Laserfiche WebLink
Authentisign ID:92CCDA7D-4AA5-F011-8E61-002248330C80 <br /> to the extent Buyer or its agents alter, modify, disturb or change the condition of the Property as <br /> part of the inspections, Buyer will restore the Property to the same condition existing prior to <br /> Buyer's inspections at the Property. The obligations in this section shall survive the termination <br /> of this Purchase Agreement. <br /> 8. As-Is Purchase. EXCEPT AS MAY BE EXPRESSLY REPRESENTED IN <br /> THIS PURCHASE AGREEMENT OR ANY OF THE CLOSING DOCUMENTS, BUYER <br /> ACKNOWLEDGES THAT, PRIOR TO CLOSING, IT WILL HAVE THE OPPORTUNITY <br /> TO INSPECT THE PROPERTY AND THAT, AS OF THE CLOSING, BUYER WILL HAVE <br /> CONDUCTED DUE DILIGENCE ACTIVITIES IN CONNECTION WITH THE PROPERTY, <br /> AS BUYER DEEMS NECESSARY OR DESIRABLE TO SATISFY ITSELF AS TO THE <br /> CONDITION OF THE PROPERTY AND THE EXISTENCE OR NONEXISTENCE OF, OR <br /> CURATIVE ACTION TO BE TAKEN WITH RESPECT TO THE REAL PROPERTY, AND <br /> WILL RELY SOLELY UPON SAME. EXCEPT FOR THE REPRESENTATIONS AND <br /> WARRANTIES OF SELLER CONTAINED HEREIN, BUYER AGREES TO TAKE THE <br /> REAL PROPERTY "AS IS", "WHERE IS", WITH ALL FAULTS AND CONDITIONS <br /> THEREON. ANY INFORMATION, REPORTS, STATEMENTS, DOCUMENTS OR <br /> RECORDS ("DISCLOSURES") PROVIDED OR MADE TO BUYER OR ITS <br /> CONSTITUENTS BY SELLER, ITS AGENTS OR EMPLOYEES CONCERNING THE <br /> CONDITION (INCLUDING, BUT NOT LIMITED TO, THE ENVIRONMENTAL <br /> CONDITION) OF THE REAL PROPERTY SHALL NOT BE REPRESENTATIONS OR <br /> WARRANTIES, AND BUYER SHALL NOT RELY ON SUCH DISCLOSURES. BUYER <br /> ACKNOWLEDGES THAT THE PURCHASE PRICE REFLECTS AND TAKES INTO <br /> ACCOUNT THAT THE PROPERTY IS BEING SOLD "AS IS". <br /> 9. Real Estate Taxes and Special Assessments. Real estate taxes payable in 2026 <br /> will be prorated on the basis of the most recent assessment between Seller and Buyer as of the <br /> Closing Date. Real estate taxes payable in all prior years will be paid by Seller. Seller shall pay <br /> all deferred real estate taxes which may become payable as a result of the sale described herein. <br /> Seller will pay all special assessments levied, pending or constituting a lien against the Property <br /> as of the Effective Date. Buyer shall assume all other special assessments. Any and all refunds, <br /> credits, claims or rights to appeal respecting the amount of any real property taxes or other taxes <br /> or assessments charged in connection with the Property for any period following Closing shall <br /> belong to Buyer, and any and all refunds, credits, claims or rights to appeal respecting the <br /> amount of any real property taxes or other taxes or assessments charged in connection with the <br /> Property for any period prior to the Closing shall belong to Seller. <br /> 10. Prorations. All items customarily prorated and adjusted in connection with the <br /> Closing of the sale of the Property including, without limitation, utilities, rent, etc. shall be <br /> prorated as of the Closing Date. At Closing, the amount of prorations and adjustments as <br /> aforesaid shall be determined or estimated to the extent practicable, and monetary adjustment <br /> shall be made between Seller and Buyer. As the amounts of the respective items become finally <br /> ascertained, further adjustment shall be promptly made between the parties in cash, within five <br /> (5) days following either party's written notice to the other accompanied by reasonable <br /> 3 <br />