Orange County NC Website
Browse       Search
9 <br /> 10 . Ad valorem taxes on the Property, if any, shall be <br /> prorated on a calendar year basis to the date of closing. Any <br /> Orange County ad valorem taxes on personal property of Duke <br /> University for the entire year of the closing shall be paid by <br /> Duke University. Any late listing penalties shall be paid by Duke <br /> University. <br /> 11. Any and all deeds of trust, liens or other charges <br /> against the Property not assumed by Orange County must be paid <br /> and cancelled by Duke University prior to or at closing. <br /> 12 . On request of Orange County or its counsel, Geoffrey E. <br /> Gledhill, Duke University agrees to exercise its best efforts to <br /> deliver to Orange County as soon as reasonably possible following <br /> the signing of this agreement, copies of any title information in <br /> possession of or available to Duke University, including, but not <br /> limited to, title insurance policies, attorneys opinions on <br /> title, surveys, covenants, deeds, notes, and deeds of trust and <br /> easements relating to the Property. Duke University further <br /> agrees, upon request of Orange County or its counsel, Geoffrey E. <br /> Gledhill, to provide any information requested by Orange County <br /> regarding title to the property, including any information <br /> related to family history which may be necessary to establish <br /> title in Duke University. <br /> 13 . This option agreement between Duke University and <br /> Orange County may not be assigned without the express written <br /> consent of both parties and, in the event that such prior written <br /> consent is secured, all conditions herein set forth between Duke <br /> 6 <br />