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AgdaPkt 2019-05-20 Joint SA PFA
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AgdaPkt 2019-05-20 Joint SA PFA
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Last modified
10/1/2020 3:47:20 PM
Creation date
5/16/2019 5:27:10 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
5/20/2019
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6.B. - Page 41 of 46 <br />made in writing, and sent to the parties at their respective addresses specified below or to such <br />other address as a party may designate by written notice delivered to the other parties in <br />accordance with this Section. All such notices shall be sent by: (a) personal delivery, in which <br />case notice shall be deemed delivered upon receipt; (b) certified or registered mail, return receipt <br />requested, in which case notice shall be deemed delivered two (2) business days after deposit, <br />postage prepaid in the United States mail; or (c) nationally recognized overnight courier, in <br />which case notice shall be deemed delivered one (1) day after deposit with such courier. <br />TRUSTOR: Redwood Oaks Associates II LP <br />800 S. Claremont #210 <br />San Mateo, CA 94401 <br />Attention: Kate Comfort, Executive Director <br />with a copy to: CREA Redwood Oaks, LP <br />30 South Meridian Street, Suite 400 <br />Indianapolis, IN 46204 <br />Attention: Asset Management (Redwood Oaks) <br />and with a copy to: Nixon Peabody LLP <br />799 9th Street NW, Suite 500 <br />Washington, DC 20001-5327 <br />Attention: Matthew W. Mullen <br />BENEFICIARY: City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />Attention: City Manager <br />With a copy to: Burke, Williams & Sorensen, LLP <br />1901 Harrison Street, 91h floor <br />Oakland, CA 94612 <br />Attention: Susan E. Bloch, Esq. <br />10.3 Binding on Successors. The terms, covenants and conditions of this Deed of <br />Trust shall be binding upon and inure to the benefit of the heirs, administrators, executors, <br />successors in interest, transferees, and assigns of the Trustor, Beneficiary and Trustee; provided <br />however this Section 10.3 does not waive the provisions of Section 7.6. <br />10.4 Substitution of Trustee. Beneficiary may from time to time or at any time <br />substitute a trustee or trustees to execute the trust hereby created, and when any such substitution <br />has been filed for record in the office of the Recorder of San Mateo County, it shall be <br />conclusive evidence of the appointment of such trustee or trustees, and such new trustee or <br />trustees shall succeed to all of the powers and duties of the Trustee named herein. <br />10.5 Attorneys' Fees and Costs. In any action or proceeding to foreclose this Deed of <br />Trust or to enforce any right of Beneficiary or of Trustee, Trustor shall pay to Beneficiary and <br />Trustee all costs of such action or proceeding, including reasonable attorneys' fees. <br />REV: 05-10-19 DZ <br />Page 19 of 24 <br />ATTY/AGR.2019.121/Redwood Oaks Associates 11 LP - Amended & Restated Deed 69 <br />
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