Agenda - Council - 04/14/2015 - Laserfiche WebLink

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representative by certified U.S. Mail a notice of election to rescind, setting forth the reasons or, which such election is based. 12. Assignment. Neither party shall, prior to the Closing, sell, assign, or transfer this Agreement or any interest herein or any interest in the subject Re& Estate without the written consent ofthc other patty. 13. Remedies of the Parties. A. If Seller fails to timely perform this Agreement, all payments made hereunder shall be returners to the Buyer, promptly upon demand. Buyer and Seller shall each be entitled to utilize any and all other remedies available at law or in equity for breach of this Agreement, 14, Binding Effect. This Purchase Agreement shall be binding. upon the undersigned, their heirs, legal rcpresentativt:N successors and assigns, according to the terms hereof. E. 5. Time of the Essence. Time is of the essence in this Agreement. 16. Construction. In the construction of this Agreement, use of the singular shall include the plural, use of the plural shall include the singular, and the use of the neuter or any gender identifying Fords and phrases shall be deerncct to include either or both genders, according to context. 17. Exclusive Agreement. The Buyer and Seller agree that all understandings and agreements hereto had between them are merged in this Agreement, r. ]ik h alone fully and completely expresses their agreement, and that this Agreement is entered into ager full investigation, neither Buyer nor Seller relying upon any statement or representation not embodied in this Agreement by the other.. 18. Amendments. This Purchase Agreement may not be chanted orally, but only by, agreement in writing, duly executed by ar on behalf cfthe party(ies) against whom enforcement of any waiver, change, modification, consent or discharge is sought. 19. Adjacent Property. The obligations of the Buyer under this Purchase Agreement are contingent upon the Buyer's contemporaneous closing on contract(s) to acquire one or more properties owned by a third party or pasties adjoining the Real Estate and/or easement rights over one or rniore such properties adjoining the Real Estate. D YES 1 NO 20. Additional Provisions. The additional provisions set forth an the Addendum attached Thereto (if any) are an integral part el`this Agreement. An Addendum is Attached: YES in NO This Agreement has been completed by the Buyer and presented to the Seller this oilf day of nee ,2014. -5-