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L. Tha~ the ~eorow 1~gent ~hell not be liable far auy errar
or ~ud~~nt, or i'or axyr aot done or etsD ~taleen or omi t~ed by him
in goad i'aith, or for a aietake ot lact or law~ or !or a~ thing
whioh ho aa~ do or relra~n trv~ doing in oonneotiaa herewit~,
~xoept hie own willtutl miaoonduot.
Y. That the ~~cror~ Ag~nt shall not be answerable tar the
deleult or misoonQuot o~ any agcnt or attorney employed or
appointed by him if euah agent or attorney ehall have been
sel~eted rrith re~sonable ~are.
That the EscsroR Ager~~ may con~er ~rith legsl ~oua~el
in the evea~t ot ~r diepute or qua$tion as to the conetruatian
of any ot the provlsions hereat or his dutie~ hereunde~~ aad ba
ehall inour no liaD111ty and ~ha11 be Pully proteoted in ~oting
in aecordanae ~rit~ the opinion a~d inatrnction of euoh couneel.
0. ~hat in the @46At of ~ny ai+~agreement bet~reen ax~r o~'
t~e p~rtiQa to this sgrseraent, or between fihem or either ot ~hem
aa~y ~r p~saon, raeulti~ag in adver~e olaime aad demmands being ~oade
in conaeat3on wit~h or tor any property involv~d herein or e~letat~d
hereby, the Eeorc~~? lgsnt ~hsll be entitled, at hie opinion, to
r~fuse ~o o aaply v~ith any elaime or demands on him ae lang ae suah
dissgreement eha12 caa~tinu~ o and in eortu$~.ng, the Esorow Agex~te~
may nake no dellvexy or other dieposition of any propertg invol~red
herei~z or e~ifected hereby, ~and ~n so doi.ng the Ts~~ro~? ~tgent ehall
not be or beooane liable in any w~y or to ~r per$on for hie
failure ar refueal to oamply with such oontlioting or advere~
de~d~; and he ~all be entitled to oantinue ao to retraix~ trom
a~ting and eo to retuse to at~t un~11 (1) the right to ad~er~e
olaiaant~ ghall haee been ~inally ad~udio$tsd in a court ae~umin~
and hsfd ng ~uried3oti on o~ the proyerty ~.avclv~d herein or
atSeots~ hereby ~r (b) all diff~ranoe~ eh~ll hav~ beem adjueted
trg~ agr~ement a~td the Eacro~t Agent e~iall have bean no~itied t,her~ ~t
ia rvri~ing signed by all peraone interestefl.
P. Tha~L 3n the event 3t beooffie~ neo~ee~ary ta enPoree
the aollsteral seoond mortgag0e aa~ no$+es they ~eaure in fa~or
of HARRI3 QOIiST~1~C~I0l~ C08PORA?IOx, ae hers~nbetore eet out,
we laer~by authori~e the eaid 8~erow Agent, I'~IILIP a. ~OtJRS~, a~
Attorrie tor Yaras I. Barr, . in our namee, to tsYe the nece~+~ax~y
~roceed~ag~ !or the enPoroe~nt the e8m~.
Q. ~ha~ in the event it beoame~ neoessary to enioroe
am
a~y af the martgsg~e, tog~~rer with the notee ~hat they ~eaure
referred to in the toregoing paragx~aph~~ and thst the partiee
hereto purCha~e aaid property at the eale thereof ~iZ one be l~ad)
th~n 3t ~s agreed that YJIRYA I. BARII ahall convey hy quit claim
d~ae~l th~ said property to HARHI3 CO~STRIICTT~I~ C08PORA'TIO~, upon
reo~ip# lrom it o~ a second mortgage in the ou~tomary form
~oouring ~he sa~• a~ount du~ ee ~ra~ du~ on tphe previ,oue seooad
ag ac
ffiortg e so e~3arced ~n~ ~eoc~and only ta the ~xieting ~I~T l~~D~Ri~,
l[ORTQd(#~ ~2~s da~e ~ncunnbering eosid gropert~. That th~ ywrpo~e
ot thls par~grap~ ia deaigned ~o al~ow s~ub8titutlon ot eallateral
and a t th~e same tiffie inaure~ that the oollater~el is ot the ~ame
quslity previo~ly attoeptec~ by th~ ~a~.d l~A~~iA Z. SARR.
R. That the pr3vilege of ~ubst3tkti~n o= s~~ond r~oart~e~ge~
is hersby gi~er~ P~OYID~D tha$ tha collaterai o~ the eub~tituted
~c~rtg~g~ ia reaganable and PRQPIDED FTI$T~R that all ~o~te of
sub~-~titutiaa be borns by the garty see~ing t;he subet~.tut3on.
Thst thia~ agreemant is binding upa~ the heira and
s~acce~sors and as~igna o1 the partie~ here to and that ~ime is of
the ~s~ence in t~ie ~gresmento
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