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<br />Texas 78666, Attn: Gene Majors (the "Title Company") or at such other place as the parties may <br />mutually agree. <br /> <br />At closing, Seller shall deliver to Buyer all of the following: <br /> <br />1) A Special Warranty Deed which shall be recorded at Buyer's expense and <br />shall convey title to the Property, subject to the Permitted Exceptions. <br /> <br />2) An Owner's Policy of Title Insurance. The policy shall be in the form <br />prescribed by the State Board of Insurance, subject to the Permitted Exceptions, and <br />shall be paid by Buyer. <br /> <br />3) A Quitclaim Bill of Sale conveying all of Seller's interest in the Personal <br />Property purchased by Buyer. <br /> <br />4) Any additional documentation reasonably requested. <br /> <br />At closing, Buyer shall execute and deliver to Seller the following: <br /> <br />1) A certified or cashier's check, or wire transfer, in the amount of: <br /> <br />(a) the Purchase Price, due credit being given for the Earnest Money; <br />(b) $30,000.00 (the "Indirect Cost Reimbursement") as reimbursement of <br />Seller's indirect costs; <br />(c) $3,639.90 (the "Prior Acquisition Reimbursement") as reimbursement <br />for Seller's costs in its acquisition of the Property; and <br />(d) Seller's total out-of-pocket costs incurred by Seller during its ownership <br />of the Property (the "Holding Costs Reimbursement"), including, <br />without limitation, interest (through the date of payment under this <br />section) from any internal or third party financing obtained by Seller <br />for its acquisition and ownership of the Property at a rate not to <br />exceed the Wall Street Journal prime rate, reasonable attorneys fees <br />for outside counsel retained by Seller to defend any claims or suits <br />arising in connection with the Property, liability and casualty <br />insurance, taxes, and necessary repairs, maintenance and security <br />expenses. Seller agrees to use reasonable efforts to minimize its <br />holding costs prior to closing. The amount of the Holding Costs <br />Reimbursement shall be set forth in an invoice submitted by Seller to <br />Buyer and paid by Buyer at the earlier of closing or if submitted after <br />closing, within thirty (30) days after Buyer's receipt of such invoice. <br /> <br />2) The Special Warranty Deed. <br /> <br />3) The Quitclaim Bill of Sale. <br /> <br />3 <br />