Laserfiche WebLink
that park dedication fees in the amount of$ and utility connection fees in <br /> the amount of$ otherwise payable with respect to the Development are <br /> deferred and shall be payable only in the event that the Developer violates the Senior <br /> Housing Restriction set forth in Section 2.1(f). In that event such fees shall be <br /> immediately due and payable together with interest on the deferred amounts <br /> computed at the rate of 7.00%per annum from the date hereof. <br /> Section 3.3. Conveyance of Development Property: Execution of Ground <br /> Lease. On or prior to , 2001 Dunbar shall convey fee title to the <br /> Development Property to the Developer, subject only to Permitted Encumbrances. <br /> [The balance of this page intentionally left blank.] <br />