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Sellers hereby warrant that the rental statement referred to shall include the terms of all rental agreements, tenancies, and leases (oral or written, recorded, or unrecorded) and Sellers agree to hold Buyer harmless from all liability from any such leases or agreements. Sellers also warrant that there are no oral or written leases on all or any portion of Said Real Property exceeding a period of one month. 9. Waivers. The waiver by City of any breach of any covenant or agreement herein contained on the part of Sellers 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. 10. _Heirs, Assigns, and Successors-in-Interest. This PSA, and all the terms, covenants and conditions contained herein, shall apply to and bind the heirs, executors, administrators, successors and assigns of the respective parties hereto. 11. 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. 12. Permission to Enter on Premises. Sellers hereby grant City, and its authorized agents, permission to enter upon Said Real Property at all reasonable times prior to close of escrow for the purpose of making necessary inspections. 13. Just Compensation. Sellers acknowledge and agree that said purchase price is just compensation at fair market value for that portion of Said Real Property being purchased, including severance damages (if any) to which Sellers may be entitled. Sellers acknowledge and hereby agree that execution of this PSA shall constitute an assignment to Keng Tong Taing and Sing Lor Taing, individuals, and Star Bagel, Inc., a California corporation, dba Star Wok Express ("Tenants") of any and all right, title and/or interest they may now have, or in the future be entitled to, individually or collectively, as compensation for furniture, fixtures and equipment, bonus value (if any), improvements pertaining to the realty, and/or business goodwill (if any) pertaining to the purchase of Said Real Property by City. 14. Notices. The mailing address of the City of Santa Ana is 20 Civic Center Plaza, M-36, P.O. Box 1988, in the City of Santa Ana 92702, County of Orange, State of California. The mailing address of the Sellers is: Keng Tong Taing 1019 South Bristol Street Santa Ana, California 92703 15. Exceptions. City agrees to accept title to Said Real Property subject to the following: NONE. 16. Entire Agreement. It is mutually agreed that the Parties hereto have set forth herein the Page 4 of 10 Sellers's Initials 25K-7