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HomeMy WebLinkAboutDeeds & Easements-4-88 RDA_CCv0001.pdf RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: Redevelopment Agency of the City of Redlands c/o John E. Brown, Esq. Attorney for Agency Best Best & Krieger 4200 Orange Street Post Office Box 1028 Riverside, California 92501 MAIL TAX STATEMENTS TO: Redlands Partners 369 San Miguel Drive, Suite 100 Newport Beach, California 92660 Attn: Robert W. Ashin GRANT DEED For valuable consideration, receipt of which is hereby acknowledged, REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS, a public body, corporate and politic, of the State of California, herein called "Grantor , " acting to carry out the Redevelopment Plan for the Redlands Downtown Redevelopment Project (which plan is hereinafter referred to as the "Redevelopment Plan" ) under the Community Redevelopment Law of California, hereby grants to: REDLANDS PARTNERS, a California general partnership as "Grantee, " the real property (hereinafter referred to as the "Property") , described on Exhibit "A" attached hereto and incorporated herein by reference. 1. The Property is conveyed subject to the Redevelopment Plan and pursuant to a Disposition and Development Agreement dated as of February 18 , 1986 (herein called the "Agreement" ) , entered into by and between Grantor and PSB Realty Corporation, as amended from time to time . The interest of PSB Realty Corporation in and to the Agreement has been assigned to Grantee. A copy of the Agreement is available for public inspection at the offices of the Grantor, Suite 202, Redlands Plaza, Redlands, California. 2-. The Grantee hereby covenants by and for , itself, its representatives, successors and assigns and all persons claiming under or through it that during construction and thereafter the Grantee shall not use or permit the use of the Property for other than the uses permitted in the Redevelopment Plan and the Agreement. 3 . Prior to the issuance of a Certificate of Completion by the Grantor as provided in the Agreement, the Grantee shall not, except as expressly permitted by the Agreement, sell, transfer , convey, assign or lease the whole or any part of the Property without the prior written approval of the Grantor . This prohibition shall not apply subsequent to the issuance by Grantor of a Certificate of Completion pursuant to the Agreement with respect to all of the completed improvements upon the Property. 4. Subject to the provisions hereinafter set forth, the Grantor shall have the additional right, at its option, to re- enter and take possession of an individual parcel or parcels within the Property with all improvements thereon, and to dispossess Grantee and all lessees ( if any) and all those claiming by or through Grantee, and revest in the Grantor the estate in such individual parcel or parcels conveyed to the Grantee, if after conveyance of title and prior to issuance of a Certificate of Completion covering such parcel or parcels within the Property, the Grantee (or its successors-in-interest or any such lessees) shall in breach of its obligations under the Agreement: (a) Fail to commence or proceed with construction of improvements on such individual parcel or parcels as required by the Agreement for a period of ninety (90) days after receipt of written notice to proceed from the Grantor ; or (b) Abandon or substantially suspend construction of the improvements on such individual parcel or parcels for a period of ninety (90) days after receipt of written notice of such abandonment or suspension from the Grantor; or (c) Assign or attempt to assign the Agreement, or any rights therein, or transfer or suffer any involuntary transfer of such individual parcel or parcels in violation of Paragraph 3 of this Grant Deed, and such violation shall not be cured within ninety (90) days after receipt of written demand by Grantor . Such right to re-enter, repossess and revest shall be subordinate and subject to and be limited by and shall not defeat, render invalid, or limit : 2- DE00160/1/8/88 � . , . - � - a . . � - • M A • #,. • • • • # • ! • • � • • ! "' t "' • ! •� •A • • 4B w M • •,.. N • i • • • '. • � # � � � � � # Q � � w � � � f IM • fb A, N �1 * Q * s �: •� s • � i • • ' • ' • � • . • *' � !� • • ' • i ! • ! � • • • • • f . • • • t � # • � i ! ! • • • • • # •,. A � • m • '^ • • • " s e a • - w a • • � • - r ., • • " s s w • • • • • . ♦ to - • • • • s a o • • - • • • • • •. • • • • • � �� • � � s � (b) Second, to reimburse the Grantee, its successor or transferee, up to the amount equal to the sum of: (1 ) the purchase price paid to the Grantor by the Grantee allocable to such parcel or parcels; and (2) the costs incurred for the development of such parcel or parcels or for the construction of the improvements thereon. Any balance remaining after such reimbursements shall be retained by the Grantor as its property. The rights established in this Paragraph 4 shall not apply to the Property after a Certificate of Completion for the Property has been issued by the Grantor as provided in the Agreement. 5. The Grantee covenants by and for itself, its representatives, successors and assigns and all persons claiming under or through it ( including, without limitation, all lessees) , that there shall be no discrimination against or segregation of, any person or group of persons on account of race, color, creed, religion, sex, marital status, national origin, or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the Property, nor shall the Grantee itself or any persons claiming under or through it establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use of occupancy of tenants, lessees, subtenants, sublessees, or vendees in the Property. The foregoing covenants shall run with the land. All deeds, leases, or contracts made relative to the Property, improvements thereon, or any part thereof, shall contain or be subject to substantially the following nondiscrimination clauses : (a) In deeds : "The grantee herein cove- nants by and for himself, his heirs, executors, administrators, and assigns, and all persons claiming under or through them, that there shall be no discrimination against or segregation of, any person or group of persons on account of race, color , creed, religion, sex, marital status, national origin or ancestry in the sale, lease, sublease, transfer , use, occupancy, tenure or enjoyment of the land herein conveyed, nor shall the grantee himself or any person claiming under or through him, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number , use or occupancy of tenants, lessees, subtenants, sublessees or vendees in the land herein conveyed. The foregoing covenants shall run with the land. " -4- DE00160/1/8/88 (b) In leases: "The lessee herein covenants By ana for " himself, his heirs, executors, administrators and assigns, and all persons claiming under or through him, and this lease is made and accepted upon and subject to the following conditions: That there shall be no discrimination against or segregation of any person or group of persons, on account of race, color , creed, religion, sex, marital status, national origin or ancestry, in the leasing, subleasing, transferring, use, occupancy, tenure or enjoyment of the land herein leased, nor shall the lessee himself, or any person claiming under or through him, establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number, use 'or occupancy of tenants, lessees, subtenants, sublessees or vendees of the land herein leased. " (c) In contracts: "There shall be no discrimination against or segregation of, any person or group of persons on account of race, color , creed, religion, sex, marital status, national origin, or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure or enjoyment of the land, nor shall the transferee himself or any person claiming under or through him establish or permit any such practice or practices of discrimination or segregation with reference to the selection, location, number , use, or occupancy of tenants, lessees, subtenants, sublessees or vendees of the land. " 6. No violation or breach of the covenants, conditions, restrictions, provisions or limitations contained in this Grant Deed shall defeat or render invalid or in any way impair the lien or charge of any mortgage, deed of trust or other financing or security instrument expressly permitted by the Agreement ; provided, however, that any successor of Grantee to the Property or parcels thereof shall be bound by such remaining covenants, conditions, restrictions, limitations and provisions, whether such successor 's title was acquired by foreclosure, deed in lieu of foreclosure, trustee ' s sale or otherwise. -5- DE00160/1/8/88 - . - - � . a . . . . - . • � . . . � � . - � � � . * _ . . . . - � - . « « . . . - . . - s � � » � It s _ • � • • .. � _ _ � « • • • s • � • w � • • _ - ' • s s ! � • ® • s � " • � x • .� • • • � • • •; •M rt • � • t s^' - • M � � m � � • a s w • - ^ • - - • � � • • • � • � � • � • +► � +� • • • °� � � • li dM i • t y IN WITNESS WHEREOF, the Grantor and Grantee have caused this instrument to be executed this day of - , 198 . Dated: Feb. 12, 1.488 REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS B By: ATTEST: S-ecrktary Redlands Redevelopment Agency APPROVED: Best , Best & Krieger Agency Counsel By: � The provisions of this Grant Deed are hereby approved and accepted. Dated: REDLANDS PARTNERS, a California general partnership BY: ORANGE S OC C partnership,S 0 a Califo partnership, as General Partne By: Cohep,),-, I#�E�e7r�l,P By: %Robert D. Exel, Its General Partner BY: DSL SERVICE COMPANY, a California corporation, as Gener-2Partner '-zBy: I e-PeresiEenfitt!" By: tLtSecretary DE00160/1/8/88 pjV79tdn ' STATE OF CALIFORNIA ss . Ca3h'"lY OF SAN BM;N*AMINO On Feb. 12, 11 1988 , before me, the undersigned, a Notary Public in ani-or said County and State, personally appeared Barbara C. Wormser and Charles G. DeMirjyn personally known to me known to me (or prove d to me on the basis of satisfactory evidence) to be the persons who executed the within instrument as the Vice Chairman and Member , on behalf of the Redevelopment Agency of— the City of Redlands, therein named, and acknowledged to me that such agency executed the within instrument pursuant to its bylaws or a resolution of its governing Board. WITNESS my hand and official seal . 16. OFFICIAL NOTARY PUBLIC a Hftry FdOW-0al"offft WX SE004APOM COUNTY F4O my Comm bv.AV*12,1991 STATE OF CALIFORNIA ss . COUNTY OF SAN BERNARDINO On Feb. 12 , 1988, before me, the undersigned, a Notary Public in and for said County and State, personally appeared Lorrie PoVzer AZ3dX personally known to me known to me (or proved to me n the basis of satisfactory evidence) to be the persons who executed the within instrument as the Secretary And on behalf of the Redevelopment Agency o the City of Redlands, therein named, and acknowledged to me that such agency executed the within instrument pursuant to its bylaws or a resolution of its governing Board. WITNESS my hand and official seal . OFFICIAL S.GANCHEZ NO"PUNW-Camomia NOTARY PUBLIC SAN BERNARDINO COUNTY My Comm.Emp.A"12,1951 DE00160/l/8/88 EXHIBIT "A" LEGAL DESCRIPTION ALL THAT REAL PROPERTY SITUATED IN THE COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: LOTS 1, 2, 3, 4, 5 AND 6 OF "TRACT MAP NO. 14527, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, AS PER PLAT RECORDED IN BOOK 204 OF MAPS , PAGES 95 THROUGH 97, INCLUSIVE, RECORDS OF SAID COUNTY.