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If Purchaser does not send Seller a written notice of Purchaser's waiver of the Conditions <br /> to Purchase, or right to extend, the purchase agreement shall be deemed terminated, <br /> Purchaser's Earnest Money shall be returned to Purchaser and the parties shall have no <br /> further rights or obligations to each other. Seller shall cooperate with and reasonably aid <br /> Purchaser in the satisfaction of the aforementioned contingencies. <br /> Seller Information: Within thirty (30) days of execution of the purchase agreement, Seller shall provide <br /> Purchaser with the following: <br /> (i) All information Seller has related to the conditions of the site including <br /> environmental and soil conditions. Seller will provide Purchaser with copies of <br /> any reports previously obtained or information previously received, including <br /> without limitation any information or reports of any governmental agency <br /> concerning the property that are in the Seller's possession or control. <br /> (ii) A copy of any current survey,engineering drawings or plats. <br /> (iii) Copies of all architectural drawings and plans previously prepared for the site. <br /> Closing Date: Thirty(30)days from the Purchaser's waiver of the Conditions to Purchase. <br /> Title Inspection: Within thirty (30) days of the execution of a purchase agreement, Seller will provide <br /> Purchaser a title insurance commitment It will be the Purchaser's responsibility for any <br /> owner's policy of title insurance and associated premium. Purchaser will have thirty (30) <br /> days after receipt of the title insurance commitment to notify Seller of any objections to <br /> title and Seller shall have sixty(60)days to cure any defects. <br /> Seller Warranties: Seller warrants to Purchaser at the time of execution of the purchase agreement and upon <br /> Closing that the following are true and correct: <br /> 1) Seller is in good standing and has all the appropriate authority. <br /> 2) Property is in full compliance with all applicable codes,laws and orders. <br /> 3) Convey good and marketable title. <br /> 4) No action or litigation pending. <br /> 5) No leases,easements,options or right of first refusal exist. <br /> 6) Cooperation with Purchaser in obtaining any necessary approvals. <br /> 7) Seller will locate and cap all wells located upon property. <br /> 8) No environmental issues other than those that are disclosed. <br /> Real Estate Taxes: Real estate taxes payable in the year of closing shall be prorated between the Seller and <br /> Purchaser. All prior years paid in full by Seller. The Property shall become a new <br /> separately platted parcel and shall be separately assessed for real estate taxes. <br /> aes : a <br />