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2001-042 Ordinance
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2001-042 Ordinance
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1/16/2014 10:57:27 AM
Creation date
1/15/2014 11:33:59 AM
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North Olmsted Legislation
Legislation Number
2001-042
Legislation Date
3/9/2001
Year
2001
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02/27/2001 02:16 FA.1 14407770107 GAREAU DLiBELKO-- a05 <br />. s'd1d propert3/ S3 1835ee,5, tel12I1t5 flt 5llfferaIlCe, or f['eSpa.SSE:1'S; <br />Cl) T'ne Se11er has complied with all applicable }aws, vrdinances, rcgutaaom, s9atu <br />rules, Snd restrictions relating to said pmperty, or any part there9f; and <br />(3) Seller represents and wanants that tn the best of Seller's knowledge (i) no taRic or <br />hazardus subgances, wastes, or ather envimnmental hazards have berin ciisposed tpon or zokased <br />im, an, uader, or from the Prop°rry, including, but not limited to asbestos, pCB's oii, attd <br />petroleutn product; ('ii) there are not presenfly, nar have there ever teest any urderground stamge <br />tanks or above ground storage tanks located in, on, or under the Praperty; SeZte;r shall indemnify <br />and hoki Buyea haiml.ess against any and ali claims arising out af aay eavironmeaial haxatd which direcdy or in8uectty results frarn the Se12ez's use, stordge and sale of any hazmnlous mabeaals or <br />by-products. (iii) Seller has not been notified of a violation of any building aonin,g, heaIth, fire, <br />safetY, or euvironmenral code afreeting the property. The repzesentations in this paragraph shall <br />survive the Closing Date. <br />ARTTCLE 4. BAEACH <br />BX Seller <br />4.01 Should Seller default on the full and amely perfarnianoe of any obligation under <br />the berrms of this Agreement for any reason other thaz? Buyer's default, Buyer may: <br />(1) Fnforce spedfic perFormance of this Agreement; or <br />(2) Request that all funds paid by Buyer be foztbwi,tit returned to $ayer, and/or bring <br />suit for damages against the Sel3.e,r, <br />By Buve.r <br />4.02 Should Buyez fagl ta consummate the purchase of said prtperty, the condificrns to <br />Buyer's obligations as set forta above in this Agreement having been sadsfied and Buyer beirtg <br />4
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