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Home My WebLink AboutDeeds & Easements_21-1959E July 20, 1.959 EXCERPT fr= minutes of a regular meetingthe Gity Couneil, Cit7 of Redlands, California,, held April 17, 1956. BIDS N TRIANGLE At this time bids on the triangle of C .t _ tate and Texas Streets mre openedand declared fromt Yrwik and .arian Bun*m Redlands %J4.t000.00 Carl. Metz Redlands ..450.00 Henry Jackson Redlands 4.,65o.00 Attorney aerated out that oral bids could be received at this time. Biddingdi quite spirited and bids utre noted from W. F. Battu', Harold Grand-yo Frank Burns., and. Henry Jackson. Final high bid was 1n the amount of $5o950,00,, mde Hemry Jackson, and the 1 ked doun to TES°. Jackson the third call. On motiongado s, seconded by ft-incilman d carried, the City Attorney was directedto negotiate this sale and to go into escrow in ten days. , Harry R. 'Whaley,, hereby certify that the above is a true yid earmat dopy from the g of the City_ Councilp City of Redlands,, hold April 17.* 1956, and recorded on page s Book 1 s of minutes. Harry R. l .e ' city Clerk City of Redlands Dated-, July 22 1959 ESCROW SECURITY FIRST NATIONAL BANK STATEMENT ESCROW NO 3211-595-H TO City of Redfands Redly Ids BRANCH -fin B24 36 Barton Ranch DOCUMENTS RECORDED Ju:�V 27 19-.5-9 Property Debits Credits Deposits—Cash _ _ _ _ $ $ Total Consideration for—Deed Note v 5 9F50 _00__ Paid Outside of Escrow(as indicated in escrow instructions) 200,00 Unpaid Principal Balance---Trust Deed of Record New Note and Trust Deed Interest $ ct from to FHA Mtg Ins $ 1 yr from to Taxes $ —1230 from to Rents $ mo from to PRO RATA Ins $ Prem $ yr from to Commission Payoffs -- Beneficiary's Fee for Furnishing Demand and/or Statement W-iter Stock Transfer Fee Impounds FHA Mortgage Insurance,Taxes&Assessments and Fire Insurance Bldg A/C Mechanics'Lien Report Recording Notice of Completion Title Company's Charge for Title Policy Reconveyance Fee Revenue Stamps n _ Recording Deed Trust Deed Reconveyance Recording f1, 1}F /? 6,70 - tTud�tl�n�- �.� 7_ Taxes Assessments Tax Service Insurance Additional Insurance Extended Coverage Tr-insfer and/or Mortgage Clause Real Estate Loan Fee Escrow Fee on Sale Purchase Loan Exch 21a1190 Drawing Deed _ Trust Deed __ 2100 Drawing Notary Fees Deposited to the Account of — Check Herewith 5,654.:10 Balance Due This Bank SAMA FOR INCOME TAX PURPOSES TOTAL $ 5,950.00 S 5,950.DO 2368 ESC 2536 s 5s* foo 10Y The County Recorder has been advised of the address to which you wish your recorded documents mailed 4��T N�rto r ��`r�aomf�a SECURITY FIRST NATIONAL BANK �— Redlands Branch City of Redlands City Hall Redlands California Redlands, California July 27 19 59 L ATTENTION. EDWARD TAYLOR, ATTCRI+>lirY II Escrow No 324-595-H In connection with the above numbered escrow,the items indicated below are enclosed herewith Note for$ Title Policy No Duplicate Deposit Slip for$ Fire Policy No for$ Escrow Statement (X ) Fire Policy No for$ Check for$ 5.,652 X20 Receipt for Recorded documents to which you are entitled will be mailed to you by the County Recorder Any other documents to which you are entitled, will be sent you as soon as they are available Title and Fire Insurance Policies, if any, are usually held by the party holding the first encumbrance Paid Notes and Trust Deeds are held by the Trustee. COUNTY TAXES ON REAL PROPERTY BECOME DELINQUENT AS FOLLOWS: First Instalment after December 10, and Second Instalment after the following April 10 If Buyer does not receive a Tax Bill one month prior to the delinquency date, a written request for same should be made to the County Tax Collector, include legal description. Where Lenders impound funds for payment of taxes they usually secure the Tax Bill Some cities and districts collect their own taxes, which may have different delinquency dates Our files indicate the following A payment on the loan(s) of record is due as shown below AMOUNT DATE DUE IN FAVOR OF (or held for collection by) ADDRESS Insurance Company Policy No. Amount of Coverage Expiration Date Please accept our thanks for this opportunity to serve you We trust that we may continue to be of service to you Yours very trul Received the enclosures SECURI FI ST NATIONAANK By G..aays b. parcv, J scrow Manager Date IF A COPY of this letter is enclosed,please receipt for the enclosures on the copy and return it to us. 2187 E6C 2550 6 sit` too 1oY Transmittal Latter