4/26/07 - AGREEMENT FOR RECOVERY OF PAST RESPONSE COSTS. SETTLING PARTY: ESTATE OF JAMES G. BROWDER, SR. SETTLING PARTY SHALL CLOSE ON THE SITE PROPERTY WITHIN 30 DAYS AFTER THE DATE THAT SETTLING PARTY RECEIVES NOTICE THAT THE PUBLIC COMMENT PERIO DHAS ENDED AND THAT THIS AGREEMENT IS EFFECTIVE. SETTLING PARTY SHALL PAY EPA $231,000 FROM THE NET PROCEEDS FROM THE SALE OF THE SITE PROPERTY WITH 15 DAYS OF THE CLOSING SALE DATE. EPA AGREES TO RELEASE THE FEDERAL LIEN, UPON THE SETTLING PARTY'S SATISFACTION OF THE MONETARY OBLIGATIONS AS SET FORTH ABOVE.