Laserfiche WebLink
Exhibit C <br />(Deed of Trust) <br />RECORDING REQUESTED BY: <br />CITY OF REDWOOD CITY <br />When Recorded Mail To: <br />CITY OF REDWOOD CITY <br />City Clerk <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />SPACE ABOVE THIS LINE FOR RECORDER'S USE Tempt from Recording Fees under Govt. Code Sect7on 27383 <br />APN:INSERT <br />SHORT FORM DEED OF TRUST AND ASSIGNMENT OF RENTS <br />THIS DEED OF TRUST, made this of 2018 between MP Mosaic Garden <br />Associates, L.P., A CALIFORNIA LIMITED PARTNERSHIP, herein called TRUSTOR, whose address <br />is 303 Vintage Park Drive, #250, Foster City, CA 94404, Old Republic Title Company, A CALIFORNIA <br />CORPORATION, herein called TRUSTEE, and CITY OF REDWOOD CITY, A MUNICIPAL <br />CORPORATION, herein called BENEFICIARY, WITNESSETH: That Trustor IRREVOCABLY <br />GRANTS, TRANSFERS AND ASSIGNS to TRUSTEE IN TRUST, WITH POWER OF SALE, that <br />property (the "Property") in San Mateo County, California, described as: <br />SHORT FORM DEED OF TRUST EXHIBIT "A" <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 />For the Purpose of Securing: 1. Performance of all of the terms of the Agreement with MidPen <br />Housing Corporation for Funds to Refinance 3752-3770 Rolison Road, by and between Trustor and <br />Beneficiary, and each agreement of Trustor incorporated by reference or contained therein (the <br />"Agreement"). 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 $1,100,000.00 executed by <br />Trustor in favor of Beneficiary or order. 3. Payment of such further sums as the then record owner of <br />said property hereafter may borrow from Beneficiary, when evidenced by another note (or notes) <br />reciting it is so secured. <br />INITIALS <br />FD -21 B (Rev. 4/94) SHORT FORM DEED OF TRUST Page No. 1 of 6 <br />ATTY/AGR/2018.027/MID PEN MOSIAC GARDENTS(ATHERTON COURT) <br />REV: 02-06-1815 <br />Page 31 of 41 <br />