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Sub Trustee & Reconveyance DOC # 2025-0381493 - RGC PA 89Recording requested by Sbwart Title of Callfoli Inc. RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO City of La Quinta 78-496 Calle Tampico La Quinta, CA 92253 Attn: City Clerk Order No. 2664882 DOC # 2026-0381493 12/08/2025 04:21 PM Fees: $20.00 Page 1 of 7 Recorded in Official Records County of Riverside Peter Aldana Assessor -County Clerk -Recorder **This document was electronically submitted to the County of Riverside for recording- Receipted by: ELENA #448 Space Above This Line for Recorder's Use --- (Exempt from Recording Fee per Gov't Code §6103 and §27383) SUBSTITUTION OF TRUSTEE AND DEED OF FULL RECONVEYANCE WHEREAS, RGC PA 789, LLC, a Delaware limited liability company, as "Truster", executed that certain Deed of Trust And Assignment Of Rents Securing Debtor -In - Possession Credit Facility Loan And Security Agreement, dated January 23, 2025, and recorded in the Official Records of Riverside County, California, on May 15, 2026, as Instrument No. 2025-0146770 (the "Deed of Trust") in favor of Stewart Title of California, Inc., whose address is 11870 Pierce Street, Suite 100, Riverside, CA 92505, as "Trustee," for the benefit of the City of La Quinta, a California municipal corporation and charter city, whose address is 78495 Calle Tampico, La Quinta, CA 92253 (the "City"), as "Beneficiary" under the Deed of Trust. The Deed of Trust encumbered that certain real property and all improvements and structures now or hereafter located on or part thereof, located in the City of La Quinta, County of Riverside, State of California, described as set forth in Exhibit A attached hereto. and incorporated herein by reference (the "Real Property"). The City, as the Beneficiary and owner and holder of the Deed of Trust, hereby substitutes the City as trustee in lieu of the above -named Trustee under said Deed of Trust. The City hereby accepts said appointment as Trustee under the Deed of Trust and, as successor Trustee, pursuant to the request of the current owner and holder and in accordance with the provisions of the Deed of Trust, does hereby fully reconvey to the person or persons legally entitled thereto, but without warranty, all the estate, title, and interest now held by the City Linder the Deed of Trust. [ signatures on next page ] Recorded concurrently and In connection with a transfer 61001eat to tine Im osltion Of Documentary Transfer TaY, - 08 9,786B-1(a)(2) 698/015610-0207 23 10 1451.2 a 11/26/25 IN WITNESS WHEREOF, the City has executed this Substitution Of Trustee And Deed Of Full Reconveyance as of the recording date hereof. "CITY" CITY OF LA QUINTA, a California municipal corporation and charter city Date: 2- i , 2025 By: cMillen, City Manager ATTEST: Monika Radeva, Cpty CI r APPROVED AS TO FORM RUTAN & TUCKER, LLP William H. Ihrke, City Attorney 698/015610-0207 23101461.2 a11/26/25 -2- GOVERNMENT CODE 27361.7 I CERTIFY UNDER PENALTY OF PERJURY THAT THE ILLEGIBLE PORTIONS OF THIS DOCUMENT TO WHICH THIS STATEMENT IS ATTACHED, READS AS FOLLOWS: JON MCMILLEN Dated: December 5, 2025 Sandy Staley, Title Officer, Stewart Title Place of Execution: RIVERSIDE, CA 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 Riverside On � . �?J(Z- �� , before me, V\� YA (insert name and title of the officer) Notary Public, personally appeared �C4� �k eW I a "e"o , 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 that the foregoing paragraph is true and correct. WITNESS my hand nd official seal. Signature laws of the State of California MONI" KADEVA Notary public. - California LOMI Riverside County Commission 8 2500684 y Comm, xpires Oct 22, 2828 01 (Seal) 698/01561.0-0207 23101451.2 a11/26/25 -3- I*A- m11�ir1 Legal Description of Real Property All that certain property located in the City of La Quinta, County of Riverside, State of California, described as follows: PARCEL 1, for an undivided 57.2% interest, described as follows: THAT PORTION OF PARCEL 10 OF PARCEL MAP NO. 37207, IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY A MAP FILED IN BOOK 242, PAGES 72 THROUGH 87, INCLUSIVE OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: PARCEL "B" OF LOT LINE ADJUSTMENT NO. 2020-0007, AS DISCLOSED BY GRANT DEED RECORDED AUGUST 20, 2021 AS INSTRUMENT NO. 2021-0499856 OF OFFICIAL RECORDS OF RIVERSIDE COUNTY, STATE OF CALIFORNIA, AS DESCRIBED THEREIN. EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1 B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND 18 PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1 B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017-0463950, BOTH OF OFFICIAL RECORDS. APN 777-060-083 [continues on next page] 698/01561.0-0207 23101451.2 a11/26/25 -4- PARCEL 2: THAT PORTION OF PARCEL 11 OF PARCEL MAP NO. 37207, IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS SHOWN BY A MAP FILED IN BOOK 242, PAGES 72 THROUGH 87, INCLUSIVE OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS FOLLOWS: PARCEL "C" OF LOT LINE ADJUSTMENT NO. 2020-0007, AS DISCLOSED BY GRANT DEED RECORDED AUGUST 20, 2021 AS INSTRUMENT NO. 2021-0499856 OF OFFICIAL RECORDS OF RIVERSIDE COUNTY, STATE OF CALIFORNIA, AS DESCRIBED THEREIN. EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1 B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND 1 B PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1 B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO, 2017-0463950, BOTH OF OFFICIAL RECORDS. APN 777-060-085 [continues on next page] 698/015610-0207 23101451.2 a11/26/25 -5- PARCEL & PARCEL 12 OF PARCEL MAP NO. 37207, AS SHOWN BY A MAP FILED IN BOOK 242, PAGES 72 THROUGH 87, INCLUSIVE OF PARCEL MAPS, IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. EXCEPTING THEREFROM ALL OIL, GAS, HYDROCARBON SUBSTANCES, AND MINERALS OF EVERY KIND AND CHARACTER LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE, TOGETHER WITH THE RIGHT TO DRILL INTO, THROUGH, AND TO USE AND OCCUPY ALL PARTS OF THE PHASE 1A AND 1 B PROPERTY LYING MORE THAN FIVE HUNDRED (500) FEET BELOW THE SURFACE THEREOF FOR ANY AND ALL PURPOSES INCIDENTAL TO THE EXPLORATION FOR AND PRODUCTION OF OIL, GAS, HYDROCARBON SUBSTANCES OR MINERALS FROM SAID PHASE 1A AND 1 B PROPERTY OR OTHER LANDS, BUT WITHOUT, HOWEVER, ANY RIGHT TO USE EITHER THE SURFACE FROM SAID PHASE 1A AND 1 B PROPERTY OR ANY PORTION THEREOF WITHIN FIVE HUNDRED (500) FEET OF THE SURFACE FOR ANY PURPOSE OR PURPOSES WHATSOEVER, OR TO USE THE PHASE 1A AND 1 B PROPERTY IN SUCH A MANNER AS TO CREATE A DISTURBANCE TO THE USE OR ENJOYMENT OF THE PHASE 1A AND 1 B PROPERTY, AS RESERVED BY THE CITY OF LA QUINTA, A CALIFORNIA MUNICIPAL CORPORATION AND CHARTER CITY, IN THE GRANT DEED RECORDED NOVEMBER 28, 2018, AS INSTRUMENT NO. 2018-0464674 AND RECORDED NOVEMBER 6, 2017, AS INSTRUMENT NO. 2017-0463950, BOTH OF OFFICIAL RECORDS. APN 777-060-075 AND APN 777-060-078 [end of legal description] 698/015610-0207 23101451.2 a11/26/25 -6-