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HomeMy WebLinkAboutAttachment 3: Substitution of Trustee and Full ReconveyanceRECORDING REQUESTED BY Attachment 3 AND WHEN RECORDED MAIL TO NAME City of National City Attn: Claudia Silva, City Attorney ADDRESS City Hall 1243 National City Blvd. CITY National City, CA 91950 STATE & ZIP SUBSTITUTION OF TRUSTEE AND FULL RECONVEYANCE WHEREAS, CONSTELLATION PROPERTY GROUP (A AVENUE) LP, a Delaware limited partnership, was the original Trustor, STEWART TITLE OF CALIFORNIA, INC, the original Trustee, and COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY, a public body, corporate and politic, the Beneficiary, under that certain Deed of Trust dated December 13, 2007 and recorded on December 24, 2007, as Instrument No. 2007-0789163, or in book , page , Official Records of the County of San Diego, State of California, and affecting the land described in said Deed of Trust, and WHEREAS the undersigned Beneficiary desires to substitute a new Trustee under said Deed of Trust in place and stead of STEWART TITLE OF CALIFORNIA, INC.; NOW, THEREFORE, the undersigned hereby substitutes itself as Trustee under said Deed of Trust and does hereby reconvey, without warranty, to the person or persons legally entitled thereto, the Estate now held by it thereunder. THIS FULL RECONVEYANCE IS MADE WITHOUT AFFECTING THE PERSONAL LIABILITY OF TRUSTOR CONSTELLATION PROPERTY GROUP (A AVENUE), LP, A DELAWARE LIMITED PARTNERSHIP, OR ANY OTHER PERSON OR ENTITY, FOR PAYMENT OF THE INDEBTEDNESS SECURED BY SAID DEED OF TRUST. THE NOTE OR OTHER OBLIGATIONS SECURED BY SAID DEED OF TRUST HAVE NOT BEEN PAID AND ARE NOT CANCELLED, AND REMAIN VALID OBLIGATIONS ACCORDING TO THEIR TERMS. APN NO.: DATE: Beneficiary and Substituted Trustee Successor Agency to the Community Development Commission as the National City Redevelopment Agency By: Chairman State of California County of San Diego On 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 DOCUMENT PROVIDED BY Commonwealth Land Title Co. (This area for notary stamp) SUBRECON.DOC