Castle Pines North Escrow Agreement

investment decision must be made, Escrow Agent is directed to invest the Escrow Funds in
Depositor's Individual Escrow Account, or such portion thereof as to which no written
investment instruction has been received, in the investment indicated on Schedule B hereto. All
investments shall be made in the name of Escrow Agent for the benefit of Depositor.
Notwithstanding anything to the contrary contained herein, Escrow Agent may, without notice to
Depositor, sell or liquidate any of the foregoing investments at any time for any disbursement of
Escrow Funds permitted or required hereunder. All investment earnings shall become part of the
Escrow Funds in Depositor's Individual Escrow Account and investment losses shall be charged
against the Escrow Funds in Depositor's Individual Escrow Account. Escrow Agent shall not be
liable or responsible for loss in the value of any investment made pursuant to this Escrow
Agreement, or for any loss, cost or penalty resulting from any sale or liquidation of the Escrow
Funds in Depositor's Individual Escrow Account. With respect to any Escrow Funds received
by Escrow Agent after twelve o'clock, p.m., Central Time, Escrow Agent shall not be required to
invest such funds or to effect any investment instruction until the next day upon which banks in
St. Paul,Minnesota and the New York Stock Exchange are open for business.
8. Resignation of Escrow Agent. Escrow Agent may resign and be discharged from
the performance of its duties hereunder at any time by giving sixty(60) days prior written notice
to the Depositor and CRMC specifying a date when such resignation shall take effect. Upon any
such notice of resignation, Depositor and CRMC jointly through their Representatives shall
appoint a successor Escrow Agent hereunder prior to the effective date of such resignation. Such
successor Escrow Agent shall only be effective upon execution of an amendment to this Escrow
Agreement, whereby the successor Escrow Agent agrees to the terms and conditions of this
Escrow Agreement. If the Depositor and CRMC fail to appoint a successor Escrow Agent within
such time,the Escrow Agent shall have the right to petition a court of competent jurisdiction to
appoint a successor Escrow Agent, and all costs and expenses (including without limitation
attorneys' fees) related to such petition shall be paid jointly and severally by Depositor and
CRMC. The retiring Escrow Agent shall transmit all records pertaining to the Escrow Funds and
shall pay all Escrow Funds to the successor Escrow Agent, after making copies of such records
as the retiring Escrow Agent deems advisable and after deduction and payment to the retiring
Escrow Agent of all fees and expenses (including court costs and attorneys' fees) payable to,
incurred by, or expected to be incurred by the retiring Escrow Agent in connection with the
performance of its duties and the exercise of its rights hereunder. After any retiring Escrow
Agent's resignation, the provisions of this Escrow Agreement shall inure to its benefit as to any
actions taken or omitted to be taken by it while it was Escrow Agent under this Escrow
Agreement.
9. Binding Effect; Successors. This Escrow Agreement shall be binding upon the
respective parties hereto and their heirs, executors, successors or assigns. If the Escrow Agent
consolidates, merges or converts into, or transfers all or substantially all of its corporate trust
business (including the escrow contemplated by this Escrow Agreement)to another corporation,
the successor or transferee corporation shall be the successor Escrow Agent upon execution of
an amendment to this Escrow Agreement,whereby the successor Escrow Agent agrees to the
terms and conditions of this Escrow Agreement.
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11-01-2014