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The Parties have selected Fidelity National Title Insurance Company to furnish the owner's title <br />insurance policy at Purchaser's expense. Seller will obtain a current commitment for an owner's title <br />insurance policy (Title Commitment), in an amount equal to the Purchase Price. Purchaser will cause the <br />title insurance policy to be issued and delivered to Purchaser as soon as practicable at or after Closing. <br />Title Documents consist of the following; (1) copies of any plats, declarations, covenants, easements <br />conditions and restrictions burdening the Property, and (2) copies of any other documents (or, if <br />illegible, summaries of such documents) listed in the schedu#e of exceptions (Exceptions) in the Title <br />Commitment furnished to Purchaser (collectively, Title Documents). <br />Purchaser's objection may be based on any unsatisfactory form or content of Title Commitment <br />notwithstanding , or any other unsatisfactory title condition, in Purchaser's sole subjective discretion. <br />Purchaser has until ten days after receipt of such documents to review and object to. (1) any required <br />Title Document not timely received by Purchaser, (2) any change to the Title Commitment or Title <br />Documents, or (3) any endorsement to the Title Commitment, if Seller has fulfilled all Seller's <br />obligations, if any, to deliver to Purchaser all documents required and Seller does not receive <br />Purchaser's Notice to Terminate or Notice of Title Objection prior to Closing, Purchaser accepts the <br />condition of title as disclosed by the Title Commitment and Title Documents as satisfactory. <br />Seller must deliver to Purchaser true copies of all existing surveys in Seller's possession pertaining to the <br />Property and must disclose to Purchaser all easements, liens (including, without limitation, <br />governmental improvements approved, but not yet installed) or other title matters (including, without <br />limitation, rights of first refusal and options) not shown by public records, of which Seller has actual <br />knowledge. <br />Purchaser has the right to inspect the Property to investigate if any third party has any right in the <br />Property not shown by public records (e.g., unrecorded easement, boundary line discrepancy or water <br />rights). <br />SPECIAL TAXING DISTRICTS MAY BE SUBJECT TO GENERAL OBLIGATION INDEBTEDNESS THAT IS PAID BY <br />REVENUES PRODUCED FROM ANNUAL TAX LEVIES ON THE TAXABLE PROPERTY WITHIN SUCH DISTRICTS, <br />PROPERTY OWNERS 1N SUCH DISTRICTS MAY BE PLACED AT RISK FOR INCREASED MILL LEVIES AND TAX <br />TO SUPPORT THE SERVICING OF SUCH DEBT WHERE CBS4-8-13. CONTRACT TO BUY AND SELL REAL <br />ESTATE (LAND) Page 8 of 17 CIRCUMSTANCES ARISE RESULTING IN THE INABILITY OF SUCH A DISTRICT <br />TO DISCHARGE SUCH INDEBTEDNESS WITHOUT SUCH AN INCREASE IN MILL LEVIES. PURCHASERS <br />SHOULD INVESTIGATE THE SPECIAL TAXIING DISTRICTS IN WHICH THE PROPERTY IS LOCATED BY <br />CONTACTING THE COUNTY TREASURER, BY REVIEWING THE CERTIFICATE OF TAXES DUE FOR THE <br />PROPERTY, AND BY OBTAINING FURTHER INFORMATION FROM THE BOARD OF COUNTY <br />COMMISSIONERS, THE COUNTY CLERK AND RECORDER, OR THE COUNTY ASSESSOR. <br />Purchaser has the Right to Terminate on or before Closing based on any unsatisfactory effect of the <br />Property being located within a special taxing district, in Purchaser's sole subjective discretion. <br />INSPECTION. INDEMNITY, INSURABILITY, DUE DILIGENCE AND SOURCE OF WATER <br />