Following the space for the financial statement appear the words "The deed shall be delivered upon receipt of said payment at the office of........

at.............. 19. .. The blanks should be filled with the place and time at which title is to be closed. The place of closing should be agreed upon; there is no governing custom. Usually the office of the attorney representing either party, a title company or the broker's office is selected. If no time is set a reasonable time is assumed to be intended. For convenience a date and hour is ordinarily set. Unless the contract specifically provides that time is "of the essence," either party is entitled if need be to an adjournment for a reasonable time.