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3. One-half the cost of any closing fees. <br /> 4. The cost of providing Title Commitment as prescribed in Section 6 <br /> 5. The cost of real estate broker commission fees as prescribed in <br /> Section 15. <br /> ii. At Closing Buyer must pay the Purchase Price to Seller and the following <br /> costs and expenses: <br /> 1. Buyer's portion of prorated property taxes. <br /> 2. Buyer's own attorney's fees. <br /> 3. One-half the cost of any closing fees. <br /> 4. Documentary and recording fees for the deed(s). <br /> 5. The cost of the owner's title insurance policy if Buyer elects to <br /> purchase an Owner's title insurance policy. <br /> 6. State deed tax <br /> d. Possession. Seller must deliver possession of the Property to Buyer at Closing. <br /> 15. REAL ESTATE BROKERS. Seller and Buyer represent and warrant to each other that <br /> they have dealt with no brokers, real estate agents, finders or the like in connection with <br /> this transaction, other than CBRE, Inc. ("Seller's Broker"), which represents Seller. <br /> Seller shall pay Seller's Broker as required by their agreement(5% of final sale price). <br /> Seller and Buyer agree to indemnify each other and to hold each other harmless against <br /> all claims, damages, costs or expenses of or for any broker's fees or commissions <br /> resulting for their actions or agreements regarding the execution or performance of this <br /> Agreement, other than the fees payable to Seller's Broker, and will pay all costs of <br /> defending any action or lawsuit brought to recover any such fees or commissions <br /> incurred by the other party, including reasonable attorney's fees. <br /> 16.ASSIGNMENT. This Agreement may not be assigned without the written consent of <br /> the non-assigning Party. The City recognizes the Buyer intends to bring a future request <br /> to reassign this Agreement to Stone Brook Academy LLC, a company that will be <br /> registered officially with the State of Minnesota. <br /> 17. THIRD PARTY BENEFICIARY. There are no third party beneficiaries of this <br /> Agreement, intended or otherwise. <br /> 18.JOINT VENTURE. Seller and Buyer, by entering into this Agreement and completing <br /> the transactions described herein, shall not be considered joint venturers or partners. <br /> 19. CAPTIONS. The paragraph headings or captions appearing in this Agreement are for <br /> convenience only, are not a part of this Agreement, and are not to be considered in <br /> interpreting this Agreement. <br /> 20. ENTIRE AGREEMENT/MODIFICATION. This written Agreement, and the related <br /> Development Agreement, if any, constitutes the complete agreement between the parties <br /> 8 <br />