ESCROW COLLECTION. This agreement is an irrevocable Escrow and survives the death of any party. Escrow Pacific, LLC’s sole obligation with respect to all documents deposited with Escrow Pacific, LLC is the safekeeping thereof. Escrow Pacific, LLC has no responsibility for the payment of any taxes, assessments or insurance, unless provided for in addenda attached hereto, or the performance of any act not expressly set forth in this agreement, even though contained in the documents deposited. This agreement may be amended only with the written consent of Escrow Pacific, LLC. This agreement may be cancelled on thirty (30) days written notice to Escrow Pacific, LLC, executed by all of the parties hereto, their successors or assigns. Nothing in this agreement will replace, modify or amend the terms of the agreement between the parties. COLLECTION ACCOUNT FEE SCHEDULE Collection Account - one time set up fee $50.00 Escrow Collection Account - one time set up fee $100.00 TOTAL PAID AT SET UP Monthly Fees (single disbursement) $16.50 Each Addition Disbursement $1 X = Buyer Receipt............................................................. $1.50 Reserve Account (Addendum attached hereto).... $7.00 Late Payment Notification ....................................... $1.00 Assumption Fee $50.00 N.S.F. Fee $75.00 Stop Payment Fee $35.00 Payoff Quote Fee $50.00(updates$25.00) File Close Fee ............................................................................ $50.00 All fees and charges are subject to change upon thirty (30) days written notice.
ESCROW COLLECTION. If a long-term escrow/collection is involved, then the escrow/collection holder shall be N/A. Each party agrees to pay one-half of escrow/collection fees and escrow setup fees.
