Hold PHearing_Purchase of Real Property

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7. Title. Seller shall convey the land portion of the Subject Property to Buyer by a statutory warranty deed. Title shall be conveyed to Buyer, free and clear of all title defects, liens, encumbrances, deeds of trust, and mortgages except (a) the standard printed exceptions on the form of title insurance policy issued pursuant to Section 8; (b) a lien for nondelinquent real property taxes; (c) an unwritten residential rental agreement with Helen Wheeler and her family related to the mobile home on parcel #957628 (the "Permitted Rental Anrangemenf'); and (d) such other matters as are approved by Buyer in writing. Seller shall convey the Included Water Rights to Buyer by a quitclaim deed. 8. Title Insurance. Buyer shall be provided with a standard owner's policy of title insurance in the full amount of the Purchase Price insuring that title to the Subject Property is vested in Buyer upon close of escrow subject only to the exceptions noted in Section 7. 9. Possession. Possession shall be delivered to Buyer on close of escrow. 10. Seller's Representations'. Seller makes the following representations: (a) Seller has full power and authority to enter into this Agreement and the person signing this Agreement for Seller has full power and authority to sign for Seller and to bind it to this Agreement and, at closing, will have full power and authority to sell, transfer and convey all right, title and interest in and to the Subject Property in accordance with this Agreement. (b) Seller is not a "foreign person" and is not otherwise subject to back-up withholding of tax under Section 1445 of the Internal Revenue Code. (c) The conveyance of the Subject Property in accordance with this Agreement will not violate any provision of state or local subdivision laws. (d) The Subject Property has insurable access to a public road. (e) Within Seller's knowledge, there is no suit, action, arbitration, legal, administrative or other proceeding or inquiry pending or threatened against the Subject Property, or any portion thereof, or pending or threatened against Seller or Seller's predecessor in tide, which could affect Seller's title to the Subject Property, or any portion thereof, affect the value of the Subject Property, or any portion thereof, or subject an owner of the Subject Property, or any portion thereof, to liability. (f) Within Seller's knowledge, there are no: (i) Intended public improvements or private rights which will result in the creation of any liens upon the Subject Property securing an obligation to pay money. (ii) Uncured notices which have been served upon. Seller or Seller's predecessor in title from any governmental agency notifying Seller of any violations of law, 6