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Resolution No. 2017-068RESOLUTION NO. 2017-68 a A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND RATIFYING THE EXECUTION OF A PURCHASE AGREEMENT AND JOINT ESCROW INSTRUCTIONS, AND ALL RELATED DOCUMENTS, WITH EULISES PEREZ FOR THE REAL PROPERTY LOCATED AT 2915 E. 60TH PLACE, UNIT S, HUNTINGTON PARK, CA 90255 WHEREAS, on July 18, 2017, the City Council of the City of Vernon adopted Resolution No. 2017-35, approving and authorizing the execution of 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 two residential properties owned by the City; and WHEREAS, on or about September 26, 2017, in order to accept a highly competitive offer, the City Administrator executed a Purchase Agreement and Joint Escrow Instructions, and all related documents (the "Agreement"), accepting the terms and conditions for a sale, and escrow, subject to the ratification by the City Council; and WHEREAS, on November 7, 2017, in closed session, the City Council authorized the City Administrator to, under the advice and guidance of the City's real estate agent, finalize specific terms and execute any additional documents related to the sale of the properties on behalf of the City; and WHEREAS, by memorandum dated December 19, 2017, the City Administrator has recommended the approval and ratification of the Agreement, with Eulises Perez for the real property located at 2915 E. 60th Place, Unit S, Huntington Park, CA 90255; and WHEREAS, the City Council of the City of Vernon desires to approve and ratify the actions of the City Administrator in executing the Agreement with Eulises Perez. 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), because the approval and ratification of the execution of a purchase agreement for the sale of City -owned residential property is an administrative and government fiscal activity that will not result in direct or indirect physical changes in the environment, and therefore does not constitute a "project" as defined by CEQA Guidelines section 15378. SECTION 3: The City Council of the City of Vernon hereby approves and ratifies 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 Eulises Perez for the real property located at 2915 E. 60th Place, Unit S, 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. SECTION 5: The City Council of the City of Vernon hereby directs the City Clerk, or the Deputy City Clerk, to send a fully - 2 - executed Agreement to Eulises Perez. 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 19th day of December, 2017. ATTEST: Mar a E. AYA14L City Clerk / Deputy City Clerk APPROVED AS T FORM: t Brian Byun, Senior Deputy City Attorney Name: Melissa ` A. Ybarra Title: Mayor / Mayot—PreTeFa- - 3 - STATE OF CALIFORNIA ) ) ss COUNTY OF LOS ANGELES ) I, Maria E . Ayala, City Clerk / De u:t-y '`ity rlcr'.: of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 2017-68, 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, December 19, 2017, and thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of Vernon. Executed this ZO day of December, 2017, at Vernon, California. (SEAL) - 4 - M ria E . 4ala City Clerk / l' y ,,eputr_+. G er-k -1 - EXHIBIT A uucuoign cnvcstuNe tv. i�� ucrr�-ouw-4rwo Coro-itiorr urutio A `CALI FORNIA i ` ASSOCIATION RESIDENTIAL PURCHASE AGREEMENT _I OF RE A LT.O RS " AND JOINT ESCROW INSTRUCTIONS le (C.A.R. Form RPA-CA, Revised 1215 ) Date Prepared: 0812512017 1. OFFER: A. THIS IS AN OFFER FROM _ Eulises Perez ("Buyer"). B. THE REAL PROPERTY to be acquired is 2915 E 60th Pl #S, Huntinqton Park, CA 90255 situated in Huntington Park (City), Los Anqe/es (County), California, 90255 (Zip Code), Assessors Parcel No. 6310-023-270 ("Property"). C. THE PURCHASE PRICE offered is Three Hundred Fifteen Thousand Dollars $ 315,000.00 D. CLOSE OF ESCROW shall occur on I (date)(or© 28 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 [g "Disclosure Regarding Real Estate Agency Relationships" (C.A.R. Form AD). B. CONFIRMATION: The following agency relationships are hereby confirmed for this transaction: Listing Agent Century 21 Allstars (Print Firm Name) is the agent of (check one): [X] the Seller exclusively; or both the Buyer and Seller. Selling Agent _ CHLV GROUP (Print Firm Name) (if not the same as the Listing Agent) is the agent of (check one): X the Buyer exclusively; orLJ the Seller exclusively; or LJ both the Buyer and Seller. C. POTENTIALLY COMPETING BUYERS AND SELLERS: The Parties each acknowledge receipt of a k "Possible Representation of More than One Buyer or Seller - 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 ............................................. $ 5,000.00 (1) Buyer Direct Deposit: Buyer shall deliver deposit directly to Escrow Holder by electronic funds transfer, ❑ cashier's 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 shall be held uncashed until Acceptance and then deposited with Escrow Holder within 3 business days after Acceptance (or ) Deposit checks given to agent shall be an original signed check and not a copy. (Note: Initial and increased deposits checks received by agent shall 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 (C.A.R. 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 .......................................................... $ 315,000.00 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 of ....................................................... $ This loan will be conventional financing or []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. (3) FHANA: For any FHA or VA loan specified in 31)(1), Buyer has 17 (or ) Days After Acceptance to Deliver to Seller written notice (C.A.R. 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 FHANA 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 ........................... $ to be deposited with Escrow Holder pursuant to Escrow Holder instructions. G. PURCHASE PRICE (TOTAL): .............................................................. $ 315,000.00 Ds Buyer's Initials ( �L ) ( ) Seller's Initials ( ) © 1991-2015, California Association of REALTORS@, Inc E�UkI �WSIN: R A -CA REVISED 12/15 (PAGE 1 OF 10) avoanan,•, CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 1 OF 10) CHLV Group Inc, 21)63 S. Atlantic Blvd Suite 211 Monterey Park, CA 91754 Phone: (626)759-8655 Fax: 2915 E 60th PI Kevin Wang Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLouix.com uUUUJlyll cijvt;iupC IL), /IAJUCrrC-O UUU-Yr4D-�Jr D-/40rAUrV40VH Property Address: 2915 E 60th Pl #S, Huntington Park, CA 90255 Date: August 25, 2017 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. (rX 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 14B(3), in writing, remove the appraisal contingency or cancel this Agreement within 17 (or 14 ) 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 Buyer's written application and credit report, Buyer is prequalified or preapproved for any NEW loan specified in paragraph 3D. 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. ( X Letter attached.) (2) LOAN CONTINGENCY: Buyer shall act diligently and in good faith to obtain the designated loan(s). Buyer's 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. Buyer's contractual obligations regarding deposit, balance of down payment and closing costs are not contingencies of this Agreement. (3) LOAN CONTINGENCY REMOVAL: Within 21 (or 17 ) 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 loan 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 Buyer's 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 Buyer's lender. If the total credit allowed by Buyer's lender ("Lender Allowable Credit") is less than the Contractual Credit, then (i) 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 Buyer's 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 Buyer's 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 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 Buyer's ability to obtain financing are NOT contingent upon the sale of any property owned by Buyer. OR B. D This Agreement and Buyer's 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). 5. ADDENDA AND ADVISORIES: A. ADDENDA: Addendum # ONE (C.A.R. Form ADM) Se tic, Well and Property Monument Addendum C.A.R. Form SWPI Short Sale Addendum C.A.R. Form SSA Other C.A.R. Form FVAC B. BUYER AND SELLER ADVISORIES: Buyer's Inspection Advisory (C.A.R. Form BIA) Probate Advisory C.A.R. Form PA Statewide Buyer and Seller Advisory C.A.R. Form SBSA Trust Advisory C.A.R. Form TA REO Advisory C.A.R. Form REO Short Sale Information and Advisory C.A.R. Form SSIA Other 6. OTHER TERMS: 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 XI Seller shall pay for a natural hazard zone disclosure report, including tax IX environmental ❑ Other: prepared by Seller's Choice (2) Buyer X Seller shall pay for the following Report Complete termite inspection report prepared b A licensed structural pest control company (3) Buyer [Seller shall pay for the following Report prepared by Buyer's Initials ( P_ ) ( ) Seller's Initials ( !/ i �_ ) RPA-CA REVISED 12/15 (PAGE 2 OF 10) p CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 2 OF 10) EQW X Stl rp- Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.ziot_ogix.com 2915 E 60th PI p VUUU'. Ilyll cIIvuluyt IU. II�I�UCrrC'OVVU'4f'4D'�Jr D'/40r NLJr U40l, h1 Property Address: 2915 E 60th PI #S, Huntington Park, CA 90255 Date: August 25L2017 B. GOVERNMENT REQUIREMENTS AND RETROFIT: (1) LJ Buyer LX Seller shall pay for smoke alarm and carbon monoxide device installation and water heater bracing, if required by Law. Prior to Close Of Escrow ("COE"), Seller shall provide Buyer written statement(s) of compliance in accordance with state and local Law, unless Seller is exempt. (2) (i) _ Buyer �)�( 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 IX 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) 1,)� Buyer ,)� Seller shall pay escrow fee Each to pay their own (b) Escrow Holder shall be Seller's Choice (c) The Parties shall, within 5 (or ) Days After receipt, sign and return Escrow Holder's general provisions. (2) (a) ❑ Buyer © Seller shall pay for owner's title insurance policy specified in paragraph 13E (b) Owner's title policy to be issued by Seller's Choice (Buyer shall pay for any title insurance policy insuring Buyer's lender, unless otherwise agreed in writing.) D. OTHER COSTS: (1) Buyer Seller shall pay County transfer tax or fee (2) C Buyer Seller shall pay City transfer tax or fee (3) _ Buyer'_ Seller shall pay Homeowners' Association ("HOA") transfer fee (4) Seller shall pay HOA fees for preparing documents required to be delivered by Civil Code §4525. (5) [] Buyer J 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 Seller shall pay for any private transfer fee (8) Buyer X Seller shall pay for See attached Addendum no.1 (9) Buyer, Seller shall pay for (10) Buyer Seller shall pay for the cost, not to exceed $ 485.00 of a standard (or X upgraded) one-year home warranty plan, issued by Fidelity National CRES Comprehensive Plus Plan with the following optional coverages: !Ad Air Conditioner I_ ' 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. 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 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 if checked all stove(s). except 1 all refrigerator(s) except all washer(s) and dryer(s), except (3) The following additional items: dishwasher; rangehood_ _ (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 (7 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. 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 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 Seller and shall be transferred free and clear of liens and encumbrances, except the items and systems identified pursuant to 8B(5) and , and (ii) are transferred without Seller warranty regardless of value. C. ITEMS EXCLUDED FROM SALE: Unless otherwise specified, the following items are excluded from sale: (i) 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) Brackets attached to walls, floors or ceilings for a gy such component, furniture or item shalJl air with the Property (or r will be removed and holes or other damage h e rer' 1 t not painted). Buyer's Initials ( -7 ) ( ) Seller's Initials ( ( ) RPA-CA REVISED 12/15 (PAGE 3 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 3 OF 10) Produced with zifform® by zipLogix 18070 Fifteen Mile Road, Fraser. Michigan 48026 __ ixLom 291, E 600, PI N uuut-rotyii ciivuiupu lu. /li liVCt-r C'OU VI/-Yf YD'�Jf'D-/40r'/-1U ("U40liH Property Address: 2915 E 60th PI #S, Huntington Park, CA 90255 Date: August 25, 2017 9. CLOSING AND POSSESSION: A. Buyer intends (or j does not intend) to occupy the Property as Buyer's primary residence. B. Seller -occupied or vacant property: Possession shall be delivered to Buyer., (i) at 6 PM or ( AM/; PM) on the date of Close Of Escrow; (ii) 7 no later than calendar days after Close Of Escrow; or (iii) 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, (i) the Parties are advised to sign a separate occupancy agreement such as ^i C.A.R. Form SIP, for Seller continued occupancy of less than 30 days, C.A.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 Buyer's lender about the impact of Seller's occupancy on Buyer's loan. D. Tenant -occupied property: Property shall be vacant at least 5 (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 Deliver to 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 LEAD -BASED PAINT HAZARD DISCLOSURES) AND CANCELLATION RIGHTS: A. (1) Seller shall, within the time specified in paragraph 14A, Deliver to Buyer: (i) if required by Law, a fully completed: Federal Lead - Based Paint Disclosures (C.A.R. 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 (C.A.R. Form SPQ or ESD). (2) Any Statutory Disclosure required by this paragraph is considered fully completed if Seller 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 Buyer's 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 (ii) complete any sections on all disclosures required to be completed by Buyer's 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 1413(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 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 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 Seller's agent. B. NATURAL AND ENVIRONMENTAL HAZARD DISCLOSURES AND OTHER BOOKLETS: Within the time specified in paragraph 14A, Seller shall, if required by Law: (i) Deliver to Buyer earthquake guide(s) (and questionnaire), environmental hazards booklet, and home energy rating pamphlet; (ii) 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 (III) 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 Deliver to Buyer or qualified substitute, an affidavit sufficient to comply with federal (FIRPTA) and California withholding Law (C.A.R. Form AS or QS). 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.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.) 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) Internet Web site maintained by the United States Department of Transportation at h"p://www.npms.phmsa.dot.gov/. 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. CONDOMINIUM/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 development or other common interest subdivision (C.A.R. Form SPQ or ESD). Ds Buyer's Initials ( �) ( ) Seller's Initials ( ) RPA-CA REVISED 12115 (PAGE 4 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 4 OF 10) Produced with zipForm ap by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLooix.com 2915 F 60th Pi 4 uuuuaiyii cnvviupta lu. i%a%.ucrrc-OUVL)-4r4o-v,3rt]-r4orhuru4our+ Property Address: 2915 E 60th PI #S, Huntington Park, CA 90255 Date: August 25, 2017 (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): (i) Copies of any documents required by Law; (ii) disclosure of any pending or anticipated claim or litigation by or against the HOA; (ill) 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, "Cl Disclosures"). (vi) private transfer fees; (vii) 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. Buyer's approval of Cl 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: (i) the Property is sold (a) "AS -IS" in its PRESENT physical condition as of the date of Acceptance and (b) subject to Buyer's Investigation rights; (ii) the Property, including pool, spa, landscaping and grounds, is to be maintained in substantially the same condition as on the date of Acceptance; and (ill) 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 (ii) 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 built according to code, in compliance with current Law, or have had permits issued. 12. BUYER'S INVESTIGATION OF PROPERTY AND MATTERS AFFECTING PROPERTY: A. Buyer's 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 146(1), Buyer shall have the right, at Buyer's expense unless otherwise agreed, to conduct inspections, investigations, tests, surveys and other studies ("Buyer Investigations"), including, but not limited to: (i) a general physical inspection; (ii) 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); (ill) inspect for lead -based paint and other lead -based paint hazards; (iv) satisfy Buyer as to any matter specified in the attached Buyer's Inspection Advisory (C.A.R. Form 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 (vii) 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 (i) as specified in paragraph 14B, complete Buyer Investigations and either remove the contingency or cancel this Agreement, and (ii) 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 Buyer's Investigations and through the date possession is made available to Buyer. D. Buyer indemnity and seller protection for entry upon property: Buyer shall: (1) keep the Property free and clear of liens; (ii) repair all damage arising from Buyer Investigations; and (ill) 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 cant', 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 Buyer's direction prior to Close Of Escrow. Seller 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 Buyer's direction. Buyer's obligations under this paragraph shall 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. Buyer's 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. 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 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 shalt receive a grant deed conveying title (or, for stock cooperative or long-term lease, an assignment of stock certificate or of Seller's leasehold interest), including oil, mineral and water rights if currently owned by Seller. Title shall vest as designated in Buyer's supplemental escrow instructions. THE MANNER OF TAKING TITLE MAY HAVE SIGNIFICANT LEGAL AND TAX CONSEQUENCES. CONSULT AN APPROPRIATE PROFESSIONAL. DS \� / Buyer's Initials ( � ) ( ) Seller's Initials ( RPA-CA REVISED 12115 (PAGE 5 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 5 OF 10) Produced with zipForm®by zipLogix 18070 Fifteen Mile Road, Fraser: Michigan 48026 www.ziDLooix.com 2915 E 60th PI n L)uuuoiyn mivewNe ii-). i� v ucrrc-o �uv-tir4o-noro i4orr uru4o� r Property Address: 2915 E 60th PI #S Huntion Park, CA 90255 Date: August 25, 20?7 — - - ----- - - - - -- -- — E. Buyer shall receive a CLTA/ALTA "Homeowners Policy of Title Insurance", if applicable to the type of property and buyer. If not, Escrow Holder shall notify Buyer. A title company can provide information about the availability, coverage: and cost of other title policies and endorsements. If the Homeowner's Policy is not available, Buyer shall choose another policy, instruct Escrow Holder in writing and shall pay any increase in cost. 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, 8B(5), 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 (C.A.R. Form NSP) may cancel this Agreement. B. (1) BUYER HAS: 17 (or 12 ) Days After Acceptance, unless otherwise agreed in writing, to: (i) 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 all matters affecting the Property: and (ii) Deliver to Seller Signed Copies of Statutory and Lead Disclosures and other disclosures Delivered by Seller in accordance with paragraph 10A. (2) Within the time specified in paragraph 14B(1), Buyer may request that Seller 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. Form 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 Seller 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 applicable contingency or cancellation of this Agreement. (4) Continuation of Contingency: Even after the end of the time specified in paragraph 14B(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, Seller may not cancel this Agreement pursuant to paragraph 14D(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 Buyer's Investigation Contingency has been waived or removed. C. F, 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 Buyer's 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 (C.A.R. Form NBP), may cancel this Agreement. In such event, Seller shall authorize the return of Buyer's deposit, except for fees incurred by Buyer. (2) Seller right to Cancel; Buyer Contract Obligations: 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): (i) Deposit funds as required by paragraph 3A, or 3B or if the funds deposited pursuant to paragraph 3A or 36 are not good when deposited; (ii) Deliver a notice of FHA or VA costs or terms as required by paragraph 3D(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 3H; (v) In writing assume or accept leases or liens specified in 8135; (vi) Return Statutory and Lead Disclosures as required by paragraph 10A(5); or (vii) Sign or initial a separate liquidated damages form for an increased deposit as required by paragraphs 3B and 216; 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; (ii) 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 obligation specified 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; (ii) 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 Seller must first Deliver to the other Party a demand to close escrow (C.A.R. Form DCE). The DCE shall: (i) be signed by the applicable Buyer or Seller; and (ii) give the other Party at least 3 (or _) Days After Delivery to close escrow. A DCE may not be Delivered any earlier than 3 Days Prior to the scheduled close 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 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 BDRD or SDRD). Escrow Holder, upon receipt, shall promptly deliver notice of the demand to the other Party. If. within 10 Days After Escrow Holder's 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 instructions. A Party may be subject to a civil penalty of up to $1,000 for refusal to sign cancellation instructions if no good faith dispute exists as to who is entitled to the deposited funds (Civil Code §1057.3). Ds Buyer's Initials ( ) ( ) Seller's Initials RPA-CA REVISED 12/15 (PAGE 6 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 6 OF 10) Produced with zipFormG by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www,zic)Loaix.com 2915 F 600h N q uucuotyn cuveiuNt� tu. i%,uur-rrc-ouuu--rr-to-tioro-r4ormuru,+o-,,tA Property Address: 2915 E 60th Pl #S, Huntington Park, CA 90255 Date: Auglust 25 2017 15. FINAL VERIFICATION OF CONDITION: Buyer shall have the right to make a final verification of the Property within 5 (or I I _ ) Days Prior to Close Of Escrow, NOT AS A CONTINGENCY OF THE SALE, but solely to confirm: (i) the Property is maintained pursuant to paragraph 11; (ii) Repairs have been completed as agreed; and (iii) Seller has complied with Seller's other obligations under this Agreement (C.A.R. Form VP). 16. REPAIRS: Repairs shall 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 (iii) provide Copies of invoices and paid receipts and statements to Buyer prior to final verification of condition. 17. PRORATIONS OF PROPERTY TAXES AND OTHER ITEMS: Unless otherwise agreed in writing, the following items shall be PAID CURRENT and prorated between Buyer and 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 Mello -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: (i) 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; (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 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 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) 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), 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 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, 413, 5A, 6, 7, 10C, 13, 14G, 17, 18A, 19, 20, 26, 29, 30, 31, 32 and paragraph D of the section titled 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 close 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 Seller's Statement of Information to Title company when received from Seller. If Seller delivers an affidavit to Escrow Holder to satisfy Seller's FIRPTA obligation under paragraph 10C, Escrow Holder shall deliver to Buyer a Qualified Substitute statement that complies with federal Law. os Buyer's Initials ( ) ( ) Seller's Initials RPA-CA REVISED 12/15 (PAGE 7 OF 10) EpWL NCLSING CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 7 OF 10) Produced voth zipFonn® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zioLoaix.com 2915 E 60th P1 M L)uuuoiyn ciiveiuNe iu. r� ur rrc owv tir4o aoro r4orr L ru4o� n Property Address: 2915 E 60th PI #5, Huntington Park, CA 90255 Date: August 25, 2017 C. Brokers are a party to the escrow for the sole purpose of compensation pursuant to paragraph 18A and paragraph D of the section titled 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 shall provide Seller and Seller's Broker verification of Buyer's deposit of funds pursuant to paragraph 3A and 3B. Once Escrow Holder becomes aware of any of the following, Escrow Holder shall immediately notify all Brokers: (i) if Buyer's 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 (ii) 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 14H, 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 BUYER AND SELLER SHALL SIGN A SEPARATE LIQUIDATED DAMAGES PROVISION INCORPORATING THE INCRE� EPOSIT AS LIQUIDATED DAMAGES (C.A.R. FO ). Buyer's Initials / Seller's Initials / (_�� 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.consumermediation.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 claim 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 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 IN Tr�RBITRATION OF DISPUTES' PROVISION TO NEU s RB��N." Buyer's Initials / Seller's Initials / C. ADDITIONAL MEDIATION AND ARBITRATION TERMS: (1) EXCLUSIONS: The following matters are excluded from mediation and arbitration: (i) a judicial or non -judicial foreclosure or other action or proceeding to enforce a deed of trust, mortgage or installment land sale contract as defined in Civil Code §2985; (ii) an unlawful detainer action; and (iii) any matter that is within the jurisdi of a probate, small claims or bankru urt. Buyer's Initials ( —1 ) ( ) Seller's Initials ( ) RPA-CA REVISED 12/15 (PAGE 8 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 8 OF 10) Produced with zipForm7 by zipLogix 18070 Fdteen Mile Road, Fraser. M.chigan 48026 www.zioLogix. corn 2915 F 60th PI # uuwolyll cIIvCIuF1C IL). t,,uucrrc'o Vuu-'7r4o'7Jro-/4orMVru4ol,m Property Address: 2915 E 60th PI #S, Huntington Park CA 90255 Date: Aygust 25, 2017 (2) PRESERVATION OF ACTIONS: The following shall not constitute a waiver nor violation of the mediation and arbitration provisions: (i) the filing of a court action to preserve a statute of limitations; (ii) 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 (iii) 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 Seller 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 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 understandings between the Parties are incorporated in this Agreement. Its terms are intended by the Parties as a final, complete and exclusive expression of their Agreement with respect to its subject matter, and may not be contradicted by evidence of any prior agreement or contemporaneous oral agreement. If any provision of this Agreement is held to be ineffective or invalid, the remaining provisions will nevertheless be given full force and effect. Except as otherwise specified, this Agreement shall be interpreted and disputes shall be resolved in accordance wth the Laws of the State of California. Neither this Agreement nor 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 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. "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 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. I. "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, 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 Kevin Wan who is authorized to receive it, by 5:00 PM on the third Day after this offer is signed by Buyer (or by _ -._ AM/ L PM, on (date)). _I One or more Buyers is signing this Agreement in a representative capacity and not for him/herself as an individual. See attached Representative Capacity Signaturelgisclgsure (C.A.R. ll—�I rlr-e_Z_FRCSD-B) for additional terms. �Date BUYER V ; e-5 1 08/25/2017 13:38:21 (Print name) Date (Print name) BUYER Additional Signature Addendum attached (C.A.R. Form ASA). Seller's Initials ( RPA-CA REVISED 12115 (PAGE 9 OF 10) ` CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 9 OF 10) Produced with YipForml) by zipl_cgix 18070 Fifteen Mile Road, Fraser. Michigan 48026 www.;4 ix.c m 291S r: nulh 1'1 4 -aUi.. uUUSi\� --uu uwmupe— —uerre-orvuv-rrro earn rrornur-- Property Address: 2915 E 60th PI #S, Huntington Park, CA 90255 Date' August 25, 2017 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. (If checked) SELLER'S ACCEPTANCE IS SUBJECT TO ATTACHED COUNTER OFFER (C.A.R. Form SCO or SMCO) DATED: IVOne or more Sellers is signing this Representative Capacity Signalur Date 9/26/2017 SELLER (Print name) City of Vemon Date SELLER (Print name) in a representative capacity and not for him/herself as an individual See attached 1.g. Form RCSD-S) for additional terms. [!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) rsona11 received by Buyer or Buyers authorized agent on (dale) at �]AM/ �-JPM. A binding Agreement is created when a Copy of Signed Acceptance is personally received by Buyer or Buyer's 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 am 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 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. Form CBC). Declaration of License and Tax (C.A.R. Form DLT) may be used to document that tax reporting will be required or that an exemption exists. Re la Estate Br�t r (Selllnr*yfm) CHLV GROUP _ CeIBRE Lic. # 01517692 By V pV1' wv�) ✓ Kevin Wan a CeIBRE Lic. If 01891317 Date 08/2512017 oe/za20172020.50 By CeIBRE Lic. # Date Address 2063 South Atlantic Blvd Suit. 2H City Monterey Park State CA Zip 91754 Tel In kvno2mew515�.gmaiLcom RFinn) Century 21 lillstam C.IBRJ&Y3# 01280965 By /7f -% Luther Sanchez CaIBRE Lic. # 01226461 Date 1 J/ — — — CeIBRE Lic. # Date Addraw a egrap tf�i(1- CityP)oo Rivera _ Stale CA Zip _ _____ Telephone Fax E-mail ESCROW HOLDER ACKNOWLEDGMENT: Escrow Holder acknowledges receipt of a 1 of this Agreement, (A checked,Na deposit in me amount of 6 5,000.00 ). counteroffernumberaAda0ndum #) SCO#1 Seller's Statement of Information and , and agrees to act as Escrow Holder subject to paragraph 20 of this Agreement, any supplemental escrow instructions and the terms of Escrow Holders general provisions Escrow Holder is advised that the date of Confirmation ce of the Agreement as between Buyer and Seiler is 9/26/201 % Escrow Holder Concier a Escrow Serv• EaLrow# 14891- By clu, Appirinin Dat Address Phone/FexlE-mail ow Holder has the following license number # e altmeni of Business Oversight, FlDepartmant o(InsuranceJ I Bureau of Real Estate. PRESENTATION OF OFFER:(_) Listing Broker presented this offer to Seller on (date). Broker or Design.. lnNels REJECTION OF OFFER:(_)(_) No counteroffer is being made This offer was rejected by Seller on (dale). Sellers Initials 01991- 2015, CallraNe Association at REALTORSO, Inc Untied Steles copyright Iew (Tee 17 U S Code) forbids the unauthorized dsbibutim, display and reprodudinn of this farm, or any pwion thereof, by photawpy mach lne many other means, IMuMng facsimile or wmpuleriied 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. Published and Distributed by Buyer Acknowledges that page 10 is pan of this Agreement Us REAL ESTATE BUSINESS SERVICES, INC Buyers Inivals e eavibudiary otthe CALIFORNIA ASSOCIATION OF REALTORft q =' ! 525 Saulh Virgil Avenue. Los Angeles, Caelomia 90020 RaWeweO by Illeeeaaalll�� RPA-CA REVISED 12115 (PAGE 10 of 10) Broker or Desi CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 10 OF 10) , nU,07U nwu.l '�us�m rrrn i . uuuwoiyn ctivewNe it.). i�,�,ur-rrc-ouuu-vr-+o-ooro-t-+orr,uru•+our+ i C A L I F 0 R N I A ASSOCIATION Wor OF P EALTORS ADDENDUM (C.A.R. Form ADM, Revised 12115) No. ONE The following terms and conditions are hereby incorporated in and made a part of the: X Purchase Agreement, �] Residential Lease or Month -to -Month Rental Agreement, 7 Transfer Disclosure Statement (Note: An amendment to the TDS may give the Buyer a right to rescind), _ Other dated August 25, 2017 on property known as 2915 E 60th PI #S Huntinqton Park, CA 90255 in which Eulises Perez is referred to as ("Buyer/Tenant") and is referred to as ("Seller/Landlord"). Seller shall pay for all work recommended to correct "Section I" conditions described in the Wood Pest Report required by paragraph 7A(ii) of C.A.R. Form RPA-CA including the cost of inspection, entry and closing of those inaccessible areas where active infestation is discovered Prior to Close of Escrow, Seller shall deliver to Buyer a written Pest Control Certification of Completion showing that no infestation is found or that required corrective work is completed The foregoing terms and conditions are hereby agreed to, and the undersigned acknowledge receipt of a copy of this document. Date August 25, 2017 E✓I1525 { er2Z ro' 0825201713:3833 Buyer/Tenant _ Eulises Perez Buyer/Tenant Date 9/26/2017 ocu ne y: Seller/Landlord ./_ .`t vir Seller/Landlord ® 1986-2015, California Association of REALTORSO, Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of this form, or any portion thereof, by photocopy machine or any other means, including facsimile 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 PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORSO. It is not intended to identify the user as a REALTOR& REALTORO is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS@ who subscribe to its Code of Ethics. 1 Published and Distributed by: r REAL ESTATE BUSINESS SERVICES, INC. to a subsidiary of the California Association of REALTORSO ` 111 525 South Virgil Avenue, Los Angeles. California 90020 Reviewed by Date EQIA: a— fIPVLAr"Rv ADM REVISED 12/15 (PAGE 1 OF 1) ADDENDUM (ADM PAGE 1 OF 1) CHU' Croup Inc, 2063 S. .Atlantic Blvd Suite 2H Monterey Park, CA 91754 Phone: (626)759-8655 Fax: 2915 F. 60th PI q Kevin Wang Produced with zipForm@ by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zii3Lociix.com *newamericar!1 *1; PRE -APPROVAL FOR PURCHASE Date: June 16, 2017 Buyer(s): EULISES PEREZ Property Address: TBD To Whom It May Concern: This letter shall serve as a pre -approval for a loan in connection with the purchase transaction for the above referenced buyer(s). While the property has yet to be selected, based on preliminary information a pre -approval is herein granted with the following terms: Purchase Price: Loan to Value: Loan Type/Term FICO: $400,000 100% VA / 360 months 727 This pre -approval is based on personal financial information provided by the buyer(s) via telephone and is subject to verification of said information including and not limited to: income documentation, assets, title, appraisal, and appraisal review. The interest rate is not locked in and this is not a commitment to lend. If there are any questions regarding this letter please feel free to contact me at 310-428-0828. Sincerely, Robert Reza Loan Consultant NMLS #118012 310-428-0828 Robert.Reza@ nafinc.com Disclaimer: Loan Contingency. Even though a buyer may hold a pre -approval letter, further investigations concerning the property or the borrower could result in a loan denial. We suggest the buyer consider a loan contingency requirement in the purchase contract (to protect earnest money deposit) in accordance with applicable state law. NMLS ID#6606, State Licensing Information: http://www.newameri"nfunding.com/getaquote/license.html •��• 0 New American Funding. New American and New American Funding are registered trademarks of Broker Solutions. DBA New American Funding. All Rights Reserved. DocuSign Envelope10 OA544507-17E&4084-BFBB-E1E1DD475FE4 AC A L I F O R N I A REPRESENTATIVE CAPACITY SIGNATURE DISCLOSURE ASSOCIATION (FOR SELLER REPRESENTATIVES} VI/r OF R E A L T O R S (C.A.R. Form RCSDS, Revised 8r16) This form is not an assignment. it should not be used to add new parties after a contract has been fanned, The purpose of this form is to Identify who the principal is In the transaction and who has authority to sign documents on behalf of the principal. This Ise disclosure to the Purchase Agreement, Listing Agreement, ?C Other All Real Estate Disclosures dated , ('Agreement"), for the property known as 2915 E. 60th Pl. #S ("Property"), between ("Buyer", Listing Broker) and City of Vemon ("Seller"). If a trust, Identify Seller as the trustee(s) of the trust or by simplified trust name (ex. John Doe, co -trustee, Jane Doe, co -trustee or Doe Revocable Family Trust 3 ). Full name of trust should be identified in 1A below. If power of attorney, insert principal's name as Seller. 1. A. TRUST: (1) The Property is held in trust pursuant to a trust document, titled (Full name of Trust) dated (2) The person(s) signing below islare Sole/Co/Successor Trustee(s) of the Trust. X B. ENTITY: Setter is a Corporation, UmIted LlabUity Company, Partnership X Other: City of Vernon which has authorized the officer(s), managing member(s), partner(s) or person(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 C. POWER OF ATTORNEY: Seller ('Principal") has authorized the person(s) signing below ("Attomey-In-Fact", 'Power of Attorney' or "POA") to act on his/her behalf pursuant to a General Power of Attorney ( 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. D. ESTATE: (1) Seller is an estate, conservatorship, or guardianship Identified by Superior Court Case name as , Case # (2) The person(s) signing below istare court approved representatives (whether designated as Sole or Co -Executor, Administrator, Conservator, Guardian) of the estate, conservatorship or guardianship identified above. 2. Seller's Representative represents that the trust, entity or power of attorney for whim that Party is acting already exists. SellerOn.gMdby BI( L,ri9� F..tiAo Date: 10/12/2017 ( Hg"7g6Tgpstee, Officer, Managing Member, Partner, Attorney -in -Fact or Administrator/Executor) (Print Representative Name► Carlos Fandino Title: Authorized Signer By Date: (Sign Name of Trustee, Officer, Managing Member, Partner, Attorney -In -Fact or Administrator/Executor) (Print Representative Name) Title: Acknowledgement of Receipt By Other Party: (Usting Broker) �Century 21 Allstars By I!.G�Y6B SAAWWZ Date: 10/12/2017 (Buyer) Date: t012411'}- (Print Buyer Name) C � � .'S(,5 A- �e fC L I (Buyer) Date (Print Buyer Name) O 2015.2016 Cafdomta Association of REALTOR5110, In< UnIed States copyright law (Tide 17 U.S Cade) forbids the umuClorind distrlbWon, ddplay and repmducamr of lift fort or any poldon thereof, by photocopy maclAne crony oll means, Including Ncen le or eorrTula zed formats. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS& NO REPRESENTATION Is MAOE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION, A REAL ESTATE BROKER IS THE PERSON OWLWIE13 TO ADVISE ON REAL ESTATE TRANSACTIONS IF YOU DES69ELEGALORTAX ADVICE. CONSULTANAPPROPRIATE PROFESSIONAL Pubdshed end Disinbuted by REAL ESTATE BUSMEBS SERVICES, INC. s e witz M of Iris Coftn a Asmdabon of REAL TORS® c 515 Sau1h Vlpl Avenue Los Argeks. California 90020 Renewed by _ RCSDS REVISED fl/16 (PAGE 1 OF 1) MC=0CCC1srA1'nrC rreoArtrV sur_u ATl tos: ntcr•t nm toC rnnen a nAnc A nr ., CM— n Aarnn 9141 Tdnt.ph Rd ?.-IFb M "r r. Rhm CA tOW sic 11 ffL11ti121 -- Fs. untied Cu . 40 2 1JUL,tJ01y11 CIIVCIUIJH ILJ. /LUUCrr C-OL)ULJ-4r4D-ziJr D-/40r NLJr U°fOUM CA 1,11:0ItNI A A S S O c I A T I 0 N BUYER'S INSPECTION ADVISORY O F It. L A L T O R S (C.A.R. Form BIA, Revised 11 /14) Property Address: 2915 E 60th PI #S, 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 INVESTIGATE THE CONDITION AND SUITABILITY OF 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 BROKERS. 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, 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 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 flood. 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. I. 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 PROPERTY RESTRICTIONS: Some cities and counties impose restrictions that limit the amount of rent that can be charged, the maximum number of occupants, and the right of a landlord to terminate a tenancy. Deadbolt or other locks and security systems 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 species, 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 signing below, Buyers acknowledge that they have read, understand, accept and have received a Copy of this Advisory. Buyers ncourage read it carefu!!y. 4wv Buyer �,I 15t25 er—eoarzsizon 1338:21 Buyer — - -- — — - Eulises Perez O 1991-2004, California Association 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. Published and Distributed by: REAL ESTATE BUSINESS SERVICES, INC. " a subsidiary of the California Association of REALTORSO 525 South Virgil Avenue, Los Angeles, California 90020 Reviewed by___ Date BIA REVISED 11/14 (PAGE 1 OF 1) BUYER'S INSPECTION ADVISORY (BIA PAGE 1 OF 1) C111.\Grnup Inc. 21161 S. 411-1ir and sui(c 2H 111n w-N Park, CA 91754 Phone. 1626)759-8655 Fax 2915 1: 60th PI 4 Kcai❑ \Can, Produced with zipForm® by zipLogix 18070 Fifteen Mile Road. Fraser, Michigan 48026 www,vDLoaix.com uuuuoiyn crave upu iu r4ormijru4ov,r 4 116 CAL I F CIIZ N I A FHA/VA Amendatory Clause p ASSOCIATION (C.A.R. Form FVAC, Revised 12/16) 09F OF REALTORSx This is an addendum to the X California Residential Purchase Agreement or Other ("Agreement"), dated August 25, 2017 on property known as 2915 E 60th PI #S, Huntington Park, CA 90255 ---- — („Property"), 6-e—twia—en Eulises Perez ("Buyer"), and -- -- _ — - - — --- — („Seller"). 1. "It is expressly agreed that notwithstanding any other provisions of this contract, the purchaser shall not be obligated to complete the purchase of the property described herein or to incur any penalty by forfeiture of earnest money deposits or otherwise unless the purchaser has been given in accordance with HUD/FHA or VA requirements a written statement by the Federal Housing Commissioner Department of Veterans Affairs, or a Direct Endorsement lender setting forth the appraised value of the property of not less than $ A _ _ The purchaser shall have the privilege and option of proceeding with consummation of the contract without regard to the amount of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure or Department of Veterans Affairs will guaranty. Neither HUD or VA warrant the value or the condition of the property. The purchaser should satisfy himself/herself that the price and condition of the property are acceptable." If after signing this Amendatory Clause, the purchase price increases, Buyer and Seller agree to sign, before Close of Escrow, a new amendatory clause that reflects the final purchase price agreed to by Buyer and Seller. For FHA transactions, the Amendatory Clause is not required on HUD REO sales, sales where the seller is Fannie Mae, Freddie Mac, the Department of Veterans Affairs, Rural Housing Services, other Federal, State and local government agencies, mortgagees disposing of REO assets, or sellers at foreclosure sales and those sales where the borrower will not be an owner -occupant (e.g., sales to nonprofit agencies). 2. CERTIFICATION: The undersigned Buyer, Seller, and real estate agent(s) or broker(s) hereby certify that the terms and conditions of the sales contract referenced above are true to the best of their knowledge and belief and that any other agreement entered into by any of the parties in connection with the real estate transaction is part of, or attached to, the sales agreement. WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties can include fine, imprisonment, or both. Title 18 U.S. Code Sections 1001 et seq. By signing below, the undersigned acknowledge that each has read, understands and has received a copy of this Amendatory Clause. Date 0812512017 _ Date 9/26/2017 Buyer Eyll525 R2ie.Z_ ✓ 08/25'2017133835 Seller r1// Eulises Perez 729E7A007C88490 Buyer Seller Re4k,stkte RjRk„ (&&ling Firm) CHLV GROUP CalBRE Lic. # 01517692 By . 01145=17202oss Kevin Wang CaIBRE Lic. # 01891517 Date 0812512017 Address 2063 South Atlantic Blvd Suite 2H City Monterey Park State CA Zip 91754 Telephone 626 759-8655 Fax Email kev1nwang1515 _gmall.com R f s�ie trig Firm) Century 21 Allstars CaIBRE Lic.# 65 By Luther Sanchez CaiBRE Lic. # 01226461 Date _ A r s,� ., ele rah Rd. City Pico Rivera State CA Zip 90660 Telephone Fax Email The copyright iaws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this form, or any portion thereof, by photocopy machine or any other means, including facsimile or computerized formats Copyright C 2012, CALIFORNIA ASSOCIATION OF REALTORS®, INC. ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSS1 (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 form is available for use by the entire real estate industry. it Is not Intended to identify the user as a REALTOR@ REALTOR® is a registered wilective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS9 who subscribe to its Code of Ethics. Published and Distributed by: REAL ESTATE BUSINESS SERVICES, INC. w " a subsidiary of the California Association of REALTORSB c 525 South Virgil Avenue. Los Angeles, Ca,iforn a 90020 FVAC 12/16 (PAGE 1 OF 1) Reviewed by:.r� FHANA Amendatory Clause (FVAC PAGE 1 OF 1) _ CHIN G—j; Ina, 2063 S. M4ndc alcd 5411C 2}I 1lunrerec Park, CA 91754 Phone (6261759-8655 Fa. 2915 F 60th PI a Kra in t1',ng i'oduced wllh zip'onrvJ by 2 1 F I een Ab a R,,ad Frase-• Michigan 48026 m&w,,Z.pypa,.. com uuwoiyi envt iuyu iu. iv �u�rr�-ovuu wrffo yoro rworHuru.o� 3 CA L IF O R N I A SELLER COUNTER OFFER No. 1 ASSOC I A -1- I O N May not be used as a multiple counter offer. (C.A.R. Form SCO, 11114) OF REAL -FORS" Date September 18, 2017 This is a counter offer to the: X Purchase Agreement, Buyer Counter Offer No. . or _ Other ("Offer'), dated 09/13/2017 on property known as 2915 E 60th Pl #S, Huntington Park, CA 90255 ("Property"), between Eulises Perez ('Buyer") and Vernon City ("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 or an addendum. 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 Seller Counter offer: X, Addendum No. E 2. EXPIRATION: This Seller Counter Offer shall be deemed revoked and the deposits, if any, shall be returned: A. Unless by 5:00pm on the third Day After the date it is signed in paragraph 4 (if more than one signature then, the last signature date)(or by n AM 71 PM on (date)) (i) it is signed in paragraph 5 by Buyer and (ii) a copy of the signed Seller Counter Offer is personally received by Seller or , who is authorized to receive it. OR B. If Seller withdraws it anytime prior to Acceptance (CAR Form WOO may be used). OR C. If Seller accepts another offer prior to Buyer's Acceptance of this counter offer. 3. MARKETING TO OTHER BUYERS: Seller has the right to continue to offer the Property for sale. Seller has the right to accept any other offer received, prior to Acceptance of this Counter Offer by Buyer as specified in 2A and 5. In such event, Seller is advised to withdraw this Seller Counter Offer before accepting another offer. DocuSi red b 4. OF FE SELLER IU�AKES THIS COUNTER OFFER ON THE TERMS ABOVE AND ACKNOWLEDGES RECEIPT OF A CCppppY. Seller Ga.,�ot Ga.d,;,o Vernon City Date 9�18/2017 - - - -- - — Seller 729E7AOWc8B490 Date 5. ACCEPTANCE: I/WE accept the above Seller Counter Offer (If checked L. SUBJECT TO THE ATTACHED COUNTER OFFER) and acknowledge receipt of a Copy. �✓� 5e5 �ereZ ' Buyer — Eulises Perez Date 09l20/17 Time — — i-1 AM/ PM Buyer Date Time AM/ ; — PM CONF MATION OF ACCEPTANCE: (/ ) (Initials) Confirmation of Acceptance: A Copy of Signed Acceptance was personally received by Seller, or Seller's authorized agent as specified in paragraph 2A on (date) 9-20-17 at 5:50 LIAM/ M. A binding Agreement is created when a Copy of Signed Acceptance is personally received by Seller or Seller's au Crized agent whether or not confirmed in this document. © 2014, California Association of REALTORS®, 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, CONSULTAN APPROPRIATE PROFESSIONAL. Published and Distributed by: N REAL ESTATE BUSINESS SERVICES; INC. a subsidiary of the California Association of REALTORS& 525 South Virgil Avenue, Los Angeles, California 90020 Reviewed by Date SCO 11/14 (PAGE 1 OF 1) SELLER COUNTER OFFER (SCO PAGE 1 OF 1) e- Ccn1ury 21 Allstars, 9155 Telegraph Arc 2nd Floor Pico Rivrra, CA 9U66U Phone. (5h2) 755-9387 Fax (5h2) N63-3275 2915 F. hllth Luther Sanchc, Produced with zipForrn7 by zipl-ogix 18070 Fifteen Mile Road, Fraser. Michigan 48026 www.zioLogix corn uul:uoiyii anveiupt: IU. /--,uucrrc-ouut.l-,+r,+D-uJr D-/,torMuru'foum 4 4%\ CALIFORNIA 4&` ASSOCIATION ®I,r� OF REALTORS'R ADDENDUM (C.A.R. Form ADM, Revised 12/15) No. 9 The following terms and conditions are hereby incorporated in and made a part of the: F, Purchase Agreement, ❑ Residential Lease or Month -to -Month Rental Agreement, C Transfer Disclosure Statement (Note: An amendment to the TDS may give the Buyer a right to rescind), C Other Seller Counter Offer , dated July 18, 2017 on property known as 2915 E 60th PI #S Huntington Park CA 90255 in which Eu ises Perez is referred to as ("Buyer/Tenant") and Vernon City —is referred to as ("Seller/Landlord"). • Sales price to be $325,000 • Escrow to close within 30 days from contract acceptance. If extension is granted beyond this date, Buyer agrees to credit Seller $75 per day for every day past day 30 until the close of escrow, unless delay is caused by Seller. If escrow does not close within this time, unless seller provides an extension, this transaction is automatically cancelled without any further signatures required. • Buyer shall within 7 days after acceptance give escrow holder a completed statement of information • For purposes of time periods in this contract buyers agent is authorized to receive all documents B notices on behalf of the buyer or buyers. • Seller shall provide buyer with a basic Home Warranty plan not to exceed $500 issued by company of sellers choice • The full copy of the Appraisal Report shall be provided to seller upon receipt by buyer. • Should the appraisal value come in lower than the agreed upon sales price, buyers shall pay this difference as additional closin_g funds required. • All contingencies shall be removed in 17 days from date of acceptance automatically without any further signatures being • Buyers deposit shall be a total of $5,000 • Buyers to be responsible for and pay for any lender required repairs • Seller further agrees to indemify, defend and hold Broker harmless from all claims disputes litigation judgments attorney fees and costs arisinq from any incorrect information supplied bV Seller as a result of -gross negligence or willful misconduct only, or from any material facts that Seller knows but falls to disclose." The foregoing terms and conditions are hereby agreed to, and the undersigned acknowledge receipt of a copy of this document. Date 09/20/17 09/20/2017 Buyer/Tenant Ev115tz5 Fer-e.Z 03:33 PM PDT Eulises Perez Buyer/Tenant Date 9/18/2017 DocuSigned by. Seller/Landlord Aa*B490... Seller/Landlord I © 1986-2015, California Association of REALTORS@, Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of this form, or any portion thereof, by photocopy machine or any other means, including facsimile 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 PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORS& It is not intended to identify the user as a REALTOR& REALTORC is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS@ who subscribe to its Code of Ethics. Published and Distributed by: " REAL ESTATE BUSINESS SERVICES, INC. a subsidiary of the California Association of REAL TORSO ` , 525 South Virgil Avenue, Los Angeles, California 90020 F Reviewed by Date rove "uus,ea rnuoaruNm ADM REVISED 12/15 (PAGE 1 OF 1) ADDENDUM (ADM PAGE 1 OF 1) Century 21 .%llsiars, 9155 Telegraph Aye. 2nd Floor Pico Rivera. CA 90660 Phone: (562) 755-9387 Fax: (562) 963-3275 2915 E. 60th Luther Sanchez Produced with zipForm(E) by z,pLogix 18070 Fifteen Mile Road. Fraser.. Michigan 48026 www.ziDLouix.com DocuSign Envelope ID: 85FEB3031D5F-4A9A-A18E-742DCOABgOA5 DocuSign Envelope ID: 7CCOEFFE-8DOD-4F4B-93FB-746FADF046CA CAL I F O R N I A DISCLOSURE REGARDING ASSOCIATION REAL ESTATE AGENCY RELATIONSHIP _� OF R E A L T O R S' (Selling Firm to Buyer) ' (As required by the Civil Code) (CA.R. Form AD, Revised 12114) -1 (If checked) This form is being provided in connection with a transaction for a leasehold interest exceeding one year as per Civil Code section 2079.13(k) and (m). When you enter into a discussion with a real estate agent regarding a real estate transaction, you should from the outset understand what type of agency relationship or representation you wish to have with the agent in the transaction. SELLER'S AGENT A Seller's agent under a listing agreement with the Seller ads as the agent for the Seller only. A Seller's agent or a subagent of that agent has the following affirmative obligations: To the Seller: A Fiduciary duly of utmost care, integrity, honesty and loyalty in dealings with the Seller, To the Buyer and the Seller. (a)Diligent exercise of reasonable skill and care in performance of the agent's duties. (b)A duty of honest and fair dealing and good faith. (c)A duty to disclose all facts known to the agent materially affecting the value or desirability of the property that are not known to, or within the diligent attention and observation of, the parties. An agent is not obligated to reveal to either party any confidential information obtained from the other party that does not involve the affirmative duties set forth above. BUYER'S AGENT A selling agent can, with a Buyer's consent, agree to ad as agent for the Buyer only. In these situations, the agent is not the Seller's agent, even if by agreement the agent may receive compensation for services rendered, either in full or in part from the Seller. An agent acting only for a Buyer has the following affirmative obligations: To the Buyer: A fiduciary duty of utmost care, integrity, honesty and loyalty in dealings with the Buyer. To the Buyer and the Seller: (a)Diligent exercise of reasonable skill and care in performance of the agent's duties. (b)A duty of honest and fair dealing and goad faith. (c)A duty to disclose all facts known to the agent materially affecting the value or desirability of the property that are not known to, or within the diligent attention and observation of, the parties. An agent is not obligated to reveal to either parry any confidential information obtained from the other party that does not Involve the affirmative duties set forth above. AGENT REPRESENTING BOTH SELLER AND BUYER A real estate agent, either acting directly or through one or more associate licensees, can legally be the agent of both the Seller and the Buyer in a transaction, but only with the knowledge and consent of both the Seller and the Buyer. In a dual agency situation, the agent has the following affirmative obligations to both the Seller and the Buyer: (a)A fiduciary duty of utmost care, integrity, honesty and loyalty in the dealings with either the Seller or the Buyer. (b)Other duties to the Seller and the Buyer as stated above in their respective sections. In representing both Seller and Buyer, the agent may not, without the express permission of the respective parry, disclose to the other party that the Seller will accept a price less than the listing price or that the Buyer will pay a price greater than the price offered. The above duties of the agent in a real estate transaction do not relieve a Seller or Buyer from the responsibility to protect his or her own interests. You should carefully read all agreements to assure that they adequately express your understanding or the transaction. A real estate agent is a person qualified to advise about real estate. If legal or tax advice is desired, consult a competent professional. Throughout your real property transaction you may receive more than one disclosure form, depending upon the number of agents assisting In the transaction. The law requires each agent with wham you have more than a casual relationship to present you with this disclosure form. You should read Its contents each fime It is presented to you, considering the relationship between you and the real estate agent in your specific transaction. This disclosure form includes the provisions of Sections 2079.13 to 2079.24, inclusive, of the Civil Code set forth on page 2. Read it carefully. I/WE ACKNOWLEDGE RECEIPT OF A COPY OF THIS DISCLOSURE AND THE PORTIONS OF THE CIVIL CODE PRINTED ON THE BACK (OR A SEPA n— P49E). X Buyer ❑ Seller ❑ Landlord❑Tenant 1....Vll$2$ 2(Q.Z 01�°01133t? Date 08/25/2017 Eullses P.rvi Buyer ❑ Seller ❑ Landlord r' Tenant Date Agent CHLV GROUP BRE Lic. # 01517692 . el Estate Broker M"! By Uw Ly'— IA.i G.v1L 1za.mso BRE Lic. # 01891117 Date OV2512017 Salesperson or Broker -Associate) Kevin Wan Agency Disclosure Compliance (Civil Code §2079.14): . When the Iisang brokerage company also represents Buyer/Tenant: The Listing Agent shall have one AD form signed by Seller/Landlord and a different AD form signed by Buyer/Tenant. . When Seller/Landlord and Buyerrrenant are represented by different brokerage companies: (i) the Listing Agent shall have one AD form signed by bynd (@) the Buyeesrrenanl's Agent shall have one AD form signed by Buyerrrenanl and either that same or a different AD farm presprit�d to Se r/Landlord for signaturepz r13pintl nla8on of the offer. If the same form is used, Seller may sign here-._ 1 3 II I r 1C8Ba90... Data Se0er1L ndlord Date mpyngm lewd or ine un.tea bates I i fle if u.b. uaae) faia we unauthorized reproduction of Ihis form. or any portion theaof by phol—py machine or any other means. Including fact -as or oomputerized formats. Copyright 01991-2010, CALIFORNIA ASSOCIATION OF REALTORS®, INC. Reviewed by_ Data ALL RIGHTS RESERVED. AD REVISED 12114 (PAGE 1 OF 2) """ ` DISCLOSURE REGARDING REAL ESTATE AGENCY RELATIONSHIP (AD PAC-F I FIF 9% CRL1'Gr lasIM aAllends aha Salle III .—I hh, CA 111. Photo(616nsaa666 F. 29is E6ele Pla6, terra Prn6ure,l weir HnFom6U by Hpleels I —I Fal— M W Road F.ascr, Allchl9an 4—s rw.w DocuSign Envelope ID: 85FEB303-1D5F-4A9A-A18E-742DCOAB9OA5 DocuSign Envelope ID: 7CCOEFFE-8DOD-4F4B-93FB-746FAD F048CA CIVIL CODE SECTIONS 2079.24 (2079.16 APPEARS ON THE FRONT) 2079.13 As used in Sections 2079.14 to 2079.24, inclusive, the following terms have the following meanings: (a) "Agent" means a person acting under provisions of Title 9 (commencing with Section 2295) in a real property transaction, and includes a person who is licensed as a real estate broker under Chapter 3 (commencing with Section 10130) of Part 1 of Division 4 of the Business and Professions Code, and under whose license a listing is executed or an offer to purchase is obtained. (b) 'Associate licensee' means a person who is licensed as a real estate broker or salesperson under Chapter 3 (commencing with Section 10130) of Part 1 of Division 4 of the Business and Professions Code and who is either licensed under a broker or has entered into a written contract with a broker to act as the broker's agent In connection with acts requiring a real estate license and to function under the broker's supervision in the capacity of an associate licensee. The agent in the real property transaction bears responsibility for his or her associate licensees who perform as agents of the agent When an associate licensee owes a duty to any principal, or to any buyer or seller who is not a principal, in a real property transaction, that duty is equivalent to the duty owed to that party by the broker for whom the associate licensee functions. (c) "Buyer" means a transferee in a real property transaction, and includes a person who executes an offer to purchase real property from a seller through an agent, or who seeks the services of an agent in more than a casual, transitory, or preliminary manner, with the object of entering into a real property transaction. "Buyer" includes vendee or lessee. (d) -Commercial real property" means all real property in the state, except single-family residential real property, dwelling units made subject to Chapter 2 lcommencing with Section 1940) of Title 5, mobilehomes, as defined in Section 798.3, or recreational vehicles, as defined in Section 799.29. (a) "Dual agent" means an agent acting, either directly or through an associate licensee, as agent for both the seller and the buyer in a real property transaction. (f) "Listing agreement" means a contract between an owner of real property and an agent, by which the agent has been authorized to sell the real property or to find or obtain a buyer. (g) "Listing agent" means a person who has obtained a listing of real property to act as an agent for compensation. (h) "Listing price" is the amount expressed in dollars specified In the listing for which the seller is willing to sell the real property through the listing agent. (1) "Offering price" is the amount expressed in dollars specified in an offer to purchase for which the buyer is willing to buy the real property. 0) "Offer to purchase" means a written contract executed by a buyer acting through a selling agent that becomes the contract for the sale of the real property upon acceptance by the seller. (k) "Real property" means any estate specified by subdivision (1) or (2) of Section 761 in property that constitutes or is improved with one to four dwelling units, any commercial real property, any leasehold in these types of property exceeding one year's duration, and mobilehomes, when offered for sale or sold through an agent pursuant to the authority contained it Section 10131.6 of the Business and Professions Code. (1) "Real property transaction' means a transaction for the sale of real property in which an agent is employed by one or more of the principals to act in that transaction, and Includes a listing or an offer to purchase. (m) "Sell," 'sale," or "sold" refers to a transaction for the transfer of real property from the seller to the buyer, and includes exchanges of real property between the seller and buyer, transactions for the creation of a real property sales contract within the meaning of Section 2985, and transactions for the creation of a leasehold exceeding one year's duration. (n) "Seller" means the transferor in a real property transaction, and includes an owner who lists real property with an agent, whether or not a transfer results, or who receives an offer to purchase real property of which he or she is the owner from an agent on behalf of another. "Seller" includes both a vendor and a lessor. (o) "Selling agent" means a listing agent who acts alone, or an agent who acts in cooperation with a listing agent, and who sells or finds and obtains a buyer for the real property, or an agent who locates property for a buyer or who finds a buyer for a property for which no listing exists and presents an offer to purchase to the seller. (p) "Subagent" means a person to whom an agent delegates agency powers as provided in Article 5 (commencing with Section 2349) of Chapter 1 of Title 9. However, "subagent" does not include an associate licensee who is acting under the supervision of an agent in a real property transaction. 2079.14 Listing agents and selling agents shall provide the seller and buyer in a real property transaction with a copy of the disclosure form specified in Section 2079.16. and, except as provided in subdivision (c), shall obtain a signed acknowledgement of receipt from that seller or buyer, except as provided in this section or Section 2079.15, as follows: (a) The listing agent, 'f any, shall provide the disclosure form to the seller prior to entering into the listing agreement. (b) The selling agent shag provide the disclosure form to the seller as soon as practicable prior to presenting the seller with an offer to purchase, unless the selling agent previously provided the seller with a copy of the disclosure form pursuant to subdivision (a). (c) Where the selling agent does not deal on a face-to-face basis with the seller, the disclosure form prepared by the selling agent may be fumished to the seller (and acknowledgement of receipt obtained for the selling agent from the seller) by the listing agent, or the selling agent may deliver the disclosure forth by certified mail addressed to the seller at his or her last known address, in which case no signed acknowledgement of receipt Is required. (d) The selling agent shall provide the disclosure form to the buyer as soon as practicable prior to execution of the buyer's offer to purchase, except that if the offer to purchase is not prepared by the selling agent, the selling agent shall present the disclosure form to the buyer not later than the next business day after the selling agent receives the offer to purchase from the buyer. 2079.15 In any circumstance in which the seller or buyer refuses to sign an acknowledgement of receipt pursuant to Section 2079.14, the agent, or an associate licensee acting for an agent, shall set forth, sign, and date a written declaration of the facts of the refusal. 2079.16 Reproduced on Page 1 of this AD form. 2079.17 (a) As soon as practicable, the selling agent shall disclose to the buyer and seller whether the selling agent is acting in the real property transaction exclusively as the buyers agent, exclusively as the seller's agent, or as a dual agent representing both the buyer and the seller. This relationship shall be confirmed in the contract to purchase and sell real property or in a separate writing executed or acknowledged by the seller, the buyer, and the selling agent prior to or coincident with execution of that contract by the buyer and the seller, respectively. (b) As soon as practicable, the listing agent shall disclose to the seller whether the listing agent is acting in the real property transaction exclusively as the sellers agent, or as a dual agent representing both the buyer and seller. This relationship shall be confirmed in the contract to purchase and sell real property or in a separate writing executed or acknowledged by the seller and the listing agent prior to or coincident with the execution of that contract by the seller. (c) The confirmation required by subdivisions (a) and (b) shall be in the following form. (DO NOT COMPLETE. SAMPLE ONLY) is the agent of (check one): ❑ the seller exclusively; or 0 both the buyer and seller. (Name of Listing Agent) (DO NOT COMPLETE. SAMPLE ONLY) is the agent of (check one): ❑ the buyer exclusively; or ❑ the seller exclusively; or (Name of Selling Agent if not the same as the Listing Agent) both the buyer and seller. (d) The disclosures and confirmation required by this section shall be in addition to the disclosure required by Section 2079.14. 2079.18 No selling agent in a real property transaction may act as an agent for the buyer only, when the selling agent is also acting as the listing agent in the transaction. 2079.19 The payment of compensation or the obligation to pay compensation to an agent by the seller or buyer is not necessarily determinative of a particular agency relationship between an agent and the seller or buyer. A listing agent and a selling agent may agree to share any compensation or commission paid, or any right to any compensation or commission for which an obligation arises as the result of a real estate transaction, and the terms of any such agreement shall not necessarily be determinative of a particular relationship. 2079.20 Nothing in this article prevents an agent from selecting, as a condition of the agent's employment, a specific form of agency relationship not specifically prohibited by this article if the requirements of Section 2079.14 and Section 2079.17 are complied with. 2079.21 A dual agent shall not disclose to the buyer that the seller is willing to sell the property at a price less than the listing price, without the express written consent of the seller. A dual agent shall not disclose to the seller that the buyer is willing to pay a price greater than the offering price, without the express written consent of the buyer. This section does not alter in any way the duty or responsibility of a dual agent to any principal with respect to confidential information other than price. 2079.22 Nothing in this article precludes a listing agent from also being a selling agent, and the combination of these functions in one agent does not, of itself, make that agent a dual agent. 2079.23 A contract between the principal and agent may be modified or altered to change the agency relationship at any time before the performance of the act which is the object of the agency with the written consent of the parties to the agency relationship. 2079.24 Nothing in this article shall be construed to either diminish the duty of disclosure owed buyers and sellers by agents and their associate licensees, subagents, and employees or to relieve agents and their associate licensees, subagents, and employees from liability for their conduct in connection with acts governed by this article or for any breach of a fiduciary duty or a duty of disclosure. t PuAL Eetl and Dlstnbuted by: a REAL ESTATE BUSINESS SERVICES, INC. a subsidiiary of the California Association of REAL TORSO Raviewed by _ Dale c .525 South Virgil Avenue, Los Angeles, California 90020 AD REVISED 12114 (PAGE 2 OF 2) owaan"rtr DISCLOSURE REGARDING REAL ESTATE AGENCY RELATIONSHIP (AD PAGE 2 OF 2) Produced wth zipFormt by zipl-ogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www zio ooix carn 2915 E 60th PI p vv�.0 7;yi cnvewNr iv %,t crrr_ 0LJU1 `rr40-ooro r arnuruyoc,m ,- \ C; ALIFORNIA POSSIBLE REPRESENTATION OF MORE THAN ONE BUYER ASSOCIATION OR SELLER - DISCLOSURE AND CONSENT 9Fi OF R E A L T O R S" (C.A.R. Form PRBS, 11/14) A real estate broker (Broker), whether a corporation, partnership or sole proprietorship, may represent more than one buyer or seller. This multiple representation can occur through an individual licensed as a broker or salesperson or through different individual broker's or salespersons (associate licensees) acting under the Broker's license. The associate licensees may be working out of the same or different office locations. Multiple Buyers: Broker (individually or through its associate licensees) may be working with many prospective buyers at the same time. These prospective buyers may have an interest in, and make offers on, the same properties. Some of these properties may be listed with Broker and some may not. Broker will not limit or restrict any particular buyer from making an offer on any particular property whether or not Broker represents other buyers interested in the same property. Multiple Sellers: Broker (individually or through its associate licensees) may have listings on many properties at the same time. As a result, Broker will attempt to find buyers for each of those listed properties. Some listed properties may appeal to the same prospective buyers. Some properties may attract more prospective buyers than others. Some of these prospective buyers may be represented by Broker and some may not. Broker will market all listed properties to all prospective buyers whether or not Broker has another or other listed properties that may appeal to the same prospective buyers. Dual Agency: If Seller is represented by Broker, Seller acknowledges that broker may represent prospective buyers of Seller's property and consents to Broker acting as a dual agent for both seller and buyer in that transaction. If Buyer is represented by Broker, buyer acknowledges that Broker may represent sellers of property that Buyer is interested in acquiring and consents to Broker acting as a dual agent for both buyer and seller with regard to that property. In the event of dual agency, seller and buyer agree that: (a) Broker, without the prior written consent of the Buyer, will not disclose to seller that the Buyer is willing to pay a price greater than the offered price; (b) Broker, without the prior written consent of the seller, will not disclose to the buyer that seller is willing to sell property at a price less than the listing price; and (c) other than as set forth in (a) and (b) above, a dual agent is obligated to disclose known facts materially affecting the value or desirability of the property to both parties. Offers not necessarily confidential: 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. 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. Buyer and seller understand that Broker may represent more than one buyer or more than one seller and even both buyer and seller on the same transaction and consents to such relationships. Seller and/or Buyer acknowledges reading and understanding this Possible Representation of More Than One Buyer oy_Sgjj"flrapjpclosure and Consent and agrees to the agency possibilities disclosed. Seller Seiler Buyer Buyer Re By a 21 Allstars 0e/252017 13 31121 Date 9/26/2017 Date Eulises Perez Date 0812512017 Date CaIBRE Lic # 01280965 Date 10/3/2017 CaIBRE Lic # 01226461 _ Date 10 3 2017 Real Estate Broker (Fi m) CHLV GROUP CaIBRE Lic # 01517692 Date 0812512017 BY rQ 1t (_ G. yi,4 ' 08/25/2017 20:20:50 CalBRE Lic # 01891517 Date 0812512017 Kevin Wang ® 2014, California Association of REALTORSC9, Inc United States copyright law (Title 17 U S Code) forbids the unauthonzed distribution, display and reproducton of this form. or any portion thereof, by photocopy machine or any other means, including facsim le 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 PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE CONSULT AN APPROPRIATE PROFESSIONAL. This forth is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORSE) t is not intended to identify the user as a REALTORS REALTORS is a registered co lective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORSO who subscribe to its Code of Ethics Published and Distrbuted by REAL ESTATE BUSINESS SERVICES, INC a subsidiaryof the California A socialion ofREALTO.RS® 525 South Virgil Avenue Los Angeles, California 90020 PRBS 11114 (PAGE 1 OF 1) POSSIBLE REPRESENTATION OF CHING—p In,, 20635. Atli .i, tit, d Suite 211 Ml terc. N. k, CA 91754 K-1. Nang P duced with z pFor h Reviewed by Date MORE THAN ONE BUYER OR SELLER S PAGE 1 OF 1 Phone: 1626)759.8655 Fax 29In F Oil. in X x 1 0 0 Fifteen At e R F rdirhi0ar,18026 y&yL21PLQgy-enm -n cl,vd VQ Jt! iv riar:.,crrc ouv,-"r4D'OJrci iYormwru`toum A` C A L I F O R N 1 A POSSIBLE REPRESENTATION OF MORE THAN ONE BUYER ASSOCIATION OR SELLER - DISCLOSURE AND CONSENT "kik "WAS OF R E A L T O R S" (CAR. Form PRBS,11/14) A real estate broker (Broker), whether a corporation, partnership or sole proprietorship, may represent more than one buyer or seller. This multiple representation can occur through an individual licensed as a broker or salesperson or through different individual broker's or salespersons (associate licensees) acting under the Broker's license. The associate licensees may be working out of the same or different office locations. Multiple Buyers: Broker (individually or through its associate licensees) may be working with many prospective buyers at the same time. These prospective buyers may have an interest in, and make offers on, the same properties. Some of these properties may be listed with Broker and some may not. Broker will not limit or restrict any particular buyer from making an offer on any particular property whether or not Broker represents other buyers interested in the same property. Multiple Sellers: Broker (individually or through its associate licensees) may have listings on many properties at the same time. As a result, Broker will attempt to find buyers for each of those listed properties. Some listed properties may appeal to the same prospective buyers. Some properties may attract more prospective buyers than others. Some of these prospective buyers may be represented by Broker and some may not. Broker will market all listed properties to all prospective buyers whether or not Broker has another or other listed properties that may appeal to the same prospective buyers. Dual Agency: If Seiler is represented by Broker, Seller acknowledges that broker may represent prospective buyers of Seller's property and consents to Broker acting as a dual agent for both seller and buyer in that transaction. If Buyer is represented by Broker, buyer acknowledges that Broker may represent sellers of property that Buyer is interested in acquiring and consents to Broker acting as a dual agent for both buyer and seller with regard to that property. In the event of dual agency, seller and buyer agree that: (a) Broker, without the prior written consent of the Buyer, will not disclose to seller that the Buyer is willing to pay a price greater than the offered price; (b) Broker, without the prior written consent of the seller, will not disclose to the buyer that seller is willing to sell property at a price less than the listing price; and (c) other than as set forth in (a) and (b) above, a dual agent is obligated to disclose known facts materially affecting the value or desirability of the property to both parties. Offers not necessarily confidential: 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. 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. Buyer and seller understand that Broker may represent more than one buyer or more than one seller and even both buyer and seller on the same transaction and consents to such relationships. Seller and/or Buyer acknowledges reading and understanding this Possible Representation of More Than One Buyer o gdE"Ji inAasclosure and Consent and agrees to the agency possibilities disclosed. Seller Date 9/26/2017 Seller Date Buyer Buyer Rea By 08re2017 13 3e 21 Date 0812512017 Date CalBRE Lic # 01280965 _ Date 10/3/2017 CalBRE Lic # 01226461 Date 10 3 017 Real Estate Broker (Fi m) CHLV GROUP CaIBRE Lic # 01517692 Date 0812512017 By �V j wV j�yt,,C, 08/25/2017 20:20:50 CalBRE Lic # 01891517 Date 0812512017 Wang O 2014, California Association of REALTORS@, Inc United States copyright law (Title 17 U S Code) forbids the unauthorized distribution, display and reproduction of this form. or any portion thereof, by photocopy machine or any other means, including facsim le 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 PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE CONSULT AN APPROPRIATE PROFESSIONAL. This forth is made available to real estate professionals through an agreement with or purchase from the California Association or REALTORSO it is not intended to identify the user as a REALTORS REALTORS is a registered coieclive membership marts which may be used only by members of the NATIONAL ASSOCIATION OF REALTORSO who subscribe to its Code of Ethics Published and Distributed by REAL ESTATE BUSINESS SERVICES, INC " a subsidiary of the Cahtorma Association of REAL TORS® 525 South Virgil Avenue Los Angeles, California 90020 Reviewed by Date PRBS 11114 (PAGE 1 OF 1) _ POSSIBLE REPRESENTATION OF MORE THAN ONE BUYER OR SELLER (PRBS Cfll.\' Gruuy Inq i06J S. wt4ntic aHd Suitc III \hint-- P-k, CA 91734 Phone: 1626)759•e695 Fax Kuvtn Wang P .duced with zpFor h x 1 0 0 Fifteen M, a R F tlichigan 43026 y0NYLtaUg.11.g'30 tt� wrnaru«,- PAGE 1 OF 1) 2915 F 6016 PI e UUCUJIyrt C11vtiUf./C IV. /li l�UCrr C'OU UU'YrYD-yJr O-/YOrHV(-UYOI�H 4=� CALIFORNIA � ASSOCIATION 101 I�1• OF: tit A t_Tc>Iis "' WIRE FRAUD ADVISORY (C.A.R. Form WFA, 6/16) Property Address: 2915 E 60th PI #S, Huntington Park, CA 90255 WIRE FRAUD ADVISORY: ("Property"). The ability to communicate and conduct business electronically is a convenience and reality in nearly all parts of our lives. At the same time, it has provided hackers and scammers new opportunities for their criminal activity. Many businesses have been victimized and the real estate business is no exception. While wiring funds is a welcome convenience, buyers and sellers need to exercise extreme caution. Emails attempting to induce fraudulent wire transfers have been received and have appeared to be legitimate. Reports indicate that some hackers have been able to intercept emailed wire transfer instructions, obtain account information and, by altering some of the data, redirect the funds to a different account. It also appears that some hackers were able to provide false phone numbers for verifying the wiring instructions. In those cases, the buyers called the number provided, to confirm the instructions, and then unwittingly authorized a transfer to somewhere other than escrow. Sellers have also had their sales proceeds taken through similar schemes. ACCORDINGLY, BUYERS AND SELLERS ARE ADVISED: 1. Obtain the phone number of the Escrow Officer at the beginning of the transaction. 2. DO NOT EVER WIRE FUNDS PRIOR TO CALLING YOUR ESCROW OFFICER TO CONFIRM WIRE INSTRUCTIONS. ONLY USE A PHONE NUMBER YOU WERE PROVIDED PREVIOUSLY. Do not use any different phone number included in the emailed wire transfer instructions. 3.Orally confirm the wire transfer instruction is legitimate and confirm the bank routing number, account numbers and other codes before taking steps to transfer the funds. 4. Avoid sending personal information in emails or texts. Provide such information in person or over the telephone directly to the Escrow Officer. 5. Take steps to secure the system you are using with your email account. These steps include creating strong passwords, using secure WiFi, and not using free services. If you believe you have received questionable or suspicious wire instructions, immediately notify your bank, the Escrow Holder and your real estate agent. The sources below, as well as others, can also provide information: Federal Bureau of Investigation: https://www.fbi.gov/ National White Collar Crime Center: http://www.nw3c.org/ On Guard Online: https://www.onguardonline.gov/ By signing below, the undersigned acknowledge that each has read, understands and has received a copy o Wire Fraud Advisory. SiGK O Buyer v��5es er�Z 08/2512017 13-38 21 Eulises PerezDate 0812512017 Buyer �oocuSiuned b9: Date Seller Seller Date 9/26/2017 Date © 2016, California Association of REALTORSO, Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of this form, or any 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 PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from C.A.R. It is not intended to identify the user as a REALTOR®. REALTOR® is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS@) who subscribe to its Code of Ethics. Published and Distributed by REAL ESTATE BUSINESS SERVICES, INC " a subsidiary of the California Association of REAL TORSO 525 South Virgil Avenue, Los Angeles. California 90020 Reviewed by _ WFA 6/16 (PAGE 1 OF 1) WIRE FRAUD ADVISORY (WFA PAGE 1 OF 1) Of La' Group Inc. 2063 S. Atlantic Blvd Suite 2If Monte— Perk. CA 91754 Phone. 16261759-8655 Fax. 2915 E 60th PI4 Kevin wan, Produced with zipForm&• by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www,zipLouix.com DocuSign Envelope ID: SA48327B-C8B2-4CFB-9D70-B01C352AOB97 j- 41L C,.AI_ I F 0 R N I A = A S S O C I .A i I o N EXTENSION OF TIME ADDENDUM �� O IF R F. A L r O R S` (C.A.R. Form ETA, Revised 4/06) The following terms and conditions are hereby incorporated in and made a part of the: C California Residential Purchase Agreement, El manufactured Home Purchase Agreement, _J Probate Purchase Agreement, Residential Income Property Purchase Agreement, ] Vacant Land Purchase Agreement, ❑ Commercial Property Purchase Agreement, ❑ Business Purchase Agreement, j] other _ dated ("Buyer") and is referred to as ("Seller"). , on property known as Eulises Perez ("Agreement'), 2915 E 60th PI #S, Huntington Park, CA 90255 ("Property"), in which is referred to as 1. EXTENSION OF ESCROW: The scheduled Close Of Escrow is extended to November 17, 2017 (Date). 2. EXTENSION OF CONTINGENCY(IES): The following contingency(ies), if checked, is/are extended to (Date) Fj Buyer Investigation of Property Condition Loan ❑ Other 3. OTHER EXTENSION(S): The time for 4. ADDITIONAL TERMS: Buver will not incur a is/are extended to diem fees for extension (Date). By signing below, Buyer and Seller acknowledge that each has read, understands, and received a copy of and agrees to the terms of this Extension of Time Addendum. Buyer Eufises Perez Eulises Perez Buyer DocuSigned by: Seller 6 729E7AOr.1B490_. Seller 11/02/201712:16:01 Date 1110212017 Date Date 11/3/2017 Date The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this form, or any portion thereof. by photocopy machine or any other means, including facsimile or computerized formats. Copyright© 2004-2006, CALIFORNIA ASSOCIATION OF REALTORSOn, INC. ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSC (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 form is available for use by the entire real estate industry. It is not intended to identify the user as a REALTORC. REALTORC is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORSC who subscribe to its Code of Ethics. Published and Distributed by: REAL ESTATE BUSINESS SERVICES, INC. " a subsidiary of the California Association of REAL TORSO r 525 South Virgil Avenue, Los Angeles. California 90020 Reviewed by Date ETA REVISED 4/06 (PAGE 1 OF 1) � " U11 v EXTENSION OF TIME ADDENDUM (ETA PAGE 1 OF 1) CHIN Group Inc 21163 S. Atlanlic Blvd Suite 211 Monte— Park. GS 91754 Phone 16261759-8655 Fax 2915 F. 60th PI 9 S. Krvin \Nang Produced with zipFormG by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 ML- ziol-oaix. com DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 12631 E Imperial Highway / tc Building "A" Suite "215" y�,�� Santa Fe Springs, CA 90670 Tel: 949-954-6571 Escrow Servi e, Inc. Fax: 949-954-6575 AMENDED ESCROW INSTRUCTIONS Date: November 6, 2017 Escrow No, 5044-LA Re: 2915 East 60th Place #S, Huntington Park, CA 90255 To: Concierge Escrow Service, Inc. - Letty Ascencio 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: Eulises A Perez, 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, if applicable. Buyer and Seller herein agree and instruct Escrow Holder that the closing of this escrow is hereby amended to be on or before the following date: November 17, 2017 Buyer will not incur any per diem fees for extension. 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 same. All parties signing this instruction acknowledge receipt of a copy of same. END OF AMENDMENT SELLER: City of Vernon DocuSigned by: C..�os F.,n.Gno By: Carlos PnaE7Axtbaai=d Signer BUYER Eul es A erez DocuSign Envelope ID: 1 B7E45C9-7C96-41 9D-8720-EOD3F7689645 12631 E Imperial Highway V. Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Escrow Servrte, Inc. Fax: 949-954-6575 SUPPLEMENTAL INSTRUCTIONS & GENERAL PROVISIONS TO. Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow Officer: Lettv Ascencio Escrow Number: 5044-LA CONCIERGE ESCROW SERVICE, INC. IS LICENSED AS AN ESCROW AGENT BY THE DEPARTMENT OF BUSINESS OVERSIGHT OF THE STATE OF CALIFORNIA, LICENSE # 96DBO72260. TERMS OF TRANSACTION Buyer has or will deposit with Escrow Buyer will deposit prior to close of Escrow Buyer to Obtain a New I" Trust Deed in the amount of TOTAL CONSIDERATION LEGAL DESCRIPTION See Exhibit "A" attached hereto and made part hereof. PROPERTY ADDRESS: 2915 East 60th Place #S Huntington Park, CA 90255 TITLE ON GRANT DEED SHALL BE CONVEYED TO: Eulises A Perez, a single man 5.000.00 5,000.00 315,000.00 .00 INSTRUCTIONS/COUNTERS/SUPPLEMENTS/ADDENDU.MS: Escrow Holders responsibility is limited to the items listed in Paragraph 20 of the Residential Purchase Agreement and Joint Escrow Instructions dated August 25, 2017 AND ALSO the items listed hereinbelow on the following documents: Addendum No. 1. Of the Purchase Agreement Paragraph(s) 1-D of the seller counter offer No. 1. Addendum No. 1. Of the Seller Counter Offer To the extent these instructions are inconsistent or conflict with the Residential Purchase Agreement and Joint Escrow Instructions, these instructions will control as to the duties and obligations of Escrow Holder only. DEPOSIT RECEIPT: The Deposit Receipt dated September 25, 2017 is hereby acknowledged to be made a part of this agreement and the Buyer and Seller agree to be bound by the terms and conditions contained thereon. DEPOSIT OF CLOSING FUNDS: Pursuant to Federal Regulations and the California Insurance Code, all funds deposited for close of escrow by parties hereto MUST be in one of the following forms: 1) Direct electronic "wire" transfer into escrow trust account for amounts of $1,000.00 or more (please contact Escrow Holder for wiring instructions). Bank charges for wire transfers shall be paid by the party for whose benefit the wire transfer is made. FUNDING THE NEW LOAN: If lender issues loan funds other than by wire transfer, they may not be immediately available for distribution. This may result in a delay in the close of escrow unless all parties hereto sign a written authorization for the title company instructing that this escrow be closed and disbursement of funds withheld until they become available. All parties herein release and hold harmless Escrow Holder and Title Company from any and all liability and or responsibility as it relates to any additional interest, costs and or penalties which may be incurred as a result of same. ADDITIONAL TERMS, CONDITIONS AND INSTRUCTIONS: os BUYERS INITIALS SELLERS INITIAL _ CF Page / DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA A) RESTATED ITEMS: The following items are restated for clarification purposes only: The following is restated from the California Residential Purchase Agreement and Joint Escrow Instructions dated August 25, 2017: NATURAL HAZARD DISCLOSURE REPORT: Buyer to be provided a natural hazard disclosure report for the benefit of the Buyer. Sole responsibility is to debit the respective party at the close, per billing submitted herein. The invoice for the same shall be paid from funds due the seller. ENVIRONMENTAL HAZARD DISCLOSURE REPORT: Buyer to be provided a environmental hazard disclosure report for the benefit of the Buyer. Sole responsibility is to debit the respective party at the close, per billing submitted herein. The invoice for the same shall be paid from funds due the seller. STRUCTURAL PEST CONTROL REPORT AND CLEARANCE: Seller hereby agrees to furnish a structural pest control report and clearance on the subject property, issued by a licensed pest inspector, showing no visible evidence or signs of dry rot, fungi, or termite infestation in accessible areas. Section I, as referred to in the Purchase Agreement shall be paid by Seller, Section 2 shall be at the expense of Buyer. Parties are advised to refer to the Real Estate Purchase Agreement for full particulars thereof. It is understood that escrow is not to be responsible for ordering said report nor for the contents of said report, nor for the accuracy of any work, or the cost thereof, to be done in connection therewith. HUNTINGTON PARK CITY REPORT: Seller to provide Buyer with Huntington Park Pre -Sale Inspection Report at a cost of $165.00. Seller agrees to complete form and deliver original applications to the city of Huntington Park, prior to close of escrow and further to obtain "Certificate" prior to close of escrow. Escrow Holder to deliver Huntington Park Pre -Sale Report and copy of "Certificate" to Buyer at close of escrow. HOME PROTECTION PLAN: Buyer to be provided a one (1) year Home Protection Plan from Old Republic Home Protection for the benefit of the Buyer. Escrow Holder is NOT responsible for ordering the plan, nor for the contents thereof during or after the close of escrow. Your sole responsibility is to debit the respective party at close, per billing submitted herein, and hand the plan to Buyer at close. The invoice for same shall not exceed $500.00 and shall be paid from funds due the seller, HOMEOWNERS ASSOCIATION AND/OR CLUB DUES: Buyer has been made aware that there are homeowner's association and/or club dues affecting subject property that are mandatory and will be prorated at closing. Seller agrees to keep all dues current during escrow. Seller is to furnish escrow holder with all pertinent information regarding the above dues, and escrow holder shall verify same prior to closing. Buyer agrees to deposit the reserve fees, if any, prior to close, which you are to transfer from seller to buyer and debit/credit parties accordingly; debit buyer/seller one half each for any move in/move out fees, debit seller at closing for any payments and/or monies due; debit buyer and pay at closing for the following month's dues. The transfer fee is to be paid by the seller at close of escrow. If applicable PERSONAL PROPERTY: The following items of personal property, free of liens and without warranty of condition are included in the purchase price and shall convey to Buyer at closing: all stoves, dishwasher and rangehood. Parties acknowledge that no monetary value is given to said items in regard to the purchase price. PER DIEM: If extension is granted beyond October 26, 2017, Buyer agrees to credit Seller S75 per day for every day past day 30 until the close of escrow, unless delay is caused by Seller. HOLD HARMLESS: Seller further agrees to indemnify, defend and hold Broker harmless from all claims , disputes, litigation, judgments, attorney fees and costs arising from any incorrect information supplied by Seller as a result of gross negligence or willful misconduct only, or from any material facts that Seller knows but fails to disclose. TRANSACTION COORDINATOR: Sole responsibility is to debit respective party at the close, per billing submitted herein. The invoice for the same shall be paid from funds due the Seller not to exceed $275.00. BUYERS INITIALS Page 2 DS SELLERS INITIAL -IF F DocuSign Envelope ID: 1B7E45C9-7C96-4190-8720-EOD3F7689645 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA B) CHANGES, SUPPLEMENTS AND/OR ADDITIONS: FURTHER, NOTWITHSTANDING ANY PROVISIONS CONTAINED TO THE CONTRARY IN THE REAL ESTATE PURCHASE CONTRACT AND ANY COUNTER OFFERS, ADDENDUMS OR SUPPLEMENTS THERETO, the following provisions are changed, supplemented and/or added: ARCHIVE ADI%IFNSTRATION FEE: Parties hereto are aware that Escrow Holder. is charging a mandatory archive administration fee which is utilized to store the entire escrow file for the 5 years tern as mandated by the Department of Oversight. BUYER/SELLER CLOSING COST: Seller herein agrees to pay the following fees and charges through escrow including but not limited to recording fees, notary fees, wire transfer fees. Owner's Policy of title insurance, escrow fees, documents preparation fees, County City transfer tax, Federal Express and/or delivery fees, courier fees, fax fees, commissions, property disclosure reports and any and all additional fees and/or charges as may be a result of this transaction and obtaining the necessary documentation to complete same. All parties herein are aware that the Seller may or may not be paying and escrow fee that is less than our customary fee t the close of escrow. Buyer herein agrees to pay the following fees and charges through escrow, including but not limited to recording fees, notary fees, lenders ALTA Policy of title insurance, lenders fees as required, Federal Express and/or delivery fees, courier fees, wire transfer fees, escrow fees, documents preparation fee and any and all additional fees and/or charges as may be a result of this transaction and obtaining the necessary documentation to complete same. All parties herein are aware that the setter may or may not be paying and escrow fee that is less than our customary fee at the close of escrow. NOTARY FEE DISCLOSURE: The principal(s) herein have the option of paying their notary, notary signup and/or notary travel fees at the time service is provided or to pay said billing through escrow, with cost of same being charged to principal(s) for disbursement at close of escrow. Principal(s) herein understand that all billings submitted to escrow for notarial services must be approved in writing. PLEASE DISCUSS FEES AND BILLING WiTH YOUR NOTARIAL PROVIDED AT TIME OF SERVICE. Please be advised that the fees charged by a notary by law are $15.00 per signature, and additional fees may be incurred for travel, signup, accommodation, after normal -business -hour appointments and/or if signed outside of escrow. Loan documentation sighed in escrow with Escrow Holder., during normal business hours, will be charged $125.00. ESCROW FEES: Buyer and Seller, each agree to pay one-half of all Escrow fees which may be incurred. ESCROW CANCELLATION FEE: Buyer(s) is aware that in the event this escrow is cancelled, Buyer(s) shall pay a cancellation fee of $500.00 to Escrow Holder. Said cancellation fee to be deducted from funds on deposit upon written and/or verbal notice of cancellation by Lender or Buyer(s). Seller(s) is aware that in the event this escrow is cancelled, Seller(s) shall pay a cancellation fee of $500.00 to Escrow Holder. Said cancellation fee to be deposited upon written and/or verbal notice of cancellation by Seller(s). THIRD PARTY INSTRUCTIONS: Robert Reza, Lender, New American Funding„ has been authorized to communicate with escrow holder and to give instructions as to form and content on behalf of the undersigned buyer regarding the sale of the above mentioned property, pick up and deliver any and atl documentation as may be required through tite course of this transaction, including but not limited to principal's final closing pages and funds, unless written instructions to the contrary are received in escrow from tite principals herein. THIRD PARTY INSTRUCTIONS: Priscilla Garcia, Transaction Coordinator, Century 21 Allstars, has been authorized to communicate with escrow holder and to give instructions as to form and content on behalf of the undersigned seller regarding the sale of the above mentioned property, pick up and deliver any and all documentation as may be required through the course of this transaction, including but not limited to principal's final closing pages and funds, unless written instructions to the contrary are received in escrow from the principals herein. THiRD PARTY INSTRUCTIONS: Anthony Torres, Admin Assistant, Century 21 Allstars, has been authorized to conummicate with escrow holder and to give instructions as to form and content on behalf of the undersigned setter regarding the sale of the above mentioned property, pick up and deliver any and all documentation as may be required through the course of this transaction, including but not limited to principal's final closing pages and funds, unless written instructions to the contrary are received in escrow from the principals herein. E) TIME PERIODS: THE FOLLOWING DATES ARE SET FORTH HEREIN FOR THE SOLE PURPOSE OF EXPRESSING AS AN .ACTUAL DATE THE NUMBER OF DAYS 1N WHiCH A CONTINGENCY MUST BE APPROVED AND OR BUYERS INITIALS Page 3 DS SELLERS INIT[AL CF DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA DISAPPROVED, OR AN ITEM PROVIDED. ESCROW HOLDER IS NOT RESPONSIBLE OR LIABLE FOR THE PERFORMANCE OF SAME IN ANY MANNER. DATE/CONTINGENCY/ITEM CONTRACT PARAGRAPH # DATE CLOSE OF ESCROW: 1 D October 26, 2017 BUYER'S INITIAL DEPOSIT: 3A $5,000.00 APPROVAL OF PRELIMINARY TITLE REPORT: 13A October 9, 2017 F:) TAX WITHHOLDING: 1) Under the Foreign Investment in Real Property Tax Act (FIRPTA), IRC Section 1445, every Buyer must, unless an exemption applies, deduct and withhold up to fifteen percent (15%) of the gross sales price from Seller's proceeds and send it to the Internal Revenue Service, if the Seller is a "foreign person" under that statute. 2) In addition, under California Revenue and Taxation Code Section 18662, every Buyer must, unless an exemption applies, deduct and withhold 3 1 3`0 of the gross sales price from Seller's proceeds and send it to the Franchise Tax Board (FTB): If the subject property is not Seller's principal residence, or if the Seller is a corporation with no permanent place of business in California. 3) Penalties may be imposed on a responsible party for non-compliance with the requirements of these statutes and related regulations. Seller and Buyer agree to execute and deliver any instrument, affidavit, statement, or instruction reasonably necessary to carry out these requirements, and to withholding of tax under those statutes if required. (SELLER'S AFFIDAVIT OF NON -FOREIGN STATUS AND OR CALIFORNIA RESIDENCY (C.A.R Form AS-14), OR BUYER'S AFFIDAVIT (C.A.R. Form AB-1 1), IF APPLICABLE, SHALL SATISFY THESE REQUIREMENTS.) 4. PARTIES ARE ADVISED TO SEEK TAX AND LEGAL COUNSEL REGARDING THE APPLICABILITY AND EFFECT OF THESE TAX WITHHOLDING REQUIREMENTS WITH RESPECT TO THIS TRANSACTION. G) FACSIMILE SIGNATURES: In the event any party utilizes "Facsimile" transmitted signed instructions to Escrow Holder, you are to rely on 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 disbursement of funds from escrow prior to close of escrow requires original, NOTARIZED signatures. Parties herein are 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. H) SPECIAL RECORDING NOTICE: In the event the documents in this escrow are recorded as a "SPECIAL RECORDING", i.e. subsequent to 8:00 a.m.. Buyer and Seller are aware and approve that funds may not or will not be available for disbursement for the payment of liens, proceeds or commissions until the following business day, and that no interest will be earned on such funds. Escrow Holder, Broker(s) and their Agent(s) are hereby indemnified, held harmless and released from any and all liability and/or responsibility for recording the documents as a "SPECIAL RECORDING" and for any additional interest/penalties to be paid to lender(s) and/or other hardships that may be suffered by any party as a result of said "SPECIAL RECORDING." 1) FUNDS HELD AT CLOSE OF ESCROW: 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 are instructed to, and without further instructions, withhold an escrow fee of $50.00 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. PRORATIONS: All prorations, including but not limited to, property tax or HOA dues shall be as of CLOSE OF ESCROW. BUYERS INITIALS Page 4 DS SELLERS INITIAL DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA BY SETTING FORTH HIS/HER FULL AND COMPLETE SIGNATURE HEREINBELOW AND BY INITIALING ALL OTHER PAGES, INCLUDING THE LAST THREE PAGES ENTITLED "GENERAL PROVISIONS", AS INDICATED THEREON, ("EXECUTION") EACH PARTY TO THIS ESCROW ACKNOWLEDGES RECEIPT OF SAME AND AGREES THAT SUCH EXECUTION SHALL BE DEEMED HIS/HER FULL ACCEPTANCE AND APPROVAL OF, CONCURRENCE IN, AND AGREEMENT TO BE BOUND BY, ALL OF THE TERMS, PROVISIONS, CONDITIONS, CONTINGENCIES, INSTRUCTIONS AND AGREEMENTS CONTAINED HEREIN, IN THEIR ENTIRETY. City of Vernon D.c.Signed by C,rlos F_. AJ;Ao By: CarlifQ0AW&rized Signer Eulises A Perez 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: (1) 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 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 instruction 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. 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 -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 shall be deemed a deposit under the meaning of these escrow instructions. Page 5 DocuSign Envelope ID: 1 B7E45C9-7C96-419D-8720-EO03F7689645 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 be effective only as between tite parties signing the Purchase Agreement. You, as Escrow Holder, are not to be concerned with the terms of any Purchase Agreement and are relieved of all responsibility for the enforcement of its terms. Your only ditty is to comply with tite 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 for 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 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 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 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. 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 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 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. 18. 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 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. DocuSign Envelope ID: 187E45C9-7C96-419D-8720-EOD3F7689645 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. In connection with this escrow: ( i ) 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, firm or corporation to any party to this escrow, you shall do so without incurring any liability to any parry. 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 title. The Change of Ownership form shall be furnished to Buyer by you for Buyer'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, 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 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. 22_ ALI. 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 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 tax consequences of the within escrow transaction. DocuSign Envelope ID: 187E45C9-7C96-419D-8720-EOD3F7689645 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA D. 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 are instructed to, and without Further instnuctions, withhold an escrow fee of $50.00 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 from a court of competent jurisdiction. if the conditions 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 tine 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 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 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. It is understood that if Escrow Holder is to attend to any Court(s) a reasonable fee is to be rendered to Escrow Holder PRIOR to any disbursement made. 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 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 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 (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 parties. 29 HOLD HARMLESS CI.,AUSE: The parties hereto have been advised to seek legal counsel of their choice regarding the terms and conditions of this transaction and, therefore, indemnify and hold Escrow Holder harmless from any litigation, claims or acts which may arise directly or indirectly by reason of this escrow. BUYERS INITIALS Page 8 DS SELLERS INITIAL ['CF DocuSign Envelope ID 1B7E45C9-7C96-419D-8720-EOD3F7689645 Concierge Escrow Service, Inc. BUYERS INITIALS Page 9 Ds SELLERS INITIALS LGF Date: October 24, 2017 Escrow No.: 5044-LA DocuSign Envelope ID'. 1B7E45C9-7C96-419D-8720-EOD3F7689645 Escrow Serv' e, Inc. PRIVACY ACT NOTICE Escrow Number: 5044-LA Escrow Officer: Letty Ascencio 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax:949-954-6575 Date: October 27, 2017 Concierge Escrow Service, Inc., has prepared this Privacy Act Notice to comply with the Gramm -Leach -Bliley Act, Public Law 106-102 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 former clients. 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 fors or by other methods including but not limited to, telephone, e-mail, facsimile transmission. 2. Categories of 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, attorneys, bookkeepers, and accountants, federal state or local tax or governmental authorities, real estate sales agents and 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 access to our personal and escrow file information to those employees who need to know 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 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. I have read and received a copy of this Privacy Act Notice as of the date below. 11/7/2017 Date: City of Ver Docusigned by: C.r{or F.,A.UAO By Carlos Fan "�i$'td Signer DocuSign Envelope ID. 1B7E45C9-7C96-419D-8720-EOD3F7689645 NOTICE OF CALIFORNIA WITHHOLDING & REPORTING Property. 2915 East 60th Place #S. Huntington Park, CA 90255 Escrow No.: 5044-LA Under California law (Rev & Tax Code § 18662), a buyer may be required to withhold and deliver to the Franchise Tax Board (FTB) an amount equal to 3.33°u 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 10"a of the amount required to be withheld or $500) 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 S 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 Califomia, 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 §1033) 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 SUBJECT TO PENALTIES FOR KNOWINGLY FILING A FRAUDULENT CERTIFICATE FOR THE PURPOSE OF AVOIDING THE WITHHOLDING LAWS. Effective January I, 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"). Contact FTB: For additional information regarding California withholding or for the Alternative Withholding, contact the Franchise Tax Board at (toll free) 888-792-4900, by e-mail nrws,(dftb.ca.Qov or visit their website at www,ftb.ca.¢ov. For tax advice, please consult your own legal advisor or tax professional. SELLER: City of Vernon DocuSigned by: I G,w .r FwAA AO _ Caxlvs J anditw. Authorized Signer BUYER: Eulises A Perez DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 / $ 12631 E Imperial Highway � / ° Building "A", Suite "215" %?ter>J�C �> Santa Fe Springs, CA 90670 Tel: 949-954-6571 Escrow Serv[ e. Inc. Fax: 949-954-6575 Escrow No.:5044-LA Date: November 6, 2017 NOTICE TO ALL BUYERS AND SELLERS OF REAL ESTATE The Foreign Investment in Real Property Tax Act (FIRPTA) BUYER'S RESPONSIBILITY TO WITHHOLD: Section 1445 of the Internal Revenue Code requires all Buyers who purchase real property in the United States from foreign Sellers to withhold either ten percent (10'0) or fifteen percent (15go) of the total purchase price and to pay that amount to the Internal Revenue Service (IRS) within twenty (20) days of the date escrow closes unless an exemption from withholding applies. IF BUYER FAILS TO WITHHOLD AND TIMELY PAY THE IRS THE CORRECT WITHHOLDING AMOUNT ON A NON-EXEMPT SALE, BUYER WILL BE LIABLE TO THE IRS FOR THE AMOUNT OF THE TAX OWED AND ALL APPLICABLE PENALTIES AND INTEREST. If two or more persons are joint Buyers, each is obligated to withhold. However, the obligation of each will be met if one of the joint Buyers withholds and transmits the required amount to the IRS. WHO IS A FOREIGN SELLER? In general, a foreign person is a non-resident alien individual, foreign corporation, foreign trust or foreign estate, but not a resident alien individual. BUYERS: Buyer will not be required to withhold under FIRPTA if Buyer obtains from Seller, a certification of non -foreign status pursuant to the IRS regulations, unless Buyer has knowledge that the Seller's certification is false. This certification must (1) state that Seller is not a foreign person; (2) set forth Seller's name, taxpayer identifying number and address; and (3) be signed by Seller under penalties of perjury. Buyer must retain this certification until the end of the fifth taxable year following the taxable year in which the sale takes place and to make the certification available to the IRS when requested. QUALIFIED SUBSTITUTE: Seller may furnish the Non -Foreign Affidavit to a "Qualified Substitute" instead of the buyer provided that the Qualified Substitute furnishes a statement to the buyer stating, under penalty of perjury, that the Qualified Substitute is in possession of the Non -Foreign Affidavit. A Qualified Substitute is defined as: (1) the person (including any attorney or title company) responsible for closing the transaction, other than the seller's agent, and (2) the buyer's agent. (See 1RC § 1445(0(6)). 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 a foreign Seller acts promptly, such Seller may be able to have the IRS: (1) issue a withholding certificate that either reduces or eliminates the withholding requirements for the transfer of Seller's property; (2) make an early refund to Seller of the amount withheld; or (3) establish that no gain is recognized under pertinent provisions of the Internal Revenue Code or the provisions of any United States treaty. If one or more foreign persons and one or more U.S. persons jointly transfer a U.S. real property interest, the amount realized from the transfer trust be allocated among the transferors based on their capital contribution to the property. For this purpose, a husband and wife are treated as having contributed 50% each unless it is specifically indicated otherwise. EXEMPTIONS: Below are some examples of when the IRS would generally not require withholding under FIRPTA. I. Buyer is purchasing the property for Buyer's use as a residence for a certain period of time and the total amount paid for the property is S300,000.00 or less. 2. Either Buyer or Seller applies for and obtains a withholding certificate from the IRS that specifies: (1) Seller is exempt from paying taxes on the gain; or (2) Seller has entered into an agreement with the IRS to pay the tax owed. 3. Gain on the sale is not recognized under certain provisions of the internal Revenue Code or the provisions of any United States treaty. BUYERS AND SELLERS ARE ADVISED TO SEEK THE ADVICE OF AN ATTORNEY OR TAX PROFESSIONAL REGARDING WHETHER ANY GAIN 1S RECOGNIZED UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND THE PROCEDURES THAT MUST BE FOLLOWED IF THE BUYER DOES NOT WITHHOLD BASED ON THE FACT THAT NO GAIN IS RECOGNIZED. Neither Century 21 Allstars or CHLV Group nor its 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 of a copy of this Notice is hereby acknowledged. Date: 11/7/2017 Eulises A Perez City of Vernon FC DocuSignetl by: �Aoj F. AMII ''AO By r7W@7FwWin*iwAuthorized Signer DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 r /V Escrow Servi e, Inc. City of Vernon 4305 Santa Fe Avenue Vernon, CA, 90058 Property: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Date: November 6, 2017 Escrow No.: 5044-LA * * * 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 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 Act. Any failure to complete this form fully and promptly return to escrow may result in delaying the close of your escrow. PLEASE NOTE: IF TAXPAYERS ARE HUSBAND AND WIFE FILING A JOINT 1040 TAX RETURN INSERT 100% IN ITEM 1C BELOW. A VALID TRUST ESTATE OR PARTNERSHIP ENTITY MUST DESIGNATE THEIR TIN/FEIN NUMBER IN ITEM Ill BELOW .... IF A SOCIAL SECURITY NUMBER IS USED, WE WILL HAVE TO REPORT TAXPAYER AS AN INDIVIDUAL AT CLOSING FOR THE PURPOSE OF THIS IRS REPORTING REQUIREMENT ONLY. 1.Taxpayer Name Line 1: City of Vernon I b. Social SecuritylTlN/FEIN #: 95-6000808 2. Taxpayer Name Line 2: 2b. Social Security/TIN/FEIN #: lc. % of Ownership: 100 2c. 'a of Ownership: 3. Forwarding Street Address: 4305 Santa Fe Ave. 4. City, State, Zip: Vernon, CA 90058 5. Contract Sales Price: $ 6. Is this an Exchange? Yes 0 No 7. Taxpayer Type: ❑ Individual ❑ Trust ❑ Estate ❑ Partnership 'Other NOTE The information on this form is being�furnished to the Internal Revenue Service r Under penalty of perjury, I/We certify that the taxpayer I.D. number shown on this form is myiour correct Social Security or Federal Employer Identification Number. I/We understand that 1/We am/are required by law to provide my'our correct taxpayer identification number and I/We may be subject to civil or criminal penalties if I/We provide incorrect information. 11/7/2017 Date _ Date City of Vernon �� Do/cuSigned by: BE��r�g�A��, Authorized Signer _ _._,------ DocuSign Envelope ID 187E45C9-7C95419D-8720-EDD3F7689645 TAXABLE YEAR ■ CALIFORNIA FORM 2017 Real Estate Withholding Certificate 593-C Part I — Seller/Transferor Information Return this form to vour eacrow, comoer- Name SSN a IT IN City of Vemon Spause's/RDP's name (I jointly owned) Spmo s/RDP's SSN or ]TIN (it Jointly owned) Address (apUste., room, PO box, or PhB rat WFEJN ❑ CA Carp no. ❑ CA 503 file no. 4305 Santa Fe Avenue 1 95-6000808 11y(if you have a foreign address. see instructions.) State 21p Code Ovmeahip percentage emon CA 90058 100 % Property address (if no street address, provide parch number and taunt) 2915 East 60th Place #S, Hun ton Park, CA 90255 . _ _...., _._' .--._..., ._..._. _. ,...... _......_..........,..,,.... _._.-... __....,....,.r•„ ,,.,.,. r.,,�,..,r...,,a ..,.., ..,,,,...... tom.. ,.erw..a�xl Part 11— Certifications which fully exempt the sale from withholding: 1. ❑ The property qualities as the sallersalansfarar s (or decedent's. If said by the decedent'. estate or trust) principal residence within the meaning of Internal Revenue Code (IRC) Section 121. 2. ❑ The caller/transferor (or decedent, if sold by the decedent's estate or trust) last used the property as the seller'./ transferors (decedent's) Principal residence within the meaning or IRC Section 121 without regard to the two-year time period. 3. ❑ The seller/transfemr has a loss or zero gain fa California income is. purposes on this sale. To check this box you must complete Form 593-E, Real Estate Withholding -Computation of Estimated Gain at Loss, and have a lass or zero gain on line 16. 4. ❑ The property is being compulsorily or Involuntarily converted and the seller/transferor Intends to acquire property that Is similar or related In service or use to quality farnonreoognhion of gain for California Imams tax purposes under IRC Section 1033. S. ❑ The transfer qualifies for nonrecognition treatment under IRC Section 351 (transfer to a corporation controlled by the transferor) or IRC Section 721 (contribution to a partnership in exchange for a partnership interest). 6. ❑ The satieMtiansferor is a corporation (or a limited liability company (LLC) classified as a corporation for federal and California Income tax purposes) that is either qualified through the Callfomle Secretary of Stale (SOS) or has a permanent place of business in California. 7. ❑ The aaller/transferor is a Calif..]. partnership or a paMsrshlp qualified to do busNese In Callfomla (or an LLC that is classified as a partnership for federal and California Income in purposes and Is not a single member LLC that is disregarded fa federal and California income tax purposes). a. The eellenirdnsis-is a tax-exempt entity under California or federal law. 9. The .elledtransferor is an insurence company, Individual retirement account, qualified pension/profit sharing plan, or charitable remainder trust. Part III — Certifications that may partially or fully exempt the sale from withholding: Real Estate Escrow Person (REEP): See instructions for amounts to withhold. 10. ❑ The transfer qualities as a simultaneous ace -kind exchange within the meaning of IRC Secfbn 1031. 11. ❑ The transfer qualities as a defered like -kind exchange within the meaning of IRC Section 1031. 12. ❑ The transfer of this Property is an nli alknent sale where the buysr/transferee Is required to withhold on the principal poAan of each Installment payment. Copies of Form 593-I, Real Estate Withholding Installment Sale Acknowedgemen4 and the promissory note are attached. Sellerffransferor Signature To learn about your privacy rights, how we may use your Information, and the consequences for net providing the equa led Information, go to ttb.ca.gov and search for privacy notice To request this miles by mail, cap 800.852.6711. Undar penalties of perjury. I declare that I have examined me Information on this form, including accompanying schedules and statement., and to the best of my knowledge and belief, I Is true, correct, and complete. I further declare under penalties of perjury that if the facts upon which this form ere based change, I will promptly notify toe REEP, �ogcvsigsre by: Seller a/Transferor's Name and Thai City of Vernon- Si la,WTan.f.ror signswda f--A_ F_.j:.. Dat.11/7/2017 Spouse'sIRDP's Name Administrator Spouse'aIRDP's Slgnawre rzsErAoorcee..o Data Sailed If you checked any box in Part II, you are exempt from real estate withholding. Transferor If You checked any box in Part Ill, you may qualify for a partial or complete withholding exemption. Except as to an ineleiment sale, I the sellerttansfemr did mt check any box In Part II or Part III o/ Fan 593-C, the wilMolding will be 3 113% (.0333) of the total sales price or the optional gain on sale withholding amount from Ina 5 of the cerfitied Form 593, Real Estate Withholding Tax Statement. If the sellmaansreror does not return the completed Form 593 and Form 593-C by the close of escrow, the withholding will be 3 113% or the total sales price, unless the type of transactions, an installment sale It the transaction is an Installment sale the withholding will be 3 113%(.0333) of the first insiallmenl payment. If you are withheld upon, the REEP should give you one copy of Form 593. Attach a copy to Ine lower from of your California income tax return and make Is copy fa your record.. 7131173 Form 593E C22016 DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Escrow Serve e, Inc. TO: Concierge Escrow Service, Inc. 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax:949-954-6575 SELLER'S AFFIDAVIT OF NONFOREIGN STATUS Date: November 6, 2017 Escrow No.: 5044-LA 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: 2915 East 60th Place #S, Huntington Park, CA 90255 by City of Vernon 1 hereby certify to the following (if an entity transferor, on behalf of the transferor): INDIVIDUAL TRANSFEROR(S): 1. 1 am not a nonresident alien for purposes of U.S. income taxation; My U.S. taxpayer identification number (Social Security number) is. 3. My home address CORPORR`A�TION, PARTNERSHIP, TRUST OR ESTATE TRANSFEROR(S): 1 --.-1_ 1&Ci[ 1�1 C� (name of transferor) is not a for ign corporation, foreign partnership, foreign trust, or foreign estate (as those terms are defined in the Internal Revenue Code and Income Tax Regulations); 2. Cr i Jk/ o-V VIP v, n(7 U.S. employer identification number is of transferor) and; 3. City of Vernon (name of transferor) office address is 4305 Santa Fe Ave. Vernon, CA 90058 City of Vernon, (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 I declare that I have examined this certification and to the best of my knowledge and belief it is true, correct and complete (and, for entity transferor, I further declare that f have authority to sign this document on behalf of City of Vernon (name of transferor). os 9ned by: Date: 11/7/2017 G�.%s F.,n.(.ind T RA@rA$j"g4mre 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 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: 1B7E45C9-7C96-419D-8720-EOD3F7689645 /V es yo er- E r w v` sc o Service, Inc. RE: Escrow No.: 5044-LA Property: 2915 Fast 60th Place #S, Huntington Park, CA 90255 INFORMATION REQUEST 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax:949-954-6575 Date: November 6, 2017 Officer: Letty Ascencio In order for us to obtain statements of account from your existing lender(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 lender can release any payoff information to an Escrow Holder. A delay in returning this signed and completed form could delay the close of this escrow. FIRST TRUST DEED Lender Name Free and Clear Address _ Loan Number 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 sent to you after close of escrow. 4305 Santa Fe Ave. Vernon, CA 90058 Effective Date: 11/7/2017 SELLER Crc-r6j of Vernon DocuSigned by: ' F.A11'JIAo ��soSdettp, Authorized Signcr Streamline - Loan Information Shect Novcmbcr 6. 2017 Y r' Escrow Serv' e, Inc. 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 SUPPLEMENTAL INSTRUCTIONS & GENERAL PROVISIONS TO: Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow Officer: Letty Ascencio Escrow Number: 5044-LA CONCIERGE ESCROW SERVICE, INC. IS LICENSED AS AN ESCROW AGENT BY THE DEPARTMENT OF BUSINESS OVERSIGHT OF THE STATE OF CALIFORNIA, LICENSE # 96DBO72260. TERMS OF TRANSACTION Buyer has or will deposit with Escrow $ 5,000.00 Buyer will deposit prior to close of Escrow S 5,000.00 Buyer to Obtain a New I' Trust Deed in the amount of $ 315,000.00 TOTAL CONSIDERATION LEGAL DESCRIPTION: See Exhibit "A" attached hereto and made part hereof. PROPERTY ADDRESS: 2915 East 60th Place #S Huntington Park, CA 90255 TITLE ON GRANT DEED SHALL BE CONVEYED TO: Eulises A Perez, a single man INSTRUCTIONS/COUNTERS/SUPPLEMENTS/ADDENDUMS: Escrow Holders responsibility is limited to the items listed in Paragraph 20 of the Residential Purchase Agreement and Joint Escrow Instructions dated August 25, 2017 AND ALSO the items listed hereinbelow on the following documents: Addendum No. 1. Of the Purchase Agreement Paragraph(s) 1-13 of the seller counter offer No. 1. Addendum No. 1. Of the Seller Counter Offer To the extent these instructions are inconsistent or conflict with the Residential Purchase Agreement and Joint Escrow Instructions, these instructions will control as to the duties and obligations of Escrow Holder only. DEPOSIT RECEIPT: The Deposit Receipt dated September 25, 2017 is hereby acknowledged to be made a part of this agreement and the Buyer and Seller agree to be bound by the terms and conditions contained thereon. DEPOSIT OF CLOSING FUNDS: Pursuant to Federal Regulations and the California Insurance Code, all funds deposited for close of escrow by parties hereto MUST be in one of the following forms: 1) Direct electronic "wire" transfer into escrow trust account for amounts of $1,000.00 or more (please contact Escrow Holder for wiring instructions). Bank charges for wire transfers shall be paid by the party for whose benefit the wire transfer is made. FUNDING THE NEW LOAN: If lender issues loan funds other than by wire transfer, they may not be immediately available for distribution. This may result in a delay in the close of escrow unless all parties hereto sign a written authorization for the title company instructing that this escrow be closed and disbursement of funds withheld until they become available. All parties herein release and hold harmless Escrow Holder and Title Company from any and all liability and/or responsibility as it relates to any additional interest, costs and/or penalties which may be incurred as a result of same. ADDITIONAL TERMS, CONDITIONS AND INSTRUCTIONS: BUYERS INITIALS Page 1 SELLERS INITIALS Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA A) RESTATED ITEMS: The following items are restated for clarification purposes only: The following is restated from the California Residential Purchase Agreement and Joint Escrow Instructions dated August 25, 2017: NATURAL HAZARD DISCLOSURE REPORT: Buyer to be provided a natural hazard disclosure report for the benefit of the Buyer. Sole responsibility is to debit the respective party at the close, per billing submitted herein. The invoice for the same shall be paid from funds due the seller. ENVIRONMENTAL HAZARD DISCLOSURE REPORT: Buyer to be provided a environmental hazard disclosure report for the benefit of the Buyer. Sole responsibility is to debit the respective party at the close, per billing submitted herein. The invoice for the same shall be paid from funds due the seller. STRUCTURAL PEST CONTROL REPORT AND CLEARANCE: Seller hereby agrees to furnish a structural pest control report and clearance on the subject property, issued by a licensed pest inspector, showing no visible evidence or signs of dry rot, fungi, or termite infestation in accessible areas. Section 1, as referred to in the Purchase Agreement shall be paid by Seller, Section 2 shall be at the expense of Buyer. Parties are advised to refer to the Real Estate Purchase Agreement for full particulars thereof. It is understood that escrow is not to be responsible for ordering said report nor for the contents of said report, nor for the accuracy of any work, or the cost thereof, to be done in connection therewith. HUNTINGTON PARK CITY REPORT: Seller to provide Buyer with Huntington Park Pre -Sale Inspection Report at a cost of $165.00. Seller agrees to complete form and deliver original applications to the city of Huntington Park, prior to close of escrow and further to obtain "Certificate" prior to close of escrow. Escrow Holder to deliver Huntington Park Pre -Sale Report and copy of "Certificate" to Buyer at close of escrow. HOME PROTECTION PLAN: Buyer to be provided a one (1) year Home Protection Plan from Old Republic Home Protection for the benefit of the Buyer. Escrow Holder is NOT responsible for ordering the plan, nor for the contents thereof during or after the close of escrow. Your sole responsibility is to debit the respective party at close, per billing submitted herein, and hand the plan to Buyer at close. The invoice for same shall not exceed $500.00 and shall be paid from funds due the seller. HOMEOWNERS ASSOCIATION AND/OR CLUB DUES: Buyer has been made aware that there are homeowner's association and/or club dues affecting subject property that are mandatory and will be prorated at closing. Seller agrees to keep all dues current during escrow. Seller is to furnish escrow holder with all pertinent information regarding the above dues, and escrow holder shall verify same prior to closing. Buyer agrees to deposit the reserve fees, if any, prior to close, which you are to transfer from seller to buyer and debit/credit parties accordingly; debit buyer/seller one half each for any move in/move out fees, debit seller at closing for any payments and/or monies due; debit buyer and pay at closing for the following month's dues. The transfer fee is to be paid by the seller at close of escrow. If applicable PERSONAL PROPERTY: The following items of personal property, free of liens and without warranty of condition are included in the purchase price and shall convey to Buyer at closing: all stoves, dishwasher and rangehood. Parties acknowledge that no monetary value is given to said items in regard to the purchase price. PER DIEM: If extension is granted beyond October 26, 2017, Buyer agrees to credit Seller $75 per day for every day past day 30 until the close of escrow, unless delay is caused by Seller. HOLD HARMLESS: Seller further agrees to indemnify, defend and hold Broker harmless from all claims, disputes, litigation, judgments, attorney fees and costs arising from any incorrect information supplied by Seller as a result of gross negligence or willful misconduct only, or from any material facts that Seller knows but fails to disclose. TRANSACTION COORDINATOR: Sole responsibility is to debit respective party at the close, per billing submitted herein. The invoice for the same shall be paid from funds due the Seller not to exceed $275.00. BUYERS INITIALS OP SELLERS INITIALS Page 2 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA B) CHANGES, SUPPLEMENTS AND/OR ADDITIONS: FURTHER, NOTWITHSTANDING ANY PROVISIONS CONTAINED TO THE CONTRARY IN THE REAL ESTATE PURCHASE CONTRACT AND ANY COUNTER OFFERS, ADDENDUMS OR SUPPLEMENTS THERETO, the following provisions are changed, supplemented and/or added: ARCHIVE ADMINSTRATION FEE: Parties hereto are aware that Escrow Holder. is charging a mandatory archive administration fee which is utilized to store the entire escrow file for the 5 years term as mandated by the Department of Oversight. BUYER/SELLER CLOSING COST: Seller herein agrees to pay the following fees and charges through escrow including but not limited to recording fees, notary fees, wire transfer fees. Owner's Policy of title insurance, escrow fees, documents preparation fees, County/City transfer tax, Federal Express and/or delivery fees, courier fees, fax fees, commissions, property disclosure reports and any and all additional fees and/or charges as may be a result of this transaction and obtaining the necessary documentation to complete same. All parties herein are aware that the Seller may or may not be paying and escrow fee that is less than our customary fee t the close of escrow. Buyer herein agrees to pay the following fees and charges through escrow, including but not limited to recording fees, notary fees, lenders ALTA Policy of title insurance, lenders fees as required, Federal Express and/or delivery fees, courier fees, wire transfer fees, escrow fees, documents preparation fee and any and all additional fees and/or charges as may be a result of this transaction and obtaining the necessary documentation to complete same. All parties herein are aware that the seller may or may not be paying and escrow fee that is less than our customary fee at the close of escrow. NOTARY FEE DISCLOSURE: The principal(s) herein have the option of paying their notary, notary signup and/or notary travel fees at the time service is provided or to pay said billing through escrow, with cost of same being charged to principal(s) for disbursement at close of escrow. Principal(s) herein understand that all billings submitted to escrow for notarial services must be approved in writing. PLEASE DISCUSS FEES AND BILLING WITH YOUR NOTARIAL PROVIDED AT TIME OF SERVICE. Please be advised that the fees charged by a notary by law are $15.00 per signature, and additional fees may be incurred for travel, signup, accommodation, after normal -business -hour appointments and/or if signed outside of escrow. Loan documentation signed in escrow with Escrow Holder., during normal business hours, will be charged $125.00. ESCROW FEES: Buyer and Seller, each agree to pay one-half of all Escrow fees which may be incurred. ESCROW CANCELLATION FEE: Buyer(s) is aware that in the event this escrow is cancelled, Buyer(s) shall pay a cancellation fee of $500.00 to Escrow Holder. Said cancellation fee to be deducted from funds on deposit upon written and/or verbal notice of cancellation by Lender or Buyer(s). Seller(s) is aware that in the event this escrow is cancelled, Seller(s) shall pay a cancellation fee of $500.00 to Escrow Holder. Said cancellation fee to be deposited upon written and/or verbal notice of cancellation by Seller(s). THIRD PARTY INSTRUCTIONS: Robert Reza, Lender, New American Funding„ has been authorized to communicate with escrow holder and to give instructions as to form and content on behalf of the undersigned buyer regarding the sale of the above mentioned property, pick up and deliver any and all documentation as may be required through the course of this transaction, including but not limited to principal's final closing pages and funds, unless written instructions to the contrary are received in escrow from the principals herein. THIRD PARTY INSTRUCTIONS: Priscilla Garcia, Transaction Coordinator, Century 21 Allstars, has been authorized to communicate with escrow holder and to give instructions as to form and content on behalf of the undersigned seller regarding the sale of the above mentioned property, pick up and deliver any and all documentation as may be required through the course of this transaction, including but not limited to principal's final closing pages and funds, unless written instructions to the contrary are received in escrow from the principals herein. THIRD PARTY INSTRUCTIONS: Anthony Torres, Admin Assistant, Century 21 Allstars, has been authorized to communicate with escrow holder and to give instructions as to form and content on behalf of the undersigned seller regarding the sale of the above mentioned property, pick up and deliver any and all documentation as may be required through the course of this transaction, including but not limited to principal's final closing pages and funds, unless written instructions to the contrary are received in escrow from the principals herein. E) TIME PERIODS: THE FOLLOWING DATES ARE SET FORTH HEREIN FOR THE SOLE PURPOSE OF EXPRESSING AS AN ACTUAL DATE THE NUMBER OF DAYS IN WHICH A CONTINGENCY MUST BE APPROVED AND/OR BUYERS INITIALS EF SELLERS INITIALS Page 3 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA DISAPPROVED, OR AN ITEM PROVIDED. ESCROW HOLDER IS NOT RESPONSIBLE OR LIABLE FOR THE PERFORMANCE OF SAME IN ANY MANNER. DATE/CONTINGENCY/ITEM CONTRACT PARAGRAPH # DATE CLOSE OF ESCROW: 1D October 26, 2017 BUYER'S INITIAL DEPOSIT: 3A $5,000.00 APPROVAL OF PRELIMINARY TITLE REPORT: 13A October 9, 2017 F:) TAX WITHHOLDING: 1) Under the Foreign Investment in Real Property Tax Act (FIRPTA), IRC Section 1445, every Buyer must, unless an exemption applies, deduct and withhold up to fifteen percent (15%) of the gross sales price from Seller's proceeds and send it to the Internal Revenue Service, if the Seller is a "foreign person" under that statute. 2) In addition, under California Revenue and Taxation Code Section 18662, every Buyer must, unless an exemption applies, deduct and withhold 3 1/3% of the gross sales price from Sellers proceeds and send it to the Franchise Tax Board (FTB): If the subject property is not Seller's principal residence, or if the Seller is a corporation with no permanent place of business in California. 3) Penalties may be imposed on a responsible party for non-compliance with the requirements of these statutes and related regulations. Seller and Buyer agree to execute and deliver any instrument, affidavit, statement, or instruction reasonably necessary to carry out these requirements, and to withholding of tax under those statutes if required. (SELLER'S AFFIDAVIT OF NON -FOREIGN STATUS AND/OR CALIFORNIA RESIDENCY (C.A.R Form AS-14), OR BUYER'S AFFIDAVIT (C.A.R. Form AB -I 1), IF APPLICABLE, SHALL SATISFY THESE REQUIREMENTS.) 4. PARTIES ARE ADVISED TO SEEK TAX AND LEGAL COUNSEL REGARDING THE APPLICABILITY AND EFFECT OF THESE TAX WITHHOLDING REQUIREMENTS WITH RESPECT TO THIS TRANSACTION. G) FACSIMILE SIGNATURES: In the event any party utilizes "Facsimile" transmitted signed instructions to Escrow Holder, you are to rely on 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 disbursement of funds from escrow prior to close of escrow requires original, NOTARIZED signatures. Parties herein are 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. H) SPECIAL RECORDING NOTICE: In the event the documents in this escrow are recorded as a "SPECIAL RECORDING", i.e. subsequent to 8:00 am., Buyer and Seller are aware and approve that funds may not or will not be available for disbursement for the payment of liens, proceeds or commissions until the following business day, and that no interest will be earned on such funds. Escrow Holder, Broker(s) and their Agent(s) are hereby indemnified, held harmless and released from any and all liability and/or responsibility for recording the documents as a "SPECIAL RECORDING" and for any additional interest/penalties to be paid to lender(s) and/or other hardships that may be suffered by any party as a result of said "SPECIAL RECORDING." I) FUNDS HELD AT CLOSE OF ESCROW: 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 are instructed to, and without further instructions, withhold an escrow fee of $50.00 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. PRORATIONS: All prorations, including but not limited to, property tax or HOA dues shall be as of CLOSE OF ESCROW. BUYERS INITIALS W Page 4 SELLERS INITIALS Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA BY SETTING FORTH HIS/HER FULL AND COMPLETE SIGNATURE HEREINBELOW AND BY INITIALING ALL OTHER PAGES, INCLUDING THE LAST THREE PAGES ENTITLED "GENERAL PROVISIONS", AS INDICATED THEREON, ("EXECUTION") EACH PARTY TO THIS ESCROW ACKNOWLEDGES RECEIPT OF SAME AND AGREES THAT SUCH EXECUTION SHALL BE DEEMED HIS/HER FULL ACCEPTANCE AND APPROVAL OF, CONCURRENCE IN, AND AGREEMENT TO BE BOUND BY, ALL OF THE TERMS, PROVISIONS, CONDITIONS, CONTINGENCIES, INSTRUCTIONS AND AGREEMENTS CONTAINED HEREIN, IN THEIR ENTIRETY. City of Vernon By: Carlos Fandino, Authorized Signer linA Perez 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: (1) 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 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 instruction 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. 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 -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 shall be deemed a deposit under the meaning of these escrow instructions. Page 5 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 be effective only as between the parties signing the Purchase Agreement. You, as Escrow Holder, are not to be 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 for 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 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 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 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. 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 lienhoiders. 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 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 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. 18. 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 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. In 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, 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 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 title. The Change of Ownership form shall be furnished to Buyer by you for Buyer'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, 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 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. 22. ALL NOTICES, DEMANDS AND INSTRUCTION'S 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 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 tax consequences of the within escrow transaction. Concierge EscroH Service. Inc. Date: October 24, 2017 Escrow No.: 5044-LA 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 are instructed to, and without further instructions, withhold an escrow fee of $50.00 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 from a court of competent jurisdiction. If the conditions 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 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 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. It is understood that if Escrow Holder is to attend to any Court(s) a reasonable fee is to be rendered to Escrow Holder PRIOR to any disbursement made. 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 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 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 (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 parties. 29. HOLD HARMLESS CLAUSE: The parties hereto have been advised to seek legal counsel of their choice regarding the terms and conditions of this transaction and, therefore, indemnify and hold Escrow Holder harmless from any litigation, claims or acts which may arise directly or indirectly by reason of this escrow. BUYERS INITIALS UP SELLERS INITIALS Page 8 Concierge EscroA Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA BUYERS INITIALS C—� SELLERS INITIALS Page 9 ro 49; eg Y Escrow Service, Inc. PRIVACY ACT NOTICE Escrow Number: 5044-LA Escrow Officer: Letty Ascencio 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Date: November 6, 2017 Concierge Escrow Service, Inc., has prepared this Privacy Act Notice to comply with the Gramm -Leach -Bliley Act, Public Law 106-102 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 former clients. 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, e-mail, facsimile transmission. 2. Categories of 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, attorneys, bookkeepers, and accountants, federal state or local tax or governmental authorities, real estate sales agents and 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 access to our personal and escrow file information to those employees who need to know 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 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. I have read and received a copy of this Privacy Act Notice as of the date below. Date: NOTICE OF CALIFORNIA WITHHOLDING & REPORTING Property: 2915 East 60th Place #S, Huntington Park, CA 90255 Escrow No.: 5044-LA Under California law (Rev & Tax Code §18662). a buyer may be required to withhold and deliver to the Franchise Tax Board (FTB) an amount equal to 3.33% 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 10% of the amount required to be withheld or $500) 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 $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: 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 §1033) 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 SUBJECT TO PENALTIES FOR KNOWINGLY FILING A FRAUDULENT CERTIFICATE FOR THE PURPOSE OF AVOIDING THE 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"). Contact FTB: For additional information regarding California withholding or for the Alternative Withholding, contact the Franchise Tax Board at (toll free) 888-792-4900, by e-mail nrws(a,ftb.ca.eov or visit their website at www.ftb.ca.gov. For tax advice, please consult your own legal advisor or tax professional. SELLER: City of Vernon By: Carlos Fandino, Authorized Signer BUYER: Eulisef A P ez 12631 E Imperial Highway j Building "A", Suite "215" Santa Fe Springs, CA 90670 M ) %1�t —/ Tel: 949-954-6571 Escrow Servi/ e, Inc. Fax: 949-954-6575 Escrow No.:5044-LA Date: November 6, 2017 NOTICE TO ALL BUYERS AND SELLERS OF REAL ESTATE The Foreign Investment in Real Property Tax Act (FIRPTA) BUYER'S RESPONSIBILITY TO WITHHOLD: Section 1445 of the Internal Revenue Code requires all Buyers who purchase real property in the United States from foreign Sellers to withhold either ten percent (10%) or fifteen percent (15%) of the total purchase price and to pay that amount to the Internal Revenue Service (IRS) within twenty (20) days of the date escrow closes unless an exemption from withholding applies. IF BUYER FAILS TO WITHHOLD AND TIMELY PAY THE IRS THE CORRECT WITHHOLDING AMOUNT ON A NON-EXEMPT SALE, BUYER WILL BE LIABLE TO THE IRS FOR THE AMOUNT OF THE TAX OWED AND ALL APPLICABLE PENALTIES AND INTEREST. If two or more persons are joint Buyers, each is obligated to withhold. However, the obligation of each will be met if one of the joint Buyers withholds and transmits the required amount to the IRS. WHO IS A FOREIGN SELLER? In general, a foreign person is a non-resident alien individual, foreign corporation, foreign trust or foreign estate, but not a resident alien individual. BUYERS: Buyer will not be required to withhold under FIRPTA if Buyer obtains from Seller, a certification of non -foreign status pursuant to the IRS regulations, unless Buyer has knowledge that the Seller's certification is false. This certification must (1) state that Seller is not a foreign person; (2) set forth Seller's name, taxpayer identifying number and address; and (3) be signed by Seller under penalties of perjury. Buyer must retain this certification until the end of the fifth taxable year following the taxable year in which the sale takes place and to make the certification available to the IRS when requested. QUALIFIED SUBSTITUTE: Seller may furnish the Non -Foreign Affidavit to a "Qualified Substitute" instead of the buyer provided that the Qualified Substitute furnishes a statement to the buyer stating, under penalty of perjury, that the Qualified Substitute is in possession of the Non -Foreign Affidavit. A Qualified Substitute is defined as: (1) the person (including any attorney or title company) responsible for closing the transaction, other than the seller's agent, and (2) the buyer's agent. (See IRC § 1445(f)(6)). 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 a foreign Seller acts promptly, such Seller may be able to have the IRS: (1) issue a withholding certificate that either reduces or eliminates the withholding requirements for the transfer of Seller's property; (2) make an early refund to Seller of the amount withheld; or (3) establish that no gain is recognized under pertinent provisions of the Internal Revenue Code or the provisions of any United States treaty. If one or more foreign persons and one or more U.S. persons jointly transfer a U.S. real property interest, the amount realized from the transfer must be allocated among the transferors based on their capital contribution to the property. For this purpose, a husband and wife are treated as having contributed 50% each unless it is specifically indicated otherwise. EXEMPTIONS: Below are some examples of when the IRS would generally not require withholding under FIRPTA. 1. Buyer is purchasing the property for Buyer's use as a residence for a certain period of time and the total amount paid for the property is $300,000.00 or less. 2. Either Buyer or Seller applies for and obtains a withholding certificate from the IRS that specifies: (1) Seller is exempt from paying taxes on the gain; or (2) Seller has entered into an agreement with the IRS to pay the tax owed. 3. Gain on the sale is not recognized under certain provisions of the Internal Revenue Code or the provisions of any United States treaty. BUYERS AND SELLERS ARE ADVISED TO SEEK THE ADVICE OF AN ATTORNEY OR TAX PROFESSIONAL REGARDING WHETHER ANY GAIN IS RECOGNIZED UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND THE PROCEDURES THAT MUST BE FOLLOWED IF THE BUYER DOES NOT WITHHOLD BASED ON THE FACT THAT NO GAIN IS RECOGNIZED. Neither Century 21 Allstars or CHLV Group nor its 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 of a copy of this Notice is hereby acknowledged. Date: Eu rses A rez City of Vernon By: Carlos Fandino, Authorized Signer Escrow Service, Inc. VESTING WORKSHEET RE: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Escrow No.: 5044-LA NOTE: Please indicate your choice by checking the appropriate selection. Please fill in the blanks completely and print names exactly as they should appear on all documents and as you will be signing your name. PURSUANT TO THE ABOVE REFERENCED ESCROW, ESCROW HOLDER IS INSTRUCTED TO REFLECT MY NAME AND VESTING AS FOLLOWS: 1. ❑ SPOUSES (Print names and marital status, e.g. "husband and wife". "wife and husband", "spouses". "who are married to each other", etc. exactly as they should appear on documents including loan documents) 2. ❑ REGISTERED DOMESTIC PARTNERS (Print Names Exactly as they should appear on documents including loan documents) *If you have selected either option 1 or 2 above, please also select one of the following options: A. ❑ As Joint Tenants B. ❑ As Community Property C. ❑ As Community Property with Right of Survivorship D. ❑ As Tenants in Common Each As to an Undivided Interest — Percentage or Fraction (i.e., %Z or 50%) E. ❑ Other (Please specify) 3. ❑ MARRIED MAN - AS HIS SOLE AND SEPARATE PROPERTY ❑ MARRIED WOMAN - AS HER SOLE AND SEPARATE PROPERTY ❑ REGISTERED DOMESTIC PARTNER - AS HIS/HER SOLE AND SEPARATE PROPERTY (Print Names Exactly as they should appear on documents including loan documents) PLEASE INDICATE THE FULL NAME OF SPOUSE OR DOMESTIC PARTNER FOR PREPARATION OF DEED. 4. ❑ INDIVIDUAL ('Print Names Exactly as they should appear on documents including loan documents) 6 Rr-er2 A. A SINGLE MAN (never married) B. ❑ A SINGLE WOMAN (never married) C. ❑ A WIDOWER (wife is deceased) D. ❑ A WIDOW (husband is deceased) E. ❑ AN UNMARRIED MAN (divorced) E. ❑ AN UNMARRIED WOMAN (divorced) HOW YOU HOLD TITLE TO YOUR PROPERTY CAN HAVE SERIOUS TAX CONSEQUENCES. IT IS STRONGLY RECOMMENDED THAT YOU SEEK TAX AND/OR LEGAL COUNSEL WHEN COMPL r TING THIS FORM. SIGNATURE OF BUYER Date: 1 Eu ' es erez StreamLine - Vesting Worksheet Buyer/Borrower November 6, 2017 It Escrow Servi e, Inc. 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 FIRE INSURANCE INFORMATION FORM Date: November 6.2017 Escrow No: 5044-LA Officer: Letty Ascencio Re: 2915 East 60th Place #S, Huntinuton Park, CA 90255 The following information is needed to process your escrow. Please complete this form and return as soon as possible to our offices. INSURANCE AGENCY AGENT POLICY NUMBER ADDRESS CITY, STATE, ZIP PHONE NUMBER FAX NUMBER. PLEASE: 1. Contact your agency and discuss the coverages you desire 2 Have your agent contact our office in order that we may provide additional information which may be required. PLEASE COMPLETE AND RETURN I hereby authorize you as Escrow Holder to discuss my file with the above named agent with reference to insurance necessary to process this escrow. Eulise Per z StreamLme - Fire Insurance Information Form November 6, 2017 DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Date Re l� /V Escrow Serve e, Inc. November 6, 2017 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax:949-954-6575 NEW FINANCING AMENDMENT 2915 East 60th Place #S, Huntington Park, CA 90255 Escrow No.: 5044-LA TO: Concierge Escrow Service, Inc. - Lett , Ascencio 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 Broker Solutions Inc dba New American Funding, in the principal amount of $331,987.00, with a rate of 4.0000% per annunr for a loan term of 30 years, per Lender's documents to be placed in escrow. Borrower's execution of Lender's documents shall deem their approval of all terms 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 of Vernon DocuSigned by: C -s F l Ae S'zj9Afit1,p&o, Authorized Signer BUYER: Eulises A Perez r-1 r Escrow Servi e, Inc. 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 NEW FINANCING AMENDMENT Date: November 6, 2017 Re: 2915 East 60th Place #S, Huntington Park, CA 90255 Escrow No.: 5044-LA TO: Concierge Escrow Service, Inc. - Letty Ascencio 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 Broker Solutions Inc dba New American Funding, in the principal amount of $331,987.00, with a rate of 4.0000% per annum for a loan term of 30 years, per Lender's documents to be placed in escrow. Borrower's execution of Lender's documents shall deem their approval of all terms 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 of Vernon By: Carlos Fandino, Authorized Signer BUYER: — eoo��- - E ise A Perez EXHIBIT B 0 CITY OF HUNTINGTON PARK Building & Safety Division 6550 Miles Avenue, Huntington Park, CA 90255 Tel. (323) 584-6271 • Fax. (323) 584-6244 Date Issued: October 31, 2017 Address of Property: 2915 E 60TH PL #S Assessor's Parcel Number: 6310-023-270 Residential Pre -Sale Inspection Report CLEARANCE CERTIFICATION 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: l his clearance, does not apply to minor violations that may have been identified, or to any non -conformities or restrictions on use or development. NON t-IABIL ITI : 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 -eceiving 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 conta-ned in the report. (Huntington Park Municipal Code, Title 8, Chapter 17.10) By: 'Travis Mathieu Title: Building Inspector KV2014.10.27 DocuSign Envelope ID: OA544507-17E8-4084-BFBB-E151DD475F6a QftQ( 1 A Allstars Coordinator Commission Invoice Attention: J��0 Escrow Co.: PllK-E►eld�� Escrow #: I14V 1 —LA rL TII�— (�� I ` _ ` Property Add: L--15 G . VJ t✓ 1 V1 PI 17y vtH vi qy1 ?A ( I (we) the buyer(s) or seller(s) on the above referenced property acknowledge an additional $275.00 commission fee, payable to Century 21 Allstars, at the close of escrow for the purpose of coordination and completing the above mentioned transaction. I (we) understand that this commission is separate than the closing cost stated to me by the lender performing the loan on the purchase of this property. For this additional commission earned fees, Century 21 Allstars will provide you immediate online access to all communications, documents and reports during the escrow period. You will be assigned a personal transaction coordinator who will assist you with the successful closing of your transaction and will assign you your personal online access. Further, you will receive at the close of escrow, a CD Rom disc, containing documentation that will highly assist you and your tax preparer during tax season. I (we) fully understand that if this transaction fails and is cancelled at any time during the escrow period, I (we) will not be responsible to pay for this Commission Fee. If this fee has been advanced to Century 21 Allstars prior to the cancellation of this transaction, the Commission fee will be returned immediately upon cancellation. Buyers Acknowledgement Buyers Acknowledgement ooc�sio�ea ev: .lino S&Icrs >Stledgement Sellers Acknowledgement Escrow Officers: Itemize this Commission Earned Fee online 700 of the HUD I and fax to the following: (562) 205=3528 or (562) 205-3875. Escrow Officer: Acknowledged � HIP tmr&*J%).Com .ra. Subject Property: 2915 E 60TH PL UNIT S HUNTINGTON PARK, CA 9025S APN#: 6310-023-270 Ordered By: Luther Sanchez Century 21 Allstars (562) 755-9387 Keport uate: y/u/tuli Report Number: 9513-113 Subject Property: 2915 E 60TH PL UNIT S APN: 6310-023-270 Page Number: Invoice Bill To: Letty Ascencio Parkfield Escrow, Inc. (949) 954-6571 Escrow #: TBD Product Description Billing Terms Amount Owed Residential NHD Report Bill Escrow $74.95, ------------------ $74.95 NATURAL HAZARD DISCLOSURE This Natural Hazard Disclosure ("Report") complies with Civil Code Section 1103 et seq. The maps and data cited herein were reviewed using the assessor parcel number ("APN") and/or the physical address listed in this Report ("Property"), Not all publicly available data regarding the Property is included in this Report. No physical inspection of the Property has been performed. Therefore, MyNHD, Inc. ("MyNHD") recommends a Certified Engineering Geologist or Professional Engineer be consulted to address specific concerns about the Property. This Report was prepared in accordance with, and therefore subject to, all of the conditions and limitations stated in the Report including the "Terms and Conditions" contained therein. An explanation of each category of disclosure is included later in this Report. The terms "No Map" or "Not Mapped" indicate that a disclosure map is not available from the governmental agency relative to specific disclosure in this Report. MyNHD has relied upon the statutes identified and has reviewed the maps and records specifically required for disclosure pursuant to California law. This information is made available to the public so that determinations if and to what extent each statute applies to the Property can be made. Receipt/use of this Report by recipient or any third party constitutes acceptance of the Terms and Conditions detailed at the end of this Report. This Report is not a policy of insurance or a warranty. This Report is prepared by MyNHD to comply with California law relating to public record information in connection with the sale of residential real estate. Please read the Terms and Conditions carefully. Please return bottom portion with payment - - TEAR -OFF HERE---- - --- -- --- ---- --- -- ---- - -- --- ---- -- Received from: Parkfield Escrow, Inc. Escrow #: TBD Make Checks Payable to: MyNHD, Inc. PO Box 241426 Los Angeles, CA 90024 Please do not staple check to stub. - -TEAR-OFF HERE --- --- ---- -- ---- --- - - 2915 E 60TH PL UNIT S HUNTINGTON PARK, CA 90255 6310-023-270 REPORT NUMBER: 9513-113 Amount Due $74.95 PLAN FEE INVOICE TO: LETICIA ASCENCIO DATE: 09/21/2017 PARKFIELD ESCROW 12631 IMPERIAL HWY STE A-213 SANTA FE SPRINGS, CA 90670-4710 FILE #: PEREZ 949.954.6571 PLAN NUMBER: 26117473 ORDERED: 09/21/2017 ESTIMATED CLOSE: 10/27/2017 COVERED FOR: HOMEOWNER / PEREZ (Seller/Buyer) COVERED PROPERTY: 2915 E 60TH PL UNIT S HUNTINGTON PARK, CA 90255-3198 PROPERTY TYPE: Single -Family Dwelling under 5,000 Sq. Ft. PLEASE REMIT PAYMENT IN FULL AT CLOSE OF SALE — INCLUDE OUR PLAN NUMBER ON THE CHECK Coverage Coverage CITY Rate Due CA FSRE SFD CA 5.1 CRES 13 CRES 13 Mo. Preferred Ultimate Protection with Air Conditioner (Does Not 1 480.00 480.00 Include Kitchen Refrigerator) ($75 TCF) Buyer Option - Ultimate Protection 1 included 0.00 Buyer Option - Air Conditioner/Cooler 1 included 0.00 Buyer Option - Limited Roof Leak Repair 1 included 0.00 Additional Options Available Pool/Spa Equip Includes SWP ____ 170.00 Solar Pool/Spa Equipment — 250.00 Solar Hot Water System — 250.00 Washer/Dryer _ 80.00 _ Washer/Dryer/Kitchen Refrig _ 90.00 Kitchen Refrigerator — 50.00 Additional Refrigeration Units PLEASE SIGN - 50.00 Ornamental Fountain Coverage — 75.00 _ Water Softener/Reverse Osmosis & RETURN _ 75.00 Well pump _ 100.00 Booster pump — 75.00 Enhanced Slab/External Leak _ 100.00 Septic System/Septic Pumping Structural Endorsement '1�` _ _ 90.00 200.00 d 1000 ft 300.00 Guesuln-law un er sq — Total $480.00 To ensure the home buyer receives their Declaration of Coverage promptly, please provide us with a mailing address if different than the covered property address: Street: .240, VJ kL0#J1>t-A T5LV% City, State, Zip: LOMP To 1J (-A. C1a 2.7-(1 To update our records with any changes on this invoice, please call: 800.445.6999, Fax: 877.445.6999, or Just Hit Reply! Thank you for choosing Old Republic Home Protection Old Republic Home Protection Co. Inc. I P.O.Box 5017 1 San Ramon, California 94583 Application: 800.445.6999 1 Service: 800.972.5985 1 Fax: 800.866.2488 www.orhp.com STANDARD NOTICE OF WORK COMPLETED AND NOT COMPLETED NOTICE - All recommendations may not have been completed - See below - Recommendations not completed. This form is prescribed by the Structural Pest Control Board. ilding No. street city 71P Date of ompletion 2915 E 60th PI. Unit S Huntington Park CA 90255 10/30/17 WARMR 13640 Imperial Hwy #13 Santa Fe Springs, Ca. 90670 562-674-4704 REGISTRATION NO. PR7257 REPORT NO. ia3332 Escrow# Ordered By: Property Owner and/or Party of Interest. Completion Sent To: C-21 ALLSTARS-PICO RIVERA C-21 ALLSTARS-PICO RIVERA Concierge Escrow Service Inc Luther Sanchez 9155 Telegraph Rd, Letty Ascendo 9155 Telegraph Rd. 90660-Pico Rivera -CA 12631 E Imperial Hwy Bldg A Suite 215 90660-Pico Rivera -CA 562-863-2121 90670-Santa Fe Springs -CA 562-863-2121 562-755-9387 The following recommendations on the above designated property, as outlined in Wood Destroying Pests and Organisms Inspection Report dated 10/12/17 have been and/or have not been completed. Recommendations completed by this firm that are in accordance with the Structural Pest Control Board's Rules and Regulations: 7A 8A OR Recommendations completed by this firm that are considered secondary and substandard measures under Section 1992 of the Structural Pest Control Board's Rules and Regulations including person requesting secondary measure - see REMARKS below Cost of work completed: Cost: $ $ 595.00 Inspection Fee $ $ 0.00 Other: $ $ 0. 00 Total. $ $ 595.00 Recommendations not completed by this firm. Estimated Cost $ $ 0.00 Remarks "This is to certify that the property described herein is now free of evidence of active infestation or infection in the visible and accessible areas." AND IS IN COMPLIANCE WITH THE STRUCTURAL PEST CONTROL BOARD RULES AND REGULATIONS AND MEETS FHA -VA REQUIREMENTS COMMITTED CONDITION 2a F-2800-5. Signature This report has been electronically signed as authorized by the inspector. You are entitled to obtain copies of all reports and completion notices on this property reported to the Structural Pest Control Board during the preceding two years upon payment of a search fee to: Structural Pest Control Board, 2005 Evergreen Street, Suite 1500, Sacramento, California, 95815, NOTE. Questions or problems concerning the above report should be directed to the manager of the company. Unresolved questions or problems with services performed may be directed to the Structural Pest Control Board at (916) 561-8708, (800) 737-8188 or www.pestboard.ca.gov 43M-44 (REV. 10101) G�� "I611'3-- READ &APPROVE October 30, 2017 13640 Imperial Hwy #13 Santa Fe Springs, Ca. 90670 562-674-4704 Registration No. PR7257 INVOICE NO. ja3332 RE: 2915 E 60th PI. Unit S Huntington Park CA 90255 Ordered By: C-21 ALLSTARS-PICO RIVERA 562-863-2121 9155 Telegraph Rd. 90660-Pico Rivera -CA Luther Sanchez 562-755-9387 Owner/Party In Interest: C-21 ALLSTARS-PICO RIVERA 562-863-2121 Bill To: Concierge Escrow Service Inc 12631 E Imperial Hwy Bldg A Suite 215 90670-Santa Fe Springs -CA Letty Ascencio Description Charge/Adjustment Payment 7A. TREAT $ 595.00 8A. SEE 7A $ 0.00 Waive Inspection Fee S 0.00 TOTAL DUE $ 595.00 If this statement does not agree with your records please notify us at once. Over -Due Balance's subject to Monthly Service Charge of 1.0% (12% Annual). Section 1 - Treat $595 Total $595 Re: Concierge Escrow Service Inc Due: $ 595.00 12631 E Imperial Hwy Bldg A Suite 215 90670-Santa Fe Springs -CA For: ja3332 2915 E 60th PI. Unit S Huntington Park October 30, 2017 W ARMR 13640 Imperial Hwy #13 Santa Fe Springs. Ca. 90670 562-674-4704 Registration No. PR7257 INVOICE NO. ja3332 RE: 2915 E 60th PI. Unit S Huntington Park CA 90255 Ordered By: C-21 ALLSTARS-PICO RIVERA 562-863-2121 9155 Telegraph Rd. 90660-Pico Rivera -CA Luther Sanchez 562-755-9387 Owner/Party In Interest: C-21 ALLSTARS-PICO RIVERA 562-863-2121 Bill To: Concierge Escrow Service Inc 12631 E Imperial Hwy Bldg A Suite 215 90670-Santa Fe Springs -CA Letty Ascencio Description Charge/Adjustment Payment 7A. TREAT $ 595.00 8A. SEE 7A $ 0.00 Waive Inspection Fee $ 0.00 TOTAL DUE $ 595.00 If this statement does not agree with your records please notify us at once. Over -Due Balance's subject to Monthly Service Charge of 1.0% (12% Annual). Section 1 - Treat $595 Total $595 Re: Concierge Escrow Service Inc Due: $ 595.00 12631 E Imperial Hwy Bldg A Suite 215 90670-Santa Fe Springs -CA For: ja3332 2915 E 60th Pl. Unit S Huntington Park l WOOD DESTROYING PESTS AND ORGANISMS INSPECTION REPORT Building No Street City Zip ate of Inspection of ages 2915 E 60th PI. Unit S Huntington Park CA 90255 7-ber 10/12/17 NAWWR A 13640 Imperial Hwy #13 Santa Fe Springs, Ca. 90670 562-6744704 REGISTRATION NO. PR7257 REPORT NO. 'a3332 Escrow# Ordered by: Property Owner and/or Party of Interest: Report sent to: C-21 ALLSTARS-PICO RIVERA C-21 ALLSTARS-PICO RIVERA Concierge Escrow Service Inc Luther Sanchez 9155 Telegraph Rd. Letty Ascencio 9155 Telegraph Rd. 90660-Pico Rivera -CA 12631 E Imperial Hwy Bldg A Suite 215 90660-Pico Rivera -CA 562-863-2121 90670-Santa Fe Spnngs-CA 562-863-2121 562-755-9387 COMPLETE REPORT LIMITED REPORT ® SUPPLEMENTAL REPORT 0 REINSPECTION REPORT General Description: Inspection Tag Posted: 2 story, Stucco, Wood Frame, Composition Roof, Attached Garage, Vacant - Attic Other Tags Posted. An inspection has been made of the structure(s) shown on the diagram in accordance with the Structural Pest Control Act, Detached porches, detached steps, detached decks and any other structures not on the diagram were not inspected. Subterranean Termites Drywood Termites ® Fungus / Dryrot Other FindingsEj Further Inspection[:] If any of the above boxes are checked, it indicates that there were visible problems in accessible areas. Read the report for details on checked items. FOUNDATION DIAGRAM (Diagram not to scale) Inspected by: Minuel Fuentes State License No. OPR10598 Signature ,! y This report has been electronically signed as authorized by the inspector. You are entitled to obtain copies of all reports and completion notices on this property reported to the Structural Pest Control Board during the preceding two years. To obtain copies contact: Structural Pest Control Board, 2005 Evergreen Street, Suite 1500, Sacramento, California, 95815. NOTE Questions or probiems concerning the above report should be directed to the manager of the company. Unresolved questions or problems with services performed may be directed to the Structural Pest Control Board at (916) 561-8708, (800) 737-8188 or www.pestboard.ca.gov 43M-41 (REV. 10101) PAGE 2 OF STANDARD INSPECTION REPORT OF THE PROPERTY LOCATED AT: Building No. / Street City Zip Date Of Inspection 2915 E 60th PI. Unit S Huntington Park CA 90255 10/12/17 REPORT# ja3332 1.SUBSTRUCTURE Slab 7.ATTIC Poor access -fully insulated 2.SHOWER None &GARAGES Poor access -wall coverings 37FOU—NUATIONRS Slab 9.DECKS-PATIOS NFtinspected 4.PORCHES,STEPS Not inspected 10. THE-INTERI R Ins ected b. I N None 11. H I Not ins cted CA—BUTMENTS Not inspected misc. NOTICE: Reports on this structure prepared by various registered companies should list the same findings (i.e. termite infestations,termite damage, fungus damage, etc.). However, recommendations to correct these findings may vary from company to company. You have a right to seek a second opinion from another company. NOTICE: This is a separated report which defines as Section 1 or Section 2, conditions evident on the date of inspection. Section 1 contains items where there is visible evidence of active infestation, infection or conditions that have resulted in or from infestation or infection. Section 2 items are conditions deemed likely to lead to infestation or infection, but where no visible evidence of such was found. Further Inspection items are defined as recommendations to inspect areas which during the original inspection, did not allow the inspector to complete the inspection and cannot be defined as Section 1 or Section 2. SECTION 1 Finding: 7A EVIDENCE OF DRYWOOD TERMITES NOTED AT ATTIC RAFTERS AS INDICATED ON THE DIAGRAM. Recommendation: 7A DRILL AND CHEMICALLY TREAT LOCAL INFESTED TIMBERS WITH REG. CHEMICAL-. COVER EVIDENCE. Finding:8A EVIDENCE OF DRYWOOD TERMITES NOTED AT GARAGE WALLS AS INDICATED ON THE DIAGRAM. Recommendation: 8A DRILL AND CHEMICALLY TREAT LOCAL INFESTED TIMBERS WITH REG. CHEMICAL-. COVER EVIDENCE. ADDITIONAL INFORMATION Note: This report is limited to interior of Unit S only. "A SEPARATED REPORT WHICH IS DEFINED AS SECTION I AND OR SECTION II CONDITIONS EVIDENT ON THE DATE OF INSPECTION. "SECTION I CONTAINS ITEMS WHERE THERE IS EVIDENCE OF ACTIVE INFESTATION, INFECTION. OR CONDITIONS THAT HAVE RESULTED IN OR FROM INFESTATION OR INFECTION. "SECTION II ITEMS ARE CONDITIONS DEEMED LIKELY TO LEAD TO INFESTATION OR INFECTION, BUT WHERE NO VISIBLE EVIDENCE OF SUCH WAS FOUND. "FURTHER INSPECTION ITEMS ARE DEFINED AS RECOMMENDATIONS TO INSPECT AREA(S) WHICH DURING THE ORIGINAL INSPECTION DID NOT ALLOW THE INSPECTOR ACCESS TO COMPLETE HIS INSPECTION AND CANNOT BE DEFINED AS SECTION I OR SECTION Il. SECTION II ITEMS NOT GIVEN BY THIS COMPANY UNLESS REQUESTED. "' Note Some wood repair may uncover additional damage or infestation than initially reported at time of the inspection_ If so a supplemental report will be issued and additional cost may apply. Note: Areas above the first story eaves are inaccessible for physical inspection due to height, and are not included in our report, unless a visual inspection from the ground revealed conditions that need further inspection `NOTICE TO OWNER' UNDER THE CALIFORNIA MECHANICS LIEN LAW ,ANY STRUCTURAL PEST CONTROL COMPANY WHICH CONTRACTS TO DO WORK FOR YOU, ANY CONTRACTOR ,SUBCONTRACTOR ,LABORER ,SUPPLIER OR OTHER PERSON WHO HELPS TO IMPROVE YOUR PROPERTY ,BUT IS NOT PAID FOR HIS OR HER WORK OR SUPPLIES, HAS THE RIGHT TO ENFORCE A CLAIM AGAINST YOUR PROPERTY.THIS MEANS THAT AFTER A COURT HEARING,YOUR PROPERTY COULD BE SOLD BY A COURT OFFICER AND THE PROCEEDS USED TO SATISFY THE INDEBTEDNESS. THIS CAN HAPPEN EVEN IF YOU HAVE PAID YOUR STRUCTURE PEST CONTROL COMPANY IN FULL IF THE SUBCONTRACTOR ,LABORERS OR SUPPLIERS REMAIN UNPAID.. TO PRESERVE THEIR RIGHT TO FILE A CLAIM OR LIEN AGAINST YOUR PROPERTY CERTAIN CLAIMANTS SUCH AS SUBCONTRACTORS OR MATERIAL SUPPLIERS ARE REQUIRED TO PROVIDED YOU WITH A DOCUMENT ENTITLED 'Preliminary Notice' PRIME CONTRACTORS AND LABORERS FOR WAGES DO NOT HAVE TO PROVIDE THIS NOTICE. A PRELIMINARY NOTICE IS NOT A LIEN AGAINST YOUR PROPERTY.ITS PURPOSE IS TO NOTIFY YOU OF PERSONS WHO MAY HAVE A RIGHT TO FILE A LIEN AGAINST YOUR PROPERTY IF THEY ARE NOT PAID.NOTICE: Reports on this structure prepared by various registered companies should list the same findings (i.e. termite infestations, termite damage,fungus damage, etc.). However, recommendations to correct these findings may vary from company to company. You have a right to seek a second opinion from another company.The Exterior surface of the roof was not inspected. If you want the water tightness of the roof determined, you should contract a roofing contractor who is licensed by the Contractors' State License Board. This company will reinspect repairs done by others within four months of the original inspection. A charge, if any, can be no greater than the original inspection fee for each re inspection. The re inspection must be done within ten (10) working days of request. The re inspection is a visual inspection and if inspection of concealed areas is desired, inspection of work in progress will be necessary. Any guarantees must be received from parties performing repairs. `'"We enclose our bill for our Inspection Fee and our Report. This Report is not to be used to satisfy escrow requirements unless our inspection fee is paid"" NOTE: SOME WOOD REPAIR MAY UNCOVER ADDITIONAL DAMAGE OR INFESTATION THAN INITIALLY REPORTED AT TIME OF INSPECTION. IF SO, A SUPPLEMENTAL REPORT WILL BE ISSUED AND ADDITIONAL COST MAY APPLY. NOTE: AREAS ABOVE THE FIRST STORY EAVES ARE INACCESSIBLE FOR PHYSICAL INSPECTION DUE TO HEIGHT, AND ARE NOT INCLUDED IN OUR REPORT, UNLESS A VISUAL INSPECTION FROM THE GROUND REVEALED CONDITIONS THAT NEED FURTHER INSPECTION. NOTE. ANY AREAS BENEATH A TACKED -DOWN CARPET IS CONSIDERED INACCESSIBLE FOR INSPECTION. NOTE: We offer a one year warranty for repairs and treatment, and a two year warranty on fumigations, from date of completion. What is Wood Destroying Pests and Organism Inspection Report? Please pay attention to the following two paragraphs which explains the scope and limitations of a Structural Pest Control Inspection and a Wood PAGE 3 OF STANDARD INSPECTION REPORT OF THE PROPERTY LOCATED AT: Building No. / Street City Zip Date Of Inspection 2915 E 60th PI. Unit S Huntington Park CA 90255 10/12/17 REPORT# ja3332 Destroying Pests and Organisms Inspection Report. A Wood Destroying Pests And Organisms Inspection Report contains findings as to the presence of absence of evidence of wood destroying insects or organisms in visible and accessible areas on the date of inspection and contains our recommendations for correcting and infestations, infections, or conducive conditions found. The contents of the Wood Destroying Pests and Organisms Inspection Report are governed by the California Structural Pest Control Ace its Rules and Regulations. Some structures may not comply with building code requirements or may have structural plumbing, electrical, heating and air conditioner, or other defects that do not pertain to wood destroying organisms. A Wood Destroying Pests and Organisms Report does not contain information about any such defects as they are not within the scope of the license of the inspector or the company issuing this report. Local treatment is not intended to be an entire structure treatment method- If infestations of wood -destroying pests extends or exists beyond the area(s) of local treatment, they may be exterminated. BUILDING PERMITS: In some cases, report items listed will require a building permit from the local building department. Any additional work required by the local building department, or required to remedy additional damage not noted in the report, but discovered in the performance of the work agreement, or change in the manner of scope, type, or the nature of the work item to be performed, due to the request of the building department or any other party, will not be done until a separate written agreement is authorized by the Customer of Customer's Agent, and accepted by WARRIOR TERMITE This property was inspected for visible and accessible evidence of wood destroying organisms such as wood rot by fungi. The inspection and this report do not address fungi other than wood destroying fungi, nor do they assess the health impacts of any fungus, including wood destroying fungi. We are neither qualified, authorized nor licensed to inspect for health -related fungi, including molds, or to make an opinion as to the health impacts of any fungus, including wood rot fungi. If you desire information about the presence or absence of health -related fungi, including molds, you should contact a qualified industrial hygienist or other relevant health professional. HOMEOWNER PROTECTION POLICY A Homeowner Protection Policy may be available at the end of the Guarantee Period. WARRIOR TERMITE always strives to provide its customers with the most efficient methods of pest control. We continually provide our employees with constant, on going education so they can provide our customers with the best possible service results, and so we can use pesticides in the safest possible manner for our customers and ourselves. In accordance with our sense of responsibility for the safety of our customers and employees, we ask that you read the following: CALIFORNIA STATE LAW REQUIRES THAT YOU BE GIVEN THE FOLLOWING INFORMATION: CAUTION -PESTICIDES ARE TOXIC CHEMICALS Structural Pest Control Companies are registered and regulated by the Structural Pest Control Board, and apply pesticides which are registered and approved for use by the California Department of Pesticides Regulation and the United States Environmental Protection Agency. Registration is granted when the state finds that based on existing scientific evidence there are no appreciable risks if proper use conditions are followed or that the risks are outweighed by the benefits. The degree of risk depends upon the degree of exposure, so exposure should be minimized If withing 24-hours following application you experience symptoms similar to common seasonal illness comparable to the flu (Pesticides with non flu like symptoms are asterisked below), contact your physician or poison control center (telephone number listed below) and your pest control operator immediately. For further information contact any of the following: 562-674-4704 WARRIOR TERMITE; Poison Control Center: 800-876-4766 Health Questions - County Health Departments: Imperial 760-482-4438 Kern 661-321-3000 Orange 714-834-7700 Los Angeles 213-250-8055 San Bernardino 909-387-6280 San Diego 858-505-6700 Santa Barbara 805-681-5102 Riverside 909-358-5000 Ventura 805-981-5221 Application Information - County Agricultural Commissioner: Imperial 760-482-4314 Kern 661-868-6300 Orange 714-995-0111 Los Angeles 626-575-5465 San Bernardino 909-387-2115 San Diego 858-694-2739 Santa Barbara 805-934-6200 Riverside 951-955-3045 Ventura 805-477-1620 Regulatory Information - The Structural Pest Control Board: 916-561-8704 2500 Evergreen Street, Suite 1500, Sacramento, CA 95815. TERMITE AND FUNGUS CHEMICAL Altriset Termiticide - Active Ingredient Chlorantraniliprole Tim-Bor - Active Ingredient DisodiumOctaborateTetrahydrate Cy -Kick - Active Ingredient Cyfluthrin f PAGE 4 OF STANDARD INSPECTION REPORT OF THE PROPERTY LOCATED AT: Building No. / Street City Zip Date Of Inspection 2916 E 60th PI. Unit S Huntington Park CA 90255 10/12/17 REPORT# ja3332 Concierge Escrow Service, Inc. 12631 E Imperial Highway Santa Fe Springs, CA 90670 P: (949) 954-6571 • F: (949) 954-6575 Eulises A Perez RE: Property Address: 2915 East 60th Place #S, Huntington Park, CA 90255 DOCUMENT APPROVAL The undersigned hereby acknowledge receipt of a copy of the following documents: Covenants, Conditions and Restrictions ® Articles of Incorporation ® By -Laws ® Signed Budget and Financial Statement for the current year ® Most recent 12 months of minutes Date: November 6, 2017 Escrow No.: 5044-LA For the North Park HOA, which affects the property being conveyed in the above numbered escrow. Date: BUYER: Eulis A P ez 11/14/2017 Concierge Escrow Service, Inc. Mail - RE: 2915 EAST 60th place #S. Huntington Park/ 5044 Letty Ascencio <Jetty@conciergeescrowservice.com> RE: 2915 EAST 60th place #S, Huntington Park/ 5044 1 message Valentina Rios <vrios@hoagpropertymgt.com> Tue, Nov 14, 2017 at 8:22 AM To: Letty Ascencio <Jetty@conciergeescrowservice.com> Good morning Letty, apply. Thank you, As today 11/14/17 Seller still owes November dues $270.00, if payment is received after the 15th a late fee will ✓,AtfNTfNA RIDS Escrow Project Director/Realtor Hoag Property Mgt, Inc. 10551 Paramount Blvd, Downey„ CA 90241 CA P,RE 2017291 vrios@hoagpropertymgt.com (562) M-1556 Ext. 115Work From: Letty Ascencio[mailto:letty@conciergeescrowservice.com] Sent: Monday, November 13, 2017 5:58 PM To: Valentina Rios <vrios@hoagpropertymgt.com> Subject: 2915 EAST 60th place #S, Huntington Park/ 5044 Hello Valentina, We have officially closed this transaction as of today. Can you confirm that the city (seller) paid November's dues? https://mail.google.com/mail/u/0/?ui=2&ik=c6e3O96944&jsver=M-xhRWnOlpO.en.&view=pt&search=inbox&th=15fbb57663741772&siml=15fbb5766374... 1 /2 HOAG PROPERTY MANAGEMENT, INC. 10551 Paramount Blvd., Downey, CA 90241 (562) 869-1556 Fax (562) 862-1723 ASSOCIATION ESCROW DEMAND FORM October 19, 2017 Escrow Company: Parkfield Escrow Inc. Escrow #: 14891-LA Association Name: North Park HOA - 391 Property Address: 2915 E. 6011 PI. #S Huntington Park, CA 90255 Present Owner (s) of Record: City of Vernon MONTHLY ASSOC. FEES ARE: $ 270.00 LATE CHARGES ARE: 10.00 AFTER THE 15TH OF EACH MONTH ----------------------------------------------------------------------------- ----------------------------------------------------------------------------- STATEMENT OF ACCOUNT Assoc. fees due $ Late charges due $ Special Assessment due $ Demand fees due $ TOTAL ASSOC. FEES $ 0.00 Next HOA payment due: NOVEMBER 1ST 2017 Make check payable to: NORTH PARK HOA PLEASE CONTACT THE FOLLOWING FOR INSURANCE INFORMATION: Condo/Assoc. Policy Fidelity Policy Insurance Company: State Farm Insurance Insurance Agent: Robert Priest Phone #: (909) 621-9935 Policy #: 92-UM-8297-8 Expiration Date: August 14th, 2018 SPECIAL NOTE: Homeowner is required to carry HO-6 insurance for all Freddie Mac/Fannie Mae loans. PROPERTY #: 391 UNIT#: 2915 E. 60TH # S H.P Escrow # 14891-LA THIS FORM TO BE RETURNED WITH CHECKS AT CLOSE OF ESCROW. Escrow Company: Parkfield Escrow Inc. Address: 12631 E. Imperial Hwy. A-213 Santa Fe Springs, CA 90670 Escrow Officer: Letty Ascencio E-Mail: lettti,(auarkfieldescrow_corn Telephone #: ------------------------------------------------------------------------------------ (949)954-6571 FAX: (949) 954-6575 ------------------------------------------------------------------------------------ STATEMENT OF DOCUMENT FEES YOUR ORDER Escrow Demand Processing/Transferfee $210.00 $ 210.00 Articles of Incorporation §4525(a)(1) $12.00 $ 12.00 Budget §§5300/4525(a)(3) $ 8.00 $ 8.00 By Laws §4525(a)(1) $15.00 $ 15.00 CC & R's: §4525(a)(1) $22.00 $ 22.00 Certificate / Questionnaire $35.00 $ Collection Policy §§5310/4525(a)(4) $10.00 $ Financial Statement: §§5305/4525(a)(3) $10.00 $ 10.00 Insurance (Master/Bond) §§5300/4525(a)(3) $4.00/2.00 $ 2.00 Meeting Minutes §4525(a)(10) $5.00 per month $ 15.00 Reserve Study §§5300/4525(a)(4) $3.00 $ Rules & Regulations: §4525(a)(1) $15.00 $ 15.00 58 61 Annual Meeting Procedures Included at No Cost Updated Demand $20.00 Expedite Charges $60.00/30.00 $ Total Amount Due $ 309.00 Amounts Received Chk#10842 10/16/17 S 204.00 TOTAL BALANCE DUE $ 105.00 Please provide us with the full name and mailing address of the buyer (s) with the closing checks. We cannot record the change of ownership until all fees and dues are received. Please issue check for "Total Due at Close of Escrow' payable to: HOAG PROPERTY MANAGEMEhT,_INC New Owner (s): Eulises A Perez Property address: 2915 East 60th Place #S, Huntington Park, CA 90255 Mailing address: 2915 East 60th Place #S, Huntington Park, CA 90255 Close of escrow date: 11.13.2017 HOAG PROPERTY MANAGEMENT, INC. Date: October 19, 2017 Completed by: Ar Valentina Rios/Escrow Project Dr./Realtor PROPERTY MANAGEMENT SINCE 1951 October 18, 2017 Letty Ascencio Parkfield Escrow Inc. 12632 E. Imperial Hwy. A-213 Santa Fe Springs, CA 90670 RE: North Park Homeowners Association — 2915 E. 60th PI. # S Huntington Park, CA 90255 Attention: Letty Ascencio, Escrow Officer Please put the buyer on notice that the Association, and/or the Hoag Property Management, Inc., has not inspected the unit <or lot> described above and does not make any representations regarding CC&R's, rules, or Architectural violations that may exist in the unit <or lot>. Please notify the buyer that if the Association subsequently learns of any such violations, it will hold the Buyer responsible for correcting those violations. Accordingly, the Buyer should make a thorough investigation to determine if any violations exist and should also request disclosure by the Seller of known or suspected violations. Such violations should be corrected prior to the close of escrow. Also, please put the Buyer on notice that the information provided by the association is NOT A WARRANTY of any kind by the association or any of its directors, officers, employees, or agents and/or the Hoag Property Management Inc., and is not a substitute for any due diligence inspections or investigations by the buyer. BUYER SHOULD THOROUGHLY INVESTIGATE ALL ASPECTS OF THE PURCHASE AND SHOULD OBTAIN PROFESSIONAL ADVISE AND/OR RETAIN EXPERTS, IF NECESSARY, TO ASSIST IN THE INVESTIGATION. Sincerely, Hoag Property Management, Inc. For: North Park Homeowners Association HOAG Property Management, Inc. 10551 PARAMOUNT BOULEVARD, DOWNEY, CALIFORNIA 90241-2499 • PHONE (562) 869-1556 • FAX (562) 862-1723 E-MAIL: hoagprop ertymgt.com • DRE #01237236 CERTIFIED PROPERTY MANAGEMENT FOR: APARTMENTS • HOMES • DUPLEXES • CONDOMINIUM UNITS CONDOMINIUM ASSOCIATIONS • SHOPPING CENTERS • OFFICE BUILDINGS • RETAIL STRIP CENTERS • INDUSTRIAL PROPERTIES OocuSign Envelope M OA544507-17ES 40&S-BFSB-E151OD475FE4 CAL FOPLNi A A S 5 O C I A T I O N SELLER PROPERTY QUESTIONNAIRE OF R.E A L T O fit 5 (O AR Form SPQ, Revised 12/16) This form is not a substitute for the Real Estate Transfer Disclosure Statement (TOS). It is used by the Seller to provide additional Information when a MS is completed. If Seller Is exempt from completing a MS. Seller should complete an Exempt Salter Disclosure (C.A.R. Form ESD) or may use this form instead. 1. Seller makes the following disclosures with regard to the real property or manufactured home described as 2915 E. 60th P1. MS , Assessor's Parcel No. 6310-023-270 situated in Huntington Park County of Los Angeles California ('Propertyr). II, The following are representations made by the Seller and are not the representations of the Agent(s), if any. This disclosure statement is not a warranty of any kind by the Seiler or any agents(s) and Is not a substitute for any inspections or warranties the principal(s) may wish to obtain. This disclosure is not Intended to be part of the contract between Buyer and 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 aftomay. Ill. Note to Seller. PURPOSE: To tell the Buyer about known material or s)gpjficant j)gM affecting the value or desirability of the Property and help to eliminate misunderstandings about the condition of the Property. . Answer rased 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 Propery, 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 MS, 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 mateppjg rj kms affecting the value or deafrabifity, 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 Seller. . If something is Important to you, be sure to put your concerns and questions in writing (CA.R. form BMI). a Sellers can only disclose what they actuafty know. Sailer may not know about all material or significant Items. a Seber's disclosures are not a substitute for your own Investigations, personal judgments or common sense. 11. SELLER AWARENESS: For each statement below, answer the question "Are you (Seller) aware of..." by checking either "Yes" or "No." Explain any "Yes" answers In the space provided or attach additional comments and check section VI. A_ STATUTORILY OR CONTRACTUALLY REQUIRED OR RELATED: ARE YOU (SELLER) AWAREOF 1. Within the last 3 years, the death of an occupant of the Property upon the Property ................ ( ] Yes jwj No 2. An Order from a government health official idenlifying the Property as being contaminated by mathemphetamine. (If yes, attach a copy of the Order.) ................................... .. ( J Yes [ VA 3. The release of an illegal controlled substance on or beneath the Property ........................ ( i Yes 4. Whether the Property Is located in or edAcent to an'industrial use' zone ........................ [ j Yes ( Io (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 ................. ( j Yes [✓j o 6. Whether the Property is faceted within t mule of a former federal or state ordnance location.......... [ J Yes [Na (In general, an area once used for military training purposes that may contain potentially explosive munitions.) 7. Whether the Property is a condominium or located in a planned unit development or other common Interest subdivision........................................................... ( ) Yes [ 8. insurance claims affacting the Property within the past 5 years ............ . ................... ( j yes [ o 9. Matters affecting fide of the Property ..................................................... [ j Yes [ I N0 10. Material facts or defects affecting the Property not otherwise disclosed to Buyer ................... ( j Yes [✓j No 11. Plumbing fixtures on the Property that are non-compfient plumbing fixtures as defined by Civil Code Section 1101.3.................................................... ( ( Yes [�o Explanation, or ( ) (if checked) see adached; DE Buyefs InitJ3llr �,P ) Se let's intialf ( CF ) t i ® 2005-2Di6 Carforma Asiocatan of REALTMS3 .r• SPQ REVISED 12116 (PAGE 1 OF 4) �y _ SELLER PROPERTY QUESTIONNAIRE iSPQ PAGE 1 OF 41 C[n4'+1 71 AW.m Y,ywtuu M:, • :��.�,f, (LL'-C � %EI+J_. . :: 4: .pfry fit �!•-a9 -t::t Nt+im �S}:c .IIWt1:n•v a-t 0=jSlgn E:,VElope lD OA54.4507-17E,'4B84.BF13E EI5-.DD475FE4 Property Address: 2915 E. 60th F1. #S Huntington Park CA 90255 Date: J� 18 ?OT T 8. REPAIRS AND ALTERATIONS: ARE YOU (SELLER) AWARE OF.,. I. Any alterations, modifications, replacements, improvements, remodeling or material � repairs on the Property (including those resulting from Home Warranty claims) ......... . ...... ( J Yes [✓) No 2. Any alterations, modifications, replacements, improvements, remodeling, or material repairs to the Property done for the purpose of energy or water efficiency Improvement or renewable energy?. . . ...... ....... ........ ( ) Yes [ 3. Ongoing or recurring maintenance on the Property (for example, drain or sewer clean-cut, tree or pest control service) .... . ........... ........... ( j Yes (�/j�N 4. Any part of the Property being painted within the past 12 months ............................... ( j Yes ( !o 5, 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 ................... [ ) [�o ... ... ................. ......... Yes 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, elecMcal, plumbing (including the presence of poybutylene pipes), water, sewer, waste disposal or septic system, sump pumps, woo, roof, gutters, chimney, fireplace, fourxtadon, crawl space. attic, soil, grading, drainage, retaining walls, interior or exterior doors, windows, walls, callings, floors or appliances ........ .................................. .. ..... 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 lank (a) Yes ( ) [� ......... .... ....... 3. An alternative septic system on or serving the Property ......... . ..... ... ( j Yes [No [ j Yes (,,,rNo 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, dire 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 structure on the Property; leaks from or in any appliance, pipe, slab or roof: standing water, drainage. flooding, underground water. moisture, water -related self settling or slippage, on or affecting the Property .. ... .... ( ) Yes [✓j No 2, Any problem with or infestation of mold, mildew, fungus or spores, past or present, on or affacting the Property ............... ( J Yes (✓fNo 3. Rivers, streams, flood channeis, underground springs, high water table, floods, or Was, on or affecting the Property or neighborhood ... ...... [ j Yes j✓No Explanation: F. PETS, ANIMALS AND PESTS: ARE YOU (SELLER) AWAREpf 1. Pets on or In the Property ..................... ..... I ... ........... .... .......... 2. Problems with livestock, wildlife, insects or pests on or In the Property ( j Yes [ ✓ o ............. .... ....... ( 3. Past or present odors, urine, faces, discoloration, stains, spots or damage in the Property, due to any of the above j Yes ( No ....... ( 4. Past or present treatment or eradication of pests or odors, or repair of damage due to any of J Yes[ ✓) Rjo theabove .. ......................................... . . .......... .... .... .. . [ j Yes j No N so, when and by whom Explanation: Buyer's Wllals 'C'y ) I SPQ REVISED 12116 (PAGE 2 OF 4) m Sellers in!tials FCF ; 1 LLER PROPERTY QUESTIONNAIRE (SPQ PAGE 2 OF 4) P.w :C-1h vlFcj Set 18070F fi—k1ia Road Aniw /Aagai<:Or .w+Zjg x Uxiit7et DocuSign Envelope ID DA544507-17E84084.BFBB-E751DD475FE4 Properly Address 2915 E. 601h P1. 'IS, Huntington Park, CA 90255 Date Jul 16 2017 G. BOUNDARIES, ACCESS AND PROPERTY USE BY OTHERS ARE YOU (SELLER) AWARE O 1. Surveys, easements, encroachments or boundary disputes ( j Yes ( L,11 o 2. Use or access to the P operly, or any part of it, by anyone other than you, with or without permission, for any purpose, Including but not limited to, using or maintaining roads, � � driveways or other forms of ingress or egress or other travel or drainage ............. I ........... ( J Yes (V J ry 3. Use of any neighboring properly by you ............... ( ) Yes ( Nc Explanation P,«€ �cti/� ypf{- ,GCS . /poi 11.�QT! H. LANDSCAPING, POOL AND SPA: ARE YOU (SELLER) AWARE 0�,. 1. Diseases or infestations affecting trees, plants or vegetation on or near the Property .... .......... [ ]Yes ( o 2. Operational sprinklers on the Property .................. .... ............................ { ) Yes (a) If yes, arethey [ J automatic or t ] manually operated. (b) It yes, are there any areas with trees, plants or vegetation not covered by the sprinkler system , ... ( 3. A pool heater on the Property ] Yes .......................................................... ( ] Yes [ If yes, is it operational? ............. ( J Yes ( j No 4. A spa heater on the Properly, ................................. .... .. . ( ] Yes (c 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 vrater-related decor Including any ancillary equipment, including pumps, filters, heaters and cleaning systems, if even repaired ... ( ] Yes (j`No Explanation: �2 xc-p- �✓ f/Y�iQ 1jOC 5 . $�zl �iQ fy -S G/k1/T�/J /�YfaR�-l/f 7�a7✓ . 1. CONDOMINIUMS, COMMON INTEREST DEVELOPMENTS AND OTHER SUBDIVISIONS: ARE YOU (SELLER) AWARE OF... I. 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 (� 2. Any declaration of restrictions or Architectural Committee that has authority over Improvements made on or to the Property ............. ....................................... [ ] Yes 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 [ t�c Explanation: /��/f-SE ,Q�t�/�yy /`/ram Z2�-�S' , SLcZ��LGip �fyS G/M/TKO //V�t�7PM/f-TlL'Yt/ J. TITLE, OWNERSHIP LIENS, AND LEGAL CLAIMS: ARE YOU (SELLER) AWARE 1. Any other person or entity on litre other than Sellers) sigNng this form... .. .. .. ( j Yes (v, �P! 2 Leases, options or claims affecting or relating to title or use of Me Property ...... ( J Yes [ Kno 3. Past, present, pending or threatened lawsuits, settlements, mediations, arbitrations, tax liens, mechanics' liens, notice of default, bankruptcy or other court filings, or govemment hearings effecting or relating to the Property, Homeowner Association or neighbofinod ............. ...... ( j Yes ( LJ'No 4. Any private transfer fees, triggered by a sale of the Property, in favor of private parties, charitable I organizations, interest based groups or any other person or entity ....... ........ [ I Yes [ ✓fNo S. Any PACE lien (such as HERO or SCEIP) or other lien on your Property securing a loan to pay � for an alteration, modification, replacement. Improvement, remodel or material repair of the Property? . ( ] Yes ( � 6. The cost of any alteration, modification, replacement, Improvement, remodel or material repair of the Property being paid by an assessment on the Property tax bill? ......... ( j Yes (c Explanation: ' ' K. NEIGHBORHOOD: ARE YOU (SELLER) AWARE OF.,. 1. Neighborhood noise, nuisance or other problems from sources such as, but not fmited to, the Ulowing: neighbors, traffic, parking congestion, airplanes, trains, light rail, subway, trucks, Buyer's Initials L' P ) 1 LC Sailers Initialsi SPQ REVISED 12116 (PAGE 3 OF 4) SELLER PROPERTY QUESTIONNAIRE (SPQ PAGE 3 Cz 4) 12� wcaud.+� q:crtaoorxl g. 190,CnneeneueNo.d.F—w Wcrq. 430:3 + ,LOmuw —�°`�` DpcuSignEnvelope lD OA5445Di-1)E8-'084•BFBB•E151DD475FE4 Prepeny Address: 2915 E. 60th P1. (tS Huntington Park, CA 90255 Date: July 18, 2017 freeways, buses, schools, parks, refuse storage or landfill processing, agncultural operations, business, odor, recreational facilities, restaurants, entertainment complexes or facilities, parades, sporting events, taus, neighborhood parties, litter, construGl on air conditioning equipmew, air compressors, generators, pool equipment or appliances, underground gas pipelines, cell phone towers, high voltage transmission if or wildlife .... (�es [ I No Explanation: AlLst—sx-- erTw L_ GOVERNMENTAL: ARE YOU (SELLER) AWARE OF.. t. 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.. .. . ...... [ 3. Existing or contemplated building or use moratoria that apply to or could affect the Property .. ...... ( ( Yes [111V�N ] Yes jVj1NG 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 ...................... [ 5. Proposed construction, reconfiguration, or closure of nearby Government facilities or amenities such as schools, roadways and traffic signals ] Yes (�Nd parks, ........... ...... ( ] Yes ] Na 6. Existing or proposed Government requirements affecting the Property (i) that tall grass. brush or other vegetation be cleaned: (5) that restrict tree (or other landscaping) planting, removal or cutting or (lit) that flammable materials be removed ........... . .......... .. ..... . .... [ ] Yes (V<No 7. Any protected habitat for plants, trees, animals or insects that apply to or could affect the Property............................................................... ( ]Yes (I/JNo 8, Whether the Property is historically designated or falls within an existing or proposed Historic District ✓j ......................................................... [ B. Any water surcharges or penalties being Imposed by a public or privets water supplier, agency or utility; or restrictions or prohibitions on wells or other water supplies j Yes j No ground .... ....... [ I Yes (vj1N. Explanation: /�LF$E !r'�Efi/�YYfy7>/f ROCS. M. OTHER: ARE YOU (SELLER) AWARE OF 1. Reports, inspections, disclosures, warranUes, maintenance recommendations, estimates, studies, surveys or other documents, pertaining to (1) the condition or repair of the Property or any Improvement on this Property In the past, now or proposed, or (it) easements, encroachments or boundary disputes affecting the Property whether oral or in writing and whether or not provided to the Seller..... . ( ] Yes [,4N`io (If yes, provide any such documents in your possession Io Buyer.) 2. Any occupant of the Property smoking on or in the Property.... ( j Yes (vN0 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 Nu Explanation: �vvL��¢� c.�/Hv 1-10.4 DES VI. [ ) (IF CHECKED) ADDITIONAL COMMENTS: The attached addendum contains an explanation or additional comments in response to specific questions answered 'yes" above Refer to fine and question number in explanation Seller represents that Seiler 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 Settees knowledge as of the date signed by Seller. Seller acknowledges p) 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 III) nothing that any such real estate licenses does or says to(to Seller from his/her own duty of disclosure. 1�/12/2017 Seller I G,,,[,j F,MdL,a Data Seller rrseraeorcee+so Data By signing below, Buyer acknowledges that Buyer has read, understands and has received a copy of this Seiler Property Questionnal for Buyer Date ,0/) Buyer Date m 21X15-2016 Cat6xno Anooalon a7 RFILLTORSO, by- THIS FORA HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTDR% (CAR.i NO REPRESENTATION Is MADE AS TO THE LEGAL VALIDITY OR ACCURACY OF ANY PROVISION IN ANY SPECIFIC TAANSACTHMi A REAL ESTATE BROKER IS THE PERSON OLIALFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE CONSULT AN APPROPRIATE PROFESSIONAL Pub1 shad and D'stnbutad 6y WE I REAL ESTATE BUSINESS SERVICES, INC. a wbSdwy Id the CAUFORNIA ASSOCIATION OF REAL TORSS 525 South WQY A:enM Los An9e125. Caldomia 91=0 Re.laned by Data oA SPQ REVISED 12116 (PAGE 4 OF 4) SELLER PROPERTY QUESTIONNAIRE (SPa PAGE 4 OF!,) Prceuced 1, d*F-"O by dp1.094 11070 F-11 9 We Rua. Frain W;ngtn•e)7a --, -,— uaduN CocuStcnEnvelope 10 OA544507-17E84C64-BFSB-E151G0475FE4 4,4k A 5 5 U r I A T t (} I`) REAL ESTATE TRANSFER DISCLOSURE STATEMENT V (CALIFORNIA CIVIL CODE 51102, ET SEO.) Vey OF R L A L T O R S (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 2915 E. 60th Pl. #S 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) August 25, 2017 . 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 liens on residential property). Substituted Disclosures: The following disclosures and other disclosures required by law, including the Natural Hazard Disclosure ReportlStatement 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 forth, 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: II. 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 agents) 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), 1F ANY. THIS INFORMATION IS A DISCLOSURE AND IS NOT INTENDED TO BE PART OF ANY CONTRACj BETWEEN THE BUYER AND SELLER. seller in is notoccupying the Home A. The subject property ilea the Items checked below: Y nge WalAVindow Air Conditioning ,/oven Sprinklers wave Aublic Sawer System ishwasher Septic Tank Rsh Compactor Sump Pump ✓Crarbage Disposal Vfater Sortener %-,WyashedDryer Hookups allo/Decking Rain Guitars Built-in Barbecue %,:Qarglar Alarms Gazebo ,/ rhon Monoxide Devices) Security Gata(s) Smoke Detectors) re Alarm Gars Antema Ie1111a Dish ttaclred Not Attached �rpon I ream balHeetlng lomatic Garage Door Opener(s) Number Remote Controls Sauna elttral Air C"lloring Hot TubASpa: Evapotalor Cookws) Looking Safety Cover Exhaust Fan(s) In 220 Volt wiring In Gas Starter Roogs): Type: OUur: �ool: Child Resistant Barrier ,/rtooyspa Heater. !' Gas Solar Eleddc vl6er Healer. qF� R45177pW Gas Solar Electric Water Supply ./fifty well Private Utility or Other Gas ply: tillry Bottled (Tank) ndow Screens Window Security Bars Quids Release Mechanism or eedmom Windows Water -Conserving Plumping Fodures "eplace(s) In Age: (approx ) Ake there, to the bast of your (Sellers) knowledge, any of the above 021 are not In operating condition7('1es )No. If yes then describe. (Attach additional sheele If necessary): (•sae note on page 2) Buyers Initials ( GN ) ( Sellers cabals ( CF ) Otrat - 2era. Caklwnk Also" x, or RBALTOM TDS REVISED 4114 (PAGE 1 OF 3) Itwiawed by Dale REAL ESTATE TRANSFER DISCLOSURE STATEMENT (TDS PAGE 1 OF 3) rthlur, 11 WWI-91�i Ttlgr,ph aq 2, d n rpkA.r...,,. a92 W:1•I F OacuSign Envelope ID 0A544501-17E8-:084.51`58-E15100475PE4 Property Address: 2915 E 60th Pr p5, Huntington Park CA 90255 Dale. August 25, 2017 B. Are you (Sallee) aware of any significant defeclslmalfunc ions to any of the following? Yes No f yes, check appropriate space(s) below. Interior Walls Ceilings Floors Exterior Walls Insulation Roofs) Windows Dcors Foundation Slab(s) Driveways Sidewalks WalisfFences Electrical Systems Pkrmbing1Sewer—sJSeptirs 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 bander may not be in compliance with the safety standards relating to, respectively, carbon monoxide device standards of Chapter B (commencing with Section 13260) of Part 2 of Division 12 of, automate reversing device standards of Chapter 12,5 (commencing with Section 19690) of Part 3 of Division 13 of, or the pool safety standards of Ar'ucte 2.5 (commencing with Section 115920) of Chapter 5 of Part 10 of Division 104 of, the Health and Safety Code. Window security tears may not have quick-relaase 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 bull on or before January 1, 1994, to be equipped with water -conserving plumbing fixtures after Jamkuy 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 Fixwres 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 contandnated soil orwater on Ole 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 IN subject property ....... . ...... ...... Yes o 3. Any encroachments, easements or similar matters that may affect your interest in the subject property ......... Yes c 4. Room additions, structural modifications, or other alterations or repairs made without necessary permits ... . Yes C&D S. Room additions, structural modifications, or other alterations or repairs not in compliance with building codes Yes 6. Flli (compacted or otherwise) an the property or any portion thereof... .. Yes 7. Any settling from any cause, or slippage, sliding, or other soil problems .. Yes CNZ S. Flooding, drainage or grading problems .. . ...................... .. Yes 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 11. Neighborhood noise problems or other nuisances ... . ................. . ..... ... . .......... Yes N 12. CC&R's or other deed restrictions or obligations ... . ............. . Y a 13. Homeowners' Association which has any authority over the subjed property .. ........ . ........... a 14. Any •common area" (facilities such as pools, tennis courts, walkways, or other areas co -owned In undivided Interest with othem) .. ........................... . .......... . ....... rliD No 15.Any notices of abatement or citations against the property ..... .. .... . ............................. as 16.Any lawsuits by or against the Seller threatening to or affecting ibis real property, claims for damages by the Seiler 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 to this real property or 'common areas' (facilities such as pools, tennis courts, walkways, or other areas co-ownad in undivided interest wit��-177) hothers) ............................. , ............. ............................... .. . Yes CN if the answer to any of these is yes, explain. (Attach additional sneers If necessary,).13.14. Under HOA D. 1. The Seiler certillas that the property, as of the dose of escrow, will be in compliance with Section 13113.8 of the Health and Safety Code by having operable smoke detedor(s) which are approved, listed, and Installed in accordance with the Stale Fire Marshers regulations and applicable local standards 2. The Seller certifies that the property, as of the dose of escrow, will be In compliance wrth Section 19211 of the Health and Safety Code by having the water heater tank(s) braced. anchored, or strapped In piece In accordance with applicable law. Buyers Initials ( ET ) ( TDS REVISED 4114 (PAGE 2 OF 3) as Seller's Initials CF 1{ Ft";ew d by Otte REAL ESTATE TRANSFER DISCLOSURE STATEMENT (TOS PAGE 2 OF 3) 1na02y L0tG;m 180 1,4Jvj0 44026 . 1 ,.A;W OccuSlgr.Envelc,oeto OAS44507-17EB-IC84.BFBB-E151DO975FEe Frap" Address: 2915 E 60th PI AS. Huntington Park, CA 90255 Date August 25, 2017 Seller Ce lies III �ueMormatlon hataln In true and correct to the best of the Seller's knowledge as of the date signers bylhe SallBr� Seller C„(v3 F.udnu Date 1v��11[/Lvl Serer °.' Date III. AGENT'S INSPECTION DISCLOSURE (To be completed only it the Seller is reprasenled by an agent in this transacuan.) 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 /ol)owing items: Agent (Broker Representing Seller, Century 21 Allstars By L.GLI`YLB'Y' SG AZA&L Date 10/24/2017 (Please Print (Associate Licenses or Broker Signature) Luther Sanchez IV. AGENTS INSPECTION DISCLOSURE (To be completed only it the agent N11D 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 DLSClosure (AVID Form) Agent notes no hams for disclosure Agent notes the following Items Agent (Broker Obtaining the Offer) Vi CY /: U L P (Please Print) By Ole 1�/�� (AsSO a �censee or Buster Signature kEY/N WAN Q-r 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 ADVICEANSSPECTIONS/DEFECTS. IfWE ��rDGE RECEIPT OF A COPjrjTn§j�TATEMENT. Seger GAria� FnA�A, 1Tf�� BuyerDate r0 Z , i, Seller otrTNrLee4S0 Date isuyer a Agent (Broker Representing Seller) Century 21 Alli By S� Date 10/24/2017 (Please Print) (Associate Licensee or Broker Srgnature) Luther Sanchez Agent (Broker Obtaining this Otter) C HLV &RO I.By nsee or Date (Please Print) (Associa 9roker Signature / SECTION 1102.3 OF THE CIVIL CODE PROVIDES A BUYER WITH xTHE 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 1S QUALIFIED TO ADVISE ON REAL ESTATE. IF YOU DESIRE LEGAL ADVICE, CONSULT YOUR ATTORNEY. 01991 -2014. CAdam4 Awo0aka d REALTOASa Iw tMIS FORM MAS SEEN APPROVED er TAE CAL FORMA ASSOCIATION OP REILTORSV (CAA) NO taEFRESENTATON 6 LL10E AS TO T1d LEGAL VALIDITY OR ACCURACY OF ANY PAOVIS�p4 IN AM SPECF:C TRANSACTION A REAL ESTATE Iii is THE PERSON OuAUREO TO ADVAE TRANSACTIONS IF YOU DESIRELEGAL ORTAK ADVICE CONSULT AM APPROPRIATE PROFESSIONAL, Oil REAL ESTATE Puefshed and Distrfhwed by . REAL ESTATE BUSINESS SERVICiS wC a drmsdamy d the Ce1lamle Asscrianml eracAi T.�RSa! 525 South VVO Avenue Los Angeas. Cardornla S0020 � wrww. TDS REVISED 4114 (PAGE 3 OF 31 Rumewea t>r Dale REAL ESTATE TRANSFER DISCLOSURE STATEMENT (TDS PAGE 3 OF 3) Flea . rraabbybplap. 19_10Ftl c M Rv Fa,a Mrcagaa A9a26 .`. j;2 2 [cn DocuSign Envelope ID OA544507-17EB-41084-BFBB-E151DO475FE4 ---------------------------------------- 1 t found the baokiel, The Hnrneowuer's Guide to Environmental Hazards and Earthquake Safety 1 (with gas shut-off valve update) which includes die federal Lead booklet 1711d Tu.ric Mold Update: j 1 Helpful 1 P Clearly written I Too detailed Confusing 1 1 Not detailed enough 1 I 1 i I The booklet helped me to locale earthquake weaknesses in my home 1 1 t have strengthened my home to resist earthquakes 1 t 1 I plan to tia m}' home's earthquake weaknesses. 1 t The booklet helped me find out that my home did not have any eanhounke weaknesses. 1 1 The year my home was built was 1 1 I 1 Cargnic'Nfs' 1 1 t 1 tt'e hart To Hear Front You, Califoinin Seismic Safety Commission 19GO K Street, Suite too Sacramento, California 95814-4186 ------------------------------------------------------- To Whom It May Concern I have received a copy of the Environmental Hazards and Earthquake Safety (with gas shut-off valve update) which includes the Federal Lead booklet and Toxic Mold Update, and Home Energy Ratinq booklet. Property Address: Date is 7-4' ' Dale Time IBupre Yenuunl lynnied neene) Dateto/zl//17 wAr-J&-, ifHL✓ CrRd to1� tauten e9emY eir ulmei IPrbtN nemel ierouer. nunel NOTE: For applicable transactions, it is also necessary to complete C.A.R. Standard form FLD-11 (Lead -based paint and Lead -based paint Hazards Addendum, Disclosure and Acknowledgement,) ALL SIGNERS SHOULD RETAIN A COPY OF THIS PAGE FOR THEIR RECORDS California Clint Code Section 2079.10 states that it the HERS booklet is providad to the Buyer by the Seller or Broker, then this booklet is deemed to be adequate to inform the home buyer about the existence of Cal fornia Home Energy Rating P(ogram. --- -————————- -— -— -— —- — — —- Re"Sed OW10 0ffC.lCAA'P.Wi:aaono9io ------------- To Whom It May Concern: I have received a copy of the Environmental Hazards and Earthquake Safety (with gas shut-off valve update) which includes the Federal Lead booklet and Toxic Mold Update, and Home Energy Rating booklet. Properly Address: 2915 E. ISM Pi. Unit S Huntington Paris CA DaT€�12/2017 Time Carlos Fandino tfeMn 9Jpnaunl IPlnho nun.) 779E7A007CE6.90 Date Time tsner a >I pnnuni (printed name) Date 10/12/2017 $ 0Z Luther Sanchez Century 21 Allstars lusilnp 49e1'19 09-1 ) (Printed mml Tim- 'e neme) NOTE: For applicable transactions, it is also necessary to complete C.A.R, Standard form FLD-11 (Lead -based paint and Lead -based paint Hazards Addendum, Disclosure and Acknowledgement) ALL SIGNERS SHOULD RETAIN A COPY OF THIS PAGE FOR THEIR RECORDS California Civil Code Section 2079.10 stales that if the HERS booklet is provided to the Buyer by the Seller or Broker then this booklet s deemed to be adequate to inlonn the home buyer about the existence of California Home l?.nergy Rat ng Program 1`14n91d 09, 10 01ma. C A A . Pub cal an 09 10 DccuSign Envelope ID: OA544507-17E8-4084-SF8&EI510D475FE4 Residential Earthquake Hazards Report (2005 Edition) City of Vernon 6.....i310-023-270 s,eee*~meals ,tie ew.r 2915 E. 60th PI. #S Huntington Park, CA 1985 tin um c•.rm an cope Huntington Park, Los Angeles 900 58 Answer Nose questons to the best 01 your knanledgc. If you do net have actual knosledge as to whether the weakness exists, answer 'Don't Knew' It your house does not have the feature, answer'Doesn I Apply' The page numbers :n the right-hand column indicate where In this guide you can rind Information an each of these fcalules doesn't 0_1 Sao Yes a Apply Know Page 1 Is the vralar heater braced, strapped, or anchored to resist falLng aunng an earthquake? ❑ ❑ 12 VC y 2. Is Via house anchored Of bolted to the foundation' ❑ ❑ 14 U 3. g the horse has cripple wahs 6 • Are the eaterwr cripple wads braced? ❑ ❑ El � 16 m • 11 the exterior foundation consists of unconnected concrete prom and posts, have W they been sfrenglhenetl) ❑ ❑ ❑ 18 w 4 If the exterior foundabon or part of u, rs made of urvernlorced masonry, has it been w strengthened? ❑ ❑ ❑ ®/ ZO 5 It the house Is built on a tullsics. • Are the exterior tall foundation walls braced? ❑ ❑ ❑ 21 'Q • Ware the 18i( polls or columns either bull to resist earthquakes or have they been svanglnened7 ❑ ❑ ❑ 22 ` ` 6. Nine eslenor wets of tote house, or part of them, are made of unrt:in(ortCd masonry have they bean strengthened? ❑ ❑ ❑ 24 � G 7. If the house has a hung area over ins garage, was ;he wall around the garage door u opening either bdi to res u earthquakes or has itbeen strengthened? Cl 11 ❑ 9/1"26 j 8. Is the house tuts de an Alquat-Pilofo Earthquake Fault Zone (zones immediately 3e a A surrounding known earthquake laufei)? To be reported on the NQ 9 IS the house outside a Sarsmlc Hazard Zone (cone rdenbfied as susceptible to kquotoctmn Natural Hazards Disclosure Rapon U m Y or landsidiali 72) If any of the questions are ansvrwed'Mo.' the house is Lkely to have an earthquake weakness Questions answered'Don't Know may indicate a need for further evalua:jOn. If you corrocied one or mom of these weaknesses. descrfba the work an a separate page As saber at the property described herein, I have answered the quaslions above to the hest of my knowledge in an effort to disclose (uby any perenbal earhquake weaknesses 11 may have EXEC &T6yI d GvLI F,A.�;Ad 10/12/2017 (Set _ 729EIAOOrCa649e — Isakl) Oar. I acknowledge receipt of this tom,. completed and signed by the sever I understand that d the seller has answered -No' to one or mote questions, 0 96I R:atad a tack of kraNedge, there may be one or more eanhquako weaknessas in Nis house. to z4 -L1 (auye) lauyal 1 Date This earthquake disclosure Is mad* In addiLLon to the standard real estaft uannrer disclosure statement also required by taw. The Homeowner's Guide to Earthquake Safety 47 * OLD REPUBLIC TITLE COMPANY ** ,I. * * A MEMBER OF THE OLD REPUBLIC TITLE INSURANCE GROUP 9155 Telegraph Rd. Suite 105, Pico Rivera, Ca 90660 562-942-7652 SUPPLEMENTAL REPORT Date: 11/8/17 To: Concierge Escrow 12631 E Imperial Hwy A-215 Santa Fe Springs, CA go670 Your Reference: 5044 Our Order number 2614022861-70 The above numbered report (including any supplements or amendments thereto) is hereby modified and/or supplemented in order to reflect the following changes. Please be advised items #12 thru 15 of our report dated 10/18/2017 will not show on our policy of title insurance when issued. Old Republic Title Veronica Loaiza-Concetti for David Boswell Title Officer cc: ORDER NO.: 2614022861 EXHIBIT A The land referred to is situated in the County of Los Angeles, City of Huntington Park, State of California, and is described as follows: Lot 22 of Tract No. 43028, in the City of Huntington Park, County of Los Angeles, State of California, as per Map Recorded in Book 1042, Page(s) 3 to 6 inclusive of Maps, in the Office of the County Recorder of said County. EXCEPT THEREFROM all oil, oil rights, natural gas, natural gas rights and other hydrocarbons by whatsoever name known, and all other minerals and mineral rights, whether or not similar to those herein mentioned, below a depth of 500 feet provided that Grantor shall not have any right of surface entry to drill, mine, explore or otherwise operate upon, in, through or under the land herein conveyed, in the exercise of the herein excepted and reserved rights as reserved by Edith A. Smith, in Deed Recorded August 18, 1983, as Instrument No. 83-958085, by Luis M. Guzman, in Deed Recorded June 17, 1983, as Instrument No. 83-683479, by Anna E. Erman in Deed Recorded June 6, 1983, as Instrument No. 83-628245, by Manuel De Leon and Maria De Leon, Roberto Garcia and Yolanda Garcia, in Deed Recorded August 8, 1983 as Instrument No. 83-910106, by Efrain Arellano and Elva Arellano, husband and wife and Efrain Antonio Arrellano, a single man, in Deed Recorded September 13, 1983, as Instrument No. 83-1070195, by Francisco Fonseca and Josefina Fonseca, in Deed Recorded August 25, 1983, as Instrument No. 83-989092, by Edward H. Olson, in Deed Recorded August 23, 1983, as Instrument No. 83- 997128, by Ronald L. Vasquez and Constance Mae Vasquez, Verla Botkin and Lorraine Botkin, in Deed Recorded July 7, 1983, as Instrument No. 83-769579 and 83769580 and by Noel Valentin Bernal and Graciela Bernal, in Deed Recorded September 26, 1983, as Instrument No. 83- 1131450, all of Official Records. APN:6310-023-270 Page 1 of 1 -* OLD REPUBLIC TIT L E COMPANY 9155 Telegraph Road #105 Pico Rivera, CA'90660 (562) 942-7652 PRELIMINARY REPORT Concierge Escrow Service 12631 E. Imperial Hwy., Bldg. "A", #213 Santa Fe Springs, CA 90670 Phone: (949) 954-6571 Fax: (949) 954-6575 Attention: LETTY ASCENCIO Property Address: UPDATE Our Order Number 2614022861-70 When Replying Please Contact: 2915 East 60th Place #S, Huntington Park, CA 90255 Dave Boswell title0l.la@ortc.com Ph: (562) 942-7652 Efax: (562) 395-5562 In response to the above referenced application for a policy of title insurance, OLD REPUBLIC TITLE COMPANY, as issuing Agent of Old Republic National Title Insurance Company, hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy or Policies are set forth in Exhibit I attached. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the Homeowner's Policy of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit I. Copies of the Policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit I of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. Dated as of October 18, 2017, at 7:30 AM OLD REPUBLIC TITLE COMPANY For Exceptions Shown or Referred to, See Attached Page 1 of 9 Pages ORT 3158-A (Rev. 08/07/08) OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE The form of policy of title insurance contemplated by this report is: Homeowners Policy of Title Insurance - 2013; and ALTA Loan Policy - 2006. A specific request should be made if another form or additional coverage is desired. The estate or interest in the land hereinafter described or referred or covered by this Report is: Fee Title to said estate or interest at the date hereof is vested in: City of Vernon The land referred to in this Report is situated in the County of Los Angeles, City of Huntington Park, state of California, and is described as follows: Lot 22 of Tract No. 43028, in the City of Huntington Park, County of Los Angeles, State of California, as per Map Recorded in Book 1042, Page(s) 3 to 6 inclusive of Maps, in the Office of the County Recorder of said County. EXCEPT THEREFROM all oil, oil rights, natural gas, natural gas rights and other hydrocarbons by whatsoever name known, and all other minerals and mineral rights, whether or not similar to those herein mentioned, below a depth of 500 feet provided that Grantor shall not have any right of surface entry to drill, mine, explore or otherwise operate upon, in, through or under the land herein conveyed, in the exercise of the herein excepted and reserved rights as reserved by Edith A. Smith, in Deed Recorded August 18, 1983, as Instrument No. 83-958085, by Luis M. Guzman, in Deed Recorded June 17, 1983, as Instrument No. 83-683479, by Anna E. Erman in Deed Recorded June 6, 1983, as Instrument No. 83-628245, by Manuel De Leon and Maria De Leon, Roberto Garcia and Yolanda Garcia, in Deed Recorded August 8, 1983 as Instrument No. 83-910106, by Efrain Arellano and Elva Arellano, husband and wife and Efrain Antonio Arrellano, a single man, in Deed Recorded September 13, 1983, as Instrument No. 83-1070195, by Francisco Fonseca and Josefina Fonseca, in Deed Recorded August 25, 1983, as Instrument No. 83-989092, by Edward H. Olson, in Deed Recorded August 23, 1983, as Instrument No. 83-997128, by Ronald L. Vasquez and Constance Mae Vasquez, Verla Botkin and Lorraine Botkin, in Deed Recorded July 7, 1983, as Instrument No. 83-769579 and 83769580 and by Noel Valentin Bernal and Graciela Bernal, in Deed Recorded September 26, 1983, as Instrument No. 83- 1131450, all of Official Records. APN:6310-023-270 Page 2 of 9 UK I 31:)t5-tl OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE At the date hereof exceptions to coverage in addition to the Exceptions and Exclusions in said policy form would be as follows: 1. Taxes and assessments, general and special, for the fiscal year 2017 - 2018, as follows: Assessor's Parcel No Code No. 1st Installment 2nd Installment Land Value Imp. Value 6310-023-270 00594 $2,386.70 $2,386.69 $19,305.00 $295,546.00 NOT Marked Paid NOT Marked Paid 2. The lien of supplemental taxes, if any, assessed pursuant to the provisions of Section 75, et seq., of the Revenue and Taxation Code of the State of California. 3. Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 6712 of Deeds, Page 274 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded : in Book 29001 of Official Records, Page 372 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." Paqe 3 of 9 OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded . in Book 1680 of Official Records, Page 198 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded . in Book 29001 of Official Records, Page 372 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded . in Book 3027 of Official Records, Page 283 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. 4 of OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded in Book 29001 of Official Records, Page 372 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 6. Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 8116 of Official Records, Page 1 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded ; in Book 29001 of Official Records, Page 372 e 5 of 9 Pages OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 7. Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 29001 of Official Records, Page 372 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 8. An easement affecting that portion of said land and for the purposes stated herein and incidental purposes as provided in the following For Underground electrical supply systems and community systems (hereinafter referred to as "systems', consisting of wires, underground conduits, cables, vaults, manholes, handholes, and including above -ground enclosures, markers and concrete pads and other appurtenant fixtures and equipment necessary or useful for distributing electrical energy and for transmitting intelligence by electrical means Recorded July 26, 1985 in Official Records As Instrument No. 85-862122 Affects As described therein 6 of 9 OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE 9. An easement affecting that portion of said land and for the purposes stated herein and incidental purposes as provided in the following For Underground communication facilities as grantees may from time to time require (including ingress thereto and egress therefrom) consisting of wires, cables, conduits, manholes, handholes and aboveground markers, pedestals, terminal equipment cabinets, other associated electrical conductors and necessary fixtures and appurtenances Recorded September 5, 1985 in Official Records As Instrument No. 85- 1026173 Affects As described therein 10. Matters in an instrument that, among other things, contain or provide for easements, assessments, liens and their subordination, covenants, conditions and restrictions, which provide that no violation thereof and no enforcement of any lien provided for therein shall defeat or render invalid the lien of a mortgage or deed of trust made in good faith and for value, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped person. Recorded . . November 4, 1985 in Official Records As Instrument No. 85-1305505 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 11. Matters as contained or referred to in an instrument, Entitled "Certificate of Correction" Executed By Jacob F. Rems Dated May 1, 1987 Recorded June 3, 1987 in Official Records As Instrument No. 87-877578 Which Among Other Things 'This correction affects Sheets 2 and 4 of Tract No. 43028, Recorded Provides in Book 1042, Pages(s) 3 to 6 of Maps." 7 of 9 OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE 12. We find no open Deeds of Trust of record. Please verify by inquiry of Escrow Personnel and/or Agents whether or not we have overlooked something and advise the Title Department accordingly prior to closing. 13. The requirement that satisfactory evidence be furnished to this Company of compliance with applicable statutes, ordinances and charters governing the ownership and disposition of the herein described land. 14. The requirement that this Company be provided with an opportunity to inspect the land. The Company reserves the right to make additional exceptions and/or requirements upon completion of its inspection. 15. The Homeowner's Policy applies only if each insured named in Schedule A is a Natural Person (as Natural Person is defined in said policy). If each insured to be named in Schedule A is not such a Natural Person, contact the Title Department immediately. Informational Notes ------------------- A. The applicable rate(s) for the policy(s) being offered by this report or commitment appears to be section(s) 1.1 & 2.1. B. The above numbered report (including any supplements or amendments thereto) is hereby modified and/or supplemented to reflect the following additional items relating to the issuance of an American Land Title Association loan form policy: NONE NOTE: Our investigation has been completed and there is located on said land a single family residence (planned unit development) known as 2915 East 60th Place #S, City of Huntington Park, County of Los Angeles, California 90255. The ALTA loan policy, when issued, will contain the CLTA 100 Endorsement and 116 series Endorsement. Unless shown elsewhere in the body of this report, there appear of record no transfers or agreements to transfer the land described herein within the last three years prior to the date hereof, except as follows: NONE of OLD REITRI.W TITLE CONIPANY ORDER NO. 2614022861-70 UPDATE C. All transactions that close on or after March 1, 2015 will include a $20.00 minimum recording service fee, plus actual charges required by the County Recorder. Page 9 of 9 Pages VKI J1:36-6 Exhibit I CLTA HOMEOWNER'S POLICY OF TITLE INSURANCE (12/02/13) ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE EXCLUSIONS In addition to the Exceptions in Schedule B, You are not insured against loss, costs, attorneys' fees, and expenses resulting from: 1. Governmental police power, and the existence or violation of those portions of any law or government regulation concerning: a. building; b. zoning; C. land use; d. improvements on the Land; e. land division; and f. environmental protection. This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27. 2. The failure of Your existing structures, or any part of them, to be constructed in accordance with applicable building codes. This Exclusion does not limit the coverage described in Covered Risk 14 or 15. 3. The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17. 4. Risks: a. that are created, allowed, or agreed to by You, whether or not they are recorded in the Public Records; b. that are Known to You at the Policy Date, but not to Us, unless they are recorded in the Public Records at the Policy Date; C. that result in no loss to You; or d. that first occur after the Policy Date - this does not limit the coverage described in Covered Risk 7, 8.e., 25, 26, 27 or 28. 5. Failure to pay value for Your Title. 6. Lack of a right: a. to any land outside the area specifically described and referred to in paragraph 3 of Schedule A; and b. in streets, alleys, or waterways that touch the Land. This Exclusion does not limit the coverage described in Covered Risk 11 or 21. 7. The transfer of the Title to You is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy, state insolvency, or similar creditors' rights laws. 8. Contamination, explosion, fire, Flooding, vibration, fracturing, earthquake or subsidence. 9. Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances. LIMITATIONS ON COVERED RISKS Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows: For Covered Risk 16, 18, 19, and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A. The deductible amounts and maximum dollar limits shown on Schedule A are as follows: Your Deductible Amount Our Maximum Dollar Limit of Liability Covered Risk 16: 1.00% of Policy Amount or $5,000.00 $25,000.00 (whichever is less) Covered Risk 18: 1.00% of Policy Amount or $5,000.00 $25,000.00 (whichever is less) Covered Risk 19: 1.00% of Policy Amount or $5,000.00 $25,000.00 (whichever is less) Covered Risk 21: 1.00% of Policy Amount or $5,000.00 $25,000.00 (whichever is less) Page 1 of 2 Exhibit I AMERICAN LAND TITLE ASSOCIATION LOAN POLICY OF TITLE INSURANCE - 2006 EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 13, or 14); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing -business laws of the state where the Land is situated. 5. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth -in -lending law. 6. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy. 7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b). EXCEPTIONS FROM COVERAGE — SCHEDULE B, PART 1, SECTION ONE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) that arise by reason of: 1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. The types of personal information we collect and share depend on the product or service you have with us. This information can include: • Social Security number and employment information • Mortgage rates and payments and account balances • Checking account information and wire transfer instructions When you are no longer our customer, we continue to share your information as described in this notice. All financial companies need to share customers' personal information to run their everyday business. in the section below, we list the reasons financial companies can share their customers' personal information; the reasons Old Republic Title chooses to share; and whether you can limit this sharing. Does Old Republic Can you personalReasons we can share your For our everyday business purposes — such as to process your transactions, maintain your account(s), or respond to court orders and Yes No legal investigations, or report to credit bureaus For our marketing purposes — to offer our products and services to you No We don't share For joint marketing with other financial companies No We don't share For our affiliates' everyday business purposes — information about your transactions and experiences Yes No For our affiliates' everyday business purposes — No We don't share information about your creditworthiness For our affiliates to market to you No We don't share For non -affiliates to market to you No We don't share • - So to www.oldrepublictitle.com (Contact Us) Page 2 Who is providing this notice? ( Companies with an Old Republic Title name and other affiliates. Please see below for a list of affiliates. What we .. How does Old Republic Title To protect your personal information from unauthorized access and use, we use protect my personal security measures that comply with federal law. These measures include computer information? safeguards and secured files and buildings. For more information, visit http://www.OldRepublicTitle.com/newnationaI/Contact/privacy. How does Old Republic Title We collect your personal information, for example, when you: collect my personal information? . Give us your contact information or show your driver's license • Show your government -issued ID or provide your mortgage information • Make a wire transfer We also collect your personal information from others, such as credit bureaus, affiliates or other companies. Why can't I limit all sharing? Federal law gives you the right to limit only: • Sharing for affiliates' everyday business purposes - information about your creditworthiness • Affiliates from using your information to market to you • Sharing for non -affiliates to market to you State laws and individual companies may give you additional rights to limit sharing. See the "Other important information" section below for your rights under state law. Affiliates Companies related by common ownership or control. They can be financial and nonfinancial companies. • Our affiliates include companies with an Old Republic Title name, and financial companies such as Attorneys' Title Fund Services, LLC, Lex Terroe National Title Services, Inc., Mississippi Valley Title Services Company, and The Title Company of North Carolina. Non -affiliates Companies not related by common ownership or control. They can be financial and non -financial companies. • Old Republic Title does not share with non -affiliates so they can market to you Joint marketing A formal agreement between non-affiliated financial companies that together market financial products or services to you. 0 Old Republic Title doesn't jointl y market. Oregon residents only: We are providing you this notice under state law. We may share your personal information (described on page one) obtained from you or others with non -affiliate service providers with whom we contract, such as notaries and delivery services, in order to process your transactions. You may see what personal information we have collected about you in connection with your transaction (other than personal information related to a claim or legal proceeding). To see your information, please click on "Contact Us" at www.oldrepublictitle.com and submit your written request to the legal Department. You may see and copy the information at our office or ask us to mail you a copy for a reasonable fee. If you think any information is wrong, you may submit a written request online to correct or delete it. We will let you know what actions we take. If you do not agree with our actions, you may send us a statement. 6310 y eoouasiaa;-ice Revi! SHEET 3_27. CALE 1" —60' 7ZtlC/c' 62/?27?!2 E3/ra_. �lino9� t35'o/a9�< BELGRAVE s�ssna AVE. BS//26R< By � 8C::3a4G� _ - raS 60 — gGQ6 oZG: aaGi' - £., ! 1 ': f 1 7, P�9 4J0. 33 7.33 `G• 67�og9 B 30 4� MS as � h P?l . as � t� •k e'rzf.'% ^=30.: m "' m O o° 47 JO B90//9940C2i � so z � ^ z Z ": as m 2 ai ^" u � 5 � ti rB7/rz/eiaW0el, a ttmriMRrtw °j ti k 9aos/� PUD '� 90 v 43 ES Z e63' g O a iM 51 gt oiil Nin { c lob N �1 v: ,4 zs.m SHEET 2 aAaP ,3 ,s asap se, a; slIzp.o w Pr:77 w N 5s sioa sfTa Sa ' /17 5 7P.oa � � r3.46 :P6.P3 �� ?2- W.B.. � a 55 13.1 N:• cwnmau'rgrea 5.. c 7/ 29 u 300 ,o a,� 63 a9.aP 4ZA33� a sz°4 arP.ri �, U} 6 aD� P fVa 3Z5d O 41 za.7i Paa 4 o aoJ o a/ e e PI,3! 1 y. j e w N PCO a 20 62 ,,, ra?84�' R 70 69 N ,� ,; 31 73%.1 L J 42 b 2$ ^ �27 g� �au° P r ° IV# uc 7 D 37'S0 � n 77.11 aPa,71 `�ct71 'y^26 n M r ' 1 6/ O , 40 aO7 39 s7w74 ` F— w 3ZSD /2,A.7°•N 9 0 BP RiM i .3n z 3;pq ° b Q7mm°VJA:en o ..1;4 LY ° .za5 rr,.�s3• rsD vuD °1 i,073` Q nm16 ti v s ^a77 a B/ 1 /� /1/ �//9 /at ll/7 Q .,. 7B a a 75 t �I 99 ca.D9 g o� �t22 - ° . O r4/a9° z0 15 14 13 12 11 10 3' SO r,P u'a t7D e rt33 aO3 a y34 ^ $ ui 9 r3D3e a7 aAsz /3t.5 3J o 3f 3.B/ A!7/ ✓l �h b ry !fJ! A,B8°31 �1}C �• n 60TH PL. CODE 594 FOR PREV. ASSMT. SEE: 1851 - 23 TRACT NO. 45428 M. B. 1096 50 - 52 TRACT NO 4_3028_ M.B. 1042-3-6 a ASSESSORS t+AP CCUNtY OF LOS AWGi LES. U:s EVISL O119944002001 • DIAGRAMMATIC DEPICTS APPROXIMATE DIMENSIONS. THE ASSESSMENT OF UNITS IN THE FOLLOWING AIRSPACE PLANS, INCLUDES ALL RIGHTS AND INTERESTS IN THE COMMON AREAS AS SET FORTH IN DEEDS OF RECORD. AIRSPACE COMMON AREA. SUBDIVISION PLAN REFERENCE Of AIRSPACE TRACT NO 8LX LOTS TYPE * 1858213#11-23.87 45428 I CONGO SHEET 2 * 32569 4 AMENDED 01.11-68 # 8202144AMENDE O 05.23.88 TYPICAL. BUILDING DETAILS SCALE 1" = 30, anD 25.A B D D 13 UNITS: 4,16,22.34,40.52 UNITS: 5.17.23.35,41.53 UNITS: 6,18.24,36,42,54 REV UNITS: 7,13,25,31.46,58 REV UNITS: 9.1426,32,47.59 REV UNITS: 9,1527,33,48.60 2ND FLOOR s.Iv za.i6� � 53% 25.10 N - 1s.10 s� b P-1m. p D s•nQ D ,. D P-5 25. 10 R.10 P� S. iiT 24.10 N OFFICE OF LOSSESSOR I ANGELES SCALE I 30' 6 50' 6 I 0 SHEET 2 12b 0 124 138 00 147 ISb 00 2 162 I� 135 144 00 153 Ib8 114 00; 4 7 16 13 22 25 34 31 40 46 52 58 ; 121 130 ' 139 13b I45 148 151 154 Ib3 i69 115 181 5 8 17 14 23 26 35 32 41 47 53 59� 028 131 140 137 146 !49 158 ISS 164 110 116 9 18 15 24 27 36 133 42 48 54 60-A rDMIEP 2ND FLOOR BELGRAVE 10.31 -- —91.hS I1.26 123 132 141 10 19 124 @9 1402 2 II 20 125 134 143 3 12 21 _ L IST FLOOR UNITS:1.19.37,49 UNITS:2.20,44.56 UNITS:3,21,39,51 REV UN175: 1028,43,55 REV UNITS: 1129,38.50 REV UNITS: 12,30.45,57 IST FLOOR SCALE 1' = 50' SUBDIVISION OF AIRSPACE CONDOMINIUM TRACT NO 45428 FOR COMMON AREA SEE SHEET 1. SEE RECORDED CONDOMINIUM PLANS FOR ELEVATION OF UNITS, AVE 9.t2— r.26 11.A 150 w154 I65 I)I 111 28 37 43 49 55 I51 160 1b6 112 118 29 38 44 50 h5665IS2 39 45 51 DORY IN 101 1 IR N0 15h26 Insured Closing Protection Letter -- Ref. 962631751 -- CA01 OLD REPC8t.tC-NNUONAL TITLE ISSURAtiCE COMPANY _. ...._._... _ . Ref: 962631751 -- CA01 -- SINGLE TRANSACTION LIMITED LIABILITY Date : Tuesday, November 07, 2017 "Addressee": Broker Solutions Inc. dba New American Funding and/or its Warehouse Lender 14511 Myford Road, Suite 100 Tustin, CA 92780 Loan Number: 138517151311 Pertaining To: Eulises A Perez, a single man Premises to be covered: 2915 East 60th Place #S ("Real Estate Transaction") Huntington Park, CA 90255 Binder/Order Number: 2614022861-70 Closing Protection Letter on Behalf of: OLD REPUBLIC TITLE COMPANY 101 N. BRAND BOULEVARD 14TH FLOOR GLENDALE, CA 91203-0000 (818) 247-2917 - PHONE Old Republic National Title Insurance Company 275 Battery Street, Suite 1500 San Francisco, CA 941 t 1-3334 Phone: (916) 781-4140 Fax: (916) 313-3297 Toll Free Phone: (877) 209-2699 Old Republic Title Company 9155 Telegraph Road, Suite 105 Pico Rivera, CA 90660 (562) 942-7652 - PHONE David Boswell - AGENT CONTACT dboswell@ortc.com To verify if this agent is in good standing, go to www.oldrepublictitle.com, select Agent Verification from the Products and Services dropdown and enter in Reference Number 962631751. The protection of this letter extends only to real estate in California. Dear Madam or Sir In consideration of Your acceptance of this letter, Old Republic National Tide Insurance Company (the "Company'), agrees to indemnify You for actual loss of Funds incurred by You in connection with the closing of the Real Estate Transaction conducted by the Issuing Agent or Approved Attorney on or after the Date of this letter, subject to the Requirements and Conditions and Exclusions set forth below: REQUIREMENTS The Company issues or is contractually obligated to issue a Policy for Your protection in connection with the Real Estate Transaction 2. You are to be: a. a lender secured by the Insured Mortgage on the Title to the Land or b. a purchaser or lessee of the Title to the Land; 3. The aggregate of all Funds You transmit to the Issuing Agent or Approved Attorney for the Real Estate Transaction does not exceed the amount of Your Policy; and 4. Your loss is solely caused by: a. any failure of the Issuing Agent or Approved Attorney to comply with Your written closing instructions that relate to: Generated by Old Republic National Title Insurance -- Ref: 962631751 -- CA01 Page 1 / 4 Insured Closing Protection Letter -- Ref: 96263 1751 -- C.A01 A. the disbursement of Funds necessary to establish the status of the Title to the Land; or B. the validity, enforceability, or priority of the lien of the Insured Mortgage; or ii. obtaining any document, specifically required by You, but only to the extent that the failure to obtain the document adversely affects the status of the Title to the Land or the validity, enforceability, or priority of the lien of the Insured Mortgage on the Title to the Land; or fraud, theft, dishonesty, or misappropriation of the Issuing Agent or Approved Attorney in handling Your Funds or documents in connection with the closing, but only to the extent that the fraud, theft, dishonesty, or misappropriation adversely affects the status of the Title to the Land or to the validity, enforceability, or priority of the lien of the Insured Mortgage on the Title to the Land. CONDITIONS AND EXCLUSIONS Your transmittal of Funds or documents to the Issuing Agent or Approved Attorney for the Real Estate Transaction constitutes Your acceptance of this letter. 2. For purposes of this letter: a. "Commitment" means the Company's written contractual agreement to issue the Policy. b. "Funds" means the money received by the Issuing Agent or Approved Attorney for the Real Estate Transaction. c. "Policy" means the contract or contracts of title insurance, each in a form adopted by the American Land Title Association, issued or to be issued by the Company in connection with the closing of the Real Estate Transaction. d. "You" or "Your" means: i. the Addressee of this letter; ii. the borrower, if the Landis improved solely by a one -to -four family residence; and iii. subject to all rights and defenses relating to a claim under this letter that the Company would have against the Addressee, A. the assignee of the Insured Mortgage, provided such assignment was for value and the assignee was, at the time of the assignment, without Knowledge of facts that reveal a claim under this letter; and B. the warehouse lender in connection with the Insured Mortgage. e. "Indebtedness,""Insured Mortgage,""Knowledge" or "Known ... "Land," and 'Title" have the same meaning given them in the American Land Title Association Loan Policy (06-17-06). 3. The Company shall have no liability under this letter for any loss arising from any: a. failure of the Issuing Agent or Approved Attorney to comply with Your closing instructions that require title insurance protection in connection with the Real Estate Transaction inconsistent with that set forth in the Commitment. Your written closing instructions received and accepted by the Issuing Agent or Approved Attomey after issuing the Commitment that require the removal, where allowed by state law, rule, or regulation, of specific Schedule B Exceptions from Coverage or compliance with the requirements contained in the Commitment shall not be deemed to require inconsistent title insurance protection; b. loss or impairment of Funds in the course of collection or while on deposit with a bank due to bank failure, insolvency, or suspension, except loss or impairment resulting from failure of the issuing Agent or Approved Attorney to comply with Your written closing instructions to deposit Your Funds in a bank that You designated by name; constitutional or statutory lien or claim of lien that arises from services, labor, materials, or equipment, if any Funds are to be used for the purpose of construction, alteration, or renovation. This Section 3.c does not affect the coverage, if any, as to any lien for services, labor, materials, or equipment afforded in the Policy; Generated by Old Republic National Title Insurance -- Ref: 962631751 -- CA01 Page 2 / 4 insured Closing Protection Letter -- Ref: 962631751 -- CA01 d. defect, lien, encumbrance, or other matter in connection with the Real Estate Transaction. This Section 3.d does not affect the coverage afforded in the Policy. e. fraud, theft, misappropriation, dishonesty, or negligence by You or by Your employee, agent, attorney, or broker; f settlement or release of any claim by You without the Company's written consent: g. matters created, suffered, assumed, agreed to, or Known by You; It. failure of the issuing Agent or Approved Attorney to determine the validity, enforceability, or the effectiveness of a document required by Your closing instructions. This Section 3.h does not affect the coverage afforded in the Policy; i. Federal consumer financial law, as defined in 12 U.S.C. § 5481(14), actions under 12 U.S.C. § 5531, or other federal or state laws relating to truth- in- lending, a borrower's ability to repay a loan, qualified mortgages, consumer protection, or predatory lending, including any failure of the issuing Agent or Approved Attorney to comply with Your closing instructions relating to those laws; j. federal or state laws establishing the standards or requirements for asset -backed securitization including, but not limited to, exemption from credit risk retention, including any failure of the Issuing Agent or Approved Attorney to comply with Your closing instructions relating to those laws; k. periodic disbursement of Funds to pay for construction, alteration, or renovation on the Land relating to the Real Estate Transaction; or 1. issuing Agent or Approved Attorney acting in the capacity of a qualified intermediary or facilitator for tax deferred exchange transactions as provided in Section 1031 of the Internal Revenue Code. 4. If the closing is to be conducted by an Approved Attorney, a Commitment in connection with the Real Fstate Transaction must have been received by You prior to the transmittal of Your final closing instructions to the Approved Attorney. 5. When the Company shall have indemnified You pursuant to this letter, it shall be subrogated to all rights and remedies You have against any pet -son or property had You not been indemnified. The Company's liability for indemnification shall be reduced to the extent that You have impaired the value of this tight of subrogation. 6. The Company's liability for loss under this letter shall not exceed the least of: a. the amount of Your Funds; b. the Company's liability under the Policy at the time written notice of a claim is made under this letter; c. the value of the lien of the Insured Mortgage; d. the value of the Title to the Land insured or to be insured under the Policy at the time written notice of a claim is made under this letter; or e. the amount stated in Section 3 of the Requirements. 7. The Company will be liable only to the holder of the Indebtedness at the time that payment is made. This Section 7 does not apply to a purchaser, borrower, or lessee. 8. Payment to You or to the owner of the indebtedness under- either the Policy or from any other source shall reduce liability under this letter by the same amount. Payment in accordance with the terms of this letter shall constitute a payment pursuant to the Conditions of the Policy. 9. The issuing Agent is the Company's agent only for the limited purpose of issuing policies. Neither the issuing Agent nor the Approved Attorney is the Company's agent for the purpose of providing closing or settlement services. The Company's liability for Your loss arising from closing or settlement services is strictly limited to the contractual protection expressly provided in this letter. Other than as expressly provided in this letter, the Company shall have no liability for loss resulting from the fraud, theft, dishonesty, misappropriation, or negligence of any parry to the Real Estate Transaction, the lack of creditworthiness of any borrower connected with the Real Estate Transaction, or the failure of any collateral to adequately secure a loan connected with the Real Estate Transaction. 10. in no event shall the Company be liable for a loss if the written notice of a claim is not received by the Company within one year from the date of the transmittal of Funds. The condition that the Company must be provided with written notice under this Section 10 shall not be excused by lack of prejudice to the Company. 11. You must promptly send written notice of a claim under this letter to the Company at its principal office at 400 Second Avenue South, Minneapolis, Generated by Old Republic National Title Insurance -- Ref: 962631751 -- CA01 Page 3 / 4 Insured Closing Protection Letter -- Ref: 962631751 -- CAOI MN 55401. If the Company is prejudiced by Your failure to provide prompt notice, the Company's liability to You under this letter shall be reduced to the extent of the prejudice. 12. Whenever requested by the Company, You, at the Company's expense, shall: a. give the Company all reasonable aid in i. securing evidence, obtaining witnesses, prosecuting or defending any action or proceeding, oreffecting any settlement, and ii any other lawful act that in the opinion of the Company may be necessary to enable the Company's investigation and determination of its liability under this letter, deliver to the Company any records, in whatever medium maintained, that pertain to the Real Estate Transaction or any claim under this letter; and c. submit to an examination under oath by any authorized representative of the Company with respect to any such records, the Real Estate Transaction, any claim under this letter or any other matter reasonably deemed relevant by the Company. 13. The Company shall have no liability under this letter if: a. the Real Estate Transaction has not closed within one year fi-om the date of this letter; or at any time after the date of this letter, but before the Real Estate Transaction closes, the Company provides written notice of tennination of this letter to the Addressee at the address set forth above. 14. The protection of this letter extends only to real estate in California, and any court or arbitrator shall apply the law of the jurisdiction where the Landis located to interpret and enforce the terms of this letter. In neither case shall the court or arbitrator apply its conflicts of law principles to determine the applicable law. Any litigation or other proceeding under this letter must be filed only in a state or federal court within the United States of America or its territories having appropriate jurisdiction. Either the Company or You may demand that any claim arising under this letter be submitted to arbitration pursuant to the Title Insurance Arbitration Rules of the American Land Title Association, unless You have a Policy for the Real Estate Transaction with an Amount of Insurance greater than $2,000,000. There shall be no right for any claim under this letter to be arbitrated or litigated on a class action basis. If You have a Policy for the Real Estate Transaction with an Amount of Insurance greater than $2,000,000, a claim arising under this letter may be submitted to arbitration only when agreed to by both the Company and You. If the Real Estate Transaction solely involves a one -to -four family residence and You are the purchaser or borrower, the Company will pay the costs of arbitration. This letter supersedes and cancels any previous letter or similar agreement for closing protection that applies to the Real Estate Transaction and may not be modified by the Issuing Agent or Approved Attorney. OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Elliot F. Smith Senior Vice President and Regional Chief Underwriting Counsel cf: David Boswell Generated by Old Republic National Title Insurance -- Ref: 962631751 -- CA01 Page 4 / 4 014M -l2C'l,CJ1'C P Escrow Servr e, Inc. November 29, 2017 City of Vernon Attn: Diana Figueroa 4305 Santa Fe Avenue Vernon, CA 90058 Re: 2915 East 60th Place #S, Huntington Park, CA 90255 Dear Diana, This note is to address the concern regarding the recorded Grant Deed for the subject property. The original grand deed was executed by Authorized Signer on 10.12.2017 when we were still Parkfield Escrow Inc. To avoid having the Grant Deed re -executed I reused the same document, however, the original grant deed was already with the title company. At time of funding we typed the updated information and supplied it to the title company to change for us. Our apologies, as I thought it had been done but apparently it was not. Attached kindly please find a copy of the Grant Deed. ncerns or question kindly please feel free to reach out to me. Escrow Officer/Manager Concierge Escrow Service, Inc. 12631 E Imperial Hwy A-215 Santa Fe Springs, CA 90670 Tel: 949.954.6571 Fax: 949.954.6575 E-mail: Letty@ConciergeEscrowService.com Escrow Servi e, Inc. TITLE TRANSMITTAL Attn: Dave Boswell Old Republic Title 9155 Telegraph Rd #105 Pico Rivera, CA 90660 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Order No.: 2614022861-70 Escrow No.: 5044-LA Date: November 7, 2017 PLEASE CONFIRM ORDER AS INDICATED WITH LIABILITY LIMITATIONS AS SHOWN: POLICY TYPE: TYPE OF OWNER'S POLICY Standard Policy of Title Insurance with liability limited to $ A.L.T.A. Policy of Title Insurance with liability limited to $ PROPERTY ADDRESS: 2915 East 60th Place #S, Huntington Park, CA 90255 LEGAL DESCRIPTION: See Exhibit "A" attached hereto and made part hereof. A.P.N.: 6310.023.270 PRESENT OWNER(S) NAME: City of Vernon 325,000.00 331,987.00 UPON FURTHER AUTHORIZATION you will record all instruments without collection when you can VEST TITLE IN: Eulises A Perez, a single man WE ENCLOSE THE FOLLOWING: Lender Instructions Grant Deed Preliminary Change of Ownership Report Deed of Trust to Record in favor of Broker Solutions Inc dba New American Funding Escrow Wire Instructions S1 ADDITIONAL INSTRUCTIONS: ABSTRACT AND HOLD - PLEASE ADVISE OF ANY IRREGULARITIES WHICH WOULD AFFECT THE USE OF THE ITEMS ENCLOSED. POSSIBLE RECORDING: 11/8/17 Pay the following taxes at closing: 1ST HALF Only the following items are approved to show on title policy at closing: PER LENDER'S INSTRUCTIONS PLEASE NOTE: Proceeds coming back at closing MUST BE WIRED (drafts for more than $1,000.00 are not accepted by "Concierge Escrow Service, Inc."). WIRING INSTRUCTIONS: Community Bank, ROUTING NO. 122203471, ACCOUNT NO. 0604002882, PAYABLE TO: Concierge Escrow Service, Inc. (Our Escrow No. 5044-LA MUST be referenced on all Wire Transfers). Please do not hesitate to call should you have any questions. Concierge Escrow Service, Inc. Letty Ascencio Escrow Officer/Manager KV This page is part of your document - DO NOT DISCARD 20171297475 1118 EIIEE II I I I I III I III 111111 II IIN I III I III i II �+ Recorded/Filed in Official Records t Recorder's Office, Los Angeles County, _. California 11/13/17 AT 08:00AM FEES: TARES: OTHER: PAM : �IIIIIII��I�IInIIBIII�III�BI�II�I�IIVIV11611Rlllhlllll�l LEADSHEET ��IIIIINI�VIIIIVVNNII��IIIIIIIIIIIII�I�IIIIRII�III 201711130210002 00014493927 008719757 SEQ: 09 DM - Title Company (Hard Copy) III I IIIIII I II III1111 III I1�11 IS IQIIIIII II IIIIII011 IIII 111 IIIII'I�II ICI I Il�ill IIIIIIIIII III111��1111 ICI Id I III THIS FORM IS NOT TO BE DUPLICATED F4w,7A R09 A P0003 18.00 357.50 0.00 375.50 A t OLD FEPUSUC TI7d.E uurar-r,,. , RECORDJNG REQUESTED BY: 1-Goncrerge; :, scrow Service Order No. 2614022861-70 Escrow No!— 4- G� Parcel No. 6310-023-270 AND WHEN RECORDED MAIL TO: EULISES PEREZ 2915 East 60th Place #S Huntington Park, CA 902 SPACE GRANT DEED *20171297475* i FOR RECORDER'S USE T E UNDERSIGNED GRANTOR(S) DECLARE(S) THAT DOCUMENTARY TRANSFER TAXIS $357.50 and CITY $ computed on full value of property conveyed, or computed on full value less liens or encumbrances remaining at the time of sale. ❑ unincorporated area: Huntington Park, and FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, City of Vernon, a California Corporation hereby GRANT(S) to Eulises- Perez, 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: 2915 East 60th Place #S, Huntington Park, CA 90255 - Date October 12, 2017 City of n By: -ar os Fandino, Admin' or t�os R ,tetra A notary public or 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 COUNTY OF ) S.S. On UMW I Z 7 before me, / �'LGc�1S0 �/Zc�� ll0 Qbli� personally appeared ?nlA/ t D 01 who proved t eon the basis of tisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. MARISOL TRWILLO WITNESS my hand nd official seal, Commisslon # 2093319 Notary Public - California D Signature Los Angeles County (Seal) M Comm. Ex ires Dec 23, 2012 Mail Tax Statement to- SAME AS ABOVE or Address Noted Below j ' ORDER NO.: 2614022861 EXHIBIT A The land referred to is situated in the County of Los Angeles, City of Huntington Park, State of California, and is described as follows: Lot 22 of Tract No. 43028, in the City of Huntington Park, County of Los Angeles, State of California, as per Map Recorded in Book 1042, Page(s) 3 to 6 inclusive of Maps, in the Office of the County Recorder of said County. EXCEPT THEREFROM all oil, oil rights, natural gas, natural gas rights and other hydrocarbons by whatsoever name known, and all other minerals and mineral rights, whether or not similar to those herein mentioned, below a depth of 500 feet provided that Grantor shall not have any right of surface entry to drill, mine, explore or otherwise operate upon, in, through or under the land herein conveyed, in the exercise of the herein excepted and reserved rights as reserved by Edith A. Smith, in Deed Recorded August 18, 1983, as Instrument No. 83-958085, by Luis M. Guzman, in Deed Recorded June 17, 1983, as Instrument No. 83-683479, by Anna E. Erman in Deed Recorded June 6, 1983, as Instrument No. 83-628245, by Manuel De Leon and Maria De Leon, Roberto Garcia and Yolanda Garcia, in Deed Recorded August 8, 1983 as Instrument No. 83-910106, by Efrain Arellano and Elva Areliano, husband and wife and Efrain Antonio Arreilano, a single man, in Deed Recorded September 13, 1983, as Instrument No. 83-1070195, by Francisco Fonseca and Josefina Fonseca, in Deed Recorded August 25, 1983, as Instrument No. 83-989092, by Edward H. Olson, in Deed Recorded August 23, 1983, as Instrument No. 83- 997128, by Ronald L. Vasquez and Constance Mae Vasquez, Verla Botkin and Lorraine Botkin, in Deed Recorded July 7, 1983, as Instrument No. 83-769579 and 83769580 and by Noel Valentin Bernal and Graciela Bernal, in Deed Recorded September 26, 1983, as Instrument No. 83- 1131450, all of Official Records. APN: 6310-023-270 Page 1ofI 05 BOE-502-.A )P1`. REV 12 t0 -13. PRELIMINARY CHANGE OF OWNERSHIP REPORT To be completed by the transferee (buyer) prior to a transfer of subject property. in accordance with section 480.3 of the Revenue and Taxation Code. A Preliminary Change of Ownership Report must be filed with each conveyance in the County Recorders office for the county where the property is located. NAME AND MAILING ADDRESS OF BUYERITRANSFEREE (Make necessary corrections to the printed name and mailing address) i EEuulilss1es APerez i 67 aC/L f 1c C ffi STREET ADDRESS OR PHYSICAL LOCATION OF REAL PROPERTY 2915 East 60th Place #S, Huntington Park, CA 90255 MAIL PROPERTY TAX INFORMATION TO (NAME) Eulises A Perez Escrow \o.: 5044-!_A ASSESSOR'S PARCEL NUMBER 6310.023.270 SELLERITRANSFEROR City of Vernon BUYER'S DAYTIME TELEPHONE NUMBER � BUYER'S EMAIL ES ❑ NO This property is intended as my principal residence. If YES, please indicts the date of occupancy I MO I DAY I YEAR nr intPnrip l ncc) )nanry PART 1. TRANSFER INFORMATION Please complete all statements. ll This section contains possible exclusions from reassessment for certain types of transfers. YES NO ❑ A. This transfer is solely between spouses (addition or removal of a spouse, death of a spouse, divorce settlement, etc.). ❑ B. This transfer is solely between domestic partners currently registered with the California Secretary of State (addition or removal of a partner, death of a partner, termination settlement, etc.). ❑ ` C. This is a transfer: ❑ between parent(s) and child(ren) ❑ from grandparent(s) and grandchild(ren). ❑ ` D. This transfer is the result of a cotenant's death. Date of death ❑ ` E. This transaction is to replace a principal residence by a person 55 years of age or older. Within the same county? ❑ YES ❑ NO ❑ ` F. This transaction is to replace a principal residence by a person who is severely disabled as defined by Revenue and Taxation Code section 69.5. Within the same county? ❑ YES ❑ NO ❑ G. This transaction is only a correction of the name(s) of the person(s) holding We to the property (e.g., a name change upon marriage). If YES. please explain: ❑ H. The recorded document creates, terminates, or reconveys a lender's interest in the property. ❑ I This transaction is recorded only as a requirement for financing purposes or to create. tenninate, or reconvev a security interest (e.g., cosigned. If YES, please explain: ❑ J. The recorded document substitutes a trustee of a trust, mortgage, or other similar document. ❑ K. This is a transfer of property: 1. to/from a revocable trust that may be revoked by the transferor and is for the benefit of ❑ the transferor, and/or ❑ the transferor's spouse El registered domestic partner. ❑ E i 2. to/from a trust that may be revoked by the creator/grantorttrustor who is also a joint tenant, and which names the other joint tenant(s) as beneficiaries when the creator/grantorltrustor dies. ❑ E 1 3. to/from an irrevocable trust for the benefit of the ❑ creator/grantorltrustor and/or ❑ grantor's/trustor's spouse ❑ grantor's/trustor's registered domestic partner. ❑ Il L. This property is subject to a lease with a remaining lease term 35 years or more including written options. ❑ M. This is a transfer between parties in which proportional interests of the transferor(s) and transferee(s) in each and every parcel being transferred remain exactly the same after the transfer. ❑ N. This is a transfer subject to subsidized low-income housing requirements with governmentally imposed restrictions. ❑ ` O. This transfer is to the first purchaser of a new building containing an active solar energy system. ` Please refer to the instructions for Part 1. Please provide any other information that will help the Assessor understand the nature of the transfer. THIS DOCUMENT IS NOT SUBJECT TO PUBLIC INSPECTION SOE-502-A(P2) REV 12 (05-13) PART 2. OTHER TRANSFER INFORMATION A. Date of transfer. if other than recording date. B. Type of transfer: Purchase ❑ Foreclosure ❑ Gift ❑ Contract of sale. Date of contract. ❑ Sale/Leaseback ❑ Creation of a lease Escrow No.: 5044-LA Check and complete as applicable. ❑7 Trade or exchange ❑ Merger. stock, or partnership acquisition (Form BOE-i00-B) ❑ Inheritance. Date of death: ❑ Assignment of a lease ❑ Termination of a lease. Date lease Original tern in years(Inc/uding written options): Remaining term in years (including written options): ❑ Other. Please explain: C. Only a partial interest in the property was transferred. ❑ Yes ❑ No If YES, indicate the percentage transferred: % PART 3. PURCHASE PRICE AND TERMS OF SALE Check and complete as applicable. A. Total purchase price I s O B. Cash down payment or value of trade or exchange excluding closing costs G/ Amount S l}' C. First deed of trust @_�% ng interest for J() ,L&S years. Monthly payment $ •� Amount $ 3 ` t • CC ❑ FHA ( Discount Points) ❑ Cal -Vet L'4J%VA (- Discount Points) ❑ Fixed rate ❑ Variable rate ❑ Bank/Savings & Loan/Credit Union ❑ Loan carried by seller ❑ Balloon payment s Due date: D. Second deed of trust @ % interest for years. Monthly payment $ Amount $ ❑ Fixed Rate ❑ Variable rate ❑ Bank/Saving & Loan/Credd Union ❑ Loan carried by seller ❑ Balloon payments Due date: E. Was an Improvement Bond or other public financing assumed by the buyer. ❑YES ❑NO Outstanding balance $ F. Amount, if any, of real estate commission fees paid by the buyer which are not included in UN purchase price $ G. The property was purchased.9rThrough real estate broker. Broker name C, tL 13 MU4 Phone number: (,Q7� ❑ Direct from seller ❑ From a family member -Relationship 6ces s ❑ Other. Please explain. H. Please explain any special terms, seller concessions, broker/agent fees waived, financing, and any other information (e.g., buyer assumed the existing loan balance) that would assist the Assessor in the valuation of your property. PART 4. PROPERTY INFORMATION Check and complete as applicable. A. Type of property transferred ❑ Single-family residence ❑ Co-op/Own-your-own ❑ Manufactured home ❑ Multiple -family residence. Number of units: Wondominium ❑ Unimproved lot ❑ Other. Description. (i.e., timber, mineral, water rights, etc.) ❑ Timeshare ❑ Commercial/Industrial B. []YES MJO Personal/business property, or incentives, provided by seller to buyer are included in the purchase price. Examples of personal property are furniture, ,arm equipment, machinery, etc. Examples of incentives are club memberships, etc. Attach list if available. If YES, enter the value of the personal/business property: $ Incentives S ❑YES WNO A manufactured home is included in the purchase price. If YES, enter the value attributed to the manufactured home: $ [-]YES O The manufactured home is subject to local property tax. If NO. enter decal number: D. (DYES NO The property produces rental or other income. If YES, tI income is from: ❑ Lease/rent ❑ Contract ❑ Mineral rights ❑ Other: E. The condition of the property at the time of sale was: ❑ Good r9Pverage ❑ Fair ❑ Poor Please describe: CERTIFICATION I certify (or declare) that the foregoing and all information hereon, including any accompanying statements or documents, is true and correct to the best of my knowledge and belief. The Assessor's office may contact you for additional information regarding the transaction. When recorded, mail to: Broker Solutions, Inc.dba New American Funding ATTN: Final Document Department 14511 Myford Road, Suite 100 Tustin, CA 92780 Title Order No.: 2614022861-70 Escrow No.: 14891-LA LOAN #: 138517151311 [Space Above This Line For Recording Data] DEED OF TRUST CASE #: 44-44-6-3707594 MIN 1003763-0002884153-2 MERS PHONE #: 1-888-679-6377 DEFINITIONS Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16. (A) "Security instrument" means this document. which is dated November 3, 2017, together with all all Riders to this document. (B) "Borrower" is EULISES A. PEREZ, A SINGLE MAN. Borrower's address is 2412 W Alondra Blvd, Compton, CA 90220. Borrower is the trustor under this Security Instrument. (C) "Lender" is Broker Solutions, inc.dba New American Funding. Lender is a Corporation, organized and existing under the laws of California. Lender's address is 14511 Myford Road, Suite 100,Tustin, CA 92780. CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: tom' Ellie Mae, Inc. Page 1 of 13 CAEDEDL 0315 CAEDEDL (CLS) F!�� r LOAN r: 138517151311 (D) "Trustee" is Old Republic Title Company. (E) "MERS" is Mortgage Electronic Registration Systems. Inc.�MERS is a separate corporation that is acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary under this Security Instrument. MERS is organized and existing under the laws of Delaware.. and has an address and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS. (F) "Note" means the promissory note signed by Borrower and dated November 3, 2017. The Note states that Borrower owes Lender THREE HUNDRED THIRTY ONE THOUSAND NINE HUNDRED EIGHTY SEVEN AND NO/100********************************************Dollars(U.S. $331,987.00 } plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than December 1, 2047. (G) "Property" means the property that is described below under the heading `Transfer of Rights in the Property.' (H) "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: J Adjustable Rate Rider J Condominium Rider Es Second Home Rider L J Balloon Rider 2L. Planned Unit Development Rider J Other(s) [specify] J 1-4 Family Rider ` Biweekly Payment Rider 0 V.A. Rider (J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and admin- istrative rules and orders (that have the effect of law) as well as all applicable final, non -appealable judicial opinions. (K) "Community Association Dues, Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft: or similar paper instrument, which is initiated through an electronic terminal: telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale transfers, automated teller machine transactions, transfers initiated by telephone: wire transfers. and automated clearinghouse transfers. (M) "Escrow Items" means those items that are described in Section 3. (N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property, (ii) condemnation or other taking of all or any part of the Property: (iii) conveyance in lieu of condemnation, or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on. the Loan. (P) "Periodic Payment' means the regularly scheduled amount due for (i) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation, Regulation X (12 C.F.R. Part 1024), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan"under RESPA. (R) "Successor in Interest of Borrower" means any party that has taken title to the Property: whether or not that party has assumed Borrowers obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lenders successors and assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1/01 Initials: s" _ Ellie Mae, Inc. Page 2 of 13 CAEDEDL 0315 CAEDEDL (CLS) �t LOAN #: 138517151311 all renewals.. extensions and modifications of the Note: and k�ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose. Borrower irrevocably grants and conveys to Trustee. in trust. with power of sale. the following described property !ecated in the County [Type of Recording Jurisdiction] of Los Angeles [Name of Recording Jurisdictionl: SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS "EXHIBIT A". APN #: 6310-023-270 which currently has the address of 2915 East 60th Place #S, Huntington Park, [Sireet] [City] Califomia 90255 (`Property Address'): [Zip Code] TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property.' Borrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument. but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to. releasing and canceling this Security Instrument. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non -uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on: the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check. treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1/01 Initials: C? Ellie Mae, Inc. Page 3 of 13 CAEDEDL 0315 „CAEDEDL (CLS) LOAN #: 138517151311 to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. if each Periodic Payment is applied as of its scheduled due date: then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time. Lender shall either apply such funds or return them to Borrower. If not applied earlier. such funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges, second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment can be paid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Payments: such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments; insurance proceeds; or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the amount. of the Periodic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds') to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property, (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Sec- tion 5; and (d) Mortgage Insurance premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in accordance with the provisions of Section 10. These items are called "Escrow Items." At origination or at any time during the term of the Loan, Lender may require that Community Association Dues, Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only be in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the amounts due for any Escrow Items for which payment of Funds has been waived by Lender and. if Lender requires, shall furnish to Lender receipts evi- dencing such payment within such time period as Lender may require. Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed to be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9 and pay such amount and Borrower shall then be obligated Under Section 9 to repay to Lender any such amount. Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender all Funds, and in such amounts; that are then required under this Section 3. Lender may; at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at the time specified under RESPA. and (b) not to exceed the maximum amount a lender can require under RESPA. Lender shall estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable Law. The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Borrower and Lender can agree in writing. however: that interest shall be paid on the Funds. Lender shall give to Borrower, without charge, an annual accounting of the Funds as required by RESPA. CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: 1 Ellie Mae. Inc. Page 4 Of 13 CAEDEDL 0315 j f CAEDEDL (CLS) LOAN #: 138517151311 If there is a surplus of Funds held in escrow. as defined under RESPA, Lender shall account to Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow. as defined under RESPA. Lender shah notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the shortage in accordance with P,ESPA, but in no more than 12 monthly payments. If there is a deficiency of Funds held in escrow; as defined under RESPA, Lender shall notif , Borrower as required by RESPA; and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA; but in no more than 12 monthly payments. Upon payment in full of all sums secured by this Security Instrument; Lender shall promptly refund to Borrower any Funds held by Lender. 4. Charges; Liens. Borrower shall pay all taxes, assessments; charges, fines, and impositions attributable to the Property which can attain priority over this Security Instrument; leasehold payments or ground rents on the Property, if any; and Community Association Dues. Fees. and Assessments, if any. To the extent that these items are Escrow Items; Borrower shall pay them in the manner provided in Section 3. Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Bor- rower is performing such agreement, (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded: or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument, Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including, but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sen- tences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination, certifica- tion and tracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above. Lender may obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore, such coverage shall cover Lender, but might or might not protect Borrower. Borrower's equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previ- ously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional loss payee and Borrower further agrees to generally assign rights to insurance proceeds to the holder of the Note up to the amount of the outstanding loan balance. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender ail receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender. for damage to, or destruction of, the Property: such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee and Borrower further agrees to generally assign rights to insurance proceeds to the holder of the Note up to the amount of the outstanding loan balance. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, k > CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1/01 Initials: Lk� Ellie Mae, Inc. Page 5 of 13 CAEDEDL 0315 CAEDEDL (CLS) r LOAN #€: 138517151311 whether or not the underlying insurance was required by Lender shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lenders security is not lessened. Dunng such repair and restoration period. Lender shall have the right to mold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction. provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress pav- rnents as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings On such proceeds. Fees for public adjusters; or other third parties, retained by Borrower shall not be paid Out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2. If Borrower abandons the Property; Lender may file, negotiate and settle any available insurance claim and related matters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle a claim; then Lender may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or if Lender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instru- ment, and (b) any other of Borrowers rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Property. insofar as such rights are applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due. 6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower's principal resi- dence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld; or unless extenuating circumstances exist which are beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on the Property. Whether or not Borrower is resid- ing in the Property, Borrower shall maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair or restoration is not economically feasible; Borrower shall promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be respon- sible for repairing or restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shall be in default if, during the Loan application process; Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan. Material representations include. but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) Borrower fails to perform the covenants and agreements contained in this Security Instrument. (b) there is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or regulations). or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this Security Instrument. including protecting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which has priority over this Security Instrument, (b) appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Property and/or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to; entering the Property to make repairs: change locks, replace or board up doors and windows, drain water CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1/01 Initials: Ellie Mae, Inc. Page 6 of 13 CAEDEDL 0315 `, `i CAEDEDL (CLS) LOAN #: 138517151311 from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this Section 9. Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbursed by Lender underthis Section 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. If this Security Instrument is on a leasehold. Borrower shall comply with all the provisions of the lease. Borrower shall not surrender the leasehold estate and interests herein conveyed or terminate or cancel the ground lease. Borrower shall not; without the express written consent of Lender, alter or amend the ground lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If, for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender will accept; use and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and Lender requires separately designated pay- ments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Bor- rower and Lender providing for such termination or until termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Bor- rower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time. and may enter into agree- ments with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance premiums). As a result of these agreements, Lender; any purchaser of the Note, another insurer, any reinsurer, any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or might be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreement provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the premiums paid to the insurer, the arrangement is often termed "captive reinsurance." Further: (a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund. (b) Any such agreements will not affect the rights Borrower has - if any - with respect to the Mortgage Insur- ance under the Homeowners Protection Act of 1998 or any other law. These rights may include the right to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance terminated automatically, and/or to receive a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1/01 Initials: Ellie Mae, Inc. Page 7 of 13 CAEDEDL 0315 CAEDEDL (CLS) .r i� LOAN #: 138517151311 period, Lender shall have the right to hold such !Jliscelianeous Proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may pay for the repairs and restoration in a single disbursement or in a series of progress payments as the work is completed. Unless an agreelr:ent is made in writing or Applicable Law requires interest to be paid on such Miscel- laneous Proceeds. Lender shall not be required to pay Borrower any interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or Lender's security would be lessened. the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument: whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for in Section 2. In the event of a total taking, destruction, or loss in value of the Property. the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument. whether or not then due, with the excess. if any, paid to Borrower. In the event of a partial taking; destruction, or loss in value of the Property in which the fair market value of the Prop- erty immediately before the partial taking, destruction. or loss in value is equal to or greater than the amount of the sums secured by this Security Instrument immediately before the partial taking, destruction, or loss in value; unless Borrower and Lender otherwise agree in writing. the sums secured by this Security Instrument shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediately before the partial taking, destruction, or loss in value divided by (b) the fair market value of the Property immediately before the partial taking, destruction; or loss in value. Any balance shall be paid to Borrower. In the event of a partial taking; destruction, or loss in value of the Property in which the fair market value of the Property immediately before the partial taking, destruction, or loss in value is less than the amount of the sums secured immedi- ately before the partial taking, destruction: or loss in value, unless Borrower and Lender otherwise agree in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument whether or not the sums are then due. If the Property is abandoned by Borrower. or if, after notice by Lender to Borrower that the Opposing Party (as defined in the next sentence) offers to make an award to settle a claim for damages, Borrower fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by this Security Instrument, whether or not then due. "Opposing Party" means the third party that owes Borrower Miscellaneous Proceeds or the party against whom Borrower has a right of action in regard to Miscellaneous Proceeds. Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Lender's judgment, could result in forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate as provided in Section 19; by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or claim for damages that are attributable to the impairment of Lender's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modifica- tion of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons; entities or Successors in Interest of Borrower or in arnounts less than the amount then due. shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument but does not execute the (Vote (a `co-signer"). (a) is co-signing this Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Farm 3005 1101 Initials: k' Ellie Mae, Inc. Page 8 of 13 CAEDEDL 0315 `, , i .i r , CAEDEDL (CLS) 1 ems, :IL. �c LOAN #: 138517151311 Subject to the provisions of Section 1 S. any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing, and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrowers obligations and liability under this Security Instru- ment unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrower's default, for the purpose of protecting Lender interest in the Property and rights under this Security Instrument, including: but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees, the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges. and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits: then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit: and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrowers acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender: (b) words in the singular shall mean and include the plural and vice versa, and (c) the word "may" gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18, Transfer of the Property or Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property means any legal or beneficial interest in the Property, including, but not limited to; those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural per- son and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option. Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1/01 Initials: Ellie Mae, Inc. Page 9 of 13 CAEDEDL 0315 • CAEDEDL (CLS) i LOAN #: 138517151311 sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this Deriod. Lender may invoke any remedies permitted by this Security instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions. Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument; (b ) such other period as Applicable Law might specify for the termination of Borrower's right to reinstate: or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements: (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attorneys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument: and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights underthis Security Instrument. and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (a) cash: (b) money order; (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency: instrumentality or entity: or (d) Electronic Funds Transfer. Upon reinstatement by Borrower; this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However; this right to reinstate shall not apply in the case of acceleration under Section 18. 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the Note (together with this Security Instrument) can be sold one or more times without prior notice to Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects Periodic Payments due under the Note and this Security Instru- ment and performs other mortgage loan servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer; Borrower will be given written notice of the change which will state the name and address of the new Loan Servicer. the address to which payments should be made and any other information RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise provided by the Note purchaser. Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an individual litigant or the member of a class) that arises from the other party's actions pursuant to this Security Instrument or that alleges that the other party has breached any provision of, or any duty owed by reason of, this Security Instrument, until such Borrower or Lender has notified the other party (with such notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to take corrective action. If Applicable Law provides a time period which must elapse before certain action can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity tc take corrective action provisions of this Section 20. 21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as toxic or hazardous substances: pollutants, or wastes by Environmental Law and the following substances: gasoline. kerosene, other flammable or toxic petroleurn products, toxic pesticides and herbicides, volatile solvents, materials con- taining asbestos or formaldehyde: and radioactive materials: (b) 'Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response action. remedial action: or removal action, as defined in Environmental Law; and (d) an "Environmental Condition' means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup. Borrower shall not cause or permit the presence. use; disposal, storage, or release of any Hazardous Substances, or threaten to release any Hazardous Substances; on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental Condi- tion, or (c) which, due to the presence, use: or release of a Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding two sentences shall not apply to the presence, use; or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to, hazardous substances in consumer products). CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1/01 Initials:--' Ellie Mae, Inc. Page 10 of 13 CAEDEDL 0315 r r r CAEDEDL (CLS) :', OL ® ir$ LOAN ": 138517151311 Borrower shah pro`�pt!,' glv)= Lender V,�-it en notice of (al any investigation claim de..and. lawsuit or other action by any governmenta: or regulatory age.. -CV Or A:i?Vag: pal':;' involv!ne tile Property and ary Hazardous Substance or Envi- ronmentai Law of which Borrower has. & ;tuai kn ,_-wedge. (b) any Environmental Condition, Including but not limited to, any spilling, leaking. discharge e!ease or threat of r elease of any Hazardous Substance. and (c) any condition caused by the presence. use or release of a :Hazardous Substance which adversely affects the value of the Property. If Bor- rower learns, or is notified by any g-,vernmental or regulatory authority. or any private party. that any removal of other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly 'take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. NON -UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result in accel- eration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to. reasonable attorneys' fees and costs of title evidence. If Lender invokes the power of sale, Lender shall execute or cause Trustee to execute a written notice of the occurrence of an event of default and of Lender's election to cause the Property to be sold. Trustee shall cause this notice to be recorded in each county in which any part of the Property is located. Lender or Trustee shall mail copies of the notice as prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. After the time required by Applicable Law, Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Trustee shall deliver to the purchaser Trustee's deed conveying the Property without any covenant or war- ranty, expressed or implied. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited to, reasonable Trustee's and attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Lender may charge such person or persons a reasonable fee for reconveying the Property., but only if the fee is paid to a third party (such as the Trustee) for ser,,ices rendered and the charging of the fee is permitted under Applicable Law. if the fee charged does not exceed the fee set by Applicable Law; the fee is conclusively presumed to be reasonable. 24. Substitute Trustee. Lender, at its option may from time to time appoint a successor trustee to any Trustee appointed hereunder by an instrument executed and acknowledged by Lender and recorded in the office of the Recorder of the county in which the Property is located. The instrument shall contain the name of the original Lender, Trustee and Bor- rower, the book and page where this Security Instrument is recorded and the name and address of the successor trustee. Without conveyance of the Property, the successor trustee shall succeed to all the title, powers and duties conferred upon the Trustee herein and by Applicable Law. Tnis procedure for substitution of trustee shall govern to the exclusion of all other provisions for substitution. 25. Statement of Obligation Fee. Lender may collect a fee not to exceed the maximum amount permitted by Appli- cable Law for furnishing the statement of oil -ligation as provided by Section 2943 of the Civil Code of California. CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: - Ellie Mae. Inc. Page 11 of 13 CAEDEDL 031115 CAEDEDL(CLS) LOAN #: 138517151311 The undersigned Borrower requests that a copy of any Notice of Default and any Notice of Sale under this Security Instrument be mailed to Borrower at the address set forth above. BY SIGNING BELOW, Borrower accepts and agrees to the tem?s and covenants Contained In this Security Instrument and in any Rider executed by Borrower and recorded with it. I j 4--- (Seal) EULI A notary public or 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 County of LOS ANGELES On before me,`_10,VV_C'SU mas-ctLk!-& R0 CAEht-tP.Ak.',A (here insert name and title of the officer), personally appeared EULIAES A. PEREZ, who proved to me,,dn the basis of satisfactory evidence to be the persons) whose �Csjare subscribed to the within instrument and ackn _wledged to me that 6 Jshe/they executed the same in(hA/her/their authorized capacity.,esj, and that by is her/their signature�s�on the instrument the personjs), or the entity upon behalf of which the personS,s acted, executed the instrument. 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. Signature (NOTARY) (SEAL) VANESSA MOSQUE-DA DE Commission # 20 220 z =� Notary Public - CaHto nia i _ ° Los Angeles Coun?y - My Comm. Expires Mar 7, 201 c j CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1/01 Ellie Mae. Inc. Page 12 of 13 Initials: CAEDEDL 0315 CAEDEDL(CLS) Lender: Broker Solutions, lnc.dba New American Funding NMLS ID: 6606 Broker: NMLS ID: 6606 Loan Originator: Robert Reza NMLS ID: 1189012 CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Ellie Mae. Inc. Page 13 of 13 LOAN #: 1385171513 11 c Initials: CAEDEDL 0315 CAEDEDL (CLS) ORDER NO.: 2614022861 EXHIBIT A The land referred to is situated In the County of Los Angeles, City of Huntington Park, State of California, and is described as follows: Lot 22 of Tract No. 43028, in the City of Huntington Park, County of Los Angeles, State of California, as per Map Recorded in Book 1042, Page(s) 3 to 6 inclusive of Maps, in the Office of the County Recorder of said County. EXCEPT THEREFROM all oil, oil rights, natural gas, natural gas rights and other hydrocarbons by whatsoever name known, and all other minerals and mineral rights, whether or not similar to those herein mentioned, below a depth of 500 feet provided that Grantor shall not have any right of surface entry to drill, mine, explore or otherwise operate upon, in, through or under the land herein conveyed, in the exercise of the herein excepted and reserved rights as reserved by Edith A. Smith, in Deed Recorded August 18, 1983, as Instrument No. 83-958085, by Luis M. Guzman, in Deed Recorded June 17, 1983, as Instrument No. 83-683479, by Anna E. Erman in Deed Recorded June 6, 1983, as Instrument No. 83-628245, by Manuel De Leon and Maria De Leon, Roberto Garcia and Yolanda Garcia, in Deed Recorded August 8, 1983 as Instrument No. 83-910106, by Efrain Arellano and Elva Arellano, husband and wife and Efrain Antonio Arrellano, a single man, in Deed Recorded September 13, 1983, as Instrument No. 83-1070195, by Francisco Fonseca and Josefina Fonseca, in Deed Recorded August 25, 1983, as Instrument No. 83-989092, by Edward H. Olson, in Deed Recorded August 23, 1983, as Instrument No. 83- 997128, by Ronald L. Vasquez and Constance Mae Vasquez, Verla Botkin and Lorraine Botkin, in Deed Recorded July 7, 1983, as Instrument No. 83-769579 and 83769580 and by Noel Valentin Bernal and Graciela Bernal, in Deed Recorded September 26, 1983, as Instrument No. 83- 1131450, all of Official Records. APN: 6310-023-270 Page 1 of 1 LOAN #: 138517151311 CASE #: 44-44-6-3707594 MIN: 1003763-0002884153-2 VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER NOTICE: THIS LOAN IS NOTASSUMABLE WITH- OUT THE APPROVAL OF THE DEPARTMENT OF VETERANS AFFAIRS OR ITS AUTHORIZED AGENT. THIS VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER is made this 3rd day of November, 2017, and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Deed to Secure Debt (herein "Security Instrument") dated of even date herewith, given by the undersigned (herein "Borrower") to secure Borrower's Note to Broker Solutions, Inc.dba New American Funding, a Corporation (herein "Lender") and covering the Property described in the Security Instrument and located at 2915 East 60th Place #S Huntington Park, CA 90255 VA GUARANTEED LOAN COVENANT: In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: If the inciebleciness secured ifereby be guaranteed or Ensured under Title 38, United States Code. such Title and: Regulations issued thereunder and in effect on the date hereof shall govern the rights.. duties and liabilities of Borrower and Lender. Any provi- sions of the Security Instrument or other instruments executed in connection with said indebtedness which are inconsistent with said Title or Regulations, including, but not limited to, the provision for payment of any sum in connection with prepayment of the secured indebtedness and the provision that the Lender may accelerate payment of the secured indebtedness pursuant to Covenant 18 of the Security Instrument. are hereby ;� VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER Initials: "i - Ellie Mae. Inc Page 1 of 3 P8751ARL 1011 P8751ARL(CLS) LOAN #: 138517151311 amended or negated to the extent necessary to conform such instruments to said Title or Regulations. LATE CHARGE: At Lender's option, and as allowed by applicable state law, Borrower will pay a elate charge" not exceeding four per centum (4%) of the overdue payment when paid more than fifteen (15) days after the due date thereof to cover the extra expense involved in handling delinquent payments, but such "late charge" shall not be payable out of the proceeds of any sale made to satisfy the indebtedness secured hereby, unless such proceeds are sufficient to discharge the entire indebtedness and all proper costs and expenses secured hereby. GUARANTY: Should the Department of Veterans Affairs fail or refuse to issue its guaranty in full amount within 60 days from the date that this loan would normally become eligible for such guaranty committed upon by the Department of VeteransAffairs under the provisions of Title 38 of the U.S. Code `Veterans Benefits," the Mortgagee may declare the indebt- edness hereby secured at once due and payable and may foreclose immediately or may exercise any other rights hereunder or take any other proper action as by law provided. TRANSFER OF THE PROPERTY: This loan may be declared immediately due and payable upon transfer of the property securing such loan to any transferee, unless the acceptability of the assumption of the loan is established pursuant to Section 3714 of Chapter 37, Title 38, United States Code. An authorized transfer ("assurrlption") of the property shall also be subject to additional covenants and agreements as set forth below: (a) ASSUMPTION FUNDING FEE: Afee equal to one-half of 1 percent (.50%) of the balance of this loan as of the date of transfer of the property shall be payable at the time of transfer to the loan holder or its authorized agent, as trustee forthe Department of Veterans Affairs. if the assumer Iaiis to pay this fee at the time of transfer, the fee shall constitute an additional debt to that already secured by this instrument; shall bear interest at the rate herein provided, and, at the option of the payee of the indebtedness hereby secured or any transferee thereof, shall be immediately due and payable. This fee is automatically_ waived if the asS! rner is exempt under the provisions of 38 U.S.C. 3729 (c). (b) ASSUMPTION PROCESSING CHARGE: Upon application for approval to allow assumption ofthis loan, a processing fee may be charged by the loan holderor its authorized VA GUARANTEED LOAN A."dD ASSUMPTION POLICY RIDER Initials: Ellie Mae. Inc. Page 2 of 3 P8751.APL 1011 P8751ARL(CLS) LOAN M 138517151311 agent for determining the creditworthiness of the assumer and subsequently revising the holder's ownership records when an approved transfer is completed. The amount of this charge shall not exceed the maximum established by the Department of Veterans Affairs for a loan to which Section 3714 of Chapter 37. Title 38, United States Code applies. (c) ASSUMPTION INDEMNITY LIABILITY: If this obligation is assumed, then the assumer hereby agrees to assume all of the obligations of the veteran under the terms of the instruments creating and securing the loan. The assumer further agrees to indemnify the Department of Veterans Affairs to the extent of any claim payment arising from the guaranty or insurance of the indebtedness created by this instrument. IN WITNESS WHEREOF, Borrower(s) has executed this VA Guaranteed Loaf and Assumption Policy Rider. VA GUARANTEED I-OAN AND ASSLiNiPTICN POLICY RIDER Ellie Mae.. !nc Page 3 of 3 IY1-s I'r�• f j ^I--- (Seal) Initials: _ - '' P8751ARL ?O11 P8751ARL (CLS) LOAN #: 138517151311 MIN: 1003763-0002884153-2 PLANNED UNIT DEVELOPMENT RIDER CASE #: 44-44-6-3707594 THIS PLANNED UNIT DEVELOPMENT RIDER is made this 3rd day of November, 2017 and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security Instrument") of the same date, given by the undersigned (the "Borrower") to secure Borrower's Note to Broker Solutions, Inc.dba New American Funding, a Corporation (the "Lender") of the same date and covering the Property described in the Security Instrument and located at: 2915 East 60th Place #S, Huntington Park, CA 90255. The Property includes, but is not limited to, a parcel of land improved with a dwelling, together with other such parcels and certain common areas and facilities, as described In COVENANTS, CONDITIONS AND RESTRICTIONS (the "Declaration"). The Property is a part of a planned unit development known as North Park (the "PU D"). The Property also includes Borrower's interest in the homeowners association or equivalent entity owning or managing the common areas and facilities of the PUD (the and, the uses. benefits and proceeds of Borrower's interest. PUD COVENANTS. in addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: A. PUD Obligations. Borrower shall perform all of Borrower's obligations under the PU D's Constituent Documents. The "Constituent Documents" are the (i) Declaration; (ii) articles of incorporation, trust instrument or any equivalent document which creates the Owners Association; and (iii) any by-laws or other rules or regulations of the Owners Initials: C% MULTISTATE PUD RIDER --Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3150 1/01 Ellie Mae, Inc. Page 1 Of 3 F315ORLU 0115 F315ORLU (CLS) E :r' IJ, 'L r r LOAN #: 138517151311 Association. Borrower shall promptly pay, when due, all dues and assessments imposed pursuant to the Constituent Documents. B. Property Insurance. So long as the Owners Association maintains, with a generally accepted insurance carrier, a "master" or "blanket" policy insuring the Property which is satisfactory to Lender and which provides insurance coverage in the amounts (including deductible levels), for the periods, and against loss by fire, hazards included within the term "extended coverage," and any other hazards, including, but not limited to, earthquakes and floods, for which Lender requires insurance, then: (i) Lenderwaives the provision in Section 3 for the Periodic Payment to Lender of the yearly premium installments for property insurance on the Property; and (ii) Borrower's obligation under Section 5 to maintain property insurance coverage on the. Property is deemed satisfied to the extent that the required coverage is provided by the Owners Association policy. What Lender requires as a condition of this waiver can change during the term of the loan, Borrower shall give Lender prompt notice of any lapse in required property insurance coverage provided by the master or blanket policy. In the event of a distribution of property insurance proceeds in lieu of restoration or repair following a loss to the Property, or to common areas and facilities of the PUD, any proceeds payable to Borrower are hereby assigned and shall be paid to Lender. Lender shall apply the proceeds to the sums secured by the Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. C. Public Liability Insurance. Borrower shall take such actions as may be reasonable to ensure that the Owners Association maintains a public liability insurance policy acceptable in form, amount, and extent of coverage to Lender. D. Condemnation. The proceeds of any award or claim for damages, direct or consequential, payable to Borrower in connection with any condemnation or othertaking of all or any part of the Property or the common areas and facilities of the PUD, or for any conveyance in lieu of condemnation, are hereby assigned and shall be paid to Lender. Such proceeds shall be applied by Lender to the sums secured by the Security instrument as provided in Section 11. E. Lender's Prior Consent. Borrower shall not, except after notice to Lender and with Lender's prior written consent, either partition or subdivide the Property or consent to: (i) the abandonment or termination of the PUD, except for abandonment or termination required by law in the case of substantial destruction by fire or other casualty or in the case of a taking by condemnation or eminent domain; (ii) any amendment to any provision of the "Constituent Documents" if the provision is for the express benefit of Lender-, (iii) termination of professional management and assumption of f� Initials: — MULTISTATE PUD RIDER --Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3150 1101 Ellie Mae, Inc. Page 2 of 3 F315ORLU 0115 F315ORLU (CLS) k •r L• F� P . IL V. . sr�e LOAN #: 138517151311 self -management of the Owners Association; or (iv) any action which would have the effect of rendering the public liability insurance coverage maintained by the Owners Association unacceptable to Lender. F. Remedies. If Borrower does not pay PUD dues and assessments when due, then Lender may pay them. Any amounts disbursed by Lender under this paragraph F shall become additional debt of Borrower secured by the Security Instrument. Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this PUD Rider. (Seal) Initials: �r`• MULTISTATE PUD RIDER--Sinale Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3150 1/01 Ellie Mae. Inc Page 3 of 3 F3150RI_U 0115 F315ORLU(CLS) K'A 165�. X / vindw.. Escrow Servi e, Inc. Eulises A Perez RE: Property Address: 2915 East 60th Place #S, Huntington Park, CA 90255 In connection with the above numbered escrow, we enclose the following: Preliminary Title Report 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Date: November 6.2017 Escrow No.: 5044-LA Per original Escrow Instructions, you have 12 days for approval of the above listed documents. If the time limit noted above cannot be complied with, then the Buyer's deposit of final funds to close this escrow shall satisfy this item in full. We appreciate the opportunity to be of service to you in this transaction. Should you have any questions. please call us at the telephone number(s) referenced above. Officer/Manager f3/ Inc. RECEIPT IS ACKNOWLEDGED OF THE ABOVE LISTED DOCUMENTS AND SAME ARE HEREBY approved with the exception of the following items: * ( * OLD REPUBLIC TITLE COMPANY 9155 Telegraph Road #105 Pico Rivera, CA 90660 (562) 942-7652 PRELIMINARY REPORT Concierge Escrow Service 12631 E. Imperial Hwy., Bldg. "A", #213 Santa Fe Springs, CA 90670 Phone: (949) 954-6571 Fax: (949) 954-6575 Attention: LETTY ASCENCIO Property Address: UPDATE Our Order Number 2614022861-70 When Replying Please Contact: 2915 East 60th Place #S, Huntington Park, CA 90255 Dave Boswell title0l.la@ortc.com Ph: (562) 942-7652 Efax: (562) 395-5562 In response to the above referenced application for a policy of title insurance, OLD REPUBLIC TITLE COMPANY, as issuing Agent of Old Republic National Title Insurance Company, hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy or Policies are set forth in Exhibit I attached. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the Homeowner's Policy of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit I. Copies of the Policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit I of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. Dated as of October 18, 2017, at 7:30 AM OLD REPUBLIC TITLE COMPANY For Exceptions Shown or Referred to, See Attached Page 1 of 9 Pages ORT 3158-A (Rev.08/07/08) OLD REPI BLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE The form of policy of title insurance contemplated by this report is: Homeowners Policy of Title Insurance - 2013; and ALTA Loan Policy - 2006. A specific request should be made if another form or additional coverage is desired. The estate or interest in the land hereinafter described or referred or covered by this Report is: Fee Title to said estate or interest at the date hereof is vested in: City of Vernon The land referred to in this Report is situated in the County of Los Angeles, City of Huntington Park, State of California, and is described as follows: Lot 22 of Tract No. 43028, in the City of Huntington Park, County of Los Angeles, State of California, as per Map Recorded in Book 1042, Page(s) 3 to 6 inclusive of Maps, in the Office of the County Recorder of said County. EXCEPT THEREFROM all oil, oil rights, natural gas, natural gas rights and other hydrocarbons by whatsoever name known, and all other minerals and mineral rights, whether or not similar to those herein mentioned, below a depth of 500 feet provided that Grantor shall not have any right of surface entry to drill, mine, explore or otherwise operate upon, in, through or under the land herein conveyed, in the exercise of the herein excepted and reserved rights as reserved by Edith A. Smith, in Deed Recorded August 18, 1983, as Instrument No. 83-958085, by Luis M. Guzman, in Deed Recorded June 17, 1983, as Instrument No. 83-683479, by Anna E. Erman in Deed Recorded June 6, 1983, as Instrument No. 83-628245, by Manuel De Leon and Maria De Leon, Roberto Garcia and Yolanda Garcia, in Deed Recorded August 8, 1983 as Instrument No. 83-910106, by Efrain Arellano and Elva Arellano, husband and wife and Efrain Antonio Arrellano, a single man, in Deed Recorded September 13, 1983, as Instrument No. 83-1070195, by Francisco Fonseca and Josefina Fonseca, in Deed Recorded August 25, 1983, as Instrument No. 83-989092, by Edward H. Olson, in Deed Recorded August 23, 1983, as Instrument No. 83-997128, by Ronald L. Vasquez and Constance Mae Vasquez, Verla Botkin and Lorraine Botkin, in Deed Recorded July 7, 1983, as Instrument No. 83-769579 and 83769580 and by Noel Valentin Bernal and Graciela Bernal, in Deed Recorded September 26, 1983, as Instrument No. 83- 1131450, all of Official Records. APN:6310-023-270 2 of 9 ORT 3158-B OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE At the date hereof exceptions to coverage in addition to the Exceptions and Exclusions in said policy form would be as follows: Taxes and assessments, general and special, for the fiscal year 2017 - 2018, as follows: Assessor's Parcel No 6310-023-270 Code No. 00594 1st Installment $2,386.70 NOT Marked Paid 2nd Installment $2,386.69 NOT Marked Paid Land Value $19,305.00 Imp. Value $295,546.00 2. The lien of supplemental taxes, if any, assessed pursuant to the provisions of Section 75, et seq., of the Revenue and Taxation Code of the State of California. 3. Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 6712 of Deeds, Page 274 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded : in Book 29001 of Official Records, Page 372 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 3 of 9 ORT 3158-B OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE 4. Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 1680 of Official Records, Page 198 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded . in Book 29001 of Official Records, Page 372 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 5. Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded : in Book 3027 of Official Records, Page 283 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. 4 of 9 ORT 3158-B OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded : in Book 29001 of Official Records, Page 372 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 6. Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 8116 of Official Records, Page 1 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded : in Book 29001 of Official Records, Page 372 5 of 9 ORT 3158-B OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 29001 of Official Records, Page 372 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." An easement affecting that portion of said land and for the purposes stated herein and incidental purposes as provided in the following For Underground electrical supply systems and community systems (hereinafter referred to as systems �, consisting of wires, underground conduits, cables, vaults, manholes, handholes, and including above -ground enclosures, markers and concrete pads and other appurtenant fixtures and equipment necessary or useful for distributing electrical energy and for transmitting intelligence by electrical means Recorded July 26, 1985 in Official Records As Instrument No. 85-862122 Affects As described therein 6of9 ORT 3158-B OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE 9. An easement affecting that portion of said land and for the purposes stated herein and incidental purposes as provided in the following For Underground communication facilities as grantees may from time to time require (including ingress thereto and egress therefrom) consisting of wires, cables, conduits, manholes, handholes and aboveground markers, pedestals, terminal equipment cabinets, other associated electrical conductors and necessary fixtures and appurtenances Recorded September 5, 1985 in Official Records As Instrument No. 85- 1026173 Affects As described therein 10. Matters in an instrument that, among other things, contain or provide for easements, assessments, liens and their subordination, covenants, conditions and restrictions, which provide that no violation thereof and no enforcement of any lien provided for therein shall defeat or render invalid the lien of a mortgage or deed of trust made in good faith and for value, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped person. Recorded November 4, 1985 in Official Records As Instrument No. 85-1305505 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 11. Matters as contained or referred to in an instrument, Entitled "Certificate of Correction" Executed By Jacob F. Rems Dated May 1, 1987 Recorded June 3, 1987 in Official Records As Instrument No. 87-877578 Which Among Other Things "This correction affects Sheets 2 and 4 of Tract No. 43028, Recorded Provides in Book 1042, Pages(s) 3 to 6 of Maps." Page 7 of 9 Pa ORT 3158-B OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE 12. We find no open Deeds of Trust of record. Please verify by inquiry of Escrow Personnel and/or Agents whether or not we have overlooked something and advise the Title Department accordingly prior to closing. 13. The requirement that satisfactory evidence be furnished to this Company of compliance with applicable statutes, ordinances and charters governing the ownership and disposition of the herein described land. 14. The requirement that this Company be provided with an opportunity to inspect the land. The Company reserves the right to make additional exceptions and/or requirements upon completion of its inspection. 15. The Homeowner's Policy applies only if each insured named in Schedule A is a Natural Person (as Natural Person is defined in said policy). If each insured to be named in Schedule A is not such a Natural Person, contact the Title Department immediately. -------------------- Informational Notes ------------------- A. The applicable rate(s) for the policy(s) being offered by this report or commitment appears to be sections) 1.1 & 2.1. B. The above numbered report (including any supplements or amendments thereto) is hereby modified and/or supplemented to reflect the following additional items relating to the issuance of an American Land Title Association loan form policy: MINA NOTE: Our investigation has been completed and there is located on said land a single family residence (planned unit development) known as 2915 East 60th Place #S, City of Huntington Park, County of Los Angeles, California 90255. The ALTA loan policy, when issued, will contain the CLTA 100 Endorsement and 116 series Endorsement. Unless shown elsewhere in the body of this report, there appear of record no transfers or agreements to transfer the land described herein within the last three years prior to the date hereof, except as follows: NONE Page 8 of 9 Pa ORT 3158-B OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE C. All transactions that close on or after March 1, 2015 will include a 520.00 minimum recording service fee, plus actual charges required by the County Recorder. 9 of 9 Pages ORT 3158-8 Exhibit I CLTA HOMEOWNER'S POLICY OF TITLE INSURANCE (12/02/13) ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE EXCLUSIONS In addition to the Exceptions in Schedule 8, You are not insured against loss, costs, attorneys' fees, and expenses resulting from: 1. Governmental police power, and the existence or violation of those portions of any law or government regulation concerning: a. building; b. zoning; C. land use; d. improvements on the Land; e. land division; and f. environmental protection. This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27. 2. The failure of Your existing structures, or any part of them, to be constructed in accordance with applicable building codes. This Exclusion does not limit the coverage described in Covered Risk 14 or 15. 3. The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17. 4. Risks: a. that are created, allowed, or agreed to by You, whether or not they are recorded in the Public Records; b. that are Known to You at the Policy Date, but not to Us, unless they are recorded in the Public Records at the Policy Date; C. that result in no loss to You; or d. that first occur after the Policy Date - this does not limit the coverage described in Covered Risk 7, 8.e., 25, 26, 27 or 28. 5. Failure to pay value for Your Title. 6. Lack of a right: a, to any land outside the area specifically described and referred to in paragraph 3 of Schedule A; and b. in streets, alleys, or waterways that touch the Land. This Exclusion does not limit the coverage described in Covered Risk 11 or 21. 7. The transfer of the Title to You is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy, state insolvency, or similar creditors' rights laws. 8. Contamination, explosion, fire, flooding, vibration, fracturing, earthquake or subsidence. 9. Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances. LIMITATIONS ON COVERED RISKS Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows: For Covered Risk 16, 18, 19, and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A. The deductible amounts and maximum dollar limits shown on Schedule A are as follows: Your Deductible Amount Our Maximum Dollar Limit of Liability Covered Risk 16: 1.00% of Policy Amount or $5,000.00 $25,000.00 (whichever is less) Covered Risk 18: 1.00% of Policy Amount or $5,000.00 $25,000.00 (whichever is less) Covered Risk 19: 1.00% of Policy Amount or $5,000.00 $25,000.00 (whichever is less) Covered Risk 21: 1.00% of Policy Amount or $5,000.00 $25,000.00 (whichever is less) Page 1 of 2 Exhibit I AMERICAN LAND TITLE ASSOCIATION LOAN POLICY OF TITLE INSURANCE - 2006 EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 13, or 14); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing -business laws of the state where the Land is situated. 5. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth -in -lending law. 6. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy. 7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b). EXCEPTIONS FROM COVERAGE — SCHEDULE 8, PART 1, SECTION ONE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) that arise by reason of: 1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. The types of personal information we collect and share depend on the product or service you have with us. This information can include: • Social Security number and employment information • Mortgage rates and payments and account balances • Checking account information and wire transfer instructions When you are no longer our customer, we continue to share your information as described in this notice. All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Old Republic Title chooses to share; and whether you can limit this sharing. For our everyday business purposes — such as to process your transactions, maintain your account(s), or respond to court orders and Yes No legal investigations, or report to credit bureaus For our marketing purposes — to offer our products and services to you No We don't share For joint marketing with other financial companies No We don't share For our affiliates' everyday business purposes — information about your transactions and experiences Yes No For our affiliates' everyday business purposes — No We don't share information about your creditworthiness For our affiliates to market to you No We don't share For non -affiliates to market to you No We don't share Questions Go to www.oldrepublictitle.com (Contact Us) Who is providing this notice? I Companies with an Old Republic Title name and other affiliates. Please see below for a list of affiliates. How does Old Republic Title protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. For more information, visit http://www.oldRepublicTitle.com/newnational/Contact/privacy. How does Old Republic Title We collect your personal information, for example, when you: collect my personal information? . Give us your contact information or show your driver's license • Show your government -issued ID or provide your mortgage information • Make a wire transfer We also collect your personal information from others, such as credit bureaus, affiliates or other companies. Why can't I limit all sharing? Federal law gives you the right to limit only: • Sharing for affiliates' everyday business purposes - information about your creditworthiness • Affiliates from using your information to market to you • Sharing for non -affiliates to market to you State laws and individual companies may give you additional rights to limit sharing. See the "Other important information" section below for your rights under state law. Affiliates Companies related by common ownership or control. They can be financial and nonfinancial companies. • Our affiliates include companies with an Old Republic Title name, and financial companies such as Attorneys' Title Fund Services, LLC, Lex Terroe National Title Services, Inc., Mississippi Valley Title Services Company, and The Title Company of North Carolina. Non -affiliates Companies not related by common ownership or control. They can be financial and non -financial companies. • Old Republic Title does not share with non -affiliates so they can market to you Joint marketing A formal agreement between non-affiliated financial companies that together market financial products or services to you. • Old Republic Title doesn't jointly market. Oregon residents only: We are providing you this notice under state law. We may share your personal information (described on page one) obtained from you or others with non -affiliate service providers with whom we contract, such as notaries and delivery services, in order to process your transactions. You may see what personal information we have collected about you in connection with your transaction (other than personal information related to a claim or legal proceeding). To see your information, please click on "Contact Us" at www.oldrepublictitle.com and submit your written request to the Legal Department. You may see and copy the information at our office or ask us to mail you a copy for a reasonable fee. If you think any information is wrong, you may submit a written request online to correct or delete it. We will let you know what actions we take. If you do not agree with our actions, you may send us a statement. ering This Notice American First Abstract, LLC American First Title & Trust American Guaranty Title Attorneys' Title Fund Compass Abstract, Inc. Company insurance Company Services, LLC eRecording Partners Genesis Abstract, LLC Kansas City Management L.T. Service Corp. Lenders Inspection Network, LLC Group, LLC Company Lex Terrae National Title Lex Terrae, Ltd. Mara Escrow Company Mississippi Valley Title National Title Agent's Services, Inc. Old Republic Exchange Services Company Old Republic National Services Company Old Republic Title and Old Republic Branch Old Republic Diversified Information Services, Inc. Services, Inc. Company Title Insurance Company Old Republic Title Escrow of Hawaii, Ltd. Old Republic Title Old Republic Title Co. Old Republic Title Company Old Republic Title Company of Conroe of Indiana Company of Nevada Company of Oklahoma Old Republic Title Company Old Republic Title Company Old Republic Title Company Old Republic Title Old Republic Title of Oregon of St. Louis of Tennessee Information Concepts Insurance Agency, Inc. Old Republic Title, Ltd. Republic Abstract & Sentry Abstract Company The Title Company of Title Services, LLC Settlement, LLC North Carolina Trident Land Transfer Company, LLC 6310 GALE 1" - CODE 594 BELGRAVE AVE. U FOR PREV. ASSMT, SEE. 1851 - 23 TRACT NO. 45428 M. B. 1096 - 50 - 52 TRACT NO 43028_ M. B. 1042 - 3 - 6 Revised: 3 2/3b 71WI2 Bo;O/6 B2lY.�7PP..• ftmw-914 got, B9Gl;7�-d5 BSfi 9%%V /O - d6 dSi'c'68tl7 -dd t�YSCY.P/O�Z A� 87iO4fOBDiJD Z✓ is B9ag98gvC2aa/ 1�-90036%aDraoe 9oosis a a SSSESSOVS MAP COUNTY OF LDS ANGEUES, CA? IF. N 0 m i ^�m ,C.. 00 l -� UOE: LO Ior d �-1 Tr S m oM GM c� �.- i -- i alp I � o � i5 aaoml 2: 1 O O O Z N LEJ CO U�a .. at o Ln v x Cr— aZ.-W OM<Z 1—gz: o24M Nzo� >MLLo O � O O mZ c Do Ln U W 0 m � I E2'>Ii � �•a NO ;� if'E tn' nZ i. F , �,,7 - — W 1�•--��-�a-i o<•e � y N '1 C LO m = ¢ 1 U m a w i9 i sq z' Zf'9 Cil Notice Page of 2----_-.---_----_- Requested By: ORT7021XML. Printed. 9282017512 PM _---- Order 2614022861 Doc. CALOSA:MASS 6310-00023 EXHIBIT C /v'-' ov el Escrow Servf e, Inc. City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 RE: Property Address: 2915 East 60th Place #S, Huntington Park, CA 90255 Dear Carlos Fandino , Authorized Signer: 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Date: November 14, 2017 Escrow No.: 5044-LA We are pleased to inform you that the above referenced escrow was closed on November 13, 2017 and we enclose the following for your records: Our Check in the amount of $302,114.80 representing your proceeds. Final Settlement/Closing Costs Statement. Copy of 1099 Taxpayer Reporting Information. (This tax information is being furnished to the Internal Revenue Service.) Any documents to which you are entitled will be forwarded to you directly from the appropriate governing party. We hope this transaction has been handled to your satisfaction, and that we may be of service to you again should 'or escrow services in the future. Service, Inc. Escrow Officer/Manager LA Escrow Seri e, Inc. Century 21 Allstars 9155 Telegraph Road,2nd Floor Pico Rivera, CA 90660 Attn: Luther Sanchez RE: Property Address: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Date: November 13, 2017 Escrow No.: 5044-LA We are pleased to inform you that the above referenced escrow was closed on November 13, 2017 and we enclose the following for your records: Copy of Closing Statement. Your commission check in the amount of $8,125.00. It has been a pleasure for us to handle your escrow transaction. We appreciate the opportunity to work with you and crow services to you in the future. Inc. LA Escrow Service, Inc. SELLER'S CLOSING STATEMENT Final File No.: 5044-LA Officer/Escrow Officer: Letty Ascencio Buyer/Borrower: Eulises A. Perez 2915 East 60th Place #S, Huntington Park, CA 90255 Seller: City of Vernon 4305 Santa Fe Avenue, Vernon, CA 90058 Property: 2915 East 60th Place #S, Huntington Park. CA 90255 12631 E. Imperial Highway Building "A", Suite 215 Santa Fe Springs CA 90670 Tel: (949) 954-6571 Fax: (949) 654-6575 Printed Date/Time: I I/14/2017 - 1 1:29:01 AM Page I of, I Closing Date: 1 1!13/2017 Disbursement Date: 1 1/13/2017 Loan Number: 138517151311 DESCRIPTION h .;: DEBITS CREDITS TOTAL CONSIDERATION 325.000.00 Upfront HOA Fee- Earnest Deposit 204.00 --..—..--- PRORATIONS/ADJUSTMENTS: Property Tax (ri;, 4,773.39 per 12 month(s) I I.'13i2017 to 1 /0IY2018 036•-I5 Homeowner's Association Dues'u 270.00 per I nwnth(s) 1 1!13'2017 to 1 1/30/2017 _ 144 00 COMMISSION(S): Listing, Broker: Century 21 Allstars 9.125.00 _ Sellin, Broker: CHLV Group 8,125.00 TITLE CHARGES Owner's Premium for 325,000.00: Old Republic Title 1,252.00 Deed Recording Fee: Old Republic Title 18.00 County Transfer Tax: Old Re ublic Title 357.50 Subescrow Fee: Old Republic Title 50.00 ESCROW CHARGES TO: Concierge Escrow Service Inc. Settlement Agent Fee 1,062.50 Document Preparation Fee 125.00 Archive Fee 50.00 Messenger Fee 75.00 Wire Fee 25.00 TAXES: 1'ro erty Tax 2017-2018 1 st Half to: Los Angeles County Tax Collector #6310.023.270 2,386.70 ADDITIONAL DISBURSEMENTS: _ Pest inspection: Warrior Termite 595.00 Natural Hazard Report Fee: M NHD.Com 74.95 Transaction Coordinator Fee: Century 21 Allstars 275.00 Home Owner's Warranty: Old Re ublic Home Protection 480.00 Statement Fee: HOAG Property Management Inc POC $105.00 105.00 _ Document Fee: HOAG Property Management Inc POC $99.00 Late Fee: North Park IIOA 10.00 Association Dues -November 2017: North Park 140A 270.00 SUBTOTALS 23,665.65 325,780.45 DUE TO SELLER 302,1 14.8U ,rnri,Ai r _.1 325,780.451 325,780.45 Letty Ascencio, Escrow Officer THIS IS A SUMMARY OF THE FINAL CLOSING TRANSACTION PREPARED BY CONCIERGE ESCROW SERVICE, INC'.. THIS IS NOT AN OFFICIAL GOVERNMENTAL DISCLOSURE. DocuSign Envelope ID: 187E45C9-7C96-419D-8720-EOD3F7689645 12631 E. Imperial Highway Sant Building Springs CA90670 Escrow Service, Inc. Tel: (949) 954-6571 Fax: (949) 654-6575 SELLER'S CLOSING STATEMENT Estimated File No.: 5044-LA Officer/Escrow Officer: Letty Ascencto Printed Datelrime: 1 l,'06 2017 - 9:40:20AM Page I of 2 Closing Date: 11 07 2017 Disbursement Date: Loan Number: 138517151311 Buyer/Borrower: Eulises A. Petcz Seller: Ciryof Vcmon 4305 Santa Fe Avenue, Vernon, CA 90059 Property: 2915 East 60th Place #S, Huntington Park, CA 90255 DESCRIPTION DEBITS CREDITS, TOTAL CONSIDERATION 325.000.00 Upfront HOA Fee- Earnest Deposit 204 00 P RORATI ONS/A DJ USTM ENTS: Property Tax 0. 4.773.39 per 12 month(s) 11107 2017 to 1 01 2018 716 01 Homeowner's Association Dues A 270.00 per 1 month(s) 10 31 2017 to 11 07'2017 54.00 COMI411SSION S : Listing Broker: Century 21 Allstars 8,125 00 Selling Broker: CHLV Group 8,125.00 TITLE CHARGES Owners Premium for 325,000.00: Old Republic Title 1.252.00 Deed Recording Fee: Old Republic Title 75.00 Recordiniz Service Fee: Old Republic Title 50.00 County Transfer Tax: Old Republic Title 357.50 Subescrow Fee: Old Republic Title 50.00 Wire/Express: Old Republic Title 50.00 Courier Fee: Old Republic Title 75.00 ESCROW CHARGES TO: Concierge Escrow Service Inc. Settlement Agent Fee 1.062.50 Document Preparation Fee 125.00 Archive Fee 50.()0 Messenger Fee 75.00 Wire Fee 50.00 _ TAXES: Property Tax 2017-2018 Ist Half to: Los Angeles CountyTax Collector #6310.023.270 2.386.70 ADDITIONAL DISBURSEMENTS: Pest Inspection: Warrior Termite 595.00 Natural Hazard Report Fee: M NHD.Com 74.95 Notary Service: Notary Public 30.00 Transaction Coordinator Fee: Century 21 Allstars 275.00 Home Owner's Warranty: Old Republic Home Protection 480.00 Statement Fee: HOAG Property Management Inc POC $105,00 105.00 Document Fee: HOAG Property Management Inc POC $99.00 Late Fee: North Park HOA 10.00 SUBTOTALS 23,681651 65 325 770 01 DUE TO SELLER 302,087.361 TOTALS 325 770 O1 325 770 01 City of Vcrnon Docultigned by: r11 C..rto1 FwAMAC karl y gpogAJiiqrizcdSigner DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 File No.: 5 291 Escrow Serve e, Inc. SELLER'S CLOSING STATEMENT Estimated Park, CA 90255 12631 E Imperial Highway Building W, Suite 215 Santa Fe Springs CA 90670 Tel: (949) 954.6571 Fax: (949) 654-6575 Printed Date/rime: 1 1062017 - 9:40:20ANI Page 2 of 2 T111'� IS A ,U%IMAR)' ()I"I llf' .'.-51't\ ATF.iD CLOSING TRANW.) KIN PRFTAR17:1) RY i:ONCIMR: L•SC M-AV Sf_KV;CF. INC THIS IS NOT AN OFFICIAL GOVERNMENTAL DISCLOSURE. DocuSign Envelope ID: 187E45C9-7C96-419D-8720-EOD3F7689645 Closing Disclosure Closing Information Date Issued 11/06/2017 Closing Date 11/06/2017 Disbursement Date Settlement Agent Concierge Escrow File 4 5044-LA Property 2915 East 60th Place #5 Huntington Park, CA Sale Price $325,000 Summaries of Transacl Due to Seller at Closing $325,054.00 Sale Price of Property $325,000.00 Sale Price of Any Personal Property Included in Sale Adjustments for Items Paid by Seller in Advance City/Town Taxes to County Taxes to Assessments to Homeowner's Association Dues $54.00 Due from Seller at Closing $22,966.64 Excess Deposit Closing Costs Paid at Closing (J) $23,478.65 Existing Loan(s) Assumed or Taken Subject to c ' Payoff of First Mortgage Loan Payoff of Second Mortgage Loan Upfront HOA Fee -Earnest Deposit $204.00 Seller Credit Adjustments for Items Unpaid by Seller City/TownTaxes to County Taxes 11/07/2017 to 01/01/2018 -$716.01 Assessments to CALCULATION Total Due to Seller at Closing $325,054.00 Total Due from Seller at Closing $22,966.64 Cash to Close QFrom ©To Seller $302,097.36 Transaction Information Borrower Eulises A Perez Seller City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 REAL ESTATE BROKER (B) Name CHLV Group Address 12063 South Atlantic Blvd Suite 2H License ID Contact Contact License ID Email Phone REAL ESTATE BROKER (S) Name Address License ID Contact Contact License ID Email Phone Monterey Park, CA 91754 01517692 Kevin Wang 01891517 Century 21 Alistars 9155 Telegraph Road, 2nd Floor Pico Rivera, CA 90660 01280965 Luther Sanchez (562) 755-9387 SETTLEMENT AGENT Name Concierge Escrow Service, Inc. Address 12631 E Imperial Highway, Building Santa Fe Springs, CA 90670 License ID 96-DBO-72260 Contact Letty Ascencio Contact LicenselD Email letty@conciergeescrowservice.com Phone (949) 954-6571 Questions? If you have questions about the loan terms or costs on this form, use the contact information above. To get more information or make a complaint, contact the Consumer Financial Protection Bureau at www.consumerfinance.gov/mortgage-closing CLOSING DISCLOSURE PALL 101- 3 DocuSign Envelope ID 1B7E45C9-7C96-419D-8720-EOD3F7689645 Closing Cost Details Saller•Paid Loan e At Closlr g Setore Closing A. Origination Charges 0% of Loan Amount (Points) B. Services Borrower Did Not Shop For C. Services Borrower Did Shop For Courier Fee to Old Republic Title $75.00 Recording Service Fee to Old Republic Title $50.00 Subescrow Fee to Old Republic Title $50.00 Title - Archive Fee to Concierge Escrow Service, Inc. $50.00 Title - Document Preparation Fee to Concierge Escrow $125.00 Title - Messenger Fee to Concierge Escrow Service, Inc. $75.00 Title - Settlement Agent Fee to Concierge Escrow Service, Inc. $1,062.50 Title - Wire Fee to Concierge Escrow Service, Inc. $50.00 Title - Wire/Express to Old Republic Title $50.00 E. Taxes and Other Government Fees Recording Fees Deed: $75.00 Mortgage: $75.00 County Transfer Tax to Old Republic Title $357,50 F. Prepaids Homeowner's Insurance Premium mo. to Mortgage Insurance Premium mo. to Prepaid Interest per day from to Property Taxes mo, to Los Angeles County Tax Collector $2,386.70 G. Initial Escrow Payment at Closing Homeowner's Insurance per month for mo. Mortgage Insurance per month for mo. Property Taxes per month for mo. Aggregate Adjustment H. Other Document Fee to HOAG Property Management Inc $99.00 Home Owner's Warranty to Old Republic Home Protection $480.00 Late Fee to North Park HOA $10.00 Natural Hazard Report Fee to MyNHD.Com $74.95 Notary Service to Notary Public $30.00 Pest Inspection to Warrior Termite $S9S.00 Real Estate Commission to Century 21 Allstars $8,125.00 Real Estate Commission to CHLV Group $8,125.00 Statement Fee to HOAG Property Management Inc $105.00 $10S.00 Title - Owner's Premium to Old Republic Title $1,2S2.00 Transaction Coordinator Fee to Century 21 Allstars $275.00 J. TOTAL CLOSING COSTS $23,478.65 $204.00 By signing, you are only confirming that you have received this form. DocuSigned by: [OC�efA"PRB490 . ��_.F. �d1�o._ 11/7/2017 _ Date Seller Signature Date CLOSING DISCLOSURL PAOL. 2 UI' 3 DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Addendum Closing Information: Date Issued: 11/06/2017 Closing Date: 11/06/2017 Property Information: 2915 East 60th Place #tS Huntington Park, CA 90255 Transaction Information: Borrower: Eulises A Perez Address: City/ST/Zip: Seller: City of Vernon Address: 4305 Santa Fe Avenue City/ST/Zip: Vernon, CA 90058 Loan Costs C. Services Borrower Did Shop For 05 Title - Document Preparation Fee to Concierge Escrow Service, Inc. $125.00 File No: 5044-LA SELLER'S TRANSACTION M. Due to Seller at Closing Adjustments for Items Paid by Seller in Advance 12 Homeowner's Association Dues 10/31/2017 to 11/07/2017 I $54.00 Area Closing Information, Settlement Agent Text that could not fit on pages 1-5 are shown in full here. Full Text Concierge Escrow Service, Inc. CLOSING DISCLOSURL PAGE 3 O 3 DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Escrow Servi e, Inc. Date: November 6, 2017 RE: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax:949-954-6575 INSTRUCTIONS TO PAY COMMISSION Upon close of escrow, from funds received and or held by you on my behalf you are instnicted to pay: Century 21 Allstars a licensed real estate broker, the sum of 8,125.00 Escrow No.: 5044-LA Escrow Officer. Letty Ascencio 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 of Vernon FDocusigned by: ..�s F.,A-UAv By: CaAQs F, Wg c Oorized Signer Please mail payment(s) to address(s) below, unless payment is called for on the day the above escrow is closed. Broker: Century 21 Allstars License No.: 01280965 Agent. Luther Sanchez Address: 9155 Telegraph Road, 2nd Floor Pico Rivera. CA 90660 By: Telephone No.: ( Ze, Escrow Serve Inc. Date: November 6. 2017 RE: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 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 2l Allstars a licensed real estate broker, the sum of 8,125.00 Escrow No.: 5044-LA Escrow Officer: Letty Ascencio 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 of Vernon By: Carlos Fandino, Authorized Signer Please mail payment(s) to address(s) below, unless payment is called for on the day the above escrow is closed. Broker: Century 21 Allstars License No.: 01280965 Agent: Luther Sanchez Address: 9155 Telegraph Road, 2nd Floor Pico Rivera, CA 90660 _ By: u . - '�/<<�� Telephone No.: z DocuSign Envelope ID 167E45C9-7C96-419D-8720-EOD3F7689645 /V (• .i�% ll <�«�I�C Escrow Servi e, Inc. Date: November 6, 2017 RE: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax:949-954-6575 INSTRUCTIONS TO PAY COMMISSION Upon close of escrow, from funds received and or held by you on my behalf you are instructed to pay: CHLV Group a licensed real estate broker, the sum of 8,125.00 Escrow No: 5044-LA Escrow Officer: Letty Ascencio 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 of Vemon DocuSigned by:' I F-,-\M Ao By: rlo�,FRq�j &thorized Signer Please mail payment(s) to address(s) below, unless payment is called for on the day the above escrow is closed. Broker: CHLV Group License No.: 01517692 Agent: Kevin Wang Address: 2063 South Atlantic Blvd, Suite 2H Monterey Park, CA 91754 By: Telephone No.: Escrow Servr e, Inc. Date: November 6, 201' RE: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 INSTRUCTIONS TO PAY COMMISSION Upon close of escrow, from funds received and/or held by you on my behalf you are instructed to pay: CHLV Group a licensed real estate broker, the sum of 8,125.00 Escrow No.: 5044-LA Escrow Officer: Letty Ascencio 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 of Vernon By: Carlos Fandino, Authorized Signer Please mail payment(s) to address(s) below, unless payment is called for on the day the above escrow is closed. Broker: CHLV Group License No.: 01517692 Agent: Kevin Wang Address: 2063 South Atlantic Blvd, Suite 2H Monterey Park, CA 91754 //�� 11/07/2017 ?ya�n " 01:47 PM PST /GI�t By: # "/ Telephone No.: 9/28/2017 www2.dre.ca.gov/PublicASP/pplinfo.asp?start=1 STATE OF CALIFORNIA BUREAU OF REAL ESTATE The license information shown below represents public information taken from the Bureau of Real Estate(CalBRE) database at the time of your inquiry. It will not reflect pending changes which are being reviewed for subsequent database updating. Also, the license information provided includes formal administrative actions that have been taken against licensees pursuant to the Business and Professions Code and/or the Administrative Procedure Act. All of the information displayed is public information. Although the business and mailing addresses of real estate licensees are included, this information is not intended for mass mailing purposes. License information taken from records of the Bureau of Real Estate on 9/28/2017 5:45:16 PM License Type: CORPORATION Name: Chlv Group Inc Mailing Address: 2063 SOUTH ATLANTIC BLVD SUITE 2H MONTEREY PARK, CA 91754 License ID: 01517692 Expiration Date: 11/21/17 License Status: LICENSED MLO License Endorsement: 311140 (Click here to check the status of the MLO License Endorsement.) Corporation License Issued: 11/22/05 Former Name(s): NO FORMER NAMES Main Office: 2063 SOUTH ATLANTIC BLVD SUITE 2H MONTEREY PARK, CA 91754 Licensed Officer(s): DESIGNATED OFFICER 01121265 - Expiration Date: 11/21/17 Huang, Chay DBA Bargain Credit Mortgage ACTIVE AS OF 11/22/2005 Branches: NO CURRENT BRANCHES Salespersons: 01835505 - Fernandez, Paul B License Expiration Date: 03/25/2020 01783628 - Nunez, Lorena License Expiration Date: 04/19/2021 01891517 - Wang, Kevin License Expiration Date: 12/10/2018 Comment: NO DISCIPLINARY ACTION NO OTHER PUBLIC COMMENTS »» Public information request complete «« http://www2.dre.ca.gov/PublicASP/pplinfo.asp?start=l 112 9!28/2017 www2.dre.ca.gov/PublicASP/pplinfo.asp?start=l http://www2.dre.ca.gov/PublicASP/pplinfo.asp?start=1 2/2 9/28/2017 www2.dre.ca.gov/publicasp/pplinfo.asp?License_id=Ol891517 STATE OF CALIFORNIA BUREAU OF REAL ESTATE The license information shown below represents public information taken from the Bureau of Real Estate(CalBRE) database at the time of your inquiry. It will not reflect pending changes which are being reviewed for subsequent database updating. Also, the license information provided includes formal administrative actions that have been taken against licensees pursuant to the Business and Professions Code and/or the Administrative Procedure Act. All of the information displayed is public information. Although the business and mailing addresses of real estate licensees are included, this information is not intended for mass mailing purposes. License information taken from records of the Bureau of Real Estate on 9/28/2017 5:47:26 PM License Type: SALESPERSON Name: Wang, Kevin Mailing Address: PO BOX 755 SAN DIMAS, CA 91773 License ID: 01891517 Expiration Date: 12/10/18 License Status: LICENSED Salesperson License Issued: 11/22/10 Former Name(s): NO FORMER NAMES Employing Broker: License ID: 01517692 Chiv Group Inc 2063 SOUTH ATLANTIC BLVD SUITE 2H MONTEREY PARK, CA 91754 Comment: NO DISCIPLINARY ACTION NO OTHER PUBLIC COMMENTS »» Public information request complete «« http://www2.dre.ca.gov/publicasp/pplinfo.asp?License_id=Ol891517 1/1 7575 ❑ VOID FILER'S name. street address, city or town, state or province, co or foreign postal code, and telephone number Concierge Escrow Service, Inc. 12631 E Imperial Highway, Building'A', Suite 215 Santa Fe Springs, CA 90670 (949) 954-6571 FILER'S federal identification number I TRANSFERORS identifiu 82-1685311 95-6000808 TRAN5FEROR'S name City of Vernon Street address (including apt no.) 4305 Santa Fe Avenue City or town, state or province, country, and ZIP or foreign postal Vernon,CA 90058 Account or escrow number (see instructions) 5044-LA Form 1099-S Cat. No. 64292E CORRECTED 1 Date of closing OMB No. 1545-0997 November 13, 2017 ^O 2 Gross proceeds L 17 $325,000.00 Form 1099-S 3 Address or legal description (including city. stale. and Z 2915 East 60th Place #S Huntington Park, CA 90255 Proceeds From Real Estate Transactions 4 check here if the transferor received or will receive property or services as part of the consideration 0- 5 Check here if the transferor is a foreign person (nonresident alien, foreign partnership, foreign estate, or foreign trust) . . ► ❑ 6 Buyer's part of real estate tax s636.45 Copy A For Internal Revenue Service Center e with Form 1096 For Privacy Act and Paperwork Reduction Act Notice, see the 2017 General Instructions for Certain Information Returns. www.irs.gov/form1099s Department of the Treasury - Internal Revenue Service ❑ CORRECTED (if checked FILER'S name, street address, city or town, state or province, country, ZIP 1 Date of closing or foreign postal code, and telephone number OMB No. 1545-0997 Concierge Escrow Service, Inc. November 13, 2017 12631 E Imperial Highway, Building'A', Suite 216 2 Gross proceeds 2017 Santa Fe Springs, CA 90670 (949) 954-6571 $325,000.00 Form 1099-S FILER'S federal identification number TRANSFEROR'S identification number 3 Address or legal descrip'ion 82-1685311 95-6000808 2915 East 60th Place #S Huntington Park, CA 90255 TRANSFEROR'S name City of Vernon Street address (including apt. no.) 4305 Santa Fe Avenue City or town, state or province, country, and ZIP or foreign postal code Vernon,CA 90058 Account or escrow number (see instructions) 5044-LA Form 1099-S (keep for your records) ❑ VOID FILER'S name, street address, city or town, state or province, country, or foreign postal code, and telephone number Concierge Escrow Service, Inc. 12631 E Imperial Highway, Building 'A', Suite 215 Santa Fe Springs, CA 90670 (949)954-6571 FILER'S federal identification number TRANSFEROR'S identification r 82.1585311 95-6000808 TRANSFEROR'S name Proceeds From Real Estate Transactions Copy B For Transferor This is important tax information and is being furnished to the Internal Revenue Service. If you are required to file a 4 Transferor received or will receive property or services return, a negligence as part of the consideration (if checked) ► ❑ penalty or other sanction may be imposed on you if this 5 If checked, transferor is a foreign person (nonresident item is required to be alien, foreign partnership, foreign estate, or foreign reported and the IRS trust) . ► ❑ determines that it has not been reported. s636.45 www.irs.govlform1099s Department of the Treasury - Internal Revenue Service UPOW1I] OMB No. 1545-0997 November 13, 2017 20 7 2 Gross proceeds $326,000.00 Form 1099-S 3 Address or legal description (includng city. state. and Z 2915 East 60th Place #S Huntington Park, CA 90255 Proceeds From Real Estate Transactions 4 Check here if the transferor received or will receive City of Vernon property or services as part of the consideration P. ❑ Street address (including apt. no.) 4305 Santa Fe Avenue 5 Check here if the transferor is a foreign person City or town, state or province, country, and ZIP or foreign postal code (nonresident alien, foreign partnership, foreign estate, Vernon,CA90068 or foreign trust) . . . . . . .►❑ Account or escrow number (see instructions) 6 Buyer's part of real estate tax 5044-LA $636.45 Copy C For Filer For Privacy Act and Paperwork Reduction Act Notice, see the 2017 General Instructions for Certain Information Returns. Form 1099-S www.irs.gov/formIO99s Department of the Treasury - Internal Revenue Service 12631 E. Imperial Highway COMMUNITY BANK FBuildingA", Suite 215 12215 Telegraph Road. Ste.107 Santa Fe Springs, CA90670 Santa Fe Springs. CA90670 Escrow Service, Inc. (949) 954-6571 Check No. 5107 Escrow No,5044-LA Date: 11/29/2017 S 302,114.80 Pay THREE HUNDRED TWO THOUSAND ONE HUNDRED FOURTEEN AND 80/100 DOLLARS Escrow. Trust Accou nt Ref: __----------------- --------- -- 11'S10711' 1:1222034711: 060L.00213B211' Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/29/2017 Escrow No.: 5044-LA Payee: City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Seller Proceeds 302,114.80 Check No. 5107 (LA) Closed: 11/13/2017 $302,114.80 Seller Proceeds Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/29/2017 Escrow No.: 5044-LA (LA) Closed Payee: City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Seller Proceeds 302,114.80 Check No. 5107 11/13/2017 $302,114.80 Seller Proceeds Property: 2915 East 60th Place #S, Huntington Park, CA 90255 ,1 •�• a. i . ♦ ri .':'?;y!�:`r'Q"pt .. ~- 12631 E. Imperial Highway COMti1UN1T BANK V_ Building "A" Suite 215 12215 Telegraon Road, Ste 107 Santa Fe Springs, CA 90670 Santa Fe Spnncs, CA90670 Escrow Service, Inc. (949) 954-6571 Check No. 5044 Escrow No.: 5044-LA Date 11,114/2017 $ 550.00 Pay FIVE HUNDRED FIFTY AND NO/100 DOLLARS To The North Park HOA I� Order Q0 fWAG t'ro(x> Of r v ' 1DSS1 Dukxy-y Cp�ctcd �i I OSOL,41f' 1: L 2 2 20 34 7 L1: 060400 2 a a 211' Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/14/2017 Escrow No.: 5044-LA Payee: North Park HOA Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Association Dues 270.00 Miscellaneous Fee 10,00 Association Dues 270.00 Check No. 5044 (LA) Closed: 11/13/2017 $550.00 Homeowner's Association Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Check No. 5044 Date: 11/14/2017 Escrow No.: 5044-LA (LA) Closed: 11/13/2017 $550.00 Payee: North Park HOA Seller: City of Vernon Homeowner's Association Buyer: Eulises A. Perez Property: 2915 East 60th Place #S, Huntington Park, CA 90255 Ref: Memo 1: Memo 2: Detail: Association Dues 270.00 Miscellaneous Fee 10.00 Association Dues 270.00 r • r • ,o- • f r �~ 12631 E. Imperial Highway COM'vtUNIT BANK � Y P% fff Building °A", Suite 215 12215Telegraph Road Ste 107 Santa Fe Springs, CA 90670 Santa Fe Springs, CA90r70 Escrow Service, Inc. (949) 954-6571 Check No. 5040 Escrow No. 5044-LA Date: 11/13/2017 $ 275.00 Pay TWO HUNDRED SEVENTY FIVE AND NO/100 DOLLARS To The Century 21 Allstars Order 9155 Telegraph Road, 2nd Floor Of Pico Rivera, CA 90660 11' SO4011, 1: L 2 2 20 34 7 L1: 050400 288 2,15 Concierge Escrow Service Inc. - (949) 954-6571 Check No. 5040 Date. 11/13/2017 Escrow No.: 5044-LA (LA) Closed: 11/13/2017 $275.00 Payee: Century 21 Allstars 9155 Telegraph Road, 2nd Floor Pico Rivera, CA 90660 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Miscellaneous Fee 275.00 Miscellaneous Fee Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA (LA) Closed Payee: Century 21 Allstars 9155 Telegraph Road, 2nd Floor Pico Rivera, CA 90660 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Miscellaneous Fee 275.00 Check No. 5040 11/13/2017 $ 275.00 Miscellaneous Fee Property: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E. Imperial Highway COMMUNIT BANK BuildingA", Suite 215 ; Y i A 7 1 215 Telzgraph Road, S;e. t07 Santa Fe Springs, C 906 0 Santa Fe Spnngs. CA90670 Escrow Servrce, Inc. (949) 954-6571 Check No. 5038 Escrow No.: 5044-LA Date 11/13/2017 $ 74.95 Pay SEVENTY FOUR AND 95/100 DOLLARS I r/ To The MyNHD.Com t scrow Trust Account Order 11000 Wilshire Blvd #1426 Of Los Angeles, CA 90024 RAf. QR13-111 O SO 3811' >I: l 2 2 20 34 7 0: 02,0400 288 2112 Concierge Escrow Service Inc. - (949) 954-6571 Check No. 5038 Date: 11/13/2017 Escrow No.: 5044-LA (LA) Closed: 11/13/2017 $ 74.95 Payee: MyNHD.Com 11000 Wilshire Blvd #1426 Los Angeles, CA 90024 Seller: City of Vernon Buyer: Eulises A. Perez Ref: 9513-113 Memo 1: 9513-113 Memo 2: Detail: Natural Hazard Report Fee 74.95 Miscellaneous Fee Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business' Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA (LA ) Payee: MyNHD.Com 11000 Wilshire Blvd #1426 Los Angeles, CA 90024 Seller: City of Vernon Buyer: Eulises A. Perez Ref: 9513-113 Memo 1: 9513-113 Memo 2: Detail: Natural Hazard Report Fee 74.95 Check No. 5038 Closed: 11/13/2017 $ 74.95 Miscellaneous Fee Property: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E. Imperial Highway COMMUNITY BANK Building "A Suite 215 12215 T=legraph Road, Ste.107 Santa Fe Springs, CA 90670 Santa Fe Sprngs, CA90670 Escrow Service, Inc. (949) 954-6571 Check No. 5037 Escrow No.: 5044-LA Pay FOUR HUNDRED EIGHTY AND NO/100 DOLLARS To The Old Republic Home Protection Order PO BOX 5017 Of San Ramon, CA 94583 I i ____Refs—___ 9611747, Date: 11/13/2017 $ 480.00 IP SO 3 711, 1: 1 2 2 20 34 7 0: 050400 288 2112 Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA Payee: Old Republic Home Protection PO BOX 5017 San Ramon, CA 94583 Seller: City of Vernon Buyer: Eulises A. Perez Ref: 26117473 Memo 1: 26117473 Memo 2: Detail: Home Owner's Warranty 480.00 Check No. 5037 (LA) Closed: 11/13/2017 $480.00 Home Owner's Warranty Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA (LA) Closed Payee: Old Republic Home Protection PO BOX 5017 San Ramon, CA 94583 Seller: City of Vernon Buyer: Eulises A. Perez Ref: 26117473 Memo 1: 26117473 Memo 2: Detail. Home Owner's Warranty 480.00 Check No. 5037 11/13/2017 $ 480.00 Home Owner's Warranty Property: 2915 East 60th Place #S, Huntington Park, CA 90255 + h I1 : ij ♦r • •,or •,•: . � , n � :: ,�,�, z.l� 1-:h yi r �•- �.Sz -"��' 12631 E. Imperial Highway COMMUNITY Y BANK Building "A", Suite 215 ;2zt5Telegraph Road. Ste.107 Santa Fe Springs, CA 90670 ca-, r a Ge S,^nngs. A90370 Escrow Servi e, Inc. (949) 954-6571 Check No. 5035 Escrow No.: 5044-LA Pay FIVE HUNDRED NINETY FIVE AND NO/100 DOLLARS To The Warrior Termite Order 13640 Imperial Hwy #13 Of Santa Fe Springs, CA 90670 Ref - Date: 11/13/2017 S 595.00 ill SO 3 Slll r: 1 2 2 20 34 2 11: 060400 288 2ll' Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA Payee: Warrior Termite 13640 Imperial Hwy #13 Santa Fe Springs, CA 90670 Seller: City of Vernon Buyer: Eulises A. Perez Ref: ja3332 Memo 1: ja3332 Memo 2: Detail: Pest Inspection 595.00 Check No. 5035 (LA) Closed: 11/13/2017 $595.00 Pest Property: We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA (LA ) Payee: Warrior Termite 13640 Imperial Hwy #13 Santa Fe Springs, CA 90670 Seller: City of Vernon Pest Buyer: Eulises A. Perez Property: Ref: ja3332 Memo 1: ja3332 Memo 2: Detail: Pest Inspection 595.00 2915 East 60th Place #S, Huntington Park, CA 90255 Check No. 5035 Closed: 11/13/2017 $ 595.00 2915 East 60th Place #S, Huntington Park, CA 90255 � r `�"';i`•i e a1:Tq j,�" .... y: . - � cr:. �.. _,. _'o�Y a �- .� ,,.,_. •-__ ...�... .. _,.. r 12631 E. Imperial Highway COMMUNITY BANK ({' Building "A", Suite215 ,2215TelegrapnRoad, Ste. 107 Santa Fe Springs, CA 90670 Sa-.;a =e Sprngs. CA90670 Escrow Serve e, Inc. (949) 954-6571 Check No. 5034 Escrow No.: 5044-LA Pay ONE HUNDRED FIVE AND NO/100 DOLLARS To The HOAG Property Management Inc Order 10551 Paramount Blvd Of Downey, CA 90241 Date: 11/13/2017 $ 105.00 OSO3411' i:12220347LI: OF. 04002aa2111 Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA Payee: HOAG Property Management Inc 10551 Paramount Blvd Downey, CA 90241 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Statement Fee 105.00 E 'row, Trust Account Check No. 5034 (LA) Closed: 11/13/2017 $105.00 Management Company Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA (LA) Closed Payee: HOAG Property Management Inc 10551 Paramount Blvd Downey, CA 90241 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Statement Fee 105.00 Check No. 5034 11/13/2017 $105.00 Management Company Property: 2915 East 60th Place #S, Huntington Park, CA 90255 12631E Imperial Highway COMMUNITY BANK Building "A". Suite 215 12215 Telegraph Road, Ste 107 ttt Santa Fe Springs. CA 90670 Sant-, -e sprmcs cn90670 Escrow Service, Inc. (949) 954-6571 Check No. 5033 Escrow No.. 5044-LA Date: 11/13/2017 $ 8,125.00 Pay EIGHT THOUSAND ONE HUNDRED TWENTY FIVE AND NO/100 DOLLARS To The CHLV Group Order 2063 South Atlantic Blvd Of Suite 2H Monterey Park, CA 91754 III SO33110 1: L 222034? 0: 060400 Mi3 211' Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA Payee: CHLV Group 2063 South Atlantic Blvd Suite 2H Monterey Park, CA 91754 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Gross Commission 8,125.00 Check No. 5033 (LA) Closed. 11/13/2017 $8,125.00 Selling Broker Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA (LA) Closed Payee: CHLV Group 2063 South Atlantic Blvd Suite 2H Monterey Park, CA 91754 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1. Memo 2: Detail: Gross Commission 8,125.00 Check No. 5033 11/13/2017 $ 8,125.00 Selling Broker Property: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E. Imperial Highway COMMUNITY BANK Ze, Building "A", Suite 215 i2215TeterahRoad,Ste.107 Santa Fe Springs, CA 90670 Santa Fe Springs, CA910670 ro Escw ServiInc. (949) 954-6571 Check No. 5032 Escrow No.: 5044-LA Date: 11/13/2017 $8,125.00 Pay EIGHT THOUSAND ONE HUNDRED TWENTY FIVE AND NO/100 DOLLARS To The Century 21 Allstars Order 9155 Telegraph Road, 2nd Floor Of Pico Rivera, CA 90660 Ii'SO3211, 1:122203%711: 0E0%002882I'm Concierge Escrow Service Inc. - (949) 954-6571 Date: 11113/2017 Escrow No.: 5044-LA Payee: Century 21 Allstars 9155 Telegraph Road, 2nd Floor Pico Rivera, CA 90660 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Gross Commission 8,125.00 Check No. 5032 (LA) Closed: 11/13/2017 $8,125.00 Listing Broker Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA (LA } Closed Payee: Century 21 Allstars 9155 Telegraph Road, 2nd Floor Pico Rivera, CA 90660 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Gross Commission 8,125.00 Check No. 5032 11/13/2017 $ 8,125.00 Listing Broker Property: 2915 East 60th Place #S, Huntington Park, CA 90255 DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 12631 E Imperial Highway Building "A", Suite "215" '� Santa Fe Springs, CA 90670 Tel: 949-954-6571 Escrow Servi e, Inc. Fax: 949-954-6575 INSTRUCTIONS FOR NET PROCEEDS Date: November 6, 2017 Escrow No.: 5044-LA TO: Concierge Escrow Service, Inc. 1-We hereby authorize and direct Concierge Escrow Service, Inc. to disburse my"our net proceeds as follows: (Check the applicable section) 1. ❑ Hold the proceeds check for pick up and call when check is ready at the following number: 2. ❑ I/We authorized the proceeds check to be picked up by: 3. ❑ I/We instruct that the proceeds check be sent to our agent. 4. ❑ I/We instruct Concierge Escrow Service, Inc. to wire out proceeds to: Bank Name: Address: ABA #: Account #: Account Name: 5. ❑ Transfer the net proceeds to the following escrow: Company: Address: Phone Number: Escrow Officer: Escrow Number: 6. ❑ Split proceeds as follows: (Please indicate names, amounts or percentages) 7. Q 1 We instruct you to mail out proceeds to the following address: 4305 Santa Fe Ave Vernon Ca 90058 City of Vernon DocuSigned by: BY rlo�XMq &A4 9thorized Signer STAFF REPORT s RECEIVED DEC 1 A 2017 �VfLY INOJ STAFF REPORT CITY CLERK'S OFFICE CITY ADMINISTRATION DATE: December 19, 2017 TO: Honorable Mayor and City Council FROM: Carlos R. Fandino Jr., City Administrator Originator: Diana Figueroa, Administrative Analyst RE: A Resolution Approving and Ratifying the Execution of a Purchase Agreement and Joint Escrow Instructions, and All Related Documents for the Sale of Real Property Located at 2915 E 60th Place, Unit S, in Huntington Park Recommendation A. Find that adoption of the proposed Resolution is exempt from the California Environmental Quality Act ("CEQA") because the approval and ratification of the execution of a purchase agreement for the sale of City -owned residential property is an administrative and government fiscal activity that will not result in direct or indirect physical changes in the environment, and therefore does not constitute a "project" as defined by CEQA Guidelines section 15378; and B. Adopt a Resolution Approving and Ratifying the Execution of a Purchase Agreement and Joint Escrow Instructions, and All Related Documents for the Sale of Real Property Located at 2915 E 60th Place, Unit S, in Huntington Park. Background On July 18, 2017, the City Council adopted Resolution 2017-35 authorizing the execution of a services agreement with Century 21 Allstars and Luther Sanchez to serve as the City's real estate agent for the sale of the City -owned Huntington Park property located at 2915 E 601h Place, Unit S. Since that time, the City Administrator has engaged Century 21 to facilitate negotiations on said property. Upon receipt of a highly competitive offer on the unit, the City Administrator opted to proceed with executing a standard California Association of Realtors Purchase Agreement, accepting the terms and conditions for a sale. Accordingly, escrow for the property was opened on September 26, 2017. The City Administrator has apprised City Council of the details of the transaction as it has developed over the last several weeks. Page 1 of 2 The key terms of the final agreement are as follows: 1. Purchase Price: $325,000 2. Close of Escrow: 11/13/17 3. Net gain: $302,114.80 The original listing price of this Huntington Park property located at 2915 E 601h Place, Unit S, was $315,000 and the City was able to secure a solid offer in the amount of $325,000. The property (which is one of two that the City owns in the city of Huntington Park) has been vacant for well over a year. As a result, the City Administrator determined that it was imperative to facilitate the transaction expeditiously. Fiscal Impact Based upon a 5% agent commission, inspection fees, ancillary repair costs, and closing costs, the City received $302,114.80 in net proceeds from the sale of this property. Attachment(s) Resolution Approving and Ratifying the Execution of a Purchase Agreement and Joint Escrow Instructions, and All Related Documents for the Sale of Real Property Located at 2915 E 60th Place, Unit S, in Huntington Park Page 2 of 2 RESOLUTION NO. A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND RATIFYING THE EXECUTION OF A PURCHASE AGREEMENT AND JOINT ESCROW INSTRUCTIONS, AND ALL RELATED DOCUMENTS, WITH EULISES PEREZ FOR THE REAL PROPERTY LOCATED AT 2915 E. 60- PLACE, UNIT S, HUNTINGTON PARK, CA 90255 WHEREAS, on July 18, 2017, the City Council of the City of Vernon adopted Resolution No. 2017-35, approving and authorizing the execution of 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 two residential properties owned by the City; and WHEREAS, on or about September 26, 2017, in order to accept a highly competitive offer, the City Administrator executed a Purchase Agreement and Joint Escrow Instructions, and all related documents (the "Agreement"), accepting the terms and conditions for a sale, and escrow, subject to the ratification by the City Council; and WHEREAS, on November 7, 2017, in closed session, the City Council authorized the City Administrator to, under the advice and guidance of the City's real estate agent, finalize specific terms and execute any additional documents related to the sale of the properties on behalf of the City; and WHEREAS, by memorandum dated December 19, 2017, the City Administrator has recommended the approval and ratification of the Agreement, with Eulises Perez for the real property located at 2915 E. 60th Place, Unit S, Huntington Park, CA 90255; and WHEREAS, the City Council of the City of Vernon desires to approve and ratify the actions of the City Administrator in executing the Agreement with Eulises Perez. 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), because the approval and ratification of the execution of a purchase agreement for the sale of City -owned residential property is an administrative and government fiscal activity that will not result in direct or indirect physical changes in the environment, and therefore does not constitute a "project" as defined by CEQA Guidelines section 15378. SECTION 3: The City Council of the City of Vernon hereby approves and ratifies 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 Eulises Perez for the real property located at 2915 E. 60th Place, Unit S, 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. SECTION 5: The City Council of the City of Vernon hereby directs the City Clerk, or the Deputy City Clerk, to send a fully - 2 - executed Agreement to Eulises Perez. 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 19th day of December, 2017. ATTEST: City Clerk / Deputy City Clerk APPROVED AS TO FORM: Brian Byun, Senior Deputy City Attorney Name: Title: Mayor / Mayor Pro-Tem - 3 - STATE OF CALIFORNIA ) ) SS COUNTY OF LOS ANGELES ) I, , 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, December 19, 2017, and thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of Vernon. Executed this day of December, 2017, at Vernon, California. (SEAL) - 4 - City Clerk / Deputy City Clerk EXHIBIT A UuuuJiyti 1:t1veiupe iv. r�w�rr� ouuv-4rtio-aoro rvorru�ruyo r 10 1.` C A L L F 0 R IN I A A s s o C I .A r I i% NII RESIDENTIAL PURCHASE AGREEMENT 11A IF o f Ii E A L r o R s AND JOINT ESCROW INSTRUCTIONS I�. (C.A.R. Form RPA-CA, Revised 12/15 ) Date Prepared: 0812512017 1. OFFER: A. THIS IS AN OFFER FROM Eulises Perez ("Buyer"), B. THE REAL PROPERTY to be acquired is 2915E 60th Pl #S Huntington Park CA 90255 situated in Huntington Park (City), Los Angeles (County), California, 90255 (Zip Code), Assessor's Parcel No. 6310- 223-270 ("Property'). C. THE PURCHASE PRICE offered is Three Hundred Fifteen Thousand Dollars $ 315,000.00 D. CLOSE OF ESCROW shall occur on (date)(orlX 28 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 L "Disclosure Regarding Real Estate Agency Relationships" (C.A.R. Form AD). B. CONFIRMATION: The following agency relationships are hereby confirmed for this transaction: Listing Agent Century 21 Al stars _ (Print Firm Name) is the agent of (check one): [X the Seller exclusively; or both the Buyer and Seller. Selling Agent __ CHLV GROUP (Print Firm Name) (if not the same as the Listing Agent) is the agent of (check one):! the Buyer exclusively; or: the Seller exclusively; or,_] both the Buyer and Seller. C. POTENTIALLY COMPETING BUYERS AND SELLERS: The Parties each acknowledge receipt of a 'X "Possible Representation of More than One Buyer or Seller - Disclosure and Consent" (C.A.R. Form PRBS). I. FINANCE TERMS: Buyer represents that funds will be good when deposited with Escrow Holder. A. INITIAL DEPOSIT: Deposit shall be in the amount of ............................................. $ 5 000.00 (1) Buyer Direct Deposit: Buyer shall deliver deposit directly to Escrow Holder by electronic funds transfer, 7 cashier's check, personal check, D other within 3 business days after Acceptance (or OR 2 Buyer Deposit with A ant: Buyer has given the deposit b ) () L Y P 9 y g p y personal check (or ) to the agent submitting the offer (or to ), made payable to The deposit shall be held uncashed until Acceptance and then deposited with Escrow Holder within 3 business days after Acceptance (or Deposit checks given to agent shall be an original signed check and not a copy. ) (Note: Initial and increased deposits checks received by agent shall be recorded in Broker's 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 (C.A.R. Form RID) at the time the increased deposit is delivered to Escrow Holder. C. L; 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 [J Buyer shall, within 3 (or _ ) Days After Acceptance, Deliver to Seller such verification. D. LOAN(S): (1) FIRST LOAN: in the amount of ........... ......... $ 315 000.00 This loan will be conventional financing or []FHA, [� VA, � Seller financing (C.A.R. Form SFA), 1: 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) C SECOND LOAN in the amount of .......... . This loan will be conventional financing or F] 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, E, 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. (3) FHA/VA: For any FHA or VA loan specified in 3D(1), Buyer has 17 (or ) Days After Acceptance to Deliver to Seller written notice (C.A.R. 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 (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 ....................... . $ �5 000.E to be deposited with Escrow Holder pursuant to Escrow Holder instructions. ---- -- — �— G. PURCHASE PRICE (TOTAL): ............................ ..... . ....... ........... ... . $ 315 000.00 DS Buyer's Initials ( ) ( ) Seller's Initials( ) 1991-2015, California Association of REALTORSC, Inc RPA-CA REVISED 12115 (PAGE 1 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 1 OF 10 CHL\' Gruup Inc, 21163 S. Atlentic Rhd Suite 211 \Utntrrry Perk. CA 9174 Phone' (626)7iY-t{66i Fax' K r, in teen;; Produced with zipForm5 by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www,zipLooix corn 271S E 68th PI a UUl:U011y.11 CIIVU1UPU IU. /I.rVUCr'rC'OIJUU-'i r'�FD-�JrD'/40rMVrV404/'� Property Address: 2915 E 60th PI #S, Huntington Park, CA 90255 _ Date: August 251 2017 _ _ _ 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. (F?( Verification attached.) I. APPRAISAL CONTINGENCY AND REMOVAL: This Agreement is (or L 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 14B(3), in writing, remove the appraisal contingency or cancel this Agreement within 17 (or 14 ) 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 Buyer's written application and credit report, Buyer is prequalified or preapproved for any NEW loan specified in paragraph 3D. 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. ( X, Letter attached.) (2) LOAN CONTINGENCY: Buyer shall act diligently and in good faith to obtain the designated loan(s). Buyer's 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. Buyer's contractual obligations regarding deposit, balance of down payment and closing costs are not contingencies of this Agreement. (3) LOAN CONTINGENCY REMOVAL: Within 21 (or 17 ) 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) n NO LOAN CONTINGENCY: Obtaining any loan 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 Buyer's 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 Buyer's lender. If the total credit allowed by Buyer's lender ("Lender Allowable Credit") is less than the Contractual Credit, then (i) 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 Buyer's 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 Buyer's 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 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 Buyer's ability to obtain financing are NOT contingent upon the sale of any property owned by Buyer. OR B. Fj This Agreement and Buyer's 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). 5. ADDENDA AND ADVISORIES: A. ADDENDA: XlAddendum # ONE C.A.R. Form ADM Back Up Offer Addendum C.A.R. Form BUO 1 Court Confirmation Addendum C.A.R. Form CCA Se tic, Well and Pro ert Monument Addendum C.A.R. Form SWPI Short Sale Addendum (C.A.R. Form SSA) 1,Y Other C.A.R. Form FVAC B. BUYER AND SELLER ADVISORIES: Buyer's Inspection Advisory (C.A.R. Form BIA) HProbate Advisor C.A.R. Form PA Statewide Buyer and Seller Advisory_ (C.A.R. Form SBSA) Trust AdvisoryC.A.R. Form TA REO Advisor C.A.R. Form REO Short Sale Information and Advisory (C.A.R. Form SSIA) I Other 6. OTHER TERMS: 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 _ iX environmental [ Other: prepared by Seller's Choice (2) H Buyer X Seller shall pay for the following Report Complete termite inspection report prepared byA licensed structural pest control company (3) [_] Buyer I Seller shall pay for the following Report prepared by Buyer's Initials ( �- -I I Seller's Initials ( RPA-CA REVISED 12/15 (PAGE 2 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 2 OF 10) EpUN WvSila: L�Gpv11,Y�1• Produced with zipForm® by ziplogix 18070 Fifteen Mile Road, Fraser. Michigan 48026 www.zlpLoomcom 2915 E 60th PI M uucuoiyi envewNe iu. i� v uerre ouw tir4o Coro-rvorr urutiov r+ Property Address: 2915 E 60th PI #S, Huntington Park CA 90255 Date: August 2512017 _ B. GOVERNMENT REQUIREMENTS AND RETROFIT: (1) �L 1 Buyer 1k. Seller shall pay for smoke alarm and carbon monoxide device installation and water heater bracing, if required by Law. Prior to Close Of Escrow ("COE"), Seller shall provide Buyer written statement(s) of compliance in accordance with state and local Law, unless Seller is exempt. (2) (i) 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 :)(, 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) ![g Buyer )] Seller shall pay escrow fee Each to pay their own (b) Escrow Holder shall be Seller's Choice (c) The Parties shall, within 5 (or ) Days After receipt, sign and return Escrow Holder's general provisions. (2) (a) ❑ Buyer © Seller shall pay for owner's title insurance policy specified in paragraph 13E (b) Owner's title policy to be issued by Seller's Choice (Buyer shall pay for any title insurance policy insuring Buyer's lender, unless otherwise agreed in writing.) D. OTHER COSTS: (1) Buyer Seller shall pay County transfer tax or fee (2) BuyerI Seller shall pay City transfer tax or fee (3) BuyerX Seller shall pay Homeowners' Association ("HOA") transfer fee (4) Seller shall pay HOA fees for preparing documents required to be delivered by Civil Code §4525. (5) ❑ Buyer J Seller shall pay HOA fees for preparing all documents other than those required by Civil Code §4525. (6) BE uyer to pay for any HOA certification fee. (7) Buyer � Seller shall pay for any private transfer fee (8) Buyer {� Seller shall pay for See attached Addendum no.1 (9) 1;-� BuyerPk Seller shall pay for (10) rJ Buyer Seller shall pay for the cost, not to exceed $ 485.00 of a standard (or ' upgraded) one-year home warranty plan, issued by Fidelity National CRES Comprehensive Plus Plan with the following optional coverages: I]X Air Conditioner L Pool/Spa [_J 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. 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 if checked: [k all stove(s), except [ all refrigerator(s) except ; [Fall washer(s) and dryer(s), except (3) The following additional items: dishwasher; rangehood (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. 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 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 Seller and shall be transferred free and clear of liens and encumbrances, except the items and systems identified pursuant to 8B(5) and and (ii) are transferred without Seller warranty regardless of value. C. ITEMS EXCLUDED FROM SALE: Unless otherwise specified, the following items are excluded from sale: (i) 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) Brackets attached to walls, floors or ceilings for such component, furniture or item shaIlLrain with the Property (or 7, will be removed and holes or other damage h Initials ere but not painted). Buyer's ( ) ( ) Seller's Initials( ( ) RPA-CA REVISED 12/15 (PAGE 3 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 3 OF 10) ��• _ Produced with zipFormO by zipLogix 18070 Fifteen Mile Road, Fraser. Michigan 48026 www zioLogix co m 2915 f. 60ch PI 4 L--u Cify', Ctivuiuwt:C IU. /L.I.rVCrrC'OUV U'YrYD'�Jf'D'/40f'NIJr U40llH Property Address: 2915 E 60th Pl #S Huntington Park CA 90255 Date: Auqust 25, 2017 9. CLOSING AND POSSESSION: A. Buyer intends (or __] does not intend) to occupy the Property as Buyer's primary residence. B. Seller -occupied or vacant property: Possession shall be delivered to Buyer: (i) at 6 PM or ( f AM/LJ PM) on the date of Close Of Escrow, (ii) no later than _ calendar days after Close Of Escrow; or (iii) 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, (i) 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. 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 Buyer's lender about the impact of Seller's occupancy on Buyer's loan. D. Tenant -occupied property: Property shall be vacant at least 5 (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 F] 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 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 LEAD -BASED PAINT HAZARD DISCLOSURES) AND CANCELLATION RIGHTS: A. (1) Seller shall, within the time specified in paragraph 14A, Deliver to Buyer: (i) if required by Law, a fully completed: Federal Lead - Based Paint Disclosures (C.A.R. 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 (C.A.R. Form SPQ or ESD). (2) Any Statutory Disclosure required by this paragraph is considered fully completed if Seller 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 Buyer's 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 (ii) complete any sections on all disclosures required to be completed by Buyer's 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 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 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 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 Seller's agent. B. NATURAL AND ENVIRONMENTAL HAZARD DISCLOSURES AND OTHER BOOKLETS: Within the time specified in paragraph 14A, Seller shall, if required by Law: (i) Deliver to Buyer earthquake guide(s) (and questionnaire), environmental hazards booklet, and home energy rating pamphlet; (ii) 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 (III) 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 Deliver to Buyer or qualified substitute, an affidavit sufficient to comply with federal (FIRPTA) and California withholding Law (C.A.R. Form AS or QS). 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.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.) 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) Internet Web site maintained by the United States Department of Transportation at hftp://www.npms.phmsa.dot.gov/. 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. CONDOMINIUM/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 development or other common interest subdivision (C.A.R. Form SPQ or ESD). Ds F-P Buyer's Initials (-,2 ) ( ) Seller's Initials ( ) RPA-CA REVISED 12/15 (PAGE 4 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 4 OF 10) Produced with zipForme by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zioLodix.com 2915 F 60th P17 uucuaiyn ctivewNe ii,). ii vcrrc ovuv vrtio Coro-rYorr uruvo� r Property Address: 2915 E 60th PI #S, Huntington Park, CA 90255 _ Date: August 25, 2017 (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; (iii) 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, "Cl Disclosures"). (vi) private transfer fees; (vii) 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. 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: (i) the Property is sold (a) "AS -IS" in its PRESENT physical condition as of the date of Acceptance and (b) subject to Buyer's Investigation rights; (ii) 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 (ii) 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 built according to code, in compliance with current Law, or have had permits issued. 12. BUYER'S INVESTIGATION OF PROPERTY AND MATTERS AFFECTING PROPERTY: A. Buyer's 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 146(1), Buyer shall have the right, at Buyer's expense unless otherwise agreed, to conduct inspections, investigations, tests, surveys and other studies ("Buyer Investigations"), including, but not limited to: (i) a general physical inspection; (ii) 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 Buyer's Inspection Advisory (C.A.R. Form 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 (vii) 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 (i) as specified in paragraph 14B, complete Buyer Investigations and either remove the contingency or cancel this Agreement, and (ii) 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 Buyer's Investigations and through the date possession is made available to Buyer. D. Buyer indemnity and seller protection for entry upon property: Buyer shall: (i) keep the Property free and clear of liens; (ii) repair all damage arising from Buyer Investigations; and (iii) 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 Buyer's direction prior to Close Of Escrow. Seller 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 Buyer's direction. Buyer's obligations under this paragraph shall 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. Buyer's 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. 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 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 Seller's leasehold interest), including oil, mineral and water rights if currently owned by Seller. Title shall vest as designated in Buyer's supplemental escrow instructions. THE MANNER OF TAKING TITLE MAY HAVE SIGNIFICANT LEGAL AND TAX CONSEQUENCES. CONSULT AN APPROPRIATE PROFESSIONAL. DS Buyer's Initials ( A ( ) Seller's Initials— RPA-CA REVISED 12/15 (PAGE 5 OF 10)� CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 5 OF 10) Produced with zipForme by zipLogtx 18070 Fifteen Mile Road, Fraser Michigan 48026 www.zioLooix. com 2915 E 60rh PI p Lluuu Jlyii CIlveiupt IL/. /l..l�VCf'f"C'OL/V V-4 f'4D'�Jr D-/YOf"HUrU40liM Property Address: 2915E 60th PI #S, Huntington Park, CA 90255 _ _ _ _ Date: August 25, 2017 E. Buyer shall receive a CLTA/ALTA "Homeowner's Policy of Title Insurance", if applicable to the type of property and buyer. If not, Escrow Holder shall notify Buyer. A title company can provide information about the availability. coverage. and cost of other title policies and endorsements. If the Homeowner's Policy is not available, Buyer shall choose another policy, instruct Escrow Holder in writing and shall pay any increase in cost. 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, 8B(5), 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 (C.A.R. Form NSP) may cancel this Agreement. B. (1) BUYER HAS: 17 (or 12 ) Days After Acceptance, unless otherwise agreed in writing, to: (i) 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 all matters affecting the Property: and (ii) Deliver to Seller Signed Copies of Statutory and Lead Disclosures and other disclosures Delivered by Seller in accordance with paragraph 10A. (2) Within the time specified in paragraph 14B(1), Buyer may request that Seller 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. Form 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 Seller 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 148(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 14B(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, Seller may not cancel this Agreement pursuant to paragraph 14D(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 Buyer's Investigation Contingency has been waived or removed. C- F— 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 Buyer's 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 (C.A.R. Form NBP), may cancel this Agreement. In such event, Seller shall authorize the return of Buyer's deposit, except for fees incurred by Buyer. (2) Seller right to Cancel; Buyer Contract Obligations: 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): (i) Deposit funds as required by paragraph 3A, or 3B or if the funds deposited pursuant to paragraph 3A or 3B are not good when deposited; (ii) Deliver a notice of FHA or VA costs or terms as required by paragraph 3D(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 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 (vii) Sign or initial a separate liquidated damages form for an increased deposit as required by paragraphs 36 and 2113; 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 Buyer's deposit, except for fees incurred by Buyer. E. NOTICE TO BUYER OR SELLER TO PERFORM: The NBP or NSP shall: (i) be in writing; (ii) 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 obligation specified 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; (ii) elected to proceed with the transaction; and (ii!) 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 Seller must first Deliver to the other Party a demand to close escrow (C.A.R. Form DCE). The DCE shall: (i) be signed by the applicable Buyer or Seller; and (ii) give the other Party at least 3 (or ___ ) Days After Delivery to close escrow. A DCE may not be Delivered any earlier than 3 Days Prior to the scheduled close 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 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 BDRD or SDRD). Escrow Holder, upon receipt, shall promptly deliver notice of the demand to the other Party. If, within 10 Days After Escrow Holder's 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 instructions. A Party may be subject to a civil penalty of up to $1,000 for refusal to sign cancellation instructions if no good faith dispute exists as to who is entitled to the deposited funds (Civil Code §1057.3). Buyer's Initials ( ) ( ) Seller's Initials RPA-CA REVISED 12/15 (PAGE 6 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 6 OF 10) —C—NlY Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser. Michigan 48026 www.ziol-oc,x corn 2915 F, 60rh PI 9 uuuuoiyn ciivawNe iu. ii ucrr� ovuu 4rtio Coro ryorr�uruyo� r Property Address: 2915 E 60th PI #S, Huntington Park, CA 90255 Date: Auctust 25 2017 15. FINAL VERIFICATION OF CONDITION: Buyer shall have the right to make a final verification of the Property within 5 (or F1 _ ) Days Prior to Close Of Escrow, NOT AS A CONTINGENCY OF THE SALE, but solely to confirm: (i) the Property is maintained pursuant to paragraph 11; (ii) Repairs have been completed as agreed; and (iii) Seller has complied with Seller's other obligations under this Agreement (C.A.R. Form VP). 16. REPAIRS: Repairs shall 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 (iii) provide Copies of invoices and paid receipts and statements to Buyer prior to final verification of condition. 17. PRORATIONS OF PROPERTY TAXES AND OTHER ITEMS: Unless otherwise agreed in writing, the following items shall be PAID CURRENT and prorated between Buyer and 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 Mello -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: (i) 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; (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 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 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) 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), 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 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 titled 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 close 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 Seller's Statement of Information to Title company when received from Seller. If Seller delivers an affidavit to Escrow Holder to satisfy Seller's FIRPTA obligation under paragraph 10C, Escrow Holder shall deliver to Buyer a Qualified Substitute statement that complies with federal Law. os Buyer's Initials ( EP ) ( ) Seller's Initials RPA-CA REVISED 12/15 (PAGE 7 OF 10) EQ- CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 7 OF 10) Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser. Michigan 48026 www.zipLooix.com 2915 E 6111h PI H uuuuoiyn rziivuiupe lLj. ry u ucrr� owu tirvo Coro r�or lurutiov r Property Address: 2915 E 60th Pi #S, Huntington Park, CA 90255 Date: August 25, 2017 C. Brokers are a party to the escrow for the sole purpose of compensation pursuant to paragraph 18A and paragraph D of the section titled 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 shall provide Seller and Seller's Broker verification of Buyer's deposit of funds pursuant to paragraph 3A and 3B. Once Escrow Holder becomes aware of any of the following, Escrow Holder shall immediately notify all Brokers: (i) if Buyer's 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 (ii) 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 14H, 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 BUYER AND SELLER SHALL SIGN A SEPARATE LIQUIDATED DAMAGES PROVISION INCORPORATING THE INCREt nEPOSIT AS LIQUIDATED DAMAGES (C.A.R. FO ). Buyer's Initials f/J / _ Seller's Initials 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.consumermediation.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 claim 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 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 IN T�RBITRATION OF DISPUTES' PROVISION TO NEU s RB ION." Buyer's Initials / Seller's Initials / C. ADDITIONAL MEDIATION AND ARBITRATION TERMS: (1) EXCLUSIONS: The following matters are excluded from mediation and arbitration: (i) a judicial or non -judicial foreclosure or other action or proceeding to enforce a deed of trust, mortgage or installment land sale contract as defined in Civil Code §2985; (ii) an unlawful detainer action; and (iii) any matter that is within the jurisdz;w ll claims or bankri�urt. Buyer's Initials ( ) ( ) Seller's Initials) RPA-CA REVISED 12/15 (PAGE 8 OF 10) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 8 OF 10) Produced with zip FormE by zipLogix 18070 Fifteen Mile Road, Fraser. Michigan 48026 www. zipLoaix tom 2915 F. 60rh PI p uucuoiyn cuvewNa Iv. ii ��crrc owe tirvo-aoro itior tur�4o�r� Property Address: 2915 E 60th PI #S, Huntington Park CA 90255 _ _ Date: August 25,_ 2017 _ (2) PRESERVATION OF ACTIONS: The following shall not constitute a waiver nor violation of the mediation and arbitration provisions: (i) the filing of a court action to preserve a statute of limitations; (ii) the filing of a count action to enable the recording of a notice of pending action, for order of attachment, receivership, injunction, or other provisional remedies; or (iii) 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 panty 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 Seller 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 focal 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 initiated 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 understandings between the Parties are incorporated in this Agreement. Its terms are intended by the Parties as a final, complete and exclusive expression of their Agreement with respect to its subject matter, and may not be contradicted by evidence of any prior agreement or contemporaneous oral agreement. If any provision of this Agreement is held to be ineffective or invalid, the remaining provisions will nevertheless be given full force and effect. Except as otherwise specified, this Agreement shall be interpreted and disputes shall be resolved in accordance wth the Laws of the State of California. Neither this Agreement nor 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 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. "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 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. I. "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, 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 Kevin Wan 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)). JIOne or more Buyers is signing this Agreement in a representative capacity and not for him/herself as an individual. See attached Representative Capacity Signature,B+sClgsure (C.A.R. F,er� RCSD-B) for additional terms. lF_-. I fv Date BUYER ' 1525 2r QZ ' 08/25/2017 13:38:21 (Print name) Eulises Perez Date BUYER (Print name) — ---- Additional Signature Addendum attached (C.A.R. Form ASA). - -- Seller's Initials ( ( ) RPA-CA REVISED 12/15 {PAGE 9 OF 10} CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 9 OF 10) cwroo-uNnv Produced with z,pForm(i,) by zipLogix 18070 Fifteen Mile Road. Fraser. Michigan 48026 www.zioLgqix.rom 2915 E 60rb PI a uuu:oiy:: uwrwNe iu. t �,k ucrrc-ouuu- rvo varc r4ornur uU40Ur Property Address: 2915 E 60th Pl #S -Huntington Park, CA 90255 Date August 25, 2017 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. (If checked) SELLER'S ACCEPTANCE IS SUBJECT TO ATTACHED COUNTER OFFER (C.A.R. Form SCO or SMCO) DATED: One or more Sellers is signing this Agreement in a representative capacity and not Representative Capacity Signatur 9 gig Ltd Form RCSD•S) for additional terms. Date 4/26/2017 SELLER 1 � (Print name) City Of Vernon 729E7g007C88490 Date SELLER (Print name) L Additional Signature Addendum attached (C.A.R. Form ASA). for him/herself as an individual See attached ( / ) (Do not initial if making a counter offer.) CONFIRMATION OF ACCEPTANCE: A Copy of Signed Acceptance was (Initials) personal y received by Buyer or Buyer's authorized agent on (date) at LAM/ UPM. A binding Agreement is created when a Copy of Signed Acceptance is personally received by Buyer or Buyer's 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 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. Form CBC). Declaration of License and Tax (C.A.R. Form DLT) may be used to document that tax reporting will be required or that an exemption exists. Re state BrWr (Sellintklirm) CHLV GROUP __ ___ _ CaiBRE Lic. # 01517692 Bv4w W C,. BY �.�' Kevin Wan p CalBRE Lic. # 01891517 Date 0812512017 08/252017 20:20.5o By CalBRE Lic. # Date Address 2063 South Atlantic Blvd Suite 2H City Monterey Park State CA Zip 91754 Tele h ne 26 59-8655 Fax E-mail kevinwang1515(rDgmaiLcom Re I a ° r Firm) Century 21 Allstars CalBREkI # 01280965 BY Luther Sanchez CalBRE Lic. # 01226461 Date 1&Y3/ By - ` CalBRE Lic. # Date Address a egrap City Pico Rivera State CA _ zip 90660 Telephone Fax E-mail ESCROW HOLDER ACKNOWLEDGMENT: Escrow Holder acknowledges receipt of a Copy of this Agreement, (if checked, ]Ra deposit in the amount of $ 5,000.00 ) counteroffer numbersA{1h="m # 1 S ,n# 1 Seller's Statement of Information and , and agrees to act as Escrow Holder subject to paragraph 20 of this Agreement, any supplemental escrow instructions and the terms of Escrow Holder's general provisions Escrow Holder is advised that the date of Confirmation kf Acc ce of the Agreement as between Buyer and Seller is 9/26/2017 Escrow Holder Concier e Escrow Sery Escrow # 14891- — BY Dat Address m to - a i11 Phone/Fax/E-mail ;crow Holder has the following license number #96DBO-72260 ^Department of Business Oversinht (—I r)Pnartmcntr- PRESENTATION OF OFFER: ( ) Listing Broker presented this offer to Seller on (date) ' REJECTION OF OFFER: ( ) ( ) No counter offer Is being made This offer was rejected by Seller on ceu i ,;n ®1991- 2015, California Association of REALTORSO, Inc United Stales copyright law (Title 17 U S Code) forbids the unauthorized distribution, display and reproduction of this form, or any portion thereof, by photocopy machine or any other means, including facs,mile 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 PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE CONSULT AN APPROPRIATE PROFESSIONAL. : Published and Distributed by Buyer Acknuwledges that page 10 is part of this Agreement ( P ) ( ) M REAL ESTATE BUSINESS SERVICES, INC Buyer's Initials a subsidiary of the CALIFORNIA ASSOCIATION OF REALTORS& - 525 South Virgil Avenue, Los Angeles. Ca dornia 90020 Reviewed by RPA-CA REVISED 12115 (PAGE 10 of 10) Broker or Designee CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 10 OF 10) v r.48026 .www . i iy.4nrr) UUGU01Y11 C11- uPt; IL). /UI�VCf-f"C-OVVu-4r9D-t7J r-D-/40r-l1Vr'U'tOI.M CALIFORNIA =` ASSOCIATION OF KEALTOKS-1 le ADDENDUM (C.A.R. Form ADM, Revised 12/15) No. ONE The following terms and conditions are hereby incorporated in and made a part of the: X Purchase Agreement, -] Residential Lease or Month -to -Month Rental Agreement, Transfer Disclosure Statement (Note: An amendment to the TDS may give the Buyer a right to rescind), Other dated August 25, 2017 on property known as 2915 E 60th PI #S Huntington Park CA 90255 in which Eulises Perez is referred to as ("Buyer/Tenant") and _ is referred to as ("Seller/Landlord"). Seller shall pay for all work recommended to correct "Section !" conditions described in the Wood Pest Report required by pars --graph Mio of C.A.R. Form RPA-CA including the cost of inspection entry and closing of those inaccessible areas where active infestation is discovered Prior to Close of Escrow Seller shall deliver to Buyer a written Pest Control Certification of Completion showing that no infestation is found or that required corrective work is completed The foregoing terms and conditions are hereby agreed to, and the undersigned acknowledge receipt of a copy of this document. Date August 25, 2017 Date 9/26/2017 ^�/ ocu tgne y: VI1525 { 2r 2Z �i''oe.zsizo,7to3a33 Buyer/Tenant Seller/Landlord ��,(? Eulises Perez 729E7AOO7G88490 Buyer/Tenant Seller/Landlord © 1986-2015, California Association of REALTORS®, Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of this form, or any portion thereof, by photocopy machine or any other means, including facsimile 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 PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORS& It is not intended to identify the user as a REALTOR& REALTOR@ is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORSD who subscribe to its Code of Ethics. Published and Distributed by " REAL ESTATE BUSINESS SERVICES, INC a subsidiary of the California Association of REALTORS® 525 South Virgil Avenue, Los Angeles. California 90020 1 Reviewed by Date ADM REVISED 12/15 (PAGE 1 OF 1) E0�>n �Nrt�µ� ADDENDUM ADM PAGE 1 OF 1 CHLN Group Inc, 2063 S. Atlantic Bled Suite 211 Monterey Park, CA 91754 Phone. (626)759-8655 Fax 2915 F; 60tb PI q Kevin wane Produced with zipFormE) by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 wwwzmLooix corn *newamericoan� r I :; PRE -APPROVAL FOR PURCHASE Date: June 16, 2017 Buyer(s): EULISES PEREZ Property Address: TBD To Whom It May Concern: This letter shall serve as a pre -approval for a loan in connection with the purchase transaction for the above referenced buyer(s). While the property has yet to be selected, based on preliminary information a pre -approval is herein granted with the following terms: Purchase Price: $400,000 Loan to Value: 100% Loan Type/Term: VA / 360 months F I CO: 727 This pre -approval is based on personal financial information provided by the buyer(s) via telephone and is subject to verification of said information including and not limited to: income documentation, assets, title, appraisal, and appraisal review. The interest rate is not locked in and this is not a commitment to lend. If there are any questions regarding this letter please feel free to contact me at 310-428-0828. Sincerely, Robert Reza Loan Consultant NMLS #118012 310-428-0828 Robert.Reza@ nafinc.com Disclaimer: Loan Contingency. Even though a buyer may hold a pre -approval letter, further investigations concerning the property or the borrower could result in a loan denial. We suggest the buyer consider a loan contingency requirement in the purchase contract (to protect earnest money deposit) in accordance with applicable state law. - —' NMLS 0116606. State Licensing Information: http://www.newamerit nfunding.com/getaquote/license.htrni •�• ® New American Funding, New American and New American Funding are registered trademarks of Broker Solutions. DBA New American Funding. All Rights Reserved. DocuStgn Envelope 10 OA544507-17EBA084-BFEB-E15100475FE4 C A L I F O R N I A REPRESENTATIVE CAPACITY SIGNATURE DISCLOSURE V ASSOCIATION (FOR SELLER REPRESENTATIVES) Ir OF R E A L T O R S (C.A.R. Form RCSOS, R"sed 6116) This forth is not an assignment. it should not be used to add new parties after a contract has been formed. The purpose of this form is to Identify who the principal is in the transaction and who has authority to sign documents on behalf of the principal. This is a disclosure to the Purchase Agreement, Listing Agreement, ?t Other All Real Estate Disclosures dated ('Agreement"), for the property known as 2915 E. 60th P/. Ps ('Property"), between ('Buyer", Listing Broker) and City of Vernon ('Seller"). If a trust identify Seller as the trustee(s) of the trust or by simplified trust name (ex. John Doe, co -trustee, Jane Doe, co -trustee or Doe Revocable Family Trust 3 ). Full name of trust should be identified in 1A below. If power of attorney, insert principal's name as Seller. 1. A. TRUST: (1) The Property is held in trust pursuant to a trust document, titled (Full name of Trust) (2) The person(s) signing below Is/are Sole/Co/Successor Trustee(s) of the Trust. dated X B. ENTRY: Seller Is a Corporation, Umlted Liability Company, Partnership X Other: City of Vernon which has authorized the officer(s), managing member(s), partner(s) or person(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 C. POWER OF ATTORNEY: Seller ("Principal') has authorized the person(s) signing below ('Attomey-In-Fact", 'Power of Attorney' or "POK) to act on his/her behalf pursuant to a General Power of Attorney ( Specific Power of Attorney for the Property), dated . This form is not a Power of Attomey. A Power of Attorney must have already been executed before this form Is used. D. ESTATE: (1) Seller Is an estate, conservatorship, or guardianship Identified by Superior Court Case name as , Case # (2) The person(s) signing below is/ate court approved representatives (whether designated as Sale or Co -Executor, Administrator, Conservator, Guardian) of the estate, conservatorship or guardianship identified above. 2. Seller's Representative represents that the trust, entity or power of attorney for which that Party is acting already exists. SeHer-,-.dby .Erid] F-,A " Date: 10/12/2017 ( Nji%&?g6Wstee, Officer, Managing Member, Partner, Attorney -in -Fact or Administrator/Executor) B (Print Representative Name► Carlos Fandino Title: Authorized Signer By Date: (Sign Name of Trustee, Officer, Managing Member, Partner, Attorney -In -Fact or Administrator/Executor) (Print Representative Name) Title: Acknowledgement of Receipt By Other Party: (Usting Broker) Century 21 Affstars By &Ajk#y SAW� Date: 1011212017 (Buyer) ( A �e Date: t0�24f 1 �- (Print Buyer Name) �5e,5 A �t:L (Buyer) Date (Print Buyer Name) C 2015.2016 Callfamb Assacbaon of RMTORSQ, bte. UniiW Stales copyright law (Tile 17 Us Code) krl:Ws fhe urnuttwnad olstrjbldron, Quplay And m7oducllan of dds form, or any porbn Iftemd. by 0 mtocapy macMn@ cr any other moans, Induny facdrtyle or compuler¢ed fomm%. THIS FORM HAS ORN APPROVED BY THE CALIFORWA ASSOCIATION OF RFALTORS®. NO REPRESENTATION fS MAOE AS To THE LEGAL VALtorrY OR ACCURACY OF ANY PROV StON N 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. Pu6Ysted Arttl DtWlwled by REAL ESTATE BUSINESS SERVICES, INC. • a subadn" or fhe Catrrorn a A=0abon of REAL FORSO e M South Virg Avenue Los Angates, CaWonua 90020 RerMwed by RCSDS REVISED 6116 (PAGE 1 OF 1) 2 REPRESENTATIVE CAPACITY SIGNATURE DISCLOSURE (RCSD-S PAGE 1 OF t i Cml•n 21 Mh,-915R lr i aps Ad U-I FMv M.• Rh— CA 9AIs0 RIa1e !0-1iLI171 Fa U"lalyd L/uLu Jilyll ciiv Ciul.le IIJ. /t_.VUCrrC-000U'i r'i D-�Jr D'!'IOrFi L/r V40l�M N(:A LI FC)ItNI A 3 A s s O (: I A 1 ION BUYER'S INSPECTION ADVISORY O 1' 1: L A L "1' O R S " (C.A.R. Form BIA, Revised 11/14) W,, Property Address: 2915 E 60th Pf #S, 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 INVESTIGATE THE CONDITION AND SUITABILITY OF 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 BROKERS. 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, 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 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 flood. 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. I. 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 PROPERTY RESTRICTIONS: Some cities and counties impose restrictions that limit the amount of rent that can be charged, the maximum number of occupants, and the right of a landlord to terminate a tenancy. Deadbolt or other locks and security systems 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 species, 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 signing below, Buyers acknowledge that they have read, understand, accept and have received a Copy of this Advisory. Buyers courage read it carefu!!y,, Buyer FvA n1525 �2r-eZ 08/25/201713:38:21 Buyer Eu/ises Perez -- --- -- © 1991-2004, California Association of REALTORS@, Inc. 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 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. " a subsidiary of the California Association of REAL TORSO mow` 525 South Virgil Avenue, Los Angeles, California 90020 Reviewed by_ Date — ? BIA REVISED 11/14 (PAGE 1 OF 1) - BUYER'S INSPECTION ADVISORY BIA PAGE 1 OF 1 CIII.\' GnmP Inc. 2063 S. 911an1ie Bhd Suilc 2H NI —tire% Park, CA 91754 Phone: (626)759-8655 Fax 2915 E 6111h PI X Kevin \yang Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zioLogix corn LluuuJlyii CIIvt upti IL7 /lil,ucrra-oUULr-4r�to-7Jr a-, 4orMUru%ol.,M C A L I F0ItNIA 1 4 - I .p ASSOCIATION OF REALTORSx FHANA Amendatory Clause (C.A.R. Form FVAC, Revised 12/16) This is an addendum to the X California Residential Purchase Agreement or Other ("Agreement"), dated — _ Augusf 25, 2017 on property known as 2915 E 60th PI #S. Huntington Park CA 90255 ("Property"), between Eulises Perez ("Buyer"), and — --- — ----- - - ("Seller"). 1. "It is expressly agreed that notwithstanding any other provisions of this contract, the purchaser shall not be obligated to complete the purchase of the property described herein or to incur any penalty by forfeiture of earnest money deposits or otherwise unless the purchaser has been given in accordance with HUD/FHA or VA requirements a written statement by the Federal Housing Commissioner, Department of Veterans Affairs, or a Direct Endorsement lender setting forth the appraised value of the property of not less than $ . The purchaser shall have the privilege and option of proceeding with consummation of the contract without regard to the amount of the appraised valuation. The appraised valuation is arrived at to determine the maximum mortgage the Department of Housing and Urban Development will insure or Department of Veterans Affairs will guaranty. Neither HUD or VA warrant the value or the condition of the property. The purchaser should satisfy himself/herself that the price and condition of the property are acceptable." If, after signing this Amendatory Clause, the purchase price increases, Buyer and Seller agree to sign, before Close of Escrow, a new amendatory clause that reflects the final purchase price agreed to by Buyer and Seller. For FHA transactions, the Amendatory Clause is not required on HUD REO sales, sates where the seller is Fannie Mae, Freddie Mac, the Department of Veterans Affairs, Rural Housing Services, other Federal, State and local government agencies, mortgagees disposing of REO assets, or sellers at foreclosure sales and those sales where the borrower will not be an owner -occupant (e.g., sales to nonprofit agencies). 2. CERTIFICATION: The undersigned Buyer, Seller, and real estate agent(s) or broker(s) hereby certify that the terms and conditions of the sales contract referenced above are true to the best of their knowledge and belief and that any other agreement entered into by any of the parties in connection with the real estate transaction is part of, or attached to, the sales agreement. WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties can include fine, imprisonment, or both. Title 18 U.S. Code Sections 1001 et seq. By signing below, the undersigned acknowledge that each has read, understands and has received a copy of this Amendatory Clause. Date 0812512017 Buyer E 15e5 1 Q _12 0&25/2017133835 Eulises Perez Buyer Date 9/26/2017 Euu..svnaa oy: - - - --- - --- --- - Seller 29EMO=88490 Seller Re*L t to pulse Oiling Firm) CHLV GROUP CaIBRE Lic. # 01517692 By oensreonzo2oss Kevin Wang CafBRE Lic. # 01891517 Date 08/2512017 Address 2063 South Atlantic Blvd Suite 2H City Monterey Park State CA Zip 91754 Telephone 126 T59-8655 Fax Email kevinwan 1515 mall.com R I a ng Firm) Century 21 Allstars CaIBRE Lic.# B �. Luther Sanchez CalBRE Lic. # 1 646 Date A ele ra h Rd. City Pico Rivera State CA Zip 90660 Telephone Fax Email The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this form, or any portion, thereof, by photocopy machine or any other means, including facsimile or computerized formats Copyright ® 2012, CALIFORNIA ASSOCIATION OF REALTORS®, INC. ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS& (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 form Is available for use by the entire real estate industry. It is not Intended to identify the user as a REALTOR@ REALTORO is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORSE who subscribe to its Code of Ethics. Ucublished and Distributed by: REAL ESTATE BUSINESS SERVICES, INC. a subsidiary of the California Association of REAL TORSPi 525 South Virgil Avenue. Los Angeles, Caiforn.a 90020 Reviewed by FVAC 12116 (PAGE 1 OF 1) FHANA Amendatory Clause FVAC PAGE 1 OF 1 CIILY Gruup In., 2063 S. 4,11an6c Bhd 5"11r !t1 1lumcrrp Park, C.4 91754 Phone 16261759-a655 Fax 2915 r. 601h PI # Kevin Want: Produced 4111 21PForrrJ by zmLoq, 1P,070 Fdteen M,e Ruad Fraser Michigan 48026 www. roLoolx com vucuoiyn CIIvCIUL1C IL /4l VCrrC OL VL-4r4D'�JrO /YOr YUrV O A L I O R N I A SELLER COUNTER OFFER No. 1 �` C i ASSOCIAr[ O N May not be used as a multiple counter offer. I� OF REAt.TORSk (C.A.R. Form SCO, 11/14) ' Date September 18, 2017 This is a counter offer to the: k Purchase Agreement, i Buyer Counter Offer No. , or Other ("Offer"), dated 09/13/2017 on property known as 2915 E 60th P1 #S, Huntington Park, CA 90255 ("Property`), between _ Eulises Perez _ _ _ _ ('Buyer") and Vernon City ("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 or an addendum. B. Unless otherwise agreed in writing, down payment and loan amount(s) will be adjusted in the same proportion as in the original Offer. C. OTHER TERMS: D. The following attached addenda are incorporated into this Seller Counter offer: J' Addendum No. 1 Li 2. EXPIRATION: This Seller Counter Offer shall be deemed revoked and the deposits, if any, shall be returned: A. Unless by 5:00pm on the third Day After the date it is signed in paragraph 4 (if more than one signature then, the last signature date)(or by n AM L ] PM on (date)) (i) it is signed in paragraph 5 by Buyer and (ii) a copy of the signed Seller Counter Offer is personally received by Seller or , who is authorized to receive it. OR B. If Seller withdraws it anytime prior to Acceptance (CAR Form WOO may be used). OR C. If Seller accepts another offer prior to Buyer's Acceptance of this counter offer. 3. MARKETING TO OTHER BUYERS: Seller has the right to continue to offer the Property for sale. Seller has the right to accept any other offer received, prior to Acceptance of this Counter Offer by Buyer as specified in 2A and 5. In such event, Seller is advised to withdraw this Seller Counter Offer before accepting another offer. DocuSi ned b 4. OFFE�SELLER MAKES THIS COUNTER OFFER ON THE TERMS ABOVE AND ACKNOWLEDGES RECEIPT OF A CCppPPY. Seller Gaa-(et Ga„./;o Vernon City Date 9/18/2017 Seller 729UA0o7c9949o_ _ Date 5. ACCEPTANCE: I/WE accept the above Seller Counter Offer (If checked L . SUBJECT TO THE ATTACHED COUNTER OFFER) and acknowledge receipt of a Copy. Buyer �v� ses— �QreZ",Eulises Perez Date 09/20/17 Time -- ] AM/ i i PM Buyer Date Time J AM/ PM CONF MATION OF ACCEPTANCE: ( / ) (Initials) Confirmation of Acceptance: A Copy of Signed Acceptance was personally received by Seller, or Seller's authorized agent as specified in paragraph 2A on (date) %-20-/7 at 5-20 L;AM/ F%-e M. A binding Agreement is created when a Copy of Signed Acceptance is personally received by Seller or Seller's authorized agent whether or not confirmed in this document. © 2014, California Association of REALTORS&, Inc. 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 PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. Published and Distributed by: r REAL ESTATE BUSINESS SERVICES INC. a subsidiary of the California Association of REAL TORS® 525 South Virgil Avenue, Los Angeles, California 90020 Reviewed by Date SCO 11114 (PAGE 1 OF 1) SELLER COUNTER OFFER (SCO PAGE 1 OF 1) Certur)21 Allstars, 915i Tcl—ph .%— 2nd Flour Pic) Rircra, CA 99h60 Phone. (5h2) 715-93X7 Fax (562) M63-3275 291, E. fillth Luther Sanchcz Produced with zipFormrR) by zipLogix 18070 Fifteen Mile Road. Fraser, Michigan 48026 www.zioLogix corn Li—U01911 cnvelupe lu. iuuucrrc-ovuu-Yr4D-aoro-i,+ormLiruwo,-,m kheC:ALIFORNIA 40 ASSOCIATION lowW� OF RE A LT O RS R ADDENDUM (C.A.R. Form ADM, Revised 12/15) Im The following terms and conditions are hereby incorporated in and made a part of the: F Purchase Agreement, J Residential Lease or Month -to -Month Rental Agreement, F. Transfer Disclosure Statement (Note: An amendment to the TDS may give the Buyer a right to rescind), IX Other Seller Counter Offer dated July 18, 2017 on property known as 2915 E 60th PI #S Huntin ton Park, CA 90255 in which Eulises Perez is referred to as ("Buyer/Tenant") and Vernon City is referred to as ("Seller/Landlord"). • Sales price to be $325,000 • Escrow to close within 30 days from contract acceptance. If extension is granted beyond this date Buyer agrees to credit Seller $75 per day for every day past day 30 until the close of escrow, unless delay is caused by Seller. If escrow does not close within this time, unless seller provides an extension this transaction is automatically cancelled without any further signatures required. • Buyer shall within 7 days after acceptance give escrow holder a completed statement of information • For purposes of time periods in this contract buyers agent is authorized to receive all documents & notices on behalf of the buyer or buyers. • Seller shall provide buyer with a basic Home Warranty plan not to exceed $500 issued by company of sellers choice • The full copy of the Appraisal Report shall be provided to seller upon receipt by buyer. • Should the appraisal value come in lower than the agreed upon sales price, buyers shall pay this difference as additional closing funds required. • All contingencies shall be removed in 17 days from date of acceptance automatically without any further signatures being required. _ • Buyers deposit shall be a total of $5 000 • Buyers to be responsible for and pay for any lender required repairs • Seller further agrees to indemifv defend and hold Broker harmless from all claims disputes litigation judgments attorney fees and costs arising from any incorrect information supplied by Seller as a result of -gross negligence or willful misconduct only, or from any material facts that Seller knows but fails to disclose." The foregoing terms and conditions are hereby agreed to, and the undersigned acknowledge receipt of a copy of this document. Date 09/20/17 09/20/2017 Buyer/Tenant �v��ses �e�eZ ;: 03:33 PM PDT Eulises Perez Buyer/Tenant Date 9/18/2017 Seller/Landlord Gam/et P�i�8B49Q.. Seller/Landlord © 1986-2015, California Association of REALTORSe), Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of this form, or any 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 PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORS& It is not intended to identify the user as a REALTOR& REALTORO is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORSO who subscribe to its Code of Ethics. l Published and Distributed by: „ REAL ESTATE BUSINESS SERVICES, INC. a subsidiary of the California Association of REAL TORS© - -- 525 South Virgil Avenue, Los Angeles, California 90020 _ Reviewed by Date � __ c�oaruwm ADM REVISED 12/15 (PAGE 1 OF 1) ADDENDUM ADM PAGE 1 OF 1 Century 11 Allslars, 9155 Telegraph Ave. 2nd Floor Pico Rivera. CA 90660 Phone: (562) 755-9387 Fax: (562) 963-3275 2915 L. 601h Lulhcr Sanchez Produced with zipForm(D by zipLogix 18070 Fifteen Mile Road. Fraser, Michigan 48026 www.zipLouix.com DocuSign Envelope ID: 85FEB3031D5F-4A9A-A18E-742DCOA89OA5 DocuSign Envelope ID: 7CCOEFFE$DOD-4F4B-93FB-746FADF048CA CAL I F O R N I A DISCLOSURE REGARDING t ASSOCIATION REAL ESTATE AGENCY RELATIONSHIP _� OF R E A L T O R S' (Selling Firm to Buyer) ' (As required by the Civil Code) (C.A.R. Form AD, Revised 12/14) ❑ (if checked) This form is being provided in connection with a transaction for a leasehold interest exceeding one year as per Civil Code section 2079.13(k) and (m). When you enter Into a discussion with a real estate agent regarding a real estate transaction, you should from the outset understand what type of agency relationship or representation you wish to have with the agent in the transaction. SELLER'S AGENT A Seller's agent under a listing agreement with the Seller acts as the agent for the Seller only. A Sellers agent or a subagent of that agent has the following affirmative obligations: To the Seller: A Fiduciary duty of utmost care, integrity, honesty and loyalty in dealings with the Seller. To the Buyer and the Seller (a)Diligent exercise of reasonable skill and we in performance of the agent's duties. (b)A duty of honest and fair dealing and good faith. (c)A duty to disclose all facts known to the agent materially affecting the value or desirability of the property that are not known to, or within the diligent attention and observation of, the parties. An agent is not obligated to reveal to either party any confidential information obtained from the other party that does not involve the affirmative duties set forth above. BUYER'S AGENT A selling agent can, with a Buyer's consent, agree to act as agent for the Buyer only. In these situations, the agent is not the Seller's agent, even if by agreement the agent may receive compensation for services rendered, either in full or in part from the Seller. An agent acting only for a Buyer has the following affirmative obligations: To the Buyer: A fiduciary duty of utmost care, integrity, honesty and loyalty in dealings with the Buyer. To the Buyer and the Seller: (a)Diligent exercise of reasonable skill and care in performance of the agent's duties. (b)A duty of honest and fair dealing and good faith. O)A duty to disclose all facts known to the agent materially affecting the value or desirability of the property that are not known to, or within the diligent attention and observation of, the parties. An agent is not obligated to reveal to either parry any confidential information Obtained from the other party that does not Involve the affirmative duties set forth above. AGENT REPRESENTING BOTH SELLER AND BUYER A real estate agent, either acting directly or through one or more associate licensees, can legally be the agent of both the Seller and the Buyer in a transaction, but only with the knowledge and consent of both the Seller and the Buyer. In a dual agency situation, the agent has the following affirmative obligations to both the Seller and the Buyer: (a)A fiduciary duty of utmost care, Integrity, honesty and loyalty in the dealings with either the Seller or the Buyer. (b)Other duties to the Seller and the Buyer as stated above in their respective sections. In representing both Seller and Buyer, the agent may not, without the express permission of the respective party, disclose to the other party that the Seller will accept a price less than the listing price or that the Buyer will pay a price greater than the price offered. The above duties of the agent in a real estate transaction do not relieve a Seller or Buyer from the responsibility to protect his or her own Interests, You should carefully read all agreements to assure that they adequately express your understanding of the transaction. A real estate agent is a person qualified to advise about real estate. If legal or tax advice is desired, consult a competent professional. Throughout your real property transaction you may receive more than one disclosure form, depending upon the number of agents assisting In the transaction. The law requires each agent with whom you have more than a casual relationship to present you with this disclosure torn. You should read Its Contents each time It is presented to you, considering the relationship between you and the real estate agent In your specific transaction. This disclosure form includes the provisions of Sections 2079.13 to 2079.24, Inclusive, of the Civil Code set forth on page 2. Read it carefully. ME ACKNOWLEDGE RECEIPT OF A COPY OF THIS DISCLOSURE AND THE PORTIONS OF THE CIVIL CODE PRINTED ON THE BACK (OR A SEPA P GE), uetli X Buyer ❑Seller❑ Landlord❑Tenant ✓ 1$2$ Fe- r'2Z ° 01710 tee' Date 08,025/2017 finis.. P.— ❑ Buyer ❑ Seller ❑ Landlord ❑ Tenant Agent Date Ult. # 01517692 osmRon zo.Hw BRE Lic. # 01891517 Date 08/25/2017 Agency Disclosure Compliance (Civil Code §2079.14): . When the listing brokerage company also represents Buyer/Tenant: The Listing Agent shall have one AD ton signed by Seller/Landlord and e different AD form signed by Buyer/Tenant. . When Seller/Landlord and Buyer/Tenant are represented by different brokerage companies: (I) the Listing Agent shall have one AD form signed by # bind (ii) the Buyefs7renanl's Agent shall have one AD forth signed by Buyer/Tenant and either that same or a different AD form pres d to Se r ndlord for signature rior to prasentabon of the offer. If the same form is used, Seller may sign here '19y-1 `� �2-13-17 S II / d6ressapo Date Seller/Landlord Date The copyright laws of the Unted Steles (Irde 17 U.S. Code) forbid the unauthofted reproduction of this brim, or any porien thereof. by photocopy machine or any other ream, Including facts mee or computerized formats. Copyright To 1991-2010, CALIFORNIA ASSOCIATION OF REALTORS@, INC. Reviewed by pale ALL RIGHTS RESERVED. AD REVISED 12/14 (PAGE 1 OF 2) "v0R1tl"' DISCLOSURE REGARDING REAL ESTATE AGENCY RELATIONSHIP CRLYDnap lar.2%3S. Arbnde ehd 6dte IN Naer.rry /ark, CA 91751 Phone (626mSLS65S Fa. HIS E 601e Pla S, KM. mnnit Pmtlur- wdh dnFameay rgpLogIx 1.10 Fmesn M In Road F.aur N Igii —7e wow DocuSign Envelope ID: 85FEB303-1D5F-4A9A-A18E-742DCOAB9OA5 DocuSign Envelope ID: 7CCOEFFE-8DOD-4F40-93FB-746FADF048CA CIVIL CODE SECTIONS 2079.24 (2079.16 APPEARS ON THE FRONT) 2079.13 As used in Sections 2079.14 to 2079.24, inclusive, the following terms have the following meanings: (a) "Agent" means a person acting under provisions of Title 9 (commencing with Section 2295) In a real property transaction, and includes a person who is licensed as a real estate broker under Chapter 3 (commencing with Section 10130) of Part 1 of Division 4 of the Business and Professions Code, and under whose license a listing is executed or an offer to purchase is obtained. (b) "Associate licensee' means a person who is licensed as a real estate broker or salesperson under Chapter 3 (commencing with Section 10130) of Part 1 of Division 4 of the Business and Professions Code and who is either licensed under a broker or has entered into a written contract with a broker to act as the brokers agent In connection with acts requiring a real estate license and to function under the broker's supervision in the capacity of an associate licensee. The agent in the real property transaction bears responsibility for his or her associate licensees who perform as agents of the agent. When an associate licensee owes a duty to any principal, or to any buyer or seller who is not a principal, in a real property transaction, that duty is equivalent to the duty owed to that party by the broker for whom the associate licensee functions. (c) "Buyer" means a transferee in a real property transaction, and includes a person who executes an offer to purchase real property from a seller through an agent, or who seeks the services of an agent in more than a casual, transitory, or preliminary manner, with the object of entering into a real property transaction. "Buyer" includes vendee or lessee. (d) "Commercial real property" means all real property in the state, except single-family residential real property, dwelling units made subject to Chapter 2 (commencing with Section 1940) of Title 5, mobilenomes, as defined in Section 798.3, or recreational vehicles, as defined in Section 799.29. (a) "Dual agent" means an agent acting, either directly or through an associate licensee, as agent for both the seller and the buyer in a real property transaction. (1) "Listing agreement" means a contract between an owner of real property and an agent, by which the agent has been authorised to sell the real property or to find or obtain a buyer. (g) "Listing agent" means a person who has obtained a listing of real property to act as an agent for compensation. (h) "Listing price" is the amount expressed In dollars specified In the listing for which the seller is willing to sell the real property through the listing agent. (I) "Offering price" is the amount expressed in dollars specified in an offer to purchase for which the buyer is willing to buy the real property. 0) 'Offer to purchase" means a written contract executed by a buyer acting through a selling agent that becomes tine contract for the sale of the real property upon acceptance by the seller. (k) "Real property" means any estate specified by subdivision (1) or (2) of Section 761 in property that constitutes or is improved with one to four dwelling units, any commercial real property, any leasehold in these types of property exceeding one year's duration, and mobilehomes, when offered for sale or sold through an agent pursuant to the authority contained In Section 10131.6 of the Business and Professions Code. (1) "Real property transaction' means a transaction for the sale of real property in which an agent is employed by one or more of the principals to act in that transaction, and includes a listing or an offer to purchase. (m) "Sell," "sale," or 'sold' refers to a transaction for the transfer of real property from the seller to the buyer, and includes exchanges of real property between the seller and buyer, transactions for the creation of a real property sales contract within the meaning of Section 2985, and transactions for the creation of a leasehold exceeding one year's duration. (n) "Seller" means the transferor in a real property transaction, and includes an owner who lists real property with an agent, whether or not a transfer results, or who receives an offer to purchase real property of which he or she Is the owner from an agent on behalf of another. "Seller" includes troth a vendor and a lessor. (o) "Selling agent" means a listing agent who acts alone, or an agent who acts in cooperation with a listing agent, and who sells or finds and obtains a buyer for the real property, or an agent who locates property for a buyer or who finds a buyer for a property for which no listing exists and presents an offer to purchase to the seller. (p) "Subagent" means a person to whom an agent delegates agency powers as provided in Article 5 (commencing with Section 2349) of Chapter 1 of Title 9. However, "subagent" does not include an associate licensee who Is acting under the supervision of an agent in a real property transaction. 2079.14 Listing agents and selling agents shall provide the seller and buyer in a real property transaction with a copy of the disclosure form specified in Section 2079.16, and, except as provided in subdivision (c), shall obtain a signed acknowledgement of receipt from that seller or buyer, except as provided in this section or Section 2079.15, as follows: (a) The listing agent, if any, shall provide the disclosure form to the seller prior to entering into the listing agreement. (b) The selling agent shall provide the disclosure form to the seller as soon as practicable prior to presenting the seller with an offer to purchase, unless the selling agent previously provided the seller with a copy of the disclosure form pursuant to subdivision (a). (c) Where the selling agent does not deal on a face-to-face basis with the seller, the disclosure form prepared by the selling agent may be furnished to the seller (and acknowledgement of receipt obtained for the selling agent from the seller) by the listing agent, or the selling agent may deliver the disclosure form by certified mail addressed to the seller at his or her last known address, in which case no signed acknowledgement of receipt is required. (d) The selling agent shall provide the disclosure form to the buyer as soon as practicable prior to execution of the buyer's offer to purchase, except that if the offer to purchase is rot prepared by the selling agent, the selling agent shall present the disclosure form to the buyer not later than the next business day after the selling agent receives the offer to purchase from the buyer. 2079.15 In any circumstance in which the seller or buyer refuses to sign an acknowledgement of receipt pursuant to Section 2079,14, the agent, or an associate licensee acting for an agent, shall set forth, sign, and date a written declaration of the facts of the refusal. 2079.16 Reproduced on Page 1 of this AD form. 2079.17 (a) As soon as practicable, the selling agent shall disclose to the buyer and seller whether the selling agent is acting in the real property transaction exclusively as the buyer's agent, exclusively as the seller's agent, or as a dual agent representing both the buyer and the seller. This relationship shall be confirmed in the contract to purchase and sell real property or in a separate writing executed or acknowledged by the seller, the buyer, and the selling agent prior to or coincident with execution of that contract by the buyer and the seller, respectively. (b) As soon as practicable, the listing agent shall disclose to the seller whether the listing agent is acting in the real property transaction exclusively as the seller's agent, or as a dual agent representing both the buyer and seller. This relationship shall be confirmed in the contract to purchase and sell real property or in a separate writing executed or acknowledged by the seller and the listing agent prior to or coincident with the execution of that contract by the seller. (c) The confirmation required by subdivisions (a) and (b) shall be in the following form. (DO NOT COMPLETE. SAMPLE ONLY) is the agent of (check one): O the seller exclusively; or 0 both the buyer and seller. (Name of Listing Agent) (DO NOT COMPLETE, SAMPLE ONLY) is the agent of (check one): O the buyer exclusively; or ❑ the seller exclusively: or (Name of Selling Agent it not the same as the Listing Agent) both the buyer and seller. (d) The disclosures and confirmation required by this section shall be in addition to the disclosure required by Section 2079.14. 2079.18 No selling agent in a real property transaction may act as an agent for the buyer only, when the selling agent is also acting as the listing agent in the transaction. 2079.19 The payment of compensation or the obligation to pay compensation to an agent by the seller or buyer is not necessarily determinative of a particular agency relationship between an agent and the seller or buyer. A listing agent and a selling agent may agree to share any compensation or commission paid, or any right to any compensation or commission for which an obligation arises as the result of a real estate transaction, and the terms of any such agreement shall not necessarily be determinative of a particular relationship. 2079.20 Nothing In this article prevents an agent from selecting, as a condition of the agent's employment, a specific form of agency relationship not specifically prohibited by this article if the requirements of Section 2079.14 and Section 2079.17 are complied with. 2079.21 A dual agent shall not disclose to the buyer that the seller is willing to sell the property at a price less than the listing price, without the express written consent of the seller. A dual agent shall not disclose to the seller that the buyer is willing to pay a price greater than the offering price, without the express written consent of the buyer. This section does not alter In any way the duty or responsibility of a dual agent to any principal with respect to confidential information other than price. 2079.22 Nothing In this article precludes a listing agent from also being a selling agent, and the combination of these functions in one agent does not, of itself, make that agent a dual agent. 2079.23 A contract between the principal and agent may be modified or altered to change the agency relationship at any time before the performance of the act which is the object of the agency with the written consent of the parties to the agency relationship. 2079.24 Nothing in this article shall be construed to either diminish the duty of disclosure owed buyers and sellers by agents and their associate licensees, subagents, and employees or to relieve agents and their associate licensees, subagents, and employees from liability for their conduct in connection with acts governed by this article or for any breach of a fiduciary duty or a duty of disclosure. ® Published and Disvf by: w REAL ESTATE BUSINESS S SERVICES, INC. a Subsidiary or the California Association of REALTORS® Reviewed by _ Date c .525 South Virgil Avenue, Los Angeles, California 9OC20 AD REVISED 12114 (PAGE 2 OF 2) DISCLOSURE REGARDING REAL ESTATE AGENCY RELATIONSHIP (AD PAGE 2 OF 2) Produced with zipFornE by zip Logix 18070 Fiheen Mae Road, Fraser. Michigan 48026 � zip' ooix corn 2915 E 60th PI0 vUl101',Ji CI IV PV I ill —.)crrc GUV ✓'4r4o-Jjro i4orr+Urv40UM `t C 9 L I F 0 R N 1 A POSSIBLE REPRESENTATION OF MORE THAN ONE BUYER ASSOCIATION OR SELLER - DISCLOSURE AND CONSENT �✓�/ O F tZ E A L T 0 k 5(CAR. Form PRBS, 11114) A real estate broker (Broker), whether a corporation, partnership or sole proprietorship, may represent more than one buyer or seller. This multiple representation can occur through an individual licensed as a broker or salesperson or through different individual broker's or salespersons (associate licensees) acting under the Broker's license. The associate licensees may be working out of the same or different office locations. Multiple Buyers: Broker (individually or through its associate licensees) may be working with many prospective buyers at the same time. These prospective buyers may have an interest in, and make offers on, the same properties. Some of these properties may be listed with Broker and some may not. Broker will not limit or restrict any particular buyer from making an offer on any particular property whether or not Broker represents other buyers interested in the same property. Multiple Sellers: Broker (individually or through its associate licensees) may have listings on many properties at the same time. As a result, Broker will attempt to find buyers for each of those listed properties. Some listed properties may appeal to the same prospective buyers. Some properties may attract more prospective buyers than, others. Some of these prospective buyers may be represented by Broker and some may not. Broker will market all listed properties to all prospective buyers whether or not Broker has another or other listed properties that may appeal to the same prospective buyers. Dual Agency: If Seller is represented by Broker, Seller acknowledges that broker may represent prospective buyers of Seller's property and consents to Broker acting as a dual agent for both seller and buyer in that transaction. If Buyer is represented by Broker, buyer acknowledges that Broker may represent sellers of property that Buyer is interested in acquiring and consents to Broker acting as a dual agent for both buyer and seller with regard to that property. In the event of dual agency, seller and buyer agree that: (a) Broker, without the prior written consent of the Buyer, will not disclose to seller that the Buyer is willing to pay a price greater than the offered price; (b) Broker, without the prior written consent of the seller, will not disclose to the buyer that seller is willing to sell property at a price less than the listing price; and (c) other than as set forth in (a) and (b) above, a dual agent is obligated to disclose known facts materially affecting the value or desirability of the property to both parties. Offers not necessarily confidential: 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. 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. Buyer and seller understand that Broker may represent more than one buyer or more than one seller and even both buyer and seller on the same transaction and consents to such relationships. Seller and/or Buyer acknowledges reading and understanding this Possible Representation of More Than One Buyer of S@R@T,,9T,,Pds.closure and Consent and agrees to the agency possibilities disclosed. Seller Seller Buyer Buyer Rea By L tars 06125r2017 Q 38 21 Date 9/26/2017 Date Date 0812512017 Date CaIBRE Lic # 01280965 _ Date 10/3/2017 CalBRE Lic # 01226461 Date 10 3 2017 Rea Estate Broker �(F�i(m) CMLV GROUP CaIBRE Lic # 01517692 Date 0812512017 By k-211LV1� t/V ,w►6 08/25/2017 20-20:50 CaIBRE Lic # 01891517 Date 0812512017 Kevin Wang ® 2014, California Association of REALTORS D, Inc United States copyright law (Title 17 U S Code) forbids the unauthorized distribution, display and reproduction of this form or any portion thereof, by photocopy machine or any other means, including facsim le or compulenzed 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. This farm is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORS® it Is not intended to Identify the user as a REALTORS REALTORG Is a registered co fective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS® who subscribe to its Code of Ethics l Published and Dlstrbuted by REAL ESTATE BUSINESS SERVICES, INC " a subsidiary of the California Association of REAL TORS® ^ ` t , 525 South Virgil Avenue Los Angeles, California 90020 Reviewed by _ Dale PRBS 11/14 (PAGE 1 OF 1) POSSIBLE REPRESENTATION OF MORE THAN ONE BUYER OR SELLER (PRBS PAGE 1 OF 1) U1I-A Group Inc, 3U63 S. All-lic Bhd Suit, 211 llumcm Park, C4 91754 Phone: 16261759.8655 Fax E915 F 60W PI If i'_`•1n W n: P cl-ed mth z nFor b - -z 1 0 0 Fifteen M, e R F - Michigan. 48026 Y+,N]'LZN_1.0p �c.em ✓ui-uo(w ci ve..:pu iu ,u,—crrc CLJ-,-4r4D-ajro i4orr,uru�o�,n C a L I F O R N t A POSSIBLE REPRESENTATION OF MORE THAN ONE BUYER ASSOCIATION OR SELLER - DISCLOSURE AND CONSENT 1®ji/ OF R. E A L T O R S i` (C.A.R. Form PREIS, 11/14) A real estate broker (Broker), whether a corporation, partnership or sole proprietorship, may represent more than one buyer or seller. This multiple representation can occur through an individual licensed as a broker or salesperson or through different individual broker's or salespersons (associate licensees) acting under the Broker's license. The associate licensees may be working out of the same or different office locations. Multiple Buyers: Broker (individually or through its associate licensees) may be working with many prospective buyers at the same time. These prospective buyers may have an interest in, and make offers on, the same properties. Some of these properties may be listed with Broker and some may not. Broker will not limit or restrict any particular buyer from making an offer on any particular property whether or not Broker represents other buyers interested in the same property. Multiple Sellers: Broker (individually or through its associate licensees) may have listings on many properties at the same time. As a result, Broker will attempt to find buyers for each of those listed properties. Some listed properties may appeal to the same prospective buyers. Some properties may attract more prospective buyers than others. Some of these prospective buyers may be represented by Broker and some may not. Broker will market all listed properties to all prospective buyers whether or not Broker has another or other listed properties that may appeal to the same prospective buyers. Dual Agency: If Seller is represented by Broker, Seller acknowledges that broker may represent prospective buyers of Seller's property and consents to Broker acting as a dual agent for both seller and buyer in that transaction. If Buyer is represented by Broker, buyer acknowledges that Broker may represent sellers of property that Buyer is interested in acquiring and consents to Broker acting as a dual agent for both buyer and seller with regard to that property. In the event of dual agency, seller and buyer agree that: (a) Broker, without the prior written consent of the Buyer, will not disclose to seller that the Buyer is willing to pay a price greater than the offered price; (b) Broker, without the prior written consent of the seller, will not disclose to the buyer that seller is willing to sell property at a price less than the listing price; and (c) other than as set forth in (a) and (b) above, a dual agent is obligated to disclose known facts materially affecting the value or desirability of the property to both parties. Offers not necessarily confidential: 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. 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. Buyer and seller understand that Broker may represent more than one buyer or more than one seller and even both buyer and seller on the same transaction and consents to such relationships. Seiler and/or Buyer acknowledges reading and understanding this Possible Representation of More Than One Buyer of Sgjj@TI � Pipciosure and Consent and agrees to the agency possibilities disclosed. Seller Seiler Buyer Buyer Rea By L 1 Al/stars 08/252017 13 38 21 Date 9/26/2017 Date es Perez Date 0812512017 Date CaIBRE Lic # 01280965 _ Date 10/3/2017 CaIBRE Lic # 01226461 Date 10 3 2017 Real Estate Broker (Fi m) CHLV GROUP CalBRE Lic # 01517692 Date 0812512017 By Kevyinin Wang . W G.vti,G J 08/25/2017 20:20:50 CalBRE Lic # 01891517 Date 0812512017 Q 2014, California Association of REALTORSO, Inc United States copyright law (Title 17 U S Code) forbids the unauthonzed distribution, display and reproduction of this form. or any portion thereof, by photocopy machine or any other means, including facsim le 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 PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from the California Association of REALTORSO it is not intended to identity the user as a REALTORS REALTOR@ is a registered cc fective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORSO who subscribe to its Code of Ethics Published and Dlstrbuted by REAL ESTATE BUSINESS SERVICES, INC a subsidiary of the Caldomia Association of REAL TORS@ t , 525 South Virgil Avenue Los Angeles, California 90020 Reviewed by Date PRBS 11114 (PAGE 1 OF 1) r w n POSSIBLE REPRESENTATION OF MORE THAN ONE BUYER OR SELLER (PRBS PAGE 1 OF 1) ...- Of L% t: —P Inc, 2063 5-All ntic Bltd Suitc 211 liumrrry PArk, CA 91754 Phone:16261759.8655 Fax 2915 F 60t6 PI P duced wdh z pFor h. - -.. x 1 0 0 Fifleen M, e R F blichi0an 4902o yry�L7jP,J�py x e�m u UCUJgYII CI IVCIJPt I . /L.VVCrrC-000 u-'ii9 D'yJr D- i` ormur-u 0o H �CALIFORNIA �` ASSOCIATION I� OF RF.. A (.TORS'" WIRE FRAUD ADVISORY (C.A.R. Form WFA, 6/16) Property Address: 2915 E 60th Pl #S, Huntington Park CA 90255 ("Property"). WIRE FRAUD ADVISORY: The ability to communicate and conduct business electronically is a convenience and reality in nearly all parts of our lives. At the same time, it has provided hackers and scammers new opportunities for their criminal activity. Many businesses have been victimized and the real estate business is no exception. While wiring funds is a welcome convenience, buyers and sellers need to exercise extreme caution. Emails attempting to induce fraudulent wire transfers have been received and have appeared to be legitimate. Reports indicate that some hackers have been able to intercept emailed wire transfer instructions, obtain account information and, by altering some of the data, redirect the funds to a different account. It also appears that some hackers were able to provide false phone numbers for verifying the wiring instructions. In those cases, the buyers called the number provided, to confirm the instructions, and then unwittingly authorized a transfer to somewhere other than escrow. Sellers have also had their sales proceeds taken through similar schemes. ACCORDINGLY, BUYERS AND SELLERS ARE ADVISED: 1. Obtain the phone number of the Escrow Officer at the beginning of the transaction. 2. DO NOT EVER WIRE FUNDS PRIOR TO CALLING YOUR ESCROW OFFICER TO CONFIRM WIRE INSTRUCTIONS. ONLY USE A PHONE NUMBER YOU WERE PROVIDED PREVIOUSLY. Do not use any different phone number included in the emailed wire transfer instructions. 3.Orally confirm the wire transfer instruction is legitimate and confirm the bank routing number, account numbers and other codes before taking steps to transfer the funds. 4. Avoid sending personal information in emails or texts. Provide such information in person or over the telephone directly to the Escrow Officer. 5. Take steps to secure the system you are using with your email account. These steps include creating strong passwords, using secure WiFi, and not using free services. If you believe you have received questionable or suspicious wire instructions, immediately notify your bank, the Escrow Holder and your real estate agent. The sources below, as well as others, can also provide information: Federal Bureau of Investigation: https://www.fbi.gov/ National White Collar Crime Center: http://www.nw3c.org/ On Guard Online: https://www.onguardonline.gov/ By signing below, the undersigned acknowledge that each has read, understands and has received a copy o i Wire Fraud Advisory-, v�.5e s Fe- 5i Buyer 08i25)201713:3es1 Eulises PerezDate 08/25/2017 Buyer sioned bv' Date Seller Seller '-- 729E7A007C88490 Date 9/26/2017 _ Date © 2016, California Association of REALTORS@, Inc. United States copyright law (Title 17 U.S. Code) forbids the unauthorized distribution, display and reproduction of this form, or any 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 PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is made available to real estate professionals through an agreement with or purchase from C.A.R. It is not intended to identify the user as a REALTOR& REALTORO is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORSO who subscribe to its Code of Ethics. Published and Distributed by REAL ESTATE BUSINESS SERVICES, INC. " a subsidiary of the California Association of REAL TORSO 525 South Virgil Avenue, Los Angeles. California 90020 —Reviewed by _^ WFA 6/16 (PAGE 1 OF 1) WIRE FRAUD ADVISORY (WFA PAGE 1 OF 1) CIIL\' Group Inc, 2061 S.:%itanti, Oil Suit, 211 \1unt,1,p Park, C:% 91754 Phone. (626)759.8655 Fax. 2915 E 60th PI N Kevin Ran, Produced with zipFormC by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.ziDLoaix.com DocuSign Envelope ID: 5A48327B-C8B2-4CFB-9D70-BO1C352AOB97 j `CALIF0RNIA =� ASSOC I AT ION EXTENSION OF TIME ADDENDUM O F R F. A L'L O R S (C.A.R. Form ETA, Revised 4106) The following terms and conditions are hereby incorporated in and made a part of the: C California Residential Purchase Agreement, ❑ Manufactured Home Purchase Agreement, J Probate Purchase Agreement, Residential Income Property Purchase Agreement, j] Vacant Land Purchase Agreement, ❑ Commercial Property Purchase Agreement, ❑ Business Purchase Agreement, ❑ other _ dated ("Buyer") and is referred to as ("Seller"). , on property known as Perez ("Agreement'), 2915 E 60th PI #S, Huntington Park, CA 90255 ("Property"), in which is referred to as 1. EXTENSION OF ESCROW: The scheduled Close Of Escrow is extended to November 17, 2017 (Date). 2. EXTENSION OF CONTINGENCY(IES): The following contingency(ies), if checked, is/are extended to (Date) Fj Buyer Investigation of Property Condition Loan ❑ Other 3. OTHER EXTENSION(S): The time for is/are extended to 4. ADDITIONAL TERMS: Buyer will not incur any per diem fees for extension (Date). By signing below, Buyer and Seller acknowledge that each has read, understands, and received a copy of and agrees to the terms of this Extension of Time Addendum. Buyer Eyfses Perez ✓ 11/02/2017 12:16:01 Date 1110212017 Eulises Perez Buyer DocuSigned by: Seller 729E1A007C804 Seller Date Date 11/3/2017 Date The copyright laws of the United States (Title 17 U.S. Code) forbid the unauthorized reproduction of this forth, or any portion thereof. by photocopy machine or any other means. including facsimile or computerized formats. Copyright © 2004-2006, CALIFORNIA ASSOCIATION OF REALTORS& INC. ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORSC (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 form is available for use by the entire real estate industry. It is not intended to identify the user as a REALTOR(A) REALTOR�& is a registered collective membership mark which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS@ who subscribe to its Code of Ethics. Published and Distributed by: REAL ESTATE BUSINESS SERVICES, INC. " a subsidiary of the California Association of REAL TORSO 525 South Virgil Avenue, Los Angeles. California 90020 l Reviewed by Date ETA REVISED 4106 (PAGE 1 OF 1) `,'w"'°„"° EXTENSION OF TIME ADDENDUM (ETA PAGE 1 OF 1) CHLV Group Inc. 2063 S. Atlantic Bhd Suite 21f Mn 1—*, Park, CA 91754 Phone. (626I7c9•#6>5 Fax. 2915 F 60th PI # S. Kccin %%an;; Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www zioLogix corn DocuSign Envelope ID 1B7E45C9-7C96-419D-8720-EOD3F7689645 12631 E Imperial Highway /° , _' Building "A", Suite "215" 01Ie(C/16 �� Santa Fe Springs, CA 90670 Tel: 949-954-6571 Escrow Servi e, Inc. Fax: 949-954-6575 AMENDED ESCROW INSTRUCTIONS Date: November 6, 2017 Escrow No. 5044-LA Re: 2915 East 60th Place #S, Huntington Park, CA 90255 To: Concierge Escrow Service, Inc. - Lett), Ascencio 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: Eulises A Perez, 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, if applicable. Buyer and Seller herein agree and instruct Escrow Holder that the closing of this escrow is hereby amended to be on or before the following date: November 17, 2017 Buyer will not incur any per diem fees for extension. 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 same. All parties signing this instruction acknowledge receipt of a copy of same. END OF AMENDMENT SELLER: City of Vernon DocuSigned by: , By: Carlos MW-1b-rDtbandmed Signer BUYER Eul es A Dr.rez DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 j 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Escrow Service, Inc. Fax: 949-954-6575 SUPPLEMENTAL INSTRUCTIONS & GENERAL PROVISIONS TO. Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow Officer: Letty Aseencio Escrow Number: 5044-LA CONCIERGE ESCROW SERVICE, INC. IS LICENSED AS AN ESCROW AGENT BY THE DEPARTMENT OF BUSINESS OVERSIGHT OF THE STATE OF CALIFORNIA, LICENSE # 96DBO72260. TERMS OF TRANSACTION Buyer has or will deposit with Escrow Buyer will deposit prior to close of Escrow Buyer to Obtain a New 1" Trust Deed in the amount of TOTAL CONSIDERATION LEGAL DESCRIPTION See Exhibit "A" attached hereto and made part hereof. 5,000.00 5,000.00 315,000.00 PROPERTY ADDRESS: 2915 East 60th Place #S Huntington Park, CA 90255 TITLE ON GRANT DEED SHALL BE CONVEYED TO: Eulises A Perez, a single man INSTRUCTIONS/COUNTERS/SUPPLEMENTS/ADDENDUMS: Escrow Holders responsibility is limited to the items listed in Paragraph 20 of the Residential Purchase Agreement and Joint Escrow Instructions dated August 25, 2017 AND ALSO the items listed hereinbelow on the following documents: Addendum No. 1. Of the Purchase Agreement Paragraph(s) 1-D of the seller counteroffer No. 1. Addendum No. 1. Of the Seller Counter Offer To the extent these instructions are inconsistent or conflict with the Residential Purchase Agreement and Joint Escrow Instructions, these instructions will control as to the duties and obligations of Escrow Holder only. DEPOSIT RECEIPT: The Deposit Receipt dated September 25, 2017 is hereby acknowledged to be made a pats of this agreement and the Buyer and Seller agree to be bound by the terms and conditions contained thereon. DEPOSIT OF CLOSING FUNDS: Pursuant to Federal Regulations and the California Insurance Code, all funds deposited for close of escrow by parties hereto MUST be in one of the following forms: 1) Direct electronic "wire" transfer into escrow trust account for amounts of $1,000.00 or more (please contact Escrow Holder for wiring instructions). Bank charges for wire transfers shall be paid by the party for whose benefit the wire transfer is made. FUNDING THE NEW LOAN: If lender issues loan funds other than by wire transfer, they may not be immediately available for distribution. This may result in a delay in the close of escrow unless all parties hereto sign a written authorization for the title company instructing that this escrow be closed and disbursement of funds withheld until they become available. All parties herein release and hold harmless Escrow Holder and Title Company from any and all liability and or responsibility as it relates to any additional interest, costs and or penalties which may be incurred as a result of same. ADDITIONAL TERMS, CONDITIONS AND INSTRUCTIONS: BUYERS INITIALS Page l SELLERS INITIAL E DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Concierge Escrow Service, Inc. Date October 24, 2017 Escrow No.: 5044-LA A) RESTATED ITEAIS: The following items are restated for clarification purposes only: The following is restated from the California Residential Purchase Agreement and Joint Escrow Instructions dated August 25, 2017: NATURAL HAZARD DISCLOSURE REPORT: Buyer to be provided a natural hazard disclosure report for the benefit of the Buyer. Sole responsibility is to debit the respective party at the close, per billing submitted herein. The invoice for the same shall be paid from funds due the seller. ENVIRONMENTAL HAZARD DISCLOSURE REPORT: Buyer to be provided a environmental hazard disclosure report for the benefit of the Buyer. Sole responsibility is to debit the respective party at the close, per billing submitted herein. The invoice for the same shall be paid from funds due the seller. STRUCTURAL PEST CONTROL REPORT AND CLEARANCE: Seller hereby agrees to furnish a structural pest control report and clearance on the subject property, issued by a licensed pest inspector, showing no visible evidence or signs of dry rot, fungi, or termite infestation in accessible areas. Section 1, as referred to in the Purchase Agreement shall be paid by Seller, Section 2 shall be at the expense of Buyer. Parties are advised to refer to the Real Estate Purchase Agreement for full particulars thereof. It is understood that escrow is not to be responsible for ordering said report nor for the contents of said report, nor for the accuracy of any work, or the cost thereof, to be done in connection therewith. HUNTINGTON PARK CITY REPORT: Seller to provide Buyer with Huntington Park Pre -Sale Inspection Report at a cost of $165.00. Seller agrees to complete form and deliver original applications to the city of Huntington Park, prior to close of escrow and further to obtain "Certificate" prior to close of escrow. Escrow Holder to deliver Huntington Park Pre -Sale Report and copy of "Certificate" to Buyer at close of escrow. HOME PROTECTION PLAN: Buyer to be provided a one (1) year Home Protection Plan from Old Republic Home Protection for the benefit of the Buyer. Escrow Holder is NOT responsible for ordering the plan, nor for the contents thereof during or after the close of escrow. Your sole responsibility is to debit the respective party at close, per billing submitted herein, and hand the plan to Buyer at close. The invoice for same shall not exceed S500.00 and shall be paid from funds due the seller. HOMEOWNERS ASSOCIATION AND/OR CLUB DUES: Buyer has been made aware that there are homeowner's association and/or club dues affecting subject property that are mandatory and will be prorated at closing. Seller agrees to keep all dues current during escrow. Seller is to furnish escrow holder with all pertinent information regarding the above dues, and escrow holder shall verify same prior to closing. Buyer agrees to deposit the reserve fees, if any, prior to close, which you are to transfer from seller to buyer and debit/credit parties accordingly; debit buyer/seller one half each for any move in/move out fees, debit seller at closing for any payments and/or monies due; debit buyer and pay at closing for the following month's dues. The transfer fee is to be paid by the seller at close of escrow. If applicable PERSONAL PROPERTY: The following items of personal property, free of liens and without warranty of condition are included in the purchase price and shall convey to Buyer at closing: all stoves, dishwasher and rangehood. Parties acknowledge that no monetary value is given to said items in regard to the purchase price. PER DIEM: If extension is granted beyond October 26, 2017, Buyer agrees to credit Seller $75 per day for every day past day 30 until the close of escrow, unless delay is caused by Seller. HOLD HARMLESS: Seller further agrees to indemnify, defend and hold Broker harmless from all claims , disputes, litigation, judgments, attorney fees and costs arising from any incorrect information supplied by Seller as a result of gross negligence or willful misconduct only, or from any material facts that Seller knows but fails to disclose. TRANSACTION COORDINATOR: Sole responsibility is to debit respective party at the close, per billing submitted herein. The invoice for the same shall be paid from funds due the Seller not to exceed $275.00. BUYERS INITIALS Page 2 DS SELLERS INITIALS GF DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Concierge Escrow Service, Inc. Date. October 24, 2017 Escrow No.: 5044-LA B) CHANGES, SUPPLEMENTS AND/OR ADDITIONS: FURTHER, NOTWITHSTANDING ANY PROVISIONS CONTAINED TO THE CONTRARY IN THF. REAL ESTATE PURCHASE CONTRACT ,AND ANY COUNTER OFFERS, ADDENDUMS OR SUPPLEMENTS THERETO, the following provisions are changed, supplemented and or added: ARCHIVE ADAIINSTRATION FEE: Parties hereto are aware that Escrow Holder. is charging a mandatory archive administration fee which is utilized to store the entire escrow file for the 5 years tern as mandated by the Department of Oversight. BUYER/SELLER CLOSING COST: Seller herein agrees to pay the following fees and charges through escrow including but not limited to recording fees, notary fees, wire transfer fees. Owner's Policy of title insurance, escrow fees, documents preparation fees, County City transfer tax, Federal Express and/or delivery fees, courier fees, fax fees, commissions, property disclosure reports and any and all additional fees and/or charges as may be a result of this transaction and obtaining the necessary documentation to complete same. All parties herein are aware that the Seller may or may not be paying and escrow fee that is less than our customary fee t the close of escrow. Buyer herein agrees to pay the following fees and charges through escrow, including but not limited to recording fees, notary fees, lenders ALTA Policy of title insurance, lenders fees as required, Federal Express and/or delivery fees, courier fees, wire transfer fees, escrow fees, documents preparation fee and any and all additional fees and/or charges as may be a result of this transaction and obtaining the necessary documentation to complete same. All parties herein are aware that the seller may or may not be paying and escrow fee that is less than our customary fee at the close of escrow. NOTARY FEE DISCLOSURE: The principal(s) herein have the option of paying their notary, notary signup and/or notary travel fees at the time service is provided or to pay said billing through escrow, with cost of same being charged to principal(s) for disbursement at close of escrow. Principal(s) herein understand that all billings submitted to escrow for notarial services must be approved in writing. PLEASE DISCUSS FEES AND BILLING WITH YOUR NOTARIAL PROVIDED AT TIME OF SERVICE. Please be advised that the fees charged by a notary by law are $15.00 per signature, and additional fees may be incurred for travel, signup, accommodation, after normal -business -hour appointments and/or if signed outside of escrow. Loan documentation sighed in escrow with Escrow Holder., during normal business hours, will be charged $125.00. ESCROW FEES: Buyer and Seller, each agree to pay one-half of all Escrow fees which may be incurred. ESCROW CANCELLATION FEE: Buyer(s) is aware that in the event this escrow is cancelled, Buyer(s) shall pay a cancellation fee of $500.00 to Escrow Holder. Said cancellation fee to be deducted from funds on deposit upon written and/or verbal notice of cancellation by Lender or Buyer(s). Seller(s) is aware that in the event this escrow is cancelled, Seller(s) shall pay a cancellation fee of $500.00 to Escrow Holder. Said cancellation fee to be deposited upon written and/or verbal notice of cancellation by Seller(s). THIRD PARTY INSTRUCTIONS: Robert Reza, Lender, New American Funding„ has been authorized to communicate with escrow holder and to give instructions as to form and content on behalf of the undersigned buyer regarding the sale of the above mentioned property, pick up and deliver any and all documentation as may be required through the course of this transaction, including but not limited to principal's final closing pages and funds, unless written instructions to the contrary are received in escrow from the principals herein. THIRD PARTY INSTRUCTIONS: Priscilla Garcia, Transaction Coordinator, Century 21 Allstars, has been authorized to communicate with escrow holder and to give instructions as to form and content on behalf of the undersigned seller regarding the sale of the above mentioned property, pick up and deliver any and all documentation as may be required through the course of this transaction, including but not limited to principal's final closing pages and funds, unless written instructions to the contrary are received in escrow from the principals herein. THIRD PARTY INSTRUCTIONS: Anthony Torres, Admin Assistant, Century 21 Allstars, has been authorized to communicate with escrow holder and to give instructions as to form and content on behalf of the undersigned seller regarding the sale of the above mentioned property, pick up and deliver any and all documentation as may be required through the course of this transaction, including but not limited to principal's final closing pages and funds, unless written instructions to the contrary are received in escrow from the principals herein. E) TIME PERIODS: THE FOLLOWING DATES ARE SET FORTH HEREIN FOR THE SOLE PURPOSE OF EXPRESSING AS AN ACTUAL DATE THE NUMBER OF DAYS IN WHICH A CONTINGENCY MUST BE APPROVED AND OR BUYERS INITIALS Page 3 DS SELLERS INITIAL CF DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA DISAPPROVED, OR AN ITEM PROVIDED. ESCROW HOLDER IS NOT RESPONSIBLE OR LIABLE FOR THE PERFORMANCE OF SAME IN ANY MANNER. DATE/CONTINGENCY/ITEM CONTRACT PARAGRAPH # DATE, CLOSE OF ESCROW: 1 D October 26, 2017 BUYER'S INITIAL DEPOSIT: 3A $5,000.00 APPROVAL OF PRELIMINARY TITLE REPORT: 13A October 9, 2017 F:) TAX WITHHOLDING: 1) Under the Foreign Investment in Real Property Tax Act (FIRPTA), IRC Section 1445, every Buyer must, unless an exemption applies, deduct and withhold up to fifteen percent (15%) of the gross sales price front Seller's proceeds and send it to the Internal Revenue Service, if the Seller is a "foreign person" under that statute. 2) In addition, tinder California Revenue and Taxation Code Section 18662, every Buyer must, unless an exemption applies, deduct and withhold 3 1 3°o of the gross sales price from Seller's proceeds and send it to the Franchise Tax Board (FTB): If the subject property is not Seller's principal residence, or if the Seller is a corporation with no permanent place of business in Califomia. 3) Penalties may be imposed on a responsible party for non-compliance with the requirements of these statutes and related regulations. Seller and Buyer agree to execute and deliver any instrument, affidavit, statement, or instruction reasonably necessary to carry out these requirements, and to withholding of tax under those statutes if required. (SELLER'S AFFIDAVIT OF NON -FOREIGN STATUS AND OR CALIFORNIA RESIDENCY (C.A.R Form AS-14), OR BUYER'S AFFIDAVIT (C.A.R. Form AB -I 1), IF APPLICABLE, SHALL SATISFY THESE REQUIREMENTS.) 4. PARTIES ARE ADVISED TO SEEK TAX AND LEGAL COUNSEL REGARDING THE APPLICABILITY AND EFFECT OF THESE TAX WITHHOLDING REQUIREMENTS WITH RESPECT TO THIS TRANSACTION. G) FACSIMILE SIGNATURES: In the event any party utilizes "Facsimile" transmitted signed instructions to Escrow Holder, you are to rely on 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 disbursement of funds from escrow prior to close of escrow requires original, NOTARIZED signatures. Parties herein are 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. H) SPECIAL RECORDING NOTICE: In the event the documents in this escrow are recorded as a "SPECIAL RECORDING", i.e. subsequent to 8:00 a.m., Buyer and Seller are aware and approve that funds may not or will not be available for disbursement for the payment of liens, proceeds or commissions until the following business day, and that no interest will be earned on such funds. Escrow Holder, Broker(s) and their Agent(s) are hereby indemnified, held harmless and released from any and all liability and/or responsibility for recording the documents as a "SPECIAL RECORDING" and for any additional interest/penalties to be paid to lender(s) and/or other hardships that may be suffered by any party as a result of said "SPECIAL RECORDING." FUNDS HELD AT CLOSE OF ESCROW: 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 are instructed to, and without further instructions, withhold an escrow fee of $50.00 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. PROBATIONS: All prorations, including but not limited to, property tax or HOA dues shall be as of CLOSE OF ESCROW. BUYERS INITIALS Page 4 DS SELLERS INITIA E DocuSign Envelope ID. 1B7E45C9-7C96-419D-8720-EOD3F7689645 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No 5044-LA BY SETTING FORTH HIS/HER FULL AND COMPLETE SIGNATURE HEREINBELOW AND BY INITIALING ALL OTHER PAGES, INCLUDING THE LAST THREE PAGES ENTITLED "GENERAL PROVISIONS", AS INDICATED THEREON, ("EXECUTION") EACH PARTY TO THIS ESCROW ACKNOWLEDGES RECEIPT OF SAME AND AGREES THAT SUCH EXECUTION SHALL BE DEEMED IIIS/HER FULL ACCEPTANCE AND APPROVAL OF, CONCURRENCE IN, AND AGREEMENT TO BE BOUND BY, ALL OF THE TERMS, PROVISIONS, CONDITIONS, CONTINGENCIES, INSTRUCTIONS AND AGREEMENTS CONTAINED HEREIN, IN THEIR ENTIRETY. City of Vernon EDocuSigned by: C,Aoj F.,n.UAO By: Carl 0f*,AWbArized Signer Eulises A Perez ADDITIONAL ESCROW INSTRUCTIONS AND PROVISIONS I . 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: (1) 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 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 instruction 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. 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 -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 shall be deemed a deposit under the meaning of these escrow instructions. Page 5 DocuSign Envelope ID: 1 B7E45C9-7C96-419D-8720-EOD3F7689645 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 be effective only as between tite parties signing the Purchase Agreement. You, as Escrow Holder, are not to be concerned with the terms of any Purchase Agreement and are relieved of all responsibility for the enforcement of its terms. Your only ditty 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 for 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 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 incomplete when executed. 1 I. 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 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. 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 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 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. 18. 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 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. DocuSign Envelope ID 1B7E45C9-7C96-419D-8720-EOD3F7689645 19. The parties agree that you have the responsibilities of an Escrow Holder only and there are no other legal relationships established in the temps and conditions of the escrow instructions. In connection with this escrow: ( i ) 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, firm or corporation to any party to this escrow, you shall do so without incurring any liability to any parry. 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 title. The Change of Ownership form shall be furnished to Buyer by you for Buyer's completion and execution. Buyer is aware that if Buyer does not complete the fonrn 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, 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 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. 22. ALI. NOTICES, DEMANDS AND INSTRUCTIONS MUST BE rN 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 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 tax consequences of the within escrow transaction. DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA _3. 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 patties, 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 fee of $50.00 per month from tile 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 from a court of competent jurisdiction. If the conditions of this escrow have not been complied with at tlhe 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 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 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 orjudgment of a court of competent jurisdiction with accompanying writs of execution, levies or gamislhments, 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. It is understood that if Escrow Holder is to attend to any Court(s) a reasonable fee is to be rendered to Escrow Holder PRIOR to any disbursement made. 25, If any check submitted to you is dishonored upon presentment for payment, you are authorized to notify all parties to tlhe 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 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 (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 parties. 29. HOLD HARMLESS CLAUSE: The parties hereto have been advised to seek legal counsel of their choice regarding the terms and conditions of this transaction and, therefore, indemnify and hold Escrow Holder harmless from any litigation, claims or acts which may arise directly or indirectly by reason of this escrow. BUYERS INITIALS Page 8 DS SELLERS WI"DIAL' CF DocuSign Envelope ID 167E45C9-7C96-419D-8720-EOD3F7689645 Concierge Escrow Service, Inc. BUYERS INITIALS Page 9 Ds SELLERS INITIALS LC Date: October 24, 2017 Escrow No.: 5044-LA DocuSign Envelope ID'. 167E45C9-7C96-419D-8720-EOD3F7689645 Escrow Serve e, Inc. PRIVACY ACT NOTICE Escrow Number: 5044-LA Escrow Officer: Leth, Ascencio 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Date: October 27, 2017 Concierge Escrow Service, Inc., has prepared this Privacy Act Notice to comply with the Gramm -Leach -Bliley Act, Public Law 106-102 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 former clients. 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 escroN% 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, e-mail, facsimile transmission. 2. Categories of 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, attorneys, bookkeepers, and accountants, federal state or local tax or governmental authorities, real estate sales agents and 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 access to our personal and escrow file information to those employees who need to know 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 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. I have read and received a copy of this Privacy Act Notice as of the date below. 11/7/2017 Date: City of Ver Docu Signed by: By Carlos Fan WM Tfi *15%d Signer DocuSign Envelope ID 1B7E45C9-7C96-419D-8720-EOD3F7689645 NOTICE OF CALIFORNIA WITHHOLDING & REPORTING Property: 2915 East 60th Place #S. Huntington Park, CA 90255 Escrow No.: 5044-LA Under California law (Rev & Tax Code § 18662), a buyer may be required to withhold and deliver to the Franchise Tax Board (FTB) an amount equal to 3.33°b 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 Califomia immediately after the transfer of title to the Real Property. Buyer may be subject to a penalty (equal to the greater of 10%' 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 S 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: 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 § 1033) 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 Califomia 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 SUBJECT TO PENALTIES FOR KNOWINGLY FILING A FRAUDULENT CERTIFICATE FOR THE PURPOSE OF AVOIDING THE %VITHHOLDING 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"). Contact FTB: For additional information regarding Califomia withholding or for the Allernative Withholding, contact the Franchise Tax Board at (toll free) 888-792-4900, by e-mail nrws!iftb.ca.aov or visit their website at www.ftb.ca.gov. For tax advice, please consult your own legal advisor or tax professional. SELLER: City of Vernon DocuSignneed by: 1 Cw�j f wAA;AO C,aitl%Fanditw. Authorized Signer _ BUYER: Eulises A Perez DocuSign Envelope ID: 1 B7E45C9-7C96-419D-8720-EOD3F7689645 ` 12631 E Imperial Highway �_ /. Building "A", Suite "215" l f I �l �> Santa Fe Springs, CA 90670 Tel: 949-954-6571 Escrow Serv'r. e, Inc. Fax: 949-954-6575 Escrow No.:5044-LA Date: November 6. 2017 NOTICE TO ALL BUYERS AND SELLERS OF REAL ESTATE The Foreign Investment in Real Property Tax Act (FIRPTA) BUYER'S RESPONSIBTLITV TO WITHHOLD: Section 1445 of the Internal Revenue Code requires all Buyers who purchase real property in the United States from foreign Sellers to withhold either ten percent (10'11 or fifteen percent (150o) of the total purchase price and to pay that amount to the Internal Revenue Service (IRS) within twenty (20) days of the date escrow closes unless an exemption from withholding applies. IF BUYER FAILS TO WITH1OLD AND TIMELY PAY THE IRS THE CORRECT WITHHOLDING AMOUNT ON A NON-EXEMPT SALE, BUYER WILL BE LIABLE TO THE IRS FOR THE AMOUNT OF THE TAX OWED AND ALL APPLICABLE PENALTIES AND INTEREST. If two or more persons are joint Buyers, each is obligated to withhold. However, the obligation of each will be met if one of the joint Buyers withholds and transmits the required amount to the IRS. WHO IS A FOREIGN SELLER? In general, a foreign person is a non-resident alien individual, foreign corporation, foreign trust or foreign estate, but not a resident alien individual. BUYERS: Buyer will not be required to withhold under FIRPTA if Buyer obtains from Seller, a certification of non -foreign status pursuant to the IRS regulations, unless Buyer has knowledge that the Seller's certification is false. This certification must (I) state that Seller is not a foreign person; (2) set forth Seller's name, taxpayer identifying number and address; and (3) be signed by Seller under penalties of perjury. Buyer must retain this certification until the end of the fifth taxable year following the taxable year in which the sale takes place and to make the certification available to the IRS when requested. QUALIFIED SUBSTITUTE: Seller may furnish the Non -Foreign Affidavit to a "Qualified Substitute" instead of the buyer provided that the Qualified Substitute furnishes a statement to the buyer stating, under penalty of perjury, that the Qualified Substitute is in possession of the Non -Foreign Affidavit. A Qualified Substitute is defined as: (1) the person (including any attorney or title company) responsible for closing the transaction, other than the seller's agent, and (2) the buyer's agent. (See IRC § 1445(f)(6)). 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 a foreign Seller acts promptly, such Seller may be able to have the IRS: (1) issue a withholding certificate that either reduces or eliminates the withholding requirements for the transfer of Seller's property; (2) make an early refund to Seller of the amount withheld; or (3) establish that no gain is recognized under pertinent provisions of the Internal Revenue Code or the provisions of any United States treaty. If one or more foreign persons and one or more U.S. persons jointly transfer a U.S. real property interest, the amount realized from the transfer trust be allocated among the transferors based on their capital contribution to the property. For this purpose, a husband and wife are treated as having contributed 50% each unless it is specifically indicated otherwise. EXEMPTIONS: Below are some examples of when the IRS would generally not require withholding under FIRPTA. I. Buyer is purchasing the property for Buyer's use as a residence for a certain period of time and the total amount paid for the property is $300,000.00 or less. 2. Either Buyer or Seller applies for and obtains a withholding certificate from the IRS that specifies: (1) Seller is exempt from paying taxes on the gain; or (2) SelIer has entered into an agreement with the IRS to pay the tax owed. 3. Gain on the sale is not recognized under certain provisions of the Internal Revenue Code or the provisions of any United States treaty. BUYERS AND SELLERS ARE ADVISED TO SEEK THE ADVICE OF AN ATTORNEY OR TAX PROFESSIONAL REGARDING WHETHER ANY GAIN IS RECOGNIZED UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND THE PROCEDURES THAT MUST BE FOLLOWED IF THE BUYER DOES NOT WITHHOLD BASED ON THE FACT THAT NO GAIN IS RECOGNIZED. Neither Century 21 Allstars or CHLV Group nor its 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 of a copy of this Notice is hereby acknowledged. Date: 11/7/2017 Eulises A Perez City of Vernon FC DocuSignea by:1 '. r6j F. AAO By 44g7l wtdwuboAuthorized Signer DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Escrow Servi /e, Inc. City of Vernon 4305 Santa Fe Avenue Vernon, CA, 90058 Property: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax:949-954-6575 Date: November 6, 2017 Escrow No.: 5044-LA * * * 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 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 Act. Any failure to complete this form fully and promptly return to escrow may result in delaying the close of your escrow. PLEASE NOTE: IF TAXPAYERS ARE HUSBAND AND WIFE FILING A JOINT 1040 TAX RETURN INSERT 100% IN ITEM 1C BELOW. A VALID TRUST ESTATE OR PARTNERSHIP ENTITY MUST DESIGNATE THEIR TIN/FEIN NUMBER IN ITEM 1B BELOW .... IF A SOCIAL SECURITY NUMBER IS USED WE WILL HAVE TO REPORT TAXPAYER AS AN INDIVIDUAL AT CLOSING FOR THE PURPOSE OF THIS IRS REPORTING REQUIREMENT ONLY. 1.Taxpayer Name Line 1: City of Vernon Ib. Social Security:TIN/FEIN #: 95-6000808 2. Taxpayer Name Line 2: 2b. Social Security/TIN/FEIN #: lc. % of Ownership: 100 2c. °. of Ownership: 3. Forwarding Street Address: 4305 Santa Fe Ave. 4. City, State, Zip: Vernon, CA 90058 5. Contract Sales Price: $ _ 6. Is this an Exchange? Yes No W 7. Taxpayer Type: ❑ Individual ❑ Trust ❑ Estate ❑ Partnership Other NOTE The information on this form is being gfurnished to the Internal Revenue Service Under penalty of perjury, I/We certify that the taxpayer I.D. number shown on this form is my/our correct Social Security or Federal Employer Identification Number. I/We understand that I/We am/are required by law to provide my`our correct taxpayer identification number and I/We may be subject to civil or criminal penalties if I/We provide incorrect information. Date 11/7/2017 Date City of Vernon B :D—Signed by: �C4�1�gAf��R, Authorized Signer DocuSign Envelope ID 1B7E45C9.7C95-419D-8720-EOD3F7689645 TAXABLE YEAR M CALIFORNIA FORM 2017 Real Estate Withholding Certificate 593-C Part I — SellerrTransferor Information Return this form to your escrow company. Name SSN or ITIN City of Vernon Spouse's/RDP's name (if jointly owned) Spouse's/ROP's SSN or ITIN (If jointly owned) Address (apt./sle., room, PO box, or PMB no.) FEIN ❑ CA Corp no. ❑ CA SOS file no. 4305 Santa Fe Avenue 95-6000808 City (If you have a foreign address, see instructions,) State Zip Code Ownership percentage Vernon CA 90058 100 % Property address (if no street address, provide parcel number and county) 2915 East 60th Place #S, Huntington Park, CA 90255 o ceniry tnar you quarry for a rmr or peruai vmmnoremg exemption, cnecx au oozes mat apply to the property osmg seta or transterrea. (see instructions) Part 11— Certifications which fully exempt the sale from withholding: 1, ❑ The property qualifies as the seller's/transferor's (or decedent's, If sold by the decedent's estate or trust) principal residence within the meaning of Internal Revenue Code (IRC) Section 121. 2. ❑ The seller/transferor (or decedent, if sold by the decedent's estate or trust) last used the property as the seller's/ transferor's (decedent's) principal residence wilhin the meaning of IRC Section 121 without regard to the two-year time period. 3. ❑ The seller/transferor has a loss or zero gain for California income tax purposes on this sale. To check this box you must complete Form 593-E, Real Estate Withholding-Compufalion of Estimated Gain or Loss, and have a loss or zero gain on line 16. 4. ❑ The property is being compulsorily or Involuntarily converted and the seller/transferor Intends to acquire property that Is similar or related in service or use to quality for nonrecognition of gain for California Income lax purposes under IRC Section 1033. 5. ❑ The transfer qualifies for nonrecognition treatment under IRC Section 351 (transfer to a corporation controlled by the Iransferor) or IRC Section 721 (contribution to a partnership in exchange for a partnership interest). 6. ❑ The sellerllransferor is a corporation (or a limited liability company (LLC) classified as a corporation for federal and California Income tax purposes) that is either qualified through the California Secretary of State (SOS) or has a permanent place of business In California. 7. ❑ The seller/transferor is a California partnership or a partnership qualified to do business In California (or an LLC that is classified as a partnership for federal and California Income lax purposes and is not a single member LLC that is disregarded for federal and California Income tax purposes). 8. The sellerltransferor is a tax-exempt entity under Callfomta or federal law, 9. The seller/transferor is an insurance company, Individual retirement account, qualified pension/profit sharing plan, or charitable remainder trust. Part III — Certifications that may Partially or fully exempt the sale from withholding: Real Estate Escrow Person (REEP): See instructions for amounts to withhold. 10. ❑ The transfer qualifies as a simultaneous like -kind exchange within the meaning of IRC Section 1031. 11. ❑ The transfer qualifies as a deferred like -kind exchange within the meaning of IRC Section 1031. 12. ❑ The transfer of this property is an installment sale where the buyer/transferee is required to withhold on the principal portion of each installment payment. Copies of Form 593-I, Real Estate Withholding Installment Sale Acknowledgement, and the promissory note are attached. aeuen r ransreroi To learn about your privacy rights, how we may use your information, and the consequences for not providing the requested information, go to ftb.ca.gov and search for privacy notice. To request this notice by mail, call 800,852.5711. Under penalties of perjury. I declare that I have examined the information on this form, Including accompanying schedules and statements, and to the best of my knowledge and belief, it Is true, correct, and complete. I further declare under penalties of perjury that if the facts upon which this form are based change, I will promptly notify the REEP, oocuSigned by, Seller's/Transfemr's Name and Title City of Vernon- Seller'srrransferor Signatur�_a,y F7 .1ra Date 1/7/2017 Spouse's/RDP's Name Administrator Spouse's/RDP's Signature 729E7Ao07c8e490 Date Sellerf If you checked any box in Part II, you are exempt from real estate withholding. Transferor If you checked any box in Part Ili, you may qualify for a partial or complete withholding exemption. Except as to an installment sale, if the seller/transferor did not check any box In Part II or Part Ili of Form 593-C, the withholding will be 3 1/3% (.0333) of the total sales price or the optional gain on sale withholding amount from line 5 of the certified Forth 593, Real Estate Withholding Tax Statement. if the seller/transreror does not return the completed Form 593 and Forth 593-C by the close of escrow, the withholding will be 3 113% of the total sales price, unless the type of transaction is an installment sale If the transaction is an Installment sale the withholding will be 3 1/3% (.0333) of the first installment payment. If you are vdthheld upon, the REEP should give you one copy of Forth 593. Attach a copy to the lower front of your California income tax return and make a copy for your records. t� I 7131173 I Form 593-C C2 2016'� DocuSign Envelope ID: 1B7E45C9-7C96-4190-8720-EOD3F7689645 12631 E Imperial Highway Building "A", Suite "215" (9 Santa Fe Springs, CA 90670 Tel: 949-954-6571 Escrow Servi e, Inc. Fax: 949-954-6575 TO: Concierge Escrow Service, Inc. Date: November 6, 2017 Escrow No.: 5044-LA SELLER'S AFFIDAVIT OF NONFOREIGN STATUS Section 1445 of the Intemal 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: 2915 East 60th Place #S, Huntington Park, CA 90255 by City of Vernon I hereby certify to the following (if an entity transferor, on behalf of 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) is. 3. My home address is: CORPORATION, PARTNERSHIP, TRUST OR ESTATE TRANSFEROR(S): yc'Y n V I (name of transferor) is not a for ign corporation, foreign partnership, foreign trust, or foreign estate (as those terms are defined in the Internal Revenue Code and Income Tax Regulations); C( OJ ) ✓ nL n _ _ ^, (name of transferor) U.S. emr)lovei identi>cation number is 3. City of Vernon (name of transferor) office address is 4305 Santa Fe Ave. Vernon, CA 90058 City of Vernon, (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 Isere (or, for entity transferor, contained herein) could be punished by fine, imprisonment, or both. Under penalties of perjury I declare that I have examined this certification and to the best 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 of Vernon (name of transferor). DocuSiyneA by: Date: 11/7/2017 Fc—ki F�A-Wo T *A@fA ire 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 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 a61sor, or to the Internal Revenue Service. DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Escrow v�` / Ser �e, Inc. RE: Escrow No.: 5044-LA Property: 2915 East 60th Place #S, Huntington Park, CA 90255 INFORMATION REQUEST 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax:949-954-6575 Date: November 6, 2017 Officer: Lett), Ascencio In order for us to obtain statements of account from your existing lender(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 authorization in writing from you before a lender can release any payoff information to an Escrow Holder. A delay in returning this signed and completed form could delay the close of this escrow. FIRST TRUST DEED Lender Name Address Loan Number Free and Clear 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 sent to you after close of escrow. 4305 Santa Fe Ave. Vernon, CA 90058 Effective Date: 11/7/2017 SELLER Cit of Vernon DocuSigned by: rc"s 17 4 Ao _ ;soEdi�p, Authorized Signcr Stream Line - Loan Information Shect Nownibcr 6, 2017 Escrow Service, Inc. 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 SUPPLEMENTAL INSTRUCTIONS & GENERAL PROVISIONS TO: Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow Officer: Letts Ascencio Escrow Number: 5044-LA CONCIERGE ESCROW SERVICE, INC. 1S LICENSED AS AN ESCROW AGENT Bl' THE DEPARTMENT OF BUSINESS OVERSIGHT OF THE STATE OF CALIFORNIA, LICENSE # 96DBO72260. TERMS OF TRANSACTION Buyer has or will deposit with Escrow $ 5,000.00 Buyer will deposit prior to close of Escrow $ 5,000.00 Buyer to Obtain a New I' Trust Deed in the amount of $ 315,000.00 TOTAL CONSIDERATION LEGAL DESCRIPTION: See Exhibit "A" attached hereto and made part hereof. PROPERTY ADDRESS: 2915 East 60th Place #S Huntington Park, CA 90255 TITLE ON GRANT DEED SHALL BE CONVEYED TO: Eulises A Perez, a single man INSTRUCTIONS/COUNTERS/SUPPLEMENTS/ADDENDUMS: Escrow Holders responsibility is limited to the items listed in Paragraph 20 of the Residential Purchase Agreement and Joint Escrow Instructions dated August 25, 2017 AND ,ALSO the items listed hereinbelow on the followins documents: Addendum No. 1. Of the Purchase Agreement Paragraph(s) 1-D of the seller counter offer No. 1. Addendum No. 1. Of the Seller Counter Offer To the extent these instructions are inconsistent or conflict with the Residential Purchase Agreement and Joint Escrow Instructions, these instructions will control as to the duties and obligations of Escrow Holder only. DEPOSIT RECEIPT: The Deposit Receipt dated September 25, 2017 is hereby acknowledged to be made a part of this agreement and the Buyer and Seller agree to be bound by the terms and conditions contained thereon. DEPOSIT OF CLOSING FUNDS: Pursuant to Federal Regulations and the California Insurance Code, all funds deposited for close of escrow by parties hereto MUST be in one of the following forms: 1) Direct electronic "wire" transfer into escrow trust account for amounts of $1,000.00 or more (please contact Escrow Holder for wiring instructions). Bank charges for wire transfers shall be paid by the party for whose benefit the wire transfer is made. FUNDING THE NEW LOAN: If lender issues loan funds other than by wire transfer, they may not be immediately available for distribution. This may result in a delay in the close of escrow unless all parties hereto sign a written authorization for the title company instructing that this escrow be closed and disbursement of funds withheld until they become available. All parties herein release and hold harmless Escrow Holder and Title Company from any and all liability and/or responsibility as it relates to any additional interest, costs and/or penalties which may be incurred as a result of same. ADDITIONAL TERMS, CONDITIONS AND INSTRUCTIONS: BUYERS fMTIALS Page 1 SELLERS INITIALS Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA A) RESTATED ITEMS: The following items are restated for clarification purposes only: The followins is restated from the California Residential Purchase Agreement and Joint Escrow Instructions dated August 25, 2017: NATURAL HAZARD DISCLOSURE REPORT: Buyer to be provided a natural hazard disclosure report for the benefit of the Buyer. Sole responsibility is to debit the respective party at the close, per billing submitted herein. The invoice for the same shall be paid from funds due the seller. ENVIRONMENTAL HAZARD DISCLOSURE REPORT: Buyer to be provided a environmental hazard disclosure report for the benefit of the Buyer. Sole responsibility is to debit the respective party at the close, per billing submitted herein. The invoice for the same shall be paid from funds due the seller. STRUCTURAL PEST CONTROL REPORT AND CLEARANCE: Seller hereby agrees to furnish a structural pest control report and clearance on the subject property, issued by a licensed pest inspector, showing no visible evidence or signs of dry rot, fungi, or termite infestation in accessible areas. Section 1, as referred to in the Purchase Agreement shall be paid by Seller, Section 2 shall be at the expense of Buyer. Parties are advised to refer to the Real Estate Purchase Agreement for full particulars thereof. It is understood that escrow is not to be responsible for ordering said report nor for the contents of said report, nor for the accuracy of any work, or the cost thereof, to be done in connection therewith. HUNTINGTON PARK CITY REPORT: Seller to provide Buyer with Huntington Park Pre -Sale Inspection Report at a cost of $165.00. Seller agrees to complete form and deliver original applications to the city of Huntington Park, prior to close of escrow and further to obtain "Certificate" prior to close of escrow. Escrow Holder to deliver Huntington Park Pre -Sale Report and copy of "Certificate" to Buyer at close of escrow. HOME PROTECTION PLAN: Buyer to be provided a one (1) year Home Protection Plan from Old Republic Home Protection for the benefit of the Buyer. Escrow Holder is NOT responsible for ordering the plan, nor for the contents thereof during or after the close of escrow. Your sole responsibility is to debit the respective party at close, per billing submitted herein, and hand the plan to Buyer at close. The invoice for same shall not exceed $500.00 and shall be paid from funds due the seller. HOMEOWNERS ASSOCIATION AND/OR CLUB DUES: Buyer has been made aware that there are homeowner's association and/or club dues affecting subject property that are mandatory and will be prorated at closing. Seller agrees to keep all dues current during escrow. Seller is to furnish escrow holder with all pertinent information regarding the above dues, and escrow holder shall verify same prior to closing. Buyer agrees to deposit the reserve fees, if any, prior to close, which you are to transfer from seller to buyer and debit/credit parties accordingly; debit buyer/seller one half each for any move in/move out fees, debit seller at closing for any payments and/or monies due; debit buyer and pay at closing for the following month's dues. The transfer fee is to be paid by the seller at close of escrow. If applicable PERSONAL PROPERTY: The following items of personal property, free of liens and without warranty of condition are included in the purchase price and shall convey to Buyer at closing: all stoves, dishwasher and rangehood. Parties acknowledge that no monetary value is given to said items in regard to the purchase price. PER DIEM: if extension is granted beyond October 26, 2017, Buyer agrees to credit Seller $75 per day for every day past day 30 until the close of escrow, unless delay is caused by Seller. HOLD HARMLESS: Seller further agrees to indemnify, defend and hold Broker harmless from all claims, disputes, litigation, judgments, attorney fees and costs arising from any incorrect information supplied by Seller as a result of gross negligence or willful misconduct only, or from any material facts that Seller knows but fails to disclose. TRANSACTION COORDINATOR: Sole responsibility is to debit respective party at the close, per billing submitted herein. The invoice for the same shall be paid from funds due the Seller not to exceed $275.00. BUYERS INITIALS OP SELLERS INITIALS Page 2 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA B) CHANGES, SUPPLEMENTS AND/OR ADDITIONS: FURTHER, NOTWITHSTANDING ANY PROVISIONS CONTAINED TO THE CONTRARY IN THE REAL ESTATE PURCHASE CONTRACT AND ANY COUNTER OFFERS, ADDENDUMS OR SUPPLEMENTS THERETO, the following provisions are changed, supplemented and/or added: ARCHIVE ADMINSTRATION FEE: Parties hereto are aware that Escrow Holder. is charging a mandatory archive administration fee which is utilized to store the entire escrow file for the 5 years term as mandated by the Department of Oversight. BUYER/SELLER CLOSING COST: Seller herein agrees to pay the following fees and charges through escrow including but not limited to recording fees, notary fees, wire transfer fees. Owner's Policy of title insurance, escrow fees, documents preparation fees, County/City transfer tax, Federal Express and/or delivery fees, courier fees, fax fees, commissions, property disclosure reports and any and all additional fees and/or charges as may be a result of this transaction and obtaining the necessary documentation to complete same. All parties herein are aware that the Seller may or may not be paying and escrow fee that is less than our customary fee t the close of escrow. Buyer herein agrees to pay the following fees and charges through escrow, including but not limited to recording fees, notary fees, lenders ALTA Policy of title insurance, lenders fees as required, Federal Express and/or delivery fees, courier fees, wire transfer fees. escrow fees, documents preparation fee and any and all additional fees and/or charges as may be a result of this transaction and obtaining the necessary documentation to complete same. All parties herein are aware that the seller may or may not be paying and escrow fee that is less than our customary fee at the close of escrow. NOTARY FEE DISCLOSURE: The principal(s) herein have the option of paying their notary, notary signup and/or notary travel fees at the time service is provided or to pay said billing through escrow, with cost of same being charged to principal(s) for disbursement at close of escrow. Principal(s) herein understand that all billings submitted to escrow for notarial services must be approved in writing. PLEASE DISCUSS FEES AND BILLING WITH YOUR NOTARIAL PROVIDED AT TIME OF SERVICE. Please be advised that the fees charged by a notary by law are $15.00 per signature, and additional fees may be incurred for travel, signup, accommodation, after normal -business -hour appointments and/or if signed outside of escrow. Loan documentation signed in escrow with Escrow Holder., during normal business hours, will be charged $125.00. ESCROW FEES: Buyer and Seller, each agree to pay one-half of all Escrow fees which may be incurred. ESCROW CANCELLATION FEE: Buyer(s) is aware that in the event this escrow is cancelled, Buyer(s) shall pay a cancellation fee of $500.00 to Escrow Holder. Said cancellation fee to be deducted from funds on deposit upon written and/or verbal notice of cancellation by Lender or Buyer(s). Seller(s) is aware that in the event this escrow is cancelled, Seller(s) shall pay a cancellation fee of $500.00 to Escrow Holder. Said cancellation fee to be deposited upon written and/or verbal notice of cancellation by Seller(s). THIRD PARTY INSTRUCTIONS: Robert Reza, Lender, New American Funding„ has been authorized to communicate with escrow holder and to give instructions as to form and content on behalf of the undersigned buyer regarding the sale of the above mentioned property, pick up and deliver any and all documentation as may be required through the course of this transaction, including but not limited to principal's final closing pages and funds, unless written instructions to the contrary are received in escrow from the principals herein. THIRD PARTY INSTRUCTIONS: Priscilla Garcia, Transaction Coordinator, Century 21 Allstars, has been authorized to communicate with escrow holder and to give instructions as to form and content on behalf of the undersigned seller regarding the sale of the above mentioned property, pick up and deliver any and all documentation as may be required through the course of this transaction, including but not limited to principal's final closing pages and funds, unless written instructions to the contrary are received in escrow from the principals herein. THIRD PARTY INSTRUCTIONS: Anthony Torres, Admin Assistant, Century 21 Allstars, has been authorized to communicate with escrow holder and to give instructions as to form and content on behalf of the undersigned seller regarding the sale of the above mentioned property, pick up and deliver any and all documentation as may be required through the course of this transaction, including but not limited to principal's final closing pages and funds, unless written instructions to the contrary are received in escrow from the principals herein. E) TIME PERIODS: THE FOLLOWING DATES ARE SET FORTH HEREIN FOR THE SOLE PURPOSE OF EXPRESSING AS AN ACTUAL DATE THE NUMBER OF DAYS IN WHICH A CONTINGENCY MUST BE APPROVED AND/OR BUYERS INITIALS EF SELLERS INITIALS Page 3 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA DISAPPROVED, OR AN ITEM PROVIDED. ESCROW HOLDER IS NOT RESPONSIBLE OR LIABLE FOR THE PERFORMANCE OF SAME IN ANY MANNER. DATE/CONTINGENCY/ITEM CONTRACT PARAGRAPH # DATE CLOSE OF ESCROW: I D October 26, 2017 BUYER'S INITIAL DEPOSIT: 3A $5,000.00 APPROVAL OF PRELIMINARY TITLE REPORT: 13A October 9, 2017 F:) TAX WITHHOLDING: 1) Under the Foreign Investment in Real Property Tax Act (FIRPTA), IRC Section 1445, every Buyer must, unless an exemption applies, deduct and withhold up to fifteen percent (15%) of the gross sales price from Seller's proceeds and send it to the Internal Revenue Service, if the Seller is a "foreign person" under that statute. 2) In addition, under California Revenue and Taxation Code Section 18662, every Buyer must, unless an exemption applies, deduct and withhold 3 1/3% of the gross sales price from Seller's proceeds and send it to the Franchise Tax Board (FTB): If the subject property is not Seller's principal residence, or if the Seller is a corporation with no permanent place of business in California. 3) Penalties may be imposed on a responsible party for non-compliance with the requirements of these statutes and related regulations. Seller and Buyer agree to execute and deliver any instrument, affidavit, statement, or instruction reasonably necessary to carry out these requirements, and to withholding of tax under those statutes if required. (SELLER'S AFFIDAVIT OF NON -FOREIGN STATUS AND/OR CALIFORNIA RESIDENCY (C.A.R Form AS-14), OR BUYER'S AFFIDAVIT (C.A.R. Form AB -I]), IF APPLICABLE, SHALL SATISFY THESE REQUIREMENTS.) 4. PARTIES ARE ADVISED TO SEEK TAX AND LEGAL COUNSEL REGARDING THE APPLICABILITY AND EFFECT OF THESE TAX WITHHOLDING REQUIREMENTS WITH RESPECT TO THIS TRANSACTION. G) FACSIMILE SIGNATURES: In the event any party utilizes "Facsimile" transmitted signed instructions to Escrow Holder, you are to rely on 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 disbursement of funds from escrow prior to close of escrow requires original, NOTARIZED signatures. Parties herein are 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. H) SPECIAL RECORDING NOTICE: In the event the documents in this escrow are recorded as a "SPECIAL RECORDING", i.e. subsequent to 8:00 a.m., Buyer and Seller are aware and approve that funds may not or will not be available for disbursement for the payment of liens, proceeds or commissions until the following business day, and that no interest will be earned on such funds. Escrow Holder, Broker(s) and their Agent(s) are hereby indemnified, held harmless and released from any and all liability and/or responsibility for recording the documents as a "SPECIAL RECORDING" and for any additional interest/penalties to be paid to lender(s) and/or other hardships that may be suffered by any party as a result of said "SPECIAL RECORDING." I) FUNDS HELD AT CLOSE OF ESCROW: 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 are instructed to, and without further instructions, withhold an escrow fee of $50.00 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. PRORATIONS: All prorations, including but not limited to, property tax or HOA dues shall be as of CLOSE OF ESCROW. BUYERS INITIALS Page 4 SELLERS INITIALS Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA BY SETTING FORTH HIS/HER FULL AND COMPLETE SIGNATURE HEREIN'BELOW AND BY INITIALING ALL OTHER PAGES, INCLUDING THE LAST THREE PAGES ENTITLED "GENERAL PROVISIONS", AS INDICATED THEREON, ("EXECUTION") EACH PARTY TO THIS ESCROW ACKNOWLEDGES RECEIPT OF SAME AND AGREES THAT SUCH EXECUTION SHALL BE DEEMED HIS/HER FULL ACCEPTANCE AND APPROVAL OF, CONCURRENCE IN, AND AGREEMENT TO BE BOUND BY, ALL OF THE TERMS, PROVISIONS, CONDITIONS, CONTINGENCIES, INSTRUCTIONS AND AGREEMENTS CONTAINED HEREIN, IN THEIR ENTIRETY. City of Vernon B\ : Carlos Fandino, Authorized Sinner lises Perez 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: (1) 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 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 instruction 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 he 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. 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 -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 shall be deemed a deposit under the meaning of these escrow instructions. Page 5 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 be effective only as between the parties signing the Purchase Agreement. You, as Escrow Holder, are not to be 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 for 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 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 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 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. 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 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 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. 18. 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 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. In 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, 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 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 title. The Change of Ownership form shall be furnished to Buyer by you for Buyer'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, 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 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. 22. ALL NOTICES, DEMANDS AND INSTRUCTION'S 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 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 tax consequences of the within escrow transaction. Concierge Escro A Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA 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 are instructed to, and without further instructions, withhold an escrow fee of $50.00 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 from a court of competent jurisdiction. If the conditions 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 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 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. It is understood that if Escrow Holder is to attend to any Court(s) a reasonable fee is to be rendered to Escrow Holder PRIOR to any disbursement made. 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 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 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 (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 parties. 29. HOLD HARMLESS CLAUSE: The parties hereto have been advised to seek legal counsel of their choice regarding the terms and conditions of this transaction and, therefore, indemnify and hold Escrow Holder harmless from any litigation, claims or acts which may arise directly or indirectly by reason of this escrow. BUYERS INITIALS EP SELLERS INITIALS Page 8 Concierge Escrow Service, Inc. Date: October 24, 2017 Escrow No.: 5044-LA BUYERS INITIALS R SELLERS INITIALS Page 9 Escrow Sery e, Inc. PRIVACY ACT NOTICE Escrow Number: 5044-LA Escrow Officer: Lett), Ascencio 12631 E Imperial Highway Building "A°, Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax:949-954-6575 Date: November 6, 2017 Concierge Escrow Service, Inc., has prepared this Privacy Act Notice to comply with the Gramm -Leach -Bliley Act, Public Law 106-102 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 former clients. 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, e-mail, facsimile transmission. 2. Categories of 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, attorneys, bookkeepers, and accountants, federal state or local tax or governmental authorities, real estate sales agents and 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 access to our personal and escrow file information to those employees who need to know 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 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. I have read and received a copy of this Privacy Act Notice as of the date below. Date: NOTICE OF CALIFORNIA WITHHOLDING & REPORTING Property: 2915 East 60th Place #S, Huntington Park, CA 90255 Escrow No.: 5044-LA Under California law (Rev & Tax Code §18662). a buyer may be required to withhold and deliver to the Franchise Tax Board (FTB) an amount equal to 3.33% 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 10% of the amount required to be withheld or $500) 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 $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: 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 §1033) 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 SUBJECT TO PENALTIES FOR KNOWINGLY FILING A FRAUDULENT CERTIFICATE FOR THE PURPOSE OF AVOIDING THE 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"). Contact FTB: For additional information regarding California withholding or for the Alternative Withholding, contact the Franchise Tax Board at (toll free) 888-792-4900, by e-mail nrws(a)ftb.ca.gov or visit their website at www.ftb.ca.gov. For tax advice, please consult your own legal advisor or tax professional. SELLER: City of Vernon By: Carlos Fandino, Authorized Signer BUYER: Eulis s A P ez 12631E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 f Tel: 949-954-6571 Escrow Servf/' e, Inc. Fax: 949-954-6575 Escrow No.:5044-LA Date: November 6, 2017 NOTICE TO ALL BUYERS AND SELLERS OF REAL ESTATE The Foreign Investment in Real Property Tax Act (FIRPTA) BUYER'S RESPONSIBILITY TO WITHHOLD: Section 1445 of the Internal Revenue Code requires all Buyers who purchase real property in the United States from foreign Sellers to withhold either ten percent (10%) or fifteen percent (15%) of the total purchase price and to pay that amount to the Internal Revenue Service (IRS) within twenty (20) days of the date escrow closes unless an exemption from withholding applies. IF BUYER FAILS TO WITHHOLD AND TM ELY PAY THE IRS THE CORRECT WITHHOLDING AMOUNT ON A NON-EXEMPT SALE, BUYER WILL BE LIABLE TO THE IRS FOR THE AMOUNT OF THE TAX OWED AND ALL APPLICABLE PENALTIES AND INTEREST. If two or more persons are joint Buyers, each is obligated to withhold. However, the obligation of each will be met if one of the joint Buyers withholds and transmits the required amount to the IRS. WHO IS A FOREIGN SELLER? In general, a foreign person is a non-resident alien individual, foreign corporation, foreign trust or foreign estate, but not a resident alien individual. BUYERS: Buyer will not be required to withhold under FIRPTA if Buyer obtains from Seller, a certification of non -foreign status pursuant to the IRS regulations, unless Buyer has knowledge that the Seller's certification is false. This certification must (1) state that Seller is not a foreign person; (2) set forth Seller's name, taxpayer identifying number and address; and (3) be signed by Seller under penalties of perjury. Buyer must retain this certification until the end of the fifth taxable year following the taxable year in which the sale takes place and to make the certification available to the IRS when requested. QUALIFIED SUBSTITUTE: Seller may furnish the Non -Foreign Affidavit to a "Qualified Substitute" instead of the buyer provided that the Qualified Substitute furnishes a statement to the buyer stating, under penalty of perjury, that the Qualified Substitute is in possession of the Non -Foreign Affidavit. A Qualified Substitute is defined as: (1) the person (including any attorney or title company) responsible for closing the transaction, other than the seller's agent, and (2) the buyer's agent. (See IRC § 1445(f)(6)). 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 a foreign Seller acts promptly, such Seller may be able to have the IRS: (1) issue a withholding certificate that either reduces or eliminates the withholding requirements for the transfer of Seller's property; (2) make an early refund to Seller of the amount withheld; or (3) establish that no gain is recognized under pertinent provisions of the Internal Revenue Code or the provisions of any United States treaty. If one or more foreign persons and one or more U.S. persons jointly transfer a U.S. real property interest, the amount realized from the transfer must be allocated among the transferors based on their capital contribution to the property. For this purpose, a husband and wife are treated as having contributed 50% each unless it is specifically indicated otherwise. EXEMPTIONS: Below are some examples of when the IRS would generally not require withholding under FIRPTA. 1. Buyer is purchasing the property for Buyer's use as a residence for a certain period of time and the total amount paid for the property is $300,000.00 or less. 2. Either Buyer or Seller applies for and obtains a withholding certificate from the IRS that specifies: (1) Seller is exempt from paying taxes on the gain; or (2) Seller has entered into an agreement with the IRS to pay the tax owed. 3. Gain on the sale is not recognized under certain provisions of the Internal Revenue Code or the provisions of any United States treaty. BUYERS AND SELLERS ARE ADVISED TO SEEK THE ADVICE OF AN ATTORNEY OR TAX PROFESSIONAL REGARDING WHETHER ANY GAIN IS RECOGNIZED UNDER THE PROVISIONS OF THE INTERNAL REVENUE CODE AND THE PROCEDURES THAT MUST BE FOLLOWED IF THE BUYER DOES NOT WITHHOLD BASED ON THE FACT THAT NO GAIN IS RECOGNIZED. Neither Century 21 Allstars or CHLV Group nor its 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 of a copy of this Notice is hereby acknowledged. Date:�� I �— Eu ises A rez City of Vernon By: Carlos Fandino, Authorized Signer Escrow Service, Inc. VESTING WORKSHEET RE: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel 949-954-6571 Fax 949-954-6575 Escrow No.: 5044-LA NOTE: Please indicate your choice by checking the appropriate selection. Please fill in the blanks completely and print names exactly as they should appear on all documents and as you will be signing your name. PURSUANT TO THE ABOVE REFERENCED ESCROW, ESCROW HOLDER IS INSTRUCTED TO REFLECT MY NAME AND VESTING AS FOLLOWS: 1. ❑ SPOUSES (Print names and marital status, e.g. "husband and wife". "wife and husband". "spouses", "who are married to each other", etc. exactly as they should appear on documents including loan documents) 3. ❑ REGISTERED DOMESTIC PARTNERS (Print Names Exactly as they should appear on documents including loan documents) `If you have selected either option 1 or 2 above, please also select one of the following options: A. ❑ As Joint Tenants B. ❑ As Community Property C. ❑ As Community Property with Right of Survivorship D. ❑ As Tenants in Common Each As to an Undivided Interest — Percentage or Fraction (i.e., '/2 or 50%) E. ❑ Other (Please specify) 3. ❑ MARRIED MAN - AS HIS SOLE AND SEPARATE PROPERTY ❑ MARRIED WOMAN - AS HER SOLE AND SEPARATE PROPERTY ❑ REGISTERED DOMESTIC PARTNER - AS HIS/HER SOLE AND SEPARATE PROPERTY ('Print Names Exactly as they should appear on documents including loan documents) PLEASE INDICATE THE FULL NAME OF SPOUSE OR DOMESTIC PARTNER FOR PREPARATION OF DEED. 4. ❑ INDIVIDUAL (Print Names Exactly as they should appear on documents including loan documents) kV �S s 6 R1,'Z A. A SINGLE MAN (never married) B. ❑ A SINGLE WOMAN (never married) C. ❑ A WIDOWER (wife is deceased) D. ❑ A WIDOW (husband is deceased) E. ❑ AN UNMARRIED MAN (divorced) E. ❑ AN UNMARRIED WOMAN (divorced) HOW YOU HOLD TITLE TO YOUR PROPERTY CAN HAVE SERIOUS TAX CONSEQUENCES. IT IS STRONGLY RECOMMENDED THAT YOU SEEK TAX AND/OR LEGAL COUNSEL WHEN COMPL r TING THIS FORM. SIGNATURE OF BUYER Date: 1 _ Eu ' esAPerez Streamline - Vesting Worksheet Buyer/Borrower November 6, 2017 Escrow Service, Inc. 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs. CA 90670 Tel 949-954-6571 Fax:949-954-6575 FIRE INSURANCE INFORMATION FORM Date: November 6. 2017 Escrow No: 5044-LA Officer: Letty Ascencio Re: 2915 East 60th Place #S, Huntington Park, CA 90255 The following information is needed to process your escrow. Please complete this form and return as soon as possible to our offices. rNSURANCE .AGENCY AGENT POLICY NUMBER ADDRESS CITY, STATE, ZIP PHONE NUMBER FAX NUMBER. PLEASE: 1. Contact your agency and discuss the coverages you desire 2 Have your agent contact our office in order that we may provide additional information which may be required. PLEASE COMPLETE AND RETURN I hereby authorize you as Escrow Holder to discuss my file with the above named agent with reference to insurance necessary to process this escrow. Eulise Per z StreamLine - Fire Insurance Information Form November 6, 2017 DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Escrow Service, Inc. Date: November 6, 2017 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax:949-954-6575 NEW FINANCING AMENDMENT Re: 2915 East 60th Place #S, Huntington Park, CA 90255 TO: Concierge Escrow Service, Inc. - Letty Ascencio Escrow No.: 5044-LA 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 Broker Solutions Inc dba New American Funding, in the principal amount of $331,987.00, with a rate of 4.0000% per annunt for a loan term of 30 years, 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 of Vernon r- DocuSigned by: et F diee Carlgs Fat>di�o, Authorized Signer BUYER: Eulises A Perez Escrow Servi /e, Inc. 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax:949-954-6575 NEW FINANCING AMENDMENT Date: November 6, 2017 Escrow No.: 5044-LA Re: 2915 East 60th Place #S, Huntington Park, CA 90255 TO: Concierge Escrow Service, Inc. - Letty Ascencio 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 Broker Solutions Inc dba New American Funding, in the principal amount of $331,987.00, with a rate of 4.0000% per annum for a loan term of 30 years, per Lender's documents to be placed in escrow. Borrower's execution of Lender's documents shall deem their approval of all terms 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 of Vernon B}: Carlos Fandino, Authorized Signer BUYER E Zse A Perez EXHIBIT B CITY OF HUNTINGTON PARK Building & Safety Division 6550 Miles Avenue, Huntington Park, CA 90255 Tel. (323) 584-6271 - Fax. (323) 584-6244 Date Issued: October 31, 2017 Address of Property: 2915 E 60TH PL #S Assessor's Parcel Number: 6310-023-270 Residential Pre -Sale Inspection Report CLEARANCE CERTIFICATION 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: l his clearance, does not apply to minor violations that may have been identified, or to any non -conformities or restrictions on use or development. NON LIABILITI: 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 *eceiving 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 conta-ned in the report. (Huntington Park Municipal Code, Title 8, Chapter 17.10) By: Travis Mathieu Title: Building Inspector KV2014.10.27 DocuSign Envelope ID: OA544507-17E8-4084-BFBB-E151DD475FE4 Cry IL1® Allstars CoordinatorCommission Invoice Attention 1 " ► c x�+ r{it F; Escrow Co.: KitII'kTCC�IGj�s ' Escrow #: rI( 7`1' 1 1 —rL A Property Add: G—� ✓ L . VJ v l t I 1 I •'� i3 v` ✓ r l ill �(r) f' I (we) the buyer(s) or seller(s) on the above referenced property acknowledge an additional $275.00 commission fee, payable to Century 21 Allstars, at the close of escrow for the purpose of coordination and completing the above mentioned transaction. I (we) understand that this commission is separate than the closing cost stated to me by the lender performing the loan on the purchase of this property. For this additional commission earned fees, Century 21 Allstars will provide you immediate online access to all communications, documents and reports during the escrow period. You will be assigned a personal transaction coordinator who will assist you with the successful closing of your transaction and will assign you your personal online access. Further, you will receive at the close of escrow, a CD Rom disc, containing documentation that will highly assist you and your tax preparer during tax season. I (we) fully understand that if this transaction fails and is cancelled at any time during the escrow period, I (we) will not be responsible to pay for this Commission Fee. If this fee has been advanced to Century 21 Allstars prior to the cancellation ofthis transaction, the Commission fee will be returned immediately upon cancellation. Buyers Acknowledgement Buyers Acknowledgement D cu5lpnetl by: S ,Aakenr3dedgemcnt Sellers Acknowledgement Escrow Officers: Itemize this Commission Earned Fee on line 700 of the HUD 1 and fax to the following: (562) 205-3528 or (562) 205-3875. Escrow Officer: Acknowledged 4'. xwr'.r?..gsx!sY �. '3'4 az� Keport uate: yg2il2uli D Number: 9513-113 NIIIIIReport � Subject Property: 2915 E 60TH PL UNIT 5 ■ myNHD-corn APN: 6310 023 270 Page Number: Invoice Subject Property: Ordered By: Bill To: 2915 E 60TH PL UNIT S Luther Sanchez Letty Ascencio HUNTINGTON PARK, CA 90255 Century 21 Allstars Parkfield Escrow, Inc. APN#: 6310-023-270 (562) 755-9387 (949) 954-6571 Escrow #: TBD ProductOwe Residential NHD Report Bill Escrow $74.95 ------------------ $74.95 NATURAL HAZARD DISCLOSURE This Natural Hazard Disclosure ("Report") complies with Civil Code Section 1103 et seq. The maps and data cited herein were reviewed using the assessor parcel number ("APN") and/or the physical address listed in this Report ("Property"). Not all publicly available data regarding the Property is included in this Report. No physical inspection of the Property has been performed. Therefore, MyNHD, Inc. ("MyNHD") recommends a Certified Engineering Geologist or Professional Engineer be consulted to address specific concerns about the Property. This Report was prepared in accordance with, and therefore subject to, all of the conditions and limitations stated in the Report including the "Terms and Conditions" contained therein. An explanation of each category of disclosure is included later in this Report. The terms "No Map" or "Not Mapped" indicate that a disclosure map is not available from the governmental agency relative to specific disclosure in this Report. MyNHD has relied upon the statutes identified and has reviewed the maps and records specifically required for disclosure pursuant to California law. This information is made available to the public so that determinations if and to what extent each statute applies to the Property can be made. Receipt/use of this Report by recipient or any third party constitutes acceptance of the Terms and Conditions detailed at the end of this Report. This Report is not a policy of insurance or a warranty. This Report is prepared by MyNHD to comply with California law relating to public record information in connection with the sale of residential real estate. Please read the Terms and Conditions carefully. Please return bottom portion with payment - TEAR -OFF HERE---- - --- -- --- ---- --- -- ---- - -- --- ---- -- Received from: Parkfield Escrow, Inc. Escrow #: TBD Make Checks Payable to: MyNHD, Inc. PO Box 241426 Los Angeles, CA 90024 Please do not staple check to stub. -TEAR-OFF HERE --- --- ---- -- ---- --- 2915 E 60TH PL UNIT S HUNTINGTON PARK, CA 90255 6310-023-270 REPORT NUMBER: 9513-113 Amount Due $74.95 PLAN FEE INVOICE TO: LETICIA ASCENCIO PARKFIELD ESCROW DATE: 09l21/2017 12631 IMPERIAL HWY STE A-213 SANTA FE SPRINGS, CA 90670-4710 FILE #: PEREZ 949.954.6571 PLAN NUMBER: 26117473 ORDERED: 09/21/2017 ESTIMATED CLOSE: 10/27/2017 COVERED FOR: HOMEOWNER / PEREZ (Seller/Buyer) COVERED PROPERTY: 2915 E 60TH PL UNIT S HUNTINGTON PARK, CA 90255-3198 PROPERTY TYPE: Single -Family Dwelling under 5,000 Sq. Ft. PLEASE REMIT PAYMENT 1N FULL AT CLOSE OF SALE — INCLUDE OUR PLAN NUMBER ON THE CHECK Coverage Coverage QTY Rate Due CA FSRE SFD CA 5.1 CRES 13 CRES 13 Mo. Preferred Ultimate Protection with Air Conditioner (Does Not Include Kitchen Refrigerator) ($75 TCF) 1 480.00 480.00 Buyer Option - Ultimate Protection 1 included 0.00 Buyer Option - Air Conditioner/Cooler 1 included 0.00 Buyer Option - Limited Roof Leak Repair 1 included 0.00 Additional Ootions Available Pool/Spa Equip Includes SWP _ 170.00 Solar Pool/Spa Equipment _ 250.00 Solar Hot Water System _ 250.00 Washer/Dryer _ 80.00 Washer/Dryer/Kitchen Refrig _ 90.00 Kitchen Refrigerator 50.00 Additional Refrigeration Units PLEASE SIGN _ _ 50.00 Ornamental Fountain Coverage p _ 75.00 RETURN Water Softener/Reverse Osmosis & R _ 75.00 Well pump _ 100.00 B t 75 00 oos er pump _ Enhanced Slab/External Leak 100.00 Septic System/Septic Pumping _ 90.00 Structural Endorsement _ 200.00 GuesUln-law under 1000 sq ft _ 300.00 eL_ Total $480.00 To ensure the home buyer receives their Declaration of Coverage promptly, please provide us with a mailing address if different than the covered property address. Street: 4412, UJ _ I4l00ARA F,W*b City, State, Zip: LDMP To 1J , (-A. ctU Id-6 To update our records with any changes on this invoice, please call: 800.445.6999, Fax: 877.445.6999, or Just Hit Reply! Thank you for choosing Old Republic Home Protection Old Republic Home Protection Co. Inc. I P.O.Box 5017 1 San Ramon, California 94583 Application: 800.445.6999 I Service: 800.972.5985 1 Fax: 800.866.2488 www.orhp.com STANDARD NOTICE OF WORK COMPLETED AND NOT COMPLETED NOTICE - All recommendations may not have been completed - See below - Recommendations not completed. This form is prescribed by the Structural Pest Control Board. ilGng No. Street city Zip ate of omplebon 2915 E 60th PI. Unit S Huntington Park CA 90255 10/30117 WX l R 13640 Imperial Hwy #13-Santa Fe Springs, Ca. 90670 562-6744704 REGISTRATION NO. PR7257 REPORT NO. 'a3332 Escrow# Ordered By: Property Owner and/or Party of Interest Completion Sent To: C-21 ALLSTARS-PICO RIVERA C-21 ALLSTARS-PICO RIVERA Concierge Escrow Service Inc Luther Sanchez 9155 Telegraph Rd. Letty Ascencio 9155 Telegraph Rd. 90660-Pico Rivera -CA 12631 E Imperial Hwy Bldg A Suite 215 90660-Pico Rivera -CA 562-863-2121 90670-Santa Fe Springs -CA 562-863-2121 562-755-9387 The following recommendations on the above designated property, as outlined in Wood Destroying Pests and Organisms Inspection Report dated 10n2117 have been and/or have not been completed. Recommendations completed by this firm that are in accordance with the Structural Pest Control Board's Rules and Regulations: 7A BA OR Recommendations completed by this firm that are considered secondary and substandard measures under Section 1992 of the Structural Pest Control Board's Rules and Regulations including person requesting secondary measure - see REMARKS below. Cost of work completed: Cost $ $ 595.00 Inspection Fee $ $ 0.00 Other: $ $ 0.00 Total $ $ 59S.00 Recommendations not completed by this firm Estimated Cost $ $ 0.00 Remarks "This is to certify that the property described herein is now free of evidence of active infestation or infection in the visible and accessible areas." AND IS IN COMPLIANCE WITH THE STRUCTURAL PEST CONTROL BOARD RULES AND REGULATIONS AND MEETS FHA -VA REQUIREMENTS COMMITTED CONDITION 2a F-2800-5. Signature This report has been electronically signed as authorized by the inspector. You are entitled to obtain copies of all reports and completion notices on this property reported to the Structural Pest Control Board during the preceding two years upon payment of a search fee to. Structural Pest Control Board, 2005 Evergreen Street, Suite 1500, Sacramento, California, 95815. NOTE. ouestions or problems concerning the above report should be directed to the manager of the company. Unresolved questions or problems with services performed may be directed to the Structural Pest Control Board at (916) 561-8708, (800) 737-8188 or www.pestboard.ca.gov 43M-44 (REV. 10101) 6l READ & APPROVE t October 30, 2017 WAMOR 13640 Imperial Hwy #13 Santa Fe Springs, Ca. 90670 562-674-4704 Registration No. PR7257 INVOICE NO. ja3332 RE: 2915 E 60th PI. Unit S Huntington Park CA 90255 Ordered By: C-21 ALLSTARS-PICO RIVERA 562-863-2121 9155 Telegraph Rd. 90660-Pico Rivera -CA Luther Sanchez 562-755-9387 Owner/Party In Interest: C-21 ALLSTARS-PICO RIVERA 562-863-2121 Bill To: Concierge Escrow Service Inc 12631 E Imperial Hwy Bldg A Suite 215 90670-Santa Fe Springs -CA Letty Ascencio Description Charge/Adjustment Payment 7A. TREAT $ 595.00 8A. SEE 7A $ 0.00 Waive Inspection Fee $ 0.00 TOTAL DUE $ 595.00 If this statement does not agree with your records please notify us at once. Over -Due Balance's subject to Monthly Service Charge of 1.0% (12% Annual). Section 1 - Treat $595 Total $595 Re: Concierge Escrow Service Inc Due: $ 595.00 12631 E Imperial Hwy Bldg A Suite 215 90670-Santa Fe Springs -CA For: ja3332 2915 E 60th PI. Unit S Huntington Park October 30, 2017 WARMR 13640 Imperial Hwy #13 Santa Fe Springs.. Ca. 90670 562-674-4704 Registration No. PR7257 INVOICE NO. ja3332 RE: 2915 E 60th PI. Unit S Huntington Park CA 90255 Ordered By: C-21 ALLSTARS-PICO RIVERA 562-863-2121 9155 Telegraph Rd. 90660-Pico Rivera -CA Luther Sanchez 562-755-9387 Owner/Party In Interest: C-21 ALLSTARS-PICO RIVERA 562-863-2121 Bill To: Concierge Escrow Service Inc 12631 E Imperial Hwy Bldg A Suite 215 90670-Santa Fe Springs -CA Letty Ascencio Description Charge/Adjustment Payment 7A. TREAT $ 595.00 8A. SEE 7A $ 0.00 Waive Inspection Fee $ 0.00 TOTAL DUE $ 595.00 If this statement does not agree with your records please notify us at once. Over -Due Balance's subject to Monthly Service Charge of 1.0% (12% Annual). Section 1 - Treat $595 Total $595 Re: Concierge Escrow Service Inc Due: $ 595.00 12631 E Imperial Hwy Bldg A Suite 215 90670-Santa Fe Springs -CA For: ja3332 2915 E 60th PI. Unit S Huntington Park WOOD DESTROYING PESTS AND ORGANISMS INSPECTION REPORT Building No. treat City Zip Date of Inspection Number of Pages 2915 E 60th PI. Unit S Huntington Park CA 90255 10/12/17 4 WAR .MR VVil #13 13640 Imperial Hwy Santa Fe Springs, Ca. 90670 562-674-4704 REGISTRATION NO. PR7257 REPORT NO. 'a3332 Escrow# Ordered by Property Owner and/or Parry of Interest Report sent to: C-21 ALLSTARS-PICO RIVERA C-21 ALLSTARS-PICO RIVERA Concierge Escrow Service Inc Luther Sanchez 9155 Telegraph Rd. Letty Ascencio 9155 Telegraph Rd. 90660-Pico Rivera -CA 12631 E Imperial Hwy Bldg A Suite 215 90660-Pico Rivera -CA 562-863-2121 90670-Santa Fe Springs -CA 562-863-2121 562-755-9387 COMPLETE REPORT LIMITED REPORT ® SUPPLEMENTAL REPORT H REINSPECTION REPORT General Description: Inspection Tag Posted 2 story, Stucco, Wood Frame, Composition Roof, Attached Garage, Vacant - Attic Other Tags Posted: An inspection has been made of the structure(s) shown on the diagram in accordance with the tructural Pest ontrol ct. etached porches, detached steps, detached decks and any other structures not on the diagram were not inspected. Subterranean Termites 0 Drywood Termites ® Fungus / Dryrot Other Findings[] Further Inspection If any of the above boxes are checked, it indicates that there were visible problems in accessible areas. Read the report for details on checked items. FOUNDATION DIAGRAM (Diagram not to scale) Inspected by: Miguel Fuentes State License No. OPR10598 Signature This report has been electronically signed as authorized by the inspector. You are entitled to obtain copies of all reports and completion notices on this property reported to the Structural Pest Control Board during the preceding two years. To obtain copies contact: Structural Pest Control Board, 2005 Evergreen Street, Suite 1500, Sacramento, California, 95815. NOTE: Questions or prooiems concerning the above report should be directed to the manager of the company. Unresolved questions or problems with services performed may be directed to the Structural Pest Control Board at (916) 561-8708, (800) 737-8188 or www.pestboard ca.gov 43M-41 (REV. 10/01) I PAGE 2 OF STANDARD INSPECTION REPORT OF THE PROPERTY LOCATED AT: Building No. I Street City Zip Date Of Inspection 2915 E 60th PI. Unit S Huntington Park CA 90255 10/12/17 REPORT# ja3332 I.SUBSTRUCTURE Slab 7.ATTIC Poor access -full insulated 2-bNUVVtK None APoor access -wall coverings 1FOUNDATIONS Slab 9.DECKS- ATIOS Not ins ted 4.P R HES ST PS Not ins ed 10. HER -INTERIOR In cted b.V LA 1 N None 1 T-0 I HLK-LA I ERIOR Not inspected 6.ABUTMENTS Not inspected MI C. NOTICE: Reports on this structure prepared by various registered companies should list the same findings (i.e. termite infestations,termite damage, fungus damage, etc.). However, recommendations to correct these findings may vary from company to company. You have a right to seek a second opinion from another company. NOTICE: This is a separated report which defines as Section 1 or Section 2, conditions evident on the date of inspection. Section 1 contains items where there is visible evidence of active infestation, infection or conditions that have resulted in or from infestation or infection. Section 2 items are conditions deemed likely to lead to infestation or infection, but where no visible evidence of such was found. Further Inspection items are defined as recommendations to inspect areas which during the original inspection, did not allow the inspector to complete the inspection and cannot be defined as Section 1 or Section 2. SECTION 1 Finding: 7A EVIDENCE OF DRYWOOD TERMITES NOTED AT ATTIC RAFTERS AS INDICATED ON THE DIAGRAM. Recommendation: 7A DRILL AND CHEMICALLY TREAT LOCAL INFESTED TIMBERS WITH REG. CHEMICAL-. COVER EVIDENCE. Finding:8A EVIDENCE OF DRYWOOD TERMITES NOTED AT GARAGE WALLS AS INDICATED ON THE DIAGRAM. Recommendation: 8A DRILL AND CHEMICALLY TREAT LOCAL INFESTED TIMBERS WITH REG. CHEMICAL-. COVER EVIDENCE. ADDITIONAL INFORMATION Note: This report is limited to interior of Unit S only. "A SEPARATED REPORT WHICH IS DEFINED AS SECTION I AND OR SECTION II CONDITIONS EVIDENT ON THE DATE OF INSPECTION. "SECTION I CONTAINS ITEMS WHERE THERE IS EVIDENCE OF ACTIVE INFESTATION, INFECTION, OR CONDITIONS THAT HAVE RESULTED IN OR FROM INFESTATION OR INFECTION "SECTION 11 ITEMS ARE CONDITIONS DEEMED LIKELY TO LEAD TO INFESTATION OR INFECTION, BUT WHERE NO VISIBLE EVIDENCE OF SUCH WAS FOUND. —FURTHER INSPECTION ITEMS ARE DEFINED AS RECOMMENDATIONS TO INSPECT AREA(S) WHICH DURING THE ORIGINAL INSPECTION DID NOT ALLOW THE INSPECTOR ACCESS TO COMPLETE HIS INSPECTION AND CANNOT BE DEFINED AS SECTION I OR SECTION II SECTION If ITEMS NOT GIVEN BY THIS COMPANY UNLESS REQUESTED. "' Note Some wood repair may uncover additional damage or infestation than initially reported at time of the inspection. If so a supplemental report will be issued and additional cost may apply. Note: Areas above the first story eaves are inaccessible for physical inspection due to height, and are not included in our report, unless a visual inspection from the ground revealed conditions that need further inspection `NOTICE TO OWNER` UNDER THE CALIFORNIA MECHANICS LIEN LAW ,ANY STRUCTURAL PEST CONTROL COMPANY WHICH CONTRACTS TO DO WORK FOR YOU, ANY CONTRACTOR ,SUBCONTRACTOR ,LABORER ,SUPPLIER OR OTHER PERSON WHO HELPS TO IMPROVE YOUR PROPERTY ,BUT IS NOT PAID FOR HIS OR HER WORK OR SUPPLIES, HAS THE RIGHT TO ENFORCE A CLAIM AGAINST YOUR PROPERTY.THIS MEANS THAT AFTER A COURT HEARING,YOUR PROPERTY COULD BE SOLD BY A COURT OFFICER AND THE PROCEEDS USED TO SATISFY THE INDEBTEDNESS. THIS CAN HAPPEN EVEN IF YOU HAVE PAID YOUR STRUCTURE PEST CONTROL COMPANY IN FULL IF THE SUBCONTRACTOR ,LABORERS OR SUPPLIERS REMAIN UNPAID.. TO PRESERVE THEIR RIGHT TO FILE A CLAIM OR LIEN AGAINST YOUR PROPERTY CERTAIN CLAIMANTS SUCH AS SUBCONTRACTORS OR MATERIAL SUPPLIERS ARE REQUIRED TO PROVIDED YOU WITH A DOCUMENT ENTITLED 'Preliminary Notice' PRIME CONTRACTORS AND LABORERS FOR WAGES DO NOT HAVE TO PROVIDE THIS NOTICE. A PRELIMINARY NOTICE IS NOT A LIEN AGAINST YOUR PROPERTY.ITS PURPOSE IS TO NOTIFY YOU OF PERSONS WHO MAY HAVE A RIGHT TO FILE A LIEN AGAINST YOUR PROPERTY IF THEY ARE NOT PAID.NOTICE: Reports on this structure prepared by various registered companies should list the same findings (i.e termite infestations, termite damage,fungus damage, etc ) However, recommendations to correct these findings may vary from company to company. You have a right to seek a second opinion from another company.The Exterior surface of the roof was not inspected. If you want the water tightness of the roof determined, you should contract a roofing contractor who is licensed by the Contractors' State License Board. This company will reinspect repairs done by others within four months of the original inspection. A charge, if any, can be no greater than the original inspection fee for each re inspection. The re inspection must be done within ten (10) working days of request- The re inspection is a visual inspection and if inspection of concealed areas is desired, inspection of work in progress will be necessary. Any guarantees must be received from parties performing repairs. ""We enclose our bill for our Inspection Fee and our Report. This Report is not to be used to satisfy escrow requirements unless our inspection fee is paid"" NOTE: SOME WOOD REPAIR MAY UNCOVER ADDITIONAL DAMAGE OR INFESTATION THAN INITIALLY REPORTED AT TIME OF INSPECTION. IF SO, A SUPPLEMENTAL REPORT WILL BE ISSUED AND ADDITIONAL COST MAY APPLY. NOTE: AREAS ABOVE THE FIRST STORY EAVES ARE INACCESSIBLE FOR PHYSICAL INSPECTION DUE TO HEIGHT, AND ARE NOT INCLUDED IN OUR REPORT, UNLESS A VISUAL INSPECTION FROM THE GROUND REVEALED CONDITIONS THAT NEED FURTHER INSPECTION. NOTE. ANY AREAS BENEATH A TACKED -DOWN CARPET IS CONSIDERED INACCESSIBLE FOR INSPECTION. NOTE: We offer a one year warranty for repairs and treatment, and a two year warranty on fumigations, from date of completion. What is Wood Destroying Pests and Organism Inspection Report? Please pay attention to the following two paragraphs which explains the scope and limitations of a Structural Pest Control Inspection and a Wood PAGE 3 OF STANDARD INSPECTION REPORT OF THE PROPERTY LOCATED AT: Building No / Street City Zip Date Of Inspection 2915 E 60th PI. Unit S Huntington Park CA 90255 10/12117 REPORT# ja3332 Destroying Pests and Organisms Inspection Report, A Wood Destroying Pests And Organisms Inspection Report contains findings as to the presence of absence of evidence of wood destroying insects or organisms in visible and accessible areas on the date of inspection and contains our recommendations for correcting and infestations, infections, or conducive conditions found. The contents of the Wood Destroying Pests and Organisms Inspection Report are governed by the California Structural Pest Control Ace its Rules and Regulations. Some structures may not comply with building code requirements or may have structural plumbing, electrical, heating and air conditioner, or other defects that do not pertain to wood destroying organisms. A Wood Destroying Pests and Organisms Report does not contain information about any such defects as they are not within the scope of the license of the inspector or the company issuing this report. Local treatment is not intended to be an entire structure treatment method If infestations of wood -destroying pests extends or exists beyond the area(s) of local treatment, they may be exterminated. BUILDING PERMITS: In some cases, report items listed will require a building permit from the local building department. Any additional work required by the local building department, or required to remedy additional damage not noted in the report, but discovered in the performance of the work agreement, or change in the manner of scope, type, or the nature of the work item to be performed, due to the request of the building department or any other party, will not be done until a separate written agreement is authorized by the Customer of Customer's Agent, and accepted by WARRIOR TERMITE. This property was inspected for visible and accessible evidence of wood destroying organisms such as wood rot by fungi. The inspection and this report do not address fungi other than wood destroying fungi, nor do they assess the health impacts of any fungus, including wood destroying fungi. We are neither qualified, authorized nor licensed to inspect for health -related fungi, including molds, or to make an opinion as to the health impacts of any fungus, including wood rot fungi. If you desire information about the presence or absence of health -related fungi, including molds, you should contact a qualified industrial hygienist or other relevant health professional HOMEOWNER PROTECTION POLICY A Homeowner Protection Policy may be available at the end of the Guarantee Period. WARRIOR TERMITE always strives to provide its customers with the most efficient methods of pest control. We continually provide our employees with constant, on going education so they can provide our customers with the best possible service results, and so we can use pesticides in the safest possible manner for our customers and ourselves In accordance with our sense of responsibility for the safety of our customers and employees, we ask that you read the following. CALIFORNIA STATE LAW REQUIRES THAT YOU BE GIVEN THE FOLLOWING INFORMATION: CAUTION -PESTICIDES ARE TOXIC CHEMICALS Structural Pest Control Companies are registered and regulated by the Structural Pest Control Board, and apply pesticides which are registered and approved for use by the California Department of Pesticides Regulation and the United States Environmental Protection Agency. Registration is granted when the state finds that based on existing scientific evidence there are no appreciable risks if proper use conditions are followed or that the risks are outweighed by the benefits. The degree of risk depends upon the degree of exposure, so exposure should be minimized. If withing 24-hours following application you experience symptoms similar to common seasonal illness comparable to the flu (Pesticides with non flu like symptoms are asterisked below), contact your physician or poison control center (telephone number listed below) and your pest control operator immediately. For further information contact any of the following: 562-674-4704 WARRIOR TERMITE, Poison Control Center. 800-876-4766 Health Questions - County Health Departments: Imperial 760-482-4438 Kern 661-321-3000 Orange 714-834-7700 Los Angeles 213-250-8055 San Bernardino 909-387-6280 San Diego 858-505-6700 Santa Barbara 805-681-5102 Riverside 909-358-5000 Ventura 805-981-5221 Application Information - County Agricultural Commissioner. Imperial 760-482-4314 Kern 661-868-6300 Orange 714-995-0111 Los Angeles 626-575-5465 San Bernardino 909-387-2115 San Diego 858-694-2739 Santa Barbara 805-934-6200 Riverside 951-955-3045 Ventura 805-477-1620 Regulatory Information - The Structural Pest Control Board: 916-561-8704 2500 Evergreen Street, Suite 1500, Sacramento, CA 95815. TERMITE AND FUNGUS CHEMICAL Altriset Termiticide - Active Ingredient Chlorantraniliprole Tim-Bor - Active Ingredient DisodiumOctaborateTetrahydrate Cy -Kick - Active Ingredient Cyfluthrin PAGE 4 OF STANDARD INSPECTION REPORT OF THE PROPERTY LOCATED AT: Building No. / Street City Zip Date Of Inspection 2915 E 60th PI. Unit S Huntington Park CA 90255 10/12/17 REPORT# ja3332 Concierge Escrow Service, Inc. 12631 E Imperial Highway Santa Fe Springs, CA 90670 P: (949) 954-6571 • F: (949) 954-6575 www.conciergeescrowservice.com Eulises A Perez RE: Property Address: 2915 East 60th Place #S, Huntington Park, CA 90255 DOCUMENT APPROVAL The undersigned hereby acknowledge receipt of a copy of the following documents: ® Covenants, Conditions and Restrictions ® Articles of Incorporation ® By -Laws ® Signed Budget and Financial Statement for the current year ® Most recent 12 months of minutes Date: November 6, 2017 Escrow No.: 5044-LA For the North Park HOA, which affects the property being conveyed in the above numbered escrow. Date: BUYER: Eulis A P ez 11/14/2017 Concierge Escrow Service, Inc. Mail - RE: 2915 EAST 60th place #S, Huntington Park/ 5044 G tF Letty Ascencio <Jetty@conciergeescrowservice.com> RE: 2915 EAST 60th place #S, Huntington Park/ 5044 1 message ............ Valentina Rios <vrios@hoagpropertymgt.com> Tue, Nov 14, 2017 at 8:22 AM To: Letty Ascencio <Jetty@conciergeescrowservice.com> Good morning Letty, apply Thank you, As today 11/14/17 Seller still owes November dues $270.00, if payment is received after the 15th a late fee will VALENT#NA RIOS Escrow Project Director/Realtor Hoag Property Mgt, Inc. 10551 Paramount Blvd. Downey, CA 90241 CA BRF-*2017291 i vrios@hoagpropertymgt.com (562) 869-1556 Ext. 115Work I From: Letty Ascencio[mailto:letty@conciergeescrowservice.com] Sent: Monday, November 13, 2017 5:58 PM To: Valentina Rios <vrios@hoagpropertymgt.com> Subject: 2915 EAST 60th place #tS, Huntington Park/ SO44 Hello Valentina, We have officially closed this transaction as of today. Can you confirm that the city (seller) paid November's dues? htips://mail.google.com/mail/u/0/?ui=2&ik=c6e3O96944&jsver=M-xhRWnOlpO.en.&view=pt&search=inbox&th=15fbb57663741772&siml=15fbb5766374.. 112 HOAG PROPERTY MANAGEMENT, INC. 10551 Paramount Blvd., Downey, CA 90241 (S62) 869-1556 Fax (562) 862-1723 ASSOCIATION ESCROW DEMAND FORM October 19, 2017 Escrow Company: Parkfield Escrow Inc. Escrow #: 14891-LA Association Name: North Park HOA - 391 Property Address: 2915 E. 60th PI. #S Huntington Park, CA 90255 Present Owner (s) of Record: City of Vernon MONTHLY ASSOC. FEES ARE: $ 270.00 LATE CHARGES ARE: 10.00 AFTER THE 15TH OF EACH MONTH STATEMENT OF ACCOUNT Assoc. fees due $ Late charges due $ Special Assessment due $ Demand fees due $ TOTAL ASSOC. FEES $ Next HOA payment due Make check payable to: 0.00 NOVEMBE R 1' T 2017 NORTH PARK HOA PLEASE CONTACT THE FOLLOWING FOR INSURANCE INFORMATION: Condo/Assoc. Policy Fidelity Policy Insurance Company: State Farm Insurance Insurance Agent: Robert Priest Phone #: (909) 621-9935 Policy #: 92-UM-8297-8 Expiration Date: August 141h, 2018 SPECIAL NOTE: Homeowner is required to carry HO-6 insurance for all Freddie Mac/Fannie Mae loans. PROPERTY #: 391 UNIT#: 2915 E. 60TH # S H.P Escrow # 14891-LA THIS FORM TO BE RETURNED WITH CHECKS AT CLOSE OF ESCROW. Escrow Company: Parkfield Escrow Inc Address: 12631 E. Imperial Hwy. A-213 Santa Fe Springs, CA 90670 Escrow Officer: Letty Ascencio E-Mail: ea fiYld scrow•v r, Telephone #: (949) 954-6571 FAX: (949) 954-6575 -------------------------------------------- STATEMENT OF DOCUMENT FEES YOUR ORDER Escrow Demand Processing/Transferfee $210.00 $ 210.00 Articles of Incorporation §4525(a)(1) $12.00 $ 12.00 Budget §§5300/4525(a)(3) $ 8.00 $ 8.00 By Laws §4525(a)(1) $15.00 $ 15.00 CC & R's: §4525(a)(1) $22.00 $ 22.00 Certificate / Questionnaire $35.00 $ Collection Policy §§5310/4525(a)(4) $10.00 $ Financial Statement: §§5305/4525(a)(3) $10.00 $ 10.00 Insurance (Master/Bond) §§5300/4525(a)(3) $4.00/2.00 $ 2.00 Meeting Minutes §4525(a)(10) $5.00 per month $ 15.00 Reserve Study §§5300/4525(a)(4) $3.00 $ Rules & Regulations: §4525(a)(1) $15.00 $ 15.00 SB 61 Annual Meeting Procedures Included at No Cost Updated Demand $20.00 Expedite Charges $60.00/30.00 $ Total Amount Due $ 309.00 Amounts Received Chk#30842 10/16/17 $ 204.00 TOTAL BALANCE DUE $ 105.00 Please provide us with the full name and mailing address of the buyer (s) with the closing checks. We cannot record the change of ownership until all fees and dues are received. Please issue check for "Total Due at Close of Escrow" payable to: HOAG PROPERTY MANAGEMENT,INC New Owner (s): Eulises A Perez Property address: 2915 East 60th Place #S, Huntington Park, CA 90255 Mailing address: 2915 East 60th Place #S, Huntington Park, CA 90255 Close of escrow date: 11.13.2017 HOAG PROPERTY MANAGEMENT, INC. Date: October 19, 2017 Completed by: Valentina Rios/Escrow Project Dr./Realtor PROPERTY MANAGEMENT SINCE 1951 October 18, 2017 Letty Ascencio Parkfield Escrow Inc. 12632 E. Imperial Hwy. A-213 Santa Fe Springs, CA 90670 RE: North Park Homeowners Association — 2915 E. 601h PI. # S Huntington Park, CA 90255 Attention: Letty Ascencio, Escrow Officer Please put the buyer on notice that the Association, and/or the Hoag Property Management, Inc., has not inspected the unit <or lot> described above and does not make any representations regarding CC&R's, rules, or Architectural violations that may exist in the unit <or lot>. Please notify the buyer that if the Association subsequently learns of any such violations, it will hold the Buyer responsible for correcting those violations. Accordingly, the Buyer should make a thorough investigation to determine if any violations exist and should also request disclosure by the Seller of known or suspected violations. Such violations should be corrected prior to the close of escrow. Also, please put the Buyer on notice that the information provided by the association is NOT A WARRANTY of any kind by the association or any of its directors, officers, employees, or agents and/or the Hoag Property Management Inc., and is not a substitute for any due diligence inspections or investigations by the buyer. BUYER SHOULD THOROUGHLY INVESTIGATE ALL ASPECTS OF THE PURCHASE AND SHOULD OBTAIN PROFESSIONAL ADVISE AND/OR RETAIN EXPERTS, IF NECESSARY, TO ASSIST IN THE INVESTIGATION. Sincerely, Hoag Property Management, Inc. For: North Park Homeowners Association HOAG Property Management, Inc. 10551 PARAMOUNT BOULEVARD, DOWNEY, CALIFORNIA 90241-2499 • PHONE (562) 869-1556 • FAX (562) 862-1723 E-MAIL: hoagpropertymgt.com • DIRE #01237236 CERTIFIED PROPERTY MANAGEMENT FOR: APARTMENTS • HOMES • DUPLEXES • CONDOMINIUM UNITS CONDOMINIUM ASSOCIATIONS • SHOPPING CENTERS • OFFICE BUILDINGS • RETAIL STRIP CENTERS • INDUSTRIAL PROPERTIES OocuSign Envelope ll] OAS44507-17Ee40a4-BFSB-E1S100475FE4 CAL IFORNiA A S 5 0 C I A T I O N SELLER PROPERTY QUESTIONNAIRE OF R E A L T O R S (C A.R form SPQ, Revised 12116) 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 TOS Is completed. it Seiler is exempt from completing a TOG, Seiler should complete an Exempt Salter Disclosure (C.P.R. Forth ESO) or may use this form instead. L Seller makes the following disclosures with regard to the real property or manufactured home described es 2915 E. 60th Pt,1r"S Assessor's Parcef No. 6310-023-270 situated In Huntington Park County of Los Angeles California ('Property'). If. The following are representations made by the Seller and are not the representations of the Agent(s), If any. This disclosure statement Is not a warranty of any kind by the Seller or any agents(s) and Is not a substitute for any inspections or warranties the princlpal(s) may wish to obtain. This disclosure is not Intended to be part of the contract between Buyer and 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 Seller. PURPOSE: To tell the Buyer about known material or gjpnificant,j= 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 Ws 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 quastlans 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 -SL4II16 ntl�mS affecting the value or desirability of the Property and help to eliminate misunderstandings about the condi4on of the Property. Something that maybe material or significant to you may not be perceived the same way by the Seller. If something is Important (o you, be sure to put your concems and questions In writing (CAA. form BMI). Setters can only dlsclose what they actually know. Seiler 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 (Satter) aware of..." by checking either "Yes" or "No." Explain any "Yes" answers In the space provided or attach additional comments and check section VI. A. STATUTORILY OR CONTRACTUALLY REQUIRED OR RELATED: ARE YOU (SELLER) AWARE 1. Wlhin the Iasi 3 years, the death of an occupant of the Property upon the Property .... , . .. ( j Yes ( No 2. An Order from a gcvamment health of Ic;W identifying the Property as being contaminated by mothemphetamrne. (if yes, attach a copy of the Order.) ...................................... ( ]Yes ( fro 3. The release of an illegal controlled substance on or beneath the Property ...................... . . ( ) Yes 111 4. Whether the Property is located in or adjacent to an 'Industrial use' zone ................. . ...... ( j Yes ( o (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 ................. [ j Yes [ o 6. Whether the Property Is located within 1 mile of a former federal or state ordnance location.......... ( j Yes [,.-I No On general, an area once used for mftry training purposes that may contain polerdaty explosive munitions.) 7. Whether the Property is a condominium or located in a planned unit development or other common Interest subdivision........................................................... ( j Yes (�,10 8. Insurance claims affecting the Property within the past 5 years ............ . ................... ( I Yes ( 9. Matters affecting title of the Property .......... .. [ ) Yes ( 10. Material facts or defects affecting the Property not otherwise disclosed to Buyer . , I ................ ( ] Yes [✓j No 11. Plumbing fixtures on the Property that are non -compliant plumbing fixtures as defined by Chill Code Section 1101.3.................................................... ( j Yes [�o Explanation, or ( I (if checked) see attached; o■ Buyefc lnftiats t ) Se lens initials i CF I t ) C 2005.2016 Cadorma Assocatan of REtLTOR_1 r SPO REVISED 12116 (PAGE 1 OF 4) SELLER PROPERTY QUESTIONNAIRE ISPO PAGE 1 OF 4 (i.-:, :1 'A:.i.,. �I•(t..�., 1� il:•.r .. t :.l• ' M:�l V:•t,, •. Inl.. Cuth..171 t•Usttn vw.ow, r•;,� :r7.. .7. [:C•c-:ev �J-- !.-4- ,�:: el•-aa •rr.• ■tt+Sm lS::! t>a.�•.. r+�� Cc—.rSlgnEnvElo�„e10 DA544507-17Ea-4C84-BFBHEI51DD475FE4 Property Address: 2915 E. 60th Pl. SS Huntinglon Park CA 90255 Date: Luly 18 2017 B. REPAIRS AND ALTERATIONS: ARE YOU (SELLER) AWARE OF 1, Any alterations, modifications, replacements, improvements, remodeling or material repairs on the Property (including those resulting from Home Warranty claims) ......... ...... ( � J Yes (✓] No 2. Any alterations, modifications, replacements, improvements, remodeling. or material repairs to the Property done for the purpose of energy or water efficiency Improvement or renewable energy?. ..... ......... . . ...... .. I .... ........ ( ) Yes 3. Ongoing or recurring maintenance on the Property (far example, drain or sewer clean-cut, tree or pest control service) ................ ........... [ 4. Any part of the Property being painted within the past 12 months J Yes (�N ............................... ( S. if this Is a pre-1978 Property, were any renovations (i.e., sanding, cut rig, demolition) ] Yes ( to of lead -based paint surfaces completed in compliance Win the Environmental Protection Agency Lead -Based Paint Renovation Rule ...................... ... ................. ......... ( )Yes[�o Explanation: C. STRUCTURAL, SYSTEMS AND APPLIANCES: ARE YOU (SELLER) AWARE OF... 1. Defects In any of Itte following, (including past defects that have been repaired)- heating, air conditioning, electrical, plumbing (Including the presence of polybutylene pipes), water, sewar, waste disposal or septic system, sump pumps, well, root, gutters, chimney, fireplace, foundation, crawl apace. attic, soil, grading, drainage, retaining walls, interior or exterior doors, windows, walls, callings, floors or appliances ....... . ........... .. .................. ( )Yes( No 2. The leasing of any of the following an or serving the Property: solar system, water softener system, water purifier system, alarm system, or propane tank (a) ......... .... ....... . ....... .. [ ]Yes [✓) No 3, An attemative septic system on or serving the Property......... [ ) Yes t,,,rNo 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 ........ ......... ... ...... ( l Yes ( No Explanation: E. WATER -RELATED AND MOLD ISSUES: ARE YOU (SELLER) AWARE OF... 1, Water Intrusion info 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 soil settling or slippage, on or affecting the Property .. ... .... [ ) Yes 1%/ No 2. Any problem with or infestation of mold, mildew, fungus or spores, past or present. on or affecting the Property ............... [ [ Yes [✓jNo 3. Rivers, streams, flood channels, underground springs, high water table, floods. or tides, on or affecting the Property or neighborhood .. .... [ ] Yes (✓No Explanation: F. PETS, ANIMALS AND PESTS: ARE YOU (SELLER) AWARE_. 1. Pets on or In the Property . . ....... .......... I ..................... ( 2. Problems with livestock, wildlife, insects or on or In the Property.... J Yes pasts ......... .. . . ....... ( j Yes ( No 3. Past or present odors, unne, feces, discoloration, stains, spots or damage in the Property, due to any of the above �o ....... ( 4. Past or present treatment or eradication of pests or odors, or repair of damage due to any of ( Yes [ .. theabove .. ........................ . ................ .. .......... .... ....... . [ r// j Yes ) No If so, when and by whom Explanation: [C—F S ye @urs Inllials 1C S ) l ) Seller's In 8alc , SPQ REVISED 12116 (PAGE 2 OF 4) LLER PROPERTY QUESTIONNAIRE (SPQ PAGE 2 OF 4) Pi ]o,.0 LgF—D bra L r, 1:010Fft, W. RY9 pm,. DocuSlgn EnvelcpelD DA544507-17ES4084-BFBB-E151DD475FE4 Property Address 2975 E. 60th Pl. #S , Huntington Park, CA 90255 Date Jul IS 2017 G. BOUNDARIES, ACCESS AND PROPERTY USE BY OTHERS ARE YOU (SELLER) AWARE 0 1. Surveys, easements, encroachments or boundary disputes [ j Yes (vj 4O 2. Use or access to the Property, or any part of it, by anyone other then you, with or without permission, for any purpose, Including but not limited to, using or maintaining roads, � � driveways or other fcrtlts of ingress or egress or other travel or drainage ......................... ( ( Yes (� ! ry 3. Use of any neighboring property by you ... ( ) Yes [No Explanation /' s4t $ G/�,?/TcF! /�t/3��iCMiYl7a7'f! H. LANDSCAPING, POOL AND SPA: ARE YOU (SELLER) AWARE 0�,. 1. Diseases or infestations affecting trees, plants or vegetation on or near the Property .... .......... ( ] Yes ( o 2. Operational sprinklers an the Property .................. .... ............................ { J Yes (a) If yes, are they [ j automatic or ( ] manually operated. (b) If yes, are there any areas with trees, plants or vegetation not covered by the sphnklar system .... ( 3. A pool heater on the Property j Yes .......................................................... ( ]Yes( If yes, is it operational? .......... .. ( j Yes [ j No 4. A spa heater on the Property ................................. ( ]Yes (�c If yes, Is it operalonal? ............. [ ] Yes ( ] No S. Past or present defects, leaks, cracks, repairs or other problems with the sprinklers, pool, spa, waterfall, pond, stream, drainage or other vrater-related decor Including any ancillary equipment, Including pumps, fillers, heaters and cleaning systems, even if repaired ( j Yes (,-fNo Explanation: j1Z etSd57 i2�✓/En/ j/��4 I OC i . $�i� G,P �yj{-S I. CONDOMINIUMS, COMMON INTEREST 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 lines or violations issued by a Homeowner Association or Architectural Committee affecting the Property .................................. [ ] Yes [,,J No 2. Any declaration of restrictions or Architectural Committee that has authority over Improvements made on or to the Property ............. . .. ........................................ [ ] Yes 3, Any Improvements made on or la the Property without the required approval of an Architectural Committee or Inconsistent with any declaration of restrictions or Architectural Commitee requirement .................. .... ...................................... ( j Yes ( VfNc Explanation: /`�EifSE iP.=✓/�yl/ �r�pt� i -S 5�71�iP Al J. TITLE, OWNERSHIP LIENS, AND LEGAL CLAIMS: ARE YOU (SELLER) AWARE,� 1, Any other person or entity on We other than Seller(s) sigNng this form ..... .. . ........... [ j Yes [ %, w 2. Leases, options or claims affecting or relating to title or use of the Property ... , .. . ..... I . ..... ( j Yes ( �ryo 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 ............. ...... ( 4. Any private transfer fees, triggered by a sale of the Property, in favor of private parties, charitable j Yes ( LJ'No I organizations, Interest based groups or any other person or entity ....... ............ ........ ( j Yes [ 4No S. Any PACE lien (such as HERO or SCEIP) or other Gen on your Property securing a loan to pay for an alteration, modification, replacement. Improvement, remodel Property?. / or material repair of the ( j Yes [ V No 6. The cost of any atterallon, modification, replacement, Improvement, remodel or material repair of the Property being paid by an assessment an the Property tax bill? ......... ( ) Yes [,,f/N� Explanation: K. NEIGHBORHOOD: ARE YOU (SELLER) AWARE OF... 1. Neighborhood noise, nuisance or other problems from sources such as, but not limited to, the lollowing: neighbors, traffic, parking congestion, airplanes, trams, light rail, subway, trucks, Buyer's Initials L' P ) I Ds Sellers weCCFals ) SPO REVISED 12116 (PAGE 3 OF 4) SELLER PROPERTY QUESTIONNAIRE (SPQ PAGE 3 CIF 4) 2 F CCueeO.,��igrertm0 �f :.:r..%4�' r'-Or:; FHeen sue Po,A, F,afu t✓Cyu, adD:4 g.'. ..+haw. reT lia,ul..l �..ax'� ComuSlgn Envelope ID OA5445D7-17EB;O84-EFBB•E151D0475FE4 Properly Address: 2915 E. 60th P1. NS Huntington Park, CA 90255 Date: July 18, 2017 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, construct on air conditioning equipment, air compressors, generators, pool equipment or appliances, underground gas pipelines, cell phone towers, high voltage transmission lines, or wildlife (�es ( j No Explanation: Z>,} 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 .. . . ...... 3. Existing or contemplated building or use moratoria that apply to or could affect the Property .. ...... ( i (v4p'N [ ) Yes [,,,rNc 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 ....................... ..... . .. .. , .... 5. Proposed construction, reconfiguration, or closure of nearby Government facilities or amenities ( ] Yes [VNo such as schools, parks, roadways and traffic signals ........... ... . ... . . . ....... ( ] Yes ] No 8. Existing or proposed Government requirements affecting the Property (i) that tall grass, brush or other vegetation be cleared; (1i) that restrict tree (or other landscaping) planting, removal or cutting or (III) that flammable materials be removed ...................... .. . . ... . ..... ( ] Yes ( VI'No 7. Any protected habitat for plants, trees, animals or insects that apply to or could affect the Property............................................................... ( IYes (1/]Nu 8. Whether the Property is historically designated or falls within an existing or proposed Historic District......................................................... ( )Yes [✓j No 9. Any water surcharges or penalties being Imposed by a public or private water supplier, agency or utllity; or restrictions or prohibitions On wells or other ground water supplies .... ... .. ....... ( ] Yea ( No Explanation: PLAF5f4�� Ev/fit y�yD/f DoC.S. M. OTHER: ARE YOU (SELLER) AWARE OF 1. Reports, inspections, disclosures, warranties, maintenance recommendations, estimates, studies, surveys or other documents, partairting to (1) the condition or repair of the Property or any Improvement an this Property in the past, now or proposed, or (li) easements, encroachments or boundary disputes affecting the Property whether oral or in writing and whether or not provtdad to the Seller..... .......... (If yes, provide any such documents In your pgrtusion Io Buyer.) 2. Any occupant of the Property smoking on or in the Property.... 3. Any past or present known material facts or other significant Items affecting the value or desirablllty of the Property not othervrise disclosed to Buyer . . . . Explanation: Pt,�i¢ ��t//�—tt/ 171a1{ 00.^S . ( ] Yes [✓rN. ( ] Yes (vfNo ( ]YesVfN� VI. [ ) (IF CHECKED) ADDITIONAL COMMENTS: The attached addendum contains an explanation or additional comments in response to specific questions answered 'yes' above Refer to file 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 Setter's knowledge as of the date signed by Heller. Sailer acknowledges p) Seller's obligation to disclose informatlon requested by this form Is Independent from any duty of disclosure that a real estate licensee may have In this transaction; and (h) nothing that any such real estate licensee does or says to IloPM140ma Seller from hisfher own duty of disclosure. Seller G.rLj F.x.(ixe Date 10/12/2017 Seller rne�nwrc�aoo Date By signing below, Buyer acknowledges that Buyer has read, understands and has racelved a copy of this Seller Property Questlonnal for Buyer Date io/) Buyer Date (1Il O M-21316 Caftirne Amooittm of REALTORM Inc THIS FOFIA HAS BEEN APPROVED Ity THE CALIFORNIA ASSOCIATION OF REVLTORsia (CAR.I NO REPRF (fATION is WIDE 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 STATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE CONSULT AN APPROPRIATE PROFESSIONAL Pubi shed rand D'slnbu" by REAL ESTATE BUSINESS SERVICES, WC. >r s+5sdwry of ft CAUPORN/A ASSOCIATION OF REALTORSS 525 South VGpil Avenue Los Angeles. CaHomla gOM Revlry rd by Dad om SPQ REVISED 12/16 (PAGE 4 OF 4) m SELLER PROPERTY QUESTIONNAIRE (SPQ PAGE 4 OF 4) f4aucrd li*F=70"t1PLoga tedrd FIR n"Rn d.Fran+ u:n;,ntzm w :cam VatiuN COCUSIGn Enveicpe 10 0A544507.17E8-4Cd4-8F5B•E151u0475FE4 t . 4k i'ALIF0RNi:: ea 5 5 0 C I A I' l 0 N REAL ESTATE TRANSFER DISCLOSURE STATEMENT ,* (CALIFORNIA CIVIL CODE §1102, ET SEQ.) ®� OF R L A L T O R S (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 2015 E. 60th Pl. #S Huntington Perk, 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) August 25, 2017 . IT IS NOT A WARRANTY OF ANY KIND BY THE SELLER(S) OR ANY AGENT(S) REPRESENTING ANY PRINCIPAL($) IN THIS TRANSACTION, AND 13 NOT A SUBSTITUTE FOR ANY INSPECTIONS OR WARRANTIES THE PRINCIPALS) 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 transacbon (For example: special study zone and purchase -money liens on residential property). Substituted Disclosures: The following disclosures and other disclosures required by law, including the Natural Hazard Disclosure ReporUStatemeni that may Include airport annoyances. earthquake, fire, flood, or special assessment information, have or will be rnade in connection with this real estate transfer, and are intended to satisfy the disclosure obligations on this form, where the subject matter Is the some Inspection reports completed pursuant to the contract of sale or receipt for deposit. Additional Inspection reports or disdoswes: 11. SELLER'S INFORMATION The Seller discloses the following information with the knowledge that even though this is not a warranty, prospecirm Buyers may rely on this Informaticn In deciding whether and on what terms to purchase the subject property. Seller hereby authorizes any agents) representing any principai(s) In this transaction to provide a copy of this statement to any person or entity In connecUun 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 CONTRAq BETWEEN THE BUYER AND SELLER. Seller NVis notoccupying the Home A The subject property has tho trams chocked below: ✓R�ssnrt9a Walwrindow Air Conditioning ✓p.l: %/Oven Sprinklers operove ✓Public Sewer Systam CMd Rasistant Barrier 1140o1/Spa Heater. ishwa her Septic Tank twsh Compactor Sump Pump Gas Solar Electric 'Aaler Healer. ✓�agsDisposal �tarSoftener Gas Solar le Mc %^ashartDryer Haokups VIRat)orDecking Water SLpply, Rain Gutters Bu:H-In Barbecue VtIty Weil tar Alarms Gazebo Private Utility or fattier Monoxide ca(s) Gala(3) Smoke Other itctor() Gardnty re Alarm It.ed Not Attached c�pwY: ity Bottled (Tank) Anlama Corport IMI(s Dish ndow Screens tomatic Garage Door Openers) Wlndow Security Bars 1 m � Number Remote Controls Quick Release Mechanism or 1 Heating V/Sauna Bedroom Bedroom Windows Air CondtlorkV Hot TuWSpa: Water -Conserving Plumbing Faturas Evaporator Coolers) Locidng Safety Cover Exhaust Fan(s) In 220 Volt wlrinQ in Flreplace(s) In Gas Starter Roorys): Type: Age: (approx.) Other* Are there, to the best of your (Sellars) knowledge, any of the above that are not In operating conditton7 <fe-sDNo. If yes then describe. (Attac h additional sheets If necessary): ,BHREiz'YR A-44"R/y� ITIIA'9�1r_ (•aae note on page 2) os Buyers Initlais ( Seliers Ufibah ( CCF' I 01191 •7014, C4lrom4 Agdoatal d RMTOFM TDS REVISED 4f14 (PAGE 1 OF 3) Rwiewedby Dale ea REAL ESTATE TRANSFER DISCLOSURE STATEMENT (TDS PA(3E 1 OF 3) re i., 11 _, d n rektldl C51 :1'{ F C,WW PradK - �r �. - .,... r , ,.. - :Olt OecuSz Envelope ID OA;r4.45C7-17E8-084•13F89•Et5;DD4T5FE4 Property Address: 7915E 60th PI MS, HuatJngtan Park CA 90I55 Dale. August 25, 2017 9. Are you (Seller) aware of any significant dafeciSimalfunctions in any of the following? Yes No f yes, check appropriate space(s) below. Interior Walls Ceilings Floors Exterior Walls Insulation Roof(s) Windows Doors Foundation Slab(s) Driveways Sidewalks WallslFences Electrical Systems PlumbingiSewerarSeptics 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 6 (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 ArJcie 2.5 (commencing with Section 115920) of Chapter 5 of Part 10 of Otvisi0n 104 01, the Health and Safety Code. Window, security bars may not have quick-ralaase 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 twin 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 bunt 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 Cade. 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 soli or water on the subject prop arty ..................................... ...... Yes 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 o 3. Any encroachments, easements or similar matters that may affect your Interest in the subject property ...... Yes o 4. Room additions, structural modifications, or other alterations or repairs made without necessary permits ... Yes o S. Room additions, structural modifications, or other alterations or repairs not in compliance with building codes Yes 6. FIR (compacted or otherwise) on the property or any portion [hereof... , , .. , , . , .. , Yes 7. Any settling from any cause, or slippage, sliding, or other soil problems .. Yes 6. Flooding, drainage or grading problems .. . ...................... Yes 9. Major damage to the property or any of the structures from fire, earthquake, floods, or landslides ..... Yes Na 10. Any zoning violations, nonconfomning uses, violations of'setback' requirements ......... .... Yes 11. Neighborhood noise problems or other nuisances ..................... . Yes N . . .......... 12. CC3R1s or other dead restrictions or obligations .................. Y o 13. Homeowners' Associafl0n which has any authority over the sut4ecl property ........... e 14. Any *common area" (facilities such as pools, tennis courts, walkways, or other areas co -owned In undivided Interest with others) .......... . ............ as No 15, Any notices of abatement or citations against the properly ... . . .. , . '...... .... . . ... . . . . .. . . . .. Yes C-13D 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 goo threatening to or affedrig 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 to unotvided Interest �� with others ....... . .......... ........... , , ................. .. . Yes ED If the answer to any of these is yes, explain. (Attach additional sheets if necessary.), 13.14. Under HOA 1. The Seiler cerufles that the property, as of the close of escrow, win be in compliance with Section 13113.8 of the Health and Safety Code by having operable smoke delector(s) which are approved, listed, and installed in accordance with the Stale Fire i Urshars regulations and applicable local standards 2. The Seger certifies that the property, as of the Case of escrow, will be In compliance wrth Section 19211 of the Health and Safety Code by having the water healer tank(s) braced. anchored, or strapped in place In accordance with applicable law. Buyers 1niUals ( L4 ) ( TDS REVISED 4114 (PAGE 2 OF 3) os Seller's Initials CF It Rift ed by Oale REAL ESTATE TRANSFER DISCLOSURE STATEMENT (TDS PAGE 2 OF 3) tu�0 %aot.o�. 100 KLMVn44026 err 11-P W JccuS:gnEnvelcx10 OA544507-17E8-tr84-BFSB-E15100475FE4 PrcP" Address: 2915 E 60th Pi #S . Huntington Park, CA 90255 Date August 25, 2017 Seller co flee $A'�{'Si °Prifonnalbn heroin is true and correct to the bast of the Seller's knowledge as of the date signed& th�;gjS Seller L�rto F.,A,U,u Date /1 /I Seller u Date 111. AGENTS INSPECTION DISCLOSURE (To be completed only it 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 Representng Seller) Century 21 ABstars By Saud;GfzeZ Date 10/24/2017 (Please Prim (Associate Licenses or Broker Signature) Luther Sench9z W. AGENTS INSPECTION DISCLOSURE (To to 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 Apenl Visual Inspection Disclosure (AVID Form) Agent notes no Items for disclosure Agent moles the Wk wing Items Agent (evoker obta;ning the onar) ENLV Li ko u P (Please Print) By D i1e (Also lJcensee or Broker Signature ,k—Eylly WAN 6-1 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 ADVICEANSPECTIONSIDEFECTS. uWE !DOE RECEIPT OF A COPIrIMMTATEMENT, Seller I,wrioJ .!DOE YY�� Buyer Date Shier auevruww Dale uyer a Agent (Broker Repreeentng Seller) Century 21 ANsrars By Ll i. A&r S6tnG{u-z- Date 10/24/2017 (Please Print) (Assarlate Llcenseo or Broker Stgnatum) Luther Sanchez Agent (Broker Oblabdng the Offer) C H L V C�do L By 9n Date (Please Print) (Assoda nsee or Broker S; etude y SECTION 1102.3 OF THE CIVIL CODE PROVIDES A BUYER WITHTHERIGHT 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 1S QUALIFIED TO ADVISE ON REAL ESTATE. IF YOU DESIRE LEGAL ADVICE, CONSULT YOUR ATTORNEY. Oteet •tou. Ca4Wn$ A—d.Cw or REALTOR5e LX TMS FO" NAS 9EFN APPROVED BY TdE CAL FORMA ASSOCIATON OP REALTORSC {C AA I NO REPRESFMATON a MADE AS 70 iHH LEGAL- VALO?I OR ACCIRiACv OF Am MDv95rON IN AM 5PECF:C TRANSACTION A REAL ESTATE FROKER (5 THE PERSON OUALWn To ADVISE ON pELL MATE TRANSACTIONS rr YaUDESIRELEGAL OR TAX AOVICe CONSULF AN MTRopRA EP 10FESS'awl ad led try REAL ESTATE 8USjNESS SEAvtOeS I,ti� e Jbb& soy orftro Cairnnda A>rmerehen cfREALT0RSV r 525 South Vupk Avenue Los Angeles, CarltorAta SCO20 a+nAaAar ..ao, . TOS REVISED 4114 (PAGE 3 OF S) Rw.eYVM ei Dale REAL ESTATE TRANSFER DISCLOSURE STATEMENT (TDS PAGE 3 OF 3) PIN.. tFm14bb1n0loe. 17-70F5l c AI R— F.�7C AKRS�e 1:UT6 ,a tcn CccuSwgnE:velopeto CA544507-17EB-40E4-BFB&E151DD475.-E4 rI found the booklet, The Harneowit er's Guide to Environmental Ha;ards and Earthquake Safer)' 1 (wilh gas shill-offvalve update) which includes the Federal Lead buuklet rind Tu.ric hlold Updnte: I I Helpful 1 P Clearly written 1 Too detailed Confusing Not detailed enough 1 I I t The booklet helped me to locale earthquake weaknesses in my home I have strengthened my home to resist earthquakes t I plan to fix my home's earthquake weaknesses. The booklet helped me find out that my home did not have any eanliquake weaknesses. 1 1 The year my home was built was 1 I I 1 Cnr,uricnts. 1 1 N Ilea/ To Hear Front You! - - Califoinia Seismic Safety Commission 19Go K Street, Suite too Sacramento, California 95814-4186 ------------------------------------------------------- To Whom It May Concern I have received a copy of the Environmental Hazards and Earthquake Safety (with gas shut-off valve update) which includes the Federal Lead booklet and Toxic Mold Update, and Home Energy Rating booklet. Dale Time JJ te,ryu) Yen.i.nl IOrinwwr n.Pwl DateyVl2`�� CF✓;N LIrnNG , CfiL✓ teu,a, A _ t5� Rd 10 9.rt1't .I�Mluiq IVIb,{{C Morel iab..r. n.nnt 1•l NOTE: For applicable transactions, it is also necessary to complete C.A.R. Standard form FLD-11 (Lead -based paint and Lead -based paint Hazards Addendum, Disclosure and Acknowledgement.) ALL SIGNERS SHOULD RETAIN A COPY OF THIS PAGE FOR THEIR RECORDS California Civil Code Section 2079.10 states Ihat if the HERS booklet is provided to the Buyer by the Seller or Broker, then this booklet is deemed to be adequate to inform the home buyer about the existence of Cal fornia Home Energy Rating Program. . _ _ ________ _ _ _ _ _ _ _ _ _ _ Rev,.e0 0WI0 dNCW e A R ' Pubw ca.on 09 wo ---------------- To Whom It May Concern: I have received a Copy of the Environmental Hazards and Earthquake Safety (with gas shut-off valve update) which includes the Federal Lead booklet and Toxic Mold Update, and Home Energy Rating booklet. Property Address 2915 E. Oft PI. Unit S Huntington Park CA DaIgII212017 Time Date Time L_.L, F:.1:.. Carlos Fandino rNrNr. A00?C49 1pini.e—) —>79�rAaarc�s.oa "" Kn.—WO-1 innn,.a aim.) Date 1011212017 Lct��W SA#tdG&Z Luther Sanchez Century 21 Allstars ilJWnp 49.11f 09.0,nl tp,w,*d mm) 41i n..nxl NOTE: For applicable transactions, it is also necessary to complete C.A.R. Standard form FLD-11 (Lead -based paint and Lead -based paint Hazards Addendum, Disclosure and Acknowledgement) ALL SIGNERS SHOULD RETAIN A COPY OF THIS PAGE FOR THEIR RECORDS California Civil Code Section 2079,10 states trial it the HERS booklet is provided to the Buyer by the Seller or Broker then this booklet ,s deemed to be adequate to inform the home buyer about the existence of California Home Energy Rat ng Program RO"Sild K I C 01CAP 'Pub cm on 09,10 OccuSign Envelope ID! OA544507.17E8.4084-BFB&E15lDD475FE4 Residential Earthquake Hazards Report (2005 Edition) City of Vemon 6310-023-270 ateeeT17eAr!! fUx evat 2915 E. 60th PI. #S Huntington Park, CA 1985 Uri' 4e C• VfT1 aaccoc Huntington Park, Los Angeles 90058 Answer these questions to the hest 01110,n knowledge, It you do not have actual knowledge as to whellier the weakness ousts, answer 'Don't Know • It your house does not havo the feab.re, answer'Doesn t Apply • The page numbers .n the right-hand column indicate where In this guava you can rued ulformalton an each Of these features Doesn't Denl sec es'/1�o Apply Know Paao YVE3 1 Is the wafer heater braced, strapped, or anchored to resist Wittig during an earthquake? ❑ Cl12 2. Is Ina house anchored at balled to the foundaban'r ❑ ❑ 14 U 3. n the house has cripple wags O • Are the eslenor cripple wales braced? ❑ ❑ ❑ 76 m • If the •loner foundation consists of urconneaed concrete liters and posts, have 10 they been slrenglltencO Cl ❑ ❑ 2' 1B a 4 If the exiarior foundation Of part of d, LS made of urvtmlon:ed masonry, has it Oaen w slrengthartea7 ❑ ❑ ❑ ®/ 20 to ,Q 5 If the house Is bull an a luhsida. • Are the exterior tali foundation wales brand? ❑ ❑ ❑ � P2 O • t4txe the all pasts or columns ether bu It to resist earthquakes or have they been / suanginenad7 ❑ o ❑ Q/ 21 ` 6. W Ina exterior wells or Inc house, or part of Them, are Wade of unreullorttd masonry cy / 0 � have they been strengthened? El ❑ ❑ l.J 24 C 7. It Ina house has a lying area aver the garage, was he wall around the r garage door O opening either bat to tes st earthquakes or has l been Strengthened?❑ ❑ ❑ �26 a S. Is the hataa sutLde an Alquisi•Piioto Earthquake Fault tone (zones Immediately 70 6e reported ail the 76 A surrounding known earthquake louses)? Natural Hazards Disclosure m g to the hausa oulvde a Sasmic Haxad Zone (zone rden;rfied as susceptible M kpiwlbctfon Rapon 36 b i or farldsadatg)? �V►�svr��es %a �i�sr�� - 9 uv�;,s�r.►�v r��.¢sE��i�w �6.9-.�i'. If any of the questions are answered'No•' the hawse is Lkely to have an earthquake weakness Oueslions answered •Don't Know' may indicate a need for funkier evalua,ion. If you torractad One or Mora of these weaknesaas, describe the work an a separate page As seLerat the property described herein. I have answered the quastions above to the bell of my knowledge in an efion to disclose (uby any polanbal eanhquaka weaknesses If may have FJtEC gay G„W F., ,, 10/12/2017 tsa rAEtAOVCe6atia -- Isele') Data 1 acknowtedgs racarpl of this font,. competed and signed by the seller I understand that if the sailor has answered Wo• to one or more quesucns, o r a tech of krawtedge. there may be one or more eanhquaka weaknesses in this house. }d t4 12 I _ tauyer) lauytvl Date This earthquake disclosure Is made to addition to the standard real *slats transfer disclosure statement also required by law. The Homeowner's Guide to Earthquake Safety 47I * * * OLD REPUBLIC TITLE COMPANY ** * * * A MEMBER OF THE OLD REPUBLIC TITLE INSURANCE GROUP 9155 Telegraph Rd. Suite 105, Pico Rivera, Ca 90660 562-942-7652 SUPPLEMENTAL REPORT Date: 11/8/17 To: Concierge Escrow 12631 E Imperial Hwy A-215 Santa Fe Springs, CA go670 Your Reference: 5044 Our Order number 2614022861-70 The above numbered report (including any supplements or amendments thereto) is hereby modified and/or supplemented in order to reflect the following changes. Please be advised items #12 thru 15 of our report dated 10/18/2017 will not show on our policy of title insurance when issued. Old Republic Title Veronica Loaiza-Concetti for David Boswell Title Officer cc: ORDER NO.: 2614022861 EXHIBIT A The land referred to is situated in the County of Los Angeles, City of Huntington Park, State of California, and is described as follows: Lot 22 of Tract No. 43028, in the City of Huntington Park, County of Los Angeles, State of California, as per Map Recorded in Book 1042, Page(s) 3 to 6 inclusive of Maps, in the Office of the County Recorder of said County. EXCEPT THEREFROM all oil, oil rights, natural gas, natural gas rights and other hydrocarbons by whatsoever name known, and all other minerals and mineral rights, whether or not similar to those herein mentioned, below a depth of 500 feet provided that Grantor shall not have any right of surface entry to drill, mine, explore or otherwise operate upon, in, through or under the land herein conveyed, in the exercise of the herein excepted and reserved rights as reserved by Edith A. Smith, in Deed Recorded August 18, 1983, as Instrument No. 83-958085, by Luis M. Guzman, in Deed Recorded June 17, 1983, as Instrument No. 83-683479, by Anna E. Erman in Deed Recorded June 6, 1983, as Instrument No. 83-628245, by Manuel De Leon and Maria De Leon, Roberto Garcia and Yolanda Garcia, in Deed Recorded August 8, 1983 as Instrument No. 83-910106, by Efrain Arellano and Elva Arellano, husband and wife and Efrain Antonio Arrellano, a single man, in Deed Recorded September 13, 1983, as Instrument No. 83-1070195, by Francisco Fonseca and Josefina Fonseca, in Deed Recorded August 25, 1983, as Instrument No. 83-989092, by Edward H. Olson, in Deed Recorded August 23, 1983, as Instrument No. 83- 997128, by Ronald L. Vasquez and Constance Mae Vasquez, Verla Botkin and Lorraine Botkin, in Deed Recorded July 7, 1983, as Instrument No. 83-769579 and 83769580 and by Noel Valentin Bernal and Graciela Bernal, in Deed Recorded September 26, 1983, as Instrument No. 83- 1131450, all of Official Records. APN:6310-023-270 Page 1 of 1 OLD REPUBLIC 41 TITLE COMPANY 9155 Telegraph Road #105 Pico Rivera, CA 90660 (562)942-7652 PRELIMINARY REPORT Concierge Escrow Service 12631 E. Imperial Hwy., Bldg. "A", #213 Santa Fe Springs, CA 90670 Phone: (949) 954-6571 Fax: (949) 954-6575 Attention: LETTY ASCENCIO Property Address: UPDATE Our Order Number 2614022861-70 When Replying Please Contact: 2915 East 60th Place #S, Huntington Park, CA 90255 Dave Boswell title0l.la@ortc.com Ph: (562) 942-7652 Efax: (562) 395-5562 In response to the above referenced application for a policy of title insurance, OLD REPUBLIC TITLE COMPANY, as issuing Agent of Old Republic National Title Insurance Company, hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy or Policies are set forth in Exhibit I attached. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the Homeowner's Policy of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit I. Copies of the Policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit I of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. Dated as of October 18, 2017, at 7:30 AM OLD REPUBLIC TITLE COMPANY For Exceptions Shown or Referred to, See Attached Page 1 of 9 Pages r)PT zica_e fD.,, nol-- OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE The form of policy of title insurance contemplated by this report is: Homeowners Policy of Title Insurance - 2013; and ALTA Loan Policy - 2006. A specific request should be made if another form or additional coverage is desired. The estate or interest in the land hereinafter described or referred or covered by this Report is: Fee Title to said estate or interest at the date hereof is vested in: City of Vernon The land referred to in this Report is situated in the County of Los Angeles, City of Huntington Park, State of California, and is described as follows: Lot 22 of Tract No. 43028, in the City of Huntington Park, County of Los Angeles, State of California, as per Map Recorded in Book 1042, Page(s) 3 to 6 inclusive of Maps, in the Office of the County Recorder of said County. EXCEPT THEREFROM all oil, oil rights, natural gas, natural gas rights and other hydrocarbons by whatsoever name known, and all other minerals and mineral rights, whether or not similar to those herein mentioned, below a depth of 500 feet provided that Grantor shall not have any right of surface entry to drill, mine, explore or otherwise operate upon, in, through or under the land herein conveyed, in the exercise of the herein excepted and reserved rights as reserved by Edith A. Smith, in Deed Recorded August 18, 1983, as.Instrument No. 83-958085, by Luis M. Guzman, in Deed Recorded June 17, 1983, as Instrument No. 83-683479, by Anna E. Erman in Deed Recorded June 6, 1983, as Instrument No. 83-628245, by Manuel De Leon and Maria De Leon, Roberto Garcia and Yolanda Garcia, in Deed Recorded August 8, 1983 as Instrument No. 83-910106, by Efrain Arellano and Elva Arellano, husband and wife and Efrain Antonio Arrellano, a single man, in Deed Recorded September 13, 1983, as Instrument No. 83-1070195, by Francisco Fonseca and Josefina Fonseca, in Deed Recorded August 25, 1983, as Instrument No. 83-989092, by Edward H. Olson, in Deed Recorded August 23, 1983, as Instrument No. 83-997128, by Ronald L. Vasquez and Constance Mae Vasquez, Verla Botkin and Lorraine Botkin, in Deed Recorded July 7, 1983, as Instrument No. 83-769579 and 83769580 and by Noel Valentin Bernal and Graciela Bernal, in Deed Recorded September 26, 1983, as Instrument No. 83- 1131450, all of Official Records. APN:6310-023-270 e2of9 OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE At the date hereof exceptions to coverage in addition to the Exceptions and Exclusions in said policy form would be as follows: 1. Taxes and assessments, general and special, for the fiscal year 2017 - 2018, as follows: Assessor's Parcel No Code No. 1st Installment 2nd Installment Land Value Imp. Value 6310-023-270 00594 $2,386.70 $2,386.69 $19,305.00 $295,546.00 NOT Marked Paid NOT Marked Paid 2. The lien of supplemental taxes, if any, assessed pursuant to the provisions of Section 75, et seq., of the Revenue and Taxation Code of the State of California. 3. Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 6712 of Deeds, Page 274 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded . in Book 29001 of Official Records, Page 372 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 3 of 9 Pages OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded . in Book 1680 of Official Records, Page 198 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded . in Book 29001 of Official Records, Page 372 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded . in Book 3027 of Official Records, Page 283 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. 4 of OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded . in Book 29001 of Official Records, Page 372 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 6. Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 8116 of Official Records, Page 1 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded in Book 29001 of Official Records, Page 372 5 of 9 OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded . in Book 29001 of Official Records, Page 372 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." An easement affecting that portion of said land and for the purposes stated herein and incidental purposes as provided in the following For Underground electrical supply systems and community systems (hereinafter referred to as "systems'), consisting of wires, underground conduits, cables, vaults, manholes, hndholes, and including above -ground enclosures, markers and concrete pads and other appurtenant fixtures and equipment necessary or useful for distributing electrical energy and for transmitting intelligence by electrical means Recorded July 26, 1985 in Official Records As Instrument No. 85-862122 Affects As described therein 6of9 OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE An easement affecting that portion of said land and for the purposes stated herein and incidental purposes as provided in the following For Underground communication facilities as grantees may from time to time require (including ingress thereto and egress therefrom) consisting of wires, cables, conduits, manholes, handholes and aboveground markers, pedestals, terminal equipment cabinets, other associated electrical conductors and necessary fixtures and appurtenances Recorded September 5, 1985 in Official Records As Instrument No. 85- 1026173 Affects As described therein 10. Matters in an instrument that, among other things, contain or provide for easements, assessments, liens and their subordination, covenants, conditions and restrictions, which provide that no violation thereof and no enforcement of any lien provided for therein shall defeat or render invalid the lien of a mortgage or deed of trust made in good faith and for value, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped person. Recorded : November 4, 1985 in Official Records As Instrument No. 85-1305505 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 1295S, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." Matters as contained or referred to in an instrument, Entitled "Certificate of Correction" Executed By Jacob F. Rems Dated May 1, 1987 Recorded June 3, 1987 in Official Records As Instrument No. 87-877578 Which Among Other Things 'This correction affects Sheets 2 and 4 of Tract No. 43028, Recorded Provides in Book 1042, Pages(s) 3 to 6 of Maps." 7 of 9 ORT 3158-6 OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE 12. We find no open Deeds of Trust of record. Please verify by inquiry of Escrow Personnel and/or Agents whether or not we have overlooked something and advise the Title Department accordingly prior to closing. 13. The requirement that satisfactory evidence be furnished to this Company of compliance with applicable statutes, ordinances and charters governing the ownership and disposition of the herein described land. 14. The requirement that this Company be provided with an opportunity to inspect the land. The Company reserves the right to make additional exceptions and/or requirements upon completion of its inspection. 15. The Homeowner's Policy applies only if each insured named in Schedule A is a Natural Person (as Natural Person is defined in said policy). If each insured to be named in Schedule A is not such a Natural Person, contact the Title Department immediately. Informational Notes ------------------- A. The applicable rate(s) for the policy(s) being offered by this report or commitment appears to be section(s) 1.1 & 2.1. B. The above numbered report (including any supplements or amendments thereto) is hereby modified and/or supplemented to reflect the following additional items relating to the issuance of an American Land Title Association loan form policy: NONE NOTE: Our investigation has been completed and there is located on said land a single family residence (planned unit development) known as 2915 East 60th Place #S, City of Huntington Park, County of Los Angeles, California 90255. The ALTA loan policy, when issued, will contain the CLTA 100 Endorsement and 116 series Endorsement. Unless shown elsewhere in the body of this report, there appear of record no transfers or agreements to transfer the land described herein within the last three years prior to the date hereof, except as follows: NONE 8 of 9 ORT 31SS-B OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE C. All transactions that close on or after March 1, 2015 will include a $20.00 minimum recording service fee, plus actual charges required by the County Recorder. Page 9 of 9 Pages ORT 3158-B Exhibit I CLTA HOMEOWNER'S POLICY OF TITLE INSURANCE (12/02/13) ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE EXCLUSIONS In addition to the Exceptions in Schedule B, You are not insured against loss, costs, attorneys' fees, and expenses resulting from: 1. Governmental police power, and the existence or violation of those portions of any law or government regulation concerning: a. building,- b. zoning; C. land use; d. improvements on the Land; e. land division; and f. environmental protection. This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27. 2. The failure of Your existing structures, or any part of them, to be constructed in accordance with applicable building codes. This Exclusion does not limit the coverage described in Covered Risk 14 or 15. 3. The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17. 4. Risks: a. that are created, allowed, or agreed to by You, whether or not they are recorded in the Public Records; b. that are Known to You at the Policy Date, but not to Us, unless they are recorded in the Public Records at the Policy Date; C. that result in no loss to You; or d. that first occur after the Policy Date - this does not limit the coverage described in Covered Risk 7, 8.e., 25, 26, 27 or 28. 5. Failure to pay value for Your Title. 6. Lack of a right: a. to any land outside the area specifically described and referred to in paragraph 3 of Schedule A; and b. in streets, alleys, or waterways that touch the Land. This Exclusion does not limit the coverage described in Covered Risk 11 or 21. 7. The transfer of the Title to You is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy, state insolvency, or similar creditors' rights laws. 8. Contamination, explosion, fire, Flooding, vibration, fracturing, earthquake or subsidence. 9. Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances. LIMITATIONS ON COVERED RISKS Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows: For Covered Risk 16, 18, 19, and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A. The deductible amounts and maximum dollar limits shown on Schedule A are as follows: Your Deductible Amount Our Maximum Dollar Limit of Liability Covered Risk 16: 1.00% of Policy Amount or $5,000.00 $25,000.00 (whichever is less) Covered Risk 18: 1.00% of Policy Amount or $5,000.00 $25,000.00 (whichever is less) Covered Risk 19: 1.00% of Policy Amount or $5,000.00 $25,000.00 (whichever is less) Covered Risk 21: 1.00% of Policy Amount or $5,000.00 $25,000.00 (whichever is less) Page 1 of 2 Exhibit I AMERICAN LAND TITLE ASSOCIATION LOAN POLICY OF TITLE INSURANCE - 2006 EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 13, or 14); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing -business laws of the state where the Land is situated. 5. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth -in -lending law. 6. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy. 7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b). EXCEPTIONS FROM COVERAGE — SCHEDULE B, PART 1, SECTION ONE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) that arise by reason of: 1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. The types of personal information we collect and share depend on the product or service you have with us. This information can include: • Social Security number and employment information • Mortgage rates and payments and account balances • Checking account information and wire transfer instructions When you are no longer our customer, we continue to share your information as described in this notice. All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Old Republic Title chooses to share; and whether you can limit this sharing. Does • . Republic Can you Reasons we can share your personal information Title share? this sharing? For our everyday business purposes — such as to process your transactions, maintain your account(s), or respond to court orders and Yes No legal investigations, or report to credit bureaus For our marketing purposes — No We don't share to offer our products and services to you For joint marketing with other financial companies No We don't share For our affiliates' everyday business purposes — Yes No information about your transactions and experiences For our affiliates' everyday business purposes — No We don't share information about your creditworthiness For our affiliates to market to you No We don't share For non -affiliates to market to you No We don't share • Go to www.oldrepublictitle.com (Contact Us) Who is providing this notice? I Companies with an Old Republic Title name and other affiliates. Please see below for a list of affiliates. What we .. How does Old Republic Title protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. For more information, visit http://www.OldRepubIicTitle.com/newnationaI/Contact/privacy. How does Old Republic Title We collect your personal information, for example, when you: collect my personal information? . Give us your contact information or show your driver's license • Show your government -issued ID or provide your mortgage information • Make a wire transfer We also collect your personal information from others, such as credit bureaus, affiliates or other companies. Why can't I limit all sharing? Federal law gives you the right to limit only: • Sharing for affiliates' everyday business purposes -information about your creditworthiness • Affiliates from using your information to market to you • Sharing for non -affiliates to market to you State laws and individual companies may give you additional rights to limit sharing. See the "Other important information" section below for your rights under state law. Definitions Affiliates Companies related by common ownership or control. They can be financial and nonfinancial companies. • Our affiliates include companies with an Old Republic Title name, and financial companies such as Attorneys' Title Fund Services, LLC, Lex Terrae National Title Services, Inc., Mississippi Valley Title Services Company, and The Title Company of North Carolina. Non -affiliates Companies not related by common ownership or control. They can be financial and non -financial companies. • Old Republic Title does not share with non -affiliates so they can market to you Joint marketing A formal agreement between non-affiliated financial companies that together market financial products or services to you. 6 Old Republic Title doesn't jointly market. Oregon residents only: We are providing you this notice under state law. We may share your personal information (described on page one) obtained from you or others with non -affiliate service providers with whom we contract, such as notaries and delivery services, in order to process your transactions. You may see what personal information we have collected about you in connection with your transaction (other than personal information related to a claim or legal proceeding). To see your information, please click on "Contact Us" at www.oldrepublictitle.com and submit your written request to the Legal Department. You may see and copy the information at our office or ask us to mail you a copy for a reasonable fee. If you think any information is wrong, you may submit a written request online to correct or delete it. We will let you know what actions we take. If you do not agree with our actions, you may send us a statement. 6310 CALE 1" — CODE 594 BELGRAVE 111P. Bi S FOR PREV. ASSMT. SEE: 1851 - 23 TRACT NO.45428 M. B. 1096 - 50 - 52 TRACT NO 43028 M.B.1042-3-6 AVE. 0 X T eo�as�tt��--ice Revis 3-2/ 7LLY/c sz�Pz7zzz a3ua_ 6�1/Ony�G t35olo 9C• 134,417-/I "09//6 BSG/26BC BL33c4G Pir000z,i. � 1GZ4J/: 67/Og90e0/30 JC B90//99¢OC2l 50 k 9ao.�i-7 V) D H m W Q ASSESSOR'S IgAP COUNTY OF LOS ANGLES. Ck EVIStU 'o1799400zool 6111-761�1`�, 4 DIAGRAMMATIC DEPICTS APPROXIMATE DIMENSIONS. THE ASSESSMENT OF UNITS IN THE FOLLOWING AIRSPACE PLANS, INCLUDES ALL RIGHTS AND INTERESTS IN THE COMMON AREAS AS SET FORTH IN DEEDS OF RECORD. AIRSPACE COMMON AREA. SUBDIVISION PLAN REFERENCE 3, AIRSPACE TRACT NO DLK LOTSI TYPE * 1859213 11.23.07 45428 I CON00 SHEET 2 * 325694 AUENOED 01-11.88 * 8202144AMENDSD 05 23 88 TYPICAL_ BUILDING DETAILS SCALE 1" = 30' S.fv 24.cf 5 _r 25.15 n.:OJ B s re 6`Y-- -- A. D I D sr4 D 25.lo _ �10 _. 5.T4�2+,10 UNITS: 4,16,22,34,40,52 UNITS: 5,17,23,35,41,53 UNITS: 6,18,74,36,42,54 REV UNITS: 7.13.25,31,46.59 REV UNITS: 9.14,26.32,17,59 REV UNITS: 9,15,27,33,48,60 2ND FLOOR s.Tr 24.10 ;a 5.)4 25.10 25.16 P— P 5. T4 i. 3r o D I D sr, D P—i r'm2'.10 IST FLOOR BELGRAVE IO. i4� 123 I 124 2 125 3 138 135 144 141 16 13 C� 22 25 448 139 I45 17 14 337 23 26 149 140 IV6 18 15 24 27 -— 14.26 132 141 10 19 1333 142 II 20 134 143 12 21 OFFICE OF ASSESSOR SCALE l": 3 COUNTY OF LOS ANGELES SHEET 20' 6 50' 6 J 1 O 156 162 IS3 34 31 168 Ilq I� 0 175 I81 53 59� (\51 35 154 32 163 41 169 47 ISS 33 IT6 182 y - 54 160V 158 36 Ib4 42 I10 48 2ND FLOOR UNITS: 1.19.37.49 UNITS: Z,20,44,56 UNITS: 3,21.39.51 REV UNITS: 1028.43.55 REV UNITS: 1129,38,50 REV UNITS: p,30,45.57 IST FLOOR SCALE I" = 50' SUBDIVISION OF AIRSPACE CONDOMINIUM TRACT NO 45428 FOR COMMON AREA SEE SHEET I. SEE RECORDED CONDOMINIUM PLANS FOR ELEVATION OF UNITS, AVE 15 16 28 37 43 41UT9 2I 5111185 15 1 6 29 38 44 50 56 2 6 3 F57 30 39 51 51 BONY LN 1.01 1 TF ND 45r26 Insured Closing Protection Letter -- Ref: 962631751 -- CA01 : OLD REPO OLIC \.Cfl(ri.►L I'It t.t? I\4l h.l\C P. CO%IM\l' Ref: 962631751 -- CA01 -- SINGLE TRANSACTION LIMITED LIABILITY Date: Tuesday, November 07, 2017 "Addressee": Broker Solutions Inc. dba New American Funding and/or its Warehouse Lender 14511 Myford Road, Suite 100 Tustin, CA 92780 Loan Number: 138517151311 Pertaining To: Eulises A Perez, a single man Premises to be covered: 2915 East 60th Place 4S ("Real Estate Transaction") Huntington Park, CA 90255 Binder/Order Number: 2614022861-70 Closing Protection Letter on Behalf of OLD REPUBLIC TITLE COMPANY 101 N. BRAND BOULEVARD 14TH FLOOR GLENDALE, CA 91203-0000 (818) 247-2917 - PHONE Old Republic National Title insurance Company 275 Battery Street, Suite 1500 San Francisco, CA 94111-3334 Phone: (916) 781-4140 Fax: (916) 313-3297 Toll Free Phone: (877) 209-2699 Old Republic Title Company 9155 Telegraph Road, Suite 105 Pico Rivera, CA 90660 (562) 942-7652 - PHONE David Boswell - AGENT CONTACT dbosweli@ortc.com To verify if this agent is in good standing, go to www.oldrepublictitle.com, select Agent Verification from the Products and Services dropdown and enter in Reference Number 962631751. The protection of this letter extends only to real estate in California. Dear Madam or Sir In consideration of Your acceptance of this letter, Old Republic National Title Insurance Company (the "Company'), agrees to indemnify You for actual loss of Funds incurred by You in connection with the closing of the Real Estate Transaction conducted by the Issuing Agent or Approved Attorney on or after the Date of this letter, subject to the Requirements and Conditions and Exclusions set forth below: REQUIREMENTS 1. The Company issues or is contractually obligated to issue a Policy for Your protection in connection with the Real Estate Transaction; 2. You are to be: a. a lender secured by the Insured Mortgage on the Title to the Land or h. a purchaser or lessee of the Title to the Land; 3. The aggregate of all Funds You transmit to the Issuing Agent or Approved Attorney for the Real Estate Transaction does not exceed the amount of Your Policy; and 4. Your loss is solely caused by: a. any failure of the Issuing Agent or Approved Attorney to comply with Your written closing instructions that relate to: Generated by Old Republic National Title Insurance -- Ref: 962631751 -- CA01 Page 1 / 4 insured Closing Protection Letter -- Ref: 96263 1751 -- CA01 A. the disbursement of Funds necessary to establish the status of the Title to the Land; or B. the validity, enforceability, or priority of the lien of the Insured Mortgage; ii. obtaining any document, specifically required by You, but only to the extent that the failure to obtain the document adversely affects the status of the Title to the Land or the validity, enforceability, or priority of the lien of the Insured Mortgage on the Title to the Land; or fi•aud, theft, dishonesty, or misappropriation of the issuing Agent or Approved Attorney in handling Your Funds or documents in connection with the closing, but only to the extent that the fraud, theft, dishonesty, or misappropriation adversely affects the status of the Title to the Land or to the validity, enforceability, or priority of the lien of the insured Mortgage on the Title to the Land. CONDITIONS AND EXCLUSIONS 1. Your transmittal of Funds or documents to the Issuing Agent or Approved Attorney for the Real Estate Transaction constitutes Your acceptance of this letter. 2. For purposes of this letter: a. "Comnuument" means the Company's written contractual agreement to issue the Policy. b. "Funds" means the money received by the Issuing Agent or ,Approved Attorney for the Real Estate Transaction. c. "Policy" means the contract or contracts of title insurance, each in a form adopted by the American Land Title Association, issued or to be issued by the Company in connection with the closing of the Real Estate Transaction. d. "You" or "Your" means: i. the Addressee of this letter; n. the borrower, if the Landis improved solely by a one -to -four family residence; and i». subject to all rights and defenses relating to a claim under this letter that the Company would have against the Addressee, A. the assignee of the Insured Mortgage, provided such assignment was for value and the assignee was, at the time of the assignment, without Knowledge of facts that reveal a claim under this letter: and B. the warehouse lender in connection with the Insured Mortgage. e. "Indebtedness," "Insured Mortgage,""Knowledge" or "Known," "Land," and 'Tide" have the same meaning given them in the American Land Title Association Loan Policy (06-17-06). 3. The Company shall have no liability under this letter for any loss arising from any: a. failure of the Issuing Agent or Approved Attorney to comply with Your closing instructions that require title insurance protection in connection with the Real Estate Transaction inconsistent with that set forth in the Commitment. Your written closing instructions received and accepted by the issuing Agent or Approved Attorney after issuing the Commitment that require the removal, where allowed by state law, rule, or regulation, of specific Schedule B Exceptions from Coverage or compliance with the requirements contained in the Commitment shall not be deemed to require inconsistent title insurance protection; b. loss or impairment of Funds in the course of collection or while oil deposit with a bank due to bank failure, insolvency, or suspension, except loss or impairment resulting from failure of the issuing Agent or Approved Attorney to comply with Your written closing instructions to deposit Your Funds in a bank that You designated by name; constitutional or statutory lien or claim of lien that arises from services, labor, materials, or equipment, if any Funds are to be used for the purpose of construction, alteration, or renovation. This Section 3.c does not affect the coverage, if any, as to any lien for services, labor, materials, or equipment afforded in the Policy; Generated by Old Republic National Title insurance -- Ref: 962631751 -- CA01 Page 2 / 4 Insured Closing Protection Lettcr -- Ref: 96263 175 1 --CA 0 1 d. defect, lien, encumbrance, or other matter in connection with the Real Estate Transaction. This Section 3.d does not affect the coverage afforded in the Policy: e. fraud, theft, misappropriation, dishonesty, or negligence by You or by Your employee, agent, attorney. or broker: f settlement or release of any claim by You without the Company's written consent; g. matters created, suffered, assumed, agreed to, or Known by You: h. failure of the Issuing Agent or Approved Attorney to determine the validity, enforceability, or the effectiveness of a document required by Your closing instructions. This Section 3.h does not affect the coverage afforded in the Policy: i. Federal consurer financial law, as defined in 12 U.S.C. § 548](14). actions under 12 U.S.C. § 5531, or other federal or state laws relating to truth- in- lending, a borrower's ability to repay a loan, qualified mortgages, consumer protection, or predatory lending, including any failure of the issuing Agent or Approved Attorney to comply with Your closing instructions relating to those laws; j. federal or state laws establishing the standards or requirements for asset -backed securitization including, but not limited to, exemption from credit risk retention, including any failure of the issuing Agent or Approved Attorney to comply with Your closing instructions relating to those laws; k. periodic disbursement of Funds to pay for construction, alteration, or renovation on the Land relating to the Real Estate Transaction; or I. issuing Agent or Approved Attorney acting in the capacity of a qualified intermediary or facilitator for tax deferred exchange transactions as provided in Section 1031 of the internal Revenue Code. 4. If the closing is to be conducted by an Approved Attorney, a Commitment in connection with the Real Fstate Transaction must have been received by You prior to the transmittal of Your final closing instructions to the Approved Attorney. 5. When the Company shall have indemnified You pursuant to this letter, it shall be subrogated to all rights and remedies You have against any person or property had You not been indemnified. The Company's liability for indemnification shall be reduced to the extent that You have unpaired the value of this tight of subrogation. 6. The Company's liability for loss under this letter shall not exceed the least of a. the amount of Your Funds; b. the Company's liability under the Policy at the time written notice of a claim is made under this letter; c. the value of the lien of the Insured Mortgage; d. the value of the Title to the Land insured or to be insured under the Policy at the time written notice of a claim is made under this letter; or e. the amount stated in Section 3 of the Requirements. 7. The Company will be liable only to the holder of the indebtedness at the time that payment is made. This Section 7 does not apply to a purchaser, borrower, or lessee. 8. Payment to You or to the owner of the indebtedness under either the Policy or from any other source shall reduce liability under this letter by the same amount. Payment in accordance with the terms of this letter shall constitute a payment pursuant to the Conditions of the Policy. 9. The issuing Agent is the Company's agent only for the limited purpose of issuing policies. Neither the issuing Agent not the Approved Attorney is the Company's agent for the purpose of providing closing or settlement services. The Company's liability for Your loss arising from closing or settlement services is strictly limited to the contractual protection expressly provided in this letter. Other than as expressly provided in this letter, the Company shall have no liability for loss resulting from the fraud, theft, dishonesty, misappropriation, or negligence of any party to the Real Estate Transaction, the lack of creditworthiness of any borrower connected with the Real Estate Transaction, or the failure of any collateral to adequately secure a loan connected with the Real Estate Transaction. 10. in no event shall the Company be liable for a loss if the written notice of a claim is not received by the Company within one year from the date of the transmittal of Funds. The condition that the Company must be provided with written notice under this Section 10 shall not be excused by lack of prejudice to the Company. 11. You must promptly send written notice of a claim under this letter to the Company at its principal office at 400 Second Avenue South, Minneapolis, Generated by Old Republic National Title Insurance -- Ref: 962631751 -- CA01 Page 3 / 4 insured Closing Protection Letter -- Ref: 962631751 -- CA01 MN 55401. if the Company is prejudiced by Your failure to provide prompt notice, the Company's liability to You under this letter shall be reduced to the extent of the prejudice. 12. Whenever requested by the Company, You, at the Company's expense, shall: a. give the Company all reasonable aid in i. securing evidence, obtaining witnesses, prosecuting or defending any action or proceeding, or effecting any settlement, and a any other lawful act that in the opinion of the Company may be necessary to enable the Company's investigation and detemrination of its liability under this letter; deliver to the Company any records, in whatever medium maintained, that pertain to the Real Estate Transaction or any claim under this letter; and c. submit to an examination under oath by any authorized representative of the Company with respect to any such records, the Real Estate Transaction, any claim under this letter or any other matter reasonably deemed relevant by the Company. 13. The Company shall have no liability under this letter if: a. the Real Estate Transaction has not closed within one year from die date of this letter; or at any time after the date of this letter, but before the Real Estate Transaction closes, the Company provides written notice of termination of this letter to the Addressee at the address set forth above. 14. The protection of this letter extends only to real estate in California, and any court or arbitrator shall apply the law of the jurisdiction where the Landis located to interpret and enforce the terms of this letter. In neither case shall the court or arbitrator apply its conflicts of law principles to determine the applicable law. Any litigation or other proceeding under this letter trust be filed only in a state or federal court within the United States of America or its territories having appropriate jurisdiction. 15. Either the Company or You may demand that any claim aising under this letter be submitted to arbitration pursuant to the Title Insurance Arbitration Rules of the American Land Title Association, unless You have a Policy for the Real Estate Transaction with an Amount of Insurance greater than $2,000,000. There shall be no tight for any claim under this letter to be arbitrated or litigated on a class action basis. if You have a Policy for the Real Estate Transaction with an Amount of insurance greater than $2,000,000, a claim arising under this letter may be submitted to arbitration only when agreed to by both the Company and You. If the Real Estate Transaction solely involves a one -to -four family residence and You are the purchaser or borrower, the Company will pay the costs of arbitration. This letter supersedes and cancels any previous letter or similar agreement for closing protection that applies to the Real Estate Transaction and may not be modified by the issuing Agent or Approved Attorney. OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY Elliot F. Smith Senior Vice President and Regional Chief Underwriting Counsel cf David Boswell Generated by Old Republic National Title insurance -- Ref: 962631751 -- CA01 Page 4 / 4 i �Gl2rl,Cl'C P Escrow Servf /e, Inc. November 29, 2017 City of Vernon Attn: Diana Figueroa 4305 Santa Fe Avenue Vernon, CA 90058 Re: 2915 East 60`h Place #S, Huntington Park, CA 90255 Dear Diana, This note is to address the concern regarding the recorded Grant Deed for the subject property. The original grand deed was executed by Authorized Signer on 10.12.2017 when we were still Parkfield Escrow Inc. To avoid having the Grant Deed re -executed I reused the same document, however, the original grant deed was already with the title company. At time of funding we typed the updated information and supplied it to the title company to change for us. Our apologies, as I thought it had been done but apparently it was not. Attached kindly please find a copy of the Grant Deed. cerns or question kindly please feel free to reach out to me. Escrow Officer/Manager Concierge Escrow Service, Inc. 12631 E Imperial Hwy A-215 Santa Fe Springs, CA 90670 Tel: 949.954.6571 Fax: 949.954.6575 E-mail: Letty@ConciergeEscrowService.com Escrow Servi- e, Inc. TITLE TRANSMITTAL Attn: Dave Boswell Old Republic Title 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Order No.: 2614022861-70 9155 Telegraph Rd #105 Escrow No.: 5044-LA Pico Rivera, CA 90660 Date: November 7, 2017 PLEASE CONFIRM ORDER AS INDICATED WITH LIABILITY LIMITATIONS AS SHOWN: POLICY TYPE: TYPE OF OWNER'S POLICY Standard Policy of Title Insurance with liability limited to A.L.T.A. Policy of Title Insurance with liability limited to $ 325,000.00 $ 331,987.00 PROPERTY ADDRESS: 2915 East 60th Place #S, Huntington Park, CA 90255 LEGAL DESCRIPTION: See Exhibit "A" attached hereto and made part hereof. A.P.N.: 6310.023.270 PRESENT OWNER(S) NAME: City of Vernon UPON FURTHER AUTHORIZATION you will record all instruments without collection when you can VEST TITLE IN: Eulises A Perez, a single man WE ENCLOSE THE FOLLOWING: Lender Instructions Grant Deed Preliminary Change of Ownership Report Deed of Trust to Record in favor of Broker Solutions Inc dha New American Funding Escrow Wire Instructions S1 ADDITIONAL INSTRUCTIONS: ABSTRACT AND HOLD - PLEASE ADVISE OF ANY IRREGULARITIES WHICH WOULD AFFECT THE USE OF THE ITEMS ENCLOSED. POSSIBLE RECORDING: 11/8/17 Pay the following taxes at closing: 1ST HALF Only the following items are approved to show on title policy at closing: PER LENDER'S INSTRUCTIONS PLEASE NOTE: Proceeds coming back at closing MUST BE WIRED (drafts for more than $1,000.00 are not accepted by "Concierge Escrow Service, Inc."). WIRING INSTRUCTIONS: Community Bank, ROUTING NO. 122203471, ACCOUNT NO. 0604002882, PAYABLE TO: Concierge Escrow Service, Inc. (Our Escrow No. 5044-LA MUST be referenced on all Wire Transfers). Please do not hesitate to call should you have any questions. Concierge Escrow Service, Inc. Letty Ascencio Escrow Officer/Manager KV This page is part of your document - DO NOT DISCARD aF°s 20171297475 itlll II III I IIIlI II111111I l I! 11111$ 11111 I11l P0003�+�11111 � Recorded/Filed in Official Records Recorder's Office, Los Angeles County, f California x X QFoaN�� 11/13/17 AT 08:OOAM FEES: 18.00 TARES: 357.50 OTHER: 0.00 PAID: 375.50 IIIIIA'�IIVIIIIIIIIIIIIIAIIIIIIIBIIIIIIIIIIVIIIIIlIIIII�R��Im�llll� � LEADSHEET ��IIIIIINNIINIIYIII��IIIII�dIII�IVIII�II�Rll�lll 201711130210002 00014493927 II��VII�NngIaI�I��Vll�� 008719757 SEQ: 09 DAR -Title CouTany (Hard Copy) I�IN�I�W�VIINNINI�IIIUIIV�IIn��III�IU�I�INNII�llllllllll IIINIIIIIG�NUIIIIIIIIVIIImIRnIIIGl�llll�ll�lllll��li�lll911nlllllflll o - THIS FORM IS NOT TO BE DUPLICATED aoy OLD REPUSUC TITLE 1(oCefuer•a„W . RREECORWNG REQUESTED BY: GA oncierge, :Escrow Service Order No. 2614022861-70 Escrow No! ' 504 4^ L�, Parcel No. 6310-023-Z70 AND WHEN RECORDED MAIL TO: EULISES PEREZ 2915 East 60th Place #S Huntington Park, CA 9025 , C. IIJ1312017 *20171297475* SPACE GRANT DEED TLjE,LJNDERSIGNED GRANTOR(S) DECLARE(S) THAT DOCUMENTARY TRANSFER TAX IS S357.50 and CITY $ computed on fell value of property conveyed, or computed on full value less liens or encumbrances remaining at the time of sale. ❑ unincorporated area: C*j 4 P Huntington Park, and FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, City of Vernon, a California Corporation hereby GRANT(S) to EulisesA- Perez, 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: 2915 East 60th Place #S, Huntington Park, CA 90255 - Date October 12, 2017 City of n By: •ar os Fandino, Adm' ' or A notary public or 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 l COUNTY OF L:IZL4k/ Eft I S.S. On before me, % personally appeared 07, who proved t e on the basis of tisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. MARISOL TRWILLO WITNESS my hand nd official seal. Commisslon #r 2093319 Rotary Public - California Z D Los Angeles County Signature (Seal) M Comm. Mires Dec 23, 2011s+ Mail Tax Staument to- SAME AS ABOVE or Address Noted Below 'L• 2� I L'- ORDER NO.: 2614022861 EXHIBIT A The land referred to is situated in the County of Los Angeles, City of Huntington Park, State of California, and is described as follows: Lot 22 of Tract No. 43028, in the City of Huntington Park, County of Los Angeles, State of California, as per Map Recorded in Book 1042, Page(s) 3 to 6 inclusive of Maps, in the Office of the County Recorder of said County. EXCEPT THEREFROM all oil, oil rights, natural gas, natural gas rights and other hydrocarbons by whatsoever name known, and all other minerals and mineral rights, whether or not similar to those herein mentioned, below a depth of 500 feet provided that Grantor shall not have any right of surface entry to drill, mine, explore or otherwise operate upon, in, through or under the land herein conveyed, in the exercise of the herein excepted and reserved rights as reserved by Edith A. Smith, in Deed Recorded August 18, 1983, as Instrument No, 83-958085, by Luis M. Guzman, in Deed Recorded June 17, 1983, as Instrument No. 83-683479, by Anna E. Erman in Deed Recorded June 6, 1983, as Instrument No. 83-628245, by Manuel De Leon and Maria De Leon, Roberto Garcia and Yolanda Garcia, in Deed Recorded August 8, 1983 as Instrument No. 83-910106, by Efrain Arellano and Elva Arellano, husband and wife and Efrain Antonio Arrellano, a single man, in Deed Recorded September 13, 1983, as Instrument No. 83-1070195, by Francisco Fonseca and Josefina Fonseca, in Deed Recorded August 25, 1983, as Instrument No. 83-989092, by Edward H. Olson, in Deed Recorded August 23, 1983, as Instrument No. 83- 997128, by Ronald L. Vasquez and Constance Mae Vasquez, Verla Botkin and Lorraine Botkin, in Deed Recorded July 7, 1983, as Instrument No. 83-769579 and 83769580 and by Noel Valentin Bernal and Graciela Bernal, in Deed Recorded September 26, 1983, as Instrument No. 83- 1131450, all of Official Records. APN: 6310-023-270 Page 1 of 1 5 PRELIMINARY CHANGE OF OWNERSHIP REPORT To be completed by the transferee (buyer) prior to a transfer of subject property in accordance wth section 480.3 of the Revenue and Taxation Code. A Preliminary Change of Ownership Report must be filed with each conveyance in the County Recorders office for the county where the properly is located. NAME .AND MAILING ADDRESS OF BUYERSRANSFEREE (Make necessary corrections ro the punted name and marling address) I Eulises A Perez �- STREET ADDRESS OR PHYSICAL LOCATION OF REAL PROPERTY 2915 East 60th Place #S, Huntington Park, CA 90255 MAIL PROPERTY TAX INFORMATION TO (NAME, Eulises A Perez Escrow No.: 5044-1—A ASSESSOR'S PARCEL NUMBER. 6310.023.270 SEL ERrrRANSFEROR lV City of Vernon BUYER'S DAYTIME TELEPHONE NUMBER _ � BUYER'S EMAIL YES [:1 NO This property Is intended as my principal residence. It YES. please indicate the date of occupancy i�+o A.H PART 1. TRANSFER INFORMATION Please complete all statements. , This section contains possible exclusions from reassessment for certain types of transfers. YES A. This transfer is solely between spouses (addition or removal of a spouse, death of a spouse, divorce settlement. etc.). B. This transfer is solely between domestic partners currently registered with the California Secretary of State (addition or removal of a partner, death of a partner, termination settlement, etc.). C. This is a transfer: ❑ between parent(s) and child(ren) ❑ from grandparent(s) and grandchild (re n). ' D This transfer is the result of a cotenant's death. Date of death E. This transaction is to replace a principal residence by a person 55 years of age or older. Within the same county? ❑ YES ❑ NO F. This transaction is to replace a principal residence by a person who is severely disabled as defined by Revenue and Taxation Code section 69.5. Within the same county? ❑ YES ❑ NO G. This transaction is only a correction of the name(s) of the person(s) holding title to the property (e.g.. a name change upon marriage). If YES. please explain H, The recorded document creates, terminates, or reconveys a lender's interest in the property. I. This transaction is recorded only as a requirement for financing purposes or to create. terminate, or reconvev a security interest (e.g. cosigner). If YES, please explain: J. The recorded document substitutes a trustee of a trust, mortgage, or other similar document. K. This is a transfer of property: 1. to/from a revocable trust that may be revoked by the transferor and is for the benefit of ❑ the transferor, and/or ❑ the transferor's spouse ❑ registered domestic partner. 2. to/from a trust that may be revoked by the creator/grantorltrustor who is also a joint tenant, and which names the other joint tenant(s) as beneficiaries when the creator/grantor/trustor dies. 3 to/from an irrevocable trust for the benefit of the ❑ creator/grantor/trustor and/or ❑ grantor's/truStor's spouse ❑ grantor's/trustor's registered domestic partner. L. This property is subject to a lease with a remaining lease tens 35 years or more including written options. M. This is a transfer between parties in which proportional interests of the transferor(s) and transferee(s) in each and every parcel being transferred remain exactly the same after the transfer. N. This is a transfer subject to subsidized low-income housing requirements with governmentally imposed restrictions. ❑ of ' O. This transfer is to the first purchaser of a new building containing an active solar energy system. ` Please refer to the instructions for Part 1. Please provide any other information that will help the Assessor understand the nature of the transfer. THIS DOCUMENT IS NOT SUBJECT TO PUBLIC INSPECTION Escrolk-'v o.: 5044-LA B0E-502-A(P21 RcV 12 (05-13) PART 2. OTHER TRANSFER INFORMA71Oh Check and complete as applicable. A. Date of transfer. if other than recording date ________ S. Type of transfer: JK Purchase ❑ Foreclosure I Gift ❑ E Trade or exchanae ❑ Merger. stock, or partnership acquisition (Form BOE-100-B; ❑ Contract of sale. Date of contract. ❑ Inheritance Date of death: ❑ Saie/Leaseback ❑ Creation of a lease ❑ Assignment of a lease ❑ Termination of a lease. Date lease began: Original term in years(including written options): Remaining tens in years (including written options): ❑ Other. Please explain: C. Only a partial interest in the property was transferred. ❑ Yes ❑ No If YES, indicate the percentage transferred: PART 3. PURCHASE PRICE AND TERMS OF SALE Check and complete as applicable. A. Total purchase price I$ ��Od • O B. Cash down payment or value of trade or exchange excluding closing costs q �� Amount S__' C. First deed of trust @— _% interest for 30 years. Monthly payment $ bGq 11• VT0 Amount $ �� ` co ❑ FHA( Discount Points) ❑ Cat -Vet [,�JVA Discount Points) ❑ Fixed rate ❑ Variable rate ❑ Bank/Savings & Loan/Credit Union ❑ Loan carried by seller ❑ Balloon payment S Due date: D. Second deed of trust @ % interest for years. Monthly payment $ Amount $ ❑ Fixed Rate ❑ Variable rate ❑ Bank/saving & Loan/Credit Union ❑ Loan carried by seller ❑ Balloon payment S Due date: E. Was an Improvement Bond or other public financing assumed by the buyer? ❑YES ❑NO Outstanding balance S F. Amount, if any, of real estate commission fees paid by the buyer which are not included in t purchase price S G. The property was purchased. RThrough real estate broker. Broker name- Phone number. ❑ Direct from seller ❑ ¢� From a family member -Relationship C7 ( S ❑ Other. Please explain: H. Please explain any special terms, seller concessions, broker/agent fees waived, financing, and any other information (e.g., buyer assumed the existing loan balance) that would assist the Assessor in the valuation of your property. PART 4. PROPERTY INFORMATION Check and complete as applicable. A. Type of property transferred ❑ Single-family residence ❑ Co-op/Own-your-own ❑ Manufactured home ❑ Multiple -family residence. Number of units: Wondominium ❑ Unimproved lot ❑ Other. Description: (i.e., timber, mineral, water rights, etc.) ❑ Timeshare ❑ Commercial/Industrial B. ❑YES SJ<O Personal/business property, or incentives, provided by seller to buyer are included in the purchase price. Examples of personal rr propert; are fumiture, farm equipment. machinery, etc. Examples of incentives are club memberships, etc. Attach list if available. If YES, enter the value of the personal/business property: $ Incentives S []YES 1KNO A manufactured home is included in the purchase price. If YES, enter the value attributed to the manufactured home: $ []YES O The manufactured home is subject to local property tax. If NO, enter decal number: D. ❑YESIncome NO The property produces rental or other income. If YES, is from: ❑ Lease/rent ❑ Contract ❑ Mineral ^ "rrights ❑ Other: E. The condition of the property at the time of safe was: ❑ Goodr1iverage ❑ Fair ❑ Poor Please describe: CERTIFICATION I certify (or declare) that the foregoing and all information hereon, including any accompanying statements or documents, is true and correct to the best of my knowledge and belief. When recorded, mail to: Broker Solutions, Inc.dba New American Funding ATTN: Final Document Department 14511 Myford Road, Suite 100 Tustin, CA 92780 Title Order No.: 2614022861-70 Escrow No.: 14891-LA LOAN #: 138517151311 [Space Above This Line For Recording Data] DEED OF TRUST CASE #: 44- 4-6-3707594 MIN 1003763-0002884153-2 MERS PHONE #: 1-888-679-6377 DEFINITIONS Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 18, 20 and 21. Certain rules regarding the usage of words used in this document are also provided in Section 16. (A) "Security Instrument" means this document. which is dated November 3, 2017, together with all all Riders to this document. (B) "Borrower" is EULISES A. PEREZ, A SINGLE MAN. Borrower's address is 2412 W Alondra Blvd, Compton, CA 90220. Borrower is the trustor under this Security Instrument. (C) "Lender" is Broker Solutions, inc.dba New American Funding. Lender is a Corporation, organized and existing under the laws of California. Lender's address is 14511 Myford Road, Suite 100,Tustin, CA 92780. CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: Ellie Mae, Inc Page 1 of 13 CAEDEDL 0315 CAEDEDL(CLS) �f� r LOAN #: 138517151311 (D) "Trustee" is Old Republic Title Company. (E) "MERS" is Mortgage Electronic Registration Systems. Inc. MERS is a separate corporation that is acting solely as a nominee for Lender and Lenders successors and assigns. MERS is the beneficiary under this Security Instrument. MERS is organized and existing under the laws of Delaware. and has an address and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS. (F) "Note" means the promissory note signed by Borrower and dated November 3, 2017. The Note states that Borrower owes Lender THREE HUNDRED THIRTY ONE THOUSAND NINE HUNDRED EIGHTY SEVEN AND NO/100"**"**"***"*`***`*`******'*****`********Dollars(U.S. $331,987.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than December 1, 2047. (G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (H) "Loan" means the debt evidenced by the Note, plus interest; any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: l Adjustable Rate Rider Condominium Rider -'Second Home Rider 0 Balloon Rider x Planned Unit Development Rider Other(s) [specify] 1-4 Family Rider Biweekly Payment Rider V.A. Rider (J) "Applicable Law" means all controlling applicable federal, state and local statutes, regulations, ordinances and admin- istrative rules and orders (that have the effect of law) as well as all applicable final; non -appealable judicial opinions. (K) "Community Association Dues, Fees, and Assessments" means all dues. fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (L) "Electronic Funds Transfer" means any transfer of funds; other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. Such term includes; but is not limited to, point -of -sale transfers, automated teller machine transactions. transfers initiated by telephone; wire transfers. and automated clearinghouse transfers. (M) "Escrow items" means those items that are described in Section 3. (N) "Miscellaneous Proceeds" means any compensation, settlement. award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to. the value and/or condition of the Property. (0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (P) "Periodic Payment" means the regularly scheduled amount due for (i) principal and interest under the Note. plus (ii) any amounts under Section 3 of this Security Instrument. (Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq.) and its implementing regulation, Regulation X (12 C.F.R. Part 1024), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, 'RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan' under RESPA. (R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrowers obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERT`r The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: Ellie Mae, Inc. Page 2 of 13 CAEDEDL 0315 1 I V CAEDEDL (CLS) .r' f� � r LOAN #: 138517151311 all renewals.. extensions and modifications of the Note. and liii the pe: flormance of Borrower's covenants and agreements under this Security Instrument and the Note. For h:is rurnose. Bo(rawer irrevocably grants and conveys to Trustee. in trust. with power of sale. the followina described proper:;!ccated In the County 1 Type of Recording Jurisdiction] of Los Angeles iName of Reco-din•g Junsd hen]: SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS "EXHIBIT A". APN #: 6310-023-270 which currently has the address of 2915 East 60th Place #S, Huntington Park, [Street] [City] California 90255 (`Property Address']: [Zip Code] TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property.` Borrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Security Instrument. but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of those interests, including, but not limited to. the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to.. releasing and canceling this Security Instrument. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non -uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on; the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Escrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency. However, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forrns, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check. treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency; instrumentality, or entity; or (d) Electronic Funds Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. Lender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current, without waiver of any rights hereunder or prejudice CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: Ellie Mae, Inc. Page 3 of 13 CAEDEDL 0315 CAEDEDL (CLS) Jr •� r LOAN #: 138517151311 to its rights to refuse such payment or pa'ial payments in the future. but Lender is not obligated to apply such payments at the time such payments are accepted.f each Periodic Payment is applied as of its scheduled due date: then Lender need not pay interest on unappiied funds. Lender may hcid such unapplied funds until Borrower makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time. Lender shall either apply such funds or return them to Borrower. if not applied earlier. such funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the following order of priority: (a) interest due under the Note: (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges; second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if, and to the extent that, each payment an be paid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Payments: such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds; or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date, or change the amount. of the Periodic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the "Funds") to provide for payment of amounts due for: (a) taxes and assessments and other items which an attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Sec- tion 5; and (d) Mortgage Insurance premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in accordance with the provisions of Section 10. These items are called "Escrow Items." At origination or at any time during the term of the Loan, Lender may require that Community Association Dues, Fees; and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow Item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any or all Escrow Items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow Items at any time. Any such waiver may only be in writing. In the event of such waiver, Borrower shall pay directly, when and where payable, the amounts due for any Escrow Items for which payment of Funds has been waived by Lender and, if Lender requires, shall furnish to Lender receipts evi- dencing such payment within such time period as Lender may require. Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed to be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and agreement" is used in Section 9. If Borrower is obligated to pay Escrow Items directly, pursuant to a waiver, and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise its rights under Section 9 and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such amount. Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in accordance with Section 15 and, upon such revocation, Borrower shall pay to Lender all Funds, and in such amounts, that are then required under this Section 3. Lender may: at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at the time specified under RESPA. and (b) not to exceed the maximum amount a lender can require under RESPA. Lender shall estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable Law. The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insured) or in any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds, annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or Applicable Law requires interest to be paid on the Funds, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Borrower and Lender can agree in writing. however, that interest shall be paid on the Funds. Lender shall give to Borrower. without charge. an annual accounting of the Funds as required by RESPA. CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: -'' Ellie Mae. Inc. Page 4 of 13 CAEDEDL 0315 CAEDEDL (CLS) LOAN #: 138517151311 If there is a surplus of Funds held in escrow. as defined under RESPA: Lender shall account to Borrower for the excess funds in accordance with RESPA. If there is a shortage of Finds held in escrow. as defined under RESPA. Lender shall notify Borrower as required by RESPA. and Berrower shall pay to Lender the amount necessary to make up the shortage in accordance with RESPA. but in no more than 12 montI ly Payn;er its. If there is a deficiency of Funds held in escrow. as defined under RESPA. Lender shall notify.- Borrower as required by RESPA: and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA but in no more than 12 monthly payments. Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund to Borrower any Funds held by Lender. 4. Charges; Liens. Borrower shall pay all taxes. assessments; charges, fines, and impositions attributable to the Property which can attain priority over this Security Instrument: leasehold payments or ground rents on the Property, if any; and Community Association Dues. Fees. and Assessments. if any. To the extent that these items are Escrow Items; Borrower shall pay them in the manner provided in Section 3. Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Bor- rower is performing such agreement: (b) contests the lien in good faith by: or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded: or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument. If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument. Lender may give Borrower a notice identifying the lien. Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in :his Section 4. Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property insurance. Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage," and any other hazards including; but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sen- tences can change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice: which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination, certifica- tion and tracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification. Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above. Lender may obtain insurance coverage, at Lender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore: such coverage shall cover Lender, but might or might not protect Borrower. Borrower's equity in the Property: or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previ- ously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained. Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest., upon notice from Lender to Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional loss payee and Borrower further agrees to generally assign rights to insurance proceeds to the holder of the Note up to the amount of the outstanding loan balance. Lender shall have the right to hold the policies and renewal certificates. If Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage: not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee and Borrower further agrees to generally assign rights to insurance proceeds to the holder of the Note up to the amount of the outstanding loan balance. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1/01 Initials: Ellie Mae. Inc. Page 5 of 13 CAEDEDL 0315 CAEDEDL (CLS) 11'Y `11' LOAN #: 138517151311 whether or not the underlying insurance was required by Lender.. shall be applied to restoration or repair of the Property. if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration peiod. Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction. provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress pay- ments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters: or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender's security would be lessened: the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2. If Borrower abandons the Property, Lender may file. negotiate and settle any available insurance claim and related matters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle a claim; then Lender may negotiate and settle the claim. The 30-day period will begin when the notice is given. In either event, or if Lender acquires the Property under Section 22 or otherwise: Borrower hereby assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instru- ment, and (b) any other of Borrower's rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Property. insofar as such rights are applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due. 6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower's principal resi- dence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld; or unless extenuating circumstances exist which are beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on the Property. Whether or not Borrower is resid- ing in the Property; Borrower shall maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair or restoration is not economically feasible; Borrower shall promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be respon- sible for repairing or restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property, Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the improvernents on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. 8. Borrower's Loan Application. Borrower shall be in default if. during the Loan application process; Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially false. misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan. Material representations include. but are not limited to. representations concerning Borrower's occupancy of the Property as Borrower's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) Borrower fails to perform the covenants and agreements contained in this Security Instrument. (b) there is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or regulations). or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this Security Instrument, including protecting and/or assessing the value of the Property. and securing and/or repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which has priority over this Security Instrument; (b) appearing in court, and (c) paying reasonable attorneys' fees to protect its interest in the Property and/or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to; entering the Property to make repairs: change locks: replace Or board up doors and windows, drain water CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: _ Ellie Mae, Inc. Page 6 Of 13 CAEDEDL 0315 CAEDEDL (CLS) r LOAN #: 138517151311 from pipes. eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Alihough Lender may take action under this Section 9. Lender does not have to do so and Is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbursed by Lender underthis Section 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest, upon notice from Lender to Borrower requesting payment. If this Security Instrument is on a leasehold. Borrower shall comply with all the provisions of the lease. Borrower shall not surrender the leasehold estate and interests herein conveyed or terminate or cancel the ground lease. Borrower shall not; without the express written consent of Lender. alter or amend the ground lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. if Lender required Mortgage Insurance as a condition of making the Loan; Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If. for any reason. the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance; Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cost to Borrower of the Mortgage Insurance previously in effect, from an alternate mortgage insurer selected by Lender. if substantially equivalent Mortgage Insurance coverage is not available; Borrower shall continue to pay to Lender the amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender will accept; use and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid in full, and Lender shall not be required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and Lender requires separately designated pay- ments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect, or to provide a non-refundable loss reserve, until Lender's requirement for Mortgage Insurance ends in accordance with any written agreement between Bor- rower and Lender providing for such termination or until termination is required by Applicable Law. Nothing in this Section 10 affects Borrower's obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Bor- rower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into agree- ments with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage insurer to make payments using any source of funds that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance preriums). As a result of these agreements. Lender; any purchaser of the Note; another insurer, any reinsurer, any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or might be characterized es) a portion of Borrowers payments for Mortgage Insurance. in exchange for sharing or modifying the mortgages ins, irer's risk, or reducing losses. If such agreement provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the premiums paid to the insurer, the arrangement is often termed "captive reinsurance." Further: (a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund. (b) Any such agreements will not affect the rights Borrower has - if any - with respect to the Mortgage Insur- ance under the Homeowners Protection Act of 1998 or any other taw. These rights may include the right to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance terminated automatically, and/or to receive a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. If the Property is damaged. such Miscellaneous Proceeds shall be applied to restoration or repair of the Property. if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration r CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1/01 Initials: Ellie Mae, Inc. Page 7 of 13 CAEDEDL 0315 t tt, CAEDEDL (CLS) to LOAN #: 138517151311 period. Lender shall have the right to hold SUch V.iscelianeouc Proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been conlpl2t_ed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may pay for the repairs and rester ation in a single disbursement or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such Miscel- laneous Proceeds. Lender shall not be required to pay Borrower any interest or earnings on such Miscellaneous Proceeds. If the restoration or repair is not economically feasible or Lender's security would be lessened. the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument whether or not then due: with the excess, if any. paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for in Section 2. In the event of a total taking, destruction, or loss in value of the Property. the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument. whether or not then due; with the excess, if any, paid to Borrower. In the event of a partial taking, destruction. or loss in value of the Property in which the fair market value of the Prop- erty immediately before the partial taking, destruction, or loss in value is equal to or greater than the amount of the sums secured by this Security Instrument immediately before the partial taking, destruction: or loss in value. unless Borrower and Lender otherwise agree in writing. the sums secured by this Security Instrument shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediately before the partial taking, destruction, or loss in value divided by (b) the fair market value of the Property immediately before the partial taking, destruction; or loss in value. Any balance shall be paid to Borrower. In the event of a partial taking, destruction, or loss in value of the Property in which the fair market value of the Property immediately before the partial taking: destruction, or loss in value is less than the amount of the sums secured immedi- ately before the partial taking, destruction, or loss in value. unless Borrower and Lender otherwise agree in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument whether or not the sums are then due. If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the Opposing Party (as defined in the next sentence) offers to make an award to settle a claim for damages. Borrower fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property or to the sums secured by this Security Instrument, whether or not then due. "Opposing Party" means the third party that owes Borrower Miscellaneous Proceeds or the party against whom Borrower has a right of action in regard to Miscellaneous Proceeds. Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Lender's judgment, could result in forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate as provided in Section '9: by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or claim for damages that are attributable to the impairment of Lenders interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension Of the time for payment or modifica- tion of amortization of the SUMS Secured by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation. Lender's acceptance of payments from third persons., entities or Successors in Interest of Borrower or in arnounts less than the amount then due. shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument but does not execute the Note (a `co-signer'). (a) is co-signing this Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security instrument:, and (c) agrees that Lender and any other Borrower can agree to extend. modify: forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signers consent. CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: Ellie Mae, Inc. Page 8 of 13 CAEDEDL 0315 CAEDEDL (CLS) f 1r 4; �, o LOAN #: 138517151311 Subject to the provisions of Section 18. 2nV Successor ?n Interest of Borrower who assumes Borrower's obiiaations under this Security Instrument in w, itlng. and is app,oved by Lender. shall obtain all of Borrowers rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security Instru- ment unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrument shall bird (except as provided in Section 20and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrower fees for services performed in connection with Borrowers default; for the purpose of protecting Lenders interest in the Property and rights under this Security Instrument. including; but not limited to, attorneys' fees, property inspection and valuation fees. in regard to any other fees: the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges. and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits: then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender in connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrower's change of address, then Borrower shall only report a change of address through that specified procedure. There may be only one designated notice address under this Security Instrument at any one time. Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Governing Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent. but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender: (b) words in the singular shall mean and include the plural and vice versa. and (c) the word "may gives sole discretion without any obligation to take any action. 17. Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18. Transfer of the Property or Beneficial Interest in Borrower. As used in this Section 18, "Interest in the Property means any legal or beneficial interest in the Property, including, but not limited to; those beneficial interests transferred in a bond for deed; contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural per- son and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option. Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1/01 Initials: - Ellie Mae, Inc. Page 9 Of 13 CAEDEDL 0315 � , , CAEDEDL (CLS) 1 [•r LOAN #: 138517151311 sums secured by this Security instrument. If Borrower fails to pay these sums prior to the expiration of this period. Lender n ay invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. if Borrower rneets certain conditions. Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security Instrument: (b ) such other period as Applicable Law might specify for the termination. of Borrower's right to reinstate: or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements: (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to: reasonable attorneys' fees. property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument. and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights underthis Security Instrument, and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (a) cash: (b) money order; (c) certified check, bank check; treasurer's check or cashier's check, provided any such check is drawn upon an institution whose deposits are insured by a federal agency, instrumentality or entity: or (d) Electronic Funds Transfer. Upon reinstatement by Borrower. this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section 18. 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the Note (together with this Security Instrument) can be sold one or more times without prior notice to Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects Periodic Payments due under the Note and this Security Instru- ment and performs other mortgage loan servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change which will state the name and address of the new Loan Servicer, the address to which payments should be made and any other information RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise provided by the Note purchaser. Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an individual litigant or the member of a class) that arises frothe other party's actions pursuant to this Security Instrument or that alleges that the other party has breached any provim sion of. or any duty owed by reason of. this Security Instrument: until such Borrower or Lender has notified the other party (with such notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to take corrective action. If Applicable Law provides a time period which must elapse before certain action can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action provisions of this Section. 20. 21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances' are those substances defined as toxic or hazardous substances: pollutants: or wastes by Environmental Law and the following substances: gasoline. kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents. materials con- taining asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response action. remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup. Borrower shall not cause or permit the presence. use, disposal, storage; or release of any Hazardous Substances: or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else to do. anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental Condi- tion, or (c) which, due to the presence. use, or release of a Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding two sentences shall not apply to the presence, use; or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to, hazardous substances in consumer products). CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: _.__ {-^ Effie Mae, Inc. Page 10 of 13 CAEDEDL 0315 ... „ `lIL CAEDEDL (CLS) Ir y LOAN #: 138517151311 Borrower shall P oripily' glee Lender wrltien notice of (a) any investigation. clai n.. demand, lawsuit or other action by any governmental or regulatory agency or onvats party Involving the Property and any Hazardous Substance or Envi- ronmental Law of which Borrower has actual knc:vledge. (b) any Environmental Condition. including but not limited to. any spilling, leaking. discharge release or threat of release of any l azardous Substance.. and (c) any condition caused by the presence, use or release of a=__ardous Substance which adversely affects the value of the Property. If Bor- rower learns, or is notified by any goverr:.mental or regulatory authority. or any private party, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary. Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. NON -UNIFORM COVENANTS. Borrower and Lender further covenant and aoree as follows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result in accel- eration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assert the non-existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to. reasonable attorneys' fees and costs of title evidence. If Lender invokes the power of sale, Lender shall execute or cause Trustee to execute a written notice of the occurrence of an event of default and of Lender's election to cause the Property to be sold. Trustee shall cause this notice to be recorded in each county in which any part of the Property is located. Lender or Trustee shall mail copies of the notice as prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. After the time required by Applicable Law, Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Trustee shall deliver to the purchaser Trustee's deed conveying the Property without any covenant or war- ranty, expressed or implied. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shall apply the proceeds of the sale in the following order: (a) to all expenses of the sale, including, but not limited to, reasonable Trustee's and attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 23. Reconveyance. Upon payment of a!l Sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Lender may charge such person or persons a reasonable fee for reconveying the Property; but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. if the fee charged does not exceed the fee set by Applicable Law, the fee is conclusively presumed to be reasonable. 24. Substitute Trustee. Lender, at its option: may from time to time appoint a successor trustee to any Trustee appointed hereunder by an instrument executed and acknowledged by Lender and recorded in the office of the Recorder of the county in which the Property is located. The instrument shall contain the name of the original Lender, Trustee and Bor- rower; the book and page where this Security Instrument is recorded and the name and address of the successor trustee. Without conveyance of the Property. the successor trustee shall succeed to all the title, powers and duties conferred upon the Trustee herein and by Applicable Lava. This procedure for substitution of trustee shall govern to the exclusion of all other provisions for substitution. 25. Statement of Obligation Fee. Lender !nay collect a fee not to exceed the maximum amount permitted by Appli- cable Law for furnishing the statement of obligation as provided by Section 2943 of the Civil Code of California. c-, CALIFORNIA--Single Family --Fannie Mae!Freddie Mac UNIFORM INSTRUMENT Form 3005 1!01 Initials: - Ellie Mae. Inc. Page 11 of 13 CAEDEDL 0315 CAEDEDL (CLS) LOAN k: 138517151311 The undersia: ed Borrower raC;ucStS that a copv of any Notice of 'D�efalllt and any Notice of Sale under this Security li?strumenl be mailed to Borrower at the adid; esS set rJrih above. BY SIGNING BELOVV Borrower accep'S ar-d agrees to the tem?s and Covenants contained in this Security instrument and in any Rider executed by Borrower and recorder: with it. %i✓%"' I ' : i - (Seal) EULISE,S-A, PEREZ DATE A notary public or 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 County of LOS ANGELES On before meN&Vt" -1 MVc.CjLA_L& (here insert name and title of the officer), personally appeared EULI ES A. PEREZ, who proved to me 6n the basis of satisfactory evidence to be the persons -whose named stare subscribed to the within instrument and acknQwledged to me that6;)she/they executed the same in /her/their authorized capacityj(iesj, and Is her/their signature( that by ,s� on the instrument the person, or the entity upon behalf of which the persons, acted, executed the instrument. 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. f i Signature (NI OTARY) (SEAL) S� V. N SS1, Pjjtj L7D Comrriss:on a: 205 -9' z Notary Public Cain 'nit Z " Los Angeles Cou - My Comm. Expires Mar 7, 201 CALIFORNIA--Single Family --Fannie Mae/Freddie N!ac UNIFORM INSTRUMENT Form 3005 1101 Ellie Mae. Inc. Page 12 of 13 Initials: CAEDEDL 0315 CAEDEDL(CLS) Lender: Broker Solutions, Inc.dba New American Funding NMLS ID: 6606 Broker: NMLS ID: 6606 Loan Originator: Robert Reza NMLS ID: 1189012 CALIFORNIA--Sincle Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1/01 Ellie Mae.. Inc. Page 13 of 13 LOAN #': 138517151311 Initials: CAEDEDL 0315 CAEDEDL (CLS) ORDER NO.: 2614022861 EXHIBIT A The land referred to is situated in the County of Los Angeles, City of Huntington Park, State of California, and is described as follows: Lot 22 of Tract No. 43028, in the City of Huntington Park, County of Los Angeles, State of California, as per Map Recorded in Book 1042, Page(s) 3 to 6 inclusive of Maps, in the Office of the County Recorder of said County. EXCEPT THEREFROM all oil, oil rights, natural gas, natural gas rights and other hydrocarbons by whatsoever name known, and all other minerals and mineral rights, whether or not similar to those herein mentioned, below a depth of 500 feet provided that Grantor shall not have any right of surface entry to drill, mine, explore or otherwise operate upon, in, through or under the land herein conveyed, in the exercise of the herein excepted and reserved rights as reserved by Edith A. Smith, in Deed Recorded August 18, 1983, as Instrument No. 83-958085, by Luis M. Guzman, in Deed Recorded June 17, 1983, as Instrument No. 83-683479, by Anna E. Erman in Deed Recorded June 6, 1983, as Instrument No. 83-628245, by Manuel De Leon and Maria De Leon, Roberto Garcia and Yolanda Garcia, in Deed Recorded August 8, 1983 as Instrument No. 83-910106, by Efrain Arellano and Elva Arellano, husband and wife and Efrain Antonio Arrellano, a single man, in Deed Recorded September 13, 1983, as Instrument No. 83-1070195, by Francisco Fonseca and Josefina Fonseca, in Deed Recorded August 25, 1983, as Instrument No. 83-989092, by Edward H. Olson, in Deed Recorded August 23, 1983, as Instrument No. 83- 997128, by Ronald L. Vasquez and Constance Mae Vasquez, Verla Botkin and Lorraine Botkin, in Deed Recorded July 7, 1983, as Instrument No. 83-769579 and 83769580 and by Noel Valentin Bernal and Graciela Bernal, in Deed Recorded September 26, 1983, as Instrument No. 83- 1131450, all of Official Records. APN: 6310-023-270 Page 1 of 1 LOAN #: 138517151311 CASE #: 44-44-6-3707594 MIN:1003763-0002884153-2 VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER NOTICE: THIS LOAN IS NOTASSUMABLE WITH- OUT THE APPROVAL OF THE DEPARTMENT OF VETERANS AFFAIRS OR ITS AUTHORIZED AGENT. THIS VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER is made this 3rd day of November, 2017, and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Deed to Secure Debt (herein "Security Instrument") dated of even date herewith, given by the undersigned (herein "Borrower") to secure Borrower's Note to Broker Solutions, Inc.dba New American Funding, a Corporation (herein "Lender") and covering the Property described in the Security Instrument and located at 2915 East 60th Place #S Huntington Park, CA 90255 VA GUARANTEED LOAN COVENANT: In addition to the covenants and agreements made in the Security Instr umerlt. Borrower and Lender further covenant and agree as follows: If the indeb eciness sel—u ed hereby be guaranteed or insured under Title 38. Uriii.Ld States Code, such Title and Regulations issued thereunder and in effect on the date hereof shall govern the rights, duties and liabilities of Borrower and Lender. Any provi- sions of the Security Instrument or other instruments executed in connection with said indebtedness which are inconsistent with said Title or Regulations, including, but not limited to, the provision for payment of any sum in connection with prepayment of the secured indebtedness and the provision that the Lender may accelerate payment of the secured indebtedness pursuant to Covenant 18 of the Security Instrument, are hereby ..-_:> VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER Initials: Ellie Mae Inc Page ? of 3 P8751ARL 1011 P8751ARL (CLS) XU •1f.• T L r LOAN #: 138517151311 amended or negated to the extent necessary to conform such instruments to said Title or Regulations. LATE CHARGE: At Lender's option, and as allowed by applicable state law, Borrower will pay a "late charge" not exceeding four per centum (4%) of the overdue payment when paid more than fifteen (15) days after the due date thereof to cover the extra expense involved in handling delinquent payments, but such "late charge" shall not be payable out of the proceeds of any sale made to satisfy the indebtedness secured hereby, unless such proceeds are sufficient to discharge the entire indebtedness and all proper costs and expenses secured hereby. GUARANTY: Should the Department of Veterans Affairs fail or refuse to issue its guaranty in full amount within 60 days from the date that this loan would normally become eligible for such guaranty committed upon by the Department of VeteransAffairs underthe provisions of Title 38 of the U.S. Code "Veterans Benefits," the Mortgagee may declare the indebt- edness hereby secured at once due and payable and may foreclose immediately or may exercise any other rights hereunder or take any other proper action as by law provided. TRANSFER OF THE PROPERTY: This loan may be declared immediately due and payable upon transfer of the property securing such loan to any transferee, unless the acceptability of the assumption of the loan is established pursuant to Section 3714 of Chapter 37, Title 38, United States Code. An authorized transfer ("assulTiption") of the property shall also be subject to additional covenants and agreements as set forth below: (a) ASSUMPTION FUNDING FEE: A fee equal to one-half of 1 percent (50%) of the balance of this loan as of the date of transfer of the property shall be payable at the time of transfer to the loan holder or its authorized agent, as trustee forthe Department of Veterans Affairs. If the assurner fads to pay this fee at the time of transfer, the fee shall constitute an additional debt to that already secured by this instrument, shall bear interest at the rate herein provided, and, at the option of the payee of the indebtedness hereby secured or any transferee thereof, shall be immediately due and payable. This fee is automatically waived if the assumer is exempt under the provisions of 38 U.S.C. 3729 (c). (b) ASSUMPTION PROCESSING CHARGE: Upon application for approval to allow assumption ofthis loan, a processing fee maybe charged by the loan holderor its authorized VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER Initials: Ellie Mae, Inc Page 2 of 3 P8751.ARL 1011 P8751ARL(CLS) LOAN #: 138517151311 agent for determining the creditworthiness of the assumer and subsequently revising the holder's ownership records when an approved transfer is completed. The amount of this charge shall not exceed the maximum established by the Department of Veterans Affairs for a loan to which Section 3714 of Chapter 37, Title 38, United States Code applies. (c) ASSUMPTION INDEMNITY LIABILITY: if this obligation is assumed, then the assumer hereby agrees to assume all of the obligations of the veteran under the terms of the instruments creating and securing the loan. The assumer further agrees to indemnify the Department of Veterans Affairs to the extent of any claim payment arising from the guaranty or insurance of the indebtedness created by this instrument. IN WITNESS WHEREOF. Borrower(s) has executed this VA Guaranteed Loaf and Assumption Policy Rider. E VA GUARANTEED LOAN AND .ASSUMPTION POLICY RIDER Ellie Mae, Inc Page 3 of 3 IYI�Lr' •'•4:.�6 .r f 1. �' I :�— (Seal) Initials: P8751 ARL 1 u11 P8751ARL (CLS) LOAN #: 138517151311 MIN:1003763-0002884153-2 PLANNED UNIT DEVELOPMENT RIDER CASE #: 44-44-6-3707594 THIS PLANNED UNIT DEVELOPMENT RIDER is made this 3rd day of November, 2017 and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security Instrument") of the same date, given by the undersigned (the "Borrower") to secure Borrower's Note to Broker Solutions, Inc.dba New American Funding, a Corporation (the "Lender") of the same date and covering the Property described in the Security Instrument and located at: 2915 East 60th Place #S, Huntington Park, CA 90255. The Property includes, but is not limited to, a parcel of land improved with a dwelling, together with other such parcels and certain common areas and facilities, as described In COVENANTS, CONDITIONS AND RESTRICTIONS (the "Declaration") The Property is a part of a planned unit development known as North Park (the "PUD"). The Property also includes Borrower's interest in the homeowners association or equivalent entity owning or managing the common areas and facilities of the PUD (the "Owmars ,%ssociatlon") an-! tho uses. benefits and proceeds of Borrower's interest PUD COVENANTS. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: A. PUD Obligations. Borrower shall perform all of Borrower's obli ations under the PUD's Constituent Documents. The "Constituent Documents" are the �) Declaration; (ii) articles of incorporation, trust instrument or any equivalent document which creates the Owners Association; and (iii) any by-laws or other rules or regulations of the Owners Initials: MULTISTATE PUD RIDER. --Single Family--Fannia Mae/Freddie Mac UNIFORM INSTRUMENT Form 3150 1101 Ellie Mae. Inc. Page 1 of 3 F315ORLU 0115 F315ORLU(CLS) ik r' J i r j LOAN #: 138517151311 Association. Borrower shall promptly pay, when due, all dues and assessments imposed pursuant to the Constituent Documents. B. Property Insurance. So long as the Owners Association maintains, with a generally accepted insurance carrier, a "master" or "blanket" policy insuring the Property which is satisfactory to Lender and which provides insurance coverage in the amounts (including deductible levels), for the periods, and against loss by fire, hazards included within the term "extended coverage," and any other hazards, including, but not limited to, earthquakes and floods, for which Lender requires insurance, then: (i) Lender waives the provision in Section 3 for the Periodic Payment to Lender of the yearly premium installments for property insurance on the Property; and (ii) Borrower's obligation under Section 5 to maintain property insurance coverage on the Property is deemed satisfied to the extent that the required coverage is provided by the Owners Association policy. What Lender requires as a condition of this waiver can change during the term of the loan. Borrower shall give Lender prompt notice of any lapse in required property insurance coverage provided by the master or blanket policy. In the event of a distribution of property insurance proceeds in lieu of restoration or repair following a loss to the Property, or to common areas and facilities of the PUD, any proceeds payable to Borrower are hereby assigned and shall be paid to Lender. Lender shall apply the proceeds to the sums secured by the Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. C. Public Liability Insurance. Borrower shall take such actions as may be reasonable to ensure that the Owners Association maintains a public liability insurance policy acceptable in form, amount, and extent of coverage to Lender. D. Condemnation. The proceeds of any award or claim for damages, direct or consequential, payable to Borrower in connection with any condemnation or othertaking of all or any part of the Property or the common areas and facilities of the PUD, or for any conveyance in lieu of condemnation, are hereby assigned and shall be paid to Lender. Such proceeds shall be applied by Lender to the sums secured by the Security instrument as provided in Section 11. E. Lender's Prior Consent. Borrower shall not, except after notice to Lender and with Lender's prior written consent, either partition or subdivide the Property or consent to: (i) tt,e abandonment or termination of the PUD, except for abandonment or termination required by law in the case of substantial destruction by fire or other casualty or in the case of a taking by condemnation or eminent domain; (ii) any amendment to any provision of the "Constituent Documents" if the provision is for the express benefit of Lender; (iii) termination of professional management and assumption of F� Initials: MULTISTATE PUG RIDER --Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3150 1/01 Ellie Mae, Inc Page 2 of 3 F315ORLU 0115 F315ORLU (CLS) LOAN #: 138517151311 self -management of the Owners Association, or (iv) any action which would have the effect of rendering the public liability insurance coverage maintained by the Owners Association unacceptable to Lender. F. Remedies. If Borrower does not pay PUD dues and assessments when due, then Lender may pay them. Any amounts disbursed by Lender under this paragraph F shall become additional debt of Borrower secured by the Security Instrument, Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this PUD Rider. ULIS Seal) Initials:__ MULTISTATE PUD RIDER--Sinole Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3150 1101 Ellie Mae. Inc Page 3 of 3 F3150RI U 0115 F315ORLU (CLS) Escrow Servi e, Inc. Eulises A Perez RE: Property Address: 2915 East 60th Place #S, Huntington Park, CA 90255 In connection with the above numbered escrow, we enclose the following: Preliminary Title Report 12631 E Imperial Highway Building "A°, Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Date: November 6.2017 Escrow No.: 5044-LA Per original Escrow Instructions, you have 12 days for approval of the above listed documents. If the time limit noted above cannot be complied with, then the Buyer's deposit of final funds to close this escrow shall satisfy this item in full. We appreciate the opportunity to be of service to you in this transaction. Should you have any questions, please call us at the telephone number(s) referenced above. Officer/Manager KV Inc. RECEIPT IS ACKNOWLEDGED OF THE ABOVE LISTED DOCUMENTS AND SAME ARE HEREBY approved with the exception of the following items: Date: It I � 11 - -- OLD REPUBLIC TITLE CO NI P A N Y 9155 Telegraph Road #105 Pico Rivera, CA 90660 (562)942-7652 PRELIMINARY REPORT Concierge Escrow Service 12631 E. Imperial Hwy., Bldg. "A", #213 Santa Fe Springs, CA 90670 Phone: (949) 954-6571 Fax: (949) 954-6575 Attention: LETTY ASCENCIO Property Address: UPDATE Our Order Number 2614022861-70 When Replying Please Contact: 2915 East 60th Place #S, Huntington Park, CA 90255 Dave Boswell title0l.la@ortc.com Ph: (562) 942-7652 Efax: (562) 395-5562 In response to the above referenced application for a policy of title insurance, OLD REPUBLIC TITLE COMPANY, as issuing Agent of Old Republic National Title Insurance Company, hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said Policy or Policies are set forth in Exhibit I attached. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the Homeowner's Policy of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit I. Copies of the Policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit I of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. Dated as of October 18, 2017, at 7:30 AM OLD REPUBLIC TITLE COMPANY For Exceptions Shown or Referred to, See Attached Page 1 of 9 Pages ORT 3158-A (Rev. 08/07/08) OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE The form of policy of title insurance contemplated by this report is: Homeowners Policy of Title Insurance - 2013, and ALTA Loan Policy - 2006. A specific request should be made if another form or additional coverage is desired. The estate or interest in the land hereinafter described or referred or covered by this Report is: Fee Title to said estate or interest at the date hereof is vested in: City of Vernon The land referred to in this Report is situated in the County of Los Angeles, City of Huntington Park, state of California, and is described as follows: Lot 22 of Tract No. 43028, in the City of Huntington Park, County of Los Angeles, State of California, as per Map Recorded in Book 1042, Page(s) 3 to 6 inclusive of Maps, in the Office of the County Recorder of said County. EXCEPT THEREFROM all oil, oil rights, natural gas, natural gas rights and other hydrocarbons by whatsoever name known, and all other minerals and mineral rights, whether or not similar to those herein mentioned, below a depth of 500 feet provided that Grantor shall not have any right of surface entry to drill, mine, explore or otherwise operate upon, in, through or under the land herein conveyed, in the exercise of the herein excepted and reserved rights as reserved by Edith A. Smith, in Deed Recorded August 18, 1983, as Instrument No. 83-958085, by Luis M. Guzman, in Deed Recorded June 17, 1983, as Instrument No. 83-683479, by Anna E. Erman in Deed Recorded June 6, 1983, as Instrument No. 83-628245, by Manuel De Leon and Maria De Leon, Roberto Garcia and Yolanda Garcia, in Deed Recorded August 8, 1983 as Instrument No. 83-910106, by Efrain Arellano and Elva Arellano, husband and wife and Efrain Antonio Arrellano, a single man, in Deed Recorded September 13, 1983, as Instrument No. 83-1070195, by Francisco Fonseca and Josefina Fonseca, in Deed Recorded August 25, 1983, as Instrument No. 83-989092, by Edward H. Olson, in Deed Recorded August 23, 1983, as Instrument No. 83-997128, by Ronald L. Vasquez and Constance Mae Vasquez, Verla Botkin and Lorraine Botkin, in Deed Recorded July 7, 1983, as Instrument No. 83-769579 and 83769580 and by Noel Valentin Bernal and Graciela Bernal, in Deed Recorded September 26, 1983, as Instrument No. 83- 1131450, all of Official Records. APN:6310-023-270 2 of 9 ORT 3158-B OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE At the date hereof exceptions to coverage in addition to the Exceptions and Exclusions in said policy form would be as follows: Taxes and assessments, general and special, for the fiscal year 2017 - 2018, as follows: Assessor's Parcel No 6310-023-270 Code No. 00594 1st Installment $2,386.70 NOT Marked Paid 2nd Installment $2,386.69 NOT Marked Paid Land Value $19,305.00 Imp. Value $295,546.00 The lien of supplemental taxes, if any, assessed pursuant to the provisions of Section 75, et seq., of the Revenue and Taxation Code of the State of California. Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 6712 of Deeds, Page 274 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded : in Book 29001 of Official Records, Page 372 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 3 of 9 Pa ORT 3158-B OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE 4. Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 1680 of Official Records, Page 198 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded . in Book 29001 of Official Records, Page 372 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 3027 of Official Records, Page 283 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. 4 of 9 Pages ORT 3158-B OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded : in Book 29001 of Official Records, Page 372 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 8116 of Official Records, Page 1 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. Modification thereof, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons. Recorded . in Book 29001 of Official Records, Page 372 e5of9 ORT 3158-8 01.D REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 7. Covenants, Conditions and Restrictions, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped persons, as provided in an instrument. Recorded in Book 29001 of Official Records, Page 372 Said Covenants, Conditions and Restrictions provide that a violation thereof shall not defeat or render invalid the lien of any Mortgage or Deed of Trust made in good faith and for value. NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 8. An easement affecting that portion of said land and for the purposes stated herein and incidental purposes as provided in the following For Underground electrical supply systems and community systems (hereinafter referred to as "systems', consisting of wires, underground conduits, cables, vaults, manholes, handholes, and including above -ground enclosures, markers and concrete pads and other appurtenant fixtures and equipment necessary or useful for distributing electrical energy and for transmitting intelligence by electrical means Recorded July 26, 1985 in Official Records As Instrument No. 85-862122 Affects As described therein 6 of 9 ORT 3158-8 OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE 9. An easement affecting that portion of said land and for the purposes stated herein and incidental purposes as provided in the following For Underground communication facilities as grantees may from time to time require (including ingress thereto and egress therefrom) consisting of wires, cables, conduits, manholes, handholes and aboveground markers, pedestals, terminal equipment cabinets, other associated electrical conductors and necessary fixtures and appurtenances Recorded September 5, 1985 in Official Records As Instrument No. 85- 1026173 Affects As described therein 10. Matters in an instrument that, among other things, contain or provide for easements, assessments, liens and their subordination, covenants, conditions and restrictions, which provide that no violation thereof and no enforcement of any lien provided for therein shall defeat or render invalid the lien of a mortgage or deed of trust made in good faith and for value, but omitting any covenants or restrictions if any, based upon race, color, religion, sex, handicap, familial status, or national origin unless and only to the extent that said covenant (a) is exempt under Title 42, Section 3607 of the United States Code or (b) relates to handicap but does not discriminate against handicapped person. Recorded November 4, 1985 in Official Records As Instrument No. 85-1305505 NOTE: "If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status." 11. Matters as contained or referred to in an instrument, Entitled "Certificate of Correction" Executed By Jacob F. Rems Dated May 1, 1987 Recorded June 3, 1987 in Official Records As Instrument No. 87-877578 Which Among Other Things "This correction affects Sheets 2 and 4 of Tract No. 43028, Recorded Provides in Book 1042, Pages(s) 3 to 6 of Maps." Page 7 of 9 UK I 31 BLS-C OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE 12. We find no open Deeds of Trust of record. Please verify by inquiry of Escrow Personnel and/or Agents whether or not we have overlooked something and advise the Title Department accordingly prior to closing. 13. The requirement that satisfactory evidence be furnished to this Company of compliance with applicable statutes, ordinances and charters governing the ownership and disposition of the herein described land. 14. The requirement that this Company be provided with an opportunity to inspect the land. The Company reserves the right to make additional exceptions and/or requirements upon completion of its inspection. 15. The Homeowner's Policy applies only if each insured named in Schedule A is a Natural Person (as Natural Person is defined in said policy). If each insured to be named in Schedule A is not such a Natural Person, contact the Title Department immediately. -------------------- Informational Notes ------------------- A. The applicable rate(s) for the policy(s) being offered by this report or commitment appears to be section(s) 1.1 & 2.1. B. The above numbered report (including any supplements or amendments thereto) is hereby modified and/or supplemented to reflect the following additional items relating to the issuance of an American Land Title Association loan form policy: NONE NOTE: Our investigation has been completed and there is located on said land a single family residence (planned unit development) known as 2915 East 60th Place #S, City of Huntington Park, County of Los Angeles, California 90255. The ALTA loan policy, when issued, will contain the CLTA 100 Endorsement and 116 series Endorsement. Unless shown elsewhere in the body of this report, there appear of record no transfers or agreements to transfer the land described herein within the last three years prior to the date hereof, except as follows: NONE 8 of 9 Pages ORT 3158-B OLD REPUBLIC TITLE COMPANY ORDER NO. 2614022861-70 UPDATE C. All transactions that close on or after March 1, 2015 will include a 520.00 minimum recording service fee, plus actual charges required by the County Recorder. 9 of 9 ORT 3158-B Exhibit I CLTA HOMEOWNER'S POLICY OF TITLE INSURANCE (12/02/13) ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE EXCLUSIONS In addition to the Exceptions in Schedule B, You are not insured against loss, costs, attorneys' fees, and expenses resulting from: 1. Governmental police power, and the existence or violation of those portions of any law or government regulation concerning: a. building; b. zoning; C. land use; d. improvements on the Land; e. land division; and f. environmental protection. This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27. 2. The failure of Your existing structures, or any part of them, to be constructed in accordance with applicable building codes. This Exclusion does not limit the coverage described in Covered Risk 14 or 15. 3. The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17. 4. Risks: a. that are created, allowed, or agreed to by You, whether or not they are recorded in the Public Records; b. that are Known to You at the Policy Date, but not to Us, unless they are recorded in the Public Records at the Policy Date; C. that result in no loss to You; or d. that first occur after the Policy Date - this does not limit the coverage described in Covered Risk 7, 8.e., 25, 26, 27 or 28. 5. Failure to pay value for Your Title. 6. Lack of a right: a. to any land outside the area specifically described and referred to in paragraph 3 of Schedule A; and b. in streets, alleys, or waterways that touch the Land. This Exclusion does not limit the coverage described in Covered Risk 1 i or 21. 7. The transfer of the Title to You is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy, state insolvency, or similar creditors' rights laws. 8. Contamination, explosion, fire, Hooding, vibration, fracturing, earthquake or subsidence. 9. Negligence by a person or an Entity exercising a right to extract or develop minerals, water, or any other substances. LIMITATIONS ON COVERED RISKS Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows: For Covered Risk 16, 18, 19, and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A. The deductible amounts and maximum dollar limits shown on Schedule A are as follows: Your Deductible Amount Covered Risk 16: 1.00% of Policy Amount or $5,000.00 (whichever is less) Covered Risk 18: 1.00% of Policy Amount or $5,000.00 (whichever is less) Covered Risk 19: 1.00% of Policy Amount or $5,000.00 (whichever is less) Covered Risk 21: 1.00% of Policy Amount or $5,000.00 (whichever is less) Page 1 of 2 Our Maximum Dollar Limit of Liability $25,000.00 $25,000.00 $25,000.00 $25,000.00 Exhibit I AMERICAN LAND TITLE ASSOCIATION LOAN POLICY OF TITLE INSURANCE - 2006 EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 13, or 14); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing -business laws of the state where the Land is situated. 5. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth -in -lending law. 6. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy. 7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b). EXCEPTIONS FROM COVERAGE — SCHEDULE B, PART 1, SECTION ONE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) that arise by reason of: 1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. The types of personal information we collect and share depend on the product or service you have with us. This information can include: • Social Security number and employment information • Mortgage rates and payments and account balances • Checking account information and wire transfer instructions When you are no longer our customer, we continue to share your information as described in this notice. All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Old Republic Title chooses to share; and whether you can limit this sharing. Reasons we can share your personal information, Does Old Republic Title share? Can you limit this sharing? For our everyday business purposes — such as to process your transactions, maintain your account(s), or respond to court orders and Yes No legal investigations, or report to credit bureaus For our marketing purposes — No We don't share to offer our products and services to you For joint marketing with other financial companies No We don't share For our affiliates' everyday business purposes — information about your transactions and experiences Yes No For our affiliates' everyday business purposes — No We don't share information about your creditworthiness For our affiliates to market to you No We don't share For non -affiliates to market to you No We don't share Questions Go to www.oldrepublictitle.com (Contact Us) Page 2 Who is providing this notice? I Companies with an Old Republic Title name and other affiliates. Please see below for a list of affiliates. hat we d. How does Old Republic Title protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. For more information, visit http://www.OldRepublicTitle.com/newnational/Contact/privacy. How does Old Republic Title We collect your personal information, for example, when you: collect my personal information? • Give us your contact information or show your driver's license • Show your government -issued ID or provide your mortgage information • Make a wire transfer We also collect your personal information from others, such as credit bureaus, affiliates or other companies. Why can't I limit all sharing? Federal law gives you the right to limit only: • Sharing for affiliates' everyday business purposes - information about your creditworthiness • Affiliates from using your information to market to you • Sharing for non -affiliates to market to you State laws and individual companies may give you additional rights to limit sharing. See the "Other important information" section below for your rights understate law. Definitions Affiliates Companies related by common ownership or control. They can be financial and nonfinancial companies. • Our affiliates include companies with an Old Republic Title name, and financial companies such as Attorneys' Title Fund Services, LLC, Lex Terroe National Title Services, Inc., Mississippi Valley Title Services Company, and The Title Company of North Carolina. Non -affiliates Companies not related by common ownership or control. They can be financial and non -financial companies. • Old Republic Title does not share with non -affiliates so they can market to you Joint marketing A formal agreement between non-affiliated financial companies that together market financial products or services to you. • Old Republic Title doesn't jointly market. Oregon residents only: We are providing you this notice under state law. We may share your personal information (described on page one) obtained from you or others with non -affiliate service providers with whom we contract, such as notaries and delivery services, in order to process your transactions. You may see what personal information we have collected about you in connection with your transaction (other than personal information related to a claim or legal proceeding). To see your information, please click on "Contact Us" at www.oldrepublictitle.com and submit your written request to the Legal Department. You may see and copy the information at our office or ask us to mail you a copy for a reasonable fee. If you think any information is wrong, you may submit a written request online to correct or delete it. We will let you know what actions we take. If you do not agree with our actions, you may send us a statement. Affillates Who May be Delivering American First Abstract, LLC American First Title & Trust American Guaranty Title Attorneys' Title Fund Compass Abstract, Inc. Company Insurance Company Services, LLC Genesis Abstract, LLC Kansas City Management L.T. Service Corp. eRecording Partners lenders Inspection Network, LLC Group, LLC Company Lex Terrae National Title Lex Terrae, Ltd. Mara Escrow Company Mississippi Valley Title National Title Agent's Services, Inc. Services Company Services Company Old Republic Branch Old Republic Diversified Old Republic Exchange Old Republic National Old Republic Title and Information Services, Inc. Services, Inc. Company Old Republic Title Company Title Insurance Company Escrow of Hawaii, Ltd. Old Republic Title Old Republic Title Co. Old Republic Title Company Old Republic Title of Conroe of Indiana Company of Nevada Company of Oklahoma Old Republic Title Company Old Republic Title Company Old Republic Title Company Old Republic Title Old Republic Title of Oregon of St. Louis of Tennessee Information Concepts Insurance Agency, Inc. Old Republic Title, Ltd. Republic Abstract & Sentry Abstract Company The Title Company of Title Services, LLC Settlement, LLC North Carolina Trident Land Transfer Company, LLC I l..__ 1S snlna8d m v 09 W Q w Q V J m 3 u N001 O cD i O Cr u') O Z o Z'o V m Ulm O Order: 2614022861 Page 1 of 2 Requested By' ORT7021XML. Printed: 9282017 5,12 PM Doc: CALOSA:MASS 6310-00023 (\j cc o, w //m 0) o I C� s- 0� lain Ox V R V ®,P O� i 10M GM O i ML t A�'1N G ON N N CUB O� N Fl! = 1-02- m C. F t=ks- Order 2614022861 Doc: CALOSA: MASS 6310-00023 Notice Page of 2-_-----_-_-----Requested By ORT7021XML, Panted 9,28/2C17 5 12 PM -- _ EXHIBIT C �1�11,C'l,E%1r Escrow Serve e, Inc. City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 RE: Property Address: 2915 East 60th Place #S, Huntington Park, CA 90255 Dear Carlos Fandino , Authorized Signer: 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Date: November 14, 2017 Escrow No.: 5044-LA We are pleased to inform you that the above referenced escrow was closed on November 13, 2017 and we enclose the following for your records: Our Check in the amount of $302,114.80 representing your proceeds. Final Settlement/Closing Costs Statement. Copy of 1099 Taxpayer Reporting Information. (This tax information is being furnished to the Internal Revenue Service.) Any documents to which you are entitled will be forwarded to you directly from the appropriate governing party. We hope this transaction has been handled to your satisfaction, and that we may be of service to you again should or escrow services in the future. Service, Inc. Escrow Officer/Manager LA j / N -Vnwri Escrow Se e, Inc. ery Century 21 Allstars 9155 Telegraph Road, 2nd Floor Pico Rivera, CA 90660 Attn: Luther Sanchez RE: Property Address: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Date: November 13, 2017 Escrow No.: 5044-LA We are pleased to inform you that the above referenced escrow was closed on November 13, 2017 and we enclose the following for your records: Copy of Closing Statement. Your commission check in the amount of $8,125.00. It has been a pleasure for us to handle your escrow transaction. We appreciate the opportunity to work with you and look ford to providing escrow services to you in the future. Officer/Manager LA Inc. Escrow Serve, Inc. SELLER'S CLOSING STATEMENT Final File No.: 5044-LA Officer/Escrow Officer: Letty Ascencio Buyer/Borrower: Eulises A. Perez 2915 East 60th Place #S, Huntington Park, CA 90255 Seller: City of Vernon 4305 Santa Fe Avenue, Vernon, CA 90058 Property: 2915 East 60th Place'IS, Huntington Park. CA 90255 12631 E. Imperial Highway Building "A", Suite 215 Santa Fe Springs CA 90670 Tel: (949) 954-6571 Fax: (949) 654-6575 Printed Date/Time: I I/14/2017-11:29:01AM Page I of, I Closing Date: 11!13/2017 Disbursement Date: 1 1/13/2017 Loan Number: 13951715131 1 DESCRIPTIONk'm"� ^ +;'; DL'BITS CREDI'rS "TOTAL CONSIDERATION 325.000,00 Upfront 1-I0A Fee- Earnest Deposit 204.00 1) RO 11 ATI 0 N S/A DJ U ST M ENTS: Pro perry 'lax (ii 4,773.39 per 12 month(s) 1 I •' 13r'21017 to 1 /01 /2018 6 36.-15 Flunicownel's Association DUes (ir 270.00 per I nlontll(s) 11 13'2017 to 1 1/30/2017 _ 14•4.00 COMMISSIONS): __.._.._ Listing liroker: Century 21 Allslars 8.125.00 _— Selling Broker: CL- LV G1_0UP 8,125.00 "TITLE CHARGES Owner's Premium for 325,000.00: Old Republic Title 1,252.00 Deed Recording Fee: Old Republic Title 18.00 COUlity Transfer Tax: Old Re ublic ,title 357.50 _ Subescrow Fee: Old Re ublic Title 50.00 ESCROW CHARGES TO: Concierge Escrow Service Inc. Settlement Agent Fee 1,062.50 Document Preparation Fee 125.00 Archive Fee 50.00 Messenger Fee 75.00 Wire Fee 25.00 TAXES: Property Tax 2017-2018 1 st Half to: Los Angeles County Tax Collector #6310.023.270 2,386.70 ADDITIONAL DISBURSEMENTS: _— Pest inspection: Warrior Termite 595.00 !_ _ Natural Hazard Report Fee: M NI-ID.Com 74.95 Transaction Coordinator Fee: Century 21 Allstars 275.00 Home Owner's Warranty: Old Republic Home Protection 480.00 — Statement Fee: HOAG Property Management Inc POC $105.00 105.00 Document Fee: FIOAG Property Management Inc POC $99.00 Late Fee: North Park I IOA Association Dues -November 2017: North Park HOA I u.00 270'0U - _�_ SUBTOTALS 23,665.65 3'S,78U.a5 DUE TO SELLER 302,1 14.80 •rim � � C 325,780.45 325,78 _ _. Letty Ascencio, Escrow Officer THIS IS A SUMMARY OF THE FINAL CLOSING TRANSACTION PREPARED BY CONCIERGE ESCROW SERVICE, INC.. Tl 115 IS NOT AN OFFICIAL GOVERNMENTAL_ DISCLOSURE. DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Escrow Service, Inc. SELLER'S CLOSING STATEMENT Estimated File No.: 5044-LA Officer/Escrow Officer: Letty Ascencin BuyerBorrower: Euliscs A, Percz Seller: City of Vcmon 4305 Santa Fe Avenue, Vernon, CA 90058 Property: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E. Imperial Highway Building "A", Suite 215 Santa Fe Springs CA 90670 Tel: (949) 954-6571 Fax: (949) 654-6575 Printed Date/Time: 11 06 2017 - 9:40 2nAhl Page I of 2 Closing Date: 11 072017 Disbursement Date: Loan Number: 138517151311 DESCRIPTION DEBITS CREDITS TOTAL CONSIDERATION 325.000.00 Upbont HOA Fee- Earnest Deposit 20400 PRORATI ONS/A DJUSTNI ENTS: Property Tax (a) 4.773.39 per 12 month(s) 11 072017 to 1 01.2018 71601 Homeowner's Association Dues (D 270.00 per 1 months 10 312017 to 11 072017 54.00 CONINIISSION S : Listing Broker: Century 21 Allstars 8.12500 Selling Broker: CHLV Group 8,12500 TITLE CHARGES Owncrs Premium for 325.000.00: Old Republic Title 1,252.00 Deed Recording Fee: Old Republic Title 75.00 Recording,Service Fee: Old Republic Title 50.00 County Transfer Tax: Old Republic Title 357,50 Subescrow Fee: Old Republic Title 50.00 Wire/Express: Old Republic Title 50.00 Courier Fee: Old Republic Title 75.00 ESCROW CHARGES TO: Concierge Escrow Service Inc. Settlement Agent Fee 1.062.50 Document Preparation Fee 125,00 Archive Fee 50.00 Messen er Fee 75.00 Wire Fee 50.00 TAXES: Property Tax 2017-2018 1st Half to: Los Angeles County Tax Collector #6310.023.270 2,386,70 ADDITIONAL DISBURSEMENTS: Pest Inspection: Warrior Tertnite 595.00 Natural Hazard Report Fee: M NHD.Com 7C95 Notary Service: Notary Public 30.00 Transaction Coordinator Fee. Century 21 Allstars 275,00 Home Owner's Warranty. Old Republic Home Protection 480.00 Statement Fee: HOAG Property Management Inc POC S 105.00 105.00 Document Fee: HOAG Promrty Management Inc POC $99,00 Late Fee: North Park HOA 10.00 SUBTOTALS 23.682.65 325 770 01 DUE TO SELLER 302,087.36� TOTALS 325,770.011 325.77071 City of Vernon DocuSigned by: C-.,r63 F�AAAO y fq{t)��p,4qb�grized Signer DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 File No.: 291 /vrw Escrow Sery Ve. Inc. SELLER'S CLOSING STATEMENT Estimated Park, CA 90255 12631 E. Imperial Highway Building W, Suite 215 Santa Fe Springs CA 9D670 Tel: (949) 954-6571 Fax: (949) 654-6575 Printed Datefrime: 11 062017 - 9:40:20AN1 Page 2 of 2 111s IS A,UIMMARY M' I Iff !:S'ITMATFJ) CLOSING TRANWA If-)N' RY C'0N(.IFIkG!7 FS(TOW SERVICIF INC THIS IS NOT AN OFFICIAL GOVERNMENTAL DISCLOSURE. DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Closing Disclosure Closing Information Date Issued Closing Date Disbursement Date Settlement Agent File S Property Sale Price 11/06/2017 11/06/2017 Concierge Escrow 5044-LA 2915 East 60th Place #5 Huntington Park, CA $325,000 Summaries of Transactions SELLER'S TRANSACTION Due to Seller at Closing $325,054.00 Sale Price of Property $325,000.00 Sale Price of Any Personal Property Included in Sale Adjustments for Items Paid by Seller In Advance City/Town Taxes to County Taxes to Assessments to Homeowner's Association Dues Due from Seller at Closing Excess Deposit Closing Costs Paid at Closing (J) Existing Loan(s) Assumed or Taken Subject to Payoff of First Mortgage Loan Payoff of Second Mortgage Loan Upfront HOA Fee- Earnest Deposit Seller Credit Adjustments for Items Unpaid by Seller City/TownTaxes to County Taxes 11/97/2017 to 01/01/2018 Assessments to CALCULATION Transaction Information Borrower Eulises A Perez Seller City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Contact Information — REAL ESTATE BROKER (8) Name 12063 CHLV Group Address South Atlantic Blvd Suite 2H License ID Contact Contact License ID Email Phone Monterey Park, CA 91754 01517692 Kevin Wang 01891517 REAL ESTATE BROKER (S) Name Century 21 Allstars $54.00 Address 91SS Telegraph Road, 2nd Floor Pico Rivera, CA 90660 License ID 01280965 Contact Luther Sanchez $22,966.64 Contact License ID $23,478.65 Email Phone (562) 755-9387 SETTLEMENT AGENT $204.00 Name Concierge Escrow Service, Inc. Address 12631 E Imperial Highway, Building Santa Fe Springs, CA 90670 License ID 96-DBO-72260 Contact Letty Ascencio Contact License ID Email letty@conciergeescrowservice.com Phone (949) 954-6571 •$716.01 Total Due to Seller at Closing $325,054.00 Total Due from Seller at Closing $22,966.64 Cash to Close QFrom ©To Seller $302,087.36 Questions? If you have questions about the loan terms or costs on this form, use the contact information above. To get more information or make a complaint, contact the Consumer Financial Protection Bureau at www.consumerfinance.gov/mortgage-closing CLOSING DISCLOSURE PAGL 1 Uh 3 DocuSign Envelope ID187E45C9-7C96-419D-8720-EOD3F7689645 Closing Cost Details Saller•Paid 1 At Closing Before Closing A. Origination Charges 0% of Loan Amount (Points) B. Services Borrower Did Not Shop For C. Services Borrower Did Shop For Courier Fee to Old Republic Title $75.00 Recording Service Fee to Old Republic Title $50.00 Subescrow Fee to Old Republic Title $50.00 Title - Archive Fee to Concierge Escrow Service, Inc. $50.00 Title - Document Preparation Fee to Concierge Escrow $125.00 Title - Messenger Fee to Concierge Escrow Service, Inc. $7S.00 Title - Settlement Agent Fee to Concierge Escrow Service, Inc. $1,062.50 Title - Wire Fee to Concierge Escrow Service, Inc. $50.00 Title - Wire/Express to Old Republic Title $50.00 E. Taxes and Other Government Fees Recording Fees Deed: $75.00 Mortgage: $75.00 County Transfer Tax to Old Republic Title $357.50 F. Prepaids Homeowner's Insurance Premium mo. to Mortgage Insurance Premium mo. to Prepaid Interest per day from to Property Taxes mo. to Los Angeles County Tax Collector $2,386.70 G. Initial Escrow Payment at Closing Homeowner's Insurance per month for mo. Mortgage Insurance per month for mo. Property Taxes per month for mo. Aggregate Adjustment H. Other Document Fee to HOAG Property Management Inc $99.00 Home Owner's Warranty to Old Republic Home Protection $480.00 3 late Fee to North Park HOA $10.00 Natural Hazard Report Fee to MyNHD.Com $74.95 Notary Service to Notary Public $30.00 Pest Inspection to Warrior Termite $S95.00 Real Estate Commission to Century 21 Allstars $8,125.00 Real Estate Commission to CHLV Group $8,125,00 Statement Fee to HOAG Property Management Inc $105.00 $105.00 Title - Owner's Premium to Old Republic Title $1,252.00 Transaction Coordinator Fee to Century 21 Allstars $275.00 J. TOTAL CLOSING COSTS $23,478.65 $204.00 By signing, you are only confirming that you have received this form. DocuSigned by: .. rias F.A- AO 11/7/2017 ell SSeonyt [e Date Seller Signature Date �Z9e7n00 N.490 C'LOStNG LASCLOSUR-L PAGE; 2 Or 3 DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Addendum Closing Information: Date Issued: 11/06/2017 Closing Date: 11/06/2017 Property Information: 2915 East 60th Place #S Huntington Park, CA 90255 Transaction Information: Borrower: Eulises A Perez Address: City/ST/Zip: Seller: City of Vernon Address: 4305 Santa Fe Avenue City/ST/Zip: Vernon, CA 90058 Loan Costs C. Services Borrower Did Shop For 05 Title - Document Preparation Fee to Concierge Escrow Service, Inc. S 125.00 File No: 5044-LA SELLER'S TRANSACTION M. Due to Seller at Closing Adjustments for Items Paid by Seller in Advance 12 Homeowner's Association Dues 10/31/2017 to 11/07/2017 $54.00 Closing Information, Settlement Agent Text that could not fit on pages 1-S are shown in full here. Text cierge Escrow Service, Inc. CLOSING DISCLOSU'RL PACI: 3 OF DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 Escrow Servi e, Inc. Date: November 6, 2017 RE: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax:949-954-6575 INSTRUCTIONS TO PAY COMMISSION Upon close of escrow, from funds received and or held by you on my behalf you arc instructed to pay: Century 21 Allstars a licensed real estate broker, the sum of 8,125.00 Escrow No.: 5044-LA Escrow Officer. Letty Ascencio 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 of Vemon DocuSigned by: r—c1 , r�j F. AMAO By: Ca F,MOjig"tborized Signer Please mail payment(s) to address(s) below, unless payment is called for on the day the above escrow is closed. Broker: Century 21 Allstars License No.: 01280965 Agent: Luther Sanchez Address: 9155 Telegraph Road, 2nd Floor Pico Rivera, CA 90660 By: _ Telephone No.: l %r J l t�tley"" fh Escrow Servi e, Inc. Date: November 6. 2017 RE: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 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 8,115.00 Escrow No.. 5044-LA Escrow Officer: Letty Ascencio 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 of Vernon By: Carlos Fandino, Authorized Signer Please mail payment(s) to address(s) below, unless payment is called for on the day the above escrow is closed Broker: Century 21 Allstars License No.: 01280965 Agent: Luther Sanchez Address: 9155 Telegraph Road, 2nd Floor -- - Pico Rivera, CA 90660 By: -� Telephone No. --- : DocuSign Envelope ID: 1 B7E45C9-7C96-419D-8720-EOD3F7689645 Escrow Servi Ze, Inc. Date: November 6, 2017 RE 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 INSTRUCTIONS TO PAY COMMISSION Upon close of escrow, from funds received and or held by you on my behalf you are instructed to pay: CHLV Group a licensed real estate broker, the SUM of 8,125.00 Escrow No: 5044-LA Escrow Officer: Letty Ascencio 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 of Vemon Docu Signee�d by: By: rloja Aq#&Aythorized Signer Please mail payment(s) to address(s) below, unless payment is called for on the day the above escrow is closed. Broker: CHLV Group License No.: 01517692 Agent: Kevin Wang Address: 2063 South Atlantic Blvd, Suite 2H Monterey Park, CA 91754 By. Telephone No.: Escrow Servr e, Inc. Date: November 6, 201 RE: 2915 East 60th Place #S, Iluntington Park, CA 90255 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 INSTRUCTIONS TO PAY COMMISSION Upon close of escrow, from funds received and/or held by you on my behalf you are instructed to pay: CHLV Group a licensed real estate broker, the sum of H 8,125.00 Escrow No.: 5044-LA Escrow Officer: Letty Ascencio 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 of Vernon By: Carlos Fandino, Authorized Signer Please mail payment(s) to address(s) below, unless payment is called for on the day the above escrow is closed. Broker: CHLV Group License No.: 01517692 Anent Kevin Nang Address: 2063 South Atlantic Blvd, Suite 21.1 Monterey Park, CA 91754 11 /07/2017 �a 7��an '. 01:47 PM PST By: # 9 Telephone No.: 9/28/2017 www2.dre.ca.gov/PublicASP/pplinfo.asp?start=l STATE OF CALIFORNIA BUREAU OF REAL ESTATE The license information shown below represents public information taken from the Bureau of Real Estate(CalBRE) database at the time of your inquiry. It will not reflect pending changes which are being reviewed for subsequent database updating. Also, the license information provided includes formal administrative actions that have been taken against licensees pursuant to the Business and Professions Code and/or the Administrative Procedure Act. All of the information displayed is public information. Although the business and mailing addresses of real estate licensees are included, this information is not intended for mass mailing purposes. License information taken from records of the Bureau of Real Estate on 9/28/2017 5:45:16 PM License Type: Name: Mailing Address: License ID: Expiration Date: License Status: CORPORATION Chlv Group Inc 2063 SOUTH ATLANTIC BLVD SUITE 2H MONTEREY PARK, CA 91754 01517692 11/21/17 LICENSED MLO License Endorsement: 311140 (Click here to check the status of the MLO License Endorsement.) Corporation License Issued: 11/22/05 Former Name(s): NO FORMER NAMES Main Office: 2063 SOUTH ATLANTIC BLVD SUITE 2H MONTEREY PARK, CA 91754 Licensed Officer(s): DESIGNATED OFFICER 01121265 - Expiration Date: 11/21/17 Huang, Chay DBA Bargain Credit Mortgage ACTIVE AS OF 11/22/2005 Branches: NO CURRENT BRANCHES Salespersons: 01835505 - Fernandez, Paul B License Expiration Date: 03/25/2020 01783628 - Nunez, Lorena License Expiration Date: 04/19/2021 01891517 - Wang, Kevin License Expiration Date: 12/10/2018 Comment: NO DISCIPLINARY ACTION NO OTHER PUBLIC COMMENTS »» Public information request complete «« http://www2.dre.ca.gov/PublicASP/pplinfo.asp?start=l 1 /2 9/28/2017 www2.dre.ca.gov/PublicASP/pplinfo.asp?start= 1 http://www2.dre.ca.gov/PublicASP/pplinfo.asp?start=1 2/2 9/28/2017 �vww2.dre.ca.gov/publicasp/pplinfo.asp?License_id=01891517 STATE OF CALIFORNIA BUREAU OF REAL ESTATE The license information shown below represents public information taken from the Bureau of Real Estate(CalBRE) database at the time of your inquiry. It will not reflect pending changes which are being reviewed for subsequent database updating. Also, the license information provided includes formal administrative actions that have been taken against licensees pursuant to the Business and Professions Code and/or the Administrative Procedure Act. All of the information displayed is public information. Although the business and mailing addresses of real estate licensees are included, this information is not intended for mass mailing purposes. License information taken from records of the Bureau of Real Estate on 9/28/2017 5:47:26 PM License Type: SALESPERSON Name: Mailing Address: License ID: Expiration Date: License Status: Wang, Kevin PO BOX 755 SAN DIMAS, CA 91773 01891517 12/10/18 LICENSED Salesperson License Issued: 11/22/10 Former Name(s): NO FORMER NAMES Employing Broker: License ID: 01517692 Chlv Group Inc 2063 SOUTH ATLANTIC BLVD SUITE 2H MONTEREY PARK, CA 91754 Comment: NO DISCIPLINARY ACTION NO OTHER PUBLIC COMMENTS »» Public information request complete «« http://www2.dre.ca.gov/publicasp/pplinfo.asp?License_id=01891517 1/1 7575 ❑ VOID ❑ CORRECTED FILER'S name. street address. city or town, state or province, country, ZIP 1 Date of closing or foreign postal code, and telephone number OMB No. 1545.0997 Concierge Escrow Service, Inc. 12631 E Imperial Highway, Building'A', Suite 215 November 13, 2017 2017 Proceeds From Real 2 Gross proceeds Santa Fe Springs, CA 90670 Estate Transactions (949) 954-6571 $326,000.00 Form 1099-S FILER'S federal identification number TRANSFERORS identification number 3 Address or legal description (including citystate. and ZIP code) Copy A 82-1585311 95-6000808 2915 East 60th Place #S For Huntington Park, CA 90255 Internal Revenue Service Center File with Form 1096 TRANSFEROR'S name For Privacy Act and Paperwork 4 Check here if the transferor received or will receive City of Vernon property or services as part of the consideration ► ❑ Reduction Act Notice. see the Street address (including apt no.) 4305 Santa Fe Avenue 2017 General Instructions for Certain 5 Check here if the transferor is a foreign person nonresident alien, foreign partnership, foreign estate, ( 9 p P g City or town, state or province, country, and ZIP or foreign postal code Vernon,CA 90058 or foreign trust) ► ❑ Information Returns. Account or escrow number (see instructions) 6 Buyer's partof real estate tax 5044-LA s636.45 Form 1099-S Cat. No. 64292E www.irs.gov/form1099s Department of the Treasury — Internal Revenue Service ❑ CORRECTED Qf checked FILER'S name, street address, city or town, state or province, country, ZIP 1 Date of closing or foreign postal code, and telephone number OMB No. 1545-0997 Concierge Escrow Service, Inc. 12631 E Imperial Highway, Building 'A', Suite 215 November 13, 2017 2017 Proceeds From Real 2 Gross proceeds p Santa Fe Springs, CA 90670 Estate Transactions (949) 954-6571 $325,000.00 Form 1099-S FILER'S federal identification number TRANSFEROR'S identification number 3 Address or legal description Copy B 82-1585311 95-6000808 2915 East 60th Place #S For Transferor Huntington Park, CA 90255 This is important tax information and is being furnished to the Internal Revenue Service. If you TRANSFEROR'S name are required to file return, a negligence 4 Transferor received or will receive property or services City of Vernon as part of the consideration (if checked) ► ❑ penalty or other Street address (including apt. no.) sanction may be 4305 Santa Fe Avenue imposed on you if this item is required to be 5 If checked, transferor is a foreign person (nonresident City or town, state or province, country, and ZIP or foreign postal code alien, foreign partnership, foreign estate, or foreign reported and the IRS Vernon,CA 90058 trust) . . ► ❑ determines trial it has not been reported. Account or escrow number (see instructions) 6 Buyer's part of real estate lax 5044-LA $636.45 Form 1099-S (keep for your records) www.irs.gov/forml099s Department of the Treasury — Internal Revenue Service ❑ VOID ❑ CORRECTED FILER'S name, street address, city or town, state or province, country, ZIP 1 Date of closing or foreign postal code, and telephone number OMB No. 1545-0997 Concierge Escrow Service, Inc. 12631 E Imperial Highway, Building 'A', Suite 215 November 13, 2017 2017 Proceeds From Real 2 Gross proceeds Santa Fe Springs, CA 90670 Estate Transactions (949) 954-6571 $325,000.00 Form 1099-S FILER'S federal identification number TRANSFERORS identification number 3 Address or legal description (including city. state_ and ZIP code) Copy C 82.1585311 95-6000808 2915 East 60th Place #S For Filer Huntington Park, CA 90255 For Privacy Act and Paperwork TRANSFEROR'S name Reduction Act 4 Check here if the transferor received or will receive Notice, see the City of Vernon property or services as pan of the consideration ► ❑ 2017 General Street address (including apt. no.) Instructions for 4305 Santa Fe Avenue Certain 5 Check here if the transferor is a foreign person City or town, state or province, country, and ZIP or foreign postal code (nonresident alien, foreign partnership, foreign estate. Information Vernon,CA 90058 or foreign trust) . . . . . . ► ❑ Returns. Account or escrow number (see instructions) 6 Buyer's part of real estate tax 5044-LA s636.45 Form 1099-S www.irs.gov/form1099s Department of the Treasury — Internal Revenue Service 12631 E. Imperial Highway COMMUNITY/ BANK /e. Building "A", Suite 215 12215 Telegraph Road, Ste.107 Santa Fe Springs, CA 90670 Santa Fe Springs. CA90670 Escrow Servi Inc. (949) 954-6571 Check No. 5107 Escrow No.: 5044-LA Date: 11/29/2017 $ 302.114.80 Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/29/2017 Escrow No.: 5044-LA Payee: City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Seller Proceeds 302,114.80 Check No. 5107 (LA) Closed: 11/13/2017 $302,114.80 Seller Proceeds Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/29/2017 Escrow No.: 5044-LA (LA ) Payee: City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Seller Proceeds 302,114.80 Check No. 5107 Closed: 11/13/2017 $302,114.80 Seller Proceeds Property: 2915 East 60th Place #S, Huntington Park, CA 90255 nZ:iilal IR�I1ib.��stse '� a 491y °`>c'Jn 12631 E_ Imperial Highway COMMUNITY BANK Building "A" Suite 215 12215 Tefegrzph Road, Ste'u' Santa Fe Springs, CA 90670 Santa Fe S;nncs, CA90e70 Escrow Service, Inc. (949) 954-6571 Check No. 5044 Escrow No.: 5044-LA Pay FIVE HUNDRED FIFTY AND NO/100 DOLLARS To The North Park HOA Order Q0 HVAG Pr&P/> . r Of IDS�z�c� S� oun+ P� Yd ow-ryny Cj:v ctoa-` j Date 11/14/2017 $550,00 u■ SO4411, 1: L 2 2 20 34 7 0: 050400 288 2112 Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/14/2017 Escrow No.: 5044-LA Payee: North Park HOA Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Association Dues 270.00 Miscellaneous Fee 10.00 Association Dues 270.00 Check No. 5044 (LA) Closed: 11/13/2017 $550.00 Homeowner's Association Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Check No. 5044 Date 11/14/2017 Escrow No.: 5044-LA (LA) Closed: 11/13/2017 $550.00 Payee: North Park HOA Seller. City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2 Detail: Association Dues 270.00 Miscellaneous Fee 10.00 Association Dues 270.00 Homeowner's Association Property: 2915 East 60th Place #S, Huntington Park, CA 90255 r r r rr r o• �• r � 'r 12631 E. Imperial Highway COMMUNITY BANK �,lPtl �J Building "A", Suite 215 12215 Telegraph Road. Ste.107 Santa Fe Springs, CA 90670 Santa Fe S nngs. CA 90e70 Escrow Service, Inc. (949) 954-6571 Check No. 5040 Escrow No. 5044-LA Pay TWO HUNDRED SEVENTY FIVE AND NO/100 DOLLARS To The Century 21 Allstars Order 9155 Telegraph Road, 2nd Floor Of Pico Rivera, CA 90660 Date. 111/13/2017 $ 275.00 ll' SO4011' ll: 1 2 2 20 3 t, ? 0: 0 60 t,00 288 21l' Concierge Escrow Service Inc. - (949) 954-6571 Date. 11/13/2017 Escrow No.: 5044-LA Payee: Century 21 Allstars 9155 Telegraph Road, 2nd Floor Pico Rivera, CA 90660 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Miscellaneous Fee 275.00 Escrow Trust Account z r s; 1 f_. Check No. 5040 (LA) Closed: 11/13/2017 $275,00 Miscellaneous Fee Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA (LA) Closed Payee: Century 21 Allstars 9155 Telegraph Road, 2nd Floor Pico Rivera, CA 90660 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Miscellaneous Fee 275.00 Check No. 5040 11/13/2017 $ 275.00 Miscellaneous Fee Property: 2915 East 60th Place #S, Huntington Park, CA 90255 tu..s •,. : �: _ .�. :,., „r � ni�"',�'�'?:.q �T'��T'°y_�i= `'`Pf: ::1�i`*`�lii.�'��i%y"- 12631 E. Imperial Highway COV MI NITANK y BuildingA", Suite 215 Y B 12215 Telegraph Road. Ste.107 t` •/i(� Jr��% Santa Fe Springs, CA 90670 Santa Fe Sprl ;^s CA 90070 Escrow ServXe. Inc. (949) 954-6571 y Check No. 5038 Escrow No.: 5044-LA Pay SEVENTY FOUR AND 95/100 DOLLARS To The MyNHD.Com Order 11000 Wilshire Blvd #1426 Of Los Angeles, CA 90024 Date 11/13/2017 $ 74.95 9513-1 13 11' SO 3811' 11: L 2 2 20 34 7 0: 050400 288 211' Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA Payee: MyNHD.Com 11000 Wilshire Blvd #1426 Los Angeles, CA 90024 Seller: City of Vernon Buyer: Eulises A. Perez Ref: 9513-113 Memo 1: 9513-113 Memo 2: Detail: Natural Hazard Report Fee 74.95 Check No. 5038 (LA) Closed: 11/13/2017 $ 74.95 Miscellaneous Fee Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business' Concierge Escrow Service Inc. - (949) 954-6571 Check No. 5038 Date: 11/13/2017 Escrow No.: 5044-LA (LA) Closed: 11/13/2017 $ 74.95 Payee: MyNHD.Com 11000 Wilshire Blvd #1426 Los Angeles, CA 90024 Seller: City of Vernon Miscellaneous Fee Buyer: Eulises A. Perez Property: 2915 East 60th Place #S, Huntington Park, CA 90255 Ref: 9513-113 Memo 1: 9513-113 Memo 2: Detail: Natural Hazard Report Fee 74.95 �Vwv 12631 E. Imperial Highway COMMUNITY BANK Ze. Building -A", Suite 215 12215 Telegraph Road. Ste.107 Santa Fe Springs, CA 90670 Santa Fe Springs, CA90670 Escrow Servr Inc. (949) 954-6571 Check No. 5037 Escrow No.: 5044-LA Date: 11/13/2017 Pay FOUR HUNDRED EIGHTY AND NO/100 DOLLARS To The Old Republic Home Protection —'� SCyt Order PO BOX 5017 Of San Ramon, CA 94583 11' S0 3 711' 1: L 2 2 20 34 7 11: 0604DO 288 211, Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA Payee: Old Republic Home Protection PO BOX 5017 San Ramon, CA 94583 Seller: City of Vernon Buyer: Eulises A. Perez Ref: 26117473 Memo 1: 26117473 Memo 2: Detail: Home Owner's Warranty 480.00 $ 480.00 w Trust Account 7- Check No. No. 5037 (LA) Closed: 11/13/2017 $480.00 Home Owner's Warranty Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA (LA) Closed Payee: Old Republic Home Protection PO BOX 5017 San Ramon, CA 94583 Seller: City of Vernon Buyer: Eulises A. Perez Ref: 26117473 Memo 1: 26117473 Memo 2: Detail: Home Owner's Warranty 480.00 Check No. 5037 11/13/2017 $480.00 Home Owner's Warranty Property: 2915 East 60th Place #S, Huntington Park, CA 90255 w � '• r �''r w• • •.or o . • s I+ 1'1u ..i'r�" i`.�;a _•�r :. w •.- r - yam'_. az%.:,.:;.:,,.. - 12631 E. Imperial Highway COMMUNITY BANK %l <J Building "A", Suite 215 12215 Telegraph Road Ste.107 Santa Fe Springs, CA 90670 Santa =e Springs. CA 90670 Escrow Servi e, Inc. (949) 954-6571 Check No. 5035 Escrow No. 5044-LA Pay FIVE HUNDRED NINETY FIVE AND NO/100 DOLLARS To The Warrior Termite Order 13640 Imperial Hwy #13 Of Santa Fe Springs, CA 90670 Date: 11/13/2017 5595.00 "'SO 3 SII' 1: 1 2 2 20 34 7 0: 060400 288 211' Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA Payee: Warrior Termite 13640 Imperial Hwy #13 Santa Fe Springs, CA 90670 Seiler: City of Vernon Buyer: Eulises A. Perez Ref: ja3332 Memo 1: ja3332 Memo 2: Detail: Pest Inspection 595.00 Check No. 5035 (LA y Closed: 11/13/2017 $595.00 Pest Property: We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Date. 11/13/2017 Escrow No.: 5044-LA (LA ) Payee: Warrior Termite 13640 Imperial Hwy #13 Santa Fe Springs, CA 90670 Seller: City of Vernon Pest Buyer: Eulises A. Perez Property Ref: ja3332 Memo 1: ja3332 Memo 2: Detail: Pest Inspection 595.00 2915 East 60th Place #S, Huntington Park, CA 90255 Check No. 5035 Closed: 11/13/2017 $ 595.00 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E. Imperial Highway COMMUNIT_y BANK Building "A" Suite 215 1_215 Telegrapn Road, Ste. 107 Santa Fe Springs, CA 90670 Sa-.ta =e Springs. CA 90670 Escrow Servi e, Inc. (949) 954-6571 Check No. 5034 Escrow No.: 5044-LA Pay ONE HUNDRED FIVE AND NO/100 DOLLARS To The HOAG Property Management Inc Order 10551 Paramount Blvd i Of Downey, CA 90241 Date 11/13/2017 $ 105.00 0S03L,it 1: 1 2 2 2 0 3 4 7 11: 0E04002aS2I's Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA Payee: HOAG Property Management Inc 10551 Paramount Blvd Downey, CA 90241 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Statement Fee 105.00 E crow. Trust Account rx . Check No. 5034 (LA) Closed: 11/13/2017 $105.00 Management Company Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business( Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA (LA ) Payee: HOAG Property Management Inc 10551 Paramount Blvd Downey, CA 90241 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Statement Fee 105.00 Check No. 5034 Closed: 11/13/2017 $105.00 Management Company Property: 2915 East 60th Place #S, Huntington Park, CA 90255 n a�ii. r�. s • �� : n�� ii7:i it ffd 12631 E, Imperial Highway COMMUNITY BANK 7e, �Building "A". Suite 215 12215TelegraphRoad,S!e107 Santa Fe Springs. CA 90670 San;a=e Springs cA 90570 Escrow ServiInc. (949) 954-6571 Check No. 5033 Escrow No.. 5044-LA Date: 11/13/2017 8 8,125.00 Pay EIGHT THOUSAND ONE HUNDRED TWENTY FIVE AND NO/100 DOLLARS To The CHLV Group Order 2063 South Atlantic Blvd Of Suite 2H Monterey Park, CA 91754 "ISO 3311' 1:1222034711: CC. 04002BB211' Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA Payee: CHLV Group 2063 South Atlantic Blvd Suite 2H Monterey Park, CA 91754 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Gross Commission 8,125.00 Check No. 5033 (LA) Closed. 11/13/2017 $8,125.00 Selling Broker Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA (LA ) Payee: CHLV Group 2063 South Atlantic Blvd Suite 2H Monterey Park, CA 91754 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Gross Commission 8,125.00 Check No. 5033 Closed: 11/13/2017 $ 8,125.00 Selling Broker Property: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E. Imperial Highway COMMUNITY BANK Building "A", Suite 215 12215 Telegraoh Road. Ste. 107 Santa Fe Springs, CA 90670 S3nta -e Springs, CA90c70 Escrow Servii e, Inc. (949) 954-6571 Check No. 5032 Escrow No: 5044-LA Date: 11/13/2017 $8,125.00 Pay EIGHT THOUSAND ONE HUNDRED TWENTY FIVE AND NO/100 DOLLARS To The Century 21 Allstars Order 9155 Telegraph Road, 2nd Floor Of Pico Rivera, CA 90660 i Ref: ------- -- II' S0 3 211, 1: L 2 2 20 34 7 11: 060400 288 211' Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA Payee: Century 21 Allstars 9155 Telegraph Road, 2nd Floor Pico Rivera, CA 90660 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Gross Commission 8,125.00 Check No. 5032 (LA) Closed: 11/13/2017 $8,125.00 Listing Broker Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business' Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/13/2017 Escrow No.: 5044-LA Payee: Century 21 Allstars 9155 Telegraph Road, 2nd Floor Pico Rivera, CA 90660 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Gross Commission 8,125.00 Check No. 5032 (LA) Closed: 11/13/2017 $8,125.00 Listing Broker Property: 2915 East 60th Place #S, Huntington Park, CA 90255 DocuSign Envelope ID: 1B7E45C9-7C96-419D-8720-EOD3F7689645 /;.. 12631 E Imperial Highway Building "A", Suite "215" r �Santa Fe Springs, CA 90670 Tel: 949-954-6571 Escrow Servi' e, Inc. Fax: 949-954-6575 INSTRUCTIONS FOR NET PROCEEDS Date: November 6, 2017 Escrow No.: 5044-LA TO: Concierge Escrow Service, Inc. I/We hereby authorize and direct Concierge Escrow Service, Inc. to disburse my"our net proceeds as follows: (Check the applicable section) 1. ❑ Hold the proceeds check for pick up and call when check is ready at the following number: 2. ❑ I/We authorized the proceeds check to be picked up by: 3. ❑ I/We instruct that the proceeds check be sent to our agent. 4. ❑ I/We instruct Concierge Escrow Service, Inc. to wire out proceeds to: Bank Name: Address: ABA #: Account #: Account Name: 5. ❑ Transfer the net proceeds to the following escrow: Company: Address: Phone Number: Escrow Officer: Escrow Number: 6. ❑ Split proceeds as follows: (Please indicate names, amounts or percentages) 7. ® I We instruct you to mail out proceeds to the following address: 4305 Santa Fe Ave Vernon Ca 90058 City of Vernon DocuSigneed by: ___ G�3___E..,A-.AQ.__...._ By rlo�2tMi 69p Authorized Signer SUPPORTING INFORMATION Concierge Escrow Service Inc. - (949) 954-6571 Date: 11/29/2017 Escrow No.: 5044-LA Payee: City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 Seller: City of Vernon Buyer: Eulises A. Perez Ref: Memo 1: Memo 2: Detail: Seller Proceeds 302,114.80 Check No. 5107 (LA ) Closed: 11/13/2017 $ 302,114.80 Seller Proceeds Property: 2915 East 60th Place #S, Huntington Park, CA 90255 We Appreciate Your Business! R D E C E D 2 l % CITY OF VERNON F!N.V,J:;E DF°T City of Vernon, California Finance Department 4305 South Santa Fe Avenue Vernon, CA 90058 323-583-8811 www.cityofvernon.org 001014-0044 Joaquin L 12/20/2017 0 :51PM FINANCE Payment Tran Code: Sale of Capital Assets (socap) Description: SALES PROCEEDS: 2915 E 60TH PLACE APT S, HUNTINGTON PARK,, CA 90255 Sale of Capital Assets (socap) 2017 Item: socap Sale of Capital Assets (socap) 302,114.80 011.1048.670010 302,114.80C Payment Id: 62250 302,114.80 Subtotal 302,114.80 Total 302,114.80 CHECK 302,114.80 Check Number 5107 --------------- Change due 0.00 Paid by: CONCIERGE ESCROW SERVICE INC f r"` a' Escrow Serve, Inc. City of Vernon 4305 Santa Fe Avenue Vernon, CA 90058 RE: Property Address: 2915 East 60th Place #S, Huntington Park, CA 90255 Dear Carlos Fandino , Authorized Signer: 12631 E Imperial Highway Building "A", Suite "215" Santa Fe Springs, CA 90670 Tel: 949-954-6571 Fax: 949-954-6575 Date: November 14, 2017 Escrow No.: 5044-LA We are pleased to inform you that the above referenced escrow was closed on November 13, 2017 and we enclose the following for your records: Our Check in the amount of $302,114.80 representing your proceeds. Final Settlement/Closing Costs Statement. Copy of 1099 Taxpayer Reporting Information. (This tax information is being furnished to the Internal Revenue Service.) Any documents to which you are entitled will be forwarded to you directly from the appropriate governing party. We hope this transaction has been handled to your satisfaction, and that we may be of service to you again should you havAhe need for escrow services in the future. Service, Inc. Escrow Officer/Manager LA -s —i T _ —M t-i !y N. ._..t J 4iL _t it x: ,+ ,Z-4 t t +' C. 171 .. t o -A C. ry -_ r_t r_t f� t I�t tlf`I -T7 ' 7575 ❑ VOID FILER'S name, street address, city or town, state or province, cc or foreign postal code, and telephone number Concierge Escrow Service, Inc. 12631 E Imperial Highway, Building'A', Suite 215 Santa Fe Springs, CA 90670 (949)954-6571 82-1585311 1 95-6000808 I KANJrtKUR J name City of Vernon Street address (including apt. no.) 4305 Santa Fe Avenue City or town, state or province, country, and ZIP or foreign postal Vernon,CA 90058 Account or escrow number (see instructions) 5044-LA Form 1099-S Cat. No. 64292E CORRECTED November 13. 2017 number 3 Address or legal description (includ 2916 East 60th Place #S Huntington Park, CA 90255 FILER'S name, street address, city or town, state or province, country or foreign postal code, and telephone number Concierge Escrow Service, Inc. 12631 E Imperial Highway, Building 'A', Suite 215 Santa Fe Springs, CA 90670 (949)954-6571 FILER'S federal Identification number I TRANSFEROR'S identification 82-1585311 95-6000808 TRANSFEROR'S name City of Vernon Street address (including apt. no.) 4305 Santa Fe Avenue City or town, state or province, country, and ZIP or foreign postal code Vernon,CA 90058 Account or escrow number (see instructions) 5044-LA Form 1099-S (keep for your records) U VOID FILER'S name, street address, city or town, state or province. country or foreign postal code, and telephone number Concierge Escrow Service, Inc. 12631 E Imperial Highway, Building 'A', Suite 215 Santa Fe Springs, CA 90670 (949)954-6571 82-1585311 1 95-6000808 OMB No. 1545-0997 2017 Proceeds From Real Estate Transactions Form 1099-S g city, state, and Z 4 Check here if the transferor received or will receive property or services as part of the consideration ► ❑ 5 Check here if the transferor is a foreign person (nonresident alien, foreign partnership, foreign estate, or foreign trust) . . ► ❑ 6 Buyer's part of real estate tax $636.45 Copy A For Internal Revenue Service Center File with Form 1096 For Privacy Act and Paperwork Reduction Act Notice, see the 2017 General Instructions for Certain Information Returns. www.irs.gov/form1099s Department of the Treasury - Internal Revenue Service of closing OMB No. 1545-0997 November 13, 2017 2017 2 Gross proceeds $325,000.00 Form 1099-S 3 Address or legal description 2915 East 60th Place #S Huntington Park, CA 90255 4 Transferor received or will receive property or servi as part of the consideration (if checked) . . 5 If checked, transferor is a foreign person (nonresidl alien, foreign partnership, foreign estate, or foreign trust) . . . . . . . . . ► Proceeds From Real Estate Transactions Copy B For Transferor This is important tax information and is being furnished to the Internal Revenue Service. If you are required to file a s return, a negligence P. ❑ penalty or other sanction may be 1t imposed on you if this item is required to be reported, and the IRS ❑ determines that it has not been reported. $636.45 www.irs.gov/forml099s Department of the Treasury - Internal Revenue Service CORRECTED OMB No, 1545-0997 November 13, 2017 2017 Proceeds From Real 2 Gross proceeds Estate Transactions $326,000.00 I Form 1099-S 3 Address or legal description (including city, state, and ZIP code) 2915 East 60th Place #S Huntington Park, CA 90255 I RANSrtROR S name 4 Check here if the transferor received or will receive City of Vernon property or services as part of the consideration ► ❑ Street address (including apt. no.) 4305 Santa Fe Avenue 5 Check here if the transferor is a foreign person City or town, state or province, country, and ZIP or foreign postal code (nonresident alien, foreign partnership, foreign estate, Vernon,CA 90058 or foreign trust) . . . . . . . . .► ❑ Account or escrow number (see instructions) 6 Buyer's part of real estate tax 5044-LA s636.45 Copy C For Filer For Privacy Act and Paperwork Reduction Act Notice, see the 2017 General Instructions for Certain Information Returns. Form 1099-S www.irs.gov/form1099s Department of the Treasury - Internal Revenue Service Escrow Serve, Inc. SELLER'S CLOSING STATEMENT Final File No.: 5044-LA Officer/Escrow Officer: Letty Ascencio Buyer/Borrower: Eulises A. Perez 2915 East 60th Place #S, Huntington Park, CA 90255 Seller: City of Vernon 4305 Santa Fe Avenue, Vernon, CA 90058 Property: 2915 East 60th Place #S, Huntington Park, CA 90255 12631 E. Imperial Highway Building "A", Suite 215 Santa Fe Springs CA 90670 Tel: (949) 954-6571 Fax: (949) 654-6575 Printed Date/Time: Closing Date: Disbursement Date Loan Number: 11/14/2017-10:26:59AM Page 1 of 1 11/13/2017 11/13/2017 138517151311 DESCRTI'TI0 ''-� � ' DEBITS CREDITS 111 TOTAL CONSIDERATION 325,000.00 Upfront HOA Fee- Earnest Deposit 204.00 PRORATIONS/ADJUSTMENTS: Property Tax @ 4,773.39 per 12 month(s) 11/13/2017 to 1/01/2018 636.45 Homeowner's Association Dues P, 270.00 per 1 months 11/13/2017 to 11/30/2017 144.00 COMMISSIONS : Listing Broker: Century 21 Allstars 8,125.00 Selling Broker: CHLV Group 8,125.00 TITLE CHARGES Owner's Premium for 325,000.00: Old Republic Title 1,252.00 Deed Recording Fee: Old Republic Title 18.00 County Transfer Tax: Old Republic Title 357.50 Subescrow Fee: Old Republic Title 50.00 ESCROW CHARGES TO: Concierge Escrow Service Inc. Settlement Agent Fee 1,062.50 Document Preparation Fee 125.00 Archive Fee 50.00 Messenger Fee 75.00 Wire Fee 25.00 TAXES: Property Tax 2017-2018 1 st Half to: Los Angeles County Tax Collector #6310.023.270 2,386.70 ADDITIONAL DISBURSEMENTS: Pest Inspection: Warrior Termite 595.00 Natural Hazard Report Fee: M NHD.Com 74.95 Transaction Coordinator Fee: Century 21 Allstars 275.00 Home Owner's Warranty: Old Republic Home Protection 480.00 Statement Fee: HOAG Property Management Inc POC $105.00 105.00 Document Fee: HOAG Property Management Inc POC $99.00 Late Fee: North Park HOA 10.00 Association Dues -November 2017: North Park HOA 270.00 SUBTOTALS 23,665.651 325 780.45 DUE TO SELLER I 302 114.80I TOTALS 1 325,780.451 325,780.45 Letty Ascencio, Escrow Officer Certified to be a True and Exact Copy of the Original Hereof. THIS IS HE FINAL CLOSING TRANSACTION PREPARED BY CONCIERGE ESCROW SERVICE, INC.. THIS IS I�YI SCLOSURE. 6310-023-270 DOC# 17-1297476-02-3 1111111111111111111 oil P 11111111111111111111111111111111111111111111111111111111 It 11111111111 I 19 IL z he OG W V -•� i M s a o Z \� C N C om V 01 E O0 a W Q 1 O o Q V\•ice UA O O `LI r � V •> v 0_ O N3a W PLEASE READ YELLOW SHEET FIRST PEREZ EULISES A 4305 S SANTA FE AVE VERNON, CA 90058-1714 -+ - W821 • 00000549 • Page 1 of 13 • LA6X9 ------------------ (fold line) 0 pr o 0 N> n C --•pp Q E i K O 0 0 O J N LU }U N p -j p u u e O rn$ O a J aver` v '0s 0 o O 0 cG > S W p D ~ ._ Z yE O 0 Z O 0 10x u�O po a s al t3 s V a O w\ .a O Li Z N s O d O W0- 0 L fl .gip 0 m = s '� p H y a CL F H 2 Q O 'D 3 _ >_ N p W O D Q .v C D+..O REPUBLIC TITLE COMPANY When recorded, mail to: Broker Solutions, Inc.dba New American Funding ATTN: Final Document Department 14511 Myford Road, Suite 100 Tustin, CA 92780 Title Order No.: 2614022861-70 Escrow No.: 14891-LA LOAN #:138517151311 [Space Above This Line For Recording Dawl DEED OF TRUST 111131207 II II II III II MI` I I I *20171297476' CASE #: 44-44-6-3707594 MIN 1003763-0002884153-2 MERS PHONE #: 1-888-679-6377 DEFINITIONS Words used in multiple sections of this document are defined below and other words are defined in Sections 3, 11, 13, 181 2.0 and 21, Certain rules regarding the usage of words used in this document are also provided in Section 16. (A) "Security Instrument" means this document, which is dated November 3, 2017, together with all all Hiders to this document. (B) "Borrower" is ELILISES A. PEREZ, A SINGLE MAN. Borrower's address is 2412 W Alondra Blvd, Compton, CA 90220. Borrower is the trustor under this Security Instrument. (C) "Lender" is Broker Solutions, Inc.dba New American Funding. Lender is a Corporation, organized and existing under the laws of California. Lender's address is 14511 Myford Road, Suite 100, Tustin, CA 92780. CALIFORNIA—Single Farnily—Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: ` E c Mae, Inc. Page 1 of 13 CAEDEDL 0315 CAEDEDL (CLS) rl (p 1v O LOAN #: 138517151311 (D) "Trustee" is Old Republic Title Company. (E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary under this Security Instrument. MERS is organized and existing underthe laws of Delaware, and has an address and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS. (F) "Note" means the promissory note signed by Borrower and dated November 3, 2017. The Note states that Borrower owes Lender THREE HUNDRED THIRTY ONE THOUSAND NINE HUNDRED EIGHTY SEVEN ANDNO/100***"*******A►******AA•RR4Aftftfftt►ttifttf*=Dollars(U.S. $331,987.00 ) plus interest. Borrower has promised to pay this debt in regular Periodic Payments and to pay the debt in full not later than December 1, 2047. (G) "Property" means the property that is described below under the heading "Transfer of Rights in the Property." (H) "Loan" means the debt evidenced by the Note, plus Interest, any prepayment charges and late charges due under the Note, and all sums due under this Security Instrument, plus interest. (1) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following Riders are to be executed by Borrower [check box as applicable]: ❑ Adjustable Rate Rider ❑ Condominium Rider ❑ Second Home Rider ❑ Balloon Rider C Planned Unit Development Rider ❑ Other(s) [specify] El 14 Family Rider ❑ Biweekly Payment Rider Ci V.A. Rider (J) "Applicable Law" means all controlling applicable federal: state and local statutes, regulations, ordinances and admin- istrative rules and orders (that have the effect of law) as well as all applicable final, non -appealable judicial opinions. (K) "Community Association Dues,Fees, and Assessments" means all dues, fees, assessments and other charges that are imposed on Borrower or the Property by a condominium association, homeowners association or similar organization. (L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is Initiated through an electronic terminal, telephonic instrument, computer, or magnetic tape so as to order; instruct, or authorize a financial institution to debit or credit an account. Such term includes, but is not limited to, point -of -sale transfers.. automated teller machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse transfers. (M) "Escrow Items" means those items that are described in Section 3. (N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid by any third party (other than insurance proceeds paid under the coverages described in Section 5) for; (i) damage to, or destruction of, the Property; (ii) condemnation or other taking of all or any part of the Property; (iii) conveyance In lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the value and/or condition of the Property. (0) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on, the Loan. (P) "Periodic Payment" means the regularly scheduled amount due for (I) principal and interest under the Note, plus (ii) any amounts under Section 3 of this Security Instrument. (Q) "RESPA" means the Real Estate Settlement Procedures Act (12 U.S.C. §2601 et seq,) and its implementing regulation, Regulation X (12 C.F.R. Part 1024), as they might be amended from time to time, or any additional or successor legislation or regulation that governs the same subject matter. As used in this Security Instrument, "RESPA" refers to all requirements and restrictions that are imposed in regard to a "federally related mortgage loan" even if the Loan does not qualify as a "federally related mortgage loan" under RESPA. (R) "Successor in Interest of Borrower" means any party that has taken title to the Property, whether or not that party has assumed Borrower's obligations under the Note and/or this Security Instrument. TRANSFER OF RIGHTS IN THE PROPERTY The beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender's successors and assigns) and the successors and assigns of MERS. This Security Instrument secures to Lender: (i) the repayment of the Loan, and CALIFORNIA--Single Fatuity --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: ._ Ellie Mae, Inc. Page 2 of 13 CAEDEDL 0315 r M CAEDEDL (CLS) LOAN #: 138517151311 t all renewals, extensions and modifications of the Note, and (ii) the performance of Borrower's covenants and agreements under this Security Instrument and the Note. For this purpose, Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale, the following described property located in the County [Type of Recording Junsdimon] of Los Angeles [Name of Recording Jurisdiction]: SEE LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS "EXHIBIT A". APN #: 6310-023-270 which currently has the address of 2915 East 60th Place #S, Huntington Park, [Street] [Caryl Caldomia 90255 ('Property Address') [Zip Code] TOGS I HER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument All of the foregoing Is referred to in this Security Instrument as the "Property.' Borrower understands and agrees that MERS holds only legal title to the interests granted by Borrower in this Securty Instrument. but, if necessary to comply with law or custom, MERS (as nominee for Lender and Lender's successors and assigns) has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender including, but not limited to, releasing and canceling this Security Instrument. BORROWER COVENANTS that Borrower is lawfully seised of the estate hereby conveyed and has the right to grant and convey the Property and that the Property is unencumbered, except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to any encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for national use and non -uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 1. Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges. Borrower shall pay when due the principal of, and interest on, the debt evidenced by the Note and any prepayment charges and late charges due under the Note. Borrower shall also pay funds for Fscrow Items pursuant to Section 3. Payments due under the Note and this Security Instrument shall be made in U.S. currency, However, if any check or other instrument received by Lender as payment under the Note or this Security Instrument is retumed to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash, (b) money order, (c) certified check, bank check, treasurer's check or cashier's check. provided any such check is drawn upon an institution whose deposits are insured by a federal agency; instrumentality; or entity; or (d) Electronic Funds 1'ransfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 15. 1 ender may return any payment or partial payment if the payment or partial payments are insufficient to bring the Loan current. Lender may accept any payment or partial payment insufficient to bring the Loan current. without waiver of any rights hereunder or prejudice CALIFORNIA--Single Family --Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3005 1101 Initials: —S ? ____ Flbe Mae. Inc. Page 3 of 13 CAt DFDI. 0315 11 ""Y CAEDEDL (CLS) 4 LOAN #: 138517151311 to its rights to refuse such payment or partial payments in the future, but Lender is not obligated to apply such payments at the time such payments are accepted. If each Periodic Payment is applied as of its scheduled due date, then Lender need not pay interest on unapplied funds. Lender may hold such unapplied funds until Borrower makes payment to bring the Loan current. If Borrower does not do so within a reasonable period of time, Lender shall either apply such funds or return them to Borrower. If not applied earlier, such funds will be applied to the outstanding principal balance under the Note immediately prior to foreclosure. No offset or claim which Borrower might have now or in the future against Lender shall relieve Borrower from making payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument. 2. Application of Payments or Proceeds. Except as otherwise described in this Section 2, all payments accepted and applied by Lender shall be applied in the following order of priority, (a) interest due under the Note; (b) principal due under the Note; (c) amounts due under Section 3. Such payments shall be applied to each Periodic Payment in the order in which it became due. Any remaining amounts shall be applied first to late charges second to any other amounts due under this Security Instrument, and then to reduce the principal balance of the Note. If Lender receives a payment from Borrower for a delinquent Periodic Payment which includes a sufficient amount to pay any late charge due, the payment may be applied to the delinquent payment and the late charge. If more than one Periodic Payment is outstanding, Lender may apply any payment received from Borrower to the repayment of the Periodic Payments if., and to the extent that; each payment can be paid in full. To the extent that any excess exists after the payment is applied to the full payment of one or more Periodic Payments, such excess may be applied to any late charges due. Voluntary prepayments shall be applied first to any prepayment charges and then as described in the Note. Any application of payments, insurance proceeds, or Miscellaneous Proceeds to principal due under the Note shall not extend or postpone the due date. or change the amount, of the Periodic Payments. 3. Funds for Escrow Items. Borrower shall pay to Lender on the day Periodic Payments are due under the Note, until the Note is paid in full, a sum (the"Funds') to provide for payment of amounts due for: (a) taxes and assessments and other items which can attain priority over this Security Instrument as a lien or encumbrance on the Property; (b) leasehold payments or ground rents on the Property, if any; (c) premiums for any and all insurance required by Lender under Sec- tion 5, and (d) Mortgage Insurance premiums, if any, or any sums payable by Borrower to Lender in lieu of the payment of Mortgage Insurance premiums in accordance with the provisions of Section 10. These items are called "Escrow Items." At origination or at any time during the term of the Loan, I ender may require that Community Association Dues; Fees, and Assessments, if any, be escrowed by Borrower, and such dues, fees and assessments shall be an Escrow item. Borrower shall promptly furnish to Lender all notices of amounts to be paid under this Section. Borrower shall pay Lender the Funds for Escrow Items unless Lender waives Borrower's obligation to pay the Funds for any or all Escrow items. Lender may waive Borrower's obligation to pay to Lender Funds for any or all Escrow Items at any time, Any such waiver may only be in writing. In the event of such waiver. Borrower shall pay directly, when and where payable, the amounts due for any Escrow Items forwhich payment of Funds has been waived by Lender and; if Lender requires, shall furnish to Lender receipts evi- dencing such payment within such time period as Lender may require. Borrower's obligation to make such payments and to provide receipts shall for all purposes be deemed to be a covenant and agreement contained in this Security Instrument, as the phrase "covenant and agreement" is used in Section 9. If Borrower is obligated to pay Escrow items directly, pursuant to a waiver, and Borrower fails to pay the amount due for an Escrow Item, Lender may exercise Its rights under Section 9 and pay such amount and Borrower shall then be obligated under Section 9 to repay to Lender any such amount, Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in accordance with Section 15 and. upon such revocation, Borrower shall pay to Lender all Funds, and in such amounts, that are then required under this Section 3. Lender may, at any time, collect and hold Funds in an amount (a) sufficient to permit Lender to apply the Funds at the time specified under RESPA, and (b) not to exceed the maximum amount a lender can require under RESPA. Lender shall estimate the amount of Funds due on the basis of current data and reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with Applicable Law, The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality, or entity (including Lender, if Lender is an institution whose deposits are so insured) or In any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items no later than the time specified under RESPA. Lender shall not charge Borrower for holding and applying the Funds. annually analyzing the escrow account, or verifying the Escrow Items, unless Lender pays Borrower interest on the Funds and Applicable Law permits Lender to make such a charge. Unless an agreement is made in writing or Applicable Law requires Interest to be paid on the Funds, Lender shall not be required to pay Borrower any interest or earnings on the Funds. Borrower and Lender can agree in writing, however; that interest shall be paid on the Funds, Lender shall give to Borrower, without charge, an annual accounting of the Funds as required by RESPA. CALIFORNIA--Single FamilyFannie MaelFreddle Mac UNIFORM INSTRUMENT Form 30051101 Initials: F"IP� Ellie Mae; Inc, Page 4 Of 13 CAEDEDL 0315 1� CAEDEDL (CLS) 411 LOAN #: 138517151311 If there is a surplus of Funds held in escrow, as defined under RESPA, Lender shall account to Borrower for the excess funds in accordance with RESPA. If there is a shortage of Funds held in escrow, as defined under RESPA. Lender shall notify Borrower as required by RESPA, and Borrower shall pay to Lender the amount necessary to make up the shortage in accordance with RESPA, but in no more than 12 monthly payments. If there is a deficiency of Funds held in escrow, as defined under RESPA, Lender shall notify Borrower as required by RESPA; and Borrower shall pay to Lender the amount necessary to make up the deficiency in accordance with RESPA but in no more than 12 monthly payments. Upon payment in full of all sums secured by this Security Instrument, Lender shall promptly refund to Borrower any Funds held by Lender. 4. Charges; Liens. Borrower shall pay all taxes, assessments, charges, fines, and impositions attributable to the Property which can attain priority over this Security Instrument; leasehold payments or ground rents on the Property, if any, and Community Association Dues. Fees, and Assessments, if any. To the extent that these items are Escrow Items, Borrower shall pay them in the manner provided in Section 3. Borrower shall promptly discharge any lien which has priority over this Security Instrument unless Borrower (a) agrees in writing to the payment of the obligation secured by the lien in a manner acceptable to Lender, but only so long as Bor- rower is performing such agreement; (b) contests the lien in good faith by, or defends against enforcement of the lien in, legal proceedings which in Lender's opinion operate to prevent the enforcement of the lien while those proceedings are pending, but only until such proceedings are concluded: or (c) secures from the holder of the lien an agreement satisfactory to Lender subordinating the lien to this Security Instrument, If Lender determines that any part of the Property is subject to a lien which can attain priority over this Security Instrument; Lender may give Borrower a notice identifying the lien Within 10 days of the date on which that notice is given, Borrower shall satisfy the lien or take one or more of the actions set forth above in this Section 4. Lender may require Borrower to pay a one-time charge for a real estate tax verification and/or reporting service used by Lender in connection with this Loan. 5. Property Insurance, Borrower shall keep the improvements now existing or hereafter erected on the Property insured against loss by fire, hazards included within the term "extended coverage,' and any other hazards including. but not limited to, earthquakes and floods, for which Lender requires insurance. This insurance shall be maintained in the amounts (including deductible levels) and for the periods that Lender requires. What Lender requires pursuant to the preceding sen- tences car change during the term of the Loan. The insurance carrier providing the insurance shall be chosen by Borrower subject to Lender's right to disapprove Borrower's choice, which right shall not be exercised unreasonably. Lender may require Borrower to pay, in connection with this Loan, either: (a) a one-time charge for flood zone determination; certifica- tion and tracking services; or (b) a one-time charge for flood zone determination and certification services and subsequent charges each time remappings or similar changes occur which reasonably might affect such determination or certification, Borrower shall also be responsible for the payment of any fees imposed by the Federal Emergency Management Agency in connection with the review of any flood zone determination resulting from an objection by Borrower. If Borrower fails to maintain any of the coverages described above; Lender may obtain insurance coverage at tender's option and Borrower's expense. Lender is under no obligation to purchase any particular type or amount of coverage. Therefore; such coverage shall cover Lender, but might or might not protect Borrower, Borrowers equity in the Property, or the contents of the Property, against any risk, hazard or liability and might provide greater or lesser coverage than was previ- ously in effect. Borrower acknowledges that the cost of the insurance coverage so obtained might significantly exceed the cost of insurance that Borrower could have obtained, Any amounts disbursed by Lender under this Section 5 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable with such interest, upon notice from Lender to Borrower requesting payment. All insurance policies required by Lender and renewals of such policies shall be subject to Lender's right to disapprove such policies, shall include a standard mortgage clause, and shall name Lender as mortgagee and/or as an additional loss payee and Borrower further agrees to generally assign rights to insurance proceeds to the holder of the Note up to the amount of the outstanding loan balance. Lender shall have the right to hold the policies and renewal certificates. if Lender requires, Borrower shall promptly give to Lender all receipts of paid premiums and renewal notices. If Borrower obtains any form of insurance coverage, not otherwise required by Lender, for damage to, or destruction of, the Property, such policy shall include a standard mortgage clause and shall name Lender as mortgagee and/or as an additional loss payee and Borrower further agrees to generally assign rights to insurance proceeds to the holder of the Note up to the amount of the outstanding loan balance. In the event of loss, Borrower shall give prompt notice to the insurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrower. Unless Lender and Borrower otherwise agree in writing, any insurance proceeds, CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 30051101 lnftials: P Elk, Mac, Inc. Page 5 of 13 CAEDEDL 0315 CAEDEDL (CLS) 1 LOAN #:138517151311 whether or not the underlying insurance was required by Lender, shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration period, Lender shall have the right to hold such insurance proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lender may disburse proceeds for the repairs and restoration In a single payment or in a series of progress pay- ments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such insurance proceeds, Lender shall not be required to pay Borrower any interest or earnings on such proceeds. Fees for public adjusters, or other third parties, retained by Borrower shall not be paid out of the insurance proceeds and shall be the sole obligation of Borrower. If the restoration or repair is not economically feasible or Lender's security would be lessened, the insurance proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess. if any, paid to Borrower. Such insurance proceeds shall be applied in the order provided for in Section 2. If Borrower abandons the Property, Lender may file; negotiate and settle any available insurance claim and related matters. If Borrower does not respond within 30 days to a notice from Lender that the insurance carrier has offered to settle a claim, then Lender may negotiate and settle the claim. The 30-day period will begin when the notice is given. in either event, or if Lender acquires the Property under Section 22 or otherwise, Borrower hereby assigns to Lender (a) Borrower's rights to any insurance proceeds in an amount not to exceed the amounts unpaid under the Note or this Security Instru- ment, and (b) any other of Borrower's rights (other than the right to any refund of unearned premiums paid by Borrower) under all insurance policies covering the Property, insofar as such rights are applicable to the coverage of the Property. Lender may use the insurance proceeds either to repair or restore the Property or to pay amounts unpaid under the Note or this Security Instrument, whether or not then due. 6. Occupancy. Borrower shall occupy, establish, and use the Property as Borrower's principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrowers principal resi- dence for at least one year after the date of occupancy, unless Lender otherwise agrees in writing, which consent shall not be unreasonably withheld, or unless extenuating circumstances exist which are beyond Borrower's control. 7. Preservation, Maintenance and Protection of the Property; Inspections. Borrower shall not destroy, damage or impair the Property, allow the Property to deteriorate or commit waste on the Property. \AMether or not Borrower is resid- ing in the Property, Borrower shall maintain the Property in order to prevent the Property from deteriorating or decreasing in value due to its condition. Unless it is determined pursuant to Section 5 that repair or restoration is not economically feasible, Borrower shall promptly repair the Property if damaged to avoid further deterioration or damage. If insurance or condemnation proceeds are paid in connection with damage to, or the taking of, the Property, Borrower shall be respon- sible for repairing or restoring the Property only if Lender has released proceeds for such purposes. Lender may disburse proceeds for the repairs and restoration in a single payment or in a series of progress payments as the work is completed. If the insurance or condemnation proceeds are not sufficient to repair or restore the Property. Borrower is not relieved of Borrower's obligation for the completion of such repair or restoration. Lender or its agent may make reasonable entries upon and inspections of the Property. If it has reasonable cause, Lender may inspect the interior of the improvements on the Property. Lender shall give Borrower notice at the time of or prior to such an interior inspection specifying such reasonable cause. S, Borrower's Loan Application. Borrower shall be in default if, during the Loan application process, Borrower or any persons or entities acting at the direction of Borrower or with Borrower's knowledge or consent gave materially false, misleading, or inaccurate information or statements to Lender (or failed to provide Lender with material information) in connection with the Loan. Material representations include, but are not limited to, representations concerning Borrower's occupancy of the Property as Borrower's principal residence. 9. Protection of Lender's Interest in the Property and Rights Under this Security Instrument. If (a) Borrower fails to perform the covenants and agreements contained in this Security Instrument, (b) there is a legal proceeding that might significantly affect Lender's interest in the Property and/or rights under this Security Instrument (such as a proceeding in bankruptcy, probate, for condemnation or forfeiture, for enforcement of a lien which may attain priority over this Security Instrument or to enforce laws or regulations), or (c) Borrower has abandoned the Property, then Lender may do and pay for whatever is reasonable or appropriate to protect Lender's interest in the Property and rights under this Security Instrument, including protecting and/or assessing the value of the Property, and securing and/or repairing the Property. Lender's actions can include, but are not limited to: (a) paying any sums secured by a lien which has priority over this Security Instrument; (b) appearing in court; and (c) paying reasonable attorneys' fees to protect its interest in the Property and/or rights under this Security Instrument, including its secured position in a bankruptcy proceeding. Securing the Property includes, but is not limited to, entering the Property to make repairs, change locks, replace or board up doors and windows, drain water CALIFORNIA—Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1I01 Initials: CQ Ellie Mae, Inc:. Page 6 of 13 CAEDEDL 0315 r� CAEDEDL (CLS) no LOAN #: 138517151311f from pipes, eliminate building or other code violations or dangerous conditions, and have utilities turned on or off. Although Lender may take action under this Section 9, Lender does not have to do so and is not under any duty or obligation to do so. It is agreed that Lender incurs no liability for not taking any or all actions authorized under this Section 9. Any amounts disbursed by Lender underth is Section 9 shall become additional debt of Borrower secured by this Security Instrument. These amounts shall bear interest at the Note rate from the date of disbursement and shall be payable, with such interest. upon notice from Lender to Borrower requesting payment. If this Security Instrument is on a leasehold. Borrower shall comply with all the provisions of the lease. Borrower shall not surrender the leasehold estate and interests herein conveyed or terminate or cancel the ground lease. Borrower shall not, without the express written consent of Lender, alter or amend the ground lease. If Borrower acquires fee title to the Property, the leasehold and the fee title shall not merge unless Lender agrees to the merger in writing. 10. Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan, Borrower shall pay the premiums required to maintain the Mortgage Insurance in effect. If.. for any reason, the Mortgage Insurance coverage required by Lender ceases to be available from the mortgage insurer that previously provided such insurance and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to obtain coverage substantially equivalent to the Mortgage Insurance previously in effect, at a cost substantially equivalent to the cast to Borrower of the Mortgage Insurance previously in effect; from an alternate mortgage insurer selected by Lender. If substantially equivalent Mortgage Insurance coverage is not available, Borrower shall continue to pay to Lender the amount of the separately designated payments that were due when the insurance coverage ceased to be in effect. Lender will accept, use and retain these payments as a non-refundable loss reserve in lieu of Mortgage Insurance. Such loss reserve shall be non-refundable, notwithstanding the fact that the Loan is ultimately paid In full, and Lender shall not be required to pay Borrower any interest or earnings on such loss reserve. Lender can no longer require loss reserve payments if Mortgage Insurance coverage (in the amount and for the period that Lender requires) provided by an insurer selected by Lender again becomes available, is obtained, and Lender requires separately designated pay- ments toward the premiums for Mortgage Insurance. If Lender required Mortgage Insurance as a condition of making the Loan and Borrower was required to make separately designated payments toward the premiums for Mortgage Insurance, Borrower shall pay the premiums required to maintain Mortgage Insurance in effect. or to provide a non-refundable, loss reserve, until Lender's requirement for Mortgage Insurance ends in accordanre with any written agreement hetween Bor- rower and Lender providing for such termination or until termination is required by Applicable I. aw. Nothing in this Section 10 affects Borrowers obligation to pay interest at the rate provided in the Note. Mortgage Insurance reimburses Lender (or any entity that purchases the Note) for certain losses it may incur if Bor- rower does not repay the Loan as agreed. Borrower is not a party to the Mortgage Insurance. Mortgage insurers evaluate their total risk on all such insurance in force from time to time, and may enter into agree- ments with other parties that share or modify their risk, or reduce losses. These agreements are on terms and conditions that are satisfactory to the mortgage insurer and the other party (or parties) to these agreements. These agreements may require the mortgage insurer to make payments using any source of fiords that the mortgage insurer may have available (which may include funds obtained from Mortgage Insurance premiums). As a result of these agreements, Lender, any purchaser of the Note, another insurer, any reinsurer, any other entity, or any affiliate of any of the foregoing, may receive (directly or indirectly) amounts that derive from (or might be characterized as) a portion of Borrower's payments for Mortgage Insurance, in exchange for sharing or modifying the mortgage insurer's risk, or reducing losses. If such agreement provides that an affiliate of Lender takes a share of the insurer's risk in exchange for a share of the premiums paid to the insurer. the arrangement is often termed "captive reinsurance ' Further: (a) Any such agreements will not affect the amounts that Borrower has agreed to pay for Mortgage Insurance, or any other terms of the Loan. Such agreements will not increase the amount Borrower will owe for Mortgage Insurance, and they will not entitle Borrower to any refund, (b) Any such agreements will not affect the rights Borrower has - if any - with respect to the Mortgage Insur- ance tinder the Homeowners Protection Act of 1998 or any other law. These rights may include the right to receive certain disclosures, to request and obtain cancellation of the Mortgage Insurance, to have the Mortgage Insurance terminated automatically, andfor to receive a refund of any Mortgage Insurance premiums that were unearned at the time of such cancellation or termination. 11. Assignment of Miscellaneous Proceeds; Forfeiture. All Miscellaneous Proceeds are hereby assigned to and shall be paid to Lender. If the Property is damaged, such Miscellaneous Proceeds shall be applied to restoration or repair of the Property, if the restoration or repair is economically feasible and Lender's security is not lessened. During such repair and restoration CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1l01 Initials: (`y Ellie Mae, Inc. Page 7 of 13 CALDEDL 0315 ri CALDEDL (CLS) LOAN #: 138517151311 period, Lender shall have the right to hold such Miscellaneous Proceeds until Lender has had an opportunity to inspect such Property to ensure the work has been completed to Lender's satisfaction, provided that such inspection shall be undertaken promptly. Lander may pay for the repairs and restoration in a single disbursement or in a series of progress payments as the work is completed. Unless an agreement is made in writing or Applicable Law requires interest to be paid on such Miscel- laneous Proceeds, Lendershall not be required to pay Borrower any interest or earnings on such Miscellaneous Proceeds. lithe restoration or repair is not economically feasible or Lender's security would be lessened, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. Such Miscellaneous Proceeds shall be applied in the order provided for in Section 2. In the event of a total taking, destruction, or loss in value of the Property, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument,. whether or not then due, with the excess, if any, paid to Borrower. In the event of a partial taking, destruction, or loss in value of the Property in which the fair market value of the Prop- eny Immediately before the partial taking, destruction, or loss In value is equal to or greater than the amount of the sums secured by this Security Instrument immediately before the partial taking, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the sums secured by this Security Instrument shall be reduced by the amount of the Miscellaneous Proceeds multiplied by the following fraction: (a) the total amount of the sums secured immediately before the partial taking, destruction, or loss in value divided by (b) the fair market value of the Property immediately before the partial taking, destruction, or loss in value. Any balance shall be paid to Borrower. In the event of a partial taking, destruction, or loss in value of the Property in which the fair market value ofthe Property immediately before the partial taking, destruction, or loss in value is less than the amount of the sums secured immedi- ately before the partial taking, destruction, or loss in value, unless Borrower and Lender otherwise agree in writing, the Miscellaneous Proceeds shall be applied to the sums secured by this Security Instrument whether or not the sums are then due. If the Property is abandoned by Borrower, or f.. after notice by Lender to Borrower that the Opposing Party (as defined in the next sentence) offers to make an award to settle a claim for damages. Borrower fails to respond to Lender within 30 days after the date the notice is given, Lender is authorized to collect and apply the Miscellaneous Proceeds either to restoration or repair of the Property of to the sums secured by this Security Instrument, whether or not then due. "Opposing Party" means the third party that owes Borrower Miscellaneous Proceeds or the party against whom Borrower has a right of action in regard to Miscellaneous Proceeds. Borrower shall be in default If any action or proceeding, whether civil or criminal, is begun that, in Lender's judgment, could result in forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, If acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Lender's judgment, precludes forfeiture of the Property or other material impairment of Lender's interest in the Property or rights under this Security Instrument. The proceeds of any award or claim for damages that are attributable to the impairment of Lender's interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2. 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modifica- tion of amortization of the sums secured by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any Successors in Interest of Borrower. Lender shall not be required to commence proceedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums secured by this Security Instrument by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remedy including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Borrower covenants and agrees that Borrower's obligations and liability shall be joint and several. However. any Borrower who cosigns this Security Instrument but does not execute the Note (a "co-signer"): (a) Is co-signing this Security Instrument only to mortgage, grant and convey the co-signer's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by this Security Instrument; and (c) agrees that Lender and any other Borrower can agree to extend, modify, forbear or make any accommodations with regard to the terms of this Security Instrument or the Note without the co-signer's consent. CALIFORNIA--Single Family —Fannie MealFreddle Mac UNIFORM INSTRUMENT Fann 3005 1/a1 Initials: Eiha Mae, Inc. Page 8 of 13 CAEDEDL 0315 rr r, CAEDEDL(CLS) t� LOAN #: 138517151311 Subject to the provisions of Section 18. any Successor in Interest of Borrower who assumes Borrower's obligations under this Security Instrument in writing. and is approved by Lender, shall obtain all of Borrower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this Security Instru- ment unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Section 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Borrowerfees for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regard to any other fees; the absence of express authority in this Security Instrument to charge a specific fee to Borrower shall not be construed as a prohibition on the charging of such fee. Lender may not charge fees that are expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subject to a law which sets maximum loan charges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permitted limits, then: (a) any such loan charge shall be reduced by the amount necessary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower. Lender may choose to make this refund by reducing the pnncipal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the reduction will be treated as a partial prepayment without any prepayment charge (whether or not a prepayment Charge is provided for under the Note). Borrower's acceptance of any such refund made by direct payment to Borrower will constitute a waiver of any right of action Borrower might have arising out of such overcharge. 15. Notices. All notices given by Borrower or Lender In connection with this Security Instrument must be in writing. Any notice to Borrower in connection with this Security Instrument shall be deemed to have been given to Borrower when mailed by first class mail or when actually delivered to Borrower's notice address if sent by other means. Notice to any one Borrower shall constitute notice to all Borrowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unless Borrower has designated a substitute notice address by notice to Lender. Borrower shall promptly notify Lender of Borrower's change of address. If Lender specifies a procedure for reporting Borrowers change of address. then Borrower shall only report a change of address through that specified procedure. There may be only one designated notice address under this Security Instrument at any one time, Any notice to Lender shall be given by delivering it or by mailing it by first class mail to Lender's address stated herein unless Lender has designated another address by notice to Borrower. Any notice in connection with this Security Instrument shall not be deemed to have been given to Lender until actually received by Lender. If any notice required by this Security Instrument is also required under Applicable Law, the Applicable Law requirement will satisfy the corresponding requirement under this Security Instrument. 16. Goveming Law; Severability; Rules of Construction. This Security Instrument shall be governed by federal law and the law of the jurisdiction in which the Property is located. All rights and obligations contained in this Security Instrument are subject to any requirements and limitations of Applicable Law. Applicable Law might explicitly or implicitly allow the parties to agree by contract or it might be silent, but such silence shall not be construed as a prohibition against agreement by contract. In the event that any provision or clause of this Security Instrument or the Note conflicts with Applicable Law, such conflict shall not affect other provisions of this Security Instrument or the Note which can be given effect without the conflicting provision. As used in this Security Instrument: (a) words of the masculine gender shall mean and include corresponding neuter words or words of the feminine gender; (b) words in the singular shall mean and include the plural and vice versa: and (c) the word 'may' gives sole discretion without any obligation to take any action. 17, Borrower's Copy. Borrower shall be given one copy of the Note and of this Security Instrument. 18, Transfer of the Property or Beneficial Interest in Borrower. As used in this Section 18, `Interest in the Property" means any legal or beneficial interest in the Property, including, but not limited to, those beneficial interests transferred in a bond for deed, contract for deed, installment sales contract or escrow agreement, the intent of which is the transfer of title by Borrower at a future date to a purchaser. If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural per- son and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require Immediate payment in full of all sums secured by this Security Instrument. However, this option shall not be exercised by Lender if such exercise is prohibited by Applicable Law. If Lender exercises this option. Lender shall give Borrower notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is given in accordance with Section 15 within which Borrower must pay all CALIFORNIA—Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 30051101 Page 9 of 13 f-r�iTL :��ir Initials: CAEDEDL 0315 CAEDEDL (CLS) k° LOAN #:138517151311 sums secured by this Security Instrument. If Borrower fails to pay these sums prior to the expiration of this period, Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on Borrower. 19. Borrower's Right to Reinstate After Acceleration. If Borrower meets certain conditions, Borrower shall have the right to have enforcement of this Security Instrument discontinued at any time prior to the earliest of: (a) five days before sale of the Property pursuant to any power of sale contained in this Security instrument; (b ) such other period as Applicable Law might specify for the termination of Borrower's right to reinstate, or (c) entry of a judgment enforcing this Security Instrument. Those conditions are that Borrower: (a) pays Lender all sums which then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrument, including, but not limited to, reasonable attomeys' fees, property inspection and valuation fees, and other fees incurred for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument; and (d) takes such action as Lender may reasonably require to assure that Lender's interest in the Property and rights underthis Security Instrument, and Borrower's obligation to pay the sums secured by this Security Instrument, shall continue unchanged. Lender may require that Borrower pay such reinstatement sums and expenses in one or more of the following forms, as selected by Lender: (a) cash, (b) money order, (c) certified check, bank check, treasurer's check or cashier's check, provided any such check is drawn upon an Institution whose deposits are insured by a federal agency,. Instrumentality or entity; or (d) Electronic Funds Transfer, Upon reinstatement by Borrower, this Security Instrument and obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall not apply in the case of acceleration under Section IS. 20. Sale of Note; Change of Loan Servicer; Notice of Grievance. The Note or a partial interest in the Note (together with this Security Instrument) can be sold one or more times without prior notice to Borrower. A sale might result in a change in the entity (known as the "Loan Servicer") that collects Periodic Payments due under the Note and this Security Instru- ment and performs other mortgage loan servicing obligations under the Note, this Security Instrument, and Applicable Law. There also might be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Servicer, Borrower will be given written notice of the change which will state the name and address of the new Loan Servicer, the address to which payments should be made and any other information RESPA requires in connection with a notice of transfer of servicing. If the Note is sold and thereafter the Loan is serviced by a Loan Servicer other than the purchaser of the Note, the mortgage loan servicing obligations to Borrower will remain with the Loan Servicer or be transferred to a successor Loan Servicer and are not assumed by the Note purchaser unless otherwise provided by the Note purchaser. Neither Borrower nor Lender may commence, join, or be joined to any judicial action (as either an individual litigant or the member of a class) that arises from the other party's actions pursuant to this Security Instrument or that alleges that the other party has breached any provision of. or any duty owed by reason of, this Security Instrument, until such Borrower or Lender has notified the other party (with such notice given in compliance with the requirements of Section 15) of such alleged breach and afforded the other party hereto a reasonable period after the giving of such notice to take corrective action. If Applicable Law provides a time period which must elapse before certain action can be taken, that time period will be deemed to be reasonable for purposes of this paragraph. The notice of acceleration and opportunity to cure given to Borrower pursuant to Section 22 and the notice of acceleration given to Borrower pursuant to Section 18 shall be deemed to satisfy the notice and opportunity to take corrective action provisions of this Section 20. 21. Hazardous Substances. As used in this Section 21: (a) "Hazardous Substances" are those substances defined as toxic or hazardous substances, pollutants, or wastes by Environmental Law and the following substances: gasoline, kerosene, other flammable or toxic petroleum products, toxic pesticides and herbicides, volatile solvents, materials con- taining asbestos or formaldehyde, and radioactive materials; (b) "Environmental Law" means federal laws and laws of the jurisdiction where the Property is located that relate to health, safety or environmental protection; (c) "Environmental Cleanup" includes any response action, remedial action, or removal action, as defined in Environmental Law; and (d) an "Environmental Condition" means a condition that can cause, contribute to, or otherwise trigger an Environmental Cleanup. Borrower shall not cause or permit the presence, use, disposal, storage, or release of any Hazardous Substances, or threaten to release any Hazardous Substances, on or in the Property. Borrower shall not do, nor allow anyone else to do, anything affecting the Property (a) that is in violation of any Environmental Law, (b) which creates an Environmental Condi- tion, or (c) which, due to the presence, use, or release of a Hazardous Substance, creates a condition that adversely affects the value of the Property. The preceding two sentences shall not apply to the presence, use; or storage on the Property of small quantities of Hazardous Substances that are generally recognized to be appropriate to normal residential uses and to maintenance of the Property (including, but not limited to, hazardous substances in consumer products). CALIFORNU1--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 30051/01 Initials: Elbe Mae, Inc. Page 10 of 13 CAEDEDL 0315 u , ' CAEDEDL (CLS) LOAN #: 138517151311 Borrower shall promptly give Lender written notice of (a) any investigation, claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Envi- ronmental Law of which Borrower has actual knowledge, (b) any Environmental Condition, including but not limited to, any spilling, leaking; discharge, release or threat of release of any Hazardous Substance, and (c) any condition caused by the presence, use or release of a Hazardous Substance which adversely affects the value of the Property. If Bor- rower learns, or is notified by any governmental or regulatory authority, or any private party, that any removal or other remediation of any Hazardous Substance affecting the Property is necessary, Borrower shall promptly take all necessary remedial actions in accordance with Environmental Law. Nothing herein shall create any obligation on Lender for an Environmental Cleanup. NON -UNIFORM COVENANTS. Borrower and Lender further covenant and agree as follows: 22. Acceleration; Remedies. Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless Applicable Law provides otherwise). The notice shall specify: (a) the default; (b) the action required to cure the default; (c) a date, not less than 30 days from the date the notice is given to Borrower, by which the default must be cured; and (d) that failure to cure the default on or before the date specified in the notice may result in accel- eration of the sums secured by this Security Instrument and sale of the Property. The notice shall further inform Borrower of the right to reinstate after acceleration and the right to bring a court action to assertthe non-existence of a default or any other defense of Borrower to acceleration and sale. If the default is not cured on or before the date specified in the notice, Lender at its option may require immediate payment in full of all sums secured by this Security Instrument without further demand and may invoke the power of sale and any other remedies permitted by Applicable Law. Lender shall be entitled to collect all expenses incurred in pursuing the remedies provided in this Section 22, including, but not limited to, reasonable attomeys' fees and costs of title evidence. If Lender invokes the power of sale, Lender shall execute or cause Trustee to execute a written notice of the occurrence of an event of default and of Lender's election to cause the Property to be sold. Trustee shall cause this notice to be recorded in each county in which any part of the Property is located. Lender or Trustee shall mail copies of the notice as prescribed by Applicable Law to Borrower and to the other persons prescribed by Applicable Law. Trustee shall give public notice of sale to the persons and in the manner prescribed by Applicable Law. After the time required by Applicable Law, Trustee, without demand on Borrower, shall sell the Property at public auction to the highest bidder at the time and place and under the terms designated in the notice of sale in one or more parcels and in any order Trustee determines. Trustee may postpone sale of all or any parcel of the Property by public announcement at the time and place of any previously scheduled sale. Lender or its designee may purchase the Property at any sale. Trustee shall deliver to the purchaser Trustee's deed conveying the Property without any covenant or war- ranty, expressed or implied. The recitals in the Trustee's deed shall be prima facie evidence of the truth of the statements made therein. Trustee shalt apply the proceeds of the sale in the following order. (a) to all expenses of the sale, including, but not limited to, reasonable Trustee's and attorneys' fees; (b) to all sums secured by this Security Instrument; and (c) any excess to the person or persons legally entitled to it. 23. Reconveyance. Upon payment of all sums secured by this Security Instrument, Lender shall request Trustee to reconvey the Property and shall surrender this Security Instrument and all notes evidencing debt secured by this Security Instrument to Trustee. Trustee shall reconvey the Property without warranty to the person or persons legally entitled to it. Lender may charge such person or persons a reasonable fee for reconveying the Property, but only if the fee is paid to a third party (such as the Trustee) for services rendered and the charging of the fee is permitted under Applicable Law. If the fee charged does not exceed the fee set by Applicable Law, the fee is conclusively presumed to be reasonable. 24. Substitute Trustee. Lender, at its option, may from time to time appoint a successor trustee to any Trustee appointed hereunder by an instrument executed and acknowledged by Lender and recorded in the office of the Recorder of the county in which the Property is located. The instrument shall contain the name of the original Lender, Trustee and Bor- rower, the book and page where this Security Instrument is recorded and the name and address of the successor trustee. Without conveyance of the Property, the successor trustee shall succeed to all the title, powers and duties conferred upon the Trustee herein and by Applicable Law. This procedure for substitution of trustee shall govern to the exclusion of all other provisions for substitution. 25, Statement of Obligation Fee. Lender may collect a fee not to exceed the maximum amount permitted by Appli- cable Law for furnishing the statement of obligation as provided by Section 2843 of the Civil Code of California. CALIFORNIA--Single Family --Fannie Mae/Freddie Mar, UNIFORM INSTRUMENT Form 3005 1101 Initials: r-T Ellie Mae, Inc Page 11 of 13 CAEDEDL 0315 CAEQEDL (CLS) !1 LOAN #: 138517151311 The undersigned Borrower requests that a copy of any Notice of Default and any Notice of Sale under this Security Instrument be mailed to Borrower at the address set forth above. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this Security Instrument and in any Rider executed by Borrower and recorded with It. ' ! 1411---. (Seat) A notary public or 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 County of LOS ANGELES On 't , before (here insert name and title of the officer), personally appeared EULt ES A. PEREZ, who proved tome -On the basis of satisfactory evidence be the personal whose name s re subscribed to the within instrument and ackn Wedged to me that she/they executed the same in Iher/their authorized capacityDesl, and that by is her/their signature on the instrument the personX, or the entity upon behalf of which the person acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct, WITNESS y nd and offic' ISO, Signature � — ~ --- (NOTARY) (SEAL) � A� ; VANESSA MOSQUEDA DE LA haO Commission # 2050280 z . �m Notary Public • California z Z ' Los Angeles County 4 Comrn� Ex Tres Mar 1, 2018 CALIFORNIA--Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3005 1101 Ellie Mae, Inc. Page 12 of 13 Initials:—5�__..__ CAEDFDI 0315 CAEDEDL(CLS) Lender: Broker Solutions, lnc.dba New American Funding NMLS ID: 6606 Broker: NMLS ID: 6606 Loan Originator: Robert Reza NMLS ID:1189012 CALIFORNIA--Single Family --Fannie MaelFreddie Mac UNIFORM INSTRUMENT Form 3005 1101 Ellie Mae, Inc. Page 13 of 13 LOAN #:138517151311 Initials: �_ CAEDEDI_ 0315 CAEDEDL (cLS) ikl ORDER NO.: 2614022861 EXHIBIT A The land referred to is situated in the County of Los Angeles, City of Huntington Park, State of California, and is described as follows: Lot 22 of Tract No. 43028, in the City of Huntington Park, County of Los Angeles, State of California, as per Map Recorded in Book 1042, Page(s) 3 to 6 inclusive of Maps, in the Office of the County Recorder of said County. EXCEPT THEREFROM all oil, oil rights, natural gas, natural gas rights and other hydrocarbons by whatsoever name known, and all other minerals and mineral rights, whether or not similar to those herein mentioned, below a depth of 500 feet provided that Grantor shall not have any right of surface entry to drill, mine, explore or otherwise operate upon, in, through or under the land herein conveyed, in the exercise of the herein excepted and reserved rights as reserved by Edith A. Smith, in Deed Recorded August 18, 1983, as Instrument No. 83-958085, by Luis M. Guzman, in Deed Recorded June 17, 1983, as Instrument No. 83-683479, by Anna E. Erman in Deed Recorded June 6, 1983, as Instrument No. 83-628245, by Manuel De Leon and Maria De Leon, Roberto Garcia and Yolanda Garcia, in Deed Recorded August 8, 1983 as Instrument No. 83-910106, by Efrain Arellano and Elva Arellano, husband and wife and Efrain Antonio Arrellano, a single man, in Deed Recorded September 13, 1983, as Instrument No. 83-1070195, by Francisco Fonseca and Josefina Fonseca, in Deed Recorded August 25, 1983, as Instrument No. 83-989092, by Edward H. Olson, in Deed Recorded August 23, 1983, as Instrument No. 83- 997128, by Ronald L. Vasquez and Constance Mae Vasquez, Verla Botkin and Lorraine Botkin, in Deed Recorded July 7, 1983, as Instrument No. 83-769579 and 83769580 and by Noel Valentin Bernal and Graciela Bernal, in Deed Recorded September 26, 1983, as Instrument No. 83- 1131450, all of Official Records. APN: 6310-023-270 Page 1 of 1 k l4 LOAN #: 138517151311 CASE M 44 44 6-3707594 MIN:1003763-0002884153-2 VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER NOTICE: THIS LOAN IS NOTASSUMABLE WITH- OUT THE APPROVAL OF THE DEPARTMENT OF VETERANS AFFAIRS OR ITS AUTHORIZED AGENT. THIS VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER is made this 3rd day of November, 2017, and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Deed to Secure Debt (herein "Security Instrument") dated of even date herewith, given by the undersigned (herein "Borrower") to secure Borrower's Note to Broker Solutions, Inc.dba New American Funding, a Corporation (herein "Lender") and covering the Property described in the Security Instrument and located at 2915 East 60th Place #S Huntington Park, CA 90255 VA GUARANTEED LOAN COVENANT: In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: If the indebtedness secured hereby be guaranteed or insured under Title 38, United States Code, such Title and Regulations issued thereunder and in effect on the date hereof shall govern the rights, duties and liabilities of Borrower and Lender. Any provi- sions of the Security Instrument or other instruments executed in connection with said indebtedness which are inconsistent with said Title or Regulations, including, but not limited to, the provision for payment of any sum in connection with prepayment of the secured indebtedness and the provision that the Lender may accelerate payment of the secured indebtedness pursuant to Covenant 18 of the Security Instrument, are hereby VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER Initials: _— Ellie Mae, Inc. Page 1 of 3 P8751ARL 1011 P8751ARL (CLS) M LOAN #:138517161311 amended or negated to the extent necessary to conform such instruments to said Title or Regulations. LATE CHARGE: At Lender's option, and as allowed by applicable state law, Borrower will pay a "late charge" not exceeding four per centum (4%) of the overdue payment when paid more than fifteen (15) days after the due date thereof to cover the extra expense involved in handling delinquent payments, but such "late charge" shall not be payable out of the proceeds of any sale made to satisfy the indebtedness secured hereby, unless such proceeds are sufficient to discharge the entire indebtedness and all proper costs and expenses secured hereby. GUARANTY: Should the Department of Veterans Affairs fail or refuse to issue its guaranty in full amount within 60 days from the date that this loan would normally become eligible for such guaranty committed upon by the Department of Veterans Affairs under the provisions of Tide 38 of the U.S. Code "Veterans Benefits," the Mortgagee may declare the indebt- edness hereby secured at once due and payable and may foreclose immediately or may exercise any other rights hereunder or take any other proper action as by law provided, TRANSFER OF THE PROPERTY: This loan may be declared immediately due and payable upon transfer of the property securing such loan to any transferee, unless the acceptability of the assumption of the loan is established pursuant to Section 3714 of Chapter 37, Title 38, United States Code. An authorized transfer ("assumption") of the property shall also be subject to additional covenants and agreements as set forth below: (a) ASSUMPTION FUNDING FEE: Afee equal to one-half of 1 percent (.50%) of the balance of this loan as of the date of transfer of the property shall be payable at the time of transferto the loan holder or its authorized agent, as trustee for the Department of Veterans Affairs. If the assumer fails to pay this fee at the time of transfer, the fee shall constitute an additional debt to that already secured by this instrument, shall bear interest at the rate herein provided, and, at the option of the payee of the indebtedness hereby secured or any transferee thereof, shall be immediately due and payable. This fee is automatically waived if the assumer is exempt under the provisions of 38 U.S.C. 3729 (c). (b) ASSUMPTION PROCESSING CHARGE: Upon application for approval to allow assumption of this loan, a processing fee maybe charged by the loan holderor its authorized VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER Initials: ___(_} IF Elite Mae, Inc Page 2 of 3 P8751ARL 1011 P8751ARL(CLS) to LOAN #: 138517151311 agent for determining the creditworthiness of the assumer and subsequently revising the holder's ownership records when an approved transfer is completed. The amount of this charge shall not exceed the maximum established by the Department of Veterans Affairs for a loan to which Section 3714 of Chapter 37, Title 38, United States Code applies. (c) ASSUMPTION INDEMNITY LIABILITY: If this obligation is assumed, then the assumer hereby agrees to assume all of the obligations of the veteran under the terms of the instruments creating and securing the loan. The assumer further agrees to indemnify the Department of Veterans Affairs to the extent of any claim payment arising from the guaranty or insurance of the indebtedness created by this instrument. IN WITNESS WHEREOF, Borrower(s) has executed this VA Guaranteed Loan and Assumption Policy Rider, G 1 f:- (seal) VA GUARANTEED LOAN AND ASSUMPTION POLICY RIDER Initials: _.__ ? Elbe Mae, Inc. Page 3 of 3 P8751ARL 1011 P8751ARL (CLS) ��TS•.� L!'� lA LOAN #: 138517151311 MIN:1003763-0002884153-2 PLANNED UNIT DEVELOPMENT RIDER CASE #: 44-44-6-3707694 THIS PLANNED UNIT DEVELOPMENT RIDER is made this 3rd day of November, 2017 and is incorporated into and shall be deemed to amend and supplement the Mortgage, Deed of Trust or Security Deed (the "Security Instrument") of the same date, given by the undersigned (the "Borrower") to secure Borrower's Note to Broker Solutions, inc.dba New American Funding, a Corporation (the "Lender") of the same date and covering the Property described in the Security Instrument and located at: 2916 East 60th Place #S, Huntington Park, CA 90255. The Property includes, but is not limited to, a parcel of land improved with a dwelling, together with other such parcels and certain common areas and facilities, as described in COVENANTS, CONDITIONS AND RESTRICTIONS (the "Declaration"). The Property is a part of a planned unit development known as North Park (the "PU D"). The Property also includes Borrower's interest in the homeowners association or equivalent entity owning or managing the common areas and facilities of the PUD (the Owners Association") and the uses, benefits and proceeds of Borrower's interest. PUD COVENANTS. In addition to the covenants and agreements made in the Security Instrument, Borrower and Lender further covenant and agree as follows: A. PUD Obligations. Borrower shall perform all of Borrower's obli ations under the PUD's Constituent Documents. The "Constituent Documents" are the Ci) Declaration; (ii) articles of incorporation, trust instrument or any equivalent document which creates the Owners Association; and (iii) any by-laws or other rules or regulations of the _Owners Initials:.._ ep MULTISTATE PUD RIDER —Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3150 1101 Ellie Mae, Inc. Page 1 of 3 F315ORLU 0115 F315ORLU (CLS) jk TV;I?:,. R-21 LOAN #: 138617151311 Association. Borrower shall promptly pay, when due, all dues and assessments imposed pursuant to the Constituent Documents. B. Property Insurance. So long as the Owners Association maintains, with a generally accepted insurance carrier, a "master" or "blanket" policy insuring the Property which is satisfactory to Lender and which provides insurance coverage in the amounts (including deductible levels), for the periods, and against loss by fire, hazards included within the term "extended coverage," and any other hazards, including, but not limited to, earthquakes and floods, for which Lender requires insurance, then: (i) Lender waives the provision in Section 3 for the Periodic Payment to Lender of the yearly premium installments for property insurance on the Property; and (ii) Borrower's obligation under Section 5 to maintain property insurance coverage on the Property is deemed satisfied to the extent that the required coverage is provided by the Owners Association policy. What Lender requires as a condition of this waiver can change during the term of the loan. Borrower shall give Lender prompt notice of any (lapse in required property insurance coverage provided by the master or blanket policy. In the event of a distribution of property insurance proceeds In lieu of restoration or repair following a toss to the Property, or to common areas and facilities of the PUD, any proceeds payable to Borrower are hereby assigned and shall be paid to Lender. Lender shall apply the proceeds to the sums secured by the Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. C. Public Liability Insurance. Borrower shall take such actions as may be reasonable to ensure that the Owners Association maintains a public liability insurance policy acceptable in form, amount, and extent of coverage to Lender. D. Condemnation. The proceeds of any award or claim for damages, direct or consequential, payable to Borrower in connection with any condemnation or other taking of all or any part of the Property or the common areas and facilities of the PUD, or for any conveyance in lieu of condemnation, are hereby assigned and shall be paid to Lender. Such proceeds shall be applied by Lender to the sums secured by the Security Instrument as provided in Section 11, E. Lender's Prior Consent. Borrower shall not, except after notice to Lender and with Lender's prior written consent, either partition or subdivide the Property or consent to: (i) the abandonment or termination of the PUD, except for abandonment or termination required by law in the case of substantial destruction by fire or other casualty or in the case of a taking by condemnation or eminent domain; (ii) any amendment to any provision of the "Constituent Documents" if the provision is for the express benefit of Lender; (iii) termination of professional management and assumption of Initials: —_— MULTISTATE PUD RIDER --Single Family —Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3150 1101 Elbe Mae, Inc Page 2 of 3 F3150RLU 0115 F315ORLU (CLS) FL �W#�.. /U\ LOAN #: 138517151311 self -management of the Owners Association; or (iv) any action which would have the effect of rendering the public liability insurance coverage maintained by the Owners Association unacceptable to Lender. F. Remedies. If Borrower does not pay PUD dues and assessments when due, then Lender may pay them. Any amounts disbursed by Lender under this paragraph F shall become additional debt of Borrower secured by the Security Instrument, Unless Borrower and Lender agree to other terms of payment, these amounts shall bear interest from the date of disbursement at the Note rate and shall be payable, with interest, upon notice from Lender to Borrower requesting payment. BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants contained in this PUD Rider. Initials: MULTISTATE PUD RIDER --Single Family --Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 31601101 Ellie Mae, Inc Page 3 of 3 F315ORLU 0115 F3150RLU (CLS) Kif lrf:rl� Ia. T' �H= ��I•