TRANSFER OF INSURANCE POLICY TO ESCROW According to the stipulations of this option to purchase, the seller, __________________, must maintain sufficient insurance against property damage, on the premises at,: ____________________________________________________________________, and all insurance policies obtained by the seller on the property prior to the close of escrow are to be transferred to purchaser, ________________________, at the close of escrow, on _________________________, at the option of purchaser. __________________________ ___________________ _________________ Signature Title Date __________________________ ___________________ _________________ Signature Title Date __________________________ ___________________ _________________ Signature Title Date