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s NATIONS TITh COMPANY DEED OF TRUST o �3 (77 lo L. RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: Redevelopment Agency of the City of Redlands 35 Cajon Street Redlands, California 92373 Attention: Executive Director Assessor's Parcel No.0171-121-04-0000 This document is exempt from the payment of a recording fee pursuant to Govcmment Code Section 6103 and 27383. DEED OF TRUST AND ASSIGNMENT OF RENTS This DEED OF TRUST WITH ASSIGNMENT OF RENTS (this "Deed of Trust"), is made as of November 16, 2010, by and among Shabahang-Hatami Family Trust (12122105), (the "Trustor"), whose address is 5 E. Citrus Avenue, Redlands, California 92373;Ticor Title Company(the "Trustee"), whose address is 4204 Riverwalk Parkway, Suite 230, Riverside, California 92505; and the REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS, a public body, corporate and politic (the`Beneficiary"),whose address is 35 Cajon Street,Redlands, California 92373. WITNESSETH: that Trustor grants to Trustee in Trust, with Power of Sale, that property in the City of Redlands, County of San Bernardino, State of California, that is described in Attachment No. 1, attached hereto and by this reference incorporated herein(the"Security Property"); FTogether 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. I For the purpose of securing (1)Payment of indebtedness in the principal amount of One Hundred Fifty Thousand Dollars ($150,000.00) together with interest thereon according to and as set forth in the certain Note from Shabahang-Hatami Family Trust (12122105) (the "Participant") to the Beneficiary of even date herewith (which repayment may be made by credit pursuant to the terms of such promissory note); (2) Payment of any suras advanced by Beneficiary to protect the Security pursuant to the terms and provisions of this Deed of Trust following a breach of Trustor's obligation to advance said sums and the expiration of any applicable cure period and upon fifteen(IS)business days notice to the Trustor, with interest thereon as provided herein; (3)Payment of such additional sums and interest thereon which may hereafter be loaned to Trustor or, with the prior consent of Trustor, to the Participant, or its successors or assigns, by Beneficiary, when evidenced by a promissory note or notes or other documents reciting that they are secured by this Deed of Trust; and (4)Performance of every obligation, covenant or agreement of Trustor contained herein, in the Note (and any amendments thereto) in that certain Participation Agreement between the Participant and the Beneficiary dated as of November 16, 2010, a copy of which is on file with the Agency as a public record (the "Participation Agreement") and any amendments thereto, and in the "Maintenance Agreement" (Exhibit E to the Participation Agreement), and any amendments thereto. D-1 DOCSOCI1380740v6/200079-0000 r