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GUEST HOUSE LP (2)-2016
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GUEST HOUSE LP (2)-2016
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Last modified
5/2/2017 1:19:42 PM
Creation date
5/2/2017 10:25:26 AM
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Contracts
Company Name
GUEST HOUSE LP
Contract #
A-2016-155
Agency
Community Development
Council Approval Date
6/21/2016
Notes
A-2016-369
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EXHIBIT E <br />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-26) <br />Santa Ana, California 92702 <br />Attn: Housing Manager <br />CITY DEED OF TRUST <br />AND ASSIGNMENT OF RENTS <br />(2151 E. First Street, Santa Ana, CA) <br />THIS CITY DEED OF TRUST AND ASSIGNMENT OF RENTS (the "City Deed <br />of Trust") made this day of July, 2016, by Guest House LP, a California limited <br />partnership (the "Trustor"), AmeriNational Community Services, a California corporation <br />(the "Trustee"), and the City of Santa Ana, a charter city and municipal corporation (the <br />'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 2151 E. First Street, Santa Ana, <br />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; <br />TOGETHER with the right, power and authority during the continuance of these <br />Trusts, to collect the rents, issues, and profits of the Property, reserving unto the Trustor the <br />right, prior to any default by Trustor in payment of the indebtedness secured by this City <br />Deed of Trust or in the performance of any agreement under this City Deed of Trust, to <br />collect and retain these rents, issues and profits as they become due and payable; and, <br />TOGETHER with all articles of personal property or fixtures now or hereafter <br />attached to or used in and about the building or buildings now erected, or hereafter to be <br />erected, on the Property which are necessary to the complete and comfortable use and <br />
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