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02/27/2001 02:16 FA]; 14407770107 GAREAU DUBELRO-- Z03 <br />COIId1ttpI1S of Escrow <br />2.02. Seller shall•Convey to 8uyer or its nominee good and maricetable titie bo said <br />Plwmh' bY WarrantY Deed. Se11er shall further provide evidence by an Ownen Fee Policy of <br />Tifle Insurance issued by CHICAGO TITLE COMPANY in the smount of the purcham prim, <br />subject only to such liens, encumbrances, restrictions, easements, or conditioas as may be <br />apProved iti vrxi.ting by Buyer. <br />De ? of Possession <br />2.03. DeXivery of possession of said pmperty to Buyer or its nomince, immadia?y om <br />closing, free and clear of all usrs and occupancies, except as Suyea may waive in writing_ Sd.ler <br />L7IVe: (4V1UoLF?4 ?tGlJ7`f L3?? T)D <br />may, however, remain on said property for a period ofihog}c, (39) days aftex dosing. If Saller <br />elects to do so, she shall be msponsible far the payment of aU utgities and maittterancae durilDg said <br />peaciai of t'vcne. <br />2.04. This transaction shall close on or before Ma.rch 20, 2001, b D <br />Failure of .ondihpns <br />2.05 Shauld any of che condidns specified ia Article 2 fail to oemr, Buyer sha1l have <br />the puwec, exescisable by the giving by it of writtm notice to the escsnw agcnt and bo Sr.ur.x, to <br />cancrJ such escruw, termina.te this Agreement, and recover any amounts paid by it to Se11w ar tD <br />the escrow agent on account of the purchase price of said properiy. The exercise of web pourer <br />by Buyeac shall not, however, cansfitute a waiver by it of any othe.r rights it may have against <br />Seller for breacb of t6is AgreemenL The escrow agent shall be, and is hereby, irnevocabIy <br />Instiilcted by Seller on such failure of conditions and receipt of such nvtice from Suyer bo refmtd <br />immediatel.y to Buyet all moneys and instruments depvsited by it in escraw pursuant bo tfiia <br />2