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FLORES, PHILLIP AND AVALON
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FLORES, PHILLIP AND AVALON
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9/4/2024 5:49:39 PM
Creation date
9/3/2024 3:00:41 PM
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Contracts
Company Name
FLORES, PHILLIP AND AVALON
Contract #
A-1979-071B
Agency
Community Development
Destruction Year
1995
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and PARTICIPANTS. CITY and PARTICIPANTS shall provide such <br />additional escrow instructions as shall be necessary and <br />consistent with this agreement. <br />CITY shall deposit all escrow fees, charges and <br />costs within ten (10) days of close of escrow. Such escrow <br />fees, charges and costs shall be charged to PARTICIPANT as <br />part of the debt evidenced by the promissory note and trust <br />deed in favor of CITY as provided in Section F hereinabove. <br />H. TITLE INSURANCE <br />PARTICIPANTS shall procure a California Land Title <br />Association standard coverage policy of title insurance in <br />an amount necessary to insure the interest of the Housing <br />Authority of the City of Santa Ana for the note and deed of <br />trust in the form shown in "Exhibit D" and the interest of <br />the City of Santa Ana for the note and deed of trust in the <br />form shown in "Exhibit C," showing title in the name of <br />PARTICIPANTS. The cost of said policy of title insurance <br />shall be a debt of PARTICIPANT and shall be paid in accordance <br />with paragraph's F and 6 hereinabove. <br />I. TIME IS OF THE ESSENCE <br />Time is of the essence of this agreement. <br />J. INCORPORATION <br />This agreement contains all of the agreements of <br />the parties hereto with respect to the matters contained <br />herein, and no prior agreement or understanding pertaining <br />to any such matter shall be effective for any purpose. No <br />provision of this agreement may be amended or added to <br />except by agreement in writing signed by the parties hereto. <br />-4- <br />
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