Laserfiche WebLink
AGREEMENT <br />This Agreement is entered into by the undersigned on <br />this 15th day of December, 1982, whereby the undersigned mutually <br />agree that: <br />1. Weltek, Inc. hereby sells, assigns, and-transfers <br />to Purchaser all its right, title, and interest in the real <br />estate described in the deed attached hereto and incorporated <br />herein by reference, and all of the property located thereon, and <br />also transfers, sells, assigns, and conveys all its rights, <br />title, interest, duties, liabilities, and responsibilities under <br />the terms and conditions of a document entitled "Loan Agreement <br />and Trust Indenture" executed on July 26,`1979, and all other <br />documents executed in connection with a City of South Bend, <br />Indiana, Industrial Development Bond, Weltek, Inc:'., X979 Project. <br />2. Purchaser hereby agrees to assume and accept <br />responsibility for all rights, titles, interests, duties, re -. <br />sponsibilities, and liabilities of Weltek, Inc., under the pre- <br />viously described Industrial Development Bond including, but not <br />limited to, those arising out of the previously described "Loan <br />Agreement and Trust Indenture ". <br />3. lst Source Bank, as bondholder, hereby consents to <br />this assignment and agrees to furnish the purchaser with a title <br />insurance policy with respect to the real estate described in the <br />deed attached hereto in an amount equal to the principal amount <br />of the Industrial Development Bond presently outstanding within <br />sixty (60) days. <br />