6.C.(4) Resolution No. 2503 - Laserfiche WebLink

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Closing, Seller shall assure that any occupants of the Property conduct business on the Property in the manner in which it heretofore has been conducted, incompliance with all federal, state, and local environmental laws and regulations. Neither Seller nor any occupant shall create on the Property any easements or other encumbrances, except as herein specifically authorized, which would prevent Seller from conveying title to Purchaser subject only to such exceptions as herein permitted. Seller shall further reii-ain from entering into or extending any lease of the Property or altering any interest the Seller may have to the detriment of the Purchaser, unless the Seller first obtains the written consent of the Pw~chaser. In the event that a lease, easement or encumbrance exists with respect to the Property which survives the Closing and does not appear on the Title Commitment, Purchaser shall have the option to terminate, or be deemed the successor in interest to, any such easement, lease or encumbrance, and the Seller hereby agrees to indemnify and defend the Purchaser for any alleged claims or damages resulting from the Purchaser's actions with respect to terminating such casements, leases or encumbrances. e. Except for any items to be assumed by Purchaser or to be prorated as set forth in this Contract, Seller shall be solcl}~ liable Car the payment of all expenses, liabilities, obligations, and claims arising out of Seller's ownership and use of the Property prior to Closing. f. Seller will demolish building, abate any environmental condition and remove all debris and material from site by the date of Closing, in compliance with all State and Pcderal laws, including Indiana Department of Environmental Management and Environmental Protection Agency Guidelines and Regulations. Seller shall have all salvage rights to material from the building. g. Seller shall have caused all occupants and tenants to have vacated the Property on or before Closing, or shall take reasonable steps to have occupants and tenants surrender possession of the Property after Closing in a time frame reasonably satisfactory to Purchaser. If a Seller, as the date of Closing, does not notify the Purchaser, in writing, of a change in any of the foregoing warranted conditions, such warranties and representations shall be deemed to be effecrive as of the date of Closing in addition to the date of this Agreement. 6. Seller Closing Documents. At the tune of Closing the conveyance of the Property to the Purchaser, the Seller shall execute (as applicable) and deliver to the Purchaser: 3