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6 , CONDOMINIUM/PUDMOMEOWNERS ASSOCIATION : If the Property is a condominium, planned unit <br /> development, subject to a homeowner' s association or co- operative, unless otherwise required by law, Buyer, at <br /> Buyer' s own expense, is responsible for obtaining and reviewing the covenants, cond itions, restrictions and/or <br /> bylaws of the relevant entity within seven (7) calendar days of Seller' s delivers' of executed Addendum to <br /> Buyer. Seller agrees to employ reasonable efforts to assist Buyer in obtaining a copy of said documents. If Buyer <br /> does not notify Seller in writing, within ten ( 10) days of Seller ' s acceptance it is deemed that the buyer accepts <br /> all said documents . <br /> 7 . CLOSING COSTS AND ADJUSTMENTS : <br /> a . Buyer and Seller agree to prorate the following expenses as of the closing date : municipal water and sewer <br /> charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned <br /> unit development or similar community assessments, and payments of homeowner ' s association special <br /> assessments. Payments not yet due and owing are the responsibility of the Buyer without credit towards the <br /> Purchase Price. All pro-rations will be calculated using the figures available at the time of closing. The day <br /> of the closing will be charged to Buyer. There will be no pro-rations or adjustments after closing. This <br /> provision shall survive delivery of the deed . <br /> b . All other costs and expenses, including any cost, expense or transfer tax imposed by any state or local entity <br /> not otherwise addressed herein, including any tax or assessment imposed upon the Property for any period <br /> prior to the closing date due to a change in the use of the Property after the closing date, shall be paid by <br /> Buyer. <br /> 8 . INSURABLE TITLE : <br /> a . Unless otherwise indicated below, Seller shall fiunisli Buyer, at its expense, a fee (owners) title policy issued <br /> by seller' s choice of Title Company, with standard, base coverage for price. Buyer at its sole expense and <br /> election may obtain any endorsements and extended coverage' s it desires but Seller is under no obligation to <br /> take any action or incur any costs related to such additional endorsements and coverage . <br /> b . Buyers may choose to purchase title insurance from a different title company at their own expense . Buyer <br /> further agrees to cooperate with Seller's title/closing company at no extra expense to Seller. Seller agrees to <br /> deliver insurable title, and agrees to pay for the cost of the standard base Buyers ' Owners ' Policy of title <br /> insurance from seller ' s choice of title company (but with any endorsements or extended coverage being at <br /> Buyer's sole election and expense) . In the event Buyer chooses to obtain their own fee (owners) policy <br /> and/or title exam, they shall order the same within three (3 ) calendar days of Seller executing the Addendum <br /> of sale, or all objections to title shall be waived . <br /> c , Buyer must notify Seller ' s title/closing company of all title objections at least ten ( 10) calendar days before <br /> closing, or all objections to title shall be waived . If Seller cannot cure said objections afters a good faith <br /> effort, or to do so would delay the closing beyond the original or any extended closing date, Buyer agrees to <br /> accept a fee (owners) title policy, as stated above, at Seller' s expense. Regular rates must apply. Seller <br /> agrees to pay the premium for a fee (owners) title policy only if Seller' s selected title agent issues the policy . <br /> d , If a mortgagee policy is required , Buyer shall be responsible for payment of the full premium . <br /> e . Seller shall not be obligated to remove any exception or to bring any action or proceeding or bear any <br /> expense in order to convey title to the Property or to make the title insurable, and any attempt by Seller to <br /> Buyer and Seller acknowledge receipt of a copy of this page, which constitutes Page 4of I I pages. <br /> X L� Buye` i s X rilinIs <br /> Seller 's Initials <br /> EQUATOR PROPRIETARY, CONFIDENTIAL AND TRADE SECRET INFORMATION. This document contains proprietary and confidential Information that Is IegagypdwlegedAny disclosure, <br /> copying, <br /> Xl #446. .H.... .. . . ..... .. f ...... .. 1 ,6 .. Gf........f. ... <br />