Resolution 2000-26 - Laserfiche WebLink

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(a) At the closing of the Parcels, the Seller shall deliver to the Purchasers the following: I(i) Fully good and sufficient executed and acknowledged general warranty deeds conveying to Purchasers good and merchantable title to Parcel 1 and conveying to City good and merchantable title to Parcel 2, free and clear of all liens, tenancies and encumbrances except those set forth in Paragraphs 6 (a) and 6 (b) above; (ii) Fully good and sufficient executed and acknowledged Conservation Easements as described in Paragraph I 2 (b) of this Agreement, free and clear of all liens, tenancies and encumbrances except those set 1 forth in Paragraph 6 (a-c) of this Agreement; (iii) Possession of the Parcels, free and clear of all existing leases and tenancies; ' (iv) Documents acceptable to Purchasers and the title company evidencing the authority of Seller to execute this Agreement and to convey a fee simple , interest in the Parcels, and the Conservation Easements, to the Purchasers; (v) All instruments, certificates, affidavits, and other documents necessary to satisfy the Requirements listed on Schedule B-1 of the title commitment; (vi) A current, update of the title commitment, at Seller' s expense, showing tittle subject only to the permitted exceptions determined by Paragraph 6 (a-c) of this Agreement. Seller shall cause the title company to issue its standard form Owner' s Policy of Title Insurance insuring good and merchantable title to Parcel 1 in Purchasers and insuring good and merchantable title to Parcel 2 in the City and insuring the Conservation Easements on the Lots, with the standard printed exceptions deleted, and subject only to the permitted exceptions as determined in Paragraph 6 (a-c) of this Agreement; (vii) A certification that the representations and warranties of Seller pursuant to Paragraphs 10 and 15 hereof continue to be true and correct as of the BOWES PURCHASE AGREEMENT, DIVISION OF LAND -8- , 8- , I ,