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815 N. HARBOR, L.P. (HOME INVESTMENT PARTNERSHIP PROGRAM FUNDS) 2-2015
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815 N. HARBOR, L.P. (HOME INVESTMENT PARTNERSHIP PROGRAM FUNDS) 2-2015
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Last modified
8/24/2015 11:03:28 AM
Creation date
8/19/2015 2:54:59 PM
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Contracts
Company Name
815 N. HARBOR, L.P. (HOME INVESTMENT PARTNERSHIP PROGRAM FUNDS)
Contract #
A-2015-029
Agency
COMMUNITY DEVELOPMENT
Council Approval Date
2/17/2015
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FREE RECORDING REQUESTED PURSUANT <br />TO GOVERNMENT CODE SECTION 27383 <br />When Recorded Mail to: <br />Community Development Agency <br />City of Santa Ana <br />20 Civic Center Plaza <br />P.O. Box 1988 (M -37) <br />Santa Ana, California 92702 <br />Attn: Housing Manager <br />CITY HOME DEED OF TRUST <br />AND ASSIGNMENT OF RENTS <br />THIS CITY HOME DEED OF TRUST AND ASSIGNMENT OF RENTS (the <br />"Deed of Trust ") made this 26th day of June, 2015, by between 815 Harbor, LP , a <br />California limited partnership comprised of OHDC 815 N Harbor, LLC, ( "OHDC "), a <br />California Limited Liability Company, and C &C 815 N Harbor, LLC, a California <br />Limited Liability Company (together the "Trustor "), ArneriNational Community Services, <br />a California corporation (the "Trustee "), and the City of Santa Ana, a charter city and <br />municipal corporation (the "Beneficiary "). <br />Trustor, in consideration of the promises herein recited and the trust herein created, <br />irrevocably grants, transfers, conveys and assigns to Trustee, in trust, with power of sale, the <br />property located in the City of Santa Ana, County of Orange, State of California, described <br />in the attached Exhibit A and more commonly known as 815 N. Harbor Boulevard, Santa <br />Ana, California (the "Property "); <br />TOGETHER with all the improvements now or hereafter erected on the Property, <br />and all easements, rights, appurtenances and all fixtures now or hereafter attached to the <br />Property, all of which, including replacements and additions thereto, shall be deemed to be <br />and remain a part of the Property covered by this City Deed of Trust; provided that so long <br />as Trustor is not in default hereunder, it shall be permitted to control the Property in <br />accordance with the requirements of that certain HOME Loan Agreement entered into <br />between the Trustor and the Beneficiary, dated concurrently herewith and the <br />Affordability Restrictions on Transfer of Property ( "Loan Agreements "), dated <br />concurrently herewith, which Loan Agreements are all on file with the Beneficiary as a <br />public record; <br />
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