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2018/05/14 Agreement Sherman Rd Full Release and TerminiationRECORDING REQUESTED BY, AND WHEN RECORDED MAIL TO: City of Menifee City Clerk's Office 29714 Haim Road Menifee, CA 92586 RECORDED AS A BENEFIT TO THE CITY OF MENIFEE. Note: This document is exempt from payment of recording fees pursuant to California Government Code Section 27383 11 : () :•()' •� 05/14/2018 03:04 PM Fee: $ 22.00 Page 1 of 5 Recorded in Official Records County of Riverside Peter Aldana Assessor -County Clerk -Recorder Space above this line for Recorder's use. FULL RELEASE AND TERMINATION OF LIEN AGREEMENT The City of Menifee, a political subdivision of the State of California ( "City") and Stark Menifee Land, LLC, a Wisconsin limited liability company ("Owner") entered into that certain Lien Agreement, dated March 13, 2013 and recorded as Document No. 2013-0182114 on April 17, 2013 in the official records of Riverside County ("Official Records"), as modified by that certain Partial Release and Termination of Lien Agreement dated August 6, 2014 and recorded as . Document No. 2014-0314404 on August 19, 2014 in the Official Records ("Partial Release"), and as amended by that certain First Amendment to Lien Agreement, dated April 15, 2015 and recorded as Document No. 2015-0171371 on April 28, 2015 in the Official Records (collectively, the "Lien Agreement"). All initially capitalized terms used but not defined herein shall have the meanings given such terms in the Lien Agreement. The City has confirmed that the Owner has satisfactorily completed all of the Improvement Work, or bonded for the completion of same. Pursuant to Section II(A) of the Lien Agreement, the City hereby releases the remainder of the Property from the Lien Agreement not previously released in the Partial Release (the "Remainder Property"), as set forth on Exhibit A attached hereto. The City and Owner also hereby agree that the Lien Agreement is terminated, has no further force or effect as to the Property and is null and void. This document may be signed in counterparts and shall be recorded in the official records of Riverside County. [Signature Page Follows] RM Dated: Appro as to form: C' A ` rney CITY OF MENIFEE, apolitical subdivision of the State of California, By: Name: wp i � 2. 1�J i►�i2r Title: a�Q� ACKNOWLEDGEMENT 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 ) n COUNTY OF _I�iVo—( ,tdQ� ) ss. On f�01'� ( �{, 201 before me, axxrA A. NAcLny,iar,, Notary Public, personally appeared �Q I l !2. Winter ,who proved to me on the basis of satisfactory evidence -to be the persons'f whose name is%aye subscribed to the within instrument and acknowledged to me that [Wls�e/tVey executed the same in e is her/t1i6r authorized capacity(i ), and that by %I}6r/th�ir signature on the instrument the person(4, 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. SARAH A. MAANWARING Notary Public - California Z aa Riverside County z zCommission # 2164953 D My Comm. Expires Sep 17, 2020 WITNESS my hand and official seal. (Seal) STARK MENIFEE LAND, LLC, a Wisconsin limited liability company By: Name: Michael A. Roth Title: Managing Member of Stark Offshore Management LLC, Manager ACKNOWLEDGEMENT 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 WISCONSIN ) ss. COUNTY OF MILWAUKEE ) On March 21, 2018 before me, Jenifer C. Bersch, Notary Public, personally appeared Michael A. Roth, who proved to me on the basis of satisfactory evidence -to be the person(s-}whose nameH is�a+e subscribed to the within instrument and acknowledged to me that hefs� executed the same in his„ e authorized capacity(ies), and that by hisAeF44e4 signature(&} on the instrument the personEs}, or the entity upon behalf of which the persort s}acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of Wisconsin that the foregoing paragraph is true and correct. WITNESS my hand and official seal. c Notary Public, State of Wisconsin My Commission expires May 29, 2020 "s �Cx C UEMCI OF Imscj�v��'��� (Seal) EXHIBIT A REMAINDER PROPERTY THOSE PORTIONS OF PARCELS 10, 11 AND 12 OF PARCEL MAP 9504, AS SHOWN BY MAP ON FILE IN BOOK 67 OF PARCEL MAPS AT PAGES 5 AND 6, RECORDS OF RIVERSIDE COUNTY, CALIFORNIA, LYING IN SECTION 3, TOWNSHIP 6 SOUTH, RANGE 3 WEST, SAN BERNARDINO MERIDIAN, DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF PARCEL 9, SAID CORNER BEING ON THE CENTERLINE OF SHERMAN ROAD (44.00 FEET IN HALF WIDTH), BOTH AS SHOWN ON SAID PARCEL MAP; THENCE SOUTH 000 13' 11" WEST ALONG THE WESTERLY LINE OF SAID PARCEL 9 AND ALONG THE WESTERLY LINE OF SAID PARCEL 10 AND ALONG SAID CENTERLINE OF SHERMAN ROAD, A DISTANCE OF 1185.74 FEET TO THE TRUE POINT OF BEGINNING; THENCE CONTINUING SOUTH 000 13' 11" WEST ALONG SAID WESTERLY LINE OF PARCEL 10 AND ALONG THE WESTERLY LINES OF SAID PARCELS 11 AND 12 AND ALONG SAID CENTERLINE, A DISTANCE OF 888.03 FEET; THENCE LEAVING SAID WESTERLY LINE OF PARCEL 12 AND SAID CENTERLINE NORTH 890 42' 18" EAST, A DISTANCE OF 1041.37 FEET TO A POINT ON THE WESTERLY LINE OF THAT CERTAIN PARCEL OF LAND CONVEYED TO RIVERSIDE COUNTY FLOOD CONTROL AND WATER CONSERVATION DISTRICT BY GRANT DEED RECORDED SEPTEMBER 29, 2011 AS DOCUMENT NO.2011-0432006, OFFICIAL RECORDS OF RIVERSIDE COUNTY, CALIFORNIA; THENCE NORTH 000 11' 02" EAST ALONG SAID WESTERLY LINE OF SAID PARCEL SO CONVEYED, A DISTANCE OF 234.44 FEET TO THE BEGINNING OF A TANGENT CURVE, CONCAVE EASTERLY, HAVING A RADIUS OF 1112.50 FEET; THENCE NORTHERLY ALONG SAID WESTERLY LINE AND ALONG SAID CURVE, TO THE RIGHT, THROUGH A CENTRAL ANGLE OF 1 ° 48' 43 ", AN ARC DISTANCE OF 35.18 FEET TO THE BEGINNING OF A REVERSE CURVE, CONCAVE WESTERLY, HAVING A RADIUS OF 887.50 FEET, THE RADIAL LINE TO SAID POINT BEARS NORTH 880 00' 15" WEST; THENCE NORTHERLY ALONG SAID WESTERLY LINE AND ALONG SAID CURVE, TO THE LEFT, THROUGH A CENTRAL ANGLE OF 10 48' 43 ", AN ARC DISTANCE OF 28.07 FEET; THENCE CONTINUING NORTH 000 11' 02" EAST ALONG SAID WESTERLY LINE, A DISTANCE OF 590.35 FEET TO A POINT THEREON; THENCE LEAVING SAID WESTERLY LINE SOUTH 89° 42' 18" WEST, A DISTANCE OF 1041.82 FEET TO THE TRUE POINT OF BEGINNING. SAID LAND IS SHOWN AS PARCEL B OF LOT LINE ADJUSTMENT NO.10-002, RECORDED AUGUST 2, 2012 AS INSTRUMENT NO. 2012-364246, OF OFFICIAL RECORDS. APN: 360-130-013, 360-130-014, 360-130-016