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WHEN RECORDED MAIL TO: City Clerk City of Riverside City Hall, 3900 Main Street Riverside, California 92522 Project: 8856 Arlington Avenue & 8855 Philip Avenue Riverside, California DOC # 2002--0911'78 02/21/2082 00:00A Fee:NC Page ! of 19 Recorded In OCficiol Records G&ry L. Orso II II IIl]llll]ll1111 II1 ~<jx~' 'i ~/ SECOND DEED OF TRUST < 'THIS SECOND DEED OF TRUST ("Second Deed of Trust") is made this _) day o~ ~, 2001, by FINN L. COMER and HOLLY LYN COMER, husba~d and wife as joint tenants as to an undivided one-half interest, and CHRISTIAN E. S1NGLETARY and RU ANNA SINGLETARY, husband and wife as joint tenants as to an undivided one-half interest ("Trustors") to CHICAGO TITLE COMPANY ("Trustee"), for the use and benefit of REDEVELOPMENT AGENCY OF THE CITY OF RIVERSIDE ("Beneficiary") 1. Second Deed of Trust. For good and valuable consideration, Trustors hereby irrevocably and unconditionally grant, transfer and assign to Trustee, in trust, with power of sale and right of reentry and possession, all that certain real property commonly known as 8856 Arlington Avenue and 8855 Philip Avenue ("Property") located in the City of Riverside, County of Riverside, State of California, and more particularly described in Exhibit A attached hereto and incorporated herein, together with all right, title and interest of Trustors in all buildings and improvements now located or hereafter to be constructed thereon and all materials intended for construction, reconstruction, alteration and repair of such buildings and improvements (collectively "Improvements"); a. TOGETHER with all right, title and interest of Trustors in the appurtenances, privileges, easements, franchises, tenements and development rights, including all minerals, oil, gas and other hydrocarbon substances thereon or therein, air rights, water rights and any land lying in the streets, roads or avenues, open or proposed, in front of or adjoining the Property and Improvements; b. TOGETHER with all right, title and interest of Trustors to all proceeds (including claims or demands thcrcto) from the conversion, voluntary or involuntary, of any of the Property or Improvements, into cash or liquidated claims, including proceeds of all present and future fire, hazard, or casualty insurance policies and all condemnation a~vards or payments in lieu thereof made by any public body or decree by court of competent jurisdiction for taking or for degradation of the value in any condemnation or eminent domain proceeding, and all causes of action and the proceeds thereof of all types for any damage or mjury to the Property or