7.2. HRSR 06-04-2018 - Laserfiche WebLink

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administrative proceedings, pending or threatened, that affect the Property or any portion thereof; and the Seller has no knowledge that any such action is presently contemplated. (i) Leases. The Se' sent-sSellers represent that the Property is currently being leased to The Selle N rthern Lakes Inc.. Eric Austin. and Jamie Austin, The S_ llUM will provide the tenant en is with required notice of itstheir intent to terminate the leasef si and will terminate the leaseUss prior to the Closing Date. With the exception of *kis-1 ethese le e , the Seller atsSellers represent that there are no other third parties in possession of the Property, or any part thereof; and that there are no other leases, oral or written affecting the Property or any part thereof. 0) Broker Commission. The Buyer represents to the SellerSeller� that it has not utilized the services of any real estate broker or agent in connection with this Agreement or the transaction contemplated by this Agreement. The Seller representsRonald Touchette. Seller, is a licensed real etate broker in the State of Minnesota. The Sellers represent to the Buyer that the Seller has-nethave utilized the services of any .eal estate bEeker �Rock Solid Companies and Ronald Touchette in connection with this Agreement ormn the transaction contemplated by this Agreement. The Sellers shall be responsible for paving any commissions or broker's fees to the Sellers' brokers in connection with this Agreement. Each party agrees to indemnify, defend, and hold harmless the other party against and in respect of any such obligation and liability based in any way upon agreements, arrangements, or understandings made or claimed to have been made by the party with any third person. (k) Structures. To the best of the Seller em's knowledge, the buildings, if any, are entirely within the boundary lines of the Property. The parties acknowledge that the Property is being sold in "as is" condition relating to the structural, operational, and mechanical systems. (1) Foreign Status. The SelleF4Sellers are not "foreign perselR ern sons" as such term is defined in the Internal Revenue Code. (m) Methamphetamine Production. To the best of the SellerSellers's knowledge, methamphetamine production has not occurred on the Property. (n) Refuse and Hazardous Materials. The Seller have not performed and has no actual knowledge of any excavation, dumping, or burial of any refuse materials or debris of any nature whatsoever on the Property. To the Seller'sSellers' best actual knowledge and belief, there are no "Hazardous Materials" (as hereinafter defined) on the Property that would subject the Buyer to any liability under either federal or state laws, including, but not limited to, the disposal of any foreign objects or materials upon or in the Property, lawful or otherwise. Without limiting the generality of the foregoing, the Seller tsSellers represent and wwmntswarrant to the Buyer that, to the Sel1er°sSellers' best actual knowledge and belief: The Property is not now and has never been used to generate, manufacture, refine, transport, treat, store, handle, dispose, transfer, produce, process, or in any manner deal with Hazardous Materials; 525535v2 SJS ELI 85-48