I
<br />53B N Bristol
<br />Property Address: Santa Ana, CA
<br />Date: February 3, 2009
<br />27. AGENCY:
<br />A. DISCLOSURE: Buyer and Seller each acknowledge prior receipt of C.A.R. Form AD "Disclosure Regarding Real Estate Agency
<br />Relationships."
<br />B. POTENTIALLY COMPETING BUYERS AND SELLERS: Buyer and Seller each acknowledge receipt of a disclosure of the
<br />possibility cf multiply r::presentaticn by the Broi•:er rapresanting that principal. This disclosure may be part of a listing agreement,
<br />buyer-broker agreement or separate document (C.A.R. Form DA). buyer understands that Broker representing Buyer may also
<br />represent other potential buyers, who may consider, make offers on or ultimately acquire the Property. Seller understands that
<br />Broker representing Seller may also represent other sellers with competing properties of interest to this Buyer.
<br />C. CONFIRMATION: The following agency relationships are hereby confirmed far this transaction:
<br />Listing Agent Erik xanl 36o Realt (Print Firm Name) is the agent
<br />of (check one): ®the Seller exclusively; or ^ both the Buyer and Seller.
<br />Selling Agent Kent .Tor ensen sroker (Print Firm Name) (if not same
<br />as Listing Agent} is the agent of (check one): ®the Buyer exclusively; or ^ the Seller exclusively; or ^ both the Buyer and
<br />Seller. Real Estate Brokers are not parties to the Agreement between Buyer and Seller.
<br />28. JOINT ESCROW INSTRUCTIONS TO ESCROW HOLDER:
<br />A. The following paragraphs, or applicable portions thereof, of this Agreement constitute the joint escrow instructions of
<br />Buyer and Seller to Escrow Holder, which Escrow Holder is to use along with any related counter offers and addenda, and any
<br />additional mutual instructions to close the escrow: 1, 2, 4, 12, 13B, 14E, 18, 19, 24, 25B and 25E, 26, 28, 29, 32A, 33 and
<br />paragraph D of the section titled Real Estate Brokers on page 8. If a Copy of the separate compensation agreement(s) provided
<br />for in paragraph 29 or 32A, or paragraph D of the section titled Real Estate Brokers on page 8 is deposited with Escrow Holder
<br />by Broker, Escrow Holder shall accept such agreement(s) and pay out from Buyer's or Seller's funds, or both, as applicable, the
<br />Broker's compensation provided for in such agreement(s). The terms and conditions of this Agreement not set forth in the
<br />specified paragraphs are additional matters for the information of Escrow Holder, but about which Escrow Holder need not be
<br />concerned. Buyer and Seller will receive Escrow Holder's general provisions directly from Escrow Holder and will execute such
<br />provisions upon Escrow Holder's request. To the extent the general provisions are inconsistent or conflict with this Agreement,
<br />the general provisions will control as to the duties and obligations of Escrow Holder only. Buyer and Seller will execute additional
<br />instructions, documents and forms provided by Escrow Holder that are reasonably necessary to close the escrow.
<br />B. A Copy of this Agreement shall be delivered to Escrow Holder within 3 business days after Acceptance
<br />(or ^ ). Buyer and Seller authorize Escrow
<br />Holder to accept and rely on Copies and Signatures as defined in this Agreement as originals, to open escrow and for other
<br />purposes of escrow. The validity of this Agreement as between Buyer and Seller is not affected by whether or when Escrow
<br />Holder Signs this Agreement.
<br />C. Brokers are a party to the escrow for the sole purpose of compensation pursuant to paragraphs 29, 32A and paragraph D of the
<br />section titled Real Estate Brokers on page 8. Buyer and Seller irrevocably assign to Brokers compensation specified in
<br />paragraphs 29 and 32A, respectively, and irrevocably instruct Escrow Holder to disburse those funds to Brokers at Close Of
<br />Escrow or pursuant to any other mutually executed cancellation agreement. Compensation instructions can be amended or
<br />revoked only with the written consent of Brokers. Escrow Holder shall immediately notify Brokers: (i) if Buyer's initial or any
<br />additional deposit is not made pursuant to this Agreement, or is not good at time of deposit with Escrow Holder, or (ii) if Buyer
<br />and Seller instruct Escrow Holder to cancel escrow.
<br />D. A Copy of any amendment that affects any paragraph of this Agreement for which Escrow Holder is responsible shall be
<br />delivered to Escrow Holder within 2 business days after mutual execution of the amendment.
<br />29, BROKER COMPENSATION FROM BUYER: If applicable, upon Close Of Escrow, Buyer agrees to pay compensation to Broker as
<br />specified in a separate written agreement between Buyer and Broker.
<br />30. TERMS AND CONDITIONS OF OFFER:
<br />This is an offer to purchase the Property on the above terms and conditions. A!I paragraphs with spaces for initials by Buyer and
<br />Seller are incorporated in this Agreement only if initialed by all parties. If at least one but not all parties initial, a counter offer is
<br />required until agreement is reached. Seller has the right to continue to offer the Property for sale and to accept any other offer at any
<br />time prior to notification of Acceptance. Buyer has read and acknowledges receipt of a Copy of the offer and agrees to the above
<br />confirmation of agency relationships. If this offer is accepted and Buyer subsequently defaults, Buyer may be responsible for
<br />payment of Brokers' compensation. This Agreement and any supplement, addendum or modification, including any Copy, may be
<br />Signed in two or more counterparts, all of which shall constitute one and the same writing.
<br />Buyer's Initials ~(~ )
<br />Copyright ©1991-2007, CALIFORNIA ASSOCIATION OF REALTORS®, INC. Seller's Initials ( ) ( ~
<br />RPA-CA REVISED 11!07 (PAGE 7 OF 8) Reviewed by Date FWM N016PlC
<br />CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 7 OF B) nreopTUxirr
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