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<br />9. Conditions of Property. No representations are s
<br />made or responzTLil'ity asrumed by tlw 0 tionor as to the
<br />present or future condition of any real property affected by t
<br />'f I this option. All personal property to be sold and conveyed
<br />1 pursuant to this option, is sold AS 1S. It is expressly
<br />understood and agreed that the Optionor shall in no way be
<br />! (� deemed or held to be obligated, liablu, or accountable upon
<br />1 or under any guaranties or warranties, express or implied,
<br />statutory, :y operation of law, or othervise, including, but
<br />not limited to, ANY-14PLICO WARRANTY Or MERCHANTABILITY OR
<br />FITNESS under the Uniform Commercial Code. �
<br />10. Closing. The closing of this transaction shall be
<br />1 be nnJ at too ottiees of Kennedy, Moore i Tvisselman, 607
<br />9ed i cal Cen Ull Building, 2724 Colby Avenuc, Everett,
<br />! Washington. IThe Ootlonee and Optionor shall deposit with
<br />Kennedy, Moore ,s Twrsselman all instruments, documentn, and r
<br />ranies necessary to complete the sale in accordance with this 1 i.
<br />Option. Cscr" tees shall be divided equally between the
<br />Optionee and Optionor.
<br />11. Astinnnnt. This option can be assigned by the
<br />nly a Optaotee os specified by this paragraph. This option
<br />may he assigned by the Optionee, by an entire assignment,
<br />provided that, concurrently with such assignment, the Option-
<br />. ee notifies the Optionor of such assignment and of the name
<br />and address of the Assignee and sends to the Optionor a copy
<br />of such assinnment plus a written agrecment by the Assignee
<br />to perform all the terms, promises and conditions of this
<br />option.un the part of the Optionce; provided, however, that
<br />Paul Challancin, Paul Weeks, anti 11. Raymond Cairneronn shall
<br />be personally, jointly and severally liable for payment of
<br />the purchase price, notwithstanding any assignment, in the
<br />event that this option is exercised.
<br />12. Entire Agieement• This option constitutes the
<br />entire agrcemenc between the parties. No representations,
<br />warranties, or promises pertaining to this option or any
<br />pro erty ,ift,ctea by this option have been made by o, shall
<br />be tandirn on any of the parties, except as exprescely stated
<br />in this option. This option may not he changed orally, but
<br />..I$• ty as agreement in i:ritinq signed by the party against
<br />wtcm enforcement of any such change is sought.
<br />11. Notices. Any notices ur demand under this option
<br />shall.bh by 1-1'-icred Or certified mall sent as follows, to
<br />the Optionor c,,o Kennedy, Moore a Twieaelmnn, P.O. Box aBB,
<br />Everett. Washinptm, 98206; and to the Optionce c/o N. Raymond
<br />'Calrncro'so 403 Columbia Street, Seat•.lc, Washington 98104.
<br />li; Construction. The construction and performance of
<br />..this contract bailTbo governed by the laws of the State of
<br />Washington. This option shall inure to the benefit of and
<br />lsha 11 bind the heirs, successors, and assigns of the
<br />respective parties.
<br />OPTION
<br />A.,L. S. Joint Venture/
<br />Challanein, Weeks a Cairncross -
<br />vo11503 Vats
<br />7904200276
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