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EARNEST MONEY ESCROW AGREEMENT

1. This Agreement is made and entered into the date set forth below, between, Empire Title of

Colorado Springs, LLC as Escrow Agent, herein called the “Company”, and

______________________as Seller and ____________________________as Purchasers, the

undersigned depositors.

2. Whereas, Depositor(s) wish to place this earnest money deposit in the amount of $____________

4. Now therefore, in consideration of the fee paid to the Company, in the amount of $--0--, subject to

the Exhibit A, as Printed on the second page of this document and specifically incorporated herein

by reference, the Company agrees to hold such earnest money deposit, until CLOSE OF

ESCROW, or apply said deposit as instructed in writing, at the contract closing. During the period

the Company is in possession of the earnest money deposit, any funds in the form of cash or check

will be deposited in a federally insured bank in increments of $100,000.00 per insured account.

5. In the event the Seller allegedly violates or defaults under the terms of the contract, Purchaser

shall notify the Company and Seller of such default in writing. If after 15 days from the date of

notify the Company and Purchaser of such default in writing. If after 15 days from the date notice

of default was given to Purchaser, as certified to the Company by Seller In its written affidavit, the

Company has been informed by Seller that Purchaser has not cured such default satisfactorily to

the Seller, the Company shall pay over the earnest money, less escrow fee, plus any earnings

thereon, if applicable, to Seller subject to Paragraph 9 of Exhibit “A”.

7. In the event of default by either Seller or Purchaser pursuant to paragraphs (5) and (6) above, any

deposit in the form of a promissory note shall not be delivered to the designated party until the

escrow fee has been paid to the Company.

deposit, Paragraph 9 of Exhibit “A” shall apply.

10. If the Contract provides for the delivery of the earnest money deposit or other sums to Purchaser,

then upon only Purchaser’s written request Escrow Agent shall disburse the earnest money

deposit or other sums together with all interest accrued thereon to Purchaser. Except for the

foregoing sentence, Escrow Agent may at any time, request the parties to provide joint written

instructions concerning the propriety of a proposed payment of funds on deposit, distribution of

documents, or other action or refusal to act by Escrow Agent. Should the Parties fail to provide

such joint written instructions within six (6) months from the expiration of the term of the

Agreement, Escrow Agent shall not disburse, but shall make a written request to the Parties for

IN WITNESS WHEREOF, The undersigned have READ AND EXECUTED this Agreement this

_____day of __________________20___.

DEPOSITOR

DEPOSITOR

TAX ID________________________________ TAX ID____________________________________

By_____________________________________ By________________________________________