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may assign this PaFt 2 Agreement to any institutional lender providing construction financing , and the Design/Builder agrees to execute all consents reasonably required to facilitate such an assignment. If either party makes such an assignment, that party shall nevertheless remain legally responsible for all obligations under this Pad 2 Agreement , unless otherwise agreed by the other party . § 11 .7 TERMINATION OF PROFESSIONAL DESIGN SERVICES § 11 . 7 . 1 Prior to termination of the services of the Architect or any other design professional designated in this PaFt 2 Agreement , the. Design/Builder shall identify to the Owner in writing another architect or other design professional with respect to whom the Owner has no reasonable objection , who will provide the services originally to have been provided by the Architect or other design professional whose services are being terminated . § 11 . 8 EXTENT OF AGREEMENT § 11 . 8 . 1 This PaFt 2 Agreement represents the entire agreement between the Owner and the Design/Builder and supersedes prior negotiations , representations or agreements , either written or oral . This Pad 2 Agreement may be amended only by written instrument and signed by both the Owner and the Design/Builder. ARTICLE 12 TERMINATION OF THE AGREEMENT § 12. 1 TERMINATION BY THE OWNER § 12. 1 . 1 This PaFt 2 Agreement may be terminated by the Owner upon 14 days' written notice to the Design/Builder in the event that the Project is abandoned . If such termination occurs , the Owner shall pay the Design/Builder for Work completed and for proven loss sustained upon materials , equipment, tools , and construction equipment and machinery , including reasonable profit and applicable damages . § 12. 1 . 2 If the Design/Builder defaults or persistently fails or neglects to carry out the Work in accordance with the Contract Documents or fails to perform the provisions of this PaFt 2 Agreement, the Owner may give written notice that the Owner intends to terminate this lea#-2 Agreement. If the Design/Builder fails to correct the defaults , failure or neglect within seven (7) days after being given notice , the Owner may then give a second written notice and , after an additional seven (7) days , the Owner may without prejudice to any other remedy terminate the employment of the Design/Builder and take possession of the site and of all materials , equipment, tools and construction equipment and machinery thereon owned by the Design/Builder and finish the Work by whatever method the Owner may deem expedient. If the unpaid balance of the Contract Sum exceeds the expense of finishing the Work and all damages incurred by the Owner, such excess shall be paid to the Design/Builder. If the expense of completing the Work and all damages incurred by the Owner exceeds the unpaid balance , the Design/Builder shall pay the difference to the Owner. This obligation for payment shall survive termination of this . PaFt-2 Agreement. § 12 . 2 TERMINATION BY THE DESIGN/BUILDER § 12 . 2 . 1 If the Owner fails to make payment when due in accordance with the Florida Prompt payment Act , FS4 218 . 70 et sea . , the Design/Builder may give written notice of the Design/ Builder's intention to terminate this Pari-2 Agreement: If the Design/Builder fails to receive payment in accordance with the Florida Prompt payment Act , FS$ 218 . 70 et sea . , the 19