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of the Property. The Company agrees to accept the Property under the above - described circumstances and subject to the above - described restrictions and encumbrance provided that the Commission provides the Company a title policy from Meridian Title Company (the "Title Company ") showing that no taxes are due and owing on the Property. 4. Commission Obligations at Closing. At Closing, the Commission shall provide a title policy (the "Title Policy ") from the Title Company acceptable to the Company insuring the transfer of the Property to the Company in the amount of One Hundred Thirty -one Thousand Two Hundred Fifty and 00 /100 Dollars ($131,250.00). Other than each party's respective attorney's fees, the Commission shall pay all closing expenses and fees, which shall be evidenced by a Closing Statement prepared by the Title Company and signed by the parties hereto or their respective representatives at closing. The parties each represent that no real estate commissions are due and owing to any party with respect to this transaction. 5. Closing Date and Deliverables. The Closing shall be held at a mutually agreed upon location and time (herein referred to as the "Closing ") on a date which is not more than thirty (30) days from the date of this Agreement or as otherwise agreed (the "Closing Date "). At Closing: (a) Commission shall deliver to the Company the duly executed and acknowledged Limited Warranty Deed conveying the Property to Company as provided in Paragraph 3. (b) Company shall deliver to the Commission: (i) the cash portion of the Purchase Price; (ii) a Certificate of Existence of the Company issued by the Indiana Secretary of State's Office on the Closing Date or thirty (30) days prior thereto, evidencing the Company is an Indiana corporation in good standing under Indiana law; and (iii) evidence satisfactory to the Commission the Company has performed or is capable of performing the conditions set out in paragraph 6 of this Agreement, including the recording of the Declaration of Easement described in 6(g). (c) Possession shall be delivered at Closing. (d) The parties shall pay all closing costs at Closing in accordance with Section 4 and shall execute a Closing Statement evidencing such fees. 6. Company's Conditions and Use of Property. Except as otherwise provided herein, the Company agrees: (a) To purchase the Property "AS IS WHERE IS" and without any representations or warranties as to the condition of the Property by the Commission and acknowledges that the Commission, including any of its representatives, has not made any warranties or representations of any kind relating to the Property or the condition or use thereof. The Commission shall, within five (5) days after the execution of this Agreement, provide to Company any and all environmental reports it has completed prior to the execution of this Agreement. In addition, 3