RUIZ, VALENTINA - 2007 - Laserfiche WebLink

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. . Said Real P, operty, and business goodwill, if any, the total sum of: . I'll r III 'NDRED SIXTY FIVE THOUSAND DOLLARS ($ 565000 City agrees t~ deposit said purchase price in escrow with the Escrow Agent within THIRTY (30~' days after IhL r1dte on which the City has approved this PSA, and the Escrow Agent is hereby authorized tu pay the same to Seller upon and after: (a) Conveyance of Said Real Property by Seller to City as hereinabove provided; (b) Acceptance by City of a Grant Deed conveying Said Real Property to City; (c) Delivery to City of the policy of title insurance as hereinabove required; (d) RecorrJatlun of the Deed conveying Said Real Property to City. 7. Possession. Seller agrees to deliver to City, on the date the Deed conveying Said Real Property to City is recorded, quiet and peaceful possession of Said Real Property, which shall be made free by Seller of all personal property. 8. Rental and Occupancy bv Seller. Seller agrees to execute a complete, current and correct statement of rentals (Seller Estoppels) on a form furnished to Seller by Buyer and to deliver same to Buyer within fifteen (15) days hereof with copies of any written leases or rental agreements atlachuu. All rents will be prorated as of the close of escrow on the basis of a 30- day month /360-ct<lY year consistent with that statement, subject to approval of Buyer. Seller hereby agrees not to rent any units on the premises which are now vacant, or which may be vacated by the present occupants prior to close of escrow. Seller agrees that any and all tenant security depOSits pmtaining to the subject property collected by or that are In the possession of Seller prior to the close of escrow shall be transferred to and become the property of Buyer during escrow. Seller hereby warrants that the rental statement referred to shall include the terms of all rental agreements, tenanCies, and leases (oral or written, recorded, or unrecorded) a;dllsell~r agrees to hold Buyer harmless from at~~a~~\~%~~::;: ~~~~ ~ra:~: ~~~i;~~~t~~t~~bj:C~~~o~~rty warrants that there d re no ora exceeding a perrod 01 one month. . . f breach of any covenant or agreement herein 9 Waivers TI'" waiVer by City 0 any d held to be a waiver of any subsequent or ~ntained on the part of Seller shall not be deeme or er of any breach of any other covenants other breach of Si lie! covenant or agreement nor a walv or agreements Cl>l1talned herem. . This PSA and all the terms, covenants and 10. Heirs, Assiqns, successo~s ~i~~~~:r~~~;s, executo;s, administrators, successors and conditions hereof. sl1all apply to an assigns of the respective Parlies hereto_ . 11 II matters and things hereunder to be done and In a 11. Time is of the Essenc~- ~nr:e is and shall be of the essence. payments hereund," to be ma e, I . . . er hereb grants City, and ItS authonzed 12. Permission to Enter on pre~'~esi ir~~erty at a~ reasonable times prior to close of agents, permission 10 enter upon Sal ea Seller's \nitials\l R Pa'ge 3 of8