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CERTIFICATE OF ACCEPTANCE
~K 03985 r G 947
II
I
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 9. 1968 , from or executed
by Earl V. Sauter and Julia G. Sauter . 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
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City Mana
The document thus described is hereby
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City Engineer'
approved as ~
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City At't /'
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CERTIFICATE OF ACCEPTANCE
~~ 03989 rG 425
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 Annette M. Roysdon , 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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The document thus described is hereby
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City Engineer
approved:~ ~ ~
-- City ~ Y
. CITY OF ARCADIA
.1.\J""J:
D-/t''$/O'
RECOROED IN OFFIIlIAL "ECOIlOS
Of LOS ANGELES C:OU~l'rv, CALIf.
FOil TITLE INSURANC" & TRUST co.
MAY 2 1&68 Ai 8 A.M.
RAY E, LEE! CountY. RKOrder:
AND WHEN RECORDED MAIl.. TO
I
Nomll City Clerk
Stre.! P.O. Box 60
Addrllu
City & Arcadia, Calif.
Slate L
I
~
SPACE ABOVE THIS LINE FOR RECORDER'S USE
MAlt TAX STATEMENTS TO
I
City of Arcadia
I
Street
Addreu
MAY
[FREE J-El
Name
City &
SlolllL
~
1968
Grant Deed
~
.0 T5 'J--
AFFIX -Ht:S: Suuuu u.um'u,u ABOVE
TO 405 C (4.67)
THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY
ANNETrE M. ROYSDON
FREE RECORDING REQUEST D
ESSENTIAL TO ACQUISITI N B~
The City of Arcadia
SE' Gov 0 e 1 3
hereby GRANT(S) 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, in, on, upon and across
FOR A VALUABLE CONSIDERATION, receipt of which is herehy acknowledged.
Ihe following described real property in the City of Arcadia,_ THIS NECESS/\RY IN CHAIN OF. [IJJ
County of Los Angeles , State of California:
That portion of the south half of Lot 384 of Tract No. 6561, in the City of Arcadia,
County of Los Angeles, State of California, as per map recorded in Book 72, Pages 34
and 35 of Maps, in the office of the County Recorder of said County, included within
the following described lines:
'Beginning at the southeast corner of Lot 383 of said Tract; thence westerly along the
southerly line of said Lot 383 to the beginning of a tangent curve, concave north-
westerly having a radius of 15.00 feet, said curve being tangent northerly to the
westerly line of the easterly 15.5 feet of said Lot 383; thence northeasterly along
said curve to said westerly line; thence northerly along said westerly line a distance
of 177.5 feet; thence northerly in a direct line to the point of intersection of the
westerly line of the easterly 12.00 feet of Lot 386 of said Tract with a line drawn at
right angles through a point in the northerly prolongation of the westerly line of said
easterly 15.5 feet of said Lot 383 and distant northerly along said line and prolonga-
tion 300.00 feet from the northerly terminus of said curve; thence northerly along the
westerly line of said easterly 12.00 feet to the northerly line of said Lot 386; thence
easterly along said northerly line to the easterly line of said Lot 386; thence southerly
along the easterly line of said Lots 386, 385, 384 and 383 to the point of beginning.
Dated
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Annet:r:e ~l. oysdon.
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STATE OF CALIFORNIA
LOS ANGELES
...
10 he the person_whose namp is
instrument and acknowledged that she
WITNESS my hand and official seal.
. known to me
subscribed to the within
executed the same.
'"
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OI"FICIt\L S-E~4L
FLORENCE E. NEERGARO
~o.:~R': _P~811C. CP.lIFOR~jjA
GRANT DEED
GRANT DEED
Title Insurance
and
Trust Company
" Title Insurance
and
Trust Company
COMPLETE STATEWIDE TITLE SERVICE
WITH ONE LOCAL CALL
COMPLETE STATEWIOE TITLE SERVICE
WITH ONE L<;lCAL CALL .
".- . ..
. ..- ..',
"
MARK H. BLOODGOOD
AUDITOR-CONTROLLER
.
COUNTY OF LOS ANGELES
DEPARTMENT OF AUDITOR-CONTROLLER
ROBERT A. GIl.1.
CHIEF DEPUTY
J. R. PASSARELLA, CHIEF.
TAX DIVISION
153 HALL OF ADMINISTRATION
LOS ANGELES, CALIFORNIA 90012
625-361 f
February 10, 1969
RECEIVED
FEB 11 1969
City of Arcadia
240 West Huntington Drive
Arcadia, California
Attention: Robert D. Ogle
City Attorney
CITY OF ARCAD1~\
. CITY .':\TIORt'l=:y
Re: Baldwin Avenue
Parcel No. 109
Gentlemen:
Pursuant to your letter dated May 10, 1968,
taxes have been cancelled in accordance ~ith Section
4986 of the Revenue and Taxation Code. This cancel-
lation vas ordered by the
visors October 29, 1968
Honorable Board of Super-
by Authorization No. 06314.
Very truly yours,
~.
BLOODGOOD, Auditor-Controller
By J. R. Passarella, Chief
Tax Division
JRP!EHP/tc
C;:;ITY ~l.JUNL-IL
DON W. HAGE
MAYOR
City of Arcadia
C, ROBE~T ARTH
MAYOR PRO TEM
EDWARD L. Bl.JTTERWORTH
ROBERT J, CONSIDINE
JAMES R. HELMS. JR.
~
240 WEST HUNTINGTON DRIVE
ARCADIA, CALIFORNIA
LYMAN H. COZAD
CITY MANAGER
CHRISTINE VAN MAANEN
CITY CLERK
May 10, 1968
Mr. John R. Passarella,
500 West Temple Street,
Los Angeles, California
Auditor-Controller
Room 153
90012
/'
Attention: Eleanor Parker, Tax Cancellation Section
'-
Subject:
Request for Cancellation of Taxes
Baldwin Avenue Parcel No. 109
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,
~~
ROB T D. GLE
City Attorney
RDO: jh
Ene.
~
MAILING ADDRESSES
CITY HALL P.O, BOX 60 91006
LIBRARY 20 w. DUARTE ROAD 91006
POl.ICE DEPARTMENT P. o. BOX 60 91006
FIRE DEPARTMENT 710 S_ SANTA ANITA AVE. 91006
TELEPHONES
446.4471 . 681-0276
446.7111
447.2121
446-2128
~II Y L.uUr.H....IL
DON W. HAGE
M....YOR
City of Arcadia
C. ROBl:.RT ARTH
M....YOR PRO TEM
EDWARD L, !3UTTERWORTH
ROBERT J, CONSIDINE
JAMES R. HELMS. JR.
~
240 WEST HUNTINGTON DRIVE
ARCADIA, CALIFORNIA
LYMAN H. COZAD
CITY ""ANAGER
CHRISTINE VAN MAANEN
CITY CLERK
May 10, 1968
Mr.
500
Los
John R. Passarella,
West Temple Street,
Angeles, California
Auditor-Controller
Room 153
90012
r--
Attention: Eleanor Parker, Tax Cancellation Section
'--
Subject:
Request for Cancellation of Taxes
Baldwin Avenue Parcel No. 109
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,
~~
ROB T Do GLE
City Attorney
RDO: jh
Ene.
1-
MAILING ADDRESSES
CITY HALL P. O. BOX 60 91006
LlBRA~y 20 W. DUARTE ROAD 91006
POLICE DEPARTMENT P. O. BOX 60 91006
FIRE DEPARTMENT 710 S, SANTA ANITA AVE. 91006
TELEPHONES
446-4471 . 681.0276
446.7'0
447.2121
446-2126
TO 1012.' F C
California land Title Association
Standard Coverage Policy Form
Copyright 196~
1893
POLICY OF TITLE INSURANCE
ISSUED BY
Title Insurance and Trust Company
Title Insurance and Trust Company, a California corporation, herein called the Company, for a valuable
consideration paid for this policy, the number, the effective date, and amount of which are shown in
Schedule A, hereby insures the parries named as Insured in Schedule A, the heirs, devisees, personal
representatives of such Insured, or if a corporation, its successors by dissolution, merger or consolidation,
against loss or damage not exceeding the amount stated in Schedule A, together with costs, attorneys'
fees and expenses which the Company may become obligated to pay as provided in the Conditions and
Stipulations hereof, which the Insured shall sustain by reason of:
1. Any defect in or lien or encumbrance on the title to the estate or interest covered hereby in the
land described or refecced to in Schedule C, existing at the date hereof, not shown oc referred to
in Schedule B or excluded from coverage in Schedule B or in the Conditions and Stipulations; or
2. Unmarketability of such title; or
3, Any defe<t 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 mongage upon the estate or interest referred to in this policy; or
.1. Priority over said mortgage, at the date hereof, of any ]ieR 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~t~tfi'}"'p:'\~~isions of Schedules A, Band C and to the Conditions and Stipulations
_- C -"~I
hereto annexed~ ~\."" AND IR,. \11
- ^ ~ 000000 v,s I,
: ~"" ooo';t.,,- IS Pf/~ooo l' 'i
;::'0 0,,0 0"'[ iv?'o. ^w}h f
j:f ~ oo~ ~.q.':."'f.(jlJ.U_n~.:v(l!ngss:;W'1 ereo 1 Title Insurance and Trust Company has caused its
.~ .... 0 ~ . "'"~ -<-. 0 - "d I b h ff' db . d ..
:? I.A,J g, ;...:. .~ '" -><7'" .c~{R~~~:!ngm~~. sea to e eteunto a Ixe y Its uly authonzed offICers
~ -.J O)~"'i:'~'",,"oWi"n.'the,dateshownjn ScheduleA.
r. I- 0 ".-. --cl..Uo y ~
~ _ 0-,.. ~ v.AII 0 Z %
" I- 0 '/.'" . . =,\"",. 0 ~ %
~ 0" 1\'; ...<&.... . ~!'ii.)1'..... ,,=g ~
'J ,,0'>' ';\\.Q. __ . f'W.. "0 ;..!
f) ,... {)o-s."^ '-':':~~3S ___<<..:g~'^,lvo)}.~
'I 0"" 'C ''''~c-.'., -.,.,<-voo :;;;-
I" (0 oOJr4TE '\S <;"000 ~ '.5
III $-4 00000000 v~V ..:
1\\\ IVGELES, .$'"
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Title Insurance and Trust Company
by ~~ ~SIDENT
Attest
~H-~
SECRETARY
CONDITIONS
AND STIPULATIONS
1. DEFINITION OF TERMS
The following terms wh~n used "in tbis'
policy mean:
(a) "land": the land described, specific-
ally or by reference, inHSchedu]e C and
improvements affixed thereto which by" law
constilUte rea] property;
(b) "public records": those records
which impatt constructive notice of matters
relating to said land;
(c) "knowledge": actual knowledge, not
constructive knowledge or notice which
may be 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 instrument; and
(f) "insured": the party or parties named
as Insured, and if the owner of the in-
debtedness 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 foreclosure, trustee's sale,
or other legal manner in satisfaction of
said indebtedness, and (3) any federal
agency or instrumentality which is an in-
surer or 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,
subjt'ct otherwise to 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 rhercof, 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
acquifes 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
covered 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 against loss
or damage by reasons of the following:
(a) Any law, ordinance or governmental
regulation (including but not limited 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 hereafter erected
on said land. or prohibiting a separation in
ownership or a reduction in the dimensions
or are,l of any 1m or parcel of land.
(h) 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 property beyond the
lines of the land expressly describeJ in
Schedule C, or title to Streets. roads, ave-
nues, lanes, wars or waterways on which
such land ahuts, or the right to maintain
Iherein vaults. tunnels. ramps oj' any other
structure or improvement; or aoy rights or
easements therein unless this policy specific-
ally provides. that such property, right.s or
easements are insured. except dwt if the
land abuts upon ont' or 1l10re.I'hysically
open streets or highways this policy insures
the ordinary rights of abutting owners for
access to one of stich .~treets or highways.
unless otherwise excepted Of excluded
herein,
(d) Defects, liens. encumbrances, adverse
claims against the title as insured or Other
matters (1) created, suffered, assumed or
agreed to hy 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 [his
policy and not shown by the puhlic tecotds.
unless disclosure thereof in writing by the
Insured shall have been made to the Com-
pany prior to the date of this policy: or (3)
resulting in no loss to the Insured Claim-
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 own cost and
without undue delay shall provide (I) 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 he
appropriate to establish the title of the
estate or interest or the lien of the mort.
gage as insured, which litigation or action
in any of such events is founded upon an
atleged defect, lten 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 or proceed-
ing shall be begun, or defense interposed,
or in case knowledge shall come to the In-
sured of any claim of tide or interest which
is adverse to the title of the estate or in-
terest or lien of the morrgage as insured,
or which might cause loss or damage for
which the Company shall or may be -liab]e
by virtue of this policy, or if the lnsured
shall in good faith contract to sel] the in.
Jebtedness secured by a murtgage covered
by rhis 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 mort-
gage covered by this policy refuses to pur-
chase and in any such event the ride 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 p]ead-
ings or if the Insured shall not, in writing,
promptly notify the Company of any de.
feet. lien or encumbrance insured against
which shall come to the knowledge of the
Insured. or if the Insured sh,lll not, in
writin,g. promptly notify the Company of
any such rejection by reason of claimed un.
marketabililY of tide. 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 un]css
rhe Company shall be actually prejudiced
by such failure and then only to the extent
of such prejudice.
(c) The Company shall have rhe right
at its own COSt to institute and prosecllte
any action or proceeding or do any othcr
act which in its opinion may be necessary
or desirable to establish the ritle of the
estate or interest or the lien of the mort.
gage ,1$ insured', ~1Cld the C()mpany may
take any appropriate action under the terms
of this policy whether or not it shall be
liable thereunder and shall not therehy
concede liability 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 such action or proceeding. and all
appeals therein, and permit it to use, at its
option, the name of the Insured for such
purpose. Whenever. requested by the Com-
pany the Insured shall give the Company
all reasonable aid in any sllch 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 witbin
sixty days after such loss or damage shall
have been determined, and no right of
action shall accrue to the Insured under
this policy until thirty days after such
statement shall have been furnished, and
no recovery shall be had by the Insured
under this policy unless action shall be
commenced thereon within five years after
expiration of said thirty day period. Failure
to furnish such statement of loss or dama,ge,
or to commence such action within the
time hereinbefof(- specified, shall be a con.
clusive bar against maintenann: by the In.
sured 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 to pay the full amount of this
policy, or, in case loss is claimed under this
policy by the owner of the indebtednes:-
secured by a mortgage covered by thi,~
policy, the Company shall have the option
to purchase said indebtedness; such pur-
chase, payment or tender of payment of
{Conditions and Stipulotiof'ls Continued end Concluded on Lost Page of This Policy)
"
mc
TO 1012-1 AB C
CaJjfomla land Tifle AS.!ocialjon
Standard Co....eroge Policy-1963
SCHEDULE A
Premium $ 7"0- CO
Amount $ 2,000 .00
Effective
Date May 2, 1968 at 8:00 a.m.
Policy No. 678n64
INSUHE'D
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.
z. The estate or interest in the land described or referred to 1Il Schedule C covered by this policy is
a fee.
SCHEDULE B
This poliey 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 facls, rights, interests, or claims which are not shown by the public records but which could be
ascertained by an inspection of said land or by making inquiry of persons in possession thereof.
3, Easements, claims of easement or encumbrances which are not shown by the puhlic records.
4. Discrepancies, conflicts 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 title to water.
TO 1012-18 Cont. e
California Lond Title Assoclatlan
Standard Coverage Palicy-1963
S C H E D U L E B - (Continued)
PART II
1. General and special county and city taxes
for the fiscal year 1968-1969, a lien not yet payable.
2. Covenants,
restrictions
Executed by
condtions and restrictions in the declaration of
Recorded
security Trust and Savings Bank (now
Security First National Bank of Los
Angeles)
prior to February 15, 1950 in bOQk
2679 page 48, Official Records.
3.. Covenants,
Executed by
Recorded
conditions and restrictions in the deed
: Security Trust and Savings Bank
: prior to February 15, 1950 in book 3089
page 65, Official Records.
Which provide that a violation thereof shall not defeat "or render
invalid the lien of any mortgage or deed of trust made in good faith
and for value.
4. An action in the
Commenced'
Enti tled
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
pa rcel No. 109
5. The following provision of the deed from Annette M. 'Roysdon,
to 'the City of Arcadia, a municipal corporation, recorded May 2,
1968::, JlGrants to the City of Arcadia, a municipal corporation,
in fee for public street and road p,urposes, to become a part of
and to be known as Baldwin Avenue. f
,"
10 l012-]-I056-1C C
American land Title Association Loon Policy
Additional Coveroge-1962
0'
California lend Tjlle Association
Standard Coverage Policy-1963
,c.
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 the south half of lot 384 of Tract No. 6561,
in the city of Arcadia, county of Los Angeles, state of California,
as per map recorded in book 72 pages 34 ,and 35 of Maps, in the
office of the county recorder of said county, included within
the following described lines:
Beginning at the southeast corner of lot 383 of said Tract; thence
westerly along the southerly line of said lot 383 to the beginning
of a tangent curve, concave northwesterly having a radius of
15.00 feet, said curve being tangent northerly to the westerly line
of the easterly 15.5 feet of said lot 383; thence northeasterly
along said curve to said westerly line; thence northerly along
said westerly line a distance of 177.5 feet; thence northerly in
a direct line to, the point of intersection of the westerly line
of the easterly 12.00 feet of lot 386 of said Tract with a line
drawn at right angles, through a point in the northerly prolonga-
tion of the westerly line of said easterly 15.5 feet of said~t
383 and distant northerly along said line and prolongation
300.00 feet from the northerly t~jnus of said curve; thence
northerly along the westerly line of said easterly 12.00 feet to the
northerly line of said lot 386; thence easterly along said
northerly line to the easterly line of said lot 386; thence
southerly along the easterly line of said lots 386, 385, 384 and 383
to the point of beginning.
.
,.... ...~- .-
"
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LRs TUNRS
N.IJ/"/O'E,
J6:. 6: 50 5050 50 50 G5 60 90 50 50 i 60
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., /f4.Jc7:,'I!.'<) !;;.y.# 30 50 50
~ 446 /'\'4:'3'({/<> - 130
/ >/ ? ~ ~ C:)
~ 447/:$:~g/435 ~ ~ 413 "
~ 44.~,~: / 434 ~" I!M" 60
~ f'r8'/ 433 ~ ~ 414 40fJ ~ ~
" :;,/ 45q/ r432-~" ~ r-;; 9:: "
~ ~'44/ I 431 '. ,.~I,'" ~ 'f1 ~'l2,:: .~ o.8~~, \ ~
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TRACT No. 656/
Mol' Book 72, Poges 34 & 3S
LOTS ,gaa To 459
@
This is not a survey of the land but is compiled for information by the
Title Insurance and Trust Company from data shown by the official records.
CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face)
, ..
[he full aJnoUf1t of this policy, to~ether
\\"ith all costs, ilttorneys' fees and expenses
which the Company is obligated hereunder
to pay, shaH tfrminate all ]iability of the;
Company hereunder. In the event, afrer
notice of claim has been given to the Com-
pan~' by the Insured, the Company offers
to purchase said indebtedness, the owner of
such indebtednt:ss shall transfer and assign
said indebtedne~s and the mortga~e securing
the same to the Company upon payment of
the purchase price.
7. PAYMENT OF lOSS
(a) The liabiliry of the Company under
this policy shall in no case exceed, in all,
the actual loss of the Insured and COStS and
attorneys' fees which rhe Company may be
obligated hereunder to pay.
(b) The Company will pay, in addition
to any Joss 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 carrit:d on by the Insured with
the written authorization of the Company.
(c) No claim for damages shall arise or
be maintainable under this policy (I) if
the Company. after having received notice
of an alleged defect, lien or encumbrance
not excepted (lr excluded herein removes
such defect, lifn 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 writtell consent of the Company,
or (3) in the event the title is rejected as
unmarketable because cif a defect. lien or
encumbrance nor excepted or excluded in
this policy, until there has been a final
determination hy a court of competent juris-
diction sustaining such rejection.
(d) All payments under this policy, ex-
cepr payments made {or costs, attorneys'
fees and expenses, shall reduce die amount
of the insurance pro tanto and no payment
shall be made without producing this policy
for endorsement of such payment unless
the policy he 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 indebtedness secured by a morrgage
shown in Schedule B is an Insured herein
then such payments shall not reduce pro
tanto th~ amount of the insuranc~ 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
.~ha]] terminate all liability of the Company
to the insured owner of [he indebtedness
s(;:'(ured by such mortgage, except as pro-
vided in paragraph 2 hereof.
(e) Wh~n liability has been definitely
fixed- in accordance with the conditions of
this policy the loss or damage shall be pay-
able 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 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 the 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 interesr in satisfaction
of said indehtedness or any part thereof.
9. SUBROGATION UPON PAYMENT OR
SETTLEMENT
Whenever the Company shall have settled
a claim under this policy, all right of sub-
rogation 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 p~rson or prop-
erty in respect to such claim had rhis policy
not been issued. If the payment does not
cover the loss of rhe Insured. the Company
shall be subrogated to such rights and
remedies in the proportion which said pay-
ment bears to the amount of said loss, If
@
loss shou]J result from an}" act of the In-
sured, such act shall not vuiJ this policy,
but the Companr, in that event. shall be
required to pay only that part of any losses
insured a~ainst hereunder which shall ex-
ceed the 'amount, if aoy, lost 10 the Com-
pany hy reason of the impairlllenr of the
right of subrogation. The Insured, if re-
quested by the Company, shall transfer to
the Company all rights and remedies
against any person or property necessary in
order to p(;rfect such right of subrogation,
and shall permit the Company to use the
name of the Insured in any transaction or
litigation involving such rights or remedies.
If the Insured is the owner of the in-
debtedness secured hy a mortgage covered
by this policy, such Insured may release or
substitute the persona] liability of any
debtor or guarantor, or extend 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 col-
lateral security for the indebtedness,_ pro-
\'ided such act does not result in any loss
of priority of the lien of the mortgage,
10. POLICY ENTIRE CONTRACT
Any aCtion or actions or rights of action
rhat the Insured may have or may bring
against the Company arising out of the
status o{ the lien o{ the monga~e covered
by this policy or the ride of the esrate or
interest insured herein must be based on
the provisions of rhis policy.
No provision or condition of this policy
can be waived or changed except by writing
endorsed hereon or attached heff~to signed
by the President. a Vice President. th(.
Secretary, an Assistant Secretary or other
validating officer of the Company.
11. NOTICES, WHERE SENT
All notices required to be givt:n the Com-
pany and any statement in wririo,:!; required
to be furnished the Company shall be ad-
dressed to it at the office which issued this
policy or to its Home Office, 433 South
Spring Street, Los Ange]es ~4. 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
"-OUNOEO IN '8"3
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 subsidiary Companies.
Title Insurance
and
Trust Company
Home Ollice
433 South Spring Street
Los Angeles 54, California
.-