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AT THE REQUEST OF AND <br />WHEN RECORDED NIAIL TO: <br />City of Santa Ana <br />20 Civic Center Plaza (M-) <br />P.O. Box 1988 <br />Attention: City Clerk <br />No recording fee required, this document is exempt <br />from fee pursuant to Section 6103 of the California Government <br />Code <br />SPACE ABOVE THIS LINE FOR RECORDER'S USE <br />CITY DEED <br />(WITH REVESTMENT PROVISIONS, COVENANTS, RESTRICTIONS AND RESERVATIONS) <br />For a valuable consideration, receipt of which is hereby acknowledged <br />The City of Santa Ana, a California charter city in the County of Orange of the State <br />of California ("Grantor" or "City"), hereby grants to Caribou Industries, Inc., a Nevada <br />Corporation ("Grantee" or "Developer"), that certain real property described in Exhibit "A" <br />attached hereto and incorporated herein by this reference ("Property"). <br />1. The Property is conveyed in accordance with and subject to that certain <br />Disposition and Development Agreement ("DDA") dated , for reference <br />purposes only, entered into between Grantor and Grantee, a copy of which is on file with <br />the City at its offices as a Public Record and which is incorporated herein by reference. <br />The DDA requires the Developer to construct and meet other requirements as set forth <br />therein. All terms used herein shall have the same meaning as those used in the DDA. <br />2. The Grantee acknowledges and agrees that the Property is quitclaimed by <br />the City to the Grantee in its "AS IS," "WHERE IS" and "SUBJECT TO ALL FAULTS <br />CONDITION," as of the date of recordation of this City Deed, with no warranties, <br />expressed or implied, as to the environmental or other physical condition of the Property, <br />the presence or absence of any patent or latent environmental or other physical condition <br />on or in the Property, or any other matters affecting the Property. <br />3. As provided in the Disposition and Development Agreement, Grantee shall <br />promptly commence and complete development of the Property in accordance with plans <br />and specifications approved by Grantor. Construction of improvements and development <br />of the Property (the 'Improvements") required by the Disposition and Development <br />Exbibit "C" <br />1rgActM <br />