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Substitution of Trustree and Full Reconveyance 1998-0519870 • • • DI P1998-0519870 Recording Requested By and 7 6 AUG 17 . 1998 3 : 19 PM When Recorded Mail To: OFFICIAL RECORDS SAM DIEGO C[DITY RECORDER'S OFFICE Donald Hamman, Esq. GREGORY J. SMITH, COUNTY RECORDER Stradling Yocca Carlson & Rauth FEES: 20.00 660 Newport Center Drive, Suite 1600 IMY: Newport Beach, California 92660-6441 (Space above for recorder.) OM SUBSTITUTION OF TRUSTEE AND FULL RECONVEYANCE WHEREAS Poway Redevelopment Agency, a public body corporate and politic, as the trustor, Chicago Title Insurance Company, is the original trustee ("Original Trustee"), and Poway Land, Inc., is the beneficiary ("Beneficiary"), under that certain Deed of Trust With Assignment of Rents originally recorded as Document No. 1995- 0451286 on October 6, 1995 and re-recorded to Correct Scrivener's Error as Document No. 1995-0540063 on November 29, 1995, both in the Official Records of San Diego County, with respect to certain real property in the City of Poway, County of San Diego, State of California as further described in the Deed of Trust, and WHEREAS, the undersigned Beneficiary desires to substitute a new Trustee under said Deed of Trust in place and stead of the Original Trustee; NOW, THEREFORE, the undersigned hereby substitutes itself as Trustee under said Deed of Trust and does hereby reconvey, without warranty, to the person or persons legally entitled thereto, the estate now held by it thereunder. Dated: 9/3 , 1998 Poway Land, Inc. By: (./CCP!' 't Allan J. Kuebl r Its: Vice President and Chief Financial Officer Dated: p/, , 1998 Poway Land, Inc. f. By: C/degii r Allan J. Kuebl Its: Secretary C:\DMS\DBH\VJR10266166 WP 177 STATE OF CALIFORNIA ss. COUNTY OF SAN DIEGO On C tUfj- 4L 3 /f 9 , before me, 6-(/4-71/1¢ Tvc<'ti., ( , Notary Public, personally appeared 4(l ?'U' J. k of 13( 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. ESS my hand and official seal DIANARTNISI tx'-6t SaryDEco—Callmila CouP1Y �`° My Comm.ExcOs f�1�_1444 'e''^'"aN` OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT Individual X Corporate Officer Vice President, CFO, Secty. Substitution of Trustee And Full Reconveyance Titlels) Title Or Type Of Document Partner(s) Limited General 1 _ Attorney-In-Fact Number Of Pages Trustee(s) Guardian/Conservator Other: July 31, 1998 Date Of Document Signer is representing: Name Of Penonlal or Entlty(les( Poway Land, Inc. Signer(s)Other Than Named Above C.\DNISID131-11VJR102615158 WP