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charges which may have been incurred in connection with this Agreement, shall be returned to Buyer. 13. Seller's Covenants. For so long as this Agreement has not been terminated: a. Seller shall not take or acquiesce in any actions which would alter the existing or permitted zoning or use ofthe Property prior to Close of Escrow. b. Seller shall maintain the Property in its current condition (ordinary wear and tear and damage by the elements excepted) and shall operate the Property in the manner in which it is currently being operated. c. From and after the Agreement Date, Seller shall not enter into any contracts concerning the Property, without obtaining the prior written approval of Buyer. d. From and after the Agreement Date Seller shall not enter into any leases of any portion of the Property, without the prior written approval of Buyer. 14. Seller's Closing Conditions. a. Seller's obligation to perform under this Agreement is conditioned upon: (1) Buyer timely performing all of its obligations under this Agreement; (2) Receipt of the Purchase Price; (3) Receipt of the Assignment and Assumption of Contracts. b. In the event the conditions set forth in paragraph 14.a. are not satisfied or waived by Seller in writing on the Scheduled Closing Date, Seller may elect to terminate this Agreement. 15. Closing Costs and Prorations. The closing costs shall be paid as follows: Escrow Fees: 1/2 Seller; 1/2 Buyer Owner's Policy Premium: Buyer County Documentary Transfer Tax: Seller City Documentary Tax (if any) Seller Notary fees, document preparation fees and recording fees shall be paid by the party benefiting from such notary, preparation, or recordation. All other closing costs shall be paid in accordance with the custom in the County in which the Property is located. Real property taxes and assessments and rents shall be prorated as of the Close of Escrow and through escrow based upon the latest available tax and assessment information. All expense items normal to the operation of the Property shall be prorated outside of escrow. Each party shall pay the legal fees incurred by its own legal counseL 16. Representations and Warranties of Seller. Seller hereby makes the following representations and warranties, to the best of its knowledge, each of which is material and being relied upon by Buyer and is true in all respects as of the date of this Agreement: a. That copies of all original documents provided Buyer pursuant to this Agreement are true and complete copies hereof; 11417.00002\BGLllil\1225060.5 6 "T TO. r' -,