Laserfiche WebLink
<br />(c) Delivery to City of the policy of title insurance as hereinabove provided; <br /> <br />(d) Recordation of the Deed conveying said real property to City. <br /> <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, which shall be <br />made free by Seller of all personal property. <br /> <br />8. Rental and Occupancv Bv Seller. Seller agrees to execute a complete, current and <br />correct statement of rentals on a form furnished to Seller and deliver same to Buyer within <br />fifteen (15) days hereof with copies of any written leases or rental agreements attached. All <br />rents will be prorated as of the close of escrow on the basis of a 30-day month consistent with <br />that statement, subject to approval of Buyer. Seller hereby agrees not to rent any units on the <br />premises which are now vacant, or which may be vacated by present occupants prior to close <br />of escrow. <br /> <br />Sell hereby warrants that the rental statement referred to shall include the terms of all rental <br />agreements, tenancies, and leases (written, unwritten, recorded, or unrecorded) and Seller <br />agrees to hold Buyer harmless from all liability from any such leases or agreements. Sell also <br />warrants that there are no oral or written leases on all or any portion of property, exceeding a <br />period of one month. <br /> <br />9. 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 <br />or agreements contained herein. <br /> <br />10. Heirs. Assians. Etc. This Agreement, and all the terms, covenants and conditions <br />hereof, shall apply to and bind the heirs, executors, administrators, successors and assigns of <br />the respective parties hereto. <br /> <br />11. Time is of the Essence. In all matters and things hereunder to be done and in all <br />payments hereunder to be made, time is and shall be of the essence. <br /> <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 <br />the purpose of making necessary inspections. <br /> <br />13. Just Compensation. Seller acknowledges and agrees that said purchase price is just <br />compensation at fair market value for said real property, and includes payment for fixtures & <br />equipment (improvements pertaining to the realty), goodwill (if any), severance damages, and <br />relocation benefits pursuant to Government Code 97260 et seq. <br /> <br />14. Notices. The mailing address of the City of Santa Ana is 20 Civic Center Plaza, M-36, <br />P.O. Box 1988, in the City of Santa Ana 92702, County of Orange, State of California. The <br />mailing address of the Seller is: <br /> <br />J & L Investments <br />7533 Endemont, Anaheim, CA <br /> <br />15. Exceptions. City agrees to accept title to said real property subject to the following: <br />NONE. <br /> <br />16. Entire Aareement. It is mutually agreed that the parties hereto have herein set forth the <br />