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081677
082577
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RECORDING REQUESTED BY:
RECORDED IN OFFICIAL RECORlIS
OF LOS ANGELES COUNlY. CA.
27 ~~ 4 P. M. JAN 18 1978
CITY OF ARCADIA
AND WHEN RECORDED MAIL TO:
Recorder'S OtfIce
City Clerk
City of Arcadia
P. O. Box 60
Arcadia, Calif. 91006
MAIL TAX STATEMENTS TO:
CITY OF ARCADIA
, FREE
CONSENT AND SUBORDINATION TO /
GRANTS OF EASE~ffiNTS
ANITA ASSOCIATES, a limited'partnership, as Lessee of
that certain real property (the "Real Property") ,described as
Parcels 1, 2 and 3 in the City of Arcadia, Cou~ty of Los Angeles,
State of California, as shown on Parcel Map No. 4626, filed in
Book 51, Page 50, of Parcel Maps in the Office of the County
Recorder of Los Angeles Cotmty, which Real Property is also de-
scribed as Parcels 1, 2, 3 and 4 as shown on Parcel Map No. 6374,
filed concurrently herewith in the Office or the ~os Angeles
County Recorder, and
BANKERS LIFE CO~~ANY, an Iowa corporation, as holder of
the beneficial interest under that certain deed of trust and
assignment of rents (the "Deed of Trust"), made as of April 29,
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1974, among Santa Anita Consolidated, Inc. (formerly Los Angeles
Turf Club, Inc.) as Trustor, Title Insuranc~ and Trust Company,
~s Trustee, anc Sec~rity Pacific National Bank, as Beneficiary,
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recorded April 29, 1974 as Instrument No. 346 in Book T-8878, Page
23, Los Angeles County Official Records; the beneficial interest
of which has been assigned to Bankers Life Company by that certain
Assignment dated July 25, 1975 and recorded July 29, 1975, as In-
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strument No. 472 ~n Book M5075, Page 909, Los Angeles County Offi-
cial Records;
Do each hereby (i) consent to the execution and delivery
by Santa Anita Consolidated, Inc. to the' City of Arcadia of the
following described grants of easements, and (ii) agree that the
interest of Anita Associates and Bankers Life Company in and to
the Real Property shall be subject and subordinate to the easements
described in and created by the following listed documents arid that
said easements shall be charges and encumbrances on the Real Prop-
erty prior' and superior to Anita Associate's interest as Lessee and
to the lien of the Deed of Trust:
(1) Corporation Easement Deed, granting a permanent
easement for installation and maintenance of traffic signals and
appurtenances, made by Santa Anita Consolidated, Inc. ("Santa
Anita") to the City of Arcadia ("City"), dated April 26, 1976 and I
recorded concurrently herewith;
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(2) Corporation Easement Deed, granting a permanent
easement for installation and maintenance of street, sidewalk,
traffic signals and appurtenances, made by Santa Anita to the City,
dated April 26, 1976 and recorded concurrently herewith;
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70894
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(3) Corporation Easement Deed, granting a permanent
easement for installation and maintenance of traffic signals and
appurtenances, made by Santa Anita to the City, dated April 26,
1976 and recorded concurrently herewith;
(4) Corporation Easement Deed, granting a permanent
easement for installation and maintenance of street, sidewalk,
traffic signals and appurtenances, made by Santa Anita to the
City, dated April 26, 1976 and recorded concurrently herewith;
(51 Corporation Easement Deed, granting a permanent'
easement for installation and maintenance of slopes and retaining
wall, made by Santa Anita to the City, dated April 26, 1976 and
recorded concurrently herewith;
(6) Corporation Easement Deed, granting a permanent
easement for installation and maintenance of driveway to Baldwin
Avenue Fire Station, made by Santa Anita to the City, dated April
26, 1976 and recorded concurrently herewith;
(71 Corporation Easement Deed, granting a permanent
easement for installation and maintenance of traffic signals and
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70894
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appurtenances, made by Santa Anita to the City, dated April 26,
1976 and recorded concurrently herewith;,
(~) Corporation Easement Deed, granting a permanent
easement for installation and maintenance of traffic signals and
appurtenances, made by Santa Anita to the City, dated April 26,
1976 and recorded concurrently herewith;'
(9) Corporation Easement Deed, granting a permanent
easement for installation and maintenance of traffic signals and
appurtenances, made by Santa Anita to the City, dated April 26,
1976 and recorded concurrently herewith;
(10) Corporation Easement Deed, granting a permanent
easement for installation and maintenance of traffic signals and
appurtenances, made by Santa Anita to the City, dated April 26,
1976 and recorded concurrently herewith;
(11) Corporation Easement Deed granting a permanent
easement for water line purposes, together with the right to con-
struct, reconstruct, install, enlarge, maintain, repair, and re-
,
place pipelines, valves, meters and appurtenant equipment, as well,
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70894
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CERTIFICATE OF ACCEPTANCE
This is to certify that the interest in real property conveyed or transferred
to the City of Arc'adia, a Municipal Corporation, by the deed, grant, conveyance
or instrument dated October 21, 1977 , from or executed
by Anita Associates , 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
the Ci~y of Arcadia consents to the recordation thereof by its duly
fficers.
t7ud/"(' z ~
City Engineer
document thus descri
is hereby approved as to
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70894
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as reasonable access over lands adjacent to the hereinafter-
described easements necessary for the construction, recon-
struction, installation, enlargement, maintenance, repair and
21, 1977 and recorded concurrently herewith! ~~~
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replacement, made by Santa Anita to the City, dated October
~~~xal2remfx
This Consent And Subordination To Grants Of Easements
may be executed in any number of counterparts with the same
effect as if both parties hereto had signed the same document.
All counterparts shall be construed together and shall consti-
tute one agreement. It is agreed that separately executed
signature pages may be attached to one counterpart, and such
counterpart may thereupon be delivered and recorded as if both
parties had signed the same signature page.
IN WITNESS WHEREOF, Anita Associates and Bankers Life
Company have executed this Consent And Subordination To Grants
Of Easements the dates written below.
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EXECUTED:
,(J~ -21:
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, 1977.
ANITA ASSOCIATES,
a limited partnership
By HAHN-UP I ,
a limited partnership,
its General Partner
By ERNEST W. HAHN, INC.,
a California corporation,
its General Partner
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By , c/J~2
(Assistant) Secretary
70894
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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 October 3, 1977 , from or executed
by Banker Life,Company , 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
of Arcadia consents to the recordation thereof by its duly
~J1~
City Engineer
is hereby approved
(1~
Attorney
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EXECUTED: 'October 3'
, 1977.
BANKERS LIFE COMPANY,
an Iowa corporation
By
II. E. RICKEllT. VIce PresIdent: M0rl8a881(Vice) President
By E,g, ,~'-'-
(Assistant) Secretary
[J, Vavra, Assistant Mortgage Setrelary
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,78- ' 70894
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STATE OF CALIFORNIA
)
) SS.
)
COUNTY OF LOS ANGELES
On this 2~ day of ()~
, in the year
1977, before me, the undersigned, a Notary Public in and for said
State, personally appeared ItOhRT t: Iff) C ~,(I .'
and 1I1c.~/I-e/ E. tf-/.eA-.f~'(/ , known to me to be the
~xc~dlive Vice President and Assistant 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 corpora-'
tion being known to me to be the General Partner of HAHN-UPI, the
partnership that executed the within instrument, said partnership
being known to me to be the General Partner of ANITA ASSOCIATES,
the limited partnership that executed the within instrument, and
acknowledged to me that such corporation executed the within in-
strument 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 individually and as the General Partner of
ANITA ASSOCIATES and that such limited partnership also executed
the same.
WITNESS my hand and official seal.
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(SEAL)
@ OFFICIAL SEAL
. lOUIS J. MATARESE
ij. . NOTARY pUBLIC . CALIFORNIA
" '. PAINCI"AL OFFICE IN
.. LOS ANGELES COUNTY
My Commission Expires June 4. 1918
ofoui~ J. mafa,.eje
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STATE OF IOWA
)
) SS.
)
COUNTY OF POLK'
On O~3
, 1977, 'before me,
the undersigned, a Notary Public in and for said state, personally
appeared
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, known to
me to be the ~Q~c2~-~'--:'/d P .i.!1lll'>.t and
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;;t. Il 7/::?..//?.A',/ , known to me' to be the
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t:?/>A/~ ~Y;1<./ Secretary, 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 corpo-
ration executed the within instrument pursuant to its by-laws or
a resolution of its board df directors.
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WITNESS my hand and official seal.
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ElINOR J"PRALL
Notary Public, Slale of Iowa
My Commission Expires Sept. 30: 1979.
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