Laserfiche WebLink
7 Title Insurance. Buyer may, at its option, and at Seller's cost and expense <br />Procure a standard owner's policy of title insurance <br />Seller's interest in the Subject Pro from the Escrow Holder insuring that <br />exceptions which area party is vested in Buyer upon Closing, subject to the <br />`for the base acceptable or are deemed acceptable pursuant to Section 6. Seller shall pay <br />Premium, but not for endorsements to the policy. <br />8• Seller's Promise not to Further Encumber. Seller shall not, without <br />written consent of Buyer, make any leases, contracts t the prior <br />the Subject Property which would in any manner eons or agreements whatsoever affecting <br />and deliver title as agreed herein Pede Seller's ability to perform hereunder <br />178o09v4 <br />9• Seller's Re resentations. Seller makes the following representations: <br />(a) At Closing, Seller will have the power to sell, <br />Seller's right, title and interest itransfer and convey all of <br />n and to the Sub Pro <br />terms and conditions of this Agreement. Pew m acc°rdance with the <br />(b) Seller represents and warrants that it is not a "forei co <br />in Section 14.45 of the internal Revenue Code. Seller's � sited States Taxpas ayer <br />Identification Number is 23-7222333: <br />(c) Well disclosure. [Check one of the following:] <br />Seller certifies that Seller does not know of any wells on the Property. <br />._x_ Wells on the Property are disclosed by Seller on the attached Well <br />(d) Disclosure of individual <br />the following;) on-site sewage treatment system [Check one of <br />Seller certifies that Seller does not know of any individual on-site sewage <br />A Individual on-site sewage treatment systems on the property are disclosed <br />by Seller on the attached Disclosure form. <br />(e) Protected Historical Sites. [Select either one of the following:] r <br />i <br />X Seller represents that Seller does not know if there are historical, <br />native American, or archeological materials on or in the Property <br />that might be protected by law. <br />To Seller's knowledge, the property does not have an. ! <br />Indian burial grounds, other human burial Y American <br />earthworks, historical materials, and/or other a heologirer sites <br />al <br />that are Protected by federal or state law. City's obligation to close <br />is contingent upon City determining to City's satisfaction that the <br />5 <br />