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7 . Closing Costs ; Expenses . COUNTY shall be responsible for preparation of all <br /> Closing documents . <br /> 7 . 1 COUNTY shall pay the following expenses at Closing : <br /> T1 . 1 The cost of recording the warranty deed and any release or satisfaction obtained <br /> by SELLER pursuant to this Agreement . <br /> 701 . 2 Documentary Stamps required to be affixed to the warranty deed . <br /> 7 . 1 . 3 All costs and premiums for the owner' s marketability title insurance commitment <br /> and policy, if any . <br /> 7 . 1 . 4 Engineering costs . There are no engineering costs for this matter. <br /> 7 . 1 . 5 Attorney' s fees and costs of $4 , 000 . 00 or 5 . 25 % of the purchase price , which <br /> ever is greater. <br /> 791 . 6 Appraiser consultation costs in the amount of $250 for the services of All Real <br /> Estate Appraisals . The costs shall be paid directly to the appraisal firm . See attached <br /> Exhibit "B " . <br /> 7 . 2 SELLER shall pay the following expenses at or prior to Closing : <br /> 7 . 2 . 1 All costs necessary to cure title defect( s ) or encumbrances , other than the <br /> Permitted Exceptions , and to satisfy or release of record all existing mortgages , liens or <br /> encumbrances upon the Property . <br /> 8 . Miscellaneous . <br /> 8 . 1 Controlling Law. This Agreement shall be construed and enforced in accordance <br /> with the laws of the State of Florida . Venue shall be in Indian River County for all state <br /> court matters , and in the Southern District of Florida for all federal court matters . <br /> 8 . 2 Condemnation . In the event that all or any part of the Property shall be acquired <br /> or condemned for any public or quasi-public use or purpose , or if any acquisition or <br /> condemnation proceedings shall be threatened or begun prior to the Closing of this <br /> transaction , COUNTY shall have the option to either terminate this Agreement , and the <br /> obligations of all parties hereunder shall cease , or to proceed , subject to all other terms , <br /> covenants , conditions , representations and warranties of this Agreement , to the Closing <br /> of the transaction contemplated hereby and receive title to the Property ; receiving , <br /> however, any and all damages , awards or other compensation arising from or <br /> attributable to such acquisition or condemnation proceedings . COUNTY shall have the <br /> right to participate in any such proceedings . <br /> Page 4 of 7 <br />