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I \,,-:4- . , ~ .'. -, CERTIFICATE OF ACCEPTANCE ~K D4649PG 43 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 25, 1969 , from or executed by Richard Del Castillo , 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. ,,:? ~ The City cument thus described is hereby approved ~ ~ l/~E:;~ as to form: ~ ~ l;l.TY U~' ARCADIA , , "'" fr'u '= ""'" c= ~ en ~ c.o -= CJ AND WHl!:N RECORDED MAIL TO RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY. CALIF. FOR TITLE INSURANCE & TRUST CO. 1970 AT 8 A.M. MAR 5, Name I City" Clerk I RAY E. LEE, Registrar-Recorder P.O. Box 60 Stro.t Addrou , City & Sial. I ~ I FREE..z./' G I ~ N Arcadia, Calif. L \ 91006 SPACE ABOVE THIS LINE FOR RECORDER'S USE MAIL lAx 5TAU/l\[NTS TO Noml. I City of Arcadia I D~UMENTA~Y TRANSFER TAX $ . -..-""!- -=--COi'lir\JTEiJ ON FULL VALUE OF PROPERTY CONVEYED -O'R ::Oif.P~JTED ON FULL \"^LIJE lESS LIENS AND Er~CUM Ai'ol;E::i REMAiNING /I.T TItAE OF SALE. ~ - /iI<. Title lnsurf:nce and Trust Cnm-; ,~ ~n:.tt:{e 'cr Doclarant 'o~ Agen~ determining tax. Finn Name Str..' J D Add.... ~ ~ ~ City & ""'L~~~&~. FFICIAt BUSINESS '~G~~~nt Int1t1ed to Free Recording CO? Code Seo. 6103 .J Grant Deed AFFIX I.R,S, S m.....n...______..u__ ABOVE TO 4015 C (8.67) THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDER A TION, receipt of which is hereby acknowledged. RICHARD DEL CASTILLO " hereby GRANT(S) to the CITY OF ARCADIA, a Municipal Corporation, Ihe following described real property in the City of Arcadia County of Los Angeles ,Stale of California: I That portion ~f Lot 21 in Block 79 of Ar<;adia Santa.Anita Tract" in th~ City ?f Arcadia, ~ \~ County of Los Angeles, State of Californ~a, as per map recorded in Book' 15, Pages 89 ~ and 90 of Miscellaneous Records, in the office of the County Recorder of said County, r ~ '" described as follows: '" I Z ~ i:: '" ,.. u UJ n: :r: S: u. Beginning at the northeast corner of said Lot 21; thence southerly along the easterly line of said lot to the southeast corner thereof; thence westerly to the westerly line of th'e easterly 20.00 feet of said Lot 21; thence northerly along said westerly line z 35.00, feet to the beginning of a tangent curve, concave southwesterly having a radius 5? of 15.00 feet and a length of 23.56 feet, said curve also being tangent at its northerly~ : terminus with the northerly line of said Lot 21; thence northerly along said curve to ~ u' said northerly line; thence easterly along said' northerly line 35.00 feet to the point ~' of beginning. 0' Dated x,). .;(;5- Ire '1 I ' ~,10 ~M Richar De ast~ 0 '. STATE OF CALIFORNIA ~~UN,)? ~~/, ~~;3/tt'F; signed. a Notary Public in and for said Richard Del Castillo }SS, before me, the uncler- State, personally appeared ./ to be the person_whose nam" instrument B.nd acknowledged that WITNESS my hand Ilnd official scal. ~~ is he known to me subscrihed to the within / executed the same, .:~ " A'~' OFFICIAL SEAL <:f....~t"" . '-~~ FLORENCE E. NEERGARD ':"? ~'} NOTARY PUBLIC. CALIfORNIA ~~~ LOS ANGELES COUNTY C''''t,~o~''\' /" MyCommission Expires Mar. 4, 1972 N ~ ,,,j Signature , " Name (Typed or Printed) P. O. Box 60, ArcadIa, Calif. .... (This .lea fO! Qfllclal notllrlallll!&l) Title Order No. Escrow or Loan No. . MAIL TAX STATEMENTS AS DIRECTED ABOVE , GRANT DEED > TitIe_Ins_uranc_e_~_ ~ and ' Trust Company COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL J GRANT DEED Title_Insurance and Trust Company COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL . -. . ... ..'" --~ ~ - . ..,. l1li - ,. ) ~ -;> - :.g .': . . . . . . MARK H. BLOODGOOD AUDITOR.CONTROLLER COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR-CONTROLLER 153 HALL OF ADMINISTRATION LOS ANGELES. CALIFORNIA 90012 625-361 1 December 8, 1970 City of Arcadia P.o. Box 60 Arcadia, California 91006 Attn: Robt. D. Ogle City Attorney Re: Portion of Lot 21 Block 79 Arcadia Santa Anita Tract acquired from Richard Del Castillo Gentlemen: PurSllant to your letter dated March 23, 1970, ROBERT A. GILL CHIEF DEPUTY J R. PASSARELLA, CHIEF. TAX DIVISION ;-tECEiVED D~C : /1 i970 CITY OF ARCJ\OI.4 CJTY J\.TTORNEY taxes have been cancelled in accordance with Section 4936 of the Revenue and Taxation Code. This cancel-' lation wa3 ordered by the Honorable Board of Super- visors Nov. 25, 1970 by Authorization No. 15162. Very truly yours, l~BL Auditor-Controller By J. R. Passarella, Chief Tax Division JRP/EMP/tc , ". . 1,1o.rch 23. 1970 Mr. John R. Passarella. Auditor-Controller 500 ~est Temple Street. Room 153 Los Angeles. California. 90012 Attention: Eleanor Parker. Tax Cancellation Section Subject: Request for Cancellation of Taxes Richard Del Castillo Dear Mr. Passarella.: Please cancel taxes on the property described in the enclosed copy of deed as of the da.te of recording. Very truly yours. ROBERT D. OGLE City Attorney RDO: kd Enclosure '- Escrow or Loan No. RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY, CALIF: FOR TITLE INSURANCE & TRUST CO. MAR 5 1970 AT 8 A.M. When Recorded Mail to: CV1, it {LdJ t1A N~ OF ICIAL BUSINESS Document Entitled to Free Recording Gov. Ccde Sec. 6103 RAY E. LEE, Registrar-Recorder [;l]EE $2- G THis NECESSARY IN CHAIN OF IlILE (dr 4') rl ~ WFlliREAS, HANNA REALTY CORPORATION, a California Corporation, as Trustee, or Succe,sl!ror Trusteo, or Substituted Trustee, under the Deed of Trust dated June 2 , 1966 , made by RICHARD DEL CAS~ItLO, a mR~~ied mRn, Trustor(s), and recor e as Document No. ~61 on ~nnE} :'1 19 66 ,in Book TI)002 , Page Ul , 0 Official Recor s ~n the office of the County Recorder of Los Angeles County, State of California, has received from the Beneficiary thereunder-a written request to execute a partial reconvey~~ce as provided in said Deed of Trust and is authorized to convey the real property hereinafter described, conveyed to it by said Deed of Trust; /' :> PARTIAL RECONVEYANCE (Space Above this line for Recorder's Use) 88-113545 NOW, TfffiREFORE, in accordance with said request and the provisions of said Deed of Trust, said HAffi,A REALTY CORPORATION, as Trustee, or Successor Trustee, or Substituted Trustee, does hereby reconvey without warranty to the PERSON or PERSONS LEGALLY ENTITLED TIT~RETO, all of the estate and interest derived by it through or under said Deed of Trust in and to the following described portion of the premises therein described, to-wit; That portion of Lot 21 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 Northeast corner of said Lot 21; thence Southerly along the Easterly line of said lot to the Southeast corner thereof; thence Westerly to the Westerly line of the Easterly 20.00 feet of said Lot 21; thence Northerly along said Westerly line 35.00 feet to the beginning of a tangent curve, concave Southwesterly having a radius of 15.00 feet and a length of 23.56 feet, said curve also being tangent at its Northerly terminus with the Northerly line of said Lot 21; thence Northerly along said curve to said Northerly line; thence Easterly along said Northerly line 35.00 feet to the point of beginning. HI \VITIIESS \'lHEREOF, HANNA REALTY CORPORATION, as such Trustee, has caused its corporate n~~e and seal to be hereto affixed by its Secretary, thereunto duly authorized. . ..\.1.....,' I~ f., t. ,~, ."7J, Date,d: .f.eRruarY 3, 1970 ~.. ~ .... .;..../,~;.. :; ~ ,/" ~'(' ". ~~;'. =-~: _ r.'\ 0 ',<r'o: (SEAJ~J t~. " {: ~"'-:':. . Jf:l .. ' y. -.;: ... ,; .... :. \' . 0:: i ~ ~ .... _ )~: r-;.: j ~C'.. .....: f".:- . ~... "..1 )'1,' ."t. ..... ~ "'9 ...... '.,' '-...... ,'" t. h'O' .n"lt., , STATt~9~oGo~~f.ORNIA' ) "'haUl"" . ) S8 coun~7-o~~Lb5~Angeie~ ) HANNA REALTY CORPORATION As Such Trustee BY~ Beverley Steele, ~ Secretary , On the 3 day of Februar~ ' 19 7~ ' before me, the undersigned, a Notary Public in and 'or said Sta e, personally appeared ~everley Steele , known to me to be the Secre ary of Hanna Realty Corporation, the corporation that executed the foregoing instrument as such Trustee, known to me to be the person who executed said, instrument on behalf of the corporation therein named, and acknowledged to me that such corporation executed the same as such Trustee~ WIT~~SS my hand and official seal. ,(SEAL) OFFICIAL SEAL ROBERT A. SCOTT NOTARY PUBLIC-CALIFORNIA LOS ANGELES COUNTY MyCOffir:1lSsion Expires May 3.1973 315 West WAth $t... Ste.. 407.. Los An;;:clc" C~i1. 900.J,' Q"'/J4- ~ 1:8 Name (typed or pr~nted) NOTARY PUBLIC in and for said state TO 1012 FG-OP 17-68) California lond itle Auociotion Standard Coverage Policy Form Copyright 196] 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 parries 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 che Condicions and Scipulacions hereof, which che Insured shall suscain by reason of: 1. Any defect in or lien or encumbrance on [he title to the estate or interest covered hereby in the land described or referred to in Schedule C, existing at the dale hereof, not shown or referred to in Schedule B or excluded from coverage in Schedule B or in the Conditions and Stipulations; or 2. Unmarketabilil}' of such title; or 3. Any defect in (he 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 (he estate or interest referred lO 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, how~~~1~))~)~s)<iP.s of Schedules A, Band C and to the Conditions and Stipulation> hereto annexe!!?"" ...\,\CE AND r~""\\.l - ~r 0000000 05',.. I $' ~ Oo~~t IS PRo~oo ' I, ~ 00 00 ~ .....". W;"".on <:>w;j~ f ;..! ~ o.*' ",'" f.'Ctmli'ALTt~' tnessC t ereo J Title Insurance and Trust Company has caused its /Jt1! ....... 0 ,- q. 1'~'I=- <(f\ 0 ~ 'J ~ ... o~* cOrhnrat@na:neao'dsealtobehereuntoaffixedbyitsduly authorized officers f"j- ~ 'r~r\Y"'"",\Y'"'O~ ~ I-..J 00 " ~ lin1the"date "ShnWllIln Schedule A. ,.. 4E8. ~~",.. ~ ~ _ 0 _.' ~ ~ 0 Z % Z I- 00 :,r~' 'Fo __g ~ ~ rJ /!rI)1 . -0 Ii! 'I. ~ oo~ ",_~?_-'- ',- ~oo >} i:? ~ OO~~7-,,__-._, '.,.~~oo }f Title Insurance and Trust Company "1 <0 oo~lAiE IS GUooo {<.",: 111\ 05' -4NOooooooo ~;'rv.. .5 "") V~ /--.L1......... \\\ GELES, .$"' by T ~,4 /'~ \\\\"\,"~~-- PRESIDENT Attest ~l1-~ SCHEDULE B PART ONE 1. Taxes Of 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 nm 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 nm shown by the public records. 4. Discrepancies, conflicts in boundary lines, shonage in area, encroachments. or any other facts which a correct survey would disclose, and which are nOl shown by the public records. 5. Unpatented mining claims: reservations or exceptions in patents or in Acts amhorizing the issuance thereof; water righu. claims or tide to water. CONDITIONS AND STIPULATIONS 1. DEFINITION OF TERMS The following terms when used In Ihis policy mean. (a) "land": the land described. speuflC- ally or by rderem.e. ln'Schedule C and Improvements affu\t.J therew which by law constitute real property; (b) "public records" those records which imp.Ht constructive notice of mattels rdating to ~ajd land; (c) "knowledge": actual knowledge. not constructive knowledge or notice which may be imputed to the Insured by reason of any public tecords; (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 10- debtedness secured by a mongage shown 10 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 IOterest 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 guaranwr under an insurance con- tract or guaranly msuring or guaranteeinE: . ~ald indebtedne~s, or any part thereof, whetht:i named as an insured herein or not subject otherWise 10 the provisions hereo{ 2. BENEFITS AFTER .ACQUISITION ,OF TITLE If an insured owner of the Indebtednes~ secured by a mortgage described in Sched- ule B acquires said estate or mterest, or any part, thereof. by foreclosure, trustee's sale. or otht:r legal manner in satisfaction of said indebtedness, or any part thereof. or If a federal agency or imtrumentality acquires said estate or interest, or any part thereof, as a consequence of an imurance contract or guaranty insuring or guaranlee- ing the indebtedness secured by a mortgage cmered by rhi~ policy, or any part thereof. this policy sh.!1I continue in force in favor of ~uch Insured, agency or IOstrumental1ty. 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 ordmances) restricting or regulating or prohibiting the occupancy. use or enjoyment of the land, or regulating the character, dimensions. or location of ;lOy improvement now or hereafter erected on said land. or prohibiting a separation in ownership or a reduction in the dimensions (Jr area of any lor or parcel of land. (h) Governmental rights of police power or eminent domain unless notice of the l'xerci~e of such nghts appears 10 the public rewrds at the date hereof (c) Tide to any property beyond the lines of the land expressly described 10 Schedule C. or title to streets, roads, ave. nues, lanes, ways or waterways on which ~uch land abuts, or the rij:hl to rnainr.!in thereIn vaults. tunnels. ramp~ or anr other structure or improvement; or any rights or easemt'nts therem unless thIS policy spt'Clflc, ally provides that ~uch property. fights or east'ments are Insured. except that If the land abuts upon one 0\ more physic.llly open streets or highway~ tbi~ policy Insures the ordinary rights of abutting owners for access to 'one of such ~treets or highways, unless otherwise excepted ot excluded herein (d) Defects, hens, encumbranCt:~. adverse claims against the title as insured or ocher matters (1) created, suffered. as~umed ur agreed to by the Insured claiming loss or damage. or (2) known 10 thl' Insured Clnimam eIther at the date of this policy or at the date such Insured Claimant ac- qUired an estate or interest Insured by thl~ policy and not shown by the public records. unless di,sclo~ure thereof In writlO~ by the Insured shall have been made to tht' 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 (() the date hereof. (e) Loss or damage which wnuld not have been sustained if the Insured wert' a purchaser or encumbrancer for value wlth- 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 rhe defense of the Insured in all litigation consisting of actions or proceedings com- menced agalOst the Insured. or defenses, restraining orders, or injunctions interposed agalOsr a foreclosure or sale of the mort- gage and indebtedness covered by thiS policy or a sale of the estate or interest 10 said land; Dr (2) for such actIOn as may be appropriate to establish the title of the estate or Interest or the lien of the mort. gage as insured, which litigation or action 10 any of such events is founded upon an alleged Jefect, lien or encumbrance in- sured against by thiS policy, and may pur- sue any litifation to final determination in the Court 0 last resort. (b) In case any such action or proceed. ing. shall be begun, or defense !Oterposed, or !O case knowledge shaH 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 wr.ich the Company shall or may be hable by virtue of this polity. or if the Insured shall in good faith contract to sell the in- debtedness secured by d murtgage cu\'ered by this policy, or, If an Insured in good faith leases or contracts to sell. lease or mortgage rhe samt'o or If the successful bidder at a foreclosure ..ale under a mort- gage covered by thIS policy refuses to pur- chase and in any such event the title to said estate or interest is rejected as un- marketable, the Insured shall notify the Company thereof in wnting. If such notice shall not be given to the Company wlthlO ten days of the receipt of process or plead- ings or if the Insured shJ.ll not. in wnting. promptly notify the CompJ.ny of any de- fect. ilen or eocumbr.lnce insured ag:linsr which ..h.1I1 (llmt: to the knowledp;e of the Insured. or If the Insured sh.dl not. in writlO.~. promptly notify the Company of .IOY such lejectwn by reason of claimed un. market;lbduy of tlrle, then all liability of (Conditions and StIpulations Continued and Concluded on Lost Page of ThiS Policy) ....EIIIC..N L"ND TlTLIE ....OCI..T1QN LeI..N .-cILICY ..DQlTIQN"L CQVEII"OE - ,&&a QII C"LI"Q"N'" LANO TIT1.E ".IEOCI..TIQN .T..ND....D CQVE....OE .-cILICY - "'~ SCHEDULE A . PREMIUM : $40~00 .AMOUNT. : $2.000~00 'EFfECTIV~.DATE: MARCH,5. 1910 AT'8'A.M~ , POLICY"NUMBER :.6942114 INSURED :CITY,OF' ARCADIA. A,MUNICIPAL~CORPORATION. ',1': .. TITLE: TO: THE ESTATE OR: INTEREST, COVERED BY:.THIS POllCY..AT, THE : DATE, HEREOF: IS:VESTED: IN: ,CITY' ,OF ARCADIA.: A, MUNICIPAL"CORPORATlON. : , 2.' .; THE ESTATE OR: INTEREST: IN: THE". LAND"DESCRIBED OR REFERRED: TO: IN . SCHEDULE, C', COYERED..BY..THIS, POLICY:fIS A, FEE. 'SCHEDULE B ; THIS POLICY DOES NOT INSURE ,AGAINSr LOSS OR, DAMAGE, BY,:REASON OF : THE FOLLOWING: ' PART ONE All ,MATTERS SET: FORTH: IN, PARAGRAPHS NUMBERED', FTO, 5 INCLUSIVE ON : THE INSIDE. COYER ',SHEET: OF:,THIS POLICY':UNDER. THE HEADING SCHEDULE B , PART: ONE. PART: TWO 1. ,GENERAL :AND: SPECIAL. COUNTY,:AND CITY.:TAXES : FOR, THE: F1SCAL:.YEAR 196CJ,-1910 SECOND: INSTALLMENT: $224.09 6942114, PAGE".l ...MIUIICAN L"'ND TITLll .....OCI...TION LO"'N POLICV ADDITION"'L COVlllIAGll _ ,..a 011 C...LII'OIlNI... U."ID TITLll .....OCI...TION .T...ND...IID COVlllI...Oll POLICY _ I.." 'SCHEDULE,C : THE: LAND REFERRED: TO: IN:THIS'POLICY,~S'SITUATED: IN. THE COUNTY OF : LOS: ANGELES. STATE OF,CALIFORNIA.:AND' IS DESCRIBED: AS FOLLOWS: : THAT" PORTION OELOT, 21::IN. BLOCK. 19, OF, ARCADIA SANTA ANITA : TRACT. ': IN: THE. CITY ,OF: ARCADIA.' IN; THE. COUNTY OF: LOS' ANGELES. 'STATE, OF' CALIFORNIA,:'AS PER MAP RECORDED: IN BOOK 15. PAGES 89:AND 90 ,OF MISCELLANEOUS, RECORDS.: IN, THE OFFICE OF,JHE ,COUNTY:RECORDER OF:SAID,COUNTY. DESCRIBED,AS,FOLlOWS: BEGINNING'AT;THE,NORTHEAST;CORNER OF SAID: LOT 21;' THENCE . SOUTHERLY:,ALONG: THE EASTERLY'..LINE OF SAID, LOT: TO: THE SOUTHEAST: . CORNER, THEREOF;, THENCE WESTERLY::TO,:THE WESTERLY',:LINE OF ,THE EASTERlY..20.00 FEET OF SAID',LOT 21;: ,THENCE , NORTHERLY ALONG SAID WESTERLY:.LlNE, 35.00, FEET: TO', THE BEGINNING OF A: TANGENT; CURVE. ';CONCAVE SOUTHWESTERLY.HAVINGA,RADIUS OF: 15.00: FEET: AND: A: LENGTH OF 23.56 FEET. 'SAID,CURVEALSO ,BEING: TANGENT. ATiITS NORTHERLY:,TERMINUS: WITH: THE, NORTHERLY, 'LINE OF SAID: LOT,,21;: THENCE NORTHERLY ,ALONG' SAID, CURVE; TO 'SAID NORTHERLY::UNE;: THENCE EASTERLY.:ALONG SAID.,NORTHERLY. " LINE: 35.00: FEET, TO: THE POINT OF BEGINNING. ' .6942114'.PAGE,2: 15.69 ) ALTA OR STANDARD COVERAGE INDORSEMENT 6942774 ATIACHED TO POLICY NO, 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 amounl 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, ~.....'-""\."\.'\'\'\\\\ ~ ~CE AND i~~\\\1 - <> ~ 0000000 ~>. I, :- .::;,~ ooe~€. IS Pllo;oo ' I, ff ~ oo~ ~~u~~~~~~~~;(';oooc::, '11. ;.! .... 00;!' ." , <00",> ~ ~410 ""'" \ o-tl" ~ -I 0'6:3: ~~e \" ~)> ~ ~!::g~,. ~, !\ gz~ % l- ~ :/~,'~ i'J>. ' If, ,'Co: ~ ?;E ~ ;, O~'\'" "'.' ,WJ,~o >} ::; ,I. .,.. 0 'y^ "':""''''~ ,i,JiQ 0 "" 10" "'.....""'.,hO ~ j 0 <- '",,.--.,, ~~o ~ "I <0 Oo~l'J1iE IS G"ooo ~',: 'II ~ 4 00000000 C~'" .:- \\\\ NGELES, .s- \\\\'\'\."\.,,"-~ Title Insurance and Trust Company ~ 1<1/~ By SECRETARY blocks 770nd 79 AQCADIA ~ 80 10 o '" I j,J @ This is not a survey of the land but is compiled for information by the Tille Insurance and Trust Company from data shown by the officiat records. RON S.P.llR. ~ ~ ,,~ ~ 8 (~ ~ .J o '<) 60 C) I.C CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face) Ihe Company in re,gard 10 lhe subject matter of such olctlOn. proceeding or matter shall cease and terminate; provided, howl'ver. tlMt failure to notify shall in no case prejudice the claim of any Insured unle.~s Ihe Company shall he actually prejudICed by such failure and tben only to the extent of such prejudice. (c) The Company shall have the riglH at its own cost to institute and prosecute any actIOn or proceeding or do any other act WhlCh in its opinion m,lY be neceSS-lry or desirable to establish the tide of the e~tate or interesl Of the lien of the mort- gage as insured: and the Companr may tflke any appropri;u(' action under the tcrm.. of thiS policy whether or not It. shall be liable thereunder Hnd shall nm therehy concede ]iability or waive olny provision of this poticy. (d) In all cases where this policy per- mits or requires the Company to pro~ecute or provide for the defense of anr action or proceeding. Ihe Insured shall secure to it the right to SlI prosecutt' or provide de- fense in such action or proceeding, and .111 appeals therein, and permit It to use, at it~ uption, the n...me of ,he Insured for such purpose. Whenever rt'quested by the Com. pany the Insured shall give the Company all reasonable aid in any such dction or proceeding, in effet.ting seulement, securinJ:: evidence, obtaining wilOesses, or prosecu. ting or defending such action or proceed. ing, and the Company shall reimburse Iht' Insured (or any expctl".e so incurred, S. NOTICE OF lOSS - LIMITATION OF ACTION In addition to the notices requm:d under paragraph 4 (b), a statement 10 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 determmed. and no right of actIOn shall accrue to the Insured under this policy until thirty days after such statement shall have been furnished, and nO recovery shall be had by [he Insured under thIS policy unless action sh31l bt, commenced thereon within fIve year~ aftt'r expiratIOn of said thirty day penod. Failure to furnish such statement of loss or damage, or to commence such action within tht. time herelObefore specified, shall be a con- elusive 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 oplion to payor settle or compromise for or JIl the na~e of the Insured any claim insured agalOst or to pay [he full amount of this policy, or, in case loss is claimed undt'f thi... policy by the owner of tht' indehtc:dnes\ seCt.lred by a mortgage covert'd by this polICY, the Company shall have the option to purchase said indebtcdnt."ss; such pur. ctl<ise, payment or tendt'r of payment of dIe full amount of this policy, to~ether 'A i{h ,Ill COSts, attorneys' fees and expeme~ ,."hich the Company is obligated hereunder tn pay, shall terminalt" all liability of the Company hereunder. In the event after nmice of claim has been given to [h; Com. pany by Ihe Insured, the Company offers to purchase said indebtedness, the owner of such indebtedness shall transfer and assign '.lid indebtedness and the mortgage securing the same to the Company upon payment of the purchase pnce 7. PAYMENT OF LOSS (a) The liability of the Company under thi... policy shall in no case exceed, in all: the anunl loss of the Insured and COSIS and ,ltlOrneys' fees which the Company may be ubligated hereunder to pay. (b) The Company will pay, in addition to any loss in~ured against by tillS polino, J.IJ co:.ts imposed upon tht' Insured in lit.i. ~dtion carried on by the Company for the In~ured, and all CO~tS and dttorney~- fee... in litigation carned on by the Insured with the written authorization of the Company. (c) No claim for damages shall arise or be main tamable under this policy (1) d the Company, after having receIved notice uf an alleged defect, lien or encumbrance not excepted or excluded herem remove~ such defect. lien or encumbranct' wlthm a reasonable time 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 title is rejected a~ unmarketable because of a defect. lien or encumbrance not excepted or excluded III this policy, uncil there has been a final determirlanoo by a lourt of competent iuri~. diction su~taining such rejection. (d) All payments under this policy, ex. cept payments made for COStS, attornt'y'i' 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 ~uch payment unles~ the policy be lost or destroyed, in which case proof of such lo~~ or destruction ~hall be furnished to the sati~fani()n of the Com- pany; provided, however, If tht' owner of an IOdebtedne~s ~etufl.d by a mon,ga~e \hown III Schedule R J~ an Insured herein then such payments sb.lI] not reduce pro tanto the amount of lbe ill\urance affonh:d hereunder as to such In'iureJ, except to the extent thai such pdyment~ rt'duce the amount of the indebtednt'Ss SeCured by such mon- ~age. Payment m full by any person or voluntary satisfaction or release by the In. sUled of 3: mort,gage cnvered by this policy shall term mate .Ill ]iahillty of the Company 10 the insured owner of the indebtedness secured by such mongage, except as pm- vided in paragraph 2 hereof. (e) When liability has been defmitely fixed in accordance wiill the conditio"" of this policy the loss or damage shall be pay. ahle within thirty Jays thereafter, 8, LIABILITY NONCUMULATIVE It IS expressly underslOod that the amount of this policy is reduced by any am?uot. the, Company r~1JY pay under an}' pohcy iIlsuflng the validity or priority of any nwngage shown or rderred [0 in Schedule B hereof or any mongage here, after executed hy the Insured which i~ a charge or lien on the estate or inlere,t described or referred to in Schedule A, and the amount ~o paId sh.111 he deemed a pay. ment to rhe Insured under thiS policy. The provisions of thi" paragrdph numbered 8 ~hall not apply to an In\ured (lwner of an indehtedness ~eCured by a mortgage shown in Schedule B unless such Insured acquirl'~ title to said estate or intl'lest III satIsfaction of said indebtt'dness or any part thereof. 9. SUBROGATION UPON PAYMENT OR SEnLEMENT Whene\'er the Company shall have settled a claim under this policy, all right of :.ub. rogalinn shall vest in the Company un- affected by any act of the Insured. and it shall be subrogated to and bt' entItled to all rights and remedlcs which the Insured would have had ajtaimt ;lny perSon or prop. erty in respect to such claim had this policy not heen Is"ued, If the payment does not cover the loss of the Insured, the Company ..,hall be subrogated to such rights anJ remedies in the proportion which said pay- ment hears to {he amoum of ~aid lo~s. If lo'~ should re...ult from any act of lhe In. sured, ,uch aCI ..hall not "llid thi~ policy. hut the Comp.lOY. in that cvent. shall be requlrt'd to p.1Y pnly tholt pJ.rt of any ]osst:'s insured .H~;lln!'>t hl'teunder which shall ex. ceed the :Imount. if .my. lo~t to the Com. polnr by reason of the impairmem of the right of .'>uhrogation The Insured. if re- quesft'd by the Company. shall tr,\Osfer to the Company all rights and remedies against any person or property n('(essary in order to perfect ,uch Ilghl of ~ubrogati(ln. and shall permit thc Company to use the name of the Insured III any transaction or litigation invo]vinJ:: such right~ or remedies. If the I nsured is the owner of the in. debtt'dnes~ secured hy .1 mortgage covered hy thiS policy, such (mured may release or substitute Iht' !'er>;nod] liabi]ity of any dehtor or guarantor, or extend or ocherwist, modify the terms of pa)'melll. or releaSl' a portion of the estate or interest fmm the lit'n of the mortJ::age, or release any Col. laterdl security for the indehtednes~. pro. vided such act doe.~ not [esuh in any loss of prlOflty of the lien of the mOlfgage. 10, POLICY ENTIRE CONTRACT Any ;lCllOn or actions or right.. of action that the Insured may ha\'e or may bring .tgainst the Comp:\Il\' ari~inJ:: out o~ the .~tatus of the lien of'the molt,gage covered by this policy or tht, ,illt' of tht' e'itdle or interest insured herein must be hased on the provislon~ of this policy. No provlsl(Jn or condition of thl" policy l>ln he waived or chanJ.:cd except by writing endorsed hereon or attached hereto signed hy {he PreSident, a Vice President, the Secret.lfY, an Assistant Secretary or other \'olhdating ufflcer of the Company. 11. NOTICES. WHERE SENT All notices required to be given the Com. pany and any statement in writin~ required to bt' furOlshed the Company Sh,ll1 be ad. dressed to It a{ the office which i.'Isued thi~ pO]ICY or to lfS Home Office, 433 South Spring S[rt'et. Los AnJ.:e]es H. California. 12. THE PREMIUM SPECIFIED IN SCHEDULE A IS THE ENTIRE CHARGE FOR TITLE SEARCH, TITLE EXAMINATION AND TITLE INSURANCE. 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