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HomeMy WebLinkAboutD-2438 . . ,^ RECORDING REQUESTED BY AND '. WHEN RECORDED MAIL TO: city Attorney City of Arcadia 240 W. Huntington Drive Arcadia, CA 91006 REalRDED IN OffiCIAl RECORDS . RECORDER'S OFFICE LOS ANGELES COUNTY CALIFORNIA 1 ~~, 11 A.M.JAN 4 1991 I I , COVENANT AND AGREEMENT TO DEVELOP AND HOLD PROPERTY AS ONE PARCEL I FEE $9 receipt o~ 3 F I FOR GOOD, VALUABLE AND ADEQUATE CONSIDERATION, which is hereby acknowledged, HUGH G. MAYNARD, an unmarried man as his sole and, separate property' hereinafter referred to collectively as "Covenantors", hereby declare to be the owners of that certain real property located at 2641 Foss Avenue in the City of Arcadia, County of Los Angeles, State of California, legally described as follows: Lot 57 of Tract No. 16091, in the City of Arcadia, County of LOS Angeles, state of California, as per map recorded in Book 358, Pages 1 to 3, inclusive of Maps, in the Office of the County Recorder of said County. TOGETHER WITH, those portions of those parts of Lots 129 and 130, Arcadia Acreage Tract, as shown on map filed in Book 10, Page 18, of Maps, in the office of the Registrar-Recorder of the County of Los Angeles, described in deed to Los Angeles County Flood Control District, recorded in Book 50720, Page 371, of Official Records, in the office of said Registrar-Recorder, bounded on the west by a line parallel with and 34.5 feet easterly, measured at right angles, from that line described as having a bearing and length of uS. 11 04' 22" W. 2,504.56 feet" in "PARCEL NO. 88" in a Final Judgment had in Superior Court Case No. 452539, a certified copy of which is recorded in Book 19445, Page 38, of said Official Records; on the east by the westerly line of Lot 57, Tract No. 16091, as shown on map filed in Book 358, Page 1 to 3, inclusive, of said Maps; on the north by the westerly prolongation of the northerly line of said Lot 57; and on the south by the westerlY prolongation of the southerly line of said Lot 57. \ All of which is hereinafter referred to collectively as the "Affected Land" and is reflected in the attached map (Exhibit "A") incorporated as part of the Covenant and Agreement hereby agree and covenant 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. 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 their successors or assigns shall be liable for the reasonable attorneys' fees of Covenantee. INDIVIII1AL ,\, St&te of Callfonl1& .~t7 of r/!F (Gar;(/II , (; aa '011 ;jJ.j!ifJ1Jut ,( 1 tv. before me~ the underll1I;Dlld, a DOtarr ptbl10 1D aDd tor 11&14 ccnmtT eJ:l4 ata te, peraoD&ll7 appeared ...:.L\-t,( ~ Iv Co,- II'\. ~j \\J f\y^, ~. . I peraoD&ll7 )a)OWD to me (~ p;'O~!Lt!L=_=_"',h'_ba~ or eat.istaotol'7' ev1C1~o) to be the' perlloD(a) whoae _(a) ~aVare subeor1bed. to the w1t1W1:ln:s~t-eJ:l4 aolalowledgod. tha.t ea1d. peraoD(') executed the 1IAIIl8. ___ 'Wl'mESS rr(f haDd. aDdotftc1a1 aeal ,(Seal) <; ,) My Comm. Exp. Jan. B, 1992 OFFICIAL SEAL ROSEANN PADILLA Nolllry Publlc-C<:liforrJ:1 LOS ANGELES COUNlY ) ~ SSe 91- 014839 t7~ 718: rP 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 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 Covenantors. 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 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. IN WITNESS WHEREOF, Covenantors have executed this instrument on the date shown opposite their signatures. 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