95-067 Ordinance - Laserfiche WebLink

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I?Wl ARTICLE 3. REPRFSENTATIONS AND WARFANTIES OF SELLER Warranties of Seller 3.01 Seller hereby represents and warrants to Buyer as follows: (1) There are no parties in possession of any part of said property as lessees, tenants at sufferance, or trespassers; except for an oil and gas lease; (2) There is no pending or threatened condemnation or similar proceeding or assessment affecting said property, or any part thereof, nor to the best lrnowledge and belief of Seller as any such proceeding or assessment contemplated by any governmental authoriry; (3) The seller has complied with all applicable laws, ordinances, regulations, statutes, rules, and restrictions relating to said property, or any part thereof; (4) There are sewer, water, gas and electricity lines to said property which are available for "tap in" by the Buyer and which aze sufficient for service on said property; and (5) Said properiy has full and free access to and from public highways, streets or roads and, to the best lrnowledge and belief of Seller, there is no pending or threatened governmental proceeding which would impair or result in the terminarion of such access. ARTICLE 4. BREACH Sel er 4.01 Should Seller default on the full and timely performance of any obligation under the terms of this Agreement for any reason other than Buyer's default, Buyer may: (1) Enforce specific performance of this Agreement; (2) Request that the down payment shall be forthwith returned to Buyer; or (3) Bring suit for damages against the Seller.