Laserfiche WebLink
<br />7 <br /> <br /> (e) Access. To the best of Sellers’s knowledge, no fact or condition exists which would <br />result in the termination of the current access from the Property to any presently <br />existing streets and roads adjoining or situated on the Property or to any existing <br />sewer or other utility facility servicing adjoining or situated on the Property. <br /> <br /> (f) Hazardous Waste. To the best of Sellers’s knowledge, and except as disclosed in <br />the Sellers’s Documents, the Property is in compliance with all applicable laws, <br />including federal laws, has not been used for storage or dispose of any hazardous <br />or toxic substance, and the property is not in violation of any federal, state, or local <br />statues, ordinances, or regulations concerning the disposal or storage of hazardous <br />or toxic substance. A law as referred to in this Paragraph shall include without <br />limitation the Comprehensive Environmental Response, Compensation Liability <br />Act of 1980, the Superfund Amendment and Reauthorization Act of 1986, the <br />Resource Conservation Recovery Act, the Toxic Substances Control Act, the Clean <br />Water Act, the Clean Air Act, the Safe Drinking Water Act, the Endangered Species <br />Act, the Federal Insecticide, Fungicide and Rodenticide all as amended from time <br />to time. <br /> <br /> (g) Individual Sewage Treatment Systems. There are no individual sewage treatment <br />systems on or serving the Property except as described on the disclosure attached <br />hereto. <br /> <br /> (h) Methamphetamine. To the best of Sellers knowledge, no methamphetamine <br />production has occurred on the Property. <br /> <br />Sellers shall indemnify Buyer, its successors and assigns, against, and shall hold Buyer, its <br />successors and assigns, harmless from, any expenses or damages, including reasonable attorneys' <br />fees, that Buyer incurs because of the breach of any of the above representations and warranties, <br />whether such breach is discovered before or after Closing. Each of the representations and <br />warranties herein contained shall survive the Closing for a period of one (1) year. Wherever <br />herein a representation is made to "the best knowledge of Sellers", such representation is limited <br />to the knowledge of Sellers. <br /> <br /> 12. Representations and Warranties by Buyer. Buyer represents and warrants to <br />Sellers, that Buyer are duly organized as a municipal corporation under the laws of the State of <br />Minnesota; that Buyer is duly qualified to transact business in the State of Minnesota; that Buyer <br />has the requisite of power and authority to enter into this Agreement and the Buyer's Closing <br />Documents signed by it; such documents have been duly authorized by all necessary action on the <br />part of Buyer and have been duly executed and delivered; that the execution, delivery and <br />performance by Buyer of such documents do not conflict with or result in violation of Minnesota <br />Statutes, or any judgment, order or decree of any court or arbiter to which Buyer is a party; such <br />documents are valid and binding obligations of Buyer, and are enforceable in accordance with <br />their terms. Buyer shall indemnify Sellers, its successors and assigns, against, and shall hold <br />Sellers, its successors and assigns, harmless from, any expenses or damages, including reasonable <br />attorneys' fees, that Sellers incur because of the breach of any of the above representations and <br />warranties, whether such breach is discovered before or after closing. Consummation of this