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ADDENDUM 1 TO CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT AND JOINT ESCROW INSTRUCTIONS 1231 WARREN STREET UNIT #105 REDWOOD CITY, CA This ADDENDUM 1 TO CALIFORNIA RESIDENTIAL PURCHASE AGREEMENT (this "Addendum") is made by and between the City of Redwood City ("Buyer") and Rhonda Coffman ("Seller"). The following terms and conditions are hereby incorporated in and made a part of the Residential Purchase Agreement by and between Buyer and Seller dated of even date herewith (the "Purchase Agreement"), on property known as 1231 Warren Street, Unit #105 Redwood City, CA 94063 (the "Property"). 1. Purchase Price Adjustment. The Purchase Price to be paid by Buyer (referred to as the Transfer Amount in the Resale Agreement) contained in Section 3(G) of the Agreement may be increased, pursuant to Section 9b of the Resale Agreement, by the value of any substantial structural or permanent fixed improvements (improvements which cannot be removed without substantial damage to the home). Improvements need to have been: 1) Made or installed by the Seller 2) Approved in advance by the City of Redwood City; and 3) Initial costs were $500 or more The parties agree that the bamboo hardwood floors is an approved Capital Improvement and the Purchase Price shall be increased by $3,000 based on the original cost of $5,000 in 2010 depreciated over 27 years. Seller must provide documentation of the original cost to Buyer within 10 days of the Purchase Agreement. Seller's failure to timely submit documentation shall be a waiver of the Capital Improvements increment of the Purchase Price. 2. Required Repairs to Put Home in a Sellable Condition. Pursuant to Section 9b of the Resale Agreement and consistent with Section 16 of the Purchase Agreement, the Property must be put into a sellable condition and shall be inspected by Buyer or Buyer's agent or representative to determine if any repairs and cleaning need to be undertaken in order for the Property to be considered in a sellable condition. Buyer will coordinate with Seller to schedule the inspection(s). A final inspection will be conducted after the unit is vacated but no less than one (1) business day before the close of escrow to ensure all the listed repairs and cleaning items were completed. 3. Title Reports. Buyer will requires an ALTA Extended (Homeowner) Title Policy subject only to the following exceptions listed in the Preliminary Title Report issued by First American Title Company dated August 3, 2021: 1-2 (pay current); 3, 6, 10, 12. Seller agrees to remove the following exceptions 4, 5, 7-9, 11, 13. Seller may remove items 8 and 11 (the Deeds of Trust) through payoff by escrow proceeds. Buyer's Initials t•�^ a (� Seller's Initials ) (� 82483 00000\34314620 1