STATION DIST DDA WITH CRA - Laserfiche WebLink

Home Browse Search

I IT "C' DEED OF TRUST WITH ASSIGNMIENT OF RENTS RECORDING REQUESTED BY, ) AND WHEN RECORDED MAIL TO: ) Community Redevelopment Agency } of the City of Santa Ana } 20 Civic Center Plaza } Santa Ana, California 92742 } Attn: Executive Director } This document is exempt from payment of a recording fee pursuant to Government Code Sections 27383 and 6103. DEED OF TRUST WITH ASSIGNMENT OF RENTS {SHORT FORM} This DEED OF TRUST is made as of , 20 between herein called TRUSTOR, whose address is , TITLE M AN , herein c ailed TRUSTEE, and the I IIT REDEVELOPMEENT AGENCY F THE CITY OF SANTA ANA, a public body, corporate and politic, herein called BENEFICIARY. WITNES T : That Tru for grants to Trustee in trust, with power of sale, that property in the City of Santa Ana, County of Orange, State of California, described a : SEE X IT "`A� � ATTACHED HERETO AND MADE A PART HEREOF. together with the rents, issues and profits thereof, subject, however, to the right, power and authority hereinafter given to and conferred upon Beneficiary to collect and apply such rents, issues and profits for the purpose of securing 1 that Promissory Note dated , ,�. made by Tru for in favor of Beneficiary, and extensions or renewals thereof, in the -- - r principal sum of U.S. $ with interest thereon including without limitation, interest i n the form of shard appreciation as defined in the Promissory Dote as the "Contingent Equity Participation Amount"), with the balance of the indebtedness, due and payable on occurrence of are event of acceleration as defined in the Promissory Note, the performance of each agreement of Tru s for incorporated by reference or contained herein, and payment of additional sums and interest thereon which may hereafter be loaned to Tru stor, or his .successors or assigns, when evidenced by a promissory note or notes reciting that they are secured by this Deed of Trust. To protect the security of this Deed of Trust, and with respect to the property above described, Tru for expressly ma s each and all of the agreements, and adopts and agrees to perform and be bound by each and al 1 of the terms and provisions set forth in subdivision A, and it is mutually agreed that each and all of the terms and provisions set forth in subdivision B of EXHIBIT ,1 To ATTACHMENT NO. I I Deed of Trust with Assignment of Rents DOCS00 1400673y14 00 27 -000