2003 025 Ordinance - Laserfiche WebLink

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3. AS IS. Buyer hereby acknowledges that it has examined the property and accepts it in an "as is" condition, and that there are no representations or warranties made by either party other than what is contained in this document. Any representations herein shall survive the filing of the deed for record. No modification of this agreement may be made unless in writing and signed by both parties. 4. POSSESSION. Subject to paragraph 5 below, Buyer shall be entitled to take possession of said premises on the date set for the closing of this matter. Seller shall be responsible for any and all utilities consumed upon the Premises, until possession is transferred to Buyer. Buyer and Seller shall cooperate to have any and all utilities transferred as of the date of possession and Seller shall order final meter readings as of said date. 5. TENANT IN POSSESSION. Buyer acknowledges that there is a month-to-month tenant in possession of the property. The Seller will have no responsibility to remove the current month-to-month tenant prior to closing. Buyer will assume full responsibility for the continued tenancy or removal of the tenant after closing. 6. TAXES. Seller shall pay all delinquent taxes, including penalties and interest, and all other real estate taxes which are a lien on the closing date, prorated to that date and computed, if undetermined, on the basis of the last certified tax rate and valuation. Seller shall also pay all assessments pro-rated to the date of closing which exist on the property as of the date of closing. Buyer agrees to pay before delinquency all taxes and assessments that may thereafter become due on said premises. 7. HAZARDS. Buyer shall assume all risk of damage to or destruction of any improvements now on said land or hereafter to be placed thereon from the date of transfer of possession. However, if any building on the premises or any part thereof shall be 2