Laserfiche WebLink
13.1. Developer shall pay the following costs in connection with the closing. <br /> . (a) All abstracting expenses, the cost of issuingthe <br /> title le commitment <br /> and the cost of copies of all additional title documents necessary for the <br /> examination of title. <br /> (b) The title insurance premium charged by the Title Insurer. <br /> (c) The cost of preparation of the warranty deed and other documents <br /> of conveyance. <br /> (d) Any filing fee to record the warranty deed and related documents. <br /> (e) State Deed Tax upon delivery of the warranty deed to the <br /> Developer. <br /> (f) Authority's attorneys' fees. <br /> (g) Developer's attorneys' fees. <br /> 14.0. Prorations. The following prorations shall be made as of the Date of Closing and <br /> subsequent to the Date of Closing to the extent actual information is unavailable on the Date of <br /> 0 Closing: <br /> 14.1. All utilities furnished to the Property. <br /> 14.2. Real estate taxes and special assessments as hereinafter provided_ <br /> 15.0. Taxes and Special Assessments. Authority ghat"( pay the real estate taxes and <br /> special assessments relating to the Property which are due and payable in all years prior to the <br /> year of closing, and any and all deferred real estate taxes and all levied and pending special <br /> assessments at the closing of the sale . Real estate taxes payable in the year of closing shall be <br /> prorated to the Date of Closing. The parties agree and understand that, as of the date of this <br /> Agreement, there are no outstanding deferred real estate taxes or levied or pending special <br /> assessments. <br /> 16.0. Brokerage. Developer and Authority each represent and warrant to the other that <br /> they have not engaged the services of any broker in connection with the purchase contemplated <br /> by this Agreement_ Each parry hereby agrees to indemnify and hold the other harmless of any <br /> claim made by a broker or sales agent or similar parry for a commission due or alleged to be due <br /> on this transaction. <br /> 17.0 Default. The following default provisions govern this Agreement <br /> . 17.1. Events of Default Defined. The following shall "Events be Eents of Default" <br /> under this Agreement and the term "Event of Default" shall mean, whenever it is used in <br /> this Agreement (unless the context otherwise provides), any failure by any party to <br /> s. zaseo <br /> MUDS-2 9 <br />