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21-0707_GANAHL LUMBER COMPANY_General AssignmentGENERAL ASSIGNMENT THIS GENERAL ASSIGNMENT (this "Assign ') is made as of July 7 20 21 (the "Assignment Date"), by City of San duan Capistrano, a public body and corporate politic ("Assignor') in favor o.f Ganahl Lumber Company, a California corporation ("Assignee"). RECITALS A. Assignor and Assignee have entered into that certain Real Property Purchase and Sale Agreement and Joint Escrow instructions, dated as of December 7 , 24 20 (the, ".Purchase A r� eemerift pursuant to which Assignor hes agreed to sell and Assignee has agreed to purchase certain real property situated in the City of San Juan Capistrano, County of ©range, California, as .more particularly described on Schedule "I" attached hereto (the "Heal Property), together with all appurtenances and other rights associated therewith as described in the Purchase Agreement. 13, Assignor may own or have an interest in certain appurtenatices and intangible property atTecting or in connection with the Deal Property and improvements thereon,, as more, particularly described on Schedule" 2".attached hereto (the "tro ert "). C. Assignor desires to fulfill one of its obligations under the purchase Agreement by assigning hereby its interest in the'Property to Assignee upon the following terms and conditions. Agreement NOW,'rHEREI=ORE, for good and valuable consideration, Assignor hereby does the following. I. Assignor hereby assigns, transfers and sets over unto Assignee any and all of Assignor's right, title, claim and interest in and to the Property, if any; provided, however, such transfer, assignment and sale shall not include any rights or claims arising prior to the Assignment Date which Assignor may have against any person with respect to the Property. 2. Assignor makes the Foregoing assignment and transfer on an "AS -IS" basis, without representation or warranty of any kind, either express or implied, with respect to any such rights or property, the effectiveness or validity thereof, or Assignee's rights to utilize and rely upon same. 3. This Assignment shall be governed by and construed in accordance with the internal laws of the State of California applicable to agreements made and to be performed within the state. EXHll31T E 61147:8000,3%334229303 IN WITNESS WHEREOF, Assignor has executed this Assignment as of the Assignment Date. "Assignor" City of San Juan Capistrano, a public body and corporate politic By: Name: Benjamin Siegei Title: City Manager 61147.8W 03V3422936.3