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with <br />said <br />may <br /> <br /> evidence thereof. If Seller is unable to remove <br /> <br /> defect(s) 'within such 30 day period, then Buyer <br />either: (1) accept title to the Property subject <br /> <br /> to said defect(s) without any reduction in the~total <br /> purchase price, or (2) terminate this Agreement by <br /> written notice to Seller and thereupon have returned <br /> all items and funds theretofore paid or deposited <br /> hereunder, and Seller and Buyer shall be relieved of <br /> further liability hereunder. <br /> <br /> 6. ESCROW PROCEDURE. All documents and <br />funds necessary to complete this transaction shall be <br />placed in escrow with National Title Agency least five <br />(5) ~ays~/before closing. Closing shall be on <br />Januar~ 3, %99~ This Agreement shall be considered as <br />escrow instructions subject to the Escrow Agent's <br />'standard conditions of acceptance which shall be made <br />a part hereof and incorporated herein by reference. <br />In the event of inconsistency between this agreement <br />and standard conditions of escrow this agreement shall <br /> <br />prevail. <br /> <br /> 7. TITLE TRANSFER, OCCUPANCY AND POSSESSION. <br /> <br /> a. Title Transfer. Title shall transfer <br /> <br />to Purchaser by the recording of the deed. <br /> <br /> <br />