Res_11487 - Laserfiche WebLink

Home

predecessors on equipment or improvements pertaining to the acquisition, constriction, design, use, operation, management,or maintenance of the Property. 1.2 Exhibits.Attached hereto and forming an integral part of this Agreement are the following exhibits, all of which are incorporated into this Agreement as fully as if the contents thereof were set out in full herein at each point of reference thereto: Exhibit A— Escrow Agreement Exhibit B— Legal Description of Land Exhibit C— Rent Roll Exhibit D— List of Permits and Licenses Exhibit E— List of Personal Property Exhibit F— List of Plans Exhibit G— List of Contracts Exhibit H— Form of Tenant Estoppel Certificate Exhibit I—Form of Option Agreement Exhibit J—Form of Management Agreement Exhibit K—Permitted Title Exceptions 2. Purchase and Sale of Propertx.Subject to and in accordance with the terns and provisions hereof, Seller agrees to sell to Buyer,and Buyer agrees to purchase from Seller,the Property. 3, Purchase Price and Manner of Payment. The consideration for the Property will include (1) the Option agreement and (2) the cash Purchase Price. The total cash purchase price("Purchase Price") for the Property is$2,300,000.00 payable as follows: 3.1 $10,000.00 as earnest money, which will be deposited by Buyer with Title Company within one business day after the Contract Date (the"Initial Earnest Money") to be held, invested, and disbursed by Title Company in accordance with the Escrow Agreement. 3.2 hi the event all of the contingencies set forth in Section 4 hereof have been satisfied, performed, waived,or deemed waived by Buyer on or before the Contingency Date and Buyer has delivered to Seller the Notice to Proceed as described in Section 4.7, Buyer will deposit within one business day after the Contingency Date, an additional amount of$1,000.00(the"Additional Earnest Money"referred to collectively with the Initial Earnest Money as the"Earnest Money") in cash or by wire transfer of U.S, federal funds which sum will be held by Title Company in accordance with the Escrow Agreement. 3.3 The balance of the Purchase Price as adjusted by the prorations and credits specified herein will be paid in cash or by wire transfer of U.S,federal funds on or before 12:00 noon central time on the Closing Date, 3A Option, The Option agreement attached hereto as Exhibit I("Option")will be signed by Buyer and delivered to Seller in recordable form on or before 12:00 noon central time on the Closing Date, Page 5 of 38