TO 227 223ESCROW HOLD þeE R224NAME OF þEE SCROW-HOLDER þ þAA DDRESS, þCC ITY, þSS TATE, ZIP þCC ODE þ For value received, we hereby agree that the amount of Dollars ($) (223Funds224) is irrevocably committed and set aside by us in a separate account (No. ), under our control to secure the prompt and faithful performance of the Subdivider222s obligation to the Association under the Security Agreement provisions of the Security Agreement and Instructions to Escrow Depository (herein 223the Contract224) dated attached hereto and made a part hereof. This set aside letter is issued for the purpose of compliance by the Subdivider with the provisions of Section 2792.10 of Chapter 6, Title 10, California Code of Regulations. þ We acknowledge that the Subdivider has granted the Association a security interest in the Funds to secure the obligation described above. Issuer further acknowledges and agrees that the Funds cannot be used or offset to satisfy the Subdivider222s obligations to the Issuer, if any. þ This set-aside letter, together with the Security Agreement and Instructions to Escrow Depository, shall be delivered to þ þ We shall pay to Escrow Holder an amount up to but not in excess of the funds then available for disbursement pursuant to this letter, if Escrow Holder makes a request for such funds accompanied by a statement, purportedly signed by one of the þ of $ is hereby requested on the Set Aside Letter issued (date) by (Issuer). This request is made in compliance with escrow instructions to Escrow Holder heretofore duly executed and delivered to Escrow Holder, pursuant to the provisions of Section 2792.10 of Chapter 6, Title 10, California Code of Regulations, by Subdivider and Association .224 SUBDIVIþsSIONþsS BORROW þeE RS 227 223 þSS U þbB DIVID þeE R224NAME OF þSS UBDIVIDER þAA DDRESS, þCC ITY, þSS TATE, ZIP þCC ODE þSS U þbB DIVISION 227 223 þSS U þbB DIVISION224NAME OF þSS UBDIVISIO þnNþCC OU þnN TY þT T YPE OF þSS UBDIVISIO þnDN DþRERE þFF ILE NUMBER þOO N B þehEH ALF þOO F 227 223 þAA SSOCIA þtT ION224NAME OF þOO W þnN ERS þAA SSOCIATIO þnNþAA DDRESS, þCC ITY, þSS TATE, ZIP þCC ODE STATE OF CALIFORNIAþDDEPARTMENT OF þRREAL þEEþsSTATESET-AþsSIDE LETTER(REGULATION 2792.10) RE 688 (Rev. 8/16) American LegalNet, Inc. www.FormsWorkFlow.com RE 688 227 Reverse þ not previously been disbursed pursuant to this set-aside letter, shall be paid to the Association or to its order for the purpose þ þ In no case will the Escrow Holder or the Association be obligated to repay to us Funds disbursed to the Escrow Holder or the Association pursuant to the provisions of this set-aside letter. þ Issuer does hereby waive any right granted to Issuer to require that the Association proceed independently against Subdivider Issuer in any such action. þ successors in interest, assigns, and personal representatives of the respective parties. þ One Paragraph 3 of the Security Agreement provisions of the Security Agreement and Instructions to Escrow Depository, or an extension thereof given in writing to the Subdivider by the Association and assented to by us (223Limitation Period224). þ Our obligations under this set-aside letter are unconditional and shall not be abrogated or otherwise affected by the bankruptcy of the Subdivider, by any stop notice (except a bonded stop notice), tax assessment or levy, attachment, execution or other legal process against Subdivider nor by the breach by Subdivider of any obligations to us. þ Dated: þ þ þ þ þI I ssuer222s Name þ þ þB B y þ þ þ Name of þPP erson þSS igning þ þ þT T itle of þPP erson þSS igning þ þ þA A ddress þ þ þC C ity, þSS tate, & Zip þCC ode American LegalNet, Inc. www.FormsWorkFlow.com