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103 CLOSING COSTS , FEES AND CHARGES 104 9 . CLOSING COSTS ; TITLE INSURANCE ; SURVEY ; HOME WARRANTY ; SPECIAL ASSESSMENTS : 105• (a ) COSTS TO BE PAID BY SELLER : • Documentary stamp taxes and surtax on deed , if any • HOA/Condominium Association estoppel fees • Owner' s Policy and Charges ( if Paragraph 9 (c) ( i ) is checked ) • Recording and other fees needed to cure title • Title search charges ( if Paragraph 9 ( c) ( iii ) is checked ) • Seller' s attorneys' fees • Other: Buyer to pay all closing costs associated with transfer of title . 106 If, prior to Closing , Seller is unable to meet the AS IS Maintenance Requirement as required by Paragraph 11 107 a sum equal to 125 % of estimated cost to meet the AS IS Maintenance Requirement shall be escrowed at 108 Closing . If actual costs to meet the AS IS Maintenance Requirement exceed escrowed amount, Seller shall 109 pay such actual costs . Any unused portion of escrowed amount shall be returned to Seller. 110• ( b) COSTS TO BE PAID BY BUYER : • Taxes and recording fees on notes and mortgages • Loan expenses • Recording fees for deed and financing statements • Appraisal fees • Owner' s Policy and Charges ( if Paragraph 9 (c) ( ii ) is checked ) • Buyer' s Inspections • Survey (and elevation certification , if required ) • Buyer' s attorneys' fees • Lender' s title policy and endorsements • All property related insurance • HOA/Condominium Association application/transfer fees • Other: Buyer to pay all costs associted with transfer of title . 111 ' (c) TITLE EVIDENCE AND INSURANCE : At least ( if blank, then 5 ) days prior to Closing Date , a title 112 insurance commitment issued by a Florida licensed title insurer, with legible copies of instruments listed as 113 exceptions attached thereto ("Title Commitment" ) and , after Closing , an owner' s policy of title insurance (see 114 STANDARD A for terms) shall be obtained and delivered to Buyer. If Seller has an owner' s policy of title 115 insurance covering the Real Property , a copy shall be furnished to Buyer and Closing Agent within 5 days after 116 Effective Date . The owner' s title policy premium and charges for owner' s policy endorsements , title search , 117 and closing services ( collectively , " Owner' s Policy and Charges " ) shall be paid , as set forth below 118 (CHECK ONE ) : 119' will chages 120 f 121 122• ( ii ) Buyer will designate Closing Agent and pay for Owner' s Policy and Charges and charges for closing 123 services related to Buyer' s lender' s policy , endorsements , and loan closing ; or 124' 125 of title insurance or other evidence of title and pay fees for: (A) a continuation or update a evidence , 126 which is acceptable to Buyer' s title insurance underwriter for reis erage ; ( B ) tax search ; and 127 (C ) municipal lien search . Buyer shall obtain and a - osing continuation and premium for Buyer' s 128 owner' s policy , and if applicable Ier' s policy. Seller shall not be obligated to pay more than 129. $ NA . 00 ) for abstract continuation or title search ordered or performed by Closing 130 it 131 � ) SURVEY: At least 5 days prior to Closing , Buyer may , at Buyer' s expense , have the Real Property surveyed 132 and certified by a registered Florida surveyor (" Survey" ) . If Seller has a survey covering the Real Property , a 133 copy shall be furnished to Buyer and Closing Agent within 5 days after Effective Date . 13a• (e by 135* not applicable at a cost not t . A home 136 arrantr y plan provides for repair or o a home' s mechanical systems and major built-in 137 fl 138 ( � / public 139 (" public ' does not include a Condominium or Homeowner' s Association ) that are certified , c ed and 140 ratified before and ( ii ) the amount of the public body ' s most recent estimate sessment for an 141 improvement which is su Ily complete as of Effective Date , but thath . resulted in a lien being 142 imposed on the Property before C o ' uyer will pay all other asse s . If special assessments may 143 be paid in installments ( CHECK ONE ) : 144• ❑ (a ) Seller shall pay installments due prior to and Buyer shall pay installments due after 145 Closing . Installments prepaid or d r the year o shall be prorated . 146• El ( b) Seller shall pay the asses s ) in full prior to or at the ti losing . 147 IF NEITHER BOX IS CHE , HEN OPTION (a ) SHALL BE DEEMED SEL 148 This Paragraph 9 not apply to a special benefit tax lien imposed by a community a ment district 149 (CDD) pu to Chapter 190 F . S . which lien shall be treated as an ad valorem tax and prorated p t to 150 ARD K. Buyer' s Initials Page 3 of 10 Seller' s Initial FloridaRealtors/Flori ar-ASIS- 1 Rev. 6/10 © 2010 Florida Realtors® and The Florida Bar. All rights reserved . Serial#: 020776-500137-6405473 .