My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
03 - AGMT - 1902-1914 N Main St - Acq from Steadfast
Clerk
>
Agenda Packets / Staff Reports
>
Successor Agency (Formerly the Community Redevelopment Agency) (1974-Present)
>
COMMUNITY REDEVLOPMENT AGENCY(1974-2012)
>
2000-2009
>
2009
>
02/02/2009
>
03 - AGMT - 1902-1914 N Main St - Acq from Steadfast
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
1/3/2012 3:33:38 PM
Creation date
6/27/2011 10:13:33 AM
Metadata
Fields
Template:
City Clerk
Doc Type
Agenda Packet
Agency
Community Development
Item #
03
Date
2/2/2009
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
20
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
~~~~~ <br />EXHIBIT "C" <br />GENERAL ESCROW PROVISIONS <br />All disbursements shall be made by Escrow's check or wire transfer. All funds received in this <br />escrow shall be deposited in one or more of your general escrow accounts with any bank doing <br />business in the State of California and may be transferred to any other general escrow account or <br />accounts. The expression "close of escrow" means the date on which instruments referred to <br />herein are filed for record. All adjustments are to be made on the basis of a 30-day month. <br />Recordation of any instruments delivered through this escrow, if necessary or proper in the <br />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 <br />any other documents deposited in this escrow to the lender or lenders, the real estate broker or <br />brokers and/or the attorney or attorneys involved in this transaction upon request of such lenders, <br />brokers or attorneys. <br />Should you before or after close of escrow receive or become aware of any conflicting demands <br />or claims with respect to this escrow or the rights of any of the parties hereto, or any money or <br />property deposited herein affected hereby, you shall have the right to discontinue any or all <br />further acts on your part until such conflict is resolved to your satisfaction, and you shall have the <br />further right to commence or defend any action or proceedings for the determination of such <br />conflict. The parties hereto jointly and severally agree to pay all costs, damages, judgments and <br />expenses, including reasonable attorney's fees, suffered or incurred by you in connection with, or <br />arising out of this escrow, including, but without limiting the generality of the foregoing, a suit in <br />interpleader brought by you. In the event you file a suit in interpleader, you shall ipso facto be <br />fully released and discharged from all obligations imposed upon you 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 <br />time specified herein and such additional time as is required to make an examination of the <br />official records, you will return all documents, money or property to the party entitled thereto <br />upon satisfactory written demand and authorization. Any amendment of and/or supplement to <br />any instructions must be in writing. The seller agrees to sell and the buyer agrees to buy said real <br />property herein described upon the terms hereof. <br />These escrow instructions, and amendments hereto, may be executed in one or more <br />counterparts, each of which independently shall have the same effect as if it were the original, <br />and all of which taken together shall constitute one and the same instruction. <br />gig, ~ ___ 3_- 20 <br />
The URL can be used to link to this page
Your browser does not support the video tag.