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Home My WebLink AboutD-1819 ~' { ,CITY OF ARCADIA AND WHEN IU:CO"DI!D MAIL 10 I City Clerk HGm. StrMt P.O. Box 60 Addr... City & Arcadia, Calif. Stot. L MAIL TAX STATEMENts TO I Na",. City of Arcadia St,eet Addr... City & Slo'. L 689 BKD5279PG340 1 &~.re, j//7 J " RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY. CALIF. OR SECURITY TITLE INSURANCE CO. DEe 7 1971 AT 8:01 A.M. Reglstrar.Recorder - lEBEE .""C I -.J SPACE ABOVE THIS LINE FOR RECORDER'S USE 1 A/ '1 DOCUMENTARY TRANSf'ER lAX $n.....T.~-.:.(h__.......mn.......................... _~COMPUTED ON FULL VALUE OF PROPERTY CONVEYED, _OR COMPUTED ON FUll VALUE LESS LIENS AND ENCUMBRANCES REMAININ~ AT TI~E.J.~tf,.. ."'^- }v,..., '^- __ ~1 ,<- Signature of Oeclaron r Agent determining t.. . Firm Name -.J Grant Deed Free recording requested und .. .'0 6103 er .... . Docuuent ne"essary du t t1 tle, e 0 City acqUiring TO 40::1.1 CA (1.70) "THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, BENNY JOSEPH and PAULA J. JOSEPH hereby GRANT(~ to the CITY OF ARCADIA, a Municipal Corporation, the following described real property in the County of Los Angeles City of Arcadia, , State of California: That portion of Lot 15 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, described as follows: ~eginning at the southeasterly corner of said lot; thence northerly along the easterly line of said lot, a distance of 50.00 feet to the northeasterly corner of said lot; thence westerly along the northerly line of said lot to a line that is parallel with and distant westerly 10.00 feet, measured at right angles from said easterly line of Lot 15; thence southerly along said parallel line to a point that is distant 5.00 feet northerly from the southerly line of said lot measured along said parallel line; thence southwesterly to a point in the southerly line of said lot that is distant 15 feet westerly measured along the southerly line from the southeasterly corner of said lot; thence easterly along said southerly line 15.00 feet to the point of beginning. . . Dated ~' 3. /97/ , ~~<~ ~~ ,.. ,.. '" '" <- Cl W w t: '" u w 0; ::r: ;:; u . }SS. before me. the under- uhlic in and for said Slale, personally appeared oseph and Paula J. Joseph . . known to me 10 he the person~whose name 1=: ;:ITP suhscrihed to the within instrument nnd acknowledged tha.t they executed the same. WITNESS my hand and official seal. ,;.""." ~~R tf-. -)(Cij' P Name (Typed or Printed) OFFICIAL SEAL FLORENCE E. NEERGARD NOTARY PUBLIC. CALIFORNIA LOS ANGELES COUNTY My Commission Expires Mar. 4,1972 zo";; 9.Q) ~~ a: u If) w Cl _.......-----......-...,-_~..........~_'V~_~ P. O. S0X 60, l\rcadI8, Ca!lf, . (Thl~ lL'l'a. for nlll.('lal nO\lrlal M'al) . Title Order No. Escrow or Loan No. '7trn ::;79 7(;f! MAIL TAX STATEMENTS AS DIRECTED ABOVE .' ,688 BKR3804r . RECORDING REQUESTED BY .. k~ /'1'7[/ '1 RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY. CALIF. WHEN RECORDED MAIL TO FOR SECURITY TITLE INSURANCE CO. cgy of~rcadia DEe 7 1971 AT 8:01 A.M. 240 West Huntington Drive Registrar.Recorder Arcadia, CiHfornia - Aftn:'C;-'N ;-l16Wa rd - Ref :----n.r'st Avenue NE FOR RECORDER'S cZI4 SPACE ABOVE THIS LI USE _ L FREE 1 C \ T. O. No PARTIAL ~ Reconveyance Escrow No. TRANS.RECON INC., a California corporation, as Trustee, under Deed of Trust dawd March made by RFmIV rn~FPH ~nrl PA TIT,A T rnSFPH 21st, 1966 on June 3rd. 1966 , in boole Trustor, and recorded as Instrument No 161 T 4 980 . pagp 716 . of Official Recorda in the ol&oe County, California, describing land therein as: of tbe recorder of Los Angeles ., ....."'1 rf" ~ A Per legal description attached hereto, and by reference thereto made a part hereof. ~ ~ Free recording re."llec;ted under G0 '. c\..,.- (. :~l03. Document necesGary due to City acquiring ti tle. " havin~ received from holder of the obligalions thereunder a written request 10 reconvey, recitin~a~ all ~u",: ~ured~ said Deed of Tru..t have been fully paid, and said Deed of Trust and the note or notes seeu ere y aVIDg I surrendered to ";-id Trustee for cancellation, does hereby RECONVEY, without warranty, to the person or persons le"aBy entitled thereto, the estate now held by it thereunder. o. f b T h d 'Is corporate name and seal to be hereto In W Itness Whereo; Trans-Recon Inc., as sue rustee, as cause I uffixed by its AAAi ArRnt' Secretary thereunto duly authorized. 'I> .. ~ ~ .. Dakd~2.!;ember 1st. 1971 TRANS.RECON INC., as such Trustee STATE OF CALIFORNIA ) _~q~__:;~;~:~'::n___mm \ SS. ~.~ '7:n ~r!LL/AJ By . ~ Ruth Clellan, Assistanc ...."'retary. On__September 1st, 1971 , before me, the undersigned, a Notary Public in and for said County aDd SI 1 personally appeared Ruth McClellan a e, be Assistant Secretary of TRANS-RECON INC., the corporation that executed the known 10 me to b h erson who executed said instrument on behalf of the foregoing instrument as such uustee, and known co me to e t e p. d h ch trustee d d ck I d d hat such corporatIon execute t e same as su . corporation therein name ,an a now e ge to me t ~.. - - - . -'= - - .:::~..~ OFFJr."} .' KAYREN KIMSEY NOTARy PUBLIC-CALIFORNIA LOS ANGELES COUNTY MyCommisslonExpircsMar. 9,1975 ~ .~. o WIT;,\ESS my hand and official seal. '-" 0 (Seal I Notary Pu 954 E. Las Tunas Dr.. San Gabriel. Calif. 91776 7coS 777 ',. " '. TI,at portion of Lot 15 in Block 82 of Arcadia Santa Anita Tract, in the City of . Arcadia, as shown on map recorded in Book IS, Pages 89 and 90 of Miscellaneuus Records, in the office of the County Recorder, described as follows: Beginning at the southeasterly corner of said lot; thence northerly along the easterly line of said lot, a distance of 50.00 feet to the northeasterly corner of said lot; thence lo(esterly along the northerly line of said lot to a line that is parallel with and distant westerly 10.00 feet, measured at right angles from said easterly line of~ . Lot 15; thence0ou~erly along said parallel line to a point that is distant 5.00 00 fe~t".northerly' from the southerly line of said lot measured along said parallel linefJ') ,thence southwesterly to a point in the southerly line of said lot that is distant 15 , feet westerly measured along the southerly line from the southeasterly corner of said ,.1 j 'Iot; thence easterly along said southerly line 15.00 feet to the point of beginning. I: I.. -It. ", MARK H. BLOODGOOD AUOITOR.CONTROLLER COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR-CONTROLLER t!53 HALL OF ADMINISTRATION LOS ANGELES. CALIFORNIA 90012 825.36 II October 19, 1972 The City of Arcadia 240 West Huntington Dr1 ve Arcadia, California 91006 Attention: Robert D. Ogle, City Attorney SUBJECT: First Avenue Parcel No. 7 Gentlemen: Pursuant to your letter dated December 21, 1972, taxes have been cancelled in accordance with SAction 4986 of the Revenue and Taxation Code. This cancel- lation was ordered by the Honorable Board of Super- visors April 12, 1972, by Authorization N,. 27802. . Vel!Y truly yours, MARK H. JlltOtlGeoD, A~l!i'ter~~tIJller " .' /'~ ~7'( t.. "7 '~...f"I":. ~""../....">' ..~'/. .... .\_...L(' By Edward ~e:P!'ere, e1U.a:f', 'l'ax ~'1is1Wl m~'te Tax D:l.v, #C-11 8/12 Q"^(V\A.'1'a~ r ~iL",-, ~. ~t.v -:i.. c;::t IS, f2J.~k. '?'.2, ~ JtJ.-,;X~~ Q",^-~ ~c::t. ;f).../Y/7 ROBERT A. GILL CHIEF DEPUTY E. GUERRERO CHIEF. TAX DIVISION f?ECEiVC:::J GCT 2,1 ::..-: CITY OF ARCAU. \ CITY ATIORNry December 21, 1971 Mr. Mark H. Bloodgood, Auditor-Controller 500 West Temple Street, Room 153 Los Angeles, California 90012 Attention: Tax Cancellation Section Dear Mr. Bloodgood: Subject: Request for Cancellation ot Taxes First Avenue Parcel Ko. 7 Please cancel as ot the date ot recording all taxes on the property described in the enclosed copy ot deed. This property is part of a larger. parcel acquired tor street widening purposes. There is no building on it. Very truly yours, ROBERT D. OGLE City Attorney RDO:at Enclosure / cc: City Clerk Benny and Paula J. Joseph CLTA-1963 AMENDED 1969 -It /7 STANDARD COVERAGE POLICY OF TITLE INSURANCE issued by SECURITY TITLE INSURANCE COMPANY Security Title Insurance Company, a California corporation, herein called the Company, for a valuable consideration paid for this policy, the number, the effective date, and amount of which are shown in Schedule A, hereby insures the parties named as Insured in Schedule A, the heirs, devisees, personal representatives of such Insured, or if a corporation, its successors by dissolution. merger or consolo idation, against loss or damage not exceeding the amount stated in Schedule A, together with costs, attorneys' fees and expenses which the Company may become obligated to pay as provided in the Conditions and Stipulations hereof, which the Insured shall sustain by reason of: 1. Any defect in or lien or encumbrance on the title to the estate or interest covered hereby in the land described or referred to in Schedule A, existing at the date hereof, not shown or referred to in Schedule B or excluded from coverage in Schedule B or in the Conditions and Stipulations; 0' 2. UnmarketabiIity of such title: or :\. Any defect in the execution of any mOltp:ap:e shown in Schedule B securing an indebtedness, the owner of which is named as an Im,ured in Schedule A, hut only insofar as such defect affects the lien or charge of said mortp:ap:e upon the estate or interest referred to in this policy; or 4. Priority o\'er said lIlort~age, at the dute hereof, of any lien or encumhrance not shown or referred to in Schedule B, or excluded from coverage ill the Conditions and Stipulations. said mortgage being shown in Schedule B in the order of its priority; all subject, however, to the provisions of Schedules A and B and to the Conditions and Stipulations hereto annexed. In Witness Whereof, Security Title Insurance Company has caused its corporate name and seal to be hereunto affixed by its duly authorized officers on the date shown in Schedule A. ~~~~.. ~. P-218 (G,S,l ~S"'"CO .ftl"'....1 Comp."y 01 "",","CI RoI9IIII..d T'lde.....k _, -......,......,''''''\\\\, ~-o-~SUR4 III, 5"\. \........4'(: III ~~~..- ...~ 1,1. ::f"- .. ...~ ~ ~~:'\\~\\\lPORATED~O ~ ;:::.....\" ''3:~ %_. . ~ ~_. --- .""0;;0: ?,_. '\..>~ ~?.... MARCH 5 \~~ .:~ ~ 1.~.. ., ._~ I" 'J' -_ .. ....:: I -. .. .. - III\~/iiiioiii\~~ff \\\\""\.,,......~ ~C:~u~r~~ 1I1!74fr President CONDITIONS AND STIPULATIONS 1. Definition o( Terms The following terms when' used in this policy mean: (8) "land": the land described, spe- cifically or by reference, in Schedule A and improvements affixed thereto which by law constitute real properly; (b) "public records": those records which impart constructive notice of mat. ters relating to said land: (c) "knowledge": actual knowledge, not eonstructive knowled~e or notice which may he imputed to the Insured by reason of any public records; (d) "dale": the effective date: (e) "mortgage": mortgage, deed of trust, trust deed, or other security instru- ments; and (f) "insured": the party or parties named as Insured, and if the owner of the indebtedness secured by a mortgag:e shown in Schedule R is named as an Insured in Schedule A, the Insured shall include (1) each successor in interest in ownership of such indehtedness, (2) any such owner who acquires the estate or interest referred to in this policy by fO! e- closure, trustee's sale, or other legal man. ner in satisfaction of said indebtedness, and (3) any federal agency or instrumen- tality which is an insurer or p;uarantor under an insurallce contract or J!:uaranty insuring or guaranteeing said indebtedness, or any part thereof. whether named as an Insured herein or not, suhject other- wise to the pro\ isions hereof. 2. Benefits after Acquisition of Title If an insured owner of the indebtednes" secured by a mortp;ap;e described in Sched- ule B acquires said estate or interest, or any part thereof, by foreclosure, trustee's sale or other legal manner in satisfaction of said indehtedness, or any part thereof, or if a federal agency or instrumentality acquires said estate or interest, or any part thereof, as a consequence of an in- surance contract or guaranty insuring or guaranteeing. the indebtedness secured by a mortgaJ!:e covered by tillS pobey, or any part thereof. this policy shall continue in force in favor of such Insured, agency or instrumentality, subject to all of the con- ditions and stipulations hereof. 3. Exclusions from the CO\'eruge of thi.!' Policy This policy does not insure against loss or damage by reason of the following: (a) Any law, ordinance or govern. mental regulation (including but not lim- ited to huilding 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 here- after erected on said land, or prohibiting a separation in ownership or a reduction in the dimensions or area of any lot or parcel of land. (b) Governmental rights of police power or eminent domain unless notice of the exercise of such rights appears in the public records at the date hereof. (c) Title to any property beyond the lines of the land expressly described in Schedule A, or title to streets, roads, avenues, lanes, ways or waterways on which such land ahuts, or the right to maintain therein vaults, tunnels, ramps or any other structure or Improvement; or any rights or easements therein unless this policy specifically provides that such property, rights or easements are insured, ex('ept that if the land abuts upon one or more physically open streets or highways this policy insures the ordinary rights of ahutting: owners for access to one of such streets or hiJ!hways, unless otherwise ex- cepted or excluded herein. (d) Defects, liens, encumbrances, ad- ver;,e claims against the litle as insured or other matters (1) created, suffered, as. sumed or ag.reed to by the Insured claim. illt.: loss or damage: or (2) known to the Insured Claimant either at the date of this policy or at the date such Insured Claim- ant acquired an estate or interest insured by this policy and not shown by the pnhlic records, unle~s disclosure thereof m writ- ing by the Insured shall have been made to the Company prior to the date of this Jlolicy; or (.1) resulting in no Joss 10 the Insllred Claimant: or (4) atlachmg. or created subsequent to the date hereof. (e) Loss or damage which would not have heen sustained if the Insured were a purchaser or encumhran(;er for value without knowledge. (f) Any "consumer credit protection". "truth in lending" or similar law. 4. Defen~e and Pro~ecution of A(:- tions . Notice of Claim to be Given by the 1m-tired (a) The Company, at its own cost and without undue delay shall pronde (1) for the defense of the Insured in all litigation consisting of actions or proceedings com. cenced against the Insured, or defenses, restraining orders, or llIjunctlOns mter. posed against a foreclosure or sale of the mortp:ap:e and indebtedness co\'ered hy this policy or a sale of the estate or interest in said land: or (2) for such action as may be appropriate to establish the title of the estate or interest or the lien of tht': mortgaJ!e a!; insured, which litigation or action in any of such events IS founded upon an alleged defect, lien or encum- hrance insured against by this policy, and may pursue any litigation to fmal determ. mation in the court of last resort. (h) In case any such action or pro. ceeding: shall be begun, or defense inter- posed, or in case knowledge shall come to the Insured of any elaims of title or in- terest which is ad\'erse to the title of the estate or interest or lien of the mortgage as Illsured, or which might cause loss or dama~e for which the Company shall or may be liable by virtue of this policy, or if the Insured shall in good faith contract to sell the indebtedness secured hy a mort- !rage covered by this policy, or, if an Insured in good faith leases or contracts to sell. lease or mortgage the same, or if the sucr:essful bidder at a foreclosure sale under a mortgage covered by this policy refuses to purchase and in any such event the title 10 said estate or in- terest is rejected as unmarketahle, the Insured shall notify the Company thereof in writing. If such notice shall not be given to the Company withlll ten days of the receipt of process or pleadings or if the Insllred shall nol, in writing, prompt:y notify the Company of any defect, lien or encumbrance insured against which shall come to the knowledge of the In- sured, or if the Insured shall not, in wTlling, promptly notify the Company of any such rejection hy reason of claimed unmarketahility of title, then all liability of the Company ill regard to Ihe suhjen matter of such action, proceedinj! or matter shall cease and lerminate; pro- vided, however, that failure to notifv shall in no case prejudice the claim o"f any Insured unless the Company shall he actually prejudiced by sllch failure and then only to the extent of such prejudice. (c) The Company shall have the right at its o.....n cost to in"titute and prosecute any action or proceeding or do any other act which in it" opinion may he necessary or desirahle to establish the title of the estate or interest or the lien of the mort- gage us insllred: and the Compllny may take any appropriate action under the terms of this poliey whether or not it shall he liable thereunder and shall not therehy concede liability or waive any provision of this policy. (d) In all case!; where this policy pel mits or requires the Company to prcs- eeute or provide for the defense of any action or proceeding, the Insured sh::J1I secure to it the right to so prosecute or provide defense in such action or pro- ceeding, and all appeals therein, and per- mit it to use, at its option. the name of the Insured for such purpose. Whenever (Conditions and Stipulations Continued and Concluded on Lasl Page of This Policy) C~py~right '1963'-" 45nan SCHEDULE A Effective Date: Amounl of liability: S 2,000.00 December 7, 1971 at 8:01 A.M. Policy No: Premium S 7003797 40.00 INSURED CITY OF ARCADIA, a Municipal Corporation 1. The estate or interest in the land described or referred to III thi~ sl:hedule covered by this policy IS: A fee 2. Title to the estate or interest covered by this policy al the dale hereof is vesled in: CITY OF ARCADIA, a Municipal Corporation ~1. The land referred 10 in this policy is situated in the State of Califol'llia~ County of Los Angeles and is described as follow$: SEE ATTACHED . ....V. "'lV. .................. December 6, 1971 DES C RIP T ION That portion of Lot 15 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, described as follows: Beginning at the Southeasterly corner of said lot; thence Northerly along the Westerly line of said lot, a distance of 50.00 feet to the Northeasterly corner of said lot; thence Westerly along the Northerly line of said lot to a line that is parallel with and distant Westerly 10.00 feet, measured at right angles from said Easterly line of Lot 15; thence Southerly along said parallel line to the beginning of a tangent curve concave Northwesterly, having a radius of 15.00 feet, said curve also being tangent at its Westerly terminus to the Southerly line of said Lot 15; thence Southwesterly along said curve, to said Westerly terminus; thence Easterly along said Southerly line of Lot 15, to the point of beginning. Copynght 1963 SCHF.DULE Il This policy doc~ not ill:-;lln~ against 10:"" Of darllagt: hy rt'a~on of till: following: PAHT I 1. T3\CS or asscssments whidl me not shown as e.\it-till~ liclI:- hy Ihe rCI'ord:- of nllY ta\in~ <luthority Ihal le\'ic:- taxes or assessmenl~ 011 real property or hy Ihe puhlic rCI'ord:-. 2. Any fads. rights. intcrests. or daims \\hkh arc not :-ho\\1l h~' the puldit, record:- 11111 \\hi('h could he a:-l'crtained hy an illspeclion of said land or hr making inquiry of per:-Oll:- in po:-:,c:-:,ion thereof. ;-L Easements. claims of easement or encumhrances which arc not :-hOWll hy the puhlk record:,. .1. Dis<Tepallcie~. ('onflicls in houlldnry linc:-. :-horta~e ill ,ll'eu. cllt'loaehmcnl:-. or all\" other fucl:- \\'hil'h a l'orrcct ~ur\'ey \\'ould (li~dosc. and whit:h .Ire 1I0t :-llOwn hy Ihe puhli(' I'(.('ord.... 5. Unpatented mining daim:-; re:-el\'atioll~ 01' e.\('eptioll~ ill pall'lll:- 01' ill Ad:- alllhoril.ing the I:-:-nalll't~ thereof: waler righb. daim~ or title to water. PAHT II 1. General and special County and City taxes for the fiscal year 1971-1972 including personal property taxes, if any: Total : $994.88 First installment : 515.21 Personal property taxes: 35.54 Second installment : 479.67 Affects this and other property. . /00 ~ ~ ~ / '1!.- L " ~ " " ,. COLORA 00 8LVD, ",. ~ ~ "~/. 6 . .N .so .sO' .so so Sd .,0 .so so' SO 5<' $/,l;9 .J.d ~. ~ 2lJ " ~ /._/60 . .., '/.s/.~ . ~ ~ ~ .JJ . " , , , , , ~. JJ ~ "" , , , /,5/. G "'.ll .1() 2J 28 27 26 .25 .24- 21 22 21'~ ,(,$/.6.9 ~ ~ \\ ,. ~ 18 ~ ";2 \ lB2 ~ ~ ~ BI. ~ 4.5/. L'" /SI.6 , ~. ~ 't ~ "' ~ ~ . . , To I "'-5"/ " S-O s-_ s-_ $"_ s-_ .. "-- .- T. <. "~,, c;.y ~ ~ ~ " , .g . /? !>\. , :>r ~ " ",$'"" r- ~ . ~ ",,s-,, t;!I ~ ~ /"-::1 ..... ~ .;? ~ ~4 , , , , B . :;> , , // .' /2 ' I'or ' ,." ~ ~ /t:, ~ ~ S- to 1 I'eI ".s-....~ \ /S"/", . " ~ ~ /5"" . & " ;~/. c.;;. ~-D ~-o .-- $". $". S""o S""o ~D ~. S-D ~. ,,~-/ ~J1 0;0 .... ., . /1 ~ I! .,' I " o " ~ u L-9 POeT~ .s-r. .....~/d.S. 4_ ..>; . -..,..~ '" -e..-:'-;- 't-; 1>"1". I . ,.;1RC/'9D h<9 oS -9.<./ r >9 "iJA.// 7'~ 7A?~CT ,. LOTS /~.34 M-t?. /~8.2 -' ..e~oCK Be THIS I~ HOT A SURVlY 0' lH[ LAND BUT IS COMPIl(D 10R IN'ORMATION ONLY 'ROM DATA SHOWN IY O"ICIAL IIUCORDS CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face) requested by the Company the Insured shall gi....e the Company all rea~onah.le aid in any such action or proceedmg, HI effectinf!; settlement, securing evidence, ohtaining witnesses, or prosecutin~ or de- fendinp; such action or proceeding, and the Company shall reimburse the Insured for any expense so incurred, 5. Notice of Loss _ Limitation of AClion In addition to the notices required under paragraph 4(b), a statement in writing of any loss or damage for which it is claimed the Company is liable under this policy shall he furnished to the Company within sixty days after such loss or dam. af!;e shall ha\'e been determined and no ri~ht of action shall accrue to the Insured under this policy until thirty days after slleh statement shall have been furnished and 110 recovery shall b~ had by the In- sured under this policy unless action shall he commenced thereon within five years after expiration of said thirty day period. Failure to furnish such statement of loss or dama,.:e, or to commence such action within the time hereinbefore specified, shall he a conclushe bar against main- tenance by the Insured of any action under this policy, 6. Oplion to Pay, Seltle or Compro- mille elaims The Company shall have the option to Jlay or settle or compromise for or in the name of the Insured arlY claim insured against or to pay Ihe full amount of this policy, or, in case loss is claimed under this policy by the owner of the indehted. ness secured hy a mortgage covered by this policy, the Company shall have the option to purrhase said indebtedness: such purchase. payment or tender of payment of the full amount of this policy, top:ether with all costs. attorneys' fees and ex. penses which the Company is obligated hereunder to pay, shall terminate all liability of the Company hereunder. In the event. after notice of claim has been f!:ivcn to the Company by the Insured, the Company offers to purcl1ase said indeht- edness. Ihe owner of such indebtedness shall transfer and assign said indebtedness and the mortp:aJ!:e securing the <;ame to the Company upon payment of the purchase pri,'e, 7. Payment of Loss (a) The Liability of the Compan}' under this policy shall in no case exceed. in all, the actual loss of the Insured and rosts and attorneys' fees which the Com. pany may he obligated hereunder to pay, (b) The Company will pay, in addition to any loss insured against by this policy. all costs imposed upon the Insured in litiJ!:ation carried on by the Company for the Insured, and all costs and attorneys' fees in litigation carried on by the Insured P-2J8 (O.S) with the written authorization of the Company, (c) No claim for damages shall arise or be maintainable under this policy (l) if the Company, after having received notice of an alleged defect, Hen or encum. hrance not excepted or excluded here- in removes such defect, lien or encum- brance within a reasonable time after receipt of such not.ice, or (2) for liability voluntarily assumed by the Insured in settling any claim or suit without written consent of the Company, or (3) in the event the title is rejected as unmarketable because of a defect, lien or encumbrance not excepted or excluded in this policy, until there has been a final determination hy a court of competent jurisdiction sus- taining such rejection. (d) All payments under this policy, except payments made for costs, attorneys' fees and expenses, shall reduce the amount of the insurance pro tanto and no payment shall he made without producinf:!: this policy for endorsement of such payment unless the policy be lost or destroyed. in which case proof of such loss or destruc- tion shall be furnished to the satisfaction of the Company: provided, howe\er. if the owner of an indebtedness secured by a mortgage shown in Schedule B is an Insured herein then such payments shall not reduce pro tanto the amount of the insurance afforded hereunder as to such Insured, except to the extent that such payments reduce the amount of the in- debtedness secured by such mortJ!:age. Payment in full by any person or voluntary satisfaction or release by the Insured of a mortgage covered by this policy shall terminate all liability of the Company to the insured owner of the indehtedness secured by such mortgage, exrept as pro- vided in paragraph 2 hereof. (e) When liability has heen definitely fixed in accordance with the conditions of this policy the loss or damage shall be payahle within thirty days thereafter, 8. Liabilily Noncumulative It is expressly understood that the amount of this policy is reduced hy any amount the Company may pay under any policy insuring the validity or priority of any mortgage shown or referred to in Schedule B hereof or any mortga~e here- after executed by the Insured which is a charge or lien on the estate or interest described or referred to in Schedule A. and the amount so paid shall he deemed a payment to the Insured under this poliC}'. The provisions of this paragraph num- bered 8 shall not apply to an Insured owner of an indebtedness secured by a mortgage shown in Schedule B unless such Insured acquires title to said estate or interest in satisfaction of said indebt- edness or any part thereof. 9. Subrogation upon Paymenl or Settlement Whene....er the Company shall have settled a claim under this policy, all right of subrogation shall vest in the Company unaffected hy any act of the Insured, and it shall he suhro~ated to and be entitled to all rij:!:hts and remedies which the Insured would have had against any person or property in respect to such claim had this policy not been issued, If the pay- ment does not cover the loss of the In. sured, the Company shall he subrogated to such rights and remedies in the proportion which said payment bears to the amount of said loss. If loss should result from any act of the Insured. such act shall not void this policy, but the Company. in that event, shall 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. The Insured, if requested by the Company, shall transfer to the Company all rights and remedies against any person or prop- erty neressary in order to perfect such riJ!:ht of subrogation, and shall permit the Company to use the name of the Insured in any transaction or Iitil!stion ill\.ol....ing such rights or remedies. If the Insured is the owner of the in. debtedness secured by a mortgage f'o"ered by this policy. such Insured may release or substitute the personal liability of any debtor or guarantor, or extend or other. wise modify the terms of payment, or release a portion of the estate or interest from the lien of the mortgage, or release any collateral security for the indebted. ness, provided such act does not re:mlt in any loss of priority of the lien of the mortgap:e. 10. Policy Entire Contract Any action or actions or rights of action that the Insured may hnve or may brin~ against the Company arisinJ!: out of the status of the lien of the mortgage covered by this policy or the title of the estate or interest insured herein must be hased on the pro\'isions of this policy. No provision or condition of this policy ('an he wai....ed or changed except by writing endon.ed hereon or attached here- to signed by the President, a Vice Pres- ident, the Secretary, an Assistant Secre. tary or other validating officer of the Com- pany, II. Notices. Where Senl All notices required to be given the Company llnd any statement in writing required to be furnished the Company shall be addressed to it at the office which issued this policy or to its Home Offiee, 13640 Roscoe Boulevard, Panorama Cit)" California 91409, 12. THE PREMIUM SPECIFIED IN SCHEDULE A IS THE ENTIRE CHARGE FOR TITLE SEARCH. TITLE EXAMINATION AND TITLE INSURANCE. .---'{j/ (.Y (p ..J.- t I Partial Reconveyance&'JJ IY?,r ;i\ WHEREAS, FIRST WESTERN BANK AND TRUST COMPANY, a California Corporation, as Trustee under ~.e~d~~fD~~.J.;~~~h::~~~:~:r.:~:~IEl::J:;::::JQ:~:~Ph:;::::ii!i~b:a.Q~La~~:~;'j,i~d~~~::::::::::::::::::::::::::::::::::::::: .....................____...........hnn.__n.................__n____.....__...n__nh........n.............................__n..............n_n.................................u__Trustor, and recorded...............,J.tlJy...J................................, 19..,1;1.9.. in Book.:rii.fJ'i.9.........Page.......?:?g.......of Ollicial Records in the ollice of the Recorder of...............L9.1?....An&!'!.l!'!.$................................County, California, ...................................... , .............................................................____....................................._______n_...._......._____.____.....___.._.....___.........____._____............__....___..j"..... has received from Beneficiary thereunder a written request to reconvey, in accordance with the terms of said Deed of Trust all estate now held hy said Trustee under said Deed of Trust in and to the hereinafter described property. said Bene. ficiary having presented said Deed of Trust and note or notes secured thereby for endorsement. NOW THEREFORE, in accordance with said request and the provisions of said Deed of Trust, FIRST WESTERN BANK AND TRUST COMPANY, as Trustee, does hereby RECONVEY, without warranty, to THE PERSON OR PER. SONS LEGALLY ENTITLED THERETO. all estate now held by it thereunder in and to that property situate in the ..........G.t!;y...9J...A.n~ag::i..a................... county of..............L9r>...A.Qge.le.s................... state of California. described as follows: That portion of Lot 15 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, described as follows: Beginning at the southeasterly corner of said lot; thence northerly along the easterly line of said lot, a distance of 50.00 feet to the north- easterly corner of said lot; thence westerly along the northerly line of said lot to a line that is parallel with and distant westerly 10.00 feet, measured at right angles from said easterly line of Lot 15; thence southerly along said parallel line to a point that is distant 5.00 feet northerly from the southerly line of said lot measured along said parall line; thence southwesterly to a point in the southerly line of said lot , that is distant 15 feet westerly measured along the southerly line from . the southeasterly corner of said lot; thence easterly along said souther line 15.00 feet to the point of beginning. -' " ~ E -g ~ I' (IJ Q) ~ Q) l:::j U " "" , ro.cJ ~ -' ~ 0 I l:: l:: (, _ tII I~ .E~' ~ ~~' ~bf .c r: ' 'U 0 II o C ~. 0.9 r e -., <J ~"C , 00'1 .... l::, -cE" ~ (;) I: '+= tl.' ~ .. tJ ~; r: r: , E ~ '! 2 1.::J ' ..... :>"1 ~ @ ~, .- c. ,I en E ~, F-8 The remaining property described in said Deed of Trust shall continue to be held by said Trustee under the terms thereof. As provided in said Deed of Trust, this Partial Reconveyance is made without affecting the personal liability of any person for payment of the indebtedness secured by said Deed of Trust. IN WITNESS WHEREOF. FIRST WESTERN BANK AND TRUST COMPANY. a California Corporation, as such Trustee, has caused these presents to be executed hy its officers thereunto duly authorized. this...mn23mm__u....__nm...__. day of..................S.~m.temb.ex...................... 19...l.l..... STATE OF CALIFORNIA County or........:L.<:>:9.....Ar.tge.!.E'!.:s...... On ... mm~E:!P~E:!~~E:!:r.m?~ },. before me, the undersigned, a Notary Public in and for said County and State, personally appeared ..W..~_J..~.....A~~l~"h'" known to me to be y.~.<::.E:!m.J:>I.E'!.!l..~.<,I~.~...9lm;eT of the Corporation that executed the within instrument, as Trustee, and the officer who executed the within instrument on behalf of the Corporation therein named. and acknowledged to me that such Corporation executed the same as Trustee. IN WITNESS WHEREOF, I have hereunto set my hand and :~xv:d W:i.I~ffiC~.I/ d";J~:~~C.te fir" (SEAL) ~n(p:l. ~ .' .. Notary ublic in and for said County and State 7 7- . u......... ..... .........., 19.. ..? My commission expires...... WHEN RECORDED MAIL TO .G::i..t.y...qJ.AI~.a9j..<!...::-..nEDgj,.Q!'!eI:Lng . Divis ion )Z.fI:fa:x.~~:t:}{i<I11I.1ll~~~.~.J',Q,Box 60 Arcadia, California 91006 rlmlmrnmlllllll lI1ftl" ~. ~ :;; ~ = z _ = g.J-,gz>r--:@ ~ ....~-~~~ ;: -<..... ...&.... ::I :=J;: ::t<l:>ocuo-.:; ~(/'J;>OEu tl~ ~..J.... . 0 III .&~ ~<z~...&~ ..~ =_ <C(...& c.... 1.o.l;: EUVlllCLO c=: E;- ::Ioz.E= ~~v~?:<(.~~ '0 IX II: U) e;; E "<o.Oe' - 11.11- -' = 1- 0 8~ z >-= :=E~ i .. " .j' to .. ~ - ~ - I. ~ I ~,;; I . ',. ~ ""'''''''tt''''''''''''llllWll~ RECORDED tN OFFtCIAL RECORDS OF LOS ANGELES COUNTY, CA~I~ FDR TITLE INSuRANCE & TRUS . 2 P.M. OCT .j1, 1971 Registrar.Recorder ~ 20~~ /~ <:..:l <:..:l .... c.n TRU-30B. CAL. 7-56 THIS SHOULD BE RECORDED IN COUNTY WHERE DEED OF TRUST IS RECORDED. ~ \ ~\ " \