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. MAY 51982 "I" obligations; (2) the performance by Purchaser of Exhibit (3) all contracts, easements, licenses, fran- chises, service agreements, developer agreements, right of way agreements, and other privileges and rights assumed by and dis- closed to Purchaser; and (4) all disclosed obligations within the area served by the Subject Assets to construct, maintain, operate, repair, improve, remove and extend the water and sewer utility systems which are a part of the Subject Assets and to serve cus- tomers with the Subject Assets. 10. Customer Deposits: Seller will give to Purchaser at closing a list of all customer deposits including the amount of each deposit and whether said deposit has been accruing interest and at what rate. Seller will maintain the deposits for sixty (60) days following closing and may deduct from the customers respective deposits any delinquency.. within sixty (60) days of closing, seller will assign and turn over to Purchaser all remain- ing deposits with a full accounting of any deductions. 11. Commissions: The transaction contemplated by this - Agreement is a direct, private transaction between Seller and Purchaser without the use of a broker or commissioned agent by either party hereto. 12. Survival of Representations, warranties, Covenants, Conditions, Commitments, and Agreements: All representations, warranties, covenants, conditions, commitments, and agreements contained herein or made pursuant hereto shall not merge with the closing hereof but shall survive the closing. 13. Closing: The closing of the purchase and sale of assets as contemplated by this Agreement shall take place in the County Attorney's Office on a date acceptable to both parties under the foregoing provision of this Agreement. If Seller or Purchaser has not fulfilled all of its duties and obligations to be performed under the terms of this Agreement prior to the time of closing, the other party may, at its option, extend th.-� zlate of closing. 8- _