HomeMy WebLinkAboutFMAP-0602-2022 20230405 05_20230130; CLTA Subdivision Guar Form 14 4-10-75-N
Form No. 14 Order Number: 4001-
6915343
CLTA Subdivision Guarantee (4-10-75) Page Number: 1
First American Title Insurance Company
SUBDIVISION GUARANTEE
Fee: $990.00
No.:
Subdivision: Parcel Map SLO 21-0007
First American Title Insurance Company
a corporation
GUARANTEES
The County of San Luis Obispo and any City within which said subdivision is located in a sum not
exceeding $10,000.00.
That, according to those public records which, under the recording laws, impart constructive notice of
matters affecting the title to the land included within the exterior boundary shown on the map of the
above referenced subdivision, the only parties having any record title interest in said land whose
signatures are necessary, under the requirements of the Subdivision Map Act, on the certificates
consenting to the recordation of said map and offering for dedication any streets, roads, avenues and
other easements offered for dedication by said map are:
Laurel Creek, LP, a California limited partnershp
EXCEPTIONS FROM COVERAGE
1. An easement for sewer trunk line, ingress, egress and incidental purposes, recorded August 28, 1956
as Book 860, Page 137 of Official Records.
In Favor of: City of San Luis Obispo
Affects: Parcel A
2. An easement for water line installation, maintenance, ingress, egress and incidental purposes,
recorded March 27, 1959 as Book 990, Page 532 of Official Records.
In Favor of: City of San Luis Obispo
Affects: Parcel A
3. An easement for drainage, underground utilities, ingress, egress and incidental purposes,
recorded October 11, 1979 as Book 2192, Page 699 of Official Records.
In Favor of: The Vetter Group, Inc., an Illinois corporation
Affects: As described therein
4. An easement for avigation and incidental purposes, recorded September 21, 2000 as Instrument No.
2000-054272 of Official Records.
In Favor of: County of San Luis Obispo, a political subdivision of
the State of California
Affects: said land
Form No. 14 Order Number: 4001-
6915343
CLTA Subdivision Guarantee (4-10-75) Page Number: 2
First American Title Insurance Company
5. An easement for permanent telecommunications, ingress, egress and incidental purposes,
recorded December 12, 2013 as Instrument No. 2013-067838 and recorded March 12, 2014 as
Instrument No. 2014-009569 of Official Records.
In Favor of: Sprint Communications Company L.P.
Affects: portion of said land
6. An easement for the transportation and distribution of natural gas and communications, ingress and
egress; and incidental purposes, recorded October 22, 2020 as Instrument No. 2020-059399 of
Official Records.
In Favor of: Southern California Gas Company, a California
corporation
Affects: a portion of said land
7. An easement shown or dedicated on the map filed or recorded November 25, 2020 as Book 82,
Pages 82 through 85 of Parcel Maps
For: public utilities, street tree, pedestrian easement, public sewer,
private drainage; and incidental purposes.
8. The Terms, Provisions and Easement(s) contained in the document entitled "Reciprocal Easement
Agreement and Declaration of Covenants, Conditions and Restrictions for Parcel Map SLO 19-0114"
recorded November 25, 2020 as Instrument No. 2020-069315 of Official Records.
9. A deed of trust to secure an original indebtedness of $44,500,000.00 recorded April 1,
2021 as Instrument No. 2021-024687 of Official Records.
Dated: March 31, 2021
Trustor: Laurek Creek, LP, a California limited partnership
Trustee: First American Title Company
Beneficiary: CPIF California LLC, a California limited liability company
(Affects Portion of said land lying within former Parcel 1 of Parcel Map SLO 19-0114)
A document recorded July 5, 2022 as Instrument No. 2022-027658 of Official Records provides
that the deed of trust or the obligation secured thereby has been modified.
10. A deed of trust to secure an original indebtedness of $10,000,000.00 recorded April 1,
2021 as Instrument No. 2021-024689 of Official Records.
Dated: March 31, 2021
Trustor: Laurel Creek II, LP, a Delaware limited partnership
Trustee: First American Title Insurance Company, a Nebraska Corporation
Beneficiary: Ottley Properties, LLC, a Delaware limited liability company
(Affects Portion of said land lying within former Parcel 2 of Parcel Map SLO 19-0114)
Form No. 14 Order Number: 4001-
6915343
CLTA Subdivision Guarantee (4-10-75) Page Number: 3
First American Title Insurance Company
11. A deed of trust to secure an original indebtedness of $44,500,000.00 recorded April 1,
2021 as Instrument No. 2021-024690 of Official Records.
Dated: March 31, 2021
Trustor: Laurel Creek II, LP, a Delaware limited partnership
Trustee: First American Title Company
Beneficiary: CPIF California LLC, a California limited liability company
(Affects Portion of said land lying within former Parcel 2 of Parcel Map SLO 19-0114)
A document recorded July 5, 2022 as Instrument No. 2022-027658 of Official Records provides
that the deed of trust or the obligation secured thereby has been modified.
12. A claim of lien recorded December 30, 2022 as Instrument No. 2022-049796 of Official Records.
Lien claimant: Winkles Enterprise
Amount: $479,951.79
The map hereinbefore referred to is a subdivision of:
(Parcel 1 of SLO AL 22-0011 – Doc. #2022-032524)
Those portions of Parcel 1 and Parcel 2 of Parcel Map SLO 19-0114, in the City of San Luis Obispo,
County of San Luis Obispo, State of California, according to map recorded November 25, 2020 in Book
82, Page 82 of Parcel Maps, filed in the office of the County Recorder of said County, lying southerly and
southwesterly of the following described line:
Beginning at the southeasterly corner of said Parcel 2, being a point in the westerly right of way line of
Laurel Lane, 81.00 feet wide, as shown on said map; thence along the southerly line of said Parcel 2,
North 57°16’14” West 337.08 feet, to an angle point on said line; thence South 48°53’54” West 51.39
feet to a point on said line; thence leaving said line, North 57°36’19” West 28.10 feet; thence North
12°17’31” West 24.98 feet; thence North 57°12’35” West 168.58 feet; thence North 32°42’19” East 50.90
feet; thence North 57°17’41” West 290.55 feet; thence South 32°42’19” West 16.63 feet; thence North
57°17’41” West 275.64 feet, more or less, to a point on the westerly line of said Parcel 1, distant South
41°13’29” West 117.83 feet from the most northerly corner of said Parcel 1 as shown on said map.
Dated: 01/30/2023