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Home My WebLink AboutLot Line Adjustment 2006-008 - 406 15th Street and 408 15th CITY OF HUNTINGTON BEACH 2000 MAIN STREET CALIFORNIA 948 OFFICE OF THE CITY CLERK JOAN L. FLYNN December 12, 2006 CITY CLERK Orange Coast Title Company 640 North Tustin#208 Santa Ana, CA 92705 (909) 987-5433—X208 Attn: Gina Zepeda,Title Officer Re: Lot Line Adjustment-APN 024-021-16-406 and 408 15th Street, (Beach Side LLC and Beach freeze LLC) Order No. 140-769468-08 Enclosed are a Lot Line Adjustment(06-08), Corporation Quitclaim Deed and Modification of Deed of Trust on the above referenced property. Please record these documents for your client. After recording,please return the recorded copy of the Lot Line Adjustment to: City of Huntington Beach, City Clerk's Office 2nd Floor, P.O. Box 190, Huntington Beach,CA 92648. Joan L. Flynn City Clerk JF:pe Attachments Received by: 7 "' CLERK'S OFFICE RETAINS COPY FOR FILE Date: Name of Company Phone -, (Telephone:714536-5227) CITY OF HUN,TINGTON BEACH INTERDEPARTMENTAL COMMUNICATION TO: Patty Esparza, Deputy City Clerk FROM: James Wagner, Associate Civil En ineer V" � g DATE: December 7, 2006 SUBJECT: Lot Line Adjustment LLA 06-08—Lot Line Adjustment Address is 406 and 408 15t11 Street(Beach Side LLC and Beach Breeze LLC) THE ATTACHED ORIGINAL LOT LINE ADJUSTMENT IS READY FOR RECORDATION. Please Contact the Title Company listed below and request that they pick-up the attached Lot Line Adjustment. At the time of pick-up please forward a copy of this memo,the attached Lot Line Adjustment, Corporation Quitclaim Deed and Modified Deed of Trust 2006 and request that they record the Lot Line Adjustment, Quitclaim Deed and Modified Deed of Trust for their client. Company: Orange Coast Title Company Street Address:640 North Tustin #208 City, State, and Zip code: Santa Ana, CA 92705 Attn: Gina Zepeda Telephone Number: (909) 987-5433 ext. 208 Order Number 140-769468-08 Client: Beach Side LLC and Beach Breeze LLC C/o Mr.Bill Makari 7515 Oaktree Avenue Westminster, CA 92683 (714) 655-4796 Regarding Property(APN 024-021-16)—406 and 40815th Street Upon the City Clerks receipt of the recorded copy,please send a copy of the recorded Lot Line Adjustment to: 1. County of Orange Resources &Development Management Department 300 N. Flower Street Santa Ana, CA 92702-4048 Attn: Brad Tippett, Orange County Surveyor's Office 714-834-3726 2. HB Planning Department Attn: Jason Kelley 714-374-1554 3. HB Public Works Department Attn:James Wagner 714-536-5467 cc: PW LLA File G:\Engincering Division\ELLIOTTWaps and LLAs\City Clerk Memo's\LLA 06-08 memo to City Clerk(406&408 15th Street)12-07-06 jrw.doc ` This p°Come►'Builders Sere R rds,Orange County Recording Requested by Recorded in Re pfricialeco corder F Tom Daly,Clerk• Orange Coast Title Company 21•00 12128106 10"!00600p8697s311*35am Mail recorded copies to: 10510,00 0 00 0.0015.00 0.0o°•oo o.00 CITY OF HUNTINGTON BEACH 0.00 DEPARTMENT OF PLANNING 2000 Main Street Huntington Beach, CA 92648 -I(P(l � Space above reserved for County Recorder's use Fee: � p CITY OF HUNTINGTON BEACH LOT LINE ADJUSTMENT No. 2006 - 008 RECORD OWNER(S): PARCEL 024-021-16 PARCEL 024-021-16 NAME: BEACH SIDE LLC, A CALIFORNIA NAME: BEACH BREEZE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, LIMITED LIABILITY COMPANY, AS AN UNDIVIDED 50% INTEREST AS AN UNDIVIDED 50% INTEREST ADDRESS: 7515 Oaktree Ave. ADDRESS: 7515 Oaktree Ave. Westminster, CA 92683 Westminster, CA 92683 DAYTIME DAYTIME TELEPHONE: (714) 655-4796 TELEPHONE: (714) 655-4796 (I/We) hereby certify that: 1) (1 am/We are) the record owner(s) of all parcels proposed for adjustment by this application: 2) (I/We) have knowledge of and consent to the filing of this application: and 3) The information submitted in connection with this application is true and correct. PARCEL 024-021-16 PARCEL 024-021-16 Sign re Signature Name: NABIL MAKORI Name: 5,4 W541V MAleAA S PRESIDENT 5ccr'O'4?44 Y BEACH SIDE LLC & G,!FA a since LL C R BEACH BREEZE LLC Qe,Act-4 F-t L LC p CITY OF HUNTINGTON BEACH �J. LOT LINE ADJUSTMENT No. 2006 - 008 STATE OF CALIFORNIA SS COUNTY OF ORANGE ON THIS _DAY OF 200(P BEFORE ME, %YtQt" C6j<Qj1 c jc- A NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED Ct I j Ma Ka ri PERSONALLY KNOWN TO ME OR 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 CAPACITIES, 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. WITNESS MY HAND: MY COMMISSION EXPIRES: -7 • 20 -D7 MY PRINICIPAL PLACE OF BUSINESS IS IN _ COUNTY. NOTARY PUBLIC IN AND FOR SAID STATE. SANDRA DESKOVICK COMM11432544 = m WARY PUBLIC-CALIFORNIA y [1 = ORANGE COUNTY ,—A.nd(rGt De 5l�o yI�L- +, W COMK FXR JULY 27,2007 PRINT NAME STATE OF CALIFORNIA 1 COUNTY OF ORANGE j SS ON THIS _DAY OF 200 j,BEFORE ME, &Vt( ya DC6Koyiat- A NOTARY PUBLIC IN AND.FORS ID STATE, PERSONALLY APPEARED SgtV6 n Mak-ari PERSONALLY KNOWN TO ME OR 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 CAPACITIES,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. WITNESS MY HAND: MY COMMISSION EXPIRES: :7 • 2.3 - 07 MY PRINICIPAL PLACE OF BUSINESS IS IN DhC1�COUNTY. NOTARY PUBLIC IN AND FOR SAID STATE. WSANDWA DESKOVICKOMM1 1432544 ,, I, ARY PUBLIGCALIFORNIA�Qv, DtSKOyIG�L— RANGE COUNTY OMbL EXP JULY 27,2007 PRINT NAME 0 CITY OF HUNTINGTON BEACH A' LOT LINE ADJUSTMENT Aj N o. 2006 - 008 99% PREPARER: CONTACT PERSON: R.H. CAHL JONES,CAHL&ASSOCIATES ADDRESS: 18090 BEACH BLVD. SUITE#12 HUNTINGTON BEACH,CA 92648 DAYTIME TELEPHONE NO: (714)848-0566 C, This document consisting of 8 pages was prepared by me or under my direction. NO. 21005 7 �2b0 Eq.9/30/ R.H. Q L R.C.E. 21005 `�q CIVIL �of CAvF My Registration Expires: 9/30/07 COUNTY: Examined and Approved as to survey content only for S�G HpRN�C�, Raymond L. Mathe, County Surveyor Exp.03/31/08 C� C G1 Raymond L. Mathe, L.S.6185 s�q No.7212 �P County Surveyor OF CALF My License Expires:3131108 Dated this Z-7 7! day of /VDyE,"8,�F K 2006 CITY ENGINEER: �OFESB�,o This Lot Line Adjustment Application has been examined and approved by the City of Huntington Beach. C60560ca N m Uj Travis K Hopkins, City ngineer R.C.E.60560 Datejq My Registration Expires: 12-31-06Of CALF PLANNING DEPARTMENT: Examined and App as to Zoning Conformance by the City of Huntington Beach Planning Department �z•7•�b By: Date s 0 CITY OF HUNTINGTON BEACH j LOT LINE ADJUSTMENT C No. 2006 - 008 LEGAL DESCRIPTION "EXHIBIT A" Existing Parcels Proposed Parcels Owners: AP Numbers: Reference Number: BEACH SIDE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDI SIDED 509 INTEREST BEACH BREEZE LLC, A CALIFORNIA 024-021-16 PARCEL 1 AND PARCEL 2 LIMITED LIABILITY COMPANY, AS AN UNDI SIDED 509 INTEREST ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE CITY OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA DESCRIBED AS FOLLOWS: PARCEL 1 LOT 8 AND THE NORTHEASTERLY 1.5 FEET OF LOT 6 IN BLOCK 414 OF HUNTINGTON BEACH, SEVENTEENTH STREET SECTION, AS PER MAP RECORDED IN BOOK 4, PAGE 10 OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA PARCEL 2 LOT 6 AND THE NORTHEASTERLY 3 FEET OF LOT 4, IN BLOCK 414 OF HUNTINGTON BEACH, SEVENTEENTH STREET SECTION, AS PER MAP RECORDED IN BOOK 4, PAGE 10 OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA. EXCEPTING THE NORTHEASTERLY 1.5 FEET OF LOT 6. SEE EXHIBIT "B" ATTACHED HERETO AND BY THIS REFERENCE MADE A PART THEREOF. NOTE: THERE MAY BE EASEMENTS OF RECORD DELINEATED AND REFERENCED ON THE UNDERLYING MAPS OR THERE MAY BE OTHER RECORDED EASEMENTS WITHIN THE AREA BEING ADJUSTED THAT ARE NOT SHOWN ON THIS DOCUMENT THAT COULD ENCUMBER SAID PARCELS HEREIN. Q�OFESS/0 THIS DESCRIPTION/MAP HAS BEEN PREPARED ,rPRD H. BY ME OR UNDER MY DIRECTION. ti N0. 21005 Exp.9 30 07 R.H. CAHL R.C.E. 21005 /� q CIVIL- My Registration Expires: 9-30-07 OF CAL�F� O d CITY OF HUNTINGTON BEACH LOT LINE ADJUSTMENT No. 2006 - 008 MAP"EXHIBIT B" Existing Parcels Proposed Parcels Owners: AP Numbers: Reference Number: BEACH SIDE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDIVIDED 50q INTEREST BEACH BREEZE LLC, A CALIFORNIA 024-021-16 PARCEL 1 AND PARCEL 2 LIM1 TED LIABILITY COMPANY, AS AN UNDIVIDED 507. INTEREST AREAS EXISTING AREA PROPOSED AREA LEGEND: SHT. 1 OF 1 PARCEL © 2,9J7.50 SO. FT. J,11 J.75 SO. FT. EXIS77NG BOUNDARY LINE PARCEL 3,290.00 SO. FT. J,11 J.75 SO. FT. TO REMAIN —————EXIS77NG BOUNDARY LINE TOTAL 6,227.50 SO. FT. 16,22750 SO. FT. I PER THIS ADJUSTMENT REVISED BOUNDARY LINE PER THIS ADJUSTMENT -----EXISTING CENTERLINE LOT 12 (115') 37.5' 17.5' N LOT 10 x W 117.5' (117.5') 15' 'n n PARCEL 1� LOT 8 In N 04 °' 3 N (117 5 ) f LOT LINE TO BE REVISED "' Of 1.5' �Q�� REVISED LOT LINE ^ U) co N P' PARCELQ LOT 6 v rn Q w — (117_5y—f LINE TO BE REMOVED u' l I 37.5' 117.5' �i 3, 15' LOT 4 (117.5') 3: F-: NORTH LOT 2 sa SCALE : 1"=40' X (117.5') LO in NOTE.• i r i DISTANCES SHOWN AS (**.**) ARE RECORD 12 ORANGE AVE. SECTION BKR 4Ep N 0EN771 SIREET ---I----------f-------------------- QR�E O THIS DESCRIPTION/MAP HAS BEEN PREPARED BY ME OR UNDER MY DIRECTION. 9y 7 2l 0,6 N0. 21005 Exp.9 30 07 R.H. CAHL R.C.E. 21005 s My Registration Expires: 9-30-07 CIVIL\ 9�OF CAL � O J CITY OF HUNTINGTON BEACH LOT LINE ADJUSTMENT No. 2006 - 008 MAP"EXHIBIT C" Existing Parcels Proposed Parcels Owners: AP Numbers: Reference Number: BEACH SIDE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDI SIDED 507. INTEREST BEACH BREEZE LLC, A CALIFORNIA 024-021-16 PARCEL 1 AND PARCEL 2 LIMITED LIABILITY COMPANY, AS AN UNDI SIDED 509 INTEREST AREAS EXISTING AREA PROPOSED AREA LEGEND: SHT. 1 OF 1 PARCEL © 2,937.50 SO. FT. 3,11375 SO. FT. EXISTING BOUNDARY LINE TO REMAIN PARCEL 3,290.00 SQ. FT. 3,11375 SQ. FT. —————EXIS77NG BOUNDARY LINE TOTAL 6,227.50 SO. FT. 6,227.50 SO. FT. PER THIS ADJUSTMENT REWSED BOUNDARY LINE PER THIS ADJUSTMENT —-—-—EXISTING CENTERLINE LOT 12 115' ' 37.5' 17.5' Ln X LOT 10 w 117.5' 15' in TO ,BB DEMOLISHED N N LOT LINE L 1 9)TOO BE REVISED LOT 8 —— �'- — ——————————— � U) 1.5' N J PARCEL 2❑ LOT 6 91 Q w N OT LINE TO BE EMO � VED �'. ' -- ------I 37.5' �---117.5 15. 3' LOT 4 LOT 2 X NORTH (117.5') w SCALE : 1"=40' in in NOTE: DISTANCES SHOWN AS (**.**) ARE RECORD PER SEVENTEENTH STREET f- ORANOE AIDE. SECTION BK. 4 PG. 10 -- -------------------------------- PR�ESS/O�A, THIS DESCRIPTION/MAP HAS BEEN PREPARED BY ME OR UNDER MY DIRECTION. '9yr c� NO. 21005 Exp.s 30 07 R.H. CAHL R.C.E. 21005 J'j �Q Registration Expires: 9-30-07 -9�OF VA- My �FO�� y Order No, Escrow No. Loan No: WHEN RECORDED MAIL TO: Beach Side LLC 7515 Oaktree Ave. Westminster,CA 92683 Beach Breeze LLC 7515 Oaktree Ave: Westminster,CA 92683 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 CORPORATION QUITCLAIM DEED FOR A VALUABLE CONSIDERATION,receipt of which is hereby acknowledged, Beach Side LLC, a California Limited Liability Company, as an undivided 50% interest, and Beach Breeze, LLC, a California Limited Liability Company,as to an undivided 50%interest a corporation organized under the laws of the State of California,does hereby REMISE,RELEASE AND QUITCLAIM to Beach Side LLC, a California Limited Liability Company, as an undivided 50% interest, and Beach Breeze, LLC, a California Limited Liability Company,as to an undivided 50%interest the real property in the City of Huntington Beach,County of Orange,State of California,described as SEE EXHIBIT"A"ATTACHED HERETO AND MADE A PART HEREOF. Dated' STATE OF CALIFPIZ IA )ss . By,Beach Side LLC,President-Nabil M i COUINTY OF Vf Ar4 } On 00 before me, By,Beach'Side LLC,Secretary—Sawsan Makari perso 1y appeared GC i yt sail Art personally known to me (or 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/sheAhey executed the same in his/her/their authorized capacity(ies); and that by his/her/their signature(s) on the SANDRA DESKOVICK' instrument the person(s)or the entity upon behalf of which the COMM1 1432544 X person(s)acted,executed the instrument. m °NOTARY PUBLIC-CALIEORNIA z M ORANGE COUNTY WITNESS my hand and official seal. MY COMM EXP. JULY 27,2007 Signature / '!'10" ��G� (This area for official notarial seal) 1145(1/94) Dated n STATE OF CALIFORNIA )ss By, each Breeze LLC,President—Na i COUNTY OF 0 } On 1 1- 1 0 ` 0 before me, ild V-14 By,Beach Breeze LLC,Secretary—Sawsan Makari personally appeared , `/j ec M—6-a 1 C4ta It V7 personally known to me (or proved to me on the basis of satisfactory evidence)to be the person(s) whose name(s) islare 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 ,�,, SANDRA DESKOVICK instrument the person(s)or the entity upon behalf of which the r `��" COMM.# 1432544 = person(s)acted,executed the instrument: NOTARY PUBLIC-CALIFORNIA:or' ORANGE COUNTY j WITNESS my hand.�and official seal. MY GOMm EXP. JULY 27,2007" Signature (This area for official notarial seal) MAIL TAX STATEMENTS TO: I I45(I/94) EXHIBIT"A" PARCEL I: ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE CITY OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA DESCRIBED AS. FOLLOWS: LOT 8 AND THE NORTHEASTERLY 1.5 FEET OF LOT 6 IN BLOCK 414 OF HUNTINGTON BEACH, SEVENTEENTH STREET SECTION, AS PER MAP RECORDED IN BOOK 4 PAGE 10 OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA THE ABOVE PARCEL CONTAINS 0 . 071 ACRES MORE OR LESS PARCEL 2: ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE CITY OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CALI'FORNIA DESCRIBED AS FOLLOWS: LOT 6 AND THE NORTHEASTERLY 3 FEET OF LOT 4, IN BLOCK 414 OF HUNTINGTON BEACH, SEVENTEENTH STREET SECTION, AS PER MAP RECORDED IN BOOK 4, PAGE 10 OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA. EXCEPTING THE NORTHEASTERLY 1 . 5 FEET OF LOT 6. THE ABOVE PARCEL CONTAINS 0 . 071 ACRES MORE OR LESS. SAID LANDS NOW SHOWN AS PARCEL 1 AND PARCEL 2 OF CITY OF HUNTINGTON BEACH LOT LINE ADJUSTMENT 2006-008, RECORDED , , ,2006 ' AS INSTRUMENT NO. 2006 , OFFICIAL RECORDS. I I45(Il94) y; RECORDATION REQUESTED BY: WHEN RECORDED MAIL TO: Pacific Western Bank Huntington Beach 19950 Beach Blvd. Huntington Beach,CA 92648 SEND TAX NOTICES TO: Beach Side,LLC,a California limited liability company Beach Breeze,LLC,a California limited liability company 7515 Oaktree Avenue Westminster,CA 92683 FOR RECORDER'S USE ONLY MODIFICATION OF DEED OF TRUST THIS MODIFICATION OF DEED OF TRUST dated November 21, 2006, is made and executed between between Beach Side, LLC, a California limited liability company and Beach Breeze, LLC, a California limited liability company, whose address is 7515 Oaktree Avenue, Westminster, CA 92683 ("Trustor") and Pacific Western Bank, whose address is Huntington Beach, 19950 Beach Blvd., Huntington Beach, CA 92648 ("Lender"). DEED OF TRUST. Lender and Trustor have entered into a Deed of Trust dated December 5,, 2005 (the "Deed of Trust") which has been recorded in Orange County, State of California,as follows: Instrument No.2005000998870, Recorded on 12-14-2005 in Official Records. REAL PROPERTY DESCRIPTION. The Deed of Trust covers the following described real property located in Orange County,State;of California: IN THE COUNTY OF ORANGE, STATE OF CALIFORNIA, BEING ALL OF PARCEL 1 AND PARCEL 2 AS SHOWN ON EXHIBIT "B" OF HUNTINGTON BEACH LOT LINE ADJUSTMENT: NO. 2006-008 RECORDED AS INSTRUMENT NO. OF OFFICIAL RECORDS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, The Real Property or its address is commonly known as 406 &408 15th Street, Huntington Beach, CA 92648. The Assessor's Parcel Number for the Real Property is 024-021-16. MODIFICATION.Lender and Trustor hereby modify the Deed of Trust as follows: The Note secured by the Deed of Trust has been modified pursuant to the Change in Terms-Agreement executed concurrently herewith to amend legal description. CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Deed of Trust shall remain unchanged and in full force and effect. Consent by Lender to this Modification does not waive Lender's right to require strict performance of the Deed of Trust as changed above nor obligate Lender to make any future modifications. Nothing in this Modification shall constitute a satisfaction of the promissory note or other credit agreement secured by the Deed of Trust (the "Note"). It is the intention of Lender to retain as liable all parties to the Deed of Trust and all parties,makers and endorsers to the Note, including accommodation parties, unless a party is expressly released by Lender in writing. Any maker or endorser, including accommodation makers, shall not be released by virtue of this Modification. ,If any person who signed the original Deed of Trust does not sign this Modification, then all persons signing below acknowledge that this Modification is given conditionally, based on the representation to Lender that the non-signing person consents to the changes and provisions of this Modification or otherwise will not be released by it. This waiver applies not only to any initial extension or modification, but also to all such subsequent actions. TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF DEED OF TRUST AND TRUSTOR AGREES TO ITS TERMS. THIS MODIFICATION OF DEED OF TRUST IS DATED NOVEMBER 21,2006. r MODIFICATION OF DEED OF TRUST Loan No: 06035323 (Continued) Page 2 TRUSTOR: BEACH SIDE,LLC,A CALI ORNIA LIMITED LIABILITY COMPANY By: Nabih akari,Manager of Beach Side,LLC,a California limited liability company BEACH BREEZE,LLC,A�CJ,,LIFORNIA LIMITED LIABILITY COMPANY By: �✓' Na an, anager o eac a California limited liability company LENDER: PACIFIC WESTERN BANK X horized Officer CERTIFICATE OF ACKNOWLEDGMENT STATE OF FiQPE/J/ ) )SS COUNTY OF 044Qs�}—.n On &R -QL/ , 20 do before me, �N personally appeared NatIll Makari, personally known to me (or 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 persons)acted, executed the instrument. CcerletlMllpn+ 167?007 WITNESS my hand and official seal. 01 Signature (Seal) MODIFICATION OF DEED OF TRUST Loan No: 06035323 (Continued) Page 3 CERTIFICATE OF ACKNOWLEDGMENT STATE OF )SS COUNTY OFtx-l� ) On-` �f 20_0(.p before me, Svru personally appeared'Nabr Makari, personally known to me (or 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. H.GERSON WITNESS my hand and official seat. cafy Oft JP 1677007 O Caw Signature (Seal) CERTIFICATE OF ACKNOWLEDGMENT STATE OF .�jFj "/A ) )SS COUNTY OFA ) On dt�� )Aug `I—V 20 & before me, personally appeared Zl� } (L} 1X�f1'1.5 personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose names) 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. H.GERSON WITNESS my hand and official seal. COYVV 1 dM#15"507 "Olay Aim-cafroral Onve CCU* Signature Cortm E>IpMetl�Aol►9, (Seal) LASER PRO Le ding.Vw-5.29.00-002 Cop,.Nerlsnd Fnsn W Solutions:IMP..1997,2008. AG Right Reserved. -CA 1\HARPWNB\CFIW1WCFI\LPL\G2 2.FC M-061 PR-10 e Th►s DoCurnc., Uilders t)t;`""- Records,Orange county Recording �RCC uestEd by Recorded{n 0��Recorder C{erk- Orange C t _i ide Company T0MDaly' II11�I11I�IIIIINIIIHI� 11.35am 12128106 IIII�III�II�IIIIIIIIIIIIII�111�1 o008�g783 200 Mail recorded copies to: 1®51®.09 ro ®.®®15.®®®-®®®®®®®® CITY OF HUNTINGTON BEACH 0.00 DEPARTMENT OF PLANNING 2000 Main Street Huntington Beach, CA 92648 1(,C1 Space above reserved for County Recorder's use Fee: $ O CITY OF HUNTINGTON BEACH � LOT LINE ADJUSTMENT No. 2006 s 008 RECORD OWNER(S): PARCEL 024-021-16 PARCEL 024-021-16 NAME: BEACH SIDE LLC, A CALIFORNIA NAME: BEACH BREEZE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, LIMITED LIABILITY COMPANY, AS AN UNDIVIDED 50% INTEREST AS AN UNDIVIDED 50% INTEREST ADDRESS: 7515 Oaktree Ave. ADDRESS: 7515 Oaktree Ave. Westminster, CA 92683 Westminster, CA 92683 DAYTIME DAYTIME TELEPHONE: __ (714) 655-4796 TELEPHONE: (714) 655-4796 (I/We) hereby certify that: 1) (1 am/We are) the record owner(s) of all parcels proposed for adjustment by this application: 2) (I/We) have knowledge of and consent to the filing of this application: and 3) The information submitted in connection with this application is true and correct. PARCEL 024-021-16 PARCEL 024-021-16 Sign ure Signature Name: NABIL MAK)9RI Name: PRESIDENT y BEACH SIDE LLC_ & Cicpc%f s/lJ�i LL BEACH BREEZE LLC ar,4ct4 W -:;7 F� C— �.L L40(o - 408 i's-t O CITY OF HUNTINGTON BEACH LOT LINE ADJUSTMENT A-0 B No. 2006 - 008 STATE OF CALIFORNIA COUNTY OF ORANGE SS ON THIS DAY OF 200(p BEFORE ME, 8ayiare lDcsKovi c tL A NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED 101t 1( KCi ri PERSONALLY KNOWN TO ME OR 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 CAPACITIES, 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. WITNESS MY HAND: MY COMMISSION EXPIRES: I • MY PRII}1NICIPAL PLACE OF BUSINESS IS IN COUNTY. NOTARY PUBLIC IN AND FOR SAID STATE. SANDRA DESKOVICK COMM1 1432544 I m OTARY PUBLIC-CALIFORNIA y _ ORANGE COUNTY fit,nd rG _De sKov►Ca,L MY COMK FXR 1ULY 27,2007 PRINT NAME STATE OF CALIFORNIA COUNTY OF ORANGE SS ON THIS I DAY OF 200�BEFORE ME, SG{VtG Va DC6KovlcG� A NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED 5qw6, ti a Makarl PERSONALLY KNOWN TO ME OR 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 CAPACITIES, 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. WITNESS MY HAND: MY COMMISSION EXPIRES: ] . Z-? , D? MY PRINICIPAL PLACE OF BUSINESS IS IN COUNTY. NOTARY PUBLIC IN AND FOR SAID STATE. :' Hyatt M. SANDR�A D KOVICK •� COMM11432544 = _ NOTARY PUBLIC-CALIFORNIA ORANGE COUNTY MY COMM.EXP. 1ULY 27,2007 PRINT NAME ® Cmr of HUNTINGTON BEACH LoT LINE ADJUSTMENT No. 2006 - 008 PREPARER: CONTACT PERSON: R.H. CAHL JONES, CAHL&ASSOCIATES ADDRESS: 18090 BEACH BLVD. SUITE#12 HUNTINGTON BEACH CA 92648 DAYTIME TELEPHONE NO: (714)848-0566 This document consisting of 6 pages was prepared by me or under my direction. ] � N0. 21005 �T► 7 �ZD04p E>p.9 30 07 R.H_ C L R.C.E. 21005 q ClVt1.- of cAUF� My Registration Expires: 9/30/07 COUNTY: AND Examined and Approved as to survey content only for � V{pR 5�9� Raymond L. Mathe, County Surveyor y�Cir�� Exp.03/3i/08 Raymond L. Mathe, L.S. 6185 d'1 No.7212 County Surveyor 9�OFCAU�¢� My License Expires: 3/31/08 Dated this 7 7N day of 2006 1 �+pFESS/p CITY ENGINEER: This Lot Line Adjustment Application has been examined and approved by the City of Huntington Beach. C60560 c m LU EXP. IZ-3t-C(o �r Travis K. Hopkins,City tngineer R.C.E. 60560 Date ip C(Vt�, My Registration Expires: 12-31-06 OF CR1.� PLANNING DEPARTMENT: Examined and Appro as to Zoning Conformance by the City of Huntington Beach Planning Department /z •7.6�, By. Date L O CITY OF HUNTINGTON BEACH Aj LOT LINE ADJUSTMENT No. 2006 0 008 LEGAL DESCRIPTION "EXHIBIT A" Existing Parcels Proposed Parcels Owners: AP Numbers: Reference Number: BEACH SIDE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDIVIDED 509 IN TERES T BEACH BREEZE LLC, A CALIFORNIA LIMITED L1ABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDIVIDED 50X INTEREST ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE CITY OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA DESCRIBED AS FOLLOWS: PARCEL 1 LOT 8 AND THE NORTHEASTERLY 1.5 FEET OF LOT 6 IN BLOCK 414 OF HUNTINGTON BEACH, SEVENTEENTH STREET SECTION, AS PER MAP RECORDED IN BOOK 4, PAGE 10 OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA PARCEL 2 LOT 6 AND THE NORTHEASTERLY 3 FEET OF LOT 4, IN BLOCK 414 OF HUNTINGTON BEACH, SEVENTEENTH STREET SECTION, AS PER MAP RECORDED IN BOOK 4, PAGE 10 OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA. EXCEPTING THE NORTHEASTERLY 1,5 FEET OF LOT 6. SEE EXHIBIT "B" ATTACHED HERETO AND BY THIS REFERENCE MADE A PART THEREOF. NOTE: THERE MAY BE EASEMENTS OF RECORD DELINEATED AND REFERENCED ON THE UNDERLYING MAPS OR THERE MAY BE OTHER RECORDED EASEMENTS WITHIN THE AREA BEING ADJUSTED THAT ARE NOT SHOWN ON THIS DOCUMENT THAT COULD ENCUMBER SAID PARCELS HEREIN. OQ 3 ESS/ONE THIS DESCRIPTION/MAP HAS BEEN PREPARED D H. BY ME OR UNDER MY DIRECTION. N0. 21005 Exp 9 30 07 R.H. CAHL R.C.E. 21005 / OCICA My Registration Expires: 9-30-07 CFITY OF HUNTINGTON BEACH LOT LINE ADJUSTMENT No. 2006 ® 008 O MAP "EXHIBIT B" Existing Parcels Proposed Parcels Owners: AP Numbers: Reference Number: BEACH SIDE LLC, A CALIFORN/A LIMITED LIABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDIVIDED 507, INTEREST BEACH BREEZE LLC, A CALIFORNIA 024-021-16 PARCEL 1 AND PARCEL 2 LIMITED LIABILITY COMPANY, AS AN UNDIVIDED 507, INTEREST AREAS EXISTING AREA PROPOSED AREA LEGEND: SHT, 1 OF 1 PARCEL 1I 2,937.50 SQ. FT. 3,113.75 SO. FT. EXISTING BOUNDARY LINE PARCEL © 3,290.00 SO. FT. 3,11375 SO. FT. TO REMAIN ————— EXISTING BOUNDARY LINE TOTAL 6,227.50 SO. FT. 6,227.50 SO. FT. PER THIS ADJUSTMENT REVISED BOUNDARY LINE PER THIS ADJUSTMENT —-—-—EXISTING CEN TERLINE LC'1 12 (115') i 37.5' Q-1 17.5' 4 � L X LOT 10 w 117.5' i (117.5') 15' 'n PARCEL E LOT 8 Ln rn N (117 5 ) �'l6 LOT LINE TO BE REVISED cn ff —L---- 1--------- W REVISED LOT LINE N J cn PARCELk LOT 6 C-4 rn Q —L—— (117.51/—LOT LINE TO BE REMOVED U' 37.5' 117.5' 15' 3' LOT 4 (117.5') NORTH LOT 2 U' SCALE : 1"=40' X (1175) ' �n Ln NO TE: DISTANCES SHOWN AS (**.**) ARE RECORD PER SEVENTEENTH STREET ORANGE AVE. SECTION BK. 4 PG. 10 --- -------------------------------- O? ESS/pN� THIS DESCRIPTION/MAP HAS BEEN PREPARED BY ME ��G�pRD H. c OR UNDER MY DIRECTION. y 7 2/ 0� N0. 21005 Exp.9 30 07 R.H. CAHL R.C.E. 21005 CIVIL My Registration Expires: 9-30-07 9T�OF CA1��Oe o�� CITY OF HUNTINGTON BEACH ° LOT LINE ADJUSTMENT 0. 2006 ® 008 MAP "EXHIBIT C" Existing Parcels Proposed Parcels Owners: AP Numbers: Reference Number: BEACH SIDE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDIVIDED 50% INTEREST BEACH BREEZE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDIVIDED 50% INTEREST AREAS EXISTING AREA PROPOSED AREA LEGEND: SHT. 1 OF 1 PARCEL El Z937.50 SO. FT 3,113.75 SO. FT EXISTING BOUNDARY LINE TO REMAIN PARCEL U 3,290.00 SO. FT 3,113.75 SO. FT. ----- EXISTING BOUNDARY LINE TOTAL 6,227.50 SO, FT. 6,227-50 SO. FT PER THIS ADJUSTMENT REVISED BOUNDARY LINE PER THIS ADJUSTMENT EXIS77NG CENTERLINE I 115' 37.5' 0-117.5' X 117.5 LOT 10 w ' 15 EX S in TO BE DEMOLISHED N P 8 LIJ ARCEL LOT `V LOT LINE TO BE REVISED y, cry �_ �_---------- -- V) 1.5' ry J PARCEL% LOT 6 rn Q w f N OT LINE TO BE EMOVED U' f -- ----- ------ 37.5' 117.5' 15' 3' LOT 4 1 Of LOT 2 X NORTH (1175) SCALE : 1"=40' ( NOTE DISTANCES SHOWN AS (**.**) ARE RECORD PER SEVENTEENTH STREET ORANGE A VE. SECTION BK. 4 PG. 10 --- ----- ----f -------------------- OQROFESS/ONE THIS DESCRIPTION/MAP HAS BEEN PREPARED BY ME ��•v�PRD OR UNDER MY DIRECTION. 05 oft", f N0. / 0 / Exp.9 30 07 R.H. CAHL R.C.E. 21005 CIVIL �P My Registration Expires: 9-30-07 9TF OF CAL�F�� CITY OF HUNTINGTON BEACH INTERDEPARTMENTAL COMMUNICATION TO: Patty Esparza, Deputy City Clerk A FROM: James Wagner, Associate Civil Engineer V`� � � g DATE: December 7, 2006 SUBJECT: Lot Line Adjustment LLA 06-08-Lot Line Adjustment Address is 406 and 408 151h Street (Beach Side LLC and Beach Breeze LLC) THE ATTACHED ORIGINAL, LOT LINE ADJUSTMENT IS READY FOR RECORDATION. Please Contact the Title Company listed below and request that they pick-up the attached Lot Line Adjustment. At the time of pick-up please forward a copy of this memo, the attached Lot Line Adjustment, Corporation Quitclaim Deed and Modified Deed of Trust 2006 and request that they record the Lot Line Adjustment, Quitclaim Deed and Modified Deed of Trust for their client. Company: Orange Coast Title Company Street Address: 640 North Tustin #208 1 V e ve d TG City, State, and Zip code: Santa Ana, CA 92705 V_ -C favTAIJ Attn: Gina Zepeda Telephone Number: (909) 987-5433 ext. 208 G '+� )2-?-r�G G.- (� Order Number 140-769468-08 4 P L'i j Z-7-caC Client: Beach Side LLC and Beach Breeze LLC C/o Mr. Bill Makari 7515 Oaktree Avenue Westminster, CA 92683 (714) 655-4796 Regarding Property (APN 024-021-16)-406 and 40815th Street Upon the City Clerks receipt of the recorded copy, please send a copy of the recorded Lot Line Adjustment to: 1. County of Orange Resources &Development Management Department 300 N. Flower Street Santa Ana, CA 92702-4048 Attn: Brad Tippett, Orange County Surveyor's Office 714-834-3726 2. HB Planning Department Attn: Jason Kelley 714-374-1554 3. HB Public Works Department Attn: James Wagner 714-536-5467 cc: PW LLA File GA\Engineering DivisioMELLIOT"['\Maps and LLAs\City Clerk Memo's\LLA 06-08 memo to City Clerk(406&408 15th Street)12-07-06 jrw.doc Mail recorded copies to: CITY OF HUNTINGTON BEACH DEPARTMENT OF PLANNING 2000 Main Street Huntington Beach, CA 92648 Space above reserved for County Recorder's use Fee: � o CITY OF HUNTINGTON BEACH LOT LINE ADJUSTMENT No. 2006 - 008 RECORD OWNER(S): PARCEL 024-021-16 PARCEL 024-021-16 NAME: BEACH SIDE LLC, A CALIFORNIA NAME: BEACH BREEZE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, LIMITED LIABILITY COMPANY, AS AN UNDIVIDED 50% INTEREST AS AN UNDIVIDED 50% INTEREST ADDRESS: 7515 Oaktree Ave. ADDRESS: 7515 Oaktree Ave. Westminster, CA 92683 Westminster, CA 92683 DAYTIME DAYTIME TELEPHONE: (714) 655-4796 TELEPHONE: (714) 655-4796 (I/We) hereby certify that: 1) (1 am/We are) the record owner(s) of all parcels proposed for adjustment by this application: 2) (I/We) have knowledge of and consent to the filing of this application: and 3) The information submitted 'in connection with this application is true and correct. PARCEL 024-021-16 PARCEL 024-021-16 Sign ure Signature Name: NABIL MAK19RI Name: 5R[-"5,,9/V MAKAA i PRESIDENT ScCrae4i Ala Y BEACH SIDE LLC & 6,5-7 1co s1,0v' L-L C BEACH BREEZE LLC aeF,gc« p � F-j, C— L-LC a o CITY OF HUNTINGTON BEACH Aj LOT LINE ADJUSTMENT f3 No. 2006 - 008 STATE OF CALIFORNIA COUNTY OF ORANGE SS ON THIS _DAY OF 71ki u 200(p BEFORE ME, 8q,Vlayy lD sKovi c t( A NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED Qbj j Karl PERSONALLY KNOWN TO ME OR 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 CAPACITIES, 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. WITNESS MY HAND: MY COMMISSION EXPIRES: '� • MY PRII��NICIPAL PLACE OF BUSINESS IS IN V 1-a✓lad COUNTY. NOTARY PUBLIC IN AND FOR SAID STATE. . SANDRA DESKOVICK COMM11432544 = m eet; NOTARY PUBLIC-CALIFORNIA _ ORANGE COUNTY be cS�oVI UL- `c�._. MY c0MM EXR JULY 27,2007 PRINT NAME STATE OF CALIFORNIA SS COUNTY OF ORANGE ON THIS DAY OF 200 BEFORE ME, SlfVlG� t�q De51<oV14L- A NOTARY PUBLIC IN AND,FOR SAID STATE, PERSONALLY APPEARED 5gW6,rta MQkari PERSONALLY KNOWN TO ME OR 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 CAPACITIES, 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. WITNESS MY HAND: MY COMMISSION EXPIRES: 1 • 27 , 07 MY PRII�NICIPAL PLACE OF BUSINESS IS IN COUNTY. NOTARY PUBLIC IN AND FOR SAID STATE. SANDRA DESKOVICK COMM11432544 = � m �� NOTARY PUBLIGCALIFORNIA t �Q�li� l/��V�� _ ORANGE COUNTY °" „°. MY COMM.EXP. JULY 27,2007 PRINT NAME F 0 CITY OF HUNTINGTON BEACH LOT LINE ADJUSTMENT No. 2006 - 008 PREPARER: CONTACT PERSON: R.H. CAHL JONES, CAHL&ASSOCIATES ADDRESS: 18090 BEACH BLVD. SUITE#12 HUNTINGTON BEACH, CA 92648 DAYTIME TELEPHONE NO: (714)848-0566CEN/ This document consisting of 6 pages was prepared by me or under my direction.-7/ ] � N0. 21005 �T► I �200(p E, s 3o a�q, R.H. CAHL R.C.E. 21005q� C1V11, � QF CA1,\F My Registration Expires: 9/30/07 COUNTY: AND Examined and Approved as to survey content only for 5�� VAORN�� Raymond L. Mathe, County Surveyor Exp.03/31/08 Raymond L. Mathe, L.S. 6185 sTq No.7212 County Surveyor OFCAL�� My License Expires: 3/31/08 ! / Dated this -7 TH day of /1L 6Vci;-i g,�_/ 2006 ®FESS/p CITY ENGINEER: This Lot Line Adjustment Application has been examined and approved by the City of Huntington Beach. !2�� c9 C60560 C m i 2-"I-ZoC� EXP 1 Z-31-Up Travis K. Hopkins, City tngineer R.C.E. 60560 Date �� C/1/1I%k, My Registration Expires: 12-31-06 OF CA`� PLANNING DEPARTMENT: Examined and Approve as to Zoning Conformance by the City of Huntington Beach Planning Department /z 7•�v By: Date O CITY OF HUNTINGTON BEACH LOT LINE ADJUSTMENT No. 2006 - 008 011 LEGAL DESCRIPTION "EXHIBIT A" Existing Parcels Proposed Parcels Owners: AP Numbers: Reference Number: BEACH SIDE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDIVIDED 50% INTEREST BEACH BREEZE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDIVIDED 50% INTEREST ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE CITY OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA DESCRIBED AS FOLLOWS: PARCEL 1 LOT 8 AND THE NORTHEASTERLY 1.5 FEET OF LOT 6 IN BLOCK 414 OF HUNTINGTON BEACH, SEVENTEENTH STREET SECTION, AS PER MAP RECORDED IN BOOK 4, PAGE 10 OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA PARCEL 2 LOT 6 AND THE NORTHEASTERLY 3 FEET OF LOT 4, IN BLOCK 414 OF HUNTINGTON BEACH, SEVENTEENTH STREET SECTION, AS PER MAP RECORDED IN BOOK 4, PAGE 10 OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA. EXCEPTING THE NORTHEASTERLY 1.5 FEET OF LOT 6. SEE EXHIBIT "B" ATTACHED HERETO AND BY THIS REFERENCE MADE A PART THEREOF. NOTE: THERE MAY BE EASEMENTS OF RECORD DELINEATED AND REFERENCED ON THE UNDERLYING MAPS OR THERE MAY BE OTHER RECORDED EASEMENTS WITHIN THE AREA BEING ADJUSTED THAT ARE NOT SHOWN ON THIS DOCUMENT THAT COULD ENCUMBER SAID PARCELS HEREIN. OQROFESS/pN� THIS DESCRIPTION/MAP HAS BEEN PREPARED ��G�PRD H. c�F BY ME OR UNDER MY DIRECTION. N0. 21005 Is)/d � 3O Exp.s 07 R.H. CAHL R.C.E. 21005 9TFOFI CA My Registration Expires: 9-30-07 F0 �� CITY OF HUNTINGTON BEACH � LOT LINE ADJUSTMENT No. 2006 e 008 MAP "EXHIBIT B" Existing Parcels Proposed Parcels Owners: AP Numbers: Reference Number: BEACH SIDE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDIVIDED 50% INTEREST BEACH BREEZE LLC, A CALIFORNIA 024-021-16 PARCEL 1 AND PARCEL 2 LIMITED LIABILITY COMPANY, AS AN UNDIODED 50% INTEREST AREAS EXISTING AREA PROPOSED AREA LEGEND: SHT. 1 OF 1 PARCEL M 2,937.50 SQ. FT. 3,113.75 SQ. FT EXISTING BOUNDARY LINE PARCEL 2 3,290.00 SQ, FT. 3,113.75 SQ. FT. TO REMAIN —————EXISTNG BOUNDARY LINE TOTAL 6,227.50 SQ, FT. 6,227.50 SQ. FT. PER THIS ADJUSTMENT REVISED BOUNDARY LINE PER THIS ADJUSTMENT —-—-—EXISTING CENTERLINE LOT 12 (115') 37.5' 17.5' X LOT 10 w 117.5' (117.5') 15' n n PARCEL 10 LOT 8 N rn N � N (117 5 ) 16 LOT LINE TO BE REVISED U �----- g-Z -------- W 1.5' 0 REVISED LOT LINE J v~i N �� PARCEL 20 LOT 6 N In rn Q w N � � 117 5 LOT LINE TO BE REMOVED U'. -A-- -- -------- 37.5'� 3' 117.5' 15'� LOT 4 (117.5') 1 \ NORTH LOT 2 `n SCALE : 1"=40' X (117.5') w Ln 1n NOTE.• DISTANCES SHOWN AS (**.**) ARE RECORD PER SEVENTEENTH STREET f ORANGE AVE. SECTION BK. 4 PG. 10 --- -------------------------------- OQROFESS/p�y� THIS DESCRIPTION/MAP HAS BEEN PREPARED BY ME D OR UNDER MY DIRECTION. G, N0. 21005 N aF Exp.9 30 07 R.H. CAHL R.C.E. 21005 `r� CIV1L My Registration Expires: 9-30-07 qTF OF CA��FOF' 0 CITY OF HUNTINGTON BEACH 0 . LOT LINE ADJUSTMENT �B No. 2006 - 008 MAP "EXHIBIT C" Existing Parcels Proposed Parcels Owners: AP Numbers: Reference Number: BEACH SIDE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDIVIDED 50% INTEREST BEACH BREEZE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS 024-021-16 PARCEL 1 AND PARCEL 2 AN UNDIVIDED 50' INTEREST AREAS EXISTING AREA PROPOSED AREA LEGEND: SHT. 1 OF 1 PARCEL 1� 2,937.50 SO. FT. 3,113.75 SO. FT. EXISTING BOUNDARY LINE TO REMAIN PARCEL © 3,290.00 SQ. FT. 3,113.75 SO. FT. —————EXISTING BOUNDARY LINE TOTAL 6,227.50 SQ. FT 6,227.50 SQ. FT PER THIS ADJUSTMENT ®REWSED BOUNDARY LINE PER THIS ADJUSTMENT -----EXISTING CENTERLINE LOT 12 115' 37.5' 17.5' X LOT 10 w 117.5' 15' n TO BE DEMOLISHED N � i N PARCEL 10 LOT 8 —— LOT LINE TO 8E REVISED y -- 1.5' r� J N PARCEL% LOT 6 P) Q w N OT LINE TO BE EMOVED 01- � i --L----_ ------ 3 7.5' 117.5' 15' 3' LOT 4 I � LOT 2 Ln NORTH X (117.5') 'j SCALE : 1"=40' NO TE.- M DISTANCES SHOWN AS (**.**) ARE RECORD PER SEVENTEENTH STREET ORANGE AVE. SECTION BK. 4 PG. 10 --- ----------f-------------------- OQROFESSIn THIS DESCRIPTION/MAP HAS BEEN PREPARED BY ME ��'G�FRO N. OR UNDER MY DIRECTION. N0. 21005 12410b � '� Exp.g 30 07 R.H. CAHL WR.C.E. 21005 J` P My Registration Expires: 9-30-07 OF CA �\ 9TF �F p� Order No. i Escrow No. Loan No. WHEN RECORDED MAIL TO: Beach Side LLC 7515 Oak-tree Ave. Westminster,CA 92683 Beach Breeze LLC 7515 Oaktree Ave. Westminster,CA 92683 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 C®RP® TI N QUITCLAIM DEED FOR A VALUABLE CONSIDERATION,receipt of which is hereby acknowledged, Beach Side LLC, a California Limited Liability Company, as an undivided 50% interest, and Beach Breeze, LLC, a California Limited Liability Company,as to an undivided 50%interest a corporation organized under the laws of the State of California,does hereby REMISE,RELEASE AND QUITCLAIM to Beach Side LLC, a California Limited Liability Company, as an undivided 50% interest, and Beach Breeze, LLC, a California Limited Liability Company,as to an undivided 50%interest the real property in the City of Huntington Beach,County of Orange, State of California,described as SEE EXHIBIT"A"ATTACHED HERETO AND MADE A PART HEREOF. Dated STATE OF CALIF., IA }ss By,Beach Side LLC,President—Nabil M i COUNTY OF UM,kr4 e } On - O Q before me, C I By,Beach Side LLC,Secretary—Sawsan Makari perso,paj ly a pearedNa i a A s q I"la :trl - personally known to me (or 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 SANDRA DESKOVICK instrument the person(s) or the entity upon behalf of which the s' COMM.# 1432544 = person(s)acted,executed the instrument. n`=mom ;NOTARY PUBLIC-CALIFORNIA Z \\ ORANGE COUNTY WITNESS my hand and official seal. MY COMM.EXP. JULY 27,2007 Signature 6/9yit i4- (This area for official notarial seal) 1145(1/94) 4 Dated n STATE OF CALIFORNIA )ss By, each Breeze LLC,President—Na t COUNTY OF I LLB 1 G}✓° } On D . before me, e By,Beach Breeze LLC,Secretary—Sawsan Makari person�11�(appeared^ Cl }/ et ld/ _a(�6a� I"l0(��av� personally known to me (or 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 SANDRA DESKOVICK instrument the person(s) or the entity upon behalf of which the r •' .�. a p ( ) h' p � COfVIM.# 1432544 person(s)acted,executed the instrument. �' ~ NOTARY PUBLIC-CALIFORNIA y ORANGE COUNTY WITNESS my hand and�official seal. MY COMM,FXP. JULY 27,2007 Signatureit (This area for official notarial seal) MAIL TAX STATEMENTS TO: 1145(1/94) f EXHIBIT "A" PARCEL I: ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE CITY OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA DESCRIBED AS FOLLOWS: LOT 8 AND THE NORTHEASTERLY 1 . 5 FEET OF LOT 6 IN BLOCK 414 OF HUNTINGTON BEACH, SEVENTEENTH STREET SECTION, AS PER MAP RECORDED IN BOOK 4 PAGE 10 OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA THE ABOVE PARCEL CONTAINS 0 . 071 ACRES MORE OR LESS. PARCEL 2: ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE CITY OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA DESCRIBED AS FOLLOWS: LOT 6 AND THE NORTHEASTERLY 3 FEET OF LOT 4, IN BLOCK 414 OF HUNTINGTON BEACH, SEVENTEENTH STREET SECTION, AS PER MAP RECORDED IN BOOK 4, PAGE 10 OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA. EXCEPTING THE NORTHEASTERLY 1 . 5 FEET OF LOT 6. THE ABOVE PARCEL CONTAINS 0 . 071 ACRES MORE OR LESS . SAID LANDS NOW SHOWN AS PARCEL 1 AND PARCEL 2 OF CITY OF HUNTINGTON BEACH LOT LINE ADJUSTMENT 2006-008, RECORDED , 2006 AS INSTRUMENT NO. 2006- , OFFICIAL RECORDS. 1145(1/94) RECORDATION REQUESTED BY: WHEN RECORDED MAIL TO: Pacific Western Bank Huntington Beach 19950 Beach Blvd. Huntington Beach, CA 92648 SEND TAX NOTICES TO: Beach Side, LLC,a California limited liability company Beach Breeze, LLC,a California limited liability company 7515 Oaktree Avenue Westminster, CA 92683 FOR RECORDER'S USE ONLY MODIFICATION OF DEED OF TRUST THIS MODIFICATION OF DEED OF TRUST dated November 21, 2006, is made and executed between between Beach Side, LLC, a California limited liability company and Beach Breeze, LLC, a California limited liability company, whose address is 7515 Oaktree Avenue, Westminster, CA 92683 ("Trustor") and Pacific Western Bank, whose address is Huntington Beach, 19950 Beach Blvd., Huntington Beach, CA 92648 ("Lender"). DEED OF TRUST. Lender and Trustor have entered into a Deed of Trust dated December 5; 2005 (the "Deed of Trust") which has been recorded in Orange County, State of California, as follows: Instrument No. 2005000998870, Recorded on 12-14-2005 in Official Records. REAL PROPERTY DESCRIPTION. The Deed of Trust covers the following described real property located in Orange County, State of California: IN THE COUNTY OF ORANGE, STATE OF CALIFORNIA, BEING ALL OF PARCEL 1 AND PARCEL 2 AS SHOWN ON EXHIBIT "B" OF HUNTINGTON BEACH LOT LINE ADJUSTMENT NO. 2006-008 RECORDED AS INSTRUMENT NO. OF OFFICIAL RECORDS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. The Real Property or its address is commonly known as 406 &408 15th Street, Huntington Beach, CA 92648. The Assessor's Parcel Number for the Real Property is 024-021-16. MODIFICATION. Lender and Trustor hereby modify the Deed of Trust as follows: The Note secured by the Deed of Trust has been modified pursuant to the Change in Terms Agreement executed concurrently herewith to amend legal description. CONTINUING VALIDITY. Except as expressly modified above, the terms of the original Deed of Trust shall remain unchanged and in full force and effect. Consent by Lender to this Modification does not waive Lender's right to require strict performance of the Deed of Trust as changed above nor obligate Lender to make any future modifications. Nothing in this Modification shall constitute a satisfaction of the promissory note or other credit agreement secured by the Deed of Trust (the "Note"). It is the intention of Lender to retain as liable all parties to the Deed of Trust and all parties, makers and endorsers to the Note, including accommodation parties, unless a party is expressly released by Lender in writing. Any maker or endorser, including accommodation makers, shall not be released by virtue of this Modification. If any person who signed the original Deed of Trust does not sign this Modification, then all persons signing below acknowledge that this Modification is given conditionally, based on the representation to Lender that the non-signing person consents to the changes and provisions of this Modification or otherwise will not be released by it. This waiver applies not only to any initial extension or modification, but also to all such subsequent actions. TRUSTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF THIS MODIFICATION OF DEED OF TRUST AND TRUSTOR AGREES TO ITS TERMS. THIS MODIFICATION OF DEED OF TRUST IS DATED NOVEMBER 21, 2006. F MODIFICATION OF DEED OF TRUST Loan No: 06035323 (Continued) Page 2 TRUSTOR: BEACH SIDE, LLC,A CALIFORNIA LIMITED LIABILITY COMPANY By: a�a Nabil Makari, Manager of Beach Side, LLC,a California limited liability company BEACH BREEZE, LLC,A^CALIF/ORNIA LIMITED LIABILITY COMPANY By: ot/�/ " V�! ` Na an, anager of eac , a California limited liability company LENDER: PACIFIC WESTERN BANK , X I horized Officer CERTIFICATE OF ACKNOWLEDGMENT STATE OF t�`7 J(-��/�/I� ► )SS COUNTY OF� /��j ► On 20 do before me, personally appeared Na d Makari, personally known to me (or 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. N.GERSON #1577007 WITNESS my hand and official seal. Signature (Seal) MODIFICATION OF DEED OF TRUST Loan No: 06035323 (Continued) Page 3 CERTIFICATE OF ACKNOWLEDGMENT STATE OF ��.,/��/A I )SS COUNTY OFX-/�j� 1 On 1& `�� 44 20QL_ before me, personally appeared Nabi Makari, personally known to me (or 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;;Zo H.GERSON WITNESS my hand and official seal. Commm# Is77607 iaZVi; Signature (Seal) CERTIFICATE OF ACKNOWLEDGMENT STATE OF 04,4,/rQNOW�A-- 1 )SS COUNTY OF 4Axl Cam' ► On 4101, E I q ` 'V , 20 40& before me, personally appeared Z� Ad LIj I I—L OtA+.- —1 personally known to me (or 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. H. GERSON WITNESS my hand and official seal. Ca1MOwl.#1677507 N"Pift-Cap" 011crom Cc" Signature VF1MVCoffVn=M0V9.2=1 (Seal) LASER PRO Londin9,V..5.29.00.002 Cop,.Harland Financial SoluSona,Inc.1997,2006. All Right,Ra ,,ti. CA I:\HARPWN6\CFIWIN\CFI\LPL\0202.FC TR-5351 PR-10 City ®f Hunfington Beach 2000 MAIN STREET CALIFORNIA92648 DEPARTM ENT OF PLANNING Phone 536-5271 Fax 374-1540 374-1648 NOTICE OF ACTION June 21, 2006 PETITION DOCUMENT: LOT LINE ADJUSTMENT NO. 2006-008 (Makari Property) PROPERTY OWNER/ APPLICANT: Nabil Makari, 7515 Oaktree Avenue, Westminster, CA 92683 REQUEST: To consolidate two 25-foot wide lots and a three-foot portion of a third lot into two 26.5-foot wide lots LOCATION: 406-408 15th Street, Huntington Beach, CA 92648 DATE OF ACTION: June 21, 2006 Dear Mr. Makari: Your application was acted upon by the Planning Department of the City of Huntington Beach on June 21, 2006, and your request was approved. Included in this letter are the findings and conditions of ap- proval for this application. Under the provisions of the Huntington Beach Zoning and Subdivision Ordinance, the action taken by the Planning Department is final unless an appeal is filed to the Planning Commission by you or by an inter- ested party. Said appeal must be in writing and must set forth in detail the action and grounds by which the applicant or interested party deems himself aggrieved. Said appeal must be accompanied by a filing fee of Four-Hundred Ninety-Four Dollars ($494.00). The appeal shall be submitted to the Secretary of the Planning Commission within ten (10) calendar days of the date of the Planning Department's action. The last day for filing an appeal and paying the filing fee for the above noted application is July 3, 2006. Provisions of the Huntington Beach Zoning and Subdivision Ordinance are such that a Lot Line Adjust- ment becomes null and void two (2) years after the date of final approval, unless executed by recorda- tion. It is recommended that you immediately pursue completion of the Conditions of Approval and address all requirements of the Huntington Beach Municipal Code and Subdivision and Zoning Ordinance in order to expedite the processing of your total application. Lot'Line Adjustment No.2006-008 Page 2 1 hereby certify that Lot Line Adjustment No. 2006-008 was conditionally approved by the Planning De- partment of the City of Huntington Beach, California, on. June 21, 2006, upon the foregoing conditions and citations. If you have any questions, please contact Jason Kelley, Associate Planner at (714) 536-5271. Very truly yours, Howard Zelefsky, Director of Planning by: Jason Kelley Associate Planner xc: Herb Fauland, Principal Planner Steve Bogart, Public Works Department Attachment: Findings and Conditions of Approval—LLA No.2006-008 G:\PLANNING\Lot Line Adjustments\NOA\2006\LLA NO 06-08 (406-408 15th Street).doc Lot Line Adjustment No. 2006-008 Page 3 ATTACHMENT NO. 1 FINDINGS AND CONDITIONS OF APPROVAL LOT LINE ADJUSTMENT NO. 2006-008 FINDINGS FOR PROJECTS EXEMPT FROM CEQA: The Planning Department finds that the project will not have any significant effect on the environment and is exempt from the provisions of the California Environmental Quality Act (CEQA) pursuant to sec- tion 15305 of the CEQA Guidelines, because the project consists of a minor lot line adjustment, not re- sulting in the creation of additional parcels nor a change in land use or increase in density, in an area with an average slope of less than 20 percent. FINDINGS FOR APPROVAL - LOT LINE ADJUSTMENT NO. 2006-008: 1. The granting of Lot Line Adjustment No. 2006-008, for the consolidation of two 25-foot wide lots and a three-foot portion of a third lot into two 26.5-foot wide lots, will not create any additional parcels or building sites. 2. The resulting parcel will conform to Titles 20-24 of the Huntington Beach Zoning and Subdivision Or- dinance (HBZSO) because the lot will comply with the requirements for minimum area, width, front- age, building setbacks and site coverage. Future development on the site will also comply with the standards of the HBZSO. 3. The lot line adjustment will not sever any existing structure on the resulting parcel. The existing dwelling on the subject site straddles the common property line of the two existing lots. The pro- posed lot line adjustment will consolidate two lots and a portion of a third lot into two, thereby remov- ing the above-mentioned property line. 4: The lot line adjustment will not increase the number of dwelling units on the property prior to the ad- justment. Currently, there is a six-unit apartment complex on the property with a development pro- posal to demolish the apartment complex and replace it with two new single-family dwellings. The maximum permitted development density on the resulting parcel will comply with the density stan- dards of the RMH-A zoning district. 5. A plat map showing the lot line adjustment has been prepared and approved and will be filed in ac- cord with the provisions of Section 253.24 of the HBZSO. CONDITIONS OF APPROVAL— LOT LINE ADJUSTMENT NO. 2006-008: The plat map stamped received and date stamped June 9, 2006, and maintained in Planning Depart- ment case file LLA No. 2006-008 shall be the approved layout. The lot line adjustment form shall be submitted to the Public Works Department for final review and modified as necessary pursuant to the requirements of the Public Works Department prior to recorda- tion. INFORMATION ON SPECIFIC CODE REQUIREMENTS: 1. Lot Line Adjustment No. 2006-008 shall not become effective until the ten-calendar day appeal pe- riod has elapsed. 2. Lot Line Adjustment No. 2006-008 shall become null and void unless exercised by recordation within two years of the date of final approval or such extension of time as may be granted by the Di- GAPLANNING\Lot Line Adjustments\NOA\2006\LLA NO 06-08 (406-408 15th Street).doc Lctt Line Adjustment No.2006-008 Page 4 rector pursuant to a written request submitted to the Planning Department a minimum 30 days prior to the expiration date. 3. Lot Line Adjustment No. 2006-008 shall comply with all applicable provisions of the Municipal Code, Building & Safety Department, and Fire Department as well as applicable local, State and Federal Fire Codes, Ordinances, and standards, except as noted herein. G:\PLANNING\Lot Line Adjustments\NOA\2006\LLA NO 06-08 (406-408 15th Street).doc *Not an official copy* s s RECORDING REQUESTED BY Recorded in Official Records, orange County Tom Daly, Clerk-Recorder WHEN RECORDED MAIL TO II1II3111 IIIIIIIIIIIIIIIIIIIIIIIIIIIIINIII1111IIIIIIINIIIIIIIIII6.00 NAME /YA,61 L MAKAIZ 200600017562710:07am 03/17/06 ADDRESS :itV S oAlI-' 7nr-Z 115 45 G02 1 CITY W4r "r 71W_(�'/ $� 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 STATE&ZIP C/} I L( q .3 Title Order No, Escrow No. SPACE ABOVE THIS LINE FOR RECORDER'S USE GRANT DEED .�s �� se Prime r The undersigned declares that the documentary transfer tax is b s®and is ❑Computed on the full value of the interest or property conveyed, or is � ` Ao__& � ❑Computed on the full value less the value of liens or encumbrances remaining at time of sale. The land, tenements realty is located in ❑Unincorporated area of: KCity of: Nu^/�;r/N,'-' �a 3 ` slid FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged. hereby GRANT(S) to �3�Ac N s�,�c Lt-c a C �iFc NiA coMPin/ Y / cc s AAl v,✓-9/v/f7�/��D% in�r��cS:� ar.� gcAc// rSe.-CELL C� C�Li�alz a�iA �i� i�Fo 4-/.7i3/L/rjr c aM00'#/ y �I fo-. a 4NDi11i'rJE� the following described real property in the a,)6 61o8 County of 612, &6 , State of California. C' 0 MM Iry G f✓ NO/.✓/V .A J x Dated: WcAP-co 1"?rZ04C State of California, Countyof GAAIAAGU On Avi&C (M LV,o1 before me o4AQ d-c; &-4 .011- (Name of Notary Public) personally appeared lVofeA/Z personally known to me(or proved to me on the basis of satisfactory evidence)to be the person(s)whose name(s)is/are subscribed to the within instrumentand acknowledged to me that he/shelthey executed the same in his/her/their authorized capacity(ies),and that by his/her/their signature(s)on the instrument the person(s),orthe entity upon behalf of which the person(s)acted,executed the instrument. WITN S my hand and official seal. a A �ERTO T ARTURO ALBERTO OTERO Commission#1402378 Notary Public-California {Sig re of Notary Public) !' Orange County MAIL TAX STATEMENTS AS DIRECTED A130V, `' My Comm.Expires Feb 25,2007 Document:2006-00175627 Page:1 `= TICOR TITLE COMPANY 25950 Acero St, Suite 320 Mission Viejo, CA 92691 °m _N (949) 454-4747 i:,�i C: LIFPIA Issuing Agent for Ticor Title Insurance Company TRANS NATIONAL ESCROW Title Officer: Bobbie Wood 12802 VALLEY VIEW # 5 Title Officer Phone: (949)454-4747 GARDEN GROVE, CA 92645 Title Officer Fax: (949)470-9268 ATTN: MARLENE Title Officer Email: bwood@ticortitle.com YOUR REF: PRESALE ORDER NO.: 547372- 20 PROPERTY: 406-408 15TH STREET, HUNTINGTON BEACH, CA DATED AS OF: September 06, 2006, 7:30am PRELIMINARY REPORT In response to the application for a policy of title insurance referenced herein, Ticor 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 herein or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from coverage and Limitations on Covered Risks of said Policy or Policies are set forth in Exhibit A attached. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner's Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A. 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 or Policies 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 policies of Ticor 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. TICOR TITLE COMPANY OF CALIFORNIARF R 0 By /' v Executive Vice President sy A. oct.e,31 t998 _',;, ATTEST � y BY Cq 0� Authorized Signatory _.__ ecre ary Preliminary Report Cover(Rev. 11-17-04) YOUR REFERENCE: PRESALE ORDER NO.: 547372-20 SCHEDULE A THE FORM OF POLICY OR POLICIES OF TITLE INSURANCE CONTEMPLATED BY THIS REPORT IS: ALTA Homeowners' Policy of Title Insurance for a One-to-Four Family Residence (10/17/98) THE ESTATE OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR REFERRED TO COVERED BY THIS REPORT IS: A FEE TITLE TO SAID ESTATE OR INTEREST AT THE DATE HEREOF IS VESTED IN: BEACH SIDE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS AN UNDIVIDED 80% INTEREST, AND BEACH BREEZE, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS TO AN UNDIVIDED 20% INTEREST,SUBJECT TO ITEM(S) #5 AND #9. THE LAND REFERRED TO IN THIS REPORT IS SITUATED IN THE COUNTY OF ORANGE, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS: SEE EXHIBIT"A" ATTACHED HERETO AND MADE A PART HEREOF Page 2 YOUR REFERENCE: PRESALE ORDER NO.: 547372-20 EXHIBIT "A" LOT(S) 6 AND 8 AND THE NORTHEASTERLY 3 FEET OF LOT 4 IN BLOCK 414 OF HUNTINGTON BEACH, SEVENTEENTH STREET SECTION, IN THE CITY OF HUNTINGTON BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 4, PAGE(S) 10 OF MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. Page 3 YOUR REFERENCE: PRESALE ORDER NO.: 547372-20 SCHEDULE B AT THE DATE HEREOF, EXCEPTIONS TO COVERAGE IN ADDITION TO THE PRINTED EXCEPTIONS AND EXCLUSIONS IN SAID POLICY FORM WOULD BE AS FOLLOWS: A. Property Taxes, which are a lien not yet due and payable, including any assessments collected with taxes to be levied for the fiscal year 2006-2007. B. Property Taxes for the fiscal year shown below are PAID. For proration purposes, the amounts are: APN: 024-021-16 Fiscal Year: 2005-2006 Code Area: 04001 1st Installment: $7,997.44 PAID 2nd Installment: $7,997.44 PAID Land: $1,173,000.00 Improvements: $255,000.00 Exemption: $0.00 HOMEOWNERS C. Supplemental Assessment for 2005 : Bill No.: 0300 1st Installment: $591.48/DEL. PENALTY 59.15 Must Be Paid By: 05/31/2006 2nd Installment: $591.49/ OPEN Must Be Paid By: 10/02/2006 D. 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. 1. Water rights, claims or title to water, whether or not disclosed by the public records. 2. Covenants, conditions and restrictions as set forth in the document, but omitting, except to the extent that said covenant or restriction is controlled or permitted by any applicable federal or state law, any covenants or restrictions, if any, based upon race, color, religion, sex, sexual orientation, familial status, marital status, disability, medical condition, national origin, source of income, or ancestry. Recorded: IN BOOK 385 PAGE 48 OF DEEDS If you should request a copy of the document referred to above, the California Government Code Section 12956.1 requires that a county recorder, title insurance company, escrow company, real estate broker, real estate agent, or association that provides a copy of a declaration, governing document, or deed to any person shall place a cover page or stamp on the first page of the previously recorded document or documents stating, in at least 14-point boldface type, the following: If this document contains any restriction based on race, color, religion, sex, sexual orientation, familial status, marital status, disability, national origin, source of income as defined in subdivision (p) of Section 12955, or ancestry, that restriction violates state and federal fair housing laws and is void, and may be removed pursuant to Section 12956.2 of the Government Code. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status. Said covenants, conditions and restrictions provide that a violation thereof shall not defeat the lien of any mortgage or deed of trust made in good faith and for value. Page 4 YOUR REFERENCE: PRESALE ORDER NO.: 547372-20 SCHEDULE B (continued) 3. A community oil and gas lease for the term therein provided, executed by the parties herein named, and other parties as owners of other lands described in said lease, with certain covenants, conditions and provisions, together with easements, if any, as set forth therein. Dated: 03/06/1981 Lessor: VERA M. GOZDIFF, VERA M. ALEXANDER, ALSO KNOWN AS VERA M. GOZDIFF, DONALD ALEXANDER, HER HUSBAND Lessee: R.K. SUMMY, INC., A CORPORATION Recorded: APRIL 28, 1981 AS INSTRUMENT NO. 33239 IN BOOK 14035 PAGE 1395 OF OFFICIAL RECORDS No assurance is made as to the present ownership of the leasehold created by said lease, nor as to other matters affecting the rights or interests of the lessor or lessee in said lease. 4. A deed of trust to secure an indebtedness in the amount shown below, and any other obligations secured thereby Amount: $2,400,000.00 Dated: 12/05/2005 Trustor: BEACH SIDE, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY AND BEACH BREEZE, LLC., A CALIFORNIA LIMITED LIABILITY COMPANY Trustee: PACIFIC WESTERN NATIONAL BANK Beneficiary: PACIFIC WESTERN NATIONAL BANK Recorded: DECEMBER 14, 2005 AS INSTRUMENT NO. 2005000998870 OF OFFICIAL RECORDS 5. The effect of a GRANT DEED dated 03/17/2006, executed by BEACH SIDE, LLC, AN 80% INTEREST AND BEACH BREEZE, LLC, AN 20% INTEREST to BEACH SIDE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS AN UNDIVIDED 50% INTEREST, AND BEACH BREEZE, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS TO AN UNDIVIDED 50% INTEREST recorded MARCH 17, 2006 AS INSTRUMENT NO. 2006000175627 OF OFFICIAL RECORDS. 6. This Company will require that a valid Notice of Completion be recorded. 7. This company will require a statement of information from the parties named below in order to complete this report, based on the effect of documents, proceedings, liens, decrees, or other matters which do not specifically describe said land, but which, if any do exist, may affect the title or impose liens or encumbrances thereon. After review of the requested Statement(s) of Information the Company may have additional requirements before the issuance of any policy of title insurance. Parties: ALL PARTIES (Note: The statement of information is necessary to complete the search and examination of title under this order. Any title search includes matters that are indexed by name only, and having a completed statement of information assists the Company in the elimination of certain matters which appear to involve the parties but in fact affect another party with the same or similar name. Be assured that the statement of information is essential and will be kept strictly confidential to this file.) FAILURE TO PROVIDE THIS STATEMENT OF INFORMATION IN A TIMELY MANNER MAY DELAY THE CLOSING OF THIS TRANSACTION. 8. Note: The Company will require that the attached "Owner's Information Statement" be completed by the owner of the estate described or referred to in Schedule A immediately prior to the close of this transaction and returned to us. The purpose of the Owner's Information Statement is to provide the Company with certain information that cannot necessarily be ascertained by making a physical inspection of the land. Page 5 YOUR REFERENCE: PRESALE ORDER NO.: 547372-20 SCHEDULE B (continued) 9. Before issuing its policy of title insurance, this Company will require for review, the following documents from the Limited Liability Company named below. Limited Liability Company: BEACH SIDE LLC AND BEACH BREEZE, LLC (a) A copy of its operating agreement and any and all amendments, supplements and/or modifications thereto, certified by the appropriate manager or member. (b) Confirmation that its Articles or Organization (LLC-1), and Certificate of Amendment (LLC-2), any restated Articles of Organization(LLC-10) and/or Certificate of Correction (LLC-11) have been filed with the Secretary of State. (c) If the Limited Liability Company is member-managed a full and complete current list of members certified by the appropriate manager or member. (d) If the Limited Liability Company was formed in a foreign jurisdiction, evidence, satisfactory to the Company, that it was validly formed, is in good standing and authorized to do business in the state of origin. (e) If the Limited Liability Company was formed in a foreign jurisdiction, evidence, satisfactory to the Company, that it has completed with California "doing business" laws, if applicable. After review of the requested documents, the Company reserves the rights to add additional items or make additional requirements prior to the issuance of any policy of title insurance. END OF EXCEPTION ITEMS Page 6 YOUR REFERENCE: PRESALE ORDER NO.: 547372-20 SCHEDULE B (continued) NOTES AND REQUIREMENTS 1. NOTE: The policy of title insurance will include an arbitration provision. The Company or the insured may demand arbitration. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the insured arising out of or relating to this policy, any service of the Company in connection with its issuance or the breach of a policy provision or other obligation. Please ask your escrow or title officer for a sample copy of the policy to be issued if you wish to review the arbitration provisions and any other provisions pertaining to your Title Insurance coverage. 2. NOTE: Amended Civil Code Section 2941, which becomes effective on January 1, 2002, sets the fee for the processing and recordation of the reconveyance of each Deed of Trust being paid off through this transaction at $45.00. The reconveyance fee must be clearly set forth in the Beneficiary's Payoff Demand Statement ("Demand"). In addition, an assignment or authorized release of that fee, from the Beneficiary to the Trustee of record, must be included. An example of the required language is as follows: "The Beneficiary identified above hereby assigns, releases or transfers to the Trustee of record, the sum of $45.00, included herein as 'Reconveyance Fees', for the processing and recordation of the Reconveyance of the Deed of Trust securing the indebtedness covered hereby, and the escrow company or title company processing this pay-off is authorized to deduct the Reconveyance Fee from this Demand and forward said fee to the Trustee of record or the successor Trustee under the Trust Deed to be paid off in full." In the event that the reconveyance fee and the assignment, release or transfer thereof are not included within the demand statement, then Ticor Title Company may decline to process the reconveyance and will be forced to return all documentation directly to the Beneficiary for compliance with the requirements of the revised statute. 3. The Company is not aware of any matters which would cause it to decline to attach the CLTA Endorsement Form 116 indicating that there is located on said land a MULTIPLE FAMILY DWELLING Known as: 406-408 15TH STREET In the CITY of HUNTINGTON BEACH County of ORANGE State of CALIFORNIA to an Extended Coverage Loan Policy. 4. Matters which may be disclosed by an inspection and/or by a correct ALTA/ACSM Land Title Survey of said land that is satisfactory to this Company, and/or by inquiry of the parties in possession thereof. An inspection of said land has been ordered; upon its completion the Company reserves the right to except additional items and/or make additional requirements. 5. Any rights of the parties in possession of a portion of, or all of, said land, which rights are not disclosed by the public record. 6. The only deed(s) affecting said land which recorded within twenty-four (24) months of the date of this report, is (are) as follows: Grantor: ANDREW STUPIN AND JULIE STUPIN, HUSBAND AND WIFE Grantee: BEACH SIDE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS AN UNDIVIDED 80% INTEREST, AND BEACH BREEZE, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS TO AN UNDIVIDED 200% INTEREST Recorded: DECEMBER 14, 2005 AS INSTRUMENT NO. 2005000998869 OF OFFICIAL RECORDS Page 7 YOUR REFERENCE: PRESALE ORDER NO.: 547372-20 SCHEDULE B (continued) NOTES AND REQUIREMENTS (continued) 7. The only deed(s) affecting said land which recorded within twenty-four (24) months of the date of this report, is(are) as follows: Grantor: BEACH SIDE, LLC, AN 80% INTEREST AND BEACH BREEZE, LLC, AN 20% INTEREST Grantee: BEACH SIDE LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS AN UNDIVIDED 50% INTEREST, AND BEACH BREEZE, LLC, A CALIFORNIA LIMITED LIABILITY COMPANY, AS TO AN UNDIVIDED 50% INTEREST Recorded: MARCH 17, 2006 AS INSTRUMENT NO. 2006000175627 OF OFFICIAL RECORDS 8. - The charge for a policy of title insurance, when issued through this title order, will be based on the Short Term Rate, 9. The current owner does NOT qualify for the $20.00 discount pursuant to the coordinated stipulated judgments entered in actions filed by both the Attorney General and private class action plaintiffs for the herein described property Page 8 YOUR REFERENCE: PRESALE ORDER NO.: 547372-20 SCHEDULE B (continued) NOTES AND REQUIREMENTS (continued) NOTICE: NEW WIRE INSTRUCTIONS e EFFECTIVE .JUNfE 1, 2003 When funds are wired to Ticor Title Com an lease use the instructions below: Comerica Bank ABA(routing number) 121 137 522 9920 La Cienega Blvd. 11th Floor Account No: 1891609099 Inglewood, CA 90301 Account Name: Ticor Title Company Trust Account Please credit Ticor Title Company-Title Unit 20 and reference our title order number to avoid return of funds NOTE: 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. Funds received by Ticor Title Company via wire transfer may be disbursed upon receipt. Funds received by this Company via cashier's check or teller's check may be disbursed on the next business day after the day of deposit. If escrow funds (including shortage checks) are disbursed to this company other than by wire transfer, cashier's check or teller's check, disbursement and/or closing will be delayed 3 to 7 business days. Questions concerning deposit and/or disbursement of escrow and sub-escrow funds and recording should be directed to your title officer, escrow officer or loan payoff officer. Outgoing wire transfers will not be authorized until we have confirmation of our recording and one(1)of the following: A. We have received confirmation of the respective incoming wire. B. Collection of a deposited check. PAYOFF INFORMATION NOTE: This company DOES require current beneficiary demands prior to closing. If the demand is expired and a current demand cannot be obtained,our requirements will be as follows: If this Company accepts a verbal update on the demand, we may hold an amount equal to one monthly mortgage payment. This hold will be over and above the verbal hold the lender may have stipulated. If this Company cannot obtain a verbal update on the demand, we will either pay off of the expired demand, or wait for the amended demand,at the discretion of the escrow. NOTE: On any open Line-of-Credit or Equity Credit Line loans: Ticor Title Company will require the borrower to turn in any unused checks to the lender and do whatever is necessary to have the lender freeze or terminate the account, otherwise their demand makes us responsible for any checks or cash withdrawals that are outstanding and we will be forced to hold the difference between the principal and the maximum that can be borrowed until the lender has received our payoff check and the account is zeroed. ADDITIONAL INFORMATION NOTE: The charge where an order is canceled 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 the 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 canceled "no fee" pursuant to the provisions of said Insurance Code, then the minimum cancellation fee shall be that permitted by law. NOTE: California Revenue and Taxation Code Section 18662, effective January 1, 2003, requires that the Buyer in all sales of California real estate may be required to withhold an amount equal to 3 1/3% of the total sales price as California State Income Tax,subject to the various provisions of the law as therein contained. END OF NOTES &REQUIREMENTS Bobbie Wood/SP Page 9 Tic®r Title Company 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 you 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: Ticor Title Company Privacy Compliance Officer Fidelity National Financial,Inc. 4050 Calle 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. Notice You may be entitled to receive a $20.00 discount on escrow services if you purchased, sold or refinanced residential property in California between May 19, 1995 and November 1, 2002. If you had more than one qualifying transaction, you may be entitled to multiple discounts. If your previous transaction involved the same property that is the subject of your current transaction, you do not have to do anything; the Company will provide the discount, provided you are paying for escrow or title services in this transaction. If your previous transaction involved property different from the property that is the subject of your current transaction, you must inform the Company of the earlier transaction, provide the address of the property involved in the previous transaction, and the date or approximate date that the escrow closed to be eligible for the discount. Unless you inform the Company of the prior transaction on property that is not the subject of this transaction, the Company has no obligation to conduct an investigation to determine if you qualify for a discount. If you provide the Company information concerning a prior transaction, the Company is required to determine if you qualify for a discount. Request for $20.00 Discount ® CA Settlement Use one form for each qualifying property. To: Ticor Title Company Date: From: (name) Current Address: I believe that I am qualified for the $20.00 discount pursuant to the coordinated stipulated judgments entered in actions filed by both the Attorney General and private class action plaintiffs. I have not previously received a cash payment or a discount from another Company on the property described below. Signed: Date: Address of qualifying property: Approximate date of transaction: THIS SECTION IS FOR TITLE DEPARTMENT USE ONLY. The above referenced party is entitled to receive a $20.00 discount on escrow services or title insurance pursuant to the coordinated stipulated judgments entered in actions filed by both the Attorney General and private class action plaintiffs. OR The above referenced party does NOT qualify for the $20.00 discount pursuant to the coordinated stipulated judgments entered in actions filed by both the Attorney General and private class action plaintiffs for the following reason: The party has previously received credit for the transaction described above. The transaction described above did not occur in the time period allowed by the stipulated judgments— May 19, 1995 to November 1, 2002. Title Department; please fax your response to: Escrow No: Escrow Officer: Fax Number: EXHIBIT A (Revised 11-17-04) CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY-1990 EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of (a) whether or not recorded in the public records at Date of this policy and the Company will not pay loss or damage, costs, Policy, but created,suffered,assumed or agreed to by the attorney's fees or expenses which arise by reason of: insured claimant; 1. (a) Any law, ordinance or governmental regulation (including (b) not known to the Company, not recorded in the public but not limited to building or zoning laws, ordinances, or records at Date of Policy, but known to the insured regulations) restricting, regulating, prohibiting or relating claimant and not disclosed in writing to the Company by to (i) the occupancy, use, or enjoyment of the land; (ii) the insured claimant prior to the date the insured the character, dimensions or location of any improvement claimant became an insured under this policy;. now or hereafter erected on the land; (iii) a separation in ownership or a change in the dimensions or area of the (c) resulting in no loss or damage to the insured claimant; land or any parcel of which the land is or was a part; or (d) attaching or created subsequent to Date of Policy; or (iv) environmental protection, or the effect of any (e) resulting in loss or damage which would not have been violation of these laws, ordinances or governmental sustained if the insured claimant had paid value for the regulations, except to the extent that a notice of the insured mortgage or for the estate or interest insured by enforcement thereof or a notice of a defect, lien, or this policy. encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the 4. Unenforceability of the lien of the insured mortgage because of public records at Date of Policy, the inability or failure of the insured at Date of Policy, or the inability or failure of any subsequent owner of the (b) Any governmental police power not excluded by (a) indebtedness, to comply with the applicable ,doing business above, except to the extent that a notice of the exercise laws of the state in which the land is situated. thereof or notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the S. Invalidity or unenforceability of the lien of the insured land has been recorded in the public records at Date of mortgage, or claim thereof,which arises out of the transaction Policy, evidenced by the insured mortgage and is.based upon usury 2. Rights of eminent domain unless notice of the exercise thereof or any consumer credit protection or truth in lending law. has been recorded in the public records at Date of Policy, but 6. Any claim, which arises out of the transaction vesting in the not excluding from coverage any taking which has occurred insured the estate of interest insured by this policy or the prior to Date of Policy which would be binding on the rights of transaction creating the interest of the insured lender, by a purchaser for value without knowledge. reason of the operation of federal bankruptcy, state insolvency 3. Defects, liens, encumbrances, adverse claims, or other or similar creditors'rights laws. matters: EXCEPTIONS FROM COVERAGE - SCHEDULE B, PART 1 This policy does not insure against loss or damage (and the 3. Easements, liens or encumbrances, or claims thereof, which Company will not pay costs, attorney's fees or expenses) which are not shown by the public records. arise by reason of: 4. Discrepancies, conflicts in boundary lines, shortage in area, 1. Taxes or assessments which are not shown as existing liens by encroachments, or any other facts which a correct survey the records of any taxing authority that levies taxes or would disclose,and which are not shown by the public records. assessments on real property or by the public records. 5. (a) Unpatented mining claims; (b) reservations or exceptions Proceedings by a public agency which may result in taxes or in patents or in Acts authorizing the issuance thereof; (c) assessments, or notices of such proceedings, whether or not water rights, claims or title to water, whether or not the shown by the records of such agency or by the public records. matters excepted under(a), (b)or(c)are shown by the public 2. Any facts, rights, interests, or claims which are not shown by records, the public records but which could be ascertained by an inspection of the land or which may be asserted by persons in possession thereof, Exhibit A Revised 11-17-04 EXHIBIT A (continued) CLTA HOMEOWNER'S POLICY OF TITLE INSURANCE(10/22/03) ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE EXCLUSIONS In addition to the Exceptions in Schedule B, You are not insured a. a notice of exercising the right appears in the Public against loss,costs, attorneys'fees,and expenses resulting from: Records at the Policy Date; or 1. Governmental police power, and the existence or violation of b. the taking happened before the Policy Date and is binding any law or government regulation. This includes ordinances, on You if You bought the Land without Knowing of the laws and regulations concerning: taking. a. Building 4. Risks: b. Zoning a. that are created, allowed, or agreed to by You, whether C. Land use or not they appear in the Public Records; d. improvements on the Land b. that are Known to You at the Policy Date, but not to Us, unless they appear in the Public Records at the Policy e. Land division Date; f. environmental protection C. that result in no loss to You; or This Exclusion does not apply to violations or the enforcement d. that first occur after the Policy Date - this does not limit of these matters if notice of the violation or enforcement the coverage described in Covered Risk 7,SA,22,23,24 appears in the Public Records at the Policy Date.This Exclusion or 25. does not limit the coverage described in Covered Risk 14, 15,16, 17 or 24. S. Failure to pay value for Your Title. 2. The failure of Your existing structures, or any part of them, to 6. Lack of a right: be constructed in accordance with applicable building codes. a. to any Land outside the area specifically described and This Exclusion does not apply to violations of building codes if referred to in paragraph 3 of Schedule A; and notice of the violation appears in the Public Records at the b. in streets,alleys,or waterways that touch the Land. Policy Date. 3." The right to take the Land by condemning it,unless: This Exclusion does not limit the coverage described in Covered Risk 11 or 18. LIMITATIONS ON COVERED RISKS Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows: • For Covered Risks 14, 15, 16 and 18,Your Deductible Amount and Our Maximum Dollar Limit of Liability shown on Schedule A. The deductible amounts and maximum dollar limits shown on Schedule A are as follows: Your Deductible Amount Our Maximum Dollar Limit of Liability Covered Risk 14: 1%of Policy Amount or$2,500.00(Whichever is less) $10,000.00 Covered Risk 15: 1%of Policy Amount or$5,000.00(Whichever is less) $25,000.00 Covered Risk 16: 1%of Policy Amount or$5,000.00 (Whichever is less) $25,000.00 Covered Risk 18: 1%of Policy Amount or$2,500.00 (Whichever is less) $ 5,000.00 AMERICAN LAND TITLE ASSOCIATION RESIDENTIAL TITLE INSURANCE POLICY(6-1-87) EXCLUSIONS In addition to the Exceptions in Section B, you are not insured the taking happened prior to the Policy Date and is against loss,costs, attorneys'fees and expenses resulting from: binding on you if you bought the land without knowing of 1. Governmental police power, and the existence or violation of the taking any law or government regulation. This includes building and 3. Title Risks: zoning ordinances and also laws and regulations concerning: that are created,allowed, or agreed to by you • land use that are known to you,but not to us,on the Policy Date— • improvements on the land unless they appeared in the public records • land division that result is no loss to you • environmental protection that first affect your title after the Policy Date—this does This exclusion does not apply to violations or the enforcement not limit the labor and material lien coverage in Item 8 of of these matters which appear in the public records at Policy Covered Title Risks. Date. 4. Failure to pay value for your title. This exclusion does not limit the zoning coverage described in 5. Lack of a right: Items 12 and 13 of Covered Title Risks. to any land outside the area specifically described and 2. The right to take the land by condemning it, unless: referred to in Item 3 of Schedule A; or • in streets,alleys, or waterways that touch your land. • a notice of exercising the right appears in the public records This exclusion does not limit the access coverage in Item 5 of • on the Policy Date Covered Title Risks. Exhibit A Revised 11-17-04 EXHIBIT A (continued) AMERICAN LAND TITLE ASSOCIATION LOAN POLICY(10-17-92) WITH ALTA ENDORSEMENT-.FORM 1 COVERAGE EXCLUSIONS The following matters are expressly excluded from the coverage of services, labor or material or to the extent insurance is this policy and the Company will not pay loss or damage, costs, afforded herein as to assessments for street attorneys'fees or expenses which arise by reason of: improvements under construction or completed at Date of 1. (a) Any law, ordinance or governmental regulation Policy); or (including but not limited to building and zoning laws, (e) resulting in loss or damage which would not have been ordinances, or regulations) restricting, regulating, prohibiting sustained if the insured claimant had paid value for the or relating to(i)the occupancy, use, or enjoyment of the land; insured mortgage. (ii) the character, dimensions or location of any improvement 4. Unenforceability of the lien of the insured mortgage because of ownership or a change in the dimensions or area of the land or now hereafter erected on the land; (iii) a separation in the inability or failure of the insured at Date of Policy, or the any parcel of which the land is or was of any violation was a part; or ti on of inability or failure of any subsequent owner of the environmental protection, or the effect (iv) indebtedness,to comply with applicable doing business laws of the state in which the land is situated. these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereof or a notice 5. Invalidity or unenforceability of the lien of the insured of a defect, lien or encumbrance resulting from a violation or mortgage, or claim thereof, which arises out of the transaction alleged violation affecting the land has been recorded in the evidenced by the insured mortgage and is based upon usury public records at Date of Policy. or any consumer credit protection or truth in lending law. (a) Any governmental police power not excluded by (a) 6. Any statutory lien for services, labor or materials(or the claim above, except to the extent that a notice of the exercise of priority of any statutory lien for services, labor or materials thereof or a notice of a defect, lien or encumbrance over the lien of the insured mortgage) arising from an resulting from a violation or alleged violation affecting the improvement or work related to the land which is contracted land has been recorded in the public records at Date of for and commenced subsequent to Date of Policy and is not Policy. financed in whole or in part by proceeds of the indebtedness 2. Rights of eminent domain unless notice of the exercise thereof secured by the insured mortgage which at Date of Policy the has been recorded in the public records at Date of Policy, but insured has advanced or is obligated to advance. not excluding from coverage any taking which has occurred 7. Any claim which arises out of the transaction creating the prior to Date of Policy which would be binding on the rights of interest of the mortgagee insured by this policy, by reason of a purchaser for value without knowledge. the operation of federal bankruptcy, state insolvency, or 3. Defects, liens, encumbrances, adverse claims, or other similar creditors'rights laws,that is based on: matters; (i) the transaction creating the interest of the insured (a) created, suffered, assumed or agreed to by the insured mortgagee being deemed a fraudulent conveyance or claimant; fraudulent transfer; or (b) not known to the Company, not recorded in the public (I i) the subordination of the interest of the insured records at Date of Policy, but known to the insured mortgagee as a result of the application of the doctrine claimant and not disclosed in writing to the Company by of equitable subordination; or the insured claimant prior to the date the insured (iii) the transaction creating the interest of the insured claimant became an insured under this policy; mortgagee being deemed a preferential transfer except (c) resulting in no loss or damage to the insured claimant; where the preferential transfer results from the failure: (d) attaching or created subsequent to Date of Policy(except (a) to timely record the instrument of transfer; or to the extent that this policy insures the priority of the (b) of such recordation to impart notice to a purchaser lien of the insured mortgage over any statutory lien for for value or a judgement or lien creditor. The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage,the Exceptions from Coverage in a Standard Coverage policy will also include the following General Exceptions: EXCEPTIONS FROM COVERAGE 1. Taxes or assessments which are not shown as existing liens by 3. Easements, liens or encumbrances, or claims thereof, which the records of any taxing authority that levies taxes or are not shown by the public records. assessments on real property or by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area, Proceedings by a public agency which may result in taxes or encroachments, or any other facts which a correct survey assessments, notices of such proceedings, whether not would disclose,and which are not shown by the public records. shown by the records of such agency or by the public records. 2. Any facts, rights, interests, or claims which are not shown by 5. (a) Unpatented mining claims; (b) reservations or exceptions the public records but which could be ascertained by an in patents or in Acts authorizing the issuance thereof; (c) inspection of the land or which may be asserted by persons in water rights, claims or title to water, whether or not the possession thereof. matters excepted under(a), (b)or(c)are shown by the public records. Exhibit A Revised 11-17-04 EXHIBIT A (continued) AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY(10-17-92) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of matters; this policy and the Company will not pay loss or damage, costs, (a) created, suffered, assumed or agreed to by the insured attorneys'fees or expenses which arise by reason of: claimant; 1. (a) Any law, ordinance or governmental regulation (including (b) not known to the Company, not recorded in the public but not limited to building and zoning laws, ordinances, or records at Date of Policy, but known the insured regulations)restricting, regulating, prohibiting or relating to e claimant and not disclosed in writing to the Company by the occupancy, use, or enjoyment of the land; (n the the insured claimant prior to the date the insured character, dimensions or location of any improvement now or claimant became an insured under this policy; hereafter erected on the land; (iii) a separation in ownership or a change in the dimensions or area of the land or any parcel (c) resulting in no loss or damage to the insured claimant; of which the land is or was a part; or (iv) environmental (d) attaching or created subsequent to Date of Policy; or protection, or the effect of any violation of these laws, ordinances or governmental regulations, except to the extent (e) resulting in loss or damage which would not have been that a notice of the enforcement thereof or a notice of a sustained if the insured claimant had paid value for the defect, lien or encumbrance resulting from a violation or estate or interest insured by this policy. alleged-violation affecting the land has been recorded in the 4. Any claim which arises out of the transaction vesting in the public records at Date of Policy. insured the estate or interest insured by this policy, by reason (a) Any governmental police power not excluded by (a) of the operation of federal bankruptcy, state insolvency, or above, except to the extent that a notice of the exercise similar creditors'rights laws,that is based on: thereof or a notice of a defect, lien or encumbrance (i) the transaction creating the estate or interest insured by resulting from a violation or alleged violation affecting the this policy being deemed a fraudulent conveyance or land has been recorded in the public records at Date of fraudulent transfer; or Policy. (ii) the transaction creating the estate or interest insured by 2. Rights of eminent domain unless notice of the exercise thereof this policy being deemed a preferential transfer except has been recorded in the public records at Date of Policy, but where the preferential transfer results from the failure: not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of (a) to timely record the instrument of transfer; or a purchaser for value without knowledge. (b) of such recordation to impart notice to a purchaser 3. Defects, liens, encumbrances, adverse claims, or other for value or a judgment or lien creditor. The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage,the Exceptions from Coverage in a Standard Coverage policy will also include the following General Exceptions: EXCEPTIONS FROM COVERAGE 1. Taxes or assessments which are not shown as existing liens by 3. Easements, liens or encumbrances, or claims thereof, which the records of any taxing authority that levies taxes or are not shown by the public records. assessments on real property or by the public records.Proceedings by a public agency which may result in taxes or 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey assessments, notices such proceedings, whether not would disclose, and which are not shown by the public records. shown by the records of such agency or by the public records, 2. Any facts, rights, interests, or claims which are not shown by 5. (a) Unpatented mining claims; (b) reservations or exceptions the public records but which could be ascertained by an in patents or in Acts authorizing the issuance thereof; (c) inspection of the land or which may be asserted by persons in water rights, claims or title to water, whether or not the possession thereof. matters excepted under(a), (b)or(c)are shown by the public records. Exhibit A Revised 11-17-04 EXHIBIT A (continued) ALTA EXPANDED COVERAGE RESIDENTIAL LOAN POLICY(10-13-01) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of (c) resulting In no loss or damage to the Insured Claimant; this policy and the Company will not pay loss or damage, cost, attorney's fees or expenses which arise by reason of: (d) attaching or created subsequent to Date Policy (this paragraph does not limit the coverage provided under 1. (a) Any law, ordinance or governmental regulation (including Covered Risks 8, 16, 18, 19, 20, 21, 22, 23, 24, 25 and but not limited to building and zoning laws, ordinances, 26); or or regulations) restricting, regulating, prohibiting or (e) resulting in loss or damage which would not have been relating to (i) the occupancy, use, or enjoyment of the sustained if the Insured Claimant had paid value for the Land; (ii) the character, dimensions or location of any Insured Mortgage. improvement now or hereafter erected on the Land; (iii) a separation in ownership or a change in the dimensions 4. Unenforceability of the lien of the Insured Mortgage because of or areas of the Land or any parcel of which the Land is or the inability or failure of the Insured at Date of Policy, or the was a part; or(iv) environmental protection,or the effect inability or failure of any subsequent owner of the of any violation of these laws, ordinances or indebtedness,to comply with applicable doing business laws of governmental regulations, except to the extent that s the state in which the Land is situated, notice of the enforcement thereof or a notice of a defect, S. Invalidity or unenforceability of the lien of the Insured lien or encumbrance resulting from a violation or alleged Mortgage, or claim thereof,which arises out of the transaction violation affecting the Land has been recorded in the evidenced by the Insured Mortgage and is based upon usury, Public Records at Date of Policy. This exclusion does not except as provided in Covered Risk 27,or any consumer credit limit the coverage provided under Covered Risks 12, 13, protection or truth in lending law. 14, and 16 of this policy. Any governmental police power not excluded by (a) above, except to the extent that a 6. Real property taxes or assessments of any governmental notice of the exercise thereof or a notice of a defect, lien authority which become a lien on the Land subsequent to Date or encumbrance resulting from a violation or alleged of Policy. This exclusion does not limit the coverage provided violation affecting the land has been recorded in the under Covered Risks 7, 8(e)and 26. public records at Date of Policy. 7. Any claim of invalidity, unenforceability or lack of priority of (b) Any governmental police power not excluded by (a) the lien of the Insured Mortgage as to advances or above, except to the extent that a notice of the exercise modifications made after the Insured has Knowledge that the thereof or a notice of a defect, lien or encumbrance vestee shown in Schedule A is no longer the owner of the resulting from a violation or alleged violation affecting the estate or interest covered by this policy. This exclusion does Land has been recorded in the Public Records at Date of not limit the coverage provided in Covered Risk 8. Policy. This exclusion does not limit the coverage 8. Lack of priority of the lien of the Insured Mortgage as to each provided under Covered Risks 12, 13, 14, and 16 of this and every advance made after Date of Policy, and all interest policy. charged thereon, over liens, encumbrances and other matters 2. Rights of eminent domain unless notice of the exercise thereof affecting the title, the existence of which are Known to the has been recorded in the Public Records at Date of Policy, but Insured at: not excluding from coverage any taking which has occurred (a) The time of the advance; or prior to Date of Policy which would be binding on the rights of a purchaser for value without Knowledge. (b) The time a modification is made to the terms of the Insured Mortgage which changes the rate of interest 3. Defects, liens, encumbrances, adverse claims or other of matters: created, suffered, assumed or agreed to by the charged, if the rate of Interest is greater a result insured claimant; the modification than it would have beenn before the modification. This exclusion does not limit the coverage (a) created, suffered, assumed or agreed to by the Insured provided in Covered Risk 8. Claimant; 9. The failure of the residential structure, or any portion thereof (b) not Known to the Company, not recorded in the Public to have been constructed before, on or after Date of Policy in Records at Date of Policy, but Known to the Insured accordance with applicable building codes. This exclusion does Claimant and not disclosed in writing to the Company by not apply to violations of building codes if notice of the the Insured Claimant prior to the date the Insured violation appears in the Public Records at Date of Policy. Claimant became an Insured under this policy; Exhibit A Revised 11-17-04 25950 Acero St Suite 320 Mission Viejo, CA 92691 (949) 454 4747 OF CALIFORNIA Issuing Agent for Ticor Title Insurance Company TRANSMITTAL TITLE OFFICER: Bobbie Wood PHONE: (949)454-4747 ORDER NO.: 547372-20 EMAIL: bwood@ticortitle.com DATE: September 15, 2006 1:13 PM FAX: (949)470-9268 SEAN STANFIELD Attn:SEAN STANFIELD Your Ref: PROPERTY ADDRESS: 406-408 15TH STREET, HUNTINGTON BEACH, CA BORROWER: Enclosed please find A PRELIMINARY REPORT. Thank you- we appreciate your business! Owner's Information Statement Order No. 547372-20 This Affidavit, when fully completed, is to be signed and notarized, then returned to Ticor Title Company to enable Ticor Title Company to insure the presently pending transaction. AFFIDAVIT The undersigned owner hereby states that there are no unrecorded leases or agreements affecting the property described in the Preliminary Report for Title Order Number 547372-20 and that there is no one in possession or entitled to possession of said property other than the vestee shown in said Preliminary Report, except: The undersigned owner states that to his/her knowledge, there are no liens or rights to liens upon said property for labor, services and materials for work contracted for, and completed by, an owner, lessee, sub-lessee or tenant within the last year or which is now in progress, except: This statement is made in connection with the request to Ticor Title Company to issue its policy(ies) of title insurance with respect to Title Order Number 547372-20. 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