Purchaser, Seller and Escrow. Agent acknowledge that the Escrow Agent is acting hereunder as a depository only to the parties, and Purchaser and Seller, jointly and severally, do hereby agree to indemnify and hold harmless the Escrow Agent of and from any and all liabilities, costs, expenses and claims, of any nature whatsoever, by reason of or arising out of any act as Escrow Agent hereunder, except in the case of Escrow Agent’s gross negligence or willful misconduct. Escrow Agent shall execute this Exhibit “C” for the purpose of agreeing to comply with this Exhibit “C” and receiving the benefits pursuant to this Exhibit “C”. Escrow Agent’s failure to execute this Exhibit “C” shall not otherwise affect the validity of this Agreement. Escrow Agent may execute this Exhibit “C” after the time the Deposit is received by Escrow Agent. Amendments to the Agreement shall not require Escrow Agent’s signature to be enforceable. Executed by Escrow Agent as of the day of September, 2019. ESCROW AGENT: Chicago Title Insurance Company By: Print Name: Title: Xxxxx, I am pleased to present this letter of intent for the purchase of the Wyld Palms community. If these terms are acceptable, I will prepare a Purchase Agreement to be signed by the applicable parties (the “Purchase Agreement”). $100,000.00, at which time, both the original deposit and the additional deposit shall be non- refundable (subject to closing conditions) and credited against the purchase price.
