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ownership thereof by the Commission, an amount, if paid, equal to such taxes, assessments, or charges, as determined by the appropriate assessing officials, as would have been payable if the Property were not so exempt; C. any payments made or needed to be made to discharge any encumbrances or liens existing on the Property or part thereof at the time of revesting of title in the Commission or to discharge or prevent from attaching or being made any subsequent encumbrances or liens due to obligations, defaults, or acts of the Developer, its successors or transferees; d. any expenditures made or obligations incurred in making or completing the construction or any part thereof on the Property or part thereof, e. and any amounts otherwise owing the Commission by the Developer and its successor or transferee; and 2. Second, to reimburse the Developer, its successor or transferee, up to the amount equal to: a. the sum of the Purchase Price paid by it for the Property (or allocable to the part thereof) and the cash actually invested by the Developer in construction on the Property or part thereof, less b. any gains or income withdrawn or made by the Developer from the Contract or the Property. Any balance remaining after such reimbursements shall be retained by the Commission as its property. F. Other Rights and Remedies of Commission: No Waiver by Delay. The Commission shall have the right to institute such actions or proceedings, as it may deem desirable, for putting into effect the purposes of this Section IX. This includes the right to execute and record or file among the public land records iri the office in which the Deed is recorded a written declaration of the termination of all the right, title, and interest of the Developer, and (subject to such mortgage liens and conveyances as provided in Section IX, Subsection D hereof) its successors in interest and assigns, in the Property, and the revesting of title in the Commission. Any delay by the Commission in instituting or prosecuting any such actions or proceedings or otherwise asserting its rights under this Section IX shall not operate as a waiver of such rights or to deprive it of or limit such rights in any way. This provision intends that the Commission 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 Contract because of concepts of waiver, laches, or otherwise, to exercise such remedy at a time when it may still hope otherwise to resolve the problems created by the default involved; nor shall any waiver in fact made 10