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exceptions whatsoever, except: (1) zoning ordinances, <br />if- any, (2) taxes and assessments which are a lien, <br />but -not yet due'and payable, (3) such restrictions, <br /> <br />'conditions, easements (however created) and <br /> <br />encroachments as do not materially adversely affect <br />the intended use or value of the Property. <br /> <br /> 4. CURE OF TITLE <br />RESERVATIONS AND EXCEPTIONS. <br />comply with the requirements <br /> <br />DEFECTS, ENCUMBRANCES,. <br />If Seller is unable to <br />of subparagraphs 3 (a) <br /> <br />and 3 (b) above, then Seller shall have 30 days after <br />receipt of notice thereof to remove said defect(s) and <br />to provide Buyer with evidence thereof. If Seller is <br />unable to remove ~said defect(s) within such 30 day <br />period, then Buyer may either: (1) accept title to <br />the Property subject to said defect(s) without any <br />reduction in the total purchase price, or (2) <br />terminate this Agreement by written notice to Seller <br />and thereupon have returned all items and funds <br />theretof°re paid or deposited hereunder, in which <br />event Seller shall pay all nonrefundable escrow and, <br />title costs theretofore incurred and Seller and Buyer <br />shall be relieved of further liability hereunder. <br /> <br /> 5. ESCROW PROCEDURE. A11 documents and <br />fUnds necessary to complete this transaction shall be <br />placed in escrow with Chicago Title Insurance Company <br />at least five (5) days before closing. Closing shall <br />be not less than sixty (60) days after approval by <br /> <br /> <br />