Deed - 13666 E 14th St - File 1282, 1991

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"'"` 4* FOUNDERS TITS JMPANY A subsidiary of Old Republi Insurance Group, Inc. is * * , 1190 Russell Way • Hayward, CA • 94541 • (510) 886-5200 • FAX (510) 581-9147 Property Address: 13666 E. 14TH ST. SELLER'S INSTRUCTIONS Escrow No.: HY22210—PJ SAN T FANDRO, CA Escrow Officer: Pat Jurima (71-02 ) Date: 10/21/92 14-Ra The following are handed you herewith and you are authorized to deliver or record same when you can comply with these instructions. From the amounts due seller, you are authorized to pay or deduct all charges in accordance with the Estimated Seller's Statement included herein and approved by the undersigned. GRANT DEED IN FAVOR OF CITY OF SAN LEANDRO, A MUNICIPAL CORPORATION TO BE RECORDED. The following additional terms and conditions shall apply in this escrow: ISSUE TITLE INSURANCE AS DIRECTED BY BUYERS. CANCELLATION OF TAXES IN CONNECTION WITH THE DEDICATED PROPERTY IS TO BE HANDLED OUTSIDE ESCROW BETWEEN THE BUYER AND THE COUNTY DIRECTLY. FUNDS DUE HAVE BEEN PAID DIRECTLY BY THE CITY TO THE UNDERSIGNED. As of close of escrow (est. 12/20/91) prorate and/or adjust the following: () Taxes (based on the most recent tax bill available); ( ) Assessments; ( ) Fire insurance premiums (if acceptable to buyer); () Interest on existing loan(s) and/or new loan(s); ( ) Mortgage insurance; ( ) Rents and/or deposits; () Homeowners association dues; () Credit seller and debit buyer the amount of existing loan impounds, if any; The following general provisions shall apply in this escrow: 1. Deposit of Funds. All funds received in this escrow shall be deposited with other escrow funds in a general escrow account or accounts of Title Company, with any state or national bank, and may be transferred to any other such general escrow account or accounts. All disbursements shall be made by check of Title Company. Any commitment made in writing to Title Company by any bank, trust company, insurance company, savings and loan association or other lender to deliver its check or funds into this escrow may, in the sole discretion of Title Company, be treated as the equivalent of a deposit in this escrow of the amount thereof. 2. Prorations and Adjustments. All prorations and/or adjustments called for in this escrow are to be made on the basis of a thirty (30) day month unless otherwise instructed in writing. In closing, Title Company may adjust estimated amounts and prorations and other items which may change dependent upon the recording date. In all acts relating to fire insurance, rents and rental deposits, you shall be fully protected in assuming that the information provided you by the parties to this escrow, or their agent(s), is correct and that insurance premiums have been paid. Page 1