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<br />e <br /> <br />. <br /> <br />912.11990 <br /> <br />In addition to the Loan, the Borrower obtained two additional loans from the <br />Redevelopment Agency of the City of San Leandro (the "Senior Lien Holder"), which <br />loans are secured by senior deeds of trust liens on the Property (the "Senior Deeds of <br />Trust"). The documents evidencing or securing the Senior Deeds of Trust Loans are <br />collectively referred to herein as the Senior Deeds of Trust Loan Documents. <br /> <br />This Security Instrument secures to Lender: (a) the repayment of the debt <br />evidenced by the Note, with interest as provided in the Note, and all renewals, <br />extensions and modifications of the Note; and (b) the performance of Borrower's <br />covenants and agreements under this Security Instrument, the Note, Owner <br />Participation Agreement, and Regulatory Agreement. For this purpose, Borrower <br />irrevocably grants, transfers, assigns, and conveys to Trustee, in trust, with power of <br />sale and right of entry and possession, subject to the rights of the Senior Lien Holders <br />under the Senior Deeds of Trust, all of Borrower's rights, title and interest now held <br />or hereafter acquired in and to the following described property located in Alameda <br />County, California: <br /> <br />112 Garcia Avenue, City of San Leandro, County of Alameda, <br />State of California, and more particularly described in the <br />attached Exhibit A. <br /> <br />TOGETHER WITH all the improvements now or hereafter erected on the <br />property, and all easements, appurtenances, and fixtures now or hereafter a part of <br />the property. All replacements and additions shall also be covered by this Security <br />Instrument. All of the foregoing is referred to in this Security Instrument as the <br />"Property" . <br /> <br />Borrower COVENANTS that Borrower is lawfully seized of the estate hereby <br />conveyed and has the right to grant and convey the Property and, except for the <br />Senior Deeds of Trust, the Property is unencumbered. Borrower warrants and will <br />defend generally the title to the Property against all claims and demands, subject to <br />such encumbrances of record. <br /> <br />THIS SECURITY INSTRUMENT combines uniform covenants for use and <br />non-uniform covenants with limited variations by jurisdiction to constitute a uniform <br />security instrument covering real property. <br /> <br />This Security Instrument applies to, inures to the benefit of, and binds all <br />parties hereto, their heirs, legatees, devises, administrators, executors, successors, and <br />assigns. <br /> <br />Mission Bell Retrofit <br />Deed of Trust ($25,000.00) <br />July 24, 1997 <br /> <br />Page 2 of 11 <br />