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to <br />MEMORANDUM OF AGREEMENT <br />THIS AGREEMENT is entered into between the CITY OF SAN LEANDRO, <br />a Municipal Corporation, herein called City, and JOHN BROOKS and <br />BARBARA MATHEWS BROOKS, his wife, herein called Brooks, on the date <br />hereinafter set forth. <br />W I T N E S S E T H: <br />WHEREAS, Brooks intends to acquire certain real property known <br />as the "CASA PERALTA" which is described in that certain grant <br />deed attached hereto as Exhibit "A," and upon the acquisition <br />desire to immediately convey said real property as a gift to the <br />City. <br />NOW, THEREFORE, Brooks does hereby offer to grant to the City <br />of San Leandro as a gift that certain real property known as the <br />"CASA PERALTA" and described in that Exhibit "A" attached hereto, <br />and upon those certain conditions as set forth in said Exhibit, <br />provided Brooks shall be able to obtain fee simple title to said <br />real property from the present owners thereof in accordance with <br />an Agreement of Sale and Deposit Receipt dated October 1971 <br />between Brooks and Gilmore Hospital Inc. Brooks does hereby <br />offer to convey to the City the title to said property free and <br />clear of any liens, encumbrances, and restrictions except as set <br />forth in said Exhibit "A," exceptions 1 and 2 as set forth in <br />the preliminary report of Title Insurance and Trust Company dated <br />September 1971, No. OK-190935, and a deed of trust securing the <br />principal sum of $110,000.00 executed by Brooks, as trustor, in <br />1 , PAP yr A-/S' <br />