6.1. EDSR 05-15-2023 - Laserfiche WebLink

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Authentisign ID: F2499C55-18CF-ED11-BA77-14CB652F4F5B Conditions of Purchase Agreement: Closing Date: Buyer requires the Forty -Five (45) Days of an executed Purchase Agreement for Due Diligence Period. • Memoranda covering the terms and conditions of any unwritten leases or contracts affecting the Property. • Copies of inspection reports, existing notices and due dates for same from any governmental agency having jurisdiction for or an effect on the Property, including any additional notices which may be received prior to closing. • Seller shall provide all data in Seller's possession relating to environmental, engineering, etc. • Buyer obtaining satisfactory approval from local municipality for Zoning, Use Permit & Site Plan for Buyers intended use of property and all applicable licensing. • Satisfactory Phase 1 to be conducted by Buyer at Buyers expense, if/as needed. • Satisfactory conditions of title approved by Buyer. Seller to provide title commitment at Sellers expense within ten (10) days. • Buyer obtaining satisfactory ALTA survey at Buyer's expense. • Satisfactory appraisal to be obtained by Buyer. June 1st, 2023. Sellers Documentation: Seller shall supply, within fifteen (15) days after execution of a purchase agreement all significant documents about the property, including but not limited to those above. The Due Diligence period shall begin after delivery of such documents. Brokerage: Buyer and Seller are represented by Hardin Companies (Dual Agency). Brokerage commission of Five and One-half (5.5%) percent of the purchase price shall be paid by Seller to Broker at closing. This proposal is intended solely as a preliminary expression of general intentions and is to be used for discussion purposes only. The parties agree that this letter/proposal is not intended to create any agreement or obligation by either party to negotiate a definitive purchase and sale agreement and imposes no duty on either parry to continue negotiations. The parties intend that neither shall have any contractual obligations to the other with respect to the matters referred herein unless and until a definitive agreement has been fully executed and delivered by the parties. Prior to delivery of a definitive executed agreement, and without any liability to the other party, either party may (1) propose different terms from those summarized herein, (2) enter into negotiations with other parties, and/or (3) unilaterally terminate all negotiations with the other party hereto. AGREED AND ACCEPTED: