CCP 09-29-1997 - Laserfiche WebLink

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I.. ~ I and there are no other unrecorded interests in the Property, together with 1_ whatever standard owner's aflidavit as may be required by the Title Insurer to issue the Title Policy in the form required by Section 4 hereof; (5) FIRPT A Affidavit. A non foreign affidavit, properly executed and in I recordable form, containing such information as is required by IRC Section I 445(b)(2) and its rcgulations; I (6) Well Disclosure Statement. A Well Disclosure Statement. properly executed and in recordable form, disclosing any wells existing on the Property or, if no wells, a statement to that effect on the Warranty Deed; I (7) Bring-Down Certificate. The Bring-Down Certificate; . I (8) Resolution. A current corporate resolution of Seller, authorizing the transaction contemplated by this Agreement and the execution and delivery of Seller's Closing Documents; and I (9) Other Documents. All other documents reasonably determined by Buyer to be necessary to transfer the Property to Buyer free and clear of all I encumbrances, except the Permitted Encumbrances. (b) Buver's Closing Documents. On the Closing Date, Buyer will execute and/or -- deliver to Seller the following (collectively, "Buyer's Closing Documents"): (1) Purchase Price. The balance of the Purchase Price to be paid as required I by Section 2 hereof; and (2) Title Documents. Such affidavits of Buyer or other documents as may be I reasonably required by the Title Insurer in order to record Seller's Closing Documents and issue the Title Policy required by Section 4 of this Agreement. I 6.) PRORATIONS. Seller and Buyer shall make the following prorations and allocations of taxes, assessments and other expenses at Closing: I (a) Title Insurance and Closing Fee. Seller shall pay the cost of the Title Evidence. Buyer shall pay the premium for the Title Policy. Seller and Buyer will each pay one- I half of any reasonable and customary closing fee or charge imposed by the Title Insurer or its designated closing agent. I (b) Deed Tax. Seller shall pay all state deed tax due on the Warranty Deed(s) to be delivered by Seller under this Agreement. I (c) Real Estate Taxes, Seller shall pay all general real estate taxes payable in 1996 and all prior years and any deferred real estate taxes. Seller and Buyer shall prorate the tt general real estate taxes payable in 1997 as of the Closing Date based upon the calendar 5. I -...--------