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10 <br />Agreement. Seller shall pay any ad valorem property taxes on personal property of Seller for <br />the entire year of the Closing. Seller shall pay all deferred taxes and any tax penalties including <br />late listing penalties. <br />(d) Buyer shall cause the Property to be surveyed, shall cause a recordable plat of <br />the Property to be prepared, pay the cost of the survey and the plat of the Property and pay any <br />other closing costs not itemized in Paragraph 4 of this Agreement. The survey shall be <br />approved by both the Buyer and the Seller, which approvals shall not be unreasonably <br />withheld. <br />5. CONDITIONS: <br />(a) Seller agrees to allow Buyer access to the Property for the purpose of <br />inspecting, testing and analyzing the Property at any time prior to the closing of the purchase <br />of the Property. Buyer agrees that in its inspecting, testing and analyzing of the Property it will <br />not damage the Property. Buyer agrees, to the extent permitted by law, to indemnify Seller for <br />any damage Buyer causes to the Property in conducting its inspections. <br />(b) On request of Buyer, Seller agrees to exercise Seller's best efforts to deli ver to <br />Buyer, as soon as reasonably possible following the signing of this agreement, copies of any <br />title information in possession of or available to Seller, including, but not limited to, title <br />insurance policies, attorneys opinions on title, surveys, covenants, deeds, notes, and deeds of <br />trust and easements relating to the Property. <br />(c) Any and all deeds of trust, liens or other charges against the Property not <br />assumed by Buyer must be paid and cancelled by Seller prior to or at closing, <br />(d) Seller acknowledges that it is the intent of Buyer to assign all of its rights and <br />interest in this Contract to the Town of Carrboro, North Carolina ("Carrboro") and that <br />