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Resolution No. 2016-010PER LILY HERNANDEZ ON AUGUST 2016 & APRIL 2019 PROPERTY SALE DOCUMENTS ARE ON A CD IN CITY ADMINISTRATION FOR RECORDS REQUESTS CONTACT CITY ADMINISTRATION FOR THE RESPONSIVE INFORMATION Juarez, Debbie From: Juarez, Debbie Sent: Monday, April 22, 2019 5:21 PM To: Hernandez, Lilia Subject: FW: 6044 STAFFORD, 6042 STAFFORD, 6036 STAFFORD - SALE OF PROPERTY INFO Hi Lily. When you have a chance, please send me the CDs that have the purchase and sale agreements for the file. If your office is going to keep them, please respond to this email so that I can note my records. Thank you. rDe6orab R Juarez ftcorSr wanage t city of Neman -City Cforks Office 4303 Santa 'PeAaenue Nemon, CA 90058 (323)583-8811'Ett 213 0 From: Juarez, Debbie Sent: Wednesday, August 24, 2016 5:33 PM To: Hernandez, Lilia Subject: 6044 STAFFORD, 6042 STAFFORD, 6036 STAFFORD - SALE OF PROPERTY INFO Hi Lily. Please send me the purchase and sale agreements that you have on file for the above -referenced properties. Thank you. 4k6ora67uarez Rrcmds wanaiy m t City of Nemon - City CferF,'s Office 4305Sanra Telly nue Nemm14 CA 90058 (323) 583-8811 'Eq. 213 RESOLUTION NO. 2016-10 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF A CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT AND JOINT ESCROW INSTRUCTIONS, AND ALL RELATED DOCUMENTS, WITH JONNY SANCHEZ FOR THE REAL PROPERTY LOCATED AT 6036 STAFFORD AVENUE, HUNTINGTON PARK, CA 90255 WHEREAS, on September 1, 2015, the City Council of the City of Vernon adopted Resolution No. 2015-60, a services agreement by and between the City of Vernon and Century 21 Allstars and Luther Sanchez to serve as the City's real estate agent for the sale of three residential properties owned by the City; and WHEREAS, on October 6, 2015, the City Council authorized the City Administrator to, under the advice and guidance of the City's real estate agent, negotiate specific terms and execute any documents related to the sale of the properties on behalf of the City; and WHEREAS, by memorandum dated March 1, 2016, the Interim City Administrator has recommended the approval of California Residential Purchase Agreement and Joint Escrow Instructions, and all related documents (the "Agreement"), with Jonny Sanchez for the real property located at 6036 Stafford Avenue, Huntington Park, CA 90255; and WHEREAS, the City Council of the City of Vernon desires to approve the Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: The City Council of the City of Vernon hereby finds and determines that the above recitals are true and correct. SECTION 2: The City Council of the City of Vernon finds that this action is exempt under the California Environmental Quality Act (CEQA), in accordance with Section 15061(b)(3), the general rule that CEQA only applies to projects that may have an effect on the environment. SECTION 3: The City Council of the City of Vernon hereby approves and authorizes the execution of (i) a California Residential Purchase Agreement and Joint Escrow Instructions, a copy of which is attached hereto as Exhibit A, (ii) all related documents, copies of which are attached as Exhibit B, and (iii) the Seller's Closing Statement, a copy of which is attached here to as Exhibit C, with Jonny Sanchez for the real property located at 6036 Stafford Avenue, Huntington Park, CA 90255. SECTION 4: The City Council of the City of Vernon hereby instructs the City Administrator, or his designee, to take whatever actions are deemed necessary or desirable for the purpose of implementing and carrying out the purposes of this Resolution and the transactions herein approved or authorized, including but not limited to, any non -substantive changes to the Agreement attached herein. SECTION 5: The City Council of the City of Vernon hereby directs the City Clerk, or the Deputy City Clerk, to send a fully executed Agreement to Jonny Sanchez. - 2 - SECTION 6: The City Clerk, or Deputy City Clerk, of the City of Vernon shall certify to the passage, approval and adoption of this resolution, and the City Clerk, or Deputy City Clerk, of the City of Vernon shall cause this resolution and the City Clerk's, or Deputy City Clerk's, certification to be entered in the File of Resolutions of the Council of this City. APPROVED AND ADOPTED this 1st day of March, 2016. ATTEST: Marja E. A la City Cle/ Deputy APPROVED AS TO FORM: I�r 1" Brian Byun, Dep V y City Attorney Name: W. Michael McCormick Title: Mayor / yo - 3 - STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) Maria E . Ayala I, City Clerk / n n„};, rat j, r, c«� of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 2016-10, was duly passed, approved and adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Tuesday, March 1, 2016, and thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of Vernon. Executed this day of March, 2016, at Vernon, California. (SEAL) - 4 - Maria E. &tala City Clerk / Depitp Cterl j C A L I F O K N I A CALIFORNIA A S S O C I A T 10 N RESIDENTIAL PURCHASE AGREEMENT OF R E A L T O R S AND JOINT ESCROW INSTRUCTIONS (C A.R. Form RPA-CA, Revised 12r1s ) Date Prepared: 0112012016 1. OFFER: A. THIS IS AN OFFER FROM JONNY SANCHEZ ('Buyer). B. THE REAL PROPERTY to be acquired is 6036 STAFF+ORD AVE HUNTING TON PARK CA 00266 , situated in HUNTINGTON PARK (City), (County), Caftmis 9025 (Zip Code), Assessors Parcel No 63200f0272 ('Property C. THE PURCHASE PRICE offered is Three Hundred Nkm)L- /ght Thousand Dollars S 3H 000.00 D. CLOSE OF ESCROW shall occur o (date)(otX 30 Days After Acceptance). E. Buyer and Seller are referred to herein as the 'Parties.' Brokers are not Parties to this Agreement 2. AGENCY: A. DISCLOSURE: The Parties each acknowledge receipt of a x Disclosure Regarding Real Estate Agency Relationships (CA.R. Form AD). B. CONFIRMATION: The following agency relationships are hereby confirmed for this transaction Listing Agent CENTURY21 ALLSTARS (Print Firm Name) is the agent of (check one) X the Seller exclusively, or both the Buyer and Seller. Selling Agent CENTURY21 ALLSTARS (Print Firm Name) (if not the same as the Listing Agent) is the agent of (check on* the Buyer exclusively; qr the Seger exclusively; o� both the Buyer and Seger C. POTENTIALLY COMPETING BUYERS AND SELLERS: The Parties each acknowledge receipt of a Qf 'Possible Representation of More than One Buyer or Seger - Disclosure and Consent (CAR. Form PRBS). 3. FINANCE TERMS: Buyer represents that funds will be good when deposited with Escrow Holder. A. INITIAL DEPOSIT: Deposit shag be in the amount of . . .. .. 1 . ............................ S 3000.00 (1) Buyer Direct Deposit: Buyer shag deliver deposit directly to Escrow Holder by electronic funds transfer, cashiers check personal check, other within 3 business days after Acceptance (or ). OR (2) Buyer Deposit with Agent Buyer has given the deposit by personal check (or ) to the agent submitting the offer (or to ), made payable to . The deposit shag be held uncashed until Acceptance and then deposited with Escrow Holder within 3 business days after Acceptance (or ) Deposit checks given to agent shag be an original signed check and not a copy. (Note: Initial and Increased deposits checks received by agent shag be recorded in Brokers trust fund log.) B. INCREASED DEPOSIT: Buyer shag deposit with Escrow Holder an increased deposit in the amount of-. within Days After Acceptance (of ) If the Parties agree to liquidated damages in this Agreement, they also agree to incorporate the increased deposit into the liquidated damages amount in a separate liquidated damages clause (CAR. Foam RID) at the time the Increased deposit is delivered to Escrow Holder. C. ALL CASH OFFER: No loan is needed to purchase the Property. This offer is NOT contingent on Buyer obtaining a loan. Written verification of sufficient funds to close this transaction IS ATTACHED to this offer or Buyer shall, within 3 (or ) Days After Acceptance, Deliver to Seger such verification. D. LOAN(S): (1) FIRST LOAN: in the amount of .......................................................... S 37d 100.00 This loan will be conventional financing or FHA, VA, Seller financing (CAR. Form SFA), assumed financing (CAR. Form AFA), Other . This loan shall be at a fixed rate not to exceed % or, an adjustable rate loan with initial rate not to exceed lit. Regardless of the type of loan, Buyer shall pay points not to exceed % of the ban amount. (2) SECOND LOAN in the amount of ....................................................... S This loan will be conventional financing or Seger financing (CAR. Form SFA), assumed financing (CAR. Form AFA), Other . This loan shall be at a fixed rate not to exceed % or, an adjustable rate ban with initial rate not to exceed %. Regardless of the type of loan, Buyer shall pay points not to exceed '% of the loan amount. (3) FHANA: For any FHA or VA loan specified in 3D(1). Buyer has 17 (or ) Days After Acceptance to Deliver to Seller written notice (CAR. Form FVA) of any lender -required repairs or costs that Buyer requests Seller to pay for or otherwise correct. Seller has no obligation to pay or satisfy lender requirements unless agreed in writing. A FHA/VA amendatory clause (CAR. Form FVAC) shag be a part of this Agreement. E. ADDITIONAL FINANCING TERMS: F. BALANCE OF DOWN PAYMENT OR PURCHASE PRICE in the amount of . ............ $ 16,900.00 to be deposited with Escrow Holder pursuant to Escrow Holder instructions G. PURC MICE (TOTAL) .................................. S 396 00000 Ds Buyers Initials ( r ) Seller's s ln 0 1991.2015. Cairomka Anodadan of REALTORSO. Mx:. C eai RPA-CA REVISED (P 12115 1 AGE 1 OF 10) CALIFORNIA RESIDENTIAL U R MEW fRpA_CA PAGE I OF 10 Ceanwr 21 Albien ekSS TOWsph Rd Ike Rhae, CA MW Bane (SR072.MZ Fauae&d Mutia ReMn IRodveed WO game by apLa" 1 asro FA men"Read rrq Michyen A02a tatlitljOl—O Property Address. 6030 STAFFORD AVE MUN17NGTON PARK CA 90255 Date: January 20e 2016 H. VERIFICATION OF DOWN PAYMENT AND CLOSING COSTS: Buyer (or Buyers lender or ban broker pursuant to paragraph W(1)) shall, within 3 (or ) Days After Acceptance, Deliver to Seller written verification of Buyers down payment and closing costs. ( Verification attached.) I. APPRAISAL CONTINGENCY AND REMOVAL: This Agreement is (or is NOT) contingent upon a written appraisal of the Property by a licensed or certified appraiser at no less than the purchase price. Buyer shall, as specified in paragraph 148(3) in writing, remove the appraisal contingency or cancel this Agreement within 17 (or ) Days After Acceptance. J. LOAN TERMS: (1) LOAN APPLICATIONS: Within 3 (or ) Days After Acceptance, Buyer shall Deliver to Seller a letter from Buyers lender or loan broker stating that, based on a review of Buyers written application and credit report, Buyer is prequailfied or preapproved for any NEW loan specified in paragraph 30. If any loan specified in paragraph 3D is an adjustable rate loan, the prequatification or preapproval letter shall be based on the qualifying rate, not the initial loan rate. ( Letter attached.) (2) LOAN CONTINGENCY: Buyer shall act diligently and in good faith to obtain the designated loan(s). Buyers qualification for the loan(s) specified above is a contingency of this Agreement unless otherwise agreed in writing. If there is no appraisal contingency or the appraisal contingency has been waived or removed, then failure of the Property to appraise at the purchase price does not entitle Buyer to exercise the cancellation right pursuant to the loan contingency if Buyer is otherwise qualified for the specified loan. Buyers contractual obligations regarding deposit, balance of down payment and dosing costs are not contingencies of this Agreement. (3) LOAN CONTINGENCY REMOVAL: Within 21 (or ) Days After Acceptance, Buyer shall, as specified in paragraph 14, In writing, remove the loan contingency or cancel this Agreement. If there is an appraisal contingency, removal of the loan contingency shall not be deemed removal of the appraisal contingency. (4) NO LOAN CONTINGENCY: Obtaining any ban specified above is NOT a contingency of this Agreement. If Buyer does not obtain the loan and as a result does not purchase the Property, Seller may be entitled to Buyers deposit or other legal remedies. (5) LENDER LIMITS ON BUYER CREDITS: Any credit to Buyer, from any source, for dosing or other costs that is agreed to by the Parties ('Contractual Credit) shall be disclosed to Buyers lender. If the total credit allowed by Buyers lender (`Lender Allowable Credit) is less than the Contractual Credit, then (i) the Contractual Credit shall be reduced to the Lender Allowable Credit, and (n) in the absence of a separate written agreement between the Parties, there shall be no automatic adjustment to the purchase price to make up for the difference between the Contractual Credit and the Lender Allowable Credit. K. BUYER STATED FINANCING: Seller is relying on Buyers representation of the type of financing specified (including but not limited to, as applicable, all cash, amount of down payment, or contingent or non -contingent ban). Seller has agreed to a specific closing date, purchase price and to sell to Buyer in reliance on Buyers covenant concerning financing. Buyer shall pursue the financing specified in this Agreement. Seller has no obligation to cooperate with Buyer's efforts to obtain any financing other than that specified in the Agreement and the availability of any such aftemate financing does not excuse Buyer from the obligation to purchase the Property and close escrow as specified in this Agreement 4. SALE OF BUYER'S PROPERTY: A. This Agreement and Buyers ability to obtain financing are NOT contingent upon the sate of any property owned by Buyer. OR B. This Agreement and Buyers ability to obtain financing are contingent upon the sale of property owned by Buyer as specified in the attached addendum (CAR. Form COP). 5. ADDENDA AND ADVISORIES: A. ADDENDA: Addendum 9 (CAR. Form ADM) Back Uo Offer Addendum (CA.R._ Forrn BUD) Court Confirmation Addendum_(CAR. Fo__rm CCA� Septic Weft and Properly Monument Addendum (CA.R. Form SWPI) Short Sale Addendum (CAR. Form SSA) Other B. BUYE13 AND SELLER ADVISORIES: Bum Ges Inspection Advisor jC.A.R. Form 131A) Probate Advisory (C.A.R. Form PA) Statewide Buver and Seller Advise R. Form SBSA) . Trust Advisory (CAR. Form TAL REO Advisory jC.A R. Farm REO) _Short Sale Information and Advisory(CA.R. Form SSIA) Other S. OTHER TERMS: SELLER TO PROVIDE TERMITE REPORT AND COMPLETION 7. ALLOCATION OF COSTS A. INSPECTIONS, REPORTS AND CERTIFICATES: Unless otherwise agreed in writing, this paragraph only determines who is to pay for the inspection, test, certificate or service ('Report) mentioned: it does not determine who is to pay for any work recommended or identified in the Report. (1) Buyer X Seiler shall pay for a natural hazard zone disclosure report, including tax environmental Other prepared by First American Nailuraf Hazard Disclosure (2) ,S Buyer Seller shall pay for the following Report HOME WSPECTION AND APPRAISAL REPORT repered Py (3) in Buyer [)� Seller shag pay for the following Report Pre Sale Inspection from Huntington Park report and clearance prepare Qby. 1 /ram Buyers Initials ( �—i ��' ) Sellers Initials ( vV ) t l RPA-CA REVISED 12115 (PAGE 2 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 2 OF 10) P• ::,cad wah =pFanne by z" z 100r0 FRaan M to Road Fm w M ch pn 48= apm.ypUg&= UWded Property Address. 6038 STAFFORD AVE HUNniNGTON PARK CA 90255 Date: January 20, 2016 B. GOVERNMENT REQUIREMENTS AND RETROFIT: (1) Buyer X Seger shall pay for smoke alarm and carbon monoxide device installation and water heater bracing, if required by Law. Prior to Close Of Escrow CCOE7. Seller shall provide Buyer written statement(s) of compliance in accordance with state and local Law, unless Seller is exempt. (2) (1) Buyer pg Seller shall pay the cost of compliance with any other minimum mandatory government inspections and reports if required as a condition of closing escrow under any Law. (ii) Buyer X Seller shall pay the cost of compliance with any other minimum mandatory government retrofit standards required as a condition of closing escrow under any Law, whether the work is required to be completed before or after COE. (Ili) Buyer shall be provided, within the time specified in paragraph 14A, a copy of any required government conducted or point -of -sale inspection report prepared pursuant to this Agreement or in anticipation of this sale of the Property. C. ESCROW AND TITLE: (1) (a) X BuyerLK Seger shall pay escrow fee EACH PAY THEIR OWN (b) Escrow Holder shall be SELLERS CHOICE (c) The Parties shag, within 5 (or ) Days After receipt, sign and return Escrow Holder's general provisions. (2) (a) Buyer X Seger shall pay for owner's title insurance policy specified in paragraph 13E (b) Owner's title policy to be issued by SELLERS CHOICE (Buyer shall pay for any tide insurance policy insuring Buyer's lender, unless otherwise agreed to writing ) D. OTHER COSTS: (1) Buyer Seiler shall pay County transfer tax or fee (2) Buyer Seller shall pay City transfer tax or fee (3) Buyer Seller shag pay Homeowners' Association CHOA') transfer fee (4) Seller shag pay HOA fees for preparing documents required to be delivered by Civil Code §4525. (5) Buyer Seller shall pay HOA fees for preparing all documents other than those required by Civil Code §4525 (6) Buyer to pay for any HOA certification fee. (7) Buyer's Seller shall pay for any private transfer fee (8) Buyer Seller shag pay for (9) X Buyer Seller shag pay for Coordinator Commission fee to Century 21 Ailstars $275.00 (10) Buyer X Seller shall pay for the cost, not to exceed $ 450.00 , of a standard (or upgraded) one-year home warranty plan, issued by Amorkan Home Shield ,with the following optional coverages: Lf Air Conditioner Pool/Spa Other: Buyer is informed that home warranty plans have many optional coverages in addition to those listed above Buyer is advised to investigate these coverages to determine those that may be suitable for Buyer. OR Buyer waives the purchase of a home warranty plan. Nothing In this paragraph precludes Buyers purchasing a home warranty plan during the term of this Agreement 8. ITEMS INCLUDED IN AND EXCLUDED FROM SALE: A. NOTE TO BUYER AND SELLER: Items listed as included or excluded in the MLS. flyers or marketing materials are not included in the purchase price or excluded from the sale unless specified in paragraph 8 8 or C. B. ITEMS INCLUDED IN SALE: Except as otherwise specified or disclosed, (1) AN EXISTING fixtures and fittings that are attached to the Property; (2) EXISTING electrical, mechanical, lighting, plumbing and heating fixtures, ceiling fans, fireplace inserts, gas logs and grates solar power systems, built-in appliances, window and door screens, awnings, shutters, window coverings, attached floor coverings, television antennas, satellite dishes, air coolers/conditioners, pool/spa equipment, garage door openers/remote controls, mailbox, in -ground landscaping, trees/shrubs, water features and fountains, water softeners, water purifiers, security systemstalarms and the following if checked: all stove(s), except all refrigerator(s) except , all washer(s) and dryer(s), except , (3) The following additional items: (4) Existing integrated phone and home automation systems, including necessary components such as intranet and Intemet- connected hardware or devices, control units (other than non -dedicated mobile devices, electronics and computers) and applicable software, permissions, passwords, codes and access information, are ( are NOT) included in the sale. (5) LEASED OR LIENED ITEMS AND SYSTEMS: Seller shag, within the time specified in paragraph 14A, (I disclose to Buyer if any item or system specified in paragraph 813 or otherwise included in the sale is leased, or not owned by Seller, or specifically subject to a Den or other encumbrance, and (ii) Deliver to Buyer all written materials (such as lease, warranty, eta) concerning any such item. Buyer's ability to assume any such lease, or willingness to accept the Property subject to any such lien or encumbrance, is a contingency in favor of Buyer and Seger as specified in paragraph 14B and C. (6) Seger represents that all items included in the purchase price, unless otherwise specified, (i) are owned by Seger and shall be transferred free and dear of liens and encumbrances, except the items and systems identified pursuant to 8B(5) and and (ii) are transferred without Seger warranty regardless of value. C. ITEMS EXCLUDED FROM SALE: Unless otherwise specified, the following items are excluded from sale: 01 audio and video components (such as flat screen TVs, speakers and other items) if any such item is not Itself attached to the Property, even if a bracket or other mechanism attached to the component or item is attached to the Property. @) furniture and other items secured to the Property for earthquake purposes- and (Ili) os Brackets attached to walls, floors or ceilings fo ny such component, furniture or it with the Property (will be removed and holes or other damn ,s�jiIf be repaired, but not painted). Buyers Initials ( ) Seines Initials RPA-CA REVISED 12115 (PAGE 3 OF 10) O CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 3 OF 10)� Pmdudd v lh zoForme by ziplogu WO O FRNn We R :ad F am, RW pan 4802E yp=ApL=LC= Ungki Property Address: 6036 STAFFORD AVE HUNTINGTON PARK CA 90255 9. CLOSING AND POSSESSION: Date: January 20, 2010 A. Buyer intends (or does not intend) to occupy the Property as Buyer's primary residence. B. SeQer-occupied or vacant property: Possession shall be delivered to Buyer (i) at 6 PM or ( AM, PM) on the date of Close Of Escrow; (it) no later than calendar days after Close Of Escrow, or (m at AM/ PM on C. Seller remaining In possession After Close Of Escrow: If Seller has the right to remain in possession after Close Of Escrow, (1) the Parties are advised to sign a separate occupancy agreement such as C A.R. Form SIP, for Seller continued occupancy of less than 30 days. CA. R Form RLAS for Seller continued occupancy of 30 days or more, and (ii) the Parties are advised to consult with their insurance and legal advisors for information about liability and damage or injury to persons and personal and real property; and (III) Buyer is advised to consult with Buyers lender about the impact of seller's occupancy on Buyers loan. 0. Tenant -occupied property: Property shall be vacant at least 5 (or ) Days Prior to Close Of Escrow, unless otherwise agreed in writing Nob to Seger. If you are unable to deliver Property vacant in accordance with rent control and other applicable Law, you may be In breach of this Agreement. OR Tenant to remain in possession (C A.R. Form TIP). E. At Close Of Escrow Seller assigns to Buyer any assignable warranty rights for items included in the sale; and Seller shall Deliver to Buyer available Copies of any such warranties. Brokers cannot and will not determine the assignabildy of any warranties. F. At Close Of Escrow unless otherwise agreed in writing, Seller shall provide keys, passwords, codes and/or means to operate an locks, mailboxes, security systems, alarms, home automation systems and Intranet and Intemet-tonne led devices included in the purchase price and garage door openers. If the Property is a condominium or located in a common interest subdivision, Buyer may be required to pay a deposit to the Homeowners' Association ('HOA') to obtain keys to accessible HOA facilities. 10. STATUTORY AND OTHER DISCLOSURES (INCLUDING LEAD -BASED PAINT HAZARD DISCLOSURES) AND CANCELLATION RIGHTS: A. (1) Seller shall, within the time specified in paragraph 14A. Deliver to Buyer. (1) if required by Law, a fully completed Federal Lead - Based Paint Disclosures(CAR. Form FLD) and pamphlet ('Lead Disclosures'); and (II) unless exempt. fully completed disclosures or notices required by sections 1102 et. seq. and 1103 et seq. of the Civil Code ('Statutory Disclosures'). Statutory Disclosures include, but are not limited to a Real Estate Transfer Disclosure Statement ('TDS'), Natural Hazard Disclosure Statement (`NHD'), notice or actual knowledge of release of illegal controlled substance, notice of special tax and/or assessments (or, if allowed, substantially equivalent notice regarding the Mello -Roos Community Facilities Act of 1982 and Improvement Bond Act of 1915) and. if Seller has actual knowledge, of industrial use and military ordnance location (CAR. Form SPQ or ESD). (2) Any Statutory Disclosure required by this paragraph is considered fully completed if Seiler has answered all questions and completed and signed the Seller section(s) and the Listing Agent, if any, has completed and signed the Listing Broker secion(s), or, if applicable, an Agent Visual Inspection Disclosure (CAR. Form AVID). Nothing stated herein relieves a Buyers Broker, if any, from the obligation to (i) conduct a reasonably competent and diligent visual inspection of the accessible areas of the Property and disclose, on Section IV of the TDS, or an AVID, material facts affecting the value or desirability of the Property that were or should have been revealed by such an inspection or (1) complete any sections on all disclosures required to be completed by Buyers Broker. (3) Note to Buyer and Seller. Waiver of Statutory and Lead Disclosures is prohibited by Law. (4) Within the time specified in paragraph 14A, (1) Seller, unless exempt from the obligation to provide a TDS, shall, complete and provide Buyer with a Seiler Property Questionnaire (CAR. Form SPQ); (ii) if Seller is not required to provide a MS, Seiler shall complete and provide Buyer with an Exempt Seiler Disclosure (CAR. Form ESO). (5) Buyer shall, within the time specified in paragraph 14B(1), return Signed Copies of the Statutory, Lead and other disclosures to Seller. (6) In the event Seller or Listing Broker, prior to Close Of Escrow, becomes aware of adverse conditions materially affecting the Property, or any material inaccuracy in disclosures, information or representations previously provided to Buyer, Seller shall promptly provide a subsequent or amended disclosure or notice, in writing, covering those items. However, a subsequent or amended disclosure shag not be required for conditions and material inaccuracies of which Buyer is otherwise aware, or which are disclosed In reports provided to or obtained by Buyer or ordered and paid for by Buyer. (7) If any disclosure or notice specified In paragraph 10A(1), or subsequent or amended disclosure or notice is Delivered to Buyer after the offer is Signed, Buyer shall have the right to cancel this Agreement within 3 Days After Delivery in person, or 5 Days After Delivery by deposit in the mail, by giving written notice of cancellation to Seller or Sellers agent. B. NATURAL AND ENVIRONMENTAL HAZARD DISCLOSURES AND OTHER BOOKLETS: Within the time specified in paragraph 14A. Seiler shall, if required by Law. (1) Deliver to Buyer earthquake guide(s) (and questionnaire), environmental hazards booklet, and home energy rating pamphlet; (11) disclose if the Property is located in a Special Flood Hazard Area; Potential Flooding (Inundation) Area; Very High Fire Hazard Zone, State Fire Responsibility Area; Earthquake Fault Zone; and Seismic Hazard Zone; and (if!) disclose any other zone as required by Law and provide any other information required for those zones. C. WITHHOLDING TAXES: Within the time spedfied in paragraph 14A, to avoid required withholding, Seller shall Deliver to Buyer or qualified substitute, an affidavit sufficient to comply with federal (FIRPTA) and California withholding Law (CAR. Form AS or OS). D. MEGAN'S LAW DATABASE DISCLOSURE: Notice: Pursuant to Section 290.46 of the Penal Code, information about specified registered sex offenders is made available to the public via an Internet Web site maintained by the Department of Justice at www.meganalaw.ca.gov. Depending on an offenders criminal history, this information will include either the address at which the offender resides or the community of residence and ZIP Code in which he or she resides. (Neither Seller nor Brokers are required to check this website. If Buyer wants further information, Broker recommends that Buyer obtain information from this website during Buyers inspection contingency period. Brokers do not have expertise In this eras.) E. NOTICE REGARDING OAS AND HAZARDOUS LIQUID TRANSMISSION PIPELINES: This notice is being provided simply to inform you that information about the general location of gas and hazardous liquid transmission pipelines is available to the public via the National Pipeline Mapping System (NPMS) Internet Web site maintained by the United States Department of Transportation at httpJ/www.npms.phmsa.dot9ov1. To seek further information about possible transmission pipelines near the Property, you may contact your local gas utility or other pipeline operators in the area Contact information for pipeline operators is searchable by ZIP Code and county on the NPMS Internet Web site. F. CONDOMMIUM/PLANNED DEVELOPMENT DISCLOSURES: (1) SELLER HAS: 7 (or ) Days After Acceptance to disclose to Buyer if the Property is a condominium or is located in a planned other common interest subdivision (C A.R Fortin SPQ or ESD). 11 os Sellars vl✓ e� Buyers Initials ( ) Ses Initials () ( ) RPA-CA REVI E 4 OF 10)� CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 4 OF 10) Produced wah WwmO by apLaox 163-0 Fdraan Mtxi 1113ad Fraear MdWn 48= W0L=L=LC= t triad Property Address: 6036 STAFFORD AVF, HUN77NGTON PART( CA 90255 Date: January 20, 2016 (2) If the Property is a condominium or is located in a planned development or other common interest subdivision, Seller has 3 (or ) Days After Acceptance to request from the HOA (C.A.R. Form HOA1) (1) Copies of any documents required by Law, (ii) disclosure of any pending or anticipated claim or litigation by or against the HOA. (111) a statement containing the location and number of designated parking and storage spaces; (iv) Copies of the most recent 12 months of HOA minutes for regular and special meetings, and (v) the names and contact information of all HOAs governing the Property (collectively, 'CI Disclosures') (vf) private transfer fees, (vil) Pet fee restrictions; and (viii) smoking restrictions. Seller shall itemize and Deliver to Buyer all Cl Disclosures received from the HOA and any Cl Disclosures in Seller's possession. Buyers approval of CI Disclosures is a contingency of this Agreement as specified in paragraph 148(3). The Party specified in paragraph 7, as directed by escrow, shall deposit funds into escrow or direct to HOA or management company to pay for any of the above. 11. CONDITION OF PROPERTY: Unless otherwise agreed in writing: (1) the Property is sold (a) 'AS4S' in its PRESENT physical condition as of the date of Acceptance and (b) subject to Buyers investigation rights; (if) the Property, including pool, spa landscaping and grounds, is to be maintained in substantially the same condition as on the date of Acceptance; and (III) all debris and personal property not included in the sale shall be removed by Close Of Escrow. A. Seller shall, within the time specified in paragraph 14A. DISCLOSE KNOWN MATERIAL FACTS AND DEFECTS affecting the Property, including known insurance claims within the past five years, and make any and all other disclosures required by law. B. Buyer has the right to conduct Buyer Investigations of the Property and, as specified in paragraph 148, based upon information discovered in those investigations: (i) cancel this Agreement; or (11) request that Seller make Repairs or take other action. C. Buyer Is strongly advised to conduct investigations of the entire Property in order to determine its present condition. Seller may not be aware of all defects affecting the Property or other factors that Buyer considers important. Property Improvements may not be bulk according to code, in compliance with current Law, or have had permits issued. 12. BUYER'S INVESTIGATION OF PROPERTY AND MATTERS AFFECTING PROPERTY: A. Buyers acceptance of the condition of, and any other matter affecting the Property, is a contingency of this Agreement as specified in this paragraph and paragraph 14B. Within the time specified in paragraph 148(1), Buyer shag have the right, at Buyers expense unless otherwise agreed, to conduct inspections, investigations, tests, surveys and other studies ('Buyer investigations'), including, but not limited to: (1) a general physical inspection; (11) an inspection specifically for wood destroying pests and organisms. Any inspection for wood destroying pests and organisms shall be prepared by a registered Structural Pest Control company; shag cover the main building and attached structures; may cover detached structures; shall NOT include water tests of shower pans on upper level units unless the owners of property below the shower consent; shag NOT include roof coverings; and, if the Property is a unit in a condominium or other common interest subdivision, the inspection shall include only the separate interest and any exclusive -use areas being transferred, and shag NOT include common areas; and shall include a report ('Pest Control Report") showing the findings of the company which shall be separated into sections for evident infestation or infections (Section 1) and for conditions likely to lead to infestation or infection (Section 2): (111) inspect for lead -based paint and other lead -based paint hazards; (iv) satisfy Buyer as to any matter specified in the attached Buyers Inspection Advisory (C.A.R. Forth BIA); (v) review the registered sex offender database; (vi) confirm the insurability of Buyer and the Property including the availability and cost of flood and fire insurance; and (vit) review and seek approval of leases that may need to be assumed by Buyer. Without Sellers prior written consent, Buyer shag neither make nor cause to be made invasive or destructive Buyer Investigations, except for minimally invasive testing required to prepare a Pest Control Report, or inspections by any govemmental building or zoning inspector or government employee, unless required by Law. B. Seller shall make the Property available for all Buyer Investigations. Buyer shall (1) as specified in paragraph 148, complete Buyer Investigations and either remove the contingency or cancel this Agreement, and (If) give Seller, at no cost, complete Copies of all such Investigation reports obtained by Buyer, which obligation shall survive the termination of this Agreement C. Seller shall have water, gas, electricity and all operable pilot fights on for Buyers Investigations and through the date possession is made available to Buyer. D. Buyer indemnity and seller protection for entry upon property: Buyer shag: (1) keep the Property free and dear of liens; (11) repair all damage arising from Buyer Investigations; and (tit) indemnify and hold Seller harmless from all resulting liability, claims, demands, damages and costs. Buyer shall carry, or Buyer shall require anyone acting on Buyer's behalf to carry, policies of liability, workers compensation and other applicable insurance, defending and protecting Seller from liability for any injuries to persons or property occurring during any Buyer investigations or work done on the Property at Buyers direction prior to Close Of Escrow. Seger is advised that certain protections may be afforded Seller by recording a 'Notice of Non -Responsibility' (C.A.R. Form NNR) for Buyer Investigations and work done on the Property at Buyers direction. Buyers obligations under this paragraplihall survive the termination of this Agreement. 13. TITLE AND VESTING: A. Within the time specified in paragraph 14, Buyer shall be provided a current preliminary title report ('Preliminary Report"). The Preliminary Report is only an offer by the title insurer to issue a policy of title insurance and may not contain every item affecting title. Buyers review of the Preliminary Report and any other matters which may affect title are a contingency of this Agreement as specified In paragraph 148. The company providing the Preliminary Report shag, prior to issuing a Preliminary Report, conduct a search of the General Index for all Sellers except banks or other institutional lenders selling properties they acquired through foreclosure (REOs), corporations, and government entities. Seger shall within 7 Days After Acceptance, give Escrow Holder a completed Statement of Information. B. Title is taken in its present condition subject to all encumbrances, easements, covenants, conditions, restrictions, rights and other matters, whether of record or not, as of the date of Acceptance except for. (i) monetary liens of record (which Seger is obligated to pay off) unless Buyer is assuming those obligations or taking the Property subject to those obligations; and (it) those matters which Seller has agreed to remove in writing. C. Within the time specified in paragraph 14A, Seller has a duty to disclose to Buyer all matters known to Seger affecting btle, whether of record or not D. At Close Of Escrow Buyer shall receive a grant deed conveying title (or for stock cooperative or long -tern lease an assignment of stock certificate or of Sellers leasehold interest) including oil mineral and water rights if currently owned by Seger. Title shall vest as designated in Buyers supplemental escrow instructions. THE MANNER OF TAKING TITLE MAY HAVE SIGNIFICANT LEGAL AND TAX CONSEQUENCES. CONSULT AN APPROPRIATE PROFESSIONAL. Ds ��D6 Buyers Initials ( ) Sellers Initials ( ( It ) ( I RPA-CA REVIS S OF 10) l_12111 CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 5 OF 10) mommusNa • Produ sd wAh ZPF"S by nplogu[ 18070 FMsen M Is Road Rasa Mrchigm 48M trans na 20 ry Uswied Property Address: 603E STAFFORD AVE, HIJNTINGTON PA CA ti0Z55 016 E. Buyer shall receives CLTAIALTA'Homeowner'sPolicyofTilkslnsurance',ifapplicabletothe type of Drlyandbuary20o Esc shall notify Buyer. A title company can provide informationabout the availabih cove properiyand buyer. If not, gorse Holler the Homeowners P tY� rage, and cost of othertitie palidesand endorsements.lf Poky is not available, Buyer shall choose another poky, instruct Escrow Holder in writing and shah pay any increase in co: 14. TIME PERIODS; REMOVAL OF CONTINGENCIES; CANCELLATION RIGHTS: The following time periods may only be extended, altered, modified or changed by mutual written agreement Any removal of contingencies or cancellation under this paragraph by either Buyer or Seller must be exercised In good faith and In writing (CAR. Form CR or CC). A. SELLER HAS: 7 (or ) Days After Acceptance to Deliver to Buyer all Reports, disclosures and information for which Seger is responsible under paragraphs 5, 8, 7, 8B(4), 10A, B. C. and F, 11A and 13A. If, by the time specified. Seller has not Delivered any such item. Buyer after first Delivering to Seller a Notice to Seller to Perform (CAR. Form NSP) may cancel this Agreement. B. (1) BUYER HAS: 17 (or ) Days After Acceptance, unless otherwise agreed in writing, to: (1) complete all Buyer Investigations, review all disclosures, reports, lease documents to be assumed by Buyer pursuant to paragraph 88(5), and other applicable information, which Buyer receives from Seller, and approve all matters affecting the Property and (11) Delver to Seller Signed Copies of Statutory and Lead Disclosures and other disclosures Delivered by Sellen accordance with paragraph 10A. (2) Within the time specified in paragraph 14B(1), Buyer may request that Seiler make repairs or take any other action regarding the Property (C.A.R. Forth RR). Seller has no obligation to agree to or respond to (C.A.R. Form RRRR) Buyers requests. (3) By the end of the time specified in paragraph 148(1) (or as otherwise specified in this Agreement), Buyer shah Deliver to Seger a removal of the applicable contingency or cancellation (C.A.R. Form CR or CC) of this Agreement However, if any report, disclosure or information for which Seller is responsible is not Delivered within the time specified to paragraph 14A, then Buyer has 8 (or ) Days After Delivery of any such items, or the time specified in paragraph 14B(1), whichever is later, to Deliver to Seller a removal of the applicable contingency or cancellation of this Agreement. (4) Continuation of Contingency: Even after the end of the time specified in paragraph 148(1) and before Seger cancels, if at all pursuant to paragraph 140, Buyer retains the right, in writing, to either (i) remove remaining contingencies, or (ii) cancel this Agreement based on a remaining contingency. Once Buyers written removal of all contingencies is Delivered to Seller, Seger may not cancel this Agreement pursuant to paragraph 141)(1). (5) Access to Property: Buyer shall have access to the Property to conduct inspections and investigations for 17 (or ) Days After Acceptance, whether or not any part of the Buyers Investigation Contingency has been waived or removed C. REMOVAL OF CONTINGENCIES WITH OFFER: Buyer removes the contingencies specified in the attached Contingency Removal form (C.A.R. Form CR). If Buyer removes any contingency without an adequate understanding of the Property's condition or Buyers ability to purchase, Buyer is acting against file advice of Broker. 0. SELLER RIGHT TO CANCEL: (1) Seller right to Cancel; Buyer Contingencies: If, by the time specified in this Agreement, Buyer does not Deliver to Seger a removal of the applicable contingency or cancellation of this Agreement, then Seller, after first Delivering to Buyer a Notice to Buyer to Perform (CAR. Form NSP), may cancel this Agreement In such event, Seller shall authorize the return of Buyers deposit, except for fees incurred by Buyer. (2) Seiler right to Cancel; Buyer Contract Obligations: Seger, after first delivering to Buyer a NBP, may canal this Agreement if, by the time specified in this Agreement, Buyer does not take the following action(s): (1) Deposit funds as required by paragraph 3A, or 3B or if the funds deposited pursuant to paragraph 3A or 38 are not good when deposited; (11) Deliver a notice of FHA or VA costs or terms as required by paragraph 3D(3) (C.A.R. Foos FVA); (iii) Deliver a letter as required by paragraph 3J(1), (hr) Denver verification, or a satisfactory verification if Seller reasonably disapproves of the verification already provided, as required by paragraph 3C or 3H; (v) In writing assume or accept leases or liens specified in 885. (vi) Return Statutory and Lead Disclosures as required by paragraph 10A(5); or (vli) Sign or initial a separate liquidated damages form for an increased deposit as required by paragraphs 38 and 21 B; or (01) Provide evidence of authority to sign in a representative capacity as specified in paragraph 19 In such event, Seller shall authorize the return of Buyers deposit, except for fees incurred by Buyer. E. NOTICE TO BUYER OR SELLER TO PERFORM: The NBP or NSP shall (1) be in writing; (11) be signed by the applicable Buyer or Seger, and (Ili) give the other Party at least 2 (or ) Days After Delivery (or until the time specified in the applicable paragraph, whichever occurs last) to take the applicableaction. A NBP or NSP may not be Delivered any earlier than 2 Days Prior to the expiradon of the applicable time for the other Party to remove a contingency or cancel this Agreement or meet an obligatia*eclfied in paragraph 14. F. EFFECT OF BUYER'S REMOVAL OF CONTINGENCIES: If Buyer removes, in writing, any contingency or cancellation rights, unless otherwise specified in writing, Buyer shall conclusively be deemed to have: (I) completed all Buyer Investigations, and review of reports and other applicable Information and disclosures pertaining to that contingency or cancellation right; (IQ elected to proceed with the transaction; and (ill) assumed all liability responsibility and expense for Repairs or corrections pertaining to that contingency or cancellation right, or for the inability to obtain financing. G. CLOSE OF ESCROW: Before Buyer or Seller may cancel this Agreement for failure of the other Party to dose escrow pursuant to this Agreement, Buyer or Seger must first Deliver to the other Party a demand to close escrow (C.A.R. Form DCE). The DCE shall: (1) be signed by the applicable Buyer or Seller, and (11) give the other Party at least 3 (or ) Days After Delivery to dose escrow. A DCE may not be Delivered any earlier than 3 Days Prior to the scheduled dose of escrow. H. EFFECT OF CANCELLATION ON DEPOSITS: If Buyer or Seiler gives written notice of cancellation pursuant to rights duly exercised under the terms of this Agreement, the Parties agree to Sign mutual instructions to cancel the sale and escrow and release deposits, if any, to the party entitled to the funds less fees and costs incurred by that party. Fees and costs may be payable to service providers and vendors for services and products provided during escrow Except as specified below, release of funds wig require mutual Signed release Instructions from the Parties, judicial decision or arbitration award. If either Party fails to execute mutual instructions to cancel escrow, one Party may make a written demand to Escrow Holder for the deposit (C.A.R. Form BORD or SORD). Escrow Holder, upon receipt, shag promptly deliver notice of the demand to the other Party. K, within 10 Days After Escrow Holders notice, the other Party does not object to the demand Escrow Holder shall disburse the deposit to the Party making the demand. If Escrow Holder complies with the preceding process each Party shag be deemed to have released Escrow Holder from any and all claims or liability related to the disbursal of the deposit. Escrow Holder at its discretion, may nonetheless require mutual cancellation Instructio & Party may be subject to a civil penalty of up to $1,000 for refusal to sign cancellation instructions if no good faith d to who is entitled to the deposited funds (Civil Code §1087.3). Hic Buyers Initiab ( ) Sellers Initials ( } ( } RPA-CA REVI8 E 8 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 6 OF 10) ^ "w Pm*c@d vMif apFmme W LFL00= IM70 Ffieen Mile R,-A raw Md%W 481112111 wmAda m Un*kd Property Address; 60M STAFFORD AVM HUN77NGTON PARK CA 90255 Date: ,yn"n, 20) 2016 15. FINAL VERIFICATION OF CONDITION: Buyer shall have the right to make a final verification of the Property within 5 (or ) Days Priorto Close Of Escrow, NOTAS A CONTINGENCYOF THE SALE, but solely to confirm:(i) the Propertyis maintainedpursuantto paragraphl 1 (11) Repairs have been completed as agreed; and (iii) Seger has complied with Senses other obligations under this Agreement (CA.R. Form VP; 16. REPAIRS: Repairs shag be completed prior to final verification of condition unless otherwise agreed in writing. Repairs to be performed at Sellers expense may be performed by Seller or through others, provided that the work complies with applicable Law, including governmental permit, inspection and approval requirements. Repairs shall be performed in a good, skillful manner with materials of quality and appearance comparable to existing materials. It is understood that exact restoration of appearance or cosmetic items following all Repairs may not be possible Seger shag (i) obtan invokes and paid receipts for Repairs performed by others; III) prepare a written statement indicating the Repairs performed by Seller and the date of such Repairs; and (III) provide Copies of invoices and paid receipts and statements to Buyer prior to final verification of condition. 17. PRORATIONS OF PROPERTYTAXES AND OTHER ITEMS: Unless otherwise agreed In writing, the following items shag be PAID CURRENT and prorated between Buyer and Seger as of Close Of Escrow, real property taxes and assessments interest rents, HOA regular special and emergency dues and assessments imposed prior to Close Of Escrow, premiums on insurance assumed by Buyer, payments on bonds and assessments assumed by Buyer. and payments on Mello -Roos and other Special Assessment District bonds and assessments that are now a lien. The following items shag be assumed by Buyer WITHOUT CREDIT toward the purchase price: prorated payments on Mello -Roos and other Special Assessment District bonds and assessments and HOA special assessments that are now a lien but not yet due. Property will be reassessed upon change of ownership. Any supplemental tax bills shag be paid as follows: (1) for periods after Close Of Escrow, by Buyer and (III for periods prior to Close Of Escrow, by Seger (see C A R. Form SPT or SSSA for further information). TAX BILLS ISSUED AFTER CLOSE OF ESCROW SHALL BE HANDLED DIRECTLY BETWEEN BUYER AND SELLER. Proration shag be made based on a 30-day month. 10. BROKERS: A. COMPENSATION: Seger or Buyer, or both, as applicable, agree to pay compensation to Broker as specified in a separate written agreement between Broker and that Seger or Buyer. Compensation is payable upon Close Of Escrow, or if escrow does not close as otherwise specified in the agreement between Broker and that Seller or Buyer. B. SCOPE OF DUTY: Buyer and Seller acknowledge and agree that Broker (1) Does not decide what price Buyer should pay or Seller should accept; (ii) Does not guarantee the condition of the Property, (III) Does not guarantee the performance, adequacy or completeness of inspections services, products or repairs prov;ded or made by Seger or others, (iv) Does not have an obligation to conduct an inspection of common areas or areas off the site of the Property; (v) Shall not be responsible for identifying defects on the Property, in common areas, or offsite unless such defects are visually observable by an inspection of reasonably accessible areas of the Property or are known to Broker, (vi) Shall not be responsible for inspecting public records or permits concerning the title or use of Property; (vil) Shall not be responsible for identifying the location of boundary lines or other items affecting title; (viii) Shag not be responsible for verifying square footage, representations of others or information contained in Investigation reports Multiple Listing Service, advertisements, flyers or other promotional material; (ix) Shall not be responsible for determining the fair market value of the Property or any personal property included in the sale; (x) Shall not be responsible for providing legal or tax advice regarding any aspect of a transaction entered into by Buyer or Seller, and (xi) Shag not be responsible for providing other advice or information that exceeds the knowledge, education and experience required to perform real estate licensed activity. Buyer and Seller agree to seek legal, tax, insurancetitle and other desired assistance from appropriate professionals. 19. REPRESENTATIVE CAPACITY: If one or more Parties is signing this Agreement In a representative capacity and not for him/herself as an individual then that Party shag so indicate in paragraph 31 or 32 and attach a Representative Capacity Signature Disclosure (C.A.R. Form RCSD). Wherever the signature or initials of the representative identified in the RCSD appear on this Agreement or any related documents, it shall be deemed to be in a representative capacity for the entity described and not in an individual capacity, unless otherwise indicated. The Party acting in a representative capacity (i) represents that the entity for which that party is acting already exists and (ii) shag Deliver to the other Party and Escrow Holder, within 3 Days After Acceptance, evidence of authority to act in that capacity (such as but not limited to: applicable portion of the trust or Certification Of Trust (Probate Code §18100.5), letters testamentary, court order, power of attorney, corporate resolution, or formation documents of the business entity). 20. JOINT ESCROW INSTRUCTIONS TO ESCROW HOLDER: A. The following paragraphs, or applicable portions thereof, of this Agreement constitute the joint escrow instructions of Buyer and Seiler to Escrow Holder, which Escrow Holder is to use along with any related counter offers and addenda and any additional mutual instruction to close the escrow: paragraphs 1, 3, 48. 5A, 6, 7, 10C, 13. 14G, 17, 16A, 19, 20, 26 29, 30, 31, 32 and paragraph D of the section tilted Real Estate Brokers on page 10. If a Copy of the separate compensation agreement(s) provided for in paragraph 18A, or paragraph D of the section tined Real Estate Brokers on page 10 is deposited with Escrow Holder by Broker, Escrow Holder shah accept such agreement(s) and pay out from Buyers or Sellers funds, or both, as applicable, the Brokers compensation provided for in such agreement(s). The terms and conditions of this Agreement not set forth in the specified paragraphs are additional matters for the information of Escrow Holder, but about which Escrow Holder need not be concerned. Buyer and Seller will receive Escrow Holders general provisions, if any, directly from Escrow Holder and will execute such provisions within the time specified in paragraph 7C(1)(c). To the extent the general provisions are inconsistent or conflict with this Agreement, the general provisions wig control as to the duties and obligations of Escrow Holder only. Buyer and Seller will execute additional instructions, documents and forms provided by Escrow Holder that are reasonably necessary to dose the escrow and, as directed by Escrow Holder, within 3 (or ) Days, shall pay to Escrow Holder or HOA or HOA management company or others any fee required by paragraphs 7 10 or elsewhere in this Agreement. B. A Copy of this Agreement including any counter offer(s) and addenda shall be delivered to Escrow Holder within 3 Days After Acceptance (or ). Buyer and Seger authorize Escrow Holder to accept and rely on Copies and Signatures as defined in this Agreement as originals, to open escrow and for other purposes of escrow. The validity of this Agreement as between Buyer and Seller is not affected by whether or when Escrow Holder Signs this Agreement Escrow Holder shag provide Sellers Statement of Information to Title company when received from Seller. If Seller delivers an affidavit to Escrow Holder to satisfy Sellers FIRPTA obligation under paragraph 10C, Escrow Holder shall deliver to Buyer a Qualified Substitute statement that complies with federal Law. os Ht Buyers Initials ( ) Setkrs InitialsRPA-CA REVI E 7 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 7 OF 10) ^"w Produced with z-picomie by zoLog x 19070 F Man We Read Fuse, Mchgan 4 ms yyp yin Uarbad Property Address: 6038 STAFFORD A VE NUNTINGTON PARK CA 90255 Date: January 20, 2016 C. Brokers am a party to the escrow for the sole purpose of compensation pursuant to paragraph 18A and paragraph D of the section filled Real Estate Brokers on page 10. Buyer and Sailer irrevocably assign to Brokers compensation specified in paragraph 18A. and irrevocably instruct Escrow Holder to disburse those funds to Brokers M Close Of Escrow or pursuant to any other mutually executed cancellation agreement. Compensation Instructions can be amended or revoked only with the written consent of Brokers Buyer and Seller shall release and hold harmless Escrow Holder from any liability resulting from Escrow Holders payment to Broker(s) of compensation pursuant to this Agreement. D. Upon receipt, Escrow Holder shall provide Seller and Sellers Broker verification of Buyers deposit of funds pursuant to paragraph 3A and 38. Once Escrow Holder becomes aware of any of the following, Escrow Holder shall Immediately notify an Brokers- (1) If Buyers initial or any additional deposit or down payment is not made pursuant to this Agreement, or is not good at time of deposit with Escrow Holder, or (ill if Buyer and Seller instruct Escrow Holder to cancel escrow. E. A Copy of any amendment that affects any paragraph of this Agreement for which Escrow Holder is responsible shall be delivered to Escrow Holder within 3 Days after mutual execution of the amendment 21.REMEDIES FOR BUYER'S BREACH OF CONTRACT: A. Any clause added by the Parties specifying a remedy (such as release or forfeiture of deposit or making a deposit non-refundable)for failure of Buyer to complete the purchase in violation of this Agreement shall be deemed invalid unless the clause independently satisfies the statutory liquidated damages requirements set forth In the Civil Code. B. LIQUIDATED DAMAGES: If Buyer fails to complete this purchase because of Buyer's default, Seller shall retain, as liquidated damages, the deposit actually paid. if the Property is a dwelling with no more than four units, one of which Buyer intends to occupy, then the amount retained shall be no more than 3% of the purchase price. Any excess shall be returned to Buyer. Except as provided in paragraph 14G, release of funds will require mutual, Signed release instructions from both Buyer and Seiler, judicial decision or arbitration award. AT THE TIME OF ANY INCREASED DEPOSIT WUR AND SELLER SHALL SIGN A SEPARATE LIQUIDATED DAMAGES PROVISION INCORPORATING THE INC SIT AS LIQUIDATED DAMAGES (C.A.R. FO D). Buyers Initial Sellers initial V 22. DISPUTE RESOLUTION: A. MEDIATION: The Parties agree to mediate any dispute or claim arising between them out of this Agreement, or any resulting transaction, before resorting to arbitration or court action through the C.A.R. Real Estate Mediation Center for Consumers (www.consumormediation.org) or through any other mediation provider or service mutually agreed to by the Parties. The Parties also agree to modiste any disputes or clakns with Broker(s), who, in writing, agree to such mediation prior to, or within a reasonable time after, the dispute or claim Is presented to the Broker. Mediation fees, if any, shall be divided equally among the Parties involved. It for any dispute or claim to which this paragraph applies, any Party (i) commences an action without first attempting to resolve the matter through mediation, or (1) before commencement of an action, refuses to mediate after a request has been made, then that Party shall not be entitled to recover attorney fees, even if they would otherwise be available to that Party in any such action. THIS MEDIATION PROVISION APPLIES WHETHER OR NOT THE ARBITRATION PROVISION IS INITIALED. Exclusions from this mediation agreement am specified In paragraph 22C. B. ARBITRATION OF DISPUTES: The Parties agree that any dispute or claim in Law or equity arising between them out of this Agreement or any resulting transaction, which Is not settled through mediation, shall be decided by neutral, binding arbitration. The Parties also agree to arbitrate any disputes or claims with Broker(s), who, In writing, agree to such arbitration prior to, or within a reasonable time after, the dispute or claim Is presented to the Broker. The arbitrator shall be a retired judge or justice, or an attorney with at least 5 years of residential real estate Law experience, unless the parties mutually agree to a dlihrent arbitrator. The Parties shall have the right to discovery in accordance with Code of Civil Procedure 11283.05. In all other respects, the arbitration shall be conducted In accordance with Title 9 of Part 3 of the Code of Civil Procedure. Judgment upon the award of the arbitrator(s) may be entered Into any court having jurisdiction. Enforcement of this agreement to arbitrate shall be governed by the Federal Arbitration Act Exclusions from this arbitration agreement are specified in paragraph 22C. "NOTICE: BY INITIALING IN THE SPACE BELOW YOU ARE AGREEING TO HAVE ANY DISPUTE ARISING OUT OF THE MATTERS INCLUDED IN THE 'ARBITRATION OF DISPUTES' PROVISION DECIDED BY NEUTRAL ARBITRATION AS PROVIDED BY CALIFORNIA LAW AND YOU ARE GIVING UP ANY RIGHTS YOU MIGHT POSSESS TO HAVE THE DISPUTE LITIGATED IN A COURT OR JURY TRIAL. BY INITIALING IN THE SPACE BELOW YOU ARE GIVING UP YOUR JUDICIAL RIGHTS TO DISCOVERY AND APPEAL, UNLESS THOSE RIGHTS ARE SPECIFICALLY INCLUDED IN THE 'ARBITRATION OF DISPUTES' PROVISION. IF YOU REFUSE TO SUBMIT TO ARBITRATION AFTER AGREEING TO THIS PROVISION, YOU MAY BE COMPELLED TO ARBITRATE UNDER THE AUTHORITY OF THE CALIFORNIA CODE OF CIVIL PROCEDURE. YOUR AGREEMENT TO THIS ARBITRATION PROVISION IS VOLUNTARY." 'WE HAVE READ AND UNDERSTAND THE FOREGOING AND AGREE TO SUBMIT DISPUTES ARISING OUT OF THE MATTERS INCLUDED TRATION OF DISPUTES' PROVISION TO NEVTIW ARBITRATION." Buyers in f7k/ Sailers Initials / C. ADDITIONAL MEDIATION AND RMS: 11) EXCLUSIONS: The following matted are excluded from mediation and arbitration: (1) a judicial or noryudiciai foreclosure or other action or proceeding to enforce a deed of trust, mortgage or instalment tend sari contract as defined in Civil Code l) unlawful detainer action; and (tin) any matter that is whhin the jurladicta� of a Probst*, small claims or bank Buyers Initiate ( ) Sellers Initials (� ) ( ) RPA-CA REVISED 12MS (PAGE 6 OF 10) CALIFOR14A RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE d OF 10) Pm*rad wM zWwwe b aKaa• MTO iaaaa M r Road Paw FAd"m s02e mo ad oommm u,aa.a Property Address: 6036 STAFFORD AVF, HUNTINGTON PAR); CA 90255 Date: Januagr 20, 201e (2) PRESERVATION OF ACTIONS: The following shall not constitute a waiver nor violation of the mediation and arbitration provisions: (1) the filing of a court action to preserve a statute of limitations; (if) the filing of a court action to enable the recording of a notice of pending action, for order of attachment, receivership, Injunction, or other provisional remedies; or (Ili) the filing of a mechanic's lien. (3) BROKERS: Brokers shall not be obligated nor compelled to mediate or arbitrate unless they agree to do so in writing. Any Broker(s) participating in mediation or arbitration shall not be deemed a party to this Agreement. 23. SELECTION OF SERVICE PROVIDERS: Brokers do not guarantee the performanceof any vendors, service or product providers (-Providers') whether referred by Broker or selected by Buyer, Seller or other person. Buyer and Seller may select ANY Providers of their own choosing. 24. MULTIPLE LISTING SERVICE ("MLS"): Brokers are authorized to report to the MLS a pending sale and, upon Close Of Escrow, the sales price and other terms of this transaction shall be provided to the MLS to be published and disseminated to persons and entities authorized to use the information on terns approved by the MLS. 25. ATTORNEY FEES: In any action, proceeding. or arbitration between Buyer and Seller arising out of this Agreement, the prevailing Buyer or Seller shall be entitled to reasonable attorney fees and costs from the non-prevaling Buyer or Seller, except as provided in paragraph 22A. 26. ASSIGNMENT: Buyer shah not assign all or any part of Buyers interest In this Agreement without first having obtained the separate written consent of Seller to a specified assignee. Such consent shall not be unreasonably withheld. Any total or partial assignment shall not relieve Buyer of Buyers obligations pursuant to this Agreement unless otherwise agreed in writing by Seller. (CAR. Form AOAA). 27. EQUAL HOUSING OPPORTUNITY: The Property is sold in compliance with federal, state and local anti -discrimination Laws. 28. TERMS AND CONDITIONS OF OFFER: This is an offer to purchase the Property on the above terms and conditions. The liquidated damages paragraph or the arbitration of disputes paragraph Is incorporated in this Agreement If Initialed by all Parties or if incorporated by mutual agreement in a counter offer or addendum. If at least one but not all Parties initial, a counter offer is required until agreement is reached. Seller has the right to continue to offer the Property for sale and to accept any other offer at any time prior to notification of Acceptance. The Parties have read and acknowledge receipt of a Copy of the offer and agree to the confirmation of agency relationships. If this offer is accepted and Buyer subsequently defaults, Buyer may be responsible for payment of Brokers' compensation. This Agreement and any supplement, addendum or modification, including any Copy, may be Signed in two or more counterparts, all of which shall constitute one and the same writing. 29. TIME OF ESSENCE; ENTIRE CONTRACT; CHANGES: Time is of the essence All understandkngsbetweenthe Partiesare kncorporatedin this Agreement. Its terms are intendedby the Parties as a final, completeand exdusiveexpressionof theirAgreementwith respectto its subjectmatter, and may not be contradidedby evidenceof any prior agreementor contemporaneouwrai agreemenLif any provisionof this Agreementis field to be ineffectiveor invalid, the remain ingprovisionswill neverthelessbe given full force and effect. Exceptas otherwisespecified,this Agreementshall be interpretedand disputesshall be resolved in ac cordancewth the Laws of the State of Califomis.Naitherthis Agreementnor any provision In It may be extended, amended, modified, altered or changed, except In writing Signed by Buyer and Seller. 30. DEFINITIONS: As used in this Agreement: A. "Acceptance" means the time the offer or final counter offer is accepted in writing by a Party and is delivered to and personally received by the other Party or that Party's authorized agent in accordance with the terns of this offer or a final counter offer. B. "Agreement" means this document and any counter offers and any incorporated addenda, collectively forming the binding agreement between the Parties. Addenda are incorporated only when Signed by all Parties. C. "C.A.R. Form" means the most current version of the specific form referenced or another comparable form agreed to by the parties. D. "Close Of Escrow", including 'COE', means the date the grant deed, or other evidence of transfer of title, is recorded. E. "Copy" means copy by any means including photocopy. NCR, facsimile and electronic. F. "Days" means calendar days. However, after Acceptance, the last Day for performance of any act required by this Agreement (including Close Of Escrow) shall not include any Saturday, Sunday, or legal holiday and shag instead be the next Day. G. "Days After" means the specified number of calendar days after the occurrence of the event specified, not counting the calendar date on which the specified event occurs, and ending at 11:59 PM on the final day. H. "Days Prior" means the specified number of calendar days before the occurrence of the event specified not counting the calendar date on which the specified event is scheduled to occur. I. "Deliver", "Delivered" or "Delivery", unless otherwise specified in writing, means and shall be effective upon personal receipt by Buyer or Seiler or the individual Real Estate Licensee for that principal as specified in the section Wed Real Estate Brokers on page 10, regardless of the method used (i.e.. messenger, mail, email, fax, other). J. "Electronic Copy" or "Electronic Signature" means, as applicable, an electronic copy or signature complying with California Law. Buyer and Seller agree that electronic means will not be used by either Party to modify or alter the content or integrity of this Agreement without the knowledge and consent of the other Party. K. "Law" means any law, code, statute, ordinance, regulation, rule or order, which is adopted by a controlling city, county. state or federal legislative, judicial or executive body or agency. L. "Repairs" means any repairs (including pest control), alterations, replacements, modifications or retrofitting of the Property provided for under this Agreement M. "Signed" means either a handwritten or electronic signature on an original document, Copy or any counterpart. 31. EXPIRATION OF OFFER: This offer shall be deemed revoked and the deposit if any, shall be returned to Buyer unless the offer is Signed by Seller and a Copy of the Signed offer Is personally received by Buyer, or by who Is authorized to receive it, by 5-00 PM on the third Day after this offer is signed by Buyer (or by AM/ PM on (date)) One or more Buyers is signing this a representative capacity and not for him/herself as an individual. See attached Representative Capacity Signature Dis ;Lurk RCSD-B)1or additional terms. Date 0112W2010 BUYER (Print name) JONNYSANCHEZ 0M3M?F1514e4 Date BUYER (Print name) Additional Signature Addendum attached (CA R. Form ASA) Sellers Initials ( Ht RPA-CA REVISED 12/1S (PAGE 9 OF 10) � CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 9 OF 10) a Punier wBh iipFame by bpLopu t W7o Fanoen rr r Rim F,asew IMthQm 4M6 =mLzda0w x= undd Property Address: 6030 STAFFORD AVE, HUNTINGTON PARK CA 90255 Date: January 20, 2016 32. ACCEPTANCE OF OFFER: Seller warrants that Seller is the owner of the Property, or has the authority to execute this Agreement Seller accepts the above offer, and agrees to sell the Property on the above terns and conditions. Seger has read and acknowledges receipt of a Copy of this Agreement, and authorizes Broker to Deliver a Signed Copy to Buyer. X (If checked) SELLER'S ACCEPTANCE IS SUBJECT TO ATTACHED COUNTER OFFER (C.A.R. Form SCO or SMCO) DATED: 1/25/16 XOne or more Sellers is signing this PLX t in a representative capacity and not for hir /herself as an individual. See attached Representative Capacity Signatur k R. Form RCSDS) for additional terms. Date 1/26/2016 SELLER (Print name) 3CA8CFDAFAa4487 Date SELLER (Print name) Additional Signature Addendum attached (C.A.R. Form ASA). ( / ) (Do not initial if making a counter offer.) CONFIRMATION OF ACCEPTANCE: A Copy of Signed Acceptance was (Initials) personally received by Buyer or Buyer's authorized agent on (date) at AM/ PM A binding Agreement is created when a Copy of Signed Acceptance Is personally received by Buyer or Buyers authorized agent whether or not confirmed in this document. Completion of this confirmation Is not legally required in order to create a binding Agreement; It Is solely Intended to evidence the date that Confirmation of Acceptance has occurred. REAL ESTATE BROKERS: A. Real Estate Broken are not parties to the Agreement between Buyer and Seller. B. Agency relationships are confirmed as stated in paragraph 2. C. If specified in paragraph 3A(2), Agent who submitted the after for Buyer acknowledges receipt of deposit. D. COOPERATING BROKER COMPENSATION: Listing Broker agrees to pay Cooperating Broker (Selling Firm) and Cooperating Broker agrees to accept, out of Listing Broker's proceeds in escrow• the amount specified in the MLS. provided Cooperating Broker is a Participant of the MLS in which the Property is offered for sale or a reciprocal MLS. If Listing Broker and Cooperating Broker are not both Participants of the MLS or a reciprocal MLS, in which the Property Is offered for sale, then compensation must be specified in a separate written agreement (C.A.R. Forth CBC). Declaration of License and Tax (C.AR Forth DLT) may be used to docume t l t tax reporting will be required or that an exemption exists Re er (Selling Firm) CENTURY 21 ALLSTARS Ca1BRE Lic. # 0128098S iilfiARTINROBLES CaiBRE Lic #01779288 Date �-45zav Q By CalBRE Lic. # Date Address 9156 TELEGRAPH RD City PICO RNERA State CA Zip 90880 Vea ME2-8592 Fax E-mail( ' g Finn) CENTURy21 ALLSTARSCalBRE Lic. # 01280965 CalBRE Lic. # 01226461 Date 1/26/2016 e1C99EJ1A137 LUTHER SANCHEZ CalBRE Lic # Date Address City Pico Rivera State CA Zip Telephone 755.9387 Fax E-mail NAJESTICBROKERI .00111 ESCROW HOLDER ACKNOWLEDGMENT Escrow Holler acknowledges receipt of a Copy of this Agreement (if checked a deposit in the amount of S ) counter offer numbers Sellers Statement of Information and 9 and agrees to ad as Escrow Holier subject to paragraph 20 of this Agreement, any supplemental escr 'r WWWWWWWWROW of Escrow Holders general provisions Escrow Holier Is advised that the dale of Confirmation of Acceptance of the Agreement as between Buyer and Seller is Escrow Holder Escrow # By Date Address Phone/Fax/E-mail scow Holder has the following license number # LLJ Department of Business Oversight, 0 Department of Insurance H Bureau of Real Estate. PRESENTATION OF OFFER: ( ) Listing Broker presented this offer to Seger on (date). Broker or Deskiniiis n i REJECTION OF OFFER: ( ) ( ) No counter offer Is being made. This offer was rejected by Seller on (date). Seals Initials 01991- 2015. CatifomlaAssocstion of REALTORS®, tric. United States copyright law (rifle 17 US. Code) forbids the unauthorized distribullon, display and reproduction of this form. or any portion thereof, by photocopy machine or arty older means inducting laaimile or computerized formats. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS@ (C A.R.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PEF TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL i Published and Distributed by Buyer Acknowledges that page 10 s part of (his Agreement ( ) w REAL ESTATE BUSINESS SERVICES. INC. a subsidiary of pre CALIPORNIA ASSOCIATION OF REALTORSO 525 South Virgil Avenue. Los Angeles. CaYf mia 20020 Reviewed by RPA-CA REVISED 12115 (PAGE 10 of 10) Broker orDesr ee CAUFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 10 OF 10) ProduM wilh opFame by opLog a 1 W70 F flew M In Road Fraser MicMgat 4MM umLa dailiLsom th"kd - -- -- ----- ASSOCIATION ` BUYER'S INSPECTION ADVISORY Wr OF R E A L T O R S (CA.R. Form BIA, Revised 11114) Property Address: 6036 STAFFORD AVE, HUNTINGTON PARk CA 90255 ("property") 1. IMPORTANCE OF PROPERTY INVESTIGATION: The physical condition of the land and Improvements being purchased is not guaranteed by either Seller or Brokers. You have an affirmative duty to exercise reasonable care to protect yourself, including discovery of the legal, practical and technical implications of disclosed facts, and the investigation and verification of information and facts that you know or that are within your diligent attention and observation. A general physical inspection typically does not cover all aspects of the Property nor items affecting the Property that are not physically located on the Property. If the professionals recommend further Investigations, including a recommendation by a pest control operator to inspect inaccessible areas of the Property, you should contact qualified experts to conduct such additional investigations. 2. BROKER OBLIGATIONS: Brokers do not have expertise in all areas and therefore cannot advise you on many items, such as those listed below. If Broker gives you referrals to professionals, Broker does not guarantee their performance. 3. YOU ARE STRONGLY ADVISED TO INVESTIGATETHE CONDITIONAND SUITABIUTYOF ALL ASPECTS OF THE PROPERTY, INCLUDING BUT NOT UNITED TO THE FOLLOWING. IF YOU DO NOT DO SO, YOU ARE ACTING AGAINST THE ADVICE OF BROKER A. GENERAL CONDITION OF THE PROPERTY, ITS SYSTEMS AND COMPONENTS: Foundation, roof (condition, age, leaks, useful life), plumbing, heating, air conditioning, electrical, mechanical, security, pool/spa (cracks, leaks, operation), other structural and nonstructural systems and components, fixtures, built-in appliances, any personal property included in the sale, and energy efficiency of the Properly. B. SQUARE FOOTAGE, AGE, BOUNDARIES: Square footage, room dimensions, lot size, age of improvements and boundaries. Any numerical statements regarding these Items are APPROXIMATIONS ONLY and have not been verified by Seller and cannot be verified by Brokers. Fences, hedges, walls, retaining wags and other barriers or markers do not necessarily identify true Property boundaries. C. WOOD DESTROYING PESTS: Presence of, or conditions likely to lead to the presence of wood destroying pests and organisms. D. SOIL STABILITY: Existence of fill or compacted soil, expansive or contracting soil, susceptibility to slippage settling or movement, and the adequacy of drainage. E. WATER AND UTILITIES; WELL SYSTEMS AND COMPONENTS;WASTE DISPOSAL: Water and utility availability, use restrictions and costs. Water quality, adequacy, condition, and performance of well systems and components. The type, size, adequacy, capacity and condition of sewer and septic systems and components, connection to sewer, and applicable fees. F. ENVIRONMENTAL HAZARDS: Potential environmental hazards, including, but not limited to, asbestos, lead -based paint and other lead contamination, radon, methane, other gases, fuel oil or chemical storage tanks, contaminated sod or water, hazardous waste, waste disposal sites, electromagnetic fields, nuclear sources, and other substances, materials, products, or conditions (including mold (airborne, toxic or otherwise), fungus or similar contaminants). G. EARTHQUAKES AND FLOODING: Susceptibility of the Property to earthquake/seismic hazards and propensity of the Property to fic H. FIRE, HAZARD AND OTHER INSURANCE: The availability and cost of necessary or desired insurance may vary. The location of the Property in a seismic, flood or fire hazard zone, and other conditions, such as the age of the Property and the claims history of the Property and Buyer, may affect the availability and need for certain types of insurance. Buyer should explore insurance options early as this Information may affect other decisions, including the removal of loan and inspection contingencies. 1. BUILDING PERMITS, ZONING AND GOVERNMENTAL REQUIREMENTS: Permits, inspections, certificates, zoning, other governmental limitations, restrictions, and requirements affecting the current or future use of the Property, its development or size. J. RENTAL PROPERTYRESTRICTIONS:Some cities and counties Impose restridionsthat Imitthe amountof rent that can be charged, the maximum numberof occupants,and the right of a landlord to terminatea tenancy. Deadboltor other locks and securitysystemsfor doors and windows, including window bars, should be examined to determine whether they satisfy legal requirements. K. SECURITY AND SAFETY: State and local Law may require the installation of barriers, access alarms, selfdatching mechanisms and/or other measures to decrease the risk to children and other persons of existing swimming pools and tot tubs, as well as various fire safety and other measures concerning other features of the Property. L NEIGHBORHOOD, AREA, SUBDIVISION CONDITIONS; PERSONAL FACTORS: Neighborhood or area conditions, including schools, law enforcement, crime statistics, registered felons or offenders, fire protection, other government services, availability, adequacy and cost of Internet connections or other technology services and installations, commercial, industrial or agricultural activities, existing and proposed transportation, construction and development that may affect noise, view, or traffic, airport noise, noise or odor from any source, wild and domestic animals, other nuisances, hazards, or circumstances, protected species, wetland properties, botanical diseases, historic or other govemmenlagy protected sites or improvements, cemeteries, facilities and condition of common areas of common interest subdivisions, and possible lack of compliance with any governing documents or Homeowners' Association requirements, conditions and influences of significance to certain cultures and/or religions, and personal needs, requirements and preferences of Buyer. ey signs ers acknowledge that they have read, understand, accept and have received a Copy of this Advisory. Buyers a ere ctto read it carefully. Buyer Buyer O 1991-2004. Cailmns AssoClallon of REALTORSO Inc THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSO (C A.R.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS IF YOU DESIRE LEGAL OR TAX ADVICE CONSULT AN APPROPRIATE PROFESSIONAL PubN W and 04* bjbd by REAL ESTATE BUSINESS SERVICES INC " a =610ary of Mt CaMbmin Asaovalm of REALTORSA 52S South Mrod Avenue. Los Angeles CaMorma 90020 Re�awed by Dale BIA REVISED 11114 (PAGE 1 OF 1) 11211 13UYEFVS INSPECTION ADVISORY JBIA PAGE 1 OF 1^ teamry 2I A"— f l!f Tdearap ad Me@ aH era, GA ""I Pho'a (li2p72.ab2 FAX u.ddd U1aeW a.YMs Produced win tWor me by moLegm 1807011dbw M M Read Fraser M _how 4e02e am ._ndm — DocuSlgn Envelope 10:C93EDBF4-8F4C-4252-B92B-B55164OC8B5E C A L I FORNIA ASSOCIATION REPRESENTATIVE CAPACITY SIGNATURE DISCLOSURE IW le OF R E A L T O R S" (c.A.R For, RCSO, Revised 11114) This form is not an assignment. It should not be used to add new parties after a contract has been formed. This Is a disclosure to the Residential Purchase Agreement, Residential Listing Agreement X Other AU Real Estate Disclosures ("Agreement"), dated for the property known as 6036 Stafford Ave. ('Property'), between ("Buyer", Broker) and Vernon City ('Seller') 1. A. ESTATE: (1) Seller is an estate, conservatorship, or guardianship identified by Superior Court Case name as , Case # (2) The person(s) signing below is/are court approved representatives (whether designated as Sole or Co -Executor, Administrator Conservator, Guardian) of the entity described in paragraph 1A1. B. TRUST: (1) The Property ( assets used to acquireilease the Property) is held in trust pursuant to a trust document dated , titled (2) The person(s) signing below is/are Sole/CO/Successor Trustee(s) of the Trust. C. POWER OF ATTORNEY: Seller Buyer Other: ('Principal") has authorized the person(s) signing below ('Attorney -In -Fact", "Power of Attorney" or "POA") to act on his/her behalf pursuant to a General Power of Attorney i Specific Power of Attorney for the Property), dated . This form Is not a Power of Attorney. A Power of Attorney must have already been executed before this form Is used, X D. ENTITY: X Seller Buyer Other: Municipal Corporation Is a Corporation, Limited Liability Company, Partnership which has authorized the offlcer(s), managing member(s) or partner(s) signing below to act on its behalf. An authorizing resolution of the applicable body of the entity described above is E( is not attached 2. The Party acting in a representative capacity represents that the entity for which that Party is acting already exists Representative Party: Entity Name (If PDA, Sign Princ 67yVemon Cify By (Representative Signature j Q.�. UNtsbv. Print Title: Administrator (Print Representative Name) A.�,s- se Date: Entity Name (If POA, Sign Principal's Name) By (Representative Signature) Print Title: (Print Representative Name) Date: Acknowledg%UA""Ipt By Other Party: Seller[X Buyer Other: (Signature) Date: 2/9/2016 oase3A4>reeut=� (Print Name) (Signature) Date (Print Name) O 2014, CaNrom4t Assoriatdn o1 REALTORSe. Inc. United Stain wl`WWO law (Tilts 17 U S Code) Iorbldf the uraWronUd diMbutiun, display and reproduction of Ihs,oral, a any Portion ihereoi, by PMWcOPY macivne or any Other means, InC W nq tacserwe w compulenued formats THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSO (C.A.R). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL PutNished and pstnauied by: REAL ESTATE BUSINESS SERVICES. INC. " a 5 SouthVrgil A California Asocial, C d REACTORS® ' 525 Sauer Virgil Avenue, Las ArpeNes. CaLbma 90020 �' RCSD REVISED 11/14 (PAGE 1 OF 1) Reviewed by Date 11, REPRESENTATNE CAPACITY SIGNATURE DISCLOSURE (RCSD PAGE 1 OF 1) C-wv 11 Aaeur M5 Thpere III ted Flea ►ke RhenN CA "sit Ph— +as-saiNn Fss: "A sr,eara C..v 21 AM— \1Wsreu ProdvCM wAh abFpme ny aoL q, 18070 F41ean Lee Road Fryer VidwW 410211 wrw .M j C A L I F 0 R N I A ASSOCIATION SELLER MULTIPLE COUNTEROFFER No. 1 It OF R E A L T O R S" (C.A.R. Form 3MC0,11/13) Date 0112512016 This Is a counter offer to the: ® CaNfomia Residential Purchase Agreement, []Other dated 014W416 , on property known as between Jonmv Sanchez ('Buyer") and Vernon Cffy ('Seller'). 1. TERMS: The terms and conditions of the above referenced document are accepted subject to the following: A. Paragraphs in the Offer that require initials by all parties, but are not initialed by all parties, are excluded from to final agreement unless specgically referenced for inclusion in paragraph I of this or another Counter Offer. B. Unless otherwise agreed in writing, dorm payment and loan amount(s) wig be adjusted in the same proportion as In the original Offer. C. OTHER TERMS: D. The following attached addenda are Incorporated into this Multiple Counter Offer WAddendum No. 1 2. EXPIRATION: Seger Is makkg Multiple Counter Offers to other prospective Buyers on terms that may or may not be the same as In this Multiple Counter Offer. This Multiple Counter Offer shag be deemed revoked and the deposits, if any, shall be returned: A. Unless by 5:00PM on the third Day After the date Sager signs in paragraph 3 (if more than one Seger, then the last date) (or by -[]AM[] PM on (Date)) all of the following occur. (1) Buyer has signed this Counter Offer AND (if) A copy of the Counter Offer signed by Buyer is personally received by Sailer or who is authorized to receive It AND (IN) After Buyer signs in paragraph 4. Sailer signs in paragraph 5. AND (lv) A copy of this Multiple Counter Offer with Sellers signed selection in paragraph 5 is personally received by Buyer or who is authorized to receive IL (Note: Prior to die completion of 2A(i,)(4),(iii), and (iv) Buyer and Seger shag have no duties or obligations for the purchase or axle of the Property.) ORB. If Seller withdraws this Multiple Counter Offer anytime prior to Acceptance (CAR. form WOO maybe used). 4. THIS MULTIPLE COUNTER OFFER ON THE TERMS ABOVE AND ACKNOWLEDGES RECEIPT OF A COPY. 1/2 5/2016 f Vernon Cite Date Date and�dcnowledges receipt of a Copy. 1/25/2016 4 Jnemr-Smuchez Date Time ❑ AM ❑ PM Date Time ❑ AM ❑ PM ACCEPTED MULTIPLE COUNTER OFFER: By signing below, Seger accepts this Multiple Counter Offer. NOTE TO SELLER: Do until after Buyer signs in paragraph 4. 1/26/2016 l�u Vamon Qv Date Time ❑ AM ❑ PM 73CAOCWFOAFAsaer Date Time ❑ AM ❑ PM ( 1 ) (Initials) Confirmation of Acceptance: A Copy of the Signed Seger Selection was personally received by Buyer or Buyers authorized agent on (date) at []AM ❑ PM. A binding Agreement Is created when a Copy of the Signed Seger Selection is personalty received by Buyer or Buyers suthaized agent whether or not confirmed In this document. O 2013. Caibnra Association of REALTORM Ire. Uniled Stiles copyright low (TIM 17 U.S. Code) forbids In unaWhortmd dithbudon. displey and reproduction of this tam. or any portion owed, by photocopy machine or any od w nwom including facsimile of compul rbacl formals. THL9 FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSO (CAR j NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL. This tam tie mna - amrsIle to real estele prop I - is dwo gh on aprsomment wah or purchase from the C 0xrio Association of REALTORS& It Is not' to identify an user as a REALTORS. REALTORO Is a regi6twed coieelive membership mark which may be wed omit' by members of In NATIONAL ASSOCIATION OF REALTORSO who subaab to b Code of Ethics. k Pubtiahed and Disbbaded by - REAL ESTATE BUSINESS SERVICES, INC. a subeldlery of the C 0omle Associaliah of REALTORSO 1211 . 525 South Vito Avwwe, Los Mgsles, Coftrnfo 90020 eouw,a„s,. Reviewed by Dale �^ SMCO 11H3 (PAGE 1 OF 1) SELLER MULTIPLE COUNTER OFFER (SMCO PAGE 1 OF 1) Ca" 11 Altars. 9195 TdwaO An. led F w Me oust', CA teew Phan: (!tl) 795-M Fa: tau) nt-nn W6 5t~ An Loobw Sowba Prodmrced edam x0omme by =ieLeaa ta070 FIAm ttb hbpd FraswMkMw 4402e C A L I FORNIA ASSOCIATION ADDENDUM OF R E A L T O R S" (CJLP- Form ADM, Revised 4112) NO. 1 The following terms and conditions are hereb incorporated in and made a part of the: © Residential Purchase Agreement, ❑ Manufactured Home Purchase Agreement, n Business Purchase Agreement, ❑ Residential Lease or Month -to -Month Rental Agreement, ❑ Vacant Land Purchase Agreement, ❑ Residential Income Property Purchase Agreement, ❑ Commercial Property Purchase Agreement, []Other dated January 20, 2016 on property known as 6036 ShdY*rd Ave Huntington Park, CA 90056 in which Jonny Sanchez Is referred to as ("Buyerfrenanr) and Vernon City is referred to as ("Seller/Landlord"). 1) Buyers deposit shall be increased to $5,000 2) Seller will not pay for termite r000rt and completion. 3) Buyer shall within 7 days after acceptance aive escrow holder a completed statement of information. 41 For purposes of time periods In this contract, bums anent is authorized to receive all documents d notices on behalf of the buyer or buyers 5) The full copy of the Appraisal Report shall be provided to seller upon receipt 6) Settees choice of Termite, Escrow, Title, Home Warranty and Natural Hazard Report Companies, 71 Section 11D) - Close of Escrow: "Escrow shall close no later than 10 days 100owina final samova/ and acceptance of the sale by the Vernon City Council." 81 Section 32W shall be added to gumbese contract, "NotwfthsftadM1 dw provisions of Sections 30(A) and 3Z final acceptance by Se//e► shall be 2MMM /v contingent on approval of the transacdon by the Vemon M Council Both Buyer's and Se1hAr's obligations running from the "acceptance" date shall run from the date the agreement is signed by the Vernon City Administrator on behaK of the City of Vernon and transmitted to Buyer and/or Buyer's went Thereafter. the Vemon_City_ Council shall have up to 14 days following the wr ten notice of removal of all Buyer aontinaenc)es or until the next reaukwllr scheduled Vemon City Council meedna following written nodce of the removal of ap Buyer condnaenc/eswhichever is later, to provide Its final approval and acceptance of the sale The Vernon City Council reserves the sale and exclushro right to approve or not aporove the sale once all Btnnr's contingencles are removed In the event of non -approval and non -acceptance. Seller shall have no further obligations to Buyer of any kind or nature." The foregoing terms and conditions are hereby agreed to, and the undersigned acknowledge receipt of a copy of this document. 1/25/2016 1/25/2016 Date °001d�"'' bX Date Buyer/Tenant _ x v SeNer/Landkxdyt'' Jonny anc z"" Buyerfrenant Seller/Landlord The ooipinW hw of the Ilrrud Steles (TW@ 17 U.S. Code) forbid the a eudwrind npio Ink of tlia form. or any Pow #Wed. by 001000PY medine Or arty oerw mean,. YKh, I - facet ile or eampuNrtred fomuu. CopyrighM 1986-2012. CALIFORNIA ASSOCIATION OF REALTORSe, INC. ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSO (CAR.} NO REPRESENTATION Is MADE AS TO THE LEGAL VALIDITY OR ADEOUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION, A REAL ESTATE BROKER Is THE PERSON OUALIFiED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAR ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL This form Is aAW" for use by tM w0e real *@tale krduft It Is not kiardad to klenft du yew *@ a REALTOR& REALTORD is a repisWsd talsdve membwahip mark vrhid may be used only by mwnbws of On NATIONAL ASSOCIATION OF REALTORSO who submit to its Code of Edies. r rsd and 0lsel REAL by e REAL ESTATE BUSINESS S SERVICES, INC. a subakilwy of sew CoVemra Asaedaeen ofOVAL TORSe Sn Sauer YMN A wv^ Los ANWw C.Armmr 8002o fie;z by Deu ADM REVISED 4112 (PAGE 1 OF 1)n ADDENDUM (ADM PAGE 1 OF 1) CaLwy 21 Mau%9IN T&rWb Aw. 2N Rye Ma ■kwa. CA "Me Phmu: (-" W5+f]/7 Fac lss2) 163-M ON Apure An DocuSign Envelope ID: 4BC82F86-F6524F7F-B500-88750DOF0466 DocuSign Envelope ID: C97878DC-44FE-43F9-AS09-2074BFDA0871 4 CAL I F O IL N I A REQUEST FOR REPAIR No. 1 ASSOCIATION (Or other Corrective Action) ItOF It E A L T O R S" (C.A.R. Form RR, Revised 12113) Date Prepared: 0210112016 In accordance with the terms and conditions of the: Purchase Agreement or®Other ('Agreement'), dated 01/20/2016 , on property known as 6036 STAFFORD AVE HUNTINGTON PARK CA 90255 ('Property'), between JONNY SANCHEZ ('Buyer"), and OWNER OF RECORD ("Seiler"). BUYER REQUEST: 1. (a) X Buyer requests that Seller, prior to final verification of condition, repair or take the other specified action for each item listed below or on the attached list dated 1 ROOF LEAKING ABOVE LIVING ROOM STAINS NOTED ON CIELING AND LEAKING IN EVE ON RIGHT SIDE OF FIREPLACE IN FAMILY ROOM 2,GARBAGE DISPOSAL DID NOT OPERATE 3,BATH #2 HAS A LEAKING TOILET 4 BATH #3 HAS A LOOSE TOILET AND LEAKING BATH FAUCET (b)(1) jSECTION 1: Buyer requests Seller pay to have Section 1 work completed as specified in the attached Pest Control Report dated prepared by (11) SECTION 2: Buyer requests Seller pay to have Section 2 work completed as specified in the attached Pest Control Report dated prepared by (ill) If Buyer requests either Section 1 or Section 2 work above, Seller shall, no later than 5 (or ) Days Prior to Close of Escrow, Deliver to Buyer a written pest control certification showing the corrective work has been completed. (c) Buyer requests that Seller credit Buyer $ at Close of Escrow. (Note: Credits need to be disclosed to Buyer's lender and total contractual credits may be limited pursuant to the Agreement. Total credit amount may not be enough to remedy all defects or repairs.) (d) Buyer requests that Seiler reduce the purchase price to $ 2. A copy of the following Inspection or other report is attached. a�a� Yl Buyer Buyer 101IS83AMMIN JONNYSANCHEZ Date 02/01/2016 Date SELLER RESPONSE: 'Seller agrees to all of Buyers Request provided in writing (see below) (1) Buyer removes the physical Inspection contingency, (it) _ Buyer removes those contingencies identified on the attached Contingency Removal Form (C.A.R. Form CR) which must be signed by Buyer, and (Ili) Buyer releases Seller from any loss, liability, expense, claim or cause of action regarding the disclosed condition of the Property ('Release"). Seller does NOT agree to any of Buyer's requests X1 SC7.=.,:1 r's request on the attached form (C.A.R. Form RRRR) Sell Date 2/8/2016 Seiler: Date ORO If Seller agrees to all of Buyer's request, Buyer hereby removes the physical Inspection contingencies and those Identified on the attached CR form signed by Buyer and agrees to the above Release. Buyer. Date Buyer: Date 0201S, California Aseodetbn of REALTORSA Inc. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSO (CAR.} NO REPRESENTATION 19 MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON OUALIFIED TO ADVISE ON REAL ESTATE ACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL r Published aed Oleblbuled by: " REAL ESTATE BUSINESS SERVICES. INC. c e subskMuy ofOm CaBbNa AsiodOw orREALTORSO = •525 South "Avenue. Los Anpelea, Caffamle 00020 Revleywd by Date RR REVISED 12/1S (PAGE 1 OF 1) REQUEST FOR REPAIR (RR PAGE 1 OF 1) Crary It AedantINTdapvph Rd ytr Ievw%CA9& M Flo t94tgA4301 Fax 115"d At"" now" Produad vAh dpFarme by dPU& 16070 Fleaap MIa Road, Frnar, Mdvean 46034 ymNLAgLadL0M j CAL I F O R N I A SELLER RESPONSE AND BUYER REPLY = ASSOCIATION TO REQUEST FOR REPAIR No. It OF R E A L T O R S a (Or other Cormcdve Action) (CAR. Form RRRR, Revised 12HS) In accordance with the terms and conditions of the: Request For Repair No. I_ dated 02(01/2016 , on property known as 6036 Stafford Ave. Hundnnton Park, CA 90058 ("Property"), between Jonnv Sanchez ("Buyer), and Vernon City ("Seller). SELLER RESPONSE TO BUYER REQUESTS: 1. Saner agrees: (Check all that apply). A. W to all of Buyer's requests in Request for Repair No. 1 , except: B. at Close of Escrow, to credit Buyer $ C. to reduce the purchase price to S _ D. Other (Note: Credits need to be disclosed to Buyer's lender and total contractual credits may be limited pursuant to the Agreement. Total credit and price reduction amount may not be enough to remedy all defects or repairs.) 2. Sellers agreement only applies If Buyer. A. Removes in writing the physical inspection contingency, B. ® Removes those contingencies identified on the attached Contingency Removal form (CAR. Form CR No. 1 ), which must be signed by Buyer, AND C. Releases Seller and Brokers from any loss, liability, expense, calm or cause of action regarding the disclosed condition of ("Release"), Sei�V Vernon ClNDate 2/8/2016 3CAaCFDAFAsiN7 Seller Date BUYER REPLY TO SELLER RESPONSE: 1. A. Buyer accepts Seller's response; OR B. n Buyer accepts Sellers response with the following modification: OR C. ❑ Buyer withdraws Request for Repair No. , and makes a new request in the attached Request for Repair No. Buyer If Buyer accepts Seller response (1A) or if Seller agrees below to Buyer modifications In 1B, then Buyer (1) will be deemed to have withdrawn all requests for items that Seller has not agreed to; (8) hereby removes the physical inspection contingency,(ia) es those contingencies on the attached CAR. Form CR, which is signed by Buyer, and; (iv) agrees to the 2/9/2016 Jonnv Sanchez Date Buyer Date ONLY APPLIES IF BUYER CHECKS 10 Seller Agreement: ❑ Seller agrees to the Buyer modification on the terms provided above. Seller Rejection: ❑ Seller does not agree to the Buyer modification. Seiler Date Seller Date O 2015, CMkrnla Assod adw of REALTORM Ind. United Sbbs wffftM taw Mon 17 U.S. Coda) rmblds dw wmidwrtod dsblMAkx% dspby and rqx*& dbrl of this torn. w any pwYon tliereol. by phobdapy rrradd w or any oerw manna, bx*Wft t@c9knia a ooerpttbrIWd k1-- b THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS* (CAFLR NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER q THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL This farm Is made avaI " to real estate paNaalonds Ihouph an aprownent wMh or purchase from the CaWamb Assodedon of REALTORM. It Is not MrNrdad to k1wift Bra usw as a REALTORS. REALTOR* b a registered collective wwnbership marts welch may be uaad ordy by n wnbws of to NATIONAL ASSOCIATION OF REALTORSO who subsabe to lb Coda of Esrlde. UPAOdied and Dbbibttlad by:REAL ESTATE BUSINESS SERVICES. INC. a sue rawy of CAVIa r in Assodr don of R ALTORSID South Virpi 525 SAvenue. Las Argsim CaMM@ 80020 Reviawsd by _ Dab s RRRR Revised 12MS (PAGE 1 OF 1) .� Caawry It AMns, 91M TdgpuO An. Sad near n a Wwwa. CA ffip Mew C%317WM Faw (fit) fL3-" "M 5"lod Aw I MOW fawbut Ro&md rMar *Warm* by iyl * 1a070 Phase Man Mo@A Few. MddW 1902a MWLddMkMM j C A L I F O R N I A CONTINGENCY REMOVAL No. 1 = ASSOCIATION (LPL Form CR ftevieW,12(1S) OF IZEALTORS" in accordance with the terms and conditions of the:4 Residential Purchase Agreement (CAR. Form RPA-CA), ❑ Request For Repair, ❑ Response And Reply To Request For Repair or j Other ("Agreement"), dated 0112012016 , on property known as 6036 Stafford Ave, Huntinaton Park, CA 90058 ("Property"), between Jonnv Sanchez ("Buyer") and Vernon City ("Seller-). 1. BUYER REMOVAL OF BUYER CONTINGENCIES: 1. With respect to any contingency and cancellation right that Buyer removes, unless otherwise specified in a separate written agreement between Buyer and Seller, Buyer shag conclusively be deemed to have: (1) completed all Buyer investigations and review of reports and other applicable information and disclosures; (ii) elected to proceed with the transaction; and (iii) assumed all liability, responsibility and, expense, If any, for Repairs, corrections, or for the inability to obtain financing. Waiver of statutory disclosures is prohibited by law. 2. Buyer removes those contingencies specified below. A. ONLY the following individually checked Buyer contingencies are removed: 1. Low (Paragraph 3J) 2. Appraisal (Paragraph 31) 3. Buyer's Physical Inspection (Paragraph 12) 4. All Buyer Investigations other than a physical Inspection (Paragraph 12) 5. Condominium/Planned Development (HOA or OA) Disclosures (Paragraph 1 OF) 6. Reports/Disdosures (Paragraphs 7 and 10) 7. Title: Preliminary Report (Paragraph 13) 8. Sale of Buyers Property (Paragraph 4B) 9. Review of documentation for leased or 1'lened items (Paragraph 8B(5) 10. 11. OR B. 5d ALL Buyer contingencies are removed, EXCEPT: ❑ Loan Contingency (Paragraph 3J); ❑Appraisal Contingency (Paragraph 31); ❑ Contingency for the Sate of Buyers Property (Paragraph 4B); LjCondlominiurnlPlanned Development HOA) Disclosures (Paragraph 10F); ❑ Other OR C. BUYER HEREBY REMOVES ANY AND ALL BUYER CONTINGENCIES. 3. Once all contingencies are removed, whether or not Buyer has satisfied hindherself regarding all contingencies or received any information relating to those contingencies, Buyer may not be erWtled to a return of Buyer's deposit if Buyer does not close escrow. This could happen Sven If, for example, Buyer does not approve of some aspect of the Property or lender does not approve Buyer's ban. NOTE: Paragraph numbers refer to the California Residential Purchase Agreement (CAR. Form RPA-CA). Applicable paragraph n e>owtingency or contractual action in other CAR. contracts are found in Contract Paragraph Matrix (CAR. Form CPM). �C <���_2/9/2016 Rawar Dab Buyer Dab II. SELLER REMOVAL OF SELLER CONTINGENCIES: Seger hereby removes the following Seller contingencies: ❑ Contingency for Sellers purchase of replacement property (CAR. Form SPRP); ❑ Other Seller Vemon City Dab Dab dais) CONFIRMATION OF RECEIPT: A copy of this signed Contingency Removal was persona Seller or authorized agent on 3: 30 phI (date), at 2/9/2016 ❑ AM/ [] PM. O 2003.201 S, Ca lomis Assodsdon of REALTORSO. W. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSO (CAR). No REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED To ADVISE ON REAL ESTATE TRANSACTIONS. iF YOU DESIRE LEGAL OR TAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL. U and d ObIr brAed by. REAL ESTATE BUSINESS SERVICES, INC. a subaldwy of B1e Carbnw Assode%n of REALTORSO .05 south Wo Avowle. Los Anpdw Callbrnia 90020 Rw raW by _ Dale CR REVISED 12/1S (PAGE 1 OF 1) Celery 21 ANduf, 9155 TdWWh Am bW Flow F1en ahaA CA!File Pho w: ISM 7354W I =1SM SUM" dtld!ua"wd Ave I WOW Sagan Pradueed will aPFaree by *UMk 10070 Fneen tale Rued. Fnw. I OM WoUsILWiLM DocuSW 8 laps ID: 5F8BDA42.FC6g 4W4-93OF-027B46FOl2EE ;� 12631 E IMPERIALt,Y Hwy CA CA M213 SANTA Fe SPRa490670 OFFICE: (949) 954-6571 FAX (949) 934-6575 ESCROW INC. Www.PARKFtELDESCROW.COM SALE ESCROW INSTRUCTIONS TO: Parklleld Escrow, Inc. Date: January 27, 2916 Escmw Olnec Markets Espinata tarn. Nombe: 131S ME PARKFIELD ESCROW, INC. CONDUCTS ESCROW BUSINESS UNDER A LICENSE ISSUED TO IT UNDER IDENTIFICATION NO.9632371 BY THE CALIFORNIA DEPARTMENT OF CORPORATIONS. Jaamy SancheL (hereinafter known a Buyer) agree to purchase from City Vernon City, a Municipal Corporation (hereinafter known as Seller) the real property act forth herein per the temp, conditions, consideration and instructions hereinafter stated. The Seller and Buyer herein shall deliver these signed escrow instructions to Parkfkld Escrow, Inc, (hereinafter known as Escrow Holder), within S calendar days after receipt of same. Terms of Transaction Buyer has deposited with escrow S SAM.90 Buyer will deposit prior to close of escrow S 14,900.00 Buyer to Obtain a New 1' Trust Deed in the amount of S 378.100.60 Buyer to Obtain a New 2nd Trust Deed in the amount of S TOTAL CONSIDERATION: S 390,000.00 Furthermore, I will execute and deliver any instruments andlor funds which this escrow requires to sbow title as called for, all of which you we instructed to use an or before February 26, 2916, provided you hold a Policy of Title insurance with the usual title company's exceptions, with a liability ofrue lea than 5390,000,00, covering property in the City of Hoo tlegtoo Park, County of Les Angeles, State of California, described as follows - See exhibit "A" attached hereto and made pan hereof COMMONLY KNOw14 AS 6036 Stafford Avenue, Hunthtgton Park CA 902SS SHOWING TITLE VESTED IN Jenny Sanehes, To Be Determined SUBJECT TO: 1. General and Special County and City (if any) Taxes for the current fiscal year, not due or delinquent, including any special levies, payments for which are included therein and collected therewith. 2. Lien of Supplemental Taxes, if any, assessed pursuant to the provisions of Chapter 3.5 (commencing with Section 75) of the Revenue and Taxation Code of the State of tali fomis. 3. Covenants, Conditions and Restrictions, reservations casements for public utilities, districts, water companies, alleys and stress, rights and rights of way of record, if any; also exceptions of oil, ga, minerals and hydrocarbons, andlor lease, if any, without the right of surface entry. 4. A New FHA FIRST Trust Deed to record, executed by Vestee herein, securing a Note for S370,I00J10 in favor of T8D or order, bearing interest at a rate determined by the Lender, payable as required by the Leda. Buyers' execution of the loon documents shall be deemed approval of all terms and conditions contained therein. Escrow Holder is instructed to comply with all of the lender's requirements in rnmection with said new loss. INSTRUCTIONS TO ESCROW: BUYER TO QUALIFY FOR NEW LOAN: Buyer to apply, qualify for and obtain the new ben as set out above, and the depositing herein of the lenders loan documents shall constitute satisfaction of this condition. The Buyers' signatures on the lenders loan documents shell constitute their acceptance end approval of the terms and conditions contained therein. DEPOSIT RECEIPT: The Deposit Receipt dated 01/27/16 is hereby acknowledged to be made a part of this agreement and the Buyer and Seller agree to be bound by the teens and conditions contained thereon. PRELIMINARY TITLE REPORT: Escrow Holder is instructed to order a copy of the Preliminary Title Report and, if any, covenants, conditions, and restrictions. Upon receipt, forward same to Buyer who will then have $ days from receipt of some in which to approve or disapprove in writing. Absence of written notification by Buyer(s) of disapproval widen specified time shall be deemed Buyers approval of all documents and deposit of final closing funds by Buyer shall satisfy this condition in full. FIRE INSURANCE: Buyer herein agrees to furnish new fire insurance prior to the close of escrow with sufficient coverage an the dwelling for replacement of subject property. Buyer to deposit sufficient finds as called for by Escrow Holder to pay first year premium at close of escrow Lenders release of loan funds shall be deemed their approval of said insurance coverage ATTACHED HERETO AND MADE A PART HEREOF My 1wideb below represent car agreement and acknoawledgement of the jerego6rg Page 08 1W BUYER INITIALS SELLER INITIALS DoeuSign Envelope ID: 5F@B0A42-Ft2945644WF4)27846F012EE Parkfleld Escrow, Inc. Date•. January 27, 2016 Escrow No, 13852-ME PRELIMINARY CHANGE OF OWNERSHIP REPORT: Prior to the close of escrow. Grantee shall cause to be handed to Escrow Holder a fully completed and executed "Preliminary Change of Ownership Report" pursuant to the requirernets and in accordance with Section 490.3 of the Revenue and Taxation Code, State of California. If Grantee so chooses, Grantee may elect not to complete and execute said form prior to the close of escrow. In such an ever, Grantee is aware that a S20.W charge will be assessed by the County Recorder's Office and Escrow Haider will charge the account of the Gromee accordingly. Escrow Holders sole duty shall be the delivery of said form to the County Recorder at the time of recur , lion of transfer documents. (ESCROW CANCELLATION FEE: Borrower is swam that in the ever this escrow is cancelled, Borrower shall pay s cancellation fee of S508.00 to Escrow Holder. Said cancellation fee to be deducted from funds on deposit upon written andfor verbal notice of cancellation by Lender or Borrower. Buyer shall within T days of acceptance give escrow holder a completed statement of Information. For purpose of time perleds In this contract, buyers ageut Is authorized to receive all documents aced notlees on behalf of the buyer or buyers. The foil copy of the appraisal report shall be provided to the seller tpn receipt. Section ID Close of Escrow- Escrow shag close an later then 10 days tell wing final approval and acceptance of the sale by the Verson City Council. Section 32A Shag be added to purchase contract- Notwithstanding the provisions of section 30A and 32, final acceptance by seller shag be expressly contingent on approval of the transaction by the Vernon City Council, be* buyer's and seller's obligations running from The 'acceptance" date shall run from the date of agreement is signed by the Vernon City AdmhdW& er on behalf of the city of Vernon and traru dated to buyer andler buyer's agent. Thereafter the Verson City Council shag have tp te 14 days following sloe written notice of removal of all buyer eontlageuetes, or until the next regularly scheduled Vernon City Coaaell meeting following written notice of removal of all buyer eontlngenele , whichever Is later to provide its final approval and oeceptonce of the sole. The Vernon City council reserves the sale and excluive right to approve or not approve the ask am buyer's eontimgendes are removed. In the event of son -approval and noa-acceptanee, seller shall have on rurther obligations to buyer of any kind or nature. HOME WARRANTY PROTECTION PLAN: Seller to provide a one-year Home Protection Plan for subject property and hereby authorizes Escrow Holder to pay for same at the dose of escrow from proceeds due Seller herein not to exceed $450.00. FACSIMILE SIGNATURES: In the event any party utilizes 'Facsimile transmitted signed instructions to Escrow Holder, you are to rely an same for all escrow instruction purposes and the closing of escrow as if they bore original signatures. Said party shall provide to Escrow Holder, within 72 hours after transmission, original signatures, Notwithstanding the foregoing, any and all escrow instructions pertaining to the release or disbursemrnt of funds from escrow prior to close of escrow requires original, NOTARIZED signatures. Parties herein are advised that documents with non -original signature may not be accepted for recording by the County Recorder, thus making impossible the closing of this escrow without the submission of aiginol documents. SUPPLEMENTAL TAX INFORMATION: The tax assessor has the right to reassess the subject property after close of escrow and issue a suppiernetal out bill to the Buyer, who shall be solely responsible far some. In the event the Seller receives a supplemental tax bill for prior tax year(,) before close of escrow, charge Sellers account. Supplemental tax bills for any to period prior to close of escrow is the sole responsibility of the Seller. if any such supplemental tax bill has been issued for this current tax year. It b the Seller's responsibility to forward said bill to the new Buyer, and the Boyers responsibility for payment of same. In such event mid supplemental bill will be added to the current tax bill and prorated accordingly at clans ofescrow. TAX BILLS ISSUED AFTER THE CLOSE OF ESCROW SHALL BE HANDLED DIRECTLY BETWEEN BUYER AND SELLER. IRS 10" REPORTING DISCLOSURE: Portia me muds aware that we we required by law to report the total "grass" proceeds (total considemtionlsales price) on all real estate sales to the IRS at closing. In addition, parties are further nude aware that Escrow Holder will also be required by H.R. 638 "Home Sole Tax Fairness Act of 1992" to report to IRS the amount of real estate property taxes apportioned between the parties at close of escrow. Seller is to complete, sign and return the attached certification form to Escrow Holder, (all sellers must sign), and this escrow may not close if this form is not received prior to closing. This is an IRS requirement, and any question should be directed to the Treasury Department and not Escrow Haider. NOTE: Corporations are automatically exempt from IRS 1099 reporting. INSTRUCTIONS NOT TO SUPERSEDE: These escrow instruction are executed for the sole purpose of enabling the Escrow Holder to complete this transaction, and are not intended to amend, modify, supersede or in any way change that certain agreement entered into by the parties harem and dated prior to these escrow instructions. Parkfield Escrow, Inc.. its officers and -or employees shall not be concerned with said agreement or any matters a contained therein and is responsible only for such masers as are specifically set out above in the instructions. MEMORANDA: THE FOLLOWING ARE SHOWN AS A MATTER OF AGREEMENT BETWEEN PARTIES ONLY. ALL PARTIES ARE AWARE AND ACKNOWLEDGE THAT ESCROW HOLDER SHALL HAVE NO RESPONSIBILITY WITH REGARD TO THESE ITEMS. ESCROW HOLDER WILL TAKE NO ACTION WITH RESPECT TO THESE ITEMS EITHER BEFORE OR AFTER THE CLOSE OF ESCROW - CHANGES DURING ESCROW: Prior to the close of escrow, Seller agrees not to (1) rent or lease any vacant unit, or other part of the premises, (2) alter, modify or extend any existing lase agreements or (3) enter into, alter, modify or extend any service contract(s), without first having obtained Buyers written approval. AGENCY CONFIRMATION: The following agency relatiaaltip(s) are hereby confirmed for this trnsacbon Page 2 DocuSlgn Envelope ID: 5F/BDM2-Ff 69f 4564-9 F 027WF012EE Parkfield Escrow, Inc. Date: January 27, 2916 Escrow No 13352-ME Listing Agent Luther Sanebez is the agent of the Sella. Selling Agent Martin Robks is the agent of the Buyer. SMOKE DETECTOR(S): State law requires that residences be equipped with an operable smoke detector(s). Local ordinances may have additional requirements. Unless exempt, Seller shall deliver to Buyer a written statement of compliance in accordance with applicable sate and local law prior to close of escrow CONDITION OF PROPERTY: Seller warrants that on the date possession is made available to Buyer. The built-in appliances and plumbing, hesting/air conditioning, electrical, water, seweraeptie, and pooltsps systems, if any, shall be operative. The roof shall be free of krawm leaks. All broken or cracked glass shall have been replaced All other items, including landscaping, grotmds, and pooVspa, if any, shall be maintained in the same condition as on the date of acceptance of the offer. FIXTURES: All existing fixtures and fittings that are attached to the property or for which special openings have been made are included in the purchase price, (unless excluded elsewhere in these instructions) and are tramierred free of liens, including, but not limited to, electrical, light, plumbing and hearing fixtures, solar systems, fireplace inserts, buill•in appliances, screens, awnings, shutters, window coverings, attached floor coverings, T.V. Nuamas/satdlite dishes and related equipment, private integrated telephone systems, air cooler or conditioner, pool and spa equipmen4 water softeners (if owned by Seller), security systems and/or alarms (if owned by Seller), garage door openers/remow controls, attached fireplace equipment, mailbox, all in -ground landscaping including Wrest and shrubs RETROFIT: Compliance with any minimum mandatory government retrofit standards, including proof of compliance, shall be paid for by seller ENERGY CONSERVATION RETROFIT: if local ordinance requires that the property be brought in compliance with minimum energy Conservation Standards as a condition of transfer, Buyer shall comply with and pay for these requirements. LIQUIDATED DAMAGES CLAUSE: Buyer and Seller have initialed the "Liquidated Damages" clause contained in the Real Estate Purchase Contract for the subject property. ARBITRATION CLAUSE: Buyer and Seller have initialed the "Arbitration" clause contained in the Real Estate Purchase Contract for the subject property. SELLER REPRESENTATION: Seller werrants that Seller has no knowledge of any notice of violations of City. County, State, Federal, Building, Zoning, Fire, Health Codes or ordinances, or other governmental regulation filed or issued against the property. This warranty shall be effective until date of close of escrow. "END OF MEMORANDUM ITEMS* THE FOLLOWING PRORATIONS AND/OR ADJUSTMENTS ARE TO BE MADE AS OF: CLOSE OF ESCROW 1. Real Property Taxes based on latest available tax bills. WE, JOINTLY AND SEVERALLY, ACKNOWLEDGE RECEIPT OF A COMPLETE COPY OF THE WITHIN ESCROW INSTRUCTIONS AND BY OUR SIGNATURES SET FORTH BELOW, ACKNOWLEDGE THAT WE HAVE READ, UNDERSTAND AND AGREE TO BE BOUND BY THE TERMS AND CONDITIONS CONTAINED THEREIN, IN THEIR ENTIRETY. Bayer, signature: Jonny Sanchez The foregoing terms, provisions, conditions and instructions are hereby approved and accepted in their entirety and concurred with by me. 1 will hand you necessary documents called for on my part to cause title to be shown as set out herein, which you are authorized to deliver when you hold or have caused to be applied to funds set forth herein within the time as herein provided. You arc authorized to pay on my behalf, my recording fen, charges for evidence of tide as called for whether or not this escrow is consummated, except those the Buyer agreed to pay. You are hereby authorized to pay bonds, assessments, taxes, and any liens of record, including prepayment petudg , if any, to show title as called for You are further instructed to pay documentary transfer tax on deed as required. You are further authorized and instructed to pay commission as set firth on separate instructions made a part hereof. seller's Signswre: City Vernon City, a Municipal Corporation Page J DocuSign Envelope ID: SFBBDA42-FC69-4564-930E-027B46F012EE ParkOeld Escrow,lnc. o-,"a"d " J. km B Q�jj,Mv_4*ninisirat ar ATTACHED HERETO AND MADE A PART HEREOF Aly initials below represent my agreement and acknowledgement of the foregoing Page J DS BUYER INITIALS SELLER INI"rIALS _. a/ Date: January 27, 2016 Escrow No 13852-ME DocuSign Envelope ID5FBBDA42-FC69-4564-930E-027B46F012EE Parkfleld Escrow, Inc. Date: January 27, 2016 Escrow No 13852-NIE ADDITIONAL ESCROW INSTRUCTIONS AND PROVISIONS 1. The parties to this escrow are made aware that Escrow Holder has no obligation to verify signatures of any of the parties Involved. 2. You shall not be responsible for the following: (I I the sufficiency or correctness as to form, manner of execution or validity of any documents deposited in this escrow: (2) the identity, authority, or right of any person executing the same, either as to documents of record or those handled in the escrow: or (3) the failure of any party to comply with any of the provisions of any agreement, contract or other instrument filed or deposited in this escrow or referred to in those escrow instructions. Your duties shall he limited to the safekeeping of money and documents received by you as Escrow Holder and for the disposition in compliance with the written Instructions accepted by you in this escrow. You shall not be requited to take any action regarding the collection, maturity, or apparent outlaw of any obligations deposited with you unless otherwise instructed in writing 3. Where the assignment of any insurance policy from Seller to Buyer is concerned, Seller guarantees to you any insurance policy handed you in this escrow is policy in force, the policy has not been hypothecated and that all necessary premiums have been paid You are authorized to execute on behalf of the parties assignments of interest in any insurance policy (other than title insurance policies) called for in this escrow, you are authorized to transmit for assignment any insurance policy to the insurance agent requesting that the insurer consent to such assignment, to request that a loss payee clause or such other endorsements as may be required be issued and to forward such policy to the lenders and entitled parties. You shall not be responsible for verifying the acceptance of the request for assignment and policy of insurance by the insurance company 'The parties mutually agree that you will make no attempt to verify the receipt of the request for assignment by the issuing insurance company. All parties are placed on notice that if the insurance company should fail to receive the assignment, the issuing company may deny coverage for any loss suffered by Buyer. IT IS THE OBLIGATION OF THE INSURED OR THE INSURED'S REPRESENTATIVE TO VERIFY THE ISSUING COMPANY'S ACCEPTANCE OF THE ASSIGNMENT OF THE POLICY. 4. You are not to be held responsible in any way whatsoever for any personal property tax which may be assessed against any former or present owner of the subject property described in these escrow instructions, nor for the corporation or license tax of any corporation as a former or present owner. S. If it is necessary, proper or convenient for the consummation of this escrow, you are authorized to deposit or have deposited funds or documents, or both, handed you under these escrow instructions with any duly authorized sub -escrow agent, including, but not limited to, any bank, trust company, title insurance company, title company, savings and loan association, or licensed escrow agent, subject to your order at or before close of escrow in connection with closing this escrow. Any such deposit shalt be deemed a deposit under the meaning of these escrow instructions. 6. The parties to this escrow have satisfied themselves outside of escrow that the transaction covered by this escrow is not in violation of the Subdivision Map Act or any law regulation land division, zoning ordinances or building restrictions which may affect the land or improvements that are the subject of this escrow. You, as escrow holder, are relieved of all responsibility and liability in connection with such laws, ordinances, restrictions or regulations and are not to be concerned with any of their enforcement. 7. If any form of Purchase Agreement of amendment or supplement (collectively "Purchase Agreement") is deposited in this escrow, it is understood that such document shall he effective only as between the parties signing the Purchase Agreement. You, as Escrow Holder, are not to he concerned with the terms of any Purchase Agreement and are relieved of all responsibility for the enforcement of its terms, Your only duty is to comply with the instructions set forth in the escrow instructions. You are not responsible for interpreting or acting on any provision of any Purchase Agreement on which these escrow instructions may be based and you shall not rely on any knowledge or understanding you may have of any such Purchase Agreement in ascertaining or performing your duties as Escrow Holder. In connection with any loan transaction, you are authorized to deliver a copy of any Purchase Agreement, supplement or amendment and a copy of all escrow instructions, supplements or amendments to the lender. 8 You shall make no physical inspection of the real property or personal property described in any instruments deposited in, or which is the subject of this escrow. You have made no representations or warranties concerning any such real property or personal property and are not to be concerned with nor liable for the condition of real property or personal property. 9. The parties authorize the recordation of any instrument delivered through this escrow if necessary or proper for the issuance of the required policy of title insurance or far the closing of this escrow. Funds, instructions or instruments received in this escrow may be delivered to, or deposited with any title insurance company or tide company to comply with the terms and conditions of this escrow. 10. You are to use your usual document forms or the usual forms of any title insurance company or title company and in our instructions insert dates and terms on the instruments if incomplete when executed. 11. If the date by which Buyer's or Seller's performances are due shall be other than your regular business day, such performances shall be due on your next succeeding business day 12. You shall conduct no lien or title search of personal property regarding the sale or transfer of any personal property through this escrow Should the parties desire that you conduct a lien or title search of personal property, the parties requesting the same shall deliver separate and specific written escrow instructions to you along with an agreement to pay your additional escrow fees. 13. You shall not be responsible on any way whatsoever nor are you to be concerned with any question of usury in any loan or encumbrance, whether new or of record, which may arise during the processing of This escrow ATTACHED HERETO AND MADE A PART HEREOF My initials below represent my agreement and acknowledgement ojthe%regoing Page 3 /o's, BUYER INITIALS SELLER INITIAL t1l DoeuSign Envelope ID: 5F8BDA42-FC69.4564-930E-027B46F012EE Parkfleld Escrow, Inc. Date January 27, 2016 Escrow No 13852-ME t4 The parties agree to deliver to you all documents, instruments, escrow instructions and funds required to process and close this escrow in accordance with its terms. I5. You are instructed to provide title to the subject real property in the condition identified in the escrow instructions by the parties You are not responsible for the contents or accuracy of any beneficiary demands and/or beneficiary statements delivered to you by the existing lienholders. You are not required to submit any such beneficiary statements and/or demand 10 the parties for approval before the dose of escrow unless expressly instructed to do so in writing. Should the parties desire to pre -approve any such beneficiary statement and/or demand, the panics requesting the same shall deliver separate and specific written escrow instructions to you. 16_ You are not to be responsible in any way whatsoever nor to be concerned with the terms of any new loan or the content of any loan documents obtained by any party in connection with this escrow except to order such loan documents into the escrow file, transmit the loan documents to Buyer for execution and transmit the executed loan documents to lender. The parties understand and agree that you are not involved nor concerned with the approval and/or processing of any Ivan or the contents and effect of loan documents prepared by a lender 17, 'The panics expressly indemnify and hold you harmless against third -parry claims for any fees, costs or expenses where you have acted in good faith, with reasonable care and prudence and/or in compliance with these escrow instructions. You are not required to submit any such beneficiary statement andlor beneficiary demand to the parties for approval before the close of escrow unless expressly instructed to do so in writing. Should the party(ies) desire to pre -approve any such beneficiary statemem and/or beneficiary demand, the party(ics) requesting the same shall deliver separate and specific written escrow instructions to you. I S. The Federal Tax Reform Act of 1986, as amended, and the California Revenue & Taxation Code, require certain transactions to be reported to the Internal Revenue Service And the California State Franchise Tax Board. In those imnsactions Seller will furnish a correct tax identification number to you so you can report this transaction as required by law. Seller understands that Seller may be subject to civil or criminal penalties for failure to do so. 19. The parties agree that you have the responsibilities of an Escrow Holder only and there are no other legal relationships established in the terms and conditions of the escrow instructions, fit connection with this escrow: (1) You shall have no duty or responsibility of notifying any of the parties to this escrow of any sale, resale, loan, exchange or other transaction involving any of the subject real property or personal properly; (2) You shall have no responsibility or duty to disclose any benefit, including, but not limited to financial gain, realized by any person, firm or corporation involving any of the subject real property or personal property; and (.l) You shall have no responsibility or duty to disclose any profit realized by any person, firm or corporation including, but not limited to, any real estate broker, real estate sales agent and/or a party to any other escrow, in connection therewith, although such other transaction may be handled by you in this escrow or in another escrow transaction. If, however, you are instructed in writing by any party, Lender or other entitled person to disclose any sale, resale, loan, exchange or other transaction involving any of the subject real property or personal property or any profit realized by any person, firm or corporation to any party to this escrow, you shall do so without incurring any liability to any party. You shall not be liable for any of your acts or omissions done in good faith not for any claims, demands, lasses or damages made or suffered by any party to this escrow, excepting such as may arise through or be caused by your willful neglect or gross misconduct. 20. Buyer acknowledges that pursuant to the California Revenue & Taxation Code a Change of Ownership form is required by the county recorder to be completed and affixed to any documents submitted for recording which evidence a conveyance of tide. The Change of Ownership form shall be furnished to Buyer by you for Buyer's completion end execution. Buyer is aware that if Buyer does not complete the form in full, sign and return it to you before closing, a penalty will be assessed by the county recorder. If the Change of Ownership form is riot filed after the close of escrow within the time limits set forth by the county recorder, severe additional penalties will be assessed against the Buyer. For Information and assistance in completing the Change of Ownership form, Buyer may contact the County Recorder and Assessors offices in the county in which the subject property Is located. 21. The panics shall cooperate with you in carrying out the escrow instructions they deposit with you and completing this escrow 'The parties shall deposit into escrow, upon request, any additional funds, instruments, documents, instructions, authorizations, or other items that are necessary to enable you to comply with demands made on you by third parties, to secure policies of title insurance, or to otherwise carry out the terms of their instructions and close this escrow. If conflicting demands or notices are made or served upon you or any controversy arises between the parties or with any third person arising out of or relating to this escrow, you shall have the absolute right to withhold and stop all further proceedings in, and in performance of, this escrow until you receive written notification satisfactory to you of the settlement of the controversy by written agreement of the parties, or by the final order or judgment of a court of competent jurisdiction. All of the parties to this escrow, jointly and severally, promise to pay promptly on demand, as well as to indemnify you and to hold you harmless from and against all administrative governmental investigations, audit and legal fees-, litigation and interpleader costs, damages, judgments, attorneys' fees, arbitration costs and fees, expenses, obligations and liabilities of every kind (collectively "costs") which in good faith you may incur or suffer in connection with or arising out of this escrow, whether said costs arise during the performance of or subsequent to this escrow, directly or indirectly, and whether at trial, or on appeal, in administrative action, or in an arbitration. You are given a lien upon all the rights, titles and interests of the parties and all escrow papers and other property and monies deposited into this escrow to protect your rights and to indemnify and reimburse you. If the parties do not pay any fees, costs or expenses due you under the escrow instructions or do not pay for costs and attorneys' fees incurred in any litigation, administrative action andlor arbitration, on demand, they each agree to pay a reasonable fee for any attorney services which may be required to collect such fees or expenses, whether attorneys' fees are incurred before trial, at trial, on appeal or in arbitration ATTACHED HERETO AND MADE A PART HEREOF illy isrifials below represent my agreement and acknowledgement of the foregoing Page 6 E0' BUYER INITIALS SELLER INITIALS DocuSign Envelope 10: 5F88DA42-FC69AS64-930E-027B46F012EE Porkfteld Escrow, Inc. Date: January 27, 2016 Escrow No 11852-ME 22 .ALL NOTICES, DEMANDS AND INSTRUCTIONS MUST BE IN WRITING. No notice, demand, instruction, amendment, supplement or modification of these escrow instructions shall be of any effect in this escrow until delivered in writing to you and mutually executed by all parties. Any purported oral instruction, amendment, supplement, modification, notice or demand deposited with you by the parties or either of them shall be ineffective and invalid. You are to be concerned only with the directives expressly set forth in the escrow instructions, supplements and amendments thereto, and are not to be concerned with not liable for items designated as "memorandum items" in the escrow instructions. These escrow instructions may be executed in counterparts, each of which shall be deemed an original regardless of the date of its execution and delivery All such counterparts together shall constitute the same document. The panics acknowledge and understand that you, as Escrow Holder, are not authorized to practice the law nor do you give financial advice. The parties are advised to seek legal and financial counsel and advice concerning the effect of these escrow instructions The parties acknowledge that no representations are made by you about the legal sufficiency, legal consequences, financial effects or ia.x consequences of the within escrow transaction 23. Notwithstanding any other provisions in these escrow instructions and in addition to other fees and costs to which you may be entitled, the parties, jointly and severally, agree that if this escrow is not consummated within ninety (90) days of the date set for closing, you are instructed to, and without further instructions, withhold your escrow hold open fee of $50.00 per month from the funds on deposit with you regardless of who deposited such funds. The parties, jointly and severally, further agree that if you are, for any reason, required to hold funds after close of escrow, you arc instructed to, and without further instructions, withhold an escrow fee of 550.00 per month from the funds on deposit with you regardless of who deposited such funds. The parties irrevocably instruct you to automatically cancel this file without further instructions when all funds on deposit have been disbursed. 24 Your Escrow Holder agency shall terminate six (6) months following the date last set for close of escrow and shall be subject to earlier termination by receipt by you of mutually executed cancellation instructions If this escrow was not closed or cancelled within the described six (6) month period, you shall have no further obligations as Escrow Holder except to disburse funds and documents pursuant to written escrow instructions and to interplead or otherwise dispose of funds and documents in accordance with a validly issued and validly served order front a court of competent jurisdiction. If the conditions of this escrow have not been cumplied with at the expiration date in these escrow instructions, you are instructed to complete the conditions at the earliest possible date, unless Buyer or Seller have made written demand upon you for the return of the funds and/or instruments deposited by Buyer or Seller anit/or for cancellation of this escrow. Should demands be made upon you, you may withhold and stop all further proceedings in this escrow without liability for interest on funds held or for damages until mutual cancellation instructions signed by all parties shall have been deposited with you The parties, jointly and severally, agree that if this escrow cancels or is otherwise terminated and not closed, the parties shall pay for any costs and expenses which you have incurred or have become obligated for under these escrow instructions, including, but not limited to, attorneys' fees, arbitration fees and costs and reasonable escrow fees for the services rendered by you, the parties agree that such costs and expenses shall be paid and deposited in escrow before any cancellation or other termination of this escrow is effective. The parties agree that said charges for expenses, costs and fees may be apportioned between Buyer and Seiler in a manner which, in your sole discretion, you consider equitable, and that your decision will be binding and conclusive upon the parties. Upon receipt of mutual cancellation instructions or a final order orjudgment of a court of competent jurisdiction with accompanying writs of execution, levies or garnishments, you are instructed to disburse the escrow funds and instruments in accordance with such cancellation instruction, order or judgment and accompanying writ and this escrow shall, without further notice be considered terminated and cancelled. 25. If any check submitted to you is dishonored upon presentment for payment, you arc authorized to notify all parties to the within escrow, their respective real estate brokers and real estate agents and any other person or entity you deem in you sole discretion necessary to notify. 26 The parties agree to release you from any and all liability of any kind or nature and to indemnify you from any loss, damages, claims, judgments or costs of any kind or nature resulting from or related to the release or discharge of hazardous or toxic wastes on the subject property whether it occurred in the past or present or may occur in the future which release or discharge is in violation of law, in excess of any state and federal standards, permit requirements and/or disclosure requirements existing at this time or which may exist at a future time. The parties represent that they made their own assessment of the condition of the subject property and have not relied on any of your representations in making the assessment. The parties are advised to seek independent legal and technical environmental expert advice in assessing the risks associated with potential hazardous or toxic wastes. 27, In these escrow instructions, wherever the context su requires, the masculine gender includes the feminine and/or neuter and the singular number includes the plural. 28. You are authorized to destroy or otherwise dispose of any and all documents, papers escrow instructions, correspondence and records or other material constituting or pertaining to this escrow at any time after five (5) years from the date of (1) the close of escrow: (2) the date of cancellation. or (3) the date of the last activity without liability and without further notice to the panics. Buyer's Signature: Seller's Signature: Sanchez Cit ,jhy a Municipal Corporation Q.J. iAl. w By AW}ly@WWWrninistrator Page 7 DocuSlgn Envelope ID: 5FBBDA42-FC69-4564.930E-027B46F012EE Parkrield Escrow, Inc. Pase d Dam. January 27,2016 Escrow No 11852-NIE DocuSign Envelope ID: 5F8BDA42-FC6945644I30F4I27B46F0/2EE E IMPERIAL H Wy S2631 S.w rwFESARW90670GS,CA 90670 OFFICE: (949) 954-6571 FAX: (949)954-6575 ESCROW INC. WWW.PARKFIELDESCROW.COM City Vernon City a Municipal Corporation Date: February 2, 2016 Escrow No.: 13952-ME Property. 6036 Stafford Avenue, Honflogtou Part, CA l0255 • • . SELLERS CERTIFICATION FOR REAL ESTATE REPORTING REQUIREMENTS • In connection with the above numbered escrow that has been opened with us, we request the following tax information be completed and returned to this office prior to the close of escrow. This information is required by the Internal Revenue Service under the 1986 Tax Reform AcL Any failure to complete this form fully and promptly return to escrow tiny result in delaying the close of your escrow. I.Taxpayer Name Line 1: C 1� y Vt-y C ✓ vt o✓i lb. Social SectaityfrlN/FEIN M: q S - VCGi Ic. % of Ownership: 10 C 2. Taxpayer Name Line 2: 2b. Social SecurityfrlN/FEIN M: 2e. % of Ownership• 3. Forwarding Street Address: 4 3 015 S[+✓tfri T�G *e- 4. City, State, Zip: Cy h ovi , C A at oc 5 5. Contract Sales Price: S- 6. Is this an Exchange? Yes El No 7. Taxpayer Type: ❑ Individual ❑ Trust ❑ Estate ❑ Partnership ❑ Other NOTE: The Information an this fore Is being tarnished to the lateral Revenue Service. Under penalty of perjury, I/We certify that the taxpayer I.D. number shown an this farm is my our Correct Social Security or Federal Employer Identification Number. Me understand that VWe am/are required by law to provide my our correct taxpayer identification number and I/We may be wbjed to civil or criminal penalties if I We provide incorrect information. Date 2/8/2016 - Dote City Vernon City, a Municipal Corporation o.edyr A SdN. By By: �inistrator DoeuSlpn Envelope ID: SFBBDMY-FCEYd98F93OF-027B/6FOt2EE NOTICE OF CALIFORNIA WITHHOLDING & REPORTING Property 6036 Stafford Avenue, Hoo tfeugnm Park, CA 96255 Escrow No.: 13852-ME Under Califomin law (Rev & Tax Code 118662), a buyer may be required to withhold and deliver to the Franchise Tax Board (FTB) an amount equal to 3.330. of the sales price ("Basic Withholding") in the case of disposition of California real property interest ("Real Property') by either L a seller who is an individual, trust or estate or when the disbursement instructions authorize the proceeds to be sent to a financial intermediary of seller; OR 2_ a corporate seller that has no permanent place of business in California immediately after the transfer of title to the Real Property Buyer may be subject to a penalty (equal to the grater of 101. of the amount required to be withheld or $500) for failing to withhold end transmit the funds to FTS in the time required by law. Buyer is no required to withhold any amount and will not be subject to penalty for failure to withhold if: a. the sales price of the Real Property does not exceed $100.000, OR b. the seller executes a written certificate under penalty of perjury certifying that the seller is a corporation with a permanent place of business in California; OR c. the seller, who is an individual, trust, estate or a corporation without a permanent place of business in California, executes a written certificate under penalty of perjury certifying one of the following: ( the Real Property was the sellers or decedent's principal residence (within the meaning of Internal Revenue Code (IRC) f121); ii. the Real Property being conveyed was lest used by the transferor as transferor's principal residence within the meaning of IRC 1121; iii. the Real Property is or will be exchanged for property of like -kind (within the meaning of IRC f 1031) but only to the extent of the amount of pin not required to be recognized for Celifornia income tax purposes under I RC f 1031; iv. the Reel Property has been compulsorily or involuntarily convened (within the meaning of IRC f 1033) and the seller intends to acquire property similar or related in service or use so as to be eligible for non -recognition of pun for California income tax purposes under IRC f 1033; or v. the Real Property sale will result in a loss or net gain not required to be recognized for California income tax purposes. SELLER IS SMECr TO PENALTIES FOR KNOWINGLY FILING A FRAUDULENT CERTIFICATE FOR THE PURPOSE OF AVOIDING TIM WITHHOLDING LAWS. Effective January 1, 2007, Seller may elect an alternative to Basic Withholding by certifying the amount to withhold which must be equal to the applicable maximum tax rate on the actual pin ofthe Real Property ("Alternative Withholding"). Contact FrB: For additional information regarding California withholding or for the Alternative Withholding, contact the Franchise Tax Board at (toll free) 998.792-4900, by email arwgirRb.ca.ao► or visit their website at www.Rb ea.aov. For tax advice, please consult your own legal advisor or tax professional. SELLER City Vernon City, a Municipal Corporation D-21we err d. �. IJ�klseuL Administrates BUYER: Jonny Sanchez DocuSign Envelope ID: SFODW2-FC69.456&930E-027546F012EE 4 12631 E EIMPERIAL RW Hvn 90670 SANTA FE SPR9vG5, CA 90670 �64 OFFICE:(949)9S4-6571 FAX:(949)954.6575 ESCROW INC. WWW.PAUFMU)ESCItOW.COM RE: Escrow No.- 13852-ME fate: February 2.2016 Officer. Markels Esptaors Property: 6036 Stafford Avenue, Huntington Park, CA 90255 INFORMATION REQUEST In order for us to obtain statements of account from your existing lander(s) or homeowner'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 Applicable Regulation requires notheriaatien in wring from you before a leader can release any payoff Information to an Escrow Holder. A delay In returoing this signed and completed form could delay the close of this eaerow. FIRST TRUST DEED NA Lender Name Address -- --- Loan Number M SECOND TRUST DEED Lender Nome Address Loan Number HOMEOWNER'S ASSOCIATION (if applicable) Association Name Management Co. Address Account Number Our signatures below an 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' fen, including, but not limited to: Statement Fees, Transfer Fen, Late Fen, Prepsyment Penalties, Impound Account Shortages without our further approval. Plesse Provide Your Forwarding Address below, so funds or documents may be sea to you after close of escrow. ��e.t,letl IC.A JDL)�' t11 Effective Bate:1-1 U 1 SELLER CiMmI�N��qI� Maw [rMunicipal Corporation By: .. i inistrator Slramisne - Low lafarrmlion Suet Aupm 25. 3009 DoeuSign Envelop* ID: SFOODA42-FC89 4W4-R30F4WO46MI2EE JP 2a� SANTA FE SPRINGS, CA 90670 OFFICE: (949) 954.6571 FAx: (949) 954-6S7S ESCROW INC. WWWPAR1ct?ELDESCROw.COM Date: February 2, 2016 Escrow No.:138S2-ME NOTICE TO ALL BUYERS AND SELLERS OF REAL ESTATE The Foreign Investment In Real Property Tax Act (FIRPTA) FOR YOUR INFORMATION..... BUYER'S RESPONSIBILITY TO WITHHOLD - Effective January 1, 1985, Internal Revenue Code 1445 requires all Buyers who purchase real property in the United States from foreign Sellers to withhold ten percent (101s) of the purchase price from the sale proceeds and to pay that amount to the Internal Revenue Service (IRS) within ten (10) days of the date the escrow closes unless an exemption from withholding applies. IF THE BUYER FAILS TO WITHHOLD AND PAY TO THE IRS THE CORRECT AMOUNT OF TAX ON A NON-EXEMPT SALE, THE BUYER WILL BE LIABLE TO THE INTERNAL REVENUE SERVICE FOR THE AMOUNT OF THE TAX OWED. WHO IS A FOREIGN SELLER? - In general, a foreign person is a non-mident alien individual, foreign corporation, foreign partnership, foreign trust or foreign estate, but not a resident alien individual. EXEMPTION CERTIFICATES: BUYER - The Internal Revenue Service has adopted temporary regulations which provide that a Buyer will not be liable to the Internal Revenue Service for the tax owed if he obtains from the Seller in duplicate a certificate of affdavil under penalties of perjury stating the Seller's United States taxpayer identification number or social security number and that the Seller is not a foreign person, unless the Buyer has knowledge that the affidavit is false. These regulations also provide that the Buyer must retain this affidavit until the end of the fifth taxable year following the taxable year in which the sale takes place end to make the affidavit available to the IRS when requested FOREIGN SELLERS - Foreign Sellers should consult with on attorney familiar with FIRPTA before entering into any negotiations or contras fa the sale of their property. If you act promptly, you may be able to have the IRS: (1) determine your maximum tax liability; (2) reduce the amount which the Buyer must withhold; (3) issue a withholding certificate; (4) make an early refund of the amount withheld; (5) establish that not gain is recognized under pertinent provisions of the Internal Revenue Code. NO WITHHOLDING REQUIRED IF: I . The Buyer is purchasing the property for his use as a residence and the amount paid for the property is $300,000,00 or less. 2. Either Buyer or Seller obtains a "withholding certificate" from the Internal Revenue Service that: (1) the Salter is exempt from paying taxes on the pin; (2) the Seller has agreed with the IRS to pay the tax owed, or (3) the IRS has agreed to reduce the amount of withholding required to the amount stated in the certificate, 3. Gain on the sale is not recognized under certain provisions of the Internal Revenue Code. BUYERS AND SELLERS ARE ADVISED TO SEEK THE ADVICE OF AN ATTORNEY ON THE QUESTION OF WHETHER ANY GAIN IS RECOGNIZED UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND AS TO THE PROCEDURE THAT MUST BE FOLLOWED IF THE BUYER DOES NOT WITHHOLD BASED ON THE FACT THAT NO GAIN IS RECOGNIZED. Neither Century 21 Allston or Century 21 Allstars nor its agents arc qualified to determine the rights and obligations of any particular individual under the Foreign Investment in Real Property Tax Act. If you hove any questions regarding the applications of FIRPTA, your obliptions under the act or whether you are a foreign person as defined in the act. please seek the advice of an attorney Receipt of a copy of this Notice is hereby acknowledged Date: 2/8/2016 City V n Ci a Municipal Corporation I.J. Ks6k. BykAAAWilsomeAshinistrator Jonny Sanchez DtxuSIV Envelope D: SFMWM2-FCW4564-93OF-027616FO12EE 1p E IMPERIAL HWY A-213 S2ANPAFE SPRINGS, CA 90670 OFFICE. (949) 954-6571 FAX:(949)954-6575 ESCROW INC. WWW.PARKFIELDESCROW.COM TO ParkOeld Escrow, lac. Date: February 7- 2016 Escrow No.: 138S2-ME SELLER'S AFFIDAVIT OF NONFOREIGN STATUS 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 inform the transferee that withholding of tax is not required upon the disposition of a U.S. real property interest located at: Property located at: 6036 Stafford Avenue, Huntington Park, CA 90253 by City Verner City, a Municipal Corporation 1 herby certify to the following (if an entity transferor, on behalf of the translator): INDIVIDUAL TRANSFEROR(S): 1. 1 am not a nonresident alien for purposes of U.S intone taxation; 2. My U.S. taxpayer identification number (Social Security number) 3. My home address is: ---------------------------------------------------------------------------------------- CORPORATION, PARTNERSHIP, TRUST OR ESTATE TRANSFEROR(S): I • (name of transferor) is not a foreign corporation, foreign partnership, foreign trust, or foreign estate (as those terms are defined in the Internal Revenue Code and Income Tax Regulations); 2. (name of transferor) U.S employer identification number is —__-- - - - -- -- .—and; 3. 114 CF \ E v Vi C i'1 (name of transferor) office address is t lh G C City Vernon City, a Moaklpal Corporation, (name of transferor) understands that this certification may be disclosed to the Internal Revenue Service by transferee and that any false statements 1 have medc here (or, for entity transferor, contained herein) could be punished by Finn imprisonment, or both Under penalties of perjury I declare that 1 have examined this cenification and to the bat of my knowledge and belief it is true, correct and complete (and, for entity transferor. I further declare that I have authority to sign this document on behalf of City Verean City, a Municipal Corporation (name of transferor) e­AWMtq. 2/8/2016 Q.J. MOW Date. Traiglevii-510siffure Name, Transferor Title, if any NOTICE TO TRANSFEROR AND TRANSFEREE: An affidavit should be signed by each individual or entity transferor to whom or which it applies. Before you sign, any questions rehiring to the regal sufFiciettcy of this form, or to whether it applies to a particular transaction or to the definition of any of the terms used, should be referred to a certified public accountant, attorney, or other professional tax advisor, or to the Internal Revenue Service. DocuSI n Envelope M: 5F8BDA42-PC6g-4564-93OF4V7B46F012EE 12671E IMPERIAL H WY M213 SANTA FE SPRWOS, CA 90670 OFFICE: (949) 954-6571 FAx (949)954.6573 ESCROW INC. WWW.?AltKFIELDESCROW.COM PRIVACY ACT NOTICE Escrow Number. 13852-ME Date: February 2. 2016 Escrow Officer. Morieelo Espinoza Parkneld Escrow, Inc., has prepared this Privacy Act Notice to comply with the Gramm -Leech -Bliley Act, Public Law 1WI02 and to inform you regarding its collection, storage and use of information that you and others give it during the processing of your escrow transaction The information in this Privacy Act Notice applies to Escrow Holder's cturem and former clients. 1. Categories of lotermotioo Escrow Holder Collects. We collect nonpublic personal information about you from the following sources: A. Information from you in letters and other communications as well as in escrow instructions and on foam including Statement of Identity, data collection regarding the financial status of the property or you and on other forms; and B. Information directly from third parties including real estate sales agent brokers, mortgages companies and lenders, title companies, contractors, bookkeeper and accountants, attorneys, contractors, homeowners associations, insurance agents, federal, state or local tax or governmental authorities or from others who may give m information an forms or by other methods including but not limited to, telephone, e-mail, facsimile transmission. 2. Categories of Parties To Wkam Escrow Holder Discloses. We may disclose nonpublic personal information about you to the following types of third parties: A. Financial service providers such as title insurance and underwritten title companies, mongage companies and lender as well as insurance agents and companies associated with your escrow transaction. B. Nonfinancial companies such as homeowner associations, attorneys, bookkeepers, and accountants, federal state or local tax or governmental authorities, real estate sales agents and broken associated with your escrow transaction. C. Service providers including contractors, structural pest control operator others rendering services to you or the real property or business that is the subject of this escrow transaction. We may also disclose nonpublic personal information about you to nonaffiliated third parties as permitted by law. Otherwise, we do not disclose personal or confidential information to anyone outside our company without your consent. We will adhere to the privacy policies and practices as described in this Privacy Act Notice. We restrict access to our personal and escrow role information to those employees who need to know that information to provide products or services to you. We maintain physical, electronic and procedure] safeguards that comply with federal regulations to guard your nonpublic personal information. Your information is stored in a secure place on a secure computer and in physical files. When we replace computers, we erase old disks or reformat them before disposal. When we dispose of old physical paper files, we have it shredded and recycled by a bonded security company You may direct all questions regarding the policies set forth in this Privacy Act Notice to your Escrow Officer. 1 have read and received a copy of this Privacy Act Notice as of the date below. Date: 2/8/2016 Ci�itty, a Municipal Corporation 55. U'W' rAVj w&*Administrator DotaSign Envelope ID: 5FB8DA42-FC6"S844130E-02?B"Rl2EE /( 12631 E AL 1p E SPR SAtrtR FES►RWGs,CA 90670 . CA 90670 OFFICE: (949) 9544571 ESCROW INC. FAx: (949) 9544575 WVMPARKRELMSCROWCOM INSTRUCTIONS FOR NET PROCEEDS Date. February 2 2016 Escrow No.: 13852-ME TO: ParAfleld Escrow, lee - We hereby authorize and direct Parkneld Escrow, lac. to disburse my our net proceeds as follows: (Check the applicable section) 1. ❑ Hold the proceeds check for pick up and all when check is ready at the following number 2 ❑ VWe authorized the proceeds check to be picked up by 3 ❑ VWe instruct that the proceeds check be sent to our agent 4. VW- irotruet ParMleld Escrow, lac. to wire out proceeds to: Bank Name. East West Bank Address 13S N Los Robles Ave. suite 600 ABA N: Account N: Account Name. General Acount 5. ❑ Transfer the net proceeds to the Following escrow: Company Address: Phone Number: Escrow Officer. Escrow Number: 6. [J Split proceeds as follows: (Please indicate names, amounts or percentages) 7 CJ VWe instruct you to mail out proceeds to the following address: City V et�Munietpal Corporation IJ. KSOIa. By. 6*F" Palis�nistrator DoeuSign EnvabpsID: SFOODAt2-F 17EE TA7WLl YlM _ GFORN 2016 Real Estate Withholding Certificate ■ 593-C Part I - 8alkdTrumfemr-- City Vernon City, a Municipal Corporation SSN a tilN � "pow 'sIROP's name (ttontry amrud) - ---- --- Spora WRW% SSN ar r riN (if )a* amend) Box, ro) Address DIVA FEIN CA Corp no. ❑ CA SOS Me no. ills (It you nave a fonipn adtresa, amm instructiarvs.) StallZip Coda 0--shw pwcmtage Nev nuvi CA to X _ Piape ny -NM- M ro aaaN adAsa, pravfds psrpl rxsrrher and eouray) 6036 Stafford Avenue. Hunbn ton Park, CA 90255 e Part 11- Certffkatlona —del. fu8y exerW the aak from rsptltol hW 1. ❑ The p4o b gu/w as tr ulwWroo sm (ar daoeft t wU by h dsadsb est b ar ha0 prircbel weitarra mirir In mmsNrq d banal RWMMCodeMSedbn t2t 2 ❑ Th8I 4- ft tiraprdeadst/adtbyhddsfsesnlearhapYturdNepwlylSMaehaeldarbaY*lars(deods[s)pilapalasYlso v" hm="Of RC Sedon 121 WtWmgsd b tr %"vwanm psbd 3. ❑ The satrlaraI -hwalow vmoo gdnfor CaNximww. bspmpawonIts ukTo&a*raboayoumrdmnipebFanrr50*F FbdEaYk NMI k*CornparondEdmdedGainarias,andhereabwermophoniretit e. ❑ Thmp%wViB *vcxm%koteyorkRck rdj,om„sYdandhedwAwbior"' dtbaopispmpstyht'senieranMebdinmWmortaeb qumW brraewpttm ofgmh brCebnis Naar ba popoew udstiCEadon 1033 S. ❑ The Muds grarw br inrwmgrtisl bwerrat uds VIC Sadon 351 (lams b a aaprratm aoraasd by h e-a6io0 or IC Swim 72t (mtbAm b spstis>fip in sdrgebra psi - w ip YtYtwq IL ❑ The, I fl sbl- s a m{vafon (a►a tlrreed idily oargsy p=) dmaad w ■ mporafst for bderal and Cdbrim imna ba papaw) M ■ eWWMAMWhaystwCdbniSmoasrydSM(505)ahwapsrrar0 O=dbusilewivGareth 7. ❑ The aetmmTardAror Y s Ubrim wl 21 a a paRa 1 quid In da bu m it Cdbrrrs (a m LLC tab derallad w a psersah0 br kWd endCdblritrnmlefarpePwwarrdYrmtB*derrre iMt1CMb - gr 1, brtedadardCsbniinaneeatPaDawl 8.01tsfwlWMu W isaimmem naywidwCaiarimarl alYs a. ❑ 7trsetshadawr'saniwaarcaaarpary.id�iduira0arrrstsomat4�dlts� #gOwordssitrliewnsidssut Part 1E - CertlNptlona flat may partlapy or f ft exempt the sob rma-NhhMdnp: ResEabwr - g PbrarrpEEP1:SrohftdasforsmaarYbvdildd 10.0 7MeardarWdkBaeasiralwrps8rapndsidagsvA*I#w - -@ OfpCSedsrl0:ttt. 11.❑ TlrbaairpsiwasadalrnedttreladeelsgtvANhft asigdtiCSa Mj=. 12 ❑ The lards d h pumV isan irteanrer - arm attic h bveysd wwk w Y re*M b all -m an t- priropml padm of each bimetal pw mt t'apiwdFarm'WU.RasErrsVWId rgbloo mrsSrsAdsoebdgerm4andhp jmsyrckaaatmdmd I d=AWpAery ryt hsevreay m fax hbmutsv ad ti mwpmoa tr rd pod" to rmgamd hbrabl go b �Tvsyor sd Torgartiarabbyas4dOMEMS 1 I`hbnaft Pumded dmw k b to bad d wT koaYdyS sa all amm it -, r ch qs I vd I , p% NelimudTrtm A.J. Wilson Sstmlarigrrrerar3iprasw A.i. mift, Oeb2/8/2016 SpawariWj3p,sSolon 4%W49 OfamC4% Oalt TramMYrvry>• audwW=wbahFWItVwmggm*brmWcr ,rbvAidi9smr4b► EswtasbaysaYirmt"afftsdm"WmwddfddrmdrsybahPat tarRrtadramSt3C,ftvAW rgvd(Y313%(RM3)d1aWs" ptaabmvtemraahaalmritrdigmmmulbnhSdFaacidroam ASItTilwtafrolagTarSlrlarievtt/aalaAaaiardmnciWAmn Meamplvsa Farr SwadFaanaDC byhdfmmdamav, t*vAtddM vA to 3 i" dh W artm psa uim h Ma dysamdor b m hwtasy Mk ttaasadsrYarirMmaara Mriiatagmabm 3 tA%(0333)dharrmrsarms pynarl tfd amvraiadf swirl ftwftd*989am *UMVW yauartacpydyb m Sit Abdr mccM b bb mw kro dyarOdbrin hum Mum1m and mlas mpyteyorram� 7131183 F_ Fann 503-C C3 2015 DocuSign Envelope ID: 5FOBDA42-FC694564-930E-027B46F012EE 2016 California Forms 593-C, 593-E, and Instructions Table of Contents NAfhholding Calculation General brionnabon ........................ . . 2 The We methods used for calculating the withholdrig amount are he Total Form %3-C, Red Estate WAlrhdding Ctific erate 3 Saba Price Method and the Optional Gan on Safe Election Method The Instructions for Form 593-C........... 4 withholding amount is delermirred under the Total Sales Price Me" by Form SM. Red Estate 1wldirg multiplying the selling price 3 It3%(.0333). The wthholding amount is Computdwn of Esirndad Ghain ortoss 6 delarmined under he Optional Gain on Sale Election Method by multiplying he Insbudi" for Form 593E ... 7 How to figure Your Bask...., a astimaled gain by the sdler'sNansferors maximum tax rate. Hoer to Get California Tax information . ... 9 p Withholding Agent Instructions Provide Forms 593, Real Eatele WAhlwtlYg Tax StaksmeM 591C, 593-E, General Information and 593-1, want instructions to each SeltNaskMa as soon as escrow opens, it he A Important Information saloquali for an aromatic exempt the sales pro is Sloo,ggg of km, the Installment Seise - The w ilrhold'ig agent is raWked to repel as an kutetmem tranxfetor is a bank acting as a buslee cite than a Must" of a dead of bust, or the sale f ore lansactgn is sbunurad as an Wtelment safe as evidenced by a prop" is being foreclosed trom). the lam are not mquked. Make certain you use praotssaY note The withhokng agent Is required o wibwold 3 113% (Q333) of he he toted brtn and that the year on the form Is Me year that escrow closed, first insarment payment. Inswd the sesannmslemr to complete and sign ram 593-C and return Buyer i/Transixees are required to withhold on to ptkncpal portion of each it to the REEP by the dose of escrow Inoinpbe or improperly completed forms subsequem i staRTent payment a be sale of California real property is sintctured may oat exempt the selerrtransferor him wahhokIN Form 593C cannot be as an installment sale. For mom gdarmatlon. get Form 593-1. Red Estate Imtasnad Sale Adutawledgerrerq, accepted after the close of escrow. REEP, If. tkrkng the asav w. an kxkwdduat seatttranstanx tramten title In Regletar Domestic Partners (RDP) - For purposes of Cafiam a income has a corporation or partnership and hen ate urportition or partnership transfers ode to refaxtces to a spouse, husband, of wife also refer to a California RDP, unless the buyerhrarnslen e, then there arc two !romans ter wahholdirg purposes. Wwwoe specified When we use the husk ROP they refer o as both a Caklorna registered doneshx'parher and a Calkinis registered domesbe'partnarshgr.' as Accordingly, two separate Farm 593-C should be completed for withholding purposes The Individual must complete one form for he tra eter o ore cotpoatim appfiraW. For roam information an RDPS, get FTO Pub. 737. Tax Information for a corporationorpartnership comp or partner". lete plete the other kxm ter are Registered Patriers, orro (er rra P Purpose M the sayer ores checked any box In Pad M, CeNfintiom Use this booklet or red estate sales or banters dosing in 2016 which it* exempt he sale kin witMgMsrg, he seMaVansfera Withholding is ramµ "when Cakianie red astele is sold of transferred s exempt from withholding, You ors relieved at the real estate mt hoidhg regrwemnte M, based an as the idomabon dw you The amour! wMfhdd from Ye salerhastemor s sere to he Franchise Tax Board (FTO) as requked by California Revenue and Taxation Code Seaian have knowledge or, the selkrffashror unifies an exemption from ally INQ If fib so/erlbaa docked my box in Part Ill. Certifications tat Wlihh iandSng is not required a my of the knowing apply: or kdy oxa mph the sate from wh ithokling, ha aelafraruleta may quality ion a partial of com{leb wthhoklkg examptim Read the specific fine kstrueions to TAe trial ides price is I160,OM or less. The property s bekg foreclosed upon (sod pursuant o a power d U111thhe he amount in wittlnM and adddkx+al any rarequiredto. As w Pawl tll, fine 12 box any, the wialwld'rng agent k maimed o sale under a mortgage a deed of bust, sold pursuant to a decree of foredmure, at by a deed w teu of foracownit chad he box K to transaction is shachmmd as an Instalment sale, as evidenced The translator is a bank acting as a trustee other than a trustee of a deed d by a pmmisac ry note. As to Mls box aNy, itte signature of Me selatttashmr is nut requkad The withholding agent should trust The seMntranslera comfortto an exemption,Sea exemptim on Form 593-C, also ctimpfrile Form 593, Real Estate Witithading Tax Stakernery, Pan II deck 3 and box 8Installment Sale Psymaro. Pad II and Pat Ill. The following are exckded from withholding and complairg this firm: Except as to an aatalirenl sale. M he saetltraebror did to check any box In Part 11 Or Pad Ili, ore withholding uroat 3113% The unwed Stores and any d k agendas a kuhxmenteWrs. (.0333) d the halal sales price, a the optional gain an nab wihfwidinq anwd • A suite, a posnasson d ore lklled Sales, fine Oislict d Columbia, a any d fs kom to 5 of he ceNkii Form 593. If the I" of kansadim Poklical subdivisions Of hslurnentakies.. For more i lomaon about cal estate winhotdkg, get FIB Pub, 1016, Real Este% is an installment sate, Mart you ore required to withhold 3 113 % of he aryl instalment Payment widhoks g Guidelines. Except as to an kstalknnf sae, f ae setlerltramkfa does rat If you am a sekritransferor rehrn the completed Forth 593 and Form 593C by he dose of • Use Form 593C to determine whether you quaky fir a full or partial vr4tw dug eaavr, you are regdned to wthhoid 3 W% (.0333) of he bW sales Pdu. II Me exempm Keep this fin for fie yeas type of transaction is an hstalbnant sale, ON you era required b withhold 3 IA • Use Form 593-E to determine your gain or loss on he Sala and to calculate he % (.0333) of he fast kutaMnait payment oPMW gain it sale witllnddkg amo rit Keep fife form for five years. As the BEEP, You are regAvd b w0wid and co mpiele Form 593 for each C Real Estate Withholding sak(&mmiarahad was wflfteldupm.Give one copy of Form 593to Real estate wdilioldi g'e a prepayment of mooma tax due from ore gain the sakrRansktor. After the dose oldie montri, Me REEP mats one on a sale of Cakbmla real rotasi if the amount wildreld is more than he home copy of air of as Foes 593 mmptded durkg the moth, and any Form tax tiabiAy, we will refund arty avafiahb difference between the amounts when you 5974 and prommory role, to the FIB waft he klat arnowl withheld for all file a tax return aft fe and of he taxable year, transactions that dosed "rig the month. however, the REEF has the option to Although the law requires are Grytltranslante to wiflwid, he dyerfrtnfena can sod in one payment at0 Me related Form 593, and any Form 593-1 and promissory rote. a applicable, lot each escrow. Real Estate Escrow Person (KEEP) to to on w ichokling. A REEP s Regardless of whether you sand one payment for the monk or one paymad a pet m c arty parson kwoled in r3mfrg the red estate transaction anion ifnchrdes arty for each escrow, Form 593, any required Form 5934 and promksay note anti my, escrow comrpan y. a bW company. or ny"person who recaves and ant the waMwMYg payment are due to the FT8 by the 2M day of ha disburses payment or he nab d red pral". mwnh INowkg The month ym dosed escrow. As he REEP meting the wifwaldkg to Me FTB. you mot iwlde your we and blown amber as a contact for tlx mmillmax Do not sand Form 591C to to FTD. The REEP owls it orm torn minhran at No years and must Provide a to he FIB upon request Page 2 Fomn 593-GForm 593-E Booklet 2Ut5 QocuSign Envelope ID: 5FBBOA42•FC69-4564.930E-027B46F012EE 2016 Instructions for Form 593-C Real Estate Withholding Certificate References in inew instructions are to the Internal Revenue Code JRC) as of January 1, 2015 and to Me Cakrania Revenue and Taxation Code (RATC) General Information It the sellernransferor is an Individual, enter Ne social security number (SSN) In general, of taxable years beginrng on or after January 1, 2015 California or individual taxpayer identification number (ITIN) If the selleculransferors are law conform to the tRC as of January 1, 2015. However, there are continuing Wu islered domestic partners (RDPs) and plan to hie a pine return differences between California and federal law. When Catilpmia conforms enter the name and SSN at ITIN for each spouse RDP. Qtherwase, do not to federal tax law changes, we do not always adopt as of the changes made enter information for more than one setlerAransferor Instead, complete a at the federal Well For more information. go to hb.cagav and search separate Form 593-C far each seterrtrarmfaror for conformity Add Banal information can be found in FTP Pub 1001 't you do not have an SSN because you are a nonresident or a resident at en Supplemental Guidelines to Cal.fomia Adjustments, the instructions lot for federal lax purposes, and the Internal Revenue Service (IRS) issued you California Schedule CA (540 or 540NR), and the Business Enbty lax booklets an )TIN, enter the ITIN in the space provided for Its SSN Like -Kind Exchanges -For taxable years beginning on or after January I, An ITIN is a tax processing number issued by the IRS to indroduals who have 2014, California requires taxpayers who exchange property located in a federal lax filing requirement and de not quality for an SSN It is a nkre-dgA Calitorma for ilea -kind property located outside of Califon a, and meel at at number Out always alerts with the narnber 9, the requirements of the IRC Section 1031, to file an annual .nfornabon return If the sellernransfetar is a business, enter the business name in the business with the Franchise Tax Board (FTB). For information, get farm FT8 3840 name field along with the federal employer identification number (FE N), CA California Llke-Kid Exchanges, or go In fib.cegov and research for like Corporation number (CA Corp no) or CA Secretary of State (CA SOS) file kind. number Purpose If the sellerltransferor is a grantor trust, enter the grantor's individual name Use form 593 C, Real Estate Withholding Certificate, to determine whether and SSN For lax purposes, the grantor trust is disregarded for tax purposes you quality for a full or partWl withholding exemption and the ndniduai sellerAransfera must report the safe and claim the Qualifying to an exemption from withhoMng or being withheld upon does w ilttoomg on theirindividual tax return If the bust was a grantorbust Ihal not relieve you of your obligation to file a Caitomia income tax return and pay became irrevocable upon the grantor's death, enter the name of The trust and any tax due on the sale of California real estate the trusts federal employer Identification number (FEIN) Oo not enter the You may be assessed penalties it decedents or trustees nema or SSN, • You do not filea tax retur f the seikerAransferon is a non -grantor tent, enter the nacre o1 the trust • You file your tax return late and the trust's FEIN. Do not enter trustee Information. • The amount d wthhokting does not satisfy your lax liabdq It the sellernranstera is a single member limited lisbility company The seterltansfemr must submit this form before the close of escrow to (SMLLC), enter the name and tax identification number of the single member, prevent withholding on the Transaction After escrow hasclosed, amounts Owr4nhip Percentage withheld may be recovered only by claiming the wimtwlnng as a credit on the Enter your ownership percentage rounded to two decimal places (a g. appropriate year's tax retun 66 67%). If you are on the title for incidental purposes and you have no How to Claim the Withholding financial ownership, enter 0 00 and skip to SeilerNansfew Signature. You wit To claim tin wtiwidng oedd. Japan the sale at transfer as required and enter the not be withheld upon amount from are 5 of ram 593, Real Estate Wxhtoking Tax Statement on you Examples of salleisltansfemrs who are on title for incidental purposes are. Cafornia tax tal ms as real estate end other wNhholdirg train Fomys) 592 8 or Co-sgnes on Will (e q., parents 0agmed to" their chid qualify to 593.11 Yale manual Of filing status has charged aver escrow closed and before the loan). being your California tin return. contact us at s81.792.4900 prig 4 fling your tax return or ihsuuctons on hex to claim your withholding credit Clam you Farnily members on Iite to receive property upon Its owners aeath. withholding aedil on one of the foiowirg. • Form 540, California Resident Income Tax Return Properly Address Enter the address (a parcel number and county) on the CA real property Form 54ONR Long, California Nonresident or Pan -Year Resident Income transferred part If — Certifications That Fully Exempt Taw 54, Form 11 • Caldamw Fiduciary Income Tax Return Withholding ldi n • Form 100, California Corporation Franchise or Income Tax Return Uns 1- Principal Residence • Form 100S, California S Corporation Franchise or Income Tar Return To qualify as your principal residence under IRC Section 121, you (a the • Form 100W. California Camoiaton Franchise or Income Tax Rehm- decedent) generally most have awned and lived in the property as your main Wakes -Edge Fifers honor for at krasl two years during the five-year period ending on the date • Form 109, California Exempt Ofganliaton Business Income Tax Return of sale Military and Foreign Service, get FB pub. 1032. Tax information for Military Personnel, • Form 565, Pannership Return of Income • Farm 568, Limed LWbsty Company Return of Income You can have only one main taro at a lime. If you have two homes and We Specific Instructions in both of them the main home Is ire are you lived I most of the time There are exceptions to the two-year rude t the primary reason you are setting Privets Mall Box (PMB) - Include the PMB in The address field Wri e'PMS' the home is la a change in the place of empoyment, health, or unforeseen first, than the box number Exafnple: I I I Main Street PMB 123 circumstances such as death, divorce or termination o1 registered domestic Foreign Address - Follow the country's practice or entering the city, county, pip, or leas of job, etc For more information about what qualifies province, stale, country, and papal code, as applicable, n the appropriate as Your principal residence or exceptions to the two-year rule, get federal boxes Do not abbreviate the country name Publication 523, Selling Your Hame, To gel federal publications, go to In; gov, Pert I - Sallrrtransfaror of cat 800.829 3676. Enter the name, tax idenb5cation nunber, kind address of the seterrransferor If only a Portion Of the property qualifies as your principal residence, a second If the sellerArarsferar does not provde a lax identification Punter, then Forth Form 593-C will need to be completed to certify an exemption an the portion 593 C is void, aid withholding is required. rot used as a principal residence. Note: If you choose to provide a copy of Form 593c to the buyernransfree, The allocation method should be the same as the seaertlransferor used to delete the satefs or transferors tax identification number on the determine depreciation Page 4 Form 593CtForm 501E Booklel 2015 DocuSign Envelope ID: SF8BDA42-FC69.4564.930E-027B46F012EE Line 2 -Property last used as your principal residence When completing Form 59.W as the single member of a dsregariied LLC, If the property was last used as sellers/transferor's, or decedents write on the botbrm of t16 form that the Womuybn on the form is for the principal residerice within the meaning of IRC Section 121 without regard single member of the LLC, so the Real Eslale Escrow Person (REFP) will to the Iwo -year lime period, no withholdig is required If the last use ul the understand why t is different from Me recorded the holler, property was as a vacation home, second home, of rental, you do not quality _If the single member Is Complata Form 593-C uslnQ for the exemption. You must have lived in the property as ymr main home An tndivWuaf The irnfividual's information If you have two homes and Eve in both of them, the main home is the one you A corporation The cor ik"Iiori s information lived in most of the time A artnernhi The art wish' 's Inlom anion Line 3 -Loss or Zero Gain An LLC i The single membef's information You have a loss or zero gain for Cakloma income tax purposes when to Line 8 - Tatt-Exempt Entity amount realized is less than or equal to your adfustment basis You must Withholding to not required it the sewllerltransfeaw is tax-exempt under complete Form 593-E, Real estate Withholding - Computation of Estimated ether Calilonua or federal law (e g , religious, charitable, educational not Gan or Loss, and have a loss or zero gain on fine 16 to certify that the for profit organizations, etc) it ansactdn is linty exempt form withholding Lim 9- Insurance Company, individual RalMenlenl AceounL DuWW You may not certify that you have a net less or zero gain just because you do Pension or Prof]"horing Plan, or Charitable Ramaladr Trust no receive any proceeds from the sale or because you feel you are setting the Wthholdxfg is not required when the satarltratu feror is an insurance property for less than what it is worth company, individual retirement account., qualified pension or profit-sharing Line 4 - Involuntary Conversion plan, of a charitable remainder Intif The property is being inwlurianly or compusody converted when both of Part III — Certifleations That May Partially or the following apply Fully Exempt the Sate From Withholding • The California real property stransferred because dwas (or thieatered CArrilelePadIonly tyou oft ridmost arryoffheemnplipenPat t. to be) seized, destroyed, or urondeamed within the meaning of IRC Lino 10 - SimuBaneous Exchange Section 1033. f the California real property is pad of a simultaneous lie-lind exchange • The sederAransferor intends to acquire property that is similar or wilhln the meaning of IRC Section 1031, the transfer is exempt from related in service or use order to be eligible for mnrecogn ition of gain withholdng However, t the seterrtransteror receives money or other property for Catifomia income tax purposes. (in addition to property that is a part of the like-und exchange) exceeding Gel federal Publication 54W, Sales and Other Dispositions of Assets, for $1,500 from the sale, the whthh oUN agent rnusl withhold. more information about involuntary converenrs. Line 11- Deferred Exchange Line 5 - Non recognillon Under IRC Section 351 or 121 a to CaYana real property 6 pad of a deterred We Mid exchange within The transfer mail quality for nonrecognition treatment under IRC Section eft firwanirg of IRC Section 1031, the sale 6 exempt tromwiftofdi g a( 351(ransferring to a corporation controlled by tansleror) or IRC Section the Onto of the initial larsler. However, if the selerNansilem receives 121 (Contributing to a partnership in exchange for a partnership nleiestj money or other properly (n addition to property that 6 a pat of tie lot& Line 6 - Corporation Mid errhahge) exceeding 51.500 Yam he satQ to wiagent and wilihatl A corporation has a permanent place of business n his stale when ft The ntafrhedlr a amn arrror andabd wAttaa on all cash odi or cash s organized and existing under the aws of ohs state or t has quailed atuiralert (boat) t d6tlbAs to the selerkasfaor if the amour tvwgh the Secretary of Sidle to trar sad intrastate business. exceeds S 1,500, A corporation not quaffed In transact iNralale bus mess (such as a d the exchange saes not take place of it the axrhange does not quality corporation engaged exclusively in wterstale commerce) will be considered or nonrecognition treatment to iNermadary or aocommodalor mat as having a permatem place of bsiuss in the state only A t maita is wittiotd 3 113%(0333) of the Idiot sales price. an folks in this stale that 6 pamaiendy staffed by its employees after the Line 12 - inela8mnt Selo Sale The withholding agent is required to! sport as sa hs sale d S corporations mast wth hold an nonresident S CDfpOfdtidd Shdrehxnders. die baaacfim (s stlXiaed as an inslaltrhenl sale aas lderer i[ed by a evil Get FTS Pub. 1017. Resident and YtnesiddX Withholding Guideines, b pmmsspry role. The wMhdolding agent is required to withhold! 3113% men intrmatnrL (.0333) of the irst inataknenl payment. Line 7 - Prtnershlp or UmIled Liability Company (LLC) The buyerltrafisfefee 6 required to witttald un the principal portion of each Partnerships art LLCs are required to withhold on norvesident partners and subsequent irstafkmerit payment t the sale is structured as an kutaAmerhl members. For more Information. get FT8 Pub .1017 $ap ntdioltig is not required if the We to tie property transferred is recorded When fie wiihhotitl amount an the first istdtrierit principal payment 6 in me name of a Callomia partnership or i s quafited to do bsiess A sent k he FTB, the FIB must also receive a completed Form 593-I, Real CaNrxnia Estate Wihholdig lstaYment Sale Acknowledgement a completed Form Wilt adding is not required d the me to the propety, transferred is in the 593. Real Estate Whthhodng Tax Stalwwl, and a copy of the pia 45ory rate. (mina of an LLC, and the LLC meets born W the followig SeilerlTransferor Signature • It 6 classified as a padrkxship for federal and California nconie tax You mat sign the, form and retum t to your BEEP by the dose of escrow WNnsns. • It is not a SMLLC Mai is disregarded for lederat and California incorne tax for i W be vaid. Otherwise, the withholding agent mat wiWgid tie purposes. Yd 3 113%(0333) of tie teal sales price or the optioml gain an sale if the LLC meets these cordbons, the LLC mast still withhold an withholdingi amount torn ire 5 of Form 593 that is canned by the selerrtranslerer Patatiy -Any selectilransterror vi fd, for the purpose of avoiding the withholding nonresdent members Gel FTB Pub, 1017 for mite information if the SMLLC is classified as a corporabort for federal and California income gym. Whoa r'* executes a false onnificala is fable for a purposes, then to selkrManslerdr is considered a corporation for a penalty of S 1,000 or 20%of the malired wdtthol6rg amount, whichever 4greater withhafoFg Purposes Rent to Line 6. t the LLC 6 an SMLLC that is daregaded for federal and Cattortxa income tax purposes, their that single mentor is corsxlaed the seleflbanslenr, and We to the property is considered to be in the name of the single member for wAMoWu9 purposes Form 593-C7Form 593,E Booklet 2015 Page 5 RECORDING REQU $%I'FD IW. Parkfteld Escrow, Inc. Order No. O-SA-5048974 Escrow No. 13852-ME Parcel No. 6320-010-272 AND WHEN RECORDED NIAII TO: JONNY SANCHEZ 6036 STAFFORD AVENUE HUNTING"CON PARK, CA 90255 SPACE AnOVI 1 HIS LINF ['Olt RFCORDFR'S tisr GRANT DEED rttE UNDERSIGNED GRANTOR(S) DECLARE(S) THAT DOCUMEN rARY TRANSFER I AX IS $437.80 and CITY S ❑ computed on full value of property conveyed, or ❑ computed on full value less liens or encumbrances remaining at the time of sale. ❑ unincorporated area: JK Huntington Park, and FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, City Vernon City, a Municipal Corporation hereby GRAN t(S) to Jonny Sanchei, n single man the following described real property in the County of Los Angeles, State of C'alil'ornia: See exhibit "A" attached hereto and made part hereof. More commonly known as: 6036 Stafford Avenue, Huntington Park, CA 90255 Date February 9, 2016 City V Ott C!4, ty, a Muniy#fiil Corpor ion fi •rim City, Administrator A notary public or other officer completing this certificate verities only the idcnlity 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 COUNTY OF L-OS^- (C S I S.S. r J On atDI , before rae, �A, A V-%L^ personally r+�% '�' —�_ w-��rojvto me on the basis of satisfactory evidence to be the personH whose named is/me subscribed to the within instrument and acknowledged to me that heisluiAhayaexecuted the same in his/imwAhcir:authorized capacity(+os, and that by hisiiwW"ir signature(A on the instrument the person(s), or the entity upon behalf of which the person(-&) acted, executed the instrument. 1 certify under PENALTY OF PERJURY under the laws of the Statu of California that the Foregoing paragraph is true and COMM. WINE S my hand and official seal. MARIA ELVA A1fALA Signature _ _ , (Seal) CalllalfsaW • 1974631 Nohrp PWft - CaB "Wo () ptt County MW Cnitlnl. Ex s Aar 9, 2018 Mad I'm Statoncnt ro SAMI AS AIJOVIor Addtcu Noted Below ESCROW INC. Date: February 17, 2016 RE: 6036 Stafford Avenue, Huntington Park, CA 90255 12631 E IMPERIAL HWY A-213 SANTA FE SPRINGS, CA 90670 OFFICE: (949) 954-6571 FAX: (949) 954-6575 WW W.PARKFEELDESCROW.COM Escrow No.: 13852-ME Escrow Officer: Maricela Espinoza INSTRUCTIONS TO PAY COMMISSION Upon close of escrow, from funds received and/or held by you on my behalf you are instructed to pay: Century 21 Allstars a licensed real estate broker, the sum of $ 9,950.00 and also pay Century 21 Allstars a licensed real estate broker, the sum of $ 9,950.00 TO COMPLETE A TOTAL COMMISSION IN THE SUM OF $ 19,900.00 The employment of said broker(s) to effect the sale -mortgage -exchange of the property described in said escrow is acknowledged by the undersigned, who agreed to pay said sum to said broker(s) as a commission for services rendered pursuant to said employment. This is an IRREVOCABLE COMMISSION ORDER and cannot be amended or revoked, insofar as it relates to payment of commission, without the prior written consent of broker(s) named herein, who shall be deemed a party to the escrow for the sole and exclusive purpose of receiving said commission. City Vernon City, a Municipal Corporation By: A.J. Wilson, Interim City, Administrator Please mail payment(s) to address(s) below, unless payment is called for on the day the above escrow is closed. Agent: Luther Sanchez Agent: Martin Robles Broker: Century 21 Allstars Broker: Century 21 Allstars By: By: License No: 01280965 License No: 01280965 Address: 9155 Telegraph Raod, 2nd Floor Address: 9155 Telegraph Raod, 2nd Floor Pico Rivera, CA 90660 Pico Rivera, CA 90660 OoeuSign Envelope M C93EOBF4-4F4C-42524092043551640CUSE 12631 E IMPERIAL HWY A-213 Tee�aA �y � Snxrn FE ICE:SpRm94 CA 96571 /�fUL r/ OFFICE: 4949) 954-6371 '��- FAX (949) 954-6575 ESCROW INC. WWW.PAit MLDESCItOW.COM AMENDED ESCROW INSTRUCTIONS Date: February 9.2016 Re: 6036 Stafford Avenue, Huntington Park CA 90255 Escrow No 131152-Nit To: Paddkld Escrovi, Inc. - Moricela Espinoza My previous instructions in the above numbered escrow are hereby modified - supplemented in the following particulars only Borrower's vesting through the above referenced escrow is hereby amended as follows: Joanv Sanchez. a single roan Escrow Holder is authorized and instructed to change any and all documentation as necessary to reflect said vesting change over signatures thereon. ifapplicable. Buyer and Seller agree to indemnify, defend and hold Escrow Holder. its employees and officer of the corporation, real estate agents and/or brokers harmless from any liability or loss in connection with this instruction. All other terms and conditions of this escrow shall retrain the same All parties signing this instruction acknowledge receipt orit copy of same. END OF AMENDMENT SELLER City Vernon City, a Municipal Corporation - By A 1. Wilson, Adm—inistrrt--or-------- —. - BUYER Lonny Sa D9W3A97F8514E4 EXHIBIT B DocuS�nenvelop 111. C93EDBF4-BF4TC-4252.092B-B55164DC885E IT OF NONFOREIGN STATUS • A S S oc I A T I O N ANDIOR CALIFORNIA WITHHOLDING EXEMPTION i' OF K E A L T O K SFOREIGN INVESTMENT IN REAL PROPERTY TAX ACT (FIRPTA) AND CALIFORNIA WITHHOLDING LAW (Use a separate form for each Transferor) (C.A.R. Form AS, Revised 4/12) Internal Revenue Code ('IRC) Section 1445 provides that a transferee Ole U.S. real property interest must withhold lax )f the transferor is a 'foreign person 'California Revenue and Taxation Code Section 18662 provides that a transferee of a California real property Interest must rains d lax unless an exemption applies. I understand that this affidavit may be disclosed to the Internal Revenue Service and to the California Franchise Tax Board by the transferee, and that any false statement I have made herein may result in a fine, imprisonment or both. 0036 Stafford Ave. I. PROPERTY ADDRESS (property being transferred): Huntington Park, CA 90058 ('Property') 2 TRANSFEROR'S INFORMATION: Full Name Vemon City ('Transferor' Telephone Number ) Address (Use HOME address for Individual transferors. Use OFFICE address for an 'Entity' i.e corporations, partnerships, limited liability comparTies, trusts and estates.) SOcJaI Security No., of Federal Employer Identification No. For a Corporation qualified 10 do business in California, CaliforTAa Corporation No. Note: In Order to avoid withholding, INC Section 1445 (b) requires that_ the seller (e) provides this affidavit to the Buyer with the Seller's taxpayer identification number ("TIN"), or (b) provides this affidavit, Including Seflees IN, to a "qualified substitute" who furnishes a statement to the Buyer under penalty of perjury that the qualified subsUtulllk has such affidavit In their possession. A qualified substitute may be (i) an attorney, title company, or escrow company (but not the Sellers agent) responsible for closing the transaction, or III) the Buyer's agent 3, AUTHORITY TO SIGN: It this document is signed On behalf of an Entity Transferor, THE UNDERSIGNED INDIVIDUAL DECLARES THAT HE/SHE HAS AUTHORITY TO SIGN THIS DOCUMENT ON BEHALF OF THE TRANSFEROR 4. FEDERAL LAW: 1, the undersigned, declare under penalty of perjury that, for the reason checked below, if any, I am exempt (or if signed on behalf of an Entity Transferor, the Entity is exempt) from the federal withholding law (FIRPTA): (For Individual Transferors) I am not a nonresident alien for purposes of U.S, income taxation. (For corporation, partnership, limited liability company, bust and estate Transferors) The Transferor Is riot a foreign corporation, foreign partnership, foreign limited liability company, foreign trust or foreign estate, as those Isms are defined in the internal Revenue Code and Income Tax Regulations. 5. CALIFORNIA LAW., 1, the undersigned, declare under penalty of perjury that, for the reason checked below, if any, I am exempt for if signed on behalf of an Entity Translator, the Entity is exempt) from the California withholding law. Certifications which fully exempt the sale from withholding: The total sales price for the Property Is 5100,000 or less. The Property qualifies as my principal residence (or the decedent's, if being sold by the decedent's estate) within the meaning of IRC Section 121 (owned and occupied as such for two of the last five years). The Property was last used as my principal residence (or the decedent's, if being sold by the decedent's estate) within the meaning of IRC Section 121 without regard to the two-year time period. The transaction will result in a toss or zero gain for California income tax purposes. (Complete FTB Form 593-E.) The Property has been compulsorily or involuntarily converted (within the meaning or IRC Section 1033) and Transferor intends to acquire property similar or related in service or use to be eligible for non -recognition of gain for California Income tax purposes under IRC Section 1033. Transferor Is a corporation (or an LLC dassified as a corporation) that Is either qualified through the California Secretary of Slate or has a permanent place of business In California. Translator Is a partnership (w an LLC that Is not a disregarded single member LLC, classified as a partnership) and recorded Use to the Property is in the name of the partnership or LLC. If so, the Partnership or LLC must withhold from nonresident partners or members as required. Transferor is exempt from tax under California or federal law. Transferor Is an insurance company, qualified penslon/profil sharing plan. IRA or charitable remainder Uusl. Certifications which may partially or fully exempt the sale from withholding: The Property Is being, or will be, exchanged for property of like kind within the meaning of IRC Section 1031. Payments for the Property are being made in Installments, the transferor Is a non-resident seller and withholding w91 be applied to each papal payment. As a result of the sale of the Property. Settees tax liability, calculated at the maximum tax rate regardless of Sanders actual rate, will be less than j ,withholding otherwise required. Seiler will be requited In sign a certification, under penalty of perjury. specifying the amount to be 13�4.jhusz be used for sales dosing prior to January 1, 2007) 2/8/2016 yDate(TraT:s�A1)iW&lndicate it you are signing as the grantor of a revocable/grantor trust ) Vernon ify Typed or print yRw by Title (It signed on behalf of Entity Transfemr) Buyer's naatb64illid use or disclosure of Seller's TIN could result in civil Qg47 Mjnal liability. Buyer (Buyer ackn0 W61011iif'a COPY Of this Settees Affidavit) Date Buyer (Buyer acknowledges receipt of a Copy of this Seller's Affidavit) Date Th@CAL FOOOR 9 O ASSOCOT10N OF RE1LT011SO, INCINC.Al R,Wft RN&YOM "�" rap b' T �" w a"Y "'Aa^a ndWry Isr""a' v cn"Oy.",ap y'"y, Cgq+pnl O I8e6J01L. THS FORM HAS SEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALrORse tCAR,r NO REPRESENTATION 5 aNOE AS TO THE LE04 VALIDITY Oa ADEQUACY OF ANY MONSOON iN ANY SPECIFIC TRANSACTION A REAL ESTATE BROKER IS -E PEASON Qu IFIEO TO AMU ON REAL ESTATE tUk'1ACTIONS F YOu DESIRE LEGAL DR TAx AMC CONSULT AN APMORIIATE PROFESSRONAL. E, r- N"NA�TIONAL ASSOCIATION OF RE REAL.fOA Mu 11 N Poi .,N"A.K dOREY Iba A.M A. a AEALtORS REALTORS d a "9 d c L N. mamb"V maM1 I.IIDI WAx Ally IA TORSe,Ms N,OaexN O Nf f.A. of Euw REAL16d ES AT BuSINES111411*d TOY a AL ESTATE 9USerESS SEAVx;Ea. WC ,vnwwr Or x,. c.uavR,. Aaexdrun d REal.rORse w. • 525 Soulh"Awnus. Lw Mgews CAWOnY& W020 Werr cal. AS 4112 (PAGE t OF 2) o.A.A.w. SELLER'S AFFIDAVIT OF NONFOREIGN STATUS ANWOR CALIFORNIA WITHHOLDING EXEMPTION (AS PAGE 1 OF 2) C-7 11 AMNI 11" r.Iq..pE ea raa F10" FIH alms CA aKN P,_ SQ-IE"n Fa. 41A 51.R.ri Ce. 111 Albin Y'Ipa.P+u P cidw_d.M xtpF..,8 by aAtcy. O SO10 Fixs.n 1MB Rand. Flue, µnPgan .M)2S saw apL.g.. _ Oocu, n Envelopa ID: C93EDBF4.BF4C-4252.892B-855164DC885E r -V SI I NUIII W An Affidavit should be signed by each Individual or entity Transferor to whom or to which It applies. Before you sign, any questions relating to the legal sufficiency of this form, or to whether it applies to you or to a particular transaction, or about the definition of any of the terms used, should be referred to an attorney, certified public accountant, or other professional tax advisor, the Internal Revenue Service, or the California Franchise Tax Board. For further information on federal guidelines, see C.A.R. Legal 0 6 A 'Federal Withholding: The Foreign Investment in Real Property Tax Act,' and/or IRS Publication 515 or 519. For further information on state guidelines, see C.A.R. Legal O & A 'California Nonresident Withholding,' and/or California FTB Pub. 1016. FEDERAL GUIDELINES FOREIGN PERSONS DEFINED. The following general Information is provided to assist sellers in determining whether they are 'foreign persons' for purposes of the Foreign Investment in Real Property fax Act (FIRPTA), IRC §1445. FIRPTA requires a buyer to withhold and send to the Internal Revenue Service 10% of the gross sales price of a United States (U.S.) real property interest if the seller Is a foreign person. No withholding is required for a seller who is a U.S. person (that Is, not a foreign person). In order for an individual lD be a U.S. person, he/she must be either a U.S. citizen or a U.S. resident alien. The test must be applied separately to each seller in transactions involving more than one seller. Even if the seller is a foreign person, withholding will not be required in every circumstance. NONRESIDENT ALIEN INDIVIDUAL An individual whose residence is not within the U.S. and who is not a U.S. citizen is a nonresident alien. The tens includes a nonresident alien fiduciary. An alien actually present in the U.S. who is not just staying temporarily (i.e., not a mere transient or sojourner), is a U.S. resident for income lax purposes. An alien is considered a U.S. resident and not subject to withholding under FIRPTA if the alien meets either thegreen card test or the substantial presence test for the calendar year. GREEN CARD TEST. An alien is a U.S. resident if the Individual was a lawful permanent resident of the U.S. at any time during the calendar year. This is known as the *green card test.' SUBSTANTIAL PRESENCE TEST. An alien Is considered a U.S. resident If the individual meets the substantial presence test for the calendar year. Under this test, the individual must be physically present in the U.S. on at least: (1) 31 days during the current calendar year, and (2) 183 days during the current year and the two preceding years, counting all the days of physical presence in the current year but only 1/3 the number of days present in the first preceding year, and 1/6 the number of days present in the second preceding year. DAYS OF PRESENCE IN THE U.S. TEST. Generally, a person Is treated as physically present in the country at any lima during the day. However, if a person regularly commutes to work in the U.S. from a residence in Canada or Mexico, or is in transit between two points outside the U.S. and is physically present In the country for less than 24 hours, he/she is not treated as present in the U.S. on any day during the transit or commule. In addition, the individual is not treated as present In the U.S. on any day during which he/she is unable to leave the U.S. because of a medical condition which arose while in the U.S. EXEMPT INDIVIDUAL. For the substantial presence test, do not taunt days for which a person is an exempt individual. An exempt individual Is anyone In the following categories: (1) An Individual temporarily present In the U.S, because of (a) full-time diplomatic or consular status, (b) full-time employment with an international organization or (c) an immediate family member of a person described in (a) or (b). (2) A teacher or trainee temporarily present In the U.S. under a "J' visa (other than as a student) who substantially complies with the requirements of the visa. An Individual will not be exempt under this category for a calendar year If he/she was exempt as a teacher or trainee or as a student for any two calendar years during the preceding six calendar years. (3) A student temporarily present in the U.S. under an 'F' or 'J' visa who substantially complies with the requirements of the visa. Generally, a person will not be exempt as a student for any calendar year after the fifth calendar year for which he/she was exempt as a student, teacher or trainee. However, the individual may continue to be exempt as a student beyond the fifth year if he/she is in compliance with the tars of the student visa and does not intend to permanently reside In the U.S. CLOSER CONNECTION TO A FOREIGN COUNTRY. Even if an individual would otherwise meet the substantial presence lest, that person is not treated as meeting the lost for the current calendar year if he/she: (1) Is present in the U.S. on fewer than 183 days during the current year, and (2) Has a tax home in a foreign country and has a closer connection to that country than to the U.S. SPECIAL RULES. It is possible to be both a nonresident alien and a resident alien during the same tax year. Usually this occurs for the year a person arrives in or departs from the U.S. Other special provisions apply to individuals who were U.S. residents for at least three years, cease to be U.S. residents, and then become U.S. residents again. NONRESIDENT ALIEN INDIVIDUALS MARRIED TO U.S. CITIZENS OR RESIDENT ALIENS may choose to be treated as resident aliens for most income tax purposes. However, these individuals are conslderednonresidents for purposes of withholding taxes. A FOREIGN PERSON OR PARTNERSHIP is one that does not fit the definition of a domestic corporation or partnership. A domestic corporation or partnership is one that was created or organized In the U.S., or under the laws of the U.S., or of any U.S. state or territory. GUAM AND U.S. VIRGIN ISLANDS CORPORATIONS. A corporation created or organized in or under the laws DI Guam or the LIZ, Virgin Islands Is not considered a foreign corporation for the purpose of withholding lax for the tax year if: (1) at all times during the tax year, less than 25% in value of the corporation's stock Is owned, directly or Indirectly, by foreign persons, and (2) at least 20% of the corporation's gross Income is derived from sources within Guam or at least 65% of the corporation's income is effectively connected with the conduct of a trade or business in the U.S. Virgin Islands or the U.S. for the 3-year period ending with the close of the preceding tax year of the corporation, or the period the corporation has been in existence if less. A NONRES TRUSTEE, ADMINISTRATOR OR EXECUTOR of a trust or an estate is raw as a nonresident alien, even though I1.1116�aries of the trust or estate are citizens or residents of the U.S. 8uy.rs rruala C._ saws Ir00a131 u W 11 1 Copyhpht O 1988-2012, CALIFORNIA ASSOCIATION OF REALTOR". INC. � AS REVISED 4112 (PAGE 2 OF 2) Reviewed by Dal _ SELLER'S AFFIDAVIT OF NONFOREIGN STATUS AND/OR CALIFORNIA WITHHOLDING EXEMPTION (AS PAGE 2 OF 2) P,udviced �rwpFwne •v cpLAq IIIOM FAI a Mk Neal. F,.ter. a gm,teo2e +rwr 01.09 can run f,.nard DocuSigWEnvelope 10: C93EOBF4-BF4CA252-892B-855164DC885E AGENT VISUAL INSPECTION DISCLOSURE CALI F O R N [A (CALIFORNIA CIVIL CODE § 2079 ET SEQ.) ASSOCIATION For use by an agent when a transfer disclosure statement is I,r OF R E A L T O IL S r required or when a seller Is exempt from completing a TDS (C.A.R. Form AVID, Revised 11113) This inspection disclosure concerns the residential property situated In the City of Los Angeles Slate of California, described as Huntington Park County of Huntington Park CA 90255 6036 Stallard Ave. This Property is a duplex, triplex, or fourplex This AVID form Is for unit p ('Property'). units. . Additional AVID forms required for other Inspection Performed By (Real Estate Broker Firm Name) Centuruy 21 Al/stars California law requires, with limited exceptions, that a real estate broker or salesperson (collectively, *Agent*) conduct a reasonably competent and diligent visual Inspection of reasonably and normally accessible areas of certain properties offered for sale and then disclose to the prospective purchaser material fads affecting the value or desirability of that property that the Inspection reveals. The duty applies regardless of whom that Agent represents. The duty applies to residential real properties con the taing action one -to -four reveals. The ling units, and manufactured homes (mobilehomes). The duty applies to a stand-alone detached dwelling (whether or not located in a subdivision or a planned development) or to an attached dwelling such as a condominium. The duty also applies to a lease with an option to purchase, a ground lease or a real property sales contract of one of those properties. California law does not require the Agent to inspect the following: • Areas that are not reasonably and normally accessible • Areas off site of the property • Public records or permits • Common areas of planned developments, condominiums, stock cooperatives and the like, Agent Inspection Limitations: Because the Agent's duty is Ornited to conducting a reasonably competent and diligent visual inspection of reasonably and normally accessible areas of only the Property being offered for sale, there are several things that the Agent will not do. What follows is a non-sxdusive list of examples of limitations on the scope of the Agent's duty. Roof and Attie• Agent will not climb onto a roof or into an attic. Interior Agent wdl not move or tank under or behind furniture, pictures, wall hangings or floor coverings. Agent will not look up chimneys or Into cabinets, or open locked doors. IMu14r Agent will not Inspect beneath a house Or other structure on the Property, Climb up or down a hillside, move or look behind plants, bushes, shrubbery and other vegetation or fences, walls or other barriers. Aoallan011 and c Isms Agent wie not operate appiiances or systems (such as, but not limited 10, electrical, plumbing, pool or spa, heating, cooling, septic, sprinkler, communication, entertainment, well or water) to determine their functionality. Size of Proaerty a Imarayemen .• Agent will not measure square footage of lot or Improvements, or Identify or locate boundary lines, easements or encroachments. Agent will not determine if the Property has mold, asbestos, lead or lead -based pant, radon, fornaldehyda or any other hazardous substance or analyze soil or geologic condition. By statute. Agent Is not obifgated to fuel permits or Inspect public records. Agent wig not guarantee dews or zoning, identify proposed construction or development or changes Or proximity to transportation, schools, or law enforcement. Analysis of Anent Dlacloa re For any items disclosed as a result of Agent's visual Inspection, or by Others, Agent will not provide an analysis of or determine the cause or source of the disclosed matter, nor determine the cost of any possible repair. What this means to you: An Agent's inspection Is not Intended to lake the place Of any other type of inspection, nor is it a substitute for a full and complete disclosure by a seller. Regardless of what the Agent's Inspection reveals, or what disclosures are made b sellers, California Law specifies that a buyer has a duly to exercise reasonable care to protect hirnseif or herself. This y ses facts which are known to or within the diligent attention and observation of the buyer. Therefore. In order to determine for themselves whether or not the Properly meets their needs and Intended uses, as well as the cost to remedy any disclosed or discovered defect, BUYER SHOULD: (1) REVIEW ANY DISCLOSURES OBTAINED FROM SELLER; (2) OBTAIN ADVICE ABOUT, AND INSPECTIONS OF, THE PROPERTY FROM OTHER APPROPRIATE PROFESSIONALS; AND (3) REVIEW ANY FINDINGS OF THOSE PROFESSIONALS WITH THE PERSONS WHO PREPARED TH ADVICE OF EM. IF BUYER FAILS TO DO SO, BUYER IS ACTING AGAINST THE BjiOf�R —�\ I1, Buyer's Initial Sellerslnitial ( )( ) The copy,lehl laws of the lJnAad ltaW (Title 17 V.S. Cad•) brbkl the unaWiatzad t•aradmil"n or rids ram. ar any portion Barad, by ohatocapy machine a any otMr means, Inck4W lacsimde or comptAat:nd bmwts. CopyrlgN O 2007-2013, CALIFORNIA ASSOCIATION OF REALTOR50, INC. ALL RIGHTS RESERVED. Rwlewed by Date AVIO REVISED 1 U13 (PAGE 1 OF 3) .� AGENT VISUAL INSPECTION DISCLOSURE AVID PAGE 1 OF 3 Cmr%q II Aapn II N TWanM aa. Ind r1Nr ra alnn, CA Nile Csn,y It Adieu, YIss— pIXI—d Nat dpFome aol Ifim•; 1ff YYn 11 Fay NK SYarA W ogu t a0T0 F,Ilrn ilia AwA. Fratr, stlrNpan Aad2a yoty,�ae OocuSign Envelope ID:C93EDBF4-8F4C-4252-892B-855164OC885E 6030 Staltbrd Ave. Properly Address: Huntington park, CA 110050 Dale. SaptamNer 12015 If this Property is a duplex, triplex, Of fourplex, this AVID Is for unit # Inspection Performed By (Real Estate Broker Firm Name) Cenfuruy 21 Allsfers InspectionDate/Tilme: 9/1/201S Weathercondi0ons: sunny Other persons present: N/A THE UNDERSIGNED, BASED ON A REASONABLY COMPETENT AND DILIGENT VISUAL INSPECTION OF THE REASONABLY AND NORMALLY ACCESSIBLE AREAS OF THE PROPERTY, STATES THE FOLLOWING: Entry (excluding common areas): N/A Living Room: Stains noted on carpet. Dining Room: No items noted Kitchen: No items noted Other Room: Stains noted on carpet in Family Room. HalUStalre (excluding common areas): No i tems noted Bedroom N No items noted Bedroom # : No items noted Bedroom # Bath# No items noted Bath# : No items noted Bath# Other Room: N/A N/A OS' OS Buyer's Initial (� _ ) Seller's Initials ) ( ) r'0m'�NI��17• IATIONOFREALTORS�a.INC AVID REVISED 11113 (PAGE 2 OF 3) Revkwea W Data � AGENT VISUAL INSPECTION DISCLOSURE (AVID PAGE 2 OF 3) Ro ---dpF-4t'y aAW- Ia07a RahnM4 RoM F— 4.j%q.40:t Am+-rMIL20ILram wF DocuSign Envelope ID: C93EOBF4-BF4C-4252-892B-855164DC885e 6036 Starrerd Ave. Property Address Huntington Park, CA g0056 Date. September 1 2015 If this Property Is a duplex, triplex, or fourplex, this AVID Is for unit N Other Room: Other: Other: Other: N/A N/A Garage/Parking (excluding common areas): No items noted Exterior Building and Yard •FronUSldes/Back NO items noted Other Observed or Known Conditions Not Specified Above: No items noted This disclosure Is based on a reasonably competent and diligent visual Inspection of reasonably and normally accessible areas of the Property on the date specified above. Bez� M,"LiFiros Who performed the Inspection) Century 2f Misters 1/27/2016 Date natcsssarAAar (Signature of Associate Licensee or Broker) Luther Sanchez Reminder: Not all defects are observable by a real estate licensee conducting an Inspection. The Inspection does not Include testing of any system or component. Real Estate Licensees are not home Inspectors or contractors. BUYER SHOULD OBTAIN ADVICE ABOUT AND INSPECTIONS OF THE PROPERTY FROM OTHER APPROPRIATE PROFESSIONALS. IF BUYER FAILS TO DO SO, BUYER IS ACTING AGAINST THE ADVICE OF BROKER. IfW ackn Aitt"AMNMitWe have read, understand and received a copy of this disclosure. SELLER 9j. 1ALS6o. SELLER �14t* Vernon C4 Date 2/8/2016 BUYER Date 2/9/2016 BUYER Date Date Real sia'rat qi�' 7(iIrm Representing Seller) Century 21 Allstars BY L Y%�.. G �1/27/2016 tj Oale >;lR .s/ (Assodats Lkenaee or erakar Signature) t>auslso.a ny. Century 21 Allstars By III Broker (Firm Representing Buyer) By 2/9/2016 EOFvrolaac>•+rE Date (Associan licensee or Broiler Sgrutu.) The cOPyhgM hors Of dM LWled States (hie 11 US. Code) hrbld tee unautear¢ed nproductlon of this toms. a any pinion ftmd, by oxxocopy machne a any When means ncludby hcanye or cornpufatted Itinnats. Copyright wo6r, CALiFORNIA ASSOCIATION OF REALTORSA, INC. ALL RIGHTS RESERVED, THIS FORM HAS BEEN APPROVED 9Y THE SPECIFIC T ASSOCIATION OF REALTORSO (CAR.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY Oft ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL al TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. TNs krrn h avande Nr use M ule cope ray esh4 kldlrsbV. If Is nol Intended to Identify die user a a REALTOR0, REALTORG is a reastned collective membership mark w bkh may be used Oft by members of the NATIONAL ASSOCIATION OF REALTORSe Who subsWbe to ds Code or Etrecs. UPubllslr 1 and Widbuled byREAL ESTATE BUSINESS SERVICES, INC. etubskthrydtM CAL1FORNIA ASSOCIA170N OF REALrORSe . 525 South Vbg1 Avenue. Los Angelaa, Callonya wo16 Reviewed by Date er AVID REVISED 11/13 (PAGE 3 OF ]) axw wous+e AGENT VISUAL INSPECTION DISCLOSURE (AVID PAGE 3 OF 3)' PmA,csd wen dpFerme ey doUw Iso id FA— site Road. Fran M N W 4MM yypa,sldAML pm Nu 5,.11 re DocuSign Envelope ID:C93EDBF4-BF4C-4252-B92B-B55164DC885E 4 n L I r v 1-" I A WATER HEATER AND SMOKE DETECTOR Alk ASSOCIATION I%I OF n E A L T O R S STATEMENT OF COMPLIANCE car (C.A.R. Form WHSD, Revised 11110) Property Address. W36 Stafford Ave, , Huntington Park, CA W058 NOTE: A seller who is not required to provide one of the following statements of compliance is not necessarily exempt from the obligation to provide the other statement of compliance WATER HEATER STATEMENT OF COMPLIANCE 1. STATE LAW: California Law requires that all new and replacement water heaters and existing residential water heaters be braced, anchored or strapped to resist falling or horizontal displacement due to earthquake motion. 'Water heater' means any standard water healer with a rapacity of no more than 120 gallons for which a pre-engineered strapping kit is readily available (Health and Safety Code 51921Id). Although not specifically stated, the statute requiring a statement of compliance does not appear to apply to a property Installed and bolted lankdess water healer for the following reasons: There is no tank that can overturn, Pre-engineered strapping kits for such devices are not readily available: and Boiling already exists that would help avoid displacement or breakage in the event of an earthquake 2. LOCAL REQUIREMENTS: Some local ordinances impose more stringent water healer bracing, anchoring or strapping requirements than does California Law. Therefore, it Is important to check with local city or county building and safety departments regarding the applicable water heater bracing, anchoring or strapping requirements for your property 3. TRANSFEROR'S WRITTEN STATEMENT: California Health and Safety Code §19211 requires the seller of any real property containing a water heater to certify, In writing, that the seller Is in compliance with California State Law. If the Property is a manufactured or mobile tome. Seller shall also file a required Statement with the Department of Housing and Community Development. 4. CERTIFICATION: Seller represents that the Property, as of the Close Of Escrow, will be In compliance with Health and Safety Code §19211 by having the 19f'6cad, anchored or strapped in place, in accordance with those requirements. Seller/Landlord Q 8 2 Vernon City Date 2 / / 015 S4UtbacuE Saller1Landlord (Print Name) 91 natun Data ( g I (Print llama) dmusgnN W The undersigned er/epy BCknpwlOdges receipt of a copy of this document. BuyerRenant r �' 2/9/2016 (9�Aa'FaShdf+ (Print Name) Date BuyerRmant (signature) Date (Print llama) SMOKE DETECTOR STATEMENT OF COMPLIANCE 1. STATE LAW: California Law requires that (1) every sifgle-family dwelling and factory built housing unit sold an Or after January 1. 1988, must have an operable smoke detector, approved and listed by the Stale Fire Marshal, installed in accordance with the Stale Fire Marshal's regulations (Health and Safety Coda §13113.8) and (II) all used manufactured of modiahomes have an operable smoke detector in each sleeping room. 2. LOCAL REQUIREMENTS: Some local ordinances impose more stringent smoke detector requirements than does California Law. Therefore, It Is Important to check with local city or county building and safety departments regarding the applicable smoke detector requirements for your property 3. TRANSFEROR'S WRITTEN STATEMENT: California Health and Safety Code §13113 Bib) requires every Iransferor of any real property containing a single-family dweffng, whether the transfer is made by sate, exchange, or real property sates contract (Installment sates contract), to deliver to the transferee a written statement Indicating that the translator is In compliance With California State Law concerning smoke detectors. if the Property is a manufactured or mobile tome, Seller shall also file a required Statement with the Department of Housing and Community Development (HCD). 4. EXCEPTIONS: Generally, a written statement of smoke detector compliance is not required for transactions for which the Senor Is exempt from providing a transfer disclosure statement S CERTIFICATION: Seger represents that the Property, as of the Close Of Escrow, will be in compliance with the law by having operable smoke detector(s) (1) approved and fisted by the State Fire Marshal installed In accordance with the State Fire Marshal's regulations Health and Safety Cade 513113.8 or (ill) in compliance with Manufactured Housing Construction and Safety Act (Health and Safety Code §18029.6) located In each sleeping room 1 dg,;k�A(�ctured or mobaehomes as required by HCO and fill) in accordance with applicable local ordinance(s). SaltedLandlmd 9 j, INI� &L Vernon City Dal*2/8/2016 Seller/Landlord SI RAlltifJ43F.acsE (Print Name) (Signature) Dale �v�,i� yr; (Print llama) The undersign d heFeby aCfing4Wlec�ge(s) receipt of a copy of this Water Heater and Smoke Detector Statement of Compliance. BuyarrTanant " 2/9/2016 esuE+ (Print llama) Data Buyar/Tenant (Signature) Data (Print Name) The capyright Is" of be U mted States IT& 17 U.S Code) forbid the unauthortred r■proikerim of Ws form, or any portion thered, by pholmopy machine or any idler means Wuluding facsimile or corripuienzod formals. Capyrghi O 1991.2010 CALIFORNIA ASSOCIATION OF REALTORSO, INC. ALL RIGHTS RESERVED. OR ADEOUAS FORM CYSBEEN APPROVED ByOF ANY PROVISION ANY CSPECCIIFCl TRANSACTION. A REALASSOCIATION OF LESTA EIC A R.), NO REPRESENTATION IS BROKER S THE PERSON OUALIF DDTO ADVISAS TO E VALIDITY TRANSACTIONS IF YOU DESIRE LEGAL OR TAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL. rhis form Is available nor me by Ale entire neat mule industry It Is rot Intended to Wendy the user as a REAL TOR®. REALTORO is a registered collective memberstroux which may be used orrl' by members of the NATIONAL ASSOCIATION OF REALTORSA who subscribe to Its Code of Ethicsyl . REAL ES and Di BUSINEtedSS by: REAL ESTATE BUSINESS SERVICES, INC a subaiccyary of the CALIFORNIA ASSOCIA noN OF REAL TORSO 525 South WO Avenue, Los Angeles, California 90020 i WHSD REVISED 11110 (PAGE / OF 1) Reviewed by Date WATER HEATER AND SMOKE DETECTOR STATEMENT OF COMPLIANCE (WHSD PAGE 1 OF 1) Cnnry 11 Alyon PISS TrYenak RA W nor Pin Rhea, CA feaas R,�e: 55S Nilltl Fu Cnlar511 AWun VWnr„n P"""y'ah 6P1Ayay4ipWgir 18070 Fxleei We Rey Ffase, Mkhgwi 460M NSL SbmaN DocuSign Envelope ID: C93EDBF4-8F4C-4252-B92B-055164DC885E C A L I F O R N I A t ASSOC I A 'r I O N CARBON MONOXIDE DETECTOR NOTICE •'� Or 0. E A L T O R S (C.A.R. Form CMD, 4/12) Property Address: 6036 Stafford Ave. Huntington Park, CA 90058 1. INSTALLATION OF CARBON MONOXIDE DETECTORS: A. Requirements: California law (Health and Safety Code sections 13260 to 13263 and 17296 to 17296,2) requires that as of July i, 2011. all existing single-family dwellings have carbon monoxide detectors installed and that all other types of dwelling units intended for human occupancy have carbon monoxide detectors installed on or before January 1, 2011 The January 1, 2013 requirement applies to a duplex, lodging house, dormitory, hotel, condominium, time-share and apartment, among others. B. Exceptions: The law does not apply to a dwelling unit which does not have any of the following: a fossil fuel burning heater or appliance, a fireplace, or an attached garage. The law does not apply to dwelling units owned or leased by the State of California, the Regents of the University of California or local government agencies. Aside from these three owner types, there are no other owner exemptions from the installation requirement; it applies to all owners of dwellings, be they individual banks, corporations, or other entities. There is no exemption for REO properties. 2. DISCLOSURE OF CARBON MONOXIDE DETECTORS: The Health and Safety Code does not require a disclosure regarding the existence of carbon monoxide detectors in a dwelling. However, a seller of residential 1-4 property who is required to complete a Real Estate Transfer Disclosure Statement, (C.A.R. Form TDS) or a Manufactured Home and Mobile home Transfer Disclosure Statement (C.A.R. Form MHTDS) must use section It A of that form to disclose whether or not the dwelling unit has a carbon monoxide detector. 3. COMPLIANCE WITH INSTALLATION REQUIREMENT: Stale building code requires at a minimum, placement of carbon monoxide detectors in applicable properties outside of each sleeping area, and on each floor in a multi -level dwelling but additional Dr L"1 a nt leQuilrements may apply depending on local building standards and manufacturer instructions. An owner who falls to install a carbon monoxide detector when required by law and continues to fail to install the detector after being given notica by a governmental agency could be liable for a fine of up to $200 for each violation. A transfer of a property where a seller, as an owner, has not installed carbon monoxide detectors, when required to do so by law, will not be invalidated, but the seller/owner could be subject to damages of up to $t00, plus court costs and attorney fees. Buyer and Seller are each advised to consult with their own home inspector, contractor or building department to determine the exact location for installation of carbon monoxide detectors. Buyer is advised to consult with a professional of Buyers choosing to determine whether the property has carton monoxide detector(s) Installed as required by law, and if not to discuss with their counsel the potential consequences. 4. LOCAL REQUIREMENTS: Some localities maintain their own retrofit or point of sale requirements which may include the requirement that a carton monoxide detector be Installed prior to a transfer of property. Therefore, it is important to check the local city or county building and safety departments regarding point of sale or retrofit requirements when transferring property. The undersigned hereby acknowledga(s) receipt of a copy of this Carton Monoxide Detector Notice. Seller/Landlord E ,J. W)Lbvl Vernon City Data 2/8/2016 §"itJF0eU5E (Prim Name) Seller/Landlord 0-1119neel by / Date �.< ..� (PrIM Name) Buyer/Tenant ��� 2/9/2016 p's14E+ Date (Print Name) Buyer/Tenant Date (Sgrlalure) (Pnnt Hamel The —"VN laws d lore -W Sure$ Mile 17 U S Code) fabd eu unwbw a*d Mpodta:mn d tM forth, or any portion thered. by phOt py Meal, a o, any When means. IWA,dtng tac—is w computiMbW tam t3 Copyr4N O 2012 CALIFORNIA ASSOCIATION OF REALTORSA. INC. ALL RIGHTS RESERVED "HIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIAnON OF REALTMIA (C A R.) NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL. This roan Is &'&Nadi for use by the enbre real estate x"b" 11" rot -tended M idemily the user as a REALTORS, REALTORS is a registered wxecbve MembgMNp mark wfrch MAY be used omy by Member of Ire NATIONAL ASSOCIATION OF REALTORSA wh. subscribe to Its Code d Eak-s ®, REAL ed and t BUSINEStbutedS by REAL ESTATE BUSINESS SERVICES, WC a subsidiaryof,Ae CaMema Asaaclara aREALFORSA 525 South VMgg Avenue. Los Angeles CaldoMi, 90020 CMD 4112 (PAGE 1 OF 1) Reviewed by Date CARBON MONOXIDE DETECTOR NOTICE (CMD PAGE 1 OF 1) �^�• C­" 1I Axon eels r hS,.,k el 1a$ Heer yke al. m, CA tKf1 ?none: 41-141i1l1 F,a rnnry l l Aee,rr vW,e7.eu Predated rnF F y upl�u MM suQera ap wrAb te070 FAaan We Road Frazer MKtug,n Ae02e eges,rpygp,e,MM DocuSign Envelope 10: C93EDSF4-8F4C4252-Bg2B-B55164DC885E CA L I F CIR .v 1 A LEAD -BASED PAINT AND LEAD -BASED PAINT HAZARDS A 4 SI T 10 N o F 1t E A L T s DISCLOSURE, ACKNOWLEDGMENT AND ADDENDUMW� For Pre-1978 Housing Safes, Leases, or Rentals (C.A. R. Form FLO, Revised 1ill 0) The following terms and conditions are hereby incorporated In and made a part of the: X California Residential Purchase Agreement, Residential Lease or Month -to -Month Rental Agreement, or Other: , dated January 20, 2016 on property known as: 6036 Stafford Ave,, Huntington Park, CA 90058 ("Property") in which is referred to as Buyer or Tenant and Vernon City is referred to as Seller or Landlord. LEAD WARNING STATEMENT (SALE OR PURCHASE) Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is noted that such property may present exposure to lead from lead -based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligent quotient, behavioral problems and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any Interest in residential real property is required to provide the buyer with any information on lead -based paint hazards from risk assessments or Inspections in the seller's possession and notify the buyer of any known lead -based paint hazards. A risk assessment or inspection for possible lead -based paint hazards is recommended prior to purchase. LEAD WARNING STATEMENT (LEASE OR RENTAL) Housing built before 1978 may contain lead -based paint. Lead from paint, paint chips and dust can pose health hazards if not managed properly. Lead exposure is especially harmful to young children and pregnant women. Before renting pre-1978 housing, lessors must disclose the presence of lead -based paint and/or lead -based paint hazards in the dwelling. Lessees must also receive federally approved pamphlet on lead poisoning prevention. EPA'S LEAD -BASED PAINT RENOVATION, REPAIR AND PAINTING RULE: The new rule requires that contractors and maintenance professionals working in pre-1978 housing, child care facilities, and schools with lead -based paint be certified; that their employees be trained; and that they follow protective work practice standards. The rule applies to renovation, repair, or painting activities affecting more than six square feet of lead -based paint in a room or more than 20 square feel of lead -based paint on the exterior. Enforcement of the rule begins October 1, 2010. See the EPA website at www.epa.gov/lead for more information. 1. SELLER'S OR LANDLORD'S DISCLOSURE I (we) have no knowledge of lead -based paint and/or lead -based paint hazards in the housing other than the following, I (we) have no reports or records pertaining to lead -based paint and/or lead -based paint hazards in the housing other than the following, which, previously or as an attachment to this addendum, have been provided to Buyer or Tenant I (we), previously or as an attachment to this addendum, have provided Buyer or Tenant with the pamphlet "Protect Your Family From Lead In Your Home" or an equivalent pamphlet approved for use in the State such as "The Homeowner's Guide to Environmental Hazards and Earthquake Safety.' FQL Sales Transactions Qg(y: Buyer has 10 days, unless otherwise agreed in the real estate purchase contract, to conduct a risk assessment or inspection for the presence of lead -based paint and/or lead -based paint hazards I (we) have reviewed the information above and certify, to the best of my (our) knowledge, that the Information provid:rn;09A correct. 2/8/2016 Seller).9ge A[pon City Date Seller or Landlord Date The copyr,ptl Inv- of It. Untied Slat" fnft 17 U S. Cods) forbid os UW utiaU toed rel)md"Ll of thm (orT, or my portim #%Neof. by pMtocopy machm n any osw rroans KXK40V facsirn k a - compulenzeo fomvts. Copynynl O 1996-2010, CALIFORNA auyees7renanYS Whah ( f )) 1 ASSOCIATION OF REALTORS8 INC ALL RIGHTS RESERVED rr. FLO REVISED 11110 (PAGE 1 OF 21 Renewed by Date LEAD-8ASED PAINT AND LEAD -BASED PAINT HAZARDS DISCLOSURE FLO PAGE 1 OF 2) ra,ery 11 AM— 9155 Tdn pb ILL 1W R— ri. ohm, cA 5%" Phe,r: $624 2121 Fu; MX SbRxJ rnrxy 11 Aeox. V111— Prol„ew,de, dpPa *by.ipLoyi. 490101`41w MiM flail. 1n Mihig. 40026 WMAfeLask ob DocuSign Envelope ID:C93EDBF4-8F4CA252-B92B-B55164DC885E Property Address: 6030 Stafford Ave., Huntington Park, CA W058 Date September 1, 2015 2. LISTING AGENTS ACKNOWLEDGMENT Agent has informed Seiler or Landlord of Seller's or Landlord's obligations under §42 U.S.C. 4852d and is aware of Agent's responsibility to ensure compliance. I have reviewed the information above and certify, to the best of my knowledge, that the Information provided is true and correct. D-51,Sm1 by. Century 21 ANstars By ✓r 2/9/2016 (Please Print) Agent (Broker representing Seller or Landlord) As enaee or Broker Signature Date Luther Sanchez 3. BUYER'S OR TENANTS ACKNOWLEDGMENT I (we) have received copies of all Information listed, if any, in 1 above and the pamphlet "Protect Your Family From Lead /n Your Home" or an equivalent pamphlet approved for use in the State such as "The Homeowner's Guide to Environmental Hazards and Earthquake Safety." if delivery of any of the disclosures or pamphlet referenced in paragraph 1 above occurs after Acceptance of an offer to purchase, Buyer has a right to cancel pursuant to the purchase contract. If you wish to cancel, you must act within the prescribed period. For Sales Transactions Only Buyer acknowledges the right for 10 days, unless otherwise agreed in the real estate purchase contract, to conduct a risk assessment or inspection for the presence of lead -based paint and/or lead -based paint hazards; OR, (if checked) Buyer waives the right to conduct a risk assessment or inspection for the presence of lead -based paint and/or lead -based paint hazards. 1 (we) have reviewed the Information above and certify, to the best of my (our) knowledge, that the Information pr dedliedP(sa and correct. ` <I� 2/9/2016 B Date Buyer or Tenant Date 4. COOPERATING AGENT'S ACKNOWLEDGMENT Agent has Informed Seller or Landlord, through the Listing Agent if the property is listed, of Sellers or Landlord's obligations under §42 U.S.C. 4852d and is aware of Agent's responsibility to ensure compliance. 1 have reviewed the Information above and certify, to the best of my knowledge, that the information provided is true and correct. g edby Century 21 Allstars t,-"-�-�j�� 2/9/2016 Agent (Broker obtaining the Offer) By Assocla - m��g'� ff"broker Signature Date THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSe (C.A.R.). NO REPRE3ENT4TION IS MADE AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL ORTAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL This form IS avaNable for use by the entWe keel estate Nldusvy. it Is not bseMed to IdenMy 04 user as a REALTORS REALTORS u .registered coeetwe membenhp mark *b`C11may be used o 4V by members of the NATIONAL ASSOCIATION OF REALTORS& who subunte Io its Coda of Ethics IdPublished aM Disvkbuled by. REAL ESTATE BUSINESS SERVICES, INC a SubSkk&Y of nu CabfW" AsSxlatm orREAL rORSV 525 South V490 Avenue, Los Argetea, Caleoma 90020 FLO REVISED 11110 (PAGE 2 OF 2) R-ed by oat. LEAD -BASED PAINT AND LEAD -BASED PAINT HAZARDS DISCLOSURE (FLD PAGE 2 OF 2)� Pr 'e d mo WFu * by ML099 19070 FMe Mb Road Fora, MWMM 46026 bwj rot W 641, Suif" C A L I F 0 K N I A ASSOCIATION SELLER PROPERTY QUESTIONNAIRE OF R E A L T O R S (C.A.R. Form SPQ, Revised 11/13) This form is not a substitute for the Real Estate Transfer Disclosure Statement (TDS). It is used by the Seller to provide additional Information when a TDS is completed or when no TDS is required. 1. Seller makes the following disclosures with regard to the real property or manufactured home described as 6036 Stafford Ave. , Assessor's Parcel No, situated in Huntington Park County of Los Angeles California ("Property"). II. The following are representations made by the Seller. Unless otherwise specified In writing, Broker and any real estate licensee or other person working with or through Broker has not verified Information provided by Seller. A real estate broker is qualified to advise on real estate transactions. If Seller or Buyer desires legal advice, they should consult an attorney. ill. Note to Seiler: PURPOSE: To tell the Buyer about known material significant Items affecting the value or desirability of the Property and help to eliminate misunderstandings about the condition of the Property. • Answer based on actual knowledge and recollection at this time. • Something that you do not consider material or significant may be perceived differently by a Buyer. • Think about what you would want to know If you were buying the Property today. • Read the questions carefully and take your time, • If you do not understand how to answer a question, or what to disclose or how to make a disclosure in response to a question, whether on this form or a TDS, you should consult a real estate attorney in California of your choosing. A broker cannot answer the questions for you or advise you on the legal sufficiency of any answers or disclosures you provide. IV. Note to Buyer: PURPOSE: To give you more Information about known material �r significant items affecting the value or desirability of the Property and help to eliminate misunderstandings about the condition of the Property. • Something that may be material or significant to you may not be perceived the same way by the Seiler. • if something is Important to you, be sure to put your concerns and questions In writing (C.A.R. form BMI). • Sellers can only disclose what they actually know. Seller may not know about all material or significant Items. • Seller's disclosures are not a substitute for your own Investigations, personal judgments or common sense. V. SELLER AWARENESS: For each statement below, answer the question "Are you (Seller) aware of..." by checking either "Yes" or "No." Provide explanations to answers in the space provided or attach additional comments and check section VI. A. STATUTORILY OR CONTRACTUALLY REQUIRED OR RELATED: ARE YOU (SELLER) AWARE OF... 1. Within the last 3 years, the death of an occupant of the Property upon the Property .................... Yes f No 2. An Order from a govemment health official identifying the Property as being contaminated by methamphetamine. (If yes, attach a copy of the Order.) ......................................... Yes No 3. The release of an illegal controlled substance on or beneath the Property .................. . ........ Yes ! No 4. Whether the Property Is located in or adjacent to an "industrial use" zone ........................... Yes No (in general, a zone or district allowing manufacturing, commercial or airport uses.) 5. Whether the Property is affected by a nuisance created by an "industrial use" zone ... . ................ Yes / No 6. Whether the Property Is located within 1 mile of a former federal or state ordnance location .............. Yes / No (In general, an area once used for military training purposes that may contain potentially explosive munitions,) T. Whether the Property is a condominium or located in a planned unit development or other common Interest subdivision.. , ........ Yes No 8. Insurance claims affecting the Property within the past 5 years . . .... . ........................ . .... Yes No 9. Matters affecting title of the Property ............................... . ........................ Yes No 10. Material facts or defects affecting the Property not otherwise disclosed to Buyer ...................... Yes No Explanation, or (if checked) see attached; B. REPAIRS AND ALTERATIONS: ARE YOU (SELLER) AWARE OF... 1. Any alterations, modifications, remodeling, replacements or material repairs on the Property (including those resulting from Home Warranty claims) ........................ . ...... . ....... . . . Yes / No 2. Ongoing or recurring maintenance on the Property (for pie, drain or sewer clean -out, tree or pest control service) ............. _ . , Yes / No Buyers Initials ) (! ) Seller's INtla i r, ) ( ) Z 2005-2013 California Assoclallon of REALTCRSO, Inc 1� SPQ REVISED 11/13 (PAGE 1 OF 4)'° SELLER PROPERTY QUESTIONNAIRE (SPQ PAGE 1 OF 4) Ctniury It Alban f155 Tdqnph Rd. Ind Filar Pia WWI, CA 90e60 Phon• 5R-ti1-2121 Fax vatided Ceatury 11 AWtern VI1laexu+a Produced with LipFormS by nPLop 14070 F.heen We Road Frow M n gen 40026 fVfVw zin2,{�,r, Property Address: 6036 Stafford Ave. Huntington Park, CA 90255 Date: September 1, 2015 3. Any part of the Property being painted within the past 12 months........ .... Yes / No 4. If this is a pre-1978 Property, were any renovations (i.e., sanding, cutting demolition) of lead -based paint surfaces completed In compliance with the Environmental Protection Agency Lead -Based Paint Renovation Rule ......................................... ................ Yes No Explanation: C. STRUCTURAL, SYSTEMS AND APPLIANCES: ARE YOU (SELLER) AWARE OF... 1. Defects in any of the following, (including past defects that have been repaired): heating, air conditioning, electrical, plumbing (including the presence of polybutylene pipes), water, sewer, waste disposal or septic system, sump pumps, well, roof, gutters, chimney, fireplace, foundation, crawl space, attic, soil, grading, drainage, retaining walls, interior or exterior doors, windows, walls, ceilings, floors or appliances ................................................... Yes / No 2. The leasing of any of the following on or serving the Property: solar system, water softener system, water purifier system, alarm system, or propane tank (s) ...................................... Yes / No 3. An alternative septic system on or serving the Property.... .................................. Yes i No Explanation: D. DISASTER RELIEF, INSURANCE OR CIVIL SETTLEMENT: ARE YOU (SELLER) AWARE OF... 1. Financial relief or assistance, Insurance or settlement, sought or received, from any federal, state, local or private agency, insurer or private party, by past or present owners of the Property, due to any actual or alleged damage to the Property arising from a flood, earthquake, fire, other disaster, or occurrence or defect, whether or not any money received was actually used to make repairs .................... ......... .... .................. ....... Yes ,/ No Explanation: E. WATER -RELATED AND MOLD ISSUES: ARE YOU (SELLER) AWARE OF... 1. Water intrusion into any part of any physical stricture on the Property, leaks from or In any appliance, pipe, slab or roof; standing water, drainage, flooding, underground water, moisture, water -related soil settling or slippage, on or affecting the Property ............. / Yes No 2. Any problem with or Infestation of mold, mildew, fungus or spores, past or present, on or affecting the Property ................................................... . Yes / No 3. Rivers, stream, flood channels, underground springs, high water table, floods, or tides, on or affecting the Property or neighborhood ................ ........ Yes / No Explanation: L u , , , dj,,L k L t 4,, V�, e.& ,1 L F. PETS, ANIMALS AND PESTS: ARE YOU (SELLER) AWARE OF... 1. Pets on or in the Property ...................... . ....... Yes ; No 2. Problems with livestock, wildlife, insects or pests on or in the Property Yes j No 3. Past or present odors, urine, feces, discoloration, stains, spots or damage in the Property, due to any of the above ...... Yes / No 4. Past or present treatment or eradication of pests or odors, or repair of damage due to any of the above. .......... . ... ...... ..................... ...... _ ...... Yes f No If so, when and by whom Explanation: G. BOUNDARIES, ACCESS AND PROPERTY USE BY OTHERS: ARE YOU (SELLER) AWARE OF... 1. Surveys, easements, encroachments or boundary disputes .. .. .............................. Yes f No 2. Use or access to the Property, or any part of It, by anyone other than you, with or wit�WdkermLssion, for any purpose, including but not limited to, using or maintaining roads, d er forms of ingress or egress or other travel or drainage ............... . r. -. Yes �^ No Buyer's Initials ) Sellers Inl s ( SPp REVISED 11113 (PAGE 2 OF 4) ■ SELLER PROPERTY QUESTIONNAIRE (SPp PAGE 2 OF 4) Produ;ed w 1hripFom4by zpLoga 1607O Filets+ Wo Road Fraser k6ch pen 46626 XNft bpjjjMLpm L edded Property Address: 6036 Stafford Ave., Huntington Park, CA 90255 Date: SFembsr 1, 2015 3. Use of any neighboring property by you Yes / No Explanation: H. LANDSCAPING, POOL AND SPA: ARE YOU (SELLER) AWARE OF.. I. Diseases or infestations affecting trees, plants or vegetation on or near the Property ..... ........... Yes ,i No 2. Operational sprinklers on the Property ........... .......... ..... Yes No (a) If yes, are they f automatic or manually operated. (b) If yes, are there any areas with trees, plants or vegetation not covered by the sprinkler system Yes / No 3. A pool heater on the Property ............................................................. Yes / No If yes, is it operational? ............. Yes No 4. A spa heater on the Property ....................... ................. ...... Yes / No If yes, is it operational? ............. Yes No 5. Past or present defects, leaks, cracks, repairs or other problems with the sprinklers, pool, spa, waterfall, pond, stream, drainage or other water -related decor including any ancillary equipment, including pumps, filters, heaters and cleaning systems, even If repaired .. Yes No Explanation: I. CONDOMINIUMS, COMMON INTEREST AND DEVELOPMENTS AND OTHER SUBDIVISIONS: ARE YOU (SELLER) AWARE OF... 1. Any pending or proposed dues Increases, special assessments, rules changes, insurance availability issues, or litigation by or against or fines or violations issued by a Homeowner Association or Architectural Committee affecting the Property ..................................... Yes , No 2. Any declaration of restrictions or Architectural Committee that has authority over improvements made on or to the property ......................................................... Yes No 3. Any Improvements made on or to the property without the required approval of an Architectural Committee or inconsistent with any declaration of restrictions or Architectural Commltee requirement... .. .......... ................................................ Yes /' No Explanation: J. TITLE, OWNERSHIP AND LEGAL CLAIMS: ARE YOU (SELLER AWARE OF... 1. Any other person or entity on title other than Sellers) signing this form.. Yes / No 2. Leases, options or claims affecting or relating to title or use of the Property ... ... .. ..... Yes l No 3. Past, present, pending or threatened lawsuits, settlements, mediations, arbitrations, tax liens, mechanics' liens, notice of default, bankruptcy or other court filings, or government hearings affecting or relating to the Property, Homeowner Association or neighborhood .......... Yes ! No 4. Any private transfer fees, triggered by a sale of the Property, in favor of private parties, charitable organizations, Interest based groups or any other person or entity ...... , . ... .......... Yes / No Explanation: K. NEIGHBORHOOD: ARE YOU (SELLER) AWARE OF... 1. Neighborhood noise, nuisance or other problems from sources such as, but not limited to, the following: neighbors, traffic, parking congestion, airplanes, trains, light rall, subway, trucks, freeways, buses, schools, parks, refuse storage or landfill processing, agricultural operations, business, odor, recreational facilities, restaurants, entertainment complexes or facilities, parades, sporting events, fairs, neighborhood parties, litter, construction, air conditioning equipment, air compressors, generators, pool equipment or appliances, underground gas pipelines, cell phone towers, high voltage transmission lines, or wildlife ............................. Yes / No Explanation: DS Buyer's Initials !, ��%) t �Y ) Seller's Initials (` �,✓,/ OPQ REVISED 3 OF 4) SELLER PROPERTY QUESTIONNAIRE (SPQ PAGE 3 OF 4) 1� r Produced w0h tlpFarme by ApLoga 18070 Film We Rrad, Fraser hOft gan 4802E 1Cfl L&2L0WLrjM J Uadtkd Property Address: 6036 Stafford Ave., Huntington Park, CA g0255 Date: September 1, 2015 L. GOVERNMENTAL: ARE YOU (SELLER) AWARE OF... 1. Ongoing or contemplated eminent domain, condemnation, annexation or change In zoning or general plan that applies to or could affect the Property .................................... .. . . .. .......... Yes % No 2. Existence or pendency of any rent control, occupancy restrictions, improvement restrictions or retrofit requirements that apply to or could affect the Property ..................... Yes i No 3. Existing or contemplated building or use moratoria that apply to or could affect the Property . ........... Yes / No 4. Current or proposed bonds, assessments, or fees that do not appear on the Property tax bill that apply to or could affect the Property .......... ......................................... Yes ? No S. Proposed construction, reconfiguration, or closure of nearby Government facilities or amenities such as schools, parks, roadways and traffic signals .. .. .. ....................... ..... Yes % No 6. Existing or proposed Government requirements affecting the Property (i) that tall grass, brush or other vegetation be cleared; (11) that restrict tree (or other landscaping) planting, removal or cutting or (ill) that flammable materials be removed ............................................ Yes / No 7. Any protected habitat for plants, trees, animals or insects that apply to or could affect the 8. Property . .................. Whether the Property Is historically designated or falls within an existing or proposed Yes t' No Historic District................................................................... Explanation: Yes / No M. OTHER: ARE YOU (SELLER) AWARE OF... 1. Reports, inspections, disclosures, warranties, maintenance recommendations, estimates, studies, surveys or other documents, pertaining to (i) the condition or repair of the Property or any improvement on this Properly in the past, now or proposed; or (ti) easements, encroachments or boundary disputes affecting the Property ................... .. ........ ...... Yes / No (If yes, provide any such documents in your possession to Buyer.) 2. Any occupant of the Property smoking on or In the Property....... ........ .. . ........ .... ... .. Yes t No 3. Any past or present known material facts or other significant Items affecting the value or desirability of the Property not otherwise disclosed to Buyer .................. Yes ' No Explanation: VI. (IF CHECKED) ADDITIONAL COMMENTS: The attached addendum contains an explanation or additional comments in response to specific questions answered "yes" above. Refer to line and question number in explanation. Seller represents that Seller has provided the answers and, if any, explanations and comments on this form and any attached addenda and that such Information is true and correct to the best of Seller's knowledge as of the date signed by Seller. Seller acknowledges (1) Setter's obligation to disclose information requested by this form is Independent from any duty of disclosure that a real estate licensee may have In this transaction; and (it) nothing that any such real estate licensee does or says to Seller relieves Seller from his/her duty of disclosure. Seller1''/1 Vernon City Date Seiler Date Ely signing below tau er acknowledges that Buyer has read, understands and has received a copy of this Seller Property Buyer Date 2/9/2016 Buyer Date THIS FORM HAS SE3d APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSS (CA It). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ADEOUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON OUALIFIED To ADVISE ON REAL ESTATE TRANSACTIONS IF YOU DESIRE LEGAL OR TAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL This form is evait" far use by the entire red estate iiduslry. II Is not Intended to Idareh Us user as a REALTORS. REALTORS N a registered collective mambershIP marl which may be used ary by members of the NATIONAL ASSOCIATION OF REALTORSS who subsalbe to its Code air Edda U Pubishad andDistributed by: REAL ESTATE BUSINESS SERVICES. INC. a subalarry aof the CAUFORNN ASSOCIA 77ON OF REAL TORSO 525 South VV Avenue. Los Argdes. Caftn to otion Reviewed by Date 2 SPQ REVISED 11/13 (PAGE 4 OF 4) a... SELLER PROPERTY QUESTIONNAIRE (SPQ PAGE 4 OF 4) Pr &A" wee *F=0 M avl011IN 18070 Fi6een UIG Rose. Frr W µdWW 4a26 mMMAgILM Uutlkr 0 Residential Earthquake Hazards Report (loos Edition) �i:f5iQi Dy-' +e-+neuar �} � - tn� cane _. Answer thesP quest 1--5 to the bust Of your knowledge. If you do not havo aetual knowledge es to whether meweakness exists, answer where i 'Don't know " II e house doe:; nut have the feature, answer 'Doesn'I Apply' the page numbers in the right-hand column indicate n this guide you aan find Infor(ndllon on each of these feahxes Doesn't Don't See Yes No Apply Know Pigs I Is the water heater hraced, strapped, or anchored to resist falling during an edithquakal 12 2 I, the house anchorttd or bolted to the foundation? 0 t'l U 3 If We house hies cripple ivatl5 l J C Cry Are, the extrnor cripple yaps hrir-rd? t`1 L J t-ry Ib wa - It li,e exterior {nundattOn crnslsts of unconnected cirncrete Piers and posts, have lJ 41 Ittey bean strenglhenody ❑ rq lL.J Q 18 4 t, it the exlenor foundation, or part Of it, i, madu of unrern(on.ed masunr)r has it been w strengthened'? 20 a, J. If the haer$e IS built nn a hi(I,id d' ` Are the exlenor fall (aundabon walls bracd? e ❑ 22 ,b Were the !gall pails nr culiumne either hull In resist earthquakes or have shay been slrrnglhrmed? a ,� 5 It the exlenor +v,itls of the house, or parf of Ihirm, are made of unreinforced masonry, 22 ., 0 have they been 3trongthened? LJ L] 0 24 y It the house has a living Brea over the garage, was the wa(I around Iha garage door V opening either bull to resist earthquakes or has it be_o stfelig(hened" ❑ El (l `6 j 9, Is the hnUS0 outside tan Alquist•Priolo Earthquake Fault ?One (.ones immediately LJ 0 �N sucrtyundurg known ea thquake faults)") Fo rye reported on file 36 cx 9 Is the house oul9tde a Seismic Hazard Zune (zone identified as sue(:eptibte to lique(acLon N3tur;71 fIdZardS (7rSCfosura 43 0) or Iarufslidingl? Report 36 r< i1 any of the questions are answered -NO,' the house Is likely to have it(' earltktuaka weakness. Cheslions answered 'Don't Know" may Ind"'ata a necv} for further evaluation. If you corrected one Of more Of those weaknesses, describe tha work on a soparals page. As seller of the Proporty described herein. I have answered the questions above in Iha hest of my knowledge in an effort to disclose fully any potential aarthquake weaknesses it may have EXECUTED By j (Senery -- - owe I acknovnedge scale! Of Nip torn, completed and algned by the seller. I understand that It the seller has answered 'Did to one nr mule 7u5 i.+D'!f}frtlivy„ptficaled a Iack of knowledge, there may he one or mesa earthquake weaknesses irr this house. { 2/9/2016 lBuynrl '--- Da�e This earthquaka disclosure Is made In addition to the standard real estate transfer dlocioyure statement also required by low. t he Homeowner's Guide to Earthquake Safety 41 CALIFORNIA ASSOCIATION REAL ESTATE TRANSFER DISCLOSURE STATEMENT •Ii► O F R E A L T O R S' (CALIFORNIA CIVIL CODE 61102, ET SEG.) (C.A.R. Form TDS, Revised 4114) THIS DISCLOSURE STATEMENT CONCERNS THE REAL PROPERTY SITUATED IN THE CITY OF Huntington Park , COUNTY OF Los Angeles , STATE OF CALIFORNIA, DESCRIBED AS 6036 Stafford Ave. Huntington Park, CA 90255 THIS STATEMENT IS A DISCLOSURE OF THE CONDITION OF THE ABOVE DESCRIBED PROPERTY IN COMPLIANCE WITH SECTION 1102 OF THE CIVIL CODE AS OF (date) September 1, 2015 . IT IS NOT A WARRANTY OF ANY KIND BY THE SELLER(S) OR ANY AGENT(S) REPRESENTING ANY PRINCIPAL(S) IN THIS TRANSACTION, AND IS NOT A SUBSTITUTE FOR ANY INSPECTIONS OR WARRANTIES THE PRINCIPAL(S) MAY WISH TO OBTAIN. 1. COORDINATION WITH OTHER DISCLOSURE FORMS This Real Estate Transfer Disclosure Statement Is made pursuant to Section 1102 of the Civil Code. Other statutes require disclosures, depending upon the details of the particular real estate transaction (for example: special study zone and purchase -money lien on residential property). Substituted Disclosures: The following disclosures and other disclosures required by law, Including the Natural Hazard Disclosure Report/Statement that may include airport annoyances, earthquake, fire, flood, or special assessment information, have or will be made in connection with this real estate transfer, and are Intended to satisfy the disclosure obligations on this form, where the subject matter is the same: Inspection reports completed pursuant to the contract of sale or receipt for deposit. Additional inspection reports or disclosures: It. SELLER'S INFORMATION The Seller discloses the following Information with the knowledge that even though this is not a warranty, prospective Buyers may rely on this information in deciding whether and on what terms to purchase the subject property. Seiler hereby authorizes any agent(s) representing any principal(s) In this transaction to provide a copy of this statement to any person or entity In connection with any actual or anticipated sale of the property. THE FOLLOWING ARE REPRESENTATIONS MADE BY THE SELLER(S) AND ARE NOT THE REPRESENTATIONS OF THE AGENT(S), IF ANY. THIS INFORMATION IS A DISCLOSURE AND IS NOT INTENDED TO BE PART OF ANY CONTRACT BETWEEN THE BUYER AND SELLER. Seller Is/ Is not occupying the Home. A. The subject property has the Items checked below: Range WaIINNndow Ale Conditioning Oven Pool: Sprinklers / Microwave / Public Sewer System Child Resistant Barrier Pool/Spa Heater. / Dishwasher Septic Tank Trash Compactor Sump Pump Gas Solar Electric / Water Heater: / Garbage Disposal Water Softener / Washer/Oryer Hookups Pallo/Decking Gas Solar Electric / Water Supply. Rain Gutters Built-in Barbecue Burglar Alarms Gazebo % city WON / Carbon Monoxide Devices) Security Gate(s) Private Utility or Other / Smoke Detedor(s) / Garage: / Gas Supply. Fire Alarm / Attached Not Attached TV Antenna Carport / UU#ty Bottled (Tank) Satellite Dish / Automatic Garage Door Opener(s) Window Screens Window Security Bers %Intercom Number Remote Controls Central Heating Sauna Quick Release Mechanism on / Central Air Conditioning Hot Tub/Spa: Bedroom Windows Watw-Conserving Plumbing Fixtures Evaporator Cooler(s) Loddng Safety Cover Exhaust Fan(s) In 220 Vdt Wiring In Fireplace(s) in Gas Starter RooK3): Type: Other. Age- (approx.) Are there, to the best of your (Sellers) knowledge, any of the above that are not in operating condition? Yes 'r No. If yes, then describe. (Attach additional sheets If necessary): (•see rate on f► &4# BuyersInitials ( )SellersMIUaI ) t ) Curet -1014. Ci1NomY Addodakn d REALTORSO be TDS REVISED 4114 (PAGE 1 OF 3) Reviewed b pate REAL ESTATE TRANSFER DISCLOSURE STATEMENT (TDS PAGE 1 OF 3) Cewwq 11 Albion 9155 T•broo Rd. Ld Flow ►lee Alan. CA 18M Phe . 51140-1111 Fax: UNldd Cana .11Albion vYYaem linKMOLZO a F.MAb, a Le a j@M Ff"n We Road Fnoer,W1;an1002e Property Address: 6036 St61%rd Ave. , Huntington Park, CA 90255 Date: September 1 2015 S. Are you (Seller) aware of any significant defects/malfunctions in any of the following? Yes /No, If yes, check appropriate space(s) below. Interior Walls Ceilings Floors Exterior Walls Insulation Roof(s) Windows Doors Foundation Slab(s) Driveways Sidewalks Walls/Fences Electrical Systems Plumbing/Sewers/Septics Other Structural Components (Describe: If any of the above Is checked, explain. (Attach additional sheets if necessary.): 'Installation of a listed appliance, device, or amenity is not a precondition of sale or transfer of the dwelling. The carbon monoxide device, garage door opener, or child -resistant pool barrier may not be In compliance with the safety standards relating to, respectively, carbon monoxide device standards of Chapter 8 (commencing with Section 13260) of Part 2 of Division 12 of, automatic reversing device standards of Chapter 12.5 (commencing with Section 19890) of Part 3 of Division 13 of, or the pool safety standards of Article 2.5 (commencing with Section 115920) of Chapter 5 of Part 10 of Division 104 of, the Health and Safety Code. Window security bars may not have quick -release mechanisms in compliance with the 1995 edition of the California Building Standards Code. Section 1101.4 of the Civil Code requires all single-family residences built on or before January 1, 1994, to be equipped with water -conserving plumbing fixtures after January 1, 2017. Additionally, on and after January 1, 2014, a single-family residence built on or before January 1, 1994, that is altered or improved is required to be equipped with water -conserving plumbing fixtures as a condition of final approval. Fixtures in this dwelling may not comply with section 1101.4 of the Civil Code. C. Are you (Seller) aware of any the following: 1. Substances, materials, or products which may be an environmental hazard such as, but not limited to, asbestos, formaldehyde, radon gas, lead -based paint, mold, fuel or chemical storage tanks, and contaminated soil or water on the subject property ........................................................... Yes /No 2. Features of the property shared In common with adjoining landowners, such as walls, fences, and driveways, whose use or responsibility for maintenance may have an effect on the subject property .... . ................ Yes / No 3. Any encroachments, easements or similar matters that may affect your Interest In the subject property .... , ... , Yes / No 4. Room additions, structural modifications, or other alterations or repairs made without necessary permits........ Yes / No 5. Room additions, structural modifications, or other alterations or repairs not In compliance with building codes .. , Yes / No 0. Fill (compacted or otherwise) on the property or any portion thereof ......... ..... . ........ Yes / No 7. Any settling from any cause, or slippage, sliding, or other soil problems ... , ..... , .. , , Yes / No 8. Flooding, drainage or grading problems ....... . . . . . . Yes / No 9. Major damage to the property or any of the structures from fire, earthquake, floods, or landslides .............. Yes j No 10. Any zoning violations, nonconforming uses, violations of "setback" requirements ....................... Yes / No 11. Neighborhood nolse problems or other nuisances . . ................... Yes / No 12. CC&R's or other deed restrictions or obligations ........... .. . Yes / No 13. Homeowners' Association which has any authority over the subject property ................. . .......... Yes / No 14. Any "common area" (facilities such as pools, tennis courts, walkways, or other areas co -owned in undivided Interest with others) ................................................ . .... Yes / No IS. Any notices of abatement or citations against the property ............ ........ . .... . Yes / No 16. Any lawsuits by or against the Seller threatening to or affecting this real property, claims for damages by the Seller pursuant to Section 910 or 914 threatening to or affecting this real property, claims for breach of warranty pursuant to Section 900 threatening to or affecting this real property, or claims for breach of an enhanced protection agreement pursuant to Section 903 threatening to or affecting this real property, Including any lawsuits or claims for damages pursuant to Section 910 or 914 alleging a defect or deficiency in this real property or "common areas" (facilities such as pools, tennis courts, walkways, or other areas co -owned in undivided Interest with others) ................................... ................... .......................... Yes / No If the answer to any of these is yes, explain. (Attach additional sheets If necessary.): D. 1. The Seller certifies that the property, as of the close of escrow, will be in compliance with Section 13113.8 of the Health and Safety Code by having operable smoke detactogs) which are approved, listed, and installed In accordance with the State Fire Marshal's regulations and applicable local standards. 2. The Seller certifies that the property, as of the close of escrow, will be in compliance with Section 19211 of the Health and Safety Code by having the water heater tank(s) braced, anchored, or strapped in place in accordance with applicable law. os _ s Buyer's initials -.). ) Sellers Initial,, ) ( ) TDS REVISED 4/14 (PAGE 2 OF 3) Reviewed by Date REAL ESTATE TRANSFER DISCLOSURE STATEMENT (TDS PAGE 2 OF 3)'"""~ Produced with zlpFormt by ziplogix 18070 Fifteen We Road Fraser. Michigan 40025 rrAyLAaLgi;1L= entitird Property Address: 6036 Stafford Ave. , Huntington Park, CA 90255 Date: September 1, 2015 Seller certifies that the information herein is true and correct to the best of the Seller's knowledge as of the date signed by the Seiler. Seller , Vemon City - - �,/ Date Seller ' (, ( Date 001 III. AGENT'S INSPECTION DISCLOSURE (To be completed only If the Setter is represented by an agent in this transaction.) THE UNDERSIGNED, BASED ON THE ABOVE INQUIRY OF THE SELLER(S) AS TO THE CONDITION OF THE PROPERTY AND BASED ON A REASONABLY COMPETENT AND DILIGENT VISUAL INSPECTION OF THE ACCESSIBLE AREAS OF THE PROPERTY IN CONJUNCTION WITH THAT INQUIRY, STATES THE FOLLOWING: Jt See attached Agent Visual Inspection Disclosure (AVID Form) Agent notes no Items far disclosure. Agent notes the following Items: Agent (Broker Representing Seller) Century 21 Allstars By 'p,f�1 G{ liU9CG6Q Date y� (Please Print) (Associate Licensee or Brok Signature) Luther Sanchez IV. AGENT'S INSPECTION DISCLOSURE (To be completed only if the agent who has obtained the offer Is other than the agent above.) THE UNDERSIGNED, BASED ON A REASONABLY COMPETENT AND DILIGENT VISUAL INSPECTION OF THE ACCESSIBLE AREAS OF THE PROPERTY, STATES THE FOLLOWING: See attached Agent Visual Inspection Disclosure (AVID Form) Agent notes no Items for disclosure. Agent notes the following Items century 21 Allstars Agent (Broker Obtaining the Offer) BY EOF52701e FE Date 2/9/2016 (Please Print) (Associate Licensee or Broker Signature) V. BUYER(S) AND SELLER(S) MAY WISH TO OBTAIN PROFESSIONAL ADVICE AND/OR INSPECTIONS OF THE PROPERTY AND TO PROVIDE FOR APPROPRIATE PROVISIONS IN A CONTRACT BETWEEN BUYER AND SELLER(S) WITH RESPECT TO ANY ADVICE/INSPECTIONSIDE WS I/WE ACKNI?WLEDGE RS _OF,, COPY OF THIS STATEM � 2/9/2016 Setter t r�� �'!` `+ Date / l „1 /.� Buyer NT 4 Date Vernon CIN D95e3A97F851�H Seller Date Buyer Date Agent (Broker Representing Seiler) Century 21 Afisters By iau'U4 '4'ri cjt Date ;'/ 67 11 to (Please Print) (Assn atuj�or Brok ignature) Century 21 Allstars Sanchez `� Agent (Broker Obtaining the Offer) By Date 2/9/2016 (Please Print) (Assot��'tr Broker Signature) SECTION 1102.3 OF THE CIVIL CODE PROVIDES A BUYER WITH THE RIGHT TO RESCIND A PURCHASE CONTRACT FOR AT LEAST THREE DAYS AFTER THE DELIVERY OF THIS DISCLOSURE IF DELIVERY OCCURS AFTER THE SIGNING OF AN OFFER TO PURCHASE. IF YOU WISH TO RESCIND THE CONTRACT, YOU MUST ACT WITHIN THE PRESCRIBED PERIOD. A REAL ESTATE BROKER IS QUALIFIED TO ADVISE ON REAL ESTATE. IF YOU DESIRE LEGAL ADVICE, CONSULT YOUR ATTORNEY. 61991 •3014. Cd1Wft A1=ft e„ d REALTORSPL Me. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSO (C A R NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION 9V ANY SPECIFIC TRANSACTION A REAL ESTATE BROKER IS THE PERSON OUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. F YOU DESIRE LE" OR TAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL U PubliMed and DisivoAed by REAL ESTATE BUSINESS SERVICES, INC. a subsldary of ft Carilm* Assodallm of RMTORSm 525 South Virgil Avenue. Los Angeles. CalNomh 90020 mww.aw T0.4 REVISED 4/14 (PAGE 3 OF 3) Rerkwed by Oats REAL ESTATE TRANSFER DISCLOSURE STATEMENT (TDS PAGE 3 OF 3) Produced vAlh dFFonne by VAo" 18070 Fdpen Moo Raad Fraser Michigan Mn www AM a 6 mm Ualkkd RECEIVED A Y OF THE CITY PRE -SALE aYER• ;i E: Pre -Sale Report Building and Safety Property Address: 6036 Stafford 1) Need GFI outlets in restrooms and at kitchen counter Contact Planning and Building Department to abate the violations. Please bring with you to planning and building department a site and floor plan of the property and how you propose to fix violations. You will have 60 days from the issuance of this report to correct the issues stated above. Unless a serious threat to health and safety exists, in which case the inspector shall have the discretion to determine the timeline for compliance. To close the escrow the buyer and seller may sign (have the signatures notarized) and return the attached acknowledgement of receipt form to the Building and Safety Department. Inspected By: Jason Robbins- Building Inspector Date: 1/4/2016 Prepared By: Jason Robbins - Building Inspector Date: 1/4/2016 Page of CITY OF HUNTINGTON PARK Building 8 Safety Division .. 6550 Miles Avenue Huntington Park CA 90255 Tel. (323) 584 6271 - Fax. (323) 584- 6244 I HAVE RECEIVED A COPY OF THE CITY PRE —SALE INSPEC BUYER: es+4e4 DA I E: Residential Pre -Sale Inspection Report ACKNOWLEDGEMENT OF RECEIPT The undersigned hereby acknowledges that they have received a copy of this report and the attached Inspection Report Checklist NON LIABILITY: The issuance of the real property records report is not a warranty or representation by the City that the property or its present use is or is not in compliance with the law. The city does not represent or warrant that the information contained in the report will always be complete and accurate, and all persons receiving the report should independently verify the information contained therein before relying upon it Neither the enactment of the ordinance requiring the Pre -sale Records and Inspection Report nor the preparation and delivery of the report shall impose any liability upon the City for any errors or omissions contained in the report. (Huntington Park Municipal Code. Title 8 Chapter 17.10) Property Seller or uth t Signature Print Name AA Wilson Date 02-01-2016 Address 4305 Santa Fe Avenue City Vernon... - _ - _ State CA Zip 90058 Phone (323) 583-8811 x 228 _Email aiwilson avemon.ca.us__'_.__ Property Buyer - - - ----------- --_ Signature Print Name — — - -- -- - -- ----- Date Address city-- State ----- Zip-- ----- — Phone ---- Email Page of SIGNATURES) MUST BE NOTORIZED AND RETURNED TO THE CITY OF HUNTINGTON PARK BUILDING AND SAFETY DIVISION. 111-IN E RECEIVED A ,7jPY OF THE CITY PRE -SALE !i4SPECT D,1, i . Page of I HAVE RECEIVED A COPY OF THE CITY PRE -SALE INSPECTIO BUYER: ACKNOWLEDGMENT A notary public or other officer completing this certificatc 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 Los Angeles ) County o _ - - — ---- - --- - February 1, 2015 before me, Maria Elva Ayala, Notary Public On ---- - -- (insert name and title of the officer) personally app eared Arnold J. Wilson whose name()) islefe who proved to me on the basis of satisfactory evidence to be the personfs executed the same in subscribed to the within instrument )nand that by hs acknowledghat ed signature(4) on the instrument the his/her�eir authorized capac ehals), acted, executed the instrument person(sj, or the entity upon behalf of which the person(e) under the taws of the State of California that the foregoing I certify under PENALTY OF PERJURY paragraph is true and correct. WITNESS my hand and official seal Signature (Seal) MARIA ELVA 10ALA 1120� cwun s" # 1911631 Mary PW* . cNNorara omp candy Comm. EN Irn A r 9, 2016 CITY OF HUNTINGTON PARK Building a safety Division 6550 Was Avenue, Hunts V= Park, CA 90255 Tel. (323) 564-6271 - Fax (323) 584-6244 Date Issued: January, 28 2016 Address of Property: 6036 Stafford Ave Assessor's Parcel Number: 6320-010-272 Residential Pre -Sale Inspection Report CLEARANCE CERTIFICATION I HAVE RECEIVED A COPY OF THE CITY PRE -SALE INSPEC BUYER: Dr,TE: This clearance certification verifies that all major violations identified on the Pre -sale Record and Inspection Report, Inspection Checklist, identified herein above, has been corrected in accordance with the requirements of the City of Huntington Park Division of Building and Safety. IMPORTANT: This clearance, does not apply to minor violations that may have been identified, or to any non -conformities or restrictions on use or development. NON LIABILITY: The issuance of the real property records report is not a warranty or representation by the city that the property or its present use is or is not in compliance with the law. The city does not represent or warrant that the information contained in the report will always be complete and accurate, and all persons receiving the report should independently verify the information contained therein before relying upon it. Neither the enactment of the ordinance requiring the Pre -sale Records and Inspection Report nor the preparation and delivery of the report shall impose any liability upon the city for any errors or omissions contained in the report. (Huntington Park Municipal Code, Title 8, Chapter 17.10) By: Jason Robbins Title: Building Inspector KV2014.10.27 DocuSign Envelope ID: C93EOBF4-BF4C-1252-B92B-B551640CB85E 4 C A L I F O It N I A STATEWIDE BUYER AND SELLER ADVISORY ASSOCIATION (This Form Does Not Replace Local Condition Disclosures. 'tr r OF Ii E A L T O R S " Additional Addenda May Be Attached to This Advisory. See Paragraph 52) 6036 Stafford Ave. (C.A.R. Form SBSA, Revised 11113) Property Address Huntington Park, CA 9005E Date September 1, 2015 BUYER RIGHTS AND DUTIES: • The physical condition of the land and improvements being purchased are not guaranteed by Seller or Brokers. • You should conduct thorough investigations of the Property both personally and with appropriate professionals. • If professionals recommend further inspections, you should contact qualified experts to conduct such inspections. • You should retain your own professional even if Seller or Broker has provided you with existing reports. • You should read all written reports given to you and discuss those reports with the persons who prepared them. You have the right to request that the Seller make repairs or corrections or take other actions based on inspections or disclosures, but the Seller is not obligated to make any such repairs, corrections or other requested actions. • If the Seller is unwilling or unable to satisfy your requests, and you act within certain time periods, you may have the right to cancel the Agreement (the Purchase Agreement and any Counter Offer and Addenda together are the "Agreement") If you cancel outside of these periods, you may be in breach of the Agreement and your deposit might be at risk. • The terms of the purchase agreement and any counter offers and addenda establish your rights and responsibilities. YOU ARE STRONGLY ADVISED TO INVESTIGATE THE CONDITION AND SUITABILITY OF ALL ASPECTS OF THE PROPERTY. IF YOU 00 NOT DO SO, YOU ARE ACTING AGAINST THE ADVICE OF BROKERS. SELLER RIGHTS AND DUTIES: • You have a duly to disclose material facts known to you that affect the value or desirability of the Property. • You are obligated to make the Property available to the Buyer and have utilities on for inspections as allowed by the Agreement. • This form is not a substitute for completing a Real Estate Transfer Disclosure Statement, if required, and any other property -specific questionnaires or disclosures. • The terms of the Agreement establish your rights and responsibilities. BROKER RIGHTS AND DUTIES: • Brokers do not have expertise in all areas and matters affecting the Property or your evaluation of it. • For most sales of residential properties with no more than four units, Brokers have a duty to make a reasonably competent and diligent visual inspection of the accessible areas of the Property and disclose to you material facts or defects that the inspection reveals. • Many defects and conditions may not be discoverable by a Broker's visual inspection. • If Brokers give a referral to another professional, Brokers do not guarantee that person's performance. You may select any professional of your own choosing. • Any written agreement between a Broker and either Buyer or Seller or both establishes the rights and responsibilities of those parties. 1. INSPECTIONS: Buyer and Seller are advised that Buyer has the right to obtain various inspections of the Property under most residential purchase agreements Buyer is advised to have the Property inspected by a professional property inspection service within Buyer's inspection contingency period. A licensed building contractor or other professional may perform these services. The inspector generally does not look behind walls or under carpets, or take equipment apart. Certain items on the Property, such as chimneys and spark arresters, plumbing, heating, air conditioning, electrical wiring, pool and spa, septic system, well, roof, foundation and structural items may need to be inspected by another professional, such as a chimney sweep, plumber, electrician, pool and spa service, septic of well company or roofer. A general physical inspection typically will not test for mold, wood destroying pests, lead -based paint, radon, asbestos and other environmental hazards, geologic conditions, age, remaining useful life or water -tightness of roof, cracks, leaks or operational problems associated with a pool or spa or connection of the Property to a sewer system. If Buyer wants further information on any aspect of the Property, Broker recommends that Buyer have a discussion with the professional property inspector and that Buyer hire an appropriate professional for the area of concern to Buyer Brokers do not have expertise in these areas. Brokers do not verify the results of any such inspection or guarantee the performance of any such inspector or service. Any election by Buyer to waive the right to a physical inspection of the Property or to rely on somebody other (4an an appropriate professional is against the advice of Brokers. Not all inspectors are licensed and licenses are �avallaor all types of inspection activities fo�s Buyer's Initials I Seller's Initials 02004-2013. California Associalron of REALTORSJ) Inc SBReviewed by DateSA REVISED itit3 (PAGE 1 OF t2) _ STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 1 OF 12) Cons it Aenart /1Its TOnnM x•. I•a FW, p" lR_ CA NFN {'Mn•. Sf2-N}:I11 F.Csrm II Afia a Vift— a Proaw*d wth noo me•y z gogu Isoio Fjdm we Road Fnax Adlfhgan dseje ymy„eGLQWAy(,pl N1f slaRarJ DocuSign Envelope to: C93EDBF4-BF4C-4252-8928-8551640C885E Property Address:6036 Stafford Ave., Huntington Park, CA 90058 Date: September 1, 2015 2. SQUARE FOOTAGE, LOT SIZE, BOUNDARIES AND SURVEYS: Buyer and Seller are advised that only an appraiser or land surveyor, as applicable, can reliably confirm square footage, lot size, Property corners and exact boundaries of the Property. Representations regarding these items that are made in a Multiple Listing Service, advertisements, and from property tax assessor records are often approximations, or based upon inaccurate or Incomplete records. Fences, hedges, walls or other barriers may not represent actual boundary lines. Unless otherwise specified by Broker in writing, Brokers have not verified any such boundary lines or any representations made by Seller or others. Brokers do not have expertise in this area. Standard title insurance does not insure the boundaries of the Property. if Buyer wants Information about the exact square footage, lot size or location of Property corners or boundaries, Broker recommends that Buyer hire an appraiser or licensed surveyor to investigate these matters or to prepare a survey of the property during Buyer's inspection contingency period. 3. SOIL AND GEOLOGIC CONDITIONS: Buyer and Seller are advised that real estate In California is subject to settling, slippage, contraction, expansion erosion, subsidence, earthquakes and other land movement. The Property may be constructed on fitf or improperly compacted soil and may have Inadequate drainage capability. Any of these matters can cause structural problems to improvements on the Property. Civil or geo-technical engineers are best suited to evaluate soil stability, grading, drainage and other soil conditions. Additionally, the Property may contain known or unknown mines, mills, caves or wells. Brokers do not have expertise in this area. If Buyer wants further information, Broker recommends that Buyer hire an appropriate professional. Not all inspectors are licensed and licenses are not available for all types of inspections. 4. GEOLOGIC HAZARDS: Buyer and Seller are advised that California has experienced earthquakes in the past, and there is always a potential of future earthquakes. Damage caused by an earthquake may not be discoverable by a visual inspection of Buyer(s) or Broker(s). Inspection by a licensed, qualified professional is strongly recommended to determine the structural integrity and safety of all structures and improvements on the Property. If the Property is a condominium, or located in a planned unit development or in a common interest subdivision, Buyer is advised to contact the homeowners association about earthquake repairs and retrofit work and the possibility of an increased or special assessment to defray the costs of earthquake repairs or retrofit work. Buyer is encouraged to obtain and read the booklet entitled "The Homeowner's Guide to Earthquake Safety.' In most cases a questionnaire within the booklet must be completed by Seller and the entire booklet given to the Buyer if the Property was built prior to 1960. If the Property was built before 1975, and contains structures constructed of masonry or precast (tilt up) concrete walls, with wood frame floors or roof, or if the building has unreinforced masonry walls, then Seller must provide Buyer a pamphlet entitled "The Commercial Property Owner's Guide to Earthquake Safety." Many areas have a wide range of geologic problems and numerous studies have been made of these conditions. Some of this information is available for public review at city and county planning departments. Buyer is encouraged to review the public maps and reports and/or obtain a geologist's inspection report. Brokers do not have expertise in this area. Buyer may be able to obtain earthquake insurance to protect their interest in the Property. Sellers who agree to provide financing should also consider requiring Buyers to obtain such insurance naming Seller(s) as Insured lien holder(s). 5. ENVIRONMENTAL HAZARDS: Buyer and Seller are advised that the presence of certain kinds of organisms, toxins and contaminants, including, but not limited to, mold (airborne, toxic or otherwise), fungi, mildew, lead -based paint and other lead contamination, asbestos, formaldehyde, radon, pcb's, methane, other gases, fuel oil or chemical storage tanks, contaminated soil or water, hazardous waste, waste disposal sites, electromagnetic fields, nuclear sources, urea formaldehyde, or other materials may adversely affect the Property and the health of individuals who live on or work at the property as well as pets. If Buyer wants further information, Buyer is advised, and Broker(s) recommends, that Buyer have the Property inspected for the existence of such conditions and organisms, and conditions that may lead to their formation. Not all inspectors are licensed and licenses are not available for all types of inspection activities. Buyer is also advised to consult with appropriate experts regarding this topic during Buyer's inspection contingency period. Brokers do not have expertise in this area. Broker recommends that Buyer and Seller read the booklets tilled, "Residential Environmental Hazards: A Guide for Homeowners, Homebuyers, Landlords and Tenants," and 'Protect Your Family From Lead In Your Home." 6. EPA's LEAD -BASED PAINT RENOVATION, REPAIR AND PAINTING RULE: The new rule requires that contractors and maintenance professionals working in pre-1978 housing, child care facilities, and schools with lead -based paint be certified; that their employees be trained; and that they follow protective work practice standards. The rule applies to renovation, repair, or painting activities affecting more than six square feet of lead -based paint in a room or more than 20 square feet of dbased ainl on the exterior. Enforcement of the rule begins October 1, 2010. See the EPA website at www.epa.gov ead r information. Buyer and Seller are advised to consult anLPIrialle professional. Buyer's Initials ( 1 Sellers #rnlials ( I ( I SBSA REVISED 11113 (PAGE 2 OF 12) Reviewed by Date 121, STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 2 OF 12) Plop W wall zNW-0q, 4gLoq,x 13070 Fi t—i W. Pad Fra4ar Wpi qw 4AW1 DocuSign Envelope ID:C93EDBF4-BF4C-4252-B928.B55164DC885E Property Address:6030 Stafford Ave. , Huntington Park, CA 90058 Date: September 1, 2015 7. FORMALDEHYDE: Formaldehyde is a substance known to the State of California to cause cancer Exposure to formaldehyde may be caused by materials used in the construction of homes. The United States Environmental Protection Agency, the California Air Resources Board, and other agencies have measured the presence of formaldehyde in the indoor air of select homes in California. Levels of formaldehyde that present a significant cancer risk have been measured in most homes that were tested. Formaldehyde is present in the air because it is emitted by a variety of building materials and home products used In construction. The materials include carpeting, pressed wood products, insulation, plastics, and glues. Most homes that have been lasted elsewhere do contain formaldehyde, although the concentrations vary from home to home with no obvious explanation for the differences. One of the problems is that many suppliers of building materials and home products do not provide information on chemical ingredients to builders. Buyers may have further questions about these issues. Buyer is advised to consult with appropriate experts regarding this topic during Buyer's investigation period. Brokers do not have expertise in this area Broker(s) recommend that Buyer and Seller read the booklet titled "Residential Environmental Hazards: A Guide for Homeowners, Homebuyers, Landlords and Tenants." 8. MOLD: Buyer and Seller are advised that the presence of certain kinds of mold, fungi, mildew and other organisms, sometimes referred to as "toxic mold" (collectively "Mold"), may adversely affect the Property and the health of individuals who live on or work at the Property as we" as pets. Mold does not affect all people the same way, and may not affect some people at all. Mold may be caused by water leaks or other sources of moisture such as, but not limited to, flooding, and leaks in windows, pipes and roof. Seller Is advised to disclose the existence of any such conditions of which he or she is aware. Buyer should carefully review all of Seller's disclosures for any Indication that any of these conditions exist. It is, however, possible that Mold may be hidden and that Seller is completely unaware of Its existence. In addition, Mold is often undetectable from a visual inspection, a professional general property inspection and even a structural pest control inspection. Brokers do not have expertise in this area. if Buyer wants further information, Broker recommends that Buyer have the Property tested for Mold by an environmental hygienist or other appropriate professional during Buyer's inspection contingency period, Not all inspectors are licensed and licenses are not available for all types of inspection activities. 9. WATER INTRUSION: Buyer and Seller are advised that many homes suffer from water intrusion or leakage. The causes of water intrusion are varied, and can include defective construction, faulty grading, deterioration of building materials and absence of waterproof barriers. Water intrusion can cause serious damage to the Property. This damage can consist of wood rot, mold, mildew and even damage to the structural integrity of the Property. The cost of repairing and remediating water intrusion damage and its causes can be very significant. The existence and cause of water intrusion is often difficult to detect. Because you, your Broker or a general home inspector cannot visually observe any effects of water intrusion, Buyer and Seiler should not assume that such intrusion does not exist. Broker recommends that Buyer have the Property inspected for water intrusion by an appropriate professional. Brokers do not have expertise in this area. 10. SEPTIC SYSTEMS: Buyer and Seller are advised that a property may be served by one or more septic systems even though adjoining properties are connected to a sewer line. Buyer and Seller are also advised that some septic tanks and systems may have been abandoned or have leaked into ground water sources. Buyer is advised to contact the appropriate government agency to verify that the Property is connected to a sewer or served by a septic system. If the Property is served by a septic system, It may consist of a septic tank, cesspool, pits, leach lines or a combination of such mechanisms ("collectively, System"), No representation or warranty is made by Seller or Broker concerning the condition, operability, size, capacity or future expansion of a System, nor whether a System is adequate for use by the intended occupants of the Property. A change in the number of occupants or the quantity, composition or methods of depositing waste may affect the efficiency of the System. In addition, the amount of rainfall and ground water table may also affect the efficiency of the System. Many factors including, but not limited to, natural forces, age, deterioration of materials and the load imposed on a System can cause the System to fail at any time. Broker recommends that Buyer obtain an independent evaluation of any System by a qualified sanitation professional during Buyer's inspection contingency period. Brokers do not have expertise in this area Buyer should consult with their sanitation professional to determine If their report includes the lank only, or other additional components of the System such as pits and leach fields. Not all inspectors are licensed and licenses are not available for all types of inspection activities. In some cases, Buyer's lender as well as local government agencies may require System Inspection. System -related maintenance costs may include, but not be limited to, locating, pumping or providing outlets to ground level. Brokers are unable to advise Buyer or Seller regarding System -related issues or associated costs, which may be significant. If Buyer and Seller agree to obtain a System inspection, Buyer and Seller are cautioned that the inspection cost may include, but not be limited to, the costs of locating, pumping or providing outlets to ground lev 05 os Buyers Initials ( ��) t Setter's Initials ( ) t I SBSA REVISED 11113 (PAGE 3 OF 12) Reviewed by Date v."."..r STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 3 OF 12) PMdM"4 "1h n =V& 0y nptuqu 1le20 F1ft 1 MN RoNd Fr %kh9m NI12e avr . Nlf 91"R� DowSign Envelope 10: C93EDBF4-eF4C-4252-B92B-B55164DC885E Property Address:6036 Stafford Ave. , Huntington Park, CA 90058 Date: September 1, 2015 11. WELL AND WATER SYSTEM(S): Buyer and Seller are advised that the Property may be served by one or more water wells, springs, or private community or public water systems. Any of these private or public water systems may contain bacteria, chemicals, minerals and metals, such as chromium. Well(s) may have been abandoned on the Property. Buyer is advised to have both the quality and the quantity of wafer evaluated, and to obtain an analysis of the quality of any domestic and agricultural water in use, or to be used at the Property, from whatever source. Water quality tests can include not only tests for bacteria, such as coliform, but also tests for organic and inorganic chemicals, metals, mineral content and gross alpha testing for radioactivity. Broker recommends that Buyer consult with a licensed, qualified well and pump company and local government agency to determine whether any wellspring or water system will adequately serve Buyer's intended use and that Buyer have a well consultant perform an extended well output test for this purpose. Water well or spring capacity, quantity output and quality may change at any time. There are no guarantees as to the future water quality, quantity or duration of any well or spring. If Buyer wants further information, Broker(s) recommend that Buyer obtain an inspection of the condition, age, adequacy and performance of all components of the well/spring and any water system during Buyer's inspection contingency period. Brokers do not have expertise in this area. 12. WOOD DESTROYING PESTS: Buyer and Seller are advised that the presence of, or conditions likely to lead to the presence of infestation or infection of wood destroying pests and organisms may adversely affect the Property. Inspection reports covering these items can be separated into two sections: Section 1 identifies areas where infestation or infection is evident. Section 2 identifies areas where there are conditions likely to lead to infestation or infection. Brokers do not have expertise in this area. If Buyer wants further information, Buyer is advised and Broker recommends that Buyer have the Property inspected for the existence of such conditions and organisms, and conditions that may lead to their formation, by a registered structural pest control company during Buyer's inspection contingency period. 13. EASEMENTS, ACCESS AND ENCROACHMENTS: Buyer and Seller are advised that confirming the exact location of easements, shared or private driveways or roadways, and encroachments on or to the Property may be possible only by conducting a survey. There may be unrecorded easements, access rights, encroachments and other agreements affecting the Property that may not be disclosed by a survey. Representations regarding these items that are made in a Multiple Listing Service or advertisements, or plotted by a title company are often approximations, or based upon inaccurate or incomplete records. Unless otherwise specified by Broker in writing, Brokers have not verged any such matters or any representations made by Sellers) or others. If Buyer wants further information, Buyer Is advised and Broker(s) recommend that Buyer hire a licensed surveyor during Buyer's inspection contingency period. Brokers do not have expertise in this area. 14. EARTHQUAKE FAULT ZONES AND SEISMIC HAZARD ZONES: Buyer and Seller are advised that California Public Resources Code Sections 2622 and 2696 require the delineation and mapping of "Earthquake Fault Zones" along known active faults and "Seismic Hazard Zones' in California. Affected cities and counties must regulate certain development projects within these zones. Construction or development on affected properties may be subject to the findings of a geological report prepared by a registered California geologist. Generally, Seller must disclose if the Property is in such a zone and can use a research company to aid in the process. If Buyer wants further information, Broker recommends that, during Buyer's inspection contingency period, Buyer make independent inquiries with such research companies or with appropriate government agencies concerning the use and improvement of the Property. Brokers do not have expertise in this area. Buyer Is advised that there is a potential for earthquakes and seismic hazards even outside designated zones. 15. FIRE HAZARDS: Buyer and Seller are advised that fires annually cause the destruction of thousands of homes Due to varied climate and topography, certain areas have higher risks of fires than others. Certain types of materials used in home construction create a greater risk of fire than others. If the Property is located within a State Fire Responsibility Area or a Very High Fire Hazard Zone, generally Seller must disclose that fact to Buyer under California Public Resources Code Section 4138 and California Government Code Sections 51178 and 51183.5. and may use a research company to aid In the process. Owners of property may be assessed a fire prevention fee of up to $150.00 per structure on each parcel in such zones. The fee may be adjusted annually commencing Julyi, 2013. If Buyer wants further information, Broker recommends that, during Buyer's inspection contingency period, Buyer contact the local fire department and Buyer's insurance agent regarding the risk of fire. Brokers do not have expertise in this area. Buyer is advised that there is a potential for fires even outside designated zones. os os Buyers Irufials ( ) �' 1 Seller's Initials ( Q� i SBSA REVISED 11113 (PAGE 4 OF 12) Reviewed by Date rw.. STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 4 OF 12) v. fi'WMM Wn MFa Stry WLoqu 10010 F41— Yle ReW Fraear M-9w 4026 wrr MY SUR�r� DocuSign Envelop 10:C93EDBF4-8F4C4252-B92B-B55164DC885E Property Address:6036 Stafford Ave, Huntington Park, CA 90058 Date: September 1, 2015 16. FLOOD HAZARDS: Buyer and Seller are advised that if the Property is located within a Special Flood Hazard Area, as designated by the Federal Emergency Management Agency (FEMA), or an area of Potential Flooding pursuant to California Government Code Section 8589.3, generally Seiler must disclose this fact to Buyer and may use a research company to aid in the process. The National Flood Insurance Program was established to identify all flood plain areas and establish flood -risk zones within those areas. The program mandates flood insurance for properties within high -risk zones if loans are obtained from a federally -regulated financial institution or are insured by any agency of the United States Government. The extent of coverage and casts may vary. If Buyer wants further information, Broker(s) recommend that Buyer consult his or her lender and/or insurance agent during Buyer's inspection contingency period. Brokers do not have expertise in this area. Buyer is advised that there is a potential for flooding even outside designated zones. 17. ZONE MAPS MAY CHANGE: Maps that designate, among other things, Earthquake Fault Zones, Seismic Hazard Zones, State Fire Responsibility Areas, Very High Fire Hazard Zones, Special Flood Hazard Areas, and Potential Flooding Areas are occasionally redrawn by the applicable Government Agency. Properties that are currently designated In a specified zone or area could be removed and properties that are not now designated in a specified zone or area could be placed in one or more such zones or areas In the future. A property owner may dispute a FEMA flood hazard location by submitting an application to FEMA. 18. BUILDING PERMITS, ZONING AND CODE COMPLIANCE: Buyer and Seiler are advised that any structure on the Property, Including the original structure and any addition, modification, remodel or improvement may have been built without permits, not according to building codes, or in violation of zoning laws. Further, even if such structure was built according to the then -existing code or zoning requirement, it may not be in compliance with current building standards or local zoning. It is also possible that local law may not permit structures that now exist to be rebuilt in the event of damage or destruction. Buyer is advised to check with appropriate government agencies or third party professionals to verify permits and legal requirements and the effect of such requirements on current and future use of the Property, its development and size- If Buyer wants further information, Broker(s) recommend that Buyer discuss the issue with an appropriate professional during Buyer's inspection contingency period. Brokers do not have expertise in this area. 19. VIEWS: Buyer and Seller are advised that present views from the Property may be affected by future development or growth of trees and vegetation on adjacent properties and any other property within the line of sight of the Property. Brokers make no representation regarding the preservation of existing views. if Buyer wants further inlomlalion, Broker(s) recommend that Buyer review covenants, conditions and restrictions. H any, and contact neighboring property owners, government agencies and homeowner associations, If any, during Buyer's inspection contingency period. Brokers do not have expertise in this area. 20. FUTURE REPAIRS, REPLACEMENTS AND REMODELS: Buyer and Seller are advised that replacement or repairs of certain systems or rebuilding or remodeling of all or a portion of the Property may trigger requirements that homeowners comply with laws and regulations that either come Into effect after Close of Escrow or are not required to be complied with until the replacement, repair, rebuild or remodel has occurred. Permit or code requirements or building standards may change after Close of Escrow, resulting in increasing costs to repair existing features. in particular, changes to state and federal energy efficiency regulations Impact the Installation, replacement and some repairs of heating and air conditioning units (HVAC). Federal regulations now require manufacturers of HVAC units to produce only units meeting a new higher Seasonal Energy Efficiency Rating (SEER). This will likely impact repairs and replacements of existing HVAC units. Stale regulations now require that when Installing or replacing HVAC units, with some exceptions, duct work must be tested for leaks. Duct work leaking more than 15 percent must be repaired to reduce leaks. The average existing duct work typically leaks 30 percent. More information is available at the California Energy Commission's website http://www.energy.ca.govi title24/changeout. Home warranty policies may not cover such inspections or repairs. if Buyer wants further Information, Broker recommends that Buyer discuss the issue with an appropriate professional during Buyer's inspection contingency period. Brokers do not have expertise in this area. 21. GOLF COURSE DISCLOSURES: Buyer and Seller are advised that if the Property is located adjacent to or near a Of course the following may apply: (i) Stray golf balls - Any residence near a golf course may be affected by errant golf balls, resulting in personal injury or destruction to property. Golfers may attempt to trespass on adjacent property to retrieve golf balls even though the project restrictions may expressly prohibit such retrieval. (ii) Noise and lighting - The noise of lawn mowers irrigation systems and utility vehicles may create disturbances to homeowners. Maintenance operations may occur in the early morning hours. Residents living near the clubhouse may be affected by extra lighting, noise, and traffic. (ill) Pesticides and fertilizer use - A golf course may be heavily fertilized, as well as subjected to other chemicals during certain periods of the year. (iv) Irrigation system -Golf course sprinkler systems may cause water overspray upon adjacent property and structures. Also the irrigation system of a golf course may use reclaimed and retreated wastewater. (v) Golf carts - Certain lotA may be affected more than others by the use of golf carts. Lots adjacent to a tee or putting green may be subject to gsIw i antes and loss of privacy. (vi) Access to golf course froTITe nces - It is likely that most Buyers INtlais t �- I Set ers Innials t 1 I S8SA REVISED 1ill 3 (PAGE 5 OF 12) Reviewed by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 5 OF 12) P,umc4d w0 ZMF." by mt.." 18010 r,"— Mb Ru4LL F_.. MOU9- 48M DocuSign Envelope ID: C93EDBF4-8F4CA252-892B-855164DC885E Property Address:6036 Stafford Ave. , Huntington Park, CA 90058 Date: September 1, 2015 residences will not have direct access from their lots to the golf course, The project restrictions may disclaim any right of access or other easements from a resident's lot onto the golf course. (vii) View obstruction - Residents living near a golf course may have their views over the golf course impacted by maturing trees and landscaping or by changes to the course's configuration. (viii) Water restrictions - As some municipalities face water shortages, the continued availability of water to the golf course may be restricted or otherwise reduced by the local water agency. If Buyer wants further information, Broker(s) recommend that Buyer contact the local water agency regarding this matter. 22. SCHOOLS: Buyer and Seller are advised that children living in the Property may not, for numerous reasons, be permitted to attend the school nearest the Property. Various factors including, but not limited to, open enrollment policies, busing.. overcrowding and class size reductions may affect which public school serves the Property. School district boundaries are subject to change. Buyer is advised to verify whether the Property is now, and at the Close of Escrow will be, in the school district Buyer understands it to be in and whether residing in the Property entitles a person to attend any specific school in which that Buyer is interested. Broker(s) recommend that Buyer contact the local school or school district for additional information during Buyer's inspection contingency period. Brokers do not have expertise in this area. 23. NEIGHBORHOOD NOISE SOURCES: Buyer and Seller are advised that even if the Property is not In an identified airport noise influence area, the Property may still be subject to noise and air disturbances resulting from airplanes and other aircraft, commercial or military or both, flying overhead. Other common sources of noise include nearby commercial districts, schools, traffic on streets, highways and freeways, trains and general neighborhood noise from people, dogs and other animals. Noise levels and types of noise that bother one person may be acceptable to others. Buyer is advised to satisfy him/herself with regard to any sources of and amounts of noise at different times of day and night. Brokers do not have expertise in this area. 24. PETS AND ANIMALS: Buyer and Seller are advised that the current or previous owner(s)may have had domesticated or other pets and animals at the Property. Odors from animal urine or other contamination may be dormant for long periods of time and then become active because of heat, humidity or other factors and might not be eliminated by cleaning or replacing carpets or other cleaning methods. Pot urine and feces can also damage hardwood floors and other floor coverings. Additionally, an animal may have had fleas, ticks and other pests that remain on the Property after the animal has been removed. If Buyer wants further information, Broker(s) recommend that Buyer discuss the issue with an appropriate professional during Buyer's inspection contingency period. Brokers do not have expertise in this area. 25. SWIMMING POOL, SECURITY AND SAFETY: Buyer and Seiler are advised that state and local Law may require the installation of barriers, anti -entrapment grates, access alarms, self -latching mechanisms and/or other measures to decrease the risk to children and other persons of existing swimming pools and hot tubs, as well as various fire safety and other measures concerning other features of the Property. Compliance requirements differ from city to city and county to county. Unless specifically agreed, the Property may not be in compliance with these requirements. Brokers do not have expertise in this area. If Buyer wants further information, Broker(s) recommend that Buyer contact local government agencies about these restrictions and other requirements. 26. RETROFIT, BUILDING REQUIREMENTS, AND POINT OF SALE REQUIREMENTS: Buyer and Seller are advised that state and local Law may require (i) the installation of operable smoke detectors, (ii) bracing or strapping of water heaters, and (lit) upon sale completion of a corresponding written statement of compliance that is delivered to Buyer. Although not a point of sale or retrofit obligation, state law may require the property to have operable carton monoxide detection devices. Additionally, some city and county governments may impose additional retrofit standards at time of sale including, but not limited to, installing low -flow toilets and showerheads, gas shut-off valves, and tempered glass. Brokers do not have expertise in this area. Broker(s) recommend that Buyer and Seller consult with the appropriate government agencies, Inspectors, and other professionals to determine the retrofit standards for the Property, the extent to which the Property complies with such standards, and the costs, if any, of compliance. 27. WATER SHORTAGES AND CONSERVATION: Buyer and Seller are advised that the Property may be located in an area that could experience water shortages. The policies of local water districts and the city or county in which the Property is located can result in the occurrence of any or all of the following: (i) limitations on the amount of water available to the Property, (ii) restrictions on the use of water, and (lit) an increasingly graduated cost per unit of water use, including, but not limited to, penalties for excess usage. For further information, Broker recommends that Buyer contact the supplier of water to the Property regarding the supplier's Current or anticipated policies on water usage and to determine the extent to which those policies may affect Buyer's intended use of the Property. If the Property is serviced by a private well, Buyer is advised that drought conditions and/or a low water table may make it necessary to arrange, through a private supplier, for delivery of water to the Property. Buyers shoul c er truck companies for the costs involved. Brokers do not kwillexpertise in this area. Buyers Initials ( I Sellers Inihals ( ) t l SBSA REVISED i itt3 (PAGE 6 OF 12) Reviewed by Dale _ STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 6 OF 12) P a ku d wp, DPFnrm* by nPLoWx 16070 FA~ Alb Rad, FMW WNW 48026 w�nr6.. r... N.N SNlfrd DocuSign Envelope 10: C93EDBF4-8F4C4252.8920-B551640C885E Property Address:9036 Stafford Ave., Huntington Park, CA 90058 Date: September 1, 2015 28. NEIGHBORHOOD, AREA, PERSONAL FACTORS, HIGH SPEED RAILS, AND SMOKING RESTRICTIONS: Buyer and Seiler are advised that the following may affect the Property or Buyer's intended use of it: neighborhood or area conditions, including schools, proximity and adequacy of law enforcement, crime, fire protection, other government services, availability, adequacy and cost of any speed -wired, wireless Internet connections or other telecommunications or other technology services and installations, proximity to medical marijuana growing or distribution locations, cell phone lowers, manufacturing, commercial, industrial, airport or agricultural activities or military ordnance locations, existing and proposed transportation, construction, and development, any other source that may affect noise, view, traffic, or odor, wild and domestic animals, susceptibility to tsunami and adequacy of tsunami warnings, other nuisances, hazards, or circumstances, protected species, wetland properties, botanical diseases, historic or other governmentally -protected sites or improvements, cemeteries, conditions and influences of significance to certain cultures and/or religions, and personal needs, requirements and preferences of Buyer. California is potentially moving toward high speed rail service between Northern and Southern California. This rail line could have an impact on the Property if it is located nearby. More information on the timing of the project and routes is available from the California High -Speed Rail Authority at htto://cahiohsoeedrail ca oov. The State of California has long-standing no smoking laws in place restricting smoking in most business and some public spaces. Local jurisdictions may enact laws that are more restrictive than slate law. Many California cities have enacted restrictions on smoking in parks, public sidewalks, beaches and shopping areas. Some jurisdictions have restrictions entirely banning smoking inside privately owned apartments and condominiums as well as in the common areas of such structures, or limiting smoking to certain designated areas. If Buyer wants further information, Broker(S) recommend that Buyer contact local government agencies about these restrictions. 29. UNDERGROUND PIPELINES AND UTILITIES: Throughout California underground pipelines transport natural gas, liquid fuel and other potentially hazardous materials. These pipelines may or may not provide utility services to the Property. Information about the location of some of the pipelines may be available from a company that also provides disclosures of natural and other hazards or from other sources of public maps or records. Proximity to underground pipelines, in and of itself, does not affirmatively establish the risk or safety of the property. If Buyer wants further information about these underground pipelines and utilities, Buyer is advised to consult with appropriate experts during Buyer's investigation contingency period Brokers do not have expertise in this area. 30. MARIJUANA AND METHAMPHETAMINE LABS: Buyer and Seller are advised that California law permits individual patients to cultivate, possess and use marijuana for medical purposes. Furthermore, California law permits primary caregivers, lawfully organized cooperatives, and collectives to cultivate, distribute and possess marijuana for medicinal purposes, California's medical marijuana law is in direct conflict with federal law which recognizes no lawful use for marijuana and has no exemptions for medical use. Federal criminal penalties, some of which mandate prison time, remain in effect for the possession, cultivation and distribution of marijuana. Buyer and Seller are strongly advised to seek legal counsel as to the legal risks and issues surrounding owning or purchasing a property where medical or any other marijuana activity is taking place. Marijuana storage, cultivation and processing tarty the risk of causing mold, fungus or moisture damage to a property, additionally, some properties where marijuana has been cultivated have had alterations to the structure or the electrical system which may not have been done to code or with permits and may affect the safety of the structure or the safe operation of the electrical system. Buyer is strongly advised to retain an environmental hygienist contractor and other appropriate professionals to inspect a property where medical or any other marijuana activity has taken place. Broker recommends that Buyer and Seller involved with a property where there is medical marijuana activity or where it may take place review the California Attorney General's Guidelines for the "Security and Non -Diversion of Marijuana Grown for Medical Use' (http://ag.ca.gov/cros_attachments/press/pdfs/n1601 medicaimarijuanaguidelines.pdf) and the U.S. Department of Justice memo regarding marijuana prosecutions at bqo /iwww ivatfgzoov ooa/document�rm dir�l m� fj� ana f Brokers do not have expertise in this area. While no state law permits the private production of methamphetamine, some properties have been the site of an Illegal meihamphetamine laboratory. State law imposes an obligation to notify occupants, a ban on occupying the property and clean up requirements when authorities identify a property as being contaminated by methamphetamine. Buyer is advised that a property where methamphetamine has been produced may pose a very serious health risk to occupants. Buyer is strongly advised to retain an environmental hygienist contractor or other appropriate professionals to inspect the property if methamphetamine production is suspected to have taken place. Brokers do not have expertise In this area. 31. INSURANCE AND TITLE INSURANCE AFTER FORECLOSURE: Buyer and Seller are advised that Buyer may have difficulty obtaining insurance regarding the Property if there has been a prior insurance claim affecting the Property or made by Buyer but unrelated to the Property. Seller is required by C A.R. Form RPA to disclose known Insurance claims made during the past five years (C.A.R. Form SPQ or SSD) Sellers may not be aware of claims prior to their ownership. If Buyer wants t qr information, Broker(s) recommend that, during Buyer's inspecti contingency period, Buyer conduct his or her ow 'nvi tn for past claims. Buyer may need to obtain Seller's cons nt�Prder to have access to certain Buyer's tnllials ( L( Sellers Initials ( 11 I SBSA REVISED 11/13 (PAGE 7 OF 12) Reviewed by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 7 OF 12) Pradcre.1h ,pF.-@ try apt 18070 Film MN ROW, Fr , 0 j- 4a026 weerjM -_ r= Nlf 51.R.N DocuSign Envelope 1D: C93EDBF4-8F4C4252-B92B-B55164DC685E Property Address: 6036 Stafford Ave., Huntington Park, CA 90058 Dale: September 1,_2015 investigation reports. If the Property is a condominium, or is located in a planned unit development or other common interest subdivision, Buyer and Seller are advised to determine if the individual unit is covered by the Homeowner Association Insurance, Brokers) recommend that Buyer consult Buyers insurance agents during Buyer's Inspection contingency period to determine the need, availability and possibility of securing any and all fors of other insurance or coverage or any conditions imposed by insurer as a requirement of issuing insurance. If Buyer does any repairs to the property during the escrow period or Buyer takes possession prior to Close of Escrow or Seller remains in possession after Close of Escrow, whether for a limited or extended period of time, Brokers) recommend that Buyer and Seller each consult with their own insurance agent regarding insurance or coverage that could protect them in the transaction (including but not limited to: personal property, flood, earthquake, umbrella and renters). Buyer and Seiler are advised that traditional title insurance generally protects Buyers title acquired through the sale of the property. While all We insurance policies, as do all insurance policies, contain some exclusions, some title insurance policies contain exclusions for any liability arising from a previous foreclosure. This on occur when a short sate has occurred but the lender mistakenly has also proceeded with a foreclosure. Buyer is strongly advised to consult with a title insurer to satisfy themselves that the policy to be provided adequately protects their title to the property against other possible claimants. Brokers do not have expertise in this area. 32. CALIFORNIA FAIR PLAN: Buyer and Seller are advised that Insurance for certain hillside, oceanfront and brush properties may be available only from the California Fair Plan. This may Increase the cost of insurance for such properties and coverage may be limited. Broker(s) recommend that Buyer consult with Buyers own Insurance agent during Buyers inspection contingency period regarding the availability of coverage under the California Fair Plan and the length of time it may take for processing of a California Fair Plan application. Brokers do riot have expertise in this area. 33. HISTORICAL DESIGNATION, COASTAL COMMISSION, ARCHITECTURAL, LANDSCAPE, AGRICULTURAL OR OPEN SPACE AND OTHER RESTRICTIONS ON BUILDINGS OR IMPROVEMENTS: Buyer and Seiler are advised that the Property may be: (1) designated as a historical landmark, (ii) protected by a historical conservancy, (ill) subject to an architectural or landscaping review process, (iv) within the jurisdiction of the California Coastal Commission or other government agency, or (v) sut0d to a contract preserving use ofall or part of the Property for agriculture or open space- If the such, or similar, government agency, Ihen there yeO�ty it so designated move them tees o d any may be reestrietioru on angers ability � develop, remove or trim trees or other landscaping. remodel, make improvements Io and bind on or rebuild the Property. Brokers) recommend that Buyer satisfy hirnihersed during Buyers inspection contingency period if any of these issues are of concern to Buyer. Brokers do not have expertise in this area. 34. 1915 IMPROVEMENT BOND MELLO-ROOS COMMUNITY DISTRICT, AND OTHER ASSESSMENT DISTRICTS: Buyer and Seller are advised that the Property may be subject to an improvement bond assessment under the Improvement Bond Ad of 1915, a levy of a special tax pursuant to a Mello -Roos Community Fadities district, and/or a contractual assessment as provided in Section 589824 of the streets And Highways code or other assessment districts. seller is generally required to make a good fait, effort to obtain a disclosure notice from any lout agency cDk'dng such taxes and deliver such notice to Buyers. Brokers do not have expertise in this area. 35. HOMEOWNER ASSOCIATIONS AND COVENANTS, CONDITIONS AND RESTRICTIONS ("CC&Rs"); CHARGING STATIONS: Buyer and Seller are advised that If the Property is a condominium, or looted in a planned unit development, or in a common interest subdivision, there are M)i ally restrictions on use of tine Property and rules that must be followed. Restrictions and ales are commonly found in Declarations and other governing documents. Further there is likely to be a homeowner association (HOA) that has the authority to affect fhe Property and its use. Whether or not there is a HOA, the Property may still be subject to CCBRs restricting use of the Property, The HOA typically has the authority to enforce the rules of the association, assess monetary payments (both regular monthly dues and special assessments) to provide for the upkeep and maintenance of the common areas, and enforce the rules and assessment obligations. If you fail to abide by the rules or pay monies owed to the HOA, the HOA may put a lien against your Property. Additionally, if an electric vehicle Charging station is Installed in a common area or an exclusive use common area, each Seller whose parking space is on or near that charging station must disclose its existence and that the Buyer will have the responsibilities set forth in California Civil Code 51353.9. The law requires the Seller to provide the Buyer with the CCdRs and other governing documents, as well as a copy of the HOA's current financial statement and operating budget, among other documents. Buyer is advised to carefully review all HOA documents provided by Seller and the CC&Rs, if any, and satisfy him/herself regarding the use and restrictions of the Property, the amount of monthly dues and/or assessments, the adequacy of reserves, current and past insurance coverage and claims, and the possibility of any legal action that may be taken by or against the HOA The HOA may not have insurance or may not cover personal property belonging to the owner of the unit in the condominium, common interest or planned unit development See paragraph 31 for further information regarding Insurance. See CAR's Common Interest Development Basic Information Guide on Epubs in zlpFormM6 for further Information, Brokers do not have expertise in this area. 36. LEGAL ACTION: Buyer and Seller are advised that if Seiler or a previous owner was involved in a legal action (litigation or arbitration) affecting the Property, Buyer should obtain and review public and other available records regarding the legal action to determine: (i) whether the legal action or any resolution of it affects Buyer and the Property, (ii) If any rights against any parties involved in the legal action survive the legal action or have been terminated or waived as a result of the legal action, whether or not involving the 9—We issue as in the legal action, and (ill) if any recommendations or r ents resulting from the legal action have been fulfiff� <M, that Buyer is satisfied with any such action Buyer should s l advice regarding these matters Buyer's intleais (I tom' i t) SBSA REVISED 11113 (PAGE 8 OF 12) Reviewed by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 8 OF 12) " Pneucae with a1FF..* by [*Leqht 111876 FMam YIN R.M. Fn . W019. 46024 wrN •w�. WM MIA 5,.I d DocuSign Envelope ID: C93EDBF4-BF4C4252-8928-855164DC885E Property Address; 6036 Stafford Ave., Huntington Park, CA 90058 Date: Sptember 1, 2015 37. COMMUNITY ENHANCEMENT AND PRIVATE TRANSFER FEES: Buyer and Seller are advised that some areas or communities may have enhancement fees or user -type fees, or private transfer taxes and fees, over and above any stated fees. The Federal Housing Finance Agency has issued a rule that prohibits Fannie Mae and Freddie Mac from purchasing loans made on properties with private transfer fees it those fees were established on or after February 8, 2011. See title 12 Code of Federal Regulations Section 1228 for more information and exceptions. Private transfer fees: (i) may last for a fixed period of time or in perpetuity, (ii) are typically calculated as a percentage of the sales price, and (iii) may have private parties, charitable organizations or interest -based groups as their recipients who may use the funds for social issues unrelated to the property. Brokers do not have expertise in this area. 38. GENERAL RECALLIDEFECTIVE PRODUCT/CLASS ACTION INFORMATION: Buyer and Seller are advised that government entities and manufacturers may at any time issue recall notices and/or warnings about products that may be present in the Property, and that these notices or warnings can change. The following nonexclusive, non -exhaustive list contains examples of recalled/defective products/class action information: horizontal furnaces, Whirlpool Microwave Hood Combination; RE-ConBuilding products roof tiles; Central Sprinkler Company Fire Sprinklers; Robert Shaw Water Heater Gas Control Valves; Trex Decking; water heaters; aluminum wiring; galvanized, abs, polybutylene and copper pipe; and dry wait manufactured in China. There is no single, all-inclusive source of information on product recalls, defective products or class actions; however, the U.S. Consumer Product Safety Commission (CPSC) maintains a website that contains useful information. If Buyer wants further information regarding the items listed above, Broker(s) recommend that Buyer review the CPSC website at htlp-,i( Cpsc oov during Buyerss inspection contingency period Another source affiliated with the CPSC is Saferproducts.gov which allows a Buyer to search by product type or product name. Buyers may also search using the various search engines on the Internet for the specked product or products in question. Brokers recommend that Buyers satisfy themselves regarding recalled or defective products. Brokers do not have expertise in this area and Brokers will not determine if any aspect of the Property is subject to a recall or is affected by a class action lawsuit. 39. RENTAL PROPERTY RESTRICTIONS: Buyer and Seller are advised that some cities and counties impose restrictions that limit the rent that can be charged to a tenant, the maximum number of tenants who can occupy the property and the right of a landlord to terminate a tenancy and the costs to do so. If Buyer wants further information, Broker(s) recommend that Buyer investigate the issue with an appropriate government authority during Buyer's inspection contingency period. Brokers do not have expertise in this area. 40. LAND LEASE: Buyer and Seller are advised that certain developments are built on leased land. This means that: (i) Buyer does not awn the land, (it) the right to occupy the land will terminate at some point in time, (III) the cost to lease the land may increase at some point in the future, and (iv) Buyer may not be able to obtain title insurance or may have to obtain a different type of title insurance. If Buyer wants further information, Broker recommends that Buyer discuss the issue with an attorney or other appropriate professional. Brokers do not have expertise in this area. 41. HOME WARRANTY: Buyer and Seller are advised that Buyer and Seller can purchase home warranty plans covering certain standard systems of the Property both before and after Close of Escrow. Seller can obtain coverage for the Property during the listing period. For an additional premium, an upgraded policy providing additional coverage for air conditioning, pool and spa and other features can be purchased. Home warranties do not cover every aspect of the Property and may not cover inspections or upgrades for repairs required by state or federal laws or pre-existing conditions. Broker(s) recommend that Buyer review the policy for details. Brokers do not have expertise in this area 42. INTERNET ADVERTISING; INTERNET BLOGS; SOCIAL MEDIA: Buyer and Seller are advised that Broker may employ a service to provide a 'virtual tour" or Internet marketing of the Property, permitting potential buyers to view the Property over the Internet. Neither the service provider nor Brokers have control over who will obtain access to such services or what action such persons might take. Additionally, some Internet sites and other social media provide formats for comments or opinions of value of properties that are for sale. Information on the Property, or its owner, neighborhood, or any homeowner association having governance over the Property may be found on the Internet on individual or commercial web sites, blogs, Facebook pages, or other social media. Any such information may be accurate, speculative, truthful or lies. Broker will not investigate any such sites, blogs, social media or other Internet sites or the representations contained therein. Buyer is advised to make an independent search of electronic media and online sources prior to removing any investigation contingency. Buyer and Seller are advised that Brokers have no control over how long the information concerning the Property will be available on the Internet or through social media. Brokers do not have expertise in this area. 43. ESCROW FUNDS: Buyer and Seller are advised that California Insurance Code Section 12413.1 provides that escrow companies cannot disburse funds unless there are sufficient `good funds" to cover the disbursement, 'Good funds' are defined as cash, wire transfers and cashiers' or certified checks drawn on California depositories, Escrow companies vary in their own definitions of "good funds." Broker(s) recommend that Buyer and Seller ask the escrow company regarding its treatment of "good funds." mPies and out-of-state checks are subject to waiting periods and mt constitute "good funds" until the money is ph calf Red to and received by the escrow holder. Brokers do not h v!*pertise in this area. Buyer's Initials Sellers Initials sBSA REVISED till 3PAGE 9 OF 12 ( ) Reviewed by Date � STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 9 OF 12)�'°• P,om,ceu woo nPFWm® by a".. i/ono Fein M" Rna4. Fr ua.y.n 4ea2c DocuSign Envelope ID: C93EDBF4-8F4C4252-8926-855164DC885E Property Address:6036 Stafford Ave., Huntington park, CA 90058 Date: September 1, 2015 44. NOTICE OF YOUR "SUPPLEMENTAL" PROPERTY TAX BILL: Buyer and Seller are advised that pursuant to Civil Code § 1102.6(c), Seller, or his or her agent, is required to provide the following "Notice of Your 'Supplemental' Property Tax Bill" to the Buyer: 'California property tax law requires the Assessor to revalue real property at the lime the ownership of property changes. Because of this law, you may receive one or two supplemental tax bills, depending on when your loan closes. The supplemental tax bills are not mailed to your lender. If you have arranged for your property tax responsibility payments to be paid through an impound account, the supplemental tax bills will not be paid by your lender. It is your to pay these supplemental bills directly to the Tax Collector. If you have any questions concerning this matter, please cell your Tax Collector's Office.' Although the notice refers to loan closing as a trigger, it is actually the change of ownership which triggers this reassessment of property taxes. Therefore, the Property can be reassessed even if there is no loan involved in the purchase of the Property. The Purchase Agreement may allocate supplemental tax bills received after the Close of Escrow to the Buyer. If Buyer wants further information concerning these matters, Broker(s) recommend that Buyer discuss the issue with the County Assessor or Tax Collector or their own tax or legal advisor. Brokers do not have expertise in this area. 45. NON CONFIDENTIALITY OF OFFERS: Buyer is advised that Seller or Listing Agent may disclose the existence, terms, or conditions of Buyer's offer, unless all parties and their agent have signed a written confidentiality agreement (such as C.A.R. Form CND). Whether any such information Is actually disclosed depends on many factors, such as current market conditions, the prevailing practice in the real estate community, the Listing Agent's marketing strategy and the instructions of the Seller. 46. FIRPTAICALIFORNIA WITHHOLDING: Buyer and Seller are advised that: (I) Internal Revenue Code Section 1445 requires a Buyer to withhold and to remit to the Internal Revenue Service 10% of the purchase price of the property if the Seller is a non-resident alien, unless an express exemption applies. Seller may avoid withholding by providing Buyer a statement of non -foreign status. The statement must be signed by Seller under penalty of perjury and must include Seller's tax identification number. Buyer can also avoid having to withhold Federal taxes from Seller's Proceeds if the property price is $300,000 or less, and the Buyer signs an affidavit stating Buyer intends to occupy the property as a principal residence. (it) California Revenue and Taxation Code Section 18662 requires that a Buyer withhold and remit to the California Franchise Tax Board 3 1/3% of the purchase price of the property unless the Seller signs an affidavit that the property was the Seller's (or the decedent's, if a trust or probate sale) principal residence or that the sales price is $100,000 or less or another express exemption applies. Exemptions from withholding also apply to legal entities such as corporations, LLCs, and partnerships. Brokers cannot give tax or legal advice. Broker recommends that Buyer and Seller seek advice from a CPA, attorney or taxing authority. Brokers do not have expertise in this area. 47. LIQUIDATED DAMAGES: Buyer and Seller are advised that a liquidated damages clause is a provision Buyer and Seller can use to agree in advance to the amount of damages that a seller will receive if a buyer breaches the Agreement. The clause usually provides that a seller will retain a buyer's initial deposit paid if a buyer breaches the agreement, and generally must be separately initiated by both parties and meet other statutory requirements to be enforceable. For any additional deposits to be covered by the liquidated damages clause, there generally must be another separately signed or initialed agreement (see C.A.R. Form RID). However, if the Property contains from 1 to 4 units, one of which a buyer intends to occupy, California Civil Code Section 1675 limits the amount of the deposit subject to liquidated damages to 3% of the purchase price. Even though both parties have agreed to a liquidated damages clause, an escrow company will usually require either a judge's or arbitrator's decision or instructions signed by both parties in order to release a buyer's deposit to a seller. Buyers and Sellers must decide on their own, or with the advice of legal counsel, whether to agree to a liquidated damages clause. Brokers do not have expertise in this area. —a Buyer's Initials n9 Seller's initials ( �� SBSA REVISED t t/11(PAGE 10 OF 12) Reviwwed by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 10 OF 12) PI"K-d+M-FOmM Gy MLOg" t6070 F41—NM ROW Fq Ndn-4M26 wry mlm YJ6 S.eN6 0 DocuSign Envelope ID: C93EDBF4-8F4C-A252-B92B-B55164DCBBSE Property Address:6036 Stafford Ave. , Huntington Park, CA 90058 Date: September 1, 2015 48. MEDIATION: Buyer and Seiler are advised that mediation is a process by which the parties hire a neutral person to facilitate discussion and negotiation between the parties with the goal of helping them reach a settlement of their dispute The parties generally share In the cost of this confidential, non -binding negotiation. If no agreement is reached, either party can pursue further legal action. Under C.A.R. Form RPA-CA: (i) the parties must mediate any dispute arising out of their agreement (with a few limited exceptions, such as matters within the jurisdiction of a small claims court) before they resort to arbitration or court, and (ii) if a party proceeds to arbitration of court without having first attempted to mediate the dispute, that party risks losing the right to recover attorney fees and costs even if he or she prevails. 49. ARBITRATION: Buyer and Seller are advised that arbitration is a process by which the disputing parties hire a neutral person to render a binding decision. Generally, arbitration is faster and less expensive than resolving disputes by litigating in court. The rules are usually less formal than in court, and it is a private process not a matter of public record By agreeing to arbitration, the parties give up the right to a jury Vial and to appeal the arbitrator's decision. Arbitration decisions have been upheld even when arbitrators have made a mistake as to the law or the facts. If the parties agree to arbitration, then after first attempting to settle the dispute through mediation, any dispute arising out of their agreement (with a few limited exceptions) must be submitted to binding arbitration. Buyer and Seller must weigh the benefits of a potentially quicker and less expensive arbitration against giving up the right to a jury trial and the right to appeal. Brokers cannot give legal advice regarding these matters. Buyers and Sellers must decide on their own, or with the advice of legal counsel, whether to agree to arbitration. Brokers do not have expertise in this area. 50. MEGAN'S LAW DATABASE DISCLOSURE: Notice: Pursuant to Section 290.46 of the Penal Code, information about specific registered sex offenders is made available to the public via an Internet Web site maintained by the Department Of Justice at www.meganslaw.ca.gov. Depending on an offender's criminal history, this information will include either the address at which the offender resides or the community of residence and ZIP Code in which he or she resides. (Neither Seller nor Brokers are required to check this website if Buyer wants further information, Broker recommends that Buyer obtain information from this website during Buyer's inspection contingency period. Brokers do not have expertise in this area.) 51. DEATH ON THE PROPERTY: California Civil Code Section 1710.2 protects a seller from: (i) failing to disclose a death on the property that occurred more than 3 years before a buyer has made an offer on a property; and (ii) failing to disclose if an occupant of a property was afflicted with HIV/AIDS, regardless of whether a death occurred or if so, when. Section 1710.2 does not protect a seller from making a misrepresentation in response to a direct inquiry. If the Buyer has any concerns about whether a death occurred on the Property or the manner, location, details or timing of a death, the buyer should direct any specific questions to the Seller in writing. 52. LOCAL ADDENDA (IF CHECKED): The following local disclosures or addenda are attached: A. B. 0 09 &ryrr's Initials ( r 1 Sellefs Initials v r SBSA REVISED 11/13 (PAGE 11 OF 12) Reviewed by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE it OF 12) nvv Piodi w ayFunN br tong, IE070 Fite U" ROM Fr W W ch.W 49on H 9un�r� DocuSlgn Envelope 10: C93EDBF4-BF4CA252-Bg28-B55164DC885E Property Address:6036 Stafford Ave. , Huntington Park, CA 90058 Date: September 1, 2015 Buyer and Seller acknowledge and agree that Brokers: (i) do not decide what price Buyer should pay or Seller should accept; (it) do not guarantee the condition of the Property; (iii) do not guarantee the performance, adequacy or completeness of inspections, services, products or repairs provided or made by Seller or others; (iv) do not have any obligation to conduct an inspection of common areas or areas off the site of the Property (v) shall not be responsible for identifying defects on the Property, in common areas, or offsite unless such defects are visually observable by an inspection of reasonably accessible areas of the Property or are known to Brokers; (vi) shall not be responsible for inspecting public records or permits concerning the title Or use of Property; (vii) shall not be responsible for identifying the location of boundary lines or other items affecting title; (viii) shall not be responsible for verifying square footage, representations of others or information contained in investigation reports, Multiple Listing Service. advertisements, flyers or other promotional material; (ix) shall not be responsible for providing legal or tax advice regarding any aspect of a transaction entered into by Buyer or Seller; and (x) shall not be responsible for providing other advice or information that exceeds the knowledge, education and experience required to perform real estate licensed activity. Buyer and Seller agree to seek legal, tax, insurance, title and other desired assistance from appropriate professionals Buyer and Seiler are encouraged to read this Advisory carefully. By signing below, Buyer and Seller acknowledge that eact 87vled;"gnderstands and received a copy of this Advisory. UYER B2/9/2016 OeseNAe F.,IaE' Date BUYER Date (Address) F"161tt"d bySELLER AS61A, T4920F"CasE SELLER (Address) 0—vo-d by Re DyflEF �tjfjBwker(SellingFor EDF52rotesr�aFE Address 9155 Telegraph TelephoMN_572-8592 Century 21 Allstars Road Second floor Fax Real E Byl5kelyL4�ing,Firm) Century 21 Allstars i, BY �� G�.:�r►✓✓ Lu SanF�a7r Address 9155 1'e199raph Rd. 2nd Floor Telephone (562)863-2121 Fax Vernon City Data /8/2016 Date Cal BRE Lic. 4 G(nbq 6 S Cal BRE Lic.B 01779266 Date City Pico Rivera State C2iip Email Cal BRIE Lic. p 01280965 Cal BRIE LicA 1226461 Date2/9/2016 City Pico Rivera Stale CA Zip 90660 Email 0:004-2013, CdHorraa Association of REALTORS&. frc U,.Md States cotrynghl law (rib 17 U S. Codes larblds that unaumunzed Wstr t— display aM M x duG� a INs loan. or any Pardon It--&, by photocopy machine s any oe_ meara inch mV lacsimle w comptAtmed formats I HIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS* (C A. R.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. wThis form Is made avaNable 10 real estate Prolesslortals IMough an agreement t+nth a Purchase hdn the Cabloma Association of REALTORS® it is roi me dbd to,4wbly • user as a REALTORS, REALTORS is a registered coeective mernbwstvp mark whkh may be used mty by members of the NATIONAL ASSOCIATION OF REALTORSS ho stbacribe 10 Ks Code el Eli — Published aM 13USI by BUSI REAL ESTATE NESES S SERVICES, INC a wbsidiary of Oro CaYloma Assacmjiw 1 REALTORSA Id 525 souN vegd Arerwe, t os aVOICEngeks,Cal.lortsa soo2B SBSA REVISED 11/17 (PAGE 12 OF 1Reviewed by Date2) STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 12 OF 12) o.,M produced vnh ApFermA by t10Leelr tsdfe Fdhan laaa Read. F-, MkNj..4ssa4 eooeI110Lpala,sQm N74 Sranud FANHD Residential Property Disclosure Reports Natural Hazard Disclosure (NHD) Report Natural Hazard Drsd Frsraosores' ts n For LOS ANGELES County Property Address: 6036 STAFFORD AV APN: 6320-010-272 HUNTINGTON PARK, LOS ANGELES COUNTY, CA 90255 Report Dab: 01/27/2016 ("P Y") Report Number. 11323935 Statutory Natural Hazard Disclosure ("NHD") Statement and Acknowledgment of Receipt The translator and his or her agent(s) or a Bdrdi" consultant disclose the following tntormaion wrlh the knoMAadge that even though this is not a warranty, prospeetlw trareferess may rely on Oft k farnullon in deaf 0 9 whether and on what forms to purchase the Property Tranaferm herby au twom ary agerd(s) reprsentkg any principal(s) in this action to provide a copy of We statement 10 any parson or entity in connection with any aekrl or anticipated sale of the Propany. The following are rPrsentatlae made by the trmhror and his or her agerd(s) based on tlak knowledge slid maps drawn by the State. This information is a dsdosurs end Is not Intended to be part of any cm hV between the tranafene and Ilne trarrhror THIS REAL PROPERTY LIES WITHIN THE FOLLOWING HAZARDOUS AREA(S): A SPECIAL FLOOD HAZARD AREA (Any" Zara "A' or V) designated by the Facial Emergency Management Agency Yas No-& Do not know and kHarrrallon not awdlable from local J adiction _ AN AREA OF POTENTIAL FLOODING shown on a dam failure kandaion nap pursuant to Section 8589 5 of the Government Code. Y-JL No_ Do lint know and kdarmation not available hen local )uriadktbn_ A VERY HIGH FIRE HAZARD SEVERITY ZONE pursuant to Sedon 51178 or 51179 of 8a Government Code The owner of Adds Property is subject to tha maintenance requlrenrMs of Sedion 51152 of the Government Code. Yak_ NOX A WILDLAND AREA THAT MAY CONTAIN SUBSTANTIAL FOREST FIRE RISK AND HAZARDS pursuant Io Sedicn 4125 of the Public Resources Code. The owner of this Property is sub)W to dw maintenance mqudretnents of Sedan 42g1 of the Public Resourcse Code, Ad"Onalt, It Is not the a1Me's responsibility to provide fire protection services to any balding at struelu s located within the wldlarMs unless the DepanIr en of Forestry and Fir Protection has entered into a cooperative agreemard with a local agency for those purposes pursuant to Section 4142 of the Public Resources Code. Yes NO.& AN EARTHQUAKE FAULT ZONE pursuant to Section 28Y2 of the Public Resources Cade. Yes_ No-& A SEISMIC HAZARD ZONE pursuant to Sedan 2898 of the Public Resources Code. Yes (Landslide Zane)_ Yes (Liquefaction Zone)JL No_ Map not yet released by state_ THESE HAZARDS MAY LIMIT YOIIi ABILITY TO DEVELOP THE REAL PROPERTY, TO OBTAIN INSURANCE. OR TO RECEIVE ASSISTANCE AFTER A DISASTER THE MAPS ON WHICH THESE DISCLOSURES ARE BASED ESTIMATE WHERE NATURAL HAZARDS EXIST. THEY ARE NOT DEFINITIVE WHETHER OR NOT a PROPERTY WILL BE AFFECTED By A NATURAL. DISASTER. TRANSFEREE(S) AND TRANSFEROR(S) MAY WISH TO M �� NAL ADVICE REGARDING THOSE �Ag ate() OTHER HAZARDS THAT MAY AFFECT THE PROPERTY. k / L/iS2//190/2 ."Sign�— 016 signal". of slur of gen 3591C915AEAA437 S— Trnslaror(s) and their agents) represent that the informaion herein Is true and corned to the best of their knowledge as of Be date SOW by the traralaror(s) and agere(s). ® Transfsror(s) and their agents) admowledye Il l Bay have exercised good halm In the selection of a Ihirdparty report provider as required in CM Cade Section 1103.7. and that the reprevenWlara made h this Natural Hazard Disclosure Statament are based upon kdamatlon provided by the independent third -party disclosure provider as a substlhrfod disclosure pursuant to Civil Cade Section 1103.4. Neilfw transhror(s) nor Bair ega l(s) (1) hes Independently vertled tie inlonnallon contained In this statement and Report or (2) Is personally awe of any wrote or Inaearacies in the information on the statement. This statement was prepared by the provider below. Third -Party Disclosure Provider(s) FEW AMERICAN PROFESSIONAL REAL ESTATE SMICEe INC-ATING T► Date 27 January 2016 THROUGH ITS FAhhi�D DM1" 1plw pte Est he or she he mad and understands this doeumerd Pursuant 10 CrvY Code Sedlan 1103.8. the representations in Ede Natural Heard d n don41 eonstllu0e al d Ea trsrehra fypy aaauMa�sclo. obligations in the trarmdiom �—of Transfe"s)i-9 A. AddlYonal Property-spsclllc StaWmry Diadower Former Military Ordnance Site. CornmerdaNndueld f Use Zorn, Airport kuluerm Aril, Airport Noise. San Francisco Day Conservation and DevMopmrernt District Jurisuielon (in S F. Bay counties only) California Energy Commisalon Duet Sealing Requirernent. Notice of Statewide Right to Farm Notloe of Mining Operations. Sax OEender Dabbase (MegaWs Law). Gas and Hazardous Liquid Transmission Pipeline Datebm a. Additional County and City Regdslory Datentninatlons as applicable: Akpoms. Avalanche. Blow Sand. Coastal Zone. Danylaves Fatiure Inuridabom Debris Flow. Erosion. Flood, Fault Zone, Fire, GmundenW, Land", LqushcOon, MOMS Gas. Mines, Naturally Occur*V Asbeslos. Redeveloprnerd Area. Right to Farm. Runoff Are& Seiehe. Sehnde Shelling. Sefondc Grand Fall rs. Slopa StabBly. Soil SiWBty. Subsidence. TRPA. Tsunami. C. Genual advisories: McEpmpheter ins Conlonknslon. Mold. Radom, Endangered Species Ad. Abandoned Mires, 018 Gas Wets, Tkuand Mops (coaaW only). 0. Additional Raw - Enclosed E ordered: (1) PROPERTY TAX REPORT (Includes SMe-required Nodees of Melb.Rooe and 1915 Bond Ad Aseesfinents, and Nodes of Supplemental Proerty pTiter BB. (2) ENVIRONMENTAL SCREENING REPORT (disdoses Transmission Pip &W. Contamnafod Sites and 01 LA Gas WnllsJ Enclosed Eapplicable LOW Addends. E. Government Guides in Com— I Booklet with Report. Rahn to Booklet- 11) ENVIRONMENTAL HAZARDS: 'A Guide for flomeoemers. Buyer. Landlords and Termle. (2) EARTHQUAKE SAFETY, 'The Homeowners Guide To Eatiingwke Sahly and induded'RESDENTIAL EARTHQUAKE HAZARDS REPORT FORM". (3) LEAD41ASED PAINT: 'Ported Your Family From Lead In Your Home' p) BRIEF GLIDE TO MOLD, MOISTURE AND YOUR HOME, (S) WHAT IS YOUR HOME ENERGY RATING? Goverrrnent Guides are also are I " on ill CompwWs 'Eledford6 BOabhNd' at h e //www danhd. ;4016 First Amer can Real Estate D sclosures LLC - 20 Commerce. Seine t00 Inane CA 92602 Phone (800 527-0027 Fax (800t 854-9625 Pape 3 ol'48 EXHIBIT C DocuSign Envelope 10. D19D1E21.46FE4C6D-A911-A265EB7F426B Ue. SURE 9220,w RAMfiU (, 4t.1MUHU.t CA 910 CQ m 730 Omcs: (909) 256-2S61 FAx (909)256-2595 ESCROW INC. WWW.rAAkrmtocsc sow ant SELLER'S CLOSING STATEMENT Estimated Escrow Number: 13852-ME Title Order Number: O-SA-5048974 Escrow OMeer: Maricela Espinoza Date: 02/18/2016 - 9.55 58AM Closing Date: 02/12/2016 Disbursement Date: Loan Number: 400141469 Buyer/Darrower: Jonny Sanchez Seller: City Vernon City, a Municipal Corporation Property: 6036 Slafford Avenue, Huntington Patk, CA 90255 DESCRIPTION DEBITS CREDITS TOTAL CONSIDERATION 398,D00 00 PRORAT IONS/ADJ USTM ENTS: Property Tax (a 1,406.41 per 6 month(s) 1/01/2016 to 2/22/2016 40073 COMMISSIONS): Listing Broker: Century 21 Allstars 9,950,00 Selling Broker: Century 21 Allstars 9,950.00 TITLE CHARGES Owner's Premium for 398,000.00: First American Title Company 1358.00 County Transfer Tax: First American Title Company 437.80 Ivlessen er/Ovemi ht Fee: First American Title Company 75.00 Wire/Express: First American Title Company 50.00 Dced Recording Fee: First American Title Company 75.00 Subescrow: First American Title Company 67.50 Recording Service Fee: First American Title Company low ESCROW CHARGES TO: Parkfield Escrow Inc. Settlement Agent Fee 1.24500 Messenger Fee 7500 Wire Fee 50 00 Archive Fee 50.00 Document Pr oration Fee 12S 00 TAXES: Property Tax tst Half Taxes 2015.2016 to: Los Angeles County Tax Collector #6320-010-272 1.547.05 ADDITIONAL DISBURSEMENTS: Home Owner's Warranty: Old Republic Home Protection 440.0011 Natural Hazard Report Fee: First American NHD 99.95 BALANCE DUE YOU 371,993.97 TOTALS 398,t3(I0.00 398,000.00 City Vernon City, a Municipal Corporation a«vs�a�,w w: A.. U 119WFcYfm City, Administrator 'This is a summary of the Closing transaction prepared by Park field Escrow Inc This is not a governmental disclosure DocuSign Envelope ID: D19DlE2I 48FE-4C6I)-A911-A285EB7F426B 12631 E IbIPERiAL HWY A-213 U/V![f( VGVW SANTA FE SPRINGS, CA 90670 (� OFFICE: (949) 954-6571 FAx:(949)954-6575 ESCROW INC. WWW PARKFIELDESCROW.CObI NEW FUNANUNG AMENDMENT Date February 18, 2016 F_acruw No.: 13852-ME Re: 6076 Stafford Avenue, Huntington Park, CA 90255 TO: Parklield Escrow, Inc. - Marieela Espinaea My previous instructions in the above numbered escrow are hereby modified - supplemented in the following particulars only Buyer has qualified for a new fruit Deed loan in favor of Loandepot.com, Llc DBA [mortgage, in the principal amount of S378,100.00, with a rate of C6250 % per annum for a loan term of months, per Lender's documents to be placed in escrow Burrower's execution of Lender's documents shell deem their approval of all tenns and conditions contained therein All other terms and conditions of this escrow shall remain the same. All parties signing this instruction acknowledge receipt of a copy of same. SELLER: City Vernon City, a Municipal Corporation �0acuapn�d ny: fly: .1061M intCity,Administrator--_— BUYER: tnunv 'vorl�er -- TRANSMITTAL CO ICATION CITY CLERK'S OFFICE INTEROFFICE MEMORANDUM DATE: March 8, 2016 TO: Kristen Enomoto, Deputy City Administrator A.J. Wilson, Interim City Administrator FROM: Deborah Juarez, Records Management Assistant j RE: Resolution No. 2016-10 — A Resolution of the City ouncil of the City of Vernon Approving and Authorizing the Execution of a California Residential Purchase Agreement and Joint Escrow Instructions, and All Related Documents, with Johnny Sanchez for the Real Property Located at 6036 Stafford Avenue, Huntington Park, CA 90255 Transmitted herewith is a copy of Resolution No. 2016-10 referenced above, which was approved by City Council on March 1, 2016. Thank you. Attachment c: Resolution No. 2016-10 STAFF REPORT W=CEIVED FEB 2 4 2016 CITY CLERK'S OFFICE STAFF REPORT CITY ADMINISTRATION DATE: March 1, 2016 TO: Honorable Mayor and City Council FROM: AJ Wilson, Interim City Administrator Originator: Kristen Enomoto, Deputy City Administra o RE: Approval of a California Residential Purchase Agreement and Joint Escrow Instructions, and All Related Documents, for the City of Vernon Owned Property Located at 6036 Stafford Avenue, Huntington Park, CA 90255 Recommendation A. Find that approval of the proposed resolution is exempt from the California Environmental Quality Act ("CEQA"), in accordance with CEQA Guidelines § 15061(b)(3), the general rule that CEQA only applies to projects that may have a significant effect on the environment; and B. Adopt the attached resolution approving a California Residential Purchase Agreement and Joint Escrow Instructions, and all related documents, with Jonny Sanchez for the real property located at 6036 Stafford Avenue, Huntington Park, CA 90255. Background The City of Vernon owns three single-family residential properties on Stafford Avenue in Huntington Park, including 6036 Stafford Avenue. On or around September 4, 2015, based on a recommendation by the Vernon Housing Commission and authorization from the Vernon City Council, the three homes were listed for sale. Each home was listed at $398,000, a price determined through a qualified, independent appraisal. The listing agent for all three properties, including 6036 Stafford, is Luther Sanchez of Century 21 Allstars, who was selected through a competitive Request for Proposals ("RFP") process. Since listing the property, along with professional photos, on the Multiple Listing Service ("MLS"), Mr. Sanchez has marketed the property extensively in an effort to obtain the highest and best offer possible. Said marketing efforts include a "For Sale" sign that has remained in the yard since listing the property, open houses every weekend (usually both Saturday and Sunday), exclusive property websites (http://www.century2l.com/property/6036-stafford-ave-huntin on- park-ca-90255-C2124042472 and http://Iuthersanchez.com/listings/6036-stafford-avenue- Page 1 of 2 huntin tg on-park-ca-90255/), a lockbox setup to allow showings at any time, syndication to over 250 websites, direct emails to numerous realtors in the surrounding areas, postings on social media sites, distribution of a property flyer within a half -mile radius, and direct calls and visits to the surrounding properties and businesses. Approximately 50 interested parties have visited the property since it was listed for sale. Based on direction and authority received from the City Council, the City Administrator, on behalf of the City ("Seller"), entered into a California Residential Purchase Agreement and Joint Escrow Instructions ("Agreement") with Jonny Sanchez ("Buyer") for the real property located at 6036 Stafford Avenue, Huntington Park, CA 90255. Key Terms of the Agreement 1. Purchase Price: $398,000 (full list price determined by appraisal) 2. Initial Deposit: $5,000 3. Financing Type: Conventional 4. Seller Cost for Buyer Roof Repairs: $900 5. Seller Cost for Home Warranty: $450 (to include air conditioner) 6. Services (Title, Escrow, Etc.): Seller's Choice 7. Close of Escrow: No later than March 11, 2016, if approved by City Council on March 1, 2016 (no later than 10 days following final City Council approval) As of February 9, 2016, all buyer contingencies have been removed. Fiscal Impact Based on the current terms of the Agreement, less commissions and fees, the City expects to receive approximately $372,000 in net proceeds from the sale of this property. Attachment(s) 1. Resolution Approving the Sale of Real Property at 6036 Stafford Avenue in Huntington Park Page 2 of 2 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE EXECUTION OF A CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT AND JOINT ESCROW INSTRUCTIONS, AND ALL RELATED DOCUMENTS, WITH JONNY SANCHEZ FOR THE REAL PROPERTY LOCATED AT 6036 STAFFORD AVENUE, HUNTINGTON PARK, CA 90255 WHEREAS, on September 1, 2015, the City Council of the City of Vernon adopted Resolution No. 2015-60, a services agreement by and between the City of Vernon and Century 21 Allstars and Luther Sanchez to serve as the City's real estate agent for the sale of three residential properties owned by the City; and WHEREAS, on October 6, 2015, the City Council authorized the City Administrator to, under the advice and guidance of the City's real estate agent, negotiate specific terms and execute any documents related to the sale of the properties on behalf of the City; and WHEREAS, by memorandum dated March 1, 2016, the Interim City Administrator has recommended the approval of California Residential Purchase Agreement and Joint Escrow Instructions, and all related documents (the "Agreement"), with Jonny Sanchez for the real property located at 6036 Stafford Avenue, Huntington Park, CA 90255; and WHEREAS, the City Council of the City of Vernon desires to approve the Agreement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: The City Council of the City of Vernon hereby finds and determines that the above recitals are true and correct. SECTION 2: The City Council of the City of Vernon finds that this action is exempt under the California Environmental Quality Act (CEQA), in accordance with Section 15061(b)(3), the general rule that CEQA only applies to projects that may have an effect on the environment. SECTION 3: The City Council of the City of Vernon hereby approves and authorizes the execution of (i) a California Residential Purchase Agreement and Joint Escrow Instructions, a copy of which is attached hereto as Exhibit A, (ii) all related documents, copies of which are attached as Exhibit B, and (iii) the Seller's Closing Statement, a copy of which is attached here to as Exhibit C, with Jonny Sanchez for the real property located at 6036 Stafford Avenue, Huntington Park, CA 90255. SECTION 4: The City Council of the City of Vernon hereby instructs the City Administrator, or his designee, to take whatever actions are deemed necessary or desirable for the purpose of implementing and carrying out the purposes of this Resolution and the transactions herein approved or authorized, including but not limited to, any non -substantive changes to the Agreement attached herein. SECTION 5: The City Council of the City of Vernon hereby directs the City Clerk, or the Deputy City Clerk, to send a fully executed Agreement to Jonny Sanchez. - 2 - SECTION 6: The City Clerk, or Deputy City Clerk, of the City of Vernon shall certify to the passage, approval and adoption of this resolution, and the City Clerk, or Deputy City Clerk, of the City of Vernon shall cause this resolution and the City Clerk's, or Deputy City Clerk's, certification to be entered in the File of Resolutions of the Council of this City. APPROVED AND ADOPTED this 1st day of March, 2016. ATTEST: City Clerk / Deputy City Clerk APPROVED AS TO FORM: 1-6�' �' &,-,/ Brian Vyun, Dep y City Attorney Name: Title: Mayor / Mayor Pro-Tem - 3 - STATE OF CALIFORNIA COUNTY OF LOS ANGELES I, ss , City Clerk / Deputy City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. , was duly passed, approved and adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Tuesday, March 1, 2016, and thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of Vernon. Executed this day of March, 2016, at Vernon, California. (SEAL) City Clerk / Deputy City Clerk - 4 - EXHIBIT A CALIFORNIA CALIFORNIA A S S O C I A T 10 N RESIDENTIAL PURCHASE AGREEMENT •�►�. OF R E A L T O R S AND JOINT ESCROW INSTRUCTIONS (C A.R. Form RPA-CA, Revised IVIS ) Date Prepared: 0112012016 1. OFFER: A. THIS IS AN OFFER FROM JONNYSANCNEZ ("Buyer). S. THE REAL PROPERTY to be acquired is $036 STAFFORD AVE HUNTINGTON PARK CA 90235 situated in HUNTINGTONPARK (City), (County), California 02Ss (Zip Code). Assessors Parcel No 9320010212 (•Property`} C. THE PURCHASE PRICE offered is Three Hundred NMet1r ftht Thousand Dollars $ 396 000.00 D. CLOSE OF ESCROW shalt occur o (date)(aq 30 Days After Acceptance). E. Buyer and Seller are referred to herein as the 'Parties' Brokers are not Parties to this Agreement 2. AGENCY: A. DISCLOSURE: The Parties each acknowledge receipt of a X Disclosure Regarding Real Estate Agency Relationships (CAR. Form AD). B. CONFIRMATION: The following agency relationships are hereby confirmed for this transaction Listing Agent CENTURY21 ALLSTARS (Print Firm Name) is the agent of (check one) +X the Seller exclusively, or both the Buyer and Seller. Selling Agent CEWTURY21 ALLSTARS (Print Fern Name) (if not the same as the Listing Agent) is the agent of (check or* the Buyer exclusively; qr the Seger exclusively: Jr both the Buyer and Seger C. POTENTIALLY COMPETING BUYERS AND SELLERS: The Parties each acmowledge recapt of a I 'Passibto Representation of More than One Buyer or Seger - Disclosure and Consent (C.A.R. Form PRBS). 3. FINANCE TERMS: Buyer represents that funds will be good when deposited with Escrow Holder. A. INITIAL DEPOSIT. Deposit shall be in the amount of . . .. .. S 3000.00 (1) Buyer Direct Deposit: Buyer shall deliver deposit directly to Escrow Holder by electronic funds transfer, cashiers check personal check, other within 3 business days after Acceptance (or ); OR (2) Buyer Deposit with Agent: Buyer has given the deposit by personal check (or ) to the agent submitting the offer (or to ), made payable to . The deposit shag be held uncashed until Acceptance and then deposited with Escrow Holder within 3 business days after Acceptance (or ) Deposit checks given to agent shag be an original signed check and not a copy. (Note: Initial and increased deposits checks received by agent shag be recorded in Brokers trust fund log.) B. INCREASED DEPOSIT: Buyer shall deposit with Escrow Holder an increased deposit in the amount of within Days After Acceptance (or ) If the Parties agree to liquidated damages in this Agreement, they also agree to incorporate the increased deposit into the liquidated damages amount in a separate liquidated damages clause (CAR. Form RID) at the time the increased deposit is delivered to Escrow Holder, C. ALL CASH OFFER: No loan is needed to purchase the Property. This offer is NOT contingent on Buyer obtaining a loan. Written verification of sufficient funds to close this transaction IS ATTACHED to this offer or Buyer shall, within 3 (or ) Days After Acceptance, Deliver to Seller such verification. D. LOAN(S): (1) FIRST LOAN: in the amount of .......................................................... $ 378100 00 This loan will be conventional financing or FHA, VA. Seller financing (C.A.R. Form SFA), assumed Financing (C.A.R. Form AFA), Other . This loan shall be at a fixed rate not to exceed % or, an adjustable rate loan with initial rate not to exceed %. Regardless of the type of loan, Buyer shall pay points not to exceed % of the loan amount. (2) SECOND LOAN in the amount at ....................................................... S This loan will be conventional financing or Seller financing (CAR. Form SFA), assumed financing (C.A.R. Form AFA), Other . This loan shall be at a fixed rate not to exceed a% or, an adjustable rate loan with initial rate not to exceed %. Regardless of the type of loan. Buyer shall pay points not to exceed e% of the loan amount. (3) FHANA: For any FHA or VA loan specified in 30(1). Buyer has 17 (or ) Days After Acceptance to Deliver to Seller written notice (CAR. Form FVA) of any lender -required repairs or costs that Buyer requests Seller to pay for or otherwise correct. Seger has no obligation to pay or satisfy lender requirements unless agreed in writing. A FHA/VA amendatory clause (C.A.R. Form FVAC) shall be a part of this Agreement E. ADDITIONAL FINANCING TERMS: F. BALANCE OF DOWN PAYMENT OR PURCHASE PRICE in the amount of . ............ $ 161900.00 to be deposited with Escrow Holder pursuant to Escrow Holder instructions G. PURCH &RICE (TOTAL) ............................ ..... ........ S its 000.00 ---1 o//s Buyers Initials ( ) Sellers Initial { U(, ) ( ) 2 7� O 1991-2015. Caliromfa Association or REALTORSO. Inc. RPA-CA REVISED 12115 (PAGE 1 OF 10) CAUFORNIA RESIDENTIAL -PURCHASE AGREEME T RPA-CA PAGE 1 OF 10 Centery 21 Allsters 9155 TdepgA Rd Nra Mae. CA IBM Pine (Sf21M.alf2 Fax unfilled Martin Robles Radped wM Worm* by z*Lopw 1 atiyo FMNn Ude Read Freer @I.-chmm 4e= eneeiioLmo<ram Property Address. 6036 STAFFORD AVE HUNTING TON PARK CA 9026S Date: January 20, 2016 H. VERIFICATION OF DOWN PAYMENT AND CLOSING COSTS: Buyer (or Buyer's lender or loan broker pursuant to paragraph 3J(1)) shall, within 3 (or ) Days After Acceptance, Deliver to Seller written verification of Buyer's down payment and closing costs, ( Verification attached.) I. APPRAISAL CONTINGENCY AND REMOVAL: This Agreement is (or is NOT) contingent upon a written appraisal of the Property by a licensed or certified appraiser at no less than the purchase price. Buyer shalt, as specified in paragraph 148(3) in writing, remove the appraisal contingency or cancel this Agreement within 17 (or ) Days After Acceptance. J. LOAN TERMS: (1) LOAN APPLICATIONS: Within 3 (or ) Days After Acceptance, Buyer shall Deliver to Seller a letter from Buyer's lender or loan broker stating that, based on a review of Buyers written application and credit report, Buyer is prequafified or preapproved for any NEW loan specified in paragraph 30. If any loan specified in paragraph 3D is an adjustable rate loan, the prequalification or preapproval letter shall be based on the qualifying rate, not the initial loan rate. ( Letter attached.) (2) LOAN CONTINGENCY: Buyer shall act diligently and in good faith to obtain the designated loan(s). Buyers qualification for the loan(s) specified above is a contingency of this Agreement unless otherwise agreed in writing. If there is no appraisal contingency or the appraisal contingency has been waived or removed, then failure of the Property to appraise at the purchase price does not For the specified loran. Buyerto contractual obligations regardiexercise the cancellation right ng depositsuaint ` bal ance nce of dowloan n payment and closing costs ency if Buyer is otherwise qualified not contingencies of this Agreement. (3) LOAN CONTINGENCY REMOVAL: shag, as specified in paragraph 14, in writing, remove the loan contingency Wihin 21 (or )Days After Acceptance, Buyer shaor cancel this Agreement. If there is an appraisal contingency, removal of the loan contingency shall not be deemed remova appraisal contingency. l of the (4) NO LOAN CONTINGENCY: Obtaining any ban specified above is NOT a contingency of this Agreement. If Buyer does not obtain the loan and as a result does not purchase the Property, Seller may be entitled to Buyers deposit or other legal remedies. (5) LENDER LIMITS ON BUYER CREDITS: Any credit to Buyer, from any source, for closing or other costs that is agreed to by the Parties ('Contractual Credit') shall be disclosed to Buyers lender. If the total credit allowed by Buyers lender ("Lender Allowable Credit') is less than the Contractual Credit, then W the Contractual Credit shall be reduced to the Lender Allowable Credit, and (ii) in the absence of a separate written agreement between the Parties, there shall be no automatic adjustment to the purchase price to make up for the difference between the Contractual Credit and the Lender Allowable Credit. K. BUYER STATED FINANCING: Seller is relying on Buyers representation of the type of financing specified (including but not limited to, as applicable, all cash, amount of down payment, or contingent or non -contingent loan). Seller has agreed to a specific closing date, purchase price and to sell to Buyer in reliance on Buyers covenant concerning financing. Buyer shall pursue the financing spedfied in this Agreement. Seller has no obligation to cooperate with Buyers efforts to obtain any financing other than that specified in the Agreement and the availability of any such alternate financing does not excuse Buyer from the obligation to purchase the Property and close escrow as specified in this Agreement. 4. SALE OF BUYER'S PROPERTY: A. This Agreement and Buyers ability to obtain financing are NOT contingent upon the sale of any property owned by Buyer. OR B. This Agreement and Buyers ability to obtain financing are contingent upon the sale of property owned by Buyer as specified in the attached addendum (C.A.R. Form COP). S. ADDENDA AND ADVISORIES: A. ADDENDA: Addendum 9 A.R. Form ADM) Back Up Offer Addendum IC.A.R. Form BUO) Court Confirmation Addendum(C.A.R. Form CCAj Septic Welt and P[2E_ Monument Addendum (C.A.R. Form SWPI) Short Sale Addendum (CAR. Form SSA) Other B. BUYER AND SELLER ADVISOR}ES: By ers in action AdvisoryIC.A.R. Form B1A1 _ Probate Advisory (CA.R. Fomt PA) Statewide Buyer and_Seller Advi�L.A.R. Form SBSA) Trust Advisory (C.A.R. Form TAB REO Advisory C.A.R. Form REO) Short Sale Information and Adv_ isory C( A.R. Form SSIA� Other 3. OTHER TERMS: SELLER TO PROWDE TERMITE REPORT AND COMPLETION 7. ALLOCATION OF COSTS A. INSPECTIONS, REPORTS AND CERTIFICATES: Unless otherwise agreed in writing, this paragraph only determines who is to pay for the inspection, test, certificate or service ("Report') mentioned: it does not determine, who is to pay for any work recommended or Identified in the Report. (1) Buyer X Seller shall pay for a natural hazard zone disclosure report, including tax environmental Other prepared by First American Natural Hazard Diselosun (2) X Buyer Seller shah pay for the following Report HOME INSPEC77ON AND APPRAISAL REPORT repered b (3) in Buyer Seller shag pay for the following Report Pre Sale inspection from Huntington Park reportand clearance prepared Buyer's Initials (' ) Hit Se1Nr's Initials) ( I RPA-CA REVISED 12/15 (PAGE 2 OF 10) .., CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 2 OF 10) P-,A-tedasef famA nP by apLaq • taDTt7 Rftaen fY M Road frier Mch qan I!lOZ6 eww s� lyru. �,.,, UaitlN Property Address. 6036 STAFFORD AVE HUNTINGTON PARK CA 902SS Date: January 20, 2016 B. GOVERNMENT REQUIREMENTS AND RETROFIT: (1) Buyer Seger shall pay for smoke alarm and carbon monoxide device installation and water heater bracing, if required by Law. Prior to Close Of Escrow ("COEJ. Seller shall provide Buyer written statement(s) of compliance in accordance with state and local Law, unless Seller is exempt. (2) (i) Buyer k Seller shall pay the cost of compliance with any other minimum mandatory government inspections and reports if required as a condition of closing escrow under any Law. (ii) -'Buyer Z( Seller shall pay the cost of compliance with any other minimum mandatory government retrofit standards required as a condition of closing escrow under any Law, whether the work is required to be completed before or after COE. (iii) Buyer shall be provided, within the time specified in paragraph 14A, a copy of any required government conducted or point -of -sale inspection report prepared pursuant to this Agreement or in anticipation of this sale of the Property. C. ESCROW AND TITLE: (1) (a) JX Buyer X Seller shall pay escrow fee EACH PAY THEIR OiNN (b) Escrow Holder shall be SELLERS CHOICE (c) The Parties shall, within 5 (or ) Days After receipt, sign and return Escrow Holder's general provisions. (2) (a) Buyer X Seger shall pay for owner's title insurance policy specified in paragraph 13E (b) Owners title policy to be issued by SELLERS CHOICE (Buyer shall pay for any title insurance policy insuring Buyers lender, unless otherwise agreed in writing ) D. OTHER COSTS: (1) Buyer J( Seller shall pay County transfer tax or fee (2) Buyer �V Seller shall pay City transfer tax or fee (3) Buyer Seller shall pay Homeowners' Association ("HOA") transfer fee (4) Seller shag pay HOA fees for preparing documents required to be delivered by Civil Code §4525. (6) Buyer Seller shall pay HOA fees for preparing all documents other than those required by Civil Code §4525 (6) Buyer to pay for any HOA certification fee. (7) Buyer Lj Seller shall pay for any private transfer fee (8) Buyer Seller shall pay for (9) X Buyer Seller shalt pay for Coordinator Commission fee to Century 21 Allstars $275.00 (10) Buyer Zf Seller shall pay for the cost, not to exceed $ 450.00 , of a standard (or upgraded) one-year home warranty plan, issued by Amorlcan Homo Shield , with the following optional coverages: Lf Air Conditioner Pool/Spa Other: Buyer is informed that home warranty plans have many optional coverages in addition to those listed above Buyer is advised to investigate these coverages to determine those that may be suitable for Buyer. OR Buyer waives the purchase of a home warranty plan. Nothing in this paragraph precludes Buyer's purchasing a home warranty plan during the term of this Agreement. S. ITEMS INCLUDED IN AND EXCLUDED FROM SALE: A. NOTE TO BUYER AND SELLER: Items listed as included or excluded in the MLS, flyers or marketing materials are not included in the purchase price or excluded from the sale unless specified in paragraph 8 B or C. B. ITEMS INCLUDED IN SALE: Except as otherwise specified or disclosed, (1) All EXISTING fixtures and fittings that are attached to the Property; (2) EXISTING electrical, mechanical, lighting, plumbing and heating fixtures, ceiling fans, fireplace inserts, gas logs and grates solar power systems, built-in appliances, window and door screens, awnings, shutters, window coverings, attached floor coverings, television antennas, satellite dishes, air coolers/conditioners, pool/spa equipment, garage door openers/remote controls, mailbox, in -ground landscaping, trees/shrubs, water features and fountains, water softeners, water purifiers, security systems/alarms and the following ff checked: all stove(s), except all refrigerators) except , all washer(s) and dryer(s), except ; (3) The following additional items: (4) Existing integrated phone and home automation systems, including necessary components such as intranet and Internet - connected hardware or devices, control units (other than non -dedicated mobile devices, electronics and computers) and applicable software, permissions, passwords, codes and access information, are ( are NOT) included in the sale. (5) LEASED OR LIENED ITEMS AND SYSTEMS: Seller shall, within the time specified in paragraph 14A, (i) disclose to Buyer if any item or system specified in paragraph 8B or otherwise included in the sale is leased, or not owned by Seller, or specifically subject to a lien or other encumbrance, and (ii) Deliver to Buyer all written materials (such as lease, warranty, etc.) concerning any such item. Buyers ability to assume any such lease, or willingness to accept the Property subject to any such lien or encumbrance, is a contingency in favor of Buyer and Seller as specified in paragraph 14B and C. (6) Seller represents that all items included in the purchase price, unless otherwise specified, (I) are owned by Seger and shall be transferred free and clear of liens and encumbrances, except the items and systems identified pursuant to 8B(5) and and (i) are transferred without Seger warranty regardless of value. C. ITEMS EXCLUDED FROM SALE: Unless otherwise specified, the following items are excluded from sale: n audio and video components (such as flat screen TVs, speakers and other items) if any such item is not itself attached to the Property, even if a bracket or other mechanism attached to the component or item is attached to the Property; (ii) furniture and other items secured to the Property for earthquake purposes, and (iii) os Brackets attached to walls, floors or ceilings fo ny such component, furniture or i s� th the Property (� will be removed and hales or other dama rs all be repaired, but not painted). Buyers Initials ( } Sellers initials (Ti } ( } RPA-CA REVISED 12115 (PAGE 3 OF 10) ll�� C? CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 3 OF 10)-� Pmdund m1h z0FOM A by zpLogu IK170 Fltwa We R ;ad F aw- Mch gm 4Wn Opr,nm w=ApUgm&= Untvki Property Address: 6036 STAFFORD AVE HUNTINGTON PARK CA 90255 Date: January 20, 2016 9. CLOSING AND POSSESSION: A. Buyer intends (or does not intend) to occupy the Property as Buyers primary residence. B. Seller -occupied or vacant property: Possession shall be delivered to Buyer (i) at 6 PM or ( AMA PM) on the date of Close Of Escrow; (if) no later than calendar days after Close Of Escrow; or (`n- at AM/ PM on C. Seller remaining In possession After Close Of Escrow: If Seller has the right to remain in possession after Close Of Escrow, (1) the Parties are advised to sign a separate occupancy agreement such as C.A.R. Form SIP, for Seller continued occupancy of less than 30 days C A.R Fort RLAS for Seller continued occupancy of 30 days or more, and (ii) the Parties are advised to consult with their insurance and legal advisors for information about liability and damage or injury to persons and personal and real property; and (ill) Buyer is advised to consult with Buyer's lender about the impact of Sellers occupancy on Buyers loan. 0. Tenant -occupied property: Property shall be vacant at least 6 (or ) Days Prior to Close Of Escrow, unless otherwise agreed in writing Note to Seller: If you are unable to deliver Property vacant in accordance with rent control and other applicable Law, you may be in breach of this Agreement. OR Tenant to remain in possession (C A.R. Form TIP), E. At Close Of Escrow Seller assigns to Buyer any assignable warranty rights for items included in the sale; and Seller shall Deliverto Buyer available Copies of any such warranties. Brokers cannot and will not determine the assignability of any warranties. F. At Close Of Escrow unless otherwise agreed In writing, Seller shall provide keys, passwords, codes and/or means to operate all locks, mailboxes. security systems, alarms, home automation systems and Intranet and Internet -connected devices included in the purchase price, and garage door openers. If the Property is a condominium or located in a common interest subdivision, Buyer may be required to pay a deposit to the Homeowners' Association ("HOA") to obtain keys to accessible HOA facilities. 10. STATUTORY AND OTHER DISCLOSURES (INCLUDING LEA0 BASED PAINT HAZARD DISCLOSURES) AND CANCELLATION RIGHTS: A. (1) Seller shall. within the time specified in paragraph 14A, Deliver to Buyer. (1) if required by Law, a fully completed Federal Lead - Based Paint Disclosures (C.A.R. Form FLD) and pamphlet (Lead Disclosures'); and (11) unless exempt, fully completed disclosures or notices required by sections 1102 et. seq. and 1103 et seq. of the Civil Code ('Statutory Disclosures"). Statutory Disclosures include, but are not limited to a Real Estate Transfer Disclosure Statement ('TDS"), Natural Hazard Disclosure Statement ("NHD"), notice or actual knowledge of release of illegal controlled substance, notice of special tax and/or assessments (or, if allowed, substantially equivalent notice regarding the Mello -Roos Community Facilities Act of 1982 and Improvement Bond Act of 1915) and, if Seller has actual knowledge, of industrial use and military ordnance location (C.A.R. Form SPQ or ESO). (2) Any Statutory Disclosure required by this paragraph is considered fully completed if Seiler has answered all questions and completed and signed the Seller section(s) and the Listing Agent, if any, has completed and signed the Listing Broker section(s), or, if applicable, an Agent Visual Inspection Disclosure (C.A.R. Form AVID). Nothing stated herein relieves a Buyers Broker, if any, from the obligation to (i) conduct a reasonably competent and diligent visual Inspection of the accessible areas of the Property and disclose, on Section IV of the TDS, or an AVID, material facts affecting the value or desirabirdy of the Property that were or should have been revealed by such an inspection or (ii) complete any sections on all disclosures required to be completed by Buyers Broker. (3) Note to Buyer and Seller. Waiver of Statutory and Lead Disclosures is prohibited by Law. (4) Within the time specified In paragraph 14A, (i) Seller, unless exempt from the obligation to provide a TDS, shall, complete and provide Buyer with a Seller Property Questionnaire (C.A.R. Form SPQ); (ii) if Seller is not required to provide a TDS, Seller shall complete and provide Buyer with an Exempt Seller Disclosure (C.A.R. Form ESD). (5) Buyer shall, within the time specified in paragraph 148(1), return Signed Copies of the Statutory, Lead and other disclosures to Seller. (6) In the event Seiler or Listing Broker, prior to Close Of Escrow, becomes aware of adverse conditions materially affecting the Properly, or any material inaccuracy in disclosures, information or representations previously provided to Buyer. Seller shall promptly provide a subsequent or amended disclosure or notice, in writing, covering those items. However, a subsequent or amended disclosure shall not be required for conditions and material inaccuracies of which Buyer is otherwise aware, or which are disclosed in reports provided to or obtained by Buyer or ordered and paid for by Buyer. (7) If any disclosure or notice specified in paragraph 10A(1), or subsequent or amended disclosure or notice is Delivered to Buyer after the offer is Signed, Buyer shall have the right to canal this Agreement within 3 Days After Delivery in person, or 6 Days After Delivery by deposit in the mail, by giving written notice of cancellation to Seller or Sellers agent. B. NATURAL AND ENVIRONMENTAL HAZARD DISCLOSURES AND OTHER BOOKLETS: Within the time specified in paragraph 14A, Seiler shall, if required by Law- (1) Deliver to Buyer earthquake guide(s) (and questionnaire), environmental hazards booklet, and home energy rating pamphlet; (if) disclose if the Property is located in a Special Flood Hazard Area; Potential Flooding (inundation) Area; Very High Fire Hazard Zone, State Fire Responsibility Area; Earthquake Fault Zone; and Seismic Hazard Zone; and (ill) disclose any other zone as required by Law and provide any other information required for those zones. C. WITHHOLDING TAXES: Within the time specified in paragraph 14A, to avoid required withholding, Seller shall Deliverto Buyer or qualified substitute, an affidavit sufficient to comply with federal (FIRPTA) and California withholding Law (C.A.R. Forth AS or QS). 0. MEGAWS LAW DATABASE DISCLOSURE: Notice: Pursuant to Section 290.46 of the Penal Code, information about specified registered sex offenders is made available to the public via an Internet Web site maintained by the Department of Justice at www.maganslaw.ca.gov. Depending on an offenders criminal history, this information will include either the address at which the offender resides or the community of residence and ZiP Code in which he or she resides. (Neither Seller nor Brokers are required to check this website. If Buyer wants further information. Broker recommends that Buyer obtain information from this website during Buyers inspection contingency period. Brokers do not have expertise in this area.) E. NOTICE REGARDING GAS AND HAZARDOUS LIQUID TRANSMISSION PIPELINES: This notice is being provided simply to inform you that information about the general location of gas and hazardous liquid transmission pipelines is available to the public via the National Pipeline Mapping System (NPMS) intemst Wieb site maintained by the United States Department of Transportation at httpJ/www.npms.phmsa.dotgov/. To seek further information about possible transmission pipelines near the Property, you may contact your local gas utility or other pipeline operators in the area Contact information for pipeline operators is searchable by ZiP Code and county on the NPMS Internet Web site. F. CONDOMINIUMIPLANNED DEVELOPMENT DISCLOSURES: (1) SELLER HAS: 7 (or ) Days After Acceptance to disclose to Buyer if the Property is a condominium or is located in a planned r other common interest subdivision (C.A.R Form SPQ or ESD). ` Ds Buyers Initials ( ) Sellers initials ( ) ( ) RPA-CA REV) E 4 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 4 OF 10) Pradupd w4h MWMMO by npLags 100-0 Faiaan 11A * R-ad Fraser MdWn 4W26 yww2xL=L= t VAIMA Property Address: 6036 STAFFORD AVE, HUN77NGTON PART( CA 90255 Date: January 20, 2016 (2) If the Property is a condominium or is located in a planned development or other common interest subdivision, Seller has 3 (or ) Days After Acceptance to request from the HOA (C.A.R. Form HOA1) (1) Copies of any documents required by Law, (ii) disclosure of any pending or anticipated claim or litigation by or against the HOA. (Ili) a statement containing the location and number of designated parking and storage spaces; (fv) Copies of the most recent 12 months of HOA minutes for regular and special meetings, and (v) the names and contact information of all HOAs governing the Property (collectively. 'CI Disclosures') (vi) private transfer fees, (vil) Pet fee restrictions; and (viii) smoking restrictions. Seller shall itemize and Deliver to Buyer all CI Disclosures received from the HOA and any Cl Disclosures in Setters possession. Buyer's approval of CI Disclosures is a contingency of this Agreement as specified in paragraph 14B(3). The Party specified in paragraph 7, as directed by escrow, shall deposit funds into escrow or direct to HOA or management company to pay for any of the above, 11. CONDITION OF PROPERTY: Unless otherwise agreed in writing. (1) the Property is sold (a) 'AS-iS' in its PRESENT physical condition as of the date of Acceptance and (b) subject to Buyers investigation rights; (if) the Property, including pool, spa landscaping and grounds, is to be maintained in substantially the same condition as on the date of Acceptance; and (iii) all debris and personal property not included in the sale shall be removed by Close Of Escrow. A. Seller shall, within the time specified in paragraph 14A, DISCLOSE KNOWN MATERIAL FACTS AND DEFECTS affecting the Property, including known insurance claims within the past five years, and make any and all other disclosures required by law. B. Buyer has the right to conduct Buyer Investigations of the Property and, as specified in paragraph 14B, based upon information discovered in those investigations: (i) cancel this Agreement; or (tt) request that Seller make Repairs or take other action. C. Buyer Is strongly advised to conduct Invesfigations of the entire Property in order to determine its present condition. Seller may not be aware of all defects affecting the Property or other factors that Buyer considers important. Property improvements may not be bulk according to code, in compliance with current Law, or have had permits issued. 12. BUYER'S INVESTIGATION OF PROPERTY AND MATTERS AFFECTING PROPERTY: A. Buyers acceptance of the condition of, and any other matter affecting the Property, is a contingency of this Agreement as specified in this paragraph and paragraph 148. Within the time specified in paragraph 148(1), Buyer shall have the right, at Buyers expense unless otherwise agreed, to conduct inspections, investigations, tests, surveys and other studies ("Buyer Investigations'), including, but not limited to: (1) a general physical inspection; (11) an inspection specifically for wood destroying pests and organisms. Any inspection for wood destroying pests and organisms shall be prepared by a registered Structural Pest Control company; shall cover the main building and attached structures; may cover detached structures; shall NOT include water tests of shower pans on upper level units unless the owners of property below the shower consent; shall NOT include roof coverings; and, if the Property is a unit in a condominium or other common interest subdivision, the inspection shall include only the separate interest and any exclusive -use areas being transferred, and shall NOT include common areas; and shall include a report ("Pest Control Report") showing the findings of the company which shall be separated into sections for evident infestation or infections (Section 1) and for conditions likely to lead to infestation or infection (Section 2); (iii) inspect for lead -based paint and other lead -based paint hazards: (iv) satisfy Buyer as to any matter specified in the attached Buyers Inspection Advisory (C.A.R. Form SEA); (v) review the registered sex offender database; (vi) confirm the insurability of Buyer and the Property including the availability and cost of flood and fire insurance; and (vit) review and seek approval of leases that may need to be assumed by Buyer. Without Seller's prior written consent, Buyer shall neither make nor cause to be made invasive or destructive Buyer Investigations, except for minimally invasive testing required to prepare a Pest Control Report; or inspections by any governmental building or zoning inspector or government employee, unless required by Law. B. Seller shall make the Property available for all Buyer Investigations. Buyer shall (1) as specified in paragraph 14B, complete Buyer Investigations and either remove the contingency or cancel this Agreement, and (If) give Seller, at no cost. complete Copies of all such Investigation reports obtained by Buyer, which obligation shall survive the termination of this Agreement C. Seller shall have water, gas, electricity and all operable pilot lights on for Buyers Investigations and through the date possession is made available to Buyer. 0. Buyer indemnity and seller protection for entry upon property: Buyer shag: (I) keep the Property free and dear of liens; (11) repair all damage arising from Buyer Investigations; and (Ili) indemnify and hold Seller harmless from all resulting liability, claims, demands. damages and costs. Buyer shall carry, or Buyer shall require anyone acting an Buyers behalf to carry, policies of liability, workers compensation and other applicable insurance, defending and protecting Seller from liability for any injuries to persons or property occurring during any Buyer investigations or work done on the Property at Buyers direction prior to Close Of Escrow. Seiler is advised that certain protections may be afforded Seller by recording a "Notice of Non -Responsibility" (C.A.R. Form NNR) for Buyer Investigations and work done on the Property at Buyers direction. Buyers obligations under this paragrapkhall survive the termination of this Agreement. 13. TITLE AND VESTING: A. Within the time specified in paragraph 14, Buyer shall be provided a current preliminary title report ("Preliminary Report"). The Preliminary Report is only an offer by the title insurer to issue a policy of title insurance and may not contain every item affecting title. Buyers review of the Preliminary Report and any other matters which may affect title are a contingency of this Agreement as specified in paragraph 14B. The company providing the Preliminary Report shall, prior to issuing a Preliminary Report, conduct a search of the General Index for all Sellers except banks or other institutional lenders selling properties they acquired through foreclosure (REOs), corporations, and government entities. Seller shall within 7 Days After Acceptance, give Escrow Holder a completed Statement of Information. S. Title is taken in its present condition subject to all encumbrances, easements, covenants, conditions, restrictions, rights and other matters, whether of record or not, as of the date of Acceptance except for. (i) monetary liens of record (which Seller is obligated to pay off) unless Buyer is assuming those obligations or taking the Property subject to those obligations; and (ii) those matters which Seller has agreed to remove in writing. C. Within the time specified in paragraph 14A. Seller has a duty to disclose to Buyer all matters known to Seller affecting title, whether of record or not D. At Close Of Escrow Buyer shall receive a grant deed conveying title (or. for stock cooperative or long-term lease an assignment of stock certificate or of Setters leasehold interest) including oil mineral and water rights if currently owned by Seller. Title shall vest as designated in Buyers supplemental escrow instructions. THE MANNER OF TAKING TITLE MAY HAVE SIGNIFICANT LEGAL AND TAX CONSEQUENCES. CONSULT AN APPROPRIATE PROFESSIONAL. H/6 Buyers Initials ( ) Seller's Initials ) ( ) RPA-CA R E V I S �12 5 OF 10) all CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 5 OF 10) mM Pfad,,cad wdh ZPFame by upLogn 111071 Fl,ean M is Road Fraser Michigan 46026 aoefat nM agm cal UniMied Property Address: 6036 STAFFORO AVF HUNTINGTON PA CA g0255 016 E. Buyer shall receives CLTA/ALTA"HomeowneesPolicyofTit�nl surance',ifapplicableto the type of ro Date: Jaand nuary to , Esc rowHolder shall notify Buyer. A title company can provide informatronaboutthe availability,coverage, and cost of other tle policies and ndorsements.lf the Homeowner's Policy is not available, Buyer shall choose another policy, instruct Escrow Holder in writing and shall pay any increase in co: 14. TiME PERIODS; REMOVAL OF CONTINGENCIES; CANCELLATION RIGHTS: The following time periods may only be extended, altered, modified or changed by mutual written agreement. Any removal of contingencies or cancellation under this paragraph by either Buyer or Seller must be exercised In good faith and in writing (C.A.R. Form CR or CC), A. SELLER HAS: 7 (or ) Days After Acceptance to Deliver to Buyer all Reports, disclosures and information for which Seller Is responsible under paragraphs 5, 6, 7, 88(4), 10A, 8, C. and F, 11A and 13A. If, by the time specified, Seller has not Delivered any such item, Buyer after first Delivering to Seller a Notice to Seller to Perform (C.A.R. Form NSP) may cancel this Agreement. B. (1) BUYER HAS: 17 (or ) Days After Acceptance, unless otherwise agreed in writing, to: (1) complete all Buyer Investigations, review all disclosures, reports, lease documents to be assumed by Buyer pursuant to paragraph 8B(5), and other applicable information, which Buyer receives from Seller, and approve ail matters affecting the Property and (11) Deliver to Seller Signed Copies of Statutory and Lead Disclosures and other disclosures Delivered by Selldn accordance with paragraph 10A. (2) Within the time specified in paragraph 148(1), Buyer may request that Seger make repairs or take any other action regarding the Property (C.A.R. Form RR). Seller has no obligation to agree to or respond to (C.A.R. Forth RRRR) Buyer's requests. (3) By the end of the time specified in paragraph 14B(1) (or as otherwise specified in this Agreement), Buyer shall Deliver to Seger a removal of the applicable contingency or cancellation (C.A.R. Form CR or CC) of this Agreement. However, if any report, disclosure or information for which Seller is responsible is not Delivered within the time specified in paragraph 14A, then Buyer has 5 (or ) Days After Delivery of any such items, or the time specified in paragraph 14B(1), whichever is later, to Deliver to Seller a removal of the apptirable contingency or cancellation of this Agreement. (4) Continuation of Contingency: Even after the end of the time specified in paragraph 148(1) and before Seller cancels, if at all pursuant to paragraph 14D, Buyer retains the right, in writing, to either (i) remove remaining contingencies, or (ii) cancel this Agreement based on a remaining contingency. Once Buyer's written removal of all contingencies is Delivered to Seller. Seger may not cancel this Agreement pursuant to paragraph 141)(1). (5) Access to Property: Buyer shall have access to the Property to conduct inspections and investigations for 17 (or ) Days After Acceptance, whether or not any part of the Buyers Investigation Contingency has been waived or removed C. REMOVAL OF CONTINGENCIES WITH OFFER: Buyer removes the contingencies specified In the attached Contingency Removal form (C.A.R. Form CR). If Buyer removes any contingency without an adequate understanding of the Property's condition or Buyers ability to purchase, Buyer is acting against the advice of Broker. D. SELLER RIGHT TO CANCEL: (1) Seller right to Cancel; Buyer Contingencies: If, by the time specified in this Agreement, Buyer does not Deliver to Seller a removal of the applicable contingency or cancellation of this Agreement, then Seller, after first Delivering to Buyer a Notice to Buyer to Perform (CAR. Form NBP), may cancel this Agreement. In such event, Seller shall authorize the return of Buyers deposit, except for fees incurred by Buyer. (2) Seller right to Cancel, Buyer Contract Obfigations: Seller, after first delivering to Buyer a NBP, may cancel this Agreement if, by the time specified in this Agreement, Buyer does not take the following action(s): (1) Deposit funds as required by paragraph 3A, or 3B or if the funds deposited pursuant to paragraph 3A or 38 are not good when deposited; (11) Deliver a notice of FHA or VA costs or terms as required by paragraph 31)(3) (C.A.R. Form FVA); (III) Deliver a letter as required by paragraph 3J(1), (iv) Deliver verification, or a satisfactory verification if Seller reasonably disapproves of the verification already provided, as required by paragraph 3C or 31-1; (v) in writing assume or accept leases or liens specified in 885; (vi) Return Statutory and Lead Disclosures as required by paragraph 10A(5); or (All Sign or initial a separate liquidated damages form for an increased deposit as required by paragraphs 3B and 21 B; or (viii) Provide evidence of authority to sign in a representative capacity as specified in paragraph 19 In such event, Seller shall authorize the return of Buyers deposit, except for fees incurred by Buyer. E. NOTICE TO BUYER OR SELLER TO PERFORM: The NBP or NSP shall (i) be in writing; (if) be signed by the applicable Buyer or Seller, and (iii) give the other Party at least 2 (or ) Days After Delivery (or until the time specified in the applicable paragraph, whichever occurs last) to take the applicable action. A NBP or NSP may not be Delivered any earlier than 2 Days Prior to the expiration of the applicable time for the other Party to remove a contingency or cancel this Agreement or meet an obligadwcified in paragraph 14. F. EFFECT OF BUYER'S REMOVAL OF CONTINGENCIES: If Buyer removes, in writing, any contingency or cancellation rights, unless otherwise specified in writing, Buyer shall conclusively be deemed to have: (i) completed all Buyer investigations, and review of reports and other applicable information and disclosures pertaining to that contingency or cancellation right; (11) elected to proceed with the transaction; and (III) assumed all liability, responsibility and expense for Repairs or corrections pertaining to that contingency or cancellation right, or for the inability to obtain financing. G. CLOSE OF ESCROW: Before Buyer or Seller may cancel this Agreement for failure of the other Party to close escrow pursuant to this Agreement, Buyer or Seger must first Deliver to the other Party a demand to dose escrow (CAR. Forth DCE). The DCE shall. (1) be signed by the applicable Buyer or Seller, and (II) give the other Party at least 3 (or } Days After Delivery to dose escrow. A DCE may not be Delivered any earlier than 3 Days Prior to the scheduled dose of escrow. H. EFFECT OF CANCELLATION ON DEPOSITS: If Buyer or Seller gives written notice of cancellation pursuant to rights duly exercised under the terms of this Agreement, the Parties agree to Sign mutual instructions to cancel the sale and escrow and release deposits, if any, to the party entitled to the funds less fees and costs incurred by that party. Fees and costs may be payable to service providers and vendors for services and products provided during escrow Except as specified below, release of funds will require mutual Signed release instructlons from the Parties, judicial decision or arbitration award. If either Party fags to execute mutual instructions to cancel escrow, one Party may make a written demand to Escrow Holder for the deposit. (C.A.R. Form BDRD or SDRD). Escrow Holder, upon receipt, shag promptly deliver notice of the demand to the other Party. if, within 10 Days After Escrow Holders notice, the other Party does not object to the demand Escrow Holder shall disburse the deposit to the Party making the demand, If Escrow Holder complies with the preceding process each Party shall be deemed to have released Escrow Holder from any and all claims or liability related to the disbursal of the deposit. Escrow Holder, at its discretion, may nonetheless require mutual cancellation inatructio & Party may be subject to a civil penalty of up to $1,000 for refusal to sign cancellation Instructions If no good faith d' to who Is entitled to the deposited funds (Civic Code 11057.3). i1Z Buyers Initials ( } Sellers Initials ( l ( ) RPA-CA REVIS E 6 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 6 OF 10)'" Pneh<ed with wFanRQ trt :VLVx 18070 FANen Mile rt ad Free, Wfipn 4" rowKjJpL= mm U k� Property Address. 6036 STAFFORD AVE HUNTINGTON PAR CA 902SS 15. FINAL VERIFICATION OF CONDITION: Buyer shall have the right to make a final verification of the Property within SF(o Z0f 6 ) Days Priorto Close Of Escrow, NOTAS A CONTINGENCYOF THE SALE, but solely to confirrn:(i) the Propertyis maintainedpursuantto paragraph) l (11) Repairs have been completed as agreed; and (111) Seller has compiled with Seller's other obligations under this Agreement (C.A.R. Form VP; 16. REPAIRS: Repairs shalt be completed prior to final verification of condition unless otherwise agreed in writing. Repairs to be performed at Seller's expense may be performed by Seller or through others, provided that the work complies with applicable Law, including governmental permit, inspection and approval requirements. Repairs shall be performed in a good, skillful manner with materials of quality and appearance comparable to existing materials. It is understood that exact restoration of appearance or cosmetic items following all Repairs may not be possible Seller shall (i) obtain invoices and paid receipts for Repairs performed by others; (ii) prepare a written statement indicating the Repairs performed by Seller and the date of such Repairs; and (ifi) provide Copies of invoices and paid receipts and statements to Buyer prior to final verification of condition. 17. PRORATIONS OF PROPERTYTAXES AND OTHER ITEMS: Unless otherwise agreed in writing, the following items shall be PAID CURRENT and prorated between Buyerand Seller as of Close Of Escrow, real property taxes and assessments interest rents, HOA regular special and emergency dues and assessments imposed prior to Close Of Escrow, premiums on insurance assumed by Buyer, payments on bonds and assessments assumed by Buyer, and payments on Metlo-Roos and other Special Assessment District bonds and assessments that are now a lien. The following items shall be assumed by Buyer WITHOUT CREDIT toward the purchase price: prorated payments on Mello -Roos and other Special Assessment District bonds and assessments and HOA special assessments that are now a lien but not yet due. Property will be reassessed upon change of ownership. Any supplemental tax bills shall be paid as follows: (1) for periods after Close Of Escrow, by Buyer and (ii) for periods prior to Close Of Escrow, by Seller (see C A R. Form SPT or SBSA for further information). TAX BILLS ISSUED AFTER CLOSE OF ESCROW SHALL BE HANDLED DIRECTLY BETWEEN BUYER AND SELLER. Prorations shall be made based on a 30-day month. 18. BROKERS: A. COMPENSATION: Seller or Buyer, or both, as applicable, agree to pay compensation to Broker as specified in a separate written agreement between Broker and that Seller or Buyer. Compensation is payable upon Close Of Escrow, or if escrow does not close as otherwise specified in the agreement between Broker and that Seller or Buyer. B. SCOPE OF DUTY: Buyer and Seller acknowledge and agree that Broker (1) Does not decide what price Buyer should pay or Seller should accept; (ii) Does not guarantee the condition of the Property, (iii) Does not guarantee the performance, adequacy or completeness of inspections services, products or repairs provided or made by Seller or others; (Iv) Does not have an obligation to conduct an inspection of common areas or areas off the site of the Property; (v) Shall not be responsible for identifying defects on the Property, in common areas, or offsite unless such defects are visually observable by an inspection of reasonably accessible areas of the Property or are known to Broker; (vi) Shall not be responsible for inspecting public records or permits concerning the title or use of Property; (vif) Shall not be responsible for identifying the location of boundary lines or other items affecting title; (viii) Shall not be responsible for verifying square footage, representations of others or information contained in Investigation reports Multiple Listing Service, advertisements, flyers or other promotional material; (ix) Shall not be responsible far determining the fair market value of the Property or any personal property included in the sale; (x) Shall not be responsible for providing legal or tax advice regarding any aspect of a transaction entered into by Buyer or Seller, and (xi) Shall not be responsible for providing other advice or information that exceeds the knowledge, education and experience required to perform real estate licensed activity. Buyer and Seller agree to seek legal, tax, insurance title and other desired assistance from appropriate professionals. 19. REPRESENTATIVE CAPACITY: If one or more Parties is signing this Agreement in a representative capacity and not for him/herself as an individual then that Party shall so indicate in paragraph 31 or 32 and attach a Representative Capacity Signature Disclosure (C.A.R. Form RCSD). Wherever the signature or initials of the representative identified in the RCSD appear on this Agreement or any related documents, it shalt be deemed to be in a representative capacity for the entity described and not in an individual capacity, unless otherwise indicated. The Party acting in a representative capacity (i) represents that the entity for which that party is acting already exists and (ii) shall Deliver to the other Party and Escrow Holder, within 3 Days After Acceptance, evidence of authority to act in that capacity (such as but not limited to: applicable portion of the trust or Certification Of Trust (Probate Code §18100.5), fetters testamentary, court order, power of attorney, corporate resolution, or formation documents of the business entity). 20. JOINT ESCROW INSTRUCTIONS TO ESCROW HOLDER: A. The following paragraphs, or applicable portions thereof, of this Agreement constitute the joint escrow instructions of Buyer and Seller to Escrow Holder, which Escrow Holder is to use along with any related counter offers and addenda and any additional mutual instructions to close the escrow: paragraphs 1, 3, 4B, 5A, 6, 7, 10C, 13, 14G, 17, 18A, 19, 20, 26 29. 30. 31, 32 and paragraph D of the section tilled Real Estate Brokers on page 10. if a Copy of the separate compensation agreement(s) provided for in paragraph 18A, or paragraph D of the section titled Real Estate Brokers on page 10 is deposited with Escrow Holder by Broker, Escrow Holder shall accept such agreement(s) and pay out from Buyer's or Seller's funds, or both, as applicable, the Broker's compensation provided for in such agreement(s). The terms and conditions of this Agreement not set forth in the specified paragraphs are additional matters for the information of Escrow Holder, but about which Escrow Holder need not be concerned. Buyer and Seller will receive Escrow Holder's general provisions, if any, directly from Escrow Holder and will execute such provisions within the time specified in paragraph 7C(1)(c), To the extent the general provisions are inconsistent or conflict with this Agreement, the general provisions will control as to the duties and obligations of Escrow Holder only. Buyer and Seller will execute additional instructions, documents and forms provided by Escrow Holder that are reasonably necessary to dose the escrow and, as directed by Escrow Holder, within 3 (or ) Days, shall pay to Escrow Holder or HOA or HOA management company or others any fee required by paragraphs 7 10 or elsewhere in this Agreement. B. A Copy of this Agreement including any counter offer(s) and addenda shall be delivered to Escrow Holder within 3 Days After Acceptance (or ). Buyer and Seller authorize Escrow Holder to accept and rely on Copies and Signatures as defined in this Agreement as originals, to open escrow and for other purposes of escrow. The validity of this Agreement as between Buyer and Seller is not affected by whether or when Escrow Holder Signs this Agreement Escrow Holder shall provide Sellers Statement of Information to Title company when received from Seller. If Seller delivers an affidavit to Escrow Holder to satisfy Sellers FIRPTA obligation under paragraph 10C, Escrow Holder shall deliver to Buyer a Qualified Substitute statement that complies with federal Law. as L� �►/os Buyers Initials( ) Sellers Initials () v1� ) ( I RPA-CA REVt E 7 OF 10) l„��� CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 7 OF 10) Produced r@I vpForme by ziplag x 11107a F Mean We Roan Pow Mn Ngan 411026 wo za rim. am Undiled Property Address: 6036 STAFFORD AVI« HUNi9NGTON PARK CA 90255 Date: January 20, 2016 C. Brokers are a party to the escrow for the sole purpose of compensation pursuant to paragraph 18A and paragraph D of the section tilled Real Estate Brokers on page 10. Buyer and Seller irrevocably assign to Brokers compensation specified in paragraph 18A. and irrevocably instruct Escrow Holder to disburse those funds to Brokers at Close Of Escrow or pursuant to any other mutually executed cancellation agreement. Compensation instructions can be amended or revoked only with the written consent of Brokers Buyer and Seller shall release and hold harmless Escrow Holder from any liability resulting from Escrow Holder's payment to Broker(s) of compensation pursuant to this Agreement D. Upon receipt, Escrow Holder shalt provide Seller and Sellers Broker verification of Buyers deposit of funds pursuant to paragraph 3A and 38. Once Escrow Holder becomes aware of any of the following, Escrow Holder shall immediately notify all Brokers, 11) if Buyers initial or any additional deposit or down payment is not made pursuant to this Agreement, or is not good at time of deposit with Escrow Holder, or (if) if Buyer and Seiler instruct Escrow Holder to cancel escrow. E. A Copy of any amendment that affects any paragraph of this Agreement for which Escrow Holder is responsible shall be delivered to Escrow Holder within 3 Days after mutual execution of the amendment 21.REMEDIES FOR BUYER'S BREACH OF CONTRACT: A. Any clause added by the Parties specifying a remedy (such as release or forfeiture of deposit or making a deposit non-refundable)for failure of Buyer to complete the purchase in violation of this Agreementshall be deemed invalid unless the clause independently satisfies the statutory liquidated damages requirements set forth in the Civil Code. S. LIQUIDATED DAMAGES: If Buyer fails to complete this purchase because of Buyer's default, Seller shall retain, as liquidated damages, the deposit actually paid. If the Property is a dwelling with no more than four units, one of which Buyer intends to occupy, then the amount retained shall be no more than 3% of the purchase price. Any excess shall be returned to Buyer. Except as provided in paragraph 14G, release of funds will require mutual, Signed release instructions from both Buyer and Seller, judicial decision or arbitration award. AT THE TiME OF ANY INCREASED DEPOSIT WMR AND SELLER SHALL SIGN A SEPARATE LIQUIDATED DAMAGES PROVISION INCORPORATING THE INC �OSIT AS LIQUIDATED DAMAGES (C.A.R. FO D). Buyers initial Sellers Initial VG ! 22. DISPUTE RESOLUTION: A. MEDIATION: The Parties agree to mediate any dispute or claim arising between them out of this Agreement, or any resulting transaction, before resorting to arbitration or court action through the C.A.R. Real Estate Mediation Center for Consumers (www.consumermadiation.org) or through any other mediation provider or service mutually agreed to by the Parties. The Parties also agree to mediate any disputes or claims with Broker(s), who, in writing, agree to such mediation prior to, or within a reasonable time after, the dispute or claim Is presented to the Broker. Mediation fees, if any, shall be divided equally among the Parties involved. If, for any dispute or dafm to which this paragraph applies, any Party (i) commences an action without first attempting to resolve the matter through mediation, or (ii) before commencement of an action, refuses to mediate after a request has been made, then that Party shall not be entitled to recover attorney fees, even if they would otherwise be available to that Party in any such action. THIS MEDIATION PROVISION APPLIES WHETHER OR NOT THE ARBITRATION PROVISION IS INITIALED. Exclusions from this mediation agreement are specified In paragraph 22C. B. ARBITRATION OF DISPUTES: The Parties agree that any dispute or claim in Law or equity arising between them out of this Agreement or any resulting transaction, which is not settled through mediation, shall be decided by neutral, binding arbitration. The Parties also agree to arbitrate any disputes or claims with Broker(s), who, In writing, agree to such arbitration prior to, or within a reasonable time after, the dispute or claim is presented to the Broker. The arbitrator shall be a retired judge or justice, or an attorney with at least 5 years of residential real estate Law experience, unless the parties mutually agree to a different arbitrator. The Parties shall have the right to discovery In accordance with Code of Civil Procedure §1283.05. In all other respects, the arbitration shall be conducted in accordance with Title 8 of Part 3 of the Code of Civil Procedure. Judgment upon the award of the arbitrator(s) may be entered into any court having jurisdiction. Enforcement of this agreement to arbitrate shall be governed by the Federal Arbitration Act. Exclusions from this arbitration agreement are specified in paragraph 22C. "NOTICE: BY INITIALING IN THE SPACE BELOW YOU ARE AGREEING TO HAVE ANY DISPUTE ARISING OUT OF THE MATTERS INCLUDED IN THE 'ARBITRATION OF DISPUTES' PROVISION DECIDED BY NEUTRAL ARBITRATION AS PROVIDED BY CALIFORNIA LAW AND YOU ARE GIVING UP ANY RIGHTS YOU MIGHT POSSESS TO HAVE THE DISPUTE LITIGATED IN A COURT OR JURY TRiAL. BY INITIALING IN THE SPACE BELOW YOU ARE GIVING UP YOUR JUDICIAL RIGHTS TO DISCOVERY AND APPEAL, UNLESS THOSE RIGHTS ARE SPECIFICALLY INCLUDED iN THE 'ARBITRATION OF DISPUTES' PROVISION. IF YOU REFUSE TO SUBMIT TO ARBITRATION AFTER AGREEING TO THIS PROVISION, YOU MAY BE COMPELLED TO ARBITRATE UNDER THE AUTHORITY OF THE CALIFORNIA CODE OF CIVIL PROCEDURE. YOUR AGREEMENT TO THIS ARBITRATION PROVISION IS VOLUNTARY." "WE HAVE READ AND UNDERSTAND THE FOREGOING AND AGREE TO SUBMIT DISPUTES ARISING OUT OF THE MATTERS INCLUDED OF DISPUTES' PROVISION TO NE ARBITRATION." Buyer's ini ' A�TRATION Sellers Initials t C. ADDITIONAL MEDIATION AND ARDFMTION TERMS: (1) EXCLUSIONS: The following matters are excluded from mediation and arbitration: (1) a judicial or noryudicial foreclosure or other action or proceeding to enforce a deed of trust. mortgage or installment land sale contract as defined in Civil Code ;11) unlawful detainer action; and (fit) any matter that is within the Jurisdicti�t of a probate, small claims or ban j Buyers Initials ( ) Sellers initials ( RPA-CA REVISED 12M 3 (PAGE Q OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE a OF 10) Pwdw.td vd1h apFwM* br apLa" t8070 FNaan M la Road Past, 6tchgm 4=8 v=LA0LQgL=m upayd Property Address: 6036 STAFFORD AVE, HUNTINGTON PAR CA 90255 Date: January 1Q,01 (2) PRESERVATION OF ACTIONS: The following shall not constitute a waiver nor violation of the mediation and arbitration provisions: {i) the frling of a court action to preserve a statute of limitations; {it) the filing of a court action to enable the recording of a notice of pending action, for order of attachment, receivership, injunction, or other provisional remedies; or (ttt) the filing of a mechanic's lien. (3) BROKERS: Brokers shall not be obligated nor compelled to mediate or arbitrate unless they agree to do so in writing. Any Broker(s) participating in mediation or arbitration shall not be deemed a party to this Agreement 23. SELECTION OF SERVICE PROVIDERS: Brokers do not guarantee the performance of any vendors, service or product providers( Providers') whether referred by Broker or selected by Buyer, Seller or other person. Buyer and Seller may select ANY Providers of their own choosing. 24. MULTIPLE LISTING SERVICE ("MLS"): Brokers are authorized to report to the MLS a pending sale and, upon Close Of Escrow, the sales price and other terms of this transaction shall be provided to the MLS to be published and disseminated to persons and entities authorized to use the information on terms approved by the MLS. 25. ATTORNEY FEES: In any action, proceeding, or arbitration between Buyer and Seller arising out of this Agreement, the prevailing Buyer or Seiler shall be entitled to reasonable attorney fees and costs from the non -prevailing Buyer or Seller, except as provided in paragraph 22A. 26. ASSIGNMENT: Buyer shall not assign all or any part of Buyer's interest in this Agreement without first having obtained the separate written consent of Seller to a specified assignee. Such consent shall not be unreasonably withheld. Any total or partial assignment shall not relieve Buyer of Buyer's obligations pursuant to this Agreement unless otherwise agreed in writing by Seller. (C.A.R. Form AOAA). 27. EQUAL HOUSING OPPORTUNITY: The Property is sold in compliance with federal, state and local anti -discrimination Laws. 28. TERMS AND CONDITIONS OF OFFER: This is an offer to purchase the Property on the above terms and conditions. The liquidated damages paragraph or the arbitration of disputes paragraph is incorporated in this Agreement if initialed by all Parties or if incorporated by mutual agreement in a counter offer or addendum. if at least one but not all Parties initial, a counter offer is required until agreement is reached. Seller has the fight to continue to offer the Property for sale and to accept any other offer at any time prior to notification of Acceptance. The Parties have read and acknowledge receipt of a Copy of the offer and agree to the confirmation of agency relationships, if this offer is accepted and Buyer subsequently defaults, Buyer may be responsible for payment of Brokers' compensation_ This Agreement and any supplement, addendum or modification, including any Copy, may be Signed in two or more counterparts, all of which shall constitute one and the same writing. 29. TIME OF ESSENCE; ENTIRE CONTRACT; CHANGES: Time is of the essence All understandingsbetweenthe Parliesare incorporatedin this Agreement. its terms are intendedby the Parties as a final, completeand exclusiveexpressionof theirAgreementwith respectto its subjectmatter, and may not be contradictedby evidenceof any prior agreementor contemporaneousoral agreementif any provisionof this Agreementis held to be ineffectiveor invalid, the remainingprovisionswitt neverthelessbe given full force and effect Exceptas otherwisespecified, this Agreementshall be interpretedand disputesshafi be resolved in accordancewth the Laws of the State of Califorria.Nettherthis Agreementnor a ny provision in it may be extended, amended, modified, altered or changed, except in writing Signed by Buyer and Seller. 30. DEFINITIONS: As used in this Agreement A. "Acceptance" means the time the offer or final counter offer is accepted in writing by a Party and is delivered to and personally received by the other Party or that Party's authorized agent in accordance with the terms of this offer or a final counter offer. B. "Agreement" means this document and any counter offers and any incorporated addenda, collectively forming the binding agreement between the Parties. Addenda are incorporated only when Signed by all Parties. C. "CA.R. Form" means the most current version of the specific form referenced or another comparable form agreed to by the parties. D. "Close Of Escrow", including 'COE", means the date the grant deed, or other evidence of transfer of title, is recorded. E. "Copy" means copy by any means including photocopy. NCR, facsimile and electronic. F. "Days" means calendar days. However, after Acceptance, the last Day for performance of any act required by this Agreement (including Close Of Escrow) shall not include any Saturday, Sunday, or legal holiday and shall instead be the next Day. G. "Days After" means the specified number of calendar days after the occurrence of the event specified, not counting the calendar date on which the specified event occurs, and ending at 11:59 PM on the final day. H. "Days Prior" means the specified number of calendar days before the occurrence of the event specified not counting the calendar date on which the specified event is scheduled to occur, 1. "Deliver", "Delivered" or "Delivery", unless otherwise specified in writing, means and shall be effective upon personal receipt by Buyer or Seller or the individual Real Estate Licensee for that principal as specified in the section titled Real Estate Brokers on page 10, regardless of the method used (i.e., messenger, mail, email, fax, other). J. "Electronic Copy" or "Electronic Signature" means, as applicable, an electronic copy or signature complying with California Law. Buyer and Seller agree that electronic means will not be used by either Party to modify or alter the content or integrity of this Agreement without the knowledge and consent of the other Party. K. "Law" means any law, cede, statute, ordinance, regulation, rule or order, which is adopted by a controlling city, county state or federal legislative, judicial or executive body or agency, L. "Repairs" means any repairs (including pest control), alterations, replacements, modifications or retrofitting of the Property provided for under this Agreement M. "Signed" means either a handwritten or electronic signature an an original document, Copy or any counterpart. 31. EXPIRATION OF OFFER: This offer shall be deemed revoked and the deposit if any, shall be returned to Buyer unless the offer is Signed by Seller and a Copy of the Signed offer is personally received by Buyer, or by who is authorized to receive it, by 5.00 PM on the third Day after this offer is signed by Buyer (or by AM/ PM on (date)) One or more Buyers is signing this a representative capacity and not for himtherself as an individual. See attached Representative Capacity Signature Dis osuw arm RCSD-8) for additional terms. Date 0112Qr2010 BUYER (Print name) JONNY SANCHEZ pttswaiFesr,e� Date BUYER (Print name) Additional Signature Addendum attached (CA R. Form ASA) tt c�os Setters Initials RPA-CA REVISED 12115 (PAGE 9 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 9 OF 10) Pmduc.dwilh =ipFomtC by LpLaWraoro Fifteen U i. R_0d F,aser Wd. 4W" w 2,d00— e,"„W Property Address: 6036 STAFFORD AVF, HUNTINGTON PAR14 CA 90255 Date: January 20, 2016 32. ACCEPTANCE OF OFFER: Seller warrants that Seller is the owner of the Property, or has the authority to execute this Agreement Seller accepts the above offer, and agrees to sell the Property on the above terms and conditions. Seller has read and acknowledges receipt of a Copy of this Agreement, and authorizes Broker to Deliver a Signed Copy to Buyer. X (If checked) SELLER'S ACCEPTANCE IS SUBJECT TO ATTACHED COUNTER OFFER (C.A.R. Farm SCO or SMCO) DATED: 1/25/16 XOne or more Sellers is signing this �,4y_yr1�mg t to a representative capacity and not for hirrUherself as an Individual. See attached Representative Capacity Signatur QQI;c ost�re ^,R. Form RCSD-S) for additional terms. Date1/26/2016 SELLER �Vt,YlAblti (Print name) 3CA8CFDAFA84487 Date SELLER (Print name) Additional Signature Addendum attached (C.A.R. Form ASA). ( / ) (Do not initial 9 making a counter offer.) CONFIRMATION OF ACCEPTANCE: A Copy of Signed Acceptance was (Initials) Personally received by Buyer or Buyers authorized agent an (date) at j` AM/ r 'PM A binding Agreement is created when a Copy of Signed Acceptance Is personally received by Buyer or Buyers authorized agent whether or not confirmed in this document. Completion of this confirmation is not legally required In order to create a binding Agreement; It is solely intended to evidence the date that Confirmation of Acceptance has occurred. REAL ESTATE BROKERS: A. Real Estate Brokers are not parties to the Agreement between Buyer and Seller. B. Agency relationships are confirmed as stated in paragraph 2. C. If specified in paragraph 3A(2). Agent who submitted the offer for Buyer acknowledges receipt of deposit. D. COOPERATING BROKER COMPENSATION: Listing Broker agrees to pay Cooperating Broker (Selling Firm) and Cooperating Broker agrees to accept, out of Listing Brokers proceeds in escrow, the amount specified in the MLS, provided Cooperating Broker is a Participant of the MLS in which the Property is offered for sale or a reciprocal MLS. If Listing Broker and Cooperating Broker are not both Participants of the MLS or a reciprocal MLS, in which the Property is offered for sale, then compensation must be specified in a separate written agreement (C.A.R. Form CBC). Declaration of License and Tax (C.A.R Form DLT) may be used to documelt4i)t tax reporting will be required or that an exemption exists Repf���y!Fgker (Selling Firm) CENTURY 21 ALLSTARS CalBRELiO I�� B� ►y' `� MART1N ROBLES CalBRE Lic # 01779269 Date By CalBRE Lic. # Date Address 9155 TELEGRAPH RD City PICO RNERA State CA Zip 90660 te o ST2-8te92 Fax E-mail tFirm) CENTURY21 ALLSTARS CaIBRE Lic. # 01280965 CalBRE Lic. # 01226461 Date 1/26/2016 35g1LUTHER SANCHEZ CalBRE Lic # Date ress City Pico Rivera State CA Zi Telephone (S62)7S6.9Jt7 Fax mail WA-AMTV420AAfCJ54wn�aAn ^^&& E-. ESCROW HOLDER ACKNOWLEDGMENT Escrow Holder acknowledges receipt of a Copy of this Agreement, (if checked a deposit in the amount of S ) counter offer numbers Seller's Statement of Information and 90 60 and agrees to act as Escrow Holder subject to paragraph 20 of this Agreement, any supplemental escrk'AliiitnTdlarA9lhi 11191ris of Escrow Holders general provisions Escrow Holder is advised that the date of Confirmation of Acceptance of the Agreement as between Buyer and Seller is Escrow Holder Escrow aY By Date Address PhonelFaxlE-mail FAscrow Holder has the following license number # Department of Business Oversight. ❑ Department of Insurance Bureau of Real Estate PRESENTATION OF OFFER: ( ) Listing Broker presented this offer to Seger on (date). Broker or O"anee Initials REJECTION OF OFFER: ( ) ( ) No counter offer is being made. This offer was rejected by Seller on (date). c.u.r. ime.i. 01991- 2015. CafilomaAssociation of REALTORSO, Iris. United Stabs copyright law (Tile 17 US. Code) forbids the unauthorized diskibulion, display and reproduction of this form, or arty portion thereof, by photocopy machine or any other means including facsimile or computerized formats. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSO (C A.R.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE P I TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL r Published and Distributed by Buyer Acknowledges that page 10 a part of this Agreement( ) w REAL ESTATE BUSINESS SERVICES. INC. � a subsidiary orNie CALIFORNIA ASSOCIATION OF REALTORSO � 525 South Virgil Avenue, Los Angeles. California 90020 Reviewed by RPA-CA REVISED 12115 (PAGE 10 of 10) Broker or Deigme CAILIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 10 OF 10) Produced with vpFwme by apLag a 111070 F hew M Is Road Fraser Michg m 49026 t Uiuii4d - .. _ i� iy c n ASSOCIATION BUYER'S INSPECTION ADVISORY O F R E A L T O R S (C.A.R. Form BIA, Revised 11114) ��♦r Property Address: 6036 STAFFORD AVE, HUNTINGTON PARK CA 9025S (,Property"), I. IMPORTANCE OF PROPERTY INVESTIGATION: The physical condition of the land and improvements being purchased is not guaranteed by either Seller or Brokers, You have an affirmative duty to exercise reasonable care to protect yourself, including discovery of the legal, practical and technical implications of disclosed facts, and the investigation and verification of information and facts that you know or that are within your diligent attention and observation. A general physical inspection typically does not cover all aspects of the Property nor items affecting the Property that are not physically located on the Property. If the professionals recommend further investigations, including a recommendation by a pest control operator to inspect inaccessible areas of the Property, you should contact qualified experts to conduct such additional investigations. 2. BROKER OBLIGATIONS: Brokers do not have expertise in all areas and therefore cannot advise you on many items, such as those listed below. If Broker gives you referrals to professionals, Broker does not guarantee their performance. 3. YOU ARE STRONGLYADVISEDTO INVESTiGATETHE CONDITIONAND SUITABILITYOF ALL ASPECTS OF THE PROPERTY, INCLUDING BUT NOT LIMIITED TO THE FOLLOWING. IF YOU DO NOT DO SO, YOU ARE ACTING AGAINST THE ADVICE OF BROKER A. GENERAL CONDITION OF THE PROPERTY, ITS SYSTEMS AND COMPONENTS: Foundation, roof (condition, age, leaks, useful life), plumbing, heating, air conditioning, electrical, mechanical, security, pool/spa (cracks, leaks, operation), other structural and nonstructural systems and components, fixtures, built-in appliances, any personal property included in the sale, and energy efficiency of the Property. B. SQUARE FOOTAGE, AGE, BOUNDARIES: Square footage, room dimensions, tot size, age of improvements and boundaries. Any numerical statements regarding these items are APPROXIMATIONS ONLY and have not been verged by Seller and cannot be verified by Brokers. Fences, hedges, walls, retaining walls and other barriers or markers do not necessarily identify true Property boundaries. C. WOOD DESTROYING PESTS: Presence of, or conditions likely to lead to the presence of wood destroying pests and organisms. D. SOIL STABILITY: Existence of fill or compacted soil, expansive or contracting soil, susceptibility to slippage settling or movement, and the adequacy of drainage. E. WATER AND UTILITIES; WELL SYSTEMS AND COMPONENTS;WASTE DISPOSAL: Water and utility availability, use restrictions and costs. Water quality, adequacy, condition, and performance of well systems and components. The type, size, adequacy, capacity and condition of sewer and septic systems and components, connection to sewer, and applicable fees. F. ENVIRONMENTAL HAZARDS: Potential environmental hazards, including, but not limited to, asbestos, lead -based paint and other lead contamination, radon, methane, other gases, fuel oil or chemical storage tanks, contaminated soil or water, hazardous waste, waste disposal sites, electromagnetic fields, nuclear sources, and other substances, materials, products, or conditions (including mold (airborne, toxic or otherwise), fungus or similar contaminants), G. EARTHQUAKES AND FLOODING: Susceptibility of the Property to earthquake/seismic hazards and propensity of the Property to fic H. FIRE, HAZARD AND OTHER INSURANCE: The availability and cost of necessary or desired insurance may vary. The location of the Property in a seismic, flood or fire hazard zone, and other conditions, such as the age of the Property and the claims history of the Property and Buyer, may affect the availability and need for certain types of insurance. Buyer should explore insurance options early as this information may affect other decisions, including the removal of loan and inspection contingencies. 1. BUILDING PERMITS, ZONING AND GOVERNMENTAL REQUIREMENTS: Permits, inspections, certificates, zoning, other governmental limitations, restrictions, and requirements affecting the current or future use of the Property, its development or size. J. RENTAL PROPERTYRESTRICTIONS:Some cities and counties impose restrictionsthat limitthe amountof rent that can be charged, the maximum numberof occupanis,and the right of a landlordto terminatea tenancy. Deadboltor other locks and securitysystems for doors and windows, including window bars, should be examined to determine whether they satisfy legal requirements. K. SECURITY AND SAFETY: State and local Law may require the installation of barriers, access alarms, self -latching mechanisms and/or other measures to decrease the risk to children and other persons of existing swimming pools and hot tubs, as well as various fire safety and other measures concerning other features of the Property. L NEIGHBORHOOD, AREA, SUBDIVISION CONDITIONS; PERSONAL FACTORS: Neighborhood or area conditions, including schools, law enforcement, crime statistics, registered felons or offenders, fire protection, other government services, availability, adequacy and cost of Internet connections or other technology services and installations, commercial, industrial or agricultural activities, existing and proposed transportation, construction and development that may affect noise, view, or traffic, airport noise, noise or odor from any source, wild and domestic animals, other nuisances, hazards, or circumstances, protected spades, wetland properties, botanical diseases, historic or other governmentally protected sites or improvements, cemeteries, facilities and condition of common areas of common interest subdivisions, and possible lack of compliance with any governing documents or Homeowners' Association requirements, conditions and influences of significance to certain cultures and/or religions, and personal needs, requirements and preferences of Buyer. By signM#AIN ers acknowledge that they have read, understand, accept and have received a Copy of this Advisory. BuyersWd'to read it carefully. Buyer Buyer 4 O 1991-2004, C.aftma Assoclafion of REALTORSO inc THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSet (CA.R.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS iF YOU DESIRE LEGAL OR TAX ADVICE CONSULT AN APPROPRIATE PROFESSIONAL Published and Distributed by REAL ESTATE BUSINESS SERVICES INC s a sabsiftry of Me Caftmis Assomfion of REALTORS& 52S South Vtrgd Avenue, Los Angeles, CWwnts 9002o Reviewed by Date i BIA REVISED 11/14 (PAGE 1 OF 1) BU INSPECTION ADVISORY BIA PAGE 1 OF 1�^ Ceaewy 21 Arbten III$ Teteaeph Rd Pico Rnen, CA flip Mena (1Qpi24"Z Fax Vaddd Manb, saws _ Produead with rpFwme by rolagw t5070 Ffuan M Ia Read Fraser M _Kan 4a026 war =mt � — DocuSlgn Envelope ID: C93EDBF4-6F4C4252.8928-855164DC865E It CALIF0P,NIA ASSOCIATION REPRESENTATIVE CAPACITY SIGNATURE DISCLOSURE •�r OF fi E A L T O R S" (C.A.R. Forrn RCSO, Revised 11114) This form Is not an assignment. It should not be used to add new parties after a contract has bean formed. This Is a disclosure to the Residential Purchase Agreement, Residential Listing Agreement X Other All Real Estate Disclosures ("Agreement"), dated for the property known as 6036 Stafford Ave. ("Property"), between ("Buyer% Broker) and Vernon City ("Seller") 1. A. ESTATE: (1) Seller is an estate, conservatorship, or guardianship identified by Superior Court Case name as Case k (2) The person(s) signing below istare court approved representatives (whether designated as Sole or Co -Executor, Administrator Conservator, Guardian) of the entity described in paragraph 1 Al. B. TRUST: (1) The Property ( assets used to acquireAease the Property) is held in trust pursuant to a trust document dated , titled (2) The person(s) signing below is/are Sole/Co/Successor Trustee(s) of the Trust. C. POWER OF ATTORNEY: Seller Buyer Other: ("Principal") has authorized the person(s) signing below ("Attorney -In -Fact", "Power of Attorney' or "PDA") to act on his/her behalf pursuant to a General Power of Attorney ' i Specific Power of Attorney for the Property), dated . This form Is not a Power of Attorney. A Power of Attorney must have already been executed before this form Is used. X D. ENTITY: XSeller Buyer Other: Municipal Corporation is a Corporation, Limited Liability Company, Partnership which has authorized the officer(s), managing member(s) or partner(s) signing below to act on its behalf. An authorizing resolution of the applicable body of the entity described above is (X is not attached 2. The Party acting in a representative capacity represents that the entity for which that Party is acting already exists Representative Party: Entity Name (If POA, Sign Principal 61"Verrlon City By (Representative Signature) a j. Lbt& Print Title: Administrator (Print Representative Name) A. oefr`.r.: ME Date: Entity Name (if POA, Sign Principal's Name) By (Representative Signature) Print Title: (Print Representative Name) Date: ggt4#Aj alpt By Other Party: Seller)X Buyer Other: Acknowledg7'� (Signature) '2/9/2016 Date: 09563A9eNH (Print Name) (Signature) Data (Print Name) O 2014, Calltarnia Association of REALTORS& Inc. UNled Stales cOpyrfghl law Mile I T U S Coda) larb+ds Oa unauthdnZed dLitnbud--. ?splay and iepxiuclan W d95 loan, a any NOOM thereof, by 0010Cdpy madine a any Wher means, hx1t4ng tacsimue w computerized formals. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSM (C.A.R). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL Pumldlwd and Distributed by: REAL ESTATE BUSINESS SERVICES. INC. " a subwdiary dthe CAkkeme, Los Angel , C ldREALTO 0 ` 525 SwN Virge Avenue, Las Angeiea, Ca6tomra 9IX120 RCSD REVISED 11114 (PAGE 1 OF 1) Reviewed by Date REPRESENTATIVE CAPACITY SIGNATURE DISCLOSURE (RCSD PAGE 1 OF 1) ^y Cauay to ARAws 9I53 T4q"pb Rd IM Flaw Pka phe CA M4{e Ptlanr. i{3-34Y213I Fa: MM iraRar4 Cealary tl Al4un YyWaran Prodvdad uM DOF—M 6y a40qu 111010 Fdtean 6We Aa d. Frasa Mdxgw 48025 agey,t�ygg,{p� CA L I F 0 R N I A ASSOCIATION SELLER MULTIPLE COUNTEROFFER No. �IV OF R E A L T O R S r' (C.A.R. Form SMCO, 11113) This is a counter offer to the: ® California Residential Purchase Agreement, ❑Other oats ofnsnam(•Offor-), dated 01n0/2016 , on properly known as 6036 Stafford Huntington Park CA 90058 ("Property"), between JonnY Sanchez ("Buyer") and Vernon C/tv (`Seller"). 1. TERMS: The terms and conditions of the above referenced document are accepted subject to the following: A. Paragraphs in the Offer that require initials by all parties, but are not initialed by all parties, are excluded from the final agreement unless specifically referenced for inclusion in paragraph 1 C of this or another Counter Offer. B. Unless otherwise agreed in writing, down payment and loan amounts) will be adjusted in the same proportion as in the original Offer. C. OTHER TERMS: D. The following attached addenda are incorporated Into this Multiple Counter Otter: Addendum No. i ❑ Q 2. EXPIRATION: Seiler is making Multiple Counter Offers to other prospective Buyers on terms that may or may not be the same as in this Multiple Counter Offer. This Multiple Counter Offer shall be deemed revoked and the deposits, if any, shag be returned: A. Unless by 5:0OPM on the third Day After the date Seller signs in paragraph 3 (if more than one Seller, then the last date) (or by ❑ AM Q PM on (Date)) all of the following occur. (i) Buyer has signed this Counter Offer AND (11) A copy of the Counter Offer signed by Buyer is personally received by Seller or who is authorized to receive it. AND (iii) After Buyer signs in paragraph 4, Seiler signs in paragraph 5. AND (iv) A copy of this Multiple Counter Offer with Seller's signed selection in paragraph 5 is personally received by Buyer or who is authorized to receive iL (Note: Prior to the completion of 2A(i,Xii),(iii), and (iv) Buyer and Seller shall have no duties or obligations for the purchase or sale of the Property.) ORD. If Seller withdraws this Multiple Counter Offer anytime prior to Acceptance (CAR. form WOO maybe used). 4. THIS MULTIPLE COUNTER OFFER ON THE TFRUq AAOVI: •etn •ct[unran enmce oei-cmv ne ♦ runny 3CA6CFDAFAB41a7.. above receipt of a Copy. SUBJECT 1/25/2016 Date _ Date OFFER 1/25/2016 Date Time ❑ AM ❑ PM Date Time ❑ AM ❑ PM 1. ACCEPTED MULTIPLE COUNTER OFFER: By signing below, Seiler accepts this Multiple Counter Offer. NOTE TO SELLER: Do �f�5jp� h.p �t� until after Buyer signs in paragraph 4. 1/26/2016 IA. Vo non _r_:.y Date Time ❑ AM ❑ PM 3CA6CFDAFPBMa7 ---_ Date Time ❑ AM ❑ PM ( / ) (Initials) Confirmation of Acceptance: A Copy of the Signed Setter Selection was personally received by Buyer or Buyer's authorized agent on (date) at ❑AM ❑ PM. A binding Agreement is created when a Copy of the Signed Seller Selection is personally received by Buyer or Buyer's authorized agent whether or not confirmed in this document. O 2013, California Association of REALTORS*, Inc. United States copyrtplk law (rde 17 U.S. Code) forbids On unautlwrized distrbutlon. display and reproduction of Ills form, or any portion thwoof, by photocopy machine or any other means, including facsimile or compulertced formats. THS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSO{CAR.). NO REPRESENTATION IS MADE AS TO THE LEGAL. VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON OUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made avaiable to real Waft professionals though on agreement with or purchase from the CaAlomfa Association of REALTORS& it is not Worded to identify tin user as a REALTORS. REALTORS is a reghlered cokedvo membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORSO who subsato to its Cafe of Ethics. PuNshad and Distributed by: „ REAL ESTATE BUSINESS SERVICES, INC. a subsidiary of the California Association of REALTORS@ � ` . 525 South WO Avenue, L.os Angeles, CWomis 90020 3MC011113 (PAGE 1 OF 1) SELLER MULTIPLE COUNTER OFFER Ce"" 21 A*Ww% f 1"T.MWWh Are. 2" now No uww. CA sue Reviewed by Data :0PAGE 1OF1) Fhww; (MA 795~ Fax: (162) W-U75 atoll sran«a Aw j C A L I FORNIA ASSOCIATION ADDENDUM --� O F REALTORS' (CA.R. Form ADM, Revised 4112) NO. 9 The following terms and conditions are hereby incorporated in and made a part of the: ❑X Residential Purchase Agreement, ❑ Manufactured Home Purchase Agreement, ❑ Business Purchase Agreement, ❑ Residential Lease or Month -to -Month Rental Agreement, ❑ Vacant Land Purchase Agreement, ❑ Residential Income Property Purchase Agreement, ❑ Commercial Property Purchase Agreement, ❑ Other dated January 20, 2016 on property known as 6036 Stafford Ave Huntington Park, CA 90058 in which Jonnv Sanchez is referred to as ("BuyerfTenant") and Vernon City is referred to as ("Seller/Landlord"). 1) Buyers deposit shall be increased to $5 000 2) Seller will not pay for tennite report and completion. 3) Buyer shall within T days after acceptance give escrow holder a completed statement of information. 4) For purposes of time periods in this contract buyers agent is authorized to receive all documents 6 notices on behalf of the buyer or buyers. 5) The full copy of the Appraisal Report shall be provided to seller upon receipt. 61 Seller's choice of Termite, Escrow, Title, Home Warranty and Natural Hazard Report Companies, 7) Swffon 1(D) — Close of Escrow. "Escrow shall close no later than 10 days following Bna/ awrova/ and acceptance of the sale by the Vernon City Council." 8) Section 321A) shall be added to purchase contract: "Notwithstanding the provisions of Sections 300) and 32, final acceptance bit Seller shall be expressly contingent on approval of the transaction by the Verron City Council. Both Buyer's and Seller's obligations running from the "acceptance" date shall run from the date the agreement is signed by the Vernon City Adminixtre,(or an behalf of the M of Vernon and transmitted to Buyer and/or Su is agent. Thmufter, the Vernon City Council shall have up to 14 days following the written notice of removal of all Buyer contingencies or until the next regularly scheduled Vernon City Council meeting following written notice of the removal of all Buyer contingencies, whichever is later, to provide its final approval and acceptance of the sale The Vernon Chy Council reserves the sole and exclusive right to approve or not approve the sale once all SyWs c ndnaencies are removed In the event of non-sparova/ and nonacceptance Seller shag have no further obligations to Buyer of any kind or nature." The foregoing terms and conditions are hereby agreed to, and the undersigned acknowledge receipt of a copy of this document. 1/25/2016 1/25/2016 Date °O°"s'e'"' .. ,.�� BuyerfTenant ` Donny Sanchez Buyerf ranant Date I Ill. 1 ` rr Selledl-andlord Ut.v"'. U4 t�ig7 Seller/Landlord The copyright laws of the United Stan (Tide 17 U.S. Code) forbid the unauthorized reproduction of this form, or any portion thereof. by photocopy machine or any other metme, inducting facsimile or computerized formats. CopyrightO 19W2012, CALIFORNIA ASSOCIATION OF REJLL.TORSe, INC. ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS* (CAR.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This Conn is available for use by the entire real estate Industry. R is not interned to idenVy the user as a REALTORS. REALTORS is a registered collective mambas* mark which may be used only by nombers of the NATIONAL ASSOCIATION OF REALTORSe who subscribe to its Code of Ethics. r PubMW and Distributed by: e REAL ESTATE BUSINESS SERVICES, INC. • avaWW7 offt CaMwW Association of WALTORSO c 525 South Virgil Avenue. Los Angeles, CaNfarnis 9MG R&vWwad by Date ADM REVISED 4112 (PAGE 1 OF 1) Wpopffuliffy ADDENDUM (ADM PAGE 1 OF 1) Cstrry 21 Arrran. 9155 TdWq* Ave. :ad now Ma ILLrea, CA ""ll Ptwrw: 0412) 75"M7 FAX (SO) t63-nn NJf S4RM An DocuSign Envelope ID: 4BCB2FB6-F652-4F7F-85DO-88750DOF0466 DocuSign Envelope ID: C97878OC-44FE-43F9-A509-2074BFOA0871 j CAL i F O I; N I A REQUEST FOR REPAIR No. 1 i ASSOCIATION (Or other Corrective Action) +�� OF IZ E A L T O R S" (C.A.R. Form RR, Rovieed MIS) Date Prepared: 0210112016 In accordance with the terms and conditions of the: Purchase Agreement or®Other ('Agreement'), dated 01/20/2016 , on property known as 6036 STAFFORD AVE HUNTINGTON PARK CA 90255 ("Property), between JONNY SANCHEZ ("Buyer"), and OWNER OF RECORD ("Seller"). BUYER REQUEST: 1. (a) X Buyer requests that Seller, prior to final verification of condition, repair or take the other specified action for each item listed below or on the attached list dated 1 ROOF LEAKING ABOVE LIVING ROOM STAINS NOTED ON CIELING AND LEAKING IN EVE ON RIGHT SIDE OF FIREPLACE IN FAMILY ROOM 2,GARBAGE DISPOSAL DID NOT OPERATE 3,BA TH #2 HAS A LEAKING TOILET 4 BATH #3 HAS A LOOSE TOILET AND LEAKING BATH FAUCET (b) (i) j SECTION 1: Buyer requests Seller pay to have Section 1 work completed as specified In the attached Pest Control Report dated prepared by (11) SECTION 2: Buyer requests Seller pay to have Section 2 work completed as specified in the attached Pest Control Report dated prepared by (iii) If Buyer requests either Section 1 or Section 2 work above, Seller shall, no later than 5 (or ) Days Prior to Close of Escrow, Deliver to Buyer a written pest control certification showing the corrective work has been completed. (c) Buyer requests that Seller credit Buyer $ at Close of Escrow. (Note: Credits need to be disclosed to Buyer's lender and total contractual credits may be limited pursuant to the Agreement. Total credit amount may not be enough to remedy all defects or repairs.) (d) Buyer requests that Seller reduce the purchase price to $ 2. A copy of the following Inspection or other report is attached. Buyer [ .. JONNYSANCHEZ Date 0210112016 Buyer Fasue. Date SELLER RESPONSE: ;Seller agrees to all of Buyer's Request provided in writing (see below) (1) Buyer removes the physical inspection contingency, (11) , Buyer removes those contingencies identified on the attached Contingency Removal Form (C.A.R. Form CR) which must be signed by Buyer, and (iii) Buyer releases Seller from any loss, liability, expense, claim or cause of action regarding the disclosed condition of the Property ("Release"). Seiler does NOT agree to any of Buyer's requests 1 X; S IoreepoLI r's request on the attached form (C.A.R. Form RRRR) Sell r:.Date 2/8/2016 Seller: Date DRD If Seller agrees to all of Buyer's request, Buyer hereby removes the physical Inspection contingencies and those Identified on the attached CR form signed by Buyer and agrees to the above Release. Buyer. Date Buyer: Date 02015. Cofdomio Aeaocla0on of REALTORSO, Inc. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSO (CAR.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL Pu"Shad ind Dtobibuled b1r. . REAL ESTATE BUSINESS SERVICES. INC. ` • eubafdhuy of lln CaUOomfo AaaoehRon of REALTORSO .� .525 South Vk$ Avenue, Loa Anpdea, Cal forma 90020 Rovlowed by Dale RR REVISED 12f15 (PAGE 1 OF 1) Garry 1l A110M 1ISS Tabpyb Rd Ma alms, CA SKN Phone 1011ST1401 Fax ustI11101 Mart Rabin Ilmdueed aeb dpFUMO by dpLapbt 16070 FMaoo Wo Rod. From, Wdvom 46026 yamLdWjdLMla CALIFORNIA SELLER RESPONSE AND BUYER REPLY 4L ASSOCIATION TO REQUEST FOR REPAIR No. 1 �f�► OF R E A L T O R S '� (Or other Corrective Action) (CAR. Form RRRR, Revi"d 12115) In accordance with the terns and conditions of the: Request For Repair No. 1 dated 02(0112016 , on property known as 6036 Stafford Ave. Hundnnton Park, CA 90058 ("Property"), between Jonnv Sanchez ("Buyer"), and Vernon City ("Sellsr). SELLER RESPONSE TO BUYER REQUESTS: 1. Seiler agrees: (Check all that apply). A. ® to all of Buyer's requests in Request for Repair No. 1 , except: B. H at Close of Escrow, to credit Buy4 C. to reduce the purchase price to $ D. Other (Note: Credits need to be disclosed to Buyer's lender and total contractual credits may be limited pursuant to the Agreement. Total credit and price reduction amount may not be enough to remedy all defects or repairs.) 2. Semes agreement only applies if Buyer. A. Removes in writing the physical inspection contingency, B. © Removes those contingencies identified on the attached Contingency Removal form (CAR. Form CR No. 1 j, which must be signed by Buyer, AND C. Releases Seller and Brokers from any loss, liability, expense, claim or cause of action regarding the disclosed condition of � rty ("Release"), SSIle�UMWM. 1 _Vernon City Date 2/8/2016 Seller Date BUYER REPLY TO SELLER RESPONSE: 1. A. Buyer accepts Seller's response; OR B. ❑ Buyer accepts Seller's response with the following modification: OR C. Buyer withdraws Request for Repair No. , and makes a new request in the attached Request for Repair No. 2. Buyer If Buyer accepts Seller response (1 A) or if Seller agrees below to Buyer modifications In 18, then Buyer (I) will be deemed to have withdrawn all requests for items that Seller has not agreed to; (ii) hereby removes the physical inspection contingency,(iii) l+e+eteew es those contingencies on the attached CAR. Form CR, which is signed by Buyer, and; (iv) agrees to the fa� 2/9/2016 Date Buyer Dale ONLY APPLIES IF BUYER CHECKS 18 Seller Agreement: ❑ Seller agrees to the Buyer modification on the terms provided above. Seller Rejection: ❑ Seller does not agree to the Buyer modification. Seller Date Seller Date O 2015, Calfomb Association of REALTORSO, Inc. Urftd States copyright law M N 17 U.S. Cale) forbids to unautfuntwd dis1ritru8on, dlapfay and raproduclon of this form, or any porhiar thereof, by phobaopy machim or any odw means. irvckxMV faaimib or oamputwised formaw THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS* (CAR.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is nred* avalable to real *stab gcNaskwWo tfaough an agreernant with or purdw* from the Caffamis Asaocistim of REALTORSO. A is not inimWed to Identify the user as a REALTOFW. REALTOR& is a r*gWered doMdiv* rrwnbwship mark which may be used orYy by members of 1» NATIONAL ASSOCIATION OF REALTORSO who subscribe to fb Cale of Ethics. r Published and Distributed by: INC. REAL ESTATE BUSINESS SERVICES, " a subakfary dlle Cafdbrrda Assodedon of REALTORSO c * US South VkVd Avenue. Los Mp", CWwnb 90020 Reviewed by _ Dab RRRR Revised 12HS (PAGE 1 OF 1) �i t RESPONSE AND REPLY TO REQUEST FOR REPAIR (RRRR PAGE 10F 1) C Wwy 21 AaMwn, 9IM T*kjp An. 2d rfw Mr* Wwwa. CA raafe Phow. 00 7MMW Fad (5) tKMM UM Saba* A" 1.*tb Sr nhi Pe &aml wit zWd me by zolo* ISM FMwn Aft 11" Fraaw, Mtd+ipn 4M =wLzhLsW L= j C A L I F O R N I A CONTINGENCY REMOVAL No. 1 ASSOCIATION (C./1.R. Form CR Revvised,12115) _�v OF KEALTOP V'' In accordance with the terns and conditions of the:_.W Residential Purchase Agreement (CAR. Form RPA-CA), ❑ Request For Repair, ❑ Response And Reply To Request For Repair or Lj Other ("Agreement"), dated 0112012016 , on property known as 6036 Stafford Ave, Huntington Park, CA 90058 ("Property"), between Jonny Sanchez ("Buyer") and Vernon City ("Seller"). 1. BUYER REMOVAL OF BUYER CONTINGENCIES: 1. With respect to any contingency and cancellation right that Buyer removes, unless otherwise specified in a separate written agreement between Buyer and Seller, Buyer shalt conclusively be deemed to have: (1) completed all Buyer Investigations and review of reports and other applicable information and disclosures; (11) elected to proceed with the transaction; and (lit) assumed all liability, responsibility and, expense, if any, for Repairs, corrections, or for the inability to obtain financing. Waiver of statutory disclosures is prohibited by law. 2. Buyer removes those contingencies specified below. A. ONLY the following individually checked Buyer contingencies are removed: 1. Loan (Paragraph 3J) 2. Appraisal (Paragraph 31) 3. Buyer's Physical Inspection (Paragraph 12) 4. All Buyer Investigations other than a physical inspection (Paragraph 12) 5. Condominium/Planned Development (HOA or OA) Disclosures (Paragraph 10F) 6. Reports/Disdosures (Paragraphs 7 and 10) 7. Title: Preliminary Report (Paragraph 13) 8. Sale of Buyer's Property (Paragraph 4B) 9. Review of documentation for leased or liened items (Paragraph 8B(5) 10. 11. OR B. © ALL Buyer contingencies are removed, EXCEPT: []Loan Contingency (Paragraph 3J); [)Appraisal Contingency (Paragraph 31); ❑ Contingency for the Sale of Buyer's Property (Paragraph 413); ❑ Condominium/Planned Development HOA) Disclosures (Paragraph 18F); ❑ Other OR C. [I BUYER HEREBY REMOVES ANY AND ALL BUYER CONTINGENCIES. 3. Once all contingencies are removed, whether or not Buyer has satisfied himihereelf regarding all contingencies or received any information relating to those contingencies, Buyer may not be entitled to a return of Buyer's deposit If Buyer does not close escrow. This could happen even if, for example, Buyer does not approve of some aspect of the Property or lender does not approve Buyer's loan. NOTE: Paragraph numbers refer to the California Residential Purchase Agreement (CAR. Form RPA-CA). Applicable paragraph ream tin gency or contractual action in other C.A.R. contracts are found in Contract Paragraph Matrix (CAR. Form CPI). ,-�� .� � ;1 � . 2/9/2016 Data Buyer Data SELLER REMOVAL OF SELLER CONTNGENCIES: Seller hereby removes the following Seller contingencies: ❑ Contingency for Seller's purchase of replacement property (CAR. Form SPRP); ❑ Other Seller Vemon City Date Date (Initials) CONFIRMATION OF RECEIPT: A copy of this signed c:ont(ngency01emoval was personany Ir Buyer El Seiler or authorized agent on 3: 30 pm (date), at 22�/922 ❑ AM/ [] PM. 0 2003-2015, Caliilmia Ass=Ww of REALTORSO. k►c. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSA (CAR.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL. PubMhed and DisirbuMd by: REAL ESTATE BUSINESS SERVICES, INC. U.101 awbsldaryofewCaftmiaAsmi limo1REALTORSe So d i Vkyil Avsmu, Los AngaMs. Cairamia 90020 Rad -w by ,_ Dam —� CR REVISED 121`15 (PAGE 1 OF 1) �.. CeMwy 21 A10— 913S TdWso Ave. 2d /Lee Ma elves. CA 911W Rom:1%2) T 54M Fw (562) LL3.3275 NSf ShnWd Ave 1."fVr frrebra Pradaund wit &VF0M l by 2i0I.aa1x 14070 FVmn Nb ftwd. Frew, i 40M yp111 JWLQgk&n O—Sign Emralopa 10: SF86DA42-FC69.4564430E-027848F012EE 12631 E IMPERIAL HWY A-213 SANTA FESpitmrj, CA 90670 OFFEE: (949) 954-6571 FAX (949) 954-6575 ESCROW INC. WWW.PARKFIELDESCROW.COM SALE ESCROW INSTRUCTIONS TO: Parklk[d Escrow, Inc. Date: January 27, 2016 Ewer tNTieer: Markds Erpbrora Ew Number: i3xs2-ME PARKFIELD ESCROW, INC. CONDUCTS ESCROW BUSINESS UNDER A LICENSE ISSUED TO IT UNDER IDENTIFICATION No. 9632311 BY THE CALIFORNIA DEPARTMENT OF CORPORATIONS. Josay Snatcher. (hereinafter known as Buyer) agree to purchase from City Vernon City, a Municipal Corporation (hereinafter known as Seller) the real property set forth herein per the terms, conditions, consideration and 'instruction hereinafter stated. The Seller and Buyer herein shall deliver these signed escrow instructions to Parkffetd Escrow, Inc., (hereinafter known as Escrow Holder), within 5 calendar days after receipt of same. Terris 0 rossctMn Buyer has deposited with escrow S 5,0000 Buyer will deposit prior to close of escrow S 14,900.00 Buyer to Obtain a New 1" Trust Deed in the amount of S 378.100.00 Buyer to Obtain a New 2nd Trust Deed in the amount of S TOTAL CONSIDERATION: S 3 900 00 Furthermore, I will execute and deliver any instruments and/or funds which this escrow requires to show title as called for, all of which you are instructed to use on or before February 26, 2016, provided you hold a Policy of Title insurance with the usual title company's exceptions, with a liability of not less than SyAfl00,00, covering property in the City of Haathtgtoa Park, County of Lax Angeles, State of California, described as follows See exhibit "A" attached hereto and made part hereof COMMONLY K WWN AS OM Stafford Avenue, Huntington Park. CA 90255 SHOWING TITLE VESTED tN JDony Sanchez, To Be Determined SUBJECT TO; 1. General and Special County and City (if any) Taxes for the current fiscal year, not due or delinquent, including any special levies, payments for which are included therein and collected therewith. 2. Lien of Supplemental Taxes, if any; assessed pursuant to the provisions of Chapter 3.5 (commencing with Section 75) of the Revenue and Taxation Code of the State of Cali forma. 3. Covenants, Conditions and Restrictions, reservations easements for public utilities, districts, water companies; alleys and streets, rights and rights of way of record, if any; also exceptions of oil, gas, minerals and hydrocarbons, and/or lease, if any, without the right of surface entry, 4. A New FHA FIRST Trust Deed to record, executed by Vence herein, securing a Note for 1378,100.00 in favor of T8D or order, bearing interest at a rate determined by the Lender, payable as required by the Lender. Buyers' execution of the loam documents shall be deemed approval of all terms and conditions contained therein. Escrow Holder is instructed to comply with all of the lender's requirements in connection with said new loan, INSTRUCTIONS TO ESCROW: BUYER TO QUALIFY FOR NEW LOAN: Buyer to apply, qualify for and obtain the new loan as set out above, and the depositing herein of the lenders loan documents shall constitute satisfaction of this condition. The Buyers' signatures on the lenders loan documents shall constitute their acceptance and approval of the tams and conditions contained therein. DEPOSIT RECEIPT: The Deposit Receipt dated 01/27116 is hereby acknowledged to be made a part of this agreement and the Buyer and Sella agree to be bound by the terms and conditions contained thereon. PRELIMINARY TITLE REPORT: Escrow Holder is instructed to order a copy of the Preliminary Title Report and, if any, covenants, conditions, and restrictions, Upon receipt, forward same to Buyer who will then have 5 days from receipt of same in which to approve or disapprove in writing. Absence of written notification by Buyer(s) of disapproval within specified time shall be deemed Buyer`s approval of all documents and deposit of final closing funds by Buyer shalt satisfy this condition in full. FIRE INSURANCE: Buyer herein agrees to famish new fire insurance prior to the close of escrow with sufficient coverage on the dwelling for replacement of subject property. Buyer to deposit sufficient funds as called for by Escrow Holder to pay first year Premium at close of escrow, Lender's release of loan funds shall be deemed their approval of said insurance coverage. ATTACHED HERETO AND MADE A PART HEREOF My iaidafs below repnrrsrrnt any agrement and acknowledgement ofmo faregaing Pager / os BUYER INITIALS ____ SELLER INITIALS �� DacuSign Envelops ID: SFWDA42-FCW4564-930E-027846Fo12EE Parkrteld Escrow, Inc. Darr. January 27, 2016 Escrow No. 13852-ME PRELIMINARY CHANGE OF OWNERSHIP REPORT: Prior to the close of escrow, Grantee shall cause to be handed to Escrow Holder a fully completed and executed "Preliminary Change of Ownership Report" pursuant to the requirements and in accordance with Section 480.3 of the Revenue and Taxation Code, State of California. If Granted so chooses, Grantee may elect not to complete and execute said form prior to the close of escrow. In such an event. Grantee is aware that a S20.00 charge will be assessed by the County Recorder's Office and Escrow Holder will charge the account of the Grantee accordingly. Escrow Holder's sole duty shall be the delivery of said form to the County Recorder at the time of recordation of transfer documents. ESCROW CANCELLATION FEE: Borrower is aware that in the event this escrow is cancelled. Borrower shall pay a cancellation fee of S500.00 to Escrow Holder. Said cancellation fee to be deducted from funds on deposit upon written and/or verbal notice of cancellation by Lender or Borrower. Buyer shall within 7 days of acceptance give escrow holder a completed statement of information. For purpose of time periods in this contract, buyers agent is authorized to receive all documents and notim on behalf of the buyer or buyers. The foU copy of the appraisal report shall be provided to the seller upon receipt. Section ID Close of Escrow- Escrow shall close no later than 10 days Mewing Bnal approval and acceptance of the sale by the Vernon City Council. Section 3IA Shall be added to purchase contract- Notwithstanding the provisions of section 30A and 32, Boat acceptance by seller shall be expressly contiageat on approval of the transaction by the Vernon City Council, both buyer's and seller's obligations running from the "acceptance" date shall ran from the date of agreement is signed by the Vernon City Admfnbtrater on behalf of the city sf Vernon sad transmitted to buyer and/or buyer's agent. Thereafter the Vernon City Council shall have up to 14 days fallowing the written notice of removal of all buyer contingencies, or until the next regularly scheduled Vermin City Council meeting following written notice of removal of erg buyer contingencies, whichever is later to provide its final approval and acceptance of the sale. The Vernon City council reserves the sole and exclusive right to approve or not approve the sale once buyer's contingencies are removed. In the event of son -approval and aan-aeceptance, seller shall have no further obligations to buyer of any bind or nature. HOME WARRANTY PROTECTION PLAN: Seller to provide a one-year Home Protection Plan for subject property and hereby authorizes Escrow Holder to pay for same at the close of escrow from proceeds due Seller herein not to exceed S450.00. FACSIMILE SIGNATURES: In the event any party utilizes 'Facsimile" transmitted signed instructions to Escrow Holder, you are to rely an same for all escrow instruction purposes and the closing of escrow as if they bore original signatures. Said party shall provide to Escrow Holder, within 72 hours afier transmission, original signatures. Notwithstanding the foregoing, any and all escrow instructions pertaining to the release or disbursement of funds from escrow prior to close of escrow requires original, NOTARIZED signatures. Parties herein ate advised that documents with non -original signatures may not be accepted for recording by the County Recorder, thus making impossible the closing of this escrow without the submission of original documents. SUPPLEMENTAL TAX INFORMATION: The tax assessor has the right to reassess the subject property after close of escrow and issue a supplemental tax bill to the Buyer, who shell be solely responsible for same. In the event the Seller receives ■ supplemental to bill for prior tax year(s) before close of escrow, charge Seller's account. Supplemental tax bills for any tax period prior to close of escrow is the sole responsibility of the Seller. If any such supplemental tax bill has been issued for this current tax year, it is the Seller's respoasibdky to forward said bill to the new Buyer, and the Buyer's responsibility for payment of same. In such event said supplemental bill will be added to the current tax bill and prorated accordingly at clan of escrow. TAX BILLS ISSUED AFTER THE CLOSE OF ESCROW SHALL BE HANDLED DIRECTLY BETWEEN BUYER AND SELLER, IRS 10" REPORTING DISCLOSURE: Parties arc made aware that we are required by law to report the total "gross" proceeds (total considentionisales price) on all real estate sales to the IRS N closing In addition, parties are further made aware that Escrow Holder will also be required by H.R. 639 "Home Sale Tax Fairness Act of 1992" to report to IRS the amount of real estate property taxes apportioned between the parties at close of escrow. Seller is to complete, sign and return the attached certification form to Escrow Holder, (all sellers must sign), and this escrow may not close if this form is not received prior to closing. This is an IRS requirement, and any questions should be directed to the Treasury Department and not Escrow Holder. NOTE: Corporations are automatically exempt from IRS 1099 reporting. INSTRUCTIONS NOT TO SUPERSEDE: These escrow instructions are executed for the sole purpose of enabling the Escrow Holder to complete this transaction, and arc not intended to amend, modify, supersede or in any way change that certain agreement entered into by the parties hereto and dated prior to these escrow instructions. Parklfaht Escrow, Inc., its officers and/or employees shall not be concerned with said agreement or any matters as contained therein and is responsible only for such matters as are specifically set out above in the instructions. MEMORANDA: THE FOLLOWING ARE SHOWN AS A MATTER OF AGREEMENT BETWEEN PARTIES ONLY. ALL PARTIES ARE AWARE AND ACKNOWLEDGE THAT ESCROW HOLDER SHALL HAVE NO RESPONSIBILITY WITH REGARD TO THESE ITEMS. ESCROW HOLDER WILL TAKE NO ACTION WITH RESPECT TO THESE ITEMS EITHER BEFORE OR AFTER THE CLOSE OF ESCROW: CHANGES DURING ESCROW: Prior to the close of escrow, Seller agrees not to (1) rent or lease any vacant unit, or other part of the premises, (2) after, modify or extend any existing lease agreements or (3) enter into, after, modify or extend any service contract(s), without first having obtained Buyers written approval. AGENCY CONFIRMATION: The following agency relationship(s) arc herby confirmed for this transaction: Page 2 DocuSlgn Etwalaps ID: 5FSBDA42-FC69.456A-930E-027846F012EE Parklleld Escrow, Inc. Date: January 27, z016 Escrow No 13852-ME Listing Agent Luther Sanchez is the agent of the Seller. Selling Agent Martin Robles is the agent of the Buyer SMOKE DETECTOR(S): State law requires that residences be equipped with an operable smoke detector(s). Local ordinances may have additional requirements. Unless exempt, Seller shall deliver to Buyer a written statement of compliance in accordance with applicable state and local law prior to close of escrow. CONDITION OF PROPERTY: Seller warrants that on the date possession is made available to Buyer. The built-in appliances and plumbing, heating/air conditioning, electrical, water, sewer''septic, and pool/spa systems, if any, shall be operative. The roof shall he free of known leaks, All broken or cracked glass shalt have been replaced. All other items, including landscaping, grounds, and pool/spa, if any, shall be maintained in the same condition as on the date of acceptance of the offer. FIXTURES: All existing fixtures and fittings that are attached to the property or for which special openings have been trade are included in the purchase price, (unless excluded elsewhere in these instructions) and are transferred free of liens, including, but not limited to, electrical, light, plumbing and heating fixtures, solar systems, fireplace inserts, built-in appliances, screens, awnings, shutters, window coverings, attached Boor coverings, T.V. antennastsatellite dishes and related equipment, private integrated telephone systems, air cooler or conditioner, pool and spa equipment, water softeners (if owned by Seller), security systems and/or alarms (if owned by Seller), garage door openershemote controls, attached fireplace equipment, mailbox, all in -ground landscaping including trees and shrubs RETROFIT: Compliance with any minimum mandatory government retrofit standards, including proof of compliance, shall be paid for by seller ENERGY CONSERVATION RETROFIT: If local ordinance requires that the property be brought in compliance with minimum energy Conservation Standards as a condition of transfer, Buyer shall comply with and pay for these requirements. LIQUIDATED DAMAGES CLAUSE: Buyer and Seller have initialed the "Liquidated Damages" clause contained in the Real Estate Purchase Contract for the subject property. ARBITRATION CLAUSE: Buyer and Seller have initiated the "Arbitration" clause contained in the Real Estate Purchase Contract for the subject property. SELLER REPRESENTATION: Sella warrants that Seller has no knowledge of any notice of violations of City, County, State, Federal, Building, Zoning, Fire, Health Codes or ordinances, or other governmental regulation filed or issued against the property. This warranty shall be effective until date of close of escrow. *END OF MEMORANDUM ITEMS' THE FOLLOWING PRORATIONS AND/OR ADJUSTMENTS ARE TO BE MADE AS OF: CLOSE OF ESCROW L. Real Property Taxes based on latest available tax bills WE, JOINTLY AND SEVERALLY, ACKNOWLEDGE RECEIPT OF A COMPLETE COPY OF THE WITHIN ESCROW INSTRUCTIONS AND BY OUR SIGNATURES SET FORTH BELOW, ACKNOWLEDGE THAT WE HAVE READ, UNDERSTAND AND AGREE TO BE BOUND BY THE TERMS AND CONDITIONS CONTAINED THEREIN, IN THEIR ENTIRETY. Bayer's Signature: Jonny Sanchez The foregoing terms, provisions, conditions and instructions are hereby approved and accepted in their entirety and concurred with by ma I will hand you necessary documents called for on my part to cause title to be shown as set out herein, which you are authorized to deliver when you hold or have caused to be applied to funds set forth herein within the time as herein provided- You are authorized to pay on my behalf, my recording fees, charges for evidence of title as called for whether or not this escrow is consummated, except those the Buyer agreed to pay. You are hereby authorized to pay bonds, assessmarts, taxes, and any liens of record, including prepayment penalties, ifany, to show title as called for. You are further instructed to pay documentary transfer tax on deed as required. You are further authorized and instructed to pay commission as set forth on separate instructions made a part hereof. Seller's Signature: City Vernon City, a Municipal Corporation Pigs 3 DocuSign Envelope ID: 5F680A42-FC69-4564-930E-027846F012EE Parkfield Escrow, Inc. ao[uSlp�ed by B 1Yjf�g�l�ininistrator ATTACHED HERETO AND MADE A PART HEREOF My initials below represent my agreement and acknowledgement of the foregoing Page 4 BUYER INITIALS SELLER INITIALS Qt Date: January 27, 2016 Escrow No 13952-ME DocuSign Envelope ID 5F88DA42-FC694564-930E-027B46F012EE Parklield Escrow, Inc. Date: January 27, 2016 Escrow No 13952-d1E ADDITIONAL ESCROW INSTRUCTIONS AND PROVISIONS L The parties to this escrow are made aware that Escrow Holder has no obligation to verify signatures of any of the parties Involved. 2. You shall net be responsible for the following: (1) the sufficiency or correctness as to form, manner of execution or validity of any documents deposited in this escrow: (2) the idcatity, authority, or right of any person executing the same, either as to documents of record or those handled in the escrow: or (3) the failure of any party to comply with any of the provisions of any agreement, contract or other instrument filed or deposited in this escrow or referred to in those escrow instructions. Your duties shall be limited to the safekeeping of money and documents received by you as Escrow Holder and for the disposition in compliance with the written instructions accepted by you in this escrow. You shall not be required to take any action regarding the collection, maturity, or apparent outlaw of any obligations deposited with you unless otherwise instructed in writing. 3. Where the assignment of any insurance policy from Seller to Buyer is concerned, Seller guarantees to you any insurance policy handed you in this escrow is policy in force, the policy has net been hypothecated and that all necessary premiums have been paid. You are authorized to execute on behalf of the parties assignments of interest in any insurance policy (other than title insurance policies) called for in this escrow, you are authorized to transmit for assignment any insurance policy to the insurance agent requesting that the insurer consent to such assignment, to request that a loss payee clause or such other endorsements as may be required be issued and to forward such policy to the tenders and entitled parties. You shall not be responsible for verifying the acceptance of the request for assignment and policy of insurance by the insurance company. The parties mutually agree that you will make no attempt to verify the receipt of the request for assignment by the issuing insurance company. All parties are placed on notice that if the insurance company should fait to receive the assignment, the issuing company may deny coverage for any loss suffered by Buyer. IT IS THE OBLIGATION OF THE INSURED OR THE INSUREDS REPRESENTATIVE TO VERIFY THE ISSUING COMPANY'S ACCEPTANCE OF THE ASSIGNMENT OF THE POLICY. 4. You are not to be held responsible in any way whatsoever for any personal property tax which (nay be assessed against any former or present owner of the subject property described in these escrow instructions, nor For the Coporation or license tax of any corporation as a former or present owner. 5. If it is necessary, proper or convenient for the consummation of this escrow, you are authorized to deposit or have deposited funds or documents, or both, handed you under these escrow instructions with any duly authorized sub-cscrow agent, including, but not limited to, any bank, trust company, title insurance company, title company, savings and loan association, or licensed escrow agent, subject to your order at or before close of escrow in connection with closing this escrow. Any such deposit shall be deerned a deposit under the meaning of these escrow instructions. 6. The parties to this escrow have satisfied themselves outside of escrow that the transaction covered by this escrow is not in violation of the Subdivision Map Act or any law regulation land division, zoning ordinances or building restrictions which may affect the land or improvements that are the subject of this escrow. You, as escrow holder, are relieved of all responsibility and liability in connection with such laws, ordinances, restrictions or regulations and are not to be concerned with any of thcir enforcement. 7. If any form of Purchase Agreement of amendment or supplement (collectively "Purchase Agreement") is deposited in this escrow, it is understood that such document shall be effective only as between the panics signing the Purchase Agreement. You, as Escrow Holder, are not to he concerned with the terms of any Purchase Agreement and are relieved of all responsibility for the enforcement of its terms. Your only duty is to comply with the instructions set forth in the escrow instructions-. You are not responsible for interpreting at acting on any provision of any Purchase Agreement on which these escrow instructions may be based and you shall not rely an any knowledge or understanding you may have of any such Purchase Agreement in ascertaining or performing your duties as Escrow Holder. to connection with any loan transaction, you art authorized to deliver a copy of any Purchase Agreement, supplement or amendment and a copy of all escrow instructions, supplements or amendments to the lender. 8. You shalt make no physical inspection of the real property or personal property described in any instruments deposited in, or which is the subject of this escrow. You have made no representations or warranties concerning any such real property or personal property and are not to be concerned with nor liable for the condition of real property or persona! property. 0. The parties authorize the recordation of any instrument delivered through this escrow if necessary or proper for the issuance of fie required policy of title insurance or for the closing of this escrow. Funds, instructions or instruments received in this escrow maybe delivered to, or deposited with any title insurance company or title company to comply with the terms and conditions of this escrow. 10. You are to use your usual document forms or the usual forms of any title insurance company or title company and in our instructions insert dates and terms on the instruments if incompieie when executed. 11. If the date by which Buyer's or Seller's performances are due shall be other than your regular business day, such performances shall be due on your next succeeding business day 12. You shall conduct no lien or title search of personal property regarding the sale or transfer of any personal properly through this escrow.. Should the parties desire that you conduct a lien or title search of personal property, the parties requesting the same shall deliver separate and specific written escrow instructions to you along with an agreement to pay your additional escrow fees. 13, You shalt not be responsible in any way whatsoever nor are you to be concerned with any question of usury in any loan or encumbrance, whether new or of record, which may arise during the processing of this escrow ATTACHED HERETO AND MADE A PART HEREOF tlfy initials below represent my agreement and acknowledgement of the foregoing Page 9 as BUYER INITIALS SELLER INITIAL QW DocuSign Envelope TD: 5F8BDA42-FC69.4564-930E-027B46F012EE Parkfteld Escrow, Inc. Date. January 27, 2016 Escrow No 13852-ME 14 The parties agree to deliver to you all documents, instruments, escrow instructions and funds required to process and close this escrow in accordance with its terms. 15. You are instructed to provide title to the subject real property in the condition identified in the escrow instructions by the parties You are not responsible for the contents or accuracy of any beneficiary demands and/or beneficiary statements delivered to you by the existing lienholders, You are not required to submit any such beneficiary statements and/or demand to the parties for approval before the close of escrow unless expressly instructed to do so in writing Should the parties desire to pre -approve any such beneficiary statement and/or demand, the parties requesting the same shall deliver separate and specific written escrow instructions to you. 16. You are not to be responsible in any way whatsoever nor to be cnncemed with the terms of any new loan or the content of any loan documents obtained by any party in connection with this escrow except to order such loan documents into the escrow file, transmit the loan documents to Buyer for execution and transmit the executed loan documents to lender. The parties understand and agree that you are not involved nor concerned with the approval and/or processing of any loan or the contents and effect of loan documents prepared by a lender 17. The parties expressly indemnify and hold you harmless against third -party claims for any fees, costs or expenses where you have acted in good faith, with reasonable care and prudence and/or in compliance with these escrow instructions. You are not required to submit any such beneficiary statement and/or beneficiary demand to the parties for approval before the close of escrow unless expressly instructed to do so in writing, Should the party(ies) desire to pre -approve any such beneficiary statement and/or beneficiary demand, the party(ies) requesting the same shall deliver separate and specific written escrow instructions to you. I S. The Federal Tax Reform Act of 1986, as amended, and the California Revenue & Taxation Code, require certain transactions to be reported to the Internal Revenue Service and the California State Franchise Tax Board. In those transactions Seiler will furnish a correct tax identification number to you in you can report this transaction as required by law. Seller understands that Seller may be subject to civil or criminal penalties for failure to do so. 19. The panies agree that you have the responsibilities of an Escrow Holder only and there are no other legal relationships established in the terms and conditions of the escrow instructions. (n connection with this escrow: (1) You shall have no duty or responsibility of notifying any of the parties to this escrow of any sale, resale, loan, exchange or other transaction involving any of the subject real property or personal property; (2) You shall have no responsibility or duty to disclose any benefit, including, but not limited to financial gain, realized by any person, firm or corporation involving any of the subject real property or personal property; and (3) You shall have no responsibility or duty to disclose any profit realized by any person, firm or corporation including, but not limited to, any real estate broker, real estate sales agent and/or a party to any other escrow, in connection therewith, although such other transaction may be handled by you in this escrow or in another escrow transaction. If, however, you are instructed in writing by any party, Lender or other entitled person to disclose any sale, resale, loan, exchange or other transaction involving any of the subject real property or personal property or any profit realized by any person, firth or corporation to any party to this escrow, you shall do so without incurring any liability to any party. You shall not be liable for any of your acts or omissions done in good faith nor for any claims, demands, losses or damages made or suffered by any party to this escrow, excepting such as may arise through or be caused by your willful neglect or gross misconduct. 20. Buyer acknowledges that pursuant to the California Revenue & Taxation Code a Change of Ownership form is required by the county recorder to be completed and affixed to any documents submitted for recording which evidence a conveyance of tide. The Change of Ownership form shall be furnished to Buyer by you for Bttycr's completion and execution. Buyer is aware that if Buyer does not complete the form in full, sign and return it to you before closing, a penalty will be Assessed by the county recorder. if the Change of Ownership form is not Filed after the close of escrow within the time limits set forth by the county recorder, severe additional penalties will be assessed against the Buyer. For information and assistance In completing the Change of Ownership Form, Buyer may contact the County Recorder and Assessors offices in the county In which the subject property Is located. 21. The parties shall cooperate with you in carrying out the escrow instructions they deposit with you and completing this escrow The parties shall deposit into escrow, upon request, any additional funds, instruments, documents, instructions, authorizations, or other items that are necessary to enable you to comply with demands made on you by third parties, Insecure policies of title insurance, or to otherwise carry out the terms of their instructions and close this escrow. If conflicting demands or notices are made or served upon you or any controversy arises between The parties or with any third person arising out of or relating to this escrow, you shall have the absolute right to withhold and stop all funher proceedings in, and in performance of, this escrow until you receive written notification satisfactory to you of the settlement of the controversy by written agreement of the parties, or by the final order or judgment of a court of competent jurisdiction. All of the parties to this escrow, jointly and severally, promise to pay promptly on demand, as well as to indemnify you and to hold you harmless from and against all administrative governmental investigations, audit and legal fees, litigation and interpleader costs, damages, judgments, attorneys' fees, arbitration costs and fees, expenses, obligations and liabilities of every kind (collectively "costs") which in good faith you may incur or suffer in connection with or arising out of this escrow, whether said costs arise during the performance of or subsequent to this escrow, directly or indirectly, and whether at trial, or on appeal, in administrative action, or in an arbitration. You are given a lien upon all the rights, tides and interests of the parties and all escrow papers and other property and monies deposited into this escrow to protect your rights and to indemnify and reimburse you. If the parties do not pay any fees, costs or expenses due you under the escrow instructions or do not pay for costs and attorneys' fees incurred in any litigation, administrative action and/or arbitration, on demand, they each agree to pay a reasonable fee for any attorney services which may be required to collect such fees or expenses, whether attorneys' Fees are incurred before trial, at trial, on appeal or in arbitration ATTACHED HERETO AND MADE A PART HEREOF Afy initials below represent my agreement and acknowledgement of the foregoing Page 6 os BUYER INITIALS SELLER INITIALS Q� DocuSign Envelopa 10: 5FBBDA42-FC694564-930E-027B46F012EE Porktield Escrow, Inc. Date: January 27, 2016 Escrow No 13852-ME 22 ALL NOTICES, DEMANDS AND INSTRUCTIONS MUST BE IN WRITING, No notice, demand, instruction, amendment, supplement or modification of these escrow instructions shall be of any effect in this escrow until delivered in writing to you and mutually executed by all parties. Any purported oral instruction, amendment, supplement, modification, notice or demand deposited with you by the parties or either of them shall be ineffective and invalid. You Are to be concerned only with the directives expressly set forth in the escrow instructions, supplements and amendments thereto, and are not to be concerned with nor liable for items designated as "memorandum items" in the escrow instructions. These escrow instructions may be executed in counterparts. each of which shall be deemed an original regardless of the date of its execution and delivery All such counterparts together shall constitute the same document. The parties acknowledge and understand that you, as Escrow Holder, are fiat authorized to practice the law nor do you give financial advice. The parties are advised to seek legal and financial counsel and advice concerning the effect of these escrow instructions. The parties acknowledge that no representations are made by you about the legal sufficiency, legal consequences, financial effects or tax consequences of the within escrow transaction. 23. Notwithstanding any other provisions in these escrow instructions and in addition to other fees and costs to which you may be entitled, the parties, jointly and severally, agree that if this escrow is not consummated within ninety (90) days of the date set for closing, you are instructed to, and without further instructions, withhold your escrow hold open fee of S50.00 per month from the funds on deposit with you regardless of who deposited such funds. The parties, jointly and severally, further agree that if you are, for any reason, required to hold funds after close of escrow, you are instructed to, and without further instructions, withhold an escrow Lee of 550.00 per month from the funds an deposit with you regardless of who deposited such funds. The patties irrevocably instruct you to automatically cancel this file without further instructions when all funds an deposit have been disbursed. 24. Your Escrow Holder agency shalt terminate si.x 16) months fallowing the date fast set for close of escrow and shall be subject to earlier termination by receipt by you of mutually executed cancellation instructions. If this escrow was not closed or cancelled within the described six (6) month period, you shall have no further obligations as Escrow Holder except to disburse funds and documents pursuant to written escrow instructions and to interplead or otherwise dispose of funds and documents in accordance with a validly issued and validly served order from a court of competent jurisdiction. If the condition's of this escrow have not been complied with at the expiration date in these escrow instructions, you are instructed to complete the conditions at the earliest possible date, unless Buyer or Seller have made written demand upon you for the return of the funds and/or instruments deposited by Buyer or Seller and/or for cancellation of this escrow. Should demands be made upon you, you may withhold and .stop all further proceedings in this escrow without liability for interest on funds held or for damages until mutual cancellation instructions signed by all parties shall have been depoiacd with you. The parties, jointly and severally, agree that if this escrow cancels or is otherwise terminated and not closed, the parties shall pay for any costs and expenses which you have incurred or have become obligated for under these escrow instructions, including, but not limited to, attomeys' fees, arbitration fees and costs and reasonable escrow fees for the services rendered by you, the parties agree that such costs and expenses shall be paid and deposited in escrow before any cancellation or other termination of this escrow is effective. The parties agree that said charges for expenses, costs and fees may be apportioned between Buyer and Seller in a manner which, in your sole discretion, you consider equitable, and that your decision will be binding and conclusive upon the parties. Upon receipt of mutual cancellation instructions or a final order or judgment of a court of competent jurisdiction with accompanying writs of execution, levies or garnishments, you are instructed to disburse the escrow funds and instruments in accordance with such cancellation instruction, order or judgment and accompanying writ and this escrow shall, without further notice be considered terminated and cancelled. 25. If any check submitted to you is dishonored upon presentment for payment, you are authorized to notify all parties to the within escrow, their respective real estate brokers and real estate agents and any other person or entity you deem in you sole discretion necessary to notify. 26. The parties agree to release you from any and All liability of any kind or nature and to indemnify you from any loss, damages, claims, judgments or costs of any kind or nature resulting from or related to the release or discharge of hazardous or toxic wastes on the subject property whether it occurred in the past or present or may occur in the future which release or discharge is in violation of law, in excess of any state and federal standards, permit requirements andior disclosure requirements existing at this time or which may exist at a future time. The parties represent that they made their own assessment of the condition of the subject property and have not relied on any of your representations in making the assessment. The parties are advised to seek independent legal and technical environmental expert advice in assessing die risks associated with potential hazardous or toxic wastes. 27. In these escrow instructions, wherever the context so requires, the masculine gender includes the feminine and/or neuter and the singular number includes the plural. 28. You are authorized to destroy or otherwise dispose of any and all documents, papers escrow instructions, correspondence and records or other material constituting or pertaining to this escrow at any time after five (3) years from the date of: (I ) the close of escrow: (2) the date of cancellation: or (31 the date of the last activity without liability and without further notice to the parties. Buyer's Signature: Seller's Signature: Lonny Sanchez Cit Y Iilr(„ u u Municipal Corporation Q.�. U1ii.Sbtt. By AW1ld@4P, W imnistrator Page 7 DocuSign Envelope 10: 5FBBDA42-FC69.4564.930E-627846F612EE ParkBeld Escrow, Inc. Page 8 Date. January 27, 2016 Escrow No 13852-ME DocuSign Envelops ID: SFEBDA42.FC694564-930E-OZM46F012EE 12631 E IMPERIAL SaKrn FE SPaevcs. CA 90670 OFFICE_ (949) 9544571 ESCROW INC. FAX (949)954-6575 WWW.PARKFIELDESCROW.COM City Vernon City a Municipal Corporation Date: February 2. 2016 Escrow No.: 13952-ME Property: 6036 Stafford Avenue, Huntington Part, CA "255 • • • SELLER'S CERTIFICATION FOR REAL ESTATE REPORTING REQUIREMENTS In connection with the above numbered escrow that has been opened with us, we request the following tart information he completed and returned to this office prior to the close of escrow. This information is required by the Internal Revenue Service undo the 1996 Tax Reform Act. Any failure to complete this form fully and promptly return to escrow may result in delaying the close of your escrow. I.Taxpayer Name Line I: G i� 4 t'f - V C" n o V lb. Social Security/fIN/FEIN k: ic. %of Ownership: �G 2. Taxpayer Name Line 2: 2b. Social Security/fIN/FEIN q: 2c. % of Ownership: 3. Forwarding Street Address: q 3 G 5 5,-rFA FG *e- 4. City, State, Zip: Jcv vi ovt . C A4 °I 0065 _ S. Contract Sales Price: S 6. Is this an Exchange? Yes ❑ No 7. Taxpayer Type: (:]Individual ❑ Trust [l Estate ❑ Partnership ❑ Other NOTE: The Information on this form In being tarnished to the Internal Revenue Service. Under penalty of perjury, 1/We certify that the taxpayer I.D. number shown on this farm is my our correct Social Security or Federal Employer Identification Number. 1/We understand that I/We am/are required by law to provide my our correct taxpayer identification number and 1/We may be subject to aril or criminal penalties if We provide incorrect information. Date-2/8/2016 — __ -- -- --- Date City Vernon City, a Municipal Corporation 5o0=11 wrr. Q.. ks6m. _ By: ggy(��inistntor DoeuSign Envalape ID: SF88DA42-FC69-4564-93OF-027846FO12EE NOTICE OF CALIFORNIA WITHHOLDING & REPORTING Property 6036 Stafford Avenue, Haatington Park, CA f0255 Escrow No.: 138S2-ME Under California law (Rev & Tax Code 118662). a buyer may be required to withhold and deliver to the Franchise Tax Berard (FTB) an amount equal to 3.331• of the sales price ("Basic Withholding-) in the case of disposition of California real property interest ("Real Property") by either. 1. a seller who is an individual, trust or estate or when the disbursement instructions authorize the proceeds to be sent to a financial intermediary of seller; OR 2. a corporate seller that has no permanent place of business in California immediately after the transfer of title to the Real Property. Buyer may be subject to a penalty (equal to the greater of i o% of the amount required to be withheld or S500) for failing to withhold and transmit the funds to FTB in the time required by law. Buyer is not required to withhold any amount and will not be subject to penalty for failure to withhold if: a. the sales price of the Real Property does not exceed MOM, OR b. the seller executes a written certificate under penalty of perjury certifying that the seller is a corporation with a permanent place of business in California; OR c. the seller, who is an individual, trust, estate or a corporation without a permanent place of business in California, executes a written certificate under penalty of perjury certifying one of the following. i the Real Property was the seller's or decedent's principal residence (within the meaning of Internal Revenue Code (IRC) §121); ii.. the Real Property being conveyed was last used by the transferor as transferor's principal residence within the meaning of IRC §121; iii the Real Property is or will be exchanged for property of like -kind (within the meaning of IRC § 1031) but only to the extent of the amount of gain not required to be recognized for California income tax purposes under IRC §1031; iv the Real Property has been compulsorily or involuntarily converted (within the meaning of IRC 91033) and the seller intends to acquire property similar or related in service or use so as to be eligible for non -recognition of gain for California income tax purposes under IRC § 1033; or v the Real Property sale will result in a loss or net gain not required to be recognized for California income tax purposes. SELLER IS SUWECT TO PENALTIES FOR KNOWINGLY FILING A FRAUDULENT CERTIFICATE FOR THE PURPOSE OF AVOIDING TUE WITHHOLDING LAWS. Effective January 1, 2007, Seller may elect an alternative to Basic Withholding by certifying the amount to withhold which must be equal to the applicable maximum tax rate on the actual gain of the Real Property ("Alternative Withholding"). Qatact FrO. For additional information regarding California withholding or for the Alternative Withholding, contact the Franchise Tax Board at (toll free) 989-792-4900, by e-mail at*$& Rkctr.sa► or visit their website at www.Rb cLeov. For tax advice, please consult your own legal advisor or tax professional. SELLER City Vernon City, a Municipal Corporation 2 AJaAdministrator BUYER: Jonny Sanchez DecuSlgn Envelope ID: 5FRODA42-FC6%4564-930E-027846F012EE �% ��. I" A ' l lESCROW INC. RE: Escrow No.- 13852-ME Property: 6036 Stafford Avenue, Huntington Park, CA MSS INFORMATION REQUEST 12631 E IMPERIAL HWY A-213 SANTA FE SPRMS, CA 90670 OFFICE: (949)954-6571 FAX: (949)954-6575 W W W.PAItKFIELDESCROW.COM Date: February 2, 2016 Officer. Markets Espinosa In order for us to obtain statements of account from your existing leader(s) or homeowners 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. Applicable Regulation requires authorization in writing from you before a leader can release any payoff information to an Escrow Holder. A delay in returning this signed and completed form could delay the elm of this escrow. FIRST TRUST DEED NA Lender Name Address Loan Number NA SECOND TRUST DEED Lender Name Address Loan Number HOMEOWNER'S ASSOCIATION (if applicable) Association Name Management Co. --� Address Account Number 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 sew to you after close of escrow, VE.r inn't ILA 110oii5 r33 ! Effective Date: SELLER Cit IMMi(11!e Municipal Corporation rd. j. U�lls61A By; I. n inistrator Streunl.ine - Lows Wamtation Shat August 25. 21109 DocuSign Envelope ID: SFEBDA42-FCN 45W-93OF-027B46FO12EE 4r� 12631 E P H WY A-213 SANrA FE SPRIbIGs, CA 906702.w�em OFFCE: (949) 954571 FAx:(949)954-6575 ESCROW INC. WWW.PARKFIELDESCROW,COM Date: February 2, 2016 Escrow No.:13052-ME NOTICE TO ALL BUYERS AND SELLERS OF REAL ESTATE The Foreign Investment in Real Property Tax Act (FIRPTA) FOR YOUR INFORMATION..... BUYER'S RESPONSIBILITY TO WITHHOLD - Effective January 1, 1995, Internal Revenue Code 1445 requires all Buyers who purchase real property in the United States from foreign Sellers to withhold ten percent (10%) of the purchase price from the sale proceeds and to pay that amount to the Internal Revenue Service (IRS) within ten (10) days of the date the escrow closes unless an exemption from withholding applies. IF THE BUYER FAILS TO WITHHOLD AND PAY TO THE IRS THE CORRECT AMOUNT OF TAX ON A NON-EXEMPT SALE, THE BUYER WILL BE LIABLE TO THE INTERNAL REVENUE SERVICE FOR THE AMOUNT OF THE TAX OWED. WHO IS A FOREIGN SELLER? - In general, a foreign person is a non-resident alien individual, foreign corporation, foreign partnership, foreign trust or foreign estate, but not a resident alien individual. EXEMPTION CERTIFICATES: BUYER - The Internal Revenue Service has adopted temporary regulations which provide that a Buyer will not be liable to the Internal Revenue Service for the tax owed if he obtains from the Seller in duplicate a certificate of affidavit under penalties of perjury stating the Sellers United Sates taxpayer identification number or social security number and that the Seller is not a foreign person, unless the Buyer has knowledge that the affidavit is false. These regulations also provide that the Buyer must retain this affidavit until the end of the fifth taxable year following the taxable year in which the sale takes place and to make the affidavit available to the IRS when requested. FOREIGN SELLERS - Foreign Sellers should consult with an attorney familiar with FIRPTA before entering into any negotiations or contracts for the sale of their property. If you act promptly, you may be able to have the IRS: (I) determine your maximum tax liability; (2) reduce the amount which the Buyer must withhold; (3) issue a withholding certificate; (4) make an early refund of the amount withheld; (5) establish that not gain is recognized under pertinent provisions ofthe Internal Revenue Code, NO WITHHOLDING REQUIRED IF: 1. The Buyer is purchasing the property for his use as a residence and the amount paid for the property is S300,000.00 or less, 2. Either Buyer or Seller obtains a "withholding certificate" from the Internal Revenue Service that: (1) the Seller is exempt from paying taxes an the gain; (2) the Seller has agreed with the IRS to pay the tax owed, or (3) the IRS has agreed to reduce the amount of withholding required to the amount stated In the certificate, 3. Gain an the sale is not recognized under certain provisions of the Internal Revenue Code. BUYERS AND SELLERS ARE ADVISED TO SEEK THE ADVICE OF AN ATTORNEY ON THE QUESTION OF WHETHER ANY GAIN IS RECOGNIZED UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND AS TO THE PROCEDURE THAT MUST BE FOLLOWED IF THE BUYER DOES NOT WITHHOLD BASED ON THE FACT THAT NO GAIN IS RECOGNIZED. Neither Century 21 ABatars or Century 21 Allstara nor is agents are qualified to determine the rights and obligations of any particular individual under the Foreign Investment in Real Property Tax Act- If you have any questions regarding the applications of FIRPTA, your obligations under the act or whether you are a foreign person as defined in the act, please seek the advice of an attorney Receipt are copy of this Notice is hereby acknowledged Date. 2/11/2016 City Y a C. aMunicipal Corporation I.J. U1i A4. B A aeadlakttinktrator Jonny Sanchez OowSign Envelope ID: SFEBDM2-FC69.4564-930E-027846F012EE 52.wrnFE SPRINGS, CA0 F": (49) 54 6571 FAX: (949) 954-6575 ESCROW INC. Www.PARKFIELDESCROw.COM TO: Parklield Escrow, Inc. Date: February 2, 2016 Escrow No.: 13652-ME SELLER'S AFFIDAVIT OF NONFOREIGN STATUS 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 inform the transferee that withholding of tax is not required upon the disposition of a U.S. teal property interest located at: Property located ac 61136 Stafford Avenue, Huntington Park, CA 90255 by City Vernon City, a Municipal Corporation I herby certify to the following (if an entity transferor, on behalfof the transferor): INDIVIDUAL. TRANSFEROR(S): 1. 1 am not a nonresident alien for purposes of U_S. income taxation; 2. My U.S. taxpayer identification number (Social Security number) 3. My home address is: CORPORATION, PARTNERSHIP, TRUST OR ESTATE TRANSFEROR(S): 1. (name of transferor) is not a foreign corporation, foreign partnership, foreign trust, or foreign estate (as those terms are defined in the Internal Revenue Code and Income Tax Regulations): 2. employer identification number is 3. G1:�1 C>F ye"rCi'I office address is I 4 'X)1t f"E 7r G )£ of transferor) . and; of transferor) City Vernon City, a Municipal Corporation, (name of transferor) understands that this certification may be disclosed to the Internal Revenue Service by transferee and that any false statements I have made here (or, for entity transferor, contained herein) could be punished by fine, imprisonment, or both Under penalties of perjury 1 declare that 1 have examined this certification and to the best army knowledge and belief it is true, correct and complete (and, for entity transferor. I further declare that 1 have authority to sign this document on behalf of City Vernon City, Is Municipal Corporatism (name of transferor). 2/8/2016 Date: NOTICE TO TRANSFEROR AND TRANSFEREE: r.,�. (dlilsoa. Tuns ernr I atrre Name, Tronsferer Title, if may An affidavit should be signed by each individual or entity transferor to whom or which it applies. Before you sign, any questions relating to the legal sufficiency of this form, or to whether it applies to a particular transaction or to the definition of any of the terms used, should be referred to a certified public accountant, attorney, or other professional tax advisor, or to the Internal Revenue Service, DocuSign Envelope ID: SFBBDM2-FC69.4564-MF-02nM6F012EE 1263 t E IMPERIAL H WY A-213 SANTA FE Spftms, CA 90670 OFFICE: (949) 954-6571 FAX (949)954.6575 ESCROW INC. WWW.PARKRELDESCRow.com PRIVACY ACT NOTICE Escrow Number. 13852-ME Date: February 2, 2016 Escrow Officer. Markel& Espinoza Parklield Escrow, Inc.. has prepared this Privacy Act Notice to comply with the Gramm -Leach -Bliley Act, Public Law 10&102 and to inform you regarding its collection, storage and use of information that you and others give it during the processing of your escrow transaction. The information in this Privacy Act Notice applies to Escrow Holder's current and fonnerclients: 1. Categories of Information Escrow Holder Collects We collect nonpublic personal information about you from the following sources: A. Information from you in letters and other communications as well as in escrow instructions and on forms including Statement of identity, data collection regarding the financial status of the property or you and on other forms; and B. Information directly from third parties including real estate sales agent brokers, mortgages companies and lenders, title companies, contractors, bookkeepers and accountants, attorneys, contractors, homeowners associations, insurance agents, federal, state or local tax or governmental authorities or from others who may give us information on forms or by other methods including but not limited to, telephone, a -mail, facsimile transmission. 2. Categories or Parties To Whom Escrow Holder Discloses. We may disclose nonpublic personal information about you to the following types of third parties: A. Financial service providers such as title insurance and underwritten title companies, mortgage companies and lenders as well as insurance agents and companies associated with your escrow transaction. B. Nonfinancial companies such as homeowners associations, attomeys, bookkeepers, and accountants, federal state or local tax or governmental authorities, real estate sales agents end brokers associated with your escrow transaction. C. Service providers including contractors, structural pest control operator others rendering services to you or the real property or business that is the subject of this escrow transaction - We may also disclose nonpublic personal information about you to nonaffiliated third parties as permitted by law. Otherwise, we do not disclose personal or confidential information to anyone outside our company without your consent. We will adhere to the privacy policies and practices as described in this Privacy Act Notice. We restrict attest to our personal and escrow file information to those employees who need to Wow that information to provide products or services to you. We maintain physical, electronic and procedural safeguards that comply with federal regulations to guard your nonpublic personal information. Your information is stored in a secure plate on a secure computer and in physical files. When we replace computers, we erase old disks or reformat them before disposal. When we dispose of old physical paper files, we have it shredded and recycled by a bonded security company You may direct all questions regarding the policies set forth in this Privacy Act Notice to your Escrow Officer. I have read and received a copy of this Privacy Act Notice as of the date below. Dater 2/8/2016 City C' a Municipal Corporation Q.. Mat r.9(UV&aAdministrator DocuSign Envelope ID:SF68DA42-FC69-4554-93OF-027846Fo12EE 12631 E IMPERIAL HWy A-213 - SANfA PE SPRINGS, CA 906790670 OFFICE: (949) 954-6571 FAx:(949)954-075 ESCROW INC. WWW.PAMFIELDESCItOW.COM INSTRUCTIONS FOR NET PROCEEDS Date. February 2 2016 Escrow No,: 13852-ME TO: Parkriield Escrow, Inc. UWe hereby authorize and direct ParkReW Escrow, Inc. to disburse my cur net proceeds as follows: (Cheek the applicable section) 1. ❑ Hold the proceeds check for pick up and call when check is ready at the following number 2. ❑ Me authorized the proceeds check to be picked up by 3. ❑ VWe instruct that the proceeds check be sent to our agent 4. UWe instruct ParLr.ld Escrow, Inc. to wire out proceeds to: Bank Name. East West Bank Address: 135 N Los Robles Ave. Suite 600 ABA M Account #: Account Name: General ACount 5. ❑ Transfer the net proceeds to the following escrow Company: Address: Phone Number. Escrow Officer. Escrow Number: Split proceeds as follows: (Please indicate names, amounts or percentages) 7. ❑ 1/We instruct you to mail out proceeds to the following address: City UeW't kMunicipat Corporation j. ma, By: alkilow tYdtrinistrator DocuSign Envebpe ID: 5F88DA42-FC694564.W E-027B46F012EE TAXMI! YEAR FORM A 2016 Rea( Estate Withholding Certificate ■ 59 PwtI- Sellerfiraosferor Name -�... _� .-. _ ,..� ....y...r. .City Vernon City. a Municipal Corporation SSN or MN Slamde lRDP's rrara (f jaMy awned) Sporse'srRDF% SSN ar rt-N (d Wr y sawed) roan. Box, m.) N CA no. ❑ CA SOS Be no. 6 t iy (Ir ym have a foreign address, see insbucfans.) ev VI DO State (A Zrp Cade R5`6 Ownsm" P-Mr age I I co % Property adtrew (d no at" address. provide prM mwav and county) 6036 Stafford Avenue, Hu tintan Park. CA 90255 Part 11- CertlRcsBons which fully exempt the sale from withholding: 1. 0 The paprlygLaillwastow1le Rama ars(ordeaedin Isddbyfmdsmdat, Manor" I+apal wleirmeMmagdfnYwmi RaerueCoda(ItiC)Sscbn 121 2. 0 The~-wism(ardeosdrt<Rsddbyfwdemdatsesblearhegf dundhepgmyntesato bamba idemdern) lapNneedeta whin fwrrwsrig*f FiCSedm 121 wiaW mgrd b tm Moywrime pabd 3.0Theselmtarmiarhesalass cram girbrCatixibIw, Impupawsantsssla.Todmltfisharpunnet FlsieFmnsw_PAW Efye VVIlt kWICompAdonafE I - , GdnerLawardhowalawarmagfnankoM 4. 0 The pop" isbsgmnOS;adyorkamkgft*avorladandtwseNhamfrn'' I baoqumpgastyb*isirierandsrdhsavfmcrumb wmWbrraaenogOb dg*brCafbminoaasopspasuade RCSdon1033 S. 0 The la eb gugis for mrrsmQifan tsalrtat undw FiC Sedan 351 pwdv b a mpmaft mr#alad by is to sbar) or Fi Swim rn (cartletfonbsprtnssliphere' -gebrsprtm d4i ft a. 0 The nborm dmas is a asI I, (are fnrfed hNIV arnpwV gW) , lit d s a aaporabn far lsd Catania irons tar Papaw) #W s eit wgraid tiMo taCatbrria SoNayafSb*(90S)atss panwrtpiam afbAhM In Cdbnrs. 7. 0 Tlmssls►armlearlsaCifmieW" tipnapatwsii'9AWadbdDixglirennCabri(asiLLCMltderitlasap omaitipbrMerd andCallanishmrmlarpapossardrnotasirollordmUCtmtis' 9 dedbrledaalandCibrriitootrretepapaas) !. J�ThesWlfsriacrsaYnteenptanllyuderCaYorriealadaslYw s. O Ttonleatu dow bsni sAr=o mpnnV idwWWie is wwx; rt4AMxIpwW= awigom or tairhleraneido WK Part IF - Cartifiallms that may partially or fully exempt the sale from withholding: f dEaaeEsarswtaasrtPOInSmnehxfm frsromrbviirdd. 10.❑ The YanirquisasaskairrworsFelideW-gev Mtams•* afRC5sdon1031. 11.0 Thslvallo udlssaddtrtefielided-gesitrfrmmigofFICSaionlRil. 12. ❑ The larder dtie pcpMy b an i enknre sels ohns tm 4ywhamlres -s raIAW Id watmtl on fa pirapml pofm dsdr iabb-t Wert Capin dfamS03d, Red EarlelMfibidrgkabkwtSaInAckw Ndpaw andtapaasnyrsrlsamafsdad Iibino n, ad f• oxsewm= fr rd poYbq on swardtbam- tpbfbaf-ard mm:h ebae; b M bed d my Isasdrba, w end roosts foasN dwgn I se purpey iamn NimearrdTis A.J. Wilson Sewarrslabixsomkm I.J. LKSdk. Deb2/8/2016 Nears .$P—S WS Sigrrise - - - - - - Dale Tr-+slMaIrywdM*Ww b=hPatsl.ymmsyW*Lars YamnNderAictrjsgssr P-, Eaapleba+irrir-twhtf - 1,'rorddnddmdraybmhPotfcrPartScfFmnSRSCfrow0tptigvmba31a%(=3)dbbwmha fifmQ+pIWdcpbFas IMard bMSI$Cbyfm�sdefto m..t* moo FivAto3I afford laWshhapo fMad lamhOgnt mr.fffearma - Is Inimdrmntwh.dawflclipwfb31fiM (J=dsmfa M111M pMrwL fya nrrarrdd r4wcthesilsddrgagr4aaativo ymamcwdFcan SfiAtaheaWbtmtanwlmldymrCaaanlei rmrm rtsim ad milwe co(Wblaraacida 7131153 F- Fa m W3-C CZ 2015 DocuSign Envelope ID: SFSBDA42-FC694564-930E-027O46F812EE 2016 California Forms 593-Ca 593-E, and Instructions Table of Contents Withholding C"Idlon General Information .. . ..................... . . . 2 The two methods used for calculating the withhold ng amount are the Total Form MM, Real Estate Withtrafdi g Certificate 3 Saks Price Method and the Optional Gain on Sale Election Ma hod The Instructions for Form 593-C.............. 4 mihhokdirg amount is determined under the Total Sales Pike Method by Form 593-E, Real Estate Withholding - multiplying the sailing price 3113% (.0333). The withholding amount is Computation of Estimated Gain or Loss 6 determined under the Optional Gain an Sale Election Method by multiplying the Instructions for Form 593-E ... 7 estimated gain by the sailersArahefetors maximum tax rate. How to Figure Your Basis...., d How to Gat Califomfa Tax Information 9 0 Withholding Agent instructions . Provide Form 593, Real Estate Wa9vidkg Tax Statement 593-C, 593 E, General Informatlon and 593.1, with instructions to each selerNansferrx as won as asaow opera, t the A tmportantenformation sakqualifksbranaufanatcexempowrilhesales pkaisSula,maarim,the Installment 9alee -The wNhodLg agent is required to report as an hsalmeot translator is a bank acikq as a trustee otw then a mraes of a deed of uhst or %e safe if the Iransacton is structured as an InstaWmenl sale as evhknced by a promissory role The vnthhok" agent s required to withhold 3 1/3% (11M) at the pIXerty s being foreclosed upon). the forms are not rewired. Mekecertain you use the coned form and that the year on the forth tit the year that asam closed. first Instalment paymnem Im" the setaroamfaa b complete and sign Form 591C and return Buyas/ttaoskrees are requited to withhold on the prhupaf Portion of each it to the REEP by the close of ascrow Inhxrnplete or Improperly completed Toms subsequent installment payment R that sale of California real popery is structured 'nay not exempt the selenrVarhsfaor ham witiNk ing. Form 593-C cannot be as an instalment sale. For mom i No matloo, gat Form 5934. Real Estate WNthddlregg Installment Safe Adumlecigement s= Darrrestic Partners (RDP) -For pheposes d California, noonhe tax accepted afar the clue of ewow. REEP: t, during the escrow. an Individual seeer&aosferor tramfens title toRaa a corporation or partnership and Men the mporafon or pannOtship uamfere the to references to a spore, husband, Of wile also refer to a Cdfomia RDP, unless lie buyerfOmf xee, than than are trek transfers for witdwWkg purposes. othmme Wedried When we use the kkteis ROP they refer to as both a Calito a Accod"y, evo sewwe Foma 593C should be completed for wit lbokfang purposes The ndviduai must complete one form for the transfer to the corporation registered domeMc parnef and a California registered domestic'parmership: m applcabe. For more irtomnatlon on RDPs, gel FTB Pub 73T. tax hdarrnaton for or partnership. The corporation or partnership must complete die ono form bribe Registered Domestic Partners.the transfer to txryaduarslaee. 8 Purpose • If the sedacAramferor checked any box In Pad t, Camfications Use this booklet for fast estate sales or ureters dosing in 2016 which futy exempt to sale from with, the selledbansferor WiNhok6ng isrequred when Caifonia nail estate issold or transferrerf Is exempt from withhodeg. You are relined ad the real estate witldwldng nequ rem is d, based on ale the Wonuation that you The arhnumt vMlded from the seserttranslera is sent to the Franchise have knowledge of, the selenrarseror aMifies an exemption from wit "Wig. Tax Board (FTC) as required by Canon" Revenue and Taxation Code Sactioh If to sdedtranskro checked any bat in Pad Ili, Certificates that may pa64y t8662 ur holy exempt the sale from wNhh of ding, the selernrameror may quakfy for a Yllt>twlding is not mgh.Rfed d any of the following apply: partial or complete vat hhokkng exemption. Read the specific xutrrnctenhs to (the tonal sales once is S 100,000 or lass. the amount n and ay • The pMpety is being foredosad upon (sold pursuant b a power of As to Pad orgy, O ing agent As to Pan 01, ins t2 box any, the withholding agent K ragraad to required to sale soda a rxxgage o deed of trust sold pursuant to a dame of fo edusue, MKk tfe boo If the tan salon m suudued as an inhstaihhenh Sala, as evidenced or by a deed a !ku of forexAsure). by a promissory Twit As to tlhn bout only, t e sgnatum of the seiaframkra is The transkmr Is a bank acting as a trustee other Nan a fusee 013 deed at not required The withholo g agent should n,st also complete Form 593. Real Estate WifMhoWig Tax StaierneK • The seserNansfemr caddies to an exemption. See exarnpton on Fomn 59M, Pan 111, line 3 and deck box 8, instalment Sale Payment. Pan If and Pan Itt Except as b an Installment sale, II the sesedtarsferor old notThe following are excluded from wiNh oldi g and rbmpkbrg this foam: check any box in Pan If or Pad III, the wddw*kg will oat 3113% The United Stairs and any of its agencies of krsbumentafhfles. (.0333) of the total sales price, or the optional gain on sale withholding amoum • A slate, a possession ol the hied States, Nor Nbict d Columbia, or an y of Is kmm line 5 of the certified Form 593. If the type of transaction poifcst subdivisions or nslnanerhta81as, is an Installment sale, ten you are required to withhold 3 tip tit (A333) For more Worm ilon about real estate votd!olding, get FT8 Pub, 1016, Real Estate of the list Instalment payment WNW*" Gridam. Except as In an i statment sale, t the sellentamleror does not t you are a 5eflerNarsferor Rom the Completed Form 593 and Form 593-C by the close of • Use form 593-C to retarmine whether you quakly for a full or pedal wrMokfing escrow, you are required to witl+hold 3 if3% (.0333) of the toil salsa pie If the exemption. Keep this form for five years. type of tarsactpn'a an kstak knit see, then you are fewired m wtvok3 3 113 • Use Form 59}E io deemnne your gain orlo.s oh era sale and fro cabMIe tin %(.0333) ol Uha first kstakmenl payment optional gm on safe withholding amount Keep this form ter five yeah. As the REEP, you are mquksd n wddwkl and compete Form 593 for each C Real Estate Withholding sakrltramlercr that was wNheld upon. Give one coM of Form 593 to Real estate wituwidrg e a prepayment of income tax due tom Ne On the setedtramfaor. Ala the dose of the month, lie REEP mails are on a safe of Cakhola nW estate. If that amount withheld s more Iran the Income copy of all of the Fame 593 completed Milne lie month, and any Form tax liability, we wile refund any available dtMJence betAw the amounts when you MI and prathtssory role, to the FTB wN the total amount withhold la all transactions Net closed doing the month. However, the BEEP has the option to Re a lax return after we and of the WADIS year. A the law requ rm the htryerlltransferee m wthold, the buyernransferve can IMagh sand it one c agleam and the rioted Form 593, and any Form 59}I and prordssory rate, R applicable, for each avow. request the Real Estate Esmm Person (REEP) to do 414 widUhokling. A REEF Is Regardless of whether you send one payment to the mrith or one payaw airy person involved in closing tha real estate transaction which Includes any for each escam, Fortin 593, any required Form 5934 and pmrrhmsay note at". escrow company, or ode company, or any odid person who mc&wes all and the wit hchdi g payment are due to the FT8 by to 2tth day of Ne disburses payment for the safe of real popery. month Iolowkhg the month you dosed esonm As the REEP remthng lie withholding to the F78, you nest include yen name all letabhone number as a contact ter the namillarnr Do not send Farm 593 C b the FTB. The REEP Maine this form kx minimum of five years and must Povide R to the FM upon request Page 2 Form 593-ClForm 593-E Elockhet 2015 DocuSign Envelope ID: 5FBBDA42-FC69-4564-930E-027B46F012EE 2016 Instructions for Form 593-C Real Estate Withholding Certificate References in these instrnrcllorLs are to the kderrW Revenue Cale (IRC) as of January i, 20111 and to the Caufomia Revenue and Taxation Code (RaTC) General Information If the seterAra hs(eror is an Individual, enter the social security number (SSN) In general, for taxable years beginning on of after January 1. 2015 California of individual taxpayer identification number (ITIN). If the se8ersllransferors are law conforms (a the IRC as of January 1, 2015. However, there are continuing spouseshegistered domestic partners (RDPs) and plan to file a joint return: differences between California and federal law. When California conforms enter the name and SSN of ITIN for each spousovRDP. Otherwise, do not to faderal tax taw charges, we do not always adupf as of the changes made enter mformaton for more than one sellerAransferar Insteadcomplete a at the federal level For more information, go to fib ca.gov and search separate Form 593-C for each sellerttansfer« for conformity Additional information can be found in FTP Pub 1001 'f you do not have an SSN because you are a navesident or a resident N an Supplemental Guidelines to California Adjustments, the inactions for for federal lax purposes, and the Internal Revenue Service (IRS) issued you California Schedule CA (540 or 5401,11R), anxi the Bus ness Entity tax booklets an ITIN, enter the I TIN in the space provided for the SSN Llk"Ind Exchanges - For taxable years beginning on of after January 1, An [TIN is a tax processing number issued by the IRS to Individuals who have 2014, California requires taxpayers woo exchange property, located in a federal tat fAing requirement and do not qualify for an SSN It is a rimedgn California for like -kind property located outside of Cafifom e, and meet a0 of number that always starts with the nunhber 9. the requirements of the IRC Section 1031, to file an annual mfarmaton return If the seeernransfaor is a business, enter the business name in the business with the Franchise Tax Road (FTS), For information, get form FTS 3840, name field along with the federal amployer Identification number (FE N), CA Caitomia Uke-Kind Exchanges, or go to ftb.eegov and research for like Corporation number (CA Corp no) or CA Secretary of State (CA SOS) Net kind. number Purpose If the selkrilransfaror is a grantor trust, enter the grantor's individual name Use Form 591C, Real Estate Withholding Certificate, to determine whether and SSN For tax purposes, the grantor trust is disregarded for lax purposes you qualify for a full or partial withholding exemption and the individual selletAransferor must report the sale and claim the (3uatfii" for an exemption from withholding or being withheld upon does vnthheldung on their individual tax return lithe trust was a grantor trust that not relieve you of your obligation to file a California mome tax return and pay became imwocable upon the grantor's death, enter the name at the list and any tax due oo the sale of California real estate, tie frosts federal employer Identification number (FEIN) Do not enter the You may be assessed penalties it decedents or truatae's name of SSN, • You do not fife a tax retum. f the setfernramnfer« is a noagrentor trust, enter the name of the list • You file your tax return late. and the Inul's FEIN. Do not snter trustee Information. • The amount of withholding does not satisfy your tax liability If the seilentransler« is a single member limited 6abillty, company The selernransferorrmust submit mils form before the close of escrow to (SMLLC), enter the owe and tax identification number of the single member. prevent withholding on the transaction. After escrow has closed, an«mts Ownership Percentage withheld may be recovered only by claiming The withholding as a credit an the Enter your ownership percentage rounded to two decimal places (a.g. appropriate years tax return. 66,67%). it you arc on the bile to incidental purposes and you have no How to Claim the Withholding financial ownership, enter 0.00 and skip to Seterrhansferor Signature. You will To claim the withholding credit report the sate or transfer as required and enter the not be withheld upon. amount Fran one 5 of Farm 593, Real Estate Withholding Tax SlalerhhenL on your Examples of sellersNansfemfs who are on title for incidental purposes are. California tax ratums as real date and othor wbhoklug from Form(s) 592,E or Co-signers an title (e.g., parents a -signed to help their child quality for 593. 11 your marital or fi&hg stain has charged after escrow closed and before the loan). aifg your California W return, contact is at 6es.792A900 poor to filing year tax Family members on title to receive pmpedy, upon the owns death return for inwctom on how to claim your withholding credit Claim your Property Address wkhlolding credit on are of the logo": Enter the address or panz4 number and county) on the CA rest property • Form 540, California Resident Income Tax Return( transferred. • Form 540NR Long, California Nonresident or Part -Year Resident income Part it — Certifications That Fully Exempt Tax Return Withholding • Form 541. California Fiduciary Income Tax Return Unit 1- Principal Rasldence • Form itb, California Corporation Franchise a Income Tax Return qualify as your dance mda IRC Section you (or the • Form 100S, Caifamia S Corporation Franchise or Income Tax Return de decedent) ly must have tw must have named and Geed per the property as yourwinn • Form n00W, California Corporation Franchise or Income Tax Return- t least bane 1« at teas! two years during the five-year period ending on the date a Wales -Edge Tiers of safe Misiony and Fore gn Service, gel FTB pub. 1032 Tax tnformaton (a • Form 109, California Exempt Organization Business Income Tax Return Military • Farm 565, Parinershi Return of Income P have You can have Doty one main home at a time. IF you have two homes and Ile + Form 568. Limited Liability Company Return of Income in both of them, the main home Is the one you lived I most of the time Specific Instructions There are exceptions to the hvo-yea rude it the primary reason you as selling Private Mail Box (PMB) - Include the PM13 in the address field Write'PMW the hone is for a change in the place of employment, health, or unforeseen fast, then the box number Example: I I I Main Steel PMB 123, circumstances such as death, divorce or termination of regulated domestic Foreign Address - Follow the country's practice or entering the city, County, peep, of loss of job, etc For more intafrwtion about what qualifies province, slate, aunty, and postal code, as applicable, in the appropriate as your principal residence or exceptions to the two -yea ink, gel federal boxes Do not abbreviate Ire country name. Publication 523, Selling Your Home. To ge(federal publications, go to irs.gov, Part I - Sellantransferor at call 800.829 3676, Enter the name, tax identification number, kind address of the setedtransfefor. it only a potion of the proliedy qualifies as your poric pal residence, a second if the saliediramferar does not provide a tax identification nunber, then Form Form 593-C will need to he completed to certify an exemption on the portion 593-C is void, and withholding is requited. not used as a principal residence. Note: It you choose to provide a copy of Farm 593-: to the buyerAransfaree, The allocation method should be the same as the seie inransferoi used to delete the sellers or iransfaroes tax Identification number on the delemufna deprecialion. buyersftransferee s copy Page 4 Form 593-GForn 593-E Booklet 2015 DocuSign Envelope ID: SFBBDA42•FC69-4564.930F•027B46F012EE Line 2 - Property lace used a your principal residence When cxmmpdefirg Farm 593.0 as the single member of a disregarded LLC, If the property was last used as sellersHmnsferor's, or decedent's write an the bottom of the form that the tdarmlIon on the form is far the principal residence within the meaning of IRC Section 121 without regard single member of the LLC, so Itte Rest Estate Escrow Person (REEF) will to The two-year time period, no withholding is requited, It the last use of the mderstad why It is different ham the recorded tide holder. property was as a vacation home, second home, or rental, you do not quality If the single member is Co let* Form 593-C using: for the exemption. You must Dave lived m the property as your march home An Individual The indlvidual's Information If you have two hones and We in both of them, the main home Is the one you A corporation The co tian's information lived in most of the fine A partnenhip The arinershi 's Information Line 3 -(Ass or Zero Gain An LLC The si le member's information You have a less or zero gain for California income tax purposes when the Line 8 - Tax-Exampt Entity amount realized is less than or equal to your adjustment basis You must Withholding is ad required d the selteitransfemr is tax exemp l wrier complete Form 593-E, Real estate Withholding - Computation of Estimated either California or federal law (e.g, religious, charitable, educational not Gain or Loss, and have a loss at zem gain an line 16 to certify that the for prok organizations, etc.). transaction is hilly exempt form withholding Life 9-Insurance Company, hndividuai Retirement Account, Qualified You may not cerfihf that you have a net loss or zero gain just because you do Pension or Proll"haring Plan, or Charitable Remainder Trust not receive any proceeds from the sale or because you feel you are selling the Wthholdrg is not requited when the setedtrarsfaror is an insurance property for less than what it is worth company, individual refrement account, qualified pension or profit-sharing Line 4-Involuntary Conversion plan, or a charitable remainder Dust. The property is being involuntarily or compulsorily converted when both of Part 111- Certifications That May Partially or the following apply Fully Exempt the Sate From Withholding • The Caltomia real property is transferred because it was (or threatened Cam P3r1 t9 any iyor dd fd ffm�elanlrof line inPal p to be) seized, destroyed, or Lundermed within the meaning of IRC Lino 10 - Simultaneous Exchenpo Section 1033. f The Caidomia real property is part of a simultaneous lice -kind exchange • The seilerlVansefor intends to acquire property Thai is similar or within the meaning of IRC Section 1031, the transfer is exempt tram (elated in service or use ado to be eligible far nortrecognitan of gain withholding However, A the selledLansferor receives money of other property fr California income tax purposes. (n addilm to property that is a part of the fi e-ifind exchange) exceeding Gel federal Publication 544, Sales and Other Qisposldons of Assets, for S1,500 from The sale, the withholding agent must withhold. more information abort involuntary conversions. Line I I -Deferred Exchetge Line 5 -Non-ixogni0an Under IRC Section 351 or 721 If the Califonia real properly 4 pad of a deterred ikeknd exchangewrovrt The transfer must qualify for nonrecognition treatment under IRC Section the meanng of IRC Section 1031, the sale is -moo from wtholdrig at 351 (ta ilrrng to a corporation controlled by transfero) or IRC Section the lies at the Initial barset However, if the selersansfetbr rewwas 121 (contributing to a partnership in exchange for a partnership interest) money or older property (s addition to property that'e a pat of rile IL - Line B - Corporation kind arrha ge) exoeedrg 51,500 kart tine Sala, thewithholfirig ageN m st widdmold A corporation has a permanent plans of business in this slate when d Rhin Intermediary or acco m odalcr msl witdrid an at rash or cash is oganaed and existing under the laws of 0%stale or it has quaffied equivalent (bout) A dsbtDutes In, tee seletrasfenx d the anourd through IN sea" of Stale to tansad intrastate bc.sirms. emeads s1,500. A corporation not quaffed in transact irdnstafe business (such as a II the exchange does not take place or d the exchange dam W qw fdy corporation engaged exclusively inInterstate commerce) will beconsidered lrnrrechgniiianYeaanentthe awnediaryasocom adaldrmst as hawing a permanent place d buskuss in this state any 19 mairttairs withhold 3113%(.0333) at ere ldai sales pre an oOm in this state that's permwerxty staffed by is employees after the Line 12- Installment Bab sale. Rene withholding agril is required to report as an installment safe A S corporations must wihVhold an nareeside d S corporation shainthoklas the transaction is structured as an installment sale as evidenced by a Get FTS Pub 1017, Resident and Nanresiderd WMholdtrg Gradeiines, far promeso y note. The withholding agent 6 required to withhold 3 113% more information (.0333) of the fist instalment payment. Line 7 - Partnership at Limited Liability Company (LLC) The buyerAranslefee is required to withhold on the principal portion of each Partnerships and LLCs are required to withhold on norvesident partners and subsequent Installment payment if the sales s"wed as an inslalknent members. For more information, gal FTB Pub.1017 sale Mthholdlg is not required V the title to the property transferred is recorded Whin the withholding amount m the first 4stalknenf principal payment is it the name of a California partnership or it s qualified to do business A sent ld the FTB, the FT8 must also receive a completed Form 593-1, Real California Estate With hobding Instalment Safe Acknowledgement, a wTpieted Form V tho oli-g is not required d the title in the property transferred is in the 593• Real Estate NSlidaldntg Tax Statement, and a copy of the pranrissrxy note. name of an LLC, and the LLC meets both of tee fallowing Selterfrransferor Signature It is class" as a partnership for federal and California ncomet lax You matt sign tins farm and return A t0 yarn REEF by the dose of esam puke • It 6 not a SMLLC that's disregarded for federal and Gd�rnia incdtte tax far it to be valid. Otherwise, the t ' x s price o agent rmut'wahn on ere kri 31I3%� 0333) d are east sales price a the optorvol gain m seta ��� if the LLC meets these conditions, lie LLC rtwsl self withhold an withholding anount from l ne 5 of Form 593 that is certified by tee sedaitrander avoiding he withholding Paneiy -� 5eterRasxec who, far the pupate nonresident members. Get FTB Pub.1017 for more information s false s s (amo d the SMLLC s classified as a abut fix federal and California inane a penalty of 1s. ,000knoa( 2 %of th e with olds amount f f.000 r ZO%of the required sit hddng arwnt whichever tax purposes, then the sellerJtrdns(e or s cos dared a corporation mr 9re ��bl withholding purposes. Reler to Line 6. It the LLC is an SIALLC that Is disregarded for federal and Ca forums rrome tax purposes, than that single member is considered the setefibansfenr and tide to the property is considered to be in the name of tee single member for wthinoidirg pupposes Form 593-CiForn 593-E Booklel 2015 Page 5 RECORDING Rl QVLS'I'F D HY: Parkfield Escrow, Inc, Order No. O-SA-5048974 Escrow No. 13852-ME Parcel No. 6320-010-272 AND WHEN RECORDED MAIL TO: JONNY SANCHEZ 6036 STAFFORD AVENUE I-IUNTiNG rON PARK, CA 90255 SPACF MOVE I HIS I.INF FOR RFCORDFWS IJSf GRANT DEED rHE UNDERSIGNED GRANTOR(S) DECLARE(S) THAT DOCUMENTARY TRANSFER I AX IS $437.90 and CITY S ❑ computed on full value of property conveyed, or ❑ computed on full value less liens or encumbrances remaining at the time of sale. ❑ unincorporated area: N Huntington Park, and FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, City Vernon City, a Municipal Corporation hereby GRAN'r(S) to Jonay Sanchef, a single man the following described real property in the County of Los Angeles, State of California: See exhibit "A" attached hereto and made part hereof. More commonly known as: 6036 Stafford Avenue, Huntington Park, C1 90255 Date February 9, 2016 City t-t iiy, a Muniyr al Corpor Pion i J wrim�City, Administrator A notary public or other officer completing this certificate verities 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 c COUNTY OF L=!f* (C % f S.S. 1 On DI , betbre e, �ti•- �_A_ personally appeared _ j,J► �. Sotr, _ , who prov to Inc on the basis of satisfactory evidence to be the personH whose name(c) is/am subscribed to the within instrument and acknowledged to me that he/sheAh" executed the knme in his/lutstih ix -authorized capacity(, and that by his/1wW it signature(A on the instrument the person(s), or the entity upon behalf of which the person(-&) acted, executed the instrument. 1 certify under PENALTY OF PERJURY under the laws of the Statc of California that the foregoing paragraph is true and correct. W-ITNESS my hand and official seal IIARIA ELVA AYALA Signature _ ._ (Seal) Comndnion 111 1974631 NOWY pw t: - caworala Oats" Counter Lout Comm. Ex 5 z 9. 2016 Mail Fax Statement w: SAMI AS MOW or Address Noted Below ESCROW INC. Date: February 17, 2016 12631 E IMPERIAL HWY A-213 SANTA FE SPRINGS, CA 90670 OFFICE: (949) 954-6571 FAX: (949) 954-6575 W W W . PARKFIE LDESCRO W.0 OWt Escrow No.: 13852-NIE RE: 6036 Stafford Avenue, Huntington Park, CA 90255 Escrow Officer: Maricela Espinoza INSTRUCTIONS TO PAY COMMISSION Upon close of escrow, from funds received and/or held by you on my behalf you are instructed to pay: Century 21 Allstars a licensed real estate broker, the sum of $ 9,950.00 and also pay Century 21 Allstars a licensed real estate broker, the sum of $ 9,950.00 TO COMPLETE A TOTAL COMMISSION IN THE SUM OF $ 19,900.00 The employment of said broker(s) to effect the sale -mortgage -exchange of the property described in said escrow is acknowledged by the undersigned, who agreed to pay said sum to said broker(s) as a commission for services rendered pursuant to said employment. This is an IRREVOCABLE COMMISSION ORDER and cannot be amended or revoked, insofar as it relates to payment of commission, without the prior written consent of broker(s) named herein, who shall be deemed a party to the escrow for the sole and exclusive purpose of receiving said commission. City Vernon City, a Municipal Corporation By: A.J. Wilson, Interim City, Administrator Please mail payment(s) to address(s) below, unless payment is called for on the day the above escrow is closed. Agent: Luther Sanchez Agent: Martin Robles Broker: Century 2�1 yAllstars � Broker: Century 21 Allstars By. BY: License No: 01280965 License No: 01280965 Address: 9155 Telegraph Raod, 2nd Floor Address: 9155 Telegraph Raod, 2nd Floor Pico Rivera, CA 90660 Pico Rivera, CA 90660 DocuSign Envetope 10 C93EDBF4-BF4G4252-8929-055164DCM5E 12631 E SpR At Hwy' Ad 1 SANTA fE SARI.VGS, CA 90670 OFFICE: (949) 954-6571 "�.--,- FAX (949) 954-6575 ESCROW INC. WWW.PAMJMLOESCROW.COM AMENDED ESCROW INSTRUCTIONS Date: February9.2016 Re: 6036 Stafford Avenue. Huntington Pant, CA 90255 Escrow No 13852-NIE To: Parklield Escrae,Inc.- Maricela Espinoza My previous instructions in the above numbered escrow arc hereby modified -- supplemented in the following particulars only Borrower's vesting through the above referenced escrow is hereby amended as follows: Jonnv Sanchez, a single man Escrow Holder is authorized and instructed to change any and all documentation as necessary to reflect said vesting change over signatures thereon, ifapplicable, Buyer and Seller agree to indemnify, defend and hold Escrow Holder. its employees and officer of the corporation, real estate agents and/or brokers harmless from any liability or loss in connection with this instruction. All other terms and conditions of this escrow shall remain the sane All parties signing this instruction acknowledge receipt of a copy of same - END OF AMENDMENT SELLER City Vernon City. a Municipal Corporation By A 1. Wilson, Administrrtor BUYER��.`.��� loan Sa y 095a3A971`8514E4 EXHIBIT B DocuSign Envelope ID: C93EDBF4-BF4TC-4252-B920-8551s4OC885E IT OF NONFOREIGN STATUS 4 44 A S S OC I A T 1 UN AND/OR CALIFORNIA WITHHOLDING EXEMPTION 1► O F R E A L T O R 3 FOREIGN INVESTMENT IN REAL PROPERTY TAX ACT (FiRPTA) AND CALIFORNIA WITHHOLDING LAW (Use a separate form for each Transferor) (C.A.R. Form AS, Revised 4112) Internal Revenue Code ('IRC') Section 1445 provides that a transferee of a U.S, real property interest must wiffllokl tax it the transferor is a 'foreign person.' California Revenue aril Taxation Code Section 18662 provides that a transferee of a California real property interest must withhold lax unless an exemption applies. I understand that this affidavit may be disclosed to the Internal Revenue Service and to the California Franchise Tax Board by the transferee, and that any false statement I have made herein may result in a One. imprisonment Or both. 0036 Stafford Ave. I. PROPERTY ADDRESS (property being transferred): Huntington Park, CA 90058 2. TRANSFEROR'S INFORMATION: (,•0 roperty') Full Name Vernon City Telephone Number ('Transfers!') Address (Use HOME address for Individual transferors. Use OFFICE address for an 'Entity" i.e corporations, partnerships, limited fiabilitycompanies, trusts and estates.) Soda] Security No., or Federal Employer Identification No. For a corporation qualified to do business in California, California Corporation No. Note: In order to avoid withholding, IRC Section 1445 (b) requires that the Seller (a) provides this affidavit to the Buyer will the Seller's taxpayer identification number ("TINT, or (b) provides this affidavit, Including Seller's IN, to a "quafiged substitute" who furnishes a statement to the Buyer under penalty of perjury that the qualified substitute has such affidavit In their Possession. A qualified substitute may be (I) an eltomey, title company, or escrow company (hut not the Seller's agent) responsible for closing the transaction, or Ili) the Buyer's agent. 3, AUTHORITY TO SIGN: if this document is signed on behalf of an Entity Transferor, THE UNDERSIGNED INDIVIDUAL DECLARES THAT HE/SHE HAS AUTHORITY TO SIGN THIS DOCUMENT ON BEHALF OF THE TRANSFEROR: 4. FEDERAL LAW: i, the undersigned, declare under penalty of perjury that, for the reason checked below, if any, I am exempt (or if signed on behalf of an Entity Transferor, fhe Entity Is exempt) from the federal withholding Law (FIRPTA): (For individual Transferors) I am riot a nonresident alien for purposes of U.S. income taxation. (For corporation, partnership, limited liability company, trust and estate Transferors) The Transferor Is not a foreign corporation, foreign partnership, foreign limited liability company, foreign trust Or foreign estate, as those terms are defined in the Internal Revenue Code and Income Tax Regulations. 5. CALIFORNIA LAW: 1, the undersigned, declare under penalty of perjury that for the reason checked below, it any, I am exempt (of if signed on behalf of an Entity Transfamr, the Entity Is exempt) from the California with I g law. Certifications which fully exempt the sale from withholding: The total sales price for the Property Is f 100,000 Or less. The Property qualifies as my principal residence (or the decedent's, it being said by the decedent's estate) within the meaning of IRC Section 121 (owned and occupied as such for two of the last rive years). The Property was last used as my principal residence (or the decedent's. If being sold by the decedent's estate) within the meaning of IRC Section 121 without regard to the two-year time period. The transaction will result in a loss or zero gain for California income tax purposes. (Complete FT13 Form 593-E.) The Property has been compulsorily or Involuntarily convened (within the meaning of fRC Section 1033) and Transfemr intends to acquire Property similar or related in service or use to be eligible for nonrecognition of gain for California income tax purposes under IRC Section 1033. Transferor is a corporation (or an LLC classified as a corporation) that is either qualified through the California Secretary Of Slate or has a permanent place of business In California. Transferor Is a partnership (or an LLC that Is not a disregarded single member LLC, classified as a partnership) and recorded tide to the Property is in the name of the partnership or LLC. if so, the partnership or LLC must withhold from nonresident partners or members as (Bored, Transferor is exempt from tax under California or federal law, Transferor Is an Insurance company, qualified pension/profit sharing plan, IRA or charitable remainder trust. Certifications which may partially or fully exempt the sale from withholding: The Property Is being, or AN be, exchanged for property Of like kind within the meaning of IRC Section 1031. Payments for the Properly are being made in installments, the transferor Is a non-resident seller and withholding will be applied to each principal payment. As a result of the sale of the Property. Sellers tax liability, calculated at the maximum tax rate regardless of Sellers actual rate, will be less than :II withholding otherwise.required. Seller will be required to sign a certification, under penalty of perjury, specifying The amount to be By WltfjheWfNoof tS&Ao be be used for sales closing prior to January 1, 2007) (! J W Data 2/8/2016 (Tra ferq��AIR(jA(Ind;cate if you are signing as the grantor of a revecablelgranlor trust) Vernon Cr Typed or print yAb Title (If signed on behalf of Entity Transferor) Buyer's naGt�il Tjiid use or disclosure of Seller's TIN could result in Civil QF4464inal liability. Buyer _ _2, J % Date (Buyer ackno #Lq *1`1lfia COPY Of this Seller's Affidavit) Buyer Date (Buyer acknowledges receipt of a Copy of Idle Seller's Affidavit) fix cnpTrgN !aid W riA IlnlYa slam in" IF us CedA) lo,tod Ns y,y oS, by y„r mew. ntl,Wyq to —am or r;q„1„ w �eoovegbl a IBb11-2012 CALIFORNA ASSOCIATION OF REALTORS14, INC. AN Ixbnb It"~TNS FORM HAS BEEN APPROVEO BY THE CAUFORMA ASSOCIATION OF REALTORSO ICAR,AM SE ND REPRESEN1AnoN 'S woe As r0 THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION IN ANY SPECWC TRANSACTION A REAL ESTATE SROXER IS THE PERSON QUN,n'40 TO ASE ON REAL ESTArE rRANEACTx7Ns IF You DESIRE LEGAL OR TAX AOVICE, CONSULT AN APPROPRIATE PROFESSIONAL_ TM ton u araWya 4a use by PA Mtn reL mWa iA WNV It n ruff nWood to bAnry NI wrM as a REALTORe REALTORIN y a m9m d cNAcWb membasbp may wh&A mIT b maroon Of IFS, NA17ONAL ASSOCIATION OF REALTORS* wM sumvOe b W Coo at Elhw It.ey ate. be PEblishidALS AT Uat NEStted 5 , REAL ESTATE 9USINESS SFAYN:ES. INC _ a .1twovy 4r—CaWnmu AaaCeOLon d REAL TORSO r 525 Sato Ywo Avenue. Lm Arlgyn, Caeorrtl, 9OITS, .ftw,ew y br Oeta _ AS 4112 (PAGE 1 OF 2) v, SELLER'S AFFIDAVIT OF NONFOREIGN STATUS AND/OR CALIFORNIA WITHHOLDING EXEMPTION (AS PAGE 1 OF 2) C"'W" Ti Ad— It' sa T""I"t"two Fb.r PUS Riven, CA %"& PlCele: iGl-oE7-l171 Fa, Cnfwry LI AIhNn VIII evu Poedured riilb Fyl� iota Aaff" fi+ M aPL ps I8070 Fineen M;ie Road. Fumy. I, I,Ban Ia026 n � �' ploga wen DocuSril�nEnvelope rt I qN 1 Inu i HAz BAn�Amdavit should5be signed by each Individual or entity Transfaror to whom or to which It applies. Berme you sign, any questions relating to the legal sufficiency of this form, or to whether it applies to you or to a particular transaction, or about the definition of any of the terms used, should be referred to an attorney, certified public accountant, or other professional tax advisor, the Internal Revenue Service, or the California Franchise Tax Board. For further information on federal guidelines, see C.A.R. Legal Q & A 'Federal tthholding: The Foreign investment in Real Property Tax Act,' and/or IRS Publication 5t 5 or 5t9. For further information on state guidelines, see C.A.R. Legal Q & A 'California Nonresident Withholding,' and/or California FTB Pub. 1016. FEDERAL GUIDELINES FOREIGN PERSONS DEFINED. The following general information is provided to assist sellers in determining whether they are 'foreign persons' for purposes of the Foreign Investment in Real Property Tax Act (FIRPTA), IRC §1445. FIRPTA requires a buyer to withhold and send to the Internal Revenue Service 10% of the gross sales price of a United States (U.S.) real property interest if the seller is a foreign person. No withholding is required for a seller who is a U.S. person (that Is, not a foreign person). In order for an individual to be a U.S. person, he/she must be either a U.S. citizen or a U.S. resident alien. The test must be applied separately to each seller In transactions involving more than one seller. Even if the seller is a foreign person, withholding will not be required in every circumstance. NONRESIDENT ALIEN INDIVIDUAL An individual whose residence is not within the U.S. and who is not a U.S. citizen is a nonresident alien. The term includes a nonresident alien fiduciary. An alien actually present in the U.S. who is not just staying temporarily (Le., not a mere transient or sojourner), is a U.S. resident for income tax purposes. An alien is considered a U.S. resident and not subject to withholding under FIRPTA if the alien meets either thegreen card test or the substantial presence test for the calendar year. GREEN CARD TEST. An alien is a U.S. resident if the individual was a lawful permanent resident of the U.S, at any time during the calendar year. This is known as the 'green card test.' SUBSTANTIAL PRESENCE TEST. An alien is considered a U.S. resident if the individual meets the substantial presence test for the calendar year. Under this test, the individual must be physically present in the U.S. on at least (1) 31 days during the current calendar year, and (2) 183 days during the current year and the two preceding years, counting all the days of physical presence in the current year but only it3 the number of days present in the first preceding year, and 1/6 the number of days present in the second preceding year. DAYS OF PRESENCE IN THE U.S. TEST. Generally, a person Is treated as physically present in the country at any time during the day. However, if a person regularly commutes to work in the U.S. from a residence in Canada or Mexico, or is in transit between two points outside the U.S. and is physically present In the country for less than 24 hours, he/she is not treated as present in the U.S. on any day during the transit or commute. In addition, the individual is not treated as present in the U.S. on any day during which he/she is unable to leave the U.S. because of a medical condition which arose while in the U.S. EXEMPT INDIVIDUAL. For the substantial presence test, do not count days for which a person Is an exempt individual. An exempt individual is anyone in the following categories: (1) An Individual temporarily present in the U.S. because of (a) full-time diplomatic or consular status, (b) full-time employment with an international organization or (c) an immediate family member of a person described in (a) or (b). (2) A teacher or trainee temporarily present In the U.S. under a 'J' visa (other than as a student) who substantially complies with the requirements of the visa. An Individual will not be exempt under this category for a calendar year If he/she was exempt as a teacher or trainee or as a student for any two calendar years during the preceding six calendar years. (3) A student temporarily present in the U.S. under an 'F" or'J' visa who substantially complies with the requirements of the visa. Generally, a person will not be exempt as a student for any calendar year after the fifth calendar year for which he/she was exempt as a student, teacher or trainee. However, the Individual may continue to be exempt as a student beyond the fifth year if he/she is in compliance with the tarns of the student visa and does not intend to permanently reside in the U.S. CLOSER CONNECTION TO A FOREIGN COUNTRY. Even if an individual would otherwise meet the substantial presence test, that person is not treated as meeting the test for the current calendar year if he/she: (1) Is present in the U.S, on fewer than 183 days during the current year, and (2) Has a tax home in a foreign country and has a closer connection to that country than to the U.S. SPECIAL RULES. It is possible to be both a nonresident alien and a resident alien during the same tax year. Usually this occurs for the year a person arrives In or departs from the U.S. Other special provisions apply to individuals who were U.S. residents for at least three years, cease to be U.S. residents, and then become U.S. residents again. NONRESIDENT ALIEN INDIVIDUALS MARRIED TO U.S. CITIZENS OR RESIDENT ALIENS may choose to be treated as resident aliens for most income tax purposes. However, these individuals are conslderednonresidents for purposes of withholding taxes. A FOREIGN PERSON OR PARTNERSHIP Is one that does not fit the definition of a domestic corporation or partnership. A domestic corporation or partnership is one that was created or organized In the U.S., or under the laws of the U.S., or of any U.S. stale or territory. GUAM AND U.S. VIRGIN ISLANDS CORPORATIONS. A corporation created or organized in or under the laws of Guam or the U.S. Virgin islands is not considered a foreign corporation for the purpose of withholding tax for the tax year if: (i) at all times during the tax year, less than 25% in value of the corporation's stock is owned, directly or indirectly, by foreign persons, and (2) at least 20% of the corporation's gross Income is derived from sources within Guam or at least 65% of the corporation's income is effectively connected with the conduct of a trade or business in the U.S. Virgin Islands or the U.S. for the 3-year period ending with the close of the preceding tax year of the corporation, or the period the corporation has been in existence if less. A NONRESPWALIEN TRUSTEE, ADMINISTRATOR OR EXECUTOR of a trust or an estate is as a nonresident alien, even though I1t -titan cries of the trust or estate are citizens or residents of the U.S. '11, Buyers Inr9ais ( Sellers initials ( 11 ) Copynphl O 1989-2012, CALIFORNIA ASSOCIATION OF REALTORS*, INC. AS REVISED 4112 (PAGE 2 OF 2) Ra—ved by Date _ SELLER'S AFFIDAVIT OF NONFOREIGN STATUS AND/OR CALIFORNIA WITHHOLDING EXEMPTION (AS PAGE 2 OF 2) Produced W"' MF-19 0y Mt.oga M01`0 Flft m Ace flood. Frisb, M6 9.e 46026 wxx pgn Cunt "M Sl d DocuSign Envelope ID: C93EDBF4-OF4C-4252-8928-B55164DC88SE AGENT VISUAL INSPECTION DISCLOSURE CA L t F O tL N I A (CALIFORNIA CIVIL CODE § 2079 ET SEQ.) • ASSOCIATION For use by an agent when a transfer disclosure statement is OF R E A L T O [t S s required or when a seller Is exempt from completing a TDS III, (C.A.R. Form AVID, Revised 1 ill 3) This inspection disclosure concerns the residential property situated In the City of Huntington Park Los Angeles State of California, described as 6036 Stafford Ave. County of Huntington Park CA 90255 e This Property is a duplex, triplex, or fourplex This AViD form is for unit 0 ("Pro p ry). units. . Additional AVID forms required for other Inspection Performed By (Real Estate Broker Finn Name) Centuruy 21 Allstars California taw requires, with limited exceptions, that a real estate broker or salesperson (collectively, 'Agent') conduct a reasonably competent and diligent visual inspection of reasonably and normally accessible areas of certain properties offered for sale and then disclose to the prospective purchaser material facts affecting the value or desirability of that property that the inspection reveals, The duty applies regardless of whom that Agent represents. The duty applies to residential real properties containing one-fo-four dwelling units, and manufactured homes (mobilehomes). The duty applies to a stand-alone detached dwelling (whether or not located in a subdivision or a planned development) or to an attached dwelling such as a condominium, The duty also applies to a lease with an option to purchase, a ground lease or a real property sales contract of one of those properties. California law does not require the Agent to inspect the following: Areas that are not reasonably and normally accessible • Areas off site of the property • Public records or permits • Common areas of planned developments, condominiums, stock cooperatives and the like. Agent Inspection Limitations: Because the Agent's duty is limited to conducting a reasonably competent and diligent visual inspection of reasonably and nornaily accessible areas of only file Property being offered for sale, there are several things that the Agent will not do. What follows is a non-exclusive list of examples of limitations on the scope of the Agent's duty. Roof and Attic: Agent will not climb onto a roof or into an attic. Interior. Agent wilt not move or look under or behind furniture, picturas, wall hangings or floor coverings. Agent will not look up chimneys or into cabinets, or open locked doors. E1derior. Agent will not inspect beneath a house or Other structure on the Property, climb up or down a hillside, move or look behind plants, bushes, shrubbery and other vegetation or fences, walls or other barriers. Apollances and 3-stems' Agent will not operate appliances or systems (such as, but not limited to, electrical, plumbing, spa, heating, cooling, septic, sprinkler, communication, entertainment, well Of water) to determine their functionality. pod or Size of easements r encroachments. Agent will not measure square footage of lot or Improvements, or identify or locate boundary tines, easements or encroachments. Agent wilt not determine if the Property has mold, asbestos, lead or lead-basad paint, radon, formaldehyde or any other hazardous substance or analyze soil or geologic condition. Of[ PEROWty Condlillonsi By statute, Agent is not obligated to pull permits or Inspect public records. Agent wig not guarantee views or zoning, identify proposed construction or development or changes or proximity to transportation, schools, or law enforcement. Analysis of Agent Diadosures• For any items disclosed as a result of Agent's visual inspection, or by others Agent will not provide an analysis of or determine the cause or source of the disclosed matter, nor determine the cost of any possible repair. What this means to you: An Agents inspection is not intended to take 0te place of any other type of inspection, nor Is it a substitute for a fug and complete disclosure by a seller. Regardless of what the Agent's inspection reveals, or what disclosures are made by sellers, California Law specifies that a buyer has a duty to exercise reasonable care to protect h imsalf or herself. This dtAy encompasses facts which are known to or within the diligent attention and observation of the buyer. Therefore, In order to dolamilne for themselves whether or not the Property meets their needs and intended uses, as well as the cost to remedy any disclosed or discovered defect, BUYER SHOULD: (1) REVIEW ANY DISCLOSURES OBTAINED FROM SELLER; (2) OBTAIN ADVICE ABOUT, AND INSPECTIONS OF, THE PROPERTY FROM OTHER APPROPRIATE PROFESSIONALS; AND (3) REVIEW ANY FINDINGS OF THOSE PROFESSIONALS WITH THE PERSONS WHO PREPARED THEM. IF BUYER FAILS TO 00 SO, BUYER iS ACTING AGAINST THE ADVICE OF 1! � Buyer's Initial { ) Setter's initiai { aCu ) ( ) The copyright Hwf of the UrooW states frig* 17 U.S. Code) Ibrbid the unaLehoozed reproduction d tM* form or any portion ttw*d, by phok=py maeNro m any other means, ImItmlrig tawny ar computeAted formats. Copyright o 2001-2013. CALIFORNIA ASSOCIATION OF REALTORSO, INC. ALL RIGHTS RESERVED. R*vlewed by Dab AVID REVISED I Ilia (PAGE i OF 31 AGENT VISUAL INSPECTION DISCLOSURE AVID PAGE f OF 3 Celery tl Ax•an ll S] Td�api Rd bd Nar ft. Jtl a CAM" Phone; riT K}SI21 Faa foolery 11 A"—YNeera Poducad rig dpreme try --tulle 15070 Fheen Lee Road. &,W, M: Wigan 4&026 -ply .w.w. au SUIT" DocuSign Envelope 10: C93EDBF4-8F4C-4252-8928-855164DC885E 6038 Stafford Ave. Properly Address: Huntington Park, CA owu [late September 12015 If this Property Is a duplex, triplex. Or faurpiex, this AVID is for unit tf Inspection Performed By (Real Estate Broker Firm Name) CenWruy 21 Afrstars Inspection DateMme: 9/1/2015 Weather conditions: Sunny Other persons present: N/A THE UNDERSIGNED, BASED ON A REASONABLY COMPETENT AND DILIGENT VISUAL INSPECTION OF THE REASONABLY AND NORMALLY ACCESSIBLE AREAS OF THE PROPERTY, STATES THE FOLLOWING: Entry (excluding common areas): N/A Living Room: Stains noted on carpet. Dining Room: No items noted Kitchen: No items noted Other Room: Stains noted on carpet in Family Room. HalliStairs (excluding common areas): No items noted Bedroom M NO items noted Bedroom N : No items noted Bedroom 8 Bathill No i tems noted Bath# . No items noted Sath# Other Room: N/A N/A os Buyer Initial ( f^ INC�� Cory yruo zota, J Sellers lnifials ) ( ) CATION pF RFAlTt7RS�, AVID REVISED I III ] (PAGE 2 OF 3) Revlecia0 by Gate � AGENT VISUAL INSPECTION DISCLOSURE (AVID PAGE 2 OF 3) I.Dd—d -kh tJPF—*.y anleg!a I WIO FA..n MF - eu.d. Fraser A.a.g- N029 exx mu d en„, iili Atrter. DocuSign Envelope 1D: C93EDBF4-8F4C-4252-Bg2B-B55164DC885E c A L I F U H1 A LEAD -BASED PAINT AND LEAD -BASED PAINT HAZARDS A s s o s: r A T I o nl DISCLOSURE, ACKNOWLEDGMENT AND ADDENDUM ♦, OF a E A L T o a S For Pre-1978 Housing Sates, Leases, or Rentals (C.XR, Form FLD Revised IIII at The following terms and conditions are hereby incorporated in and made a part of the: X California Residential Purchase Agreement, Residential Lease or Month -to -Month Rental Agreement, or Other: , dated January 20, 2016 on property known as: which 6036 Stafford Ave. , Huntington Park, CA 90058 ("Property") in Tenant and is referred to as Buyer or Vernon City Landlord. is referred to as Seller or LEAD WARNING STATEMENT (SALE OR PURCHASE) Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is noted that such property may present exposure to lead from lead -based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligent quotient, behavioral problems and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property is required to provide the buyer with any information on lead -based paint hazards from risk assessments or inspections in the seller's possession and notify the buyer of any known lead -based paint hazards. A risk assessment or inspection for possible lead -based paint hazards is recommended prior to purchase. LEAD WARNING STATEMENT (LEASE OR RENTAL) Housing built before 1978 may contain lead -based paint, Lead from paint, paint chips and dust can pose health hazards if not managed properly. Lead exposure is especially harmful to young children and pregnant women. Before renting pre-1978 housing, lessors must disclose the presence of lead -based paint and/or lead -based paint hazards in the dwelling. Lessees must also receive federally approved pamphlet on lead poisoning prevention. EPA'S LEAD -BASED PAINT RENOVATION, REPAIR AND PAINTING RULE: The new rule requires that contractors and maintenance professionals working in pre-1978 housing, child care facilities, and schools with lead -based paint be certified; that their employees be trained; and that they follow protective work practice standards. The rule applies to renovation, repair, or painting activities affecting more than six square feet of lead -based paint in a room or more than 20 square feet of lead -based paint on the exterior. Enforcement of the rule begins October 1, 2010. See the EPA website at www.epa.gov/lead for more information. 1. SELLER'S OR LANDLORD'S DISCLOSURE I (we) have no knowledge of lead -based paint and/or lead -based paint hazards in the housing other than the following: i (we) have no reports or records pertaining to lead -based paint and/or lead -based paint hazards in the housing other than the following, which, previously or as an attachment to this addendum, have been provided to Buyer or Tenant I (we), previously or as an attachment to this addendum, have provided Buyer or Tenant with the pamphlet "Protect Your Family From Lead In Your Home" or an equivalent pamphlet approved for use in the State such as "The Homeowner's Guide to Environmental Hazards and Earthquake Safety." Fgl Sales 1WAaW9nc_QnLx_ Buyer has 10 days, unless otherwise agreed in the real estate purchase contract, to conduct a risk assessment or inspection for the presence of lead -based paint and/or lead -based paint hazards. I (we) have reviewed the information above and certify, to the best of my (our) knowledge, that the Information provid tcHr ABA correct. Q.,� INt�&, 2/8/2016 Seller LV1Sr5mr lu+1on City Date Seller or Landlord The witynght laws of the un,w Staten (Hite 17 U.S. Code) forbrd Date the unaulbortzed reproduction of tlas loan, or an ns y porllon iffoa or by photocopy, machine w any o9 0 means. including Facsimile w - ASSOCOM"CIATION fortrF R Copytigtd 10 PIC ALL RI HTS RESF Buycrstrananrs kvkals ASSOCiATtGN OF REALTORSx7, rNC ALL RIGHTS RESERVED. r FLD REVISED 11110 (PAGE 1 OF 2) Rev ewed by Dale LEAD -BASED PAINT AND LEAD -BASED PAINT HAZARDS DISCLOSURE -.FLD PAGE 1 OF 2) Cmury 71 Aetut' 9155 TzkMPh Ml tad Flow Pin rtux CA "G" Phpac Sa7dditl7i Csawrn AW,—VIA nu Producad with dpFwmelb FOt: NX SaB+M y slPlogh iee76 rAiaen Mile Hand. FnNr. Ykhlgan NWi rixw_lalneh DocuSign Envelope ID:C93EDBF4-8F4C-4252-B92B-B55164DC885E Property Address: 6036 Stafford Ave., Huntington Park, CA W058 Date September 1, 2015 2. LISTING AGENTS ACKNOWLEDGMENT Agent has informed Seiler or Landlord of Seller's or Landlord's obligations under §42 U.S.C. 4852d and is aware of Agent's responsibility to ensure compliance. I have reviewed the information above and certify, to the best of my knowledge, that the information provided is true and correct. Doc" _"d by. Century 21 Allstars By ✓/` - 2/9/2016 (Please Print) Agent (Broker representing Seller or Landlord) As enaee or Broker Signature Date Luther Sanchez 3. BUYER'S OR TENANT'S ACKNOWLEDGMENT I (we) have received copies of all information listed, if any, in i above and the pamphlet "Protect Your Family From Lead In Your Home" or an equivalent pamphlet approved for use in the State such as "The Homeowner's Guide to Environmental Hazards and Earthquake Safety." if delivery of any of the disclosures or pamphlet referenced in paragraph 9 above occurs after Acceptance of an offer to purchase, Buyer has a right to cancel pursuant to the purchase contract, ff you wish to cancel, you must act within the prescribed period. For Sales Transactions Only: Buyer acknowledges the right for 10 days, unless otherwise agreed in the real estate purchase contract, to conduct a risk assessment or Inspection for the presence of lead -based paint and/or lead -based paint hazards; OR, (i(checked) Buyer waives the right to conduct a risk assessment or inspection for the presence of lead -based paint and/or lead -based paint hazards. I (we) have reviewed the information above and certify, to the best of my (our) knowledge, that the Information pr and correct. 2/9/2016 Bu bY'1H° Date Buyer or Tenant Date 4. COOPERATING AGENTS ACKNOWLEDGMENT Agent has Informed Seller or Landlord, through the Listing Agent if the property is listed, of Seller's or Landlord's obligations under §42 U.S.C. 4852d and is aware of Agent's responsibility to ensure compliance. I have reviewed the Information above and certify, to the best of my knowledge, that the information provided Is true and correct. D-, 5lg_d by Century 21 Allstars 2/9/2016 By Agent (Broker obtaining the Offer) Assocta TAWS'$roker Signature Data THIS FORM HAS BEEN APPROVED 9Y THE CAUFORNIA ASSOCIATION OF REALTORSS (CA.R.). NO REPReSENTATION Is MADE .AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION NY ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS, IF YOU DESIRE LEGAL OR TAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL This form Is W41dable for use by Iris entire real estate IndusbY. K is not intended to identity the user as a REALTORS REALTORS is a registered coIlectrve memt),,Np mark wNch may he used only by members of the NATIONAL ASSOCIATION OF REALTORS6 who suhsedbe 10 its Code of Ethics. IdPublished and OismWed 4Y: REAL ESTATE BUSINESS SERVICES. INC. a sub-AA-Y of the Cahfanea Assoclefian of REAL FORS® 525 South Vlrgll Avenue. Los Angeles, Calffonsa 9W20 FLReviewed by DateD REVISED 1117D (PAGE 20F 2) LEAD -BASED PAINT AND LEAD -BASED PAINT HAZARDS DISCLOSURE (FLD PAGE 2 OF 2) Produced mN !VFbbbQ by boLb91 1807b Fbeen )4" Rand. Fr V. AArA m 4a025 wxw��; . 6431 54OW C A L I F 0 R N I A ASSOCIATION SELLER PROPERTY QUESTIONNAIRE OF R E A L T O R S (d•A•R. Form SPO, Revised 11/13) This form is not a substitute for the Real Estate Transfer Disclosure Statement (TDS). It is used by the Seller to provide additional information when a TDS is completed or when no TOS is required. 1. Seller makes the following disclosures with regard to the real property or manufactured home described as 6036 Stafford Ave. , Assessor's Parcel No. situated in Huntington Park County of Los Angeles California ("Property'). 11, The following are representations made by the Seller. Unless otherwise specified In writing, Broker and any real estate licensee or other person working with or through Broker has not verified information provided by Seller. A real estate broker is qualified to advise on real estate transactions. If Seller or Buyer desires legal advice, they should consult an attorney. Ili, Note to Sailor. PURPOSE: To tell the Buyer about known material significant items affecting the value or desirability of the Property and help to eliminate misunderstandings about the condition of the Property. • Answer based on actual knowledge and recollection at this time. • Something that you do not consider material or significant may be perceived differently by a Buyer. • Think about what you would want to know if you were buying the Property today, • Read the questions carefully and take your time. • If you do not understand how to answer a question, or what to disclose or how to make a disclosure in response to a question, whether on this form or a TDS, you should consult a real estate attorney in California of your choosing. A broker cannot answer the questions for you or advise you on the legal sufficiency of any answers or disclosures you provide. IV. Note to Buyer: PURPOSE: To give you more information about known material _gr siynifican jW-m2 affecting the value or desirability of the Property and help to aliminate misunderstandings about the condition of the Property. • Something that maybe material or significant to you may not be perceived the same way by the Seiler. • if something is Important to you, be sure to put your concerns and questions in writing (C.A.R, form BMI). • Sellers can only disclose what they actually know. Seller may not know about all material or significant Items. • Seller's disclosures are not a substitute for your own Investigations, personal judgments or common sense. V. SELLER AWARENESS: For each statement below, answer the question "Are you (Seller) aware of.,." by checking either "Yes" or "No." Provide explanations to answers In the space provided or attach additional comments and check section VI. A. STATUTORILY OR CONTRACTUALLY REQUiRED OR RELATED: ARE YOU (SELLER) AWARE OF... 1. Within the last 3 years, the death of an occupant of the Property upon the Property .................... Yes No 2. An Order from a government health official identifying the Property as being contaminated by meth amphetamine. (If yes, attach a copy of the Order,) ......... ................................. Yes f No 3. The release of an illegal controlled substance on or beneath the Property ............ . ... . . . ........ Yes ! No 4, Whether the Property Is located in or adjacent to an "industrial use" zone ............... . ........... Yes No (in general, a zone or district allowing manufacturing, commercial or airport uses.) 5. Whether the Property is affected by a nuisance created by an "industrial use" zone .... . ..... . . . ....... Yes / No 6. Whether the Property is located within 1 mile of a former federal or state ordnance location .............. Yes / No (In general, an area once used for military training purposes that may contain potentially explosive munitions,) T. Whether the Property is a condominium or located in a planned unit development or other common Interest subdivision.. . ........ ........... .......................... Yes No S. insurance claims atecting the Property within the past 5 years .............................. . ... . . Yes / No 9. Matters affecting title of the Property........................................................ Yes / No 10. Material facts or defects affecting the Property not otherwise disclosed to Buyer .... . . . ............... Yes No Explanation, or (if checked) see attached; 13. REPAIRS AND ALTERATIONS: ARE YOU (SELLER) AWARE OF... I. Any alterations, modifications, remodeling, replacements or material repairs on the Property (including those resulting from Home Warranty claims) ........ . ... . ............................. Yes / No 2. Ongoing or recurring maintenance on the Property (tor,pie, drain or sewer clean -out, tree or pest control service) ...... Yes / No , Buyers Initials Sellers lnitla f i' Z 2005.2913 California Association of REALTORSND. Inc SPCA REVISED 11113 (PAGE 1 OF 4) SELLER PROPERTY QUESTIONNAIRE (SPQ PAGE 1 OF 4) Century 11 AilsUn 1155 Trlejreph Rd. Ind Floor Pico sivero, CA 90ai0 Phone %1.1"1121 Fax UaUdd Cwowry 11 Allows Yldsncuea Produced wllh dpformS by ilpLop 13070 F,flsen MAs Road Frsa•r M n gen 48026 hV& xrnL,emr G410! Property Address: 6036 Stafford Ave. Huntington Park, CA 90255 Date. September 1, 2015 3. Any part of the Property being painted within the past 12 months..................... ............. Yes / No 4. If this is a pre-1978 Property, were any renovations (i.e., sanding, cutting demolition) of lead -based paint surfaces completed In compliance with the Environmental Protection Agency Lead -Based Paint Renovation Rule ......................................... .. Yes No Explanation: C. STRUCTURAL, SYSTEMS AND APPLIANCES: ARE YOU (SELLER) AWARE OF... 1. Defects In any of the following, (including past defects that have been repaired): heating, air conditioning, electrical, plumbing (including the presence of polybutylene pipes), water, sewer, waste disposal or septic system, sump pumps, well, roof, gutters, chimney, fireplace, foundation, crawl space, attic, soil, grading, drainage, retaining walls, interior or exterior doors, windows, walls, ceilings, floors or appliances ........................................ .. Yes r No 2. The teasing of any of the following on or serving the Property: solar system, water softener system, water purifier system, alarm system, or propane tank (s) ...................................... Yes f No 3. An alternative septic system on or serving the Property.... ................................. Yes / No Explanation: 0. DISASTER RELIEF, INSURANCE OR CiVIL SETTLEMENT: ARE YOU (SELLER) AWARE OF... i . Financial relief or assistance, Insurance or settlement, sought or received, from any federal, state, local or private agency, Insurer or private party, by past or present owners of the Property, due to any actual or alleged damage to the Property arising from a flood, eartipuake, fire, other disaster, or occurrence or defect, whether or not any money received was actually used to make repairs ................. .... ......................... Yes ,/ No Explanation: E. WATER -RELATED AND MOLD ISSUES: ARE YOU (SELLER) AWARE OF... 1. Water intrusion into any part of any physical structure on the Property; leaks from or In any appliance, pipe, slab or roof; standing water, drainage, flooding, underground water, moisture, water -related soli settling or slippage, on or affecting the Property ............. % Yes No 2. Any problem with or infestation of mold, mildew. fungus or spores, past or present, an or affecting the Property ............................ Yes / No 3. Rivers, streams, flood channels, underground springs, high water table, floods, or tides, on or affecting the Property or neighborhood ................ . ........ ..... Yes / No Explanation:,t,­ . r4. � k- i', f v ftb,0L F. PETS, ANIMALS AND PESTS: ARE YOU (SELLER) AWARE OF... 1. Pets on or in the Property Yes 1 No 2. Problems with livestock, wildlife, insects or pests an or in the Property . , ... Yes % No 3. Past or present odors, urine, feces, discoloration, stains, spots or damage In the Property, due to any of the above .................... ...................... Yes_ No 4. Past or present treatment or eradication of pests or odors, or repair of damage due to any of the above .............. . . ... ...... Yes No If so, when and by wham Explanation: G. BOUNDARIES, ACCESS AND PROPERTY USE BY OTHERS- ARE YOU (SELLER) AWARE OF... 1. Surveys, easements, encroachments or boundary disputes . Yes / No 2. Use or access to the Property, or any part of it, by anyone other than you, with or aermisston, for any purpose, including but not limited to, using or maintaining roads, d er forms of ingress or egress or other travel or drainage ............... ,mot Yes ,e No Buyer's Initials ) Salter'- In s SPO REVISED 1Ili 3 (PAGE 2 OF 4) r ■ SELLER PROPERTY QUESTIONNAIRE (SPQ PAGE 2 OF 4) a odu, ed w.m riffannO by zoLagn 18010 Faw ba . Road Fraw Mich qw 41025 m L edtkd Property Address: 6036 Stafford Ave., Huntington Park, CA 90255 Date: Sggpmbor 1, 2015 3. Use of any neighboring property by you Yes / No Explanation: H. LANDSCAPING, POOL AND SPA: ARE YOU (SELLER) AWARE OF., 1. Diseases or infestations affecting trees, plants or vegetation on or near the Property ..... ........... Yes f No 2. Operational sprinklers on the Property ........... / Yes No (a) If yes, are they % automatic or manually operated. (b) if yes, are there any areas with trees, plants or vegetation not covered by the sprinkler system Yes J No 3. A pool heater on the Property ............................. .......................... Yes ; No if yes, is it operational? ............. Yes No 4. A spa heater on the Property ....................... . ................. .... . ... ..... Yes / No If yes, is it operational? ............. Yes No S. Past or present defects, leaks, cracks, repairs or other problems with the sprinklers, pool, spa, waterfall, pond, stream, drainage or other water -related decor including any ancillary equipment, including pumps, filters, heaters and cleaning systems, even if repaired .. Yes j No Explanation: 1. CONDOMINIUMS, COMMON INTEREST AND DEVELOPMENTS AND OTHER SUBDIVISIONS: ARE YOU (SELLER) AWARE OF— f . Any pending or proposed dues Increases, special assessments, rules changes, insurance availability issues, or litigation by or against or fines or violations issued by a Homeowner Association or Architectural Committee affecting the Property ............... Yes - No 2. Any declaration of restrictions or Architectural Committee that has authority over improvements made on or to the property ............. ... . ................... Yes r' No 3. Any improvements made on or to the property without the required approval of an Architectural Committee or inconsistent with any declaration of restrictions or Architectural Commitee requirement. .. ....................................... Yes No Explanation: J. TITLE, OWNERSHIP AND LEGAL CLAIMS: ARE YOU (SELLER AWARE OF... I. Any other person or entity on title other than Seller(s) signing this form .... Yes / No 2. Leases, options or claims affecting or relating to title or use of the Property ... Yes j No 3. Past, present, pending or threatened lawsuits, settlements, mediations, arbitrations, tax liens, mechanics' liens, notice of default, bankruptcy or other court filings, or government hearings affecting or relating to the Property, Homeowner Association or neighborhood .. ................. Yes 1 No 4. Any private transfer fees, triggered by a sale of the Property, in favor of private parties, charitable organizations, Interest based groups or any other person or entity . ..... .. , . . . Yes / No Explanation: K. NEIGHBORHOOD: ARE YOU (SELLER) AWARE OF... I- Neighborhood noise, nuisance or other problems from sources such as, but not limited to, the following: neighbors, traffic, parking congestion, airplanes, trains, light rail, subway, trucks, freeways, buses, schools, parks, refuse storage or landfill processing, agricultural operations, business, odor, recreational facilities, restaurants, entertainment complexes or facilities, parades, sporting events, fairs, neighborhood parties, litter, construction, air conditioning equipment, air compressors, generators, pool equipment or appliances, underground gas pipelines, cell phone towers, high voltage transmission lines, or wildlife .................... . ... . .... Yes / No Explanation: as Buyer's Initials C`SC' ) Seller's Initials P�'°'� SPQ REVISED OF 4) SELLER PROPERTY QUESTIONNAIRE (SPO PAGE 3 OF 4) Produod vAth toFonne by xipLogu 14070 Fifteen We Read, Fraser Mldt gm 48026 yelKjg pgk= Undlkd M Property Address: 6036 Stafford Ave., Huntington Park, CA 90255 Date: September 1, 2015 L. GOVERNMENTAL: ARE YOU (SELLER) AWARE OF.., 1. Ongoing or contemplated eminent domain, condemnation, annexation or change in zoning or 2. general plan that applies to or could affect the Property ......................................... Existence or pendency of any rent control, occupancy restrictions, improvement Yes I No restrictions or retrofit requirements that apply to or could affect the Property ..................... Yes No 3. _ . Existing or contemplated building or use moratoria that apply to or could affect the Property ............. Yes I No 4. Current or proposed bonds, assessments, or fees that do not appear on the Property tax bill S. that apply to or could affect the Property .................................................. Proposed construction, reconfiguration, or closure of nearby Government facilities or amenities Yes No such as schools, parks, roadways and traffic signals . .. .... ........... ........... ... Yes No 6. ..... Existing or proposed Govemment requirements affecting the Property (i) that tall grass, brush or other vegetation be cleared; (It) that restrict tree (or other landscaping) planting, removal or cutting or (III) that flammable materials be removed .............. ......................... ..... Yes / No T. Any protected habitat for plants, trees, animals or insects that apply to or could affect the Property........ ................................................................... Yes i' No S. Whether the Property is historically designated or falls within an existing or proposed Historic District......................................................................... Yes j No Explanation: M. OTHER: ARE YOU (SELLER) AWARE OF... 1. Reports, inspections, disclosures, warranties, maintenance recommendations, estimates, studies, surveys or other documents, pertaining to (I) the condition or repair of the Property or any improvement on this Property In the past, now or proposed; or (ti) easements, encroachments or boundary disputes affecting the Property ................... ............. Yes / No (If yes, provide any such documents in Xgur possession to Buyer.) 2. Any occupant of the Property smoking on or in the Property ............... ........ .. .. .... .. Yes / No 3. Any past or present known material facts or other significant items affecting the value or desirability of the Property not otherwise disclosed to Buyer ................... , ........... Yes?.,' No Explanation- Vt. (IF CHECKED) ADDITIONAL COMMENTS: The attached addendum contains an explanation or additional comments in response to specific questions answered "yes' above. Refer to line and question number in explanation. Sailor represents that Seller has provided the answers and, if any, explanations and comments on this form and any attached addenda and that such Information is true and correct to the best of Seller's knowledge as of the date signed by Seller. Seiler acknowledges (1) Seller's obligation to disclose information requested by this form is independent from any duty of disclosure that a real estate licensee may have in this transaction; and (il) nothing that any such real estate licensee does or says to Seiler relieves Seiler from hfsfhar n duty of disclosure. __ Seller �� -.� f Vernon City nato Seiler / Date By signing belowtL Buyer acknowledges that Buyer has read, understands and has received a copy of this Seiler Property Buyer MIMIACIPAR4,99A Date 2/9/2016 Buyer Date YETIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSIN (C.A,R.� NO REPRESENTATION IS MADE AS TO THE LEGAL VALiD" OR ADEOLOACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED To ADVISE ON REAL ESTATE TRANSACTIONS IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL This knn is available for use by In Online mat estate Industry. It Is not Intended to Identity the user as a REALTORS. REALTORO Is a registered collective membership "NA which may be used only by awmbws of the NATIONAL ASSOCIATION OF REALTORSS* who subscribe l0 its Code of Ethics Published and Distributed by: REAL ESTATE BUSINESS SERVICES, INC. Uc a sub&Wwy ofOw CALiFORNM ASSOCM??ON OF REAL TORSO525 South VIrgO Avenue, Los Anpdes, t:elitamis 90020 0 Reviewed by Date f2t SPO REVISED 11113 (PAGE 4 OF 4) SELLER PROPERTY QUESTIONNAIRE (SPQ PAGE 4 OF 4) Procuced rtlh *Fo me by apLasix 18070 Filter We flood, Fnmw AA Ngen 46026 jmL&l,as &&= UntNtd Residential Earthquake Hazards Report Edition) (2005 1110E Answer these quesji nj to the best of Your knO"4Ied9P, It Vol' do nal have actual knGwled(lo as to 'Can'tw,whether 'Can't tn thhjthe we-).knL5s exists, know" If your dais not have the feature. answer Taemn't A.pply' The; page Mlnihers e c ht-haod column jo(jicatrIanswer where to lbi5 Quid,- you can End Ifliorn,.3lio an n each of these (aaltm!5 Don't SQU r". Apply Krww P24.1 I is the avatar healer hfacelf, strappea, Or anchored to 1`01,111 falling during an eannquaije C) 2 Is the house anchored or balled to the foundation? 11 C1 0 i4 3. It tile hou,,a ties Clippie walls0 • Are. the oxiE,(41( cr;Opj6j wells hrace[j, EJ 11 16 If the exterior fail oda (loci cons"Sts Of "'Ic",011ficted C00"ete Plers and post, havt, rfa they been F1 4. It We exterior lounoaiion, of part of it, is RP;ldk; & unreinforced m3sijfj, rja5 it hecn ti strengthaned? 5. it the house la built on a hillside20 Are the exlChOr tJJI foundation walls UracoO i- n Were the tall posts of (.,,)junj4js either b-141 10 rd-31it eafthofuokfm. or have jhqy strengthened CVl C-7 6. It the exteflof wafli of the hatlie, Or part Of them, iuR made Of uIltdin(clFcood maaoni-y, have they b0011 itrOncilheried? Cj L� 0 24 If the t`0115a nai J living area aver the garage, was the rjltl if wild the gal,3ge door OPer11119 either built to M511t eatIhqUdke5 Of has it bei;n straligthenad, f 26 :3 9. Is the house OW54de art Alquim-PriOlo E-r1hqu3k-Fatli lane r3y a known earthquake faults)- ro be roported co ?he 16>%,urrokndiog CL 9 Is the house nujsIjj .1 Seismic Hazard Zone (zone clenw)cd 11 jLcdrjfihI, to tiquelactinn Nalural F1,7.,drds DjSCj034,f-j or larldsli(iing)? Report 36 11 any Of the questions are answered 'No,' the house Is likely I,) have,in eadt tuaka weakness Q �tjunj e. -intrwprad "Don't Know' teay U lndlcjta A rlat`tj for further a"Ziudthrl. If You aoavcted one or mote Of thOA0 weakilf,15!iaa, dejenbo Ihn Nark or, 9 jail t,, rll� Pag a As aelle( at tile proptifty clat.1crihod herein, I have an.iweifln If,e ju,.,,lJOns a0ave fo the hem otc7p, kno,/dOcIge in JA Winn to disclose fully any potential aalt"quah'a w4alow95Ses it 'nay halya RECUTE0 BY oat# 3CkTICI1-,4&fQt- rlrelpi at this Inn", COMP1,01f.-d and ilqn;N1 by the idfer. I tinnarslailti lr,at it the elle Ind a lack of tInowledgtj, there �nay ' f has do'wered 'Na' to ,, cl, po,q be 0/lu Or Male earthquake wt-ako,-.n�;aq in this hali4e, 2/9/2016 ClAta This aarthofu4ka disclosure Is illide in addition to, the itindard rs4l estate fic.-Insfor &SCIO'sUre 'A-Ittlintint also raquirad by law, I fie rlaaleowner a (3uf(le to Earthquake Safety 4/ ! C A L I F 0 R N I A ASSOCIATION REAL ESTATE TRANSFER DISCLOSURE STATEMENT O F R E A L T O R S' (CALIFORNIA CIVIL CODE 91102, ET SEG.) (C.A.R. Form TDS, Revised 4/14) THIS DISCLOSURE STATEMENT CONCERNS THE REAL PROPERTY SITUATED IN THE CITY OF Huntington Park , COUNTY OF Los Angeles , STATE OF CALIFORNIA, DESCRIBED AS 6036 Stafford Ave. Huntington Park, CA 90255 THIS STATEMENT IS A DISCLOSURE OF THE CONDITION OF THE ABOVE DESCRIBED PROPERTY IN COMPLIANCE WITH SECTION 1102 OF THE CIVIL CODE AS OF (date) September 1, 2015 . IT IS NOT A WARRANTY OF ANY KiND BY THE SELLER(S) OR ANY AGENT(S) REPRESENTING ANY PRiNCIPAL(S) IN THIS TRANSACTION, AND IS NOT A SUBSTITUTE FOR ANY INSPECTIONS OR WARRANTIES THE PRINCIPAL($) MAY WISH TO OBTAIN. 1. COORDINATION WITH OTHER DISCLOSURE FORMS This Real Estate Transfer Disclosure Statement Is made pursuant to Section 1102 of the Civil Code. Other statutes require disclosures, depending upon the details of the particular real estate transaction (for example: special study zone and purchase -money liens an residential property). Substituted Disclosures: The following disclosures and other disclosures required by law, Including the Natural Hazard Disclosure Report/Statsment that may include airport annoyances, earthquake, fire, flood, or special assessment information, have or will be made in connection with this real estate transfer, and are intended to satisfy the disclosure obligations on this form, where the subject matter is the same: inspection reports completed pursuant to the contract of sale or receipt for deposit. Additional inspection reports or disclosures: 11. SELLER'S INFORMATION The Seller discloses the following information with the knowledge that even though this is not a warranty, prospective Buyers may rely on this information in deciding whether and on what terms to purchase the subject property. Seller hereby authorizes any agent(s) representing any principal(s) in this transaction to provide a copy of this statement to any person or entity in connection with any actual or anticipated sale of the property. THE FOLLOWING ARE REPRESENTATIONS MADE BY THE SELLER(S) AND ARE NOT THE REPRESENTATIONS OF THE AGENT(S), IF ANY. THIS INFORMATION IS A DISCLOSURE AND iS NOT INTENDED TO BE PART OF ANY CONTRACT BETWEEN THE BUYER AND SELLER. Seller isf is not occupying the Home. A. The subject property has the Items checked below: / Range Wall/Window Air Conditioning Pool: Oven /Sprinklers / Microwave f Public Sewer System Child Resistant Barrier Pool/Spa Heater. / Dishwasher Septic Tank Gas Solar Electric Trash Compactor Sump Pump / Water Heater: / Garbage Disposal Water Softener % Washer/Dryer Hookups Pado/Decking i Gas Solar Electric i Water Supply: Rain Gutters BuWln Barbecue t City Wag Burglar Alarms Gazebo Private Utility or / Carbon Monoxide Device(s) Security Gate(s) Other Smoke Detector(s) / Garage: % Gas Supply Fire Alarm Attached Not Attached I Utility Bottled (Tank) TV Antenna Carport Window Screens Satellite Dish Automatic Garage Door Opener(s) Window Security gars intercom Number Remote Controls Central Heating Sauna Quids Release Mechanism on f Central Air Conditioning Hot Tub/Spa: Bedroom Windows Water -Conserving Plumbing Fixtures Evaporator Cooler(s) Locking Safety Cover Exhaust Fan(s) In 220 Volt Wiring In Fireplace(s) in Gas Starter Roof(O Type: Age. (approx.) Other. Are there, to the best of your (Setter's) knowledge, any of the above that are not in operating condition? Yes "No. If yes, then describe. (Attach additional sheets If necessary): ('see note on p Sj Buyers Initials ( C= ) Setter's Initialrf( 411MI - 2014, CNNomh ANocioNn ar REALTORM be TOO REVISED 4114 (PAGE 1 OF 3) Reviewed b Date REAL ESTATE TRANSFER DISCLOSURE STATEMENT (TDS PAGE 1 OF 3) Cawry It AWius f(SS W%ra t Md. Ind ftse Fla Rbtm, CA SMN Phan. Sp41632129 Fa: uutW Cam . 11 Atburs vubaan Frodugo l Nt y FfAwk to, n Lt -r j4M F M}n N4 Road FmW I, W1ran 4W2ti Property Address: 6036 .Stofford Ave., Huntington Pant CA 9025E Dale: September i 3015 1:3. Are you (Seller) aware of any significant defects/malfunctions in any of the following? Yes /No. if yes, check appropriate space(s) below. Interior Walls Ceilings Floors Exterior Walls insulation Roof(s) Windows Doors Foundation Slab(s) Driveways Sidewalks Wails/Fences Electrical Systems PIumbing1Sewers/Soptics Other Structural Components (Describe: if any of the above is checked, explain. (Attach additional sheets If necessary,): 'Installation of a listed appliance, device, or amenity is not a precondition of sale or transfer of the dwelling. The carbon monoxide device, garage door opener, or child -resistant pool barrier may not be In compliance with the safety standards relating to, respectively, carbon monoxide device standards of Chapter 8 (commencing with Section 13260) of Part 2 of Division 12 of, automatic reversing device standards of Chapter 12.5 (commencing with Section 19690) of Part 3 of Division 13 of, or the pool safety standards of Article 2.5 (commencing with Section 115920) of Chapter 5 of Part 10 of Division 104 of, the Health and Safety Code. Window security bars may not have quick -release mechanisms in compliance with the 1995 edition of the California Building Standards Code. Section 1101.4 of the Civil Code requires all single-family residences built on or before January 1, 1994, to be equipped with water -conserving plumbing fixtures after January 1, 2017. Additionally, on and after January 1, 2014, a single-family residence built on or before January 1, 1994, that is altered or improved is required to be equipped with water -conserving plumbing fixtures as a condition of final approval. Fixtures in this dwelling may not comply with section 1101.4 of the Civil Code. C. Are you (Seller) aware of any the following: 1. Substances, materials, or products which may be an environmental hazard such as, but not limited to, asbestos, formaldehyde, radon gas, lead -based paint, mold, fuel or chemical storage tanks, and contaminated soil or water on the subject property .................. .................................... ................ Yes /No 2. Features of the property shared in common with adjoining landowners, such as walls, fences, and driveways, whose use or responsibility for maintenance may have an effect on the subject property .................... . Yes /No 3. Any encroachments, easements or similar matters that may affect your Interest in the subject property ......... Yes / No 4. Room additions, structural modifications, or other alterations or repairs made without necessary permits........ Yes / No 5. Room additions, structural modifications, or other alterations or repairs not in compliance with building codes .... Yes / No 6. Fill (compacted or otherwise) on the property or any portion thereof ..................................... Yes / No 7. Any settling from any cause, or slippage, sliding, or other soil problems ............... . . . .... , ... , Yes / No 8. Flooding, drainage or grading problems ........ . .... . . . . Yes / No 9. Major damage to the property or any of the structures from fire, earthquake, floods, or landslides .. . ..... . ... . . Yes / No 10. Any zoning violations, nonconforming uses, violations of "setback" requirements ....... . ...... . .... . . . . Yes / No 11. Neighborhood noise problems or other nuisances .................. /................................. Yes No 12, CC&R's or other deed restrictions or obligations ............ . ..... . ................................ Yes No 13. Homeowners' Association which has any authority over the subject property ........ . .......... .. Yes j No 14. Any "common area" (facilities such as pools, tennis courts, walkways, or other areas co -owned in undivided Interest with others) .. Yes / No 15. Any notices of abatement or citations against the property .... . ........... . .......... . .. ............... Yes f No 16. Any lawsuits by or against the Seiler threatening to or affecting this real property, claims for damages by the Seller pursuant to Section 910 or 914 threatening to or affecting this real property, claims for breach of warranty pursuant to Section 900 threatening to or affecting this real property, or claims for breach of an enhanced protection agreement pursuant to Section 903 threatening to or affecting this real property, Including any lawsuits or claims for damages pursuant to Section 910 or 914 alleging a defect or deficiency in this rea! property or "common areas" (facilities such as pools, tennis courts, walkways, or other areas cc -owned in undivided interest withothers) ........................................ . . ............ .......................... Yes / No If the answer to any of these is yes, explain. (Attach additional sheets if necessary.): D. 1. The Seller certifies that the property, as of the close of escrow, will be in compliance with Section 13113.8 of the Health and Safety Code by having operable smoke detactor(s) which are approved, listed, and installed In accordance with the State Fire Marshal's regulations and applicable local standards. 2. The Seller certifies that the property, as of the close of escrow, will be in compliance with Section 19211 of the Health and Safety Code by having the water heater tank(s) braced, anchored, or strapped in place in accordance with applicable law. os Buyer's initials Sellers Initial' TDS REVISED 4114 (PAGE 2 OF 3) Reviewed by Date Q REAL ESTATE TRANSFER DISCLOSURE STATEMENT (TOS PAGE 2 OF 3) Produced with dpFormO by apLagix 18010 RR«n We tined Fraser, Michigan 48026 wxr&aLagl = llntllird Property Address: 6036 Stafford Ave. , Huntington Park, CA g0255 Date: September t, 2015 Seller certifies that the information herein is true and correct to the best of the Sellers knowledge es of ttM date signed by the Seiler. Seiler Date �� ., Vernon City— -tom J Seiler ' _ Date f f` III. AGENT'S INSPECTION DISCLOSURE (To be completed only If the Seller Is represented by an agent in this transaction.) THE UNDERSIGNED, BASED ON THE ABOVE INQUIRY OF THE SELLER(S) AS TO THE CONDITION OF THE PROPERTY AND BASED ON A REASONABLY COMPETENT AND DILIGENT VISUAL INSPECTION OF THE ACCESSIBLE AREAS OF THE PROPERTY IN CONJUNCTION WITH THAT INQUIRY, STATES THE FOLLOWING: X See attached Agent Visual Inspection Disclosure (AVID Form) Agent notes no Items for disclosure. Agent notes the following Items: Agent (Broker Representing Seller) Century 21 Allstars (Please Print) BY a�.0 t-h.e( 416!A101%j- Date (Associate Licensee or Brok Signature) Luther Sanchez IV. AGENT'S INSPECTION DISCLOSURE (To be completed only it the agent who has obtained the offer is other than the agent above.) THE UNDERSIGNED, BASED ON A REASONABLY COMPETENT AND DILIGENT VISUAL INSPECTION OF THE ACCESSIBLE AREAS OF THE PROPERTY, STATES THE FOLLOWING: See attached Agent Visual Inspection Disclosure (AVID Form) Agent notes no Items for disclosure. Agent notes the following Items oacuslpud by: century 21 Allstars Q, 2/9/2016 Agent (Broker Obtaining the Offer) g ,��"" (Please Print) y soEDFSZTote9� 'ke Date Asclate CaLicensee or raker Signature) V. BUYER(S) AND SELLER(S) MAY WISH TO OBTAIN PROFESSIONAL ADVICE AND/OR INSPECTIONS OF THE PROPERTY AND TO PROVIDE FOR APPROPRIATE PROVISIONS IN A CONTRACT BETWEEN BUYER AND SELLER(S) WITH RESPECT TO ANY ADVICEIINSPECTIONSIDEIFECTSr IiWE ACKNO LEDGE RE l OF # COPY OF THIS STATEM f - 2/9/2016 Seller �� � 't` _"�, Date ll j,j 1,.5 BuyerCD95fi3M?F85t4E4 � t Vernon C Date Seller Date Buyer Date Agent (Broker Representing Seiler) Century 21 Agsters By iV U'1-'4 Date %j 01 to (Please Print) (Also the let ee Sanchez or BrokePSignature) Century 21 Allstars Agent (Broker Obtaining Offer) B Y � 1 Date 2/9/2016 (Please Print) (Assoc �%Y Broker Signature) SECTION 1102.3 OF THE CIVIL CODE PROVIDES A BUYER WITH THE RIGHT TO RESCIND A PURCHASE CONTRACT FOR AT LEAST THREE DAYS AFTER THE DELIVERY OF THIS DISCLOSURE IF DELIVERY OCCURS AFTER THE SIGNING OF AN OFFER TO PURCHASE. IF YOU WISH TO RESCIND THE CONTRACT, YOU MUST ACT WITHIN THE PRESCRIBED PERIOD. A REAL ESTATE BROKER IS QUALIFIED TO ADVISE ON REAL ESTATE. IF YOU DESIRE LEGAL ADVICE, CONSULT YOUR ATTORNEY. 61e91 'mt4• CatdomY AWdsk n of REALTORSF.. Inc. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSO (C A R NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION A REAL ESTATE BROKER IS THE PERSON OUALIFIED TO ADVISE ON REAL ESTATE TRANIACTIONS. F YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL U REAL lad and Dtstri by REAL ESTATE BUSINESS SERVICES, INC. a subAffary Of fha Ceftnita AnWarion of RFALTORSO 525 South Wall Avenue. Los Angeles. CaRfomh 90020 1211 1'DS REVISED 4114 (PAGE 3 OF 3) Rev*^-d by Date REAL ESTATE TRANSFER DISCLOSURE STATEMENT (TDS PAGE 3 OF 3) Piodiad Ndlh r &m* by vpto" 160TO Mean Moo Road Fraser Uktigan OM www Find p& mm UaN,kid 1 ; ' :: = RECEIVED A P Y 4F THE CI-rY PRE -SALE %JYERp ,• ; T E: Pre -Sale Report Building and Safety Property Address: 6036 Stafford l) Need GFI outlets in restrooms and at kitchen counter Contact Planning and Building Department to abate the violations. Please bring with you to planning and building department a site and floor plan of the property and how you propose to fix violations. You will have 60 days from the issuance of this report to correct the issues stated above. Unless a serious threat to health and safety exists, in which case the inspector shall have the discretion to determine the timeline for compliance. To close the escrow the buyer and seller may sign (have the signatures notarized) and return the attached acknowledgement of receipt form to the Building and Safety Department. Inspected By: Jason Robbins- Building Inspector Date: l /4/2016 Prepared By: Jason Robbins - Building Inspector Date: 1/4/2016 Page of CITY OF HUNTINGTON PARK Building & Safety Division 6550 Miles Avenue Huntington Park CA 90255 Tel. (323) 584-6271 - Fax. (323) 584- 6244 I HAVE RECEIVED A COPY OF THE CITY PRE -SALE INSPEC } BUYER' /� 514E4 DA-;E: Residential Pre -Sale Inspection Report ACKNOWLEDGEMENT OF RECEIPT The undersigned hereby acknowledges that they have received a copy of tnis reporE ana me attached Inspection Report Checklist NON LIABILITY: The issuance of the real property records report is not a warranty or representation by the City that the property or its present use is or is not in compliance with the law. The city does not represent or warrant that the information contained in the report will always be complete and accurate, and all persons receiving the report should independently verify the information contained therein before retying upon it Neither the enactment of the ordinance requiring the Pre -sale Records and Inspection Report nor the preparation and delivery of the report shall impose any liability upon the City for any errors or omissions contained in the report. (Huntington Park Municipal Code, Title 8 Chapter 17.10) ,l Property Seller or uth t Signature Print Name A.J. Wilson Date 02-01-2016 Address 4305 Santa Fe Avenue City Vemon _ State CA _— Zip 90058 Phone _(323) 583-8811 x 228 Email aiwilson&i vemon.ca.us Property Buyer Print Name — Address City Zip — Phone Email-- -- — -. State Signature Page of SIGNATURES) MUST BE NOTORIZED AND RETURNED TO THE CITY OF HUNTINGTON PARK BUILDING AND SAFETY DIVISION. I ►-IRVE RECEIVED A --PY OF THE CITY PRE -SALE !IqSPECT M7�tTZL 7',UYER: iE: Page of I NAME RECEIVED A COPY OF THE CITY PRE -SALE INSPECTlO BUYER: ACKNOWLEDGMENT A notary public of 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 Los Angeles _) County of ` _ -- --- February 1, 2016 Maria Elva Ayala, Notary -Public` On _.�_.____ — -- before me, (insert name and title of the officer) personalty appeared Arnold J. Wilson ------ who proved to me on the basis of satisfactory evidence to be the person(s) whose name(a) is/efe subscribed to the within instrument and acknowledged to me that hefA:eftkey executed the same in his/hefAheir authorized capacity(46), and that by histheAhei atecuted theh instrument the person(s). or the entity upon behalf of which the person(9) fed, 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 (Seal) Signature _ ---- Conunhsion • 1914631 Notary�� County rMt M Comm. s 9.2018 CITY OF HUNTINGTON PARK Building a Safety Division 6550 Miles Avenue, Huntington Park, CA 90255 TeL (323) 58"271 - Fax (323) 584-6244 Date Issued: January, 28 2016 Address of Property: 6036 Stafford Ave Assessor's Parcel Number: 6320-010-272 Residential Pre -Sale Inspection Report CLEARANCE CERTIFICATION I HAVE RECEIVED A OF THE CITY PRE -SALE INSPEC BUYER: Dr;TE: This clearance certification verifies that all major violations identified on the Pre -sale Record and Inspection Report, Inspection Checklist, identified herein above, has been corrected in accordance with the requirements of the City of Huntington Park Division of Building and Safety. IMPORTANT: This clearance, does not apply to minor violations that may have been identified, or to any non -conformities or restrictions on use or development. NON LIABILITY: The issuance of the real property records report is not a warranty or representation by the city that the property or its present use is or is not in compliance with the law. The city does not represent or warrant that the information contained in the report will always be complete and accurate, and all persons receiving the report should independently verify the information contained therein before relying upon it. Neither the enactment of the ordinance requiring the Pre -sale Records and Inspection Report nor the preparation and delivery of the report shall impose any liability upon the city for any errors or omissions contained in the report. (Huntington Park Municipal Code, Title 8, Chapter 17.10) By: Jason Robbins Title: Building Inspector KV2014.10.27 DoeuSign Envelope ID, C93EDBF4-BF4C-1252.8920-855164DC885E 4 CALIFORNIA STATEWIDE BUYER AND SELLER ADVISORY to ASSOCIATION (This Form Does Not Replace Local condition Disclosures. �'�►r• O F IR E A L T O R S " Additional Addenda May Be Attached to This Advisory. See Paragraph 52) 8036 Stafford Ave. (C.A.R. Form SBSA, Revised 11113) Property Address Huntington Park, CA 90058 Date September 1, 2015 BUYER RIGHTS AND DUTIES: • The physical condition of the land and improvements being purchased are not guaranteed by Seller or Brokers. • You should conduct thorough investigations of the Property both personally and with appropriate professionals. • if professionals recommend further inspections, you should contact qualified experts to conduct such inspections. • You should retain your own professional even if Seller or Broker has provided you with existing reports. • You should read all written reports given to you and discuss those reports with the persons who prepared them. • You have the right to request that the Seller make repairs or corrections or take other actions based on inspections or disclosures, but the Seiler is not obligated to make any such repairs, corrections or other requested actions. • If the Seller is unwilling or unable to satisfy your requests, and you act within certain time periods, you may have the right to cancel the Agreement (the Purchase Agreement and any Counter Offer and Addenda together are the 'Agreement"). If you cancel outside of these periods, you may be in breach of the Agreement and your deposit might be at risk. • The terms of the purchase agreement and any counter offers and addenda establish your rights and responsibilities. YOU ARE STRONGLY ADVISED TO INVESTIGATE THE CONDITION AND SUITABILITY OF ALL ASPECTS OF THE PROPERTY. IF YOU DO NOT DO SO, YOU ARE ACTING AGAINST THE ADVICE OF BROKERS. SELLER RIGHTS AND DUTIES: • You have a duty to disclose material facts known to you that affect the value or desirability of the Property. • You are obligated to make the Property available to the Buyer and have utilities on for inspections as allowed by the Agreement. • This form is not a substitute for completing a Real Estate Transfer Disclosure Statement, if required, and any other property -specific questionnaires or disclosures. • The terms of the Agreement establish your rights and responsibilities. BROKER RIGHTS AND DUTIES: • Brokers do not have expertise in all areas and matters affecting the Property or your evaluation of it. • For most sales of residential properties with no more than four units, Brokers have a duty to make a reasonably competent and diligent visual inspection of the accessible areas of the Property and disclose to you material facts or defects that the inspection reveals. • Many defects and conditions may not be discoverable by a Broker's visual inspection. • if Brokers give a referral to another professional, Brokers do not guarantee that person's performance. You may select any professional of your own choosing. • Any written agreement between a Broker and either Buyer or Seller or both establishes the rights and responsibilities of those parties. 1. INSPECTIONS: Buyer and Seiler are advised that Buyer has the right to obtain various inspections of the Property under most residential purchase agreements. Buyer is advised to have the Property inspected by a professional property inspection service within Buyer's inspection contingency period. A licensed building contractor or other professional may perform these services. The inspector generally does not look behind walls or under carpets, or lake equipment apart. Certain items on the Property, such as chimneys and spark arresters, plumbing, heating, air conditioning, electrical wiring, pool and spa, septic system, well, roof, foundation and structural items may need to be inspected by another professional, such as a chimney sweep, plumber, electrician, pool and spa service, septic or well company or roofer. A general physical inspection typically will not test for mold, wood destroying pests, lead -based paint, radon, asbestos and other environmental hazards, geologic conditions, age, remaining useful life or water -tightness of roof, cracks, leaks or operational problems associated with a pool or spa or connection of the Property to a sewer system. if Buyer wants further information on any aspect of the Property, Broker recommends that Buyer have a discussion with the professional property inspector and that Buyer hire an appropriate professional for the area of concern to Buyer. Brokers do not have expertise in these areas. Brokers do not verify the results of any such inspection or guarantee the performance of any such inspector or service. Any election by Buyer to waive the right to a physical inspection of the Property or to rely on somebody other Man an appropriate professional is against the advice of Brokers. Not all inspectors are licensed and licenses are 3trt%Tor all types of inspection activities. es Buyer's Initials ( I Serlets iniiiais ( �� I f t�)2004-2013, California Association a(REALTORS§)Jnc 59SA REVISED 11113 (PAGE 1 OF 12) Reviewed by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 1 OF 12) Cpnn :1 ,Albl IISS TN4RM Rd. 114 Fl c tip Rl-� CA *660 Cp.v+} 71 Alblua 1?' vRk— PMduce `' F—A 0 1W S{2-�U-:131 iu. Nli SpReN Y nPtogi IeU70 fdle•n Elie nwd. Fr�sd Wrlrg•n 4l028 DocuSign Envelope to: C93EDBF4-8F4CA252-8928-855164OC885E Property Address:6036 Stafford Ave. , Huntington Park, CA 9oo58 Date: September 1, 2o15 2. SQUARE FOOTAGE, LOT SIZE, BOUNDARIES AND SURVEYS: Buyer and Seller are advised that only an appraiser or land surveyor, as applicable, can reliably confirm square footage, lot size, Property comers and exact boundaries of the Property. Representations regarding these items that are made in a Multiple Listing Service, advertisements, and from property tax assessor records are often approximations, or based upon inaccurate or incomplete records. Fences, hedges, walls or other barriers may not represent actual boundary lines. Unless otherwise specified by Broker in writing, Brokers have not verified any such boundary lines or any representations made by Seller or others. Brokers do not have expertise in this area. Standard title insurance does not insure the boundaries of the Property. if Buyer wants Information about the exact square footage, lot size or location of Property corners or boundaries, Broker recommends that Buyer hire an appraiser or licensed surveyor to investigate these matters or to prepare a survey of the property during Buyer's inspection contingency period. 3. SOIL AND GEOLOGIC CONDITIONS: Buyer and Seller are advised that real estate in California is subject to settling, slippage, contraction, expansion erosion, subsidence, earthquakes and other land movement. The Property may be constructed on rill or improperly compacted soil and may have Inadequate drainage capability. Any of these matters can cause structural problems to improvements on the Property. Civil or geo-technical engineers are best suited to evaluate soil stability, grading, drainage and other soil conditions. Additionally, the Property may contain known or unknown mines, mills, caves or wells. Brokers do not have expertise in this area. if Buyer wants further information, Broker recommends that Buyer hire an appropriate professional. Not all inspectors are licensed and licenses are not available for all types of inspections. 4. GEOLOGIC HAZARDS: Buyer and Seller are advised that California has experienced earthquakes in the past, and there is always a potential of future earthquakes. Damage caused by an earthquake may not be discoverable by a visual Inspection of Buyer(s) or Broker(s). Inspection by a licensed, qualified professional is strongly recommended to determine the structural integrity and safety of all structures and improvements on the Property. if the Property is a condominium, or located in a planned unit development or in a common interest subdivision, Buyer is advised to contact the homeowners association about earthquake repairs and retrofit work and the possibility of an increased or special assessment to defray the costs of earthquake repairs or retrofit work. Buyer is encouraged to obtain and read the booklet entitled; "The Homeowner's Guide to Earthquake Safety.' in most cases a questionnaire within the booklet must be completed by Seller and the entire booklet given to the Buyer if the Property was built prior to 1960. If the Property was built before 1975, and contains structures constructed of masonry or precast (tilt up) concrete walls, with wood frame floors or roof, or if the building has unreinforced masonry walls, then Seller must provide Buyer a pamphlet entitled 'The Commercial Property Owner's Guide to Earthquake Safety.' Many areas have a wide range of geologic problems and numerous studies have been made of these conditions. Some of this information is available for public review at city and county planning departments. Buyer is encouraged to review the public maps and reports and/or obtain a geologist's inspection report. Brokers do not have expertise in this area. Buyer may be able to obtain earthquake insurance to protect their interest in the Property. Sellers who agree to provide financing should also consider requiring Buyers to obtain such insurance naming Seller(s) as insured lien holder(s). 5. ENVIRONMENTAL HAZARDS: Buyer and Seller are advised that the presence of certain kinds of organisms, toxins and contaminants, including, but not limited to, mold (airborne, toxic or otherwise), fungi, mildew, lead -based paint and other lead contamination, asbestos, formaldehyde, radon, pcb's, methane, other gases, fuel oil or chemical storage tanks, contaminated soil or water, hazardous waste, waste disposal sites, electromagnetic fields, nuclear sources, urea formaldehyde, or other materials may adversely affect the Property and the health of individuals who live on or work at the property as well as pets. If Buyer wants further information, Buyer is advised, and Broker(s) recommends, that Buyer have the Property inspected for the existence of such conditions and organisms, and conditions that may lead to their formation. Not all inspectors are licensed and licenses are not available for all types of inspection activities. Buyer is also advised to consult with appropriate experts regarding this topic during Buyer's inspection contingency period. Brokers do not have expertise in this area. Broker recommends that Buyer and Seller read the booklets titled, "Residential Environmental Hazards: A Guide for Homeowners, Homebuyers, Landlords and Tenants," and 'Protect Your Family From Lead In Your Home." 6. EPA's LEAD -BASED PAINT RENOVATION, REPAIR AND PAINTING RULE: The new rule requires that contractors and maintenance professionals working in pre-1978 housing, child care facilities, and schools with lead -based paint be certified; that their employees be trained; and that they follow protective work practice standards. The rule applies to renovation, repair, or painting activities affecting more than six square feet of lead -based paint in a room or more than 20 square feet of debased aint on the exterior. Enforcement of the rule begins October 1. 2010. See the EPA website at www.epa.govi ear information. Buyer and Seller are advised to consult anTeftriate professional. Buyer's Initials ( ��i Setters an8ials (t i I SSSA REVISED 11113 (PAGE 2 OF 12) Reviewed by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 2 OF 12) Produced met WPcvm9by npla<ya 15070 Flit— W. Road Fro. Md,9n 4025 Vft%jWX=,Q AIM 5,.a-d DocuSign Envelope to: C93EDBF48F4C-4252-8928-855164DC88SE Property Address:6036 Stafford Ave. , Huntington Park, CA 90058 Date: September 1, 2015 7. FORMALDEHYDE: Formaldehyde is a substance known to the State of California to cause cancer. Exposure to formaldehyde may be caused by materials used in the construction of homes. The United States Environmental Protection Agency, the California Air Resources Board, and other agencies have measured the presence of formaldehyde in the indoor air of select homes in California. Levels of formaldehyde that present a significant cancer risk have been measured in most homes that were tested. Formaldehyde is present in the air because it is emitted by a variety of building materials and home products used in construction. The materials include carpeting, pressed wood products, insulation, plastics, and glues. Most homes that have been tested elsewhere do contain formaldehyde, although the concentrations vary from home to home with no obvious explanation for the differences. One of the problems is that many suppliers of building materials and home products do not provide information on chemical ingredients to builders. Buyers may have further questions about these issues- Buyer is advised to consult with appropriate experts regarding this topic during Buyer's investigation period. Brokers do not have expertise in this area Broker(s) recommend that Buyer and Seller read the booklet tilted "Residential Environmental Hazards: A Guide for Homeowners, Homebuyers, Landlords and Tenants." 8. MOLD: Buyer and Seller are advised that the presence of certain kinds of mold, fungi, mildew and other organisms, sometimes referred to as "toxic mold" (collectively "Mold"), may adversely affect the Property and the health of individuals who live on or work at the Property as well as pets. Mold does not affect all people the same way, and may not affect some people at all. Mold may be caused by water leaks or other sources of moisture such as, but not limited to, flooding, and leaks In windows, pipes and roof. Seller is advised to disclose the existence of any such conditions of which he or she is aware. Buyer should carefully review all of Seller's disclosures for any indication that any of these conditions exist. It is, however, possible that Mold may be hidden and that Seller is completely unaware of Its existence. In addition, Mold is often undetectable from a visual inspection, a professional general property inspection and even a structural pest control inspection. Brokers do not have expertise in this area. If Buyer wants further information, Broker recommends that Buyer have the Property tested for Mold by an environmental hygienist or other appropriate Professional during Buyer's inspection contingency period. Not all inspectors are licensed and licenses are not available for all types of inspection activities. 9. WATER INTRUSION: Buyer and Seller are advised that many homes suffer from water Intrusion or leakage. The causes of water intrusion are varied, and can include defective construction, faulty grading, deterioration of building materials and absence of waterproof barriers. Water intrusion can cause serious damage to the Property. This damage can consist of wood rot, mold, mildew and even damage to the structural integrity of the Property. The cost of repairing and remediating water intrusion damage and its causes can be very significant. The existence and cause of water intrusion is often difficult to detect. Because you, your Broker or a general home inspector cannot visually observe any effects of water intrusion, Buyer and Seller should not assume that such intrusion does not exist. Broker recommends that Buyer have the Property inspected for water intrusion by an appropriate professional. Brokers do not have expertise in this area. 10. SEPTIC SYSTEMS: Buyer and Seller are advised that a property may be served by one or more septic systems even though adjoining properties are connected to a sewer line. Buyer and Seller are also advised that some septic tanks and systems may have been abandoned or have leaked into ground water sources. Buyer is advised to contact the appropriate government agency to verify that the Property is connected to a sewer or served by a septic system. If the Property is served by a septic system, It may consist of a septic tank, cesspool, pits, leach tines or a combination of such mechanisms ("collectively, System"). No representation or warranty is made by Seller or Broker concerning the condition, operability, size, capacity or future expansion of a System, nor whether a System is adequate for use by the intended occupants of the Properly. A change in the number of occupants or the quantity, composition or methods of depositing waste may affect the efficiency of the System. In addition, the amount of rainfall and ground water table may also affect the efficiency of the System. Many factors including, but not limited to, natural forces, age, deterioration of materials and the load imposed on a System can cause the System to fail at any time. Broker recommends that Buyer obtain an independent evaluation of any System by a qualified sanitation professional during Buyer's inspection contingency period. Brokers do not have expertise In this area. Buyer should consult with their sanitation professional to determine it their report includes the lank only, or other additional components of the System such as pits and leach fields. Not all inspectors are licensed and licenses are not available for all types of inspection activities. In some cases, Buyer's lender as well as focal government agencies may require System inspection. System -related maintenance costs may include, but not be limited to, locating, Pumping or providing outlets to ground level. Brokers are unable to advise Buyer or Seller regarding System -related issues or associated costs, which may be significant. If Buyer and Seller agree to obtain a System inspection, Buyer and Seller are cautioned that the inspection cost may include, but not be limited to, the costs of locating, pumping or providing outlets to ground lev . os Buyer's Initials ( l j Sellers initials ( Q W I t i SBSA REVISED 11/13 (PAGE 3 OF 12) Reviewed by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 3 OF 12) Related MO MWW"s by nptngn 16070 FRen, %to Road Fafa Wsw e6026 awv 1W m Ld]i SleRud DawSign Envelope ID: C93EDBF4-BF4CA252-B92B-B55164DC885E Property Address:6036 Stafford Ave. L Huntington Park, CA 90058 Date: September 1, 2015 II. WELL AND WATER SYSTEM(S): Buyer and Seller are advised that the Property may be served by one or more water wells, springs, or private community or public water systems. Any of these private or public water systems may contain bacteria, chemicals, minerals and metals, such as chromium. Well(s) may have been abandoned on the Property. Buyer is advised to have both the quality and the quantity of water evaluated, and to obtain an analysis of the quality of any domestic and agricultural water in use, or to be used at the Property, from whatever source. Water quality tests can include not only tests for bacteria, such as coliform, but also tests for organic and inorganic chemicals, metals, mineral content and gross alpha testing for radioactivity. Broker recommends that Buyer consult with a licensed, qualified well and pump company and local government agency to determine whether any well/spring or water system will adequately serve Buyer's intended use and that Buyer have a well consultant perform an extended well output test for this purpose. Water well or spring capacity, quantity output and quality may change at any time. There are no guarantees as to the future water quality, quantity or duration of any well or spring. If Buyer wants further information, Broker(s) recommend that Buyer obtain an inspection of the condition, age, adequacy and performance of all components of the well/spring and any water system during Buyer's inspection contingency period. Brokers do not have expertise in this area. 12. WOOD DESTROYING PESTS: Buyer and Seller are advised that the presence of, or conditions likely to lead to the presence of infestation or infection of wood destroying pests and organisms may adversely affect the Property. Inspection reports covering these items can be separated into two sections: Section 1 identifies areas where infestation or infection is evident. Section 2 identifies areas where there are conditions likely to lead to infestation or infection. Brokers do not have expertise in this area. If Buyer wants further information, Buyer is advised and Broker recommends that Buyer have the Property inspected for the existence of such conditions and organisms, and conditions that may lead to their formation, by a registered structural pest control company during Buyer's inspection contingency period. 13. EASEMENTS, ACCESS AND ENCROACHMENTS: Buyer and Seller are advised that confirming the exact location of easements, shared or private driveways or roadways, and encroachments on or to the Property may be possible only by conducting a survey. There may be unrecorded easements, access rights, encroachments and other agreements affecting the Property that may not be disclosed by a survey. Representations regarding these Items that are made in a Multiple Listing Service or advertisements, or plotted by a title company are often approximations, or based upon inaccurate or incomplete records. Unless otherwise specified by Broker in writing, Brokers have not verged any such matters or any representations made by Seiler(s) or others. if Buyer wants further information, Buyer is advised and Broker(s) recommend that Buyer hire a licensed surveyor during Buyer's Inspection contingency period. Brokers do not have expertise in this area. 14. EARTHQUAKE FAULT ZONES AND SEISMIC HAZARD ZONES: Buyer and Seller are advised that California Public Resources Code Sections 2622 and 2696 require the delineation and mapping of "Earthquake Fault Zones" along known active faults and 'Seismic Hazard Zones" in California. Affected cities and counties must regulate certain development projects within these zones. Construction or development on affected properties may be subject to the findings of a geological report prepared by a registered California geologist. Generally, Seller must disclose if the Property is in such a zone and can use a research company to aid in the process. If Buyer wants further information. Broker recommends that, during Buyers inspection contingency period, Buyer make independent Inquiries with such research companies or with appropriate government agencies concerning the use and improvement of the Property. Brokers do not Have expertise in this area. Buyer is advised that there is a potential for earthquakes and seismic hazards even outside designated zones. 15. FIRE HAZARDS: Buyer and Seller are advised that fires annually cause the destruction of thousands of homes Due to varied climate and topography, certain areas have higher risks of fires than others. Certain types of materials used in home construction create a greater risk of fire than others. If the Property is located within a State Fire Responsibility Area or a Very High Fire Hazard Zone, generally Seller must disclose that fact to Buyer under California Public Resources Code Section 4136 and California Government Code Sections 51178 and 51183.5. and may use a research company to aid In the process. Owners of property may be assessed a fire prevention fee of up to $150.00 per structure on each parcel in such zones. The fee may be adjusted annually commencing Julyt, 2013. If Buyer wants further information, Broker recommends that, during Buyer's inspection contingency period, Buyer contact the local fire department and Buyers insurance agent regarding the risk of fire. Brokers do not have expertise in this area. Buyer is advised that there is a potential for fires even outside designated zones. os 9uysr's Initials ( � Seller', Initials ([�, ) ( SBSA REVISED t 1113 (PAGE 4 OF 12) Reviewed by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 4 OF 12) Produced w -h npFo S try npL09x 10070 F;11— Mie Rd F— Wbgw 44026 wal"auyyxam {O.If iuRlrtl DocuSign Envelope ID: C93EDBF4-8F4C4252-892B-855164DC885E Property Address:6036 Stafford Ave. , Huntington park, CA 90058 Date: September 1, 2015 16. FLOOD HAZARDS: Buyer and Seller are advised that if the Property is located within a Special Flood Hazard Area, as designated by the Federal Emergency Management Agency (FEMA), or an area of Potential Flooding pursuant to California Government Code Section 8589.3, generally Seller must disclose this fact to Buyer and may use a research company to aid in the process. The National Flood Insurance Program was established to identify all flood plain areas and establish flood -risk zones within those areas. The program mandates flood insurance for properties within high -risk zones if loans are obtained from a federally -regulated financial institution or are insured by any agency of the United States Government. The extent of coverage and costs may vary. If Buyer wants further information, Broker(s) recommend that Buyer consult his or her lender and/or insurance agent during Buyer's inspection contingency period. Brokers do not have expertise in this area. Buyer is advised that there is a potential for flooding even outside designated zones. 17. ZONE MAPS MAY CHANGE: Maps that designate, among other things, Earthquake Fault Zones, Seismic Hazard Zones, State Fire Responsibility Areas, Very High Fire Hazard Zones, Special Flood Hazard Areas, and Potential Flooding Areas are occasionally redrawn by the applicable Government Agency. Properties that are cuneMty designated t a specified zone or area could be removed and properties that are not now designated in a specified zone or area could to placed a one or more such zones or areas in the future. A properly owner may dispute a FEMA Good hazard location by submitting an application to FEMA. 1S. BUILDING PERMITS, ZONING AND CODE COMPLIANCE: Buyer and Seller are advised that any structure on the Property, including the original structure and any addition, modification, remodel or Improvement may have been built without permits, not according to building codes, or in violation of zoning laws. Further, even if such structure was built according to the then -existing code or zoning requirement, it may not be in compliance with current building standards or local zoning, it is also possible that local law may not permit structures that now exist to be rebuifl in the event of damage or destruction. Buyer is advised to check with appropriate government agencies or third party professionals to verify permits and legal requirements and the effect of such requirements on current and future use of the Property, its development and size. If Buyer wants further information, Broker(s) recommend that Buyer discuss the issue with an appropriate professional during Buyer's inspection contingency period. Brokers do not have expertise in this area. 19, VIEWS. Buyer and Seller are advised that present views from the Property may be affected by future development or growth of trees and vegetation on adjacent properties and any other property within the line of sight of the Property. Brokers make no representation regarding the preservation of existing views. If Buyer wants further information, Brokers) recommend that Buyer review covenants, conditions and restrictions, if any, and contact neighboring property owners, government agencies and homeowner associations, if any, during Buyer's inspection contingency period. Brokers do not have expertise in this area. 20. FUTURE REPAIRS, REPLACEMENTS AND REMODELS: Buyer and Seiler are advised that replacement or repairs of certain systems or rebuilding or remodeling of all or a portion of the Property may (rigger requirements that homeowners comply with laws and regulations that either come into effect after Close of Escrow or are not required to be complied with until the replacement, repair, rebuild or remodel has occurred. Permit or code requirements or building standards may change after Close of Escrow, resulting in increasing costs to repair existing features. In particular, changes to state and federal energy efficiency regulations impact the installation, replacement and some repairs of heating and air conditioning units (HVAC), Federal regulations now require manufacturers of HVAC units to produce only units meeting a new higher Seasonal Energy Efficiency Rating (SEER). This will likely impact repairs and replacements of existing HVAC units. State regulations now require that when installing or replacing HVAC units, with some exceptions, duct work must be tested for leaks. Duct work leaking more than 15 percent must be repaired to reduce leaks. The average existing duct work typically leaks 30 percent. More information is available at the California Energy Commission's website http://Www.energy.ca.gov/ title24/changeout. Home warranty policies may not cover such inspections or repairs. if Buyer wants further Information, Broker recommends that Buyer discuss the issue with an appropriate professional during Buyer's inspection contingency period. Brokers do not have expertise in this area. 21. GOLF COURSE DISCLOSURES: Buyer and Seller are advised that if the Property is located adjacent to or near a golf course the following may apply: (i) Stray golf bails - Any residence near a golf course may be affected by errant golf balls, resulting in personal injury or destruction to property. Goiters may attempt to trespass on adjacent property to retrieve golf balls even though the project restrictions may expressly prohibit such retrieval. (ti) Noise and lighting - The noise of lawn mowers irrigation systems and utility vehicles may create disturbances to homeowners. Maintenance operations may occur in the early morning hours. Residents living near the clubhouse may be affected by extra lighting, noise, and traffic. (III) Pesticides and fertilizer use - A golf course may be heavily fertilized, as well as subjected to other chemicals during certain periods of the year. (iv) Irrigation system -Golf course sprinkler systems may cause water overspray upon adjacent properly and structures. Also the irrigation system of a golf course may use reclaimed and retreated wastewater. (v) Golf carts - Certain Im may be affected more than others by the use of golf carts. Lots adjacent to a tee or putting green may be subject to Qs2f fiances and loss of privacy. (vi) Access to gull course fro re'�Jences - It is likely that most Buyers Initials; �f l itlN Setters (dials ( I SBSA REVISED 1ff13 (PAGE 5 OF 12) Reu,ewed by Date � STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 5 OF 12) Pmdced wlh LPF—AD by LPLnBu 180 M Fifi e M k Road Frgsw. Mil m 4802, MXb oa Lm. �_= cu4 sa.n.rd DocuSign Envelope 10: C93E08F4-BF4C4252.892B-855164DC885E Property Address:6036 Stafford Ave., Huntington Park, CA 90058 Date: September 1, 2015 residences will not have direct access from their lots to the golf course. The project restrictions may disclaim any right of access or other easements from a resident's lot onto the golf course. (vii) View obstruction - Residents living near a golf course may have their views over the golf course impacted by maturing trees and landscaping or by changes to the course's configuration. (viii) Water restrictions - As some municipalities face water shortages, the continued availability of water to the golf course may be restricted or otherwise reduced by the local water agency. If Buyer wants further information, Broker(s) recommend that Buyer contact the local water agency regarding this matter. 22. SCHOOLS: Buyer and Seller are advised that children Irving in the Property may not, for numerous reasons, be permitted to attend the school nearest the Property. Various factors including, but not limited to, open enrollment policies, busing: overcrowding and class size reductions may affect which public school serves the Properly. School district boundaries are subject to change. Buyer is advised to verify whether the Property is now, and at the Close of Escrow will be, in the school district Buyer understands it to be in and whether residing in the Property entitles a person to attend any specific school in which that Buyer is interested. Broker(s) recommend that Buyer contact the local school or school district for additional information during Buyer's inspection contingency period. Brokers do not have expertise in this area. 23. NEIGHBORHOOD NOISE SOURCES: Buyer and Seller are advised that even if the Properly is not In an identified airport noise influence area, the Property may still be subject to noise and air disturbances resulting from airplanes and other aircraft, commercial or military or both, flying overhead. Other common sources of noise include nearby commercial districts, schools, traffic on streets, highways and freeways, trains and general neighborhood noise from people, dogs and other animals. Noise levels and types of noise that bother one person may be acceptable to others. Buyer is advised to satisfy him/herself with regard to any sources of and amounts of noise at different times of day and night. Brokers do not have expertise in this area. 24. PETS AND ANIMALS: Buyer and Seiler are advised that the current or previous owner(s)may have had domesticated or other pets and animals at the Property. Odors from animal urine or other contamination may be dormant for long periods of time and then become active because of heat, humidity or other factors and might not be eliminated by cleaning or replacing carpets or other cleaning methods. Pet urine and feces can also damage hardwood floors and other floor coverings. Additionally, an animal may have had fleas, ticks and other pests that remain on the Property after the animal has been removed. If Buyer wants further information, Broker(s) recommend that Buyer discuss the issue with an appropriate professional during Buyer's inspection contingency period. Brokers do not have expertise in this area. 25. SWIMMING POOL, SECURITY AND SAFETY: Buyer and Seller are advised that state and local Law may require the installation of barriers, anti -entrapment grates, access alarms, self -latching mechanisms and/or other measures to decrease the risk to children and other persons of existing swimming pools and hot tubs, as well as various fire safety and other measures concerning other features of the Property. Compliance requirements differ from city to city and county to county. Unless specifically agreed, the Properly may not be in compliance with these requirements. Brokers do not have expertise in this area. If Buyer wants further information, Broker(s) recommend that Buyer contact local government agencies about these restrictions and other requirements. 26. RETROFIT, BUILDING REQUIREMENTS, AND POINT OF SALE REQUIREMENTS: Buyer and Seller are advised that state and local Law may require (i) the installation of operable smoke detectors, (ii) bracing or strapping of water heaters, and (III) upon sale completion of a corresponding written statement of compliance that is delivered to Buyer. Although not a point of sate or retrofit obligation, state law may require the property to have operable carbon monoxide detection devices. Additionally, some city and county governments may impose additional retrofit standards at time of sale including, but not limited to, Installing low -flow toilets and showerheads, gas shut-off valves, and tempered glass. Brokers do not have expertise in this area. Brokers) recommend that Buyer and Seller consult with the appropriate government agencies, inspectors, and other professionals to determine the retrofit standards for the Property, the extent to which the Property complies with such standards, and the costs, if any, of compliance. 27. WATER SHORTAGES AND CONSERVATION: Buyer and Seller are advised that the Property area that could experience water shortages. The policies of lop( water districts and the city or couin whicbe hee proms ��s located can result in the occurrence of any or all of the following: (1) limitations On the amount of water available to the Property, (it) restrictions on the use of water, and (iii) an increasingly graduated cost per unit of water use, including, but not limited to, penalties for excess usage. For further information, Broker recommends that Buyer contact the supplier of water to the Property regarding the supplier's current or anticipated policies on water usage and to determine the extent to which those policies may affect Buyer's intended use of the Property. If the Property is serviced by a private well, Buyer is advised that drought conditions and/or a low water table may make it necessary to arrange, through a private supplier, for delivery of water to the Property. Buyers shout c ter truck companies for the costs involved. Brokers do not� xper ise in this area. Buyers Initials ( �- i Seller's initials ( Q) ( ) SBSA REVISED 11113 (PAGE 6 OF 12) Reviewed by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 6 OF 12) Produced-h aW msby aploafx 16010 Frbean Mid ROYJ, Fra64r Mrcrog� 4WZG Wow r.a „s. ,,,., N]{ Suirid DocuSign Envelope ID: C93EDBF4-8F4C4252.8928•855164DC885E Property Address:6036 Stafford Ave. , Huntington Park, CA 90058 Date: September 1, 2015 28. NEIGHBORHOOD, AREA, PERSONAL FACTORS, HIGH SPEED RAILS, AND SMOKING RESTRICTIONS: Buyer and Seller are advised that the following may affect the Property or Buyer's intended use of it: neighborhood or area conditions, including schools, proximity and adequacy of law enforcement, crime, fire protection, other government services, availability, adequacy and cost of any speed -wired, wireless interne( connections or other telecommunications or other technology services and installations, proximity to medical marijuana growing or distribution locations, cell phone towers, manufacturing, commercial, industrial, airport or agricultural activities or military ordnance locations, existing and proposed transportation, construction, and development, any other source that may affect noise, view, traffic, or odor, wild and domestic animals, susceptibility to tsunami and adequacy of tsunami warnings, other nuisances, hazards, or circumstances, protected species, wetland properties, botanical diseases, historic or other governmentally -protected sites or improvements, cemeteries, conditions and influences of significance to certain cultures and/or religions, and personal needs, requirements and preferences of Buyer. California is potentially moving toward high speed rail service between Northern and Southern California. This rail line could have an impact on the Property if It is located nearby. More information on the timing of the project and routes is available from the California High -Speed Rail Authority at W1QACahiQhsDerdrAi1.ca.gov. The State of California has long-standing no smoking laws in place restricting smoking in most business and some public spaces. Local jurisdictions may enact laws that are more restrictive than slate law. Many California cities have enacted restrictions on smoking in parks, public sidewalks, beaches and shopping areas. Some jurisdictions have restrictions entirely banning smoking inside privately owned apartments and condominiums as well as in the common areas of such structures, or limiting smoking to certain designated areas. If Buyer wants further information. Broker(s) recommend that Buyer contact local government agencies about these restrictions. 29. UNDERGROUND PIPELINES AND UTILITIES: Throughout California underground pipelines transport natural gas, liquid fuel and other potentially hazardous materials. These pipelEnes may or may not provide utility services to the Property. Information about the location of some of the pipelines may be available from a company that also provides disclosures of natural and other hazards or from other sources of public maps it records. Proximity to underground pipelines, is and of itself, does not Inesaffirmativelynu establish the risk or safety of the property. If Buyer wants further information about these underground pipelines and utilities, Buyer a advised to consult with appropriate experts during Buyer's investigation contingency period Brokers do not have expertise in this area. 30. MARIJUANA AND METHAMPHETAMINE LABS: Buyer and Seller are advised that California law permits individual patients to cultivate, possess and use marijuana for medical purposes. Furthermore, California law permits primary caregivers, lawfully organized cooperatives, and collectives to cultivate, distribute and possess marijuana for medicinal purposes. California's medical marijuana law is in direct conflict with federal law which recognizes no lawful use for marijuana and has no exemptions for medical use. Federal criminal penalties, some of which mandate prison time, remain in effect for the possession, cultivation and distribution of marijuana. Buyer and Seller are strongly advised to seek legal counsel as to the legal risks and issues surrounding owning or purchasing a property where medical or any other marijuana activity is taking place. Marijuana storage, cultivation and processing carry the risk of causing mold, fungus or moisture damage to a properly, additionally, some properties where marijuana has been cultivated have had alterations to the structure or the electrical system which may not have been done to code or with permits and may affect the safety of the structure or the safe operation of the electrical system. Buyer is strongly advised to retain an environmental hygienist contractor and other appropriate professionals to inspect a property where medical or any other marijuana activity has taken place. Broker recommends that Buyer and Seller involved with a property where there Is medical marijuana activity or where it may take place review the California Attorney General's Guidelines for the 'Security and Non -Diversion of Marijuana Grown for Medical Use' (http�//ag.ca.gov/cros_attachmentsipresslpdfs/nl6Ol medicaimadjuanaguidelines.pdi) and the U.S. Department of Justice memo regarding marijuana prosecutions at btto:ffiyWw. t have expertise in this area. While no state law Permits (he private production of methamphetamine, hetamine, some Brokers do not propert been the site of an illegal methamphelamine laboratory. State law imposes an obligation to notify occupan s1, ahave ban on occupying the property and clean up requirements when authorities identify a property as being contaminated by methamphetamine. Buyer is advised that a property where methamphetamine has been produced may pose a very serious health risk to occupants. Buyer is strongly advised to retain an environmental hygienist contractor or other appropriate professionals to inspect the property if methamphetamine production is suspected to have taken place. Brokers do not have expertise in this area. 31. INSURANCE AND TITLE INSURANCE AFTER FORECLOSURE: Buyer and Seller are advised that Buyer may have difficulty obtaining insurance regarding the Property If there has been a prior insurance claim affecting the Property or made by Buyer but unrelated to the Property. Seller is required by C A.R. Form RPA to disclose known insurance claims made during the past five years (C.A.R. Form SPQ or SSO) Sellers may not be aware of claims prior to their ownership. If Buyer wants fu tgr information, Broker(s) recommend that, during Buyer's inspect' writingency period, Buyer conduct his or her ow in-, n for past claims. Buyer may need to obtain Seller's cons ntdPrder to have access to certain Buyer's Initials ( 14 Sellers Initials ( i SBSA REVISED 11i13 (PAGE 7 OF 12) Reviewed by Date .�. STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 7 OF 12) ik d—d wth tpFmnS try npltxpx I8070 Fdtnm Ws Road. Fresco, ohm4­ s3026 wrw mtmx__ IOU Stxd r1 DocuSign Envelope ID: C93EDBF4.8F4C4252-B92B.B55184DC885E Property Address:6036 Stafford Ave. , Huntington Park, CA 90058 Date: September 1,2015 investigation reports. If the Property is a condominium, or is located in a planned unit development or other common interest subdivision, Buyer and Seller are advised to determine if the individual unit is covered by the Homeowner Association Insurance. Broker(s) recommend that Buyer consult Buyer's insurance agents during Buyers Inspection contingency period to determine the need, availability and possibility of securing any and all forms of other insurance or coverage or any conditions imposed by insurer as a requirement of issuing insurance. If Buyer does any repairs to the property during the escrow period or Buyer takes possession prior to Close of Escrow or Seller remains in possession after Close of Escrow, whether for a limited or extended period of time, Brokers) recommend that Buyer and Seller each consult with their own insurance agent regarding insurance or coverage that could protect them in the transaction (including but not limited to: personal property, flood, earthquake, umbrella and renters). Buyer and Seller are advised that traditional title insurance generally protects Buyers title acquired through the sale of the property. While all tide insurance policies, as do all insurance policies, contain some exclusions, some title insurance policies contain exclusions for any liability arising from a previous foreclosure. This can occur when a short sale has occurred but the lender mistakenly has also proceeded with a foreclosure. Buyer is strongly advised to consult with a tide insurer to satisfy themselves that the policy to be provided adequately protects their title to the property against other possible claimants. Brokers do not have expertise in this area. 32. CALIFORNIA FAIR PLAN: Buyer and Seiler are advised that Insurance for certain hillside, oceanfront and brush properties may be available only from the California Fair Plan. This may increase the cost of insurance for such properties and coverage may be limited- Broker(s) recommend that Buyer consult with Buyers own Insurance agent during Buyers inspection contingency period regarding the availability of coverage under the California Fair Plan and the length of time it may take for processing of a California Fair Plan application. Brokers do not have expertise in this area 33. HISTORICAL DESIGNATION, COASTAL COMMISSION, ARCHr[ CTt1RAL LANDSCAPE, AGRICULTURAL OR OPEN SPACE AND OTHER RESTRICTIONS ON BUILDINGS OR IMPROVEMENTS: Buyer and Seller are advised that the property may be: 0) designated as a historical landmark, (i) protected by a historical conservancy, (g) subject to an architectural or review Process, (iv) withi t the jurisdiction of the Callibmia Coastal Commission or other government agency, or (v) subject to ato a�cortt such, a�sium li ar�emall or Pment the Property agriculture or open space. ff dte Property is so act designated or will*' the jurisdiction of any agency, then there may be restrictions on Buyers ability to develop, remove or trim trees or other landscaping, Model, make improvements to and build on or rebuild the Property. Brokers) recommend that Buyer satisfy hirvhersed during Buyers Inspection contingency period if any of these issues are of concern to Buyer. Brokers do not have expertise in this area. 34. 1915 IMPROVEMENT BOND MELLO-ROOS COMMUNITY DISTRICT, AND OTHER ASSESSMENT DISTRICTS: Buyer and Seller are advised tltat the Property may be subject to an irt>♦xovement bond assessment under the Improvement Box! Ad of 1915, a levy of a special tax pursuant to a Mello -Roos Community Facilities district, andfor a contrachA assessment as provided in Section 589824 of the Streets And Higivr4s Code or other assessment districts. Seller is generally required to make a notice from arty local agency collecting such taxes and deliver such noboe to _ m expertise etiori fo obtain a disclosure in #its area. 35. HOMEOWNER ASSOCIATIONS AND COVENANTS, CONDITIONS AND RESTRIdo riot hC ONS ("CC&Rs, ); CHARGING STATIONS: Buyer and Seller are advised that if the Property is a condominium, or located in a planned unit development or to a common interest subdivision, there are typkally restrictions on use of the Property and rules that must be followed. Restrictions and rules are commonly, found in Declarations and other governing documents. Further there is likely to be a homeowner association (HOA) that has the authority to affect the Property and its use. Whether or not there is a HOA, the Property may Still be subject to CC&Rs restricting use of the Property. The HOA typically has the authority to enforce the rules of the association, assess monetary payments (both regular monthly dues and special assessments) to provide for the upkeep and maintenance of the common areas, and enforce the rules and assessment obligations, if you fail to abide by the rules or pay monies owed to the HOA, the HOA may put a lien against your Property. Additionally, if an electric vehicle charging station is Installed in a common area or an exclusive use common area, each Seller whose parking space is on or near that charging station must disclose its existence and That the Buyer Hri8 have the responsibilities set forth in California Civil Code §1353.9. The law requires the Seder to provide the Buyer with the CC&Rs and other governing documents, as well as a copy of the HOA's current financial statement and operating budget, among other documents. Buyer is advised to carefully review all HOA documents provided by Seder and the CC&Rs, 6 any, and satisfy hirdhersetf regarding the use and restrictions of the Property, the amount of monthly dues and/or assessments, the adequacy of reserves, current and past insurance coverage and claims, and the possibility of any legal action that may be taken by or against the HOA. The HOA may not have insurance or may not cover personal property belonging to the owner of the unit in the condominium, common interest or planted unit development See paragraph 31 for further information regarding insurance. See CAR's Common Interest Development Basic Information Guide on Epubs in zipForm@B for further information. Brokers do not have expertise in this area. 36. LEGAL ACTION: Buyer and Seller are advised that if Seller or a previous owner was involved in a legal action (litigation or arbitration) affecting the Property. Buyer should obtain and review public and other available records regarding the legal action to determine: (i) whether the legal action or any resolution of it affects Buyer and the Property, (ii) if any rights against any parties involved in the legal action survive the legal action or have been terminated or waived as a result of the legal action, whether or not involving the s%" issue as in the legal action, and (ill) if any recommendations or reAwwwrients result from the have been fu , that Buyer is satisfied with any such action. Buyer should s at advice regarding these matters have Buyers snit+ass Sellers In+ttals; )( SBSA REVISED 11113 (PAGE 8 OF 12) Reviewed by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 8 OF 12) Preduead nNh dpFo 6 by doLog4 7tle76 Ffft n mile Read. Fmsw, iMcNgan 4"29 emar hg m+..on, Nu 5+•rt•,tl DocuSign Envelope 10: C93EDaF4-8F4C4252-892M55154DC885E Property Address:6036 Stafford Ave., Huntington Park, CA 90058 Date: S ptembar 1, 2015 37. COMMUNITY ENHANCEMENT AND PRIVATE TRANSFER FEES: Buyer and Seiler are advised that some areas or communities may have enhancement fees or user -type fees, or private transfer taxes and fees, over and above any stated fees. The Federal Housing Finance Agency has issued a rule that prohibits Fannie Mae and Freddie Mac from purchasing loans made on properties with private transfer fees if those fees were established on or after February 8, 2011. See title 12 Code of Federal Regulations Section 1228 for more information and exceptions. Private transfer fees: (i) may last for a fixed period of time or in perpetuity, (ii) are typically calculated as a percentage of the sales price, and (iii) may have private parties, charitable organizations or interest -based groups as their recipients who may use the funds for social issues unrelated to the property. Brokers do not have expertise in this area. 38. GENERAL RECALL/DEFECTIVE PRODUCT/CLASS ACTION INFORMATION: Buyer and Seller are advised that government entities and manufacturers may at any time issue recall notices and/or warnings about products that may be present in the Property, and that these notices or warnings can change. The following nonexclusive, non -exhaustive list contains examples of recalled/defective products/class action information: horizontal furnaces, Whirlpool Microwave Hood Combination; RE-ConBuilding products roof files; Central Sprinkler Company Fire Sprinklers; Robert Shaw Water Heater Gas Control Valves; Trail Decking; water heaters; aluminum wiring; galvanized, abs, polybutylene and copper pipe; and dry wall manufactured in China. There is no single, all-inclusive source of information on product recalls, defective products or class actions; however, the U.S. Consumer Product Safety Commission (CPSC) maintains a website that contains useful information. If Buyer wants further information regarding the items listed above, Broker(s) recommend that Buyer review the CPSC website at http7lA&& w cost gov during Buyer's inspection contingency period Another source affiliated with the CPSC is Saferproducts.gov which allows a Buyer to search by product type or product name. Buyers may also search using the various search engines on the Internet for the specified product or products in question. Brokers recommend that Buyers satisfy themselves regarding recalled or defective products. Brokers do not have expertise in this area and Brokers will not determine if any aspect of the Property is subject to a recall or is affected by a class action lawsuit.. 39. RENTAL PROPERTY RESTRICTIONS: Buyer and Seiler are advised that some cities and counties impose restrictions that limit the rent that can be charged to a tenant, the maximum number of tenants who can occupy the property and the right of a landlord to terminate a tenancy and the costs to do so. if Buyer wants further information, Broker(s) recommend that Buyer investigate the issue with an appropriate government authority during Buyer's inspection contingency period. Brokers do not have expertise in this area. 40. LAND LEASE: Buyer and Seller are advised that certain developments are built on leased land. This means that: (i) Buyer does not own the land, (it) the right to occupy the land will terminate at some point in time, (iii) the cost to lease the land may increase at some point in the future, and (iv) Buyer may not be able to obtain title insurance or may have to obtain a different type of title insurance. If Buyer wants further information, Broker recommends that Buyer discuss the issue with an attorney or other appropriate professional. Brokers do not have expertise In this area. 41. HOME WARRANTY: Buyer and Seller are advised that Buyer and Seller can purchase home warranty plans covering certain standard systems of the Property both before and after Close of Escrow. Seller can obtain coverage for the Property during the listing period. For an additional premium, an upgraded policy providing additional coverage for air conditioning, pool and spa and other features can be purchased. Home warranties do not cover every aspect of the Property and may not cover inspections or upgrades for repairs required by state or federal laws or pre-existing conditions. Broker(s) recommend that Buyer review the policy for details. Brokers do not have expertise in this area 42. INTERNET ADVERTISING; INTERNET SLOGS; SOCIAL MEDIA: Buyer and Seiler are advised that Broker may employ a service to provide a "virtual lour" or Internet marketing of the Property, permitting potential buyers to view the Property over the Internet. Neither the service provider nor Brokers have control over who will obtain access to such services or what action such persons might take. Additionally, some Internet sites and other social media provide formats for comments or opinions of value of properties that are for sale. Information on the Property, or Its owner, neighborhood, or any homeowner association having governance over the Property may be found on the intemet on individual or commercial web sites, biogs, Facebook pages, or other social media. Any such information may be accurate, speculative, truthful or lies. Broker will not investigate any such sites, biogs, social media or other Internet sites or the representations contained therein. Buyer is advised to make an independent search of electronic media and online sources prior to removing any investigation contingency, Buyer and Seller are advised that Brokers have no control over how long the information concerning the Property will be available on the Internet or through social media. Brokers do not have expertise in this area. escrow companies cannot disburse funds unless there are sufficient43. ESCROW FUNDS: Buyer and Seller are advised that California Insurance Code Section 12413.1 prodes vithat "good funds' to cover the disbursement. 'Goad funds" are defined as cash, wire transfers and cashiers' or certified checks drawn on California depositories. Escrow companies vary in their own definitions of "good funds." Broker(s) recommend that Buyer and Seller ask the escrow company regarding its treatment of "good funds." mples and out -of --state checks are subject to waiting periods and Mt constitute "good funds" until the money is ph calmed to and received by the escrow holder. Brokers do not h v Buyer's initials( L� t tjJ#)pertbse in this area. Sellers Initials ( l t SBSA REVISED 11/13 (PAGE 9 OF 12) .� Reviewed by Date � STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 9 OF 12) `1 11 Predated -0 nPFW 4 by -"- 140/0 F.4— W. R.M. Fm A[dcg. 46026 . "If sti.n«e DocuSign Emelope ID: C93EDBF4-8F4C4252-B92B.B55164DC865E Property Address:6036 Stafford Ave. , Huntington Park, CA 90058 Date; September t, 2015 44. NOTICE OF YOUR "SUPPLEMENTAL" PROPERTY TAX BILL: Buyer and Seiler are advised that pursuant to Civil Code § 1102.6(c), Seller, or his or her agent, is required to provide the following "Notice of Your 'Supplemental' Property Tax Bill" to the Buyer: "California property tax law requires the Assessor to revalue real property at the time the ownership of property changes. Because of this law, you may receive one or two supplemental tax bills, depending on when your loan closes. The supplemental tax bills are not mailed to your lender. if you have arranged for your property tax responsibility payments to be paid through an impound account, the supplemental tax bills will not be paid by your lender. It is your to pay these supplemental bills directly to the Tax Collector. if you have any questions concerning this matter, please calf your Tax Collector's Office." Although the notice refers to loan dosing as a trigger, it is actually the change of ownership which triggers this reassessment of property taxes. Therefore, the Property can be reassessed even if there is no loan involved in the purchase of the Property. The Purchase Agreement may allocate supplemental tax bills received after the Close of Escrow to the Buyer. If Buyer wants further information concerning these matters, Broker(s) recommend that Buyer discuss the issue with the County Assessor or Tax Collector or their own tax or legal advisor. Brokers do not have expertise in this area. 45. NON CONFIDENTIALITY OF OFFERS: Buyer is advised that Seiler or Listing Agent may disclose the existence, terms, or conditions of Buyer's offer, unless all parties and their agent have signed a written confidentiality agreement (such as C.A.R. Form CND). Whether any such information is actually disclosed depends on many factors, such as current market conditions, the prevailing practice in the real estate community, the Listing Agent's marketing strategy and the instructions of the Seiler. 46. FIRPTA/CALIFORNIA WITHHOLDING: Buyer and Seller are advised that: (i) Internal Revenue Code Section 1445 requires a Buyer to withhold and to remit to the Internal Revenue Service 10% of the purchase price of the property if the Seiler is a non-resident alien, unless an express exemption applies. Seiler may avoid withholding by providing Buyer a statement of non -foreign status. The statement must be signed by Seller under penalty of perjury and must include Seller's tax identification number. Buyer can also avoid having to withhold Federal taxes from Seller's Proceeds if the property price is $300,000 or less, and the Buyer signs an affidavit stating Buyer intends to occupy the property as a principal residence. (it) California Revenue and Taxation Code Section 18662 requires that a Buyer withhold and remit to the California Franchise Tax Board 3 1/3% of the purchase price of the property unless the Seller signs an affidavit that the property was the Seller's (or the decedent's, if a trust or probate sale) principal residence or that the sales price is $100,000 or less or another express exemption applies. Exemptions from withholding also apply to legal entities such as corporations, LLCs, and partnerships. Brokers cannot give tax or legal advice. Broker recommends that Buyer and Seller seek advice from a CPA, attorney or taxing authority. Brokers do not have expertise in this area. 47. LIQUIDATED DAMAGES: Buyer and Seller are advised that a liquidated damages clause is a provision Buyer and Sellerusuallyagree amount the Agreement. The clause provides that a seller will retain a buyers initial deposit vpaid if ill recela buyer breachesc hve if a buyer e agreement, and generally must be separately initialed by both parties and meet other statutory requirements to be enforceable. For any additional deposits to be covered by the liquidated damages clause, there generally must be another separately signed or initialed agreement (see C.A.R. Form RID). However, if the Property contains from 1 to 4 units, one of which a buyer intends to occupy, California Civil Code Section 1675 limits the amount of the deposit subject to liquidated damages to 3% of the purchase price. Even though bath parties have agreed to a liquidated damages clause, an escrow company will usually require either a judge's or arbitrator's decision or instructions signed by both parties in order to release a buyer's deposit to a seller. Buyers and Sellers must decide on their own, or with the advice of legal counsel, whether to agree to a liquidated damages clause. Brokers do not have expertise in this area. os Buyers Initials SBSA REVISED 1 f/13 (PAGE 10 OF 12) K� is 'eo by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 10 OF 12) Produced wN A Fo 6 ey a Log" i W70 Fdteee M" Road Prdaw k4cl".n 4026 40JL 5"eve fpt" ws.c DocuSign Envelope ID: C93EDBF4-6F4C-4252-B92B-B55164DC885E Property Address:60m Stafford Ave. , Huntington Park, CA 90058 Date: September 1, 2015 48. MEDIATION: Buyer and Seller are advised that mediation is a process by which the parties hire a neutral person to facilitate discussion and negotiation between the parties with the goal of helping them reach a settlement of their dispute The parties generally share In the cost of this confidential, non -binding negotiation. if no agreement is reached, either party can pursue further legal action. Under C.A.R. Form RPA-CA: (I) the parties must mediate any dispute arising out of their agreement (with a few limited exceptions, such as matters within the jurisdiction of a small claims court) before they resort to arbitration or court, and (if) if a party proceeds to arbitration of court without having first attempted to mediate the dispute, that party risks losing the right to recover attorney fees and costs even If he or she prevails. 49. ARBITRATION: Buyer and Seller are advised that arbitration is a process by which the disputing parties hire a neutral person to render a binding decision. Generally, arbitration is faster and less expensive than resolving disputes by litigating in court. The rules are usually less formal than in court, and it is a private process not a matter of public record. By agreeing to arbitration, the parties give up the right to a jury trial and to appeal the arbitrator's decision. Arbitration decisions have been upheld even when arbitrators have made a mistake as to the law or the facts. If the parties agree to arbitration, then after First attempting to settle the dispute through mediation, any dispute arising out of their agreement (with a few limited exceptions) must be submitted to binding arbitration. Buyer and Seller must weigh the benefits of a potentially quicker and less expensive arbitration against giving up the right to a jury trial and the right to appeal. Brokers cannot give legal advice regarding these matters. Buyers and Sellers must decide on their own, or with the advice of legal counsel, whether to agree to arbitration. Brokers do not have expertise in this area. 50. MEGAN'S LAW DATABASE DISCLOSURE: Notice: Pursuant to Section 290.46 of the Penal Code, information about specific registered sex offenders is made available to the public via an Internet Web site maintained by the Department Of Justice at www.meganslaw.ca.gov. Depending on an offender's criminal history, this information will include either the address at which the offender resides or the community of residence and ZIP Code in which he or she resides. (Neither Seller nor Brokers are required to check this website. if Buyer wants further information, Broker recommends that Buyer obtain information from this website during Buyer's inspection contingency period. Brokers do not have expertise in this area.) 51. DEATH ON THE PROPERTY: California Civil Code Section 1710.2 protects a seller from: (i) failing to disclose a death on the property that occurred more than 3 years before a buyer has made an offer on a property; and (d) failing to disclose if an occupant of a property was afflicted with HIV/AIDS, regardless of whether a death occurred or if so, when Section 1710.2 does not protect a seller from making a misrepresentation in response to- a direct inquiry. if the Buyer has any concerns about whether a death occurred on the Property or the manner, location, details or timing of a death, the buyer should direct any specific questions to the Seller in writing. 52. LOCAL ADDENDA (IF CHECKED): The following local disclosures or addenda are attached: A. B. C. o Ell Buyer's Initials { Sellers Initials (i ( i SBReviewed by Date SA REVISED 11f13 (PAGE 11 OF 12} � STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 11 OF 12)w� PMd"0d with nPF—O d/ MC13914 IWTO Them W. Ra Frazer WNW 45025 6eusu,n..d DocuSlgn Envelope 10: C93EDBF4-SF4C-4252-B928-B55164DC885E Property Address:6036 Stafford Ave. , Huntington Park, CA 90058 Date: September 1, 2015 Buyer and Seller acknowledge and agree that Brokers: (i) do not decide what price Buyer should pay or Seller should accept; (h) do not guarantee the condition of the Property; (iii) do not guarantee the performance, adequacy or completeness of inspections, services, products or repairs provided or made by Seller or others; (iv) do not have any obligation to conduct an inspection of common areas or areas off the site of the Property (v) shall not be responsible for identifying defects on the Property, in common areas, or offsite unless such defects are visually observable by an inspection of reasonably accessible areas of the Property or are known to Brokers; (vi) shall not be responsible for inspecting public records or permits concerning the title or use of Property; (vii) shall not be responsible for identifying the location of boundary lines or other items affecting title; (viii) shall not be responsible for verifying square footage, representations of others or information contained in investigation reports, Multiple Listing Service, advertisements, flyers or other promotional material: (ix) shall not be responsible for providing legal or tax advice regarding any aspect of a transaction entered into by Buyer or Seller; and (x) shall not be responsible for providing other advice or information that exceeds the knowledge, education and experience required to perform real estate licensed activity. Buyer and Seller agree to seek legal, tax, insurance, title and other desired assistance from appropriate professionals Buyer and Seller are encouraged to read this Advisory carefully. By signing below, Buyer and Seller acknowledge that eac g f'd�i3Ni 9fstands and received a copy of this Advisory. BUYER L 2/9/2016 09587A4'F+i 11t1 Date BUYER Date (Address) ooeaslg-d by. SELLER 1.1 (tLS6W OACT492OFMCa5F SELLER (Address) CIE oweieaed try BReyaljBroker (Selling Finr nF5iTo199C71FE 915S Telegraph Address TelephaM _ 572-8 592 Century 21 4lletars Road second floor Fax Real E�SQ Bet§W"l—Ning�Firm) Century 21 Allstars i By Lu �r9ssAEAAaII Address 9155 Telegraph Rd. 2nd Floor Telephone(562)863-2121 Fax Vernon City Date /8/2016 Date Cal BRE Lie, If 07260q /p Cal BRE Lic.# 01779266 Date City Pico Rivera State C2iip Email Cal BRE Uc. # 01230965 Cal BRE Lic.# 1226461 Date2/9/2016 City Pico Rivera State CA Zip 90660 Email ID'.t004-2077, Cati(onaa A9siwlhq of REALTORS&, inc Ureied States copyright law (T-tk 17 U S. Cade( forbids :he u a.ftrtzed drslnbaj ar, display and reprod.jw of lies THIS or arty panlan thereof. by PhoWapy machine or any aiher means Intdupng facsimile a computerized hirmais THIS FORM HAS BEEN APPROVED By THE CALIFORNIA ASSOCIATION OF REALTORSO (C A.R-). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL This farm is made evadable F real estate a registered ed IMargh an agreement ark of purchase hum the Cal,fairva Ass ai on of REALTORS& it is not intended to identify the user as b REALTORe. R ttucs. R�'t Is a regtstared cogectivn mtmbersh'p mark whIch may be used only by members of the NATIONAL ASSOCIATION OF REALTORSO /hd�subsnihe b its Cage of Ethics. Published and BUSINESS try SINES REAL ESTATE BUSINESS SERVICES, INC a subsidiary of the C-blo"a Assonatlon of REALTORS& 525 SOulh Virgil Avenue, Los Angeles, Catroma 90020 SBSA REVISED 1111113 (PAGE 12 OF 12) Reviewed by Date STATEWIDE BUYER AND SELLER ADVISORY (SBSA PAGE 12 OF 12)` Products wnn rtpfarm�by tlpLoai. ieare Fins+n Nan Roatl, Frnu, Mkhtgnn taeae venw .i i - -> —rasa calf SWUM FANHD Residential Property Disclosure Reports Natural Hazard Disclosure � � NHD Report FrrsrAmericen NarurarHarardoisrrvsares- For LOS ANGELES County Property Address: 6036 STAFFORD AV APN• 6320-010-272 HUNTINGTON PARK, LOS ANGELES COUNTY, CA 90255 Report Date: 01/27/2016 ("Propew) Report Number: 1823935 Statutory Natural Hazard Disclosure ("NHD") Statement and Acknowledgment of Receipt The transferor and his or her agent(s) or a third -party consultant disclose the following Information with the knowledge that even though this is not a warranty. Prospective transferees may rely on this kAormation in deciding whether and on what terms to purchase the Property Transferor hereby sutttorim any agen nVesanfing any prh:lpags) in title action to provide a copy of this statement to any person or entity in connection with any actual or anticipated sale of the Property ga) The rollowing are representations made by the transferor and his or her agent(s) based on their knowledge and maps drawn by the State. This information is a disdosure and is not intended b be part of any contract between the transferee and the transferor. THIS REAL PROPERTY LIES WITHIN THE FOLLOWING HAZARDOUS AREA(S): A SPECIAL FLOOD HAZARD AREA (Any typs Zone W or'V•) designated by the Fedmai Emergency Management Agency Yak— NoX Do not know and information not available from local Jurisdiction _ AN AREA OF POTENTIAL FLOODING shown on a dam failure inundation map pursuant to Ser:tion 9569 5 of the Government Code. Yes1L No, Do not know and information not available from local jurfadctlon_ A VERY HIGH FIRE HAZARD SEVERITY ZONE pursuant to Section 5117E or 51179 of the Government Code The owner of this Property is wbject to the maintenance requirements of Section 51162 of the Government Code. Yak_ No - A WILDLAND AREA THAT MAY CONTAIN SUBSTANTIAL FOREST FiRE RiSK AND HAZARDS pursuant to Section 4125 of the Public Resources Code. The owner of this Property is subject to the maintenance requirements of Section 4291 of the Public Resources Code. Adddianatiy, it is not to stale's responsibility to provide fire protection services to any building or structure located within the wndlands unless the Department of Forestry and Fire Protection has entered into a curative agreement with a local agency for titose purposes pursuant to Section 4142 of the Public Resources Code. Yes No_& AN EARTHQUAKE FAULT ZONE pursuant to Section 2622 of the Public Resources Code, Yes_ No - A SEISMIC HAZARD ZONE pursuant to Section 269E of the Public Resources Cods. Yes (LandsOde Zane)_ Yes (Lfquaf wilm Zone)_& No Map not yet released by stab_ THESE HAZARDS MAY LIMIT YOUR ABILITY TO DEVELOP THE REAL PROPERTY, TO OBTAIN INSURANCE, OR TO RECEIVE ASSISTANCE AFTER A DISASTER. THE MAPS ON WHICH THESE DISCLOSURES ARE BASED ESTIMATE WHERE NATURAL HAZARDS EXIST. THEY ARE NOT DEFINITIVEWHETHER OR NOT A PROPERTY WILL BE AFFECTED BY A NATURAL DISASTER. TRANSFEREES) AND TRANSFEROR(S) MAY WISH TO . i �� NAL ADVICE REGARDING THOSE AND OTHER HAZARDS THAT MAY AFFECT THE PROPERTY. a s f J 2�9�11� ZbOi66 Signature of rare aror(s) Date igna4 m o%iTgent ` 359tC9851EM437J� QaSignature or Agent sites 0 Transferor(s) and their agent(s) represent that the information herein is true and correct to the best of their knowledge as of the date Sig rnd by the bansferor(sj and agant(s). ® Traruferor(s) and their aeengs) adnawledge thou they have exercised good faith in the satecbon of a third -party report provide es required in CIW Code Section 11101 03.7. and that the representations made In this Natural Hazard Disclosure Statement are baud upon ifft natiotits n provided by idependsrd third osure provider as a substituted disclosure pursuant to Civil Code Section 1103.4. Neither tranderar{s) nor their sgengs) (1) has independently vw0rsd the kdonnalion contained tin this statement and Report or (2) is personally aware of any errors or k uw rsdes in the informant contained on the slslemenL This statement was prepared by tin provider below: Third -Party Disclosure Providers) FIRST AM=RICAN PROFESSIONAL REAL ESTATE Date 27 January 201E eERtrICEe t� vur ERa7iNG THRO rrna FA"JHD DRNe.>a+ t�pt! its that he or she has read and understands this document. Pursuant to Civil Code Section 1103.6, On representations in this Natural Hazard owot constitute all of Me transferors gy syitgT6kdo$Ure �kptions in the transaction. r' L/'� Zv.lts __�___ (s) ateSiptioura of Transfaroe(sya�— GFafEe. aEa� AND IN10ElraTL GOAMLa7'e RANi1C till. Oa �s_ a�.� -e A. Additional Propery.spedric Statutory Disclosures: Forcer Military Ordnance Site, ComnwdaYlnduetdal Use Zone Atrport k+titrerrrx Alp, Airport Noise. ear Francisco Bay Conservation and Development DWtrkt Judeeiclion (in S.F. Bay counties ordy), Cafifornfe Energy Zonmk Airport Duct SaeMp nw Air ort Notice of Statewide Right to Farm. Notice of Mtnig Operations, Sex Ofknder Database (Megan's Law), Gas and Hazardous liquid Commission STransmission hV Re uironv se B. Additional County and City Rsguletory Determinations as applicabic Airports. Avalanche. Blow Sand. Coaatel Zone, DamAAves Failure Mundabon, Debris Flow Erosion, Flood. Fault Zone, Floe, Groundwater. Lendsft, LlgwfacNon. MOWS Ga. Mfrw, Nef telly Owing Asbeslos, RedevelopmerN Ana. Rlpld to Farm, Rum* Area. Saiche. Selamk Shaking. Seismic Ground Failure. Slope Siebni'ty, Son Strtdnty, Subsidence, TRPA, Tsunami. C. Genanl S"10(i0s: Molfertrphetemins Contamktalion, Maid, Radon, Endangered Spades Act, Abandoned Alines, On 3 Gas Wells, Tsunami Maps (coastal only). 0. AddNfonN Reports - Enclosed M ordered: (1) PROPERTY TAX REPORT (Includes state -regaled Notices of Iv 91"a n and 1915 Bond Alt Assesamsrtts, and Notice of Supplemental Properly Thar Bill. (2) ENVIRONMENTAL SCREENING REPORT (discloses Transmission Pipelines, Contarmnated sites. and Oil a Gas Wine} Enclosed bf applicable Local Addenda. E. Gove unartt Guides in Combined Baddet with Report. Refer to Booklet: III E1NVOW MENTAL HAZARDS: A Guide for Homeowners, Buyers, LandloMs and Tirgnte• (2) EARTHQUAKE SAFETY •She Homeowners Guide To Earthquake SSW and Included *RESIDENTIAL EARTHQUAKE HAZARDS REPORT FORM", (3) LEAD43ASED PAINT: 'Protect Your Family From Leaf In Your Home'; (4) BRIEF GUIDE TO MOLD, MOISTURE AND YOUR HOME; (5) WHAT IS YOUR HOME ENERGY RATING? Government Guides arts also even" on the Companift MGGrordc Boeicsher at hftu/hvwx.lanhd cam! , � ' " _ f.,, 1-1 L 11— U aaosurds i.it, - tuU t;ommerce. SUite too Irvine CA 92602 Phone (800) 527-0027 Fax (800) 854.9625 Pape 3 of 46 EXHIBIT C DocuSign Envelope ID. D1901E21-48FE4C60-A911-A285EB7F426B 9220 HAVEN A Nt3F., 110 1\ l��.../JJJj•J {r[(}(UjJ//• 2lncno CurnNtOrwn CAA 91730 Omcr:: (-H19) 256.2561 - ESCROW (909) 256-2595 ESCROW INC. 1VN"N, PARKFILLDLKROn nAl SELLER'S CLOSING STATEMENT Estimated Escrow Number: 13852-NIE Title Order Number: O-SA-5048974 Escrow Officer: Maricela Espinoza Date: 02I18/2016 - 9.55.58AM Closing Date: 02/12/2016 Disbursement Date: Loan Number: 400141469 Buyer/Borrower: Donny Sanchez Seller: City Vernon City, a Municipal Corporation Property: 6036 Stafford Avenue, Huntington Park, CA 90255 DESCRIPTION DEBITS CREDITS TOTAL CONSIDERATION 398.000.00 PRflR ATI ONS/ADJUSTMENTS: P_�rn Tax (m 1.406.41 per 6 monthrs) 1/0112016 to 2/2212016 400 73 COMMISSIONS): Listin Broker: Century 21 Allstars 9,950.00 Sellintt Broker: Century 21 Allstars 9,950.00 TITLE CHARGES Owner's Premium for 398.000.00; First American Title Company 1,358.00 County Transfer Tax: First American Title Company 437.90 Messen cr/Overni ht Fee: First American Title Company 75.00 Wire/Express: First American Title Compan 50.00 Deed Recording Fee: First American Title Company75 00 Subescrow: First American Title Company 67.50 Recordin Service Fee: First American Title Company 10.00 ESCROW CHARGES TO: Parkfieid Escrow Inc. Scniement Agent Fee 1,245.00 Messenger Fee 75.00 Wire Fee %00 Archive Fee 50.00 Document Preparation Fee TAXES: Property Tax I st Half Taxes 2015.2016 to: Los Angeles County Tax Collector N6320-010-272 1.547.05 ADDITIONAL DISBURSEMENTS: Home Owner's Warranty: Old Republic Home Protection 440.00 Natural Hazard R rt Fee: First American NHD 99.95 BALANCE DUE YOU 37L993.97 TOTALS 398,000.00 398,000.00 City Vernon City, a Municipal Corporation 000vs�a�.a w: A.. 31AiQRi!P fin City, Administrator This is a summary of the Closing transaction prepared by ParkReld Escrow Inc. This is not a governmental disclosure DocuSign Envelope ID: 019D1E21-48FE-7C60-A911-A285EB7F4268 12631 E IMPERIAL H WY A-2 t 3 SANTA FE SPRINGS, CA 90670 OFFICE: (949) 954-6571 ESCROW INC. FA.e: (949) 954-6575 WNW. PARKFIELDESCROW.CObi NEW FINANCING AMENDMENT Date: February 18, 20t6 Escrow No.: 13g52-ME Re: 6036 Stafford Avenue, Huntington Park, CA 90255 TO: Parkfleld Escrow,lne-- iNtaricela Espinoza MY previous instructions in the above numbered escrow are hereby modified — supplemented in the following particulars only Buyer has qualified for a new Trust Deed loan in favor of Loandepoteom, Lie DBA lmortgage, in the principal amount of S378,100.00, with a rate of 4.6250% per annum for a loan term of months, per Lender's documents to be placed in escrow Borrower's execution of Lender's documents shall deem their approval of all terns and conditions contained therein. All other terms and conditions of this escrow shall remain the same. All parties signing this instruction acknowledge receipt of a copy of same. SELLER: City Vernon City, a Municipal Corporation ( a«us grad by: City, Administrator BUYER: J�x uiv �anclmz