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CCP 12-15-1997
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CCP 12-15-1997
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<br /> DEC-12-1997 10:44 BRADLEY & DEIKE. P.A. 612 926 5743 P.ll '. <br /> (2) Seller' s representations and warranties set forth in Section 8 shall remain ~ <br /> true and correct in all material respects. <br /> (3) Seller shall have executed and delivered or camed to be executed and I <br /> delivered to Purchaser and/or the Title Company, as herein provided, all documents, <br /> instruments and information required to be delivered by Seller. <br /> (4) SeHer shall have complied wjth all of its other obligations under this I <br /> Agreement <br /> 13. CLOSING. I <br /> (A) Provided all of the conditions to closing set forth in this Agreement have been I <br /> satisfied or waived by the parties, and this Agreement has not been tenninated by either party in <br /> accordance with the provisions hercin set forth, the closing hereunder (the "Closing") shall be <br /> through an eserow with the Title Company on the Closing Date. The Closing sha11 occur on or I <br /> before December --> 1997. <br /> (B) The Closing shall be effected in accordance with the following proeedure: I <br /> (1) Not less than five (5) days prior to the Closing Date, Purchaser shall cause <br /> the Title Company to prepare and deliver to Purchaser and Seller a preliminary closing -- <br /> statement for each party showing all amounts due from each party, including all closing <br /> costs and expenses computed as set forth in this Agreement. <br /> (2) On or before the Closing Date, Seller shall deliver or cause to be delivered I <br /> to the Title Company the following; <br /> (a) Full releases of all mortgages, deeds of trust and other financing I <br /> instruments affecting the Property, duly executed by the holders thereof, <br /> acknowledged and in proper form for recording. I <br /> (b) The Deed, in a fann reasonably approved by Purchaser and the <br /> Title Company. I <br /> (e) Such instrwnents and doewnents relating to the organization, I <br /> existence and authority of Seller as the Title Company sha11 require. <br /> (d) Such other documents, instruments, certificates and assurances as I <br /> shall be required by the provisions of this Agreement. <br /> (e) Seller's closing statement, duly executed. I <br /> 10 -. <br /> I <br />
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