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First American Title Company File No.:OSA-7376481(NP) This Company conducts the handling of escrow business pursuant to Department of Insurance, State of California, License Number CA, 2549-4, Purchase/Sale Settlement Instructions - Supplemental - California These instructions are not intended to alter, modify or change the purchase contract and/or Purchase/Sale Settlement Instructions between the parties, with any addendums/amendments thereto, for the above referenced Property except with respect to the following: Settlement Agent's general provisions are incorporated into the"Parties Acknowledge Limits of Settlement Agent Obligations and Responsibilities"and "Other Agreements of the Parties"sections of the Purchase/Sale Settlement Instructions and in the Purchase/Sale Settlement Instructions-Supplemental(California). State and Local Transfer Forms: Parties acknowledge that state law and local ordinances may require completion and submittal of certain certificates or applications, proof of compliance, disclosures or physical modifications such as to sewer laterals and to sidewalks, in connection with the transfer of ownership of the Property, referred to as "Local Transfer Obligations." Parties further acknowledge and agree that completion or submittal of these Local Transfer Obligations along with any fees due for same shall be handled outside of escrow and are not the responsibility of Settlement Agent. Parties instruct Settlement Agent to close this transaction without inquiry or concern regarding the status of any Local Transfer Obligations. If Settlement Agent agrees to forward any forms to other parties or governmental agencies, such actions will be as an accommodation only and Settlement Agent shall have no responsibility for the sufficiency or completeness of the documents, nor any responsibility for follow up or correction of any deficiencies. If any type of filing fee was paid on behalf of the Parties by Settlement Agent's check and it becomes stale-dated or is returned to Settlement Agent by the agency, the Parties instruct Settlement Agent to void its check and disburse the funds to the Buyer. Any related forms that are returned shall also be forwarded to the Buyer. County Transfer Tax: Parties are responsible for payment of any transfer tax,"mansion tax"or other similar taxes, assessments or fees to the City and/or County in which the Property lies. Settlement Agent will disburse the amount calculated by the parties at time of recording as an accommodation. In the event that the City and/or County deems any additional transfer tax, mansion tax, or other similar taxes or assessments or fees, including any penalties and interest, due at any time, Parties will work together directly with City and/or County and will pay the amount due directly to the City and/or County, outside of escrow and without involvement of Settlement Agent. Parties jointly and severally agree to and do hereby indemnify and hold harmless Settlement Agent from all suits, actions, loss,costs, claims, damages, liabilities, and expenses (including, without limitation, attorneys'fees and costs) that may arise from any such transfer tax, mansion tax, or other similar taxes or assessments or fees, including any penalties and interest. Real Property Tax: Real property taxes are prorated based on the most current available tax statement from the tax collector. Supplemental taxes may be assessed due to a change in ownership or construction completion. Adjustments due either Party based on the actual new tax bill issued after closing or a supplemental tax bill are the responsibility of the Parties. The first installment of California real property taxes is due November 1st (delinquent December 10th), and the second installment is due February 1st(delinquent April 10th). If a tax bill is not received from the County at least 30 days prior to the due date, Buyer should contact the County Tax Collector's office and request one. Notice of opportunity to Earn Interest: Unless you elect and instruct Settlement Agent to open an interest- bearing account at one of Settlement Agent's depository banks,you will not earn interest on funds deposited to escrow. If you elect to earn interest, Settlement Agent will charge you a fee of$50.00 for the establishment and maintenance of an interest-bearing account. This fee compensates Settlement Agent for any charge by the bank for opening the account, plus the additional employee time required to administer the account. It is important that you consider this cost in your decision as the cost may exceed the earnings. Contact your Settlement Agent if you want to open an interest-bearing account. c@First Arrericaii Financial Corporation.All Rights Reserved. NYSE: FAF rage 8 of 12