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HomeMy WebLinkAboutA3162 - HALLMARK UNITED COMMUNITY HOUSING DEVELOPMENT SENIOR 344 N SUNRISE R17970 United Community & Hsg Dev Corp-Bill Sale/Grant Easement Art Work - 344 N. Sunrise V AGREEMENT #3162 RECORDING REQUESTED BY N R17970, 10-21-92 AND WHEN RECORDED MAIL TO: — ----- — m c3 yy� vi CD tj 'l o`l\G. ` E�G3PE9+ate,4iv;°i"r.,N"i", (For Recorder's Use Only) ( I4✓ GRANT OF EASEMENT AND AGREEMENT This Grant of ,Easement and Agreement (this "Agreement") is made as of (')i La--��i_- ,q , 199,E by and between UNI__TED COMMUNITY AND HOUSING DEVELOPMENT CORPORATION ("Grantor") and the CITY OF PALM SPRINGS, CALIFORNIA, a municipal corporation (the "City") . R E C I T A L S• A. Grantor is the owner of that certain real property located in the Countv of Riverside, State of California, more particularly described on Exhibit "A" attached hereto ("Grantor's Property") . B. City is the owner of a certain work of art ("Art Work") created by Tna Fay ("Artist") which Grantor desires City to locate on a portion of Grantor's Property. C. To facilitate location of the Art Work upon Grantor's Property, Grantor desires to grant to City an easement for purposes of placing the Art Work on Grantor's Property as more particularly provided herein. NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the parties hereby agree as follows: 1. Grant of Easement. Grantor hereby grants and conveys to City a perpetual non-exclusive easement in gross over that portion of Grantor's Property legally described or depicted on Exhibit "B" attached hereto and incorporated EXHIBIT "C" TO AGREEMENT FOR PURCHASE AND SALE FS213471014084-"1120U1591.1 08/18/92 ^ � . 420310 herein (the "easement area") for purposes of placing the Art Work thereon and for access over and across the Grantor's Property and for purposes of maintaining, repairing and replacing, if necessary, the Art Work and for the removal thereof. 2 . Maintenance. Grantor hereby agrees to maintain the easement area, including all access paths, landscaping and other improvements, in first class condition, and shall maintain the Art Work .in first class condition and shall perform all maintenance recommended by the Artist with respect to the Art Work. Grantor shall repair and/or replace any damage to the Art Work within fourteen (14) days of such damage being discovered.. In the event any graffiti is discovered on the Art Work, Grantor shall remove such graffiti on the same day it is discovered. It is the intent of the parties that so long as the Art Work remains on Grantor's Property, Grantor shall keep, maintain, repair and replace the Art Work such that it remains in a good, clean and first class condition and of the highest quality. Materials used to restore, repair or replace any portion of the Art Work shall be of equal or better quality than the original materials used in the Art Work. When necessary, Grantor shall consult the Artist or another competent art work conservationist or restoration specialist to determine the best methods of such restoration or repair. All such maintenance, repair, replacement and restoration shall be at the sole cost of Grantor. 3 . Insurance. Grantor shall procure and maintain, at its sole cost and expense., in a form and content satisfactory to City with an insurer qualified to do business in California and rated "A" or better in the most recent edition of Best Rating Guide with a financial class category of Class VII or better, unless such requirements are waived by the Risk Manager of the City, during the entire term of this Agreement and at all times while the Art Work is located on Grantor's Property, the following policies of insurance: (a) Comprehensive General Liability Insurance. A policy of comprehensive general liability insurance written on a per occurrence basis, together with a Broad Form CGL Endorsement and insuring against contractually assumed liability which shall specifically insure Grantor's indemnity obligations under Section 4 below. The policy of insurance shall have a combined single limit liability of One Million Dollars ($1, 000, 000. 00) . -2- PSM4T014084-000112007391.1 09118M . 420310 ragac� (b) Workers' . Comtlensation Insurance. A policy of workers' compensation insurance in an amount as would fully comply with the laws of the State of California and which shall indemnify, insure and provide legal defense for both Grantor and the City against any loss, claim or damage arising from any injuries or occupational hazards or diseases occurring to any worker employed by or any person retained by Grantor in the course of carrying out the obligations of this Agreement. (c) Fine Arts Insurance. Grantor shall procure and maintain on behalf of City, as the owner, fine arts insurance on the Art Work on all risk form with limits not less than Twenty Five Thousand Dollars ($ 25,000.00 ) and a deductible not to exceed One Thousand Dollars ($1, 000. 00) for each loss. The payment of any deductible amount shall be the responsibility of Grantor. All of the above policies of insurance shall be primary insurance and shall name the City, its officers, employees and agents as additional insureds; with the exception of the fine arts insurance which shall name only the City as an insured. The insurer shall waive all rights of subrogation and contribution it may have against the City, its officers, employees and agents and their respective insurers. All of such policies shall provide that such insurance may not be amended or cancelled without providing thirty (30) days prior written notice by registered mail to the City. In the event any of such policies are cancelled, Grantor shall, prior to the cancellation date, submit new evidence of insurance in conformance with the requirements of this Section 3 . Grantor shall provide the Commission with Certificates of Insurance evidencing the insurance coverages and policies required hereunder. Grantor agrees that the existence of any insurance shall not limit or otherwise affect Grantor's obligations under this Agreement. 4 . Indemnification. Grantor hereby agrees to indemnify, defend and hold harmless the City, its officers, agents and employees from and against any and all actions, suits, claims, damages, losses, costs, penalties, obligations, errors, omissions or liabilities (collectively "Claims or Liabilities") arising out of or in any way connected with any act, omission or negligence of Grantor, its agents, employees, or contractors or from the existence of the Art Work on Grantor's Property or related to this Agreement, including, without limitation, bodily injury to or death of persons, injury or damage to Property and attorneys' fees, but excluding such Claims or Liabilities resulting solely from the -3- PS2174710140&4-00011NM77591.1 09/18/92 420310 willful misconduct of the City, its officers, agents or employees who are directly responsible to the City. 5. Default. In the event of any default or breach of any of the covenants or conditions contained in this Agreement by Grantor, City shall have all rights and remedies permitted at law or in equity including, without limitation, the remedy of specific performance. Additionally, in the event that Grantor has not cured any default hereunder within thirty (30) days after written notice from City of such default, City shall have the right to cure such default and charge Grantor with the cost thereof, including all costs incurred in connection with enforcing this Agreement or in collecting such amounts from Grantor. City shall also have the right in the event Grantor fails to cure a default as provided herein to remove the Art Work from Grantor's Property and terminate this Agreement. In such event, all costs associated with the removal of the Art Work and the reinstallation of the Art Work on other property shall be borne by Grantor and shall be paid immediately upon receipt of an invoice therefor. 6. Termination. So long as Grantor complies with each of the terms and conditions of this Agreement, City shall not remove the Art Work from. Grantor's Property for a period of one (1) year from the installation of the Art Work on Grantor's Property. In the event of any breach or default by Grantor of any of the terms and provisions of this Agreement, City shall have the right, but not the obligation, to remove the Art Work from Grantor's Property, at Grantor's sole cost and expense, and to terminate this Agreement. At any time subsequent to the date which is one (1) year after the installation of the Art Work on Grantor's Property, City shall have the right to remove the Art Work from Grantor's Property and terminate this Agreement with or without cause whether or not a breach or default exists in this Agreement. In the event City determines to remove the Art Work from Grantor's Property and terminate this Agreement without the existence of a breach or default by Grantor, then all removal costs shall be borne by the City. In the event City elects to terminate this Agreement pursuant to this Section, City shall, at Grantor's request, deliver to Grantor a Quitclaim Deed releasing and relinquishing any rights City may have pursuant to this Agreement. 7 . Mortgagee Protection. No violation of this Agreement shall defeat or render invalid the lien of any mortgage or deed of trust. given in good faith and for value. All of the covenants and conditions contained herein shall be binding and effective against any party whose interest is -4- PS2134M140S4-OW112007591.1 09/19/92 • 420310 derived through foreclosure, trustee sale, deed in lieu of foreclosure or otherwise; provided, however, that any mortgagee or beneficiary who takes title to Grantor's Property pursuant to foreclosure or deed in lieu of foreclosure or any purchaser at a foreclosure or trustee sale shall take title free of any claims against Grantor arising under this Agreement which became due and payable prior to the date such mortgagee, beneficiary or purchaser takes title thereto. 8. Successors and Assigns. The obligations of Grantor under this Agreement shall be binding on Grantor's successors and assigns and shall burden the Grantor's Property and shall run with the land and be binding upon all successors and assigns acquiring any right, title and interest in and to Grantor's Property. 9. Access to Public. Although the easements granted herein shall not constitute easements granted to the public, Grantor hereby agrees to allow the public access to Grantor's Property to view and enjoy the Art Work at reasonable times and in a reasonable manner. 10. Attorneys' Fees. In the event that any action or proceeding is instituted for the interpretation or enforcement of this Agreement, the prevailing party in such action or proceeding shall be entitled to recover from the other party, all costs and expenses related to such action or proceeding, including without limitation all attorneys' fees and expert witness fees, both at trial and on appeal. 11. Waiver. No delay or omission in the exercise of any right or remedy by a non-defaulting party on any default shall impair such right or remedy or be construed as a waiver. A party's consent to or approval of any act by the other party requiring the party's consent or approval shall not be deemed to waive or render unnecessary the other party's consent to or approval of any subsequent act. Any waiver by any party of any default must be in writing and shall not be a waiver of any other default concerning the same or any other provision of this Agreement. 12. City Representative. The City of Palm Springs Public Arts Commission, an agency of the City of Palm Springs (the "Commission") shall monitor Grantor's performance under r1Y.-i •v° this Agreement. Except as otherwise directed by the City blv Council, the Commission shall have the authority to give any approvals or consents required hereunder and to otherwise act on behalf of the City for purposes of this Agreement. -5- 420310 IN WITNESS WHEREOF„ the parties have entered into this Agreement as of the date: first above written. Grantor: UNITED COMMUNITY AND HOUSING DEVELOPMENT CORPORATION By Its: Assistant Secretary By: Its: City: CITY OF PALM S.TRINGS, -a municipal corpor on By: Its:— ATTEST: " �. C'±4 Clerk APPROVED AS TO FORM: 4.'f'ry',l RUTAN & TUCKER Z ? 7- David Aleshire City Attorney -6- FS2\347\014094-0001\2W7591.1 09/19/92 • • 420310 STATE OF CALIFORNIA ) ) ss. COUNTY OF (-65 rygC--' ) On 02544e fj --, 1992, b fore me, personally appeared i�)e� y 7N;n r personally known to me to be the personal whose name is/-are subscribed to the within instrument and acknowledged to me that hefshe-/ tey executed the same in hisfhe�ft3xei - authorized capacity ,ie'g) , and that by his jhe-r +,�;� signature�< on the instrument the person sj , or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and. official seal. � N�� OFFICIAL NO ' TAR L �/ ��j' SEAT TONYA L.WASHIIVGTON (SEAL) ;.� .� Notary Public—CSlilorMa LOS ANGELES COUNTY My Comm.Expires GEC 15,1995 STATE OF CALIFORNIA ) ss. COUNTY OF I GU�r Lrl,�.� e )) On .�O ✓l -, 1992, befor me, Gr-7sl/" �,1-GL✓f/ z , personally appearedn' J i v personally known to me •(_or p-r-ov-ed—to.--me-- on-- the---basis of sa-ti s-f-actor-y—e-v-ideuce) to be the persons b whose namq,,.: is1�---e subscribed to the within instrument and acknowledged to me that he/she4tHey) executed the same in his/her/tt iei authorized capacity(`€aj>, and that by his/her/��ir;> signature UST- on the instrument the persons or the entity upon behalf of which the person acted,acted, executed the instrument. WITNESS my hand and official seal. / Zt (/ (SEAL) � rr SI: OFFICIAL NOTARY SEAL ELAINE L.SCHWAR i� l� Notary Public Calilo"7 RIVERSIDE COUNTY y 's'<' My:;oinm Fuplros FE003,I998 _7_ F52U4710I4084-000112007591.1 09/18/92 i 420310 EXHIBIT "A" Legal Description The following real property is in the CITY OF PALM SPRINGS County of RIVERSIDE, State of CALIFORNIA PARCEL 2 OF PARCEL MAP RECORDED IN BOOK 2 , PAGE 23 OF PARCEL MAPS, RECORDS OF RIVERSIDE COUNTY, CALIFORNIA AND LOT 7 OF ROYAL PALMS TRACT RECORDED IN BOOK 30 PAGE 21 OF MAPS, RECORDS OF SAID COUNTY, DESCRIBED AS WHOLE AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF SAID LOT 7 : THENCE ALONG THE WESTERLY LINE OF SAID LOT 7 AND SAND PARCEL 2, NORTH 0' DEGREES 00' 00" EAST, 278 . 00 FEET: THENCE ALONG THE NORTHERLY LINE OF SAID PARCEL 2, NORTH 89 DEGREES, 45' 1511 EAST, 220. 00 FEET; THENCE ALONG THE EASTERLY LINE OF SAID PARCEL 2 AND SAID LOT 7, SOUTH O DEGREES, 00' 0011 WEST, 278 FEET: THENCE ALONG THE SOUTHERLY LINE OF SAID LOT 7, SOUTH 89 DEGREES 45' 1511 WEST, 220 FEET TO THE POINT OF BEGINNING. - d� EXHIBIT "A11 TO GRANT OF EASEMENT AND AGREEMENT PS2\347\014094-"1\2007591.1 08118M i 420310 EXHIBIT "B" :Easement Area Subject property is located in the City of Palm Springs, County of Riverside, State of California and further described as follows: Being an Easement over the South 96 feet, of the North 188 feet, of the West 15 feet, of the following described parcel of land; BEING PARCEL 2 OF PARCEL MAP RECORDED IN BOOK 2, PAGE 23 OF PARCEL MAPS, RECORDS OF RIVERSIDE COUNTY, CALIFORNIA AND LOT 7 OF ROYAL PALMS TRACT.' RECORDED IN BOOK 30 PAGE 21 OF MAPS, RECORDS OF SAID COUNTY, DESCRIBE AS A WHOLE AS FOLLOWS: BEGINNING AT THE .SOUTHWEST CORNER OF SAID LOT 7; THENCE ALONG THE WESTERLY LINE OF SAID LOT 7 AND SAID PARCEL 2, NORTH 0 DEGREES 001 00" EAST, 278 . 00 FEET; THENCE ALONG THE NORTHERLY LINE OF SAID PARCEL 2, NORTH 89 DEGREES, 45' 1511 EAST, 220, 00 FEET; THENCE ALONG THE EASTERLY LINE OF SAID PARCEL 2 AND SAID LOT 7, SOUTH 0 DEGREES, 00'0011 WEST, 278 FEET; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT 7, SOUTH 89 DEGREES 4511511 WEST, 220 FEET TO THE POINT OF BEGINNING. _EXHIBIT "B" TO GRANT OF EASEMENT AND AGREEMENT PS2U47%0140&4-0001 0007591.1 O9118M • 420310 BILL OF SALE AND ASSIGNMENT THIS BILL OF SALE AND ASSIGNMENT is made as of , 199_ from UNITED COMMUNITY AND HOUSING DEVELOPMENT CORPORATION ("Seller") , to the CITY OF PALM SPRINGS, a municipal corporation ("Buyer") . KNOW ALL MEN BY THESE PRESENTS: That for good and valuable consideration to be paid pursuant to the provisions of that certain Agreement for Purchase and Sale of a Work of Art dated 1992 between Buyer and Seller (the "Purchase Agreement") Seller does hereby sell, assign, transfer and deliver unto Buyer, and its successors and assigns, that certain sculpture created by joe Fay ("Artist") entitled The Hallmark Desert Wildlife (the "Property") To have and to hold all such Property unto Buyer, its successors and assigns forever. Seller hereby assigns, transfers and conveys all warranties, indemnities, agreements, covenants and chooses in action owned by Seller with respect to the Property or which were obtained from the Artist in relation to the Property, including, without limitation, all those representations, warranties and covenants cortained in that certain contract between the Artist and Seller dated N.A. , all copyrights to the Property, all rights to royalties resulting from the Property and the right to make reproductions and photographs or other renderings of the Property for both commercial and noncommercial purposes. IN WITNESS WHEREOF, Seller has executed this Bill of Sale as of the date first above written. UNITED COMMUNITY AND HOUSING DEVELOPMENT CORPORATION By Its: Assistafit Secretary By: Its: EXHIBIT "All TO AGREEMENT FOR PURCHASE AND SALE FS2\347\0140M-000MOU7592.1 08/18/92 _ I 2 - 02 T- C. Q /IGs ----- - sr_e.- POR N//2 AIWIZ4 SEC 13, % 4 S, P 4 E ------------- - � '� \' /c.g3 .}P✓3/,F j I .L _:./- T Ali � — - Cbf .//1 - P5 - _� -+,I--�-•3 N.B.I/9'EI,E2--Tia&, I •I -� — � .-_ - - - - _ — _ �_ - _._. __ _ .. - - - .GSSE550/T-S N,A? c?K. SGZ CALIF* BILL OF SALE AND ASSIGNMENT �� T IS BILL OF SALE AND ASSIGNMENT is made as of dIt 4 > e1 , 199 '-- from UNITED COMMUNITY AND HOUSING DEVELOPMENT CORPORATION ("Seller") , to the CITY OF PALM SPRINGS, a municipal corporation ("Buyer") . KNOW ALL MEN BY THESE PRESENTS: That for good and valuable consideration to be paid pursuant to the provisions of that certain Agreement for Purchase and Sale of a Work of Art dated A 2 #t �c 7- 4 , 1992 between Buyer and. Seller (the "Purchase Agreement") Seller does hereby sell., assign, transfer and deliver unto Buyer, and its successors and assigns, that certain sculpture created by Joe FaV ("Artist") entitled The Hallmark Desert Wildlife (the "Property") . To have and to hold all such Property unto Buyer, its successors and assigns forever. Seller hereby assigns, transfers and conveys all warranties, indemnities, agreements, covenants and chooses in action owned by Seller with respect to the Property or which were obtained from the Artist in relation to the Property, including, without limitation, all those representations, warranties and covenants contained in that certain contract between the Artist and Seller dated N.A. , all copyrights to the Property, all rights to royalties resulting from the Property and 'the right to make reproductions and photographs or other renderings of the Property for both commercial and noncommercial purposes. IN WITNESS WHEREOF, Seller has executed this Bill of Sale as of the date first above written. UNITED COMMUNITY AND HOUSING DEVELOPMENT CORPORATION Its: Assistant Secretary By: Its: EXHIBIT "A" TO AGREEMENT FOR PURCHASE AND SALE FS2\347\0140M-0001U007592.1 08118M RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: CITY OF PALM SPRINGS Public Arts Commissions P.O. Box 2743 Palm Springs , CA 92263 Attn: Arts Administrator (For Recorder's Use Only) GRANT OF EASEMENT AND AGREEMENT This Grant of Easement and Agreement (this "Agreement") is made as of ( � { � 21 , 199 1- by and between UNITED COMMUNITY AND HOUSING DEVELOPMENT CORPORATION ("Grantor") and the CITY OF PALM SPRINGS, CALIFORNIA, a municipal corporation (the "City") . R E C I T A L S: A. Grantor is the owner of that certain real property located in the County of Riverside, State of California, more particularly described on Exhibit "A" attached hereto ("Grantor's Property") . B. City is the owner of a certain work of art ("Art Work") created by jop Fay ("Artist") which Grantor desires City to locate on a portion of Grantor's Property. C. To facilitate location of the Art Work upon Grantor's Property, Grantor desires to grant to City an easement for purposes of placing the Art Work on Grantor's Property as more particularly provided herein. NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the parties hereby agree as follows: 1. Grant of Easement. Grantor hereby grants and conveys to City a perpetual non-exclusive easement in gross over that portion of Grantor's Property legally described or depicted on Exhibit "B" attached hereto and incorporated EXHIBIT "C" TO AGREEMENT FOR PURCHASE AND SALE FS21347A014084000112007591.1 08/18/92 herein (the "easement area") for purposes of placing the Art Work thereon and for access over and across the Grantor's Property and for purposes of maintaining, repairing and replacing, if necessary, the Art Work and for the removal thereof. 2 . Maintenance. Grantor hereby agrees to maintain the easement area, including all access paths, landscaping and other improvements, in first class condition, and shall maintain the Art Work in first class condition and shall perform all maintenance recommended by the Artist with respect to the Art Work. Grantor shall repair and/or replace any damage to the Art Work within fourteen (14) days of such damage being discovered. In the event any graffiti is discovered on the Art Work, Grantor shall remove such graffiti on the same day it is discovered. It is the intent of the parties that so long as the Art Work remains on Grantor's Property, Grantor shall keep, maintain, repair and replace the Art Work such that it remains in a good, clean and first class condition and of the highest quality. Materials used to restore, repair or replace any portion of the Art Work shall be of equal or better quality than the original materials used in the Art Work. When necessary, Grantor shall consult the Artist or another competent art work conservationist or restoration specialist to determine the best methods of such restoration or repair. All such maintenance, repair, replacement and restoration shall be at the sole cost of Grantor. 3 . Insurance. Grantor shall procure and maintain, at its sole cost and expense:, in a form and content satisfactory to City with an insurer qualified to do business in California and rated "A" or better in the most recent edition of Best Rating Guide with a financial class category of Class VII or better, unless such requirements are waived by the Risk Manager of the City, during the entire term of this Agreement and at all times while the Art Work is located on Grantor's Property, the following policies of insurance: (a) Comprehensive General Liability Insurance. A policy of comprehensive general liability insurance written on a per occurrence basis, together with a Broad Form CGL Endorsement and insuring against contractually assumed liability which shall specifically insure Grantor's indemnity obligations under Section 4 below. The policy of insurance shall have a combined single limit liability of One Million Dollars ($1, 000, 000 . 00) . -2- PS21347\0140840001\2007591.1 O9118M (b) Workers' Compensation Insurance. A policy of workers' compensation insurance in an amount as would fully comply with the laws of the State of California and which shall indemnify, insure and provide legal defense for both Grantor and the City against any loss, claim or damage arising from any injuries or occupational hazards or diseases occurring to any worker employed by or any person retained by Grantor in the course of carrying out the obligations of this Agreement. (c) Fine Arts In Grantor shall procure and maintain on behalf of City, as the owner, fine arts insurance on the Art Work on all risk form with limits not less than Twenty Five Thousand Dollars ($ 25,000.00 ) and a deductible not to exceed One Thousand Dollars ($1, 000.00) for each loss. The payment of any deductible amount shall be the responsibility of Grantor. All of the above policies of insurance shall be primary insurance and shall name the City, its officers, employees and agents as additional insureds; with the exception of the fine arts insurance which shall name only the City as an insured. The insurer shall waive all rights of subrogation and contribution it may have against the City, its officers, employees and agents and their respective insurers. All of such policies shall provide that such insurance may not be amended or cancelled without providing thirty (30) days prior written notice by registered mail to the City. In the event any of such policies are cancelled, Grantor shall, prior to the cancellation date, submit new evidence of insurance in conformance with the requirements of this Section 3 . Grantor shall provide the Commission with Certificates of Insurance evidencing the insurance coverages and policies required hereunder. Grantor agrees that the existence of any insurance shall not limit or otherwise affect Grantor's obligations under this Agreement. 4 . Indemnification. Grantor hereby agrees to indemnify, defend and hold harmless the City, its officers, agents and employees from and against any and all actions, suits, claims, damages, ;Losses, costs, penalties, obligations, errors, omissions or liabilities (collectively "Claims or Liabilities") arising out of or in any way connected with any act, omission or negligence of Grantor, its agents, employees, or contractors or from the existence of the Art Work on Grantor's Property or related to this Agreement, including, without limitation, bodily injury to or death of persons, injury or damage to Property and attorneys' fees, but excluding such Claims or Liabilities resulting solely from the -3- FS21347\014094-000112007591.1 09/13M willful misconduct of the City, its officers, agents or employees who are directly responsible to the City. 5. Default. In the event of any default or breach of any of the covenants or conditions contained in this Agreement by Grantor, City shall have all rights and remedies permitted at law or in equity including, without limitation, the remedy of specific performance. Additionally, in the event that Grantor has not cured any default hereunder within thirty (30) days after written notice from City of such default, City shall have the right to cure such default and charge Grantor with the cost thereof, including all costs incurred in connection with enforcing this Agreement or in collecting such amounts from Grantor. City shall also have the right in the event Grantor fails to cure a default as provided herein to remove the Art Work from Grantor's Property and terminate this Agreement. In such event, all costs associated with the removal of the Art Work and the reinstallation of the Art Work on other property shall be borne by Grantor and shall be paid immediately upon receipt of an invoice therefor. 6. Termination. So long as Grantor complies with each of the terms and conditions of this Agreement, City shall not remove the Art Work from Grantor's Property for a period of one (1) year from the installation of the Art Work on Grantor's Property. In the event of any breach or default by Grantor of any of the terms and provisions of this Agreement, City shall have the right, but not the obligation, to remove the Art Work from Grantor's Property, at Grantor's sole cost and expense, and to terminate this Agreement. At any time subsequent to the date which is one (1) year after the installation of the Art Work on Grantor's Property, City shall have the right to remove the Art Work from Grantor's Property and terminate this Agreement with or without cause whether or not a breach or default exists in this Agreement. In the event City determines to remove the Art Work from Grantor's Property and terminate this Agreement without the existence of a breach or default by Grantor, then all removal costs shall be borne by the City. I.n the event City elects to terminate this Agreement pursuant to this Section, City shall, at Grantor's request, deliver to Grantor a Quitclaim Deed releasing and relinquishing any rights City may have pursuant to this Agreement. 7. Mortgagee Protection. No violation of this Agreement shall defeat or render invalid the lien of any mortgage or deed of trust given in good faith and for value. All of the covenants and conditions contained herein shall be binding and effective against any party whose interest is -4- PS2\34T014084-"112007591.1 09/18/92 derived through foreclosure, trustee sale, deed in lieu of foreclosure or otherwise; provided, however, that any mortgagee or beneficiary who takes title to Grantor's Property pursuant to foreclosure or deed in lieu of foreclosure or any purchaser at a foreclosure or trustee sale shall take title free of any claims against Grantor arising under this Agreement which became due and payable prior to the date such mortgagee, beneficiary or purchaser takes title thereto. 8. Successors and Assigns. The obligations of Grantor under this Agreement shall be binding on Grantor's successors and assigns and shall burden the Grantor's Property and shall run with the land and be binding upon all successors and assigns acquiring any right, title and interest in and to Grantor's Property. 9. Access to Public. Although the easements granted herein shall not constitute easements granted to the public, Grantor hereby agrees to allow the public access to Grantor's Property to view and enjoy the Art Work at reasonable times and in a reasonable manner. 10. Attorneys' Fees. In the event that any action or proceeding is instituted for the interpretation or enforcement of this Agreement, the prevailing party in such action or proceeding shall be entitled to recover from the other party, all costs and expenses related to such action or proceeding, including without limitation all attorneys' fees and expert witness fees, both at trial and on appeal. 11. Waiver. No delay or omission in the exercise of any right or remedy by a non-defaulting party on any default shall impair such right or remedy or be construed as a waiver. A party's consent to or approval of any act by the other party requiring the party's consent or approval shall not be deemed to waive or render unnecessary the other party's consent to or approval of any subsequent act. Any waiver by any party of any default must be in writing and shall not be a waiver of any other default concerning the same or any other provision of this Agreement. 12. City Representative. The City of Palm Springs Public Arts Commission„ an agency of the City of Palm Springs p (the "Commission" ) shall monitor Grantor's performance under this Agreement. Except as otherwise directed by the City Council, the Commission shall have the authority to give any approvals or consents required hereunder and to otherwise act on behalf of the City ;For purposes of this Agreement. -5- IN WITNESS WHEREOF, the parties have entered into this Agreement as of the date; first above written. Grantor: UNITED COMMUNITY AND HOUSING DEVELOPMENT CORPORATION i Its: Assista t Secretary By: Its• City: CITY OF P a municipal corpora on By: Its: ATTEST: City Clerk APPROVED AS TO FORM: RUTAN & TUCKER :,V David Aleshire City Attorney —6— FS2134'T014094-0OO1l2GG7591.1 MIS192 STATE OF CALIFORNIA j �+� COUNTY OF �-a,5 4"4--5 j) ss. On WdA115;, 1992 , before me, personally appeared /-Mi n personally known to me (eic p *-i*f� a ) to be the personfrs') whose name.,B is/ew- subscribed to the within instrument and acknowledged to me that hefs33e¢the executed the same in his;�� authorized capacity s p y(,yew , and that by hiss �+�� signature W on the instrument the person{,$') , or the entity upon behalf of which the persona') acted, executed the .instrument. WITNESS my hand and official sea IQOFF ICIALgy%SEAL TONYA L.WASHINGTON Notary Public—California(SEAL) LOS ANGELES COUNTY My Comm.Expires DEC 15,1995 STATE OF CALIFORNIA ) ) ss. COUNTY OF ) On , 1992, before me, personally appeared personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies) , and that by his/her/their signature(s) on the instrument the person(s) , or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. (SEAL) -7- PS2U4A0140M-"112 0 07 5 9 1.1 MUM EXHIBIT "A" Legal Description The following real property is in the CITY OF PALM SPRINGS County of RIVERSIDE, State of CALIFORNIA PARCEL 2 OF PARCEL MAP RECORDED IN BOOK 2 , PAGE 23 OF PARCEL MAPS, RECORDS OF RIVERSIDE COUNTY, CALIFORNIA AND LOT 7 OF ROYAL PALMS TRACT RECORDED IN BOOK 30 PAGE 21 OF MAPS, RECORDS OF SAID COUNTY, DESCRIBED AS WHOLE AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF SAID LOT 7: THENCE ALONG THE WESTERLY LINE OF SAID LOT 7 AND SAID PARCEL 2 , NORTH 0' DEGREES 0010011 EAST, 278 . 00 FEET: THENCE ALONG THE NORTHERLY LINE OF SAID PARCEL 2, NORTH 89 DEGREES, 45' 15" EAST, 220. 00 FEET; THENCE ALONG THE EASTERLY LINE OF SAID PARCEL 2 AND SAID LOT 7, SOUTH DEGREES, 00 ' 0011 WEST, 278 FEET: THENCE ALONG THE SOUTHERLY LINE OF SAID LOT 7, SOUTH 89 DEGREES 45' 15" WEST, 220 FEET TO THE POINT OF BEGINNING. EXHIBIT "A" TO GRANT OF EASEMENT AND AGREEMENT PS2U471014084-000112007591.1 O 118M r 1 EXHIBIT "B" Easement Area Subject property is located in the City of Palm Springs, County of Riverside, State of California and further described as follows: Being an Easement over the South 96 feet, of the North 188 feet, of the West 15 feet, of - the following described parcel of land; BEING PARCEL 2 OF PARCEL MAP RECORDED IN BOOK 2, PAGE 23 OF PARCEL MAPS, RECORDS OF RIVERSIDE COUNTY, CALIFORNIA AND LOT 7 OF ROYAL PALMS TRACT RECORDED IN BOOK 30 PAGE 21 OF MAPS, RECORDS OF SAID COUNTY, DESCRIBE AS A WHOLE AS FOLLOWS: BEGINNING AT THE .SOUTHWEST CORNER OF SAID LOT 7; THENCE ALONG THE WESTERLY LINE OF SAID LOT 7 AND SAID PARCEL 2 , NORTH 0 DEGREES 001 0011 EAST, 278 . 00 FEET; THENCE ALONG THE NORTHERLY LINE OF SAID PARCEL 2, NORTH 89 DEGREES, 451 1511 EAST, 220, 00 FEET; THENCE ALONG THE EASTERLY LINE OF SAID PARCEL 2 AND SAID LOT 7, SOUTH 0 DEGREES, 00'0011 WEST, 278 FEET; THENCE ALONG THE SOUTHERLY LINE OF SAID LOT 7, SOUTH 89 DEGREES 4511511 WEST, 220 FEET TO THE POINT OF BEGINNING. EXHIBIT "B" TO GRANT OF EASEMENT AND AGREEMENT HS2134T0140"-0W1120 0 75 9 1.1 08/18M - 2?-30-3 502- 02 T C- A 1103 POR. /d//2 A/W114 SEC. /3, % 4S, R. 4F ..__- ' .. i - ^ - _ _ - Ji:.moo /<✓l� I ^. — 0$.6/ � _ i�..Y236 I/39p �� — [ I^ 507 �✓ ° �h °` o c _ � y _ - f✓3/33 _ � _ . BK 3. 30121 P,a ao Tr✓c; Ticc;No, 142. .56 (CM 301145-1641 _ - - _.,�.�-" _Tia&Na 14-590' , iE I ,9 aC _ MkP 3K. 502 N,_02„