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Easement and Right-of-Way 2007-0625817 r\ , r., _ RECORDING REQUESTED BY J,I . . '_: 'fiRST AMERICAN TITLE . :-. ~Natioyal:Commercial Services . :\" THE ORIGlr,AL OF THIS DOCUMENT ,'{;C WAS REC::JRDED ON SEP 25. 2007 UCC FINANCING STATEMENT DOCUMENT NUMBER 2007,0625817 ,FOllOW INSTRUCTIONS (fronl and back) CAREFULLY GREGORY J. ;;MITH, COUNTY RECORDER A. NAME.&fHONE OF CONTACT AT FILER [optiomil} SAN DIEGO COUNTY RECORDER'S OFFICE ,Joanne Tabor, (310) 715-6776 TIME 4,34 PM a. SEND ACKNOWLEDGMENT TO; (Name and Address) I" FIRST REGIONAt BANK I 970W 190th Street Torrance, CA 90502 L 0.1"'. ""lQ, 15 ..J THE ABOVE SPACE IS FOR FILING OFFICE USE ONLY I DEBTOR'S EXACT FULL LEGAL NAME Insert onl~ one debtol name (1 a or 1 b) do not abbr8l'Iate or combine names 1;;0. ORGANIZATION'S NAME - Ocean?a,rk HoteIS.PWY, LLC OR lb INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX 10::. MAILING ADDRESS C1TY STATE 17STAL CODE COUNTRY 27441 Tourney Road, Suite 220 Valencia CA 91355 USA ~ d, SEE (NSTRUCTIO~S ,ltD'lINFORE I'l!. TYPEOFORGANIZAT10N 1f. JURiSDICTION OF ORGANIZAT!ON 1;, ORGANIZATIONAL ID #, ifarlY ORGANIZAT10N I LLC I CA I 200527010025 nNONE DEBTOR 2 ADDITIONAL DEBTOR'S EXACT FULL LEGAL NAME' In5ert only one debtor name (2a or 2~) do not abbr&viatll or combine names 2a ORGANIZATION'S NAME OR 2b INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX 2c, MAILING ADDRESS CITY STATE -lPOSTAL CODE COUNTRY 2tl, SEE INSTRUCTIONS 1AOO'L INFO RE 12e. TYPE OF ORGANIZATION 21. JURISOICTION OF ORGANIZATION 2g. ORGANIZATIONAL 10 #, II any ORGANIZATION I I nNONE DEBTOR l J. SECURED PARTY'S"NAME lor NAME o/TOTAL ASSIGNEE of ASSIGNOR SIP) (nsen only one 5e(;ured partyrlame [3aor~b) 3a. QRGANIZA TION'S NAME FIRST REGIONAL BANK OR 3b, INDIVIDUAL'S lAST NAME FIRST NAME MIDDLE NAME SUFFIX ~. MAIliNG ADDRESS CITY STATE IPOSTAL CODE COUNTRY - 970 W, 190th Str~t, Suite 400 Torrance CA 90502 USA 4. Thl$ FINANCING STATEMENT c~rsthe following collateral: All Inventory, Chattel Paper,Accoun~,Equlp~e:nt,Generallntanglbles and Fixtures; whether anyaf the foregoing Is owned now or acqulredlater;,all 8cces.slons,.adcjltlons"r~placemerits.and substitutions relatln9,to,any.of,t~e forego,ing;.all records of any'klnd relating to any of the. foregoing; all proceecs relating to any of the foregoing (Including Insurance, general Intangibles and other accounts proceeds). 5 _ALTERN-A,;v'Ei:ieSIGNATION If'applicablep: LESSEElLESSOR CONSIGNEE/CONSIGNOR. BAI'LEEf8AILOR SELlERlBUYER AG.'LIEN NON-Uee FILING 6, Th,s FINANCING STATEM NT is to be Iliad (for record] (01 recorded)l~ tI1e AL 7 tIC to A " "'" All Oebtors ESTATE RECORDS, Attach'Addendum' If I licable ADDITIONAt: FE ollOnal Debtor 1 Deblor2 8: OPTlONAL FILER REFERENCE DATA Loan.NUmber: FILING OFFICE COPY _ ucc FINANCING STATEMENT (FORM UCC1) (REV, OS/22/02) Harland Financial SolutIons 400 S.w. 6th Avenue, Portland, Oregon 97204 \ , . . , UCC'FINANCING STATEMENT ADDENDUM FOLLOW INSTRUCTIONS (fronl and back\ CAREFULLY; 9.' NAME OF FIRST DEBTOR (11l1 or, 1 b) ON RELATED FINANCING STATEMENT 9a. ORGANIZATION'S NAME Ocean Park Hotels-PWY. LlC OR go/INDIVIDUAL'S lAST NAME -rRST NAME - rODLE NAME, SUFFI) 10. MISCELLANEOUS: - THE ABOVE SPACE IS FOR FlUNG OFFICE USE ONLY 11 ADDITIONAL DEBTOR'S EXACT FULL LEGAL NAME ,.II'l~rt Qnly one "lime (11a or 11 b) . do not abbreviate or combine nam" 113. ORGANIZATION'S NAME OR 11 b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX 11 c. MAILING ADDRESS CITY STATE IPOSTAL CODe COUNTRY l1d, SEE INSTRUCTIONS IrO'lINFO RE, 1'1e. TYPE OFORGANlZATlON 111. JURISDICTION OF ORGANtzATION 11g. ORGANIZATIONAL 10 Ii, if any ORGANIZATION I I I nNONE DEBTOR 12. '1 ADDITIONAL SECURED PARTY'S " I I ASSIGNOR SIP'S NAME ]Ilsert ol\lyontl name (121 01 12b) 12i1, ORGANiZATION'S NAME OR 12b. INDIVIDUAL'S LAST NAME FIRST NAME MIDDLE NAME SUFFIX 12c. MAILING ADDRESS CITY STATE I POSTAL CODE COUNTRY 13. Thi~ FINANCING STATEMENT COV81$_. o timber to be cl.ll or 0 as-ertractocl 16. Additionatcollateraldescriptlon: collill8ral,orisfllednil I8)fixturefilil'l9. 14.0esc;riptionofrealeslale: Attached Exhibit "AM - 15. Name and address 01 a RECORD OWNER 01 aboYe.des.c:ribod rNI estate (II Oebtoidotls not have a record intereslj: 170ieck~it.pplll;;i1blealldch.ck~onebo1t:. or n Oeccdcnfs Estate Debtor], .'nTrusl or nTrustee acting wrth respect to property held inlJus! 18.Check~ifapplicableandcheck~Ol'lebox Debtor i. D TRANSMnTlNG UTILfTY Filed In connectlon with a M.nulactur~-Home Tl'lInsaction etfec;till83O years Filed in CQnnectlonWlth a Publlc_Finanl;llTransa!;tlon effecUvalor30yeal'$ FILING OFFICE COPY _ UCC FINANCING STATEMENT ADDENDUM (FORM UCC1Ad) (REV 05n2102) Harland Financial SolutIons 400 S.W. 6th Avenue, Portland, Oregon 97204 .' . . . . , EXHIBIT 'A' PARCEL A: PAI~,CEL 20F,PARCEL MAP NO; 19954, IN THE CITY OF'POWAY, COUNTY OF SAN DIEGO, STA:rE'OFCAUFORNIA, ACCORDINGTO PARCEL MAP THEREOF FILED IN THE'OFFICE OF THE COUNTY RECORDER Of S.t\!'f[)IEGO COUNTY, MARCH 21,2006, AS INSTRUMENT NO. 2006-0192773 OF OFFICIAL RECORDS. EXCEPTING THEREFROM THAT PORTION OF SAID PARCEL 2,DESCRIBED AS FOLLOWS: BEGINNING AT SOUTHWES1',CORNEROF SAID PARCEi.2, :rHENCE'ALONG WESTERLY BOUNDARY OF SAID PAR,C~L< 2;;r{OR.TJ'i 01041'30" EA.Sf, ,199;79 FEET; THENCE NORTH 88018'30" WEST, 6.00 FEET;:rHJNCE.NORTH 01"41'30" EAST 72.09 FEET; THENCE NORTH 88024'04" WEST ~41,li;FE:ET; THENCE NORTH 010'35'56:' ~AST 38.92 FeET; THENCE SOUTH 88024'04"EAS'f62;83 FEET; THENCEINTOA'NONTANGENT CURVE OF RADIUS 6i.50FEETWITH ACENTERAT A BEARING SOUTH 2105'2"1'1" WEST, A '-' --.,."'" - ,... .,' " DISTANCE OF 12.87 FEET, WIT,H A DELTA OF 11"59'12"; THEN.CE SOUTH 01035'56" WEST 215.17 FEET; THENCE NORTH 88019'00" WEST 27.48 FEET TO POINT OF BEGINNING. TOGETHER WITH A PORTION OF PARCEL 1 OF SAID PARCEL MAP NO. 19954 DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHE~S1'c;ORNER OF SAID PARCEL 1, THENCE ALONG THE "-,-.'< ,', . - , EASTERLY BOUNDARY OF !:;A,ID;,PARCEL 1, SOUTH 01035'56" WEST 61.08 FEET; THENCE NORTH 88024'04" WEST FO~'F;OO FEET; THENCE SOUTH 01035'56" WEST 102.92 FEET; THENCE'NORTH 88024'04" WEST 45.09 FEET; THENCE TO NORTHERLY BOUNDARY OF SAID PARCEL 1, NORTH 01(3)'56":~AST 164.00 FEET; THENCE SOUTH 88024'04'; EAST 62.09 FEET TO POINT OF BEGINNING. SAID PROPERTY BEING DESCRIBED AS'''PARCEL B" INA CERTIFICATE OF COMPUANCE RECORDED DECEMBER 26, 2006 AS INSTRUMENT NO. 2006-0913338 OF OFFICIAL RECORDS, PARCEL B: AN EAsEMENT AND RIGHT OF WAY.FOR ACCESS, IN~.R.ESS .t\ND EGRESS AND UTIurv PURPOSES OVER, UNDER ALONG ANDA.CROSSTHAT PqRTION OF PARCEL 1 OF SAID PARCEL MAP NO. 19954,DEUNEATED I!.NDDE!iIG~AT~D,A!i "EASEMENT FOR ACCESS, GENERALUTIUTY AND DRAINAGE PURPOSES FOR PARCEL 2 RESERVED HEREON". NCS-228675-S0 1 of 1 . . - EXHIBIT 'A' PARCEL A: PARCEL.2 OF PARCEL MAP 'NO_.19!?54, IN THE Crrv..oFPOWAY, COUNTY OF SAN DIEGO, STATEO.F CAUFORNIA, ACCORDING TO PARCEL MAP THEREOF FILED IN THE OFFICE OF THE COUNTY RECORDERD.F~AI\I DIEGO COUNTY, MARCH 21, 2006, AS INSTRUMENT NO. 2006"0192773 OF OFFICIAL'RECORDS. EXCEPTING THEREFROM THAT PORTION OF SAID PARCEL 2 DESCRIBED AS FOllOWS: BEGINNING AT SOUTHWE~ CORNER OF SAID PARCEL 2, THENC~ ALONG WESTERLY BOUNDARY OF SAID'PA~CEL 2, NORTH 01041'30"EAST, 109.79 FEET; THENCE NORTH 88018'30" WEST, ,6.0.0 FEET; THENCE NORTH 01041'30" EAST72.09 FEE:r; THENCE NORTH 88024'04" WEST 41!16.FEET; THENCE NORTH 01035'56!' EA!iT 38.92 FEET; THENCE SOUTH 88024'04" EAST,,62;83 FEET; TH.ENCE INTOAN.O.NTANGENT CURVE OF RADI,US61.50,FE~ WJTH,A.CENTER AT'ABEARINGSOUTH ~1.oS2'41 "WEST, A DISTANCE OF 12.87 FEET,WlTH A DELTA OF UD59'12";THENCESOUTH 01035'56" WEST 215.17 FEET; THENCE NORTH 88019'00" WEST 27.48 FEET TO POINT OF BEGINNING. TOGETHER WITH A PORTION OF PARCEL 1 OF SAID PARCEL MAP NO. 19954 DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHEAST CORNER OF SAID PARCEL 1, THENCE ALONG THE EASTERLY BOUNDARY OFSAID,PARCEL 1, SOUTH 01035'56~' WEST 61.08 FEET; THENCE NORTH 88024'04" WEST'FOR 17;00 FEET; THENCE SOUTH,oio35'56" WEST 102.92 FEET; THENCE NORTH 880'24'04" WEST~5:09 FEET;THENCETQ. NORTHERLY BOUNDARY OF SAID PARCEL 1, I\IORTH 01035'5.1i" EAST 164.00 FEET; THENCE SOUTH 88024'04" EAST 62.09 FEET TO POINT OF BEGINNING. SAID PROPERTY BEING DESCRIBED AS "PARCELB" IN A.CERTIFICATE OF COMPUANCE RECORDED DECEMBER 26, iooii-.ilS'INSTRUMENT NO. 2006-0913338 OF OFFICIAL RECORDS. PARCEL B: AN EASEMENT AND RIGHT OF WAY FOR ACCESS"INGRESSAND EGRESS AND UTIurv PURp,OSESOVER, UNI)!'R, ALONG AND ACROSS THAT PORTION qFPARCEL1 OF. SAID PARCEL MAP NO. 199~4 DEUNEATEDAND DESIGNATED AS "EASEMENT FOR ACCESS, GENERAL UTIUTY AND DRAINAGE PURPOSES FOR PARCEL 2'RESERVED HEREON"; PARCEL C: A PERPETUAL NON-EXCLUSIVE EASEMENT FOR iNGRESS'AND EGRESS OF MOTOR VEHICLES AND PEDESTRIANS, TO PERMIT THE FREE FLOW OF VEHICULAR AND PEDESTRIANINGRESS,,AI',U>'EGRESS TO, FROM; OVER AND ACROSS.THOSEPORTIONS OF THE REAL PROPERTY'[)EFINED IN SECTION 1(21) AS THE RESTAURANT PARCEL NCS.228675.SD lof2 , . . . First,Alnerican Title Insurance Company National Commercial FileNo,: NCS-228675-SD (LG) 'Services Date: September 25, 2007 EA~EMENT AREA (SAII?,EAsEMENT BEIN~F(}RTHE USE'AND ENJOYMENT, COMFORT ANDCONVENIENCE:OF ALL TENANTS, CUST(}~ERS,.EMPLOYEES; SUPPLlERS, INVlTEES, LlCEI'!~EES), TOGETHER WITH A NON-EXC.LUSlVE EASEMENT FOR PARKING SPACES, ALl AS CONVEYED, SET FORTH AND DESCRIBED IN THAT CERTAIN RECIP~OCAl EASEMENT AGREEMENT DATED AUGUST 10, 2007,. BY AND BETWEEN THE POWAY REDEVELOPMENT AGENCY, APUBLlCBODY, CORPORATEAN.D POUTlC AND OCEAN PARK HOTELS-PWY, LLC, A CALlFORNIAUMITED LlABIlIT!' COMPANY, RECORDED 2007 AS'DOCUMENT NO. 2007- OF OFFICIAl. RECORDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAN D EGO COUNTY, CALlFORNIA. NCS.228675.SD 2of2