Agenda - Council - 03/26/2024 - Laserfiche WebLink

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iv. Seller's affidavits, well disclosure certificate (if required), settlement statement approved by Seller and Buyer, and any other documents required by the Escrow Agent; and v. All other agreements, documents and instruments necessary or incident to consummation of the transactions contemplated hereby. b. Buyer's Obligations at Closing. 0 At Closing, Buyer Must*. i. Wire Transfer (or deliver a certified check in) an amount equal to the amount of the Purchase Price adjusted for to reflect Buyer's prior payment of the Earnest Money and to reflect amounts Buyer Must pay or will receive pursuant to Section 14(c), to Escrow Agent for disbursement to Seller and others pursuant to this Agreement and the Settlement Statement; ii. Execute and deliver the Right of Re-Entry Agreement provided for in Section 28 below; iii. File or cause Escrow Agent to file an Electronic Certificate of Real Estate Value, if required and necessary; and iv. All other agreements, documents and 'instruments necessary or incident to consummation of the transactions contemplated hereby. c. Closiniz Costs. i. At Closing, the following Seller closing costs and expenses i-nUst be paid from the Purchaser Price or, if the Purchase Price is not sufficient, paid by Seller: I Seller shall pay all Outstanding property taxes, 'Including but not limited to, payable 2024 for the Property. 2. Seller shall pay all special assessments levied or pending against the Property as of the Closing Date. 3. Seller's own attorney's fees. 4. One-half the cost of any closing fees. S. The cost of real estate broker commission fees as prescribed in Section 14. 6. State Deed Tax. 7. Cost of issuance of the Title Commitment. ii. At Closing Buyer must pay the Purchase Price to Seller and the following costs and expenses: -9- El rror!UnImown document property name.