12-17-2002 Council Agenda - Laserfiche WebLink

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of activities of Buyer on property from the date of execution of this Agreement to the date of closing. 17. Minnesota Law. This contract shall be governed by the laws of the State of Minnesota. 18. Well Disclosure. Check one of the following: Seller certifies that Seller does not know of any wells on the described real property. Wells on the subject real property are disclosed by Seller on the attached Well Disclosure form. 19. Individual Sewage Treatment System Disclosure. Check one of the following: Seller certifies that there is no individual sewage treatment system on or serving the property. Individual sewage treatment systems on or serving the property are disclosed by Seller on the attached disclosure statement. 20. Seller's Affidavit. At closing, Seller shall supplement the warranties and representations in this Purchase Agreement by executing and delivering a Minnesota Uniform Conveyancing Blank [Form No. 116 -M, 117 -M, or 118 -M] Affidavit of Seller. 21. Successors and Assigns. This Agreement shall inure to the benefit of and be binding upon Seller and Buyer and their respective heirs, executors, legal representatives, successors and assigns. 22. Voluntary Sale. Seller acknowledges this transaction is occurring on a voluntary basis at the request of the Seller. Seller waives any and all claim against the Buyer which may exist as a result of this transaction, including any associated with the Uniform Acquisition and Relocation Act. 23. Dedication of Right -of -Way. Seller shall dedicate the north thirty (30) feet of this property to the City of Little Canada for public right -of -way purposes prior to the closing of this transaction. Seller shall assume all costs associated with said dedication. 24. Broker's Commission. Seller and Buyer represent and warrant to each other that they have dealt with no brokers, finders, or the like in connection with this transaction, and agree to indemnify each other and to hold each other harmless against all claims, damages, costs or expenses of or for any other such fees or commissions resulting from their actions or agreements regarding the execution or performance of this Agreement, and will pay all costs of defending any action or lawsuit brought to recover any such fees or commissions incurred by the other party, including reasonable attorney's fees. 25. Closing Costs. Seller shall pay all costs associated with closing this transaction. 26. Right of Entry. Seller will grant Buyer right of entry to the property prior to the date of closing after reasonable notice by Buyer to Seller. 27. Construction. No provision of this Agreement shall be construed by any court or other judicial authority against either Seller or Buyer by reason of any such party being deemed to have drafted or structured such -5- 6