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Home My WebLink AboutDeeds & Easements-1-86 RDA_CCv0001.pdf Older No. Escrow or Loan No. RECORDING REQUESTED BY When Recorded Mail To: Redlands Railway & Dev , Co . P .O. Box 240 Redlands , CA 92373 ATTN : Philip M . Schott SPACE ABOVE THIS LINE FOR RECORDER'S USE CORPORATION DEED OF TRUST WITH ASSIGNMENT OF RENTS This DEED OF TRUST, made between REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS , a body corporate and politic of the State of California herein called TRUSTOR, whose addresh is 30 Cajon Street Redlands CA (Number and Street) tclty) (State) FIRST AMERICAN TITLE INSURANCE COMPANY, a California corporation, herein called TRUSTEE, and REDLANDS RAILWAY AND DEVELOPMENT COMPANY , a California general partnership WITNESSETH: That Trustor grants to Trustee in Trust, with Power of Sale, that property in the herein ca{led BENEFICIARY, City of Redlands County of San Bernardino State of California, described as: Parcel I of Parcel Map No . 9560 per Map recorded in Book 103 at Page 72 of Parcel Maps . Together with the rents, issues and profits thereof, subject, however, to the right, power and authority hereinafter given to and conferred upon Beneficiary to collect and apply such rents, issues and profits. For the Purpose of Securing (1) payment of the sum of E 19 2 , 10 7 , 00 with interest thereon according to the terms of a promissory note or notes of even date herewith made by Trustor, payable to order of Beneficiary, and extensions or renewals thereof, and (2) the performance of each agreement of Trustor incorporated by reference or contained herein (3) Payment of additional sums and interest thereon which may hereafter be loaned to Trustor. or his successors or assigns, when evidenced by a promissory note or notes reciting that they are secured by this Deed of Trust. To prefect the security of this Deed of Trust, and with respect to the property above described. Trustor expressly makes each and all of the agreements. and adopts and agrees to perform and be bound by each and all of the terms and provisions set forth in subds:on A, and .t is mutually agreed that each and all of the terms and provisions set forth in subdivision B of the fictitious deed of trust recorded in Change Covn^; A.;gust 17, 1964 and in all other counties August 18, 1964, in the book and at the page of official Records in the office of the county recorder of the county where said property is located. noted below opposite the name of such county, namely: COUNTY BOOK PAGE COUNTY BOOK PAGE COUNTY BOOK PAGE COUNTY BOOK PAGE Alameda 1288 SS6 Kings 858 713 Placer 1028 379 Sierra 38 187 Alpine 3 130.31 lake 437 110 Plumas 166 1307 Siskiyou 506 762 Amador 133 438 Lassen 192 367 Riverside 3778 347 Solana 1287 621 Butte 1330 513 los Angeles T3878 874 Sacramento 5039 124 Sonoma 2067 427 Calaveras 185 338 Madera 911 136 San Benito 300 405 Stanislaus 1970 56 Colusa 323 391 Marin 1849 122 San Bernardino 6213 768 Sutter 655 585 Contra Costa 4684 1 Mariposa 90 453 San Francisco A-804 596 Tehama 457 183 Del Norte 101 549 Mendocino 667 94 San Joaquin 2855 283 Trinity 108 595 EI Dorado 704 635 Merced 1660 753 San Luis Obispo 1311 137 Tulare 2530 108 Fresno 5052 623 Modoc 191 93 San Mateo 4778 175 Tuolumne 177 160 Glenn 469 76 Mono 69 302 Santa Barbara 2065 881 Ventura 2607 237 Humboldt 801 63 Monterey 357 239 Santa Clara 6626 664 Yolo 769 16 Imperial 1189 701 Naps 704 742 Santa Crux 1638 607 Yuba 398 693 Inyo 165 672 Nevada 363 94 Shasta 800 633 Kern 3756 690 Orange 7182 18 San Diego SERIES S Book 1964,Page 149774 shall inure to and bind the parties hereto, with respect to the property above described. Said agreements, terms and provisions contained in said subdivision A and B, (identical in all counties, and printed on the reverse side hereof)are by the within reference thereto, incorporated herein and made a part of this Deed of Trust for all purposes as fully as if set forth at length herein, and Beneficiary may charge for a statement regarding the obligation secured hereby, provided the charge therefor does not exceed the maximum allowed by law, The undersigned Trustor, requests that a copy of any notice of default and any notice of sale hereunder be mailed to him at his address hereinbefore set forth STATE OF CALIFORNIA j Signature of Trustor COUNTY OF qan Re rn a r d i n oJss. On__..Njc�r1.,_h 1 �I 19 g F -_--before me, the REDEVELOPMENT AGENCY OF THE A Y. 0 _-Rn D=ANDS unoersrgnea, a i4ctar, r„Sac in and 4c- T,E,' a*,te ....r,nnnlly noeared //�' � ... �e�t ick o known to me to be the Chairman ftg(c*,V and Carol Beswick, Chairman pt-r i 1 1 Qua hri c-, , known to me to be T)i rE'c-,tc)l" XCJ of the corporation that executed the within Instrument, known to me to be the persons who executed the within Instrument on behalf of the corporation therein named, and ocknowl- Derrill QUaschnick, Director edged to me that such corporation executed the within instrument pursuant to its by-tows or a resolution of its board of directors. WITNESS my hand and official Signa re-. L rrie er Nam or Ptirr:ed) _.__.__ irniTIIr'ORi�ariot •.l, -� CIwIIR �.,IrN g. l Z65 t-41,168) NOTE SECURED BY DEED OF TRUST (Straight Note) $192 , 107 .00 Redlands , California March 19 , 1.986 (Date ) Quarterly after date , for value received , the undersigned promises to pay to REDLANDS RAILWAY AND DEVELOPMENT CO . , a general partnership , or order , at such address as may be designated by payee , the sum of $4 , 082 . 27 quarterly after date hereof , being interest only at 8 . 5% per annum and continuing for a total of 20 quarterly payments ; thereafter , payable in 20 equal quarterly installments of principal and interest in the amount of $11 , 890. 83 . Should interest. not be so paid , it shall thereafter bear like interest as the principal , but such unpaid interest so compounded shall not exceed an amount equal to simple interest on the unpaid principal at the maximum rate of 12% per annum . Should default be made in payment of interest when due the whole sum of principal and interest shall become immediately due at the option of the holder of this Note . Principal and interest payable in lawful money of the United States . If action be instituted on this Note , the undersigned promises to pay such sum as the Court may fix as attorney ' s fees . This Note is secured by Deed of- Trust to FIRST AMERICAN TITLE INSURANCE COMPANY , a California corporation , as Trustee . In the event that the interest on this Note becomes includable for Federal Income Tax purposes in the gross income of the payee , from and after such date the interest rate on this Note shall be adjusted to 127 per annum . REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS ATTESTED BY : By : CAc:. c Carol Beswick Chairman Lori ie Poj Secietary edevelopment Agency of he City of Redlands Derrill Qu-iTschnick Director � FJG MOUNTAIN AMENDED INSTRUCTIONS Branch 22 Redlands Plaza Redlands, .CA_92373 Telephone 798-2244 Escrow No. 1594 Date March 13, 1986 Previous instructions in the above numbered escrow are hereby modified and/or supplemented in the following particulars onl)r Legal description covering subject property is amended to read as follows: Parcel I of Parcel Map No. 9560, as per map recorded in Book 103, page 72 of Parcel Maps, records of said County. Buyers herein acknowledge receipt of preliminary report of title covering subject property as issued by Continental Land Title Company, Order No. 05-137299 and approve same. All other terms and conditions remain unchanged. Redevelopment Agency of the City of Redlands Railway and Development Company, Redlands, Galigefaka a General Partnership By: Garole-lieswick, Chairman Derrill Quaschnick, Direct ATTESTED BY;, - L), 0, rr e o etary EC 1105 A(1/86)