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1989-11-02-R
CITY-OF-BATESVILLE
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1989-11-02-R
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6/8/2016 1:54:18 PM
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problems which may result or occur at any date subsequent <br /> to the date of execution of this instrument by or as a <br /> result of any activities by, for, on behalf of, or at the <br /> direction of Buyer . <br /> Time is of the essence to this provision, and the <br /> parties agree that the time deadlines specified herein <br /> shall be strictly complied with and that either party may <br /> insist on strict enforcement --' of such dealines . <br /> Furthermore, the deadlines specified herein shall apply <br /> regardless of the type or nature of the defect, and <br /> particularly regardless of whether the defect is latent or <br /> hidden in any way. <br /> Provided, the parties agree that the air conditioning <br /> compressor must be repaired or replaced, and that Seller <br /> has and does agree to make such repair or replacement at <br /> its own cost and expense. <br /> (c) Notwithstanding the foregoing, Seller makes no <br /> warranty or representation as to the structure itself, and <br /> Buyer, by execution of this instrument, obligates itself to <br /> purchase the property in its present condition, as is, <br /> where is, without warranties or representations of any kind. <br /> 7 . Casualty Losses Prior to Closing : In the event of any <br /> damage or destruction of the property prior to closing, Seller <br /> shall be absolutely entitled to all proceeds of any insurance <br /> policies on the property. Seller shall further have the option, <br /> -10- <br />
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