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claiming by , though , or under Buyer shall have any claim for specific performance , damages or <br /> otherwise against Indian River County as Seller ; or ( ii ) obtain specific performance of the terms <br /> and conditions hereof; or ( iii ) waive Seller' s default and proceed to Closing : <br /> 7 . Closing . <br /> 7 . 1 The closing of the transaction contemplated herein ( " Closing " or " Closing Date " ) <br /> shall take place within sixty ( 60 ) days following the Effective Date of this Agreement . The parties <br /> agree that the Closing shall be as follows : <br /> ( a ) Indian River County as Seller shall execute and deliver to Buyer a County deed <br /> conveying marketable title to the Property as required by Paragraph 3 of this Agreement . <br /> ( b ) Buyer and Seller acknowledge and agree that Buyer is currently in possession of the <br /> Property under the terms of the Lease , and the delivery of unencumbered possession of the <br /> Property to Buyer shall be accomplished by the delivery and recordation of : ( i ) the County deed <br /> as set forth in this Agreement in the public records of Indian River Count , Florida ; and ( ii ) the <br /> Indian River County Board of County Commissioners resolution required by Florida Statutes <br /> section 125 . 38 in the Indian River County Board of County Commissioners Records Books kept by <br /> the Clerk of the Circuit Court . <br /> ( c) Buyer and Seller shall each deliver to the other such other documents or instruments <br /> as may reasonably be required to close this transaction . <br /> 8 . Closing Costs : Expenses . <br /> 8 . 1 . Seller shall prepare the County deed and resolution required in Paragraph 7 . 1 of this <br /> Agreement . <br /> 8 . 2 Buyer shall pay the following expenses at Closing : <br /> 8 . 2 . 1 The cost of recording the County deed , together with payment of all documentary <br /> stamps required to be affixed to the County deed ; <br /> 8 . 2 . 2 . All documentary stamps , any other taxes and surcharges , and all recording fees <br /> associated with the recordation of any note and mortgage obtained by Buyer; all recording fees on <br /> any financing statements associated with any financing obtained by Buyer ; any and all loan <br /> expenses incurred by Buyer in connection with the transaction contemplated in this Agreement . ; <br /> and all title insurance premium and endorsement costs associated with any lender' s title policy and <br /> owner' s title policy for the Property . <br /> 8 . 2 . 3 . All taxes and special assessments which are a lien upon the property on or prior to <br /> the Closing Date ( except current taxes which are not yet due and payable ) shall be paid by Buyer . <br /> 8 . 3 Seller and Buyer shall each pay their own attorneys ' fees , if any , in connection with <br /> the transaction contemplated in this Agreement . <br /> 9 . Miscellaneous . <br /> 3 <br />