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Segura, Frank - 609 E 6TH ST - PURCHASE AGREEMENT (CRA) - 2010
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Segura, Frank - 609 E 6TH ST - PURCHASE AGREEMENT (CRA) - 2010
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1/3/2012 2:07:00 PM
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f <br /> t ~ <br /> i <br /> I <br /> E~IIBIT "B" <br /> ~NER~L ER~w P~D~II~ <br /> i <br /> i <br /> All disbursernents shall be made by escrow's check. A11 Funds recet~red in this escrow shall be deposited in one <br /> ar rr~are of your general escrow accounts with any bank doing business in the state of California and maybe <br /> transferred to any other general escrow account or accounts. The e~pressian "claw of escrow" means the date <br /> an which iristrurnents referred to herein are filed far record. A11 adjustments are to be made on the basis of a 0- <br /> day month. Recordation of any instruments delivered through this escrow, ifnecessary or proper in the issuance <br /> of a policy of title insurance called. for, is hereby authari~ed, 5 <br /> i <br /> 'There shall be no proratxans of any e~lsting Insurance pallcies in t111s escrow. E <br /> s <br /> You are to furnish a copy of these instructions, an~endrnents thereto, closing statements andlar any other <br /> dacu~nents deposited in this escrow to the lender or lenders, the real estate brayer or brokers andlor the attorney <br /> or attorneys involved in this transa,ctian upon request of such lenders, brokers or attorneys. <br /> should you before ar aver claw of escrow receive ar become aware of any conflicting demands Qr claims with <br /> respect to this escrow or the rights of any of the parties hereto, ar any n~aney ar property deposited herein <br /> affected hereby, you shall have the right to discontinue any or all further acts on your part until such conflict is <br /> resolved to your satisfaction, and you sha,11 have the further right to commence or defend any action or <br /> raceed1n s far the detern~inatian of such can#~ict, The artier hereto ~ ointl and severall a ee to a all <br /> p ~ p J y p y { <br /> casts, damages, ~u~dgn~ents and expenses, including reasonable attorney's fees suffered ar Incurred by you in z <br /> connection with, ar arising out of this escrow, including, but without limiting the generality of the foregoing, a <br /> suit in rote leader brow t b au. In the event ou fle a suit in rote leader ou shall i sa facto be full <br /> y y y ~ x y p y f. <br /> <br /> -released and discharged from all obligations imposed upon you in this escrow. <br /> ~f for any reason funds are retained or remain in escrow, you are to deduct therefrom a reasonable n~ianthly <br /> charge as custodian thereof of not less than 1 x,40 per month. r <br /> } <br /> Tune is declared to be the essence of these instructions. f you are unable to comply within the tune speci~"ied <br /> herein and. such additional tune as is required to make an examination of the official records, you wi11 return all <br /> documents, money ar property to the pasty entitled thereto upon sa~.sfactary written demand and authar~~atlon. <br /> Any an~endn~ient of andlar supplement to any instr~ctians iriust be in writing, The e11er agrees to se11 and the <br /> Agency agrees to buy the property herein described upon the terms hereof. <br /> These escrow instructions, and amenchnents hereta, nay be executed in one or more caunterparts~ each of which <br /> independently shall have the same effect as if it were the original, and all of which taken together shall <br /> constitute one and. the same instruction. <br /> Page $ of 11 <br /> <br />
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