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HomeMy WebLinkAboutD-1850 , . ~ .' ..:.' '" CERTIFICATE OF ACCEPTANCE BKD5592pcB44 This is to certify that the interest in real property conveyed or transferred to the City of Arcadia, a municipal corporation, by the deed, grant, conveyance or instrument dated August 28. 1972 , from or executed by Fernando R. Castano , is hereby accepted by the City of Arcadia by the order or authorization of the City Council of the City of.Arcadia contained in Resolution No. 2963, adopted January 21, 1958, and recorded in the office of the Recorder of Los Angeles County on January 29, 1958, as instrument No. 3069 in Book 56448, Page 264, Official Records of Los Angeles County; and the City of Arcadia consents to the recordation thereof by its duly authorized officers. ~ ~~(,,/Id - ~ )/ i Manager ?fiO -TelY'-- City Engineer The document thus described is hereby approved as to form. ~ (J) '.i c..? ~, 1'(lt:.li...UKUINu I'(I:.\JUIl:.:::tII:.U tn .' " CITY OF ARCADIA AND WHEN IIIItCORDItD MAIL TO I NQme City Clerk SI,.., P.O. Box 60 Addr... City & Arcadia, Ca. 91006 $101. L MAIL TAX STATEMENTS TO I City of Arcadia Name Str,,' Addr... Clly & State L J./- /1' :/ ~~v'-. BKD5592pcS43 RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY, CALIF, FOR SECURITY TITLE INSURANCE CO. SEP 6 1972 AT 8:01 A.M. Registrar-Recorder I -.J SPACE ABOVE THIS LINE FOR RECORDER'S USE I DOCUMENTARY TRANSFER TAX $................~.~.~.~.........__m_....nmn__.... _~COMPUTED ON FULL VALUE OF PROPERTY CONVEYED, _OR COMPUTED ON FULL VALUE LESS LIENS AND ENCUMBRAN EMAINING AT TIME OF SALE. ~ Security title Insuranc Co. .J Firm Name I Grant Deed d under lng requeste tree record ~ DocUlllent log code 610. c'tv acqulr Go'" due to ..., necessary, t.1tle., TO 40'.1 CA (1.70) THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FREE J.. FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, FERNANDO R. CASTANO hereby GRANT(S) 10 the CITY OF ARCADIA, a Municipal Corporation, Ihe following described real property in the County of Los Angeles City of Arcadia, , State of California: The northerly 6 feet of Lot 33 City of Arcadia, County of Los in Book 15, Pages 89 and 90 of Recorder of said County. in Block 83 of Arcadia Santa Anita Tract, in the Angeles, State of California, as per map recorded Miscellaneous Records, in the office of the County ~~.....- ~-~ \ Dated ~.;:<'f- I 1'f7.;z, %~/F?~d7ff;;w Fernando R. Castano STATE OF CALIFORNIA COUNTY OF 1,0S ANr.F.T.F.S On signed, a Notary Public in and for said Fernando R. Castano }ss, ~I~ ~I~ ~ before me, the under. Slate, personally appeared , >- '-' ,4 , known to me to he the person_whose name ; ~ subscribed to the within instrument and acknowledged thai he executed the same. WITNESS my hand and official "aJ. , n Signal.,e ~-'~ ~ ~, ~ Name (Typed or Printed) z C 4J 1- ~ >- L C.: ...... - '-' OFFICIAL SEAL FLORENCE E, NEERGARD N01ARY PUBLIC-CALIFORNIA LOS ANGELES COUNTY MyColnmlssion ExpIres Mat. 4.1976 z o f:-: a. C2 u J> ,J ~ P. O. Box 60, Arcadia, CA. g.GOG ('I'h!<. all'lI f(J1' unll'llll Dotarilll ~1"1l1) (J) -J c..;I '. . Title Order No, Escrow or Loan No. MAIL TAX STATEMENTS AS DIRECTED ABOVE '? >-.le L V.P COUNTY OF LOS ANGELES DEPARTMENT OF AUDiTOR-CONTROLLER 153 HALL OF ADMINISTRATION LOS ANGELES, CALIFORNIA 90012 828.3611 MARK H. BLOODGOOD AUDITOR.CONTROLLER April 25, 1973 Direct inquiries to Attn: Mary Gifford City of ATcadia 240 West Huntington Drive Arcadia, California 91006 Attention: Robert D. Ogle, City Attorney SUBJECT: Colorado Boulevard Parcel No. 21 (Castano) Gentlemen: Pursuant to your lp.ttcr dated October 19, 1972, taxes have been cancelled in accordance with Section 4986 of the Revenue and Taxation Code. This cancel- lation waS orrlered by the Honorable Board "f Super- visors Nov. 22, 1972, by Authorization No. 31111. Very truly yours, MARK H. BLOODGOOD, Auditor-Controller R / J..! "/ ' '; , " c' / /? ~c.cr/q:~;,~j/ ,,:-""//"..-1' ,'/v --' (,..-'. By Edwarrl GuerrerC', Chief, Tax Division EG/MG/tc Tax Di v. 1/C-11 3/'(3 ROBERT A. GILL CHIEF DEPUTY E. GUERRERO CHIEF, TAX DIVISION RECEIVED APR 2 G 1973 CITY OF ARCADIA CITY ATTORNEY . . ,October 19, 1972 Mr. Mark H. Bloodgood. Auditor-Controller 500 liest Temple Street, Room 153 Los Angeles, California 90012 Attention: Tax Cancellation Section Request for Cancellation of Taxes Colorado Boulevard Parcel No. 21 (Castano) Please cancel as of the date of recordin8 all taxes on the property described in the attached copy of deed. This property is part of a larger parcel acquired for street widening purposes. There is no building on it. Subject: Very truly yours. ROBERT D. OGLE City Attorney RDO:at Attachment ce: City Clerk ~ seCURfTV TITLB CLTA.1963 AMENDED 1969 STANDARD COVERAGE POLICY OF TITLE INSURANCE issued by SECURITY TITLE INSURANCE COMPANY Security Title Insurance Company, a California corporation, herein called the Company, for a valuable consideration paid for this policy, the number, the effective date, and amount of which are shown in Schedule A, hereby insures the parties named as Insured in Schedule A, the heirs, devisees, personal representatives of such Insured, or if a corporation, its successors by dissolution, merger or consol. idation, against loss or damage not exceeding the amount stated in Schedule A, together with costs, attorneys' fees and expenses which the Company may become obligated to pay as provided in the Conditions and Stipulations hereof, which the Insured shall sustain by reason of: l. Any defect in or lien or encumbrance on the title to the estate or interest covered hereby in the land described or referred to in S(~hedule A, existing at the date hereof, not shown or referred to ill Schedule B or exduded frolll coverage in Sehedule R or in the Conditions and Stipulations; or 2. Unmarketability of such title: or 3. Any defect in the execution of any mort~aj:!:e shown in Schedule B securing an indebtedness, the owner of which is named as all Insured in Schedule A, but only insofar as sueh defect affects the lien or charge of said mortj:!:8j:e upon the estate or interest referred to in this policy; or 4. Priority over said mort~a~e, at the date hereof, of any lien or encumbrance not shown or referred to in Schedule H, or excluded from coverage in the Conditions and Stipulations, said mortgage heing shown in Schedule R in the order of its priority; all subject, however, to the provisions of Schedules A and B and to the Conditions and Stipulations hereto annexed. In Witness Whereof, Security Title Insurance Company has caused its corporate name and seal to be hereunto affixed by its duly authorized officers on the date shown in Schedule A. d~~L ~. :-0...-,......,''''''\.\\\\ ff-Z\~~.~.~J\I~\1111 :~~.... ....~ ", ff~... ...<o~~ :::::... ..\\\~\\\I~O RATEU\.,. ~ ~==: ::;::JI'~ :::::cx. -.- .""tJ~ /. . n '.x:.::: '1.'::>,'" AfARGH 5 \~"',.:..,.,~ Secretary ~ ""~ . ,. . .:: .--- I, v;r.. .. '.::- II, ....... ... .. 5' all\~ elii.... - ~ \\\ ~"~-- /"/7 1V Nr1(~ President An Authorized Signature P.218 (G S.l ~S.'"ca Ift'UfOftU C""'P'''y aIAm."... nIO..II.ld Tr.dom'r~ own.r CONDITIONS AND STIPULATIONS 1. Definition of Terl1l8 The following: terms when used in this policy mean: (a) "land": the land described, spe- cifically or by reference, in Schedule A and improvements affixed thereto which by law constitute real property; (b) "puhlic records": those records which impart constructive notice of mat- ters relalin~ to said land: (c) "knowledge": actual knowledge, not constructive knowledge or notice which may he imputed to the Insured by reason of an)" public records; (d) "date": the effective date; (e) "mortgage": mortgage, deed of trust, trust deed, or other security instru- men Is; and (f) "insured": the party or parties named as Insured, and if the owner of the indehtedness seeured by a mortgn!-(c shown in Schedule B is named as an Insured in Schedule A, the Insured shall include (1) each successor in interest in ownership of such indebtedness, (2) any such owner who acquires the estate or itltere~t referred to in this policy by fOle- closure, trustee's sale, or other legal man. ner in satisfaction of said indehtedness, and (3) any federal agency or in!5trumen- tality which is an insurer or guarantor under an insurance contract or p;uaranty insurinp; or p;uarnnteeing said indebtedness, or any part thereof, whether named as an Insured herein or not, suhject other- wise to the provisions hereof. 2. Benefits after Acquisition of Title If an insured owner of the indehtedness secured by a mortp;age described in Sched- ule B acquires said estate or interest, or any part thereof, hy foreclosure, trustee's sale or other legal manner in satisfaction of said indebtedness, or any part thereof, or if a federal agency or instrumentality acquires said estate or interest. or any part thereof, as a consequence of an in. suran('e contract or guaranty insuring or guaranteeing the indehtedness secured hy a mortgage covered hy this policy, or any part thereof, this poli('y ~hall continue in force in favor of such Insured, agency or instrumentality, suhject to all of the con. ditions and sti pulations hereof. 3. Exclusions from the Coverage of this Policy This policy does not insure against loss or damap;e by reason of the following: (a) Any law, ordinance or govern. mental regulation (including but not lim- ited to Imildinp; and zoning ordinances) restrictinp; or regulating or prohibiting the occupancy, use or enjoyment of the land, or regulating the character, dimensions, or location of any improvement now or here. after erected on said land, or prohibiting a separation in ownership or a reduction in the dimensions or area of any lot or parcel of land. (b) Governmental rights of pol!ce power or eminent domain unJess notice of the exercise of such rights appears in the public records at the date hereof. (c) Title to any property beyond the lines of the land expressly described in Schedule A, or title to streets, roads, avenues, lanes, ways or waterways on which such land abuts, or the right to maintain therein vaults, tunnels, ramps or any other structure or improvement: or any rig;hts or easements therein unless this policy specifically provides that such property, rights or easements are insured, except that if the land abuts upon one or more physically open streets or highways this policy insures the ordinary rights of ahuttinv; owners for access to one of sllch streets or highways, unless otherwise ex. eepted or excluded herein. (d) Defects, liens, encumbrances, ad. verse claims against the title as insured or other matters (1) created, suffered, as- sumed or agreed to by the Insured claim. ing loss or damage; or (2) known to the Insured Claimant either at the date of this policy or at the date such Insured Claim- ant acquired an estate or interest insured hy this policy and not shown by the public records, unless disclosure thereof in writ. ing by the Insured shall have been made to the Company prior to the date of this policy: or (3) res-ultmg in no loss to the Insured Claimant: or (4) attaching or created subsequent to the date hereof. (e) Loss or damage which would not have been sustained if the Insured were a purchaser or en('umhrancer for value without knowledge. (() Any "consumer credit protection", "truth in lending" or similar law. 4. Defense and Prosecution of Ac. tions - Notice of Claim to be Given by the Insured (a) The Compan)., at its own cost and without undue delay shall provide (l) for the defense of the Insured in all litigation consisting of actions or proceedings com. cenced against the Insured, or defenses, restraining orders, or injunctions inter- posed against a foredosure or sale of the mortj!age and indehtedness covered hy this policy or a sale of the estate or interest in said land; or (2)- for such action as may he appropriate to establish the title of the estate or interest or the lien of the mortgage as insured, which litigation or action in any of such events is founded upon an alleged defect, lien or encum- hrance insured against by this policy, and may pursue any litigation to final determ- ination in the murt of last resort. (b) In case any such aclion or pro. ceeding shall be begun, or defense inter- posed, or in case knowledge shall come to the Insured of ar.y claims of title or in. terest whif:h is adverse to the title of the estate or interest or lien of the mortgage a<; insured, or which mil!:ht cause loss or damage for which the Company shall or may be liable by virtue of this policy, or if the Insured shall in good faith contract to sell the indebtedness secured by n mort- ga~e covered by this policy, or, if an Insured in good faith leases or contracts to sell, lease or mortgage the same, or if the successful hidder at a foreclosure sale under a mortgage covered hy this policy refuses to purchase and in any such event the title to said estate or in- terest is rejected as unmarketahle. the Insured shall notify the Company thereof in writing. If such notice ~hall not he p;i..'en to the Company within ten uays of the receipt of process or plendings or if the Insure:! shall not, in writing, prompt:y notify the Company of any defect, lien or encumbrance instlred against which :-ohall ('orne to the kuowleJge of the In- sured, or if the InSUlcd shall not, in writing, promptly notify the Company of any sllch rejection hy reason of daimcd uumarketahility of title, then all liability of the Company in regard to the SUhjCI't matter of such action, proceeding or matter shall cease and terminate: pro- vided. hoy,ever. that failure to notify shall in 110 case prejudice the claim o.f any Insured unless the Company shall he actually prejudiced hy such failure and then only to the extent of sllch prejudice. (c) The Company shall have the light at- its own cost to institute and prosecute any action or proceedin~ or do any other act which in its opinion may he necessary or desirahle to estahlish the title of the estate or interest or the lien of the morl- p:ap:e as insured; and the Company may take any appropriate action under the terms of this policy whether or not it shall he liable thereunder and shall not thereby concede liability or waive any provision of this policy. (d I In all cases where this policy permits or requires the Company to pres- ecute or provide for the defense of any action or plOceeding, the Insured shall secure to it the right to so' prosecute or provide defense in s\lch action or pi 0- ceeding, and all appeals therein, and pf"r- mit it to use, at its option. the name of the Insured for stich purpose. Whenever (Conditions and Stipulations Continued and Concluded on Last Page of This Policy) Cahfornla Land Title Association Standard Coverage Policy Form ',' Copyng,hl 1963 SCHEDULE A Effective Date: September Amount 01 liability: S 6, 1972 at 8:01 2,000.00 A.M. Policy No: 7210648 Premium S 50.00 INSURED THE CITY OF ARCADIA, a municipal corporation 1. The estate or interest in the land described or referred Lo III this schedule covered by this policy IS: a fee 2. Title to the estate or interest covered by this policy at the date hereof is vested in: THE CITY OF ARCADIA, a muniCipal corporation o. The land referred to in this policy is situated in Ihe Slate 01 Calilornia, County of Los Angeles and is described as follows: The Northerly 6 feet of Lot 33 in Block 83 of Arcadia Santa Anita Tract, in the City of Arcadia, as per map recorded in Book 15 Pages 89 and 90 of Miscellaneous Records, in the office of the County Recorder of said County. . sl~'~'da';;r C~~~~;ag~' -p~i;~y~VF~~'~': C~pynghl 1963 SCHEDULE B This policy docs not insure against 10" or damage hy reason or the following: PABT I 1. Taxes or assessments which are not shown as existin:r Iiell~ by thc rccor<ls of any ta:\illl! authority that levie.!' taxes or assessments on real property or by the public records. 2. Any faels, rights, inlerests. or claims which are nol ~hown hy \he publit: recol'd~ bUl which could be as{"erlained by an inspection of said land or by making inquiry of per~ons in "ossc~sion thereof. 3. Easements, claims of easement or encumbran<:es ,\'hich are not shown hy the public records, .:1. Discrepancies, conflicts in boundary lines, ~hortage ill area. encroachments, or any other faels which a {'orrect survey would disclose, and which are not shown by the puhlil' rel'orcl:-;. 5. Unpatented mining claims; reservations or exceptions ill putenb or in Ad:- authorizing the i~~lIanl'e thereof j water rights, claims or title to water. PABT II 1. General and special taxes for the fiscal year 1972-1973, a lien not yet payable. . ~ ~ ~ .!?~) T1TI.../ ~ "=' =-">-., ~ ~ .;;- lli ~ ~ ~ -<'- ~~ :=?- - ~ Ct?Lt?P4..ot? .#L j/L:/. ..3'6 .3/ /4..5 /,s 3 .z / /-.'5 ~ .5l7 50 '" ~ OJ '" '32 3/" [J~ "~,, 1'\3,3 t '" q -50 .y 50 ~~6'~ ~.5fJ '" 60'[ ~ ~ ~ ~8.;1 .5" ~ ~ ~ .3lJ .5(J ~ '0 ~' ( '.l"L5 36 :g .. i's - ~ ~~ /~ '\ Ii; " ~ " '3 '" '" 45' " ~ ..c::4 ,.q:l,&;:r.e- 67 4~C'4LJ..?4 .s4#/4 44//74 ..T~C'/ ,o<7.e. ,8,,: ~ 6'3 4?,f! /~J'~-90 "Thi" pl.ll i.. for )(>Ur liid in IO(,iltin~ )'OUr land wilh lelerenl't~ (0 l'1n"t'I$ nlltl olhrr parcel.., 11 is nOI II sur\'ey. Whilt' Ihi.. 1,lal I.. J.elil'\'(.d to hi' ('OI'f/'l'l. the Company a"SUllH:S no liahility for (lily 10..... o""lIrrinj.: hy rea..oll (If n.lilllwe lIH'lI'Hn:" ~ ~ SECURITY TITLE JNSURANCE COMPANY . ' " CONDITIONS AND STIPULATIONS (Continued and Concluded "~rom Reverse Side of Policy Face) requested by the Company the Insured shall give: the Company all rea~onab.le aid in anf such action or proceedmg, In effecting settlement, securing evidence, obtaining witnesses, or prosecuting or de- fending stlch action or proceeding, and the Compilny shall reimburse the Insured for any expense so incurred. 5. Notice or ).A)88 - Limitation of Actiol1 In addition to the notices required under paragraph 4(b). a statement in writing of any loss or damage for which it is claimed the Company is liable under this policy shall he furnished to the Company within sixty days after such loss or dam- age shall have been determined ,and no right of action shall accrue to the Insured under thi$ policy until thirty days after such statement shall have been furnished and no recovery shall be had by the In. sured under this policy unless action shall be commenced thereon within five years after expiration of said thirty day period. Failure to furnish such statement of loss or damag(:, or to commence such a?tion within the time hereinbefore specified, shall he tl ('onclusive bar ap:ainst main. tenance by the Insured of any action under this policy. 6. Option 10 Par. SeuJe or Compro- mise Ouims The COlnpany shall 'have the option to payor settle or compromise for or in the name of the Insured any claim insured against or to pay the full amount of this policy, or, in case loss is claimed under this policy by the owner of the indebted- ness secured hy a mortgage covered by this policy, the Company shall have the option to Jlurehasc said indebtedness; such purchase, payment or tender of payment of the full amollnt of this policy, together with all ('osts, attorneys' fees and ex- penses which the Company is obligated hereunder to pay, shall terminate all liability of the Company hereunder. In the event, after notice of claim has been p:iven to the Company by the Insured, the Company offers to purchase said indebt- edness, the owner of such indebtedness shall transfer and assign said indebtedness and the mort~a~e securing the same to the Company upon payment of the purchase price. 7. Payment of Loss (a) The Liability of the Company under this policy shall in no case exceed, in all, the actllal loss of the Insured and costs and attorneys' fees which the Com. pany may he obligated hereunder to pay. (h) The Com~any will pay, in addition to any loss insured against by this policy, all costs imposed upon the Insured in litigation carried on by the Company for the Insured, and all costs and attorneys' fees in liti~ation carried on by the Insured P-218 (0 S.) with the written authorization of the Company. (c) No claim for damages shall arise or be maintainable under this policy (l) if the Company, after having received notice of an alleged defect, lien or encum. brance not excepted or excluded here. in removes such defect, lien or encum. brance within a reasonable time after receipt of such notice, or (2) for liability voluntarily assumed hy the Insured in settling any claim or suit without written consent of the Company, or (3) in the event the title is rejected as unmarketable because of a defect, lien or encumbrance not excepted or excluded in this policy, nntil there has been a final determination by a court of competent jurisdiction sus. taining such rejection, (d) All payments under this policy, except payments made for costs, attorneys' fees and expenses, shall reduce the amount of the insurance pro tanto and no payment shall he made without producin~ this policy for endorsement of such payntent unless the policy he lost or destroyed, in which case proof of such loss or destruc. tion shall be furnished to the satisfaction of the Company; provided, however, if the owner of an indehtedness secured by a mortgage shown in Schedule B is an Insured herein then sllch payments shall not reduce pro tanto the amount of the insurance afforded hereunder as to such Insured, except to the extent that stich payments reduce the amount of the in. debtedness secured by such mort~age. Payment in full by any person or voluntary satisfaction or release hy the Insured of a mortgage covered by Ihis policy shall terminate all liahility of the Company to the insured owner of the indebtedness secured by such mortgage, except as pro. vided in paragraph 2 hereof. (e) When liability has heen definitely fixed in accordance with the conditions of this policy the loss or damage shall he payahle within thirty days thereafter. 8. Liability Noncumulative It is expressly understood that the amount of this policy is reduced by any amollnt the Company may pay under any policy insuring the validity or priority of any mortgage shown or referred to in Schedule B hereof or any mortgage here., after executed by the Insured which is' a charge or lien 011 the estate or interest, described or referred to in Schedule A, and the amount so paid shall be deemed a payment to the Insured under this policy. The provisions of this paragraph num. hered 8 shall not apply to an Insured owner of an indebtedness secured by a mortgage shown in Schedule B unless such Insured acquires title to said estate or interest in satisfaction of said indeht- edness or any part thereof. 9. Subrogation upon Payment or Seulernent Whenever the Company shall have settled a claim under this policy, all right of subrogation shall vest in the Company unaffected by any act of the Insured. and it shall he subrogated to and be entitled to all ri~hts and remedies which the Insured would have had a~ainst any person or property in respect to such claim had this policy not been issued. If the pa)'- ment does not co\'er the loss of the In. sured, the Company shall he suhrogated to such rights and remedies in the proportion which said payment bears to the amount of said loss. If loss should result from any' act of the Insured, such act shall not void this policy, but the Company, in that event, shall be required to pay onl)' that part of any losses insured against hereunder which shall exceed the amount, if any, lost to the Company by reason of the impairment of the right of subrogation. The Insured, if requested by the Company, shall transfer to the Company all ri~hts nnd remedies against any person or prop. erty necessary in order to perfect such right of subrogation, and shall permit the Company' to use the name of the Insured in any transaction or liti/Zation involving such ri/Zhts or remedies. If the Insured is the owner of the in. dehtedness secured by a mortgage ('overed by this policy, such Insured may release or substitute the personal liability of an)' dehtor or ~Ullrllntor, or extend or other. wise modify the terms of payment, or release a portion of the estate or interest from the lien of the mortgage, or release any collateral security for the indebted. ness, provided such aet does not re,mlt in any loss of priority of the lien of the mortp:ag-e, 10. Policy Entire Contract Any action or actions or rights of action that the Insured may have or may bring against the Company arising out of the status of the lien of the mortga/Ze covered hy this policy or the title of the estate or interest insured herein must be based on the provisions of this policy. No provision or condition of this policy can be waived or changed except b}' writing endorsed hereon or attached here- to signed by the President, a Vice Pres- ident, the Secretary, an Assistant Secre. tary or other validating officer of the Com- pany. Il. Notices, Where Sent All notices required to be given the Company and any statement in writing required to be furnished the Company shall be addressed to it at the office which issued this policy or to its Home Offi('e, 13640 Roscoe Boulevard, Panorama City, California 91409. 12. THE PREMIUM SPECIFIED IN SCHEDULE A IS THE ENTIRE CHARGE FOR TITLE SEARCH, TITLE EXAMINATION AND TITLE INSURANCE.