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HomeMy WebLinkAbout5A3 Termination and Release of Deed Covenants (SBCC Development Corp) Cross References: Instrument No. 1718969 TERMINATION AND RELEASE OF DEED COVENANTS WHEREAS, the City of South Bend, Department of Development, by and through its governing body, the South Bend Redevelopment Commission (“South Bend”), is the grantor of certain real property subject to conditions, covenants and reversionary interests (the “Deed Covenants”) set forth that certain Quit Claim Deed recorded on July 19, 2017 as Instrument Number 1718969 in the Office of the Recorder of St. Joseph County, Indiana (“Deed”). WHEREAS, South Bend is the benefitting party of the Deed Covenants. THEREFORE, South Bend hereby terminates the Deed Covenants, releases all of the Property described in the Deed from the Deed Covenants, and acknowledges and declares that the Deed Covenants are of no further force and effect. The undersigned person executing this Termination and Release of Deed Covenants represents and certifies that s/he has been fully empowered to execute and deliver this Termination and Release of Deed Covenants; and that all necessary corporate action for the making of such release has been taken and done. [SIGNATURE APPEARS ON FOLLOWING PAGE.] 4870-6470-9425 IN WITNESS WHEREOF, Owner has caused this Termination and Release of Deed Covenants to be executed this _____ day of ___________, 2022. OWNER City of South Bend, Department of Redevelopment By: Name: Title: STATE OF INDIANA ) ) COUNTY OF ) Before me, a Notary Public in and for said County and State, personally appeared , the of the City of South Bend, Department of Redevelopment and acknowledged the execution of this Agreement for and on behalf of such entity. WITNESS my hand and Notarial Seal this _____ day of _______________, 2022. Signature Printed NOTARY PUBLIC My Commission Expires: County of Residence: ____________________ _________________ This instrument was prepared by Annie R. Xie, Ice Miller LLP, One American Square, Suite 2900, Indianapolis, Indiana 46282. I affirm, under penalties of perjury, that I have taken reasonable care to redact each Social Security Number in this document, unless required by law. Annie R. Xie