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/' <br />~; . ~~ <br />r- <br />3. Conveyance of Title to the Property. Subject to payment <br />at or prior to the Closing, and compliance by Fishers with all <br />other terms and conditions of this Agreement, at or prior to the <br />Closing, Rimrock shall (a) execute and deliver to Fishers (or to <br />one or mote designees of Fishers) two good and sufficient Special <br />Warranty Deeds (the 'Special Warranty Deeds'), substantially in the <br />form of Exhibits A and B hereto, respectively, and a good and <br />sufficient Quit Claim Deed, in the form of Exhibit C hereto, <br />without any warranties of title or as to claims against the <br />Property whatsoever, except as provided in the Special Warranty <br />Deeds, and (b) execute and deliver to Landmark a deed (the <br />'Easement Deed•), substantially in the form of Exhibit E hereto, <br />pursuant to which Rimrock shall convey to Landmark an easement (the <br />'Easement') over and across the Property, subject to the conditions <br />set forth in the Easement Deed. (All references to the purchaser <br />of the Property herein as 'Fishers' shall be deemed to include <br />Fishers' designee(s), in the event that any portion of or all of <br />the Property is conveyed to one or more designees of Fishers.) The <br />conveyances shall also convey by quitclaim all water and mineral <br />riohts if any. Rimrock, Davis and Waters hereby represent~t, <br />to the best of their knowledge, Rimrock owns no water rights or <br />valuable mineral rights appurtenant to the Property. <br />4. ~idence of Title. Fishers acknowledges that it has, at <br />its own expense, obtained a title commitment for the Property. <br />5. Title. Fishers acknowledges that it has conducted its <br />own due diligence investigation, at Fishers' sole expense, into <br />title to the Property and the environmental condition of the <br />Property. Fishers shall indemnify Rimrock and its agents, <br />contractors, attorneys, employees, officers and directors against, <br />and shall hold Rimrock and its agents, contractors, attorneys, <br />euq~loyees, officers and directors harmless from, any liability, <br />claim, damage, loss, cost or expense (including, without <br />limitation, attorneys' fees and costs) associated with entry onto <br />the Property by Fishers and its agents. Fishers hereby releases <br />Rimrock and its agents, contractors, attorneys, employees, officers <br />and directors from any claims Fishers has or may have in the future <br />associated with Fishers' entry onto the Property. Fishers shall <br />repair any damage to the Property associated with entry onto the <br />Property by Fishers and its agents. <br />Fishers acknowledges that, based upon its own independent <br />investigation into the Property, title to the Property and the <br />condition of the Property, including, without limitation, the <br />environmental condition of the Property, are satisfactory to <br />Fishers. At or prior to the Closing, Rimrock and Landmark shall <br />take all actions reasonable and appropriate to comply with the <br />requirements of First American Title Insurance Company's Agreement <br />to Issue Policy dated April 11, 1994, at 7:45 a.m. (Commitment No. <br />56843), including, without limitation, the release of the statement <br />-2- <br />