25F - AGMT PROPERTY EXCHANGE - Laserfiche WebLink

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AGREMENT FOR EXCHANGE OF REAL PROPERTY This Agreement for Exchange of Steal Property ("Agreement") is entered as of the � day of Ilil 2018, by and between the CITY OF SANTA ANA, a charter city and municipal cerporatlon duly organized urjder the Constitution and lbws of the State of California ("City"), and DIANNE ROSE ME, NDEZ, an individual ("Mendcz'J. The City and Mendez are hereinafter sometimes referred to collectively oa the "Parties." UCITALS A. City owns certain real property commonly known as Orange County Assessor Parcel Nos. (APN) 405-065-18, 405.065-1.9, and 405-065-38, located at 51.0-518 N, Bristol Street, in the City of Santa Ana, County Of Orange, State of California, as more particularly described and depicted in the Legal Description attached hereto as Exhibits "A-1" through "A-3" and incorporated herein by reference ("City Property'. B. The Grant Deeds for the City Property, are attached hereto as Exhibits "B-1" through "$�3" and incorporated herein by reference. C. The City Property was aoquired by the City as part of the Second Street to Civic Center Drive Phase of the Bristol Street Improvement Project. D. Mendez mums oortain real ,property commonly known as Orange County Assessor ;Parcel No. 015- 194-28, located at 2223, S. Bristol Street, in the City of Santa Ana, County of. Orange, State of California, as more particularly described and depicted in the Legal Description attached hereto as Exhibit "C" and incorporated herein by reference ("Mendez Property„) E. A copy of the Grant Deed for the 'Mendez Property, fled with the County of Orange as Document No. 2002001100330, is attached hereto as Exhibit "Ir and incorporated herein by reference. P. The Parties desire by this Agreement to provide the terms and conditions for the exchange of fee interests in the City Property and the Mendez Property. THEREFORE, for and in consideration of their mutual promises, covenants and agreements, and subject to the terms, conditinns and provisions of this Agreement, the Parties agree as follows: 1. Exchange of Real Property 1.1. Convevance bi City. City agrees to convey the City Property to Mendez by Grant Deed, and Mendes agrccs to accept the name from the City. 1.1n_v_eyance by Mendez. Mendez agrees to:convoy the Mendez Property to City. by Grant Deed, and City agrees to accept the same from Mendez. 1.3. Title Convevaaee. The Partics agrue that, cxoupt as may hereinafter be othorwisc oxpressly provided, the real properties subject to this Agreement shall be conveyed by the Parties, as Pry&n 1 006 Exhibit 3 25F-7