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upr000258 184

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upr000258-184
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    This material is made available to facilitate private study, scholarship, or research. It may be protected by copyright, trademark, privacy, publicity rights, or other interests not owned by UNLV. Users are responsible for determining whether permissions are necessary from rights owners for any intended use and for obtaining all required permissions. Acknowledgement of the UNLV University Libraries is requested. For more information, please see the UNLV Special Collections policies on reproduction and use (https://www.library.unlv.edu/speccol/research_and_services/reproductions) or contact us at special.collections@unlv.edu.

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    1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 p ro p e rtie s o f the S a lt take and the Union P a c ific , which the sa id Sailro& d Companies agree to pay 'before delinquency. Yon are in stru c te d to re cues t the Pioneer T it le Insurance Company a t onm to s ta r t p relim in ary search o f t i t l e o f th e proper­ty re fe rre d to in paragraph (1 ) o f le c tio n 1 o f the S ale Agreement and to s ta r t preparation o f th e p relim in ary rep ort re fe rre d to in paragraph (e ) o f S ection IT o f these In str u c tio n s, The S e lle r s s h a ll pay fo r the p o lic y o f t i t l e insurance paragraphs (to) and (c ) o f and the preliminary title report referred to in/Seotion If o f these Instructions, the cost of documentary stamps to be affixed by you pursuant to section $ftii of the Internal Sautaua Soda on all instru­ments conveying lands, tenements or realty to the district, the cost of recording the document referred to in paragraph 6 of Beetion III of these instructions, and me half of your escrow fees. Prior to the sale date the Sellers will instruct you as to the amount of doc­umentary stamps to be affixed by you pursuant to Section 348.$ of the Internal Kevenue Cotie, Th® District shall pay the cost of recording the documents referred to In Sections 1, g, 4, §. and ? of Section III hereof and one-half of your escrow fees, 1 A ll funds received by you in t h is escrow s h a ll m h eld in tr u s t by you as a sp e c ia l d ep o sit and s h a ll fee leapt sep arate and d is t in c t from your gen eral a s s e t s . A ll such funds s h a ll be co n tin ­u ou sly secured fo r the b e n e fit o f the D is t r ic t and the S e lle r s by d e p o sitin g w ith the Treasurers o f the D is tr ic t and o f the Mater do® . P«ny as c o lla t e r a l se c u r ity Treasury Motes o r U nited S ta te s Bonds ia.