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� ___. .__. ..._.. ..._... . . .. . i .. . . <br /> TABLE OF CONTENTS <br /> Page <br /> ARTICI.E 1 GENERAL PROVISIONS.................................................................................... 2 <br /> 1.1 Defined Terms....................................................................................................... 2 <br /> 1.2 Deposit................................................................................................................. 14 <br /> ARTICLE 2 PROPERTY DISPOSITION............................................................................... 16 <br /> 2.1 Purchase and Sale................................................................................................ 16 <br /> `, 2.2 Payment of Purchase Price.................................................................................. 17 <br /> ' 2.3 Title Approval...................................................................................................... 17 <br /> 2.4 Developer Due Diligence Investigations............................................................. 18 <br /> 2.5 Work Product.......................................................................................................20 <br /> 2.6 City Pre-Closing Document Approval............................................................. 20 <br /> ARTICLE 3 JOINT ESCROW INSTRUCTIONS...................................................................21 <br /> 3.1 Opening of Escrow.............................................................................................. 21 <br /> 3.2 Escrow Agent Authority...................................................................................... 21 <br /> 3.3 Developer's Conditions to Close of Escrow........................................................21 <br /> 3.4 City's Conditions to Close of Escrow ................................................................. 23 <br /> 3.5 Developer's Escrow Deposits..............................................................................24 <br /> 3.6 City's Escrow Deposits........................................................................................ 25 <br /> 3.7 Closing Procedure................................................................................................26 <br /> 3.8 Close of Escrow................................................................................................... 27 <br /> 3.9 Escrow Closing Costs,Taxes and Title Policy Premium....................................2? <br /> '; 3.10 Escrow Cancellation ........................................................................................... 27 <br /> 3.11 Escrow Notices.................................................................................................... 28 <br /> ARTICLE 4 PROJECT DEVELOPMENT..............................................................................28 <br /> 4.1 Precise Plan..........................................................................................................28 <br /> 4.2 Submittal of Plans, Drawings and Related Documents; Scale Model of <br /> Project.................................................................................................................. 28 <br /> 4.3 City Approval of Development Plans..................................................................29 <br /> 4.4 Developer to Obtain all Project Approvals.......................................................... 29 <br /> 4.5 Developer Changes to Project Plans and Specifications During Course of <br /> Construction......................................................................................................... 30 <br /> � <br /> 2013.118/BLOCK 2 HUNTEFi STORM <br /> REV:07-2B-13 PT <br />