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214
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<br />2111
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<br />23G
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<br />7411
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<br />217
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<br />s. •rrrLE.
<br />u. 'I'dle Revicw. Royer sha a the right m inspcd the Title Documents. Wrill~lire by Royer of unmerchanlahilily of title or of
<br />any other uusnlishlduly title condition shown by thc'Iillc pucuntcnls shall be signed by ur uu hchull' of Ruycr:uld given w Scllcr on ur hd'orc
<br />1'ille Objcdinu UcuJline I§ 2c), ur within live (5) calcudar days a0cr rcecipl by Iluycr of uny Tillc Duwntcnl(s) ur enJunentenlls) aJJing ucw
<br />arepliuu(s) to the title eulnmiuucm wgc0ler wish a copy of the 7 ide Docuncem aJJing new liscepliun(s) lu line. II'Scllci dues nut ren•ivc Buyur's
<br />unite h)' the dalc(sl spceilial above, Buyer accepts the rnndition of tide as disclosed by Ihc'I ills pacuntcnls as salisfaebrty.
<br />h. Alallcrs uul tihuwn by the 1'uhlic Records. Scllcr shall deliver lu Iluycr, un ur before OI'f-Itecanl Mullurs hcudllnc l§ 2c) true
<br />copies of all Icasdsl and survey(s) in Sellerr'•r~µ~+}}~~c~~V"1SiJ~~n~~,crlainiug lu the Pmpcrly IInJ sh;dl Jlxclusc lu I)uycr all caxclncntx, lienz ur other title
<br />ntaucrx not shown by the public records ul' (vlliL• 4)il21~11(t~[, I~i lu;d lnuwleJgc. ^uyrr shall have the ,fight w inspul the I'nq,cny ru Jelnuuiuc d
<br />uny Ihinl pm ly(iesl h;ls ;my right in dtc Ih'op}• I nut +hnwn hp the public Icrunls (sock as au uureconlcJ c;acntcut, muccw Jed Iruxc, ur bnuuJal y
<br />Iluc disrrcpaucy ). Wlillcn notice ul any II~t~• Q~(~t)iunlsl disduuJ by Scllcr ur rcvc;dal by such inspodilw shall he signcJ by ur uu
<br />hrb;dl of ILq•cr anJ given m Scllcr nn or I-re ore ff- 2u I l Ahdlcrs Ohjcelinu Ueadliue ($ 2c). If Scllcr does nut rcccive Iluyer's notice by
<br />Said d;ur, Iluycr accepts Iillc $uhjcd~)h(~' N~'J,p~jJ j,t' }y~lI~~I~~Iyyl~d~~~~parlira ul',vhich Iilq'cr h~u a~lual kmiwlcdgc.
<br />r. Sltct'i:tl'I'llxitlg pisll'irls. SI'I~CI~Al~:'1'A~'I~(`;4Y1!'§])Ill(:'I'ti AIAI' I{I': Sllll.llil"I"I'l) 1.1?NI':ItAI, (1111.1(:A'I'I()N INplill'I'I?I)-
<br />NI':SS'1'IIA'I' Iti 15111) I)1' It 1iVIiNUIiS 1'It()I)UCI{p IrItOAI ANNIJAI.'1'AX I.GVIISS ON'I'Illi'1'AXAltl.li I'Itl )1'lilt'I'1' WI'I'IIIN Sll(.:II
<br />1)Iti'I'ItIC'I;ti. 1'Itl)I'1':It'I'1' OIVNGItS IN Sll('ll p1$'I'ItIC:'I'S A1,11' Itli I'I.A(:ILp A'I' RISK F(llt INCItEASI~:p Alll.l. 1.1?VII':S ,1N1)
<br />1?XCIiStil1'1?'1'AX Ill.lltpl?NS'1'1I 5111'1'1 112'1"1'111? til':ItVll.'IN(i 1)I+$111:11 Illill'I' 11'111?Itli C:IIt(:lIA1S'IAN(:I?S Altltili It l':tilll:l'IN(: IN
<br />"1'111: INAI{II,1'1'1' f)I' SUCII A p1S'I'RIC'I"I'l) p15('IIAIi(ili Sll(:11 INI>lili'1'1?pNIiSS \V I'I'Ilf 111'1' Slll'11 AN IN('Itl':ASF. IN AI11.1.
<br />1.1{PIGS. Illll'I~.It SllOtll.p INVIS'I'1(:A'1'I':'I'III: plilt'1' FINANI:IN(i 1(I~:Lllllil?AII:N'I'S (IF'I'llls All'I'I10121'Llip l:l':NI?ItAI. (lltl.lr:-
<br />A'1'I()N INplil{'I'h:pN1%55 OF SUCII pIS'1'RI("1 :5, IiXIS'I'IN(: AII1.1. I.li1'II?S 1)1~ SUCH pIS'I'ItIC'I' tit{1(VI(:INI: SIII:II
<br />INplil{'I'IipN1iS5, ANp'1'IIE 1'O'I'IiN'1'IA1. FO12 AN INI;ItI?ASIi IN SUCII AII1.1.I.1i1'11t:S.
<br />In the cvcm tllc PI'npClly I$ IUC:IfCJ W1111111 :I Spl'CIIII Iaxlilg 111511'ICI itllll RIIyCr JL'S11'L'51tl IL'rllll nail' IIII$ Clllllrnl'I :I$ a rl•51111, II WI'11I1'Il IIt111CC Iti
<br />received by Scllcr un nr befom Off-Reatrd M1lullers Uhjedinn pendlina (§ 2d. Ibis coutrud shall then Icrminate. II Scllcr dues nm rcccive Iluycr's
<br />notice by suds dole, Iluycr accepts the cll'cd ul' the Property's iuchlsiuu in such special taxing Jistrictix) nnJ waives Jlc right to xu Icnninllle.
<br />(I. Itlghl lu (;rtl'l'. II SdIL'r fl'L•CI Vy ~~rnicc ul' unnurchanulbility ul'tidc ur any other unsmisfadnry title cnnJitiun(s) nr cnnuuiuncm tcnns
<br />as pruviJcd in § 8 ;+ ur b above, Scllcr ^ I Sl' ICnSUI1nhIC L'IIUI'I In l'nl'fCCI 5:1111 IIL'1115 allrl hCar :Illy Itnmlllill L'X pL'IlSL` In CUI rL'CI IIIL' $n111C prior to
<br />Y'lusing. II such unsllisfachlry title eunJitiun(sl arc nut currerlnl on nr before Clusiug, Ibis cumn~t shall than terminate; pruviJcd, however. Iluycr
<br />may, by wrillcn notice received by Seller, un rn before Closing, waivu ohjecliun m such items.
<br />e. "Title AJvisury, Thu 'lids Ducuntcnls ailed nc~ litlo, ownership ;Ind ux ul' the Pn,peny anJ shout) he IcvicweJ wlcfully.
<br />AJdition;dly, ntltcr m:d)ers nut rcflcdcJ in Ihc'lidc pucumdns may allcd the title, ownership and use ul'thc Properly, iuduJing without limita-
<br />liun huuud;uy lines ^1111 dll'rl1:Id1111C1115, are'il, 7.1111 lllg, Illlfe'l'lll 111`11 l';ISL'llll•III$ond d~dints ul' etsemdlls, leases and usher uurerunlcJ ngrcducros, :uul
<br />v;niuus hlsvs anJ guvcnuncnlal I'L•g111811n115 [ltllCl'I'lllllg 181111 lISL', lIL'VL'IttI,ItlClll anJ cnvimm~tcmal matters. The sw face cxlule uwy be uwuul srpa-
<br />ratdy punt the unJerlying mincrnl csmrc, ;utJ transl'cr uhhc sur(are estate Jucs uul nccess;trily include transfer ul Ihu minced rigltl5. 'I'hirJ p,utics
<br />way hull intcrcxts in oil, gas, other mincnds, gcolhcrncJ cucrgy ur w;dcr nn or unJer the PI'nhl'I'Iy, WI11L'II IIIIL•rl`115 Itlily glVe Ihcw lights w aver
<br />anJ use the I'ngtmty. Such utaucrs stay he ezduJeJ Irum the tide insurance policy. Ihq~cr is advised m lintdy consuh Icgnl counsel wish respcd
<br />wall suds umurrs as Jtere arc slrid lime limits provide) in Ibis cunlracl (c.g.,'I'ille Objection UeaJline j§ 2cJ anJ OI'f-Itecnnl Aiallers Objccliun
<br />1'R()1'1?It'1'1' pISCI.O5l1Rli ANp INSI'1?C'1'ION.
<br />u. Inspedlan OLJecllon UenJline. Ruycr shall hove the right m hove inspection(s) of the physicnl conJitian ul' the Prnpeuy unJ Inclusions,
<br />al Buyer's expense. I( the physical conJition of the Pn,peny or Inclusions is unsatisfactory in Iluyer's suhjedivc discretion, Ruycr skull, nn or
<br />before Inspecliuu Objeclimt Duulllne (4 2c):
<br />(1) nutil'y Scllcr in writing thol this rnmrad is mnninalcJ, or
<br />(2) provide Seller with u wriucn Jesa~iption of uny unsatisfactory physicnl cmtJiliun which Buyer requires Scllcr m correct (Nolicc m
<br />Cortecq.
<br />If wriucn naice is not reterveJ by Seller on nr before Inspecllnn OhJedlun peuJllne (§ 2c), the physical canJiuon n(the Property and
<br />Inclusions shall he deemed to he snlisfacwry to Iluycr.
<br />b. Itcsolulian Dcadlinc, If a Nolicc In Cun'ccl is rcccivcJ by Scllcr anJ if Ihtyer and Seller have not agreed in writing to n sdllcn¢nl
<br />tltercul' on ur bdure Resolution peuJlinc (§ 2c), this cmumcl shall Icrutinate one rddular clay liilluwing the Itcsolulinn Uendline (§ 2c), unless
<br />before such tcnniumiun Scllcr receives Buyer's wrillcn withdrawal o(the Nolicc to Currcd.
<br />c. p:unagr, Liens; Indemnify. Iluycr is responsible fur payntcm I'ur ;III IIISpCrnu115, SIIrVL`y5, L•IlglileCll llg rL•pnIIS nl' liu any other work
<br />performed at Buyer's request nnJ shall pny for any Janmgc which occurs Iu the I'rupdty ;InJ Indusirnts us n resuh of such adivilies. Ruycr shall
<br />nnl penult duims ur liens of uny kind against the Properly (ur inspcetions, surveys, enginceriug reports anJ fur uny other wwk pcrl'nnunl un Ihu
<br />Pfrtpl'rly el Illlylr'11'l'(IIICSI. BIIyL'r agrees 111 IIIJdlllllly, prltll'CI allll IIItIJ ScIICf IIarI1JCtiY IR1111 aIIJ ng:111151 ally hablllt y, JaItn16C, Ct151111' a%I,C IISL`
<br />incurreJ by Scllcr iu connedinn with any such inspcclion, claim, or lieu. ')'his inJcmniry indnJes Scllcr's right Iu recover all rusts and expenses
<br />iucurreJ by Scllcr bt enforce this subscdiun, Illl'hlJlllg Scllcr'$ fl`a5nllal,ll' auurucy Ices. 'I~hc provisions of Ibis subsection shall siovive Ihu ter-
<br />minaliun ul Ibis contract.
<br />I1. CLOSING. Delivery of deed(s) from Scllcr m Buyer shall be at Closing (Closing). (:losing shall he on the Jute specified as the Closing
<br />pore (§ 2c) or by mutual agrecmem al an earlier Jalc. "fhe hour and place o(Closing shall he as Jcsignaled by mul' ua 1 agreement o f
<br />Bu er and Seller
<br />12. 'TRANSFER OF TITLE. Subject m lender or paymcm at Closing as require) herein and compliance by Iluycr wish the nlhcr terms and
<br />provisions hereof, Scllcr shall execute nnJ deliver a goof nnJ sulTicicm ~^~ (a l va rran r y JceJ w Iluycr, m Closing,
<br />conveying the Pntpeny free anJ dear of all taxes except Iho general l ** fur the year of Closing. Cxeepl as proviJeJ herein, title shell he con-
<br />veyed (tee anJ dear of oil liens, including any guvernntemal liens full special improvemdus~ 'gfxHUre41ereee,
<br />~~ylel. Title shall he coltveyeJ subject lo:
<br />n. those specific Exceptions descrihcJ by rcrcrence to recorded Jocuntenls as rellednJ in lheTille Documents accepted by Buyer in accor-
<br />Jance wish § 8a ('I'dle Revicw),
<br />b. Jistributiolt utility e9semenls,
<br />c. those specifically described rights of Iltird parties not shown by Ilte public records of which Bllyer has oclual kttowlcdge and which were
<br />accepted by Rltyer in accordance with § 86 (Matters Nor Shuwlt I,y the Public RccnrJs), alt)
<br />d. inclusion of the Properly within any special taxing dislrid, anJ
<br />e, the hcncrirs anJ burdens of any dcdar;uion anJ party w;Jl agrccntcnrs, i(mty, unJ
<br />f. otltcr covenants conditions restrlctiotts reservations. easemenfs.~lgtlT.& and***
<br />13. PAYMENT OF ENCUMBRANCES. Any encumhnusc require) Iu be pall shall be pal) at ur before Closing from the proceeds of Ibis
<br />Iransadion or from any other source.
<br />14. CLOSING COSTS; DOCUMEN9'S AND SERVICES. Buyer mtd Seller shall pay, in Good Funds, Ihcir respcdivc Closing costs and
<br />all abet items require) to be pail al Closing, except as otherwise proviJcJ herein. Buyer and Seller shall sign anJ complete all customory or rea-
<br />sonably require) Jncwncros m nr before Closing. Pees for nal esmte Closing services shall be puiJ at Closing by ~ lhte-Ilulf by Iluycr mul
<br />One-Ilnlf by Scllcr ~ '
<br />The local transfer tax of N ~A 'X, of the Purchase Price shall be pail aI Closing by ^ Ituyer ^ Seller. Any salts nnJ use tux Ihal may
<br />accrete because of this Iranseclion shall he pnid when Jue by ^ Buyer ^ Seller.
<br />X74
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<br />*See Rider.
<br />**past due installments for
<br />***rights-of-way of r~dpx~-:.
<br />
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