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612 Jefferson Ave #502
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612 Jefferson
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612 Jefferson Ave #502
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10/26/2022 3:45:51 PM
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10. City of Redwood City Full Reconveyance for City Deed of Trust <br />11. City of Redwood City Full Reconveyance for HOME Deed of Trust <br />12. Housing Authority of San Mateo County Deed of Reconveyance for AHF 2.0 & <br />6.0 Move to Work Funds <br />13. San Mateo County Deed of Reconveyance for CDGB Funds <br />14. San Mateo County Deed of Reconveyance for Measure K Funds <br />15. HEART Deed of Reconveyance <br />16. HEART Termination Agreement <br />17. Notice of Right to Downtown Operations <br />D. Conditions to Close of Escrow. "Close of Escrow" for the sale of each Unit means the <br />fulfillment of the Escrow terms and conclusion of the Escrow, including, without limitation, the <br />execution of unexecuted documents, the recordation of documents specified for recording, the <br />issuance of title insurance policies, the payment of fees and the delivery of documents as directed <br />in these Instructions. The Close of Escrow for each Unit shall occur on the earliest date on which <br />Escrow Holder is able to comply with all of the instructions contained in the relevant Purchase <br />Agreement and these Instructions ("Closing Date'D. <br />The following are conditions to the Close of each Escrow: <br />I. Title Company shall be irrevocably committed to issue (a) to the Buyer an ALTA <br />Owner's Title Policy insuring the Buyer's fee title in the Unit in the amount of the <br />applicable purchase price ("Owner's Policy"), and (b), an ALTA lender's policy <br />of title insurance insuring the lien of the Habitat Deed of Trust ("Lender's Policy"). <br />The County of San Mateo and Housing Authority of the County of San Mateo may <br />acquire title insurance at their sole cost. <br />2. You have received written authorization to close from Habitat from Maureen <br />Sedonaen, CEO, msedonaenQa habitatgsf.org and from City from Simarjit Kaur, <br />skak a--)redwoodcity.orss. <br />E. Procedure for Close of Escrow. On the Closing Date, Escrow Holder shall complete the <br />Close of Escrow as follows and in the following order (unless otherwise stated, all Recordable <br />Documents are to be recorded with the San Mateo County Recorder): <br />1. Attach correct legal descriptions to all documents, where so required; <br />2. Obtain full execution of all unexecuted documents; <br />3. Date all undated documents as of the Closing Date; <br />4. Record the Recordable Documents in the Priority Order listed in Paragraph C <br />above; <br />5. Determine all closing costs and fees; including without limitation, all charges, fees, <br />taxes and title insurance premiums payable on Close of Escrow and any other fees <br />and charges approved for payment from Escrow by Habitat and deduct such fees <br />from the proceeds deposited by Habitat in Escrow; <br />6. Issue the Owner's Policy to the Buyer and the Lender's Policy to Habitat; <br />ATTY/AGR/2022.203 — 612 JEFFERSON JOINT ESCROW INSTRUCTIONS V1 <br />REV: 07-28-22 SK <br />Page 3 of 5 <br />
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