HomeMy WebLinkAboutD-2168 Subordination Agreement - MI San Luis Ranch, Deed of Trust Beneficiary - Granite Construction Company - Stormwater & Maintenance AgreementJ
RECORDING REQUESTED BY AND
WHEN RECORDED RETURN TO:
City of San Luis Obispo
Attn: City Clerk
990 Palm Street
San Luis Obispo, CA F3
1 RECEIVED
L
0 C T 2 8 2020
PTN APN 053-153-001 (PTN FRMR APN 067.121-fl22)
NO RECORDING FEE — PUBLIC AGENCY — Government Code § 6103
Tommy Gong
San Luis Obispo - County Clerk -Recorder
09/15/2020 12:20 PM
Recorded at the request of:
PUBLIC
Titles: 1 Pages: 2
Fees: $0.00
Taxes: 10.00
Total: 0.00
11119EI'RFOW,rKOAU11111
SUBORDINATION AGREEMENT
Space above this line for Recorder's Use
NOTICE: THIS SUBORDINATION AGREEMENT RESULTS IN YOUR SECURITY INTEREST
IN THE PROPERTY BECOMING SUBJECT TO AND OF LOWER PRIORITY THAN
THE LIEN OF SOME OTHER OR LATER SECURITY INSTRUMENT. (THIS
NOTICE REQUIRED BY CALIFORNIA CIVIL CODE SECTION 2953.3.)
The undersigned, beneficiary under that certain DEED OF TRUST, SECURITY AGREEMENT,
ASSIGNMENT OF RENTS AND FINANCING STATEMENT dated July 22, 2019, between MI
SAN LUIS RANCH, LLC, a Delaware limited liability company ("Owner"), whose mailing
address is POST OFFICE BOX 3460, SAN LUIS OBISPO, CA 93403-3460; and GRANITE
CONSTRUCTION COMPANY, a California corporation (`Beneficiary"), whose mailing address
is POST OFFICE BOX 50085, WATSONVILLE, CA 95077-5085 for Real Property located at
1035 MADONNA ROAD, SAN LUIS OBISPO, CALIFORNIA, recorded September 5, 2019, as
Document No. 2019-037382, in the Official Records of the County of San Luis Obispo, State of
California, does hereby consent to each and all of the terms and provisions of the STANDARD
PRIVATE STORMWATER CONVEYANCE SYSTEM MANAGEMENT AND
MAINTENANCE AGREEMENT previously recoidcM recorded concurrently herewith, and
does hereby subordinate the interests of its DEED OF TRUST to the entire effect of that
STANDARD PRIVATE STORMWATER CONVEYANCE SYSTEM MANAGEMENT AND
MAINTENANCE AGREEMENT.* D�Lumeyl+ Yip. zo-w U¢9c�+
SIGNED AND EXECUTED this 28th day of August , 2020.
DEED OF TRUST BENEFICIARY
GRANITE CON T UCTION CO ANY, a California corporation
By:
Name:
Its: Yic j? sident��-
[Notary Acknowledgement Attached.]
BENEFICIARY MUST SIGN STATEMENT.
TRUSTEE CANNOT SIGN ON BEHALF OF BENEFICIARY.
Giani[e Subordination
M9-1 1-2019)
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CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189
l�S.l�i�r?.r�3�[e�:d#s��S4�?�3sf3��ti+��°lc�ti4sgyrsE3�IR��G��u��s�i�Yk�E�}Yi�l��3li'J�fial
A notary public or other officer completing this certificate verifies only the identityof 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
Santa Cruz
On August 28, 2020 before me, Tennifer Bowfin Nota Public
Date Here Insert Name and Title of the Officer
personally appeared
Kenneth
Name(s) of Signer(s)
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 helshe/they executed the same In hlslher/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 person(s) acted, executed the Instrument.
JENNIFER BOWLING
Notary Public- California
Santa Cruz County
Commission # 2182065
My Comm. Expires Feb 28, 2021
Place Notary Seal and/or Stamp Above
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
Signature
OPTIONAL - --
of Notary Public
Completing this information can deter alteration of the document or
fraudulent reattachment of thiform to (/nintended document
MI San Luis Ranc , LLC (Owner) and Granite Construction Company (Beneficiary) / PTN APN 053
Description of Attached Document067-121-022) / Deed of Trust to Standard Private Stormwater Conveyance System Management & M
Title or Type of Document: San Luis Obispo, CA
Document Date: N/A NumberofPages: N/A _
Signer(s) Other Than Named Above: _NIA
Capaclty(ies) Claimed by Signer(s)
Signer's Name: N/A_
❑ Corporate Officer — Tltle(s):
❑ Partner — ❑ Limited ❑ General
❑ Individual ❑ Attorney In Fact
❑ Trustee ❑ Guardian of Conservato
Signer's Name: N/A
❑ Corporate Officer — Tltle(s):._
❑ Partner — ❑ Limited ❑ General
❑ Individual ❑ Attorney In Fact
r ❑Tr
❑ Other: ustee ❑ Guardian of Conservator
❑Other:
Signer is Representing: _ Signer Is Representing:
OWN* ""WAWARI"M
i'
02017 National Notary Association
1 (PTN FRMR APN
ice Agreement
END OF DOCUMENT