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HomeMy WebLinkAboutD-1875 ~\ i; ~ . . CERTIFICATE OF ACCEPTANCE BKD5798pc 44 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 February 16, 1973 , from or executed by Edwin L. Carey, Executor of Estate of Jack M. Doctors , 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 author' zed officers. f \ a? <::> ~ ~:r~ is hereby approved as to form. ~/~ .< REC;:ORDING REQUESTED BY bUl , IJJ /)f /.;;1 (f~\ '. :--- 'ifY OF ARCADIA AND WH~N "I!:COIIIDItD ,.,.AIL TO RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY, CALIF. OR SECURITY TITLE INSURANCE CO. MAR..19 1973 AT 8:01 A.M. Registrar-Recorder BKD579Wc 43 I Nam. City Clerk S"M' P.O. Box 60 .6.ddr.1I City & Arcadia, Ca. 91006 Stol. L "I ~ (filii i-F ~ SPACE ABOVE THIS LINE FOR RECORDER'S USE MAll 'AX STAUMENTS TO I City of Arcadia "I OOCUMENTARY TRANSFER TAX $.... .o.N..~................................... __COMPUTED ON FULL VALUE OF PROPERTY CONVEYED. _OR COMPUTED ON FULL VALUE lESS LIENS AND E C MBRANCES R MAINING AT TIME OF SALE. , . Nom. Slr_t Addr.u City & S'o'eL -.J Firm Name Grant Deed TO 405.1 CA (1.10) THIS FORM FURNISHED BY TITLE INSURA.NCE A.ND TRUST COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, The heirs or devisees of JACK M. DOCTORS, deceased, subject to the administration of the estate of said decedent; Edwin L. Carey being the duly appointed and qualified executor, Los Angeles County Superior Court, Case No. P 576501 hereby GRANT(lt) 10 the CITY OF ARCADIA, a Municipal Corporation the following described real property in the City of Arcadia, County of Los Angeles ,Slate of California: Those portions of Lots 64, 65 and 66 of Raven Tract, in the City of Arcadia, County of Los Angeles, State of California, as shown on map recorded in Book 13, Pages 22 and 23 of Maps, in the office of the County Recorder of said County, described as a whole as follows: Beginning at the intersection of the southerly line of said lot 66 with the westerly line of the easterly 10.00 feet of said lot 66; thence northerly along said westerly line a distance of 14.00 feet; thence southwesterly in a direct line to a point in the northerly line of the southerly 6.00. feet of said lots 64, 65 and 66, distant westerly thereon 18.00 feet from the easterly line of said lot 66; thence westerly along said northerly line to the westerly line of said lot 64; thence southerly along said westerly line of lot 64 to the southwesterly corner thereof; thence easterly along the southerly lines of said lots 64, 65 and 66 to the point of beginning. Free recording requested under. Gov. Code 6103. Document nec&ssar~ due to ~it~ aC9uir~ng title.~ ___ ....w.".,.".... , ..."~,,._...).o."'-..;..;..<',' Dated Februarv 16. 1973 ~ Ex r . . \ STATE OF CALIFORNIA } COUNTY OF LOS ANGELES 55. On February 16, 1973 before me, the under- signed, II Notary Puhlic in and for said Slale. personally appeared Edwin L. Carey. Executor to he the person_whose name instrument and acknowledged that , known to me is subscribed to the within he executed the same. ~HIIIIII"I"II"'II""""II!IIIIIIIIIIII!'IIIII!IIIIIII = OFFICIAL SEAL :: ! ALAN B. BODLEY S ! NOTARY PUBLIC . CAlIFOR~1I^ ~ 5 PRINCIPAL OFF!CE IN ~ :: LOS M.GELES COUNn E My Commission Expires Aug. 3, 1975 :::: IlIlllllln";iluilU~;;lI!lBlU"J~ttiuuf.u.a~~.:..~DdtC:Uj,;rn ~ I 'itJ I\()' , oJ ~ f:' VI >- >- '" Cl " U ..J U c;:> >-- "- 0: U " , 0 w",e% ., '''"'lI~ """':;: ~ S;gna.u,e ~ ~ Name (Typed or Printed) t (Tlth alra for omrlal nOlarlllllWlIll '. Title O,dcr No. Escrow or Loan No. MAil TAX STATEMENTS AS DIRECTED ABOVE },;2ICl6 30- L./S- ., .... .~ .; ; GRANT DEED GRANT DEED Title Insurance and Trust Company Title Ins:urance and Trust Company COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL .- .. .- .. ......... " MARK H. BL.OODGOOD AU DITOR.CDNTRDLLER COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR.CONTROLLER 153 HAL.L. OF ADMINISTRATION L.OS ANGEL.ES, CAL.IFORNIA 90012 WIWJ\oNAA 974-8371 October 18, 1973 The City of Arcadia 240 West Huntington Drive Arcadia, California 91006 Attention: Robert D. Ogle, City Attorney 3J BJECT: Those portions of Lots 64, 65 and 66 of Haven Tract acquired from Jack M. Doctors, deceased, for Colorado Boul.evard Widening Glantlemen: Pursuant t~ your letter dated April 2, 1973, taxes have been cancelled in acc~rdance with Section 498fi of the Revenue and Taxation Code. This cancel- lation was ordered ~y the Hcnorable Foard of Super- visors October 16, 1973, by Auth')rization No. 32665. Very truly y"urs, MARK H. BLOODGOOD, Aurli tor-Ccntrollp.r ~d~q:/. ,<,f; ...;)V..x.,x,v.-:';:' /,-,{I By Edward GW'lrre::'o, Chief, Tax Di vioion EG;MG/tc Tax Div. #C-11 3/'f3 y~ / S 7> ROBERT A. GILL CHIEF DEPUTY E.GUERRERO CHIEF, TAX DIVISION RECEIVED OCT 23 1973 CITY OF ARCAOI" CITY ,'.TIORNEY :_'" AprU 2, 1973 Mr. Mark H. moodgool1, Auditor-Controller 500 West TelllP1e Streat, Room 153 Los Angeles, Calitornia 90012 Attentionr Tax Cancellation Section Subject r Request tor Cancellation ot Taxes Colorado Boulevard Widening Jack M. Doctors, deceased Dear Mr. moodgood: Pleaae cancel aa ot the date ot recording all taxes on the property deacribed in the attached copy ot deed. '1'h18 propertf is tor atreet widening purposes. There 18 no buUding on it. Very truly yours, RDOrat I Attaeh1llent ce: City Clerk ROBERT D. OGLE City Attorney .tiUO ]/-/(;./>' if lY~' \ iKR416SpcJS4 :All{ECORDING REQUESTED BY Arcadia # 88 WHEN RECORDED MAIL TO City Clerk P.O. Box 60 Arcadia, CA. 91006 RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY. CALIF. FOR SECURITY TITLE INSURANCE CO. MAR 19 1973 AT 8:01 A.M. Registrar-Recorder If] SPACE ABOVE THIS UNE FOR RECORDER'S USE 1!leeb of ~artiall\econbepance 1L\nolu ~ll jfNtn jljp tEbt5t ~rt5tnt5: ....~~~~~~~:~~:::::::~~!~~~::~~QfQB$~:A\.Jltig~.R::::::::::::::::::::::::'.::::::::::::::':::::::::::::::::::::::: made, executed and delivered a Deed of Trust to............................m...........................................__........_...._................_...._..mm.._...._...............__.. CmrrINENTAL AUXILIARY COHPANY ................................................._............._..............................._...............................m..........._........_............m................_........................._.....__._...._._...._........................._...., BANK OF AMERICA NT & SA as T rustee (or....._...._................_............................_...._......._........................._._.........._......................................................_......._...._......._........._........................_...._.., as Beneficiary, which Deed of Trust was recorded on ..................r..a.,;111.~...2_..................._...._........................................, 19.....~.~, in the office of the County Recorder of..........;L.Q!:!....A.m~J.~!:!..._._...._._............_......_..County oL.Lo.~LP.ngele.s........_...._...._._..... State of California, in................... ........................ ..........0f.......llQ.Qk...T5.6.38............._.............., at Page........8.45...._..et seq.; and RIIJrrrllll. CONTINENTAL AUXILIARY COMPANY, a California Corporation, is now the Trustee under said Deed of Trust and; RIIJrrrllll. pursuant to the terms of said Deed of Trust, the CONTINENTAL AUXILIARY COMPANY has been requested to execute a partial reconveyance, and is authorized to reconvey the real property hereinafter described, conveyed to it by said Deed of Trust; Nnm mIJrrrfnrr, said CONTINENTAL AUXILIARY COMPANY, as Trustee, does hereby remise, grant, release and reconvey to the person or persons legally entitled thereto all of the estate and interest derived by it through or under said Deed of Trust, in and to the following described portion of the premises therein described, to.wit: (Description) Those portions of Lots 64, 65 and 66 of Haven Tract, in the City of Arcadia, County of Los Angeles, State of California, as shown on map recorded in Book 13, Pages 22 and 23 of Maps, in the office of the County Recorder of said County, described as a whole as follows: Beginning at the enter section of the southerly line of said lot 66 with the westerly line of the easterly 10.00 feet of said lot 66; thence notherly along said westerly line a distance of 14.00 feet; thence southwesterly in a direct line to a point in the northerly line of the southerly 6.00 feet of said lots 64, 65 and 66, distant westerly thereon 18.00 feet from the easterly line of said lot 66; thence l~sterly along said northerly line to the westerly line of said lot 64, thence southerly along said westerly line of lot 64 to the southwesterly corner thereof; thence easterly along the southerly lines of said ~ots 64,65 and 66 to the point of beginning. frOG rocordIng reques~ea .unaep :ov. Code 6103. Document noccssarz due to ~1tl acgu1ring lti tle 0 ,....- ..,......,......J'..'.,.............~~. IN WITNESS WHEREOF, said CONTINENTAL AUXILIARY COMPANY, as such Trustee, has caused these presents to be executed by ~n officer, to-wit :..R?Y.J;'......Heyle.kIAssi.st.ant....Yice._.Pr..eSA>f the BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION and ex-officio agentof said CONTINENTAL AUXILIARY COMPANY, by virtue of a resolution of the Board of Directors of said Corporation heretofore recorded in the aforesaid County. Datedl':~J:>.IJ:1.a.,!'.Y_.?L.., 19.U. CONTINENTAL AU:IL:~~~.~=L' a e rp.or.'_.::sT:~::: _ _ I ss 4~Ylek STATE OF CALIFORNIA, .........................._.....County of...Y.;?!:!....Aw.~le.!>.. On this...?.7.t.h.day of.....F.ebr.ua.ry:...._._.............., 19..JJ, before me, ......J;!:!~....~l}g~:r.!i.;!,gD.eg._....................._._ ........_., a Notary Public in and for said.....................M1.S....!illgeJ.es....................................... ........._....................County, personally appeared ................_._......Rlly...)'_....HeyJ,e!<;........_._................._...................................._.......... ........................._...._._..._._...._._.._._............_......._......._._........... an officer to-wit:Assistant....Vive...President........................of BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION, and ex-officio agent of CONTINENTAL AUXILIARY COMPANY, a cor. poration, known to me to be the person who executed the within instrument on behalf of CONTINENTAL AUXILIARY COMPANY, a corporation, therein named, and acknowledged to me that said CONTINENTAL AUXILIARY COMPANY, a corporation, executed the sa~~tJ~. . . ~;;t/~ WITNESS my n and offiCIal seal. .... ......... ............... ..,.._._ ..... '.. .... . ~ OFFICIAL SEAL Notary public in and for said County and State . EVA l. ANDERSON : ~ NOTARY PUBlIC.CAlI'OPNIA My Commission expires.........4.:::-...(,?:_......_._........, 19.7(, . LOS ANGELES COUNTy ?:2. / />/':;>/1 ,/ <- N.2812.60(REVIS D) .. MyCommlsSIOnExclresJumd31Q7h /. "/~-/\,J $ o cd .Y , ~ MAR 16 1973 CLTA-1963 AMENDED 1969 D97. OF PUDUC WOIIeS. J::n:rDF.Jl,Rt'AI)~ 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; or 2. Unmarketability of such title: or 3. Any defect in the execution of any mort~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 mort~age, 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; 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. Secretary ~~""\."'\\\\ ~~~SUR.4 "II -=- <. \: ........4',.. III :~""... ..~~ IJ ~i:::I-... -.eIIJ ;: . oPORA '0'1. ~C:\~'i,'Iln TED\;~ z_. _ z ~1ClIl::. -.- .,,~ ~ . ~ .>!;: P\AfARGH 5 \"!,'i:,.!:cd ~~Jo. I I .,-.- f. ..,-. . . '\.- 'I,"J' .... ..... .5 IIII~/liiio~i~...,..#" , \\\","',......~ )/ -'-' ".....,.~, c::::- ~~ :_#.J____...._ An Authorized Signature 1tI NrY~ A~.. ~. President P.21S (G.S.) Il')s.rKO IftIY'O.C' C........ny of Amo.I.., Alglo""" T..d.......~ _'. CONDITIONS AND STIPULATIONS 1. Definition of Terms The following terms when used in this policy mean: (3) "land": the land descrihed, spe- cifically or by reference, in Schedule A and improvements affixed thereto which by law cunstitlllt: real properly; (b) "puhlic records": those rerords which impart constructive notice of mal- ters relatinJ!: to said land: (c) "knowledge": actual knowledge, 1I0t constructive knowledp:e or notice whi('h Illay he imputed to the Insured by reason of nny pu!Jli(: records; (d) "date": the effective date: (e) "mortgage": mortga~e. deed of trust, trust deed. or other security instrll- ments: and (f) "insllted": the parly or parti\::.:; named as Insured, and if the owner of the indeblcdiless secured hy a morlgap:e shown in St;hedule B is llamed as an Insured in Schedule A, the Insured shall include (1) each successor in interest ill ownership of "uch indehtedness, (2) any such owner who acquires the estate or illterest referred to in this policy by fore- closure, trustee's sale. or other le~al mall- ner in satisfaC'tiotl of said indehtedness, und (3) any federal agency or instrumel\- talilY which is atl lIlsurer or guarantor under an in~llrallce contract or j!:uaranty insuring or p:unnlllteeing said indebtedness, or any part thereof, whether named as an Insured herein or not. suhJect other- wise to the provisions hereof. 2. Benefits after Acquisilion of Tille If an insured owner of the illdebtedne~s secured by a mOlqwge described in Sched- ule B acquires said estate or interest, or uny part thereof. by foreclosure, trustee's sale or other legal manner In satisfaction of said indebtedness, or any part thereof, or if a fedel'al IIp:ency 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 indebtedness secured hy a mortgage (~overed by this policy, or any part thereof. this policy shall continue III fOlce in favor of such Insured; ap:ency 01' instrumentality, subject to all of the COll- ditions and stipulations hen'of. 3. Exclu!Siltns from Ihe Coverage of thi~ Poli(~y This policy does not insure against loss or damage h~. reason of the followmg: (a) Any law. ordinance or govern. mental regulation (including: hut not lim- ited to huiJdin~ and zollin~ ordinances} restrictmg or re~lIlatinp: 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 police power or eminent domain unless Ilotiee of the exercise of such rights appears in the public records at the date hereof. (c) Title to any properly beyond the lines of the land expressly described in Schedule A, or title to streets, Toads, avenues, lanes, ways or waterways on which b\H;h land ahuts, or the right to maintain therein vaults, tunnels, ramps or anv other structure or improvement: or an;'- rights or easements therein unless this policy specifically provideR that such property. rig:hts or eascmllllts are insured, except that if the land abuts upon one or more phy"ically open streets or highways thi" policy insures the ordinary ri:,!hts of ahutting owners for acr:ess to one of such streets or hip:hways, unless otherwise ex- cepted or exduded herein. (d) Dcfer::ts. liens. l;ncumbrances, ad. \er~e c1aillls agalllst the title as insured or other matters (I) created. suffered. as- sumed or ap:reed to hy Ihe Insured claim- iug: los, or damage: or (2) known to the InsureJ Claimunt either at the date of this policy or at the dale sueh Insured Claim. ant acquired an estate or interest insured hy this policy and not shown hy the publ1c records. unless disclosure thereof ill writ- ing by the Insured shall have been made to the Company prior to the date of this policy: or (,'{\ le.,llhlng in IlO los, to the Insured Claimant: or (4) altachin~ or created suhsequent to the date hereof. (e) Loss or damaj!:e whil'h would 1I0t have been sllstained If the Insured were a purchaser 01' encumbrancer for value without kllowled~e. (f) Any "con:-.umel' cledit protf'dioll", "truth in It:lldinp:'" or similar law. 4. Def en~e and Pr()~ecl1lion of AI:- lions - Notice of Claim 10 be Gi\'cn by the Imtlred (a) The Company, at its own cost and without undue delay shall provide (I J for the defense of the Insured in all Iitiglllion consisting: of actions or proceedings com- cenced against the Insured, or defenses. restraining: orders. or injullctions inter- po",ed against a foreclosure or sale of the mortgage and indebtedness covered by this policy or a sale of the estate or inlezest in said land: or (2J for such action as may be appropriate to establish the title of the estate or interest or the Jlen of th~ mortgage a" IlIsureu. which Iiti~atioll or action in any of such event:,. IS founded upon an aJleged defect, Jien or ellcum- branr;e insured a~ainst by this policy, and may pursue an)' litigation to final determ- ination in the court of last resort. (b) In case any such action or pro- ceedin~ shall be begun, or defense inter- posed, or in case knowledge shall come to the Insured of allY 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 might cause loss or damage for which the Company shall or may he liable by virtue of this policy, or if the Insured shall in (!;ood faith C'ontract to sell the indehtedness secured by a mort. gage co\'ered hy this policy, or. if an Insured in good faith leases or contracts to sell, lease or mort~age the same. or if the s\u;cessful bidder at a foreclosure sale under a mortgage covered by this poliey refuses to purchase and in any such event the title to said estate or 1lI- terest is rejected as unmarketable, the Insured shall notify the Company thereof in writing. If such notice shall not be given to the Company within ten da}s of the receipt of proeess or pleadinf,!:s or if the IIl;,ured shall 1I0t, in writlllg, pl'ompfy notify the Company of any defect, lien or encumhrance insured ap:am'lt whwh :,;hall come to the kuowleuge of the In- sured, or if the Insured shall not. ill writinp:, promptly notify the Company of any "uch rejection by reason of claimed ulllllarketability of title, then all Iiabilitv of the Compa;l)' in rep:ard to the subjec:t matter of such actIOn, proceedinp: or matter :,;ha11 cease and termlllate: pro- vided, however. that failure to notify shall in no case prejudice the claim ,;f any Insured unles~ the Company shall he actually prejudiced hy sllch failure and then on Iv to the extent of such prejudice. - (c) The Company shall hu\e the right at it~ own cost to institute and prosecute any action or pro('eedin~ or do allY other act whic'h in its opinion may he lIecessaq: or desirable to estahli:;:h the title of the estate or interest or the lien of the morl- p:ap:e liS insured: and the Company may take UIlY appropriatl: action under the tellns of this policy whether or not it shall he liable thereunder and shall not thereh\' concede liahilit\. or waive all\' provision of this policy. . - (d) In all cllses where this policy pClmits or requires the Company to prcs- eeltte or provide for the defense of an} action or proceeding. the Ill~llred shall secure to it the right to so prosecute or provide defense in slIch action or plO- rcedin,:. and all appeals therein. and per- mit it to u"e. at it" option, the name of the In'lured for sllch purpose, Whenever (Conditions and Stipulations Continued and Concluded on Last Page of This Policy) 1'.2l8-A -(G.S.) Rev. , California Land Tille AssoCIatIOn Standard Coverage Pohcy Form Copyright 1963 scm:DULE A EfJt~I'ti\'e Ilatc: Amount of liability: S 2,000.00 March 19, 1973 at 8:01 A.M. INSUIlED THE CITY OF ARCADIA, a Municipal Corporation p,)!icy No: Premium $ 7210630-45 50.00 }, The estate or interest in the land dcscriued or referred to 111 Ihls ::'t'hedule covered by this policy lS: a fee 2, Title to thc e:,tate or interest covered by Ihis policy at Ihe dalc hereof is \'c;"led in: THE CITY OF ARCADIA, a Municipal Corporation ;.t The lalltl referred to in this policy is situatctl in lhe State of California. County of and is descrihed as follows: Those portions of Lots 64, 65 and 66 of Arcadia, as shown on Map recorded of Maps, in the Office of the County described as a whole as follows: Los Angeles of Haven Tract, in the City in Book 13, Pages 22 and 23 Recorder of said County, Beginning at the intersection of the Southerly line of said Lot 66 with the Westerly line of the Easterly 10.00 feet of said Lot 66; thence Northerly along said Westerly line a distance of 14.00 feet; thence Southwesterly in a direct line to a point in the Northerly line of the Southerly 6.00 feet of said Lots 64, 65 and 66, distant Westerly thereon 18.00 feet from the Easterly line of said Lot 66; thence Westerly along said Northerly line to the Westerly line of said Lot 64; thence Southerly along said Westerly line of Lot 64 to the Southwesterly corner thereof; thence Easterly along the Southerly lines of said Lots 64, 65 and 66 to the point of beginning. . . ~.~ L \ '-' .... I California Land Title Assoclallon Standard Coverage Policy form COPYright 1963 SCHEDULE B Thi:- policy doe:;; nol insure again:-t lo~... or damage hy n'il:,OIl of the following: PAIlT I 1. Taxc:, or a:,scssmcnt:; which arc not shown as cxi...till;! li(~ll~ hy the rcc'ord:-- of :IlIY litxill;! authority Ihal Ic\'ie~ la:\cs or assessments on real property 01' by the puhlic rcC'urd.... 2. AllY fm'b: right:::.. illtcrc~t~. or claims \\hi('h are nol :-hO\\11 IIY the l'lIhli(' l'l'conb 11111 \\hi('b could hl' :l:.'l'crlained hy un inspcdioll of said land or hy makin.g inquiry "of l'el'~OIlS in po~...c...~ioll IhclcoL :1. Euscments. claims of easement or clH.:umhranccs which arc 1I0t ...ho\\ II hy the puhlic I'ccol'(k I. Disnepuncies. t:onnids ill IluLllldal'Y line.... ~horta!!e in <.lle<J. CIII'l'Ouchmcnb. ur <J1l)' oilier fad~ "llidl .a c'Offcct survey would. di~do:;el and which arc lIot :.'howlI hy the puhlic J't~('onl.... 5. Unpatented milling daim~; re::-cr\'atioll~ or c:\('cptioll:- in pall'lIl:- or ill Ad:- authorizing the 1"'~lIallC'e thereof; waleI' rightsl claims or title to watcr. PAIlT II 1. General and special taxes for the fiscal year 1973-1974, a lien not yet payable. 2. The right to lay pipelines for the conveyance of water over said land, together with the right to enter upon to examining and repair same, as provide in the deed from H. A. Unruh, recorded September 16, 1890 in Book 666, Page 313 of Deeds. Said easement is blanket in nature. , 3. The right to erect and maintain poles with the necessary wires. and fixtures thereon along a line passing through said'Lot 64 and described as follows: Beginning at a point on the Northerly line of said Lot 64, distant Easterly thereon 1 foot from the Northwest corner of said Lot and from said beginning point runs Southerly parallel with and distant 1 foot Easterly from the Westerly line of said Lot 64 to a point on the Southerly line of said Lot, as set forth in a deed signed by Walter A. Schrader only, (said deed being blank as to grantor), wherein Pacific Telephone and Telegraph Company, is named grantee, recorded May 12, 1922 in Book 1004, Page 310, Official Reco~s. Said easement affects Lot 64. . 'F.2S(G:S.) 4. An easement over the rear 5 feet of said land for power lines and incidental purposes as granted to Southern California Edison Company, a corporation by deed recorded in Book 16838, Page 219, Official Records. Affects Lots 64 and 65. 5. An easement over the Easterly 10 feet of said land for public street and incidental purposes as granted to City of Arcadia, a municipal corporation by deed recorded August 17, 1953 as Instrument No. 2496, in Book 42475, Page 117, Official Records. Affects Lot 66. . ,.. ,~ S. \ ..eUA/TV I \. TIT.... I . ~ N -<0 =..> -<::::-- <<:" ~ ~ P4//EA/ TR.4CT /0/.8. /;/22-23 "Tlll~ pl.ll '" for '''ur 1Ild II 10, allll' ,,,ur Illl.! .....Ilh II-Ien.tln" 10 ~llf'{'t~ and ollH'r pHrf'e1", It i... 1101 ,j "\lI\t'r. \\ hil,. Ihi.. pl.tl I" !I,Il,,\.'1 l'l 11,' ."Ir, I llit' t "Ill! lItl .l~"'\II1l"" 110 Iiu(nlit~ f'll .\II} ,,~...... ""urnnj! ],~ n-a...'lll or Il:'lhH\lI' th,'rt'(JII:' sr '"";URITY TITLE INSURANCE COMPANY CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face) requested hy the Company the lnsured shall give the Co~pany all rea~onab.le aid in any such actIOn or proceedmg, In effecting settlement, securing evidence, obtaining witne$ses, or prosecuting or de. fending such action or proceeding, and the Company shall reimburse the Insured for any expense so incurred. 5. Notice of Loss - Limitation of Action In addition to the notices required under paragraph 4(b), a statement in writing of any loss or damage for whi.c.h it is claimed the Company is liable under this policy shall be furnished to the Company within sixty dafs after such los.;; or dam- age shall have been determined and no rig:ht of action $hall accrue to the Insured under this policy until thirty days after sllch statement shall have been furnished and no recovery shall he had by the In- sured under thit> policy unless action shall he commenced thereon within five years after expiration of said thirty day period. Failure to furnish such statement of loss or damag:e. or to commence such action within the time hereinbefore specified, shall he a ('onclusi\'e bar against main. tenanee hy the Insured of any action Ilnder this policy. 6. Option to Pay, Settle or Compro- mise Cluin1s The Company shall have the option to payor settle or compromise for or in the name of the Insured any claim insured a,:;ainst or to pllY the full amount of this policy, or, in case loss is claimed under this policy hy the owner of the indebted. ness secured hr a mortgage covered by this policy, the Company shall have the option to purc:hsse said indebtedness: such purchase. payment or tender of payment of the full amotmt of this policy, together with all ('osts. attorneys' fees and ex- penses whif:h the Company is obligated hereunder to pay. shall terminate all liability of the Company hereunder. In the event. after notice of claim has been gi\en to the Company by the Insured, the Company offers to purchase said indeht- edne!is. the owner of such indehtedness shall transfer and assign said indebtedness and the morq!age securing the same to the Company upon payment of the purchase price. 7. Puyment of Loss (a) The Liability of the Company under this polic)' shall in no case exceed, in all, the actual loss of the Insured and costs and altorneys' fees which the Com. pany may he ohligated hereunder to pay. (h) The Contpany will pay, in addition to any loss insured against by this policy. all costs imposed upon the Insured in litigation carried on hy 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. (cl No claim for damages shall arise or be maintainable under this policy (I) 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 not,ice, 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 been a final determination hy 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 producing this policy for endorsement of such payment 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, howe\er, if the owner of an indebtedness secured by a mortp:age shown in Schedule B is an Insured herein then such payments shall not reduce pro tanto the amount of the insurance afforded hereunder as to such Insured. except 10 the extent that sueh payments reduce the amount of Ihe in- debtedness secured by such mortgage. Payment in full by any person or volunta.f1' satisfaction or release hy the Insured of a mortgage covered by this policy shan terminate all liability of the Company to the insured owner of the indebtedness secured by such mortgage. except as pro-' vided in paragraph 2 hereof. (e) When liabilily has heen definitely fixed in accordance with the conditions of this policy the loss or damage shall be payable within thirty days thereafter. 8. Liability Noncumulative 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 any mortgage shown or referred to in Schedule B hereof or any mortgage here. after executed by the Insured which is a charg:e 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 Insured under this policy. The provisions of this paragraph num- hered 8 shall not apply to an Insured owner of an indebtedness secured hy a mortg:aJ!;e 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 upon Payment or Settlement Whenever the Company shall have settled a claim under this policy, aU right of subrogation shall vest in the Company unaffected by any act of the Insured. and it shall he suhrogated to and be entitled to all riJ:!:hts and remedies which the Insured would have had aAainst any person or property in respect to suc:h claim had this policy not been issued. If the pay- ment does not cover the loss of Ihe In- sured. the Company shall he subrog:ated 10 such rij!;hts 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 ac:t shall not void this polic)', but the Compan)', 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 riAht of subrogation. The In!'<ured, if requested b)' the Company, shall transfer to the Company all rights and remedies ag:ainst any person or prop- erty necessary in order to perfec:t such riAht of suhrogation. and shall permit the Company to use the name of the Insured in any transaction or IiliAation inmlvin/;!; such rights or remedies. H the Insured is the owner of the in- dehtedness secured by a mortgage eovered by this policy. such Insured may release or suhstitute the personal liability of an)' dehtor or /;!;uarantor. or extend or other. wise modify the tenns of payment. or release a portion of the estate or interest from the lien of the mortgage, or release any collateral security for the indehted. ness, provided such al't does not re.mll in any loss of priority of the lien of the mortg:age. 10. Policy Entire Contract Any action or actions or righls of action that the Insured may have or may bring against the Company arising 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 Ihis policy can he waived or changed except b). writing: endorsed hereon or attached here- to signed hy the President. a Vice Pres- ident, the Secretary, an Assistant Secre. tary or other validating officer of the Com. pany. II. Notices, Where Sent All notices required to he given the Company and any statement in writing required to be furnished the Compan)' shall be addressed to it at the office which issued this poliey or to its Home Office. 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, SECURITY TITLE INSURANCE COMPANY POLICY OF TITLE INSURANCE /' ~I SeCURITY TITLE SECURITY TITLE INSURANCE COMPANY HOME OFFICE 13640 ROSCOE BOULEVARD PANORAMA CITY. CALIFORNIA 91409 3444 WILSHIRE BOULEVARD LOS ANGELES. CALIFORNIA 90051 SECURITY TITLE INSURANCE COMPANY