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<br /> <br />83- 002842 <br /> <br />property or other claim or claims against Buyer that <br />'io/'Ould interfere with or affect the Property or Buyeris <br />.ability to carry out the terms, covenants and conoi- <br />'tions contained in this Agreement; <br /> <br />(d) This Agreement has been duly executed by <br />lBuyer and constitutes a valid, legal and binding <br />j~bl i911tion of Buyer and is enforceable in accordance <br />with its terms. <br /> <br />ARTICLE: VI: 'fITLE INSURANCE <br /> <br />delivery from Seller to Buyer of the warranty deed <br />referred tQ in Article II of the Agreement, Seller Shall furnish <br />to Buy,er, at Seller's expense, a policy of title insurance, in <br />standard coverage form, in the amount of the Purchase price <br />insur in fee marketable title subject only to (a) <br />iot.ed and ions which do not t'ender title <br />l.lnmarx'et , and (b; ions as may have accrued by or <br />the act or neglect of <br /> <br /> <br /> <br />7.1 way of illustration and not <br />Hmlta.t ion, jog events shall be deemed to <br />constitute an event of default under tbis <br /> <br />a I Faihn~e to f>a.y the Purchase Price and all <br />inten.H'ilt thereon .ill\; r~lJired under Article! of this <br /> <br />(0 Breach of ,lny covenant, tern, condit.ion, <br />..'arranty ()It:" r<epresel1ta.tl0tl cont,aioed in this "greement: <br /> <br />{c '!tle HI or <br />voluntary or involuntary petition under any <br />, readjustment of debt, insolvency or <br />!"loratorium 1 a...... or any other law or laws for the rel ief <br />()<I:: ni: IHH1q d\t'!K)tor., in Jurisdiction. whether <br />now or hereafter n effeet. or filin, of any <br />petition Ot" the ~mtt'y Olt r.nderi t)f any order, <br />Dr decr.. the 11 of the petition <br />any such inqs, or 'he of any <br />n.H~eiver. l.. idatoiC, ;UlS . trust ee, sequestrator <br />Cor other eimilar official of or of any 8ubstBo- <br />t;,ia:l pa:.rt of t.hf~ iea or asseta of .~ or the <br />Qr render order, j OX:- <br />or Dr the <br />the fto! creditors; <br /> <br /> <br /> <br />. <br />.....- ''! ,- <br /> <br /> <br /> <br />I <br />.--1 <br /> <br />