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Agreement or in the Purchase Agreement, or (2) on the third business day after mailing by United <br /> States registered or certified mail, return receipt requested, postage prepaid to such address . All <br /> notices to Escrow Agent shall be addressed to the attorney signing on behalf of Escrow Agent at the <br /> following address : Milledge & Iden 3240 Corporate Way, Miramar, Florida 33025 . <br /> 7. Choice of Law and Venue. This Escrow Agreement shall be governed by and <br /> construed in accordance with the laws of the State of Florida . In the event any action, suit or <br /> proceeding is instituted as a result of any matter or thing affecting this Escrow Agreement, the parties <br /> hereto hereby designate Broward County, Florida, as the proper jurisdiction and the venue in which <br /> same is to be instituted . <br /> 8. Cumulative Rights. No right, power or remedy conferred upon Escrow Agent by <br /> this Escrow Agreement is exclusive of any other right, power or remedy, but each and every such <br /> right, power or remedy shall be cumulative and concurrent and shall be in addition to any other right, <br /> power or remedy Escrow Agent may have under the Escrow Agreement or now or hereafter existing <br /> at law, in equity or by statute, and the exercise of one right, power or remedy by Escrow Agent shall <br /> not be construed or considered as a waiver of any other right, power or remedy . <br /> 9. _Binding Agreement. This Escrow Agreement shall be binding upon the Principal(s) <br /> and Escrow Agent and their respective successors and assigns . <br /> [THE REST OF THIS PAGE LEFT INTENTIONALLY BLANK] <br /> 5 <br />