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  2. Board Of Aldermen - Agenda - 11/10/2020 - P33

Board Of Aldermen - Agenda - 11/10/2020 - P33

By dnadmin on Sun, 11/06/2022 - 22:53
Document Date
Fri, 11/06/2020 - 14:10
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 11/10/2020 - 00:00
Page Number
33
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__111020…

current activities of other unit owners. To the best of Seller’s knowledge, the
Premises complies in all material respects with all applicable federal and state
environmental laws and regulations. Seller has not received any written notice
from any governmental authority or any written complaint from any third party
with respect to its alleged non-compliance with, or potential liability under, any
environmental laws and regulations.

(i) There are no rights of first refusal or options to purchase associated with the
Premises.
(j) Seller has authority to enter into this Agreement and will provide necessary

authority documents at the Closing.
These representations shall survive the Closing.

Other than the representations contained above and the warranty of the proposed
Warranty Deed, Seller makes no representation or warranty as to fitness, merchantability,
condition or use of the Premises for any particular purpose as the Premises is sold “AS-IS”.

9. DEFAULT AND REMEDIES. In the event that Buyer defaults in the performance of its
obligations hereunder, Seller shall be entitled to retain the Deposit as reasonable liquidated
damages.

10. ACCESS TO THE PREMISES. The Seller hereby grants to the Buyer, its agents and
independent contractors, access to the Premises to undertake such activities as may be necessary
for the Buyer to exercise its rights this Agreement. The Buyer shall restore any portion of the
Premises disturbed by the Buyer in connection with such activities. Buyer, its agents and
independent contractors, shall use their best efforts to minimize the disturbances and impact on
Seller during such activities and shall indemnify and hold harmless Seller from any damages
resulting from such activities.

11. BROKERAGE. Seller and Buyer represent and warrant to each other that neither has
dealt with any real estate broker, agent or salesperson in connection with this transaction. Each
party agrees to defend, indemnify, and hold the other harmless from any claims, costs,
judgments, or liabilities of any kind advanced by persons claiming real estate brokerage fees
through the indemnified party. The indemnities set forth in this Section shall survive closing.

12. PERSONAL PROPERTY INCLUDED. Buyer is unrepresented. Buyer is represented
by Ron Fredette of KW Commercial NH. .

13. ADJUSTMENTS, PRORATIONS AND CLOSING COSiTS.
(a) Real Estate taxes, assessments, special assessments, rents, water bills, sewer,

utilities and condominium association fees, shall be prorated as of the Closing,
and the Selling price shall be adjusted accordingly.

Page Image
Board Of Aldermen - Agenda - 11/10/2020 - P33

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