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~IP.'".'~.:" IcmJ ~~ OFFICIAL BUSINESS Document exempt from Recording Fees pursuant to Government Code 96] 03 When Recorded Mail to: Agency Secretary The Redevelopment Agency for tbe City of Riverside 3900 Main Street, 5th Floor Riverside, CA 92522 AUn: MicheUe Davis DOC n 2007-0450404 07/11/2007 Conformed Copy Has not bee~ compared with original count~r~r ~i~:~~ide ~ssessor, County Clerk t Recorder Project: Community Investment Team Grant Program APN 190-102-005 FOR RECORDER'S OFFICE USE ONLY AGREEMENT AND COVENANTS, CONDITIONS AND RESTRICTIONS AFFECTING REAL PROPERTY THIS AGREEMENT AND COVENANTS, CONDITIONS AND RESTRICTIONS AFFECTING REAL PROPERTY ("Agreement") is entered into this 10th day of May, 2007 (the "effective date") by and between the REDEVELOPMENT AGENCY FOR THE CITY OF RIVERSIDE, a public body, corporate and politic, ("Agency") and Nancv Alcaraz, as a single woman ("Owners"), with reference to the following facts: RECITALS WHEREAS, the Agency has approved and implemented a Community Investment Team Grant Program ("Grant Program") for the purpose of providing financial assistance to low and moderate income households within the Riverside Neighborhoods Revitalization Program area; and WHEREAS, the Grant 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 ~ 33334.2 ("Fund"); and WHEREAS, the Grant 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 SS 33000, et sequitur; and WHEREAS, the Owners are the owners of the certain real property known as 6160 Antioch Avenue (the "Property"), which is described on Exhibit A attached hereto and incorporated herein by reference, which will benefit from the Grant Program; and