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title at closing, with the balance of $6,500 to be paid within 30 days after the DEQ issues the • RSWA a permit to construct and operate a CDD waste disposal cell described in ¶ A. 2, above and identified as Cell 5 on Exhibit 1 attached hereto, or within 24 months after entry of the Order of the Court dismissing the Plaintiffs from the Action as settled pursuant to the terms of this Agreement, whichever occurs first. The balance of $6,500, shall be secured by a deed of trust on the property purchased by the RSWA from the Snead Plaintiffs. In the event of a default by the RSWA for nonpayment of the aforesaid balance and the failure of the RSWA to cure such default within thirty (30) days following receipt of the Snead Plaintiffs' notice to the RSWA of such default, the Snead Plaintiffs may foreclose on the subject property, resume fee simple title to it and retain the initial $10,000 payment as satisfaction in full for the obligations of the RSWA in this transaction. The closing date shall be held no later than 60 days after entry of the Order of the Court dismissing the Action as settled pursuant to the terms of this Agreement, it being is understood that time is of the essence for the completion of this transaction. Stuart M. Snead, • husband of Plaintiff Barbara Snead, is not a plaintiff in this Action, but has executed this Agreement and agrees that it shall obligate him to execute any documents necessary to convey the property and to remove any liens or other encumbrances on the property that may be necessary to consummate this property transaction. The RSWA will pay the Hiter Plaintiffs $6,339 cash or cash equivalent at closing, in exchange for conveyance of good and marketable fee simple title to the approximately 0.2552 acres of real estate east of Broad Axe Road, free and clear of all encumbrances, tenancies, liens and leases and subject only to applicable easements and restrictions of record which do not adversely affect the marketability of title at closing. The closing date shall be held no later than 60 days after entry of the Order of the Court dismissing the Action as settled pursuant to the RX