THOMAS M. HEWKO D.C. - 2017 - Laserfiche WebLink

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A-2017.255 INWRANL,E. NOT RE'CyUIRIED VV011K 1u1A!' l'RCl(;EPll CII -AK OF Gti1J14(jitf_ l-� SEP 2 6 2097 tee+" SELL 11w11��` /, Project: Bristol Street hnprovementProject—Phase 3A a ? Vt A () APN: 405-274-10 � Tenant -Seller: Thomas M. Hewko D C dba Back Pain Chiropractic Clinic Corporation )ot>e v en., yU �,4 AGREEMENT FOR ACQUISITION OF TENANT -SELLER'S INTEREST IN REAL PROPERTY THI$$ AGREEMENT ("Agreement") is entered into as of this i �cl_�6 day of �Vo9eV , 2017, by and between THE CITY OF SANTA ANA, a charter city and municipal, corporation duly organized under the Constitution and laws of the State of California (`Buyer"), and THOMAS M. HEWKO D.C. DBA BACK PAIN CHIROPRACTIC: CLINIC ("Tenant -Seller") for the acquisition by Buyer of certain interests in real property described herein. ITIS HEREBY AGREED BETWEEN THE PARTIES AS FOLLOWS: 1. AGREEMENT. Tenant -Seller agrees to sell and convey to Buyer, and Buyer agrees to purchase and acquire from Tenant -Seller, upon the terms and for the consideration set forth in this Agreement, (a) all right, title and interest, in and to certain improvements, including fixtures and equipment (collectively " Conveyed Improvements") located in, on, or affixed in any manner to the premises Icnown Enid numbered as '1111 N Bristol Street Suite I & J Santa Ana, California ("Premises") which Premises are part of that real property described in EXHIBIT A attached hereto, located in the City of Santa Ana, Orange County, California ("Property"), and (b) any tenancy interest of Tenant -Seiler ("Tenancy Interest") in and to the Premises and the Property. The Conveyed Improvements are a part of the Premises, and specifically include, without limitation,, the items described in the list of Improvements ;Pertaining to the Realty attached hereto as EXHIBIT B. The conveyed Improvements are collectively referred to as the "Improvements.' 2. PURCHASE PRICE. The total purchase price, payable in cash through this Agreement, shall be the sum of: ONE HUNDRED SIXTEEN THOUSAND FOUR HUNDRED NINETY DOLLARS AND NO/100 CENTS ($11.6,490.00) (`Purchase Price") which is computed as follows: Value of Conveyed Improvements as shown on Exhibit B $5,490.00 Loss of Business Goodwill $111,000.00 TOTAL AMOUNT PAYABLE THROUGH THIS AGREEMENT $116,490.00 3. CONVEYANCE OF INTEREST IN REAL PROPERTY. Tenant -Seller agrees to execute a Quitclaim ,Deed in the same form as that attached hereto as Exhibit C in favor of Buyer ("Quitclaim Deed"), relinquishing, releasing, and forever quitclaiming to Buyer all right title and interest in and to the Tenancy Interest. I