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<br />https://www.ctmecontracts.com/eContracts/m eCON/Contracts/Listin.
<br />8.1.6. Existing Abstracts of Title. Seller must deliver to Buyer copies of any abstracts of title
<br />covering all or any portion of the Property (Abstract of Title) in Seller's possession on or before Record Title
<br />Deadline.
<br />8.2. Record Title. Buyer has the right to review and object to the Abstract of Title or Title
<br />Commitment and any of the Title Documents as set forth in § 8.4 (Right to Object to Title, Resolution) on or
<br />before Record Title Objection Deadline. Buyer's objection may be based on any unsatisfactory form or content
<br />of Title Commitment or Abstract of Title, notwithstanding § 13, or any other unsatisfactory title condition, in
<br />Buyer's sole subjective discretion. If the Abstract of Title, Title Commitment or Title Documents are not received
<br />by Buyer on or before the Record Title Deadline, or if there is an endorsement to the Title Commitment that
<br />adds a new Exception to title, a copy of the new Exception to title and the modified Title Commitment will be
<br />delivered to Buyer. Buyer has until the earlier of Closing or ten days after receipt of such documents by Buyer to
<br />review and object to: (1) any required Title Document not timely received by Buyer, (2) any change to the
<br />Abstract of Title, Title Commitment or Title Documents, or (3) any endorsement to the Title Commitment. If Seller
<br />receives Buyer's Notice to Terminate or Notice of Title Objection, pursuant to this § 8.2 (Record Title), any title
<br />objection by Buyer is governed by the provisions set forth in § 8.4 (Right to Object to Title, Resolution). If Seller
<br />has fulfilled all Seller's obligations, if any, to deliver to Buyer all documents required by § 8.1 (Evidence of Record
<br />Title) and Seller does not receive Buyer's Notice to Terminate or Notice of Title Objection by the applicable
<br />deadline specified above, Buyer accepts the condition of title as disclosed by the Abstract of Title, Title
<br />Commitment and Title Documents as satisfactory.
<br />8.3. Off -Record Title. Seller must deliver to Buyer, on or before Off -Record Title Deadline, true
<br />copies of all existing surveys in Seller's possession pertaining to the Property and must disclose to Buyer all
<br />easements, liens (including, without limitation, governmental improvements approved, but not yet installed) or
<br />other title matters (including, without limitation, rights of first refusal and options) not shown by public records, of
<br />which Seller has actual knowledge (Off -Record Matters). Buyer has the right to inspect the Property to
<br />investigate if any third party has any right in the Property not shown by public records (e.g., unrecorded
<br />easement, boundary line discrepancy or water rights). Buyer's Notice to Terminate or Notice of Title Objection of
<br />any unsatisfactory condition (whether disclosed by Seller or revealed by such inspection, notwithstanding § 8.2
<br />and § 13), in Buyer's sole subjective discretion, must be received by Seller on or before Off -Record Title
<br />Objection Deadline. If an Off -Record Matter is received by Buyer after the Off -Record Title Deadline, Buyer
<br />has until the earlier of Closing or ten days after receipt by Buyer to review and object to such Off -Record Matter.
<br />If Seller receives Buyer's Notice to Terminate or Notice of Title Objection pursuant to this § 8.3 (Off -Record
<br />Title), any title objection by Buyer and this Contract are governed by the provisions set forth in § 8.4 (Right to
<br />Object to Title, Resolution). If Seller does not receive Buyer's Notice to Terminate or Notice of Title Objection by
<br />the applicable deadline specified above, Buyer accepts title subject to such rights, if any, of third parties of which
<br />Buyer has actual knowledge.
<br />8.4. Right to Object to Title, Resolution. Buyer's right to object to any title matters includes, but is
<br />not limited to those matters set forth in §§ 8.2 (Record Title), 8.3 (Off -Record Title) and 13 (Transfer of Title), in
<br />Buyer's sole subjective discretion. If Buyer objects to any title matter, on or before the applicable deadline, Buyer
<br />has the following options:
<br />8.4.1. Title Objection, Resolution. If Seller receives Buyer's written notice objecting to any
<br />title matter (Notice of Title Objection) on or before the applicable deadline, and if Buyer and Seller have not
<br />agreed to a written settlement thereof on or before Title Resolution Deadline, this Contract will terminate on
<br />the expiration of Title Resolution Deadline, unless Seller receives Buyer's written withdrawal of Buyer's Notice
<br />of Title Objection (i.e., Buyer's written notice to waive objection to such items and waives the Right to Terminate
<br />for that reason), on or before expiration of Title Resolution Deadline. If either the Record Title Deadline or the
<br />Off -Record Title Deadline, or both, are extended to the earlier of Closing or ten days after receipt of the
<br />applicable documents by Buyer, pursuant to § 8.2 (Record Title) or § 8.3 (Off -Record Title), the Title Resolution
<br />Deadline also will be automatically extended to the earlier of Closing or fifteen days after Buyer's receipt of the
<br />applicable documents; or
<br />8.4.2. Title Objection, Right to Terminate. Buyer may exercise the Right to Terminate under
<br />§ 25.1, on or before the applicable deadline, based on any unsatisfactory title matter, in Buyer's sole subjective
<br />discretion.
<br />8.5. Special Taxing Districts. SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL
<br />OBLIGATION INDEBTEDNESS THAT IS PAID BY REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON
<br />THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS. PROPERTY OWNERS IN SUCH DISTRICTS MAY BE
<br />PLACED AT RISK FOR INCREASED MILL LEVIES AND TAX TO SUPPORT THE SERVICING OF SUCH
<br />DEBT WHERE CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT TO
<br />DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES. BUYERS SHOULD
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