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CERTIFICATE OF ACCEPTANCE
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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 instrwnent dated February 23, 1968 ,
from or executed by Ra~ond C. Kiesel and Victoria J. Kiesel ,
is hereby accepted by the ity 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
t~~':~:eor by it, duly ~4$:7'
, . i ty Manage- i ty gineer
The dO'um'nt thu, d",ribed i' h'r~~'~' t:r~
City A~~
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CITY OF ARCADIA
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AND WHItN ItIECOItOIED NAIL TO
I
City Clerk
P.O. Box 60
Arcadia, Calif.
RECORDED IN OFFICIAL RECORDS
OF LOS ANGELES COUNTY, CALIF,
FOR TITLE INSURANCE & TRUST CO,
MAR 1 1968 AT 8 A.M.
RAY E. LEE, County Recorder
I
Nom.
StrMl
Addr.1I
City &
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LFREE 0-. N J
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City of
Arcadia
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SPACE ABOVE THIS LINE FOR RECORDER'S USE
FREE RECORDING ESSENTIAL TO ACQUISITION BY
city of Arcadia, a municipal corporation';
See Govt. Code # 6103. ~____
N.AIL TAX 5TATEMENTS TO
Nom_
Sir...
Addr.1I
City & .,J \~J
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AFFIJ<+.ft:S, s.2~. ... . ....IN THIS SPACE
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Grant Deed
TO 405 C
THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY
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':.' RAYMOND C. KIESEL and VICTORIA J. KIESEL
FOR A VALUABLE CONSIDERATION, receipt of which i, hereby acknowledged,
hereby GRANT(~ to the CITY OF ARCADIA, a Municipal
,~dL. /11/ FcE
~~B Sa8effiSR& for public street and road purposes,
~j s Baldwin Avenue, in, on, upon and across
-:p.; the following described real property in the City of cadia,
County of Los Angeles , tate of California:
Corporation
to become a part of and to be known
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Parcel 1
The 'easterly 12.00 feet of the north 52 feet of the south 100 feet of Lot-5, in
Block "G" of the Santa Anita Land Company's Tract,' in the City of Arcad<County
of Los Angeles, State of California, as per map recorded in Book 6, Page 137 of
Maps, in the office of the County Recorder of said County.
Parcel 2
The easterly 12.00 feet of the south 48
Anita Land Company's Tract, in the City
California, as per map recorded in Book
County Recorder of said County.'
feet of Lot
of Arcadia,
6, Page 137
5 in Block "G" of the Santa
County of Los Angeles, State of
of Maps, in the office of the
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STATE OF CALIFORNIA 6 ~ }SS
COUNTY OF LOS ANGELES
On ~-"~ -;z -3" /~belo.e me, the under.
signed, a Notary Pubh In and for sllld State, personally appeared
Raymond C. Kiesel and Victoria J. Kiesel
to be the person~whose nameS are
Instrument and acknl)wledged that
known to me
subscribed to the wIlhm
executed the same
WITNE~nd an: offie>al ~
Signatu. W<"'t?A/~ ~
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Name (Typed or Printed)
My Commission Expires June 23, 1971
TItle Order No.
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: ' CHRISTINE VAN MAANEN j
: ...i\..o.. . '::. NOTARY PUBLIC CALIFORNIA ~
~ -r-,.~.#? . ~ PRINCIPAL OFFICE IN ~
i ':"j;<:. ~OS ANGELES COUNrf '
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(Thllll'l'll fO! omclll.l notHIAI seal)
Escrow or Loan No,
MAIL TAX STATEMENTS AS DIRECTED ABOVE
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GRANT DEED
GRANT DEED
Title Insurance
and
Trust Company
Title Insurance
and
Trust Company
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COMPLITE ST....TEWIDE TITLE SERVICE
WITH ON! LOCAL C....LL
COMPLETE STATEWIDE TITLE SERVICE
WITH ONE LOC....L C....LL
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TO 1012.1 F C
Callfornlc land Title Assoclollon
Stondord Coverage Policy Form
Copyright 1963
POLICY OF TITLE INSURANCE
ISSUED BY
Title Insurance and Trust Company
Title Insurance and Trust Company, a C~lifornIa corporation, herem called the Company, for a valuable
consideratIOn paid for thIS pohcy, the number, the effectIve dare, and amount of whICh are shown In
Schedule A, hereby insures the parries named as Insured In Schedule A, the hens, devisees, personal
representatives of such Insured, or If a corporatIon, ItS successors by dissolutiOn, merger or consolIdatIOn,
against loss or damage om exceedmg the amoum stated In Schedule A, together With costs, 3uorneys'
fees and expenses whICh the Company may become oblIgated to pay as proVided in the ConditIOns and
StIpulations hereof, whICh rhe Insured shall sustam by reason of
^ny defect In or hen or encumbrance on the title to~the eSla'te Of Interest covered hereby In tht
land descnbed or referred to In Schedule C, t:xl'itln,g: at the date hereof. not shown or referred to
In Schedule B or e'xcluded from coverage In Schedule B or In the CondItIons and Snpulatwlls, 01
2 {lnmarketabtluy of such utle, or
3 ^ny defect 10 (he executIOn of any mortgage shown In Schedule B secunng an IOdebtednc:.s, the
owner of which 1$ named as an Insured 10 Schedule A, but only Insofar as such defect affects the.
!ten or charge of saId mortgage upon the tstate or lntt'ft'St refe.'rred to in thiS policy, Of
4 Pnonty over said mortgage, at the date hereof, of any hen or encumbrance not shown or referred
'0 10 Schedule B, or excluded from coverage In the CondItIOns and StlpulatlOns, said mortgJ.gc
belOg shown 10 Schedule B 10 the order of Its pnonty; -
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all subject, how~q:;'[Q tne provI51~~, of Schedules A, Band C and to the ConditIOns and StipulatIOn.'>
hereto annexed~ ...~CE ANO 1'R(j \\11
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;; ~ oo~ ~.g"f,'(jB.Eill~\JlY..IJness~~heleof, Title Insurance and Trust Company has caused Its
J;t!......o~n-... ~.~~O.4,J d
~ wok. >} corPoratel name and seal to be hereunto affixed by Its uly authOrized offfeer::.
~ -l g[~~-e''';~ oh*i,tH~?te~h6trr~n Schedule A.
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"\\ ^'GELES, ~..:
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TItle Insurance and Trust Company
by
~~ ~SIDENT
Aliest ~ N-~
SECRETARY
CONDITIONS
AND STIPULATIONS
1. DEFINITION OF TERMS
The followmg terms when used 10 chiS
policy mean
(a) "land" the land descnbed, 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 constructive notIce of matters
relating to saId land,
(c) "knowledge" actual knowledge, not
constructive knowledge or notice which
may be Imputed to the Insured by reason
of any public records,
(d) "date" the effective date,
(e) "mortgage" mortgage, deed of trust,
tcust deed, or other secutlty instrument, and
(f) "Insured" the party or parties named
as Insured, and If the owner of the in-
debtedness secured by a mortgage shown In
Schedule B IS named as an Insured In
Schedule A, the Insured shat! lOclude (1)
each successor In Interest In uwnershlP of
such Indebtedness, (2) any such owner who
acqUIres the estate or Interest referred to
In th1.5 policy by foreclosure, trustee's sale,
or other legal manner In satisfaction of
said mdebtedness, and (3) any federal
agency or mstrumentaltty whIch IS an In-
surer or guarantor under an lOsurance con-
tract or guaranty Insurmg or guaranteeing
said IOdebtedness, or any part thereof,
whether named as an Insured herem or not,
subject otherwtse to the proVISIOns hereof
2, BENEFITS AFTER ACQUISITION Of TITLE
If an msured owner of the IOdebtedness
secured by a mortgage descnbed 10 Sched-
ule B acqulfes saId estate or Interest, or
any part thereof, by foreclosure, trustee's
sale, or other legal manner In satisfaction
of said mdebtedness, or any part thereof,
or If a federal agency or 10strumentalJty
acqUIres said estate or Interest, or any part
thereof, as a consequence of an 10surance
contract or guaranty 1Osur1Og or guarantee-
Ing the lOdebtedness secured by a mortgage
covered by ChIS policy, or any part thereof,
thiS poltcy shall continue 10 force 10 favor
of such Insured, agency or 1Ostrumentality,
subject to all of the conditiOns and stlpula-
tiOns hereof
3 EXCLUSIONS fROM THE COVERAGE Of
THIS POLICY
ThiS policy does not Insure agalO~t loss
or damage by reasons of the followlOg
(a) Any law, ordmance or governmental
regu[atlOn (mcludmg hut not IlmICed to
buddlOg and zonmg ordmances) restncClng
or regulatmg or prohlbltmg the occupancy,
use or enjoyment of the land, or regulatmg
the character, dimenSIOns, or [ocatlOn of
,my Improvement now or hereafter erected
on ~ald land, or prohlbHlng a separatIOn JO
owner~hlp or a reductIOn m the dimenSIOns
or area of any lot or parcel of land
(h) Governmema[ nghts of pollee power
or emment domam unless notIce of the
exercl~e of <;uch flght<; appears 10 the puhhc
reuJlds at the date hereof
(c) Title to any property heyond the
lines of the land expressly descflbed 10
Schedule C, or title to streets, roads, ave.
nues, lanes, ways or waterways on whICh
mch land abut~, or the fight to lll.1lnt:lln
therem vaults, tunnel<;, ramp~ 01 ,Uly other
structure or Improvement, 01 any llghts or
easements therem unles~ thIS pobcy ~peClf1C-
ally proVides that ~uch property llghts or
easements are Insured, except that If the
land abuts upon one or more phYSICally
open streets or hlghway<; thl<; poll(Y lmure~
the 01 dmary nghts of abutrl ng owner~ fur
acces<; to one of such \!rcets (l[ hlghw,lY~
unles<; otherWIse excepted Ul (xcluded
herein
(d) Defects, liens, encumbran(l:~, ad\er<;e
claIms agamst the Cltle as msurcd or other
matters (1) created, ~uffered, a<;~llmed or
agreed to by the Imlued claimIng lo~s 01
damage, or (2) knov.n to the Insured
Clollllam eIther at the date of thIS POliCY
or at the date such Insured Clalmont ac-
qUired an estate or mterest Insured by thl~
poilcy and not shown hy the publ IC record~
unle<;s dlsclo~ure thereof III wfltmg hy the
In~ured shall have been made to the Com-
pany poor to the date of thiS poil(y, or (3)
resultmg 10 no loss to the Insured ClaIm-
ant, or (4) attaching or created subsequent
to the date hereof
(e) Loss or damage whICh would not
have been sustamed If the Insured were .I
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 co~t and
WIthout undue delay ~hall prOVIde (1) for
the defense of the Insured 10 all lltlgatlOn
conSIsting of actions or proceedmgs com-
menced agamst the Insured, or detenses
restrammg orders, or injUnctIOns interposed
against a foredo~ure or sale of the 'matt-
gage and lOdehtednes.. covered by thl<; polley
or a ~ale of the estate or lntere~t 10 <;,ud
land, or (2) for such detIon as may be
appropoate to establish the title of the
estate or Interest or the hen of the mOf[-
gage as IOsured, which lItIgatIOn or actIOn
m any of such events IS founded upon an
alleged defect, !ten or encumbrame In-
sUled agamst by thiS pohcy, and m.IY pUt-
sue any litigatIOn to fmal determmatlOn 10
the court of last resort
(b) In case any such actIon or proceed-
mg shall be begun, or defense mterposed
or In case knowledge shall come to the In.
sured of any claim of title or lntere~t whl(h
IS ddverse to the title of the (:'<;tJte or In-
terest or lien of the mortgage as Insured,
or which might cause [ass or damagt: for
whICh the Compdny sh,t11 or mdy be [Jable
by vlftue of thIS pob(y, or If the I n~ured
shall 10 gaud fanh contract to sell the m-
debtedness secured br .I murtg.Igt: lO\cred
by thiS policy, or, I .In Insured In good
faith leases or wntracrs (0 sell. 1l.1~e or
mortgage the same, or If the <;uccessful
bidder at a foreclosure sale undlr a mort-
gage covered by thIS policy refuse~ to pur-
chase and 10 any such event the title to
said estate or lnterest 1<; rejected .I~ un-
marketable the Insured shall notify thl:
Company thereof 10 wntlng If sUlh nt,flll
shall not be gIven to the Company \\ ltbm
ten days of the receipt of process (lr pledd-
lOgS or If the Insured sh.tll not, In wfltmg
promptly notify the Comp,my of any de-
feet lien or encumbrance m<;ured ag;lin~t
which ..hall come to the knowledge of the
In..ured or If the In..ured Sh.lll not In
wntlO.c: promptly notdy the Company of
any <;uch reJectlOn by reJ.~on of claimed un-
nl.lrket.,bdlty uf tnlt: then all habdlty of
the Cnmp,lOY 10 reg.ud to the subject matter
of ~uch ,ICuon, proceedmg or 11l.ltter ~h.ll[
ce,l~e .\OJ termm,Ltc, proVIded, how(ver,
tJut fadure to notify shall 10 no ca~c
prejudICe the cI:l1m of any In~ured un[e~<;
the Company shall be actually prejudIced
by <;u(h fadure aod then only tn the e'<tt'nt
of ,>uch preJudlce
(c) The Company ~hall have the nght
,It ItS own co~t to m~tltute and pro<;l(utc
any actIOn or prmeedmg or do any other
act whICh 10 Its opmlOn may be neces~ary
or desuable to establish the title of the
t"'State or m[ere<;[ or the hen of the mort-
gdge as IOsured, and the Company may
take .Iny applOpfl.ne aLtlOn under the term~
uf thiS poli(y whether 01 not It ~h.d[ be
h,lble thereunder and shall not thereby
concede liability or w,\]ve any provI~lon of
thIS policy
(d) In all c.l~e<; where thIS pO[ICY per-
mIt.. Of reqUires the Company to pro~ecute
or proVide for the defeme of .my ,\Ctlon
or proceed 109, the In~uled shall ~e(Ule to
It the nght (0 <;0 pIOSe(utt' or prov](le de-
fen..e 10 ~uch ,lctlOn Ol proceedlO~, and all
apped]s therem, and permit It to use, .It lt~
uptlOn, the nJ.me of the In<;ured for ~uch
purpose Whenever reque<;ted by the Com-
p.lllY the Insured <;ha[[ .':Ive the Cornp,lOY
.1[[ re,l<;ooabil aid In ,lOy such adlOn or
pwu.'edlOg, III effel/mg ~ett[ement, <;eCllllOg
eVldt:nce, obtammg wltne<;~es, 01 pro~ecu-
tlOg or defendrng such .\ctIOO or proceed-
mg, Jod the Comp.lny ~hall relmbur~e the
Imured for any expen~e ~o Illcurred
5 NOTICE OF lOSS - LIMITATION OF
ACTION
10 addJtlOn to thl notices r(qUlred under
parJ.grdph 4(h), a ~tdtement In wntm,!; of
J.oy 10<;s or damage for whICh It 1<; c1allned
the Company IS h,thle under thl<; policy
...[l.Ill he furnished to the Comp.my Within
~Ixty dJYs after ~L1(h Im~ or dolm.lg( ~hall
hav( been determmed and no n~ht of
actlOn shall accrue to the Insured under
thiS policy until thirty days after such
stJ.temcnt shall have been furnished, and
no rewvery shall be h,td by the Insured
under thIS policy unlt's\ dctlOn <;hall be
commenced thereon wlthlO five ye.ll<; after
explt.ltlOn of said thmy ddY penod Fallur(
to furOl<;h such sta{Cmcnt of ]os~ or J.lln,l~l
or to commence ~uch action Within thl
time hcrembefore ~pl-clf led, shall be ,I ((In-
Chl\l\l' h,lt agam<;t m.untt'nJ.Oll by tfw In-
surld of any ,InIOn under thl~ POhlY
6 OPTION TO PAY, SETTLE OR COMPRO-
MISE CLAIMS
Thl Company <;hall h.lve thl optIOn to
p.\}' (lr <;dtle or Cllrnpnlml<;e for or III th(
n,lllll' of the Insured any CLlllll Ill~ur(d
,1g,1111't or to pay the full ar1l0unt of thl~
rohq, or, 10 c.lse !o\<; I~ c1.Uffit:d undll rhl'
I'Olll}' by the owner of the In(llbtldlll\~
\l:clIrld hy a mortgage coverld hy tilL'.
pollq', the Company shdll have the optIOn
to pur(hJ.~e said Illdebt('dne~~, \uch pur-
Lh,"<;(.', pa}mem or tender of p.lyment of
(Conditions and Stipulations Continued and Concluded on Lost Page of ThiS PoliCY)
TO 1012-1 AB C
California land T,tle Association
Standard Co....erage Pollcy-1963
SCHEDULE A
PremIUm $~ 0 .0'1)
Amo,unt $4,000.00
Effective
Date March 1 1968 t 8 a
, , a . m.
INSURED
Pollcy No
67 25 965
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 In Schedule C covered by this pohcy IS
a fee
SCHEDULE B
This policy does not insure against loss or damage by reason of the following:
PART I
Taxes or assessments whIch are not shown as eXIsting liens by the records of any taxmg 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
asccrtalncd by an lnspectlon of s8.1d land or by mak1ng lnqUlry of persons III posseSSlOn thereof
3, Easements, chums of easement or encumbrances whIch are not shown by the publIc records
4. 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 mimng claims, reservatIons or exceptIons In patents or III Acts authorIzmg tl}e Issuance
thereof, water rIghts, claIms or tItle to water
DO
TO 1012-18 Cont, C
California Lond TItI. A,Joclatloll
Standard Coy.ra". Pollc:y-1963
S CH EDULE B - (Continued)
PART II
1. General and special county and city taxes
For the fiscal year 1967-1968,
Second Installment : $184.35, Parcels 5383-030-q13 and
5383-030-015.
2. An easement
purposes stated
In Favor Of
For
Recorded
affecting the portion of said land and for the
herein, and incidental purposes,
: Edward C" Cribb and'R. T. Brodek
: 'pipe lines
: in book 3035, page 192 of Deeds and
re-recorded in book '3235 page 121 of
Deeds and subsequent deeds.
3. A right of way for laying and operating a pipe line for
conveying water to and through said property, as reserved by
the deed from Santa Anita Land Company, a corporation, to
James H. Porter and E. A. Porter, dated February 26, 1910
recorded in book 4105, page 24 of Deeds.
TO 10l2-l-1056-1C C
ArrIerlcan land T,tle ASSOCIation loon Policy
A<ld,flonal Coveroge-1962
0'
Collforma land TItle Association
Slclndard Coverago Pollcy-1963
SCHEDULE C
The land referred to in this policy is situated in the county of Los Angeles, state of Cahfornia,
and is described as follows:
Parcell:
The easterly 12.00 feet of the north 52 feet of the south 100
feet of lot 5, in Block "G" of the Santa Anita Land Company's
Tract, in the city of Arcadia, county of Los Angeles, state of
California, as per map recorded in book 6, page 137 of Maps, in
the office of the county recorder of said county.
Parcel 2:
The easterly 12.00 feet of the south 48 feet of lot 5 in Block
"G" of the Santa Anita Land Company's Tract, ,in the city of Arcadia,
county of Los Angeles, state of California, as per map recorded
in book 6, page 137 of Maps, in the office of the county recorder
of said county.
.
~23-4VC
LOTS I TO 8 BLOCK G
SANTA ANITA LAND COMPANYS TRACT
M 8 6-/37
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This ;s not a survey of the land but IS complied for mformaflon by the
Tlfle Insurance and Trust Company from data shown by the official records,
CONDITIONS AND STIPULATIONS (Continued ond Concluded From Reverse Side of Policy Face)
the full amount of thIs polley, together
\~ Ith ,\ll eo<,ts, attorneys' fees and expen<,e'\
\\ hlch the Company IS ob/Jgated hereunder
(0 pay, shall termmate all l1ablhty of the
Company hereunder In the event, afrer
nOllee of claIm has been gIven ro the Com-
pany by the Imured, the Company offer~
to purchase saId IOdebtedness, the owner of
,>uch mdebtedness shall transfer and assIgn
,>ald Indebtedness and the mortgage seeunn~
the same to the Company upon payment of
the purchase pnce
7 PAYMENT OF LOSS
(a) The ltahdlCY of the Company under
thiS poilcy shall 10 no case exceed, 10 all.
the actual loss of the Insured and costs and
,lttorney'> fees whIch the Company may be
obl1gated hereunder to pay
(b) The Company WIlt pay, 10 addlt[on
to any loss IOsured agamst by thIS poltcv,
.lll co...ts Imposed upon the Insured 10 !ttl-
gatlOn carned on by the Company for the
Insured, and all COSts and attorney,>' fees 10
lIt1gatlon earned on by the In'>ured v.'lth
the wntten authorIZatIOn of the Company
(c) No claIm for damages shall anse or
be malO tamable under thtS polley (I) d
the Company, after haVing received notIce
of an alleged defect, ilen or encumbrance
not excepted or excluded herem remove,>
such defect, lien or encumbrance WlthlO a
reasonable tIme after receipt of such notIce
or (2) for lIability ..o]untanly assumed by
the Insured 10 settltng any claim or SUIt
without wntten consent of the Company,
or (3) 10 the event the wle I'> rejected a,>
uomarketable because of a defect, hen or
encumbrance not excepted or excluded 10
thts pohey, until there has been a flOal
determmatlon by a court of competent JUfl'\-
dlChon sustalOlOg such r('jelrWn
(d) All payments under thiS pollcy ex-
cept payments made for costS, attorney,,>'
fees and expenses, shall reduce the amount
of the IOsurance pro tanto and no payment
shall be made WIthout prodUCIng thIS policy
for endorsement of '>Och paymem un Ie'>'>
the POlICY be lost or destroyed, 10 whIch
case proof of such los,> or destrllctwn shall
be furmshed to the satisfactIon of ,he Com-
pany, proVided, however, If ,he owner of
an Indeb,edne,>s secured by a mortgage
shown 10 SlheJule B ("> an In'\uceJ herem
then such pavments Sh,lll not reduce plO
tanto the amount of the IOsurance .Jfforded
hereunder as to such Insured, except (0 the
extent that such payments reduce the amount
of the IOdebtednes,,> '>ecured by such mort-
~age Payment 10 full by any per,,>on or
voluntary satl,>factlon or release by the In-
,,>uled of a mortgage covered by thl'> pohq
'>hall termlOate all liability of the Compan}'
to the IOsured owner of the IOdebtedne'\s
secured by '>uch mortgage, except as pro-
Vided 10 paragraph 2 hereof
(e) When lIabtllty has been deflOltdy
fixed 10 accordance with the conditIOn.. of
thiS polley the loss or damage shall be pay
able wnhlO thlfty days thereafter
8 LIABILITY NONCUMULATIVE
It IS expressly understood that tht"
amount of thIS policy IS reduced by an}
amount the Company may pay under any
policy IOsuflng the valid[ty or pnonty of
any mortgage ,>hown or referred [0 In
Schedule B hereof or any mortgage here-
after executed by the Insured whIch I'> a
charge or Ilen on the estate or IOtere'>t
descnbed or referred to In Schedule A. and
the amoum so paid shall be deemed a p.Jy-
ment to the Insured under thIS polIty The
proVISIOns of thts paragraph numbered 8
shall not apply to an Imured owner of an
mdebtedne..s secured by a mortgage '>ho\\'n
10 Schedule B unless such Imured acquIre,>
tH]e to said estate or lotert''>t In satl,>f.lctlOo
of ,>ald Indebtedness or any part thereof
9 SUBROGATION UPON PAYMENT OR
SEnLEMENT
Whene..er the Company shall have ~e[[led
a claIm under thIs poltcy, .Ill right of ...ub-
rogatlon shall vest m the Company un-
affected by any act of the Insured, and [t
..hall be subrogated to and be entlt]ed to
all fights and remedies whICh the In..ured
would have had agalOSt any person or prop-
erty 10 respect to such claIm had thIS pollty
not been I,>sued If the payment does not
cover the los'> of the Insured, the Company
shall be ,,>ubrogated to such fight'> and
remedies 10 the proportlon ~ hlCh saId pay-
ment bear,> to the amount of ,>ald lo,>s If
lo~~ ..hould rl~ult fwm ,lO} ,let of the In-
~ured "lIch ,t<...r ~lull mlt \'(\Id thl~ pult<..y,
hut the Con'I"IOY 10 th,lt ('H'nt Sholll bl:
n:qulrl:d t(l P,l)' only th..lt p.Jn of any ItlSseS
IOS\Hut ,U::,lln't hert'undt:r wllItll ,>h.1I1 ex-
leed the '..lmount If ,my ]mt f() the Com-
p,m}' hy rea~on of the Ilnp,lIrment of tht'
nglu of ,>uhrog,ltlOn The Imured If rt-
quested by rht, Company ..h,dl tr,lOsfer to
tht Company all n~ht~ .lnd ren1t'dll~
.J~alO~t any per,>on or propeny netes.;ar}' 10
mUtr to puff"cr ..u(h n~ht of ~ubrog,!tlon
and ,>h..lll permIt rhe COInp..lny TO u'>e till
n,lme of the Insured 10 ,Iny tr.ln..actlon 01
I1tl~,H[On IOV{)IVIO~ '\ueh f1~ht.. or rellltdl('s
If the In.;ured I" the owner of {hl 10-
dehtedne'\s secured by a mortgage covert'd
by thl~ pohcy, ~llch Imured m,ly relea,>e or
~ub~tltllte tht" per'\(lOal 1t,lh[llty of ,lny
debtor or ~u.Jrantor, or extend 0{ otherw['>t
modIfy the terms of payment or rcle,I'>{
a portulO of the e~t..lte or Intere..t from the
lien of the mort~,I,ge or relt,I'>c any co]-
later.ll ,>erunty for tht' IOdebtedO(:,,>,> pro-
\ Ided '>llch .!tt dot'.. not le~ulr 10 any lo~..
of pflunry of the lien of {Ile 1l100tgage
10 POLICY ENTIRE CONTRACT
An}' a(([(1O or act1l1O"> lIr nJ..:ht.. of ,1(tlOn
lh,lt the In,>und may h,lve or Illay hnn~
.Jg.JlO~t the Comp,IOY ,ltj~lllg out OC tht
.;t,ltU'> of the lien of the 1ll00tg..lge co\'lrcd
hy thl~ pol1cy or the [[(Ie of the e,<,t,lle or
IOterest lO.;ured herem nm'>t he ha'\ld on
the proVISIOn'> of thiS polity
No pCO\'I'>lon or conJltlOn of thIS policy
L.lfl be waIved or dunged (.Xllpt by Wf!tlnj..:
tndor~(.J hereon or a!talhed lH:reto .,[p;nld
11\ [ht' Pres[dl:nt, a V [(e Pre~ldent, thl
Sccreury, an AS'>I~tant Se(fet.lty or mher
\ ,1lId,ltmg officer of the Comp,my
11 NOTICES, WHERE SENT
All notICes reqUired to he glvt:n rhl Com.
p,lny and any ,>tatement In Wfl!ln~ rt'qulrul
to be furOlsht'd the Company sh.JlI be ad.
dres,,>ed to It at the offICe"" hleh ISSUtJ thl~
policy or to It~ Home OffIll:, 13, South
Sprmg Street, Lo.; An,l;:ele,> 54, Caltforma
12 tHE PRf:MIUM SPECIFIED IN SCHEDULE:
A IS THE ENTIRE CHARGE FOR TIllE SEARCH,
TIllE EXAMINATION AND TillE INSURANCE.
@
Title Insurance and Trust Company
FOUNO!i:O 'N ,sa::!
POLICY
OF
TITLE
INSURANCE
Offermg complete tlUe serVlces throughout the
state of Cahforma wrth Just one local call
Complete tale servrces also avmlable In the states
of Alaska, Nevada, Oregon and Washmgton
through Subsldwry Compamf's
Title Insurance
and
Trust Company
Home Office
433 South Spring Street
Lo, Angele, 54, California