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PURCHASE AND SALE AGREEMENTAND ESCROW INSTRUCTIONSBY AND BETWEEN
RMV COMMUNITY DEVELOPMENT, LLC,
a California limited liability company, and
DMB San Juan Investment North, LLC,
a Delaware limited liability company
("Seller")AND
CITY OF SAN JUAN CAPISTRANO
a California municipal corporation
("Buyer")
 
TABLE OF CONTENTS
BASIC TERMS AND DEFINITIONS; REFERENCES
2
1
.I
Basic Terms and Definition 21.2 References 2PURCHASE AND SAL 2PURCHASE PRICE 33.1 Purchase Price
.............................................................................................
33.2Payment of Purchase Price
..............................................................................................
3PROPERTY INFORMATION; TITLE REVIEW; INSPECTIONS; CONFIDENTIALITY;RELOCATION RIGHTS
.............................................................................................
34.1 Property Information4.2 Title; Title Policy4.2.1 Delivery of Title Report4.2.2 Title Conditions4.3 Inspections4.3.2 Environmental Inspection4.4 ConfidentialitOPERATIONS AND RISK OF LOSS5.1 Ongoing Operations5.2 New Contracts
5.3
Damage or Condemnation6.1 Seller's Deliveries into Escrow
...................
...
5
6.2 Buyer's Deliveries into Escrow
..........................................................................................
66.3 CIosing Staternents/Escrow Fees; Notices 66.4 Post-Closing Deliveries
...................................................................................
6CONDITIONS TO BUYER'S AND SELLER'S OBLIGATIONS 67.1 Conditions to Buyer's Obligations
.........................................................................
67.2 Conditions to Seller's Obligation
7
CLOSE OF ESCROW; POSSESSION
8
ESCROW
8
9.1 Closin
8
9.2 Escrow and Title Charge 99.3 Procedures Upon Failure of Condition
9
 
TABLE OF CONTENTS
(continued)
Page
PRORATIONS
...............................................................................................................................
910.1 Coliected Rent 1010.2 Operating Costs and Additional Rent Reconciliation 1010.3 Taxes and Assessments 1010.4 Utilities and Utility Deposits 1110.5 Final Adjustment After Closing 11SELLER'S REPRESENTATIONS AND WARRANTIES; AS-IS 1111 I Seller's Representations and Warranties 1112INDEMNIFICATION 1312.1 Buyer's Representations and Warrantie 1312.2 Release 1412.3 ERISA 1512.4 Indemnification 15DEFAULT AND DAMAGES 1513.1 Default by Buye 1513.2 Default by Selle 16BROKER'S COMMlSSl 16USE RESTRICTIONS; SELL 1615.1 Restrictions on Use of Real Propert 1715.2 Seller's Resewed Rights
19
15.3 Incorporation into Grant Deed 19ADDITIONAL POST-CLOSING COVENANTS 2016.1 Buyer's Covenants
--
Genera 2016.2 Buyer's Covenants
-
Habitat Reserv 2016.3 Incorporation nto Grant Deed 2016.4Buyer's and Seller's Covenants
-
Parcel
8
Citrus Grov 21RODEO LICENSE AGREEMENT 21MISCELLANEOUS PROVISIONS 2218.1 Notices 2118.2 Assignment; Binding on Successors and Assigns 2318.3 Work Product
................................................................................................
318.4 Further Assurances
................................................................................................
2318.5 Attorneys' Fees
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2318.6 Survival of Representations, Warranties and Agreements
...........................................
23
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