RecDoc2022-068558 612 Jefferson ave #304

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RECORDING REQUESTED BY AND WHEN RECORDED MAIL. TO: City of Redwood City 1017 Middlefield Road Redwood City, CA 94063 Attention; City Clerk EXEMPT FROM RECORDING FEES PER GOVERNMENT CODE §6103, 27383 Escrow No. 227664907 Property Address: 612 Jefferson Ave., Unit No. 304 APN: 052-347-080 PERFORMANCE DEED OF TRUST, ASS14GNMENT OF RENTS AND SECURITY AGREEMENT THIS PERFORMANCE DEED Or TRUST,ASSIGNMENT OF RENTS ,AND SECURITY AGREEMENT ("Deed of Trust") is made as of z-� by Rodolfo Anaya Sanchez and Perla Elizabeth Ramos de Sanchez ("Trustor") to Old Republic Title Company ("Trustee") as Trustee, for the benefit of the City of Redwood City, a charter city and municipal corporation (the "City") as Beneficiary. The Trustor, in consideration of the indebtedness and promises herein recited, and the trust herein created, irrevocably and unconditionally grants, transfers, conveys and assigns to Trustee, in trust for the benefit of City, with power of sale and right of entry and possession, all ofTrustor' s right, title and interest now held or hereafter acquired in and to the property .located in the City of Redwood City, County of San Mateo, State of California, described in the attached Exhibit A and more commonly known as: 612 Jefferson Avenue, Unit 304, Redwood City, California (the "Property"); TOGETHER with the rents, issues, and profits of such Property, subject: however, to the right, power, and authority granted and conferred on City in this Deed ofTrust to collect and apply the rents, issues, and profits; and TOGETHER with all the improvements now or hereafter erected on the Property, and all casements, rights of way, and appurtenances thereto, and all fixtures now or hereafter attached to the Property, all of which, including replacements and additions thereto, shall be deemed to be and remain a part of the Property covered by this Deed of Trust; All of the foregoing, together with the Property, is herein collectively referred to as the "Security." TO HAVE AND TO HOLD the Security, together with acquittances, to the Trustee, its successors and assigns forever; REV: 08-10-22 5K ATTY/AGR.2022,246/Habitat 612 Jefferson 304 (05. City Housing Grant-- Deed of Trust 304) (Page 1 of 15)