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<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 Occupancy Bv Seller. Seller agrees to execute a complete, current and <br />correct statement of rentals (Estoppel Certificate) on a form furnished to Seller by Buyer and <br />deliver same to Buyer within fifteen (15) days hereof with copies of any written leases or rental <br />agreements attached thereto. All rents will be prorated as of the close of escrow on the basis <br />of a 30-day month/360-day year consistent with that statement, subject to approval of Buyer. <br />Seller hereby agrees not to rent any units on the premises which are now vacant, or which may <br />be vacated by present occupants prior to close of escrow. Any and all Tenant Security <br />Deposits pertaining to the subject property collected by or in the possession of Seller prior to <br />the close of escrow shall be transferred to and become the property of Buyer during escrow. <br /> <br />Seller 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. Seller 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, AssiQns, Successors in Interest. This Agreement, and all the terms, <br />covenants and conditions hereof, shall apply to and bind the heirs, executors, administrators, <br />successors and assigns of 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 <br />agents, permission to enter upon said real property at all reasonable times prior to close of <br />escrow for 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,. <br /> <br />14. Notices. The mailing address of the City of Santa Ana is 20 Civic Center Piaza, 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 />11955 S Lambert <br />Tustin, CA 92782 <br /> <br />15. Exceptions. City agrees to accept title to said real property subject to the following: <br />NONE. <br /> <br />13 <br />