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Res. #18-005 - Authorizing Conveyance of Real Property to Jon & Sophie Pederson
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Res. #18-005 - Authorizing Conveyance of Real Property to Jon & Sophie Pederson
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5/24/2018 11:25:58 AM
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EMBIBITA <br /> AOO <br /> The undersigned hereby joins in Us Agreement for tho purposes of being bound by the <br /> came;thereof saluting to the Hercrot Mot"and of agreeing to perform its obligations thercunder <br /> as Reenew Agent-with respect devote. The sole duties d Escrow Agent under this Agreement <br /> &all be those described havem, and Escrow Agent sW be under no obligation to determine <br /> whodw the other parties hereto wo complfbig with OnY fcquimmcds Of law Or the terms and <br /> conditions of any Other agreements among add patim. Escrow Agent may OMOIU*OIY rely <br /> upon, and shall be protected in acting upon, any notice, conaen4 order Or Other dOcwucnt <br /> believed by it to be genuine and to have been signed or Rioundod,by the Proper PhItY Or Parties, <br /> oreaslawart with.reasonable due dftww on Escrow Apes part, Escrow Ageat shall have no <br /> duty or liability to v%* am, such antiew, coment, order or cheat docursant, ad its sole <br /> evejoinalbility sball be to act as expressly set forth in this Agreement ff Nor dispute alses with <br /> respect to the disbursement of my momes, held by Escrow Agent pursuant to this Ageement, <br /> Escrow Agent may continue to hold the am=at deposit thosaraw,in court pending rasoludia,of <br /> sawh dispute, Fred the other parties hereto hereby often to indemidilr and hold harmless Escrow <br /> Agent from any such action taken by it in good faith in the exaccohin of its duties bmvunder. The <br /> ® to We Agreement agree W it=may War a potential conflict of finervat between the <br /> duties and obligations of Escrow Agent parosoat to this Agmeneast and a Inseam of the title to <br /> the Property. Sena and Purchaser acknowledge such potential conflict and agree not to maku <br /> am,claim against Bacrow Agent alleging coufflat of Interest arWng 09 a result Of the exercise Of <br /> its duties under Us Agreement and in daterachring whadcar it can give Its irrevocable <br /> commitment to to=Purchasceo title. <br /> Dated <br /> 2016 <br /> COMMKISCIAL PARTNERS TDIR.LLC. <br /> By <br /> It <br /> is <br />
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