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HomeMy WebLinkAboutD-1747 . <, ; / ~ 1_\ 'J . ;~ . :;-- t.. It CERTIFICATE OF ACCEPTANCE ~ ~ 04619 ~ G 341 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 28, 1969 , from or executed by Walter H. Angel and Ethel Angel , 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 authorized officers. ~L , CityManae The document thus described is hereby ~ //:~ City Engineer l\:) CJ1 c:..J approved as to form. ~~ .. City A Y " \!CITY of" ARCADIA ,. AND WHI!N RIltCORDI!:D MAIL TO I Nam. City of Arcadia SIr..' P.O. Box Addr.., City & 1006 Slat. L MAil TAl( STATEMENTS TO I Nome City of Arcadia Str.., -'dd,." City & Sial. L D ~ U4b I ~ r Ij j4U ' RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNlY, CALIF. FOR TITLE INSURANCE & TRUST CO. JAN 29 1970 AT 8 A.M. RAY E. LEE, Registrar-Recorder I .J SPACE ABOVE THIS LINE FOR RECORDER'S USE I .J Grant Deed D.T.T.$ I FRES'J:-El TO 40~ CA (9.68) THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDERATION, re~~ipt of which is hereby acknowledged, WALTER H. ANGEL and ETIlEL ANGEL , " hereby GRANT(K) to the CITY OF ARCADIA, a Municipal Corp the following described real property in the County of Los Angeles City of Arcadia, , State of California: OFFICI}~ BUSINESS Document Entitled to Free Reoord! Gov, Code Sec. 6103 Those portions of Lot 19 and 20 in Block 79 of the Arcadia Santa Anita Tract, in the City of Arcadi~, County of Los Angeles, State of California, as per map recorded in Book ,is, Pages 89 and 90 of Miscellaneous Records of said County, described as follows: Beginning at the southeast corner of said Lot 19; thence northerly along the easterly lines of said Lots 19 and 20 to the northeast corner of said Lot 20; thence westerly along the northerly line of said Lot 20 to the westerly line of the easterly 20.00 feet of said Lot 20; thence southerly along said westerly line to the southerly line of the northerly 16.00 feet of said Lot. 20; said point being the beginning of a tangent curve. concave easterly having ~ radius of 540.00 feet; thence southerly along said curve 95.74 feet :1:0 the southerly line of said Lot 19; thence along last mentioned southerly line 11.75' feet to the point of beginning. ~i~ >- >- OJ => w &J 1:: G S ~ - u ---;';~:r.l;"'vT:~i; (;N ;-'U!.:. \/X.t:: ('IF i'c:C:-::::~~Y C;::~NEYE::> z o ;::: "- 0:. U '" UJ o f --.-.---,.---..-,---... . D.~i;ur.I:::;r'-.~.RY TI;:H:'1f"ER T:..x l';.....,~.... .................._.........._._ Dated )icv, ~r: , /9(,;'1 -O!~ ,2,.:.~~~'liJ P;:1 ~VJ F!!: L V."LU~ :"E~!2 U~:-.!~, I:ND ~ E~~C~;,.:51~....\:~::-:~ F.;::~.1.\ii<!:"jG AT 1 ::.~C: 0:: f"....U::. d~ 'r~q..., b~''''''1;i;'''':'; ~""':d T:o'F'''l Cn~n"'!1" , '.'.' .... ~ f ...,..., "...". 'll.~ .....I.l-'~. j Sianilture oi O:;cinront o. Agcni: ~f:;:e!!'-'1:n:n3 tax. Firm Nama IUJ;.~ /ff ~~ za-Lalt~ ge Eth~ Ang~ ~ " STATE OF CALIFORNIA } COUNTY OF LOS ANGELES SS. On M-tr,.;l Jj I '/ (, Y before me, the under. !iigned, a Notary Public in and for !iaid Stale. per~onally appeart'd Walter H. Angel and Ethel Angel ., ,. . known to me 10 be the person~whose name S are subscribed 10 the wilhin instrument and a?knowledged lhal They executed the same. WITNESS my hand and official seal. S;gnature ~ )rJ.-(.~~ NOR,.\ HIGGINS ' - cr i/ . , My Commis~ion Expire:; July lO! 197..0 Name (Typed or Printed) 1 'I . NOR,~ HIGGINS it ;l~~':;!~r,:;; NOTAR( rUDUC . CALIFORNIA ~~'":: PRIN:IPAL OFFICE IN:J COUNTY OF LOS ANGELES ~~J;1X:.~:.ec- .. '~i IC AGENCY, NO TAX STATEMENT" l\: <:l1 ~ " ,\ (Thl~ area for Oml'la! notarllll seal) . Title Order No. Escrow or Loan No. MAIL TAX STATEMENTS AS DIRECTED ABOVE -' ,~ ,,- .~ . ," -~. GRANT DEED GRANT DEED --~- --- - - -Title-I-nsurance- - -- -~Title-I-nsurance- and and Trust Company Trust Company COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL .' G. <i'- - ..."-. ". .~ ... ,.. "..'!> ,,:..~ , , ..- :. . ' MARK H. BLOODGOOD AUDITOR.CONTROI.,I..ER COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR-CONTROLLER 153 HALL OF ADMINISTRATION LOS ANGELES. CALIFORNIA 90012 ROBERT A. GILL CHIEF OEPUTY 625-3611 J. R. PASSARELLA, CHIa:F, TAX DIVISION August 26, 1970 RECEiVED AUG 28 1970 City of Arcadia 240 West Huntington Drive Arcadia, California 91006 Attn: Robert D. Ogle City Attorney Re: Second Avenue Widening Pore Lots 19 and 20 Block 79 Arcadia Santa Anita Tract Walter H. and Ethel Angel, grantors CITY OF ARCADIA CITY AlTORNEY Gentlemen: Pursuant to your letter dated February 9, 1970, taxes have been cancelled in accordance with Section 4986 of the Revenue and Taxation Code. This cancel- lation was ordered by the Honorable Board of Super- visors March 3, 1970 by Authorization No. 14630. Very truly yours, MAR~BLOODGOOD, Auditor-Controller By J. R. Passarella, Chief Tax Division JRP/E.MP/tc DON W. HAGE MAYOR City of Arcadia C. ROBERT ARTH "'AYOR PRO TEIoII EDWARD L. BUTTERWORTH ROBERT J. CONSIDINE JAMES R. HELMS, JR. ~ 240 WEST HUNTINGTON DRIVE ARCADIA, CALIFORNIA LYMAN H. COZAD CITY IoIIANAOER CHRISTINE VAN MAANEN CITV CLERK Fcbru.a~y 9, 1970 r.:.r. John R. PauscTel1c" Audi tOl:'-Cont2"o11oI' SOO West Temple Street. Roo~ 153 Loa j~~JloG, Ca11rOTn~G 90012 Attontion: E1oc.nor ParkoT, 'l'mc Cancollation Section Subjoct: Roquoot fOT Cancellation of Taxss Waltor. U. ~n3el and Etho~ ~~301 Socond Avonuo Widenil~ Doar r.1r. PC3sarolle.: 2:>100,30 cG..ucul CexDS on tho plOp;.lrty doocribod in the cncloooc.1 copy of dood ac of tl10 date of' rocording. Very truly yours, ROBEH':i' D. OGLE City AttoZ'noy RDO/ltd Enclosu;:o ~ MAILING ADDRESSES CITY HALL P. O. BOX 80 91008 LIBRARY 20 W, DUARTE ROAD 91008 POLICE DEPARTMENT P.O, BOX 80 91008 FIRE DEPARTMENT 710 S. SANTA ANITA AVE. 91008 TELEPHONES 448..4471 . 881-0276 448.7111 447.2121 448.2128 VlftY""'" TO 1012 Fe (7-bS). ClIlifornia lllnd Title Auocilltion Stalldllrd Coverage 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 tide 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 fcom coverage in Schedule B or in the Conditions and Stipulations; or 2. Unmarketahility 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 mongage, at the date hereof, of any lien .or encumbrance not shown or referred to in Schedule B, or excluded fcom coverage in the ConditIOns and StipulatIOns, said mortgage being shown in Schedule B in the order of its priority; . """"""""" all subject, howevei?,to the provISIons of Schedules A, Band C and to the Conditions and Stipulation~ hereto annexed~":.~CE AND 1'~~\'\111 - ^r 0000000 ~... I ff '>.... 000':t.E. IS PI/Oooo r I, ~ ~ 0 ~O {I~~t l'~.o..... <' I ::r ~ 00;y ."~~1lE^~ln' Wo,tnesscWhereoj, Title Insurance and Trust Company has caused its I;t! -....; 0,- 0). ~..(l -(f'< 0 4 fJ . . ~ I.4.J o~~ cOfPorate'name and seal to be hereunto affixed by Its duly authOrized officers 'J ...J 0.. ( -""h' \"d '::h"O'/' S h dui A ~ g ~ "'-"Z on t,_e__!l,t~l~ g.wn/tn c e e . %!::o-~.. $.d" '~ OZ~ ~ l- 'i, :/,iil;_ (' . l.Th -=;; "'<' ~ ~ 0 " ';\\' ~~~. . -f CJ g ;:; Title Insurance and Trust Company ~/) -{< 001-", -::!-~~ ,~:<:)\o }} :: rill <Ooot~i,;~~--,~-G\l~;oo ~',ff 1'1 0' -4 00000000 'V"i--'V..::- '\" JVGELES, .$' \\\\'\'\"~,~ by )v~~ PRESIDENT Attest ~H-~ SECRETARY CONDITIONS AND STIPULATIONS 1. DEFINITION OF TERMS The followmg terms when used in this policy mean: (a) "land": the land descrIbed. specific- ally or by rden:,nce, 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 nmice which may be imputed to the Insured by reason of any publIc lecords; (d) "date": the effective date; (e) "mortgage": mortgage, deed of trust, trust deed, or other security instrument; and (f) "msured": the party or parties named as Insured, and if the owner of [he in- dehtedness secured by a mortgage shown in Schedule B is named as. an Insured in Schedule A. the Insured shall include (I) 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- suter or guaranror 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 orher 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 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 follow 109: (a) Any law, ordinance Dr governmental regulatiDn (including but not limited to building and zoning Drdinances) restricting or regulating or prohibiting the occupancy, use Dr enjoymeor of the land, or regulatmg the character, dimensiDns, 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 lot or parcel of land. (h) Governmental rights'of police power or eminent domain unless norice of the eXCfClse of such rights appears in the public re(ords 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 Dn which such land abut.., or the right to maintain therem vaults, tunnels. ramp~ or any other structure or improvemeor; or any rights or easements therein unless {his policy specific- ally provides that such properly. 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 riFhts of abutting owners for access to Dne of such streets or highways. unless otherwise excepted or excluded herem. (d) Defects, liens, encumbrances. ad\'erse claims against the title as insured Dr other matters (1) created, suffered. assumed ur agreed tD 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 interest insured by thiS policy and not shDwn by the public records, unless disclo~ure thereof in writing by the Insured shall have been made to the Com- pany pnor to the date of this policy; or (3) resulting 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 against a foreclosure Dr sale of the mDrt. gage and indebtedness covered by this pDlicy or a sale of the estate or interest in said land; or (2) for such action as may be appropriate to establish (he title of the estate or interest or the lien Df the mort- gage as msured, which lItigation or actiDn in any of such events is founded upon an alleged. defect, hen 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 the title of the estate Dr in- terest Dr lien of the mortgage as insured, or which might cause lDss or damage for which the Company shall or may be liable by virtue of this polity. or if the Insured shall in good faith contract to sell the in- debtedness secured br a murtgage co\'ered by this pohcy, or, i an Insured in gODd 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 m 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 tD the Company withm ten days of the receIpt of process or plead- ings or if the Insured shall not, in writing, promptly notify the CompJny of any de- fect. lien or encumbrance insured ag,linst which shall come to {he knowledj::e of the Insured, or if the Insured shall nOlo in writing. promptly notify the Company of any such rejection by reason of claImed un- marketability of title. then all liability of the CDmpany in regard to the subject matter of ~uch .Icnon, proceeding or matter shall cease and telminate; provided. however, that failure to notify shall in no case prejudice the claim of any Insured unless the Company shall be actually prejudiced by such fadure 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 Dr the lien of the mort- gage as IOsured; and the Company may take any appropnate aCtion under the terms of this pDlicy whether or not It shall be hable thereunder and shall not thereby concede hability or waive any provision of this policy. (d) In all cases where this policy per- mits Dr reqUIres the Company to prosecute or provide for the defense of any action or proceeding. the Insuled shall secure to it the right to so prosecute or provide de- fense in such action or proceeding, and all appeals therein. and permit it to use, at its option, the name of rhe Insured for such purpose, Whenever requested. by the Com- pany the Insured shall gIve the Company aU reasonable aid in any such action or proceeding, in effecting settlemem, securing evidence, Dbtaining witnesses. or proseCu. ting or defending sllch action or proceed- ing. and the Company shall reimburse the Insured for any expense so IOcurred. 5. NOTICE OF LOSS - LIMITATION OF ACTION In addition to the nDtices required under paragraph 4(b), a statement in writing of any IDss or damage for which it is claimed the Company is hable 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 shaH be had by the Insured under this pDlicy unless action shall be commenced thereDn within five year.. after expiration of said thirty day period. Failure to furnish such statement of loss or damage. or to commence such anion within the time hereinbefore specified, shall be a con- clusive bar against malOtenance by the In- suted of any anion under this policy. 6. OPTION TO PAY, SETTlE OR COMPRO- MISE CLAIMS The Company shall have the optlon to payor settle Dr 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 mdebtedm."s, secured by a mortgage covered hy this policy, the CDmpany shall have the option to purchase said indebtedness; such pur- chrise, payment or tender of payment of (Conditions and Stipulations Continued and Concluded on Lost Page of This Policy) TO 1012-1 AB C California Land Title Auaclotlon $tandcud Cowroge PoIlcy-l963 SCHEDULE A Premium $i70."v Amount $ 2, 000 . 00 Effective Date January 29, 1970 at 8:00 a.m. INSURED Policy No. 69 42 775 THE CITY OF ARCADIA, a municipal corporation Re: Second Ave. Right-of Way Acquisition - Job 349 Parcel # 3 1. Title to the estate or interest covered by this policy at the date hereof is vested in: THE CITY OF ARCADIA, a municipal corporation 2. The estate or interest in the land described or referred to in Schedule C coyered 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 Qssessments which are not shown as existing liens by the records of any taring authority that levies tax~s 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. +. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which 8 correct sun-ey 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. 80 TO 1012-18 Cont. C CalifornIa Land nuo "uoelatlon Standard Coyorag. Pollcy-1963 SCHEDULE B- (Continued) Superior Court, Los Angeles County December 12, 1969 City of Arcadia, a municipal corporation vs. Ethel Angel, et al. NEC 9079 to condemn the fee simple title to said property for the use of a public right of way Parcel 6 1. General and special year 1969-1970. Second Installment 2. An action in the Commenced Entitled Case No. Nature of Action Affects Notice of the pendency of Recorded PART II county and city taxes for the fiscal $289.25 Parcel No. 5773-7-14 Those portions of Lot 19 and 20 in Block 79 of Arcadia Santa Anita Tract, as per map recorded in book 15, pages 89 and 90 of Miscellaneous Records, in the office of the Los Angeles County Recorder, described as follows: Beginning at the southeast corner of said lot 19; thence northerly along the easterly lines of said lots 19 and 20 to the northeast corner of said lot 20; thence westerly along the northerly line of said lot 20 to the westerly line of the easterly 20.00 feet of said lot 20; thence southerly along said westerly line to the southerly line of the northerly 16.00 feet of said lot 20; said point being the beginning of a tangent curve concave easterly having a radius of 540.00 feet; thence southerly along said curve 95.74 feet to the southerly line of said lot 19; th'ence along last mentioned southerly line 11.75 feet to the poin~ of beginning. said action was January 7, 1970 in Official Records book M-3383 page 953, TO IOI2-1-1056-IC C American Land TUIe AuocIal1on Laan Policy Additional Cowrav--1962 0' Callfomla Land Tlt'- Auoclatlon Standard Coverago Pollcy-1963 SCHEDULE C The hmd referred to in this policy is situated in the county of Los Angeles, state of California, and is described as follows; Those portions of lot 19 and 20 in block 79 of the Arcadia Santa Anita Tract, in the city of Arcadia, county of Los Angeles, state of California, as per map recorded in book 15 pages 89 and 90 of Miscellaneous Records of said county, described as follows: ' Beginning at the Southeast corner of said -lot 19; thence Northerly along the Easterly lines of said lots 19 arid 20 to the Northeast corner of said lot 20; thence Westerly along the Northerly line of said lot 20 to the Westerly line of the Easterly 20.00 ~eet of said lot 20; thence Southerly along said Westerly line to the Southerly line of the Northerly 16.00 feet of said lot 20; said point being the beginning of a tangent curve concave Easterly having a radius of 540.00 feet; thence Southerly along said curve 95.74 feet to the Southerly line of said lot 19; thence easterly along last mentioned Southerly line 11.75 feet to the point of beginning. . ';j-P~} . ALTA OR STANDARD COVERAGE INDORSEMENT AlTACHED TO POLICY NO. 69 42 775 ISSUED BY Title Insurance and Trust Company The following exclusion from coverage under this policy IS added to Paragraph 3 of the Conditions and Stipulations: "Consumer credit protection, truth in lending or similar law," The total liability of the Company under said policy and any indorsements therein shall not exceed, in the aggregate, the face amount of said policy and costs which the Company is obligated under the conditions and stipulations thereof to pay. This indorsement is made a part of said policy and is subject to the schedules, conditions and stipulations therein, except as modified by the provisions hereof. ~,"''''-\..\..\\\\ ff ~CE AND r~d\\11 - ^ ~ 0000000 ~ I, : _'-~ oo~,~ IS Pl10000 r " -,~ 0 0" 1: 0 ~ , ~ .;;:," o~. '<' ,';Ji&~', ~('",oo "'" IJ ~ "" 0.>Y' '. ~o,::? 'J ;,! ...... ~~. ill} . '(:) 0 ;p 'J "1410 _ . . o-o,~ ~-,o:.' / \\ ~)>~ ~~o ~ oz~ ~ ;:: ~ '::,.. .' Ii -g"'(' ~ 'I/, 0'. ><;, iP. )" '-0 ;.! ~ -{< 0 'f~\\~"-,- .:~o )} ~ () 00 <" "<-" . ,. ,: '> 00 ;.; 'I, 0 ~ .-.--''--.- .,..~o ,_ ~ 'I <'<:> Oo~1:A.;:E ',s G\\OOO ,,': III '$-4 00000000 c~'V E \\\ NGELES, $' \\\\\\..'\.'-,,"-'-~ Title Insurance and Trust Company By ~N/~ SECRETARY BO ..'''' . blocks nand 79 AQCADIA II I \~ P.C:.RY. 60 &l 36 T ~ t .50 50 50- .50 50 50- -50, 50 50r '50- 50 c;,/45\21 Cl 3~1 3b "\ 1 '<) , 4'j 35 I ::J 33 31 2' '28 27 26.25 24 28 22 \ :g ~ 51 \ ~o I Cl ~ 2q~ 4 1 I ..,. ~ ~14519\ ~ \ ~ 3 )4~ ~ 50 50. 50 50 50 50 50 50. 50 50 ~ L....--> I I T .A I I I <:) ~ 3 /45 ~ 50 50' 50 50 50 fo ~ 50 50 51 50 50 ~/45 181 ~ ) ~ I Cl ~ 2 141; :g -- ~ ~ 17/ ~ 4 5 6 1 8 !} 10 II 12 131 14 15 (7) I Cl , ~ 138,3 '" 50 50. 50 50 50 50 50. 50 50 50 50 50 ~/45/~ ~ ~ ~ J \ ~ ~ST. / , SANrA Cl:A/JA C) S,PIJ./J. \ I I . ,I{) 1/4./30 -50--50- -50- 50. 50 50 50 50 50 50 50 <:)14518/ Cl '<>/ Io". '<> / 23 22 21 20 19/ ~~)17 ~ ~ /Cl ".'? ~,\-/ ~ r ~'<) h ,,~ 11) '<) S .~ '<i l.J c::: ~ <t) Cl 80 '<> 60 /0 Cl Cl \0 \C 'I i,@ This is not a survey of the land but is compiled for information by the Title Insurance and Tru.sf Company from data shown 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 obligated hereunder to pay, shall terminate all liability of the ClIrnpanr hereunder. In the event. after nOlice 0 claim has been given 10 the Com. pany by the Insured, the Company offers to purchase said indebtedness, the owner of such indebtedness shall transfer and assign .~,liJ indebtednes.~ and the mortgage securing the same to the Compan}' 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 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 IOsured against by this policy. .111 co:>ts 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 rhe Insured with the written 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, hen 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 wirhout written consent of the Cumpany. or (3) in the event the title is rejecred a~ unmarketable because of a defect. hen or encumbrance not excepted or excluded in this policy, 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 se('ured by a mort~age shown in Schedule B IS an Insured herein then such payments shall not reduce pro tanto the amount of rhe insuranCe afforded hereunder as to such Insured. except to the extent rhat such payments reduce the amount of the indebtedness secured 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 ..hall 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 wuh the condition.. of this policy the loss or damage shall be pa}'- ahle wirhlO thirty days thereaftet. 8. LIABILITY NONCUMULATIVE It is expressly understood that the amount of this policy is reduced by any amount the Company may pay under any policy insuring the validity or priority of any mortgage shown or referred to in Schedule B hereof or any mortgage here- after executed by the Insured which is a charge or lien on the estate or iOlerest described or referred to in Schedule A, and the amounr so paid shall he deemed a pay- ment to the Insured under rhis policy. The provisions of Ihis paragraph numbered 8 ~hall 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 JOteresr in satisfaction of said indebtedness or any part thereof. 9. SUBROGATION UPON PAYMENT OR SETTLEMENT Whenever the Company shall have serded a claim under thiS POlICY, all right of sub- rogarion 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 rhis policy not been issued. If the payment does not cover the loss of the Insured. the Company ,hall be subrogated to such rights and remedies in the proportion whi('h said pay- ment bears to the amoum of said loss, If I()~... should resulr from :tny act of the In- sured. such act shall not void this pulicy. but the Comp:IOY. in that event. shall be required to pay only th,u part of any losses IOsured altalnst hereunder which shall ex. ceed the 'amount. if .Iny, lost 10 the Com- pany by reason of the impairment of the right of subrogation. The Insured, if reo quested by the Company, shOll] transfer to the Company all rights and remedies against any person or property nCt.essary in order to perfect such right of subrogatIOn, and shall permit the Company to use the name of the Insured in any Itansacrion 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 lmured may release or substitute rhe personal liability of any debtor or guarantor. or extend or otherwise modify the leems of payment, or releas,' a portIOn of the estate or interest from the lien of the mortgage. or release any col- lateral security for the indehtednes~. pro. vided such act doe:> nOl resuh in any loss of priotity of the lien of the mortga~e, 10_ POLICY ENTIRE CONTRACT Any anion or actions or rights of action that the Insured may have or Illay brin~ against the Company ari..lOg oul of the starus of the lien of the mortgage coveted by rhis policy or the tille of the estate or interest insured herein must be based un the provisions of this policy. No provision or condition of thiS policy can be waived or changed except by writing endorsed herenn or attached hereto signed by the President, a Vice President. th,. Secretary, an Assistant Secretary or other \'.llidating officer of the Company. 11. NOTICES, WHERE SENT All notices required to be given the Com- pany and any statement in wriling required to be furnished the Company shall he ad. dressed to it at the office which issued this policy or It> ItS Home Office. 433 South Spring Street, Los Angeles 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