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HomeMy WebLinkAboutContracts & Agreements_70-2020/40 First American Title 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 04/06/2020 Commercial Services File No NCS-984581-ONT1 (KS) Re 31 Stuart Street Redlands, CA 92374 CONSIDERATION AND CREDITS Buyer and Seller acknowledge that no consideration or credits are to be processed through this escrow Only the costs for title and escrow are to be processed through escrow ALL OTHER TERMS AND CONDITIONS OF THIS ESCROW WILL REMAIN THE SAME Redlands Railway District, LLC, a California limited liability company By Judson & Brown, LLC, a Nevada limited liability company Its Manager By Donald 3 Berry, Jr , Manager City of Redlands, a municipal corporation By re.,,193 Paul W Foster, Mayor Page I of 1 ``t„ 1 3, z, = F: , E First American Title Insurance Company � 7 X National Commercial Services 3281 E Guasti Road, Suite 440 •Ontario, CA 91761 Office Phone (909)510-6200 Office Fax (877)461-2088 Seller's Estimated Setdement Statement File No NCS-984581-ONT1 Escrow Officer Kelly Simoneeu/KS Estimated Settlement Date 03/07/2020 Disbursement Date Property 31 Stuart Street, Redlands, CA 92374 Buyer Redlands Railway District, LLC PO Box 7538 Redlands CA 92375-0538 Seller City of Redlands, a municipal corporation 35 Cajon Street, Suite 4, Redlands, CA 92373 Description Seller Charge Seller Credit Consideration Total Consideration 1 880,000 00 _.-___. -______�____ ._ ._-_- . . -_. -----_ -__-_. Adjustments ---- No Exchange of Consideration 1,880,000 00 00 '_ 00 Title/Escrow Charges Update Fee 2 to First American Title Insurance Company National Commercial Services 170 Closing -Escrow Fee 112 of total cost to First American Title Insurance Company National Commercial Services _ _ _ _ 1 350 Commitment to First American Title insurance Company National Commercial Services 750 00 Policy -Standard ALTA 2006 Owner's to First American Title Insurance Company National Commercial Services 3,194 00 - Cash ( To) (X From) Seller 5,464 00 Totals 1,885,464 00 1,885 464 00 PLEASE NOTE A modification of money -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 such a modification, in the interest of prudence, we may consider it suspect and call a known and trusted phone number to verify its authenticity and accuracy Your awareness and cooperation in taking appropriate steps to prevent fraud is greatly appreciated SELLER(S) Settlement Statement Page 1 of 2 Print Date 0410612020, 1012 AM Settlement Date Officer Seller's Estimated Settlement Statement Kelly Simoneau/KS City of Redlands, a municipal corporation By ice-tikicO Paul W Foster, Mayor File No NCS-984581-ONT1 Settlement Statement Page 2 of 2 Print Date 04/08/2020 10 12 AM EXHIBIT "C" NON -FOREIGN AFFIDAVIT STATE OF ) ) ss County of ) The undersigned, as authorized agent of CITY OF REDLANDS, a municipal corporation ("Transferor"), after being duly sworn upon his oath deposes and says that Section 1445 of the Internal Revenue Code provides that a transferee of a U S. real property interest must withhold tax if the transferor is a foreign person. To mform [Company's Name], LLC, a California limited liability company ("Transferee"), that withholding of tax is not required upon the disposition of Transferor's interest in a U S real property interest, the undersigned hereby certifies the following 1 Transferor is not anon -resident alien, foreign corporation, foreign partnership, foreign trust, foreign estate, or other foreign person within the meaning of § 1445 and § 7701 of the Internal Revenue Code and the treasury regulations promulgated thereunder, 2 Transferor is not a disregarded entity as defined m Treas Reg § 1 1445-2(b)(2)(ni), 3 Transferor's U S taxpayer identification number is 15 "(MO 766, 4 Transferor's business address is Transferor understands that this certification may be disclosed to the Internal Revenue S ervice by Transferee and that any false statement contained herein could be punished by fine, imprisonment, or both. Under penalties of perjury Transferor declares that it has examined this certification and to the best of its knowledge and belief this certification is true, correct, and complete The undersigned agent declares that he has the authority to sign this document on behalf of Transferor TRANSFEROR. CITY OF REDLANDS, a municipal corporation AT EST e Donaldson, City Clerk aul W Foster, Mayor L 1en1d in1Agreements\Redlonds Railway District LLC Condrtronal Property Disposition Agreement Final 10 15 19.docx CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189 .:,•%c��:,.........,.,..,,.,,.. :.%.:E. .. ............ ::fi:,,. . :te' :4:;+. .. .r'•: ::,,'.:C;.:i-`r.,a ^ : ,-,IS 6=2 . - . .rY i+ s'r�'•1 ..�., ,,.....„3si•5'r4a�'Ai-.:.......,,.a.8y: , . . ..,. ...5:'e.:,. ,,.P::r e.c: A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness accuracy or validity of that document State of California i County of G c �l 4"' - ivA1rd i vi -0 1 on R p'n L Lr 20&0 before me, tali LSV \CL._., R Q t IVlS 1 n l`f & d" aio Lt C, , Date Here Insert Name - and Title of the Officer personally appeared U �t ,J t 1 F4 •&kir' arid ,I h_CZlj,►2,F,, 'Dona lotscV1 Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the persor>ksywhose name i/are subscribed to the within instrument and acknowledged to me that F/s1e/they executed the same in Pris,(I r/their authorized capacit ies), and that, y his/Fir/their signaturQ on the instrument the perso4s), or the entity upon behalf of whit the person s), acted, executed the instrument DIANA RAINS Notary Public California San Bernardino County g 'tvrZ';% Commission • 2175775 MY Camm Expires _De!!! 2020 Place Notary Seal and/or Stamp Above I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct WITNESS my hand and official seal Signature atalt&i 4L3 OPTIONAL Signature of Notary Public Completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document Description of Attached Document ' _ (�/� Title or Type of Document Von " r re-L �'i"""rt 4• iJl-f Document Date Number of Pages Signer(s) Other Than Named Above Capacity(ies) Claimed by Signer(s) Signer's Name Signer's Name ❑ Corporate Officer - Title(s) 0 Corporate Officer - Title(s) ❑ Partner - ❑ Limited 0 General 0 Partner - ❑ Limited 0 General O Individual 0 Attorney in Fact 0 Individual 0 Attorney in Fact ❑ Trustee ❑ Guardian of Conservator 0 Trustee 0 Guardian of Conservator ❑ Other 0 Other Signer is Representing Signer is Representing ©2017 National Notary Association Document No Recorded , 2020 STATEMENT OF TAX DUE AND REQUEST THAT TAX DECLARATION NOT BE MADE A PART OF THE PERMANENT RECORD IN THE OFFICE OF THE COUNTY RECORDER (PURSUANT TO SECTION 11932 REVENUE AND TAXATION CODE) TO Recorder County of San Bernardino Request is hereby made in accordance with the provisions of the Documentary Transfer Tax Act that the amount of the tax due not be shown on the original document which names Grantor CITY OF REDLANDS, a municipal corporation Grantee Redlands Railway District, LLC, a California limited liability company The property descnbed in the accompanying document is located in the City of Redlands, County of San Bernardino The amount of tax due on the accompanying document is $ O•07 computed on the full value of the property conveyed (Signature of Grantor or Agent) CITY OF REDLANDS, a municipal corporation ATTEST e Donaldson, City Clerk By Paul W Foster, Mayoi Note After the permanent record is made, this fornn will be affixed to the conveying document and returned with it I'lcatidjm\Agreement\Rediands Railway Distrtnt LLC Conditional Property Disposition Agreement Final 10 15 19 doox RECORDING REQUESTED BY: First American Title Insurance Company National Commercial Services MAIL TAX STATEMENT AND WHEN RECORDED MAIL DOCUMENT TO Redlands Railway District, LLC PO Box 7538 Redlands, CA 92375-0538 Space Above This Line for Recorder's Use Only A P N 0169-281-64 and 0169-281-23 File No NCS-984581-ONT1 (KS) GRANT DEED The Undersigned Grantor(s) Declares) DOCUMENTARY TRANSFER TAX $2,068 00, CITY TRANSFER TAX $0 00, [ X computed on the consideration or full value or property conveyed, OR computed on the consideration or full value less value of liens and/or encumbrances remaining at time of sale, [ ] unincorporated area [ X ] City of Redlands and EXEMPT FROM BUILDING HOMES AND 2088 ACTS FEE PER GOVERNMENT CODE 27388 1{a}(2) FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, City of Redlands, a municipal corporation hereby GRANTS to Redlands Railway District, LLC, a California limited Viability company the following described property in the City of Redlands, County of San Bernardino, State of California PARCEL 1 AN IRREGULAR SHAPED PARCEL OF LAND IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, BEING ALL THOSE PORTIONS OF LOTS 18, 20 AND 21 TO 26, INCLUSIVE AND THE 15 FOOT WIDE ALLEY (NOW VACATED) LYING SOUTHERLY OF SAID LOT 20, ALL BEING IN BLOCK "C" OF AMENDED MAP OF THE CENTRAL TOWNSITE, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8, PAGE 57, OF MAPS, SAN BERNARDINO COUNTY RECORDS, MORE PARTICULARLY DESCRIBED AS FOLLOWS BEGINNING AT A POINT IN THE EASTERLY LINE OF SAID LOT 26, DISTANT NORTHERLY ALONG SAID EASTERLY LINE 14.10 FEET FROM THE SOUTHEASTERLY CORNER OF SAID LOT 26, THENCE NORTHERLY ALONG SAID EASTERLY LINE AND ITS NORTHERLY PROLONGATION AND ALONG THE EASTERLY LINE OF SAID LOTS 18 AND 20, ALSO BEING THE WESTERLY LINE OF THIRD STREET, 54 FEET WIDE, A DISTANCE OF 168 90 FEET TO A POINT IN A LINE THAT IS PARALLEL WITH AND DISTANT NORTHERLY 3 00 FEET, MEASURED AT RIGHT ANGLE FROM THE NORTHERLY LINE OF SAID LOT 20, SAID PARALLEL LINE ALSO BEING THE SOUTHERLY LINE OF STUART AVENUE, THENCE WESTERLY ALONG SAID PARALLEL LINE, 122.00 FEET; THENCE SOUTHWESTERLY IN A DIRECT LINE 22.63 FEET TO A POINT IN THE WESTERLY LINE OF SAID LOT 20, SAID POINT BEING DISTANT SOUTHERLY ALONG SAID WESTERLY LINE 13,00 FEET FROM THE NORTHWESTERLY CORNER OF SAID LOT 20, Mail Tax Statements To SAME AS ABOVE Grant Deed - continued Date 04/08/2020 THENCE SOUTHERLY ALONG THE WESTERLY LINE OF SAID LOT 20 AND ITS SOUTHERLY PROLONGATION AND ALONG THE WESTERLY LINE OF SAID LOT 21, A DISTANCE OF 152 90 FEET TO A POINT IN A LINE THAT IS PARALLEL WITH AND DISTANT NORTHERLY 14.10 FEET, MEASURED AT RIGHT ANGLES FROM THE SOUTHERLY LINE OF SAID LOTS 21 TO 26, INCLUSIVE; THENCE EASTERLY ALONG SAID PARALLEL LINE 138.00 FEET TO THE POINT OF BEGINNING EXCEPTING AND RESERVING ALL OIL, HYDROCARBON SUBSTANCES AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN 500 FEET BELOW THE SURFACE OF SAID LAND, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF SAID LAND LYING MORE THAN 500 FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID OR OTHER LANDS BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE OF SAID LAND OR ANY PORTION OF SAID LAND WITHIN 500 FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, AS RESERVED BY DAVID F RETTIG, ET AL, IN DEED RECORDED MAY 12, 1986, AS INSTRUMENT NO 86-122368, OFFICIAL RECORDS. PARCEL 2 THE SOUTH 24.8 FEET OF LOT 17 AND ALL OF LOTS 19 AND 27 THROUGH 32, OF BLOCK "C", OF AMENDED MAP OF CENTRAL TOWNSITE, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8, PAGE 57, OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY EXCEPTING THEREFROM THOSE PORTIONS OF SAID LOTS 27 THROUGH 32, OF BLOCK "C" OF AMENDED MAP OF CENTRAL TOWNSITE, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8, PAGE 57, OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY BY DEED RECORDED JUNE 10, 2019 AS INSTRUMENT NO 2019-0188916, TOGETHER WITH THAT PORTION OF THIRD STREET MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHEAST CORNER OF SAID LOT 32, BEING A POINT ON THE NORTHERLY RIGHT-OF-WAY LINE OF THE SBCTA (FORMERLY SANBAG) RAILWAY AS SHOWN ON RECORD OF SURVEY MAP RECORDED MARCH 7, 2012, IN BOOK 148, PAGES 73- 92, THENCE ALONG SAID RIGHT-OF-WAY LINE SOUTH 89°41'46" WEST 191 88 FEET TO A POINT ON THE WESTERLY RIGHT-OF-WAY LINE OF THIRD STREET THENCE ALONG SAID WESTERLY RIGHT-OF-WAY LINE NORTH 00'17'46" WEST 14.10 FEET; THENCE LEAVING SAID RIGHT-OF-WAY LINE NORTH 89°41'16" EAST 191 85 FEET TO A POINT ON THE EASTERLY LINE OF SAID LOT 32, THENCE ALONG SAID EASTERLY LINE SOUTH 00°25'06" EAST 14 13 FEET TO THE POINT OF BEGINNING PARCEL 3 THE 15 FOOT ALLEY BETWEEN LOT 19 OF BLOCK 'C" ON THE NORTH AND LOTS 27 TO 32, INCLUSIVE, BLOCK "C" ON THE SOUTH, AS SHOWN ON THE AMENDED MAP OF CENTRAL TOWNSITE, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8, PAGE 57, OF MAPS, IN THE OFFICE OF Page 2 Grant Deed - continued Date 04/08/2020 THE COUNTY RECORDER OF SAID COUNTY PARCEL 4 THAT PORTION OF THIRD STREET IN A PORTION OF BLOCK "C" OF AMENDED MAP OF THE CENTRAL TOWN SITE, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 8, PAGE 57 OF MAPS, SAN BERNARDINO, COUNTY RECORDS, MORE PARTICULARLY DESCRIBED AS FOLLOWS" BEGINNING AT THE INTERSECTION OF THE CENTER LINE OF THIRD STREET AND THE NORTH LINE OF THE 5 B V RY RIGHT-OF-WAY AS SHOWN ON RECORD OF SURVEY 03-161, RECORDED IN BOOK 144, PAGE 53 OF SURVEYS, RECORDS OF SAID COUNTY, THENCE NORTH 89°57'40" WEST 27 00 FEET ALONG SAID NORTH RIGHT-OF-WAY LINE OF S.B.V RY TO THE WEST RIGHT -OF WAY -LINE OF SAID THIRD STREET AS SHOWN ON SAID RECORD OF SURVEY, THENCE NORTH 00°00'00" EAST 173,68 FEET ALONG SAID WEST RIGHT-OF-WAY LINE, PARALLEL WITH AND 27 00 FEET WEST OF SAID THIRD STREET CENTER LINE TO THE SOUTH LINE OF A ROADWAY EASEMENT PER DOCUMENT NUMBER 2009-0191826, OFFICIAL RECORDS OF SAID COUNTY AND THE BEGINNING OFA NON-TANGET 827.00 FOOT RADIUS CURVE, CONCAVE TO THE NORTH AND TO WHICH POINT A RADIAL LINE BEARS SOUTH 09°37'50" EAST, THENCE EASTERLY ALONG THE ARC OF SAID CURVE THROUGH A CENTRAL ANGLE OF 03°49'09", A DISTANCE OF 55.12 FEET TO THE EAST RIGHT-OF-WAY LINE OF SAID THIRD STREET AND THE SOUTHWEST CORNER OF A ROADWAY EASEMENT PER DOCUMENT NUMBER 2009-0191827 OFFICIAL RECORDS OF SAID COUNTY AND TO WHICH POINT A RADIAL LINE BEARS SOUTH 13°26'59" EAST; THENCE SOUTH 00°00'00" EAST 184.74 FEET, PARALLEL WITH AND 27 00 FEET EAST OF SAID CENTERLINE THIRD STREET TO THE NORTH LINE OF SAID S.B.V RY RIGHT OF WAY, THENCE NORTH 89°57'40" WEST 27 00 FEET ALONG SAID NORTH LINE TO THE POINT OF BEGINNING NOTE THE ABOVE LEGAL DESCRIPTION IS FOR THE SOLE PURPOSE OF THIS REPORT AND MAY NOT BE CONSIDERED FOR USE IN ANY POLICY ISSUED BY THIS COMPANY, AND IS SUBJECT TO CHANGE AT ANY TIME Page 3 A P N 0169-281-64 and 0169-281-23 Dated April 08, 2020 City of Redlands, a municipal corporation By 9QW Paul W Foster, Mayor Grant Deed - continued A notary public or other officer completing this certificate verifies only the identity of the Individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document Date 04/08/2020 File No NCS-984581-ONT1 (KS) STATE OF Cu /r -ren )SS COUNTY OF S -) u 16Ll� ) ,{� On 2rt / g, �0 _c) before me, -A aP2-0- , la --e ! , Notary Public, personally appeared Pc (-0, Fasf-er who proved to me on the basis of satisfactory evidence to be the personN whose name} is/alae subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/fier/tiheir authorized capacity(ieQ, and that by his/her/their signatureN on the instrument the persons, or the entity upon behalf of which the personacted, executed the instrument T certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct WITNESS my hand and official seal am:a... Notary Signature Page 4 Th/s area for ofclal notarial seal DIANA RAINS Notary Public - California San Bernardino County Commission # 2175775 My Comm Expires Dec 16. 2020 First American Tide Insurance Company i`iA-IO i t COMMERCIAL SERVICES City of Redlands, a municipal corporation PO Box 3005 Redlands, CA 92373 Kelly Simoneau Escrow Officer ksimoneau@firstam corn 3281 E Guasti Road, Suite 440 Ontario, CA 91761 Phone Number (909)510 6206 FAX (877)461 2088 October 31, 2019 Re Property 31 Stuart Street Redlands, CA 92374 File No NCS 984581 ONT1 (KS) Dear Mr Donaldson Regarding the sale of your property referenced above, First American Title Insurance Company National Commercial Services will be handling your transaction, In connection with the above referenced transaction COMPLETE IN FULL and/or SIGN AND RETURN the enclosed items • California Withholding Package Information Loan Information Sheet • Exchange Information Worksheet • Owner's Affidavit • Proceeds Disbursement Information Commission Information Worksheet Certification for Information Reporting on the Sale of Property (IRS 1099-S Reporting Form) • Rent Statement ENCLOSED please find the following for your records • Entity Document Request List (please provide applicable documentation) Escrow Acceptance Letter • Preliminary Title Report/Commitment for Title Insurance Please note that all original recordable documents must be sent directly to escrow Should you have any questions or need further assistance, please contact the undersigned We appreciate the opportunity to serve you Sincerely, Kelly Simoneau Escrow Officer First American Title Insurance Company KS/la Via Email TAXABLE YEAR 2020 Real Estate Withholding Statement CALIFORNIA FORM 593 AMENDED a ❑ Part I Remitter Information • n REEP n Qualified Intermediary n Buyer/Transferee Ti Other Business name First Amencan Title Insurance Company National Commercial Services n FEIN ❑ CA Corp no 95 2566122 • CA 505 file no First name Initial Last name SSN or ITIN Address (apt./ste, room, PO box, or PMB no ) 3281 E Guasti Road, Suite 440 City (If you have a foreign address, see instructions) Ontario State CA ZIP code 91761 Telephone number (909)510 6200 Part II Seller/Transferor Information If a grantor or nongrantor trust, check the box that applies Grantor n Nongrantor Trust First name (Grantor) Initial Last name (Grantor) SSN or ITIN Spouse's/RDP's first name (if jointly owned) Initial Last name Spouse's/RDP's SSN or ITIN (if jointly owned) Business/Nongrantor Trust name (if applicable) City of Redlands, a municipal corporation FM FEIN OCA Corp no CA SOS file no 4 'is... is-aocon Address (apt./ste , room, PO box, or PMB no ) PO Box 3005 City (If you have a foreign address, see instructions ) Redlands State CA ZIP code 92373 Telephone number (909)798 7531 Property address (provide street address, parcel number, and county) 31 Stuart Street Redlands, CA 92374 Ownership percentage % Part III Certifications which fully exempt the sale from withholding (See instructions) Determine whether you qualify for a full withholding exemption Check all boxes that apply to the property being sold or transferred 1 = E The property qualifies as the seller's principal residence under Internal Revenue Code (IRC) Section 121 2. C The seller last used the property as the seller's principal residence under IRC 121 without regard to the two year time period 3 The seller has a loss or zero gain for California (CA) income tax purposes on this sale Complete Part VI, Computation 4 ® The property is compulsorily or involuntarily converted, and the seller intends to acquire property that will qualify for nonrecognition of gain under IRC Section 1033 5. ❑ The transfer qualifies for nonrecognition treatment under IRC Section 351 or IRC Section 721 6 The seller is a corporation (or a limited liability company (LLC) classified as a corporation), qualified through the CA Secretary of State or has a permanent place of business in CA 7 ❑ The seller is a CA partnership or a partnership qualified to do business in CA (or an LLC classified as a partnership for income tax purposes that is not a single member LLC disregarded for income tax purposes) 8 ❑ The seller is a tax exempt entity under California or federal law 9 n The seller is an insurance company, individual retirement account qualified pension/profit sharing plan, or charitable remainder trust Part IV Certifications that may partially or fully exempt the sale from withholding or if no exemptions apply (See instructions) Determine whether you qualify for a full, partial, or no withholding exemption Check all boxes that apply to the property being sold or transferred 10 ® n The transfer qualifies as either a simultaneous or deferred like kind exchange under IRC Section 1031 11. v n The transfer of this property is an installment sale where the buyer must withhold on the principal portion of each installment payment Copy of the promissory note is attached Complete Part V Buyer/Transferee Information on Side 2 12 ® n No exemptions apply. Go to Part VII, Line 31 If you checked one or more boxes in 1 9 go to Side 3 complete the penury statement and sign Provide Sides 1 3 to the remitter before the close of escrow or exchange transaction to submit to the Franchise Tax Board STOP here Withholding is not required If you checked box 10, go to specific line instructions on Page 4, Part IV If you checked box 11, go to Part V on Side 2 Withholding may be required If you checked box 12, go to Part VII on Side 3 for amounts to withhold Withholding is required • 8601203 Form 593 2020 Side 1 Remitter Name First American Title Insurance Company National Commercial Services SSN, ITIN, FEIN, CA corp no , or CA SOS file no 95 2566122 Part V Buyer/Transferee Information Complete if you checked box 11 in Part IV for an installment agreement First name (Grantor) Initial Last name (Grantor) SSN or ITIN Spouse s/RDP's first name (if jointly purchased) Initial Last name Spouse's/RDP's SSN or ITIN Business/Nongrantor Trust name (if applicable) FEIN CA Corp no 1 ICA SOS file no Address (apt./ste , room, PO box, or PMB no ) 380 New York Street City (If you have a foreign address, see instructions) Redlands State CA ZIP code 92373 Telephone number (909)793 2853 Principal Amount of Promissory Note Installment Amount Interest Rate Repayment Period Number of months Buyer's/Transferee's Acknowledgment to Withhold Read the Buyer/Transferee Information below Go to Side 3, complete the perjury statement and sign I acknowledge that I am required to withhold on the principal portion of each installment payment to the seller/transferor for the above shown California real property either at the rate of 3 1/3% ( 0333) of the total sales price or the Altemative Withholding Calculation, as specifed by the seller/transferor on Form 593, Real Estate Withholding Statement, of the principal portion of each installment payment I will complete Form 593 for the pnncipal portion of each installment payment and send one copy of each to the Franchise Tax Board along with Form 593 V, Payment Voucher for Real Estate Withholding, the withholding payment, and give one copy of Form 593 to the seller/transferor I will send each withholding payment to the Franchise Tax Board by the 20th day of the month following the month of the installment payment If the terms of the installment sale, promissory note, or payment schedule change, I will promptly inform the Franchise Tax Board I understand that the Franchise Tax Board may review relevant escrow documents to ensure withholding compliance I also understand that I am subject to withholding penalties if I do not withhold on the principal portion of each installment payment and do not send the withholding along with Form 593 to the Franchise Tax Board by the due date, or if I do not send one copy of Form 593 to the seller/transferor by the due date Part VI Computation Complete this part if you checked and certified box 3 in Part III, or to calculate an alternative withholding calculation amount 13 Selling price 14 Selling expenses 15 Amount realized. Subtract line 14 from line 13 lib) 13 14 15 16 Enter the price you paid to purchase the property (see instructions How to Figure Your Basis) 16 17 Seller/Transferor paid points 17 18 Depreciation 19 Other decreases to basis 19 20 Total decreases to basis Add line 17 through line 19 21 Subtract line 20 from line 16 22 Cost of additions and improvements J 22 23 Other increases to basis (a) 23 24. Total increases to basis Add line 22 and line 23 24 25 Adjusted basis Add line 21 and line 24 26. Enter any suspended passive activity losses from this property 26 27 Add line 25 and line 26 18 20 21 `s1 25 27 28 Estimated gain or loss on sale Subtract line 27 from line 15 and enter the amount here If you have a loss or zero gain, certify on Side 3 No withholding is required If you have a gain, go to line 29 and 30 to calculate your withholding 28 ® Form 593 2020 Side 2 8602203 Remitter Name First American Title Insurance Company National Commercial Services SSN, ITIN, FEIN, CA corp no , or CA SOS file no 95-2566122 29 Alternative withholding calculation amount Check the applicable box for the filing type n Individual 12 3% n Corporation 8 84% n Bank and Financial Corporation 10 84% Trust 12 3% n Non -California Partnership 12.3% ❑ S Corporation 13 8% n Financial 5 Corporation 15 8% Multiply the amount on line 28 by the tax rate for the filing type selected above and enter the amount here This is the alternative withholding calculation amount If you elect the alternative withholding calculation amount, then check the appropnate box on line 35, Boxes B H, and enter the amount on line 36 29 30 Total sales price withholding amount. Multiply the selling price on line 13 by 3113% ( 0333) This is the total sales price withholding amount If you select the total sales price withholding amount, check box A an line 35 below and enter the amount on line 36 30 Part VII Escrow or Exchange Information 31 Escrow or Exchange Number • 31 NCS 984581-ONT1 32. Date of Transfer Exchange Completion Failed Exchange or Installment Payment (mm/dd/yyyy) • 32 33 Total Sales Price, Failed Exchange, or Boot Amount $ 0 00 x Ownership Percentage % • 33 34 Type of Transaction (Check One Only) • A n Conventional Sale/Transfer C 1 Boot B n Installment Sale Payment D 1 a Failed Exchange 35. Withholding Calculation (Check One Only) • Total Sales Price Method A [] 3'h% ( 0333) x Total Sales Price, Boot, or Installment Sale Payment Alternative Withholding Calculation Election B n Individual 12 3% x Gain on Sale F 1 S Corporation 13.8% x Gain on Sale C Non -California Partnership 12 3% x Gain on Sale G ❑ Financial 5 Corporation 15 8% x Gain on Sale D n Corporation 8 84% x Gain on Sale H nTrust 12 3% x Gain on Sale E n Bank and Financial Corp 10 84% x Gain on Sale 36 Amount Withheld from this Seiler/Transferor • 36 Title and escrow persons, and exchange accommodators are not authorized to provide legal or accounting advice for purposes of determining withholding amounts Transferors are strongly encouraged to consult with a competent tax professional for this purpose. To learn about your pnvacy nghts, how we may use your information, and the consequences for not providing the requested information go to ftb ca gov/forms and search for 1131 To request this notice by mail, call 800 852 5711 Under penalties of perjury, I hereby certify that the information provided above is, to the best of my knowledge, true and correct I further certify that Check the applicable box(s) n The sale is fully exempt from withholding as indicated by a check mark(s) in Part III The sale is fully or partially exempt from withholding as indicated by a check mark(s) in Part IV 1 n The seller has elected the Alternative Withholding Calculation as indicated by a check mark in Part VII, line 35 (8 H) n The Buyer/Transferee understands and accepts the withholding requirements as stated on the Buyer's/Transferee's Acknowledgment to Withhold in Part V This box should only be checked by those who are involved in an installment sale Sign Here It is unlawful to forge a spouse's/RDP's signature Seirir'sg ur U\Ji Seller's/Transferor's spouse's /RDP's signature x Buyer's/Transferee's signature X Buyer's/Transferee's spouse's/RDP's signature X Preparer's name and Title/Escrow business name X Kelly Simoneau, First American Title Insurance Company National Commercial Services Date Date Date Date Telephone Number (909)510 6206 • 8603203 Form 593 2020 Side 3 Seiler/Transferor Signature To learn about your privacy rights, how we may use your information, and the consequences for not providing the requested information, go to ftb ca.gov/forms and search for 1131 To request this notice by mail, call 800 852.5711 Under penalties of perjury I declare that 1 have examined the information on this form, including accompanying schedules and statements, and to the best of my knowledge and belief it is true correct, and complete I further declare under penalties of perjury that if the facts upon which this form are based change, I will promptly notify the REEP Seller's/Transferor's Name and Title City of Redlands, a Seller's/Transferor's Signature municipal corporation 7 "U C74aate f� 20 V MAYaR. Spouse's/RDP's Name Spouse's/RDP's Signature Date TAXABLE YEAR 2019 Real Estate Withholding Certificate CALIFORNIA FORM 593-C Part I — Seller/Transferor Information Return this form to your escrow company Name City of Redlands, a municipal corporation SSN or ITIN Spouse's/RDP's name (if jointly owned) Spouse's/RDP's SSN or ITIN (if jointly owned) Address (apt./ste room, PO Box, or PMB no) PO Box 3005 X FEIN CA Corp no ❑ CA SOS file no 95-60 66 City (If you have a foreign address, see instructions ) Redlands State CA ZIP Code Ownership Percentage 92373 0/0 Property address (if no street address, provide parcel number and county) 31 Stuart Street, Redlands, CA 92374 To certify that you qualify for a full or partial withholding exemption, check all boxes that apply to the property being sold or transferred (See instructions) Part 1I — Certifications which fully exempt the sale from withholding. 1. ❑ The property qualifies as the seller's/transferor's (or decedent's, if sold by the decedent's estate or trust) principal residence within the meaning of Internal Revenue Code (IRC) Section 121 2 ❑ The seller/transferor (or decedent, if sold by the decedent's estate or trust) last used the property as the seller's/transferor's(decedent's) principal residence within the meaning of IRC Section 121 without regard to the two year time period 3 ❑ The seller/transferor has a loss or zero gain for California income tax purposes on this sale To check this box you must complete Form 593 E, Real Estate Withholding Computation of Estimated Gain or Loss and have a loss or zero gain an line 16 4 ❑ The property is being compulsorily or involuntarily converted and the seller/transferor intends to acquire property that is similar or related in service or use to qualify for nonrecognition of gain for California income tax purposes under IRC Section 1033 5 ❑ The transfer qualifies for nonrecognition treatment under IRC Section 351 (transfer to a corporation controlled by the transferor) or IRC Section 721 (contribution to a partnership in exchange for a partnership interest) 6 ❑ The seller/transferor is a corporation (or a limited liability company (LLC) classified as a corporation for federal and California income tax purposes) that is either qualified through the California Secretary of State (SOS) or has a permanent place of business in California 7 ❑ The seller/transferor is a California partnership or a partnership qualified to do business in California (or an LLC that is classified as a partnership for federal and California income tax purposes and is not a single member LLC that is disregarded for federal and California income tax purposes) 8 The seller/transferor is a tax exempt entity under California or federal law 9. The seller/transferor is an insurance company, individual retirement account, qualified pension/profit sharing plan, or charitable remainder trust Part III — Certifications that may partially or fully exempt the sale from withholding Real Estate Escrow Person (REEP) See instructions for amounts to withhold 10. n The transfer qualifies as a simultaneous like kind exchange within the meaning of IRC Section 1031 11. n T• he transfer qualifies as a deferred like -kind exchange within the meaning of IRC Section 1031 12 n T• he transfer of this property is an installment sale where the buyer/transferee is required to withhold on the principal portion of each installment payment Copies of Form 593 I Real Estate Withholding Installment Sale Acknowledgement, and the promissory note are attached Seiler/ If you checked any box in Part II , you are exempt from real estate withholding Transfero If you checked any box in Part III, you may qualify for a partial or complete withholding exemption ✓ Except as to an installment sale if the seller/transferor did not check any box in Part I1 or Part III of Form 593 C, the withholding will be 3 1/3% ( 0333) of the total sales price or the optional gain on sale withholding amount from line 5 of Form 593 Real Estate Withholding Tax Statement If the selier/transferor does not return the completed Form 593 and Form 593-C by the close of escrow, the withholding will be 3 1/3% ( 0333) of the total sales price unless the type of transaction is an installment sale If the transaction is an installment sale, the withholding will be 3 1/3% ( 0333) of the down payment If you are withheld upon, the REEP should give you one copy of Form 593 Attach a copy to the lower front of your California income tax return and make a copy for your records ■ 7131193 Form 593-C 2018 ■ TAXABLE YEAR Real Estate Withholding - 2019 Computation of Estimated Gain or Loss CALIFORNIA FORM 593-E (You are required to complete this form if you claim an exemption due to a loss or zero gain or if you elect an optional gain on sale withholding amount ) Part I — SeIler/Transferor Information Name City of Redlands, a municipal corporation SSN or FIN Spouse's/RDP's name (if jointly owned) Spouse's/RDP's SSN or iTIN (if jointly owned) Address (apt./ste , room, PO Box, or PMB no) PO Box 3005 n FEIN [1 CA Corp no ❑ CA SOS file no 95 6000766 City (If you have a foreign address, see instructions ) Redlands State CA ZIP Code 92373 Property address (if no street address, provide parcel number and county) 31 Stuart Street, Redlands, CA 92374 Part II — Computation 1 Selling price .. 2 Selling expenses . . 3 Amount realized Subtract line 2 from line 1 .. . . 4 Enter the price you paid to purchase the property (If you acquired the property other than by purchase, see instructions, How to Figure Your Basis) . 5 Seller/Transferor paid points 6 Depreciation . .. 7 Other decreases to basis 8 Total decreases to basis Add line 5 through line 7 9 Subtract line 8 from line 4 . 10 Cost of additions and improvements 10 11. Other increases to basis 11 5 6 7 4 8 9 12 Total increases to basis Add line 10 and line 11 . 12 13 Adjusted basis Add line 9 and line 12 . . 13 14 Enter any suspended passive activity losses from this property 14 15 Add line 13 and line 14 . . . . . . 16 Estimated gain or loss on sale. Subtract line 15 from line 3 and enter the amount here If you have a Toss or zero gain, skip lines 17 and 18 Complete the Seller/Transferor Signature area below and check the box on Form 593 C, Real Estate Withholding Certificate, Part II line 3 If you have a gain, go to line 17 •. 17 Optional gain on sale withholding amount Check the applicable box for the filing type ❑ Individual 12.3% ❑ Corporation 8 84% ❑ Non California Partnership 12 3% ❑ 5 Corporation 13 8% [f Bank and Financial Corporation 10.84% n Financial S Corporation 15.8% 1 2 3 15 16 Multiply the amount on line 16 by the tax rate for the filing type selected above and enter the result on line 17 This is the optional gain on sale withholding amount If you elect the optional gain on sale withholding amount on line 17, get Form 593, Real Estate Withholding Tax Statement, and check the appropriate box on line 4 (Boxes B G) for the Optional Gain on Sale Election and transfer the amount on line 17 to Form 593, line 5 Sign Form 593 to certify the election .. 17 18 Total sales price withholding amount. Multiply the selling price on line 1 by 3'/% ( 0333) and enter the amount on line 18 This is the total sales price withholding amount If you select the total sales price withholding amount on line 18, check Box A "31/% (.0333) x Total Sales Price" on line 4 of Form 593, and transfer the amount on line 18 to Form 593 line 5 . . 18 Seller/Transferor Signature Title and escrow persons and exchange accommodators are not authorized to provide legal or accounting advice for purposes of determining withholding amounts Transferors are strongly encouraged to consult with a competent tax professional for this purpose To learn about your privacy rights, how we may use your information, and the consequences for not providing the requested information, go to ftb ca gov/forms and search for 1131. To request this notice by mail, call 800 852 5711 Under penalties of perjury, I declare that I have examined the information on this form, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete I further declare under penalties of perjury that if the facts upon which this form are based change, I will promptly notify the Real Estate Escrow Person (REEP) City of Redlands a municipal Seller's/Transferor's Name corporation Seller's/Transferor's Signature Date itis unlawful to forge Spouse s/RDP's Name (if jointly owned) a Spouse's/RDP's signature Spouse's/RDP's Signature (if 3ointly owned) Date 7151193 Form 593 E 2018 111 First Amerdcdn Title Insurance Company NA-IONCOMMS iAL SEPVICF5 3281 E Guasti Road, Suite 440 Ontario, CA 91761 RE Escrow No NCS-984581-ONT1 Date 03/24/2020 Officer Kelly Simoneau Property 31 Stuart Street Redlands, CA 92374 LOAN / OWNER'S ASSOCIATION INFORMATION REQUEST In order for us to obtain statements of account from your existing lender(s) or Owner's association, please provide us with the following information on your accounts We must have accurate and complete information on your accounts, as some take up to 30 days to return our request Please fill out and return this form as soon as possible Federal Regulation 545-132D requires authorization in writing from you before a lender can release any payoff information to an escrow holder A delay in returning this signed and completed form could delay the close of this escrow FIRST TRUST DEED Lender Name Address Not Appiicabie Loan Number Phone Number Fax Number SS#/TIN SECOND TRUST DEED Lender name Address Loan Number Phone Number OWNER'S ASSOCIATION (if applicable) Association Name Management Co Address Fax Number SS#/TIN Account Number Phone Number Fax Number SS#/TIN Our signatures below are to be considered instructions for obtaining statements, to comply with the instructions of the above named companies, and our authorization to pay from funds due us at the close of escrow said companies' fees, including, but not limited to Statement Fees, Transfer Fees, Late Fees, Prepayment Penalties, Impound Account Shortages without our further approval Please Provide Your Forwarding Address below, so funds or documents may be sent to you after close of escrow City of Redlands / Attn City Clerk 35 Cajon Street Suite 4 Redlands, CA 92373 Effective Date First American Title Insurance Company National Commercial Services 3281 E Guasti Road, Suite 440 Ontario, CA 91761 SELLER(S) City of Redlands, a municipal corporation PO Box 3005 Redlands, CA 92373 City of Redlands, a municipal corporation ((60-1L—— Paulaul W Foster, Mayor Attest ne Donaldson, City Clerk File No NCS -984581 ONT1 (KS) Date 10/30/2019 First American Tide Insurance Company NAT:ONA1. COMMERCIAL. SERVICES 3281 E Guasti Road, Suite 490 Ontario, CA 91761 Ph (909)510 6206 FAX (877)461 2088 DATE March 24, 2020 Escrow # NCS-984581-ONT1 TO. Escrow Officer Kelly Simoneau EXCHANGE INFORMATION We need the following information to process your escrow Please complete this form and return to our office ❑ I/We request that First American Exchange Company contact us to discuss a 1031 Exchange Or, I/we may also contact First American Exchange directly at (877) 317-1031 to discuss a Tax -Deferred Exchange ❑ I/We will contact My Exchange Company listed below regarding a Tax -Deferred Exchange I/We will ask them to contact you Accommodator Exchange Officer Exchange Number Phone and Fax Number E -Mail Address Final Date to Exchange ® I/We are certain that we will NOT be doing a 1031 Exchange Transaction for this property I/We hereby authorize you as Escrow Holder to discuss this file with my Exchange Company in order to process this escrow imp.. Arvid Paul W Foster, Mayor (9O 7 "]slp Name Signature Phone Number Attest Jeanne Donaldson, City Clerk Wig 7 53 1 Name ature Phone Number PLEASE COMPLETE AND RETURN OWNER'S CERTIFICATION AND GAP INDEMNITY A The undersigned, City of Redlands ("Owner") which owns title to the real property located in the City of Redlands , County of San Bernardino State of California (the "Property") described mthe Commitment for Title Insurance issued under NCS - NCS 984581 ONT1 (the "Commitment"), and in consideration of First American Title insurance Company ( the "Company") issuing its policies of title insurance insuring an interest in the Property under said order number hereby represents and certifies as follows 1 That Owner is the owner of the Property and has not conveyed title to the Property to any third party and is not aware of any third party disputing the Owners ownership of the Property 2 That there are no delinquent real estate taxes or unpaid current real estate taxes, nor any pending or levied assessments on the Property, including but not limited to those for trees, sidewalks, streets, sewers and water lines, 3 That except as shown on the attached Exhibit A, within the last six (6) months (a) no labor, service or materials have been furnished to improve the land, or to rehabilitate, repair, refurbish, or remodel the building(s) situated on the land (b) nor have any goods chattels, machinery, apparatus or equipment have attached to the building(s) thereon, as fixtures (c) nor have any contracts been let for the furnishing of labor, service, materials, machinery, apparatus or equipment which are to be completed subsequent to the date hereof, (d) nor have any notices of lien been received, except as shown on said attached exhibit 4 That the Owner is in sole possession of the Property, and that no other party has possession, or has a right of possession under any tenancy lease or other agreement, written or oral, except as shown on the attached Exhibit l3, and that in connection with any such possessory right, lease or other agreement, there are no rights of first refusal, rights or first offer, or options to purchase all or any portion of the Property 5 That the covenants and restrictions, if any, shown in the Commitment have not been violated by the erection of the improvements on the Property or the use of the Property, and there are no known facts which would cause such violation, nor has Owner received any notices of any violations thereof 6 That except as shown on the attached Exhibit C, the Owner is not a "retailer," "commission merchant," "dealer," or "broker" of "perishable agricultural commodities" as defined in 7 USC 449a(4) 7 In order to induce the Company to issue its policies of title insurance with full knowledge that the Company will rely upon the accuracy of the statements made herein, Owner hereby agrees to hold the Company harmless from and indemnify the Company against any and all Toss, cost damage or expense of every kind, including attorneys' fees, which the Company may suffer or incur or become liable for under its said policies directly or indirectly due to its reliance on the accuracy of the foregoing representations or in connection with its enforcement of its rights under this certificate and indemnity 13 The Owner acknowledges and agrees as follows 1 The Company is unwilling to issue said policy or policies until the closing instruments) under which the proposed insured acquires an interest in the Property is/are filed for record in the appropriate recording office(s) (the "Recording Date"); 2 The parties in the transaction have requested the Company to provide a so-called New York Style Closing" which provides for the unconditional delivery, upon the closing, of the title policies concurrently with the delivery of the instrument(s) between the parties and the passing of consideration therefor, 3 In consideration of the Company issuing its polices without taking exception therein for matters which may apse between the most recent effective date of the Commitment (the "Effective Date") and the Recording Date, known as the "Gap Period", and which matters may constitute an encumbrance, hen or objectionable matter to or may affect said title (collectively, "Objections to Title"), the Owner agrees to promptly defend, remove, bond or otherwise dispose of any Objections to Title which may arse or be filed, as the case may be, against the Property during the Gap Period, and to hold the Company harmless from and indemnify the Company against all expenses costs and reasonable attorneys' fees which may arise out of Owner's failure to so remove, bond or otherwise dispose of any of said Objections to Title Dated ,7J/2v2V [Owner] ���'� By iiu.�{S�W Its Paul W Foster Mayor Attest kbue.dever\D e Donaldson, City Clerk EXHIBIT A WORK AT PROPERTY {Desernbe work, or if none, state "NONE") None EXHIBIT B PARTIES IN POSSESSION AT PROPERTIES RIGHTS OF FIRST REFUSAL, RIGHTS OF FIRST OFFER OR OPTIONS TO PURCHASE {Attach Rent Roll or list of leases and confirm that there are no ROFRs or ROFDs or Options} None EXHIBIT C PACA/PSA Act excepttons None ,F1.rst American Title Insurance Company NA.—'C.,NAl COMMERCIAL SERV,tE5 PROCEEDS DISBURSEMENT Dated 10/30/2019 City of Redlands, a municipal corporation PO Box 3005 Redlands, CA 92373 Order Number NCS -984581 ONT1 Property Address 31 Stuart Street, Redlands, CA 92374 Buyer/Borrower(s) Redlands Railway District, LLC Seller(s) City of Redlands, a municipal corporation 3281 E Guasti Road, Suite 440 Ontario, CA 91761 The undersigned seller(s) or borrower(s) request that the proceeds from the sale or refinance of the above captioned property be sent in the following manner Please select one and complete if necessary 1 _ Pick-up at First American Title Insurance Company National Commercial Services, 3281 E Guasti Road, Suite 440, Ontario, CA 91761 2 Mail to the following address 3 Overnight via express mail service to the following address 4. X Wire proceeds to Not Applicable Bank Name & Address Bank ABA Routing Number Bank Account Number Bank Account Name 5 Other Page 1 of 2 Seller(s) City of Redlands, a municipal corporation By .___OPJ,-)A- Paul W Foster, Mayor Date if / Ip /2020 Attest AC/1-40-16 e Donaldson, City Clerk Page 2 of 2 First American Title insurance Company Nt_id.Ntt cOMMEac,,aL sERViCEs COMMISSION INFORMATION SHEET 3281 E Guasti Road Suite 440 Ontario, CA 91761 Date March 24, 2020 Escrow NCS-984581-ONT1 Property 31 Stuart Street, Redlands, CA 92374 In order that escrow may more efficiently process your transaction, we require the following information Not Applicable Real Estate Company Street Address City, State, Zip Phone Number Fax Number Agent Email Address Commission Amount or Percentage Real Estate Company Street Address City, State, Zip Phone Number Fax Number Agent Email Address Commission Amount or Percentage Upon receipt of the above information, Escrow Holder will draw commission instructions for you to execute. To Re Seller First American Title Insurance Company National Commercial Services Kelly Simoneau, Escrow Officer 31 Stuart Street, Redlands, CA 92374 City of Redlands, a municipal corporation INFORMATION REQUEST FORM — For IRS 1099-5 Reporting For Real Estate Transactions ("Property") First American Title Insurance Company National Commercial Services 3281 E Guasti Road, Suite 440 Ontario, CA 91761 (909)510 6206 Fax - (877)461-2088 File No NCS -984581 ONT1 (KS) Date March 24, 2020 Give form to requestor Do not send to the IRS Print or type — follow all instructions carefully Name (as shown on your income tax retum) City of Redlands Business name/disregarded entity name if different from above Check appropriate box ❑ Individual / Sole proprietor IM Corporation (exempt from 1099 S reporting) D Partnership ❑ Limited liability company For LLC enter the tax classification (D=disregarded entity C. -corporation, S=S Corporation ❑ Other (i e Bankrupts etc — see instructions) ► ❑ Trust/estate P=Partnership ► Forwarding Street Address (your address after closing) 35 Colon Street, Suite 4 Percentage Owned ® 100% 0 Other % City State and Zip code Number of sellers including you Part I Taxpayer Identification Number (TIN) Enter your taxpayer identification number ("TIN") in the appropriate box The TIN provided must match the name given on Line 1 to avoid the imposition under the Internal Revenue Code of civil or criminal penalties for failing to [.._...t _ _____-a TIAI _.... 1 •.. :......... *L... TILT ♦L... ION.- hL,..,.,ITlnl ,..,..,.-F.i... enp..,..rn',. TIAI mn*nhinn nrnnncc Social security number which we utilize For individuals this is your social security number (SSN) However for a resident alien sole proprietor or disregarded entity see "Specific instructions below For other entities it is your employer identification number (EIN) Note If multiple sellers are involved, see General Instructions below Pail 11 Certification of U S Person *`IMPORTANT** SIGN HERE IF YOU ARE A U 5 PERSON Or Employer identification number 95 6000766 Under penalties of perjury I certify that 1 The number shown on this form is my correct taxpayer identification number (or I am waiting for a number to be issued to me) and 2 I am a U S citizen or other U.S. person (defined below) • Certification of Foreign Person **IMPORTANT** SIGN HERE IF YOU ARE F EIGN SIGN ABOVE IF YOU ARE A LI S PERSON Sign Here Part ill U S person 16 Date ► Under penalties of perjury 1 certify that 1 The number shown on this form is my correct taxpayer identification number (or I am waiting for a number to be issued to me) and 2 I am a Foreign Person (defined below) Sign Here Foreign person P. Date ► GENERAL INSTRUCTIONS Section references are to the Internal Revenue Code unless otherwise noted Purpose of Form A person who is required to file an information return on real estate with the IRS must obtain your correct taxpayer identification number (TIN) which may be your social security number (SSN) individual taxpayer number (ITIN), adoptive taxpayer identification number(ATIN) or employer identification number (EIN) Definition ofa U.S. Person For federal tax purposes, you are considered a U S person if you are An individual who is a U $ citizen or U S resident alien A partnership corporation company or association created or organized in the United States or under the laws of the United States An estate (other than a foreign estate) or A domestic trust (as defined in Regulations section 301 7701 7) Definition ofa Foreign Person A foreign person includes a nonresident alien individual foreign corporation, foreign partnership foreign trust, foreign estate and any other person that is not a U S person It also includes a foreign branch of a U 5 financial institution if the foreign branch is a qualified intermediary In most cases the U.5 branch of a foreign corporation or partnership is treated as a foreign person Requirement to Furnish TIN & Penalties for Failure You are required by law to provide us with your correct taxpayer identification number ("TIN") If you do rot provide us with your correct taxpayer identification number ('TIN ) you may be subject to civil or criminal penalties imposed by law If we disclose or use your TIN in violation of federal law we may be subject to civil or crimina penalties imposed by law Multiple Sellers Each seller must complete a separate form Spouses who hold title as tenants in common joint tenants tenants by the entirety, or community pmperty will be treated as a single seller unless we are instructed otherwise SPECIFIC INSTRUCTIONS Please review chart What Name and Number to Give" on page 2 Individuals You must generally enter the name shown on your income tax retum However if you have changed your last name, for instance, due to marriage without informing the Social Security Administration of the name change enter your first name, the last name shown on your social security card and your new last name If more than one name is listed list first, and then circle, the name of the person or entity whose number you entered in Part I of the form Note ITIN Applicant Enter your individual name as it was entered on your form W 7 application, line la This should also be the same as the name you entered on the Form 1040/1040A/1040EZ you filed with your application Limited liability company (LLC). Check the Limited Ilabillty company" box only and enter the appropriate code for the tax classification ("D for disregarded entity C" for corporation P" for partnership) in the space provided and follow the instructions on the next page (Specific Instructions Continued on Next Page) For Escrow Use Only—Additional File Information [ ] Change [ ]Void Delete For Escrow Use Only — Required for 1099-S Data Entry Only (No entry in FAST [ j Add [ ] Change No of 1099-S Forms required for this file? 1] Is NamelEntity Party a 'Non -Record' Seller? Type is. [ j WW or Individual ( 1 ] TrustBusiness Is Property part of an Exchange? [ 1 YES 1 NO 1 Delete Contract Sales Price Buyer's Part of Real estate Tax Actual Settlement Date Region National Commercial Services Division FAST Office 30 (1602) (LA) .First American Title Insurance Company 1O:"kiA1 C.C2M1 ERG AL S.ERvFcES TO FIRST AMERICAN TITLE COMPANY ESCROW NO NCS-984581-ONT1 3281 E Guasti Road Suite 410 Ontario, CA 91761 In order that rents for the property I am conveying may be correctly prorated through escrow, I hereby state that rentals as to amounts and dates to which they are paid, are as follows Unit Tenant Not Applicable Rate per month Date paid Security deposit Option to Right of to Purchase lst Y or N Refusal Y or N Unless prior to date of recording I have notified you in writing of some change in tenancy, you are to assume I will collect all rents which fall due according to the foregoing statement prior 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 43/31/202C) SELLER SELLER The above rent statement is hereby approved as a basis for rent prorations through this escrow DATED BUYER BUYER Page 1 of 1 la /03/24/2020