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<br />(b) Acceptance by City of a Grant Deed conveylng said real propgrty to City; <br /> <br /> <br />((0) Delivery to City of the policy of title Insurance as hereinabove provided; <br /> <br /> <br />(d) Recordation of the Deed conveying said real property to City. <br /> <br />7. Po.....lon. Seller agrees to deliver to City, on the date the Deed conveying said real <br />property to City Is recorded, quiet and peaceful possession of said real property, which shall be <br />made free by Seller of all personal property. . <br /> <br />8. Rental .nd OccuDancv Bv Seller. Seller agrees to execute a complete, current alid <br />c:orrect statement of rentals (Seller Estoppel) on a form fumished to Seller by Buyer and denvar <br />same to Buyer within fifteen (15) days hereof with copies of any written 1_ or rental <br />agruments attached. All rents will be prorated as of the close of escrow on the basis of a 30- <br />day monthl36O-day year consistent with that statement, subject to aPllroval of Buyer. Seller <br />hereby agrHS not to rent any units on the premises which are now vacant. or which may be <br />vacated by present occupants prior. to close of escrow. Seller agrees that any and all Tenant <br />Security Deposits pertaining to the subject proplllty collected by or In the possession of Seller <br />prior to the close of escrow shall be transferred to and become the property 01 Buyer during <br />escrow. <br /> <br />Seller hereby warrants that the rental statement referred 10 shalllnciude the terms of all rental . <br />agreements, tenancies. and leases (written, unwritten, recorded. or unrecorded) and Seller <br />agrees to hold Buyer harmless from all liability from any such leases or agreements. Seller also <br />warrants that there are no oral or written leases on all or any. portion of the subject property <br />exceeding a period of one month. <br /> <br />9. Wliver.. The waiver by City of any breach of any covenant or agreement herein <br />contained on the part of Seller shall not be deemed or held to be a waiver of any subsequent or <br />other breach of Mid (;Ovenan! or agreement nor a waiver of any breach of any other covenants <br />or agreements contained herein. <br /> <br />10. Heirs. AssiGns. SucCBliSora In Interest This Agreement, and all the terms, <br />oovenants and oonditlons hereof. shall apply to and bind the heirs. executors. administrators. <br />sUCCBSSOrs !lnd assigns of the respecdve partles hereto. <br /> <br />11. TIme Is or 1M E..ence, In all matters and things hereunder to be done and In all <br />payments hereunder to be made. time Is and shall be of the essence. <br /> <br />12. Permission to Enter on Pram I.... Seller hereby grants City. and Its authorized. <br />agents, permlsslon to enter upon said rlllll projlerty at all reasonable limes Prior to close of <br />escrow for the purpo&e of meklng neeeaaary ins~ons. <br /> <br />13. Just Comoensatlon. Seller acknowledges and agrees that said purchase price Is Just <br />compensation at fair market value for said resl property and includes payment for fixtures & <br />equipment (Improvements pertaining 10 the realty), goodwill (if any), and seY9ranoa damages <br />14. Notices. The mailing address 01 the City of Santa Ana Is 20 Civic Center Plaza, M-36, <br />P.O. Box 1988, in the City of Santa Ana 92702, County of Orange, State of California. The <br />mailing address of the Seller Is: <br /> <br />Law Offices of Thomas P. Hays <br />Alln: Mr. Thomas P. Hays <br />P.O. Box 1739 <br />Santa Ana. CA 92702 <br /> <br />3 <br /> <br />170'd <br /> <br />SS: U 9)0" >: ^ON <br /> <br />S>:9S-l179-171l:XPj 'lj a~ 9N3 - ~ S AllJ <br />