5A3 Purchase Agreement (1522-1526 Prairie Ave.) - Fully Executed

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AUDITOR’S RECORD TRANSFER NO. TAXING UNIT DATE KEY NOS. 018-8053-2127 018-8053-2129 018-8053-2130 SPECIAL WARRANTY DEED THIS INDENTURE WITNESSETH, that the City of South Bend, Department of Redevelopment, by and through its governing body, the South Bend Redevelopment Commission, 215 S. Martin Luther King Jr., Blvd., Suite 500, South Bend, Indiana (the “Grantor”) CONVEYS AND SPECIALLY WARRANTS to GTO Masonry LLC, an Indiana Limited Liability Company, with a mailing address of 62420 Old County Road 17, Goshen, IN 46526 (the “Grantee”), for and in consideration of Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the following real estate located in St. Joseph County, Indiana (the “Property”): Parcel No. 71-08-14-180-004.000-026 Tax ID: 018-8053-2127 Legal Description: Lots 7 & 8 Byerleys Add Commonly Known As: 1522 Prairie Ave Parcel No. 71-08-14-180-005.000-026 Tax ID: 018-8053-2129 Legal Description: Lot 9 Byerleys Add Commonly Known As: 1524 Prairie Ave Parcel No. 71-08-14-180-006.000-026 Tax ID: 018-8053-2130 Legal Description: Lot 10 Byerleys Add Commonly Known As: 1526 Prairie Ave The Grantor warrants title to the Property only insofar as it might be affected by any act of the Grantor during its ownership thereof and not otherwise. The Grantor hereby conveys the Property to the Grantee free and clear of all leases or licenses; subject to real property taxes and assessments; subject to all easements, covenants, conditions, restrictions, and other matters of record; subject to rights of way for roads and such matters as would be disclosed by an accurate survey and inspection of the Property; subject to all applicable building codes and zoning ordinances; and subject to all provisions and objectives contained in the Commission’s 2025 River West Development Area Plan, as thereafter amended from time to time, and any design review guidelines associated therewith. Pursuant to Section 11 of the Purchase Agreement, the Grantor conveys the Property to the Grantee by this deed subject to certain conditions subsequent. In the event the Grantee fails to perform the Property Improvements, or satisfactorily to prove such performance, in accordance with Section 11 of the Purchase Agreement, then the Grantor shall have the right to re-enter and take possession of the Property and to Page 1 of 2