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CERTIFICATE OF ACCEPTANCE
~K 0398SrG 941
This is to certify that the interest in real property conveyed or transferred
to the City of Arcadia, a municipal corporation, by the deed, grant, conveyance
or instrument dated April 10, 1968 , from or executed
by Joseph Reynolds and Charlotte Reynolds , 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
authori ed officers,
The document thus described is hereby
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Ci ty Engineer
approve~o form,
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City /
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CITY OF', ARCADIA
AND WHEN RECORDED MAIL TO
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Nom. City Clerk
Str..t P.O. Box 60
Addr...
City & Arcadia, Calif.
5101. L
MAil TAX STAUMENTS TO
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Name City of Arcadia
Street
Addreu
City &
Slale L
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un UvJUv I U "'''TV
RECOROED IN OFFICIAL RECORDS
OF LOS ANGELES COUNTY. CALIF.
I FOR TITLE INSURANCE & TRUST CO.
APR 30 1968 AT 8 A.M.
RAY E. LEE, County Recorder:
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SPACE ABOVE l'HIS LINE FOR RECOROER'.SUSE------.J
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$3.30
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DOCUMENTARY
'STAMI'~.TAX"'"
- ~-'Lfj.";.~ ~- _
Grant Deed
/) - "30
AFFIX ~,1:_u5uum
. . ABOVE
TO 405 C (4.67)
THIS FORM FURNISHEO BY TITLE INSURANCE AND TRUST COMPANY
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
JOSEPH REYNOLDS and CHARLOTIE REYNOLDS THIS NECESSARY IN CHAIN .OF IllL'E
ereby GBANT(lO) to the CITY OF ARCADIA, a Municipal Corporation,
/N. FI:E .
for pub11c street and road purposes, to become a part of and to be known
~s Baldwin Avenue, in, on, upon and across
the following described real property in the Ci ty .of Arcad.ia,~
County of Los Angeles - , State of California:
That portion of Lot 44 of Tract No. 6641, in the City of Arcadia, County of Los Angeles,
State of California, as per map recorded in Book 126, Page 67 of Maps, in the office
of the County Recorder of said County, described as follows:
FREE RECORDING REQUESTED
ESSENTIAL TO ACQUISITION BY
The.. (21 t~ of Arcadia
::;1:';1:'; Gov t I.;ode~ blUj
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Beginning at the northwest corner of said lot; thence easterly along the northerly line
of said lot to the beginning of a tangent curve concave southeasterly having a radius
of 15.00 feet, said curve being tangent southerly to the easterly line of the westerly
17.00 feet of said lot; thence southwesterly along said curve to said easterly line;
thence southerly along said easterly line to the southerly line of said lot; thence
westerly along said southerly line of said lot to the westerly line of said lot; thence
northerly along said westerly line to the point of beginning.
On
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Dated
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STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
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signed. a N tury Public in and for said State. personally appeared
Joseph Reynolds and Charlotte Reynolds
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before me, the under.
to be the personS-whose name S ::irp
instrument and acknowledged that t hey
WITNESS m)' haud and official seal.
. known to me
subscribed to the within
executed till: samt'o
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~"".""..,. OFF1Cl A[ SF' A]
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, r .\'~ FLORENCE E. NEERGARD
("'h~) NOTARY PUBIII': _ r.ll.11j:/l0~1I^
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GRANT DEED
Title Insurance
and
Trust Company
COMPLETE STATEWIDE TITLE SERVICE
WITH ONE LOCAL CALL
,- ...
GRANT DEED
Title Insurance
and
Trust Company
COMPLETE STATEWIDE TITLE SERVICE
WITH ONE LOCAL CALL
". .
.~ -.t#t' O"J
MARK H. BLOODGOOD
AUQITOR.CONTROLLER
COUNTY OF LOS ANGELES
DEPARTMENT OF AUDITOR-CONTROLLER
153 HALL OF ADMINISTRATION
LOS ANGELES, CALIFORNIA 90012
625.3611
March 19, 1969
Cityof Arcadia
240 West Huntington
Arcadia, California
Drive
91006
Attention: Robert D. Ogle
City Attorney
Re: Baldwin Avenue
Parcel No. 106
Gentlemen:
Pursuant to your letter dated May 9, 1968,
taxes have been cancelled in acc'.,rdance with Section
4986 ~f the Revenue and Taxation C~de. This cancel-
lation was ordered by the Honorable Board of Super-
visors Oct. 29, 1968 by Auth"rization No. 06325.
Very truly y~urs,
MARK H. BLOODGOOD, Auditor-Contr'lller
/~e.12
trJ J. R. Passarella, Chief
Tax Division
JRP!EHP!ejrl
ROBERT A, GILL
CHIEF DEPUTY
J, R. PASSARELLA, CHIEF,
TAX DIVISlON
RECEiVED
MAR 2 5 1969
.CITY OF ARCAD: 1\
CITY 6.TTORNEY
CIT,Y COUNCIL
DON W. HAGE
MAYOR
City of Arcadia
c. ROBERT ARTH
MAYOR PRO TEM
EDWARD L, BUTTERWORTH
ROBERT J. CONSIDINE
JAMES R. HELMS, JR.
~
240 WEST HUNTINGTON DRIVE
ARCADIA, CALIFORNIA
LYMAN H. COZAD
CITY MANAGER
CHRISTINE VAN MAANEN
CITY CLERK
May 9. 1968
Mr.
500
Los
John R. Passarella,
West Temple Street,
Angeles, California
Auditor-Controller
Room 153
90012
Attention: Eleanor Parker, Tax Cancellation Section
Subject: Request for Cancellation of Taxes
Baldwin Avenue Parcel No. 106
Dear Mr. Passarella:
Please cancel as of the date of recording all taxes on
the property described in the enclosed copy of deed. This prop-
erty is part of a larger parcel acquired for street widening
purposes. There is no building on it.
Very truly yours,
RDO: jh
Ene.
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MAILING ADDRESSES
CITY HALL P. o. BOX eo 91006
LIBRARY 20 W. DUARTE ROAD 91006
POLlCE DEPARTMENT P. O. BOX 60 91006
FIRE DEPARTMENT 710 S. SANTA ANITA AVE. 91006
TELEPHONES
446_4471 . 681_0276
446.7111
447-212.1
446.2128
TO 1012-1 F C (10-67)
California land Title Assoeiotion
Standard CClveroge Policy Form
Copyright 1763
POLICY OF TITLE INSURANCE
ISSUED BY
Title Insurance and Trust Company
Tide Insurance and Trust Company, a California corporation, herein called the Company, for a valuable
consideration paid for this policy, the number, the effective date, and amount of which are shown in
Schedule A, hereby insures the parries named as Insured in Schedule A, the heirs, devisees, persona]
representatives of such Insured, or if a corporation, its successors by q.issolurion, merger or consolidation,
against loss or damage not exceeding the" amount stated in Schedule A, together with costs, attorneys'
fees and expenses which the Company may become obligated to pay as provided in the Conditions and
Stipularions hereof, which rhe Insured shaH sustain by reason of:
1. Any defecc in or lien or encumbrance on the tit]t' to the estate or intt'rt'st covered hereby in tht:
land described or referred to in Schedule C. existing at the date hereof, not shown or referred tu
in Schedule B or excluded from coverage in Schedule B or in the Conditions and Stipulations; or
2. Unffiarketability of such title; or
3. Any defect in che 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 insufar as such defect affects the
lien or charge of said mortgage upon the estate or interesc referred to in this poiicy; or
-I. Priority over said mortgage, at the dace hereof, of any lien or encumbrance not shown or referred
to in Schedule B, or excluded from coverage in the Conditions and Stipulations, said m"ortgage
being shown in Schedule B in the order of its priority;
all subJ"ect, however,~Th'1~'~p1~~rsions of Schedules A, Band C and to the Conditions and Stipulations-
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hereto annexed;:'- ~t."" AND fill! \1'
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j::f ~ oo~ ~4{l"1-"'11;U~''l.!zI.':JP''i~nl!.ssdP'fereof, Title Insurance and Trust Company has caused its
:; ,"':: 00 f!' ",."'" 1) co'lk6rat~;8am~.a~.Id seal to be hereunto afftxed by its duly authorized officers
~ "'" ot'-'''-,- ~?r ,,' ,'cd" 0 .... ,.' d
f;; -oJ O~'\..-~"'--(.:f~fon-the a~e~shownlln Sche ule A,
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Title Insurance and Trust Company
by
~~~~NT
Atteft c:JW lif-~
SECRETARY
CONDITIONS
AND STIPULATIONS
1. DEFINITION OF TERMS
The following terms when used in this
policy mean:
(a) "land": the land described, specific-
ally or by tderence, in Schedule C and
improvements affixed thereto which by law
consrimte real property;
(b) "public records": those records
which impart constructive notice of matters
relating to said land;
(c) "knowledge": actual knowledge, not
Consrructive knowledge or notice which
may be imputed to the Insured by reason
of any public records;
(d) "date": the effe<tlve date;
(e) "mortgage": mortgage, deed of trust,
trust deed, or other security instrument; and
(f) "insured": the party or parries named
as Insured, and if the owner of the in-
debtedness secuted by a mortgage shown in
Schedule B is named as. an Insured in
Schedule A, the Insured shall jnclude (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 foreclosure, trustee's sale,
or other ]egal manner in satisfaction of
said indebtedness, and (3) any federal
agency or instrumentality which is an in.
surer or guarantor under an insurance con-
tract or guaranty insuring or guaranteeing
said indebtedness, or any part thereof,
whether named as an insured herein or not,
subject otherwise to the provisions hereof.
2. aENEFITS AFTER ACQUISITION OF TITlE
If an insured owner of the indebtedness
secured by a mortgage described in Sched-
u]e 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 ihsurance
contract or guaranty insuring or guarantee-
ing the indebtedness secured by a mortgage
covered by [his policy, or any part thereof,
this policy shall continue in force in favor
of such Insured, agency or instrumentality,
subject to all of the conditions and stipula-
tions hereof.
3. EXCLUSIONS FROM THE COVERAGE OF
THIS POLICY
This policy does not insure against ]os~
or damage by reasons of the following:
(a) Any law, ordinance or governmental
regulation (including but not limited to
building and zoning ordinances) !estricting
or regulating or prohibiting the occupancy,
u~e or enjoyment of the land, or !egulating
the character, dimensions, or location of
any improvement now or hereafter 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.
(h) Governmental !ights of police power
or eminent domain unless nOlice of the
exercise of such rights appears in the public
records at the date hereof,
(c) Title to any property beyond the
lines of the land expressly described in
Schedule C, or title to streets, roads, ave-
nues, lanes, ways or waterways on which
such land abuts. or the ri}:ht to maintain
therein vaults. runnels, ramps or an}' other
structure or improvement; or any rights or
easements therein unless this policy specific.
ally provides that such property. rights or
easements are insured. except that if the
land abuts upon one or more physical]y
open streets or highways this policy insures
the ordinary rights of abutting (lwners for
access to one of such streets or highways.
unless otherwise excepted or excluded
herein,
(d) Defects, liens, encumbrances, adverse
claims against the title as insured or other
matters (I) created, suffered, a~sumed or
agreed to by the Insured claiming loss or
damage; or (2) known to the Insured
Claimant either at the date of this policy
or at the date such Insured Claimant ac-
quired an estate or interest insured by this
policy and not shown by the puhl ic records,
unless disclosure thereof in writing hy the
Insured shall have been made to rhe Com-
pany prior [0 the date of this policy; or (3)
resulting in no loss to the Insured C]aim-
ant; or (4) attaching or created subsequent
to the date hereof.
(e) Loss or damage which would not
have been sustained if the Insured were a
purchaser or encumbrancer for value with-
out knowledge.
4. DEFENSE AND PROSECUTION OF ACTIONS
-NOTICE OF CLAIM TO BE GIVEN BY
THE INSURED
(a) The Company, at its OWll cost and
without undue delay shall provide (1) for
the defense of the Insured in all litigation
consisting of actions or proceedings com-
menced against the Insured, or defenses,
restraining orders, or injunctions interposed
against a foreclosure or sale of the mort-
gage and indebtedness 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 title of the
estate or interest or the lien of the mort.
gage as ins.ured, which litigation or action
in any of such events is founded upon an
alleged defect, lien or encumbrance in-
sured against by this policy, and may pur-
sue any litigation to final determination in
the court of last resort,
(b) In case any such action Of proceed-
ing shall be begun, or defense interposed,
or in case knowledge shall come to the In-
sured of <tny claim of title or interest which
is adverse to [he title of the estate or in-
terest or lien of the mortgage as insured,
or which might cause loss or damage for
which the Company shall or may be liable
by virtue of this policy, or if the Insured
shall in good faith contract to sell the in-
debtedness secured by a mortgage c{}\,ered
by this policy, or, if an Insured in good
faith leases or contracts to sell lease or
mortgage the same, or if the 'successfu]
bidder at a foreclosure sale under a mort.
gage covered by this policy refuses to pur-
chase and in any such event the title to
said estate or interest is rejected as un-
marketable, the Insured shall notify the
Company thereof in 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 shall not, in writing,
promptly notify the Camp.my of any de-
feet. lien or encumbrance insured against
which shall come to the knowledge of the
Insured, or if the Insured shall not. in
writing, promptly notify the Company of
any such rejection by reason of claimed un-
marketability of title, then all liability of
the Company in regard to the subject matter
of such action, proceeding or matter shall
cease and terminate; provided, however.
that failure to notify shall in no case
prejudice the claim of any Insured unless
the Company shall be actually prejudiced
by such failure and then only to the extcnt
of such prejudice.
(c) The Company shall have the right
at its own cost to institute and prosecute
any action or proceeding or do any other
act which in its opinion may be necessary
or desirable to establish the tide of the
estate or interesr or the lien of the mort-
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 nor thereby
concede liabi]ity or waive any provision of
this policy.
(d) In all cases where this policy per-
mits or requires the Company to prosecute
or provide for the defense of any action
or proceeding, the Insured shall secure to
it the right to so prosecute or provide de.
feose in su<:h action or proceeding. and all
appeals therein, and permit it to use, at its
option, the name of the Insured for such
purpos!:', Whenever requested by the Com-
pany the Insured shall give the Company
all reasonable aid in any such action or
proceeding, in effecting settlement, securing
evidence. obtaining witnesses. or prosecu-
ting or" defending such action or proceed-
ing, and the Company shall reimburse the
Insured for any expense so incurred,
5. NOTICE OF LOSS - LIMITATION OF
ACTION
In addition to the notices required under
paragraph 4 (b), a statement in writing of
any loss or damage for which it is claimed
the Company is liable under this policy
shall be furnished to the Company within
sixty days after such loss or damage shall
have been determined, and no right of
action shan acCtue to the Insured under
this policy until thirty days after such
statement shall have been furnished, and
no recovery shall be had by the Insured
under this policy unless action shall he
commenced thereon within five years after
expiration of said thirty da( period, Failure
[Q furnish such statement 0 loss or damage.
or to commenCe such action within the
time hereinbefore specified, shall be a con.
c1usive bar against maintenance by the In~
sllred of any action under this policy,
6, OPTION TO PAY, SETTLE OR COMPRO-
MISE CLAIMS
The Company shall have the option to
payor settle or compromise for or in the
name of the Insured any claim insured
against or co pay the full amount of this
policy, or, in case loss is claimed under this
policy by [he owner of the indebtednl'ss
secured by a mortgage covered by !his
policy, the Company shall have the option
to purchase said indebtedness; such pur-
ch;:.se, payment or tender of payment of
(Conditions and Stipulations Continued and Cancluded on Last Poge of This Policy)
ULv
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TO 1012-1 AB C
CaliflJrnia land Title Association
Standard C:overoge Policy-1963
SCHED'ULE A
,
Premium $ -'I/,j, t)"
Amount $ 2,000.00
EI'fccti vc
Date April 30, 1968 at 8:00 a.m.
INSURED
Policy No. 678n61 .
CITY OF ARCADIA, a municipal corporation.
1. Title to the estate or interest covered by this policy at the date hereof is v~sted m:
CITY OF ARCADIA, a municipal corporation.
2. The estate or interest in the land described or referred to m 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 I
1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that
levies taxes or assessments on real property or by the public records.
2. Any facts, rights, interests, or claims which are not shown '. by the public records but '\','hich could be
ascertained by an inspection of said land or by making inquiry of persons in possession thereof.
3. Easements, claims of easemQnt or encumbrances which arc not shown by the public records,
4. Discrepancies, conflicts in boundary Jines, 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 title to water.
Mfh
TO 1012.18 Cont, C
Colifornia Land Tille Auodafion
Stondard Coverage Pollcy_1963
"
SCHEDULE B- (Continued)
PART II.
1. General and special county and city taxes
for the fiscal year 1968-1969, a lien not yet payable.
, ,
conditions and restrictions in the deed
Arcadia Investment and Development
Company
prior to,~ebruary 15, 1950 in book
9753 page 20, Official Records
Which provide that a violat~on thereof shall not defeat or render
invalid the lien of any mortgage or,deed of' trust made in good
faith and for value.
2. Covenants,
Executed by
Recorded
Case No.
Nature of Action
Affects
Superior Court
March 22, 1968
City of Arcadia, a municipal corporation
vs. Elizabeth Rowse Wilson, et al.
929015, .Los Angeles County
public right of way
parcel No. 106
3. An action in the
Commenced
Entitled
Notice of the pendency
Recorded
,
of said action was
March 22; 1968 in book M 2807 page,
805, Official Records' as instrument
3066
No.
i\
4. The following provision of the deed from Joseph Reynolds
and Charlotte Reynolds to the City of Arcadia, a municipal corporation,
recorded April 30, 1968: "Grants to the City of Arcadia, a municipal
corporation, in fee for public street and road purposes, to become
a part of and to be known as Baldwin Avenue. ,!'
TO 1012-1-1056-1(; C
American land Titlll' Association loan Policy
Additional Coverage-1962
0'
Calif<:>rnio land Title Association
Standard Coverage Policy-1963
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 44 of Tract No. 6641, in the city of Arcadia,
county of Los Angeles, state of California, as per map recorded
in"book 126 page 67 of Maps, in the office of the county recorder
of said county, described as follows:
Beginning at the northwest corner of said lot; thence easterly
along the northerly line of said lot to the beginning of a
tangent curve concave southeasterly having a radius of 15.00
. feet, said curve be.ing tangent southerly to the easterly line .of
the westerly 17.00 feet of said lot; thence southwesterly along said
curve to ~aid easterly line; thence southerly along said easterly
line to the southerly line of said lot; thence westerly along
said southerly line of said lot to the westerly line of said lot;
thence northerly along said westerly line to the point of
beginning.
.
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TRACT NQ
M. B. /26
664/
- PB. 67
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This is not a survey of the land. but is compiled for information by the
Title Insura'nce and Trust Company from data shown by the official records.
.
CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face)
rhe full amount of this policy. to~c:ther
\\- ith all costs, attorneys' fees and expenses
which the: Company is obligated hereunder
[() pay, shall terminate all liability of the
Company hereunder. In the event, after
noticl' of claim has been given to the Com.
pany by the Insured, the Company offers
to purchase said indebtedness, the OWner of
such indebtedness shall transfer and assign
said indebtedness and the mortgage securinF
the same to the Company upon payment of
the purchase price.
7. PAYMENT OF LOSS
(a) The liability of ,he Compa.ny under
this policy shall in no case exceed, in aI!,
the actual loss of the Insured and COstS and
attorneys' fees which the Company may be
obligated hereunder to pay,
(b) The Company will pay, in addition
to any loss insured against by this policy,
all COStS imposed upon the Insured in liti-
gation carried on by the Company for the
Insured, and all costS and attorneys' fees in
litigation carried on by the Insured with
the written authorization of the Company,
(c) No claim for damages shall arise or
be maintainable under this policy (1) if
the Company, after having received notice
of an alleged defect, lien or encumbrance
not excepted O( excluded herein remove.~
.)Uch defect, lien or encumbrance within a
reasonable time after receipt of such notice.
or '(2) for liability voluntarily assumed by
the Insured in settling any claim or suit
without written consent of the Company,
or (3) in the event the tide is reje<:ted as
unmarketable because nl a defect, lien or
encumbrance not excepted or excluded in
this policy, until there has been a final
determination by a (ourt of competent juris.
diction sustaining such rejection.
(J) All payments under this policy, ex.
cept payments made for costS, attOrneys'
fees and expenses, shaH reduce the amount
of the insurance pro tanto and no payment
shall be made without producing this policy
for endorsement of such payment unless
the policy be lost or destroyed, in which
case proof of such loss or destruction shall
be furnished to the satisfaCtion of the Com-
pany; provided. however. if the owner of
an inJdltedness 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 such Insured, except to the
extent that such payments reduce the amount
of the indebtedness secured by such mort-
,gage, Payment in full by any person or
voluntary satisfaction or release by the In.
sured of a mortgage 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 wirh the conditions of
this policy the loss or damage shall be pay-
able within thirty days thereafter.
8. LIABILITY NONCUMULATfVE
It is expressly understood that the
amount of this policy is reduced by any
amount the Company may pay under any
policy insuring the validity or priority of
any mortgage shown or referred to in
Schedule B hereof or any mortgage here-
after executed by the Insured which is a
charge or lien on the estate or interest
described or referred to in Schedule A, and
the amount so paid shall be deemed a pay-
ment to rhe Insured under this policy. The
provisions of this paragraph numbered 8
shall not apply to an Insured owner of an
indebtedness secured by a mortgage shown
in Schedule B unless such Insured acquires
title to said estate or interest in satisfaction
of said indebtedness or any part thereof.
9. SUBROGATION UPON PAYMENT OR
SETTLEMENT
Whenever the Company shall have settled
a claim under this po]icy. all right of sub-
rogarion shall vest in the Company un-
affected by any act of the Insured, and it
shall be subrogated to and be entitled to
all rights and remedies which the Insured
would have had against any person or prop-
erty in respect co such claim had this policy
not been issued. If the payment does not
cover the loss of the Insured, the Company
shall be subrogated to such rights and
remedies in the proportion which said pay-
ment bears to the amount of said Joss. If
l(ls.~ should fesulr fmOl <lOr aCt of che In-
sured. such aCt shall not void this policy.
but the Company. in that t'vent, shall be
required to pay only that parr of any losses
insured a~ainst hereunder which shall ex-
ceed the amount, if any, lost to the Com-
pany by reason of the impairment of the
right of suhro,gation, The Insured, if re-
quested by the Company, shall transfer to
the Company all rights and remedies
against any person or property necessary in
ordt.:r to perfect such righr of subrogation,
and shall permit the Company to use the
name of the Insured in any transaCtion or
]jtigation involving such rights or rt'mt'dies.
If the I nsu{ed is the owner of the in-
debtedness securt'd by a mortgage covered
by this policy, such Insured may release or
substitute the persona] liability of any
debtor or guarantor, or ex rend or otherwise
modify the terms of payment, or release
a portion of the estate or interest from the
lien of the mortgage, or release any co]-
lateral .~e(urity for rhe indebtedness, pro.
\"ided such act does nO[ rt'sult in any loss
of priority of the lien of the mortgage.
10. POLICY ENTIRE CONTRACT
Any action or actions or rights of action
[hat the Insured may have or may bring
againsr the Company arising out of the
status of the lien of the mortgage (Overed
by this policy or the title of the estate or
interest imured herein must be baR'Xl on
the provisions of this policy.
No provision or condition of this policy
(an be waived or changed except by writing
endorsed hereon or attached hereto signed
by rhe President, a Vice President. the
Secretary, an Assistant Secretary or other
n]idating officer of the Company.
11. NOTICES, WHERE SENT
All notices required to be given rhe Com-
pany and any statement in writing n:quired
to be furnished the Company shall he ad-
dressed to it at the office which issued this
policy or to irs Home Offici', 433 South
Spring Street, Los Angeles 54, California,
12. THE PREMIUM SPECIFIED IN SCHEDULE
A IS THE ENTIRE CHARGE FOR TITLE SEARCH,
TITLE EXAMINATION AND TITLE INSURANCE.
@
Title Insurance and Trust Company
FOUNDED IN ...03
POLICY
OF
TITLE
INSURANCE
Offering complete title services throughout the
state of California with just one local call.
Complete title services also available in the states
of Alaska, Nevada, Oregon and Washington
through s~bsidiary Companies.
Title Insurance
and
Trust Company
433 South Spring Street
Los Angeles, California 90054
~