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Section 8. Environmental Inspection and Representations. <br />8.1. Buyer and its agents shall have the right to enter upon the Property after the date <br />of this Option Agreement for the purpose of inspecting the Property and conducting such <br />environmental examination and tests as Buyer deems necessary. Buyer agrees to indemnify the <br />Seller against any liens, claims, losses, or damage occasioned by Buyer's exercise of its right to <br />enter and work upon the Property. Buyer agrees to provide Seller with a copy of any report <br />prepared as a result of such examination and tests. <br />8.2. Seller hereby warrants to Buyer that during the time the Seller has owned the <br />Property there have been no acts or occurrences upon the Property that have caused or could <br />cause contamination or hazardous substances in the subsoil or ground water of the Property or <br />other adjacent properties. This warranty shall survive the closing of this transaction. <br />8.3. In the event Buyer's testing discloses contamination or hazardous conditions in <br />the subsoil or groundwater of the Property, Buyer shall be privileged to rescind this transaction <br />and cancel this Option Agreement upon written notice to Seller. <br />8.4. Removal of Hazardous Material. Seller, prior to vacating the Property, shall <br />remove all substances which, under state or federal law, must be disposed of at an approved <br />disposal facility. This includes, but is not limited to, used oil, paints, solvents, fertilizers, <br />poisons, and the like. <br />8.5. Seller agrees to indemnify and hold harmless Buyer from any and all claims, <br />causes of action, damages, losses, or costs (including reasonable attorneys' fees) relating to <br />contamination or hazardous substances in the subsoil or groundwater of the Property or other <br />adjacent properties which arise from or are caused by acts or occurrences upon the Property prior <br />to Buyer taking possession of the same. This indemnity shall survive the closing of this <br />transaction. <br />Section 9. Possession. <br />9.1. Possession. Seller shall transfer possession of the Property to the Buyer no later <br />than date of closing. <br />9.2. Removal of Property. Seller agrees to remove from the Property all debris and <br />items of Seller's personal property not included in this sale no later than date of closing. Items <br />not removed by that date will be disposed of by the Buyer, and the cost of disposal will be <br />Seller's expense. <br />9.3. Utilities. Seller agrees to pay all charges for sewer, water, electric, gas, and cable <br />television or any other applicable utilities until date of closing, if any. <br />9.4. No encumbrances. Seller agrees not to place any liens or encumbrances on the <br />Property after the date of this Option Agreement. <br />7 <br />DOCSOPEN\MU2 1 0\329\1036056.v2-7/9/25 <br />