Laserfiche WebLink
Date: December 19, 2001 <br />Escrow No: 427175-M"O <br />Page 2 <br />2. SUPPLEMENTAL TAX: As previously set forth herein, Escrow Holder is instructed to pro -rate taxes <br />on the latest tax bill as of the close of escrow. In view of the change of ownership of the subject <br />property which will take place on the close of this escrow, due to the passage of Chapter 498 and <br />1102, Statutes of 1983 of the State of California (commonly referred to as Senate Bill No. 813 and <br />Assembly Bill No. 399 respectively), it is to be expected that the taxing authorities will re -assess <br />the property and issue a subsequent tax bill. Seller and Buyer acknowledge their awareness of the <br />foregoing and hereby release and relieve Escrow Holder of all liability in connection herewith, and <br />Escrow Holder shall not be further concerned with the above re -assessment in any respect. <br />3. Fire Insurance Policy will be handled and paid outside of escrow. The undersigned buyer agree to <br />hold Fidelity National Title Insurance Company harmless from against any damages or liability or <br />any other expenses. <br />4. The undersigned Buyer hands you herewith Preliminary Change of Ownership Report as provided <br />for in Section 480.34 of the Revenue and Taxation Code, State of California which you are to <br />cause to be filed concurrently with the Deed in our favor. If form is rejected by the County, a <br />surcharge may be imposed by said County and is to be paid by buyer herein. <br />5. The undersigned hereby authorize and instruct Escrow Holder to charge each party to the escrow <br />for their respective Federal Express, special mail handling/courier and/or incoming/outgoing wire <br />transfer fees. Unless specified in writing by the undersigned, Escrow Holder is authorized to select <br />special mail/delivery or courier service to be used. <br />Wire services required by the parties herein or by their individual lenders will be charged at twenty <br />dollars ($20.00) per wire, incoming and outgoing. <br />Continued on following page Initials: <br />