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80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT J
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80A - TRANSIT CODE AND STATION DISTRICT - EXHIBIT J
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1/3/2012 4:05:19 PM
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6/10/2010 1:10:58 PM
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City Clerk
Doc Type
Agenda Packet
Item #
80A
Date
6/7/2010
Destruction Year
2015
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such notices b~ delive~~in or rna~lin to the othei• pal`ttes her`eta, as afal`esaid, a notice of s~~c~~ <br /> change, <br /> Section S,~ Acce tance b Tr~~stee. Tr~~stee accepts this Trr~st when this Deed of <br /> Trust, duly executed slid acknowledged, is made a public 1`coi`d as provided ~y law, <br /> ectio~~ 5,~ Ca tiaras, Tlie captions a~~ l~eadil~gs at tl~e begiririing each <br /> ectiola hereof are foi~ the corl~eriierice of tl~e par`t~es and ar;e ~~at a part of tlli~ Deed of Tr`~~~t, <br /> Section 5,7 ~n~alidit of Certain ~'r+a~lsrolis, E~el`y pra~isian of this Deed of Tr`~~st is <br /> iriterided to be se~eral~le, In tl~e event a~~y term or pra~isiori hereof is declared to be illegal or <br /> ln~~alid foi~ any 1`easan wliatsaever by a coi~r•t of cainpetelit ~urisdictiari, such 111egalit ar <br /> , , <br /> ln~al~dlty shall not affect the balance of tine ~e~"tn~ at~d pr~~~siol~s l~ez•eof, ~~~hicla t~•rns ar~d <br /> pr`a~isiolis shall remain binding grid enforceable. ~ tl~e Iieli of this Deed of Tr~lt is it~~alid al` <br /> unenforceable as to a~iy part ofthe debt, o~~ ifthe lien is ili~alid ar unez~forceable a to ali~ pa~'t of <br /> the ec~~r4ity, the ul~secured ar partially secured portion of the debt, acid aII paymex~ts ~riade on tl~e <br /> debt, whether ~oluritar`y or under; foreclos~~r`e or atlier e~~forcelnent action or praced~~~`e, shall be <br /> considered to have beef first pall on a~~d applied to the fr1I1 payment of that portion of the debt <br /> ~~lilcli is plot secured Di' pai`tialiy secured by the lierx of this Deed of <br /> Tr`~~st. <br /> Sectia~i 5, a Mer ex•. ~f title to the propet'ty sliali became jested iri tl~e Beneficia~~y, <br /> this Deed afTrr~st acid the lien created hereby shall Iiat be destr'ayed or ter'Ir~inated by applicatiari <br /> of the doctr`ilie cf merger and, iri s~#c~l evelit, Beneficiary shall continue to l~a~e acid e~~joy all of <br /> the r'iglits slid privileges of Beneficiary under this Deed of Trust. ~li additiari, rrpoli for'eclosur+e <br /> under' this Deed of T~`rrst p~~r`sua~~t to the pro~islans hereof, any leases or subleases then e~isti~lg <br /> a~Yd affecting all ar any por•ticn of the security shall riot be destroyed or tertrrinated by <br /> application of the Taw of Merger` ar a a mattex~ of law o~i as a result of s~~cl~ foreclos~rr`e unless <br /> Beneficiary or any purchaser at ariy sr~ch foreclosure shall sa elect ~o act b~ oi` O1~ behalf of <br /> Benef <br /> ~ciar,~ ar ali~r rrcli purcl~aseri shall co~~stitl~te a terrniriat~on af` alit' lease or sublease «~less <br /> Bel~eficlary o~~ such purcl~asel` shall gi~~e written notice of <br /> tern~intior~ to such tenant o~• <br /> subt~I~lit, <br /> Section 5 ~9 o~e~~l~in haw, This Deed of Tr~~st shall b over`lied by alid constl'~red <br /> in accar`dance with the laws ofthe State of alifar•riia, <br /> Section l ~ elider anti ~l~mber`, lt~ this Deed of <br /> Tr~rst the si~~gular shall i~iclrlde the <br /> pl~~ral acid the ~~ascullrie shall ilicl~zde the felnir~it~e and neuter` and rice ~er`sa, if the cot~te~t so <br /> I'eC~Ulr`e, <br /> Sectlot~ . ~ ~ ~orld~st€11'ba>~ce ~ Irel~t. IIl the e~erlt of at~y for'eclos~~r'e ~ tI]1S Deed <br /> of Trust or a tr`ai~sfer' rn i~eu of foreclosure, Beneficiar` ot4 other` tl`nsferee shall recd n~ze alid <br /> y g <br /> riot dist~~r`b the passessia~i, teria~~c~, leasehold estate and rights of all teliat~ts and occi~parits of the <br /> ~'I`operty ar al~y portion thereof, and shall honor` acid abide by all of the terliis, co~enarits and <br /> canditiot~s of each Tease far` tlae remalning balalice of the term ar' e~tensiari thereof ~~ritli tiae same <br /> farce and effect as if Beneficia~~y ar s~~cli other tt'arisfe~;ee ~~ere the ar•Iglnal lessor ~~nder tl~e Tease; <br /> provided, lio~~e~er`, that the tenant ~s not iri defalrlt ulider its lease at~d Bene~ciar{y or such atlier <br /> transferee shall I~ot be ~a~ liable far a~~y darna.ge, Iris ar eperise arisi~~g from and act or al~iissiala <br /> ATTA~ME~T 9- <br /> <br /> D C~~ 1~~Ob73~r13}~~~27~-000 <br /> <br />
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