Received of ________(1)___________, hereinafter referred to as "Buyer", the sum of _____(2)___ ($_______) as NON-REFUNDABLE DEPOSIT toward the purchase of ________(3)________ to be sold to Buyer by ________(4)_________, hereinafter referred to as "Seller", owner of said property, on or before the _(5)_ day of ______(6)________, 19_(7)_, for a total price of ($____(8)_____), this NON-REFUNDABLE DEPOSIT being a part thereof.

Buyer understands, acknowledges and agrees that if he fails to pay to Seller the remaining $___(9)___ due by the above date, said NON-REFUNDABLE DEPOSIT shall be forfeited.

Seller hereby agrees in consideration of payment of said NON-REFUNDABLE DEPOSIT to withdraw said vehicle from the market until the above date and to transfer title to said vehicle to Buyer upon receipt of the remaining amount due.

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