2007-09-07 First American Title Company Escrow InstructionsSt ANP, p,C
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First American Title Insurance Company
National Commercial Services
3281 E Guasti Road, Suite 440, Ontario, CA 91761
(909)510-6208 - Fax (909)510-6226
AMENDMENTTO
ESCROW INSTRUCTIONS and/or PURCHASE CONTRACT
To: First American Title Insurance Company 09/07/2007
National Commercial Services
File No: NCS-206561-ONT3 (LK)
Re: Parcels 6 & 7 on PM No. 31116, La Quinta, CA
The above referenced escrow is hereby modified in the following particulars only:
RELEASE OF PORTION EISENHOWER RETENTION FUNDS: The within parties herein advise that the
completion/opening of the Hotel has occurred and all parties herein acknowledge and approve the release of
$500,000.00 from the Eisenhower Retention Funds Hold account to CP Development La Quinta, LLC to be wired
as follows:
1stCentennial Bank
77-900 Fred Waring Drive., # 100
Palm Desert, CA 92211
ABA 122241954
Account Name: CP Development La Quinta, LLC
Account Address: 77-564 Country club Drive, Suite 100, Palm Desert, CA 92211
Account Number: 0412000121
The balance of the funds shall be retained in the Eisenhower Retention Fund Hold account pending further
written disbursement instructions from all the within parties.
ALL OTHER TERMS AND CONDITIONS OF THIS ESCROW WILL REMAIN THE SAME.
Page 1 of 2
First American Title Insurance Company National Commercial File No.: NCS-206561-ONTI (LK)
Services
Eisenhower Medical Center, a California non-
profit public benefit corppr on
By:., Title: ?ca�Sty%L (,C—
CP Development La Quinta, LLC, a California
limited liability company
By: Oliphant Enterprises, Inc., a California
corporation, Its Manager
•'D8!P Q'!�
By: Richard Oliphant, President
La Quinta Redevelopment Agency,
a � bo ,, corporate arid'pol' i
By: , /U
Thomas P. Genovese, Executive Director
Page 2 of 2
Date:09/07/2007