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HomeMy WebLinkAboutRecorded doc 2016-078 2016-078 o Co,I • - 0-)e RECORDING REQUESTED BY AND DOC# 2016-0145234 WHEN RECORDED RETURN TO: 04/13/2016 12:41 PM Fees: $0.00 Page 1 of 8 Recorded in Official Records City of Cathedral City County of Riverside Attn: City CIerk Peter Aldana 68700 Avenida Lalo Guerrero Assessor-County Clerk-Recorder Cathedral City,CA 92234 **This document was electronically submitted WITH A COPY TO: to the County of Riverside for recording** Receipted by:LINDA#922 Sklar Kirsh Attn:Mark Nicoletti 1880 Century Park E#300 Los Angeles,CA 90067 MAIL TAX STATEMENTS TO: City of Cathedral City Attn:City Clerk 68700 Avenida Lalo Guerrero Cathedral City,CA 92234 APN: 677-551-031-7 (SPACE ABOVE THIS LINE RESERVED FOR RECORDER'S USE) Documentary Transfer Tax is$0.00. This conveyance establishes governmental entities acquiring title. R&T—11922. (Exempt from recording fees pursuant to Government Code Sections 6103 and 27383) • QUITCLAIM DEED **NOTE: Correction Deed Only—This Quitclaim Deed is being recorded to correct the legal description for APN 677-551-031-7 contained in the Quitclaim Deed recorded on 07/29/2015 as Document#2015-0337060 which inadvertently omitted a 6.50 foot wide portion of the parcel which was originally intended to be conveyed by the Grantors 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 I,LLC,a Nevada limited liability company("VFI"),VESTIN REALTY MORTGAGE U,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 ("VFII I" 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. [SIGNATURES SET FORTH ON FOLLOWING PAGE] 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 Attn: City Clerk 68700 Avenida Lalo Guerrero Cathedral City,CA 92234 APN: 677-551-031-7 (SPACE ABOVE THIS LINE RESERVED FOR RECORDER'S USE) Documentary Transfer Tax is$0.00. This conveyance establishes governmental entities acquiring title. R&T— 11922. (Exempt from recording fees pursuant to Government Code Sections 6103 and 27383) QUITCLAIM DEED **NOTE: Correction Deed Only—This Quitclaim Deed is being recorded to correct the legal description for APN 677-551-031-7 contained in the Quitclaim Deed recorded on 07/29/2015 as Document#2015-0337060 which inadvertently omitted a 6.50 foot wide portion of the parcel which was originally intended to be conveyed by the Grantors 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 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"), 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. [SIGNATURES SET FORTH ON FOLLOWING PAGE] 2 2 rd IN WITNESS WHEREOF, Grantors have caused this Quitclaim Deed to be executed as of this day of February, 2016. PSRV: PSRV,LLC, a Nevada limited liability , impany By: AIL• `►' _ Name: 1O/ Ui . .* U ^s Title: AMM,Paill3W / /) State of Nevada } }ss. County of Clark } On 4119.. 3, A©b , personally appeared before me, a Notary Public, *\o 5 , personally known (or proved)to me to be the person whose name is subscribed to the above instrument who acknowledged that she executed the above instrument. clIA'sd,,,r_ Notary Public VESTIN: VESTIN MORTGAGE,LLC, STATE Of AOA r" , , County Yof a Nevada limited liability company, T.GORE f `gyp Appt NO 64�t9 as successor by conversion of, _.____. Vestin Mortgage, Inc., a N� ada corporation By: , r1•I' - Name: �Q'j��/ J Ft Title: 1r _ State of Nevada } }ss. County of Clark } On IA 1 c 3 S / , personally appeared before me, a Notary Public, Pallid `, - 0./ , personally known (or proved)to me to be the person whose name is subscribed to the above instrument who acknowledged that she executed the above instrument. , �:• STATE OF NEVADA Notary Public 1 'i County Y ORE .,:' •+ Appt.NO.92-1546-1 ;,.E.. Mgrth 19,2019 S-1 • 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: el!I M" I.S Title: A - , , In State of Nevada } )ss. County of Clark } On �(/ . c 3, 2O � , personally appeared before me, a Notary Public, ro es S o be. , personally known (or proved)to me to be the person whose name is subscribed to the above instrument who acknowledged that she executed the above instrument. (IjLA Notary Public VFII: ' a ' ' ; MATE VESTIN REALTY MORTGAGE II,INC., itvwoi► , � C T& E1► I a Maryland corporation, ++;; Appt. No.92-154S-1 ( as successor by merger of E Moth 14,20111j Vestin Fund II, LLC, a Nevada limited liability company I By: ` I Name: ydimiumr Title: State of Nevada } }ss. County of Clark } On . /i , personally appeared before me, a Notary Public, ni e! 4, bb5 , personally known (or proved)to me to be the person whose name is subscribed to the above instrument who acknowledged that she executed the above instrument. 0/Aar _ /r4-40,.- STATE County f cows County d cows Notary Public T.GOREY 7-� , +,1 Appt. No.92-1944-1 M E •es MMOA 11I,2019 S-2 VFIII: VESTIN FUND III,LLC, a Nevada limited liabili company By: f� Name: 7111g110 • ■ Title: State of Nevada } }ss. County of Clark / On Aab. p�?3� 2DICP , personally appeared before me, a Notary Public, n �( (3,57-1y6}15 , personally known (or proved) to me to be the person whose name is subscribed to the above instrument who acknowledged that she executed the above instrument. (1111140 (own 1 county to Notary Public Mvi•No.f2-1MS-1 CATH\0046-57 Verano Development Agreement\105-Corrective Quitclaim Deed PSRV to CITY re 677-551-031-7 S-3 Under the provisions of Government Code 27361.7, I certify under penalty of perjury that the notary seal on the document to which this statement is attached reads as follows: Name of notary: T. Gorey Commission #: n/a Appt. No. 92-1545-1 Vendor#: n/a Date commission expires: March 18, 2019 County: n/a State: Nevada Place of Execution: Corona Date: 3/17/2016 Signature: 1") Cathedral City CERTIFICATE OF ACCEPTANCE THIS IS TO CERTIFY that the interest in real property conveyed by Quitclaim Deed, dated February 23, 2016 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 14th day of March, 2016, 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 14th day of March, 2016 racey R.. artinez, CMC Deputy City Clerk City of Cathedral City APN No. 677-551-031-7 • I certify under Penalty of Perjury under the laws of the State of California that the below submitted for clarity are true and correct. The City of Cathedral City Incorporated 1981 California First American Title Company, National Home Builders 1250 Corona Pointe Court,Suite 201 Corona, CA 92879 EXHIBIT A LEGAL DESCRIPTION The following legal description of a parcel of land in the City of Cathedral City, County of Riverside, State of California, was contained in the Quitclaim Deed from Vestin Mortgage,LLC, et al, to the City of Cathedral City, recorded on July 29, 2015, as Instrument No. 2015-0337060, and in the Quitclaim Deed from the City of Cathedral City to Verano Recovery,LLC, recorded on July 29, 2015, as Instrument No. 2015-0337061, both in Official Records of Riverside County: PARCEL E,IN THE CITY OF CATHEDRAL CITY, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA,AS DESCRIBED IN THE CERTIFICATE OF COMPLIANCE FOR LOT LINE ADJUSTMENT NO. 04-402 RECORDED ON MARCH 11,2015 AS DOCUMENT NO.2005-0197974 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. The above legal description inadvertently omitted a 6.50 foot wide portion of the parcel which was originally intended to be conveyed by the Grantors, and is hereby corrected by the Grantors as follows: PARCEL E,IN THE CITY OF CATHEDRAL CITY,COUNTY OF RIVERSIDE,STATE OF CALIFORNIA,AS DESCRIBED IN THE CERTIFICATE OF COMPLIANCE FOR LOT LINE ADJUSTMENT NO. 04-402 RECORDED ON MARCH 11,2015 AS DOCUMENT NO. 2005-0197974 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. APN 677-551-031 and a portion of 677-551-030