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<br />CHICAc.CYiTLi::. CGi'v1Pi\i\J
<br />WHEN RECORDED MAIL TO:
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<br />City Clerk
<br />City of Riverside
<br />City Hall, 3900 Main Street
<br />Riverside, California 92522
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<br />DOC R 2002-091177
<br />02/21/2002 08:00~ Fee:NC
<br />Page I of 19
<br />Reeo~d.d in Official Records
<br />County of Riverside
<br />Gary L. 01"50
<br />Assessor I County Clerk & ReeclI"'der
<br />
<br />
<br />1111111111111111111111111111111111111111111111111111111
<br />
<br />Project: 8856 Arlington Avenue &
<br />8855 Philip Avenue
<br />Riverside, California
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<br />COPY LONG REFUND NCHG EXAM.
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<br />,~(/(; ( ,) FIRST DEED OF TRUST . 0
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<br />(L1 J THIS FIRST DEED OF TRUST ("First Deed ofTrust") is made this '=S ,- C)dayof '
<br />I. ,i "L,/1 8epl~...lm, 2001, by FINN L. COMER and HOLLY LYN COMER, hUSband and wife as
<br />joint tenants as to an undivided one-half interest, and CHRISTIAN E. SINGLETARY and
<br />RU ANNA SINGLETARY, husband and wife as joint tenants as to an undivided one-half
<br />interest C'Trustors") to CHICAGO TITLE COMPANY ("Trustee"), for the use and benefit of
<br />REDEVELOPMENT AGENCY OF THE CITY OF RIVERSIDE ("Beneficiary")
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<br />I. First Deed of Trust. For good and valuable consideration, Trustors hereby
<br />irrevocably and unconditionally grant, transfer and assign to Trustee, in trust, with power of sale
<br />and right ofreentry and possession, all that certain real property commonly known as 8856
<br />Arlington Avenue and 8855 Philip Avenue ("Property") located in the City of Riverside, County
<br />of Riverside, State of California, and more particularly described in Exhibit A attached hereto
<br />and incorporatcd herein, together with all right, title and interest of Trustors in all buildings and
<br />improvements now located or hereaftcr to be constructed thcreon and all materials intended for
<br />construction, reconstruction, alteration and repair of such buildings and improvements
<br />(collectively "Improvemcnts");
<br />
<br />a. TOGETHER with all right, title and interest of Trustors in the appurtenances,
<br />privileges, easements, franchises, tenements and development rights, including all minerals, oil,
<br />gas and other hydrocarbon substances thcreon or therein, air rights, water rights and any land
<br />lying in thc streets, roads or avenues, open or proposed, in front of or adjoining the Property and
<br />Improvements;
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<br />b. TOGETHER with all right, title and interest ofTrustors to all proceeds
<br />(including claims or demands thereto) from the conversion, voluntary or involuntary, of any of
<br />the Property or Improvements, into cash or liquidated claims, including proceeds of all present
<br />and future fire, hazard, or casualty insurance policies and all condemnation awards or payments
<br />in lieu thereof made by any public body or decree by court of competent jurisdiction for taking
<br />or for degradation of the value in any condemnation or eminent domain proceeding, and all
<br />causes of action and the procccds thereof of all types for any damage or inj ury to the Property or
<br />Improvements, or any part thereof, including causcs of action arising in tort or contract and
<br />causes of action for fraud or concealment ofa material fact (collectively "Proceeds").
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