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BOOK 60 PACAV MECHANICS LIENS: Seller shal furnish to the buyer an etficdavit that there have been no improvements to the subject property for 90 days immediately preceding the date of closing. If the subject property has been improved within 90 days immediately preceding the closing date, the seller shall deliver releases or waives of all mechanics liens executed by general contractors, subcontractors, suppliers or materialmen and a seller's mechanics lien affidavit. H. PLACE OF CLOSING: Closing shall be held at the office of the Buyer's attorney or as otherwise agreed upon. I. DOCUMENTS FOR CLOSING: Seller's attorney or other closing age'ht shall prepare deed, and corrective instruments, seller's affidavits, and closing statement. Buyer's attorney shall prepare the purchase money note and mortgage. Copies of all such documents shall be submitted to the other party's attorney at least two (2) days prior to the closing date. Copies shall also be furnished to participating Brokers upon request. J. EXPENSES: State surtax and documentary stamps required on deed, costs of recording any correcting instruments and the cost of recording the purchase money mortgage shall be paid by the seller. Documentary stamps to be affixed to the note or notes secured by the purchase money mortgage; intangible tax on mortgage, and the cost of recording the deed shall be paid by the buyer. K. PRORATION OF TAXES (REAL AND PERSONAL): Taxes shall be prorated based upon the current year's tax without regard to discount. If the closing takes place and the current year's taxes are not fixed, and the current year's assessment is available, taxes will be prorated based upon such assessment and the prior year's millage. If the current year's assessment is not available, then taxes wily be prorated_ on the prior year's tax; provided, however, if there is a completed improvement of the subject premises by January 1 of the year of closing!, then the taxes shall -be prorated to the date of closing based upon the prior year's millage and an equitable assessment to be agreed upon between the parties, taking into consideration Homestead Exemption, if any. However, any tax proration based on an estimate may at the request of either party to the transaction, be subsequently readjusted upon receipt of tax bill, if a statement to that effect is set forth in the closing statement. L. SPECIAL ASSESSMENT LIENS: Certified, confirmed or ratified assessment liens as of the date of closing (and not as of the date of the contract) are to be paid by the seller. Pending liens as of the date of closing shall be assumed by the buyer, provided, however, that where the improvement has been substantially completed as of the date of the contract, such pending liens shall be considered as certified, confirmed or ratified and the seller shall at closing be charged an amount equal to the last estimate by the - public body of the assessment for the improvement. M. PERSONAL PROPERTY: The Seller represents and warrants that all major appliances and machinery Included -4n- the sale shall be In good working order and repair as of the date of closing. Buyer may, at his sole expense and on reasonable notice, inspect or cause an inspection to be made of the appliances and equipment involved prior to closing. Any necessary repairs shall be made at the cost of the Seller and, if appropriate, adequate funds shall be escrowed at time of closing to effect such repairs. Unless otherwise agreed by the parties, the Buyer shall, by proceeding to closing, be deemed to have accepted the property as is. N. RISK OF LOSS: If the improvements other casualty before delivery of the dee substantially the same condition as now of sixty (60) days thereafter, Seller may and the closing ,.date and date of hereinbefore provided shall be extended 33 are damaged by fire or I and can be restored to existing within a period restore the improvements delivery of possession accordingly. If Seller