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2. Assumption. The Board hereby assumes all rights, interests, and obligations of <br />the Commission under the terms and provisions of the Assigned Agreements, whether presently <br />existing or arising after the date of this Assignment. <br />3. Successors and Assigns. This Assignment shall be binding on and inure to the <br />benefit of the Commission and the Board and their respective successors -in -interest and <br />permitted assigns. <br />4. Consent. In accordance with the respective terms of the Assigned Agreements, no <br />third parry's consent is required to carry out the assignment and assumption stated herein. <br />IN WITNESS WHEREOF, the Commission and the Board have executed this <br />Assignment And Assumption Of Garage -Related Agreements as of the Effective Date stated <br />above. <br />SOUTH BEND REDEVELOPMENT <br />7CQMMISSION <br />C/ .. <br />Marcia 1. Jones, Preside <br />ATT ST: <br />W <br />e <br />D nald E. Inks, Secretary <br />4000.0000013 56552052.002 <br />CITY OF SOUTH BEND <br />BOARD OF PUBLIC WORKS <br />Gary Gilot, President <br />Therese Dorau, Member <br />Elizabeth Maradik, Member <br />James Mueller, Member <br />David Relos, Member <br />ATTEST: <br />Linda Martin, <br />