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Test 102317
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Test 102317
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10/23/2017 2:50:45 PM
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10/23/2017 2:50:43 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Agenda
Document Date (6)
10/23/2017
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PERM
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Mortgagee's deed of trust and shall not impair the rights of the Institutional Mortgagee, or such <br /> Institutional Mortgagee's assignee or successor in interest, to exercise its remedies under the <br /> Institutional Mortgagee deed of trust in the event of default under the Institutional Mortgagee deed <br /> of trust by the Owner. Such remedies under the Institutional Mortgagee deed of trust include the <br /> right of foreclosure(judicial or non-judicial)or acceptance of a deed or assignment in lieu of <br /> foreclosure. The exercise of these remedies does not in any manner trigger the City's Option <br /> Rights and the City is not entitled to any proceeds from any sale or transfer of the Property. After <br /> such foreclosure or acceptance of a deed in lieu of foreclosure, this Deed of Trust, and the Resale <br /> Restrictions and Option to Purchase shall be forever terminated and shall have no further effect as <br /> to the Property or any transferee thereafter. <br /> IN WITNESS WHEREOF, the parties hereto have entered into this Deed of Trust as of the date <br /> first written above. <br /> CITY OF SAN LEANDRO, a municipal <br /> corporation: <br /> By: Chris apata by: Jeff Kay, Assistant City <br /> Its: City Manager I Manager <br /> Date: 4.I7A`R- <br /> OWNER(S): <br /> Cak <br /> Name: Fatimatou Fall <br /> Date: IIC- / I <br /> ALL SIGNATURES MUST BE NOTARIZED <br /> Wt.FA153530\1235331.3 8 <br /> Performance Deed of Trust <br />
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