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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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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 11. 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 12. 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 13. 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 14. 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 15. 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 16. 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 17. 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 /> Agreement will not violate any agreement, instrument, order,judgment, decree, permit, approval, <br /> license, law, regulation or ordinance to which Grantor is a party or by which Grantor or its assets <br /> or the Grantor Property is bound or which otherwise affect the Grantor Property. Grantor shall <br /> indemnify, defend and hold Grantee and its successors and assigns harmless from and against <br /> any and all claims, damages, liabilities, losses, costs and expenses, including, without limitation, <br /> reasonable attorneys' fees and any consequential damages, arising from a breach of the <br /> representations, warranties, guarantees or covenants of Grantor contained in this Agreement. <br /> Section 18. Authority. The undersigned person executing this Agreement on behalf of <br /> Grantor represents and certifies that he has been fully empowered to execute and deliver this <br /> Agreement; that Grantor has full capacity to convey the easements and the rights herein; and all <br /> (20142247.DOC) -4 - <br />
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