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1 1 . SUITABILITY OF PROPERTY AND IMPROVEMENTS : In light of the limited role of <br /> this Firm , as Closing Agent in this transaction, to administer the closing and facilitate the <br /> issuance of title insurance, this Firm has not made and does not make any inquiries, <br /> investigations or representations as to the ( a ) physical or environmental condition of the <br /> Property, any improvements thereto, or any materials thereon ; or ( b ) suitability of the <br /> Property for any particular use . <br /> 12 . DISBURSEMENT AUTHORIZATION , ETC . : Closing Agent does not assume any <br /> liability or responsibility for any collection or proration for usage charges by any utility . <br /> Closing Agent does not assume any responsibility or liability for the collection of rents, <br /> gas/ electricity, taxes on personal property, garbage taxes or fees , license fees or taxes, <br /> service/ maintenance contracts ( pest control, appliance maintenance, pool care, lawn ( are, <br /> alarm systems, etc . ) , association assessments or dues, or estoppel information furnished by <br /> Mortgagees or others . Closing Agent does not assume liability for survey charges or expenses <br /> associated with property inspections or loan considerations . The Settlement Statement has <br /> been reviewed and approved and the Closing Agent is authorized and directed to complete <br /> the closing of the transaction and make disbursement in accordance therewith . In the event <br /> of a mortgage assumption , if Seller has received a credit for the escrow account balance, <br /> then Seller hereby assigns all right, title, and interest in said account to. Buyer . <br /> 13 , VOLUNTARY EXECUTION : BUYER and SELLER have signed the closing documents, <br /> including this Closing Agreement, freely and voluntarily intending to be bound thereby . <br /> Buyer and Seller acknowledge that this Agreement is being provided for the law firm of <br /> COLLINS , BROWN , CALDWELL, BARKETT 8t GARAVAG LIA, CHARTERED to serve as <br /> the Closing Agent and for the Title Agent, BRUCE BARKETT, and the Title Underwriter, <br /> to issue title insurance on the subject transaction . <br /> 14 . FACSIMILIE/COUNTERPARTS : This Agreement may be executed in any number of <br /> duplicate originals or facsimile copy and any such duplicate original or facsimile copies: shall be <br /> deemed to constitute one and the same instrument . <br /> 15 . Seller, Buyer, and Borrower are used for singular or plural, as the context so requires <br /> or admits . <br /> 16 . Additional clauses : NONE . <br /> BUYER : SELLER : <br /> INDIAN RIVER COUNTY , FLORIDA WINDSOR PROPERTIES <br /> A Political Subdivision of the State of Florida A Florida General Partnership <br /> BY : Torwest, Inc . , a Florida corporation <br /> B . / General Pa er <br /> Name Printed . r <br /> As its : BY : <br /> Name PHd :Mark Justice <br /> As Its : Pr dident <br /> DATE : a ' , 200 DATE : Qec�.Nti�i�. 23 , 2008 <br /> APPROVED AS TO FORM <br /> AN I AL JJR7 <br /> OY - <br /> WILLIAM K . I_aEFARAAL <br /> LlEi' E ) "iYGOI ] f�,I , fylf ilijc) lti � L-Y <br />