2628-21 Agreement of Sale - Block 175.13 Lot 4.pdf

2 4824-5601-2502, v. 1 2. PURCHASE PRICE. The Purchase Price of the Property is FIVE THOUSAND AND 00/100 ($5,000) DOLLARS (the “Purchase Price”). The Purchase Price shall be payable as follows: A. Upon execution of this Agreement, the Buyer shall pay the entire Purchase Price, to be held in escrow by the Township, until the Closing (as hereinafter defined). B. At the Closing Date as defined herein, the Township shall release the Purchase Price from escrow and accept the entire Purchase Price. 3. CLOSING DOCUMENTS. A. Prior to the Closing Date, Buyer shall prepare and provide to the Seller no later than forty-eight (48) hours from Closing Date, the Closing Documents including: (i) a Deed (the “Deed”), in proper form for recording with a legal description of the Property; and (ii) such other instruments as may be reasonably required by Buyer’s attorney or Buyer’s title insurance company to effectuate the within transaction, including an Affidavit of Title. B. At the Closing, Seller shall execute and/or deliver to the Buyer: (i) the Deed; and (ii) such other instruments as may be reasonably required by Buyer’s attorney or Buyer’s title insurance company to effectuate the within transaction, including the Affidavit of Title. C. At the Closing, Buyer shall execute and/or deliver to Seller such other documents and/or instruments as may be reasonably required by Seller’s attorneys or Buyer’s title insurance company to effectuate the within transaction. 4. TITLE. The dimensions of the Property shall be set forth on a survey which shall be ordered by the Buyer at the Buyer’s expense. The sale is subject to easements and restrictions of record, if any, and such state of facts as an accurate survey might disclose,