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�fPZZ <br />RECORDING REQUESTED BY <br />Redevelopment Agency of the <br />City of Redwood City <br />WHEN RECORDED MAIL TO: <br />Redevelopment Agency <br />P.O. Box 391 <br />Redwood City, CA 94064 <br />Attn: Agency Director <br />Title Order No. Escrow No. <br />SPACE ABOVE THIS LINE FOR RECORDER'S USE <br />DEED OF TRUST <br />WITH POWER OF SALE <br />STATE OF CALIFORNIA <br />Loan Number: <br />FHA CASE NO.: <br />This DEED OF TRUST ( "Security Instrument ") is made on March , 2003. The trustor is: <br />MP Redwood City Court Associates, a California Limited Partnership ( "Borrower"). <br />The trustee is: Fidelity National Title Insurance Company ( "Trustee "). <br />The beneficiary is: The Redevelopment Agency of the City of Redwood City, which is organized <br />and existing under the laws of THE STATE OF CALIFORNIA and whose address is 1017 <br />Middlefield Road, Redwood City, California 94063 ( "Lender "). <br />Borrower owes Lender the principal sum of Dollars (U.S. Five Hundred Thousand and NO /100 <br />($500,000.00). <br />This debt is evidenced by Borrower's note dated the same date as this Security Instrument <br />( "Note "), with the full debt, if not paid earlier, due and payable (1) thirty (30) years from date of <br />recordation of this instrument or (2) when the eligible use specified in the Agreement (as <br />described below) is no longer provided, whichever comes first. This Security Instrument <br />secures to Lender: (a) the repayment of the debt evidenced by the Note, and all renewals, <br />extensions and modifications; the payment of all other sums, with interest, advanced under <br />paragraph 6 to protect the security of this Security Instrument; and (c) the performance of <br />Borrower's covenants and agreements under this Security Instrument, the agreement entitled, <br />"Agreement with MP Redwood Court Associates for Funding to Rehabilitate Redwood Court <br />Apartments, 622 Chestnut Street and 635 Spruce Street, Redwood City, California (the <br />"Agreement ") and the Note. For this purpose, Borrower irrevocably grants and conveys to <br />Trustee, in trust, with power of sale, the following described property located in San Mateo <br />County, California, which has the address of 622 Chestnut Street and 635 Spruce Street, <br />Redwood City, California. <br />3/3/2003 <br />