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Agmt10 Kainos Home & Training Center
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Agmt10 Kainos Home & Training Center
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Last modified
10/7/2010 10:05:19 AM
Creation date
10/7/2010 9:58:03 AM
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Template:
Agreement
Contractor Name
Kainos Home & Training Center
PROJECT NAME
Agreement with Kainos Home & Training Center for funding to acquire property at 1122 Valota Road (Pete's Place)
RMP File Number
304
Date
9/20/2010
MO Ref
10-153
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1 <br /> EXHIBIT F <br /> FORM OF DEED OF TRUST <br /> The Deed of Trust shall be a standard title company deed of trust with a rider in the form set forth <br /> below. <br /> RIDER TO DEED OF TRUST <br /> This Rider to Deed of Trust is executed by KAINOS HOME & TRAINING CENTER, a <br /> California non - profit public benefit corporation ( "Trustor "), for the benefit of the CITY OF <br /> REDWOOD CITY ( "Beneficiary "). <br /> 1. This Deed of Trust also secures the obligations of the Trustor under that certain <br /> Agreement for Funding to Acquire the Property, dated 6e r. 20,24910 ( "Funding <br /> Agreement "), and that certain Declaration of Affordability Covenants dated 6 23,'10 and <br /> recorded on as Document No. in the Official Reco d s of San Mateo <br /> County, California ( "Declaration "), against the property encumbered by this Deed of Trust. A <br /> default under the Funding Agreement or Declaration shall be considered a default under this <br /> Deed of Trust. <br /> 2. This Deed of Trust secures a Shared Appreciation Note. <br /> Trustor <br /> Exhibit F <br />
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