Laserfiche WebLink
� ATTACHMENT 3 <br /> FORM OF DEED OF TRUST <br /> RECORDING REQUESTED BY ) <br /> AND WHEN RECORDED MAIL TO: ) <br /> ) <br /> City of Redwood City ) <br /> 1017 Middlefield Road ) <br /> Box 391 ) <br /> Redwood City, California 94064 ) <br /> Attn: ) <br /> (Space Above Provided For Recorder) Exempt from Recording Fees under Govt. Code Section 27383 <br /> DEED OF TRUST AND SECURITY AGREEMENT <br /> APN: �to be insertedl <br /> THIS DEED OF TRUST AND SECURITY AGREEMENT ("Deed of Trust") is <br /> made this day of , 20_, among insert <br /> name of homeownerl ("Trustor"), whose address is linsert address of homeownerl, <br /> linsert name of title companvl ("Trustee"), whose address is linsert address of title <br /> com an , and the City of Redwood City ("Beneficiary"), whose address is City of <br /> Redwood City, 1017 Middlefield Road, Box 391, Redwood City, CA 94064. <br /> Trustor irrevocably grants, conveys, transfers and assigns to Trustee in trust, with <br /> power of sale and right of entry and possession, all of Trustor's right, title and interest <br /> now owned or hereafter acquired in and to the real property in San Mateo County, <br /> California, described on Exhibit A attached hereto and incorporated herein by this <br /> reference, together with all buildings, structures and improvements now existing or <br /> hereafter constructed thereon (the "Improvements") and all other property and interests <br /> of any kind or character which may be reasonably necessary or desirable to promote <br /> the present and future beneficial use and enjoyment of such real property and <br /> improvements (the "Property"). <br /> 1. Secured Obligations. Trustor makes the grant, conveyance, transfer and <br /> assignment herein for the purpose of securing Trustor's obligations under that certain <br /> Resale Restriction Agreement and Option to Purchase between Trustor and Beneficiary <br /> dated linsert dafe of A_qreementl(the "Secured Obligations"). <br /> 2. Maintenance and Repair. Trustor shall (a) keep the Property in good <br /> condition and repair and not remove or demolish any building; (b) complete or restore <br /> promptly and in good and workmanlike manner any building which may be constructed, <br /> damaged or destroyed; (c) pay when due all claims for labor perFormed and materials <br /> Page 24 of 31 <br />