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2014_0421_CCpacket
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2014_0421_CCpacket
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7/8/2014 1:43:38 PM
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137 <br />138 <br />139 <br />140 <br />141 <br />142 <br />143 <br />144 <br />145 <br />146 <br />147 <br />148 <br />149 <br />150 <br />151 <br />152 <br />153 <br />154 <br />155 <br />to be obtained by Buyer and boundary markers to be placed upon the Land pursuant <br />to Provision 6B below. <br />B. Deed Tax. Seller shall pay all state deed tax and the conservation fee regarding the <br />Warranty Deed to be delivered by Seller under this Agreement. <br />C. Real Estate Taxes and Special Assessments. Seller shall pay, on or before the date of <br />actual Closing, all special assessments outstanding, levied, pending, deferred or <br />otherwise or record against the Property as of the date of actual Closing (including <br />without limitation any installments of special assessments and interest on assessments <br />payable with the general real estate taxes due and payable in the year of Closing and <br />prior years). General real estate taxes due and payable in the year of Closing shall be <br />prorated by Seller and Buyer as of the date of actual Closing based upon a calendar <br />year. Seller shall pay all deferred real estate taxes (including "Green Acres" taxes) or <br />special assessments payment of which is required to be paid as a result of the Closing <br />of this sale. <br />D. Recording Costs. Buyer will pay the cost of recording the Warranty Deed. <br />156 E. Utilitv and O�eratin� Costs. All utility and operating costs pertaining to the Property <br />157 not otherwise provided for herein will be allocated between Seller and Buyer as of the <br />158 date of actual Closing, so that Seller shall pay that part of such costs attributable to <br />159 the period before the time of Closing and the Buyer shall pay that part of such costs <br />160 attributable to the period after the time of Closing. <br />161 <br />162 <br />163 <br />164 <br />165 6 <br />166 <br />167 <br />168 <br />169 <br />170 <br />171 <br />172 <br />173 <br />F. Attornev's Fees. Each of the parties will pay their own attorney's fees pertaining to <br />the negotiation, performance and enforcement of this Purchase Agreement. <br />Title Examination. The Title Examination will be conducted as follows: <br />A. Sellers Title Evidence. Seller shall, within twenty (20) days after the Effective Date, <br />furnish to Buyer a commitment ("Title Commitment") for an ALTA Owner's Policy <br />of Title Insurance (accompanied by legible copies of all documents described therein <br />and a copy of the Certificate of Title for the Property) issued by the Title Company <br />committing to insure title to the Property in the amount of the Purchase Price, subject <br />only to the exceptions stated therein. <br />174 B. Survev. Following the delivery of the Title Commitment by the Seller to the Buyer as <br />175 provided in Provision 6A above, the Buyer shall, if Buyer so elects, have a survey of <br />176 the Property (the "Survey") prepared showing such matters as the Buyer deems <br />177 necessary and place boundary markers on the Property. The Survey shall be prepared <br />178 and the boundary markers placed upon the Property at Buyer's sole expense. <br />179 <br />180 C. Buver's Objections. Within thirty (30) days after receiving the Title Commitment, <br />181 Buyer will examine the title to the Property and make written objections <br />182 ("Objections") to the form and/or contents of the Certificate of Title for the Property, <br />� <br />
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