RecDoc 2013-065145 - Laserfiche WebLink

Browse Search

2013-065145 11:38 am 04130/13 DT AS Fee:54.00 RECORDING REQUESTED BY: Count of Pages 9 CITY OF REDWOOD CITY Recorded in Official Records County of San Mateo Mark Church Assessor-County Clerk-Recorder When Recorded Mail To: II I I �II II II II I I I I 'I I I I I I ,I I I I II CITY OF REDWOOD CITY ii I CDD-Planning and Housing * R 0 0 0 1 6 4 9 9 4 9 * Attn: Rhonda Coffman 1017 Middlefield Road Redwood City, Ca 94063 APN: 059-034-280 SPACE ABOVE THIS LINE FOR RECORDER'S USE � . SHORT FORM DEED OF TRUST AND ASSIGNMENT OF RENTS � � THIS DEED OF TRUST, made this 25th _of April ,2013 between KAINOS � HOME/TRAINING CENTER, A CALIFORNIA NON-PROFIT CORPORATION, herein called TRUSTOR, whose address is 3631 Jefferson Avenue, Redwood City, CA 94062, FIRST AMERICAN TITLE COMPANY, A CALIFORNIA CORPORATION, herein called TRUSTEE, and CITY OF REDWOOD CITY, A MUNICIPAL CORPORATION, herein called BENEFICIARY, WITNESSETH: That Trustor IRREVOCABLY GRANTS, TRANSFERS AND ASSIGNS to TRUSTEE IN TRUST, WITH POWER OF SALE, that property in San Mateo County, California, described as: SHORT FORM DEED OF TRUST EXHIBIT "A" TOGETHER WITH the rents, issues and profits thereof, SUBJECT, HOWEVER, to the right, power and authority given to and conferred upon Beneficiary by paragraph (10) of the provisions incorporated herein by reference to collect and apply such rents, issues and prof its. For the Purpose of Securing: 1. Performance of all of the terms of this Agreement with Kainos Home & Training Center, A California Non-Profit Corporation, for funding to acquire 1033 Redwood Avenue and each agreement of Trustor incorporated by reference or contained herein. 2. Payment of the indebtedness evidenced by one promissory note of even date herewith, and any extension or renewal thereof, in the principal sum of $450,000.00 executed by Trustor in favor of Beneficiary or order. 3. Payment of such INITIALS � FD-21 B (Rev. 4/94) SHORT FORM DEED OF TRUST Page No. 1 of 6