VISTA DEL RIO PARTNERS, L.P. - Laserfiche WebLink

Home Browse Search

EXHIBIT C FREE RECORDING REQUESTED PURSUANT TO GOVERNMENT CODE SECTION 27383 When Recorded Mail to: City of Santa Ana 20 Civic Center Plaza P.O. Box 1988 Santa Ana, California 92702 Attn: Executive Director CITY/HOME LOAN DEED OF TRUST AND ASSIGNMENT OF RENTS This CITY /HOME LOAN DEED OF TRUST AND ASSIGNMENT OF RENTS (the "Deed of Trust ") is made as of March , 2012, among Vista Del Rio Housing Partners LP, a California limited partnership (the "Trustor "), First American Title Insurance Company, a California corporation (the "Trustee "), and the City of Santa Ana, a charter city and municipal corporation duly organized and existing under the Constitution and laws of the State of California (the `Beneficiary "). Trustor, in consideration of the promises herein recited and the trust herein created, irrevocably grants, transfers, conveys and assigns to Trustee, in trust, with power of sale, the property located in the City of Santa Ana ( "City "), County of Orange, State of California, described in the attached Exhibit A and more commonly known 1600 West Memory Lane, Santa Ana, California (the "Property "); TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances and all fixtures now or hereafter attached to the Property, all of which, including replacements and additions thereto, shall be deemed to be and remain a part of the Property covered by this Deed of Trust; TOGETHER with the right, power and authority during the continuance of these Trusts, to collect the rents, issues, and profits of the Property, reserving unto the Trustor the right, prior to any default by Trustor in payment of the indebtedness secured by this Deed of Trust or in the performance of any agreement secured by this Deed of Trust, to collect and retain these rents, issues and profits as they become due and payable; and, TOGETHER with all articles of personal property or fixtures now or hereafter attached to or used in and about the building or buildings now erected, or hereafter to be erected, on the Property which are necessary to the complete and comfortable use and occupancy of such building or buildings for the purposes for which they were or are to be erected, including all other goods and chattels and personal property as are ever used or furnished in operating a building, or the activities conducted therein, similar to the one herein described and referred to, and all renewals or replacements thereof or articles in substitution therefore, whether or not the same are, or shall be C -1 DOCSOC /1475221v 10/200272 -0004