My WebLink
|
Help
|
About
|
Sign Out
Home
Inst 2018004642
CityHall
>
City Clerk
>
City Council
>
Recorded Documents
>
2018
>
Inst 2018004642
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
3/9/2018 4:37:49 PM
Creation date
3/9/2018 4:28:39 PM
Metadata
Fields
Template:
CM City Clerk-City Council
Document Date (6)
1/8/2018
Recorded Document Type
Deed of Trust
Assignment of Rents
Retention
PERM
Document Relationships
Agmt 2017 Dan and Gina Dillman Loan Agreement
(Reference)
Path:
\City Clerk\City Council\Agreements\2017
Reso 2017-150
(Reference)
Path:
\City Clerk\City Council\Resolutions\2017
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
29
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
6. Fixture Filing. This Deed of Trust is intended to be and constitutes a fixture filing <br /> pursuant to the provisions of the UCC with respect to all of the Property constituting fixtures, is <br /> being recorded as a fixture financing statement and filing under the UCC, and covers property, <br /> goods and equipment which are or are to become fixtures related to the Land and the <br /> Improvements. Trustor covenants and agrees that this Deed of Trust is to be filed in the real <br /> estate records of Alameda County and shall also operate from the date of such filing as a fixture <br /> filing in accordance with Section 9502 and other applicable provisions of the UCC. This Deed <br /> of Trust shall also be effective as a financing statement covering minerals or the like (including <br /> oil and gas) and accounts subject to the UCC, as amended. Trustor shall be deemed to be the <br /> "debtor" and Beneficiary shall be deemed to be the "secured party" for all purposes under the <br /> UCC. <br /> 7. Trustor's Representations, Warranties and Covenants, Rights and Duties of the Parties. <br /> 7.1 Representations and Warranties. Trustor represents and warrants that: (i)Trustor <br /> lawfully possesses and holds a fee simple interest in the Land and the Improvements, (ii) Trustor <br /> has good and marketable title to all of the Property; (iii)other than as limited by the Loan <br /> Documents, Trustor has the full and unlimited power, right and authority to encumber the <br /> Property and assign the Rents; (iv) subject only to encumbrances of record and senior liens <br /> permitted pursuant to the Loan Documents or otherwise approved in writing by Beneficiary <br /> ("Permitted Encumbrances"), this Deed of Trust creates a valid lien on Trustor's entire interest <br /> in the Property; (v) except with respect to Permitted Encumbrances, Trustor owns the Property <br /> free and clear of all deeds of trust,mortgages, security agreements, reservations of title or <br /> conditional sales contracts, (vi)there is no financing statement affecting the Property on file in <br /> any public office other than as disclosed in writing to Beneficiary; and (vii)the correct address of <br /> Trustor's office is specified in Section 10.2. <br /> 7.2 Condition of Property. Trustor represents and warrants that except as disclosed to <br /> Beneficiary in writing, as of the date hereof. (i) Trustor has not received any notice from any <br /> governmental authority of any threatened or pending zoning, building, fire, or health code <br /> violation or violation of other governmental regulations concerning the Property that has not <br /> previously been corrected, and no condition on the Land violates any health, safety, fire, <br /> environmental, sewage, building, or other federal, state or local law, ordinance or regulation; (ii) <br /> no contracts, licenses, leases or commitments regarding the maintenance or use of the Property <br /> or allowing any third party rights to use,the Property are in force; (iii)there are no threatened or <br /> pending actions, suits, or administrative proceedings against or affecting the Property or any <br /> portion thereof or the interest of Trustor in the Property; (iv)there are no threatened or pending <br /> condemnation, eminent domain, or similar proceedings affecting the Property or any portion <br /> thereof; (v)Trustor has not received any notice from any insurer of defects of the Property which <br /> have not been corrected; (vi)there are no natural or artificial conditions upon the Land or any <br /> part thereof that could result in a material and adverse change in the condition of the Land; (vii) <br /> all information that Trustor has delivered to Beneficiary, either directly or through Trustor's <br /> agents, is accurate and complete; and(viii) Trustor or Trustor's agents have disclosed to <br /> Beneficiary all material facts concerning the Property. <br /> 7.3 Authoritv. Trustor represents and warrants that this Deed of Trust and all other <br /> documents delivered or to be delivered by Trustor in connection herewith: (a) have been duly <br /> 26 <br />
The URL can be used to link to this page
Your browser does not support the video tag.