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RECORDING REQUESTED BY <br />ND <br />City of Santa Ana <br />20 Civic Center Plaza <br />Santa Ana, California 92701 <br />Attention: City Clerk <br />To be recorded without fee. (Space Above This Line For Recorder's Use Only) <br />(Government Code, §§ 6103 and 27383) <br />DEED OF TRUST AND SECURITY AGREEMENT <br />APN: [to be insertedl <br />There are restrictions on the sale of the Property encumbered by this <br />City Deed of Trust, as contained in that certain Inclusionary Housing <br />Covenants, Resale Restrictions and City's Option to Purchase <br />Agreement ( "Inclusionary Housing Covenants Declaration "). Except for <br />a Transfer to the City of Santa Ana ( "City ") or City's assignee following <br />the City's exercise of the City' Purchase Option, this Property may only <br />be sold to an Eligible Purchaser at a price not to exceed the defined <br />Affordable Sales Price. The Inclusionary Housing Covenants <br />Declaration also restricts the extent to which this Property may be <br />encumbered by junior financing and limits the Trustor's rights to <br />refinance Senior Loans. <br />THIS DEED OF TRUST AND SECURITY AGREEMENT ( "City Deed of Trust ") is <br />made this day of , 20__, among finsertname of <br />Trustor ( "Trustor "), whose address is (insert address of Trustorl, !insert <br />name of title companvl ( "Trustee "), whose address is fnnsert address of title <br />companvl, and the City of Santa Ana (referred to variously as "City" or <br />"Beneficiary"), whose address is 20 Civic Center Plaza, California 92701 as <br />Beneficiary. <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 <br />interest now owned or hereafter acquired in and to the real property in the City of <br />Inclusionary Housing Covenants Declaration Page 1 <br />Assumption Agreement January 2015 <br />