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Resolution 00-EDA134
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Resolution 00-EDA134
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Last modified
8/10/2022 11:15:47 AM
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2/2/2007 9:20:51 AM
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MV EDA
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<br />. <br /> <br />. <br /> <br />. <br /> <br />substances or conditions in or on the Property which may support a claim or cause of action <br />under any of the aforementioned acts or any other federal, state or local environmental <br />regulatory requirement and that no underground deposits which cause hazardous wastes or <br />underground storage tanks of any type are locatcd on the Property. This warranty shall <br />survive the closing of this transaction. <br /> <br />16. WELL DISCLOSURE. The Scller has certified in a "Wcll Disclosure Statement" <br />that a well is prescnt on thc described real Property. The cost of sealing any wells contained <br />within the "Well Disclosure Statement" required to be capped or sealed under Minnesota <br />law will be bOl11C by the BUYER. <br /> <br />17. SELLER'S WARRANTIES. Seller warrants that buildings, if any, are entirely <br />within the boundary lines of the property. Seller warrants that thcre is a light of access to <br />the real property from a public right-of-way. Seller warrants that there has been no labor or <br />matcrial furnishcd to the property for which payment has not been made. Seller warrants <br />that there are no present violations of any restrictions relating to the use or improvement of <br />the Property. The attached "Seller's Property Disclosure Statement" is true to the best ofthe <br />Seller's knowledge. Thcse warranties shall survive the closing of this transaction. <br /> <br />18. <br /> <br />BROKERS <br /> <br />A. The Buyer represents and warrants that there is no broker involved in this <br />transaction with whom they have negotiated with or to whom they have agreed <br />to pay a broker commission. Buyer agrees to indenmify Scller for any and all <br />claims for brokerage commissions or finders' fees in cOlmection with <br />negotiations for purchase of the Property arising out of any alleged agreement or <br />commitment or negotiation by Buyer, and Seller agrees to indenmify Buyer for <br />any and all claims for brokerage commissions or finders' fees in connection with <br />negotiations for purchase of the Propelty arising out of any alleged agreement or <br />commitment or negotiation by Seller. <br /> <br />B. The Seller represents and warrants that Steve Ennen of Remax Results is the <br />Seller's Agent. <br /> <br />19. RELOCATION BENEFITS. Seller expressly agrces to waive any and all <br />relocation benefits, assistance and services, related to the Seller's ownership and activities <br />on the Propelty to which Sellcr may be entitled by law, as a result of the transaction <br />contemplated by this Purchase Agreement. Seller agrees to provide to Buyer at Closing an <br />executed waivcr of relocation bcnefits as to these activities. <br /> <br />20. MERGER OF REPRESENTATIONS, WARRANTIES. All representations, <br />walTanties and agreemcnts contained in this Purchase Agrcement shall not be merged into <br />any instruments or conveyance delivered at closing, and the parties shall be bound <br />accordingly. <br /> <br />21. <br /> <br />ENTIRE AGREEMENT; AMENDMENTS. <br /> <br />This Purchase Agreement <br />
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