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RECORDING REQUESTED BY: <br />City of Redwood City <br />When Recorded Mail Document To: <br />Lloyd A. Levaggi <br />66 Martinez Court <br />Novato, CA 94945 <br />With a Copy to: <br />City of Redwood City <br />1017 Middlefield Road <br />Redwood City, CA 94063 <br />Attn: City Clerk <br />APN: 055-031-230 SPACE ABOVE THIS LINE FOR RECORDER'S USE <br />SUBSTITUTION OF TRUSTEE AND FULL RECONVEYANCE <br />WHEREAS, Lloyd A. Levaggi, was the original TRUSTOR and FIDELITY NATIONAL TITLE <br />INSURANCE COMPANY, A CORPORATION, the original TRUSTEE, and the CITY OF REDWOOD CITY, A <br />MUNICIPAL CORPORATION, the original BENEFICIARY of the certain Deed of Trust titled SHORT FORM <br />DEED OF TRUST AND ASSIGNMENT OF RENTS dated February 6, 2001, and recorded as Instrument Number <br />2001-019162 on February 14, 2001 in Official Records of the County of San Mateo, State of California (the "Deed <br />of Trust'); and <br />WHEREAS, the Deed of Trust irrevocably granted, transferred and assigned to the original Trustee in <br />Trust, with power of sale, the property in San Mateo County, California, with the address of 3290-3296 Rolison <br />Road, Redwood City, California and more particularly described in Exhibit "A", attached hereto and incorporated by <br />reference (the "Property"); and <br />WHEREAS, the Deed of Trust secured (1) the performance of each agreement of original Trustor <br />incorporated by reference or contained therein;(2) financial assistance (the "Loan") to the original Trustor with the <br />principal sum of Two Hundred Thousand & No/100 Dollars ($200,000.00), which the original Trustor promised to <br />pay to the original Beneficiary with interest as described in the Promissory Note (the "Promissory Note"); and (3) <br />payment of any further sums the original Trustor may borrow from original Beneficiary; and <br />WHEREAS, the agreements have been performed and the Loan has been fully repaid, and the <br />undersigned successor Beneficiary desires to substitute itself as the new Trustee under said Deed of Trust and in <br />place and instead of FIDELITY NATIONAL TITLE INSURANCE COMPANY, A CORPORATION. <br />NOW THEREFORE, the undersigned hereby substitutes the CITY OF REDWOOD CITY, A MUNICIPAL <br />CORPORATION, as Trustee under said Deed of Trust, and the CITY OF REDWOOD CITY, A MUNICIPAL <br />CORPORATION, as the substituted Trustee does hereby reconvey, without warranty, to the person or persons <br />legally entitled thereto, the Estate now held thereunder. <br />DATED: 2022 CITY OF REDWOOD CITY, A MUNICIPAL <br />CORPORATION <br />A,tt V Qi OI66-vV7C41G, <br />By: Melissa Stevenson Diaz, City Mdnager <br />Substituted Trustee and Beneficiary <br />ATTY/AGR/2022.164 — SUBSTITUTION OF TRUSTEE AND FULL RECONVEYANCE 3290-3296 ROLISON <br />REV: 06-30-22 SK <br />Page 1 of 3 <br />