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0«.01-02 02rllw FrafNIU F06TFR W 10/1110N1 H01 -.IIRI Fdtl <br />ADDENDUM <br />To that certain Vacant LsndlFarm end Ranch Contrail to Buy and Sell Real Estate <br />dated September 28, 2001, by and between Dakota Water Rasourrea LLC, es Buyer, <br />"and l3ottlleb Hef; Anna Schmid; Elizabeth Wothington, and Leonard Hett es <br />Seller, concerning certain real property part of S12, Secdon 13, T2N, Rtt7y11, 6e' P.M. <br />Weld County Colorado. <br />AODfiIONAL PROVISIONS: <br />a) InapecUon. Section 10 shall be amended by the addition of the fotlowing language: <br />The term 'inspection' shag ktdude but not be limited to en inspealon of the <br />Properly, an Inspection of the Induslons, and a detemUnatlon of the existence of <br />none~dstence of PCB trensfonners, radon gas, hazardous or toxic substances, <br />and/or underground storage tanks in or on the Property. <br />b) lndemniflcaflon. Buyer wUl indemnify and hold Seger harmless from and against <br />any and all obligatbtts, Balms, kisses, damages, costs and materials perforated or <br />furnished with regard to Ute Property at the instance or request of Buyer and Buyer <br />chap insure that no pen of any kind Is filed with regard to the Property on account of <br />any such services, labor or materials. In order to adequately protect Seibr from any <br />such claims end pens, Buyer wig notify Seller in advance of each contrail or <br />agreement ktto which tt enters for providing services, labor or materials wnh regard <br />to the Property. WentHying the name of the contreWng party, the labor. services or <br />materials to be furnished. Furthermore, at all times after the data of this oorttad, <br />Buyer shall send the following notice to all suppliers for services, labor or materials, <br />and shall conUnuousty keep such notice posted In conspicuous places on the <br />Property: <br />'The Irnerest of the owners of thk Property shall not be subject to any lien for <br />services, labor, materials or equipment furnished wtlh regarcl to this Property at <br />the request of any person other than the owners.' <br />c,) Hazarrioua MaterWlslADA Disclosure. The parties acknowledge Urat the Property <br />may contain materials that may have been or may ba in the future detetmined to he <br />toxic, hazardous or undesirable ('Hazardous Materials, and may need to be <br />spedfically treated or removed. In additlon, the Property may have been subjected <br />to underground or aboveground storage tanks or may have been contaminated by <br />other sources. Curterd and firhrre federal, state and local laws may require the <br />cleanup of rite Hazardous Materials at the expense of those parties who have been <br />in Ute chain of tips of ownership of the Property. The parties acknowledge that the <br />Propariy may be subject to Ute Amedcens 1/111th Disabilities Ad ('ADA'M, a federal <br />law. whictt requires. among other matters. that tenants and/or owners of 'public <br />accomnTOdations" remove banters in order to make the Property aocessrble by <br />disabled persons and provide auxiliary aids and services for hearing, vision or <br />speech kripalred persons. The parties acknowledge that Phpl Foster and Company <br />recommends that alt current grid future owners and tenarrts with respell to the <br />Property seek the advice of imowledgeable legal counsel, arohlteds, environmental <br />engineers, and other corisullants in conneilion with detemtining the existence or <br />nonexistence of Hazardous Materials and complying wtrh the requirements of the <br />ADA. <br />d.) Survey. Within foAy (40) calendar days from waNer of due diligence contingency, <br />Seller shall lumish to Buyer, at Seller's expense, a current ALTA boundary survey <br />('Surveys prepared by a land surveyor Gcensad In the State of Colorado. The <br />Survey shall 6e certified to Seller, Buyer and the title insurance company and <br />performed on the Properly and shall show thereon the correct legal description; <br />acreage; bcaUon of ail fences; an barndary noes; any and an ditches, rivers and <br />streams, easemerds, rights-of-way, and adjacent roadways. If any, and the location <br />of all visible ubltties on the property and all underground tApftles for which there is <br />vtslbte surface evidartoe. The Survey shaA taped alt exoepdons to title (where <br />apppcabb) as reflected on the title oortmNbrtetrt and shall disclose that a physical <br />InapecUon on the Property revealed no kriprovementa sihrated upon or adjecerd to <br />the Property ere its subject of arty etteroachmeMs, and that no easements or rghds- <br />