o_1937aahn31ruc1bt9ajr12u811a.pdf

(f)
(g)
(h)
(i)
(j)
(k)
27 FENCES
27.1 Costs
this Contract binds and enures for the benefit of successors and
permitted transferees or assigns of the parties;
headings or margin notes in this document are for ease of reference
only and do not affect the meaning or interpretation of this Contract;
a reference to any statutory enactment or any law includes that
statutory enactment or law as amended, re-enacted or replaced from
time to time and all rules regulations or other subordinate legislation
made under that statute;
if the day on or by which anything is to be done is not a Business Day
then that thing must be done on or by the next Business Day;
where any time period is to be calculated from a specified date, that
date must be included in the calculation;
it is not necessary for the Vendor to incur any expense or make any
payment before enforcing a right of indemnity;
the provisions of this Contract cannot be varied except by a subsequent
document executed by the parties or their solicitors expressed to vary or be
made in substitution for this Contract.
The Purchaser undertakes not to seek contribution from and to indemnify and keep
indemnified the Vendor in respect of payment for any claim for contribution to the
cost of the construction of any fence or wall on any adjacent property of which the
Vendor is the proprietor.
27.2 On sale
The Purchaser covenants with the Vendor not to sell or transfer or purport to sell or
transfer the Property to any other person without requiring that person to be bound
by the obligations placed upon the Purchaser by this Special Condition.
27.3 Special conditions to continue
This Special Condition shall continue for the benefit of the Vendor and shall remain
binding upon the Purchaser notwithstanding settlement.
28 RELEASE OF CHARGES
(a)
(b)
(c)
This Special Condition applies if any Release of security interest to which the
Personal Property Securities Act 2009 (Cth) applies.
The Vendor shall not be required to give an amendment demand to any
secured party in relation to a security interest in the Land.
Notwithstanding anything else contained in General Condition 7, a release,
a statement in writing or written approval or correction setting out the
amount or obligation that is secured is nil at the due date for Settlement,
will not be provided at Settlement in respect of any security interests which
do not affect the Property, or where a mortgagee holds a security interest
in addition to its mortgage.
2140857_001.docx