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RECORDING REQUESTED BY <br />AND WHEN RECORDED MAIL TO: <br />City of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, California 92701 <br />Attention: City Clerk <br />To be recorded without fee. (Space Above This Line For Recorder's Use Only) <br />(Government Code, §§ 6103 and 27383) <br />DISCLOSURE, ACKNOWLEDGMENT AND ASSUMPTION <br />AGREEMENT <br />THIS DISCLOSURE, ACKNOWLEDGMENT AND ASSUMPTION AGREEMENT <br />(Assumption Agreement) made among ( "Owner "), <br />( "Transferee ") and the CITY OF SANTA ANA <br />A. The Owner is the current owner of the real property commonly known as _ <br />, Santa Ana, California, and now <br />particularly described on Exhibit A, which together with all improvements <br />located thereon is referred to in this Assumption Agreement as the <br />"Inclusionary Unit ". <br />B. The Owner wishes to transfer and convey to the Transferee the <br />Inclusionary Unit; and <br />C. The Inclusionary Unit is subject to the restrictions applied by the <br />Inclusionary Housing Covenants, Resale Restrictions and City's Option to <br />Purchase Agreement recorded on , 20, as Document <br />No. , in the Official Records of Orange County, California <br />(the "Inclusionary Housing Covenants Declaration ") that imposes resale <br />controls on the Inclusionary Unit; and <br />Inclusionary Housing Covenants Declaration Page 1 <br />Assumption Agreement January 2015 <br />