Fort Walton Beach Ordinance — 2040--100 Hill Avenue--Sale of Property — reading text

will be the sole responsibility of the borrower. 7. The pro-ration of taxes reflected on the closing statement has been made on the basis of a gross tax figure in the amount of $0. 00 in compliance with instructions contained in the Purchase and Sale Agreement for this transaction. 8. In addition, the undersigned agree that if either Party is charged, on the closing statement, recording, courier or administrative fees over the amount needed to complete the transaction, If the overages charged on the 25. 00. the Closing Agent shall retain any overage up to $ closing statement add up to an amount of$25. 00 or more, the$ 25. 00 plus any excess amount above $ 25. 00 charged for recording, courier or administrative costs, shall be returned to the Party charged Conversely, if the charges on the closing statement for recording, courier or administrative fees prove to be less than required to complete the transaction, the Closing the transaction up to $ 25. 00. If the Agent shall fund the difference needed to complete Page 1 of 1  recording, courier or administrative fees necessary to complete the transaction amount to more than $ 25. 00. The closing Agent may bill the Party charged the $ 25. 00 and any additional amount above the $ 25. 00 needed to complete the transaction. We understand that Hand Arendall Harrison Sale LLC, is relying on the statements contained herein to compute the applicable tax pro-ration amounts between Seller and Buyer. The closing agent will not be liable for any discrepancies that may arise in these pro- ration figures when the actual tax bills for the year of closing are available, or for any shortages in escrow accounts. Upon receipt of the current tax statement, the undersigned parties will make pro- ration adjustments between themselves outside of the closing if the total pro- ration difference exceeds $ 10. 00. City of Fort Walton Beach Florida X•Z4.,:-, t- 0 David L. Hunter Page 2 of 1  recording, courier or administrative fees necessary to complete the transaction amount to more than $ 25. 00. The closing Agent may bill the Party charged the $ 25. 00 and any additional amount above the $ 25. 00 needed to complete the transaction. We understand that Hand Arendall Harrison Sale LLC, is relying on the statements contained herein to compute the applicable tax pro- ration amounts between Seller and Buyer. The closing agent will not be liable for any discrepancies that may arise in these pro-ration figures when the actual tax bills for the year of closing are available, or for any shortages in escrow accounts. Upon receipt of the current tax statement, the undersigned parties will make pro-ration adjustments between themselves outside of the closing if the total pro-ration difference exceeds$ 10. 00. City of Fort Walton Beach Florida a- Pr 1147 A1- I David L. Hunter Page 2 of 1