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RecDoc 2013-166678 See placeholder Assignment and Assumption Agmt above
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RecDoc 2013-166678 See placeholder Assignment and Assumption Agmt above
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Last modified
1/2/2014 2:41:41 PM
Creation date
1/2/2014 2:41:40 PM
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Recorded Docs
Recorded Docs - Type
Agreement
Subject
Improvement Agreement
Doc Num
2013-166677
Rec Date
12/10/2013
Address
Main and Marshall 601 Main St.
Parties
LMI Redwood City Holdings, LLC
Reso Ref
PC 13-12
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33. Severabilitv. If any provision of this Agreement is held, to any extent, invalid, the <br /> remainder of this Agreement shall not be affected, except as necessarily required by the invalid provision, <br /> and shall remain in full force and effect. <br /> 34. Entire A�eement. The terms and conditions of this Ageement constitute the entire <br /> agreement between City and Developer with respect to the matters addressed in this Agreement. This <br /> Ageement may not be altered, amended or modified without the written consent of all parties hereto. <br /> 35. Governin�Law; Venue. This Agreement shall be construed and enforced in accordance <br /> with the laws of the State of California, without reference to choice of law provisions. Any legal actions <br /> under this Agreement shall be brought only in the Superiar Court of the County of San Mateo, State of <br /> California. <br /> 36. Authori . Each party executing this Agreement on behalf of a party represents and <br /> warrants that such person is duly and validly authorized to do so on behalf of the entity it purports to bind <br /> and if such party is a partnership, corporation or trustee, that such partnership, corparation or trustee has <br /> full right and authority to enter into this Ageement and perform all of its obligations hereunder. <br /> 37. Time is of the Essence. Time is of the essence of this Ageement and of each and every <br /> term and condition hereof. <br /> 38. Runs with the Land; Recordation. This Ageement pertains to and sha11 run with the <br /> Property. Upon execution,this Agreement shall be recarded in the Official Records of San Mateo County. <br /> Upon completion of performance and satisfaction by Developer of its obligations under this Agreement, <br /> including warranty obligations,a written statement shall be recorded by City in the Official Records of San <br /> Mateo County terminating this Agreement and releasing all of the Property. The recorded written statement <br /> does not release the parties from obligations that survive termination of the Agreement, including <br /> indemnification. <br /> [signatures provided on following pageJ <br /> ATTY/AGR/2013.217/IMPROVEMENT AGR 601 MAIN ST <br /> REV:11-12-13 VR <br /> Page 12 of 24 <br />
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