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Agenda Packet_2022-07-19
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Agenda Packet_2022-07-19
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7/18/2022 10:59:30 AM
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City Clerk
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Agenda Packet
Agency
Clerk of the Council
Date
7/19/2022
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23. FUNDS HELD IN ESCROW <br />When the company has funds remaining in escrow over 90 days after close of escrow or estimated close of escrow, the Company shall <br />impose a monthly holding fee of S25.00 that is to be charged against the funds held by the Company. <br />THIS AGREEMENT IN ALL PARTS APPLIES TO, INURES TO THE BENEFIT OF, AND BINDS ALL PARTIES HERETO, THEIR HEIRS, <br />LEGATEES. DEVISEES, ADMINISTRATORS, EXECUTORS. SUCCESSORS AND ASSIGNS, AND WHENEVER THE CONTEXT SO <br />REQUIRES THE MASCULINE GENDER INCLUDES THE FEMININE AND NEUTER. AND THE SINGULAR NUMBER INCLUDES THE <br />PLURAL. THESE INSTRUCTIONS AND ANY OTHER AMENDMENTS MAY BE EXECUTED IN ANY NUMBER OF COUNTERPARTS, <br />EACH OF WHICH SHALL BE CONSIDERED AS AN ORIGINAL AND BE EFFECTIVE AS SUCH. <br />MY SIGNATURE HERETO CONSTITUTES INSTRUCTION TO ESCROW HOLDER OF ALL TERMS AND CONDITIONS CONTAINED <br />IN THIS AND ALL PRECEDING PAGES AND FURTHER SIGNIFIES THAT 1 HAVE READ AND UNDERSTAND THESE GENERAL <br />PROVISIONS. <br />Fidelity National Title Company conducts escrow business under a Certificate of Authority No. 305350 issued by the California <br />Department of Insurance. <br />General Provisions <br />E1000076 (DSI Rcv. 05/19/17) <br />Page 4 <br />Printed. 1 / 1 /0001 12.00 AM by J K <br />City Council 25 — 15 7/19/2022 <br />
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