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Item 20 - Purchase of Real Property for Water Resources Pressure Regulating Vault Relocation
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05/03/2022 Special and Regular & HA
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Item 20 - Purchase of Real Property for Water Resources Pressure Regulating Vault Relocation
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4/5/2024 9:04:37 AM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
20
Date
5/3/2022
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DocuSign Envelope ID: A43F09A5-E094-424B-89B7-8241CD3BB584 <br />E1000076 (DSI Rev. 05/19/17) Page 3 <br />23. FUNDS HELD IN ESCROW <br />When the company has funds remaining in escrow over 90 days after close of escrow or estimated close of escrow, the Company shall <br />impose a monthly holding fee of $25.00 that is to be charged against the funds held by the Company. <br />THIS AGREEMENT IN ALL PARTS APPLIES TO, INURES TO THE BENEFIT OF, AND BINDS ALL PARTIES HERETO, THEIR HEIRS, <br />LEGATEES, DEVISEES, ADMINISTRATORS, EXECUTORS, SUCCESSORS AND ASSIGNS, AND WHENEVER THE CONTEXT SO <br />REQUIRES THE MASCULINE GENDER INCLUDES THE FEMININE AND NEUTER, AND THE SINGULAR NUMBER INCLUDES THE <br />PLURAL. THESE INSTRUCTIONS AND ANY OTHER AMENDMENTS MAY BE EXECUTED IN ANY NUMBER OF COUNTERPARTS, <br />EACH OF WHICH SHALL BE CONSIDERED AS AN ORIGINAL AND BE EFFECTIVE AS SUCH. <br />MY SIGNATURE HERETO CONSTITUTES INSTRUCTION TO ESCROW HOLDER OF ALL TERMS AND CONDITIONS CONTAINED <br />IN THIS AND ALL PRECEDING PAGES AND FURTHER SIGNIFIES THAT I HAVE READ AND UNDERSTAND THESE GENERAL <br />PROVISIONS. <br />Fidelity National Title Company conducts escrow business under a Certificate of Authority No. 305350 issued by the California <br />Department of Insurance. <br />General Provisions Printed: 1/1/0001 12:00 AM by JK <br />EI000076 (DSI Rev. 05/19/17) Page 4 <br />
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