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<br />(a) Terminate tills Agreement. <br /> <br />(b) Withhold from the Purchase Price an amount willch, in the reasonable <br />judgment of Title Company, is sufficient to assure cure of the objections. <br />Any amount so withheld will be placed in escrow with Title Company, <br />pending such cure. If Seller does not cure such objections witbin ninety <br />(90) days after such escrow is established, Buyer may then cure such <br />objections and charge the costs of such cure (including reasonable <br />attorney's fees) against the escrowed amount. If such escrow is <br />established, the parties agree to execute and deliver such documents as <br />may be reasonably required by Title Company, and Seller agrees to pay <br />the charges of Title Company and administer the escrow. <br /> <br />(c) Waive the objections and proceed to close. <br /> <br />1.3 Taxes and Assessments. Real estate taxes due and payable in the year of Closing <br />and special assessments certified to be paid with the real estate taxes due and payable in the year <br />of Closing shall be prorated between Seller and Buyer as of the Date of Closing. All levied and <br />pending special assessments as of date of Closing shall be paid by Seller. <br /> <br />ARTICLE IT <br />PURCHASE PRICE AND PAYMENT OF REAL PROPERTY <br /> <br />2.1 Purchase Price: Real Property. The total consideration to be paid by Buyer to <br />Seller for the purchase of Seller's interest in the Real Property shall be $280,000.00. <br /> <br />'.. ..... ....JIJ~,t~1.Iiiz~i:~~Ym~~t::8~~~6~~~e~Rri~6:..R~~!P,tgP.~tit:Jhepll~sh(l~~ piiceifor$ ~llet's'ir1ter~~~\ <br />~.~t..1g~g~('iLPrQPertyshallbepa1dasfollows:' ... /"~ r;(fJ ~" <br /> <br />$ClriiestMoIl~y, lJya9heck \ % '2 ./ +1o()~D.-' ,}:~\ <br /> <br />(b) $270,000.00 shall be paid in cash or wired funds at CIOSinJ\ ,(,?,~~},~P, '. ;,.,y.>, <br />\'''~ c~ '\ \ ~.i <br />ARTICLE ill ,."I;;.\).t <br />CLOSING . '.)"'" . <br />\\ /i' <br />~__ ...~:t<"',d <br /> <br /> <br /> <br />3.1 Closing. The closing of the purchase and sale contemplated by this Agreement <br />(the "Closing") shall occur within sixty (60) days of the date of tills Agreement (the "Closing <br />Date"). The Closing shall take place at the office of the Buyer's attorney, or at such other place <br />as may be agreed to. Seller agrees to deliver possession of the Property to Buyer on the Closing <br />Date. <br /> <br />-2- <br />