HomeMy WebLinkAboutD-2156 Subordination Agreement - MI San Luis Ranch, Deed of Trust Beneficiary - Granite Construction Company - Supplemental Declaration2020050233
Tommy Gong
San Luis Obispo - 09/15/2020 12:20 PM County Clerk -Recorder
RECORDING REQUESTED BY AND Recorded at the request of:
WHEN RECORDED RETURN TO: PUBLIC
Titles: 1 Pages: 2
City of San Luis Obispo Fees: $0.00
Attn: City Clerk Total : $0.00
990 Palm Street CEIVED
San Luis Obispo, C. 93401OCT 2 a ZOZO
5LO CITY CLERK
PTN APN 053-153-001 (PTN FRMR APN 067-121-022) Space above this line for Recorder's Use
NO RECORDING FEE — PUBLIC AGENCY — Government Code § 6103
SUBORDINATION AGREEMENT
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
/SUPPLEMENTAL MASTER DECLARATION OF
".ESTRICTIONS FOR SAN LUIS RANCH
RESIDENTIAL NEGHBORHOOD previously recorder recorded concurrently herewith, and
does hereby subordinate the interests of its DEED OF TRUST to the entire effect of that
SUPPLEMENTAL MASTER DECLARATION OF RESTRICTIONS FOR SAN LUIS RANCH
RESIDENTIAL NEGHBORHOOD. * dvGumeyrl ho. 2020C)4cj551
SIGNED AND EXECUTED this 28th day of August , 2020.
DEED OF TRUST BENEFICIARY
GRANITE CONSTRUCTION COMPANY, a California corporation
By: e2t�:�
Name: Kenneth OIson
Its: Vice President
[Notary Acknowledgement Attached.]
BENEFICIARY MUST SIGN STATEMENT.
TRUSTEE CANNOT SIGN ON BEHALF OF BENEFICIARY.
Granite Subordination
(09-11-2019)
P 2-1.%
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
CIVIL CODE § 1189
rrvlary punnc 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
County of Santa Cruz
On August 2$ 2424 before me, ennifer Bowfin otanr Public
personally appeared Here Insert Name and Title of the Officer
Kenneti, Olson
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 subscrl
to the within Instrument and acknowledged to me that helsheAhey executed the same In his/her/their bed
authorized caPEICI [les), and that by hislherAheir signature(s) on the Instrument the person(s), or the entity
upon behalf of which the person(s) acted executed the Instrument
1;;;;7JENNIFER BOWLING
NotaryPubli -California lialz
Santa Cruz County n
19 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 and
Signature
OPTIONAL
Completing this information can deter alteration of the document or
fraudulent reattachment of this form t�j an {!ni t
Description of A MI San Luis Ranch, Lt.0 {C}xncr}nigtgr7000 documenCompany teethed Document FRMR APN 067-121-022) / Deed of Trust to Supplemental Master Declaration f Bons forSanL) s Ran
Title or Type of Document:
Document Date: _NIA
San Luis Obis
._ a, CA
Of Notary Public
Signer(s) Other Than Named Above: I
Number of Pages: —_NLA—_— l
Capacity(ies) Claimed by Signer(s)
Signer's Name:
❑ Corporate Officer — Title(s):
❑ Partner — ❑ Limited ❑ General
❑ Individual ❑ Attorney In Fact
❑ Trustee ❑ Guardian of Conservator
❑ Other:
Signer is Representing:
02017 National Notary Association
Signer's Name: N A
❑ Corporate Officer — Title(s):
❑ Partner— ❑ Limited ❑ General
❑ Individual ❑ Attorney In Fact
❑ Trustee ❑ Guardian of Conservator
❑ Other:
Signer Is Representing:
?N 053-153-001 (PTN
Residential Neighborhood
END OF DOCumPlUT