RES 81054 - Laserfiche WebLink

Pay all escrow and recording fees incurred in this transaction and, if title insurance is desired by the City of Pleasanton the premium charged therefor. (c) Have the authority to deduct and pay from the amount shown in Clause 2(A) above, any amount necessary to satisfy any delinquent taxes due in any fiscal year except the fiscal year in which this escrow closes, together with penal ties and interest thereon, and/or delinquent or nondelinquent assessments or bonds except those which title is to be taken subject to in accordance with the terms of this contract. 3. Any or all monies payable under this contract, up to and including the total amount of unpaid principal and interest on note(s) secured by mortgage(s) or deed(s) of trust, if any, and all other amounts due and payable in accordance with the terms and conditions of said trust deed(s) or mortgage(s) shall, upon demand(s) be made payable to the mortgagee(s) or beneficiary(s} entitled thereunder; said ~ortgagee(s) or beneficiary(s) to furnish grantor with good and sufficient receipt showing said monies credited against the indebtedness secured by said mortgage(s) or deed(s) of trust. 4. The granter(s) shall retain possession of the property conveyed up to and including the date of recording of the deed conveying ti~e f~ the City of P1 easanton upon compliance by the grantor(s) with the conditions of this contract. 5. Granter(s) warrant(s) that there are no oral or written leases on all or any portion of the property exceeding a period of one month, and the grantor(s) further agree(s) to hold the City of Pleasanton harmless and reimburse the City of Pleasanton for any an~ all of its 1 osses and expenses occasioned by reason of any lease of said property held by any tenant of grantor(s) for a period exceeding one month. 6. The undersigned grantor(s) hereby agree(s) and consent(s) to the dismissal of any eminent domain action in the superior Court wherein the herein described land i s included and al so waive(s) any and all cl aims to any money that may now be on deposit in said action. 7. It is understood and agreed that the grantor(s) shall eliminate to the satisfaction of the below-named title company the effect of the following: 8. This transaction will be handled through an escrow with Transamerica Title Insurance Company, Dublin, California, Escrow No. 05-07-0715740.