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COMPANY within five (5) days from the date herein. <br />Conditions of Escrow <br />2.02. The Conveyance to Buyer or its nominee of good and marketable title to said <br />property, by Warranty Deed, with dower rights released, as evidenced by an Owners Fee Policy <br />of Title Insurance issued by CHICAGO TITLE COMPANY, subject only to such liens, <br />encumbrances, restrictions, easements, or conditions as may be approved in writing by Buyer. <br />Deliverv of Possession <br />2.03. Delivery of possession of said property to Buyer or its nominee, immediately on <br />closing, free and clear of all uses and occupancies, except as Buyer may waive in writing. One <br />of the Sellers, namely, PHII..LIP L. DIER, may continue to reside at the said properiy in <br />accordance with the lease to be executed at closing which is attached hereto and made a part <br />hereof and marked "Exhibit B". <br />Time for Closing <br />2.04. This transaction shall close on or before March 15, 2001. <br />Failure of Conditions <br />2.05 Should any of the conditions specified in Arti.cle 2 fail to occur, Buyer shall have <br />the power, exercisable by the giving by it of written notice to the escrow agent and to Sellers, to <br />cancel such escrow, terminate this Agreement, and recover any amounts paid by it to Sellers or <br />to the escrow agent on account of the purchase price of said property. The exercise of such power <br />by Buyer shall not, however, constitute a waiver by it of any other rights it may have against <br />Sellers for breach of this Agreement. The escrow agent shall be, and is hereby, irrevocably <br />instructed by Sellers on such failure of conditions and receipt of such notice from Buyer to refund <br />immediately to Buyer all moneys and instruments deposited by it in escrow pursuant to this <br />2