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be obligated to recognize nor have any liability or responsibility arising under any other <br /> agreemen#to which Escrow Agent is not a party, even though reference thereto may be <br /> made herein. <br /> 4.4 Indemnities. The Escrow Agent shall not be responsible for the identity, <br /> authority or rights of any person, firm or corporation executing or delivering or purporting <br /> to execute or deliver this Escrow Agreement or any document or security deposited <br /> hereunder or any endorsement thereon or assignment thereof. <br /> 4.5 Reliance Upon Instruments. The Escrow Agent may rely upon any <br /> instrument of writing believed by it to be genuine and sufficient and properly presented, <br /> and shall not be liable or responsible for any action taken or omitted in accordance with <br /> the provisions thereof. <br /> 4.6 Reasonable Care. The Escrow Agent shall not be liable or responsible for <br /> any act it may do or omit to do in the exercise of reasonable care. <br /> 4.7 Compliance with Judicial Proceedings. !n case any property held by the <br /> Escrow Agent hereunder shall be attached, garnished or levied upon under any order of <br /> the court, or the delivery thereof shall be stayed or enjoined by any order of the court, or <br /> any other order, judgment or decree shall be made or entered by any court affecting <br /> such property, or any part thereof, or any act of the Escrow Agent, it is hereby expressly <br /> authorized, in its sole discretion, to obey and comply with all writs, orders, judgments or <br /> decrees so entered or issued, whether with or without jurisdiction, and in case the <br /> Escrow Agent obeys and complies with any such writ, order, judgment or decree, it shall <br /> not be labile to any of the parties hereto, their successors, heirs or personal <br /> representatives or to any other person, firm or corporation, by reason of such <br /> compliance notwithstanding that such writ, order, judgment or decree is subsequently <br /> reversed, modified, annulled, set aside or vacated. <br /> 4.8 Comqensation of Escrow Agent. The Escrow Agent agrees to waive <br /> compensation for its services, unless it is forced to employ agents and attorneys for the <br /> reasonable protection for the property held hereunder and of itself and shall have a lien <br /> on any such property for its compensation and for any and all costs, expenses and <br /> attorney's fees reasonably incurred by it and upon failure to reimburse itself therefor out <br /> of any such property, regardless of whether such payment is owed by the party <br /> otherwise entitled to receive such property, the parties hereto jointly and separately <br /> agree to pay any such amounts to the Escrow Agent on demand. <br /> 5. MISCELLANEOUS. <br /> 5.1 Successors and Assiqns. This Escrow Agreement shall be binding upon <br /> and inure to the benefit of the parties hereto and their respective successors and <br /> assigns. <br /> REID_City_Escrow Agreement_9/20/04 <br />