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~ Dfiarni, ~'irric:-s 331.31 ~
(b) Sc~ll.~r :si~~~tl l,<«~c tnc r.ic~,,t_ ic~ cl~•siyn~ite aL- ~
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any tir~~e prior t~ clos ing by notir.~ in wri ti_:~y to 13uyer, a ~
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"ban~:" or "title insuranc~ co~pany" to scxr~ as tl~e Escroc~ • ~ ~
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Agent nerc~uncler i n place of t hc Escrot~ Aycn l lterei» named . . }
In the event of s~ach design~ition, thE Escrow l,yent i~amed
hereundar shall fort}~~,~ith transfer all funcls and dacuments
then held by it in escrow to the saicl designatcd Fscrow '
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Agent and shall serve to further s~ine as such hereunder. _
. (c) Anycvt~ere herein cahere Seller is reyuired to use
"diligence" or "due diligence", the same shall not be construev
as requiring Seller to ex~end any raoney in the course thereof
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and should such expenditure be requirr.d and Sell~r elect not
to proce~d to attain the obje~tive required to be sought by
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such "diligence" or "d~ie diligence", Seller shall not b~ con- ~
sidered in breach oF such obliyation. Furt}~ermore, any~~here
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herein where either party is given an election to cancel or
proceed with this Contracr, such election shall l~e and constitute
the sole and exctus.ive remec3y to the party upon whom the election ;
rests sh~nlcl the condition g.iving ris~ thereto othexwise con-
stitute a brcach or deLault l~y such other parL-y in any t~erm,
condit:ion ar provis_ion hereoF_
; 14. This Contract sh~ll be binding upon the parties
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~ hercto and their resp~ctive heirs, per.~onal reres~ntativ~s
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; ancl ~zssiclns. EiL-i~~r. p<<rty fz~ilincJ to compty r~.itli the terms
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~ of this Contrar.t for Salc s2i~11 p~~y alt cxpensces, includir?g i
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€ a rc<<son~:hlc ~ittor_ney'~: fce, ~nc:~irred by t-he ot-iier party as
~i r~sutt c~f ti~t~t failurc.
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