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<br /> EXHIBIT 2
<br /> EXIMBIT FF
<br /> FORM OF DEED OF TRUST WITH ASSIGNMENT OF RENTS
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<br /> RECORDING REQUESTED BY, )
<br /> AND WHEN RECORDED MAIL TO,
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<br /> City of Santa Ana }
<br /> 20 Civic Center Plaza(M-37) }
<br /> Santa Ana, California 92702 }
<br /> Attn: Housing Manager ) I
<br /> This document is exempt from payment of a recording fee
<br /> pursuant to Government Code Sections 27383 and 6103.
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<br /> DEED OF TRUST WITH ASSIGNMENT OF REFITS i
<br /> (SHORT FORM) j
<br /> This DEED OF TRUST is made as of , 2024 between ILLUMINATION {
<br /> FOUNDATION,a California nonprofit corporation,herein called TRUSTOR,whose address 2871 Pullman '
<br /> Street, Santa Ana,California, ,herein called TRUSTEE,and the CITY OF SANTA f
<br /> ANA, a charter city and municipal corporation,herein called BENEFICIARY.
<br /> WITNESSETH: That Trustor grants to Trustee in trust, with power of sale, that property in tho 1
<br /> City of Santa Ana,County of Orange,State of California,deacribed as: it
<br /> SEE EXHIBIT"A"ATTACHE,D HE, AND MADE A PART HEREOF.
<br /> together with the rents, issues and profits thereof, subject, however, to the right, power and authority
<br /> hereinafter given to and conferrred upon Beneficiary to collect and apply such rents, issues and profits for
<br /> the purpose of securing(1)Conditional Grant Agreement dated concurrently herewith, trade by Trustor in
<br /> favor of Beneficiary,and extensions or renewals thereof(2)the Affordable Housing Regulatory Agreement
<br /> with Declaration of Covenants and Restrictions, dated concurrently herewith,made by Trustor in favor of
<br /> Beneficiary, and extensions or renewals thereof, (3) the performance of each agreement of Trustor
<br /> incorporated by reference or contained herein, and (4) payment of additional sums and interest thereon
<br /> which may hereafter be advanced,paid, or loaned to Trustor,or his successors or assigns,when evidenced
<br /> by a promissory note or notes reciting that they are secured by this Deed of Trust.
<br /> To protect the security of this Deed of Trust, and with,respect to the property above described,
<br /> Trustor expressly snakes each and all of the agreements,and adopts and agrees to perform and be bound by
<br /> each and all of the terms and provisions set forth in subdivision A, and it is mutually agreed that each and
<br /> all of the terms and provisions set forth in subdivision B of the fictitious deed of trust recorded in Orange
<br /> County August 17, 1964, and in all other counties August 18, 1964,in the book and at the page of Official
<br /> Records in the office of the county recorder of the county where said property is located, noted below !
<br /> opposite the name of such county,namely:
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<br /> City Council 16 — 201 5/19/2026
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