Loading...
HomeMy WebLinkAbout1977-003481RECORLIING REQUESTED BK AND~,FETURN T0: Ines S. del Campo, City C1erC~ __ CtiY OF ARROYO GRANDE P. O. Box 550 Arroyo Grande, Calif. 9340 ~. ~ 5i132l~ AECR `/ ooc. No. 3481. ' OFFICIAL RECORDS --- _ __ _ 9AN tW3 OBISPO CO., CAI: ____- __.~~~_~1A~12.11977 COVENANT RUNNING WITH LAND WILLIAM E LMARIK COUNTY RECORDER T1MIE ,~ 3 1 5 P ~ ..a This agreement entered into between Reynolds Ritchie and Georgie g Ritchie husband and wife, of 571 So. Traffic Way Extension hereinafter called owners, with the City of Arroyo Grande, a municipal cor- potation, 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 portion of Lot 91 of the Ranchos Corral de Piedra, Pismo and Bolsa de Chemisal as oer Grant Deed recorded in Volume 1691 Page 348 of Official .Records of San Luis Obispo County. of the City of Arroyo Grande, commonly known as 571 South Traffic Way Extension 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 $1,199rb4 in 5 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, Reynolds Ritchie and Georgie FayeaAitchie hereby agree to pay to the City of Arroyo Grande at the City Hall, Arroyo Grande, California, the principal sum of $1,199.64 together with seven per cent interest on the unpaid balance of said sum... Said principal sum will be paid in _ 5 _ _ equal payments in the amount of $292.58 with the first payment due Julv 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 ,o-S-s rvo~1951` PA~>F264 io-st ~.. 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: ~ / ~ / / City of Arroyo Grande By Owners of real prc to as 571 So. 7 Arroyo Grande, Cal REYNOLDS commonly referred ~o~ ~ ~ GEORGZE FAYE RITCHIE STAB OF CALIFaRAZA -- _ ~--- - Vl= urvle.a, ) as. COUNTY OF S~ ) On _~dl ~ ~(Q 192Z, before me, the undersigned, a Notary Public in and for said State, personally appeared ~~~~ O ~ ~,! }~y/T and ±,~o ~ rE FQy~ P,,t ~i~ , known to me to be the persons whose names are subscribed to the within instrument and acknowledged that they executed the amme. WITNESS my hand and offical seal. OFFICIAL SSAL ROY. 'S. GARRETT NOTARY PUBLIC-CALIFORNIA VENTURA COUNTY MyCommission ExpiresJuly21,1978 EN'D O~F DOCUMENt wo~1951 PACE:265