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DRAFT #1 <br /> • <br /> 12.1. Deliver to Authority any portion of the Purchase Price then due and payable <br /> by Developer's certified or cashier's check or equivalent. <br /> 12.2. Execute, and/or deliver to Authority such other documents as may be <br /> required by this Agreement or applicable law. <br /> 12.3. Deliver to Authority evidence of Developer's authorization to complete this <br /> transaction. Developer hereby represents and warrants to Authority that the execution and <br /> performance of this Agreement by Developer has been duly authorized by all necessary <br /> action. <br /> 12.4. Execute and deliver to Authority a closing statement consistent with this <br /> Agreement. <br /> 13.0. Closing Costs. The following costs and expenses shall be paid as follows <br /> in connection with the closing: <br /> 13.1. Developer shall pay the following costs in connection with the closing. <br /> (a) All abstracting expenses, the cost of issuing the title 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 /> Closing: <br /> 14.1. All utilities furnished to the Property. <br /> 14.2. Real estate taxes and special assessments as hereinafter provided. <br /> SJR133725 <br /> MU205-9 9 <br />