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HomeMy WebLinkAboutContracts & Agreements_9-1973Redlands ------ California 5070-1 Form MR/W-a February _?1... -........ i-9 73 -- Gmntor— DIST. COUNTY RTE. P.M. R/W E. A. 08 SBd 38 t 5.6 167909 Document No ---------- - 59'-0 _------ _------- in the form of a ------ _._---- G=-t __I3ae-d --_---- —------ -----, covering the property particularly described therein has been executed and delivered to-_ -------- _--- __-_____-__- -DEN -IS B.---- SiteM-------------------------- Right of Way Agent for the State of California. In consideration of which, and the other considerations hereinafter set forth, it is mutually agreed as follows: I. The parties have herein set forth the whole of their agreement. The performance of this agreement constitutes the entire consideration for said document and shall relieve the State of all further obligation or claims on this account, or on account of the location, grade or construction of the proposed public improvement. 2. The State shall: (A) Pay the undersigned grantor (s) the sum of 50_0 _90xxxfor the property or interest conveyed by above document (s) when title to said property vests in the State free and clear of all liens, encumbrances, assessments, easements and leases ( recorded and/or unrecorded), and taxes, except: a. Taxes for the fiscal year in which this escrow closes which shall be cleared and paid in the manner required by Section 4986 of the Revenue and Taxation Code, if unpaid at the close of escrow. b. Covenants, conditions, restrictions and reservations of record, or contained in the above referenced document. c. Easements or rights of way over said land for public or quasi -public utility or public street purposes, if any. NORM 2A (©) Pay all escrow and recording fees incurred in this transaction, and, if title Insurance is desired by the State, the premium charged therefor. (C) Have the arIthority to deduct and pay from the amount shown in Clause 2(A) above, any amount necessary to satisfy any delinquent taxes due in any fiscal year except the fiscal year in which this escrow closes, together with penalties and iriterest thereon, and/or delinquent or nondelinquent assessments or bonds except those which title is to be taken subject to in accordance with the terms of this contract. This transaction will be handled through an escrow with Title Insurance and Trust Company of San Bernardino, California, under its Order No. 650818. 3. Grantor warrants than there are no oral or written leases on all or any of the property exceeding a period of one month, and the grantor agrees to hold the State harmless and reimburse the State for any and all of its Josses and expenses occasioned by reason of any lease of said property held by any tenant of grantor for a period exceeding one month. IN WxTNr,,ss WrmREOF, the parties have executed this agreement the day and year first above written. Recommended for Approval:, B Right of Way Agent E BY - -- - -- sehi OF Right of Way Agent CITY OF REDLANDS, a Muni c ipaa 1 Corporation k B . CU=ing s Y r----------- e Moseley, C' Clerk Grantor......_ ,STATE OF CALIFORNIA DEPARTmFNT of PuBLic Wom Dmsioa of HiG: S By— --- Ao Obligation Other Than Those Set Forth Herein Will Be ,; MST. 4070. AD20C 900 2-50 10N sort ® OBP