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._ . 1 � <br /> j" . <br /> � <br /> � <br /> �- �o-ioo4�o <br /> � and neither p�rt�• shall. have ang furthe�^ r•_ghts or ra.aima agaxnqi� <br /> the other party by reason of this Option for Purchase of Real <br /> Estate. <br /> � ; 7. Nonasaiq.nability. This aption for Purchase of Real <br /> Estate is not a�signable by either party without the prior <br /> � : written consent of the other party. <br /> , 8. Closing Date. If this option is exercised by Huyer, <br /> the transaction shall be closed by Seller and Huyer within sixty <br /> (60) days after Seller's receipt of notice of exercise of the <br /> option by euyer. <br /> � 9. Title Insurance. Within thir�y i30) days after <br /> j Seller's rece pt of notice of exercise of the option, Seller <br /> � shall furnish Huyer with a commitment for title insurance in the <br /> � amount of the purahase price issued by a title company of. Buyer'3 <br /> ' choiae, in its customary form, quaranteeing the marketable title <br /> to be vested in Seller. Within a reasonable time after the <br /> � receipt of the commitment for title insurance, Buyer shall notify <br /> Seller, in writing, of any defects Buyer claims are disclosed in <br /> the comma.tment for title insurance. If defects are not waived by <br /> ' Buyer, Seller shall make a good faith effort to cure a1l defects :�-;; <br /> ; within a period of six (6) months following re�eipt of notice of � � <br /> defects from Buyer. If defects may not be cured in good faith by �� <br /> � Seller within six (6) months from receipt af notice of defects ; -� <br /> �__ _j from Buyer, Seller shall have the option of declaring the option ±� �- <br /> � - ; to be void and returning the option price to Buyer. - - ----` - - - . <br /> 1 �`S. <br /> � 10. Warranty Deed. Seller shall deliver to Huyer on the �- <br /> Closing Date Se31er' s Warranty Deed conveying the real property . - <br /> � to Buyer� subject only to easements and restrictions of record. <br /> ' 11. Seller's Expenses. If the option is exercised by <br /> � Huyer, Sel�.er shall be charged with the following expenses: � <br /> , , , <br /> i A. The cost of any transfer tax; <br /> ; <br /> � B. One-half (ll2) of the cost of any owner' s title <br /> insurance policy; and �� <br /> : .�.i <br /> 4 C. AlI other expenses charged to Seller consistent <br /> ; with the texms of this Option for Purchase of Real Estate. ! <br /> S: <br /> 12. . Buyer's Expenses. If the option is exercised by <br /> Buyer, Huyer shall be charged with the following expenses: <br /> A. The cost of filing the Warranty Deed of record; <br /> B. The cost of €iling the Deed of Trust of recor@; <br /> C. One-half (1/2) of the cost of any owner' s title <br /> insurance policy; and <br /> -3- f=:_-_-_- <br /> � <br /> _ , <br /> � :�_ _� <br /> � � � <br /> � r <br /> � <br /> r <br /> �, a <br /> _? r,. L.. .-} - <br /> J/ hL <br /> ns�y�)L <br /> l sr.. <br /> •✓ . <br /> S�• I <br /> i <br /> __ C___.._ _ .� <br />