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NORTH BROADWAY HOUSING PARTNERS LP (3)
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NORTH BROADWAY HOUSING PARTNERS LP (3)
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Last modified
4/18/2023 1:34:16 PM
Creation date
4/18/2023 1:33:27 PM
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Contracts
Company Name
NORTH BROADWAY HOUSING PARTNERS LP
Contract #
A-2023-0311-01
Agency
Community Development
Council Approval Date
3/7/2023
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qCommonwealth Land Title Company <br />FREE RECORDING REQUESTED PURSUANT <br />TO GOVERNMENT CODE SECTION 27383 <br />When Recorded Mail to: <br />City of Santa Ana <br />Clerk of the Council <br />20 Civic Center Plaza (M-30) <br />P.O. Box 1988 <br />Santa Ana, California 92702 <br />Attention: Clerk of the Council <br />o919L48a-eD <br />Recorded in Official Records, Orange County <br />Hugh Nguyen, Clerk -Recorder <br />I111111IIIIII11lJill 11111liEM111IIIIIIllll1III NO FEE <br />+ $ R 0 0 1 4 2 6 3 7 3 7$ <br />20230000661841:37 pm 03123123 <br />90 CR-SC06 D11 A36 43 <br />0.00 0.00 0.00 0.00 126.00 0.00 0.000.000.00 0.00 <br />II SURANCE NOT REQUIRED CITY HOME -ARP DEED OF TRUST A'ZOZ5-o31—oI <br />AND ASSIGNMENT OF LEASES AND RENTS <br />WORK MAY PROCEEIR411 North Broadway, Santa Ana, California (APN 398-523-04) <br />CLERK OF THE COUNCIL <br />THIS DEED OF TRUST AND ASSIGNMENT OF RENTS ("Deed of Trust") is made as of this <br />DATE: 23rd day of March, 2023, by North Broadway Housing Partners LP, a California limited <br />9e, partnership ("Trustor) and WISEPIace, a California nonprofit public benefit corporation <br />N("Obligor"; collectively, Trustor and Obligor are referred to as "Grantor"), , to Commonwealth <br />00 Land Title Company, a California corporation, as trustee ("Trustee'), for the benefit of the City <br />.--t of Santa Ana, a charter city and municipal corporation, as beneficiary (`Beneficiary"). <br />a FOR GOOD AND VALUABLE CONSIDERATION, including the indebtedness herein <br />d recited and the trust herein created, the receipt of which is hereby acknowledged, Grantor hereby <br />C. irrevocably grants, transfers, conveys and assigns to Trustee, IN TRUST, WITH POWER OF <br />6Kl4 <br />(640" SALE AND RIGHT OF ENTRY AND POSSESSION, for the benefit and security of <br />Beneficiary, under and subject to the terms and conditions hereinafter set forth, all of Grantor's <br />estate, right, title and interest that Grantor now has or may later acquire in and to the real <br />property located in the City of Santa Ana, State of California, that is described in Exhiw A <br />attached hereto and incorporated herein by this reference (the "Property"), on which Trustor <br />intends to construct and operate an apartment complex commonly known as WISEPIace <br />Permanent Supportive Housing. <br />TOGETHER WITH all interest, estates, leaseholds, or other claims, both in law and in <br />equity which Grantor now Jhas or may hereafter acquire in the Property and the leases and rents; <br />TOGETHER WITH all easements, rights -of -way and rights used in connection therewith <br />or as a means of access thereto, including without limiting the generality of the foregoing, all <br />tenements, hereditament and appurtenances thereof and thereto; <br />TOGETHER WITH any and all buildings, improvements and landscaping of every kind <br />and description now or hereafter erected thereon, and all property of the Trustor now or hereafter <br />affixed to or placed upon the Property (sometimes collectively referred to as the <br />"Improvements"); <br />WISEPIace Permanent Supportive Housing <br />City HOME -ARP Deed of Trust <br />
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