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i0,1161all <br />Disclosure Statement <br />THERE ARE RESTRICTIONS ON THE SALE OF THE PROPERTY YOU ARE BUYING. EXCEPT FOR A <br />TRANSFER TO THE CITY OF SAN LEANDRO (THE "CITY") FOLLOWING CITY'S EXERCISE OF ITS <br />OPTION TO PURCHASE, THIS PROPERTY MAY ONLY BE SOLD TO AN "ELIGIBLE HOUSEHOLD" AT <br />A PRICE NOT TO EXCEED THE ADJUSTED RESALE PRICE WHICH IS CAPPED AT AN <br />"AFFORDABLE HOUSING COST." <br />THIS MEANS THAT YOU MAY NOT SELL THE PROPERTY FOR MARKET VALUE TO WHOMEVER <br />YOU LIKE. <br />THESE RESTRICTIONS WILL BE IN EFFECT UNTIL September 1, 2054. ANY SALE OF THE <br />PROPERTY IN VIOLATION OF THE RESTRICTIONS SHALL BE VOIDABLE AT THE ELECTION OF <br />THE CITY. <br />TO DETERMINE WHO AN ELIGIBLE HOUSEHOLD IS, AND WHAT THE ADJUSTED RESALE PRICE <br />AND AFFORDABLE HOUSING COST ARE, YOU SHOULD CONTACT THE CITY OF SAN LEANDRO <br />YOU SHOULD ALSO READ THE RESALE RESTRICTION AND OPTION TO PURCHASE AGREEMENT <br />RECORDED AGAINST THE PROPERTY, YOU MAY OBTAIN A COPY FROM THE CITY OF SAN <br />LEANDRO OR FROM THE ESCROW COMPANY. <br />I HAVE READ THE FOREGOING AND I UNDERSTAND WHAT IT MEANS: <br />Shana J. enaghawon <br />783016-2 <br />Doc: CAALAM:2009 0028460906001 <br />17 <br />Page 21 of 21 Requested By: asha.basava, Printed: 11/14%2018 8:05 PM <br />