Notice of deposit of deed for delivery, etc.

[Place and date]

To _________:

You will please take notice that in accordance with the terms of a certain contract dated _________, between _________ and yourself, we have this day executed and acknowledged a deed with covenants of general warranty of title, conveying to you the tracts and parcels of land mentioned in the contract.

You will further take notice that the deed is now tendered to you upon your making the cash payment and executing the notes mentioned and described in the contract.

You are further notified that in the event you do not now accept the deed and make the payment and execute the notes, we shall leave the deed at the _________ Bank in the City of _________, State of _________, in escrow, until _________ o'clock, —.m., on _________[date], until which time you may take the deed by paying the cash payment to the _________ Bank for us, and executing and delivering to the bank for us the deferred payment notes mentioned in the deed.

If the deed is not accepted by you, and the cash payment made and the deferred notes executed on or before _________ o'clock, —.m., on _________[date], the contract of _________[date] will be at an end and all your rights under it shall cease, and we will not recognize the same as binding upon us.



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