My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
25H - SETTLEMENTS BRISTOL ST CORRIDOR
Clerk
>
Agenda Packets / Staff Reports
>
City Council (2004 - Present)
>
2011
>
01/04/2011
>
25H - SETTLEMENTS BRISTOL ST CORRIDOR
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/3/2012 3:55:47 PM
Creation date
12/30/2010 11:19:24 AM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Item #
25H
Date
1/4/2011
Destruction Year
2016
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
28
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
EXHIBIT "B" <br />GENERAL ESCROW PROVISIONS <br />All disbursements shall be made by Escrow's check. All funds received in this escrow shall be deposited <br />in one or more of your general escrow accounts with any bank doing business in the State of California <br />and may be transferred to any other general escrow account or accounts. The expression "close of <br />escrow" means the date on which instruments referred to herein are filed for record. All adjustments are <br />to be made on the basis of a 30-day month. Recordation of any instruments delivered through this <br />escrow, if necessary or proper in the issuance of a policy of title insurance called for, is hereby authorized. <br />There shall be no prorations of any existing insurance policies in this escrow. <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 <br />attorney or attorneys involved in this transaction upon request of such lenders, brokers or attorneys. <br />Should you before or after close of escrow receive or become aware of any conflicting demands or claims <br />with respect to this escrow or the rights of any of the parties hereto, or any money or property deposited <br />herein affected hereby, you shall have the right to discontinue any or all further acts on your part until <br />such conflict is resolved to your satisfaction, and you shall have the further right to commence or defend <br />any action or proceedings for the determination of such conflict. The parties hereto jointly and severally <br />agree to pay all costs, damages, judgments and expenses, including reasonable attorney's fees, suffered <br />or incurred by you in connection with, or arising out of this escrow, including, but without limiting the <br />generality of the foregoing, a suit in interpleader brought by you. In the event you file a suit in <br />interpleader, you shall ipso facto be fully released and discharged from all obligations imposed upon you <br />in this escrow. <br />If for any reason funds are retained or remain in escrow, you are to deduct therefrom a reasonable <br />monthly charge as custodian thereof of not less than $10.00 per month. <br />Time is declared to be the essence of these instructions. If you are unable to comply within the time <br />specified herein and such additional time as is required to make an examination of the official records, <br />you will return all documents, money or property to the party entitled thereto upon satisfactory written <br />demand and authorization. Any amendment of and/or supplement to any instructions must be in writing. <br />The seller agrees to sell and the buyer agrees to buy the property herein described upon the terms <br />hereof. <br />These escrow instructions, and amendments hereto, may be executed in one or more counterparts, each <br />of which independently shall have the same effect as if it were the original, and all of which taken together <br />shall constitute one and the same instruction. <br />8 <br />25H-28
The URL can be used to link to this page
Your browser does not support the video tag.