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RecDoc 2020-058559 CONF
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RecDoc 2020-058559 CONF
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Last modified
2/5/2021 11:54:06 AM
Creation date
2/5/2021 11:36:08 AM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Improvement Agreement 353 Main St Apts
Doc Num
2020-058559
Rec Date
6/23/2020
Address
353 Main St
Parties
353 Main St Apartments LP
MO Ref
20-082
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in this Agreement. This Agreement may not be altered, amended or modified without the <br />written consent of all Parties hereto. <br />34. Oovernin Law-, Venue. This Agreement will be construed and enforced in <br />accordance with the laws of the State of California, without reference to choice of law <br />provisions. Any legal actions under this Agreement will be brought only in the Superior <br />Court of the County of San Mateo, State of California. <br />35. Authority. Each party executing this Agreement on behalf of a party <br />represents and warrants that such person is duly and validly authorized to do so on behalf <br />of the entity it purports to bind and if such party is a partnership, corporation or trustee, <br />that such partnership, corporation or trustee has full right and authority to enter into this <br />Agreement and perform all of its obligations hereunder. <br />36. Time is of the Essence. Time is of the essence of this Agreement and of <br />each and every term and condition hereof. <br />37. Runs with the Land, Recordation. This Agreement pertains to and will run <br />with the Property. Upon execution, this Agreement will be recorded in the Official Records <br />of San Mateo County. Upon completion of performance and satisfaction by Developer of <br />its obligations under this Agreement, including warranty obligations, a written statement <br />will be recorded by City in the Official Records of San Mateo County terminating this <br />Agreement and releasing all of the Property. The recorded written statement does not <br />release the Parties from obligations that survive termination of the Agreement, including <br />indemnification. <br />[Signature Page Follows] <br />IN WITNESS WHEREOF, City and Developer have executed this Agreement as <br />of the Effective Date. <br />DEVELOPER <br />353 Main Street Apartments, LP, <br />REV: 12-16-19 PR <br />ATTY/AGR.2019.315/Woodside Professional Center, LLC (Page 14 of 22) <br />
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