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HomeMy WebLinkAboutD-1586 'J.f ~" ',j If ~'.,~ CERTIFICATE OF ACCEPTANCE BKD392TfG ,gO 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 February 26, 1968 , from' or executed by Carissina De Benedet , is hereby accepted by the City of Arcadia by the order or authori- zation 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 r~cordation thereof by its duly authorized officers. __~..L adi 7/ ~ , . City Manage City Engineer Tho doo~ent thu' d",rib,d i, h~~~~ C i!..... ey :.~.: l\:) c.o ~ ~ .-- ~ CITY, OF ARCADIA 299 ~K 03927 rG 189 r; 7J'77c?.5' /"f/;r.r-/.,j' AND WHEN RE;COltDEO JoIIAIL TO RECORDED IN OffIC,AL RECORDS OF LOS ANGELES COUNTY. CAliF, FOR TInE INSURANCE!. mUST co. MAR 1 1968 AT 8 A.M. RAY E. LEE, County Recorder lEREE Q...N , I I Nj)",. City Clerk P.O. Box 60 Arcadia, Calif. ~ Str..t Addr_1t CIty & Stal.L SPACE ABOVE THIS LINE FOR RECORDER'S USE /ll\All TAX nAnMENT5 TO I City of Arcadia I FREE RECORDING ESSENTIAL TO ACQUISITION BY CITY OF ARCADIA, a municipal corporation. SEE' GOVT. CODE # 6103. Nom_ SIr..t Addr.u City & S,oteL QUe 'v 1IV- SIAIE:Mt:l'l1 A6tJ-lC't - NO -.J " Grant Deed " , =r:> . /..l' NAIf ~ AFFIX t:It:S. $ .;? ~C) , ~ ~ , ~ \) .>.. ~ TO 405 c: (4.67) THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is hereby aCKnowledged, CARISSINA DE BENEDET, a married woman, as her separate property, ..Jthereby GRANT(S) 10 the CITY OF ARCADIA, a Municipal Corporation, \, Ul~ /IV f' e IE. . i:: 'aR easemeRt for publ~c street and road purposes, to become a part of and to be known ~ .~a1dwin Avenue, in, on, upon and across the following de,cnbed real property in the City of Arcadia, County of Los Angeles , State of California: That portion of Lot 1 of Tract No. 4467, in the City of Arcadia, County of Los Angeles, Stgte of California, as per map recorded in Book 53, Page 10 of Maps, in the office of the County Recorder of said County, described in the deed to Sebastion DeBenedet and wife, recorded April 18, 1951 as Instrument No. 1522 in Book 36076, Page 208, Official Records in said office of the County Recorder, as included within the following described lines, Beginning at the southwest corner of said lot; thence easterly along the southerly line of said lot to the beginning of a tangent curve concave northeasterly having a radius of 15.00 feet; said curve being tangent northerly to the easterly line of the westerly 22.00 feet of said lot; thence northwesterly along said curve to said easterly line; thence northerly along said easterly line a distance of 50.00 feet; thence northerly in a direct line to the point of intersection of the easterly line of the westerly 17.00 feet of said lot with a line drgwn at right angles through a point in the easterly line of said westerly 22.00 feet of said lot and distant northerly along said line 175.00 feet from the northerly terminus of said curve; thence northerly along the easterly line of said westerly 17.00 feet to the northerly line of said lot; thence westerly along said northerly line to the westerly line of said lot; thence southerly along said westerly line to the point of beginning. ~ "- U to '" tn () ':tl ! ,~ f::> I 0 :z Dat~~~~ ,2{..,./9('[>, / r6f1~/')~~D /); !dh-J;tf ( Carissina De Benedet () ;;, ;~ n ., 'I hi r., o OJ ~ o ~ " t " STATE OF CALIFORNIA TY OF LOS Al'lGELES }SS before me, the under. ic In am for said Slate, personally appearerl ssina De Benedet to he the person~whose namE> Instrument and acknowledged that is she , known to me subscribed to the wlthlll executed the same ",,,..........,,.,,...,,,,....,,............. ~...."""."'"....""..,.."...."." OF'F"ICtt:.:.. SEA:" ~ \ . CHRISTINE VAN MAANEN \ , " ' NOT/l.RY PUBLIC CALlFORNl)l. , i > PllINC'PAL OfFJCE IN i i .' LOS AItGELES COUNTY i ~."........".".,'".......,,,....,,....., , ,......,.,.",.,.' "".."",..,,,,,,,,... ~~C,~~ f /? '/ (Thl~ 1r1'4 fOI otlll"leI nolulll.!lea\) . No. MAIL TAX STATEMENTS AS DIRECTED ABOVE , ...;) .' . ! \ GRANT DEED GRANT DEED i " ~i , u;\ : 11:1 ! ..,., I ,', , ' , I I I'S' Title Insurance and Trust Company Title Insurance .and Trust Company , , COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL COMPLETE STATEWIDE TlTLE SERVICE . WITH ONE LOCAL CALL " .. ~ .'-. (' .... , '. .." '\ ~':*" .. \ " CITY COUNCIL DON. W HAGE ~A'l"OR City of Arcadia C ROBERT ARTH MAYOR PRO TEM EDWARD L. BUTT"ERWQRTH ROBERT J CONSIDINE JAMES R HELMS JR ~ 240 WEST HUNTINGTON DRIVE ARCADIA, CALIFORNIA LYMAN H COZAD CITY MANAGER CHRISTINE VAN MAANEN CITY CLERK May 9, 1968 Mr. 500 Los John R. Passarella, West Temple Street, Angeles, California Auditor-Controller Room 153 90012 Attention: Eleanor Parker, Tax Cancellation Section Subject: Request for Cancellation of Taxes Baldwin Avenue Parcel No. 41 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, ~~ City Attorney RDO:jh Enc. 1- MAILING ADDRESSES CITY HALL POBOX 60 910045 LIBRARY 20 W DUARTE ROAD PlOOf! POLICE DEPARTMENT POBOX eO SI1006 FIRE DEPARTMENT 710 5 SANTA ANITA AVE 91006 TELEPHONES 448.4471 . 681-0276 446-7111 447-2121 448.212.8 -. . .' . . . . . . . . "~,, .'" 11- /&~t COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR,CONTROLLER ROBERT A. GILL CHIEF DEPUTY 153 HALL OF ADMINISTRATION LOS ANGELES, CALIFORNIA 90012 625.361' J R PASSARl::LLA, CHIEF, TAX DIVISION MARK H, BLOODGOOD AUDITOR.CONTROLLER May 21, 1969 City of Arcadia 240 West Huntington Arcadia, California Drive 91006 RECEIVE8. MAY 2'[ 1969 CITY OF ARCADIA CIT"G AlTORNEY ~ Attention: Robert D. Ogle City Attorney Re: BALDWIN AVENU!!; PARCEL NO. 41 Dear Sir: Pursuant to your letter dated 'May 9, 1968, taxes have been cancelled in acc'.,rdance with Section 4986 C'>f the Revenue and Taxation C,:)de. This cancel- lation was ordered by the Honorable Board of Super- visors 6C{~29, 1968 by Auth'lrization No. 06364. Very truly y'urs, l'~ BlJ)ODGOOD, Auditor-Controller ,ay J. R. Passarella, Chief Tax Division JRPjEMP!ej<t v v-. \ TO 1012-1 f C CallfornlO land Title ASSOClotlon Standard Coverage Polley Form Copyright 1963 POLICY OF TITLE INSURANCE ISSUED BY Title Insurance and Trust Company TItle Insurance and Trust Company, a CaltfornIa corporatIOn, herein called the Company, for a valuable consideratIOn paid for thIS POlICY, the number, the effectIve date, and amount of whICh are shown III Schedule A, hereby insures the partIes named as Insured in Schedule At the helts, deVIsees, personal representatIves of such Insured, or Jf a corporation, ItS successors by dJssolutlon, merger or consoltdauon, against loss or damage not exceedmg the amount srateJ Ifi 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 . Any defect In or hen or encumbrance on the title to the estate or Interest covered hereby In the land deSCrIbed or referred to In Schedule C, eXI~tlng ,tt the date hereof, not shown or referred to In Schedule B 0[ excluded from coverage m Sched.ule B or m the Condmons and Supulatlons, Ol 2 Unmark.etablllty of such utlc. or 3 Any defect In the executIOn of any mortgage shown 10 Schedule B secUrIng an IOdebtedn~the owner of whICh IS named as an Insured In Schedule A, but only IOsofar as such defect affects the lIen or charge of said mortgage upon the estate or Inleres( referred to 10 thIS pohcy, or -4 PrlOnty over said mortgage, at the date hereof, of any hen or encumbrance oot shown or referred co m Schedule B, or excluded from coverage 10 the ConditIOns and StipulatIOns, said mortgage bemg showo in Schedule B In the order of Its pnonty, all subject. howev.!'r:,~1B-}~p"~\:ISIOOS of Schedules ^. Band C and to the ConditIOns and StipulatIOn, _- C "\\\ hereto annex.cl~ ~C.. AND "V. \1 - ^~ 0...00 VoS' 'l, : ..:;,~ oo.~€. \S PR~~~o }- IJ~ ,-0' 0 . ~o """"I TV"'. ^w.'J. f j:f < o.~ ~~f.{JB.J.;~n;l,.w'(JJnisstl"l '(jereo J TItle Insurance and Trust Company has caused Its ".J ...... 0 ~ >J-~ ~ \!.' ~ -<-. 0":::,. h d :? '-. o}...;, 1) cgcp-orate) name and seal to be hereunto affixed by Its uly authoC1zed officers ;i! .... .~...~'7' \~ '''''d~ 0 .., '1 ~ ...J OL~:.:s_""'~ on,Hie, ate,.hq~rr~n Schedule A. "'..... '~' ~. Uo~ ~ ~ _ .~ .~. .. z % r. l-. . /~ 0 ~ % ~ 0 "-"".r.tV~.r~ ','=: ~ ~ 0 -" :,\",,~ _' ' ,Q. ~ fJ ~ 001-~ '"'c-<- ,<, ~'v 0 '* ~ 'I Q" Ii' ,~c, . ' <;!-v 0 ;; III <0 "o~r"i~,~ G\.'l~.oo ~ '5 'I, oS' "I 00000000 c~v ..;: \\" NGELES. .-::--= \\\\""~~- Title Insurance and Trust Company by ~~ ~SIDENT A/test ~H-~ . SECRETARY CONDITIONS AND STIPULATIONS DEfiNITION OF TERMS The following t~rms when used 10 thIS polICY mean (a) "land the land descnbed, specdlc- ally or by n::fert'nle, 10 Schedule C and ImprOV~ments affIxed thereto which by law constitute real property, (b) "publIC records' those record~ which Impart constructive nohce of mattels relating to saId land, (c) "knowledge" actual knowledge, not cOnstfuc:tlve knowledge or notice whIch may be Imputed to the Insured by rcason of any publIc records, (d) "date" the effec(Jve date, (e) 'mortgage" mortgage, deed of trust, trust d~ed, or other security Instrument, and (f) "Insured" the party or partIes named as Insllred, and If the owner of the in- debtedness secured by a mortgage shown 10 Schedule B IS nd.med as. an Insured In Schedule A, the Insured shall mclude (1) each Sllccessor In mterest Itl ownership of such Indebtedness, (2) any such owner who acquires the e~tate or mterest referred to In thIS polICY by foreclosure, trustee's sale, or other legal manner m satlsfactlon of <;ald Indebtedness, and (3) any fedcral agency or In<;trumentallty whICh IS an 10- surer or guarantor under an Insurance con- tract Or guaranty IOsunng or guaranteelOg said Illdebtedness, or any part [hereof, "hether named as an msured herem or not, subject otherWise to the provl.510nS hereof 2 BENEFITS AFTER ACQUISITION OF TITLE If al') msured owner of the IOdebtedne<;<; <;ecured by a mortgage deSCrIbed In Sched. ule B acqulI cs <;.lId estate or lOterest, or any part thereof, by foreclosure, tru<;tee'<; sale, Or other legal manner 10 satIsfaction of said Indebtedness, or any part thereof, or If a federal agency or instrumentality aeqUlr~s said estate or lOterest, or any part thereof. as a consequence of an Insurance contract or guaranty In'iUrmg or guarantee- 109 (h~ IOdebtedness secured by a mortgage cmereel by thiS poltcy, or any part thereof, thiS polley shall continue In force 10 favor of such Insured, agency or instrumentality, subJect to all of the conditions and stlpula- tlOnS hereof 3 EXCLUSIONS FROM THE COVERAGE Of THIS POLICY ThiS poilcy does not IOsure agalOSt los<; or da01age by reasons of the follOWing (a) Any law, ordmance or governmental regulatIOn (mcludlOg but not llmlted to budding and zonlOg ordinances) restnwng or regulatlOg or prohlbltmg the occupancy, u<;e or enjoyment of the land, or regulatlng the ch.lfacter, dimenSIOns, or locatIOn of .my lf11provemcnt now or hereafter erected (In <;ald land, or prohIbiting a separatlOn In owner~hlp or a reductIOn In the dImenSiOns or area of any lot or parcel of land (b) Governmental nghts of pollce power or errllnent domain unless nouce of the L'xero'ie of <;uch nghts appears 10 the publtc relord~ at the date hereof (e) Title to any property beyond the Imes of the land expressly descnbed In Schedl..ile C, or title to streets, roads, ave- nues, lanes, way<; or waterways on whICh such land abut~, or the II,l::ht to malOtam therem vaults, mnneh r:tmp~ or any orher structure or Improvement, or any fights or easements therem unle<;s [hiS pohcy speCIfiC- ally proVides that "mh property, fights or easements are 1000llled, except that If the land abuts upoo one 01 Illore physlC,lily open streets or hl~hway~ tlll<; policy w<;ure<; the ordmary rIght<; of anurtlng owners (or access to one of stich <;trects or hlghway<;, unless otherWise e'\ceptt"d 01 excluded herein (d) Defect<;, hen<; enlumbraon:<;, adverse claims agamst the title as msurt"d or other matters (1) created, <;uffered, assumed or agreed to by the Imured claiming loss or damage, or (2) kno\\n to the Insured Clalmanr either ,It the date of tlw. poJJ(.)' or at the date such Imured Claimant ac-, qUlred an estate or lntere~t msured by thl\ poilcy and not shown hy the public rt'cord<;, unless dlsclo~ure thereof In wntmg hy the Insured shall have been made to the Com- pany pflor to the date of thl<; policy, or (3) resultmg 10 no loss to the Imured Claim- ant, or (4) attachmg or created subsequent to the date hereof (e) Loss or damage whlch would not have been sustamed If the Insured were .I purchaser or emulllhr,tncer for value With. out knowledge 4 DEfENSE AND PROSECUTION Of ACTJONS -NOTICE OF CLAIM TO BE GIVEN BY THE INSURED (a) The Company, .U It<; own cost and Without undue del,q shall proVide (1) for the defense of the I n\urld m all iltlgatlOn Conslstlng of acuon~ or proleedmgs com- menced agamst the In\ured, or defeme\, restraming orders, or InJunctlOns Interposed agamst a foreclo\ure or ~dle of the mort. gage and mdebtednes<; covered by tlus policy or a sale of the estaTe or mterest In saId land, or (2) for ~uch actIOn as may be appropflate to e<;tabllsh the title of the estate or Intt'rest or thl hen of the mort- gage as msured, whllh litlgdtlOn or actIOn In any of such event<; IS founded upon an alleged defect, ben or encumbrance In- sUled agdlO<;t by thl:' pohcy, and may Plll- sue any btlgatlOn to fln.d deTermination ltl the court of IdSt re~ort (b) In ca<;e any such actIOn or proceed- Ing shall be begun, or defen<;e mterposed, or 10 case knowledge \haJJ come to The 10- sured of any claim of wle or IOterest which IS adverse to ,he otic of the estate or 10. terest or lien of the mortgage as msured, or whICh might CdU\e lo~~ or damage for which the Compdny :.h,1I] or may be il,lble by virtue of thl\ POill}' or If the In<;ured shall In good fdJ(h tuntrdct to sell the In- debtedness ...elurld br ,I nwngdge covered by [hiS polK}', or, J ,In Insured m good faIth lea~es or wntr,lll\ to sell, lease or mortgage the ~.\rne, or If the succes...ful bidder at a forerlosure \..de under a mort. gage covered by tlm policy refuses to pur. chase and In dny ~uch event the title to saId estate or Intere\t IS rt'Jected as un. marketable, tht In~ured shall notify [he Company thereof m wntlng If such notlce shall not he given to the Company wlthrn ten days of the receIpt of process or plead- Ings or If the In<;ured sllJll not, In wfltlng, promptly nonfy the Comp.IOY of any de- feet ilen or encumbr:\nce Insured against whIch shall com~ to th(' knowledg(' of the Insured or If the Insured shall not, In wfltltlg promptly notify the Company of any such rejectIOn by red\lln of rlalmed un- nurket.lbllITY of tllle, then all liabIlity of the Company m reg.trd [0 [he subject matter of ~uch actlOll, proceeding or maTter shall cease ,lOd Termmate, prOVided, however, thdt fadure to natlfy shall In no case prejudice the claIm of ,my Insured unle<;<; the Company shall be actually prejudiced by such fallure and then emly to the eXtent of such prejudICe (c) The Company ~hall have the tight .It ITS own COST ro ImtJtute and prosecute any actIOn or proceeding or do any mher Jet WhlCh In lt~ opmwn m,ly be neccs<;alY or deSIrable to establish the title of the estate or Interest or the hen of the ffiOlt- gage as lO<;ured, and the Company may Take any appropnate aCllon under the term\ of thiS pohcy whether or not It <;hall be Iwble thereunder and shall not thereby concede hablllty or wJlve dny proVISion of thiS pOlley (d) In all c.tse<; where thiS polICY per- mIts or reqUires the Company (() pro<;ecute o[ proVIde fm thl' dcfeme of any .lCtlOn or proceedmg, the !muled shall secule to It the fight to <;() plO<;e('ute or provld(' de- feme 10 such actIOn 01 proceeding, and all appeals thereIn, and permit It to use, at It~ optIOn the name of the Insured for such purpose Whenever requested by the Com- pany the Insured <;hall give the Company all reasonable aid In any such actIOn or proceed 109, 10 effectln.'i <;ettlemem, secunn.'i eVIdence, obTamlOg wltnes<;e<;, or pro\ecu- tlog or defending such ,,('tlOn or proceed- 109, and the Company ~h,lll relmbUlse the Insured for any expen<;(' so IOcurred s. NOTICE OF LOSS - LIMITATION OF ACTION In addITIOn to the notlce<; reqUired under paragraph 4 (b), a <;(atement In wfltlng of any loss or damage for which It IS claimed the Comp:lOY IS ll,lble under thiS policy shall be furmshed to the Company wlthlll sixty days after sUlh loss or damage <;hall have been determlOcJ and no tight of actIOn shall aCCrue to the Insured under thiS pobcy untd thirty days after sUlh statement shall have been furnished, and no recovery <;half be had by the Insured under thiS polICY unles<; actIOn shall be commenced thereon wlthltl five year<; after explfatlOn of <;ald thirty da! penod Fadurl to furnish such statement 0 loss or damage or to commenCe \uch J.ctlon wlthm thl time herembefore speCified, shall be a con. c1uslve bJ.r agaln\t mallltendllle by the In- sured of any aCtion unJel tIllS polllY 6 OPTION TO PAY, SETTlE OR COMPRO. MISE CLAIMS The Company shall have [he Optloo to payor settle or comproml<;e for or In tht name of the Insured any claIm Insured agalllst or to pay the full amount of thl\ POlICY, or, m case lo'iS IS c1dlmed under thl\ pohcy by the owner of the mdebtldnl \\ ~ecured by a mortgage covered by thl\ pohcy, the Company <;hall have the optJOn to purchase saId IOdebtedness, such pur- chase, payment or tender of payment of (CondItIons and Stipulations Continued and Concluded on Last Page of ThiS Polley) ~ TO 1012-1 AB C Callforma land Title Association Standard Covcroge Pohcy-1963 SCHEDULE A Prernium $ tI 0, 0 Ll Amount $ 2,000.00 Effec~ive Date March 1, 1968, at 8 a. m. Policy No 67 39 705 INSUltED CITY OF ARCADIA, a municipal corporation. 1. Title to the estate or interest covered by this policy at the date hereof is vested ill: CITY OF ARCADIA, a municipal corporation. 2. The estate or interest ill 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 8S eXIStIng hens by the records of any taxmg authonty that leVIes taxes or asseSSJIlents on real property or by the publIc records 2. Any filets, rIghts, mterests, or claIms whIch are not shown by the publIc records but which could be nscertamed by an Inspectlon of SaId lond or by makmg mqUlry of persons In posseSSIOn thereof. 3 Easements, clarms of easement or encumbrances whIch are not shown by the pubhc records 4, DIscrepanCIes, conflIcts in boundary lmes, shortage In area, encroachments, or any other facts whIch a correct survey would dIsclose, and which are not shown by the publIc records 5. Unpatented mining claims, reservatIOns or exceptions m patents or m Acts authonzmg the issuance thereof. water nghts, clauns or title to water, " , TO lOl1.l~ Con1- C' CahfornlCl Land Till. Anoc!atlon Slondard Canroll. PolIcy-I 963 S C H E D U L E B - (Continued) PART II 1. General and special county and city taxes For the fiscal year 1967-1968, Second Installment : $204.72, Parcel 5785-015-002. 2. Covenants, Executed By Recorded conditions and restrictions in the deed Peter L. Cuccia prior to February ,15, 1950, in book 738, page 23, Official Records. TO lOI2.klQ56-1C C American (.ond TItle AsSocIatIon loon PolKY Additional Coveroge-1962 0' Ca\lftm'lla land Title Assoc\ahar. Standard Coverage Policy-1963 SCHEDULE C The land referred to in this policy is ,ituated in the county of La, Angeles, state of California, and is described as follows: That portion of lot 1 of Tract No. 4467, in the city of Arcadia, county of Los Angeles, state of California, as per map recorded in book 53, page 10 of Maps, in the office of the county recorder of said county, described in the deed to Sebastion De Benedet and wife recorded April 18, 1951, as Instrument No. 1522, in book 36076, page 208, Official Records in said office of the county recorder, as included within the following described lines: Beginning at the southwest corner of said lot; thence easterly along the southerly line of said lot to the beginning of a tangent curve, concave northeasterly having a radius of 15.00 feet, said curve being tangent northerly to the easterly line of the westerly 22.00 feet of said lot; thence northwesterly along said curve to said easterly line; thence northerly along said easterly line a distance of 50.00 feet; thence northerly in a direct line to the pOint of intersection of the easterly line, of the westerly 17.00 feet of said lot with a line drawn at right angles thrpugh a point in the easterly line of said westerly 22.00 feet of said lot and distant northerly along said line 175.00 feet from the northerly terminus of said curve; thence northerly along the east- erly line of said westerly 17.00 feet to the northerly line of ,said lot; thence westerly along said northerly line to the westerly line of said lot; thence southerly along said westerly line to the point of beginning. ' . ~34 VC ., , / LOTS /10 4 / / TRACT NO 4467 l300k sa PO'J'! /17 <y MOJ's :i I' ': , , 55 A -I2TZ9 J100 " 1 I ",'? I . 'O~ I I ~o. I -------1..------+-- ~ ESTRE/..i.A! AVE. I 'I ---1-- -1-1-12#1 -rt- I I t.... I II 'l-o, I ,~ ...1 I I I Ii ~1 I ~v ~ I I . ~~ ~ I 21 I 217 I 19 II 1/1 I ~ , I I I II I I I I II I I t L lL _I I i ~S"17 -TI-' ~ ~/61--j ~ : I I ~ I j ~ -~-l--=>.t - - - -/ ~ : 17 I 1/6 II ~ ,I !L ",--I--""",....!..-- - --j' · I I ...a 55 ~: I II I'll I ,. I .:f2Z,.IS aoo 300 ~ONGDEN (~d~""'~A"') iPA$7 ~ <{ ~ .. \ \ @ J /-e gI" Tr M> 46'fi9 .u 6 S2~/.;I .700 J100 r:p )\ \\~ ,j ,.f '. <;.. /0" "'N ~~ ~, ", , "'~ ~ ... ~ 17 1/70 n.Nd'ly A.. .10;...~_ .. "'" 200 if(J() ~ AVE, This IS not a survey of the land but IS compi/eq for informatIon I)y the Tlfle Insuranc(! and Trust Company from data show,; by t/lC officlOJ records. CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face) lhe full ,lmount of thl~ polley, together \\ Ith all co~ts, Jttorney~ fee~ and expen';e~ \\ hlch the Company IS obligated hereunder to pay, shall'termmate all liability of the Cnmp,wy hereunder In the event, after nOllce of claim ha.; been gIven to [he Com- pany by [he In~ured, the Company offers to purcha~e ~ald Indebtedness, [he owner of such IOdebtedne~s sh,111 tran~fer and assign <',\Id mdebtedness and the mnrtgage <:.ecurlng lhe .;ame to the Company Up(1O payment of the purchase price 7 PAYMENT OF LOSS (a) The liability of the Company under tl1l<' pobcy ~haJl 10 no ca~e exceed, 10 all. the actual loss of the Insured and cmts and ,Ittorney~ fee<; which the Company may he obhgated hereunder to pay (b) The Company wdl pay, In addItion to any lo<,~ Insured agam<,t by [hl~ polley, ,Ill CO~tS Imposed upon the In~ureJ In !ttl- gatlon carned on by the Company for the Insured, and all co,t~ and altorney~' fee<, In litigation carned on by the lmured wIth the written authnrJL,ltlOn of the CompJny (c) No clalln for damage<, shal I ame or he maintainable under thiS poltcy (I) If the Company, aftel bavmg reCeIved notice of an alleged defect, ilen or encumhrance not excepted or excluded herein remove<, :.uch defect, lien or encumhrJme ....'lthlO a reJ.sonable llme after receIpt of ~uch notice m (2) for habllay voluntarily a<'''oumed by the Insured 10 settling any claIm or ~Ult without written ({Jnsent of the Company, or (3) 10 the event the title I~ rejected a<, unmarketable becau'ie of a defect, hen or encumbrance not excepted nr excluded m thIS policy, until there has been a fmal determination by a courr of competent Jun'- dIction sustamlng .such rejection (d) All payments under thiS pollcy, e~- cept payment~ made for cO<,t<" atTOrney~ fees and expenses, <,hall reduce the amount of the msurance pro tanto and no payment shall be made without prodUCIng thIS poiley for endorsement of such payment unless the policy be losr or destroyed, m which case proof of ,uch Io<'~ or destructIOn ~haJl be furm<,hed to the satl<,factlCln of tht' Com- pany, prOVided, h(mever, If the o.....ner of J.n IOdebtedness secured by a mung.I~t' sho.... n 10 Schedule B IS In Insured herem then such pa\'ment~ ~h,lll not reduce pro tanto the amount of the lOsurance aHorded hereunder as to such In'<ured e},cept to the extent that such payment<, reduce the amount of (he lOdebtedne-;s ~ecurl;d by such mort- gage Payment 10 full hy any person or voluntary satisfactIOn or release by the In- SUled of a mortgage C\l.....red by thIS polICY ~haJl termlOate all hJ.hlllcy of the Company to the Insured owner of the Indebtedne<,s secured by such mortg,lge, except as pro- Vided 10 paragraph 2 hereof (e) When \lability hJ.s been deflOltely flx,d In accordance .....nh the condltlOn<, of thiS policy the loss or dJm.lge shall be pay- able within thIrty days thereafter 8 LIABiliTY NONCUMULATIVE It IS expres~ly unJer<,wod that the amount of thiS polll} 1<' reduced by any amount the Comp,lO} lll.l}' P,lY under any poilcy IOsunng the \,dIJlty or przorJty of any mortgage ~h(l"" n or rderred [0 In Schedule B herlOE ot ,IOy mortgage here- after executed by tht 100u[(.J which IS ,\ charge or hen on till.. t ~t,lte or IOtere,t descflbed or referred to 10 Schedule A, and the ,1mOUnt so palJ ~h III be Jeemed a pay- ment to the Inwrd un~kt (hiS policy The proVISIOns of thl~ P,lf l}.i:tJph numbered R ~hJ.1l not apply to .In In~ur,=J owner of an Indebtedness seCured oy ,I mortgage shown 10 Schedule B unless <,u(h Insured acqUIres tide to said estate or Interest 10 satisfactIOn of saId Indebtednes<' or ,my put thereof 9 SUBROGATION UPON PAYMENT OR SETtlEMENT Whene\ er the CompJ.ny shall have settleJ a c1<llffi under thl~ policy all fight of ~ub- rogallOn shall vest 10 the Company un- affe<ted by any aa of the Insured, and It shall be subrogated to and be entitled to all ngh(s and remedle<, \\.hlCh the Insured .....ould have had agalOst any person or prop- erty 10 respect to such claim had thiS polley nnt been Issued If the payment does not cover the loss of (he lnsured the Company shall be subrogated to such fights and remedies 10 the proportIOn v.hlch said pay- ment bears to the amount of <,ald 105s If lo~, should r(;'~uJr [win ,tn} act of the In- .;ured ~uch ,let ~h.lll not vOIJ tlm policy nut the Comp,lny, In thJt e\ent, sball be reqUIred to P,lY only th,lI p.lrt of ;tny losses lfisurea a~alf\<,t ht..n:under ....hKn shall e),.- (t'('J the Jrnount d ,Il1Y, losl to the Com- pany by reason of the ImpJlrmelH of the tight of Sllnro,l.:,ltlon The Insured, If re- quested by the CompJny, <'h,l[J transfer to the Company all rI,!?hh Jod remedlcs <1galO<,t any person or property ne~essary 10 ordtr to p<.rfect <'mh nght of <,ubrog,ttlOn, and sh..1I permIt the Comp.lny to use the name of the Insured 10 any IrdnSaCtlOn or Ilttp;atH)[\ Invnlvmg 'iu(n f1p;ht'< {)f remedIes If the In<,ureJ 1<' the owner of the 10- debteJne<,<, secured by ,I mnrtgage covered hy thl<' pohcy, <,ueh Imured may release or ~ub'!ltute the per<,omd Izabdlty of any debtor or gu.uantor, or exttnd III otherWise modify the term~ of payment, or release a portion of the c~tJte or Interest from the lIen of the mOl tg,lgC, or rele,l<'c Jny col- lateral ~e(Uflty for the lntkbtedne~<" pro- \ Ideo ~uch .lct dnt'''' nnt le'<lllt 10 .lny los~ of pfJ(lrHy (If the lien of th( mOltgage 10 POLICY ENTIRE CONTRACT Any anuJO or ,1ctlOns or fight-. of actIOn that the ln~l.lred may h,\"'t or may bnng Jg,lImt the Comp,lny .u1~lng out (It the <,talUs of the lien of tbe llloltg.lge covered oy thl~ poh(y or the title of the e<,tJ.te or IOterest lO<,ureJ hereIn rnmt be based on thl' provlSlOn<; of thl'> poh(y No provl';lOn or conditIOn of thiS pollcy ~,tn he waived Of Ch,lOgt.d except by .....ntlOg endor~eJ hereon or attached hereto <'Igned b} the PreSident, .1 VIU: PreSident, tht St'cret.lry, an ^SSI~tant St'uetary or other \J.!.dJtlOg offIcer of (he Company 11 NOTICES, WHERE SENT All notlCe'i reqUired to be given t1l{. Com- pany and any <,tatt'mt'nt In Wfltln~ reqUIred to be furOlshtd the Company shall be ad- dressed to It at the office \\.'11Ich I<,su(:d thl<' polley or to II<, Homt' Offlct:, 433 South Spnng Stret't, 1.0<, AnJ!t:les ~4, CahforOla 12 THE PREMIUM SPECIFIED IN SCHEDULE A IS THE ENTIRE CHARGE FOR TITLE SEARCH, TITLE EXAMINATION AND TITLE INSURANCE @ Title Insurance and Trust Company FOUNOgo IN 18"3 POLICY OF TITLE INSURANCE Offermg complete trUe servwes throughout the state of Calrfornra wlth Just one local call Complete tltle serUlces also avmlable In the sta.tes of Alaska, Nevada, Oregon and Washmgton through subsldwry Compames ~ Title Insurance and Trust Company Home Office 433 South Spring Street Lo, Angele, 54, California