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05 - JOINT PH - Vista Del Rio DDA
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05 - JOINT PH - Vista Del Rio DDA
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1/3/2012 3:32:53 PM
Creation date
4/5/2011 2:36:17 PM
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City Clerk
Doc Type
Agenda Packet
Item #
05
Date
3/21/2011
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EXHIBIT C <br />FREE RECORDING REQUESTED PURSUANT <br />TO GOVERNMENT CODE SECTION 27383 <br />When Recorded Mail to: <br />City of Santa Ana -Community Development Agency <br />20 Civic Center Plaza <br />P.O. Box 1988 <br />Santa Ana, California 92702 <br />Attn: Executive Director <br />CITY/HOME LOAN <br />DEED OF TRUST <br />AND ASSIGNMENT OF RENTS <br />This CITY/HOME LOAN DEED OF TRUST AND ASSIGNMENT OF RENTS (the "Deed <br />of Trust") is made this day of March 2011, among Vista Del Rio Housing Partners L.P., a <br />California limited partnership (the "Trustor"), First American Title Insurance Company, a California <br />corporation (the "Trustee"), and the City of Santa Ana, a charter city and municipal corporation duly <br />organized and existing under the Constitution and laws of the State of California (the "Beneficiary"). <br />Trustor, in consideration of the promises herein recited and the trust herein created, <br />irrevocably grants, transfers, conveys and assigns to Trustee, in trust, with power of sale, the property <br />located in the City of Santa Ana, County of Orange, State of California, described in the attached <br />Attachment No. 1 and more commonly known 1600 West Memory Lane, Santa Ana, California (the <br />"Property"); <br />TOGETHER with all the improvements now or hereafter erected on the property, and all <br />easements, rights, appurtenances and all fixtures now or hereafter attached to the Property, all of <br />which, including replacements and additions thereto, shall be deemed to be and remain a part of the <br />Property covered by this Deed of Trust; <br />TOGETHER with the right, power and authority during the continuance of these Trusts, to <br />collect the rents, issues, and profits of the Property, reserving unto the Tlustor the right, prior to any <br />default by Trustor in payment of the indebtedness secured by this Deed of Trust or in the <br />performance of any agreement secured by this Deed of Trust, to collect and retain these rents, issues <br />and profits as they become due and payable; and, <br />TOGETHER with all articles of personal property or fixtures now or hereafter attached to or <br />used in and about the building or buildings now erected, or hereafter to be erected, on the Property <br />which are necessary to the complete and comfortable use and occupancy of such building or <br />buildings for the purposes for which they were or are to be erected, including all other goods and <br />chattels and personal property as are ever used or furnished in operating a building, or the activities <br />conducted therein, similar to the one herein described and referred to, and all renewals or <br />replacements thereof or articles in substitution therefore, whether or not the same are, or shall be <br />C-1 <br />D OCSOC/ 1475221 v5/200272-0004 <br />
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