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06/14/18
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06/14/18
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5. The cost of the owner's title insurance policy if Buyer elects to <br />purchase an Owner's title insurance policy. <br />6. State deed tax <br />d. Possession. Seller must deliver possession of the Property to Buyer at Closing. <br />14. REAL ESTATE BROKERS. Seller and Buyer represent and warrant to each other that <br />they have dealt with no brokers, real estate agents, finders or the like in connection with <br />this transaction, other than CBRE, Inc. ("Seller's Broker"), which represents Seller. <br />Seller shall pay Seller's Broker as required by their agreement. Seller and Buyer agree to <br />indemnify each other and to hold each other harmless against all claims, damages, costs <br />or expenses of or for any broker's fees or commissions resulting for their actions or <br />agreements regarding the execution or performance of this Agreement, other than the fees <br />payable to Seller's Broker, and will pay all costs of defending any action or lawsuit <br />brought to recover any such fees or commissions incurred by the other party, including <br />reasonable attorney's fees. <br />15. ASSIGNMENT. This Agreement may not be assigned without the written consent of <br />the non -assigning Party. <br />16. THIRD PARTY BENEFICIARY. There are no third party beneficiaries of this <br />Agreement, intended or otherwise. <br />17. JOINT VENTURE. Seller and Buyer, by entering into this Agreement and completing <br />the transactions described herein, shall not be considered joint venturers or partners. <br />18. CAPTIONS. The paragraph headings or captions appearing in this Agreement are for <br />convenience only, are not a part of this Agreement, and are not to be considered in <br />interpreting this Agreement. <br />19. ENTIRE AGREEMENT / MODIFICATION. This written Agreement, and the related <br />Development Agreement, if any, constitutes the complete agreement between the parties <br />and supersedes any prior oral or written agreements between the parties regarding the <br />Property. There are no verbal agreements that change this Agreement and no waiver or <br />modification of any of its terms will be effective unless in writing executed by the parties. <br />In the event the terms of this Agreement conflict with the terms of the Development <br />Agreement, the latter shall control. <br />20. BINDING EFFECT. This Agreement binds and benefits the Parties and their <br />successors and assigns. <br />21. CONTROLLING LAW. This Agreement is made under the laws of the State of <br />Minnesota and such laws will control its interpretation. <br />22. REMEDIES. <br />Page 8 of 14 <br />
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