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2000-02-23 Packet
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2000-02-23 Packet
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earlier of the Contingency Date or the date when Buyer shall give notice to Seller that the <br /> contingencies which are to have been satisfied on the Contingency Date have been waived or <br /> satisfied (the "Closing Date "). The Closing shall take place at 9:00 am. local time at the office <br /> of Title or at such other place as may be agreed to. Seller agrees to deliver possession of the <br /> Property to Buyer on the Closing Date. <br /> A. Seller's Closing Documents. On the Closing Date, Seller shall execute and/or <br /> deliver to Buyer the following (collectively "Seller's Closing Documents "): <br /> ( aced. A Warranty Deed, in form reasonably satisfactory to Buyer, conveying the <br /> Real Property to Buyer, free and clear of all encumbrances, except the Permitted <br /> Encumbrances hereafter defined. <br /> (2) Bill of Sale. A Warranty Bill of Sale, in form reasonably satisfactory to Buyer, <br /> conveying the Personal Property to Buyer, free and clear of all encumbrances. <br /> \ (3) Assignment of Contract;. An Assignment of Contracts, in form reasonably <br /> satisfactory to Buyer, conveying with warranties the Contracts, if any, to Buyer, <br /> free and cleat of all encumbrances, together with the consent of all parties having <br /> a right to consent to such Assignment. <br /> (4) Assignment of Pernnit %. An Assignment of Permits, in form reasonably <br /> . satisfactory to Buyer, conveying with warranties the Permits to Buyer, free and <br /> " clear of all encumbrances, together with the consent of all parties having a right to <br /> consent to such Assignment. <br /> 5) Assignment of Warranties. An Assignment of Warranties, in form reasonably <br /> satisfactory to Buyer, conveying with warranties the Warranties to Buyer. free <br /> and clear of all encumbrances, together with the consent of all parties having a <br /> right to consent to such Assignment. <br /> (6) Title Policy. The Title Policy, or a suitably marked up Commitment for Title <br /> Insurance initiated by Title, in the form required by this Agreement. <br /> (7) $rine -down Certificate, The Bring -down Certificate. <br /> (8) Seller's Affidavit. An Affidavit of Title by Seller indicating that on the Closing <br /> Date there are no outstanding, unsatisfied judgments, tax liens or bankruptcies <br /> against or involving Seller or the Real Property; that there has been no skill, labor <br /> or material furnished to the Real Property for which payment has not been trade <br /> or for which ruecbanies• liens could be filed; and that there are no other <br /> unrecorded interests in the Real Property, together with whatever standard <br /> owner's affidavit and/or indemnity (ALTA Form) which may be required by Title <br /> to issue an Owner's Policy of Title Insurance with the standard exceptions waived. <br /> 4 <br />
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