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. . 97277995 In addition to the Loan, the Borrower obtained an additional loan from the "Redevelopment Agency (the "Senior Lien Holder"), which loan is secured by a first deed of trust lien on the Property (the "First Deed of Trust"). The documents evidencing or securing the First and Deed of Trust Loan is collectively referred to herein as the First Deed of Trust Loan Documents. This Security Instrument secures to Lender: (a) the repayment of the debt evidenced by the Note, with interest as provided in the Note, and all renewals, extensions and modifications of the Note; and (b) the performance of Borrower's covenants and agreements under this Security Instrument, the Note, Owner Participation Agreement, and Regulatory Agreement. For this purpose, Borrower irrevocably grants, transfers, assigns, and conveys to Trustee, in trust, with power of sale and right of entry and possession, subject to the rights of the Senior Lien Holders under the First Deed of Trust, all of Borrower's rights, title and interest now held or hereafter acquired in and to the following described property located in Alameda. County, California: 112 Garcia Avenue, City of San Leandro, County of Alameda, State of California, as described more particularly in the attached Exhibit A. TOGETHER WITH all the improvements now or hereafter erected on the property, and all easements, appurtenances, and fixtures now or hereafter a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the "Property" . Borrower COVENANTS that Borrower is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Property and, except for the First Deed of Trust, the Property is unencumbered. Borrower warrants and will defend generally the title to the Property against all claims and demands, subject to such encumbrances of record. THIS SECURITY INSTRUMENT combines uniform covenants for use and non-uniform covenants with limited variations by jurisdiction to constitute a uniform security instrument covering real property. This Security Instrument applies to, inures to the benefit of, and binds all parties hereto, their heirs, legatees, devises, administrators, executors, successors, and assigns. Mission Bell Retrofit Deed of Trust July 24, 1997 Page 2 of II