2021-08-11 CC Packet - Laserfiche WebLink

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on the later of (i) the Condition Date or (ii) a date thirty (30) days following approval of Final Plat by both the Centerville City Council and the Anoka County Examiner; provided, however, that Closing shall in no event occur between November 1, 2021 and April 30, 2022.. The Closing will take place at the office of Title or at such other date and time as the parties may mutually agree upon in writing. A. Seller's Closing Documents. On the Closing Date(s), Seller will sign at such Closing for the respective Lot, if Buyer elects to close in phases: (i) Warranty Deed. A Warranty Deed in recordable form acceptable to Buyer conveying the Real Property from Seller to Buyer, free and clear of any encumbrances except the Permitted Encumbrances. (ii) Seller's Affidavit. An Affidavit by Seller indicating that on the Closing Date there are no outstanding, unsatisfied judgments, tax liens or bankruptcies against or involving Seller or the Real Property; that there has been no skill, labor or material furnished to the Real Property for which payment has not been made or for which mechanic's liens could be filed; and that there are no other unrecorded interests in the Real Property together with any standard indemnity agreement required by Title to issue the Title Policy. (iii) FIRPTA Affidavit. A non-foreign affidavit, properly executed and in recordable form containing such information as is required by IRC § 1445(b)(2) and its regulations. (iv) Assignment. Assignment of all of the Documents and other documents relevant to the Project (at no cost to Buyer), Plans and any facets of the Property not covered by the Warranty Deed, in which Seller assigns all rights, title and interest in said Plans or Documents in form acceptable to the Buyer. (v) Final Plat. If not already recorded, the Final Plat which will evidence the subdivision of the Real Property into a separate tax parcel (or parcels). (vi) Additional Documents. Such other documents as Buyer may reasonably request to carry out the transactions contemplated under this Agreement. B. Buyer's Closing Documents. On the Closing Date, Buyer will sign and/or deliver to Seller the following (collectively, "Buyer's Closing Documents") at such Closing: (i) Earnest Money. The Buyer shall cause the Earnest Money to be released to the Seller. (ii) Additional Cash. The Additional Cash due at Closing, if any, by wire transfer of U.S. Federal Funds, cashier's check, cash or by certified check on the Closing Date payable to the Seller. 10