HUNTER, C & B & ORGERON, F&B-2005

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A-2005-203 Order No. @ Escrow No. @ WHEN RECORDED MAIL TO: Clerk of the Council City of Santa Ana 20 Civic Center Plaza, M-30 Santa Ana, California 92701 SPACE ABOVE THIS LINE FOR RECORDER'S USE LONG FORM SECURITY LAND CONTRACT NOTE: THE PARTIES HERETO ARE CAUTIONED THAT, BY COMPLETING AND EXECUTING THIS AGREEMENT, LEGAL RIGHTS AND DUTIES ARE CREATED INCLUDING THE TRUSTEE'S NONJUDICIAL POWER OF SALE. THEY ARE ADVISED THAT THE VENDEE HAS NO REDEMPTION RIGHTS UNDER THIS AGREEMENT. THEY ARE FURTHER ADVISED TO SEEK INDEPENDENT LEGAL COUNSEL AS TO ALL MATTERS CONTAINED IN THIS DOCUMENT. THIS AGREEMENT, made and entered into this I Siiday of Ikl~u.s, ,2005, by and between Creighton D. Hunter and Betty A. Hunter, Trustees of the Creighton D. Hunter and Be A. Hunter Family Trust and Fred Orgeron and Brenda Orgeron, Trustees of the Orgeron Family Trust (hereinafter sometimes referred to as "Vendor"), whose address is 513 Calle del Rito, San Clemente, CA 92672, and the City of Santa Ana, a charter City and municipal corporation dully organized under the Constitution and laws of the State of California (hereinafter sometimes referred to as "Vendee"), whose address is 20 Civic Center Plaza, M-36, Post Office Box 1988, Santa Ana, CA 92702 and COMMONWEALTH LAND TITLE COMPANY, a California Corporation (hereinafter sometimes referred to as "Trustee"). In accordance with Section 2924b, Civil Code, request is hereby made by the undersigned Vendor and Vendee that a copy of any Notice of Default and a copy of any Notice of Sale under Deed of Trust recorded , in Book , Page , Official Records Orange County, California, as affecting the property, executed by between Creighton D. Hunter and Betty A. Hunter, Trustees of the Creighton D. Hunter and Betty A. Hunter Family Trust and Fred Orgeron and Brenda Orgeron, Trustees of the Orgeron Family Trust as Trustor in which City of Santa Ana, is named as Beneficiary, COMMONWEALTH LAND TITLE COMPANY, a California Corporation and as Trustee, be mailed to Vendor and Vendee at addresses designated in Paragraph 17 below. NOTICE: A copy of any notice of default and of any notice of sale will be sent only to the address contained in this recorded request. If your address changes, a new request must be recorded. The notice of any default described in Section 2924c, Civil Code, shall consist of the following statement: NOTICE You may have the right to cure the default described herein and reinstate this Installment Land Contract. Section 2924c of the Civil Code permits certain defaults to be cured upon the payment of the amounts required by that Section without requiring payment of that portion of principal and interest which would not be due had no default occurred. Where reinstatement is possible if the default is not cured within three months following the recording of this notice, the right of reinstatement will terminate and the property may be sold. MAIL TAX STATEMENTS TO: City of Santa Ana Public Works Agency Attn: Souri Amirani 20 Civic Center Plaza, M-36 Santa Ana, CA 92702 1