AG 2002 05 13 (Recessed) - Laserfiche WebLink

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If to Seller: Concord, North Carolina Attention: Phone: Fax: If to Purchaser: Cambridge Properties, Inc. 1043 East Morehead Street, Suite 202 Charlotte, North Carolina 28204 Attention: George L..Maloomian Phone: (704) 333-2393 Fax: (704) 333-2394 6. Evidence of Title and Development Documents. Seller agrees to exercise its best efforts to deliver to Purchaser within ten (10) days after the Effective Date, copies of all title information in its possession or available to Seller, including but not limited to: title insurance policies, attorney's opinions on title, surveys, covenants, deeds, notes and deeds of trust and easements relating to the Property. 7. Assionment. Purchaser may assign this Agreement to any entity or individual provided Purchaser remains liable hereon. 8. Labor Qr Materials. Seller shall furnish the title insurance company prior to Closing with such documents as shall induce Purchaser's title insurance company to issue title insurance without exception for mechanic's liens. 9. Parties. This Agreement shall be binding upon and shall inure to the benefit of the parties and their successors and assigns. 10. S~lrvival. Any' provisions herein contained which'by its nature and effect- if ' required to be observed, kept or performed after the Closing'shall survive the Closing and remain binding upon and for the benefit of the parties hereto until fully observed, kept or performed. 11. ' Entire Agreement. This Agreement contains the entire agreement of the parties and there are no representations, inducements, or other provisionsother than those expressed in writing. All changes, additions or deletions hereto must be in writing and signed by all parties. ,~, t I ~. ., .... ,~_ ~- ~ · . y, 's 12. a~. The partie..~s.eEknowledge that this Sale bel~Ween Seller and ' Purchaser was brought about with ~ervice of Tr~,nswestern Perciva ("Broker") and Broker of record for this sale ~'.¢cr .:§rcc~. to po;' '~ ......... &l ~ ': ' ' ' · --6tesir~:j~. Each party agrees to indemnify and hold harmless the other· from and against any and all claims, demands, or suits, or the cost and expense thereof including reasonable attorney's fees, arising out Of any commission, fee or other compensation due or alleged to be due to any other real estate broker or real estate agent in connection with {he transaction contemplated by this Agreement based on an agreement alleged to have been made or other action alleged to have been taken by the indemnifying party. 13. Time. Time is of the essence in this Agreement. This'provision shall survive the Closing hereof. 14. Risk of Los~. Prior to Closing, ail risks of loss·or damage by every casualty shall be borne by the Seller. 15. Eminent Domain. If prior to the date of Closing of this Agreement, all or any part of the Property is taken by eminent domain, the Purchaser may, by written notice to the