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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 and <br />transfer of title to the Property on or before May 31, 2001 in <br />Hillsborough, North Carolina ( "Closing Date "). In the event that <br />the closing does not occur on May 31, 2001, then the Seller or <br />the Buyer, each in their sole discretion, shall have the right <br />together to extend the closing deadline or shall each have the <br />absolute unilateral right to terminate this contract, time being <br />of the essence. <br />8. POSSESSION: Possession of the Property shall be <br />delivered at closing. <br />IN WITNESS WHEREOF, the Seller has hereunto set their hands <br />and seals, the day and year written above, and Orange County has <br />caused this instrument to be signed by the chair of the Board of <br />County Commissioners and attested by the Clerk to its Board of <br />County Commissioners, all the day and year written above. <br />SELLER: <br />Tf-d,LGl4�V'IP;-P. ZY (SEAL) <br />MATRENA FINN HUNT R <br />SEAL) <br />MALCOLM RAY HUN ER <br />10 <br />