Laserfiche WebLink
unenforceability shall not affect any other provision hereof, and this <br />Agreement shall be construed as if such invalid, illegal, or unenforceable <br />provision had never been contained herein. <br />(k) Survival. All of the terms of this Agreement and warranties and <br />representations herein contained shall survive and be enforceable after <br />the closing. <br />(I) Binding Effect. This Agreement binds and benefits the parties and <br />their successors and assigns. <br />SECTION 11. ASSIGNMENT; RECORDING <br />11.1 This Option may not be assigned by Optionee; nor shall this Option be <br />filed for record in the office of the County Recorder in and for Anoka County, <br />Minnesota. <br />SECTION 12. REPRESENTATION OF WARRANTIES BY OPTIONOR <br />Optionor represents and warrants to Optionee as follows: <br />(a) Environmental Laws. To the best of Optionor's knowledge, after diligent <br />inquiry, Optionor warrants that no toxic or hazardous substances or <br />wastes, pollutants or contaminants, including without limitation, <br />asbestos, urea formaldehyde, the group of organic compounds known as <br />polychlorinated byphenyls, petroleum products including gasoline, fuel <br />oil, crude oil and various constituents of such products, or any <br />hazardous substance, are located on the subject premises. <br />SECTION 13. SURVIVAL OF REPRESENTATIONS, WARRANTIES, COVENANTS AND <br />CONDITIONS <br />13.1 All representations, warranties, covenants and conditions made pursuant <br />to this Agreement, and all agreements made by the parties pursuant to this Agreement <br />shall survive the consummation of .the transaction or transactions contemplated by <br />this Agreement, and all the representations and warranties made in any document <br />delivered in connection herewith shall survive the delivery of the deed and shall not be <br />merged therein, any rule of law to the contrary notwithstanding. <br />6 <br />