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GENERAL PROVISIONS <br />1. DEPOSIT OF FUNDS <br />The law dealing with the disbursement of funds requires that all funds be available for withdrawal as a matter of right by the title entity's <br />escrow and/or sub escrow account prior to disbursement of any funds. Only wire -transferred funds can be given immediate availability <br />upon deposit. Cashier's checks, teller's checks and Certified checks may be available one business day after deposit. All other funds <br />such as personal, corporate or partnership checks and drafts are subject to mandatory holding periods which may cause material <br />delays in disbursement of funds in this escrow. In order to avoid delays, all fundings should be wire transferred. Outgoing wire transfers <br />will not be authorized until confirmation of the respective incoming wire transfer or of availability of deposited checks. <br />Deposit of funds into general escrow trust account unless instructed otherwise. You may instruct Escrow Holder to deposit your funds <br />into an interest bearing account by signing and returning the "Escrow Instructions - Interest Bearing Account", which has been provided <br />to you. If you do not so instruct us, then all funds received in this escrow shall be deposited with other escrow funds in one or more <br />general escrow trust accounts, which include both non -interest bearing demand accounts and other depository accounts of Escrow <br />Holder, in any state or national bank or savings and loan association insured by the Federal Deposit Insurance Corporation (the <br />"depository institutions") and may be transferred to any other such escrow trust accounts of Escrow Holder or one of its affiliates, either <br />within or outside the State of California. A general escrow trust account is restricted and protected against claims by third parties and <br />creditors of Escrow Holder and its affiliates. <br />Receipt of benefits by Escrow Holder and affiliates. The parties to this escrow acknowledge that the maintenance of such general <br />escrow trust accounts with some depository institutions may result in Escrow Holder or its affiliates being provided with an array of bank <br />services, accommodations or other benefits by the depository institution. Some or all of these benefits may be considered interest due <br />you under California Insurance Code Section 12413.5. Escrow Holder or its affiliates also may elect to enter into other business <br />transactions with or obtain loans for investment or other purposes from the depository institution. All such services, accommodations, <br />and other benefits shall accrue to Escrow Holder or its affiliates and Escrow Holder shall have no obligation to account to the parties to <br />this escrow for the value of such services, accommodations, interest or other benefits. <br />Said funds will not earn interest unless the instructions otherwise specifically state that funds shall be deposited in an interest -bearing <br />account. All disbursements shall be made by check of Commonwealth Land Title Company. The principals to this escrow are hereby <br />notified that the funds deposited herein are insured only to the limit provided by the Federal Deposit Insurance Corporation. Any <br />instruction for bank wire will provide reasonable time or notice for Escrow Holder's compliance with such instruction. Escrow Holder's <br />sole duty and responsibility shall be to place said wire transfer instructions with its wiring bank upon confirmation of (1) satisfaction of <br />conditions precedent or (2) document recordation at close of escrow. Escrow Holder will NOT be held responsible for lost interest due <br />to wire delays caused by any bank or the Federal Reserve System, and recommends that all parties make themselves aware of <br />banking regulations with regard to placement of wires. <br />In the event there is insufficient time to place a wire upon any such confirmation or the wires have closed for the day, the parties agree <br />to provide written instructions for an alternative method of disbursement. WITHOUT AN ALTERNATIVE DISBURSEMENT <br />INSTRUCTION, FUNDS WILL BE HELD IN TRUST IN A NON -INTEREST BEARING ACCOUNT UNTIL THE NEXT OPPORTUNITY <br />FOR WIRE PLACEMENT. <br />2. PRORATIONS AND ADJUSTMENTS <br />All prorations and/or adjustments called for in this escrow are to be made on the basis of a thirty (30) day month unless otherwise <br />instructed in writing. You are to use information contained on last available tax statement, rental statement as provided by the Seller, <br />beneficiary's statement and fire insurance policy delivered into escrow for the prorations provided for herein. <br />3. SUPPLEMENTALTAXES <br />The within described property may be subject to supplemental real property taxes due to the change of ownership taking place through <br />this or a previous escrow transaction. Any supplemental real property taxes arising as a result of the transfer of the property to Buyer <br />shall be the sole responsibility of Buyer and any supplemental real property taxes arising prior to the closing date shall be the sole <br />responsibility of the Seller. TAX BILLS OR REFUNDS ISSUED AFTER CLOSE OF ESCROW SHALL BE HANDLED DIRECTLY <br />BETWEEN BUYER AND SELLER. <br />4. UTILITIES/POSSESSION <br />Transfer of utilities and possession of the premises are to be settled by the parties directly and outside escrow. <br />6. PREPARATION AND RECORDATION OF INSTRUMENTS <br />Escrow Holder is authorized to prepare, obtain, record and deliver the necessary instruments to carry out the terms and conditions of <br />this escrow and to order the policy of title insurance to be issued at close of escrow as called for in these instructions. Close of escrow <br />shall mean the date instruments are recorded. <br />6. AUTHORIZATION TO FURNISH COPIES <br />You are authorized to furnish copies of these instructions, supplements, amendments, notices of cancellation and closing statements, <br />to the Real Estate Broker(s) and Lender(s) named in this escrow. <br />7. RIGHT OF CANCELLATION <br />Any principal instructing you to cancel this escrow shall file notice of cancellation in your office in writing. You shall, within two (2) <br />working days thereafter, deliver, one copy of such notice to each of the other principals at the addresses stated in this escrow. UNLESS <br />General Provisions Printed: 010/0000 0:00 AM by TKO <br />E1000076 (DSI Rev. 05119117) Page 3 Escrow No.: 09185919-918-GKD <br />