My WebLink
|
Help
|
About
|
Sign Out
Browse
202208480
LFImages
>
Deeds
>
Deeds By Year
>
2022
>
202208480
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
12/9/2022 4:20:59 PM
Creation date
12/9/2022 4:20:27 PM
Metadata
Fields
Template:
DEEDS
Inst Number
202208480
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
31
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
202208480 <br />Agreement are imposed upon and made applicable to the Project and shall run with <br />the Project Site and shall be enforceable against the Owner and each purchaser, <br />grantee, owner or lessee of the Project or any portion thereof or interest therein, at <br />any time and from time to time, and the respective heirs, legal representatives, <br />successors and assigns of the Owner and each such purchaser, grantee, owner or <br />lessee. No delay in enforcing the provisions of this Agreement as to any breach or <br />violation shall impair, damage or waive the right of any party entitled to enforce the <br />same or obtain relief against or recover for the continuation or repetition of such <br />breach or violation of any similar breach or violation thereof at any later time or <br />times. In addition, if any violation of this Agreement is not corrected on a timely <br />basis, the Authority may impose quarterly reporting responsibilities pertaining to <br />such matters as the Authority deems reasonable upon the Owner. Failure by the <br />Owner to comply with any such reporting responsibilities shall constitute a violation <br />of this Agreement. <br />Section 10. Amendment; Termination. Except as set forth in Section 2(e) <br />hereof, the provisions of this Agreement shall not be amended, revised or <br />terminated (except as provided in Sections 5 and 7 of this Agreement) prior to the <br />stated term hereof except by an instrument in writing duly executed by the <br />Authority and the Owner (or its successors in title) and duly recorded. The <br />Authority's consent to any such amendment, revision or termination, other than a <br />termination pursuant to Section 5 of this Agreement, shall be given only if (a) there <br />shall be attached to the document evidencing such amendment, revision or <br />termination an opinion of Owner's counsel satisfactory to the Authority that such <br />amendment, revision or termination will not result in noncompliance of the Project <br />or the Owner with Section 42 of the Code or (b) evidence satisfactory to the <br />Authority has been submitted to the Authority demonstrating that there has <br />occurred an involuntary noncompliance caused by fire, seizure, requisition, change <br />in federal law, action of a federal agency which prevents the Authority from <br />enforcing this Agreement or condemnation or similar event. Notwithstanding the <br />foregoing, this Agreement shall not terminate by reason of the aforementioned <br />foreclosure, transfer of title by deed in lieu of foreclosure or other similar event if <br />the Owner or any related person or any person with whom the Owner has had family <br />or business ties obtains an ownership interest in the Project for federal tax purposes <br />during the period in which the restrictions of this Agreement are or would be in <br />effect. <br />Section 11. No Conflict With Other Documents. The Owner represents, <br />warrants, and covenants that it has not executed and will not execute any other <br />agreement with provisions contradictory to, or in opposition to, the provisions of <br />18 <br />Final 12/21 <br />
The URL can be used to link to this page
Your browser does not support the video tag.