Agreement for Appraisement. The price and value of _________ is to be determined as follows: each of the parties shall select a competent appraiser, and the two appraisers shall select a third, and they shall proceed to determine the fair value of _________. Any valuation agreed upon by a majority of the appraisers shall be accepted as final by both of the parties to this agreement. The only property to be appraised is _________. The appraisement shall be made within _________ days, and both parties agree to name their respective appraisers within _________ days.