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3.13 Cal-FIRPTA Withholding. Unless this transaction is exempt under <br />California Revenue and Taxation Code Sections 18805 and 26131, Escrow Holder shall be the <br />"withholding agent" and withhold from proceeds due Seller any amounts required under the <br />above code sections to be withheld by Buyer and pay same to the California Franchise Tax Board <br />or Internal Revenue Service in accordance with applicable law. <br />3.14 Additional Documents. Seller and Buyer shall execute and deliver to <br />Escrow any other documents reasonably required by Escrow Holder including, without limitation, <br />Seller' s affidavits or statements regarding mechanics liens and /or tenants or parties in possession. <br />3.15 Termination of Property Contracts. Seller shall terminate any service <br />contracts or similar agreement relating to the Property that the Buyer does not expressly elect in <br />writing to assume which termination shall be effective as of the Close of Escrow. <br />4. Real Estate Brokerage Commission. Buyer and Seller each represent and warrant <br />to each other that they have not employed, dealt with or incurred any obligation to any broker, <br />agent or finder in connection with the Property, and that they have not incurred any obligation to <br />pay any other real estate brokerage or other commission or fee in connection with the conveyance <br />of the Property to Buyer. Buyer and Seller agree to indemnify, defend and hold each other free <br />and harmless from and against all costs and liabilities, including without limitation reasonable <br />attorneys' fees and the costs and expenses of litigation, for causes of action or proceedings in any <br />way related to or resulting from a breach of the foregoing representation and warranty or arising <br />out of any action or proceedings which may be instituted by any broker, agent or finder, licensed <br />or otherwise, claiming through, under or by reason of the conduct of the indemnifying Party, <br />respectively, in connection with this transaction. <br />5. Inspections; AS -IS Condition of Property. <br />5.1 Waiver of Inspections. Buyer and Seller agree that Buyer unequivocally <br />waives any right to conduct independent investigations concerning (i) Buyer's proposed use, sale, <br />development or suitability for development of the Property; (ii) the condition and all other <br />attributes of the Property, including, without limitation all improvements located thereon; (iii) <br />applicable laws, statutes, rules, regulations, ordinances, limitations, restrictions or requirements <br />concerning the use, density, location or suitability of the Property or any existing or proposed <br />development or condition thereof, including but not limited to zoning, subdivision and other <br />regulations; (iv) the necessity or availability of any specific plan or general amendments, rezoning, <br />zone variances, conditional use permits, building permits, environmental impact reports, <br />subdivision maps, public reports issued by the California Bureau of Real Estate and all other <br />governmental permits, approvals or acts; (v) the necessity and existence of all dedications, fees, <br />charges, costs or assessments which may be imposed by any Governmental Authority in <br />connection with the proposed development of the Property; (vi) the value of the Property; (vii) the <br />availability or adequacy of access to the Property, or of water, sewage, gas, electrical or other <br />utilities serving the Property and (viii) the presence or adequacy of infrastructure or other <br />improvements on, near or concerning the Property. <br />-7- <br />