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RecDoc 2015-125732 IA 718 Canyon Road_761, 763, 765 Bain Place_IA_11302015
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RecDoc 2015-125732 IA 718 Canyon Road_761, 763, 765 Bain Place_IA_11302015
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Last modified
1/5/2016 8:15:42 AM
Creation date
11/30/2015 11:54:44 AM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Improvement Agreement
Doc Num
2015-125732 CONF
Rec Date
11/30/2015
Address
718 Canyon Rd and 761, 763 and 765 Bain Pl
Parties
Ernst Development Corp
MO Ref
15- 159
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34. Entire Agreement. The terms and conditions of this Agreement constitute the entire <br /> agreement between City and Developer with respect to the matters addressed in this Agreement. This <br /> Agreement may not be altered, amended or modified without the written consent of all parties hereto. <br /> 35. Governing Law; Venue. This Agreement shall be construed and enforced in accordance <br /> with the laws of the State of California, without reference to choice of law provisions. Any legal actions <br /> under this Agreement shall be brought only in the Superior Court of the County of San Mateo, State of <br /> California. <br /> 36. Authority. Each party executing this Agreement on behalf of a party represents and <br /> warrants that such person is duly and validly authorized to do so on behalf of the entity it purports to bind <br /> and if such party is a partnership, corporation or trustee, that such partnership, corporation or trustee has <br /> full right and authority to enter into this Agreement and perform all of its obligations hereunder. <br /> 37. Time is of the Essence. Time is of the essence of this Agreement and of each and every <br /> term and condition hereof. <br /> 38. Runs with the Land; Recordation. This Agreement pertains to and shall 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 /> [Signature Page Follows] <br /> ATTY/AGR/2015.127/ 718 CANYON SUBDIVISION IMPROVEMENT AGREEMENT <br /> REV:06-22-15 VR <br /> Page 12 of 20 <br />
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