Common use of ESCROW CLOSING PROCEDURE Clause in Contracts

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 convey the Property to Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 re-convey the Property to Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 convey the Property to Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 484 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow 485 and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period 486 of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer 487 shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt 488 of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds 489 paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with 490 such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 re-convey the Property to 491 Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 for refund of the 492 Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be 493 available to Buyer by virtue of warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 480 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 481 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 482 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 483 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 484 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 485 Closing funds paid by Buyer Xxxxx shall, within 5 days after written demand by BuyerXxxxx, be refunded to Buyer and, 468 486 simultaneously with such repayment, Buyer Xxxxx shall return the Personal Property, vacate the Real Property and re- 469 487 convey the Property to Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 488 for refund of the Deposit, Buyer Xxxxx shall take title as is, waiving all rights against Seller as to any intervening defect 471 489 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx bill of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 484 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow 485 and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period 486 of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer 487 shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt 488 of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds 489 paid by Buyer Xxxxx shall, within 5 days after written demand by BuyerXxxxx, be refunded to Buyer and, 468 simultaneously with 490 such repayment, Buyer Xxxxx shall return the Personal Property, vacate the Real Property and re- 469 re-convey the Property to 491 Seller by special warranty deed and xxxx bill of sale; and (4) if Buyer Xxxxx fails to make timely demand 470 for refund of the 492 Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be 493 available to Buyer by virtue of warranties contained in the deed or xxxx bill of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not more than 10 days after Closing; (2) if Seller’s 's title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, within the 10 10-day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 re-convey the Property to Seller by special warranty deed and xxxx bill of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx bill of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 400 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow 401 and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period 402 of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer 403 shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt 404 of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds 405 paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with 406 such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 re-convey the Property to 407 Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 for refund of the 408 Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be 409 available to Buyer by virtue of warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 518 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 519 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 520 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 521 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 522 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 523 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 524 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 525 convey the Property to Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 526 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 527 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 568 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 569 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 570 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 571 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 572 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 573 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 574 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 575 convey the Property to Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 576 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 577 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 550 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 551 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 552 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 553 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 STANDARDS FOR REAL ESTATE TRANSACTIONS (“STANDARDS”) CONTINUED 554 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 555 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 556 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 557 convey the Property to Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 558 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 DO NOT USE 559 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 re-convey the Property to Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx of sale.. Buye'r Initial /s/ AP Sellers Initials /s/ AS

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of DRAFT 465 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 convey the Property to Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 510 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 511 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 512 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 513 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 514 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 515 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 516 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 517 convey the Property to Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 518 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 519 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not more than 10 days after Closing; (2) if Seller’s 's title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, within the 10 10-day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 re-convey the Property to Seller by special warranty deed and xxxx of bixx xf sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx of bixx xf sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for 504 insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and 505 closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not 506 more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, 507 within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such 508 notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer 509 shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, 510 Buyer shall return the Personal Property, vacate the Real Property and re- 469 re-convey the Property to Seller by special 511 warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take 512 title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of 513 warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer Xxxxx shall, within 5 days after written demand by BuyerXxxxx, be refunded to Buyer and, 468 simultaneously with such repayment, Buyer Xxxxx shall return the Personal Property, vacate the Real Property and re- 469 convey the Property to Seller by special warranty deed and xxxx bill of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx bill of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 550 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 551 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 552 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 553 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 554 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 STANDARDS FOR REAL ESTATE TRANSACTIONS (“STANDARDS”) CONTINUED 555 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 556 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 557 convey the Property to Seller by special warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 558 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 559 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for 507 insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and 508 closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not 509 more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, 510 within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such 511 notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer 512 shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, 513 Buyer shall return the Personal Property, vacate the Real Property and re- 469 re-convey the Property to Seller by special 514 warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take 515 title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of 516 warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, Buyer shall return the Personal Property, vacate the Real Property and re- 469 convey the Property to Seller by special warranty deed and xxxx bill of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx bill of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for 436 insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and 437 closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not 438 more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, 439 within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such 440 notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer 441 shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, 442 Buyer shall return the Personal Property, vacate the Real Property and re- 469 re-convey the Property to Seller by special 443 warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take 444 title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of 445 warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for 426 insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and 427 closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not 428 more than 10 days after Closing; (2) if Seller’s title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, 429 within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such 430 notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer 431 shall, within 5 days after written demand by Buyer, be refunded to Buyer and, 468 simultaneously with such repayment, 432 Buyer shall return the Personal Property, vacate the Real Property and re- 469 re-convey the Property to Seller by special 433 warranty deed and xxxx of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take 434 title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of 435 warranties contained in the deed or xxxx of sale.

ESCROW CLOSING PROCEDURE. If Title Commitment issued pursuant to Paragraph 9(c) does not provide 462 for insurance against adverse matters as permitted under Section 627.7841, F.S., as amended, the following 463 escrow and closing procedures shall apply: (1) all Closing proceeds shall be held in escrow by the Closing Agent 464 for a period of not more than 10 days after Closing; (2) if Seller’s 's title is rendered unmarketable, through no fault of 465 Buyer, Buyer shall, within the 10 day period, notify Seller in writing of the defect and Seller shall have 30 days from 466 date of receipt of such notification to cure the defect; (3) if Seller fails to timely cure the defect, the Deposit and all 467 Closing funds paid by Buyer Xxxxx shall, within 5 days after written demand by BuyerXxxxx, be refunded to Buyer and, 468 simultaneously with such repayment, Buyer Xxxxx shall return the Personal Property, vacate the Real Property and re- 469 convey the Property to Seller by special warranty deed and xxxx bill of sale; and (4) if Buyer fails to make timely demand 470 for refund of the Deposit, Buyer shall take title as is, waiving all rights against Seller as to any intervening defect 471 except as may be available to Buyer by virtue of warranties contained in the deed or xxxx bill of sale.