Resolution 2008-29 - Laserfiche WebLink

Home Browse Search

the. offices of the title company issuing t11e title commitment pursuant to Paragraph 5 or such other place as may be desigytated by mutual written agreement of the parties. 9. Purchaser and Seller shall sign .and complete all customary or required documents at or before closing. Settlement. sheets Far the closing shall be titrnisht~d by Seller to the Purchaser at least three work'sng days before the date set for closing. Costs anti fees fbr real estate. closing and settlement services shall be paid at closing fifty percent by Seller and fifiy percent by Purchaser. 10. Any encumbrance, including but not limited to any deed of trust, •judgment, ur other lien upon the property, required. to be paid by Seller shall be paid at or before the tithe ofclosing from the proceeds ol'this transaction or tiom any other source. 11. At the time of closing Ind upon Purchaser's compliance with the terms and provisions of this Contract, Seller shall d~:liver: a. A good and suf~tcient general warranty deed in a form acceptable to Purchaser, properly executed and acknowledged, conveying the Property free and clear of all liens, judgments, deeds of trusts, tenancies and other encumbrances excerpt those set forth in Paragraphs 6.a. and b. above; h. If requested by Purchaser, a good. and sufficient. assignment and bill of sale in a form acceptable. to Purchaser, conveying any rights in personal J~roperty as described in Paragraph t , above; c. All instruments, certificates, affida~~its, and other documents necessary to satisfy the requirements listed on Schedule B-1 of tl~e title coi~~mitment; d. r1n update of the title commitment, at Purchaser's expense, showing title to the Property to be sub}eci only to the permitted exceptions dete;rnlned by PaE•agc•aphs 5-7, abov=e; c. A certification that the. representations and ~varraiYties of Sclle:r pursuant to Paragraph 1 G continuo to be true and correct as of the date of closing; and f. Seller's closing costs and any other documents required by this Contract to be delivered by Seller to the title company or reasonably required by Purchaser oc the title company itt connection herewith. 12. AC tl~e time o!' closing and, upon Seller's cotnpliaince with the terns and prr.~visions of~ this Contract, Purchaser shall deliver: a. The purchase price: b. Purchaser's closing costs and any other documelltS required by this Contract to be delivered by Purchaser to the title company or reasonably required by Seller or tl~e title eotnptny in connection heteti3rith.