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AgdaPkt 2017-06-12 Joint SA PFA
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AgdaPkt 2017-06-12 Joint SA PFA
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Last modified
6/13/2017 11:00:53 AM
Creation date
6/8/2017 2:54:33 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Successor Agency and Public Financing Authority
Date
6/12/2017
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SPACE ABOVE THIS LINE FOR RECORDER'S USE <br />EXHIBIT B <br /> <br />FORM OF DEED OF TRUST <br /> <br /> <br /> <br /> Exempt from Recording Fees under Govt. Code Section 27383 <br /> <br /> <br />Performance Deed of Trust and Assignment of Rents <br /> <br />APN: 053-322-160-2 <br /> RECORDING REQUESTED BY <br /> <br /> City of Redwood City <br /> AND WHEN RECORDED MAIL TO <br /> <br /> City of Redwood City <br /> 1017 Middlefield Road <br /> Redwood City, CA 94063 Attn: City Clerk <br /> <br /> <br /> <br /> <br /> <br />This Deed of Trust is made as of___________________, among <br /> <br />LifeMoves, formerly known as InnVision Shelter Network, a California non-profit public benefit corporation., <br /> <br />whose address is 181 Constitution Drive, Menlo Park, CA 94025, ("TRUSTOR"), <br /> <br />Old Republic Title ("TRUSTEE"), and <br /> <br />the CITY OF REDWOOD CITY, a municipal corporation (“BENEFICIARY"), <br />Trustor irrevocably grants, transfers and assigns to Trustee in trust, with power of sale, the real property in <br />San Mateo County, California, described as follows, together with all improvements thereon (the "Property"): <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />For the purpose of securing: <br />(a) Performance of the obligations in favor of Beneficiary contained in that certain Affordability Agreement dated <br />____________________ between Trustor and Beneficiary (the “Affordability Agreement”); and (b) performance of each <br />agreement of Trustor contained herein. <br /> <br /> <br />REV: 06-06-17 JS <br />ATTY/RESO.0051/CC RESO REDWOOD FAMILY HOUSE TRANSITIONAL HOUSING LOAN FORGIVENESS <br />Page 20 of 68 <br />6.3.B. - Page 25
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