Laserfiche WebLink
+0 <br />4W <br />C] <br />levels of Hazardous Materials on the Property, Seller shall, at its sole cost and expense and prior to <br />the closing, promptly commence and diligently pursue any assessment, clean up and monitoring of <br />f' the Property necessary to bring the Property into full compliance with any and all applicable Federal, <br />I state or local laws, statutes, ordinances, rules, regulations or other governmental restrictions <br />regulating, relating to, or imposing liability or standards of conduct concerning Hazardous Materials <br />("Environmental Law"), In the event that Hazardous Materials placed on the Property prior to <br />closing are discovered after closing, Seller shall remain obligated hereunder, with such obligation to <br />survive the closing and delivery and recording of the deed described in Section 9 of this Agreement <br />I and Purchaser's possession of the Property, to diligently pursue and accomplish the clean up of the <br />I Hazardous Materials in a manner consistent with all applicable Environmental Laws and at Seller's <br />sole cost and expense. <br />1 <br />l Further, in the event that no party elects to terminate this Agreement as provided above, Seller <br />shall indemnify and save harmless and defend Purchaser, its officers, servants, agents and employees <br />! from and against any and all claims, suits, actions, damages, liabilities, expenditures or causes of <br />action of whatsoever kind arising from the Hazardous Materials placed on the Property by Seller prior <br />to closing whether the Hazardous Materials are discovered prior to or after closing. Seller shall <br />defend, at its sole cost and expense, any legal action, claim or proceeding instituted by any person <br />against Purchaser as a result of any claim, suit, or cause of action for injuries to body, life, limb or <br />property for which the Hazardous Materials placed on the Property by Seller prior to closing are <br />alleged to be a contributing legal cause. Seller shall save Purchaser harmless from and against all <br />judgments, orders, decrees, reasonable attorney's fees, costs, expenses and liabilities in and about any <br />such claim, suit, investigation or defense thereof, which may be entered, incurred or assessed as a <br />result of the foregoing. <br />"rhe contractual limitation on Seller's contractual obligation to indemnify Purchaser as <br />specified in this Section shall not be construed to limit Purchaser's legal and equitable remedies <br />` against. Seller under any Environmental Laws ror Hazardous Materials located on the Property. <br />SECTION 5. SUIiVFY. Seller shall, at its sole cost and expense as soon as <br />practicable, but in any case by not later than December 3l, 2000, deliver to Purchaser a current <br />boundary survey of the property prepared by a professional surveyor and mapper licensed by the State <br />of Florida which meets the standards and requirements adopted by the Florida Department of <br />Professional Regulation, Board of Land Surveyors under Chapter 61G17, Florida Administrative <br />Code, or its successor in function ("Survey"). The Survey shall locate all improvements on and within <br />the boundary of the property. The Survey shall be certified to Seller, Purchaser, the title insurer and <br />its agent, and the date of certification shall be subsequently updated to within 30 days before the date <br />of closing, unless this 30 day time period is waived by the Purchaser and by the title insurer ror <br />purposes of deleting the standard exceptions for survey matters and casements or claims of easements <br />not shown by the public records from the owner's title policy. If the Survey shows any encroachment <br />