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<br />(7) Well Certificate. A Certificate signed by Seller warranting that <br />there are no "wells" on the Property, or if there are "wells", a Well <br />Certificate in the form required by law. <br /> <br />(8) Other Documents. All other documents reasonably determined by <br />Buyer to be necessary to transfer the Property to Buyer free and <br />clear of all encumbrances. <br /> <br />(b) Buyer's Closing Documents. On the Closing Date, Buyer will execute <br />and/or deliver to Seller the following (collectively "Buyer's Closing <br />Documents"): <br /> <br />(1) Purchase Price. The Purchase Price by Buyer's check or wired <br />funds. . , <br /> <br />(2) Title Documents. Such affidavits of Purchaser, Certifi"cate of Real <br />Estate Value or other documents as may be reasonably required by <br />the Title company in order to record. the Seller's Closing <br />Documents and issue the Title Insurance Policy required by this <br />Agreement. <br /> <br />ARTICLE IV <br />PRORATIONS <br /> <br />4.1 Seller and Buyer agree to the following prorations and allocation of costs <br />regarding this Agreement. <br /> <br />(a) Title Insurance and Closing Fee. Seller will pay all costs of Title' <br />Evidence, and the fees charged by Title Company for any escrow <br />regarding Buyer's objections. Buyer will pay all premiums required for <br />the issuance of an ALTA Owner's Title Insurance Policy, (unless Seller <br />fails to provide an Abstract or Registered Property Abstract). Seller and <br />Buyer will each pay one-half of any reasonable and customary closing fee <br />or charge imposed by any closing agent designated by the Title Company. <br /> <br />(b) Deed Tax. Seller shall pay all state deed tax regarding the Warranty Deed <br />to be delivered by Seller under this Agreement. <br /> <br />(c) Real Estate Taxes and Special Assessments. Seller will pay on or before <br />the Closing Date, all special assessments levied, pending or constituting a <br />lien against the Real Property as of the Closing Date including without <br />limitation any installments of special assessments including interest <br />payable with general real estate taxes in the year of Closing. General real <br />estate taxes and installments of special assessments payable in all years <br />prior to the year of Closing will be paid by Seller. General real estate <br /> <br />-4- <br />