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NIX NO. F. 04 11) NOTICES: All notices required et permitted hereunder shell be given to the parties in ending at their reaoecarve oadleCOOli as laat fqr OalOW. Shoilld 'ha data upon y•IMet) any net reqUirod to ha Derillonneel by MIA AiOnnewnerit foil ona Sraurday. Sendai,' or holiday, The t me for perforrnence Mall be xteidnd to the next DI:Sinew clay. 0) POWEIGN INVESTOR DRICLOSURE: Seller and gsuyer agree to tececute end cieever only instrument, affidavit or el:element. sine to perform rimy act reasonably necessary to carry out the previsions of leis Foreictri kweirtment in Dertaintrig to Pelee of real propy by nan-reac Heat Propeirry Tax Act and r ulatior s prornidZselect thereunder tie weN ea any comParable California alaturad :1) ADDENDA: Any eicioendum attarame hereto end either signers or inteated by trie partfee shell be deemed a Pert hereof. Plitt Agreement. Incite:MD 441C and. if zany. expressos the enure awuement of the parties and auperiseeles tiny and en previous regreentente b atinnetnt the pardea with regard to the Property. There are no peter tintfenelandinge. oral or writhsri. welch In any way eater or enlarge Its deem arid Were are no swarrantles or representation-is of any nature whorls( ever. either ezpratec or impliad„ except eta cot forth herein. Any future modification of this Agreemenl will be e Pleelfve only Wit Is in vatting end stormed by the Patti/ to be oftwIted- 2) ACCEIPTAINCE AND EFFIECTWE DATE .% Buyer's signature hereon constitutes en offer to BOW to purchase the Property On test terms and dominions :red earth herein. tinkles acceptemoo humor as meets by Satleee 411314401.1130,1 of this Agreement and delivery of a Fully eiteee(ed copy to Buyer, either in person or by notionally overneeht liaaaerY earaice at the address shown Mame or by teostmlie, Ode OW shell be ntil end votd1Paci=lt shell be returned be Berm and neither Suffer rum Buyer Shall have any further rights or obligations hereunder. no "Etreethre Date" of We Agreernert shall be the date on which Buyer receives Boner* executed counterpart of this Agreement 13) inelVERIONC LAW! Tree Alasiement *tell be governed by and construed in acconderlos with the levee of the State Conewnia. et) 4 xTOIER re-RAM AND CONDITIONS: Z4.1) All perttes to this Agreement awl e that a facsimile signature and leonine In counterpart ere legally binding. 24.2) Boyer end Seller hereby øoocint Esscravir Agent as. and Escrow Acernt agrees to act as, "the person responsible for domino" the traneacijo,, which is the subject of the Agreement pursuant to internal Revenue Code &ocean 6043(e). Escrow Agent shalt. 1 rapers and fika all Jnnu [relutne, fndudtng without lerittallen. IRS form 1099-S arid retell creierwles tTJy wi -h the al Revenue Gie Bectliai 60415(e). Escrow Agent shell ifldemnnlf,, protect.hold hnfon and defend Sense Buyer and their reepeclive ettorrierl Yor. earn end ogainst ea MUMS.wop, were teases. nabilttlete or expenses ensing out of or in connoction with the failure of Etoi'8i, Agent to comply with We provbiona of lees paragraph section 24.2. 74.3) 1'eny term or provivion deft Agreement Is deberrened to be Invalid, wets klv5lId tem or provision shell be bole , and the remainder of this Agreement ohall Centinua In fiat for ond affect to Ma earrua extent se *house the ?rØIId1 IUyrn or pnavielon wary not contnnaa herein. 24.4 ) The penes herein agree to execute, eteknovviertge end deliver such other documents and instrument/4 as may be: reasonably nee-misery or appropriate to carry out the full Intent and pixel:lee Of this Agreement. 24.5) Buyer represents end wiarrents la Softer, with Me understanding that Setter Is retying on twild representations *old wsit in entering Into this Agreement. that Buyer has eat (I) mode a eonmai eaelo-unent ler lite benefit of ertentors; ta) flied any teal...tory petteen le benicruptcy or Isuffiered the Bing of any involuntary petition by Buyer's cietatortt (Ia) *.irTere eta eppoesenent at a neyelver to take poseeseion of all or substantially all of Buyers steely; *unread the antachment or other judicial seizure of ell. or nueetentially alt, of Burmese eansets: eicenitted In writing c,ed generally. ayee ineiblaty to pay lie debts as thy) ceirne doe; or (vi) made an offer et settlement, extension. or composition to fei Initiate The uno hems a rid nee Buyer hereby Offers and c greets to purchate the above denterlbed Properly 'r the' Pisa arel ueron the Woe* herein elated. rhie on-mt La made by Buyer to Seller on Oda' mictipt of 44'1 07C4:42u tett copy of this Agreemei it. 25) AQPflItONAL. TERMS AND CONDITIONS: algyeee Int day of October. 2005_ The undersigned Buyer hereby ackoowtocfges Red Moustorrn Rates Glrouji. Inc. ADDREES: Attn: Michelle Bell VP. of Due Diligence, Taxation 8. Investor Flak:Akins _ 12214 E. 17". Street Setae Are. CA 92701 Michael H. kluge?", CO IC -21- --202,o4 TELEPHONE: Ter: (714) 246.7403 FeneLt714124rel 424 ewes 4 of a suYER By: 'ATE: tr'd 8LLB -LLL -17TI. 01 EI:90 90 19 '400 soo -I 0