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Home My WebLink AboutD-2592 111111111111111111111111111111111111111111111111111111111111 LEAD SHEET RECORDING REQUESTED BY WHEN RECORDED MAIL TO NAME eti~ ctj~ ' MAILING ,. I L DI {i/1 ~"J,t.~ ADDRESS V' ,. ~ ,I j. .y.I....!J ;)t/'OJ LV. A/V'll ''''0' CITY, STATE . . ZIP CODE ~Ut dt,- fV.., I ()C I . FtB 11lBB! ell Y OF ARCADIA crrYr:IC'Q~ " 02~009613 ....~,.,..' ." ,. , . RECORDED/FILED IN OFFICIAL RECORDS RECORDER'S OFFICE LOS ANGELES COUNTY CALIFORNIA 8:04 AM JAN 03 2002 SPACE ABOVE THIS LINE FOR RECORDERS USE :.. ,a . FEE FEE $22 0 DAF $2 C-20 6 TITLE(S) ~o ~ (J..1 ufit-l./UtM-1 -("0 fJ./Jot;;f . {t'otJ ?IJ(J 't ~J (jvl. fM. / /907 - / J Cj /1 Cia (~ s1Yee+ CODE 20 CODE 19 CODE 9_ CODE 24 Assessor's Identification Number lAIN) To Be Completed By Examiner OR Title Company In Black Ink Number of Parcels Shown . . THIS FORM IS NOT TO BE DUPLICATED ..,J. RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City Attorney City of Arcadia 240 W. Huntington Drive Arcadia, CA 91007 COVENANT AND AGREEMENT TO DEVELOP AND HOLD PROPERTY AS ONE PARCEL '. FOR GOOD, VALUABLE AND ADEQUATE CONSIDERATION, receipt of which is hereby acknowledged, HOPE SHINE INVESTMENT GROUP, LLC, A California Limited Liability Co. hereinafter referred to collectively as "Covenantor", hereby declares to be the owner of certain real properties located at 11907-11911 Clark Street in the City of Arcadia, County of Los Angeles, State of California, more particularly described in the attached Exhibit "A" incorporated as part of this Covenant and Agreement. . . ..... . . Covenantor hereby agrees and covenants with the City of Arcadia, a Municipal Corporation (hereinafter referred to as the "Covenantee") 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 iocated within 50::> feet of the Affected Land, a3 folkws: ..... . . . . . ..... . . . . ... I. The Affected Land shall be held and developed as one parcel and no portion thereof shall be voluntarily or involuntarily sold, conveyed or assigned separately or legally divided until released in writing by the City of Arcadia. Any attempt to sell, conveyor assign less than the entire parcel shall be a nullity and of no effect and the Covenantee is hereby authorized to bring an action in a competent court to set aside and have declared null and void such attempted sale, conveyance or assignment. In the event of such legal actions, Covenantors or its successors or assigns shall be liable for the reasonable attorneys' fees of Covenantee. 1 .,- VUV"OJ,\J 2. This Covenant and Agreement is for the benefit of the Covenalltee and its heirs, successors and assigns and is for the benefit of and shall inure to the benefit of all the Benefitted Land and the heirs, successors and assigns of the owners of the Benefitted Land, and this Covenant and Agreement shall run with the land and shall be binding upon the heirs, successors and assigns of the Covenantor. c 3. The City of Arcadia in its capacity as Covenantee and in its capacity as the legal representative of the residents ofthe City of Arcadia and more particularly as the legal representative of all the owners of the Benefitted Land is hereby authorized to enforce the provisions of this Covenant and Agreement. 4. If any section, subsection, sentence, clause, phrase or portion of this Covenant and Agreement is for any reason held to be invalid or unconstitutional by the decision of any court of competent jurisdiction, such decisions shall not affect the validity of the remaining portions of this Covenant and Agreement. [SIGNATURES ON NEXT PAGE] 2 . . ..... . . ..... . . . . . ..... . . . . . .. U~ 0009613 ,- IN WITNESS WHEREOF, Covenantors have executed this instrument on the date shown opposite their signatures. ~~*JOHN80N Notary Public, State Of New~, No. 01 J06045235 _ Qualified In Bronx County CommIasIOn Explr.. 7/24/02 / CfO.. Robo:rr H\ll1,,<! O"lv ) " I~ . cAl.!l,,",a Dl-II13,\"'o"'2-18~' 0/(0& P'l _.~ Dated: 10-11-'200\,2001 /<:1.47? Si ed in the Pre.geDce ~9bert. Huang, President \ .~lOV 6 "" ):~~.t' :3t; ./ j~~;t -& r ~ -----> Dated: Th. v," -- - ubhe Ofriea 1 of/ . "Taipoi Dlsiiiet Court, RO.C, ~ Benny Huang; CEO :~_ .f: ::. _-:;- ,~,." ~ -- .~- ~..... ,. "COVENANTORS" Hope Shine Investment Group, LLC a California Limited Liability Co. , , ...- _"-.' / ,',\' : 'I,. / ~ (, I', .... ' " I.. ~ "COVENANTEE" City of Arcadia, a Municipal Corporation . . ..... . . ..... . . . . ,2001 .b . Dated: u,1tJ ..... . . . . . . . William R. Keliy City Manager APPROVED AS TO FORM: , '- ~D.~ Stephen P. Deitsch City Attorney 3 ( state Of--=-f ~ I" .'-" ... Coumyof ~~ , 2Il01 on~ before me, OATE personally appeared ~l. Jau-Gwo nj-~rv publ~c AME. TmE ~o CER - E G. "JANE OOE. NOTARY pusue- NAME(S) OF SIGNER( o personally known to me - OR - 0 proved to me on the basis of satisfactory evidence to be the personls) whose namels) is/are subscribed to the Within Instrument and ac- knowledged to me that he/she/they executed the same in his/her/their authOrized capaclty(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 instrumene i,' TI-iIS CERTIFICATE MUST BE ATTACHED TO TI-iE DOCUMENT DESCRIBED AT RIGHT Though the data requ8St8d herel! not reqUIred by law, It could prevent fraudulent reattachment of ttns form -urllun"~~I;;"llun_ ',. ......J CAPACITY CLAIMED BY ~IGNER ': Though -... cbs not ~ 1!lo Noti.Y to . flllln the data below, doing so may prove I~to_~onlhlt-....... o INDIVIDUAL o CORPORATE OFFICER(S) TmE(S) o PARTNER(S) 0 UMITED o GENERAL o ATTORNEY-IN-FACT o TRUSTEE(S) o GUARDIAN/CONSERVATOR o OTHER: "~F- :;;'~~~"~'t~,. "r:<:\ m_ ~ "'_ ,,,/..... ,. ,,\,_..., ]049 OPTIONAL SECTION TITLE OR TYPE OF DOCUMENT /; NUMBER OF PAGES -----&-- DATE OF DOCUMENT -------Il.OV G '" Z001 SIGNER(S) OTHER THAN NAMED ABOVE Cl993 NATIONAL NOTARY ASSOCIATION. 8236 Remmet Ave. POBox 7184. Canoga Park, CA 91309-7184 02 ,0009613 ,---- /' . . ..... . . ..... . . . . . ..... . . . . ... 0.2 0009613 DESCRIPTION: THE LAND REFERRED TO HEREIN IS SITUATED IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS: ALL OF LOTS 1185, 1186, 1187 AND 1188 AND THOSE PORTIONS OF LOTS 942,943,944,945,946,947,1176,1177,1178,1179,1180, 1181, 1182, 1183 AND 1184, OF CHICAGO PARK TRACT, IN THE CITY OF ARCADIA, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 30 PAGE 100 OF MISCELLANEOUS RECORDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, LYING SOUTHERLY AND EASTERLY OF THE FOLLOWING DESCRIBED LANE: BEGINNING AT A POINT IN THE NORTHERLY LINE OF CLARK STREET, 50 FEET WIDE, AS SHOWN ON MAP OF TRACT NO. 10790, RECORDED IN BOOK 187 PAGE 29 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, SAID POINT BEING DISTANT ALONG SAID NORTHERLY LINE SOUTH 670 44' 57" EAST 202824 FEET FROM THE CENTER LINE OF PECK ROAD, 60 FEET WIDE, AS SHOWN ON SAID MAP OF TRACT NO 10790; THENCE EASTERLY AND NORTHEASTERLY ALONG A TANGENT CURVE CONCAVE NORTHERLY AND HAVING A RADIUS OF 200.00 FEET THROUGH A CENTRAL ANGLE OF 450 34' 32" AN ARC DISTANCE OF 159.09 FEET; THENCE TANGENT TO SAID CURVE NORTH 66040' 31" EAST 1268_58 FEET TO THE SOUTHERLY LINE OF THE 25595 ACRE PARCEL OF LAND SHOWN ON RECORD OF SURVEY FILED IN BOOK 18 PAGE 44 OF RECORD OF SURVEYS, IN SAID OFFICE OF THE COUNTY RECORDER_ PARCEL 1 OF PARCEL MAP NO 22741, IN THE CITY OF ARCADIA, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP FILED IN BOOK 258 PAGES 91 TO 94 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY EXCEPT ALL PETROLEUM, GAS, OIL, NAPHTHA, ASPHALTUM, BREA AND OTHER HYDROCARBONS AND ALL MINERALS WITH THE E;(CEPTION OF ROCK, SAND, SILLlCA, AND GRAVEL AND THE RIGHT TO EXCAVATE THEREFROM WITHIN OR UNDERLYING SAID LAND WITHOUT, HOWEVER, ANY RIGHT OF RE-ENTRY OR USE THE SURFACE OF SAID LANE, OR ANY PORTION OF THE SUBSURFACE THEREFORE TO A DEPTH OF 200 FEET FROM THE PRESENT SURFACE OF SAID LANE, AS RESERVED IN THE DEED FROM DAVE DOUGLAS AND ROSE DOUGLAS, HUSBAND AND WIFE, AS JOINT TENANTS, RECORDED OCTOBER 26, 1967 IN BOOK D3811 PAGE 154 OFFICIAL RECORDS ~~Il={ln~llif ..fA,?? 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