1999 028 Ordinance - Laserfiche WebLink

Home Browse Search

iv. uia Cvaa v~ oily Sul Jcy; Q,,,, '~ '+ 4 ~i~.nro ni nil A<aw,~ ~~ 4. _ 4 •'+ ' ~^`•'• ii. ~u~ Qy- r u pry r oaf J, 101 y y. an no. no w u2 Yrvro aa~v iii v`~$~.. yvr, ~~1. oil vv~tci and on~yn~3v!s invurr°~ in vonnwaivn vr~th Buyer's fn~n~ n~ if pny in~l~irliny tl-le filing ~f all d~vy~nic4.nt,~ :i$VV!$$p,~ tv vvrii plet° $:;vh FnFnvl;;y, '°.'r"`~'' ::.. Fll ,^..ther fens an.~ rFlYr~ S rey.:lr°d tC be pasd bl R~.:JQr ~~~rrt;ant to this Agroomont. F Prnratinnc Thu F~rr~;n+ A~ent ct~aN lnr~ratQ roil oetgto twee anYl ~~ _ gcgagcmanfc tenth ~+anara! ~nri cno~i~( ~c of tho C'.inein~ rt~to Cn fhg ~,i~glg (,+f tare latgct ava~ilat~le tax ri++±pliratr~• Shn+ild ar_4~+a1 rgtrac gnrl Vzl~atjnna vary frpm fhra ratac anti valt+gtic~nc itcgri fir c~+rh prnratinn, the partigg shall raaci~+igt ti?? nrt~ratic~rl ba~eti nn the ac_ft~al ratag and vall~gti~ns anc! any c~verr~ayment chill immediately l}e rPflinciprJ tQ fha pa~V wl?ieh teas nyP~airi and any underpayment immediately made ,y the party which has underpaid its portion of such taxes and ?ssessmenL; a;~ the cam may die, outGlde cf escro>". F. Utilities. Seiler Shall continua tv pay ail utilities, inrlu~ling but nct limiter! to; water, sesuer; gas, e-ectric, telephone and Cable sa?r';!i6eS; ur;tif delivery sf possr?ssian of the Property tp buyer. The parties shall 6o9pera#la in transferring the utilities to Buyer as of the d2te of delivery of pQSSession. C3. Possession. Seger snail be entitled t4 exclusive use; occupancy and possession of the Property in a manner consistent with the present use of the Properly until the earlier of (i) sixty (l?Ol days following Seller's written nAtice to Buyer of its intention to vacate the Property: (ii) ninety (90) days fallowing completion of the initial phase of construction of its new church facility to be built on the Chester Property and Seller's receipt of an occupancy permit to occupy same, or (ii) September 30, 2043. Seller's.continued occupation of the Property from and af#er the Closing Date is subiect to the following conditions: i. SsDer's occupation, use and Possession of the Property on and aver the Closing Date shall be rent free and free of ail other costs and expenses, except (a) real estate taxes accrued through and including the date Seller vacates the Property, which Se11er shall reimburse to Buyer within ten (10) of Buyer's presentation to Seller of a receipt for payment of such tax bill, (b) utilities as set forth above, (c) maintenance and repair costs payable by Seller hereunder, 2nd (d} Capital imptovementS or repairs to the heating and air conditioning, parking lot, driveways or structural 2speCts of the Property. ii. Seiler agrees to maintain in full force and effect unfit vacating the Property comprehensive general liability insurance coverage in an amount not less than $1,000,000.00 for the mutuat benefit of Seiler and Buyer in amounts acrd with carrier(s) wrrer-tly maintained by Seiler. Buyer shaft be named as an additional insured on the insurance policies providing such coverage. 6