2. Deposits and Independent Consideration. Within five business days of execution of this Agreement, Purchaser shall deliver via wire transfer an amount equal to $125,000.00 (Initial Deposit), together with a fully executed copy of this Agreement, into escrow with Commonwealth Land Title Insurance Company, Attn: Michael Zotika, 2390 E. Camelback Rd., Suite 230, Phoenix, AZ 85016, Phone: 602-287-3563, Fax: 602-263-0433 (the Title Company). Failure to deliver the Initial Deposit shall be an immediate default by Purchaser under this Agreement. If Purchaser elects to deliver its Go Forward Notice (as hereinafter defined), then within two business days following the end of the Inspection Period (as hereinafter defined), Purchaser shall deliver via wire transfer an additional $125,000.00 (the Additional Deposit) (the Initial Deposit and Additional Deposit collectively are referred to hereinafter as the Deposit). If requested by Purchaser, the Deposit shall be placed in an interest bearing account and the interest earned on such account shall be added to and made part of the Deposit. If this Agreement is consummated, the Deposit shall be applied against the total Purchase Price (as hereinafter defined) to be paid by Purchaser at Closing. If this Agreement is terminated, then the Deposit, less $100 that Seller will retain as independent consideration for entering into this Agreement (Independent Consideration), shall be returned to the party indicated under the terms of this Agreement. The Deposit shall become non-refundable if Purchaser delivers its Go Forward Notice before expiration of the Inspection Period except as otherwise expressly set forth in this Agreement.