Assignment of Agreement of Purchase and SaleJuly 19th, 2011
FiledJuly 19th, 2011to be held in trust pending completion or other termination of this Assignment agreement (“Assignment”) and to be credited toward the Purchase Price on completion. For the purposes of this Assignment, “Upon Acceptance” shall mean that the Assignee is required to deliver the deposit to the Deposit Holder within 24 hours of the acceptance of this Assignment agreement. The parties to this Assignment hereby acknowledge that, unless otherwise provided for in this Assignment, the Deposit Holder shall place the deposit in trust in the Deposit Holder’s non-interest bearing Real Estate Trust Account and no interest shall be earned, received or paid on the deposit.