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6. moment of Purchase Price. City ag rees to pay to Seller, and Seller agrees to accept from City, as and for the full purchase pr ce for said real property, fixtures & equipment (improvements pertaining to the realty), goodwill (if any), and severance damages, the total sum of ONE HUNDRED FIFTY THOUSAND AND NO1100 DC'._LARS ($150.000). City agrees to deposit said purchase price in escrow with the Escrow Agent within THIRTY (:30) days frorn and after the date on which the City has approved this Agreement, and the Escrow Agent is hereby authorized to pay the same to Seller upon and after: (a) Conveyance o` said real property i-y Selic-1 to City as hereinabove provided; (b) Acceptance by Cite of a Grant Deed conveying said real property to City; (c) Deliver, to City of the polity of tiiie inswance; as he-einabove provided; (d) Recordation of -the Deed coriv yi??g said real property to City. 7. Possession. ;Se;!ler agreta t,D d.=:iivar io 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. Left Blank 9. Waivers. The waiver by City of rmy breach of any covenant or agreement herein contained on the part of Seiler shall riot be .-teemed or held to be a waiver of any Subsequent or other breach of said covenant or agreement nor a waiver pf any breach of any other covenants or agreements contained herein. 10. Heirs, Assigns, Successors in Interest. This Agreement, and all the terms, covenants and conditions hereof, shail apply to and bind the heirs, executors, administrators, successors and assigns of the respective parties hereto. 11. Time is of the Essence. In a!I rnatters 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 Premises. ::e ler hereby grants City, and its authorized agents, permission to enter upon said real mcsnerty a aii reasonable times prior to close of escrow for the purpose of making necessary inspections. 13. Just Comnensa•f on. Seller at-.k; oWedges and agrees that said purchase price is just compensation at fair market val:ae for said real property and includes payment for fixtures & equipment (improvements pertaining to the realty,, goodwill (if any); and severance damages 14. Notices,. The rr.aiiirng 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 grange, State of California. The mailing address of the Seller is; i'.,_,far ! .iamos ,ind volanda !Ramos 16285) Mount Islip Circle. Fountain Valley, CA 92708 25E-22