HomeMy WebLinkAbout0776 by him if such agent or attorney ehall have been selected xith
reasonable care.
N. TYLat the TecroW Agent may conler With legal aouneel in
the event of ~ny dispute or question ae to the conatruction of
any oP the provisione hereof or hie duties hereunder, and he ahall '
incur no liability and shall be fl~lly protected in ~cting in ac-
cordance Kith the opinion and inetruction of such counsel.
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0. That in the event of any disagreement betxeen any of the
parties to this agreement, or betWeen them or either oY them or any
peraons, reaulting in adverse clsim8 and demands being made !n con-
nection xith or for any property lavolved herein or affected hereby,
the ]3scrox Agent shall be entitled, at hia opinion, to ref~ise to '
comply with any claims or demanda on him as long as such disagree-
ment shall continus, and in so refusing, the Bscrox Agent may make ~
no delivery or other diepositinn of any property involved herein or ~
affected hereby, and in so doing the $scrow Agent shall not be or
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become liable in any xay or to any person for his failure or refusal ~
to comply xith auch conflicting or adverae de~ands; and he shall be
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entitled to continue so to refrain from actirg and so to refuse to
; act until (1) the right to adveree claimants shall have been
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t finally ad~udicated in a Court ae8uming and having ~urisdiction
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~ of the property iuvolved herein or affected hereby or (2) all
differences shall have bsen ad~usted by agreement and the 13ecrox
~ Agent shall have been notified thereof in xriting signed by all '
persons interested.
P. That in the event it becomes necessary to enforce the j
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collateral eecond mortgage end note it secures in favor of HARRIS ~
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CONSTRIICTIOb COBP08ATION, as hereinbefore set out, we hereby au- ~
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~ thorize the said BscroX Agent, IRVIN FRANK, JR., as Attorney Yor >
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f' Blmer S. Waring, in our name8, to take the nscessary proceedings
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Yor the enforcement of the eame.
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~ ~,o Q. That in the event it becomes necessary to enforce any of ~
~ the mortgeges, together with the notea that they secure referred =
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p to in the foregoing paragraphs, and that the parties hereto pur- ~
~ chase aaid property at the sale thereof (if one be had) then it
E..~ is agreed that BLMSR S. ~TARIBG shall convey by quit-alaim deed ~
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~ the said property to HABRIS CONS2RUCTION CORPORATION, upon receipt '
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