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Commission provides the Company a title policy from Meridian Title Company (the "Title <br />Company') showing that no taxes are due and owing on the Property. <br />4. At Closing, the Commission shall provide a title policy (the "Title Policy") from <br />the Title Company acceptable to the Company insuring the transfer of the Property to the <br />Company in the amount of One Hundred Sixty Five Thousand and 00/100 Dollars <br />($165,000.00). Other than the costs associated with the Title Policy or each party's respective <br />attorney's fees, the parties shall split all closing expenses and fees, which shall be evidenced by a <br />Closing Statement prepared by the Title Company and signed by the parties hereto or their <br />respective representatives at closing. The parties each represent that no real estate commissions <br />are due and owing to any party with respect to this transaction. <br />5. The Closing shall be held at a mutually agreed upon location and time (herein <br />referred to as the "Closing"') on a date which is not more than thirty (30) days from the date of <br />this Agreement or as otherwise agreed (the '`Closing Date"). At Closing: <br />(a) Commission shall deliver to the Company the duly executed and <br />acknowledged quitclaim deed conveying the Property to Company as <br />provided in Paragraph 3. <br />(b) Company shall deliver to the Commission the Purchase Price and a <br />Certificate of Existence of the Company issued by the Indiana Secretary of <br />State's Office on the Closing Date or sixty (60) days prior thereto, <br />evidencing that the Company is an Indiana corporation in good standing <br />under Indiana law. <br />(d) Possession shall be delivered at Closing. <br />(e) The parties shall pay all closing costs at Closing in accordance with <br />Section 4 and shall execute a Closing Statement evidencing such fees. <br />6. The Company agrees to purchase the Property '`AS IS WHERE IS" and without <br />any representations or warranties as to the condition of the Property by the Commission and <br />acknowledges that the Commission, including any of its representatives, has not made any <br />warranties or representations of any kind relating to the Property or the condition or use thereof. <br />The Company has been advised by the Commission to, and has completed to its satisfaction, its <br />2 <br />