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First American Title <br />NOTICE <br />Order Number: 0625^4445776 <br />Page Number: 0 <br />Section 12413.1, of the California Insurance Code, effective January 1, 1990, requires that any title insurance <br />company, underwritten title company, or controlled escrow company handling funds in an escrow or suh-escrow <br />capacity, wait a specified number of days after depositing funds, beCnre recording any documents in connection <br />with the transaction or disbursing funds. This statute allows for funds deposited by wire transfer to be disbursed <br />the same day as deposit, In the case of cashier's checks or certified checks, funds may he disbursed the next day <br />after deposit. In order to avoid unnecessary delays of three to seven days, or more, please use wire transfer, <br />cashier's checks, or certified checks whenever possible. <br />If you have any questions about the effect of this new law, please contact your local First American Office for <br />more details. <br />First American Title <br />FhstAmerlcan Title <br />Page 0 of 13 <br />75P-15 <br />