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6A(2)
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09-25-14 Redevelopment Commission Meeting
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6A(2)
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• <br /> If to Grantee: Hoffman Hotel Apartments Housing Partners, L.P. <br /> 4000 West 106th Street, Suite 125-146 <br /> Cannel, Indiana 46032 <br /> Attn: William J. Hollingsworth <br /> With a copy to: CREA SLP, LLC <br /> 30 South Meridian Street, Suite 400 <br /> Indianapolis, Indiana 46204 <br /> Attn: Asset Management Group <br /> Either party may change its address for purposes of this Section by giving the other party <br /> written notice of the new address in the manner set forth above. <br /> Section 12. Governing Law. The conditions, terms and provisions of this Agreement <br /> shall be governed by and construed in accordance with the laws of the State of Indiana. <br /> Section 13. Construction. The Section headings are included only for convenience, <br /> and shall not be construed to modify or affect the covenants, terms or provisions of any Section. <br /> Section 14. Attorney Fees. In the event that it shall be necessary for either party to <br /> retain an attorney to enforce the obligations of the other party hereunder, the prevailing party <br /> shall be entitled to recover from the other party all reasonable attorneys' and paralegal fees and <br /> expenses incurred in connection therewith. <br /> Section 15. Assignability. This Agreement may be assigned by Grantee, only to a <br /> successor in interest as owner of the Grantee Property or to a mortgagee in possession of the <br /> Grantee Property and to no other party. The rights and obligations hereunder shall run with the <br /> land and be binding on the owners of the Grantor Property and shall benefit the owners of the <br /> Grantee Property. Grantee will not permit use of the Grantor Property, or any part thereof, <br /> except in strict compliance with the provisions of this Agreement. The provisions of this <br /> Agreement are for the benefit of and will be applicable to Grantee and its successors and assigns. <br /> Section 16. Counterparts. This Agreement may be signed in counterparts, each of <br /> which will be deemed an original, but all of which when taken together will constitute one and <br /> the same instrument. <br /> Section 17. Last Deed of Record. The most recent deed of record relative to the <br /> Grantor Property is recorded as Instrument Number in the office of the <br /> Recorder of St. Joseph County, Indiana. <br /> Section 18. Title. Grantor hereby covenants that it is the sole owner in fee simple of <br /> the Grantor Property, is lawfully seized thereof and has a good right to grant and convey the <br /> easements herein; that the Grantor Property is free from any and all liens and encumbrances, <br /> except for real estate taxes and assessments not yet due and payable; and that Grantor guarantees <br /> the quiet possession by Grantee, its successors and assigns and will warrant and defend <br /> Grantee's title to the easements herein against all claims. Grantor represents that execution and <br /> delivery of this Agreement and performance by the Grantor of its obligations pursuant to this <br /> (20142245.DOC) -4 - <br />
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