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Concurrent with execution of this Option Agreement, the Optionee shall execute, acknowledge, and deliver <br />to Julie Massey, Escrow Officer, Old Republic Title Company, 555 - 12th Street, Suite 2000, Oakland, <br />California 94607 (the "Escrow Holder") a quitclaim deed, in a form as approved by the Optionor, <br />quitclaiming all right title and interest created by this Option Agreement back to the Optionor ("Quitclaim <br />Deed"). In the event of termination of this Option Agreement for any reason, Optionor shall be entitled to <br />instruct the Escrow Holder to record the Quitclaim Deed; provided, however, that County shall first deliver <br />to Optionee at least five (5) days' prior to written notice of its intention to authorize Escrow Holder to record <br />the Quitclaim Deed. Optionee shall be responsible for all costs associated with such escrow. <br />16. NOTICES (PMO18.1 N) <br />All notices, documents, correspondence and communications concerning this Option Agreement shall be <br />addressed as set forth in this Section 16, or as the Parties may hereafter designate by written notice, and shall <br />be sent through the United States mail, return receipt requested or with other proof of delivery, with postage <br />prepaid, by personal delivery, Federal Express or similar courier service. Notices so given shall be deemed <br />to have been given upon receipt. <br />TO OPTIONOR: <br />County of Orange <br />c/o CEO Real Estate <br />ATTN: Thomas Miller, Chief Real Estate <br />Officer <br />333 W. Santa Ana Blvd, 3rd Floor <br />Santa Ana, CA 92702 <br />Email thomas.millergocgov.com <br />Phone: 714/834-3046 <br />And to: <br />Housing Authority of the City of Santa Ana <br />20 Civic Center Plaza (M-26) <br />P.O. Box 1988 <br />Santa Ana, California 92702 <br />Attn: Housing Manager <br />With a copy to: <br />Office of the City Attorney <br />City of Santa Ana <br />20 Civic Center Plaza, 7th Floor (M-29) <br />Santa Ana, California 92702 <br />TO OPTIONEE: <br />c/o The Related Companies of California, LLC <br />19201 Von Karman Avenue, Suite 900 <br />Irvine, CA 92612 <br />Attention: President <br />c/o A Community of Friends <br />3701 Wilshire Boulevard, Suite 700 <br />Los Angeles, CA 90010 <br />Attention: Dora Leone Gallo. President and <br />Chief Executive Officer <br />With a copy to: <br />Bocarsly Emden Cowan Esmail & Arndt LLP <br />633 W. 5th Street, 64th Floor <br />Los Angeles. CA 90071 <br />Attention: Lance Bocarsly, Esq. <br />All notices or other communications required or permitted hereunder shall be in writing, and shall be <br />personally delivered or sent by registered or certified mail, postage prepaid, return receipt requested, or <br />electronic mail, shall be deemed received upon the earlier of (a) if personally delivered, the date of delivery <br />Pa e 12 0 19 <br />OPTION AGREEMENT - CROSSROADS <br />Q 8Ue <br />