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execution of the Purchase Agreement. The <br />Seller hereby agrees that it shall be legally <br />bound by the provisions of this paragraph and <br />Seller's violation of this paragraph will cause <br />irreparable injury to Buyer. <br />Brokerage: Buyer is represented by Richard Lee of Premier <br />Commercial Properties, LLC (buyer's broker). <br />Brokerage fees of 3% of the purchase price shall <br />be paid to buyer's broker at closing. <br />Seller and Buyer acknowledge that the proposal is intended as the basis for the <br />preparation for the necessary purchase documents. Only a fully executed Purchase <br />Agreement shall constitute a binding agreement of the purchase of the Property. If <br />the foregoing terms and conditions are sufficient to allow the preparation of the <br />necessary documents, please sign in the space provided below and Buyer shall <br />prepare a Purchase Agreement for Seller to review within five business days of a <br />received signed letter of intent. <br />Agreed and Accepted: Agreed and Accepted: <br />BUYER: iz�;�z�t�,�„ �; �t,-c SELLER: <br />By: By: <br />Its: 641,I;,= 1-1A"a(,-iti�L Its: <br />Date: /Tll s— Date: <br />