Loading...
HomeMy WebLinkAboutD-2192 RECORDING REQUESTED BY WHEN RECORDED MAIL TO: City Attorney City of Arcadia 240 W. Huntlngton Dr. Arcadla, CA 91006 AND Ktl;UfWtu IN OFFICIAL RECORDS RECORDER'S OFFICE LOS ANGELES COUNlY CALIFORNIA ~~~T. 10 A.M. SEP 6 1984 21 81f - 10 7 ~b 3 ? COVENANT AND AGREEMENT TO DEVELOP AND HOLD PROPERTY AS ONE PARCEL [1iJEE $6 3J FOR GOOD, VALUABLE AND ADEQUATE CONSIDERATION, receipt of WhlCh is hereby acknowledged, - ---' A. F, INCORPORATED herelnafter referred to collectively as "Covenantors" , hereby declare they are the owners of that certain real property located in the City of Arcadia, County of Los Angeles, State of California, legally descrlbed as follows: Lots l4 and l5 of Block A ln Tract No. 7723 in the City of Arcadia, County of Los Angeles, State of California as per Map recorded in Book 93, Pages 4l and 42 of Maps ln the Office of the County Recorder of said County. all of which afore described lS hereinafter referred to collectlvely as the "Affected Land" hereby agree and covenant with the City of Arcadia, a Municipal Corporation (hereinafter referred to as the "Covenantee") on behalf of and for the beneflt 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" WhlCh consists of and includes all the public and private land located within 500 feet of the Affected Land, as follows: 1. The Affected Land shall be held and developed as one parcel and no portion thereof shall be voluntarily or invol~ntarily sold, conveyed or assigned separately or legally div'lded until released ln writlng by the Clty of Arcadia. Any attempt to sell, conveyor assign less than the entlre parcel shall be a nulllty and of no effect and the Covenantee is hereby authorlzed to bring an action ln a competent court to set aside and have declared null and void such attempted sale, conveyence or asslgnment. In the event of such legal actlons, Covenantors or their successors or assigns shall be llable for the reasonable attorney's fees of Covenantee. 2. ThlS Covenant and Agreement lS for the benefit of the land of and shall lnure to the benefit of the Covenantee and ltS helrs, successors and assigns and lS for the beneflt of and shall inure to the beneflt of all the Benefitted Land and the heirs, successors and asslgns of the owners of the Benefltted Land, and thlS Covenant and Agreement shall run wlth the land and shall be blnding upon the helrs, successors and assigns of the Covenantors. 3. The City of Arcadla in ltS capaclty as Covenantee and in lts 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 Benefitted Land is hereby authorized to enforce the provislons of this Covenant and Agreement. 4. If any section, subsection, sentence, clause, phrase or portion of thlS Covenant and Agreement is for any reason held to be lnvalld or unconstltutional by the declsion of any court of competent Jurisdiction, such declsions shall not affect the valldity of the remaining portions of this Covenant and Agreement. CAT. NO. NNOO737 TO 21945 CA (1-83) . ,..,(Corporation) STATE OF CALIFORNIA COUNTY OF Los Angeles :;:... On Augus t l4, 1984 before me, the said State, personally appeared Garv Arnd t personally known to me or proved to me on the basIs of satisfactory evidence to be the person who executed the within instrument as the President, .aGO. 3 ~ TICOR TitlE INSURANCE } 55. undersigned, a Notary Pubhc in and for t .. Ie .. % .. ~ ; ~ r ~. ~ OFFICIAL SEAL WINNIE L. PERRIN II> -. NOTARY PUBLIC - CALIFORNIA .. ~.. PRINCIPAL OFFICE IN ':,"E" LOS ANGELES COUNTY My Co~mlss~on Explras Jan. 2, 1988 r 11) 1 ...... ...l run_..J. RU Bft lR! };jail!! sf !!B.til~li-;;Q'lT _.':...I__n_ tv ke thl '8--- n.h", _~_~...._...I.1.. lAl .L._ iRttrl---+ .... th~ (n ---~. of the Corporation that executed the WithIn Instrument and acknowledged to me that such corporatlon executed the WithIn instru- ment pursuant to Its by-laws or a resolution of its board of dIrectors. WITNESS my hand a~d offIcial seal, /J . Signature '~J!.-J ~ ~J__ ) 84-1072639 (This &rea for official notariallCal) IN WITNESS WHEREOF, Covenantors have executed this lnstrument on the date show opposite their slgnatures. , "COVENANTORS" A. F. Incorporated, Dated: ~~~s/ / / Dated: ,< . " "COVENANTEE" Clty of Arcadia Rftl?#~ , / 'Y9<~;e~~ City Manager -2- -<., 84-1072639