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RecDoc 95-055738 1255 Warren Ave.
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RecDoc 95-055738 1255 Warren Ave.
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12/27/2022 10:41:05 AM
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12/27/2022 10:40:41 AM
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Recorded Docs
Recorded Docs - Type
Agreement
Doc Num
95-055738
Rec Date
5/31/1995
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20. INVALID PROVISION <br />If any one or more of the provisions contained in this Resale Agreement shall for any <br />reason be held to be invalid, illegal or unenforceable in any respect, then such provision or <br />provisions shall be deemed severable from the remaining provisions contained in this Resale <br />Agreement, and this Resale Agreement shall be construed as if such invalid, illegal or <br />unenforceable provision had never been contained in this Resale Agreement. <br />21. CONTROLLING LAW <br />The terms of this Resale Agreement shall be interpreted under the laws of the State of California. CD <br />C!1 <br />22. NOTICES O <br />(M <br />All notices required herein shall be sent by first class mail, express delivery, or otherwise <br />required by law, to the parties at the following addresses: w <br />Co <br />To the Owner: <br />LUIS E. CARDENAS AND JANICE A. CARDENAS, HUSBAND AND WIFE <br />1255 WARREN AVENUE <br />REDWOOD CITY, CA 94063 <br />To the City: <br />Housing Coordinator <br />Executive Director of the Redevelopment Agency <br />City of Redwood City <br />P. 0. Box 391 <br />Redwood City, CA 94064 <br />City or the Owner may subsequently request in writing that notices be sent to a different <br />address, so long as notice of such change or address is delivery in accordance with the terms of <br />this Section. <br />23. INTERPRETATION OF RESALE AGREEMENT <br />The terms of this Resale Agreement shall be interpreted so as to avoid speculation on the <br />Unit and to insure to the extent possible that its purchase price and mortgage payments remain <br />affordable to persons and families of low and moderate income whose incomes do not exceed <br />eighty percent (80%) of the median income in San Mateo County. <br />12 <br />RESOLE RESTRICTION AGREEMENT <br />
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