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rronman dr i ) 3 )rl @ n "yid `, ?m'. r-i'. real i1 W I" t e t 1lem: Cf 7t,lC.u? o'
<br />dw IL
<br />I '3
<br />' E- 1 rr 7: if" t i(•_ •.pr i3: ri mac. I tc7k=
<br />i )iC 1 1 e: ) ..is l ?)s [, s u r' , E NI.' V 1 i jet r?' uc' ins ura i ? c.omplie.
<br />wltr to iecuirem nt_ o f!!, pe. aura«•r o, sna no' a sbtule c: iFuarve, r),, ...m,, Rs nignt tc
<br />socr rinsurancc? f; heT- i tF L,Irt C Of IfE or A Aive r rtre o? any r gh(, of action for
<br />aat11ag of a ;I, i,rl ripe v"-9ict rri l5 C Il L) ,or Jt lilt iciliU#6 of Sully r 11 convey
<br />W' ; tC, provior title iilsuranc-: d Tc?fillrE G Ir t ll;; .AgrE.eN" ent,
<br />4 scro.n? 00 agrees 0 open an escrC?tv ai We office: oyf Firs, American Title Ir1SUrarice
<br />Compar , ; Fos! American Way, ?arrta An&. California, fttie Esc.rov,., Aeaanl? Gvittiir! five ;5i aays
<br />from and after the date or; whicri the City has approved tnis Agreement. This Agreerneni
<br />constiRIes the join escr ve instruc€io€ 5 of Die My,, and Pie Seller and a duplicate original of thi:<
<br />Agreement Hal: Lh delivered to the EscraiA Ar,M upon, the opening of the escrovv. Escrmv to
<br />dose cm or befnrF; SepterTiber •,:, 2010
<br />The Esc i ov,, Ar.M hereby is ernpower d to act under this Agreement, and upon indicating its
<br />acceptance of this, Section 4 End of the General Provisions described in Exhibit "B" attached
<br />hereto and incorpunted herein, by thi, referenr.?: in writing, delivered to the City and to the Seller
<br />within five (5) days after delmery of this Agreerneni, strays carry out its duties as Escrow Agent
<br />hereunder
<br />City" agrees to bra and tovl >I e a` is ne7ebv authorized to char,
<br />gF° I0? the l tty` the t;05t Ql any
<br />transfer taxes. recrraRg fees, con of title insurance, reconveyance fees.. docurnek preparation
<br />fees, escmv fees and any othE c€c:srrig coAs indde= to the conveyinci of said real property to
<br />City. PenahieF for rrepaymenr c,. bona fide ,)bli,,-nW ins seared by,, any existing deed of trust or
<br />mongage shall be waive, pursuant to Civil Code ='rocedureF Section '1265,240-
<br />The Willy to the Escrow Aged' ! r idu t1s 4gr eement i,; lrr titer: to pt horniance: or the, obligations
<br />imposed unor it Md r <« `,n 4 i~ewic,,, Pi, Serf.'or"i'! and Exhibit "B" of the General
<br />Provrsiun> of ?h Agrzee n-ien_.
<br />5. Progerty "axes Such rep property taxes. if any, or s 3iri' rF:a' property for the fisca' year
<br />w4hrin which said real prop i o,onnWe R Coy a a lrt:)at at the Ann: of scuff conveyance
<br />shall b deareC and '`.at i:,cs )rdanC e ,•,rtt1 fhE roV!sJ on!: t,f ectiof, 49p Bet of tti(-, Reverti.az.: and
<br />Taxation Code )'` the State Y i i i?tr 11d. . E ll',r ,E a:I r,) 'ligiibie for a retuned under Maori
<br />5094° of the Re,ve i!j _ an 3 axaiio-i ti ode: of h, -? We of Calr ornia for trial ponion of property
<br />taxers, on said real proper y for s rd fiscal year which have been paid prior to the date the deed
<br />conveying said eaj property' to ?Dty is recorded vinich if, al ocable to that portion of the fiscal year
<br />whilh bey; ns" o : WE at he deed ,,'onveyiri ;;CS re a! t),rcl: erly to r,lty' is recorded an made!
<br />unco'l ec,tioj? . u na t by u c so 0 eb or? io° to i revel e and 'I axa ioi`, Code of the Staie
<br />of Calirorrin,, Ad unp i twos on s;? id real property, to,, any and all years prior to the fiscal year
<br />Withm vuNch said conveyance € r leere shW i7e pair' by Belle" t)elore conveyance of said real
<br />property t ; Crty.
<br />6 E°a ment Of FLir tiei,, L " g c °K T) pay 1 = 501ev anc"` Sella'- agfees to accept from
<br />City a: ar,c' 10E t c; t t" urf oa e tr :? n sat rz al pf ),p rt ? ?ttJri 6, ectui;mr lent (improvements
<br />pertaining to the reah • gcrM A , ry aii_; sF tie. arcs dairtageE, thr total surT, of ONE MILLION
<br />SEy/Ek H tNDF> C , NJE N O/100 Mar; (V.7Ot? 000 Cby 5gmes to deGxmu said
<br />purci ias_; wiG i e s ow with the Escrow Acted: within TH TY W cmy from and after the We
<br />on which tti?' ?s xfi7r SoC tlh Ot.6??) ii. frd tlrie Es rave' Agen i, nerefiv authorized to
<br />pa tr Ey lt: to 5 .,?I 7 tr,r ,. r Pi aftr!-
<br />saic t .r?rc>rrE ;! r-.r
<br />r rtz ..)?:' ,e I My as rlereW;)V^: ;:)°118 tE;'r
<br />(b) AC,'t;''n
<br />ir)r
<br />.iU, r), .IIS vl
<br />c Grant Deed S;Or
<br />;lyo1Psi,- sc'?il real pr:me?rt1' tCi L.•lt1l,
<br />25E-13
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