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Project: Bristol Street Improvement Project —Phase 3A <br />APN: 405- 274 -10 <br />Tenant- Seller: Khaled H. Jawhary dba Advantage Auto Insurance Brokerage <br />AGREEMENT FOR ACQUISITION OF TENANT- SELLER'S <br />_ INTEREST IN REAL PROPERTY <br />THIS AGREEMENT ( "Agreement") is entered into as of this 2 7 ` day of <br />_ /7WtCA 2017, by and between THE CITY OF SANTA ANA, a charter city and <br />municipal corporation duly organized under the Constitution and laws of the State of California <br />( "Buyer "), and KHALED JAWHARY DBA ADVANTAGE AUTO INSURANCE <br />BROKERAGE ("Tenant- Seller") for the acquisition by Buyer of certain interests in real property <br />described herein. <br />IT IS HEREBY AGREED BETWEEN THE PARTIES AS FOLLOWS: <br />1. AGREEMENT. Tenant- Seller agrees to sell and convey to Buyer, and Buyer agrees <br />to purchase and acquire from Tenant- Seller, upon the terms and for the consideration set forth in <br />this Agreement, (a) all right, title and interest, in and to certain improvements, including fixtures <br />and equipment (collectively " Conveyed Improvements ") located in, on, or affixed in any manner <br />to the premises known and numbered as 1111 N. Bristol Street, Suite D. Santa Ana California <br />( "Premises ") which Premises are part of that real property described in Exhibit A attached hereto, <br />located in the City of Santa Ana, Orange County, California ( "Property"), and (b) any tenancy <br />interest of Tenant - Seller ( "Tenancy Interest ") in and to the Premises and the Property. The <br />Conveyed Improvements are a part of the Premises, and specifically include, without limitation, the <br />items described in the list of Improvements Pertaining to the Realty attached hereto as Exhibit B. <br />2. PURCHASE PRICE. The total purchase price, payable in cash through this <br />Agreement, shall be the sum of: NINE THOUSAND SIX HUNDRED TWENTY EIGHT AND <br />NO 1100 DOLLARS ($9,628.00) ("Purchase Price") which is computed as follows: <br />Value of Conveyed Improvements as shown on Exhibit B $9,630.00 <br />Less the Salvage Value of the Retained Improvements as shown on Exhibit C $2.00 <br />TOTAL AMOUNT PAYABLE THROUGH THIS AGREEMENT $9,628.00 <br />Exhibit 2 <br />251 -5 <br />