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which would impair or otherwise affect title to any portion of the Easement, and shall record <br />no documents in the Public Records which would affect title to the Easement, without the <br />prior written consent of the County. <br />4.3 There are no existing or pending special assessments affecting the Easement, <br />which are or may be assessed by any governmental authority, water or sewer authority, <br />school district, drainage district or any other special taxing district. <br />5. Default. <br />5.1 In the event the County shall fail to perform any of its obligations hereunder, the <br />Seller shall, at its sole option, be entitled to: (i) terminate this Agreement by written notice <br />delivered to the County at or priorto the Closing Date and thereupon neither the Seller nor <br />any other person or party shall have any claim for specific performance, damages, or <br />otherwise against the County; or (ii) waive the County's default and proceed to Closing. <br />5.2 In the event the Seller shall fail to perform any of its obligations hereunder, the <br />County shall, at its sole option, be entitled to: (i) terminate this Agreement by written notice <br />delivered to the Seller at or prior to the Closing Date and thereupon neither the County nor <br />any other person or party shall have any claim for specific performance, damages or <br />otherwise against the Seller; or (ii) obtain specific performance of the terms and conditions <br />hereof; or (iii) waive the Seller's default and proceed to Closing: <br />6. Closing. <br />6.1 The closing of the transaction contemplated herein ("Closing" and "Closing Date") <br />shall take place within 45 days following the Board of County Commissioner's approval of <br />this Agreement. The parties agree that the Closing shall be as follows: <br />(a) The Seller shall execute and deliverto the County an Easement in the Property, free <br />and clear of all liens and encumbrances and in the condition required by paragraph 3. <br />(b) The Seller shall have removed all of its personal property and equipment from the <br />Easement and Seller shall deliver possession of the Easement to County vacant and in the <br />same or better condition that existed at the Effective Date hereof. <br />(c) <br />If <br />Seller is <br />obligated <br />to discharge any encumbrances <br />at <br />or prior <br />to Closing and fails <br />to do <br />so, <br />County <br />may use a portion of Purchase Price funds <br />to <br />satisfy <br />the encumbrances. <br />(d) If the Seller is a non-resident alien or foreign entity, Seller shall deliverto the County <br />an affidavit, in a form acceptable to the County, certifying that the Seller and any interest <br />holders are not subject to tax under the Foreign Investment and Real Property Tax Act of <br />1980. <br />(e) The Seller and the County shall each deliver to the other such other documents or <br />instruments as may reasonably be required to Close this transaction. <br />3 <br />