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38. Runs with the Land: Recordation. This Agreement pertains to and sha11 run with the <br /> Property.Upon execution,this Agreement shall be recorded in the Official Records of San Mateo County. <br /> Upon completion of performance and satisfaction by Developer of its obligations under this Agreement, <br /> including warranty obligations, a written statement shall be recorded by City in the Official Records of <br /> San Mateo County terminating this Agreement and releasing all of the Property. The recorded written <br /> statement does not release the parties from obligations that survive termination of the Agreement, <br /> including indemnification. <br /> IN WITNESS WHEREOF,City and Developer have executed this Agreement as of the Effective <br /> Date. <br /> DEVELOPER <br /> CLASSIC RWC 1856,L.P. <br /> a Califomia limited partnership <br /> • By:Classic Communities,Inc. <br /> Its: General Partner <br /> Name: <br /> Adam Kates,Vice President <br /> [S�tgnature must be notarizedJ <br /> CITY <br /> CITY OF REDWOOD CTTY,a <br /> charter city and municipal corporation <br /> b�f Robert B.B ,C Man ger <br /> [ ' atur must e notarizedJ <br /> TT T <br /> Silvia mden,City Clerk <br /> REV:06-OS-14 VR <br /> Pag 12 19 <br /> ATTY/AGR.2014.090/RWC 1856_755 Brewster(IA) <br />