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TABLE OF CONTENTS <br /> Page <br /> 1 PURCHASE AND SALE .. ................... ... .. 5 <br /> 2 PURCHASE PRICE, FEES AND COSTS 5 <br /> 3 ESCROW . ........................... . ... 5 <br /> 3 1 Opening of Escrow 5 <br /> 32 Escrow Instructions.......................... 6 <br /> 3.3 Termination/Cancellation 6 <br /> 4. ACTIONS PENDING CLOSING 6 <br /> 41 Due Diligence ............................... 6 <br /> 4 1 1 Property Materials 6 <br /> 4 12 Buyer's Due Diligence Tests....................... ............................ . 7 <br /> 4 13 Buyer's Termination Right 8 <br /> 42 Title................. .. . 8 <br /> 4 2 1 Deliveries by Seller 8 <br /> 4 2 2 Buyer's Review of Title . ............ ..... ............................... .....8 <br /> 4 2 3 Condition of Title at Closing 9 <br /> 43 Entitlement and Zoning 10 <br /> 5 DESCRIPTION OF PROPERTY... .......................... 10 <br /> 5 1 The Property 10 <br /> 6 CONDITIONS TO CLOSING 10 <br /> 61 Buyer's Closing Conditions.......... ... .. 10 <br /> 611 Title 10 <br /> 612 Seller's Due Performance ...................................... .. 10 <br /> 6 1 3 Physical Condition of Property 11 <br /> 614 Bankruptcy <br /> . .. .......... ..... 11 <br /> 6 1 5 Possession/Removal of personal property 11 <br /> 6 1 6 Seller's Closing Conditions................ . 11 <br /> 7 CLOSING . .. ................................... 11 <br /> 71 Closing Date 11 <br /> 72 Deliveries by Seller ....................... .. .. .. 11 <br /> 7 2 1 Grant Deed 11 <br /> 7 2 2 Non-foreign Affidavit ... I........................ .. 11 <br /> 723 State Affidavit 12 <br /> 7 2 4 Owner's Affidavit................. .. 12 <br />