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RecDoc2022-067650 612 Jefferson Ave. #402
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RecDoc2022-067650 612 Jefferson Ave. #402
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Last modified
10/26/2022 2:47:53 PM
Creation date
10/26/2022 2:47:33 PM
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Recorded Docs
Recorded Docs - Type
Deed
Subject
612 Jefferson Ave. #402- Juan C. Sanchez
Doc Num
2022-067650
Rec Date
9/16/2022
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Recording Requested By <br />and when recorded mail to: <br />The City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />Attn: City Clerk <br />EXEMPT FROM RECORDING FEES PER <br />GOVERNMENT CODE §§6103,27383 <br />_ SPACE ABOVE THIS LINE FOR RECORDER'S USE <br />DEED OF TRUST WITH ASSIGNMENT OF RENTS AS ADDITIONAL SECURITY <br />This DEED OF TRUST, made this Jo 4tay of_'keV"'r , 2022, Juan C. Sanchez, <br />herein called TRUSTOR, whose address is: 612 Jefferson Ave., #402, Redwood City, CA 94063, Old <br />Republic Title Company, herein called TRUSTEE, and the City of Redwood City, herein called <br />BENEFICIARY <br />Trustor irrevocably grants, transfers and assigns to Trustee in Trust, with Power of Sale that property (the <br />"Property") in the City of Redwood City, San Mateo County, California as more particularly described in <br />Exhibit A attached hereto. <br />Together with the rents, issues and profits thereof, subject, however, to the right, power and authority <br />hereinafter given to and conferred upon Beneficiary to collect and apply such rents, issues and profits. <br />For the Purpose of Securing: (1) payment of the sum of One Hundred Fifty Thousand Dollars ($150,000) <br />with interest thereon according to the terms of a promissory note or notes of even date herewith made by <br />Trustor, payable to order of Beneficiary, and extensions or renewals thereof; (2) payment of additional sums <br />and interest thereon which may hereafter be loaned to Trustor, or his or her successors or assigns, when <br />evidenced by a promissory note or notes reciting that they are secured by this Deed of Trust; and (3) <br />payment of Excess Sales Proceeds as required pursuant to the Grant of Option to Repurchase and Resale <br />Restriction Agreement entered into by and among the Trustor, Beneficiary and Habitat for Humanity Greater <br />San Francisco, Inc.; and (4) performance of every obligation, covenant or agreement of Trustor contained <br />herein and in any other document executed by Trustor to evidence the purchase of and restrictions upon <br />the Home, including, but not limited to, the Grant of Option to Repurchase and Resale Restriction <br />Agreement. <br />To Protect the Security of This Deed of Trust, Trustor Agrees: By the execution and delivery of this <br />DEED OF TRUST and the Note secured hereby, that provisions (1) to (14), inclusive, of the fictitious deed <br />of trust recorded on 10 /23 /1961 Vol 4078, Page 420 of Official Records in the Office of the County <br />Recorder of the County of San Mateo, State of California, (which provisions are printed on the reverse <br />hereof) hereby are adopted and incorporated herein and made an part hereof as fully as though set forth <br />herein at length; that Trustor will observe and perform said provisions; and that the references to property, <br />obligations, and parties in said provisions shall be construed to refer to the property, obligations, and parties <br />set forth in this Deed of Trust. See Exhibit "B" Attached Hereto <br />The undersigned TRUSTOR requests that a copy of any Notice of Default or any Notice of Sale hereunder <br />be mailed to TRUSTOR at address hereinabove set forth and acknowledges receipt of a copy of provisions <br />1 thru 14 of the fictitious DEED OF TRUST hereinabove referred to. <br />r <br />Dated:2- <br />JU n Sanchez <br />REV: 08-17-22 SK <br />ATTY/AGR.2022.288/Habitat 612 Jefferson 402 (08—HOME - Deed of Trust (Buyer) HGSF 402) (Page 1 of 9) <br />
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