Lev 26 is a shorter version of Deut 28 -- the blessings of obedience to God, and the alternative punishments for disobedience.

        

The rewards for obedience:
         a. rain and abundant crops
         b. peace in the land
         c. victory over enemies
         d. increase in numbers
         e. "I will walk among you" (Lev 26:11)
       

The punishments for disobedience:
         a.  wasting diseases
         b.  defeated by enemies
         c.  punishment for sins 7 times over
         d.  barren crops
         e.  decrease in numbers
         f.   plague and famine
         g.  eat the flesh of your children.
         h.  ruined cities and wasted land.
         i.  scattered among the nations

        

But if Israel disobeys, and then repents in exile, God will remember His covenant with Abraham.  Embedded in this chapter is the birthright of Israel, the central blessing of the covenant relationship:

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         "I will put my dwelling place among you, and I will not abhor you. I will walk among you and be your God, and you will be my people" (Lev 26:11-12).