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Pollcy 1~. 7605591-45
PART II
1. General and special taxes for the fiscal year 1976-1977, a llen not
yet payable.
2. An easement for utilities and incidental purposes as provided in
the deed recorded JanUBJ:y 8, 1959 as Instrument NO. 2707.
Affects. The tleeterly 6 feot.
3. A notice of proceedings for redevelopment of tblD Central Redevelopment
Project Area of the City of Arcadia, under the provbion8 of the california
Community 'Redevelopment Law, recorded December 28, 1973 a8 Instrument
No. 4927, in Book 1-14557 Page 429, Official Record8.
4. The effact of the provi8ion8 of the redevelopment plan for the
Central Redevelopment Project Area of the City of Arcadia a8 approved
and adopted December 26, 1973 by the Cit:y eounoil of the City of Arcadia,
by Ord1nanc:o 1\'0. 1490, IlIId recorded July 16, 1975 as Instrument NO.
3632, in !look NS065 Pago 1, Official ReClOrde.
P-219-B (G.S.) Rev, 8.73
Calilornia Land Title Association
Standard Coverage Policy-1973
SCHEDULE B
This policy does not insure against loss or damage, nor against costs, attorneys' fees or expenses, any
or all of which arise by reason of the following:
PART I
l. 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 by the public records.
2. Any facts, rights, interests or claims which are not shown by the public records but which could be ascertained
by an inspection of the land or by making inquiry of persons in possession thereof.
3. Easements, liens or encumbrances, or claims thereof, which are not shown by the public records.
4. Discrepancies, conflicts in boundary 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 mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance
thereof; (c) water rights, claims or title to water.
6. Any right, title, interest, estate or easement in land beyond the lines of the area specifically described or referred
to in Schedule A, or in abutting streets, roads, avenues, alleys, lanes, ways or waterways, but nothing in this
paragraph shall modify or limit the extent to which the ordinary right of an abutting owner for access to a
physically open street or highway 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,
dimensions or location of 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 eminent domain or governmental rights of police power unless notice of the exercise of such rights
appears in the public records.
9. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed or agreed to by
the insured claimant; (b) not shown by the public records and not otherwise excluded from coverage but known
to the insured claimant either at Date of Policy or at the date such claimant acquired an estate or interest
insured by this policy or acquired the insured mortgage and not disclosed in writing by the insured claimant
to the Company prior to the date such insured claimant became an insured hereunder; (c) resulting in no lo!;s
or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting
in loss or damage which would not have been sustained if the insured claimant had been a purchaser or encum-
brancer for value without knowledge.
(Schedule B continued on next page of this Policy)
SCHEDULE A
/
AmOunt of Insurance. $110,000.00
oate of Policy. OC1:ober 29, 1976 at 2.11 p.lII.
Policy NO. 7605591-45
ChugA $324.19
1. NaIIIe of In.ured.
CITY OF ARCADIA
a Municipal corporation
11474
2. The estate or interest in the land de8<l:r:ibod her.in and whioh
18 covered by this pollcy 18.
A Fee
3. The estate or interest referred to herein is at oate of Policy
'nlllted in.
CITY OF ARCADIA,
a Municipal C07:pOration
4. The land reterred to in this policy is situated in the state
of Calitornia, COunty of LOs Angelos, antS doscribed as tollows.
The Wellt 95.19 feet of LOt 30, 'l'raO't 3430, in the City ot Aroadia,
as per map recorded in llook 42, Page 32 ot Mapa, in the oftice ot
the county :RecOrder.
CONDITIONS Al'ID STiPULA,TIONS,
1. Definition of T~rms
The rollowin~ terms when used in this
policy mean:
(8) "insured": the insured named in
Schedule A. and. subject to any rights or
defenses the Company may have had
against the named il1sured, those who
succeed to the interest of such insured by
operation of low as distinguished from
purchase includin~. hut not limited to.
heirs. dislrihulees, devisees, survivors. per.
sonal representatives, next of kin, or cor-
porate or fiduciary SUccessors. The term
"insured" also includes (i) the owner of
the indehtedness secured by the insured
mort~np;e and each SUCcessor in ownership
of such indebtedness (reserving, however,
all rights and delenst=s as to any such
successor who acquires the indebtedness
by operation of law 8.s described in the
first sentence of this subparagraph (a)
that the Company would have had against
the successor's transferor), and further
includes (ij) Dny governmental agency or
instrumentality which is an insurer or
guarantor under an insurance contract or
guaranty insurinJ;!: or guaranteeinp: said
indebtedness, or any pllrt thereof, whether
named as an insured herein or not, and
(iii) the parties designated in paragraph
2(a) of these Conditions and Stipulations.
(b) "insured claimant": an insured
claiminp; loss or damal;e hereunder.
(c) "insured lender": the owner of an
in.sured mortgap;e.
(d) "insured mort~age": a mortga6e
shown in Schedule n, the owner of which
is named as an - insured in Schedule A.
(e) "knl?wledge": actual knowledge,
not constructive knowledge or notice
which may be imputed to an insured by
reason of any public retords.
(f) "land": the land dese;ribed, spe.
cifically or by reference in Schedule A,
and 'improvements affixed thereto which
by law constitute real property; provided,
however, the term "land" does not include
any area excluded by Paragraph No. 6
of ~art I uf Schedul(: 1J, of this Policy.
(p;) "mortgage": mortgage, deed of
trust, I trust deed, or other security instru.
ment.
(h) "public records": those records
which by law impart constructh'e notice
of matters relating to the land.
2, (a) Continuation of Insurance
after Acquisition of Title by Insured
Lender
If this policy insures the owner of the
indebt,edness secured by the insured mort.
gage, this policy shall continue in force
as of Date of Policy in favor of such -in.
sured who acquires all or any part of the
estate or interest'lin the land descrihed
in Schedule A by fQreclosure, trustee's
sale, conveyance in lieu of foreclosure, or
other lep;al manner which discharges the
lien of the insured mortp;age, and if such
insured is a corporaticlR, its transferee of
the estate or interest S4 acquired, provided
the transferee is the parent or wholly
owned subsidiary of sl.1ch insured; and in
favor of any J;!:overnmental a~ency or in-
strumentality which acquires all or any
part of the estate or Interest pursuant to
a conlra!:t of insurance or guaranty in.
surinA: or guaranteeing the indebtedness
secured by the insured mortgage. After
any such acquIsitIOn the amount of insur.
ance hereunder, exclusive of costs, attor.
neys' fees and expenses which the Company
may he obli~ated to pay, shall not ex-
ceed the least of:
, (i) the amount of insurance stated in
Schedule A;
(ii) the amount of the unpaid prin-
cipal of the indebtedness plus interest
thereon, as determined under paragraph
6(a) (Hi) hereof, expenses of foreclosure
and amounts advanced to prqtect the lien
of the insured mortga~e and secured hy
said insured mortgage at the time of ac-
quisition of such estate or interest in the
land; or
(Hi) the amount paid by any p;overn-
mental agency or instrumentality, if suc!'!
ap;ency or instrumentality is the insured
claimant, in acquisition of such estate or
interest in satisfaction of its insurance
contract or /!;uaranty.
(b) Continuation of Insurance
after Conveyance of Title
The coverage of this policy shall continue
in force as of Date of Policy, in favor of
an insured so lonp; as'such insured retains
an estate or interest in the land, or owns
an indebtedness secured hy a purchase
money mortgaj!;e /!;iven by a purchaser
from such insured, or so long as such in-
sured shall have liability by reason of
covenants of warranty made by such in.
sured in any transfer or conveyance of
such esta~e or interest; provided, however,
this policy shall not continue in force in
favor of any purchaser from such insured
of either said estate or interest or the in-
debtednes~ secured by a purchase money
mortgage J;!:iven to such insured.
3, Defense and Prosecution of Ac-
rions-Norice ot Claim to he Given
by an Insured Clainumt
(a) The Company, at its own cost and
without undue delay, shall provide for the
defense of an insured in litigation to the
extent that such litigation involves an
alleged defect, lien, encumbrance or other
matter insured against by this policy.
(b) The insured shall notify the Com-
pany promptly in writing (i) in case of
any litigation as set forth in (a) above,
(ij) in case knowledge shall come to an
insured hereunder of any claim of title
or interest which is adverse to the title
to the estate or interest or the lien of the
insured mortgaj!;e, as insured, and which
might - cause loss or damage for which the
Company may be liable by virtue of this
policy, or (iii) if title to the estate or in.
terest or the lien of the insured mortgage,
as insured, is rejected as unmarketable.
If such prompt notice shall not be .given
to the Company, then as to such insured
all liability of the Company shall cease
and terminate in regard to the matter or
matters for which such prompt notice
is required; provided, however, that fail-
ure to notify shall in no cas,' prejudice
the rights of any such insured under this
policy unless the Company shall be pre-
judiced by such failure andl then only
to the extent of such' prejudice.
(c) The Company s~ve the right
at its own cost to institute and without
undue delay prosecute any action or pro-
ceedinJ;!: or to do any other act which in
its opinIOn may be necessary or desir-
able to establish the title to the estate
or interest or the lien of the insured mOrt-
p;age, as insured; and the Company may
take any appropriate action, whether or
not it shall he liable under the terms of
this policy, and shall not thereby con.
cede liability or waive any provision of
this policy.
(d) Whenever the Company shall have
brought any action or inrerposed a defense
os required or permitted by the provisions
of this policy, the Company may pursue
any such Iitip;ation to final determination
by a court of competent jurisdiction and
expressly reserves the ri~ht, in its sole
discretion, to appeal from any adverse
judJ!;ment or order.
(e) In all cases where this policy per.
mits or requires the Company to frose-
cute or provide for the def.ense 0 any
action or proceeding, the insured here.
under shall secure to the Company the
riRht to so prosecute or provide defense in
such action or proceedinl!, and all appeals
therein, and permit the Company to use,
at . its option, the name of such insured
for such purpose. Whenever requested by
the Company, such insured shall ,:;ive the
Company, at the Company's expense, all
reasonable aid (l) in any such action or
proceed in,:; ih effectinR settlement, secur.
inl!: evidence, obtaining witnesses, or prose-
cutinJ!; or defending such' action or pro.
ceeding, and (2) in any other act which
in -the opinion of the Company may he
necessary or desirable to establish the
title to the estate or interest or the lien
of the insured mortga~e, as insured, in-
cluditl~ hut not limited to c.'I(ecuting Cor-
rective or other documents.
4. ProoC of WllS or Damage - Lind.
tation 'of Action
In addition to the notices required un.
der Paral!raph 3(b) of these Conditions
and StipulatioRs, a proof of loss or dam-
ap;e, sip;ned and sworn to by the insured
claimant shall be furnished to the Com-
pany within 90 days after the insu~ed
claimant shall ascertain or determine' the
facts p;iving rise to such loss or damap;e.
Such proof of loss or damage shall de-
scribe the defect in, or lien or encum-
brance on the title, or other matter in.
sured against by this policy which con-
stitutes the basis of loss or dama!!e, and,
when appropriate, state the basis of cal.
culatinp; the amount of snch loss or dam-
8p;e.
Should such proof of loss or damage
fail to state facts sufficient to enahle the
Company to determine its Iiahility here-
under, insured claimant, at the written
request of Company, shall furnish stich
additional information as may rea:,onahly
he necessary to make such determina:ion.
No rip;ht of action shall accrue to in.
sured claimant until 30 days after stich
proof of loss or damaJ!;e shall Ilave been
furnished. '
Failure to furnish such proof of loss or
dama!!e shall terminate any Iiahility of
the Company under this policy as to sueh
los:, or damage.
5. Options to Payor Otherwise
Settle Claims and Options to Pur-
chase Indebtedness
The Company shall ha\'e the option to
(Conditions and Stipulations Continued and Concluded on Last Page of this Policy)
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SAFECO
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CLTA,I973
STANDARD COVERAGE
POLICY OF TITLE INSURANCE
issued 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 105s or da~age, 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:
l. Title to the estate or interest described in Schedule A being vested other than as
stated therein;
2. Any defect in or lien or en<;:umbran.ce on such title;
3. Unmarketahility of such title; or
4. Any lack of the ordinary right of an abulting 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 llddition, 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 insured mortgage and is based upon
a. usury, or
b. any consumer credit protection or truth in lending law;
G. 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 priority; or
7,
IllYalidity of any assignment of the insured mortgage, provided such assignment
is shown in Schedule B.
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Secretary
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An Authorized Signature
P.218 (G.S.l Rev, 8.73
MARK H. BLOODGOOD
AUOITOR.CONTA,OL.L.ER
COUNTY OF LOS ANGELES / AUDITOR-CONTROLLER -
TAX DIVISION R E e E i V t:: D
153 HALL OF ADMINISTRATION, LOS ANGELES, CAL. 90012
(213) 974,8361
February 3, 1977
THOMAS J. KOZLOWSKI
DANIEL O. IKEMOTO
ASSISTANT AUDITOR.CONTROL.L.ERS
City of Arcadia
240 West Huntington Drive
Arcadia, California 91006
Attention: Charles J. Liberto
City Attorney
SlJHJ]X:T: West 95.19 feet of Lot 30, of Tract 3430
acquired from N. Chistian/Sally S.
Datwyler, husband and wife.
Gentlemen:
Pursuant to your letter dated December 10, 1976
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 December 29, 1976
by Authorization No. 43047
Very truly yours,
MARK H. BLOOOOOOD
Auditor-Controller
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By Edward Guerrero, Chief
Tax Division
m/~/kk
Tax Div.
H-6
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5/76
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FEi3
7, 1977
CITY OF ARCADIA
CITY ATT("~NEY
EDWARD GUERRE'RO. CHIEF
TAX DIVISION
/<t)I.....CJO~
December 10, 1976
'"
Mr. Edward Guerrero, Chief
Tax Division, Auditor-Controller
500 We.t Telll>le Street, IlQom 153
Loa Angele., California 90012
Attention: Thelma Crutchfield
Tax Cancellation Seotion
SUBJECT :
REQUEST POR CANCELLATION OP TAXES
West t5.l9 feet of Lot 30, of Tract 3430
acquired from N. Christian/Sally S.
Datwyler, hu.band ~d wife
Dear Mr. Guerrero:
Plea.. oanoel a. of the date of r.~ording all tax..
on the property d..oribed in the attaohed copy of
Deed. This property is being aoquired by the City
of Arcadia for park purpo.... Th,re are DO buildinq.
on the property.
Very truly yours,
CBARLBS J. LIBERTO
City Attorney
CJL:zo
Attachment
co: Ci ty Clerk j
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BK07300pc386
CERTIFICATE OF ACCEPTANCE
This is to certify that the interest in real property conveyed or transferred
to the City of Arc~dia, a Municipal Corporation, by the deed, grant, conveyance
or instrument dated October 13, 1976 , from or executed
by N, CHRISTIAN DATWYLER AND SALLY S, DATWYLER , is hereby accepted
by the City of Arcadia by the order or authorization ,of the City Council of the
City of A!cadia, 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. 306~ in Book 56448, Page 264, Official Records of Los Angeles i
and the City of Arcadia consents to the recordation thereof by its duly
a officers'.
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thus described is hereby approved as
City Manager
adi 1I ~
City Engineer
The
,
RECpROING REQUESTED BY
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RlCOROS I
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Rl~R~~ p.tlGl~lS c~Cl 29 '\976 1
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AND WH.N l't~COADED MAIL TO
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Nome
City Clerk
P.O. Box 60
Arcadia, CA 91006
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Str..'
Add,.."
City &
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MAil TAX STATEMENTS TO
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Name
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Addr."
City of Arcadia
City &
StoleL
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SPACE ABOVE THIS LINE FOR RECORDER'S USE ,
Individual Grant Deed lEREE '2.--C-l
THIS FORM FURNISHED BY TICOR TITLE INSURERS
A..P.N.
TO 1923 C'" (fl.741
hereby CRANT(S) to
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The undersigned grantor(s) dec~
Documentary transfer tax is $
( ) computed on full value of property conveyed, or
( ) computed on full value less value of li~~~s remaining at time of sale.
( ) Unincorporated area: (I() City of
and
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
N. CHRISTIAN DATWYLER AND SALLY S. DATWYLER, husband and wife
the CITY OF ARCADIA, a Municipal Corporation
,"-,
the following described real property in the
County of Los Angeles
City of Arcadia
, State of California:
The West 95.19 feet of Lot 30, of Tract 3430, as per map recorded in, Book 42,
Page 32 of Maps, in the office of the County Recorder of said County.
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Free recording requested under
Gov. Code 6103. Document
necessary due to City acquiring'
title.
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Dated
October 13, ]976
STATE OF CALIFORNIA }
COUNTY OF Los Angeles 55.
On (fJ(llll.().JIJ , i?:', Iq-r~ befn,e me.. t,h,. und",
:1:i.gncu- a NOlluoY Public in aid for said Slall;'ll!:f!'J.lIlIlIh:\'ppeat,t'rl
N. Chr1st~an Datwy er and SaL y ~. DacWYLer
. known to me
are subscribed to the within
they executed the same.
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10 be the pcrs()n~whose namf' S
inslrument Ilnd acknowledged that
WITNESS my hand and official seal.
Cltiw ::t'. Jaj-h
Ifu U '- -rliFT
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OFFICIAL SEAL
ALICE L. TAFT
NOTARY PUBLIC . CALIFORN!A
PRINCIPAL OFFICE IN
ro~~ LOS ANGELES COUNTY
My Commission Expires June 26, 1918
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Signature
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Title Order No,
Escrow or Loan ~o.
"7 ~Cl.JF}l1 -.$<iT
MAil TAX STATEMENTS AS DIRECTED ABOVE
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TITLE INSURANCE
AND TRUST
A T1COR COMPANY
Individual
Grant Deed
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TITLE INSURANCE
AND TRUST
A TICOR COMPANY
COMPLETE STATEWIDE TITLE SERVICE
WITH ONE LOCAL CALL
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" Individual
Grant Deed
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TITLE INSURANCE
AND TRUST
A TICOR COMPANY
COMPLETE STATEWIDE TITLE SERVICE
WITH ONE LOCAL CALL
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, TITLE INSURANCE
AND TRUST
A T1COR COMPANY
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CONDITIONS AND STIPULATIONS (Continued and Concluded From. Reverse Side of Policy Face)
payor otherwise seule for or in the name
of an insured claimant any claim insured
ap;ainst, or to terminate all liability and
obli~ations of the Company hereunder by
paying or tendering payment of the
amount of insurance under this policy
together with any costs, attorneys' fees
and expenses incurred up to the time of
such payment or tender of payment by the
insured claimant and authorized by the
Company. In case loss or damage is
claimed under this policy hy, the owner
of the indebtedne!lg secured by the insured
mortg:ap;e, the Company shall have the
further option to purchase such indebted.
ness (or the amount owing thereon to.
gelher with all costs, attornc)..s' fees and
eIpenses which the Company is obligated
hereunder to pay. 1f the Company offers
to purchase said indebtedness as herein
provided, the owner of such indebtedness
shall transfer and assi~n said indebtedness
and the mort~a~e and any collateral se-
curing the same to the Company upon
payment therefor as herein provided. Upon
such offer hc;in~ made by the Company,
all liability and ohli~ations of the Com-
pany hereunder to the owner of the in.
debtedness secured by said insured mort-
~aJ?:e, other than the obligation to. pur-
chase said indebtedness pursuant to this
parn~raph, are terminated. !
6. Determination and Payment of
Lo..
(a) The liability of the Company
under this policy shall in no case eIceed
the least of:
0) the actual loss of the insured
claimant; or
(ii) the amount of insur~'nce stated
in Schedule A, or, if applicable, the
amount of insurance as defined in para.
~raph 2(a) hereof; or
(iii) if this policy insures the owner
of the indebtedness secured by the insured
mort~age, and provided said owner is the
insured claimant, the amount of the un-
paid principal of said indebtedness, plus
interest thereon, provided such amount
shall not include any additional principal-
indebtedness created subsequent to Date
of Policy, except as to amounts advanced
to protect the lien of the insured mortgage
and secured therehy.
(h) The Company will pay, in ad.
dition to any loss insured against by this
policr, all costs imposed upon an insured
in litigation carried on by the Company
for such insured, and all costs, attorneys'
fees and expenses in liti~ation 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 definitely fixed in accor.
dance with the conditions of this policy,
the loss or damage shall be payable with.
in 30 days thereafter.
7. Limitation of Liability
No claim shall arise or be maintainahle
under this policy (a) if the Company,
alter having received notice of an alleged
defect, lien or encumbrance insured
a~ainst hereunder, by litiA:8tion or other.
wise, removes such defect, lien or encum.
brance or establishes the title, or the lien
of the insured mortA:ap;e, as insured, with.
in a reasonahle time after receipt of such
P.218 (G,S.) Rev. 8.'13
notice; (b) in the event of Iiti<<ation ulltil
there has heen a final determination by
a court of competent jurisdiction, .and
disposition of all appeals therefrom, ad.
verse to the title or to the lien of the in-
sured mortj::;age, as insured, as provided
in paragraph 3 hereof; or (c) for liability
voluntarily admitted or assumed by an
insured without prior written consent of
the Compan}'.
8. Reduction of Insurance; Termin-
ation of Liability
All payments under this policy, except
payment made for costs, attomeys' fees
and expenses, shall reduce the amount of
the insurance pro tanto; provided, how.
ever, if the owner of the indebtedness
secured by the insured mortga~e is an in.
sured hereunder, then such payments,
prior to the acquisition of title to said
estate or interest as provided in para~raph
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 that
such payments reduce the amount of the
indebtedness secured by such mortga~e.
Payment in full by any person or vol.
untary satisfaction or release of the in-
sured mortp;aJl:e shall terminate all liabil-
ity of the Company to an insured owner
of the indebtedness secured by the insured
mort~ap;e, except as provided in paragraph
2(8) hereof._
9. Liability Noncumulative
It is expressly understood that the
amount of insurance under this policy, as
to the insured owner of the estate or
interest covered lIy this poHcy, shall be
reduced by any amount the Company may
pay under any policy insuring (a) a
mort~ap;e shown or referred to in Schedule
B hereof which is a lien on the estate
or interest covered by this policy, or (b)
a mortJ!;ap;e hereafter executed by an
insured which is a charp:e or lien on the
estate Or interest described or referred to
in Schedule A, and the amount so paid
shall be deemed a payment under this
policy. The Company shall have the option
to apply to the payment of any such mort.
p;ap;e any amount that otherwise would
he payable hereunder to the insure<l owner
of the estate or interest co\'ered by this
policy and the amount so paid shall be
deemed a paymenl under this policy to
said insured owner.
The provisions of this paraJ!;raph 9 shall
not apply to nn owner of the indebtedness
secured by the insured mortgap:e, unl~s
such insured acquires title to said estate
or interest in sath:Jartion of said indebt-
edness or any part thereof.
10. Subro"alion Upon Payment or
Settlemenl
Whenever the Company shall have paid
or settled a claim under this policy, all
right of suhrogation shall vest in the Com.
pany unaffected by any act of the insured
claimant. c'(cepl thai the owner of the in.
debtedness se{:lIred Ity the insured mort.
l!age may release or substitute the per-
sonal liability of any dehtor or j!uarantor,
or extend or otherwl~e modify the terms
of payment, or release a portion of the
estate or interest from the lien of the
I
insured mortgage, or release any collateral
security for the indebtedness, provided
such act occurs prior 10 receipt by' such
insured of notice of any claim of title or
interest adverse to the title to the estate
or interest or the priorily of the lien of
the insured mort~ap;e and does not result
in any loss of priority of the lien of the
insured mortgage. The Company shall be
subro~ated to and he entitled to all i-ights
and remedies which such insured claimant
would have had against any person or
property in respect to such claim had this
policy not been issued, and the Company
is hereby authorized and empowered to
sue, compromise or settle in its name or in
the name of the insured to the full extent
of the loss sustained by the Company.-
If requested by the Company, the insured
shall execute any and all documen'ts to
evidence the within subro~ation. If the
payment does not cover the loss of I such
insured claimant, the Company shall be
subrop;ated to such rip:hts and remedies
in the proportion which said payment
bears to the amount of said loss, but such
suhro~ation shall be in subordination to
an insured mortgage. Jf loss should result
from any act of such insured claimant,
such act shall not void this policy; hut the
Company, in that" event, shall as to I stich
insured c1aima~t he required to pay, only
that part of any losses insured against
hereunder which shall exceed the amount,
if any, lost to the Company by reason of
the impairment of the right of subrogation.
\
II. Liubility Limited to this Policy
This instrument together with - all en.
dorsements and other instruments, if any,
attached hereto by the Company is the
entire policy and contract between' the
insured and the Company. I
Anr claim of loss or damage, whether
or not based on ne~1igence, and which
arises oul of the status of the lien of the
insured mortp;a~e or of the title to the
estate or interest covered hereby, or any
action assertinp; such claim, shall be reo
stricted to the provisions and conditions
and stipulations of this policy. I
No amendment of or endorsement to this
policy can he made e'Xcept by writin~ en.
dorsed hereon or attached hereto signed
by either the President, a Vice President,
the Secretary. an Assistant Secretary, or
va)idatin~ officer or authorized signatory
of the Company.
No parment shall be made without pro'
ducing this policy for endorsement of 'such
payment unless the policy he lost or de.
strayed, in which case proof of such I loss
or destruction shall he furnished to the
satisfaction of the Company.
12. Notices, Where Sent
All notices required to be ~iven the
Company and any statement in writing
required to be furnished the Company
shall he addressed to it at the office
which isslled this policy or to its Home
Office, 13610 Rosroe Boulevard, Panorama
City, California 91409. I
13, THE CHARGE SPECIFIED I IN
SCHEDULE A IS THE ENTIRE
CHARGE FOR TITLE SEARCH,
TITLE EXAMINATION AND TITLE
INSURANCE, '
SAFECO TITLE
INSURANCE COMPANY
,
,
,
,
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POLICY OF
. ,
, TITLE
, ,
.INSURANCE,
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SAFECO
SAFECO TITLE
INSURANCE COMPANY
HOME OFFICE
13640 ROSCOE BOULEVARD
PANORAMA CITY, CALIFORNIA 91409
SAFECO TITLE
INSURANCE COMPANY