Loading...
HomeMy WebLinkAboutD-1955 r~,1 (j .,1 . /- 1'" B-D6S00n736 CERTIFICATE OF ACCEPTANCE This is to certify that the interest in real property conveyed or transferred to the City of Arcadia, a Municipal Corporation, by the deed, grant, conveyance or instrument dated November 8, 1974 , from or executed by Mobil Oil Corooratlon , is hereby accepted by the City of Arcadia by the order or authorization of the City Council of the City of Arcadia contained in Resolution No. 2963, adopted January 21, 1958, and recorded in the office of the Recorder of Los Angeles County on January 29, 1958, as instrument No. 3069 in Book 56448, Page 264, Official Records of Los Angeles County; and the City of Arcadia consents to the recordation thereof by its duly authorized- officers. ~ L The City Manager d cument thus d~ cribed . ~l!$v~ City Engineer is hereby approved as City AttorneY"" , - tili;~'f'2 r'" ~...,....~ ~. G. D. FROST Ass't.;;:Seffief~ry;<'.."". . ~~~~'lJ'-:';.:';;-:'(.:l'J."l -':::;, '~ .t.....v.~t.,... "".,,' Ij.); -" }:~.-,.; -1 "'~ ~~.4;o;j.:.. ~~t. :~ '~,>fcC~'" '';.~~'l1to:''"; ;;<r. '" s~.:...~..::;~ ~~" : .;>>,~ _ ...'!:ro;::~~.. 0')';""0;.. '-:.. "'t, ::>';U'...,,""""=,/~ ~ ~.. 'v"~""'''' r'l;,e;.....~~~Ii~ J' ~.. ~/ ~'l' (r - !r., .; ?'tI~'?~~~:" ". ~: ~ '::.;."1 a.,.. /;\S: :'J4-~-J'Jt,n~/?: t ~.:..'t>-~~~~..~",.~ ....., t..--!.'~ ....;.......~w:.;;""'..~..- ....",vX...t""'., ,v'. ~i-: ..-...J)t<.......':t'-~,;..5i.~...vr~..' ~ . '\o:-~vjt.:..t...".!I'.1- ~~ k JOSEPH ZO~'f!~:~t<~~""'.\,)s:-:_, ..\; "-:-1'.;- ',:~"\(:)ll\ ,f NOT....RY PU611.c, Sfale~t.Ne:.:;.!.Y&k~~':\" "': ,'f ~""k.;:.1.:~ - ~"ll...1 No 41-9ei~0'f.i'~~'i~,:w.~ ~~.~~ _ ". '~.$l .. -.-.,......._~ ":f~. ~~"4~ 'Qualified In QuwiliSCO~ri~t'ifnl~ t. Q)t~,... ~;Wj~ ;"'te.......""".....:,t " ~...;'1-~..-t:<J.l.., CDrtiflcato fded in tN~"10f~: ~IY~""''''-'-<i~a.;:'-.;.:'~ form ,bP!!1S~Mcirdi~~~artS~~V~::' (Th~~ .re~,f~.tJft1;;-;~~~~I~\t'e'a1) . .~ Q 0' 'o.)-:""-.~'\.'" , ....~..t(ru.~""I:::". " F.scrow or Loan No. ~ :1:." ~.. ~1 ..}.~ : R"!:COilDING REQUEBTED BY J/ I -j .. - Bl06S00PG735 .s~fECO 'TiTU: INSURANCE COMPMi: AND WMKN -.c:O_DCO MAIL TO I I L RIOCQROS Off\C\" ~ CA "0 \!'l CO\l!'l" , RIOCORO. !'lGIOLf-S Of LOS " . ,. ,..i 8 ".1'" DEe 1.3 '914 , O<<ice Recorder s ...- City Clerk P 0 BOll: 60 Arcadia, CalU 91006 - -- CItrO I-L .J .....l ,... ".foflM8nS ro I I I FREE ~] . '--" N,_ 1- ....... City of Arcadia ClfT & s""L .J Corporation Grant Deed Go... THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST CO~A.~ " SPACE ABOVE THIS LINE Fo.R RECORDER'S USE .foSSTS. POL. NO TO 40e.2 CA. 110_731 The underslf';ned f';rantor(s) declare{s): ~ /. Documentary transfer tax IS S N~ ( ) computed on full value of property conveyed, or ( ) computed on full value less value of ~s and en~umbrances remaining at time of sale. ( ) Unincorporated area' (~Clty of CA d I A , and FOR A VALUABLE CONSIDERA llbN, r;~;;~t-of';iifch ~;b'treby acknowledged, OIL On. CORPORA'l'ION a corporation organized under the laws of the state of H81I York hereby GRANTS to CI'l'I OF ARCADIA . s the following descrIbed real property in the City of Arcadia County of Los Angeles , State of CalIfornia' '!hat portion of Lot 34 1:1 Blocll: 82 of Arcadia Santa Anita Tract, in the'City of Arcadia, County of Los Angeles, State of CalUomia, as shOlll1 OIl map recorded in Book 15, pages 89 and 90 of Miscellaneous. Records in the oftice of the County Re~ corder of said County, described as tollOlfl!lI Beginning at the nortlnreeterl,y comer of said Lot; thence easterly along the north- erly line of .eaid,L6t a distance of 151.60 teet to the northeasterly comer ot said Lot; thence sOl1therl,y along the easterly line of said Lot to the southerly line or the nortberl,y 6.00 teet of said LotJ thence westerly along said southerly line to the beginning of a tangent curve southeasterly having a radius of 15.00 teet" said OU1"Y8 also being tangent at ita southerly te1'lll1nus to the westerly line of said Lot; thence southnsterl,y along the arc of said curve to said southerly te1'lll1nusJ thence northerly along the westerly line of said Lot to the point of beginn1ng. SUBJECT to current taxes and. assessllBute and to all 888811Bute,restrictione, reeer- vatiOl18, conditions and r1ghte-ot""Ir8Y of record. .J In Witness Whereof, said corporation has caused its corporate name and seal to be affixed hereto and this instru- ment to he executed hv \lei. Vice PresIdent and Asa1s+.a"t Secretary thereunto dul~ authorizrsl."74 Dated: ~UV R 1~1 NEW YORK 5TATE OF .. ._,.. ... COUNTY OF NEW YORK On NOY 8 1971 belore me, .he under. signed. a Notary Public ~ rtWE~~ said Stalt'. personally appeared G. I. . known to me to be the VICE President. and r:: n FRi),T known to me to be ASST Secretary of the Corporation Ihat e'tecuted the withm Instrument. k.nown to me to be the persons ",ho executed the willun Imtrument on behalf of the Corporal IOn therein named, and acknowledged to me that such Corporation executed the wlthm lnstru- ment pursuant to Its by.laws or a resolution of Its board of directors. WITNESS m and and official seal } 55. President By Vice By ,'. ,.. " Title Order No. MAil TAX STATEMENTS AS DIRECTED ABOVE ~ >- >- '" <n. Z 8' f- " f- U C:::: ~ :; U ~ o i= "- et: U of) "' '" 7 ~/6.J..cd-n- -..""_....,.__ '-;1 At a duly constituted meeting of the Board of Directors of MOBIL OIL CORPORATION, held at The Hotel Okura, Tokyo, Japan, on the 25th day of September, 1974, at which meeting a quorum was present and assented to their passage, the following Resolutions were adopted: RESOLVED, that a resolution adopted by the Executive Committee of the Board of Directors of this Corporation on January 8, 1974, , granting authority pertaining to the execution of instruments to J. H. BARRY, D. J. D'ALESSIO, R. C. DRUMMOND, R. H. GARDNER, H. H. HINKLE, C. J. LAUSE, G. F. LEWIS, F. W. MILNE, J. D. ROXE, F. C. SEIBOLD, JR., and J. C. SIMCOX, be and the same hereby is revoked, effective at the close of business September 30, 1974. FURTHER RESOLVED, that, effective October 1, 1974, J. H. BARRY, W. F. BRANN, D. J. D'ALESSIO, R. C. DRUMMOND, R. H. GARDNER, H. H. HINKLE, C. J. LAUSE, G. F. LEWIS, F. W. MILNE, J. D. ROXE, F. C. SEIBOLD, JR., and J. C. SIMCOX, Officers of this Corporation, and each of them, be and they hereby are authorized to execute, acknowledge, and deliver any and all instruments in the name and on behalf of this Corporation, including, without limiting the gener- ality of the foregoing, deeds conveying real estate, with the same force and effect as if specific authority were granted by this Board in each particular instance; and the Secretary or an Assistant Secretary is hereby authorized to attest the execution of such instruments and to affix the Corporate Seal thereto. . . . . . . . . . . . . . . I, G. D. FROST , Assistant Secretary of MOBIL OIL CORPORATION, do hereby certify that.the foregoing is a true copy from the records of the said MOBIL OIL CORPORATION, and that said Resolutions are now in full force and effect. IN TESTIMONY WHEREOF, I have signed my name and affixed \'\"'O":~tl'ne"'c,orporate Seal at New York, N. Y., this ", IV- \180 ", ~\ ".......' ~ '.0;, ,... .,,,!.':l -1"9'7"iiy'- <. ~. ..... i.~ ~ '(~ f,Q,: "-1:, {>.. 't.\~.~ ~..I: .;::J, .' '", ':~ ::. . . ~, ~ :-.Il "o~' : - ~ '\'" \)",...: :;' '. cP '.\ ; ,u. : ~ ~ .. .'. HQ : ~ ~ () '.. ... $ \....1< ....MOC.. P Ii No. 1026 ., :.< \ .I.~ -~~......It.~...',_ 8th day of llovember ~ . . ~j) --/7'fJ- COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR-CONTROLLER MARK H BLOODGOOD A UDITOR.CONTROl-1..ER 15::1 HALL OF ADMINISTRATION L.OS ANGELES, CALIFORNIA 90012 974.8361 May 13. 1975 ROBERT A GILL CHIEF DEPUTY E GUERRERO CHIEF, TAl{ DIVISION Direct inquiries to Attn: Thelma Crutchfield " City of Arcadia 240 West Huntington Drive Arcadia. California Attention: J. William Phillips City Attorney RECEIVED MAY 15 1975 CITY OF ARCAOIA CITY A1TORNEY SUBJEX:T: Portion of lot 34. Block 82 of Santa Anita Tract acquired from Mobil Oil Corporation~ Gentlemen: Pursuant to your letter dated January 3. 1975. taxes have been cancelled in accordance with section 4986 of the Revenue and Taxation Code. This cancel- lation was ordered by the Honorable Board of Super- visors May 1. 1975 by Authorization No. 38399. Very truly yours, MARK H. BLOODGOOD Auditor-Gontroller ~~~ By Edward Guerrero, Chief Tax Division ID/'lC/kj Tax Div. #C-ll 4/75 H-6 January-3, 1975 Mr. Mark H. Bloodgood, Auditor-Controller 500 West Temple Street, Room 153 Los Angeles, California 90012 Attention: Tax Cancellation Section SUBJECT: Request for Cancellation of Taxes Portion of Lot 34, Block 82 of Santa Anita Tract acquired from Mobil Oil Corporation r Dear Mr., Bloodgood: Please cancel as of the date of recording all taxes on the property described in the attached copy of deed. This property is being acquired for public street purposes. There ii no building on it. Very truly yours, J. WILLIAM PHILLIPS City Attorney < JWP:at Attachment cc: City Clerk ; ~ CLTA-1973 STANDARD COVERAGE POLICY OF TITLE INSURANCE iSl:lued by SAFECO TITLE INSURANCE COMPANY SUBJECT TO SCHEDULE B AND THE CONDITIONS AND STIPULATIONS HEREOF, SAFECO TITLE INSURANCE COMPANY, a California corporation, herein called the Company, Insures the insured, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the amount of insurance stated in Schedule A, and costs, attorneys' fees and expenses which the Company may become obligated to pay hereunder, sustained or incurred by said insured by reason of: 1. Title to the estate or interest described In Schedule A being vested other than as slated therein; 2. Any defect in or hen Of encumbrance on such title; 3. Unmarketahility of such title; or 4. Any lack of the ordinary right of an abutting owner for access to at least one physically open street or highway if the land, in fact, abuts upon one or more such streets or hIghways; and in addition, as to an insured lender only: 5. InvalidIty of the lien of the insured mortgage upon said estate or interest except to the extent that such invalidity, or claim thereof, arises out of the transaction evidenced by the msured mortgage and is based upon a. usury, or b. any consumer credit protection or truth in lending law; 6. Priority of any lien or encumbrance over the lien of the insured mortgage, said mortgage being shown in Schedule B in the order of its prionty; or 7. Invalidity of any assignment of the insured mortgage, provided such assignment is shown in Schedule B. Secretary .....................,,'''',\\\\\ -=""-~SUR4 IIII :<. \ .............."',..1" _... '".. ..' ~ I, -"-...... .r I .::-".. . ("'It fl...;f\~\,~\\PORAr[/}\O ~ /0. .3~ ~v: -.- :~~ ~.,... h '1.' :; ~~\'.4RCH, 5, \~I> ;;f It .,rOo.. ..."""".: I," ... _ '1"'.. ... - 111\1~4 iiFO~'~ \ ~_-=-= \\\""""............... ~NJ(~ ~~~L ~. President -. ~\.<. ' C^.J' !rtItkoPiz&i.-5;giiarure ~ P-218 (G S) Rev 8-73 es..t..,o In.'''~. c__,., .......... 1'1-01.1.0<1 T,.do.....k 0_' CONDITIONS AND STIPULATIONS 1. Definition of Terml'l The folIowmg terms when used In this policy Illean: (a) "Insured" the insured named In Schedul", A, and, subject to any rights or defenses the Company may ha..e had against the named Insured, those who succeed to the mterest of such Insured by operation of law as distingUished from purchas~ includmg, but not limited to, heirs. dlstnbutees, deVisees, surVivors, per- sonal r~presentatives, next of km, or cor. porate or fidUCiary successors The term "Insured" also Includes (I) the owner of the mdehtedness secured by the insured mortgage and each successor In ownership of such mdebtedness (reserving, however. all nghts and defenses as to any such succeSSOr who acqUires the mdebtedness by operatIOn of law as described in the first sentence of thiS subparagraph (a) that the Company would have had agamst the suc:cessor's transferor), and further includes (11) any governmental agency or instrumentality which IS an Insurer or guarant()r under an Insurance contract or J!:uaranty msurInJ!; or guaranteem(!: said mdebtedness, or any part thereof, whether named as an insured herem or not, and (III) the partIes deSignated In paragraph 2(a) of these ConditIons and StIpulations. (b) "insured claimant"; an Insured clalmln~ loss or damage hereunder. (c) "Insured lender" the owner of an Insured mortgage. (d) "Insured mortgage" a mortga~e shown In Schedule H, the owner of whH"h IS nam~d as an insured In Schedule A (e) "knowledge": actual knowledge, not COnstruct1Ve knowledge or notJce which Illay be imputed to an Insured by reason l)f any pub he records. ({) "land" the land deSCribed, spe- Cifically or by reference In Schedule A, and Improvements affixed thereto which by law constitute real propl.. _y; prOVided, however, the tenn "land" does not Include any art~a excluded by Paragraph No. 6 of Part I vf Schedule B of thiS PohC} (g) "mortgage" mortgage, deed of trust, tt-ust deed, or other security instru- ment. (h) "pubhc records" those records whIch by law Impart constructive notice of matters relating to the land. 2. (a) Continuation of Insurance after Acquisition oC Title by Insured Lender If thIS poht.y Insures the owner of the indebtednes~ secured by the Insured mort- gage, thiS poltcy sho'!l continue III force as of Date of Policy In favor of such in- sured who acquires all or any part of the estate or mterest In the land desCribed in Schedule A b} foreclosure, trustee's sale, COnveyance In heu of foreclosure, or other l~gal manner whICh discharges the hen of the Insured mortgage, and If such insured IS a corporatIOn, ItS transferee of the esta.te or Interest so acqUired, prOVided the transferee IS the parent or wholly owned SubSIdiary of such insured; and in fa\or of any governmental agency or tn- strumentahty which acqUIres all or any part of the egtate or mterest pursuant to a contract of tnsurance or guaranty m. surtnj:; or p;uaranteetnp; the Indebtedness secured by the Insured mortgage. After any such acqUISition the amo _.It of msur. ance hereunder, exclUSIVe of costs, attor. neys' fees and expenses which the Company may be obligated to pay, shall not ex- ceed the least of: h) the amount of msnrance stated in Schedule A, (11) the amount of the unpaid prin- Cipal of the mdehtedness plus mterest thereon, as determmed under paragraph 6(a) (lid hereof, expenses of foreclosure and amounts advanced to protect the hen of the insured mortgage and secured by said msured mortgage at the time of ac- qUisition of such estate or interest In the land, or (ltd the amount paid by any govern. mental ar;ency or tnstrumentahty, If SUC~l a~ency or Instrumentaht), IS the IOsur~d claImant, in acqUIsition of such estate or Interest In satisfactIOn of Its Insurance contract or ~uar.anty (b) Continuation oC Insurance aCter Conveyance of Title The coverage of thiS policy shall continue in force as of Date of Poltcy, tn favor of an Insured so long as such Insured retains an estate or interest m the land, or owns an mdehtedness secured by a purchase money mortgaJ!:e given by a purchaser from such msured, or so long as such m. sured shall have habillty by reason of covenants of warranty made by such in sured tn any transfer or conveyance of ~uch estate or mterest; prOVided, howevel, thiS pohcy shall not conttnue In force III favor of any purchaser from such Insured of either said estate or Interest or the tn- debtedness secured by a pun-hase money mortgage given to such insured 3. Defense and Prosecution oC Ac- tions-Notice oC Claim to be Given by an Insured Claimant (a) The Company, at ItS own cost and Without undue delay, shall pro\'lde for the defense of an msured m litigatIOn to the extent that such litigatIOn Involves an alleged defect, lien, encumbrance or other matter Insured against by thiS pohcy. (b) The Insured shall noufy the Com- pany promptly In writmg (I) In case of any htlj:;atlon as set forth In (a) above, (II) In case knowledge shall come to an insured hereunder of any clum of tItle or Interest which IS adverse to the title to the estate or mterest or the hen of the Insured mortgage, as Insured, and which mIJ:"ht cause loss or damage for whJch the Company may be liable by virtue of thIS policy, or (III) If title to the estate or tn. terest or the lIen of the msured mortgage, as Insured, IS rejected as unmarketable If such prompt notice shall not he j:;1\en to the Company, then as to such Insured all liability of the Company shall cease and termmate III regard to the matter or matters for whujh such prompt notice is reqUired, provided, however, that fall. ure to notify shall In no case prejudice the TIghts of any such insured under thiS poltcy unless Ihe Company shall be pre- judiced hy such faliure and then only to the e"(tent of such prejudice (c) The Company shall have the rIght at its own cost to mstltute and Without undue delay prosecute any actIOn or pro- ceedmn or to do any other act whICh 10 Its opiOlon may be necessary or desir- able to estabhsh the title to the estate or Interest or the hen of the Insured mort. ~aj:!;e, as Insured, and the Company may take any appropriate action, whether or not It shall be hable under the terms of this pohcy, and shall not thereby con- cede ha1)111ty or waive llny prOVision of thIS policy (d) Whenever the Company shall have brou~ht any action or interposed a defense as required or permitted by the proVISions of this pohcy, the Company may pursue any such litl~ation to final determlnatlon by a court of competent Jurisdiction and expressly reserves the TIght, m Its sole discretIOn, to appeal from any adverse jud~ment or order (e) In all cases where this policy per- mits or requires the Company to prose. cute or prOVide for the defense of an} action or proceeding, the Insured here- under shall secure to the Company the rlp;ht to so prosecute or prOVide defense III such actIOn or proceeding, and all appeals therem, and permit the Company to use, at Jt<; oplion, the name of such msured for such purpose Whenever requested by the Company, such insured shall give tbe Company, at the Company's expense. all reasonable aId (I) In any such actIOn or proceeding III effeclmg settlement, secur. mg eVidence, obtammg Witnesses, or prose_ CUtlllg or defendmg such actIon or pro. ceedmj:;, and (2) m any other act whl('h In -the opinIOn of the Company may he necessary or desirable to establIsh the title to the estate or interest or the hen of the Insured mortgage, as Insured, In. eluding hut not hmIled to execlltmg cor- rective or other documents 4. ProoC of Loss or Damage. Limi. totion oC Action In addition to the notices reqUired un- der Para~raph 3(b) of these ConditIOns and StlpulatioAs, a proof of loss or dam- age, slJ!;ned and sworn to by the msured claimant shall he furnished to the Com- pany withm 90 da.ys after the lllSU ed claImant shall ascertain or determine the facts glvmJ!: rise to such loss or damage Such proof of loss or damage shall de- scnbe the defect In, or hen or encum. brance on the title. or other matter In sured ap;ainst by thiS pohcy which con- stItutes the hasls of loss or damage, and, when appropnate, state the baSIS of cal- culating the amount of such loss or dam- aee Should such proof of loss or damage fall to state facts sufficH~nt to enahle the Company to determine Hs habllIty here- under, Insured claimant, at the written request of Company, shall furmsh "uLh additIOnal mformatlon as may rea..onahly he necessary to make such determma.ion No TlJ!ht of actIOn shall accrue to in- sured claimant until 30 days after sudl proof of loss or damage shall have heen furmshed Failure to furnish such proof of loss or dama~e shall terminate any hablhtr of the Company under thiS poilcy as to such loss or damage 5. Options to Payor Otherwise Settle Claims and Option!l to Pur- cho!le Indebtedness The Company shall have the optIOn to (Condll1or.s and Stipulahons Contmued and Concluded on Last J;'age of tb.IS Poltcy) '-''-''HUl''',", ,......,,'"' 1"'" l"I.DDU<.:IUUUll Standard Coverage Pohcy-1973 SCHEDULE A Date of rohcy: Amount of Insurance: S 2,000.00 December 9, 1974 at 7:30 A.M. Policy No: Charge S 7216209-45 50.00 1 Name of Insured: CITY OF ARCADIA 2. The estate or interest m the land described herem and which is covered by this polIcy is: A fee simple :1. The e~tate or mterest referred to herein is at Date of Policy vested 10: CITY OF ARCADIA '1. The land referred to in this policy is situated m the State of California, County of and dc~cnLcd as follows: Los Angeles That portion of Lot 34 in Block 82 of Arcadia Santa Anita Tract, in the City of Arcadia, as shown on map recorded in Book 15 Pages 89 and 90 of Miscellaneous Records in the office of the County Recorder of said County, described as follows: Beginning at the Northwesterly corner of said Lot; thence Easterly along the Northerly line of said Lot a dista~ce of 151.60 feet to the North- easterly corner of said Lot; thence Southerly along tqe Easterly line of said Lot to the Southerly line of the Northerly 6.00 feet of said Lot; thence Westerly along said Southerly line to the beginning of a tangent curve concave Southeasterly having a radius of 15.00 feet, said curve also being tangent at its Southerly terminus to the Westerly line of said Lot; thence Southwesterly along the arc of said curve to said Southerly terminus; thence Northerly along the Westerly line of said Lot to the point of beginning. . P-ZII:I-B (G::; ) Kev 1:1-./3 Cahfornla Land TI tie Association Standard Coverage Pohcy-I973 SCHEDULE B This policy does not Insurc against loss or damage, nor against costs, attorneys' fees or expenses, any or all of whICh ame by reason of the following: PART I 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records. Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or hy the public records. 2. Any facts. rights, interests or claIms which are not shown by the public records hut which could be ascertained by an H1spectlOn or the land or by makmg inqUiry of persons In possession thereof. 3. Easements, hens or encumhrances, or claims thercof, which are not shown by the public records. 4. Discrepancies, conflicts 111 houndary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and whIch are not shown by the public records. 5. (a) Unpatented nUlllng claims; (b) reservatIOns or exceptIons in patents or in Acts authorizing the Issuance thereof; (c) waler righls, claIIns or tItle to water. 6. Any right. Litle. lIlteresL estate or easement in land beyond the hnes of the area specifically descnbed or referred to in Schedule A, or III ahuttIng streets. roads, avenues. alleys, lanes, ways or waterways, but nothing in this paragraph shall modIfy or limit the extent to winch the ordlllary right of an abutting owner for accesS to a phYSIcally open street or 11Ighway is Insured by thiS policy. 7. Any law. ordinance or governmental regulatIOn (Including but not limited to building and zoning ordinances) restricting or regulating or prohIbiting the occupancy, use or enjoyment of the land, or regulatIng the character, dlmenslOns or locatIOn or any improvement now or hereafter erected on the land, or prohibiting a separation in ownership or a reduction in the dimenSIOns or area of the land. or the effect of any violation of any such law, ordInance or governmental regulatIOn. 8. Rights of emlllent domalll or governmental nghts of police power unless notice of the exercise of such rights appears. In the publiC records 9. Defects, liens, encumbrances, a(kerse claims, or other matters (a) created, suffered, assumed or agreed to by the 1115ured claimant; (b) not shown by the public records and not otherwise excluded from coverage but known to the lllsured claimant either at Date of Poiley or at the dale such claimant acqUIred an estate or interest insured by this policy or acquired the Insured mortgage and not dIsclosed in \\'nting by the Illsured claimant to the Company pnor to the date such insured c1allnant became an lflsured hereunder; (c) resulting in nO loss or damage to the Insured claimant; (d) attaclung or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustallled If the insured claimant had been a purchaser or encum- brancer for value Without knowledge. (Schedule B continued on next page of th,s Policy) ~,~..~~,~ .....VT".~\oI" . "....1-.."" PART II 1. General and special County and City taxes for the fiscal year 1974-1975, including personal property taxes, if any: Total $2049.68 First Installment 1024.84 Personal property taxes: none Penalty 61.49 Second Installment 1024.84 Affects: this and other property 2. A notice of proceedings for redevelopment of the Central Redevelopment project Area of the City of Arcadia, under the provisions of the California Community Redevelopment Law, recorded December 28,1973 as Instrument No. 4927 in Book,M-4557, Page 429, Official Records. 3. The effect of the provisions of the redevelopment plan for the Central Redevelopment Project Area of the City of Arcadia as approved and adopted December 26, 1973 by the City Council of the City of Arcadia, by Ordinance No. 1490, as disclosed by the above recorded notice. . ..> /, o , : ~ ," ., , \ " "f I ' ,THIS'~ NOT A SUIItV('( Of' TH( LAND IUT IS COM"'lfD '0_ ';, '~', " ': ,'~ ",' .' , ~ ' , ',I " /';' , . :',' . .' '~, . . ., ' " I 1, ':~"c.' """ " '. " , , " / J:,~ .. " ,; :"" "-,. '" ," . " , ' , ,'. '" '., ~"' .~ .It '. ~ " ~ ,~ . ;Co ~. ~ ~ '" , , .' ,'" ,., ~.t , ": " . ' ~ " " '(),' 'II' '.', ',' ',' . , , .. ,".V' l~ '/' '!' '.' " ' , .'.~' ., ',' p'" '" .' ., ?;'-' ') '. ....~ . I"~ ',',r. '1f.~ ," i ,I '" ., I' ,l " ~ '. " C()L(JRA 00 BL V CJ . , - ;; - .s~ _'0 .;0 ~',::, .sO 5- ,.~~ 1'{O .so >> .so I~ 4.~1 " ~ .].4 ~ ,aJ ~ 1,$/ Ii ' ., ~ /51 (-9 '. 'b I ,I ~ " .;J ~ ~ ~ " ./1 -~ 1.</ ' '.sf .so 2~ 28 27 kG zs 24- 2.1 22 21'" <$"16.J 101 ~ ... 19 ~ \\ " ';2 .... . ~ Bi,e ?2 ::> " ~ /Sl.~ --- .01 c. " - , i ~ I t , . "'-~- .-~ 0 r. ,~, "1 ",1t' " . .17' ~ ~ /",-:,~ --1 ~ . .10-:1 - 'J' .If( ~ ~ ,,~ ~ ~ /s/ '.1' ~ .I~ , ., '0 $'b '" 4-/ ~.9 I.. l) ~ " ~ . Go .I. ....0 ~o "0 . S'o r. ....0 n, .... o ~ ~ . L'-'" POJ!! T~ ~r. . ~-:-~l " /1l.S 4,p -.0:-.....'''-- .' , . ,,,,,~, -e:~, '." L- _ -'-; '"'t", ,~,,' ,'. ~,. ',' I :1 '. . , " " '.. .-9RC;<;>,oh9 ..s -9 A../ r,<} -9AJ/ r", 7A?"9C'T " .. ' ~or.:1 . .e~OC< Sf!: " , , ..,.,~ ....~;.(:'d..Y /-.34 :' IN'O"MATION ONl,Y 'IItOM DATA SHOWN BV O"IC''''L ~!COROi ". :'"W', ',1.,"';,: ' ,I't',' , , ,I '('~ "~' , i -.. " ' CONDITIONS AND STIPULATIONS (Continued and Concluded From .Reverse ~i1de of Policy Face) payor otherwIse settle for or in the name of an insured claimant any claim Insured attamst, or to terminate all habtlity and obhA"atlOns of the Company hereunder hy paying or tendering payment of the amount of IOsurance under this pohcy together with any costs, attorneys' fees and expenses IOcurred up to the time of such payment or tender of payment by the insured claImant and authorized hy the Company In case loss or dama~e IS claimed under thiS pohcy by the owner of the mdebtedness secured by the insured mortgage, the Company shall have the further option to purchase such mdebted. ness for the amount owmg thereon to- gether With all ('osts, attorneys' fees and expenses which the Company is obligated hereunder to pay. If the Company offers to purchase said mdebtedness as herem prOVided, the owner of such mdebtedness shall transfer and assign said mdebtedness and the mortgage and any collateral se. curing the same to the Company upon payment therefor as herem proVIded Upon such offer b~lng made by the Company, all hablhty and obligations of the Com- pany hereunder to the owner of the in- debtedness secured by said msured mort- ~age, other than the obhgdtlon to pur- chase said Indebtedness pursuant to thiS paragraph, are termmated. 6. Determination and Payment of Lo.. (a) The liability of the Company under this policy shall In no CDse exceed the least of (i) the actual loss of the Insured claimant, or (ii) the amount of insurance stated in Schedule A, or, If applicable, the amount of msurance as defined In para- graph 2 (a) hereof, or (iu) If thiS POlICY insures the owner of the mdehtedness secured by the insured mortgage, and provided said owner IS the msured claimant, the amount of the un- paid prinCipal of said indebtedness, plus interest thereon, prOVIded such amount shall not Include any additIOnal prmclpal mdebtedness created subsequent to Date of Pohcy, except as to amounts advanced to protect the hen of the insured mortgage and secured therehy. (b) The Company WIll pay, In ad. ditlOn to any loss insured against by thIS pohcy, all costs Imposed upon an Iflsured In litigation earned on by the Company for such insured, and all costs, attorneys' fees and expenses In litigation carrIed on by such Insured With the written author. ization of the Company (c) When the amount of loss or dam. a~e has been dellmtely fixed 10 accor- dance With the conditions of thIS policy, the loss or dama~e shall be payable with- in 30 days thereafter. 7. Limitation of Liability No claim shall aTlse or be maIntaltlable under this pohcy (a) If the Company, after having receIVed notice of an alleged defect, hen or encumbrance msured against hereunder, by litigatIOn or other- Wise, removes such defect, hen or em,um- brance or estabhshes the title, or the hen of the Insured mortji!;age, as Insured, with. In a reasonable tIme after receipt of ~uch P-218 (G S) Rev 8.93 notice: (b) in the event of htl~atlon untIl there ha<; heen a final determmatlOn by a court of competent }unsdl\:.tlon, and dIspositIOn of all appeals therefrom, ad- verse to the title or to the hen of the in- sured mortp;ag:e, as Iflsured, as proVIded In paragraph 3 hereof, or (c) for liability voluntarIly admitted or assumed by an msured without prior Written consent of the Company 8. Reduction of Insurance j Termin. ation of Liability All payments under this pohc)', except payment made for costs, attorneys' fees and expenses, shall reduce the amount of the Insurance pro tanto, prOVided, how. eloer, If the owner of the Indebtedness se{'ured hy the msured mortgage IS an m. sured hereunder, then such payments, pTlor to the acquisitIOn of litle to said estate or Interest as prO\lded In paragraph 2(a) of these ConditIOns and StipulatIOns, shall not reduce pro tanto the amount of the Insurance afforded hereunder as to any such Insured, except to the extent thllt su{'h payments redu{'e the amount of the mdebtedness sel,Ured by such mortgage PlIyment m full by any person or vol- untary so.tlsfactloIl or release of the 10- sured mortgage shall terminate all habll- Ity of the Company to an Insured owner of the mdebtedness secured by the Insured mortgage, except 8S proVided In paragraph 2(a) hereof 9. Liability Noncumulative It IS expressly understood that the amount of lJl~uranre under thIS pohey, as to the Insured owner of the estate or mterest covered by thIS pohcy, shall he reduced hy any amount the Company may pay under any pohcy inSUrIng (a) a mortgage shown or referred to in Schedule B hereof whICh IS a lien on the estate or interest covered by thiS pohcy, or (b) a mortgage hereafter executed by an insured whICh IS a charj2;e or hen on the estate or mterest deSCrIbed or referred to In Schedule A, and the amount so paid shall be deemed a payment under thIS polll y. The Company shall have the optIOn to apply to the payment of any such mort- gage any amount that otherwise would be payable bereunder to the insured owner of the estate or Interest covered by thl<; policy and the amount so paid shall be deemed a payment under this polIcy to said msured owner. The prOVISions of thiS parsj2;raph 9 shall not appl} to an owner of the mdehtedness secured by the Insured mortgage, unlChS such Insured acqUires tide to said estate or mterest III <;atl<;fa('tlOn of saId mdeht. edne~s or nn)' part thereof 10. Subrogation Upon Payment or Settlement Whenever the Company shall have paId or settled a (Ialm under this pohcy, all Tlj2;ht of suhroJ:atlOn shall lo'est In the Com- pany unaffe{'ted by any act of the Insured {'llllmllnt, except that the owner of the In- debtedness sc{'ured by the Insured mort- ~age may releu'ie or substitute the per- sonal hablllt} of any debtor or guarantor, or extend or otherWise modify the terms of payment, or release a portion of the estate or ,"terest from the hen of the insured mort~age, or relellse any collateral securIty for the Indebtedness, prOVided such act occurs pnor to receipt hy such Insured of notice of any claIm of title or mterest adverse to the title to the estate or Interest or the pnorIty of the hen of the insured mortgage and does 110t result In any loss of prlonty of the hen of the insured mortgage The Company "hall he suhrogated to and be entitled to all rights and remedIes which such msured claimant would have had agamst any person or property 10 respect to such claim had thiS polICY not lIeen Issued, and the Company IS hereby authoTlzed and empowered to sue, compromise Or settle In Its name or In the name of the Insured to the ftIll extent of the loss sustained by the Company If requested by the Company, the Insured shall execute any and all documents to eVIdence the WIthin subrogation If the payment does not cover the loss of such Insured claimant, the Company shall be suhrogated to such TIghts and remedies In the proportIOn which saId payment bears to the amount of said loss, but such subrogation shall be m subordulatlon to an Insured mortga~e If loss should result from any act of such insured claimant, such act shall not VOid thiS pohcy, hut the Company, m that event, 'ihall as to such msured claImant be reqUired to pay only that part of -any losses msured agaInst hereunder which shall ex{'eed the amount, If any, lost to the Company by reason of the Impairment of tho right of subrogation. 11. Liability Limited to thiIJ: Policy This Instrument together With all en- dorsements and other mstruments, if any, attached hereto by the Company is the entire pohcy and contract between the lIlsured and the Company Any claim of loss or damage, whether or not based on ne~hgence, and which arises out of the status of the lien of the Insured mortgage Or of the title to the estate or mterest covered hereby; or any action asserting such claim, shall be re- stricted to the provu.;ons and rondlllons and stIpulations of this pohcy. No amendment of or endorsement to thiS poltcy can be made exrept by writing en. dorsed hereon or attached hereto signed hy either the PreSIdent, a Vice President, the Secretary, an ASSistant Secretary, or vahdating officer or authOrized signatory of the Company No payment shall be made Without pro- duclllA" thIS pohcy for endorsement of such payment unless the policy he lost or de- stroyed, In which {'ase proof of such loss or destrucuon shall be furnished to the satisfaction of the Company 12. Notice!!. Where Sent All notices req\llred to he given the Compo.ny and an} statement In WrIting reqUIred to be furnished the Company shall be addressed to It at the office which Isslled thiS poh{'y or to ItS Home Office, 13640 RO'i{'oe Bouleloard, Panorama City, Callfornlll 91409. 13. THE CHARGE SPECIFIED IN SCHEDULE A IS THE ENTIRE CHARGE FOR TITLE SEARCH, TITLE EXAMINATION AND TITLE INSURANCE.