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6. Payment of Purchase Price. City agrees to pay to Seller, and Seller agrees to accept from <br />City, as and for the full purchase price for said real property, the total sum of Six Hundred <br />Thousand Dollars And No/100 600 000.00). City agrees to deposit said purchase price in <br />escrow with the Escrow Agent within THIRTY (30) days from and after the date on which the <br />City has approved this Agreement, and the Escrow Agent is hereby authorized to pay the same to <br />Seller upon and after: <br />(a) Conveyance of said real property by Seller to City as hereinabove provided; <br />(b) Acceptance by City of a Grant Deed conveying said real property to City; <br />(c) Delivery to City of the policy of title insurance as hereinabove provided; <br />(d) Recordation of the Deed conveying said real property to City. <br />7. Possession. Seller agrees to deliver to City, on the date the Deed conveying said real <br />property to City is recorded, quiet and peaceful possession of said real property. <br />8. Waivers. The waiver by City of any breach of any covenant or agreement herein <br />contained on the part of Seller shall not be deemed or held to be a waiver of any subsequent or <br />other breach of said covenant or agreement nor a waiver of any breach of any other covenants or <br />agreements contained herein. <br />9. Heirs, Assigns,Etc. This Agreement, and all the terms, covenants and conditions hereof, <br />shall apply to and bind the heirs, executors, administrators, successors and assigns of the <br />respective parties hereto. <br />10. Time of Essence. In all matters and things hereunder to be done and in all payments <br />hereunder to be made, time is and shall be of the essence. <br />11. Waiver of Relocation Benefits by Seller. Seller hereby waives any and all rights to <br />relocation benefits to which Seller may be entitled at the time Seller vacates or is forced to vacate <br />the property. <br />12. Permission to Enter on Premises. Seller hereby grants City, and its authorized agents, <br />permission to enter upon said real property at all reasonable times prior to close of escrow for the <br />purpose of making necessary inspections. / <br />13. Just Compensation, Seller agrees that said purchase price is just compensation at fair <br />market value for said real property, together with any and all buildings, improvements, fixtures, <br />signs and structures, or portions of any of the foregoing, which are affixed to said real property. <br />14. Notices. The mailing address of the City of Santa Ana is: 20 Civic Center Plaza, <br />M-37, P.O. Box 1988, in the City of Santa Ana 92702, County of Orange, State of California. <br />