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pay one-half of any reasonable and customary closing fee or charge imposed by the Title Company. b. Real Estate Taxes. On or before the Closing Date, Seller shall pay all real estate taxes, and any penalties or interest due thereon and payable with respect to the Property for all years prior to the year in which the Closing occurs together with any deferred real estate taxes or deferred special assessments payment of which is required as a result of the closing of this transaction.. General real estate taxes due and payable in the year of closing shall be pro rated between Seller and Buyer as of the Closing Date. Buyer shall pay all real estate taxes due and payable with respect to the Property in years following the year of Closing. c. Special Assessments. Seller shall pay all special assessments levied, pending or otherwise of record against the Real Property as of the Closing Date. Installments of special assessments, if any, due and payable in the year 2014 and prior years shall be paid by Seller. d. Recording Costs. Seller will pay the cost of recording all documents necessary to transfer record title to Buyer in the condition warranted by Seller in this Agreement, including the cost of recording the Plat and other documents required to be recorded as a condition of recording the Plat. Seller shall also pay the state deed tax due in order to record the Warranty Deed. Buyer will pay the cost of recording all other documents. e. Other Costs. Except as otherwise provided in this Agreement, Seller and Buyer shall each pay its own fees and costs incurred in this transaction. 6. Title Examination. Title Examination will be conducted as follows: a. Title Evidence. Within 20 days after Effective Date, Seller shall deliver to Buyer a Commitment ("Title Commitment") for an ALTA Owner's Policy of Title Insurance to insure title to the Real Property, in the amount of the Purchase Price, issued by the Title Company. The Title Commitment shall initially cover Seller's Existing Land, but will be amended or supplemented prior to the Closing, based upon the Plat, to apply to and cover the Real Property. The Title Commitment will commit the Title Company to insure title to the Real Property subject only to the Permitted Encumbrances (defined in Section 6, c. of this Agreement) and shall include a Special Assessment Search and be accompanied by copies of each document evidencing Liens and encumbrances affecting the Real Property. b. Survey. Within 20 days after delivery of the Title Commitment, Buyer Seller shall obtain provide -to -Buyer, any surveying of the Property ("Survey"), needed for Buyer's purposes, including financingeerxi-fied-to Buyer and Title, havih —been—p ied---in tic -tee -Mai - . ; 'A minimum standard- detail requii' nients; dated subsequent -4o the -nate stered land surveyor 6 Davis Real Estate/City of Little Canada