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HomeMy WebLinkAbout1529 .~_j , ? , t ~ ~ ~ ' l . ~ . ~ , ~ ~ . . ~ ~ . ~ . n~?t2;~4 ~~,Lti:~i3 > . 2 factioii of its corporate recorcls, instruments to which Properties is a , ~ partp and certificates and statements of qfficers of Properties as to its business and affairs. .I have egamined the original deeds from Continent~l to the Company (thc "Contiuental Deeds") and from th~ Company to Properties (the "Company Deeds") of the Leased Parcels~ ~ to v~~hich this opinion relates and the Lease. ~ Based upon the foregoing, it is my opinion ~rith respect to the ! Continental Deeds, the Company Deeds and the Leased Parcels Nos. F _ , listed in Appendiz A to the Leasg (the "Enumerated i~easea PHrcels that : 1. '1'he Contin~ntal Deeds are full covenant and warranty ; ~leeds eoizt~iinin~ no e~ceptions not permitted by, and the Com- i panp Deeds complv in all respects Rith, Parugraph 3(b) of the Lease. 2. The Continental Deeds «ere ~~alidly anthorized, egecuted ~ .~nd ackno«ledged bp Continental and deli~~ered to the Company ~ and effectively corireyed to the Company good and marketable ~ title in and to each of the Enumerated Leased Parcels, subject ~ only to such liens, charges, enenmbrances, minor defects and vio- lations as nould be permitted bp Paragraphs 3(d) t~nd 4 of the I.ease. 3. The Company Deeds havc been validly anthorized, ezecuted ~nd neknowledged b~ the Companp and deli~ered to Properties and effectirels convey to Properties good and marketable title in and ~ to eaeh of the Enumerated Leased Parcels subject only to such ~ liens, charges, enciimbrances, minor defects and violations as are perinitted by Paragraphs 3(d) and 4 of the Lease and to the sole specit~l limitation on Properties' estate therein thAt it shall continue only for so long xs the Lease shall not hav~ been terminated pnr- ; ~ suant to Paragraph 18(a) thereof. ~ 4. The deli~ ery of the Company Deeds complies in all respects ~s: ~~•ith the reqnirements of Paragraph 3(b) of the Lease. ~ ~ 5. Properties has not created or suffered any lien, charge, ~ encumbrance or violation upon the Enumerated Leased Propertiea ' ~ eacept snch thereof as are permit:ted by Paragraphs 3(d) and 4 = ~ of the Lease. : ~ • G. The Enumerated Leased Parcels hare been dnly and validly i ~ subjected to the Lease and constitute a part of the Leased Premises , ~ thereunder. ; ~ Very trnly yonrs, # ~ ; ~ ! . } s ~ ~ ~ VF.I~\~ I~1_.~.I.IfII~.~ ~,J~~A L~~ JY.~i ~~h~y ' ~ ~ w ~ r. h~ S .