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Date: d 911712Q22
<br />RE: Escrow No. 4437-LG
<br />terms of their instructions and close this escrow. All parties agree: to provide you with a completed'Statrement of
<br />Information' 7 daysr after receipt of said form, as required by the Title Company providing the Title Insurance policies far
<br />this transaction.
<br />33. Conflicting Instructions and Disputes; If Escrow Holder becomes aware of any conFicting demands or claims
<br />concerning this escrow, Escrve.• Ho der shall have the right to discontinue all further acts on Escro-w Holder's partuntil the
<br />conflict is resolved te+ Esc -ow Holder's satisfaction. Escrow; Holder has the right at its option to file an action in
<br />interpleader requiring the pB—ies to litigate their claims/rights, -f such an action is filed, the parties jointly and severa Iv
<br />agree (a) to pay Escrc•., Holder's cancedation charges, casts (incliding the funds held fees) and reasonable attorneyS'
<br />w fees, and (b) that EscrcHo der is fully released and discharged 'ram all further obligations under the escrow. IF an
<br />action is brought involving th s escrow and/or Escrow Holder, the party(ies) involved in the action agree to ndemniFy and
<br />hold the Escrow Holde;- na«n ess against liabilities, damages and costs incurred by Escrow Holder (incl,uding reasonable
<br />attorneys' fees and costs; e-•:ceot tc the extent that such iabilitiesr damages and costs were caused by the gross
<br />negligence or willful miscondict o= Escrow; Holder,
<br />34. Gender: In these escrow instructions, wherever the context so requires, the masculine gender includes the
<br />feminine and/or neuter and the singular number includes the plural.
<br />35. Not to give financial advice: The parts acknowledge and understand that Golden Coast Escrow, Inc_, as escrow
<br />holder, are not authorized to practice the law nor do you give financial advice. The parties are advised to seek legal and
<br />(financial counsel and advice conq-,2ming the effect of these escrow instructions. The parties acknowledge that no
<br />representations are made by you about the legal sufficiency, legal consequences, financial effects ortax consequences of
<br />the within escrow transaction.
<br />36. Disposal of documents: C3olden Coast Escrow, Inc. are authorized to destroy or otherwise dispose o` any and all
<br />documents, papers, escrow instructions, carrespandence and records or other material constituting or pertaining to his
<br />escrow at any time after five (5) years from the date of: (1) the dose of escrow (2) the date of cancellation; or (3) the date
<br />of the last activity, without liability and without further notice to the parties. If for any reason, any one party to the
<br />transaction request copies of said file in storage from Escrow Holder, there will be a minimum charge of $5(1_011 required to
<br />be deposited prier to the release of requested documentation.
<br />37. Need for Independent Legalr Financial and Tax Advice: The pa�ies acknowledge and understand that you, as
<br />Escrow "alder, are not authorized to practice law nor does an escrow; holder give financial or tag: advice. The parties are
<br />advised to seek legal, financial and tax advice concerning the effect of these escrow instructions, and the terms and
<br />conditions of the purchase and sale transaction. The parties acknaw'edge -.ha' nc rearesentations are made by Escrow
<br />Holder about the legal sufficiency, legal consequences, financial effects or ta:• consequences of the within transaction.
<br />38. Loan Payoffs
<br />When a mortgage, deed of trust or tax lien is to be paid off through escrow, Escrow Hader is authorized to pay the
<br />payoff demand received from the creditor. Seller/borrower understands that a loan payoff may include a prepayment
<br />penalty and other charges.
<br />39. PRIVACY STATEMENT
<br />EfFective date; July 1, 2013
<br />Golden Coast ES€rowr, Inc. respects the privacy and security of your non-public personal information ("Personal
<br />Information') and protecting your Personal Information is one of our top priorities. This Privacy Statement explains
<br />Golden Coast Escrowr Inc,rs privacy practices, including how we used the Personal Information we receive from you and
<br />from cthe- specified sources, and to whom it may be disclosed, Golden Coast Escrow,. Inc. may share information as
<br />descr bed herein,
<br />PERSONAL INFORMATION COLLECTED
<br />We maV collect personal information about you from the following sources;
<br />• Information -ire receive from you on applications or other forms, such as your name, address, social security number, tax
<br />dentification number, asset information, and income informations
<br />• Information we receive from you through our Internet websrtes, such as your name, address, emair address, Internet
<br />Protocol address, the website links you used to get to our websites, and your activity while :using or review ng our
<br />•.. a osites;
<br />• Information about your transaction with or services performed by us, our affiliates, or others, such as in=o7hnation
<br />concerning your policy, premiumsr payment history, information about your home or other real propertyr in`o mat on from
<br />lenders and other third parties involved in such transaction, account balances, and credit card information; and
<br />t Information we receive from consumer or other reporting agencies and publicly recorded documents.
<br />DISC L05URE OF PERSONAL INFORMATION
<br />We may provide your personal information (excluding information we receive From consume- c- other credit reporting
<br />agencies) t3 various individuals and companies, as permiitlted by law, without obtain ng your o or authorization. Such
<br />laws do not allow consumers to restrict these disclosures. Disclosures may include, w-tncu, i-n tat on, the Folbwing:
<br />Selleq:8) Initials sn�/
<br />Page B
<br />Buyer(s) Initials
<br />City Council 16 — 20 12/6/2022
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