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upr000102 150

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upr000102-150
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University of Nevada, Las Vegas. Libraries

1 2 3 4 5 6 7 8 9 10 1 1 1 2 13 1 4 15 16 17 18 19 20 21 22 23 24 25 26 provisions of Section f i t hereof. You are instructed to request the Pioneer Title Insurance Company at once to start preliminary search of title to the proper­ty referred to in paragraph (a) of Section 1 of the Sale Agreement and to start completion of the preliminary report referred to in paragraph (c) of Section I? of these instructions which Union Pacif­ic has heretofore ordered outside of this escrow. The Sellers shall pay for the policy of title insurance and the preliminary title report referred to in paragraphs (b) (c) of Section IV. of these Instructions, the cost of documentary stamps to fee affixed by you pursuant to Section 3482 of the Inter­nal Revenue Code on all instruments conveying lands, tenements or realty to the District, the cost of recording the document referred to in paragraph 6 of Section III of these Instructions, and one half of your escrow fees. Prior to the sale date the Sellers will in­struct you as to the amount of documentary stamps to be affixed fey you pursuant to Section 3402 of the Internal Revenue Code. The Dis­trict shall pay the cost of recording the documents referred to in Sections 1, 2, 4, 5 and 7 of Section III hereof and one-half of your escrow fees. | All funds received by you in this escrow shall be held in trust by you as a special deposit and shall be kept separate and distinct from your general assets. All payments made by you to the Mater Company shall be made by cashier*s cheek, which shall fee sent by united States regie- 12.