Laserfiche WebLink
AFP. 19 ' 96 14 � 15 KENNEDY & GRAVEPd <br />P.7 <br />{ f) Sell.er has fu11 powEr anc�. authox�ity to enter 3nto <br />and perform this Agxeement in accordance with its tQrms; <br />(g) 5eller has, as o� Closing, good, �.nsurable and <br />marketa.ble title in fee simple to a13 of the Propezty/� . <br />5e7.1er hereby agree� that each of the foregoing <br />representations and warranties shali survive closing hereunder and <br />�hat �he material breach of any thEreof shall constitute a default, <br />�ahether said breach oCCUrs przox �o or aFter Closing, entitling <br />Buyer to exez�c�.se �ny remedy provided to Buyez a.n thzs �g��ement in <br />ti,���=, �a�3•c�a'�-i, cxi� ,�`� r�c� �:��1,-� b�7 i�1 �,�x<< . ��`�'St����'�,< �:>,�i�+� -;:���, J`,�:�+�c ,„��� <�:�'�.� <br />13 . Fees . T�n. an.y ac�.ion bzought ca�i�.h respec� to a breac�i o� .. <br />any of the provisions of this Agzeement, the prevailing party sh�.11 <br />be entitl�d to =ecover its reasonabl� at-�orneys' fees. <br />14. Closfnq Date. Th� Closing Date a� this transaction sha1�. <br />take place on the date which Buyer exezcises it op�.ion hereund�r as <br />provided herein, ar such later date within thirty (3a) days <br />ther�after a� Se11er may designate. At c1,os3ng, S�ller and Buyer <br />shall. de�.i�ve� to one another the instruments speci�.ied herein. <br />Subject to the provisions of Paragraph 6 hereof, possession of the <br />Property shall be delivered �.o Buyer on the Clo9ing Date. <br />1S. S�ller's Oblicrations at Closing. Seller sha1l de].iver <br />at Clos3ng in form reasonably acceptable to Buyer Counsel (unless <br />otherwise provided): <br />� (a) A Warranty Deed duly ex�cutEd and acknowr].edged, <br />which conveys the Prope�ty to Buye�, accompanied by a standard <br />Sel].�r' s Af f 3davit and a we11 cezti.f icate or statement that no <br />wells ara located on th� Property; <br />� (b) A BiI.I or Sale duly exeCU�.ed and an inventory <br />(attached thereto) conveying to Buyer on an "as-�is'° basis the <br />personal property and fixtures owned by 5�ller presently used <br />in the operation of the Prop�rty, together with a current UCC <br />seatch re�ort from the records of �Che rilinnesota Secretary of <br />State showing no ].iens or encumbrances on such personal <br />property or fixtures; <br />r,r�noz9a� <br />DWI25-36 <br />0 <br />