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8M Consent 2008 0902
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8M Consent 2008 0902
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Last modified
8/29/2008 9:30:09 AM
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8/29/2008 9:30:07 AM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Staff Report
Document Date (6)
9/2/2008
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PERM
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_CC Agenda 2008 0902
(Reference)
Path:
\City Clerk\City Council\Agenda Packets\2008\Packet 2008 0902
RDA Reso 2008-022
(Reference)
Path:
\City Clerk\City Council\Resolutions\2008
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and cure by Trustor, this DEED OF TRUST and the obligations secured hereby shall remain in full force and <br />effect as if no acceleration had occurred, <br />10, Request for Notices, Trustor requests that copies of the notice of default and notice of sale be <br />sent to Trustor's address as set forth in Paragraph 6. Beneficiary requests that copies of notices of foreclosure <br />from the holder of any lien which has priority over this DEED OF TRUST be sent to Beneficiary's address, as <br />set forth on page one of this DEED OF TRUST, as provided by Section 2924(b) of the Civil Code of California. <br />11. Statement of Obligation. Beneficiary may collect a fee not to exceed $50 for furnishing the <br />statement of obligation as provided by Section 2943 of the Civil Code of California. <br />12. Successors and Assigns. This DEED OF TRUST applies to, inures to the benefit of, and binds <br />all parties hereto, their heirs, legatees, devisees, administrators, executors, successors, and assigns. The term <br />Beneficiary shall mean the holder and owner of the NOTE secured hereby; or, if the Note has been pledged, the <br />pledgee thereof. In this DEED OF TRUST, whenever the context so requires, the singular number includes the <br />plural. <br />13. Other Sales, Actions, or Proceedings. Trustee is not obligated to notify any party hereto of <br />pending sale under any other DEED OF TRUST or of any action or proceeding in which Trustor, Beneficiary, or <br />Trustee shall be a party unless brought by Trustee. <br />14, Substitution of Trustee. Beneficiary may from time to time or at any time substitute a Trustee <br />or Trustees to execute the trust hereby created, and when any such substitution has been filed for record in the <br />office of the Recorder of the county in which the Property is situated, it shall be conclusive evidence of the <br />appointment of such Trustee or Trustees, and such new Trustee or Trustees shall succeed to all of the powers <br />and duties of the Trustee or Trustees named herein. <br />IN WITNESS WHEREOF, Trustor has executed this DEED OF TRUST. <br />Trustor, <br />1113396.3 C-5 - '+~ ~ ~ ~~ <br />,- <br />~ .... <br />
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