07/16/2013AP - Laserfiche WebLink

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(W NOW THEREFORE, in consideration of the mutual terms, conditions, promises and covenants hereinafter, KAH and the County agree as follows: 1. The above recitals are true and correct and incorporated by reference into this agreement. 2. The parties agree to schedule a closing date within 60 days from the date of the last signature on this agreement. 3. As part of the property exchange, the County hereby agrees to convey to KAH, the 0.13 acre parcel of property depicted on the sketch and legal description attached and incorporated by reference as Exhibit "B". 4. At the same time, and as an additional part of the property exchange, KAH agrees to convey to the County the parcel consisting of 8th Court SW, consisting of square feet (0.## acres) as depicted on Exhibit C attached, and 5. At the same time, and as an additional part of the property exchange, KAH agrees to convey to the County the parcel consisting of 1,900 square feet (0.04 acres) as depicted on Exhibit D attached, and 6. At the same time, and as an additional part of the property exchange, KAH agrees to LW pay to the County the sum of $7,500.00. 7. Each party shall convey marketable title to their respective parcels by appropriate deed free of claims, liens, easements, encumbrances and property taxes prorated for the year of closing. 8. County shall be responsible for preparation of all Closing documents. a. County shall pay the following expenses.at Closing: The cost of recording the warranty deeds and any release or satisfaction obtained by KAH pursuant to this Agreement. b. KAH shall pay the following expenses at or prior to Closing: The cost of recording the deed and any release or satisfaction obtained by County pursuant to this Agreement, together with taxes. liens or encumbrances upon the Property conveyed to the County. 9. In the event a dispute arises over this agreement, KAH and County shall each pay their own attorneys' fees and costs. 2 241