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(e) This Agreement shall be binding and shall inure to the <br />benefit of the parties hereto and their respective <br />beneficiaries, heirs, personal representatives, successors and <br />permitted assigns. <br />(f) As used in this Agreement, the masculine shall include <br />the feminine and neuter, and vice versa; the singular shall <br />include the plural and the plural shall include the singular, as <br />the context may require. <br />(g) Any provision contained in this Agreement which by its <br />nature and effect, if required to be observed, kept or performed <br />after closing shall survive the closing and shall remain binding <br />upon and for~the benefit of the parties hereto until fully <br />observed, kept or performed. <br />7. CLOSING: All parties agree to execute any and-all <br />documents and papers necessary in connection with the closing <br />and transfer of title to the Property in Hillsborough, North <br />Carolina within 30 days of the approval by the Town of Chapel <br />Hill of the application of Buyer for Buyer's governmental use of <br />the Property. <br />8. POSSESSION: Possession of the Property shall be <br />delivered at closing. <br />IN WITNESS WHEREOF, Seller has hereunto executed this Offer <br />to Purchase and Contract the day and year written above, and <br />Buyer has caused this instrument to be signed by its duly <br />authorized representatives the day and year written above. <br />10 <br />