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HomeMy WebLinkAboutDeeds & Easements_20-1963E �, SCROW INSTRUCTI NS (REAL ESTATE TRANSACTION) MEMO PAID OUTSIDE OF ESCROW CASH THROUGH ESCROW �® rso UNPAID BALANCE OF WATIpNAL '-VYtTT tASSOCIATION ENCUMBRANCES OF RECOR^ Escrow No Branch NEW ENCUMBRANr— Escrow Officer RM1IAari4 , Calif TOTAL CONSIDERATION , �� / iq,?�v.ygmr y 7t I9 In consideration of your acting as escrow holder herein, it is agreed that you shall in no case or event be liable for forgeries or false personations in connection with these instructions, instruments of record, or those handled in this escrow It is further agreed that if any controversy arises between the parties hereto or with any third person, you shall not be required to determine the same or take any action in the premises, but you may await the settlement of any such controversy by final appropriate legal proceedings or otherwise as you may require notwithstanding anything in the following instructions to the contrary and in such event you shall not be liable for interest or damage In the event of such controversy, you shall be entitled to reasonable compensation for all services performed by you and to costs and reasonable attorney s fees if you intervene in or are made a party to any litigation, the under signed jointly and severally agreeing to pay the same and you shall further be entitled to hold all documents and monies deposited herein pending payment thereof I win hand you 86,9ow.00 and will deliver to you any notes instruments and additional funds required from me to enable you to comply with these instructions all of which you are authorized and instructed to use and deliver provided instruments have been filed for record entitling you to procure assurance of title in the usual form of a Standard Owners I Policy of Title Insurance, issued by Title lnsura=6 & Trust Co with a liability of $ 61000.00 covering property in the County of Sia Bernardino State of carnia described as follows Bea i ; at the �Tarthwest corner of the bouthwes 1/4 of the liorth 1/2 of 6ection 9,# To-inmhip I South Iliange 3 Uest3 thence SoutherlY 563 feet;' thence Easterly 80 feet; thence Souther 275 feet, thence Westerly 350 3 thence 4ortherly 275 feet to poittt of beginning. (Legal description to he niched by the T3. ew� $ for the approval of all parties hereto,) As per map recorded in Book Page of Records of said County showing title vested in Tri CityRock-Fontana,, a partnership, subject to (1) C General and Special taxes for the fiscal year 19 19 INCLUDING ANY SPECIAL DISTRICT LEVIES, PAYMENTS COR WHICH ARE INCLUDED THEREIN AND COLLECTED THEREWITH AND PERSONAL PROPERTY TAXES, IF ANY, ASSESSED AGAINST ANY FORMER OWNER (2) Assessments and Bonds, presently of record having a present unpaid balance of none (3) Any covenants, conditions, restrictions, reservations, rights, rights of way and easements of record (4) Deed of Trust securing an indebtedness of $ 11 , as per its terms, now of record, unpaid balance of principal $ ,�Je Any difference in unpF balance as disclosed by beneficiary statement will be adjusted through escrow so thtthe total consideration remains unchanged (5) Deed of Trust on Bank of America N T & S A form, executed by securing a Note for $ nonein favor of dated during escrow with interest at per cent per annum, from payable at principal and interest due and payable in instalments of$ none OR MORE, each on the day of every month beginning and continuing until As of close of escrow the following adjustments and prorations only are required in this escrow Nil TRU 245 2 62 (REVISED) Unless otherwise provided make all prorations and adjustments on basis of 30 day month, real property taxes, and assessments or bonds on figures provided by Title Report, excluding taxes on Personal Property not being conveyed through this escrow, rents on basis of statement approved by me, principal and interest on encumbrances of record based on statements by Beneficiary or holders of notes for collection, and interest on new encumbrances by endorsements on notes Seller represents and you are to assume that the premium on any insurance polity which seller hands to you or causes to be handed to you in this escrow, or which is revealed to be in the possession of a beneficiary, has been paid in full and that such policy has not been hypothecated Forward such policies and/or endorsement forms to be attached thereto, if any, after close of escrow to the agent with a request that the insurer consent to the transfer thereof and/or the attachment of loss payable endorsement or mortgagees clause or other additions or corrections as required, and that the agent thereafter forward such policies and/or the endorsements thereto to the parties entitled thereto Seller will pay prior to delinquency all taxes on real and personal property not being sold herein, which tax is a lien on the herein described real property You are not to be concerned with same It is agreed by the parties hereto that so far as your rights and liabilities are concerned, this transaction is an escrow and not any other legal relation and you are an escrow holder only The expression "close of escrow if written in these instructions shall mean the date instruments are filed for record. It is understood that all disbursements shall be made to parties in interest, by your remittance and that remittance and instruments will be mailed to one of the parties entitled thereto, if more than one, to address given below Instruct County Recorder to mail instru- ments in the same manner ..uyer Deliver Title Policy to the undersi.ncd I will pay, on demand regardless of the consummation of this escrow, all charges incurred by you for me including your usual escrow fee and usual charges unless otherwise provided 'IF YOU ARE UNABLE TO COMPLY WITH THESE INSTRUCTIONS ON OR PRIOR TO March 7th, 196�1. YOU WILL COMPLY AS SOON THEREAFTER AS POSSIBLE UNLESS A WRITTEN DEMAND FOR RETURN OF MONEY OR INSTRUMENTS BY A PARTY TO THIS ESCROW IS RECEIVED BY YOU SUBSEQUENT TO SUCH DATE AND PRIOR TO THE RECORDING OF ANY INSTRUMENT PROVIDED FOR HEREIN Signature rrl 1,+3.zy uocic-&onta as a partnerB Pure Addii— Bys Addr— Telephoi+e Leroy X. Hansberber, Telephor slenn Whitlock, P ar t) Box On, Redlands, Caiiiornia THE FOREGOING INSTRUCTIONS AND CONDITIONS ARE HEREBY APPROVED AND ACCEPTED IN THEIR EN TIRETY AND CONCURRED IN BY ME I will supply you with funds, notes and instruments required from me to enable you to comply with these instructio�i �hi s, whi� y`ou are authorized to use and deliver provided yqu hold for my account any instruments accruing to me and the sum of $ S oU When property being conveyed is held in joint tenancy any cash derived therefrom in this escrow shall be joint tenancy funds Order search of title at once Deduct all my expenses from funds accruing to me I will pay, on demand, regardless of the con summation of this escrow, all charges incurred by you for me (except those other party has agreed to pay), including title charge, fee for preparing instruments i execute, your usual escrow fee and usual charges, unless otherwise provided Internal Revenue Stamps are to he affixed to Deed I execute in the amount of$ 6.60 Make following disposition of proceeds due me 1. Credit Corn I account of yoi"r R ran[h Sav 2 Mail Check to me at CITY OF F BDJA.NAS, a Amicipal corporation, By Signature : • _ —SignaturLe or J Addre- City Managers Addr— - RedlandS, Ualifornia Telephon P Teleph-n P Hank of Amr xr NATIONAL SAVINGS ASSOCIATION Redlands Branch Date June 27th 1963 Statement of ESCROW STATEMENT City of Redlands, a Hunicipal corporation Escrow No 630-21287 Ovrith Tri-City lock-Fontana, a partnership) ITEMS I DEBITS CREDITS Consideration Sale-----_--------- ------------------- ------ ----- ----- _.... .... .... .. ...... .--- --...--------------------------------.._ Loam...._........•----------------------------------------------------------------------------..._._._....------------.------- Outsideof Escrow.......................... ---- - - -..._.. - _....-...__........------------------------- Purchase Money Trust Deed-----------------------------------------------------------------------------.-----___------------------ Balance of Mortgagee or Trust Deed of Record-..-_..---.---__.................___............._----_.-.-_--- ...-...11..1.1 .-...---------------------------_.......------------------•-----------------------------------------------------•--------------------------------------- InterestAdjustment-------------------------.....................................—.......................................................... .................................................................--------------------------------._--------------------------------. -...--------------..._... 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EscrowFee------------------------------- .........................................._---•-------------------------------_.---- 1 2 4 ,8 - Completing Forms....................deed........----------------------- F ---------------------------------------------1111._..-..---------- i 2 � 0 -------------------------------------------------------------------------------............._._...._._......._........---------...---------------------...----••-•- NotaryFees-------------------•-----------------------------------.-_---..-_---_---------_----_-1111_--...........----•------------------------------ i I� RealEstate Loan Fees. .... ........._ ._.-•----------------------------------------------------------------------------------.------_---------- ---------------------------------------------------------------------------------..-.-..-_..._._...._._...._....._.-- -- -------------------------------•---------- ----------------------------------------------............-.--.........................---------•-----------------------------------------------------------------------------------� ......................_. ...........-.....-------------------....._._...-...----------------------------._..-1111----------------—-------------- ----------- --- - Check to Balance.........payab.1 e----to...your...order...------------------—--------------- --- - � - TOTALS � ^ C .S : � �,v v ►� .� v � THIS FORM SHOULD BE RETAINED FOR INCOME TAX PURPOSES TRV 902 70-62 M" ESCROW RECEIPT ani.7�laR�7�rfaAmrrirtt�7 XATIONAL SAI�ITNGg ASSOCIATION w Branch T t3 r60, a nc's, a Hun-ci 1 corporation Date J... 27th 1 3 City Hall,Rcd 1 11 59 Csalim'orniEscrow No 630-21287 Attention. R. V, Merritt, Jr.., Dear Assistant City Hanagor. "4 idermtt. Inclose ( ) Escrow Statement ( ) Cashier's Check # &3 —1-9926 payable to your order for $ r-,1 G.0� ( ) Policy of Title Insurance No for $ dated 19 issued by ( ) Note for $ dated 19__ executed by in favor of interest adjusted to 19 ( ) Insurance policies as follows Amount Company Number Expiration date a� ( ) Other Items The County Recorder's Office will mail you ( } Deed ( ) Deed of Trust ( } Very truly yours, Y If Escrow Department Receipt of the above enclosures is hereby acknowle dged Please return the signed copy of this form to the Escrow Department of this branch and retain the other copy TRU 249 1 2 6 2 I-r,% C�, � IaLANDS o qz y Of C �I ' crrr of:V1cv of t Date. nepa w cu, 63fl In payment Of �CCOUHZ G00% F0Nfl NOCT �f