DocuSign Envelope ID: CF39993543DA8.46E5•BD3A-233EAOCFD585

DocuSign Envelope ID: CF39993543DA8.46E5•BD3A-233EAOCFD585 DocuSign Envelope ID: 61C384EA-6CD0-4630-9BAB-ZEFF773D656F CALIFORNIA at ASSOCIATION COUNTER OFFER No. 5 For use by Seller or Buyer. May be used forMuttlple Counter Offer. 101 OF REALTORS e (CAR. Form CO, Revised 11/10) Date October 9, 2013 This is a counter offer to the: 0 California Residential Purchase Agreement, ro Counter Offer No.. 4 dated , on properly known as 16490 El Hitol Other Place Pacific Palisades, ("Property"). Thomas Nieman, Rosalind 14 Nieman (-Buyer") and Barry Josephson Mellen. 1. TERMS: The terms and conditions of the above referenced document are accepted subject to the following: A. Paragraphs in the Offer that require initials by all parties, but are not initialed by all parties, aro excluded from the final agreement unless specifically referenced for inclusion in paragraph IC of this or another Counter Offer. B. Unless otherwise agreed in writing, down payment and loan amount(s) will be adjusted in the same proportion as in the original Offer. C. OTHER TERMS: I. Purchase price to be $4,600,000 between ("Offer"), D. The following attached addenda are incorporated into this Counter Offer 0 Addendum No. 2. RIGHT TO ACCEPT OTHER OFFERS: If this is a Seller Counter Offer, (I) Seller has the right to continue to offer the Property for sale or for another transaction, and to accept any over offer at any time prior to Acceptance, as described in paragraph 3 and (h) Seller's acceptance of another otter prior to Buyer's Acceptance of this Counter Offer, shall revoke this Counter Offer. 3. EXPIRATION: This Counter Offer shall be deemed revoked and the deposits, if any. shall be returned unless this Counter Offer is signed by the Buyer or Seller to whom it is sent and a Copy of the signed Counter Offer is personally received by the person making this Counter Offer or by , who is authorized to receive (date), al 4. 5. 6. 7. it, by 5.00 PM on the third Day After the later date specified in paragraph 5 or, (if checked) by ❑ 9 AM ❑ PM. This Counter Offer may be executed in counterparts. Ei (If checked:) MULTIPLE COUNTER OFFER: Seller is making a Counter Offer(s) to another prospective buyer(s) on terms that may or may not be the same as in this Counter Offer. Acceptance of this Counter Offer by Buyer shall not be binding unless and until It is subsequently re-Signed by Seller in paragraph 7 below and a Copy of the Counter Offer Signed in paragraph 7 is personably received by Buyer or by , who is authorized to receive it, by 5:00 PM on the third Day After the later date specified in paragraph 5 or. (if checked) by 0 (date), at ❑ AM 0 PM. Prior to the completion of all of these events. Buyer and Seller shall have no duties or obligations for the purchase or sale of the Property. NOTE TO SELLER: Sign and date in paragraph 5 to make this Counter Offer. , FER: U E OR a/l SELLER MAKES THIS COUNTER OFFER ON THE TERmitnyydit ACKNOWLEDGES RECEIPT OF A COPY. Date 1/4-±faserset:n• Date ACCEPTANCE: VINE acce ter Offer (if checked 0 SUBJECT TO THE ATTACHED COUNTER OFFER) and acknowledge receipt of a Copy. 1 10/11/2013 i—DocuSigned . Date Time 0 AM CIPM Thomas Minas I 10/11/2013 „ _ ti,,, i CA 1,4 1r mot Date Time DAMCIPM Rosalind N N MULTIPLE COSETEDOWSIGNATURE LINE: By signing below, Seller accepts this Multiple Counter Offer. NOTE TO SELLER: Do NOT sign in this box until after Buyer signs in paragraph O. (Paragraph 7 applies only If paragraph 4 is chocked.) Date Time DAM DM Date Time DAM OPM 8. ( / ) (Initials) Confirmation of Acceptance: A Copy of Signed Acceptance was personally received by the maker of the Counter Offer, or that person's authorized agent as specified In paragraph 3 (or, If this is a Multiple Counter Offer, the Buyer or Buyer's authorized agent as specified in paragraph 4) on (date) at 0 AM 0 PM. A binding Agreement is created when a Copy of Signed Acceptance is personally received by the the maker of the Counter Offer, or that person's authorized agent (or, if this Is a Multiple Counter Offer, the Buyer or Buyer's authorized agent) whether or not confirmed In this document. Completion of this confirmation is not legally required in order to create a binding Agreement; it is solely intended to evidence the date that Acceptance has occurred. The copyright laws of the United Stales (Title 17 U.S. Code) forbid the unauthorized reproduction of this form, or any portion thereof, by photocopy machine or any other means. Mekong facsimile or computerized formats. Copyright IP 1988.2012. CALIFORNIA ASSOCIATION OF REALTORS'S, INC. ALL RIGHTS RESF-ftVE0. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA AcAry'lATTON OF REALTORS'S (CAR.). NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form is available for use by the entire real estate industry. It Is net Intended to identify the user as a REALTORS. REALTORS' is a registered colectNe membership mark which may be used on ty by members of :he NATIONAL ASSOCIATION OF REALTORS/0 who subscribe to its Code of Ethics. 01 Published and Distribried by REAL ES-ATE BJSINESS SERVICES. NC. a suesday cif Ma Caltroma Association/REAL TORS* 525 South Viroi Avert*, Los Angeles, Caftan 9)020 CO REVISED 11/10 (PAGE 1 OF 1) COUNTER OFFER (CO PAGE 1 OF 1) Reviewed by Date ct MA KINK COPOOTIPalY Agent: Robert Radcliffe Phone: Fax: 310.255.5455 Broker: Sotheby's International Realty 15308 W Sunset Blvd Pacific Palisades , CA 90272 Prepared using zipforing software EFTA01108351 DocuSign Envelope ID: CF3991B5-DDA8.46E5.BD3A-233EADCFD5B5 between DocuSign Envelope ID: 9664C1F2-E049-424D-9BF8-324E501D9OCE C A I. I F 0 R. N I A 4 COUNTER OFFER No. 4 A S .5 O C t A I I ON III For use by Seller or Buyer. May be used for Multiple Counter Offer, Iv OF RE A L l' 0 RS .4 (C.A.R. Form CO, Revised 11110) Date October 6. 2013 This is a counter offer to the:p California Residential Purchase Agreement. ®Counter Offer No., 3 Other ("Offer). dated September 3 , 2013 , on property known as 16490 El N: to Place Pacific Palisades, C4 90272 ("Property"), Thomas Nieman, Rosalind N. Nieman ( Buyer) and Barry Josephson ('Seller). 1. TERMS: The terms and conditions of the above referenced document are accepted subject to the following: A. Paragraphs in the Offer that require Initials by all parties, but are not initialed by all parties, are excluded from the final agreement unless specifically referenced for Inclusion In paragraph 1C of this or another Counter Offer. B. Unless otherwise agreed In writing, down payment and loan amount(s) will be adjusted in the same proportion as in the original Offer. C. OTHER TERMS: 1. The Purchase Price shall be $4,500 t000. 2.Buyers vesting to be Thomas Nieman S Rosalind N. Nieman or assignee 3.Paragraph 3D of the RPA shall be 30 days after Acceptance. 4.Offer is All Cash however Buyer may explore financing S Seller to cooperate if necessary 5.The COP shall be eliminated D. The following attached addenda are incorporated into this Counter Offer: O Addendum No. ❑ O 2. RIGHT TO ACCEPT OTHER OFFERS: If this is a Seller Counter Offer, (I) Seller has the right to continue to offer the Property for sale or for another transaction, and to accept any other offer at any time prior to Acceptance. as described in paragraph 3 and (o) Sisters acceptance of another offer prior to Buyer's Acceptance of this Counter Offer, shall revoke this Counter Offer. 3. EXPIRATION: This Counter Offer shall be deemed revoked and the deposits. if any. shall be returned unless this Counter Offer is signed by the Buyer or Seller to whom it Is sent and a Copy of the signed Counter Offer is personally received by the person making this Counter Offer or by Briar Pecsok . , who is authorized to receive 't. by 5D0 PM on the third Day Alter the later date specified in paragraph 5 or, (if checked) by October 7, 2013 (date), at 5 ❑ AM El PM. This Counter Offer may be executed in counterparts. 4. fl (ft checked:) MULTIPLE COUNTER OFFER: Seller Is making a Counter Offer(s) to another prospective buyer(s) on terms that may or may nol. be the same as in this Counter Offer. Acceptance of this Counter Offer by Buyer shall not be binding unless and until it Is subsequently re-Signed by Seller In paragraph 7 below and a Copy of the Counter Offer Signed in paragraph 7 is personally received by Buyer or by , who is authorized to receive it, by 5:00 PM on the third Day After the later date specified in paragraph 5 or, (If checked) by ID (date), at D AM OPM. Prior to the completion of all of these events, Buyer and Seller shall have no duties or obligations for the purchase or sale of the Property. NOTE TO SELLER:Sign and date in paragraph 5 to make this Counter Offer. 5- OFFER: BUYER OR Docuelema by: dirgahS THIS COUNTER OFFER ON THE TERRivpsy5flo ACKNOWLEDGES RECEIPT OF A COPY. (.®MAMA, Date oaten, 50702436CFE444C Date 10/6/2013 N. N.int. 6. A KffeetiMirostriareptalleiebove Counter Offer (If checked p SUBJECT TO THE ATTACHED COUNTER OFFER) and acknowledge receipt of a Copy. barn, 3,-ti, —29788BEF039FaT9 1. Date Date T me Time DAM OPM DAM OPM MULTIPLE COUNTER OFFER SIGNATURE LINE: By signing below, Seller accepts this Multiple Counter Offer. NOTE TO SELLER: Do NOT sign in this box until after Buyer signs in paragraph 6. (Paragraph 7 applies only if paragraph 4 is checked.) Date Time DAM DIM Date Time O AM am 8. I ) (Initials) Confirmation of Acceptance: A Copy of Signed Acceptance was personally received by the maker of the Counter Offer, or that person's authorized agent as specified in paragraph 3 (or, if this is a Multiple Counter Offer, the Buyer or Buyer's authorized agent as specified in paragraph 4) on (date) at O AM ❑PM A binding Agreement Is created when a Copy of Signed Acceptance is personally received by the the maker of the Counter Offer, or that person's authorized agent (or, If this is a Multiple Counter Offer, the Buyer or Buyers authorized agent) whether or not confirmed in this document. Completion of this confirmation is not legally required in order to create a binding Agreement; it is solely intended to evidence the date that Acceptance has occurred. The copyright laws of the United States (Tab 17 U.S. Code) forbid the unauthorized reproducton of this form, or any poison thereof, by photocopy machine cc any other means. inVudIng facsimile or computerized formats. Copyright 01988.2012, CALIFORNIA ASSOCIATION OF REALTORS®, INC. ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS® (C A R ) NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This form Is available for use by the ante* real estate industry. It is not intended to Identify the user as a REALTOR®. REALTOR® LS a registered 00Cadim meenterShip mark which may be used only by members or the NATIONAL ASSOCIATION OF REALTORS®who subscribe to Its Code of Ethics. Pirtished and °attired by: REAL ESTATE 61/SINESSSERMES.INC. esutriatsyWtbstailomieAssocAttentiREALIORSI 525 Sculh Vogl kat LOS Argil's. Callon® 90020 CO REVISED 11/10 (PAGE 1 OF 1) COUNTER OFFER (CO PAGE 1 OF 1) Reviewed by Date aI dee swims morrow Agent: Briar Pecsok Phone: (310)500-1319 Fax: Prepared using zipFormr9 software Broker: Partners Trust: Real Estate Brokerage 8 Acquisitions 11726 San Vicente Blvd Ste 350 Los Angeles, CA 90049 EFTA01108352 DocuSign Envelope ID. CF39918500A8-46E5-6D3A-233EAOCID585 DocuSign Envelope ID: 9664C I F2-E049-4240-9BF8-324ESDI D9OCE DecoSign Envelope O. 74ESECII3.14g0.43liF-9690-74348FOOFSAC ▪ ASSOC ATION COUNTER OFFER No. 3 For use by Seller or Buyer. May be used for WA:plc Counter Offer. • OF Il EAITO It S (CAR. Form CO, Revised 11(10) Dote September 30, 201$ this is a counter offer to Me: 0 Caelornla Resident'. Purchase Agreement [El Counter Offer No.. 2 0 Other ('oder). doted September 25, 2013 . on property known as 1649rEfilito Place Pacific Palisades, ('Property'), Thomas Nieman, Rosalind N Nieman rBuyet) and Berry slosephnnn (•Seller). i. TERMS: The lamp and concitions of the above referenced document are accepted subject to the following: A. Paragraphs In the Offer that require Initials by all parties, but are not initialed by all parties, are excluded from the final agreement unless speetelly referenced for inclusion in paragraph IC of this or another Counter Offer. B. Unless otherwise agreed in writing, down payment and loan amoungs) will be adjusted in the same proportion as in the original Offer. C. OTHER TERMS: 1, Purchase price to be $4,700,000 (Four Million Seven Hundred Thousand) between D. The following attached addenda an incorporated into this Counter Offer: O Addendum No. 0 2. RIGHT TO ACCEPT OTHER OFFERS: If this is a Seger Counter Otter, Id SOMr has the dots to continue to offer the Property for solo or for another IMFISACtiOn. and to accept any other offer el any time prior to Acceptance, as (Wombed El paragraph 3 and (1) Select acceptance of another offer prior le Buyer's Acceptance of INS Counter Oiler. shell revoke this Career Offer. 3. EXPIRATION: This Counter Otter Mal be deemed revoked and to deposits, t any, shall be returned unless this Counter Otter is signed by the Buyer or Seller to whom II Is sent and a Copy or the signed Counter Offer 4 personaly received by lee person making this Counter Offer or by who Is authorized to receive II, by 6:00 PM on the rhell Day Al! Jr ihe Isle:dale specified in paragraph 5 or. (if checked) by ❑ (date), al AM PM. This Counter Offer may be executed in counterplot. Fbe the same as In this Counter Offer. Acceptance of this Counter Otter by Buyer shall not be binding unless and until It Ls subsequently 4, (If checked:) MULTIPLE COUNTER OFFER: Seller Is making a Counter Offer(s) to another prospective buyer(S) on M. may or may re-Signed by Seller In paragraph 7 below and a Copy of the Counter Oiler Signed in paragraph 7 is personalty received by Buyer or by . yAse is authorized to receive ii, by 5.00 PM on the third Day After the later dale spedlled in paragraph 5 or. (ff checked) by 0 (date), at 0 AM 0 PM. Prior to the oompetion of el of these events, Buyer and Seller shall have no times or °begMims for the Nrchase ct etc of the Purger NOTE TO SELLER: Sign and date In parograph 5 to make this Counter Offer. E. OFFER: DpiatOR . S ER MAKES THIS COUNTER OFFER ON THE TERMSeAlyhtn ACKNOWLEDGES RECEIPT OF A COPY. Date Nan( Jag O.C. .1747omErais lm. 6. ACCEPTANCE: Counter Offer (If ch TO THE ATTACHED COUNTER OFFER) and ack-oweedge r4"°4941dt e' Tt...01103 MistatA. 10/6/2013 Time O AM OPM 50102424CIFeisE Gala10/6/ZOISe Time ONAORA Re • An . r . aim ---- ML SIGNATURE LINE: By signing below, Seller accepts Ihis Mul hole Counter Offer. NOTE TO SELLER: Do NOT sign in this box until after !Buyer signs In paragraph e (Paragraph 7 applies only if paragraph 4 la checked.) Date Tone DAM p.m Date Time 0AM OPM S. ( f )(iniffals) Confirmation of Acceptance: A Copy of Bred Accetyanix was personally received by the maker of the Counter Offer. or that person's authorized agent as specified in paragraph 3 (or, if this is a Mulip'e Counter Offer. The Bayer or Buyer's authorized Agent as speared In paragraph 4) on (dale) al _ 0 AM 0 PM. A binding Agreement is crested when a Copy of Signed Acceptance is personally received by the the maker of the Counter Offer, or that person's Authorized agent (or, If this le a Multiple Counter Offer, the Buyer or Buyer's Authorized agent) whether or nor confirmed in this document. Completion of this confirmation is not legally required in order to create a binding Agreement; it is solely intended to evidence the date that Acceptance has occurred. The cosyrieN laws of Me Urged Stale. (TIN 17 U.S. COX) IOM EI me unauthorized reproduce:no( this form, or dray Easteen thereof. by pholccoor rrerhee oil. elhe' mean. inctanna fecenas or rempulenzed lamas. Copy...NO 15.3-2012. CALIFORNIA ASSOCIATION OF REN_TORSO. INC. ALL RIGHTS RESERVED. THIS FORM PAS BEEN APPROVED BY THE CALFOnNIA ASSOCIATION OF REALTORS. (C.AR ) NO REPRESENTATION IS MACE AS TO TIME LEGAL VALCIlt CR ADEQUACY OF ANY PROVISION in ANY SPECIFIC TRANSACTION. A Rem ESTATE SMOKER IS THE PERSON QUALIFIED TO AIWISE ON REAL ESTATE TRANSACTIONS. IF YOU OESIRE LEGAL OR TAX ADVICE. CONSULT AN APPROPRIATE PROFESSIONAL. It.. form is available ifli use hy rho entire reel estate IsevsYy. I: is no( it-tended lo Identify the user ea a REALTOR*. REALTORS Is a regainin() <cassava me (ntanhe ma'swhich may be used only by members of he! MAUL/NAL ASSOCIATION OF REALTORS.* who outcome. As Coos of Ethics. illr Mew aid Wet.. try. s REAL ESTATE MISES} SERVCES IC • sseskiwieine [Rivera AsvocereneRflagM9 • 5.25Seinbiel Averuclos Moot Celan° 9NCO CO REVISED 11/10 (PAGE 1 OF 1) COUNTER OFFER (CO PAGE 1 OF 1) Roomed by Date fAgent: Robert Radcliffe Broker. Sotheby's International Realty 15308 W Sunset Blvd Phone: 310.255.5454 Fax: 310.255.6455 Pacific Palisades . CA 10272 cr tIkkee MIT Prepared using sieForm. software EFTA01108353 between DocuSign Envelope ID: CP399185 DOA& 46E5 BD3A 233EAOCID585 Envelope ID; 210EA4ED-A4FE-4E5F43729-112F422F75B9 CALIFORNIA ASSOCIATION COUNTER OFFER No. 2 se, For use by Seiler or Buyer. May be used for 'Multiple Counter Offer. OF REA LTORS' (CAR. Form CO, Revised 11/10) Dale September 25, 2013 This is a counter offer to the. O California Residential Purchase Agreement, a Counter Offer No., Other Coffer"), dated , on property known as 16490 El (Zito Place Pacific Palisades, CA 90272 ('Property'), Thomas Nieman, Posaland M. Nieman ("Buyer? and Barry Josephson ("Seller). I. TERMS: The terms and conditions of the above referenced document are accepted subject to the following: A. Paragraphs in the Offer that require Initials by all parties, but are not initialed by all parties, are excluded from the final agreement unless specifically referenced for inclusion in paragraph 1C of this or another Counter Offer. B. Unless otherwise agreed In writing, down payment and loan amount(s) will be adjusted in the same proportion as in the original Offer. C. OTHER TERMS: 1. Purchase Price shall be 154,400,000 (four million four hundred thousand) 2. Paragraph 14 of 17.PA shall be: 17 days 3. Paragraph A(6) (a) shall be: 5 days vs 3 days 4. Paragraph A(6) (b) of the COP shall be: 17 days D. The following attached addenda are incorporated into this Counter Offer: O Addendum No. ❑ ❑ 2. RIGHT TO ACCEPT OTHER OFFERS: If this IS a Seller Counter Offer, (i) Seller has the right to continue to offer the Property for sale or for another transaction, and to accept any other offer al any time prior to Acceptance, as desatbed In paragraph 3 and (a) Seller's acceptance of another offer prior to Buyers Acceptance of this Counter Offer, shall revoke this Counter Offer. 3. EXPIRATION: This Counter Offer shall be deemed revoked and the deposits, if any, shall be returned unless this Counter Offer is signed by the Buyer or Seller to whom it is sent and a Copy of the signed Counter Offer Is personally received by the person making this Counter Offer or by Briar Pecsok who is authorized to receive it. by 5:00 PM on the third Day After the later date specified in paragraph 5 or, Of checked) by Et September 26, 2013 (date), et 5: 00 O AM El PM. This Counter Offer may be executed in counterparts. 4. (If checked:) MULTIPLE COUNTER OFFER: Soler is making a Counter (Mega) to another prospective buyer(s) on terms that may or may no be the same as in this Counter Offer. Acceptance of this Counter Offer by Buyer shall not be binding unless and until it is subsequently re-Signed by Seller in paragraph 7 below and a Copy of the Counter Offer Signed in paragraph 7 is personally received by Buyer or by , who is authorized to receive it, by 5:00 PM on the third Day After the later date specified in paragraph 5 or, (If checked) by ❑ (date), at O AM OPM. Prior to the completion of aft of these events, Buyer and Seller shall have no duties or obligations for the purchase or sale of the Property. NOTE TO SELLER: Sign and date in paragraph 6 to make this Counter Offer. 6. OFFER: El BUYER ,--...nneletletridad by- JI. NS mar MU:sledif WS 6. rteaFFFRINCEWNE-asespjattibove Counter Offer (If checked El SUBJECT TO THE ATTACHED COUNTER OFFER) and acknowledge receipt of a Copy t5aryti hostrubtkeMAKES THIS COUNTER OFFER ON THE TERMS ABOVE AND ACKNOWLEDGES RECEIPT OF A COPY. sA14 Date 09/25/2023 Date 09/25/2023 7. --7UfrifSeasD3SFsrg Date Date Time Time DAM Dam OA" OPkI MULTIPLE COUNTER OFFER SIGNATURE LINE: By signing below, Seller accepts this Multiple Counter Offer. NOTE TO SELLER: Do NOT sign in this box until alter Buyer signs in paragraph 6. (Paragraph 7 applies only If paragraph 4 is checked.) Date Time DAM ar, Date Time 0 Am afii 8. ) (Initials) Confirmation of Acceptance: A Copy of Signed Acceptance was personally received by the maker of the Counter Offer, or that person's authorized agent as specified in paragraph 3 (or, If this is a Multiple Counter Offer, the Buyer or Buyer's authorized agent as specified in paragraph 4) on (dates at OAMID PM. A binding Agreement Is created when a Copy of Signed Acceptance is personally received by the the maker of the Counter Offer, or that person's authorized agent (or. If this is a Multiple Counter Offer, the Buyer or Buyer's authorized agent) whether or not confirmed in this document. Completion of this confirmation is not legally required in order to create a binding Agreement: it is solely intended to evidence the date that Acceptance has occurred. The oopyrighl t,ws el the United Stales (Tile 17 U.S. Coen') forbid the unauthorized reproduction of this form, of any porton thereof, by photocopy machine or any other means, including facsimile or computoracd knnets. Copyright 01986-2012, CALIFORNIA ASSOCIATION OF REALTORS& INC. ALL RIGHTS RESERVED. THIS FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REALTORS& (CAR.). NO REPRESENTATION IS MADE AS TO 111E LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON OuAliFICD TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL. This men is avertible for use by the eniko foal estate indwAy. II is not Intended to Idonlify the user as a REALTORS. REALTORS is a registered colledive membership mark which Indy bo used only by members of the NATIONAL ASSOCIATION OF REALTORS0 eke subscribe to is Code of Ethics. 0 • Riiiiliee frdOistitured by REAL ESTATE BUSINESS SERVICES, TIC a subaLleyouno Cafes i a • Associekn ol REAL TORS* ' 525 Sash Viral Arena. Los Mgt Callornis9CO20 CO REVISED 11/10 (PAGE 1 OF 1) COUNTER OFFER (CO PAGE 1 OF 1) Ireview4d by Date Etas rOsid Agent Briar Pecsok Phone: (310)500-1319 Fax: Prepared using zipFomAD software Broker: Partners Trust: Real Estate Brokerage & Acquisitions 11726 San Vicente Blvd Ste 350 Los Angeles. CA 90049 EFTA01108354 DocuSign Envelope ID: CF399185-DOA8-46E5-BD3A-233EA0CIDS85 DccuSign Envelope ID: 210EAdEO-A4FE-4E5F-8729-112F422F75B9 Ems* co: E37=300323-4FA0-869947CFGECI39A6 CALIFORNIA ASSOCIATION COUNTER OFFER No.1 For use by Seller or Buyer. May M Used I orb ultiple Counter Offer. lip OF REA LTO RS' (CA.R. Form CO, Revised 11/10) Dale September 24, 2013 This is a counter crier lodes:El CalAwnia Residential Purchase Agreement, 0 Counter Offer No, Other (*Offer). aced September 22, 2013 on property known as 164977filitio Plan Pacific Palisades, rPropeon Thin rfithor) and between Barry Josephson rSollor). 1. TERMS: The leans and conditions of Inc above referenced document are accepted subject to the following: A. Paragraphs In the Offer that require initials by ail parties, but are not initialed by all parties, ere excluded free, the final agreement unless specifically referenced for inclusion In paragraph IC of this or another Counter Offer. B. Unless otherwise agreed in writing, down payment and loan amount(s) will be adjusted in the same proportion as In the original Offer. C. OTHER TERMS: 1, Purchase price to be $4,800,000 (Four HillAgn Bight H drat, Thousand) y. Escrow to be Sterling West Escrow - Debbie Brady Johnson 1 Paragraph 14 of purchase agreement to rnatt • 14 days vs 21 days 4. Paragraph At6I flol to be 7 days vs 17 days D. T0he following attached addenda are incerporated Into this Counter Offer: O Addendum No. 2. RIGHT TO ACCEPT OTHER OFFERS: ff tNs is a Seller Counter Offer. ()Sella has the right le catinue to otter the Properly for sale or for onager transaction, and to accept any otter offer at any time prior to Acceptance, as described in paragraph 3 end (t) Sellers EteptersCe Of another offer prior lo Buyers Acceptance of this Counter Offer, shall revoke this Counter Offer. 3. EXPIRATION: This Counter Offer shell be deemed revoked and the deposits, if any, shall be returned unless this Counter Offer la signed by the Buyer or Seller to whom It is sent and a Copy of the signed Counter Offer la personally received by me person making Ns Counter Oiler or by , who is authorized to WON (dale), al 4. Il by 5:00 PM on the third Day Allot the later date specified in paragraph 5 or (if CheCked) by 0 0 AM 0 PM. This Counter Offer may be executed In counterparts. n (lf chocked:I MULTIPLE COUNTER OFFER: Seller is making a Counter Offer(S) to another prospective buyer(s) on terms Mat may or may arw bur ma same as in this Counter Offer. Acceptance of this Cotter Oiler by Buyer SW not be binding unless and vat It is sobesloeflEY re-Signed by Seller In paragraph 7 below and a Copy of the Counter Offer Signed in paragraph 7 is personally received by Buyer a by , who is authorized to receive IL by 5:00 PM on the third Day Mier the later data WeolSed in paragraph 5 Or, (If Checked) by 0 (date), at D AM OPM. Prior to the completion of et of these events, Buyer and Seller shall tune no duties or obEgatlons for the purchase or sale of the Property. NOTE TO SELLER: Sign and date In paragraph 5 to make this Counter Offer. S. OFFER: L egg gLLER RAKES THIS COUNTER OFFER ON THE TERMS ABOVE AND ACKNOWLEDGES RECOPY OF ACOPY. Date 9/24/2013 Barry Jannis, on .....—.2oraterroAnts 6. ACCEPTANCE: atiffPlag Counter Offer Of check o1 S receipt of a Copy. MtAtUA, 9/25/2013 JECf TO THE ATTACHED COUNTER OFFER) and acknowledge c--00cuSltned by. Time El AM OPM 'Mina ease 9/15/1013 tree °MONA 7. `—eite. LECCUSTER OFFER SIGNATURE LINE: By signing below, Sailer accepts tone Multiple Counter Offer. NOTE TO SELLER: Do NOT sign In this box until after Buyer signs In paragraph 6. (Paragraph 7 applies only If paragraph 415 checked.) Time OPJAOPM Date Date Time DAM L. a. ) (Initials) Confirmation of Acceptance: A COPY of Signed Acceptance was personally received by the maker of the Counter Offer, or that person's authorized agent as specified in paragraph 3 (or, t this le a Multiple Counter Offer. the Buyer or Buyer's authorized agent as specified In paragraph 4) on (dale) at ❑ Ml 0 PM. A binding Agreement la created when a Copy of Signed Acceptance Is personally received by the the maker of the Counter Offer, or that person's authorized agent (or, If this Ise Multiple Counter Offer, the Buyer or Buyer. inhorized agent) whether or not confirmed In this document. Completion of this confirmation It not legally required In order to create a binding Agreement; It is solely Intended to evidence the date that Acceptance has occurred. Ire oapynovrt len of the OSHA Striae (Tale 17 U.S. Code) forbid the unauthorized NproopcliCa d the form or any portion therm!, bypholorpsy_therffne WV ether mama Inducting fersONIo or compuultUed 'penult C-000101l 019EO-2012, CALIFORNIA ASSOCIATION OF REALTORBEL NC. AU. RIGHTS RESERVED. TH 5 FORM I IAS BEEN APPROVED BY THE CALFORNIA ASSOCIATION OF FtEALTORSO (C.A.R.I. NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ADEOVACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACT ORS. IF YOU DESIRE LEGAL OR TAY ADVICE. CONSV-T AN APPROPRIATE PROFESSIONAL. I)e form it evelleek for by W. crave real mum Indalry. It Is not Intended to Wanly the user es a REALTORS. REALTORS is a nealuerea COEIGN• menvaerth.p mark wield may be used any by members of Me NATIONAL ASSOCIATION OF REALTORS'Swho utecnbe bas Code of Eltike IllAhrtheorndeftlekvIedfft REAL ESTATE EASINESS SERVICES RC. a “Oulay of the CoAVIOAuxia ,A ',MEAL TORSO NTSSHAW4Anwe. La ArKeN CAN* SCC20 CO REVISED 11/10 (PAGE 1 OF 1) COUNTER OFFER (CO PAGE 1 OF 1) Reviewed by OeW Agent: Robert Radcliffe Phone: 310.255.6454 Fax:310.256.6456 Broker: Sotheby's inhumations' Realty 15305W Sunset Blvd Pacific Palisades CA 00272 Prepared using zlpForrnS software EFTA01108355 DocuSign Envelope ID: CF3991B5-DDA8.46E5.BD3A-233EACCFD585 CALIFORNIA CONTINGENCY FOR SALE OR PURCHASE ASSOCIATION OF OTHER PROPERTY OF REA ITORS' (CA.Ft. Forrn COP, Revised WM) This is an addendum to the QD California Residential Purchase Agreement. 9 Counter Offer. 0 Other ("Agreement"), dated September 22, 2013 on property known as 16190 El law Place, Pacific Palisades, CAI 90272 ('Sellers Property), between Thaws Meaty, Rosalind x. Mean, ("Buyer) and Earn' Josephson A. azi (If checked) SALE OF BUYER'S PROPERTY: 1. (a) The Agreement is contingent on the close of escrow of Buyers property, described as: .W7 let anJvntn. Pani fir Palisades. Cl 90272 ('Buyers Property"). (b) If Buyer's Property does not dose escrow by the earliest of: (I) the scheduled close of escrow of Sellers Property; (II) the date specified in paragraph A3; or (ill) Other 0 then either Seller, after first giving Buyer a Notice to Buyer to Perform (CAR. Form NBP), or Buyer may cancel the Agreement in writing. 2. LE (If checked) Buyers Property is not now in escrow and (check boxes as applicable): (a) fa is not yet listed for sale. (b) O is listed for sale with company and is offered for sale in the MLS # (c) Buyer shall, within 17 (or 2) 30 , ) Days After Acceptance, provide Seller with Copies of the contract, escrow instructions and all related documents ('Escrow Evidence') for the sale of Buyers Property showing that Buyers Property has entered escrow. 3. 0 (If checked) Buyer's Property Is in escrow with escrow holder, (escrow # ) scheduled to dose escrow on (date). Buyer shaft, within 6 Days Atter Acceptance. deliver to Softer Escrow Evidence that Buyer's Property Is in escrow. 4. If Buyer fails to provide to Seller Escrow Evidence within the time specified in A2(c) or A3. Seller, after first giving Buyer a Notice to Buyer to Perform, may cancel the Agreement in writing. 5. If Buyer's Property is in or enters escrow. Buyer shall give Seller written notice if either party to that escrow gives notice to the other of intent to canceL If such notice is given prior to Buyers removal of the contingency for sale of Buyers Property, either Buyer or Seller may cancel the Agreement in writing. However, if such notice is given after Buyer has removed the contingency for sale of Buyer's Property only Seller shall have the option to cancel the Agreement under this paragraph, which cancellation must be in writing. 6. After Acceptance, Seller shall have the right to continue to offer Sellers Property for sale for Back-up Offers. If Seller accepts a written bath-up otter. (a) Immediate Right to Notify Buyer to Remove Sale of Property Contingency: Seller shall have the right to immediately give written notice to Buyer to, in writing: (I) remove this contingency; (Ii) remove the loan contingency, If any; (Iii) provide verification of sufficient funds to close escrow without the sale of Buyer's Property; end (iv) comply with the following additional requirement(s): If Buyer fails to complete These actions within is (or (3 uays after receipt of such notice, sever may then immediately cancel the Agreement in writing. OR (b) El (If checked) Delayed Right to Notify Buyer: Seller shall not invoke the notice provisions in paragraph A8(a): (I) within the first 17 (or 0 ) Days After Acceptance; or (II) (if checked) EC during the term of the Agreement B. ❑ (If checked) SELLER'S PURCHASE OF REPLACEMENT PROPERTY: 1. The Agreement Is contingent on Seller entering a contract to acquire replacement property. 2. Seller shall, within 17 (or 0 ) Days After Acceptance, remove this contingency or cancel the Agreement. If Sailor does not remove this contingency in writing within that time, Buyer, after giving Seller a Notice to Seller to Perform (CAR. Form NSP), may cancel the Agreement in writing. 3. (a) Time periods in the Agreement for inspections, contingencies, covenants and other obligations shall begin: (i) as specified in the Agreement (I) (if checked) L3 the day after Seller delivers to Buyer a written notice removing this contingency; or (III) (if checked) ❑ Other (b) Buyer and Seller agree that Seller may, by providing Buyer written notice at the time Seller removes this contingency, extend the Close Of Escrow date for a maximum of additional Days or until 9 (date). 4. Even after the expiration of the time specified in 82, Seller retains, until Buyer cancels pursuant to B2, the right to remove in writing this contingency or cancel the Agreement. Once Buyer receives Seller's written removal of this contingency, Buyer may not cancel pursuant to B2. By signing below, Date Buyer X Seller • JcIffeatfflassan Buyer X Seller Ross iVaeman The oopyrCht laws of Iho Untied Slaws (TITLE 17 U.S. Code) Sorbed the reprodudion of this form by any means. Mduding facsimile or comfaAraired formals. Copyright 0 2006-2012, CALIFORNIA ASSOCIATION OF REALTORS. Inc. Al Rights Reserved. TIC FORM HAS BEEN APPROVED BY THE CALIFORNIA ASSOCIATION OF REAI_TORSO (C A.R). NO REPRESENTATION IS MACE M TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION IN ANY SPECIFIC TRANSACTION. A REAL ESTATE BROKER IS THE PERSON QUALIFIED TO ADVISE ON REAL ESTATE TRANSACTIONS. IF YOU DESIRE LEGAL OR TAX ADVCE, CONSULT AN APPROPRIATE PROFESSIONAL. bra na is available for use by the entire real estate Mduatiy. Is not Wake io the user as a REALTORS. REALTORS Is a repldered colledIve members,* murk which may be used only by members of the NATIONAL ASSOCIATION OF REALTORS. who subscrass to as Code of Ethics. IL Ablated en0Disituled bs REAL ESTATE BUSINESS SERVICES. RC c subsifaryollhe Celia b Atoxitta, &REALMS* Reviewed by IDA pavke Otetliwt, • 525 SastiVegt Ream, toe Aueles Calb-tis COP 11/12 (PAGE 1 OF 1) CONTINGENCY FOR SALE OR PURCHASE OF OTHER PROPERTY (COP PAGE 1 OF 1) Agent: Briar Pecsok Phone: (310)500.1319 Fax: Prepared using zipForml9 software Broker. Partners Trust: Real Estate Brokerage & Acquisitions 11726 San Vicente Blvd Ste 360 Los Angeles, CA 90049 au" oyes and Seller each acknowledge that they have lead, understand, accept and have received a copy of this Addendum. 471 7.tr5 Date oecusignee by: 224ten JOStrLSObt• EFTA01108356 DoteSign Envelope ID: CF39918500A8-46E513D3A 233EAOCFD585 4414 CALIFORNIA aASSOCIATION OF REA LTOR.S eCALIFORNIA RESIDENTIAL PURCHASE AGREEMENT AND JOINT ESCROW INSTRUCTIONS For Use With Single Family Residential Property —Attached or Detached (C.A.R. Form RPA-CA, Revised 4/13) Date September 22, 2013 1. OFFER: A. THIS IS AN OFFER FROM Thomas Nieman, Rosalind N. Nieman ("Buyer). B. THE REAL PROPERTY TO BE ACQUIRED Is described as 16490 El !Zito Place. Pacific Palisades CA 90272 , Assessors Parcel No. 4420-017-0 ,0 situated in Pacific Palisades , County of Los Angeles . California, ("Property"). C. THE PURCHASE PRICE offered is Pour JCIZ ton, Three Hundred Thousand Dolars$ 4.300,000,00 D. CLOSE OF ESCROW shall occur on (date) (or m sag • Days After Acceptance)* 2. AGENCY:*" 44‘...„frette..,Vitni , j,k.sp r tovisThyp., %Area eiractsc-tiev‘ ristl'inmic asysiusg_ ii3or A. DISCLOSURE .% r ancrtMr gkivkaa r dFs "Disclosure Regarding Real Estate Agency Relationships" (CAR. Form AD). B. POTENTIALLY COMPETING BUYERS AND SELLERS: Buyer and Seller each acknowledge receipt of a disclosure of the posSiblity of multiple representation by the Broker representing that principal. This disclosure may be part of a listing agreement, buyer representation agreement or separate document (CAR. Form DA). Buyer understands that Broker representing Buyer may also represent other potential buyers, who may consider, make offers on or ultimately acquire the Property. Seller understands that Broker representing Seiler nay also represent other sellers with competing properties of interest to this Buyer. C. CONFIRMATION: The following agency relationships are hereby confirmed for this transaction: Listing Agent Sotheby's International Realty (Print Firm Name) is the agent of (check one): gi the Seller exclusively, or O both the Buyer and Seder. Selling Agent Partners Trust (Print Firm Name) (If not the same as the Listing Agent) is the agent of (check one): al the Buyer exclusively; or 0 the Seller exclusively; or O both the Buyer and Seller. Real Estate Brokers are not parties to the Agreement between Buyer and Seller. 3. FINANCE TERMS: Buyer represents that funds will be good when deposited with Escrow Holder. A. INITIAL DEPOSIT: Deposit shall be in the amount of 122,000 00 (1) Buyer shall deliver deposit directly to Escrow Holder by personal check, electonk funds transfer, 0 other within 3 business days after acceptance (or O Other ); OR (2) (If checked) Buyer has given the deposit by personal check (or to the agent submitting the offer (or to Q 1. made payable to . The deposit shall oe held uncashed until Acceptance and then deposited with Escrow Holder (or O Into Brokers trust account) within 3 business days after Acceptance (or Other )i B. INCREASED DEPOSIT: Buyer shell deposit with Escrow Holder an increased deposit In the amount of within Days After Acceptance, or It a liquidated damages clause Is Incorporated into this Agreement. Buyer and Seller shall sign a separate liquidated damages clause (C.A.R. Form RID) for any Increased deposit at the time It is Delvered. C. LOAN(S): (1) FIRST LOAN: In the amount of S 2, 580,000 00 This loan will be conventional financing or, If checked, ['FHA. OVA, OSerier (CAR. Form SFA), assumed financing (CAR. Form PRA). O Other Thls ken shall be ate Ned rate not to exceed 5.500 %or, man adjustaUe rate loan with initial rate not to exceed 4.500 96. Regardless of the type of loan, Buyer shall pay points not to exceed % of the loan amount. (2) O SECOND LOAN: kr the amount of This loan will be conventional financing or, it checked, ['Seller (CAR. Form SFA), O assumed financing (CAR. Form PM). ['Other This loan shall be at a rued rate not to exceed % or. an adjustable rate loan with Initial rate not to exceed %. Regardless of the type of loan, Buyer shall pay points not to exceed % of the loan amount. (3) FHANA: For any FHA or VA loan specified above, Buyer has 17 (or O ) Days After Acceptance to Delver to Seller written notice (CAR. Form FVA) of any lender-required repairs or costs that Buyer requests Seller to pay for or othenete 0311001. Setter has no obligation to pay or satisfy tender requirements unless otherwise agreed in writing. D. ADDITIONAL FINANCING TERMS: E. BALANCE OF DOWN PAYMENT OR PURCHASE PRICE In the amount of 1.591. 000 00 to be deposited with Escrow Holder within sufficient time to close escrow. FF. PURCHASE PRICE (TOTAL) Dos 4. 300. 000. 00 lnaieh uyers ( X )(X 02013. Callornia Autealosol REALT0RS*. Inc RPA-CA REVISED 4113 (PAGE 1 OF 8) Steers WSW% ( 15.3 Int (DS KM.: 0140.1unir Reviewed by Darn CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA-CA PAGE 1 OF 8) Agent: Mier Pecsok Phone: (310)500.1319 Fax: Prepared using zipForme software Broker: Partners Trust: Real Estate Brokerage & Acquisitions 11726 San Vicente Blvd St* 360 Los Angeles. CA 80049 EFTA01108357 DocuSign Envelope ID: CF399185-D0A8-46ES-BD3A-233EAOCID585 16490 El Hito Place Property Address: Pacific Palisades, C4 90272 Date: September 22, 2013 G. VERIFICATION OF DOWN PAYMENT AND CLOSING COSTS: Buyer (or Buyers lender or loan broker pursuant to 3H(1) shall, within 7 (or a(' 2 ) Days After Acceptance. Deliver to Seller written verification of Buyers down payment and dosing costs. (If checked, O verification attached.) H. LOAN TERMS: (1) LOAN APPLICATIONS: Wthin 7 (or El ) Days After Acceptance, Buyer shall Deliver to Seller a leder from lender or loan broker stating that, based on a review of Buyers written application and credit report Buyer is prequalified or preapproved for any NEW loan specified in 3C above. (If checked, ['letter attached.) (2) LOAN CONTINGENCY: Buyer shall act dlUgently and in good faith to obtain the designated loan(s). Obtaining the toe(*) specified above is a contingency of this Agreement unless otherwise agreed in writing. Buyers contractual obligations to obtain and provide deposit, balance of dovm payment and easing costs are not contingencies of this Agreement. (3) LOAN CONTINGENCY REMOVAL: (1) Whin 17 (or al SI ) Days After Acceptance, Buyer shall, as specified in paragraph 14, In writing remove the loan contingency or cancel this Agreement OR (il) (If checked) O the loan contingency shall remain in effect until the designated loans are funded. (4) ONO LOAN CONTINGENCY (ft checked): Obtaining any loan specified above is NOT a contingency of this Agreement. If Buyer does not obtain the loan and as a result Buyer does not purchase the Property, Seller may be entitled to Buyers deposit or other legal remedies. I. APPRAISAL CONTINGENCY AND REMOVAL: This Agreement is (or, if chested, Ells NOT) contingent upon a written appraisal of the Property by a licensed or certified appraiser at no less than the specified purchase price. If there is a loan contingency. Buyers removal of the loan contingency shall be deemed removal of this appraisal contingency (or, la If checked, Buyer shall, as specified in paragraph I4B(3), In wnling remove the appraisal contingency or camel this Agreement within 17 (at 22 ) Days After Acceptance). If there is no ban contingency, Buyer shall, as specified in paragraph 148(3), In writing remove the appraisal contingency or cancel this Agreement within 17 (or ) Days After Acceptance. J. O ALL CASH OFFER (If checked): Buyer shall, within 7 (or O ) Days After Acceptance, Deliver to Seller written verification of sufficient funds to close this transaction. (If checked, Elverification attached.) K. BUYER STATED FINANCING: Seller has relied on Buyers representation of the type of fmancing specified (Including but not limited to, as applicable. amount of down payment, contingent or non contingent loan, w all cash). II Buyer seeks alternate financing. (i) Seller has no obligation to cooperate with Buyers efforts to obtain such financing, and (li) Buyer shall also pursue the financing method specified in this Agreement. Buyers talkie to secure alternate financing does not excuse Buyer from the obligation to purchase the Property and dose escrow as specified In this Agreement. 4. ALLOCATION OF COSTS (If checked): Unless otherwise specified here, in writing, this paragraph only determines who is to pay for the inspection, test or service ('Report) mentioned; it does not determine who Is to pay for any work recommended or identified In the Report. A. INSPECTIONS AND REPORTS: (1) O Buyer 2g Seller shall pay for an Inspection and report for wood destroying pests and organisms ('Wood Pest Repor prepared by •101/ mutually aoreed upon comPanY a registered structural pest control company. (2) O Buyer al Seller shall pay to have septic or private sewage disposal systems Inspected if applicable (3) °Buyer Seller shall pay to have domestic wells tested to water potabany and producOvly j f sopLicable (4) O Buyer al Seller shall pay for a natural hazard zone disclosure report prepared by Prop ID IV Clue (6) O Buyer al Seller shall pay for the following Inspection or report clue v/in 2 days (6) O Buyer al Seller shall pay for the following Inspection or report Qt tv Report v/in 2 days B. GOVERNMENT REQUIREMENTS AND RETROFIT: (1) O Buyer 20 Seller shall pay for smoke detector installation andror water heater bracing, If required by Law. Prior to Close Of Escrow, Seller shall provide Buyer written statements) of compliance In accordance with state and local Law, unless exempt. (2) 0 Buyer al Seller shall pay the cost of compliance with any other minimum mandatory government retrofit standards, inspections and reports If required as a condition of closing escrow wider any Law. like for like if applicable C. ESCROW AND TITLE: (1) ei Buyer co Seller shall pay escrow fee '10/901 sal Escrow Holder shall be any mutually aarPPei upon crtimanv (2) O Buyer al Seller shall pay for owner's fele insurance policy specified in paragraph 12E Owners title policy to be Issued by Chi case Tit re-Michael McKeon (Buyer shall pay for any tide Insurance policy insuring Buyers lender, unless otherwise agreed in writing.) D. OTHER COSTS: (1) O Buyer al Seller shall pay County transfer tax or fee (2) O Buyer gi Seller shall pay City transfer tax or fee (3) O Buyer Seller shall pay Homeovmer's Association (110A1 transfer fee if applicable (4) O Buyer Seller shall pay HOA document preparation fees if applicable (6) 0 Buyer 2ig Seller shall pay for any private transfer fee i e ann) i rahle (6) O Buyer 20 Seller shall pay the cost, not to exceed $ 900.00 Issued by First American Home-Mary Stu Ervan I32 Air Conditioner la Pool/Spa Ea Codo and Permit upgrade O Other Buyer is informed that home wamarty plans have many optional coverages In addition to those listed above. Buyer is advised to investigate these coverages to determine those that may be suitable for Buyer. (7) O Buyer O Sever shall pay for (8) 0 Buyer 0 Seller shall pay for , of a one-year home warranty plan, with the following optional coverages: Buyer's Initiate (X )(X ) RPA.CA REVISED 4113 (PAGE 2 OF 8) CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (RPA -CA PAGE 2 OF 8) States tnibais rt53 )( Reviewed by Dale 'WO' El Ilido-Nietelet EFTA01108358 _DocuSign Envelope ID: CF3991B5-DDA8-46E5-BD3A-233EAOCF0585 16490 S.Z Rito Playas Property Address: Pacific Palisades, CA 90272 Date: September 22, 2013 5. CLOSING AND POSSESSION: A. Buyer Intends (or DI does not intend) to occupy the Property as Buyer's primary residence. B. Seller-occupied or vacant property: Possession shall be delivered to Buyer at 5 PM or ( 9 AM El PM) on the date of Close Of Escrow; el on on recording : or Ono later than Days After Close Of Escrow. If transfer of title and possession do not occur at the same time, Buyer and Seller are advised to: (i) enierrr eritten occupancy agreement (C.A.R. Form PAA. paragraph 2): and (ii) consult with their insurance and legal advisors. C. Tenant-occupied property: (t) Property shall be vacant at least 6 (or n ) Days Pam to Close Of Escrow, unless otherwise agreed in writing. Note to Seller: If you are unable to deliver Property vacant -Ft ae with rent control and other applicable Law, you may be In breach of this Agreement. OR (II) (if checked) 9 Tenant to remain in possession. (CAR. Form PAA, paragraph 3) D. At Close Of Escrow, (I) Seller assigns to Buyer any assignable warranty rights for Items Included in the sale, and (II) Seller shall Deliver to Buyer available Copies of warranties. Brokers cannot and WIN not determine the assigna belly of any warranties. E. At Close Of Escrow, unless otherwise agreed in writing. Seller shall provide keys and/or means to operate all locks, mailboxes, security systems, alarms and garage door openers. If Property is a condominium or located in a common Interest subdivision, Buyer may be required to pay a deposit to the Homeowners' Association ('HOA') to obtain keys to accessible HOA facilities. 8. STATUTORY DISCLOSURES (INCLUDING LEAD-BASED PAINT HAZARD DISCLOSURES) AND CANCELLATION RIGHTS: A. (1) Seller shall, within the time specified in paragraph 14A, Deliver to Buyer, if required by Law: (I) Federal Lead-Based Paint Disclosures (CAR. Form FLD) and pamphlet (lead Disclosures"); and (II) disclosures or notices required by sections 1102 et. seq. and 1103 et. seq. of the Civil Code (Statutory Disclosuresl. Statutory Disclosures include, but are not limited to, a Real Estate Transfer Disclosure Statement (-TDS"). Natural Hazard Disclosure Statement (NHD"), notice or actual knowledge of release of Illegal controlled substance, notice of special tax and/or assessments (or, if allowed, substantially equivalent notice regarding the Mello-Roos Community Facilities Act and Improvement Bond Act of 1915) and, if Seller has actual knowledge, of industrial use and military ordnance location (CAR. Form SPO or SSD). (2) Buyer shall, within the time specified in paragraph 148(1), return Signed Copies of the Statutory and Lead Disclosures to Seller. (3) in the event Seller, prior to Close Of Escrow, becomes aware of adverse conditions materially affecting the Property, or any material inaccuracy in di