MAY 21, 1997 (2) - Laserfiche WebLink

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3. The Seller agrees to pay any other miscellaneous filing fees that are necessary, to close not in excess of $500. Any amount over $500 shall be bore by the purchaser. Inspections: 1. Purchaser acknowledges that Seller has made no xvarcanties or representations pertaining to the quali~' or condition of the real estate and that Purchases has inspected the premises and agrees to purchase real estate in an "as is" condition provided, however, Purchaser may have the premises inspected by reputable and qualified parties x~ithin 10 days after the acceptance of this offer. If such inspection is made and xwitten reports reveal either termite infestation or damage, detects in the roof or tbundation, heating, air-conditioning, plumbing or electrical systems which cannot be repaired or remedied for a total cost of $1,000 --One Thousand Dollars and 00/100-- or less, Seller shall have the fight, unless condition is waived by Purchaser to cancel this contract in which event the earnest money shall be promptly returned to Purchaser. If repairs can be made tbr the amount stated above or less. Seller shall pay such costs. Defaults: If Seller through no fruit of Seller, is unable to convey marketable title as required by this Contract and the defect or defects are not waived by the Purchaser, Seller's sole obligation shall be to return the earnest money and any money expended for survey; however, Purchaser shall have the right to pay and satisfy, any existing liens not otherwise assumed by Purchaser and deduct that amount t¥om the purchase price. [f Seller refuses to perform as required, Purchaser may pursue all available legal and equitable remedies. If Purchaser refuses to perform as required by this Contract, Seller may either elect to pursue all available legal or equitable remedies or declare a tbrfeiture hereunder and retain the earnest money as liquidated damages. Closing: 1. The transaction shall be closed at a time and a place acceptable to the parties but not later than June 25, 1997. Either part?,., may request and receive a 15 day extension of the closing date in the event the transaction cannot be closed by the original date. 2. Possession of the real estate shall be delivered to Purchaser at closing. THIS OFFER SHALL EXPIRE IF WRITTEN ACCEPTANCE HEREON lS NOT DELIVERED TO PURCHASER BEFORE MAY 15, 1997 at 3 P.M.. Dated: ~/C~10~2 Dated: -~'7/(~-~fl Purchaser: ~, "~:3%~ ~'~¢'~ I ~ Purch~er: ~.' ~~' Title: Board President of Mooresville Title: Administrator of Mooresville