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HomeMy WebLinkAboutD-1763 1~" f"".:\,' ,Tris_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 L........'"_o~ instrument dated September :1. 1970 , from or executed by Lawrence W. Johnson , 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 authoriz ,officers. I l" ~ CERTIFICATE OF ACCEPTANCE '~'BK 04844 n 99~J , ~ " ~ ~lI:~ City Engineer ,tl ~ t;' - J~ ittE<:r~ ~q) The " 'm', .oem..' ~~ i ty At torn '...' ,t"" ...L...L~ un u.u. . I '-' --- , , RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNTY. CALIF. FOR TITLE INSURANCE & TRUST co, SEP 29 1970 AT 8 A.M. RAY E. LEE, Registrar.Recorder " AND WHltN Rt:CORDltD MAIL TO Nam. I CITY OF ARCAD I A ,240 WEST HUNTINGTON ARCADIA, CALIFORNIA I Str..t Addr... DRIVE City & Stat. L ~ SPACE ABOVE THIS LINE FOR RECORDER'S USE MAll 'AX $TATfMfNn TO I I DOCUMENTARY TRANSFER TAX $....~.................................. __COMPUTED ON FULL VALUE OF PROPERTY CONVEYED, ~OR COMPUTED ON FULL VALUE lESS LIENS AND E CUMBRANCES REMAINING AT TIME OF SALE. .. . ......'! ,~ . (' -~,,\'" ',"'"j ... -. 1(' ....'J ,,,.~. r t....,.-.. r,t"l'''' : -.1....,. ,..J ..... '" . N'am. si;.., "'d~r.u . City & $101' PUBLIC AGENCY. NO TAX STATEMENI L .J Signature of Declarant or Agont determining tax. Firm Name . , I Grant Deed I FRFE:L ~:11, , TO 4015.1 CA (1.70) THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY , FOR A VALUABLE CONSIDERATION, receipt of which is hereby ai:knowledged, LAWRENCE W. JOHNSON hereby GRANT(S) 10 CITY OF ARCADIA, a municipal corporation, 'r ) the following described real property in the County of Los Angeles City of Arcadia, I State of California: .. ,Per attached legal description: '; '.. \ \, "'-../' ' ;'~~~~~~1fi~~s Dbcume'nt: Enti tl~d, :1;,9: lcr0,o ):lecord ing... , ,G.ov.. GadA ,See,,' 6103, , . . ... . .... . , . i"" , '( I '~,:\, " ~...:.- '-. Dated September ~. 1970 Y~/~iJ/'~ Lawrence W. Johnso ~ ',. . . STATE OF CALIFORNIA COUNTY OF Los Angeles On. September' 3, 197() belore me, the under, signed, a Notary Puhlic in and fOT said Slate. personally appearer! Lawrence W. Johnson, }ss. ~ . known to me subscribed to the within executed the same. r.""""...""."'''''''''''''''''''''",..,,,,,,....,,,,......,..,,,,,, I e OFFICIAL SEAL """"} /. . MILDRED l.. McCUTCHA" ! . NOTARV PUBl .. . I Ie -'CALIFORNIA : PRINCIPAL OFFICE IN i LOS ANGELES COUNTY i r My Commissio Ex . ! ......''''''',...."'''''',,..,''''~ Pires Oct 30 1971-' .'.........'."......:..:'''''.l..................i ~ ~ CJ1 : '.~. 10 be the person_whose "am" is instrument and acknowledged thai he WITNESS my hand and official seal. S;gnatu,e Jh.~~.A.~.d ~ ~ ~a-<..j : ,l I. ',' " Mildred L. McCutchRn Name (Typed or Yrinted) lThl~ an'll. fur ulll..lll! "ntarllll Ileal} Title Order No, h Y X,;;:.,l/ / Escrow or Loan No. MAIL TAX STATEMENTS AS DIRECTED ABOVE - I.. .-,. I "- -. .... .~_. _-.1.' '" . GRANT ,'DEED , , , ' -'Fitle:.rnsurance and Trust Company COMPLETE STATEWIDE TITLE SERVICE I WITH ONE LOCAL CALL ~ -. . ,. -:--:-.............. :~.:: ~-.:-: ...... ............--.. -,' .~~~~ -.:::",; " ~ . . - -< " " .GR^NT DEED , ~; l Title-Insurance- ~ and Trust Company .r . COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL .: "-;';"1 " .. " ~ ......:.... ...... tl ~~'"..; ~."::-~. {.. l' -----'--- - --.:....----- , I " . I, (, I (' I . '. ,'. . ... ',t. . ~ . L, .... -." , , , . . . , , MARK H. BLOODGOOD AUDITORo(:ONTROLLItR COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR-CONTROll.ER MAY 21 1971 CITY OF ARCADIA C~^l1qR~;r 183 HAL.L OF ADMINISTRATION LOS ANGELES. CALIFORNIA 80012 628.36" CHIEF DEPUTY .. ... . CHIEF', TAX DIVISION May 11j., 1971 The City of Arcadia 240 West Huntington Drive Arcadia, California 91006 Attention: Robert D. Ogle City Attorney Re: That portion of Lot 1 Block 84 Santa Anita Tract acquired from Lawrence W. Johnson Gentlemen I PurSURnt to your letter dated October 9, 1970, taxes ha7e ~een ca11::211eo in acccrdance \':ith Section 4986 of th~ 3ev0;me and Taxation Ccfle. 'Ihis cancel- lation was ordered by the Honorable Board of Super- visors Feb. 2,1971, by AuU,orj.zation No. 19847. Very truly yours, ~UUtK H. BLOODGOOD, Auditor-Controller ~p~ By T~ D ](filSl1g,.,""11...., Chief Tax Division JRP/GF/tc October 9, 1970 Mr. John R. Passarella, Auditor-Controller 500 West Temple Street, Room 153 Loa Angeles, California 90012 Attention: Eleanor Parker, Tax Cancellation Section Subject: Request for Cancellation of Taxes Lawrence W. Johnson Dear Mr. Passarella: Please cancel taxes on the property described in the enclosed copy of deed as of the date of recording. Very truly yours, ROBERT D. OGLE City Attorney RDO :kd Enclosure TO 1012 FG-OP j7.68) California lond itle Association Standard CoveraCJe Policy Form CoPvriQht 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 amoum 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 coses, attorneys' fees and expenses which the Company may become- obligated to pay as provided in the Conditions and Stipulations herf:of, which the Insured shall sustain by reason of: 1. Any ddect in or lien or encumbrance on the title to the estate or interest covered hereby in the land d~scribed or referred to in Schedule C, existing at the date hereof, not shown or referred to in Sch~ule B or excluded from coverage in Schedule B or 10 the Conditions and Stipulations; or 2. Unmarketability of such title; or 3. Any d~fect in the execution of any mortgage shown in Schedule B securing an indebtedness, the owner of which is named as an Insured in Schedule A, but only insofar as such defect affects the lien or charge of said mortgage upon the estate or interest referred to in this policy; or 4. Priority over said mortgage, at the date hereof, of any lien or encumbrance not shown or referred to in Schedule B, or excluded from coverage in the Conditions and StipulatIOns, said mortgage being shown in Schedule B in the order of its priority; . ",'~"\.'\.'\"\.'" all subject, howQ<!rF'to the pr(jVtslOn~ of Schedules A, Band C and to the Conditions and Stipulations hereto anne~ ...~CE AND TRiJ' \\1, _ ~r 0000000 \9", : ~ ooo~f. IS PRo~oo ' I, .-.! ~ 00 ~o -tl~tt'k~ ~ .c..on ~:!J j:f ~ o~'" .. f-~'BJl'In'Wlt esscw~ereof, Title Insurance and Trust Company has caused its ~ ; ~o" .t,~ c~~r~~3~ a~ seal to be hereunto affixed by its duly authorized officers ~ ~ g , 'o~jt~'e~a~\!P~t?;n Schedule A, ~ _ 0 -_~' ~ -.J 0 Z ~ r; r- 0 . I"'^- ~ 0 ""(" % ~ 0', ~,.z;c , ,<g ~ 'Ii .;x 04,,:' ~~,;;:;:_ _, ;"'v~o * j:f '1 0" -~ "~o .... "1 <<>oott;'~T~'I~-Gu~~oo ~"# 1'1 \9 -4 00000000 c"t-" .:- \\\\ NGELES, ...::;:--=- \\\\"\'\."\."\.~~ Title Insurance and Trust Company by . )v~~ PRESIDENT Attest 0WH-~ SCHEDULE B PART ONE , 1. Taxes or assessmenCS 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 ascertained by an inspection of said lliod or by making inquiry of persons in possession thereof. 3. Easements, claims (If easement or encumbrances which are not shown by the public records. 4. Discrepancies, conflicrs 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 ti.tl~ to wat~r, CONDITIONS AND STIPULATIONS 1. DEFINITION OF TERMS The followmg terms when used In Ihis policy mean: (a) "land": [he land described, spetific. ally or by rdect:m"e, in Schedule C and improvements affixed thereto wflich by law constiwte real properry; (b) "pubJ ic records": those records which impart constructive notice of matters relahng to said land; (c) "knowledge": actual knowledge, not constructive knowledge or notice which may be imputed to the Insured by reason of any public fecords; (d) "date": the effective date; (e) "morrgage": mortgage, deed of trust, trust deed, or other security instrument; and (f) "insured": the party or panies named as Insured, and if the owner of the in- debtedness secured by a mongage shown 10 Schedule B is named as an Insured in Schedule A, the Insured shall include (1) each successor in interest in O\vnership of sUth indebtedness, (2) any such owner who acquires the e'aate or interest refereed to in this policy by foreclosure, trustee's sale, or other legal manner in satisfaction of said indebtedness, and (3) <tny federal agency or instrumentality whicll is an in. surer or guarantor under an insurance con- tract or guaraOly msuring or guaranteeing said indebtedness, or any part thereof, whether named as an insured herein or not, subject otherwise 10 the provisions hereof. 2. BENEFITS AFTER ACQUISITION OF TITLE If an insured owner of the indebtedness secured by a mortgage deSCrIbed in Sched- ule B acquires said estate or interest, or any part thereof, by foreclosure, trustee's sale, or other legal manner in satisfaclion 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 co\'ered 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 agamst loss or damage by reasons of the following: (a) Any law. ordinance or governmental regulation (including but not limited to buildin,[l: and zonm,[l: ordmances) restricting or re~ulating or prohibiting the occupancy, use or enjoyment of the land, or regulating the character, dimensions, or location of dny improvement now or hereafter erected on said land, or prohlbinng a separation in owner~hip or a reduction in the dimensions or ared of any lot or parcel of land. (b) Governmental rights of police power or eminent domam unless notice of the exercise of such rights appears in the public rewrds at the date hereof. (c) Title to any property beyond the Jines of the land expressly deSCrIbed in Schedule C, or title to streeu, roads. ave- nues, lanes, ways or waterways on which mch land abuts. or the ri~ht to maintain therein vaults. tunnels. rJ.mp~ or an}' other structure or Improvement; or any ri~hts or easements therein unless this polICY specifIC- ally provides that such property. rights or easements are IOsured. except that if the land abuts upon one or more phYSICally open streets or highways thl~ poticy insures the ordinary rights of abuttin~ owners for acc('ss to one of such streets or hIghways, unless otherwIse excepted or excluded herein. (d) Defects, liens, encumbrances, adverst' claims against the title as IOsured or other mattt'Cs (1) created, suffered, assumed or agreed to by the Insured claimIng loss or damage; or (2) known to tht' Insured Claimant either at the date of [his policy or at the date such Insured Claimant ac- quired an estate or interest insured by this poilcy and not shown by the public records. unless disclo~ure thereof 10 wntin,ll: b}. the Insured shall have been made to the Com- pany prior to the date of this poilcy. or (3) resulting in no loss co the Insured Claim- ant; or (4) attaching or created subsequent (0 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 acnons or proceed lOgs com- menced against the Insured. or defenses, restraining orders, or injunCtions imerposed against a foreclosure or sale of the mort. gage and indebtedneSl> covered by thIS policy or a sale of the estate or interest in said land; or (2) for such action as may be appropriate to establish the utle of the estate or IOterest or the hen of the mort- gage as insured, which litigation or action in any of such events is founded upon an alleged Jefect, lien or encumbrance in- sured against by this policy, and may pur- sue any litigation to fmal determmation in the Court of lase reson. (b) In case any such action or proceed- ing. shall be begun, or defense interposed, or 10 case knowledge shall come to the In- sured of any claim of title or interest which is adverse to the title of the estate or in. terest or lien of the mortgage as insured, or which mighr cause loss or damage for which the Company shall or may be liable by Vlf(ue of this polity, or If the Insured shall in good faith contract to sell the in- debtedness secured bl .1 mortgage cu\'ered by this policy, or, i an Insured in !,:ood faith leases or contraCts to sell, lease or mortgage the same. or if the successful bidder at a foreclosure \Jle 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 10 writing. If such notice shall not be given to the Company within ten days of the receipt of process or plead- ings or if the Insured shJlI not, 10 writing, promptly nmify the Comp.lOY of any de- fen. lien or encumbr.\nce insured :1}t:linst which sh,\ll (omt: to the knllwled~e of the Insured. or if [he Imured shall not. in wntlO,l.:'. promptly notify the Camp.lny of any such rejectiun by rea\on of claimed un- m.HketabililY nf title. then all liability of (ConditIons and Stipulations Continued and Concluded on Lost Page of This Policy) "LU LO"N ~OLICY - 1110 WIT>l IT"EET I....ROYE..ENT "SSEU"ENT COVE""OI. 0" C"LI"O">lI" L"'NO TITLE ..SSOCI..TrON IT"NO""O COVI.""OIl ..OLICY _ '..3 SCHEDULE A PREMIUM : $323.50 AMOUNT : $96,500.00 EFFECTIVE DATE: SEPTEMBER 29, 1970 AT 8:00 A.M. POLICY,NUMBER : 6885391 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 BY THIS POLICY.IS A FEE. SCHEDULE B THIS POLICY DOES NOT INSURE AGAINST, LOSS OR DAMAGE BY REASON OF THE FOLLOWING: PART ONE ALL MATTERS SET FORTH IN PARAGRAPHS, NUMBERED, 1 T05 INCLUSIVE ON THE INSIDE COVER SHEET OF THIS POLICY UNDER THE HEADING SCHEDULE B PART ONE. PART,TWO 1. GENERAL.AND SPECIAL, COUNTY ,AND CITY ,TAXES FOR THE FISCAL,YEAR, 1970~1971, A.LIEN NOT: YET PAYABLE. 2. AN EASEMENT OVER SAID, LAND FOR WATER PIPE LINES AND THE RIGHT TO ENTER UPON SAID: LANDS: FOR THE PURPOSE OF,LAYING SAID PIPE, AS PROVIDED IN THE, DEED FROM H. A. UNRUH, RECORDED IN,BOOK, 180 PAGE 258 OF DEEDS. 6885391 PAGE 1 ...LT... LO"'N ~L'cY - '.70 W'YH .Y""n ,,,PltOVI..INY ..uISIt.."NT cOVE....GE 0" C"'L'~O"N'" L"ND TITLE ....OC'..T'ON ItY"ND"'''O cOv......O. ~LlcY _ '''3 3. AN EASEMENT FOR A CULVERT OVER SAID, LAND DESCRIBED AS, FOllOWS: BEGINNING AT A POINT, SAID POINT BEING 20 FEET NORTHERLY 'AND.70.46 FEET EASTERLY FROM THE SOUTHWESTERLY CORNER OF LOT 1 BLOCK 84 OF'SANTA ANITA,TRACT;THENCENORTH 510,32' 00" WEST, A DISTANCE OF.50 FEET TO A POINT, SAID POINT BEING ,51~10 FEET NORTHERLY OF AND 31.31 FEET EASTERLY FROM. THE SOUTHWESTERLY. CORNER OF AFORESAID LOT, 1; THENCE NORTH 380 28' 00" EAST, A OISTANCE OF 6 FEET TO A POINT; THENCE SOUTH ,510,32" 00" EAST, A DISTANCE OF,57.54 FEET TO A POINT, WHICH POINT; IS,20 FEET NORTHERLY AND 80.09 FEET EASTERLY FROM 'THE SOUTHWESTERLY CORNER OF AFORESAID LOT,I; THENCE WESTERLY ALONG A,LINE, WHICH LINE IS 20 FEET NORTHERLY FROM AND PARALLEL WITH THE SOUTHERLY,LINE OF AFORESAID, LOT 1, A,DISTANCE OF 9.65 FEET TO POINT OF BEGINNING,'AS GRANTED TO THE,CITY OF: ARCADIA,BY: DEED RECORDED IN BOOK, 7861 PAGE 370, OFFICIAL RECORDS. 4. COVENANTS"CONDITIONS AND RESTRICTIONS' IN THE DEEO EXECUTED BY : KERCKHOFF CUZNER MILL AND, LUMBER COMPANY RECORDED : IN BOOK 18050 PAGE: 1, OFFICIAL RECORDS RESTRICTIONS,: IF ANY, BASED ON RACE"COLOR, RELIGION OR NATIONAL ORIGIN ARE DELETED. ,5. AN UNRECORDED LEASE AFFECTING SAID: LAND AND OTHER PROPERTY DATED JULY 26, 1957 IN FAVOR OF JOHNSON.CASHWAY : LUMBER COMPANY, A,CORPORATION, NOW KNOWN: AS HAMMOND LUMBER COMPANY, AND: TOWNSEND MOTORS, A,CORPORATION"COLLECTIVELY, AS. LESSEES, AS SET FORTH IN THE DEED FROM GEORGIA-PACIFIC CORPORATION, A CORPORATION,: TO SUNSET BUILDING COMPANY, A CORPORATION, RECORDED MARCH, 7,: 1958 IN BOOK 0-37 PAGE 1, OFFICIAL RECORDS, AND IN FEBRUARY 6,: 1958 IN BOOK 4188 PAGE 498, OFFICIAL RECORDS. BY.ASSIGNMENT ATTACHED THERETO, AND DATED DECEMBER 24,1957, GEORGIA-PACIFIC CORPORATION, ASSIGNS TO GEORGIA PACIFIC INVESTMENT COMPANY, AN OREGON CORPORATION FORMERLY KNOWN AS SUNSET BUILDING,COMPANY, ALL RIGHT,: TITLE AND, INTEREST, IN, TO AND UNDER SAID: LEASE. THE EFFECT OF. ANY DISABILITY ON A PROPERTY' INTEREST OR LIEN HELD BY TOWNSEND'MOTORS,:A,CORPORATION, OCCASIONED BY ANY DISSOLUTION,'SUSPENSION OR FORFEITURE OF: THE SAID CORPORATION. 6885391 PAGE 2 "\.T" \,0"00 I'O\.ICY - liTO WITH ST"EET I"~"OVE'<ENT "SSn...ENT COYE""'U 0" C"l.l..-O"NI" l."NO TITl.E "IIOCI...T10N n"'NO"'''D COVI:"AOl: 1'Ol.ICY _ 1..3 6. AN UNRECORDED LEASE OF SAID LAND AND OTHER PROPERTY DATED MARCH, 1., 1960 EXECUTED BY GEORGIA-PACIFIC. INVESTMENT COMPANY. A.CORPORATION. AS LESSOR TO GEORGIA-PACIFIC, CORPORATION. A CORPORATION. AS, LESSEE. FOR A TERM OF 9 YEARS. EXPIRING FEBRUARY 29. 1969. UPON THE TERMS. COVENANTS AND,CONDITIONS AS' THEREIN'PROVIDED AS DISCLOSED BY THE ASSIGNMENT OF,LESSORS INTEREST RECORDED MAY 4. 1960 IN BOOK M-503 PAGE 715. OFFICIAL RECORDS. THE EFFECT OF ANY"DISABILITY ON A PROPERTY INTEREST OR LIEN HELD BY'GEORGIA-PACIFIC CORPORATION. A.CORPORATION. OCCASIONED BY. ANY, DISSOLUTION SUSPENSION OR FORFEITURE OF THE SAID CORPORATION. 6885391 PAGE 3 ..U.. L.O"N "OL.'CY - ,nO WnH .TII~U '....ROvlE..IENT ..S,.[,....INT cOVIEII"CIE 011 c"L'FOIIN'.. L..ND YITL.1. ....Dc'..T'ON .T"'''O''"D o;OVIII..OI P'OL.ICV _ 'US 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: THAT PORTION OF lOT I, IN BLOCK 84 OF SANTA ANITA TRACT, IN: THE CITY OF ARCADIA, IN'THE COUNTY OF: LOS ANGELES, STATE OF~CAlIFORNIA, AS PER MAP RECORDED IN BOOK, 34 PAGES 41 AND 42 OF MISCEllANEOUS RECORDS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID, COUNTY, DESCRIBED'AS' FOllOWS: BEGINNING AT A POINT'IN THE NORTHERLY: lINE OF HUNTINGTON DRIVE"AS DESCRIBED, IN THE FINAL DECREE OF CONDEMNATION ENTERED IN LOS ANGELES COUNTY SUPERIOR COURT, CASE NO. 255223, A CERTIFIED COPY OF WHICH WAS RECORDED DECEMBER 4,,1929, AS INSTRUMENT NO. 1293, IN BOOK 9570 PAGE 165 OF OFFICIAL RECGRDS OF SAID COUNTY, DISTANT WESTERLY, THEREON 65.39 FEET FROM, THE INTERSECTION OF THE WESTERLY: lINE OF TRACT NO. 6860,.AS PER MAP RECORDED IN BOOK 78 PAGE. 75 OF MAPS, IN THE OFFICE OF: THE COUNTY RECORDER OF SAID COUNTY, WITH SAID NORTHERLY. LINE OF HUNTINGTON DRIVE, SAID POINT BEING,THE BEGINNING OF A TANGENT CURVE, CONCAVE NORTHEASTERLY AND HAVING A RADIUS OF 11.00' FEET, SAID, CURVE, ALSO BEING'TANGENT AT ITS NORTHERLY TERMINUS TO A lINE THAT IS PARAllEL WITH : THE WESTERLY,LINE OF SAID, LOT; THENCE NORTHWESTERLY ALONG SAID,CURVE"AN ARC. lENGTH OF: 17.28 FEET TO SAID NORTHERLY 'TERMINUS; THENCE NORTHERlY'AlONG A:LINE'THAT IS PARALLEL WITH SAID WESTERlY,lINE, A DISTANCE OF, 39.00. FEET TO. THE BEGINNING OF A TANGENT, CURVE"CONCAVE WESTERLY ,AND HAVING A RADIUS OF.540 FEET, SAID POINT OF BEGINNING OF SAID 540 FOOT RADIUS CURVE, BEING THE TRUE POINT OF BEGINNING FOR THIS DESCRIPTION; THENCE SOUTHERLY ALONG SAID PARALLEL LINE, A DISTANCE OF 39.00 FEET AND SOUTHEASTERLY ALONG SAID: 11.00 FOOT RADIUS CURVE, AN ARC DISTANCE OF, 17.28 FEET TO SAID NORTHERLY lINE OF HUNTINGTON DRIVE; THENCE WESTERLY ALONG SAID NORTHERLY, LINE OF HUNTINGTON DRIVE'TO' THE WESTERLY lINE OF SAID lOT; THENCE NORTHERLY ALONG SAID WESTERLY lINE TO: THE NORTHWESTERlY,CORNER OF SAID lOT; ~HENCE EASTERLY ALONG THE NORTHERLY,LINE OF SAID'LOT TO A lINE THAT IS PARALLEL WITH AND DISTANT EASTERLY THEREON 20 FEET, MEASURED AT RIGHT ANGLES FROM THE WESTERLY: lINE OF SAID lOT;' THENCE SOUTHERLY ALONG SAID LAST MENTIONED PARAllEL lINE, A DISTANCE OF, 167.22 FEET'TO THE BEGINNING OF A'TANGENT CURVE, CONCAVE EASTERLY AND HAVING A RADIUS OF 460 FEET, WHICH, CURVE. IS ALSO TANGENT AT' ITS SOUTHERlY.TERMINUS'WITH SAID HEREINBEFORE MENTIONED ,540 FOOT RADIUS CURVE; THENCE SOUTHERLY, ALONG SAID 460 FOOT 6885391 PAGE 4 ....u. ..0.... PO"'CY _ '.70 WITH STRUT '''P''OV~''I:HT "55~SS"I:NT COVE""GE Oil C"..,rOll"'" L"ND TITLE "SSOCI..T'O" "T"NO""D COV~""GE POLIcy _ ""S RADIUS CURVE TO SAID LAST MENTIONED POINT OF TANGENCY;. THENCE SOUTHERLY ,ALONG SAID 540 FOOT RADIUS, CURVE TO THE TRUE POINT OF BEGINNING. EXCEPT: THEREFROM, THAT PORTION OF S~ID LAND LYING SOUTHWESTERLY OF' THE NORTHEASTERLY~LINE OF THE RIGHT OF WAY ,OF THE ATCHISON. TOPEKA. AND SANTA FE,RAILROAD, FORMERLY KNOWN AS LA & SGV RR. AS SHOWN ON THE MAP OF SAID TRACT. 6885391 PAGE,S ............. ...." 0 \~. '''''-Ol::l! ( 5-69) ALTA OR STANDARD COVERAGE INDORSEMENT AlTACHED TO POLICY NO. 6885391 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 aggrcgate, 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. .$'-"'''-'-'-\.\.\.\.\\ ~ ~CE AND T/jI}'\\, - ^ ~ 0000000 v.s" 'I ,::;' .".... 00~'1'. IS PRooOo' " -,;y 0 0.' 1: 0 C> I ,:; ~'" o~ ~ ,q5'~'tt~4 ~('/-oo 0 II :; ....l~ .-- ~ ~oo -;. ~J '::14.10 , . . \'r--'\O-ofJ ~ -' 0 ,So ' /" ~v,~:P ~ ~ !:: g _,' ~ I g Z ~ ~ I- O~'I ^, . "" ,\ ,,=,,0 -.:: ~ "o'-~. 1'0 "- ~ ,. 0 ~,~, v:,'', , ,~.Qo )} '!: () .... 0,,,, ','<-_ ~~o:;;' 'I oo~ l' 7::""._ :,. " t-~VOO j:;: "I <0 oO~"-'liE IS ,,'0)000 ~.,::;' II ~ 00000000 ~".: "",4NGELES, C ..#" \\\\\."\."'''-''~ Title Insurance and Trust Company ~~/~ By SECRETARY ~ ~ PORTION OF LOT 1 IN BLOCK 84 SANTA ANITA TRACT ALSO PORTION OF BLOCK 58 SANTA MITA TRACT \ ;1- . IN .~ I~ I 1 I \ \ \~ 1 \ ... \;;. Po... 't ~LK 0 N' 84 \\) 'll Il) \0 19 \ \ ~ \ \-- \ '2 .,J ~\ ~\ I I I () [ " ' ~ T .,'';..,<0 '...... <ntF" ~__.. "'!> 3~ ~J / :>10 - \G>!> 0,"", . . ~",,~__~_,-HiJN.TINGTO~ OR:. : F'ML.Y ;::ALLltlJG {..EAF" ,AvE , , .I " d 7"" ' , "'~-~~-----' "" ''::: /?' ":,, ''-..:.'i!' " ',,~,,:::,:~~ " ~" " " )... " ':"':5'-3' ~ "- " " .~ ..... ~,~. , ~" '..........."" , 5 / '\ I -'.;7 I I o cao I I I I I I I ~ I W I I I I I I I I 1,- I I \ '-r.: ---=--=- -=,a75 - _ _--=-_ ~ 6Of\J/TA sr --1____________ a l'lI b f>. ~ I I I I I I I I3LK 58 ~r Q ~ ~ THIS IS NOT A SURVEY, OF THE IJ,rm BUT IS COMPILED FOR INFORMATION BY THE TITLE INSURANCE AND TRUST COMPAtrY FROt:. DATA SHOWN BY OFFICIH RECORDS. CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Pollcy Foce) the Companr in regard 10 the subject matter of such .\cuon. proceeding or m:uter shall cease .lod rermmate: pnlvldeJ, bowever, th.lt failure to notify shall In no case prejudice the claim of any Insured unle~s Ihe Company shall be actually prejudiced by such failure and then only to the ex rent of such prejudice_ (c) "fhe Company shall have the right at ils own COSt 10 institute :md prosecute any action or proceeding or do any orher act which in Its opinion may be necessary or desirable to establish the tide of tbe estate or imerest or the lien of the mort- gage as insured; and rhe Company m.lY lake any appropriare actiun under the rerms of this policy whether or not it. shall be liable Ihereunder and shall nne thereby concede liability or waive .lny provision of this policy. (d) In all cases where this policy per- mits or requires the Company 10 prosecute or provide for the defense of any action or proceeding, the Insured shall secure to it the righr [() so prose<ute or prOVide de. fense in such action or proceeding, and all appeals therein, and permit it to use, ar It~ option, the name of rhe Insured for such purpose. Whenever requested by the Com. pany the Insured 5"011 give the Comp.lny all reasonable aIC.! in any such actIOn or proceeding, in effecling sert]ement, securinj: evidt"nce, oblaining witnesses. or prosecu. ting or defending such a(tulO or proceed- in.lI;, and the Company shall reimburse the Insured for any expense so incurred S. NOTICE OF lOSS - LIMITATION OF ACTION In addJtion to the notices required under paragraph 4(b), a s\atement In writing (If any loss or damage for whICh it is claimed the Company. is liable under this policy shall be furnished to the Company within sixry days after such loss or damage shall have been determmed. and no nght of action shall accrue to the Insured under this policy until thirty days after such statement shall have been furnished and no re<overy shall be had by the I~sured under this policy unless acrion shall be commenced thereon withIn five year~ after expiration of said thiny day period. Failurt. 10 furnish such statement of loss or dama~e, or to commence such anion within the time hereinbefore speCified. shall be a con- clusive bar against maintenanfe by the In- sured of any action under this policy. 6. OPTION TO PAY, SETTLE OR COMPRO. MISE CLAIMS The Company shall have tht' option to payor settle or compromise for or 10 Ihe na~e of the lnsured any claim Insured agalOst or (0 pay the full arnounc of this policy, or, in case loss is claimed under thi~ policy by [he owner of the indebtednes~ se<~lted by a mortgage covered by this policy, the Company shalt have the option to purchase said indebtedness; such pur- ch<:lse, paymcm or render of paymem of lhe full amount of thi~ policy. together w Ilh all (OSIS. attorney~' fees and expenses which the Company is obligated hereunder 10 pay, shall termina~ all liability of the Cnmpany hereunder. In the event. after nOlice of claim has been Riven to Ihe Com. !'lany by the In~ured, the Company offer~ to purchase said indebtedness. Ihe owner of ~uch mdebtedness shall transfer and aS~lgn said indebtednes~ and the mortgage securinj: the same to the Compan)' upon payment of the. purchase price. 7. PAYMENT OF LOU (a) The liabililY of Ihe Company under this policy shall 10 no case exceed. In all: the actual loss of the Insured and costs and attorneys' fee~ which the Company lllay bt' obligated hereunder to pay. (b) The Company will pay, in addition to any loss in..ured against by Ihls policy, .III CO:.IS imposed upon the Insured in lill- gation carned on by the Company for the Insured. and all COSIS and attorneys' fees in iiligation carried on by the Insured with the written authorization of the Company. (c) No claim for damages shall arise or he maintainable under this polICY (I) If lhe Company. after having received notice of an alleged defect, lien or encumbrnncl:' not excepted or excluded herein remove~ ,iuch defect, lien or encumbrance within a reasonable lime after re<eipt of such notIce. or (2) for liability voluntarily assumed by the Insured in settling any c1.lim or SUIt without written consent of the Company. or (3) in the event the wle IS rejected a~ unmarkelable because of a defect lien or encumbrance nOl excepled or exciuded in this policy, unlil there has been a final determination by a court of competent juri.,- dictIOn sustaining such rejection. (d) All payments under this policy, ex- cept payments made for COsts. attorneys' fees and eXpenses, shall reduce Ihe amount of the insurance pro tanto and no payment shall be made without producing thiS policy for endorsement of such paymeOl unless the polICY be lost or destroyed, in which case proof of such loss or destruction shall be furnIshed to the sati~fa((jon of the Com- pany; provided. however. If the owner of an indebtedness secured by a m{)n~a~e shown in ScheJule B is an Insured herein then such payments shall not reduce pro tanto the amount of rhe insurance affordl'd hereunder as to such Insured. except co the extent that such payments rl'duce rhe amount of the indebtedness secured by such mono gage. Payment in full by any person or voluntary satisfaction or re]e.lse by the In. sUled of a mortj:a~e covered by Ihis policy shall terminate all liabililY of the Company to the insured owner of the indebtedness secured by such mongage. excepl as pro- vided in paragraph 2 hereof . (e) When liability has been definitely fixed in accordanct with the conditions of this policy the ]ms or damage shall be p.lr- able within thirty Jays thereafter. 8. LIABILITY NONCUMULATIVE It IS expressly understood that the amount of this policy is reduced by any amount the Company may pay unJer any policy insunng the validity or prionty of any mongap;e shown or rtferred co 10 Schedule B hereof or any mongage here- after executed hy the Insured which IS a charge or lien on the estate or intere~t described or referred [0 in Schedule A, and the amount so paid shall be deemed a pay- mt'nt to the Insured under this pollcy, The provisions of Ihis paragraph numbered R shall fi{)t apply to an In~ured owner of dn indeb{edne~s secured by a mortgage shown 10 Schedu]e B unless such Insured acquire~ tide to said estate or interest in satisfaction of said indebtedness or any part thereof_ 9. SUBROGATION UPON PAYMENT OR SEnLEMENT Whenever the Company shall h.lve sertled a daim under this pulicy. all t1,1l:ht of ~llb- rogation shall vest in the Company un- affected b}' any an of the Insured. and it shall be subrogated to and be entitled to all rights and remedies which Ihe Insured would have had again~t any person or prop. erty in respect to such claim had this policy not been i~~ued. If the payment does not cover the loss of the Insured, the Company shall be subrogated to such ri~hts and remedies in the proportion which said pay. ment hears to the amount of ~aid lo~s. If \o\~ should result from :10)' aCt of the In- sured. such 3([ ~hall not void this policy. hut the Comp.my. in that event. shall bt' reqUIred w pay only that parr of any losses insured ;lgain~t hereunder which ~hall ex. ceed the ,Irnount, if .my. lu~t w the Com. pany by reason of the impairment of the right of subrogation. The Insured. if re- quested b)' [he Company. ~hall Ir"nsfer to the Company all rights and remedies against an)' person or properly necessary in order tu perlt'(1 su\h nj:ht \l{ subrogatiun, and shall permit lhe Company (0 use the name of the Insured in any transaction or litigation involving such right~ or remedies. If the In..ured IS the owner of Ihe in. debtednes~ SeCured hy :t murtgage (Overed by Ihl~ policy, such Imured may release or substitute Iht' personal liability of any debtor or guarantor, or extend or ntherwise modify the terms of payment; or release a portion of the e~tate or interest from the lien of the mortgaj:e. or relea~c .lOy co]. lateral se(urity for lhe indebtednt'SS. pro- vided such act does noc re..ult in any los~ of priority of Ihe lien of rhe mortgage. 10. POLICY ENTIRE CONTRACT Any :lction or actions or righl~ uf action rhat the Insured may h;l"e or may bring a~aj""r the Company ari~lflg out of the ~tarus of the lien of the mOltj:age covered by this polit'y or the title of the estate or interest insured herein must he based on the provision~ of (his policy. ' No provision or condition of thiS policy can be waived or changed except by wriring l'nJorsed hereon or a{lached hereto signed b)' Ihe President, a Vice Pre~ident, Ihe Secretary, an Asslslam Secretary or other vJlidating officer of rhe Company. 11. NOTICES, WHERE SENT All notices required to be ,!iCiven Ihe COIll- pany and any statement in wrilin.~ required to be furnished the Company shall bt: ad- dressed to it at the office which i..sueJ thi.~ policy or to its Home Office. 433 South Sprin,g Street, Los Angeles 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