1977-05-02 Regular Meeting - Laserfiche WebLink

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• -4- • Policy as hereinabove provided; or should GRANTOR fail to comply with any other provisions hereof, GRANTEE may, in such event, at its option, terminate this contract and receive back from GRANTOR the option money paid by it, or GRANTEE may waive any such failure and enforce specific performance. VII. In the event this Option is exercised and the GRANTOR is unable to furnish to GRANTEE the Owner's Title Policy provided for in Paragraph IV hereof, then in that event the option money, receipted for herein, shall be returned to GRANTEE, and both parties shall be released herefrom; except, that GRANTOR shall use its best efforts to furnish such title policy, and GRANTEE • may waive any objection, if any, to the title, and close the transaction. In the event title is good and the title policy mentioned herein may be furnished, and GRANTEE refuses to consummate the purchase of the subject property under the terms and conditions herein set out, then in that event GRANTOR shall have the right of specific performance. In the event title is good and the title policy mentioned herein may be furnished, or in the event GRANTEE waives any objection, and GRANTOR refuses to convey the subject property under the terms and conditions herein set out, then in that event GRANTEE shall have the right of specific performance. VIII. • Each party certifies to the other that there is no real estate broker or agent involved in this transaction. IX. This Contract embraces the full agreement between the Parties hereto and no statement, remark, agreement or under- standing, oral or written, not contained herein, will be recognized or enforced.