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in this Agreement. <br />3. Acceptance by Buyer. To accept this <br />following items to Seller and Escrow Holder no later <br />Agreement for signing by Buyer: (i) This Agreement <br />amount of the Purchase Price payable to Escrow Ho <br />Agreement set forth in Section 1, Seller will stop all r <br />transaction. <br />Ireement, Buyer must deliver the <br />in the 28th day after Buyer receives this <br />fined by Buyer, (ii) a check in the <br />.r. If Seiler does not receive the signed <br />ptiations with Buyer regarding this <br />+ 4. The Deed. Seller shall convey the Rea Estate to Buyer by Corporation Grant <br />Deed (the "Deed). In the Deed Seiler will for a period of 25 years after the date the Deed is <br />I recorded prohibit the use of the Real Estate for the co istruction or operation of any facility <br />selling motor fuel and other hydrocarbon substances, or recordation in accordance with this <br />I, Agreement <br />5. Purchase Price. <br />Amount. The Purchase Price for the R al Estate is the amount set forth in <br />Section 1. Buyer shall deposit the full Purchase Price into escrow as provided above in Section <br />3 (ii). The Purchase Price represents the total compensation paid for the Real Estate without <br />distinction or separation for various interests in the Real Estate. Seller shall be responsible, at <br />Seller's sole cost and expense, for any apportionment of the compensation to third parties as <br />may be required by applicable claims for possession, eases, franchises, or agreements and the <br />Real Estate shall be conveyed to Buyer free from all such claims, [eases, franchises or <br />agreements. <br />6. Escrow and Closing. <br />6.1 Escrow. Closing will occur thro <br />Holder. After Buyer and Seller have signed this Agre+ <br />original of this Agreement to Escrow Holder. Escrow <br />that Escrow Holder signs this Agreement. For purpo: <br />considered to have received this Agreement signed b <br />business day after Escrow opens. This Agreement cs <br />Escrow Holder. Buyer and Seller shall do all that is re <br />6.2 Closing Date. The Escrow will <br />gh the Escrow at the office of the Escrow <br />nent, Buyer will deliver a fully signed <br />ill be considered opened on the date <br />s of this Agreement, Buyer will be <br />Buyer and Seller on the second <br />istitutes joint escrow instructions to . <br />sonably necessary to close the Escrow. <br />as specified in Section 1. <br />6.3 Closing Conditions. Each party s obligation to complete the Transaction <br />is contingent on the satisfaction of the following condi ions, unless that party waives the <br />condition before Escrow closes: <br />(a) Other Closing Conditions. All cl <br />3 <br />Qareladminljosephldrafts1044931resa09.doc 06/08/99 <br />ng conditions for that party's benefit <br />7:57 AM <br />?gO69J. <br />