"Subject to" Section in P&S Contract??

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Hello all! I'm new to the site and wholesaling! I have a couple questions about filling out P&S contract.

Anyone familiar with FreedomSoft contract templates? In the purchase and sale contract it reads:

Sale Price:                                             $_______________

Subject to: ___________________           $_______________

Equity:                                                    $_______________

Payable: ______________________

What goes in the "Subject to" blank and dollar amount? Also, what goes in the "Payable" blank??