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CC - Warranty Deed ADA COUNTY RECORDER Phil McGrane 2Q19-Q1616214 BOISE IDAHO Pgs=2 CHE FOWLER 02/2 019 0 PM TITLEONE BOISE $15.00 RECORDING REQUESTED BYAND WHEN RECORDED RETURN To. MERIDIANDEVELOPMENT com,oWiTION 101 E.Fairview Avenue,Suite 239 Meridian,Idaho 83642 8�� a WARRANTY DEED For value received THE MERIDIAN DEVELOPMENT CORPORATION, an urban renewal agency created under the laws of the State of Idaho, ("Grantor"), conveys, grants, bargains, and sells to City Center Redevelopment, LLC, an Idaho limited Liability Company ("Grantee"), whose current address is 430 East State Street, Suite 100, Eagle, Idaho, and its successors and assigns forever, the following described real property commonly known as 33 E.Idaho Ave.,situated in Meridian,Ada County,State of Idaho: Lots 21, 22, 23, 24, 25, 26, 28, 29, 30, 31 and 32 in Block 2 of The Amended Plat of Townsite of Meridian, according to the official plat thereof, filed in Book 1 of Plats at Page 30, official records of Ada County, Idaho. SUBJECT TO taxes and assessments for the current year and all subsequent years, together with any and all existing easements, rights-of-way, reservations, restrictions and encumbrances of record, to any existing tenancies, to all zoning laws and ordinances, and to any state of facts an accurate survey or inspection of the premises would show. This conveyance shall include any and all estate, right, title, interest, appurtenances, tenements, hereditaments, reversions, remainders, easements, rents, issues, profits, rights-of-way and water rights in anywise appertaining to the property herein described as well in law as in equity. The Grantor covenants to the Grantee that Grantor is the owner in fee simple of said real property;that the real property is free from all encumbrances,excepting those as may be herein set forth,and excepting those of record,and that Grantor will warrant and defend the same from all lawful claims. All rights and interests to the above described real property granted and conveyed herein by Grantor to Grantee shall revert back to the Grantor immediately if, by May 30, 2019, Grantee has not completed demolition of all structures located on and commenced development of the real property described as the North half of Lots 12, 13, 14, 15 and 16 in Block 2 of the Amended Townsite of Meridian, according to the Official Plat thereof,Filed in Book 1 of Plats at Page 30,records of Ada County, State of Idaho and the real property more specifically described as Lots 21, 22, 23,24, 25, 26, 28, 29, 30, 31 and 32 in Block 2 of The Amended Plat of Townsite of Meridian, according to the official plat thereof, filed in Book 1 of Plats at Page 30, official records of Ada County, Idaho. This right of reversion runs with the land and shall be binding upon the Grantee and all its successors, heirs, transferees and assigns, if any. Warranty Deed—Page 1 IN WITNESS WHEREOF,the Grantor has executed this instrument on thisday of February 2019. GRANTOR I IAN DEVELOPMENT CORPORATION A ST: Dave Winder,Chairman Steve lassek. Secretary STATE OF IDAHO } ] ss. County of Ada } This record was acknowledged before me a , 2019 by Dave Winder and Steve Vlassek on behalf of the Meridian Development Corporation, ' their capacities as Chairman and Secretary,respectively. (stamp) ' Notary Signature My Conirpission Expire : 11 L-/ , IyOTAR Y /' UB L% No .� ....:. �. ,. '••�. OF t�.•••' Warranty Deed-Page 2