Deed - 262 Davis St - File D-1366, 2013 0517

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DEED OF TRUST THIS DEED OF TRUST is made this, Lloday ofoe Tr' , 2002 by and between the San Leandro Chamber of Commerce ("Trustor"); THE CITY OF SAN LEANDRO ("Trustee"); and THE CITY OF SAN LEANDRO REDEVELOPMENT AGENCY, a public agency organized and existing under the laws of the State of California whose address is 835 East W Street, San Leandro, California 94577 ("Beneficiary"). TRUSTOR, in consideration of the indebtedness herein recited and the trust herein created, irrevocably grants and conveys to Trustee, in trust, with power of sale, that real property located in the County of Alameda, State of California (APN 075-0001-009-02), which has the address of 262 Davis Street, San Leandro, California as shown on Exhibit A attached hereto. TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances and rents (subject however to the rights and authorities given herein to Beneficiary to collect and apply such rents), all of which shall be deemed to be and remain a part of the property covered by this Deed of Trust; and all of the foregoing, together with said property are hereinafter referred to as the "Property"; TO SECURE to Beneficiary payment of the indebtedness evidenced by a promissory note, of even date herewith, and extensions and renewals thereof (herein "Note"), in the principal sum of Seven Thousand Dollars ($7,000), any additional sums and interest thereon hereafter loaned by Beneficiary to Trustor, which loans are evidenced by a promissory note or notes, containing a recitation that this Deed of Trust secures the payment thereof, and the performance of each agreement herein contained. TRUSTOR covenants that it is lawfully seized of the estate hereby conveyed and has the right to grant and convey the Property, and that, to the best of Trustor's knowledge, the Property is unencumbered except for encumbrances of record. Trustor warrants and will defend generally the title to the Property against all claims and demands, subject to encumbrances of record. A. To protect the security of this Deed of Trust, Trustor agrees as follows: 1. Preservation and Maintenance of Property. Trustor agrees to keep the Property in good condition and repair; to complete or restore promptly and in good and workmanlike manner any building which may be constructed, damaged, or destroyed thereon and to pay when due all claims for labor performed and materials furnished therefore; to comply with all laws affecting the Property or requiring any alterations or improvements to be made thereon; not to commit or permit waste thereof, not to commit, suffer, or permit any act upon the Property in violation of law; to cultivate, irrigate, fertilize, fumigate, prune, and do all other acts which from the character or use of the Property may be reasonably necessary, the specific enumerations herein not excluding the general.