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hereinafter referred to as "said real property." <br />PARTICIPANTS agree to provide egress and ingress rights upon <br />said real property, to CITY, its officers, employees, and <br />agents for the purpose of effectuating the terms and <br />conditions of this agreement. <br />B. EXISTING ENCUMBRANCE <br />PARTICIPANTS shall deposit into escrow after five <br />(5) days notice to do so by CITY an amount necessary to pay <br />and discharge that certain encumbrance against said real <br />property in the approximate amount of Seven Thousand Dollars <br />($7,000.00) as ..evidenced by a promissory note and deed of <br />trust. The escrow officer shall be instructed to forthwith <br />pay and discharge said encumbrance upon receipt of funds <br />from PARTICIPANTS and retain the reconveyance deed in <br />escrow. <br />C. DEMOLITION <br />CITY shall cause the demolition and removal of all <br />structures on said real property upon PARTICIPANTS' vacating <br />said real property, for the purpose of affixing a <br />rehabilitated dwelling thereon. All costs of demolition and <br />removal shall be at the sole expense of CITY and shall not <br />be charged to PARTICIPANTS. <br />D. REHABILITATED STRUCTURE <br />CITY shall enter into an agreement with dead <br />Housing Assistance Foundation (hereinafter referred to as <br />"Mead") which said agreement is attached 'hereto as "Exhibit <br />B" and incorporated herein by reference, on behalf of <br />PARTICIPANTS, to move the dwelling presently located at <br />131.1._Martha Lane, Santa Ana, and to affix and rehabilitate <br />said dwelling to said real property. PARTICIPANTS agree to <br />be bound by all applicable terms and conditions contained in, <br />"Exhibit B." <br />2. <br />