No. 2169 approving execution of agreement for purchase/sale of real extate related to real property and improvements located at 1303, 1315, 1321-1323 S. Michigan St. in the Sample-Ewing development area and accepting title to said properties

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paragraph 4 above, and subject only to standard printed exceptions normally contained in Title Insurance Policies issued by the Title Company. Buyer shall pay for all charges and costs of such Title Insurance Policy. Buyer shall have the right to examine the Title Commitment and to certify to Seller within 10 days after receiving the same any defects precluding insurable fee simple title in Seller. Thereafter, Seller shall have a reasonable time (not to exceed 15 days) to correct any such defects and to deliver to Buyer any corrective material, and Buyer thereafter shall have an additional 7 days to examine such corrective materials submitted by Seller to determine whether such defect has been corrected. If Seller shall not have corrected any such defects or if the title insurance issuer shall refuse to accept such corrective material and to insure against such corrective material, Buyer shall have the option either to declare this Agreement to be null and void or to waive such defects as a basis for such rescission and to proceed with consummation of the sale notwithstanding such defects. Any defects not certified by Buyer to Seller as provided above shall be deemed waived by Buyer as a basis for rescission of this Agreement unless the same shall not have been disclosed by the title insurance comraitment. Section 7. Inspection of the Property. Buyer shall have reasonable access to the Property at all reasonable times during, normal business hours for the purpose of conducting reasonably necessary inspections or testing of the Property, including any environmental inspection or testing. Buyer shall provide Seller, or its agent, with twenty-four hours' prior telephone or written notice of such inspection and/or tests. With respect to any intrusive inspection or test (e-g. installation of test borings), Buyer must obtain Seller's prior written consent (which consent shall not be unreasonably withheld or conditioned) prior to entry on the Property by Buyer or Buyer's contractors or agents. Section 8. Possession of the Property. Seller and Buyer agree that Seller shall deliver possession of the Property to Buyer at Closing. Section 9. Risk of Loss. The risk of loss incident to ownership of the Property shall pass to Buyer at the time of delivery of possession of the Property. Section 10. Removal of Seller's Property. On or before Closing, Seller shall have removed, at no expense to Buyer, all equipment, personal property, and other items of any kind or nature from the Property. Any items remaining on the 1303, 1315, 1321 and/or 1323 South Michigan properties beyond the close of business on March 15, 2005 shall be considered abandoned and the Commission may then choose to claim it as their own property and dispose of accordingly. Section 11. Remedies Upon Default. If Buyer breaches or defaults under any of the terms of this Agreement, the rights of the party not in default shall be limited to the right to recover costs and expenses incur-red in the performance of the Agreement to the time of breach, and shall not include the right to compel specific performance of this Agreement. Section 12. Notices. All notices, elections, requests, and other communications hereunder shall be in writing and shall be deemed sufficiently given if personally delivered or when deposited in the United States mail, certified or registered postage prepaid, or when delivered to a nationally 0 4