Laserfiche WebLink
• 1. Proceed to dosing without waiver or merger in the deed of the <br />objections to title and without waiver of any remedies, and may: <br />(a) seek damages, costs and reasonable attorney's fees from Seller as <br />permitted by lain; or <br />(b) undertake proceedings to correct the objections to title. <br />2. Rescind this Purchase Agreement by notice as provided herein, in <br />which case the Purchase Agreement shall be null and void and all <br />earnest money paid hereunder shall be refunded to Buyers; <br />3. Seek damages from Seller. <br />D. If title is marketable, or is made marketable as provided herein, and Buyer <br />defaults in any of the agreements herein, Seller may, as its sole remedy, <br />cancel this contract as provided by statute and retain all payments made <br />hereunder as liquidated damages. <br />E. If title is marketable, or is made marketable as provided herein, and Seller <br />defaults in any of the agreements herein, Buyers may, as permitted by law <br />• 1. Seek damages from Seller including costs and reasonable attorney's <br />fees; <br />Ll <br />2. Seek specific performance within six months after such right of action <br />arises. <br />10. TIME IS OF THE ESSENCE FOR ALL PROVISIONS OF THIS CONTRACT. <br />11. CONTINGENCIES. This Agreement and Buyer's obligations hereunder are <br />contingent upon Buyer.receiving all necessary approvals for the purchase of the Property <br />following all required administrative notices and hearings. If any required approval is <br />not received by Buyer, this Agreement shall be null and void, neither party shall have any <br />further liability hereunder and all earnest money, shall be returned to Buyer. <br />12. SELLER'S WARRANTIES AND REPRESENTATIONS. Seller warrants that (i) <br />there is a right of access to the real property from a public right of way, (ii) there has <br />been no labor or material furnished to the property for which payment has not been <br />made, (iii) there are no present violations of any restrictions relating to the use or <br />improvement of the property, and (iv) Seller knows of no hazardous substances or <br />petroleum products having been placed, stored, or released from or on the property by <br />any person in violation of any law, nor of any underground storage tanks having been <br />located on the property at any time, except as follows: <br />-3- <br />