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Home My WebLink AboutD-1374 .. . ," . .... I 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 June 3, 1964 , from or executed by EVERALD B. OUSLEY and NORMA C. OUSLEY , 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, pa 26, Official Records of Los Angeles County; and the City 0 Ar tlia consents to the recordation thereof by its dUly author . cers. ~~<~,~- City Manager CERTIFICATE OF ACCEPTANCE , The document thus described is hereby approved as to form. . BKD2571 PC /22 /4"#~~~nf~b-~/ . g J J!~!~uL -- .. BK0257/pcIZI ~ AND WHEN RECORDED MArt. TO I City of Arca.dia. 240 West Huntington Drive Arca.dia., California Attn: Mr. JalIIeS A. NickJ.in ~ #- {. I (,,~ 0 J".r - ~>..uoJ I 1589 1~ ~ Nome Str..' Addrell Grant Deed I:l;l Jij nn tIlgJ FREE "',\' ><: ttJ SPACE ASOVE THIS LINE FOR R~CO 'S-USE A ~ gJ II~I_~' -; :FiwuinW..m,~ ~ g 'I~ . - .: -:;f~" ~'>:~'~.; ~ . .. .'....--~~~'l: I, ",- '.,.', r ~\ I) 0 'I r~f:, 0~, il>......I~ I 1:l;l!:;J I~ .~~~......Il~ ~~I '{'" . ~l "'-t ~_ .: !I' : .., ".....~ :r=- 0 ":... 'l~~. ':j( I ~ It-~" -. ~lll;" ~"'.~.1 :t- fil E:::J. _ III - . ~ -.,-~ ~~'. .......<'"\ . YO"ly'"r-..!' 'I '-' (<-' I,~ I -:i~'I"Y \~" H ~ 1;~iilt~j.J;~"D~lJ ?' (j) 1@I,t: ~ 10-- - --, 1-3 ~ ~...';,'.. .--...t:Ij --- - ~-~",.!.l.!.L'i!J~~J' Cf)tJ . 'l~:". CD~' ..-- ", ..."'t-;.\'-ro .. ,,' I ..,. ~1 '":.~. Q~ !~ ,,1i-'l' 0 (j) '~::~I ttJ ~_~[",,-<fu~@~, ~ OH o.:t- rot"' City & Slole L AFFIX I.R.S. $...1i-5../55....u TillS SP.\CE THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY .. . . tOff.'( v A~111{'~ CONSIDER A TION, receipt of which is hereby acknowledged, . EVERALD B. CU3LEY and. NClRMA C. OlBLEY, husband and wife . the following described real property in the County of Los AngeJ.es .\ City of Arcadia. , State of California: RECORDED IN OFFICIAL RECORDS OF LOS ANGELES COUNlY. CALIF. FOR TITLE INSURANCE & TRUST CO. JUL .31 1964 AT 8 A.M. RAY E. LEE, County Record&( 1-3 o :t- o to ~ (j) H 1-3 H ~ hereby GHANTiS) to CITY OF ARCADIA, a. Municipal Corporation ) Lot 2 of Tract No. 5205, as per map recorded in Book 54, Page 61. of Map; in the office of the County Recorder of said County. EXCEPT the Northerly 85 feet thereof. ALSO EXCEPTING theref'rom that portion of said Lot 2, lying Southwesterly of a line normally distant 25 feet Northeasterly f'rom and paralleJ. with the Northeasterly line of the 50 foot right of way of the Atchison, Topeka. and Santa Fe Railway Company, as described in deed recorded in Book 661, Page 198 of Deeds, in the office of the County Recorder of said County. . 5TATE OF CALIFORNIA } 55. cffAVA~d ~ ~~ Evera1.d B. Ousley 11 e\."ffl1L c~'<iw ~\.l..Il.~t.L\ "'WI>. ley Daled: .Tlme 3, 19114 . . known to me - to he the perso~ whose name s are subscribed to the within instrument and aekno.....ledged that rhpy executed the same. ~:~~~ESS my hand and ~ffida~i~ / Signature , IJ .. JJIlA .~ I-"' CJ ex ~ NOTARY PUCL!C-CALI~~'~;A I PRINCIPAL OFFICE IN ,t LOS ANGELES COUNTY ' ~ Title Order No. 6163085 orne (Typed or Print d Notary Public in and for said Cou . and State If executed by a Corporation the Corporation Form 0/ Acknowledgment must be used. Escrow No. 6705 " -::' . ~ . . . . ... ... . . .. . . . . . . . . . ... . . . . . . . . . . . . . .'. . . . . ..r, ... .. . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . ". ... . . . . ... : . . . . . . . .. .. . . . . . . . GRANT DEED , . Title Insurance and "Troust Company . .. .. .:. . . . , . . . . 433 SOUj'H SPRING STREET LOS ANGELES 54. CALIFORNIA . . . .. . . . .. . . , CCWM~ETE1lST"TEW1DE TITLE SERVICE :... t"'CH ONE LOCAL CALL . . !. . . .. -' . ,. ~ . . -. " GRANT DEED Title lnsurance and Trust Company 433 SOUTH SPRING STREET LOS ANGELES 54. CALIFORNIA COMPLETE STATEWIDE TITLE SERVICE WITH ONE LOCAL CALL ....,~ fa. . --- . ... .. " . - . ~ UNITED STATES NATIONAL BANK FROM THE ARCADIA. OFFICE-128 EAST HUNTINGTON DRIVE-ARCAOIA. CALIFORNIA October 21, 1964 City of Arcadia 240 West Huntington Drive Arcadi~, California Re: Escrow #6705-Ousley Attention: Mr. James Nicklin Gentlemen: Enclosed is original Trust Agreement, with two copies, on the funds still due Everald B. and Norma C. Ousley from Deed of Trust and note executed by the City of Arc~dia in favor of Mr. and Mrs. Ousley. This agreement has been made up as requested by you, and conforms to the agree- ment drawn with Mr. and Mrs. Wegmann. Please sign and return the original only, copies are for your files. Encs. Very truly yours~ ~~~ves(4A~ Escrow Officer U . " .... \.:-.".~ ~ r7'- "'~ "--.. ..... ~ia, California October 20, 1964 U. 8. .Uoul ... Arcadia Offica r.o. lox 928 A~cadS.., CalUonia J ~< ... ClU1q. CStJ of AnM1a AUantS-ODI IIcrCIW ~t e;:F" GaDel_DI !ba u.nipM Cit, of AnMla IlalWldl "..-it. tbe .. of t29.461.00 with the UDitacl ltatea .tioMl .... ~la Office. with ialtncUODl that ..14 ball 1. autho~1aed to ..t u, a fruate. MY'" accouat fo~ tile IOle ~ of deU.- eriq .del _ 18 ialtal"'t.. .. "..eM. to Iftralel .. 0ld1eJ aM Ilona G. Oual.,. w1thout 1111 furtller iDlUucUou h_ the UDclen1pec1. IDII h_ ~Dt d8pM1ted. tile U. I. .Uoul .... kca4u Office. u be"~ llltlUCtacl to t.ediaee1, PIJ' the .. of tU.OOO.OO to Iv.ralel I. ud .... c. ~ele,. tbI ~_iDiIll ~t of fll.461.00 CO ,..1& 18 eaU tlUe eltcCllllat. It 1e ullllnetoocl .... ._ thee uy lIltanet accruiq OD eaiel UOUDt of f16.46J.OO pdo~ eo c.,l.te elie~.t of MlcI _ "Ul be ellalNnad to die C1tJ of kca4la OIll,. lIlie oreler ... I'ty t .. ... U ...lucel, lu",ue~le _ till ,ut of tbe UDclenlpecl C1tJ of kudla. C&tJ .f ....... 11. cj 1i&~ "-~rl' cJ-#~~~ ., October 14. 1964 United Statu National Bank 128 E. Huntington Drive Arcadia. California Attention: Mrs. Phyllis Hauk. Escrow Officer Re: Escrow No. 6705 Ousley. Norma C. and E.verald B. Dear Mrs. Haui<: \Hth reference to the above escrow. thitl will aerve as authorization to release upon demand of Mr. or Mrs. Ousley. the sum of $13. 000. leaving a balance in trust in the amount of $16.465. Should there be any questions regatding this escrow. please feel free to contact this office. Very truly yours. ~//~ ------ HAROLD K. SCRONE City Manager HKS:pr ce: City Attorney V TO 1012 f C California land Tille .4.nocic:llion Standard Co....roge Policy farm Copyright 1961 POLICY OF TITLE INSURANCE ".h:., , , /:1 1;1;1: ,>>r.:: ,,:,:,1 'I~<' 1 ~ ~ !K!~ ']1 - ~ IiI /lli I~: ~ ~! I" " ISSUED BY Title Insurance and Trust Company Title InSllrance and Trust Company, a California corporation, herein called the Company, for a valuable considerarion paid for this policy, the number, the effective date, and amoum of which are shown in Schedule A, hereby insures the panies named as Insured in Schedule A, the heirs, devisees, personal repre- sentatives of such Insured, or if a corporation, its successors by dissolution, merger or consolidation, against loss or damage not exceeding the amount stated in Schedule A, together with COStS, attorneys' fees and ex- penses which the Company may become obligated to pay as provided in the Conditions and Stipulations hereof, which the Insured shall sustain by reason of: 1. Any defect in or lien or encumbrance on the title to the estate or interest covered hereby in the land described Of referred to in Schedule C, existing at the dace hereof, not shown or referred to in Schedule B or excluded from coverage in Schedule B or in the Condi.tlons and Stipulati.ons; or 2. Unmarketabiliry of such title; Ot 3. Any defect in the execution of any mortgage shown in Schedule B securing an indebtedness, the owner of which is named as an Insured in Schedule A, hut only insofar as such defect affects the ilen or charge of said mortgage upon the estate or interest referred to in this policy; or 4. Priority over said mortgage, at the date hereof, of any lien or encumbnl.Oce not shown or referred to in Schedule B, or excluded from coverage in the Conditions and Stipulations, said mortgage being shown in Schedule B in the order of its prioriry; . .,"'... ..\"....... all subject, however, [({'r6e Cohclitiqns. and Stipulations hereto annexed, which Conditions and Stipulations, together ~\'it? Sche~~leS A, B'and C;ar~..~~~eby made a parr of this policy. \' ~ 1';0/ _ ,_\' ,In ,Wjt~eir: Whereof, Title Insurance and Trust Company has caused its corporate::.name and seal to be hereunto affixed by its duly authorized officers on the date shown i~ Schedule A. :~ '- ,..,0' I" . ..:~" , c (~ " Title Insurance and Trust Company by ~~~~~.:~~IDENT , , , , (" '4''' . ..,' ,';. .;, " _, ';J '"C,\\ . '. ,~~..':...";,,,~ ~~ Attest ~, . I SECRETARY -'.~;.:.:-:" CONDITIONS AND STIPULATIONS lIncludes those in the Amentan Title Association-Owner's Policy-Standard Form 8-19601 J. DEFINITION OF TERMS The following terms when used in this policy ffil?an: (a) "Iand": the land described, specific- ally or by reference, in Schedule C and improvemems affixed thereto which by law cons(i(u[~ real property; (b) "public records": those records whjch impart constructive notice of matters reluting 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 instru- ment; and (f) "insured": the party or parties herein designated as Insured, and if the owner of the indebtedness secured by a mortgage shown in Schedule B is named as an Insur~d in Schedule A, the Insured shall include (1) each successor in interest in ownership of such indebtedness, (2) any such OWIler who acquires the eState or in- terest referred to in thiS policy by fore- closure, trustee's sale, or other legal man- ner in satisfaction of said indebtedness. and (3) any federal agency or instrumentality which is an insurer or guarantor under an insurancf: contract or guaranty insuring or guarante<:ing said indebtedness. Or any pan thereof, "Whether named as an insured herein or not. 2. BENEFITS ARER ACQUISITION OF TiTlE If an insured owner of the indebtedness secured by a mortgage described in Sched- ule B acquires said estate or interest, or any part thereof, by foreclosure, trustee's sale, or other legal manner in satisfaction of said indebtedl1ess, or any part thereof, or if a federal agency or instrumentality acquires said estate or interest, Dr any part thereof. as a consequence of an insurance cDntract or guaranty insuring or guaranteeing the in- debtedness secured by a mortgage covered by this policy, or any part thereof, this policy shall continue in force in favor of such In~ured, agency or instrumentality, subject tt! all of the conditions and stipula- tions hereof. 3, EXCllJSIONS FROM THE COVERAGE OF THIS POLICY This policy does not insure <lgainst loss or dama!1;e by reason of the following (a) Any law, Drdinance or gDvernmental reRulation (including but nor limited to building and zoning ordinances) restricting or regulrHing or prohibiting the occupancy, use or efljoyment of the land, or regulating the character, dimensions, or location of any improvenlCnt now or hereafter erected on said land, or prohibiting a separation in ownership or a reduction in the dimensions or area of any lot or parcel of land. (h) Governmental rights of police power OJ: eminent domain unless notice of judicial action to exercise such tights ap- pears in the public records at the date hereof. (c) Title to any property beyond the lines of the land expressly described in Schedule C, or title to streetS, roads, ave- nues, lanes, ways or waterways on which such land abuts, or the right to maintain therein vaults, tunnels, ramps or any other structure or improvement; or any rights or easements therein unless this policy spe- cifically provides that such property, rights or easements are insured. except that if the land abuts upon one or more physically open streets or highways this policy insures the ordinary rights of abutting owners for access to one of such Streets or highways, unless otherwise excepted or excluded herein. (d) Defects, liens, encumbrances, ad- verse claims against the tide as insured or other matters (1) created, suffered, assumed or a~reed to by the Insured; or (2) known to the Insured either at the date of this policy at at the date such Insured acquired an estate or interest insured by this policy and not shGwn by the public records, unless disclosure thereof in writing by the Insured shall have been made to the Company prior to the date of this policy; or (3) resulting in no loss to the Insured; or (4) attaching or created subsequent to the date hereof. (e) Loss or damage which would not have been sustained if the Insured were a purchaser or encumbrancer for value With- out knowledge. 4. DEFENSE AND PROSECUTION OF ACTIONS -NOTICE OF CLAIM TO BE GIVEN BY THE INSURED (a) The Company, at its own COSt and without undue delay shall provide (1) for the defense of the Insured in all litigation conSisting of actions or proceedings com- menced against the Insured, or defenses, restraining orders, or injunctions interposed against a foreclosure or sale of the indebted- ness secured by a mortgage covered by this policy or a sale of the estate or interest in said land; or (2) for such acrion as may be appropriate to establish the title of the estate or interest or the lien of the mort- gage as insured, which litigation or action in any of such events is founded upon an alleged defect, lien or encumbrance insured against by this policy. and may pursue any litigation to final determination in the court of last reSott. (b) In case any such action or proceed- ing shall be begun, or defense interposed, or in case knowledge shall come to the In- sured of any claim of title or interest which is adverse to the otle of the estate or interest or lien of the mortgage as insured, or which might cause loss or damage for which the Company shall or may be liable by virtue of this policy, or if the Insured sh:dl in good faith Contract to sell the indebtedness se- cured by a mortgage covered by this policy, or, if an Insured in good faith leases or contracrs to sell. lease or mortgage the same. or if the successful bidder at a foreclosure sale under a mortgage covered by this pol icy refuses to purchase and in any such event the tide to said estate or interest is rejected as unmarketable, the Insured shall notify the Company thereof in writing. If such notice shall nOt be given to the Company within ten days of the receipt of process or plead. ings or if the Insured shall not, in writing, promptly nOtify the Company of any defect, lien or encumbrance insured against which shall come to the knowledge of the Insured, or if the Insured shall not, in writing, promptly notify the Company of any such rejection by reason of claimed unmarket- ability of title, then all liability of the Com- pany in regard to the subject matter of such action, proceeding or matter shall cease and terminate; provided, however, that failure to notify shall in no case prejudice the claim of any Insured unless the Compttny shall be actually prejudiced by such failure and then only to the extent of such prejudice, (-:) The Company shall have the right at its Own cost to institute and prosecute any action or proceeding or do any other ac~ which in its opinion may be necessary or desirable to establish the title of the estate or interest or the lien of the mortgage as insured; and the Company may take any appropriate action under the terms of this policy whether or not it shall be liable there- under and shall not thereby concede liability or waive any provision of this policy. (d) In all cases where this policy per- mits or requires the Company to prosecute or provide for the defense of any action or proceeding, the Insured shall secure to it the right to so prosecute or provide defense in such action or proceeding, and all appeaJs therein, and permit it to use, at its option, the name of the Insured for such purpose. Whenever requested by the Company the Insured shall give the Company all assist. ance in any such action or proceeding, in effecting settlement, securing evidence, ob- taining witnesses, or prosecuting or defend. ing such action or proceeding, and the Com- pany shall reimburse the Insured for any expense so incurred. 5. NOTICE OF lOSS - LIMITATION OF ACTION In addition to the notices required under paragraph 4(b), a statement in writing of any loss or damage for which it is claimed th~ Company is liable under this policy shall be furnished to the Company within sixty days a.fter such loss or damage shall have been determined and no right of action shall accrue to the Insured under this policy until thirty days after such statement shall have been furnished, and no recovery shall be had by the Insured under this policy unless action shall be commenced Ihereon within five years after expiration of said thirty day period. Failure to furnish such statement of loss or damage, or to com- mence such action within the time herein- before specified, shall be a conclusive bar against maintenance by the Insured of any action under this policy. (Conditions and Stipulations Continued and Concluded on Last Page of This Policy) - - VJ..U roO 1012-1 AS' C California land Title Association Standard Coverage Pollcy-1963 SCHEDULE A Premium $ / 7S2.5 Amount $ 41,500.00 Effective Date July 31, 1964 at 8 a.m. INSURED Policy No. 6163085 CITY OF ARCADIA, a municipal corporation. 1. Title 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 described 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 1. Taxes or assessments which are not shown as existing liens by the records of any tnxing 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 hut which could be ascertained by an inspection of said land or by making inquiry of persons in possession thereof. 3. Easements, claims of easement or encumbrances which are not shown by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other feeL" which 8 correct survey would disclose, and which are not shown by the public records. 5. Unpatented mining claims; reservations or exceptions in patents or in Acts authorizing the issuance thereof; water rights, claims or title to water. !-IS - TO 1012-18 Cont. C CalifornIa land Tille Association Standard Coverage Policy.1963 S C H E D U L E B - (Continued) PART II '1. Covenants, conditions and restrictions in deed from Arthur N. 'u' Multer and Lena E. Multer, et al., recorded in book 2859 page 66, Official Records. .. -' I' '. 2. An easement for street purposes over the northerly 20 feet of said land, as condemned for the widening of Huntington Drive, by final decree of condemnation entered in Case No. 252223, Superior Court, Los Angeles County, a certified copy thereof being recorded in book 9570 page 165, Official Records. .,' 3. An easement over said land for poles, wires, and incidental purposes, as granted to Southern California Ediso~ Company, a cor- poration, by deed recorded November 17, 19494 in book 31503 page 388, Official Records, as Instrument No. 224. Said easement is described as follows: , The easterly 5 feet of lot 2, Tract No. 5205, in the county of Los Angeles, state of California, as per map recorded in book 54 page 61 of Maps, in the office of the county recorder of said county. EXCEPT therefrom the southwesterly 25 feet thereof. ALSO EXCEPT a strip of land 5 feet in width lying within said lot 2, the southl'lesterly line of said strip being coincidental with the northeasterly line of the Atchison, Topeka and Santa Fe Railway Company right of way, as now established. 4. A deed of trust dated June 3, 1964, executed by City of Arcadia, a municipal corporation, to United States Holding Company, a corporation, trustee, to secure an indebtedness of $29,465.00, in favor of Everald B. Ousley and Norma C. Ousley, husband and wife, as joint tenants, and any other amounts payable under the terms thereof, recorded July 31, 1964 as Instrument No. 1590. TO lOI2.1-1056-1C C American land Title Anoclotlon loan Policy Additional Coverage-1962 o. California land Tltlo Association Standard Coverago PollCY-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: Lot 2 of Tract No. 5205, in the city of Arcadia, county of Los Angeles, state of California, as per map recorded in book 54 page 61 of Maps, in the office of the county recorder of said county. EXCEPT the northerly 85 feet thereof. ALSO EXCEPTING therefrom that portion of said lot 2, lying southwesterly of a line normally distant 25 feet northeasterly from and parallel with the northeasterly line of the 50 foot right of way of the Atchison, Topeka and Santa Fe Railway Company, as described in deed recorded in book 661 page 198 of Deeds, in the office of the county recorder of said county. . TO~VC PC . , 'J Cl ~/ l" / ~~. J ... ". 1<'.)_ '"'/'f'';- ..lJ' .\ D Ij " v. . . , ,-'I j .). 5~J5 , o ., r :' 60 HU/'JT/NC;TON @ ~,~ 6C' ~ ~ , 0/2 Y.T lJ ~ /.'f"'" L_ --1 -,---- ~ .', <: . " " ~ c "j l' ,-,,"f" -'--"..' T ,.., ~ ~ ... .~.,',_: J_ .. , { " " .:'~.- , " , .,. , . '> .\ , ~ ~'. 0" ...~.. "- ~ ' " ~ .-v~ ~ '-... This is not a survey of the land but is compiled far information by the Title Insurance and Trust Company from data shown by the official records. CONDITIONS AND STIPULATIONS (Continued ond Concluded From Reverse Side of Policy Face) 6. OPTION TO PAY, SETTLE OR COMPRO- MISE CLAIMS The Company shall have the option to payor setlle or compromise for or in the name of the Insured any claim insured against or to pay (he full amount of this policy, or, in case loss is claimed under this policy by the owner of the indebtedness secured by a mortgage covered by this policy. the Company shall have the option to purchase said indebtedness; such pur. chase. payment or tender of payment of the full amount of this policy, together with all COStS, U[torneys' fees and expenses which the Company> is obligated hereunder (0 pay. shall termin:He all liability of the Company hereunder. In the event, after notice of claim has been given to the Company by the Insured, the Company offers to purchase said indebtedness, the owner of such in- debtedness shall transfer and assign said indebtedness and the mortgage securing the same to the Company upon payment of the purchase price. 7. PAYMENT OF LOSS (a) The liability of the Company under this policy shall in no caSe exceed, in a]1, the actual loss of the Insured and costs and attorneys' fees which the Company may be obligated hereunder to pay. (b) The Company will pay. in addition to any loss insured againsr by (his policy, all costS Imposed upon the lnsured in litiga. tion carried on by the Company for the In. sured, and all costs and attorneys' fees in Iitigarion carried on by the Insured wjth tht' written authorization of the Company. (c) No claim for damages shall arise or be maintainable under this policy (1) if ri.e Company, after having received notice of an alle~ed defect. lien or encumbrance not excepted or excluded herein removes such defect. lien or encumbrance within a reasonable time after receipt of such norice, or (2) for liability voluntarily assumed by the Insured in settling any claim or suit without writren consent of (he Company, or (3) in the event the title is rejected as unmarketable because of a defect, lien or encumbrance not excepted or excluded In this policy, until there has been a final de- termination by a COUrt of competem juris- diction sustaining such rejection. (d) All payments under this policy, ex. cept payments made for costs, attorneys' fees and expenses, sh.lll reduce the amount of the insurance pro tanto and no payment shall be made without producing this policy for endorsement of such payment unless the policy be lost or destroyed, in which case proof of such loss or destruction shall be furnished to the satisfactIOn of the Com. p:lOy; provided, however, if the owner of an indebtedness secured by a mortgage shown in Schedule B is an Insured herein then such payments shall not reduce pro tanto the amount of the insurance afforded hereunder as 10 such In..ured, except to the extent that such payments reduce the amOllnr of the indehtedne~s secured b}' such mart. .c:a~e. P.lyment in full by any person Or voluntary satisfaCtion or release by the In. sun:d of :J. mortgage covered b}' this poliC)' shall terminate all liability of the Company to the insured owner of the indebtedness secured by such mortgage, except as pro. vided in paragraph 2 hereof. (e) When liability has been definitely fixed in accordance with the conditions of this poilcy the loss or damage shall be pay- able within thirty days thereafter 8. LIABILITY NONCUMULATIVE Ir is expressly understood that the amount of this policy is reduced by any amount the Company may pay under any policy insuring the validity or priority of any morrgage shown or referred to in Schedule B hereof or any mortgage here. after executed by the Insured which is a cp.ltge or lien on the estate or interest de- scribed or referred to in Schedule A. The provisions of this paragraph numbered 8 shall not apply to an Insured owner of an indebtedness secured by a mortgage shown in Schedule B unless such Insured acquires title to said eSlate or interest in satisfac- tion of said indebtedness or any part thereof. 9. COINSURANCE AND APPORTIONMENT (a) In the event that a partial loss oc. curs after an alteration or improvement sub. sequent to the date of this policy, and only in that event, the Insured becomes a co- insurer to the extent hereinafter set forth. If the cost of the alteration or improve- ment exceeds twemy per centum of the nmount of this policy, such proportion only of any partial loss established shall be borne by [he Company as one hundred twenty per cemum of the amount of rhis policy bears to the sum of the amount of this policy and the amount expended for the alteratinn or improvement. The foregoing provisions srall not apply to costs and attorne)'s' fees incurred by rhe Company in prosecuting or providing for the defense of aCtions or proceediOgs in behalf of the Insured pur. suant to the terms of this policy or to costs imposed on the Insured in such aCtioo'> or proceedings. and shall not apply to losses which do not exceed, in the aggregate, an amount equal to one per centum of the face amount of this policy. Provided, however, that the foregoing coimurance provisions shall not apply to any loss if, at the time of the occurrence of such loss, the then value of the premises, as so impro\'ed. does not exceed the amount of this policy. and provided further that the foregoing coinsurance provisions shall not apply to an insured owner of an in. dcbredness secured by a mortgage shown in Schedule B prior to acquisition of title to said estare or interest 10 satisfaction of saId indebtedness or any part thereof. (b) If the land described or referred to in Schedule C is divisible into separate and noncontiguous parcels, or if contiguous and such parcels are not used as one single sile, and a loss is established affecting one or more of said parcels but not all, the loss ~hall be computed and settled on a pro rata basis as If the face amount of the policy was divided pro rata as to rhe value on the date of this policy of ca.ch separate inde- pendent parcel to the whole. exclusive of an,' improvements made subsequent to rhe date of this policy, unless a liability or value has otherwise been agreed upon as to each such parcel by the Company and the Insured at the time of the Issuance of this policy and shown by an express Statement herein or by an endorsement anached hereto. 10, SUBROGATION UPON PAYMENT OR SETTlEMENT Whenever the Company shall have set. tied a claim under this policy, all right of subroga:ion shall vest in the Company un. affected by any act of the Insured, and it shall be subrogated to and be entitled to all rights and remedies which rhe Insured would have had against any person or prop- erty in respeCt to such claim had this policy not been issued. If the payment does not cover lhe loss of the Insured, the Company shall be subrogated to such rights and reme. dies in the proportion which said payment bear:; to the alllount of said loss. If loss should resuh from any act of the Insured, such aCt shall not void this policy. but the Company, in that event, shall be required to pay only that part of any losses insured against hereunder which shnll exceed the amount. if any, lost to the Company by reason of the impairment of the right of suhrogation. The Insured. if requested by the Compnny. shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect such right of subrogatIOn. and shall per. mir rhe Compnny to use the name of the Ir:sured in any transaction or litigation in. volvin~ such rights or remedies. If the Insured is rhe owner of rhe in- debledness secured by a mortgage covered by this policy. such Insured may release or suhstitute the personnl liability of any debtor or ~uarantor, or extend or orherwise modify the terms of payment, or release a portIOn of the estate or interest from the bell of the mortgage, or release any col. lateral security for the indebtedness, pro- vided such aCt does nor result in any loss of pnonty of the lien of the mortgage. 11. POLICY ENTIRE CONTRACT Any action or actions or rights of aCtion that the Insured may have or may bring againsr the Company arismg Out of the ~l:ttus of the lien of the mortgage covered by this policy or the title of the estate or Interest insured herein must be based on the provisions of this policy. No provision or condition of this policy can be waived or changed except by wriring endorsed hereon or attached hereto signed by the President, a Vice President, the Sec- retary, an Assistant Secretary or other vali- dating nfficer of the Company. 12. NOTICES, WHERE SENT All notices required to be ~iven the Company and any st:ttement in writing re- quired to be furnished the Company ::.hall be addressed to it at rhe office which Issu(.d this policy or to ItS Home Office, 433 South Spnng Street, Los Angeles ~4, Cnliforni:l. 1 J. THE PREMIUM SPECIFIED IN SCHEDULE A IS THE ENTIRE CHARGE FOR TITLE SEARCH, TITLE EXAMINATION AND TITLE INSURANCE_ "' POLICY OF TITLE INSURANCE Offering complete title services throughout the state of California with just one local call. Complete title services also available in the states of Alaska, Nevada, Oregon and Washington through subsidiary Companies. Title Insurance and Trust Company Home Olliee 433 South Spring Street Los Angeles 54, California . ROSCOE HOLLINGER AUDITOR.CONTROl.l.ER . . COUNTY OF LOS ANGELES DEPARTMENT OF AUDlTOR.CONTROLLER D- /!?/ MARK H. Bl.OODGOOD CHIEF DEPUTY J. R. PASSAREl.l.A. CHIEF TAX DIVISION 153 HALL OF ADMINISTRATION LOS ANGELES. CALIFORNIA 90012 MAclSON 5.3611 September 17, 1964 Attn: Nicholas Bertrand Tax Cancellations City of Arcadia 240 West Huntington Drive Arcadia, California Attention: James A. Nicklin City Attorney Re: Lot 2 of Tract No. ?20?, Property Acquired From: Everald B. Ousley and Norma C. Ousley Dear Mr. Nicklin: In reference to YOQr letter dated August 11, 1964, taxes have been cancelled in accordance with Section 4986 of the Revenue and Taxation Code. This cancel- lation was ordered by the Honorable Board of SQper- visors September l?, 1964 by AQthorization No. 6?996. Very trQly YOQrs, ROSCOE HOLLINGER, AQdi tor-Coutl'ol] er ((1-'" - ') i '.' ~" .:,..... .~. '(:'<-. i /1 ^ r .r: j. ., .l ~- ~ ;tt~ (...11'( _ fl- ~~-./ \.... " By J. R. Passarella, Chief Tax Division JRP/NJB/ram .) ZIP CODE: 81008 ~FFICE ~F THE CITY AnoRNlI CITY COUNCIL . MAIL.ING ADDRESS: P. O. BOX 80 . TELEPHONES 440-4""71 881-0278 CITY DALE E. TURNER MAYOIt ADIA CONRAD T. REI BOLD MA YOIt PRO TEM JESS BALSER ROBERT..J. CONSIDINE GIORGI L. FORMAN .lAM IS A. NICKLIN CITY ATTOItNaY HAROI.D K. SCHONE CITY MANACaR Mr. ao.ooe Bollinger, Aud1 tor-Contl'Oller 500 Weat 1'1 IlIle street Loa Angel.. 12, Calitornia AttentiClu Mr. ,...areUa Oh1ef', 'fax Division Dear Mr. ,..sareIla: You are hereb,r requested to prorate and cancel the Cit;)-" share ot all cit;)- and oount;)- taxes levied, unssed, due or pqable upon the real propsrtJ' in the County of LotI Anse1e" State of' Call1'omia, assessed in the MIle ot EVBRALD B. OUSLBr and NOltllA C. 0U3LE!. to wit: Lot 2 of' 'l't'&ot Ho. 5205. .. per up recorded in Book 54. Pace 61 of' Mape. in the of tics of the County Recorder ot ,ai4 County; UClEP'l' the Northerly 85 f'eet thereot; ALSO BIcAI"lIMO theretrca that portion ot sai4 Lo' 2. 1y1ng Southwester17 of a line nol'lll&lly distant 25 teet lIortheaate..17 tlU! eDc1 parallel nth the lIortheaaterly line or tbe 50 toot ript or way ~ the Atoh1aon. lfopeka and. Santa" ltailvay CClIIIP&nl, aa described in deed reoClr4ec1 in Book 661, hae 196 or Deeds, in the oftice ot the County Recorder ot nid County. '1't118 p~rtJ' lIU aoquire4 by' the C1 ty ot Arcadia b,r deed dated June 3, 196'J and recorded. in Book 02571, page 121, in the Recorder'. oftice on July 31, 196-. '!'be tax roll shows 1IIIprOVeMftts on this prop- erty. The Sellers reserved the right to remove the 2-story structure on the property. Yours very truly, . \ . , //-;/ /./4- /~;ne-d- c..-r, /..,Hc.-/a-t:-rc , /j.AMBS A. HIcKLDi - City Attorney JAlhJt8lk cc: City Clerk./ - ~ ',MAILING ADORE..: P. O. BOX.SO ZIP CODE: 81008 TELEPHONES 44e.4,,' I a.'.0278 ~I'. ( (. .' ./ CITY COUNCIL. DALE E. TURNER .04 MAYOA ADIA CONRAD T. REI BOLD M. YOIII JI'tIlO TEN JESS HALlIER ROBIIRT J. CONSIDINE GEORGE L. FORMAN JAMES A. NICKLIN CITY ATTORNEY HAROLD K. SCHONE CITY MANAGER Mr. Roscoe Holl1n&er. Auditor-Controller 500 Vest ~la Street Los Angele. 12. California Attention: Mr. PauareUa CMaf. '1'ax Division Dear Mr. Passarella: You are here~ requested to prorate and cancel tAe City's ahare of all city and coun1;J" taxe. 1ev1ed. a..eased. due or p~ble upon the real property in the County of Los Angel.s. Sta_e of Ca1iforn1a. assessed 1n the nue of BVDALD B. OUSLEY and NOlItA C. 0111L&Y. to wlt: Lot; 2 ot 'l'ract No. 5205. as per up recorded in Book 54. Page 61 of Maps. in the otrlce ot the County Recorder or s&14 County; EXCEP'l' the Nort~ly 85 feet t;hereofJ ALSO UCBmRO tMrefrOll that portion of .a1d. Lot; 2. lying Southwesterly of a 11ne nor.ally diatant 25 teet North...terly trOll and parallel wlth the Xor\be.sterly 11ne ot the 50 toot r1lbt ot way of the Atoh1aon. Topeka and Santa Jle RaUwq COIIp8nl. at described 1n d.eed recorded in Bo<* 661. Page 196 of Deeds. in the ottice ot the Coun1I7 Recordel' ot add County. '!'bl. property 1IIU aCQ.u1re4 by the C1 ty ot Arcadia by deed dated June 3. 1964 and recorded in BoOk D2571. page 121. In the Recorder' II office on July 31. 1964. 'file tax roll Shows 1IIIproveaenta on tM. prop- erty. The Sellers reserved the right to remove the 2-story structure on the property. Yours very truly. 1- ~/M4 tl.. ~ d??r.- JAMBS A. HlCKLII' C1ty Attomey )'vrt~ Y" 1.1 Ji.!' \ \., . -" fi <: ' , , JAH:Jrs:k cc: City Clerk .iI ,1': ir- . - UNITED STATES NATIONAL BANK FROM THE ARCADIA. OFF"ICE-128 EAST HUNTINGTON DRIVE-ARCADIA. CALIFORNIA August 5, 1964 Ci ty of Arcadia City Hall Arcadia, California Re: Escrow #6705 Attn. Mr. James Nicklin Gentlemen: Documents have been recorded in the above escrow and we enclose the following: 1. Escrow closing statement, in duplicate 2. Escrow check #E 19742 for $42.80 3. Policy of title insurance, and copy, issuedtu Title Insurance and Trust Company, #6163085 It has been a pleasure handling this escrow for you and if you have any questions, or if we can be of further service, please do not hesitate to call 'us. Please acknowledge receipt of the above by signing and returning the carbon copy of this letter. Very truly yours, ~l:(~ Muriel. V. Hargraves Escrow Officer NVH:lb enc. P II~J fl,q'''~-_.JI' ~ ~ UNITED'ST4-TES i ~~ NA~ON~L Bf'NK ~jiJ 8 ' l' b .f r .........A.r.?~~.~.................Office ESCROW STATEMENT - Escrow No. .p705.... .... . . Date re,<.. . JulY..3l. ..l2q.4... . ......... DescriptIon 01 Pr~erty . Part .0.t:...:L.9:\; ~... . Tr,il::t 5~0>LArcac;l:L.a.......... . .........u..... ME M O. Paid outside of Escrow $ Cash through Escrow Encumbrances Statement of City of Arcadia Everald B. and Norma C. Ousley Total consideration 41,500.00 With KEEP THIS STATEMENT FOR INCOME TAX PURPOSES DEBITS CREDITS Cosh Consideration through Escrow~Sole.......................................................... Cosh Deposited in Escrow .......................................... ....................................................... Pm:ch.ase..l':I.o.n~...'r.rg~.t...!).e.e.9,................................................. ................... ................... Policy of Title Insuronce ......c;:.r.~~.t.......................... ....................................................... Recording: Deed .............................................................................................................................. ............................... ................................ Trust Deed ......... ..... ............. ............ ..... .............. . ............. ............... ........... .... ............ ...... ........ .................. ..... ......... ..... ..... ........ Reconveyance .............. ................ ..... .......... ........................ .... .......... ... .......... ......... ...... ............ .......... .......... . ........................ ....... ::::::::::~~.~~~:~(J():. ::::::::i?~Q99;:80:::: ............................... .........~.9..465.QQ... ............................... .................3.6..00... ._..... ..n....... ............................__. .......nn. ......n..... on.. ...._._ __ _... __ ..... .......... ......____......... ....._. ............. ......... ......... .n..... onO ...... ........ - -.... ......... .....___..n.__.... .n......... ............................._......._.. . _... ._._..._ __ __._.___.... ... ..... _..__ .... .... ... ..._. ._...... ..... .... ...._...._._... . ...... ...n._.' ... ..-. -.- --.... ...............-.. ............ ....... ........ ... ........................... ..... _ __A __ _.... ..._._. .._ ._. ..... .._... .... ..... ...... ...... . ....... ..... .... ....- ..-. -. -... ........ .......... -..... ........ _... _.._ __...._..... ........ ..... .............__......_......__._..._.......__ ._..._.................__.............h_... _. _.. ..... __.. _ ._.__. . ..... .._ ._____...... ... ..._._ -- ...-.......... _.. .... ..-.. -.... Reconveyance Fee .... .................. ..................... ........... ............................ ...................... ...... ... .......... ................... .... ................ ............ ............... ....... n_ _.._ n nn hn n. .....n _.......... ..u.... ...... ....... .............. ......._ _...._ .. __ __ n n............n _ no' n n' ....__. _nn n_' ..... .... ...n_. n_ n" ..........n __.._ n __n'_ T oxes .... ..... .... .......... .............. .... ...... ........... ........ ........................... .......... ........... .......... ........ ...... ..... ........... .......... .. ......... ............ ......... ..............................................._......____._.._n..._.__n.._._._..._._.n...______..____....._._...__._.....__....._......__._. ....-...-..---..............-.-. ...................---...--.-... Bonds or Assessments ......... ..... .......... .... ....... ....... ........ .................... .... .... ... ........ .... ....... ...... . ....... ............. ....... .... . ............ ................... Benefi c io ry's Statement .... .............. ....... .............. ....... ..................... .......... ........ .... ....... ...... .... ............. ............... .... ...... ............... ....... Broker's Commission n__.n_____n._..._.............................. ............__________n._..__n.....___...___n_....... ..........__ ...nnun_...... n..n_....................__... Appro iso I Fee .............. .......... .......... ................... ......... ..................... .... ................... ............ ................................ ........... ......... .... ........ Internal Revenue Stomps ............................................ ............. .......................................... ................................ ................................ T ox Se rvice . u. .............. ..... ...... ............... .............. ........ ..................... ........................... ........ ........ .............. .......... .................... ............ ~;~~:~:e ~cx:.u~.e.n.t~.:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::~~:~:~o.: ::..:::::::::::::::::::::::::::: Insurance Assignment Mortgagee Clouse ................................ ................................ Demands: ........ .......... ....... ...... ..................................................u...................................... ................................ ................................ ... ... .......__._..........___........._.._..._..............__.............._...._.._............._............_.._____.._... ...n.__....... ................................ ................................ Prorotions: (See reverse side) Taxes .............. ...................................................... ........................................................ .......... ..................... ................................ Interest .............. .......... .... .................................... ................................................. ....... .. ............ ............. ..... ... ................. .... ........ Insurance ....... ...................................................... ................................. ...................... ................................ ................................ Rents ........... .... .......... ............ ...................... ......... .......... .............................................. ...... .............. u......... ............... ................. Mi see Iloneous: ........... ............... ..... ............ .................. .............................. .......... .... ....... ..... . ......... ............. ........ . ......... ........ ..... ......... Check Herewith .....#E..l9142................................... .................... .................. Bolance Due This Bonk ..............u...................... ..........uu...1.2.80. .L....................... TOTALS 41.602.80 41.602.80 This Statement covers money settlement only, Details of prorations, jf any, are set forth on me back hereof. TRU.90Z PRORATIONS TAXES $ $ for for 19 19 19 19 prorated from prorated from to to $ for 19 ASSESSMENT 19 prorated from to INTEREST On $ On $ @ @ "I. "I. from from to to INSURANCE Policy $ Premium $ Issued prorated from to , expi ration date Policy $ Premium $ Issued prorated from to I expi ration date Policy $ Premium $ Issued prorated from to I expiration date Pol icy $ Premium $ Issued prorated from to , expiration date Policy $ Premium $ Issued prorated from to , expiration date ., RENT Tenant Monthly rental $ prorated from to Tenant Monthly rental $ prorated from to Tenant Monthly rental $ prorated from to Tenant Month Iy renta I $ prorated from to Tenant Monthly rental $ prorated from to Tenant Monthly rental $ prorated from to - .-. , :...' ~ I~i t/ m (,..1.184 . I -..... /'/ / ~ . r- // ' . ~~g~VED ~ .I It ,I (>- / l. (II (" .?t!!...( -< ~ -f'.~"~ I tJ._g-() \ - J' I /.'/ ': V/~ 7J' ....,..,. ~ ~['J'. ,.-li 71",~ Vf..;U.~ ,,{ .....jJ.r-t.'JY~t.'1<~ .>e.t~7t:: I~LLAR~~ ~~~HER ( . ESCROW NO f "1" " ," /" ) . CA' ~I Y.. , IN CONNECTION WITH 'ntE AE:fOVE NUMDl!RCD ESCROW FUNDS RECEIVED CONTRA~ (// Iy .\ d CHECKS TELLER TAU.llea 9.a7 . ESCROW NO! 7 () ~ OAT" 7 - ~ 4 ?L:~~~ "'~-1-- ~_...q~ . Jii_~'f___~~_ TOGETHER .YITH.......- 191d NCll 1'1725 0/ :.?7 tJ9:f, ~ .........~R6 IN CONN::CTION WITH THE AOQVE NUMOCRZ.D llGCROW ".UNDS ri;ECEIVED CONTRA CASH CHECKG tfa -/ V<-,'r) TI!!:LLI!R TRU.2811 0_157 r TO 40 C III 1 , ',@. THANK YOU FOR THIS ORDER. IT WILL RECEIVE OUR PROMPT ATTENTION. 153::" _l.1.....u. B/12/10/63H8 W. M. . .apin 111 61 63 085 THIS ORDER HAS BEEN ASSIGNED ALL CORRESPONDENCE SHOULD TO THE ABOt'tT'T~ I1'flC"5205 @54/61 Mps. EXCEPT tl'lgfl'eTr~N~ N 85 ft and the S 25 ft thereof~ ;J 02450 CITY OF ARCAIDA 240 West Huntington Drive Arcadia, California Attn: Mr. James A. Nicklin Ref: Pcl I / '7- -' 0..1) J. Title Insurance and Trust Company 433 SOUTH SPRING STREET LOS ANGELEs 54 MADISON 6-2.411 , ., FROM TO r~~ SUBJECT: ---;;:: ~ .# it' 7 D J - ,,$7-. Q.t: , I DATE: (-/0-6'-1 .A..- ,.... --. ".. ~~ '7?" ~ ...,.... ----~ 7~ -~""~~,- r z ~ 4--?,.- rr-L ..~-- r /7;.....~;( t7 __ _. .... <.,.(' PLEASE :l~HY TO -> SIGNED /##~ DATE I SIGNED SEND w:-:m AND 7JN;( COPIES WITH CARBONS INTACT. PIN;( COpy IS R~TUI1.NE> WITH REPLY. .... TO FROM ~~ ~'JEc-r&..Jcr"~ - I'f ~ a!kL av ] DAmq,~ PI ~z~~~. ~~bf;j!j ~ kazrr ~ ~.-#f/~~ M~' tYJ-'-/ ~~ . 1/111Z-l1 -udt ~ ~ ~ ~ ~v~.~/~~~ ,flt}tfrTO/~ "eNen ~f/h~ DATE I SIGNED S~NO w:-:m AND ['IN:' CO?Ii:S WITH CA:l30NS INTAC)". i'IN:( CO?Y IS :l~TU;lN~D WITH ~~?LY. FROM TO CL <A.- V1 ~'O <;:;)'C" Cu~j'O'/ -r1/-<4/;&>j 10m. /,:/;>~f U ~!.-C. d I ~ u.JJ.A..k;A tf _ r. /' 7/aV' ~J;.I:~ # ;);:25" 7J o-.,,,.J4<<<<--nv i?l, ~ -7~~-t' tJ~{A '_:~(~ r/l'J '7}~~ fl(. /f4 -?~ ~~~ --(.> ,.fA lJ <:I 7l.;L'~ (,--~/.h ~~~ .7:::q/c r-tlj h ~ Cf~/ <J.:- . iJ Iti>~ P\'Vdl'J7~I# (~$0~~.,. .. '" "\. ... .. '''.' '- SIGNE~ _ , DATE I SIGNED ...,I _ .!,) ':n-;]): /.~J ,;j;"':;{ CO,),.5 'NnJ-: :';,'.,l~00.S l~'-:.C'I'. ,;:\:~ CC,'Y ;5 ,~,:'(U.1i\!:C \','lY:: .~:.l'_Y. '1 -', lj'1\1 ..~ ;':y -;::1 FROM TO c:;zp ~- SUBJECT: DATE: @<t ~rn-uJ?~~ ~I /:?; tJ W-?o # Upfl/aP(]J4-~ .- ~~~X~~./ ./l.L4~_.~ ~~ ~ ~-?- ~)Li:::^5 :l:~:)L'.~ .:0 --> ~ ~ 'M ~,-..<-J ?- ~ cf - ~ <I ~ '2/.i 'JC1lX.1. ,,&.vJ,) Jj:'J.11,/ J1-~ DATE I SIGNED S:'",i) WI-in';, A"'j) ;'1",:( CO:'I.,S WI"!"I-: CA;UO~S I:-!':"ACL I'IN:( CO:,Y IS :lFiUI,~::D WIT:-: ~o,".'i. i)~'(ACI-: '(HIS CO:,Y - ;,EYAIN :'O:l A:-!SW~:l I .I -:' - JuM 9. 1964 lira. 1CUr1.1 llaqr&v.. ...row Departaent 1al1'e4 ltat.. IlatiClft&1 DInk 118 BUt "Uns'- Drive Al"oadia. California Dear Mra. Hal'Cr&V.I. W. tNn81t h.NW1th tor ua. in the a1Hwe nuabeNCl .Icrow ..rtifl.at. of aooeptano. or dHCI clate4 Jun. 3, 1964, exeouted b7 BYlN1d B. OU1.,- aDd HOl"M C. Oualq. W. l1kew1.. hM4 )'au pralllOry not. in the IIIOUftt of $29,Je65.00 llane4 1>>,. JIarold K. Sehou, CltJ' Manq.I', and paph1. W the QUlqa, top1lber nth Deed of 'fl"ua' l1II11ar17 u...teeS b7 the C1t1 Manapr, '''v1n& laiel note, tIaeI. docu- ..tl to 'be _e4 in ..o~. with the lnatl"UOtl.. 1ft the aboYe _Utle4 e..row. We .houlcl reoeive $38.00 orecl1t toward. T1tle order Ho. 6163065. TOlU'I very trulJ', IaOl'OW 116705 - Ouale)" JAH.Jfl lIIle . t; JAUI A. IIICKLD CitJ' Attomq If ((t ~... /1iI..1 ~ d,'''/ ,,'" Av<' ..t~,f "",Ii ~ qJ f)~t'PJ .' __ l' ,. .' cx-c,~ f- /}\ ...., t,i:'!,;}:? .II &'5 ~d<,..- IIfA IH' '/ ~ ~_V' - 'tr ' -:tt / J .--n--:..'-f-.. . '4-/ eJ/c, , (, I A:..... - 4~.,..-1<... CU,,,./. >,...,.. 0',\ 'I" rt' ~/.Q...' - ,(>1 ..(.Jl.<':>I..J J' .' ~.f- t" frrr ;r 'G4.{;:'<r.' QY! ~"t"'\.~,.,;; -.,f-c~ tf..,,"C ~ ',/AAr ~ /'-~i/;!.' \. J ,w" " J -+ /. /' it.'r-; /J/ -'2-:f')l"(! r./ f. '1"&"1 ^/. ,;J. "y, . V I( , (II'; - DO NOT DESTROY THIS NOTE: When paid, this note. with Deed of Trust securing s;:me, mu,'" be surrende.... to Trustee for cancellation, before reconveyance will be made. $~J.~!~........... ......~.!.~......~...._.................~..~....................., 19...~ .CIJ'.JII..bscn...:A..r~..l....196.2_____mnhmh_____h _H_. d~l\... for value received, I, we, or either of us agree to pay to _.........~.>>.....~Q..~...~............~~..~~~_.!~.~.~~..~..~..~..~...~.:::~.~..................... ~ ClI11tanda .............................................__.____,..________n..__..______..__..________________________.., or order, at .______...................,........:...................................................... the sum of ..d~.~B...~..~~..~_..~~.~~~~..~__~._!~...~...~..~...~...~_.~h.~. DOLLARS, wi~erest from h__..~.__.._..._..._.~.............__......!!.........._..._________h__..__.~h_...__..____.h._____.__...____.~..__..._..............,dl-: . 'r""'" tl ...:.f ................................nnnn.n...n ..,l:.r '-""'1 pCI "'lIlum, poilyoildlt::_........ ..nnnn..__......n.....n.__n__.._n.._..n.............h.....h_...nn.._n....n...............n...... '5I,,,,,,,,ld 1..1....<:... ..y. L.. a;.., poftd II :',1<111 111..1"'<1I.cl Ut:d' IIKt: Innn~:;( ~:lo Tnt: prlll(,..l..,df. ~'Iuulu u..IJUII Ut: 111<1Ut: III .,r:Iymenr & '1..1.......... .....+-C.. <I...... .1.... ~vl.. ........r vf ....",,'-,..."'1 aud '"'C'C"" ",...Jill be........."... 11""",.<::1.",..11, ....(,.1... "'. .1.... .......11..." VI IlIe II~IU..' VI "..:. -..etet' Principal ....<I I....... ..."'. payable in lawful money of the United States. If action be instituted on this note I promise to pay such sum as the Court may fix as attorney's fees. This note is secured by a DEED OF TRUST to UNITED STATES HOLDING COMPANY, a corporation, of San Diego, California. cmr (PA'Rl"~#~ ....h..............h.....h........C1'ti;Y.~.................................... N-m PAYMENTS t Dan 'old Dole Duo Alllovnt Credited On BolanCII of ,. PrincIpal Whom M. D. ,. M. D. V. Paid Int'.st Prln'pal UnpaId Pold - , , I , , I I I I , , I ( . .---- ..-.- ....--.-............ _.--~I.I'" This Deed of Trust, Made this... ...~ .............. day of. .lime. ~ between c:rn . ~~..'V~... t~"".~tN ~~. .. ., herein called TRUSTOR, UNITED STATES HOLDING COMPANY, a I" corporation, herein called TRUSTEE, and JWDIAL1) B. ~ _ B(JIi\ C. ~... b"I!II_,.d end vU'e _.~~ ~_.. , herein called BENEFICIARY, Witnesseth: That Trustor IRREVOCABLY GRANTS, TRANSFERS AND ASSIGNS to. TRUSTEE IN TRUST, WITH POWER OF SALE, that property in .LcIl.~"" County, California, =i~d J:s~;a: J::="~ ~.~~~,..~, ==~!!I!III.~.aA.~ 54, --rr im ~ 85 teBt tb..-4. AUlO ~ ~ t2IG pt1aD of 8d41Dt 2. ~ ~ of a 1!De ~ c118tEt as f'eB ~ tl'caa 8Id lBZBl1e1 14th tbe ~ 1SDe or tbe 50 root rIgh~ of Wl1 or the ._4l1(li>" ~ aid ~ Ie BaUWl1 t!._"t."'.~. _ <le8cr1bed :lD dead NOQr."'d8l1 :lD Book 6&" Paae 193 or Deeda. in tbe a!'f'1ce of tbe ~ BeccI'4er or Ed . Including the hereditaments and. appurtenances thereunto belonging, all water rights, and stock appurtenant thereto or connected therewith, and all the estate which Trustor now has or may hereafter acquire in said property, TOGETHER WITH the rents, issues and profits thereof, subject, however to the right power and authority hereinafter given to and conferred upon Beneficiary to collect and apply said rents, issues and profits. FOR THE PURPOSE OF SECU~ p~~.~nt of th" sum ~;';"~"'~"'~"~T;~"~Z;"'~"'-)'''~''~'''~'''~'''~'''~''~ - ~...~..~..~......................--'?.............~_.~.."!~.~..~...~...~...\'f.€1..~~QQ ...~...~...~...~...Dollars with interest thereon according to the terms of a promissory note or notes of even date herewith, made by Trustor, payable to the order of Beneficiary, and extensions or renewals thereof; (2) Performance of each agreement of Trustor herein contained; (3) Payment of any and all obligations now or hereafter owing from any Trustor hereunder to Beneficiary and secured by mortgage or deed of trust of real property, or stated to be secured by this Deed, whether such obligation be (a) joint or several; (b) direct, indirect or contingent; (c) due or not; (d) payable to or otherwise acquired by Beneficiary; (e) evidenced by promissory note or otherwise. TO PROTECT THE SECURITY OF THIS DEED OF TRUST. TRUSTOR AGREES: (1) To keep said property in good condition and repair; not to remove or demolish any building thereon; to complete or restore prompUy and in good and workmanlike manner any building which may be constructed, damaged or destroyed thereon and to pay when due all claims for labor performed and materials furnished therefor; to comply with all laws affecting said property or requiring any alterations or improvements to be made thereon: not to commit or penn it waste thereof; not to commit, suffer or permit any act upon said property in violation of law; to cultivate, irrigate, fertilize, fumigate, prune and do all other acts which from the character or use of said property may be reasonably necessary, the specific enumerations herein not excluding the general. (2) To provide, maintain and deliver to Beneficiary fire insurance satisfactory to and with loss payable to Beneficiary. The amount collected under any fire or other insurance policy may be applied by Beneficiary upon any indebtedness secured hereby and in such order as Beneficiary may determine, or at option of Beneficiary the entire amount. so collected or any part thereof may be released to Trustor. Such application or release shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice. (3) To appear in and defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee, and to pay all costs and expenses, including cost of evidence of title and attorney's fees in a reasonable sum, in any such action or proceeding in which Beneficiary or Trustee may appear, and in any SUlt brought by Beneficiary.to foreclose this Deed. (4) To pay: at least ten days before delinquency all taxes and assessments affecting said property, inclUding assess- ments on appurtenant water stock; when due, all incumbrances, charges and liens, with interest, on said property or any part thereof, which appear to be prior or superior hereto; all costs, fees and expenses of this Trust. Should Trustor fail to make any payment or to do any act as herein provided, then Beneficiary or Trustee, but without obligation so to do and without notice to or demand upon Trustor and without releasing Trustor from any obligation hereof, may; make or do the same in such manner and to such extent as either may deem necessary to protect the security hereof, Beneficiary or Trustee being authorized to enter upon said property for such purposes; appear in and defend any action or proceeding purporting to affect the security hereof or the rights or powers of Beneficiary or Trustee; pay, pur- chase, contest or compromise any incumbrance, charge or lien which in the judgement of either appears to be prior or superior hereto; and, in exercising any such powers, pay necessary expenses, employ counsel and pay his reasonable fees. (5) To pay immediately and without demand all sums so expended by Beneficiary or Trustee, with interest from date of expenditure at eight per cent per annum. (6) That any award of damages in connection with any condemnation for public use of or injury to said property or any part thereof is hereby assigned and shall be paid to Beneficiary who may apply or release such moneys received by him in the same manner and with the same effect as above provided for disposition of proceeds of fire or other insurance. (7) That by accepting payment of any sum secured hereby after its due date, Beneficiary does not waive his right either to require prompt payment when due of all other sums so secured or to declare default for failure so to pay. (8) That at any time or from time to time, without liability therefor and without notice, upon written request of Bene- ficiary and presentation of this Deed and said note for endorsement, and without affecting the personal liability of any person for payment of the indebtedness secured hereby, Trustee may: reconvey any part of said property; consent to the making of any map or plat thereof; join in granting any easement thereon; or join in any extension agreement or any agreement subordinating the lien or charge hereof. (9) That upon written request of Beneficiary stating that all sums secured hereby have been paid, and upon surrender of this Deed and said note to Trustee for cancellation and retention and upon payment of its fees, Trustee shall reconvey without warranty, the property then held hereunder. The recitals in such reconveyance of any matters or facts shall be conclusive proof of the truthfulness thereof. The grantee in such reconveyance may be described as "the person or persons legally entiUed thereto." (0) That as additional security, Trustor hereby gives to and confers upon Beneficiary the right, power and authority, during the continuance of these Trusts, to collect the rents, issues and profits of said property, reserving unto Trustor the right, prior to any default by Trustor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, to collect and retain such rents, issues and profits as they become due and payable. Upon any such default Beneficlary may at any time without notice, either in J?erson, by agent, or by a receiver to be appointed by a court, and without regard to the adequacy of any security for the mdebtedness hereby secured, enter upon and take possession of said property or any part thereof, in his own name sue for or otherwise collect such rents, issues and profits, including those past due and unpaid, and apply the same, less costs and expenses of operation and collection, inclUding reasonable attor- ney's fees, upon any indebtedness secured hereby, and in such order as Beneficiary may determine. The entering upon and taking possession of said property, the collection of such rents, issues and profits and the application thereof as aforesaid, shall not cure or waive any default or notice of default hereunder or invalidate any act done pursuant to such notice. (11) Whenever Trustor shall be in default in the payment of any indebtedness secured hereby or in the performance of any other agreement, obligation or condition in this Deed of Trust. Trustee or Beneficiary shall be entitled to do any or all of the following: (a) Take possession of said property or any part thereof; (b) Operate said property or any part thereof; (c) Do such acts as may be necessary to conserve the value of said property or any part thereof; (d) Collect and retain the rents, issues and profits from said property or any part thereof, either with or without taking possession. ....01 , In addition and without prejudice to such rights, Beneficiary shall have the right to have a receiver appointed to do any or all of the aforesaid thmgs during any such default, Beneficiary's legal expense in procuring the appointment of a receiver shall be chargeable to Trustor. If a net profit be realized from the exercise of the powers herein conferred, it shall be applied upon the indebtedness secured hereby in such manner as Beneficiary may determine; if a net loss be realized, Trustor hereby agrees to pay Ute amount thereof to Trustee and/or Beneficiary, as their interests appear. (12) That upon default by Trustor in payment of any indebtedness secured hereby or in performance of any agreement hereunder, Beneficiary may declare all sums secured hereby immediately due and payable by delivery to Trustee of written declaration of default and demand for sale and of written notice of default and of election to cause to be sold said property, which notice Trustee shall cause to be filed for record. Beneficiary also shall deposit with Trustee this Deed, said note and all documents evidencing expenditures secured hereby. After the lapse of such time as may then be required by law following the recordation of said notice of default, and notice of sale having been given as then required by law, Trustee, without demand on Trustor, shall sell said property at the time and place fixed by it in said notice of sale, either as a whole or in separate parcels, and in such order as it may determine, at pUblic auction to the highest bidder for cash in lawful money of the United States, payable at time. of sale. Trustee may postpone sale of all or any portion of said property by public announcement at such time and place of sale, and from time to time thereafter may postpone such sale by public announcement at the time fixed by the preceding post- ponement. Trustee shall deliver to such purchaser its deed conveying the property so sold, but without any covenant or warranty, express or implied. The recitals in such deed of any matters or facts shall be conclusive proof of the truthfullness thereof. Any person, including Trustor, Trustee. or Beneficiary as hereinafter defined. may purchase at such sale. After deducting all costs, fees and expenses of Trustee and of this Trust, including cost of evidence of title in connection with sale, Trustee shall apply the proceeds of sale to payment of, all sums expended under the tenns hereof, not then repaid, with accrued interest at eight per cent per annum, all other sums then secured hereby; and the remainder, if any, to the person or persons legally entitled thereto. (13) Any Trustor who is a married woman and who has joined in the execution of any promissory note or notes secured by this Deed of Trust hereby expressly agrees and assents to the liability of her separate property for all such indebted- ness. Such agreement and assent, however, shall not be deemed to create a present lien or encumbrance upon any of her separate property not herein described. (14) The pleading of any statute of limitations as a defense to any and all obligations secured by this Deed of Trust is hereby waived. to the full extent permissible by law. (15) That this Deed applies to, inures to the benefit of, and binds all parties hereto, their heirs, legatees, devisees, administrators, executors, successors and assigns. The tenn Beneficiary shall mean the owner and holder, including pledgees, of tile note secured hereby, whether or not named as Beneficiary herein. In this Deed, whenever the context so requires, the masculine gender includes the feminine and/or neuter and the singular number includes the plural. (16) That Trustee accepts this Trust when this Deed, duly executed and acknowledged, is made a public record as provided by law. Trustee is not obligated to notify any party hereto of pending sale under any other Deed of Trust or of any action or proceeding in which Trustor, Beneficiary or Trustee shall be a party unless brought by Trustee. The undersigned. Trustor requests that a copy of any Notice of Default and of any Notice of Sale hereunder be mailed to him at his address herein set forth. SIGNATURE crrr ar A1I:lIDIA ...~~.~.~:<..t..~./~..............u........ ADDRESS ~..Ncat.. Htnt+..'W..... .Dr1Wof."~S....~ State of } County of IS. June 9 64 On......................................................................... 19............. before me, the undersigned, a Notary Public in and for said County and State, personally appeared SPACE BELOW FOR RECORDER'S USE ONLY ..............n.......tl:.~:r..9.Jq...K.,.....$.9.h.9.D.~...................u. known to me to be the person...mwhosc name.1.f?n. subscribed to the 'R~in instrument and acknowl- edged that....................................................executed the same. WITNESS my hand and official seal. (Seal)........J..E.A.N....s.E~EL.S.TA!2................... Notary Public in and for said County and State If executed by a Corporation or Partnership the Corporation or Partnership Form of Acknowledg- ment must be used. Do IlOt record the fol/oll'illg- To be "sed only w"ellllote "as been paid. A reconveyance will be issued only upon presentation to the United States Holding Company of this order, prop- erly signed and acknowledged, and accompanied by the reconveyance fee and the original notes secured by the U. S. National Bank Building. mmhm...........mn..nmCalifornia Trust Deed herein. The undersigned is the legal owner and holder of the note or notes, and of all other indebtedness secured by the fore- going Deed of Trust. Said note or notes together with all other indebtedness secured by said Deed of Trust have been fully paid and satisfied; and you are hereby requested and directed, on payment to you of any sums owing to you under the terms of said Deed of Trust, to cancel said note or notes above mentioned. and all other evidences of indebtedness secured by said Deed of Trust delivered to you herewith, together with the said Deed of Trust, and to. reconvey, without warranty, to the parties designated by the terms .of said Deed of Trust, all the estate now held by you under the same. State of } County of IS. On..................................................................................................19.........., before me, the undersigned, a Notary Public in and for said County and State, per- sonally appeared..._......_..._......____.........._..........................._..__...h_..............._................._ ................................................................................................known to me to be the person.... whose name..............................subscribed to the foregoing request for full reconveyance, and acknowledged to me thaL...................................... executed the same. Witness my hand and official seal. Request for Full Reconveyance To: The UNITED STATES HOLDING COMPANY. Trustee. Record and Mail Reconveyance at my expense to................................................ ..........---......._.................................................._..._~..................... Notary Public in and for said County and State Do not lose or destroy this Deed of Trust OR THE NOTE which it secures. Both must be delivered to the Trustee for cancellation before reconveyance will be made. N-130.<-S6 WHEN RECORDED MAIL TO DEED OF TRUST .......~_.~...~.~.................... -........_____...........h____.........._n......... AND ASSIGNMENT .OF RENTS ~ . - ,"' UNITED STATES NATIONAL BANK OF S"'N 011::::.0 FROM THE ARCADIA OI"FICE-128 EAST HUNTINGTON DRIVE-ARCADIA, CAl.IFORNIA June 3, 1964 City of .Arcadia 240 West Huntington Drive Arcadia, California Re: Escrow #6705-aBIEi Attention: Mr. James A. Nicklin Gentlemen: Enclosed is carbon of deed frcm Everald B. and Norms C. CXisley in favor of City of Arcadia. If approved, please forward your Certificate of Acceptance for the executed deed. Escrow instructiCKlS call for written approval of the prelim 1na.ry title ;:::::::::- report - may we have this approval for our fUes? Also enclosed is Deed of Trust and note for the approval of the City and the required s1gcatures. Please return to this office at your early convenience. Encs. '-r!J::t!/)L ~ Muriel V. Hargrav~:r Escrow Ot'ficer \J - May 6, 1964 TO: J. A. Nicklin, City Attorney FROM: Harold K. chone, City Manager SUBJECT: Acquisi on - Combined Yard Site Eve d B. and Norma C. Ousley We have reached an agreement with these property owners for the acquisition of 8 through 14 South Third Avenue which is referred to in Res. No. 3673 as Parcell. The sale price to be $41,500 with 29% to be paid at the close of escrow, the balance to be paid on February 1, 1965 and the balance is not to bear interest accruing to the Ousleys'. The Ousleys to vacate all the premises by August 1, 1964 and with the' normal escrow closing costs. There are five structures on the property one of which is a two-story frame residence and indicated on the Puffer appraisal as Unit D. The Ousleys to have the right to remove this structure within 30 days after the clearing of the balance of the improvements and the Ousleys shall be obligated to notify the City prior to July 15, 1964 of their intention to re- move this structure from the premises. Would you prepare the escrow instructions and the necessary documents on this matter and forward a copy of same to Mr. and Mrs. Ousley at 444 E. Camino Real, Duarte for their review. If it is possible, under the note of the adjournment of the May 5th meeting to Monday, May 11 th, we will request the City Council to act on this matter at that time. HKS:pr . . ar~f -!7Qo FROM THE OFFICE OF THE CITY MANAGER May 6, 1964 HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL Arcadia, California Re: Acquisition of Combined Yard Site - E. B. Ousley Gentlemen: Mr. and Mrs. E. B. Ousley, owners of the property at 8 through 14 South Third Avenue have agreed to sell the property described below to the City for the sum of $41, 500 which is within the appraised value of the property. The property is described as follows: "Portion of Lot 2 of Tract No. 5205, in the City of Arcadia, County of Los Angeles, State of California, as per map recorded in Book 54, Page 61 of Maps, in the office of the County Recorder of said County. EXCEPT the northerly 85 feet thereof. ALSO EXCEPTING therefrom that portion of said Lot 2, lying southwesterly of a line normally distant 25 feet northeasterly from and parallel with the nor easterly line of the 50 foot right of way of the Atchison, Topeka and Santa Fe Railway Company, as described in deed recorded in Book 661, Page 198, of Deeds, in the office of the County Recorder of said County. It is therefore recommended that the City Council authorize the purchase of the described property for the sum of $41, 500 with 29% being paid at the close of escrow and the balance to be paid without interest on February 1, 1965. The seller to have the right to occupy said property up to August 1, 1964 r, and to further have the right to remove the two-story structure on the 'V.! <- property within 30 days after the balance of the property has been cleared t, (J- r4(~~.lJ . ~ ~~tV' . . by the City. It is further recommended that the City Manager be authorized to execute escrow instruments on behalf of the City on a form prepared by the City Attorney and that the sum of $41, 750 be appropriated from Reserve for Capital Projects Account No. 285 in the General Fund to Capital Improve- ment Projects Account No. 302, Property Purchase - Combined City Yards. Respectfully submitted, ~-f/~ HAROLD K. SCHONE City Manager HKS:pr ". I, ~1'OIf bol.... Ua11 -' _ ....til...... 1d._ the tollow1n&: leller Mall ha.. .... r1&bt \0 00"'" 11M pr..... tfw toMb .. ....~ .. .. . rellt... after 01... 01 ..ft.. to ... 1Del,___h~& o'h&1J' 31. 1964. ..-at hoe. ..., ..-.11 haft.. rlPt \0 "1" .., ...u. or ... PI' 1.... III .. Ofta1s 1:bat .. ~.. aN doe,",,_ 01" ...~I_ t~..., .... .......OeHl'. _.. ....11 be _1Iv ao ...,tptta ....uoaYO!' to He'''' or "!pur ... _ nor 1Iha11 8e11w ... _un_ '-. y- tor 1_ of .... 8e.11.r u....u. -.s.~ all 1'1P- \0 ... r.fl1N to the )tI'apt- " a' ~. , NIl Tllr .. ~ doN DOt wuona' _ PI...t 01" tuWl'e tU.... t.. ... or . .. ~ 1-... . LUr.ewS.M lell... "-'1 bUa 11M riP' \0 r fIl~ .e trca 1:be alloY. dMorlM4 p~'" two.toPy 4welUa& looa" ~ upea _ tollow1D& ....uU_. (1) 0Ia ... Mt... Iu.l:T 15. 1964. Sell.. -n 1a wrlUnc Dotu,o _.. or ioll..' Sa,,' to~.. "'4 "Nlture. (2) U WI.. .. notlft. avw. Sell.. aIIa11 ...1... the l'il5llUal or .d4 r ,'now.. 1d.tb1a tb1n.7 (30) cbIp an.. _.. aba11 a.a.. o1aaro4 1:be prop- e\7 '., ... __.. .t....... tbva_. . (3) sou...' r.wal or 1Id4 .tl'Vl8WN aIIa11 ... at DO o_t '0 ~.. aDd i aball Sa M7 Oftat 1Mt ....1__ pI'i.. to 1:be ~, \0 "lIen ot the "-1... ... .. eternd4 ...... ~STRUCTIONS '" , . " '/ I Il/ ' . . ... TI-iE r UNI....ED ST.....TES NATlJONAL BANK ~""NOIIlGO) -..-- -' Ewow No.........UI....l-..v.../..........................~. " Tille Co. Q,der No(P.../'w..3...QCO? .. 1 v: Date:.... '\ ,l, MEMO I Poid outside of Escrow $.... ........_~. Qfi)~.... ~::~~:::~::sES~.:~~::::.~~.! ~: u..~~1~..................Office THE TO: UNITED STATES NATIONAL BANK: OF SAN DIEGO u ... ...1 hUlCS 7..f)U.. N.~~Q3St.Q9....... BUYER 1 2 3 4 Total Consideration... ., 00........ 9 10 11 12 .. 13 14 15 16 17 18 19 free of encumbrance except: no no ... ......munmn..", 20 m.(if in said city) and County of. . . _ general and special taxes for fiscal year 19........ .' 21 including any special district levies, payments for which ore included therein and collected therewith;..... ........ .. ............._.................. 22 "_ ...... .. 0""'_ .._._.................... on.. on ..no ..Taxes for fiscal yeor 19...ftZ. J 23 Special improvement assessments as follows:. u .DGIS.. .. .... ....m................. 24 with all payments mode to and including.. . . 25' (IT IS UNDERSTOOD THAT YOU MAKE NO REPORT OF TAXES ON PERSONAL PROPERTY which may be 0 lien on the real property 26 herein described until the abo....e taxes on such real property become due and that you are not liable for the payment of the said personal 27 I property taxes.) 28 EASEt~TS~S prIbifna'C.o~ABtnsoi'e~in/~nin9 ordinancas:'-Q.~~~~___.hOWtty_.r. ~: ~n~a:or ::t _..~~_~~~=~~~------~-==~~~___~~:~_~~=====~~==__~=~_.~==~=~~~--=~~=::~:~=====~=====~~=:.~=:===:~:~~~~=~:=~==~=:=::: 31 5 and any additional funds and instrument6jiQuired from me to enable you to comply with these instructions, which you ore to use on or before 6 __n__.__".,.,_.J._.__.~_._.+___ 19____-+_, and when you con pracure 0 Policy of Title In~rance from.tltk-.JDIl~. ....d___ 7 ..~.t_._<!~.~ L9~.._An&t~~_.._._.__._n with IlobBity 01 $_'tl...~oo..._.__._. on ,eol p,operty ;n .h. 8 __.~1~~_~_~~S. _______.._...._..__.....__.Coun.y 01 .~__~_.._.... Sto.e of..c.1l.t~.__.. v;,., Lo~ 2. of lfNc,tllo. u5205'huPfthRP uNOOI'ISed..An..BllOk.".,pIIp..6l.. ..at"'...n 1ft the att!.Q.. of tMu4JO\aQ' I'lIO.OI'Mr.otuu1c1hCCNIlty.....hunhnhuhnnnnnnn..hh...nh...unn UCii"l' tMnonMr~ h85 I..,.. ~nan4hnnnnhnnhnnh..uh.nnn..u........h.......n...n......n..........n UCiftDIG 1lIMntNa tba, PDl'Ucaot.. AU .t.n.2~u..CNtbwMHl'1Jrnot.n... . 12M """"17 cas,.,e5u I.., nonbtU~h .. hn IlU"f,U.1Jdthh...nh...h ~. nor....t.~1:1 11.. ~. tMu.50too' l'iIn'uot uWV.9Iuhbu4'MiHn.nh..nhnn "QJ:~I~w"""$.VW1'" C<!:u n.v. uU 4..'I'lM4SAu.4t!J.<<...n..~u.mn.....n S~lit~~I~d~... . tt..~ =-~.~1Q.1~<<~~~:~~:::~:~~~::~ountJ" ... City of ...-19.. .h...... 32 \ 33 3. IJ 35 .36 37 38 :~~~_~=_-=:=+; ="m;.;~.=,;$1fo~~;t;j.~,;~;mcmtl~r~.--.~-;.~~~~;.._;;;~:;:~~::~ 11,lar,.."S'ro~t!rIll~O'W"Ill'e.p"iI'I!lI'i!t'!!arrl!l11'...o-m~I"lIt."'"'rlIl"trll!l"'lI'~~lllJ'W__;.,~tII-.,_!Ilpt,__"_""'"""awn ~~~~~i;J~~f!~~~~fl~f~~.tr~~!:.~~.~.~~.~.~.~~~_~_..~=.~ 39 40 41 and 0 Trust Deed. 42 in fa....or of. 43 44 for $..... 45 .......... ...... ... ........ 46 47 48 49 50 51 S2 The following prorates and adjustments ore to be mode in this escrow: 53 Interest on Trust Deeds of record, and any funds shown impounded for future payments of taxes, insurance, etc., or Mortgage Insurance 54 Premium paid F. H. A. during past 12 months, bosed on Beneficiary's Statement to 55 Interest on new encumbrances by endorsement on notes to .. _ . on _ .. . 56 Taxes to .~O Pro"l;'U.. , based on latest information a....ailable, and on basis of tax year of July 1 to and including June 30. 57 Rentals on basis of statement furnished by seller or Broker, to 58 P,.mlum on FI'e In,",on,. Polki.. 10 emoel . CIIl" olCllie Of ."row eild Htum 59 ~/IlI!l>I!?"""!t1'lllft~"I>,.8!t"!JMrm'lMM}'n-dmll. uneamed p1W1_ to $eU.J:'. 60 61 executed by. securing 0 note TRU-253 Rov. 2-58 IOVERl (Page Two) I 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 F Pi8 29 /':30 31 32 33 34 35 36 37 38 39 . 140 Make prorations on basis 30-day month. "Close of escrow" sholl mean the day papers are filed for record. Make disbursements by your check. Have fire insurance policies mailed to holder of first encumbrance, if any, otherwise to buyer. Mail title policies to mummmmnmu.uu..uuu.nmmmnmnu.nn.uunmmmmCl._uofmAroad1a"un'.nuQ..DaxuCO.m.....u.................. .....Art'I."1 a....ca11tomla....... .......m....n............. .............m.mu...... .....m....mmm Other documents and checks in my favor to be moiled to my address below. If the conditions of this escrow have not been complied with at the time provided herein you are nevertheless to complete the same as soon as the conditions (except os to time) have been complied with. The undersigned agree that in consideration of your acceptance of the within escrow you shall not be liable for the failure of any of the conditions hereof caused by the exercise of your discretion in any particular manner, except gross negligence or willful misconduct. I agree that no notice, demond, or chonge of instructions shall be of any effect unless given in writing and approved in writing by all parties affected thereby. You are to be considered and held as a depositary only, and shall not be responsible or liable in any manner whatsoever for the suffi- ciency or correctness os to form, manner of execution, or validity of ony instrument deposited in this escrow, nor as to the identity, authority or rights of any person executing the same; and your duties hereunder shall be limited to the safekeeping of such money, instruments or other documents received by you as such escrow holder, and of the delivery of the some in accordance with the written escrow instructions accepted by you in this escrow. Should any controversy arise between the parties hereto, or any other person, you shall not be liable to take any action of any kind but may withhold all moneys, securities, documents or other things herein deposited until such controversy shall be determined by agreement of the parties, or proper legal process. Any disagreement between buyer and seller as to adequacy of fulfillment of a condition may be considered os a controversy. I agree to pay usual buyer's charges. It is understood that the usual fees agreed to be paid for your services ore for ordinory ond usual services only, and should there be any extraordinary or unusual services rendered by you hereunder, the undersigned agree to pay you 0 reasonable compensation for such extraordinary or unusual services, together with any costs and expenses which may be incurred by you in connection therewith; and you are hereby given a lien upon all documents, mOneys and securities herein deposited until you have been so compensated. r'" '., ,J Buyer's Signature: ApprovecS I ..u01lj."Ol'''ARCAMA um.mm"Cl~uAtt~ Buyer's _. .Signature:... ......C1~MaMpl'm.. 42 Address:... ...Address: 43 Telephone: ....Telephone: I I 44 , 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 SELLER Date:..... THE FOREGOING TERMS, CONDITIONS AND/OR INSTRUCTIONS ARE HEREBY CONCURRED IN, APPROVED AND ACCEPTED. w;ll hand you 011 the instruments and money necessary for me to comply therewith, including a deed to the property described, executed by which you are authorized to record or deliver upon payment to you of the sum of $ may pay all encumbrances on said property, except os set forth on page one hereof:. uu.. and from which you You will, as my agent, assign any fi~e and other insurance of mine handed you or that Beneficiaries inform you they hold. pay for assignments on fire insurance policies, sending to escrow Offset Statements, Beneficiary's Statements and/or Demands, seller's charges. Attach Internal Revenue stamps in the amount of $ ...~,.~,. ........ Make check for balance payable to: I agree to and usual Seller's 62 Signature: 'BYwalcS &nmQU81~' Seller's .Signature: nm"ROriIiama;;mOliiiiliIW" 63 Address:. Address: .._ 64 Telephone: ..Telephone: - , - - TI7LB IliSURllNCE MID ~IWST COllPlU'IY 433 South Spring Street December 17, 1963 Cit;y of Arcad1a 240 West Huntington Drive Arcadia. California ~ttent10n; Mr. James A. NIcklin, City Attorne,y C1U" 110. 6163085 UeG $38.00. Re: Parcel Title Insuranoe and Trust Company reports that aocordinG to'an examination of thoso publio reoords whioh under the recordl~ laws impart construotive notice ot matters affecting the title to tho land horeinatter described, the vesting and oondition of said title and the necessary parties defendant in an action to eondemn'said land arc, at the date hereof, as hereinafter sho~n. The CO~lpany suarantees the, City of Arcadia in a SUl!l not to exceed \}3.000.00, that the intormat.lon in. thl:!1 veport is oorreot. Dated: December 13. 1963 at 7:00 8.m. TULE INS E Al'ID mUST COUPABY By R. Officer. . VESTING OF TITLE: EVERALD B. OUSLEY and NORMA C. OU~LEY. his Wife. as JoInt tenants. Title acquired by deed dated September 11. J.945. recorded October 23. 1945.a8 Instrument No. 533 in book 22368 page 402. Official Recorda. IRS: $2().35. Mailing address: 304 East. Huntington Drive. Arcadia. California. FREE mOll A!lL Ii.lClllilllWlCES Elcm: 1. l;latters shoun in part one of Sohedule "BD and exolusions from the COverage of C.L.T.A.. Standard Coverago Policy form, Copyright 1961, uhicb matters are incorporated berein ~y rotorenco to such ~olioy fora. ~"J -- Cont1nuod"."',".4 - Orcier No. 6163085 Page 2. 2. GenE:!ra1 and fJpecia1 count;r and cUy taxes for the fiscal ~. 'f year 1963-l~t_(Parce1 No. 805-41-1), amount $536.58. First ~ installlllent .~.29, plus penalty 01'$16.09. 3. Covenants, conditions and restrictions in deed from Arthur ~Il!;- Multer and Lena E. Multer, et al., recorded prior to Februal'J-j;f-, ;..,7....... 15, 1950 in book 2859 page 66. Official Records. >'<;:'01:, :/.<~;" .~ ,"/ 4. An easement for street purposes over the northerly ~ ,,: !,- feet of said land, as condemned for the widening of Huntington ..t Drive, by final decree of condenmation entered in Case No. 1Jf1'U1 252223, SUperior Court, Los Angeles county, a aaj";1fled coW thereof being recorded in book 9570 page 165, Official Records. 5. An easement over Baid land for poles, wires, am incldenta11ht<!_ purposes, as granted to Southern California Edison COmpa.rl;r, a ; ~. corporation, by deed recorded November 17, 1949 in book 31503 ~,~"<\ page 386. Official Records as Instrument No. 2244. Said ease- ~",.:~Li ment is described as follows: 2,f..f: The easterly 5 feet of lot 2, tract No. 5205, in the county of . Los'Ar)gel~a, state Of_California, as per map recorded in book 54 page 61 of Maps, in the office of the county. recorder of said . county. EXCEPT therefrom the southwesterly 25 feet thereof. ALSO EXCEPT a strip of land 5 feet in ~dth lying within said lot 2, the southwesterly line of said strip being coincidental with the nCII'theasterl;r line of the Atchision, Top~ and Santa Fe Railway Company right of ~y, as now established. NECESSARY PARTIES DEFENDANT other than those parties having an interest or claim not disclosed by said public records and other than those parties having an interest or claim by reason of the matt ere shown in exceptions 1 to 5 inclusive. 1. Eve:rald B. Ousley and Norma C. Ousley, ownel"8. , . DESCRIPTION f.c;t '~7 ~ci-;:.i5~5~ in thei ri;tyu-'of~;-~ld1~' ~ty of Los Angeles, state of California, as per map recorded in book 54 page 61 of Maps, in the office of the county recorder of said county. 0" wi EKCEP'l'-the no~ly -85- feet thereof. Continued-~=---==- --.- -. - Order No. 6163085 Page 3. ALSO EXCEPTXNG ~herefrom that portion ot said lot 2. lying southwesterly of a line normall~ distant 25 teet northeasterly from and pax-allel with the northeasterly line of the 50 foot right 01' way 01' the Atchison. 'l'opelta and Santa Fe Rallt'l'ay Company. as described in deed recorded in book 661 page 198 of ~eda. in the office of the county recorder of said county. PLEASE Note that the tatting description should read as follotJs: The Northeasterly 30 feet of the southtJesterly 55 teet. measured ~adially from the 50 foot right of way of the Atchison and Topel!S and San~ Fe Railway Company land described in deed recorded in book 661 page 198 at Deeds. of Lot 2. Tract Woo 5205. in the city of' Arcadia. ccunty of Los Angeles. State of California. aa per map recorded in book 54 page 61 of Plapa. in the office of the county K'ecorder of said county. REB:ls/lm 6163085- December 13. 1963 at 7:00 a. m.