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RECORDING REQUESTED BY <br />AND WHEN RECORDED MAIL TO <br />City of San Leandro <br />835 East 141h Street <br />San Leandro, CA 94577 <br />Attn: City Clerk <br />EXEMPT FROM RECORDING FEES PER <br />GOVERNMENT CODE §§6103, 27383 <br />2024108071 09/04/2024 11:44 AM <br />OFFICIAL RECORDS OF ALAMEDA COUNTY <br />MELISSA WILK, CLERK -RECORDER <br />RECORDING FEES: $0.00 <br />9aena co�' <br />II1II11IIII III1III III 11II <br />4b` <br />A?l <br />2j <br />RL <br />FORM OF DEED OF TRUST <br />21 PGS <br />Space above this line for Recorder's use. <br />DEED OF TRUST WITH ASSIGNMENT OF RENTS, SECURITY AGREEMENT AND <br />FIXTURE FILING <br />THIS DEED OF TRUST WITH ASSIGNMENT OF RENTS, SECURITY AGREEMENT AND <br />FIXTURE FILING ("Deed of Trust") is made as of .lure, (0 2024, by FH Dailey <br />Chevrolet (collectively hereinafter, "Trustor") to City of San Leandro, as trustee <br />("Trustee"), for the benefit of the City of San Leandro, a public body corporate and politic <br />("Beneficiary"). <br />RECITALS <br />A. Trustor owns fee simple title to the land described in Exhibit A attached hereto <br />and incorporated herein by this reference (the "Land"). <br />B. Beneficiary and Trustor have entered into an Owner Participation and Loan <br />Agreement dated as of the date hereof (the "Loan Agreement") pursuant to which <br />Beneficiary will loan to Trustor a sum of up to Forty Five Thousand Dollars ($45,000) (the <br />"Loan") for the purpose of partially financing the rehabilitation of the building located on the <br />Land. Trustor has issued to Beneficiary a secured promissory note dated as of the date <br />hereof (the "Note") to evidence Trustor's obligation to repay the Loan. Capitalized terms <br />used herein without definition shall have the meaning ascribed to such terms in the Loan <br />Agreement. <br />C. As a condition precedent to the making of the Loan, Beneficiary has required <br />that Trustor enter into this Deed of Trust and grant to Trustee for the benefit of Beneficiary, <br />a lien and security interest in the Property (as hereafter defined) to secure repayment of the <br />Note. <br />NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency <br />of which are hereby acknowledged, it is agreed as follows. <br />