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.CJ <br /> the closing of this transaction is contingent on the title <br /> insurance company's commitment to insure title to the property free <br /> and clear of all liens and encumbrances except 1994 property taxes <br /> based on said order of the Bankruptcy Court. <br /> 9 . Closing shall occur at the offices of Stewart Title of <br /> Glenwood Springs, Inc. , on a date and time to be agreed upon not <br /> later than thirty (30) days following signing of authorizing <br /> Bankruptcy Court order. <br /> 10. Subject to tender or payment on closing as required <br /> herein and compliance by Purchaser with the other terms and <br /> conditions hereof, Seller shall execute and deliver a good and <br /> sufficient special warranty deed to Purchaser, on closing, <br /> conveying the property free and clear of all taxes except general <br /> taxes for 1994 payable in 1995; except distribution utility <br /> easements, matters reflected by title documents accepted by <br /> Purchaser as stated above, and rights, if any, of third parties not <br /> shown by public records in accordance with section 4(b) above and <br /> subject to building and zoning regulations. Any encumbrances <br /> required to be paid shall be paid at or before closing and at the . <br /> time of settlement from the proceeds of this transaction or from <br /> any other source. <br /> 11. Possession of the property shall be delivered on date of <br /> delivery of deed, except that the right of access is reserved under <br /> conditions that will create no unnecessary interference with <br /> Purchaser's development of the property for the purpose of removing <br /> structures and properties as described in paragraphs 12 and 1.1 <br /> below and performing environmental clean up as described in <br /> paragraph 14 below. <br /> 12. Seller shall cause to be removed from the premises, at <br /> its sole expense, all limestone, magnetite, personal property, <br /> conveyors, and structures, with .the exception of the main building <br /> where the rock dust machinery is housed and the storage tanks , <br /> building and facilities attached to or within the packwall <br /> aggregate plant within six (6) months from do�e of Bankruptcy Court <br /> approval. <br /> 13 . Seller shall cause to be removed from the premises, at <br /> its sole expense, the building, machinery and remainder of the <br /> property, down to foundations, within one (1) year from the date of <br /> Bankruptcy Court approval. <br /> 14. within six (6) months following Bankruptcy Court <br /> approval, Seller shall remove, at its sole expense, all trash <br /> piles, scrap metal, waste materials, and all other debris from the <br /> property, and cause the premises to be placed in a clean and <br /> orderly condition (subject to building and structural removal <br /> provided in paragraphs 12 and 13 ) . <br /> 4 <br />