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202208332 <br />shall execute a Warranty Deed conveying the property to Buyer, <br />to be delivered to the escrow agent, together with an executed <br />copy of this Contract. Upon issuance, the title insurance <br />policy shall be delivered to said escrow agent. When Buyer has. <br />made all payments to Seller due hereunder for the purchase <br />price, taxes, insurance, interest, and all other amounts due <br />hereunder, then Seller shall cause written notice to be made to <br />the escrow agent to allow escrow agent to deliver to Buyer said <br />Warranty Deed and title insurance policy. All reasonable costs <br />of the escrow agent shall be shared equally by the parties. <br />11. Possession. Buyer is entitled to possession of said <br />property as of <br />6Zr <br />, 2022, and agree to commit no <br />waste upon the property and shall keep the improvements in good <br />repair. <br />12. Risk of Loss. If the improvements are materially <br />destroyed or substantially damaged by fire or other cause prior <br />to the date of closing, this Contract shall be null and void at <br />Buyer's option. <br />13. LEAD BASED PAINT. The parties have reviewed the LEAD- <br />BASED PAINT ADDENDUM attached hereto and certify, to the best of <br />their knowledge, that the information they have provided therein <br />is true and <br />opportunity <br />accurate. By signing this agreement Buyer WAIVES the <br />to conduct a risk assessment or inspection for the <br />presence of lead-based paint and/or lead-based paint hazards, as <br />provided in said ADDENDUM. <br />14. Default by Buyer. Time is of the essence of this <br />Contract. In the event Buyer fails, refuses, or neglects to pay <br />any monthly installment hereunder within sixty (60) days of the <br />due date, the Seller may, in addition to all other remedies at <br />law and equity, at Seller's option, do one or more of the <br />following: <br />a) Declare the remaining balance of the purchase price, <br />Page 5 <br />