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9b. Attachment C <br />the Property prior to closing. The Buyer may inspect the Property immediatelypriorto closing in <br />order to ensure that removal of all debris and personal property has been completed. <br />Escrow. <br />(e) In the event that removal of debris and personal property has not been <br />completed bytheSeller at closing, the Buyer may require that funds be retained from the purchase <br />price for the Property as an escrow for payment of the estimated cost of debris and personal <br />property removal and disposal charges. The Buyer may also require that funds be retained from <br />the purchase price for payment of utility charges. The retained amount(s), less deductions <br />provided for this in paragraph 8, will be delivered to the Seller no later than 60 days following the <br />Closing Date or delivery of possession, whichever is later. Said funds shall be held by Kennedy <br />& Graven, Chartered, as Escrow Agent, pursuant to the terms of the Escrow Agreement attached <br />here as Exhibit B. The provisions of this paragraph shall not merge with the deed andshall survive <br />closing on the Property. <br />Amounts Due. <br />(f) The Buyer’s ability to deduct amounts due under this paragraph <br />from the retained escrow is not exclusive but is in addition to the Buyer’s rights at law and equity <br />to collect such amounts from the Seller. The Seller is responsible for the amounts due under this <br />paragraph even if: (i) the Buyer neglects to deduct the amount from escrow; or (ii) the escrowed <br />amount is insufficient to pay all amounts due under this paragraph 8. <br />Seller Warranties. <br />9.The Seller hereby represents and warrants to the Buyer as <br />of the Closing Date that: <br />Title. <br />(a)The Seller has good, indefeasible and marketable fee simple title to the <br />Property. <br />Condemnation. <br />(b)There is no pending or, to the actual knowledge of the Seller, <br />threatened condemnation or similar proceeding affecting the Property or any portion thereof, <br />and the Seller has no actual knowledge that any such action is contemplated. <br />Defects. <br />(c)The Seller is not aware of any latent or patent defects in the Property, <br />such as sinkholes, weak soils, unrecorded easements and restrictions. <br />Legal Compliance. <br />(d)The Seller has complied with all applicable laws, <br />ordinances, regulations, statutes, rules and restrictions pertaining to and affecting the Property <br />and the Seller shall continue to comply with such laws, ordinances, regulations, statutes, rules <br />and restrictions. <br />Legal Capacity. <br />(e)The Seller has the legal capacity to enter into this <br />Agreement. The Seller has not filed, voluntarily or involuntarily, for bankruptcy relief within the <br />last year under the United States Bankruptcy Code, nor has any petition for bankruptcy or <br />receivership been filed against the Seller within the last year. <br />Sewer and Water. <br />(f)The Seller warrants that the Property is connected to City <br />sewer andCity water. <br /> <br />