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Commissioners at a formal meeting of the Board . The purchase price was established by an appraisal of the Properties acres performed by an MAI appraiser who was mutually agreed upon by the parties . The County shall pay and Seller shall accept the appraised value of the Right-of-Way Property , Drainage Easement and Temporary Construction Easement as the Purchase and Sale price of the Properties . The Purchase Price shall be paid on the Closing Date , The Effective Date of this Agreement shall be the date upon which the Board of County Commissioners shall have approved the execution of this Agreement . 4 . Title . Seller shall convey marketable title to the Right-of-Way Property by warranty deed free of claims , liens , easements and encumbrances of record or known to Seller ; but subject to property taxes for the year of Closing and covenants , restrictions and public utility easements of record provided ( a ) there exists at Closing no violation of any of the foregoing ; and ( b ) none of the foregoing prevents County' s intended use and development of the Property (" Permitted Exceptions " ) . 4 . 1 County may order an Ownership and Encumbrance Report or Title Insurance Commitment with respect to the Properties . County shall within fifteen ( 15 ) days following the Effective Date of this Agreement deliver written notice to Seller of title defects . Title shall be deemed acceptable to County if : ( a ) County fails to deliver notice of defects within the time specified , or ( b ) County delivers notice and Seller cures the defects within thirty ( 30 ) days from receipt of notice from County of title defects ( " Curative Period " ) . Seller shall use its best efforts to cure the defects within the Curative Period and if the title defects are not cured within the Curative Period , County shall have thirty ( 30 ) days from the end the Curative Period Seller , to : ) terminate l Agreement , whereupon ll be of no further force and effect , or ( ii ) extend the Curative Period for up to an additional 90 days ; or ( iii ) accept title subject to existing defects and proceed to closing . 5 . Representations of the Seller . 5 . 1 Seller is indefeasibly seized of marketable , fee simple title to the Properties , and is the sole owner of and has good right , title , and authority to convey and transfer the Property which is the subject matter of this Agreement , free and clear of all liens and encumbrances . 5 . 2 From and after the Effective Date of this Agreement , Seller shall take no action which would impair or otherwise affect title to any portion of the Properties , and shall record no documents in the Public Records which would affect title to the Properties , without the prior written consent of the County . 5 . 3 There are no existing or pending special assessments affecting the Properties , which are or may be assessed by any governmental authority , water or sewer authority , school district , drainage district or any other special taxing district . 5 . 4 Upon reasonable notice , the Vista Plantation Golf Course superintendent will be 3