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Last modified
12/13/2022 3:04:06 PM
Creation date
12/13/2022 3:02:50 PM
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Contracts
Company Name
GARNSEY CORP
Contract #
a-2022-234
Agency
Community Development
Council Approval Date
12/6/2022
Destruction Year
0
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Golden Coast Escrow, Inc. <br />Licensed By The California Department of Financial Protection & Innc <br />Lic.#96DBO-127309 <br />Date: 11 / 17/ 2022 <br />130 Centennial Way #D <br />Tustin, CA 92780 <br />Phone:(714) 884-3282 <br />Fax:(714)384-7581 <br />lrrct_'goldencoaslesrrorp,rref <br />Escrow No.: 4437-LG <br />Escrow Officer: Lucia Guzman <br />THIS DOCUMENT WILL AFFECT YOUR LEGAL RIGHTS — READ IT CAREFULLY! <br />Licensed By The California Department of Financial Protection & Innovation, L!c.#96DBO-127309 <br />ALL CASH - SUPPLEMENTAL ESCROW INSTRUCTIONS & GENERAL PROVISIONS <br />Buyer has handed Escrow Holder an initial deposit in the arrOuntof 0.00 <br />Prior to the close of escrow, Buyer will deposit an additional amountof 765,000.00 <br />TOTAL CONSIDERATION <br />765,000.00 <br />Buyers will further hand you the balance of the down payment in the sum of $ 765,000.00 and any necessary <br />costs and charges in the form of wired funds prior to the close of escrow. <br />Prior to the expiration of the time specified in this paragraph, Buyers) and/or Seller(s) will hand you, or <br />cause to be handed to you, all funds and/or documents, required from Buyer(s) and/or Seller(s) to enable <br />you to comply with these Instructions, all of which you are authorized to use and/or deliver on <br />11/17/2022, provided that our title Insurer, , has advised you that they are in a position to Issue an Owner's <br />Policy of Title Insurance in the Issuing title company's usual form (as specified in paragraph 13.E of the <br />California Residential Purchase Agreement and Joint Escrow Instructions), with a liability of not <br />less than the total consideration of $ 765,000.00, and insuring title to Real Property described as: <br />All that certain real property situated in the County of, State of California, described as follows <br />See Attached, Exhibit'A', made a part hereof <br />SELLERITRANSFEROR STATE THAT PROPERTY ADDRESS IS: <br />841 N Garnsey St, Santa Ana, CA 92701 <br />Showing title vested in: <br />SUBJECT TO: <br />1. Current general and special taxes for the fiscal year in which this escrow closes, and taxes for the ensuing <br />year, If any, a lien not yet due and payable. <br />2. The lien of supplemental taxes, If any, assessed pursuant to Chapter 3.5 (commencing with Section 75) of <br />the California Revenue and Taxation Code, all bonds and assessments levied or assessed subsequent to <br />the date of close of escrow. (a Supplemental Tax Bill will be Issued and BUYER accepts full responsibility <br />for all additional taxes due by reason of reassessment) ANY TAX BILLS ISSUED AFTER THE CLOSE OF <br />ESCROW SHALL BE HANDLED DIRECTLY BETWEEN BUYER AND SELLER OUTSIDE OF THIS ESCROW. <br />3. Covenants, conditions, restrictions, reservations, rights, rights of way, easements and the exception or <br />reservation of water, oil, gas, minerals, carbons, hydrocarbons or kindred substances on or under said <br />land, now of record, if any, or In the Deed to file. <br />ADDITIONAL INSTRUCTIONS <br />REAL ESTATE PURCHASE CONTRACT: <br />Escrow Holder has received and acknowledged the California Association of Realtors "California Residential <br />Purchase Agreement and Joint Escrow Instructions" dated 11/17/2022 and shall act in accordance with <br />Paragraph *29 "JOINT ESCROW INSTRUCTIONS TO ESCROW HOLDER". <br />Seller(s) Initials 7t� <br />Page 1 <br />Buyer(s) Initials <br />
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