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upr000102 249

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upr000102-249
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University of Nevada, Las Vegas. Libraries

1 2 3 4 5 >6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 2 1 2 2 23 24 25 26 properties of the Salt Lake Company and the Union Pacific, which the said Railroad Companies agree to pay before delinquency. You are instructed to request the Pioneer Title Insurance Company at once to start preliminary search of title of the proper­ty referred to in paragraph W. of Section 1 of the Sale Agreement 4.n The Sellers shall pay for the policy of title insurance paragraphs (b) and (c) of and the preliminary title report referred to in/Section IV of these Instructions, the cost of documentary stamps to be 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 by you pursuant to Section 3482 of the Internal Revenue Code. The District shall pay the cost of recording the documents referred to in Sections 1, 2, 4, 5 a^d 7 of Section III hereof and one-half of your escrow fees. X 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. M l frurh-fu n d ^ ^ uously secured for the benefit of_J^HW?S1Jfict and the Sellers by | |T—ct—g—— depositing wii^-th^rreasurers of the District and of the Water Com-as. c 12.