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Home My WebLink AboutD-2718_ ;; .. . ~-~ TITLE(S) ~ ~~ ~ 8 This page is part of your document - DO NOT DISCARD ~f ~,a~ .. _Pages: ~..~ °.~ 20070181432 OOS ~~ ~~ ~ ~~~ ~~ ~~ ~~ ~~ ~I~~~ ~~ ~ ~~~~ ~~~~ ~~~~~ I~~~~ ~~~~~ ~~~~ ~~~~=-1 RecordedfFrled in ORICIaI Records Feea: Recorders Office, Log Angeles county . $24.00 California Taxea: omer: $0.00 01/29/07 AT 08:OOAM Pe~~f $aa.o0 i TitleCompany- j L E A D ~/o ~./ a o~-a ~ `;rti f~<c!~ II I Ill I I I I IIII II --___-__.._ S H E E T i ~ ' I i -.- 1 _ - - _ Assessor's Identification Number (AIN) To be completed by Examiner OR Title Company in black ink. EIMtN Number of AIN's Shown THIS FORM IS NOT TO BE DUPLICATED a ' •RECORDED AT THE REQUEST OF ,`CHICAGO TITLE COMPANY C RECORDING REQUESTED BY WHEN RECORDED MAIL TO: City Attorney City of Arcadia 240 W. Huntington Drive Arcadia, CA 91007 ~- __ - ovzersoo~ IIII VIII VIII VIII VIII VIII VIII VIII VIII VIII VIII II IIII 20070181432 COVENANT AND AGREEMENT TO DEVELOP AND HOLD PROPERTY AS ONE PARCEL FOR GOOD, VALUABLE AND ADEQUATE CONSIDERATION, receipt of which is hereby acknowledged, MEEKER FAMILY PARTNERS, LLP, a California Limited Partnership 1P u~hereinafter ieferred"to collectively as "Covenantor", hereby declares to be the owner of that certain real property located at 140 E. Live Oak Avenue in the City of Arcadia, County of Los Angeles, State of California, more particularly described as follows: Lots 7 thru 12 inclusive of Tract No. 13623, in the City of Arcadia, County of .Los Angeles, State of California, as per Map Recorded in Book 278, Page 29 of Maps, in the Office of the County Recorder of said County, together with the portion of Live Oak Avenue vacated by Order No. 2558, recorded December 4, 1947 in Book 25874 Page 237, of Official Records of said County, Title which would pass with a conveyance of said lots ("Affected Land"). Covenantor hereby agrees and covenants with the City of Arcadia, a Municipal Corporation (hereinafter refereed to as the "Covenantee") on behalf of and for the benefit of the Covenantee's land, which is the public street and right-of--way adjacent and contiguous to the Affected Land, and on behalf of and for the benefit of the "Benefitted Land" which consists of and includes all the public and private land located within 500 feet of the Affected Land, as follows: i .~ i V 1. The Affected Land shall be held and developed as one parcel and no portion thereof shall be voluntarily or involuntarily sold, conveyed or assigned separately or legally divided until this Covenant and Agreement is released in writing by the City of Arcadia. Any attempt to sell, convey or assign less than the entire Affected Land shall be a nullity and of no effect and the Covenantee is hereby authorized to bring an action in a court of competent jurisdiction to set aside and have _ declared_null_and void_any_such-attempted-sale, conveyance or assignment-Iri the ~ - event of any and all such legal actions, Covenantors or their successors or assigns shall be liable for the reasonable attorneys' fees of Covenantee. 2'. This Covenant a d Agreement is for the benefit of the Covenantee and its heirs, successors and assigns and is for the benefit of and shall inure to the benefit of all the Benefitted Land and the heirs, successors and assigns of the owners of the Benefitted Land, and this Covenant and Agreement shall run with the land and shall be binding upon the heirs, successors and assigns of the Covenantors. 3. The City of Arcadia in its capacity as Covenantee and in its capacity as the legal representative of the residents of the City of Arcadia and more.particularly-as- - the legal~representative of all the owners of the Benef tted Land is hereby authorized to enforce the provisions of this Covenant and Agreement. 4. If any section, subsection, sentence, clause, phrase or portion of this Covenant and Agreement is for any reason held to be invalid or unconstitutional by the decision of any court of competent jurisdiction, such decisions shall not affect the validity of the remaining portions of this Covenant and Agreement. IN WITNESS WHEREOF, Covenantors have executed this instrument on the date shown opposite their signatures. ~l ~a 'Jwk i~~ ~P ~md 149b Y~ [SIGNATURES ON NEXT PAGE) ~~ 1~ 4 "COVENANTORS" Meeker Family Partners, LLP _____. _.__Dated: ,-2006 -- - - f G.R. eeker, Jr , a General Partner "COVENANTEE" "CITY OF ARCADIA," a Municipal Corporation Dated: x.18 , 200 - - - ~-------- -- -- --- - ~- -"-- ~ - William R. Kelly City Manager APPROVED AS TO FORM: ~. Stephen P. Deitsch City Attorney ~) ~~ ~) F,: ~~ h~+ ~P 4,e~R IV 3 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California / ss. County of yO5 fU~EG~S On ~.~ -,'il '7- ~ G before me, /3/L L/G ~ ~Gx~G ,(/~T~,GY~~i~ Oeta /' Name and Title of Olisar ~e.g .'Jane Doe, No~ery Pudm~ personally appeared C-T ~ ~G6~C,4~ ~/ ~ , Name~s~d 9igrer~aJ ~ ^ personally known to me `proved to me on the basis of satisfactory BIUIEJ•TONE 'evidence Canmtmon! 141517!1 NoIsY REt9c • COBlorltl0 loa Mpelet County eNC~.ewSa.fortt0. to be the person~6f ~ whose nametsf isles subscribed to the within instrument and acknowledged to me that he/sJa~tthejr executed the same in his/F~ft~r authorized capacity(i~s~, and that by his/her/tar signature on the instrument the persory(S'f, or the entit~pon behalf of which the persor{{sf acted, executed the instrument. WITNE my hand and,o f~ ial s I. i~-~~ '~ ~ r~-^.-' Signelu of NOlary PUCllc OPTIONAL Though the inlormafion below is not required by law it may prove valuable to persons relying on the document and could prevent rraudulent removal and reattachment of this loan to another document. Description of Attached Document /> /J Ttle or Type of Document C !~(~E.(~AN7 A.<•~~~ /~/F~`N c,U- /~( 6l~L _> yo~,p ~/LGr~~iL7Y .'9 S oti z~' 7J~~c~ c ~ Document Date: /8 'v?'J "- off- Number~of Pages: ~- ~l Signer(s)OtherThanNamedAbove /LL ~ A EG{-.y A/~D ,i'~A/Jt..vv~~lC/ ~) f~ ~D V ~} U+ ~~ Capacity(ies) Claimed by S,i~g/Her Signer's Name: G r ~ ~ /' ~ r/6,~:~. ~/ ~ ~ ^ Individual . a Top m inDmn Here ^ Corporate Officer -Title(s): zs y"•;,;~ Partner - (] Limited [General ~==~="°~~~~"k - ~= ' ^ Attorney-in-Fact [ °._: <~, '-~ ' ' ^ Trustee . " ~'t~.' S~~ ~' ^ Guardian or Conservator i „~_~~~~ ' ^ Other: +;~~;//'i'i~~a- Signer Is Representing: ~66K~/t- JiQ//9/~, AvZifUt.GS, G/ 01999 Nalbnel Nolary Asaodefion ~ 9350 De SMO Ave., P0. Boy 2402 • CFelewotlb, CA 91313-2402 • www.nelionelnolery org Prao. No. 59W Reorder: Cell Tdl-Free 1 Bo0~ B)B BB2] V /~ The undersigned, being the Beneficiary of that certain Deed of Trust dated October 2, 2006, to secure Loan No. 27097 recorded on November 20, 2006 as Instrument No. 20062566984 in the official records of the office of the Los Angeles County Recorder, does hereby consent and agree to be bound by the foregoing "Covenant And Agreement To Develop Property As One_ _ _ .. - -ParceP'- Citizens Business Bank A bank By: -~JcL/,'e. En~r~n Its: ! P a.-,a cr '~•J ~) ~,.~ ~? FF ~:f r~~ ~~ .~ Y_,.'- ` - . ~` CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of _~AN ~r ~N~12p/n/O On .Ti9 N. /~ =?00 `7 before me, CL Ac/tl iA ~ Aug U S Tiu r- I ///bTi4,2 ~ ~i/.~G! Dale Name antl Ttlle o1011icer (e.g.,'Jane Doe, Notary Publlc~- personallyappeared ~GrL/F_ ~=n/GF_n/ Namefsi of Signer(s) c~,n ~ raeaa~ c ~ ror~inlulno cwnr y,cam,.r>,awNwe.auto Ct ACUTA 1. AUGUS-uE commal«r ~ t rot 93~ rtla~hAlc-cmrouttn ~ ~ WITNESS my hand and official seal. -- Place Notary Seal Above SgnaNre of N ry Public OPTIONAL Though the information below is not required by few, if may prove valuable to persons relying on the document and could prevent Iraudulent removal and reattachment o/this corm to another document. Description of Attached Document Title or Type of Document: F_NA.rJI' ty ~ G~rQ/- E0~/~EwT TD ~G/iG/ P e !¢5 DNE x92CF. L Document Date: ~~C • v~7 .~ Oo ~ Number of Pages: Signer(s) Other Than Named Above: Q2 /91F_E,t%F.P1 Gu//~/gym ,C /lFC(y ~ ~TL-PN.En~ P• ~EITSC'// Capacity(ies) Claimed by Signer(s) Signer's Name: ^ Individual ^ Corporate Officer - Ttle(s): _ Partner - C Limited ^ General ^ Attorney in Fact ^ Trustee ~~ ^ Guardian or Conservator ~"'J ^ Other: ~) N ^~3 S~•+ eJ:s V'~ fV Signer Is Representing Top of thumb here j~personally known to me ^ (or proved to me on the basis of satisfactory evidence) to be the person(sfwhose name(Sj is/~ subscribed to the within instrument and acknowledged to me that gelsheftla€y executed the same in bis9her~r authorized capacity(ieS), and that by hielherRrteli signature,(s)'on the instrument the person(s); or the entity upon behalf of which the person(s~ acted, executed the instrument. Signer's Name: ^ Individual ^ Corporate Officer -Title(s): ^ Partner - ^ Limited ^ General ^ Attorneyin Fact ^ Trustee ^ Guardian or Conservator ^ Other: Signer Is Representing: Top of Ihumh here ® 2006 National Notary Association • 9360 De Solo Ave., P.O. Box 2402 ~ Cbalsworth, CA 9131&2402 Item No. 590] Reortlec Call Toll-Free 1.fi0P6r6-6627