2003 025 Ordinance - Laserfiche WebLink

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C. Other Charges. Taxes and assessments, both general and special, shall be prorated by the escrow agent as of the date of transfer based on the last available tax duplicate. 13. TIME IS OF THE ESSENCE. Time is of the essence of this contract. If Buyer shall default in the performance of any of the obligations imposed on Buyer by this Agreement, the Seller, by written notice to Buyer, (a) may elect to terminate said agreement, or (b) may pursue any and all of its legal or equitable remedies. If Seller shall default in the performance of any of the obligations imposed on Seller by this Agreement, the Buyer may elect (a) to terminate this Agreement by written notice thereof to Seller, or (b) to pursue any legal or equitable remedy. If the Buyer or Seller elect to terminate pursuant to this paragraph, the escrow agent and/or the Seller shall deliver any funds or documents placed with them, as provided hereunder, and both parties shall be released from any further obligations and liability except as provided above. 14. SERVICE. Service of all demands, notices or other papers with respect to such termination and retention of payments, or otherwise, may be made by registered mail at the following address: Joseph W. Diemert, Jr., Director of Law;1360 S.O.M. Center Road, Cleveland, Ohio 44124, or at such other address as Buyer will indicate in writing to Seller. Service of all demands, notices or other papers with respect to such termination and retention of payments, or otherwise, may be made by registered mail at the following address: Jerald L. Moss, 2806 Payne Avenue, Cleveland, Ohio 44114, or at such other address as Seller will indicate in writing to Buyer. 15. STATE LAW. This Purchase Agreement shall be interpreted and governed in accordance with the laws of the State of Ohio. 16. AMENDMENTS. This Purchase Agreement shall not be modified or amended except by written instrument signed by all of the parties hereto. 6