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Date; i ff17f2022
<br />RE: Escrow No. 4437-LG
<br />made agrees to pay the costs. The provisions of this paragraph include, but are not limited to, requests for demand
<br />statements, requests for beneficiary Statements, requests forhomeowners' association statements orany other requests
<br />as you may deem necessary for the timely dosing of this escrow. You are to instruct the county recorder to mail recorded
<br />documents to the entitled parties at their respective addresses. You are to instruct the title company to mail the title
<br />policy(s) to the Lender(s) or Buyer(s) as approprlate,
<br />13. No Dlsdosures warrantiesi The pasties acknowledge that depending on the type (Commercial or Residential) and
<br />location (City) of real property involved in this escrow, there may be disclasure(s) as well as civil ordinance
<br />requirements) that would affect the transfer of the real property. Escrow Holder urges both parties to seek appropriate
<br />counsel from an attorney or licensed real estate broker to ascertain what disclosures, certificates and/or civil ordinances,
<br />if any, need to be complied with prior to the close of escrow, and outside of the escrow between the parties. The parties'
<br />signature upon these instructions shall be deemed evidence to the Escrow Holder that the parties have obtained
<br />independent counsel, are aware of any disclosures/civil ordinance requirements and will comply with same Outside of this
<br />escrow. Unless otherwise instructed in writing Escrow Holder has no responsibility or liability in connection with any such
<br />disclosures or requirements;
<br />14. Payment of Cost(S) Incurred Prior to close of Escrow: Buyer and Seller are aware Golden Coast Escrow, Inc, may
<br />incur certain expenses during the course of processing this escrow, which must be paid prior to the close of escrow. Such
<br />costs may include but are not limited to, credit report and appraisal Fees, demand request fees, homeowner's association
<br />document Fees, courier fees, overnight mail serviceand city building reports, if applicable Escrow Holder is authorized
<br />and instructed to release funds for payment of such costs, prior to the close of escrow, from funds deposited into escrow
<br />by Buyer, Both Buyer and Seller acknowledge and accept that said funds are not refundable, whether this escrow closes
<br />or cancels, However, at close of escrow, Escrow Holder is authorized and instructed to charge the appropriate party for
<br />coats incurred, and is released from any and all liability in connection with complying with this instruction.
<br />M Responsibilities: The parties agree that you have the responsibilities of an escrDw holder only and there are no other
<br />legal relationships established in the terms and conditions of the escrow instmaians, In connection with this escrow: (1)
<br />you shall have no duty or responsibility of notifying any of the patties to this escrow of any sale, resale, loan,
<br />exchange or other transaction involving any of the subject real property or personal property; (2) you shall have no
<br />responsibility or duty to disclose any benefit, including, but not limited to financial gain, realized by any person, firm or
<br />corporation involving any of the subject real property or personal property; and (3) you shall have no responsibility or
<br />duty to disclose any profit realized by any person, firm or corporation including, but not limited to, any real estate
<br />broker, real estate sales agent andlor a party to any other escrow, in connection therewith, although such other
<br />transaction may be handled by you in this escrow or in another escrmv transaction. If, however, you are instructed in
<br />writing by any party, Lender or other entitled person to disclose any safe, resale, loan exchange crochet transaction
<br />involving any of the subject real property or personal property or any profit realized by any person, firm or
<br />corporation to any party to this escrow, you shall do so without incurring any liability to any party. You shall not be
<br />liable for any of your acts or omission done in good faith nor for any claims, demands, losses or damages made or
<br />suffered by any party to this escrow, excepting such as may arise through or be caused by you willful neglect or gross
<br />misconduct.
<br />16. Disclosure Reportsl Escrow Holder is not to be concerned with disclosures made by the patties to each other. In the
<br />event Escrow Holder receives any disclosure reports requiring signatures or approval by a patty, Escrow Holder's only
<br />responsibility will be to forward the report to the appropriate party.
<br />17. Golden Coast Escrow, Inc. shall not be responsible for the following: (1) the sufficiency or correctness as to form,
<br />manner of execution or validity of any documents deposited in this escrow; (2) the identity, authority, or right of any
<br />person executing the same, either as to documents of record or those handled in this escrow; or (3) the failure of any
<br />party to comply with any of the provisions of any agreemenq contract or other instrument flied or deposited in this
<br />escrow or referred to in these escrow instructions. Your duties shall be limited to the safekeeping of money and
<br />documents received by you, as escrow holder, and for the disposition in compliance with the written instructions accepted
<br />by you in this escrow. You shall not be required to take any action regarding the collection, maturity, or apparent outlaw
<br />of any obligations deposited with you unless otherwise instructed in writing. You shalt not be liable For any of your acts or
<br />omissions done in good faith, nor for any claims, demands ,losses or damages made, claimed or suffered by any party to
<br />this escrow, excepting such as may arise.
<br />18. FIRPTA-Withholdingt FIRPCA-WrMHDLDING, The sale of a U.S, real property interest by a foreign person is subject to
<br />the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) income tax withholding. Persons purchasing US, real
<br />property interests from foreign persons, certain purchasers' holders, and settlement officers are required to withhold 10
<br />% of the amount realized. Withholding is intended to ensure U.S, taxation of gains realized on disposition of such
<br />interests. The Buyer shall remain the withholding holder notwithstanding any act by the Escrow Holden The Buyer must
<br />find out if Seller is a foreign person. If Seller is a foreign person and Buyer falls to withhold, the Buyer may be held liable
<br />for the tax. Seller and Buyer agree to execute and deliver to Escrow Holder any instrument, affidavit and statement or to
<br />perform any act reasonably necessary to carry out the provisions of FIRPIA and regulations promulgated thereunder.
<br />Seller herein certifies under penalty of perjury, that the information provided on said form Is eve, correct and complete.
<br />Buyer and Seller hereby agree to hold Escrow Holder harmless and indemnify Escrow Holder regarding compliance with
<br />this instruction.
<br />19. Cal FIRPTA State Tax Withholding: Notifications to Buyer and Seller Regarding California Tax Withholding on the Sale
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<br />Seller(s) Initials Buyer(s) Initials
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