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DRAFT <br /> <br /> <br />3 <br />425582v2 SJR MU210-213 <br />H. Individual sewage treatment system disclosure statements prepared on forms <br />provided for that purpose as required by applicable statutes. <br /> <br />I. Methamphetamine Disclosure form required by applicable statutes. <br /> <br />J. A comprehensive endorsement to the title insurance policy will be included and <br />paid for by Seller. <br /> <br />K. Executed termination agreements terminating all leases affecting the Property. <br /> <br />L. Such other documents as may be reasonably required by Buyer’s title examiner or <br />title insurance company. <br /> <br />M. Certificate of Good Standing as to corporate status of the Seller (presently the <br />Seller’s corporate status is inactive and not in good standing). <br /> <br />6. CONTINGENCIES. <br /> <br /> A. Buyer’s obligation to buy is contingent upon the following: <br /> <br />(1): Buyer’s determination of marketable title pursuant to paragraph 12 of this <br />Agreement; and <br /> <br />(2): Buyer’s determination, in its sole discretion, that the results of the <br />environmental investigation under paragraph 9 of this Agreement are <br />satisfactory to Buyer. <br /> <br />(3):. Buyer’s approval of an appraisal of the Property, at Buyer’s expense. <br /> <br />(4): Seller to supply buyer with a copy of all written leases and a list of any <br />outstanding verbal agreements regarding leasehold agreements and <br />evidence that such leases or agreements have been terminated. <br /> <br />(5): Approval of this Agreement by the Buyer’s governing body. <br /> <br />Upon receipt of an acceptable appraisal and upon the approval of Buyer's governing body, the <br />Buyer shall provide written notice to Seller that the contingencies set forth at 6.A.3 and 6.A.5 <br />above are satisfied. Until Seller receives such notice, Seller will not begin performance of <br />Seller's performance obligations required by this Agreement. Buyer shall have until the Date of <br />Closing to remove the remaining contingencies set forth above in this paragraph 6. The <br />contingencies are solely for the benefit of Buyer and may be waived by Buyer. If the <br />contingencies are duly satisfied or waived, then the Buyer and Seller shall proceed to close the <br />transaction as contemplated herein. If, however, one or more contingencies is not satisfied, or is