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assets and properties contemplated t© be <br />Buyer hereunder are cOllectively referred <br />Agreement as the "Property". <br /> <br /> 0 <br />Property <br />DOLLARS. <br /> <br /> 3. <br /> <br />represents <br />inoperable <br /> <br />acquired by <br /> to in this <br /> <br /> PURCHASE PRICE The purchase price for the <br />shall be TWO HUNDRED THOUSAND (200,000) <br /> <br />ACCEPTANCE OF PROPERTY. Seller warrants and <br />that· the only material damage, defects, <br />or unsafe .cohditions affeCting the property <br /> <br />known to Seller have been disclosed to. Buyer and are <br />attached hereto as Exhibit."C". <br /> <br /> 4. a) DEED. Seller shall furnish a general <br />warranty deed conveying marketable title to the Property <br />to Buyer, subject at the time of title transfer to: <br />(1) taxes and assessments which are a lien, but not yet <br />due and payable, and (2) such other encumbrances, <br />reservations and eXceptions, if any, as are permitted in <br />the title guarantee described, below. <br /> <br /> · b) TITLE INSURANCE. Seller shall provide <br />Title Guaranty (ALTA Form B) at the 'time of title <br />transfer with Schedule B general and printed exceptions <br />deleted issued by Chicago Title Insurance Company in the <br />amount of the purchase price guaranteeing marketable <br />title in the Buyer free and clear of all title defects, <br />encumbrances, reservations and exceptions whatsoever, <br />except: (1) zoning ordinances, if any, (2) taxes and <br /> <br /> 3 <br /> <br /> <br />