O-2007-2969 New Life Christian Fellowship seller of b;uildings 908/912 W Main St

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Ccmmercial Contract -Improved Property concerning .-8. Survey: . (1) Within 45 days after the effective date: -0 (a) Buyer will obtain a survey of the Property at Buyer's expense and deliver a copy of the survey to Seller. 908 and.912 W~st Main'Street, La Porte !Xl (b) Seller, at Seller's expense, will furnish Buyer a survey of the Property dated after the effective date. D (c) Seller will ,deliver a true and correct copy 'Of Seller's existing survey of the Property dated . Seller, at Seller's expense: D (i) will have the existing survey recertified on a date nct earlier than . D (ii) will not have the existing survey recertified. Seller 0 will Dwill not deliver to the title company an affidavit required by the title company for approval of the survey that states that Seller . knows of no changes 'Or alterations tc the Property as depicted on the survey. (2) The survey required under Paragraph 6B(1) must be made by a Registered Professional Land . Surveyor acceptable to the title company. The survey must: . (a) identify the Property by metes and bounds or platted lot description; (b) show that the survey was made and staked on the ground with corners permanently marked; (c) set forth the dimensions and total area 'Of the Property; (d) showthe location of all improvements, highways, streets, roads, railroads, rivers, creeks or other waterways, fences, easements, and rights-of-way 'On the Property with all easements and. ':rights-,cf"'-way referenced to their recording infcrmation; (e}'showany discrepancies or conflicts .in boundaries, any visible encroachments, and any porticn , of the Property lying in a special flood hazard area (an "A" or "V" zone as shewn en the current -Federal Emergency Management Agency (FEMA) fleod insurance rate map); ano (f) . contain the surveyor's certificate that the survey is true and correct. C. UCC Search: !Xl (1) \l\litnln 30 days after the effective date, Seller, atSeller's expense, will furnish Buyer a Uniform Commercial Code (UCC) search prepared by a reporting service and dated after the effective date. The search must identify documents that are en file with the Texas Secretary of State and the county where the. Property is Located that relate''to all personal property on the Property ahd show, as debtor, Seller and all other owners of the personal property in the last 5 years. o (2) Buyer does not require Seller to furnish a UCC search. D. Buver's Objecticns to the Commitment, Survey. and UCC Search: (1) Within 30 days after Buyer receives the commitr1].ent, copi~s of the documents evidencing title exceptions, any required survey, and any required UCC search, Buyer may object to matters disclosed in the items if: . (a) the matters disclosed constitute a defect or encumbrance to title to the real or personal property described in Paragraph 2 ether than these permitted by this contraGt or liens that Seller will satisfy at closing 'Or Buyer will aSSl.,lme at closing; or (b) the items shew that any part 'Of the Property lies in a special flood hazard area (an "A" or "V'i zone as defined by FEMA); - . Initialed for Identification by Buyer I t.-l ( /' .I.,~ Seller~,_ Page 3 of 14 (TAR-1801) 2-6-02 Produced with ZipForm..... by RE FormsNe~ LLC 18025 Fifteen Mile Road, Clinton Township, Michigan 48035, (800) 383-9805