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Commercial Contract - Unimproved Property Concerning <br />d a e or personai injury. <br />Buyer's inspections, studies, omaess,S andndefendts, a and rSeller's a9 hgs agagraph survives <br />guyer will inderrinify, hold ha onsible under this paragraph. T p <br />invoiving a matter for which Buyer is resp <br />termination of this contract. <br />D. Pro ert Information: <br />of Pro ertInformation: Within days after the effectiVe date, Seiler will deliver to <br />(1) Delive lements, <br />Buyer. the Prope~Yincluding any modifications, supp <br />❑(a) copies of ali current leases pertaining to ~ that Buyer will assume or that Seiler <br />or amendments to the leases; <br />❑(b) copies of ali notes and deeds of trust against the Prope~Y I re orts, studies, or analyses <br />wili not pay in fuli on or before closing; eotechnica p <br />~(c) copies of ail previous environmentai assessments, g <br />made on or relating to the Property; for the previous 2 calendar years; <br />❑(d) copies property tax statements for the Property <br />p(e) plats of the Property; 's water and sewer service provider; <br />❑(fl copies of current utility capacity letters from the Property <br />and <br />❑ (9) <br />Pro ert Information: If this contract terminates for any reason, Buyer will, not later than <br />(2) Return of p ~ <br />ies <br />the termination date: (a) return to Seller all tho items those items; described and in (b) deliver Paragraph cop7D( <br />10 days after <br />and all copies that Buyer ma e se of assessment reports related to the Prop{ ~S contra t er completed or caused to <br />that of all m Seller spection delivered and to Buyer iv es termination o <br />be completed. This Paragraph 7D(2) surv <br />in O erations: Until closing, Seller: (1) will operate the Property in the same manner as <br />E. Gontracts Affectq p will not transfer or dispose <br />on the effective date under reasonably prudent business stand od a~n nof the p ersonal P P ro ert Y or other <br />interest or right in the Property, Y <br />of any part of the Property, any without <br />soflthe P ope y er may <br />ribed in Paragraph 26 or sold under this contr t affects the feasibiliter <br />items desc <br />not enter into, amend, or terminate any other contract t a <br />Buyer's written approvaL <br />8. LEASES: <br />lease Seller is to assign to Buyer under thasecontract must be. in full force an e ec <br />any existing lease, or <br />A. Each wntten <br />existing lease without Buyer's written consent. Seller e or <br />disclose, m according to its terms. Seller may not enter into any new e , fail to comply with <br />make any amendment or modifcation to any <br />' writin , if any of the following exist at the time Seller provides the.leases to the uy <br />9 <br />subsequently occur before closi ~y 9 w <br />(1) any fadure by Seller to comp ith SelleCs obligations under the leases; offsets <br />circumstances under any lease that entitle the tenant to terminate the lease or see any <br />(2) any <br />or damages; lease; <br />(3) any advance sums paid by a tenant under any <br />'ons bonuses, free rents, rebates, brokerage commissions, or other matters that a ec <br />(4) any concessi , <br />s payable under the leases that have been act igned or encumbered, except as securi <br />any lease; and <br />(5) any amount <br />for loan(s) assumed or taken subject to under this contra <br />B. Esto ithin days after the effective date, S~y eeachtenant that leases space <br />ppel Certificates: W <br />certificates signed not earli e~l tc ~ificates must state: <br />in the Property. The estopp l,~,~~C_~, page 5 of ~2 <br />r ' <br />Initialed for ldentification by Buye~, and SeUer0~1.~t.~d~ <br />(TAR-1802) 10-18-05 Montgomery - M. <br />zi L ix 18070 Fifteen Mile Road, F2ser, Michi9an 48026 w~`~+ ztp'X COm <br />Produced with ZipForrr~ bY P~ <br />- 000054 <br />