HomeMy WebLinkAbout1739 payments has been placed in trust with Frank Newman,
attorney for SELLER; and SELLER agrees to hold BUYER
harmless and indemnify it from any liability for said
utility bills incurred prior to October S, 1980.
8. SELLER covenants and agrees that all bills for
goods, supplies or services of whatsoever nature, except
as specifically set forth herein, have been paid, will be
paid from the proceeds of closing, or a sufficient amount
credited to Buyer
of money has been ,
~ to make said payments; and SELLER
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holds harmless and indemnifies BUYER from any liability
of whatsoever nature thereon.
9. The Contract for the sale and purchase of the
premises- provided in Paragraph 14 of the Addendum that
said purchase was contingent upon transfer of the BEST
- WESTERN franchise to BUYER. Insofar as is presently known
to the parties, all things necessary to accomplish said
transfer have been done; however, SELLER covenants and
agrees to execute any and all documents and give any and
all information that may be required in the future to
f accomplish said transfer.
10. The Contract for the sale and purchase of the
premises provided for the transfer of the Beverage Depart-
ment liquor license to BUYER. Insofar as is presently
known to the parties, all things necessary to accomplish
said transfer have been done; however, SELLER covenants
' . and agrees to execute any and all documents and give any
and all information that may be required in the future to
accomplish said transfer.
11. SELLER covenants and agrees that said PROPERTY
conforms to all local, state and federal ordinances,
statutes; rules, regulations or codes; and agrees to hold
~ harmless and indemnify BUYER for any corrections due to
non-conformance or non-compliance for conditions occurr-
ing prior to October 9, 1980.
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X340 ~~~739
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