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<br />- 2 - <br /> <br />Owners refuse to restore it to the condition it was in at the <br />time of the execution of this Agreement by the Owners, or to <br />accept the money consideration less the cost of such restoration <br />as hereinabove stated, the Purchaser may, at its option to be <br />exercised within thirty days after discovery or notification of <br />such destruction, removal, or injury, terminate this Agreement <br />by written notice to said Owners. <br />5. Prior to acceptance by the Purchaser, the execution of <br />this Agreement by the Owners shall constitute an offer to sell <br />which shall continue for a period of twenty days from the date <br />of such execution. Upon acceptance of this Agreement by the <br />Purchaser within said period, it shall constitute a valid and <br />binding Agreement of Sale and Purchase. <br />6. The consummation and closing of this Agreement shall be <br />made at a time and place agreed upon between the parties, <br />but no later than ten days after notification to the Owners by <br />the Purchaser is ready to close, at which closing the Owners <br />agree to deliver the duly executed deed required by this Agree- <br />ment in the form and substance of Exhi'ot A attached hereto, <br />and to execute, without cost to the Owners, such title closing <br />papers not inconsistent with this Agreement as may be required <br />for the closing. Owners' costs for attorney's fees at the closing, <br />shall be the Owners' responsibility. <br />7. Physical possession of .the herein-described property <br />shall be surrendered to Purchaser on the date payment is ten- <br />dered. <br />8. This contract shall be binding upon the Owners and <br />the Owners' successors and assigns, and shall inure to the bene- <br />fit of the Purchaser, its successors and assigns. <br />IN WITNESS WHEREOF, the parties hereunto have set <br />their hands : The Board of Education of the Plorth Olmsted City <br />School District on the day of <br />City of North Olmsted on the day of <br />1977; <br />and the Purchaser, by the Director of Transporation or his duly <br />authorized representative, its agent, on the day of <br />1977. <br />WITNESSES: THE BOARD OF EDUCATION OF THE NORTH <br />OLMSTED CITY SCHOOL DISTRICT <br />By: <br />1977; the <br />