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B - Substitution of Trustee and Full Reconveyance with Trustor Consent

Cupertino City Council
September 3, 2025

Document
B - Substitution of Trustee and Full Reconveyance with Trustor Consent
Meeting
September 3, 2025
Body
Cupertino City Council
Original file
374 KB
Text extracted from the city's file for reading and search. Open the original on legistar.granicus.com. That file is the official record.

RECORDING REQUESTED BY
AND WHEN RECORDED MAIL TO:

NAME City of Cupertino
ADDRESS 10300 Torre Ave
CITY Cupertino
STATE & ZIP CA 95014

SUBSTITUTION OF TRUSTEE AND FULL RECONVEYANCE

WITH TRUSTOR CONSENT
APNs 316-52-001 through 205 Exempt from payment of recording fees per Govt Code § 6103.

THE CITY OF CUPERTINO is the beneficiary ("City"), under that certain Performance Deed of Trust dated Marc 17, 2015, executed by CUPERTINO PROPERTY DEVELOPMENT I, LLC, a California limited liability company as "trustor", and CHICAGO TITLE COMPANY as "trustee" which was recorded on April 10, 2015 as Instrument No. 22913411 in the Official Records of Santa Clara County, California, ("Deed of Trust") and affecting the land described in said Deed of Trust ("Property"). Trustor represents and warrants that it currently owns the Property and consents to this reconveyance.

City hereby:
• As beneficiary, substitutes itself as trustee under the Deed of Trust and accepts such appointment; and • As substitute trustee, hereby RECONVEYS WITHOUT WARRANTY, TO THE PERSON OR PERSONS LEGALLY ENTITLED THERETO, all of the estate, title and interest held by it as trustee under the Deed IN WITNESS WHEREOF, City as beneficiary and successor trustee AND Trustor have caused this instrument to be executed by its duly authorized officer.

As Beneficiary and Trustee:

TRUSTOR CONSENTS TO THIS RECONVEYANCE: CITY OF CUPERTINO, a municipal corporation

CUPERTINO PROPERTY DEVELOPMENT I, LLC,
a California limited liability company
By:

By: Monterosso LLC, a California limited liability Tina Kapoor, Interim City Manager company
Manager ATTEST:
/
Aurie M.H. Char
By:

Annie M. H. Chan Kristen Squarcia, MMC, City Clerk
Member
01276.0013 2034684.1
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.

HAWAII

STATE OF CALIFORNIA DA )
) ss.

COUNTY OF HONOLULU )
08/27 DOKI AN
2025 before me, → a notary public,
personally appeared Annie M. H. Chan who proved to
me on the basis of satistactory evidence to be the person(s) whose name(s) is/are subscribed to the withir instrument and acknowledged to me that he/she/they executed the same in his/her/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 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.

Do di An
23-254
Notary Public
OF
SEAL:

NOTARY VERTENATE

FIRST CIRCUIT
: NUBARY
So di su 28/27/2025 13/01/302 : 23-254

SIGNATURE DATE COMM EXP
01276.0013 2034684.1

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