Laserfiche WebLink
6.1.K. - Page 28 <br /> ATTACHMENT 3 <br /> FORM OF DEED OF TRUST <br /> RECORDING REQUESTED BY ) <br /> AND WHEN RECORDED MAIL TO: ) <br /> ) <br /> City of Redwaod City ) <br /> 1017 Middlefiefd Road ) <br /> Box 391 ) <br /> Redwood City, California 94d64 ) <br /> Attn: ) <br /> (Space Abfl�e Pro�ided For Recorder} Exempt from Recording Fees under Go�t. Code Section 27383 <br /> DEED OF TRUST AND SECURITY AGREEMENT <br /> APN: jto be inserfedl <br /> 7HIS DEED QF TRUST AND SECURITY AGREEMENT ("Deed of Trust") is <br /> rnade this day of , 20_, among insert <br /> name of homeownerl {"Trustor"), whase address is jrnsert address of homeownerl, <br /> �insert name of tifle comaany_j {"Trustee"), whose address is �nsert address of title <br /> companyl, and the City of Redwood City ("BeneficEary"), whose address is City of <br /> Redwood C�ty, 1017 Middlefeid Road, Box 391, Redwood City, CA 94064. <br /> Trustor irrevocably grants, conveys, transfers and assigns ta Trustee in trust, with <br /> power of sale and right of entry and possession, alf af Trustor's right, title and interest <br /> now owned ar hereafter acquired in and to the real property in San Mateo Cnuniy, <br /> Cafifornia, described an Exhibit A at�ached hereto and ir�corporated herein by this <br /> reference, �ogether with all buildings, structures and improvements now existing or <br /> hereafter constructed thereoR (the "Improvements") and alI other property and interests <br /> of any kind or cf�aracter which may be reasonably necessary ar desirable to promote <br /> the present and future beneficial use and enjoyment of such real praperty and <br /> impro�ements (the "Property"}. <br /> 1. S�cured Obligations. Trustor makes the grant, conveyance, transfer ancf <br /> assignment F�erein for the purpose of securing Trustor's obligations under that certain <br /> Resale Restriction Agreement and Qption tQ PurcF�ase between Trustor artd Beneficiary <br /> dated insert dafe of A reemen# (the "Secured Obligatians"). <br /> 2. Maintenance and Repair. Trustor shall {a) keep the Property in good <br /> candition and repair and not remo�e or demofish any building; {b) camplete or res#ore <br /> pramptly and in good and workmanli€ce manner any building which may be constructed, <br /> damagec� or destroyed; {c) pay when due all claims for lal�or performed and materials <br /> Page 24 of 31 <br />