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Home My WebLink AboutD-2599 ! . . . 11111111111111[1111111111111111[111111111111111111[111111111 LEAD SHEET I r-- - - -- - - -------- ----- r I r-----~ I , I , , _ ,_ _,_02-1746224 , .-. RECORDEDIFILEO IN OFFICIAL RECORDS RECORDER'S OFFICE ~\N, LOS ANGELES COUNTY ..a.w... CAlIFORNIA ,;J.f, 4;21 PM JUL 25 2902 - - ---- ---- -- SPACE ABOVE THIS LINE FOR RECORDERS USE . . TITLE(S) DVwd iJj, ~FE~--h- - -tIlvdt~- - - iJ.M.-(-gt..h{)y; i lFEq :Jfo~ t;-! ip ._-; f-----T--' _L ___ _q_H___ ___-l-__ ,_~_,! I C~~E ! DA FEE Code 20 J 4,00 ! ------"1""--- ----- --- _____uu,__ _ ,________ __,_____h_-I , , CODE: : 19 r J----- --~- i ~ODE ; ~j I I I , I I -----1 , I , --~ Assessor's Identification Number (AIN) To Be Completed By Examiner OR Title Company In Black Ink' 'I~---iu- r--T---r-I-'---: l__ __l_L_cL_L_l__,~=-=L_ _ ,j , . Number of Parcels Shown r'--rIJ ___L_ . THIS FORM IS NOT TO BE DUPLICATED (. ' ,~ ' O~1746224 RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City Attorney City of Arcadia p, 0, Box 60021 Arcadia, CA 91066-6021 7/ COVENANT AND AGREEMENT REGARDING ACCESSORY BUILDING (RECREATION ROOM) (\,., 11" AND SUBORDINATION AGREEMENT '-W'" FOR GOOD, VALUABLE AND ADEQUATE CONSIDERATION, receipt of which is hereby acknowledged, KAREN SY, as Trustee of the Francisco Sy Family Qualified Personal Residence Trust Grantee hereinafter referred to collectively as "Covenantor", hereby declares to be the owner of that certain real property located at 2606 Greenfield in the City of Arcadia, County of Los Angeles, State of California, more particularly described as follows: Lot 42 of Tract No, 27 of Tract No, 12915, as per map recorded in Book 207, Page 10 of Maps, in the office of the County Recorder of Los Angeles County, California ("Affected Land"), 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 located within 500 feet of the Affected Land, as follows: 1, That the Accessory BuildinglRecreation Room on Affected Land as shown on the attached Exhibit "A" shall not be used as a separate dwelling unit, shall not be used as accessory living quarters, sh,all not be equipped with any kitchen facilities, shall not be rented and shall not be altered or expanded from approved Floor Plan shown on the attached Exhibit "B", 1 ~~ - "'--..... 02 1746224 1 . , -~ 2, If this Covenant and Agreement is breached by Covenantor or their 3 successors or assigns, Covenantee is hereby authorized to bring an action in a court of competent jurisdiction to enforce this Covenant and Agreement. In the event of such legal actions, Covenantor or their successors or assigns shall be liable for the reasonable attorney fees of Covenantee, if Covenantee is the prevailing party, That in addition to other remedies available by law to the Covenantee to enforce this Covenant and Agreement, if this Covenant and Agreement is breached, the City of Arcadia solely at its option, revoke this Covenant and Agreem(~nt. 3, Covenantor agrees to notify their beneficiaries, assigns and successors in interest in Affected Land of this Covenant and Agreement. 4, This Covenant and Agreement is for the benefit of the Covenantee 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 be binding upon the heirs, successors and assigns of the Covenantor, and may be released in writing by the Covenantee. " 5, 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 all the owners of the Benefitted Land is hereby authorized to enforce the provisions of this Covenant and Agreement. 6. 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 ,,' , - (02 ,1746224' J IN WITNESS WHEREOF, Covenantors have executed this instrument on the r date shown opposite their signatures, "COVENANTOR" . Dated: 01 . I L, 2002 "COVENANTEE" City of Arcadia 1.#1 , 2002 l)U)lWl{ William R, Kelly City Manager Dated: APPROVED AS TO FORM: ~P.~ Stephen p, Deitsch City Attorney 3 02 1746221:[ CALIFORNIA ALL.PURPOSE ACKNOWLEDGMENT ';(;, I State of California I I' I' I I I ~ .A~JQ,S ~ } ss On ., I ~ 1.,,0~ Dale ,before me, ~ ~t.l.oJ lEs....A. ~ ~, Name and Ti~e or Officer (e ~ Cou nty of personally appeared ~.MES BOLTON LEARY ~ 111- Comm.' 1319224 .. NOTARY'UlliC,CAlIFOU\A \II _ Or.no. CtuDI, - ~ . MyColnm hplf.s ""',3D.*:, 1 I. I I I. Place Notary Seal Above I I I' I. I Name(s)ofSlgner(6) &ersonally known to me 6 proved to me on the basIs eVidence of satisfactory to be the person(s) whose name(s) Is/are subsCribed to the within Instrument and acknowledged to me that he/she/they executed the same In hls/herlthelr authorized capacltY(les), 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. I I I '1 I Though the mfonnatlon below 1$ not reqUIred by law, It may prove valuable to persons re/ym on the document and could prevent fraudulent removal and reattachment of thiS form to another document Description of Attached Document Tille or Type of Document Number of Pages RIGHT THUMBPRINT OF SIGNER Top of thumb here ."" C 1999 NallOllilI NotaryA$6oclllllon' 9350 De Solo Ave , PO eo.. 2402' ChalSWOI1h CA91313-2402' wwwnahonalootllryorg I I I I I. I I I Document Date Slgner(s) Other Than Named Above Capacity(ies) Claimed by Signer Signer's Name o Individual o Corporate Officer - Tille(s) o Partner - 0 Limited 0 General o Attorney In Fact o Trustee o Guardian or Conservator o Other Signer Is Representing Proo No 5907 ReorderCaIlTolI-Freel-eoo-876~27 . ".' SUBORDINA nON AGREEMENT '\ ( _02 1746224j CATHAY BANK. A CALIFORNIA BANKING CORPORATION (LOAN NO, 50- 4185). being the beneficiary under that certain Deed of Trust entered into on July 10.2001 as Instrument No, 01-1195063 Official Records of Los Angeles County Recorder said Deed of Trust is and shall be subordinate and inferior to the Covenant and Agreement Regarding Accessory Building (Recreal1on Room) to which this Subordination Agreement is attached. (p Executed this 17 day of JULY , 2002, at LOS ANGELES , California, By: CATHAY p By: CATHAY BANK Its: KENNET~~\A~.P ACKNOWLEDGMENT & MANAGER STATE OF CALIFORNIA COUNTY OF LOS ANGELES ) ) ) ss, On JULY 17, 2002 , 2002, before me, **WINSOME MAN YEE TONG~* , a Notary Public in and for said state, personally appeared **MARGARET LI & KENNETH CHAN** personally known to me (o/->l?royed to me on the basis of satisfactory evidence) to be the person~hose name(s) iSeYsubscribed~e within instrument and acknowledged to me t t he/she~executed the same in his/her/ el authorized capacity(ies), and that by his/he their signature(s) on the instrument the person s , or the entity upon behalf Qf which the person s acted, executed the instrument. WITNESS my hand and official seal. J;;---------~ WINSOME MAN YEE TONG -fi ~-~,,~,~ ~. Nalary Public - C11lifomla ~ ~ La. Angalea County f _ _ _ _My~.~-_~20.:~ (Seal)