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Home My WebLink AboutD-2577 i - .... -- . 01 0045920 -- f'~~ , I) ~oOlI RECORDEDIFILED IN OFFICIAl RECORDS RECORDER'S OFFICE LOS ANGELES COUNTY CITY OF ARCADIA CAliFORNIA . CITY '" FR~ 8:04 AM JAN 09/2001 ( 1111111111111111111111111111111111111111111111111\1111\11111 LEAD SHEET ,. SPACE ABOVE THIS LINE FOR RECORDERS USE A A TITLE(S) FEE 4 'CODE ( .. 20 . CODE 19 CODE 9 Assessor's Identification Number lAIN) To Be Completed By Examiner OR Title Company In Black Ink Number of Parcels Shown A ITIJ 'A THIS FORM IS NOT TO BE DUPLICATED I 'Jj RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City Attorney City of Arcadia 240 W, Huntington Drive Arcadia, CA 9 I 007 01 0045920 "~ COVENANT AND AGREEMENT TO DEVELOP AND HOLD PROPERTY AS ONE PARCEL FOR GOOD, VALUABLE AND ADEQUATE CONSIDERATION, receipt of which is hereby acknowledged, OAK ENTERPRISES, L TD, A California Corporation hereinafter referred to collectively as "Covenantor", hereby declares to be the owner ofthat certain real property located at 58 W, Live Oak Avenue in the City of Arcadia, County of Los Angples, State of California, legally descrihed as follows' PARCEL 1: The Easterly 1 foot of Lot 4 of Tract No, 12049, in the City of Arcadia, County of Los Angeles, State of California, as per map recorded in Book 224, Page 21 of Maps in the Office of the County Recorder of said County, PARCEL 2: Lots 1,2,3,4 and 5 of Tract No, 10260, in the City of Arcadia, County of Los Angeles, State of California, as per map recorded in Book , 219, Page 20 of Maps, in the Office of the County Recorder of said County ("Affected Land"), Covenantor hereby agrees and covenants with the City of Arcadia, a Municipal Corporation (hereinafter referred IO as the "Covcnantee") on behalf of and for the benefit of the Covenantee's land, which is the public street and right-of-way adjacent and contiguous to the Affected Land, and on behalf of and for the benefit of the "Benefitted Land" which consists of and includes all the public and private land located within 500 feet of the Affected Land, as follows: 1 01-=-G045920 1, The Affected Land shaU be held and developed as one parcel and no portion thereof shaU be voluntarily or involuntarily sold, conveyed or assigned separately or legaUy divided until released in writing by the City of Arcadia, Any attempt to seU, conveyor assign less than the entire parcel shaU be a nuUity and of no effect and the Covenantee is hereby authorized to bring an action in a competent court to set aside and have declared nuU and void such attempted sale, conveyance or assignment. In the event of such legal actions, Covenantors or its successors or assigns shaU be liable for the reasonable attorneys' fees of Covenantee, 2, This Covenant and Agreement is for the benefit of the Covenantee and its heirs, successors and assigns and is for the benefit of and shaU inure to the benefit of aU the Benefitted Land and the heirs, successors and assigns ofthe owners of the Benefitted Land, and this CovcnuIlt and ...\grec!nellt sban run \\'~th the land and stall be binding u;;on t~e heirs, successors and assigns of the Covenantor, ' 3, The City of Arcadia in its capacity as Covenantee and in its capacity as the legal representative of the residents of the City of Arcadia and more particularly as the legal representative of aU the owners of the Benefitted Land is hereby authorized to enforce the , ' provisions ofthis Covenant and Agreement. ... . -~... 4, If any section; subsection, sentenGe, clalls~, phrase or portion of this Coven:mt and Agreement is for any reason held to be invalid or unconstitutional by the decision of any court of competent jurisdiction, such decisions shaU not affect the validity of the remaining portions ofthis Covenant and Agreement. III III III 2 01-(}04592~ 1 IN WITNESS WHEREOF, Covenantors have'executed this instrument on the date shown opposite their signatures, "COVENANTORS" Oak Enterprises, LTD" a California Corporation Dated: ; ~-12 ,2000 f~~/J Signatur ' Title "COVENANTEE" City of Arcadia, a Municipal Corporation Dated: ItI/lJ ,2000 ~ William R. Kelly City Manager APPROVED AS TO FORM: , ~r~ Stephen p, Deitsch City Attorney 3 o:uat60J ~" } U~-(jUq~:J~ Los Angeles County of 12- 18<)0 On DATE Edward J. Partridge III before me" NAME, TITLE OF OFFICER. E G, .JANE DOE, NOTARY PUBLIC. personally appeared Yu Mei Hsu NAME(SI OF SIGNER(S) o personally known to me - OR - GJ proved to me on the basis of satisfactory eVidence to be the person(s) whose name(s) is/are subscribed to the within Instrument and ac- knowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by hIs/her/their slgnature(s) on the instrument the person(s), or the entIty upon behalf of which the person(s) acted, executed the Instrument. ,1~: EuWARO' J PARTRIOGE'II~ - r Corolm,' 1116819 m\,,-J:t<... . NOU,RYPUBUC CAUfOAHIA ~ 1. ,. hi Ang:e!uCOlll'll1 .~ M1COfIlrJIbp.rtlFtIl.UOOI 't WITNESS my hand and o~ ~ ~RE OF NOTARY OPTIONAL SECTION THIS CERTIFICATE MUST BE ATTACHED TO TITLE OR TYPE OF DOCUMENT THE DOCUMENT DESCRIBED AT RIGHT, --. ..-.......- ..................- CAPACITY CLAIMED BY SIGNER Though statute does not reqUll8 the Notary to fill rn the data below. dorng so may prove Invaluable to persons relying on the document o INDIVIDUAL o CORPORATE OFFICER(S) lmEIS) o PARTNER(S) 0 LIMITED o GENERAL o ATTORNEY-IN-FACT o TRUSTEE(S) o GUARDIAN/CONSERVATOR o OTHER' SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTJTY(IES) NUMBER OF PAGES D,ATE OF DOCUMENT Though the data requested here IS not reqUIred by law. It could prevent fraudulent reattachment of thIS form SIGNER{S) OTHER THAN NAMED ABOVE =1993 NATIONAL NOTARY ASSOCIATION. 82~6 Remmet Ave, POBox 7184. Canoga PsrX. CA 91309-7184 /~ '" "