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COMPLIMENTARY RECORDING REQUIRED <br />PURSUANT TO GOVERNMENT CODE <br />SECTION 27383 <br />When Recorded Mail To: <br />City of Redwood City <br />Housing and Redevelopment Division <br />P. 0. Box 391 <br />Redwood City, CA 94064 <br />7204 <br />OFFICIAL ,RECORDS OF <br />SAN MATEO COUNTY <br />ASSESSORWARREN SLQ UM RECORDER <br />Recorded at Request of <br />FIDELITY NATIONAL TITLE <br />95-056550 06/02/95 10:54 <br />� <br />Recording lBDl1ANE <br />Fee: <br />- <br />nn o' 0 SPACE, A13OVE MS LWE FOR RECORDFR-SUS <br />AAA <br />RESALE RESTRICTION AGREEMENT <br />AND OPTION TO REPURCHASE <br />t0 <br />Owner: MICHAEL ROBERT SCHWERIN, SR. AND <br />O <br />MARIA HILDA SCHWERIN, HUSBAND AND WIFE <br />C) <br />Property Address: 1201 WARREN AVENUE, REDWOOD CITY, CA 94063 ;r (J7 <br />Unit: 101 <br />This Resale Restriction Agreement and Option to Repurchase (the "Resale Agreement") is <br />entered into as of this 26TH day of MAY, 1995, by and between the City of Redwood City, a <br />municipal corporation of the State of California, (the "City") and MICHAEL ROBERT SCHWERIN, <br />SR. AND MARIA HILDA SCHWERIN, HUSBAND AND WIFE, (the "Owner"). <br />RECITALS <br />WHEREAS, the City of Redwood City has determined that it would be desirable to <br />increase the number of housing units for sale to low and moderate income First -Time <br />Homebuyers, and to assist such homebuyers in purchasing otherwise unaffordable homes; and <br />WHEREAS, the Redevelopment Agency of the City of Redwood City ("Agency") has adopted a <br />program (the "Program") under which it has entered into a Development Agreement with the <br />seller ("Developer") of the property .known as 1201 WARREN AVENUE, Redwood City, California <br />RESALE RESTRICTION AGREEMENT <br />