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EROM (TUE)JUN 24 2008 13;95/ST.13;31/No.6880345645 P 15 <br />' 86/24/:998 I1:57 983782917: CDLDWEII_ BANKER f2EG PAGE 15/19 <br />2152 Clarkavi3.le <br />c~,eoee c~me►s 75460 paso e o► ed2,ts-o9 <br />(Addresa of Pr~ <br />18. ESCROFW= <br />a ESGROW: 'i'he esctow agent Ls not (i1 e PartY to this contract and d0es not hsve tiabilfy fvr Hte perfomianoe o1' <br />nonpariortnanco ot arry parU to this conbvci, int Fable fur interest on the earrfnt monep and (1-1) Gable tor the loss <br />af arty aarrmst money caused by the faiture of any 5rtariclal instttu8art In wliich the eamest mcney has been <br />dppOSiteC unlon the flrandal instltutbori is acting ae escmw s►gent <br />6. EXPENSES: At dosing. the eemeet monQy musi bs 3ppUed flrst to any mslt doWn paymtnt then to 9uyers <br />Experisaa end au+y excess n►iurtded 4o BW. If no dositV oa:urs. escraw a9ertt may requlrr PaYmenc at unpaid <br />eocpenses incurted on beW ot the paRies pnd a writdn reiease of li*Iiqr of sauow agertt from atl panles, <br />C. DEMAND: UpOfl twinBti~ofl O} Q11s contracf, citlw paRy Of the *e=M► ageM tnay s9f1C a I+eleA86 Of eAmest <br />monay to each patty an4 tho paKles shall ezeCLlbt oounte"Rs Of the mimoe erld deliver sam* b the eawow <br />agent, lf e'Mer party fsile to ao'arte the tWamse, e(tlw party mey make a wrftten demana tr.+ the ascrow egent for <br />the euneot mvnry. tf only ons paKjr makes wtitlen demand tor Iht samest monty, eserow sgent shall prompqy <br />pmvide a oopy of tlw darnand Uo ft other patQl. It escraw agent does rrot receh+e wAlten objuticn Eo the demand <br />from the oftr parry wlthin 15 daya, eacrow apnt may disburse the eameat money m the PaRY meMn9 dernand <br />roduoed by the amount of unpald expsnaea Incurrasi on benag o: me parqr mceivinq the esm" money and <br />eacroM, agent may pay the same to the creditor5. If escrow agent canples wttt the pnovbbns of M" PardgaPh, <br />oach psutp hereby raless" e9crow aaeMt fiom all aMrse deins reWted tD the Qlsbursal of the eamest money. <br />D, DAMAGES: A^Y Pary wha wrangiffly tails vr retusea W slgn a ntem acaAdble to the escraw aigent witAin 7 <br />days of nceipc ot the rcquest wW be ilabte m the other p" fOr (iguidobed damvges af lhrse thnes the amount of <br />an eamest tnonay. <br />E. NOTICES: Esr.t+ow ageMS notfces will be eRectiw when sent In corttplbnce wEth Ps^e9raph 21, Notla of objeeUon <br />t0 the demand Wili be deetlled 2ffWiW Upon t8dlpt by esGOav sgenL <br />18. REPRESEN'fAT10NS: Separ repnsats tut as of ft 0osrn9 Oate (a) ftm wgI be. no ilens, assessments, or <br />acurtlY Imrub agalrtat the Propsrty whkh will nat be saftled aut ot ft sa1es FoO80b uniezs aecudn9 pryrnent <br />o{ any loarm as,a,imed by BWw end (b) assurtted 108rts w!U nd be in default, ff any repnesenm8on of 9eW !n lhIs <br />conbasi }s untrua on tht Closing Dsoe, seiler wnll be in detautt . <br />20. FEpE,RAL TAX REQUIREMENTS: If Selier is a"foreign persm," aa detined by apRlicable law, or 'rf Seller falls bo <br />doliver an et'f'lavlt to Buyer ttot Seilet is not a'TOneign pemooct; then 9uyer sha[I wilhhold trom the safes PmoeeQs an <br />amount sutfic.ient m cormy with applicable mx faw and defiver the same to the Interna! Revenue Service together <br />wiM aPProPnM tau torrns. InCemel Revenue Servia regWaUone roquire flGng writb» repor% if cumancy In exms of <br />spediied amourtts is received In Itte tran.mctlon. <br />21. NOTtcEs: A!I noticas from one ParcY so tra oftr must be in wrirting and 9ro eFiaetive when mailed to, hand-dollvered <br />at or trmnsmeed by tacsimile or ekctronic transm&-Jan es foGows: <br />To etryer <br />at' <br />70 8eller <br />at <br />Te4ephone: r2+31 ~64-99eA _ Telephwe: <br />Facsimile: <br />Facsimlk: <br />E-rnail: E-mdk <br />Initielld for idLVttficedon by Buyor sna Ukr <br />(TAR-1601) 2-1S-06 "AA,"V <br />Pio&=o %ah 1'ipFam"' M Rfi P LI.Z 7 E02S PMran MaM Rol qnlon 'rW,"rNp. Mk►O.n 4eoS° -0&=. <br />TREC No. 2a7 <br />Pnqe 8 ot B <br />Mdau6hl1a.xft <br />- U002(10 <br />