6.C.(6) Resolution No. 2505 - Laserfiche WebLink

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Llsurance Policies issued by the Title Company. Purchaser and Seller shall share equally all charges and costs of such Title Insur~uice Policy. If Seller shall not have corrected defects in marketable title or if the title insurance issuer shall refuse to accept such corrective material and to insure against such corrective material, Purchaser shall have the option either to declare this Contract to be null and void or to waive such defects as a basis for such rescission and to proceed with consummation of the sale notwithstanding such defects. 9. Removal of Seller's Property. On or before Closing, or subsequent to Closing, in a time fi•amc satisfactory to Purchaser; Seller shall have demolished at no expense to Purchaser, except as described in Paragraph 7 above, all equipment, personal property, and other items of any kind or nature from the Property. Any fixtures, equipment or personal property not removed by the Closing Date or a later date satisfactory to Purchaser shall be deemed to be abandoned and Seller hereby agrees to indemnify, defend and hold the Purchaser harmless for the removal and disposal of any equipment or personal property in or on the Property, whether such items are owned by the Seller or athird-party. 10. Kemedies Upon Default If Seller or Purchaser breaches or defaults any of the terms of this Contract, the remedies available to Seller or Purchaser arc all those available at law or equity. 11. Notices. All notices, elections, requests, and other communications hereunder shall be in writing and shall be deemed sufficiently given if personally delivered or when deposited in the United States mail, certified or registered postage prepaid, or when delivered to a nationally recognized overnight courier service with guaranteed next business day delivery and addressed as follows (or to such other person, or to such other address, of which any party hereto shall have given written notice as provided herein): Scllcr Deister, L.L.C. c/o Joseph Grabill, Registered Agent 2410 N. Grape Road, Suite 1 Mishawaka, IN 46545 Purchaser Donald E. Inks, Director Department of Redevelopment City of South Bend, Indiana 227 W. Jefferson Boulevard, Suite 1200 South Bend. IN 46601-1830 With copy to: Charles S. Leone, Esq. City Attorney City of South Bend, Indiana 227 W. Jefferson Boulevard. Suite 1400 South Bend, IN 46601-1830 12. Brokera~c Commission. Scllcr and Purchaser warrant and represent that there arc no finders or brokers entitled to fees or commissions which may be due from the introduction of Seller 5