1976-01 CRA - Laserfiche WebLink

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. The Redeveloper shall also deposit the Purchase Price for the Property with the Escrow Agent in accordance with the provi- sions of paragraph (e) of this Section. The Agency shall pay in escrow to the Escrow Agent, the following fees, charges and costs promptly after the Escrow Agent has notified the Agency of the amount of such fees, charges and costs, but not earlier than ten (10) days prior to the schedule.j date for close of escrow: (i) Costs necessary to place title in the condition for conveyance required by the provisions of this'Agreement; (ii) (iii) (iv) (v) . (vi) One-half of the escrow fee; Any recording fees; Notary fees; The portion of the premium for the title insurance policy to be paid by the Agency as set forth in paragraph (f) of this Section; Ad valorem taxes, if any, upon the Property or upon this Agreement, or any rights thereunder prior to conveyance of title; (vii) Any State, County or City documentary stamps; (viii) Any transfer tax. The Agency shall timely and properly execute, acknowledge and deliver a Deed in substantially the form established in paragraph (a) of this Section, conveying to the Redeveloper title to the Property in accordance with the requirements of paragraph (c) of this Section together with an estoppel certificate certify- ing that the Redeveloper has completed all acts (except deposit of the Purchase Price) necessary to entitle the Redeveloper to such conveyance, if such be the fact. . The Escrow Agent is authorized to: (i) Pay, and charge the Agency and the Redeveloper, respectively, for any fees, charges and costs payable under this Section. Before such pay- ments or charges are made, the Escrow Agent shall notify the Agency and the Redeveloper of the fees, charges and costs necessary to clear title and close the escrow; -5-