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HomeMy WebLinkAboutE.R. FERRER - LLC-2017WSURANCE N01- RE WOW 1�,IAY P[JOGFEF) GLEPIj� COUN SEP I(o2 5 2017 c11w v4Afit) A-2017-254 SELL ALL (NO SALVAGE) Project: RdA Street Impro Phase 3A APN: 405-274-09 Tenant -Seller: Dr, Enter R. Ferrer Inc dba General Family 0 D ti4 str nd _y-- E.R, Ferrer - LLC AGREEMENT FOR ACQUISITION OF TENANT -SELLER'S INTEREST IN REAL PROPERTY THIS AGREEMENT ("Agreement") is entered into as of this _Lqo' day of <Y _' 2017, by and between THE CITY OF SANTA ANA, a charter city and municipal corporation duly organized under the Constitution and laws of the State of California ("Buyer"), and Dr. Enter R. Ferrer, Inc. dba General Family Dentistry and E.R. Ferrer - LLC, a California Limited Liability Company (collectively "Tenant -Seller") for the acquisition by Buyer of certain interests in real property described herein. IT IS HEREBY AGREED BETWEEN THE PARTIES AS FOLLOWS: 1, AGREEMENT, Tenant -Seller agrees to sell and convey to Buyer, and Buyer agrees to purchase and acquire from Tenant -Seller, upon the terms and for the consideration set forth in this Agreement, (a) all right, title and interest, in and to certain improvements, including fixtures and equipment (collectively "Improvements") located in, on, or affixed in any manner to the premises known and numbered as 1027 N Bristol Street Santa Ana, California ("Premises") which Premises are part of that real property described in Exhibit A attached hereto, located in the City of Santa Ana, Orange County, California ("Property"), and (b) any tenancy interest of Tenant -Seller ("Tenancy Interest") in and to the Premises and the Property, and (c) any and all goodwill of Tenant -Seller's business on the Premises. The Improvements to be conveyed by Tenant -Seller are a part of the Premises, and specifically include, without limitation, the items described in the list of Improvements Pertaining to the Realty attached hereto as Exhibit B and Movable Equipment hereto as Exhibit C. 2. PURCHASE PRICE. The total purchase price, payable in cash through this Agreement, shall be the sum of: THREE HUNDRED ELEVEN THOUSAND AND NO/100 DOLLARS ($311,000.00) ("Purchase Price") which is computed as follows: Value of Conveyed Improvements as shown on Exhibit B (owned by E.R$42,000,00 1^crrer - LLC, a California Limited Liability Company) 62,000.00 Value of Moveable Equipment as shown on Exhibit C (owned by Dr. Eider R. Ferrer, Inc. dba General Family Dentistry) Loss of Business Goodwill (owned by Dr, Enter R. Ferrer, Inc. dba General $207,000.00 Family Dentistry) TOTAL AMOUNT PAYABLE THROUGH THIS AGREEMENT $311,000.00 3. CONVEYANCE OF INTEREST IN REAL PROPERTY. Tenant -Seller agrees to execute a Quitclaim Deed in the same form as that attached hereto as Exhibit D in favor of Buyer ("Quitclaim Deed"), relinquishing, releasing, and forever quitclaiming to Buyer all right title and interest in and to the Tenancy Interest at the close of escrow. 4. Tenant -Seller will vacate the property no later than three (3) days after close of escrow, as set forth in the concurrent Purchase and Sale Agreement. Seller shall have removed all merchandise, inventory, equipment, personal property, and/or removable trade fixtures from the Property by said date. Any merchandise, inventory, equipment, personal property, and/or removable trade fixtures at the Property as of three days after close of escrow shall be deemed abandoned by Seller on that date.. 5. CONVEYANCE OF INTEREST IN IMPROVEMENTS. The Quitclaim Deed will also convey from Tenant -Seller to Buyer all of Tenant -Seller's interest in and to the Improvements and Movable Equipment, which conveyance shall be free and clear of all recorded and unrecorded encumbrances, liens, assessments, leases, and taxes. Unless otherwise provided, recording of the Quitclaim Deed and Closing (as defined below) of the transaction described herein shall be subject to Tenant -Seller's vacation of the Premises and proof of clear title to all said Improvements having been obtained and received by Buyer in accordance with Paragraphs 9 and 10 of this Agreement. 6. RECORDING. Recordation of any documents delivered through this Agreement is authorized if necessary or proper, upon acceptance by Buyer as described herein. 7. CERTIFICATION OF OWNERSHIP. To the best of Tenant -Seller's knowledge, Tenant -Seller hereby warrants and certifies under penalty of perjury that Tenant -Seller is the owner of the Improvements and that no document has been signed by or on behalf of Tenant -Seller for the purpose of creating any lien, encumbrance, or security interest in any of the Improvements, and that the Tenant -Seller does not know of any claim of lien, encumbrance, or other security interest therein, EXCEPT: (a) Trust Deeds on the Property, duly recorded; and (b) real and personal property taxes. 8. PERMISSION TO ENTER PREMISES. Tenant -Seller hereby grants Buyer or its authorized agent's permission to enter upon the Premises at all reasonable times prior to Closing of this transaction for the purpose of making necessary inspections, provided Buyer provides seven calendar days notice to Seller, and Seller agrees in writing that the inspection time proposed by Buyer will not unreasonably impair of affect Seller's operations at the Premises. 9. BULK SALE. In order to establish proof of clear title to the Improvements, Buyer may publish a Notice to Creditors pursuant to the Bulk Sales Law of the State of California and obtain a title report and/or a report from the Secretary of State's Office as to filings of security interests covering the Improvements. 10. CONFLICTING INTERESTS. In the event any conflicting claim of title or any security interest or lien of any kind is discovered or asserted as to any of the Improvements, Buyer shall, upon receiving notice or knowledge thereof, withhold an amount otherwise payable to Tenant -Seller as is reasonably necessary, in the sole opinion of Buyer, to protect Buyer against such claim of interest or lien. The withholding of such funds shall not prevent Closing of this transaction if the total funds to be withheld from Tenant -Seller do not exceed the net amount to be paid to Tenant -Seller through this transaction. Buyer will not pay out the withheld funds or disburse any withheld funds to any claimant or other patty (except upon court order or levy) without the written consent of Tenant -Seller. A general creditor's claim shall not be deemed to be a claim against any specific item of Improvements and Tenant -Seller hereby agrees to accept all responsibility therefore. Unless otherwise provided, it shall be presumed that Tenant -Seller is entitled to payment under this transaction for the Improvements. It shall be presumed that the Property owner is the owner of all improvements, fixtures and equipment associated with the Premises other than the Improvements. 11. DISMISSAL OF EMINENT DOMAIN ACTION, If Buyer has previously filed an action to condemn the Tenancy Interest and/or Tenant -Seller's interest in the Improvements, Tenant -Seller hereby consents to the dismissal of such action and waives any claims for compensation, costs, attorney's fees and deposits in said action, or any claim whatsoever which might arise out of the filing of such action, whether or not Such claim is specifically identified herein. Tenant -Seller hereby authorizes Buyer to withdraw and make payable to Buyer any funds deposited with the Court in any such eminent domain action, 12, CLOSING, PURCHASE PRICE ADJUSTMENTS. Recording of the Quitclaim Deed by Buyer will constitute "Closing" of this transaction, At Closing, Buyer will pay the Purchase Price to Tenant -Seller, subject to the following adjustments: A. Pay and charge Tenant -Seller for any and all current and/or delinquent taxes and any penalties and interest thereon against the Improvements and the Tenancy Interest, and for any delinquent or non -delinquent assessments or bonds against the Improvements and the Tenancy Interest. B. Pay and charge Tenant -Seller for any amount necessary to place title in the condition necessary tosatisfy Paragraphs 5 and 10of this Agreement; C. Disburse funds when conditions of this Agreement have been satisfied by Buyer and Tenant -Seller, 11 FULL AND COMPLETE SP ---- -- ------ A. Subject to the terms and conditions of the Purchase and Sale Agreement, signed concurrently herewith, Tenant -Seller hereby acknowledges that the compensation paid to Tenant Seller through this Agreement constitutes the full and complete settlement of any and all claims against Buyer, resulting from or arising out of Buyer's acquisition of the Improvements and Movable Equipment, Leaschold Interest and the Tenancy Interest and any dislocation of Tenant - Seller from the Premises, specifically including, but not limited to the value of the Improvements and Movable Equipment, leasehold improvements, any and all claims for rental or leasehold value and any and all claims in inverse condemnation and for precondemnation damages, and any and all other claims that Tenant -Seller may have, whether or not specifically mentioned here, relating directly or indirectly to the acquisition by Buyer of the Improvements and the Tenancy Interest . Tenant -Seller hereby disclaims any right, title or interest in or to the Premises. Tenant -Seller and Buyer and each and all of their agents, representatives, attorneys, principals, predecessors, successors, assigns, administrators, executors, heirs, and beneficiaries (collectively "Releasees"), hereby release the other party, and its Releasees, and each of them from any and all obligations, liabilities, claims, costs, expenses, demands, debts, controversies, damages, causes of action, including without limitation those relating to just compensation or damages which any of them now have, or might hereafter have by reason of any matter or thing arising out of or in any way related to any condemnation action affecting the Improvements and the Tenancy Interest, Additionally, Tenant -Seller hereby expressly and unconditionally waives any claims (known or unknown) including loss of goodwill, statutory interest, claims for inverse condemnation or unreasonable pre - condemnation conduct, or any other compensation, damages or benefits, arising from the acquisition of the Improvements that Tenant -Seller may have against Buyer, its officials, representatives, and attorneys. B. Seller acknowledges that, in accordance with applicable provisions of California law, Seller may otherwise be entitled to the payment of relocation expenses, compensation for loss of goodwill, just compensation, inverse condemnation, unlawful pre -condemnation conduct, and other benefits and claims other than those expressly provided for in this Agreement in connection with Buyer's acquisition of the Property. Seller, on behalf of itself and its heirs, executors, administrators, successors and assigns, acknowledges that Buyer's performance under this Agreement constitutes full and complete satisfaction of Buyer's obligations to Seller with respect to such claiins. Seller acknowledges that it may be entitled to benefits under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended, 42 United States Code section 4601 at. seq. and/or California Relocation Assistance Law, as amended, or the Real Property Acquisition Relocation Assistance Rules and Regulations. As a result of this Agreement, Buyer waives any right to relocation assistance, moving expenses, or other payments to which Buyer might otherwise be entitled under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, as amended, 42 United States Code section 4601 et. seq. and/or California Relocation Assistance Law, as amended, or the Real Property Acquisition Relocation Assistance Rules and Regulations, as payment for said benefits is acknowledged to have been compensated for pursuant to this Agreement. 14, ACKNOWLEDGMENT CONCERNING CIVIL CODE SECTION 1542. Subject to the terms and conditions of the Purchase and Sale Agreement, signed concurrently herewith, Tenant -Seller and Buyer acknowledge that they have been advised by their attorneys concerning, and is familiar with, the provisions of California Civil Code § 1542, which provides as follows: "A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor." Tenant -Seller and Buyer acknowledge that they and any others acting on their behalf herein may have sustained damage, loss, cost, or expenses that are presently unknown and unsuspected and which may give rise to additional damages, loss, costs, or expenses in the future. Nevertheless, Tenant -Seller and Buyer acknowledge that this Agreement has been negotiated and agreed upon in light of that situation and hereby expressly waives any and all rights which it or others acting on its behalf may have under California Civil Code §1542, or under any statute or corm -non law or equitable principle of similar effect. 15, CONTINGENCY. Transaction is subject to and contingent upon receipt by Buyer of the duty executed Quitclaim Deed from Tenant -Seller with respect to the Tenancy Interest and the Improvements. This transaction is further subject to and contingent upon approval and acceptance by Buyer. 16. AGREEMENT TO EXECUTE, Tenant -Seller and Buyer agree to execute and file any additional agreements, consents or other documents reasonably necessary to effect the full and complete settlement and purchase of the Improvements and the Tenancy Interest, 17. AUTHORIZATION TO EXECUTE. Tenant -Seller and Buyer represent and warrant that the persons executing this Agreement are duly authorized to do so and to act on behalf of Tenant -Seller and Buyer respectively. 18, COMPROMISE IN SETTLEMENT. This Agreement is a compromise in settlement of pending or potential litigation between Tenant -Seller and Buyer and shall never be treated as an admission by Buyer for any purpose of liability or as to value of any property or claim. 19. SURVIVAL OF RIGHTSANLpl OBLIGATIONS. Notwithstanding the releases contained herein and agreement concerning this transaction, all the rights and obligations created Linder and pursuant to this Agreement shall survive the execution of the Agreement, the releases contained herein and the Closing of this transaction. 20. WARRANTIES REPRESI--'—'--- AND COVENANTS OF TENANT - SELLER. Tenant -Seller hereby warrants, represents, and/or covenants to Buyer that: A. To the best of Tenant -Seller's knowledge, there are no actions, suits, material claims, legal proceedings, or any other proceedings affecting the Improvements, the Tenancy Interest or any portion thereof, at law or in equity, before any court or governmental agency, B. Until the Closing, Tenant -Seller shall maintain the Improvements and the Premises in good condition and state of repair and maintenance, and shall perform all of its obligations under any service contracts or other contracts affecting the Improvements and the Premises. C. Until the Closing, Tenant -Seller shall not do anything which would impair Tenant -Seller's title to the Improvements or the Tenancy Interest. D. All utilities including gas, electricity, water, sewage, and telephone, are available to the Premises, and to the best of Tenant -Seller's knowledge, all such items are in good working order. E. To the best of Tenant -Seller's knowledge, neither the execution of this Agreement nor the performance of the obligations herein will conflict with, or violate any of the provisions of any bond, note, evidence of indebtedness, contract, lease, or other agreement or instrument to which Tenant -Seller, the Premises, the Improvements or the Tenancy Interest may be subject. F. Until the Closing, Tenant -Seller shall, upon learning of any fact or condition which would cause any of the warranties and representations in this Paragraph 20 not to be true as of Closing, immediately give written notice of such fact or condition to Buyer. 21, HAZARDOUS DOL!S WASTE. Neither Tenant -Seller nor, to the best of Tenant -Seller's knowledge, any previous owner, tenant, occupant or user of the Property or the Premises, has used, generated, released, discharged, stored, or disposed of any hazardous waste, toxic substances, or related materials ("Hazardous Materials") on, under, in, or about the Property or the Premises, or transported any Hazardous Materials to or from the Property or the Premises. Tenant -Seller shall not cause or permit the presence, use, generation, release, discharge, storage, or disposal of any Hazardous Materials on, under, in, or about, or the transportation of any Hazardous Materials to or front the Premises. The term "Hazardous Materials" shall mean any substance, material, or waste which is or becomes regulated by any local governmental authority, the State of California, or the United States Government, including, but not: limited to, any material or substance which is (i) defined as a "hazardous waste", "extremely hazardous waste", or "restricted hazardous waste" under §25115, §25117 or §25122.7, or listed pursuant to §25140 of the California Health and Safety Code, Division 20, Chapter 6.5 (Hazardous Waste Control Law), (ii) defined as "hazardous substance" under §25316 of the California Health and Safety Code, Division 20, Chapter 6.8 (Carpenter -Presley -Tanner Hazardous Substance Account Act), (iii) defined as a "hazardous material", "hazardous substance", or "hazardous waste" under §25501 of the California Health and Safety Code, Division 20, Chapter 6.95 (Hazardous Materials Release Response Plans and Inventory), (iv) defined as a "hazardous substance" under §25281 of the California Health and Safety Code, Division 20, Chapter 6.7 (Underground Storage of Hazardous Substances), (v) petroleum, (vi) asbestos, (vii) polychlorinated bypherryls, (viii) listed under Article 9 or defined as "hazardous" or "extremely hazardous" pursuant to Article 11 of Title 22 of the California Administrative Code, Division 4, Chapter 20, (ix) designated as a "hazardous substances" pursuant to Section 311 of the Clean Water Act, (33 U.S.C, 81317), (x) defined as a "hazardous waste" pursuant to Section 1004 of the Resource Conservation and Recovery Act, 42 U,&C. 56901 et seq. (42 U.S.C. S6903) or (xi) defined as it "hazardous substances" pursuant to Section 101 of the Comprehensive Environmental Response, Compensation, and Liability Act, 42, U.S.C. 56901, et seq. (42 U,S.C, S6901). 22. COMPLIANCE WITH ENVIRONMENTAL LAWS. To the best of Tenant -Seller's knowledge, the Premises and its use complies with all applicable laws and governmental regulations including, without limitation, all applicable federal, state and local laws pertaining to air and water quality, hazardous waste, waste disposal and other environmental matters, including, but not limited to, the Clean Water, Clean Air, Federal Water Pollution Control, Solid Waste Disposal, Resource Conservation Recovery and Comprehensive Environmental Response Compensation and Liability Acts, and the California Environment Quality Act, and the rules, regulations and ordinances of the city within which the subject Property is located, the California Department of Health Services, the Regional Water Quality Control Board, the State Water Resources Control Board, the Environmental Protection Agency and all applicable federal, state and local agencies and bureaus, 23. COUNTERPARTS. This Agreement may be executed in counterparts and when so executed by both parties, each counterpart will constitute an original document. 24. BINDING EFFECT. The terms, conditions, covenants and agreements set forth herein shall apply to and bind the heirs, executors, administrators, assigns and successors of the parties hereto. 25. ENTIRE AGREEMENT, This Agreement contains the entire agreement between both pat -ties; neither party relies upon any warranty or representation not contained in this Agreement. IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and year set forth hereinabove. Mailing Address of Tenant -Seller Mailing Address of Buyer 20 Civic Center Plaza, M-30 Santa Ana, Cal ifomia 92701 Tenant -Seller DR. EULER R. FERRER, INC. DBA GENERAL FAMILY DENTISTRY By: Its: E.R. FERRER — LLC, A CALIFORNIA LIMITED LIABILITY COMPANY By:.—.,, ;i.W-�e.-.w /Z.. Its: wi &P- Date: -716 117 Buyer THE CITY OF SANTA ANA By: Cynthia J. Kurtz Interim City Manager Attest: By: Maria I) =1 City Clerk Date: ---f/2242-1� Approved as to Form: By: �F'W"4- V M. Funk Assistant City Attorney Date, 90N Recomm d or Approv Fred Mousavipour Executive Directory- Public Works Agency Date: ct Nlfl EXHIBIT A LEGAL DESCRIPTION OF PROPERTY All that certain real property situated it) the County Of IDI-allgO, State of California, descl lbed as follows: Lot 25 of Tract No. 923, In the City of Santa Ana, COUI)tY Of Orange, State of California, as per Map recorded in Book 29 Pane ia. of Miscellaneous Maps, in the office of the County Recorder of said COLJI`ItY. Excepting the Westerly 20 feet. EXHIBIT B IMPROVEMENTS PER'T'AINING TO THE REALTY DR. rULER R. FGItRER, INC:. IMPROVEMENTSPERTAINIlrO ro,rHCREtilTY EFFECTIVE DATE,t F VALLIS- JANUARY 24, 21716 Itcal No. €7ty, L3ascrigaCioit I I Coram Icitur sign, 10" to 14" higti, metal fnscii, " De 0ktryl 1627'", iml oding dutai €1uorcimcm floodlight, uk%trical 2 3 Retail front cnn+opus, Thigh x 30" deep, tuhulnz mctal frame, ciitvas toll, aotasiAing of: 2 W wide I 20' wide 3 64 fialuarc foot of security wludawu bars, tubular metal 4 1 I-opm lauarwign, t2." hl]�h, plastic fa:Cccia, "I7endsta" 5 1 Rear sorority door, Wit 7$", taobtllnr mctat, nra,h backing, loch hardvettra 6 1 Litt of vinyl window lesicong, 112` to 3.5" Hglt, "Dr. Fumd Ventisttu 9734111 If Storo Hours, ate.' 7 1 Fiat soreea tadeviston Ivad mount, mcild a 1 1Vradant c64ng Iigltit, 28" high, flucavirma, glass s-hstde 9 1,81 'Squirc €cut oftmrieontat wiodoww blinds, I" nlumimmin slmn 10 4 Coilmr, fins, dt" diameter, 3..bindc, iltaanti antlr ts, "mid I I Florizontal sGdir:g, r°%endow, 36" x 3h", adunankirs Frame, with .i" tbscp wood nouutcr 12 72,5 Lincar fect of wall choirri iln Ml 2.5" Itigh, paimed wood 13 71 LinairfcctphupparCP6tY11inolelintr,6"x6",molded wood, painted 14 1.5 Linear feet of receptionist countm•1 d(slt, d'i" hig)l x 35" deep, Irony wall base, painted, 15" to til" debp top service counter, himinate, 25" deep laminate ckgkiop, .iingle pcdusial, decirical l"71t_ rlJLER It Ia KRFR, INC, I[v9PROVENI NT`u' PER IAIN INti TO THE REALTY EFFECTIVE: DATE 01 VALUE- MNUARY 20, 2016 IMM No. Qty. E7 aC7'i tl7di 15 1 Ovedwid rcceptionist Ii} hi soffit, 86" x I V x 15% nssumtcl to be drywall on wom franalnl„ 1 fillurewcat light ri:xt{fres 16 S Piltic"t r4l0an monitor wall moalaia„ metal, consisting of., 2 A justablet flexible gran type 5 Plalfoaan t}"lxs, 16" Wide 1 5tratloaoary flat type, metal 17 2 Dental room wall slaetvc.s, I- Y x to", I- 4'a 14", 1lnninato 18 3 Through-wn11 sin' conditioning uni4s, rsigiditiaa, (iuldstar and 111, model otos. not ateail€ahla 19 2 Dctaeal baso cabinets, 78" K'24", Isaiainaate top, 9" high bimckspla li, wsxxl baso, 4 -dour, 6 -drawer 20 2 Wall cabinets, 78" It 15", wr"sd, 4 -door 21. I Loa of scat+spa, cic cdrloaat and inwadaatioa ofpnnoraania x<rap' linit, including pony Willi, 50" x 49°', assuntc(J to be gnarl framing, drywall fascia, vViih reroswil x -racy viewcr, Stns X-ray, 16" x 14" 22 1 Wall cabinet, 24" x 30' x$", wogd, 2 -dour, I uapdar -J)CIf 23 1 Wall cabinet, 48" x 32" x hitaainoke, 2 dour 24 1 Worh ctgnntar, 42" x'2t1", Itunhiute., with wall brackets 25 1 Wall shelf, b" ,c 34)" lotninate, 2 -door, 2 uprn shelves 26 I Aaatks ennuitur, 6'x 24", larn;nnto top, 4" high bucEyplash, 2. pcdcstgl, 24" wide, 1 door, 1 drawer 27 ( velli, 5" x 8", clocd-ic til 1 Tbrnuah-+wall pa ckaap;e imp, 13" x 1 t", stniuless ,4eel doer 1MPR(.)V[MLN'1'3 PER'CAININGTarT110 RRP,L7Y li•f''%bt.'TIVF DATE OF VALUE -JANUARY 20, 2016 Item Na. Ozy, Description 28 1 Darkroom amts+anl als5k, X15" x 1�", hunina tc tend woG,d, singlet pcdoatml, 1 drop-i;a chemical bint sink, 13" x 14" x 17", strtinl,%SS Iar 1, plumbing 30 1 T uburutoay swork w unter, $H" x 17", laminate, 4" high b acksplash, 117" arida pedcotol, I done, 2 -drawer 31 1 Will cabinet, 54" x 24", btmiaate, 3 -door 32 1 Walkhelf, WO", plywood 13 1 Base cabinct, 2t3" x 25", laminate counter, wood baso, 1 dour, 1 drawer 34 1 f..Lnburalory sink counter, 81" x 24", hantinate tori, 4" bif li bac,kilaWi, 1 deop-in dun] Pink, single mixing Cissas(, with eye wash, plumbing, 5 lower drawers, open under ,iWrage, I side crssmter, 25" x 10", 41' bigb bncksphsh 31 1 Wall cabinet, 104" x 32", lsaarsiz ata on swoon, 6 -door 36 1 Wali cabinet, 29" x 32' x 12", larninaia, single daxrA,r 37 2 5to€rage shctva.>, 20" x 79" x 12'°, laminm e. 7-ticr, built --in 18 i guilt -in dank, 63" x 2:1 ", single guark4tal, wood, with mouwaLl viae .39 1 Well cnbinet, 65" x 0." wfHml, 4 -door, 5 lower pftper bias 40 1 Wall cabinet, 16" x 22" x 16", wood, singlo door, with 4" venl and exImust fim, thu'amugh-soba' tI I 4b":Vca has'rri r, IIeudP.)rd Whits, 40 gallon (_ slitaate), alecl Iia 42 1 To1cphone system, Nortel Pim works, full fuatrure, inulUditag'5 hand sets, N'lade@ no - 'MMI DR. t 4JI.i,1i R. FE:1 RER, INC, 1MPR 5VFM1?NTS PER fAlhilNe-1'fA7 `1'll4- I:p:rAi.TY EFFIE(,T]VE: DATL OF VALUE - JtSh(i1ARY 20, 2x016 Item No. Qty, Description 43 s ilt't 47kAelter, 0" X. 21", Ie1Bn1$te CfM11tel' Ri1 WMA 11AW, 4" high backs p[wi ' stainless steel sunk, singles mixil-Ig ra.uQut, pluml tog 44 1 Wall cabincl, 31)" x M", wos ud, 2,,d aor 45 1 Wall shelf, 15" x 12", wvuud, 4 -door, I lower stiulf, 21"xll" 46 1 Wall dict£, til" x 46" x 1.2", wood, 4 -tier 47 1 Built-in brunk-cage, Tx Tx 12%,wood, 3 tier 48 29 Square Peet of veaioal window blinds 49 1 Cpat book, wood, 4 matal hangers 50 1 Interior' window, 18" x441", $1' x 8" ghssbleek 51 1 Lust of ele;otsioel ?setup and im taliat-sake Sur an, �.�n1pr��scrr, dental vacuum pump and 11omiuctiottn foe 4 operatory packages 52 1 Lot of suhtarrulloan piping to 4 open story p wkngmi, 1-1 fate, m a med to be 3t4" copper for air and wakr cxrnnectios";, 314" PVC, including lair line to dental lab 53 N LiA uA'data cabling saki ccnlpetcr nrtwwovkisag miss 7 vvorkstalios 54 1 Lot of minor installations, including hooks, histenecs, wvail scr :wve, bracke.ta and Ineildc.mai sheiv i qz 5 1 [xit r.lfmt,(Alhttion i'or 3 sham -orad x-ray jmaiubines, wall- ¢oecsulatec4, ilscuelettig vulsbrall.i��n EXHIBIT C MOVABLE EQUIPMENT Llld_ fLIU.-' a R, 1 ERRER,'INC, `t"IOVABLL I:QI1IVMB.N Y crFrx IVE 1..7+A'l E C)F VALUL- dAh1'UARY 20, 2016 Item TVo, duty. f;c:crilatioaa 56 I ii ;ttuh, $A" x lfi", aaat51dew1 uancr 57 1 P,""cora `CJpa:u" cigar, Evet3rcan, 22" x # 2" S� 1 "Welcome" mal, 30'r 19", fabi is 59 7 Waiting area chains, tubular metal slcd base, fabric seats and b,aeks 60 1 Flat semeo tpIcvjgicrn, Iraignin, 320 bl 1 Corfu/ rnngazitte !arid?, 2.7" x 261", wood 62. I Lot of frnanaed waa11 nr , may hoe u0ecto3'S val'ne, not appfabul t*3 I NImgazine rack, I I" x'W4", wood, 4 -dor 64 1 Wall tremor, 22' x 26", omate wood horsier &S 2 Medical fik shelves, G2" high x 13" beep, mesal, 6 fier, consisling of; 1 2.4" Yew&, 1 ;10" wide 66 1 Printer, He.WINt Pacitard, Model no,: LioerJet R16066n 67 1 Well clock, [!i" diameter, Sterling ng & Nc>lala 68 1 To wor Can, Aloha lltceze 69 1 Pnpor corm] shelf, I"2" x'18" x 12", lam11low, Id -tier ?t} I Computer, DDI, rnodri vw7 nol av;tiloblso, 19" nuanetor, kcyhoard smd aanuac it 2 Credit t,aid torminulx, Venfame, I- Mudol no,: V,A5-2t7, I-Moulel ;icy,, f"lmni 3734 1 I L4artmlalc clnutric hinter, furaocc tybt; DR. EULER lt. FERRER, INC EFFC.0 FIVE DATE OF V AWF - ].hNU ARY 20, 2016 1le:na No, Kbt3, l7escrip4irnt 73 L AVasr bias;, stalosleas itccl, srnw@I Irl l # avk lraic, gr9us4ic, ttrbric scat raid ba k 75 1 Chair haat, ]clastic 76 1 File cab i im, letter sire, mcial, 2 -drawer 77 1 Etecteic pawil thaq),aaea, PRcrasonic 78 1 Mod=, [.€_erksyti, Model rur,:,Sp t 50 79 3yealal stttirls, rEaeta] aascy pacl 3t1 eirrylSBs .ud hac&s 80 1 'b`r€astr reCOP1u01e, VST, PW(ontnttd Opei7 ;.md chse, staink2a$ 'accl 81 2 Dunlarl clraiats, Belmont, innde;l no. wl tavaalab le, meml Cruse, ,adjustable, vinyl 4-instniment de laal fray, overhead light nand cuspidor, el-himr tmcnt 82 Z fTaaritnr , Viacw.�nraie, hla iel uu.t A E �rI is L93 I Ultrasonic scaler, 17entsplyl c avifron, Model rra 1000 54 1 Flit ncraxtr mcloitar. LWi, 2a° 85 1 Denud cabliam 28" x 27" x 26", Imfinate fop, a" hacksplash, Wood Prase, 2-cloor, 2-clTowna kd l Folding su.,pr tnnl, 2 -step S7 1 l ental hu�sir, t7ctsneaitl, iii ci6 �ar�_ t�4 aauwilatale, �RGf81 bare, Styl t acidul top, i iustnsserat trap, pe 6A Challeirger, otc;fiend Iiglsf, �ariIII 'I iiteb°uIII V,) I .aro), x'Je,[t=ri ;air/ V,acuum n4:9�"SF�7Trex A I X ray machint, C mdsx, Pa od& no! UX070, uOustuble, 70 ISP, 7rna DR. 13"111,RR R. CERRRA, INC. NInVADLE, 1-.QI)IIJMI,'N f- EFFrCTfVE DATR OF VALUE - JANUARY 26, -20 16 liew No. Qjy, CSscri Baru 89 ! 90 2 X.-rayvvqla, vinyl on load, apron stylo 91 1 Mlislitt)V,Ilelvlctt1',tL;ki3rd,Niodcino„ FIPS2031,with keyboard mid arouse 92 1 CLIJ-hag tight, C13RUILIX, LLD .93 1 Curing ligilit, Arivoro 94 1 r3mergcocy crash cert, singla runic, stainless Stool, wilt call and gauges 95 2 Supply ,:salt cabinct'g, 28" X23" x -it, , Metal, single door, glm-'N Front 96 1 CWTIPW'�r, D911, Nin al film Prccision 56% with monitoc, 21" and mouse V7 1 UPS, AM, Model no.: Back -UPS X.9 1000 98 I Printer, CW)on, MoJel no: MG3520 49 1 X-ray in m',fi +no, Vmgmy Dulal, Module Provo, Idi ustble, Wil I I type 100 1 Ulirasonia -,uAcz, Whalcdc.nt, Mo&I no-: rlilDsoglic US100 101 1 Portable dental darkrumn, ph4 tip 102 1 UfWivlolet light kmit, Dental, Model! Z(mint, mliumb1c licad, caacts 103 I Denial cm 1, 15" x 14", tubular, mewl fraena, 2 lan.inate tier's ilial t.an.al 111USMeMeW Mudole, Rout ZX -11, Modal: Dl' -ZX, VP, wish digital display DR- RILER R- PE.RRF-'R, INC MOVABLE EQUIPP,1FL4T EFFECTIVE DATE, OFr VI LUF-.IbANIJARY 20, 2016 Item N -o- Qry 17asori tiuta 105 l Dental hrat grin, 011fura Sp ilaat, model no. not available t 06 1 Tlscrms t coodenscr, F4avkell, Model: I hernuque 107 2 Asuoried dental cearts, pla uric„ 3- to S-Jrawrar, apoa stxrratgas 108 1 Camera, Nikon, Muret flu?.t CuolpiK 995, with tripod stand, Model no.: MK.I 109 1 't fireless routor, l hdcs�)-s, Model arcs.: W APS4G 110 1 POTIarramiex-raynmchilia, General PlecIrac,Nfodel: Panclipse, Scriaal ao.: 7 5a Id $, '? 4'° x 1s0" a 4 �" n�veral 1, witty x:-rktyhe'rrd, r6h' a?nd rAntrol panel 1 1 t I rJs:; osvtf drill set, W&1`1 DcntaIwcrk, ,N4o c1 nt7.: 100 51 95, 40,000 rpm 112 I Detrtal uubintsi, 31" x 31" a t ", IaRnataatc, 6-sln1rwrr, cssters 713 1 kalclint st'epstaol„t�abularaatatals vretyi pu! IN t Deriml Omit, M Wnurk, anodet no. not avnitab Ia, inetal ed{a5t9blo [naso, vinyl padded top, 4-instananent dental tray, cvspidar zann, 4-Insirurraent, overhead work light 315 t 'X-rnY nmuliine, Si'nwi, )anar,i10 Kv, adiustableau'm type 116 t Fiat screea3 nticanitor, S"Imsomg, Model no.: Syanctnaster Std 350 117 1 Dontal tray stand, 19" x 1:3", sta6nl&ss steal trap plod hurso its I Mock] Irinznacr, l'racc, tat" diameter 1 §'.a I vi50 le. light cure iysirrn, l�etutspiy, vh ri<:1 uaa . 75 iad 21000 1'20 I Hrni cahinrt,aaratr, staiul ss tsteel 121 1 '1'lacrma k.rrit'c gray trunnicr, Buffalo DR. 1-1 k -FR R, FI-ARER, INC., MOV Al"ILS FA)UIPM FNJ' EFFEC I'IVF. DATE OPWAL017 - )AN UARY 211, '4016 Item No Qty, 122 1 Umitsicrilim, Schein, modol no, uotuailable, 123 1 Autochmp, Qnnno' IM, Model no.: 16 124 1 Vacuum fionner, and modol lim not AVAJOIQ 325 1 Aut&lave, Pelton & Orme, model no. notavailablu, 5tainlem mel'steanl 126 1 Airtocluve, MLTI'Havvey, Model no.: Chernidave f,,M5500 127 1 Mini- ivfriguator, MpgioChef, 4 oubic fm 128 1 A&imoukt's stool, maml, vinyl padded sent and armrest 129 1 Base cabinet, 4PPx 24", 6aminatc, 2 lower d"m 130 2 Fire exflnguishsm, If) Its. Dental lalhae Baldor, Modet no.: 437B, with 2.9plasliguards, aahilorm 'suet f 32 Desk cmaic Iantp, flUCIMSMA 133 1 De* Can, I fmxyiwzll, 1'd" 134 1 DunWl polkircr, Price, 5i-,jjjjjqss 5t"I, will, vaQUU111 and Splashkilard 135 1 Air comapeessor timerl controller, Inturmatic, modal no, not avall"Ible 136 1 Struagw Shelf, I?" x 42" v, 15", Imuinate. 6-7jer 137 1 cleat, 12" diamotej, plasttc M 1 flastu cabinct, 21 " v�ldc, instal, top an(I ni[Eom dcnws 139 1 EliMflu'll outlet, fine, 40' wide, 10 -plug DR, FULP"R R. PERRFR, INC' MOVABLE EQlJ[PNIENT EFFEC711VE DATE OF VALUE, JANUARY 20, 2016 Item No, (fly, DcsCription 140 1 MornWr, Magnilvo%, U", with, DVD player 141 1 UlkiBunicaltanrr, L&R, Modml no.: T -H, stainless steof 142 1 Vibfatcj unit, Bufihlo, Model iio,: JA 143 1 WWe H-ceptuc-1 0, stainless steel, With foot lid 144 1 Cuting maehino, Verimp-Borldloff co,, 1�4odel- N11fli fact, 20" x A8" X29" overall, w1upernture controls 145 1 Time r1cwk, Royol, IVILx1cl no,: Time Mwac'r pyo 1000 146 2 Compulur Wwca, Dell, Mo«l mv Dimeissikin IOU(), with keyboards 147 1 Paper clatter, 13f)5uin, ModeG n3?,: 26112 141a I PosuntQ scafc, PeJou4c, Model no,: X2 149 1 F, li nace, Kerr, S*Qj ies 460, Model: Sybrun, 2,5ij1?degree (.0par,ity I SO I Gmuflc player1radio, Andi*vox 151 1 Folding Steptool, 3 -Step, Ictal 152 1 t-'oor hcater, I ]eat Strum, ettcHr, 153 1 'jvficrowave, Goldstat I S4 I Pfni rcffigerator, prigidaire, I cubic Feet 155 1 Cfmir, tubt0armetol, stilt 156 1 Slutdifer, Fellawcs, Mvdvd no< P870-2 157 1 I-Odmg tablet }rand truck, meml, plastic top, 2(V'x 18" DR. LULLti 1i, I EIMER, INC. M OV, BLL L;QUIPMENT EFFEC I"IVh lJA'l"L OF VALUE - JANOARY 20, 2016 item No. Qty' IN"wripti¢n 158 1 Filu canbfnat, I<ste.r size, sractal, A-drmvq'r 159 1 Fila cabinet, ]carr slzr, toultil, 2-drawcr 160 1 S6rver, Dull, Model no.: PowerE dge SC420, we4b keyboara9 161 1 Scrye`, Dell, Model no.: Poweerdge, T1 1011, wrltln ViewSranic monitor, McAel no,: VP710, 162 1 UPS, APCs, Modcl no.: ];ack-CUPS XS 1000 W 1 Ocsk, 48" x 3', motal lei , laininat¢ test>, upper Inatch, lel" dcc1, l64 1 Firewall, Sonicftll, Milidef no,: T7,. 150 l65 1 Roulrr, Motorola, Model nn.: 9urfbomiml 513065100 1 Cita 1 Cwmlaa"Isr, 1 desvlatt Piaa'arrax3, ]t]cntful Tnux;h`3raiarC, 19" semen with speakers, DVD tlrlae 46'7 1 L3csldup vcrCiz;a1 daill, c.usteent nnzrciu, 2,d1{7tJ teen 168 1 Coplor, C"antra, Model no,: VC921 lt9 1 tila7raage cnhinci', 1Q"x. �R":e IS", sxlelnl,.2-de7fir lfi0 1 Sdextl,ltthuftarantyttsllals,pl[zslii;yetiurscEPimck 171 2 G+ est Uta cs, evened leg.s, vinyl padded seals ind backs 172 1 '1 elevisim, Mapiavox, I T" 173 l laser primeir, .Sainsant6, Model nta.: CLP -fl 0 170 1 F'julpilic'm Land, IT' x IJ'" ttdanIll rnictal iota, laminate top 175 l C'umputer cicA, 25" x 18", mowl, I kvybo:ird dmwer 1116 1 Laptop computor, Dell, iMrrclal no.: Vosrm 1500 PRl WLER R, FBI(RU, ING, NfOVABLE PQLlH'f,'lEN F I4 i -,c nvE DAI L OF VALUE -JANUARY 20, 2016 Item No o ry, 177 178 1 Nsk fifer, f6'" vjide, laminate, 2-dvawer 179 1 Pro 84,00 180 1 (im tank� velidar own0d, mol apprid,40d 181 1 Desk, 60" x 29", double pudc-dal, lamiliate 192 1 Tosk N921611ir, Plastic, vffiyJ seat mid bauk 183 1 Uptop, Doll, Model: Inspirm 184 1 Lot of dontal (oolsand hand pieces, inchkdiqbut not Hulk(] to, low sawed drills, fbrcep5, tweezers, sal-aperg, arirfol 5, allil bivil 'speeof drilb 185 1 Deoffid VWullm pump, ADP, modcl no. itot avallalAo, twin head, with se-parow 136 1 Alrca7tnlraccsor, Campbelt f laoqf,Id, pari nb1c type, Castem 187 1 Extcrision ladder, Werner, 16', nmtal