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public benefit allowance, and proposes to use the Property for <br />educational purposes as detailed in its application to GRANTOR <br />dated September 7, 1988 ( "Application "). <br />3. The General Services Administration has notified GRANTOR <br />J that no objection will be interposed to the transfer of the <br />Property to GRANTEE, and GRANTOR has accepted the offer of <br />GRANTEE. <br />II. AGREEMENT <br />4. GRANTOR, in consideration of the foregoing, one dollar, <br />the performance by the GRANTEE of the covenants, conditions, and <br />restrictions hereinafter contained and other good and valuable <br />consideration, the receipt of which is hereby acknowledged, has <br />remised, released, and quitclaimed and does hereby remise, <br />release and quitclaim to the GRANTEE, its successors and assigns, <br />all right, title, interest, claim and demand, reserving such <br />rights as may arise from the operation of the conditions <br />subsequent and covenants of this Deed, which the UNITED STATES OF <br />AMERICA has in and to the Property, situate, lying, and being in <br />Orange County, California and is more particularly described in <br />the following legal description: <br />All that certain real property in the City of Santa Ana, <br />County of Orange, State of California, described as follows: <br />Beginning at the most Westerly Southwest corner of that <br />parcel of land shown on a map recorded'in Book 98, Page 10 <br />of Records of Survey of said County, said corner being a <br />point on a non - tangent curve, concave Westerly, having a <br />radius of 23,093.31 feet, a radial line to said point bears <br />North 68 017144.6" West; thence Northeasterly 317.41 feet <br />2 <br />