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HomeMy WebLinkAboutD-2047 J.,. l' ,',I " .J' , ..~ r . ,J. " c:'( -3 J CERTIFICATE OF ACCEPTANCE This is to certifyi that the interest in real property conveyed or transferred to the City of Arcadia, a Municipal Corporation, by the deed, grant, conveyance or ~nstrul)l~l)~ dl!ted ~JlJ;..,_l., 19L7. ... 7, _____,_, from or executed by~~TA jlSSOCIATES,' A- L 'J'lARTNERSHIP ,...' - ", 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 authori d officers - ~~ l!. ~ City Engineer .; The document thus described is hereby approved as to 70893 , ~yJ 73;/ ?i r-/:- .o?~,;><-- .- , \ U'dI.~/l I Q- . ....... ) /' t/~ I . . RECORDING REQUESTED BY AND WHEN RECORDED r1AIL TO: RECORDED IN OfFICIAL RECORllS OF LOS ANGELES COUNty. C#. Mill. 4 Po M J"N 18 1978 27 PAIn' .' /'I City Clerk City of Arcadia P. O. Box 60 Arcadia, Calif. 91006 Recorder'S Ottic:e ~E~! /;J t? o.J ~ SANTA ANITA CONSOLIDATED, INC. ("Santa Anita") is the fee owner of that certain real property (the "Property") located in the City of Arcadia, County of Los Angeles, State of California, described as Parcels 1, 2, 3 and 4, shown on Parcel Map No. 6374, recorded concurrently herewith in the Office of the County Recorder of Los Angeles County (which Property was heretofore described as Parcels 1, 2 and 3, shown on Parcel Map No. 4626, recorded in Parcel Map Book 51, Page 50, in the Office of the County Recorder of-Los Angeles County), and does hereby covenant and agree with the City of Arcadia that its fee interest in the Property shall be held as one parcel and the fee interest in anyone parcel shall not be sold separately from the fee interest'in all four of said Parcels 1, 2, 3 and 4 without the prior written consent of the City of Arcadia. This Covenant And Agreement To Hold Property As One Parcel ("Covenant") shall run with the land and shall be binding upon Santa Anita and its successors and assigns, and shall conti- nue in effect for a period of twenty' (20) years from the date hereof, unless otherwise released by authority of the City of Arcadia. COVENANT AND AGREEMENT TO HOLD~, PROPERTY AS ONE PARCEL' ,,~ DATED as of September 1, 1977. . SANTA ANITA CONSOLIDATED, INC., a Califo nia corporation A () By tc (Z A~VLL~ ~ By. ~Xd;' ~~ I~ I~I >-- ~ "' ,~ :.i ~':! j:: U ,., :c " .-~ U.. '4 , ~ . ! . r~. ,0 ,- u. 2' ,J 'Il tl.' CL LESSEE'S CONSENT AND SUBORDINATION 'l'C COV'ENll,,:!\1T 1...1\10 )'1_GP.F!,;~ffil'J~r ANITA ASSOCIATES, a limi~ed partnership, as Lessee of the above described Property, hereby cons8nts to the execution by " " ..../.1 . , . , . rr Santa Anita and delivery to ,the City of Arcadia of the foregoing Covenant and agrees that its interest in and to the Property shall be subordinated and subject to the Covenant and that the Covenant shall be a lien or charge on the Property prior and superior to Anita Associate's interest as Lessee in the Property. DATED as of September 1, 1977. ANITA ASSOCIATES, a limited partnership By: HAHN-UPI, a limited partnership By: ERNEST W. HAHN, INC., a California co):ooration its eral Pa~t;er 12, B --~~~ BENEFICIARY'S CONSENT AND SUBORDINATION TO COVENANT AND AGREEMENT BANKERS LIFE COMPANY, an Iowa corporation, as holder of the beneficial interest under that certain deed of trust and as- signment of rents (the "Deed of Trust") covering the Property, dated as of April 29, 1974, made by Santa Anita as Trustor to Title Insurance and Trust Company as Trustee for the benefit of Security Pacific National Bank, recorded ~pril 29, 1974 as Instru- ment No. 346 in Book T-8878, Page 23, Los ~ngeles County Official Records, the beneficial interest of which was assigned to Bankers Life Company by assignment dated July 25, 1975 and recorded July 29, 1975 as Instrument No. 472 in Book M5075, Page 909, Los Angeles County Official Records, hereby consents to the execution by Santa Anita and delivery to the City of Arcadia of the foregoing Covenant and agrees that its interest in and to the Property shall be sub- ordinated and subject to the Covenant and that the Covenant shall be a lien orr charge on the Property prior and superior to the lien of the Deed of Trust. DATED as of Septe~er 1, 1977. J. BANKERS LIFE COMPANY, an ~,owa corporation By '.' .,..'. By B. E. Ru;wrr. 1/l1:i f/VSldelll , Mortgages '" E'~:~,' V~ (I EJ, Vavra, ~ssislant Mortgage Secretary 2, ,78- 70893 I " -, STATE OF CALIFORNIA ) ) SS. ) COUNTY OF LOS ANGELES On AUGUST 27, , 1977, before me,' the undersigned, a Notary Public in and for said State, personally appeared ROYCE B. MC KINLEY , known to me to be the (Executive) Vice President and GLENNON E. KING , known to me to be the (Assistant) Secretary, of SANTA ANITA CONSOLIDATED, INC., the corporation that executed the within instrument, known to me to be the persons who executed the within instrument on behalf of the corporation therein named, and acknowledged to me that such corporation executed the within instrument pursuant to its by-law~'or a resolution of its board of directors. WITNESS my hand and official seal. (SEAL) " ,,~ in and, for, the California' ~ , OFFICIAL SEAL ;~~,"'~ JANET E, SIMMONS ; . ~; . NOTARY "'IH3LIC - CALIFORNIA . <'J'~~..1 PRINe f'~L OFFICE IN . ~ LOS ANGELES cau NTY My C"mmissi~n Expi,'s November 7. 1980 , 78- 70893 J , . STATE OF CALIFORNIA 1 ) SS. ) COUNTY OF LOS ANGELES On this ~f'Ot. day of ~ , in the year 1977, before me, the undersigned, a Notary Public in and for said State, personally appeared ~ ''-4/, ~; ./ and ~, c!!-x~ , J' ~ , '--zJ ~ , known to me to be the President and ~, Secretary"respectively, of ERNEST W. HAHN, INC., the corporation that executed the within instrument, known to me to be the persons who executed the within instrument on behalf of the corporation herein named, said corporation being known to me to be the General Partner of HAHN-UPI, the partnership that executed the within in- strument, said partnership being known to me to be the General Partner of ANITA ASSOCIATES, the limited partnership that exe- cuted the within instrument, and acknowledged to me that such co:rporation executed the within instrument pursuant to its by-laws or a resolution of its Board of Directors, both individually and \ ' as the General Partner of HAHN-UPI, and further acknowledged to me that such partnership executed the within instrument both in- dividually and as the General Partner of ANITA ASSOCIATES and that such limited partnership also executed the same. WITNESS my hand and official seal. ( OFFICIAL SEAL DIANE NEWSOME .~ NOTARY PUBLIC-CALIFORNIA 'ILOS ANGELES COUNTY My Commi:oslon ExplrcsSepl. 30.1980 ~,~~~ Notary Publ~c in and for the State of California 78- ' 70893 , - . ," If STATE OF IOWA ) ) SS. ) COUNTY OF POLK On Lt?~/~A;; ~ ' , 1977, before me, t~e undersigned, a Notary Public in and for said State, personally appeared g ~ cp;'p/.-!/' " , , , known to me _ ;;;;?'~~A./--..I to be the (Vice) President/and -c-,rr-c ' ;;:1: Il 7/{v/-1:d/ , known to me to be the (ASSis~~etary, of BANKERS LIFE COMPANY, the corporation that executed the within instrument, known to me to be the persons who executed the within instrument on behalf of the corporation therein named, and acknowledged to me that such corporation executed the within instrument pursuant to its by-laws or a resolution of its board of directors. l, / ,.- ( r"I'" - .~ - " WITNESS my hand and official seal. ;;:;h~/ t1 6?--tf'--,,/L po , ElINOR J, PRAll Notary Public, State of Iowa \ My Commission Expires Sept. 30, 1979:: 78- 70893