17-Zoning: Public Hearing - Laserfiche WebLink

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N0,!-30-2007(rki ) Ib; Lltl Lt(V lUk,y f- i L A L_U i ivL n~ - I I ~ I I I I . - - - . 7. PRORA.'171UN5: Thc- rents, iiioome and Gxp-1scs ti-om the FropeCLy ihni! !st pi•aroced belween Seller aAd Duyer as Qf Clusinb. 5a11er sl7nll pny all atnGrr.1 nal t-etaCe ti'~Xts levied and nsse=d tgainst rlao 1>eoptrty, xnd u1f lnstailments a'f sneciul wsstasmeuts assosS+W for Ai• attributablv lo the yzars prior to tltv aalendar year of Closiiig. All such taxas and instssJlrncnts oi`snaoiat as;essmopty ub5r5sccl for pr alributable to che calenrlnr year af Clasinb shsii b~ praratcd bew~eeu 5eller and 13uyer on tl1e basis af sucli ealendar year, as af Closli►g. if thv nmaunc nf any irsx or special i=assmtnt cannuc be asc~rtaln~:d at Closing, prorution shall be vainputbcl bn dic am~unc iAr the prcGndln; year's ta: ar s}tcial ;.u;sessmnttx. Duyc,' shalt assuina aiul ppy sll sucli taxes and iRSmltlriziiLS Q'f SpoGial lYsSZSSment!~ acrrojin6 aitcr tl:e Cl~sing, 8. T11`LE lNSl1RAPJCE: 5eller sliall dtlivCr to L'uyer wfthIn a Nusana6la time nftar die C(osir►g un owtusas TLTA utit inxuculce puliay (che "Owntr's F'olic'y") insuring ntarketablG 1'0e O,ririln title ta Buyer in chb nmounr of c2v$ purchase price as af t1iE cime and date of recaixlation af Sellttr'S GCt1tPal Wurranly 17aed, aubjeeT only W th~ Permitsrd Rxenptianc dnEinod below_ 71tie Owner"s.Policy ShFilt iIOC Cp1lluln uC1y cxCC(?[IDIi CoC 1l2tlCllillliG'6 IiC(15 OC wltlI111S C7I' aiechanit's llens or for parcies in posscssion (nxcupt i'ar Cttosa ftnanty dlsclosed under paragraph 19 4nd specif,cally listed in tho Qwner's policy) and Buytr harein objects to any sucl, exec;ptiaris. Se(iar s1yaU, as soun tu possible And noc lnter thnn lhlrty (30) days aftei' iht~ EffectivE I?zTa of tltis GOdtraat, cause to be Ali-iyisl7iad to BuyO u aurrent commirmant ta issuG the Chwnor's Pallcy (tho "T1Cle C:ommltrneRiI, ISsuexi thrbugh a ticle insurAizce conipnny nccCptabtc tu Buyar and uuthorizcd to isStse titlc insm'atlee in the stam Iii which cttd NrCper'ty is lotared (tlle "TidC Com(sany"), together with cotriplete aad legible aopies oi' atl tlocutuents snd ;nsn,uz►cncs. Ulcluding pluts und suivcys (th4 "Exceptiona Dnoumenrs") crcating e:cceptlous ta title i,l tha Ticla Conuriicrnont,' t3uycr ttlrull have uncil,jjfteeft f151 daYb Lftr tc:=apt of the Titlw Cuntmitrneitl od 8u:eption Dncumapt5, and survey (the "ltt:viaw t'Criud") in wiiicki to nat* 5c!leir In wrltino oF any objeotiaj7s Btry4r ]ias co aqy ►tiYUt'tters shown or reForrcd tu iit tltie 'Clrlc Committlttnt. Any mutcers, which Srt3Ci EOCdl 1[3 4ltp Tltlt CQtTlthll'iliGiti 011d 1o w}1iCI7 BUyel- doe~ nat oqj4Gt u'idt[n d1e Reuiew Aeriod, 41All be drxmcd tQ be pormltcsd exCeplions ro tEie stattl5 ur Si11ct's l'itle (0n "YermitCed Lhcepcians"), Withirt at~r 3o dnys a1tcr meclipt af Buyees objWipns, (the "Cure PeriQtl") 5c;ller stzall aither; (i) cure al1 sueb rnatters obaected ta by Buycr ayd notify Eiiiyci' ln weisuig titaC l'he same have bocn curnd; ar (if) pr+ovide such evidanae as is rsasonabty satisfactnry w Buyer and thC TiGe CamlautYy that a11 suah mAtteFs will bG aured wi pr fefqrd the CJosing in urder that tho '1"icle Cotnpauy may, as ot'thi: CIosing, issue this t7wnnr's Pmlicy sub)ect only to the Per►nitted 1".~xczptions; or (1i1) noel~ 13uyrs in writin6 Shat SalIC1' clocts t1QY to cut+tt onz Or mG1'e af C110 m8i[m DbJaatOd t4 by 13uyer, ln the evenc 5eller daes nol, tviChGt tUe Cw•e lDel'1od aaue Buyer's CiCIa db;ccGions snd natif'y Suycr th2c tlae s;amv havfs bcen ourod or nrovicic avidt-nce reacorinbly su119fiAOtory t4 Buyer and 4hentle Comvsny citat k3uyct's titlG abJectidns wlll be curad aa or before the Closirig, then fluyer slull hsve tiie,rigltt to tertnlna.o Cl1Is Cantracr by givinb Snllet' Wrlctc►t nacic$ aftermination ar uny tirne after acpiratian vf djQ Curt; Per,od and priar lo the CloSing. !n t11i evectt Huyar ksratinaccs thiS Contrnct in accortlBi= with this Naragt•upSt E. cta* Earuesc Monay wiil W racurnud to Buyer and the parfies shull be relitved oF khrir respective rigbts and pbliptiotis sei fuRh in thiS CpnuBCL In tfie tlVent $uycr cloe~ not tpn'ninate this Cornract dueiqg ►uiMiri a1fifieeri (151 d9 rrin: m ttxe errrf o tRa cure 2MJU .gUykiP SIIAIl ITC dC0l74bd W t1i1VC Cyt7Gted CD Wfl1Ve SCB CtZIC 0bJtlOflilAB i1nd acaopt xitla subjeet to the mattur roflrctccl i)i the Ticle Cornniitmene an8 nar oured bY Sdllar. lf Seller •rails Go cornplettly pti-fetni, in a timely mnnner, all oJ' che oblipt;cne nnd tcynlromi,ms of Sollrn' set idrth in qtr ternis and conditionr ef this para~rnpht HuYar, ut Bu)les's sotc .bpCioll, iTsu7 Wfltitlnate this Con'tract by giving notice ro Sellcr as p►etildtd ttierbi,y, itl wGieh evtint tfie Eacna6z M.Uney slwll be immediutety raturncd tib Buyas' and thcrcaficr thic Cantrac(shuU bt null and vaicl aad a(' no N'tller farcc+ o;' atlect. I~~Suyar lait{ul5 ~ 4r~ SBIlCr I21iGlals c^.ti/,, e ( 7rnn+-n)11f7C Tfi"Yf~ lfil(A7 A7 /~rl i~() 0 t)T:-)