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HomeMy WebLinkAboutD-2227 ,', I RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO: City Attorney City of Arcadia 240 W. Huntington Dr. Arcadia, CA 91006 RECORDED IN OFFICIAL RECORDS ~'" RECORDER'S OFFICE .:,.f ~, LOS ANGELES COUNTY .~,.;.... CALIFORNIA 1~~~i-. 11 A:M. JUL 121985 l.F~ $9 . . . .. . l 3 T] COVENANT AND AGREEMENT TO DEVELOP AND HOLD PROPERTY AS ONE PARCEL FOR GOOD, VALUABLE AND ADEQUATE CONSIDERATION, receipt of which is hereby acknowledged, CHIEN CHUNG CHANG and SHU-FEN CHANG, Husband and Wife AND SHAN YUAN YU and ANNA Y K. YU, Husband and Wife hereinafter referred to collectively as "Covenantors", hereby declare they are the owners of that certain real property located at 311 E. Live Oak in the City of Arcadia, County of Los Angeles, State of California, legally described as follows: The Easterly 88 feet, measured at right angles of Lots 53 and 54 of Tract No. 13217, in the City of Arcadia, County of Los Angeles, State of California, as per map recorded in Book 264, Pages 26 and 27 of Maps, in the office of the Los Angeles County Recorder. EXCEPT that portion of said land included within the lines of the following described land: Beginning at a point in the Westerly line of said Lot 53, distant Southerly thereon 25 feet from the North - west corner of said lot; thence North 890 04' 30" East parallel with the Northerly line of said lot, a distance of 148 feet; thence North 690 04' 30" East 47.48 feet to the Easterly line of said lot; thence southcol,'ly along said easterly line a distance of 21.28 feet; thence South 690 04' 30" West 43.83 feet; thence South 890 04' 30" West to the Westerly line of said Lot 53; thence Northerly along said Westerly line to the point of beginning. .y all of which aforedescribed is hereinafter referred to collectively as the "Affected Land" 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: 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 apd 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, conveyence or assignment. In the event of such legal actions, Covenantors or their successors or assigns shall be liable for the reasonable attorney's fees of Covenantee. 2. This Covenant and Agreement is for the benefit of the land of and shall inure to 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 8J-~gaS-J 97 S'1'II'1'1:: OF CIILIFONRIII COUN'1'Y OF LOS ANGELES SS. r\, . On this J2Ulday of May , in the year :. 19 8 5 . before me, the undersigned, a Notary Public in and for said County and State, personallY appeared . Chien Chung Chang, 'Shu-Fen Chang, Shan Yuan Yu, Anna Y. K. Yu personally known to me (or proved to me on the basis of siltisfactory evidence) to be the personS whose name 5 are subscribed to the within instrument and acknowledged that thf>Y executed the same. . ~ ,.,. .. Signa ture C40-~~R Chih-chiang e Name (Typed or Printed) Notary Public in and for said County and State j OFFICIAL SEAL CHIH.CflIANG lEE NOTARY PUBLIC - CALIFORNIA LOS ANGELES COUNlY My comm, expir"" NOV 14, 1986 .~) . ., ~ this Covenant and Agreement shall run with the binding upon the heirs, successors and assigns Covenantors. land and shall be of the 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 toe date show opposite their signatures. "COVENANTORS" CHIE sband Dated: J--17:-I-J Dated: .S-:-- / 7-tfjr- ~ -~/h' SHU-FE CHANG, 'fe Dated:. ?7?a;-lii /f,J[r- dvt(j , --SHAN YUAN YU,'/Husband ?/ ~ .. Dated,. h17/h; l'l;:r- A "COVENANTEE" City of Arcadia . /~/'4'._ cF.r- Dated:. &;. /.' \J 8S 805397 APPROVED AS TO fORM: , $ . -2- . , .. .