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RECORDING REQUESTED BY and when recorded mail to: ~y ~ "I "111II "" 11I111II "7 POS THE CITY OF SAN LEANDRO REDEVELOPMENT AGENCY Office of Business Development 835 East 14th Street San Leandro, CA 94577 EXEMPT FROM RECORDING FEES PER GOVERNMENT CODE 6103,27383 THIS SPACE FOR RECORDER'S USE ONLY DEED OF TRUST THIS DEED OF TRUST is made this /d-~ay of rvt eU-~ , 2007 by and between WHITE HOUSE EVENTS, a California limited liability company ("Trustor"); THE CITY OF SAN LEANDRO, a public body, corporate and politic ("Trustee"); and THE CITY OF SAN LEANDRO REDEVELOPMENT AGENCY, a public agency organized and existing under the laws of the State of California whose address is 835 East 14th Street, San Leandro, California 94577 ("Beneficiary"), TRUSTOR, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, that real property located in the County of Alameda, State of California (APN 076032600901), which has the address of 599 MacArthur Boulevard, San Leandro, California, TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances and rents (subject however to the rights and authorities given herein to Beneficiary to collect and apply such rents), all of which shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing, together with said property are hereinafter referred to as the "Property"; TO SECURE to Beneficiary payment of the indebtedness evidenced by a promissory note, of even date herewith, and extensions and renewals thereof (herein "Note"), in the principal sum of FIFTY THOUSAND DOLLARS ($50,000.00), any additional sums and interest thereon hereafter loaned by Beneficiary to Trustor, which loans are evidenced by a promissory note or notes, containing a recitation that this Deed of Trust secures the payment thereof, and the performance of each agreement herein contained. TRUSTOR covenants that it is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Property, and that, to the best of Trustor's knowledge, the Property is unencumbered except for encumbrances of record. Trustor warrants and will defend generally the title to the Property against all claims and demands, subject to encumbrances of record. A. To protect the security of this Deed of Trust, Trustor agrees as follows: 1. Preservation and Maintenance of Property, Trustor agrees to keep the Property in good condition and repair; to complete or restore promptly and in good and workmanlike manner any building 947725v1