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contingency has not been satisfied. Upon such termination, the Earnest Money shall be refunded <br />to Buyer and upon such return, this Agreement shall become null and void and neither party will <br />have any further rights or obligations regarding this Agreement or the Property. Should Buyer <br />fail to give notice of termination on or before the applicable date stated above with respect to any <br />of the foregoing contingencies, the contingency in question shall be conclusively deemed to have <br />been waived by Buyer. Buyer shall have the right to unilaterally waive any contingency by <br />written notice to Seller. <br />Seller shall allow Buyer, and Buyer's agents, access to the Property without charge and at <br />all reasonable times for the purpose of Buyer's investigation and testing. Buyer shall pay <br />all costs and expenses of such investigation and testing, except as herein otherwise <br />expressly stated, and shall hold Seller and the Property harmless from all costs and <br />liabilities relating to Buyer's activities. Buyer shall further repair and restore any damage <br />to the Real Property caused by or occurring during Buyer's testing and return the Real <br />Property to substantially the same condition as existed prior to such entry. <br />4. Closing. Unless otherwise agreed to by the parties, the closing of the purchase and sale <br />contemplated by this Agreement (the "Closing") shall be held on the first business day <br />which is five days after the date on which the contingencies described above in Section 3 <br />of this Agreement have been waived or satisfied (the "Closing Date"), but no later than <br />August 11, 2014. The Closing shall take place at 10:00 a.m. local time at the office of the <br />Title Company or at such other place and time as may be mutually agreed to. Seller <br />agrees to deliver possession of the Property to Buyer on the Closing Date. <br />a. Seller's Closing Documents. On the Closing Date, Seller shall execute and/or <br />deliver to Buyer the following (collectively, "Seller's Closing Documents"): <br />i) Warranty Deed. A Warranty Deed conveying the Property to Buyer, free <br />and clear of all encumbrances, except the Permitted Encumbrances <br />hereafter defined. <br />ii) Seller's Affidavit. An Affidavit of Title by Seller (Uniform <br />Conveyancing Blanks Form No. 116-M) indicating that on the Closing <br />Date there are no outstanding, unsatisfied judgments, tax liens or <br />bankruptcies against or involving Seller or the Property; that there has <br />been no skill, labor or material furnished to the Property by Seller for <br />which payment has not been made or for which mechanics' liens could be <br />filed; and that there are no other unrecorded interests in the Property, <br />together with whatever standard owner's affidavit and/or indemnity <br />(ALTA Form) which may be required by the Title Company to issue an <br />Owner's Policy of Title Insurance with the standard exceptions waived. <br />iii) FIRPTA Affidavit. A non -foreign affidavit, properly executed and in <br />recordable form, containing such information as is required by IRC <br />Section 1445(b) (2) and its regulations. <br />4 <br />