200400188 - Laserfiche WebLink

Browse

200400188 closing of the purchase and Sale of the property to be completed within 45 days following T_";.angle's receipt of Duennerman's written acceptance cf the offer represented by the sale notice, or as soon ::hereafter as may reasonably be possible. Notwithstanding t_be foregoing or any other provision or term in they sale notice to the contrary, the parties agree that, in the event Duennerman timely elects to accept the offer evidenced by a sale notice in accordance with the terms set forth herein, the following terms and provisiozns shall apply to and govern the purchase and sale of this property, and shall be incorporated into any final written agreement between the parties providing for the purchase and sale of the property: A.. At, the closing of the purchase and sale of the property, Duennerman shall deliver puyrent of the purchase price to Triangle in certified funds, subect to the normal proration for Neal estate taxes, assessments, and other charges contemplated hereunder; All closing coats shall be divided equally between the parties, inclL:ding the cost of title in3urance premiums, escrow closing agent fees, and other costs and expenses, however, Triangle shall pay any Nebraska documentary r.--amp taxes payable in connection with the sale of this prapel•ty And any capital gain tax related thereto. Duennerman shall he responsible for paying any fling fees payable upon recording of the Warranty Deed from Triangle and all costs and expenses related to inspection of the property performed at Duennerman's request; and At the closing of the purchase and sale of the property, Triangle shall execute, acknowledge and deliver tc Duennerman a Warranty Deed conveying to Duennezmar. marketable title to the property, free and clear of all liens, mortgages, deeds of trust, assessments, charges, leases (except those of wtUch are disclosed) and adverse claims of any kind, nat.,jre or Character whatsoever. 3. EALa - The right of first refusal is persona] to Duennerman and may only be exercised by Duennerman, and shall not be assignable to any other party or entity without express written consent of Triangle. 4. gLjjjdng Effec The covenants, terms and provisions ser forth herein shall be binding upon and inure to the benefit of the parties hereto. 5. Gnvernircr Law. This agreement of the parties evidenced hereby shali be gover.aed by and construed in accordance with the laws of the State of Nebraska. TRIANGLE PLAZA, LLC, A Wisconsin Limited Liability Company -2-