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SANTA ANA WBBB, LP 4
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Last modified
3/6/2017 1:21:10 PM
Creation date
4/6/2011 3:38:12 PM
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Contracts
Company Name
SANTA ANA WBBB, LP
Contract #
A-2011-051
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
3/7/2011
Destruction Year
0
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EXHIBIT H-1 <br />FREE RECORDING REQUESTED PURSUANT <br />TO GOVERNMENT CODE SECTION 27383 <br />When Recorded Mail to: <br />Community Redevelopment Agency of the <br />City of Santa Ana <br />20 Civic Center Plaza <br />P.O. Box 1988 (M-25) <br />Santa Ana, California 92702 <br />Attn: Housing Manager <br />AGENCY DEED OF TRUST <br />AND ASSIGNMENT OF RENTS <br />This AGENCY DEED OF TRUST AND ASSIGNMENT OF RENTS ("Agency Deed of <br />Trust") is made this March 7, 2011, by between SANTA ANA WBBB, LP , a California limited <br />partnership ("Trustor"), AmeriNational Community Services, a California corporation ("Trustee"), <br />and the Community Redevelopment Agency of the City of Santa Ana, a public body, corporate and <br />politic (`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, attached hereto and incorporated herein, and more commonly known as 605-611 <br />East Washington, Santa Ana, California ("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 Agency Deed of Trust; provided that so long as Trustor is not in default <br />hereunder, it shall be permitted to control the Property in accordance with the requirements of that <br />certain Loan Agreement entered into by and among the Trustor, the City of Santa Ana, and the <br />Beneficiary, and dated concurrently herewith (the "Agreement"), which are on file with the <br />Beneficiary as a public record; <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 Trustor the right, prior to any <br />default by Trustor in payment of the indebtedness secured by this Agency Deed of Trust or in the <br />performance of any agreement under this Agency Deed of Trust, to collect and retain these rents, <br />issues 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 />H-1-1 <br />DOCSOC/ 1469583v5/200272-0003
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