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IMPORTANT NOTICE REGARDING DEPOSIT OF FUNDS FOR CLOSING: Funds received by WIRE <br />TRANSFER are available for immediate disbursement at the close of escrow. Other forms of payment deposited <br />may cause extended delays in closing. Escrow Holder will not be responsible for any such delays due to the type <br />of deposits made. Therefore, we strongly urge any deposits made for closing funds to be in the form of a wire <br />transfer. Please contact your escrow officer for our wiring instructions, or if you have any questions regarding this <br />notice. <br />TAX EXEMPT ENTITY: All parties hereto acknowledge that the buyer is public entity and exempt from payment of <br />any real property taxes. There will be no proration of taxes through escrow. Seller will be responsible for <br />payment of any real property taxes due prior to close of escrow. In the event any real property taxes are due and <br />unpaid at the close of escrow, Escrow Holder is hereby authorized and instructed to pay such taxes from <br />proceeds due the Seller at the close of escrow. Seller understands that the Tax Collector will not accept partial <br />payment of an installment of the real property taxes due at the close of escrow. At the close of escrow, the Buyer <br />will file any necessary documentation with the County Tax Collector/Assessor for the property tax exemption. In <br />the event this escrow closes between July 1 and November 1 and current tax information is not available from <br />County Tax Collector, Escrow Holder is instructed to withhold 125% of the previous fiscal year's tax bill from <br />Seller's proceeds. At such time that the tax information is available, Escrow Holder shall make a payment to <br />County Tax Collector and return any difference to the Seller. In the event the amount withheld is not sufficient to <br />pay Seller's taxes due, the Seller herein agrees to immediately deposit any shortage to escrow holder within 48 <br />hours of notification. Any prorated refund that will be due the Seller will be refunded to the Seller by the County <br />Tax Collector/Assessor outside of escrow and Escrow Holder shall have no liability and/or responsibility in <br />connection therewith. <br />DOCUMENT EXECUTION GUIDELINE: Prior to the execution of any recordable documents, please refer to <br />our Documents Execution Guidelines attached hereto as Exhibit "A". <br />NOTICES: All notices for Escrow Holder should be forwarded to: <br />Grace Kim, Commercial Escrow Officer <br />Commonwealth Land Title Company <br />4100 Newport Place Dr., Suite 120 <br />Newport Beach, CA. 92660 <br />Direct: (949)724-3141/ eFax: (714)459-7217/ Email: oukimacltic.com <br />Thank you for choosing Commonwealth Land Title Company. We appreciate your business and look forward to <br />a successful closing. Please contact me with any questions or concerns. <br />Sincerely, <br />C3,rvx,&U Um <br />Commercial Escrow Officer <br />Escrow Acceptance Letter Printed: 0/0/0000 0:00 AM by TKO <br />COMM0010 (DSI Rev. 04/19117) Page 2 Escrow No.: 09185919-918-GKD <br />