SECTION 4 – GENERAL FIRST LOAN REQUIREMENTS. 15-17. This Asset Purchase Agreement (the Agreement ) is made as of the 22nd day of February,.Prior to Close of Escrow, Seller shall execute, acknowledge and deliver to Escrow a grant deed in a form substantially similar to the form attached as Exhibit. In this section, you can find information and answers to the following questions: 1. What happens after appointment?