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Memorandum of Ground Lease 2010-0500087RECORDED AT THE REQUEST OF CHICAGO TITLE CO_ MPANY SUBDIVISION DEPT. RECORDING REQUESTED 9Y.... AND WHEN RECORDED MAIL TO:-, ' .. D O c ## 201 0 - 0500007 II II I I III II I IIII II I I II II II III I II II SEP 21, 2010 8:00 AM OFFICIAL RECORDS SAN DIEGO COUNTY RECORDER'S OFFICE DAVID L. BUTLER, COUNTY RECORDER FEES 5000 OC AFNF TAX: N. D. PAGES: 6 \, Poway Redevelopment Agency I IIIIII IIIII IIIII VIII IIIII IIIII VIII VIII VIII VIII VIII IIIII IIIII IIIII IIII IIII IIII e6 13325 Civic Center Drive Poway, CA 92064 Attn: Executive Director 12004 No fee for recording pursuant to Government Code Section 27M3 53ouI�tS� (SPACE ABOVE THIS LINE FOR RECORDER'S USE) Or,: 314- aye'"POMEMORANDUN] OF GROUND LEASE THIS MEMORANDUM OF GROUND LEASE (the "Memorandum ") is made as of September 1, 2010, by and between the Poway Redevelopment Agency, a public body corporate and politic ( "Lessor ") and Brighton Place, L.P., a California limited partnership ( "Lessee ") with respect to that certain Ground Lease dated September I, 2010 (the "Lease "), between Lessor and Lessee. Pursuant to the Lease, Lessor hereby leases to Lessee and Lessee leases from Lessor that certain real'property, more particularly described in Exhibit A, attached hereto and incorporated herein, (the "Property ") for the term of the Lease. The Lease commenced on the date of the recordation of this Memorandum and shall continue from such date until the expiration of fifty- seven (57) years thereafter, or such sooner termination pursuant to the terms of the Lease. This Memorandum shall incorporate herein all of the terms and provisions of the Lease as though fully set forth herein. This Menwrandum may be executed in multiple originals, cash or which 1s deemed to be an_ original, and may be signed in counterparts. This Memorandum is solely for recording purposes and shall not be construed to alter, modify, amend or supplement the Lease of which this is a memorandum. 1552 \05\642704 2 `I 1200,5 IN. WITNESS WHEREOF, the.parties have caused this Memorandum to be duly executed as of the date first above written. LESSOR: POWAY, REDEVELOPMENT AGENCY, a public body corporate and politic By: Its: iisiA vtf �ceCufi ✓e 17t reC LESSEE: BRIGHTON PLACE, L.P., a California limited partnership By: Brighton Avenue Interfaith Housing Corporation, a California nonprofit corporation C Its: [SIGNATURES MUST BE NOTARIZED] 1552'as642704 z A 12006 IN WITNESS WHEREOF, the parties have caused this Memorandum to be duly executed as;of the date first above written. LESSOR: I i POWAY REDEVELOPMENT AGENCY. a public body corporate and politic By: Its: LESSEE: BRIGHTON PLACE, L.P., a California limited partnership By: Brighton Avenue Interfaith Housing Corporation, a California nonprofit corporation [SIGNATURES MUST BE NOTARIZED] 1532`W642704 2 STATE OF CALIFORNIA COUNTY OF SAN DIEGO 12007 / 0 , before me, 1' %1-Yl l- /.l f%�i�/� Notary Public, personally appeared 7JIVX 44, proved to me on the basis of satisfactory evidence to be the person(O whose nameN,is /ay- subscribed to the within instrument and acknowledged to me that jie/she /th`6y executed the same in'Ifis /her /thi.4r authorized capacity(ib4)1 and that by his /her /tI3�'ir signaturei)i),on the instrument the person(s�' or the entity upon behalf of which the person6 acted, executed the instrument. certify UNDER PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. PHYLLIS SHINN Commission # 1778898 WITNESS my hand and official seal. -d Notary Public- California San Diego County Comm. Nag 2011 HYLLIS SHINN ommisslon # 1778898 /1 ..P Notary Fubllc - California San Diego County comet. Nw92011 Notary u lic �. STATE OF CALIFORNIA COUNTY OF SAN DIEGO On , before me, , Notary Public, personally appeared 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 thavby 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. 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 seal. Notary Public 155210s642704.2 12008 State of California ) County of.San Diego On September io, 2oio,before me, Adelle .Miehaelson, a Notary Public, personally appeared Matthew B. Jumper, who 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. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. and official seal. Signature (Affix Seal) ADELLE MICHAELSON Commission 8 1776279 -m -.. Notary Public •California € San Diego County comm. g' trestioa24.2011 12;00.9 EXHIBIT A LEGAL DESCRIPTION OF THE PROPERTY The land is situated in the City of Poway, County of San Diego, State of California, and is described as follows: (Note: The,Deed of trust covets Trustor's interest in the leasehold and fee interest in the improvements) Brighton Parcel: PARCEL 2' OF PARCEL MAP' NO. 19198, IN =THE: CITY OF POWAY',i COUNTY 'OF. SAN'DIEGO, STATE OF 'CALIFORNIA; ACCORDING TO MAP THEREOF FILED IN! THE OFFICE_ OF THE'SAAI DIEGO'COUNTY RECORDER, ~APRIL 1; 2003: City Parcel: PARCEL 1 'OF: _ ° _ PARCEL MAP NO ^,19198,. IN THE CITY OF'POWAY, ,COUNTY 1OF'SAN DIEGO, 'STAM OF CALIFORNIA, ACCORDING TO MAP THEREOF. FILED 'IN THE DFF_ICE OF THE SAN DIEGO' COUNTY,RECORDER, APRIli,I, 2003. 1552\05\642704 2 ,_r- COUNTY RECORDER OF SAN DIEGO COUNTY The amount of remittance below is in full payment of the Documentary Transfer Tax for the docu nest attached and is described below. When tax payment is verified and after the permanent record is made, attach this request to the document pursuant to'Section 11932 R & T Code. LESSOR: Poway Redevelopment Agency, a public body corporate and politic LESSEE: Brighton Place, L.P., a California limited partnership DOCUMENTARY TRANSFER TAX: $ 0.55 XX COMPUTED ON FULL VALUE OF PROPERTY CONVEYED, OR COMPUTED ON FULL VALUE LESS LIEN AND ENCUMBRANCES REMAINING THEREON AT THE TIME OF SALE UNINCORPORATED AREA Tom Vote APN: 314- 220 -69 & 70 Date: DATE OF RECORDATION: 0 Signature of Party Submitting Document for Recordation - - - --- -- – - — - - - - -1 �t D 0 C 2010-0500087 t1 III I III II II II II II III III II II VIII III VIII III IIII III II OFFICIAL RECORDS SAN DIEGO COUNTY RECORDER'S OFFICE DAVID L BUTLER, COUNTY RECORDER NONDISCLOSURE TRANSFER TAX REQUEST SLIP TRANSFER TAX 055 RECORDING DATE, SEP 21, 2010 RECORDING TIME 800 AM