75A - PH - PROPERTY EXCHANGE - Laserfiche WebLink

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EXHIMT "E}° GENERAL ESCROW PROVISIONS All disbursements shall be made by.Escrow's check. All funds received in this escrow shall be deposited in one or more of your general escrow accounts with any bank doing business in the State of California and maybe transferred to any other general escrow account or accounts, The expression "close of esorow" means the date on which instruments referred to herein are filed for record. All adjustments are to be made on the basis of a 30 -day month. Recordation of any instruments delivered through this escrow, if necessary or proper in the issuance of a policy of title insurance called for, is hereby authorized. There shall be no proration of any existing insurance policies in this escrow, You are to furnish a copy of these instructions, amendments thereto, closing statements and/or any other documents deposited in this escrow to the. lender or lenders, the real estatebroker or brokers and/or the attorney or attorneys involved in this transaction upon request of such lenders, brokers or attorneys. Should you before or after close of escrow receive or become aware of any conflicting demands or claims with respect to this. escrow or the rights of any of the parties hereto; or any money or property deposited herein affectedhereby, you shall have the right to discontinue any or all further acts on your part until such conflict is resolved to your satisfaction, and you shall have the further right to commence or defend any action or proceedings .for the determination of such conflict. The parties hereto jointly and severally agree to pay all costs, damages, judgments and expenses, including reasonable attorney's fees; suffered or incurred by you in connection with, or arising out of this escrow, including, but without limiting the generality of the foregoing, a suit in interpleader brought by your, In -the event you file a suit in interpleader; you shall ipso facto be fully released and discharged from all obligations imposed upon you in this escrow. If for any reason fiends are retained or remain in escrow, you are to deduct therefrom a reasonable monthly charge as custodian thereof of not less than 910.00 per month. Time is declared to be the essence of these instructions, If youarc, unable to comply withinthe time specified herein, and suoh additional time as is required to make an examination of the official records, you will return all documents, money or property to the party entitled thereto upon satisfactory written demand and authorization, Any amendment of and/or supplement to any instructions must be in writing. The parties agree to exchange the properties herein described upon the terms hereof. These escrow instructions, and amendments hereto, may be executed in one or more counterparts, each of which independently shall have the same effect as if it were the original, and all of which taken together shall constitute one and the same instruction, 17 75A-29