HomeMy WebLinkAboutSANTAMARIA, AZUCENA ANTONIOINSURANCE NOT REQUIRED
WORK MAY PROCEED
CITY CLERK
N-2024-397
DATE:JAN 0 6 2015URCHASE AND SALE AGREEMENT FOR ACQUISITION OF REAL PROPERTY
AND BILATERAL ESCROW INSTRUCTIONS
0'.PV4A(7-) \\THIS AGREEMENT (hereinafter "PSA"), entered into on November27,
din Gab"fIOc ' 024, between the CITY OF SANTA ANA, a charter city and municipal corporation duly organized
under the Constitution and laws of the State of California (hereinafter "City" or "Buyer"), and AZUCENA
ANTONIO SANTAMARIA, an individual, collectively (hereinafter "Seller"), regardless of number or
gender;
THEREFORE, for and in consideration of their mutual promises, covenants and agreements, and
subject to the terms, conditions and provisions of this PSA, Seller agrees to sell to City, and City
agrees to purchase from Seller, that certain real property (hereinafter "Said Real Property") legally
described as follows:
SEE EXHIBIT"A" - Legal Description
ATTACHED HERETO AND BY THIS REFERENCE MADE A PART HEREOF
(Commonly known as 1306 W. Saint Anne Place, Santa Ana, CA 92707)
(APN: 408-336-02)
Said purchase and sale of Said Real Property shall be in accordance with and subject to all of the
following terms, conditions, promises, covenants, agreements and provisions, to wit:
1. Conveyance by Seller. Seller agrees to convey said real property to City, by Grant Deed, at
the office of Commonwealth Land Title Insurance Company, Newport Place Drive, Suite 120, Newport
Beach, California, within sixty (60) days from and after the date on which the City has approved this
Agreement.
2. Title to be Conveyed. Seller agrees that, except as may hereinafter be otherwise expressly
provided, said real property shall be conveyed by Seller to City, as aforesaid, free and clear of any and
all conditions, restrictions, reservations, exceptions, easements, assessments, profits, limitations,
encumbrances (whether monetary or non -monetary, general or specific, including any and all leasehold
interests), liens, clouds or defects in title exceptthose exceptions shown in Paragraph 15 below. Seller
hereby warrants that the title to said real property to be conveyed by Seller to City shall be free and
clear as provided above. Seller further agrees that acceptance by City of any deed to said real property,
with or without knowledge of any condition, restriction, reservation, exception, easement, assessment,
profit, limitation, encumbrance (whether monetary or non -monetary, general or specific, and including
any and all leasehold interests), lien, cloud or defect in title, shall not constitute a waiver by City of its
right to the full and clear title hereinabove agreed to be conveyed by Seller to City, nor of any right
which might accrue to City because of the failure of Seller to convey title as hereinabove provided.
3. Title Insurance. Seller agrees to deliver to City, concurrently with the conveyance of said
real property to City, within the time and at the place hereinabove specified for said conveyance of said
real property, a policy of title insurance to be issued by the above mentioned title company, with the
City therein named as the insured, in the amount of Twenty-seven Thousand, Eight Hundred, Six
and no/100 Dollars ($27,806.00) insuring the title of the City to said real property is free and clear of
any and all conditions, restrictions, reservations, exceptions, easements, assessments, profits,
limitations, encumbrances (whether monetary or non -monetary, general or specific, and including any
and all leasehold interests), liens, clouds or defects in title, excepting such specific ones as city may
hereinafter expressly agree to take subject to. Acceptance by City of any such policy of insurance,
whether such insurance complies with the requirements of this paragraph or not, shall not constitute a
waiver by City of its right to such insurance as is herein required of Seller, nor a waiver by the City of
any rights of action for damages or any other rights which may accrue to City by reason of the failure
of Seller to convey title or to provide title insurance as required in this Agreement.
4. Escrow. City agrees to open an escrow at the office of Commonwealth Land Title Insurance
Company, Newport Place Drive, Suite 120, Newport Beach, California, (the Escrow Agent) within five
(5) days from and after the date on which the City has approved this Agreement. This Agreement
constitutes the joint escrow instructions of the City and the Seller and a duplicate original of this
Agreement shall be delivered to the Escrow Agent upon the opening of the escrow. Escrow to close
within sixty (60) days of the City's execution of this Agreement. If escrow is not in a condition to close
by the Close of Escrow, and failure to close is due to unforeseen conditions of title or interest of third
parties in the Property that cannot be resolved in Escrow, then buyer may, at its option, request
cancellation of escrow and this Agreement and return of any funds it has deposited into escrow.
Thereupon, all obligations and liabilities of the Parties under this Agreement shall cease and terminate.
If no such request is made, Escrow shall be closed as soon as possible thereafter, Buyer shall be
entitled to possession of the Property immediately upon close of Escrow.
The Escrow Agent hereby is empowered to act under this Agreement, and upon indicating its
acceptance of this Section 4 and of the General Provisions described in Exhibit "B" attached hereto
and incorporated herein by this reference, in writing, delivered to the City and to the Seller within five
(5) days after delivery of this Agreement, shall carry out its duties as Escrow Agent hereunder.
City agrees to bear and Escrow Agent is hereby authorized to charge to the City the cost of any transfer
taxes, recording fees, cost of title insurance, re -conveyance fees, document preparation fees, escrow
fees and any other closing costs incidental to the conveying of said real property to City. Penalties for
prepayment of bona fide obligations secured by any existing deed of trust or mortgage shall be waived
pursuant to Civil Code Procedures Section 1265.240.
The liability to the Escrow Agent under this Agreement is limited to performance of the obligations
imposed upon it under Section 4, Section 6, Section 8 and Exhibit "B" of the General Provisions of
this Agreement.
5. P 9j1grty Taxes. Such real property taxes, if any, on said real property for the fiscal year within
which said real property is conveyed to City as are unpaid at the time of said conveyance shall be
cleared and paid in accordance with the provisions of Section 4966 of the Revenue and Taxation Code
of the State of California. Seller shall be eligible for a refund under Section 5096.7 of the Revenue and
Taxation Code of the State of California for that portion of property taxes on said real property for said
fiscal year which have been paid prior to the date the deed conveying said real property to City is
recorded which is allocable to that portion of the fiscal year which begins on the date the deed
conveying said real property to City is recorded and made uncollectible if unpaid by reason of Section
5086 of the Revenue and Taxation Code of the State of California. To the extent that Seller has prepaid
any taxes or assessments attributable to the Property; Seller shall be solely responsible for obtaining
any refund due thereon from the taxing authority. Upon written request, Buyer shall assist Seller, at
Seller's sole cost, in obtaining said refund, if any; however, in no case shall Buyer credit or otherwise
pay Seller for that refund, if any, through or outside of Escrow.
All unpaid taxes on said real property for any and all years prior to the fiscal year within which said
conveyance is made shall be paid by Seller before conveyance of said real property to City.
6. Payment of Purchase Price. City agrees to pay to Seller, and Seller agrees to accept from
City, as and for the full purchase price for said real property and temporary occupancy, for the total
sum of Thirty Thousand, Three Hundred, Thirty-eight and no/100 Dollars
($30,338.00). The sum of Twenty-seven Thousand, Eight Hundred, Six and no/100 Dollars ($27,806.00)
is compensation for the certain real property and improvements as shown in Exhibit W. The sum of
Two Thousand, Five Hundred, Thirty-two and no/100 Dollars
($2,532.00), is compensation for the temporary occupancy of the property, which shall have a duration
of 18 months, and is described and shown as attachment (Exhibits "C" and "D") to the Temporary
Construction Easement deed. City agrees to deposit said purchase price in escrow with the Escrow
Agent within THIRTY (30) days from and after the date on which the City has approved this Agreement,
and the Escrow Agent is hereby authorized to pay the same to Seller upon and after:
(a) Conveyance of said real property by Seller to City as hereinabove provided;
(b) Acceptance by City of a Grant Deed conveying said real property to City;
(c) Delivery to City of the policy of title insurance as hereinabove provided;
(d) Recordation of the Deed conveying said real property to City.
7. Possession. Seller agrees to deliver to City, on the date the Deed conveying said real property
to City is recorded, quiet and peaceful possession of said real property, which shall be made free by
Seller of all personal property.
8. Rental and Occupancy By Seller. Seller agrees to execute a complete, current and correct
statement of rentals (Seller Estoppel) on a form furnished to Seller by City and deliver same to City
within fifteen (15) days hereof with copies of any written leases or rental agreements attached. All rents
will be prorated as of the close of escrow on the basis of a 30-day monthl365-day year consistent with
that statement, subject to approval of City. Seller hereby agrees not to rent any units on the premises
which are vacant as of the date that this agreement is executed by seller, or which may be vacated by
present occupants prior to close of escrow. In return, the City agrees to reimburse seller lost rentals
incurred by keeping units vacant through the close of escrow. Seller agrees that any and all Tenant
Security Deposits pertaining to the subject property collected by or in the possession of Seller prior to
the close of escrow shall be transferred to and become the property of City during escrow.
Seller hereby warrants that the rental statement referred to shall include the terms of all rental
agreements, tenancies, and leases (written, unwritten, recorded, or unrecorded) and Seller agrees to
hold City harmless from all liability from any such leases or agreements. Seller also warrants that there
are no oral or written leases on all or any portion of the subject property exceeding a period of one
month.
9. Waivers. The waiver by City of any breach of any covenant or agreement herein contained on
the part of the Seller shall not be deemed or held to be a waiver of any subsequent or other breach
of said covenant or agreement nor a waiver of any breach of any other covenants or agreements
contained herein.
10. Heirs Assigns. SuccessoXs-in-Interest. This PSA, and all the terms, covenants and
conditions hereof, shall apply to and bind the heirs, executors, administrators, successors and assigns
of the respective Parties hereto.
11. Ili r1e is of the Essence. In all matters and things hereunder to be done and in all payments
hereunder to be made, time is and shall be of the essence.
12. Just Compensation. Seller acknowledges and agrees that said purchase price is just
compensation at fair market value for said real property.
13. Acknowledgment of Full Benefits and Release.
A. By execution of this Agreement, Seller, on behalf of himself, his heirs, executors, administrators,
successors and assigns, hereby acknowledges that this Agreement provides full payment for
the acquisition of the Property by Buyer, and Seller hereby expressly and unconditionally waives
any claim for compensation for injury to the remainder ("severance damages");
precondemnation damages; claims for inverse condemnation; loss or impairment of any "bonus
value" attributable to any lease; damage to or loss of improvements pertaining to the realty; any
right to repurchase, leaseback from Seller, or receive any financial gain from, the sale of any
portion of the Property , or challenge Buyer's adoption of a resolution of necessity, pursuant to
Code of Civil Procedure sections 1245.245; any right to receive any notices pursuant to Code
of Civil Procedure section 1245.245; any right to enforce any other obligation placed upon Seller
pursuant to Code of Civil Procedure sections 1245.245, 1263.025 and 1263.615; any other
rights conferred upon Sellers pursuant to Code of Civil Procedure sections 1245.245 and
1263.615 and 1263,025; and attorney's fees and costs. It being understood that this is a
complete and full settlement of all acquisition claims, liabilities, or benefits of any type or nature
whatsoever relating to or in connection with the acquisition of the Property by Buyer. This
release shall survive the Close of Escrow.
B. This Agreement arose out of Buyer's efforts to acquire the Property through its municipal
authority. Seller, on behalf of himself, his heirs, executors, administrators, successors and
assigns, hereby fully releases Buyer, its successors, agents, representatives (including
attorneys), and assigns, and all other persons and associations, known or unknown, from all
claims and causes of action by reason of any damage which has been sustained by Seller, or
may be sustained by Seller, as a result of Buyer's efforts to acquire the Property or to construct
the works of improvement thereon, or any preliminary steps thereto. This Agreement does not,
and shall not be construed to, require Seller to indemnify Buyer for damages which may arise
as a result of Buyer's efforts to construct improvements on the Property.
This acknowledgment and release shall survive the Close of Escrow
14. Notices. The mailing address of the City of Santa Ana is 20 Civic Center Plaza, M-36, P.O.
Box 1988, in the City of Santa Ana 92701, County of Orange, State of California. The mailing address
of the Seller is 1305 W. Saint Anne Place, Santa Ana, CA 92707.
15. Exceptions, City agrees to accept title to said real property subject to the following: NONE.
16. Entire Aareement. It is mutually agreed that the Parties hereto have herein set forth the
whole of their Agreement. Performance of this PSA by City shall lay at rest, each, every, and all
issue(s) that were raised or could have been raised in connection with the acquisition of Said Real
Property by City.
17. Hazardous Waste. Neither Seller nor, to the best of Seller's knowledge, any previous owner,
tenant, occupant, or user of the Property used, generated, released, discharged, stored, or disposed
of any hazardous waste, toxic substances, or related materials ("Hazardous Materials") on, under, in,
or about the Property, or transported any Hazardous Materials to or from the Property. Seller shall not
cause or permit the presence, use, generation, release, discharge, storage, or disposal of any
Hazardous Materials on, under, in, or about, or the transportation of any Hazardous Materials to or from,
the Property. The term "Hazardous Material" shall mean any substance, material, or waste which is or
becomes regulated by any local governmental authority, the State of California, or the United States
Government, including, but not limited to, any material or substance which is (i) defined as a "hazardous
waste", "extremely hazardous waste", or "restricted hazardous waste" under Section 25115, 25117 or
25122.7, or listed pursuant to Section 25140 of the California Health and Safety
Code, Division 20, Chapter 6.5 (Hazardous Waste Control Law), (ii) defined as "hazardous substance"
under Section 25316 of the California Health and Safety Code, Division 20, Chapter 6.8 (Carpenter -
Presley -Tanner Hazardous Substance Account Act), (iii) defined as a "hazardous material", "hazardous
substance", or "hazardous waste" under Section 25501 of the California Health and Safety Code,
Division 20, Chapter 6.95 (Hazardous Materials Release Response Plans and Inventory), (iv) defined
as a "hazardous substance" under Section 25281 of the California Health and Safety Code, Division
20, Chapter 6.7 (Underground Storage of Hazardous Substances), (v) petroleum, (vi) asbestos, (vii)
polychlorinated biphenyls, (viii) listed under Article 9 or defined as "hazardous" or "extremely
hazardous" pursuant to Article 11 of Title 22 of the California Administrative Code, Division 4, Chapter
20, (ix) designated as a "hazardous substances" pursuant to Section 311 of the Clean Water Act, (33
U.S.C. S1317), (x) defined as a "hazardous waste" pursuant to Section 1004 of the Resource
Conservation and Recovery Act, 42 U.S.C. S6901 gt sea. (42 U.S.C. S6903) or (xi) defined as a
"hazardous substances" pursuant to Section 101 of the Comprehensive Environmental Response,
Compensation, as amended by Liability Act, 42. U.S.C. S9601 et sea. (42 U.S.C. S9601).
18. Comaliance With Environmental Laws To the best of Seller's knowledge the Property
complies with all applicable laws and governmental regulations including, without limitation, all
applicable federal, state, and local laws pertaining to air and water quality, hazardous waste, waste
disposal, and other environmental matters, including, but not limited to, the Clean Water, Clean Air,
Federal Water Pollution Control, Solid Waste Disposal, Resource Conservation Recovery and
Comprehensive Environmental Response Compensation and Liability Acts, and the California
Environment Quality Act, and the rules, regulations, and ordinances of the city within which the subject
property is located, the California Department of Health Services, the Regional Water Quality Control
Board, the State Water Resources Control Board, the Environmental Protection Agency, and all
applicable federal, state, and local agencies and bureaus.
19. Indemnity. Seller agrees to indemnify, defend and hold the City harmless from and against
any claim, action, suit, proceeding, loss, cost, damage, liability, deficiency, fine, penalty, punitive
damage, or expense (including, without limitation, attorneys' fees), resulting from, arising out of, or
based upon (i) the presence, release, use, generation, discharge, storage, ordisposal of any Hazardous
Material on, under, in or about, or the transportation of any such materials to or from, the Property, or
(ii) the violation, or alleged violation, of any statute, ordinance, order, rule, regulation, permit, judgment,
or license relating to the use, generation, release, discharge, storage, disposal, or transportation of
Hazardous Materials on, under, in, or about, to or from, the Property. This indemnity shall include,
without limitation, any damage, liability, fine, penalty, punitive damage, cost, or expense arising from or
out of any claim, action, suit or proceeding for personal injury (including sickness, disease, or death,
tangible or intangible property damage, compensation for lost wages, business income, profits or other
economic loss, damage to the natural resource or the environment, nuisance, pollution,
contamination, leak, spill, release, or other adverse effect on the environment). This indemnity extends
only to liability created prior to or up to the date this escrow shall close. Seller shall not be responsible
for acts or omissions to act post close of this escrow.
20. Continaencv. It is understood and agreed between the parties hereto that the completion of
this transaction, and the escrow created hereby, is contingent upon the specific acceptance and
approval of the City herein. The execution of these documents and the delivery of same to Escrow
Agent constitute said acceptance and approval.
21. Modification and Amendment. This PSA may not be modified or amended except in writing
signed by the Seller and City.
22. Partial Invalidity. Any provision of this PSA that is unenforceable or invalid or the conclusion
of which would adversely affect the validity, legality, or enforcement of this PSA shall have no effect,
but all the remaining provisions of this PSA shall remain in full force.
23, Caplions. Captions and headings in this PSA, including the title of this PSA, are for
convenience only and are not to be considered in construing this PSA.
24. Govgrnina Law. This PSA shall be governed by and construed in accordance with the laws
of the State of California.
25. No Reliance By One Party On The Other, Each party has received independent legal advice
from its attorneys with respect to the advisability of executing this PSA and the meaning of the
provisions hereof. The provisions of this PSA shall be construed as to their fair meaning, and not for or
against any party based upon any attribution to such party as the source of the language in question.
26. No Third Party Beneficiary, This PSA is intended to benefit only the Parties hereto and no other
person or entity has or shall acquire any rights hereunder.
27. Duty To Coonerate Further, Each party hereby agrees that it shall, upon request of the other,
execute and deliver such further documents (in form and substance reasonably acceptable to the party
to be charged) and do such other acts and things as are reasonably necessary and appropriate to effectuate
the terms and conditions of this PSA, without cost.
28. Applicability of Agreement To Assignees This PSA shall be binding upon and shall inure to
the benefit of the successors and assigns of the Parties to this PSA.
29. Authority to Execute Agreement. Each undersigned represents and warrants that its signature
herein below has the power, authority and right to bind their respective parties to each of the terms of this
PSA, and shall indemnify City fully, including reasonable costs and attorney's fees, for any injuries or
damages to City in the event that such authority or power is not, in fact, held by the signatory or is
withdrawn.
30. Incorporation of Exhibitg, All Exhibits referenced herein and attached hereto shall be
incorporated as if fully set forth in the body of this PSA.
IN WITNESS WHEREOF, the Parties hereto have executed this Purchase and Sale Agreement on
the date and year first written above.
SELLER:
"4'70[.eYlcL- /44�mIa S Date:,2024
Azucena Antonio Santamaria, an individual
CITY OF SANTA ANA:
City/Buyer
Date: I L& Z r an
Alvaro Nunez
City Manager
ATTEST:
Date:
Jennifer L. II
e uncil
APPROVED AS TO FORM:
Date: November 27, 2024
K;4e Nellesen
Assistant City Attorney
RECOMMENDED FOR APPROVAL:
"� V5 Liti Date: tZ t t , 2024
(1`1961I Saba
Executive Director
Public Works Agency
EXHIB.IT'A'
LEGAL DESCRIPTION FOR
RIGHTOF WAY PURPOSES — AP No. 408-336-02
IN THE CITY OF SANTA ANA, COUNTY OF ORANGE,, STATE OF CALIFORNIA, BEING
A PORTION OF LOT 17 OF TRACT NO. 2209, PER MAP RECORDED IN BOOK 64,
PAGES 25 AND 26 OF MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY
RECORDER OF SAID COUNTY, SAID PORTION NORTHERLY OF THE FOLLOWING
DESCRIBED LINE;
COMMENCING A THE INTERSECTION OF ST. ANNE PLACE AND BRISTOL STREET,
AS SAID INTERSECTION IS SHOWN ON SAID MAP;
THENCE, ALONG SAID CENTERLINE OF ST. ANNE PLACE, NORTH 88°13'46"WEST,
159.86 FEET;
THENCE, PERPENDICULAR TO SAID CENTFRLINE, NORTH 1°46'14" EAST, 30.00
FEET, TO A POINT ON THE SOUTH LINE OF LOT 20 OF SAID TRACT, SAID POINT
BEING ON A NON -TANGENT CURVE, CONCAVE NORTHWESTERLY, HAVING A
RADIUS OF 95.00 FEET, A RADIAL LINE OF SAID CURVE RUNNING THROUGH SAID
POINT HAVING A BEARING OF SOUTH 20021'47" EAST, SAID POINT ALSO BEING
THE TRUE POINT OF BEGINNING;
THENCE, NORTHEASTERLY ALONG SAID CURVE AN ARC DISTANCE OF 15.09 FEET
THROUGH A CENTRAL ANGLE OF 9005'55" TO A POINT OF REVERSE CURVATURE,
SAID REVERSE CURVE BEING CONCAVE SOUTHERLY, WESTERLY, AND
NORTHERLY, HAVING A RADIUS OF 43.00 FEET;
TIIENCE, EASTERLY, SOUTHERLY, AND WESTERLY ALONG SAID CURVE AN ARC
DISTANCE OF 181,97 FEET THROUGH A CENTRAL ANGLE OF 242027'52" TO A
POINT OF REVERSE CURVATURE, SAID REVERSE CURVE BEING CONCAVE
SOUTHWESTERLY, HAVING A RADIUS OF 95.00 FEET;
THENCE, NORTHWESTERLY ALONG SAID CURVE AN ARC DISTANCE OF 15.09
FEET THROUGH A CENTRAL ANGLE OF 9005'55" TO A POINT IN THE NORTH LINE
OF SAID LOT 17, SAID POINTBEING THE TERMINUS OF THE LINE BEING
DESCRIBED HEREIN.
CONTAINING AN AREA OF 274 SQUARE FEET, MORE OR LESS.
ALL AS SHOWN ON EXIIIBIT `B', ATTACHED HERETO AND BY THIS REFERENCE
MADE A PART HEREOF.
SUBJECT TO COVENANTS, CONDITIONS, RESTRICTIONS, RESERVATIONS,
EASEMENTS OF RECORD, AND RIGHTS OF WAY, IF ANY.
THIS DESCRIPTION HAS BEEN
PREPARED BY ME ON rk
�0\AN0$11
SEPTEMBER 24, 2015ANTHONY C. CUOMO, PLS 6042 J Cuomo
No. 42
fgTF OF CAL1T�%
EXHIBIT "B" (Commonwealth Land Title Company)
GENERAL ESCROW PROVISIONS
All disbursements shall be made by Escrow's check. All funds received in this escrow shall be deposited
in one or more of your general escrow accounts with any bank doing business in the State of California
and may be transferred to any other general escrow account or accounts. The expression "close of
escrow" means the date on which instruments referred to herein are filed for record. All adjustments
are to be made on the basis of a 30-day month. Recordation of any instruments delivered through this
escrow, if necessary or proper in the issuance of a policy of title insurance called for, is hereby
authorized.
There shall be no proration of any existing insurance policies in this escrow.
You are to furnish a copy of these instructions, amendments thereto, closing statements and/or any
other documents deposited in this escrow to the lender or lenders, the real estate broker or brokers
and/or the attorney or attorneys involved in this transaction upon request of such lenders, brokers or
attorneys.
Should you before or after close of escrow receive or become aware of any conflicting demands or
claims with respect to this escrow or the rights of any of the parties hereto, or any money or property
deposited herein affected hereby, you shall have the right to discontinue any or all further acts on your
part until such conflict is resolved to your satisfaction, and you shall have the further right to commence
or defend any action or proceedings for the determination of such conflict. The parties hereto jointly
and severally agree to pay all costs, damages, judgments and expenses, including reasonable
attorney's fees, suffered or incurred by you in connection with, or arising out of this escrow, including,
but without limiting the generality of the foregoing, a suit in interpleader brought by you. In the event
you file a suit in interpleader, you shall ipso facto be fully released and discharged from all obligations
imposed upon you in this escrow.
If for any reason funds are retained or remain in escrow, you are to deduct therefrom a reasonable
monthly charge as custodian thereof of not less than $10.00 per month.
Time is declared to be the essence of these instructions. If you are unable to comply within the time
specified herein and such additional time as is required to make an examination of the official records,
you will return all documents, money or property to the party entitled thereto upon satisfactory written
demand and authorization. Any amendment of and/or supplement to any instructions must be in writing.
The seller agrees to sell and the buyer agrees to buy the property herein described upon the terms
hereof.
These escrow instructions, and amendments hereto, may be executed in one or more counterparts,
each of which independently shall have the same effect as if it were the original, and all of which taken
together shall constitute one and the same instruction.