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HomeMy WebLinkAboutD-1583 ( I' ~ (fl' . (~, . {(' ... c.. i CERTIFICATE OF ACCEPTANCE ~~ 03920 PG 32 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 15. 1968 , from- or executed by Marshall A. Beard and Ruth O. Beard , 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__o~ficersl ~4~ City gineer The document thus described is hereby ~ed as to form. - ~ l\:) ~ w " ~~ ..::.':ttJ VIIU....JL.UIU JI P-/5"i'3--- CITY"OFARCADIA I C ?.;75 ,PC;.3 .-//;y,s- RECOROED IN OFFICIAL RECORDS DF LOS ANGELES COUNTY, CALIF. FOR TITLE INSURANCE & TRUST CO. 1968 AT 8 A.M. FES 23 RAY E. LEE. County Recorder: AND WHE:N RE:COltDIED MAIL TO I Nom_ City Clerk Slr__' P.O. Box 60 Addr.u C,ty & Arcadia, Calif. Stol_ L I ~ SPACE ABOVE THIS LINE FOR RECORDT'''' ~ ~ R """It TAX 5TATfMfNn TO I Ho.. City of Arcadia I SIr_.' Addr.n Clly & Slat_ L ~\. ,~i- ?:.~ ..J 0\1'" Q..''* . t-0~ 0-G. ~'YV; ~ " Grant Deed NO TAX DUE AFFIX I R.S. S..... n...... .... :.. .... ABOVE TO 405 C (4 671 THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY ll: ..... ~ "<: \.) s.. ~. FOR A VALUABLE CONSIDERATION, receIpt of which i, hereby acknowledged, MARSHALL A~ BEARD and RUTH O~ BEARD .... reby GRANT(il) to the CITY OF ARCADIA, a Municipal Corporation IN FEE 8fl easemeBt for public street and road purposes, to become a as Baldwin Avenue, in, on, upon and across the follOWIng de,cnbed real property in the City of Arcadia, County of Los Angeles , State of California: part of and to be known " \J ::... ..... ..... '-.l The westerly 17.00 feet of the southerly 73.94 feet of~Lot 78 of Tract No. 4869 (measured along the easterly line thereof) in the City of Arcadia, County of Los Angeles, State of California, as per map reco~ded in Book 52, Page 13 of Maps, in the office of the County Recorder of said County. FREE RECORDING ESSENTIAL TO ACQUISITION BY CITY OF ARCADIA, a municipal corporation. SEE GOVT. CODE # 6103. to "., U> n 2! f ,-0 ::! o ~ ., ." i: - 'J '" ~ :j j Q ~ ~ t /1 Datedt/pAA,.<l P21/~ /9{, f' 4t~{~~[I'a. ,&rvui arsha . ~eard ' ~Th~ @, '7-3 , cLA '/ - Rut . Beard . STATE OF CALIFORNIA }ss CO~ ANGELES . On IS \ / q ~ l- before me, the under- signed, a Notary I he In a;;:l for Said Slate, personally appeared Marshall A. Beard and Ruth O. Beard to be the perso~whose nameS are Instrument and acknowledged that they . known to me subscnbf'd 10 the wllhm executed the samt' ~d~;;1 . . . CpJ~~ .."""",,,,,"',,..."''''''' "'OF'Fic';~~ 'SEA~ """""": f '1 ' ~~~~~~r23:,l)1971 I ,tie drg~~~.ELES C :............"."""""..,,,....,,,,.., .', ""',, (This all'. fm UmCl&] notarial ~elll) ESCf?W or Loan No MAIL TAX STATEMENTS AS DIRECTED ABOVE >-, ... ~ " . ;1 GRANT DEED , GRANT DEED Title Insurance and Trust Company Title Insurance and Trust Company .; ~ COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CAl.L ... .. . .............. 4". " ~~ - ----- --..... ') ) / , ! TO 1012.1 F C California lond Title AS50CI{]t!on Slondard Coveroge PolIcy Form COPYright 1963 " POLICY OF TITLE INSURANCE ISSUED BY Title Insurance and Trust Company TItle Insurance and Trust Company, a California corporatIOn, herem called the Company, for a valuable conSideration paId for this poltcy, the number, the effective date, and amount of whICh are shown In Schedule A, hereby Insures the partIes named as Insured III Schedule A, the heus, devIsees, personal representatives of such Insured, or If a corporatlOn, irs successors by dissolution, merger or consolIdation, agamst loss or damage not exceedmg 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 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, eXlstmg at the date hereof. not shown or referred to In Schedule B or excluded from coverage In Schedule B or m the CondUtofl5 and SupulatlOnS, or 2 Unmarketablluy of such otle, or 3 Any defect m the executIOn of any mortgage shown 10 Schedule B securing an mdebtedness, the owner of which IS named as an Insured m Schedule A, but only IOsofar as such defect affects the lien or charge of said mortgage upon the estate or Interest referred to m thIS polley, or -4 PrIOrity over said mortgage, at the date hereof, of any lien or encumbrance not shown or referred [() In Schedule B, or excluded from coverage to the ConditIOns and StipulatIOns, saId mortgage bemg shown 10 Schedule B In the order of ItS priOrIty, ..Ill subJect, howev~['~t~iit}'p'\~'VISIODS of Schedules ^, Band C and to the CondItions and StlpulatlOm. --" "\\ hereto annexed~ ~C~ AND r~,. 1\1 .: ^~ 0000000 VS " ::: ~~ ooO~t. \S PRO~?o l' IJ~ '""" '" 0 ~O .00'/ TFro ^TY'h f j:t ~ oo~ .(l.l;I~l1f.!l!.n;'...W(JJngSJ"'W'f ereo, TItle Insurance and Trust Company has caused Its ;,.{ .....,; 0 ~ ...'" 1\ ~.; .A\ 0 ':::r hd b d ~ I.. O}..,;, I} ~C9q?orate'name an seal to e hereunto affixed by Its duly authonze offICers % .... of:-"~Z t'" ,'~, 0 .., 'I. d ~ ....J 0' . ' on<tHe,date~hown:m Sche ule A. ""1-0 -> l~L.'iO~~ ~ _ o"'~^ ,~<.l ,d 0 Z % n\,-o J'^ j _,4' \1 __g"",<~ ~ ~.-' ~:kYi{.r!Co JId 'Q: ~ ~ ~ 001-", -:~k~,iSJf"-l>~\o *:: I, ./ 0 If's' .'.- " ..~o .:: 'I '000. r4 TE 15 GUooo ~...:;' III 0' -4 00000000 'V~v .:- \\\\ NGELES, ~-: \\\\,\",~,~"'-' Title Insurance and Trust Company by ~~ r:SIDENT Attest ~H-~ . SECRETARY CONDITIONS AND STIPULATIONS DEFINITION OF TERMS The following terms when used In thiS policy mean (a) "land" the land desCrIbed, specifIc- ally or by n:ferenle, In Schedule C and Improvements affixed thereto which by law constHute real property, (b) "public records" those records whICh Impart constructive notlce of matters relating to said land, (e) "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 IOstrument, and (f) "lOsured" the party or partles named as Insured, and If the owner of the in- debtedness secured by a mortgage shown In Schedule B lS named as, an Insured In Schedule A, the Insured shall mclude (1) each successor m Interest 10 owner5hlp of such mdebtedness, (2) any such owner who acqUIres the estate or mtere5t referred to 10 th15 poilcy by foreclosure, trustee's sale, or other legal manner In satisfactIOn of saId mdebtedness, and (3) any federal agency or lO~trumentallty whIch IS an 10- ~urer or guarantor under an insuranCe con- tract or guaranty IOsunng or guaranteemg ~ald IOdebtedness, or any part thereof, whether named as an msured herem or not, 5ubJect otherWise to the provIsions hereof 2. BENEFITS AFTER ACQUISITION OF TITLE If an msured owner of the Indebtedness secured by a mortgage descflbed 10 Sched- ule B acquires ~ald estate Dr IOtereSt, Dr ;tny part thereof, by fored05ure, trustee's sale, or other legal manner 10 satl~factlon of 5ald mdebtedness, or any part thereof, or If a federal agency or instrumentality acqUIres saId estate or mterest, or any part thel eof, as a consequence of an Insurance contract or guaranty IOsuflng or guarantee- Ing the mdebtedness ~ecured by a mortgage cm ered by thiS poltcy, or any part thereof, thIS pol1cy shall continue 10 force 10 favor of 5uch Insured, agency or instrumentality, subject to all of the conditIOns and stlpula- tlOn5 hereof. 3 EXCLUSIONS FROM THE COVERAGE Of THIS POLICY ThiS policy does not lOsure agalOst loss or damage by reasons of the {Ollowlllg (a) Any law, ordlOance or governmental regulatIOn (lOcludmg but not limned to budding and zoOlng ordln,tnCe5) restnctlng or regulatmg or prohlbltmg the occupancy, use or enjoymtnt of the land, or regulatlOg the chuJcter, dlmenslOm, or locatIOn of .my Improvement now or hereafter erected on ~ald land, or prohlbmng a separatIOn 10 (1wner~hlp or a reductIOn In the dimenSIOns tlJ area of any lot or parcel of land (b) Governmenta] flght~ of pollce power or emment domam unless notice of the ('xerCl~e of ~uch flght~ appear~ In the pub]lc relords at the date hereof (c) TIt]e to any property beyond the !tnes of the land expressly descflbed In Schedule C, or title to ~treet5, roads, ave- nue5, lanes, wars or waterways on whICh such land abu,~ or the n,.c:ht to mnmtaln ,herem vaults, tunnels ramp!> or any other 5tructure or Improvement, or any n,.c:hts or easements therem unles~ thiS polICY speClflc- ally proVides ,hat "uch property, nghts or easements ate IOsuleJ except that If the land abut5 upon one or more phYSically open streets or hl,.c:h\\ ay" thl" polICY IOsure~ the ordlOary nght~ of ,lbuttln,.c: 0\\ ners for access to one nf such ~tt(etS 01 hl,.c:hways unles~ otherWise e'\tepted or excluded herein (d) Defect~, hem, cOlumbrance~, adverse claIms agamst the tIt]e as Insured or other matters (1) created, "uffered, as~umed or agreed to by the Inmred c1almlOg loss or damage, 01 (2) known to the Insured ClaImant eIther at the date of thIS policy or at the date suth In~ured ClaImant ac- qUIred an estate or Interest msured by thiS policy and not shown hy the puh] IC records, unless dI5c1o!>ure thereof 10 wrltmg hy the In~ured shall have been made to the Com- pany prior to the date of thl" policy or (3) resu]tmg m no lo~s to the In~ured Cl.llm- ant, or (4) attachmg or created 5ubsequem to the date hereof (e) Loss or damage which would not have been sustalOed If the In~ured 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, ,l[ Its own cost and WIthout undue de]dY shall proVide (1) for the defense of the In~un.d 10 all ]ltlgatlOn conSisting of actIOns or prou:edlOgs com- menced agamst the In~ured, or detenses, restrainmg orders, or mJunctlons Interposed agalOst a foreclo~llfe or ~dle of the mort- gage and IOdebtedness covtn:J by thiS polICY or a sale of the estate: or IOterest 10 ~ald land, or (2) fur such actiOn as may be appropnate to e~tablJsh the tlt]e of the estate or lOterest or the lien of the mort- gage as Insured, \\hllh ]ltlgJtlOn or actIOn In any of such event~ ]S founded upon an alleged defect, hen or encumbrance 10- sured against by thiS pollcy, and may pur- sue any htlgatlOn to fmal de[ermlOatIOn 10 the court of last resort (b) In ca~e any such actIOn or proceed- 109 shall be begun, or Jefeme IOterposed, or 10 ca~e knowledge ~h.dl come to the In- 5ured of any claim of tale or mtere~t Whllh I~ adverse to tht tltlt of the e~[ate or 10- terest or lien of the morrga,.c:e as IOsllfed, or which mIght C,lu~e l(l"~ or damage for which the Comp.lny !>h,d] ur mdY be hable by virtue of thl~ pO]llY or If the Imured shall 10 good faHh wntract to sell the 10- debtedne!>s ~tcurld by ,I murrg.1gt: CO\ ered by thiS pohcy, or, If ,10 In~ured 10 good faith lea!>es or wntr,It[,> (0 ~ell, lease or mortgage the S,Ulle, or If the successful bidder at a foredosurt ~dle under a mort- gagt' covered by thb IwlllY refuses to pur- chJ~e and 10 any suth event the title to saId estate or IOtert~t IS rejected as un- marketable, tht: Insurt:d shall notify the Company therel)f 10 ~ ntlOg If such notice shall not be gIven to the Cumpany wlthlO ten days of the receIpt of process or plead- IOg~ or If the Imured ~h III nut, 10 wnt1Og, promptly noufy the CompJny of any de- fect hen or encumbrance IOsured a,':alO"t whICh ~hall come to the knowledge of the In'iured or d the Insured shall not 10 wntlO~ plOmptly notdy the Comp,lOY of any ~uch rejectIOn by re.1~on of claimed un~ m,uket,lbillty of wle then all ltabillty of Ihe Company 10 regard to the subject nutter of !>uch aC{Jon, proceedmg 01 matter sh,1l1 cease and termlOate, proVIded however. that hdure to notIfy shall 10 no (a~e prejudice the claIm of any Insured unle~~ Ihe CompJny !>halJ be actually prejudiced by SUth fadure and then only t(l the extent of such prejudice (c) The Company ~hall have the n~ht .It ItS own cost to IOStltute and prosecute ,Iny actIOn or proceedmg or do any Other act which 10 ItS oplOiOn mdy bt' necessal}' or deslrab]e to e~tabl15h the tIt]e of the estate or mterest or the lien of the mOlt~ g,lge a~ lnsured, ;lnd the Company may lake any appropnarc aCllOn undt'1 the term~ of thiS POliCY whethu or not It <;hall be liable thereundel and shall nor thereby concede ]lablllty Dr w,llve ,tny provI~lOn of thIS pollcy (d) In all Cdse~ where thiS polIcy per- mits or reqUIres the Company to pro~ecute or provHle for the defen~e of any actlOn or proceedlO}I:, the ln~ured shall secure to It the right to ~o prmttutt or proVide Je- fense 10 SUth .1ctlOn or proceed 109, and all appub therem, and pt'rmlt It (0 u~t', at It'i optIOn, the name of the Imured for such purpose Whenever requested by the Com- pany the Insured 5hall gIve the Company .111 reasonable all! 10 any ~uch actIOn or proceed 109, m effectlO}I: ~ettlement, seCllllllj:: eVld<:nce, obtalOlOJ': Wl[n(~~e~, 0] pro~ecu- tlOg or defendlOg such actIOn or proceed- 109, Jnd the Company ~h,d] rumburse the Insured for any expense so IOcurred 5. NOTICE OF LOSS - LIMITATION Of ACTION In additIOn to the notlce~ reqUired under paragraph 4(b), a statement 10 wntlOg of any loss or damage for \\ hiCh It IS claImed the Company IS hable under thiS policy shall be furnished to the Company within sIxty dJYs afTer such loss or damage shall havt been determIOed and no nght of actIOn shall accrue to the Insured under thIS policy untd thlfty days after such statement shall have been furnished, and no recovery ~hall be had by the Insun.d under thiS policy unles'> Jctwn shall be commenced thereon wlthlO five year~ after expiratIOn of said thlfty dar perIOd Fatlure to furmsh such statement lJ los~ or damage, or to commence such au IOn wlthm tilt time herelObefore spcofled, shall be a con- c1us1\ e bar agalO~t malOten,lO((: by the In- sured of any Jcuon under th" pollcy 6, OPTION TO PAY, SETTLE OR COMPRO- MISE CLAIMS The Company shall have the opllOn to payor 5etrle or comproml~t for or m tht name of the lmured any c1,llffi IOsured agamst or to pay the full amount of thl!> po hey, or, 10 case los~ IS c1,l1med under till'. poky by the owner of the mdebtedn( ~~ secured by a mortg,tge covered by (hl~ polic}'. the Company ~hall have the optIOn to purchase saId Indebtednes~, such pur- chase, payment or tender of payment of (Conditions and Stlpulatlons Contlnued and Concluded on Last Poge of ThIS Policy) mc " TO 1012-1 AS C Callfornlo land Title Association Standard Coverage Pollcy-1963 SCHEDULE A Premiurn $ Lf o. 00 Amount $ 2,000 .00 Effective Date February 23,1968 at 8:00 a.m. PohcyNo INSURED 6725963 CITY OF ARCADIA, a municipal corporation. 1. T,tle to the estate or interest covered by this policy at the date hereof is vested In CITY OF ARCADIA, a municipal corporation. 2. The estate or interest in the land descnbed or referred to In 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 Taxes or assessments which are not shown as eXIstIng hens by the records of any taxmg authorIty that levIes taxes or assessments on real property or by the public records, 2 Any facts, nghts, interests, or claims whICh are not shown by the pubhc records but whIch could be ascertained by an mspectlOn of said land or by makmg InqUiry of persons In posseSSlQn thereof 3 Easements, claIms of easement or encumbrances which are not shown by the public records, 4 Discrepancies, conflicts In boundary hnes, shortage ill area, encroachments, or any other facts whIt.h a correct survey would msclose, and whIch are not shown by the publIc records. 5 Unpatented mmmg claims, reservatIOns or exceptJOns in patents or ill Acts authorizing the Issuance thereof, water nghts, clarms or tItle to water SD TO 1012.111 Coni. C Cdlifornia Land Title As.oclatlon S)OndCln:\ Cov.rag. Poll1:y-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 1967-1968, Second Installment : $321.38 parcel No. 5785-14-32 2. Covenants, Executed by Recorded conditions and restrictions in the deed Peter L. Cuccia : prior to February 15, 1950 in book 830 page 343, Official Records conditions and restrictions in the deed Rudolph H. Schwarzkopf : prior to February 15, 1950 in book 1043 page 37, Official Records. vfuich provide that a violation thereof shall not defeat or render invalid the lien of any mortgage or deed of trust made in good faith and for value. 3. Covenants, Executed by Recorded 4. An action in the Commenced Entitled Superior Court February 9,' 1968 City of Arcadia, a municipal corporation, vs. Britta L. Albert, et al 926351, Superior Court, Los Angeles, County. for public street and incidental purposes parcel 33 Case No. Nature of Action Affects Notice of the pendency of said action was Recorded February 9, 1968 in book M 2772 page 966, Official Records, as instrument No. 3426 TO 1012.1-1056.1C C American Land Tlllo Assaclollan Loon Policy Addillonal Covorc:Jge-1962 0' California Land 1111e AUoclatlon Standard Covera~(t Pollcy-1963 SCHEDULE. C The land referred to in this policy i, situated in the county of Los Angeles, state of California, and i, described as follows: The westerly 17.00 feet of the southerly 73.94 feet of lot 78 of Tract No. 4869 (measured along the easterly line thereof) in the city of Arcadia, county of Los Angeles, state of California, as per map recorded in book 52 page 13 of Maps, in the office of the county recorder of ..said county. . ~';VCi_.IT:? .. 'I~ ...."' /1 7 r / ~~.. ; ..,.. {,..... ~ ...... ~'-~$)l' "-~ , . , LOTS 77 AND 7Si ,rJF TRACT NO. 4869:' .I/,f I, , "',c<""', , '" , - _* 1-'*'~I~'li' ,-'" _~"ttt ......\' - _': - '''' ~_" 'i ,t n"J""'- ... -,~ , V,'I.,j" -,,' , .. ..,~ I'~ .' k ~~. ~ ',I.E",O)J~~ I), , [f '~:~\' , Ill:~~~~. " ''';~'"' 'r' J ,_:*, I "_' ;j~'-' 'I " , , L.~MDkJ I ,~YlE. ~~ ~ ,;/" "'''*1 1""", . 'I ,I"" . __ 1 \ J } (, , , , " ~,I,: ': '. , @ ThIS IS not a survey of the land but is complied for mformatJon by the Tlfle Insurance and Trust Company from data shown by the offICIal records CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Polley Face) thL full amount of this policy, to~ether \\ lth all LoStS, ,lttorneys fees and expen~t'~ \\ hlch the Company IS obligated hereunJer to pay, shall' terminate all liability of the Comp,wy hereunder In the event, after notlLe of c1,llm ha~ been given to the Com- p,lny by (he Imured, tht;: Company offer~ to purchase s:lld IOdebtedfJess, rhe owner of such Indebtedness shall tran'ifer and assign ~ald Indebtednes'i and the m(Jrtga~e secuflng the same to the Company upon payment of the purLhase pflce 7 PAYMENT OF LOSS (a) The Itabduy of the Company under thl~ poliCY shall In no case exceed, In all, the ,Ietua] loss of [he lnsllred and cost~ aod .Ittorneys fees whlLh the Company may he obligated hereunder to pay , (b) The Company \\ 111 pay, In addItIOn to any loss lO~ured agaUHt by thIS policy, .Ill CO~ts lmpo'ied upon the Imured In hu. ,g.ltlOn carfled on by the Company for the Insured. and all costs and attorneys fee'i In IItlgatlon carned on by the Insured With the ....Tltten autnonzatron of the Company (c) No claIm for dam:.tges shall ame or bc main tamable under thiS policy (1) If the Company, ,lfter havulg received notice of an alleged defect, lien or encumbrance not excepted or excluded herein removes ...uch defect, lien or encumhrame Within a re,mmable time ,tfter receipt of such notice or (2) for 11.1hdJty volunt:mly assumed by the Insured In settlrng 'lny claim ur SUit witham wntten consent of the Company, or (3) III the e,,'ent the wle IS rejected as unmarketable because of a defect ilen or encumbrance not excepted or cxciudeJ In thiS policy until there has been a flOal determlOauon by ,I coun ()f competent juns dictIOn ...ustalOlO~ sueh rl,'jectlOn (J) All payments under thl5 polley, ex. cept payments made fat COStS, atrorney~' fees and expen~es, shall teduce the amount of the msurance pro tanto and no payment shall be made Without pHxluClng thiS policy for endorsement of such payment unless the pollcy be lost or destroyed, 10 which case proof of such loss 01 destructIOn o;hall be furnished to the satisfactIOn of the Com- pany, proVIded hO\\e"er, If the ov.ner of an Indebtednes~ ~eLured hy .1 mon~,lgt' shown 10 ScheJult' B I~ .In Insured herein then such payments sh.lll not reduce pro tanto the amount of tht' IOsurance afforded hereunder a~ to su{h ]n~urtJ, e}.cept to the extent that such p,lymenh rL'ducL' the amount of the IOdebtednes<; <;ecurLd hy such mort- ~a[.:e Payment 10 full oy any person or voluntary satIsfactIOn or reIe,lSI: by the In. SUI ed of a mortg.lgt CO\l red by thIS polley shall termlOate all It.loday of the Company to thL Insured owner of the mdebtednes<; seLuted hv such mong.lge, L '(cept as pro. vlded In paragraph 2 ht'reof (e) When liability h,1S ht'en defmltely fixed m accord,mcl: ....nh thL' condIllOm of thiS po!Jcy the lo~s or <.l.1maf.:e shall be pay. able w!thlO thlfty JJ.}'s thereJ.fter 8 LIABILITY NONCUMULATIVE It IS expreo;sly understood that thL amount of thiS pollq IS rLduced by an)' amount the COJ1lp.In, Ill.l} p.lY under any policy msunnp: the ....dtdlty or prIOrity of any mortgage ~h(\\\ 11 or referred [() In Schedule B heu'of or ,my mortgage hen' after executed by the Imured whIch IS a charge or lien on tilL L ~t,\te or mtere~t descnbed or referred to 10 Schedule A, and the amount so p,llJ sh,dl bL deemed a pJ.Y- ment to (he Insured uOlkr thiS policy 1 hl proVISIOns of thl~ p.lr.l,L:rJ.ph numbered R shall not apply to .111 In~llrt"J owner of an IOdebtedncss SCCllfLd hy .1 mortgage sho.... 11 10 Schedule B unless <;uLh In~ured acqUires ntle to said estate or IOtert'~t 10 satisfactIOn of said mdebtednt"Ss or ,my p.lrt thereof 9 SUBROGATION UPON PAYMENT OR SETTLEMENT Whenever the CompJ.ny shJ.II have settled a claim under thl'" poltcy .Ill nght of sub, rogatIOn shall vest In the Company un. affectL-d by any nCI of the lnsured, and It ~ha[[ be subrogated to and be entitled to all tights and remedies which {he Insured .... uuld have had agalOst J.ny person or prop- erty 10 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 subrogatt'd to such fights and remedies 10 the proportion which saId pay. ment hears to the amount of said loss If lo~s should le~ult flOm .10\ act of the In- sutLd ~uch J.ct ~h.lll nut vllld tIlL', policy but the COiT'IUnr In tlut ("\ent, shall be reqUired to p.1Y only th.H p.trt of any losseo; msured .H!:amst hereundt'r whlLh ...hall e}.- ceed the ,lmount d ,lOy, lost 10 the Com- pany by reason of the Illlp.tlrment of the fight of subro.':'.ltlon The Insured If re- quested hr the Company, o;hall transfer to the Company all fights and remedies agalOst any person or property netessary 10 ordLf to plrfect ~llLh nght of ~ubrogatlOn, and shall permit the Comp.my to use the name of the Insured In any trJ.nsactlon or lItigatIOn lOvolvmg such nghts or rt'medlcs If the Insured IS the owner of the In. debtedness secured by ,I mortgage (Overed by thiS pohcy, o;uch Imured may release or substitute the personal Ilabdlty of any debtor or ~uarantor. or extend or mherWlse moddy the terms of payment, or release a portIOn of the estJ.te or 100erest from the lien of the mOltgage, (l[ rde,\~e any col. lateral secunty for tht' Indebtedness, prn- \ lded such act does nor resulI In any loss of prIOrity of the lien of the mon.':'age 10 POLICY ENTIRE CONTRACT Any action or ,lctlOns (II nght~ of action rhat the Insured may h.lve or may brlllg agam<;t the Comp,lO}' atlslng out 0' tht. <;tatus of the Iren of tllt" mOllg,lge covered by thiS policy or the wit' of the estJ.te or Interest lOsured ht'fem Illu<;t he hased on the prOVISions of thl~ POllLY No proVISIOn or conditIOn of thiS policy Lan be waived or changed except by,,, nrmg endorsed hereon or ,1ttached hereto Signed b} the PreSident, ,\ V ILe Pre~ldLnt, thL SecretHY, an Assl~tant Seuetary OL other \ Jhdatmg officer of the C(lmp.my 11 NOTICES, WHERE SENT All notices reqUired to bt' glvt"o the COl)). pany and any statemt'nt m Wrltllll!; It'qulred to bl;' furnished thl' Company shall bl' ,ld- dressed to It at the offICe which lssut'd thl~ policy or to ItS Home Office 433 South Spnng Street, Los Angeles ~4, Ca]iForma 12 THE PREMIUM SPECIFIED IN SCHEDULE A IS THE ENTIRE CHARGE FOR TITlE SEARCH, TITlE EXAMINATION AND TITlE INSURANCE @ Title Insurance and Trust Company FOUNOED IN ,Sg,s POLICY OF TITLE INSURANCE Offering complete tltle serVlces throughout the state of Callforma wrth Just one local call Complete tltle servrces also avaIlable En the states of Alaska, Nevada, Oregon and Washmgton through subsrdlary Compames Title Insurance and Trust Company Home Office 433 South Spring Street Lo, Angele, 54, California CITY COU~CIL DON W HAGE MAYOR City of Arcadia C ROBERT ARTH MAYOR PRO TEM EDWARD L BUTTERWORTH ROBERT J CONSIDINE JAMES R HELMS JR -I 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. 33 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, RDO: jh Enc. ~ MAILING ADDRESSES CITY HALL POBOX 60 Q100e LIBRARY 20 W DUARTE ROAD 91008 POLlCE DEPARTMENT POBOX 60 91008 FIRE DEPARTMENT 7105 SANTA ANITA AVE 910015 TELEPHONES 446.4471 . 681-0276 446.71" 447.2121 "'''6.2128 MARK H BLOODGOOD AUDITOR_CONTROLLER )()_ /6,0 COUNTY OF LOS ANGELES DEPARTMENT OF AUDITOR-CONTROLLER ROBERT A GILL CHIEF DEPUTY 153 HALL OF ADMINISTRATION LOS ANGELES, CALIFORNIA 90012 825-361 1 J R. PASSARELLA, CHIEF TAX DIVISION January 20, 1969 Ci ty of Arcadia 240 West Huntington Drive Arcadia, California Attention: Robert D. Ogle City Attorney RECEIVED JAN 21 1969 CITY OF ARCADIA , crn ATIORNEY Re: Baldwin Avenue Parcel No. 33- Marshall, A. and Ruth O. Beard, grantors Gentlemen: Pursuant to your letter dated May 9, 1968, taxes have been cancelled in accordance ,,'ith Section 4986 of the Revenue and Taxation Code. This cancel- lation was ordered by the Honorable Board of Super- visor3 October 22, 1968 by Authorization No. 06177. Very truly yours, IffiP~~ BLOODGOOD, Auditor-Controller 0\.. A .i ~ iC.A-' ~-~ By J. R. Passarella, Chief Tax Division JRP !EHP /tc ;;:,..