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HomeMy WebLinkAbout1340(~ assign~ents co~te~aplated hereby shall be paid equally by !leador Brook and Verde. The term expenaes ahall not i~clude attorney'8 fees, which shall be borne by each party. (b) All instrume~ta of conveyance and assignment, and all other docua~e~tation do~e in co~nection with this agreement shall be satisfactory in form and substance to Verde and its counsel. (c) Notices and other communications shall be in writing and (i) if given to Meadow Brook shall be delivered or mailed to it at 10621 North Rendall Drive, Suite 214, Mia~ai, Florida 33175; and (ii) if given to Verde, shall be delfvered or mailed to it at 6T01 Sunset Drive, Suite 104, South Miami, Florida 33143. All mail shall be sent by certified or registered mail, return receipt requested. Each party may change its address for notices by notice to the other party in tbe above manner. (d) This agreement shall bind and inure to the benefit of each party's successors. In particular, Meadow ~ Brook•s obligations hereunder shall be deemed to be cove- nants running with the land with reference to any real property acquired by Meadow Brook during the option period, and, shall bind all purchasers, assignees, niortgagees, tenants and other persons who shall acquire interests in any such real property. (e) Meadow Brook agrees to execute all UCC fina~- cing and continuation statements required to be executed in connection with this agreement, and hereby authorizes Verde to execute and ffle such statements without execution by !leadow Brook. ( f) This agreement may only be alaended or ~aodified by a writing signed by the party to be bound thereby. (q) This agreement ahall be governed by the laws of Florida. -3- BJOK348 PA~E~.340 ~~.~ . _. .- ------ ~ --~ :.~- ~-:: ; _ :., ~,~, . ~a~~,~ ~.,.~ :, _~ . _ . __ ,.~ ~ ...