GRIMES, Judge.
The appellants (hereafter called Ginsburg) originally had a contract to purchase land from James J. Regan, as trustee, for $525,000. Subsequently, Ginsburg entered into a contract with the appellee (hereafter called Motsinger) whereby Ginsburg sold Motsinger his interest in the Regan contract. The portions of the second contract pertinent to this appeal are set forth below:
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