Laserfiche WebLink
<br />ARTICLE VII <br />SELLER'S CLOSING DOCUMENTS <br /> <br />On the Closing Date, Seller shall deliver to Buyer the following (collectively, "Seller's <br />Closing Documents"): <br /> <br />7.1 Deed. A Warranty Deed conveying the Property to Buyer, free and clear of all <br />encumbrances, except the Permitted Encumbrances, in a form reasonably <br />acceptable to the Buyer and the Title Company. <br /> <br />7.2 Well Disclosure. Seller will provide Buyer with a well disclosure statement as <br />required by Minnesota State law or a statement that there is no well. <br /> <br />7.3 Title Documents. An Affidavit of Seller stating that on the Closing Date there are <br />no outstanding, unsatisfied judgments, tax liens or bankruptcies against or <br />involving Seller or the Property; that Seller has not caused or allowed any work <br />on the Property for which payment has not been made; and that there are no other <br />unrecorded interests in the Property and such other Affidavits and documents as <br />may be reasonably required by Title Company or Buyer in order to record Seller's <br />Deed and issue the Title Policy required by this Agreement. <br /> <br />ARTICLE VIII <br />BUYER'S CLOSING DOCUMENTS <br /> <br />On the Closing Date, Buyer will duly execute and/or deliver to Seller the following <br />(collectively, "Buyer's Closing Documents"): <br /> <br />8.1 Purchase Price. The full Purchase Price (less Earnest Money and Park Dedication <br />Credits), by wire transfer of U.S. funds, or by certified check (or other <br />immediately available funds) to be payable to Seller or to Seller's account or as <br />Seller may otherwise direct. <br /> <br />8.2 Park Dedication Agreement. The City shall execute and deliver the Park <br />Dedication Agreement in the form and content of Exhibit "B" attached hereto and <br />made a part hereof, securing the Buyer's remaining obligations under this <br />Agreement. <br /> <br />8.3 Other Costs and Expenses. Payment for all other costs and .expenses to be paid by <br />Buyer pursuant to this Agreement. <br /> <br />8.4 Other Documents. Such other documents as the Title Company or Seller shall <br />reasonably request to implement the within described transaction. <br /> <br />Page 11 <br />Version Date: 6/15/06 <br />C:\Docwnents and Settings\tallardlLocal Settings\Temporary Internet Files\OLKF\Agreernent attach to 7 2.DOC <br />