Purchase And Sale Agreement (Page 6 of 7) in pdf

Purchase And Sale Agreement Page 6

8.12

Invalidity of Provisions. In the event any provision of this Agreement, or any

instrument to be delivered by Purchaser at Closing pursuant to this Agreement, is declared invalid or

is unenforceable for any reason, such provision shall be deleted from such document and shall not

invalidate any other provision contained in the document.

THE PROPERTY DESCRIBED IN THIS INSTRUMENT MAY NOT BE WITHIN A FIRE

PROTECTION DISTRICT PROTECTING STRUCTURES. THE PROPERTY IS SUBJECT

TO LAND USE LAWS AND REGULATIONS, WHICH, IN FARM OR FOREST ZONES,

MAY NOT AUTHORIZE CONSTRUCTION OR SITING OF A RESIDENCE AND WHICH

LIMIT LAWSUITS AGAINST FARMING OR FOREST PRACTICES AS DEFINED IN

ORS 30.930 IN ALL ZONES. BEFORE SIGNING OR ACCEPTING THIS INSTRUMENT,

THE PERSON ACQUIRING FEE TITLE TO THE PROPERTY SHOULD CHECK WITH

THE APPROPRIATE CITY OR COUNTY PLANNING DEPARTMENT TO VERIFY

APPROVED. USES AND EXISTENCE OF FIRE PROTECTION FOR STRUCTURES. IF

THE PROPERTY DESCRIBED IN THIS INSTRUMENT IS SUBJECT TO SPECIAL

ASSESSMENT UNDER ORS 358.505, ORS 358.515 REQUIRES NOTIFICATION TO THE

STATE HISTORIC PRESERVATION OFFICER OF THE SALE OR TRANSFER OF THIS

PROPERTY.

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed in

duplicate as of the day and year first above written.

SELLER:

PURCHASER:

LEWIS & CLARK COLLEGE

By:

Name: Thomas J. Hochstettler

Title:

President

By:

Name: Carl B. Vance

Title:

Vice President for Finance and

Treasurer

Purchase And Sale Agreement Page 6