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ALTA Loan Policy (10-17-92) w/Form 1 Cov. <br />4 <br />5 <br />11 <br />Order No. 604549 <br />Policy No. 27-042-92 1275000 <br />Any adverse claim based upon the assertion that: <br />a. Some portion of said land has been created by artificial means, or <br />has accreted to such portion so created. <br />b. Some portion of said land has been brought within the boundaries <br />thereof by an avulsive movement of San Lorenzo Creek, or has been <br />formed by accretion to any such portion. <br />Any facts, rights, interests, or claims which may exist or arise by reason of the following <br />facts disclosed by survey, Job No. 991102, dated November 30, 1999 prepared by Triple <br />E Engineering & Surveying Company: <br />A. The back of side walk encroaches 0.0' to 1 .4' along Tropic Court Cul-De-Sac. <br />B. The fact that there is a chain link fence bordering the northerly line of the flood control <br />channel for San Lorenzo Creek and the Alameda County Flood Control and Water District <br />is using the land between said fence and the center line of San Lorenzo Creek (the <br />southerly line of said land) as a concrete flood control structure. <br />A deed of trust to secure an indebtedness in the amount shown below, and any other <br />obligations secured thereby <br />Amount: $3,562,000.00 <br />Dated: December 10, 1999 <br />Trustor: Las Palmas Development Partners, a California Limited Partnership <br />Trustee: U.S. Bank Trust Company, National Association <br />Beneficiary: U.S. Bank National Association <br />Loan No.: None shown <br />Recorded: December 14, 1999, Instrument No. 99-444479, of Official Records <br />7. An assignment of all the moneys due, or to become due, as rental, as additional security <br />for the obligations secured by deed of trust shown as item no. 6. <br />Assigned to: U.S. Bank National Association <br />by Assignment <br />Recorded: December 14, 1999, Instrument/File No. 99-444480, of Official <br />Records <br />8. Matters contained in that certain document entitled "Loan Agreement for the use of Home <br />Funds" dated December 6, 1999, executed by and between The City of San Leandro, a <br />municipal corporation and Citizens Housing Corporation, a California nonprofit public <br />benefit corporation recorded December 14, 1999, Instrument No. 99-444482, of Official <br />Records, which document, among other things, contains or provides for: As therein <br />provided. <br />Reference is hereby made to said document for full particulars. <br />5 <br />