LLA 1992-166Zoning:
Related Cases:
Reviewed By:
PIAV9WNING & DEVELOPMENT DEPARTT
78-105 CALLE ESTADO
LA QUINTA, CALIFORNIA 92253
APPLICATION FOR LOT LINE ADJUSTMENT
OFFICE USE ONLY
LLA No.
Date:
APPLICANT
Name:
Address: 'r�lr {�yF„ �iC�v�& �� j Daytime ,
(Mailing) V-7c- )��ya� \Cam 1', Phone: 5 C4-ti�J—�
(City) (State) (ZiP0/
PROPERTY OWNERS
Owner "A" Name:
Address: t'IcAvrD,
Phone:
(City) (State) (Zip)A
Owner "B" Name: (iCnV (;—, M \�
Address: ` c. n -Iz
LA. Q t,•_nia C . R 2-zs3 Phone:
(City) (State) (Zip)
Owner "C" Name:
Address:
Phone:
(City) (State) (Zip)
PROPERTY DATA
Property A: Assessor's Parcel Number:
Street Address (if any):
Property B: Assessor's Parcel Number:
Street Address (if any):
Property C: Assessor's Parcel Number:
Street Address (if any):
1 �y, 3 -1--o be,
REASON FOR REQUEST: )cr rJ' 1 - e-
-------------------- -------------------
I/We hereby certify that: 1) I am/We are the record owner(s) of
all parcels proposed for merger by this Application; (2) I/We have
knowledge of and consent to the filing of this Application; and,
3) The information submitted in connection with this Application
is true and correct.
Owner "A":
i. V- 17 /?y
Name Date
owner "B":
Name Date
owner "C":
Name Date
Representative J al�_
Signature: Date 1
(Attach Letter(s) of Authorization)
MR/FORMLLA.001
JUNE 1989
H E C I T Y 10
November 24, 1992 i •, {inta
1932 - 1192 T,, Paid) PecaJr
Ms. Shari Sargent
Santa Rosa Realty
P. O. Box 1082
La Quinta, CA 92253
SUBJECT: LOT LINE ADJUSTMENT 92-166 FOR MADELINE SARGENT
Dear Ms. Sargent:
Attached is your recorded Grand Deed for Lot Line Adjustment 92-166 for property located on
Avenida Navarro. This lot line adjustment has been recorded by the County and is now
considered complete.
Should you have any comments regarding this matter, please feel free to contact the
undersigned.
Very truly yours,
JERRY HERMAN
PLANNING & DEVELOPMENT DIRECTOR
STAN B. SAWA
Principal Planner
SBS:bja
City of La Quinta
Post Office Box 1504 ♦ 78-105 Calle Estado
La Quinta, California 92253
LTRSS.264 Phone (619) 564-2246, Fax (619) 564-5617
Design a PmeoGmn Mam Pa, 'mel o81191. 619346-0772
RECORDING REQUESTED BY
AND WHEN ]RECORDED MLIL THIS AND LIKES& OTHERWISE SHOWN
SELOW MAIL TAX STATEMENT TO:
Nam* r /City of (aQuinta
9dross 78-105 Calle Estado
rsss
• II
'ps'uli L\ La Quinta, Ca. 92253 J
V
r
'NAmA 1
StrOOt
ddress
city A
Slot* L
TITLE ORDER
MAIL TAX STATEMENTS TO
K
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1
L g as
o P QM
TO
q 8 11
$?ACE ABOVE THIS LINE FOR RECOADER'S USE
GRANT DEED
THE UNDERSIGNED GRANTOR(S) DECLARE(S)
DOCUMENTARY TRANSFER TAX is $ _ U—
❑ computed on full value of property conveyed, or
❑ computed on full value less value of liens or encumbrances remaining at time of sale.
❑ unincorporated area ❑ city of LsaQ-,),\ ,AND
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
Y`nGaelttl� R - So r�e�'c �� L^rrnctirr �ec� wornE�
hereby GRANT(s) to
ef o\ vmc,ro"s his so1�
the following described real property in the
County of
State of California:
the �ockh �ee�
C�
l C) \�
b\oc1� a51
�� � o ��R �
Cc>x Me_\ t
�C) als
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�Ve Co�r1��,
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deed reec_-s V_oA 1 V\_Q o�v�1►�Qrz� 92-
o�s
ILA ) b10C-L 3,51 C urL� Q:3 off- ScAV-�-_ CCAMrn�
CNN V U\ L-(ti ��'\ V-� Cis
Cc) -� le_ r \000
47tus )))
STATE OF Oft I t!lPt 4 A }SS.
COUNTY OF
On this __� / � day of m the year---f-��,
before me ne _Aersi ned, a Notar ub c in and fo said State, personally
appeared
agFrsonaily &own to me
O proved to rre on the basis of satisfactory evidence
to be the person whose name is subscribed to this instrument, and acknowl-
edged to me trial he (she or they) executed it.
V
�?ADTARY PCcJC • State of Kanss
- P:. i R;3IA DEGAN
Slgnatur
NOTARY PUBLIC IN AND FDA SAID $T
(This An& to official nolartel uld)
ft
Q
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398767
APPF ED BY PLANNING& DEVELOPMENT DEPARTMENT
CY DUE a10 I d
El WENT
CASE NO. - LIU, mod+ -Ito&
Q
r4
30 1 3o
A
Gof Ltill6 �16/S�M ^° 92-166
H E C I T Y
October 16, 1992
County Recorder
County of Riverside
P. O. Box 751
Riverside, CA 92502
o!•
AL
La Quinta
1082 - 1992
Ten Carat Decade
SUBJECT: LOT LINE ADJUSTMENT 92-166
Dear Sir:
Attached please find the Grant Deed for Lot Line Adjustment 92-166, with Exhibits.
Recordation is requested by and for the City of La Quinta in accordance with Government Code
Section 6103 to insure compliance with zoning requirements prior to any construction taking
place. Please record and return the original document to this office so our records can be
updated.
Thank you for your assistance.
Very truly yours,
JERRY HERMAN
PLANNING & DEVELOPMENT DIRECTOR
STAN B. SAWA
Principal Planner
SBS:bja
Attachments
cc: Engineering Department
Building & Safety Department
City of La Quinta
Post Office Box 1504 ♦ 78-105 Calle Estado
La Quinta, California 92253
LTRSS.243 Phone (619) 564-2246, Fax (619) 564-5617
Design 8 P,oOucLon Ma,N Pal, 619 9<6 0772
RECORDING REQUESTED BY 111111®
AND WHEN RECORDED NIIL THIS DEED AND UNLESS OTHERWISE SHOWN
SELOW MAIL TAX STATEMENT TO:
F
Name
City of La Quinta
Street
78_105 Calle Estado
Stress
cltya
La Quinta, Ca. 92253
State
L
J
NAIL TAN STATEMENTS TO
�
�l
t
Name
Street
ddrpe
City A
St.,.
L
J
TITLE ORDEN N0. ESCROW NO.
SPACE ABOVE THIS LINE FOR RECORDER'S USE
GRANT DEED
THE UNDERSIGNED GRANTOR(S) DECLARE(S)
DOCUMENTARY TRANSFER TAX is $ - `—
❑ computed on full value of property conveyed, or
❑ computed on full value less value of liens or encumbrances remaining at time of sale.
❑ unincorporated area ❑ City of Lam_,;' rC1 _—,AND
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
MGaeV l �lE R - S��Ce'CA� C"Y-1 L�rwv�clr c oed t uorn E�
hereby GRANT(S) to
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�V 1 c� �.�' \�1(\ D� �1C.r s (Cd (Y1CtC1 C\S b S S O
the following described real property in the
County of , State of California:
b\oc1L a5\
CA
CkA- ' p\A-e,
V-D.
o� 1 (2,
�\'P_CCxciS
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CC,\k-�or\C-\i,(�A__
\,eed re 1ecb 1 ��
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T\-.e clbovp_ as �P_�A L>I
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O C) t r boG�_ ao �)G k�
o�yraecl yjv6 C,}� o�
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aS e -t-c .
Dated� 1-1
471S
STATE OF Bfrtl100.I"A SS.
COUNTY OF�g
On this _ day of in the year J,
before me*theuldersi ned,allotarvrub c mand fo saidState, personallyappeared�gBrsonwn to me
I] proved to rre on the basis of satisfactory evidence
to be the person whose name is subscribed to this instrument, and acknowl-
edged to me that he (she or they) executed it.
92-
�
L. AOTAIIY PeKIC - SWE Of Yanss
-D�E�GH.N/�
sign �ANO
�O.a? �HOTARYUSLICSAID ST
rrhe are, Ia official ""anal seal)
i
J
e
Grp ,it -LA Quly
APPROGED BY PLANNING & DEVELOPMENT DEPARTMENT
BY c—'� a n.I DATE D I d
EXHIBIT �-
CASE NO.
.4?,
r N
w E
.5
Gaf 4NV6✓L(rjT/s'l�rt/fMe 92-165
H E C 1 T Y
October 16, 1992
Ms. Madeline Sargeant
c/o Sheri Sargeant
P. O. Box 1082
La Quinta, CA 92253
•sion
Ia
e
�yinta
19A2La
- I99?
Ten Carat Decade
SUBJECT: LOT LINE ADJUSTMENT 92-166
Dear Ms. Sargeant:
This is to inform you that your lot line adjustment has been approved by the Planning and
Development Department. Attached are copies of the approved exhibits and deeds which we
have sent to the County Recorder's Office for recordation.
PLEASE NOT NO ACTION IS REQUIRED FROM YOU AT THIS TIME. We will mail you
the deeds once they are recorded and returned to us.
Should you have any questions regarding this matter, please contact the undersigned.
Very truly yours,
JERRY HERMAN
PLANNING & DEVELOPMENT DIRECTOR
``s� a) 4 4aoAm
STAN B. SAWA
Principal Planner
SBS:bja
Attachments
City of La Quinta
Post Office Box 1504 ♦ 75-105 Calle Estado
La Quinta, California 92253
LTRSS.242 Phone (619) 564-2246, Fax (619) 564-5617
Design& Producvon Mart Pa'mer Design6199460772
MAILING ADDRESS: P.O. BOX 25019 • SANTA ANA, CALIFORNIA 92799-5019 • (714) 835-1500
September 29, 1992
Madeline A. Sargent
P.O. Box 1082
La Quinta, CA. 92253
Re: Loan Number 381289
Dear Ms. Sargent:
In regard to your letter received September 22, 1992, this letter is to advise you
that California Mortgage Service has no interest in Lot 13. Since you paid cash
for that portion of property (Lot 13) to a private lender, you can do what ever
you wish to do with that Lot.
California Mortgage Service only has interest in Lot 12. I have enclosed a copy
of the Deed of Trust and a copy of the Title Policy for your records.
If you have any further questions regarding this matter, please do not hesitate to
contact the undersigned.
Sincerely,
CALIFORNIA MORTGAGE SERVICE
fJanci Jimene��
Payoff Manag,
cc: file
encl.
r�
0
RECORDING
N
REQUESTED BY:
$
Stewart
Title Co.
----------------
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C}t
W F
(�
AFTER RECORDING MAIL TO:
py a
0
�
Madeline A. Sargent
w
\
_ _
P.O. Box 1082
LaQuinta, Ca. 92253
------------ ---- -- —
— ABOVE SPACE FOR RECORDER'S USE
----
!con—No: R-7979 FULL RECONVEYANCE
STEWART TI'rLE COMPANY OF RIVERSIDE COUNTY, a California corporation, as Trustee under Deed of Trust,
_June 27_ .... ._.. 19. '89, made by _. ---._......__.
MADELINE A. SARGENT, an unmarried woman
Truaor: atnl let ordrd as In,truit, nl No. 235197 _ on July-14. ___--...... 19_89_...,
in Book _. _1989 - pap,._ 235197 of Ofit i;d Retold, in Ilse ollice of the County Recorder of
Riverside l.tunty. (.alilurnia.
Lots 12 and 13 in Block 251 of Unit 23 of Santa Carmelita at: Vale La Quinta,
as shown by Map on file in Book 20, page 25 of Maps, Records of Riverside
County, California.
having received trout holder of the ohligations thereunder a written request to reconvey, reciting that all
SLIMS Secured by said Deed of 1 ILIA hove beCll lolly paid, and Said Deed of 'trust and the note or notes
secured thereby (hiving been surrendered to said Trustee for cancellation, does hereby RECONVEY with-
out warranty, to the persons legally entitled thereto, the estate now held by it thereunder.
IN WITNESS WHEREOF, STEFVART TITLE COMPANY OF RIVERSIDE COUNTY, as Trustee, has
caused its corporate name and seal to be hereto affixed by its Vice President, thereunto duly authorized.
Dated .....July 17, 1991_ STEWART TI"rLL COMPANY OF RIVERSIDE COUNTY
aS'I'rustcc
STATE OF CALIFORNIA ✓, J
COUNTY OF B_v............. ��iz.1 /.............
.Riverside ............................. JER1j�S, ice President
On ........... ............. July ...17.,_1.9.91..............._..... ... ._hulo e file, dw undersigned, a Notary Public in and for said County
and State. personally appeared........_........JERRY...PARKS.,....._................. .__........_....._._.................... ..... ..... ................
known to me to be the Vice President of the Corporation that execatad the within instrument, known to file to be the
person who executed the within instrwnent on hchall of the Corporation therein named, and acknowledged to me that such
Corporation e� led the within instnnnent pursuant to its by-laws or a resuh pion ohits Board of Directo
N h-rNESS Jiro ha/d and otllcild sad.
Sig nat
REHE JONNSO
NOTARY PUBLIC—CALIFORNIA
PRINCIPAL OFFICE IN
RIVERSIDE COUNTY
p.nkes Feb. 26. 19
Name (Typed or Printna)
7'_-45
area for official notarial seal)
COASTAL COUNTIES ESCROW
74-350 ALESSANDRO, SUITE A-2
PAIM DESERT, CALIFORNIA 92260
(619) 340-2592
SALE ESCROW INSTRUCTIONS
To: COASTAL COUNTIES ESCROW
DATE: June 23, 1992
ESCROW NO: 4995-J Kash through esr.row...... $ 25,500.00
ESCROW OFFICER: Jackie Feldman
PROPERTY ADDRFSS: Vacant Land !Total Consideration...... $ 25,500.00
La Quinta, CA 92253
and will deliver to you any instruments executed by me that are called for below, and
any additional funds to enable you to comply with these instructions: all of which
together will equal the total consideration herein of $25,500.00, which you shall
deliver when you can obtain a Grant Deed to the hereinafter described property and a
C.L.T.A. Standard Form Policy of Title Insurance with liability equal to t:he total
consideration herein, on the following described real property in the State of
California, County of Riverside, being:
Lot 14 of block 251, Santa Carmelita at Vale La Quinta, Unit No. 23, as per map
recorded in book 20, page 25 of maps in the office of the County Recorder of said
County.
Showing title vested in:
David Ross Miller, a married man as his sole and separate property (Escrow Holder is
instnucted to prepare and record a Grant Deed to reflect the above vesting).
SUBJECT ONLY TO:
A) All of the installment(s) of General and Special Country Taxes, assessments
of any governmental body, including district levies, payments of which are included
and collected therein, for current fiscal year, not delinquent:, including taxes for
the ensuing year, a lien not payable.
e) Covenants, conditions, restrictions, easements, rights of way and the exception
and reservation of any oil, gas, water and hydrocarbon substances, on or under said
land, now of record and/or reserved in deer] to file, if any, affecting the use and
occupancy of said land.
C) Bonds and assessments are to he paid current by seller and assmumed by buyer, if
any.
INSTRUCTIONS:
SELLER(s) agree to hand escrow holder a duly executed 1099/1096 Information
Authorization for the report_ of Real Estate Transaction in accordance with Internal
Revenue Code Section 6045(e). BUYER and SELLER are aware the closing of this escrow
may be delayed until such time as SELLER has complied with the 1987 Tax Reform Act as
set forth herein.
BUYER to approve or disapprove the Preliminary Title Report prior to close of. escrow.
Buyer and seller are aware that the property will be reassessed upon change of
ownership. A supplemental tax bill will be received which may reflect an .increase or
decrease in taxes based on the property value. If there is an impound for taxes with
a lender, the amount of the periodic impound payment may change.
PRORATTONS AND ARR1SIMENTS to he made on the basis of a 30 day month on the items
below as of close of. escrow:
TAXES, current installment, on the basis of the latest available tax statement.
(If amount is unavailable for current year, based upon 2nd half of latest fiscal
year.)
The foregoing terns, covenants and conditions, as well as the ESCROW TNSTRUCTIONS
attached hereto, which are i.ncorporated herein, have been read, accepted and approved
by me. Deliver title i.nsuranre policy to insured. instruct County recorder to mail
deed to me. Start search of title at once. I pay buyer's escrow fee, recording deed
and new loan instruments, i.f any, lender's transfer or new loan fee, if any, first
year's hazard insurance premium, if any, Trustee's service fees, if any.
�
4 . Fla
David Ross Miller
I have read, accept and do hereby approve the foregoing terns, covenants and
conditions, and the ESCROW TNSTRUCTTONS attached hereto, which are incorporates]
E
herein. On or before 08/24/92 I will hand you the deed called for above which you
shall deliver, when you can obtain the policy of title insurance called for and hold
for my account the sum of $25,500.00. Pay all encumbrances of record necessary to
place title in condition called for. I will hand you any funds and instruments
required for such purpose. Deliver policy of title insurance to insured. Start
search of title at once, which I pay, regardless of consumation of this escrow. I
Fay for policy of title insurance, Seller's escrow fee, reconveying of encumbrances
of record, if any, drawing deed.
William R. R
Page 2 of 2 Pages
®ESCROW INSTRUCTIONS
You are hereby jointly and severally retained by both and each of us, solelyas an escrow holder, to perform for our mutual and individual benefit, the
following exclusive escrow services:
(A) SALE OR TRANSFER: On Page No.I hereof isa statement of the terms,covenants and conditions of the within contemplated sale.The same by
reference thereto is made a part hereof. You are not to be interested therein or controlled thereby, except as to tire receipt of monies or documents therein
indicated to be delivered to you, and the eventual exchange or return of the same as hereinafter provided. Close of Escrow shall be deemed the date of
recordation of deed or conveyance required by the sale or transfer hereof.
(B) ADJUSTMENTS: You shall adjust the following upon a thirty day month basis:
(1) Taxes for the current year, based on tax amounts disclosed on last available tax bill;
(2) Premiums on fire insurance policies as (landed you;
(3) Interest on loans of record, based on a statement from the lender;
(4) Debit buyer and credit seller with amount of impounded funds as disclosed by said s(alcmenl;
(5) Rents, based on statement from seller, subject to Buyers approval prior to the close of escrow. You shall assume that Seller will collect all
rents which fall due prior to close of escrow;
In the handling, transfer orassignment of any of lire aforegoing matters orsubjects, to the degree and in the manner that you shall act therein, you shall act
as the agent and attorney -in -fact, you being hereby appointed and designated as such, of the party anticipated or required to so act. In so doing, you may
assume that such documents and policies are in force and effect, all premiums and like charges have been paid, and that none of the same has been
hypothecated, in whole or in part.
(C) AUTHORIZATIONS: You are authorized, empowered and directed, as follows:
(1) All funds received herein may be deposited with olhcr escrow funds in your escrow trust account with any bank or depository authorized by
the Federal or Slate Government, and maybe translerred to n(her such trust accounts from time to time, as may be proper in yourdiscrelion.
Such trust accounts and the funds respectively deposited ineach of the same shall constitute one general escrow trust fund. All disbursements
shall be made by agents of your escrow company;
(2) Deposit any funds or documents rcceiverl by you herein, jointly or severally, as you deem necessary for the per rposes hereof, with any bank,
title insurance company, savings and loan association, bust company, industrial loan company, credit union, admitted insurer or licensed
escrow agent, any such deposit shall be deemed in accordance herewith;
(3) Draw,complete, fill in and arra nge for execution or acknowledgment of any document, instrument orwriting hereinconlcmplated or requisite
hereunder, including but not limited ill terms of conveyances, encumbrances and the like, and make a reasonable charge to the person con-
templalcd herein who caused the same to be made, executed and delivered, including any of the aforesaid acts or such acknowledgment;
(4) Record any documents delivered inloorthrough thiscscrow,if necessary or proper, in compliance herewith, paying therefore all fees thereby
required and placing thereon all internal revenue stamps requisite thereto, such fees and costs of stamps to be an expenditure hereunder
authorized;
(5) Destroy or otherwise dispose of any oral]documents, instruments or writings received by you herein and accounting ordisbursement records
pertaining hereto at the expiration Of five years Iron and after the inillal dale hereof, regardless of any subsequent novalions thereto or the
dale of close of escrow, without liability or further notice to ally of the parties here(();
(6) []Pon thecomp]iance with the provisions hercofand there appearing to you. in your discretion, no reason for not sodoing, you may close the
within escrow and conclude the same, in which event, you may retain, on your own behalf, your charges, costsand fees, and charge the same
in your accounting against the person liable therefore or who assumes the same, pursuant to paragraph (E) (4);
(7) Assert, claim and levy a lien, and you are hereby given such Ilea by each party hereto, upon all the rights,titles, lulerestsand equities ofeach
respective party hereto, In all escrowed documents, instruments, Writings, papers, Property or monies deposited herein, or coming into your
possession hereunder, to protect, indemnify and reimburse you hereunder, or pursuant to any provision thereof.
(D) RESPONSIBILITY EXCLUDED: You shall not, in any manner or theory, be responsible for or liable upon the following:
(1) The sufficiency,correctness, genuineness or validity ofanydocumenl, instrumemor writing deposited with you heremorwilh reference to the
form, contents or execution thereof, or the identity, authority or rights of persons executing or depositing any of the same;
(2) To ascertain the terms, covenants or conditions of any document, instrument or writing deposited with you or to examie into, require or
comply in any respect therewith;
(3) Liability foranyloss that may occur by reason of forgeries, false representations or the exercise of your discretion in any particular manner or
for any reason except gross neglect or wilful misconduct;
(4) For any act, duty, requirement or obligation not expressly required of you hereunder or specifically slated herein;
(5) To notify any person, including but not limited to the parties hereto, of any sale, resale, loan, exchange or other transaction involved herein
as to property or rights that are the subject hereof or incidental thereto, orally Profit, increase or advantage of any person, firm orcorporation,
including but not limited to anybroker oragent of any party hereto in connection therewith, regardless of the fact that such transactions may
be directly or indirectly handled by you in connection with the within escrow or any other escrow, or come to your knowledge, in any form
whatsoever;
(6) Forthe payment, examination as toamounl, propriety or validity ofany tax, including but not limited to personal property, corporate, business
or license tax of any description, assessed against, chargeable or payable by either of the parties hereto;
(7) For amendments, supplements, novations, omissions or eliminations hereof or hereto, not in writing signed by all parties hereto and
possession thereof not actually delivered physically to you;
(8) Forany termination, conclusion orcancelling of the within escrow. unless full and complete compliance be had to your satisfaction with the
provisions of paragraph (E) (2);
(9) For any liability predicated upon any relationship other than that of anescrow holder, it being specifically irrevocablyand conclusively under-
stood, agreed and deemed that no other legal relationship is hereby created or shall be hereby implied, assumed or come into being. Your
liability as an escrow holder shall be limited as herein otherwise provided.
(E) GENERAL PROVISIONS:
(1) With reference to the escrow herein, the within instructions and the documents thereto annexed, supercede any other contract, agreement or
understanding of the parties, such escrow holder to be disinterested (herein or controlled thereby;
f2) If the within escrow is not in condition to close by the date first mentioned in Buyer's Instructions on Page I hereof, either party hereto may
(hereafter, either personally serve, or mad by registered or terrified io til, postage fully prepaid in the other party, at tile address designated for
such partyon Page I hereof, pursuant it) paragraph (A) hereof, a notice of election to terminate the within escrow, upon proof thereof to your
satisfaction and without responsibility or liability as to the sufficiency of such notice upon the elapse of five (5) days after persona] service or
scven(7)days after actual mailingas aforesaid; you are authorized to terminate the within escrow, in the manner hereinafter provided At your
election, you may apportion the charges, costsand fees orthisescrow between its as you deem each of its is liable under the provisions hereof
or any assumption made hereunder. 'I flat your decision in such regard, and the amount thereof shall be binding and conclusive as to each of
us, who shall forthwith pay you such respective amount. You are under no obligation to cancel the within escrow until you are paid in full
hereunder.
(3) Should you before,oraf(erclose of escrow receive, or become aware, of any confliclingdemands or claims with respect to lhisescrow or the
rights of a ny of (Ire parties hereto, or any (honey or property deposited herein or alfecled Hereby, you shall have the right to discontinue any or
all further acts on your part until such conflict Is resolved to your satisfaction. You shall have the further riUhl to commence or defend any
action or proceedings for the determination of such conflict. The parties hereto jointly and severally agree to pay all costs, damages,judgmenls
and expenses, including reasonable attorney( lees,suffered orincurred by you in connection with, orarisingoul of lhisescrow, including, but
without limiting the generality of the foregoing, a suit in interpleader brought by you. In (he event you file a suit in mterpleader, you shall
ipso facto be fully released and discharged from all obligations fmthcr to perform a.,yand all duties or obligations imposed upon you in this
escrow;
(4) You play reguireany partyhcreto. asa condition precedent to yuurconcluding orclosing the within escrow, lodcliMil therein the amount you
deem requisite to Pay any costs or charges of such escrow, err tee err Ices lit which you arc entitled lawn such party or parties, or to hold you
harmless from and against all costs, da ma ges, j udgme nts, attorney's fees, expenses, obligalinnsanJ liabilities which you feel or believe you may
incur or sustain in connection will', orarising out Of the within escrow, or any clain) or litigation thereon, or pertaining thereto, or to any deposit
therein, in whole or in part. You may also require of the party or parties hereto, liable or responsible therefrom and therefor, that there be
deposited with you, as aforesaid, funds and monies you deem requisite to pay all encumbrances or other claims, demands or assessments of
record, necessary to place Idle to the subject hereof. in lire condition called for under the provisions of paragraph (A) hereof. In the event
the same be not done in full, yoo are not under any requirement to further proceed in the ithin escrow, or the concluding or closing thereof,
unless the other party hereto, in writing, assumes the Same orcan deposit the balance thereof, and if required by you, makca deposit thereon;
(5) Time is of the essence hereof;
(6) Each party hereto acknowledges receipt of a copy hereof;
(7) The within may be executed in counterparts, each such copy being an original thereof;
(8) When necessary to the context hereof orlhe contents hereof, the singtdarshall include the Plural, orconlra, and the gender used, shall include
the proper gender;
(9) The provision hereof shall bind each party hereto and his respective heirs, administrators, executors, assigns, trustees, guardians, conserva-
tors, receivers and successors in interest;
(10) The precedingsub-paragraph shall beapplicable loanycorporation that isu party hereto, to the maximum degrcecontemplated hereunder.
It shall he conclusively deemed that any execution of a corporation hereof or hereunder Was itrade upon due. full, legal and complete authority
therefor by the governing body of such corporation, bosh as to the subject matter and the patties signing on behalf of such corporation.
ADDENDUM TO ESCROW INSTRUCTIONS
Effective January 1, 1990, AB 512 enacts a new Section 12413.1 to the
State of California Insurance Code that regulates Real Estate Escrow
disbursements by Title Insurance Companies, controlled escrows and
underwritten Title Companies. The Bill requires that checks be deposited
by the Title Companies prior to escrow disbursements.
Buyer/Borrower and/or Seller are advised that the manner in which lenders
funds are disbursed to the Title Company will determine the actual closing
date of escrow. Lenders funds disbursed by WIRE TRANSFER, CASHIER'S CHECK,
OR TELLER'S CHECK will have next day availability. Lender's funds
disbursed by out-of-state checks (or in the case of Mortgage Brokers or
Mortgage Bankers, by corporate check) may require up to seven (7) days for
availability. It is the responsibility of the Buyer/Borrower and/or Seller
to ascertain the method by which funds will be disbursed and their
availability for use by the Title Company. Buyer/Borrower may be liable
for interest from the date of funding regardless of the instrument used by
the lender for disbursement. Funds must be received by the Title Company
and actually deposited into their trust fund account on the day prior to
recording. Therefore, an afternoon funding could cause a delay in closing.
A special recording is not possible unless the funds are wire transferred.
Escrow holder will authorize recording only when the Title Company is in a
position to disburse funds immediately after recording. In the event of a
delay caused by the lender's manner of funding, no additional instructions
will be required from Buyer/Borrower/Seller regarding the actual day of
recording and disbursement. Escrow holder is hereby authorized to proceed
with the close of escrow and disbursement of funds in the manner required
as set forth herein above.
Funds disbursed by the Title Company to escrow holder will be either by
wire transfer, certified check, cashier's check, or Teller's check.
Parties understand that escrow holder cannot issue checks until clear
funds are received from the Title Company, which may result in
disbursement by escrow holder the day following recordation.
Should the Title Company need funds from escrow holder, escrow holder is
required to have cleared funds on deposit to issue a trust account check
(which funds will have to be cleared by the Title Company) or wire
transfer to the Title Company. This means that closing funds should be
deposited in escrow more than two business days prior to close of escrow.
All deposits to close escrow must be made by WIRE TRANSFER or CASHIERS
CHECK by Buyer/Borrower and if necessary, by Seller.
Initial Initial
Initial Initial
® SKETCH ADDENDl1M 0
Borrower/Client SARGFNT _
Property Address 53960 AVFNIDA NAVARRO l—O 2— _
City I A QUINTA County RIV RSID State CCALIFORNIA zip Code 92253
Lender
28
UTILITY
BATH CLOSET
22.5 KITCHEN
BEDROOM
DINING
AREA
6 �—
BATH
C
L
n
15
LIVING ROOM , BEDROOM
6
6 STORFGE
6 17
C
I A
R
19.5 i P �-
0
R
L T
^17
RESIDENCE:
ENTRY
4.5 5 4.5
12
43.5
43.50 X 34.00 = 1479.00 SQUARE FEET
LESS:
22.50 X 6.00 =-135.00 "
5.00 X 4.50 = - 22.50 "
TOTAL = 1322.00 SQUARE FEET (ROUNDED)
CARPORT:
19.50 X 17.00 332.00 SQUARE FEET (ROUNDED)
FW-73A HYG 89 c1930 Forms and Worms" Inc., 315 WhilneN Ave., New Haven, CT 06511 All Rights Reserved 1 (9001 243,4545 Item N1129U