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1999 028 Ordinance
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1999 028 Ordinance
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Last modified
11/19/2018 4:10:00 PM
Creation date
9/10/2018 8:54:44 AM
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Template:
Legislation-Meeting Minutes
Document Type
Ordinance
Number
028
Date
9/27/1999
Year
1999
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iii. Sefler agn~s to maintain in foil force and effect until vacating <br />the Property insurance coverage against less cr damage #o the Property by <br />fire and other perils as are customarily induded in a standard "ail-risk" polity <br />in the amoun± cF the Purchase Prime. Thti insurance coverage described <br />herein shat! inc!~td° insurance on the ha uses located cn the Property. <br />iv. Seller agrees that its ~ntinued use cf the Propert`,i and <br />- operation of it. facili±ies thereor. shall be in full comp!lan~ with at! <br />applicalale laws, rules, regulations and ordinances. - <br />_ v_ Baiter 2~re~ tL' !nderr!n!fy, defend 2nd hold &.:yer, !ts - <br />memt+ers, officers, trustees, affliates, surceQQers and assigns, fro!n~and <br />-agains# any bss, ztaim, damage, liabitit; er expense, including, without <br />limitation, reasonable atiflmeys' fees, imposed upon, incurred ay or <br />asserted against Buyer by reason of Sellers continued use and . - - <br />possession of the Property for the period from and after the Closing Gate <br />unit! Sefler vacates the Property. - <br />vi. - Rents! paymen#s from the houses on the Property shat! be <br />paid to Buyer. <br />vi. - Seller wiA deliverthe Property to Buyer upon the expiration <br />of the Seller's possession in substantially the same cordon as the <br />Property exists at the Closing Date, norms! v~~r excepted. %~ ~~. , <br />This provisions of this Section 6.G shall survive Closi`sSg of a transaction '~"`~`~ ~~ <br />contemplated herein and shall be continuing thereafter. ~ ~~`~-~ <br />.. ~ ~ <br />T. Covenants of Seller. From and after`the date this Agreement thro!~gh the <br />Closing Date. Seller covenants and agrees with Buyer as follows: . <br />A Seller shaII not,. and wilt not, suft'er or, permit any third petty <br />adversely fo affect Seller's fete to or inter..sf in the Prnpe!ty .and will not suffer or <br />perms to tie created any exceptions to the ix~e of the Propertj, other than the <br />Permitted Exceptions; _ <br />B. Sefler shaft not, without first obtaining the written consent of Buyer, <br />enter into any contracts or agreements pertaining to the Property except as may be <br />necessary and appropriate in the ordinary coursa of Setter's operation of a church <br />and related activ!~!'es and which may be terminated on or before delivery of <br />possession of the Property to Buyer, . <br />C. Sefler shaft keep, repair anct maintain in good order condition and <br />repair, the Property; Seller wilt Trot permit arty waste on the Property; and Setter welt <br />deliver the Property to buyer irr substantiattp the same condition as the Property <br />exists at cfosirrg, nomtat year and tear excepted. <br />8. Representations and Warranties ci Sefkr. Setter represents arrct warrants <br />to Buyer that: <br />~.~ <br />~ ~ <br />~~~~ <br />~~ <br />~ ~ <br />7 <br />
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