The financing statement was recorded in the Office of the County Recorder of Ventura County, California, the location at which one records documents relating to real property situated in Ventura County. With the appropriate fee, a county recorder will accept for recording those documents that a state statute requires or permits to be recorded, typically those relating to real property but also including other documents such as birth, marriage, or death certificates.
Ventura County probably accepted this financing statement for recordation because state law permits the recording of a financing statement covering fixtures in the county land office records. The irony is that the court holds the financing statement sufficient to constitute a mortgage on the debtor's leasehold interest in the underlying real property, even though that was probably not the reason the clerk in Ventura County accepted the document for recording.