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<br />. INSURANCE NOT REQUIRED
<br />,WORK MAY PROCEED A-2007-150
<br />
<br />'CLERK OF CoUNCIL
<br />DATE: b - ~(, -0 '1
<br />O:PWA (2) PURCHASE AND SALE AGREEMENT AND BILATERAL ESCROW INSTRUCTIONS
<br />(1<. St>r~Me^J FOR ACQUISITION OF REAL PROPERTY
<br />\ (Residential)
<br />
<br />THIS AGREEMENT (hereinafter "PSA"), entered into on d, ~ I~ , 2007,
<br />
<br />between the CITY OF SANTA ANA, a charter city and municipal corporation duly
<br />
<br />organized under the Constitution and laws of the State of California (hereinafter "City" or
<br />
<br />"Buyer"), and Luis Romero and Juan Argota (hereinafter "Seller"), regardless of number
<br />
<br />or gender;
<br />
<br />THEREFORE, for and in consideration of their mutual promises, covenants and
<br />agreements, and subject to the terms, conditions and provisions of this Agreement, Seller
<br />agrees to sell to City, and City agrees to purchase from Seller, all that certain real property
<br />(hereinafter "Said Real Property") described as follows:
<br />
<br />All that certain real property located in the State of California, County of Orange, City of
<br />Santa Ana, described as follows:
<br />
<br />SEE EXHIBIT "A" ATTACHED HERETO AND BY THIS REFERENCE MADE A PART
<br />HEREOF
<br />
<br />(Commonly known as 921 N. Bristol, , Santa Ana, Ca)
<br />
<br />Said purchase and sale of Said Real Property shall be in accordance with and subject to
<br />all of the following terms, conditions, promises, covenants, agreements and provisions,
<br />to wit:
<br />
<br />1. Conveyance bv Seller. Seller agrees to convey Said Real Property to City, by
<br />Grant Deed, at the office of First American Title Insurance Company, located at 2 First
<br />American Way, Santa Ana, California, within thirty (30) days from and after the date on
<br />which the City has approved this PSA.
<br />
<br />2. Title to be Conveyed. Seller agrees that, except as may hereinafter be
<br />expressly provided, Said Real Property shall be conveyed by Seller to City, as aforesaid,
<br />free and clear of any and all conditions, restrictions, reservations, exceptions, easements,
<br />assessments, profits, limitations, encumbrances (including any and Ie ses), liens,
<br />1"..-
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<br />Page 1 0111
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<br />Seller's Initial
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