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Home My WebLink AboutD-1709 .' ~ r ~l 'J (,~ :!- ." ':\, CERTIFICATE OF ACCEPTANCE = =- o ~ ~ '-'.l --= ,::;-:, N g] 1) 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 April 17, 1968 , from or executed by Gratia A. Thorarinson , 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 ~he City of Arcadia consents to the recordation thereof by its duly authorize - fficers. ~ Jf ~ City Mana City Engineer I--lo CJ;;:i ~ is-hereby approved : to form. ' ~~~ City Att .~,--,;-y-"~-' .~----_.-- .. ~vv HK D4283rC 255 (;:LTY OF ARCADIA RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY, CALIF, FOR TITlE INSURANCE & TRUST CO. FER 19 1969 AT 8 A.M. RAY E. LEE, Registrar-Recorder AND WHEN RECORDED MAIL TO I Nam. City Clerk Str..t P.O. Box 60 Addrell City & Arcadia, Calif. Stot. L MAlt lAX $l.n>>'lNl$ 10 I Nom. City of Arcadia Str..t Addr.u CI,y & Sta'.L I , " ~ SPACE ABOVE THIS LINE FOR RECORDER'S USE I .J Grant Deed - [FREE ~E I I.. AFFIX l.R,S, $uuuuuunomuuuu.no uuno ABOVE TO 405 C 14 57) THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is herehy acknowledged, ,. C '" r o a; m Z Q , GRATIA A. THORARINSON 0y, ~rebY GRANT(S) 0 the CITY OF ARCADIA, a Municipal Corporation, IAIrEIi'. I aB ea8emeBE for publ~c street and road purposes, to become a part of and to be known as Baldwin Aven~e, in, on, upon and across \ the following described real property in the City of Arcadia ._ ' I County of Los Angeles , State of California: z o ~ _lhe.easterly ,2 ,feet, of the westerly-17 .,OO-feet-of -Lot'.7" -Tract~No.-~9282-,-..in-the-City_,. . of Arcadia, County of Los Angeles, State of California, as per map recorded in Book 125, Page 6 of Maps, in the office of the County Recorder of said County. !!:l ~ 'm ~ m Z .... Free recording requested Essential to the acquisition by the City of Arcadia (See Gov't Code 6103). DOCUilllENTARY TRANSFER T/J< $u',~u'___'m..' 77 , ~( J Title Insurance and V Trust Company SIGNED. PA OR AGENT FIRM NAME As instructed by .. ~t<.):.. di..t:i'!!I1.1..w........... .. v ' tI I I '.....J i~1 >- OJ Cl ,u ~: .--; ul ~ ~ 0 . Dated ~AJ I'l, It?hf ~~~ ra ~a A. ,!'horarinson z o ;:: c.. 2 u <n "' Cl ., STATE OF CALIFORNIA COUNTY OF LOS ANGELES On before me, the under- silTned a Notary Public in and for said Slate. personally appeared o Gratia A. Thora~inson }ss. executed the sam('. ~""''''"''~:~:::;~''''''"'''''''''''''''''''''''()'F'Fi'(;'i'^'L'''''5E';\'L""~'"'''''''' 1 ":~~~~?" v. H. CHA.\~ZE!lLAIN I ~ ~~.!f~f.J; NOTAr;y PUBLIC. c,\L1FORNIA i ~ ~~~ PRlNCIPAL OFFICE IN ~ ~ ,,~...;;o, LOS ANGELES COUNTY i !-.u..........""'......-.................."""'...'''''''..".........'...'..M''...'''...''''.........-...'''- ~ c.c. c.c. . is to be the person_whose ['lamp she inslrument and acknowledged that WITNESS my hand and officil1! seal. Signature d.//. C~~~~ V, H ChPI11DeJ /0/.... Name (Typed or Printed) . known to me subscribed to the within My Commissioa Expires April 24, 1971 . , (This area for omdal notarial 6eal) '" Title Order No. Escrow or l.oan No. i~ MAIL TAX STATEMENTS AS DIRECTED ABOVE "J, t I , I, I ' a' ~~ ' t' ~ GRANT'DEEB Title Insurance, and Trust Company COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL 'I \ , jl , , . , I I , 1" t i " " ~ . , ! ..... .. ... GRANT DEED -Title-Insurance and Trust Company , -~OMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL .: . ,"r:..;; ~.. ~- ~ ~ . -.--., '-' " "-4....\._.- ..'" .. ':.- \ q 1. . .. -'. ~ State, personally appeared known to me to he the_Vice President, and Joseph L. Green known to me 10 be Assistant Secretary of the corporation that executed the within Instrument, known to me to be the petsons who executed the within Instrument on behalf of the corporation therein named. /lnd acknowledged to me that such corporation executed the within instrument pursuant to its by,Jaws or a resolution of its board of directors. /'7 WITNESS my ~afui)and official s~al/J ./:/ (// CL/,~/- 5;gnat~r' ,7)--:-d~V\. /f' ~ Jf/ t Name (Typed or Printed) TO 449 C ( Corporation) :1- . i 5TATE OF CALIFORNIA COUNTY OF Los Angeles } 55. February 3 , 1969 R.M. On before me, the Stafford undersigned, a Notary Public in and for said " . " " " ~ ~ . ~ w ~ (~ 'I ril @H "- ,~ amnnmllllllllllnIlIIUlrlllllllllnmml1ll11l111nnmmrmmlll1l1lmtnPI1I1I1lIIlltll1tllllnll I OFFl(:IAL SEAL. I ~ r."'f.~ LYNiic L. ROW _ "I?"" e ~""'~',:>y., I':O";AP.'( PUOLlC . CA!.Ii'OFlN1A F. ,. ''':) ,,",', -'I'! I ~ ~'\.-1- ';<".;,,,0,,'1 PR'N;;IPA!.. OFFI:;E IN g ':..::;";':/'1 LO':; M:Gl.:LE:.S COUN rv ~ ~l;~; M~' CommlSSlon Lxpires Feb. 15, 1972 ~ iuuuuuuIWlllIIUUllllU1VlllolllUllIUIIllIIIlI"IUlIIl..llIUhlUUIIlUllllUllIUUllHUI..IlUd {~ 1 ,,' J~ (This area for omcial notarial seal) ... When Recorded, Return To: City Clerk, City of Arcadia , P. 0,. Box 60 Arcadia, California 91006 This document is presented for recording under Gov. Code Sec. 6103 and is necessary to complete the chain of title to property acquired by the City of Arcadia ;jq'l : BKM3/ Z4PG 133 RECORDED IN omCIAL RmoRllS OF LOS ANGElES COUNTY. CAUF. FOR TiTlE INSURANCE & TRUST co. 1969 AT 8 .6.M. fEB 21 RAY E. lEE, Registrar.RecorcIer. DECLARATION OF SUBORDINATION I L :;-:-::.-:-=-' 1 l'l>.__ oil <', j WHEREAS, STATE MUTUAL SAVINGS AND LOAN ASSOCIATION, a corporation, is the beneficiary and owner and holder of the note and of a Deed of Trust executed by GRATIA A. THORARINSON, an unmarried woman, recorded as Document No. 1033 on December 19, 1967, in Book T562l, Page 46 of Official Records of the County of Los Angeles, and WHEREAS, said beneficiary desires to subordinate the lien Charge of said Deed of Trust to any and all right, title and interest of the CITY OF ARCADIA in the following described property: The easterly 2 feet of the westerly 17 feet of Lot 7, Tract No. 9282, in the city of Arcadia, county of Los Angeles, State of California, as per map recorded in book 125 page 6 of Maps, in the office of the county recorder of said county. NOW, THEREFORE, the undersigned beneficiary does hereby subordinate said Deed of Trust to any and all right, title and interest of the CITY OF ARCADIA in the above described property. COUNTY OF LOS ANGELES ~ ss. By Dated: February 3 , 1969 STATE OF CALIFORNIA By J0sep On this third day of February ,1969, before me, a notary public in and for said county and state, personally appeared R. M. Stafford -:, _ :-::::.'C,~ ' '::--~o~known to me' to 'ne the Vice President and J:oseph'~ i.. .G~~;;n :, known to me to be the Assistant Secretary of the Corporation that executed the within instrument, known to me to be the persons who executed the within instrument on behalf of the Corporation therein named, and acknowledged to me that such Corporation executed the within instrument pursuant to its by-laws or a resolution of its board of directors. WITNESS my hand and official seal. Notary Public in and for the County of Los Angeles, State of California ~ ~ t (SEAL) . r l,J'-1-" -.......~"""""1.1)''-' f~ S-3 ~ ! TO 1012 FC (Ha) Co!!lifornio!! Land Title Association Sto!!ndard Covero!!ge 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 elleaive 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 Conditiofl5 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, howev~1S'1~))~)}siOn~ of Schedules A, Band C and to the Conditions and Stipulations hereto annexed~~CE AND rR;: \\11 - ^r 000000 V.$' I :- ,>'<" ooo~~ IS PR~ooo J'- I, ,~ o~O -<:>,):R( l',to.on<' I j:f.;:; 00;y ...1\'lJIlE,~[}1' IFitnesscW,hereoj, Title Insurance and Trust Company has caused its /11! ' 0 "<.- >;/' ~ ~,~ (<\ 0 " fJ .... :i1 4J 0 '" * cOlPorat<9name and seal to be hereunto affixed by Its duly authOrized offICers ~ or--',"'~ -"':"h' """'\d "'h-tl'1 Sch dul A ~ -.I OL~. ~-=-' 001:'[ e ate sown/In e e . r, I- 0 ~""i!'- --=-uv, ~ ~ _ 0-,:,..._ \ g Z ~ ~ I- ~ ~,,~ ' ,jl"l.__:g ~ ~ ~ ~ oo~ :\\~;__,- 1fI~"'o0 }} j:f ~I 00(" Ii' 7,~::> 't.~Qoo j;t "1 <"0 oo~rAiE IS G"'ooo ~ '.5 'I ;SO 00000000 \>-v...:;::- 1\\\\-'1NGELES, C ..;::-..::" \\\\\.\.'\.,~~ " , Title Insurance and Trust Company by )v~~ PRESIDENT Attest c:JW l1-~ SECRETARY \ CONDITIONS AND STIPULATIONS 1. DEFINITION OF TERMS The following terms when used In thiS policy mean: (a) "'and": the land described, specific, ally or by reference, in Schedule C and improvements affixed thereto which by law constitute real property; (b) "public records": those records which impart constructive notice of matters relating to said land; (c) "knowledge": actual knowledge, not constructive knowledge or nocice which may be imputed to the Insured by reason of any publIC records; (d) "date": the effective date; (~) "mortgage": mortgage, deed of trust, trust deed, or other secunty instrument; and (f) "insured", the party or parties named as Insured, and if the owner of the tn' debtedness secured by a mongage 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 descnbed in Sched- ule B acquires saId estate or interest, or any part (hereof, 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 (his policy, or any part thereof, this policy shall continue in force in 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 followmg: (a) Any law, ordinance or governmental regulation (including but not limited to building and zoning ordlOances) restricting or regulating or prohibIting the occupancy, use or enjoymenc of the land, or regulating the character, dimensions, or locatIOn of any improvement now or hereafter erected on said land, or prohibiting a separation in ownership or a reduction in [he dimensions or area of any lot or parcel of land. (b) Governmental rights'of police power or emlOent domain unless notIce of the exercise of such rights appears in the public rewrds at the date hereof. (c) Tide 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 risht to maintain therein vaults, tunnels, ramp~ or any other structure or improvement; or any rights or easements therein unless this policy speCifIC, ally provides that such property, fights or easements are Insured, except that if the land abuts upon one or more physically open streets or highways thl~ policy lOsures the ordinary rights of abutting owners for access to one of stich streets or highways, unless otherWise excepted or excluded herein (d) Defects, hens, encumbrances, adverse claims against the title as lOsured or other matters (1) created, suffered, assumed or agreed to by the Insured c1aimlOg loss or damage; or (2) known to the Insured Claimant either at the date of this policy or at the date such Insured C]almant ac- quired an estate or Interest IOsured by this policy and not shown by the public records, unless disclo~ure thereof 10 writmg by the Insured shall have been made to the Com, pany prior [0 the date of this policy, or (3) resultmg in no loss to the Insured Claim, ant; or (4) attaching or created subsequent co 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 all litigation conSisting of actions or proceedings com, menced against the Insured, or defenses, resrraining orders, or injunctlOns interposed against 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 establish the title of the estate or interest or the lien of the mort, gage as IOsured, which litigation or action 10 any of such events is founded upon an alleged defect, hen or encumbrance in, sured agalOst 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- 109 shall be begun, or defense interposed, or in 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 liable by virtue of this pohty, or if the Insured shall in good faith contract to sell the in- debtedness secured bl a mortgage covered by this policy, or, i an Insured 10 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 poilcy 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 withlO ten days of the re<elpt of process or plead- ings or if the Insured shall not, in writing, promptly notify the Company of any de- fect, hen or encumbrance insured against whICh shall come to the knowledge of the Insured, or If the Insured shall not. in wntlOg. 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 ...uch actIon, proceeding or matter shall cease and termlOate; prOVided, however, thar fadure to notify shall 10 no case prejudice the claim of any Insured unless the Company shall be actually prejudIced by such fadure and then only to the extent of such preJudICe. (c) The Company shall have the right at its own cost [0 institute and prosecute any actIOn or proceed 109 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 IOsured; and the Company may take any appropflate action under the terms of this policy whether or not it shall be liab]e (hereunder and shall nor thereby concede ]iability 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, the Insured shall secure to it the right to so prosecute or provide de- fense in such actIOn 01 proceeding, and all appeals therelO. and permit It to use, at its 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, secllflng evidence, obtaining witnesses, or prosecu- tmg of defending such action or proceed, ing, and the Company shall reimburse the Insured for any expense so incurred, 5. NOTICE Of LOSS - l1MITATION 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 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 this policy unless action shall be commenced thereon within five year,> after expiration of said thirty day period. Failure to furnish such statement of loss or damage, or to commence such action within the time hereinbefore specified, shall be a con, elusIve bar agalOst 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 Insured against or to pay the full amount of this policy, or, in case loss is claImed under thi~ pollcy by the owner of the mdebtedn(:s~ secured by a mortgage covertd by this policy, the Company shall have the option to purchase said indebtedness; such pur, chase, payment or tender of payment of (Conditions and Stipulations Continued and Concluded on Last Page of This Policy) { ""'" TO 1012.1.1"" C Cal1farnia land Tille Auociation Slondord Coveroge Policy_1963 SCHEDULE A Premium $ 40. 00 Amount $ 2,000 .00 Effective Date February 19, 1969 at 8:00 a.m. Policy No, 6739717' INSURED 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 in the land described or referred to in Schedule C covered in this policy is: An easement for public street and road purposes, to become a part of and to be known as Baldwin Avenue. i:::M TO 1012.1B C CalifornIa lond Tille AnocJallon Standard Coverage Policy Form Copyright 1961 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, interests, or claims which are not shown by the public records but which could be nscertnined 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. 6. Any facts, rights, interests or claims which are not shown by the public records but which could be ascer- tained by making inquiry of the lessors in the lease or leases described or referred to in paragraph 2 of Schedule A. 7. The effect of any failure to comply with the terms, covenants and conditions of the lease or leases described in paragraph 2 of Schedule A. PART II 1. General and special county and city taxes for the fiscal year 1968-1969 Second Installment $151.97, Parcel 5787-011-008. 2. Covenants, Executed By Recorded, conditions and restrictions in the deed Peter L. Cuccia prior to February 15, 1950 in book 740 page 286, Official Records and in book 543 page 191, Official Records. Which provide that violation' thereof shall not defeat or render invalid the lien of any mortgage or deed of Trust made in good faith and for value. ' 3. An easement affecting poses stated herein, and In Favor Of For Recorded the portion of said land and for the pur- incidental purposes, City of Arcadia, a corporation street'and highway purposes March 21, 1956 in book 50661 page 36, Official Records the westerly 15 feet. Affects . TO 1012.-1-10S6-1C C Amc.trlcan Land T1tlo Association loan Policy Ac.Idltlonal Covorago-1962 or California Land Tltlo Association Standard Coverago Pollcy-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: The easterly 2 feet of the westerly 17.00 feet of Lot 7, Tract No. 9282, in the City of Arcadia, county of Los Angeles, state of California, as per map recorded in book 125 page 6 of Maps, in the office of the county recorder of said county. TO ~3.1 'lie EAST \ <:) \!l WALNUT AVE. w '> ~ \-, 195,63 ~)I /00 /00. 130Z':!: '" I ",I ""-" HOLL t-' d GO' t-- 132,67 ~\~ " It)' Z. <0 l'- '\ , '" /30./3 '" N ",'" C) '" " Cl 5 "" 6 '" r-- It) 3 "", '" N N -.{) "i /8753 '" ,.... \..') 4- '" '0 "i /85,05 '" 85 85 la , 355,05' " ; ~ 'ti 7 L-.2>0 <:i) " ~ , I '>:l ~ . 346,62 , , /30 ::J I C) (J 8 I I C) ") <J In I I '>:l , , <l) Z 328,/.9, ----- 198,1.9 "- 65 , 65 - \f) N I ~ .:3 ~ I ~ J '-D 188,49 '" I --- C\ l'-- I / ,- ") /0 '" I / ''-.- -l \() ,,' I /'!c'.-__ <.r \ 178,79 "'I\[) I ~ / '. -.- ~ . \ / / ~Il'- /3 ~/ /;,~-(q':/ \'G \ ~~ "'''' '<i ' " -S <:;'<l) , <>:l {;;~V /63,89 l,~ '" I '" ,"\>\/ \ I ./ft- \' ~ ./ 55 ~I / /( ~. ./ <J /2- I, /' <:) ,0 ~ '>:l, 1 /902,00 ..S) ~'i I /-lOLL Y /54,9/ 65 I 65 GO'W/ TO Y AVE IN/DE 55 , , '$ ~ '\ I' - Cl Cl l[', ...., ~ <>:l 'i. / / ALO GAR-fer ~ '::- TO AVE: DE: Cl PALM DR., \ \f) 'j VVE ST I TRACT .NQ 9282 ~ ' i @ This is not a survey 01 the land but is compiled lor information by the Title Insurance and Trust Company from data shown by the official records. CONDITIONS AND STIPULATIONS (Continued cnd Concluded From Reverse Side of Policy Foce) the full amount of this policy, together with all COSIS, attorneys' fees and expenses which the Company is obligated 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, (he owner of such indebtedness shall transfer and assign said indebtedness and the mortgage securing the same to the Company upon payment of the purchase price, 7, PAYMENT OF LOSS (a) The liability of (he Company under this policy shall in no case exceed,. in all, the actual 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, ..Ill COSts imposed upon the Insured in liti- gation carried on by the Company for the Insured, and all costs and attorneys' fees in litigation carried on by the Insured with rhe written authorization of the Company. (c) No claim for damages shall arise or be maintainable under this policy (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 rime after receipt of such notice. 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 (itle is rejected as unmarketable because o'f a defect, hen or encumbrance nor excepted or excluded In this policy, until there has been a final determination by a court of competent juris, diction sustainlOg such rejection. (d) All payments under this policy, ex- cepe 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 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 mortgal?e shown in Schedule B is an Insured herem then such payments shall not reduce reo tanto the amount of the insurance afforded hereunder as to such InsUled, except to the extent that such payments reduce the amount of rhe indebtedness se<ured by such mort, gage. Payment in 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 to the insured owner of the indebtedness secured by such mortgage, except as pro' vided in paragraph 2 hereof (e) When liability has been definitely fixed in accordance with the conditions of thiS policy the loss or damage shall 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 an}' 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 Insurt'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 Indebtedness secured by a mortgage shown In Schedule B unless such Insured acquires title to said estate or Interest in satisfaction of said indebtedness or any part [hereof. 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 it 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 fights and remedies in the proportion which said pay- ment bears to the amoun! of said loss, If loss should result frum .In}' act of the In. sured. such aCI shall not VOId this policy, but the Comp,lny. in tbat l'vent, shall be required to pay only that pari of any losses IOsured .H~;tin~t hereunder which shall ex, ceed the amount. If any, lost to the Com. pany by reason of the impairment of the right of subro~.1tion, The Insured, if re- quesn-d by the Company, ",hall transfer to the Company all nghts and remedies against any person or propenr net'essary in order to perfect such right 0 ..ubrogation, and shall permit the Company to use the name of the Insured in any transaction or "tigation involvlO,!!; such rights or remedies. If the Insured is the owner of (he in. debtedness secured by a mnrtgage covered by this policy, such In~ured may release or substttute the personal liability of any debtor or guarantor, or extend or otherwise modify the terms of payment, or release a portion 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 not lesult in any los", 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 ari..ing out (l~ the status of the lien of the mortgage covered by this policy or the title of the eS[.lte or interest insured herem mUSI he hased un the provisions of this policy, No provision or condition of this policy can be waived or changed except by writing endorsed hereon or attached hereto signed by the President, a Vice President, the Secretary, an Assistant Secretary or other valtdating officer of the Company. 11. NOTICES, WHERE SENT All notices required to be givc.-n the COOl- pany and any statement in writing rc.-quired 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 Spring Street, Los Angelc.-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 referral services throughout the United States and the territory of Guam. Title Insurance and Trust Company CITY COUNCIL DON W. HAGE MAYOR City of Arcadia C. ROBERT ARTH """VOR PRO TEM EDWARD L. BUITERWORTH ROBERT J. CONSIDINE JAMES R, HELMS, JR, ~ 240 WEST HUNTINGTON DRIVE ARCADIA, CALIFORNIA LYMAN H. COZAD CITY MANAGER cl-lRISTINE VAN MAANEN CITY CLERK February 28. 1969 Mr. 500 Los John R. Passarella, West Temple Street, Angeles, California Auditor-Controller Room 153 90012 Attention: Eleanor Parker, Tax Cancellation Section Subject: Request for Cancellation of Taxes Baldwin Avenue Parcel No. 53 Dear Mr. Passarella: Please cancel as of the date of recording all taxes on the property described in the enclosed copy of deed. This prop- erty is part of a larger parcel acquired for street widening purposes. There is no building on it. Very truly yours, RDO: jh Ene. , f ~ MAILING ADDRESSES CITY HALL P. O. BOX eo 91006 LIBRARY 20 W DUARTE ROAD 91006 POLICE DEPARTMENT P. 0 BOX 60 91008 FIRE DEPARTMENT 7105 SANTA ANITA AVE, 91006 TELEPHONES 446.4471 . 681.0276 446,71" 447.2121 448.2128 , ... ' , MARK H. BLOODGOOD AUDITOR-CONTROLLER ~- 170 J COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR-CONTROLLER 1!53 HALL OF ADMINISTRATION LOS ANGELES, CALIFORNIA 90012 6215.3611 ROBERT A, GILL CHIEF DEPUTY J. R. PASSARELLA. CHIEF. TAX DIVISION June 2, 1969 RECEIVED JUN - 9 19f,f) City of Arcadia 240 West Huntington Drive Arcadla, California ,CITY OF ARCAiJ ,..\ Clrt ATTORNEY Attention: Robert D. Ogle City Attorney Re: Baldwin Avenue Parcel No. ~~ Gentlemen: Pursuant to your letter dated February 28, 1969, taxes have been cancelled in acc~rdance with Secti~n 4986 of the Revenue and Taxatim Code. This cancel- lation was ordered by the Honorable ~oard of Super- visors April 1, 1969 by Authorization No. 09674. Very truly yours, MARK H. BLOODGOOD, Auditor-Ct"ntroller {j( By J. R. Passarella, Chief Tax Division JRP/EMP!ejd