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� EXI3IBIT C <br /> QUIT CLAtM DEED <br /> STATUTORY <br /> DOCUMENT NO. <br /> Tax Bill To: Decafur Macon Countv Opportunities Corp. <br /> 1122 E.Marietta St. <br /> Decatur. IL 62526 <br /> TAX EXEMPT <br /> THE GRANTOR, CITY OF DECATUR, ILLINOIS, a Municipal Corporation, for and in <br /> consideratian of Six Hundred Fif(y Dollars ($650.00} and other good and valuable consideration in <br /> hand paid, conveys to GRANTEE the DECATUR MACON COUNTY OPPORTUNITIES <br /> CORPORATI�N, an iilinois Not for Profit Corporation, the reai estate legaily described in Exhibit A <br /> attached hereto and hereby made a part hereof,which is sifuated in the Counfy of Macon, State of <br /> Iliinais,with the foliowing restrictions: <br /> Buyer, its successors and assigns(exciuding Seller},shali:(1) Utilize the premises to house a <br /> not-for-profit corporation operating a multipurpose agency to include a not-for-proftt <br /> cammerciai kitchen for federaliy qualified senior nutrition programs, cammunity services <br /> assisting low income individuais warking towards farnily stability, youth and seniar <br /> services and associated uses, all of which serve at least 51°lo low-to-moderate income <br /> residents as defined by fhe U.S. Department of Housing and Urban Development, or <br /> with fhe prior written cansent of the City, those uses, inciuding but not limited to social <br /> services and residentiat or institutional uses, that are consistent with the national CDBG <br /> objectives; and (2)Upon request allow monitoring of records as may be required by the U.S. <br /> Department of Housing and Urban Development as ailowed under federai law;and(3)fuifill ali <br /> obtigations as estabiished in section three(3)of the Contracf for Sale between buyer and selier <br /> executed on ;and(4)Substantially complete construction af said structure to be <br /> " operated by a not for prafit corporation and used exclusivety for p�oviding services described in <br /> (1)above within one(2)years of the date of ctosing (subject oniy to force majeure delay};and <br /> (4) If Buyer, its successo�s or assigns(except Seiler},faiis to substantially complete said <br /> structure within one(Z)years of the date of clasing o�fulfill alf of the obligations as established <br /> in Section three(3)of said Confract for Sale, Buyer shall be in default and be required to <br /> transfer ownership of the Premises back to Seiler or its assignee. Buyer has executed a <br /> quitciaim deed, conveying Buyer's interest in the Property in fee simple back to the City of <br /> Decatu�.Said deed shaii only be recorded in the event of Buyer's default, and oniy foliowing <br /> reason�bie notice an8 failure to cure,as provided in the defauit paragraph of the contract for <br /> sale. if Buyer defaults and is required fo transfer the Premises to Selier, Buyer shall be <br /> responsible for any and all costs associated with the transfer,inciuding transfer taxes, recording <br /> fees,clasing costs,due and unpaid real estate taxes,and ail costs associated with remediating <br /> any changes or improvements made to the Premises by Seller,its successors and assigns as <br /> 1 <br />