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HomeMy WebLinkAbout1991-06-18; Municipal Water District; 112; Grant Deed & Sudordination AgreementCARLSBAD IV-‘-“ICIPAL WATER DISTRICT - --iENDA BILL ?:i +’ c , *_.- c&44 3 'AB#= TITLE: ACCEPTANCE OF GRANT DEED AND ‘MT&h-/6 -4 ~ DEPTH SUBORDINATION AGREEMENT FOR WATER LINE PURPOSES FOR LOT 6, PARCEL MAP 11589 . COSMOS COURT, CMWD PROJECT NO. 90-C-350 RECOMMENDED ACTION: Adopt Resolution No. 740 accepting a Grant Deed and Subordination Agreement for water line purposes. ITEM EXPLANATION Axiom Airport Partners, L.P., developers of the subject project, have granted an easement as directed in the attached documents. The easements are granted to the District for maintenance and operation of the water service to the project. American Interstate Bank, beneficiary of the subject project, has granted a subordination agreement to agree that foreclosure or other enforcement of rights under said deed of trust shall not affect said easement for Lot 6, Parcel Map 11589, Cosmos Court, CMWD Project No. 90-C-350. The subject project is located on the south side of Cosmos Court south of Palomar Airport Road and east of Yarrow Drive. Engineering Staff has reviewed the Grant Deed and Subordination Agreement and find both satisfactory for their intended purposes. I FISCAL IMPACT Requiring dedications and subordination agreements as a condition of water system improvements will save the District expenses in future easement acquisitions. EXHIBITS 1. Location Map. 2. A Grant Deed from Axiom Airport Partners, L.P., dated April 19, 1991, and a Subordination Agreement from the American Interstate Bank dated May 9, 1991. 3. Resolution No. 740 accepting a Grant Deed and a Subordination Agreement for water line purposes. CMWD 90-C-350 EXHB/T ‘% ” PUT To Aciu!FA/vY LEGAL LOC.4T/on/ MW A47 SCALE m NOT TV SCALE ROJECT NAME : PROJECT TITLE EXHIBIT C CaT 6, FA~~ccL Xb? 6 F!Mvia /v&P da* /M-87 e/v iv b 7Fz7m~ ?Ap //J-S? bS47dS P!b~J@7- &S/n&S &9uk3’- x/o* %-r-a= 1293 II II 1 PLEASE RECORD THIS DOCUMENT AT NO FEE AS IT IS TO THE BENEFIT 2 II OF THIS DISTRICT (GOV. CODE [6103]). j 1 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 RECORDING REQUESTED AND WHEN RECORDED, PLEASE MAIL TO Carlsbad Municipal Water District i 5950 El Camino Real 1 Carlsbad, California 920 b 8 AGREEMENT ' HIS SUBORDI EMENT RESUL 19!& by P hereinafte hereinafte of the deed of trust WiTIkkS-ETH .ted :nerhsip, land and nd holder THAT WHEREAS, Axiom Airport Partners, L.P., (Trustor) did-execute a deed of 1 23 trust, dated November 6, , 19 90 to American Interstate 24 (Date) (Trustee) Bank astrustee, covering 25 26 27 28 Lot 6, Parcel Map 11589, Cosmos Court, CMWQ Project No. 90-C-350 : .I (Brief'-Legal Description) ,. I (See Exhibit 'A' & 'B' for Detailed Description) 1 3/26/91 REV. \ ’ 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ’ : . - 1330 to secure a note in the sum of One Hundred Seventy-Five Thousand (Lien Amount) Dollars ($ 175,ooo.oo ) dated November 6 (Date) ’ 19 90, in favor of American Interstate Bank recorded (Beneficiary) in the office of the County Recorder of San Dieqo County (County) on November 9, 1990 , as FileNo. go-608691 of Official (Date Recorded Records of said c ut to execute, as grantor, a grant favor of bad Munic TS more par EASEMENT/EASEMENTS pr EASEMENT/EASEMENTS is a lien or ch that benefici the lien or cha or charge of the E Grantee: and and provided favor of Easement WHEREAS, it is to the mutual benefit of the parties hereto that Easement Grantee accept said EASEMENT/EASEMENTS and Beneficiary is willing that the grant of EASEMENT/EASEMENTS shall, when recorded, constitute a charge upon said land which is unconditionally prior and superior to the lien or charge of the deed of trust above mentioned. NOW, THEREFORE, in consideration of the mutual benefits accruing to the parties hereto and other valuable consideration, 2 3/26/91 REV. - . (I . . 1 the receipt and sufficiency of which consideration is hereby 2 acknowledged, and in order to induce Easement Grantee to accept 3 said EASEMENT/EASEMENTS above referred to, it is hereby declared, 4 5 6 7 6 9 10 11 12 13 14 15 16 17 16 19 20 21 22 23 24 25 26 27 26 1331 understood and agreed as follows: 1. That said EASEMENT/EASEMENTS in favor of Easement Grantee shall unconditio all times a charge on the property erior to the lien or charge of th bordination n of the 1 the deed of trust abo e EASEMENT/EASEMENTS in favor of E deed of tru described, any ation including, lien or charge thereof to another interest in the real property therein described. BENEFICIARY declares, agrees and acknowledges that: 1. He consents to and approves the grant of EASEMENT/EASEMENTS in favor of the Easement Grantee. 2. He intentionally and unconditionally waives, relinquishes and subordinates the lien or charge of the deed of trust above mentioned to the EASEMENT/EASEMENTS in favor of 3 3/26/91 REV. a . . i . . . 1 2 3 4 5 6 7 6 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 - 1332 Easement Grantee above referred to and understands that in reliance upon, and in consideration of, this waiver, relinquishment and subordination of the grant of EASEMENT/EASEMENTS is being executed and delivered, the EASEMENT/EASEMENTS IS/ARE being created, and that specific monetary and other obligations are being and will be entered into by the Eas lenders and title insurance " entered into but for said inguishment and /// /// /// //I /// /// /// /// /// /// /// /// /// /// /// /// /// /// /// subordinat 3/26/91 REV. . . I .I ? 1 2 i 3 8 4 5 . 6 L 7 8 1) 9 10 * > 11 L 12 13 14 15 16 17 18 19 20 21 22 23 24 25 . 26 27 l . 28 . : - I 1333 5 3. An endorsement has been placed upon the note secured by the deed of trust above mentioned that said deed of trust has by this instrument been subordinated to the charge of the EASEMENT/EASEMENTS in favor of Easement Grantee above referred to Executed by this g day of 193- BENEFICIARY: AMERICAN IN By: PARTNERS, L.P., a mited partnership W By: 1 A! ent Company, By:- %ia?%rnoration David Brown, President (title of signatory) NOTE THAT THE PRESIDENT OR VICE-PRESIDENT AND THE SECRETARY OR ASSISTANT SECRETARY MUST SIGN A CORPORATE EXECUTION OF THIS DOCUMENT. ALTERNATELY A TRUE COPY OF THE RESOLUTION OF THE BOARD OF DIRECTORS THAT IS SIGNED BY THE SECRETARY OR ASSISTANT SECRETARY OF THE CORPORATION, UNDER CORPORATE SEAL SPECIFICALLY EMPOWERING THE INDIVIDUAL SIGNING IN BEHALF OF THE CORPORATION WILL SHOW SUFFICIENT AUTHORITY OF SAID INDIVIDUAL TO ACT IN THIS MATTER. /// /// 3/26/91 REV. -@-weeem- /3sa 4-w7qA.4-*wm4-we 4-~4?s&--~e-~~~~ Corporation Acknowledgemen. . State of CALIFORNIA . . I 1 On this 9th , in the year 1991, day of J!lay . Orange ss. County of before me, the undersigned, a Notary Public in and for said County and State, t . personally appeared David M. Brown OFFICIAL SEAL CEI personally known to me to be the person(s) who executed the within instrument as President and --- Secretary or on behalf of the corporation therein named and acknowledged to me that the corporation executed it. Signature )f Document THIS CERTIFICATE Title or Type ( MUST BE ATTACHED ’ TO THE DOCUMENT Number of Pannc Y=p I n-+- d n.-.~l,man+ YsIL.2 “I Y”L.“IIITII, 6-y ye p/ . . ATTENTION NOTARY: Although the information requested below is OPTIONA DESCRIBED AT RIGHT: Signer(s) Other Than Named Above . Corporation Acknowledgement State of CALIFORNIA County of Oranqe On this 9th day of May , in the year 1 991 , before me, the undersigned, a Notary Public in and for said County and State, personally appeared L . Taylor Gerry and lk i3L personally known to me to be the person(s) who executed the within instrument as - President and Vi c!pk President W-or on behalf of the corporation therein named and acknowledged to me that the corporation executed it. Signature 1 ATTENTION NOTARY: Although the information requested below is OPTIONAL, it cou THIS CERTIFICATE Title or Type of Document l MUST BE ATTACHED : TO THE DOCUMENT Number of Pages DESCRIBED AT RIGHT: Signer(s) Other Than Named Above TT-1102 (Rev. 3/90) 1334 STATE OF CALIFORNIA ORANGE Ias. COUNTY OF I Q) 4 On MAY 8, 1991 I- , before me, the undersigned, a Notary Public in and for c z! said State, personally appeared m S l m=By aD j-J4 ***********+**h*** and .- ; mrpHpJ7J s. cJf()~ ***************** E , personally known to me (or proved to me on the =zp Eg basis of satisfactory evidence) to be the persons who executed the within instrument as PRESIDENT, iiE VICE President andSRoVICE pREso -on behalf of ******t****** -0 50 ‘-Q the corporation therein named, and acknowledged to me that suchcorporationexecutedthewithininstrumentpursuanttoits by-laws or a resolution of its board of directors. WITfiESEjmy hand and official seal. ANN WAGNER NOTARY PUBLIC - CALIFORNIA (This area for official notarial seal) . t 1 2 3 4 5 6 7 6 9 , 10 11 I 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 - IT IS RECOMMENDED THAT, PRIOR TO THE EXECUTION OF THIS SUBORDINATION AGREEMENT, THE PARTIES CONSULT WITH THEIR ATTORNEYS WITH RESPECT THERETO. 'd-a. , Vincent F. Biondo, Jr., General Counsel must be attached. CMWD 90-C-350 of OWNER and BENEFICIARY 6 3/26/91 REV. 1~ ‘-.’ ,f 5’ . _ I ,‘.. . .I* * * w .’ - . 1336 * > JANUARY 30, 1991 1293 EXHIBIT "A" SHEET 1 OF 1 SHEETS WATER EASEMENT A PORTION OF LOT 6 OF PARCEL MAP 11589, IN THE CITY OF CARLSBAD, RECORDED AUGUST 14, 1981 IN THE OFFICE OF THE COUNTY RECORDER, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, MORE PARTICU- LARLY DESCRIBED AS FOLLOWS; BEING A STRIP OF LAND 10.00 FEET IN WIDTH LYING 5.00 FEET ON EACH SIDE OF AND PARALLEL WITH THE FOLLOWING DESCRIBED CENTER- LINE; COMMENCING AT THE NORTHWESTERLY CORNER OF SAID LOT 6; THENCE ALONG THE NORTHERLY LINE THEREOF SOUTH 89O24'16' EAST, 33.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE LEAVING SAID NORTHERLY LINE ALONG SAID CENTERLINE SOUTH 00'35'44' WEST, 198.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT 'A"; THENCE CONTINUING SOUTH OOO35'44" WEST, 113.00 FEET; THENCE SOUTH 89O24'16" EAST, 20.00 FEET TO THE POINT OF TERMINUS TOGETHER WITH A STRIP OF LAND 25.00 FEET IN WIDTH LYING 12.50 FEET ON EACH SIDE OF AND PARALLEL WITH THE FOLLOWING DESCRIBED CENTERLINE; BEGINNING AT SAID POINT "A"; THENCE SOUTH 89O24'16" EAST, 43.00 FEET TO THE POINT OF TERMINUS. THE SIDELINES OF SAID STRIPS OF LAND ARE TO BE LENGTHENED AND/OR SHORTENED AT ALL ANGLE POINTS AND TO BEGIN ON THE NORTHER- LY LINE OF SAID LOT 6. C.M.W.D. go-c.350 . . ’ . . ,. -_ - a .-. . c Exw6m “s @ FZAT 7iu f$5r0M~!Y 1337 LEGAL D.SC~/PTUV’V -49 -5’ ’ ( I t . . dwlA9’ UF COMMENCEMENT hi5wwzdE~~ErnY CiMh? CA&VC! 90-c350 3ROJECT NAME: PROJECT TITLE LO- 6, CasMoS EXHIBIT B ?OURT 90 - c. 350 093 ROJECT NAME : PROJECT TITLE EXHIBIT C !ep- 4 ??%wcd% br 6 7?%g’PEL ?Ap /‘/CR$? M&P Ah* /Mr&7 e/w w b 3??w45?7 7sfms c%tig7- &9SrnbS aURT /t/b* %- r-359 . . /293 . 1 PLEASE RECORD THIS DOCUMENT AT NO FEE AS IT IS TO THE BENEFIT 2 OF THIS DISTRICT (GOV. CODE [6103]) ) 1 RECORDING REQUESTED BY AND WHEN RECORDED, PLEASE MAIL TO: Carlsbad Municipal Water District 1 Engineering Department 1 5950 El Camino Real Carlsbad, California 92008 Space above this line for Recorder's use. 8 Assessor's Parcel No. 213-050-45 9 Project Name & No. Lot 6 Cosmos Court Parcel Map 11589, CMWD Project No. 90-C-350 10 11 12 13 DOCUMENTARY TRANSFER TAX: None CARLSBAD MUNICIPAL WATER DISTRICT 14 15 Board of Directors 3!iAsw 16 II AXIOM AIRPORT PA&T B California Limited Partnership 17 18 does hereby grant-to CARLSBAD wazu"zC~P%& WATER DISTRICT, a Public 19 Agency organized in the State of California, its successors and 20 assigns, an easement. 21 Purpose: The easement granted herein shall be granted 22 for the following purposes: the construction, operation, repair, 23 reconstruction and all activities necessary to construct, 24 reconstruct, operate, maintain and repair facilities designed for 25 the general purpose of collecting, storing, transporting, pumping 26 and treating all water, including surface water, stream water, 27 flood water and ground water flowing into said facilities, and all 28 natural and artificial drainage ditches and structures of any kind, 1 3/14/91 REV. 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 whether above or below the surface of the ground. Said facility may include pipelines, pumping facilities, structures designed to control the flow of water and all facilities and structures associated with said use which are designed to facilitate the use and protect the facility from natural and other forms of damage including, but limited to, erosion control facilities, fences, gates, doors, locking devices, alarms, lights, and all other proS;ective facilities and devices. The use shall also include a means of access to and from said facility for the purpose of constructing, operating, repairingi maintaining, inspecting and reconstructing said facility. The uses described herein shall be exclusive to the Grantee. Gr&ntor herein agrees that no buildings and/or structures will be erected, walls constructed, fences built nor trees planted, nor may the easement be used by the Grantor or any other person or entity, including other utilities, whether public or private, for uses whether compatible or incompatible with the uses described herein without the express written approval of the Grantee. /I/ I// /// /// /// /I/ /// /I/ /I/ /// 2 3/14/91 REV. Late of calif ada :ounty Of m ~fqm8s my band and ofiicial ‘yh--e---- ----+------ Corporation Acknowledgement -**usw-~ -~rQxQxgl~rcnc State of County of CALIFORNIA ss On this daYofw, in theyear/52I/, before mel the undersigned, a Notary Public in and for said County and State, Personally appeared -+4 ~rsonally known to me to be the Person(s) who executed the within instrument as and -&kkk Secretary or on behalf of the corporation acknowledged to me that the corporation executed it. < therein - President named and Signature , State of Califarnia County of Oranqe On 6/4/91 before me, Raauel T, name and title of officer), per8 (here inclert , personally known to me (me @ to be the personw whose name@-) ia/wsubscribed to the within instrument and acknowledged to me that he/sMj#+ executed the same ,in his/km+M?ek authorized capacity(ies), and that by his/w signaturem on the insltrument the person@+, or the entity upon behalf of which the peraanw acted, cxeoutsd the Inetrument, WITNESS my hand and official seal. Signature k)r Coma Em fib. 20.1993 . . 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 LOCATION OF THE EASEMENT: The easement granted herein shall be located within and upon the properties more particularly described in Exhibit "At' and Exhibit lrBtr attached hereto and by this reference made a part hereof. Exeouted by the GRANTOR this day of . c /.' I' I /' GRANTOR: AXIOM AIRPORT PARTNERS, L.P., a California limited partnership By: AXIOM PARTNERS, INC., a California corporation dba Axiom Development Company, (tit16 of signatory). :?,/a ‘ * . /, ,I E&: '/' /v ,,',. '(sign here) Christina Pisarik, Vice Pres. (title of signatory) BY: DDC INTEREST, INC., a California corporation General @rtner (title of signatory) APPROVED AS TO FORM: VICENT F. BIONDO, JR. GENERAL COUNSEL (Notarial acknowledgment of execution by GRANTORmustbe attached.) CMWD 90-C-350 3 3/14/91 REV. CERTIFICATE OF ACCEPTABILITY This is to certify that the interest in real property conveyed by the Deed dated &Y 9 , 1991, from AXIOM AIRPORT PARTNERS, L.P., a California Limited Partnership, as grantor, to CARLSBAD MUNICIPAL WATER DISTRICT, a Municipal Water District Act of 1911, as amended, is hereby accepted by order of the Board of Directors of the Carlsbad Municipal Water District on June 18 ‘I 1991, and the Grantee consents to recordation thereof by its duly authorized officer. DATED June 19 , 1991 CARLSBAD MUNICIPAL WATER DISTRICT By: * /LbYAL ALETBA L. RADTENKRANZ, s Carlsbad Municipal Water CMWD 90-C-350 JANUARY 30, 1991 1293' EXHIBIT "A" SHEET 1 OF 1 SHEETS WATER EASEMENT LOT 6 OF PARCEL MAP 11589, IN THE CITY OF AUGUST 14, 1981 IN THE OFFICE OF THE COUNTY SAN DIEGO, STATE OF CALIFORNIA, MORE PARTICU- A PORTION OF CARLSBAD, RECORDED RECORDER, COUNTY OF 1 LARLY DESCRIBED AS FOLLOWS: BEING A STRIP OF LAND 10.00 FEET IN WIDTH LYING 5.00 FEET ON EACH SIDE OF AND PARALLEL WITH THE FOLLOWING DESCRIBED CENTER- LINE; COMMENCING AT THE NORTHWESTERLY CORNER OF SAID LOT 6; THENCE ALONG THE NORTHERLY LINE THEREOF SOUTH 89O24'16" EAST, 33.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE LEAVING SAID NORTHERLY LINE ALONG SAID CENTERLINE SOUTH 00'35'44' WEST, 198.00 FEET TO A POINT HEREINAFTER REFERRED TO AS POINT 'A'; THENCE CONTINUING SOUTH OOO35'44" WEST, 113.00 FEET: THENCE SOUTH 89'24'16" EAST, 20.00 FEET TO THE POINT OF TERMINUS TOGETHER WITH 'A STRIP OF LAND 25.00 FEET IN WIDTH LYING 12.50 FEET ON EACH SIDE OF AND PARALLEL WITH THE FOLLOWING DESCRIBED CENTERLINE; BEGINNING AT SAID POINT "A"; THENCE SOUTH 89O24'16" EAST, 43.00 FEET TO THE POINT OF TERMINUS. THE SIDELINES OF SAID STRIPS OF LAND ARE TO BE LENGTHENED AND/OR SHORTENED AT ALL ANGLE POINTS AND TO BEGIN ON THE NORTHER- LY LINE OF SAID LOT 6. C.M.W.D. go-c.350 EXIy/B/T “s m PUT TO &WWF?WVY LEGAL DFcrRIPT/O/V P-= $- 31-I-~~;30° \ c = 24?94’ /wRrnFPL Y L/NE k ‘OF LOiT 6 T.RUi P%ViW G’F BEG/MN/NG \ \ PO/NT UF CQ?UENCEMCN. NU~~HWE5~ErnY CHM. CMnm 90-c350 PROJECT NAME: PROJECT TITLE IN- 6, CasMoS EXHBIT 6 ?OURT 90 - c. 350 I I 1293 PUT 70 KCUMPAAW m NOT TD SCALE . a ‘ROJECT NAME : PROJECT TITLE EXHIBIT C Cer &,7?AwCeL Xb? 6 -z%v?PEb fAp //ZrR? /wP Ah. //sB9 CM w b -?Fliw~fl &S/n&S @u/e?- /c/o* %-r-3- 1293 f . 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 740 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CARLSBAD MUNICIPAL WATER DISTRICT, ACCEPTING A WATER LINE EASEMENT AND A SUBORDINATION AGREEMENT FOR LOT 6, PARCEL MAP 11589, COSMOS COURT, CMWD PROJECT NO. 90-C-350 WHEREAS, AXIOM AIRPORT PARTNERS, L.P., a California Limited Partnership, have submitted a Water Line Easement conveying an easement to the Carlsbad Municipal Water District for waterline purposes over a portion of Lot 6, Parcel Map 11589, Cosmos Court, CMWD Project No. 90-C-350; and a Subordination Agreement from the American Interstate Bank, which provides that foreclosure or other enforcement of rights under said deed of trust shall not affect said easement attached thereto and shall be made a part thereof; WHEREAS, the Board of Directors of the Carlsbad Municipal Water District has determined it to be in the public interest to accept said Deed and Subordination Agreements: NOW, THEREFORE, BE IT RESOLVED, by the Board of Directors of the Carlsbad Municipal Water District as follows: 1. That the above recitations are true and correct. 2. That the Grant Deed from Axiom Airport Partners, L.P., dated April 19, 1991, conveying an easement for waterline purposes and a Subordination Agreement dated May 9, 1991, from the American Interstate Bank to agree that foreclosure or other enforcement of rights under said deed of trust shall not affect said easement over a portion of Lot 6, Parcel Map 11589, Cosmos Court, CMWD Project No. 90-c-350, which is on file with the Carlsbad Municipal Water District and is incorporated herein by reference, is accepted. 3. That the Secretary of the Board is authorized to cause the original Deed and Subordination Agreement to be recorded 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 in the office of the County Recorder of San Diego County, State of California, with the appropriate Certificate of Acceptability attached. PASSED, APPROVED AND ADOPTED at special meeting of the Carlsbad Municipal Water District held on the 18th day of June I 1991 by the following vote, to wit: AYES: Board Members Lewis, Kulchin, Larson, Nygaard, and Stanton NOES: None ABSENT: None ATTEST: I . ALETHA L. RAUTENKRANZ, Secr&ary (SEAL) CMWD 90-C-350 2