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Inst 2017158661
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Inst 2017158661
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Last modified
11/17/2017 11:44:21 AM
Creation date
11/17/2017 11:44:04 AM
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CM City Clerk-City Council
Document Date (6)
7/20/2017
Recorded Document Type
Performance Deed of Trust
Retention
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 spate by: Jeff Kay, Assistant City <br /> Its: City Manager Manager <br /> Date: <br /> OWNER(S): <br /> Name: Fatimatou Fall <br /> Date: <br /> ALL SIGNATURES MUST BE NOTARIZED <br /> W1,FA\53530\1 235331.3 <br /> Performance Deed of Trust <br />
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