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Commerciai Contract - Unimproved Property Concerning Corner of Loo 286 and Hw.y 82 West <br />Buyer's inspections, studies, or assessments, inciuding any property damage or personal injury. <br />claim <br />Buyer will inderrinify, hold harmlesss es ible undeerth sdpa Seller's Th sS paagainst ragraph survives <br />mvolving a matter for which Buyer i pons <br />termination of this contract. <br />D. Propertv Information: <br />(1) Qg;;v°^vof Propertv Information: Within - days after the effectiVe date, Seller will deliver to <br />Buyer: lements, <br />❑(a) copies of all current leases pertaining to the Property, including any modifications, supp <br />or amendments to the leases; <br />❑(b) copies of all notes and deeds of trust against the Property that Buyer will assume or that Seller <br />will not pay in full on or before closing; <br />10 (c) copies of all previous environmental assessments, geotechnical reports, studies, or analyses <br />made on or relating to the Property; ❑(d) copies property tax statements for the Property for the previous 2 calendar years; <br />C] (e) plats of the Property; <br />❑(f)i copies of current utility capacity letters from the Property's water and sewer service provi er; <br />and <br />0 (9) <br />(2) RPturn of Propertv Information: If this contract terminates for any reason, Buyer will, .not later than <br />10 days after the termination date: (a) reteS thaSBlueal made of those 'tems; and (b) de ver cop'ies <br />that Seller delivered to Buyer and all copi Ye <br />of all inspection and assessment reports related to the Property that Buyer completed or caused to <br />be completed. This Paragraph 7D(2) survives termination of this contract. nner E. Contracts Affectina Operations: Until closingent busine ss istand adst and (2j w II n samansfee o ad spose <br />ther <br />on the effective date under reasonably prud <br />of any part of the Property, any interest or rig ~tthis the contract After the feasibe ity per od propertds, Selle ~may <br />items described in Paragraph 26 or sold unde <br />not enter into, amend, or terminate any other contract that affects the opetations of the Property without <br />Buyer's written approval. <br />8. LEASES: e.in <br />and A. Each written lease Seller is to assign to Buyeru n W jease fa I to complybwith any ez sting leaseeor <br />according to its terms. Seller may not enter into any <br />make any amendment or modification to any existing Seller prov des the Sebller <br />disclose, in writing, if any of the following exist at te <br />subsequently occur before closing: leases; (1) any failure by Seller to co nly with thlat obligations <br />t nantdto term nate the lease or seek any offsets <br />(2) any circumstances under ay lease <br />or damages; <br />(3) any advance sums paid by a tenant under any lease; <br />(4) any concessions, bonuses, free rents, rebates, brokerage commissions, or other matters that affect <br />any lease; and <br />(5) any amounts payable under the leases that hav s cbeen ontractigned or encumbered, except as security <br />for loan(s) assumed or taken subject to under th estop B. Esto el Certificates: Wthin days after the effective date, S py eaclh tenlant th a leases spap eI <br />certificates signed not earlier than <br />in the Property. The estoppel certificates must state: <br />E----nd Sellerd2a,CE5n- Page 5 of 12 <br />(fAR-1802) 10-18-05 Initialed for ldentifcation by Buyer~_K. <br />Montgomcry - M <br />ProduCed with ZipForm(D by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 wYnv zipLoqix com <br />- 000081 <br />