-DO NOT RECORD
The following is a cöpy of the provisions and agreements of subdivislons A and B. of he fictitious Deed of Trus various countles in callfornia, as stated in the foregoing Deed of Trust and Incorporated by reference in sald Deed of Trust as belno a part thereof as if set forth at lenath thereln A. To protect the security of this Deed of Trust, Trustor agrees:
Situzted on the above described property beetles and any other destructive Insects or clements; (Provamona to Be made herons no te commit or barmil Wile increal not le commit, Sutr or permit any can a prote violin i to co pay when due all claims for labor performed and materials furnished therefor: to comply meet no excluding ger and do all other acts which from the character or use of said property may be reasonably necessary, the specific enumerations herein not excluding
To provide, maintain and dellver to Beneficiary fire Insurance satisfactory and with loss payable to Beneficiary. The amount collected under any fire or of Bane-
Such application or release shall not cure or waive any default or aotice of default hermonder or invalidate any act done pursuant to such notice.
3. Including cost of evidence of titie and attorney's fees in a reasonable sum, In any such action or proceeding in which appear, or in any action or proceeding instituted by Beneficiary or Trustee to protect or enforce the security of this Deed of Trust or the obligations secured hereby.
To pay: at least ten days before delinquency all taxes and assessments affecting Including assessments on appurtenant water stock; when of this Trust all encumbrances, charges and ilens, with interest, on said property or any part thereo, which sprear to be price of superior here costs, es and expenses to such extent as either may Trustee being authorized to enter upon said property for such purposes:
appear in and defend any action nececeeding purporting to affect the security hereof or the rights or powers of Benefietary or Trustee: pay, burchase, contest of compromise any encumbrance, charge in the judgment of elther appears to be prior or superior hereto; and, in exercising any such powers, pay neces To pay Immediately and without demand all sums so expended by Beneficiary or Trustee, with interest from date of expenditure at seven per cent per annum.
B. It is mutually agreed that:
1. be pald to Beneficiary part thereof is hereby assigned and shal disposition of
proceeds of fire or other Insurance
By accepting payment of any sum secured hereby after Its due dato, Beneficiary does not waive his right elther to require prompt payment when due o il other surns so secured or to declare default for falture so to pay
3. At any time or from time to time, with out lability therefor and without notice upon written request of Beneficlary and presentation of this Deed and said nota of any person the indebtedness secured hereby. sement thereon; or join in any extension agreement or any agreement said pr defend any action or proceeding purporting to affect brec Trustee.
ala. and upon surrender of this Deed and sald note to Trustee for cancellation the property then held hereunder. The recitals In such recon veyance of be described as "the person or persons
legally entitled and this De
time to time and tony detainey during the continuance of these Trusts, from e right. prior to Trustor in payment of any indebted
issues and profits as they become due and payable. Upon any such
or by. agent, or by a receiv to be appointed by ourt, and witi take possession said proberty: ny part thereol, in his ow npaid, and apply tha same, less costs and expenses o operation and collect such order
cation there Be arrest salere way deal determine. The entering upon and taking
written notice of default and of
Trustee Shall be entitled to rely upon the correctness of such expenditures securea
said Notice of Default and Notice of Sale having been given as ther required se fixed by it In suld Notice of Sale, elther as a whole or in separate et the red States payable me of are Trust may postpone
Trustee may postpone
and from time thereafter may postpone such sale
any to such purchaser Its Deed conveying the property so sold, but with person, or facts shall be conclusive proof of the truthfulness thereof. Any sale.
proceeds cost of evidence of title in connection with sale, Trustee shall apply the secured heret paid, with accrued Interest at seven per cent per annum; all other sums then party, exclusive of posting. a foe.
hereby agree hereby at the following rates: $1000.00 or part thereof -2/3% with a minir
1%: upon •: on the next $50.000.00 2/3 of 1%; and on all above $100,000.00 1/3 of with a minim ling upon services performod. (b) For partial or full reconveyance, a reasonable fee,
8. then record owner. together with Beneficlary, may from time to time by instrument in vriting.
in the Office o ein or acting hereunder vhlch instrument, executed and acknowledged by each and recorded operty is situated. shall be conclusive proof of proper substitution of such successor Trustee or Trustees. conveyance from the Trustee predecessor, succeed to all title estate rightspowers and duties Said Instrument must contal the name of the orleinal nat trustor. Trustoe and Beneficlary hereunder. the book and the name and address of the new Trustes. If Notice of Default shall have been recorded, this power of substitution cannot be exercised until after the costs, fees and expenses of the then acting Trustee shalt have been paid to such Trustee, who shall endorse receipt such Instrument of substitution. The procedure herein provided for substitution of Trustees shall be exclusive of all other provisions for substitution,
9. This
The term Beneficiary shall mean the owner and holder, Very Bal man in winer and order including pledge, or to to acred lee nevise not names Benetic ceo tri Band whenever the context so requires, the masculine gender includes the feminine and/or neuter, and the singular number Includes the plural.
10. Trustee accepts this Trust when this Deed,
any party hereto of pending sale under any other Deed of Trust or of any action or proceeding in which Trustor, brought by Trustee.
REQUEST FOR FULL RECONVEYANCE
To be used only when note has been paid
To: COMMONWEALTH LAND TITLE COMPANY Dated
19 A CALIFORNIA CORPORATION
pald and satisfled; and you are hereby requested and directed. of any sums owing to you under the terms of said Deed of vidences of indebtedness, secured by sald Deed of Trust, delivered to you herowith together with the said Deed of Trust, and to reconvey, without warranty, to he parties designated by the terms of said Deed of Trust, the estate now held by you under the same MAIL RECONVEYANCE TO:
James A. Light, Mayor
Do not lose or destroy this Deed of Trust OR THE NOTE which It secures. Both must be deilvered to the Trustee for cancellation before reconveyance wlll be made Eleanor Manzano, City Clerk