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2017/08/28 Grant Deed Stark Menifee - PM 36299-12017-0356613 RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City of Menifee 29714 Haun Road Menifee, CA 92586 Attn: City Clerk 08/28/2017 03:41 PM Fee: $ 0.00 Page 1 of 5 Recorded in Official Records County of Riverside Peter Aldana Assessor —County Clerk —Recorder {� �t R A Exam: 937 Page DA PCOR Misc Long RFD 1st Pg Adtl Pg Cert CC SIZE NCOR r SM yy CH�i T: 0� (Space above this line for Recorder's Use Only) No documentary transfer tax per Rev & Tax Code § 11922 Free Recording Requested per Govt Code §§27383 & 6103 GRANT DEED FOR VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, STARK MENIFEE LAND LLC, a Wisconsin limited liability company ("Grantor"), hereby GRANTS to the CITY OF MENIFEE, a California municipal corporation ("City") the real property located in the City of Menifee, County of Riverside, State of California ("Property") as more particularly described on Schedule 1 attached hereto. SUBJECT TO: Taxes and assessments not yet delinquent. 2. All other covenants, conditions, restrictions, reservations, rights, rights of way, easements, encumbrances, liens and title matters whether or not of record or visible from an inspection of the Property or of which City has actual notice, and all matters which an accurate survey of the Property would disclose. Pursuant to the power of tennination as set forth in Section 885.010 of the California Civil Code, Grantor, and its successors and assigns, shall have the right, at its election, to reenter and take possession of the Property, with all improvements thereon, and terminate and revest in Grantor the Property if Grantee or its successors and assigns shall: 1. Use the Property for any use other than civic facilities; or 2. Develop the Property with improvements containing more than sixty thousand (60,000) square feet of building area, unless the City of Menifee, at its sole cost and expense, amends the applicable specific plan to allow for additional square footage of building area in accordance with all legal requirements, including the California Environmental Quality Act, and Grantee shall be solely responsible for complying with any revised or new mitigation measures resulting from such specific plan amendment. The foregoing restriction of 60,000 square feet shall terminate on January 1, 2035. [SIGNATURES APPEAR ON FOLLOWING PAGES] 1148243.03/0C 370946-00002/8-10-17/min-/nvf IN WITNESS WHEREOF, the undersigned has caused this Grant Deed to be executed as of August 10, 2017. GRANTOR STARK MENIFEE LAND LLC a Wisconsin limited liability company By: Stark Offshore Management LLC, a Wisconsin limited liability company, its Manager By: l� Name: Michael A. Roth Title: Managing Member [CITY ACKNOWLEDGEMENT FOLLOWS] 1148243.03/OC 370946-00002/5-10-17/mlm/mrf -2- ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of Ealife� Wisconsin ) County of Milwaukee ) On August 10 , 2017, before me, Jenifer C. Bersch Michael A. Roth (insert name ofnotary) Notary Public, personally appeared , who proved to me on the basis of satisfactory evidence to be the personfs}whose name(s•} is/ftre subscribed to the within instrument and acknowledged to me that he,lshalthey executed the same in hiss authorized capacity(-ies-), and that by his/herAhei signaturefsj on the instrument the persons}, or the entity upon behalf of which the person(4 acted, executed the instrument. Wisconsin I certify under PENALTY OF PERJURY under the laws of the State of ei� that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature I (Seal) Notary Public, State of Wisconsin My Commission expires May 29, 2020 N\\\�RII�'reF,,�%,��- j .1AOTAgy ' �C�A'•• OUBLIG OF 1148243.03/OC 370946-00002/8-10-17/mim/mrf -3- CERTIFICATE OF ACCEPTANCE Pursuant to California Government Code Section 27281, this is to certify that the interest in real property conveyed by that certain Grant Deed dated August 10, 2017, from Stark Menifee Land LLC, a Wisconsin limited liability company, to the City of Menifee, a California municipal corporation, is hereby accepted by order of the City Council on August 2, 2017, by the Mayor of the City of Menifee as authorized by California Law. The City of Menifee consents to recordation thereof by its duly authorized officer. Dated: August /*, 2017 'g, City Clerk 6S ah M&anwarin� By: Nei R. Winter, Mayor ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California ) County of 9/&C,5/V6 ) On A ` , 2017, before me,c5G!/�,zA 4. /I/`aALciArin- 0 , (insert name of nota Notary Public, personally appeared N 6 ( 12. W i rn+2t who proved to me on the basis of satisfactory evidence to be the persono whose name(4&are subs ibed to the within instrument and acknowledged to me that tos e/d/y executed the same in W /t/thor authorized capacity(iyg), and that by i�' /h/r/their signature(} on the instrument the person(, or the entity upon behalf of which the person acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official /Fj!0 SARAH A. MANWARING 1148243.03/oc Notary Public - California 370946-00002/8-10-17/mlm/mrf -4- Z :'w Riverside County D z Commission # 2164953 My Comm. Expires Sep 17. 2020 SCHEDULEI LEGAL DESCRIPTION OF PROPERTY The land referred to herein below is situated in the City of Menifee, County of Riverside, State of California, and is described as follows: PARCEL 20 OF PARCEL MAP NO. 36299-1, IN THE CITY OF MENIFEE, COUNTY OF RIVERSIDE, STATE OF CALIFORNIA, AS PER MAP FILED IN BOOK 238, PAGES 88 THROUGH 93 OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. 1148243.03/OC 370946-00002/8-10-17/mlm/mrf -5-