HomeMy WebLinkAboutD-1763
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,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.
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CERTIFICATE OF ACCEPTANCE
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City Engineer
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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
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AND WHltN Rt:CORDltD MAIL TO
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CITY OF ARCAD I A
,240 WEST HUNTINGTON
ARCADIA, CALIFORNIA
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Str..t
Addr...
DRIVE
City &
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SPACE ABOVE THIS LINE FOR RECORDER'S USE
MAll 'AX $TATfMfNn TO
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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. ..
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PUBLIC AGENCY. NO TAX STATEMENI
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Signature of Declarant or Agont determining tax.
Firm Name
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Grant Deed
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TO 4015.1 CA (1.70)
THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY
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FOR A VALUABLE CONSIDERATION, receipt of which is hereby ai:knowledged,
LAWRENCE W. JOHNSON
hereby GRANT(S) 10
CITY OF ARCADIA, a municipal corporation,
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the following described real property in the
County of Los Angeles
City of Arcadia,
I State of California:
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,Per attached legal description:
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Dbcume'nt: Enti tl~d, :1;,9: lcr0,o ):lecord ing...
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Dated
September ~. 1970
Y~/~iJ/'~
Lawrence W. Johnso
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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,
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. known to me
subscribed to the within
executed the same.
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I e OFFICIAL SEAL """"}
/. . MILDRED l.. McCUTCHA" !
. NOTARV PUBl .. .
I Ie -'CALIFORNIA :
PRINCIPAL OFFICE IN i
LOS ANGELES COUNTY i
r My Commissio Ex . !
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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
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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
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GRANT ,'DEED
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-'Fitle:.rnsurance
and
Trust Company
COMPLETE STATEWIDE TITLE SERVICE
I WITH ONE LOCAL CALL
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.GR^NT DEED
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Title-Insurance- ~
and
Trust Company
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. COMPLETE STATEWIDE TITLE SERVICE
WITH ONE LOCAL CALL
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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
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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;
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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,
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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,
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Title Insurance and Trust Company
by
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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.
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~ ~CE AND T/jI}'\\,
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"",4NGELES, C ..#"
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Title Insurance and Trust Company
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By
SECRETARY
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PORTION OF LOT 1 IN BLOCK 84 SANTA ANITA TRACT
ALSO PORTION OF BLOCK 58 SANTA MITA TRACT
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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