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Old R~lC City of R~ City 1017 ~d~efietd R~d R~ City, ~ 94063 Deed of T ust and Assignment of Rents This Deed of Trusg made this 14th day of A~t, 2003 , bctw~n Stanly Yamamoto and Yuri Yamamoto, husband and wife, as community property with right of survivorship , herein called TRUSTOR, whose address is 2690 Kring Drive, San Jose, CA 95125 , (number and street) (city) (state) (zip) OLD REPUBLIC TITLE COMPANY, a California corporation, herein called TRUSTEE, and City of Redwood City , herein called BENEFICIARY, Witnesseth: That Trustor IRREVOCABLY GRANTS, TRANSFERS AND ASSIGNS to TRUSTEE IN TRUST, WITH POWER OF SALE, that property in the City of San Jose, Santa clara County, California, described as: * * * See "Exhibit A" attached hereto and made a part hereof. * * * In the event the herein described property or any part thereof, or any interest therein is sold, agreed to be sold, conveyed or alienated by the Trustor, or by the operation of law or otherwise, all obligations secured by this instrument, irrespective of the maturity dates expressed therein, at the option of the holder hereof and witbout demand or notice shah immediately become due and payable. TogetheNVith the rents, issues and profits thereof, SUBJECT, HOWEVER, to the right, power and authority hereinafter given to and conferred upon Beneficiary to collect and apply such rents, issues and profits. For the Purpose of Securing: 1. Performance of each agreement of Trustor herein contained. 2. Payment of the indebtedness evidenced by one promissory note of even date herewith, and any exlension or renewal thereof, in the principal sum of $ 250 r 000.00 executed by Trastor in favor of Beneficiary or order. 3. Payment of such further sums as the then record owner of said property hereafter may borrow from Beneficiary, ~hen evidenced by another note (or notes) reciting it is so secured. To Protect the Security of This Deed of Trust, Trusfor Agrees: (1) To keep said property in good condition and repair; not to remove or demolish any building thereon; to complete or restore promptly and in good and workmanlike manner any building which may be constructed, damaged or destroyed thereon and to pay when due all claims for labor performed and matetSals furnished therefor; to comply with all laws affecting said property or requiring any alterations or iruprovements to he made thereon; not to commit or permit waste thereof; not to commit, suffer or permit any act upon said property in violation of law; to cultivate, irrigate, fertilize, fumigate, prune and do all other acts which from the character or use of said property may he reasonably necessary, the specific enumerations herein not excluding the general.