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Home My WebLink AboutD-1863 . , . " .Il CERTIFICATE OF ACCEPTANCE or tr~n5.6~~ctSI This is to certify that the interest in real property conveyed to the City of Arcadia, a municipal corporation, by the deed, grant, conveyance or instrument dated November 3, 1972 , from or executed by Frances Theodore Cano and Shirley Ann Cano , 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 authorize~fficers. , I~ . ~ t~4~-C ~lI~ ' I City Managq Ci ty Engineer Th document thus described is hereby approved as to form. ~r:eY 00 ~ ~ '~--.....':':'.'............. "..............""'........ " .' .' .-.' I CIfy OF ARCADIA ,.813 ~orY RECOROED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY. CALIF. OR SECURITY TITLE INSURANCE CO, DEe 11 1972 AT 8:01 A.M, Registrar.Recorder ~~~ "J...- FJ BK05694pc 150 AND WHl!N Itl!CDItDl!D MAIL TO I Cle,lk Nom. City $tr..t P.O. Box 60 Addr... City & Arcadia, Ca. 91006 Slot, L I .-J , MAIL TAX STATEMENTS TO SPACE ABOVE THIS LINE FOR RECORDER'S USE I I City of Arcadia I DOCUMENTARY TRANSFER TAX $......hP.~........................... _~COMPUTED ON FULL VALUE OF PROPERTY CONVEYED, _OR COMPUTED ON FULL VALUE LESS LIENS AND ENCUMBRANCES REMAINING AT TIME OF SALE, ('D . Signature Declarant or . Nom. Slr..t Add,." City & slal'L .J I Grant Deed TO 4015.1 CA (1.70) THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY I FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, FRANCES THEODORE CANO and SHIRLEY ANN CANO hereby GRANf(ltl to the CITY OF ARCADIA, a Municipal Corporation, , the following d~cribed real property in the County of Los Angeles ( City of Arcadia, , State of California: The northerly 6 feet of Lot 26, Block 82 of Arcadia Santa Anita Tract, in the City of Arcadia, County of Los Angeles, State of California, as per map recorded in Book 15, Pages 89 and 90 of Miscellaneous Records, in the office of the County Recorder o'f said County. ~aaT sl:.aa I TaC\ua enl:. " TainB DOcUll\ uiTin.. ~aco 0"" ~cC\ "Taa' . E;l." Cil:.'f . Coaa 1:.0 GO'" d aua SS~T' nace \i.'l:.1.a. . .' DatedJ~; ~} If;/ z. I STATE OF CALIFORNIA } COUNTY OF~S ANGF.T.F.!': 55. Onc.-n ~:3 /97 Z. before me. the under. sj....ned a Notar~' lublic in and for said Stale. pen'onally appear('r! ", , Frances Theodore Cano and Shirlpy Ann r.~nn . known to me , to be Ihe person~whose namp s are subscribed to the within instrument and acknowledged that they executed the samf'. WITNESS /j;;d ~nd offiCi~1 ~ J \: ~, Signature~"t~(l ~~~./ :r~-'~~ ~'6""'~" -.::.-... , ...., .'; . '_!. ~l~." .f?~~~ 0 ~\;t-;, , c.:>t.~"" :&:1"01<" OFFICIAL SEAL CHB1SdNE V,t,N MAANE~',! NOTARY PUBLIC. CALIFORNIA LOS ANGELE::: COUN"C'I' My:'ommj~sion Explresjunc 23,1975 ' ~.,~--"...." >, ;. ,--' 240 W. Huntington Dr.. Arcadia. Calif. 91006 Title Order No, Escrow or Loan No. ~ 23 i': "- 0: u -" ..J " Name (Typed or Printed) (Tllh all':l fut "nIdal nO\lrlaltwul) -.~ . MAil TAX STATEMENTS AS DIRECTED ABOVE ,nL,.\JvnUlI'IIU n[:uu[:v I [:U 0' ., J , , '.812 /=/)'~J1 ~~. ". CITY OF Al!.CADIA ~1i\~ ~ Arcadia, California 91006 City P.O. Box lerk o RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY, CALIF, OR SECURITY TITLE INSURANCE CO, DEe 11 1972 AT 8:01 A,M, Registrar.Recorder 81R4093pc592 WHEN RECORDED MAIL TO: I FREE ~ ~ -, SPACE ABOVE FOA RECORDER'S USE ONLY Loan No. 325-123585 Recon. No, 2-9503 PARTIAL RECONVEYANCE WHEREAS, CAL FED ENTERPRISES, a Corporation, of Los Angeles, California, as Trustee under Deed of Trust made by FRANCIS THEODORE CANO AND SHIRLEY ANN CANO, husband and wife Trustor(s) and recorded December 29, 1970 in book T6849 at Page 158 Official Records of Los Angeles County. California. has received from Beneficiary thereunder, a written request to reconvey, in accordance with the terms of said Deed of Trust, all estate now held by said Trustee under said Deed of Trust in and to the hereinafter described property, said Beneficiary having presented said Deed of Trust and note(s) secured thereby for endorsement. NOW THEREFORE. in accordance with said request and the provisions of said Deed of Trust, CAL FED ENTERPRISES as Trustee, does hereby RECONVEY, without warranty, to THE PERSON OR PERSONS LEGALLY ENTITLED THERETO. all estate now held by it thereunder in and to that property situate in said county, described as follows: The northerly 6 feet of Lot 26 in Block 82 of Arcadia Santa Anita Tract as per map recorded in Book 15 Pages 89 and 90 of Miscellaneous Records, in the office of the County Recorder of said County. sted under ding reque Free recor ~ DocUWent d 610.... ' '~a Go'" Co e C' ty acqU~r~", due to ~ necessary ~1 tIe. The remaining property described in said Deed of Trust shall continue to be held by said Trustee under the terms thereof. As provided in said Deed of Trust, this Partial Reconveyance is made without affecting the personal liability of any person for payment for the indebtedness secured by said Deed of Trust. IN WITNESS WHEREOF, CAL FED ENTERPRISES. a Corporation, as Trustee, has executed this Instrument as of the date of its acknowledgement. Authorized Signature P. Beard \\\1111111// \" EN"" /'1 ,'n 'S': '/ "t'..~'v..".u.... ~,.o<"... " "' .' ~ PO"" :;<\ J :: /0(""\ rJ-<1;..:I/:....... ;;":'0 (<''oil':: ::<(:f: 0':1<':: :: u \ JULY B, : lJ) :: . . , . - . 0' .. -=:. .... 1970./ ..:::: J'<''''l:';f;i:iR'~'~''' II/ \" /Iflllll\\\ aJ I-A l\:J CAL FED ENTERPRISES, a California Corporation, as Trustee # --d3.e..ekd..-/ By STATE OF CALIFORNIA County of Los Angeles } ss, pb On November 22, 1972 before me. the undersigned, a Notary Public in and for said County and State, P. Sea rd personally appeared who is known to me to be the A" ; c:.ti1nt Secretary of the Corporation that executed the within Instrument, known to me to be the person who executed the within Instrument on behalf of the Corporation therein named, and acknowledged to me that such Corporation executed the within Instrument pursuant to its by-laws or a resolution of its board of directors. WITNESS my hand and official seal. <>000<>0000..................... g @ OFFICIAL SEAL : ~ Ii d.' -, BETTY JEAN JOHNSON. Signature ~;;('7 ~ ~~ : ~t1i NOTARY PUBLIC - C^L1FOR~" : " ..... . PRINCIPAL OFFICE IN : v . " . .. LOS ANGElES COU:lTl' . .l:"l : My CDrnmission Expires June 13. 1976 0 ~ .............................0 \ j db An.,,] '" or vT11CUll NotDfl; S~,J~I / () ~ t./ 1 E.35 2M 2171 OF 2 ~ . STATE OF CALIFORNIA } COUNTY OF":"LOS AIl~RT RS 55. ].!..On--.1io.vember 28.--12.72 befo'e me, Ui . the lllldersiened. a Notary Public in and for said Connly and State. personally appeared _He..r.b.eJ::'~kins known to me to be Ih.. President, and -.H11d.r.e..d Popovic~ . known to me to he ~88i_S.t.an~Secrelary of the corporation that e:xcruted the within Instrument, kno....n to me to be the persons who executed th(~ within Instlume'lIt on behalf of the rorporation therein named. and a('knowled~ed to me that such corporation executed the within instrument pu nl to its by.laws or a res utian 0 '. board of directors. ,: . ~ e .2 1i 8- a l> ... v '" , '" o -. ...,-a... ,g . ~cii ~ " SignaluT Name (Typed or Printed) Notary, Public in and fOr said County and Slate BKR4093pcS9 I ex; ...... ...... FOR NOTARY SEAL OR STAMP OFFICIAL SEAL Q JOONNA E. RICHINS NOTARY PUBLIC - CALIFORNIA PRINCIPAL OFFICE IN LOS ANGELES COUNH My Commission Expi,es S~~t. ~1: 19!?,J . :City of Arcadia 811 // -" / .J (,.) ,:;J 8KR409]pcS90 " When Recorded Mail to: I City Clerk P.O. Box 60 Arcadia, CA. 91(j06 RfiOOllill€D IN OFACIAl RECORDS Of U)$ NlGEl.fS COUIClY. CALIF. llECURl1Y TlTt.E IfIllUIlM(X CO. DEe 11 19n AT 8:01 A.M. Re&istrar.~de1 Order No._..._.__..._..._....__._...._..._...._...._....._... Escrow No.__...~...__...............................___._....................~ ---- FR~E 1/ F1 SPACE ABOVE FOR RECORDER'S USE ONLY Re~isler NOh_K-1Zuh Partial Reconveyance FORTRESS TRUST DEED CORPORATION, a corporation, as truslee under the deed of trust m.de hy FRANCES THEODORE CANO and SHIRLEY ANN CANO, Husband and Wife I . trustor. .nd recorded .s Instrument No. 1213 , on December 29, 1970 , in Book T 6849 P.ge 159 , of Official Records in the ollice of the County Recorder of Los AnlJies , having been requested in writing by the holder of the obligations secured by said deed of trust, to reconvey a portion of the eslate granted to said trustee under said deed of trust, DOES HEREBY RECONVEY unto the person or persons legally entitled thereto, without warranty, all the estate, title and interest acquired by said trustee under that deed of trust in and to that portion of the property, described as follows: The Northerly 6 feet of Lot 26, Block 82 of Arcadia Santa Anita Tract, in the City of Arcadia, County of Los Angeles, State of California, as per map recorded in Book 15, Pages 89 and 90 of Miscellaneous Records in the office of the County Recorder of said County. -$>-ae-r ~'\,eo. 1'e<\~e e~'\, :s).?~ I a',,(I\!, 1)Oc~ ~c~~ -reCo-r '0;.0'5. Ci.'I.'f. ~e coo.e a\l.e 'l.Q GO~. 1l1l~T'I- , ~/ The rerriaining property described i.n said deed of trm:t shall continue to be held by said trustee under the terfT.1:' thereof. As provided in said deed of trust this Partial Reconveyance is made without affecting the personal liability of any persor1 for payment of the indebtedness sec:Jred by said deed of trust. I ~ ~ 0, I D.ted_.,.......J!!?Y.~\!!l.r...2,8....l9.12.......___.........,_h_... FORTRESS TRUST D~ED CORPORATION By,~~'-:'._""",,__..As.st....secretary crJ ~~ . .,.".,...,..,.W::;~:::~~::.~,~I,~,.,.....,.,.,....__..} 55. On..................NoY.emb.e.r....2.8......19.1.2......... ................ .m.., before me, the undersigned, a Notary Public in and for said Count}" and Stat~, personally 8ppeared.......m.mnmmnMildr:edmPOpOy.icbn..........mn............nm..n..................................................m .._....... .... ....... ....,............-..........,.............,..........-....,.. .....................,..., ....................know me 10 belSS.t~,..S,ecr.etar'" _.. .of FORTRESS fifO'sf' DEED COR~qRA liON . the c~rporation that ~ ecu ~d the. within instTU~e:it. 8 ckn w\e j!:ed to -me that sut;h corporation eX~c t nit u ent ursuant 10 Its by.laws or a r oj t n of Its board of dlT . OFFlC'IAL SEAL -.. ...... ... ~{h""" ....... ~, (Se.1) ~ (N I. . IDONNA E. RICHINS 0 ary "8 ature , . 4~ No;~i~~~:~~C ;F~~g:OI~IA I; ..nn...m(.::Hj~.-,;.~;;;~..i.~.~i~ry:~..;..~h~ii..b~..iyp~d..~~ui~gi.b.iy..p~i.~.i~d;;.i LOS ANGELES COUNT'f (Sec. 8205 . Government Code 1959) ~~ ~ ,,{ " ~ ~ I@ /2-/06& , MARK H. BLOODGOOD "'\JD\"OR.CON"ROLL~R COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR. CONTROLLER 153 HALL OF ADMINISTRATION LOS ANGELES, CALIFORNIA 90012 625-3611 ROBERT A. GrL.L Cl-lIEF DEPUTY E. GUERRERO CHIEf". TAX DIVISION May 25. 1973 Direct inquiries to Attn: Mary Gifford RECEIVED MAY 30 1973 City of Arcadia 240 West Huntington Drive p. O. Box 60 Arcadia, California 91006 CITY OF ARCADIA C11Y ATIORNEY Attention: Robert D. Ogle City Attorney SUBJECT I Colorado Boulevard Parcel No. 15 Frances T. and Shirley A. Cano, grantors 'Gentlemen: Pursuant to your l",tter dated December 27, 1972, taxes have been cancelled in accordance with Section 4986 of the Revenue a!ld Taxation Corle. This canc<ll- lation was ornered by the Honorabl" Board of Super- Visors M~ 23, 1973, by Authorization Nf'. 31850. Very truly YOurA, MhRK H. BLOODGOOD, Auditor-Controller , J::L?' // /' ..~~~/. '/ " ,";" /7 ~r::V/Ir:/ ~J/ ~///,?'/~,.' '-' <.-~ Tly Erl.warrl Guerrer", Chief, Tax Division EG;MG/tc l. I Tax Div. #C-11 3/'(3 . December 27, 1972 Mr. Mark H. Bloodgood, Auditor-Controller 500 West Temple Street, Room 153 Los Angeles, California 90012 Attention: Tax Cancellation Section SUbject: Request for Cancellation of Taxes Colorado Boulevard Parcel No. 15 Frances Theodore and Shirley Ann Cano Dear Mr. B1.oodgood: Please cancel as of the date of recording all taxes on the ~roperty described in the attached copy of deed. This property is for street widening purposes. There is no building 011 it. Very truly yours, ROBERT D. OGLE ,City Attorney RDO:at Attachment I cc: City Clerk ~ ~~~ CLTA.1963 AMENDED 1969 STANDARD COVERAGE POLICY OF TITLE INSURANCE issued by SECURITY TITLE INSURANCE COMPANY I Security Title Insurance Company, a California coqK>ration, 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 consolo idation, against loss or damage not exceeding the amount stated in Schedule A, together with costs, attorneys' Iees and expenses which the Co~pany 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 descrlbed or referred to in Schedule A, existing at the date hereof, not shown or referred to in Schedule B or excluded from coverage in Schedule B or in the Conditions and Stipulations; 0' 2, Unmarketability of such title: or 3. Any defect in the execution of an)' mort~a~e shown in Schedule B securing an indebtedness, the owner of which is named as an Insured in Schedule A, but only insofar as such defect. affects the .... ,lien or char~e of said mortp:a~e upon the estdte or interest referred to in this policy; or 4. Priority over said mortgage, at the date hereof, of any lien or encumhrance not shown or referred to in Schedule B, or excluded from coverage in the Conditions and Stipulations, said mortgage being shown in Schedule B in the order of its priority; all subject, however, to the provisions of Schedules A and R and to the Conditions and Stipulations herel:o annexed. In 1Pitness Whereof, Security Title Insurance Company has caused its corporate name and seal to be here~nto affixed by its duly authorized officers on the dale shown in Schedule A. ~~~L ~. ~"""\'\\\\\ ..::---;'~SURJlA.'\\\ ;:- \. '.........'~c: III ~~'J... ...~ "1 ?"'.. ...C ~ 1~ l,\\'\,\\\\PO RA TEO~~~ ~=: :,.-% :::;a:. -.- . .""O~ /I, . \ .)::a..~ ~?\ AfAR"" 5 \~'iI ::c: ~ ~J'-?.1. II., .",-:: '1.......-"'.. . '.::: '/1.1 ... ..... ..:: 111\~/liifO"ii'':...::-.:?-- - ~~Z~~ An Authorized Signature 1V N dteidt President P-21B (G S) ~S.f.co 1~lut."c. Complny of Am."U, flIOlll...d n....m.tk O_.r I CONDITIONS AND STIPULATIONS 1. Definition of Terms The followin~ terms when lIsed 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; (h) "public records": those records which impart constructive notice of mal. lers relatinJ!; to said land: (c) "knowledge": actual knowledge, not constructive knowledJ!:c or notice which may he imputed to the Insured by'reason of an}' public records; (d) "date": the effective date; (e) "mortgage": morlga~e. deed of trust, trust deed, or other security instru- ments; and (() "inSUled": the parly or parties named as Insured, and if the owner of the indehtedness secured by 11 morlgaj:!;c shown in Schedule B is named as an Insured in Schedule A, the Insured shall include (I) each successor in interest in ownership of ~llch indebtcdness, (2) any such owner who acquires the e.'ttate or interest rcfcned to in this policy by fore- closure, trustee's sale, or other lel!:al man. ner in satisfaction of said indehtedne~s, and (3) any federal agency or instrumen- tality which is an insurer or gunrantor under an insurance contract or g:tlaranty insurinp; or p;unrnnteeinp; said indehtedness, 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 indebtedness secured hy a mortg:ap;e described in Sched- ule B acquires said estate or interest, or any part thereof, by 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- surance contract or guaranty insuring or guaranteeing the indehtedness secured by a mortg:ap;e covered by this policy, or any part thereof, this policy shall continue in force in favor of stich Insured. ap;ency or instrumentality, subject to all of the con. ditions and stipulations 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 !lot lim- ited to huilding and zoning ordinances) restricting or regulatinp; or prohibiting the occupancy, use or enjoyment of Ihe 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 ill the dimensions or area of any lot or parcel of land. (h) Governmental rights of pol!ce power or eminent domain unless notice of the exercise of such rights appears in the public records at the date hereof. (c) Tille to any property beyond the lines of the land expressly descrihed 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 rights or easements therein unless this policy specifically provides that such property. rights or casements are insured, except that if the land abuts upon one or morc physically open streets or highways this policy insures the ordinary rijrhts of ahutting owners for access to one of such streets or highways, nnless otherwise ex- cepterl or e"(c1uded hetein. (d) Defects, liens, tmcumhrances, ad. verse claims against the title as insured or other matters (I) created, suffered, as- sumed or al!:reed 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 sitch Insured Claim- ant ar:quired an estate or interest insured hy this policy and not shown hy lhe puhlic records, unless disclosure thereof in writ- ing hy the Insured shall have been Illade to the Com pan)' prior to the date of this policy: or 13) le~lIhillJr in no los.; to Ihe Insured Cldimant: or (4) altaehing or created suhsequent to the date hereof. (e) Loss or damage which would not have been sustained if the Insured were a purchaser or encumbrancer for value without knowledge. (f) Any "consumer credit protection", "truth in lending" or similar law. 4. Defense and Prm'lecution of Ac- tions - NOlice of Claim 10 be Given by Ihe Insured (a) The Company, at its own cost and without undue delay shall provide (1) for the defense of the Insured in all litigation consisting of actiolls 01' proceedings com. cenced aJ!ainst the Insured, or defenses, restraining orders, or injullctions inter- posed against a foreclosure or sale of the mortgage and indehtedness covered by this policy or a sale of the estate or interest in said land; or (2) for sllch aelion as may he appropriate to establish the title of the estate or interest or the lien of the mortgaJ!:e as insured, which litigation or action in any of such e\'ents is founded IIpon an alleged defect, lien or encum. hrance insured against by this policy, and may purSlle any litigation to final determ- ination in the court of last resort. (h) In case any such action or pro. ceeding shall be hegun, or defense inter- posed, or in case knowledge shall come to the Insured of any claims of title or in- terest which is adverse to the title of the estate or interest or lien of the mortgage as insured, or which mig: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 failh I'ontract to sell Ihe indebtedness secured by a mort. ~age covered by this policy, or, if an Insured in good faith leases or contracts to sell, lease or mortgage the same, or if the sllccessful bidder at a foreclosure sale under a mortgage covered hy Ihis policy refuses to purchase and in any such event the title to said estate or in- terest i., rejected as unmarketable, the Insnred shall notify the Company thereof in writing. If such notice shall not he given to the Com pan)' within ten days of the reccipt of process or pleadin~s or if the Inslll'cd ~hull not, in writinp:, p..ompt:y notif)" the Company of any defect, lien or encumhrclllce insured ap:ainst which ::.hall come 10 the knowledge of the In- sllled, or if the Insllred shall not, III writing, promptly notify the Company of any such rejection by reasoll of claimed lI11rnarketahility of title. then all liability of the Company in regard to the suhject matter of such action, proceedlll~ or multer :-.hull cease and tcrminute: pro. vided, however, that failure to notify shull III no case prejudice the claim of any Insured unless the Company shall he actually ptejudiced hy stich failure ami then only 10 the e,;tent of sllch prejudice. (c) The Company shall have the tight at its own cost to institute nnu prosecute any action or proceeding 01" do any other act which in its opinion may he necessary or desirahle to establish the title of the estnte or interest or the lien of the morl. j!a,::e as insured: and the Company may take any appropriate action under the terms of this policy whelher or 1I0t it shall he liahle thereunder and shall not therehy concede liahility or waive allY pro\.ision of Ihis policy. (d) In all cases where this policy permits or requires the Company to Ilrcs. eCllte or provide ror the defense or any action or proceeding, the In~ured shall secure to it the riJ!ht to so prosecute or provide defense in such aetion or pro. ceeding, and all appeals therein, and per. mit it to lise, at its option, the name of the Insured lor sitch purpose. Whenever (Conditions and Stipulations Continued and Concluded on Last Page of This Policy) . California Land Titl~ AssoCIation Standord Coverage Policy Form Copyrighf 1963 SCHEDULE A Effective Date: Amount 01 liability: S 2,000.00 December 11, 1972 at 8:01 A.M. Policy No: Premium S 7210643-45 50.00 INSURED THE CITY OF ARCADIA, a municipal corporation 1. The estate Or interest In the land described or referred 10 in this schedule covered by this policy is: a fee 2. Title to the estate or interest covered by this policy aL the daLe hereof is vested in: THE CITY OF ARCADIA, a municipal corporation :1. The land referred to in this policy is situated in the State of California, County of and is described as follows: Los Angeles The Northerly 6 feet of Lot 26, Block 82 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. . ......OIlIOrnlQ t.OOO IIUe 1\5S0l;;IOUOIl SJandard Coverage Policy Form Copyright 1963 SCHEDULE R This policy does not insure against loss or damage by reason of Ihe following: PAIlT I 1. Taxes or assessments which are not shown as existin~ liell~ by Ihe records of <Ill)' la~illg- authority that levies taxes or assessments on real property or by the public records. 2. Any fads, rights, interests, or claims which are not shown hy the puhlic re(;ords but ",hid. could be ascertained by an inspection of said land or by making inquiry of per~olls in flo:,~ession thereof. :1. Easements, claims of easement or encumbrances which are not :,ho\\'1I by Ihe puhlic records. .1. Discrepancies, connicts ill houndary lines. :.horlage ill area. ellt'l'Oadllnelll~. or allY other fad:' which u correct survey would disclose~ and which are nol :::;howll by the puhlit, re{'ord~, 5, Unpatented mining claims; re:,er\'aLion:, or exce"lioll~ in paLent::. or in Ad~ aULhorizing the i~~lIalll'C thereof; waleI' righl~. claims or title to waleI'. PAIlT ][ 1. year any: Tot al First installment Second installment General and special County and City taxes for 1972-1973, including personal property taxes, the if fis cal $1,018.78 509.39 509.39 . ~: N ~C.OL.ORAI7c..> ULEVARI7 eo C? o G 50 so 50 SO 5'" 50 50 .50 SO so 5= IS1.G<;} ,\/Jl ~ 20 \l\ C' UI ~o I~ " ~I 30 2~ 26 Z7 ZG; z; 24 2~ 2.2 Zl 0 t<' ~ 11\ "' '^ \l\ k U\ U\ B L 0 C " 19 " " '" \l\ VI so 50 50 50 so ,",0 5"0 50 ~o ~o 50 I~I "'''' . " 82. ARCA17/A <;ANTA LOT>;; Ill-'ll, B~I<. 82 ANITA TRACT M R I!;/ B '.3 - 90 ..A.. S ..CUAIT'" "'TL. "'hi.. pIli b (", \nlll 1101 111 1".11 o!~ ""ll l'lld "jlh r..tl:n'll,,' In -.tH'\'!.. and olh,'r \1<11('1'1.., IIi.. 11111 i1 "'ll\..~ \\1111, ti'l" 1'1.11 1.. l.,.lh,\.t! t" I,' Il"I"1. till I '.ITII If' I'''UIIW,. 11.. lia!.'!l" I'll ,Itl~ I........ <I"!llllll:': ll~ I'..t....'ll .,1 H,lt,lIlt', th.ll'IItI SEe U 1=1 IT,' 1 I T LEI N SUR A NeE COM PAN Y L ,,"0 ~ ~ 10' ill (( :J Z ill > <( ~I <;'''' . CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face) requested by the Company the Insured shaH gh'e the Company all reasonable aid in any such action or proceeding, in effecting settlement, securing evidence, obtaining witrH~$Ses, or prosecuting or de- fending such action or proceeding, and the Company shall reimburse the Insured for any expense so incurred. 5. Notice ~( L08S - Limitation of Action 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 be furnished to the Company within sixty days after such loss or dam. age shall have been determined and no right of action $hall accrue to the Insured under this policy until thirty days after such statement shall have been furnished and no recovery shall be had by the In. sured under thi~ 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 damage, or to commence such action within the time hereinbefore specified, shall he a e-ondush'e har against main. tenance by the Insured of any action under this policy. 6. Option 10 Par, Settle or Compro. mise Cluinl!! The Com pony shall have the option to payor seule or compromise for or in the name of the Insured any claim insured against or to pa.y the full amount of this policy, or, in case loss is claimed under this policy by the owner of the indebted- ness secured hr a mortgage covered by this policy, the Company shall have the option to pure-hose said indebtedness; such Jlurchase, payment or tender of payment of the full arnOlmt of this policy, together with all costs, attorneys' fees and ex. penses which the Company is obligated hereunder to I pay, shall terminate all liability of the Company hereunder. In the event. after notice of claim has heen J!:iven to the COlUpany by the Insured, the Company offers to purchase said indebt- edness, the owoer of such indebtedness shall transfer and assign said indebtedness and the mort~age securing the same to the Company upon payment of the purchase price. 7. Payment of Los8 (a) The Li;1hility of the Company under this polic)" shall in no case exceed, in all, the actus.} loss of the Insured and costs and attorneys' fees which the Com. pony may be obligated hereunder to pay. (b) The Cowpany 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 litigation carried on by the Insured P.218 (G.S) with the wriuen authorization of Ihe Company. (c) No claim for damages shall arise or be maintainable under this policy (1) if the Company, aCter 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 nOlice, or (2) for liability voluntarily assumed by 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, until there has heen 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 be made without producing this policy for endorsement of such payment unless the policy be lost or deslroyed, in which case proof of such loss or destruc- tion shall be furnished to the satisfaction of the Company; provided, howe,.er. if the owner of an indehtedness secured by a mortgage shown in Schedule B is an Insured herein then snch payments shall not reduce pro tanto the amount of Ihe insurance afforded hereunder as 10 such Insured, except to the extent that stich payments reduce the amount of the in- debtedness secured by such mortgage. Payment in fun by any person or voluntary satisfaction or release by the Insured of a mortgage covered by Ihis policy shall terminate all )iahility 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 been definitely fixed in accordance with the conditions of this policy the loss or damage shall he payable within thirty days thereafter. 8. LiabililY Noncumulative It is expressly understood that Ihe amount of this policy is reduced by any amount the Com puny may pay under tiny policy insuring the validity or priority of any morti!:l1ge shown or referred to in Schedule B hereof or any mortgafte here- aher executed hy the Insured which is a charge or lien on the estate or interest described or referred to in Schedule A, and the amount so paid shall be deemed a payment to the InSllred under Ihis policy. The provisions of this paragraph num. bered 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 estale or intere..t in satisfaction of said indebt- edness or any part thereof. 9. Subrogation upon Payment or Seulement 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 be subrogated to and he eo titled to all rip;hts and remedies which the Insured would have had aJ!;ainst any person or properly in respect to such claim had this policy not been issued. If the pay. ment does not cover the loss of the In. sured, the Company shall he subrogated to such rights and remedies in the proportion which said payment beats to the amount of said loss. If loss should result from any act of the Insured, such at~t shall not void this policy, but the Compuny, in thai event, shall be required to puy only that part of any losses insured against hereunder which shall exceed the amounl, if any, lost to the Company by reason of the impairment of the right of subrogation. The Insnred, if requested by the Company, shall transfer to the Company all rights and remedies against any persoo or prop. erty necessary in order to pt:rfect such rip;ht of subrogation, and shall permit the Company to use the name of Ihe Insured in any transaction or Jiti~ation involving stich rights or remedies. If the Insured is the owner of the in. dehtedness secured by 0. mortgage t:overed by this policy, such Insured may release or suhstitute the personal liability of an)' dehtor or p;lIarantor, or ex lend or other. wise modify the terms of payment, or release a pori ion of the estate or interest from the lien of the mortgap;e, or release uny collateral security for the indebted. ness, provided such aet does nOI re3ult in any loss of priority of the lien of the mortp:a~e. 10. Policy Entire Contract Any action or actions or rights of action rhat the Insured may have or may bring Ilg'ainst the Company arisinp; out of the status of the lien of the mortgage covered by this policy or Ihe 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 he waived or chan~ed except by writinp; 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. n. NOlices, Where Sent All notices required to be given the Company and any statement in writing required to be furnished the Company shall he addressed to it at the office which issued this policy or to its Home Offie-e, )3640 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, , ~ . SECURITY TITLE INSURANCE COMPANY POLICY OF TITLE INSURANCE -""'-. ~ SeCURITY TITLE SECURITY TITLE INSURANCE COMPANY HOME OFFICE 13640 ROSCOE BOULEVARD PANORAMA CITV, CALIFORNIA 91409 3444 WILSHIRE BOULEVARD LOS ANGELES, CALIFORNIA 90081 SECURITY TITLE INSURANCE COMPANY