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6A(2) Amended Agreement for Easement (WNIT)
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6A(2) Amended Agreement for Easement (WNIT)
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9/3/2009 9:15:02 AM
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5. The Easement and all interests and rights created hereby are, and shall <br />remain, non-exclusive and subject to use of the Property by Grantor and its <br />successors and assigns in any manner not inconsistent with the rights of <br />Grantee created herein. <br />6. The Easement, rights and privileges are granted hereunder for a period of <br />eighteen (18) months from the date this Agreement is executed. However, <br />so long as the construction contemplated by the Commission is not <br />complete, and the Commission is proceeding to complete it, the <br />Commission shall have an option at its discretion to renew the Easement for <br />six (6) consecutive thirty (30) day periods by providing WNIT written notice <br />of the Commission's intent to renew fifteen (15) days prior to the expiration <br />of the original eighteen (18) month term, or any subsequent thirty (30) day <br />renewal. In any event, the Easement shall expire two (2) years from the date <br />of this Agreement unless the Parties agree in writing to an extension. <br />7. This instrument contains the entire agreement between the Parties relating to <br />the rights herein granted and the obligations herein assumed consistent with <br />the Development Agreement. <br />IN WITNESS WHEREOF, the parties have caused this Amended Agreement for Easement <br />to be signed in South Bend, Indiana, on the day and year first above written. <br />GRANTOR <br />Michiana Public Broadcasting Corporation <br />By: <br />Its: <br />ATTEST: <br />GRANTEE <br />South Bend Redevelopment Commission <br />By: Marcia Jones <br />Its: President <br />By: By: <br />Its: Its: <br />ATTEST: <br />
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