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6.1.8 Endangered Species. To the best of Seller's knowledge,(a)there are no endangered or threatened species of animals,plants or insects on the Property, and (b)there are no environmental or biological characteristics of the Property or adjacent property, which under existing law will adversely affect Buyer's ability to own,develop and/or market the Property or the cost thereof. 6.1.9 Ownership of Property. Seller is the sole and only party that owns or holds any interest in the Property. 6.1.10 Property Documents. To the best of Seller's knowledge, the Property Documents and all other documents and information provided by Seller or its agents or consultants to Buyer are complete, true and accurate and do not omit any material fact, and there are no other documents, materials, studies, surveys or other information in the possession or control of Seller that would have a material and adverse effect on Buyer's ability to own, develop and/or market the Property. 6.1.11 Other Agreements. Except as set forth in the Property Documents and this Agreement, Seller has not made any commitment or representation to or entered into any agreement of any kind with any government authority,or any adjoining or surrounding property owner,group or other third party, which would in any way be binding on Buyer or all or any portion of the Property or would interfere in any way with Buyer's ability to own,develop,improve and/or market the Property, and will not make any such representations or warranties or enter into any such agreements which would affect the Property or any portion thereof prior to the Close of Escrow,without Buyer's written consent. 6.1.12 Access. There is full and unobstructed direct access to the Property from public streets,highways or roads that are adjacent to the Property. 6.1.13 Bankruptcy. No "Bankruptcy Event" (as defined below)has occurred with respect to Seller nor any member or manager of Seller. There is not pending or threatened any case,proceeding or other action seeking reorganization, arrangement, adjustment, liquidation,dissolution or re- composition of Seller or any member or manager of Seller or seeking appointment of a receiver,trustee,custodian or similar official for Seller or any member or manager of Seller for all or any substantial part of its or their assets. "Bankruptcy Event"means(a)the maldng by a person of a general assignment for the benefit of such person's creditors,(b)the admission in writing by a person of its inability to pay its or their debts as they mature, (c)an attachment, execution or other judicial seizure of any property interest which remains in effect, or(d)the failure to have taken or submission to any action indicating a general inability by a person to meet its financial obligations as they accrue. -11-