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08/11/2ooa 10:29 FAX 541 485 0307 <br /> CASCADE TITLE <br /> l~] o o a <br /> JOINT' <br /> 08/08/03 ESCROW INSTRUCTIONS - Escrow No- EU03-0609 <br /> PAGE: 2 OF 4 <br /> i , <br /> Creditors, with no liability to Cascade Escrow. Any and all said checks shall <br /> delivered via regular mail, unless instzv.cted by the undersi <br /> be <br /> ' gned_ <br /> PROBATIONS shall be made as of <br /> Close of Escrow. The items to ba <br /> adjusted in escrow are: NO PROBATIONS. All adjustments to <br /> .prorated or <br /> diem basis, unless otherwise instructed be made on a per <br /> <br /> _i prior to.closing_ <br /> It is understood <br /> that Homeowners Association dues, water, sewer, <br /> collection, electricity and utility charges anal invento <br /> j adjusted between Seller and H waste <br /> uyer outside this escrow, r'Y for fuel will be <br /> closing statements. unless set forth on the <br /> DOCUMENTS TO BE 15ELIVER <br /> place title ED THROUGH ESCROW SHALL' SE: the documents required to <br /> in the condition called for above, any documents referred to in the <br /> sections entitled "Existing Encumbrance(s)/T,oan(s)" and/or ^New Encumbrance(s) <br /> .and any other documents specified in these instructions. <br /> Buyer will cause tp be delivered to ou ^ <br /> Buyer to comply with these y the funds and documents necessary for <br /> you the f instructions. Seller will cause to be delivered to <br /> ands and documents necessary for Seller to comply witty these instruc- <br /> tions_ When you are in recei <br /> and/or deliver the Pt of said funds and documents, you are to record <br /> instructions and documents and disburse the funds in accordance with these <br /> the attached closing statements. In modification of the <br /> foregoing, Buyer and Seller acknowledge that some lenders will not deposit loan <br /> funds into escrow until after recordation of documents. You are authorized to <br /> record documents deposited into the escrow prior to the lenders deposit of funds <br /> therein when you have been given instructions by the lender to record. In the <br /> eveslt lender subsequeTjtlh .fails to deposit funds into escrow Buyer and Seller <br /> agree to execute and record all documents. necessary to restore title to the <br /> premises to the condition existing prior to said recordings, Buyer and seller <br /> each hold Cascade Escrow harmless from any Failure to perform and release <br /> Cascade Escrow from any liability arising therefrom. <br /> ~ ; The parties to this <br /> escrow acknowledge that they are aware of the governmental <br /> regulations which require that all funds deposited into escrow must be collected <br /> funds and available for withdrawal prior to the disbursement of escrow. All <br /> funds deposited to this escrow must be deposited in the form of a Cashier's <br /> Check, Certified Check or Wire Transfer. In the event of deposit of uncollected <br /> funds, Cascade Escrow is authorized and instructed to delay the closing of the <br /> escrow pending confirmation of the Clearance of all deposits. <br /> All funds received in this escrow shall be deposited with other escrow funds in <br /> a general escrow. account or accounts of Cascade Escrow with any State or <br /> National Bank, and may be transferred to any other such general escrow account <br /> or accounts. All disbursements shall be made by check of Cascade Escrow. If <br /> without agreement funds are retained or remain in escrow 6 months after close of <br /> escrow, you may deduct therefrom a $25.00 per month fea_ <br /> .The expression "close of escrow" means the date on which instruments referred to <br /> herein are recorded. <br /> Any documents that have been prepared by Cascade Escrow were so prepared at the <br /> Parties .direction and have been reviewed and approved as to terms, provisions, <br /> form and contezit by the parties. Cascade Escrow is authorized @nd instructed to <br /> insert dates and terms on instruments if executed incomplete in such particulars. <br /> At close of escrow, you are to deliver the documents, funds and other property <br /> delivered herewith to the persons entitled thereto. You are to furnish a copy of <br /> . these instructions, amendments tY~ereto, closing statements and/or any other <br /> document deposited in this escrow to the lender or lenders and/or the real <br /> estate agent or agents involved in this transaction upon request of such <br /> lender(s) or agent(s). <br /> You will record/file tree necessary legal instruments and you are then authorized <br /> to pay o£f such encumbrances of record as may exist at time of recording/filing <br /> such instruments, to permit issuance of said title policy as above stated and <br /> shall not be responsible for liens attaching after said date. Huyer and Seller <br /> hereby acknowledge that they have and shall have the continuing obligation of <br /> good faith in dealing witty Cascade Escrow to enable Cascade Escrow to fulfill <br /> its responsibilities under this agreement, Such obligation of Buyer and Seller <br /> shall survive the closing of the transaction described herein and shall include, <br /> Without limitation, the obligation to (1} disclose to Cascade Escrow any liens, <br /> _ <br /> _ <br /> <br />