PURCHASE AND SALE AGREEMENT
. THIS AGREEMENT made this day of , 2017
between the City of Nashua (“SELLER”), a municipal corporation organized under the laws of
the State of New Hampshire with a principal place of business at 229 Main Street, Nashua, NH
03061 and Southern New Hampshire Medical Center (“BUYER”), a non-profit corporation
existing under the laws of the State of New Hampshire with its principal place of business at 8
Prospect Street, Nashua, NH 03060.
. WITNESSETH: That SELLER agrees to sell and convey, and BUYER agrees to purchase, for
the purchase price and subject to every one of the terms and conditions hereafter set forth, the
real property located on the east side of Medical Center Drive between East Hollis Street and
John Street in the City of Nashua, New Hampshire, known as or more particularly described as
Nashua Assessor’s Sheet 31, Lot 12, containing 21,780 square feet +/-, being used as a parking
lot (“PROPERTY”).
. The SELLING PRICE is Three Hundred Thousand Dollars ($300,000.00).
Balance Due: Cash, Certified Check, Bank Draft or Wire Transfer payable to SELLER on the
date of transfer of title in the sum of $300,000.00.
. DEED: At CLOSING, upon payment of all amounts due, SELLER shall deliver to BUYER a
duly executed quitclaim deed to the PROPERTY.
. PROPERTY CONDITION: The PROPERTY is sold AS IS, WHERE IS condition, without
any warranty as to its use or condition whatsoever, subject to all tenants and rights of use or
possession, limitations of use by virtue of prior land use approvals, outstanding municipal
charges for sewer, water or betterment assessments, connection or capacity charges for the same,
or other matters of record which may impact the use of, or title to, the PROPERTY, if any,
including mortgages, equity lines of credit, liens, attachments, and any State and Federal tax
liens which have survived SELLER’S acquisition of PROPERTY. Further, the SELLER does
not in any way warrant or guarantee the availability of any municipal permits or approvals for
the PROPERTY; it being the responsibility of the BUYER to apply for any required permits or
approvals.
. TRANSFER OF TITLE: The transfer of title to the PROPERTY shall take place at Nashua
City Hall, 229 Main Street, Nashua, NH 03161, on an agreed upon date, time being of the
essence (“CLOSING”).
. DISCLAIMER: Except as expressly provided in this Agreement, SELLER hereby disclaims all
warranties of any kind or nature whatsoever, whether express or implied and BUYER
acknowledges that it is not relying on any representations of any kind or nature made by
SELLER, or any of its employees or agents, with respect to PROPERTY.
. PRORATIONS: Not applicable.
. RECORDING FEES AND TRANSFER TAX: BUYER shall be responsible for all recording
fees and transfer taxes which may be assessed with respect to this conveyance.
