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? <br />said properry. The exercise of such power by Buyer shall not, however, constitute a waiver by <br />them of any other rights they may have against Seller for breach of this Agreement. The escrow <br />agent shall be, and is hereby, irrevocably instructed by Seller on such failure of conditions and <br />receipt of such notice from Buyer to refund immediately to Buyer all moneys and instruments <br />deposited by him in escrow pursuant to this Agreement. <br />Prorations <br />2.03 There shall be prorated between Seller and buyer on the basis of thirty (30) day <br />months, as of the closing hereof, all taxes and assessments, both general and special. <br />s <br />Fxpenses of Closing <br />2.04 The expenses of closing described in this Article shall be paid in the following <br />manner: <br />(1) The full cost of securing the title guarantee described in Paragraph 2.02(1) of this <br />Agreement shall be paid by Seller. <br />(2) The cost of preparing, executing, and acknowledging any deeds or other instxuments <br />required to convey title to Buyer or his nominees in the manner described in this Agreement <br />shall be paid by Seller. <br />(3) Any cost of transfer and recordation of title shall be paid by Seller. <br />(4) Any tax imposed on the conveyance of tifle to said property to Buyer or his nominee <br />shall be paid by Seller. <br />(5) Any fee charged by the escrow agent in addition to the cost of title guarantee <br />required by this Agreement shall be paid by Seller and Buyer in equal proportions. <br />2.05 Title shall transfer on or before the lst day of September, 1995, at which time <br />possession shall be delivered to the Buyer. <br />