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75C - PH - FIRST AND PACIFIC PROJECT
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05/03/2016
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75C - PH - FIRST AND PACIFIC PROJECT
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Last modified
4/28/2016 3:59:29 PM
Creation date
4/28/2016 3:52:09 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Planning & Building
Item #
75C
Date
5/3/2016
Destruction Year
2021
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b. the original of the Senior Lender Deed of Trust; <br />c. an assignment of the Senior Lender Deed of Trust duly executed by <br />the Senior Lender and in recordable form; and <br />cl. all other documents, instruments, agreements, certificates and <br />other items that evidence or secure the Senior Loan. <br />III -F. The Senior Lender and the City shall execute and deliver escrow <br />Instructions and such other documents as may be reasonably necessary <br />or appropriate in connection with such escrow and to implement the intent <br />hereof, <br />HI•G. The escrow holder shall be instructed to close the escrow within two (2) <br />business days after receipt of all such items and upon such close of <br />escrow to issue to the City a CLTA Form No, 104.1 endorsement to the <br />title policy, showing the City as Senior Lender's, assignee with respect to <br />the Senior Lender [Deed of Trust. <br />III-H, The Cfty shall pay the escrow fees (irrespective of whether the escrow <br />closes), recording fees and the premium for the CLTA Form No. 104.1 <br />endorsement, <br />Inclunroniry Housing Covariants, DedaTabon <br />CIry of $anta Aria <br />75C-140 <br />Face 26 <br />January 2015 <br />
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