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8570-12 Authorize purchase of 1446 Mars & 1436 Grace
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8570-12 Authorize purchase of 1446 Mars & 1436 Grace
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Last modified
5/14/2013 3:21:44 PM
Creation date
3/29/2012 7:18:27 AM
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Office Of Council
Document Type
Resolutions
Date Adopted
3/28/2012
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B. Seller shall pursue any legal or equitable remedies available for the breach. <br />15. SELLER DEFAULT. REMEDIES. If Seller fails to perform any obligation imposed by this Agree- <br />ment, and such failure continues for 5 days following written notice from Buyer, then Buyer may <br />elect to terminate this Agreement. Buyer thereafter shall be entitled to a return of the earnest money <br />deposit and Buyer may also pursue thereafter any other legal or equitable remedies as a result of the <br />breach. <br />16. ENTIRE AGREEMENT. This Agreement, including any Addenda, constitutes the entire agreement <br />bet•veen the parties. No other conditions, representations, warranties or agreements, expressed or im- <br />plied, have been made or relied upon by Buyer or Seller. The representations, wan~anties and agree- <br />ments contained in this Agreement shall survive the transfer of title. Any modifications to this agree- <br />ment shall be in writing signed by both parties. <br />17. PARTIES BOUND AND BENEFITED. This Agreement shall bind and benefit the parties hereto and <br />their respective heirs, personal representatives, successors and assigns. <br />18. REAL ESTATE BROKER. (Check one): <br />® No real estate broker is owed a commission in connection with the sale of the Property. Each par- <br />ty represents and warrants to the other that it did not engage the services of any real estate broker <br />or agent in connection with this transaction, except as specifically provided herein, and Seller <br />agrees to indemnify and save Buyer harmless from all claims and liabilities arising out of the <br />breach by it of the foregoing representation and warranty. <br />^ Upon Closing, Seller agrees to pay a total commission of $ to .The Escrow Agent is <br />instructed to pay said commission from the Seller's proceeds. <br />19. ADDITIONAL PROVISIONS. Attached hereto and made a part of this Agreement is (are) -0- Ad- <br />dendum (Addenda), setting forth additional and/or alternative provisions of this Agreement. <br />THIS AGREEMENT IS A LEGALLY BINDING CONTRACT. IF YOU HAVE ANY QUESTIONS OF <br />LAW, CONSULT YOUR ATTORNEY. <br />(The signature page follows.) <br />
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