LUCIO, MICHAEL G. AND TINA M. - Laserfiche WebLink

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reference made a part hereof, hereinafter referred to as "said real property." PARTICIPANTS agree to provide egress and ingress rights upon said real property, to CITY, its officers, employees, and agents for the purpose of effectuating the terms and conditions of this agreement. B. DEMOLITION CITY shall cause the demolition and removal of all structures on said real property upon PARTICIPANTS' vacating said real property, for the purpose of affixing a rehabilitated dwelling thereon. All costs of demolition and removal shall be at the sole expense of CITY and shall not be charged to PARTICIPANTS. C. REHABILITATED STRUCTURE CITY shall enter into an agreement with Mead Housing Assistance Foundation (hereinafter referred to as "Mead") which said agreement is attached hereto as "Exhibit B and incorporated herein by reference, on behalf of PARTICIPANTS-, to move the dwelling presently located at 1320 Martha Lane, Santa Ana, and to affix and rehabilitate said dwelling to said real property. PARTICIPANTS agree to be bound by all applicable terms and conditions contained in "Exhibit B." D. FINANCING PARTICIPANTS agree to apply to the Housing Authority of the City of Santa Ana for a home improvement loan in the approximate amount of Forty Two Thousand Dollars ($42,000.00) to be evidenced by a promissory note and deed of trust to be executed by PARTICIPANTS in a form acceptable to CITY. The proceeds of said loan, to the extent necessary, shall be used to pay MEAD for moving and rehabilitating said dwelling pursuant to "Exhibit B" and to defray, in part, PARTICIPANTS' further obligations pursuant to this agreement. PARTICIPANTS agree to execute a promissory note and deed of trust in a form acceptable to CITY to secure 2.