CRIPPS, JAMES-2008 - Laserfiche WebLink

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4 Payment of Purchase Price. Buyer agrees to pay to City, and City agrees to accept from Buyer, as and for the full purchase price for said real property, fixtures & equipment (improvements pertaining to the realty), goodwill (if any), and severance damages the total sum of One Hundred Dollars And Noll 00 ($100.00). 5. Deadline for Payment of Purchase Price. Buyer agrees to deposit the purchase price of $100.00 with the City within THIRTY (30) days from and after the date on which the Buyer has approved this Agreement. 6. Recordation of Quit Claim Deed. City shall not record the Quit Claim Deed until Buyer has deposited with City the Purchase Price in full. 7. Possession. City agrees to deliver to Buyer, on the date the Deed conveying said real property to Buyer is recorded, quiet and peaceful possession of said real property, which shall be made free by City of all personal property. 8. Waivers. The waiver by one party of any breach of any covenant or agreement herein contained on the part of the other party shall not be deemed or held to be a waiver of any subsequent or other breach of said covenant or agreement nor a waiver of any breach of any other covenants or agreements contained herein. 9. Heirs, Assigns, Etc. This Agreement, and all the terms, covenants and conditions hereof, shall apply to and bind the heirs, executors, administrators, successors and assigns of the respective parties hereto. 10. Time is of the Essence. In all matters and things hereunder to be done and in all payments hereunder to be made, time is and shall be of the essence. 11. Permission to Enter on Premises. City hereby grants Buyer, and its authorized agents, permission to enter upon said real property at all reasonable times prior to recordation of the quit claim deed for the purpose of making necessary inspections. 12. Notices. The mailing address of the City of the City of Santa Ana is 20 Civic Center Plaza, M-36, P.O. Box 1988, in the City of Santa Ana 92701, County of Orange, State of California. The mailing address of the Buyer is: Jim Cripps 2341 Riverside Drive Santa Ana, California, 92706 13. Entire Agreement. It is mutually agreed that the parties hereto have herein set forth the whole of their Agreement. Performance ofthis Agreement by Buyer shall lay at rest, each, every and all issue(s) that were raised or could have been raised in connection with the acquisition of said real property by Buyer. 2 -