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LLA 2002-390. .�� City of Lauinta Community Development Department `FMOF �a� 78-495 Calle Tampico La Quinta, California 92253 (760) 777-7125 F/: (760) 777-1233 APPLICATION FOR OFFICE USE ONLY Case No,,� P - .3 73 Date Recvd. / d Fee:�L;i Sti — Related Apps:2 (r\ i 1"3 Logged in APPROVAL LOT LINE ADJUSTMENT applications are reviewed and approved by the Community Development Director pursuant to Chapter 13.32 of the Subdivision Regulations. The purpose of the review is to allow reconfiguration of two or more adjoining lots into sizes or shapes appropriate for desired uses and in compliance with Municipal Code requirements. .•. :...•. O..:O.. . .. + .:O. ::.•. .. VA, ..: 4. .• :. 4 A ...•...•.:..•..•..•..•..•• . . . . MAILINGADDRESS Dr Phone No. /_,o- 27?->>4i CITY, STATE, ZIP 44 2,2 { C_A, 92,2-S3 Fax No. 7e o *Owner "A"Name: _ riy� l LLC Address: 7j-2'16' br G duen�4 G4 92Z53 Phone: 760--7>> -» (city) (State) (Zip) *Owner `B" Name: Address: (City) *Owner "C" Name: (State) (Zip) Phone: (City) (State) (Zip) *Attach sheet for additional owners PROPERTY DATA Property A: Assessor's Parcel Number: 764- 0 too - 0co i Street Address (if any): Property B: Assessor's Parcel Number: jK4- ?-co - 6oZ 003 er e) Street Address (if any): Property C: Assessor's Parcel Number: a I o - 06 i PropCrf7 A: Street Address (if any): 76y-2Io-DOE. DESCRIPTION OF ADJUSTMENT REQUESTED: fib, o -f pro pz r+iPs due A16:LLA 1-7/16/97 Appvd 2/2000 cdi 1 REASON FOR REQUE ST:_L APPLICABILITY The following criteria must be met to approve a lot line adjustment: ❑ The adjustment shall not create a greater number of parcels than originally existed. ❑ The resulting parcels shall conform with City Zoning and Building Codes. ❑ The adjustment shall not cause existing uses or improvements of the property to be out of compliance with any provision of the City Codes. MINIMUM Sl JBMISSION REQl JIREMENTS7 ❑ Existing grant deeds or title reports for all affected parcels. ❑ An acceptable legal description of each existing parcel and a metes and bounds description of each new parcel proposed. ❑ Closing calculations for each new parcel proposed. ❑ Original, unrecorded Grant Deeds for each new parcel with the following: ❑ State on the Grant Deed when all affected parcels are under one ownership. GRANT DEED FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged Owner A hereby GRANTS to Owner A the real property in the City of La Quinta County of Riverside State of California, described as (Property Description) See Exhibits A and B attached hereto and by reference made a part hereof. NOTE: This grant deed implements the revised lot configurations pursuant to Line Line Adjustment _-_ as approved by the City of La Quinta. All property subject to this lot line adjustment is owned by a single entity, hence ownership conveyance is a nonessential secondary function of this deed. The primary function of the deed is to provide constructive notice of the revised lot configurations pursuant to Government Code Section 66412 (d), and to perfect the intent of the Lot Line Adjustment = _ as approved. ❑ State on Grant Deed when affected parcels are under multiple ownership: GRANT DEED FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, Owner A hereby GRANTS to Owner B the real property in the City of La Quinta County of Riverside State of California, described as (Property Description) that portion of land in Lot A which is overlaid by the reconfigured shape of Lot B pursuant to LLA approved by the City of La Quinta. The reconfigured lots are described in Exhibits A and B attached hereto and made a part hereof. NOTE: This grant deed perfects the intent of Lot Line Adjustment = _ as approved by the City of La Quinta. A 16:LLA 1-7/16/97 Appvd 2/2000 cdi ® GRANT DEED FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, Owner B hereby GRANTS to Owner A the real property in the City of La Quinta County of Riverside State of California, described as (Property Description) that portion of land in Lot B which is overlaid by the reconfigured shape of Lot A pursuant to LLA approved by the City of La Quinta. The reconfigured lots are described in Exhibits A and B attached hereto and made a part hereof. NOTE: This grant deed perfects the intent of Lot Line Adjustment = _ as approved by the City of La Quinta. ❑ Attached to the Grant Deeds shall be Exhibits A and B, a metes and bounds legal description of the new parcels and a plat (8%z" x 11") of the new parcels, respectively (see attached sample Exhibits A and B). ❑ If structures or other improvements exist on the affected parcel(s), provide separate plot plan showing dimensioned location in relation to new property lines. ❑ Filing fee for Lot Line Adjustment. If filing multiple applications, the most expensive application will be charged full fee, with remaining related applications discounted 50% for each. If the nunber of lots adjusted exceeds two, then a Public Works Department plan check fee of $50.00 per lot (over two lots) shall be paid in addition to Lot Line Adjustment fee. 4� 4 O A. ��� 'y A I� ��� 4� ��� ', �..�. 4. 4.... ��� ��� �� �� {� ��� .O 4' J 'O 4' 4' 4 4' 4' 4' J 'i' J SIGNATURE OF APPLICANT DATE I� NAME OF APPLICANT Fsr=ti i —1 St DbMT as ac oprio. ( ttu \ SIGNATURE OFPROPERTY O A 1 p IF NOT SAME AS APPLICANT: DATE��_ � U NAME OF OWNER 0 or2 f O I . L- LC /J6&A DATE (Print) nj 614Dbiir SIGNATURE OF PROPERTY OWNER `B" IF NOT SAME AS APPLICANT: NAME OF OWNER (Print) SIGNATURE OF PROPERTY OWNER IF NOT SAME AS APPLICANT: NAME OF OWNER (Print) _ DATE DATE DATE DATE (Separate written authority by owner to submit application may be provided) I hereby certify that all information contained in this application, including all plans and materials required by the City's application submission requirements, is, to the best of my knowledge, true and correct. FALSE OR MISLEADING INFORMATION GIVEN IN THIS APPLICATION SHALL BE GROUNDS FOR DENYING APPLICATION. I hereby grant the City authority to enter onto the property to conduct site inspections and to post required public notices. A16:LLA 1-7/16/97 Appvd 2/2000 edi EXISTING LEGAL DESCRIPTIONS PROPERTY "A" 764-200-001 THE NORTH HALF OF THE, NORTHWEST QUARTER OF SECTION 27.. TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN. PROPERTY "B" 764-200-002, 003 THE SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN; EXCEPTING THEREFROM THAT PORTION LYING WITHIN MADISON STREET. PROPERTY "C" 764-210-006 THE WEST HALF OF THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN; EXCEPTING THEREFROM THAT PORTION OF THE SOUTHWEST QUARTER OF SAID SOUTHWEST QUARTER LYING SOUTHERLY AND WESTERLY OF A STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF THE SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER TO THE SOUTHEAST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER; EXCEPTING THEREFROM THAT PORTION LYING WITHIN 601" AVENUE. PROPERTY "D" 764-210-001 THAT PORTION OF THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO BASE AND MERIDIAN, LYING SOUTHWESTERLY OF A STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER TO THE SOUTHEAST CORNER OF THE SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER. :;uauuwoo d }o abed OZ� :uogduosa0 301Sh9/Ua 'aPJO i o ge ! i n e e LL O O C C i I �j N Q _ -07 I\ k jo l eBed 6Z :uogduosao 3OISa3AQ1 JapJo Order No. Escrow No. Loan No. WHEN RECORDED MAIL TO: CORAL OPTION 1, LLC 79-285 RANCHO LA QUINTA DRIVE. LA QUINTA, CA 92253 DOCUMENTARY TRANSFER TAX $..... _...,................... .................._.... SPACE ABOVE THIS LINE FOR .RECORDER'S USE .... Computed on the consideration or value of property conveyed OR _._ Computed on the consideration or value less liens or encumbrances remaining at time of sale. Signature of Declarant or Agent determining tax - Firm Name GRANT DEED FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, CORAL OPTION 1, LLC, A DELAWARE LIMITED LIABILITY COMPANY hereby GRANT(S) to CORAL OPTION 1, LLC A DELAWARE LIMITED LIABILITY COMPANY the real property in the City of LA QUINTA, County of RIVERSIDE, State of CALIFORNIA, described as SEE EXHIBITS "A", "B", "C", "D" AND "E" ATTACHED HERETO AND BY REFERENCE MADE: A PART HEREOF. NOTE: THIS GRANT DEED IMPLEMENTS THE REVISED LOT CONFIGURATIONS PURSUANT TO LOT LINE ADJUSTMENT 2002- AS APPROVED BY THE CITY OF LA QUINTA. ALL PROPERTY SUBJECT TO THIS LOT LINE ADJUSTMENT IS OWNED BY A SINGLE ENTITY, HENCE OWNERSHIP CONVEYANCE IS A NONESSENTIAL SECONDARY FUNCTION OF THIS DEED. THE PRIMARY FUNCTION OF THE DEED IS TO PROVIDE CONSTRUCTIVE NOTICE OF THE REVISED LOT CONFIGURATIONS PURSUANT TO GOVERNMENT CODE SECTION 66612 (D), AND TO PERFECT THE INTENT OF THE LOT LINE ADJUSTMENT 2002- AS APPROVED. Dated..................C...y.T...%.................................... } STATE OF CALIF(2NI }ss /e f COUNTY OF........ 1.�. ��.! � �:-..........} On- ........... 0.. 2.9. 0.Z..._.................._....................... tAfore me, ..��...�.......�C�f..../�l0.: personally appeared &^ personally known to me (or proved to me on the basis of satisfactory evidence) to be the persoi-W whose name(s,) Ware subscribed to the within instrument and acknowledged to me that he/shekhey executed the same in his/heNiheir authorized capacity(iess), and that by his/hagt4eir signature(s} on the instrument the person(sjror the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my ha nd official seal. Signature ._........ L. MAIL TAX STATEMENTS TO: CORQ4-JaPTION 1, LLC, A Oj,W RE LIMIT ILITY COMRIJA�NNY By�................. Grady N. Spa <s ITS:...... President......... .......... .................. .................................. APPROVED BY THE CITY OF LA QUINTA COMMUNITY DEVELOPMENT DEPT. By............................ ..................... .................. .. _. _........ _.................... Title: ...... ............. . .................................................................. Date:........--............................................................................... CaseNo ................... ............. .......... ._........... ............._........ _...... (This area for official notarial seal) MARCIA K. GREEN Commission fit 1378904 QMyContrim.ExpireSO07,2006 Notary Public - California $ Riverside Coun EXHIBIT "A" ADJUSTED PROPERTY "A" LOT LINE ADJUSTMENT NO. 2002 THAT PORTION OF THE NORTH HALF OF THE NORTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, CALIFORNIA, LYING EASTERLY OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT THE NORTHWEST CORNER OF SAID SECTION 27; THENCE S 000 05' 35" W ALONG THE WEST LINE OF SAID SECTION 27 A DISTANCE OF 616.74 FEET TO THE BEGINNING OF A NON -TANGENT CURVE; THENCE SOUTHEASTERLY ALONG A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF ] 7° 51' 58" AN ARC LENGTH OF 765.52 FEET TO THE SOUTHERLY LINE OF SAID NORTH HALF OF THE NORTHWEST QUARTER OF SECTION 27 AND THE POINT OF TERMINATION OF SAID DESCRIBED LINE. (THE ENDING RADIAL BEARS S 60° 04' 34" W). EXHIBIT `B" ADJUSTED PROPERTY °B" LOT LINE ADJUSTMENT NO. 2002 THAT PORTION OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 27 TOWNSHIP 6 SOUTH RANGE 7 EAST SAN BERNARDINO MERIDIAN BEING A PORTION OF PARCEL 1 OF PARCEL MERGER 2002 - RECORDED 12002 AS INSTRUMENT NUMBER , RECORDS OF RIVERSIDE COUNTY, CALIFORNIA TOGETHER WITH THAT PORTION OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST SAN BERNARDINO MERIDIAN IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, CALIFORNIA; EXCEPTING THEREFROM THAT PORTION OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 27, LYING SOUTHERLY AND WESTERLY OF A STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER TO THE SOUTHEAST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER LYING EASTERLY OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT THE NORTHWEST CORNER OF SAID SECTION 27; THENCE S 000 05' 35" W ALONG THE WEST LINE OF SAID SECTION 27, A DISTANCE OF 616.74 FEET TO THE BEGINNING OF A NON -TANGENT CURVE; THENCE SOUTHEASTERLY ALONG A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 17° 51' 58" AN ARC LENGTH OF 765.52 FEET TO THE NORTH LINE OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 27; THENCE CONTINUING SOUTHEASTERLY ALONG A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 20 33' 14" AN ARC LENGTH OF 109.43 FEET TO THE BEGINNING OF A REVERSE CURVE; THENCE SOUTHEASTERLY ALONG A CURVE CONCAVE SOUTHWESTERLY HAVING A RADIUS OF 2,345.00 FEET THROUGH AN ANGLE OF 65° 20' 47" AN ARC LENGTH OF 2,674.50 FEET TO THE BEGINNING OF A REVERSE CURVE; THENCE SOUTHWESTERLY ALONG A CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 6° 4702" AN ARC LENGTH OF 290.67 FEET TO SAID STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27 TO THE SOUTHEAST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27 AND THE POINT OF TERMINATION OF SAID DESCRIBED LINE: (THE ENDING RADIAL BEARS N 63° 54' 55" W); EXCEPTING THEREFROM THAT PORTION LYING WITHIN 60T" AVENUE. 6 6 EXHIBIT "C" ADJUSTED PROPERTY "C" LOT LINE ADJUSTMENT NO. 2002- THAT PORTION OF THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN, IN THE CITY OF LA. QUINTA, COUNTY OF RIVERSIDE, CALIFORNIA, LYING SOUTHWESTERLY OF A S7TRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER TO THE SOUTHEAST CORNER OF THE SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER AND LYING EASTERLY OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT THE SOUTHWEST CORNER OF SAID SECTION 27; THENCE N 000 1T 42" E ALONG THE WEST LINE OF SAID SECTION 27 A DISTANCE OF 616.74 FEET TO THE BEGINNING OF A NON -TANGENT CURVE; THENCE NORTHEASTERLY ALONG A CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 13° 38' 20" AN ARC LENGTH OF 290.67 FEET TO SAID STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27 TO THE SOUTHEAST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27 TO THE POINT OF TERMINATION OF SAID DESCRIBED LINE. (THE ENDING RADIAL BEARS N 63° 54' 55" W). EXHIBIT "D" ADJUSTED PROPERTY "D" LOT LINE ADJUSTMENT NO. 2002 - THAT PORTION OF THE NORTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST TOGETHER WITH THAT PORTION OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SAID SECTION 27, LYING WESTERLY OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT THE NORTHWEST CORNER OF SAID SECTION 27; THENCE S 000 05' 35" W ALONG THE WEST LINE OF SAID SECTION 27 A DISTANCE OF 616.74 FEET TO THE BEGINNING OF A NON -TANGENT CURVE. (THE BEGINNING RADIAL BEARS S 770 5632" W); THENCE SOUTHEASTERLY ALONG A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 20° 25' 12" AN ARC LENGTH OF 874.95 FEET TO THE BEGINNING OF A REVERSE CURVE; THENCE SOUTHEASTERLY AND SOUTHWESTERLY ALONG A CURVE CONCAVE WESTERLY THROUGH AN ANGLE OF 650 20' 47" HAVING A RADIUS OF 2,:345.00 FEET AN ARC LENGTH OF 2,674.50 FEET TO THE BEGINNING OF A REVERSE CURVE; THENCE SOUTHWESTERLY ALONG A CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 20° 25' 22" .AN ARC LENGTH OF 875.07 FEET TO THE WEST LINE OF SAID SECTION 27; THENCE S 000 1742" W ALONG THE WEST LINE OF SAID SECTION 27 A DISTANCE OF 616.74 FEET TO THE SOUTHWEST CORNER OF SAID SECTION 27 AND THE POINT OF TERMINATION OF SAID DESCRIBED LINE. EXCEPTING THEREFROM THE WESTERLY 30.00 FEET OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF SAID SECTION 27. EXHIBIT " LOT LINE ADJUSTMENT NO. 2002- BEING A PORTION OF THE WEST HALF OF SECTION 27, T6S, R7E, SBM M _-- - -20 22 58TH AVENUE -- - -- -- --- N 00'05'35"E 100.00 �0I N 77'56'32"E(R) 0 =20'25'12" 0=17'51'58" R=2455.00 PROPERTY „ „ A R=2455.00 L=765.52 L=874.95 T=385.89 T=442.17 N 60'04'34"E(R) 0=2.33'14" I R=2455.00 L=109.43 N 57'31'20"E(R) T=54.72 EXISTING LOT LINE 55 PROPERTY "B" 0=65'20'47' I R=2345.00 pL n((3 IRL T L= 2674.50 ( ERN@IE 3 g p o 2- T=1503.97 E" 30' �= 5'15" W R=2345.00 30' L=1306.46 1 I T=670.67 Q E- _ ADJUSTED LOT LINE U] i N 89'26'35"E(R) Ld EXISTING LOT LINE Q I 0 lk� 0=33'25'32" a R=2345.00 L=1368.04 0=20'25'22" T=704.10 R=2455.00 L=875.07 I T=442.23 EXISTING LOT LINE I 'PROPERTY S 1 /16 LINE SEC 28 "B" N 57'07'53"W(R) 0=6'47'02" 1 E lTR 3003 50 R=2455.00 3 2 N 63-54'55"W(R) L=290.67 T=145.51 CALLE CONCHITA o=13'38'20" 5 6 7 e R=2455.00 L= 584.40 T=293.59 N 77'33'15"W(R) PROPERTY a �I 11 It cn N 00'17'42"E 100.00 60TH AVENUE E EXISTING LEGAL DESCRIPTIONS PROPERTY "A" 764-200-001 THE NORTH HALF OF THE NORTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN.. PROPERTY "B" 764-200-002, 003 THE SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN; EXCEPTING THEREFROM THAT PORTION LYING WITHIN MADISON STREET. PROPERTY "C" 764-210-006 THE WEST HALF OF THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN; EXCEPTING THEREFROM THAT PORTION OF THE SOUTHWEST QUARTER OF SAID SOUTHWEST QUARTER LYING SOUTHERLY AND WESTERLY OF A STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF THE SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER TO THE SOUTHEAST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER; EXCEPTING THEREFROM THAT PORTION LYING WITHIN 60T" AVENUE. PROPERTY "D" 764-210-001 THAT PORTION OF THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO BASE AND MERIDIAN, LYING SOUTHWESTERLY OF A STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER TO THE SOUTHEAST CORNER OF THE SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER. m :i C C C 3OIS2f3n1?J 'd9PJO r F * >r uawcuo o G52 ua .� .l � cs c d cz ,lduosaa i I I r cV -0ry i z.; n 3O/Sb3�ILl aap�0 Order No. Escrow No. Loan No. WHEN RECORDED MAIL TO: CORAL OPTION 1, LLC 79-285 RANCHO LA QUINTA DRIVE. LA QUINTA, CA 92253 DOCUMENTARY TRANSFER TAX $............... ....................................... SPACE ABOVE THIS LINE FOR RECORDER'S USE ...... Computed on the consideration or value of property conveyed', OR ..... Computed on the consideration or value less liens or encumbrances remaining at time of sale. Signature of Declarant or Agent determining tax - Firm Name GRANT DEED FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, CORAL OPTION 1, LLC, A DELAWARE LIMITED LIABILITY COMPANY hereby GRANT(S) to CORAL OPTION 1, LLC A DELAWARE LIMITED LIABILITY COMPANY the real property in the City of LA QUINTA, County of RIVERSIDE, State of CALIFORNIA, described as SEE EXHIBITS "A", "B", "C", "D" AND "E" ATTACHED HERETO AND BY REFERENCE MADE A PART HEREOF. NOTE: THIS GRANT DEED IMPLEMENTS THE REVISED LOT CONFIGURATIONS PURSUANT 7.0 LOT LINE ADJUSTMENT 2002- AS APPROVED BY THE CITY OF LA QUINTA. ALL PROPERTY SUBJECT TO THIS LOT LINE ADJUSTMENT IS OWNED BY A SINGLE ENTITY, HENCE OWNERSHIP CONVEYANCE IS A NONESSENTIAL SECONDARY FUNCTION OF THIS DEED. THE PRIMARY FUNCTION OF THE DEED IS TO PROVIDE CONSTRUCTIVE NOTICE OF THE REVISED LOT CONFIGURATIONS PURSUANT TO GOVERNMENT CODE SECTION 66512 (D), AND TO PERFECT THE INTENT OF THE LOT LINE ADJUSTMENT 2002- AS APPROVED. Dated......................I�....3..-»................................... STATE OF CALIFO NI • } COUNTY OF.........._J J�aSl �.............} }ss On ................ Z .._........._...•.....................before me, personally appeared / n ^ l y / / t �/I ,� /) i ................................................................................... ....................... personally known to me (or proved to me on the basis of satisfactory evidence) to be the personas) whose nani is/are subscribed to the within instrument and acknowledged to me that he/shekMey executed the same in his/l efltkreir authorized capacity(ies), and that by his/heNtheir signature(-) on the instrument the person* or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand Aan�d,�4official seal. .. Signature.._... �/� Y�1.,.tt. -Xa✓. / ...Y..`t- ......... MAIL TAX STATEMENTS TO: CORAL OPTION 1, LLC, D R BILITY CO PANY B LIMIT ........� GradNSpark r ITS:...... President ......................-................................................ (This area for official notarial seal) MARCIA K. GREEN Commission k 1378904 d Notary Public - California Riverside County MyComm. ExpiresOct7, 2M EXHIBIT "A" ADJUSTED PROPERTY "A" LOT LINE ADJUSTMENT NO. 2002 THAT PORTION OF THE NORTH HALF OF THE NORTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, CALIFORNIA, LYING EASTERLY OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT THE NORTHWEST CORNER OF SAID SECTION 27; THENCE S 000 05' 35" W ALONG THE WEST LINE OF SAID SECTION 27 A DISTANCE OF 616.74 FEET TO THE BEGINNING OF A NON -TANGENT CURVE; THENCE SOUTHEASTERLY ALONG A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 17° 51' 58" AN ARC LENGTH OF 765.52 FEET TO THE SOUTHERLY LINE OF SAID NORTH HALF OF THE NORTHWEST QUARTER OF SECTION 27 AND THE POINT OF TERMINATION OF SAID DESCRIBED LINE. (THE ENDING RADIAL BEARS S 60° 04' 34" W). ® 0 EXHIBIT `B" ADJUSTED PROPERTY "B" LOT LINE ADJUSTMENT NO. 2002 THAT PORTION OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 27 TOWNSHIP 6 SOUTH RANGE 7 EAST SAN BERNARDINO MERIDIAN BEING A PORTION OF PARCEL I OF PARCEL MERGER 2002 - RECORDED 2002 AS INSTRUMENT NUMBER , RECORDS OF RIVERSIDE COUNTY, CALIFORNIA TOGETHER WITH THAT PORTION OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST SAN BERNARDINO MERIDIAN IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, CALIFORNIA; EXCEPTING THEREFROM THAT PORTION OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 27, LYING SOUTHERLY AND WESTERLY OF A STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER TO THE SOUTHEAST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER LYING EASTERLY OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT THE NORTHWEST CORNER OF SAID SECTION 27; THENCE S 000 05' 35" W ALONG THE WEST LINE OF SAID SECTION 27, A DISTANCE OF 616.74 FEET TO THE BEGINNING OF A NON -TANGENT CURVE; THENCE SOUTHEASTERLY ALONG A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 17° 51' 58" AN ARC LENGTH OF 765.52 FEET TO THE NORTH LINE OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 27; THENCE CONTINUING SOUTHEASTERLY ALONG A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 2° 33' 14" AN ARC LENGTH OF 109.43 FEET TO THE BEGINNING OF A REVERSE CURVE; THENCE SOUTHEASTERLY ALONG A CURVE CONCAVE SOUTHWESTERLY HAVING A RADIUS OF 2,345.00 FEET THROUGH AN ANGLE OF 65° 20' 47" AN ARC LENGTH OF 2,674.50 FEET TO THE BEGINNING OF A REVERSE CURVE; THENCE SOUTHWESTERLY ALONG A CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 6° 47' 02" AN ARC LENGTH OF 290.67 FEET TO SAID STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27 TO THE SOUTHEAST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27 AND THE POINT OF TERMINATION OF SAID DESCRIBED LINE: (THE ENDING RADIAL BEARS N 63° 54' 55" W); EXCEPTING THEREFROM THAT PORTION LYING WITHIN 60TH AVENUE. EXHIBIT "C" ADJUSTED PROPERTY "C" LOT LINE ADJUSTMENT NO. 2002- THAT PORTION OF THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN, IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, CALIFORNIA, LYING SOUTHWESTERLY OF A STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER TO THE SOUTHEAST CORNER OF THE SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER AND LYING EASTERLY OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT THE SOUTHWEST CORNER OF SAID SECTION 27: THENCE N 000 1742" E ALONG THE WEST LINE OF SAID SECTION 27 A DISTANCE OF 616.74 FEET TO THE BEGINNING OF A NON -TANGENT CURVE; THENCE NORTHEASTERLY ALONG A CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 13° 38' 20" AN ARC LENGTH OF 290.67 FEET TO SAID STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27 TO THE SOUTHEAST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27 TO THE POINT OF TERMINATION OF SAID DESCRIBED LINE. (THE ENDING RADIAL BEARS N 63° 54' 55" W). EXHIBIT "D" ADJUSTED PROPERTY "D" LOT LINE ADJUSTMENT NO.2002 - THAT PORTION OF THE NORTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST TOGETHER WITH THAT PORTION OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SAID SECTION 27, LYING WESTERLY OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT THE NORTHWEST CORNER OF SAID SECTION 27; THENCE S 000 05' 35" W ALONG THE WEST LINE OF SAID SECTION 27 A DISTANCE OF 616.74 FEET TO THE BEGINNING OF A NON -TANGENT CURVE. (THE BEGINNING RADIAL BEARS S 770 56' 32" W); THENCE SOUTHEASTERLY ALONG A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 20° 25' 12" AN ARC LENGTH OF 874.95 FEET TO THE BEGINNING OF A REVERSE CURVE; THENCE SOUTHEASTERLY AND SOUTHWESTERLY ALONG A CURVE CONCAVE WESTERLY THROUGH AN ANGLE OF 650 20' 47" HAVING A RADIUS OF 2,345.00 FEET AN ARC LENGTH OF 2,674.50 FEET TO THE BEGINNING OF A REVERSE CURVE; THENCE SOUTHWESTERLY ALONG A CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH AN ANGLE OF 20° 25' 22" AN ARC LENGTH OF 875.07 FEET TO THE WEST LINE OF SAID SECTION 27; THENCE S 000 17' 42" W ALONG THE WEST LINE OF SAID SECTION 27 A DISTANCE OF 616.74 FEET TO THE SOUTHWEST CORNER OF SAID SECTION 27 AND THE POINT OF TERMINATION OF SAID DESCRIBED LINE. EXCEPTING THEREFROM THE WESTERLY 30.00 FEET OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF SAID SECTION 27. EXHIBIT " LOT LINE ADJUSTMENT NO. 2002- BEING A PORTION OF THE WEST HALF OF SECTION 27, T6S, R7E, SBM Rf -03 22 58TH AVENUE -- RT -- -- -- - -- N 00'05'35"E 100.00 LoI N 77'56'32"E(R) 0=20*25'12 =17*51'58" „ A „ R=2455.00 PROPERTY R=2455.00 L765.52 L=874.95 T=385.89 T=442.17 N 60'04'34"E(R) 0=2*33'14" R=2455.00 I L=109.43 N5731'20 "T=54.72 EXISTING LOT LINE I 0=65'20'47' R=2345.00 L=2674.50 T=1503.91 w 30' � I E- I Z O il] Q I I 0=20'25'22" R=2455.00 L=875.07 T=442.23 EXISTING LOT LINE S 1 /16 LINE SEC 287 11 06, 55 Ld a o � I PROPERTY "B" pG na[EL � pl0i pG�G3C�C d m[EnglEn 9002. 0= 31 *55' 15" R=2345.00 L=1306.46 T=670.67 —ADJUSTED LOT LINE N 89'26'35"E(R) 'PROPERTY „B„ N 57'07'53"W(R) Tr�3i 3(Bg 3 50' — < } z N 63'54'55"W(R) CALLE CONCH TA p=13'38'20" 5 6 7 e R=2455,00 L=584.40 T=293.59 N 77'33'15"W(R) PROPERTY �I „ It co N 00'17'42"E 2� , 100.00 60TH AVENUE EXISTING LOT LINE 0=33'25'32" R=2345.00 L=1368.04 T=704.10 0=6'47'02" R=2455.00 L=290.67 T=145.51 f Coral Mountain, LLC ® w 79-285 Rancho La Quinta trive La Quinta, CA 92253 CHECK DATE CHECK # 90000033 REF NO. 'INVOICE DATE INVOICE NO;/DESCRIPTION >GROSS AMOUNT DISCOUNT :PAY AMOUNT 10-21-02 City Fees $r2-59-411 Rqc-" , Loy GN �n�wl�cwr - Detach here and retain for your records - SOI7I'FTPRUST BANK - 61-08 Coral Mountain, LLC BIRMINGHAM,ALIBAMA Azo 79-285 Rancho La Quinta Drive La Quinta, CA 92253 VOID 90 DAYS AFTER DATE NO.90000033 10-21-02 *** $350.00 PAY: ***Three hundred fifty dollars and zero cents**** To THE ORDER OF: _ City Of La Quinta .f VOID IF NOT PRINTED ON GRAY TINTED BACKGROUND AUTHORIZED SIGNATURE -' 11.900000 3 3110 ':06 200001301: E8 7 L 5 2 12110 0 0 H t it � o��5 a P.O. Box 1504 78-495 CALLE TAMPICO LA QUINTA, CALIFORNIA 92253 January 17, 2003 Mr. Grady Sparks, President Coral Option I, LLC 79-285 Rancho La Quinta Drive La Quinta, CA 92253 SUBJECT: LOT LINE ADJUSTMENT 2002-390 Dear Mr. Sparks: (760) 7 7 7 - 7 0 0 0 FAX (760) 777-7101 The Community Development Department and Public Works Department have reviewed the above referenced application and provides this letter to advise you that it has been approved. Enclosed are approved Exhibits A and B, and the: corresponding grant deed with an approved copy. As the applicant, it is your responsibility to record the above mentioned documents with Riverside County. The City cannot file them for recordation on your behalf as we have no ownership interest. The Riverside County recorder's office can be reached at (909) 486-7000 for further information on fees, etc. This letter shall be presented to the County Recorder as verification that the City has approved the adjustment, and requesting it's recordation. There are utility agencies which may have easements affected by this approval. The City has approved this adjustment based on zoning compliance and correctness of the property descriptions. Any potential conflicts with recorded utility easements should be investigated prior to any construction. By execution of this approval, the applicant agrees to indemnify, defend and hold harmless the City of La Quinta from any legal claim or litigation arising out of the City's approval of these Lot Line Adjustments. Should you have any questions, please contact me at your earliest convenience at (760) 777-7068. Sincerely, JERRY HERMAN COMMUNITY DEVELOPMENT DIRECTOR MARTIN MAGANA Associate Planner Encl. c: Tim Jonnason, Public Works Department Order No. Escrow No. Loan No. El WHEN RECORDED MAIL TO: CORAL OPTION I, LLC 79-285 RANCHO LA QUINTA DRIVE. LA QUINTA, CA 92253 DOCUMENTARY TRANSFER TAX $...................................................... SPACE ABOVE THIS LINE FOR RECORDER'S USE ...... Computed on the consideration or value of property conveyed, OR ..... Computed on the consideration or value less liens or encumbrances remaining at time of sale. Signature of Declarant or Agent determining tax - Firm Name GRANT DEED FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, CORAL OPTION I, LLC, A DELAWARE LIMITED LIABILITY COMPANY hereby GRANT(S) to CORAL OPTION I, LLC A DELAWARE LIMITED LIABILITY COMPANY the real property in the City of LA QUINTA, County of RIVERSIDE, State of CALIFORNIA, described as SEE EXHIBITS "A" AND "B" ATTACHED HERETO AND BY REFERENCE MADE A PART HEREOF. NOTE: THIS GRANT DEED IMPLEMENTS THE REVISED LOT CONFIGURATIONS PURSUANT TO LOT LINE ADJUSTMENT 2002-390 AS APPROVED BY THE CITY OF LA QUINTA. ALL PROPERTY SUBJECT TO THIS LOT LINE ADJUSTMENT IS OWNED BY A SINGLE ENTITY, HENCE OWNERSHIP CONVEYANCE IS A NONESSENTIAL SECONDARY FUNCTION OF THIS DEED. THE PRIMARY FUNCTION OF THE DEED IS TO PROVIDE CONSTRUCTIVE NOTICE OF THE REVISED LOT CONFIGURATIONS PURSUANT TO GOVERNMENT CODE SECTION 66512 (D), AND TO PERFECT THE INTENT OF THE LOT LINE ADJUSTMENT 2002-390 AS APPROVED. Dated.."l_C?c`_j ...................................................I....... } STATE OF CIFORNIA }ss COUNTY OF .v:4. r!,.t.-(-t,"........................} On.... e.n. M..r., �'..�.... �. ZUI=�'5......._..... ...._ .................before me, t.:. personally appeared ......... ........... - ........... ....... .......... personally known to me (or proved to me on the basis of satisfactory evidence) to be the persons) 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 persons) or the entity upon behalf of which the persons) acted, executed the instrument. WITNESS hand and official seal. Signatu !.�%,Ly.t,c2�r.az...../. yrl 7�'r..:r,7✓lC."'` MAIL TAX STATEMENTS TO: CORA TION I, LLC, A DE A E LIMIT LIABILITY COMPANY By:. -.-._ �.`•......_.......�......'..:................... Grady N. Sparks ITS:...... President........ _...................._........................................ APPROVED BY THE CITY OF LA QUINTA COMMUNITY DEVELL/L//PP��//PMENT DEEP�T. By .. /..'.C..l'..�.... livL�y gi............................................. Date:..... �I( �r03..................................................................... CaseNo .. ......................... 3..U............................................... (This area for official notarial seal) EXHIBIT "A" PARCEL"A" LOT LINE ADJUSTMENT NO. 2002-390 THAT PORTION OF THE NORTH HALF OF THE NORTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, CALIFORNIA, LYING EASTERLY OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT THE NORTHWEST CORNER OF SAID SECTION 27; THENCE S 000 05' 35" W ALONG THE WEST LINE OF SAID SECTION 27 A DISTANCE OF 616.74 FEET TO THE BEGINNING OF A NON -TANGENT CURVE. (THE BEGINNING RADIAL BEARS S 770 5632" W); THENCE SOUTHEASTERLY ALONG A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH A CENTRAL ANGLE OF 17° 51' 58" AN ARC LENGTH OF 765.52 FEET TO THE SOUTHERLY LINE OF SAID NORTH HALF OF THE NORTHWEST QUARTER OF SECTION 27 AND THE POINT OF TERMINATION OF SAID DESCRIBED LINE. (THE ENDING RADIAL BEARS S 60° 04' 34" W). roved bv: Date Reso # G I'�z.nniny Commission D /CC'ity Council �Gommunay Dev. Dept. Initials Iy1vo i o Case No. U p Za�2 ' 3Ro Exhibit A 13 With Conditions Sheet I of 4 EXHIBIT "A" PARCEL "B" LOT LINE ADJUSTMENT NO.2002-390 THAT PORTION OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 27 TOWNSHIP 6 SOUTH RANGE 7 EAST SAN BERNARDINO MERIDIAN BEING A PORTION OF PARCEL 1 OF PARCEL MERGER 2002 - 397 RECORDED NOVEMBER 15. 2002 AS INSTRUMENT NUMBER 2002-673080. RECORDS OF RIVERSIDE COUNTY, CALIFORNIA TOGETHER WITH THAT PORTION OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH. RANGE 7 EAST SAN BERNARDINO MERIDIAN IN THE CITY OF LA QUINTA. COUNTY OF RIVERSIDE. CALIFORNIA: EXCEPTING THEREFROM THAT PORTION OF THE SOUTHWEST QUARTER 01, THE SOUTHWEST QUARTER OF SAID SECTION 27, LYING SOUTHERLY AND WESTERLY OF A STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER TO THE SOUTHEAST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER, LYING EASTERLY OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT THE NORTHWEST CORNER OF SAID SECTION 27; THENCE S 000 05' 35" W ALONG THE WEST LINE OF SAID SECTION 27, A DISTANCE OF 616.74 FEET TO THE BEGINNING OF A NON -TANGENT CURVE. (THE BEGINNING RADIAL BEARS N 770 33' 15" W); THENCE SOUTHEASTERLY ALONG A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 2.455.00 FEET THROUGH A CENTRAL ANGLE OF 170 5 P 58" AN ARC LENGTH OF 765.52 FEET TO THE NORTH LINE OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 27; THENCE CONTINUING SOUTHEASTERLY ALONG A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH A CENTRAL ANGLE OF 2033' 14" AN ARC LENGTH OF 109.43 FEET TO THE BEGINNING OF A REVERSE CURVE: THENCE SOUTHEASTERLY ALONG A CURVE CONCAVE SOUTHWESTERLY HAVING A RADIUS OF 2.345.00 FEET THROUGH .A CENTRAL ANGLE OF 65020' 47" AN ARC LENGTH OF 2,674.50 FEET TO THE BEGINNING OF A REVERSE CURVE: THENCE SOUTHWESTERLY ALONG A CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 2.455.00 FEET THROUGH A CENTRAL ANGLE OF 60 4702" AN .ARC LENGTH OF290.67 FEET TO SAID STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27 TO THE SOUTHEAST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27 AND THE POINT OF TERMINATION OF SAID DESCRIBED LINE: (THE ENDING RADIAL BEARS N 63° 54' 55" W): EXCEPTING THEREFROM THAT PORTION LYING WITHIN AVENUE 60. Sheet 2 of 4 EXHIBIT "A" PARCEL "C" LOT LINE ADJUSTMENT NO. 2002-390 THAT PORTION OF THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO MERIDIAN, IN THE CITY OF LA QUINTA, COUNTY OF RIVERSIDE, CALIFORNIA_ LYING SOUTHWESTERLY OF A STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER TO THE SOUTHEAST CORNER OF THE SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER AND LYING EASTERLY OF THE FOLLOWING DESCRIBED LINE: BEGINNING AT THE SOUTHWEST CORNER OF SAID SECTION 27; THENCE N 000 17' 42" E ALONG THE WEST LINE OF SAID SECTION 27 A DISTANCE OF 616.74 FEET TO THE BEGINNING OF A NON -TANGENT CURVE. (THE BEGINNING RADIAL BEARS N 770 33' 15" W). THENCE NORTHEASTERLY ALONG A CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH A CENTRAL ANGLE OF 130 38' 20" AN ARC LENGTH OF 584.40 FEET TO A POINT ON SAID STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27 TO THE SOUTHEAST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER OF SECTION 27, SAID POINT BEING THE TERMINATION OF SAID DESCRIBED LINE. (THE ENDING RADIAL BEARS N 63° 54' 55" W). Sheet 3 of 4 EXHIBIT "A" PARCEL "D" LOT LINE ADJUSTMENT NO. 2002-390 THAT PORTION OF THE NORTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST TOGETHER WITH THAT PORTION OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SAID SECTION 27, LYING WESTERLY OF THE, FOLLOWING DESCRIBED LINE: BEGINNING AT THE NORTHWEST CORNER OF SAID SECTION 27; THENCE S 000 05' 35" W ALONG THE WEST LINE OF SAID SECTION 27 A DISTANCE OF 616.74 FEET TO THE BEGINNING OF A NON -TANGENT CURVE. (THE BEGINNING RADIAL BEARS S 770 5632" W); THENCE SOUTHEASTERLY ALONG A CURVE CONCAVE NORTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH A CENTRAL ANGLE OF 20° 25' 12" AN ARC LENGTH OF 874.95 FEET TO THE BEGINNING OF A REVERSE CURVE; THENCE SOUTHEASTERLY AND SOUTHWESTERLY ALONG A CURVE CONCAVE WESTERLY THROUGH A CENTRAL, ANGLE OF 650 20' 47" HAVING A RADIUS OF 2,345.00 FEET AN ARC LENGTH OF 2,674.50 FEET TO THE BEGINNING OF A REVERSE CURVE; THENCE SOUTHWESTERLY ALONG A CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 2,455.00 FEET THROUGH A CENTRAL ANGLE OF 200 25' 22" AN ARC LENGTH OF 875.07 FEET TO THE WEST LINE OF SAID SECTION 27; THENCE S 000 1 T 42" W ALONG THE WEST LINE OF SAID SECTION 27 A DISTANCE OF 616.74 FEET TO THE SOUTHWEST CORNER OF SAID SECTION 27 AND THE POINT OF TERMINATION OF SAID DESCRIBED LINE. EXCEPTING THEREFROM THE WESTERLY 30.00 FEET OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF SAID SECTION 27. Sheet 4 of 4 XHIBIT 9918 LOT LINE ADJUSTMENT NO. 2002-390 BEING A PORTION OF THE WEST HALF OF SECTION 27, T6S, R7E, SBM AVENUE 58 _ 2640'+ p40FE 20*25'12,. R=2455.00 ,:'.C.431, 2Cu4 �I L=874.95 T=442.17 z r3 oZ T LINE EXISTING ,�s7 205. 7" I 34 L=2674.50 T=1503.91 E- 30y1 I E-" o S /4 COR «: z m O c o = O Q U A p� j C UC U E 6 °= c 20'25'22" _ R=2455.00 o ro � 0 - L=875.07 0000ii.D- U = r T=442.23 <IL3 � U w (EIXISTING LOT LINE 1 S 1/16 LINE SEC 28 1 TR 3803 50 5 1 6 1 7 1 8 2�a Z NORTH 1 /4 CDR N 77'56'32"E R=2455,00 PARCEL "A" L=765.52 T= 385.89 N 60'04'34"E(R) 0=2.33'14" R=2455.00 \\ L=109.43 N 57'31'20"E(R) T=54.72 55 CENTERLINE OF FUTURE MADISON STREET PARCEL "B" pl%n(C I � PlElm [PlIT0EEL 1 HIMEn ADJUSTED LOT LINE EXISTING LOT LINE CENTER OF SECTION 27 PARCEL 1+1 it It 0 N 57'07'53"W(R) N 63'54'55"W(R) _ n,=13*38'20" R=2455.00 L=584.40 T= 293.59 PARCEL \ „^„ 1 320'± - - 0=6'47'02" R=2455.00 L=290.67 T=145.51 AVENUE 60 0 rn 0 P ZE MEMORANDUM PUBLIC WORKS DEPARTMENT TO: Martin Magana, Associate Planner FROM: Elsa S. Paisley, Associate Engineer eVr DATE: January 10, 2003 RE: LLA 2002-390 CORAL OPTION I Enclosed are the originals of the legal descriptions and plot with wet seal and signature by the preparer. The checking of the legal description is completed and ready for your processing. If you have any questions, please call me at extension 7044. T;\pwdepl\staff\Paisley\LLA\Memo-LLA 02-387.wpd 0 d LETTER OF TRANSMITTAL COMMUNITY DEVELOPMENT DEPARTMENT To: Steve Speer From: Martin Magana YV`V" ` Cases: LLA 02-39b Location: See Attached Information Date: November 1, 2002 Ref: Lot Line Adjustment applications Proposal: Adjust properties due to proposed realignment of Madison Street between Avenue 58 and Avenue 60. Attached find an application for a Lot Line Adjustment for parcels 764-200-001, 002 & 003 (these are being merged and processed by Community Development Department), 764-210-001 & 006. NOTE: Please review this proposal and provide comments as soon as possible. The above is transmitted via: Mail Fed Ex Fax Hand Other ® 0 Fidelity National Title Company PRELIMINARY REPORT In response to the application for a policy of title insurance referenced herein, Fidelity National Title Company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage of said Policy or Policies are set forth in Exhibit A attached. Copies of the Policy forms should be read. They are available from the office which issued this report. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. The Policy(s) of title insurance to be issued hereunder will be policy(s) of Fidelity National Title Insurance Company, a California Corporation. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects and encumbrances affecting title to the land. Fidelity National Title Company ., 9V p'Opv0q,' .. a SEAL ATTEST �� Sxrebry IIIII Fidelity National Title Company Builder Services 1 300 Dove Street, Suite #310 • Newport Beach, CA 92660 (949) 622-5000 • FAX (949) 477-6835 PRELIMINARY REPORT TITLE OFFICER: John M. Glance TO: TD Desert Development 79-285 Rancho La Quinta La Quinta, CA 92253 ATTN: Patrick O'Dowd YOUR REFERENCE.: Madison St. PROPERTY ADDRESS: , La Quinta, California ORDER NO.: 9790655 - A Amendment LOAN NO.: SHORT TERM RATE: EFFECTIVE DATE: September 16, 2002, 07:30 A.M. The form of Policy or Policies of title insurance contemplated by this report is: 1 . THE ESTATE OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR REFERRED TO COVERED BY THIS REPORT IS: A Fee 2. TITLE TO SAID ESTATE OR INTEREST AT THE DATE HEREOF IS VESTED IN: CORAL OPTION I, LLC, a Delaware limited liability company, as to Parcels 1, 2 and 5; CORAL MOUNTAIN, LLC, a Delaware limited liability company, as to Parcels 4 and 7 3. THE LAND REFERRED TO IN THIS REPORT IS SITUATED IN THE CITY OF LA QUINTA, IN THE COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS: SEE EXHIBIT "ONE" ATTACHED HERETO AND MADE A PART HEREOF JMG\SC 10/01/2002 Order No. 9790655 - A EXHIBIT "ONE" PARCEL 1: PARCEL 1A: (764-200-003) THE SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO BASE AND MERIDIAN; EXCEPTING THEREFROM THE NORTH 180.00 FEET OF THE WEST 360.00 FEET THEREOF; ALSO EXCEPTING THEREFROM THAT PORTION THEREOF LYING WITHIN MADISON STREET. PARCEL 1B: (764-210-001,002& 003) THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO BASE AND MERIDIAN; EXCEPTING THEREFROM THAT PORTION OF THE SOUTHWEST QUARTER OF SAID SOUTHWEST QUARTER LYING SOUTHERLY AND WESTERLY OF A STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF THE SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER TO THE SOUTHEAST CORNER OF SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER. EXCEPTING THEREFROM THAT PORTION THEREOF LYING WITHIN 60TH AVENUE. PARCEL 2: (764-200-001, 004, 005 & 006) THE NORTH HALF OF THE NORTHWEST QUARTER AND THE WEST HALF OF THE NORTHEAST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO BASE AND MERIDIAN. PARCEL 4: R64-200-002) THE NORTH 180 FEET OF THE WEST 360 FEET OF THE SOUTH HALF OF THE NORTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO BASE AND MERIDIAN. EXCEPTING THEREFROM THAT PORTION DESCRIBED IN DOCUMENT RECORDED APRIL 17, 1959, AS INSTRUMENT NO. 32692, OFFICIAL RECORDS. PARCEL 5: (764-210-006) THAT PORTION OF THE SOUTHWEST QUARTER OF SECTION 27, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO BASE AND MERIDIAN, LYING SOUTHWESTERLY OF A STRAIGHT LINE DRAWN FROM THE NORTHWEST CORNER OF THE SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER TO THE SOUTHEAST CORNER OF THE SAID SOUTHWEST QUARTER OF THE SOUTHWEST QUARTER. PARCEL 7: PARCEL 7A: (766-070-005) THE NORTHEAST QUARTER OF THE NORTHEAST QUARTER OF SECTION 28, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO BASE AND MERIDIAN, ACCORDING TO E Order No. 9790655 - A THE OFFICIAL PLAT THEREOF, PARCEL 76: (766-070-003& 006) THE SOUTHEAST QUARTER OF THE NORTHWEST QUARTER, THE SOUTHERLY 180.00 FEET OF THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER, THE SOUTH HALF OF THE NORTHEAST QUARTER, THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER, EXCEPT THE WEST 820.00 FEET THEREOF; AND THE SOUTHERLY 180.00 FEET OF THE WEST 820.00 FEET OF THE NORTHWEST QUARTER OF THE NORTHEAST QUARTER, ALL IN SECTION 28, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO BASE AND MERIDIAN. EXCEPTING THEREFROM THAT PORTION THEREOF INCLUDED WITHIN 58TH AVENUE. PARCEL 7E: (766-080-004) THE NORTH HALF OF THE SOUTHEAST QUARTER OF SECTION 28, TOWNSHIP 6 SOUTH, RANGE 7 EAST, SAN BERNARDINO BASE AND MERIDIAN. ALSO EXCEPTING THEREFROM ALL MINERALS AS RESERVED BY THE UNITED STATES OF AMEF3ICA IN PATENT RECORDED JANUARY 21, 1902 IN BOOK 3, PAGE 53 OF PATENTS, RECORDS OF RIVERSIDE COUNTY, CALIFORNIA. Order No. 9790655 - A AT THE DATE HEREOF, ITEMS TO BE CONSIDERED AND EXCEPTIONS TO COVERAGE IN ADDITION TO THE PRINTED EXCEPTIONS AND EXCLUSIONS IN SAID POLICY FORM WOULD BE AS FOLLOWS: 1 2. 3. 4. 5 51 7 Property taxes, which are a lien not yet due and payable, including any assessments collected with taxes to be levied for the fiscal year 2002-2003. Supplemental assessment for 2001-2002 Bill No.: 764-200-002-3 1st Installment: $546.92 OPEN Must be paid by: December 10, 2002 2nd Installment: $546.92 OPEN Must be paid by: April 10, 2003 The lien of supplemental taxes, if any, assessed pursuant to the provisions of Chapter 3.5 (Commencing with Section 75) of the Revenue and Taxation code of the State of California. Water rights, claims or title to water, whether or not disclosed by the public records. THE FOLLOWING AFFECTS PARCEL 1: Easement(s) for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: Imperial Irrigation District Purpose: Pole lines and/or conduits or underground facilities Recorded: May 15, 1989, Instrument No. 156839, of Official Records Affects: A portion of said land as described therein Easement(s) for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: United States of America Purpose: Water pipeline Recorded: December 8, 1949, Book 1130, Page 116, of Official Records Affects: A portion of said land as described therein Affects: Parcel B Easement(s) for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: Imperial Irrigation District Purpose: Pole lines and/or conduits or underground facilities Recorded: May 14, 1952, Book 1368, Page 321, of Official Records Affects: A portion of said land as described therein Affects: Parcel A 4 ITEMS: (Continued) ® ® Order No. 9790655 - A 8. Easement(s) for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: Imperial Irrigation District Purpose: Public utilities Recorded: November 4, 1954, Book 1650, Page 486, of Official Records Affects: A portion of said land as described therein 9. Rights of the public as to any portion of the land lying within the area commonly known as 30.00 feet on each side of section lines, pursuant to a Resolution of the Board of Supervisors of the County of Riverside, dated January 9, 1901, recorded April 17, 1959 as Instrument No. 32692, Official Records. 10. Easement(s) for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: Coachella Valley County Water District Purpose: Underground pipelines Recorded: November 14, 1960, Instrument No. 97202, of Official Records Affects: A portion of said land as described therein Affects: Parcel A 11. Matters contained in that certain document entitled "Memorandum of Option Agreement" dated April 30, 2000, executed by and between Coral Mountain Development, L.L.C., a Delaware limited liability company and TD Desert Development Corp., a Delaware corporation, recorded May 23, 2000, Instrument No. 2000-196295, of Official Records. Reference is hereby made to said document for full particulars. 12. A deed of trust to secure an indebtedness in the amount shown below, and any other obligations secured thereby Amount: $10,850,000.00 Dated: January 15, 2002 Trustor: Coral Option I, LLC, a Delaware limited liability company Trustee: Fidelity National Title Company, a California corporation Beneficiary: Drummond Company, Inc., an Alabama Corporation Loan No.: None Shown Recorded: January 17, 2002, Instrument No. 2002-028628, of Official Records THE FOLLOWING AFFECTS PARCEL 2: 13. Easement(s) for the purpose(s) shown below and rights incidental thereto as reserved in a document; Reserved by: Southern Pacific Railroad Company Purpose: Railroads and utilities Recorded: December 5, 1905, Book 208, Page 349, and January 9, 1906 in Book 220, Page 60, respectively of Deeds i ITEMS: (Continued) ® ® Order No. 9790655 - A 14. Easement(s) for the purposes) shown below and rights incidental thereto as granted in a document; Granted to: United States of America Purpose: Water pipeline Recorded: December 8, 1949, Instrument No. 970, of Official Records Reference is made to said document for full particulars. 15. An appurtenant easement for ingress and egress over a road along the Easterly line of the herein described property from Avenue 58, as reserved in deed from Brian de Lacy Aterne, a married man to Mike A. Kazarian, et al dated December 22, 1955 and filed for record December 28, 1955 in Book 1839, Page 183, Official Records. 16. The right to purchase water from a well described as Well No. 3 located on the herein described property, as reserved in deed from Brian de Lacy Aherne, a married man, to Mike A. Kazarian et al dated December 22, 1955 and filed for recorded December 28, 1955 in Book 1839, Page 183 of Official Records. 17. Right of way easements for the installation and maintenance of an underground pipe line for transmission of subsurface drainage water with right of ingress and egress for such purposes over the North 50.00 feet of the South 80.00 feet and the North 60.00 feet of the South 140.00 feet of the East 500.00 feet of the West half of the Northeast quarter of Section 37 herein described, as condemned by the Coachella Valley County Water District in Decree of Condemnation, a certified copy of which was filed for record October 17, 1962 as Instrument No. 96508 of Official Records. 18. Easement(s) for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: General Telephone Company of California, a corporation Purpose: Public utilities Recorded: October 18, 1988, Instrument No. 300667, of Official Records Affects: The West half of the Northeast quarter of Section 27, Township 6 South, Range 7 East, San Bernardino Base and Meridian Excepting therefrom the Northerly 30.00 feet for road purposes. Said easement being the Easterly 10.00 feet of the Northerly 631 .00 feet of the above described parcel. 19. Easement(sl for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: Imperial Irrigation District Purpose: Public utilities Recorded: February 9, 1989, Instrument No. 41518, of Official Records Affects: The South 60.00 feet of the North 90.00 feet of the East 150.00 feet of the herein described property 20. Easement(s) for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: Iron County Farms, Inc. Purpose: Road, ingress and egress Recorded: September 9, 1999, Instrument No. 1999-405427, of Official Records Affects: Described as follows: ITEMS: (Continued) ® ® Order No. 9790655 - A The Easterly 20.00 feet of the Northerly 911 .00 feet of the North half of the Northwest quarter and the West half of the Northeast quarter of Section 27, Township 6 South, Range 7 East, San Bernardino Base and Meridian. THE FOLLOWING AFFECTS PARCEL 4: 21. Reservations contained in the Patent from the United States of America, as follows: Subject to any vested and accrued water rights for mining, agricultural, manufacturing, or other purposes and rights to ditches and reservoirs used in connection with such water rights, as may be recognized and acknowledged by the local customs, laws and decisions of the courts, and the reservation from the land hereby granted, a right of way thereon for ditches or canals constructed by the authority of the United States, recorded in Book 3, Page 53 of Patents. 22. Easement(s) for the purpose(s) shown below and rights incidental thereto as reserved in a document; Reserved by: Southern Pacific Railroad Company Purpose: Pipelines and railroad Recorded: January 9, 1906, Book 220, Page 60, of Deeds THE FOLLOWING AFFECTS PARCEL 5: 23. Covenants, conditions and restrictions (deleting therefrom any restrictions indicating any preference, limitation or discrimination based on race, color, religion, sex:, handicap, familial status or national origin) as set forth in the document Recorded: November 17, 1905, Book 211, Page 146, of Deeds 24. Easement(s) for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: The United States of America Purpose: Water pipeline Recorded: December 8, 1949, Book 1130, Page 116, of Official Records 25. Easementls) for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: Imperial Irrigation District Purpose: Power line Recorded: November 4, 1954, Book 1650, Page 487, of Official Records Affects: Described as follows: A line which is parallel with and 1.00 foot South of the North line of the South 1/2 of the above described property, also being a line which is parallel with and 29.00 feet West of the East line of the North 1/2 of the above described property. 7 ITEMS: (Continued) ® 0 Order No. 9790655 - A 26. A deed of trust to secure an indebtedness in the amount shown below, and any other obligations secured thereby Amount: $1,700,000.00 Dated: December 18, 2001 Trustor: Coral Option I, LLC, a Delaware limited liability company Trustee: Fidelity National Title Company Beneficiary: Drummond Company, Inc., an Alabama Corporation Loan No.: None Shown Recorded: December 27, 2001, Instrument No. 2001-0644717, of Official Records THE FOLLOWING AFFECTS PARCEL 7: 27. Easement(s) for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: Ethel L. Hicks, at al Purpose: Road Recorded: November 29, 1956, Book 2005, Page 328, of Official Records Affects: Parcel B with other property 28. Rights of the public as to any portion of the land lying within the area commonly known as 30.00 feet on each side of section lines, pursuant to a Resolution of the Board of Supervisors of the County of Riverside, dated January 9, 1901, recorded April 17, 1959, Instrument No. 32692, of Official Records. 29. Easement(s) for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: Coachella Valley County Water District Purpose: Underground pipelines Recorded: September 28, 1960, Instrument No. 84414, of Official Records Affects: Described as follows: Within the North 50.00 feet of the South 80.00 feet of that portion of the Southeast quarter of Northeast quarter of Section 28, Township 6 South, Range 7 East, San Bernardino Base and Meridian. 30. Easementls) for the purpose(s) shown below and rights incidental thereto as granted in a document; Granted to: General Telephone Company of California, a corporation Purpose: Public utilities Recorded: September 1, 1987, Instrument No. 253363, of Official Records Affects: Described as follows: I ITEMS: (Continued) ® 0 Order No. 9790655 - A A strip of land, 10.00 feet in width, lying within the West half of Section 28, Township 6 South, Range 7 East, San Bernardino Base and Meridian, according to the official plat thereof, the center line of said 10.00 foot strip of land is described as follows: Commencing at a point on the North line of said Section 28, North 89041' East, 1307.65 feet of the Northwest corner thereon; thence South 0° 15' East, 54.00 feet; thence South 2°32' West, 770.4 feet; thence South 00 12' East, 354.4 feet; thence South 2059' East, 94.4 feet to the true point of beginning of this strip description; thence continuing south 32059' East, 83.1 feet; thence South 9034' East, 1975.9 feet; thence South 3121' West, 104.5 feet; thence South 0°54' West, 60.8 feet; thence South 24016' East, 329.5 feet; thence South 11'32' East, 280.5 feet; thence North 88026' East, 380.4 feet to a point in the Southeast quarter of the Southwest quarter of Section 28. 31. Any facts, rights, interests, or claims which may exist or arise by reason of the following facts disclosed by survey, Job No. None Shown, dated August 18, 2000 prepared by Paul D. Cook at A.E.I. Casc Engineering: A) The easements of lesser rights of utility companies by reason of utility poles located near the East property line, Southerly portion and Northerly portion of the subject property. B) The fact that water strand pipes are located in various points within the subject property. C) The fact that a water valve is located in the Northerly portion of the subject property. D) The fact that there are various dirt roads located throughout the subject property. E) The fact that underground G.T.E. telephone cable warning posts are located along the East boundary line of the subject property. Location of underground cables unknown. F) The fact that there are various unknown concrete structures located within the subject property. G) The fact that a wrought iron fence is located near the Northerly property line of the subject property. H) The fact that an unidentified structure is located 660.1 feet from the most Northerly line of the subject property. The fact that an abandoned house is located 347.8 feet from the most Westerly North line of the subject property. J) The fact that 6' high wire fence is located in the Southerly portion of the subject property and a barbed wire fence is located in the Northerly portion of the subject property. K) The fact that a corral is located in the Southerly portion of the subject property. L) The fact that a telephone closure is located near the unidentified structure in the most Northerly portion of the subject property. ITEMS: (Continued) ® ® Order No. 9790655 - A 32. A deed of trust which purports to secure performance of an agreement referred to therein, and any other obligations secured thereby Dated: November 6, 2000 Trustor: Coral Mountain, LLC, a Delaware limited liability company Trustee: Fidelity National Title Insurance Company Beneficiary: T.D. Desert Development Limited Partnership, a Delaware limited partnership Recorded: November 17, 2000, Instrument No. 2000-461422, of Official Records An assignment of the beneficial interest under said deed of trust which names: Assignee: SouthTrust Bank, an Alabama banking corporation Loan No.: None Shown Recorded: January 31, 2001, Instrument No. 2001-041948, of Official Records 33. A financing statement filed in the Office of the County Recorder, showing Debtor: Coral Mountain, LLC Secured Party: T.D. Desert Development Limited Partnership Date: None Shown Recorded: November 17, 2000, Instrument No. 2000-461423, of Official Records A change to the above financing statement was filed Nature of Change: Assignment to SouthTrust Bank Recorded: November 17, 2000 as Instrument No. 2000-461424 of Official Records 34. Matters contained in that certain document entitled "Memorandum of Agreement" dated November 22, 2000, executed by and between Coral Mountain Development, LLC, a Delaware Limited Liability Company, Shea Homes, Inc., a Delaware corporation, Coral Mountain, LLC, a Delaware Limited Liability Company, and T.D. Desert Development Corporation, a Delaware corporation recorded November 27, 2000, Instrument No. 2000-470160, of Official Records. Reference is hereby made to said document for full particulars. END OF ITEMS Note 1. Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: APN: Fiscal year 1st Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property: Code Area: 766-070-003-7 2001-2002 $11,459.46 PAID $11,459.46 PAID $0.00 $2,028,000.00 $0.00 $0.00 058-080 10 • ITEMS: (Continued) ® ® Order No. 9790655 - A Note 2. Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: Note 3 Note 4. Note 5. APN: Fiscal year 1st Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property: Code Area: 766-070-005-9 2001-2002 $9,729.90 PAID $9,729.90 PAID $0.00 $1,721,500.00 $0.00 $0.00 058-085 Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: APN: Fiscal year 1st Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property: Code Area: 766-070-006-0 2001-2002 $25,835.36 PAID $25,835.36 PAID $0.00 $4,581,000.00 $0.00 $0.00 058-085 Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: APN: Fiscal year 1st Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property: Code Area: 766-080-004-9 2001-2002 $20,178.73 PAID $20,178.73 PAID $0.00 $3,564,000.00 $0.00 $0.00 058-085 Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: APN: Fiscal year 1st Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property: Code Area: 764-200-001-2 2001-2002 $713.22 PAID $713.22 PAID $0.00 $126,590.00 $0.00 $0.00 058-085 11 ITEMS: (Continued) ® Order No. 9790655 - A Note 6. Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: Note 7 Note 8 Note 9 APN: Fiscal year 1st Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property Code Area: 764-200-002-3 2001-2002 $651.87 PAID $651.87 PAID $0.00 $33,438.00 $61,308.00 $0.00 058-085 Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: APN: Fiscal year 1st Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property: Code Area: 764-200-003-4 2001-2002 $3,877.66 PAID $3,877.66 PAID $0.00 $714,136.00 $0.00 $0.00 058-085 Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: APN: Fiscal year 1st Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property: Code Area: 764-200-006-7 2001-2002 $529.73 PAID $529.73 PAID $0.00 $92,189.00 $0.00 $0.00 058-085 Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: APN: Fiscal year 1st Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property: Code Area: 764-200-004-5 2001-2002 $14.89 PAID $14.89 PAID $0.00 $919.00 $0.00 $0.00 058-085 12 11 ITEMS: (Continued) Order No. 9790655 - A Note 10. Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: Note 11 Note 12. Note 13 APN: Fiscal year list Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property Code Area: 764-210-001-3 2001-2002 $2,955.69 PAID $2,955.69 PAID $0.00 $542,882.00 $0.00 $0.00 058-085 Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: APN: Fiscal year 1st Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property Code Area: 764-210-002-4 2001-2002 $2,060.93 PAID $2,060.93 PAID $0.00 $376,682.00 $0.00 $0.00 058-085 Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: APN: Fiscal year 1st Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property: Code Area: 764-210-003-5 2001-2002 $1,966.44 PAID $1,966.44 PAID $0.00 $359,133.00 $0.00 $0.00 058-085 Property taxes for the fiscal year shown below are PAID. For proration purposes the amounts are: APN: Fiscal year 1st Installment: 2nd Installment: Exemption: Land: Improvements: Personal Property: Code Area: 764-210-006-8 2001-2002 $3,347.05 PAID $3,347.05 PAID $0.00 $ 372, 305.00 $156,817.00 $0.00 058-085 Note 14. Section 12413.1, California Insurance Code became effective January 1, 1990. This legislation deals with the disbursement of funds deposited with any title entity acting in an escrow or subescrow capacity. The law requires that all funds be deposited and collected by the title entity's escrow and/or subescrow account prior to disbursement of any funds. Some methods of funding may subject funds to a holding period which must expire before any funds may be disbursed. In order to avoid any such delays, all fundings should be done through wire transfer, certified check or checks drawn on California financial institutions. 13 ITEMS: (Continued) E Order No. 9790655 - A Note 15. The charge where an order is cancelled after the issuance of the report of title, will be that amount which in the opinion of the Company is proper compensation for the services rendered or the purpose for which the report is used, but in no event shall said charge be less than the minimum amount required under Section 12404.1 of the Insurance Code of the State of California. If the report cannot be cancelled "no fee" pursuant to the provisions of said Insurance Code, then the minimum cancellation fee shall be that permitted by law. Note 16. California Revenue and Taxation Code Section 18668, effective January 1, 1991, requires that the buyer in all sales of California Real Estate, wherein the Seller shows an out of State Address, withhold 3-1/3% of the total sales price as California State Income Tax, subject to the various provisions of the law as therein contained. 14 SIB O v v i h c i 0 v I _s - RQ�- Z-� eg o r Description: Riverside, CA Assessor Map 764.20 Page: 1 of 1 Order. jmg-655 Comment: i i O w I Ii i Description: Riverside, CA Assessor Map 764.21 Page: 1 of 1 Order. jmg-655 Comment: N G T b I' =' a v 7 i l C a V ag V JI Description: Riverside, CA Assessor Map 766.7 Page: 1 of 1 order jmg-655 Comment: C N n E a bb'o n T j S Co iI i Description: Riverside, CA Assessor Map 766.8 Page: 1 of 1 Orderjmg-655 Comment EXHIBIT A AMERICAN LAND TITLE ASSOCIATION RESIDENTIAL TITLE INSURANCE POLICY (6-1-87) EXCLUSIONS In addition to me Exceptions in Schedule e, you are not insured against loss, cons, attorneys fees, and ..pens.. resulting from'. 1 Gov ial police power, and me afforce o iolaton of any law or government regulation. This includes building and zoning ordinances and also laws and regulations concerning: land us. • improvements on me land • land division environmental protection This exclusion does not apply to vclations or the enforcement of these matters which appear 'n the public records at policy data. This exclusion does not limit me zoning c rage described n Items 12 and 13 of Covered Title Risks. 2 Th. right 1. take me land by condom ing Ito unles notice of e.erdsing me right appears n the public records on the Policy Date • fine taking happened prior to the Policy Dow and is binding on you if you bought the land without for wild, of the taking 3. Title Risks: • that are created. allowed, or agreed to by you • that a e known to you, but not to us, on the Policy Date uniks- they ....read In the public records • that result in no loss to you that first affect your title after Ne Policy Data - this does not larat the labor and material lien raga an ken B of Covered Title Risks 4. poll to pay value for your title. 5. Lack of a right: • to any land outside the area specifically described and referred to an Item 3 of Schedule A or In streets, alleys, or waterways mat touch your land This exclusion does not limit me access my rage in Item 5 of Covered Title Risks. SCHEDULE B EXCEPTIONS In addition to the Exclusions, you are not insured against loss, costs, attorneys rose, and fine expense. dng from'. 1 resul Any rights. ntxerts, or claims of parties 'in possession of the land not shown by the public records 2. Any easements or liens not shown by the public records This does not Imit the lien coverage in Item 0 of Covered Title Risks. 3. Any toots about me land which a correct survey would disclose and which are not shown by One public records . This does not limit the forced removal coverage n item 12 of covered Tire Risks. 4. Any water rights or clams or title to water n or under me land, whether or not shown by the public records. CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY - 1990 EXCLUSIONS FROM COVERAGE The following matters are experi excluded from the coverage of this policy and me Company will not at pay loss or damage, cos, attorneys fees or expenses which arise by reason 0 1. lad Any law, ordnance or governmental regulation Troubling but not limited to building and aonng laws, ordidances, or regulations) restricting, regulating, prohibiting or relating (II the occupancy, enjoyment of of land; hil the character, dimensions or location of any nprovement now or hereafter acted on the land: (s) a separation in ownership or a change in the dimensions o th of e land o any par of which the land is aa part or Iv) a ental protection, or the effect of any iolation of Nlawn, prominent lapro or governmental regulation., except to the extent that a notice of fine enforcement thereof or a notice of a defect, lien or ancringrance resulting from a violation or alleged iolab d affecting the land has been recorded In the public records at Date of Policy. N) Any governmental police power not excluded by (a) above,except to me extent that a notice of the e thereof o notice of adefect, lien or encumbranceresulting from violation or alleged violation affecting the land has been recorded In the public records at Date of Policy. 2. Rights of eminent domain unless notice of the exercise thereof has been recorded In the public records at Date of Policy, but not excluding from coverage any taking which has occurred prior m Date of Policy which would be binding on the rights of a purchaser for valve without knowledge. 3. Defects, liens, encumbrances, adverse claims, or other matters'. lad whether or not recorded in me public records at Data of Policy, but created, suffered, assumed or agreed to by the red claimant; (b) not known to rthe Company, not recorded in me public records at Date of Policy, but known to the ured claimant and not disclosed in writing to the Company by me insured claimant prior to the data the insured claimant became a red under this policy; (c) result" in no loss or damage m The'msured clamant (d) attaching orcreated subsequent to Date of Policy; or (a) resulting in loss or damage which would not have been ustained if the insured claimant had paid value for the csured mortgage or for one estate or interest soured by this polity. Unenfcrceabil'rty, of the lien of me insured mortgage because of Na inability or failure of the insuretl at Date of Policy, or the'nablloy or failure of any subsequent owner of the indebtedness, to comply with the applicable doing business laws of The at.. in which the land a situated. Invalidity or unsinforcipabiliby of me lien of the insured mortgage, clam thereof, which arises out of the transaction evidenced by mins ured sured mortgage and is based upon usury or any consumer credit protection or truth n lending law. Any claim which arises out of the transaction vesmg in the insured the estate of interest 'Insured by mix policy or Ne transaction creating the Interest of the insured larger. by reason of I operation of federal bankruptcy, state insolvency or similar creditors' rights laws. SCHEDULE B, PART EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage land the Company will not pay costs. attorneys' fees or expenses) which arise by reason of PART 1 1. Taxes assessments which a not shown as existing liens by the ords of any taxing authority mat 3. Easements, lien encumbrances,claims thereof, which a not shown by the public records levies taxes or ents oo real property or by the public ordsc Proceedings by a public agency 4. Diecmpan conflicts in bound.,, India. shortage In m a er achen6, or any other facts which winch may oculy na taxes o des .smarts, or notices of such proceatl'si whether, or not shown by a correct survey would disclose, and which are not shown b/ the e public records me records of such agency or by the public records, 5. (al Unplumbed palming ' claims; in r s vetionc ...burs in patentsor in Acts ough—par, g the 2. Any facts, rights, in which a not shown by the public records but which could be a thereof; (c) water rights. clam ther or title to water, wheor not the matters excepted under ascertained by a inspection of the land or which may be asserted by persons In possession thereof is), Ibl, or (d are shown by the public records. ® 0 EXHIBIT A (CONTINUED) AMERICAN LAND TITLE ASSOCIATION LOAN POLICY (10-17-92) WITH A.L.T.A. ENDORSEMENT -FORM 1 COVERAGE AND AMERICAN LAND TITLE ASSOCIATION LEASEHOLD LOAN POLICY (10-17-92) WITH A.L.T.A. ENDORSEMENT -FORM 1 COVERAGE EXCLUSIONS FROM COVERAGE Tha fouowmp matters are exPI... N excluded noon Me coverage of Min policy and Me company will not pay Icza or damage, costs, ....mays' fees or expenses which arise by reason of'. t la)Any law, ordinance or governmarrical regulation l'ncluding butnotlmited tobullding and zoning laws, ordin regulations) ...intbna. regulating, pminsion, or sating to if Me o ..panty, u enjoyment of Me land, Ili) Me character, dimensions or location of any 'mprovemem now or hereafter acted on to land, till a separation In ownership or a change in Me dimensions or area of Me land or any prcel of which Me land is or aa part: or (iv) environmental protection, or Me effect of any kletion of Mess laws, ordinances or governments r... lations,except to Me extent Mat a notice of Me enforcement thereof or a loos. of a defect, lien or encumbrance resulting from a violation or alleged violation affecting Me land has been recorded on Me public records at Date of Policy. Ib) Any governmental police power not excluded by (a) above, except to Me extent Mat a notice of Me exercise thereof or a notice of a defect, lien o encumbrance resulting from a violation or alleged violation affecting Me land has been recorded 'In rMe public records at Data of Policy. 2. Rights of eminent doman unless notice of Me exercise thereof has been recorded In Me public records at Date of Policy, but not excluding from coverage any taking which has occurred prior M Data of Policy which would be binding on Me rights of a purchaser for value without knowledge. 3. Defects, liens, encumbrances, adverse claims, or other matters: (a) cleared, suffered, assumed or agreed to by Me insured claimant; (b) not known to Ma Company, not recorded 'n Mepublic records at Date of Policy, but known to Me insured claimant and not disclosed n writing to Me Company by Me'nsured clamant prior to Me data Me Insured claimant became an snored under Mis policy; d resulting 'n no loss or damage in Me insured claimant, (d) attaching or created subsequent o Date of Policy (except to he extent Met this policy mores Me priority of Me lien of Me insured mortgage over any statutory lien for services, labor or material or to Me extent's n is afforded heren as to assessments for steel Improvements under construction or completed at Dateof Policyl; o (al esultnp in loss or damage which would not have been sustained if Me Insured clamant had paid value for Me insured mortgage 4. Unenforceadrinyof the lien of Me insured mortgage because of Me nabillry or failure of Me Insured at Data of Policy, or Me' —bill, or failure of any subsequent owner of Me indebtedness to comply wiM applicable doing puniness laws of the state in which Me land is situated. 5. Invalidity or unenfor eability of Me lien of Men urea mortgage. claim thereof, which a but of Me transaction evidenced by Me insured mortgage and Is basedupon usury or any consumer credit ,olephon or onto m landing law. 6. Any statutory lien for service, labor or materials (or Me claim of priority of any statutory lien for services, labor or materials over Me lien of Me' r nsured mortgage) leing from an improvement or work related to Me land which is conthearand for and commenced subsequent to Date of Policy and es not financed In whole or n part by proceeds of Me Indebtedness secured by Me soured mortgage which at Date of Policy Me insured has advanced o obligated to advance. l 7. Any claim which a out of Me transaction creating Me Poorest of Me mortgagee red by Mls policy, by reason of Me operation of federal bankruptcy, apse nsoNency, o cmilar oredilos' rights Iaws, Mat is based in (i) Me transaction creating Me'marest of Me'nsured mortgagee bang deemed a fraudulent conveyance or fraudulent transfer, or Ili) Me suburd'nation of Me 'nterest of Me Insured mortgagee as a recall of Me application of Me doctrine of equitable subordination, or (iiil Me transaction creating Me interest of Me moored mortgagee being deemed a prefrendal transfer except where Me preferential transftransferresulresultsfrom Me failure. (a) to timely record Me natrument of transfer; o E) of such recordation to Impart notice to a purchaser for value or a lodgement or lien creditor. AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY (10-17-92) AND AMERICAN LAND TITLE ASSOCIATION LEASEHOLD OWNER'S POLICY (10-17-92) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from Me coverage of M5 policy and Me Company will not pay IIss or door age, cos., attorneysfees o n....oes which or,.. by si of'. 1. (a)Any law, ordinance orgovernmental regulation (including butnot limited mbuimmg and awning laws, ordinances, regulations) reetrinng, regulating. prohib'ning or relating to fJ Me occupancy, use, or enjoyment of Me lend; (n) Me character, d'mensions or location of any improvement now or hereafter erected on Me land: NO a separation In ownership or a change in Me dimensions or was of Me land or any parcel of which Me land Is aa part; or foil a ental protection, or Me effect of any violation of Mesa laws, ordinancesor governmental regulations, except M Me extent Mat a notice of Me enforcement thereof a a notice of a defect, It., or encumbrance residing from a violation or alleged violation affecting Me land has been recorded 'n Me public records at Data of Policy. Ib) Any governmental police power not excluded by (a) above,, except to Me extent Mat a nooks of Me exercise thereof or a notice of a defect, lien encumbrance resulting from a violation or alleged olaron affecting Me land has been recorded in Me public records at Date of Polity. 2. Rights of eminent domain unless notice of Me exercise thereat has been recorded in Me public records at Date of Policy, but not excluding from coverage any rek'ng which has occurred prior to Date of Policy which would be binding on Me rights of a purchaser for value without knowledge. 3. Defects, liens. encumbrances,adverse claims, or other matters'. (a) created, suffered, assumed or agreed to by Me insured claimant, (b) not known to Me Company, not recorded in Me public records at Date of Policy, but known to Me insured claimant and not disclosed 'n wrung to Me company by Me insured claimant prior M Me date Me red cant becae an Insured under Me Policy: Idlaimm resulting in no loss or damage to Me In red dermanl: (d) attaching o created subsequent to Date of Policy, or (a) resulting n loss or damage which would not have been sustained If the inured claimant had paid value for Me estate or 'nterest 'nsured by this polity. 4. Any claim which raout of Me transaction vesting in Me 'n red Me estate or hrereso n red by thro policy, by r of Me operation of federal bankruptcy, state nsoNenry, or senuar creditors rights laws, Mac I. based on'. (i) Me transaction creating Me estate or interest insured by this policy being deemed a fraudulent (litvegan co r fraudulent transfer, o Me transaction creaing Me estate or interest 'nsured by Mis policy bang deemed a preferential transfer except where the preferential transfer results from Hon failure: (a) to timely record Me'nstrument of transfer, or (b) of such recordation to Impart notice to a purchaser for value or a lodgement or lien creditor. The above ALTA policy forms may be issued to afford either Standard Coverage or Extended Coverage. In addition to Me above Exclusions from Coverage, Me Exceptions from Coverage In a Standard Coverage policy will also include Me following General Exceptions: EXCEPTIONS FROM COVERAGE This policy it... not insure sterol loss or damage land Me Company will not pay costs, attorneys' fees or expenses) which acres by reason of g. Taxes or ea¢ en. which r xi not shown as esting liens by Me r xin ortls of any tag authority Mat 3. Eas men., lien r encumbrances, or claims Mereof, which are t shown by Me public records levies taxes o assessments o real property or by Me public records•Pro eed'ngs by a public agency 4. Discrepancies conflicts In boundary lines, shortage In area encroachments, or any other facts which which may resultintaxes assessments, o cites of such proceedings, whether or not shown by a correct survey would disclose, and which are not shown by Me public recortls. Me records of such agency or by Me public records 5. (a) Unpatented mnro claims, to reservations or exceptions t patents or in Ad. auNorrsni, Me 2. Any tat., rights, interests orclaims which a not shown by Me public r records but which could be 's ante thereof: (c) water rights, claimsor title to water, whether or not Me matters excepted under ascertained by an oppction of Me land or by making 'nqulry of parsons in possession Mortal lain bl or Ic) are shown by Me public records. 0 EXHIBIT A (CONTINUED) CLTA HOMEOWNER'S POLICY OF TITLE INSURANCE (6-2-98) ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE (10-17-98) EXCLUSIONS In addition m she Exceptions 'n Schedule B. You are net insured against lass, coats, attorneys' fees, and expenses resulnna from: 1. Governmental police power, and the existence c violation of any law or government regulation. This includes ordinances, [.we and regulations concerning' building b zoning Land use d. hnprovements oa Land Land division f environmental pmtand- This Exclusion does not apply to violations or she enforcement of these matters if notice of the violation or enforcement appears on the Public Records at the Policy Date. This Exclusion does not limit the coverage described 'In Covered Rick 14, 15, 16, 17 or 24. 2. The failure of Your existing structures, or any part of them, to be constructed in accordance wish appllcabla building codes. Th. Exclusion does not apply to violations of building codes If notice of the violation appears in the Public Records at the Policy Data 3. The right to take he Lantl by condemning It unless: notice of exerciing she right appears in the Public Records at the Policy Data or b. are taking happened trot-. the Policy Date and is binding on You if You bought the Land without Knowing of the taking 4. Risks'. Mat are created, allowed, or agreed to by You, whether or not they appear in Ne Public Records; b. that are Known M You at the Policy Date, but not to Us, unless they appear in the Public Records at she Policy Date: it that result in no lass to You; or d. that fist occur after the Policy Date - shrs does not limit the coverage described n Covered Risk 7, e.d, 22, 23, 24 or 25. 5. Failure to pay value for Your Title. 6. Lack of a right'. to any Land outaide one area specifically described and referred to'n paragraph 3 of Schedule A, and b. an streets, alleys, or waterways that touch the Land. This Exclusion does not limit Me coverage described in Covered Risk 11 or 18, RESIDENTIAL TITLE INSURANCE POLICY ONE -TO -FOUR FAMILY RESIDENCE ENHANCED VERSION (1997) EXCLUSIONS In addition to the Exceptions an Schedule R, you are not insured against I, costs, attorneys' fees, and expenses resu@ing Mom: 1. Gorverchartual police power, and one existence or violation of any law or government regulation. This ncludes building and zoning ordinances and also laws and regulations concerning: land u b. im nwamenad on the land; and divmmns; a d. environmental protection. This xclus does not apply to violations or the enforcement of these matters which appear an the public ords at Policy Date. This exclusion does not not the coverage described in Item 12c and d, 13 and 18 of Covered Title Risks, 2. The right to take the land by condemning it, unless: of awrociang the right appears in the public record. an the Policy Date; or It the taking happened prior to to Policy Data and Is binding on you If you bought Na land without knowing cf Me asking - 3. Title Risks: that are created, allowed, or agreed to by you; b. that are known to you, but not to us, on the Policy Date , unless they appeared in the public ords; d. that result n no loss to you it that first affect your title after she Policy Date - this does not limit the coverage described in Items 3b, 8, 17 and 19 of Covered Title Risks. 4. Failure to pay value for your title. 5. Lack of a right (a) to any land outside the area specifically described and referred to in Item 3 of Schedule A or Ibl In streets, alleys, or waterways that touch your land. This exclusion does not limit the coverage described an Items 5 and 12a of the Cowed Title Risks. ® 0 Fidelity National Financial Group of Companies' Privacy Statement July 1, 2001 We recognize and respect the privacy expectations of today's consumers and the requirements of applicable federal and state privacy laws. We believe that making you aware of how we use your non-public personal information ("Personal Information"), and to whom it is disclosed, will form the basis for a relationship of trust between us and the public that we serve. This Privacy Statement provides that explanation. We reserve the right to change this Privacy Statement from time to time consistent with applicable privacy laws. In the course of our business, we may collect Personal Information about you from the following sources: • From applications or other forms we receive from you or your authorized representative; • From your transactions with, or from the services being performed by, us, our affiliates, or others; • From our internet web sites; • From the public records maintained by governmental entities that we either obtain directly from those entities, or from our affiliates or others; and • From consumer or other reporting agencies. Our Policies Regarding the Protection of the Confidentiality and Security of Your Personal Information We maintain physical, electronic and procedural safeguards to protect your Personal Information from unauthorized access or intrusion. We limit access to the Personal Information only to those employees who need such access in connection with providing products or services to you or for other legitimate business purposes. Our Policies and Practices Regarding the Sharing of Your Personal Information We may share your Personal Information with our affiliates, such as insurance companies, agents, and other real estate settlement service providers, We also may disclose your Personal Information: • to agents, brokers or representatives to provide you with services you have requested; • to third -party contractors or service providers who provide services or perform marketing or other functions on our behalf; and • to others with whom we enter into joint marketing agreements for products or services that we believe you may find of interest. In addition, we will disclose your Personal Information when you direct or give us permission, when we are required by law to do so, or when we suspect fraudulent or criminal activities. We also may disclose your Personal Information when otherwise permitted by applicable privacy laws such as, for example, when disclosure is needed to enforce our rights arising out of any agreement, transaction or relationship with you. One of the important responsibilities of some of our affiliated companies is to record documents in the public domain. Such documents may contain your Personal Information. Right to Access Your Personal Information and Ability to Correct Errors or Request Changes or Deletion Certain states afford you the right to access your Personal Information and, under certain circumstances, to find out to whom your Personal Information has been disclosed. Also, certain states afford you the right to request correction, amendment or deletion of your Personal Information. We reserve the right, where permitted by law, to charge a reasonable fee to cover the costs incurred in responding to such requests. All requests must be made in writing to the following address Privacy Compliance Officer Fidelity National Financial, Inc. 4050 Calla Real, Suite 220 Santa Barbara, CA 93110 Multiple Products or Services If we provide you with more than one financial product or service, you may receive more than one privacy notice from us. We apologize for any inconvenience this may cause you.