: (a) $1,000,00, which has been deposited in escrow with REALTOR° upon execution of this contract by Buyer as an earnest money deposit; and (b) AN ADITIONAL EARNEST MONEY DEPOSIT IN THE AMOUNT OF $44,000.00 ON THE SAME TERMS AND CONDITIONS AS (a) ABOVE, NOT LATER THAN 5•00 P. M. (AST) ON THE FIFTH (5TH)