1999 S Manager - Purchase of Site for New Orange County High School

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rated on a calendar year basis to the date of closing. Any ad valorem taxes on personal property for the entire year shall be paid by the Grantor. Any late listing penalties shall be paid by the Grantor. 9 . Any and all deeds of trust , liens or other charges against the property not assumed by the buyer must be paid and canceled by the Grantor prior to or at closing. Upon request, Grantor shall furnish an affidavit and indemnification agreement in a form satisfactory to buyer sho�` .nt-j that all labor and/or materials, if any, furnished to the property within one hundred twenty (120) days prior to the date of closing have been paid and agreeing to indemnify Grantee against all loss from any cause or claim arising therefrom. 10 . Upon request from the Grantee or its counsel , D . Michael Parker, Grantor agrees to exercise her best efforts to deliver to Grantee as soon as reasonably possible following the signing of this agreement , copies of any title information in possession of or available to Grantor, including, but not limited to, title insurance policies, attorney' s opinions on title, surveys, covenants, deeds, notes, and deeds of trust and easements relating to the real property described above . Grantor further agrees, upon request from the Grantee or its counsel, D. Michael Parker, to provide any information requested by buyer regarding title to the above described property, including any information relating to family history which may be necessary to establish title in the Grantor. 11 . This option between Grantor and Grantee may not be assigned without the express prior written consent of both parties and. in the event that such prior written consent is secured, all con-It-, ons herein set forth between the Grantor and the Grantee shall see binding upon any assignee, its heirs, successors and assigns . 12 . This option shall be binding and shall enure to the benefit of the parties, their heirs, successors and assigns . 13 . The Grantor and Grantee agree that a Memorandum of this Option in form satisfactory to Grantee shall be executed and may be recorded but that this option to purchase agreement shall not be recorded in the Office of the Orange County Register of ]Deeds . 14 . Any provision contained herein which by its nature and effect, if required to be observed, kept or performed after closing shall survive the closing and shall remain binding upon and for the benefit of the parties hereto until fully observed, kept or performed. 15 . The Grantee, upon exercise of the Option set forth herein, shall inform the Grantor of a closing date, closing to occur at a place designated by the attorney for the Grantee .