The URL can be used to link to this page

Home My WebLink AboutContracts & Agreements_1-2019 Y �t1F:k �.�1 F f��i � •r �� ii FirstAmerican Tit/e Insurance Company National Commercial Services 3281 E Guasti Road, Suite 440, Ontario, CA 91761 (909)510-6206 - Fax {877)461-2088 SUPPLEMENTAL ESCROW INSTRUCTIONS To: First American Title Insurance Company National 12/10/2018 Commercial Services File No: NCS-870208-ONTl (KS) Re: 302 West Colton Avenue, Redlands, CA 92374 The above referenced escrow is hereby modified in the following particulars only: BUYER CONTINGENCIES: Buyers signature hereto shall constitute approval/satisfaction and/or waiver of all contingencies. Escrow Holder is hereby authorized and instructed to proceed with the closing/recording of this transaction upon receipt of all required documentation and funds. HAZARD INSURANCE: Buyer is to satisfy himself regarding hazard insurance for the subject property outside of escrow. Escrow Holder is relieved of any and all liability regarding same ALL OTHER TERMS AND CONDITION5 OF THI5 ESCROW WILL REMAIN THE SAME. City of R d ds, a mu icipal � oration By: � aul W. Foster Mayor ATTEST: Je e Donaldson, City Clerk Page 1 of 1 ,�4 Y ,�Si F k l '-1 � � �J• \�` ��/ �� First American Tit/e Insurance Company National Commercial Services 3281 E Guasti Road, Suite 440, Ontario, CA 91761 (909)510-6206 - Fax (877)461-2088 SUPPLEMENTAL ESCROW INSTRUCTIONS To: First American Title Insurance Company National 12/10/2018 Commercial Services File No: NCS-S70208-ONT1 (KS) Re: 302 West Colton Avenue, Redlands, CA 42374 The above referenced escrow is hereby modified in the following particulars only: The undersigned acknowledge receipt of a copy of the Preliminary Report dated 1/12/17. The parties authorize and instruct Escrow Holder to correct the legal description on any and all documents previously signed and deposited in this escrow, if necessary. Buyer approves the contemplated policy form and further approves exceptions listed as Items 1-5, to appear in the policy of title insurance to be issued at the close of escrow. Those exceptions listed as Items N/A must be eliminated prior to the close of escrow. Buyer further acknowledges that First American has not examined the public records for any involuntary liens that may be of record against the undersigned Buyer(s). Buyer understands that, should there be any involuntary liens recorded against the Buyer at the time Buyer acquires title, these involuntary liens will become liens on the title to the property. ALL OTHER TERMS AND CONDITIONS OF THIS ESCROW WILL REMAIN THE SAME. City of �I�n�s, a municipal o f� o tio By: Paul W. Foster Mayor Page 1 of 1 �;1�� A 1t F-1{f�'7 K .�� ti�� FirstAmerican Tit/e Insurance Company National Commercial Services 3281 E Guasti Road, Suite 440, Ontario, CA 91761 (909)510-6206 - Fax (877)461-2088 SUPPLEMENTAL ESCROW INSTRUCTIONS To: First American Title Insurance Company National 12/21/2018 Commercial Services File No: NCS-870208-ONT1 (KS) Re: 302 West Colton Avenue, Redlands, CA 92374 SALES PRICE/DONATION PRICE: The Sales Price/Donation Price is $57,818.44. Accordingly the Owners Policy of Title Insurance and all costs are to be based on $57,818.44. ' ALL OTHFR TERMS AND CONDITIONS OF THIS ESCROW WILL REMAIN THE SAME. City of Redlands, a munici� c oration By�Ll�t�' Paul W. Foster , Mayor Spartan Partners, a California general partnership By: Paul Hurst General Partner I � Page 1 of 1 w N r T ' ' � 3281 E Guasti Road,5uite 440 �,*`� �.r* ��,��r,l�� Ontario,CA 91751 � �� 'itle Ins�ranae Cvmpany � . . f�ATIOtVa� COMMERCIAL 5£RVE�ES TO: FIRSTAMERIG4N TITLE COMPANY ESCRQW NO.: NCS-8702Q8-ONT1 � In order tf�at rents for the property I am conveying may be correctly prorated through escraw, I hereby state that rentals as to amounts and dates to which they are paid, are as follows: -- .. . . . .._ .. . -- .. -. �-- . . . . . Llnit Tenant Rate per rnonth Date paid Security deposit Option ta R�ght of � • te Purchase 1st � Y or N Refusal YorN � N/A � . i •�i -w - � � - UnleSs prior to date of recording I have notified you in writing of some change in tenancy, you are to assume I will callect a11 rents which fall due according to the foregoing statement priar to close of escrow, and you will prorate the rents accordingly. You will also pay the grantee the above security deposit(if any),charging my account. DATED 10/23/2018 SELLER SELLER The above rent statement is hereby approved as a basis for rent prarations throug this e ro DATED � ' ��l� dUYER � BUYER 991�9/26/2018 Page 1 of 1 �� FirstA.ra�ze.r.ican Tit1e Insurance Company .``` �� Natrox.�al Commercr'a1 Ser�ices 3281 �Guasti Road, $uite 440 •Ontario, C/a 91761 �� tf �"~ Office Phone:(909)5�0-6200 Office Fax:(877)461-2088 Buyer's Estimated Sett.le.mex�tStaterzze.�t FiEe No: NCS-870208-ON71 �scrow Officer: Kelly SimoneaulLA Estimated Settlemenfi Date: 01107/26'19 Disbursement Date: Prop�rty: 302 West Colton A�enue, Redlands, CA 92374 Buyer: City of Redlands, a municipa] corporation PO Box 3005, Redlands, CA 92373 Se[ler: Spartan Partners 122 N. Harbor Blvd., Suite 204, F�Ilerton, CA 92832 Description Buyer Charge Buyer Credit Consideration � 7otal Consideration � �� 57,818.44 �� Ad j ustm e n�s Donation of pro erty 57,818.44 Prorations �� County Taxes 01/01/19 to 011D7119 @$777.46/semi � � 25.56 TitfelEscrow Charges Closing-Escrow Fee to First American Title[nsurance Company Nafional Commercial 327.50 5ervices MiscelEaneaus Pad Refund to First American Tit[e Insurance Company National � 254.97 � � � Gommercial Services Messenger 5ervice L&S to FATCO to First American Title Insurance Com an N 43.09 Cash(X From}( To) Buyer 640.00 � Totals 58,444.00 I 58,444_00 PLEASE NOTE: A madification of rrjoney-transfer or disbursement instructions can be a red flag for Online Banking Fraud and could be a trap for the unwary. Should we knowingly receive sueF� a modification, in the interest of prudenca, we rttay consider it suspect and call a known and trusted phone number to �erify its authenticity and aecuracy. Your awareness and cooperation in taking appropriate steps to prevent fraud is greatly appreciat�d. BUY�R�S}: 5ett[ement Statement Page 1 of 2 Print Qate:0'[10412019, 10:21 AM Buyer's Estrmated Settlemerlt Statement - Settlement Date: File No: NCS-870208-ONT1 Officer: Kelly Simoneau/LA City of Redlands, a municipal corporation By C/�J Paul W. Foster Mayor Settlement Statement Page 2 of 2 Print Date: 01/04/2019, 10:21 AM