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DocuSign Envelope ID: DE4F521E-E6D8-41DD-806B-3A6D6CO3C608 <br /> We will prepare a legal description of the Property based on the survey that I understand is <br /> now being prepared specifically for this transaction. The County will make payment arrangements <br /> directly with the surveyor. The legal description will be used to describe the Property in the <br /> Warranty Deed of Conservation Easement (the "Easement Deed"). I understand that the County does <br /> not require our assistance with negotiating or drafting the Easement Deed, so the preparation of that <br /> document is not included in the scope of our engagement. <br /> Closing <br /> We will conduct the closing on the Easement. The closing can occur in our offices or another <br /> location that works better for the parties. The County agrees to wire the closing funds into my trust <br /> account prior to the closing. I will make every effort to provide the County with a draft of the <br /> settlement statement no less than 24 hours prior to the closing date. Following the closing, I will <br /> update title and record the new plat and Easement Deed in the office of the Register of Deeds and <br /> prepare a final title opinion and deliver the same to Investors Title for issuance of the title insurance <br /> policy. <br /> Legal Fees & Expenses <br /> This engagement is specifically limited to: (1) performing the title search; (2) preparing the <br /> title opinion; (3) procuring title insurance (if available); (4) disusing any title issues discovered <br /> during the title search with you; (5) recording the documents listed above; and (6) conducting the <br /> closing. Please be aware that additional work necessary to complete the closing, such as attempting <br /> to resolve significant title defects, significant work related to locating heirs or resolving estate issues <br /> related to the property in the chain of title, etc., may require work beyond the scope of this letter and <br /> in excess of the "not to exceed" amount listed below. In the event the County requires representation <br /> prior to closing or additional legal work not referenced in this letter becomes necessary (such as work <br /> associated with clearing any title defects and resolving estate issues), then I will perform such work <br /> at the County's specific request under an amendment to this agreement at our normal hourly rates. <br /> Our fees for performing the legal work outlined herein are as follows: (1) $85.00 dollars per <br /> hour for the services of my firm's real estate paralegal who will collect the necessary documents <br /> from the office of the Register of Deeds and otherwise assist me with this matter; and (2) $225.00 per <br /> hour for all work performed by Kennon Craver attorneys which represents a local government <br /> discount from Brian Ferrell's standard hourly rate of$265.00. The fees due under this agreement <br /> will not exceed $3,000.00. <br /> We will begin work on this transaction as soon as I received an executed copy of the <br /> associated Services Agreement from the County. Please understand that we must charge for all work <br /> performed even if this transaction fails for any reason. <br /> Please do not hesitate to contact me with any questions or concerns regarding this letter. I <br /> look forward to working with you on this transaction. <br /> Sincerely, <br /> 7,:otdr, <br /> Brian M. Ferrell <br /> FOR THE FIRM <br /> 2 <br /> key-mon cravel; plic <br /> ,Oil ,Ir/r,-300,elitibun.;, 'lc 2707 pwr ofP in Or7S, 51579,di Sal . i 277!7-1579 <br /> TELEPHONE 0;9 9O 0500. FAX 9/)090 0873 nukniy , con <br />