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City of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, California 92701 <br />Attention: City Clerk <br />To be recorded Wftut fee. (Spate Above This— 'U—n—aror —RnowdersUse On[y) <br />(Gmmmont Code, §§ 61M and 273Esa) <br />AGREEMENT <br />THIS DISCLOSURE, ACKNOWLEDGMENT AND ASSUMPTION AGREEMENT <br />(Assumption Agreement) made among ("Owner"), <br />("Transferee") and the CITY OF SANTA ANA <br />("City"), <br />A. The Owner is the current owner of the real property commonly known as <br />I Santa Ana, California, and now <br />particularly described on Exhibit A, which together with all improvements <br />located thereor is referred to in this Assumption Agreement as the <br />"Inclusionary Unit". <br />S. The Owner wishes to transfer and convey to the Transferee the <br />Indusionary Unit; and <br />C. The Inclusionary Unit is subject to the restrictions applied by the <br />Inclusionary Housing Covenants, Resale Restrictions and City's Option to <br />Purchase Agreement recorded on 20_, as Document <br />No. in the Official Records of Orange County, California <br />(the "Inclusionary Housing Covenants Declaration") that Imposes resale <br />controls on the Inclusionary Unit; and <br />Housing Covenant; Declarntlon Nqo 1 <br />Assmption Aqmemert January 20115 <br />25G-79 <br />