09-13-2000 Council Agenda - Laserfiche WebLink

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VoiUL /UU 1U:5I rAA U01 2:O OVDO LI.LZ.LZ ' a.az In .✓JlUO /111 b. There are no unrecorded interests in or rights to possession of the Property, except the unrecorded owners Robert and Darlene Mogren and Gerald and Arlene Mogren, and except those rights which would be disclosed by a survey. c. That all leases, service, supply, management or commission agreements and any agreements with tenants or third parties regarding the Property, including a written summary of any such oral agreements, has been or will be provided to Purchaser within five (5) days after full execution of this Purchase Agreement. If any such agreements exist, Seller warrants that it will have terminated any such agreement on or before the date of closing. d. That all permit and licensing fees due and payable prior to the date of closing shall have been paid to said date. e. To the best of Seller's knowledge no suit, action, arbitration or other proceeding or investigation is pending or, to Seller's knowledge, threatened against or affecting the Property. f. That all improvements upon the Property are located entirely within the boundary lines of the Property. g• That all personal property of the Seller not included under the terms of this Purchase Agreement shall be removed from the Property by Seller prior to closing. All debris, if any, shall be removed from the Property at Seller's expense prior to closing. 12, Survey. Purchaser shall be allowed forthwith to obtain, at Purchaser's expense, an accurate survey of the Property certified to Purchaser and Seller and any lender and/or title company designated by Purchaser as of a current date prepared by a Registered Land Surveyor acceptable to Purchaser showing access, the location ofall easements, buildings, improvements and encroachments, utilities and applicable setbacks, together with the legal description. Purchaser shall have the right to make written objections to title based upon said survey within ten (10) days after delivery thereof. Any objection to title based upon survey shall be treated in the same manner as objections to title based upon the Abstract of Title or Registered Property Abstract to be delivered pursuant to this Purchase Agreement. 13. Examination of Title. Within a reasonable time after the acceptance of this Agreement, Seller shall furnish Purchaser with an Abstract of Title or a Registered Property Abstract certified to date, including proper searches covering bankruptcies and State and Federal judgments, liens, and levied and pending special assessments or, in the event that an Abstract of Title is not available, Seller may furnish Purchaser with a Commitment for Title Insurance. Purchaser shall have ten (10) days after receipt of' the Abstract of Title or Registered Property Abstract or the [ F, K1cy, O a W395 # 1.07.:7.07] 4 Page 33