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RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City of San Leandro City Hall 835 East 14th Street San Leandro, CA 94577 Attn: City Manager EXEMPT FROM RECORDING FEES PER GOVERNMENT CODE §§6103, 27383 APN: 8OG-910-15 Space above this line for Recorder's use. DEED OF TRUST WITH ASSIGNMENT OF RENTS, SECURITY AGREEMENT AND FIXTURE FILING This DEED OF TRUST WITH ASSIGNMENT OF RENTS, SECURITY AGREEMENT AND FIXTURE FILING (this "Deed of Trust") is made as of December 7, 2018, by MTLG, LLC, a California limited liability company (the "Trustor") to the City of San Leandro, a California charter city, as trustee (the "Trustee"), for the benefit of the City of San Leandro, a California charter city (the "Beneficiary"). The Trustor and the Beneficiary are hereinafter collectively referred herein as the "Parties." RECITALS A. The Trustor owns fee simple title to the land and improvements located at 2539 Grant Avenue, San Leandro, County of Alameda, State of California, described in Exhibit A attached hereto and incorporated herein by this reference (the "Land"). B. The Beneficiary and the Trustor have entered into that certain loan agreement dated as of the date hereof (the "Agreement") pursuant to which the Beneficiary will provide a loan to the Trustor in a sum of up to Four Hundred Fifty Five Thousand One Hundred Seven Dollars and Thirty Sixty Cents ($455,107.36.) (the "Loan"). The Trustor has issued to the Beneficiary a secured promissory note dated as of the date hereof (the "Note") to evidence the Trustor's obligation to repay the Loan. Capitalized terms used herein without definition shall have the meaning ascribed to such terms in the Agreement. C. As a condition precedent to the making of the Loan, the Beneficiary has required that the Trustor enter into this Deed of Trust and grant to the Trustee for the benefit of the Beneficiary, a lien and security interest in the Property (as hereafter defined) to secure repayment of the Note. NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, it is agreed as follows.