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• Fir�t American Title C�rP`�������� <br /> Escrow No.:N��-71b/.S.S--S� <br /> RECORDING REQUESTED BY: <br /> First American Title Insurance Company <br /> FIRST AMERICAN TiTLE C�JMPANY <br /> WI�N RECORDED, MAIL THIS DEED AND HEREBY CERTIFIES THAT THI� IS A TRUE AND <br /> ALL TAX STATEMENTS TO: CORRECT COPY OF THE OR�GINA�DOCUMENT <br /> Boulevard City LLC <br /> c/o Oakwood Worldwide RECORDED:� � �� '� <br /> 2222 Corinth Avenue �7/�/ _ � <br /> Los Angeles, CA 90064 sERiES r�a: 5 0.30,5�"5 <br /> Attn: Christine Brenk, Vice President Finance <br /> (Space Above for Recorder's Use) <br /> A.P.N.: 059-162-090 File No.: ( ) <br /> The Undersigned Grantor(s)Declaze(s):DOCUMENTARY TRANSFER TAX$ 92,400.00 <br /> CITY TRANSFER TAX$ _p_ <br /> SURVEY MONUMENT FEE$ <br /> [X] computed on the consideration or full value of property conveyed,OR <br /> [ ] computed on the consideration or full value less value of liens and/or encumbrances remaining at time of sale, <br /> [ ] unincorporated area; (� Ciiy of Redwood City,and <br /> j ] Exempt from transfer tax;Reason: <br /> GRANT DEED <br /> FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, SAC REDWOOD <br /> CITY APARTMENTS LLC, a Delawaze limited liability company ("Grantor"), hereby GRANTS to <br /> BOULEVARD CITY LLC, a Delawaze limited liability company ("Grantee"), all of Grantor's right, <br /> title and interest in and to that certai.n parcel of land located in San Mateo County, California and legally <br /> described in E�ibit A attached hereto, together with all buildings, improvements and fixtures located <br /> thereon and owned by Grantor as of the date hereof and all right, title and interest, if any, that Grantor <br /> may have in and to all rights, privileges and appurtenances pertaining thereto including all of Grantor's <br /> right, title and interest, if any, in and to all rights-of-way, open or proposed streets, alleys, easements, <br /> strips or gores of land adjacent thereto (herein collectively called the"Rea1 Propertv"). <br /> This conveyance is made by Grantor and accepted by Grantee subject to those items set forth on Exhibit <br /> B atta.ched hereto. <br /> The Property shall hereafter be held, transferred, sold, leased a.nd encumbered, conveyed, and occupied, <br /> subject to the covenants, conditions, and restrictions set forth in numbered paza�ra_phs 1 through 7 <br /> immediately following, each of which is for, and shall inure to the benefit of the Benefited Persons: <br /> l. A final subdivision map entitled "2580 El Camino Real Final Map No. 2012-03 was filed in the <br /> O�cia1 Records of San Mateo County on July 20, 2012, in Book 138 of Maps, pages 43-46 (the <br /> "Mav"). The Map was approved by the City of Redwood City for a 141 unit residential condominium <br /> project on the Property. Nevertheless, Crrantor has rented units on the Rea1 Property and intends all <br /> residential units on the Real Property be rented until the passage of the 10-yeaz sta.tue of repose <br /> applicable to new residential construction sold after January 1, 2003, which sha11 occur after January 29, <br /> 1 <br />