CC - Item 5F - Adams Ranch Mutual Water Company - Deed of Trust and Re-Conveyance E M
5 M E
�S ° ROSEMEAD CITY COUNCIL
STAFF REPORT
mtoal�
TO: THE HONORABLE MAYOR AND CITY COUNCIL MEMBERS
FROM: JEFF ALLRED, CITY MANAGER 01
DATE: FEBRUARY 23, 2016
SUBJECT: ADAMS RANCH MUTUAL WATER COMPANY— DEED OF TRUST AND
RE-CONVEYANCE
SUMMARY
The City Attorney was contacted by Legal Counsel for the Adams Ranch Mutual Water
Company. Adams Ranch is currently in negotiations to be purchased by California
American Water (Cal Am). As a part of the purchase process it was found that there
was recorded on Adams Ranch's title a Deed of Trust dated from May 1, 2001 for a
$150,000 loan to Adams Ranch from the City of Rosemead as the Lender.
RECOMMENDATION
That the City Council re-convey and surrender a $150,000 Deed of Trust to Adams
Ranch Mutual Water Company for construction and operation of a water well for 10
years and authorize the City Manager to sign the attached re-conveyance document to
effectuate such re-conveyance, which has been reviewed by the City Attorney.
BACKGROUND
The Deed of Trust provides that upon completion of 10 years of satisfactory
performance in accordance with the Owner Participation Agreement (OPA) or
repayment of all sums, Adams Ranch shall request that the City re-convey and
surrender the Deed of Trust. Neither City staff nor Adams Ranch have been able to
locate the OPA therefore the details of performance to allow forgiveness of the loan
under the OPA cannot be specifically verified. The understanding of Adams Ranch was
that the $150,000.00 was given to Adams Ranch to build a water well and then to
operate and maintain it for a period of 10 years and that the loan would be forgiven.
This circumstance is consistent with the Deed of trust which permits performance for 10
years or payment. Adams Ranch's attorney stated that a well was built and that it was
maintained for 10 years. Based on the Deed of Trust and the failure to be able to
ITEM NO. 5.F
City Council Meeting
February 26,2016
Page 2 of 2
locate the OPA and information from Adams Ranch the City Council may deem it
appropriate to re-convey and surrender the Deed of Trust back to Adams Ranch.
Public Notice Process
This item has been noticed through the regular agenda notification process.
Prepared by:
Rachel Richman
City Attorney
Burke, Williams & Sorenson, LLP
Attachments: 1) Deed of Trust
2) Reconveyance
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92-0040012
RE oRDED.PILEDNCFTMIV.E RECORDS
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SPACE ABOVE THIS LINE FOR RECORDERS USE
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Assessor's Identification Number(AIN)
To Be Completed By Examiner OR Title Company In Black Ink Number of Parcels Shown
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THIS FORM IS NOT TO BE DUPLICATED
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SPACE ABOVE THIS LINE FOP RECORDER'SUSE •
DEED OF TRUST
THIS DEED OF TRUST is made this 474 4.zoo
among the Trustors, Adams Ranch Mutual WaSr Company (herein "Borrower), the
Community Development Division of the City of Rosemead, (herein Trustee), and the
Beneficiary,the CITY OF ROSEMEAD.a municipal corporation organized and existing
• under the laws of California-(hereimtiendert)::-. • .. .. ,. .. .
BORROWER, Inconsideration of the indebtedness herein recited and the trust
herein created,irrevocably grants and conveys to Trustee,in trust.with power of sale.the
following described property located in the county of Los Angeles,State of California:
See attached Exhibit"A"
which has the address of 9246 Lower Azusa Road(Street),Rosemead(City),California.
91770(Zip Code)(herein"Property Address"):
TOGETHER with all the improvements now or hereafter erected on the property,
and all easements, rights, appurtenances and rents (subject however to the rights and
authorities given herein to Lender to collect and apply such rents), all of which shall be
deemed to.be:togelher with said property(or the leasehold estate if this Deed of Trust is on
a leasehold)are hereinafter referred to as the"Property"; - -
TO SECURE to Lender the repayment of the.ndebtedness evidenced by Borrowers
note dated 27M7 r.tdp/ and extensions and renewals thereof(herein"note"),in the
- - -principal sum of U.S.$150,000.00, providing for monthly installments of principal,with the
balance of the indebtedness,if not sooner paid,due and payable on `Pdw/ ,2011,the
payment of all other sums, with interest thereon, advanced in acco ance herewith to
protect the security of this Deed of Trust; and the performance of the covenants and
agreements of Borrower herein contained, and contained in that certain Owner
Participation Agreement entered "into between Borrower and Lender dated
flat / Zoo I
Borrower covenants that Borrower is'Iawf ullyseized'of the•estate-hereby conveyed---- -
and has the right to grant and convey the Properly,and that the Property is unencumbered
except for encumbrances of record. Borrower covenants that Borrower warrants and will
defend generally the title to the Property against all claims and demands, subject to
encumbrances of record.
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UNIFORM COVENANTS. Borrower and Lender covenant and agree as follows: 3
1. Payment of Principal. Borrower shall promptly pay when due the principal and
interest evidenced by the Note. 02 040012
2. Application of Payments. Unless applicable law provides otherwise,all payments
received by Lender under the Note shall by applied by Lender in accordance with
paragraph 1 hereof.
3. Maintenance and Repair To keep the Property in good condition and repair;not
to remove or demolish any buildings on the Property;to complete or restore promptly and
in good and workmanlike manner any building that may be constructed, damaged, or
destroyed on the Properly; to comply with all laws affecting Property or requiring any
alterations or improvements to be made on the Property;not to commit or permit waste of
• the Property; not to commit,suffer or permit any act upon the Property in violation of the
law,and to cultivate, irrigate,prune and do all other acts that from the character or sue of
the Property may be reasonably-necessary.-
4. Prior Mortgages and Deeds of Trust;Charges;Liens. Borrower shall perform all
of Borrower's obligations under any mortgage,deed of trust or other security agreement
with a lien which has priority over this Deed of Trust, including Borrowers covenants to
make payments when due. Borrower shall pay or cause to be paid all taxes,assessments
and other charges,fines and impositions attributable to the Property which may attain a
priority over this Deed of Trust and leasehold payments or ground rents,if any.
5. Hazard Insurance. Borrower shall keep the improvements now existirg or
hereafter erected on the Property insured against loss by fire,hazards included within the
term'extended coverage",and such other hazards as Lender may require and in such
amounts and for such periods as Lender may require. The insurance carrierproviding the
insurance shall be chosen by Borrower subject to approval by Lender;provided,that such
---..approval shall notbeunre.asonably withheld. All insurance policies and renewals thereof
shall be in a form acceptable to Lender and shall include a standard Mortgage clause in —
favor of and in a form acceptable to Lender. Lender shall have the right to hold the
polices and renewals thereof,subject to the terms of any mortgage,deed of trust or other
security agreement with a lien which has priority over this Deed of Trust.In the event of
-_=loss.r..Bgtrowecshaigiye prompt notice to the insurance carrier and Lender. Lendecmay_
make prdof of loss if not made.promptly by Borrower: If the Properly is abandoned by
Borrower,or if.Borrower fails to respond to Lender within 30 days from the date notice is
mailed by Lender to Borrower that the insurance carder offers to settle a claim for
insurance benefits. Lender is authorized to collect and apply the insurance proceeds at
Lender's option either to restoration or repair of the Property or to the sums secured by
th:s Deed of Trust.
•
Protection of Lenders Security. If Borrower fails to perform the agreements
contained in this Deed of Trust, or if any act on or proceeding is commenced which
materially affects Lender's interest in the Property,then Lender,at Lender's option,upon
notice to Borrower, may make such appearances, disburse such sums, including
reasonable attorneys fees, and take such action as is necessary to protect Lender's
interest. Any amounts disbursed by Lender pursuant to this paragraph 5,with interest
thereon, at the interest rate,allowed bylaw in effect at the Site thereof, shall become
additional indebtedness of Borrower secured by this Deed of Trust Unless Borrower and
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Lender agree to other terms of payment;such amounts shall be payable upon notice from
Lender to Borrower requesting payment thereof. Nothing contained in this paragraph 6
'shall require Lender to incur any expense or take any action hereunder. 02 004001"
7. Payment of Liens and Taxes. To pay, at least ten (10) days before
delinquency, all taxes and assessments affecting the Property,including assessment on
appurtenant water stock; all encumbrances, charges and liens, with interest, on the
Property or any part of the Property.which appear to he prior or superior to this Deed of
Trust;and all costs,fees and expenses of this Trust.
If Borrower fails to make any payment or do any act as provided in this Deed of Trust,then
Lender or Trustee may(but is not obligated to) make the payment or do the act in the
required manner and to the extent deemed necessary by Lender to protect the security of
this demand upon Borrower and shall not release Borrower from any obligation under this
Deed of Trust. Lender shall also have the following related rights and powers:to enter
upon the Property for the foregoing purposes; to appear in and defend any action or
proceeding purporting to affect the security of this Deed of Trusl.orthe rights or powers of
the Lender,to pay,purchase.contest.or compromise any encumbrance.charge or lien
that in the judgement of either appears to be prior or superior to this Deed of Trust;to
employ counsel;and to pay necessary expenses and casts,including to pay immediately
and without demand all sums expended by Lender pursuant to this Deed of Trust,with
interest from date of expenditure at the amount allowed by law in effect at the date of this
Deed of Trust and to pay any amount demanded by Lender(up to the maximum allowed
by law at the time of demand)for any statement regarding the obligation secured by this
Deed of Trust.
E. Inspection. Lender may make or cause to be made reasonable entries upon and
inspections of the Property, provided that Lender shall give Borrower notice prior to any
such inspection specifying reasonable cause therefore related to Lender's interest in the
Property.
--9. • Condemnation.-.The.proceeds of any award or dam for damages, direct or
consequential,in connection with any condemnation or other taking of the Property,or pan
thereof,or for conveyance in lieu of condemnation,are hereby assigned and shall be paid
to Lender,subject to the terms of any mortgage,deed of trust or other security agreement
with a lien which has priority over this Deed of Trust:
10. Lender's Powers. Upon written request of Lender and presentation of this Deed of
Trust and the Note for endorsement; Lender may (a) reconvey all or any part of the
Property;(b)consent to the making and recording,or either,of any map or plat of all or any
part of the Property, (c)join in granting any easement on the Property, (d)join in the
consent to any extension agreement or any agreement subordinating the lien,
enambrance or charge of this Deed of Trust. Lender need not provide Borrower with
notice before taking any of the foregoing actions and shall not be liable for the proper _ -
=performance'of-the-act. The exercise by Lender of any of the foregoing powers shall not
affect the personal liability of any person for payment of the indebtedness secured by this
Deed of Trust,or the lien of this Deed of Trust on the remaining property as security for
repayment of the full amount secured by this Deed of Trust.
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.11. - Borrower Not Released;Forbearance by Lender Not a Waiver. Extension oftheoiN
time for payment or modification of amortization of the suns secured by this Deec of Trust (J.
. granted by Lender to any successor in interest of Borrower shall rot operate to release,in
any manner, the liability of the original Borrower and Borrower's successor in interest.
Lender shall not be required to commence proceedings against such successor or refuse
to extend time for payment or otherwise modify amortization of the sums secured by this
Deed of Trust by mason of any demand made by the original Borrower and Borrowers
successors in interest. Lender shall not be required to commence proceedings againr
such successor or refuse to extend time for payment or otherwise modify amortization of
the sums secured by this Deed of Trust by reason of any demand made by the original
Borrower and Borrower's successors in interest. Any forbearance by Lender in exercising
any right or remedy hereunder, or otherwise afforded by applicable law, shall not be a
waiver of or preclude the exercise of any such right or remedy.
12. Successors and Assigns Bound;Joint and Several Liability;Co-signers. The
covenants and agreements-herein contained shall bind, and.the rights hereunder shall
inure to, the respective successors and assigns of Lender and Borrower, subject to the
provisions of paragraph 16 hereof. All covenants and agreements of Borrower shall be
joint and several. Any Borrower who ca-signs this Deed of Trust,but does not execute the
Note, (a)is co-signing this Deed of Trust only to grant and convey that Borrower's interest
in the Property of Trustee under the terms of this Deed of Trust,(b)is not personally liable
on the Note or under this Deed of Trust,and B agrees that Lender and any other Borrower
hereunder may agree to extend,modify,forbear,or make any other accommodations with
regard to the terms of this Deed of Trust or the Note,without that Borrowers consent and
without releasing that Borrower or modifying this Deed of trust as to that Borrower's interest
in the Property.
13. Notice. Except for any notice required under applicable law to be given in another
manner, (a)any notice to Borrower provided for in this Deed of Trust shall be given by
delivering it or by mailing such notice by codified mail addressed to Borrower at the
Property Address or at such other address as Borrower may designate by notice to Lender
as provided herein,and(b)any notice to Lender shall be given by certified mail to Lender's
Address stated herein or to such other address as Lender may designate by notice to
Borrower as provided herein. Any notice provided for in this Deed of Trust shall be
_ deemed to have been given to Borrower or Lender when given in the manner designated
. -herein
14. Governing Law;Severability. The state and local laws applicable to this Deed of
Trust shall be the laws of the jurisdiction in which the Property is located. The foregoing
sentence shall not limit the applicability of Federal law to this Deed of Trust. In the event
that any provision or clause of this Deed of Trust or the Note conflicts with applicable law,
such conflict shall not affect other provisions of this Deed of Trust or the Noe which can be
given effect without the conflicting provision,and to this end the provisions of this Deed of
1S. Trust and the Note are declared to be severable. As used herein, "costs",
"expenses'and"attorneys'fees"include all sums to the extent not prohibited by applicable
law or limited herein.
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.16. Borrower's Copy. Borrower shall be furnished a conformed copy of the Note and It
of thi Deed of Trust at the time of execution or after recordation hereof. V�
17. Owner Participation Agreement. Borrower shall fulfill all of Borrower's obligations
under any Owner Participation Agreement which Borrower enters into with Lender.
Lender,at Lender's option, may require Borrower to execute and deliver to Lender,in a
form acceptable to Lender an assignment of any rights, claims, or defenses which
Borrower may have against parties who supply labor,materials or services in connection to
the Properly.
18. Transfer of the Property or a Beneficial Interest in Borrower. If all or any part of
the Properly or any interest in it is sold or transferred(or if a beneficial interest in Borrower
is sold or transferred and Borrower Is not a natural person), Lender may at its option,
require immediate payment in full of all sums secured by this Deed of Trust. However,this
option shall not be exercised by Lender if exercise is prohibited by federal law as of the
date of this Deed of Trust;or if Lendeehcs-executed a separate-written waiver of th¢
option.If Lender exercises this option,Lender shall give Borrower notice of acceleration.
The notice shall provide a period of not less than 30 days from the date the notice is
de,ivered or mailed within which Borrower must pay all sums secured by this Deed of Trust.
If Borrower fails to pay these sums pnorto the expiration of this period,Lender may invoke
any remedies permitted by this Deed of Trust without further notice or demand on
Borrower.
NONUNIFORM COVENANTS. Borrower and Lender further covenant and agree as
follows:
19. Acceleration; Remedies. Except as provided in paragraph 14 hereof, upon
Borrower's breach of any covenant or agreement of Borrower in this Deed of Trust
including the covenants to pay when due any sums secured by this Deed of Trust,Lender
----- prior to-acceleration shall'give notice to Borrower as provided in paragraph 10 hereof -
specifying(1)the breach;(2)the action required to cure such breach;(3)a date,not less
than 10 days from date of notice is mailed to Borrower, by which such breach must be
cured;and(4)that failure to cure such breach on or before the date specified in the notice
may result in acceleration of the sums secured by this Deed of Trust and sale of the
Property. Lender shall be entitled to collect all reasonable costs and expenses incurred in
pursuing the remedies provided in this paragraph 15. including. but not knifed to.
reasonable attorney's fees. If Lender invokes the power of sale.Lender shall execute or
cause Trustee to execute a written notice of the occurrence of an event of default and of
Lender's election to cause the Property to be sold and shall cause such notice to be
recorded in each county in which the Property or some part thereof is located. Lender or
Trustee shall mail copies of such notice in the manner prescribed by applicable law,
Trustee-shall give-public noticeof sale to-the persons and in the manner prescribed by - -
applicable law. After the lapse of such lime as may be required by applicable law,Trustee,
without demand on Borrower.shall sell the Property at public auction to the highest bidder
at the time and place and under the terms designated in the notice of sale in one or more
parcels and in such order as Trustee may determine. Trustee may postpone sale of all or
any parcel of the Property by public announcement at the time and place of any previously
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scheduled sale. Lender or Lender's designee may purchase the Property at any sale.
Trustee shall deliver to the purchaser Trustee's deed conveying the Property so sold
without any covenant or warranty,expressed orimplied. The recitals in the Trustee's deed C4
. shall be prima facie evidence of the truth of the statements made herein. Trustee shall f
apply the proceeds of the sale in the following order: (a)to all reasonable costs and
expenses of the sale,including.out not limited to,reasonable Trustee's and attorney's fees tfl
and costs of title evidence; (b)to all sums secured by this Deed of Trust; the excess, if 0
any,to the person or persons legally entitled thereto. Failure of Borrower to comply with O
the Owner Participation Agreement between Borrower and Lender shall be a default
hereunder.
20. Assignment of Rents;Appointment of Receiver; Lender in Possession. As
additional security hereunder,Borrower hereby assigns to Lender the rents of the Property,
provided that Borrower shall, prior to acceleration under paragraph 15 hereof or
abandonment of the Property, have the right to collect and retain such rents as they
become due and payable. Upon acceleration under paragraph 15 hereof or abandonment
of the Ptoperty;Lender, imperson;by agenhor by judicially-appointed receiver,shall be
entitled to enter upon,tale possession of and manage the property and to collect the rents
of the Property including those past due. All rents collected by Lender or the receiver shall
be applied first to premiums on receiver's bonds and reasonable attorney's fees,ano then
to the sums secured by this Deed of trust Lender and the receiver shall be liable to
account only for those rents actually received.
21. Reconveyance. Upon the(10)completion of ten years of satisfactory performance
in accordance with the Owner Participation Agreement or repayment of all sums secured
by this Deed of Trust, Lender shall request Trustee to reconvey the Property and shall
surrender this Deed of Trust and all notes evidencing indebtedness secured by this Deed
of Trust to Trustee. Trustee shall reconvey the Properly without warranty and without
charge to the person or persons legally entitled thereto. Such person or persons shall pay
all costs of recordation,if any.
22. Substitute Trustee. Lender,at Lender's option, may from time to time appoint a
successor trustee to any Trustee appointed hereunder by an instrument executed and
acknowledged by Lender and recorded in the office of the Recorder of the county where
the Property is located. The instrument shall contain the name of the original Lender.
Trustee and Borrower,the book and page where this Instrument is recorded and the name
and address of the successor trustee. The successortrusteeshall,without conveyance of
the Property,succeed to all the title,powers and duties conferred upon the Trustee herein
and by applicable law. This procedure for substitution of trustee shall govern to the
exclusion of all other provisions for substitution.
20. Request for Notices. Borrower requests that copies of the notice of default and
_— - —. -notice.of-sale be sent to Borrowers address as hereinbelow set forth:-' --- - - - - -
Lender requests that copies of notices of foreclosure from the holder of any lien
which has priority over this Deed of Trust be sent to Lenders address,as set forth
on page one of this Deed of Trust,as provided by Section 2924(b)of the Civil Code
of California.
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24. • Statement of Obligation. Lender may collect a fee not to exceed $50.60 for
. furnishing the statement of obligation as provided by Section 2943 of the Civil Code of
California. �
damstRance Mutual Water Company C4
IN WWIWHE' ",rmwer has executed his Deed of Trust. 0I
.. I mo Doaiaic_Cdw/rueti, Vice President 0
Borrower -. � r , 0
letox..XDa 1 , president J
Borrower �t
STATE OF CALI ORNIA, . ZOr 0"° County: 0
REQUEST FOR RECONVEYANCE
TO TRUSTEE: . . . ._
The undersigned is the holder of the note or notes secured by this Deed of Trust.
Said note or notes, together with all other Indebtedness secured by this Deed of Trust.
have been paid in full.You are hereby directed to cancel said note or notes and this Deed
of Trust,which are delivered hereby,and to reconvey,without warranty,all the slate now
held by you under this Deed of Trust to the person or persons legally entitled[hereto.
Dated' . .
7
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CALIFORNIA ALL.PURPOSE ACKNOWLEDGMENT
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whose name(sl tare subscribed to the within instmrnent
and ad nowledged to me Mat he/she/hey executed the
same in hisfher,eir authorized capacity(ies),and that by
• hislnerMeir signature(s)on the instrument the person(s),
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Description of Attached�G,�`ument ^� •
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Signer(s)Other Than Named Above. �— _
Capacirydes)JC�laimed by Si
• Signer's Name.AA/nut .4Cd_h Signers Name: -_ _- _
❑ Individual _ _ _ _❑ Individual
❑ Corporate Officer 17 Corporate Office - -
Tne(s): _ _ _ __ Title(s):_
O Partner-C Limited II General C Penner-0 united C General
0 Attomepin-Fact C Attomey-in-Faol
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❑ Guardian or Conservator C Guardian or Conservator
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and acknowledged la me Mat he/she/they executed the
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hislherltheir sgneture(s)on the instrument the person(s),
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• Description Of Attached D ument
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Document Date: C I O/4/._ _ _ -_Number of Pages:_/-
_-.— Signer(s)Other Then Named Above. - _- ._ =- ___
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signer's Name: 7/AAvVt ?C/A�'l_' Signer's Name: t.
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LOS ANGELES,CA Page 13 of 10 ?tinted on 1 1/912015338'.01 PM
Document TD:00.4)012
RECORDING REQUESTED BY
AND WHEN RECORDED MAIL TO
NAME James I).Ciampa, Esq.
ADDRESS 301 N. Lake Avenue,
Suite 1000
CITY Pasadena,CA 91101
STATE 8 ZIP
TITLE ORDER NO. ESCROW NO. APN NO. 8592-016-049
SUBSTITUTION OF TRUSTEE AND FULL RECONVEYANCE
WHEREAS, ADAMS RANCH MUTUAL WATER COMPANY, a California corporation, was the original
Trustor, THE COMMUNITY DEVELOPMENT DIVISION OF THE CITY OF ROSEMEAD, was the
original Trustee, THE CITY OF ROSEMEAD,a municipal corporation organized and existing under the laws of
California, was the original Beneficiary, under that certain Deed of Trust dated May I, 2001, and recorded on
January 8,2002,as Instrument No. 02-0040012 of Official Records in the office of the County Recorder of LOS
ANGELES County,California,and
WHEREAS,the undersigned Beneficiary is the present Beneficiary under said Deed of Trust,and
WHEREAS. the undersigned desires to substitute a new Trustee under said Deed of Trust in the place and stead of
said original Trustee thereunder,
NOW, THEREFORE, the undersigned hereby substitutes THE CITY OF ROSEMEAD as Trustee under said
Deed of Trust and does hereby reconvey unto the person or persons legally entitled thereto, without warranty, all
the estate, title and interest acquired by Trustee under said Deed of Trust in and to the property described on the
attached EXHIBIT A.
Dated THE CITY OF ROSEMEAD, Beneficiary/Trustee
BY:
[Insert Name]
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
)ss.
COUNTY OF
On_ ,2016.before me.
a Notary Public, personally appeared
who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the
within instrument and acknowledged to me that he/she/they executed the same in his/het/their authorized
capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of
which the persons)acted, executed the instrument. 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 official seal.
Notary Public
EXHIBIT A
Parcel I:
All that portion of Lot 1 of Block "C" Tract No. 11282, as recorded in Map Book 225 Page 42 Records of Los
Angeles County, California, lying Easterly of a line drawn from a point in the Southerly line of said Lot I, said
point being South 89'56' 15" \Vest 90.31 feet, measured along said Southerly line from the Southeasterly corner of
said Lot I, to a point in the Northeasterly line of said Lot 1, said last mentioned point being North 67°41' 50"
West 101.46 feet measured along said Northeasterly line from the Northeasterly corner of said lot I.
EXCEPT that portion lying Southerly of a line drawn 125.00 feet northerly from and parallel with the Southerly
line ofsaid Lot I.
Reserving unto Grantors, their heirs and assigns,a right of way four(4) feet wide, along, over and under the rear
line of the above described property, and also along the Easterly side thereof,and along the abutting sides, if a key
lot, for the erection, maintenance and operation of pole lines, conduits, and pipe lines, for the transmission of
electrical energy and for telephone and telegraph lines, and for the carriage and transportation of water, and for
sewers and gas mains, together with the right of entry for the purpose of constructing, erecting, operating,
repairing,maintaining and removing the same.Also the right to carry irrigation water across said lot in the cement
pipe line at the ear ofsaid lot,together with the right of ingress and egress for the maintenance thereof.
Parcel 2:
That portion of Lot 6, in Block `C"of Tract No. 11282, in the County of Los Angeles, State of California, as per
map recorded in book 225 pages 41 and 42 of Maps, in the office of the County Recorder of said County,described
as follows:
Beginning at the northeasterly corner of the southerly 125.00 feet, measured at right angles,of Lot I in said Block
"C"; thence easterly along the easterly prolongation of the northerly line of said southerly 125.00 feet to the
easterly line of said Lot 6;thence northerly along said easterly line to the northeasterly corner ofsaid Lot 6;thence
northwesterly along the northerly line of said Lot 6 to the northwesterly corner of said Lot 6; thence southerly
along the westerly line ofsaid Lot 6 to the point of beginning.
EXCEPT THEREFROM THE EASTERLY 4.00 FEET. MEASURED AT RIGIfr ANGLES, OF SAID
LAND.
C.ADA,NS RAS'CIPRecomeyance FULL RECONFEYANCEdor