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<br />r <br /> <br />.' , <br /> <br />. <br /> <br />. <br /> <br />DES:yc~1/28/70 <br /> <br />GRANT DEED <br /> <br />THE CI'rY OF RED\vQOD CITY, a municipal corporation of the <br /> <br />state of California (hereinc:~ft.er called Grantor), hereby grants <br /> <br />to LAND DEVELOPl,'lEN'r AND INVES1'l'1ENT CONPANY (hereinafter called <br /> <br />Grantee), \vithout v.'arranty, express or implied, and subject to <br /> <br />the reservations, covenants and ~grcements hereihafter set forth, <br /> <br />all ,that real property situate in the city of Redwood City, <br /> <br />County of San Mateo,-state of California, more particularly <br /> <br />described as fo1"10\'l8: <br /> <br />FA strip of land 9.16 feet y,d.de I tbe centerline of which <br />is dcscr wed as fol10'-;3: <br /> <br />BEGINl"~It~G at., a poin.t in -the n01.4trlcrly line of BrOctdway, <br />dist:ant: the:cc:;on S. 86 () /.8' 54" 1'-7. 235..11 feet :Erc~n -r.be <br />intl:~rsect:ion of said no:r.tl1erly linc of Broacl\..~ay vd,th <br />the northwesterly line of Chest.nu.t Str2et; runni.ng . <br />thE::!1cc:: N. 30 311 0611 Vi. 100 ree:1-: to the southerly <br />line of a P2:oposed alley parallel vlith and 100 fc~et <br />no:ctl1e.rly from said line qf Broadway. <br /> <br />RESERVING TH~REIN to Grantor a perpetual right, privilege, <br /> <br />easement and right of \'lay to excavate, construct., ma ini.:a in , <br /> <br />repair, improve and use underground ~torm drainage pipes, conduits, <br /> <br />facilities and utilities, tcv.Jether wi th appurtenances thereto, <br /> <br />as Grantor shall from time to time elect \vithin any part or: al.l <br /> <br />of the above described real property. Gran.tee, for and on bebalf <br /> <br />of itself, i i::.s 81.1 cces sors, transferees, grantees tind o.ss ign5, <br /> <br />hereby covenant:s and agrees tha t no buildings (whether temporary' <br /> <br />or perrr.anent) or any perrr.ancnt: structure or improvement of any <br /> <br />kind or nat.ure '\'lbatsoever shall be constructed, placed, or <br /> <br />installed in, over, or upon the above described real property <br /> <br />subject to the easernent'}1crein described; P17ovided, hO'ldeVel:', that. <br /> <br />paved sidewalks and/or pavements for pedestrian and vehicular <br /> <br />EXHIBlrr 1.\ <br />