2001 014 Ordinance - Laserfiche WebLink

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ExhibitA - Ordinance 2001-14 payable on the Closing Date and zoning (the "Permitted Exceptions"). In the event the Commitment and/or Survey disclose any matter afFecting title to the Premises other than the Permitted Exceptions, Purchaser shall notify Seller of the title matters which Purchaser approves and the title matters to which Purchaser objects within thirty (30) days after receipt by Purchaser of both the Commitment and the Survey, and, except as otherwise provided in Section 3(d) Seller shall remove any such matters objected to by Purchaser, at Seller's expense, within thirty (30) days after Purchaser notifies Seller of such title matters. If Purchaser fails to notify Seller of its objection to, or approval of, any such title matters, Purchaser sha11 be deemed to have accepted all title matters set forth in the Commitment, except for the Permitted Exceptions. (d) In the event that despite the use of Seller's best efforts Seller can not or does not remove any such title matters objected to by Purchaser within said thirly (30) days, Purchaser shall have the right to elect either: (i) to waive such title matter(s), proceed to close this transaction and accept title to the Premises subject to such title matter(s); or (ii) to terminate this Agreement by giving written notice of termination to Seller and this Agreement shall thereafter be of no further force or effect. 4. TITLE TO PRENIISES. Seller shall convey good and marketable indefeasible fee simple title to the Premises to Purchaser subject only to the Permitted Exceptions and such other title matters approved by Purchaser in writing by general warranty deed (the "Deed"). The Deed shall be in a form and substance satisfactory to Purchaser and contain the legal description of the Premises described in the Survey. The Permitted Exceptions and the title matters approved by Purchaser shall be specifically, not categorically excepted from the warranties of title in the Deed. 5. ACCESS TO AND CONDITION OF PROPERTY. Purchaser, its agents, contractors and engineers shall have the right to enter upon the Premises for the purpose of inspecting the physical condition of the Premises, to determine the suita.bility of the Premises for Purchaser's intended uses thereof, such as the existence and adequacy of all utilities serving the Premises, compliance with laws and soil conditions. Notwithstanding any language to the contrary contained herein, Purchaser agrees to repair any and all damage to the Premises caused by purchaser's inspection thereof and to restore the Premises to as near as practical to the condition existing immediately prior to the Purchaser's inspection. Purchaser acknowledges and agrees that, except for the representations and warranties set forth in Section 6 of this Agreement, Seller has not made, does not make and specifically negates and disclaims any and all other representations, warranties, promises, covenants, agreements or guaranties of any kind or character whatsoever, whether express or implied, oral or written, past, present or future relating to the physical condition of the Premises Purchaser further acknowledges and agrees that except for the representations and warranties set forth in Section 6 2