PARKS, DOUGLAS L. AND CERVINO, ROBERTA L.

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OFFICIAL BUSINESS Document exempt from Recording Fees pursuant to Government Code §6103 When Recorded Mail to: Agency Secretary The Redevelopment Agency of the City of Riverside 3900 Main Street, 5th Floor Riverside, CA 92522 Attn: Michelle Davis Project: Citywide Home Improvement Rebate Program APN 222 262 023 DOC I:t 2004--0658479 08/20/2004 08:00~ Fee:NC Recorded in Official Records County or Riverside Gary L. Orso Rssessor, County CJerk & Recorder M S U PAGE SIZE DA PCOR NOCOR SMF M~SC AGREEMENT AND COVENANTS, CONDITIONS AND RESTRICTIONS AFFECTING REAL PROPERTY THIS AGREEMENT AND COVENANTS, CONDITIONS AND RESTRICTIONS AFFECTiNG REAL PROPERTY ("Agreement") is entered into thisJ0th day of June ,2004 (the "effective date") by and between the City of Riverside Redevelopment Agency, ("Agency") and Douglas L. Parks and Roberta L. Cervino ("Owners"), with reference to the following facts: RECITALS WHEREAS, the Agency has approved and implemented a Home Improvement Rebate Program ("Rebate Program") for the purpose of providing financial assistance to low and moderate income households within the Riverside Neighborhoods Revitalization Program area; and WHEREAS, the Rebate Program will be funded with money from the Agency's low and moderate income housing set aside fund as described in Health and Safety Code Section 33334.2 ("Fund"); and WHEREAS, the Rebate Program is consistent with the City of Riverside's ("City") General Plan and is consistent with the intent of Community Redevelopment Law as set forth in Health and Safety Code Sections 33000, et sequitur; and WHEREAS, the Owners are the owners of the certain real property known as 5455 Brittany Avenue, in the City of Riverside, County of Riverside, California, (the "Property"), which is described on Exhibit A attached hereto and incorporated herein by reference, which will benefit from the Rebate Program; and