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07-11-2007 Additions
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07-11-2007 Additions
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12/13/2011 2:28:34 PM
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07/11/2007 17:40 FAX 352 888 3250 <br />LAAKIN HOFFMAN DALY 2007/918 <br />Property. General real estate taxes and installments <br />of special assessments payable in all years prior to <br />the year of Closing will be paid by Seller. General <br />real estate taxes payable in the year of Closing shall <br />be prorated by Seiler and Buyer as of the Closing Date <br />based upon a calendar year. Buyer shall pay all real <br />estate taxes and installments of special assessments <br />payable in the years following the year in which the <br />Closing occurs. 11 the amount of general real estate <br />taxes and installments of special assessments payable <br />in the year of Closing cannot be determined on the <br />Closing Date, taxes and special assessments shall be <br />estimated based on taxes and special assessments for <br />the year prior to Closing and such estimate shall be <br />final. <br />(d) Recording Costs. Seller will pay the costs of <br />recording all documents necessary to place record title <br />in the condition warranted in this Agreement. Buyer <br />will pay the cost of recording all other documents. <br />(e) Qther. Costs. All other operating costs of the <br />Property, will be allocated between Seller and Buyer as <br />of the Closing Date, so that Seller pays that part of <br />such other operating costs payable before the Closing <br />Date, and Buyer pays that part of such operating costs <br />payable from and after the Closing Date. <br />(f) Attorney's Fees. Each of the parties will pay its own <br />attorneys fees, except that a party defaulting under <br />this Agreement or any closing document will pay the <br />reasonable attorney's fees and court costs incurred by <br />the nondefaulting party to enforce its rights regarding <br />:such default. <br />6. Title Examination. Title Examination will be conducted <br />as follow:,: <br />(a) Seller's .,..Title Evidence. Seller shall within ten (10) <br />days after the date of this Agreement, furnish the <br />following (collectively the "Title Evidence") to Buyer: <br />(1) Title Evidence. Seller shall, at its.cost, <br />provide a Commitment for an ALTA Owner's Policy of <br />Title Insurance insuring title to the Real <br />Property, deleting standard exceptions and <br />including affirmative insurance regarding zoning, <br />appurtenant easements, and such other matters as <br />6 <br />7 <br />
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