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HomeMy WebLinkAboutDeeds & Easements_D-4 RECORDING REQUESTED BY AND WHEN RECORDED MAIL THIS DEED AND UNLESS OTIJER WISE SHOWN BELOW MAIL TAX STATEMENTS TO; NAME F— THE CITY OF REDLANDS � 95-000034 AooAEss P 0 Box 3005 arra Redlands, CA. 92373 STATE ZiA L Attn: City Manager Title Order No ag2cbae Escrow No 7994--KN SPACE ABOVE THIS LINE FOR RECORDER'S USE GRANT DEED The undersigned declares that the documentary transfer tai is 8 and Is computed on the full value of the Interest or property conveyed, or is ❑ computed on the full value less the value of hens or encumbrances remaining thereon at the time of sale The land, tenements or realty is located in ❑ unincorporated area ❑ city of and FOR A VALUABLE CONSIDERATION, receipt of which Is hereby acknowledged, MARK BUOYE AND BARBARA BUOYE, husband and wife and LARRY KLENSKE, as Trustee of the Klenske Revocable Trust, dated January 1-27-94 hereby GRANT(S) to THE CITY OF REDLANDS, A MUNICIPAL CORPORATION the following described real property in the county of San Bernardino state of California See Exhibit "A" attached hereto and made a part hereof Dated December 8, 1994 >~ Iuye a ra b o e ryvni-eliske, irusLee STATE OF CALIFORNIA COUNTY OF On this the day of _ _ _._ _ _ _ 19 before me the undersigned a Notary Public in and for said County and State,personally appeared - --- _ FOR NOTARY SEAL OR STAMP personally known to me or proved to rite on the basis of satisfactory evidence to be the person.-.--- whose name..._...—subscribed to the within instrument and acknowledged that executed the same Signature of Notary rlssebsoi', P Irrel No NIA11 rAX STAT E%IFN I'S 10 Pxlf I1 �I[(AN\ ON 101 1(A I\(. I IN] IF No 1'%lit 1 11() 11110V\ 1t %it k"I)IRF( IFI) %[1()%F Nana "n-vt I Id1U'e . l 1tv & "tate 3 95-000034 EXHIBI - EXHIBIT "A" THE EAST 2 OF THE EAST 2 OF THE SOUTHEAST 4 OF THE SOUTHWEST OF SECTION 13, TOWNSHIP 1 SOUTH, RANGE 3 WEST, SAN BERNARDINO BASE AND MERIDIAN, ACCORDING TO THE OFFICIAL PLAT THEREOF EXCEPTING THEREFROM THE WELL, PUMPING PLANT AND THE LAND UPON WHICH THE SAME ARE LOCATED, DESCRIBED AS A PARCEL OF LAND 58 FEET SQUARE IN THE SOUTHEAST CORNER OF THE ABOVE DESCRIBED LAND, BOUNDED ON THE EAST BY THE EAST LINE OF THE SOUTHWEST �4 OF SAID SECTION AND ON THE SOUTH BY THE NORTH LINE OF SAN BERNARDINO AVE ALSO EXCEPTING THEREFROM ALL STREETS, ROADS AND HIGHWAYS. r— C,ALIFCRNIA ALL-PURPOSE ACKNOWLEDGMENT No 5907 .r f�r►r.���r r.+...r'.�v.+.+r�.�rr.r:r rr rr ryv+-�s.� w�'�..a�+�GC.CG�"rry r..1,...��,Gr,�r�,�rs.r r,r� ! ! State of ! County of SV On /�Z/1;y before me, ! DATE NAME TITLE OF OFFICER E,G. JANE OCE NOTARY PU9&C ! i personally appeared ! )(AME(S)OF SIGNER{S) E ❑ personally known to me - OR - proved to me on the basis of satisfactory evidence t to be the person(s) whose name(s) Is/are subscribed to the within Instrument and ac- knowledged to me that he/she/they executed the same In his/her/their authorized capac€ty(les), and that by his/her/their j , r OFFICIAL SEAT. signature(s) on the Instrument the person(s), VALERIE L. FOSTER or the entity upon behalf of which the NOTARY PUBLIC CALIFORNIA ! SAN BERNARQINO COUNTY s person(S) acted, executed the Instrument my Commission Eyptres DEC 5, '1995 a 1 ! vv•vv v v .• v v ., r y ! WITNESS my hand and official seal i r ! ! ! iSIGNATURE OF NOTARY ! z OPTIONAL i lThough the data below is not required by law, It may prove valuable to persons relying on the document and could prevent i fraudulent reattachment of this form ! i CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ! j INDIVIDUAL. CORPORATE OFFICER TITLE OR TYPE OF DOCUMENT X TITLE(S) ! ❑ PARTNER(S) ❑ LIMITED ! ❑ GENERAL ❑ ATTORNEY IN FACT NUMBER OF PAGES 1 1 ❑ TRUSTEE(S) ! ` ❑ GUARDIAWCONSERVATOR ❑ OTHER DATE OF DOCUMENT ! ! 1 SIGNER I5 REPRESENTING- X NAME OF PERSONS)OR ENTITY(IES) SIGNER(S)OTHER THAN NAMED ABOVE � 'I r'r r'rr•r'C rir'.err'.rr'�+ssrrrr',...�.+.ri�i���.... ---- -----r�o 01993 NATIONAL NOTARY ASSOCIATION 8236 Remmet Ave„P 0 Sox 7184•Canoga Park CA 91309 7184 9 -000034 Commonwealth,t Land Title Company 0 Reliance A Rel,ance Group Holdings Company STATE OF CALIFORNIA COUNTY OF sari BEMARnINO � ss On. / )C Cem 6" /Z,/14before rne, the unde signed, a Notary Public in and for said County and State, personally appearedh _ CC personally known to me (c�pMved-to on-+n L%z fiat -factery-e�4ef;�ee) to be the person(s)whose name(s) is/mv subscribed to the within instrument and acknowledged to me that he/fey executed the same in his/he reir authorized capacity(ies), and that by his/hefA49eir signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal ,v.;. KATHLEEN DIA14E NELSON CoMm #986773 Ct f � Si�t�8£F1t1i,RD1tdQ COUPfrY .4 NOTARY PUBLIC uycormm E*resMarch 26,1997� F 95-00003 1 STATE OF CALIFORNIA }ss COUNTY OF SAN BERNARDINO I On €lFcgmBF.R 13,1994 before me, LISA LEIGH FARAGHER. personally appeared LARRY KLENSKE personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) Is/are subscribed to the within Instrument and acknowledged to me that he/she/they executed the same In his/her/their authorized capac►ty(fes),and that by hislher/their signature(s) on the instrument the person(s) or the entity upon behalf of which the person(s) acted, executed the Instrument WITNESS my hand and official seal LISA LEIGH FARAGHER V) ; COMM 11024419 r) U NOTARY PUBLIC CALIFORNIA X U ti e SAN BERNARDINO COUNTY (n My Camm Expir®s July 8,1998 (This area for official notarial seaii w a v Title of Document GRANT DEED Date of Document DECEMBER 8 1994 No of Pages Other signatures not acknowledged MARK B17OYE 3008(1?94) (Gencrat) Firs(American Title Insurance Company 4 m 9 -00003 CERTIFICATE OF ACCEPTANCE This is to certify that the interest in real property conveyed to Citv of Redlands dated December 15, 1994 from Mark Buoye and Larry Klenske to the City of Redlands, a governmental agency, is hereby accepted and the Grantee Consents to recordation thereof by its duly authorized officer Dated December 29, 1994 Gary Luebbers Ci anager, City of Redlands i Entered into Official Records, County of 1t PLEASE COMPLETE THIS INFOR�AnoN San Bernardino, Errol Mackzum, Recorder = RECORDING REQUESTED BY• r7�� � COMMONWEALTH LAND TITLE 3400086-92 bmonalth litle W AND WHEN RECORDED MAIL TO THE CITY OF REDLANDS PG TYPE FEE ST FEE ADD NM CY ADD RF PEN PR PCOR P.O. BOX 3005 REDLANDS, CA 92373 NON ST IN SVY CIT CO TRANS TAX NO FEE CHRG EXAM SPACE ABOVE FOR RECORDER'S USE ONLY GRANT DEED Title of Document X........... .. C:: ..... i•4 THIS PAGE ADDED TO PROVIDE ADEQUATE SPACE FOR RECORDING INFORMATION ($3.00 Additional Recording Fee Apples) (kev 1M4):ker (s:trocVormslpiwupp1,pg) CITY OF REDLANDS AGREEMENT FOR PURCHASE AND SALE AND ESCROW INSTRUCTIONS THIS AGREEMENT FOR PURCHASE AND SALE AND ESCROW INSTRUCTIONS ("Agreement"), dated November , 1994, ("Effective Date")is made and entered into by and between Mark Buoye and Larry Klenske,partners ("Seller"), and the City of Redlands ("Buyer") sometimes herein collectively referred to as the "Parties") MCITALS A Whereas, Seller owns 34 shares of East Pioneer Mutual water stock("Stock") and approximately 9.75 acres of real property located along San Bernardino Avenue in the City of Redlands (the"City"),San Bernardino County, Calzforrua, which is more particularly described in Exhibit "A" attached hereto and incorporated herein by this reference(the "Property"), and B Whereas, Seller agrees to sell to Buyer and Buyer agrees to buy from Seller the Property and Stock on and subject to the terms and conditions contained herein, NOW THEREFORE,m consideration of the mutual promises contained herein,the Parties hereto do hereby agree as follows ACrREF_.MFNT I. PURCHASE PRICE The purchase price for the Property and stock shall be paid at Close of Escrow and shall be in the total amount of Three Hundred Forty One Thousand Two Hundred Fifty Dollars ($341,250 00) (the "Purchase Price") 2. TITLE TO PROPERTY Seller shall,at the Close of Escrow,by grant deed convey to Buyer good and marketable fee title to the Property as evidenced by a Standard form A L T A Joint Protection Policy of Title Insurance in an amount equal to the Purchase Price of the Property issued by Commonwealth Title Company (the "Title Company") showing title vested in Buyer subject to the exceptions to title approved by Buyer pursuant to Section 3 1 below Seiler shall be responsible for the premium for the standard policy of tale insurance Any additional endorsements or policy coverage requested by Buyer shall be at Buyer's sole cost and expense 3. STOCK Seller shall, at least one (1) business day prior to the Close of Escrow, deliver to Escrow Holder the 34 shares of East Pioneer Mutual water stock along with any necessary executed documents by Seller for the conveyance of the Stock to Buyer at the CIose of Escrow 4 CONDITIONS OF PURCHASE Buyer's obligation to perform this Agreement and acquire the Property and Stock shall be subject to the satisfaction of the following conditions, which are for Buyer's benefit only In the event any of the following contingencies are not satisfied within the specified tune limit(s), Buyer may, at its sole option, either waive such conditions or terminate this Agreement 41 Aproval of T t e Promptly after execution of thus Agreement by Seller and Buyer, Escrow Holder shall deliver to Buyer a current preliminary title report("PTR")covering the Property from the Title Company Buyer shall have fifteen (15) days after receipt of the PTR to approve or disapprove the status of title to the Property as disclosed in the PTR Any disapproval of status of title shall be within the reasonable discretion of Buyer and shall be limited to monetary encumbrances and covenants, conditions, restrictions, and easements of record which adversely affect the intended use of the Property. Any exception not disapproved in writing within the fifteen (15) day period shall be deemed approved by Buyer, and shall constitute a permitted exception hereunder Any objection to a title exception shall be in writing, and Seller shall thereafter have seven(7)days within which to use reasonable efforts to cure or to provide assurance of the cure of the title defect and cause such item to be removed from the title policy to be issued at Close of Escrow The term "reasonable efforts," as used in this Paragraph 4 1, shall not include any obligation of Seller to spend any money or to file a lawsuit or maintain any legal action to correct any exceptions within the seven (7) day period Seller shall notify Buyer, in writing, of any disapproved title exceptions which Seller is unable to cause to be removed prior to or at Closing Buyer shall then,within five(5)business days thereafter,elect by giving written notice to Seller and Escrow Holder (n) to terminate this Agreement, or (u) to waive its disapproval of such exceptions, in which case such exceptions shall then be deemed to be permitted exceptions. Buyer's failure to give such notice shall be deemed an election to terminate this Agreement In the event Buyer elects to terminate this Agreement, both Parties shall be relieved from any further liabilities and/or obligations under this Agreement 4.2 Inspections Buyer or Buyer's agent shall have the right to physically inspect and perform such tests, including an environmental investigation, and to perform such zoning and economic feasibility and suitability studies (hereinafter collectively "Inspections") on the Property as Buyer deems necessary All Inspections shall be done at Buyer's sole cost and expense Upon completion of such Inspections,the Property shall be returned to its original condition Buyer shall have the right,in the exercise of its good faith discretion,to approve or disapprove of the condition of the Property as disclosed in such Inspections within thirty (30) days from the Effective Date of this Agreement. Any disapproval of the condition of the Property shall be in writing and given to MP31D1 E 2 ° Seiler within such thirty(30)day period. In the event Buyer does not disapprove the condition of the Property within the thirty(30)day period,this condition shall be deemed waived. In the event Buyer disapproves the condition of the Property within the thirty (30) day period,this Agreement shall terminate and the Parties shall be relieved from any further liabilities and/or obligations under this Agreement 5. ESCROW 5.1 Q ening• The purchase and sale of the Property shall be completed through an escrow ("Escrow") to be opened at the Redlands office of Town Center Escrow, or other escrow company mutually acceptable to the Parties (the "Escrow Holder") Within five (5) days after the mutual execution of this Agreement,Buyer or Seller shall deposit with the Escrow Holder one fully executed counterpart of this Agreement, which shall constitute the Escrow instructions along with any additional Escrow uistructions executed by the Parties pursuant to Section 4 5 of this Agreement The date of delivery to Escrow Holder of such fully executed counterpart shall be deemed the opening of escrow ("Opening of Escrow") and Escrow Holder shall notify Buyer and Seller in wnting of the Opening of Escrow date, the date set for Close of Escrow, and its acceptance of the escrow instructions 5.2 Closine Escrow shall close, if at all, on or before January 2, 1995. 53 Costs. Seller shall pay all the usual Escrow costs and charges normally paid by a seller in an escrow closing in San Bernardino County,including without limitation one-half of the Escrow fee and the premium for the title insurance policy to be delivered to Buyer Buyer shall pay one-half of the Escrow fee and such other costs and charges normally paid by a Buyer in an escrow closing in San Bernardino County 5.4 Prorations Current real property taxes,bonds and assessments shall be prorated at the date of recordation of the deed, on the basis of a thirty (30)day month. 55 additional Documents. Buyer and Seller shall execute such additional Escrow instructions as Escrow Holder may reasonably require to act as Escrow Holder,but in no event shall said additional Escrow instructions increase the rights of one party against the other party hereto or modify the terms and conditions of this Agreement 56 D&ILvery of Documents. Escrow Holder to prepare the Grant Deed and Deed of Trust, and Buyer shall deliver the Purchase Price to Escrow Holder at least one(1)business day prior to the Close of Escrow 57 Vesting. Unless otherwise agreed by the Parties in escrow,title shall vest at Close of Escrow in the name of City of Redlands, a municipal corporation M110LE 3 i f b. SELLER'S REPRESENTATIONS,WARRANTIES AND ACKNOWLEDGEMENTS Seller hereby makes the following representations,warranties, and acknowledgements and agrees that such representations, warranties and acknowledgements shall survive the Close of Escrow 61 Seller has full right, power, and authority to execute this Agreement and to convey fee supple title to the Property to Buyer as provided herein 6.2 Seller is not a foreign person under Section 1445 Internal Revenue Code and will execute a Certificate of Non-foreign status and deposit same into the Escrow prior to the Close of Escrow 63 Except as otherwise disclosed in this Agreement or disclosed in any reports to be delivered hereunder, Seller has no actual knowledge of any violations or alleged violations of any federal,state,county or other governmental or quasi governmental law, statute,ordinance,regulation or administrative or judicial order with respect to the Property. 64 This Agreement has been duly executed by Seller and constitutes the valid and binding Agreement of Seller enforceable against Seller in accordance with its terms. 7. BUYER'S REPRESENTATIONS AND WARRANTIES Buyer hereby makes the following representations,warranties, and acknowledgments and agrees that such representations, warranties and acknowledgements shall survive the Close of Escrow 71 Buyer hereby represents and warrants that the person executing this Agreement has the full authority and power to enter into this Agreement on behalf of Buyer to purchase the Property from Seller, and to take all actions required of it by the terms of this Agreement. 72 All the documents executed by Buyer which are to be delivered to Seller at the Close of Escrow will be duly authorized, executed, and delivered by Buyer and will be legal, valid, and binding obligations of Buyer enforceable against Buyer in accordance with their respective terms, and will not violate any Agreement to which Buyer is a party or to which it is subject. W1 IOLE 4 3 , a f ' 8. NOTICE Unless otherwise provided herein, any notice,tender, or delivery to be given hereunder by either party to the other may be effected by personal delivery in wnting or by registered or certified marl, postage prepaid, return receipt requested, and shall be deemed communicated upon delivery or as of mailing Mailed notices shall be addressed as set forth below, but each party may change his address by written notice in accordance with this Section. Seller- Buyer Mr Mark Buoye City of Redlands Buoye Properties P O Box 3005 23 S. Sixth Street Redlands, California 92373 Redlands, California 92373 Attention City Manager 9. GENERAL PROVISIONS 91 lnjLre Agreement This Agreement supersedes any prior oral or written agreement and contains the entire Agreement of the Parties as to the matters covered hereby No amendment of this Agreement and no other agreement, statement, or promise made by any party or to any employee,officer,or agent of any party to this Agreement shall be binding All obligations of Buyer and Seller under this Agreement and the Escrow shall be point and several 92 Time is of the Essence Time is of the essence of this Agreement and the Escrow referred to herein 93 CQJigns and Construction The captions appearing at the commencement of the paragraphs hereof are descriptive only and for convenience in reference. Should there be any conflict between any such caption and the paragraph at the head of which it appears, the paragraph shall control and govern in the construction of this Agreement This Agreement shall be construed as a whole and in accordance with its fair meaning Organization is for convenience and shall not be used in constraing meaning 94 ]3uver's Performance Close of Escrow and performance of any duty imposed on Buyer by this Agreement is conditioned on Seller's full performance of all duties imposed on Seller in this Agreement 95 Seller's Efaformance. Close of Escrow and performance of any duty imposed on Seller by this Agreement is conditioned on Buyer's full performance of all duties unposed on Buyer in this Agreement 9.6 Cop.tarts This Agreement may be executed in any number of counterparts each of which shall be deemed an original, but all of which, when taken together, shall constitute one and W i IGLE 5 the same instrument 97 Suc_ce,m2n and sighs, Each covenant and condition contained in this Agreement shall inure to the benefit of and be binding on the Parties to this Agreement,their respective heirs, personal representatives, assigns, and other successors in interest 98 Attornev's Fees If any party shall bring an action against another arising out of this Agreement,then the party in whose favor the final Judgement is entered shall be entitled to have and recover from the other party its reasonable attorney's fees and other reasonable expenses in connection with such action or proceedings,in addition to its recoverable court costs 10. HAZARDOUS SUBSTANCES Seller represents and warrants that, to the best of the Seller's knowledge there exists no "Hazardous Materials" (as such term is herein defined)nor oil wells, underground storage tanks, or pipelines in, on,under,or about the Property Seller understands and agrees that in the event Buyer incurs any loss or liability concerning Hazardous Materials and/or oil wells and/or underground storage tanks and/or pipelines whether attributable to events occurring prior to or following the effective date of the Agreement, then Buyer may look to current or prior owners of the Property, for any liability or indemnification regarding Hazardous Materials and/or oil wells and/or underground storage tanks and/or pipelines Seller shall,from and after the Effective Date of this Agreement,defend,indemnify and hold harmless Buyer, and its officers, employees, agents and representatives (collectively, the "Indemnified Parties")from and against any and all Environmental Claims,Environmental Cleanup Liability, Environmental Compliance Costs, and any other claims, actions, suits, legal or administrative orders or proceedings, demands or other liabilities resulting at any time from the physical and/or environmental conditions of the Property whether before or after the Effective Date or from the existence of any Hazardous Matenals or the release or threatened release of any Hazardous Materials of any kind whatsoever, in, on, or under the Property occurring at any time whether before or after the Effective Date, including but not limited to, all foreseeable and unforeseeable damages,fees,costs,losses and expenses,directly or indirectly arising therefrom,and including fines and penalties of any nature whatsoever, assessed, levied or asserted against any Indemnified Parties to the extent that the fines and/or penalties are the result of a violation or an alleged violation of any Environmental Law. For the purpose of thus Section,the following terms shall have the following meanings (a) "Environmental Claim" means any claim for personal injury, death and/or property damage made, asserted or prosecuted by or on behalf of any third party, including,without lirutation,any governmental entity,relating to the Property or its operations and arising or alleged to anse under any Environmental Law W HOU 6 (b) "Environmental Cleanup Liability" means any cost or expense of any nature whatsoever incurred to contain,remove,remedy,clean up,or abate any contamination or any Hazardous Materials on or under all or any part of the Property, including the ground water thereunder, including, without limitation, (i) any direct costs or expenses for investigation, study, assessment,legal representation,cost recovery by governmental agencies,or ongoing monitoring in connection therewith and(i) any cost, expense,loss or damage incurred with respect to the Property or its operation as a result of actions or measures necessary to unplement or effectuate any such containment,removal,remediation,treatment, cleanup or abatement (c) "Environmental Compliance Cost" means any cost or expense of any nature whatsoever necessary to enable the Property to comply with all applicable Environmental Laws in effect. "Environmental Compliance Cost" shall include all costs necessary to demonstrate that the Property is capable of such compliance (d) "Environmental Law" means any federal, state or local statute, ordinance, rule, regulation, order, consent decree,judgment or common-law doctrine, and provisions and conditions of permits, licenses and other operating authorizations relating to (n)pollution or protection of the environment, including natural resources, (ii) exposure of persons, including employees, to Hazardous Materials or other products,raw materials, chemicals or other substances, (iii) protection of the public health or welfare from the effects of by- products, wastes, emissions, discharges or releases of chemical substances from industrial or commercial activities, or (iv) regulation of the manufacture, use or introduction into commerce of chemical substances, including, without lumtatnon, their manufacture, formulation, labeling, distribution, transportation, handling, storage and disposal (e) "Hazardous Material"is defined to include any hazardous or toxic substance,material or waste which is or becomes regulated by any local governmental authority, the State of California or the United States Government. The term "Hazardous Material" includes, without Iimutation, any matenal or substance which is (i) petroleum or oil or gas or any direct or derivative product or by product thereof, (n) defined as a "hazardous waste," "extremely hazardous waste" or "restricted hazardous waste" under Sections 25115, 25117 or 25122 7, or listed pursuant to Section 25140, of the California Health and Safety Code, Division 20, Chapter 6 5 (Hazardous Waste Control Law), (iii) defined as a "hazardous substance" under Section 25316 of the California Health and Safety Code, Division 20, Chapter 6 8 (Carpenter-Presley-Tanner Hazardous Substance Account Act), (iv) defined as a "hazardous material," "hazardous substance" or "hazardous waste"under Sections 255010)and(k)and 25501 1 of the California Health and Safety Code,Division 20,Chapter 6 95 (Hazardous Materials Release Response Plans and inventory), (v) defined as a "hazardous substance" under Section 25281 of the California Health and Safety Code, Division 20, Chapter 6 7 (Underground Storage of Hazardous Substances), (vi) "used oil" as defined under Section 25250 1 of the California Health and Safety Code, (vi) asbestos, (viii) listed under Article 9 or defined as hazardous or extremely hazardous pursuant to WHOLE OLE 7 Article 1 of Title 22 of the California Code of Regulations, Division 4, Chapter 30, (ix) defined as waste or a hazardous substance pursuant to the Porter-Cologne Act,Section 13050 of the California Water Code, (x) designated as a "toxic pollutant" pursuant to the Federal Water Pollution Control Act, 33 U.S.C. § 1317, (xi) defined as a "hazardous waste" pursuant to the Federal Resource Conservation and Recovery Act, 42 U S C § 6901 gS=Q, (42 U S.C. § 6903), (xii) defined as a "hazardous substance" pursuant to the Comprehensive Environmental Response,Compensation and Liability Act,42 U S C § 9601 gi ag-q, (42 U S C § 9601), (xiii) defined as "Hazardous Material" pursuant to the Hazardous Materials Transportation Act, 49 U S C § 1801 t=Z; (xiv) defined as such or regulated by any "Superfand" or"Superlien" law, or any other federal, state or local law, statute,ordinance,code,rule,regulation,order or decree regulating,relating to,or imposing liability or standards of conduct concerning Hazardous Materials and/or oil wells and/or underground storage tanks and/or pipeline, as now, or at any time hereafter, in effect Notwithstanding anything to the contrary set forth herein,the releases, indemnities, and hold harmless agreements given by Seller to Buyer pursuant to this Section shall not apply to nor preclude liability of the Seller for any and all Environmental Claims, Environmental Cleanup Liability, Environmental Compliance Costs, and any other claims, actions, suits, legal or administrative orders or proceedings, demands or other liabilities resulting from the release in the past or in the future of any Hazardous Materials of any kind whatsoever,in,on or under the Property, by Seller Notwithstanding any other provision of this Agreement,Seller's release and indemnification as set forth in the provisions of this Section, as well as all provisions of this Section shall survive the closing of Escrow and any termination of this Agreement and shall continue in perpetuity 11. BROKERS AND FINDERS Buyer and Seller warrant that the execution of this Agreement was not induced or procured through any person,firm, or corporation acting as a broker or finder Seller agrees to indemnify and hold the Buyer harmless from and against any damage, liability or cost, including without limitations, reasonable attorney's fees, arising from or in connection with any claim by any other person,firm, or corporation based upon its having acted as broker or finder for or in connection with this transaction on behalf of Seller W,1oLE 8 12. TEMPORARY RIGHT-OF-ENTRY The Buyer hereby grants permission to Buoye Properties, its employees, its officers and agents to enter upon the Property for the sole purpose of farming the existing citrus grove located on the Property This temporary permission for right-of-entry is effective on the date of execution of this Agreement and expires on May 31, 1995. Buoye Properties, its officers, employees and agents shall defend, indemnify and hold the City of Redlands, its elected officials, officers, employees, and agents free and harmless from any and all loss, cost or liability(including, without limitation, liability ansing from mjury or damage to persons or property, including wrongful death and worker's compensation claims) which result from any act or omission of Buoye Properties, its officers,employees and agents in connection with the use of this Temporary Right-of-Entry and the fanning proposed to be undertaken by Buoye Properties on the Property WI TOLE 9 i IN WITNESS WHEREOF,the parties hereto executed this Agreement on the dates set forth . opposite their respective signatures hereto. SELLER, Executeds '2-0day of November, 1994, Mark uoye at �t'� � , CA 4vt�14 lalu�11J Larry Klenske BUYER- CITY OF REDLANDS dty--/- Executed flus�ta7day of November, 1994, Swen Larson, Mayor at Redlands, California ATTEST By Lome P yzerJC rk WHOLE 10 Commonwealth Land Title Company 275 West Hospitality Lane, Suite 200, P O Box 5789 San Bernardino, California 92412 (909) 888-75411983-2519 Fax (909) 885-2465 Issuing Policies of Commonwealth. Land Title Insurance Company Town Center Escrow 233 East State Street, Suite H Redlands, California Attn Kathy Four Ref 7994 Our Nt, 3400086-92 Title Officer RICHARD KNOWLTON PRELIMINARY REPORT Dated as of November 18, 1994 at 7.30 A.M In response to the above referenced application for a policy of title insurance, Commonwealth Land Title Company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said policy forms The printed Exceptions and Exclusions from the coverage ci'said Pol.cy or Pt;licies are oet furiii in Exhibit A attached. Copies of the Policy forms should be read They are available from the office which issued this report. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should he carefully considered. It is important to note that this preliminary report is not written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title land. CLTA Preliminary Report f 3400086 Page 2 SCHEDULE A The form of policy of title insurance contemplated by this report is CLTA Form and/or ALTA Form The estate or interest in the land hereinafter described or referred to covered by this report is A FEE Title to said estate or interest at the date hereof is vested in Mark Buoye and Barbara Buoye, husband and wife, as,joint tenants, as to an undivided 50% interest and Larry Klenske, as Trustee of the Klenske Revocable Trust dated January 27, 1994, as to an undivided 50% interest The land referred to in this Report is situated in the State of California, County of San Bernardino, and is described as follows. The East one-half of the East one-half of the Southeast one-quarter of the Southwest one-quarter of Section 13, Township 1 South, Range 3 West, San Bernardino Base and Meridian, according to the Official Plat thereof. Excepting therefrom the well, pumping plant and the land upon which the same are located, described as a parcel of land 58 feet square in the Southeast corner of the above described land, bounded on the East by the East line of the Southwest one- quarter of said Section and on the South by the North line of San Bernardino Avenue. Also excepting therefrom all streets, roads and highways. CLTA Preliminary Report 3400086 Page 3 SCHEDULE B At the date hereof Exceptions to coverage in addition to the printed exceptions and exclusions in said policy form would be as follows. A. General and special taxes and assessments collected with taxes for the fiscal year 1994-1995 Total. $2,697 64 First Installment• 1,348 83 Unpaid, Not Yet Delinquent Second Instalrtrnent 1,348 81 Unpaid, Not Yet DFIinquent Homeowners' Exemption $NONE Code 5000 Parcel. 168-071-02 B. The lien of supplemental taxes, if any, assessed pursuant to the provisions of Section 75, et seq of the Revenue and Taxation Code of the State of California 1 An easement for the purpose shown below and rights incidental thereto as set forth in a document Purpose- a pipeline Recorded August 3, 1912, in Book 512, Page 237, of Deeds Affects The exact location and extent of said easement is not disclosed of record. 2 A document subject to all the terms, provisions and conditions therein contained Entitled• Land Conservation Contract Dated. February 4, 1972 Executed by Martin Andersen and Elizabeth D Andersen, husband and wife and the City of Redlands, a political subdivision Recorded February 23, 1972, in Book 7865, Page 693, Official Records 3 A deed of trust to secure an indebtedness in the amount shown below- Amount. $110,000.00 Dated December 28, 1988 Trustor Mark Buoye and Barbara Buoye, husband and wife and Lawrence L Klenske and Judith Gail Klenske, husband and wife Trustee First American Title Insurance Company, a California corporation Beneficiary Hendrik Heere and Johanna Heere Prins, CLIA Preliminary Report s 3400086 Page 4 husband and wife, as,joint tenants Recorded. January 31, 1989, as Instrument No 89-034868, Official Records 4. Please advise this Company if all of the trustees referred to in the vesting are not executing the documents in this transaction. 5. This report is incomplete as to the effect of documents, proceedings, liens, decrees, or other matters which do not specifically describe said land, but which, if any do exist, may affect the title or impose liens or encumbrances thereon This Company will require statement(s) of information from buyer, seller, and/or borrower, in order to complete this report. Note No 1. The premium for a policy of title insurance, if issued, will be based on Basic Rate fn 12-05-94 CLrA Preliminary Report Commonwealth Land Title Company 275 West Hospitality Lane, Suite 100, P O Box 5789 San Bernardino, California 92412 (909) 888-75411983-2519 Fax- (909) 885-2465 Lssuing PoUcies of ® Commonwealth. Land Title Insurance Company IMPORTANT NOTICE AS OF JANUARY 1., 1990, CHAPTER 598, CALIFORNIA STATUTES OF 1989, (AB 512; INSURANCE CODE SECTION 12413 1) BECAME EF'{ECTIVE THE LAWS REQUIRETH:�, .'�I.L FUNDS SIE DEPOSITED AND AVAILABLE FOR WITHDRAWAL BY THE TITLE ENTITY'S ESCROW OR SUBESCROW ACCOUNT PRIOR TO DISBURSEMENT OF ANY FUNDS ONLY CASH OR WIRED FUNDS CAN BE GIVEN IMMEDIATE AVAILABILITY UPON DEPOSIT CASHIER'S CHECKS, TELLER'S CHECKS AND CERTIFIED CHECKS MAY BE AVAILABLE ONE BUSINESS DAY AFTER DEPOSIT ALL OTHER FUNDS SUCH AS PERSONAL, CORPORATE OR PARTNERSHIP CHECKS AND DRAFTS MAY CAUSE MATERIAL DELAYS IN DISBURSEMENT OF FUNDS ON THIS ORDER. IN ORDER TO AVOID DELAYS, ALL FUNDS SHOULD BE WIRE TRANSFERRED OUTGOING WIRE TRANSFER WILL NOT BE AUTHORIZED UNTIL CONFIRMATION OF THE RESPECTIVE INCOMING WIRE TRANSFER OR AVAILABILITY OF DEPOSITED CHECKS WILING INFORMATION FOR COMMONWEALTH LAND TITLE INSURANCE COMPANY, SAN BERNARDINO C,)UNTY, IS AS FOLLOWS 1ST INTERSTATE BANK 290 NORTH "D" STREET SAN BERNARDINO, CALIFORNIA 92401 ACCOUNT TO CREDIT COMMONWEALTH TRUST ACCOUNT ACCOUNT NO. 2061-55227 ABA OR ROUTE NO 122000218 SPECIAL INSTRUCTIONS. PLEASE BE SURE TO REFERENCE OUR ORDER NO EXHIBIT "A" LIST OF PREPRINTED POLICY EXCLUSIONS AND EXCEPTIONS CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY-I990 EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage,costs,attorneys fees or expenses which arise by reason of 1. (a)Any law,ordinance or governmental regulation(including but not limited to building and zoning laws,ordinances,or regulations)restricting regulating,prohibiting or relating to(i)the occupancy,use,or enjoyment of the land,(ii)the character,dimensions or location of any improvement now or heres Fier erected on the land,(iii)a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a par,or 0v)environmental protection,or the effect of any violation of these laws,ordinances or governmental regulations,except to the extent that a notice of the enforcement thereof or a notice of a defcc!,lien or encumbrance resulting from it violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. (b)Any governmental police power not excluded by(a)above,except to the extent that a notice of the exercise thereof or a notice of a defect,lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy 2 Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy,but riot excluding from coverage any taking which has occurred prior to Date of Policy which woule be binding on the rights of a purchaser for value without knowledge 3 Defects,liens,encumbrances.adverse claims or other matters. (a)whether or not recorded in the public records at Date of Policy,but created suffered,assumed or agreed to by the insured claimant (b) not known to the Company not recorded in the public records at Date of Policy,but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy,, (c)resulting in no loss or damage to the insured claimant, (d)attaching or created subsequent to Date of Policy or, (e)resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the insured mortgage or for the estate or interest insured by this policy. 4 Unenforceab•lity of tits lien-if the insa-td mortgage urx-ime.of the nobility or farl,qe of the insured at Date of Policy,or the inability or failure of any subsequent owner of the indebtedness,to cor,ply with the applicable doing business laws of the state in which the land is situated 5 Invalidity or unenforceability of the hen of the insured mortgage,or claim thereof,which arises out of the transaction evidenced by the insured mortgage and is based upon usury or any consumer credit protection or truth in lending law 6. Any claim,which anses out of the transaction vesting in the insured the estate or interest insured by this policy or the transaction creating the interest of the insured lender,by reason of the operation of federal bankruptcy,state insolvency or similar creditors rights laws EXCEPTIONS FROM COVERAGE(SCHEDULE 8-PART I) This policy does not insure against loss or damage(and the Company will not pay costs attorneys'fees or expenses)which anse by reason of 1 Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records Proceedings by a public agency which may rasul;in tn%es or assessments or notices of such proceedings,whether or not shown by the records of such agency or by the public records 2 Any facts rights interests or claims which are not shown by the public records but which could be ascertained by an inspection of the land or wfuch may be asserted by persons in possession thereof 3 Easements,liens or encumbrances,or claims thereof,which are not shown by the public records 4 Discrepancies conflicts in boundary lines,shortage in area encroachments or any other facts which a correct survey would disclose,and which are not shown by the public records. 5 (a)Unpatented mining claims,(b)reservations or exceptions in patents or in Acts authorizing the issuance thereof,(c)water rights,claims or title to water,whether or not the matters excepted under(a),(b)or(c)are shown by the public records. AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY(10-17-92) AND AMERICAN LAND TITLE ASSOCIATION LEASEHOLD OWNER'S POLICY(10-17-92) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage,costs,attorneys'fees or expenses which anse by reason of 1 (a)Any law,ordinance or governmental regulation(including b-it not limited to building and zoning laws,ordinances,or regulations)restricting,regulating,prohibiting or relating to(t)the occupancy use,or enjoyment of the land;(ii)the character,dimensions or location of any improvement now or hereafter erected on the land,(iii)a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a par,or(iv)environmental protection,or the effect of any violation of these laws ordinances or government&[regulations except to the extent that a notice of the enforcement thereof or a notice of a defect,lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy (b)Any governmental police power not excluded by(a)above,except to the extent that a notice of the exercise thereof or a notice of a defect,lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. 2 Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy,but not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge. 3 Defects,liens,encumbrances,adverse claims or other matters. (a)created,suffered,assumed or agreed to by the insured claimant (b) not known to the Company,not recorded in the public records at Date of Policy but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy (c)resulting in no loss or damage to the insured claimant, (d)attaching or created subsequent to Date of Policy,or (c)resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the estate or interest insured by this policy 4 Any claim which arises out of the transaction vesting in the Insured the estate or interest insured by this policy,by reason of the operation of federal bankruptcy,state insolvency,or similar creditors rights laws,that is based on (a)the transaction creating the estate or interest insured by this policy being deemed a fraudulent conveyance or fraudulent transfer:or (b)the transaction creating the estate or mterest insured by the policy being deemed a preferential transfer except where the preferential transfer results from the failure (i)to timely record the instrument of transfer,or (ii)of such recordation to impart notice to a purchaser for value or a judgment or lien creditor Pone 2210-6(9 94) (Continued on back) AMERICAN LAND TITLE ASSOCIATION LOAN POLICY WITH A.L.T.A. ENDORSEMENT FORM I COVERAGE (10-17-92) AND A.L.T.A.LEASEHOLD LOAN POLICY(10-17-92) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage costs attorneys fees or expenses which arise by reason of I. (a)Any law,ordinance or governmental regulation(including but not limited to building and zoning laws ordinances or regulations)restricting,regulating,prohibiting or relating to(i)the occupancy,use or enjoyment of the land (ii)the character dimensions or location of any improvement now or hereafter erected on the land.(iii)a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part;or(iv)environmental protection or the effect of any violation of these,laws,ordinances or governmental regulations,except to the extent that a notice of the enforcement thereof or a notice of it defect lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded lin the public records at Date of Policy (b)Any governmental police power not excluded by(a)above,except to the extent that a notice of the exercise thereof or a notice of a defect,hen or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy 2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy,but not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge 3 Defects,liens,encumbrances adverse claims or other matters- (a) created.suffered assumed or agreed to by the insured claimant (b) not known to the Ccinpany,not recorded in the public records at Date of Policy,but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy (c)resulting in no loss or damage to the insured claimant, (d)attaching or created subsequent to Date of Policy(except to the extent that this policy insures the priority of the lien of the insured mortgage over any statutory lien for servicos,llbcr crmac;-al•[sr to r„e extent insurance is afforded herein as to assessments for street improvements under construction or completed at Date of Pcl_cy]),or (e)resulting in loss or damage which would not have been sustained it the insured claimant had paid value for the insured mortgage A Unenforceability of the lien of the insured mortgage because of the inability or failure of the insured at Date of Policy,or the inability or failure of any subsequent owner of the indebtedness,to comply with the applicable doing business laws of the state in which the land is situated 5 Invalidity or unenforceability of the Iren of the insured mortgage,or claim thereof,which arises out of the transaction evidenced by the insured mortgage and is based upon usury or any consumer credit protection or truth in lending law 6 Any statutory lien for services,labor or materials(or the claim of priority of any statutory lien for services labor or materials over the hen of the insured mwgage) ansing from an improvement or work related to the land which is contracted for and commenced subsequent to Date of Policy and is not financed in whole or in part by proceeds of the indebtedness secured by the insured mortgage which at Date of Policy the insured has advanced or is obligated to advance. 7 Any claim which arises out of the transaction creating the interest of the mortgagee insured by this policy,by reason of the operation of federal bankruptcy state insolvency or similar creditors rights laws,that is based on, (a)the transaction creating the interest of the insured mortgagee being deemed a fraudulent conveyance or fraudulent transfer,or (b)the subordination of the interest of the insured mortgagee as a result of the application of the doctrine of equitable subordination,or (c)the transaction creating the interest of the insured mortgagee being deemed a preferential transfer except where the preferential transfer results from the failure (i)to timely record the instrument of transfer;or (ii)of such recordation to impart notice to a purchaser for value or a judgment or lien creditor • Inner Brackets denote coverage not contained in Leasehold Loan Policy, AMERICAN LAND TITLE ASSOCIATION RESIDENTIAL TITLE INSURANCE POLICY (6-1-87) PRINTED POLICY EXCEPTIONS AND EXCLUSIONS The Exclusions and the Exceptions of the ALTA Residential Policy Form recite that you are not insured against loss or damage,costs attorneys'fees and expenses resulting from iEacluslons I Governmental police power and the existance or violation of any law or 3 Title Risks- government regulation This includes building and zoning ordinances -that are created allowed,or agreed to by you aid r-q Iattoni%.vn=r vrc. -that are known to you,but not to us,on the Policy Date—unless they •land use appeared in the public records •improvements on the land -that result in no loss to you •land division •that first affect your title after the Policy Date—this does not limit the •environmental protection labor and material lien coverage in Item 8 of Covered Title Risks This exclusion does not apply to violations or the enforcement of these matters which appear in the public records at Policy Date. 4 Failure to pay value for your title. This exclusion does not Iimit the zoning coverage described in Items 12 5 Lack of a right and 13 of Covered Title Risks - to any land outside the area specifically described and referred to in 2 The right to take the land by condemning it,unless Item 3 of Schedule A •a notice of exercising the right appears in the public records on the or Policy Date •in streets,alleys,or waterways that touch your land - the taking happened prior to are Policy Date and is binding on you if This exclusion does not limit the access coverage in Item 5 or Covered you bought the land without knowing of the taking Title Risks. Standard Exctplions (a) Any rights,interests or claims of parties in possession of the land not shown by the public records (b) Any easements or liens not shown by the public records This does not limit the lien coverage in Item 8 of the Covered Title Risks (c) Any facts about the land which a cornet survey would disclose and which are not shown by the public records This does not limit the forced removal coverage in Item 12 of Covered Title Risks (d) Any water rights,claims or thte to water on or under the land 32216.6 THIS LAP IS FOR THE PURPOSE P h . S . 1 / 2 , S . YY l�J . 1 / 4 , S OF AO VALOREM 1AXATtOh OHL1f gAi► 9 eE t F� W la�3 E� 33 621 II I (-n--- =0 d a CD I C7 x C1. CD � D - - m-� nC Q UU N d CD cn 00 1 � ljif 11 d+11�1�eC 10k4N CENT ER ESCROW CORPORA t JON 233 F Stale Street , Suite 1{ Redlands, GA 92373 AFTN• Kathy Nelson Re Escrow No 7994-KN We, the undersigned buyer have read and do herebN approve this copy of the preliminary retort of title on the propert% t oncei nee in the above numbered escrow, an issued by Commonwealth Land Title Insurance Company , under Title Ordet No 3400085-92 W 9 Date: December 12, 1994 Buyer: City of Redlands Z Swen Larson, Mayor X ATTEST Lorrie Poyzer, Jerk jNIS MAP IS FOR 1NE PURPOSE Ph . S . 1 / 2 , S . W . 14 , Sec . 13 , T . 1 S . , R . 3 W . S . B . M . Redlands City om - 0 7 OF AD VALOREM TAXATION ONLY Tax Rate Area SAx a 5000 W v //�lfiitll,\\ o m [!7 f21.ir !11 11 f1� l 11 - Par. 2 3 84 AC Y — 12 11 AC - — l 07 02 o s ,q 9 67 AC CED 05 a4 o � 9 75 AC v• 9 69 AC 9 35 AC I I irr it Gb l 6 07 AC. I � 43 I Par t 111 4 75 Ac 3 09 AC 14 F111 31 �. 0i _ I 115 41 y —E—S0 -6 1+H R-8 !-}t�-- —'— — -- -- — — — — — " _ _ _ -- -- _ — _ _ _ _ _ _ _ -- _ — — --*H" — — 1 � 1 Important: the instrument to which this stamp is affixed is f..rr:ishad by request, as a courtesy only and no liability is assumed or Intended by reason of reliance thereon. REVISED 05/24/89 BLB Assessors flap 04!20/94 PEB Ph. S.W.1/4, Sec. 13 Book 0168 Page 07 MAY 14A0 Parcel Itop a 3$01 , P .u . 35/ 18 , 19 T.1 S., R.3 W. San Bernardino County ***PLEASE, BE ADVISED THAT YGU WILL NEED TO APPLY FOR YOUR IBX REFUND Guardian Escrow, Inc Date 02/04/94 101 East Redlands Blvd, Suite 180 Escrow No 12967-DC Redlands, CA 92373-4700 property Vacant Land (909) 793-3147 FAX(909) 798-4606 Redlands, CA 168-091-09 CITY OF REDLANDS P O. Sox 3005 Redlands, CA 92373 This is to advise you that, in accordance with your instructions, the above referenced escrow has closed. We are enclosing the following items for your information and permanent records: (X) Closing Statement dated 02/01/94 TAXES ARE YOUR RESPONSIBILITY The law does not require that tax statements or notices be mailed, but it places the responsibility for payment entirely upon the owner after the close of escrow. First installment is due and payable NOVEMBER 1 and delinquent DECEMBER 10; second installment is due and payable FEBRUARY 1 and delinquent APRIL 10. Special district assessments and bonds of record may have different delinquency dates and are also your responsibility. If you do not receive a tax bill one month prior to delinquency, a written request, including the legal description, must be made to the County Tax Collector. The Lender will advise you of your total monthly payment amount, consisting of principal and interest, and impounds if applicable. Please note the following: Any recorded documents to which you are entitled will be forwarded to you by the County Recorder. The policy of Title Insurance will be delivered upon receipt of same We thank you for the opportunity to have been of service. We look forward to working with you again in the future. Sincerely, Denise Casey Certified Senior Escrow Officer Escrow No 12967--DC Guardian Escrow, Inc Loan No 707 East Redlands Blvd, Suite 780 Redlands, CA 92373-4700 Closing Date 02/01/94 (909) 793-3747 FAX(909) 798-4606 Property Vacant Land Redlands, CA CITY OF REDLANDS P 0 Box 3005 Redlands, CA 92373 C I o s i n g S t a t e m e n t 02/01/94 Debit Credit TOTAL CONSIDERATION 980,000 00 closing funds on 02/01/91 980 650 00 closing funds on 02/02/94 4,502 67 Prorate Real Property Tares @ 4,557 20 /6 mos from 02/01/94 to 07/01/9 . 3,797 67 COSTS & CHARGES :Escrow Fee 1 ,355 00 TOTALS 985, 152 67 985, 152 67 l