07/09/2007 Council Packet - Laserfiche WebLink

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• • • waived by Purchaser (herein called the "Date of Closing "). Notwithstanding the foregoing, if the conditions herein have not been satisfied, Purchaser may (at its option) extend the said latest Closing Date and all of the condition periods and dates set forth in Paragraph 10 hereof by one (1) period of one (1) month by giving written notice of such election to Seller and for such additional time as may be agreed between Seller and Purchaser. Seller's consent to such extension shall not unreasonably be withheld. Notice for such extension will be sent to Seller prior to the then applicable latest Closing Date. 8. Documents to be Delivered at Closing. At Closing, Seller shall deliver to Purchaser: (i) Warranty Deed conveying to Purchaser fee title to the Subject Property, subject only to Permitted Encumbrances and such Deed shall contain a representation by Seller that Seller does not know of any wells on the Subject Property; (ii) "FIRPTA" affidavit in the form of Exhibit D attached hereto and made a part hereof; (iii) Seller's Affidavit in the form of Exhibit E attached hereto and made a part hereof, and such affidavits or security as may be required by Title Company to delete those standard exceptions to the title commitment relating to rights of parties in possession and mechanic's liens; (iv) Intentionally Deleted. (v) Such other documents and instruments as may reasonably be required to carry out the terms of this Agreement. (vi) Intentionally Deleted. (vii) Such payments, indemnities, deposits, or security as the Title Company may require to insure over (in form and substance acceptable to Purchaser) all levied and pending special assessments as of Closing including, but not limited to, those arising out of any subdivision of the Subject Property and the Land and improvements constructed in connection therewith, all except special assessments, if any, which are,