54-10 Agreement

TABLE OF CONTENTS Page I................................................................................................................................ DEFINITIONS. ..............................................................................................................................................1 II................................................................................... SALE AND PURCHASE OF PROPERTY. ..............................................................................................................................................4 2.1 Purchase of Property..............................................................................................4 2.2 Purchase Price and Terms of Payment..................................................................4 2.3 Assumed Liabilities...............................................................................................4 III....................................................................................................................................... ESCROW. ..............................................................................................................................................5 3.1 Escrow...................................................................................................................5 3.2 Deposit of Funds....................................................................................................5 IV........................................................................................................................................... TITLE. ..............................................................................................................................................5 4.1 Title Commitment..................................................................................................5 4.2 Permitted Exceptions.............................................................................................7 4.3 Inspection and

...................5 4.2 Permitted Exceptions.............................................................................................7 4.3 Inspection and Approvals......................................................................................7 4.4 Purchaser’s Right to Terminate...........................................................................10 4.5 Condition of the Property....................................................................................10 V...................................................................................................................................... CLOSING. ............................................................................................................................................14 5.1 Closing Date........................................................................................................14 5.2 Preliminary Closing Statement............................................................................14 5.3 Action Prior to the Closing Date by Seller..........................................................14 5.4 Action Prior to the Closing Date by Purchaser....................................................15 5.5 Recording of Deed...............................................................................................15 5.6 Prorations.............................................................................................................15 5.7 Closing Costs.......................................................................................................17 5.8 Distribution of Funds and Documents Following Closing..................................17 5.9 Possession............................................................................................................18 VI.................................................................................................. ADDITIONAL INDEMNITIES. ............................................................................................................................................18 6.1

DDITIONAL INDEMNITIES. ............................................................................................................................................18 6.1 Purchaser’s Indemnity.........................................................................................18 VII........................................................................... REPRESENTATIONS AND WARRANTIES. ............................................................................................................................................18 7.1 Purchaser’s Representations and Warranties.......................................................18 7.2 Seller’s Representations and Warranties.............................................................19 7.3 Seller’s Knowledge..............................................................................................20 -1- GENBUS/718957.4