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HomeMy WebLinkAboutD-1705 . , ,! ; , . i. 1\ (, , ~' 'i\; ~) CERTIFICATE OF ACCEPTANCE BKD4263pc56r 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 12, 1968 , from or executed by Ann Simon and Marie Ann Simon , is hereby accepted by the City of Arcadia by the order or authorization of the City Council of the City of Arcadia contained in,Reso1ution 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 authoriz d officers. ~ ... 00 ,tZd;C ?I ~ City Engineer is hereby approved as to form. ~~ ~ The.d!,cument 'j ",~ECO~DING REQUESTED BY " .lq~ - 'l-vtJ -vUlJ /)-/706- City of Arcadia RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY, CALIF. FOR TITLE INSURANCE & TRUST co. JAN 29 1969 AT 8 A.M. AND WHEN RECORDED MAIL TO Nome I City ,.Clerk City of Arcadia P. O. Box 60 Arcadia, California 6 9100 -1 I Sir..' Addreu RAY E. LEE, Registrar-Recorder City & S,otoL SPACE ABOVE THIS LINE FOR RECORDER'S USE MAll TAX 5TATEMENTS TO I I Nome Sir.., Addro$l Cify & S,ot.L .J rFREEV~ Grant Deed AFFIX I.R.S. S "'''''on",,,,,,,,,,,,,,,,,,,.,,,,, ABOVE TO ""OS C (e.eS7) THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, ANN SIMON, a widow, and MARIE ANN SIMON, an unmarried woman, mother and daughter, hereby GRANT(!:) 10 the CITY OF ARCADIA, a municipal corporati on, the following described real property in the County of Los Angeles City of Arcadia, , State of California: That portion of the westerly 10 feet of Lot 2, Block B, Santa Anita Land Company's Tract, as shown on map filed in Book 6, page 137, of Maps, in the office of the Recorder of the County of Los Angeles, which lies within that certain parcel of land described in deed to Ann Simon, et al, recorded as Document No. 974, on April 14, 1966, in Book D327l, page 23, of Official Records, in the office of said recorder. ~I~ Free recording requested Essential to the Acquisition by the City of Arcadia (See Gov't Code 6103.) DOCUMENTARY TRANSFER TAX $"it.,.2.t>._______~m ~ Title Insurance and 7l , Trust Company SIGNED -- PA OR AGENT FIRM NAME As instructed by ma _ . ...l)d~~t!.!.~m!..._........_ ,... ;; ~' z :::> w UJ E iJ no !;! :;: U, ;=,: o ;:; c.. 0: u <fl UJ o PUBLIC AGENCY.- NO TAX STATEMENT " Dated "'Y&v. /:;J" 11~f' "\ ~ C!AA--\AJ ,,/J~ / Ann Simon . . - , ill STATE OF CALIFORNIA } COUNTY OF LOS ANGELES SS, On )1./f'\J' / ~.. I '1/" ,f before me, the under. signed, a Notary Public in and for said State. per50pally appeared Ann Simon and Marie Ann Slmon n'\.a-,uO, (~.- )~ f1arie Ann S mon' . known to me to he the pcrson~whose nam,s are subscribed to the within instrulllent and acknowledged thai they executed the samf'. WITNESS my hand and official seal. '-;wr----~~~,,_. ~ ~~ OFFICIAL SEAL ,! ':~"':'\~ FLORENCE E, NEERGARD :', ~;i;}5~' d NOlARY PUBLIC. CAI.lFORNIA <, '.""" ,,,"""'" ,< LOS ANGELES COUNTY <, \, fK[;\i+'fI.1/ . . 1: ~ MyCommlsslOnExplresMar.4,1972 ..'-:;;;r- __ ~ ~ CXJ oJ Signature P. O. Box 60, Arcadia. Calif. ~ Name (Typed or Printed) (This .~a tOI omdal notarial seal) ;, Title Order No. Escrow or Loan No. MAil TAX STATEMENTS AS DIRECTED ABOVE l : . ., . GRANT'DEED Title Insurance and .. Trust Company COMPLETE STATEWIDE TITLE SERVICE WITH ON E LOCAL CALL , . , , " GRANT 'DEED , Title Insurance ,and , ' Trust '~Company , , COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL '--"-1 " IIII~ ~ ~" '\. ... . .r.,. . " . 'f,-c... ~ . ~ TO 1012 Fe (7-1>8) Co!Ilifornill land Title ^ssocilltion Stllnd&rd Coverllge Policy Form Copyright 1963 POLICY OF TITLE INSURANCE ISSUED BY Title Insurance and Trust Company Title Insurance and Trust 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 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 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 C, existmg 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 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; . """"~~'\.'\.'\.'\"" f d all subject, however;---to the provlsIon,o Sche ules A, Band C and to the Conditions and Stipulations hereto annexed~-:~CE AND rR;~ \\11 .,,;;::"' ~r 0000000 Vt$' I : ~ 00~~t. IS PRO~oo I- I, , <0 oo~ <u" ....on 0 'h f :r ~ o.~ q.~~..,.1JIlEf1ln~Jf?ltneJSC~ ereo , Title Insurance and Trust Company has caused its ;-! -....; 0 """I. J;} ('I ~..;. ~ 0 ~ fJ ~ LI,J g J..;. >) cOJPorate1name and seal to be hereunto affixed by its duly authorized officers ~ -J 00'0' """ <5'n"'I,th'e\d,,1e~sh~ri1n Schedule A, ~.... _ 4"'- . '''\-l~-'-'-'~~;-' ~ _ 0 ".~ "<'.-1\\ 0 Z % ~ I- ~ -/,'A, - ,- "';1 __ g -< ~ ~ .H 0 "'~, ~_ ~t 1)'<4 Q~ ~ () 'Y' 07 :.,," - ,Ii !VA J} ~ 'I 00~1:7_."___~,, '~~<:;;oo 5 III <'0 Oo~7'AiE IS <;UOOO ~',.: " ~ 00000000 ~v..:::- 1\\\\-'lNGELES, C ..;;::-~ \\\\~'\.'\.'\.~~ Title Insurance and Trust Company by )y~~ PRESIDENT Attest c:JW N-~ 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, in Schedule C and Improvements affixed thereto whICh by law constitute real propeny; (b) "public records": those records which impart constructive notice of matters relating to said land; (c) "knowledge": actual knowledge, not Constructive knowledge or notice whICh may be Imputed to the Insured by reason of any public records; (d) "date": the effective date; (e) "mortgage": mortgage, deed of trust, trust deed, or ocher security instrument; and (f) "insured": the party or parties named as Insured, and if the owner of the in, debtedness secured by a mortgage shown in Schedule B is named as. an Insured in Schedule A, the 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 thereof, by foreclosure, trustee's sale, or other legal manner in satisfaction of said mdebtedness, or any part thereof, or if a federal agency or instrumentality acquires said estate or interest, or any part thereof, as a consequence of an insurance contract or guaranty insuring or guarantee- ing the mdebtedness secured by a mortgage covered by this policy, or any part thereof, this policy shall continue 10 force in favor of such Insured, agency or instrumentality, subject to all of the condulOns and stipula- tions hereof. 3. EXCLUSIONS FROM THE COVERAGE OF THIS POLICY This policy does not insure against 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 regulatlOg the character, dimensions, or location of any improvement now or hereafter erected on said land, or prohibiting a separation 10 ownership or a reduction in (he dimensions or area of any lot or parcel of land. (b) Governmental rights'of police power or eminent domain unless notice of the exercise of such rights appears 10 the public rewrds at the date hereof. (c) Title to any property beyond the lines of the land expressly descnbed in Schedule C, or title to streets, roads, ave, nues, lanes, ways or waterways on which such land abuts, or the right to maimain therem vaults. tunnels, ramp~ or any mher structure or improvement, or any nghts 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 01 more physically open streets or highways thi~ policy IOsures the ordinary rights of ahutllng owners for access to one of such streets or highways, unless otherWIse excepted or excluded herem, (d) Defects, liens, encumbrances. adverse claIms against the tItle as .msured or other matters (1) created, suffered. assumed or agreed to by the Insured claiming 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, qui red an estate or IntereSt insured by thIS policy and not shown by the public records. unless disclosure thereof in writlOg by the Insured shall have been made to the Com, pany prior to the date of this policy: or (3) result10g in no loss to the Insured Claim- ant; or (4) attaching or created subsequent 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 in aU ]itigatlOn consisting of actions or proceedings com, menced against the Insured. or defenses. restraining orders, or injunctions interposed aga10st a foreclosure or sale of the mort. gage and indebtedness covered by this poltcy or a sale of the estate or interest in said land; or (2) for such action as may be appropriate to estabhsh the title of the estate or interest or the lien of the mort, gage as insured, which litigatIOn or action 10 any of such events IS founded upon an alleged defect, lien or encumbrance 10, 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 10 case knowledge shall come to the In, sured of any claim of title or IOterest which is adverse to the 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 hable by virtue of this pohey, or if the Insured shall in good faith contract to sell the in- debtedness secured by J. mortgage covered by this pohcy, or, if an Insured to good faith leases or contracts to sell, lease or mortgage the same, or If the successful bidder at a foreclosure sale under a mort. gage covered by this policy refuses to pur- chase and 10 any such event the title to saId estate or interest is rejected as un, marketable, the Insured shall notify the Company thereof in .writlOg, If such notice shall not be given to the Company withm ten days of the receipt of process or plead, ings or if (he Insured shall not, in writing, promptly notify the Company of any de- fecr. hen or encumbrance insured against which shall come to rhe knowledge of the Insured. or If the Insured shaH not. in writing. promptly notify the Company of any such rejectIOn by reason of claImed un, marketabdHY of tllle. then all liability of the Company 10 regard to rhe subject matter of ~uch action. proceeding or matter shall cease and felmmare; proVIded, however. that failure to notify shall 10 no case prejudice the claIm of any Insured unless the Company shall be actually prejudICed by such failure and then only t0 the extent of such prejudice. (c) The Company shall have the right at ItS own cost to instItute and prosecute any actIOn or proeeed1Og or do any other act which in its oplOlOn 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 acrion under the terms of thIS poiJcy whether or not it shall be liable thereunder and shall not thereby concede habihty or waive any prOVision of this pohcy, (d) In all cases where this policy per, mits or requires the Company to prosecute or provide for the defense of any action or proceedmg. the Insured shall secure to it the right to so prosecute or provide de. fense in such actIOn or proceedmg. and all appeals therein. and permit It to use. at lt~ option, the name of the Insured for such purpose. Whenever requested by the Com, pany the Insured shall gIve the Company all reasonable aid In any such action or proceeding, in effecting settlement, securing evidence, obtaining witnesses, or prosecu, ting or defending such achon or proceed- ing, and the Company shall reimburse the Insured for any expense so mcurred. 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 liab]e under thIS policy shall be furnished to (he Company within sixty days after such loss or damage shall have been determined, and no fight 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 (his policy unless actiOn shall he commenced thereon withlO five years after expiration of said thirty day peflod. Failure to furnish such statement of loss or damage. or to commence such acrion wIthm the time hereinbefore speCified, shall be a con, elusive bar agamst maintenance by the In- sured of any acrion under thIS polley. 6. OPTION TO PAY, SETTLE OR COMPRO- MISE CLAIMS The Company shall have the option to payor settle or compromise for or 10 the name of the Insured any claim imured agamst or to pay the full amount of this polIcy, or, in case loss is elaimed under this policy by (he owner of the mdebtedne~' secured by a mortgage covered hy this poltcy, the Company shall have the optIOn to purchase said indebtedness, such pur. chase, payment or (ender of payment of (Conditions and Stipulations Continued and Concluded on Last Page of This Policy) . . TO 1012.1 AB C CoUfomla land Title Assodotlon Standard Coverage Policy 1963 SCHEDULE A Premium $ 40.00 Amount $ 2,000.00 Effective Date January 29, 1969 at 8:00 a.m. INSURED Policy No, 6877615 I , CITY OF ARCADIA, a Municipal corporation. 1. Title to the estate or interest covered by this policy at the date hereof is vested in: CITY OF ARCADIA, a Municipal corporation. 2: The estate or interest ill the land described or referred to ill 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 not 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, mterests, or cl81ms 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. ;.: 1..1 TO 1012-18 Cent. C eallfornlo Land Till. Anoc:lotlon St(lndtlrd Covertl". Pollc:y_1963 SCHEDULE B- (Continued) PART II 1. General and special county and city taxes for the fiscal year 1968-1969 Second Installment $ 946.24, Parcel 5383-001-012. 2. An easement affecting all of said land for the purposes stated herein, and incidental purposes, In Favor Of Santa Anita Land Company For pipe lines Recorded in book 3003 page 63 of Deeds. 3. Covenants, Executed By Recorded conditions and restrictions in the deed Santa Anita Land Company January 12, 1924 in book 3051 page 74, Official Records. 4. An easement affecting poses stated herein, and In Favor Of : For Recorded Affects 5. An action in the Commenced Entitled Case No. Nature of Action Affects Notice of the pendency of Recorded : the portion of said incidental purposes, Southern California corporation poles September 11, 660, Official the northerly land and for the pur- Edison Company, a 1962 in book D-l75l Records 6 fee~. page Superior Court October 25, 1968 city of Arcadia vs. Ann Simon, et al. 941839, County of Los Angeles public right of way said land designated as Parcel No. 10-3 as follows: That portion of the westerly 10 feet of Lot 2, block B, Santa Anita Land Company's Tract, as shown on map filed in book 6 page 137, of Maps, in the office of the Recorder of the County of Los Angeles, which lies within that certain parcel of land described in deed to Ann Simon et al, recorded as Document No. 974, on April 14, 1966 in book D-327l page 23 of Official Records, in the office of said recorder. said action was October 29, 1968 in book M-3028 page 53, Official Records. TO 1012-1-1056-1C C American Land Tltlo AssociatIon LlXln Policy Addillonal Coverago-1962 0' CalifornIa Land Tltlo AssocIation Standard Coverage Pollcy-1963 SCHEDULE C The land referred to in this policy is situated in the county of Los Angeles, state of California, aDd is described as follows: The Westerly 10 feet of Lot 2, block B, Santa Anita Land Company1s 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 the County of Los Angeles, which lies within that certain parcel of land described i~ deed to Ann Simon et al., recorded as Document No. 974, on April 14, 1966, in book D-327l page 23, of Official Records, in the office of said recorder. -... .,. Leo 3 .. -- .... .,. -.. All"" _ __....... I I I i 60 -i 1'1 5 ptlV.O,.c r- / ~ Bik. e f5 0Tg) ,1. ,. '" , "." ">>. 'OM ,.", '.m""... "'~~'" 'y>>, · "", '''"''~' 'M '^" C'mN'. 'rom ..., """ '. >>, .",." m.,~.. NAOMI \ \ '\ RD. i A.ve, or.. . . , I , I i I I / .1 I , ! I / I i , I . . . CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face) Ihe full amount of this policy, together with all (oses, attorneys' fees and expenses which the Company is obligated hereunder 10 pay. shall terminate all liability of the Company hereunder. In the event, afcer notice of claim has been given [0 the Com. pany by the Insured. the Company offers to purchase said indebtedness, the owner of such indebtedness shall transfer and assign "aid indebtedness and the mortgage securing the same to the Company upon payment of the purchase price. 7. PAYMENT OF LOSS (a) The liability of the Company under this policy shall in no case exceed. in all. the accual loss of the Insured and COStS and attorneys' fees which the Company may be obligated hereunder to pay. . (b) The Company will pay, In addition to any loss insured against by this policy. ..III COStS imposed upon the Insured in liti- gation carriea on by the Company for the Insured. and all costs and auorneys' fees in litigation carried on by the Insured with the wrieten authorization of the Company. (c) No claim for damages shall arise or be p1aineainable under this poilcy (1) 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. or '(2) for liability voluntarily assumed by the Insured in settling any claim or suit without writlen consent of the Company, or (3) in the event the title is rejected as unmarketable because o'f a defect, lien or encumbrance not excepted or excluded in this policy, uneil there has been a final determination by a court of competent juris. diction sustaining such rejection. (d) 'AlI payments under this policy. ex- cept payments made for COStS, attorneys' fees and expenses, shall reduce the amoum of the insurance pro tanto and no payment shall be made WIthout producing this policy' for endorsemem 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 10 Schedule B is an Insured herein thf:n such payments shall not reduce pro tanto the amount of the insurance afforded hereunder as to such Insulcd, except [Q the extent that such payments reduce the amount of the indebtedness se(urc:d by such mort- gage. Payment 10 full by any person or voluntary satisfaction or release by the In- sUled of a mortgage covered by thiS policy shall terminate all liability of the Company (Q the insured owner of the indebtedness secured by such mortgage, except as pro, vided in paragraph 2 hereof, (e) When liability has been definitely fixed in accordance with the conditlons of thiS policy the loss or damage shall be pay. able 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 [0 in Schedule B hereof or any mortgage here, after executed by the Insurc:d which is a charge or lien on the estate or interest described or referred to in Schedule A, and the amount so paid shall be deemed a pay' ment to the Insured under this policy. The provisions of this paragraph numbered 8 shall not apply to an Insured owner of an IOdebtedness se(ured by a mortgage shown In Schedule B unless such Insured acquire~ title to said estate or interest in satisfaction of said indebtedness or any part thereof. 9. SUBROGATION UPON PAYMENT OR SEnLEMENT Whenever the Company shall have senled ,a claim under this policy, all right of sub, rogation, shall vest in the Company un- affected by any act of the Insured. and it shall be subrogated to and be entitled to all rights and remedies which the Insured would have had agamst any 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 hears to the amount of said loss, If loss should result from an)' act of the In. sured. such .1ct shall not void this policy. but the Company, in that event. shall be reqUIred to pay only that p.1rt of any losses insured ag;limt hereunder which shall ex, ceed the amount. if .1ny. lost tIl the Com- pany by reason of the impairment of the right of subrogation. The Insured. if re, quested by the Company, shall transfer to the Company all rights and remedies agalOst any person or property necessary in order to perfect such rigllt of subrogation, and shall permit the Company to use the name of the Insured in any transactlon or litigation involving such rights or remedies. If the Insured is the owner of the in- 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 moddy the terms of payment, or release a portinn of the estate or interest from the lien of the mortgage. or release any col- lateral security for the indebtedness. pro' ,'ided such act does nO[ resulr in any Ims of priority of the lien of the mortgage. 10. POLICY ENTIRE CONTRACT Any action or actions or rights of action (hat the Insured may have or may bring against the Company arising out o~ the status of the lien of the mortgage covered by this polky or the title of the estate or interesr insured herein must he based on .the pwvisions of thiS policy, No provision or condition of thiS policy can be waived or changed except by wriling endorsed hereon or attached heretn signed by the PreSident, a Vice President, the Secretary, an Assistant Secretary or other ,'alidating officer of the Company. 11. NOTICES, WHERE SENT All notices required to be given rhe Corn- pany and any statement in writing rf:quired to be furnished the Company shall be ad- dressed to it at the office which issued this policy or 10 Its Home Office. 433 South Spring Street. Los Angeles "4. 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 ~ - TO 1012 FTC (7-bS) California land Title Auocilltion Stondord Coverllge Policy Form Copyright 1'l63 POLICY OF TITLE INSURANCE ISSUED BY Title Insurance and Trust Company Title Insurance and Trust 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 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 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 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 .1. 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, how~'to.Jhe ,f,rd"IS~\ of Schedules A, Band C and to the Conditions and Stipulations hereto annexar- ...~c.t. A 0 rll(J \\ll ~ ^ r 0000000 ~.. VI ff '>..... 000~1:: IS PROoOo,. I, ~ ~ 0 y.O ",,'tfll'~ < ,.~ 0 ~_':U ::r ~ o~lv ."~BEr:lJt, writ{J8ssov~ereof, Title Insurance and Trust Company has caused its ~ :;; f~:'" . _J~~Tafe,da~ aW seal to be hereunto affixed by its duly authorized officers ~ -l i~};'I\l'e}[af~JP;'~n Schedule A, ~ !:: 0 _,' 6.' ~, 0 Z ~ ~ I- ~ :,/4;"."," 1",?:0 -~g ~ ~ Z O.A :,\ 0.,....' i' f Q 0 ~ ~J '" o-s-~ --s~.. !AJ1-"~'voo * ~ 'I 00" ~ . -';0"_ ':',' ''I-~ 00 j:: "1 (0 oo~"A":E IS <;\)000 ~'5 III ~ -4 00000000 (V'lf-v ~ '\\\ I\IGELES, ~..:;;- \\\\\.\.'\.'\.~~ Title Insurance and Trust Company by ~ ,(~ _LL V c;a..Got- /' ~ PRESIDENT Attest Copy of Policy No additional liability assumed 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 tt'fen:nce, in Schedule C and improvements affixed therew which by law constitute real property; (b) "public records": those records which impart constructive notice of mnttels relating to said land; (c) "knowledge": actual knowledge, not constructive knowledge or nooce which may be imputed (0 the Insured by reason of any public Jecords; (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 if the owner of the in, debtedness secured by a mortgage shown in Schedule B is named a~. an Insured in Schedule A, the 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 Ill, surer or guarantor under an insurance con- tract or guaraney 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 thereof, by foreclosure, trustee's sale. or other legal manner in satisfaction of said indebtedness, or any part thereof, or if a federal agency or instrumentality acqUires said estate or interest, or any part thereof, as a consequence of an 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 III favor of such Insured, agency or instrumentality, subject to all of the conditions and stipula- tions hereof, 3. EXCLUSIONS FROM THE COVERAGE OF THIS POLICY This policy does not insure against 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 (In said land, Qr 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 notice of the exercise of such rights appears in the public rewrds at the date hereof. (c) Title to any property beyond the Jines of the land expressly described in Schedule C, or title to streets, roads, ave, nues, lanes, ways or waterways on whIch <;uch land abuts, or the right to maintain therein vaults, mnnels. ramp~ or any mher structure or improvement; or any rights or easements therein unless chiS poliCY specific- ally provides chat such property, nghts or easements are Insuled, except that if che land abuts upon one 01 more rhysically open streets or hIghways thi<; policy insures the ordinary nghts of abU!clllg owners for access to one of such streets or highways. unless otherWise excepted or excluded herein. (d) Defects, liens, encumbrances, adverse claims against the title as insured or ocher matcers (1) created, suffered, assumed or agreed to by the Insured claiming loss or damage; or (2) known (0 the Insured Claimant either at the date of thiS policy or at the date such Insured Claimant ac- qUIred an estate or inten'sc insured by this policy and not shown by the public records, unless disclosure thereof io writin,g hy the Insured shall have been made to the Com. pany prior to the date of this poltcy; or (3) resultlOg in no loss to the Insured Claim, ant; or (4) attaching or created subsequent 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 (I) for the defense of the Insured in all litigation consisting of actions or proceedings com, menced against the Insured, or defenses, restraining orders, or injunctions interposed agalOst a foreclosure or sale of the mort- gage and IOdebtedness covered by this policy or a sale of the estate or interest III said land; or (2) for such action as may be appropriate to escablish the title of the escate or interest or the lien of the man. 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 lOterposed, or in caSe knowledge shall come to che In- sured of any claim of tnle or interest which is adverse to the title of the estate or in- terest or lien of the mongage as insured, or which nllght 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 che 10' debtedness secured by a mongage covered by this policy, or, if an Insured 10 good faith leases or con traces to selJ, lease or mortgage che same, or if the successful bidder at a foreclosure sale under a mort. gage covered by this policy refuses to pur- chase and 10 any such event the title to said estate or interesc is rejected as un. marketable, che Insured shall notify the Company thereof in .writing. If such notice shall not be given to the Company withlO ten days of the receipc of process or plead, ings or if the Insured shall not, 10 writing, promptly nocify the Company of any de- fece, hen or encumhr.lOce insured ag:linst which shall come to the knowledge of the Insured, or if the Insured shall noc, in writing, promptly notify the Company of any such rejectIOn by reason of claImed un- marketability of title, then all liability of che:: Company in regard to che subject matter of such ace ion, proceeding or matter shall cease and termlOare; rrovlded, however, that failure to nocify shall in no case plejudlce the claim of any Insured unless the Company shall be actually prejudi((.>d by such fadure and then only to the ex cent of such prejudice, (c) The Company shall have the right at its own COSt co inscitute and prosecute any action or proceeding or do any ocher act which in its oplOion may be necessary or deSIrable to establish the tiele of the estate or incerest or the lien of the mort. gage as insured; and che Company may take any appropriate action under the cerm~ of this policy whether or not it shall be liable thereunder and shall nO( thereby concede liability or waive any proviSIOn of this policy. (d) In all cases where thIS policy per- mits or requIres the Company co prosecute or provide for the defense of any action or proceeding, [he Insured shall secure co it the right [0 so prosecute or provide de, fense in such action or proceeding, and all appeals therein, and permIt It (0 use, at its option, the name of rhe Insured for such purpose. Whenever requested by the Com- pany the Insured shall give the Company all reasonable aid in any such actiOn or proceeding, in effecting seulemenc, secunng evidence, obtaining wicnesses, or prosecu, ting or defending such action or proceed. 109, and the Company shall relmhurse che Insured for any expense so incurred. S. NOTICE OF LOSS - LIMITATION OF ACTION In addition to the notICes required under paragraph 4(b), a scatement 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 determined. and no fight of action shall accrue to the Insured under this poilcy until thirty days after such statement shall have been furnished, and no recovery shall be had by che Insured under this policy unless action shall be commenced thereon withlO five year<; after expiratIOn of said thiny day period. Failure to furnish such statement of loss or damage, 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 setrle or compromise for or in the name of the Insured any claim insured against or to pay the full amount of this policy, or, in case loss is claimed under this polICY by the owner of the indebtednes~ secured by a mortgage covered by Ihis polICy, the Company shall have the option co purchase said IOdebtedness; such pur, chase, payment or tender of payment of (Conditions and Stipulations Continued and Concluded on Lost Page of This Policy) TO 1012-1 AB C California lond Title Association Standard Coverage Policy 1963 SCHEDULE A Premium $ 40.00 I Amonnt $ 2.000..00 Effective Date January 29. 1969 at 8tOO a.ll.'!. Policy No, 68776.15 INSURED .. ern OF ARC1ID:m., a rJun1cipa1 corpomUon. 1. Title to the estate or interest covered by this policy ot the date hereof is vested In: ern OF' ARCADXA, a t1im101pa1 corporat1.on. 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 not shown as existing liens by the records of allY taxing authority that levies taxes or assessments all real property or by the public records. 2. Any fncts, 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. Enscments, 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. 101012-18 Coni. C California land Titl. Anoclallan Standard Qlverag. Pollcy-1963 S C H E D U L E B - (Continued) PART II 1. General and sp.ec1ai county and city taxes rOi' th~ fiscal year 196B-1969 Second Installment : $ 946.24.. Ptlrcel 5383...001-012. 2. An casement nt'feeting all of said lnnd tor the PllI'pOSes statatl harain.. and incidental UUrpOSC3, In Favor or : santa Anita Land Company For : p1pe 110ea Bocordcd : 1n book 3003 page 63 of Deeds. 3. Covenants, Executed By B9corded conl21t1ons and restrictions 10 the deed : Santa Anita Land Company : January 12, 1924 in beok 3051 PElZ<:l 74, Off1c101 Records. 4. An easement affecting the portion 01' said land and for the pur- poses stated bcra1n. ond incidental purpose3, In Pavor Ot : Southern Cnl1tomia Edison Company. a corporation For : poles Racordea : September 11. 1962 1n book D-1751 paSO 660, 01'1'1cla1 Records Affects : tbe northerly 6 feet.. 5. An nction 1n the Superlor Court COnmenced : October 25, 1968 Entitled : cit~ of' Arclld:1a va. Ann 8181on. at a1. Case No. : 941839. County of'Los Angeles Nature of' Action : publ1c r1ght of way Af'f'ects : said land designated aa Parcel No. 10-3 as followa: '!'hat portlon of the weGterl~ 10 feet of Lot 2, block B, Sante Anita Land ~ny' s Tract. as ohown on map r1led in book 6 page 137, of Naps, in the of'flce of" the Recorder of the COWlt~ of" Los Ange1eo~ whlch lies withIn that certain parcel of' land described 1n deed to Ann Simon ct a1. recorded ea Document Ro. 974. on April 14. 1966 In bCOlt D-3271 page 23 of' Officlal Records, in the office of said recorder. Notice of' the pendenoyof said actIon was Recorded : October 29, 1968 10 book M-3028 page 53, Off'lc1a1 Records. TO 1012-I-l056-1C C AmerIcan Land Title Association Loan Policy Additional Covorago-1962 . '" CalifornIa Land Tltlo Association Standard Coverage PolI~-1963 SCHEDULE C The land referred to in this policy is situated in the county of Los Angeles, state of California, and is described as follows: TUe 1:iestorly 10 foot of' Lot 2. block B. Santo An1ta Land C~OyI Q Tract. 1n the City or tJ1'CacUa. county of' Loo Angolea. state of' California. 93 chow on map f'Ued 1n b,oolf 6 page 137 of' t'bpo, 10 t~~ office 01' too lbcordcr of' tho C<)unty of Loa Angeles. "Moh lies within that cartalo parcel 01' lon::J aeoci'1boa 1n dead to Am1 S.t.mon at a1.. recoraod til1J Docuroont 110. gr4, on AprU 14. 1966. in 'b~!t 1).3271 pa~e 23. or Off'icial Reeol:'ilo. 1n the o1'1'1ce of' 0016 recorder. . . CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face) the full amount of thi<; pohcy. together with a]J cuStS, attorneys' tees and expenses which the Company is obligated hereunder fO pay. shall terminate ail liability of the Company hereunder. In the event, after notice of claim has been ~iven to the Cum- pany by the Insured. the Company offers In purchase said indebtedness, the owner of such indebtedness shall transfer and assign ,aid indebtedness and the mortgage securin~ the same to the Company upon payment of the purchase price 7. PAYMENT OF LOSS (a) The liability of the Company under this policy shall in no case exceed, in all. the aemal loss of the Insured and coses and attorneys' fees which the Company may be obligated hereunder to pay. (b) The Company will pay, in addition to any loss insured against by this policy, ~ll co~ts imposed upon the Insured In lit!, gation carried on by the Company for the Insured, and all costs and attorneys' fees in litigation carried on by the Insured wlth the written authori'l.ation 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, lieD or encumbrance not excepted or excluded herein remove<; such defect, hen or encumbrance withm a reasonable time after receipt of such notice. or '(2) for liability vo]untarily assumed by the Insured in settling any claim or suit without wntten consent of the Company. or (3) in the event the title is rejected as unmarketable because of a defect, hen or encumbrance not excepted or excluded in this policy. until there has been a final determination by a court of competent juns- 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 de5troyed, in which case proof of such loss or destruction shall be furnished to the satisfMtion of the Com- pany; provided. however, if the owner of an indebtedness secured by a mOflgage shown in Schedule B IS an Insured herein tht:n such payments shall not reduce pro tanto the amount of the insurance afforded hereunder a.. to such Insured. except [0 the extent that such payments reduce the amount of the indebtedness secured by such mort- gage. Payment in full by any person or voluntary satisfawon or release by the In- sUled 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, v.ded 10 paragraph 2 hereof. (e) When liability has been definitely fixed in accordance with the conditions of this policy the loss or damage shall be pay, able 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 10 Schedule B hereof or any mortgage here, after executed by the Insurt:d which is a charge or lien on the e~tate or intere<;t described or referred 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 puagraph numbered 8 shall not apply to an Insured owner of an indebtedness secured by a mortgage shown in Schedule B unless such Insured acquires title to said estate or IOterest in satlsf;lctlOn 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 in the Company un, affected by any act of the Insured, and tt shall be subrogated to and be entitled to all rights and remedies which the Insured would have had against any 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 nghts and remedIes in the proportion which said pay. ment bears to the amount of said loss. If lo<;s should re..uh flOlll any act of the In- sured. such aCt shall not vllld this policy. hut the Comp,IOY. in that event, shall be required to pay only th,ll part of any losses insured ,h,:,tiO\t ht:retlnder which shall ex- ceed the 'amount. if ,10)', lost to the Com- pany by reason (If the impairment of the right of subroJ.:.ltion. The Insured. if re, quested by the Company, shall transfer to the Company all rights and remedies agalOst any person or property netessary in order to perfect such right of subrogation. and shall permit the Company to use the name of tbe Insured in any ttdnSaCtlOn or litigation involving such rights or remedies. If the Insured is the owner of the in- 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 othetwise modify the terms of paymenr, or release a portIOn of the estate or interest from the lien of the mortgage. or release any col. lateral security for the indebtednt:ss, pro- vided such act does nm resuh in any loss of priority of the lien of {he mOClgage. 10. POLICY ENTIRE CONTRACT Any ;!CtlOn or actions or rights of action that the Insured may have or Illay brin#t against the Company ari~ing out ()~ the status of the hen of tht: mort,1:agl' covered by this policy or the title of tht: eStdte or interest insured herein IllUSt be based on the proviSIOns of this policy, No provision or condition of this policy (.1n be waived or changed except by wflling endorsed hereon or attached hereto signed by the President, a Vice Pre..ident, the Secretary. an Assistant Secretary or other validating officer of the Company. 11. NOTICES, WHERE SENT All notices required to be givl;n the Com- pany and any statement in writing rt."quired to be furnished the Company shall be ad- dressed to If at the office which i~sut."d this policy or to its Home Office, 433 South Spring Street. Los Angelt:s 54. 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 refe"al services throughout the United States and the territory of Guam. Title Insurance and Trust Company . February 7, 1969 Mr. John R. Passarella, Auditor-Controller 500 West Temple Street, Room 153 Los Angeles, California 90012 Attention: Eleanor Parker, Tax Cancellation Section Subject: Request for Cancellation of Taxes Temple City Blvd. Widening - Simon Dear Mr. Passarella: Please cancel as of the date of recording all on the property described in the enclosed copy of deed. property is part of a larger parcel acquired for street purposes. There is no building on it. Very truly yours, ROBERT D. OGLE City Attorney RDO /ltd Enclosure taxes This widening MARK H. BLOODGOOD AUDITOR.CONTROLLER COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR-CONTROLLER 153 HALL OF ADMINISTRATION LOS ANGELES, CALIFORNIA 90012 825-3811 June 4, 1969 City of Arcadia 240 West Huntington Drive Arcadia, California Attention: Robert D. Ogle City Attorney Re: Temple City Blvd. Widening - Simon Gentlemen: Pursuant to your letter dated February 17, 1969, taxes have been cancelled in accbrdance with SectiQn 4986 of the Revenue and Taxation Code. This cancel- lation was ordered by the Honorable Board of Super- visors Mar. 25, 1969 by Authorization No. 09536. Very truly yuurs, ~~ BIflODGOOD, Auditor-Controller B,y J. R. Passarella, Chief Tax Division JRP/EMP!ejd "'-, FC,/v RoaERT A. GILL CHIEF DEPUTY J. R. PASSARELLA. CHIEF. TAX DIVISION RECEIVED JUN - 9 19fiq .CITY OF AReAl.' . C!TY ~TTORNEY