Common use of CLOSING COSTS AND ADJUSTMENTS Clause in Contracts

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer and the Seller agree to prorate the following expenses as of closing and funding: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative fees, maintenance fees, and rents, if any. In determining prorations, the Closing Date shall be allocated to the Buyer. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments shall be paid current and prorated between the Buyer and the Seller as of the Closing Date with payments not yet due and owing to be assumed by the Buyer without credit toward the purchase price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, or to be paid after closing, including, but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, or other fees and there is a refund of any such taxes, assessments, or fees after closing, Buyer, as the then current owner of the Property, or the closing agent, in the event of a holdback for payment of such items, shall immediately remit the refund to the Seller. (b) Seller shall only pay those closing costs and fees associated with the transfer of the Property that local custom or practice clearly allocates to Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding the foregoing, FHA/VA allocation of closing costs shall apply when applicable. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. Unless disclosed to Seller, Buyer represents that Buyer is not a real estate licensee, and that the real estate licensee representing Buyer is not related to, or affiliated with Buyer.

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and fundingthe Settlement Date: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-co- operative fees, maintenance fees, fees and rents, if any. In determining prorations, the Closing Settlement Date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Settlement Date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase pricePurchase Price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to the Seller. (b) Seller shall only Xxxxxx Xxx is a congressionally chartered corporation and is exempt from realty transfer taxes pursuant to 12 U.S.C. 1723a(c)(2) and will not pay those closing costs and fees associated with realty transfer taxes regardless of local practice . Any realty transfer taxes due on the transfer sale as a result of the conveyance of the Property that local custom or practice clearly allocates to Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding will be the foregoing, FHA/VA allocation sole responsibility of closing costs shall apply when applicablethe Purchaser. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. (d) Purchaser shall release Seller from any and all claims arising from the adjustments or prorations or errors in calculating the adjustment or prorations that are or may be discovered after closing. Unless disclosed to SellerTHE PURCHASER AGREES TO EXECUTE AND DELIVER TO THE SELLER AT CLOSING XXXXXX MAE’S Tax Proration Agreement 03/2011. (e) Regardless of local custom, Buyer represents that Buyer is not a real estate licenseerequirements or practice, the Purchaser shall pay all costs and that fees incurred in the real estate licensee representing Buyer is not related totransfer of the Property, or affiliated with Buyerincluding the cost of any lender required fees and recording costs except as expressly assumed by the Seller in this Addendum.

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and funding: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative fees, maintenance fees, and rents, if any. In determining prorations, the Closing Date funding date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Date closing date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. In the event the Seller has paid any taxes, special assessments or other fees and there is a refund of any such taxes, assessments or fees after closing, and the Purchaser as current owner of the Property receives the payment, the Purchaser will immediately submit the refund to the Seller. If the Property is heated by, by or has storage tanks for fuel oil, liquefied petroleum gases, gases or similar fuels, the Buyer Purchaser will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, or other fees and there is a refund of any such taxes, assessments, or fees after closing, Buyer, as the then current owner of the Property, or the closing agent, in the event of a holdback for payment of such items, shall immediately remit the refund to the Seller. (b) Seller Regardless of local custom, requirements or practice, the Purchaser shall only pay those closing any and all realty transfer taxes due as a result of the conveyance of the Property. The Purchaser shall pay all other costs and fees associated with incurred in the transfer of the Property that local custom Property, including cost of any survey, title policy, escrow or practice clearly allocates to closing fees and lender required fees, except as expressly assumed by the Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding the foregoing, FHA/VA allocation 38 of closing costs shall apply when applicablethis Addendum. (c) If Xxxxxx Xxx is the owner and the Seller hereunder, the Purchaser acknowledges that Xxxxxx Mae is a congressionally chartered corporation and is exempt from realty transfer taxes pursuant to 12 U.S.C. 1723a(c)(2). (d) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. Unless disclosed to Seller, Buyer represents that Buyer is not a real estate licensee, and that the real estate licensee representing Buyer is not related to, or affiliated with Buyer.

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and fundingthe Settlement Date: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-co- operative fees, maintenance fees, fees and rents, if any. In determining prorations, the Closing Settlement Date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments owed by Seller shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Settlement Date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward Purchase Price. Seller shall not be responsible for the purchase pricepayment of homeowner’s association or special assessments dues that Seller is not obligated to pay under law or contract. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to the Seller. (b) Seller shall only Xxxxxx Xxx is a congressionally chartered corporation and is exempt from realty transfer taxes pursuant to 12 U.S.C. 1723a(c)(2) and will not pay those closing costs and fees associated with realty transfer taxes regardless of local practice . Any realty transfer taxes due on the transfer sale as a result of the conveyance of the Property that local custom or practice clearly allocates to Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding will be the foregoing, FHA/VA allocation sole responsibility of closing costs shall apply when applicablethe Purchaser. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. (d) Purchaser shall release Seller from any and all claims arising from the adjustments or prorations or errors in calculating the adjustment or prorations that are or may be discovered after closing. Unless disclosed to SellerTHE PURCHASER AGREES TO EXECUTE AND DELIVER TO THE SELLER AT CLOSING XXXXXX MAE’S Tax Proration Agreement 03/2011. (e) Regardless of local custom, Buyer represents that Buyer is not a real estate licenseerequirements or practice, the Purchaser shall pay all costs and that fees incurred in the real estate licensee representing Buyer is not related totransfer of the Property, or affiliated with Buyerincluding the cost of any lender required fees and recording costs except as expressly assumed by the Seller in this Addendum.

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and fundingthe Settlement Date: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative fees, maintenance fees, fees and rents, if any. In determining prorations, the Closing Settlement Date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s 's association or special assessments shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Settlement Date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase pricePurchase Price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to the Seller. (b) Seller shall only pay those closing costs Xxxxxx Xxx is a congressionally chartered corporation and fees associated with the is exempt from realty transfer of the Property that local custom or practice clearly allocates taxes pursuant to Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding the foregoing, FHA/VA allocation of closing costs shall apply when applicable12 U.S.C. 1723a(c)(2). (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s 's listing broker. (d) Purchaser shall release Seller from any and all claims arising from the adjustments or prorations or errors in calculating the adjustment or prorations that are or may be discovered after closing. Unless disclosed to Seller, Buyer represents that Buyer is not a real estate licensee, and that the real estate licensee representing Buyer is not related to, or affiliated with BuyerTHE PURCHASER AGREES TO EXECUTE AND DELIVER TO THE SELLER AT CLOSING XXXXXX MAE'S NPDC FORM 5 (Tax Proration Agreement).

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer and the Seller agree to prorate the following expenses as of closing and funding: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-co- operative fees, maintenance fees, and rents, if any. In determining prorations, the Closing Date shall be allocated to the Buyer. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments shall be paid current and prorated between the Buyer and the Seller as of the Closing Date with payments not yet due and owing to be assumed by the Buyer without credit toward the purchase pricePurchase Price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closingthe day prior to the Closing Date, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Buyer as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Buyer will immediately remit submit the refund to the Seller. (b) Seller Regardless of local custom or practice, the Buyer shall only pay those closing all costs and fees associated with incurred in the transfer of the Property that local custom Property, including cost of any survey, title policy, escrow or practice clearly allocates to closing fees and lender required fees, except as expressly assumed by the Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding the foregoing, FHA/VA allocation of closing costs shall apply when applicable. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. Unless disclosed to Seller, Buyer represents that Buyer is not a real estate licensee, and that nor is the real estate licensee representing Buyer is not related to, or affiliated with Buyer, unless such relationship or affiliation has been disclosed to Seller.

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer and the Seller agree to prorate the following expenses as of closing and funding: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative fees, maintenance fees, and rents, if any. In determining prorations, the Closing Date shall be allocated to the Buyer. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments shall be paid current and prorated between the Buyer and the Seller as of the Closing Date with payments not yet due and owing to be assumed by the Buyer without credit toward the purchase price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, or to be paid after closing, including, but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, or other fees and there is a refund of any such taxes, assessments, or fees after closing, Buyer, as the then current owner of the Property, or the closing agent, in the event of a holdback for payment of such items, shall immediately remit the refund to the Seller. (b) Seller shall only pay those closing costs and fees associated with the transfer of the Property that local custom or practice clearly allocates to Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding the foregoing, FHA/VA allocation of closing costs shall apply when applicable. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. Unless disclosed to Seller, Buyer represents that Buyer is not a real estate licensee, and that the real estate licensee representing Buyer is not related to, or affiliated with Buyer.

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and fundingthe Settlement Date: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative fees, maintenance fees, fees and rents, if any. In determining prorations, the Closing Settlement Date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments owed by Seller shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Settlement Date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase price. Seller shall not be responsible for the payment of homeowner’s association or special assessments dues that Seller is not obligated to pay under law or contract. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to the Seller. (b) Seller shall only Xxxxxx Xxx is a congressionally chartered corporation and is exempt from realty transfer taxes pursuant to 12 U.S.C. 1723a(c)(2) and will not pay those closing costs and fees associated with realty transfer taxes regardless of local practice. Any realty transfer taxes due on the transfer sale, as a result of the Property that local custom or practice clearly allocates to Seller and any closing costs and fees specifically agreed to in Section 6conveyance of the Property, and Buyer shall pay all remaining fees and costs. Notwithstanding will be the foregoing, FHA/VA allocation sole responsibility of closing costs shall apply when applicablethe Purchaser. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. (d) Purchaser shall release Seller from any and all claims arising from the adjustments or prorations or errors in calculating the adjustment or prorations that are or may be discovered after closing. Unless disclosed to SellerTHE PURCHASER AGREES TO EXECUTE AND DELIVER TO THE SELLER AT CLOSING XXXXXX MAE’S Tax Proration Agreement 03/2011. (e) Regardless of local custom, Buyer represents that Buyer is not a real estate licenseerequirements or practice, the Purchaser shall pay all costs and that fees incurred in the real estate licensee representing Buyer is not related totransfer of the Property, or affiliated with Buyerincluding the cost of any lender required fees and recording costs except as expressly assumed by the Seller in this contract.

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and fundingthe Settlement Date: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative fees, maintenance fees, fees and rents, if any. In determining prorations, the Closing Settlement Date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s 's association or special assessments shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Settlement Date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase pricePurchase Price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to the Seller. (b) Seller shall only pay those closing costs Xxxxxx Xxx is a congressionally chartered corporation and fees associated with the is exempt from realty transfer of the Property that local custom or practice clearly allocates taxes pursuant to Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding the foregoing, FHA/VA allocation of closing costs shall apply when applicable12 U.S.C. 1723a(c)(2). (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s 's listing broker. (d) Purchaser shall release Seller from any and all claims arising from the adjustments or prorations or errors in calculating the adjustment or prorations that are or may be discovered after closing. Unless disclosed to Seller, Buyer represents that Buyer is not a real estate licensee, and that the real estate licensee representing Buyer is not related to, or affiliated with BuyerTHE PURCHASER AGREES TO EXECUTE AND DELIVER TO THE SELLER AT CLOSING FANNIE MAE'S NPDC FORM 5 (Tax Proration Agreement).

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and fundingthe Settlement Date: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative cooperative fees, maintenance fees, and rents, if any. In determining prorations, the Closing Settlement Date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Settlement Date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase pricePurchase Price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to the Seller. (b) Seller is a congressionally chartered corporation and is exempt from realty transfer taxes pursuant to 12 U.S.C. 1723a(c)(2); however, real estate transfer taxes may be assessed against Purchaser and such taxes shall only pay those closing costs and fees associated with be the transfer sole responsibility of the Property that local custom or practice clearly allocates to Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding the foregoing, FHA/VA allocation of closing costs shall apply when applicablePurchaser. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. (d) Purchaser shall release Seller from any and all claims arising from the adjustments or prorations or errors in calculating the adjustments or prorations that are or may be discovered after closing. Unless disclosed to Seller, Buyer represents that Buyer is not a real estate licensee, and that the real estate licensee representing Buyer is not related to, or affiliated with BuyerTHE PURCHASER AGREES TO EXECUTE AND DELIVER TO THE SELLER AT CLOSING NPDC FORM 5 (Tax Proration Agreement).

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and fundingthe Settlement Date: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative fees, maintenance fees, fees and rents, if any. In determining prorations, the Closing Settlement Date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments owed by Seller shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Settlement Date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase price. Seller shall not be responsible for the payment of homeowner’s association or special assessments dues that Seller is not obligated to pay under law or contract. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to the Seller. (b) Seller shall only Xxxxxx Xxx is a congressionally chartered corporation and is exempt from realty transfer taxes pursuant to 12 U.S.C. 1723a(c)(2) and will not pay those closing costs and fees associated with realty transfer taxes regardless of local practice. Any realty transfer taxes due on the transfer sale, as a result of the Property that local custom or practice clearly allocates to Seller and any closing costs and fees specifically agreed to in Section 6conveyance of the Property, and Buyer shall pay all remaining fees and costs. Notwithstanding will be the foregoing, FHA/VA allocation sole responsibility of closing costs shall apply when applicablethe Purchaser. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. Unless disclosed to SellerSAMPLE (d) Purchaser shall release Seller from any and all claims arising from the adjustments or prorations or errors in calculating the adjustment or prorations that are or may be discovered after closing. THE PURCHASER AGREES TO EXECUTE AND DELIVER TO THE SELLER AT CLOSING FANNIE MAE’S Tax Proration Agreement 03/2011. (e) Regardless of local custom, Buyer represents that Buyer is not a real estate licenseerequirements or practice, the Purchaser shall pay all costs and that fees incurred in the real estate licensee representing Buyer is not related totransfer of the Property, or affiliated with Buyerincluding the cost of any lender required fees and recording costs except as expressly assumed by the Seller in this contract.

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer and the Seller agree to prorate the following expenses as of closing and funding: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative fees, maintenance fees, and rents, if any. In determining prorations, the Closing Date shall be allocated to the Buyer. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments shall be paid current and prorated between the Buyer and the Seller as of the Closing Date with payments not yet due and owing to be assumed by the Buyer without credit toward the purchase price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, or to be paid after closing, including, but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, or other fees and there is a refund of any such taxes, assessments, or fees after closing, Buyer, as the then current owner of the Property, or the closing agent, in the event of a holdback for payment of such items, shall immediately remit the refund to the Seller. (b) Seller shall only pay those closing costs and fees associated with the transfer of the Property that local custom or practice clearly allocates to Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding the foregoing, FHA/VA allocation of closing costs shall apply when applicable. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. Unless disclosed to Seller, Buyer Xxxxx represents that Buyer is not a real estate licensee, and that the real estate licensee representing Buyer is not related to, or affiliated with Buyer.

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and fundingthe Settlement Date: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative fees, maintenance fees, fees and rents, if any. In determining prorations, the Closing Settlement Date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments owed by Seller shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Settlement Date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase price. Seller shall not be responsible for the payment of homeowner’s association or special assessments dues that Seller is not obligated to pay under law or contract. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to the Seller. (b) Seller shall only Xxxxxx Xxx is a congressionally chartered corporation and is exempt from realty transfer taxes pursuant to 12 U.S.C. 1723a(c)(2) and will not pay those closing costs and fees associated with realty transfer taxes regardless of local practice. Any realty transfer taxes due on the transfer sale, as a result of the Property that local custom or practice clearly allocates to Seller and any closing costs and fees specifically agreed to in Section 6conveyance of the Property, and Buyer shall pay all remaining fees and costs. Notwithstanding will be the foregoing, FHA/VA allocation sole responsibility of closing costs shall apply when applicablethe Purchaser. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. (d) Purchaser shall release Seller from any and all claims arising from the adjustments or prorations or errors in calculating the adjustment or prorations that are or may be discovered after closing. Unless disclosed to SellerTHE PURCHASER AGREES TO EXECUTE AND DELIVER TO THE SELLER AT CLOSING XXXXXX XXX’S Tax Proration Agreement 03/2011. (e) Regardless of local custom, Buyer represents that Buyer is not a real estate licenseerequirements or practice, the Purchaser shall pay all costs and that fees incurred in the real estate licensee representing Buyer is not related totransfer of the Property, or affiliated with Buyerincluding the cost of any lender required fees and recording costs except as expressly assumed by the Seller in this contract.

CLOSING COSTS AND ADJUSTMENTS. Items of personal property, including but not limited to, window coverings, appliances, manufactured homes, mobile homes, vehicles, spas, antennas, satellite dishes, and garage door openers, now or hereafter located on the Property, are not included in this sale or the purchase price unless the personal property is specifically described and referenced in Section 10 of this Addendum. Any personal property at or on the Property may be subject to claims by third parties, and therefore, may be removed from the Property prior to or after the Closing Date. The Seller makes no representations or warranties as to the condition of any personal property, title thereto, or whether any personal property is encumbered by any liens. The Buyer assumes responsibility for any personal property remaining on the Property at the time of closing. (a) The Buyer and the Seller agree to prorate the following expenses as of closing and funding: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative fees, maintenance fees, and rents, if any. In determining prorations, the Closing Date shall be allocated to the Buyer. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments shall be paid current and prorated between the Buyer and the Seller as of the Closing Date with payments not yet due and owing to be assumed by the Buyer without credit toward the purchase price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, or to be paid after closing, including, but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, or other fees and there is a refund of any such taxes, assessments, or fees after closing, Buyer, as the then current owner of the Property, or the closing agent, in the event of a holdback for payment of such items, shall immediately remit the refund to the Seller.. BUYER (Initials) /s/CJ SELLER (Initials) /s/RW (b) Seller shall only pay those closing costs and fees associated with the transfer of the Property that local custom or practice clearly allocates to Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding the foregoing, FHA/VA allocation of closing costs shall apply when applicable. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. Unless disclosed to Seller, Buyer represents that Buyer is not a real estate licensee, and that the real estate licensee representing Buyer is not related to, or affiliated with Buyer.

CLOSING COSTS AND ADJUSTMENTS. Except and to the extent provided below all closing costs are the responsibility of the Purchaser, including costs customarily paid by the Seller unless otherwise agreed upon by the Seller. Excepting however, that Purchaser and Seller shall be responsible for their own settlement fees, attorney fees and title work ordered by each respective party. Seller agrees to pay a credit not to exceed $ for Purchaser'(s) closing costs exclusive of prepaids and as allowed by lender (a) The Buyer the “Seller Closing Cost Credit”). Purchaser and the Seller agree to prorate the following expenses as of closing and fundingclosing: real estate taxes, municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative cooperative fees, maintenance fees, and rents, if any. In determining prorations, the Closing Date shall be allocated to the Buyer. Payment of special assessment district bonds and assessments, and payment payments of homeowner’s association or special assessments shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Date closing date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase pricePurchase Price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after the closing, Buyer, and Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to Seller. Purchaser recognizes and expressly accepts that the Seller. (b) Seller shall only pay those closing is exempt from paying any and all form of taxes to local and state authorities, including any costs and fees associated with the recordation of deeds, deeds of trust or any other document associated with the transfer of property by or to the United States of America. Should the local and/or state jurisdiction within which the Property that sits nonetheless require full payment of those costs (other than real estate taxes, which shall be prorated as of closing) then, regardless of local custom or practice clearly allocates any provision in the Contract to Seller and any closing the contrary, Purchaser shall be fully responsible for the payment of those costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costscomplete the transaction. Notwithstanding this provision, the foregoing, FHA/VA allocation of closing costs shall Purchaser may apply when applicable. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and Closing Cost Credit, if any, toward reimbursement for such costs (other than a tax imposed on the Seller’s listing broker. Unless disclosed to Seller), Buyer represents that Buyer is not a real estate licensee, and that the real estate licensee representing Buyer is not related to, in whole or affiliated with Buyerin part.

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and fundingthe Settlement Date: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative cooperative fees, maintenance fees, and rents, if any. In determining prorations, the Closing Settlement Date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Settlement Date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase pricePurchase Price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to the Seller. (b) Seller shall only pay those closing costs is a congressionally chartered corporation and fees associated with the is exempt from realty transfer of the Property that local custom or practice clearly allocates taxes pursuant to Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding the foregoing, FHA/VA allocation of closing costs shall apply when applicable12 U.S.C. 1723a(c)(2). (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. (d) Purchaser shall release Seller from any and all claims arising from the adjustments or prorations or errors in calculating the adjustment or prorations that are or may be discovered after closing. Unless disclosed to Seller, Buyer represents that Buyer is not a real estate licensee, and that the real estate licensee representing Buyer is not related to, or affiliated with BuyerTHE PURCHASER AGREES TO EXECUTE AND DELIVER TO THE SELLER AT CLOSING NPDC FORM 5 (Tax Proration Agreement).

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and fundingthe Settlement Date: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-co- operative fees, maintenance fees, fees and rents, if any. In determining prorations, the Closing Settlement Date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments owed by Seller shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Settlement Date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward Purchase Price. Seller shall not be responsible for the purchase pricepayment of homeowner’s association or special assessments dues that Seller is not obligated to pay under law or contract. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to the Seller. (b) Seller shall only Xxxxxx Xxx is a congressionally chartered corporation and is exempt from realty transfer taxes pursuant to 12 U.S.C. 1723a(c)(2) and will not pay those closing costs and fees associated with realty transfer taxes regardless of local practice . Any realty transfer taxes due on the transfer sale as a result of the conveyance of the Property that local custom or practice clearly allocates to Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding will be the foregoing, FHA/VA allocation sole responsibility of closing costs shall apply when applicablethe Purchaser. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. (d) Purchaser shall release Seller from any and all claims arising from the adjustments or prorations or errors in calculating the adjustment or prorations that are or may be discovered after closing. Unless disclosed to SellerTHE PURCHASER AGREES TO EXECUTE AND DELIVER TO THE SELLER AT CLOSING FANNIE MAE’S Tax Proration Agreement 03/2011. (e) Regardless of local custom, Buyer represents that Buyer is not a real estate licenseerequirements or practice, the Purchaser shall pay all costs and that fees incurred in the real estate licensee representing Buyer is not related totransfer of the Property, or affiliated with Buyerincluding the cost of any lender required fees and recording costs except as expressly assumed by the Seller in this Addendum.

CLOSING COSTS AND ADJUSTMENTS. Except and to the extent provided below all closing costs are the responsibility of the Purchaser, including costs customarily paid by the Seller unless otherwise agreed upon by the Seller. Excepting however, that Purchaser and Seller shall be responsible for their own Settlement Fees, Attorney Xxxx and title work ordered by each respective party. Seller agrees to pay up to a maximum of $0.00 of Purchaser'(s) closing costs exclusive of prepaids and as allowed by lender (a) The Buyer the “Seller Closing Cost Credit”). Any unused portion of these funds shall be returned to Seller. Purchaser and the Seller agree to prorate the following expenses as of closing and fundingclosing: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative cooperative fees, maintenance fees, and rents, if any. In determining prorations, the Closing Date shall be allocated to the Buyer. Payment of special assessment district bonds and assessments, and payment payments of homeowner’s association or special assessments shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Date closing date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase pricePurchase Price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after the closing, Buyer, and Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to Seller. Purchaser recognizes and expressly accepts that the Seller. (b) Seller shall only pay those closing is exempt from paying any and all form of taxes to local and state authorities, including any costs and fees associated with the recordation of deeds, deeds of trust or any other document associated with the transfer of property by or to the United States of America. Should the local and/or state jurisdiction within which the Property that sits nonetheless require full payment of those costs then, regardless of local custom or practice clearly allocates any provision in the Contract to Seller and any closing the contrary, Purchaser shall be fully responsible for the payment of those costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costscomplete the transaction. Notwithstanding this provision, the foregoing, FHA/VA allocation of closing costs shall Purchaser may apply when applicable. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. Unless disclosed to SellerClosing Cost Credit, Buyer represents that Buyer is not a real estate licenseeif any, and that the real estate licensee representing Buyer is not related totoward reimbursement for such costs, in whole or affiliated with Buyerin part.

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and fundingthe Settlement Date: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-co- operative fees, maintenance fees, fees and rents, if any. In determining prorations, the Closing Settlement Date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Settlement Date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase pricePurchase Price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to the Seller. (b) Seller shall only pay those closing costs Xxxxxx Xxx is a congressionally chartered corporation and fees associated with the is exempt from realty transfer of the Property that local custom or practice clearly allocates taxes pursuant to Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding the foregoing, FHA/VA allocation of closing costs shall apply when applicable12 U.S.C. 1723a(c)(2). (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. (d) Purchaser shall release Seller from any and all claims arising from the adjustments or prorations or errors in calculating the adjustment or prorations that are or may be discovered after closing. Unless disclosed to Seller, Buyer represents that Buyer is not a real estate licensee, and that the real estate licensee representing Buyer is not related to, or affiliated with BuyerTHE PURCHASER AGREES TO EXECUTE AND DELIVER TO THE SELLER AT CLOSING XXXXXX MAE’S NPDC FORM 5 (Tax Proration Agreement).

CLOSING COSTS AND ADJUSTMENTS. (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and fundingthe Settlement Date: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative fees, maintenance fees, fees and rents, if any. In determining prorations, the Closing Settlement Date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s association or special assessments owed by Seller shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Settlement Date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase price. Seller shall not be responsible for the payment of homeowner’s association or special assessments dues that Seller is not obligated to pay under law or contract. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. If the Property is heated by, or has storage tanks for fuel oil, liquefied petroleum gases, or similar fuels, the Buyer will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, assessments or other fees and there is a refund of any such taxes, assessments, assessments or fees after closing, Buyer, and the Purchaser as the then current owner of the PropertyProperty receives the payment, or the closing agent, in the event of a holdback for payment of such items, shall Purchaser will immediately remit submit the refund to the Seller. (b) Seller shall only Xxxxxx Xxx is a congressionally chartered corporation and is exempt from realty transfer taxes pursuant to 12 U.S.C. 1723a(c)(2) and will not pay those closing costs and fees associated with realty transfer taxes regardless of local practice. Any realty transfer taxes due on the transfer sale, as a result of the Property that local custom or practice clearly allocates to Seller and any closing costs and fees specifically agreed to in Section 6conveyance of the Property, and Buyer shall pay all remaining fees and costs. Notwithstanding will be the foregoing, FHA/VA allocation sole responsibility of closing costs shall apply when applicablethe Purchaser. (c) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s listing broker. Unless disclosed to SellerSAMPLE (d) Purchaser shall release Seller from any and all claims arising from the adjustments or prorations or errors in calculating the adjustment or prorations that are or may be discovered after closing. THE PURCHASER AGREES TO EXECUTE AND DELIVER TO THE SELLER AT CLOSING XXXXXX XXX’S Tax Proration Agreement 03/2011. (e) Regardless of local custom, Buyer represents that Buyer is not a real estate licenseerequirements or practice, the Purchaser shall pay all costs and that fees incurred in the real estate licensee representing Buyer is not related totransfer of the Property, or affiliated with Buyerincluding the cost of any lender required fees and recording costs except as expressly assumed by the Seller in this contract.

CLOSING COSTS AND ADJUSTMENTS. BUYER (Initials) SELLER (Initials) - 3- (a) The Buyer Purchaser and the Seller agree to prorate the following expenses as of closing and funding: municipal water and sewer charges, utility charges, real estate taxes and assessments, common area charges, condominium or planned unit development or similar community assessments, co-operative fees, maintenance fees, and rents, if any. In determining prorations, the Closing Date funding date shall be allocated to the BuyerPurchaser. Payment of special assessment district bonds and assessments, and payment of homeowner’s 's association or special assessments shall be paid current and prorated between the Buyer Purchaser and the Seller as of the Closing Date closing date with payments not yet due and owing to be assumed by the Buyer Purchaser without credit toward the purchase price. The Property taxes shall be prorated based on an estimate or actual taxes from the previous year on the Property. All prorations shall be based upon a 30-day month and all such prorations shall be final. The Seller shall not be responsible for any amounts due, paid, paid or to be paid after closing, including, including but not limited to, any taxes, penalties or interest assessed or due as a result of retroactive, postponed or additional taxes resulting from any change in use of, or construction on, or improvement to the Property, or an adjustment in the appraised or assessed value of the Property. In the event the Seller has paid any taxes, special assessments or other fees and there is a refund of any such taxes, assessments or fees after closing, and the Purchaser as current owner of the Property receives the payment, the Purchaser will immediately submit the refund to the Seller. If the Property is heated by, by or has storage tanks for fuel oil, liquefied petroleum gases, gases or similar fuels, the Buyer Purchaser will buy the fuel in the tank at closing at the current price as calculated by the supplier. In the event the Seller has paid any taxes, special assessments, or other fees and there is a refund of any such taxes, assessments, or fees after closing, Buyer, as the then current owner of the Property, or the closing agent, in the event of a holdback for payment of such items, shall immediately remit the refund to the Seller. (b) Seller Regardless of local custom, requirements or practice, the Purchaser shall only pay those closing any and all realty transfer taxes due as a result of the conveyance of the Property. The Purchaser shall pay all other costs and fees associated with incurred in the transfer of the Property that local custom Property, including cost of any survey, title policy, escrow or practice clearly allocates to closing fees and lender required fees, except as expressly assumed by the Seller and any closing costs and fees specifically agreed to in Section 6, and Buyer shall pay all remaining fees and costs. Notwithstanding the foregoing, FHA/VA allocation 38 of closing costs shall apply when applicablethis Addendum. (c) If is the owner and the Seller hereunder, the Purchaser acknowledges that is a congressionally chartered corporation and is exempt from realty transfer taxes pursuant to 12 U.S.C. 1723a(c)(2). (d) The Seller shall pay the real estate commission per the listing agreement between the Seller and the Seller’s 's listing broker. Unless disclosed to Seller, Buyer represents that Buyer is not a real estate licensee, and that the real estate licensee representing Buyer is not related to, or affiliated with Buyer.