2006-02-22 CC Packet - Laserfiche WebLink

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15. ENTIRE AGREEMENT. This document constitutes the entire agreement between the parties. No representations, warranties or promises pertaining to this Agreement or the Property shall be binding on any of the parties, except as expressly stated herein. This Agreement may not be changed orally, but only by an agreement signed by the parties. 16. HEADINGS. Headings in this Agreement are for convenience only and shall not be used to interpret or construe its provisions. 17. GOVERNING LAW. This Agreement shall be governed by and construed in accordance with the laws of the State of Minnesota, irrespective of the domicile of the parties. 18. SURVIVAL. The warranties and representations contained herein shall survive the Closing and delivery of the Deed provided, however, that no action, in law or in equity, alleging breach of the warranties and representations herein shall be commenced more than one year from the date of Closing. 19. BINDING EFFECT. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. 20. TIME IS OF THE ESSENCE. Time is of the essence in the performance of the terms and conditions of this Option. 21. SAVINGS CLAUSE. If any term or condition of this Agreement is held to be invalid or enforceable, such term or condition shall not be enforced but all other terms and conditions of this Agreement shall be deemed in full force and effect. 22. COUNTERPARTS. This Agreement may be executed In any number of counterparts, each of which shall be deemed to be an original but all of which, taken together, shall constitute the same instrument. 23. NO RECORDING. Buyer shall not record this Option, or any memorandum thereof, against the Property. 7 i/