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2. Purchase Price and Manner of Payment The total purchase price ( "Purchase • Price") to be paid by Buyer to Seller for the Property shall be Three Hundred Twenty-Five Thousand and Noi 100 Dollars ($325,000.00) and shall be payable as follows: (a) ;5,000.00 as eanest money, the deposit of which i: hereby acknowledged. (b) S320,000.00 in cat or by wire transfer of U.S. Federal Funs to be paid en the Closing Date. Contingencies. The obligations of Buyer, trader t: ".is Agreement are contingent upon each of the following: (a) Represeutatiops jgd Warranties. The representations and warranties of Seller contained in this Agreement must be true now and on. the Closing Date as if made on the Closing Date and Seller shall hew delivered to Buyer at, closing a certificate dated the Closing Date, signed by an authorized representative of Seller, certifyir:.g that such representations and warranties are true as of the Closing Date (the "Bring -down Certificate"). (b) Mlle. Title shah have been found acceptable, or been made acceptable in accordance with the requirements and terms of Section 6 below. (0) ferfortnaace of Seller's Ob1ieations. Seller shall have performed all of the obligations required to be performed by Seiler under this Agreement.,. as and when required by this Agreement Included within the obligations of Seller under this Agreement shall be the following: (0 Seller shall allow Buyer, and Buyer's agents, access to the Rea' property without charge and at all reasonable times for the purpose of Buyer's investigation and testing the same. Buyer shall pay all costs and expenses of such investigation and testing and shall hold Seiler and the Real Property hartnless from all costs and liabilities relating to the Buyer's activities. Buyer shall further repair and restore any damage to the Real Property caused by or occurring during Buyer's testing and return the Real Property and/or Personal Property to substantially the same condition as existed prior to such entry. (ii) Seller shall, at its cost and expense, cause the Real Property to be surveyed by a Registered Land Surveyor properly licensed to practice in the State of lelinnesota and reasonably acceptable to Buyer. The survey shall be prepared in accordance with the requirements of Exhibit E and shall be delivered to Buyer one month before the Closing Date. (iii) Cho or before June 3, 1949, Seiler shall deliver to Buyer true and comet copies of all Leases, Contracts, Permits, Warranties, Plans. Records and Pertained Encumbrances for Buyer's review end analysis. 2 •