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exercises the Option to Sell (the "Date of Closing"), "is hereby deleted in its entirety and replaced with the following: Subject to the provisions of Section 14, 18 and 19 below, Seller and Buyer must meet on September 1, 1997 or such earlier date as the Parties may mutually agree upon (the "Date of Closing") 6. Section 13 . Evidence of Title. Section 13 is deleted in its entirety and replaced with the following: "13 . Evidence of Title. Buyer has obtained a commitment for title insurance and survey of the Property (the "Evidence of Title"). On or before the Date of Closing, Seller must deliver an abstract of title to those portions of the Property that are not registered property and an owners duplicate certificate of title for all portions of the Property that are registered property to Buyer. Buyer agrees to accept the Abstract of Title without recertification. 7. Section 14 . Examination of Title. The initial clause of the first sentence of Section 14, which reads: "Within fifteen (15) days following Buyer's receipt of the last item of the Evidence of Title." is hereby deleted in its entirety and replaced with the following: Within 30 days following Buyers exercise of the Option to Purchase or Sellers exercise of the Option to Sell, 8. Section 16 . Seller's Representations and Warranties. Notwithstanding the language in the last paragraph of Section 16 which states: "Each of the representations and warranties herein contained shall survive the closing." Buyer agrees that Buyer must assert any claims based upon the representations and warranties set forth in Section 16 on or before the date nine (9) months from the date of closing or Buyer shall be deemed to have waived such claims. 9. I.R.C. ~1031 Exchanee. Seller has advised Buyer that Seller desires to complete this transaction as a part of a Section 1031 Exchange. Buyer agrees that to facilitate Seller's exchange, Buyer will execute an agreement in the form attached as Exhibit A 356051.3 2