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TABLE OF CONTENTS <br /> Page <br /> 1 PURCHASE AND SALE 1 <br /> 2 PURCHASE PRICE, FEES AND COSTS 1 <br /> 3 ESCROW 1 <br /> 3 1 Opening of Escrow 1 <br /> 32 Escrow Instructions 2 <br /> 33 Termination/Cancellation 2 <br /> 4 ACTIONS PENDING CLOSING 2 <br /> 41 Due Diligence 2 <br /> 411 Property Materials 2 <br /> 412 Buyer's Due Diligence Tests 3 <br /> 4 1 3 Buyer's Termination Right 4 <br /> 42 Title 4 <br /> 4 2 1 Deliveries by Seller 4 <br /> 422 Buyer's Review of Title 5 <br /> 423 Condition of Title at Closing 6 <br /> 43 Entitlement and Zoning 6 <br /> 5 DESCRIPTION OF PROPERTY 6 <br /> 5 1 The Property 6 <br /> 6 CONDITIONS TO CLOSING 6 <br /> 61 Buyer's Closing Conditions 6 <br /> 611 Title 6 <br /> 6 1 2 Seller's Due Performance 6 <br /> 6 1 3 Physical Condition of Property 7 <br /> 614 Bankruptsy 7 <br /> 6 1 5 Posession/Removal of personal property 7 <br /> 62 Seller's Closing Conditions 7 <br /> 7 CLOSING 7 <br /> 7 1 Closing Date 7 <br /> 72 Deliveries by Seller 7 <br /> 7 2 1 Grant Deed 7 <br /> 722 Non-foreign Affadavit 7 <br /> 723 State Affadavit 8 <br />