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Substitution of Trustee and Full Reconveyance 2750 Artesia Blvd Unit 115 031423 f

Redondo Beach City Council
April 4, 2023

Document
Substitution of Trustee and Full Reconveyance 2750 Artesia Blvd Unit 115 031423 f
Meeting
April 4, 2023
Body
Redondo Beach City Council
Original file
159 KB
Text extracted from the city's file for reading and search. Open the original on redondo.legistar1.com. That file is the official record.

RECORDING REQUESTED BY:

Chicago Title Insurance Company

WHEN RECORDED MAIL TO
Kyong Morrison
34 San Clemente Drive
Rancho Palos Verdes, California 90275
(SPACE ABOVE IS RESERVED FOR RECORDER’S USE)

SUBSTITUTION OF TRUSTEE AND FULL RECONVEYANCE
The undersigned City of Redondo Beach and the Housing Authority of the City of Redondo Beach are collectively the present Beneficiary under the Performance Deed of Trust dated as of March 1, 2011 and recorded on March 29, 2011 as Instrument No. 20110464143, Official Records of Los Angeles County, California, and executed by Kyong Morrison as Trustor, and Lawyers Title Company as Original Trustee. Beneficiary hereby appoints and substitutes the City of Redondo Beach ,a chartered municipal corporation and the Housing Authority of the City of Redondo Beach, a public body, corporate and politic (collectively the “City/Authority”) as the new and “Substituted Trustee” under the Performance Deed of Trust.

As duly appointed Substituted Trustee, the undersigned City/Authority does hereby reconvey to the person or persons legally entitled thereto, without warranty all of the estate, title and interest acquired by the Original Trustee and by the City/Authority as the Substituted Trustee under the Performance Deed of Trust as to certain real property described in the Legal Description, Exhibit A, attached and herby fully incorporated.

IN WITNESS WHEREOF, the owner and holder above named and the City of Redondo Beach and the Housing Authority of the City of Redondo Beach as Substituted Trustee has caused this instrument to be executed each in its respective interest.

Dated this 14th day of March, 2023
Housing Authority of the City of Redondo Beach, a public body, corporate and politic By:

William C. Brand
Chairman
City of Redondo Beach, a chartered municipal corporation By:

William C. Brand
Mayor
A notary public or other officer completing this certificate only verifies the identity of the individuals who signed documents to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.

STATE OF CALIFORNIA

COUNTY OF LOS ANGELES
On this ____ day of _________________, 20__, before me, _______________________, Notary Public, personally appeared, _________________________________, 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 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 person(s) acted, executed the instrument.

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.

Signature: ________________________________ (Seal)
A notary public or other officer completing this certificate only verifies the identity of the individuals who signed documents to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.

STATE OF CALIFORNIA

COUNTY OF LOS ANGELES
On this ____ day of _________________, 20__, before me, _______________________, Notary Public, personally appeared, _________________________________, 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 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 person(s) acted, executed the instrument.

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.

Signature: ________________________________ (Seal)
1 EXHIBIT “A”

LEGAL DESCRIPTION
All that certain property situated in the County of Los Angeles, State of California, described as follows:

A CONDOMINIUM COMPOSED OF:

PARCEL 1:

THAT PORTION OF LOT 1 OF TRACT NO. 60638, IN THE CITY OF REDONDO BEACH,

IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 1328, PAGE(S) 44 AND 45 OF MAPS, DEFINED AS UNIT 115 OF MODULE 1 ON THAT CERTAIN CONDOMINIUM PLAN (''PLAN") RECORDED ON JANUARY 11, 2008, AS INSTRUMENT NO. 08-63811, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.

PARCEL 2:

AN UNDIVIDED l/48TH FEE SIMPLE INTEREST AS TENANT IN COMMON IN AND TO THE COMMON AREA OF MODULE 1 ON LOT 1 OF TRACT NO. 60638, AS MORE

PARTICULARLY DESCRIBED AND DELINEATED ON THE CONDOMINIUM PLAN REFERRED TO ABOVE.

EXCEPT THEREFROM UNITS 102 THROUGH 115, INCLUSIVE, 201 THROUGH 215,220 AND 301 THROUGH 315, INCLUSIVE, 319 AND 320, AS DEFINED AND DELINEATED ON A CONDOMINIUM PLAN RECORDED JANUARY 11, 2008, AS INSTRUMENT NO. 08- 63811, OF OFFICIAL RECORDS.

ALSO EXCEPT THEREFROM, ALL MINERALS, OILS, GASES AND OTHER

HYDROCARBONS BY WHATSOEVER NAME KNOWN THAT MAY BE WITHIN OR

UNDER SAID PORTION OF SAID LAND, WITHOUT, HOWEVER, THE RIGHT TO DRILL,

DIG OR MINE THROUGH THE SURFACE THEREOF, AS EXCEPTED IN THE DEED FROM THE STATE OF CALIFORNIA, RECORDED ON FEBRUARY 28, 1968, AS DOCUMENT NO. 2480 IN BOOK D-3925, PAGE 100, OFFICIAL RECORDS, IN SAID OFFICE OF THE COUNTY RECORDER.

EXCEPTING THEREFROM, AN EXCLUSIVE EASEMENT, FOR ALL USES AND

PURPOSES OF A BALCONY AND/OR DECK AREA OTHERS, TOGETHER WITH THE RIGHT TO GRANT TO OTHERS, OVER AND ACROSS THOSE PORTIONS OF LOT 1 OF TRACT 60638, SHOWN AND DEFINED AS “EXCLUSIVE USE COMMON AREA”, ON THE ABOVE REFERRED TO CONDOMINIUM PLAN.
2 EXCEPTING THEREFROM, AN EXCLUSIVE EASEMENT FOR ALL USES AND

PURPOSES OF A PARKING SPACE AREA TOGETHER WITH THE RIGHT TO GRANT TO

OTHER, OVER AND ACROSS THOSE PORTIONS OF SAID LAND DEFINED AND DELINEATED AS P-1 THROUGH P-191 ON THE ABOVE REFERRED TO CONDOMINIUM PLAN.

ALSO EXCEPTING THEREFORM, FOR THE BENEFIT OF GRANTOR, ITS SUCCESSORS

IN INTEREST AND OTHERS, EASEMENTS FOR ACCESS, USE ENJOYMENT,

CONSTRUCTION, REPAIRS, DRAINAGE AND FOR OTHER PURPOSES, ALL AS MORE

FULLY DESCRIBED IN THE DECLARATION OF COVENANTS, CONDITIONS AND

RESTRICTIONS FOR BREAKWATER VILLAGE HOMEOWNERS ASSOCIATION, RECORDED ON JANUARY 11, 2008, AS INSTRUMENT NO. 08-63812, OFFICIAL RECORDS AND ALL AMENDMENTS AND SUPPLEMENTS THERETO.

PARCEL 3
AN EXCLUSIVE EASEMENT, APPURTENANT TO PARCEL 1 ABOVE, FOR ALL USES

AND PURPOSES OF A BALCONY AREA AND/OR DECK AREA OVER AND ACROSS THAT PORTION OF THE COMMON AREA WITHIN MODULE 1 OF LOT 1 OF SAID TRACT NO. 60638, DEFINED AND DELINEATED AS EXCLUSIVE USE COMMON AREA, WHICH BEARS THE SAME NUMBER AS TO THE UNIT REFERRED TO IN PARCEL 1 ABOVE FOLLOWED BY THE LETTER "Y" ON THE ABOVE REFERENCED CONDOMINIUM PLAN.

PARCEL 4
AN EXCLUSIVE EASEMENT, APPURTENANT TO PARCEL 1 ABOVE, FOR ALL USES

AND PURPOSES OF A PARKING SPACE AREA OVER AND ACROSS THAT PORTION OF THE COMMON AREA WITHIN MODULE 1 OF LOT 1 OF SAID TRACT NO. 60638,

DEFINED AND DELINEATED AS EXCLUSIVE USE COMMON AREA, ON THE CONDOMINIUM PLAN REFERRED TO IN PARCEL 1 ABOVE FOLLOWED BY THE LETTER “P-76”.

Assessor’s Parcel Number: 4082-012-076

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