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" J e e year which begins on the date the deed conveying Said Real Property to City is recorded and made uncollectible if unpaid by reason of Section 4986 of the Revenue and Taxation Code of the State of California. All unpaid taxes on Said Real Property for any and all years prior to the fiscal year within which said conveyance is made shall be paid by Sellers before conveyance of Said Real Property to City. 6. Payment of Purchase Price. City agrees to pay to Sellers, and Sellers agree to accept from City, as and for the full purchase price for Said Real Property, including severance damages (if any) to which Sellers may be entitled, the total sum of EIGHT HUNDRED SIXTEEN THOUSAND SEVEN HUNDRED NINETY FIVE AND NOIlOO DOLLARS ($816,795.00). City agrees to deposit said purchase price in escrow with the Escrow Agent within THIRTY (30) days from and after the date on which the City has approved this PSA, and the Escrow Agent is hereby authorized to pay the same to Sellers upon and after: (a) Conveyance of Said Real Property by Sellers 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 provided; (d) Recordation of the Deed conveying Said Real Property to City. 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 bonus value or business goodwill (if any) pertaining to the purchase of Said Real Property by City. 7. Possession. Sellers agree 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, in accordance with the terms and conditions of the ASA executed by the Parties, attached hereto as Exhibit "C" . 8. Rental and Occupancy by Sellers. Sellers agree to execute a complete, current and correct statement of rentals (Sellers Estoppel) on a form furnished to Sellers by Buyer and to deliver same to Buyer within fifteen (15) days thereof with copies of any written leases or rental agreements attached. All rents will be prorated as of the close of escrow on the basis of a 30-day month / 360-day year consistent with that statement, subject to approval of Buyer. Sellers hereby agree 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. Sellers agree that any and all tenant security deposits pertaining to the subject property collected by or that are in the possession of Sellers prior to the close of escrow shall be transferred to and become the property of Buyer during escrow. Page 3 of 10 Sellers's Initials \f- \:' 0/