It is agreed between _________ of _________, and _________ of _________, having had an accounting between them in reference to all matters and particularly in reference to the sale and purchase of the real estate described in the attached deed from _________ to _________, _________ not being and not having been in default at any time in the performance of the real estate contract. It is further agreed that $_____ shall be due from _________ to _________ upon _________ being in a position to deliver to _________ a clear title to the real estate described in the attached deed, and _________ having duly signed and executed the attached warranty deed conveying the property described in the warranty deed to _________ as provided for in the contract made and entered into by and between the parties providing for the conveyance of the real estate, the contract being dated _________, and _________ deposits the warranty deed with _________ as escrowee to deliver the warranty deed to _________ upon _________ being in a position to give a clear title to the real estate, and _________ deposits with _________, as escrowee, _________ dollars, to be paid by escrowee to _________ as soon as _________ shows clear title to the real estate.