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6 . 2 Pro-rations . All taxes and special assessments which are a lien upon the property on or <br /> prior to the Closing Date (except current taxes which are not yet due and payable) shall be paid <br /> by the Seller. If the Closing Date occurs during the time interval commencing on November 2 <br /> and ending on December 31 , Seller shall pay all current real estate taxes and special <br /> assessments levied against the Property , prorated based on the "due date" of such taxes <br /> established by the taxing authority having jurisdiction over the Property . If the Closing Date <br /> occurs between January 1 and November 1 , the Seller shall , in accordance with Florida Statutes <br /> section 196 . 295 , pay an amount equal to the current real estate taxes and assessments , <br /> prorated to the Closing Date . <br /> 7 . Closing Costs ; Expenses . County shall be responsible for preparation of all Closing <br /> documents . <br /> 7 . 1 ' County shall pay the following expenses at Closing : <br /> 7 . 1 . 1 The cost of recording the warranty deed and any release or satisfaction obtained by <br /> Seller pursuant to this Agreement . <br /> 7 . 1 . 2 Documentary Stamps required to be affixed to the warranty deed . <br /> 7 . 1 . 3 All costs and premiums for the owner's marketability title insurance commitment and <br /> policy, if any. <br /> 7 . 2 Seller shall pay the following expenses at or prior to Closing : <br /> 7 . 2 . 1 All costs necessary to cure title defect(s) or encumbrances , other than the Permitted <br /> Exceptions , and to satisfy or release of record all existing mortgages , liens or encumbrances <br /> upon the Property. <br /> 7 . 3 The Seller and County shall each pay their own attorneys' fees . <br /> 8 . Miscellaneous . <br /> 8 . 1 Controlling Law. This Agreement shall be construed and enforced in accordance with the <br /> laws of the State of Florida . Venue shall be in Indian River County for all state court matters , <br /> and in the Southern District of Florida for all federal court matters . <br /> 8 . 2 Condemnation . In the event that all or any part of the Property shall be acquired or <br /> condemned for any public or quasi-public use or purpose , or if any acquisition or condemnation <br /> proceedings shall be threatened or begun prior to the Closing of this transaction , County shall <br /> have the option to either terminate this Agreement, and the obligations of all parties hereunder <br /> shall cease , or to proceed , subject to all other terms , covenants , conditions , representations and <br /> warranties of this Agreement , to the Closing of the transaction contemplated hereby and receive <br /> title to the Property ; receiving , however, any and all damages , awards or other compensation <br /> arising from or attributable to such acquisition or condemnation proceedings . County shall have <br /> the right to participate in any such proceedings . <br /> F Rwjnue�rino I ow,t:i .ouisi ( rata A(: a I" a1 t n js[S�OOrh NvCnuu Projucl R ddonbcry Vnom2nd m ui ,1 11, h 'n11" T ,ej r.doc 3 <br />