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P--ppppppp . <br />It is specifically agreed that the Grantee shall promptly <br />begin and diligently prosecute to completion the redevelopment of the <br />Real Estate through the construction of the improvements thereon, as <br />provided in the Agreement, and as represented to the Grantor in public <br />documents of the Grantor, including but not limited to the bid <br />proposal submitted to the Grantor by Grantee (Project). Such <br />construction shall be begun no later than June 15, 1997, and qualify <br />for a certificate of occupancy from the Building Commissioner of the <br />City of South Bend within twelve (12) months thereafter, in the manner <br />provided for in the Agreement. <br />Promptly after completion of the Project, the Grantor will <br />furnish the Grantee with an appropriate instrument so certified. Such <br />certification by the Grantor shall be (and it shall be so provided in <br />the certification itself) a conclusive determination of satisfaction <br />and termination of all covenants, requirements, obligations and the <br />like in the Agreement and Exhibit B, and in this deed, except the <br />covenants of Section VII of the Agreement and Section III herein for <br />the limited time set forth therein. All certifications provided for <br />herein shall be in such form as will enable them to be recorded with <br />the Office of the Recorder of St. Joseph County. <br />SECTION II. In the event the Grantee herein, prior to the <br />recording of the Certificate of Completion hereinabove referred to, <br />shall -- <br />(a) default in or violate any obligations with respect <br />to the construction of the improvements provided <br />for in this Deed and the Agreement, or abandon or <br />substantially suspend construction work, and any <br />default, or violation, abandonment, or suspension <br />is not cured, ended, or remedied within three (3) <br />months (six (6) months if the default is with <br />respect to the date for the completion of the <br />improvements) after written demand by the Grantor <br />so to do; or <br />(b) fail to pay real estate taxes or assessments on the <br />Real Estate or any part thereof when due, or shall <br />place thereon any encumbrance or lien not <br />authorized by the Agreement with the Grantor, or <br />shall suffer any levy or attachment to be made, or <br />any materialmen's or mechanic's liens or any other <br />unauthorized encumbrances or lien to attach, and <br />such taxes or assessments are not paid or the <br />encumbrance or lien removed or discharged, or <br />provisions satisfactory to the Grantor made for <br />such payments, removal or discharge, within thirty <br />(30) days after written demand by the Grantor so to <br />2 DULY ENTERED <br />Sl . ,A <br />