HomeMy WebLinkAboutD-2162 Subordination Agreement - MI San Luis Ranch, Deed of Trust Beneficiary - Granite Construction Company - Consent to Dedicate Auxiliary Ln2020050239
RECORDING REQUESTED BY AND
WHEN RECORDED RETURN TO:
City of San Luis Obispo
Attn: City Clerk
990 Palm Street
San Luis Obispo, CA 9340
RECEIVED
0 C T 2 8 2020
PTN APN 053-153-00t (PTN FRMR APN 067-
NO RECORDING FEE — PUBLIC AGENCY — Government Code § 6103
Tflmmy Ganq
San Luis QE�ispo — County Clerk —Recorder
09/15/2020 12:20 PM
Recorded at the request of:
PUBLIC
Titles: 1 Pages: 2
Fees: $0.00
Taxes: 0.00
Total: 10.00
11119MRINION�4M111N1
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 to s and provisions of the OFFER TO
DEDICATE — AUXILIARY LANE previously recorded'br recorded concurrently herewith, and
does hereby subordinate the interests of its DEED OF TRUST to the entire effect of that OFFER
TO DEDICATE —AUXILIARY LANE. -* Qo C U w1eyL+ l'lo . 20 Zoo49 55 8
SIGNED AND EXECUTED this 28th day of August , 2020.
DEED OF TRUST BENEFICIARY
GRANITE CO TRUCTION CO ANY, a California corporation
By:
Name: �K�nnelh Olson _
Its:
[Notary Acknowledgement Attached]
BENEFICIARY MUST SIGN STATEMENT.
TRUSTEE CANNOT SIGN ON BEHALF OF BENEFICIARY.
Granite Subordination
/09-1l-_'019)
k? 2k �- Z
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
CIVIL C
ODE g 1189
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
County of Santa Cruz }
On Au ust 28 2020 before me, Jennifer RowIin Nata Pu6�ic
Date Here Insert Name and Title of the Officer
personally appeared
Kenneth 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 subscribed
to the within instrument and acknowledged to me that helsheAhey executed the same In hislherlthelr
authorized capaclty(les), 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
NotaryPublic- California r
Z c 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 ininrmOtion can deter alteration of the document or
fraudulent reattachment of this farm t an unintended dacumen{
M1 San Luis Ranch, LLi Owner] an Ora nite Cvnstnution &mpany (9enertciary)1 P
Description of Attached DOCUment(PTN 1'RMR APRs 067-121-022) I Decd or'rrust to Offer to Dedicate - Auxiliary Lane
Title or Type of Document: San Luis Obispo, CA
Document Date: NZA Number of Pages:N_ _
Signers) Other Than Named Above:
Capeclty(Ies) Claimed by Signer(s)
Signer's Name: Signer's Name: N/A
❑ Corporate Officer — Tltle(s): ❑ Corporate Officer — Title(s):
❑ Partner — ❑ Limited ❑ General ❑ Partner — ❑ Limited ❑ General
❑ Individual ❑ Attorney In Fact ❑ Individual
ElTrustee ❑ Guardian of Conservator ❑ Trustee ❑Attorney In Fact
❑ Other: ❑Guardian of Conservator
❑Other:
Signer is Representing:
— Signer is Representing:..
02017 National Notary Association
053-153-001
END OF DOCUMENT