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to. Redevelo.per .- HRA may in. its- sole discretion, choose to • <br /> appeal any. judgment denying 'a petition. If the interests in <br /> the Redevelopment Property for which a petition was denied are <br /> acquired by -HRA- pr.ior to termination of thi's Agreement, then <br /> HRA shall convey such interests to Redeveloper, subject ,to <br /> performance by Redeveloper of all of its obligations which are <br /> conditions to. such conveyance. <br /> Section 3 .4 Ti le. Prior to acquisition of the <br /> Redevelopment Property by the -HRA, the Redeveloper shall obtain <br /> a commitment- for title insurance covering the Redevelopment <br /> Property and- naming the HRA -and Developer as insureds . Within - <br /> 10 days after receipt of the commitment by Redeveloper, <br /> Redeveloper shall make any objections to title in writing or <br /> the objections will be deemed waived. If objections are so <br /> made, HRA shall be allowed 120 days to have the title made <br /> marketable. Pending correction of title, acquisition of the <br /> property by the HRA and the payments required hereunder from <br /> Redeveloper shall be. ,postponed, but upon correction of title <br /> and within 10 days .after written notice to Redeveloper, this <br /> Agreement shall be performed according to its terms . If a <br /> title insurance policy is issued, Redeveloper shall pay all <br /> premiums and other -coasts thereof except the cost of any premium <br /> attributable to title insurance for the benefit of the HRA in <br /> excess of $700,000.. <br /> Section 3 . 5. Time of Conveyance . <br /> • <br /> (a) Subject to satisfaction of all of the terms and <br /> conditions of this Agreement , HRA shall execute and deliver to <br /> Redeveloper a Deed' for the Redevelopment Property on ' the date <br /> title has vested in HRA, or on such other date as HRA and <br /> Redeveloper mutually agree upon in writing . Redeveloper shall <br /> pay the Purchase Price and accept the Deed within 30 days after <br /> receipt of a notice from HRA. <br /> (b) Redeveloper shall take possession of the <br /> Redevelopment Property in an "as is" condition on the day of <br /> execution and delivery of the Deed. <br /> (c) Unless otherwise agreed, delivery of the Deed and <br /> payment of the Purchase Price shall be made at the principal <br /> office of the HRA' s attorneys . <br /> (d) The Deed shall be in recordable form and shall be <br /> promptly recorded �at Redeveloper ' s expense. <br /> (e) At the time of the delivery of the Deed, - the <br /> Redeveloper and the HRA shall execute and deliver the <br /> Assessment - Agreement . Prior to, execution and delivery of the <br /> • <br /> -8- <br />