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IIIP <br /> EXHIBIT "C" <br /> AGENCY DEED <br /> RECORDING REQUESTED BY, ) <br /> MAIL TAX STATEMENTS TO ) <br /> AND WHEN RECORDED MAIL TO: ) <br /> ) <br /> CREEKSIDE ASSOCIATES, LLC ) <br /> 2656 Bridgeway ) <br /> Sausalito, CA 94965 ) <br /> Attention: Managing Member ) <br /> ) <br /> This document is exempt from payment of a recording fee pursuant <br /> to Gov't Code Section 6103. <br /> GRANT DEED <br /> For valuable consideration, receipt of which is hereby acknowledged, <br /> The REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO, a public <br /> body, corporate and politic (the "Agency "), acting to carry out the Redevelopment Plan (the <br /> "Redevelopment Plan ") for the Plaza Redevelopment Project (the "Project "), under the Community <br /> Redevelopment Law of California, as of , 2001, hereby grants to CREEKSIDE <br /> ASSOCIATES, LLC, a California limited liability company and T. LAWRENCE JETT, a married <br /> man as his sole and separate property (the "Developer "), the real property hereinafter referred to as <br /> the "Property," described in Exhibit "A" attached hereto and incorporated herein, subject to existing <br /> easements, restrictions and covenants of record and further subject to the provisions of this Grant <br /> Deed as set forth below. The conveyance is subject to a reservation of easement in favor of the <br /> Agency and its designees for ingress, egress, access and parking (including unrestricted weekend and <br /> evening use and eight (8) parking spaces during the hours of 9:00 a.m. to 5:00 p.m., Monday through <br /> Friday). <br /> 1. Reservation of Mineral Rights. Agency excepts and reserves from the conveyance <br /> herein described all interest of the Agency in oil, gas, hydrocarbon substances and minerals of every <br /> kind and character lying more than five hundred (500) feet below the surface, together with the right <br /> to drill into, through, and to use and occupy all parts of the Property lying more than five hundred <br /> (500) feet below the surface thereof for any and all purposes incidental to the exploration for and <br /> production of oil, gas, hydrocarbon substances or minerals from said Property or other lands, but <br /> without, however, any right to use either the surface of the Property or any portion thereof within five <br /> hundred (500) feet of the surface for any purpose or purposes whatsoever, or to use the Property in <br /> such a manner as to create a disturbance to the use or enjoyment of the Property. <br /> 2. Conveyance in Accordance With Redevelopment Plan, Amended and Restated <br /> Disposition and Development Agreement. The Property is conveyed in accordance with and - <br /> subject to the Redevelopment Plan which was approved and adopted by the City Council of the City <br /> of San Leandro by Ordinance No. 6762, and subsequently amended, and an Amended and Restated <br /> Disposition and Development Agreement entered into between Agency and Developer dated July 17, <br /> 2000 (the "DDA "), a copy of which is on file with the Agency at its offices as a public record and <br /> C -I <br /> DOCS00746041 v4124258.0002 <br />