Laserfiche WebLink
<br />EXHIBIT "8" <br /> <br />GENERAL ESCROW PROVISIONS <br /> <br />All disbursements shall be made by Escrow's check. All funds received in this escrow shall be deposited in one <br />or more of your general escrow accounts with any bank doing business in the State of California and may be <br />transferred to any other general escrow account or accounts. The expression "close of escrow" means the date <br />on which instruments referred to herein are filed for record. All adjustments are to be made on the basis of a 30- <br />day month. Recordation of any instruments delivered through this escrow, if necessary or proper in the issuance <br />of a policy of title insurance called for, is hereby authorized. <br /> <br />There shall be no prorations of any existing insurance policies in this escrow. <br /> <br />You are to furnish a copy of these instructions, amendments thereto, closing statements and/or any other <br />documents deposited in this escrow to the lender or lenders, the real estate broker or brokers and/or the attorney <br />or attorneys involved in this transaction upon request of such lenders, brokers or attorneys. <br /> <br />Should you before or after close of escrow receive or become aware of any conflicting demands or claims with <br />respect to this escrow or the rights of any of the parties hereto, or any money or property deposited herein <br />affected hereby, you shall have the right to discontinue any or all further acts on your part until such conflict is <br />resolved to your satisfaction, and you shall have the further right to commence or defend any action or <br />proceedings for the determination of such conflict. The parties hereto jointly and severally agree to pay all <br />costs, damages, judgments and expenses, including reasonable attorney's fees, suffered or incurred by you in <br />connection with, or arising out of this escrow, including, but without limiting the generality of the foregoing, a <br />suit in interpleader brought by you. In the event you file a suit in interpleader, you shall ipso facto be fully <br />released and discharged from all obligations imposed upon you in this escrow. <br /> <br />If for any reason funds are retained or remain in escrow, you are to deduct therefrom a reasonable monthly <br />charge as custodian thereof of not less than $10.00 per month. <br /> <br />Time is declared to be the essence of these instructions. If you are unable to comply within the time specified <br />herein and such additional time as is required to make an examination of the official records, you will return all <br />documents, money or property to the party entitled thereto upon satisfactory written demand and authorization. <br />Any amendment of and/or supplement to any instructions must be in writing. The Agency agrees to sell and the <br />buyer agrees to buy the property herein described upon the terms hereof. <br /> <br />These escrow instructions, and amendments hereto, may be executed in one or more counterparts, each of which <br />independently shall have the same effect as if it were the original, and all of which taken together shall <br />constitute one and the same instruction. <br /> <br />8 <br />