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BONASERA - REAL PROPERTY AGMT 1999
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BONASERA - REAL PROPERTY AGMT 1999
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10/23/2007 12:35:27 PM
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10/16/2007 3:55:58 PM
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LONG TERM AGREEMENTS
LONG TERM AGREEMENTS - DOCUMENT DATE
5/1/1999
LONG TERM AGREEMENTS - NAME
BONESERA
LONG TERM AGREEMENTS - TYPE
MISC AGMT
LONG TERM AGREEMENTS - RECORD SERIES
704-06
LONG TERM AGREEMENTS - DESTRUCTION DATE
PERMANENT
LONG TERM AGREEMENTS - NOTES
REAL PROPERTY
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<br />and other physical characteristics of the Property, on or <br />before s-i~-,~ (6~ days from the date of this Agreement. <br />-~c,zry..o,~e CJs ~~ ~~ <br />4.1.3. Hazardo~~ Waa Buyer's review <br />and approval within 60 days of the industrial hygiene and <br />environmental condition under or about the Property, <br />including, but not limited to, soil, groundwater conditions, <br />building materials, for violations of federal, state, or <br />local law, ordinances or regulations relating to industrial <br />hygiene or environmental conditions, and inspection for <br />Hazardous Materials. <br />4.1.4. Sell_ar's Repr ~ n atinnS, All of <br />Seller's representations and warranties contained in or made <br />pursuant to this Agreement shall have been true and correct <br />when made and shall be true and correct as of the Closing <br />Date and Seller shall have complied with all of Seller's <br />covenants and agreements contained in or made pursuant to <br />this Agreement. <br />4.1.5. AS IS CONDITION. Parties <br />acknowledge that the above 60 day periods are for the Buyer <br />to be satisfied as to the condition of the property; and that <br />if Buyer is satisfied they acknowledge that said property and <br />building will be purchased in its AS IS CONDITION including <br />all PATENT and LATENT CONDITIONS. <br />5. Escrow. <br />5.1. Opening of Escrow. Buyer shall open 'an <br />escrow account (the "Escrow") with Title <br />Insurance Company of California ("Escrow Holder" or "Title <br />Holder"), , California <br />This Agreement shall constitute escrow instructions to <br />Escrow~Holder from Seller and Buyer, together with Escrow <br />Holder's general conditions and such other escrow instructions <br />as are consistent with the terms of this Agreement and which may <br />be necessary in order to consummate the purchase and sale <br />contemplated hereby (such general conditions and escrow <br />.instructions shall be collectively referred to herein as the <br />("Escrow Instructions"). Seller and Buyer agree to execute the <br />Escrow Instructions within ninety (90) days after the date of <br />this Agreement. <br />5.2. Delivery of Seller's Documents. Before the <br />close of Escrow, Seller shall deposit into Escrow the following: <br />5.2.1. The duly executed and acknowledged <br />Grant Deed as required by Section. 3.1 above; <br />5.2.2. Any other documents, instruments, <br />records, correspondence or agreements called for hereunder <br />which have not previously been delivered. <br />-2- <br />
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