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Deed - 2390 E 14th St - File 1355, 2000
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Deed - 2390 E 14th St - File 1355, 2000
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10/4/2022 7:10:05 PM
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CM City Clerk-City Council
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Deed
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Trustee shall deliver to the purchaser its deed conveying the property so sold, but without any covenant or <br />warranty, express or implied. The recitals in such deed of any matters or facts shall be conclusive proof of <br />the truthfulness thereof. Any person, including Trustor, Trustee, or Beneficiary, may purchase at such sale. <br />After deducting all costs, fees, and expenses of Trustee and of this Trust, including cost of <br />evidence of title and reasonable attomeys' fees in connection with sale, Trustee shall apply the proceeds <br />of sale to payment of all sums expended under the terms hereof, not then repaid, with accrued interest at <br />seven percent (7%) per annum; all other sums then secured hereby; and the remainder, if any, to the <br />person or persons legally entitled thereto. <br />9. Trustor's Right to Reinstate. Notwithstanding Beneficiary's acceleration of the sums <br />secured by this Deed of Trust due to Trustor's breach, Trustor shall have the right to have any proceedings <br />begun by Beneficiary to enforce this Deed of Trust discontinued at any time prior to five days before sale of <br />the Property pursuant to the power of sale contained in this Deed of Trust or at any time prior to entry of a <br />judgment enforcing this Deed of Trust if: (a) Trustor pays Beneficiary all sums which would be then due <br />under this Deed of Trust if the Note had no acceleration provision; (b) Trustor cures all breaches of any <br />other covenants or agreements of Trustor contained in this Deed of Trust; (c) Trustor pays all reasonable <br />expenses incurred by Beneficiary and Trustee in enforcing the covenants and agreements of Trustor <br />contained in this Deed of Trust, and in enforcing Beneficiary's and Trustee's remedies as provided herein, <br />including, but not limited to, reasonable attorney's fees; and (d) Trustor takes such action as Beneficiary <br />may reasonably require to assure that the lien of this Deed of Trust, Beneficiary's interest in the Property <br />and Trustor's obligation to pay the sums secured by this Deed of Trust Shall continue unimpaired. Upon <br />such payment and cure by Trustor, this Deed of Trust and the obligations secured hereby shall remain in <br />full force and effect as if no acceleration had occurred. <br />10. Indemnification for Relocation Costs. Trustor shall indemnify, defend, and hold harmless <br />the Beneficiary, the City of San Leandro, and the Redevelopment Agency of the City of San Leandro, its <br />officer, employees, agents, and assigns, from and against any and all claims or actions for money or <br />damages for relocation assistance benefits, which may arise by reason of Article 9 of Chapter 4 of Division <br />24 of the Health and Safety Code of the State of California, or by reason of Chapter 16 of Division 7 of Title <br />I of the Government Code of the State of California, or by reason of the federal act entitled "Uniform <br />Relocation Assistance and Real Property Acquisition Policies Act of 1970" (Public Law 91-646), as <br />amended, or by reason of any law or regulation of the United States of America or the State of California, <br />made by persons, businesses or entities who have or may have resided or operated on the Property. <br />11. * Request for Notices. Trustor requests that copies of the notice of default and notice of <br />sale be sent to Trustor's address which is 409 Jackson Street, Hayward, California 94544. Beneficiary <br />requests that copies of notices of foreclosure from the holder of any lien which has priority over this Deed <br />of Trust be sent to Beneficiary's address, as set forth on page one of this Deed of Trust, as provided by <br />Section 2924(b) of the Civil Code of California. <br />12. Statement of Obligation. Beneficiary may collect a fee not to exceed $50 for furnishing the <br />statement of obligation as provided by Section 2943 of the Civil Code of California. <br />6 <br />
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