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JUL. -22' 03(FRI 13;40 NEUhLER & BEARDSLEE TEL;2099488200 P. 002/0071 I I I Agreement for L t Line Ad'us This Agreement for Lot Line Adjustment ("Agreement") is dated for reference purpases this 1 st day of June, 2005 by and between Guy and 1l4ichelle Terra,husband and wife,("Buyer") and Angelina Tonarelli, Antoinette Witt,Tony Lopes, Manual E.Lopes, Mary Costa, and LaVeme Costa(collectively"Seller"). The"Effective Date" shall be the date of the last signature appearing below. E { ALS RECIT y - F WHEREAS,Brayer ovens that certain real property located at 8760 W. Pine Street in Thornton, CA with an Assessor's Parcel Number of 001-200-14 ("Buyer's Parcel"), and Seller owns that certain real property located at 8720 W. Pine Street in Thornton, CA with W Assessor's Parcel Number of 001-200-13 ("Seller's Parcel"); WKEREAS, Buyer wishes to purchase from Seller a strip of land 25 feet in width and approximately 250 feet in length, which is currently a part of Selacr's praperiy and running adjacent and contiguous to Buyer's current property(the"Property"), a diagram of which is attached hereto as WoAir A; WHEREAS,in order to accomplish the above described conveyance,the parties have agreed to obtain a lot line adjustment by engaging the services of the civil engineering and land surveying firm of 134umbach and Piazza. NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein and for other good and valuable consideration,on the terms and conditions contained herein, the parties agree as follows; 1 AGR EMENT 1. A eement to Transfer Propc . Seller hereby agrees to transfer the Property to Buyer, and Buyer hereby agrees to purchase the Property from Seller for Twenty Thousand Dollars($20,040,00)(the"Purchase Price")on the terms and conditions.contained herein. 2. Co oration of Lot Uifte Adjustment. The lot line adjustment shall include a strip of land within Seller's Parcel ofuniform width of twenty-five (2$) feet running along the west boundary of Seller's Parcel. The adjustment shall involve the execution by Buyer and Seller of grunt deeds with new legal descriptions pursuant to a survey and lot line adjustment transferring to Buyer the property, 1 3. Accomplishment of Lot Line Adjustment, Buyer and Seller shall cooperate in completing all actions and filing and executing all documents or instruments necessary to accomplish the lot litre adjustment. In the event the proposed lot line adjustment cannot be accomplished within six months Prom the Effective Date("Outside Date"), Seller's obligation to ` 36'i912-k