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HomeMy WebLinkAbout1976-050562RE„CORDJN~.:_REQUESTED ~- gY &' RETURZJ T0: •3]Z]~ 9~ ~~ InBS A. del Campo, City Clerks ../ CITY OF ARROYO GRANDE P. O. Box 550 Arroyo Grande, Calif. 93420 DOC. NO. 5OS62 OFFICIAL RECORDS _- ~w`_` ac nn. _~.i_~. _. DEC D197p6 WILLIAM E. fl~~ COVENANT RUNNING WITH LAND COUNTY RECORDER nnnE 1--2 1) 1 PM .: This agreement entered into between RALPH J. O'H?,GAN and CHARMAINE D. O'HAGAN husband and wife, of 255 Walnut Street, Arroyo Grande, Ca. 93420 hereinafter called owners, with the City of Arroyo Grande, a municipal cor- poration, hereinafter called City, is entered into in consideration of the following facts: 1. Owners are the owners of that certain house and lot being that property described in Deed of Trust recorded in Volume 1892 at Pa¢e 327 of Official Records of San Luis Obispo County. of the City of Arroyo Grande., commonly known as 255 Walnut Street Arroyo Grande, California. 2. City's Municipal Code Section 6-6.503 provides for no sewer ser- vice connection until owner has paid a sewer charge or entered into an agreement in writing to do so. 3. In consideration for the owners agreeing to pay to the City of Arroyo Grande the sum of $904.92 in 10 equal installments commencing July 1 19 77 , together with interest thereon, owners are granted a permanent right to connect to said sewer. In consideration of the foregoing, Ralph J. O'Hagan and Charmaine D. O'Hagan hereby agree to pay to the City of Arroyo Grande at the City Hall, Arroyo Grande, California, the principal sum of V1 $904.92 together with seven per cent interest on the unpaid balance of said sum. Said principal sum will be paid in 10 equal payments in the amount of $128.84 , with the first payment due July 1, 1977 and each payment thereafter due on July 1 of each year until said sum is paid in full. The owners may, at any time until said sum has been fully paid, pay all or any portion of said obligation in excess of the sum due at the time of the July 1 payment. In the event that owners fail to make any payment as it falls due, the entire unpaid balance of said sum due to the City of Arroyo Grande shall become immediately due and payable at the ,, ~;4 ._ ,, .; ~ - , _ ,o-~-s ~,~D11941 PACE 52 ~- i o- S-S .-_; ~ ~ election of the City; and if it is necessary for the City to initiate legal proceedings to collect any sums due under this agreement, owners agree to pay such amount as the Court deems reasonable on account of attorney's fees. This agreement is set forth as a covenant running with the land and expressly binds the owners, their heirs, successors, and assigns. DATED: December 6, 1976 City of Arroyo Grande By:~. ~_ Owners of real property commonly referred to as 255 Walnut Street Arroyo Grande, California ~~~~0,~_3~~ Ral J. Hagan OWNER /Q ~ Charmaine D. O'Hagan JlIER STATE OF CALIFORNIA ) ss. COUNTY OF SAN LUIS OBISPO ) On December 6 19 76 ,before me, the undersigned, a Notary Public in and for said State, personally appeared Ralph J. O'Hagan and _ Charmaine D. O' Ha>;an , known to me to b e the persona whose names are subscribed to the within instrument and acknowledged that they executed the same. WITNESS my hand and offical seal. ~ 0 ' E' . ~V _ __-S i- - 7 END OF DOCUMENT OFFICIAL SEAL ANNA M. MARSALEK m NOTARY PUBLIC -CALIFORNIA SAN LUIS OBISPO COUNTY My amm. ezpirss JUX Il, 1980 214 E Bmndl A., Arroyo , ~ 934T0 E~o~1941 PACL 53