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• 0 SECTION 13. TAXES AND ASSESSMENTS, All real estate taxes and assessments which are or which may become a lien against the Property shall be satisfied of record by Seller at closing. In the event the Purchaser acquires fee title to the Property between January 1 and November 1, Seller shall, in accordance with Section 196.295, Florida Statutes, place in escrow with the county tax collector an amount equal to the current taxes prorated to the date of transfer, based upon the current assessment and millage rates of the Property and based on payment on November 1, In the event the Purchaser acquires fee tide to the Property on or after November 1, Seller shall pay to the county tax collector an amount equal to the taxes that are determined to be legally due and payable by the county tax collector. However, Seller shall be obligated to pay all personal property taxes for the year in which closing occurs. SECTION 14. CLOSING_PLACE AND DATE. The closing shall be on or before March 31, 2001, unless extended by mutual agreement of Seller and Purchaser or the express provisions of this Agreement, The date, time and place of closing shall beset by Purchaser to coordinate with the closing on the issue of revenue bonds to be issued by the County to finance the Purchase Price. SECTION 15. RISK OF LOSS AND CONDITION OF BEALP FROPEM. Seller assumes all risk of loss or damage to the Property prior to the date of closing and covenants that the Property shall be transferred and conveyed to Purchaser in the same or essentially the same condition as of the date of Seller's execution of this Agreement, ordinary wear and tear excepted. In the event that between the date of this Agreement is executed by Seller and the date of closing the condition of the Property, as it existed on the date this Agreement is executed by Seller, is altered by an act of God or other natural farce beyond the control of Seller or by fire or other casualty, Purchaser shall not have the right to terminate its obligations under this Agreement by reason thereof, but the insurance proceeds paid or payable to Seller on account thereof, and the amount of all appIicable deductibles, shall be deemed to be part of the funds available for the Improvements pursuant to the Development Agreement. Seller represents and warrants that there arc no panics other than Seller in occupancy or possession of any part of the Property. Purchaser acknowledges and agrees that, except as otherwise expressly set forth in this Agreement, the Property is being transferred "A5 is". SECTION 16. RIGHT`TO ENTER PB¢PERTY AND POSSES5112N. Seller agrees that from the date this Agreement is executed by Seller, Purchaserand its agents, upon reasonable notice, shall have the right to enter the Property for all lawful purposes in connection with this Agreement Seller shall delrverpossession of the Property to Purchaser at closing. For the purpose of conducting physical inspections. Seller agrees to provide Purchaser and its authorized agents, accompanied by a representative of Seller, reasonable access to the Property at all reasonable times on business days upon at least two (2) business days' prior written notice to Seller, olid Purchaser shall conduct such inspections in a manner not disruptive to the operation of tate Property. After each such entry, Purchaser shall promptly repair any damage caused by Purchaser or its agents and shall restore the Property to its condition immediately prior to such entry, and Purchaser's agreement to repair and restore shall survive any termination of this Agreement. To the extent permitted by law, Purchaser hereby agrees to indemnify Seller and to hold