Laserfiche WebLink
accepts it in as an "as is" condition, and there are no representations or warranties <br />made by either party other than what is contained in this document. Any <br />representations herein shall survive the filing of the deed for record. No modification of <br />this Agreement may be made unless in writing and signed by both parties. <br />8. ESCROW PROCEDURE. All documents and funds and/or financial <br />commitments for funds necessary to complete this transaction shall be placed in escrow <br />with the Surety Title Company in sufficient time to permit transfer of title on the date set <br />forth for closing. This Agreement shall be considered by the escrow agent as escrow <br />instructions, but shall be subject to the escrow agent's standard conditions of escrow <br />acceptance where not inconsistent herewith, and which conditions of escrow shall be <br />made a part hereof and incorporated herein by reference. <br />9. TITLE TRANSFER. Title will transfer to Buyer by the recording of the <br />deed, on or about January 24, 2007, unless the parties otherwise agree to a mutually <br />satisfactory date in writing. <br />10. TITLE GUARANTY. Said evidence of Title Guaranty shall be in the <br />amount of the purchase price of the property, and is to be furnished with fifteen (15) <br />days prior to closing for examination by Buyer. Seller shall be given written notice <br />within two (2) days after receipt of such report by Buyer of any defect in title requiring <br />correction, and shali undertake to make such corrections immediately. Seller shall not <br />be liable for any damages by reason of any defect in title which cannot be corrected, but <br />if such defect is not remedied prior to closing, either party may terminate this contract <br />on notice and any deposit shall be refunded to Buyer, releasing both parties from further <br />obligations and liability hereunder. <br />11. PRORATIONS, CHARGES, AND CREDITS. <br />-4-