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4.2 From and after the Effective Date of this Agreement, Ms. Grice West shall take no action which would impair or otherwise affect title to any portion of the Property, and shall record no documents in the Public Records which would affect title to the Property, without the prior written consent of the County. 4 . 3 . 1 There are no existing or pending special assessments affecting the Property, which are or may be assessed by any governmental authority, water or sewer authority, school district, drainage district or any other special taxing district 5. Default. 5. 1 In the event the County shall fail to perform any of its obligations hereunder, Ms. Grice West shall, at its sole option, be entitled to: (i) terminate this Agreement by written notice delivered to the County at or prior to the Closing Date and thereupon neither the Ms. Grice West nor any other person or party shall have any claim for specific performance, damages, or otherwise against the County; or (ii) waive the County's default and proceed to Closing. X5.2 In the event Ms. Grice West shall fail to perform any of its obligations hereunder, B. :he County shall, at its sole option, be entitled to: (i) terminate this Agreement by written (notice delivered to Ms. Grice West at or prior to the Closing Date and thereupon neither the County nor any other person or party shall have any claim for specific performance , damages or otherwise against the Ms. Grice West; or (a) obtain specific performance of the terms and conditions hereof; or (iii) waive the Ms. Grice Wesfs default and proceed to Closing: 6. Closing . 6. 1 The closing of the transaction contemplated herein ("Closing" and "Closing Date") shall take place within 30 days following the execution of the contract by the Chairman of the Board of County Commissioners. The parties agree that the Closing shall be as follows: (a) Ms. Grice West shall execute and deliver to the County a warranty deed conveying marketable title to the Property, free and clear of all kens and encumbrances and in the condition required by paragraph 3. (b) If Ms. Grice West is obligated to discharge any encumbrances at or prior to Closing and fails to do so, County may use a portion of Purchase Price funds to satisfy the encumbrances. (c) If Ms. Grice West is a non-resident alien or foreign entity, Ms. Grice West shall deliver to the County an affidavit, in a form acceptable to the County, certifying that the Ms. Grice West and any interest holders are not subject to tax under the Foreign Investment and Real Property Tax Act of 1980. (d) Ms. Grice West and the County shall each deliver to the other such other documents or instruments as may reasonably be required to close this transaction . 3