HomeMy WebLinkAbout1350 - SERIAL NCfi~ER 070175
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time befo~e cor~letion of the purchase of said p~operty, that SELI~ have
not good arid marketable title thereto (a title deraig~ed fYnm a tax deed, in-
cluding a MurpY~y Act Deed shall not be considered as good ~id marketable) or
that said p~operty is sub~ect to liens or enclmibrances of ar~y kind or chari-
~ acter, (including all taaces arxi oi2, ~s, mineral, or__drair~ag+~ reserva*ions
or easements) other than state, county ~rx]/or municipal ad valor~m taxes for
the curr~nt year not yet due and payable, or is restricted by deed, statutes,
2onirig ordinances, or otY~rwise, in such maru~er as to prevent or interfere with
the fl.ill use of said p~operty by PURC~iASER for its business puipose or puri-
pose~, SF,I.LER shall be allvwed thirty (30) da~ys after ~eceipt of notice f`~n
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PURCHASER of ob~ections to said title, to fluntsh goo~ and valid title f~ee of
a11 such lier.s, enc~unbrances, and restrictions; and on 5-r:t.~.,r~tti5 iailure so to
do, or to perform ar~y other term or condition of this Agr~ement, PUFdCHASER
shall, at its option, becocrie entitled to the ~epayment of whatever si.un or stur~s
h2ve been paid to SIIJ~ for or on account of this Agr~eE,'nent, except as herein-
after stated, which said si.un or s~ shall constitute a lien on said property
until r+epaid.
5. FURCHASER'S obligation t~ purchase under this Agc~eement is conditioned upori
PURCP.ASER obtaining proper zoning, or adequate variance fY~oCn existir~g zoning
regulations, to allaw use of the sub~ect pr~operty as intended by PUR(~iASER.
SII~ER also a~ees subsequent to the execution of this OPTION AG~+EI~TP to sigl
such pa~ers as required to fiZe application wfth the appropriate zonin~ authoiz-
ity arxi/or carmissian for the pz~oper zoning of the p~operty as r~equir~ed for the
use inter~ded by the P'v'RCHAS~. PURCHAS~t or its A(~NI'S ar~ to perform all other
acts and be<ar expenses associa.ted with ttie rezening procedur~e. SELIF~ft agr~ees
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