HUFFMAN, TODD AND WILLIAMS, BARBARA

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,,-- ..... 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 DOC ~ 2007-0155440 8,00A Fee:NC 03/01/200; 0 ' f 10 pageO~f~cial Records Recorded ln f Riverside County 0 Ward \ \\~~\\~\~ i\\\\\\~~\ \\\~\\\\\\ili\\~\i\\ \\\1 OFFICIAL BUSINESS Document exempt from Recording Fees pursuant to Government Code ~61 03 S R U PAGE SIZE DA MISC LONG RFD COpy \ \U ~ , M A L 465 426 PCOR NCOR SMF NCH~ lif ~ D Project: Citywide Home Improvement Rebate Program APN 226-332-017 FOR RECORDER'S OFFICE USE ONLY I ~J AGREEMENT AND COVENANTS, CONDITIONS AND RESTRICTIONS AFFECTING REAL PROPERTY THIS AGREEMENT AND COVENANTS, CONDITIONS AND RESTRICTIONS AFFECTING REAL PROPERTY ("Agreement") is entered into this 21stdayof February, 2007 (the "effective date") by and between the City of Riverside Redevelopment Agency, ("Agency") and Todd M. Huffman and Barbara J. Williams, as Joint Tenants ("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 4534 Gardena Drive, Riverside, CA 92506 (the "Property"), which is described on Exhibit A attached hereto and incorporated herein by reference, which will benefit from the Rebate Program; and 1