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Home My WebLink AboutD-1865 ~~: .~ .... I CERTIFICATE OF ACCEPTANCE BKD5702pc996 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 September 19. 1972 , from or executed by Herbert I. Chambers and Eleanor J. Chambers , 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 officers. A The document thus ~~n!r:~ is hereby ."....,~ ,- torney -.J o ~ Ht:.'.c-"._HUII'\I~ Ht:.YUI::.::!oII::.U t:H !':'i .u ,.... 1'6 ~.b' ~~ BKD5702pc995 CITY OF ARCADIA "'ND WHI:N "I:CO"DI:D ,.....IL TO r- Nom. City Clerk Sfr.., P.O. Box 60 Addr.., City & Arcadia, Ca. 91006 5101. L MAI~ tAll STAtEMfNn TO r- of Arcadia Nom. City Slr..' Addr." Cily & 5101' L RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY, CALIF, OR SECURITY TITLE INSURANCE CO, DEe 19 1972 AT 8:01 A,M, Registrar-Recorder i FR~E V F i I -.l SPACE ABOVE THIS LINE FOR RECORDER'S USE I Signature of 0 clarant or Agent determining tax. Firm Name -.J (J I. Grant Deed TO 40:1.1 CA. (1.70) THIS FOAM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is herehy acknowledged, HERBERT I. CHAMBERS and ELEANOR J. CHAMBERS herehy GRANT(lI:) 10 the CITY OF ARCADIA, a Municipal Corporation, the following described real property in the County of Los Angeles City of Arcadia, , State of California: The northerly 6 feet of Lot 32, Block 83 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. a ~ae1' s'te 1'e<<'le 'I. 01'a~n~ 1l0c\)lJlep 1l\1'1.tlS "'1'ee Tec €>1.0~' Ci. vi. e.cq: · coae to GO'1 . -r1 aile ' necesse. ' ~\ t1.e. Dated r-lr-7~ " ~ Name (Typed or Prinled) tThl~ at1'a for omdal notarial ......alJ -J 0 ~ ! r ~~ ') !ill " c I j (, ,. c. ~ " ,. Cl , ~ 7 2--/ tJ,( i/ STATE OF CALIFORNIA } COONTY OF LOS ANGELES SS, On 9 - J q - '? ;;:z before me, the under- signed, a Notary Public in and for said Slate, personally appear{'d Herbert I. Chambers and Eleanor .T A Chambers . known to me to he the person~whose nameS are. subscribed to the within instrument and acknowledged thai they executed the same. WITNESS my hand and official seal. 0 ".",". ~ c. J-u"'/r"" OFFICIAL SEAL FLORENCE E, NEERGARD NOl ARY PUBLlC~CALlFORNIA LOS ANGELES COUNTY My CommiSSIon Expires Mar,4.1976 .~ P. 0, Box 60, Arcadia, CA, 91006 . Title Order No. Escrow or Loan No. MAil TAX STATEMENTS AS DIRECTED ABOVE COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR.CONTROLLER 153 HALL OF ADMINISTRATION LOS ANGELES, CALIFORNIA 900t2 625.3611 MARK H. BLOODGOOD AUDITOR.CONTROL.L.ER April 25, 1973 Direct inquiries to Attnl Mary Gifford City of Arcadia 240 West Huntington Drive Arcadia, California 91006 Attention: Robert D. Ogle, City Attorney SUBJECT I Colorado Boulevard Parcel No. 22 Herbert I. and Eleanor J. Chambers Gentlemen: Pursu8.11t to your l",ttcr dated January 29, 1973, taxes have been cancelled in accordance with Section 4986 (If the Revenue and Taxation Code. This cancel- lation was ord",red by the Honorable Board of Super- visors Feb. 13, 1973, by Authorization No. 31916. Very truly yours, MARK H. BLOODGOOD, Audi tor-Controll",r 2./ .!./,..~~,/.., .',/./1 ~C4;.:;/~/..f-(- .1...-.../......"... "''''v' .~f' '-. By F:dwarn Guerrero, Chief, Tax Division EG;MG/tc Tax Div. #C-11 3/'(3 ROBERT A. GILL. CHIEF DEPUTY E. GUERRERO CHIEF, TAX DIVISION RECEIVED APR 2 G 1973 CITY OF ARCADIA CITY ATTORNEY - January 29, 1973 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. 22 Herbert I. and Eleanor J. Chambers Dear Mr. Bloodgood: Please cancel as of the date o~ recording all taxes on the property described in the attached copy of deed. This property is for street widening purposes. There 1s no building on it. Very truly yours, ROBERT D. OGLE City Attorney RDO:at Attachment / cc: City Clerk Lot 32, Block 83, Arcadia Santa Anita mract CITY OF ARCADIA 7UU V-fQ\P- BKR4099pc43I AND WHEN RECORDED MAIL TO r- No.. City of Arcadia, ."..t P.O. Box 60, Add,... Arcadia, Ca. Clly& L SIIlII. I Engineering D v. RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY, CALIF, R SkURITY TITLE INSURANCE CO, DEe 19 1972 AT 8:01 A.M. Registrar-Recorder r FREE 1 IF' I 91006 -.J TITLE ORDER NO. TITLE OFFICER SPACE ABOVE THIS L.INE FOR RECORDER'S USE TO .31 1 C PARTIAL RECONVEYANCE TITLE INSURANCE AND TRUST COMPANY, a corporation, of Los Angeles, California, as duly appointed Trustee under the Deed of Trust hereinafter referred to, having received from Beneficiary thereunder a wriUen 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 Of notes secured thereby for indorsement-said Deed of Trust having been executed by JAMES D. SAMPSON and recorded in the Official Records of Lo" Angele" , Trustor, County, California, as follows: Dale June 10, 196"'l ..lnstr.No. 19'il ;n Boo~ T-306? , Page 5?O; Now, Therefore, in accordance with said request and the provisions of said Deed of Trust, TITLE INSURANCE AND TRUST COMPANY, 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 situated in said county, state of California, described as follows: The northerly 6 feet of Lot 32, Block 83 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 unae1" ues\:.ea o1'ainB 1'ee< cuIllen\:. ]'1'ee 1'~~e 6~05. ~~W a.ce<ui1'inil Go". C due :to necessa1"1. title. The remaining property described in said Deed 01 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 of the indebtedness secured by said Deed of Trust. In Witness Whereof, TITLE INSURANCE AND TRUST COMPANY, as Trustee, has caused its corporate name and seal to be hereto affixed by its Assistant Secretary, thereunto duly authorized. Dated December 'i, 1972 R-367043 as Trustee, By Assistant Secretary STATE OF CALIFORNIA, } COUNTY OF Lcs AnfJ:eles 55, Or December t) 1 197';' before me, the undersigned, a Notary Public in and for said Slate, personally appealer! R. R T.o'rn known to me to be an Assistant Secretary of TITLE INSURANCE AND TRUST COMPANY. the corporation that executed the foregoing instrument as such Trustee, and known to me to be the person who executed said instrument on behalf of the corporalion therein named, and acknowledged to me that such corporation executed the same as such Trustee. WITNESS ~ and official ,,,,,I. Signalllf". ~----' Jl 4:)1,;....,,;;) OFFICIAL SEAL BARBARA J, OTTEM NOTA~Y PIIBU:.CALlFORNIA PRIN:'::IP.PL OFFICE IN LOS A.NGELES COUNTY My Commission Expires Jan. 9, 1974 -...] o o Name (Typed or Printed) (ThiS arc:r. fo, offiCial nolarlal 5.a]) @ "/2./0(,1/9 PARTIAL RECONVEYANCE PARTIAL RECONVEYANCE of Property Covered by Deed of Trust of Property Covered by Deed of Trust From From Title Insurance and Trust Company Trustee Title Insurance and Trust Company Trustee , , Title Insurance and : Trust Company Title Insurance and Trust Company '-.. COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL " " RECORDING REQUESTED BY CITY OF ARCADIA BIR4099pc430 RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY, CALIF, OR "SECURITY TITLE INSURANCE CO, DEe 19 1972 AT 8:01 A,M. WHEN RECORDED, MAIL TO: ~xk~ x Arcadia, Ca. 91006 City Clerk P.O. Box 6 Registrar'Recorder SPACE ABOVE FOR RECOROER.Ju!:'~7ylE 1lF 1 Loan 040-16224 Recon, 2-8624 CAL FED ENTERPRISES, a corporation, of Los Angeles, California, as Trustee, or Successor Trustee, or Substituted Trustee, under that certain Deed of Trust made by PARTIAL RECONVEYANCE JAMES D. SAMPSON, an unmarried man Trustor(s) June 10, 1963 T 3062 at Page 519 of Lo s An ge 1 es County, California, has received from Beneficiary thereunder a written request to reconvey J and in accordance with said request and the provisions 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 re9-uest 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 hy it thereunder in and to that property situate in said County I described as follows: recorded in Book The northerly 6 feet of Lot 32, Block 83 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 Coun~e,Recorder of said County. . s~ed un l'ec<ue ~ l'eCOl'di~~ j)oc\1lllen q.uirin& lree Code 6). ~o Ci~'1 e.C Go'" '1 <lue necesse.l' , :t.itl8. The remaining property described in said Deed of Trust shall continue to be held by said Trustee under the terms thereof, ~ 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. \ \ 1\1 J , " ,\ 'II IN WITNESS WHEREOF, CAL FED ENTERPRISES, a corporation, as Trustee, has executed this Instrument.a1 of t1fe^date' \itits ".G'C-..... ...." '~ / acknowledgement. CAL FED ENTERPRISES, ,~ '../\\PO,~",.'~"-:. C I f C ' T '~. f...O <;,)." .....: ". a a i omia orporatlOn, as rustee :: -..... /;::v ~' t1'-;' tJ2 ::- << : - 0'" t1' :c ~ I, - U' ,- B ' \./lp~A~ = : JULYA :(/):: y Authorized Signature 1"'. lieara ::: " ' ff ... . . .. On October 13, 1972 hefore me, the undersigned, a Notary Public in aii~ fo~.., 1970 .,/ ,~ said County and State, P. Beard personally appeared who is kno.fn11....;:...,~\'>' e.f) bth Ass, S fthC 'th dth ,th.l'II"()R,, ",... to me to e e , . Istant ecretary 0 e orporation ,at execute e WI III I nsrrpr\~I,1t..\Know......... to me to be the person who executed the W1thm 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. : ...allaull.uDll..~Llall~~;1~7::~~:~a......" ~ i) 1\!.i1lie D, Armstead : . , a ~6 -;:.. NOTARY PUBLIC - CALIFORNIA : . . . ..... ~" PRINCIPA.L OFFICE IN : ./ :' LOS ANGELES COUNTY : : My Commission Expires MaT. 16. 1975 : ~a..gg~..~..all................~........ (This Area For Official N9tlU'ial !?l!t11l J_(f; } SS STATE OF CALIFORNIA County of Los Angeles .fb ?:::J' Q (.:- Y- Signature ,i./i(} , , . / "" ,.1-<-...< 12 E36A 11M) 111 OF ~ " v- - ,..,- ~~~~ 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: 1. 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 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 any mortp;a~e shown in' Schedule B securing an indebtedness. the owner of which is named as an Insured in Schedule A, hut only insofar as such defect affects the lien or charge of said mortgage upon the estate or interest referred to in this policy; or 4. Priority over said mortgage, at the date hereof, of any lien or encumbrance 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; nil 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. ~~~.. ~. ~~""\\'\\\, 5'""~\~~.W!~4'6\'111 ::~-.,;... ...~ III ::'''- .. ...C ~ ~~:"\\~~\lPORATED~O ~ {......,\' .~~ %-- . ~ :::;"'. --- .""CI~ /I, . \ .~~ Secretary ~1~\AfARCH,5, ,~'il /~f , "n.. - Y;::- ',oJ. -.. ..... .: 41 ..C......... " . .&:!'~~... 11111 "AltfO\l~\"#. ~~~ An AuLhorized SignaLure 1tI At dteid: President P.218 (0.5) ~s.'.u !".~,."u c"",~."y of ""'."CI. R"OlltOAd T.........,~ 0_.'. CONDITIONS l. Definition of Term8 The following terms when used in this policy mean: (a) "land"; the land described, spe- cifically or hy reference, in Schedule A and improvements affixed thereto which hy law constitute real property; (h) '.puhlic records": those records which Impart constructive notice of mat- ters relatill~ to said land; (c) "knowledge": actual knowledge, not constructive knowledge or notice which may he imputed to the Insured by Jenson of any public records: (d) '"date": the effective datc: (e) "mortgage": mortgage, deed of trust, trust deed, or other security instru- ments; and ({) "insured": the party or parties named u!> Insured, and If the owner of the indehtedncss seeured by a mortgage shown in Schedule R is named as an Insured in Schedule A, the Insured shall indude (1) each ~uccessor in interest in ownership of ."uch indebtedness, (2) any su('h owner who acquires the estate or interest referred to in thiS policy hy fore- closure, trustee's sale, or other legal mali- neI' in satisfaction of said indebtedness. and (3) any federal agency or instrumen- tality which is an insurer or ~uarantor under an insuranC'e contract or ~uaranty insurin~ or guaranteeing said indebtedness, or any purt 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 by a mortg:aJ:e described in Sched- ule B acquires said estate or interest, or any part thereof, by foreclosure, trustee's sale or other le?;al manner in satisfaction of said indebtedness. or any part thereof, or if a federal aJ:ency or instrumentality acquires said estate or interest, or' any part thereof, as u consequence of an in. sUrnnC'e contract or j!uaranty insuring or guaranteeinJ: the indebtedness secured by a mortgage covered by this policy, or any part thereof, this policy shall continue in forC'c in favor of such Insured, agency or instrumentality, suhject to all of the con- ditions and stipulations hereof. 3. Exclm~ions from the Coverage of this Policy This Jlolicy does not insure against loss or dama~e hy reason of the following: (a) Any law, ordinance or govern- mental regulation (including but not lim- ited to IlUildin~ and zoning ordinances) restrictinJ!: or re~ulatin~ or prohibiting: the occupancy, use or enjoyment of the land, AND STIPULATIONS or regulating the character, dimensions, or location of any improvement now or here- after erected on said land, or prohibitin~ a separation in ownership or a reduction in the dimensions or urea of any lot or parC'el of land, (b) Covernmental rights of poliee [lower or emlllent domain lInles__ notice of the exercise of such rig:hts appears in the public records at the date hereof. (c) Title to any plOperty ueyond the hnes of the land e'l[pressly described in Schedule A, or title to streets, roads, avenues, lanes, ways or waterways on which suC'h land abuts, or the right to IIHIHltuin therein vaults, tunnels, ramps or any other structure or improvement: or any ri~hts or easements therein unless this policy specifically plOvides 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 rij:!hts of ahutting owners for access to one of such st! eet:. or hif!hways, unless otherwise ex- c:epted or exdllded herem, (d) Defects, liens, encumbrances, ad- verse claims uj.:ainst the title as insured or other matters (1) created, suffered, as- sumed or agreed to hy the Insured claim- Illg los;; 01' damage: or (2) known to the Insured Claimant either at the date of thiS polky or at the date such Insured Claim- ant ac'quired 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 heen made to the Company prior to the date of this policy: or (,3) resultillj:: in 110 loss to the Insured Claimant: or (4) attaching or created ."ubsequent to the date hereof. (e) Loss or damaj::e which would not have been sustained if the Insured were a purchaser or encumhrancer for value without knowled~e. (f) Any "consumer credit protection", "truth in lending" or similar law. 4. Uefense and Pro!leculion of Ac- lions. Notice of Claim to he Given by the Insured (a) The Company, at Its own cost and without undue delay shall provide (I) for the defense of the Insured in all litigation consistinj:: of actions or proceedings com- C'enced against the Insured, or defenses, restraining orders. or injunctions inter- posed a~aillst u foreclosure or sale of the tlIortJ:af::c and indebtedness covered by this policy or a sale of the estate or interest in said land; 01'- (2) for such action as may he appropriate to establish the title of the estate or interest or the lien of the mort~age as insured, which litigation or action in any of such events is founded upon an alleged defect, lien or encum- brance insured against by this policy, and may pursue any litigation to final determ. ination in the court of last resort. (h) In case uny such action or pro- ceeding shall be begun, or defense inter- posed, or in case knowledge shall come to the Ihsured of any claims of title or in- terest whieh is adverse to the title of tht' estate or interest or lien of the mortgage as insured, or which might cause loss or damage for which the Company shall or may be liable by virtue of this policy, or if the Insured <;hall in p:ood faith contract to sell the indehtedness secmed bv a mort- gage cO\erecl hy this policy, 0.1'. if an Insured in good fuith leases or ('ontraf'ts to sell, lea!>e or mOl tgage the same, or if the slu:C'es~ful bidder at a foreclosme sale under u mortp:age covered hy this policy refuses to purchase and in any sllch event the title to said estate or It\- terest is rejected as unmarketahle, the Insured shall notify the Company thereof in writing. If sueh notice shall not be given to the Company Within ten days of the receipt of process or pleadinj.:s 01 if the Insured ;.hall not, in writing, prompt~y notify the Company of any defect, lien or encumhrance insured IIp:ainst whil h :-h<lll cOllle to the knowledp:e of the In- smed, or if the Insllted shall 1I0t, in WI iting, promptly notify the Company of any sllch rejection hy reason of claimed lInllHirketahility of title. then all liability of the Company in regard to the suhject matter of such action, proceeding OJ matter shall C'ease and terminate: pro- vided. however, that failure to notih- shall in no case prejudice the clnim n.f any Insured unless the Company shall he actually prejudiC'ed by such failure and then only to the extent of such prejudice, (e) The Company shall have the right at its own cost to institute and prosecute allY action or proceeding or do any other aet which in its opinion mny he neces",ary or desirable to. establish the title of the e<:tate or interest or the lien of the morl. j::age as insured: and the Company may take any appropriate ar;tion under the terms of this poli('y whether or not it shall be liahle thereunder and shall not thereby concede Iiahility or waive any provision of this policy. (d) In all cases where this policy permits or requires the Company to pro:.- eeJIte or provide for the defense of any ar-tion or proceeding, the Insured shall secure to it the ri~ht to so prosecute or provide defense in such lIction or plO. ceedin~, and all appeals therein, lInd per- 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) California 'Land Title ASSOClatlOn Standard Coverage Policy Form Copyright 1963 . nan SCHEDULE A Effective Date: Amount of liability: S 2,000.00 December 19, 1972 at 8:01 A.M. Policy No: Premium S 7210649-45 50.00 INSURED THE CITY OF ARCADIA, a Municipal Corporation Colorado Blvd. Job # 389 1. The estate or inLerest in the land described or referred to III this ~chedule covered by this policy is: a fee 2. Title to the estaLe or inLerest covered by this policy aL the daLe hereof is ve::.Led in: THE CITY OF ARCADIA, a Municipal Corporation :..t The land referred to in this policy is siLuated in Ihe SLale of California, County of Los Angeles and is described as follows: The Northerly 6 feet of Lot 32, 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. . 'valUQIUla l.UIlU .111.. ^""V<.,uIIVn Skmdard Coverage Pohcy' form Copynght 1963 . SCHEDULE B This policy does not insure against 10" or damage by rea,on of tbe following: PAHT I J. Taxes or a....sessmenls which are no! shown a.... exi....ling liell:' hy lhe records of any laxing aulhoril}' lhat Ic\';cs laxes or assessments 011 real property or by the public ret'ord~, 2, Any fads~ rights, interests: or c1aim~ "hich arc not ~ho\\'n hy the puhlic record~ hut \\hid1 could be ascertained by an inspedion of suid land or by making inquiry of per~OllS in po~sessioll thereof. :1. Easements, claims of easement or encumbranl.:es which ;He not ~ho\\'1I hy the public recof{I~. .1. DiscrepancieS". l.:oldlit:ts in houndary line::, ~hortage in <llea_ CII<TOadllnenb. or any other fads which a {'oncet SUf\'CY would disclose, and which are not shown hy the publi(' re('ord:--. 5. Unpatented mining claims; rc~er\'ation:,. or e:'\l.:eptioll:" ill pall'lIt:- or in Ad:- ;,wlhorizing- the i:--:-ualJ('c thereof; water rights. claims or title to water. PAWl' II 1. General and special County and City taxes for the fiscal year 1972-1973, including personal property taxes, if any: Total $1210.55 First installment 605.28 Penalty 36.31 Second installment 605.27 . ~ Ct?L't?..e4.?7t? .5'L J/L:>, 4s '0 ..%J (/ ~o I so ;r .E".tS 36 I I ~I ~ 3S ~I ., "32 3/'13Q~ * ). r- 4~ .3~ I ~ ~ '" I /.;'5 SO // 50 so I;'j ~5 /<'s .50 (/ .50 '3 3 ~ ~ m ~ '" ~ ~ '\ ~~.t' OJ \i ..5' '0 .< IJ, 6 " ~ / :;; /~5' .:W " .5f/ ~ ..G4 ,Lt::7,&;re- 67" ~ ~: P9 ~ <::::> =~ "":S;- o;:- ~ ~ . , ,.o,?R. .&LR. 6'3 .4A!?C'4.oh'4 .54#/4 4,4//74 T..e4'C'T 4?R. /~J'5'-9'" "Thi::; plul i~ for }'Ollf uid in IOf'otinp: YOlJr land with releren('e to l"lrt'els and olhrr parcels. It is not n slIrvey. While this pIal i.. helic\'~d to he COTrt''t"I, the Company assumes no liability Co.- any lo~~ '"Turrinp: hy rca..oll of relinnre thereoll," -<'- -eo~ ~ SECURITY TITLE INSURANCe COMPANY CONDITIONS AND STIPULATIONS (Continued and Concluded Fr:om Reverse Side of Policy Face) requested by the Company the Insured shall give the Company all rea~onab~e aid in any such action or proceedmg, m effecting settlement, securing. evidence, ohtaining witnesses, of prosecutmg or de. fending such action or proceeding, and the Company shall reimburse the Insured for any expense so inc~rred. 5. Notice of Loss . Limitation of Aclion 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. ap;e shall ha\'e been determined and no right of action shall aCcrue to the Insured under this policy until thirty days after such statement shall nave been furnished and no recovery shall be had by the In. sured under this policy unless action shall he commenced thereon within five }'ears after expiration of said thirty day period. Failure to furnish such statement of loss or t1amap.:e. or to commence such action within the time hereinbefore specified. shall he a conclusive har against main. tenance by the Insured of any action under Ihis policy. 6. Oplion 10 Pay, 5eltle or Conlpro- mise Claims The Company shall have the option to payor settle or compromise {or or in the name of the Insured any claim insured against or to pay the full amount of this polic)', or, in case loss is claimed under this policy hy the OWTler of the indebted. ness secured by a mortga~e covered by this policy, the Company shall have the option to purchase said indebtedness; such purchase, payment or tender of payment of the full amount of this policy, together with all costs, attomeys' fees and ex- penses which the COmpany is obligo.ted hereunder to pay. ghall terminate all liahility of the COmllany hereunder. In the event, after notice of claim has heen given to the Company by the Insured. the Company offers to purchase said indeht- edness, the owner of such indebtedness shall transfer and assir;n said indebtedness and the mort~a~e securing the same to the Company upon po.yment of the purchase price. 7. Payment of loS!'! (a) The Liability of the Company under this policy shall in no case exceed, in all the actual 10<:<: of the Insured and costs 'and attorneys' --fees which the Com. pany may he obligated hereunder to pay. (b) The Company -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.l 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 by the Insured in settlin!!: 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 ha., been a final determination hy a court of competent juri:,diction sus. taining such rejection. (d) AU 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 withom producinp.: this policy for endorsement of snch payment unless the polky be lost or destro}'ed, in which case proof of such loss or destruc- tion shall he furnished to the satisfaction - of the Company; provided. however, if the owner of un indehtedness secured by a mortgage shown in Schedule B is an Insured herein then sllch payments shaH not reduce pro tanto the amount of the insurance afforded hereunder as to such Insured, cxcept to the extent that such payments reduce the amount of the in. dehtedne,,'l secured hy such mortg"age. Payment in full hy ally person or voluntary satisfaction or release by the Insured of a mortg"u~e covered hy this policy shall terminate all liahility of the Compuny to the insured owner of the indehtedness secured by such mortgage, eX('ept 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 be payahle within thirty days thereafter. 8. Liability Noncumulalh'c It is expressly understood that the amount of this policy is reduced by any amount the Company may pay under any policy insuring the validity or priority of allY mortp:age shown or referred to in Schedule R hereof or any mortp.:aJ!;e here- after executed by the Insured which is a charl?:e or lien on the estate or interest described or referred to in Schedule A, and the amount so paid shall he deemed a payment to the Insured under this policy. The provisions of this paragraph num- bered 8 shall not apply to an Insured owner of an indebtedness secured by a mort~age shown in Schedule B unless such Insured acquires title to said estate or interest in satisfaction of said indebt. edness or any part thereof. 9. Subrogation lIpon 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 he subrogated to and be entitled to all rights and remedies which the Insured would have had against any person or property 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 be subrogated 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 only 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 trt.nsfer to the Company all rights and remedies a~ainst any person or prOp. erty necessary in order to perfect such rip.:ht of suhrogation, and shall permit the Company to use the name of the Insured in any transaction or liti~ation im'olving such rip:hts or remedies. If the Insured is the owner of Ihe in. debtedness secured by a mortgage covered by this policy, such Insured may release or substitute the personal liahility of any dehtor or {!:narantor, or extend or other. wi:;e modify the terms of payment, or release a portion of the estate or interest flOm the lien of the mortgage, or release any collateral security for the indebted. ness, provided sllch ad does not re3ult in any los!: of priority of the lien of the mortp:ap:e. 10. Policy Entire Contract Any action or actions or rights of action that the Insured may have or may hring ap:ainst the Company arising out of the status of the lien of the mortgage covered hy this policy or the title of the estate or interest insured herein must he based on the provisions of this policy. No provision or condition of this policy can he waived or changed except by wrjtin~ endorsed hereon or attached here. to si{;ned by the President, a Vice Pres. ident, the Secretary, an Assistant Secre- tary or other validating officer of the Com- pany. 11. Notic'e~, \\'here Senl All notiees required to be ~iven tilt' Company and any stutement in writillJ! required to he furnished the Compan}' shall he addressed III it ul the nflH'e which issued thi:; poliey or to it:' Hnme OJli.'f'_ 13640 Roscoe Roulevard, Panorama Cit}. California 91409. 12, THE PREMIUM SPECIFIEf) IN SCHEf)ULE A IS THE ENT/IlE CHARGE ..011 TITLE SEAIIC", TlTI.E .;XAMINATlON ANll TITLE INSURANCE, I' SECURITY TITLE INSURANCE COMPANY POLICY OF TITLE INSURANCE ~ S. I!II!ICURITV TITLB SECURITY TITLE INSURANCE COMPANY HOME OFFICE 13640 ROSCOE BOULEVARD PANORAMA CITY, CALIFORNIA 9 1409 3444 WILSHIRE BOULEVARD LOS ANGELES, CALIFORNIA 900S1 SECURITY TITLE INSURANCE COMPANY