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<br />" . <br /> <br />11. Closing. The Closing shall occur no later than 60 days from the option <br />acceptance date, and shall take place at the office of the Buyer's attorney at a mutually <br />convenient date and time. <br /> <br />12. Seller's Closing Documents. At closing, Seller shall deliver the following <br />documents ("Seller's Closing Documents") to Buyer: <br /> <br />12.1 Quit Claim Deed. The Quit Claim Deed shall be duly executed and <br />acknowledged by Seller so as to convey to Buyer good and marketable fee simple title to the <br />Property free and clear of all liens, encumbrances and other conditions of title other than the <br />Permitted Exceptions and exceptions not duly objected to by Buyer. <br /> <br />12.2 Mechanic's Lien Affidavit. A mechanic's lien affidavit in the customary <br />form, attesting that to the knowledge of Seller, (a) no individual, entity or Governmental <br />Authority has any claim against the Property under the applicable mechanic's lien law, (b) no <br />individual, entity or Governmental Authority is either in possession of the Property or has a <br />promissory interest or claim in the Property (except Seller and Buyer), and (c) no improvements <br />to the Property have been made for which payment has not been made. <br /> <br />12.3 Gap Affidavit. An affidavit in form and content reasonably satisfactory to <br />the Title Company to facilitate the insuring of the "gap", i.e., the deleting as an exception to the <br />Title Commitment any matters appearing between the effective date of the Title Commitment <br />and the effective date of the Title Policy. <br /> <br />12.4 FIRPT A. A FIRPT A Non-Foreign Entity Transfer Certificate or <br />Exemption Certificate or document evidencing withholding, in accordance with Section 1445 of <br />the Internal Revenue Code. <br /> <br />12.5 DR-219. DR-219 as required forrecording. <br /> <br />12.6 Closing Statement. At least four (4) counterparts of a closing statement <br />for this transaction, executed by Seller. <br /> <br />12.7 Documentation authorizing transaction. Documentation in form and <br />content reasonably satisfactory to the Buyer that the Board of Directors of A vila Condominium <br />Association, Inc. have properly approved this Option Agreement for the purchase and sale of the <br />Property. <br /> <br />13. Buyer's Closing Documents. At closing, Buyer shall deliver the following <br />documents (Buyer's Closing Documents) to Seller; <br /> <br />13.1 City Commission Approval. A certified copy of the Resolution, Minutes <br />or Agenda Actions of the pertinent meeting of the Commission Council showing that Buyer has <br />been authorized to enter into and execute this Agreement and consummate the transaction herein <br />contemplated. This Agreement shall be presented to City Commission for its approval at its <br />regular meeting scheduled for September 18, 2008. <br /> <br />Option Agreement for A vila Condo. Assn. Property <br /> <br />12 <br /> <br />s <br />