Reso 2007-1120 - Laserfiche WebLink

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RESPECT TO THE VALUE, PROFITABILITY, MARKETABILITY OR ACREAGE OF THE PROPERTY, In entering into this Agrcement, Buyer has not bcen induced by and has not relicd upon any such rcpresentations, warranties or statements, whether express or implied, written or oral, made by Seller or any agent, employee or other representative of Seller or by any broker or any other person representing or purporting to represent Seller. The provisions of this section 10.2 shall survive Closing and any earlier termination of this Agreement. I I. Closing. The Closing shall occur at a mutually agreed time on or before fifteen (15) days from Option Acceptance Date and shall take placc at the office of thc Buyer's attorney, 12. Seller's Closing Documents. At closing, Seller shall deliver the following documents ("Scller's Closing Documcnts") to Buyer: 12.1 Quit Claim Deed, The Quit Claim Deed shall be duly cxecuted and acknowledged by SelicI' so as to convey to Buyer good and marketable fee simple titlc to the Property frce and clear of all licns, cncumbranccs and other conditions of title othcr than the Permitted Exceptions and exceptions not duly objected to by Buycr. 12.2 Mechanic's Licn Affidavit. A mechanic's lien affidavit in thc customary form, attesting that to the knowledge of Seller, (a) no individual, cntity or Governmental Authority has any claim against the Property under the applicable mechanic's lien law, (b) no individual, entity or Governmental Authority is either in posscssion of thc Property or has a promissory interest or claim in the Property (exccpt Seller and Buyer), and (c) no improvemcnts to the Property have been made for which payment has not been made. 12.3 Gap Affidavit. An affidavit in form and contcnt reasonably satisfactory to the Title Company to facilitate the insuring of thc "gap", i.e" the deleting as an exception to the Title Commitment any matters appearing between the effective datc of the Title Commitment and the effcctive date of the Title Policy. 12.4 FIRPTA. A FIRPTA Non-Foreign Entity Transfer Certificate or Exemption Certificate or document evidencing withholding, in accordance with Section 1445 of the Internal Revenuc Code. 12.5 DR-2 I 9. DR-219 as required for recording, 12.6 Closing Statement. At least four (4) counterparts of a closing statement for this transaction, executcd by Seller. 13, Buver's Closing Documcnts. At closing, Buyer shall deliver the following documcnts (Buycr's Closing Documents) to Seller; 13.1 Citv Commission Approval. A certificd copy of the Resolution, Minutes or Agenda Actions of thc pertincnt mceting of thc Commission Council showing that Buyer has been authorized to enter into and execute this Agreement and consummate thc transaction herein contemplated. This Agreement shall be presented to City Commission for its approval at its regular meeting scheduled for J unc 21, 2007, Eric Feder II