HomeMy WebLinkAboutD-1152
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CERTIFICATE OF ACCEPTANCE
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BKOl393pcZ92
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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 September 20,1961,
from or executed by Herbert A. Wegmann and Mildred M, wegmann,
is hereby accepted by the City or Arcadia by the order or authori-
,
z~tion of the City Council of the City of Arcadia contained in
Resolution No. 2963, adopted January 21, 1958, and recorda in the
office of the Recorder of Los Angeles County on Janua 2, 1958
as instrument No. 3069 in Book 56448, Page 264, Offic al ecords of
Lqs Angeles County; and the City of Arcadia consent ,e ecorda-
t~on tZh reof by its duly authorized officers.
'- .~~(d~
. y Manager .
The document thus described is hereby approved as to form.
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RECORDED IN OFFICIAL RECORDS
AND WHEN RECORDED MArL TO OF LOO ANGELES COUNTY. CALIF.
I f'OR Tlfl& INiURANl:E & mUST co. i- 620 "
r- City of Arcadia .1 OCT 20 1961 AT 8 A.M.
Name I '
Slreet 240 West Huntington Drive KM Ii. Ld, County Recorder ...., /
Addretl I r. ~E II s3
j)().L. ;(/If
City & Arcadia, Ca1.iforn1a.
SlaloL I ~
SPACE ABOVE THIS LINE FOR
Grant Deed
AFFIX I.B.s. $--.-11.,50. ..,I~ TillS SP,\CE
I THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY
I
FOH A VALUABLE CONSIDEBATIOl\', receipt of which is hereby acknowledged, ,..
hmmERT A~ wmMAN~and MILDRED M~ wmMANf husband and wife
: I ~., 'ivJJ,.,W. ~
hereh)j CRANT(S)~ to '.' 11 F'
CITY OF ARCADIA, a Municipal Corporation
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the following descrihed real property in the City of Arcadia th
countt of Los Angel.es , state of California: ~'1
The West 60 feet of Lot 9, and all of Lot 10, &"0- W ~ ~ l
in TraCt 6<YT4, 'as per map recorded in Book 67
Page 83 of Maps, in the office of the County
Recorder of said County.
~....-.....
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Dated:,
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STATE OF CALIfORNIA _ U r. l
couNn'loF d: iJ:> ~~ I 55,
Or> " ~ 'J-'" 1'1" before me the under-
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Signed., II No y Pu1llic in a2d for said Cq.unty and State, peJ'&onally
appeared I .JL.-v6.-t.A-T Cl W '
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.t..~,. '.1"'..~~" , known to me
to be the p~rso~w~~'~i>n;ri:~~t~-. ~-ubscribed to the within
instrumentla~d ac~no\.\l;dged 'tliat''': :q~xecuted the same.
r ~'... 'r~'-. ,J -... - W.J.LAURIN. Notery Public in Bnd lor
V; ITNF.SS m)'"' han IInu/offtr'lU;; "f'<11. ' - th C ty f L A I St t f C l" I
, .'. <Z '" t.:. r' -"- ~ .,. 0 oun 0 os "go C'S, a It 0 oil llarn.
lSeal) ". " .:t" ~. '1 ." My Commiuion Expiros Fob. I, 1965
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Signat~~' ',~'Y'_ '. ~ )
<0 ~.,t.". j :- "": .: '..
'f) "'. -t. '.Nam~ (Typed or Printed)
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'.'1 Not'!y 8ublic in and for said County and State
If excc~ted by a ,Corporation the Corporation Form of
Acknowledgment must be used.
I
Sentember 20, 1q61
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Tille Order No.
'5674085
Escrow No.
551q
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3981-61 ,
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ITLE INSURANCE
AND
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rRUST COMPANY
-
FRESNO COUNTY
1246 "L" STREET, FRESNO
1469 BELMONT AVENUE, FRESNO
INyo.MoNO COUNTIES
.149 NORTH EDWARDS STREET, I~DEPDDENCE
KERN COUNTY
17TH Ar.O "I" STREETS, BAKERSFIELD
1331 CIIEsn:R AVENUE, BAKERSFIELD
ORANGE COUNTY
800 NORTH :\IAIN STREET, SANTA ANA
SAN LUIS OBISPO COUNTY
1141 CUOHRD STREET, SAN LUIS OBISPO
SANTA BARBARA COUNTY
36 EAST FICUEROA STREET, SANTA BARBARA
TULARE COUNTY
320 WEST MAIN STREET, VISALlA
VENTURA COUNTY
101 SOUTH CHESTNUT STREET, VENTURA
542 SOUTH "A" STREET. OXNARD
Subsidiary Companies
IONEER TITLE INSURANCE COMPANY
SAN BERNARDINO COUNTY
340 FOURTH STREET, SAN BERNARDINO
IMPERIAL COUNTY
600 MAIN STREET, EL CENTRO
... - RIVERSIDE COUNTY
3490 TENTH STREET, Rl\'ERSWE
UNj0N TITLE INSURANCE COMPANY
SAN DIEGO COUNTY
220 "A" STREET, SAN DIEGO
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GRANT DEED
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DATED
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tItIi,t.~ lNSURANCE
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'.' ',,. 'IH)~'E OFFICE (,
433 SOUTH SPRI"G STREET, Los ANGELES 54
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GRANT 'DEED
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DATED
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TITLE INSURANCE
AND
TRUST COMPANY
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INCORPORATEO 1893
HOME OFFICE
433 SOUTH SPRING STREET, Los ANGELES 54
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TITLE INSURANCE
AND
TRUST COMPANY
FRESNO COUNTY
1246 "L" STREET, FRESNO
1469 BELMONT AVENUf., FRESNO
INYO-MONO COUNTIES
149 NORTH EDWAllU,> STREET, hDEI'.....DENCE
KERN COm,TY
17TH Ar\O "I" STREETS, RAKEH~f1I:.LD
1331 CtU:~n.R AVENUE, BAKERSFIELD
ORA~GE COU:"lTY
800 NORTH :\IAI!'i STREET, SA !'iTA ANA
SAN LUIS OBISPO COU;";TY
1141 CHORRO STIIEET, SAN LUIS Qmspo
SANTA BARBARA COUNTY
36 EA:,T FICUEROA STREET, SANTA BARBARA
TULARE COU:"lTY
320 WEST ]\(AI:'O STREET, VISAlLIA
(' VENTURA COUNTY
101 SOUTH CIIE';TNUT STREET, VENTURA
542 SOUTH "At> STREET, OXNARD
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Subsidiary Companies
PIONEER TITLE INSURANCE CmlPANY
SAN BERNARDINO COUNTY
340 FOURTH STREET, SAN BERNARDINO
IMPERIAL COUNTY
600 MAIN STREET, EL CENTRO
RIVERSIDE COUNTY
3490 TENTII STREET, RIVERSIDE
UNION TITLE INSURAN~E COMPANY
SAN DIEGO COUNTY
220 "A" STREET, SAN DIECO
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Bm I I I U!'G't"f L
RECORDED IN OFFICIAL RECORDS
OF LOS ANGELES COUNlY CALIF
FOR TITLE INSURANCE & TRUST cO,
DEe 23 1963 AT 8 A.M.
RAY E. ILf. ~t,y Rec:order
AND WHEN RECORDED MAIL TO
N;~E ,r Unite'Cr s,tateS::Natr:sanK,.,,~:::J
. . R,'.O. Box 928. ',.
STREET "" ,I
ADORESS .' Jl:rcadia, .California "
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J1l6399'REidice' {he, !,3SD
TITLE OROE~ NO, ' . _< TITLE OFFICER ,. '
WEE
/: $2-
SPACE ABOVE TH,IS LINE FOR RECORDER'S USE _
R 015756
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FULL'RECONVEYANCE
TInE INSURANCE AND, TRUST COMPANY, a California, corporation, as duly appointed Trustee under Deed
of Trust hereinafter referred to, having received from holder of the obligations thereunder a written request to reconvey,
reyiting that all surns sequed by said Deed of Trust I)avo been. fully paid, and said Deed of Trust and the note or notes..
secured thereby having been surrendered to said Trustee for cancellation, does hereby RE~ONVEY, without warranty, t~
i th~ person or persons legally entitled thereto, the estate now held by it thereunder. Said'Deed of Trust was executed by
. ~I ,
crry OF ARCADIA
Trustor,
t and recorded in the official r~ords of Los Angeles County, California:, as follows:
.\ I . ' . '
REC. 1920/61 . AS INSTR, NO. 230 IN BOOK'
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OESC,
T2051
PAGE
628
The West 60 ft.
@67/83 ofMPs.
of Lot 9, and all of LOt 10, in Tr. 6074;
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In ,W,i~es$",Wher~oi;' TiciecInsurance and Trust Comp'any, as such Truscee, has caused its corporate name
an.d seal" 't?,' q~ .?~~to'~~f~i\id. by: it~ .Assistant Secretary, thereunto duly authorized on the date shown in -the acknowl-
edgement cemflCilte' shown. belQw,~ ~...n
.,....,.. ..' TITLE INSURANCE AND TRUST :,:\ANY, as such Trustee
By
ssistam Secretary
. STATE OF CALIFORNIA 1 }SS, i
, COUNTY OF .wS Ange es ~~
! oJ Octobeya 17. 19n3 , before me, the undersigned Notary P lie in and for said Stare,
pe~sonallY appeared Jnhn H JVt1r~rs ; known [0 me to be an Assistant Secretary of
, TITLE INSURANCE AND TRUST COMPANY, the corporation that executed the foregoing lfiS[fUment as such Trustee, and known
to I '<:air! jnstrmnAnt on behalf of the corporation rherem named, and acknowledged to me that such (0[-
pof O~' d tho sT.olt~ MAeJ!fi\N
,':f# ;i'.w;.j NOTARY PUBLIC. CALIFORNIA
, ': H!jY PRINCIPAL OFFICE IN
'., " LOS ANGELES COUNTY
c.:
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i;I::smYhany?k~
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NAME (TYPED OR PRINTED)
Notary Public in and for said State
TO 430 2 C I!~r,
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FULL
RECONVEYANCE
of Property Covered by Deed of Trust
From
Title Insurance
and
Trust Company
Trustee
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Title Insurance
, and
Trust Company
H 0 M K, 0 P' .. I C It
433 SOUTH SPRING STREET
LOS ANGELES 154. CALIFORNIA
COMPLETE STATEWIDE TITLE SERVICE
. WITH O!'lE LOCAL CALL
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Bl Collfornla land Title Assoclation FOUNDED
~ S,,,d.'" C.,.,... P.U" r.,m
~ Copyright 1961
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~ 1. Any defect in or lien or encumbrance on the tide to the estate or interest covered hereby in the land
~ described or referred to in Schedule C, existing at the date h<<eof, not shown or 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
gj 3. Any defect in the execmion 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
~~ 4. Priority over said mortgage, at the date hereof, of any lien or encumbrance not shown or referred to in rti
::::-::,: ~: ~:',~: ~,:,: ::":'"'~ -" .'""" - .~. ,. i
Schedule B in the order of its priority; !I'f
I all subject, however, ro tPSC"ilnditions."OOd Stipulations hereto annexed, which Conditions and Stipulations, to. I
li! gether with Schedul~'i\-~~ o,!,..rtf,I;~\~by,made a part of this policy.
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In W/tnt!f .!f".hir!W1,.... :rirlet:Insurance aga~~t Company has caused Its corporate name and seal to be here-
unto affixed bj'fi~""dcily'3'aUlhorized\ officers ~n6t!fe llate shown in Schedule A.
g ~ 'f 5r--'..r....... "'5;:.: ;:: ~ '<" \Y-~",\o -\J ~ !
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YA' 0'. ~;(""- ~/, :;;~", . I'.~ P
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1t, (() ~ ' .' ~~:)~. ~
'::., () "Of-r"TE IS G~co\'\,"",'~ ~
. \ \9" oCoonoot; \}.V ""~~ ~~
"', ,(Ilij",,,,. '-s \, _~,' by ~
. "'\\ ...:.~,- '",~";- PRESIDENT
I ' ,'l\\"",,,~~' Allm No Mdi~:~:1 ~:a:~;;~Y/\';:I;;;~rf I
~ SECRETARY ~
~~~~~~~&!5l$I~~~e.~~~~~~~~~~~1
~~<&Min~~~~~~f!.
IN ,.93 !
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Fee $
P OLley OF TITLE INSURANCE
ISSUED BY
TITLE INSURANCE AND TRUST COMPANY
Ti!le Insurance and TcuJt Company, a corporation, of Los Angeles, California, 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 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:
IOl2AB 3.61
California Land Tille Anoclatlan
Standard Coverage Policy Farm
Copyright 1961
SCHEDULE A
Amount ~5,OOO.OO
Effectiv.(: -t'" 20
Date UC QuaI' ~
1951 at S a.m.
P I. N 5G'74005
o ICY o.
INSURED
CITY OF I\RC.WIi\, a municipal corporation, IiE.itl:iC;RT fi. UEGMANU
und f.'lILDRED r". \:lEO;.mNl'J.
1. Title Lo the estate or interest covered by this policy at the date hereof is vested ill:
em OF [tRCJiDIA, a municip:ll corporation.
2. The estate or interest in the land described or referred to ill 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. Tnxes 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 which could be
ascertained by an inspection of said land or by making inquiry of persons in possession thereof.
3. Easements, claims of casement or encumbrances which are not shown by the public 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 hy 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.
101:28 Cont. 3.61
Colifornlo Lond Tille Anociolion
Stondard Caverage Policy Form
Copyright 1961
S C H E D U L E B - (Continued)
PART II
1. General and special county and city taxea for the t'isca 1
year 1961-1962, a lien not yet payable,
2. Covenants, conditions and restrictions in de~d from Bertha
M. Brewer. recorded prior to February 15, 1950 in book
8875 page 76, Official Records. affecting the west 80 teet
of lot 10.
3. Covenants, conditions and restrictials in deed f'rOlll Bertha
M. Brewer and E. B. Brewer, recorded prior to February 15,
1950 in book 10246 Page 71, Oft1cial Records, which provide
that a violation thereot shall not defeat crrender invalid
the lien of any mortgage or deed of trust made in good taith
and for value. affecting the east 20 feet ot' lot 10 and the
west 00 feet of lot 9.
lj. An easement over the north 7 feet ot said land for poles
and incidental purposes. as granted to Southern California
Edison Company, a corporation. by deed recorded July 29.
J.960 in book D-927 page 510, Ofric ia 1 Records.
5. A deed or trust dated September 20, 1961 executed by City
or ArcadIa, a municipal corporation, to Title Insurance and
Trust Company, a corporation. trustee. to secure an indebtedness
ot $46,150.00 in favor ot' Herbert A. Wegmann and Mildred M.
Wegmann. husband and wit'e, as joint tenants, and any other
amounta payable under the terms thereof, recorded October 20, 19G1.
1012t-l056C 3-61
American Tltlo Assoclotion Loan Policy
Additional Coverag-october, 1960
.,
Collfornla Land Tille Assaclallon
Standard Coverage Pollcy-1961
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:
tot: 10 one. the east 60 fect or lot 9 01' Tr.:1ct fJo. 6074, in
tho city of fiTcodio. county of Lon fioGDlcG. otato of Col1for-nin.
00 !.'~l:' ill1,) rocOJ."dcd in bool1: G7 P3BC 83 of' rUpOb in the office
or \Ill:! C;t<l~)ty recorde!' of ooid county.
10120 T 3-61
CALIFORNIA lAND TITLE ASSOCIATION
STANDARD COVERAGE POLICY FORM
COPYRIGHT 1961
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CONDITIONS AND STIPULATIONS
(Includes those in the American Title Association-Owner's Policy-Standard Farm B-19601
1. DEFINITION OF TERMS
The following terms when u.sed in this
policy mean:
(a.) "land": the land described, specific-
ally or by reference, in Schedule C and
improvements affixed thereto which by law
constitute real property;
(b) "public records": those records
which impart: construaive 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 instru-
ment; and
(f) "insured": the party or parties
herein designated as Insured, and if the
owner of the indebtedness 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 esta.te or in-
terest referred to in this policy by fore.-
closure, trustee's sale, or other legal man.
ner in satisfaaion of said indebtedness, and
(3) any federal agency or instrumentality
which is an insurer or guarantor under an
insurance contract or guaranty insuring or
guaranteeing said indebtedness, or any part
thereof, whether named as an insured herein
or not.
2. BENEFITS AFTER ACQUISITION OF TITLE
1f 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 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 insurance contract or
guaranty insuring or guaranteeing the in-
debtedness secured by a mortgage covered
by this policy, or any pan 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 reason 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 area of any lot or parcel of land.
(b) Governmental rights of police
power or eminent domain unless notice of
judicial aaion to exercise such rights a~
pears 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 right to maintain
therein vaults, tunnels, ramps or any other
struaure or improvement; or any rights or
easements therein unless this policy spe-
cifically 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 abutting owners for access
to one of such streets or highways, unless
otherwise excepted or excluded herein.
(d) Defects, liens, encumbrances, ad.
verse claims against the title as insured or
other matters (1) created, suffered, assumed
or agreed to by the Insured; or (2) known
to the Insured either at the date of this
policy or at the date such Insured acquired
an estate or interest insured by this policy
and not shown by the public records, unless
disclosure thereof in writing 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; 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 (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 injunaions interposed
against a foreclosure or sale of the indebted-
ness secured by a mortgage 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 insured, which litigation or action
in any of such events is founded upon an
alleged defect, lien or encumbrance insured
against by this policy, and may pursue any
litigation to final determination in the court
of last resort.
(b) In case any such aaion or proceed-
ing shall be begun, or defense interposed,
or in 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 interest
or lien of the mongage 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 [he indebtedness se-
cured by a mortgage 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
(Continued and Concluded on Reverse Side)
sale under a mortgage covered by this policy
refuses to purchase and in any such event
the title to said estate or interest is rejected
as unmarketable, 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 Company of any defect,
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 unmarket-
ability of title, then aU liability of the Coar
pany in regard to the subject matter of such
action, proceeding or matter shall cease aod
terminate; provided, however, that failure to
notify shall in no case prejudice the ~
of any Insured unless the Company shall be
actually prejudiced by 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 be necessary or
desirable to establish the title of the estate
or interest or the lien of the mortgage as
insured; and the Company may take any
appropriate action under the terms of this
policy whether or not it shall be liable there-
under and shall not thereby 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 defense 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 Company the
Insured shall give the Company all assist-
ance in any such aaion or proceeding, in
effecting settlement. securing evidence, of>
taining witnesses, or prosecuting or defend-
ing such action or proceeding, and the Com-
pany 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
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 yeats after expiration of said
thirty day period. Failure to furnish such
statement of loss or damage, or to com-
mence such action within the time herein-
before specified, shall be a conclusive bar
against maintenance by the Insured of any
action under this policy.
6. OPTION TO PAY. SETTLE C)R 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 indebtedness
secured by a mortgage cov~red by this
policy, the Company shall haV'e the option
to purchase said indebtedness; such pur.
chase, payment or tender of payment of the
full amount of this policy, togt.1:her with all
costs, attorneys' fees and expenl;es which the
Company is obligated hereurlder [0 pay,
shall terminate all li'3bility of the Company
hereunder. In the event, after notice of
claim has been given to the Company by
the Insured, the Company offers to purchase
said indebtedness, the owner of such in-
debtedness shall transfer and assign said
indebtedness and the mortgage securing the
same to the Company upon pa.yment of the
purchase price.
7. PAYMENT OF LOSS
(a) The liability of the Company under
this policy shall in no case e:x:ceed. in all,
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 Insllred in liliga~
tion carried on by tht: Company for the In-
sured, and all COSIS and attorneys' fees in
litigation carcied on by Ihe Insured with the
wrilten authorization of the Company.
(c) No claim for damag(:'s shall arise
or be maintainable under this policy (1) jf
the Company, after having received notice
of an alleged defect, lien or encumbrance
not t.'xcepted or excluded herein removes
such 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 duim or suit
without written consent of the Company,
or (3) In the event the title is rejected as
unmarketable hecause of a defect, lien or
encumbrance not excepted or excluded in
this policy, until there has been a final de-
termination by a court of competent juris-
diction sustaining such rejection.
(d) All payments under this poHcy, ex-
cept payments made for costs, attorneys'
fees and expenses, shall 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 indebtedness secured by a mongage
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 Ihe
extent that such payments reduce the amount
of the indebtedness secured by such mon-
gage. Payment in full by any person or
voluntary satisfaction or release by the In-
sured of a mortgage covered by this policy
-
shall u:rminate aU 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 pay-
able within thiny days thereafter.
8. LIABILITY NONCUMULATIVE
Ie is expressly understood dlat the
amount of Ihis policy is reduced by any
amount the Company may pay under any
policy insuring Ibe 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 de-
scribed or referred to in Schedule A. 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 satisfac.
tion of said indebtedness or any part thereof.
9. COINSURANCE AND APPORTIONMENT
(a) In the event that a partial loss oc-
curs after an alteration or improvement sub-
sequent to the date of this policy, and only
in that event, the Insured becomes a co-
insurer to the extent hereinafter set forth.
If fhe cost of the alteration or jmprove-
ment exceeds twenty per centum of the
amount bf this policy, such proportion only
of any partial loss established shall be borne
by the Company as one hundred twenty per
cenmm of the amount of this policy bears
to the sum of the amount of this policy and
the amount expended for the alteration or
improvement. The foregoing provisions
shall not apply to costs and attorneys' fees
incurred by the Company in prosecutiQg or
providing for the defense of actions or
proceedings in behalf of the Insured pur-
suant to the terms of this policy or to costs
imposed on the Insured in such actions .or
p,roceedings, and shall not apply to losses
which do not exceed, in the aggregate, an
amount etlual to one per centum of the
face amount of this policy.
Provided, however, that the foregoing
coinsurance provisions shall not apply to
any loss if, at tht: time of the occurr~nce
of such loss, the then value of the premises,
as so improved, does not exceed the amount
of rhis policy, and provided further that
the foregoing coinsurance provisions shall
nOl apply to an insured owner of an in.
debtedness secured by a mortgage shown in
Schedule B prior to acquisition of title (0
said estate or interest in satisfaction of said
indebtedness or any part thereof.
(b) If the land described or referred to
in Schedule C is divisi~le into separate an~
noncontiguous parcels, or if contiguous
and such parcels are not used as one single
site and a loss is established affecting one
or :nore of said parcels but not all, the loss
shall be computed and settled on a pro rata
basis as if the face amount of the policy
was divided pro rata as to Ihe value on the
date of Ihis policy of each separate inde.
pendent parcel to the whole, exclusive of
any improvements made subsequent to the
-
date of this policy, unless a liability or
value has otherwise been agreed upon as
to each such parcel by the Company and the
Insured at the time of the Issuance of this
policy and shown by an express statement
herein or by an endorsement attached hereto.
10. SUBROGATION UPON PAYMENT OR
SETTLEMENT
Whenever the Company shall have set-
tled a claim under this policy, all right of
subrogation 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 to 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 reme-
dies 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, but 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
subrogation. The Insured, if requested by
the Company, shall transfer to the Company
all rights nnd remedies against any person
or property necessary in order tp perfect
such right of subrogation, and shall per-
mit the Company to use the name of the
Insured in any transaction or litigation inw
volving such rights or remedies.
If the Insured is Ihe owner of the in..
debtedness secured by a mortgage covered
by this policy, sllch lnsured may release or
substitute the personal liability of any
debtor or guaranlllt, or extend or otherwise
modify the terms of payment, or release a
portion of the estate or interest from the
lien of the mortg::i.ge, or release any col-
lateral security for the indebtedness, pro-
vided such an does not result in any loss
of priority of the lien of the mortgage.
11. POLICY ENTlRJ: CONTRACT
Any action or actions or rights of action
that the Insured may have or may bring
against the Company arising out of the
status of the lien of the mongage covered
by this policy or the title of the estate or
interest insured herein must he based on
the provisions of rhis policy.
No provision or condition of rhis policy
can be waived or Changed except by writing
endorsed he,reon or attached hereto signed
hy the President, a Vice President, the Sec.
retary, an Assistant Secretary or olher vali.
dating officer of the Company.
12. NOTICES, WHERE SENT
All notices required to be given the
Company and any statement in wCit.1Og re-
quired to be furnished the Company shall
be addressed to it at the office which issued
this policy.
13. THE FEE SPECIFIED ON THE FACE OF
THIS POLICY IS THE TOTAL FEE FOR TITLE
SEARCH AND EXAMINATION AND FOR
TITLE INSURANCE.
-
When you sell or buy, specify T./.
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TITLE INSURANCE AND
TRUST COMPANY
INYO.MoNO COUNTIES
]49 NORTH EDWARDS STREET, INDEPENDENCE
,
KERN COUNTY
1715 CHESTER AVENUE, BAKERSFIELD
ORANGE COUNTY ,
800 NORTH MAIN STREET, SANTA" ANA
.
SAN LUIS OBISPO COUNTY
1141 CHORRO STREET, SAN LUIS O~ISPO
SANTA BARBARA COUNT~. .
36 EAST FIGUEROA STREET, SANTA BARBARA
"
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TULARE COUNTY
320 WEST MAIN STREET, VISALlA
.,
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VENTURA COUNTY
101 SOIlTH CHESTNUT STREET, VENTUIlA
542 SOUTH "A" STIlEET. OXNARD
IP ([)) ILTI (cY
OF
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TINS lURAN (clE
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TITLE INSURANCE
AND
TRUST COMPANY
HOME OFFICE
433 SOUTH SPRING STREET, LOS ANGELES 54'
INCORPORATED 1893
Subsidiary Companies
PIONEER TITLE INSURANCE COMPANY
SAN BERNARDlNO COUNTY
340 FOURTH STREET, SAN BERNARDINO
IMPERIAL COUNTY
600 MAIN STREET, EL CENTRO
.
RIVERSIDE COUNTY
3490 TENTH STREET, RIVERSIDE
UNION TITLE INSURANCE COMPANY
SAN DIEGO COUNTY
220 "A" STREET, SAN DIEGO
CALIFORNIA PACIFIC
TITLE INSURANCE COMPANY
HOME OFFICE
148 MONTGOMERY STREET, SAN FRANCISCO
Complete title services also available in the states of
Alaska, Nevada, Oregon and Washington throu.gh
subsidiary Compa~ies.
..
Offering complete title services throughout the state
of Califllrnia with just one local call.
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ROSCOE! HOLLINGER
AUCITOR:CONTROLLEtR
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COUNTY OF LO'S ANGELES
DEPARTMENT OF AUDITOR. CONTROLLER
trl/vu&.,
WILLIAM H. BARBOUR, JR.
CHIEF DEPUTY
153 HALL OF ADMINISTRATION
LOS ANGELES 12. CALIFORNIA
MADISON 15.3611
J. R. PASSARELLA, CHIEF
TAX DIYISION
December 27, 1961
Attn: Nicholas Bertrand
Tax Cancellations
City of Arcadia
240 W. Huntington Drive
Arcadia, California
Attention: James A. Nicklin
Ci ty Attorney
\
Re: The West 60 feet of Lot 9, Lot 10, Tract 6074
Property acquired from Herbert A. and Mildred M. Wegmann
Dear Sir:
Pursuant to your letter of November 3, 1961, and
upon order of the Honorable Board of Sunervisors dated
December 5, 1961, taxes were cancelled, according to
Section 4986 of the Revenue and Taxation Code by our
Authorization No. 54342.
Very truly yours,
ROSCOE HOLLINGER, AUDITOR-CONTROLLER
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By'; f\ r;,{ ~I /'J..tl_~-I"""____
J. R. Passarella, Chief
Tax Division
JRP:NJB:em
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Title Insurance and Trust Company ~
433 SOUTH SPRING STREET. LOS ANGELES 54
MADISON 6.2411
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Our No. 5674085
Your No.,
. CITY OF ARCADIA
. 240 W. Huntington Drive
. Arcadia, California
Date
11/27/61
Attn: Harold K. Schone
(City Manager)
We are sending you the items checked below:
83_B 8_88
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Receipted tax bill which has served our purpose.
Copy of covenants, conditions and restrictions as ordered by you.
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Re~~rded instr~m~nt which you sent us for examination.
Plat to be,used with above 'order number.,
T. RADICE
Title Officer
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t" III 1II balld ~&1d. tbe reoeipt of .hlob h her.~;( aomowleds:od. 40 berobl gra.nt to ti&r'tlll
41 Iha:'10n aJ2d Ul,rl O. 1'11&1"10.0.. hi. wUo, .& Joint tena.nh. &.11 that real propertl 1.0.
:h' ~1tl ot ,lroacH... Count1 of Lot .lnoelos. State ot l.:al1!ornl... d.;Jorlb~d a.:
Tilt lout hent, (201 teet at Lot ten 110) and. tho ...t lixtl (00) teet at Lot Blne (9)
,f traat 60". CU, of .6.roa41.. a. pOl' oap reoordlld 1n jook 07 Paoli 8J ot )taPII. 1.11 tho
1ttla' at tb" CoUAtl Reoorder of 8ud County. :ia1d Illoaau.rocenh uo Cl...de &101lO tho :iollth
11Dl at Iud lota.
3llbJtot to: 1. 1'U:~1II tor U'Olll l"Ar
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1. fh,U propertjl' n."t to be owned or JQcup1ed 'JJ &nJ' per:DA not o! the whit. or ..;a.u...lu
~o.. Z. 110 tem~I'arl bu.1141116! to be er.oh<l.. J. 8u1141oo. -.hen ba11t. to oost not le..
:~ ~o. ~. ~.111~ to be .1%tl !91t d15t&CCO fr~= tront of lot l1ne. 1aolud1no
roroll.e', to tbo 3aath 114e or Iiaarh !tod. ~. ul outbll1ldl.c.c:' &Ad 6~1'tt.Oe to bo built
snth tro~ 1'''.1' or South U.n. or 4.81Uoo. 1..n01u41ag porohe.. O. ..ot to b. u..4 ror
19ao-3Q,: 2. ";nc41t1ol1.l. rutr10tlol".!I.ruer't'&t10nl.
reoor4. 1f &n3' e.n~ ~ lubJeot to the r01lowlD& 1'.-
Wr1 :lr lO&ter7 purPO,llIl.
1J~1l tailn.r. to oOClliJ11 with a'Oo"'llI reltrlutlona. 18.14 property to rln'llIrt to
~r. Ais plrl Qr aSl1anl. 1t belno unl1ll1rstood tl::.at anI ...101ILUoQ w11ll10t
~.r 14'"l1d &AJ lIlQrtgllge ::)1" trltlt 4~o4 c&de 1.0. ciood h1tb and tor ",.1\18.
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or1g1nal
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stitt ot Cal1toI'nla. cou..ntJ or l.oJ .ti.tl6elulu. 00. tbl1 Otb dal ot .agust. 1930. bdor,
II', tnt W14erd6004. a Uota:'1 PUb110 10 and :01' Illld COu.atl. perlonally Ilp~elo.re4 aertba Iil.
!l'Iur Ud I. 9. arewer. k..n.,an to Cle to be the p~r"J.AI .~Ie n&:IeJl &re .l1blorlbed to the
dt~1tt lnttl'Uo:lUt ~ a.n4 aoknowledc:ed that thel ex~uute4 t!:urIWlle. Jitoe.. I:J3 t&Z1C1 &J11 ot~
:l~lal llIal.
{lotarl!l1 S~1111 4.lber1:a h.'Orld. Uotal'J' i'ubl1o
~lIll:d tor .aid ':ClWltl u.d Sh.e. ~ ooo.&%j' .l90\Ost 27. lVaa.
t~Z.COil1 of orl&1nAl reoorded lit rec;uost o. CaL, !lUe 101. Co. .lue: 12. 1930. 8:;)0 4.W.
",!i~t 128. COmpflred. C.l..Logan. C1u.otl Reoorll.er. 31 . >>elUtJ.
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Order No, 5674085
This is a copy of conditions and restrictions contained in the
deed da ted
October 19, 1928
and recorded
in Book
'"
8875
Page 76 of
O1'f'ic1al Records.
Between
BERTHA M. BREWEB aDd E.B. BREWEB, her husband.
And
HARVEY R. WJIAR'lON and MARY G. WHAR'lON, his wife.
Covering
The West 80 feet of IDt 10 mee.sured at right angles to the
Westerly line of said IDt 10, tract number sU thousand
seventy-four, @ 67/83 of Maps.
Tll1s property 18 also conveyed by the grantors, and the said
conveyance 1s ancepted by said grantees, subject to the following conditions
and covenants, wich shall apply to and be binding upon the said grantees,
their heirs; devisees, executors, administrators, and asstgns, D8Ille~y: First:
i'his property is not to be owned or occupied by a~ person not of the Caucasian
race. SecoDd: No temporary buildings are to be erected, Third: Building,
wen bu1lt, to cost not less than $4000.00. Fourth: Dwelling to be 60 feet
distance f'rl)lJl f'ront of lot, line including por-ches, to the south side of Duarte
Road. Fif'th: All outbuildings and garage to be bu1lt south from rear or south
line of dwelling including P:Ol7CheS. Sixth: Not to be used for dairy or goatery
purposes.
Upon fa1lure to compJ.y with above restrictions, said property
to revert to original owner, his heir:s or assigns.
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November 6, 1961
Title Ins~rance and Trust Company
433 South Sp~ing Street
Los Angeles 54, California
Gentlemen:
Your order: No. ~674U8S
In connection with the above numbered title policy,
please send us a copy of the covenants, conditions and re-
strictions referred to in Items 2 and 3, Part II, Schedul~ B
of said title policy.
Please bill us for whatever cost may be involved.
Yours very truly,
HAROLD K. SCHONE
Ci ty filanager
HKS:JAN:acb
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UNITED STATES NATIONAL BANK
~ SAN DIEGO
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FROM THE ARCADIA OFFICE-t28 EAST HUNTINGTON DRIVE-ARCADIA, CALIFORNIA
October 26, 1961
City of Arcadia
240 West Huntington Drive
Arcadia, California
Re: Escrow f/!5519
Attention: Mr. Harold K. Schone
City M3.nager
Gentlemen:
In connection with our above numbered escrow, we enclose the following
items for your file:
'1. Closing escrow statement, in duplicate.
2. EsCr01~ check #13804 in the amount of
$2.80, refund due the City.
3. Copy of Title Insurance and Trust Com:pany
policy #5674085 dated 10-20-61.
The recorded Deed will be forwarded direct to your office by the county
recorder wi thin two or three weeks. Mr. and Mrs. \~egmann ,-rill hold the
originaJ. title policy with the note and Trust Deed covering the loan of
$46,150.00. ,Please furnish them with a fire insurance policy to show
their interest as mortgagee.
It has been a pleasure handling this escrow for you, and if you have any
questions, or if ~le can be of further service, please do not hesitate to
call on us. Kindly aclmowledge receipt of the enclosures by signing and
returning the carbon copy of this letter.
I
/jj;;J~ t~y your~ I
IJI. 21t4Ut/Al./ALl..-
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Muriel V. Hargraves
Escr011 Officer
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UN. ~TES
NA: iONAL: B'A.NK .
c~ OF;$AN O'II:;GO ! ^' i
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Date... ,reo...,10,.2Q..6l
n..nn.......n.....:-;-...............
Description of Property .. ....................................
,.,.....,.,56..w... Duarte,Bd.~..Arcad1a,,:,.....,.
ESCROW
STATEMENT
ME M 0,
Paid outside of Escrow $
Cash through Escrow 18,850.00
Encumbrances 116,150,00
\
....h...Arcet.lfl1 ......h......h,Office
Stotement of
City of A1'C841a
Herbert A. and Mildred M. Wegmann
Total consideration liS,nnrLIY\
With
KEEP THr~ STATEMENT FOR INCOME TAX PURPOSES
DEBITS
CREDITS
Cash Considerotion through Escrow L_..-Sale__.... __.................__..___..._____........________.
Cash Deposited in Escrow ____............0.0.........0._____.___.0. ___.________.....0..............__.._____,.............
..---......Trust..Deed.__....Ci~..ot...Ar.ca41aht.Q..W!:~...h... ...,...... .__... ,..0..........."..
Policy of Title Insurance ____nnn..___.___..........._________..... ._n__n__.._._.______________________........________. __..._._____.......________.... un_._...__...............___..
Recording:
Deed h. __.. .......0.0. 0.....__.__ ____......... ........... ......0.....0.... ..',.........., ...,........... ......__ .0... ___........., .....Jl.O. .cba\"ae....... . __............ __.... ....c. __...
Trust Deed .__._____...............h.....h...m..__.h............ .___,.__."__.m'.._____......_____'__.......__m__... h..m.........2.00.__.... ..........0.....................
Reconveyance . ,..........m .h..... __. .......... h....h__.....h.....'..........,...,.........,.......__..... mo......... .........__.h .... ..__.0........ ........... .....................
....,65...000.00.__... m.____........................
::::::::::::::::::::::::::::::: :::::~:r~~::::::
,
-- -.-. ........___. ...__..._.............h_._....n...................___....._.. ___ __ __ ___ .n_______ ____ ________n__. .........___.__.... .._____ __.. ..... ........... .... ............. ... ..-..........---
Recanveyonce Fee .'.__.........0.............................__........ 'm__....'......m..m..__...m.............'h..... ...m.....'........,........... ................................
Taxes .0....... ..............m.. ,..__......, ,.....,.............__..................0......... .................m..m___...__......... ....__.___...__.mmm....... .............................,..
Bonds or Assessments ....,.................mm...........,.......... ,..,....,......".____...........h.....'....m........ ..................0....0........ .'........,.....................
Benef ic ia ry' s Statement ..,.. ......... "m..m .0......,.. ........... __ __ __ __.....'.......m'......... ......... .0..... ...... .. ..0............. .............. m...__.........,...... ........
Broker's Commission n________n___n........h.......nn__n_....... .________....__..____._........_.._.____...__.________._ .~_________. ........._h_..... ._..........._._____.__.........
Appraisal Fee ......h'............m.............h.....__................ ._____..."'.....__.__h....__..m....'.............". ...,..'.........___............. .0................,.............
Internal Revenue Stamps ...m...........m.....'...h.___m__.... ..."'.........,...........,......,..__.....___.___..... m.m..m..__..m__......... ...................,...........'
Tox Service ....m__...'...______......h..........__...........hm.___.... ,.,...___......"" ,.........___m..__..__.____....... ..0................"........,.. ..................,.'........m
Preparing Documents.. ..m...h......,..............h............. ........0..,.....,...__.........0...... ..............." ........"...................__. .................__.............
Escrow Fee ......."..h.____.......m.'...........__,..........._____..........__'.m...m..__.'...........h................"m.. .---------.....'18.00.,.... ................m.............
Insuronce Assignment Mortgagee Clause ___..___m___......m___...... ..___..........m____..........
Demands: .__....,...,.....,. "..... .........,..____....'___...'hm..__.__..__.......................___..,............._____.. ...............h..m.......... ................................
..-- -- --- ..--...... _. _ _...._._ '"hn''' hh__ nn_ ...._...... _..... __ _ _nnn_........ _ ___ _ _n_ _. _... _ _n_ n........... _. __ __ 00'_"_ __ 00_ _n_ _ _.. ___n_ __ n... __ ___ _. ........ _ __........ .......... ..... .......
................................................................--.--..................--------------------.----------.----...........-........ .....-...--........._-_._....... ...-..--........................
,
..............................._. ..............hn........ ........ ......__n._._...... ......._... ... ...._...... .... __._____._ ____..._ __...... ... ..._..........._._ ___ __ __._ _. ..._... ...... ...... ....... .....
...-............-....................-........................--........_-..--......... ....-...........................---.--.........---...... ............... .._---------.... ...............................-
.._ ___ ....n._...n__........
00-- _...._n___n_._.........h_ _nnn.n_............hnn...n.hn__._____.....___ ___ n___nh_n____... "'h_ '_'h_h_ 00_.00......... ..............h_...............
Prorations: (See reverse side)
T '
axes _ n_ .......... n._ _... ..... _nn_ _.... ...... _........ ...nn.. ...... .._ __ n n. ........ _.. .._..... ...... ....... _. n__n_ _.... .. .... n" 'h_"'h_ n_ _. ...... _ _. _....... .._...__ _ ._. _ _.......
I nte rest __'.....,...... '...., ...0..0..._.. ____ ...............0.......... .. ___... ___ m..".. m......."................. ___.... ........ ............ ....... m" ............. ..... ....... .......
Insurance .....,., ___........ .m. .0...... ..0.__... ..h..nnm ........ .............,............... .0..,...... .0.............. .....n..... .................... ................. __...... .......
Rents ___.........mm.........nm__.........h......hhm.......... ..."..'..........__...........hm__...h,.....,...... .....__.......h.___'m__..... ..............................,.
--------....._...__........__._....______......_.........___.h_._.............___.........____........_..................
Miscellaneous: .., ..,_____........, ".m ........n.........h..__......... ...______......__.,...___......___..__............,..... ..n..............__........... ..__............................
....___....................1...__.____......_..._................__.__...._.................._._...._.._............................__.
......m.................t..h..............................................h--........................0............... __........ __.n"'" ....,............... ..,........ .hn...........................
Ch~k..H~~~;;;iihT::::::::::::h:::::::::::::::::::::::::::::::::::::::: :::::,::::::::::::::::::::::::::::::::::::::::::::::::::::~:::::: ::::::::::::::::::::::::::::::::
Balance Due This Bank ___........ 'h___..m......__....... ......, ......___, .. n......hm.. .......______..., ..,.................__...,..... ...............................
TOTALS
t:J:. nil.. An
';r; ^o^ 0," ,I
TRU.902
This Statement covers money settlement only, Details of prorations, if any, are set forth on the back hereof.
\
P RO RAT I ON 5
TAXES
$
$
for
for
19
19
19
19
prorated from
prorated from
to
to
$
for
19
ASSESSMENT
19 prorated from
to
INTEREST
On $
On $
@
@
%
%
from
from
to
to
INSURANCE
Pol icy $ Premium $ Issued
prorated from to , expiration date
Policy $ Premium $ Issued
prorated from to I expiration date
Pol icy $ Premium $ Issued
proroted from to , expiration date
Pol icy $ Premium $ Issued
prorated from to I expi ration date
Policy $ Premium $ Issued
prorated from to , expiration date
RENT
Tenant Monthly rental $
prorated from to
Tenant Monthly rental $
prorated from to
Tenant Monthly rental $
prorated from to
Tenant Monthly rental $
prorated from to
Tenant Monthly rental $
prorated from to
Tenant M~nthly rental $
prorated from to
- a
((I)
ii
~
rnI
I Ii
III
'-.:::.-1
1PJ
J
~p
if
-
} ~ -yV
~
October 18, 1961
Un1ted States National Bank
P. O. Box 928
Arcadia, California
Attention: {-,uriel Hargravee
Escrow Department
Dear ~rs. Hargraves:
Bscrow ,(4)519
He:
Enclosed is the executed note, initialed by the
r'layor and the City Clerlt, as you discussed with I,jr. N1c~.l1n
'over the phone.
Youra very truly,
Agnes C. Beebe
Secretary to the City Attorney
Ene.
.' .
~
.............,.. ......., _ ......n.v~..v...
1'ttlt ,.
UNITED ST""TES
NA~IONAL BANK
~:~I=~~j
i ... nn&n~.gI"'~n
Dote'nn,ar:wf~nm,..33Qnnn
MEMO
TO: UNITED STATES NATIONAL BANK:
Of SAN DIEGO
1 ll'Im!l tl)(IC!W'<<? m.~~td.ll,bo ~ .~..~,~
2 @l'~\J::~ n' . n' n "'nhnhnnnnnnnnnnnnnnnnnnnnnnnnnnnnn,nnnn
3
4
5
Total Consideration
w
n' ~l'\ nnnn,nnnnOffice
Poid outside of Escrow $
Cash through Escrow.. ..._
Encumbrances.................n...
THE
BUYER
and any additional funds and insttume~ reql,lired from me to enable you to comply with these instructions, which you are to use on or before
6 ..___..._.;~W_.m._.._m______ 19_t\\.___., and when you can procure a Policy of Title Insurance from __.______.___.____._______._._
7 .m.Ue. ~I ~.~-.~.-~~~'1..-.....-- .__._.m___ with liability of $ ~~m_____ ..m__ ......_ __ an real property in the
: ~.:-.it\lt:t~~~CintQi::9..-Ii.\~r.1;'ib:. !t~~f-:'~~;""
10 4n~er.,._~~of_..t.nn"'~_ ~. ... n. 'n ......... nn
11
12
13
14
showing title vested in
. general and special taxes for fiscal year
collected therewith;.
Taxes for fiscal year 19..
.
'h' Q; nn Ctiff
19 '''n, ,-19..., n.;
herein described until the above taxes on such
'cwo'
tlCmOn
REPORT OF TAXES ON PERSONAL PROPERTY which may be a lien on the real property
real property become due and that you are not lioble for the payment of the said personal
Special improvement assessments os follows:_..,.
with at! payments mode to and including___.___....
(IT IS UNDERSTOOD THAT YOU MAKE NO
property taxes.)
EASEMENTS, rights of way, conditions, restrictions and reservations of record, including so-called zoning ordinances;_.._.mm___m_._.n_.______________._nm__
29 and a Trust Deed _.__...._~.-.-----..----..----.--..-executed by__..__.._._ .._.______.____..~________.___..__._.._____________________._.._____._____.____...______...._..__
30 in favor of _ .....__.._________........._________._________.._______________._______ _____._____h_..______._.______.___________.____.______._____.._____.....___.__._.______.
31
--......-.-.-......---...-.-.-----..--.---______._.__.....____..___._..._____._....______.._________._____.___~_______.._.____.__..._._____________________~---.-.-..------.-_-..__..securing a note
32 for $ ___m_ ______ .-0.------....; obtain Beneficiary's State'ment showing unpaid principal balance of $____.m___..__.._~...._._____________._..; should said Bene-
33 ficiary's Statement show the principal balance to be more or less than said amount, you are to keep the total consideration the some as shown
34 above by adjusting the cash through escrOwi______.....___..._m_m_.__m._.__________._._______________...._ ___..._._.___._._____._.______...__._m__._____.___._._____......__..._.._____._.___._.__.___.
3S ________..._._.____.__.__.._...._______.___________..,_.
36
37
38
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40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
ond 0 TMt Deed to1ltt executed by ..C1ft,(lp ~ . ~ GlIr"...Ol~.~~
;n favo, of ~~a 'A. Vf.'~lJ_ umJI'!). .'"~t~I.,~118 .. wU'4t...1cdIlIa .........__ ,.... .
, '
fa, $ t,G~'. , , : _'~ _IWa VIa DO ~' ;.:rt.f.01;.'" ~..,.. sii'1~!.."."1tI
.. M~(wi '...._..(ll'tu~S~at)I_,j~ .. p '" .,,~ . .,.,-, l.,
.~.. d. ... CII..~.5'J5.m em. ~- ...., 1,. ~!t " .
The following prorates and adjustments ore to be made in this escrow:
Interest on Trust Deeds of record, and any funds shown impounded for future payments of taxes, insurance, etc., or Mortgage Insurance
Premium paid F. H. A. during past 12 months, based on Beneficiary's Statement to ~
Interest an new encumbrances by endorsement on notes to flClV)
Taxes to ~ , based on latest information available, and on basis of tax year of July 1 to and including June 30.
Rentals on basis of statement furnished by seller or Broker, to ~ .' . _
P'em;um on ~. F;,e .Insumn,e Pol ides ta, 01... of! IlIiDrllN-t ttltl ~ _ _ o...-u.
on property described above or on premises known as Na. _ ~ cb".....W\.... ., ftI'O 'Ir.~. ~_~ .,. CI3 .,~
,).'Q"~ - !;if.i ('0D1l..~ h\ ~~.
TRU.253 Rav. 2-58
lOVe:RI
'~
(Page Two)
,
1
2
3
4
5
6
7
8
9
10
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12
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24
25
26
27
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29
30
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35
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Make prorotions on basis 30-day month. "Close of escrow" sholl mean the day papers are filed for record. Make disbursements by your
check. Have fire insurance policies mailed to holder of first encumbrance, if any, otherwise to buyer. Mail title policies to
muu m D,,~ """"",uOQ,.'l'uto .... mmuuummu mmum","mm...
Other documents and checks in rl1y favor to be mailed to my address below.
If the conditions of this escrow hove not been complied with at the time provided herein you ore nevertheless to complete the same as
soon os the conditions (except a~ to time) have been complied with.
The undersigned agree that in consideration of your acceptance of the within escrow you shall not be liable for the failure of any of the
conditions hereof caused by the exercise of your discretion in any particulor manner, except gross negligence or willful misconduct.
I agree that no notice, demand, or change of instructions sholl be of any effect unless given in writing and approved in writing by all
parties affected thereby.
You are to be considered and held as a depositary only, and shall not be responsible or liable in any manner whatsoever for the suffi.
ciency or correctness as to form, manner of execution, or validity of any instrument deposited in this escrow, nor as to the id~nfity, authority
or rights. of any person executing the same; and your duties hereunder shall be limited to the safekeeping of such money, instruments or
other documents received by you as such escrow holder, and of the delivery of the same in accordance with the written escrow instructions
accepted by you in this escrow.
Should any controversy ~rise between the 'parties hereto, or any other person, you shall not be liable to take any action of any kind but
may withhold all moneys, securities, documents or other things herein deposited until such controversy sholl be determined by agreement of
the parties, or proper legal proCess. Any disagreement between buyer and seller as to adequacy of fulfillment of 0 condition may be considered
as a controversy.
I agree to pay usual buyer's charges.
It is understood that the usual fees agreed to be paid for your services ore for ordinary and usual services only, and should there be
any extraordinary o~ unusual services rendered' by you hereunder, the undersigned agree to pay you a reasonable compensation for such
extraordinary or unusual servic€lS, together with any costs and expenses which may be incurred by you in connection therewith; and you are
hereby given a lien upon all documents, moneys and securities herein deposited until you hove been so compensated.
uaus.-""'.ua ~ _.1 t"ofu'lln:iI,-uVJ..f,b~fll'Ju""'~~ r I ........'..mn
'O(J!! f I ..u.......)-tbAlu...._""'uto-GlMdrV....a'1'\1 tV.. -""IJ3uefmnu
__~''''''''id! lrI.tIf. ....u,
41
Buyer's
SignatureQr'm
Address:
B' Clf.lr cae .llUnn1e
uyers
,5;gnotu'e'~~~~."
uuAdd,.." u~{].u.~-I"""ulW...uAlI ~'u
_____ H.._Telephone: uu...~_._
42
43
Telephone: n
SELLER
44
Dote'uuu-,l ~ fIIum.$u
THE FOREGOING TERMS, CONDITIONS AND/OR INSTRUCTION5 ARE HEREBY CONCURRED IN, APPROVED AND ACCEPTED, I will
hand you all the instruments ahd money necessary for me to comply therewith, including a deed to the property described, executed by
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
. u 4....JI'.l' A.t'HllWtdNftJ'8mtt.-11.C1U. ~ ~ .""1ISfouu,n
which you are authorized to record or deliver upon payment to you of the sum of taSj:1JO-itO[)
may pay 011 encumbrances on said property, except os set forth on page one hereof:___.... u....m.........
n_. and from which you
.._.....".nn"m.. m..,h'~'"",
You will, as my agent, assign any fire and other insurance of mine handed you or that Beneficiaries inform you they hold.
pay for assignments on fire in~urance policies, sending to escrow Offset Statements, Beneficiary's Statements and/or Demands,
seller's charges.
Attach Internal Revenue stamps in the amount of $ __..~.. _._._.... Make check for balance payable to: n...... ~._.
I agree to
and usual
Seller's
62 Signature:
Seller's
..___Signature:
63
Address: .
.~nnn~tJ..~
..Address:
'nv.o..a.nr-t--,~.
64
Telephone:
..Telephone:
-
-
".
"
i
, ,
.,
NOTE SECURED BY DEED OF TRUST
(S1'IlAIGBT NOTE)
.- ..~~ ""'-
'.. ., .:::;-~
',J"".,
. I.
l' .'
~..Oj)...~....
I "/:,
~.m:.~..~..~..~..~...~...~n~..~..!!'...~..~..~..~..~_:_"!!..~u~._~.~.._~...after date, for value received, I promise' Ie;. pay to
.................JlJ'CaaSa......................'......., California, .....,~...20.;..19Q........
L..~...''''''' .J4.~~!IZId..MJ;YmED..s.. ~R{lmsbmId.SZI4.sdfe..ea.Ja1nt..~JII.......
.r. ...-.....,...... ..............h....... .......__........................__..__.................h..........n.....................................:.. ........................, or order,
(!,IiM
, ' ,
r ~j - .
al....::.~~~..~U~~\J.~......,:'........:.....:...........:...:.:_........................................m..............................m..................
I' . ~' ,
the su'" oL..~.m.~~.mIB..H....;~~:m.a:Jlim.m/1OO."...........;,.~"'~........:'!'!...DOLLARS,
; ,'.:~' 'i,. ,_ .. . ~:.': ,. .' . ~m..1962J
~J:terest..I.:~...~_.ea..~. ,~I.....$]S.~.OO..an..l..~I.\-~..I.- __~ uf
':.!~'.~(~~!.~:;~,,~!i,l~::~'.~.~:~..~..~~.~.~~~.:~.~..:_,~:...::..:...........:.:....
j , ': ','
: Should interest not lie so paid it shall thereafter hear like interest as the principal. Should default be made in
payment of i~ie'rest when due the whole sum of principal and inierest ~alI 'become immediately due at the option
Jf .the' holder of this note. Principal' and, interest payable: in' lawful money of' the, United 'States, 'If action be
ihstituted on this note I promise to pay' such sum a,s.. the, Court may fix as attorney'. fees, ,ThU; nole is secured
~y DE~D' OF' TnuSTlo 'TITLE . INSURANCE' AND. TnUST ,CO!<iPANY, a Calif~rni. corporaoon,
The obligation under tne within note'is limited ~ "
to fu/1ds of the City of' Arcadia 'presently on' hand : '.1' ,',
and encumbered by order of the city council for '~~"at ~
the p~yment of the balance due hereunder and shall ,'. , '. '
not c9nstitute an obligation payable from any
o the r~~s..,or-..revertue-s..'Of...the..G.i: t'Y"e-f...Areadia . .
,
"
_I ~
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r
, I.
..' .'. ..... ""hn...mn ......::" .......~or
'~ 'c;;;nmn--,...'...-.......-7
... .. ....... jC't32::V/~
City. Clerk
THIS FORM FURNISHED BY TITLE INaURANCE AND TRUST CONPAIlIY
PAYMENTS'
..~
OAT!: PAID DATE Du. AMOUNT CREDITED ON BALANCE TO WHO'"
M D Y M D Y PALO IfOInRUT '.'N"'~l P.'N UJt"~ID P....,O
,
'.
" "
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,"
'. .
" ' .~ .'
" ,
, "
..
.. : .'
"
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,
,
,
"
" "
". '.
.
," "..
, " ...
.. "
,
,
'.
,.
,
;
,
-
'[ . RECORDING REQUESTED BY
I
I
-
WHE~ RECORDED MAIL TO
;';
i
!
I
SPACE ABOVE THIS LINE FOR RECORDER'S USE
CORPORATION DEED OF TRUST AND ASSIGNMENT OF RENTS - SHORT FORM
',:'~
ThiJ De~d of Trust, made this 2Qth day of
I Cl'.l'I Of AII::AIJIA. a ""...to' pat Clwj,lUl'Uttoa
a corporation organized under the laws of the State of ...Ci.1StcJrDSa
whose address is a\o vest( almt!............)Dr1'1l'O " ( .Jlft!niHA
I. . . zMiii'Def"llriI:RIWm Clfyr-
TITLE. INSURANCE AND TRUST COMPANY, a 'California' corporation, herein called TRUSTEE, and
. H.&.f<.~ 'Ai ~aDd ~ L ~ 'huabaDd tmd vUe, Ei!J .To1Dt "",;....te' , :
. 1 I' .' , herein called BENEFICIARY;
Witnesseth: That Trustor IRREVOCABLY GRANTS, TRANSFERS AND ASSIGNS to TRUSTEE IN TRUST, WITH POWER OF SALE, that
propJrty in CltQ or ~.. 1m ~1es ' County, California, descrihed as:
. '
'DIe _ 60 feet or Lot 9. and aU of Lot 10.. In
'1'.raCt.,~. u ~ llBP ~ In bk 61 iflP 83
of M!llIl~ in the otnce of the, Cou\1t;y ~'Of
~ ss.1.4 :~.n~.
86"".......<<, 19Q
t beh~een'
, herein called TRUSTOR,
(zone~8te)
TOGETHER WITH the rents, issues Bod profits thereof, SUBJECf. HOWEVER, to the right, power and authority given to and conferred
upon Beneficiary by paragraph (lOr of the provisions incorpor,ated herein by reference to collect and apply such rents, issues and profits.
For ~he Purpose of Securing'" .; ,
1. PeHormance of each agreement of Trustor incorporated by reference or contained herein. 2. Payment of the indebtedness evidenced by
I
one promissory Dote of even date herewith, and any extension or renewal thereof, in the principal sum of , .1J6,JSOwOO
by Tnistor in favor of Beneficiary. .
I" . .
'ro Protect the Security of ,This Deed of Trust. Trustor Agrees: '" "
By th~ execution Bnd delivery of this Deed of Trust s'nd the note serored hereby, that .provisions.of to (4), inclusive. of the fictitious
deed of trust recorded June I, 1953, in'the book and at lh-e page of Official Records in the office of the county recorder of the county where said
property islocate<:ft noted below opposite the ~ame of su~h ~ounty, viz.:
COUNTY BOOK PAGE ,COUNTY BOOK PAGE COUNTY BOOK PAGE
, '
Alameda 7043 119 Kings 558 124 Placer 629 3' 1
Alpine G 65 . Lake 235 108 Plumas ; 64. 277
Amador 52 393. Leu.en 90 305 Rlyerslde 1477 255
Butte! 675 4 Lo. Angel.. 41866 80 Sacramenta 2420 317
Calaveras.. 81 369 Madera 582 315 San Benito 196' 295
Colusa 198 142 Marin 808 420 San Bemardlno 3179 87
ContrG Costa 2133 208 Marlpola _ 43 242 San Diego 4874 512
Del No..;e 37 241 Mendocino 345 92 San Francisco 6165 282
EIDorado 325506 Merced 1110 55 San Joaquin 1528314
Fresno 3313 673 Modoc 109 221 5an Luis Obispo 712 43
Glenn! 295 536 Mono 30 343 San Mateo 2425 243
Humboldt 252 449 Monterey 1458 561 Santa Barbara 1156 1
Imperial 862, . 639 Napa 415 331 Santa Clara . 2627 445
Inyo i 103 83 Nevada 186 337 Santa Cruz 916 153
Kem 2070 417 Orange 2512 500 Shasta 402 1
(which provisions, identical in all counties, are printed on the reveI"8e hereof) hereby are adopted and incorporated herein and made a part
hereofjas fuHy as though set forth 'herein at length; that it will obserVe and perform said provisions; and that the references to property,
obligations, and parties in said provisions shall, be construed to refer to the property, obligations, and parties set forth in this Deed of Trust.
The u~dersigD.ed Trustor re,quests .!h~t a copy of a~y Notice of Def~ult and of any Notice of Sale her~l!nder be mailed to it at its address
hereinbefore set forth. '. , . ", '. . ~ '., ' .'
I .
I ." ,~... .\ - . -. ~ ~
STATE OF CALIfORNIA, " }
COUNTY OF Los Angeles 55.
On ;September 25. 1961 h.!ore me, the under.
I
signed, a Notary Pllblic in and for said County and State, personally
appear~d Jesse Balser
known'tometobethe~,and Christine
.
Van Maanen . known to me to be
City Clerk' ~NXit of the corporation that executed the
within IInstrument, known to me to be the persons who executed the
withinHnstrument on behalf of the corporation therein named, and
acknowledged to me that such corporation executed the within instru-
ment ~ursuant to its by-la.wi or:,a resolution of its board of directors.
"
.,
;,'
"
COUNTY
SleiTa
Sllklyou
Solano
Sonoma
Stanlslaua
Sutter
Tehama
Trinity
Tulare
Tuolumne
Ventura
Yolo
Yuba
executed
aOOK
6
315
670
1210
1154
397
244
52
1679
62
1137
395
179
PAGE
1
114
214
616
443
248
379
167
106
47
136
302
259
. ha d and offiCial~ ' r:--
ss~~
Seielstad
Name (Typed or Printed)
Notary Puhlir in and for said County 3ud Slate
If executed by fl Corporation the Corporation Form of
1cknowledgment must be u.~ed.
,
499C 9.'9 [
WITNEss
I
(Seal I I
:1
Title Order No,
Escrow or Loan No,
;.,,~~ III
f corporatwJ!9
, Ma or ~
1'~
3<<~j<
DO NOT RECORD
Th. following is 0 copy of provisions 11)10 (14). inclusivo, ollhat corloin Deed of Trust (ecorded in Book 25481, Po". 177 of Officiol Retords in the office of th.
Recorder of Los Angeles County, lncorporgled by ,.f.,enclI In Ihe foregoing Deed of Trull as being 0 pelft thereof os if Uti forlh at lenlllllthllfllin
To Protect the Security of This Deed of Trust, Trustor Agrees:
flJ.,-To'<keIlP said property in good condition and repair; nol 10 remove or demolish ony building thereon; to complete or redore promptly and !" good ,and workmon.
like monn., ony building which rnoy be constructed, damaged or dlltlroYlld Ih'fllon Gnd to pay when dUll all c10ims for lobor performed and malllrlol$ furnIshed Illerelor;
'10 tomply with 011 laws offeding soid property or requiring any olteralians or improvemenh 10 be made thereon; nol 10 commil or p.rmit wOtl. Ihereof; nol 10 commit,
scfler or permil any ad ulion'toid prop.rty in viololion 01 low, 10 cultivole, irrigole, fertilize, fumigate, prune and do all olher octt which from Jhe chorocler or ute of
toid property may be reeJ$onably n.ceuary, 11'1. tpecilic enumerations her. in not e~c1uding Ihe general.
t2) To provide, mainlain ond:deliver to Ben.ficiory fire i",urance and olher insurance totidaclory 10 and wilh loss payable 10 Beneficiary. The omounl collecled under
any lire or olher insurance policy may be applied by Ben.ficiory upon any indebtedness secured hereby and in such order os Beneficiary may determine, or at option of
Beneficiary the entire amounl so collecled or any porllhereof may be released to Truslor. Such application or release sholl nOI cure or woive.ony default or notice of
defaull hereunder or invalidaleonyoct done pursuanl 10 such notice .
131 To appear in and defend any action or proceeding purporting 10 affect the security hereof or the righls or powers of Beneficiary or Truslee! and to pay 011 costs
and e~penses, including casl of evidence of lille and ollorney't feet in 0 reolonable sum, in any such action or proceeding in which Beneficiary or Trustee may appear.
(4) To pay, 01 leosl len daYI before delinquency 011 loxet and assessments offecling said properly, including ossel1menlt on appurtenant woler slack! when due, all
incumbrancel, chorgel ond lient, wilh inleresl, on said property or any pari Ihereof, which appear to be prior or luperior hereto, all cosh, feel and expensel of Ihis
TrUll.
Should Trustor foil 10 make 'ony poymenl or 10 do any ocl 01 herein provided, Ihen Beneficiary or Trustee, but without obligolion so to do and withoul nolice 10 or
demand upon Truslor and without releGling Truslor from any obligolion hereof, moy' make or do the some in luch manner and 10 such extenl 01 either may deem neces.
sory to prolectlhe secunty hereof, Beneficiary or Trustee being oulhorized to enler upon said property for such purpotes, appear in and defend any oclion or proceeding
purporling to affect the security hereof or the rig his or powers of Beneficiory or Truslee! pay, purchase, contetl or compromise any incumbrance, chorge or lien which
in Ihe judgment of either appears to be prior or tup.rlor h.r.lo; and, in e~.rcising any such powers, pay necenory expensel, employ couns.1 and poy his reasonable fe.s.
15) To poy Immedialely and wilhoul demand 011 sums to expended by B.neflciory or Trutlee, with interesl from dole of expenditure at seven per cent p.r annum.
161 Thai any award of damages in conneclion wilh any condemnolion for public use of or Injury 10 said properly or any parI thereof is her.by onigned and sholl be
paid 10 Beneficiary who may apply or releos. such moneys received by him In the tame monner and wilh the same effect as above provided for disPolition of proce.ds
of fire or other inlurance.
17) ThaI by occepting poymenl of any sum secured hereby, either before or after ilt due dole, Beneficiary does nol waive his righl ellher to require prom pI pay men I when
due of 011 other sums so secured or to declore default for failure so to pay. .
(B) ThaI at any time or from time 10 time, wilhoul Iiobilily th.refor and without nOlice, upon wrillen request of Beneficiory ond pr"entolion 01 Ihil Deed and said
nole for endorsement, ond withoul offecring Ihe personal liabilily of any person for poymenl of the indebtedness secured hereby, Truslee moy, reconvey any porI of said
property; consenl to Ihe making of any mop or pial Ihereof; join in granting any eOllmenl Ihereon! or join in any extension agreement or,any agreement subordinating
the lien or charge hereof. .
(9) Thot upon wrillen request of Beneficiary Itoling Ihot 011 sums secured hereby have been paid, and upon turrender'of, thi;LDeed"ond sald'n'ote 10 Trustee for
cancellation and retention and upon paymenl of ils f.el, Truslee sholl reconvey, w,lhoul worronly, Ihe properly Ihen held hereund,er,_ Th'e recilols in such r.conveyonc. of
any malte" or facts sholl be conclusive proof of Ihe Iruthfulne" Ih.r.of. Th. gronlee in tuch reconveyance may b. described os "Ihe person or pe'lon$ legally en IiI led
Iherelo." Five yea-rs'afler'inuonce of such full reconveyance, Truslee may deslroy said nole and Ihi, Deed (unless direcled in such requesllo reloin them).
110) That at additional security, Truslor hereby gives to and confers upon Ben.ficiary the "ght, power and authority, during Ihe conlinuonce of these Trush, to collect
the renh, issuet and profits of said properly, r.serving unlo Truslor the right, prior to any default by Truslor in payment of ony indebledness secured hereby or in
performance of any agreemenl hereunder, 10 collect and retain tuch renh, issuet and profits os they become due and payable. Upon any luch default, Beneficiary may
01 any lime without notice, either in person, by agenl, or by 0 receiver to be appoinled by 0 court, and wlthoul regard to Ihe adequacy of any s.curity for the indebled.
nen hereby .ecured, enler upon and toke poltestlon of toid property or any porI thereof, in his own nome tue for or olherwise collecl such renh, inu.s and profils,
including those post due and unpaid, and opply the tome, len cotls and e~penses of operalion and collection, including reosonoble oltorney's fees, upon any lndeblednen
secured hereby, and in such order at Beneficiary may determine. The entering upon and taking possession of taid properly, Ihe collection of such rents, iuues ond
profilsandth.applicolionlhereofasoforesaid,shallnolcureor....olv. any defoull or nolice of default hereunder or invalidole any ac I done pursuonl to such nolice.
Ill) That upon default by Trustor in paymenl of any indebtedness ",cured hereby or in performance of any agreement hereunder, Beneficiary moy declare all SUmt
secured hereby immediately due and poyabl. by delivery to Trustee of wrillen declorollon of default and demand for ,ale and of wrillen nollce of default and of election
10 couse 10 be sold said property, which nolice Trustee sholl COUll 10 be filed for record. Beneficiary also sholl deposit ....,11'1 Truslee Ihis Deed, said nole and 011
documenl. evidencing expenditures secured hereby.
Afler Ihe lapse of such time os may lhen be r.quired by law following the recordollon 01 toid notice of default, and nolice of 101. having been given 01 Ihen required
by low, Truslee, without demand on Trullor, shalt sell .oid properly 01 Ihe lime and place fixed by it in toid nolice of sole, eilher os 0 whole or in separate IXIrcels,
and in such order 01 it may determine, at public auction tl> Ihe highe,I bidder for calh in lawful money of the United Slole', payable 01 lime of sol.. Trustee may
poslpone sole of all or any portion of said properly by public onnouncemenl 01 such lim. and place of sole, and from I,me 10 lime Ih.reafter may postpone tuch sole
by public announcement at the time fi~ed by Ihe preceding pOllponemenl. Trustee sholl deliver to such purchaser ils deed conveying Ihe properly so sold, but without
any covenant or warranty, exprelt or implied. The r.cilals in such deed of any moilers or lacls sholl be conclusive proof of the Irulhfulness thereof. Any person,
Including Trudor, Truslee, or Beneficiary os hereinafter defined, may purchase Olluch sole.
Aft.r deducling 011 cosls, fees and expenses of Trutlee and of thit Tru$I, including cosl of e...idence of litle in connection with sole, Truslee .holl apply Ihe proceed,
of sole 10 payment of, 011 sums expended under the lerms hereof, not then repaid, wilh accrued interest 01 teven per cent per annum! 011 olher sums Ihen secured hereby,
and Ihe remainder, if any, 10 the person or persons legally enlitled Ihereto.
(12) Thai Beneficiary may from time to time, by Instrument in wriling, subslilule a succeSlor or succenors 10 any Truslee named herein or oCling h.reund'er, which
instrument, execuled and acknowledged by it ond recorded In Ihe office of the recorder of the counly or counties where said properly is situated, sholl beconclutive proof
of proper subililulion of such successor Trustee or Trutlees, who tholl wilhout conveyance from Ihe Truslee predecenor, succeed to all its tille, estate, righ", powers and
dulles. Said instrument must contain Ihe nome of the original Truslor, Truslee and Beneficiary hereunder, the book ond page where this Deed il recorded and Ihe nome and
oddress of the new Trustee. If notice of default tho II hove been recorded, Ihit power of ,ubllitulion cannot be exercited unlil after the cosls, fees and e~penset of the then
acting Trustee sholl hove been paid to such Trustee, who tholl endorse receipl thereol upon such indrument of subtlitution The procedure herein provided for subslitution
of Truslees sholl be exclusive of 011 other provisions for subslilulion, slolutory or olh.rwise.
113) Thai this Deed applies 10, Inures to Ihe benefit of, and bindt 011 porlies herelo, Iheir heirs, legatees, devlleet, administrators, uecutors, succeuors and auignl.
The term Beneficiary sholl mean Ihe owner and holder, Including pledg..s, of the note secured hereby, whelher or not named os Beneficiary herein. In lhis Deed, when.
ever the conlext so requires, Ihe mOlculine gender includes the feminine ondlor neuler, and Ihe singular number Includel the plural.
(14) That Truslee accepts this Trust when Ihis Deed, duly executed and acknowledged, is mode 0 publiC record a's'provided by low. Trustee il not obligated to notify
any parly hereto of pending sole under any other Deed of Trutl or of any action or proceeding in which Trustor, Beneficiary or Truslee 11'1011 be 0 pCHly unless broughl
by Trustee. . . ',' . ..
DO NOT RECORD
t'f.. ';';Y.' . .-REQUEST' FOR FULL I{ECONVEYANCE
~-'.
(To be u.OcI only when note lia. been paid)
INSURANCE AND TRU'ST COMPANY. ,', Dated
To TITLE TRUSTEE:
The undersigned is the legal owner and holder of all indebtedness secured by the within Deed of Trust. All sums secured by said Deed of Trust ha....
been fully paid and satisfied; and you are hereby requested and directed, on payment to you of any sums owing to you under the terms of said
Deed of Trust. to cancel 0/1 evidences of indebtedness. secured by said Deed of Trust, delivered to you herewith together with said Deed of Trust.
and to reconvey, without warranty, to the parties designated by the terms of said Deed of Trust, the estote now held by you under the same,
," .. ,
.' MAIL RECONVEYANCE To:
~
(BYI
(Byl
(Do not lose or destroy this Deed of Trust OR THE NOTE which it secures. Both must be
delivered to the Trustee for cancellation before reconveyance will be made.)
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'September 22, 1961
United States National Bank
128 E. Huntington Drive
Arcadia, California
Attention: Escrow Officer
Gentlemen:
Enclosed herewith are various documents in connection
with the purchase of property at 56 W. Duarte Road,
Arcadia,
,
It is the desire of the City for existing insurance on
the improvements to be canceled at close of escrow since
the City will cover same under existing City policies.
Very truly yours,
HAROLD K. SCHONE
City Manager
HKS :ps
Enclosure
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