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HomeMy WebLinkAboutRecorded Doc 2015-068 2015-068 DOC # 2015-0337060 07/29/2015 01:20 PM Fees: $0.00 Page 1 of 19 Recorded in Official Records County of Riverside Peter Aldana RECORDING REQUESTED BY AND Assessor-County Clerk-Recorder WHEN RECORDED RETURN TO: **This document was electronically submitted City of Cathedral City to the County of Riverside for recording** Attn: City Clerk Receipted by:MARUIZ 68700 Avenida Lalo Guerrero Cathedral City,CA 92234 WITH A COPY TO: Sklar Kirsh Atm:Mark Nicoletti 1880 Century Park E 4300 Los Angeles,CA 90067 MAIL TAX STATEMENTS TO: _ City of Cathedral City R A Exam: Attn: City Clerk Page DA PCOR Misc Long RFD 1st Pg Adt1 Pg Cert Cc 68700 Avenida Lalo Guerrero 18 Cathedral City,CA 92234 SIZE NCOR SMF NCHG T: (SPACE ABOVE THIS LINE RESERVED FOR RECORDER'S USE) (Exempt from recording fees pursuant to Government Code Sections 6103 and 27383) QUITCLAIM DEED Documentary Transfer Tax is$0.00. This conveyance establishes governmental entities acquiring title. R&T— 11922. FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, PSRV, LLC, a Nevada limited liability company ("PSRV"), VESTIN MORTGAGE, LLC, a Nevada limited liability company,as successor by conversion of Vestin Mortgage,Inc.,a Nevada corporation("Vestin"), VESTIN REALTY MORTGAGE 1, INC., a Maryland corporation, as successor by merger of Vestin Fund 1, LLC, a Nevada limited liability company ("VFI"),VESTIN REALTY MORTGAGE II,INC., a Maryland corporation, as successor by merger of Vestin Fund II, LLC, a Nevada limited liability company ("VFII"), VESTIN FUND III, LLC, a Nevada limited liability company ("VFI11" and together with PSRV, Vcstin, VFI, and VF11, the "Grantors"), HEREBY REMISE(S), RELEASE(S) AND FOREVER QUITCLAIM(S) TO the CITY OF CATHEDRAL CITY;a municipal corporation ("Grantee"), all of Grantors' rights, title, and interests,if any, in and to all of the real property located in the City of Cathedral City, County of Riverside, State of California, described as follows (the "Property"): SEE EXHIBIT A ATTACHED HERETO AND MADE A PART HEREOF. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK SIGNATURES SET FORTH ON FOLLOWING PAGE] 4817-8868-7651 RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: City of Cathedral City Attn: City Clerk 68700 Avenida Lalo Guerrero Cathedral City,CA 92234 WITH A COPY TO: Sklar Kirsh Attn: Mark Nicoletti 1880 Century Park E#300 Los Angeles, CA 90067 MAIL TAX STATEMENTS TO: City of Cathedral City R A Exam: Attn: City Clerk Page DA PCOR Misc Long RFD 1st Pg Adtl Pg Cert CC 68700 Avenida Lalo Guerrero Cathedral City, CA 92234 SIZE NCOR SMF NCHG T: (SPACE ABOVE THIS LINE RESERVED FOR RECORDER'S USE) (Exempt from recording fees pursuant to Government Code Sections 6103 and 27383) QUITCLAIM DEED Documentary Transfer Tax is $0.00. This conveyance establishes governmental entities acquiring title. R&T— 11922. FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, PSRV, LLC, a Nevada limited liability company ("PSRV"), VESTIN MORTGAGE, LLC, a Nevada limited liability company, as successor by conversion of Vestin Mortgage, Inc., a Nevada corporation ("Vestin"), VESTIN REALTY MORTGAGE I, INC., a Maryland corporation, as successor by merger of Vestin Fund 1, LLC, a Nevada limited liability company ("VFl"), VESTIN REALTY MORTGAGE II, INC., a Maryland corporation, as successor by merger of Vestin Fund II, LLC, a Nevada limited liability company ("VFII"), VESTIN FUND III, LLC, a Nevada limited liability company ("VFIII" and together with PSRV, Vestin, VFI, and VFII, the "Grantors"), HEREBY REMISE(S), RELEASE(S) AND FOREVER QUITCLAIM(S) TO the CITY OF CATHEDRAL CITY; a municipal corporation ("Grantee"), all of Grantors' rights, title, and interests, if any, in and to all of the real property located in the City of Cathedral City, County of Riverside, State of California, described as follows (the "Property"): SEE EXHIBIT A ATTACHED HERETO AND MADE A PART HEREOF. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK SIGNATURES SET FORTH ON FOLLOWING PAGE] 4817-8868-7651 IN WITNESS WHEREOF, Grantors have caused this Quitclaim Deed to be executed as of this og2 day of May,2015. PSRV: PSRV,LLC, a Nevada limited liability •smpany By: Name: EMES„ Title: A, , _ I . 1 , • State of Nevada }ss. County of Clark n } On '//l t / t p5 p? x/s-- , personally appeared before me, a Notary Public, Daniel l3,:e hbs, personally known (or proved) to me to be the person whose name is subscribed to the above instrument who acknowledged that the executed the above instrument. p .......: NOTARY PUBLIC ciegur- `: 's STATE OF NEVADA County of Clark Iw; T. GOREY Notary Public M Appt. No. 92-1545-1 My Appt.Expires Sept.8,2015 VESTIN: VESTIN MORTGAGE, LLC, a Nevada limited liability company, as successor by conversion of. Vestin Mortgage, Inc., a evada corporation 4_ Name: EMPOIMIRMF, Title: - _ A 'rt. State of Nevada } }ss. County of Clark On go7 f R015' , personally appeared before me, a Notary Public, 1 anIel S bj • personally known (or proved) to me to be the person whose name is subscribed to the above instrument who acknowledged that the executed the above instrument. dig *�s'a NOTARY PUBLIC Notary Public tip`' STATE OF NEVADA County of Clark T. GOREY V4--word 92-1545-1 pt.My Appt.Expires Sept.6,2015 S-1 4817-8868-7651 VFI: VESTIN REALTY MORTGAGE I,INC., a Maryland corporation, as successor by merger of Vestin Fund I, LLC, a Nevada limited liability company By: Name: tgairalgai Title: M', i State of Nevada } }ss. County of Clark On � ?g(A0/6 , personally appeared before me, a Notary Public, (.13n1eI 6,S , personally known (or proved) to me to be the person whose name is subscribed to the above instrument who acknowledged that the executed the above instrument. r�E NOTARY PUBLIC Cl/Aar -STATE NEVADA '•' County of Clark T. GOREY Notary Public M Appt. No. 92-1545-1 My Appt.Expires Sept.8,2015 VFII: VESTIN REALTY MORTGAGE II,INC., a Maryland corporation, as successor by merger of Vestin Fund 11, LLC, a Nevada limited liability company Air moo By. Name: /4, ,ri I:, LTA/ Title: li' ' . IP�- v - State of Nevada }ss. County of Clark f } On -I' 1 ,a015 , personally appeared before me, a Notary Public, Daniel 6,Sf $ , personally known (or proved) to me to be the person whose name is subscribed to the above instrument who acknowledged that the executed the above instrument. 1 - NOTARY OF NEVADA PUBLIC ((///1"yr' STATE Y NEVADA K County of Clark -- T;_ " T. GOREY Notary Public �'� y �i5 �� Appt. No. 92-1545-1 ��•" My Appt.Expires Sept.6,2015 S-2 4817-8868-7651 VFI11: VESTIN FUND III,LLC, a Nevada limited liability company By: Na Title:Title: ,ffilrgafirearl State of Nevada } }ss. County of Clark } On os� r ( oig , personally appeared before me, a Notary Public, Dahied .S bs , personally known (or proved) to me to be the person whose name is subscribed to the above instrument who acknowledged that,ihe executed the above instrument. 0'1r'4 NOTARY PUBLIC ....... 's STATE OF NEVADA yq County of Clark Notary Public T. GOREY Appt. No. 92-1545-1 My Appt.Expires Sept.6,2015 S-3 4817-8868-7651 EXHIBIT A LEGAL DESCRIPTION ATTACHED 4817-8868-7651 All that certain real property situated in the County of Riverside, State of California, described as follows: Parcel A of Certificate of Compliance for lot line adjustment no. 2006-434; recorded September 29, 2006 as Instrument No. 2006-0720930 of Official Records, being a portion of Lot 273 of Tract 28639, In the City of Cathedral City,County of Riverside, State of California, as shown by map recorded in Book 300,Pages 53 through 66,inclusive of Maps, in the Office of the County Recorder of Riverside County, California. Except therefrom that portion described as follows: Beginning at the intersection of the Southerly line of said Lot 273 with the centerline of Rio Guadalupe Road,as shown on said Tract No. 28639-1; thence Northerly along the West line of said Lot 273, North 00° 08' 10"East, 148.00 feet to the True Point of Beginning; thence parallel with the centerline of Rio Rosalia Drive as shown on said Tract No. 28639-1,South 89° 51'50"East, 1,356.00 feet; thence along the Easterly line of said Lot 273, North 00° 08' 10"East, 139.53 feet; thence along the Northerly line of said Lot 273, South 89° 46' 13'West, 1,356.03 feet; thence along said West line of Lot 273,South 00° 08' 10"West, 130.87 feet to the True Point of Beginning. Assessor's Parcel Number: 677-050-027-6 All that certain real property situated In the County of Riverside,State of California,described as follows: AD that portion of the West one-half of the North one-half of Fractional Section 5,Township 4 South, Range 5 East,San Bernardino Base and Meridian,in the City of Cathedral City, County of Riverside, State of California, according to the Midst Plat thereof,shown and designated as'Remainder Parcel'. on Parcel Map No,34148 recorded in Book 220,Pages 8 through 10 inclusive of Parcel Maps,Records of Riverside County,California. Assessor's Parcel Number: 677-050-029-8 All that certain real property situated in the County of Riverside,State of California,described as follows: Parcel 1 of Parcel Map 34148, in the City of Cathedral City, County of Riverside, State of California, as shown on the map recorded in Book 220, Pages 8 through 10, Inclusive of Parcel Maps, In the Office of the County Recorder of said County. Assessor's Parcel Number: 677-050-031 All that certain real property situated in the County of Riverside, State of California,described as follows: Parcel 2 of Parcel Map 34148, in the City of Cathedral City,County of Riverside,State of California, as shown on the map recorded in Book 220, Pages 8 through 10, inclusive of Parcel Maps, In the Office of the County Recorder of said County. Assessor's Parcel Number: 677-050-032 All that certain real property situated In the County of Riverside,State of California, described as follows: Parcel 3 of Parcel Map 34148, in the City of Cathedral City, County of Riverside,State of California, as shown on the map recorded in Book 220, Pages 8 through 10, induslve of Parcel Maps, in the Office of the County Recorder of said County. Assessor's Parcel Number: 677-050-033-1 All that certain real property situated In the County of Riverside, State of California,described as follows: Parcel 4 of Parcel Map 34148, in the City of Cathedral City, County of Riverside,State of California, as shown on the map recorded In Book 220, Pages 8 through 10, Inclusive of Parcel Maps, In the Office of the County Recorder of said County. Assessor's Parcel Number: 677-050-034 All that certain real property situated In the County of Riverside,State of California,described as follows: Lot 2 of Tract No. 28639-1, in the City of Cathedral City, County of Riverside,State of California, as per map filed In Book 300, Pages 53 through 66 of Maps, in the Office of the County Recorder of said County. Except therefrom the Westerly 19.38 feet of Lot 2 of said Tract No. 28639-1. Together with the Westerly 19.38 feet of Lot 1 of said Tract No. 28639-1. Said description Is pursuant to Parcel B of Certificate of Compliance recorded March 11, 2005 as Instrument No. 2005-197073 of Official Records. Assessor's Parcel Number: 677-551-020-7 All that certain real property situated in the County of Riverside, State of California,described as follows: Lot 8 of Tract No. 28639-1, In the City of Cathedral City, County of Riverside, State of California, as per map filed in Book 300, Pages 53 through 66 of Maps, in the Office of the County Recorder of said County. Together with the Westerly 11.38 feet of Parcel"G"as described in Certificate of Compliance for Lot Une Adjustment No.04-402, recorded March 11, 2005 as Instrument No. 2005-197074 of Official Records,in the Office of the County Recorder of said County. Said description is pursuant to Parcel 1 of Certificate of Compliance for Lot Une Adjustment No. 2004- 409, recorded March 11, 2005 as Instrument No.2005-0197075 of Official Records. Assessor's Parcel Number: 677-551-025 All that certain real property situated In the County of Riverside,State of California,described as follows: Lot 65 of Tract No. 28639-1, in the City of Cathedral City,County of Riverside, State of California, as per Map died In Book 300, Pages 53 through 66,of Maps, in the Office of the County Recorder of said County. Together with the Westerly 4.50 feet of Lot 66 of said Tract No. 28639-1. Said description is made pursuant to that certain Certificate of Compliance Lot Une Adjustment No. 2004-400 recorded March 11,2005 as Instrument No. 2005-197072 and re-recorded April 15, 2005 as Instrument No. 2005-297757 both of Offidal Records. Assessor's Parcel Number: 677-551-027 All that certain real property situated in the County of Riverside, State of California, described as follows: Lot 66 of Tract No. 28639-1, In the City of Cathedral City, County of Riverside, State of California, as per map filed In Book 300, Pages 53 through 66,of Maps, in the Office of the County Recorder of said County. Except therefrom the Westerly 4.50 feet of Lot 66 of said Tract No. 28639-1. Together with the Westerly 21.25 feet of Lot 67 of said Tract No. 28639-1. Said description is made pursuant to that certain Certificate of Compliance Lot Line Adjustment No. 2004-400 recorded March 11, 2005 as Instrument No. 2005-197072 and re-recorded April 15, 2005 as Instrument No. 2005-297757 both of Offidal Records. Assessor's Parcel Number: 677-551-028-5 All that certain real property situated in the County of Riverside,State of California, described as follows: Lots 67 and 68 of Tract No. 28639-1, in the City of Cathedral City, County of Riverside, State of Callfornla,as per map filed In Book 300, Pages 53 to 66,of Maps, in the Office of the County Recorder of said County. Except therefrom the Westerly 21.25 feet of Lot 67 of said Tract No. 28639-1. Said description Is made pursuant to that certain Certificate of Compliance, Lot Une Adjustment No. 2004-400 recorded March 11, 2005 as Instrument No. 2005-0197072 and re-recorded April 15, 2005 as Instrument No. 2005-0297757, both of Official Records. Assessor's Parcel Number: 677-551-029 All that certain real property situated In the County of Riverside, State of California,described as follows: Parcel E, in the City of Cathedral City, County of Riverside,State of California,as described In Certificate of Compliance for Lot Une Adjustment No. 04-402 recorded on March 11, 2005 as Document No. 2005-0197074 of Official Records,In the Office of the County Recorder of said County. Except therefrom the Easterly 6.50 feet of Parcel E as described in Certificate of Compliance for Lot Une Adjustment No. 04-402 recorded on March 11, 2005 as Instrument No. 2005-0197074 of Official Records, In the Office of the County Recorder of said County. Together with the Easterly 13.00 feet of Parcel F as described in Certificate of Compliance for Lot Line Adjustment No. 04-402, recorded March 11, 2005 as Instrument No. 2005-0197074, of Official Records,in the Office of the County Recorder of said County. Said description is pursuant to Parcel 2 of Certificate of Compliance for Lot Une Adjustment No. 2005- 431 recorded August 3, 2006 as Instrument No. 2006-0569754 of Official Records. Assessor's Parcel Number: 677-551-031 All that certain real property situated in the County of Riverside, State of California, described as follows: Parcel F, in the City of Cathedral City, County of Riverside, State of California, as described in Certificate of Compliance for Lot Line Adjustment No. 04-402 recorded on March 11, 2005 as Document No. 2005-0197074 of Official Records, in the Office of the County Recorder of said County. Except therefrom the Easterly 6.50 feet of Parcel E as described in Certificate of Compliance for Lot Line Adjustment No. 04-402 recorded on March 11, 2005 as Instrument No. 2005-0197074 of Official Records, in the Office of the County Recorder of said County. Together with the Easterly 13.00 feet of Parcel F as described in Certificate of Compliance for Lot Line Adjustment No. 04-402, recorded March 11, 2005 as Instrument No. 2005-0197074, of Official Records, in the Office of the County Recorder of said County. Said description is pursuant to Parcel 2 of Certificate of Compliance for Lot Line Adjustment No. 2005- 431 recorded August 3, 2006 as Instrument No. 2006-0569754 of Official Records. Assessor's Parcel Number: 677-551-032-8 lit Cathedral City CERTIFICATE OF ACCEPTANCE THIS IS TO CERTIFY that the interest in real property conveyed by Quitclaim Deed, dated May 22, 2015 from PSRV, LLC., a Nevada limited liability company ("PSRV"), VESTIN MORTGAGE, LLC., a Nevada limited liability company, as successor by conversion of Vestin Mortgage Inc., a Nevada corporation ("Vestin"), VESTIN REALTY MORTGAGE I, INC., a Maryland corporation, as successor by merger of Vestin Fund I, LLC., a Nevada limited liability company ("VFI") VESTIN REALTY MORTGAGE II, INC., a Maryland corporation, as successor by merger of Vestin Fund II, LLC., a Nevada limited liability company ("VFII"), VESTIN FUND III, LLC., a Nevada limited liability company ("VFIII" and together with PSRV, Vestin, VFI, and VFII the "Grantors") HEREBY REMISE(S, RELEASE(S), AND FOREVER QUITCLAIM(S) TO the CITY OF CATHEDRAL CITY, a municipal corporation, "grantee" is hereby accepted by the Deputy City Clerk of said Municipal Corporation, this 29th day of June, 2015, pursuant to authority granted by the City Council of said City, by Resolution No. 82-13 made on the 3rd day of February, 1982, and the Grantee consents to recordation thereof by said Deputy City Clerk, its duly-authorized officer. Dated at Cathedral City, California, this 8th day of July, 2015 TiLt uC 2-i racey R. Martinez, CMC Deputy City Clerk City of Cathedral City APN Nos. 677-050-027-6 677-050-029-8 677-050-031 677-050-032 44.'? 677-050-033-1 "; ' ' ' 677-050-034 677-551-020-7 677-551-025 Y,n -ttlto;r 677-551-027 • ( '�?� �' a 677-551-028-5 I:spar a--Yod 677-551-029 677-551-031 677-551-032-8 1,,e 677-551-033-9 , �0 OF kl y4..R 's PETER ALDANA Recorder `" P.O.Box 751 COUNTY OF RIVERSIDE Riverside,7C5 CA 92502-0751 f s ( .i ),k F ASSESSOR-COUNTY CLERK-RECORDER (951)486-7000 'gyp'ii110—: Website:www.riversideacr.com °`'Iv".s"* DOCUMENTARY TRANSFER TAX AFFIDAVIT WARNING ANY PERSON WHO MAKES ANY MATERIAL MISREPRESENTATION OF FACT FOR THE PURPOSE OF AVOIDING ALL OR ANY PART OF THE DOCUMENTARY TRANSFER TAX IS GUILTY OF A MISDEMEANOR UNDER SECTION 5 OF ORDINANCE 516 OF THE COUNTY OF RIVERSIDE AND IS SUBJECT TO PROSECUTION FOR SUCH OFFENSE. ASSESSOR'S PARCEL NO. See attachment for list of APNs I declare that the documentary transfer tax for this Property Address: Vacant Land, Cathedral City, CA transaction is: $ © . If this transaction is exempt from Documentary Transfer Tax,the reason must be identified below. I CLAIM THAT THIS TRANSACTION IS EXEMPT FROM DOCUMENTARY TRANSFER TAX BECAUSE: (The Sections listed below are taken from the Revenue and Taxation Code with the exception of items 9 and 10 which are taken from Riverside County Ordinance 516). Please check one or explain in "Other". 1. Section 11911. The consideration or value of the property, exclusive of any liens and encumbrances is $100.00 or less and there is no additional consideration received by the grantor. 2. Section 11911. The conveyance transfers to a revocable living trust by the grantor or from a revocable living trust to a beneficiary. 3. Section 11921. The conveyance was given to secure a debt. 4. Section 11922. The conveyance is to a governmental entity or political subdivision. 5. Section 11925. The transfer is between individuals and a legal entity or partnership,or between legal entities and does not change the proportional interests held. 6. Section 11926. The conveyance is to a grantee who is the foreclosing beneficiary and the consideration paid by the foreclosing beneficiary does not exceed the unpaid debt. 7. Section 11927. The conveyance relates to a dissolution of marriage or legal separation. (A spouse must sign a written recital in order to claim this exemption.This form may be used for that purpose.) 8. Section 11930. The conveyance is an inter vivos gift*or a transfer by death. *Please be aware that information stated on this document may be given to and used by governmental agencies,including the Internal Revenue Service. Also,certain gifts in excess of the annual Federal gift tax exemption may trigger a Federal Gift Tax. In such cases,the Transferor(donor/grantor)may be required to file Form 709(Federal Gift Tax Return)with the Internal Revenue Service. 9. Section 8. The easement is nLperpetual,permanent,or for life. 10. Section 9. The document is a lease for a term of jgthan(35)years(including written options.) 11. Other (Include explanation and legal authority) I DECLARE UNDER PENALTY OF PERJURY THAT THE FOREGOING IS TRUE AND CORRECT. "ecut °this ''',.• `' ay of July, ,2015 at Cathedral City, CA . ill ( City State '-(." 'ignature ofL Affiant Printed Name of Affiant r 11-)C-.�r I r'V 1 ` City of Cathedral City 68-700 Avenida Lalo Guerrero, Cathedral City, CA 92234 Name of Firm(if applicable) Address of Affiant(including City,State,and Zip Code) (760) 770-0340 Telephone Number of Affiant(including area code) This form is subject to the California Public Records Act(Government Code 6250 et. seq.) For Recorder's Use: Affix PCOR Label Here ACR 521(Rev.11/2014) Available in Alternate Formats Attachment to Documentary Transfer Tax Affidavit LIST OF ASSESSOR'S PARCEL NUMBERS TO BE TRANSFERRED IN THIS TRANSACTION 1) 677-050-027-6 2) 677-050-029-8 3) 677-050-031 4) 677-050-032 5) 677-050-033-1 6) 677-050-034 7) 677-551-020-7 8) 677-551-025 9) 677-551-027 10) 677-551-028-5 11) 677-551-029 12) 677-551-031 13) 677-551-032-8 14) 677-551-033-9