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indemnification by Buyer to the Seller. Buyer shall promptly provide to Seller copies of such i studies, surveys and tests. Prior to beginning work on the property, each of the Buyer's Parties shall provide to Seller proof of property damage and pubic liability insurance of at least$1,000,000 naming Seller as additional insured and keep the Property free of all liens. Buyer shall provide 7 days notice of such work so that Seller can post and retard Notice of Non-responsibility. (d.). Processittt;. From the Effective Date and through the Close ofFscmw,Buyer, at its sole cost and expense,and subject to Seller's reasonable approval thereof shall have the right to process all applications, plans, permits, development agreements, contracts, documents, and other instruments or entitlements necessary or appropriate for the Buyer's proposed use and development of the Property. Buyer shall promptly fiumish Seller with copies of all such documents. Buyer shall periodically advise Seller of the status of the entitlement processing it performs. Seller shall, at no cost or expense to Seller, other tban general overhead costs and expenses, cooperate with and assist Buyer in the processing of such items,and to the extent reasonably necessary or appropriate, executing such items and documents. Netwithatanding the foregoing,Buyer shall not subject Seller or the Property to any financial obligation or enter into any agreement which shall create or provide for the creation of assessments,liens or other encumbrances or the recording of any final subdivision maps upon the Property without Seller's prior written consent. (e.). Notice of2i - If Buyer gives written notice to Seller by 5:00 p.m. of the final day of the Review Period of dissatisfaction with the condition ofthe Property,this Agreement shall be deemed cancelled and all deposits shall be returned immediately to Buyer- If Buyer.fails to give written notice of dissatisfaction by 5;00 p.m- of the last days of the Review Period,then Buyer's right to object to such matters shall be deemed waived and this Agreement shall continue in full force and effect. Section 7- Posse.5$ion. Unless Buyer otherwise elects,seller shall terminate all existing leases or other possessory rights pertaining to the Property effective onorbefore the Close of Escrow. Seller shall deliver exclusive possession of the Property to Boyer at the Close of Escrow and shall indemnify and hold Buyer free and harmless(including Buyer's attorneys fees and costs)from any claims of Seller's teraauts or other persons having or claiming any right of possession in the Property. Section 8. pmrghons. An non-delinquent tames,assessments andn Sshall be�mted as of the Close of Escrow. Any delinquent taxes or assessments shall be pan byell Section 9. Real Estate brokers. (a-). Buyer is represented in this transaction by Mr. Jeff Robinson of Emerald Valley Land Company and by Mr. Stephen Clark of Stephen R. hark Appraiser & Coasultan equal to to and one half lose of ercent Escrow 5%)of the Buyer Pu Purchase price.one and a half brokerage perecuut 0.5011 %) shall be paid to Emerald Valley Land Company and one per cent(1.0%) shall be paid to Stephen R, Clark Appraiser& Consultant,Inc. 4 a L 90 - 9Dvd NVONna SL99SE869Z L0:9I 599L/SZ/b9