Developer’s Documents. At the Closing, the Developer shall execute, where appropriate, and deliver all of the following “Developer’s Documents”: (a) A limited warranty deed, conveying marketable title to the Sale Property to the City, properly executed on behalf of the Developer, subject to matters of public record disclosed by the title commitment obtained by the City pursuant to Section 3.6 and not objected to by the City. (b) The Access and Parking Easement; (c) An affidavit of Developer regarding liens, judgments, tax liens, bankruptcies, parties in possession, survey and mechanics’ or materialmen’s liens and other matters affecting title to the Sale Property and/or as may be reasonably required by Title Company to delete the so-called “standard exceptions” from the title insurance policy.
Appears in 2 contracts
Sources: Purchase and Development Agreement, Purchase and Development Agreement