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RDA Agmt 2008 Hornet Associates
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RDA Agmt 2008 Hornet Associates
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Last modified
2/24/2009 5:49:58 PM
Creation date
10/6/2008 3:38:52 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agreement
Document Date (6)
8/26/2008
Recorded Document Type
OPA
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PERM
Document Relationships
Inst 2008279378
(Reference)
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\City Clerk\City Council\Recorded Documents\2008
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<br />in this DEED OF TRUST, and in enforcing Beneficiary's and Trustee's remedies as provided herein, including, <br />but not limited to, reasonable attorney's fees; and (d) Trustor takes such action as Beneficiary may reasonably <br />require to assure that the lien of this DEED OF TRUST, Beneficiary's interest in the Property and Trustor's <br />obligation to pay the sums secured by this DEED OF TRUST shall continue unimpaired. Upon such payment <br />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 />-- p <br />939?97v1 C-6 oWile~` P~P'tl~~~~!#ii3~3 A~Cee~3ient <br />pity ref San ~.eand~c~ Redevel~~rnent Agency <br />1~d3-~1~ Joaquin Avenue <br />Deed of Trust <br />
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