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11.1 LOSS OR DAMAGE TO IMPROVEMENTS, Loss or damage to the Property or any improvements
<br />thereon, by flre or other casualty, occurring prior to the recordation of the Deed shall be at the risk of Seller.
<br />In the event that loss or damage to Property or any Improvements thereon, by fire or other casualty, occurs
<br />prior to the recordation of the Deed, Buyer may elect to require that the Seller pay to Buyer the proceeds of
<br />any insurance which may become payable to Seller by reason thereof, or to permit such proceeds to be used
<br />for the restoration of the damage done, or to reduce the total price by an amount equal to the diminution In
<br />value of the Property by reason of such loss or damage or the amount of Insurance payable to Seller,
<br />whichever is greater.
<br />12. rRESERVED],
<br />13. POSSESSION OF REAL PROPERTY AND DISPOSITION OF SELLER'S PERSONAL PROPERTY,
<br />Possession of real property shall be given to Buyer upon the recording of Seller's deed, All personal property
<br />remaining on the Property ten days (10) days after the close of escrow shalt become the property of Buyer
<br />and Buyer may dispose of same without liability as it alone sees fit. Buyer shall not be liable for any loss of
<br />or damage to said personal property, regardless of when such loss or damage occurs.
<br />14. WARRANTIES, REPRESENTATIONS AND COVENANTS OF SELLER. Seller hereby warrants,
<br />represents, and/or covenants to Buyer that:
<br />A. To the best of Seller's knowledge, there are no actions, suits, material claims, legal
<br />proceedings, or any other proceedings affecting the property or any portion thereof, at law,
<br />or in equity before any court or governmental agency, domestic or foreign,
<br />B, To the best of Seller's knowledge, there are no encroachments onto the Property by
<br />Improvements on any adjoining property, nor do any buildings or Improvements encroach on
<br />other properties.
<br />C. Until the closing, Seller shall maintain the Property in good condition and state of repairand
<br />maintenance and shall perform all of Its obligations under any service contracts or other
<br />contracts affecting the Property,
<br />D. Until the closing, Seller shall not do anything which would Impair Seller's title to any of the
<br />Property.
<br />E. All utilities Including gas, electricity, water, sewage, and telephone, are available to the
<br />Property, and to the best of Seller's knowledge, all such items are In good working order.
<br />E. To the best of Seller's knowledge, neither the execution of this Agreement nor the
<br />performance of the obligations herein wilt conflict with, or breach any of the provisions of
<br />any bond, note, evidence of indebtedness, contract, lease, or other agreement or Instrument
<br />to which Soller's property may be bound.
<br />G. Until the closing, Seller shall, upon learning of any fact or condition which would cause any
<br />of the warranties and representations in this Warranties, Representations, and Covenants of
<br />Seller Section not to be true as of closing, immediately give written notice of such fact or
<br />condition to Buyer.
<br />MGM
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