My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
CCP 12-15-1997
ArdenHills
>
Administration
>
City Council
>
City Council Packets
>
1990-1999
>
1997
>
CCP 12-15-1997
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/8/2007 1:14:09 PM
Creation date
11/10/2006 4:07:54 PM
Metadata
Fields
Template:
General (2)
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
143
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />.jC.\-i--':'-.--Tl:l;:"\.~'''''' Ci'\..."\.,'" CC..."''"'............ .~_-~~-.;. c -~_ ,;:: :"""{,::'\../' l ;'.....'; .:.C:\....:.....~,- -- ---- :.. _ :..:.-:.:. ,~.;;;. = 1:..,' __ <br />~B 'I <br /> b. Leases, contracts. agreements or o~her . <br /> instruments affecting all or any portion of -- <br /> the Real Property (the "Contracts'), <br /> incl uding, without limitation, all warranties <br /> and guaranties given to, assigned to, OL' <br /> benefitting Seller or the Real Property. <br /> 5. Representations and Warranties. The I <br /> representations and warranties of Seller contained <br /> in this Agt"eement will be true now and on the <br /> Closing Date as if made on the Closing Date, and I <br /> Seller shall have delivered to City at Closing a <br /> certificate dated the Closing Date, signed by an <br /> authorized representative ot Seller, certifying I <br /> LhaL such representations and warranties are true <br /> as of the Closing Data {the "Bring-do'..m <br /> Certificate"} . <br /> 6 . City'S Option to Terminate. It any condition set I <br /> forth in this Section J,O(D} has not beel~ <br /> satisfied or waived by City before the Closing I <br /> Date, then City may terminate this Agreement at <br /> any time on Or before the Closing Date by notice <br /> to Seller. Upon such termination, neither seller <br /> nor City shall have any further rights Ot. . <br /> obligations under this Agreelnent. <br />E. Title Matters. Title examination shall be conducted as <br /> follows: .. <br /> L Seller's Title Evidence. Seller shall, within <br /> twenty (20) days of the date hereof, furnish the . <br /> following (collectively, the Title Evidence") to <br /> City: <br /> a. Title Insurance Commitment. A commitment I <br /> ("Title Commitment") for an ALTA Form B 1992 <br /> Owner's Policy of Title Insurance committing <br /> to insure a marketable title to the Real I <br /> Property in City; subject only to the <br /> Permitted Encumbrances (as defined in Section <br /> J. 0 (El (2) , below); deleting so-called <br /> "standard exceptions" related to survey I <br /> matters, parties in possession, and liens for <br /> labor, materials, and services; including <br /> affirmative insurance regarding appurtenant I <br /> easements, separate real estate taxation, and <br /> contiguity, in the amount of the Purchase <br /> Price, and issued by First American Title <br /> Insurance Company (the "Title Insurer"). The I <br /> Title Commitment shall include complete and <br /> accurate copies of all matters described in <br /> Schedule B thereof; and <br /> 6 I <br /> -. <br /> I <br />
The URL can be used to link to this page
Your browser does not support the video tag.