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July 11, 1979 <br />Mr. James Rawding, Vice President <br />Santa Ana First Federal Savings and Loan <br />1802 North Main Street <br />Santa Ana, CA 92702 <br />Dear Mr. Rawding: <br />SUBJECT: BENEFICIARY'S DEMAND; YOUR; LOAN HO. 12855-01, OUR PROJECT 1276, <br />DEED 6033, A.P. 007-192-24 THROUGH 28 <br />We enclose documents as follows: <br />1. Note in our favor for $49,022. dated September 8, 1977 executed by Trustees <br />of Johnson Chapel. <br />2. Deed of Trust securing above note recorded in Boob 12408, page 1131, <br />records of Orange County, California. <br />3. Request for full reconveyance by us. <br />You are authorized to deliver the enclosed documents upon payment and remittance <br />to us of the following amounts: <br />Principal - ----------------------------- $46,069.60 <br />Interest at 9% per annum on said principal amount <br />from July 1, 1979 to date payment is received by us <br />SPECIAL INSTRUCTIOdS: <br />During the time this property is in escrow WE RETIRE THAT MVNTHLY PAYMENTS BE <br />MADE AS THEY BECOME DUE. Upon receipt of such payments we will amend our demand <br />accordingly. <br />Please sign and return the enclosed copy to indicate receipt of the above listed <br />documents and instructions. <br />Very truly yours, <br />Robert Nichols, Jr. <br />Peal Property Agent <br />Encl: Note and Deed of Trust <br />GW . am <br />