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R2002-134 AUTHORIZING PURCHASE OF LAND
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R2002-134 AUTHORIZING PURCHASE OF LAND
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1/15/2016 11:40:18 AM
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Resolution/Ordinance
Res Ord Num
R2002-134
Res Ord Title
AUTHORIZING PURCHASE OF LAND 356-366 NORTH MAIN STREET
Approved Date
7/15/2002
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- 2 - <br /> evidence shall show that there are no financing statements on file <br /> affecting any personal property or fixtures included in the <br /> purchase. Title may be subject to coal and mineral rights if now <br /> reserved or conveyed of record and to all easements and building <br /> and use restrictions now of record which do not restrict reasonable <br /> use. Buyer shall promptly advise Seller of any claimed defects in <br /> title evidence to permit resolution before Settlement . <br /> 2 . Buyer shall pay Seller the balance of the One Hundred <br /> Thousand and no/100 Dollars ($100, 000 . 00) set forth above at <br /> Central Illinois Title, 111 East Main Street, Decatur, Illinois <br /> 62523 on, or upon mutual agreement before, September 16, 2002, <br /> which event is called Settlement. <br /> 3 . At Settlement, Seller shall deliver to Buyer a special <br /> warranty deed to the Premises, subject only to those matters to <br /> which the title ma be sub ' ect as rovided in ara ra h 1 above and <br /> Y 7 P P g P <br /> conveying the benefits of all easements appurtenant of record prior <br /> to the execution of this contract, if any, in such form and <br /> together with such documentation as shall be required for recording <br /> said deed. Seller shall also furnish Buyer, at Settlement, all <br /> documentation necessary to protect Buyer from mechanics' liens . <br /> 4 . At or before Settlement, Seller shall pay or give Buyer <br /> credit for all special assessments now a lien against the Premises <br /> and all water or sewer bills or water main or sewer connection <br /> charges incurred and unpaid as of Settlement. <br />
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