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b. Within ten (10) business days of execution of this Amendment, Buyer shall <br /> deposit an additional $2,500.00 of Earnest Money with the Title Company, <br /> and said $2,500 is immediately non-refundable. <br /> c. In the event Buyer desires to extend the Closing Date deadline an additional <br /> two months (to January 29, 2018), Buyer is required to provide written <br /> notice of the extension prior to November 15, 2017, and must deposit an <br /> additional $2,500.00 with the Title Company at the time of providing the <br /> notice of extension. The additional Earnest Money will be immediately <br /> non-refundable. No additional extensions to the Closing Date are permitted <br /> absent a written agreement executed by both parties. <br /> 7. All other terms of the Purchase Agreement remain unchanged except to the extent <br /> inconsistent with this First Amendment. <br /> The City of Ramsey, Minnesota <br /> By: Dated: , 2017 <br /> Sarah Strommen, Mayor <br /> By: Dated: , 2017 <br /> Kurtis G. Ulrich <br /> City Administrator <br /> Aeon Portfolio II, LLC <br /> By: Dated: , 2017 <br /> 2 <br />