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V licensed land surveyor within fifteen (15) working days after date of option; upon executions, Optionee shall deliver to Owner the sum of $25,000o00, to be applied upon the option price<> If option is cancelled by Optionee, option agreement contains pro-visions for disposition of deposito Purchase price is $12,500 per acreQ Optionee has right of entry for purpose of conducting soil boring and other independent surveys, and indemnifies Owner from any and all liabilitye Option parcel presently under lease for grazing pur­poses , such lease terminable upon ten days notice, which notice has been or will be given by Owner no later than the opening of escrow0 Optionee may exercise by giving Owner written notice0 Within five (5) business days after exercise of option, a fifteen (15) day escrow will be opened with Title Insurance and Trust Company, Los Angeles, in accordance with escrow instructions attached to option as Exhibit nCng Owner to deposit in escrow grant deed conveying the property, and cause to be issued policy of title insurance; Optionee to deposit purchase price in escrow, together with other sums necessary to cover prorations as pro­vided; taxes and assessments to be prorated to close of escrow; escrow fee to be paid one half by Owner and one half by Optionee <= In event soil boring determines that the real property does not have a load-bearing capacity of at least 2,000 pounds