R2014-135 AUTHORIZING REAL ESTATE CONTRACT

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for closing the sale; the fee for recording the deed;the cost of an survey;and the cost of the title commitment and policy. Seller shall deliver to Buyer: (i) Its executed quitclaim deed to the Premises, containing only those exceptions listed in subparagraphs (i) through (v), inclusive, of paragraph 3.2 (a) above. (ii) A sufficient release of any indenture of mortgage or trust which may be a lien on the Premises; and, (iii) Such other documents as Buyer's counsel may reasonably require. 3.5 Buyer shall have the right to take possession of the Premises on completion of the transaction of the date of closing. 3.6 While this Contract is in effect, Seller shall (i) not enter into or amend any contracts, options, leases, easements or other agreements adversely affecting the Property,and(ii) not take any action which would adversely affect the ownership or condition of the Property. 4. Title Commitment. Buyer shall obtain a current title commitment for an owner's title insurance policy for the Property. Buyer shall pay all title examination fees or other expenses charged by the Title Company for the purpose of issuing such title commitment. 5. Seller's Closing Obligations. At the closing, (a) Seller shall deliver to Buyer or to such person or corporation as Buyer may nominate subject to Section 9 of this agreement a quitclaim deed, conveying the Premises in fee simple, subject to 2014 real estate taxes and assessments and subsequent years not yet due and payable, all easements, agreements, restrictions and other matters of record. Such deed shall also include provisions requiring the Buyer,its successors and assigns(i)to utilize the Premises to house a not-for-profit Federally Qualified Health Center providing primary outpatient health care and serving at least 51% low-to-moderate income residents as defined by the U.S. Department of Housing and Urban Development or similar not-for-profit uses agreed to in writing by the Seller.(ii) 4