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(f) Title Insurance. Concurrently with recordation of the Deed conveying t~'¥--t~-~he Property or portions thereof, First American Title Insurance Company ("Title Co.") or some other title insurance company satisfactory to the Agency and the Redeveloper, shall provide and deliver to the Redeveloper a title insurance policy issued by the Title Co. insuring that the title is vested in the Redeveloper in the condition required by paragraph (a) of this Section. The Title Co. shall provide the Agency with a copy of the title insurance policy and the title insurance policy shall be in the amount of the Purchase Price for the Property or por- tions thereof. Concurrently with the recording of the Deed conveying title to the Property, or portions thereof,the Title Co. shall, if re- quested by Redeveloper, provide Redeveloper with an endorsement to insure the amount of the Redeveloper's estimated construction costs of the improvements to be constructed upon the Property or portions thereof. The Redeveloper shall pay the entire premium for any sucb increases in coverage requested by it. The Agency shall pay only for that portion.of the title in-' surance premium attributable to a CLTA standard form policy of title insurance in the amount of the Purchase Price of the Pro- perty or portions thereof. The Redeveloper shall pay for all additional premiums and for any extended coverage or special endorsements. (g) Taxes and Assessments. Ad valorem taxes and assessments, if any, on the Property or portions thereof and taxes upon this Agreement or any rights thereunder, levied, assessed, or imposed for any period commencing prior to conveyance of title shall be borne by the Agency. All ad valorem tgxes and assessments on the Property o~ portions thereof levied, assessed~or imposed for any period commencing after closing of the escrow shall be paid by th~ Redeveloper. (h) Occupants of the S~te. Title to the Property or.por- tions thereof shall be conveyed free of any possession or right of possession except that of Redeveloper, unless waived by Rede- veloper in writing. (i) Conveyance of Phase I Parcel No Later Than Final Endorse- ~. The Agency and the Redeveloper understand that the Agency may not be able to deliver to the Redeveloper a strip of land consisting of a portion of the west one half of Van Ness Avenue (to be vacated), as comprising a portion of the Phase I Parcel at the time of initial endorsement. The Agency and the Redeveloper further understand that HUD has agreed to issue its initial endorsement ~for the Phase I Parcel less said strip of land so long as said strip of land will be conveyed to the Redeveloper not later than the date HUD issues its final endorse- ment for the Phase I-Parcel and the Agency agrees to deliver title and possession to said strip of land no later than said time of final endorse- ment. In the event such strip of land is not so conveyed until the time -9-