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2000 Spanos Corp - Aventine Apts - Escrow Docs03/09/00 THU 10:46 FAX 909 274 3630 Q001 SS AMERI C First American Title Insurance Company 3625 FOURTEENTH STREET, (P.C. BOX 988) • RIVERSIDE, CALIFORNIA 92502-0986 • (909) 787-1700 FAX TRANSMITTAL DATE : March 9, 2000 TO: : La Quinta Redevelopment Agency FAX NO : 760/777-N5 1 a 3 3 ATTN : Joh ulkner FROM : C, Jill Hernandez RE: Escrow No.: 10341-DN Property Address: , SUBJECT/MESSAGE: TOTAL NUMBER OF PAGES:. 3 (Including This Page) Per our telecon, enclosed you will find a sample of the Certificate of Acceptance that we will need to obtain from you in order to record the escrow. Please note that this document must be notarized. I am also enclosing a copy of the Deed that we will be attaching this to. Please let me know if you have any further questions. Upon receipt of the Acceptance, we will be in a position to record this transaction. OUR FAX NUMBER FOR THE ESCROW DEPARTMENT IS (909) 784-7956 IMPORTANT NOTE: Should any of these papers require an ORIGINAL SIGNATURE, Please talce a PHOTOCOPY BEFORE SIGNING. We will not accept an Original Signature on FAX paper. Thank you for your cooperation in this matter. THIS MESSAGE IS INTENDED ONLY FOR THE USE OF THE INDIVIDUAL OR ENTITY TO WHICH IT IS ADDRESSED, AND MAY CONTAIN INFORMATION THAT IS PRIVILEGED OR CONFIDENTIAL, IF THE READER OF THIS MESSAGE IS NOT THE INTENDED RECIPIENT, OR THE EMPLOYEE OR AGENT RESPONSIBLE FOR DELIVERING THE MESSAGE TO THE INTENDED RECIPIENT YOU ARE HEREBY NOTIFIED THAT ANY DISSEMINATION, DISTRIBUTION OR COPYING OF THIS COMMUNICATION IS STRICTLY PROHIBITED. IF YOU HAVE READ THIS COMMUNICATION IN ERROR, PLEASE NOTIFY US IMMEDIATELY BY TELEPHONE AND RETURN THE ORIGINAL MESSAGE TO US AT THE ABOVE ADDRESS VIA THE U.S. POSTAL SERVICE. 03-09-00 11:36 RECEIVED FROM:909 274 3630 P.01 03/09/00 THU 10:47 FAX 909 274 3630 U002 CITY OF HEMET CERTIFICATE OF ACCEPTANCE GRANT OF INTEREST OF REAL PROPERTY Leanna Keltner, Deputy City Clerk of the City of Hemet, County of Riverside, a California municipality, does hereby certify that the City Council ofthe City of Hemet, at its regular meeting duly held on the 26th day of October , did, by motion duly made, seconded and passed, accept that certain Street right of way . to the Cityof Hemet, by deed dated September 20, 199Qo which this certificate is attached. Da ted: October 27, 1999 Leama Keltner, CMC Deputy City Clerk Dated: February 25, 2000 a�'ily+nK ampton Acting Deputy City Clerk bi a� ;CO ,n, nzGu4j !`'�?TARV ACKNOWLEDGEMENT ATTACHED HERETO AND MADE A PART HEREOF 03-09-00 11:36 RECEIVED FROM:909 274 3630 P.02 CERTIFICATE OF ACCEPTANCE Grant of Interest of Real Property I, June S. Greek. City Clerk of the City of La Quinta, County of Riverside, State of California, do hereby certify that the City Council of the City of La Quinta, at its regular meeting duly held on September 7, 2000, did, by motion duly made, seconded and passed, accept that certain real property in the City of La Quinta, California described as: Lot 285 of Tract No. 24230, as shown by map on file in book 214, pages 69 through 82, inclusive, of maps, records of Riverside County, California by grant deed dated January 21, 2000 to which this certificate is attached. STATE OF CALIFORNIA) COUNTY OF RIVERSIDE) ss CITY OF LA QUINTA 1 On me, Ju reek, CMC/AAE City Clerk personall ppeared tiTin r S.-�r�GK ,personally known t6 me 0c-pro e O, to be the person(pl whose named is/aoe, subscribed to the within instrument and acknowledged to me that lyi~/she/tJpdy executed the same in Iy6' /her/twr authorized capacity(jot), and by 49/her/tbdfir signature(g) on the instrument the person(#), or the entity upon behalf of which the person acted, executed the instrument. Witness my hand and official seal. r Signs a of Notary MODEIIAHENSLE�Y� _ C,d1w,dWW #1107891 Ml A C� n1arial seal) hVCt mm.B0w Au97.2= 03/09/00 THU 10:47 FAX 909 274 3830 Q 003 WHEN RECORDED MAIL TO. LaQuinta Redevelopment Agency 78-495 Calle Tampico La Quinta, CA 92253 MAIL TAX STATEMENTS TO: DOCUMENTARY TRANSFER TAX $ EXEMPT Computed on the consideration or value of property La Quinta Redevelopment Agency conveyed; OR 78-495 Calle Tampico Computed on the consideration or value less liens or La Quinta, CA 92253 encumbrances remaining at time of sale. Signature of Declarant or Agent determining tax - Firm Name APN 643-090-014—I GRANT DEED TRA 020-024 FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, The Spattos Corporation, a California corporation hereby GRANT(S) TO the La Quinta Redevelopment Agency, a public body corporate and politic the real property in the Ciry of La Quinta, California, County of Riverside, State of California, described as Lot 285 of Tract No. 24230, as shown by map on file in book 214, pages 69 through 82, inclusive, of maps, records of Riverside County, California. Dated / - A / - 0 0 STATE OF CALIFORNIA ) SAN UOAOVI14 ) ss r, COUNTY O) On JARUf}'fZV ZI 0 Z606 , before me, 2EOCz EIVE460 At, A07AWpUL3L , personally + appeared �jfR j� T, IJRpNV personally known to me - or - 0 proved to me on the basis of satisfactory evidence, to bet e person% whose name t aW subscribed tote within instrument and acknowledged to me thatslltltxy executed the same it i hBfJtly�'sr authorized capaciry(i, and that by i Wthk signature0Q on the instrument the personQ4, or the entity upon behalf of which the person acted, executed the instrument. Witness my hand and official seal. SIGN/�U)�E OF NOTARY (This area for official notarial seat) �/ PEGGY J. NELSON CommlWon M 1213904 Notary Public - Co9iarrtltl Son Joaquin County AMC0mm.5#fth4or45,Zp3 03-09-00 11:36 RECEIVED FROM:909 274 3630 P.03 Date: February 23, 2000 Escrow No: 10341-DN SELLER'S AFFIDAVIT OF NONFOREIGN STATUS Section 1445 of the Internal Revenue Code provides that a transferedbuyer of a U.S. rcal property interest must withhold tax if the transferor/seller is a foreign person. To inform the transferee/buyer that, withholding of tax is not required upon the disposition of a U.S_ real property interest. Property located at-_ , CA by. The Spanos Corporation I hereby certify to the following (if an entity transferor, on behalf of the transferor): INDWIDUAL'TRANSIF'EItO>< R: 1. 1 atrl not a nonresident alien for purposes of U.S. income taxation; 2. My U.S. taxpayer identification number (Social Secarity number) is; 3. My home address is CORPORAT10N, PARTNERSHIP, LIMITED LIABILITY COMPANY, TRUST OR ESTATE TRANSFEROR(S): t The Spai3os Corporation (name oftransfcror) is not a foreign corporation, foreign partnership, foreign limited liability company, foreign trust, or foreign estato (as those terms arc defined in the Internal Revenue Code and Income Tax Regulations); 2. ...The .S.panos Corporation (naureoftransferor) U.S. employer identification number in and; (name of transfcror) 5 -T AMEp� ►LD `� C' First American Title Insurance Company 3625 FOURTEENTH STREET, (P.O. BOX 986) • RIVERSIDE, CALIFORNIA 92502-0986 • (909) 787-1700 La Quinta Redevelopment Agency Attn: Betty Sawyer 78-495 Calle Tampico La Quinta, CA 92253 RE: The Spanos Corporation Date: March 10, 2000 Escrow Number: 10341-DN We are pleased to inform you that the above referenced escrow was closed on March 10, 2000 and we enclose the following for your records: Our Check in the amount of $849.50 representing refund of excess funds. Receipt No. 41653 for $88,275.00. Closing Statement. Original Note for $217,723.00. Conformed copy of recorded Grant Deeds. Conformed copy of recorded Deed of Trust and Addendum. Conformed copy of recorded Declaration of Conditions, Covenants and Restrictions. Conformed copy of recorded Substitution of Trustee and Full Reconveyance. Original Seller's Affidavit of Nonforeign Status. Policy of Title Insurance No. 2148423 to follow, issued by First American Title Ins. Co. Any documents to which you are entitled will be forwarded to you directly from the appropriate governing party. It has been a pleasure handling your escrow. We look forward to servicing your future real estate transactions. Sincerely, First American Title Insurance Company C C. Jill Hernandez, CSEO �� 7 Escrow Manager nr ASS AMEit First American Title Insurance Company 3625 FOURTEENTH STREET, (P.O. BOX 986) • RIVERSIDE, CALIFORNIA 92502-0986 • (909) 787-1700 Escrow No. 10341-DN Reference: The Spanos Corporation CLOSING STATEMENT La Quinta Redevelopment Agency 78-495 Calle Tampico La Quinta, CA 92253 Deposits: Initial Deposit By: La Quinta Redevelopment Agency Adjustments: Site Property Consideration Developer Prpty Consideration Financial Assistance Note Financial Assist Note/Withhold Title Charges: Owner's Title Policy Documentary Transfer Tax Record Grant Deed Record Deed of Trust Record Declaration of CC&R's Record Release Escrow Fees: Escrow Fee Check Herewith Totals Closing Date: March 10, 2000 Page 1 - - DEBITS - - 1,200,000.00 217,723.00 3,012.00 660.00 12.00 26.50 31.00 7.00 1,400.00 - - CREDITS - - 88,275.00 1,117,723.00 217,723.00 $ 849.50 $ 1,423,721.00 $ 1,423,721.00 SAVE FOR INCOME TAX PURPOSES