Agenda - Council - 09/26/2023 - Laserfiche WebLink

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(ii) The recording fees required for recording the Deed; (iii) The cost of any deed stamps or conveyance fees required to be paid in connection with the recording of the Deed from Seller to Buyer; (iv) The cost of all municipal services and public utility charges (if any) due through the Closing Date; (v) The cost to obtain the Title Commitment (including, without limitation, any title exam or search fees); (vi) 1/2 the recording fees required for recording the ECR; (vii) M2 of the fee charged by Escrow Agent for conducting the Closing. (c) Buyer's Expenses. Buyer shall, at the Closing (unless previously paid), pay the following: (i) The cost of the Title Policy (ii) %2 the recording fees required for recording the ECR; (iii} 1/2of the fee charged by Escrow Agent for conducting the Closing; and (iv) The recording fees required for recording the Lot Split Documents and Plat. (d) Brokers. Seller and Buyer each hereby warrants and represents to the other that it has not, with the exception of CBRE, Inc,, representing Buyer ("Broker"), engaged or dealt with any broker or agent in regard to this Agreement. Seller hereby agrees to pay all commissions and/or fees due to Broker pursuant to a separate agreement. Seller and Buyer (except as to Broker) shall indemnify and hold harmless the other from and against any other claim by any party claiming through Seller or Buyer, respectively, for any real estate sales commission, finder's fee, consulting fee, or other compensation in connection with the sale contemplated hereby and arising out of any act or agreement of such party. The indemnity obligations set forth above in this section shall survive both the Closing of the sale contemplated hereby and any termination of this Agreement. ARTICLE X EMINENT DOMAIN 10.01 Taking By Eminent Domain. If, prior to the Closing, eminent domain proceedings shall be threatened or commenced against the Property, or any part or portion thereof, Buyer shall have the option (a) to elect to proceed with this transaction, in which event any compensation 11 B: S: