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Recording Requested by Fidelity National Title AT THE REQUEST OF AND WHEN RECORDED MAIL TO: City of Santa Ana 20 Civic Center Plaza (M-30) P.O. Box 1988 Santa Ana, CA 92701 Attention: City Clerk Oe. Recorded in Official Records, Orange County Hugh Nguyen, Clerk -Recorder 111[IIII[IJ 1I1111111$II111[11I1 II11I 1I111 I1II 111I1 $11 1I I11I NO FEE *$ R 0 0 1 4 1 0 4 1 7 9 $ * 2022000403440 2:56 pm 12109/22 340 NC-5 D10 10 0.00 0.00 0.00 0.00 27.00 0.00 0.000.000.00 0.00 Wrhevalue of Ore propedy in ihls conveyance exclusiveofliensanden 1!nncesis$t0000 a less, and them is no additional consideration received by the grantor, R&T 119117 SPACE ABOVE THIS LINE FOR RECORDER'S USE o GDA �M.Morley s. vgzgvcS) t DZ) EXEMPT FROM RECORDING FEES PURSUANT Return FULLLY EXECUTED TO GOV. CODE § 27383 AND 6103 DEC O 7 2022 cuuy to COTC, M-30 A-2020_265-04 CITY DEED (WITH REVESTMENT PROVISIONS, COVENANTS, RESTRICTIONS AND RESERVATIONS) For a valuable consideration, receipt of which is hereby acknowledged. The City of Santa Ana, a California charter city in the County of Orange of the State of California ("Grantor" or "City"), hereby grants to Caribou Industries, Inc., a Nevada Corporation ("Grantee" or "Developer"), that certain real property described in Exhibit "A" attached hereto and incorporated herein by this reference ("Property"). 1. The Property is conveyed in accordance with and subject to that certain Disposition and Development Agreement ("DDA") dated October 5, 2020, for reference purposes only, entered Into between Grantor and Grantee, a copy of which is on file with the City at its offices as a Public Record and which was recorded on January 28, 2021, as Instrument No. 2021000061922 of the Official Records of Orange County, California, and Is incorporated herein by reference. The DDA requires the Developer to construct and meet other requirements as set forth therein. All terms used herein shall have the same meaning as those used in the DDA. 2. The Grantee acknowledges and agrees that the Property is quitclaimed by the City to the Grantee in its "AS IS," "WHERE IS" and "SUBJECT TO ALL FAULTS CONDITION," as of the date of tecordation of this City Deed, with no warranties, expressed or implied, as to the environmental or other physical condition of the Property, the presence or absence of any patent or latent environmental or other physical condition on or in the Property, or any other matters affecting the Property. 3. As provided in the Disposition and Development Agreement, Grantee shall promptly commence and complete development of the Property in accordance with plans and specifications approved by Grantor. Construction of improvements and development of the Property (the "Improvements") required by the Disposition and Development Agreement shall commence and be prosecuted diligently to completion at the time specified in, and subject to the terms of, the Disposition and Development Agreement. Page 1 of 7 Form Of City Deed