Well, there are a lot of things that could account for the cold spots.
1) Near EN limit for comfort. Comfort means a lot of different things to different people. That is a tough call. I sleep a bit cold so I always figure on a good set of mid-weight long johns, high, wool socks and possibly a warm jacket at when it is colder. My bag is only rated for 40F, so at 32F I need every bit of warmth I can get. It works enough to let me sleep down to about 30F, but 32F is what I call it.
2) Not a real lot of warm features on that bag.It lacks a draft collar and shoulder baffle. You will be cold at much below 45F.
3) As others have said, the box stitching is not great for warmth. Usually, in a summer bag, you don't mind it, though.
4) Under a tarp or in a lean-to, you could have a problem with wind. This will easily suck 10F of warmth out of many bags. Even some single walled tents with a lot of ventilation will do this.
5) Loft is a LOT of the warmth of a bag. You need two things to stay warm: a) a good 2 or 2.5" pad (an inflatable NeoAir for example) b) little tension on the bag, itself. Also, try washing it with 1/4 the amount of down wash and drying it thuroughly with a couple tennis balls or dryer balls. Usually, a new bag is packed and shipped compressed, this means you need to restore whhat loft it is capible of. I usually get about 40-50% more loft after washing. I wash mine every two weeks(14 nights) of use. I have been doing that for over 30 years.
6) Location, location, location…pick a camp-site out of the extream wheather caused by lakes and rivers. About 10-15' up a hill is the minimum. This will cut down on the damp, dew filled morning weather.
7) Dri-down is not the cure-all for choosing a dry spot. Humidity (a gas) and moisture (a liquid) will eventually penetrate most bags. Keep yours dry!