The URL can be used to link to this page

Home My WebLink AboutD-1593 'i i ,'. ,J " I (4' . , I .' CERTIFICATE OF ACCEPTANCE B~ 03932 r ~ 832 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 March 5, 1968 , from or executed by Albert Gadomski , 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 authorized fficers, ~ ~ <:Jl I,' ~~ ~,#.~ City Engineer Ci ty Manage cument thus described is hereby approved .H'I::.~ORDING REQUESTED BY 225 ~K 03932 rG 831 "CITY .OF ARCADIA 67~S9C;: -; <7N, RECORDED IN OfFICIAL RECORDS OF LOS ANGELES COUNTY, CALIF. FOR TITLE INSURANCE & TRUST CO. AND WHEN "I.:CD"Dl!D MAIL TO Na.. I City Clerk I 7 1968 AT 8 A,M. MAR Slr..t Addre.. P.O. Box 60 RAY E, LEE. CountY. Recordec - .. [rREE ~ -J e,t)' I Arcadia, Calif. SIClleL ~ MAll lAX UAlElolbll$ lO SPACE ABOVE THIS LINE FOR RECORDER'S USE ,lj,J J .,}.;). 0 I Naill. City of Arcadia I Street Addre.. CIty I- Stal. L ~ AFFIX r.flo:S. $...1::~:!.~ ....IN THIS SPACE ,~ r ~ -, '..... , Grant Deed TO 40.5 C THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, ALBERT GADOMSKI ,~.reby GRANT(S) to the CITY OF ARCADIA, a Municipal Corporation, ~~/'v~Ir~Bt for public street and road purposes, to become a part of and to be known al?as Baldwin Avenue, in, on, upon and across the follOWIng descnbed real property in the City of Arcadia, County of Los Angeles ,~tate ot t..alifornia: The westerly 17.00 feet of the South 50 feet of Lot 18 of Tract No. 5907 in the City of Arcadia, County of Los Angeles, State of California, as per map recorded in Book 63, Page 67 of Maps, in the office of the County Recorder of said County. ~ g o z o >- U Z UJ ~ U ::J '" ~ A Dated 71&14.lu () ) /9 h ~ (}~!~ STATE OF CALIFORNIA }SS CQQ!'IJ:); OF .LOS ANGELES On 7/"t...d.A- d,,-, e I / ? ~ ft/ before me, the under- / !;!Igned, a Notary Public in and for Said State, personally appeared Albert Gadomski to be the persolL-whose namp Instrument and acknowledged that is he , known to me subscnbed to the wlthm executed the same. r'.."..'."'.."'...."......".....'...OFFicr:.2~"s'EA~. .. ,....".." , CHRISTINE VAN MAANEN ~ ~~ - ~ NOTARY PUBLIC CALIFORNIA ~ ;~# ~ PRINCIPAL OFFICE IN ~ .,,,;..., LOS ANGELES COUNTY WITNESS ~nd snd officIal sesl ') ) S'gnalure ~t~, tYa?U ~~ ~"""'''''''''''''''''.."..""..,.."."'".,, ""'" ,,,,,,,,,,,,, "..'" or Printed) ~ '23 /9")/ (ThiS al~a CO! olfklal not.rlal M'al) Fscrow or Loan No. MAIL TAX STATEMENTS AS DIRECTED ABOVE 1968 "', 0 m t.n n 2e "U ::! 0 :z Q :;;: ;;; ;0 n -< '" -< ,., m 0 Z co m -< -< l\: CJ1 GRANT DEED Title Insurance and Trust Company <"", COMPL~TE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL .. ~j GRANT DEED , . , Title Insurance and Trust Company COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL ~j ~ -. ~ {;1;:-, .,,- CITY ~OUNCIL DON W HAGE M....VOR City of Arcadia C ROBERT ARTH ",...'!'OR PRO TE'" EOWARD ~ BUTTERWORTH ROBERT J CONSIDINE JAMES R HELMS JR ~ 240 WEST HUNTINGTON DRIVE ARCADIA, CALIFORNIA LYMAN H COZAD CITY "'''NAGER CHRISTINE VAN MAANEN CITY CLERK May 9. 1968 . Mr. 500 Los John R. Passarella, West Temple Street, Angeles, California Auditor-Controller Room 153 90012 Attention: Eleanor Parker, Tax Cancellation Section Subject: Request for Cancellation of Taxes Baldwin Avenue Parcel No. 17 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, ~~ RO T D. GLE Ci ty Attorney RDO: jh Enc. 1- MAILING ADDRESSES CITY HALL P 0 80X 80 91008 LIBRARY 20 W DUARTE ROAD 91oo6 POLICE DEPARTMENT POBOX liD 91008 FIRE DEPARTMENT 7105 SANTA ANITA AVE 91006 TELEPHONES 448.4471 . 681-0278 446.7111 447_2.121 44e.212B _:~ ',: . , . , MARK H BLOODGOOD AUDITOR.CONTROLLER ~//rJ3 COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR-CONTROLLER ROBERT A G1L.L CHIEF DEPUTY J R. PASSARELLA, CHIEF. TAX D1Vl610N 153 HALL OF ADMINISTRATION LOS ANGELES. CALIFORNIA 90012 1325-3611 February 21,1969 RECEiVED FEB 27 1969 City of Arcadia 240 West Huntington Drive Arcadia, California CITY OF ARCADIA C1TY ATTORNEY Attention: Robert D. Ogle City Attorney Re: Baldwin Avenue Parcel No 17 Albert Gadomski - Grantor Gentlemen: Pursuant to your letter dated May 9, 1968, taxes have been cancelled in accordance with Section 4986 of the Revenue and Taxation Code. This cancel- lation Honorable Board of Super- by Authorization No. 06162. visors was ordered by the October 22, 1968 Very truly yours, !lARK E. Cf( By BLOODGOOD, Auditor-Controller J. R. Passarella, Chief Tax Division JRP !EHP /tc ~-'r:"~ j)_/~93 TO 1012-1 F C California lend Title ASSoclOtlon Standard Coverage Policy Form COPYrlgnt 1963 POLICY OF TITLE INSURANCE ISSUED BY Title Insurance and Trust Company Tide Insurance and Trust Company, a CalIfornia corporation, herem called the Company, for a valuable conslderauon paId for this poltey, the number, the effective date, and amount of WhICh are shown In Schedule A. hereby Insures the partlC~'S 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, agalOst loss or damage not exceedmg the amoum 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 SUStam by reason of Any defecr In or lten or encumbrance on [he tIde to the estate or IfHerest covered hereby 10 the land descnbed or referred to In Schedule C. eXlstlOS at the date hereof, not shown or referred to In Schedule B or excluded from coverage In Schedule B or In the Condmons and. SupulatlOnS, or 2 Unmarketablllty of such title; or ~. Any defect In the eXe(utlOn of any mortgage shown In Schedule B secunng an mdebtedness. the owner of whIch IS named as an Insured m Schedule A. but only Insofar as such defect affects the hen or ch:iIt'ge of said mortgage upon the estate or Interest referred to 10 thIS policy, or 4 Pnonty over said mortgage, at the date hereof, of any Iten or encumbrance not shown or referred to 10 Schedule B. or exduded from coverage to the CondttlOns and Strpulattons, satd mortgage bemg shown in Schedule B 10 the order of Its pnorIty, all subject, howeve,~~t1'~'}"p'\?o\7iSloos of Schedules A, Band C and to the CondItIOns and StipulatIOns ~~ "\\ hereto annex.cl~ ~CE AND .,.~,. III ;- ~\l' 00000000 V<S' 'I - ~ 00...~ IS PRO..o r II ;:; c, oo,-?..o'" 'J-. -0 ~ . ~ ~ oOfv ~{l.....'1/R~;rn~JPcl!ntSs"''Jf\hereofJ Title Insurance and Trust Company has caused its ~ ..... 0 ~ ~... Q.... {I .-(\ 0 ~ 'lid I b d d d ff ~ , _. 0 ~ Ii' , _carR-orate) name an. sea to e hereunto affJxe by Its uly authOrize 0 lCers ::i1 .... · '-''''~77' "', \-d~ · ... If. ~ -.J .!...::.-'--'>.=~ ,o:!i11Iie, ate sh~n~m Schedule A, " t- 0 Ita~' !lU. ~ :;J ~ :-,~ J_:. l ...g ~ ~ ~ ':.-'~-Q.~J'1JJi'2, 'Q-. ~ fJ '" . L~' ~~.. ", 0 "- '!: ().,. ~~' ''-- - a;l ~'- NO "r ~ 'I · ~ I; -:- : ,--. ' ~Q 0 ~ "1 <'O..O~~A.;; 1~' G~~.OO ,<...,: III oS >4 000000 C'i-'v =- \\\\ NGElES, .$' \\\\\,"~,~ Title Insurance and Trust Company by ~~ r:SIDENT At/est CJLu l1-~ ' SECRETARY CONDITIONS AND STIPULATIONS 1 DEFINITION OF TERMS The folloWlOg terms when used In thIS poiley mean (a) "land" the land descrIbed, speCIfIc- ally or by rdertnce, In Schedule C and Improve-metIts affIxed thereto which by law constHute real property, (b) "Public records" those records whICh lmp,ut constructIve notice of matters relating to said land, (c) "knowledge" actual knowledge, not construchv<:, knowledge or notlCe 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 secunty Instrument, and (f) "lnsl1red" 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 m Schedule A, the Insured 'ihall mclude (1) eaeh successor 10 Interest 10 ownershlP of <;ulh IOdebtedness, (2) any such owner who acqUIres the e<;rate or mterest referred to 10 thiS pohcy by foreclosure, trustee's sale. or other legal manner III sattsfactlon of saId mdebtedness, and (3) any federal agency or mstrumental1ty whtch IS an 10- <;urer or guarantor under an msurance con- tract or gllaranry IOsunng or guaranteem~ <;ald mdebtedness, or any part thereof, whether named as an msured herem or not, subject otherWise to the provISIOns hereof 2 BENEFITS AFTER ACQUISITION OF TiTlE If an lQsured owner of the mdebtedness <;ecured by a mortgage descnbed Hl Sched- ule B acquires saId estate or Interest, or any part thereof, by foreclosure, trustee s sale, or other legal manner In satlsfactlon of saId mdebtedness, or any part thereof, Dr If a federal agency or Instrumentality acqUIres saId estate or Interest, or any part thereof, a~ a consequence of an Insurance contract Dt guaranty msunng or guarantee- 109 the mdebtedness secured by a mortgage Co\ ered by [hIS policy Dr any part [hereof, thIS policy shall contmue III force III favor of such Insured, agency or instrumentality, subject to all of the condulOns and stipula- tions here()f. 3, EXCLUSIONS FROM THE COVERAGE OF 'HIS POLICY ThiS paltcy does not Insure agamst loss or damag~ by reasons Df the followmg (a) Any law, ordmance or gDvernmental regulatIOn (mcludmg but not ItmJted to huddmg and zOning ordmances) restnctlng or reguJatmg or prohibIting the occupancy, use or enjoyment of the land, Dr regulatlOg the character, dimenSiOns, or locatIOn Df .lOy Improvement nDW or hereafter erected on saId land, or prohlbHlng a separation m owner<;hlp or a reductIOn m the dImenSIOns or area of any lor or parcel of land (b) Govt'rnmental fights of police power or emment dam am unless notlce of the l'XerClq' of such nghts appears m the pub"c reulrd<; at the date hereof (c) Title to any property beyond the hnes of the land expressly descnbed 10 Schedule C or tItle to streets, roads ave- nues, lam~s: ways or waterways On ~hlch such land abut<; or the n,cht to IlHllntam therem vaults, tunnels, ramp~ or all)' other structure Dr ImplOvement, or any nghts or easements eherem unle<;<; rhls policy speCIfiC- ally proVIdes lhat <;uch property fights or easements are lnsuled exccpt that If tht' land abuts upon one III more phYSically open streets or hl~h\\'ay<; t]lI<; POlllY In~ure<; the ordlOary nght<; of ahuttlng owners for access to one of SIkh <;trcct<; or highways, unless otherwl<;c e'tepted UJ cxcluded herem (d) Defect<;, Ilem, enlumblante<;, .ldvel<;e claims agalOst the title as lOsured or othel matters (I) created, <;uffcred, .I<;<;umed 01 agreed to by the In<;ured clalmlO~ lo<;s 01 damage, or (2) known to the In~ured Claimant either at tht date of lhl<; policy or at the date such In<;ureJ Claimant ac. qUlred an estate or IOterl'>t lO<;ured by thl'> policy and not shown hy the puh]lc retord,>, unless dlsc!o,>ure thereof In wntlOg hy the In'iured sh.l.1I have been made to cITe Com- pany pnor to the date of thl'> polity, or (~) resultmg 10 no Im<; to tht In,>ured Cl,um. ant, or (4) attadllng or created sub<;eqllenc to the date hereof (e) Los<; or dama~e whllh would nO! have been sustalOed If the Imured were ,\ purchaser or eOlurnbrancer for value WIth- out knowledge 4 DEFENSE AND PROSECUTION OF ACTIONS -NOTICE OF CLAIM TO BE GIVEN BY THE INSURED (a) The Company, ,l{ It'> own co"t and WIthout undue delay shall proVIde (t) for the defense of the Imured 10 .i11 IttlgatlOn conslstlOg of actIOn'> or proleedlng<; com. menced agalOst the lo,>ured, or def'en<;c<;, restralOlOg orders, or IOJunctlOns Interposed agalOst a forec!o~un: ur ~ale of the mort- gage and IOdebtedness covered by thiS pohcy or a sale of the estatt' or locere<;t In said land, or (2) for such .lctlOn as may be appropnate to eS1;lbll<;h the tlt]e of the estate or Interest or the II(.n of thc mort- gage as Insured, '" hllh litigatIOn or actIOn 10 any of such evt'nt<; IS founded upon an alleged defect, hen or encumbrance 10- sured agalOst by thl~ POlICY, and m,IY pur- sue any IltlfatlOn to flO.ll determlO,ltlOn 10 the court 0 last reSDrt (b) In ca<;e any such actIOn or proceed- mg shall be begun, or defen<;e IOterpmcd, or In case knowledge \hall tome to rhe In- sured of any claim of tItle or Interest Whllh IS adverse to the title of tht: estate or 10- terest or lien of tht' mortgage as In<;ured, Dr which mlgh[ cau,>e 11Is~ or damage for whtch the Comp.my ~h.dl ur may be hable by vIrtue Df thl~ POltlY or If the In<;ured shall 10 good faith wntract to sell (he 10- debtedness ..ecun:d br ,I 1l1l)nga~e lovered by thiS pultey, or, I .10 In~ured In good faIth leases or luntrau.. 10 <;ell, lease or mortgage the 5Jme, III If the <;ucct's...ful bidder at a foreclosure ,>a]t' under a mort- gage covered by thl~ pnll(Y refuses to pur- chase and 10 any ~uch event the lJlle to saId estate or Interest IS rt'/ected as un. marketable. the Imured shall notify the Company thereof 10 \\ f1tln~ If such notice shall not be given to the Company WlthlO ten day<; of the receipt uf prucess or plead- lOgs or If the Insured s]ull not, 10 wfltmg, promptly notify rhe Comp.IOY of any de- {cC[ lien or encumbrance Insured against whIch <;hal1 come to tht' knowledge of the Insured, or d the Insured shall not, III wfltlO~ promptly notify the Company of any such rejectIOn by reason of claimed un- market,lbJllty of tnk thcn all liabIlity of tht' Company 10 re~ard to the subJect matter of ~uch actlon proceedlOg or matter shall cea<;t' ,lOd termlOate, proVided, however, that failure to noufy shall m no (ase prejudIce the claIm of an)' Insured unle<;<; lhe Company shall be actually prejudICed by ..ulh failure and then only to the extent of <;uch prejudICe (c) The Company shall have the fight at ItS own COSt to 1ll<;l1tute and prosecute .my actIOn or proceedlll~ or do any Other act which III ItS opmlOn m.1Y be necessary or de<;lfable to establish the w]e of the estate or Interest or the lien of the mort- gage as Insured, and the Company may take any apprOpfl,lte actIOn under the term,> of thiS polJ(Y whether 01 not It ~hall he h,tble thereunder and \11,111 nor theleby con<-ede 11,lbdlty or w.lIve any !HOV1<;lon of thIS policy (d) In all C,l<;e\ whele thiS policy per- mit'> or reqUIre... the Company to pro~ecute or prOVide for the defeme of an)' aCtlflll or proceeding. the In<;ul(d <;hall seCUle to It the fight to \0 plosecute or prOVIde de- fen<;e In <;mh ,ittlOn 01 proceedmg, and all appe,ll<; therem, and perlnlt It to use, at It<; optIOn, the name of rhe In\Ured for such purpose Whenever requested by the Com- pany the Insurt'd <;hall gIve the Company all rt'a<;onable all] 10 ,tny such actIOn or proceed 109, III effectmg <;ettkmem, seclIlIng eVIdence, obtammg w\tnes<;e<;, or prosecu- tIng or defendIng such actIOn or proceed- Ing, .lnd the Company <;hall relmbur~e the Insured for any expen<;e so mcurred 5 NOTICE OF lOSS - LIMITATION OF ACTION In additIOn to the notlCe<; reqUIred undt'r paragraph 4(b), a scatt'ment 10 wntlOg of any loss or damage for whICh It IS c1atmed tht: Company IS hablc: under thiS poliCY shall be furnished to the Company withIn SD,ty days after such IDss or damage shall have been determmed and no fight of actIOn shall accrue to the Insured under thl<; policy untt! thIrty days aher such statement shall have been furll1shed, and no recovery ~hall be had by rhe lnsured under tillS pollcy unll:Ss .1CtlOn shal] be commenced thereon \\ Ithm five year<; after expiratIOn of <;ald thIrty dar peflod Fadure to furnish such statement 0 loss or dama,ge, or to commence <;uch acwlO wtthm the time herelObefore speCIfIed, shall be a con- clu'ilve bar agalOst malOtt'n,lme by the In- sured of any actlon undl:r thiS poilcy 6 OPTION TO PAY, SETTLE OR COMPRO- MISE CLAIMS The Company shall have the option to payor st'ttle or comproml<;e for or 10 the name of the Insured any claIm IOsured against or to pay the full amount of thl\ poltcy, or, 10 case loss IS claimed under tht<; policy by tht: owner of the IOdehtednt <;.. secured hy a mortgag<- covert'd by thl~ POliCY, the Company shall have th(' optIOn to purchase saId IOdebtt'dness, such pur- ch:;.se, payment or tender of payment of (CondItIons and Stipulations Continued and Concluded On Last Page of ThIS Policy) TO 1012-1 AD C Callfr..rnla land ntle AU()(;lotlon Standard CO....erage POIICV-1963 SCHEDULE A Premium $ '-17. S 6 Amount $2, 000 .00 Effective Date March 7, 1968 at 8 a.m. INSURED Policy No 6725947 CITY OF ARCADIA, a municipal corporation. 1. TItle to the estate or interest covered by this pohcy at the date hereof is vested in: CITY 'OF ARCADIA, a municipal corporation. '2, The estate or interest in the land descrIbed or referred to 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. Taxes or assessments which are not shown os eXlstmg hens by the records of any taxing authonty that levIes taxes or assessments on real property or by the publIc records. 2 Any facts, rIghts, mterests, or clOlms whIch are not shown by the public records but whIch could be ascertamed by an mspectlon of saId land or by makmg mqUlry of persons in possession thereof 3 Easements, darms of easement or encumbrances winch are not shown by the pubhc records + Discrepancies, conflIcts in boundary hnes, 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 clanns, reservatIons or exceptIOns In patents or In Acts authorizmg the Issuance thereof, water rIghts, claIms or tItle to water ~; F :~I' TO 1012.18 Cont C QlhfQrnla Lond TItle AUlldohon Standard Coverol1e Pollcy-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. General and special for the fiscal year Second Installment county and city taxes 1967-1968, 530,13 Parcel No. 5785-1-35 2. Covenants, Executed By Recor'ded conditions and restrictions in the deed Peter L. Cuccia and Sarah F, Cuccia prior to February 15, 1950 in bOOK 1443 page 305, Official Records 3. An action in the Commenced Entitled Superior Court February 9, 1968 City of Arcadia, a municipal vs. Britta"L. Albert et al., 926351 county of Los Angeles public use Parcel 17 corporation ." Case No. Nature of Action Affects Notice of the pendency of said action was Recorded February 9, 1968 in booK M-2772 pgge 966, Official Records . "" .' 10 l012.1-10.56-1C C Am.rlcen Land Title Assoclotlon Loan Poltq< Addlflonal Coveroge-1962 0' CoJifprnlo land Title ASSOclotlon Standard Coverage PoJlcy-1963 SCHEDULE C The land referred to in this policy is situated in the county of Los Angeles, state of California, and is described as follows: The westerly 17.00 feet of the south 50 feet of lot 18 of Tract No. 5907 in the city of Arcadia, county of Los Angeles, state of California, as per map recorded in bOOK 63 page 67 of Maps, in the office of the county recorder of said county. . TO 23. VC .., , _; ~(fJ@ ~@l , '~, ,':"~ ~'i'i"l' V~ ,-4~ -~/ IYl10Ml flv~ /11101'11 fl,~ r.:.. , :fyl,- 0\ ~~~'h1iHCf\~~}fft;ift,!!~~}/, ,"': 'i 1;.~~~.r$/T!fla~';fkf;;::t:~~r;ijl'i?;'~Jf;b,jill'$l~:'tf [P~mf1if,',,'1I1i.~,!1!..,<!1'Ii.~"'" ,~~, ", '.,,'~.~~,r1!.'1;t;;;,"Ii~.,P,:~ ,-",0,..l',',,'Ji.;.' i&i ;.1$, ~i/i.'Mr,,, r_1t ;1,\;;~r80J16'3 fSi"'-r-.;. //$'-83:;" ~';:;".,~~"" ~ ~ 1:,'"2:/~C- F:-~~' \: ~ ," " l'~ ~ I. !l<l ~ ,,~ i,I'''' !""; "V, Il' 'l} ,v"'i S'; 'f'~ C'W7~ ~~ p: 4 &,,';:,'; I 6 ~ ~ ,\ifi!.P t{';.:''t,,~ ~:I \0 Jtt~ ~; '3C~OJ ~:-: ~ ~ - ') .1'5 ~ l;~-",.~ " .328 S4t;.~ j~, ~//s: BJ <:) ~::C;;Mi,.VO o..c f~tt\/,'t:".., frl,1!b~ 33~4.9 ~ZW!\~!:/l ;83 JJh"\i:J~ ~\:,h; JJ 9"&9!if!i:_,r,~\ , 'Wj','E'b j I ---~'" ;-~ . :S:-I- /7 ~ ~ 15 ~'" .. I ~ "l I "i I '" ~ j //$ 83 60 ~ 8 '" .. ') 9 1/583 RERL //;: 83 14 13 12 ~^'" '~"':~-': , -~-- II TRACT N~:5907 MB,63 PG,67 @ 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. d' CONDITIONS AND STIPULATIOt-lS (Continued and Concluded From Reverse SIde of Policy Face> lhe ful] amount of this POlICY, to~t'ther \\ Ilh .lIl costs, attorneys' fee.. and c"{pen..e~ \\ I1lch tht' Company IS obligated tH:reunder In pay, shall~ termlOate all lIahillty of the Cllmp,IOY hereunder In the event, nfter notlC( of clan" has been given to tht Com. r.lny by the lnsured, the Comr.my offer~ to purclM..t. ..a]d mdebtednes.., the owner of ..uch mdehtedness shall transfer and a"SI~n ",lid Indebtedness aod the mortRa~e "ecurlng tht 5ame to the Cnmpany upnn payment {If the purchase pnce 7 PAYMENT OF LOSS (a) The !tablhty of the Company under tlm pO[ICY <;hall 10 no case exceed, III all the .1ctua[ loss of the Insured and co..t.. and ,lttorneys fee.. which the Company may be ()hh~ated hereunder to pay (b) Tbe Company WIll pay, In additIOn to any Ims Insured agalOst by thl<; rollcv, .Ill (O~ts Imposed upon the Imured III ilti- g,ltlOn carned on by the Company for the I""ured, and nil costs and attorney..' fee.. In Iitl,gatlOn carned on by the Insured with the wntten authoflzatlOn of the Company (c) No c1atm for damages shall anse or be malO tal nab Ie under this policy (1) If ,he Company, after havlOg received nobce of an alleged defen, lien or encumbrance not excepted or excluded herem remove.. :>uch defect, 11eo or encumbr,lme within a rea<;on,lble tlme after receipt of ..uch notIce \)r (2) for llabdlty \oluntanly ,mumC'(l by the Insured In settlmg any cl,ll!ll or ..Ult Without written consent of the Company, or (3) m the e\ent the wle I.. reJecred a<; unmarketable because of a deft'ct, lien or encumbrance not excepted or excluded In thiS pohcy, unnl there has bet'n a flOal dett'rmmatlOn b} a court of competent Jun..- diction sustammg such rejectIOn (d) All payments under thiS pohcy, ex- cept payments made for co<;(.., rtttorney~ fees and expen..es, shall reduce the amoum of the In..urance pro tanto and no payment shall be made Without prodUCing thl" policy for endOlsement of ..uch payment un[es<; the polity be lmt or de..troyed, In which (.l..e proof of <;uch Ims or de..trllctton ~hall be fur01<;hed to the satlsbctlon of the Com. pany, proVided, howC',er. If Ihe owner of an IOdebledn('..~ ..elund by .1 mortgage ~hown m Schedule A I" ,to Inmred herem then such pavm(;'nt.. ..h.1I I not reduce pro tanto the amount of 1I1l lO<;ur,lnce afforded hert'under a.. to "Uth In~ult'd, except to the extent that ..uch p.lynH.oh n.duce the amount of the IOdebredm:..s ~l'curt:d by such mort- gage Payment In full hy any person or voluntary satishctlon or relt'.tse by the 1n- sUled of a mortgag(;' Covtred by thiS polICY shall termmate all hJ.hlllty of the Company (0 the Insured owner of rhe IOdebtedne..s sffured by such mortj.:,lge, e"{cept as pro- Vided In paragraph 2 hereof (e) When liability h.ls heen deftOlte[y fIxed In accord,lnce wlIh (he condItIOns of thiS policy the [0.... or d,lm,lge shall be pay- able within thirty day.. thert'after 8 LIABILITY NONCUMULATIVE It IS expres~[y lInder..wod that the amount of th].. polll} I'> reduced by any amount the Comp,JOr m.l} pay under any policy insuring rhe \.lhJlty or priority of any mOrtgnge ~h(l" n or rderred (0 10 Schedule B henof ur ,lny mortgage here- after executed by thl Imurt"d which IS a charge or hen \\n IlK t....t,\tt or mtere<;t deSCrIbed or referred to In Schedule A. and the amount so paid ..h tll ht. deemed a par- ment to {he In..ur~d lllldu thiS policy The proVISions of (hl~ p,lr,IJ.:f,lph numbered 8 <;hall not apply to ,In (rhured owner of an IOdebtedness secured by .1 mortgage shown 10 Schedule B un[e<;,> "ulh Imured acqUIres [ltle to saId estate or Jlltele~t 10 satisfactIOn of said IOdebtedne.... or ,JOy pMt thereof 9 SUBROGATION UPON PAYMENT OR SETTLEMENT Whene\er the Cnmp.1ny sh..1I have settled a dalm under thiS pollcy .III right of sub- rogation shall vest 10 the Company un- affened by any act of the Insured, aod It ..hall be subrogated to and be entitled to all nghts and rem edIt .. which the Insured would have had agaJO~t ,my person or prop- erty In respect co ..uch claim had thiS polIcy not been I..sued If the payment does not cover the 1m.. of the Imured, the Company ~hall be subrogatlJ to such nght.. and remedies JO the proportIOn which said pay- ment bears to the ,1mouO( of ..aid loss If lo..~ shollld rt'..ult from ,10\ act of the In- ..ured, ~llch ,1(,( ~hall not \(tlJ thl~ pohcy but the COrf'p,IO~' In th.lt e\ent, shall be legullld ((l p,ly only th.lt p.lrt of .IIlY [0.'>,>e~ IIlmrcd ,\l~,lJO~t heleunder whilh ~h,lI[ eA- ceed the ',lIlHlunt If ,lnr, Ill..t to the Com- p.lOy hy reasoo of the Jlnp.llrment of fill';' nght of ~ubrojPtJ()n The Iosured, If re- quested by the Comp.lny, ..hall tran..fer to the Company a[1 n,ght.. aod remedies a~alnst any perSon or prupeny netes,,>aty In ordu to pufen <;ulh n,ght of ..ubrogatlOn, and shall permit {he Comp.1oy to use the name of the Insured JO any tran..actlon or litIgatIOn mvolvlOg ..uch n,ght.. or remedies If the (mured ]S the owner of the In- debtednt'.... secur(.d by " mortgage ((]vere<.l by thl~ polley, ..uch In..urt'd may releast' or ~ub~tJttlte the person,d ilabllltr of ,lOy debtor or guarantor or extend ()J otherWise modify the term.. of payment, or rele,l..e a portIOn of the e..t,lte or 100erest from the hen of the mortga,ge, or release ,lny col- lateral ">ecunty for the lOdebtedness pro- \ Ided ..uch ,ICt doe.. not rt'..uh 10 any ]os.. of prlOflty of the lien of the mortgage 10 POLICY ENTIRE CONTRACT Any aCtion or actIOns or nght.. of actIOn that the (n..urtd may 11.I\'e or may bnng ag.J.lO..t the Comp.lny afJ"lng out 0' the ..t.uus of the [Ien of tbe mOltg,tge covtrt'd by thl" policy or the title of the t'..t,ltc: Ol JOtere'>t lO..urc:d herelO lnu~t be b,l"ld on the prOVI..lon.. of thl~ pO]ICY No proVISIOn or conditIOn of till'> polIcy t,tO he waived or changcd t'xct'pt by wfltmg enJor<;(:J hereon or 3rtached hereto Signed br rhe PreSident, .t Vice Presldent, tht SecretJry, an AssIstam Selrt'tary or orher \ J.hd.1tlOg offICer of th( Company 11 NOTICES, WHERE SENT All notICes reqUITed to be given (he Co!))- pany :.1nd any ..tateme-nt In Wrltlng reqUired to be furOlsht'd the Company shall bl .Id- drc:,..~t'd to It at the office whIch I..sucd thl" policy or to It.. Home Office <1 3 ~ South Splln,g Stre-ct, Lo.. Angcks 54, California 12 THE PREMIUM SPECIFIED IN SCHEDULE A IS THE ENTIRE CHARGE FOR TITLE SEARCH, TITLE EXAMINATION AND TITLE INSURANCE @ Title Insurance and Trust Company FOUNDI!:D IN 11"'3 POLICY OF TITLE INSURANCE Oflermg complete tItle serVlces throughout the state of CallformlJ wlth just one local call Complete utle serVIces also aVGllable In the states of Alaska, Nevada, Oregon and Washmgton: through SUbslduuy Companzes Title Insurance and Trust Company Home Office 433 South Spring Street Los Angeles 54, California