SIGNATURE PROPERTIES TRACT 6820 - Laserfiche WebLink

,. WHEN RECORDED, RETURN TO: RECORDED BY: AGREEMENT FOR PAYMENT OF BONDED INDEBTEDNESS Tract No. 6820, Avila II at Hacienda, Pleasanton Alameda County, California T ' Agreement for Payment of Bonded Indebtedness ("Agreement") is made this f 7~- day of ~``'~-~" , 1997, by Signature Properties, Inc., a California corporation, ("Developer"), and the City of Pleasanton, a municipal corporation, ("City"). 1. Developer is the owner of all of the real property located in the City of Pleasanton, State of California, described as follows: Lots 1 through 57, inclusive, Parcels A t ough T inclusive, as shown on the subdivision map of Tract 6820 filed for record on ~'-~-~ l ~' , 1997, in Book of Maps at Pages et seq. in the Official ecords of the County of Alameda, State of California (collectively the "Property"). 2. The parties agree and acknowledge that: (i) Lots 1 through 57 inclusive, are lots upon which a single family residential structure can be constructed; and (ii) that Parcels A through T inclusive, are common area parcels upon which no residential structure can be constructed. 3. The Property is currently encumbered by the following bonds: a. Assessments payable under the Consolidated Reassessment District 1993-1; b. Assessments payable under the Consolidated Reassessment District 1993-2; Assessments payable under the Consolidated Reassessment District 1993-3. The assessments identified in subparagraphs a. through c., inclusive, of this Paragraph 3, above, are collectively referred to as the "Bonds". 4. The parties acknowledge and agree that: