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<br /> -6- <br /> 9. CLOS IE. <br /> A. The closing of the sale (the Closing Date) shall be on or <br /> before June 30, 1991. <br /> B. At the closing, Seller shall deliver to Buyer: <br /> ( i) a General Warranty Deed conveying the Property, <br /> subject only to reservations or exceptions <br /> previously approved by Buyer in accordance with <br /> Paragraph 8.A; <br /> (ii) An Owner's Policy of Title Insurance (the "Title <br /> Policy") issued by the Title Company in full amount <br /> of the Sales Price, dated as of closing insuring <br /> Buyer's fee simple title to the Property to be good <br /> and indefeasible subject only to those title <br /> exceptions permitted herein, or as may be approved <br /> by Buyer in writing, and the standard printed <br /> exceptions contained in the usual form of the Title <br /> Policy, provided, however: <br /> (a) the exception as to area and boundaries shall <br /> be in accordance with Paragraph 7.A.2.; <br /> (b) the exception as to restrictive covenants <br /> shall be endorsed "None of Record", or, if of <br /> record, restrictive covenants shall be <br /> referenced by appropriate recording <br /> information; and <br /> (c) the exception as to taxes shall be limited to <br /> taxes for the current year and subsequent <br /> years, and s\.'lbsequent assessments for prior <br /> years due to changes in land usage or <br /> ownership; and <br /> (iii) possession of the Property. <br /> C. At the closing, Buyer shall deliver to Seller the cash <br /> portion of the Sale Price (the Earnest Money being applied <br /> thereto.) <br /> D. Unless otherwise provided herein, costs for the Survey, <br /> the Title Policy, preparing Deed, tax certificates, and 1/2 of the <br /> escrow fee and environmental assessment report, as provided in <br /> paragraph 6.B. shall be at Seller's expense. All other costs and <br />