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Deed of Trust With Assignment of Rents (Long Form)

Deed of Trust With Assignment of Rents (Long Form)
Deed of Trust With Assignment of Rents (Long Form)
RECORDING REQUESTED BY
AND WHEN RECORDED MAIL TO:
SPACE ABOVE THIS LINE FOR RECORDER’S USE ONLY
APN: Order #: Escrow #: ___________________________________
DEED OF TRUST WITH ASSIGNMENT OF RENTS (LONG FORM)
THIS DEED OF TRUST, made ______________________________ , between ____________________________________
________________________________________________________________________________ herein called TRUSTOR
whose address is ,____________________________________________________________________________________ ,
(Number and Street)
________________________________________________________________________________________________, ____________________________________________________
(City) (State and Zip)
_____________________________________________________, a California corporation, herein called TRUSTEE, and
____________________________________________________________________________, herein called BENEFICIARY,
WITNESSETH: That Trustor grants to Trustee in trust, with Power of Sale, that property in the City of __________________,
County of _______________________, State of California, described as:
together with 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
$_______________________, with interest thereon according to the terms of a promissory note or notes of even date herewith made to
Trustor, payable to order of Beneficiary, and extensions or renewals thereof, (2)the performance of each agreement of Trustor
incorporated by reference or contained herein and (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.
A. To protect the security of this Deed of Trust, Trustor agrees:
1) To keep said property in good condition and repair, not to remove or demolish any building thereon; to complete or restore promptly
and in good and workmanlike manner any building which may be constructed, damaged or destroyed thereon and to pay when due all
claims for labor performed and materials furnished therefor, to comply with all laws affecting said property or requiring any alterations or
improvements to be made thereon, not to commit or permit waste thereof; not to commit, suffer or permit any act upon said property in
violation of law; to cultivate, irrigate, fertilize, fumigate, prune and do all other acts which from the character or use of said property may
be reasonably necessary, the specific enumerations herein not excluding the general.
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Deed of Trust With Assignment of Rents (Long Form)
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