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RECORDING REQUESTED BY: <br /> <br />When Recorded Mail To: , - <br />City of Redwood City <br />Planning and Redevelopment <br />P. O. Box 391 <br />Redwood City, Ca 94064 <br /> <br />Escrow No. <br />Title Order No: SPACE ABOVE THIS LINE FOR RECORDER'S USE <br /> <br />APN: 053-271-490 <br /> <br /> SHORT FORM DEED OF TRUST AND ASSIGNMENT OF RENTS <br /> <br />THIS DEED OF TRUST, made January ,2002, between <br /> <br />Housing Association for the Needy and Dispossessed, Inc., a California public benefit corporation. <br />herein called TRUSTOR, whose address is 364 South Railroad Avenue, San Marco, CA 94401. <br />FIDELITY NATIONAL TITLE INSURANCE COMPANY, a corporation, herein called TRUSTEE, <br />and City of Redwood City, a Municipal corporation, herein called BENEFICIARY, <br />WITNESSETH: That Trustor IRREVOCABLY GRANTS, TRANSFERS AND ASSIGNS to <br />TRUSTEE IN TRUST, WITH POWER OF SALE, that property in San Mateo County, California, <br />described as: <br /> <br /> See Exhibit "One" <br /> <br />TOGETHER WITH the rents, issues and profits thereof, SUBJECT, HOWEVER, to the right, power and <br />authority given to and conferred upon Beneficiary by paragraph (10) of the provisions incorporated <br />herein by reference to collect and apply such rents, issues and profits. <br /> <br />For the Purpose of Securing: 1. Performance of each agreement of Trustor incorporated by reference <br />or contained herein. 2. Payment of the indebtedness evidenced by one promissory note of even date <br />herewith, and any extension or renewal thereof, in the principal sum of $241,400.22 executed by Trustor <br />in favor of Beneficiary or order. 3. Payment of such further sums as the then record owner of said <br />property hereafter may borrow from Beneficiary, when evidenced by another note {or notes) reciting it is <br />so secured. <br /> <br /> INITIALS <br /> <br />FD-21B (Rev. 4/94) SHORT FORM DEED OF TRUST Page No. I of 4 <br /> <br /> EXHIBIT C <br /> <br /> <br />