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Agmt99 Peninsula Habitat... (2)
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Agmt99 Peninsula Habitat... (2)
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Last modified
8/28/2012 3:07:56 PM
Creation date
5/19/2005 1:12:24 PM
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Template:
Agreement
Contractor Name
Peninsula Habitat for Humanity
PROJECT NAME
422 & 430 Lincoln Avenue
RMP File Number
304
Date
1/28/1999
Reso Ref
13546
Box
5900
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, <br /> , � <br /> { <br /> 1 <br /> ; 3 . The results of any hazardous substance site <br /> assessment to be performed at Developer' s expense on the Property <br /> do not disclose evidence suggesting the presence of any hazardous <br /> materials or environmental contamination, or if present, the same <br /> shall have been approved by Developer based on such assessment . To <br /> '� the best of the Agency' s knowledge, the Agency is unaware. of the <br /> presence of any environmental contamination. As used in this <br /> Agreement, "Agency Knowledge" is defined as the actual knowledge of <br /> Susan F. Moeller. <br /> ; <br /> 4 . The Developer must have approved the <br /> , Preliminary Title Report . <br /> Section 2 . 08 . Time and Place for Deliverv of Documents <br /> to Escrow. <br /> Subject to any mutually agreed upon written extensions of <br /> time or any extensions otherwise authorized by this Agreement, the <br /> y parties shall deposit with the Escrow Agent promptly at such time <br /> ' as such documents have been fully prepared and executed, but in no <br /> event later than ten (10) calendar days, except where a different <br /> time period is specifically provided herein, before the Closing <br /> Date, any and all documents which are required in order for the <br /> Escrow to close in accordance with this Agreement. The Grant Deed <br /> shall be prepared by the Agency, at the Agency' s expense. The legal <br /> description of the Property will be provided by the Agency, and <br /> shall encompass all of the Property shown on Exhibit "A" hereto as <br /> being a part of the Project . All other documents required to be <br /> recorded in order to permit the Close of Escrow shall be prepared <br /> by the Developer at its cost and expense. <br /> Section 2 . 09. Recordation of the Grant Deed and other <br /> Documents . <br /> When the parties have deposited into the Escrow all <br /> documents and funds as required by this Agreement,:• and all <br /> conditions for the Close of Escrow have been satisfied, �the Escrow <br /> Agent shall promptly file for recordation among the land records in <br /> the Office of the County Recorder where the Property is located: <br /> (i) the Grant Deed , (ii) the Declaration of Affordability <br /> Covenants and the Declaration of Redevelopment Covenants, and (iii) <br /> this Agreement . If a deed of trust is required in connection with <br /> � the Public Assistance, the parties agree that it shall be recorded <br /> � in first position, provided that the Agency has approved the terms <br /> � thereof in the exercise of its reasonable discretion. The Esc.row <br /> Agent shall thereafter promptly provide a conformed copy of said <br /> recorded documents to both parties, shall promptly deliver to the <br /> Developer a title insurance policy in conformity with this <br /> REDW\0006\DOC\013-6 <br /> 10 3/08/05 mvc <br />
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