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, <br /> 99 I0958i <br /> payment in connection with the negotiations leading to this <br /> Agreement or the consummation of the transactions contemplated <br /> hereby. <br /> 29. PRESERVATION OF LIKE-KIND EXCHANGE . In entering into this <br /> Agreement, the parties hereto acknowledge and agree that Seller, <br /> may take steps that are necessary in order to convert this <br /> transaction into a Like-Kind Exchange of property held for <br /> productive use in a trade or business or for investment under the <br /> provisions of IRC Section 1031, as amended and modified. It is <br /> further acknowledged by the parties hereto that the requirements of <br /> said IRC Section 1031 may require modification or amendments to <br /> this Agreement in order to effectuate said exchange. The parties <br /> agree that each shall execute any and all documents necessary to <br /> carry-out said Like-Kind Exchange in order for Seller to receive <br /> the tax benefits associated with such exchange transactions. <br /> However, any additional fees, expenses, or costs associated with <br /> effectuating such Like-Kind Exchange for the benefit of Seller <br /> shall be paid by the Seller. The Buyer shall not incur any <br /> additional risk or liability as a result of such exchange activity. <br /> The parties further acknowledge and agree that the Like- <br /> Kind Exchange may be conducted upon a deferred basis in which the <br /> exchange property shall be received, identified, or relinquished <br /> after the party identified herein as receiving the benefit of the <br /> exchange has previously been involved in a transfer. However, the <br /> parties acknowledge that any replacement or exchange property must <br /> be identified within 45 days of such transfer, and that this <br /> transaction must be completed within 180 days of the completion of <br /> the exchange transaction that may occur as a result. As such, the <br /> party receivinq the benefit of the exchange may not actually or <br /> constructively receive cash and use the proceeds to buy any <br /> replacement property. Such Exchange requirements may utilize <br /> escrow closings, exchange intermediaries, and other payment <br /> adjustments, all of which are agreeable to the parties . <br /> In witness whereof, the parties have entered into this Agreement on <br /> the date fir t above written. <br /> � � <br /> � / 1 �f. <br /> � � <br /> BUYE , ezl e W f SELLER, nald R Spiehs <br /> � � <br /> � . <br /> I <br /> LL , Beul h G. S�� iehs <br /> 9 <br />