Loading...
HomeMy WebLinkAbout1517 S. Payment of Escrow Fees: All escrow fees charged by Escrow Agent shall be paid by Developer. ' 6. Liability of Escrow Agents Limitations Dispute: Provided Escrow Agent bas faithfully perfor~aed its duties under this Escrow Agreement; then Esecor? Agent shall have no liability nor obligation to either Developer or the purchaser nor shall Escrow Agent be liable for responsible to Developer or the purchaser for any court costs, attorneys' fees or other like costs. In the event _of a dispute bet- ween the parties, Escrow Agent nwy file an interpleader action for the purpose of obtaining a judgment directing payment of the escrowed funds. In the event of the filing of such interpleader act ion, Escrow Agent shall be entitled to receive all court costs, its attorneys' fees and all other expenses connected with the bringing of such action froze the escrowed funds. 7. Gender: The use of the singular number shall include the plural, and the plural the singular; the use of any gender shall include all genders. 8. Binding Effect: This Agreement shall bind and inure to the benefit of the parties, the purchaser involved and their- heirs, personal representatives, successors and assigns. 9. Caption: Captions are inserted in this Agreement for convenience and reference onlg and shall not be taken in any way to _ limit or describe the scope of this Agreement or any provision thereof . IN ieiITNESS b'HEREOF, the said Developer and Escrow Agent have caused these presents to be executed in their names and their cor- porate seals to be hereunto affixed, .by their proper officers thereunto duly authorized, the day of _ ~ , 1980 ~ ~ : ; _ HILL TOP DEVELOPERS, I DEVELOPER ~ . EARL R. NELS_OAi, INC . . ~tm~u2.V.D. ESCROW AGENT - t e~~'tRC~~ P~cE~.~ EXHIBIT B TO PtlRCHI~SE AGRff1tEKT