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<br />REV ~/21{~ <br /> <br />AGREE~lENT <br /> <br />THIS AGREEMENT, made and entered into this <br /> <br />I !!~ '- <br /> <br />day of <br /> <br />/; . <br />'.< !-:-~'\._C.' <br /> <br />, 1994, by and between UNITED STATES ESCROW, <br /> <br />a California corporation, ("V.S.L") and the CITY OF SANTA ANA, 2. <br /> <br />municipal corporatio:1 cf the State of California ("city"). <br /> <br />WITNESSETH <br /> <br />Recit2.1s: <br /> <br />A. city is undertaking certain activities In furtherance of <br /> <br />its housing programs. <br /> <br />B. city desires to engage the consulting serVlces of V.S.E. <br />/ <br />to provide residential loan processlng, underwriting, loan. <br /> <br />servicing, and to render other assistance and services in <br /> <br />connection with city housing activities. <br /> <br />C. U.S.E. represents that it is qualified to provide such <br /> <br />services to city. <br /> <br />~~EREFORE, in consideration of their mutual and respective <br /> <br />promises, and subject to the terms and conditions hereinafter set <br /> <br />forth, the parties hereto do hereby agree as follows: <br /> <br />1. REPRESENTATIVES AND NOTICE <br /> <br />A. <br /> <br />For purposes of implementing this Agreement, <br /> <br />the <br /> <br />representative of the City shall be the Executive Director of the <br /> <br />community Development Agency of the city and .her designated <br />.-~\ <br /> <br />representatives (the "Director"). Except as may be othkrwise <br /> <br /> <br />stated hereinafter, the Director shall have th~' autnority t~act on <br /> <br /> <br />behalf of the City in carrying out the terms :f this Agr~~ent. <br /> <br />1 <br />