HomeMy WebLinkAbout1976-045385A.ECO~ING REQUESTED
Fih'~#1D ~ RETURN T0:
Ines A. del Campo, City Clerk
CITY OF ARROYO GRANDE
P. O. Box 550
Arroyo Grande, Calif. 9342Q
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OFFICIAL RECORI>,
$AN LUIS OBISF'0 CO., CAL
_ Nau~. 19Z& _ -
COMPARED
WILLIAM E. ZIMARIK
COUNTY RECORE)ER
~IM~ 3: ~ o P~1?
COVENANT RUNNING WITH LAND
This agreement entered into between Robert D. Stone
and Helen Stone
husband and wife, of
279 Alder Street, Arroyo Grande, California ,
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
All that property described in Joint Tenancy Grant Deed recorded
in Volume 1576 at Page 210, records of San Luia Obispo County,
of the City of Arroyo Grande, commonly known as
279 Alder 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 - S997.95 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, Robert D. Stone
and
Helen Stone hereby agree to pay to the City of Arroyo
Grande at the City Hall, Arroyo Grande, California, the principal sum of
$997,95 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 $142.09 ,
with the first payment due Julv 1. 1977 and each payment thereafter
due on July 1 of each YeBT until said sum is paid in
full. The owners may, at any time until said sum has been fully paid, pay
all or any portion of said obligation in excess of the sum due at the time
of the July 1
payment. In the event that owners fail to
make any payment as it falls due, the entire unpaid balance of said sum due
to the City of Arroyo Grande shall become immediately due and payable at the
" ,~-$_s vD~1934 Pace; 79.
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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: October 20, 1976
City of Arroyo Grande
By:
Owners of real property commonly referred
to as _ ~~o elAr,r Rr.
Arroyo Grande, California
~Zwl/1 ~cy~~,~ OWNER
OWNER
STATE OF CALIFORNIA )
ss.
COUNTY OF SAN LUIS OBISPO )
On October 20 19 76 , before me, the undersigned, a Notary
Public in and for said State, personally appeared Robert D. Stone
and Helen Stone , known to me to be the persons whose
names are subscribed to the within instrument and acknowledged that they
executed the. same. - -- _ - _-_--
WITNESS my hand and offical seal.
~4-r.~. ~- ~i
OFFICIp EpI,
ANNA M. MARSALEK
m NOTARY PUBLIC - CALIFORNIR-- ' -
SAN LU75 OBISPO COUNry I
MY camm..expires JUN 11, 1980
214 E. Branch 51., Arroyo Grande, CA 93470
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Erm QF DOCUMENT ~ vo~1934 PACE 80