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City of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, California 92701 <br />Attention: City Clerk <br />Yo be iecoldedwdShaut Eec,' {Space Ab"V LInO For aerarr7ePS iPSe onm <br />(Government Code, H 6903 and 27383). <br />DISCLOSURE, ACKNOWLEDGMENT FIND ASSUMPTION <br />AGREEMENT <br />THIS DISCLOSURE, ACKNOWLEDGMENT AND ASSUMPTION AGREEMENT <br />(Assumption Agreement) made among COwner" ), <br />(' Transferee ") and the CITY OF SANTA ANA <br />"City ") <br />RECITALS <br />A. The Owner is the current owner of the real property commonly known as <br />Santa Ana Califorma,'and now <br />particularly described on Exhibit A, which together with all improvements <br />located thereon is refereed to in this Assumption Agreement as the <br />"Inclusionary Unit ": <br />S. The Owner wishes to transfer and convey to the Transferee the <br />inclusonary 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 2U_, 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 lncluslonary Unit; and <br />Inctusioem3ry Hovsirsg Cen;an�nts G1alnratiaa Page 9 <br />Aseurmptlan Agreement clammy 3056 <br />32A -115 <br />