HomeMy WebLinkAboutD-1786
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CERTIFICATE OF ACCEPTANCE
aKD5184p'c80 I
This is to certify that the interest in real property conveyed Dr transferred
to the City of Arcadia" a municipal corporation, by the deed, grant, conveyance
Dr instrument dated August 3, 1971 , from or executed
by John K. Asder and Zabelle Asder , is hereby accepted
by the City of Arcadia by the order Dr 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
authorize ,officers.
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BKDSI84pc800
(::- ciTY OF ~cAilIA
AND WHEN RECORDED MAIL TO
RECORDEO IN OFFICIAL RECORDS
OF LOS ANGELES COUNTY. CALIF.
FOR SECURITY TITLE INSURANCE CO.
SEP8 1971 AT 8:01 A.M.
Registrar-Recorder
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Nom. City Clerk
51r_' P.O. Box 60
Addr."
City & Arcadia, Calif.
5101. L
MAil TAl( STATEMENTS TO
r- of Arcadia
Nom. City
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Addre"
Cily &
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SPACE ABOVE THIS LINE FOR RECORDER'S USE
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DOCUMENTARY TRANSFER TAX $......... . ....~__n..n..............
_COMPUTED ON fULL VAlU OF PROPERTY CONVEYED,
_DR COMPUTED ON FULL YALUE LESS LIENS AND
~ BRANCES REMAINING AT TIME OF SALE.
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Signature of Declarant or Agent termining tax.
firm Name
Free recording requested under
Gov. Code 6103. Document
necessary due to City acquiring
ti Ue.
Grant Deed
TO 405.1 CA (1,70)
THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
JOHN K. ASDER, SR. and ZABELLE ASDER
hereby GRANT(~ 10 the CITY OF ARCADIA, a Municipal Corporation
Ihe following described real properly in lhe City of Arcadia,
County of Los Angeles ,Slale of California:
That portion of Lot 1 in Block 83 of Arcadia S~nta Anita Tract, in the City of
Arcadia, County of Los Angeles, State of California, as sho~ on map recorded in'
Book 15, Pages 89 and 90 of Miscellaneous Records, in the office of the County
Recorder of said County, described as follows:
.'
Beginning at the southwest corner of said Lot 1; thence northerly along the westerly
line of said lot, a distance of 50.00 feet to the northwest corner of said Lot;
thence easterly along the northerly line of said Lot to a line'that is parallel
with and distant easterly 10.00 feet, measured at right angles, from said westerly
line of Lot 1; thence southerly along said parallel line to the beginning of a
tangent curve concave northeasterly and having a radius of 15.00 feet, said curve
also being tangent at its easterly terminus to the southerly line of said Lot 1;
thence southeasterly along said curve to said easterly terminus; thence westerly
along the southerly line of said Lot 1 to the point of beginning.
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STATE OF CALIFORNIA
COUNTY LOS ANGELES
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111~ Asder, Sr.
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before me, the under.
)ublic in and for said State. personally appeart'd
Sr. and Zabelle Asder
to he the person-B-whose name r-;
. known to me
arp- suhscribed to the within
they executed the same.
OFFICIAL SEAL
FLORENCE E. NEERGARO
NOrARY PUBLIC - CALIFORNIA
LOS ANGELES COUNTY
MyCommlsslon ExpiresMar.4, 1972
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instrument and acknowledged that
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P. O. Box 60, Arcadia, Calif.
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Name (Typed or Printed)
(Thl~ In':!. for uml'!1I1 notarial ....,,1)
Title Order No.
Escrow or Loan No.
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7cru 37rf' 'J<,. ,
,MAil TAX STATEMENTS' AS DIRECTED ABOVE
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GRANT'DEED
GRANT 'DEED
Title Insurance
and
Trust Company
Title Insurance
and
Trust Company
COMPLETE STATEWIDE TITLE SERVICE
WITH ONE LOCAL CALL
COMPLETE STATEWIDE TITLE SERVICE
WITH ONE LOCAL CALL
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MARK H. BLOODGOOD
AUDITOR.CONTROLLER
COUNTY OF LOS ANGELES
DEPARTMENT OF AUDITOR-CONTROLLER
153 HALL OF ADMINISTRATION
LOS ANGELES, CALIFORNIA 90012
625-3611
September 8, 1972
City of Arcadia
240 West Huntington Drive
Arcadia, California 91006
Attention: Robert D. Ogle, City Attorney
Re: First Avenue Widening
Parcel No. 15
Gentlemen:
Pursuant to your lett~r dated October 11, 1971,
taxes havE' been cancelled in accordance with S~ction
4986 of the Revenue and Taxation C"de. This cancel-
lation was ordered by the Honorable Board ..f Super-
visors Nov. 30,1971, by Authorization No. 25468.
Very truly yours,
MARK H. BLOODGOOD, Auditor-C~ntroller
,;::~.".( ,~.' "'l' ',...rv:'./~/;/:,_", ..>', ~ ......\_<
By Edward Guerrero, Chief, Tax Division
EG,,1>\G/tc
Tax Div. ffc.-11 8/72
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ROBERT A. GILL
CHIEF DEPUTY
E. GUERRERO
CHIEF. TAX DIVISION
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October 11. 1971
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SeCURITY
TITLE
CLTA-1963
AMENDEO 1969
STANOARD COVERAGE
POLICY OF TITLE INSURANCE
issued by
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SECURITY TITLE INSURANCE COMPANY
Security Title Insurance Company, a California corporation, herein called the Company, for a valuable
consideration paid for this policy, the number, the effective date, and amount of which are shown in
Schedule A. hereby insures the parties named as Insured in Schedule A, the heirs, devisees, personal
representatives of such Insured, or if a corporation, its successors by dissolution, merger or consol-
idation, against Joss or damage not exceeding the amount stated in Schedule A, together with costs,
attorneys' fees and expenses which the Company may become obligated to pay as provided in the
Conditions and Stipulations hereof, which the Insured shall sustain by reason of:
L Any defect in or lien or encumbrance on the title to the estate or interest covered hereby in the
land described or referred to in Schedule A, existing at the date hereof. not shown or referred to
in Schedule B or excluded from coverage in Schedule B or in the Conditions and Stipulations;
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2. Unmarketability of such title: or
3. Any defel:t in the execution of an)' mortp::a~e showl! in Schedule B securing an indebtedness. the
owner of which is named as an Insured in Schedule A, hut only insofar as such defect affects the
lien or charge of said mortp:ap:e upon the estate or interest referred to in this Jlolicy; or
4. Priority over said lIIortg:age, at Ihe date hereof. of all)' lien or encumhrance nol shown or referred
to ill Schedule B. or excluded r rom coverage in the Conditions and Stipulations, said mortgage
being shown in Schedule R in the order of its priority;
all subject, however, to the provisions of Schedules A ano B and to the Conditions a~d Stipulations
hereto annexed.
III Witness Whereof, Security Title Insurance Company has caused its corporate name and seal to be
hereunto affixed by its duly authorized officers on the date shown in Schedule A.
d~<.. ~.
Secretary
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An Authorized Signature
P-218 (0.5.) ~S.fKO Inlut.nu C_"ny of ""'.".. A.gll,.,.d T'........'~ 0_"
CONDITIONS AND STIPULATIONS
1. Definition of Terms
The following term5 when used in this
policy menn:
(a) "land": the land described, spe-
cifically or by reference, in Schedule A
and improvements affixed thereto which by
law constitute real property;
(h) "public records": those records
which impart constructive notice of mat.
ters relating to said land;
(c) "knowledge": actual knowledge,
not constructive knowled~e or notice which
may he imputed to the Insured by reason
of any public records;
(d) "date": the effective date;
(e) "mortgage": mortgage, deed of
trust, trust deed, or other security instru.
ments; and
(f) "insured": the party or parties
named as Insured, and if the owner of
the indehtedness secured by a mortgage
shown in Schedule B is named as an
Insured in Schedule A, the Insured shall
include (1) each successor in interest in
ownership of such indebtedness, (2) any
such owner who acquires the estate or
interest referred to in this policy by fore-
closure, trustee's sale, or other legal man.
ner in satisfaction of said indebtedness,
and (3) any federal agency or instrumen.
tality which is an insurer or guarantor
under an insurance contract or guaranty
insurinv; or guaranteeing said indebtedness,
or any part thereof, whether named as
an Insured herein or not. subject other-
wise to the provisions hereof.
2. Benefits after Acquisition of Title
If an insured owner of the indehtedness
secured by II mort~age described in Sched-
ule B acquires said estate or interest, or
any part thereof, by foreclosure, trustee's
sale or other legal manner in satisfaction
of said indebtedness, or any part thereof,
or if a federal agency or instrumentality
acquires said estate or interest, or any
part thereof, as a consequence of an in-
surance contract or guaranty insuring or
guaranteeing the indebtedness secured by
a mortgage covered by this policy, or any
part thereof, this pohcy shall continue in
force in favor of such Insured, ag:ency or
instrumentality, subject to all of the con-
ditions and stipulations hereof.
3. Exclusions from the CO\'erage of
this Policy
This policy does not insure against loss
or dama~e by reason of the following:
(a) Any law, ordinance or govern.
mental regulation (including but not lim-
ited to building and zoning: ordinances)
restricting or regulating or prohibiting the
occupancy, use or enjoyment of the land,
or regulating the character, dimensions, or
location of any improvement now or here-
after erected on said land, or prohibiting
a separation in ownership or a reduction
in! the dimensions or area of any lot or
parcel of land.
'(b) Governmental rights of police
power or eminent domain unless notice
of the exercise of such rights appears in
the public records at the date hereof.
(c) Title to any p;operty beyond the
lines of the land expressly described in
Schedule A, or title to streets, roads,
3venues, lanes, ways or waterways on
which such land abuts, or the ri~ht to
mallltain therein vaults, tunnels, ramps or
any other structure or improvement: or
any rights or easements therein unless this
policy specifically provides that such
property, rights or easements are insured,
except that if the land abuts upon one or
more physically open streets or highways
this policy insures the ordinary rIghts of
ahutting owners for access to one of such
streets or highways, unless otherwise ex.
cepted or excluded herein.
(d) Defects, liens, encumbrances, ad-
verse claims against the title as insured or
other matters (1) created, suffered, as-
sumed or agreed to by the Insured claim.
ing loss or damage: or (2) known to the
Insured Claimant either at the date of this
policy or at the date such Insured Claim-
ant acquired an estate or interest insured
by this policy and not shown by the public
records, unless disclosure thereof in writ-
ing by the Insured shall have been made
to the Company prior to the date of this
policy: or (3) resulting in no loss to the
Insured Claimant: or (4) attaching or
created subsequent to the date hereof.
(e) Loss or damage which would not
have heen sustained if the Insured were
a purchaser or encumhrancer for value
without knowledge.
(f) Any "consumer credit protection",
"truth in lending" or similar law.
4. Defense and Prosecution of Ac-
tions . Notice of Claim to be Given
by the Insured
(a) The Company, at its own cost and
without undue delay shall provide (l) for
the defense of the Insured in all litigation
consisting of actions or proceedings com.
cented against the Insured, or defenses,
restraining orders, or injunctions inter-
posed against a foreclosure or sale of the
mortgage and indebtedness covered by this
policy or a sale of the estate or interest
in said land; or (2) for such action as
may he appropriate to establish the title
of the estate or interest or the hen of the
mortgage as insured, which litigation or
action in any of such events is founded
upon an alleged defect, lien or encum.
brance insured against by this policy, and
may pursue any litigation to final determ.
ination in the court of last resort.
(b) In case any such action or pro.
ceeding shall be begun, or defense inter-
posed, or in case knowledge shall come to
the Insured of any claims of title or in.
terest which is adverse to the title of the
estate or interest or lien of the mortgage
as insured, or which might cause loss or
damage for which the Company shall or
may he liable by virtue of this policy, or
if the Insured shall in good faith contract
to sell the indebtedness secured hy a mort-
gage covered by this policy, or, if an
Insured in good faith leases or contracts
to sell, lease or mortgage the same, or if
the successful bidder at a foreclosure
sale under a mortgage covered by. this
policy refuses to purchase and in any
such event the title to said estate or in-
terest is rejected as unmarketahle, the
Insured. shall notify the Company thereof
in writing. If such notice shall not he
given to the Company within ten days of
the receipt of process or pleadings or if
the Insured shall not, in writing, prompt:y
notify the Company of any defect, lien
or encumhrance insured against which
shall come to the knowledge of the In-
sured. or if the Insured shall not, in
writing, promptly notify the Company of
any such rejection hy reason of claimed
unmarketahility of title, then all llability
of the Company in regard to the subject
matter of such action, proceeding: or
matter shall cease and terminate: pro.
vided, however. that failure to notify
shall in no case prejudice the claim of
any Insured unless the Company shall
he actually prejudieed hy such failure
and then only to the extent of such
prejudice.
(c) The Company shall have the right
at its own cost to institute and prosecute
any action or proceeding or do any other
act which in its opinion may he necessary
or desirable to establish the title of the
estate or interest or the lien of the morl-
gage as insured: and the Company may
take any appropriate action under the
terms of this policy whether or not it
shall be liable thereunder and shall not
thereby concede liability or waive any
provision of this policy.
(d) In all cases where this policy
permits or requires the Company to prcs.
ecute or provide for the defense of any
action or proceedinp:. the Insured shall
secure to it the ri~ht to so prosecute or
provide defense in such action or pro.
ceeding, and all appeals therein, and per.
mit it to use, at its optio-n, the name of
the Insured for such purpose. Whenever
(Conditions and Stipulations Continued and Concluded on Last Page of This Policy)
CaYilo-rnia - Lculd Title Association
Standcud Coverage Policy Form
<;::opyrjght 1963
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SCHEDULE A
Effective Amount of liahilily: S 2,000.00
Date: September EI, 1971 at 8:01 A.M. .
Policy No: 7003784
Premium S 40.00
INSURED
CITY OF ARCADIA, a Municipal Corporation.
1. The estaLe or intere::-L in the land described or referred to III thi~ ~chedllle covered hy this policy is:
a fee
2. Title Lo the e::-tate or inLerest covered by thi~ policy at the date hereof is ve~le{1 in:
CITY OF ARCADIA, a Municipal Corporation.
;). The lall(l reCerred 10 in this policy i~ situate{1 in the Slale oC CaliCornia, County of Los A~geles
and is described as Collows:
That portion of Lot 1 in Block 83 of Arcadia'Santa Anita Tract, in
the City of Arcadia, as shown on Map recorded in Book 15 Pages
89 and 90 of Miscellaneous Records, in the Office of the County
recorder of said County, described as follows:
Beginning at the Southwest corner of said Lot 1; thence Northerly
along the Westerly line of said Lot, a distance of 50.00 feet to
the Northwest corner of said Lot; thence Easterly along the Northerly
line of said Lot to a line that is parallel with and distant Easterly
10.00 feet, measured at right angles", from said Westerly line of
Lot 1; thence Southerly along said parallel line to the beginning
of a tangent curve concave Northeasterly and having a radius of 15.00
feet, said curve also being tangent at its Easterly terminus to the
Southerly line of said Lot 1; thence Southeasterly along said curve
to said Easterly terminus; thence Westerly along the Southerly line.
of said Lot 1 to the point of beginning. '
.....Olllornlc L.ann 111ll! 1\1I110ClaUDn
Standard Coverage Polley form
Copyright 1963
SCHEDULE B
Thi;;; policy doe;;; not insure against 10:-''' or dalllage hy rt~a....on of the following:
PAHT I
I. Taxes or assessment:'> which are not shown a~ existilll! liell~ hy the rel'onb of any tl.lxinl! aUlhorily that le\'ie~
taxes or assessments on real property or by the puhlic rel'ord~.
2. Any fads. right::.. illtele~b. or duims \\hich are 1I0t sho\\1I hy the I'uhli(' reeonb hut \\hich ('ould he ascertained
hy all inspection of said land or by making inquiry of per~olls in l'o~:5e~~ion thereoL
;L Easements. claim::; of easement or eneumbrallcet- whidl arc lIot ~howll hy the puhlie recol'(I~.
.1. Dist;rei'allcie~. conflict,:; ill boundary linc~_ ~hortagc in area. (~llt'IOI.I(;hlllenb, or any olher faeL~ whil'h a !'l>rrccl
survey would disclose. and which <lrc not ~hown hy the puhlic rpl.ord....
5. Unpatented mining dailll~; ret-ervalioll~ or c:\l.clltion.... in IIUlt'lIl:-- III' ill At'l:-- alllllOri~ill~ the i~~Il<lIH't. thereof:
water rights. claims or tille to water.
PAWl' II
1. General and special taxes for the fiscal year 1971-1972,
a lien not yet payable.
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blocks 8/ and 83
AQCADIA
{Jock J2 Paqes.89 and 90 of Mise. Rec.
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THIS IS NOT A SURvEY OF THE LAND BuT IS COMPILED f.oR INFORMATION ONLY FROM O"TA SHOWflI BY OFfiCIAL RECORDS.
ST.
!i1 36 /45 Sl 50 50 50 50 50 50 50 50 50 50 50 50 ~/45 2/ Iii
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ST.
CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face)
requested by the Company the Insured
shall give the CompaflY all rea~onab~e
aid in any such action or proceedmg, m
effecting settlement, securing evidence,
ohtaining witnesses, or proseclltin.g or de.
fending such action or proceedmg, and
the Company shall reimburse the Insured
for any expense so incurred.
5. Notice of Loss ~ I..imitation of
Action
In addition to the notices required under
para~raph 4(b), 8 statement in writing
of any loss or damag~ for which it is
claimed the Company i~ liable under this
policy shall he furnished to the Company
within sixty da)'s after such loss or dam.
age shall have been determined and no
right of action shall accrue to the Insured
under this policy until thirty days after
sllch statement shall have been furnished
and no recovery shall be had by the In-
sured under this policy unless action shaH
be commenced thereon within five years
after expiration of said thirty day period.
Failure to furnish such statement of loss
or damage, or to commence such a~tion
within the time hereinbefore specified,
shall he a ronclllsive bar against main.
tenance b)' the Insured of allY action
under this policy.
6. Option to Pay, Settle or Compro-
mise Clnimtl
The Company shall have the option to
payor settle or compromise for or in the
name of the Insured llllY claim insured
against or to pa)' the f~l1 amount of this
policy, or, in case loss is claimed under
this policy by the owner of the indehted.
ness secured hy a mortgage covered by
this policy. the CompaflY shall have the
option to purchase said indebtedness; such
purchase. payment or tender of payment
of the full amount of this policy, top:ether
with all costs. attorneys' fees and ex.
penses which the Company is obligated
hereunder to pay, shall terminate all
liability of the Company hereunder. In
the event. after notice of claim has heen
t:t:iven to the Company by the Insured, the
Company offers to purchase said indebt-
edness, the owner of such indebtedness
shall transfer and assiJ!:n said indebtedness
and the mortA"aA"e securing the same to the
Company upon paymenl of the purchase
price.
7. Puymenl of Loss
(a) The Liabilit), of the Company
under this policy shall in no case exceed.
in all, the actual los~ of the Insured and
costs and attorneys' fee~ which the Com.
pan}' may he obligated hereunder to pay.
(ill The Company will pay, in addition
to any loss insured against by this policy,
all costs imposed uport the Insured in
litit:t:ation carried on by the Company for
the Insured, and all costs and attorneys'
fees in litigation carried on hy the Insured
P.2IS (O.S,)
with the written authorization of the
Company.
(c) No claim for damages shall arise
or he maintainable under this policy (1)
if the Company, after having received
notice of an alle~ed defect, lien or encum.
brance not excepted or excluded here.
in removes such defect, lien or encum.
brance within a reasonable time after
receipt of such nOlice, 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 as unmarketable
because of a defect, lien or encumbrance
not excepted or excluded in this policy,
until there has been a final detennination
by a court of competent jurisdiction sus-
taining such rejection.
(d) All payments under this policy,
except payments made for costs, attorneys'
fees and expenses, shall reduce the amount
of the insurance pro tanto and no payment
shall be made without producin~ this
policy for endorsement of such payment
unless the policy be lost or destroyed, in
which case proof of such loss or destruc-
tion shall be furnished to the satisfaction
of the Company; provided, howe\'er, if
the owner of an indebtedness secured by
a mortgage shown in Schedule B is an
Insured herein then such payments shall
not reduce pro tanto the amount of the
insurance afforded hereunder as to surh
Insured, except to the extent that such
payments reduce the amount of the in.
dehtedness secured by such mort~age.
Payment in full by any person or voluntary
satisfaction or release by the Insured of
a mortp:age covered by this policy shall
terminate all liability of the Company to
the insured owner of the indebtedness
secured by such mortgage, except as pro.
vided in paragraph 2 hereof.
(e) When liability has been definitely
fixed in accordance with the conditions
of this policy the loss or damage shall he
payable within thirty days thereafter.
8. Liability Noncumulative
It is expressly understood that the
amount of this policy is reduced by any
amount the Company may pay under any
policy insuring the validity or priority of
any mortp:age shown or referred to in
Schedule B hereof or any mortgap:e here.
after executed by the Insured which is
a charge or lien on the estate or interest
described or referred to in Schedule A,
and the amount so paid shall he deemed
a payment to the Insured under this policy.
The provisions of this paragraph num.
bered 8 shall not apply to an Insured
owner of an indehtedness secured by a
mortJ!:aJ!:e shown in Schedule B unless
such Insured acquires title to said estate
or interest in satisfaction of said indeht.
edness or any part thereof.
9. Subrogation upon Payment or
Settlement
Whenever the Company shall have
settled a claim under this policy, all right
of subrogation shall vest in the Company
unaffected hy any act of the Insured, and
it shall he subrogated to and be entitled
to all rights and remedies which the
Insured would have had 8J!:ainst any person
or property in respect to such claim had
. this policy not been issued. If the pay.
ment does not co\'er the loss of the In-
sured, the Company shall be suhroJ!:ated to
such riJ!:hts and remedies in the proportion
which said payment bears to the amount
of said loss. If loss should result from
any act of the Insured, such act shall
not void this policy, hut the Company, in
that event, shall be required to pay only
that part of any losses insured against
hereunder which shall exceed the amount,
if any, lost to the Company by reason of
the impairment of the right of suhrogation.
The Insured, if requested by the Company,
shall transfer to the Company all rights
and remedies against any person or prop.
erty necessary in order to per1er.t such
rif!;ht of subrogation, and shall permit
the Company to use the name of the
Insured in any transaction or litif!;ation
involvinp: such rights or remedies.
If the Insured is the owner of the in.
debtedness secured by a mortgage rovered
by this policy, such Insured may release
or suhstitute the personal liability of an)'
debtor or guarantor, or extend or other.
wise modify the terms of payment, or
release a portion of the estate or interest
from the lien of the mortga~e, or release
any collateral security for the indebted.
ness, provided such act does not remIt
in any loss of priority of the lien of the
mortp:ap:e.
10. Policy Entire Contract
Any action or actions or rights of action
that the Insured may have or may bring
al!:ainst the Company arisinp: out of the
status of the lien of the mortgage covered
by this policy or the title of the estate or
interest insured herein must he based on
the provisions of this policy.
No provision or condition of this policy
can be waived or changed except by
writing endorsed hereon or attached here-
to signed by the President, a Vice Pres.
ident, the Secretary, an Assistant Secre.
tary or other validating officer of the Com.
pany.
II. Notices, Where Sent
All notices required to be given the
Company and any statement in writing
required to be furnished the Company
shall be addressed to it at the office which
issued this policy or to its Home Office.
13640 Roscoe Boulevard, Panorama City,
California 91409.
12. THE PREMiUM SPECiFiED IN
SCHEDUI.E A IS THE ENTIRE
CHARGE FOR T1TI.E S~:ARCH,
TITl.E EXAMINATION AND T1TI.E
INSURANCE.
SECURITY TITLE
INSURANCE COMPANY
POLICY OF
TITLE
INSURANCE
~
s.
SeCURITY
TITLE
SECURITY TITLE
INSURANCE COMPANY
HOME OFFICE
13640 ROSCOE BOULEVARD
PANORAMA CITY, CALIFORNIA 91409
3444 WILSHIRE BOULEVARD
LOS ANGELES, CALIFORNIA 90054
SECURITY TITLE
INSURANCE COMPANY