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Seller fails to timely deliver any item, or Purchaser rejects any item after delivery , Purchaser may in its <br /> discretion extend the Inspection Period accordingly . <br /> 12 . EXPENSES . Seller will pay the documentary revenue stamp tax and all other taxes or costs <br /> associated with the conveyance , including the cost of recording the deed described in paragraph 9 of this <br /> Agreement and any other recordable instruments which the title insurer deems necessary to assure good <br /> and marketable title to the Property and to comply with the requirements of this Agreement . <br /> 13 . TAXES AND ASSESSMENTS . All real estate taxes and assessments which are or which may <br /> become a lien against the Property shall be satisfied of record by Seller at closing . In the <br /> event the <br /> Purchaser acquires fee title to the Property between January 1 and November 1 , Seller shall , in <br /> accordance with Section 196 . 295 , Florida Statutes , place in escrow with the county tax collector <br /> an <br /> amount equal to the current taxes prorated to the date of transfer, based upon the current assessment and <br /> millage rates on the Property . In the event the Purchaser acquires fee title to the Property on or <br /> after <br /> November 1 , Seller shall pay to the county tax collector an amount equal to the taxes that are determined <br /> to be legally due and payable by the county tax collector. <br /> 14 . CLOSING PLACE AND DATE . The closing shall be on or before thirty (30) days after the end <br /> of the Inspection Period and subject to the Conditions Precedent in paragraph 32 below; provided <br />, <br /> however, that if a defect exists in the title to the Property, title commitment, Survey, environmental site <br /> assessment, or any other documents required to be provided or completed and executed by Seller, the <br /> closing shall occur either on the original closing date or within 30 days after receipt of documentation <br /> curing the defects , whichever is later. If at the end of the Inspection Period the County is satisfied with its <br /> inspections , the purchase of the Property is to be consummated "as- is , where- is , with -all - faults . " The <br /> date , time and place of closing shall be set by County , after consultation with Seller. The parties agree <br /> that a closing as early as reasonably possible is the intention of Seller and Purchaser. <br /> 15 . RISK OF LOSS AND CONDITION OF REAL PROPERTY . Seller assumes all risk of loss or <br /> damage to the Property prior to the date of closing and warrants that the Property shall be transferred and <br /> conveyed to the Purchaser in the same or essentially the same condition as of the date of <br /> Seller' s <br /> execution of this Agreement, ordinary wear and tear excepted . However, in the event the condition of the <br /> Property is altered by an act of God or other natural force beyond the control of Seller, Purchaser may <br /> elect, at its sole option , to terminate this Agreement and neither party shall have any further obligations <br /> under this Agreement ; provided that Seller shall have no obligation to restore the property <br /> should <br /> Purchaser decide not to terminate this Agreement and proceed to closing . Seller represents and warrants <br /> that there are no parties other than Seller in occupancy or possession of any part of the Property . <br /> 16 . RIGHT TO ENTER PROPERTY AND POSSESSION . Seller agrees that from the date this <br /> Agreement is executed by Seller and Purchaser, Purchaser and its agents, upon reasonable notice , shall <br /> have the right to enter the Property for all lawful purposes in connection with this Agreement. With <br /> regard to any entry by Purchaser upon the Property prior to closing , Purchaser ' s liability to Seller or to <br /> any third party shall be subject to the limitations and conditions specified in section 768 . 28 , <br /> Florida <br /> Statutes . Seller shall deliver possession of the Property to the County at closing . <br /> 17 . ACCESS . Seller is not responsible for providing Purchaser access across its retained property . <br /> Access to the property is by water from Blue Cypress Lake or through parcels owned by the St . <br /> Johns <br /> River Water Management District . <br /> Page 3 <br />