Project Agreement - University of Notre Dame du Lac and FREG Stephenson Mill Assoc.

Home Browse Search

F. Prior to the Closing, the City and/or the University, as set forth in this Agreement, shall submit (or cause to be submitted) into escrow with Fidelity National Title Insurance Company located at 8055 E. Tufts Avenue, Suite 300, Denver, CO 80237 (Attn: Lindsey Mann; Phone: (720) 200-1227, Email: lip c1se .Inann ii)fin ;coni) ("Fidelity"), the following items (each of which shall be properly executed by the applicable parties and notarized, if applicable): (i) the Replat; (ii) the Easement Termination Agreement executed and notarized by City and Wharf Partners, LLC; (iii) a Special Warranty Deed to FREG Stephenson for Lot 2 of the Seitz Park Subdivision; (iv) a Special Warranty Deed to FREG Central for Parcel 2 of Central High; (v) a Shared, Perpetual, Non -Exclusive Ingress and Egress Easement over a portion of Lot 1 of the Seitz Park Subdivision; (vi) the Purchase Price; and (vii) Such other documents or items as may be reasonably required by Fidelity to affect the consummation of the transaction contemplated by this Agreement. G. Prior to the Closing, FREG Stephenson shall submit (or cause to be submitted) into escrow with Fidelity the following items (each of which shall be properly executed by FREG Stephenson and FREG's Lender, if applicable, and notarized, if applicable): (i) the Replat; (ii) the Easement Termination Agreement executed and notarized by FREG Stephenson; (iii) a release of mortgage/deed of trust by FREG's Lender for the Released Parcels only; and (iv) Such other documents or items as may be reasonably required by Fidelity to affect the consummation of the transaction contemplated by this Agreement. H. Unless set forth otherwise in agreements between the City and FREG Stephenson or FREG Central, real estate taxes, special assessments and other assessments, ad valorem taxes, district improvement impositions and the like with respect to the Released Parcels, Lot 2 of the Seitz Park Subdivision, and Parcel 2 of Central High (collectively "Taxes") will be pro -rated on the basis of the 4