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23. W.,AW.E.R.. Failure of Seller or Buyer o insist upon the peribrinanf:.0 orally oldie
<br />covenants, agreements, aid/or conditions of this Agreement or to e.x.creise .any right or
<br />privilege, .herein shail not he deemed a waiver of any such covenant,condition or right.
<br />24. Str,R.V1.8/A.11..... OF l'ERMS ClON"D.I.TIONS. '.1.lie terms and conditicats,orii
<br />.Agreement shall survive arid be. in full firree and effect alter the (it:livery oldie deed, rand
<br />shali .tu..)t be .deemed t illerged
<br />25, S,EVER„A,:1311,1„,11,TY„ Each prk)vision of this Agreement shrill apply to tile! extent peraritted
<br />byapplicable law .tind. is. intentledto be several)ie. If any provision is illegal or itivalid fb1;
<br />any reason w.hatsocvcr. such illegality or invalidity shall .not .irlfect, the legality or validity
<br />of the remainder of die A,greetnent.
<br />.26. it...:!ONS'...P.R.I.J(.7.1111(.31,N, '.1be .Parfies aeltuowledge that. this Agreement was initially
<br />prepared by Seller solely as El CO1Welli.ellee Elild that ail Parties and their counsei hereto
<br />have read and full negotiatedall the language usedin. this .Agreement. The "'allies
<br />ack.nowkalge that because. al.IPIarties aud their counsel participated in negotiating a:Ind
<br />drafting this Agrecontent, no rule of construction shall apply tia this Agreement to construe
<br />ambiguous or unclear language in .favor of .or ,a,g;a.inst. any Party.
<br />27. (......OUNTER,PAR'IS;111GITAll,... COPIES. 'this Agreement tnay be executed in any
<br />niiiulier of counterparts and the signature pages of the separate eotin terpar tS contbined
<br />into n single copy of."' this Agreement which will then e0,11.Stiiille a .fully executed verskm
<br />olthis ,A greemcat. A, facsimile, .pc,11 file or digita„I copy of ,a signed counterpart or .o„f an
<br />.assembhige trf counterparts of this .Agteement shall be deemed to be an original thereo.f.
<br />,PER1011..)4. The time lOrperfOrmEince of any obligation or taking any action
<br />under this A,greement shall be deemed to expire al. 5:00 pnit..t,,,entra 1 Time on the last day
<br />of the applie able tine period provided ..for in this .Agree.ment. 1 f the time .1(...)r the
<br />purtOrmanee of any o.biigation or taking any action under this ,Agrceinent, expires tut Et
<br />Saturday. Sunday or legal holiday, the time let pen hwro once or taking such .action shall be
<br />extended to the next succeeding day 1ieI is nut a Saturday, Sunday Or
<br />29. CONSTRIUCPION VEAVI JNE. Buyer shall obtain certificates of occupancy for the
<br />construction. of !I've (5) single family homes purs1111111. 1.0 1.11e .101101iVilig schedule:
<br />C',:onsurietien Deadline Seined ale:
<br />Twe (2).cenfiticates of occupancy by December .3 I 20'09
<br />Iltrec (3) additiolia I certificates of occupancy by I.)ecornber 31, 2020
<br />Closing, a "Right of R,c-t ntry Agreement" must be executed ancl recorded to the
<br />.P.roperty tiro vid ing that, in the event any of the .above deadlines are not met„, Seiler has
<br />the rigid to ecla i in title to die parcels .for which certificates of t..)iiCE1pancy have not been
<br />obtained, or in the alternative, :and 'at Sol ier's sole Buyer shall pay Seller
<br />$5,000 fOr each certificate of occupancy that is not obtained pursuant to the deadlines set
<br />ftgth above.
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