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r <br /> 4. Effect. Seller and Buyer have executed and recorded this Memorandum for the <br /> purpose of imparting notice of the Purchase and Sale Agreement and the respective rights and <br /> obligations of Seller and Buyer thereunder. The obligations of Seller and Buyer to be performed <br /> under the Purchase and Sale Agreement and this Memorandum, whether to be performed on the <br /> Property or elsewhere and whether such obligations are affirmative or negative in nature, are <br /> intended to and shall bind Seller and Buyer and shall bind and inure to the benefit of and their <br /> respective heirs, successors and assigns. <br /> IN WITNESS WHEREOF, Seller and Buyer have signed this Memorandum of Purchase <br /> and Sale Agreement dated as of the date first set forth above. <br /> SELLE <br /> / <br /> Janice : alaman, 61.5 K/nQok) (S 3C0tua 1 ar/,a`it <br /> 2 <br /> Janice aman, as Successor Trustee of the J. <br /> Franklin Salami' Trust under agreement dated <br /> March 7, 1997) 4 N5467,6iii Q <br /> Timf1(t Pr ivara --sQ f adlar• <br /> BUYER: <br /> THE REDEVELOPMENT AGENCY OF THE <br /> CITY OF REDWOOD CITY <br /> By: -4(j4.1-7 <br /> Name: Obec' . I I <br /> �Ai�� I_- <br /> Its: X i4fl W\ G('-41/. 1 u z M e r� <br /> XeC fi 116 `{ r of +tilt. <br /> `Re eA rnQt <br /> 2 <br />