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1� Irttill f , { if , r' J . K, 13Ai{ 1t) i't , CLFI ; remove such title exceptions shall not impose an obligation upon Seller to remove those exceptions , Buyer acknowledges that Seller' s title to the Property may be subject to court approval of a foreclosure action , result of a like or similar action , i . e. deed in lieu or as part of a purchase from a prior servicer, or to a mortgagor 's right of redemption. 9 , NORM OF DEED : The deed to be delivered at closing shall be a deed that covenants that grantor grants only that title which grantor may have and that grantor will only defend title against persons claiming by, through, or under the grantor, but not otherwise (which deed may be known as a Special Warranty, Limited Warranty , Quit Claim or Bargain and Sale Deed) . 10 . SELLER DISCLOSURE ; BUYER PURCHASING THE PROPERTY " AS IS " : a . Buyer understands that Seiler has never lived in or on the Property . The Property is being sold and purchased in "as is - where is condition without representations and warranties" expressed or implied . Buyer acknowledges that this Property was acquired by foreclosure, deed in lieu of foreclosure, or the purchase of a REO of the former mortgage/tender and may be exempt from certain state requirements regarding delivery of a state mandated Real Estate Transfer Disclosure Statement. Buyer acknowledges that they are not relying on any representations , statements, guarantees or warranties of any kind including, without limitation, the physical condition of the property and any improvements located thereon, or their suitability for any particular purpose or of merchantability , Buyer shall rely on its own investigations of the property in determining whether to acquire it. The provisions of this paragraph are a material part of the consideration for seller entering into this Addendum, and shall survive closing. b. if there is an enforcement proceeding arising from allegations of such violations before an enforcement board, special master, court of competent jurisdiction or similar enforcement body, and neither Buyer nor Seller terminate the Addendum, Buyer agrees to : i . To accept the Property subject to the violations, AND ii . Be responsible for compliance with the applicable code or regulation and with orders issued in any code enforcement proceeding, AND iii . Resolve the deficiencies as soon as possible after the closing and funding, AND iv . Buyer further agrees to indemnify Seller from all claims or liability arising fi•onn Buyer ' s breach of this section, c . Buyer hereby acknowledges that Seller may not be providing Buyer with a Real Estate Disclosure Statement and/or Certificate of Occupancy with respect to the Property . Buyer hereby waives any requirement that Seller ftn•nished Buyer with any such disclosure statement and/or a Certificate of Occupancy and hereby releases Seller from all liability resulting from tine non- delivery of such disclosure statement and/or Certificate of Occupancy where applicable. d . Buyer acknowledges that no personal property is included as part of the transaction unless expressly included in the Addendum. Buyer assumes finll responsibility for any Personal Property remaining ori the Property at the time of closing and funding and Personal Property sold by Seller shall be accepted by Buyer on an "as is , where is" basis without representation or warranty of any kind or nature, and specifically excluding any warranties of merchantability or fitness for any particular purpose. 11 . LEAD BASED PAINT AND LEAD BASED HAZARADS FOR PRE4978 PROPERTIES : Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women . The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller' s possession and notify the buyer of any known lead-based paint hazards . A risk assessment or inspection for possible lead- based paint hazards is recommended prior to purchase at the expense of the Buyer. Buyer and Seller acla> owledgc receipt of a copy of this page, which constitutes Page Sof 11 pages,.b �` 13rtye�tltia) Seller 's Initials EQUATOR PROPRIETARY, CONFIDENTIALMD TRADE SECRET INFORMATION. This document contains propdetary and confidential information that Is legally privilegodAny disclosure, oopying. .- ...-1 M...L. 14... 1.. .. ... ............6 . ......-:16..d A.. O-..-4.. :- ..-b:.... " OTo9^Tr v eonwo ITOn T1.L. d............a ..dxq.....n , r.....e... e.......d.. 4 60^ .^ w -r...