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R2009-71 AUTHORIZING TRANSFER OF REAL ESTATE
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R2009-71 AUTHORIZING TRANSFER OF REAL ESTATE
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10/13/2015 2:26:01 PM
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10/13/2015 2:26:00 PM
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Resolution/Ordinance
Res Ord Num
R2009-71
Res Ord Title
AUTHORIZING TRANSFER OF REAL ESTATE - 456 EAST GRAND AVENUE
Approved Date
5/18/2009
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.. . , <br /> . , � <br /> 8. At settlement, SELLER shall deliver to BUYER a quit claim deed, conveying and 'i <br /> relinquishing SELLER'S entire interest in the Property, in such form and together with such <br /> documentation as shall be required for recording said deed. BUYER agrees to pay the cost of <br /> recording with the Recorder of Deeds any documents necessary to complete transfer of <br /> ownership, including lien releases. <br /> 9. SELLER shall be under no obligation to conduct an environmental site audit to <br /> complete this transaction, and to the fullest extent permitted by law, BUYER shall indemnify and <br /> hold the SELLER harmless from any and all claims alleging environmental defects on the <br /> Property. <br /> 10. Notice given or required under this contract must be given in one of the following <br /> forms: <br /> (i) Personally; <br /> (ii) By certified mail, return receipt requested, properly addressed and all charges <br /> prepaid; or, <br /> (iii) By express delivery with charges prepaid and addressed to the appropriate party at <br /> the address set forth below. <br /> Notices shall be deemed to have been received on the date of personal service or the 3rd day <br /> following date postmarked. Notice shall be served upon or addressed to the parties as follows: <br /> TO SELLER: <br /> Greg Crowe, Director <br /> Economic and Urban Development <br /> One Gary K. Anderson Plaza <br /> Decatur, IL 62523 <br /> TO BUYER: <br /> GREEN LIGHT GARDEN PROJECT <br /> c/o CONSUELO CRUZ <br /> 1001 N. BRUSH COLLEGE RD. <br /> DECATUR, IL 62521 <br /> 11. BUYER shall be entitled to possession of the Property on the mutually agreed upon <br /> date of settlement. Settlement shall occur no more than one month after the date of this <br /> agreement. <br />
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