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R89-16 AUTHORZING EXECUTION OF COVENANT - SOUTH FRANKLIN ESTATES
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R89-16 AUTHORZING EXECUTION OF COVENANT - SOUTH FRANKLIN ESTATES
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8/10/2016 11:02:07 AM
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Resolution/Ordinance
Res Ord Num
R89-16
Res Ord Title
AUTHORIZING EXECUTION OF COVENANT - SOUTH FRANKLIN ESTATES
Approved Date
2/6/1989
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R . . <br /> �tf� <br /> 9. In the event that John M. Brinkoetter or Martha M. <br /> Brinkoetter shall fail to pay the amounts required for the first <br /> installment, their failure to do so shall not impair or any way <br /> interfere with the rights of Douglas Polite, Richard Cain, James <br /> Ielase and Associated Anesthesiologists of Decatur Employees <br /> Trust. Likewise, failure of Douglas Polite, Richard Cain, James <br /> Ielase and Associated Anesthesiologists of Decatur Employees <br /> Trust to make payments as required for the second installment, <br /> shall in no way impair the right of John M. Brinkoetter and <br /> Martha M. Brinkoetter to have and hold Lot 1 free and clear of <br /> liens. <br /> 10. In the event that the owners of either of the <br /> respective portions of property described above shall fail to <br /> make payment, the City shall have the right to enforce a lien <br /> upon the premises of the defaulting party, their heirs, <br />� successors and assigns as in tne case of mortgages or mechanic' s <br /> liens. <br /> DATED this _�� day of , 1989. <br /> � <br /> uglas ite <br /> � � _ <br /> Ric ard Cain <br /> � . <br /> James Ielase <br /> ASSOCIATED ANESTHESIOLOGISTS OF <br /> DECATUR EMPLOYEES TRUST, i <br /> B �,�"1''uC.�;,�,. 1.T��'-#'�"a -� _�- ,2/L F��-�"_ <br />, Y <br /> JOHN M. BRINKOETTER and MARTHA M. <br /> BRINKOETTER, <br /> Z-L-- �-������� ... <br /> . � � <br /> John M. Brinkoetter <br /> � �� �� � <br /> Martha M. Brinkoetter <br />
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