R2000-256 AUTHORIZING LAND PURCHASE

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search charge as to Buyer and the cost of any mortgage title insurance policy, if any, and the cost of any endorsements which Buyer may request be attached to said policy. I 3. Buyer shall pay the Sellers the balance of the purchase price at the of�ce of Central Illinois Title, or a mutually agreeable location, on the closing date, which shall be I on or about January 2, 2001. �, 4. At closing, the Sellers shall pay for transfer ta�c stamps and shall pay for or give Buyer credit for general real estate taxes For all prior years and for the Sellers' pro rata share of such taxes for the year in which the closing occurs. The Sellers shall further pay or give Buyer credit for any special assessments which are a lien against the premises. Credit for general real estate taxes shall be computed on the basis of the most current tax information available at the time of closing. 5. The sale shall be of the real estate in an "as is" condition, and the parties expressly agree that the Sellers and their agents have made no representations, warranties or guarantees concerning the condition of the premises or, specifically, the condition of the plumbing, electrical, heating, air conditioning or other mechanical systems or appliances, and no representations have been made concerning the water supply, sewer, sewage disposal systems, roof or structural soundness of the improvements upon the premises. No notices of suits or judgments relating to violations at the premises of zoning, fire, air pollution or health laws and regulations have been received by Sellers. Sellers do not warrant that the premises comply with City building codes. The parties contemplate that the Buyer will raze the improvements on the premises being purchased The parties understand that, because of the age of the buildings located upon the above- described premises, asbestos or other materials may be incorporated in said buildings