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A~~ 30 00 01:4710 650 595 3976; 415-685-1799 08/28/00 12:52; JillIA-lf462;Page 6/B 1'.7 - I\eo. ~"ed: Sent by: JACKSON BOLGARD 415-685-1789 8/221 0 ,o:~~; 4'6 886 '788 .~ ~AO~60N DO~GA"O¡ p&g. ~ p.J & A ..~ Rue 22 00 03:52p , CaJifomia ,2000 Deed No. REAl~PROPERTYPVRCHÅSECONTRACT Document No. ~ in the fonn of 11 Grant Deed has been executed and de1iv~red to Michael Church. E~ecutive Direclor .of The Redcve1apmcnt Agency .of the City of RÞdw.ood CIty ("Agency"). by The Rosalee Davies Trust (MGrantOr(s)"). In consideration of which. and the oth~ considerations hereinaflef set forth, It IS ml.ltUally agreed as faHows: 1. 1 3. The Agency and GrantOr(s) ("parties") have herein set forth the whole .of their agreement. The , ~rfonnance of this agrecmc:nt consútU~s the entire consideration far slUd document and, shall relIeve the Agency of 1S11 further obligations or claims on this account. Or on account of the locanon. implementation. construction or operation of the proposed public improvement except as otherwise provided herein, The Agency shall pay [he sum of 52,115,000 for the property described as 1) 1502 S. EI Camino APN 053.093,130; 2) 1540 EI Camino, APN 053.093-140; 3) 124 Lincoln Ave., APN 053-093-070; 4) 130 l.incoln Ave., APN 053.093-080, and which is me subjcct of Grant D~ h~rejn 10 the CoHo""in; title company: First American Title Cömpany. 555 Marshall Streel., Redwood City, CaUfamia. Escrow Na. for the account of Orantor(s). conditioned upon the property vesting in \h: Agency tree and clear of aU liCO$, leases; encumbrances. casements (recorded and/or unrerorded). assessmenLS and taXes, except taXes for the fiscal year in which this escrow closes shall be prorated and paid at the close of escrow. AnycWTcnt taxes that cannot be prorated and paid shall be cleared and paid in the manner required by secúon 4986 of the Revenue and Tuation Code and/or as hereinafter provided. 4. Grantor(s) wanan1 that there are no oral or written leases on all or any portion of the property exceeding a period of one month. and Grantor(s) funher agree to hold the Agency harmless and reimburse As~ncy for any and all of itS losses and expenses occasioned by reason of any lease of said propcny h:lò by any tenant of grantor for ð period cxccc:ding one month, excepting therefrom any expense~ Agency incurs resulting from its obligaùons for relocation assistance ben.:flU which may arise by reason of Article 9 of Chapter 4 of Division 24 of the: Health and Safety Code of the State of California. .or by reason of Chapler 16 of division 7 of Tille 1 of the Govçmm~ru Code of me State of California. or by reason of the federaJ act enútled "Urùfonn ReJocation Assiswice and Real Propeny Acquisitian Policies Act of 1970" (Public Law 91-646), as amended. or by reason of any law or regulation of the United Stares of Amencii or the State of Calitomia. Grantor(s) acknowledge an~ agree that GranlOr(s) are not entitled to receive any compensation for relocau~n. fixtures and equIpment c;>r goodwill and further agree to execute qui I claim deed,. if appropna1e. for any such propen)' IDterestS. 5. GranlOr(i) aclcnowleå~c an~ agree t.hat Agency ha~ ~a~isfied alllegaJ requirements imp()li~ by Chapter 16 (commencing wUn SectIon 7260) of Dlvll;lon 7 of Tille 1 of the Oovern~nt Code wiJh a partjc~lar reference to Section 7261, 7267.1 and 7267.2, and Grantnr(s) agree to voluntarily and Icn~wm:ly release and forever dIscharge Agency and its successors and assigned. tro~ aJ1Y and Ail! o;hums or dama.sestor relocation tiSi5tanCC ben~fits which may arise by reason of Arti<:le 9 of Chapter 4 of DIYI~l~n 24 .of t~e Health and Safety Code of the SLate of CaJifomia. or 1»' reason of Chapter 16 ot div~GIOn 7 o~ Title I of the GovCl1Jm~nt Code of the State of California, or by rCj1»on of the f~era1 ~t enbtled "Uniform Re1ocaùon Assistance and Real Properry Acquisition P()licies Act of 1970 . (Pubhc Law 91-646), as am~ded. or by reason of any law or regulation of the United Stares of Amc::ncii or the State of Czalifomiza. PAge 1 of 3 . ".I-""~"" .....