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FROM (THU) NOV 5 2000 12:10/ST-12:02/No-6800000706 P 4 200908930 at closure and upon payment of the balance of the purchase price. Final closure shall be within sixty (60) days after the exercise of the option set forth herein; provided, however, that in the event that the notice ofthe right to exercise the option is given by the SELLERS to the QPTIONEES at any time between the dates of March 1 to August 10, inclusive, typal closure shall not be earlier than thirty (30) days after the harvest of the crops grown on the said real estate during the year offinal closure. In the event final closure is at any time after the crop has been planted and before harvest, the landlord's share of said crop or the cash rent for that year, as appropriate, shall be paid to the SELLER. The balance of the purchase price shall be due upon and full possession shall be given at final closure, subject only to the rights oftcnants in possession. The general real estate taxes for the year offinal closure shall be paid by the party who under the purchase agreement is entitled to the landlord's share of the crop or the cash rent, as appropriate, Title insurance shall be provided by the SELLERS with the premium to be paid one-half ('/2) by each party. Costs of any closing agent shall be paid one-half (y:) by each party and all other costs and expenses shall be paid at the time of closure in the manner as is customary in the area for the sale of tutwand. 9_ TRANSFERABILrrY AND IN This option and all rights hereunder shall be appurtenant to the land described herein, and shall be considered and construed as a covenant running with the above-described real estate. This agreement shall be binding upon and shall inure and extend to the benefit ofthe heirs, personal representatives, suece!sors, and assigns of the parties hereto, and shall continue in full force and elieet until abrogated or annulled by mutual agreement or until it expires as provided for in paragraph 2. IN WITNESS WBEREO , the parties have executed this agreement on the date(s) set forth hereinafter. DPTIONDR$: OPTIONEES: Kenneth L, Layher Nathan A. Rrabec Dated: November , 2009 Dated: November ~ 2009 a t L. Breeder 1Vliranda FE Brabec Dated: November, 2009 Dated: November 2009 Lyk roer Dated: November L~-; 2009 I 3