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200501143
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Last modified
10/17/2011 1:58:10 AM
Creation date
10/18/2005 3:12:15 PM
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DEEDS
Inst Number
200501143
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200501143 <br />(b) Nothing herein shall prevent a Party permitting or causing such lien from <br />contesting the validity thereof in any manner such Party chooses so long as such contest <br />is pursued with reasonable diligence and in good faith. If such contest is determined <br />adversely (allowing for appeal to the highest appellate court), such Party shall, within <br />fifteen (15) days after the final determination of such contest, pay in full the required <br />amount, together with any interest, penalties, costs or other charges necessary to release <br />such lien. <br />(c) Notwithstanding the foregoing, upon request of the Party whose Tract is <br />subject to such lien, the Party permitting or causing such lien to be filed shall, within <br />forty -five (45) days after receipt of notice of such filing, cause such lien to be released and <br />discharged of record, either by paying the indebtedness which gave rise to such lien or by <br />posting bond or other security as shall be required by law to obtain such release and <br />discharge, unless such Party delivers to the other an undertaking from a title insurance <br />company to discharge the lien in accordance with Section 3.8(a). <br />ARTICLE 4 <br />DEVELOPMENT OF COMMON AREA <br />4.1 Common Area. The Common Area shall be initially constructed as shown on the <br />SITE PLAN; provided, however, no fence or other barrier which would prevent or unreasonably <br />obstruct the passage of pedestrian or vehicular travel shall be erected or permitted within or across <br />the Common Area, exclusive of (i) the limited curbing and other forms of traffic control depicted on <br />the SITE PLAN and (ii) the permitted staging and /or storage areas. Contemporaneously with the <br />construction of a Building upon its Tract, the constructing Party shall cause the Common Area on <br />its Tract to be substantially completed no later than the day on which the first Occupant of such <br />Tract opens for business with the public. Such work shall be done in a good and workmanlike <br />manner and in accordance with good engineering standards. <br />4.2 Parking Re uirements. <br />(a) The parking area on the Kohl's Tract, on each separate Tract comprising the <br />Developer Tract and on each of the Outlot Tracts shall contain sufficient uncovered ground <br />level, parking spaces in order to comply with the following minimum requirements: <br />(i) five (5.0) parking spaces for each one thousand (1,000) square feet <br />of Floor Area; <br />(ii) if a business use contains a drive -up unit (such as remote banking <br />teller or food ordering /dispensing facility), then there shall also be created space for <br />stacking not less than five (5) automobiles for each drive -up unit; and <br />(iii) for each single Restaurant, then five (5) additional parking spaces <br />for each one thousand (1,000) square feet of Floor Area devoted to such use. <br />(b) If an Occupant operates a Restaurant incidentally to its primary business <br />purpose, then so long as such incidental operation continues, the portion of the Floor Area <br />occupied by such Restaurant shall be excluded from the application of (iii) above. For the <br />GALEGALWORES\NE \GRAND ISLAND \OEA4.WPD <br />11116/04 14 <br />
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