HomeMy WebLinkAbout1706 iC2L'atiJi2 (ur.less such t~r~e is ex~ended in wri~ir.g by tr.e Buyer) a:d +
sra~i usz raasor.able diiiger.ce so to da, ar.d as soon as title ::as been
ra:.dzred f~:liy r..arketable , shal~ deiiver an amended title binder to
;,:,a ~uyar eli~r.inating said ob~e~~ions to ihe titie.
^:~s trar.sact~on shall be closeci sixty ( 60)~ days after the
or within thirty(30)days from delivery of title commitment,whichever- is
ater.
;u~~ execution of this Agree~.ent~aL t'r.e o~i'ice of the titie insizranc
F
c~:::pany i:~surin~ the ti~~e. Providad, however, that if title is found
a:::arketsole and car.not be rer.dered raar~ce;,able in accordance witn the
~ oregoir,~ provisior.s o_° tY:is A~ree:r.er.~, ~he closing cate siiall be post-
~or.ec and said transactior. s:.all be closed witr.in te:~ (10) days after
1,1V1e :~as been rencered .i.arketable and t'r.e a:r.ended title binder has ~
oez:~ ~~;rr:~shed as hereinab~ve provided. A~ ~ne time of closin~, tre
S@ilL':' s:.all convey by Warranty Deed to ~Y,e Bu}~er a~ood and market-
able title free ar.d clear of all lie^s, e.xcep~ tnose herein stateri,
encu:~brances, easeme:.~s, restric~ior,s a:~d Mineral, gas, petroleum and
~~ssio :able :~ateria:i reservations. Taxes sr.all be pro-rate~ as of
ca~e oi closing. :'r.e cos~ o~ state docL:m.er.tary stamps and state sur-
;.~x o:_ t'r:e deec, in~ar:gibye tax or: .tr.e r:~ortgage ar.d :eco:dir.g ~Y:e
~ .:.~r~~a~e ar.d t'r:e cost o~ t':.e owners titlz insurance policy ar.d bir,ciers
E -~ss~:ed ~r; conr.ec~~on t:~erevrith snall be paid by the Seller. :r.e cost
€ -
~ o~ s:.a.:?ps or, the note ar.d record~n~ e deed shall oe, ~aid by ~he ~
~
. ~
B uve: • i
t
m: e Buyer~ sF,a:ll have the right and privilege of er.te: i.g 3
~ ~~o: a:.~ ~bZ" ~'r~e lar.cs ~escr~bed in this Agree~r.er.t i.;,r:ediate~y ~:pon
~:2 eX2Ci:.tiOTI O~ tfii8 ~ioY'~8T@ri~ OT' Fxt any time thereafter dur~rio tf:e
~erio~ of tnis ~?greeme. t ~s ir, effect ior the purpose of ir.spectir.~,' ~
. ~
- - s
s~:, vey~:.g, per+ormir,~ prelir~.ir:ary ar.gineerin~ work, and £or suc'r~ i
;,~'r.e: purposes as may ~e reasor.ably r,ecessary to enable Buyer to plar~
:or ~:e development of saic property and obtain the necessary approv-
~ - r -cn develo men~ .
~ a~ ~'ra:.. goverr.rr,ental orgar,izat~or.s ~or sL P
~
~ Ir. tne ever.;, t: at tY:is sale shall: not be closed wit'r.in #
~ e;,-~::e i:erein se~ forth by cefauit on the par~ of the Buyer, t:.e:.
acove-referred tQ deposit sna~l be Gelivered to the Seller as j
i
~
~
;
-5- , .
60~c~~7YG ~Ei~ `
~ ~
~r ~ - ~ - - - ~,=~~~Y ~
, ' _a`~ -:..a 'r ~ ' _ ~„~y~r. , ~
~ -f"-~ -'k' ^ ' + -
x~ _ , . _ ~ _ .