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<br />, . <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />': <br /> <br />'. <br /> <br />The Redeveloper shall timely and properly execute, acknowledge <br />and deliver a Deed in substantially the form of Attachment No.5 <br /> <br />to this Agreement and in accordance with the provisions of Section <br />2(c) of thfs Agreement. <br /> <br />The Escrow Agent is authorized and directed to pay and charge <br /> <br />the Agency and the Redeveloper for any fees, charges and costs pay- <br /> <br />able under this Section 2A,disburse funds and deliver the Deed of <br /> <br />Easement to Southern California Edison Company at its offices located <br /> <br />at <br /> <br />Santa Ana <br /> <br />ra1iforn;a q~7n5 <br /> <br />13;15 Sollth GraM AvpnllP <br /> <br />and record said Deed if necessary or proper to vest title to the <br /> <br />easement and right of way in Southern California Edison Company, <br /> <br />all of which acts are to be done in accordance with the provisions <br />of Section 2 of this Agreement. <br /> <br />furids,"ff any, received pursuant to the terms of this Section <br />2A shall be deposited and otherwise disposed of in a manner consistent <br /> <br />with the terms of Section 2 of this Agreement. <br /> <br />Communiéations from <br /> <br />the Escrow Agent to the Agency and/or the Redeveloper shall likewise <br /> <br />be executed as specified in Section 2 of this Agreement. <br /> <br />If th i s <br /> <br />escrow is not in condition to close before or at the time for conveyance <br /> <br />established in Section 2 of this Agreement, any party hereto who <br /> <br />then shall have substantially performed the acts to be performed <br /> <br />before the conveyance of title may, in writing to the other party, <br /> <br />terminate this Agreement and demand of the Escrow Agent the return <br /> <br />of its monéy, papers, or documents. <br /> <br />Thereupon all obligations and <br /> <br />liabilities of the parties under this Agreement shall cease and <br /> <br />terminate. <br /> <br />If neithe~ the Agency nor the Redeveloper shall have <br /> <br />fully performed with respect to the conveyance before the time <br />established in said Section, no termination or demand for return <br /> <br />shall be recognized until 10 days after the Escrow Agent shall have <br />mailed copies of such demand to the other party or parties at the <br /> <br />address of its or their principal place or places of business. If <br /> <br />any objections are raised within the 10-day period, the Escrow Agent <br /> <br />is authorized to hold all money, papers and documents with respect <br /> <br />to the Property until instructed by mutual agreement of the parties <br /> <br />or upon failure thereof by a court of competent jurisdiction. <br /> <br />If <br /> <br />no such demands are made, the escrow shall be closed as soon as <br /> <br />possible. <br /> <br />3 <br /> <br />{!Jcl1 - 3ft <br />