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~l-~iU573~ HUO-52098 14.69) glad of ownership thereof by the Agency, an amount, if paid, equal to such taxes, assessments, or charges (as detern:lned by the City assessing official) as would have been payable if the Property were not so exempt); any payments made or necessary to be made to discharge any encu~oranees or liens existing on the Property or part thereof at the time of reverting of title thereto in the Agency or to discharge or prevent from attaching ar being made any subsequent encumbrances or liens due to obligations, defaults, or acts of the Redeveloper, its suctescors or Lransferees; any expendit~:res made or obligations incurred vith respect to the making or completion of the Improvements or any part thereof on the Property or part thereof; and any ~aouuts otherwise awing Lhe Agency by the Redeveloper and its successor ar transferee; and {b} Second, to rei:aburse the Redeveloper, its successor or transferee, up t.o the aaoount equal to (1) the sum of the purchase price paid by it for the Froptrty (or allocable to the part thereof) and the cash actually invested by it is making any of the Improvements on the Progerty or Bart thereof, less (2) any gains or income withdrawn or made by it from the Agreement or the Property. Any balance remaining after such reimbursements shall be retained by the Agency as its property. SEC. 706. Other RiE,hts and Remedies of Agency; No Waiver by Delsy. The Agency shall have the right to institute such actions or proceedings' as it may deem desirable for effettuatfng the'purpases of this Articie VII, including also the right to execute and record or file among the public land records in the office in which the Deed is recorded a written declarntioa of the termination of ali the right, title, and interest of the Redeveloper, and {except for such individual parts or garcels upon which construction of that part of the Improvements required to be constructed thereon has been completed, in accordance with the ~'igreement, and for which a certificate of ^vmgletion as provided in Section 307 hereof is to bt delivered, and sub,~ect to such mort~,age liens and leasehold interests as provided in Section i~~+ ttercaf} its successors in interest and assigns, in the ,''7c`Rpart~, an;: the revestinb of title thereto in the Agency: Fravidtd, Thar. A 1 h ~ hu C~+..h. ins:. 1^ ti .~.y s__ay ..y ., .. ~~ . _ is ..o itut .. preseeu ng any vuc actions c~•_prooredin~as r~r Qtherwise~asserting its rights un~r this Article YII shall not operate as a waiver of such rights or to deprive it of or limit such rights in any way (it being the intent of this provision that the Agency should not be constrained (so as to avoid the risk of being deprived of or limited in the exercise of the remedy provided in this Section because of concepts of waiver, lathes, or otherwise} to exercise such remedy at a time when it may still hope otherwise to resolve the problems treated by the default involved); nor shall any waiver in fact made by the Agency with respect to any specific default by the Redeveloper under this Section be considered or treated as a waiver of the rights of the Agency n 18 -