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then the other party may, at its option, extend the date of closing by not more than ten (10) days by notifying the other party of such new date. 14. Proration of Taxes: All taxes for the current year on the Subject Assets shall be prorated as of the date of closing. Seller shall pay to Purchaser all said taxes prorated to Seller at closing. By acceptance of said payment, Purchaser agrees to assume the obligation to pay all said taxes. 15. Closing Costs: Purchaser shall pay for recording costs and fees,.stamps on the deed and all other costs connected with recording the instruments of conveyance and transfer. Seller Shall pay for title insurance on the real property. 16. Condition of Subject Assets: Seller agrees and warrants to continue normal operations, maintenance and repair of the Subject Assets until the date of closing. At the time of closing, the Subject Assets shall be in reasonable -operating condition capable of meeting the requirements of the service area. 17. Improvements: The Seller shall not make additional capital improvements or investments in the Subject Assets unless it has the written consent of Purchaser. Normal and reasonable maintenance shall.continue and not be considered a capital expense. Repair of the east well shall be completed without cost to Buyer. Amounts invested by Seller in the Subject Assets with the consent P of Purchaser shall be added to the purchase price of $225,000.00. The normal replacement of parts and repairs shall not increase the purchase price. 18. Addresses for Communications All notices and communications in connection with this Agreement shall be sent to Seller and.Purchaser at the following addresses, unless said .y ti addresses are changed by either of said parties by notice in writing to the other party: 7 _ w 38 IY FSG DEC 8 1978