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(b) Purchasers agree and shall be obligated to cooperate with <br />Sellers in securing such subdivision provided the costs of <br />securing the subdivision shall be the sole responsibility of tlj <br />Sellers. <br />(c) I£ at any time prior to October 1, 1989, Purchasers decide <br />to seek subdivision approval' at their own cost, then, Sellers <br />agree to cooperate with Purchasers in securing such subdivision <br />approval. <br />4. Mortgage Release and Costs. In the event Purchasers exercise <br />this Option and release and reconvey their interest in the Land <br />included in said Lots 1 and 2 to the Sellers, Purchasers shall <br />cooperate with Sellers, to the extent reasonably necessary, to <br />permit Sellers to secure as release of said Lots 1 and 2 from the <br />existing first mortgage in favor of Town and Country Hank - Newport. <br />.All costs incurred in connection with securing such release shall be <br />paid by the Sellers. The Purchasers shall have no obligation to <br />secure such release beyond cooperating with Sellers in Sellers' <br />efforts to secure the same, at Sellers' cost. <br />SELLERS <br />-3- <br />PURCHASERS <br />