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RECORDING REQUESTED BY:
<br />City of Redwood City
<br />When Recorded Mail Document
<br />and Tax Statement To:
<br />City of Redwood City
<br />1017 Middlefield Road
<br />Redwood City CA 94063
<br />Attention: City Manager
<br />2009-083463
<br />FIDELITY NATIONAL TITLE
<br />08:00am 06/25/09 DE Fee: 21.00
<br />Count of pages 5
<br />Recorded in Official Records
<br />County of San Mateo
<br />Warren Slocum
<br />Assessor -County Clerk -Recorder
<br />11111111 h 1111111111111111111111111111 1II11 11111111111111111
<br />FA) -r * 2 0 0 9 0 0 8 3 4 6 3 A R
<br />'tel 57 AIn
<br />APN: 052-392-160, 052-392-170, 052-342-550 and 052-392-560 SPACE ABOVE THIS LINE FOR RECORDER'S USE
<br />GRANT DEED Deeding to a public entity
<br />
<br />The undersigned grantor(s) declare(s)
<br />Documentary transfer tax is $ 0.00
<br />[ X ] computed on full value of property conveyed, or
<br />[ ] computed on full value less value of liens or encumbrances remaining at time of sale,
<br />[ ] Unincorporated Area City of Redwood City,
<br />FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
<br />Lone Star California, Inc., which acquired title as Lonestar California Inc., a Delaware corporation ("Grantor")
<br />hereby GRANT(S) to
<br />The City of Redwood City, a charter city and municipal corporation of the State of California ("Grantee")
<br />the following described real property in the City of Redwood City, County of San Mateo, State of California (the
<br />"Property"):
<br />SEE EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF
<br />together with all easements, oil and gas rights, water, water rights, air rights, development rights and privileges
<br />appurtenant thereto, and mineral rights to the extent held by Grantor, and all appurtenances, fixtures, and improvements,
<br />if any, on the Property.
<br />This conveyance is made and accepted expressly subject to any and all restrictions, encumbrances, easements,
<br />covenants, and previously conveyed or reserved mineral and royalty interests, if any, relating to the Property as described
<br />in attached Exhibit A, but only to the extent they are still in effect and shown of record in the real estate records of San
<br />Mateo County, California, and to all zoning laws, regulations, and ordinances of municipal and/or governmental authorities,
<br />if any, having jurisdiction over the Property.
<br />USE RESTRICTION: As a material inducement to Grantor's agreement to sell the Property to Grantee, for a
<br />period of twenty (20) years following the date of recordation of this Grant Deed (the "Document Date', Grantee and its
<br />heirs or assigns shall not develop, use or operate the Property, or permit the Property to be used, developed or operated,
<br />for the purpose of producing or manufacturing for sale or distribution of ready -mix concrete, concrete aggregates, fly ash,
<br />slag, cement, concrete block, asphalt, pipe, cementitious material or other products competitive with those sold or
<br />furnished by Grantor (the "Use Restriction"). Grantor shall have the right to enforce, by proceedings at law or in equity,
<br />the restrictions and covenants imposed by this provision including the right to prevent the violation of such restrictions and
<br />covenants, and the right to recover damages or other amounts due for such violation. Grantee acknowledges that breach of
<br />MAIL TAX STATEMENTS AS DIRECTED ABOVE
<br />FD -213 (Rev 12/07) GRANT DEED
<br />(grant)(12-07)
<br />
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