EDA Resolution 14-EDA-286 - Laserfiche WebLink

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Buyer's intended use of the Property; c) Reservation of my minerals or mineral rights in the State of Minnesota, if my. 2. Standard form affidavit of Sel l er showing no bankruptcies, judgments or mechanics'liens effecting the Property. 3. Certificate Seller is not aforeign national. 4. Updated Title Commitment. 5. Well disclosure certificate, if required, or, if there is no well on the Property, the Warranty Deed given pursuant to subparagraph a above must include the foll owi ng statement: "The Seller certifies that the sel l er does not know of any wells on the described reel property." 6. Any other documents reasonably required by the Buyer's title insurance company or attorney to evidence that title to the Property is marketable and that Seller has complied with the terms of this Agreement. 7. Certificate of Real Estate Value(CRV). C. DOCUMENTS TO BE DELIVERED BY BUYER AT CLOSING. At Closing, Buyer shall deliver the following to Seller: 1. Any documents as may be reasonably required by Buyer's title examiner or title insurance company. 5. DEED/MARKETABLE TITLE: Subject to performance by Buyer, Seller agrees to execute and deliver at the time of dosing a warranty deed conveying marketable title to said Property,subject only to the following exceptions: A. Building and zoning Taws, ordinances,state and federal regulations; B. Reservation of any mineral rights by the Stated M i nnesotay C. Utility and drainage easements which do not interfere wi th eci stn ng improvements. 6. POSSESSION: Seller agrees to deliver possession not later than the date of dosing. 7. COSTS AND PRORATI ONS: Seller and Buyer agree to the following proration and al I oci ons of costs regarding this Agreement: A. Deed Tax. Seller shall pay all state deed tax regarding a Warranty Deed aid my other documents necessary to place record title in the condition warranted and to be delivered by Sel l er under this Agreement. 449809v2 NKE M U205-45 2