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20� {993 09:24 P.22 <br /> At,GF1MMAL RELEASE DOES NOT EXTEND TO CLAMS WHICH THE <br /> CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST IN HIS FAVOR <br /> AT THE TIME OF EXECUTING THE RELEASE, WHICH,IF KNOWN <br /> BY HIM, h3'M HAVE MATERIALLY AFFECTED HIS SETTLEMENT <br /> WITH THE DEBTOR. <br /> Section 6. Qiidu. <br /> (a) The Closing of the sale of the Property by Seller to Purchaser(00"nam)shall <br /> occur on or before the Closing Date. The Closing Date may be extended to the sole discretion <br /> Of Seller. All extension requesu are evaluated by the Serer on a case-by-case basis and my <br /> be accorded if Purohaser has shown good faith in attempting to close by the scheduled 4" <br /> This Agretmeat shall not be conditioned upon the Seller granting any exMnslon. The Closing <br /> #ball occur at the Closing Location or in such other place as Seller dedSnaw,at Seller's option. <br /> (b) At the Closing,the following shall occur. <br /> {I) Seller shall deliver or,cause to be delivered to Purchaser the following: <br /> (I) Evidence satisfactory to the "Title Cody ural alta pampas at <br /> Persons executing this Agreement and the closing documents on behalf of Selkx <br /> have full tight, power and authority to do so. <br /> (h) A Quitclaim Dead(the *IMW") executed and acknowledged by , <br /> Seller and I conveying site Property to Purger, <br /> (!ll) The Title Policy, issued in the full amount of site Purchase Price <br /> (prairaium cocas allocated as provided hereinbelow), insuring fee simple <br /> inddOt"l le title to:the Property in Purchaser, subject only to the Permuted <br /> Exceptions, including, without limitation, the standard primedexceptions <br /> corttairted-therein;provided however: <br /> sal The smadard exception as to restrictive covenants shall-be <br /> deleted in its entiriq (unless raorded restrictive covenants are spe fled <br /> as or deemed to be Permitted Exceptims, in which event the recording <br /> information thereof shall be listed under such exception). <br /> (b) The standard exception as to taxes IW be limited to the <br /> current year and subm quent years not yet clue and payable and subsequent <br /> assessmernu for prior yon due to change in hued usage ccownership,and <br /> (c)The standard exception as to rights of partes in possession shall <br /> be limited to rights of umants in possession as tenants under any ptesattly <br /> effective unrecordedand recorded teases•, provided f www however, <br /> delivery of the Title Policy may be delayed In o to Aaw fiat Titles <br /> Company to in=wording information as to dot vme nts recite#*adz <br /> which must be regarded at Closing. <br /> ( <br />