SUBDIVIþsSIONþsS TIME-SHARE PLAN þNN AMEPRELIMINARY/ þII N þtT ERIM PUBLIC þRR E þpP OR þtT þEE X þpP IRA þtT ION DA þtT E þC C OUN þtT Y þ S þtT A þtT E Developer hereby represents that all purchase money deposits received from potential buyers in connection with the taking of reservations for time-share interests under authority of a preliminary/interim public report for the above-named time-share plan will be immediately placed into the below-named neutral escrow depository: þEsES CROW þNN AMES þtT REE þtT þAddADD RE þssSS (DO NO þtT LI þstST PO þstST þOO FFICE BOX.) þCC I þtT Y þ S þtT A þtT E þ ZI þpP CO þdD E þ TELE þpP HONE þNN UMBER þ ( þ ) 1. þ Escrow depository accepts and will hold deposit funds in escrow for those potential buyers who have made deposits, subject to the right of each potential buyer to receive back the full amount that he or she has deposited under a reservation instrument, at any time. The escrow depository shall return the deposit plus any accrued interest to the potential buyer, without deduction except as provided in (2), below, within two business days after written demand therefor from either the developer or the potential buyer. If the developer returns the amount of the deposit directly to the potential buyer, the potential buyer shall direct the escrow depository, in writing, to return the deposit held in escrow to the developer, and shall assign to the developer all rights and claims to the deposit. In such event, the escrow depository shall pay the deposit plus any accrued interest to the developer, without deduction except as provided in (2), below, within two business days after written demand therefor from the developer accompanied by the assignment from the potential buyer.2. þ Escrow depository further agrees that it will place deposits into interest bearing accounts in accordance with the instructions of potential buyer and that it will pay to potential buyer, or credit to potential buyer222s account, all interest earned on the deposit less any interest penalties for early withdrawal and administrative charges imposed by escrow holder for its services in establishing and maintaining interest bearing accounts in the name of potential buyer.3. þ If the preliminary/interim public report expires, all deposits will be immediately refunded by escrow depository unless a renewed preliminary/interim public report is furnished to escrow depository by the developer or developer222s agent. þNN AME OF DEVELO þpP ER þBB Y: þ TI þtT LE þ DA þtT E þNN AME OF þEsES CROW DE þpP O þsS I þtT ORY þBB Y: þ TI þtT LE þ DA þtT E STATE OF CALIFORNIAþDDEPARTMENT OF þRREAL þEEþsSTATERESEþrRVATION DEPOSIT HANþdDLING þAAGþrREEMENT(TIME-SHARE PLAN) RE 612B (Rev. 11/15) American LegalNet, Inc. www.FormsWorkFlow.com