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n <br />u <br />11.4 TITLE. At le <br />referenced in Para ra h <br />Tenant with a tit a nsur <br />company of Landlord's cho <br />disclosing marketable ti <br />encumbrances except for ri <br />record, general real est <br />thereafter, the liens o <br />similar items. Tenant st <br />delivery of said title i~ <br />the same examined and to <br />If Tenant objects to any <br />transaction may be termi~ <br />elect to purchase the l <br />without any abatement of e <br />11.5 <br />(a) Possession <br />will already b~ pc <br />(b) Closing. <br />at a date, time an <br />however, said closi: <br />after the expiratio <br />expiration of the <br />prorated between the <br />for the last month <br />Leased Premises to <br />only to the items ; <br />shall be considered <br />an agreement stating <br /> <br />ist sixty (60) days prior to closing as <br />11.5 (b) below, Landlord shall provide <br />ince commitment from the title insurance <br />.ce in the amount of the purchase price <br />le, frae and clear of all liens and <br />~hts of way and easements in existence of <br />ite taxes for the year of closing and <br />j any special statutory districts and <br />X11 have ten (10) days from the date of <br />urance commitment within which to have <br />dvise if title is acceptable to Tenant. <br />itle defect which cannot be cured, this <br />ted at Tenant's option, or Tenant can <br />ased Premises with said title defect <br />y portion of the purchase price. <br />If the transaction is closed, Tenant <br />ssion of the Leased Premises. <br />Losing of this transaction shall be held <br />place to be set by Tenant, provided, <br />shall be held within thirty (30) days <br />of the Primary Term. Aent from the <br />.~ to the date of closing shall be <br />>arties at a rent rate equal to the rent <br />F the Term. Landlord shall convey the <br />~nant by general warranty deed, subject <br />t forth above. At closing, the Lease <br />erminated and the parties shall execute <br />he same. <br />(c) Ad'ustment Real estate taxes for the year of <br />closi.nq based on the previous year's taxes, insurance, rent, <br />utilities and all sim lar items shall be adjusted and prorated <br />between the parties a of the date of closing. <br />11.6 GRANT OF EAS NT. If Tenant exercises its option to <br />purchase the Leased Prem ses as set forth above, at closing, <br />Landlord shall grant to Tenant a written recordable easement <br />satisfactory to Tenant rom U.S. Highway 287 to the Leased <br />Premises. <br />10 <br />