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CCP 09-14-1998
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CCP 09-14-1998
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<br /> SB~T BY:FETERSON P~4M BERGMAN; 3-14-38 ; 8:54AM ;FETERSON PRAM BERGMA~ 6126337833;~ 6/ 7 <br /> that he is in default of either this Agreement or the Plan, may <br /> obtain the release of the Escrow, and use the funds to complete the . <br /> abatement of the Conditions and otherwise reimburse itself pursuant <br /> to the Act. In the event of such a default, the City shall also <br /> be permitted to refile/record the Notices of Lis Pendens. <br /> Nothing in this section shall be deemed a waiver by the City <br /> of any of Rekuski's obligations or the City'S rights under the <br /> Act. <br /> 3. Obliaations/Role of the Citv. Upon the execution of this <br /> Agreement, and the performance by the Andersen and Rekuski to the <br /> extent that obligations can be performed by Andersen and Rekuski at <br /> or prior to the Closing, the City will: <br /> a. Execute and deliver two (2) original Discharge of Notice <br /> of Lis Pendens. This shall not prejudice che City's <br /> right to refile/re-record new Notices of Lis Pendens as <br /> provided elsewhere herein; <br /> b. Agrce to refrain from demolishing the structure located <br /> at 3183 Lexington for a period of sixty (60) days from . <br /> the date of Closing in order to allow ample opportunity <br /> for Rekuski to submit and perform his obligations <br /> pursuant to the Plan. <br /> IN WITNESSES WHEREOF, the parties have executed this Agreement <br /> to be effective the date set forth above. <br /> THE CITY <br /> BY: <br /> ~~ Its: <br /> f\)~ Attested By <br /> Its: <br /> I <br /> 4 . <br />
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