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HomeMy WebLinkAboutD-1702 \ . ( , ,I 1 c~ . " <, <.~ ; ~ .~ " . !"eJ CERTIFICATE OF ACCEPTANCE 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 November 19. 1968 , from or executed by ,International Church of the Foursquare Gospel , 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 aUJ officers. ;;:.~ /f.......--, City Manage -, The, ocument thus described is hereby approved ~~ 04248 rG 581 ~/?t. ~ City Engineer , " c..:J --J "'.! as to form. ~, City At ~. .~. ~---~ ';"'1 .f" ""... ~.... ?"","'.,' '!o . RECORDING REQUESTED lilY . r-----..,.--" ~ -.. . T " f . flU _?' rlorX. If ~K 04248 r G 580 377 City, Of Arcadia RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY CALIF FOR TITLE INSURANCE & TRUST co, JAN 13 1969 AT 8 A,M. RAY E. LEE, Registrar.Recorder A"'D WMll'" ItllCORDIlD MAIL TO ICity Clerk No.. City of Arcadia ...::r:: P.O. Box 60 (;I,' Arcadia, California ..... L 91006 I -.J SPACE ABOVE THIS LINE FOR RECORDER'S USE I MAIL. TAX 5'TATItMe:HT 1d r ~ N=~~ s,,~t I~ Adclrtlll ~-t7- c;~&: - l.:.. ' , / I FR';:E /"1/ G I ----,---.-- ,~ '"".~~ AFFIX I.R,S, S IN THIS SPACE Corporation Grant Deed THiS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY TO 406 C FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, INTERNATIONAL CHURCH OF THE FOURSQUARE GOSPEL, a religious corporation ' . corporatton orgamzed tnder the laws of the slate of hereby GRANTS to the CITY OF ARCADIA, a municipal corporation, Ihe following described real property in the City of Arcadia Counlyof Los Angeles , Slale of California: The easterly 10 feet of the southerly 80 feet of the northerly 235 feet of Lot 1, Block C, Santa Anita Land Companyls Tract, as shown on map filed in Book 6, page 137, of Maps, 1n the office of the Recorder of the County of Los Angeles. Free recording requested Essential to the Acquisiti by the City of Arcadia (See Gov't Code 6103.) ~IC'( 1-.:1'1, I >- > en a 7- C w '" ... " !:: u lr w S: :I: U ~ I 0 ;:: Q., a: I u <n UJ Co , In Witness Whereof, said corporation has caused its corporate name and seal to he affixed hereto and this instru. ment to be executed by its President and Secretary thereunto duly aulhorizcd. Daled: NovembAr 19 J 1 <0611 \ STATE OF CALIFORNIA } SS, By President " ~ COUNTY OF LOS ANGRr.R~ On November 1 q, 1 Q68 before me. the under- signed. a Notary Public in and for ~aid Slale, personally appeared Rolf K. McPherBon , known By Herman D. Mitzner, Secretary .' to me 10 he th.. President, and Herman D. Hi tZb.er known to me to be Secretary of the Corporal ion Ihal executed the wilhin Instrument. known to me to he the persons who executed the within Insllurnenl on behalf of the Corporation therein named. and acknowledged to me that such Corporation executed the within Inslru men I pursuant 10 if!; hy.laws or a resoIulion of its board of directors. WITNESS my ha Ii and official seal. ,.' c:..: -.J ...J Signature ARD p, COURTNtY, JR. My "nmm;<$iQ" ~.p;'" Feb Hi, lp'ij9 Name (TYPed or nnted) ~.................,......",...."",.,.,....,.,.",.....,..,.,............".....,,.. g , OFFICIAL SEAL 1 ~7"'-+:~; H'JW!\RD P. COURTNEY JR, ~ :; ~ l. .,:'J',-. ,...--, v...., ~ ': :: .:rt:-;;<:"{?:r- t h..;..f...'~1 "'''I:'lL!C'C.~Llr-ORNIA: g '", ~~ Pfl]l'lt.;.~J\L OFFICE IN ~ :',:~ ~:U._.. ~ "'''.'. LOS ANGELES COUNTY 5 . . \ ~'~:'~.-: ,U't ';~~y~~';"~:"""""''''''''''''''''''''''''''''''''''''''''..,...,'~ '. '. - I . ., (Thl~ alt'R for om('l:il not anal ~('.ll) ..::.:..... . '. . .:r- \' " , " ,~ ',) . , . Tille Order No, Escrow or Loan No. W-il TAX STATEMENTS AS DIRECTED - ^ "'r'" t? r.":"_lt= r ' . t' .... I ....;.~ , . , . I~~: . f' '.: ,,' , " :,-..' . . ~. " l , ; , CORPORATION' " GRANT DEED f l t j~ r > - '. ~ > Title Insurance and' Trust Company COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL , . , . ~ ... ..... ',_- l . ' .--."3,~' " , CORPORATION GRANT DEED ~. ~~Jj.f'~'~.. ,.' .. I"J ',~ 4/j . .' ,i I <<:..,...,:.. Title' InsurdItce" I . "'{.~ and '" ~-'''' " .. It", Trust CQJnp}lii'y ~ . .\ - . " ...\. '- .... '/r' ",- COMPLETE STATEW10E Ti';LE'SERVlCE WITH ONE.LOCAL CALL .. ~ ...\.-,.4" _.~ " -. . "'- -' I"~ "", Hl''''II", . ."" . \ if ':J'" , ,. ~. ".' ". I" .. I / \. .. ~ , 't ,f'-. : .: /' .. . , , " ~.:. ,I " '/ \,,\\\ """"'11,1'\ r , '! " ~" " .' January 22, 1969 ror. John R. Paasar~lla, Auditor-Controller 500 Weot Toqple Streot, Room 153 Loo Angoloo, California 90012 Attention: Eleanor Parlter, To.JC Cancollation Section Subject: Request for Cancellation of Taxes International Church of tho r,ouraqunro Gospol Doar wr. Passarella: Pleaoe cancol as of the date of recordina all twces on tho property deocribed in the enclosed copy of deed. This prop- erty is part of a larser parcel acquired for street uidoning purposos. There is no building on it. Very truly yours, ROBERT D. OGLE City Attorney RDO!kd Enclosure .. ,~ A' 0, \, TO 1012 Fe (7-68) California Land Title A$$od"tion Standard Coverege Policy Form Copyright 1'63 POLICY OF TITLE INSURANCE lSSUED BY Title Insurance and Trust Company Tide Insurance and Trust Company, a California corporation, herein called the Company, for a valuable consideration paid for this policy, the number, the effeaive 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 consolidation, 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 shalI 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 C, 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 mortgage 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 charge of said mongage 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; all subject, however?'~1~))~~i~ii>ns of Schedules A, Band C and to 'the Conditions and Stipulations ..;:0- "EA~OT"'\I\\ hereto annexed~ .... ~ U 'T1. II - ^r 000000 v<S' , : ..:::,~ ooo~t. \S PR~ooo )- I, ~ ~ 0 ~O ~tlfl'':. )-~.o^ <' j . jf ~ o~'v ~~-t>'f,~BEfln~.J~ttneJScWhereoj, Title Insurance and Trust Company has caused Its ~ ,,":: 00 J..;. *"4 co~~rarc;'~1u~ l~d seal to be hereunto affixed by its duly authorized officers ~ ...... Or-J.~ _ 7- \:If;\v----..... v -c ,/, ~ -' OL~ on the~a.~shown.in Schedule A. ~t-O '...,..~ ~_Ok oZ~ ~l-O 'r. 0_% rJ 0', "'" ;;" . '~: 0 ,% ~ O,.).~\'l9~~1 _'Qoo ~ ~1. -{t 00-1-<<- - :~- .. ;::)\0 )}::: I", <ooof~';:,''';~~~'G~~~oo ~'f III ;S -4 00000000 C~v ..:: \\\\ NGELES. ~~ \\\\'\'-'''~~ Title Insurance and Trust Company by )v~~ PRESIDENT Attest GW~~ SECRETARY CONDITIONS AND STIPULATIONS 1. DEFINITION OF TERMS The following terms when used in thiS policy mean: (a) "land": the land described, specific. ally or by rderence, 10 Schedule C and improvements affixed (hereto which by law consti[Ute real property; (b) "public records": those records which impart constructive notice of matters relating to said land; (e) "knowledge": actual knowledge, not constructive knowledge or notice which may be imputed [0 the Insured by reason of any public records; (d) "date": the effective date; (e) "mortgage": mortgage, deed of trust, trust deed, or other security instrument; and (f) "insured": the party or parties named as Insured, and jf the owner of the in- debtedness secured by a mortgage shown in Schedule B is named as. an Insured in Schedule A, rhe Insured shall include (1) each successor in interest in ownership of such indebtedness, (2) any such owner who acquires the estate or interest referred to in this policy by foreclosure, trustee's sale, or other legal manner in satisfaction of said indebtedness, and (3) any federal agency or instrumentality which is an in- surer or guarantor under an insurance con- tract or guaranty insuring or guaranteeing said indebtedness, or any part thereof, whether named as an insured herein or not, subject otherwise to the provisions hereof. 2. BENEFITS AFTER ACQUISITION OF TITLE If an imured owner of the indebtedness secured by a mortgage described in Sched- ule B acquires said estate or interest, or any part rhereof, 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 rhereof, as a consequence of an insurance contract or guaranty insuring or guarantee- ing the indebtedness secured by a mortgage covered by this policy, or any part thereof, this policy shall continue in force in favor of such Insured, agency or instrumentality, subject to all of the condirions and stipula- tions hereof. 3, EXCLUSIONS FROM THE COVERAGE OF THIS POLICY This policy does not insure againsr loss or damage by reasons of the following: (a) Any law, ordinance or governmental regulation (including but not limited to building and zoning ordinances) restricting or regulating or prohibiting the occupancy, use or enjoyment of the land, or regulating the character, dimensions, or location of any improvement now or hereafter erected on said land, nr prohibiting a separation in ownership or a reduction in the dimensions or area of any lor or parcel of land, (h) Governmental rights' of police power or eminent domain unless notice of the exercise of such rights appears in the public rerords at the date hereof, (c) Title to any property beyond the lines of the land expressly described in Schedule C, or title to streets, roads, ave- nues, lanes, ways or waterways on which such land abuts. or the right to maintain therein vaults. runnels. r:lmps or any other structure or improvement; or any rights or easements therein unless this policy speCIfic- ally provides that such property, rights or easements are Insured, except that if the land abuts upon one or more phYSICally open streets or highways thiS policy insures the ordinary rights of ahu((ln~ owners for access to one of such streers or hIghways, unless otherWise excepted or excluded herein (d) Defects, liens, encumbrances, adverse claims against the title as insured or other matters (1) created, suffered, assumed or agreed to by the Insured claimlOg loss or damage; or (2) known to the Insured Claimant either at the date of this policy or at the date such Insured Claimant ac- quired an estate or interest insured by this policy and not shown by the public records, unless disclosure thereof in writing hy the Insured shall have been made to the Com- pany prior to the date of this policy; or (3) resulting in no loss to the Insured Claim- ant; or (4) attaching or created subsequem to the date hereof. (e) Loss or damage which would not have been sustained if the Insured were a purchaser or encumbrancer for value with- out knowledge. 4. DEFENSE AND PROSECUTION OF ACTIONS -NOTICE OF CLAIM TO BE GIVEN BY THE INSURED (a) The Company, at its own cost and without undue delay shall provide (1) for the defense of the Insured 10 all litigation consisting of actions or proceedings com- menced against the Insured, or defenses, restraining orders, or injunctions interposed against a foreclosure or sale of the mort- gage and indebtedness covered by this policy or a sale of the estate or mterest in said land; or (2) for such action as may be appropriate to establish the title of the eState or interest or the lien of the mort. gage as insured, which litigation or action in any of such events is founded upon an alleged defect, lien or encumbrance in- sured against by this policy, and may pur- sue any litigation to final determination in the court of last resort. (b) In case any such action or proceed- ing shall be begun, or defense interposed, or in case knowledge shall come to the In- sured of any claim of title or interest which is adverse to [he title of the estate or in- terest 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 shall in good faIth contract to sell the in- debtedness secured br a mortgage covered by thiS pohcy, or, i an Insured in good faith leases or contracts to sell, lease or mortgage the same, or if the successful bidder at a foreclosure ~ale under a mort. gage covered by this policy refuses tn pur. chase and in any such event the title to said estate or Interest is rejected as un- marketable, the Insured shall notify the Company thereof in .writing. If such notice shall not be given to the Company withm ten days of the receipt of process or plead- ings or if the Insured shall not, in writing, promptly notify the Company of any de- feet, lien or encumbrance insured against which shall come to the knowledge of the Insured. or if the Insured shall not. in writing. promptly notify the Company of any such rejection by reason of claimed un- marketability of title, then all liability of the Company in regard to the subject matter of such action. proceedlOg or matter shall cease and terminate; provided, however, that fadure to notify shall in no case prejudice the claim of any Insured unless the Company shall be actually prejudiced by such failure and then only t(l the extent of such prejudice. (c) The Company shall have the right at ItS own cost to instItute and prosecute any action or proceeding or do any other act which in its opinion may be necessary or desirable to establish the title of the estate or interest or the lien of the mort- gage as insured; and the Company may take any appropriate anion under the terms of this policy whether or not It shall be liable thereunder and shall nm thereby concede liability or waive any provision of thiS policy. (d) In all cases where this policy per- mits or requires the Company to prosecute or provide for the defense of any action or proceeding, rhe Insured shall secure to it the right to so prosecute or provide de. fense in '5uch action or proceeding, and all appeals therein, and permit it to use, at its option, the name of the Insured for such purpose Whenever requested by the Com- pany fhe Insured shall give the Company al/ reasonable aid in any such action or proceeding, in effecting settlement, securing evidence, obtaining witnesses, or prosecu- ting or defendmg such action or proceed- ing, 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 which it is claimed the Company is liable under thiS policy shall be furnished to the Company within sixty days after such loss or damage shall have been derermined. and no right of action shall 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 Insured under this poliey unless action shall he commenced thereon within five years after expIration of said thiny day period, Failure to furnish such statement of loss or dama~e, or to commence such action within the time hereinbefore specified, shall be a con- clusive bar against maintenance by the In- sured of any action under this policy. 6, OPTION TO PAY, SETTLE OR COMPRO- MISE CLAIMS The Company shall have the option to payor settle or compromise for or in the name of the Insured any claim msured against or to pay the fuIl amount of this pohey, or, in case loss is claimed under thi, policy by the owner of the IOdebtedm:" secured by a mortgage covered by Ihis policy, the Company shall have the option to purchase said indebledness; such pur- chase, payment or render of payment of (Conditions and Stipulations Contmued and Concluded on Lost Page of This Policy) . . - TO 1012-1 AD C CalifornIa Land Title AssocIation Standard CowN-uge Policy 1963 SCHEDULE A Premium $ 40. 00 Amount $ 2, 000 . 00 Effective Date January 13, 1969 at 8:00 a.m. INSURED Policy No,68 77 616 CITY OF ARCADIA, a municipal corporation. 1. Title 10 the estate or interest covered by this policy at the dale hereof is vested In: CITY OF ARCADIA, a municipal corporation. 2, The estate or interest in the land described or referred to In Schedule C covered by this policy is a fee, SCHEDULE B , This policy does not insure against loss or damage by reason of the following: PART I 1. Taxes or assessments which are Dot shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records. 2. Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained by an inspection of said land or by making inquiry of persons in possession thereof. 3. Easements, claims of easement or encumbrances which are not shown by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by the public records. 5. Unpatented mining claims; reservations or exceptions in patents or in Acts authorizing the issuance thereof; water rights, claims or title to water. '"SL - q TO \O\2.\tl Corlt. C Co IlfornJo Lond Title Auoclotlon Standard CoV..lrOlle PolI(1-1963 S C H E D U LE B - (Continued) PART II 1. General and special county for the fiscal year 1968-1969, Second Installment and city taxes $174.98 Parcel No. 5382-38-9 and 34 Affects affecting the portion of said land and for the herein, and incidental purposes E. J. Baldwin pipes Prior to February 15, 1950 in book 2182 page 309 of Deeds running along the north line of said land 2. An easement purposes stated In Favor Of For Recorded 3. An easement affecting all of said land for the purposes stated herein and incidental purposes In Favor Of Santa Anita Land Company For pipes Recorded Prior to February 15, 1950 in book 2765 page 124 of Deeds 4. An easement purposes stated In Favor Of affecting the portion of said land and for the herein and incidental purposes Emma L. Aldrich and Marguerite E. Rodgers and husband pipes Prior to February 15, 1950 in book 7208 page 1 of Deeds Along the West line of said land in book 296 page 187 of Official Records For Recorded Affects And Recorded 5. A covenant and Agreement Executed By International Church of the Foursquare Gospel In Favor Of County of Los Angeles Recorded Not shown Which, Among Other Things, Provides: First party, inconsideration of being permitted to connect the draining systems of more than ,one building situated on said property, to common house sewer or private sewage disposal system do hereby promise, covenant and agree to and with the county of Los Angeles, that afore described lot or parcel, together with all improvement thereon, will be maintained as unit, and that before any subdivision is made or any portion of said lot or . parcel is transferred to another owner, separate sewer facilities will be installed as required by the provisions of the Los Angeles County Plumbing Code ( County Ordinance No. 2269) as amended. This covenant and agreement shall run with the land and be binding upon all future owners, heirs, successors and assigns to such property. 6. Covenants, Executed By Recorded conditions and restrictions in the deed Santa Anita Land Company Prior to February 15, 1950 in book 2765 page 124, Of Deeds in book 2808 page 167 of Deeds And Recorded 7. An easement affecting the portion of said land and for the purposes stated herein, and incidental purposes, In Favor Of The City of Arcadia, a municipal corporation For public street and road purposes, to become 'a' part of and to be known as Duarte Road Recorded June 1, 1966 in book D-3322 page 542, Official Records Affects the northerly 12.00 feet, measured at right angles of the West 63.00 feet of the East 185.00 feet of Lot 1 in Block "C" 8. An action in the Superior Commenced Entitled Court October 29, 1968 City of Arcadia -vs- et al 941839 public Parcel Ann Simon Case No. Nature of Action Affects Los Angeles use 10 ::- 31 county Notice of the pendency of said Recorded action was October 29, 1968 in book M-3028 page 53, Official Records . IJiBU ~ TO IOI2-)-)056-IC C American lend TIll. A~soclotlon Loon Polley Additional Coverage-1962 0' Collfornlo land Tltl. Association Standard Covorage Policy-1963 SCHEDULE C The land referred 10 in this policy is situated in the county of Los Angeles, state of California, and is described as follows: The easterly 10 feet of the southerly 80 feet of the northerly 235 feet of Lot 1, Block "C", Santa Anita Land Company's Tract in the City of Arcadia, County of Los Angeles, State of California as shown on map filed in book 6 page 137, of Maps, in the office of the Recorder of said county of Los Angeles. . 60' <0 <1 . TO au c TOl36 VC . PORTIO.! OF LOT IN :'jLOCK "c" 0 LM:D COMP NY 'J '.i.'RACT 1" SAN'l'A ANI'rA I i \ \ \ . l' ::-J I C 1\ ILl I ( U 0 ii I U \ \IliDUAf TE ND .--\ ! /85 1 (,3 .~, '" I I ell!) 1'0", , '", ~~ ? I ~ I , 1'0 .l ~ I' ~ !. ) , @ CS-<" cO..p, This is not a survey of the land but is com ited for inli rmation by the Title Insurance and Trust Company from data s own by the official records. CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face) the full amount of this policy, together with all costs, attorneys' fees and expenses which the Company is obltgated hereunder to pay, shall terminate all liability of the Company hereunder. In the event, after notice of claim has been given to. the Com- pany by the Insured. the Company offers to purchase said indebtedness, the owner of such indebtedness shall transfer and assign said indebtedness and the mortgage securing the same to the Company upon payment of the purchase pnce. 7. PAYMENT OF LOSS (a) The liability of the Company under this policy shall in nn case exceed, in aiL the actual loss of the Insured and COSts and .IHorneys' fees which the Company may be obligated hereunder to pay. (b) The Company will pay, in addition to any loss insured against by [his policy, .Ill COStS imposed upon the Insured in liti- gation carried on by the Company for the I nsured, and all costs and attorneys' fees in litigation carried on by the Insured with the wntten authorization of the Company. (c) 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 encumbrance not excepted or excluded herein remove~ such defect, lien or encumbrance within a reasonable time after receipt of such notice. nr '(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 poltcy, until there has been a fmal determination by a court of competent juris. diction sustaining such rejection. (d) All payments under this policy, ex- cept. 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 destroyed, in which case proof of such loss or destruction shall be furnished to the satisfaction of the Com- pany; provided, however. if the owner of an indebtedness secured by a mortgage shown in Schedule B is an Insured herem then such payments shall not reduce pro tanto the amount of the insurance afforded hereunder as to such Insured, except to the extent that such payments reduce the amount of the mdebtedness secured by such mort- gage. Payment in full by any person or voluntary satisfacuon or release by the In. sured of a mortgage covered by this policy shall 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 liability has been definitely fixed io accordance with the conditions of thiS policy the loss or damage shall be pay- able withm 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 (0 in Schedule B hereof or any mortgage here. after executed by the Insured which is a charge or lien on the estate or intere~t described or r~ferred to in Schedule A, and the amount so paid shall be deemed a pay- ment to the Insured under this policy. The provisions of this paragraph numbered 8 shall not apply to an Insured owner of an indebtedness secured by a mortgage shown in Schedule B unless such Insured acquires ritle to said estate or mterest in satisfaction of said indebtedness or any part thereof. 9. SUBROGATION UPON PAYMENT OR SETTLEMENT Whenever the Company shall have settled a claim under thIS policy. all right of sub- rogation shall vest 10 the Company un- affected by any an of the Insured, and it shall be subrogated to and be entitled to all rights and remedies which the Insured would have had against aoy person or prop- erty in respect to such claim had this policy not been issued. If the payment does not cover the loss of the Insured, the Company shall be subrogated to such rights and remedies in the proportIOn which said pay. ment bears to the amount of said loss. If los~ should result fwrn .In}' act of the In- sured, such act ~hall not void thiS poltcy, but the Company, in that event, shall be requlfed to pay only that part of any losses insured a'talnst hereunder which shall ex. ceed the 'amouot, if ,IOY. losl to the Com- pany by reason of the impairment of Ihe right of subrop:.1tion. The Insured. if reo quested by the Company, shall transfer to the Company all rights. a~d remedies against any person or propenr net.essary in order to perfe'ct such right 0 subrogatIOn. and shall permit Ihe Company to use the name of the Insured in any transaetion or litigatIOn Involving such rights or remedies. If the Insured is the owner of (he 10, debtedness secured by a mortgage covered by this policy, such Insured may release or substitute the personal liability of any debtor or guarantor. or extend or otherwise modify the terms of payment. or release a portioo of the estate or interest from the lien of the mortgage. or release any col- lateral security for the IOdebtedness. pro- vided such act does not result io any loss of priority of the lien of Ihe mongage. 10. POLICY ENTIRE CONTRACT Any action or actions or rights of action that the Inmred may have or may bring agamst the Company ariSing out of the status of the lien of the mortgage covered by this policy or the tide of the estate or interest insured herein must be based on the provisions of this policy. No provision or condition of this policy can be waived or chanp;ed except by writinp; endorsed hereon or attached hereto signed by the President, a Vice President. the Secretary, an Assistant Secretary or other \'J.lidating officer of the Company. 11. NOTICES, WHERE SENT All notices required to be given rhe Com. pany and any statement in wriling required to be furnished the Company shall be ad. dressed to it at the office which issued this policy or to its Home Office, 433 South Spnng Street, Los Angeles H. California. 12. THE PREMIUM SPECIfiED IN SCHEDULE A IS THE ENTIRE CHARGE fOR TitlE SEARCH, TITLE EXAMINATION AND TiTlE INSURANCE. @ Title Insurance and Trust Company POLICY OF TITLE INSURANCE Providing direct title services or referral services throughout the United States and the territory of Guam, Title Insurance and Trust Company ~ , , MARK H. BLOODGOOD AUDITOR.CONTROLLER '"" COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR-CONTROLLER 153 HALL OF ADMINISTRATION LOS ANGELES. CALIFORNIA 90012 829-3611 June 2, 1969 City of Arcadia 240 West Huntington Drive Arcadia, California 91006 Attention: Robert D. Ogle City Attorney Re: Property acquired from the International Church of the Foursquare Gospel for street widening Gentlemen: Pursuant to your letter dated January 22, 1969, taxes have been cancelled in acc~rdance with SectiQn 4986 of the Revenue and Taxati0n Code. This cancel- lation was ordered by the Honorable Board 'of Super- visors March 11, 1969 by Authorizati0n No. 09133. Very truly yours, ~lARK H. BlflODGOOD, A udi tor-C0ntroller CK A .I ~~, 1-t.._ By J. R. Passarella, Chief Tax Divisic..n JRPjEMP!ejd N- ) 7 D ,( ROSERT A. GILL CHIEF DEPUTY J. R. PASSARELLA, CHIEF, TAX DIVISION