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<br />Notices shall be deemed effective on the earlier of the date of receipt or the date of deposit as <br />aforesaid; provided, however, that if notice is given by deposit, that the time for response to any <br />notice by the other party shall commence to run one business. day after any such deposit. Any <br />party may change its address for the service of notice by giving 'written notice of such change to <br />the other party, in any manner above specified, 10 days prior to the effective date of such change. <br /> <br />.14. Captions. The paragraph headings or captions ,appearing in this <br />Agreement are for convenience only, are not a part of this Agreement and are not to be <br />considered in: interpreting this Agreement. <br /> <br />15. Entire Agreement Modification. This written Agreement constitutes the <br />complete agreement between the parties and supersedes any prior oral or written agreements <br />between the parties regarding the Property. There are no verbal agreements that change this <br />Agreement and no waiver of any of its terms will be effective unless in writing executed by the <br />parties. <br /> <br />16. Binding Effect. This Agreement binds and benefits the parties and their <br />successors and assigns. <br /> <br />17. Controlling Law. This Agreement has been made under the laws of the <br />State of Jv.finnesota, and such laws will control its interpretation. <br /> <br />18. Remedies. If Buyer defaults under this Agreement, Seller shall have the <br />right to terminate this Agreement by giving written notice to Buyer. If Buyer fails to cure such <br />default within 15 days of the date of such notice, this Agreement will terminate, and upon such <br />. termination Seller will retain the Earnest Money as liquidated damages, time being' of the <br />essence of this Agreement. The termination of the Agreement and retention of the Earnest <br />Money will be the sole remedy available to Seller for such default by Buyer, and Buyer Will not <br />be liable for damages or specific performance. If Seller defaults under this Agreement, this <br />provision does not preclude Buyer from seeking and recovering from Seller specific performance <br />of ' this Agreement. Buyer shall have no right to seek damages from Seller for Seller's defaults <br />hereunder. <br /> <br />[Signatures will appear on the following page] <br /> <br />;"'374- <br />