02-23-2000 Council Agenda - Laserfiche WebLink

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16. Notice. Any notice required or permitted by this Purchase Agreement or the purchase money mortgage shall be considered to have been given and received if personally delivered to the parties or their agents personally or deposited in the United States mail postage prepaid by certified or registered mail addressed to the parties at the following addresses: Seller: Purchaser: Richard J. Schreier 2125 DeSoto Street Saint Paul, MN 55117 City of Little Canada Attn: City Administrator 515 Little Canada Road East Little Canada, MN 55117 17. Destruction. In the event the property is destroyed or substantially damaged, Seller shall assign to Purchaser Seller's right, title and interest in and to all insurance proceeds or award resulting from such destruction or taking. 18. Possession. Possession of the Property shall be granted by Seller to Purchaser at the date of closing. 19. Closing. The closing shall take place at the offices of C.I. Title, Inc. on or before July 1, 2000, unless otherwise agreed by Purchaser and Seller. At closing, Seller shall deliver to Purchaser, at Seller's expense, the documents specified in paragraph 5 of this Agreement. 20. Indemnification. Seller agrees to indemnify and hold Purchaser, its successors and assigns, harmless of and from any and all liabilities, claims, causes of action, penalties, demands and expenses of any kind or nature whatsoever (except those items which by this Agreement specifically become the obligation of Purchaser) arising out of, resulting from, relating to, or incident to the property up to and including the date of closing or which are in any way related to the ownership, maintenance or operation of the property, and all expenses related thereof, including, without limitation, court costs and attorneys' fees, except to the extent caused by an act or omission of Purchaser, its agents, employees or contractors. Purchaser agrees to indemnify and hold Seller, its successors and assigns, harmless of and from any and all liabilities, claims, causes of action, penalties, demands and expenses of any kind or nature whatsoever (except those items which by this Agreement specifically become the obligation of the Seller) arising out of activities of Purchaser, including its successors and assigns, on Property from the date of execution of this Agreement to the date of closing. 21. Well Disclosure. Check one of the following: x Seller certifies that Seller does not know of any wells on the Property. Wells on the Property are disclosed by Seller on the attached Well Disclosure form. Page 106