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12/13/2022 (2)
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12/13/2022 (2)
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Last modified
3/16/2023 12:17:21 PM
Creation date
3/16/2023 10:48:56 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
12/13/2022
Meeting Body
Board of County Commissioners
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DigiSign Verified: 8E3E7A25-30D4-4854-B8B3-D6A8A916EB6B <br />Attachment 3 <br />(i) No Unrecorded Encumbrances. There are no unrecorded easements, <br />restrictions or encumbrances affecting all or any part of the Property. <br />0) No Knowledge of Facts. There are no facts that prohibit it from closing the <br />transaction contemplated hereby in accordance with the terms hereof. <br />(k) No Untrue Statements. No representation or warranty by Seller, to Seller's <br />knowledge, in this Agreement or in any instrument, certificate or statement furnished to Buyer <br />pursuant hereto, or in connection with the transactions contemplated hereby, contains or will <br />contain any untrue statement of a material fact or omit to state a material fact necessary to make <br />the statements contained herein or therein not misleading. <br />(1) No Adverse Tax Matters. There are no agreements, waivers or other <br />arrangements providing for any extension of time with respect to the assessment of any type of tax <br />or deficiency against Seller with respect to the Property, nor to the best of Seller's knowledge, are <br />there any actions, suits, proceedings, investigations or claims for additional taxes and assessments <br />asserted by any taxing authority. <br />(m) No Mechanics' Liens. There are no mechanics' or materialmen's liens <br />against the Property and if subsequent to the Closing hereunder, any mechanics' or other liens <br />shall be filed against the Property or against Buyer or its assigns and not caused by Buyer, based <br />upon any act or omission occurring prior to the Closing on the Property, Seller shall take such <br />action, within ten (10) days after notice of the filing thereof, by bonding, deposit, payment or <br />otherwise, as will remove, transfer or satisfy such lien of record against the Property, at Seller's <br />sole cost and expense. <br />(n) No Parties in Possession. There are no parties in possession of any portion <br />of the Property, whether as lessees, tenants -at -sufferance, trespassers or otherwise and Seller has <br />made available to Buyer accurate information and complete copies of any and all service contracts <br />which are in Seller's files and to the best of Seller's knowledge. Seller has delivered or made <br />available all other reasonable due diligence materials requested in writing by Buyer which are in <br />Seller's possession. <br />At the Closing, Seller shall, in writing, reaffirm to Buyer pursuant to the <br />Seller's Certificate the truth and correctness, as of the date of the Closing, of each of the <br />aforementioned warranties and agrees to indemnify and hold Buyer harmless from and against any <br />and all loss or damage suffered by Buyer on account of the untruth or incorrectness of any such <br />warranties. The aforementioned warranties shall survive Closing for a period of 12 months. <br />13. Covenants of Seller. Seller hereby covenants with Buyer as follows: <br />(a) No Creation of Encumbrances. Between the Effective Date and the date of <br />Closing, Seller will not, without Buyer's prior written consent, which shall not be unreasonably <br />withheld or delayed, create by its consent any encumbrances on the Property. For purposes of this <br />provision the term "encumbrances" shall mean any liens, claims, options, mortgages or other <br />encumbrances, encroachments, rights-of-way, leases, easements, covenants, conditions or <br />restrictions. <br />144 <br />14, rtil <br />
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