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1992-268415RECORDING REQqESTED BY City. of Encin~tas WHEN RECORDED MAIL TO: Tom Curriden, Assoc. Planner City of Encinitas 527 Encinitas Blvd. Encinitas, CA 92024 2056 0 1992-0268415 AY-1992 03:1~ P~ OFFICIAL RECORDS SAN OIEGO COUHTY RECORDER'S OFFICE ANNETTE EOANS, EOUHT¥ RECORDER RF: 5.00 FEES: AF: 5,00 HA MF: 1.00 Above Space for Recorder's Use 11,00 MEMORANDUM OF OFFER OF EASEMENT THiS MEMORANDUM OF OFFER OF EASEMENT ("Memorandum") is made and executed as of this 5th day of March __, 1992 by Alesco Develcpment Company, a general partnership ("Alesco")~'- ' Alesco is the owner of certain real property located in the City of Encinitas, County of San Diego, State of California, as further described on Exhibit A attached hereto (the "Alesco Parcel"). Alesco has made and delivered an offer of easement (the "Offer") to HOYT PARDEE ("Pardee") for vehicular ingress and egress and access on, over and across a portion of the Alesco Parcel all as set forth in that certain Reciprocal Access Easement Agreement executed by Alesco on February 5 , 1992 (the "Easement Agreement"). The easement described by said Easement Agreement is to be effective only upon countersignature thereon by Pardee, or his successor in interest, and recordation of the Easement Agreement. The Easement Agreement is currently on file with the City of Encinitas. This Memorandum, the Offer and the Easement Agreement, and all of the covenants and conditions therein contained shall be binding upon and shall inure to the benefit of the executors, administrators, heirs, assigns and successors of each of the parties thereto. The Offer shall remain effective until recordation of the Easement Agreement, or the revocation of the Offer which shall require the written consent of the City of Encinitas. 2057 EXECUTED on California. March 5 , 1992, ALESCO DEVELOPMENT COMPANY, a General Partnership Its: ~ STATE OF CALIFORNIA COUNTY OF LOS ANGELES SS. On~(L~ , 1992, before me, the undersigned, a Notary Public in and for said State, personally appeared Alan Young per~o~a~z~h~O%~ or proved to me on the basis of satimfactory evidence to be the person who executed the within instrument as one (1) of the partners of the partnership that executed the within instrument, and acknowledged to me that such partnership executed the same. WITNESS MY HAND and official seal. X~otarY Public in land for maid County and State 2 58 Legal Descriptioa f.o~ Alesc0 Parcel THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF C2%LIFORNIA, COUNTY OF sAN DINGO, CITY OF ENCINITAS, AND IS DESCRIBED AS FOLLOWS: ALL TF~%T PORTION OF THE W~ST HALF OF THE NORTHEAST QUARTER OF THE NORTHWEST QUARTER OF SNCTION 1St TOWNSHIP 13 SOUTH, RANGE 4 W~ST, SAN. EERNARDINO SASN AND MERIDIAN, IN THE CITY OF ENCINITAS, COUNTY OF SAS DIEGO~ STATE OF C~LIFORNIAt ACCORDING TO OFFICIAL PLAT THER~OFt DESCRIEED AS FOLLOWSz COM~f~NCING AT THE NORTHEAST cORNER OF SAID NORT~ST QUARTER OF SECTION 15; THNNCN SOUTH 89"49'30" WEST ALONG THE NORTH LINE OF SAID NORTKWEST QUARTER, 673.31 FEET TO TEE NORTHEAST CORNER OF A PARCEL OF LAND ...... ~iE~!BED IN DEED TO ALVIN T. CANDEE AND WIFE DATED JANUARY 8,'-'lH4B 'AND RECORDED MARCH 4~ 1946 IN BOOK 2073~ PAGE 26 OF OFFICIAL RECORES; THENCE SOUTH 01"34'16" WEST ALONG THE EAST LINE OF SAID _LAND..AND..~TH. SQUTHEPJ~Y ......... .......... PROLON~A~i~'~4.2~ '-FE~'~6'~E~TH~S~ C6~R OF A PARCEL OF LAND DESCRIBED IN DEED TO HARRY W. JOHNSON AND WIFE DATED DECEMBER 12, 1945 AND RECORDED JANUARY 8, 1946 IN BOOK 2032, PAGE 108 OF OFFICIAL RECORDS AND THE TRUE POINT OF BEGINNING; THENCE SOUTH 87~14'30" WEST (RECORD SOUTH H7~11'45'' WEST) ALONG THE NORTH LINE OF SAID JOHNSON'S LAND 146.37 FEET TO THE NORTHEAST CORNER OF A PARCEL OF LAND DESCRIBED IN DEED TO W. STOLL AND WIFE DATED MARCH 2~ 1946 AND RECORDED APRIL 17, 1946 IN BOOK 2100~ PAGE 333 OF OFFICIAL RECORES; THENCE CONTINUING SOUTH 87~14'30'' WEST (RECORE SOUTH 87"11'45' WEST) ALONG THE NORTH LINE OF SAID STOLL'S LAND 57.30 FEET; THENCE NORTH 02"45'30" WEST 206.00 FEET TO THE SOUTHERLY LINE OF THE AFOHESAID CANDEE'S LAND; THENCE NORTH 87"14'30" EAST (RECORD NORTH 87"11'45" EAST) ALONG THE SOUTH LINE OF SAID CANDEE'S LAND 219.26 FEET TO THE SOUTHEAST CORNER THEREOF; THENCE SOUTH 01"34'15" WEST ALONG THE SOUTHERLY PROLONGATION OF THE EAST LINE OF SAID LAND 206.60 FEET TO THE TRUE POINT OF BEGINNING. 3