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In possession of the Property shall be liable for and assume all risk of loss to the Property. 5. SELLER S REPRESENTATIONS AND WARRANTIES. There are no representations or warranties of any kind. Buyer is acquiring the property AS IS , subject to all existing easements or claim of easements, rights of way, protective covenants, zoning ordinances and applicable building codes, laws and regulations, encroachments, overlaps, boundary line disputes and other matters which might or might not be.

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