JARMUZ, KURT AND KYLE - PROMISSORY NOTE TEN YEAR DEFERRED

RECORDING REI)UESTI),... p np TH' Order No. ISscrow No. 0105 - 599328 -015 (SA) AND WI LENT RECORDED MAIL TO � ^1 .N Name City of Pleasanton ' Sheet City Clerk's Office Address 123 Main Si. .. .__ ('ity & I'Iensanlon, ('A 94566 State SPACE ABOVE (TITS LINE FOR RECORDER'S I ISIS SHORT FORIVI DEED OF TRUST AND ASSIGNMENT ()Er REN'T'S (INDIVIDUAL) (DUN: ON SA I.E (71.AlISE) A.P.N. (not yet available). 'Ellis Deed of Trust, made this 5 day of March 2008, between Kurt Mt 11111/, and Kyle )arinuz. herein called Trustor. whose address is 240 Birch Creek Terrace. Pleasanton. California 94566 (number and street. city. slate. zip). First American Title Company, a California corporation, herein called Trustee. and the City of Pleasanton, herein called Beneficiary, Wituesseth: That Truster IRREVOCABLY GRANTS, TRANSFEI(S AND ASSIGNS to IR(IS'TEF IN TRUNK, WITI1 POWRR ()1: SAI.F. Thal properly in Alameda County, California, described as: A CONDOMINII IM COMPRISED OP: PARCfi.L ONI',: An undivided fee simple interest as a Tenant in common of Ilse common area equal to the reciprocal of the number of residential units located within the building envelope in which the residential unit is situated and which is located within Lot I. as shown on that certain neap entitled "Parcel Map No. 9328 ", which map was fled in the office of the Recorder of the County of Alameda, Slate of Caliti rnia on September 20. 2007. in Book 302 of Parcel Maps, ('age 3. and as shown on the Condominium flan recorded November 1. 2007. as Instrument No. 2007-382111 of Official Records ( "Condominium Plan and defined in the Declaration of Covenants. Conditions and Restrictions of Birch Terrace recorded November I. 2007. as Instrument No_ 2007 - 382110 ofOfficial Records together wills any amendments. modifications. or annexations Thereto. as may occur from line to lime ('1 eclaration" ). EXCEPTING T'IIl I(PPI(OM: Certain easements for the purposes described in the Declaration and the map of record referenced above, and such other easements as may be of record as of the date hereof. PARCEL. TWO: Residential lhnil 15, as shown on the Condominium flan Mill defined in the Declaration. PAI(CFI,' I'1 I R1SI'.: An exclusive easement over the portion of the common area and /or association properly (as defined in the Declaration) designated as being appurtenant to Residential (Mil 15 in the Condominium Ilan. If the trustor shall sell, convey or alienate said property, or any part thereof, or any interest therein, or shall be divested of his title or any interest (herein in any manner or way, whether voluntarily or involuntarily, without the written consent of the beneficiary being first had and obtained, beneficiary, shall have the right, at its option, except as prohibited by law, to declare an indebtedness or obligations secured hereby, irrespective of the maturity dale specified in any mote evidencing the same, immediately due mod payable ( :onsenl to one such transaction shall not be deemed to be a waiver of the right to require such consent to future successive transactions. TOGITIIER W TIT I the rents, issues and profits thereof, SUBJECT, IIOWPVPR. to the right, power and authority given to and conferred upon Beneficiary by paragraph (1(1) of the provisions incorporated herein by reference to collect and apply such rents, issues and profits. For the Purpose of Securing: 1. Performance of each agreement of Trustor incorporated by reference or contained herein. 2. Payment of the indebtedness evidenced by one promissory note of even dale herewith, and any extension or renewal thereof, in the principal sum of $ 30,000.00 executed by Trustor in favor of Beneficiary or order. 3. Payment of such further sums as the Then record owner of said properly heren0er may borrow from Beneficiary, when evidenced by another note (or notes) reciting it is so secured. T -34A (Rev 4/94) Page 1 oft