AS IS revision in contract worrisome?

[Michael Conte]

About to be under contract for my 4th house. Seller added the following revision for an AS IS sale:

"Buyer hereby represents that he has personally inspected and examined the above referenced premises and all improvements thereon. Buyer hereby acknowledges that unless otherwise set forth in writing elsewhere in this contract, neither the seller nor the seller's representatives, if any, have made Any representations concerning the present or past structural condition of the improvements. Buyer and seller agreed to the following concerning the condition of the property"

A. Buyer accepts the property and it's as is present condition

B. Is buyer agrees that he will not hold seller or its representatives responsible or liable for any present or futural structural problems or damage to the foundation or slab of said property"

Should this raise any red flags or is this wording normal for an AS IS sale?