2019-02-13_REVISION - M2000077 (5)

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i 811 Seller; 812 11.1.4. The amount of monthly(or other applicable period)rental paid to Seller; 813 11.1.5. That there is no default under the terms of said Lease b landlord or occupant; and 814 Y p 815 11.1.6. That the Lease to which the Estoppel Statement is attached is a true, correct and complete 816 copy of the Lease demising the premises it describes. 817 11.2. Seller Estoppel Statements. In the event Seller does not receive from all tenants of the Property 819 a completed signed Estoppel Statement, Seller agrees to complete and execute an Estoppel Statement setting 819 p 9 pp 9 p pp 9 820 forth the information and documents required §11.1 above and deliver the same to Buyer on or before Estoppel 821 Statements Deadline. 822 11.3. Estoppel Statements Termination. Buyer has the Right to Terminate under§25.1, on or before 82 8e4 Estoppel Statements Termination Deadline, based on any unsatisfactory Estoppel Statement, in Buyer's sole 825 subjective discretion, or if Seller fails to deliver the Estoppel Statements on or before Estoppel Statements 826 Deadline. Buyer also has the unilateral right to waive any unsatisfactory Estoppel Statement. 827 828 829 CLOSING PROVISIONS 830 832 12. CLOSING DOCUMENTS, INSTRUCTIONS AND CLOSING. 833 12.1. Closing Documents and Closing Information. Seller and Buyer will cooperate with the Closing 834 Company to enable the Closing Company to prepare and deliver documents required for Closing to Buyer and 835 Seller and their designees. If Buyer is obtaining a loan to purchase the Property, Buyer acknowledges Buyer's 836 837 lender is required to provide the Closing Company, in a timely manner, all required loan documents and financial 838 information concerning Buyer's loan. Buyer and Seller will furnish any additional information and documents 839 required by Closing Company that will be necessary to complete this transaction. Buyer and Seller will sign and 840 complete all customary or reasonably-required documents at or before Closing. 842 12.2. Closing Instructions.Colorado Real Estate Commission's Closing Instructions❑Are ®Are Not 843 executed with this Contract. 844 12.3. Closing. Delivery of deed from Seller to Buyer will be at closing (Closing). Closing will be on the date 845 specified as the Closing Date or by mutual agreement at an earlier date. The hour and place of Closing will be as 847 designated by Buyer and Seller. 848 12.4. Disclosure of Settlemient Costs. Buyer and Seller al.kI IVVVICdy-ta thaat hosts, quality and extent of 849 service vary between different settlement service providers (e.g., attorneys, lenders, inspectors and title 850 companies). 851 852 853 13. TRANSFER OF TITLE. Subject to Buyer's compliance with the terms and provisions of this Contract, 854 including the tender of any payment due at Closing, Seller, provided another deed is not selected, must execute 855 856 and deliver a good and sufficient special warranty deed to Buyer, at Closing. However, if the box is checked, the 857 parties agree to use the corresponding deed instead: 858 ®general warranty deed ❑ bargain and sale deed ❑ quit claim deed ❑ personal representative's deed 859 ❑ deed. 861 13.1. Special Warrant Deed and General Warranty Deed Exceptions. If title will be conveyed using a " 861 p Y tY p � Y 9 862 special warranty deed or a general warranty deed, title will be conveyed subject to: 863 13.1.1. General taxes for the year of Closing, 864 865 13.1.2. Distribution utility easements (including cable TV), - 866 13.1.3. Those specifically described rights of third parties not shown by the public records of 867 which Buyer has actual knowledge and which were accepted by Buyer in accordance with with §8.3 (Off-Record 868 Title) and § 9 (New ILC or New Survey), 869 70 13.1.4. Inclusion of the Property within an special taxing district, 87o P Y Y P 9 871 13.1.5. Any special assessment if the improvements were not installed as of the date of Buyer's 8�3 signature hereon,whether assessed prior to or after Closing and 874 875 13.2. Special Warranty Deed. In addition to the requirements of§ 13.1, if title will be conveyed by a 876 special warranty deed, Seller will warrant title against all persons claiming by,through or under Seller subject to 877 those specific recorded exceptions, if any, created during Seller's ownership of the Property and described by 879 reference to recorded documents shown as Exceptions in the Title Documents that are accepted by Buyer in 880 accordance with § 8.2 (Record Title)and described in the deed by reference to the specific recording information -i 881 for each recorded document. j882 13.3. General Warranty Deed. In addition to the requirements of§ 13.1, if title will be conveyed by a 883 general warrant deed, Seller will warrant the title subject to those specific recorded exceptions described b ss4 9 Y 1 P P Y 8s5 reference to recorded documents shown as Exceptions in the Title Documents that are accepted by Buyer in 886 accordance with §8.2 (Record Title)and described in the deed by reference to the specific recording information 887 for each recorded document. 888 889 890 14. PAYMENT OF LIENS AND ENCUMBRANCES. Unless agreed to by Buyer in writing, any amounts owed 891 on any liens or encumbrances securing a monetary sum, including, but not limited to, any governmental liens for