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(e) Storage Tanks. There are no above-ground or underground tanks are located in or
<br /> about the Property.
<br /> (f) Wells and Septic. Seller knows of no wells on the Property. At the time of
<br /> Closing, Seller will deliver any required well certificate pursuant to applicable laws.
<br /> There is no "individual sewage treatment system" within the meaning of Minn. Stat.
<br /> Section 115.55 on or serving the Property. Sewage generated at the Property goes to a
<br /> facility permitted by the Minnesota Pollution Control Agency.
<br /> (g) Assessments. Seller has not received any notice of any actual or proposed special
<br /> assessments or reassessments of the Property.
<br /> (h) Litigation and Other Matters. Seller has received no notice, and has no
<br /> knowledge of any pending notice, of a violation of any statutes, ordinances, regulations,
<br /> judicial decrees, or orders, or the pendency of any lawsuits, administrative or arbitration
<br /> hearings, governmental investigations, proceedings, applications, petitioners, or other
<br /> matters affecting the Property or the use thereof.
<br /> (i) Condemnation. Seller has not received any notice of any pending condemnation,
<br /> eminent domain or other similar action, suit or proceeding that would affect the Property.
<br /> (j) Hazardous Substances. To the best of Seller's knowledge there are no Hazardous
<br /> Substances stored, deposited or located within the property or under the surface of the
<br /> property. For purposes of this warranty and representation, the term "Hazardous
<br /> Substances" means asbestos and asbestos-containing materials, polychlorinated
<br /> biphenyls, nuclear fuel or materials, chemical waste, radioactive materials, explosives,
<br /> known carcinogens, petroleum products, or other dangerous, toxic, or hazardous
<br /> pollutant, contaminant, chemical, material or substance defined as hazardous or as a
<br /> pollutant or contaminant in, or the release or disposal of which is regulated by, any
<br /> Environmental Laws. For purposes of this Agreement, the term "Environmental Laws"
<br /> shall mean the Comprehensive Environmental Response, Compensation and Liability Act
<br /> of 1980 ("CERCLA"), 42 U.S.C. §§ 9601-9657, as amended, and any other federal, state
<br /> and local laws, rules and regulations dealing with Hazardous Substances, the
<br /> environment or public health.
<br /> (k) FIRPTA. Seller is not a "foreign person," "foreign partnership," "foreign trust"
<br /> or "foreign estate," as those terms are defined in Section 1445 of the Internal Revenue
<br /> Code.
<br /> Except for the warranties, covenants and representations explicitly set forth in this Agreement,
<br /> Seller and Buyer agree that Buyer will accept possession of the Property in its AS-IS condition,
<br /> WITH ALL FAULTS, and the sale of the Property to Buyer shall be without any other
<br /> representation, covenant or warranty of any kind, express or implied, and Buyer, for Buyer,
<br /> Buyer's agents, attorneys, representatives, heirs and assigns does hereby disclaim and renounce
<br /> any other representation or warranty.
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