Hold PHearing_Purchase of Real Property

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(b) Neither Buyer's execution of this Agreement nor its taking any of the actions contemplated hereunder will violate any City, County, State or Federal Codes or Ordinances, or other governmental regulations. The representations and warranties of Buyer contained herein shall be effective through the close of escrow. 12. Structures on Subiect ProRerty. Based on an appraisal of the Subject Property commissioned by Seller, the existing improvements and structures on the Subject Property do not contribute any value to the Subject Property. Accordingly, Kittitas County agrees to allow Flying M Ranch, at Flying M Ranch's sole expense, to remove all or any portion of the above ground level portion of all existing improvements and structures EXCEPT for the manufactured home located on parcel #957628 of the Subject Property during the term of the 1030 Stone Road Lease. Any such structures or building materials which Flying M Ranch wishes to retain shall. become Flying M Ranch's personal property for Flying M Ranch to use, sell, or dispose of in any manner deemed appropriate by Flying M Ranch without any compensation paid to Kittitas County. Under no condition may Flying M Ranch remove the manufactured home on parcel #957628 or any portions of any structure lying below ground level. Flying M Ranch is responsible for obtaining any necessary permits and approvals needed for any of its actions related to this Section 12. 13. Closing Expenses and Fees. The entire escrow fee, as well as all recording fees except for those associated with the Water Mitigation Certificates or Kittitas County Metering Agreements, shall be paid by Buyer. Buyer will pay the premium on the title policy referred to in Section 8. Real estate taxes shall be prorated and paid by Seller as of the close of escrow based upon the latest available tax bill. Seller and Buyer believe that the sale of the Subject Property by Seller to Buyer will be exempt from the imposition of additional excise taxes under the nominee exception set forth in WAC 458-61 A-214, provided that such tax has been paid in connection with Seller's prior purchase of the Subject Property from its current owner. Buyer and Seller shall cooperate to complete such documentation as may be reasonably necessary in order to qualify this transaction for such exemption. if the transaction of the Subject Property does not qualify for an exemption, Seller shall pay real estate excise taxes due. Other fees and charges shall be allocated in accordance with the customary practices of Kittitas County, Washington. All other closing costs, fees and charges shall be paid by Buyer, except that Flying M Ranch will pay for recording a Water Mitigation Certificate and Kittitas County Metering Agreement on the title record for each of parcels B, C, D, F, G, H, and J of Flying M Ranch's Adjoining Property. Seller and Buyer believe that the sale of the Subject Property by Seller to Buyer will be exempt from the imposition of any compensating or roll -back payable as the result of the removal of the Subject Property from its Current Use — Agricultural property tax classification triggered by the sale of the Subject Property from Flying M Ranch to Seller or Seller's sale to Buyer under RCW 84.34, 108(6). If the transaction does not qualify for an exemption from rollback taxes, then 8