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(17) DOCUMENTS FOR CLOSING 



The Buyer's attorney shall prepare the deed, the Seller's affidavit, and 

 the closing statement and submit copies of the same to the Seller's 

 attorney, at least seven (7) days prior to scheduled closing date. 



(18) EXPENSES 



State anc( County surtax and documentary stamps which are required to be 

 affixed tjo the instrument of conveyance and intangible personal property 

 taxes shall be paid by the Seller. 



(19) DEFAULT BY BUYER 



If the Buyer fails to perform any of the covenants of this Agreement, 

 all money paid pursuant to this Agreement by the Buyer as aforesaid 

 shall be retained by or for the account of the Seller as consideration 

 for the execution of this Agreement and as agreed liquidated damages and 

 in full settlement of any claims for damages. 



(20) DEFAULT BY THE SELLER V 



If the Seller fails to perform any of the covenants of this Agreement, 

 the aforesaid money paid by the Buyer at the option of the Buyer, shall 

 be returned to the Buyer on demand: or the Buyer shall have the right of 

 specific performance. 

 \ 



(21) PLACE OF CLOSING 



Closing shall be held at the office of the Buyer's attorney or as 

 otherwise agreed upon. 



(22) TIME IS OF THE ESSENCE 



Time is of the essence of the Agreement for Sale and Purchase. 



(23) RISK OF LOSS 



The seller further agrees not to do. or suffer others to do, any act by 

 which the value or title to said lands may be diminished or encumbered. 

 It is further agreed that any loss or damage occurring prior to the 

 vesting of satisfactory title in the Buyer by reason of the unauthorized 



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