AND CONDITIONS THEREIN
CONTAINED, RECORDED MAY 6, 2003 AS INSTRUMENT NO. 03-1282113.
AA END OF
SCHEDULE B
AB NOTE NO. 1: THERE ARE NO CONVEYANCES AFFECTING SAID LAND,
RECORDED WITHIN SIX (6) MONTHS OF THE DATE OF THIS REPORT.
AC NOTE NO. 2: THE
CHARGE FOR A POLICY OF TITLE INSURANCE, WHEN ISSUED THROUGH THIS TITLE ORDER,
WILL BE BASED ON THE SHORT-TERM RATE.
TABLE OF CONTENTS
SCHEDULE B
(continued)
Page 6
Order No:
21057665
X59
Your
Ref:
250 N. HALSTEAD ST.
AD NOTE NO. 3: WHEN THIS TITLE ORDER CLOSES AND IF CHICAGO TITLE IS HANDLING
LOAN PROCEEDS THROUGH SUB-ESCROW, ALL TITLE CHARGES AND EXPENSES NORMALLY
BILLED, WILL BE DEDUCTED FROM THOSE LOAN PROCEEDS (TITLE CHARGES AND EXPENSES
WOULD INCLUDE TITLE PREMIUMS, ANY TAX OR BOND ADVANCES, DOCUMENTARY TRANSFER TAX
AND RECORDING FEES, ETC.).
AE NOTE NO. 4: IF THIS COMPANY IS REQUESTED TO DISBURSE FUNDS IN CONNECTION WITH
THIS TRANSACTION, CHAPTER 598, STATUTES OF 1989 MANDATES HOLD PERIODS FOR CHECKS
DEPOSITED TO ESCROW OR SUB-ESCROW ACCOUNTS. THE MANDATORY HOLD PERIOD FOR
CASHIER'S CHECKS, CERTIFIED CHECKS AND TELLER'S CHECKS IS ONE BUSINESS DAY AFTER
THE DAY DEPOSITED. OTHER CHECKS REQUIRE A HOLD PERIOD OF FROM TWO TO FIVE
BUSINESS DAYS AFTER THE DAY DEPOSITED. IN THE EVENT THAT THE PARTIES TO THE
CONTEMPLATED TRANSACTION WISH TO RECORD PRIOR TO THE TIME THAT THE FUNDS ARE
AVAILABLE FOR DISBURSEMENT (AND SUBJECT TO COMPANY APPROVAL), THE COMPANY WILL
REQUIRE THE PRIOR WRITTEN CONSENT OF THE PARTIES. UPON REQUEST, A FORM
ACCEPTABLE TO THE COMPANY AUTHORIZING SAID EARLY RECORDING MAY BE PROVIDED TO
ESCROW FOR EXECUTION.
WIRE TRANSFERS
THERE IS NO MANDATED HOLD PERIOD FOR FUNDS DEPOSITED BY CONFIRMED WIRE
TRANSFER. THE COMPANY MAY DISBURSE SUCH FUNDS THE SAME DAY.
CHICAGO TITLE
WILL DISBURSE BY WIRE (WIRE-OUT) ONLY COLLECTED FUNDS OR FUNDS RECEIVED BY
CONFIRMED WIRE (WIRE-IN). THE FEE FOR EACH WIRE-OUT IS $25.00. THE COMPANY'S
WIRE-IN INSTRUCTIONS ARE:
WIRE-IN INSTRUCTIONS FOR BANK OF AMERICA:
BANK:
BANK OF AMERICA
1850 GATEWAY BLVD.
CONCORD, CA 94520
BANK ABA:
121000358
ACCOUNT NAME:
CHICAGO TITLE COMPANY
BROADWAY PLAZA OFFICE
ACCOUNT NO.:
12351-50737
FOR CREDIT TO:
CHICAGO TITLE COMPANY
700 SOUTH FLOWER, SUITE 900
LOS ANGELES, CA 90017
FURTHER CREDIT TO:
ORDER NO.: 021057665
AF NOTE NO. 5: YOUR OPEN ORDER REQUEST INDICATES THAT A LIMITED LIABILITY
TABLE OF CONTENTS
Page 7
SCHEDULE B
(continued)
Order No:
21057665
X59
Your
Ref:
250 N. HALSTEAD ST.
COMPANY WILL BE ACQUIRING, ENCUMBERING OR CONVEYING REAL PROPERTY IN YOUR
TRANSACTION. UNDER THE PROVISIONS OF "THE CALIFORNIA LIMITED LIABILITY ACT,
EFFECTIVE SEPTEMBER 30, 1994" THE FOLLOWING WILL BE REQUIRED:
1. A COPY OF
THE ARTICLES OF ORGANIZATION (AND ALL AMENDMENTS, IF ANY) THAT HAS BEEN FILED
WITH THE SECRETARY OF STATE.
2. THE REQUIREMENT THAT THIS COMPANY BE
PROVIDED WITH A COPY OF THE OPERATING AGREEMENT. THE COPY PROVIDED MUST BE
CERTIFIED BY THE APPROPRIATE MANAGER OR MEMBER THAT IT IS A COPY OF THE CURRENT
OPERATING AGREEMENT.
3. IF THE LIMITED LIABILITY COMPANY IS MEMBER-MANAGED
THEN THIS