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of tenants in possession and rights of any kind, except encumbrances that have been disclosed to Purchaser in writing. b. So long as this Agreement remains in force, Seller will not lease, rent or convey all or any portion of the Property or any interest therein, except those portions previously leased by Seller, or enter into any Agreement granting to any person or entity any right with respect to the Property, or any portion thereof, without first obtaining the prior written consent of Purchaser. c. Seiler is not now a party to any litigation, investigation or other proceeding, nor to the knowledge of Seiler is any such litigation, investigation or proceeding threatened, which relates to the Property, directly or indirectly, or Seller's right to sell the Property. d. Seller has no knowledge of any pending, threatened or contemplated condemnation proceedings which will or may affect the Property in any respect whatsoever. e. Seller has no notice of and is not aware of any violations of any laws, ordinances, orders, restrictive covenants or other requirements affecting the Property, and there are no violations of record of any of the foregoing. f. There are no commitments to governmental authorities or agencies or utilities or quasi -governmental entities which affect the Property and no conditions of the zoning of the Property which have not been completely fulfilled. g. There are no taxes, assessments or levies of any type (except ad valorem taxes for calendar year in which closing occurs) relating to the Property which are presently due and payable or which may become a lien or other charge against any part of the Property. h. The Improvements are within the boundary lines of the Real Property as described on EXHIBIT A, and there are no encroachments onto the Real Property by any adjoining land owner. i. None of the Property is located within an area designated as having special flood hazards on the applicable Official Flood Hazard Map of the Federal Insurance Administration. j. The Property is presently zoned under the zoning ordinance of Lee County, North Carolina. k. No default now exists under any instrument affecting, encumbering, or secured by the Property, or any part thereof, nor is there any fad or condition which might, after notice or lapse of time or otherwise, become such a default. I. Neither the execution and delivery of this Agreement by Seller nor the consummation of the transaction herein contemplated shall, after notice or lapse of time or otherwise, result in a breach of any of the terms or provisions of or constitute a default under any article, indenture, agreement, contract, instrument, or obligation to which Seller is a party or by which Seller or the Property or any portion thereof is bound or encumbered, or constitute a violation of any applicable law relating to Seller or the Property. m. Seller has the right, legal capacity, power, and authority to enter into this Agreement and to convey the Property to Purchaser pursuant to the terms and provisions hereof. The execution of this Agreement by Seller, the performance by Seller of its obligations hereunder, and the sale, transfer, and conveyance contemplated hereby do not require any further action by Seiler or the consent of any third party.