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. , � � <br /> , regulations have been received by OWNERS. OWNERS do not warrant <br /> that the premises comply with city building codes. <br /> e. At closing the OWNERS shall give to CICD valid <br /> assignments of all leases on the premises and prepaid rents shall <br /> be prorated as of the date of closing. Security deposits if any <br /> shall be paid to CICD and CICD shall hold the OWNERS harmless from <br /> any misapplication of the same by CICD. <br /> 10. The option price shall be treated as confidential by <br /> both parties at all times prior to closing. <br /> 11. In the event CICD exercises the option hereunder and <br /> completes the purchase of the above described real estate, CICD <br /> warrants to the OWNERS that CICD will not rent or lease any portion <br /> of the premises or any new improvements on the premises to K' s <br /> Merchandise Mart. CICD further warrants that it will not rent or <br /> lease any portion of the premises or any new improvements on the <br /> premises to a lessee which now or then occupies other premises in <br /> the central business district of Decatur, Illinois unless, it is <br /> necessary to keep a lessee from leaving the central business <br /> district. CICD will only contact such lessee after they have <br /> elected to terminate any existing leases with OWNERS. <br /> 12 . Time is of the essence of this agreement. <br /> IN WITNESS WHEREOF, the parties hereto have caused this Option <br /> Agreement to be executed this l%�' �day of October, 1994 . <br /> Trustees of "Trust A" under the Community Investment <br /> terms and provisions of the Last Corporation of Decatur, <br /> Will and Testament of Alfred Tick, Inc. , a corporation, <br /> deceased, � „ "�' <br /> �� <br /> BY: First of America Trust Company, - � ,' ./. <br /> a corporation, Trustee, BY ✓'L, -- '. /. _ G <br /> �, P esident <br /> BY ' <br /> ATTEST: <br /> First of America Trust Company, an ` <br /> Illinois corporation, formerly Citizens <br /> National Bank of Decatur, as Trustee Sec tary <br /> under the provisions of a trust agreement <br /> dated October 31, 1988, known as Trust <br /> No. 3663, <br /> ,� _� <br /> BY ( �/ -f <br /> -6- <br />