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<br /> <br />"o(.,~ ~ <br />~ <br /> <br />~(~ <br /> <br />~ <br />..\\~ <br />.;' <br /> <br />fees, that Buyer incurs because of the breach of any of the above representations and warranties, <br />whether such breach is discovered before or after closing. Each of the representations and <br />warranties herein contained shall survive the Closing and shall not be affected. by any <br />investigation, verification or approval by any party thereto or by anyone on behalf of any party <br />hereto and shall not merge into Seller's deed being delivered at Closing. <br /> <br />10. Dama2e. If~ prior to the Closing Date, all or any part of the Property is <br />substantially damaged by frre cagualty~ the elements or any other cause~ Seller shall imrnediately <br />give notice to Buyer of such fact and at Buyer's option (to be exercised '\\ithin thirty days after <br />Seller's notice), this Agreement shall terminate, in which event neither parry will have any <br />further obligation~ under this Agreement and the Earnest Money, together with any accrued <br />intere.'it, shall be refunded to Buyer. If Buyer fails to elect to terminate despite such damage, or <br />if the Property is damaged but not substantially, Seller shall promptly commence to repair such <br />damage or destruction and return the property to its condition prior to such damage. If such <br />damage shall be completely repaired prior to the Closing Date then there shall be no reduction in <br />the Purchase Price and Seller shall retain the proceeds of all insurance related to such damage. If <br />such damage shall not be completely repaired prior to the Closing Date but Seller is diligently <br />proceeding to repair, then Seller shall complete the repair after the Closing Date and shall be <br />entitled to receive the rocess of a.ll insurance related to such damage after repair is completed; <br />provide , uyer shall have the right to delay the Closing Date until repair is completed. <br />eller shaH fail to diligently proceed to repair such damage then Buyer shall have the right to <br />require a ciosi.!lg to occur and the Purchase Price (and specifically the cash portion payable at the <br />Closing Date) shall be reduced by the cos~ of such repair or at Buyer's option, the Seller shall <br />assign to Buyer all right to receh'e the proceeds of ali insmance related to such damage and the <br />Purchase Price shall remain the same. F 01' purposes of this Section, the words ,. subs1antiaJ1)- <br />damaged" mean. damage that would cost $ or more to repair. <br /> <br />11. Condemnation. If, prior to the Closing Date, eminent domain proceedings <br />are commenced against all or any part of the Property) Seller shall immediately give notice to <br />Buyer of such fact and at Buyer's option (to be exercised vdthin thirty days after Seller's notice), <br />this Agreement shall termlD3te, in which event neither party \\ill have further obligations under <br />this Agreement and the Earnest Money together with any accrued interest, shall be refunded to <br />buyer. If Buyer shall fail to giye such notice then there shall be .no reductiC'n in the Purchase <br />Price, and Seller shall a.ssign to Buyer at the Closing Date all of Seller's right, title and interest in <br />and to any award made or to be made in the condemnation proceedings. Prior to the Closing <br />Date~ Seller shall not designate counsel, appear in, or othernise act with respect to the <br />condemnation proceedings without Buyer's prior V\'l'itten consent. <br /> <br />12. Brokel"'s Comrni15siOll. lithe transaction co:;Jtemplated by this Agreement is <br />consummated in the time and manner required by this Agreement, "Will pay a <br />brokerage commission to as the sole real estate brokerage <br />COmnllS5:0l! regarding this transaction. SeVer and Buyer represent and warrant to each other that <br />they have dealt with no other brokers, finders or the like in connection v,.ith this transaction. and <br />agree to indemni~' each other and to hold each other hannIess against all claims~ damages: costs <br />or expenses of or for any other such fees or ccro.rn.issions resulting from their actions or <br />agreements regarding the execution or performance of this Agreement, and ...:ill pay all COStS of <br /> <br />11 <br />