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• L. Access/inspection of property <br /> 1. Buyer will be allowed access to inspect property but will repair any damage <br /> resulting from inspection <br /> 2. Buyer will indemnify Seller against mechanics' liens related to inspection <br /> 3. Sale contingent upon inspection <br /> O. Buyer's contingencies <br /> 1. Seller will have met all warranties and representations as of closing date <br /> 2. Buyer will review and approve pre-closing information <br /> 3. Buyer will review and approve title <br /> 4. Buyer will be satisfied with inspection, environmental studies <br /> 5. Condition of the property is acceptable to Buyer(subdivision, grading, <br /> utilities, street . . . ) <br /> P. Documents delivered at closing <br /> 1. Warranty deed <br /> 2. Seller's affidavit <br /> 3. Other <br /> Q. Cost allocations of the following <br /> 1. Closing fees <br /> 2. Deed tax <br /> 3. Real estate tax <br /> 4. Real estate assessments and special assessments <br /> 5. Recording costs <br /> • 6. Attorney's fees <br /> 7. Broker's fees: Seller to pay Buyer's broker's fees cap to 4% <br /> R. Governing law <br /> IV. PRICE SCHEDULE <br /> A. Single price per square foot for all land. <br /> B. Price can adjust upward over time. <br /> C. Price to include Seller payment of special assessments, if improvements are <br /> installed by date of sale to Buyer/User. <br /> • <br /> PhillA 525135.2 Page -4- <br />