CCP 09-22-1997 - Laserfiche WebLink

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- I f' (c) Purchaser's closing statement, duly executed. I (d) Such closing instructions to the Title Company as Purchaser shall desire, which shall not inconsistent with the provisions of this Agreement I (''Purchaser's Instructions"). (4) The parties shall obtain the advice of the Title Company as to whether it is I in a position to (a) cause the Deed to be immediately recorded in the real estate records, and (b) immediately issue the Title Policy to Purchaser, If the Title Company shall advise affirmatively on the foregoing matters, then the parties shall instruct the Title I Company to proceed to close the escrow in accordance with Seller's Instructions and Purchaser's Instructions. I (S) All costs and expenses of Closing the purchase and sale of the Property shall be borne and paid at Closing unless otherwise stated herein, as follows: I By Seller: Seller's Attorneys' Fees Charges, if any, for the Title Commitment Transfer Taxes and Deed Taxes Ie One-half of the Escrow Fees of the Title Company By Purchaser: Purchaser's Attorneys' Fees I Premiums for the Title Policy Recording Fees for Deed, except for Transfer Taxes One-half of the Escrow Fees of the Title Company I Survey Chatges "" 14. DEFAULT AND REMEDIES. I (A) In the event Purchaser fails to comply with any or all of the obligations, covenants, warranties or agreements to be perfouned, honored or observed by Purchaser under I and pursuant to the terms and provisions of this Agreement and such default is not cured within thirty (30) days after notice thereof from Seller (other than Purchaser's failure to tender the Purchase Price at Closing, a default for which no notice is required), then Seller may either (i) I terminate this Agreement and both parties shall be released from any further liability hereunder except for the indemnification provisions of Section 17 hereof and the parties shall execute an instrument in recordable form canceling this Agreement, or (ii) seek an action for specific I performance against Purchaser to enforce the provisions of this Agreement so long as such action is initiated within six (6) months after the date of the default. In addition, the Seller shall be entitled to pursue such other rights and remedies which Seller may have at law or in equity by I reason of Purchaser's default. tt (B) In the event Seller fails to comply with any or all of the obligations, covenants, warranties or agreements to be performed, honored or observed by Seller under and pursuant to the tenns and provisions of this Agreement, and such default is not cured within thirty (30) days I 10 H'd 6NJl. 1.G6 cI9 'I;j'd '3)113a 'll A3'1<Il:1~a l.O:>:I 1.661-6I-d3S