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Section 14. Time Ts oF d-e Ess~nce <br />Time is of the essence of this AgreemenE. <br />Section 15. Authority to Execnte <br />Each person executing this Agreemenc on behalf of Owner and Optionee, respecti~ely, <br />warrants his or her authority to do so. <br />Scction 16. Statntory Disclaimei' <br />THIS INSTRUMENT WII-I- NOT ALLOW USE OF THEPROPERTY DESCRiBED IN THIS <br />II~TgTRUMENT IN VIOLA?ION OF APPLICABLB LAND USE LAwS AND REGULATIONS. <br />BEFORE SIGNING OR ACCEP"I~TG THIS INSTRUMENT, Tf~iE PERSON ACQUFRING FEE <br />TiTI.E ?O T'~~ PROPER?Y SHOULD CHECK WTI'fi THE APPROPRIATE CITY O NY L1M~rS <br />PLANN]NG DF~ARTN~NT'I'O 'VERIF7C APPROVED USES AND T'~ D~ <br />ON LAwSUTTS AGAINST FARMIl~G OR FOREST PRACTiCES AS DEFn~TED Ils oRS 30_93a. <br />Execnted on the day and year first above wriucn_ <br />Optionee: <br />Salem Ares Mass Transit District Approved as to legal foc~c: <br />Legal Counsel, Salem Area Mass Transit District <br />Owner. <br />Marion County <br />a~~~~~ <br />Approved as to legal form: <br />Legal Counsel, Mation County <br />Option Agreement <br />Page - 4 <br />