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Deed of Trust MTLG LLC
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Deed of Trust MTLG LLC
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9/22/2020 10:09:10 AM
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9/22/2020 9:41:01 AM
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CM City Clerk-City Council
Document Date (6)
4/10/2019
Recorded Document Type
Assignment of Rents
Deed of Trust
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PERM
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"the Beneficiary" means the present Beneficiary or any future owner or holder, including <br />a pied gee of the indebtedness secured hereby. · <br />7.2 Headings; Gender, Number. The captions and headings used in this <br />Deed of Trust are inserted only for convenience of reference and in no way define, limit, <br />or describe the scope or intent of this Deed of Trust, or of any particular provision <br />thereof, or the proper construction thereof., Wherever used, the singular number shall <br />include the plural, and the plural the singular, and the use of any gender shall be <br />applicable to all genders. <br />7.3 Approvals in Writing. Except as otherwise specifically provided herein, <br />whenever any approval, notice, direction, consent, request, or other action by the <br />Beneficiary is required or permitted under this Deed of Trust, such action shall be in <br />writing. . <br />7.4 Joint and Several Obligations. If more than one person has executed this <br />Deed of Trust as Trustor, the obligations of all such persons hereunder shall be joint <br />and several. · · <br />7.5 Severability. If any provision of this Deed of Trust shall be held by;a court <br />of competent jurisdiction to be invalid, illegal, or unenforceable, the validity, legality, and <br />enforceability of the remaining provisions hereof shall not in any way be affected or <br />impaired thereby. <br />7.6 Notices. Except for any notice required under applicable law to be given <br />in another manner (a) any notice to Trustor provided for in this Deed of Trust shall be <br />given by mailing such notice by certified mail directed to t~e Property address or any <br />other address Trustor designates by notice to Beneficiary as provided herein; and, (b) <br />any notice to Beneficiary sh9ll be given by certified mail, return receipt requested, to <br />Beneficiary's mailing address stated herein or to such other address as Beneficiary may <br />designate by notice to Trustor as provided herejn. Any notice provided for in this Deed <br />of Trust shall deem to have been given to Trustor or Beneficiary when given in the <br />manner designated herein. <br />Beneficiary: City of San Leandro <br />835 East 14th Street <br />San Leandro, CA 94577 <br />Attn: City Manager <br />Trustor: MTLG, LLC <br />c!o Louis A. Rigaud <br />2539 Grant Avenue <br />San Leandro, CA 94579 <br />Exhibit C Page 13 of 16
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