HomeMy WebLinkAboutD-0474D 474
See D 477
13044
Wank of . mertra
NATIONAL SAM�� R ASSOCIATION _
West Arcadia Branch
Arcadia California
lix ch 3, 1947
1-Ir. Clint C. Billi.g
City Cleric
Arcadia._ California
Re: Escrow 153 - 2172
Dea�.r ]Jr. 13i.Lig: _
Vde are enclosing Title Policy Vo. 2526048 issued by the Title Insurance and
Trust Company coverin the property conveyed to the City of Arcadia for an
alley parallel to Baldvrin Avenue and xunnin�, Duarte Rzad with outlet on
Baldwin Ave, adjacent to property of Glenn M. Dysart.
You will notice that 'the policy .shores all taxes paid except taxes affectinL
the easements. All deeded property is clear.
Vie trust that you will find the policy in order.
G. S. Spragins
lsvzager'
GSS/jh
P.m 1012 10 -46 BON
Uifomis Land Title A,.iation Standard Fotm
Cnpy 1978 (T. 1. Revision 4-44)
Policy No. -
Title Insurance and Trust Company
a corporation of Los Angeles, California, herein called the Company,
for a valuable consideration paid for this policy of title insurance,
the number, date, and amount of which are shown in Schedule A,
does hereby insure
the parties named as Insured in Schedule A, together with each successor in ownership of any
indebtedness secured by any mortgage or deed of trust shown in Schedule B, the owner of which
is named as an insured, and any such owner or successor in ownership of any such indebtedness
who acquires the land described in Schedule A, or any part thereof, by lawful means in satisfac-
tion of said indebtedness or any part thereof, and any person or corporation deriving an estate or
interest in said land, as an heir or devisee of a named insured, or by reason of the dissolution, merger,
or consolidation of a corporate named insured, against loss or damage not exceeding the amount
stated in Schedule A which any insured shall sustain
by reason of title to the land described in Schedule A being vested, at the date hereof,
otherwise than as herein stated; or
by reason of unmarketability of the title of any vestee to said land, at the date hereof,
unless such unmarketability exists because of defects, liens, encumbrances, or other matters
shown in Schedule B; or
by reason of any defect in, or lien or encumbrance on said title, existing at the date hereof, .
not shown in Schedule B; or
by reason of any defect in the execution of any mortgage or deed of trust shown in
Schedule B securing an indebtedness, the owner of which is insured by this policy, but only
insofar as such defect affects the lien or charge of such mortgage or deed of trust upon said
land; or
by reason of priority, at the date hereof, over any such mortgage or deed of trust, of any
lien or encumbrance upon said land, except as shown in Schedule B;
all subject, however, to Schedules A and B and the stipulations herein, all of which schedules
and stipulations are hereby made a part of this policy.
In.=Witriess Whereof, Title Insurance and Trust Company has caused its corporate name and
seal to-1 hereunto affixed by its duly authorized officers on the date shown in Schedule A.
_- TITLE INSURANCE AND TRUST COMPANY
INS
bv S tom,." 6 _► PRESIDENT
Attest_..
SECRETARY
7 i 11sA ;0-46 160a
SCHEDULE A
Amount$3300.00
Date February 21, 1947
at 8:00 A. M.
Policy No. .25260
INSURED
CITY OF ARCADIA
1. The title to said land is, at the date hereof, vested in
CITY OF ARCADIA.
2. Description of land in the County of Los Angeles, State of California, title to which
is insured by this policy:
PARCEL 1: A part of Lot 7 of Tract No. 4090, in the City of
Arcadia, as per map recorded in Book 43 Page 47 of Maps, in
�i the office of the County Recorder of said County, within the
following described boundary lines:
Beginning at a point in the Southerly line of Duarte Road
(60 feet wide) distant South 810 00' West 51.64 feet from the
Northeasterly corner of said Lot 7 Tract 4090; thence South
81 °_-.00' West along said Southerly line of Duarte Road 25.31
. feet; thence South parallel with the Easterly line of said
Lot 7 84.40 feet•, thence South 230 41' 48" West 59.72 feet
to the Southeasterly corner of Lot 1 Tract 5659 as per map
recorded in Book 115 Page 100 of Maps, records of said County;
thence South 285 feet along the Easterly line of said Tract
5659 to the Southeasterly corner of Lot 6 thereof; thence
South 89 55' 30" East along the Southerly line of said Lot
7 of Tract 4090, 30.00 feet; thence North parallel with the
Easterly line of said Tract 5659, 278.75 feet; thence North
23° 41' 48" East 47.28 feet to a line which is parallel with
and distant 51.00 feet (measured at right angles) Westerly
from the Easterly line of said Lot 7; thence North along said
parallel line 106.04 feet to the point of beginning.
` PARCEL 2: A part of Lot 6 of Tract No 5659 in the City of
Arcadia, as per map recorded in Book 115 Page 100 of Maps, in the
office of the County Recorder of said County within the following
described boundary lines:
Beginning at the Southwesterly corner of said Lot 6; thence South
89° 55' 30" East 152.74 feet to the Southeasterly corner of said
Lot; thence North on the Easterly line of said Lot 27.66 feet;
thence South 450 00' West 17.88 feet; thence North 890 55' 30"
West parallel with and 15 feet Northerly from the South line of
said Lot 139.11 feet to a point in the Westerly line of said Lot;
Thence South 30 46' West thereon 15.03 feet to the point of
beginning.
PARCEL 3: The Northerly 10 feet of Lot 1 Tract No. 4611, in the
City of Arcadia, as per map recorded in Book 51 Page'82 of Maps,
-in the office of the County Recorder of said County.
r
PARCEL 42 An easement for drainage purposes only over the Westerly
5.feet of the Southerly 75 feet of Lot 5 of Tract No. 4611, in the
-City of Arcadia, as per map recorded in Book 51 Page 82 of Maps, in
the office of the County Recorder of said County.
PARCEL 5: An easement for drainage purposes only over the Easterly
5 feet of Lots 1, 2 and 3 of Tract No. 4611, in the City of Arcadia,
as per map recorded in Book 51 Page.82 of Maps, in the office of
the County Recorder of said County.
EXCEPT therefrom the Northerly 10 feet of said Lot 1.
1, Official Records.
5. The reservation of all pipe lines running through said Lot
6 1 with the right of access to same, for the purpose of in-
specting, repairing and maintaining same, as recited in the
deed from Peter L. Cuccia and wife, recorded in Book 238 Page
90 Official Records.
6. Conditions, restrictions and reservations, affecting Parcel
2, contained in the above mentioned deed, and in the deed from
Leon G. Tracy and wife, recorded in Book 423 Page 140, Official
Records.
7_• Conditions, restrictions and reservations, affecting Parcel -
4 contained in the deed from Frank T. Turk, recorded in Book
270 Page 378 of Official Records.
STIPULATIONS "
SCOPE - I. This policy does not.insure against, and the
OF Company will not be liable for loss on'damage
_ 'SUBROGATION 4. Whenever the Company shall have set= ;-
COVERAGE' 'created by or arising out of anybf'the'follow -.
ing: (a) defects, liens, claims, encumbrances,
•• ,UPON PAYMENT iled,a claim under this polity, it'shall be,
_'OR SETTLEMENT 'subrogated to and be entitled to all rights,,` `
or other matters
which 'result in no pecuni the insured; (b) defects,
:securities, and 'remedies which the,. insured would have had -_
'.'aainst
liens, encumbrances.. o '
,. or other matt ers ,created .or- occurring
subsequentto the date hereof ;':(c) defects, liens, 'encumbrances
g any person or property' in .respect to such claim; had
' „.this policy not been issued:` Ifahe:,payment•dcee�not'cove'r. the '• } °.
'.
or :other matters created -or,. suffered.by the insured claiming
16is,of' the insured; the Company:shall be' subrogated to such r.
','rights; " -
such loss or,damage; or - (d) defects, liens, encumbrances, or
"other matters existing at the date' of this policy, and known to
,securities, and remedies. in the proportion which said
�,; payment bears to•the amount of`said loss. In either: event the *,
'cause
the - insured `claiming .such'loss or damage, either at the, date
• t p olicy or tithe Bate such insured
" insured shall transfer, or to be f transferred; to the Com -”
, :.piny such rights; •eecu rities' eruii -`
an d remedies rand 'shall-
`the
, claimant acquired an',•
es tate -o
or interest
estate or tiy.'this policy, unless. such defect,
lien; claim,
; pt,'„
Company to use the name . of the fusured in any transaction -
or litigation, involving such securities,
encumbrance, or other matter shall -have been dis-
t in
or remedies.' ,
r A , g hts efena s f �the Compa againsthta
: Pp)gcy n rights y
'named
` OPTION TO PAY, 5: 'The Company has'- the right and "
insured shall be equally available against any person
or corporation who shall become on insured 'hereunder'as
'-
INSURED'OWNER� option, in case any loss is claimed
'OF INDEBTEDNESS under this polity by an insured owner
successor of such named'insured. . „- — -<
i �<- AND_BECOME -of , an;indebtedness_ secured. by mort -
• ” '` )EFENSE`OF
` 1 -2. The Company at its d own cast shill defend
4 '
_',..:te
• OWNEROF,,
n ` t. ^-gage 'or. deed +of' trust, to ay ° each -
SECURITY •' - insured the indebtedness of he.
ACTIONS the insured in actions or roceedin
the p gs against,
a defect, lien,- encumbrance; of
ter
wort-'
'g ethe or ,tractor under said mortgage or deed of trust, to
gather' with all costa which Company'is
in other
' .'matter- insured against by 'this .policy,: and may "pursue • such
litigation t6. :final determination in 'In
-the; obligated. here -"
under to pay,, in which case the Ca ponyshall become the
and
the court of'lastreeork
• case any such action or proceeding shalLbe begun; or in case
: owner of, such insured shall at'once assign and transfer.
to the Company said mortgage or deed of trust and'the indebt- '
knowledge _shall come to any - insured of any claim of titl or
interest adverse -to the title as insured, of which cause
<dness thereby secured, and such 'payment 'shall terminate . all '
liability' under,this policy to such insured.
loss or damage . for-which'the'Compan shall'o_i may be liable
-
,
=' '
NOTICE OF. - by virtue of this.pohcy, such insured'shall at
:ACTIONS,' 'once notify the Company thereof in writing.
'NOTICE OF '6. statem m writing of any loss or damage
-
OR CLAIMS If such notice shall not be given to the Com -
LOSS for •which-it is,claimed'the Company is liable
under this policy, shall, be furnished Company
,. 11 TO BE ".'pony at,leasffive dayebefore the appearance.
^' GIVEN BY "' day in any such action or
, to: the within.:
sixty days after ouch loos or:demage'sh aster-
:all have been
LIMITATION'tained.
proceeding,'or`if..
' THE:INSURED such insured shall not, in writing,'pramptly
notify the Company of any defect lien; encumbrance; or'other
No action or :proceeding for the. re -:,, �-
-OF ACTION .covery of any, such loss or damage shall be
'instituted or'maintained
" matter - inaure'd+'against, or. of *a63 such;adversetclaim .which'
shall come to' the knowledge; of insured, respect - to
against the Company until after full
,compliance by'the insured with'all the _ conditions imposed on'.. -�'
suclt:' in -
-- which loss.or damage is "apprehended, then all liability of.the
Company as to each insured having such in regard
..' the +insured this': policy, - ,mor unless com '
twelve months after receipt -by the Company of such. written
notice to the:
.,' sub ject of such a h. .pioceeding, or clai
,m "shall cease and ter
statement.
' ; ".
mins
,. -, minors; provided, however, that failure -to so'notify shall in
• no case prejudice the claim otany insured unless the Company
, .% ,E ., ,.
PAYMENT OF 7. The Company will pay, in addition to
shall be actually prejudiced by such' failure. The +Company
LOSS AND any loss insured against by this polity, all
":
shall have
"• the right to institute and prosecute - any action { or
'do "act
, "COSTS OF costs imposed uponthe insured in litigation
,. L ITIGATION., carried:
., pioceeding or any other "which .in its °omi
pon,','maytbe_;
necessary, ori to establish the title, "any
on bythe_Company'for the insured,
.INDORSEMENT •and in litigation cairie on'by the insured
or. insured'
lien or charge; as insured. In all cases where this policy. per -
OF PAYMENT - 'With the written authorization of the Com -
ON POLICY* 'pany,
- mits or requires the ,Company to . prosecute or defend any
' action or proceeding,-the insured', shall. ;aecure to it in
but not otherwise. The liability of,
the Company,under this policy shall in'no case,ezceed in all,
- '
writing, theiactual. loss of the insured' and. costs' which the, Company is
-,, the ri t to so'prosecute or defend such action or'proceediag e•' obligated'hereunder'to' 'and
ppeais therein, and permit it to use;. at its option„
he name of the insured for such
pay, in,no case shall such total
liability exceed the amount of 'this policy and-said 'costs. All
purpose.. Whenever request
request-
' ed.by the Comp¢nyr,the fnsured'shall' "assist,.the Copany
"
paymcore under this "policy shall reduce the amount of the in- -
m m
-
: pro;aadto, 'and payment of foss -or: damage to an in-
" nnysuch action "oi proceeding;'in effecting "'settlement; eecurmg - ,sured owner - of indebtedness; shall reduce,'to that
" evidence, obtaining witnesses,
prosecuting or defendink -such-
_ action'or proceeding to such extent and in such is
extent, the .
: liability of:tae Company to the insured owner of said land.
'No
manner as
" deemed desirable by.the Company rind the: - Company shall re'
payment may.be'demanded by any insured without produc-
'Ink, 'for
` imburse the'•insured for any expense so incurred: The Cam - -
this "policy indorsement of such payment:
- -
-•
pnny - ahhll be subrogated to 'and be entitled to all costs and
"
_
- -
attorneys' :fees incurred or'expended by the Company, which
MANNER OF 8 Loss „under this policy shall_ be payable, '
'to
-- may be recoverable"by the,insuredin•any litigation carved ”
PAYMENV OF first, any insured owner of indebtedness
on by' the %Company an behalf of the %insured; The word -
.
LOSS TO.. r secured by mortgage or deed of trust shown "' '
"knowledge ";'in this paragraph meansactual knowledge, and_ "
'INSURED" ' in'Schedule" B, in order of °priority therein'
does,not refer to constructive knowledge notice which may ,
..
shown, and if such ownership vests in more than one, payment
be - imputed to '. the insured b reason an . of -
Y y p ublic or
shall be made y a ppear,
. ratably as their respective interests ma a '
_ .
"otherwise. _ i -, .and
�' '' '•
,
thereafter,.any'loae, shall be,pnyable'to.tne. otherjnsured,' "'
`' "and'.
' OPTION TO .3 The Company reserves the option to
if more than one,: then.• to such insured ratably as their
respective 'interests may appear. If there be no such insured
,
PAY, SETTLE, OR pay, settle, or compromise for, or in the -
COMPROMISE - name,of, ; the insured; any claim insured
'CLAIMS
owner of indebtedness, any lass shall-be payable to the in-
cured, andif'more than one; to such insured ratably as their; `•
.,against or to pay this ptilicyin full at any �.
time„ add payment;or tender of payment of the full amount of '-
respective interests maypppear. - '
- - -
this policy, together with all accrued costs which the Company
- is obligated hereunder to' pay,. shall terminate all liability
'. ` WRITTEN 9. No, provision or condition of this policy
INDORSEMENT
of
the Company hereunder, including.. all 'obligations'tif tFte,Coin -z
party with res`pect'to' litigation "and
": can:be waived or changed except by writing':
REQUIRED TO indorsed hereon or. attached hereto signed by ,
any pending subsequent_'
• ,costa thereof
•CHANGE the President,a Vice- President,the Secretary,
,
POLICY. - or an Assistant Secretary of the Company.
'
Ro.
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TRACT , N° 46//
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M B. 5. 82
THIS IS NOT A SURVEY OF
THE LAND BUT IS COMPILED FOR INFORMATION ONLY
FROM DATA SHOWN BY OFFICIAL RECORDS.
LOTS 3 TO 10
TRACT 4090
43 -47 MAPS
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