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a. personal delivery, in which case notice shall be deemed delivered upon <br /> receipt; <br /> b. certified or registered mail, return receipt requested, in which case notice <br /> shall be deemed delivered two (2) business days after deposit, postage prepaid in the United <br /> States mail; <br /> c. nationally recognized overnight courier, in which case notice shall be <br /> deemed delivered one (1) day after deposit with such courier; or <br /> d. facsimile transmission, in which case notice shall be deemed delivered on <br /> transmittal, provided that a transmission report is generated reflecting the accurate transmission <br /> thereof. <br /> Beneficiary: <br /> City of San Leandro <br /> 835 East 14 Street <br /> San Leandro, CA 94577 <br /> Attention: Executive Director <br /> Trustor: Alameda County Allied Housing Program <br /> 22245 Main St., #204 <br /> Hayward, CA 94541 <br /> Attention: Executive Director <br /> Trustee: Placer Title Company <br /> 400 Estudillo Ave., Suite 100 <br /> San Leandro, CA 94577 <br /> Attention: Jennifer Frye <br /> 10.3 Binding on Successors. The terms, covenants and conditions of this Deed of <br /> Trust shall be binding upon and inure to the benefit of the heirs, administrators, executors, <br /> successors in interest, transferees, and assigns of the Trustor, Beneficiary and Trustee; provided <br /> however this Section 10.3 does not waive the provisions of Section 7.4. <br /> 10.4 Substitution of Trustee. Beneficiary may from time to time or at any time <br /> substitute a trustee or trustees to execute the trust hereby created, and when any such substitution <br /> has been filed for record in the office of the Recorder of Alameda County, it shall be conclusive <br /> evidence of the appointment of such trustee or trustees, and such new trustee or trustees shall <br /> succeed to all of the powers and duties of the Trustee named herein. <br /> 10.5 Attorneys' Fees and Costs. In any action or proceeding to foreclose this Deed of <br /> Trust or to enforce any right of Beneficiary or of Trustee, Trustor shall pay to Beneficiary and <br /> Trustee all costs of such action or proceeding, including reasonable attorneys' fees. <br /> 10.6 Governing Law; Severability; Interpretation. This Deed of Trust shall be <br /> governed by the laws of the State of California without regard to principles of conflicts of laws. <br /> 818002 -2 16 <br />