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25-49 Resolution Authorizing the Purchase of Real Property Located at 749 Harrison Avenue
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25-49 Resolution Authorizing the Purchase of Real Property Located at 749 Harrison Avenue
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written notice of such default or breach from the non-defaulting Party, or, if the nature of <br /> the default or breach is such that it cannot be cured within thirty (30) days, the defaulting <br /> Party will diligently pursue and prosecute to completion an appropriate cure within a <br /> reasonable time. In the event of a default or breach that remains uncured for longer than the <br /> period stated in the foregoing sentence, the non-defaulting Party may terminate this <br /> Agreement, commence legal proceedings, including an action for specific performance, or <br /> pursue any other remedy available at law or in equity. All the Parties' respective rights and <br /> remedies concerning this Agreement and the Property are cumulative. <br /> 8. DISPUTE RESOLUTION <br /> A. Forum. Any action to enforce the terms or conditions of this Agreement or <br /> otherwise concerning a dispute under this Agreement will be commenced in the courts of <br /> St. Joseph County, Indiana, unless the Parties mutually agree to an alternative method of <br /> dispute resolution. <br /> B. Waiver of Jury Trial. Both Parties hereby waive any right to trial by jury <br /> with respect to any action or proceeding relating to this Agreement. <br /> 9. NOTICES <br /> All notices required or allowed by this Agreement, before or after Closing, shall be <br /> delivered in person or by certified mail,return receipt requested,postage prepaid,addressed <br /> to each Party's respective addresses and representatives as stated below. <br /> Buyer: South Bend Redevelopment Commission <br /> 215 S. Dr. Martin Luther King Jr. <br /> Ste. 500 <br /> South Bend, IN 46601 <br /> Attn: Executive Director, <br /> South Bend Department of Community Investment <br /> With a copy to: South Bend Legal Department <br /> 215 S. Dr. Martin Luther King Jr. <br /> Ste 600 <br /> South Bend, IN 46601 <br /> Attn: Corporation Counsel <br /> Seller: New Birth Christian Ministries Inc. <br /> With a copy to: <br /> 4 <br />
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