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CCP 09-22-1997
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CCP 09-22-1997
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<br /> - <br /> I <br /> it <br /> shall be used for purposes of such proration, and within thirty (30) days after the amount of such <br /> I Taxes becomes known. the parties shall recompute such proration and llIljust the difference. <br /> 12. CONDITIONS PRECEDENT. <br /> I (A) This Agreement and all obligations of Seller hereunder are expressly conditioned <br /> on the following conditions precedent being in effect or complied with on and as of the Closing <br /> I Date, and Purchaser covenants that it will use diligent, good faith efforts to cause such conditions <br /> to be in effect or complied with: - <br /> I (1) Purchaser's representations and warranties set forth in Section 8 shall <br /> remain true and correct in all material respects. ." <br /> I (2) Purchaser shall have executed and delivered or caused to be executed and <br /> delivered to Seller and/or the Title Company, as herein provided, all documents, <br /> instruments and information required to be delivered by Purchaser. <br /> I (3) Purchaser shall be in compliance with all of its other obligations under this <br /> Agreement and the Contract. <br /> Ie (B) This Agreement and all obligations of Purchaser hereunder are expressly <br /> conditioned on the following conditions precedent being in effect or complied with on and as of <br /> I the Closing Date, and Seller covenants that it will use diligent, good faith efforts to cause such <br /> conditions to be in effect or complied with: <br /> I (1) The Tille Commitment, as redated to the Closing Date, shall disclose good <br /> and marketable fee simple title to the Property vested in Seller free and clear of all <br /> I encumbrances except the Permitted Exceptions, and the Title Company shall be prepared <br /> to issue the Title Policy to Purchaser in the form required by Section 4 immediately upon <br /> the recording of the Deed. <br /> I (2) Seller' s representations and warranties set forth in Section 8 shall remain <br /> true and correct in all material respects. <br /> I (3) Seller shall have executed and delivered or caused to be executed and <br /> delivered to Purchaser andlor the Title Company, as herein provided, all documents, <br /> I instruments and information required to be delivered by Seller, <br /> (4) Seller shall have complied with all of its other obligations under this <br /> Agreement. <br /> I 13. CWSING" <br /> .. (A) Provided all of the conditions to closing set forth in this Agreement have been <br /> satisfied or waived by the parties, and this Agreement has not been terminated by either party in <br /> I 8 <br /> 60'd 6i'0lo loG6 2':t9 'tl.d '3>H3a '8 A3latlda 90:~t lo66t-6t-d3S <br /> -- <br />
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