8.1 SR 07-19-2021 - Laserfiche WebLink

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advertising agreements and contracts with governmental or regulatory agencies affecting the Property or the operation and maintenance thereof. 18. Access to Property. Seller shall allow Purchaser and its agents access to the Property for an inspection thereof. Purchaser may conduct soil tests, soil borings and other tests of the Property. As a condition of such entry, Purchaser indemnifies and saves Seller harmless from and against any liability (including liability for bodily injury, death, and reasonable attorneys' fees) and any mechanic lien attaching to the Property as a result of the work performed in making any such inspection. If, as a result of Purchaser's inspection of the Property and such documents, Purchaser, for any reason, is dissatisfied with the Property or such documents, Purchaser shall have the absolute right to terminate this Agreement. Not later than thirty (30) days after execution hereof, Purchaser shall deliver notice to Seller of its decision (the "Notice of Decision") to either exercise their right of termination or to continue this Agreement. If this Agreement is so terminated, neither party shall have any further rights or obligations hereunder, except that Purchase will be entitled to the return of the Earnest Money. 19. Well and Septic Systems. The Seller agrees to disconnect the well and septic to the Clubhouse located on the Property and to connect the Clubhouse to the city water and sewer system and to cap the septic system at Seller's cost prior to closing. 20. "AS -IS" Sale. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, IT IS UNDERSTOOD AND AGREED THAT SELLER IS NOT MAKING AND HAS NOT AT ANY TIME MADE ANY WARRANTIES OR REPRESENTATIONS OF ANY KIND OR CHARACTER, EXPRESS OR IMPLIED, WITH RESPECT TO THE PROPERTY, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OR REPRESENTATIONS AS TO HABITABILITY OR FITNESS FOR A PARTICULAR PURPOSE. PURCHASER ACKNOWLEDGES AND AGREES THAT, UPON THE CLOSING, SELLER SHALL SELL AND CONVEY TO PURCHASER AND PURCHASER SHALL ACCEPT THE PROPERTY IN ITS "AS IS, WHERE IS, WITH ALL FAULTS" CONDITION, EXCEPT TO THE EXTENT EXPRESSLY PROVIDED OTHERWISE IN THIS AGREEMENT, INCLUDING, BUT NOT LIMITED TO ALL STRUCTURES, FIXTURES, PERSONAL PROPERTY AND EQUIPMENT INCLUDED IN THE CONVEYANCE CONTEMPATED UNDER THIS AGREEMENT. BUYER FURTHER ACKNOWLEDGES THAT THE PURCHASE PRICE REFLECTS AND TAKES INTO ACCOUNT THAT THE PROPERTY IS BEING SOLD "AS IS, WHERE IS, WITH ALL FAULTS." PURCHASER REPRESENTS TO SELLER THAT, PRIOR TO CLOSING, PURCHASER WILL HAVE CONDUCTED SUCH INVESTIGATIONS OF THE PROPERTY, STRUCTURES, FIXTURES, PERSONAL PROPERTY AND EQUIPMENT INCLUDED IN THIS CONVEYANCE, INCLUDING BUT NOT LIMITED TO, THE PHYSICAL AND ENVIRONMENTAL CONDITIONS THEREOF, AS PURCHASER DEEMS NECESSARY OR DESIRABLE TO SATISFY ITSELF AS TO THE 214273v12