Los Angeles, Cal.............190..

Received from...............the sum of $......... as a deposit on account of the purchase of the following described real property situate in the...............County of Los Angeles, California, namely : which property said ....................agrees to buy for the sum of $........., payable as follows :

Said deposit to be applied as part of the first cash payment if sale is completed. All payments to be made at the office of..............., in United

States Gold Coin.

This sale is made by us as agents for ..............., the owner, and subject to.........approval. If so approved, it is part of the contract of sale that the owner shall convey the premises by deed of grant free from encumbrance, except...............................................

and that the owner will furnish within........days from date an unlimited certificate of title of the Title Insurance and Trust Co., or of the Title Guarantee and Trust Co., of Los Angeles, showing the title to be in the vendor free from incumbrance, except as above excepted.

If the title shall be found defective, the owner shall have thirty days from the date of the discovery of the defect to perfect the title. If the owner shall need any part of the purchase money to extinguish existing incumbrances, then.........shall deposit.........deed and the purchaser shall deposit the purchase money with the company whose certificate is to be furnished, with authority to extinguish the liens and incumbrances, provided that by so doing, and by the delivery and recording of the deed, the title will become vested in the grantee.

Said deposit shall be held by............., as agents for both parties.

If the owner cannot convey said property as herein provided, within........

days from date, said deposit to be returned to the purchaser, and if the purchaser does not complete the purchase within ten days after notice from the owner of his ability and readiness to convey said property as herein provided, then the owner may retain said deposit as liquidated damages, and said agents shall thereupon pay said deposit, less their commissions, to the owner.

Time is made of the essence of this agreement.

...............................Agents.

We hereby agree to all the conditions herein contained.

............................Owner .........................Purchaser

Address........................... Address........................

Telephone......................... Telephone........................