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Item A: Beam Development Purchase and Sale Agreement Terms
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Item A: Beam Development Purchase and Sale Agreement Terms
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6/9/2010 12:58:26 PM
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5/16/2008 4:10:40 PM
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Agenda Item Summary
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5/21/2008
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BC <br />21.7 . Neither Seller nor Buyer is represented in this <br />ROKER OMMISSIONS <br />transaction by a realtor. Each of the parties represents and warrants to the other that no <br />other commission or fee is due in connection with the transactions contemplated by this <br />Agreement. Each party agrees to indemnify, defend and hold harmless the other party <br />against any loss, liability, damage, cost, claim or expense, including interest, penalties <br />and reasonable attorneys’ fees that the other party shall incur or suffer by reason or a <br />breach of the representation and warranty in this Section 20.7. <br /> <br />AA. <br /> 21.8 Where approvals of Agency are required, Agency will <br />GENCY PPROVALS <br />approve or disapprove within ten (10) days after receipt of the material to be approved, <br />except where a longer or shorter time period is specifically provided to the contrary. <br />Approvals will not be unreasonably withheld, except where rights of approval are <br />expressly reserved to Agency’s sole discretion in this Agreement. Unless specified to the <br />contrary, whenever consent or approval by Agency is required, all such consents or <br />approvals shall be given in writing from the Director of Agency. <br /> <br />S. <br /> 21.9 All provisions, covenants and warranties hereunder shall survive <br />URVIVAL <br />execution, delivery and termination of this Agreement and the Deed to the extent <br />necessary to carry out their reasonably intended effects. Such provisions, covenants and <br />warranties shall not merge with the Deed. <br /> <br />RSD. <br />21.10 THEPROPERTYDESCRIBEDINTHIS <br />EQUIRED TATUTORY ISCLOSURE <br />INSTRUMENTMAYNOTBEWITHINAFIREPROTECTIONDISTRICT <br /> <br />PROTECTINGSTRUCTURES.THEPROPERTYISSUBJECTTOLANDUSELAWS <br /> <br />ANDREGULATIONSTHAT,INFARMORFORESTZONES,MAYNOT <br /> <br />AUTHORIZECONSTRUCTIONORSITINGOFARESIDENCEANDTHATLIMIT <br /> <br />LAWSUITSAGAINSTFARMINGORFORESTPRACTICES,ASDEFINEDINORS <br /> <br />30.930,INALLZONES.BEFORESIGNINGORACCEPTINGTHISINSTRUMENT, <br /> <br />THEPERSONTRANSFERRINGFEETITLESHOULDINQUIREABOUTTHE <br /> <br />PERSON’SRIGHTS,IFANY,UNDERORS195.300,195.301195.305TO195.336 <br /> AND <br />ANDSECTIONS5TO11,CHAPTER424,OREGONLAWS2007BEFORESIGNING <br /> <br />ORACCEPTINGTHISINSTRUMENT,THEPERSONACQUIRINGFEETITLETO <br /> <br />THEPROPERTYSHOULDCHECKWITHTHEAPPROPRIATECITYORCOUNTY <br /> <br />PLANNINGDEPARTMENTTOVERIFYTHATTHEUNITOFLANDBEING <br /> <br />TRANSFERREDISALAWFULLYESTABLISHEDLOTORPARCEL,ASDEFINED <br /> <br />INORS92.010OR215.010,TOVERIFYTHEAPPROVEDUSESOFTHELOTOR <br /> <br />PARCEL,TOVERIFYTHEEXISTENCEOFFIREPROTECTIONFOR <br /> <br />STRUCTURESANDTOINQUIREABOUTTHERIGHTSOFNEIGHBORING <br /> <br />PROPERTYOWNERS,IFANY,UNDERORS195.300,195.301195.305TO <br /> AND <br />195.336ANDSECTIONS5TO11,CHAPTER424,OREGONLAWS2007. <br /> <br /> <br />SNRL.UNDEROREGONLAW,MOST <br />21.11 <br />TATUTORY OTICE EGARDING OANS <br />AGREEMENTS,PROMISESANDCOMMITMENTSMADEBYALENDER, <br /> <br />CONCERNINGLOANSANDOTHERCREDITEXTENSIONS,WHICHARE <br /> <br />NOTFORPERSONAL,FAMILYORHOUSEHOLDPURPOSESORSECURED <br /> <br />Page 25 - PURCHASE AND SALE AGREEMENT – DRAFT #3 (20 May 2008) <br /> <br />
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