HomeMy WebLinkAbout9/7/2011 - AGREEMENTSRECORDING REQUESTED BY
AND WHEN RECORDED RETURN TO:
Palm Springs Promenade, LLC
555 S. Sunrise Way, Suite 200
Palm Springs, OA 92264
2018-0487921
12/17/2018 10:20 PH Fee: $ 0.00
Page 1 of 4
Recorded in Official Records
County of Riverside
Peter Pldana
Pssessoi—County Clerk-Recorder
I I
APN 513-560-043, 513-560-044, 513-560-045, 513-560-046, 513-560-047, 513-560-048,
APN 513-560-052, 513-560-060, 513-560-073, 513-560-074. 513-560-075, 513-560-078,
APN 513-560-079, 513-560-080
SUBSTITUTION OF TRUSTEE AND DEED OF FULL RECONVEYANCE
The undersigned. City of Palm Springs, a California charter city and municipal
corporation, as the owner and holder of the Note secured by that certain Performance
Trust Deed dated June 27, 2012, made by Palm Springs Promenade, LLC, a California
limited liability company, as Trustor to Fidelity National Title Company, a California
corporation as trustee for City of Palm Springs, a California charter city and municipal
corporation, as beneficiary, which Performance Trust Deed was recorded on
06/27/2012, as Instrument No. 2012-0298857 of Official Records in the Office of the
County Recorder of Riverside, California, hereby substitutes itself. City of Palm Springs,
a municipal corporation and charter city, as Trustee in place of the current Trustee
thereunder.
City of Palm Springs, a California charter city and municipal corporation, hereby accepts
said appointment as trustee and under the above Performance Trust Deed, and as
successor Trustee, and pursuant to the request of said owner and holder and in
accordance with the provisions of said Deed of Trust, DOES HEREBY RECONVEY,
WITHOUT WARRANTY, TO THE PERSON OR PERSONS LEGALLY ENTITLED
THERETO, the estate as shown on Exhibit "A" attached hereto and made a part hereof,
now held by it under said Performance Trust Deed.
IN WITNESS WHEREOF, City of Palm Springs, a California charter city and municipal
corporation, as the owner and holder of the above described Note and beneficial
interest, and as Successor Trustee, has caused this instrument to be executed, as to
each respective interest.
[SIGNATURES ON NEXT PAGE]
Dated:
City of Palm Springs, a California charter
city and municipal corporation
id H. Ready, City Ma
Attest:Approved as to form:
Anthony Mejia, City Clerk
(/An| of (Wivv^^Vvj5
1
Edward Z. Kotkin, City Attorjie^
of' Wm
APPROVED BY CITY COUNCIL
EXHIBIT "A"
That certain Real Property identified on Exhibit C to that certain Performance Trust
Deed recorded on 06/27/2012, as Instrument No. 2012-0298857 of Official Records in
the Office of the County Recorder of Riverside, California
ACKNOWLEDGMENT OF INSTRUMENT
(Gal. Civil Code Section 1181)
A notary public or other officer completing this certificate verifies only the identity of the
individual who signed the document to which this certificate is attached, and not the
truthfulness, accuracy, or validity of that document.
State of California )
County of Riverside ) ss.
City of Palm Springs )
On December 11, 2018, before me, CYNTHIA A. BERARDI, CHIEF DEPUTY CITY CLERK,
CITY OF PALM SPRINGS, CALIFORNIA, personally appeared DAVID H. READY, who proved to me
on the basis of satisfactory evidence to be the person whose name is subscribed to the within
instrument and acknowledged to me that he executed the same in his official and authorized capacity,
and that by his signature on the instrument the person or entity upon behalf of which the person acted,
executed the agreement.
I certify under PENALTY OF PERJURY under the laws of the State of California that the
foregoing paragraph is true and correct.
Witness my hand and the official seal of the City of Palm Springs, California, this 11^^ day of
December, 2018.
Signature:
CYNTHIA A. BERARDI, CMC
CHIEF DEPUTY CITY CLERK
Title or Type of Document
Substitution of Trustee and Deed of Full Reconveyance