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RECORDING REQUESTED BY AND
WHEN RECORDED MAIL TO:
City Attorney
City of Arcadia.
240 W. Huntington Dr.
Arcadia, CA 91006
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I FEE $7
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COVENANT AND AGREEMENT TO DEVELOP
AND HOLD PROPERTY AS ONE PARCEL
FOR GOOD, VALUABLE AND ADEQUATE CONSIDERATION, receipt of
which is hereby acknowledged,
GREENWOOD ENTERPRISE, a General Partnership
hereinafter referred to collectively as "Covenantors", hereby
declare they are the owners of that certain real property located
at 414 South Santa Anita Avenue, in the City of Arcadia, County
of Los Angeles, State of California, legally described as
follows:
Lots 2 pn'q 3 in Block 67 l/2 of part of' Arcadia Santa
Ani ta "'T.tact, in Book l3 Pages 89, and 90 of
Miscell~neous Records.
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EXCEPT the Southerly 30 feet of Lot 2 of said Tract.
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all of which aforElqescribed is hereinafter, referred to
collectively as the "Affected Land" hereby agree and covenant
with.1the City of, Arcadia, 'a' Municipal Corporation (hereinafter
refe~red,to as 'the ~C~venaniee")' 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, 'il'nd 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:
l. The Affected Land shall be held and developed as one
parcel "and [1.0 portion thereof shall be voluntarily or
involuntarily sold" conv~yed 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 bea 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, 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
affected land 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 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.
RECORDED IN OFFICIAL RECORDS
RECORDER'S OFFICE , .
LOS ANGELES cOUNTY.'~f..
CALIFORNIA ,.'~
4 MIN. 8 AM OCT 1 1987
PAST. . .
CORPORATION AS A PARTNER OF A PARTNEll8FlIP
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STATB OP CALIPORNrA
COllNlY OF LOS "'IVqG/....S
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On 'S4\.l qAf\~IEl- , before GIll. the undere1sned, & DOtarr public in and for
said sta. personal17 appeared 01e> ci1AlVq- Q-/Ei.J
and ' personally Imown to me or pJ'Oved to GIll OD
the basil1 of satlllfaoto!'1 evidence) to be the perIlOD(II) who executed the Within iDlltna-
ment &11 ~ART~i;~11' A6l2ECMe:IJ, and .:p/1!:iva L.I'~!E;
on behalf ot the oorporation therein named,lIaid oorporation being perllODally known to
me (or proved to GIll on the ballil1 ot lIaUstaatory evidenos) to be OWl of the partnerll
ot ~U1DeP elJT6R. f'f:I$C 07 . ' the partDerBh1p that exeouted the wi thin ,
instrUment, and aoknowledpd to GIll that the oorporation executed it '&e a partner, and
that the partnerBh1p executed it.
Wl'1'RESS '1111 hand and offioial saal
(1II1al)
OFFICIAL SEAL
CATHARINA Y TU
N01ARY puallc - CALIFORNIA
I r.s ANGElES COW'Y
r~~, CJmm. expires JAN 27, 1~r:~
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Q) OFFICIAL SEAL
CATHARINA Y TU
.. . NerAllY PUII-\c . CALlF9RNIIl.
. LOS 1oIlI(tES CIt/lIT\'
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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.
"COVENANTORS"
GREENWOOD ENTERPRISE CO
A General Partnership
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Dated: Y'Z3-8?
By
Cho-Chang Chen, Partner
"COVENANTEE"
City of Arcadia
Dated: 9'-d7/"-r/?
By ~/J~M
G~o g J afts
City Man ger
APPROVED AS TO FORM:
frJdd. ~ $IJ,
Michae~ H. Mlller
City Attorney
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87 1574786
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