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r .,nrar,d .,t the xtt of �. • o bLad Escrow #: 278282-CLB Recorded in Official Records of Alameda Co. Patrick O 'Connell , Clerk-Recorder Recording Requested by and 11111111111111111111 No Fee 4 9:-) After Recording Return To: 99276460 08:30am 07/27/99 RECORDING REQUESTED BY 1)4 038 851938 39 09 000069 OLD REPUBLIC TITLE CO. A02 12 7.00 33.00 0.00 0.00 0.00 2.00 THE CITY OF SAN LEANDRO City Clerk's Office ,4/-7 AUG 1 ? 835 East 14th Street �r � � CITY CLERKS OFFICE San Leandro, CA 94577 Public Agency-No Recording Fee DEED OF TRUST THIS DEED OF TRUST is made this fi k day of Sine. , 1999 among the Trustor, CORNERSTONE COMMUNITY DEVELOPMENT CORPORATION (herein "Trustor"), THE CITY OF SAN LEANDRO (herein "Trustee"), and the Beneficiary, THE CITY OF SAN LEANDRO, a public agency organized and existing under the laws of the State of California whose address is 835 East 14th Street, San Leandro, CA 94577(herein "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, more fully described in Exhibit A, which has the address of 2047 West Avenue 133rd, San Leandro, California; 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 ONE HUNDRED EIGHTY THOUSAND DOLLARS ($180,000.00), 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. 1