HomeMy WebLinkAboutDeeds & Easements_4-1960E r7/-.�? ll -
PLACE INTERNAL REVENUE STAMPS IN THIS SPACE
Quitclaim Deed LI;.$.:
(Corporation)
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CITY OF REMANDS, a muncipal corporation, in the County 1
of San Bernardino, State of Cal: orniax (GRANTOR GRANTORS)
S FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
do es hereby remise, release and forever quitclaim to
County pg San Sernardinot
a body corporate end politic; _ S
the real property in the City of Redlands
San Bernardino _, State of California, described as follows.
County of - -
PARCEL Norl: That portion of Lot 7, STONE'S SUBDIVISION, in the City
tiof Redlands, County of San Bernardino, State of California, as per 1
plat recorded in Book 5 of Maps, Page 37, records of said county,
8 described as follows:
bBeginning at the Northerly corner on the Easterly line of Lot 1,
0 Block "C" Feller, Pratt and Kendall thubdtvision;North l5`ence alot ng.3
the •
East line of Lot 1, 97.1 feet;
1
Nfeet to First Street; thence North 62'47' Westerly on the South-- 1
\ westerly line of First Street. 25.83 feet to the point of beginning.
PARCEL NO.2: Lot 1, Block "C", PELLER PRATT D KENDALL
eSUBDIVIS of I
o ONN, g
in the City of Redlands, County of San Bern d n `22, tecofds of said
or-
nia, as per plat recorded in Book 5 of Maps,
county. N
EXCEPTthe followings
Beginning at the Northeast corner of said Lot; thence South along
4 the East line 26.70 feet; thence Northwesterly 53.97 feet to the
point on the North line of said Lot; thence along said North line
ti Easterly 46.90 feet to the point of beginning.
RCITY OF * ;4. ' A.._
gDated May 31, 19 61
o
o By.: 1\ e =!cSkij. -
isyor
F STATE OF CALIFORNIAr�s�11✓ ls�r�✓✓r!✓rr!✓r�!✓r�l�lrr✓ri!✓r�rrrlrs
0 COUNTY OF b WHEN RECORDED,PLEASE MAIL THIS INSTRUMENT TO
ss
ORDER No....-.._----...._ ESCROW No-.................
On thin �_---
dap of in the year one thousand $c.n' � �l SPACE�F3ELOW POR�REGORDER�S USE�ONLY�j��
Snine hundred----------,-- ---s before me, S
a Notary Public in and for said County and State, person S
Sally appeared
Sknown to me to be the__— President,
Sand __.�..-.. -^_.._...�-....-,
S) known to me to be the.--.-- ------Secretary g
of the corporation that executed the within instrument,and i
Sknown to me to be the persons who executed the within in S
Satrurnent on behalf of the corporation therein named, and 0
tl acknowledged to me that such corporation executed the
5 5
same, and acknowledged to me that such corporation exe- 5
cuted the within instrument pursuant to its by laws or a 0
resolution of its board of directors 5
WITNESS my hand and official seal the day and year in
0 this certificate first above written. S
g (Sean Notary Public in and for said County and State S
My Commission Expires--. . 5
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L 12 (G S) 9-27-55 Photo Form (8 pt.)
(Rim 9-51)
„
v yy RECORDED AT REQUEST OF
RECORDING REQUESTED BY co
131 PIONEER TITLE INSURANCE CO.
MAY 16 1961 at 8 A.M. 1.42s.
PHOTOSTATEIt r�
60UK5431 PAGE125 I
OFFICIAL MOMS
WHEN R/ECORD/El, AIL TO - • _ San Bernardino County,Recada I��,
d '-��LLL�-,� c�L-C z�C'� �+�7GaLLat7YII'�Y�'i'Wti t�
,1 Jac G � L�)�
�g,F'
CO
DEPUTY
-- SPACE ABOVE THIS LINE FOR RECORDER S USE
4i2 2? 2CG/,,i
''axnmEtvrn p T L er r•'~'�_
44v '46
..j �y� ,.--„,,._!Any r•
ti
,, xliji - 1
,:iL
.4;./i:E i
I ` -f i :al
_•.o"+�.:.� V 550 •� R[�. $ - IN THIS SPACE
- "64 l
L' Corporation Grant Deed
M 583 5 57 THIS FORM FURNISHED BY PIONEER TITLE INSURANCE COMPANY
FOR A VALUABLE CONSIDERATION, i eceipt of which is hereby acknowledged,
/TITLE INSURANCE AND TRUST COMPANY,
a corporation organized under the laws of the state of Cali.farai.. hereby GRANTS to
CITY OF REDLANDS, a Municipal Corporation,
the following described real property in the state of California, county of San Bernardino
PARCEL 1
That portion of Lot 7, STONE'S SUBDIVISION, in the City of Redlands, as per
plat recorded in Book 5 of Maps, page 37, records of said County, described
as follows BEGINNING at the Northerly corner of the Easterly line of Lot 1,
Block "C”, Peller, Pratt and Kendall Subdivision, thence along the East line of
Lot 1, 97 1 feet, thence North 15° 3 ' East 88 3 feet to First Street, thence North
62° 47' Westerly on the Southwesterly line of First Street, 25 83 feet to the point
of beginning
PARCEL 2
Lot 1, Block "C", PELLER, PRATT and KENDALL SUBDIVISION, in the City of
Redlands, as per plat recorded in Book 5 of Maps, page 22, records of said County
EXCEPT the following BEGINNING at the Northeast corner of said Lot, thence
South along the East line 26 70 feet, thence Northwesterly 53 97 feet to the point
on the North line of said Lot, thence along said North line Easterly 46 90 feet to
the point of beginning
SUBJECT TO restrictions, conditions, reservations, rights and rights of way, if
any, now of record
IN WITNESS WHEREOF, said corporation has caused its corporate name and seal to be affixed
hereto and this instrument to be executed by its Vice President and As;zislant Secretary
thereunto duly authorized
_ Dated March 23, 1961 ,
fix•_
State of Calm--,--___ +� I "°'
County of. San Bernardino TJJ V- TIT ,E INSURANCE D TRUST COMPA Y
,\
On this... 11 day of Apr it - , A D, 161
before me the undersigned a Notary Puhlic in and for said
Count} and State, personally appeared y
E E Stidham ! ''ce President
known to me to be the...... ....V is a- ... President and By /e- t -'(-------
As s i stant Secretary
Yt' known to me to be the.. A S St .... Secretary of the
Title Insurance and Trust Company,
the Corporation that executed the within and foregoing
Instrument and known to me to be the persons who exe
cuted the, within Instrument on behalf of the Corporation
therein named and acknowledged to me that such Corpora _
tion executed the within instrument pursuant to its by laws Title Order No ��� 2- G GU
or a resolution of its board of directors
WIT SS my hand and official seal he day and year in
this e:•icate first above w itten Escrow or Loan No
if otary Public in and for said County d State
ACKNOWLEDGMENT CORP PRES&SEC M 614 5 58
• ft:,.'LLL1� 5EA E
� & e
BOOK 5431 PAGE 126
1.—�,� rlC' OF ICZWZYME
T';°.d ... 9 tao oea.sa y :taaw C 'aS 9rl"i ''rx_ ' oao? p.ro a^a�+b" ey o1 ?. > �._
,.a,..:s[s �i_ tie vu` �'�$z� Yr � by i e t Sg
lobo ,rs fi °s icom Greyback Council
;,; +° 0 .2< r off' RE,,dlancis, p , i L m e o.1
am ao ..rd'�F" .:4 ':'k�? " ,g s 3� " .-, 7� . C
«s ���_ k�i:^a`.':;x f .. „M �w. 'w h:'�` --e:��s��Z�C.� e:�E�r hr?"€x:'._ �` ;Am 4s 7? y
C o c >:z November 20 3 q 60 ^ >w t ..°ot ' a to
3S a".s `�' *.:.` a.-s•aw � >' �S
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8 point type or larger
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4
GENERAL OPTION
g
s
IN CONSIDERATION of the sum of One hundred and fifty and no/100 Dollars,
0 to me in handpaid byCity of Redlands
05
the receipt of which is hereby acknowledged, I do hereby agree to sell and convey .00
�—0----to City of Redlands or assigns,`
00 11
the property known as.
11
0)
327 West Citrus Avenue 01
Lit Redlands, California
y 0
15:
0 C 6:
P
it
0
Legal description to be furnished in escrow ig4
0 00.
deo
41
g
I'
0
1,4 O
at any time within 120 dais from date hereof,ter.the-srma-ef C
0 fox .aid axe e_xaklaugR af the rgal pxQFexty_ QxnRsi by the .Qi.ty Di 14eMars,
_PetY
fie, Redlands on the northeast corner of Sylvan Boulevard and Church
0)
Streets the legal description of which shall be shown in the deed to said 01
53 �ropertt which City agrees to put in escrow _
0 ID D 17 day of Octobe 19 600
——_-4.___in.coz.sic)
gothenber er DelbertCFowler
g ' Chairman, Building Committee,
Fedent, Greyback Council, Inc. Greyback Council Inc. S
Boy Scouts of America.
Boy Scouts of America. 143
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OPTION—GENERAL This standard form covers most usual problems in the field indicated Before you sign, read it, fill in all blanks,
WOLcorrs FORM 1478 and make changes proper to your transaction Consult a lawyer if you doubt the form's fitness for your purpose
REDLANDS ESCROW, INC ESCROW INSTRUCTIONS
306 EAST CITRUS AVENUE ESCROW NO...________1464
_
REDLANDS, CALIFORNIA DATE...
PYramid 3 2939 Lenora K. McCloskey-----
Escrow Officer
1 I hand you herewith $ 'e "' " "" "will hand you $....`'" ""
2 before lose__Of___encrOV
3 and broker will hand you $____...tR...:r._.rrr__.-s...r...!s_..+!.. _.._�.__.�.._�__.�_.+�_�s! MEMO
4 for use of buyer in closing this escrow I have paid $ t to Paid Outside of Escrow $ ......
5 es..s►. r .e►_ ese — re we.__ne_-------see____outside of escrow with which you Cash Through Escrow $
6 ore not to be concerned I will deliver to you instruments and additional funds Encumbrances of Record $
7 required, to enable you to comply with these instructions, which I authorize and New Encumbrancesbr�
`^. $
8 instruct you to use and deliver provided that within the time hereinafter specified, �ca t Peed Valuation of $. 10,000.�y�-...
9 instruments have been filed for record entitling you to procure a ._-?" Ft Purchase Money Deed of Trust $.......... .
10 Policy of Title Insurance of .. t+:Q Per..f4. tlr0 ins rant• Title Co TOTAL CONSIDERATION $ 10 OOO.00 ..
11 with a liability of $ .10,0000 .. .... ... .... ... . .. . .. . ..... . covering
12 property In ..!tan..n{3 a:, r.r3. County, California, described as follows: Lot No .. .. . ... . - Tract No
134 CO It:, •Bf-San--acrilArl 1t -of.•-.�•alifornia ..sa._.ne.mat..reoorded in Book Redlands,
coo
av •-�Ia.---34---M ^t--V-r- i �..140t..71.-. _LS STET, ZO in V the City Cit. of
nts4 gee
15 os per map recorded in Book................._..._... Page__.... .__.............. of Records of said County showing
16 TITLE VESTED IN......... . ...I�.r..�Yi r� ..E__'!t l�ilt?$�r. -(seor prat
17 a..... .........
18 Property Address.. ._. .... . 1��_..rit i&.�� L1., .. ad�. l �t �frai4reVnin ...........................
19 SUBJECT TO: (1)___. 2nd ona.' ly General and S ectal taxes for the fiscal p year 19..... 19 ��
20 INCLUDING ANY SPECIAL DISTRICT LEVIES, FOR WHICH ARE INCLUDED THEREIN AND COLLECTED THEREWITH
21 (2) Assessments and Bonds not delinquent, unpaid balance $....... .... .. ._..._.. and any personal property taxes of any former owner
22 (3) Covenants, conditions, restrictions, reservations, rights rights of way and easements of record or in deed to file,
23 . . . . . .... ... ........ . ....... . ----•-- . . .
24 (4) DEED OF TRUST as per its terms now of record unpaid principal balance of approximately $ itlQ' .... ., the terms of which are known
25 to the parties hereto Obtain STATEMENT of unpaid principal and interest balances on Deeds of Trust now of record and if different from amounts
26 shown herein or if amount of NEW ENCUMBRANCE proceeds to be deposited herein are different from amount shown herein you are to keep
27 the total consideration the same as shown herein by adjusting the CASH THROUGH ESCROW, unless instructed otherwise
28 (5). none...-.-..- . .DEED OF TRUST on your usual form, executed by VESTEES and .....
29 securing note for $ in favor of
30 dated _.. due (if straight note) on or before.......... ... ... .. ....................after date, with interest at
31 per cent per annum, from payable.... . .
32 principal and interest due and payable in installments of $ .OR MORE, each on the day of every
33 month beginning _..
34 ..*: fLrts?..o _. pe., -p.a?.G_.3.7.,...re corda--.rf...said._Goln-tyy described as follow): Beginning at the -
35 _Northerly coiner---con-.tho..Fester.y...line of Lot 1_2 Block "C" ,?leer, Pratt and Kendall
36 .'uotkiiviat53?ts-..th me..23..Csln the i+:so.$t 1131f) of Lot 3 97 1 f let; thence North 15° 3, r.. t
37 .843.3 f&t_.-to.isi"rat... tr fe-t-y_-.t 'aco.-fiort' 62° 47 Westerly on the Southwesterly line -f ..
,y5am ...
38 Fir_st__Strest. .2 ..43...{a.(3.t._to_the..peint._of beginning.
39 .Pl ranl.__No _21_.._.t t-_1,_-.?lock.."C,'r-.P- a__.pitt.'T AND KaDDLL SUBDIVL31011# in the City of.. .
40 .Bedlan_�g,..-County.Ot__S _R__ ..rnardino,..:3tate. of CE ifornias as per_.plat recorded in Book 5
41 .of sf .pa2a.22.,..racox a...of_said...County.. EXCEPT the fallowing: Bktginnin.i at the North-
42 .east.-co .er._.of..J d_'!oty_.thence._ 'ilth.__along the East line 26,E70 feeta thence Nortizwoster_-
43 .ly__5,.97..feat.__to_.t:rm_pe .lit.__o '. the. North line of said Lots thence along; said North line
44 4` to r,1 y.1 +9.0...fcatt.to.the point of_berdralirma
45 -- •---..
46 .i'he...a*raano-refarrna._tch_nrant..11eed..1 ith_a_valuation of 1kl0,000#00 iv to be executed by
47 _eit__.o.R_.faz..^.nda---a 'itilairai--.e rpora_t .on in favor of aroyback Counoii. Inc.; Soy Scouts
48 -of America covvrinc the following described property: Lots 71 tit 9# 10, 11 and 12, Wood-
49 .3,5114113 TraCt4 an the City of_ Redier d .,-County of San Bernardino, State of California, a a
50 .per plat recorded in Book 1S of Mang„. RAREe 54, records of said County. E:ccopt those
51 ..port .o?ns..cCOMOCI tto...the..$tayto not California for freest purposes. Also excepting the
.. ;r 3 52 Westerly h _feet of _Lott/---7_, ...i.,..9..and 3,0., for street pxrposes.
53
54 ..Thi._-Q roe. '+r!Q ,vee._en exohnnte of property and docwients uerei.n are to be recorded
55 ...conourrently t,T.t#* deoweito in of't r no.rtiou' of this escrow.
56
57 - ------------• --....-__.....__.._..........._......... ti-
58
59
60 Tim following adjustments ONLY required in this escrow. AIT1IIT/R lg1111`S+ PRORATE taxes, fi�iz'�[u/.fide/Haiefeil, 7Ftfale�ft�ifnB�r�At��i!,
61 anilto... close of escrow
62 Credit interest on notes as paid to.... none if Deed of Trust drawn by this escrow holder
63 If ou are unable to coin 1 with these instructions on or .. 1961 ._you will comply as
Y P Y prior to.... .........................•-- ..........._................ ................._
64 soon thereafter as possible unless a written demand for return of money or instruments by a party to this escrow is received by you subsequent to
65 such date and prior to the recording of any instrument provided for herein
66 EACH PARTY SIGNING THESE INSTRUCTIONS HAS READ THE ADDITIONAL ESCROW CONDITIONS AND INSTRUCTIONS ON THE REVERSE
67 SIDE HEREOF AND APPROVES ACCEPTS AND AGREES TO BE BOUND THEREBY AS THOUGH THE REVERSE SIDE HEREOF APPEARED OVER
68 THEIR SIGNATURE
69 THE U.(tIDERS GNED BUYER ACKNOWLEDG S RECEIPT OF A COPY THESE ESCROW INSTRUCTIONS
O�t' ht:�3�6 a municipal. corporau.on
70 X
Si nalur Telephone Mailing Address
71 X 4Z6$7,(_
ai+e Cityi re Wo� , geTelephone Mailing Address
•4
(Page Two)
72 THE FOREGOING INSTRUCTIONS ARE APPROVED CONCURRED IN AND ACCEPTED IN THEIR ENTIRETY, and I will supply you with funds, notes and
73 Instruments required from me to enable you to comply with these instructions which you are authorized to use and deliver, provided you hold for my
74 account any instruments accruing to me and the sum of $-.-.- plus any adjustments due me and minus any adjustments due from me hereunder
75 I shall pay for USIR Stamps in the amount of $.-... which you shall affix to the Deed I execute
76 Pay all encumbrances necessary and obtain and record instruments to place title in the condition called for
t „e: .. ar :the u .... .. : -. 4 S its• 7.a . 9 10,. al. i . ; I .. .
. Tr not g in the dit,y of Ph ':..1 )s Genntv et S .rBernardino 1 to of Gelifornia plat
44,yed to
th6.. 'in Book 15� ' ° ' .' d record*�� , � � � y� � r Lo
"TO; .
��. .. � max:
t 89 ,
�A ... `' 5 �. .............. ... ... ...... . .. ... .. ... .. . . ... ... . . . . ... . . .. . . . . . . . . . . . . .
strazyt
77 Pay commission of S. y4 ...... ........... to....................--..-- _................ _..-..--......................................................
78 Pay commission of $.......... ........ .......... la.. . .. .... ............................................... ..
79 Pay commission of $.......... ..................... to. ............ ......
80 EACH PARTY SIGNING THESE INSTRUCTIONS HAS READ THE ADDITIONAL ESCROW CONDITIONS AND INSTRUCTIONS' AS SET FORTH HEREIN
81' AND APPROVES, ACCEPTS AND AGREES TO BE BOUND THEREBY
82 THE UNDERSIGNED SELLER ACKNOWLEDGES RECEIPT OF A COPY OF THESE ESCROW INSTRUCTIONS
Br
83 X 8
Signature of Telephone Mailing Address
84 X
Signature of Telephone Mailing Address
(Colbert CoFouler)
.;,e taw '." - f
"ADDITIONAL ESCROW CONDITIONS AND INSTRUCTIONS
85 TO REDLANDS ESCROW INC
86 Unless otherwise provided, make all adjustments on basis of 30-day month based on latest available figures in case of taxes assessments or bonds principal
87 and interest on encumbrances of record based on statements by mortgages, beneficiaries or holders of notes for collection, interest on new encumbrances by endorse
88 ment on notes, and rents on basis of statement presented into escrow by seller and approved by buyer, and assume seller will collect all rents due prior to close of
89 escrow Assume that insurance premiums are paid and transfer on behalf of parties hereto any fire insurance policies handed you Forward such policies upon close
90 of escrow to agent with the request that insurer consent to such transfer or attach Loss Payable or Mortgagee's Clause or other additions or corrections and that
91 Agent thereafter forward such policies to parties entitled thereto
92 The expression "close of escrow if written in these instructions, shall meals the date first instrument is filed of record
93 You shall in no event be liable for forgeries or false persanations in connection with these instructions instruments of record, or those handled in this escrow
94 You need make payment to or for or deliver documents to any party only if in your exclusive iudgment such may be made without your incurring any liability
95 If any controversy arises between the parties hereto or with any third person, you shall not be required to determine the same or take any action but you may await
96 the settlement of any such controversy by final appropriate legal proceedings or otherwise as you may require and/or file a suit in interpleader and obtain an order
97 from the court requiring the parties to interplead and litigate in court their several claims and rights among themselves, notwithstanding anything in these printed or
98 typed instructions to the contrary In the event such interpleader suit is brought, you shall ipso facto be fully released and discharged from all obligations to further
,,„99, perform,;any'=;and allsdutras or,,oblrg.af(at.€a.rrsposed<Ligon y:ou,.„ .,,,this,„..Ei;clP,y,...„0 pi tiera�-„Igsntly and severally._agtea oefas,y You all_,costs expenses and attorneys
100 fees expended or incurred by you the amount thereof to be fixed and a judgment thereof to be rendered by the court in such suit""In either.r`„event"'you'sha11"Hot'"
101 be liable for interest or damage
102 Whenever provision is made herein for the payment of any sum, the delivery of any instrument, or the performance of any act outside of escrow" the escrow
103 holder shall have no responsibility therefor and shall not be concerned therewith
104 You are to cause no examination or report to be made on state county or city taxes either real or personal or state corporation taxes for the year stated in
105 paragraph (1) line 19 on page one prior to date first installment payments are due and payable, and you are to order no special tax report except as herein otherwise
106 specifically instructed You are to cause no examination of the title to personal property described herein unless specifically instructed herein
107 All monies received in this escrow by you shall be deposited in a bank in an Escrow Funds account with other escrow funds, and all such monies received
108 in this and other escrows and deposited into the same Escrow Funds account shall constitute one General Escrow Fund All disbursements shall be made to
109 parties in interest, by your check and checks and instruments will be mailed to one of the parties entitled thereto if more than one to address given Instruct
110 County Recorder to mail instruments in the same manner
111 In the event it may he necessary or proper to comply with the conditions and instructions of this escrow, you are authorized to cause to be deposited, during
112 the pendency of this escrow, any funds or documents with any bank building and loan association, abstract company title company or another escrow agency
113 licensed under the Escrow Act, to be credited to your account upon recordation of the instruments required to be recorded to complete this escrow. said funds
114 and documents shall be deemed to have been received by you, prior to recording even though the funds or documents are in the possession of a bank building
115 and loan association abstract company, title company, or licensed escrow agency
116 If the property involved in this escrow is included in escrow instructions with a bank, building and loan association, abstract company, title company or another
117 escrow agency licensed under the Escrow Act then you are authorized io make such arrangements with such bank, building and loan association, abstract company
118 title company or licensed escrow agency, as to delivery to it of cash or instruments as will enable you to comply with the instructions in this escrow
119 Recordation of any instruments delivered through this escrow if necessary or proper in the issuance of the policies of title or abstracts of title called for
120 is authorized and in connection therewith funds/or instruments received in this escrow may be delivered to or deposited into another escrow being handled
121 by you or deposited with any title or abstract company, or another escrow agency licensed under the Escrow Act, for the purpose of complying with the terms and
122 conditions of these escrow instructions
123 The parties to these escrow instructions authorize you to destroy these instructions and all other instruments and records in this escrow at any time after 5 years
124 from the date of these instructions
125 Order search of title Deliver title policy to parties entitled thereto Prepare do intents for my signature
126 I, as buyer and/or borrower will pay on demand, regardless of the consummation of this escrow all charges and costs incurred by you for me as buyer and/or
127 borrower including but not limited to fee for preparing instruments I should execute, ar have executed fee for recording documents, insurance endorsements your
128 buyer's escrow fee and all other expenses and costs incurred as is in this escrow provided
129 I as seller and/or lender will pay on demand, regardless of the consummation of this escrow, all charges incurred by you for me as seller, including but
130 not limited to title charge fee for preparing instruments I should execute or have executed, your seller's escrow fee fee for obtaining beneficiaries statements and
131 demands and insurance endorsements and all other expenses and costs incurred as in this escrow provided
132 Each person signing these instructions on the reverse side hereof authorizes you to deduct all their expenses in this escrow from funds due them
133 Each person signing these instructions on this side hereof authorizes you to deduct from their net proceeds in this escrow any amount they may owe
134 you in any other matter
135 The signing parties hereto jointly and severally agree to pay on demand all attorney's fees, costs and damages suffered or incurred by you in case of any
136 controversy or litigation including but not limited to, a suit in interpleader brought by you, in connection with or arising out of this escrow plus reasonable corn
137 pensation for time and expense in preparing for and/or attending court and you are hereby given a lien upon all rights titles and interest of each of the under
138 signed in all escrowed papers and other property or moneys deposited in this escrow to protect your rights and to indemnify and reimburse you hereunder
139 Whenever the context so requires the masculine gender includes the feminine and neuter the singular number includes the plural,and the plural number includes
140 the singular
141 All parties agree that as far as your rights and liabilities are involved, this transaction is an escrow and not any other legal relation and you a:e an escrow
142 holder only on the within expressed terms, and you shall have no responsibility of notifying any of the parties to this escrow of any sale, resale, loan exchange,
143 or other transaction involving any property herein described or of any profit realized by any person firm or corporation (broker, agent and parties to this and/or any
144 other escrow included) in connection therewith, regardless of the fact that such transactions) may be handled by you in this escrow or in another escrow
145 One or more of the brokers named herein are shareholders of Redlands Escrow Inc
146 These instructions may be executed in counterparts each of which so executed shall, irrespective of the date of its execution and delivery be deemed an original and
147 said counterparts together shall constitute one and the same instrument Any amended supplemental or additional instructions given shall be subject to the fore
148 going conditions and instructions
FaRht toz
REDLANDS ESCROW, INC ESCROW INSTRUCTIONS
306 EAST CITRUS AVENUE ESCROW NO .......; .._..-----. ....
REDLANDS CALIFORNIA DATE e�
PYramid 3 2939 Escrow Officer
1 I hand you herewith $-... .°... --, welt hand you $ "It
2 before._ _..41Mi ........................................................_._-...
3 and broker will hand you $............... •. " _..._._.__.
MEMO
4 for use of buyer in closing this escrow I have paid $_.... ` -- `-. :____.to Paid Outside of Escrow _ $..
.....................
5 ... ______________________ outside of escrow with which you Cash Through Escrow $ .......
6 are not to be concerned I will deliver to you instruments and additional funds Encumbrances of Record . _,
7 required, to enable you to comply with these instructions, which I authorize and New Encumbrances ... $.-.-.-.
8 instruct you to use and deliver provided that within me time hereinafter specified, .... .�`$..._...-"'�.. "` .-
9 instruments have been bled for record entitling you to procure a "'��� ;:
g Purchase Money Deed of Trust $__......__.._..
? a u
10 Policy of Title Insuranrf ...: Title Co $ _ .__ ...TOTAL CONSIDERATION
11 with a liability of$ . covering
12 pro•erly ria . 411,a1County, California, escribed as follows Lot.No Tract No .. .
.t o ff 3
13
15 as per map recorded in, Baok, Po a.. ,.-. of .....................Records of said County, showing
it'd is. ' Nth, ,) �¢ 3 d s ',A.
16 TITLE VESTED IN . _._ .__..._. .
17 ERmall, �...... ......
Ina `- i .
w s s , . m.. . ..... ...............
18 Properly Address:...._... i zad n "4bag
Y_. x ......-
g.
7.
19 SUBJECT TO: 1 .._.....
( } General and Special taxes for the fiscal ear 19..___ 19._--.
20 INCLUDING ANY SPECIAL DISTRICT LEVIES, FOR WHICH ARE INCLUDED THEREIN AND COLLECTED THEREWITH
21 12) Assessments and Bonds not delinquent, unpaid balance $................ and any personal property taxes of any former owner
22 13} Covenants, conditions, restrictions, reservations, rights, rights of way and easements of record, or in deed to file
23 . . . .__ .- . .
24 14) DEED OF TRUST, as per its terms now of record, unpaid principal balance of approximately ._..... . , the terms of which are known
25 to the parties hereto Obtain STATEMENT of unpaid principal and interest balances on Deeds of Trust now of record and if different from amounts
26 shown herein or if amount of NEW ENCUMBRANCE proceeds to be deposited herein are different from amount shown herein you are to keep
27, the t•t• c nsrderatron the same as shown herein by adjusting the CASH THROUGH ESCROW, unless instructed otherwise
dL Yid?.
28 15). ...... ....... ... RI EEs OF TRUST on your usual form, executed by VESTEES, and
29 securing note for $..... ..................... in favor of.................
30 dated............ ............. .... due (if straight note} on or before .... ..... .. ............_...............after date, wills interest at...............
31 per cent per annum, from......................... ... .................. ... •ayable... ........
32 principal and interest due and payable in installments of $.................. ...... OR MORE each on the...-__..._.........._........._....................day of every
34
38 - � *
�� �. ;h#-'i��� F'� s.= y��t� �. �Sa `�1¢ � - agar-lea ,`c?.� �' '" :•, C„on'64,72,
...
41
43 - •., _ _
:' f-� + , fie„' .. T ' .... _ ` �. ....___.
44 -r - ti — '$- . ar i •
> i' d (7 t g Ikartatm.
50 - - F -- x, gym.••.: � w' ...•--
52
53 . . , ..; a # --, 4:4-vtal, of at: - ...
54 ;`. .. : % Co° "'- 9, - � ..y t •
1.
55 4 •
v ,e •.-was�n; '�` t : ,; .. fi r` - '" • '".r" 74 4 fat
56 i` -•,w ,,: 4r • , . sga l ,. , �..
57 -•---.....
59 � �.ss �. _�• a
60 The fold r ,d• itn required in this escrow ADJUS I P L DS PRORATE taxes, ire insurance han ea you, rnteres an ren s, if
»................. .....
62 Credit interest on notes as paid to...__ _ m 4-r k''R__-..„.........................___ _. ;���'�_'...�`� ,a q.*r'�.�... if Deed of Trust drawn by this escrow holder
63 If you are unable to comply with these instructions on or prior to.................................................... ............ .... ..................you will comply as
64 soon thereafter as passible unless a written demand for return of money or instruments by a party to this escrow is received by you subsequent to
65 such date and prior to the recording of any instrument provided for herein
66 EACH PARTY SIGNING THESE INSTRUCTIONS HAS READ THE "ADDITIONAL ESCROW CONDITIONS AND INSTRUCTIONS" ON THE REVERSE
67 SIDE HEREOF AND APPROVES ACCEPTS AND AGREES TO BE BOUND THEREBY AS THOUGH THE REVERSE SIDE HEREOF APPEARED OVER
68 THEIR SIGNATURE
69 4T1EYAERIGNi:C1B7YERv AfmElWi;S' RF,CEIPTg A:CbPY CF .75!`.ESCROW INSTRUCTIONS
70X :a
' SV '-4;
Telephone Mailing Address
71 X
Signature of Telephone Maslrna Address
(Page Two)
72 THE FOREGOING INSTRUCTIONS ARE APPROVED, CONCURRED IN AND ACCEPTED IN THEIR ENTIRETY, and I will supply you with funds notes and
73 instruments required from me to enable you to comply with these instructions which you are authorized to use and deliver, provided you hold for my
74 account any instruments accruing to me and the sum of $... '"_44,r plus any adjustments due me and minus any adjustments due from me hereunder
75 I shall pay for USIR Stamps in the amount of $.. .21.0.0 which you shall affix to the Deed I execute
76 Pay all encumbrances necessary and obtain and record instruments to place title in the condition called for
gra
0 1 rota tar . c 4.- n. r ,. N+,, • ....' •; ^ ..c�. G.1. gin pt. kispar4 'mop***
't
nt•3+� I've t v
on ,t4?r 3 ... r, f $ ti 0 i, =rt t 1 4tll*
.�. .. ;.d ....;. .t .�. n..f�.Q� .,. ter»••. 1p _.��',', a t ; w w r
ra
trf
��.T rt t 4;�,a... �a ...F < J..I: ... .w` w. w i. i7 j r i:i6w alb I ,... �+ w 6 rr .c
p0' :770.L ;ram °;.,rt.)3 l ol s MI WAWA s C s,az 11ao 15 r y . _V Mta
ay commission o $. ..... ............ .... ... to �Y_..-. ... ...
78 Pay commission of $ ~ram to.... ..__ ......._•..... .
79 Pay commission of $......__.. ... to ........................
80 EACH PARTY SIGNING THESE INSTRUCTIONS HAS READ THE "ADDITIONAL ESCROW CONDITIONS AND INSTRUCTIONS AS SET FORTH HEREIN —
81 AND APPROVES ACCEPTS AND AGREES TO BE BOUND THEREBY
82 THE_UNDE ED LLER K OWLEDGES RECEIPT OF © OF THESE ESCROW INSTRUCTIONS
83 X r•
Signature of Telephone Mailing Address
84 X ili 41',V0 ilir,Mr,-NYEr.
,
Signature of Telephone Mailing Address
ADDITIONAL ESCROW CONDITIONS AND INSTRUCTIONS"
85 TO REDLANDS ESCROW INC
86 Unless otherwise provided, make all adtustments on basis of 30-day month based on latest available figures in case of taxes, assessments or bonds, principal
87 and interest on encumbrances of record based on statements by mortgages beneficiaries or holders of notes for collection interest on new encumbrances by endorse
88 ment on notes and rents on basis of statement presented into escrow by seller and approved by buyer and assume seller will collect all rents due prior to close of
89 escrow Assume that insurance premiums are paid and transfer on behalf of parties hereto any fire insurance policies handed you Forward such policies, upon close
90 of escrow, to agent with the request that insurer consent to such transfer or attach Loss Payable or Mortgagee s Clause or other additions or corrections and that
91 Agent thereafter forward such policies to parties entitled thereto
92 The expression 'close of escrow" if written in these instructions, shall mean the date first instrument is filed of record
93 You shall in no event be liable for forgeries or false personations in connection with these instructions, instruments of record or those handled in this escrow
94 You need make payment to or for or deliver documents to any party only if in your exclusive judgment such may be made without your incurring any liability
95 If any controversy arises between the parties hereto, or with any third person you shall not be required to determine the same or take any action but you may await
96 the settlement of any such controversy by final appropriate legal proceedings or otherwise as you may require and/o- file a suit in interpleader and obtain an order
97 from the court requiring the parties to interplead and litigate in court their several claims and rights among themselves notwithstanding anything in these printed or
98 typed instructions to the contrary In the event such interpleader suit is brought you shall ipso facto be fully released and discharged from all obligations to further
_99 perform any and all duties or_obligations imposed upon you in this escrow and the parties_jointly and severally agree to pay you all costs expenses and attorneys
100 fees expended or incurred by you, the amount thereof to be fixed and a judgment thereof to be rendered by the court in such suit In either e,ei•it;you shall not'"'
101 be liable for interest or damage
102 Whenever provision is made herein for the payment of any sum, the delivery of any instrument or the performance of any act "outside of escrow' the escrow
103 holder shall have no responsibility therefor and shall not be concerned therewith
104 You are to cause no examination or report to be made on state, county or city taxes, either real or personal or state corporation taxes for the year stated in
105 paragraph (1) line 19 on page one prior to date first installment payments are due and payable and you are to order no special tax report except as herein otherwise
106 specifically instructed You are to cause no examination of the title to personal property described herein unless specifically instructed herein
107 All monies received in this escrow by you shall be deposited in a bank in an "Escrow Funds' account with other escrow funds and all such monies received
108 in this and other escrows and deposited into the same "Escrow Funds account shall constitute one General Escrow Fund All disbursements shall be made to
109 parties in interest by your check, and checks and instruments will be mailed to one of the parties entitled thereto, if more than one, to address given Instruct
110 County Recorder to melt instruments in the same manner
11l In the event it may be necessary or proper to comply with the conditions and instructions of this escrow you are authorized to cause to be deposited during
112 the pendency of this escrow any funds or documents with any bank, building and loan association abstract company, title company or another escrow agency
113 licensed under the Escrow Act to be credited to your account upon recordation of the instruments required to be recorded to complete this escrow, said funds
114 and documents shall be deemed to have been received by you prior to recording, even though the funds or documents are in the possession of a bank building
115 and loan association, abstract company title company or licensed escrow agency
116 If the property involved in this escrow is included in escrow instructions with a bank building and loan association, abstract company title company or another
117 escrow agency licensed under the Escrow Act, then you are authorized to make such arrangements with such bank building and loan association abstract company,
118 title company or licensed escrow agency as to delivery to it of cash or instruments as will enable you to comply with the instructions in this escrow
119 Recordation of any instruments delivered through this escrow, if necessary or proper in the issuance of the policies of title or abstracts of title called for
120 is authorized, and in connection therewith, funds/or instruments received in this escrow may be delivered to or deposited into another escrow being handled
121 by you or deposited with any title or abstract company or another escrow agency licensed under the Escrow Act for the purpose of complying with the terms and
122 conditions of these escrow instructions
123 The parties to these escrow instructions authorize you to destroy these instructions and all other instruments and records in this escrow at any time after 5 years
124 from the date of these instructions
125 Order search of title Deliver title policy to parties entitled thereto Prepare documents for my signature
126 I as buyer and/or borrower, will pay on demand regardless of the consummation of this escrow, all charges and costs incurred by you for me as buyer and/or
127 borrower, including but not limited to fee for preparing instruments I should execute or have executed, fee for recording documents insurance endorsements, your
128 buyer's escrow fee and all other expenses and costs incurred as is in this escrow provided
129 I, as seller and/or lender, will pay on demand regardless of the consummation of this escrow all charges incurred by you for me as seller including but
130 not limited to title charge, fee for preparing instruments I should execute or have executed your seller's escrow fee fee for obtaining beneficiaries' statements and
131 demands, and insurance endorsements and all other expenses and costs incurred as in this escrow provided
132 Each person signing these instructions on the reverse side hereof authorizes you to deduct all their expenses in this escrow from funds due them
133 Each person signing these instructions on this side hereof authorizes you to deduct from their net proceeds in this escrow any amount they may owe
134 you in any other matter
135 The signing parties hereto jointly and severally agree to pay on demand all attorney's fees costs and damages suffered or incurred by you in case of any
136 controversy or litigation, including but not limited to a suit in interpleader brought by you in connection with or arising out of this escrow, plus reasonable com
137 pensation for time and expense in preparing for and/or attending court and you are hereby given a lien upon all rights titles and interest of each of the under
138 signed in all escrowed papers and other property or moneys deposited in this escrow, to protect your rights and to indemnify and reimburse you hereunder
139 Whenever the context so requires, the masculine gender includes the feminine and neuter the singular number includes the plural and the plural number includes
140 the singular
141 All parties agree that as far as your rights and liabilities are involved this transaction is an escrow and not any other legal relation and you are an escrow
142 holder only on the within expressed terms, and you shall have no responsibility of notifying any of the parties to this escrow of any sale resale loan, exchange
143 or other transaction involving any property herein described or of any profit realized by any person, firm or corporation (broker agent and parties to this and/or any
144 other escrow included) in connection therewith regardless of the fact that such transaction(s) may be handled by you in this escrow or in another escrow
145 One or more of the brokers named herein are shoreholders of Redlands Escrow Inc
146 These instructions may be executed in counterports each of which so executed shall irrespective of the date of its execution and delivery, be deemed an original and
147 said counterparts together shall constitute one and the same instrument Any amended supplemental or additional instructions given shall be subject to the fore
148 going conditions and instructions
FORM 102
REDLANDS ESCROW, INC.
306 EAST CITRUS AVENUE
REDLANDS, CALIFORNIA
PYramid 3-2939 Escrow No 146
STATEMENT OF ESCROW NO. 146
TO CITY OF REDLANDS, a 'municipal corporation DATE Nay 17, 1961
?ROPERTY 327 W. Citrus Ave.,--Sylvan Blvd. & Church St., Redlands CHARGES CREDITS
CONSIDERATION OR SALES PRICE 327 W. Citrus Avenue 10,000.00
r��.„.�.r�r.�:•.���.�f,,. " Sylvan and Church Street 10,000.00
Deposits May lls 1961 147.00
By First Trust Deed
By Second Trust Deed
POLICY OF TITLE INSURANCE Pioneer Title Insurance Co., 84.00
U S Internal Revenue Stamps 11.00
Recording Deed no fee
Recording Trust Deed
Recording
Taxes Paid
PRO RATIONS MADE AS OF
Taxes for one-half year $ paid to
Ins. Expiring Premium $
Interest on $ @ % paid to
Rent @ $ per me. paid to
Impounds
COMMISSION PAID TO
ESCROW FEE Re diands Escrow Inc., 50.00
Drawing Deed City of Redlands to Grayback Council Inc. 2.00
Drawing Trust Deed
Drawing
RECONVEYANCE FEE
Insurance Increase
PRINCIPAL OF ENCUMBRANCE PAID TO
Interest @ % from to
Prepayment charg-rs
Loan Assumption Fee
NEW LOAN CHARGES, COSTS AND IMPOUNDS
Loan Escrow Fee
Transfer of Water Stock
Water Bills or Assessment'
Balance due you for which our check is enclosed
TOTALS - $ 10,147.00 $10.147.00
FORM 117
REDLANDS ESCROW, INC
306 EAST CITRUS AVENUE
REDLANDS CALIFORNIA
PYramid 3 2939
P 0. Box 6
City of Redlands
City Hall
Redlands, California
Attention: Mr. Pete Merritt Our Escrow No 146
In connection with the above numbered escrow we enclose the following
( ) Policy of Title Insurance No
( ) To hold with your loan
( ) Fire Insurance Policies
$ Company, expires
$ Company, expires
$ Company, expires
$— Company, expires
( ) Water Stock Certificate No for shares of the
(x) Grant Deed Title Insurance and Trust Company to City of Redlands, recorded
May 16, 1961 in book 5431 page 125 official records of San Bernardino County.
We thank you for this opportunity to serve you and hope that we may be of further
assistance to you and your friends
Very truly yours,
REDLANDS ESCROW, INC.
SIR )r//22�
Escrow Officer
FORM 120
REDLANDS ESCROW, INC
306 EAST CITRUS AVENUE
REDLANDS CALIFORNIA
PYRAMID 3 2939
P.O. Box 6
February 10, 1961
Escrow No. 1l6
City of Redlands
City Hall
Redlands, California
Attention. Mr. Pete Merritt
Dear Mr. Merritt:
Enclosed are the exchange escrow instructions in duplicate
covering the property being exchanged in our above numbered escrow.
If these instructions are now in order and meet with your ap-
proval will you please have Mr. workman sign on the original and return
it to this office retaining the copy for your files.
Also enclosed is a Corporation Grant Deed to be signed by the
authorized signature of the City of Redlands in the presence of a notary
obtaining said Notary's acknowledgement on the space provided thereon.
Upon completion of the signatures on these instruments please
return to this office together with the Certificate of Acceptance.
Sincerely yours,
ry
474-4.1as.,X @e ki
L ora K. McCluskey 0
Manager
LKM/cg
Enclosures (5)
PT„Ai POLICY PTii.t,
OF
TITLE INSURANCE
PIONEER PIONEER
TITLE TITLE
INSURANCE INSURANCE
COMPANY COMPANY
SAN BERNARDINO COUNTY :iPr A < ,i 4} ��;
340 Fourth Street, San Bernardino, California -I.�'�''- firs;
Phone TUrner 9-3511 '.. "� -' `n - -
ISSUES POLICIES OF
RIVERSIDE COUNTY
Riverside Title Division
TITLE INSURANCE
3490 Tenth Street, Riverside, California
Phone OVerland 6-4180 AND
IMPERIAL COUNTY
OPERATES UNDER
600 Main Street, El Centro, California
Phone ELgin 2-4661
SUPERVISION of
Subsidiary of
TITLE INSURANCE AND TRUST COMPANY PIONEER TITLE INSURANCE COMPANY STATE INSURANCE
LOS ANGELES, CALIFORNIA
340 Fourth Street San Bernardino,California
America s Largest Title Insurance Company Phone TUrner 9-3511
DEPARTMENT
Southern California s Oldest Trust Company
I.-
P2i 4.60
California Land Title Association
Standard Coverage Policy Form
Copyright 1960
POLICY OF TITLE INSURANCE
ISSUED BY
PIONEER TITLE INSURANCE COMPANY
and
TITLE INSURANCE AND TRUST COMPANY
PIONEER TITLE INSURANCE COMPANY, a California corporation, and TITLE INSURANCE
AND TRUST COMPANY, a California corporation, together herein called the Company, for a valu
able consideration paid for this policy of title insurance, the number, date, and amount of which are
shown in Schedule A, do hereby insure the parties named as Insured in Schedule A, the heirs, devisees,
personal representatives of such Insured, or if a corporation, its successors by dissolution, merger or
consolidation, against direct loss or damage not exceeding the amount stated in Schedule A, together
with costs, attorneys' fees and expenses which the-Company may be 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 or referred to in Schedule C, existing at the date
hereof, not shown or referred to in Schedule B or excluded from coverage in
Schedule B or in the Conditions and Stipulations, or
2 Unmarketability of such title, or
3 Any defect in the execution of any mortgage or deed of trust shown in Schedule B
securing an indebtedness, the owner of which is named as an Insured in this
policy, but only insofar as such defect affects the lien or charge of such mortgage
or deed of trust upon the estate or interest covered hereby, or
4 Priority, at the date hereof, over any such mortgage or deed of trust, of any
encumbrance upon such estate or interest, except as shown in Schedule B, such
mortgage or deed of trust being there shown in the order of its priority,
all subject, however, to the Conditions and Stipulations hereto annexed, which Conditions and
Stipulations, together with Schedules A, B and C, are hereby made a part of this policy
In Witness Tr/hereof, the companies have caused their corporate names and seals to be hereunto affixed
by their duly authorized officers on the date shown in Schedule A
TITLE INSURANCE AND TRUST COMPANY PIONEER TITLE INSURANCE COMPANY
by by
PRESIDENT q PRESIDENT
•
Attest
Secretary of Pioneer Title Insurance Company and
Ass t Secretary of Title Insurance and Trust Company
If
P21 A-B 4 60
California Land Title Association
Standard Coverage Policy Form
Copyright 1960 SCHEDULE A
Effective May 16, 1961, Fee $ 84 00
Amount $10, 000.00 Date at 8. 00 a .m. Policy No 422220
INSURED
CITY OF REDLANDS
a Municipal corporation
1 Title to the estate or interest covered by this policy at the date hereof is vested in
CITY OF REDLANDS
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 oi assessments winch are not shown as existing hens by the records of any taxing authority that
levies taxes or assessments on real property or by the public records
2 Any facts, rights, interests, or claims which are not shown by the public records but which could be
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 oi any other facts which a
correct survey would disclose, and which are not shown by tie 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
P2111 Cent 4 60
California Land Title Association
Standard Coverage Policy Form SCHEDULE B—(Contznued)
Copyright 1960
PART II
1. General and special taxes for the fiscal year 1961-62
now a lien but not yet payable.
2 . Right of way free of cost or damages for the purpose of
making, laying, repairing, andimproving all irrigating ditches
or pipes that may be required as granted by Edward G Judson
and Frank E . Brown, to Redlands Water Co. , a corporation, by
Deed dated May 2 , 1882 , and recorded in Book 29 of Deeds , page
65, records of said County
P21C 9 56
California Land Title Association
Standard Coverage Policy Form SCHEDULE C
Copyright 1960
The land referred to in this policy is described as follows
PARCEL NO. 1- -
That portion of Lot 7, STONE' S SUBDIVISION, in the City of
Redlands, County of San Bernardino, State of California, as
per plat recorded in Book 5 of Maps , page 37, records of said
County, described as follows:
BEGINNING at the Northerly corner on the Easterly line of Lot
1, Block "C" , Peller, Pratt and Kendall Subdivision; thence
along the East line of Lot 1, 97. 1 feet; thence North 15° 3 '
East 88 . 3 feet to First Street, thence North 62° 47' Westerly
on the Southwesterly line of First Street, 25 .83 feet to the
point of beginning
PARCEL NO . 2 --
Lot 1, Block "C" , PELLER, PRATT AND KENDALL SUBDIVISION, in
the City of Redlands, County of San Bernardino, State of
California, as per platrecorded in Book 5 of Maps , page 22 ,
records of said County.
EXCEPT the following
BEGINNING at the Northeast corner of said Lot; thence South
along the East line 26 70 feet; thence Northwesterly 53 97
feet to the point on the North line of said Lot, thence along
said North line Easterly 46.90 feet to the point of beginning
7-
lh
0
lu21ad60 CONDITIONS AND STIPULATIONS
California Land Title Association
Standard Covoropm Policy Form Copyright 1960 (Includes those in the
American Title Association Owner's Additional Coverage Policy)
I DEFINITION OF TERMS (d) In all caeca where this policy permits or re nest secured by a mortgage or deed of trust shown in
The following terms when used in this policy mean• quires the Company to prosecute or provide for the Schedule B unless such Insured acquires title to said
(a) land : the land described specifically or by defence of any action or proceeding, the Insured shall land in satisfaction of maid indebtedness or any part
reference, in Schedule C and improvements affixed secure to it the right to so prosecute or provide de the eof
thereto which by law constitute real property fetter in such action or proceeding and ail appeals
(b) public records" those records which impart therein and permit it to use at its option, the name S COINSURANCE AND APPORTIONMENT
constructive notice of matters rei ring to said land of the Insured for such purpose Whenever requested
(a(e) knowledge' actual knowledge not construe by the Company the Insured shall give the Com anyIn file event that a partial loss occurs after
P an alteration or improvement subsequent to the date
live knowledge or notice which may be imputed to the all assistance in any such action or proceeding in of this policy and only in that event the Insured
Insured by reason of any public records effecting settlement securing evidence obtaining wit
(d) date . the effective date and ne:sses or p osccuting or defending ouch action or become
t ea
coinsurer to the extent hereinafter set forth
(e) the insured" if a named Insured is the owner proceeding and the Company shall reimburae the If the cost of the alteration or improvement ex
of the indebtedness-secured by a mortgage or deed of Insured for any expense an incurred reeds twenty per centum of the amount of this policy
trust shown in Schedule B then in addition to the such proportion only of any partial loss established
parties named as Insured or referred to as the In4 shall be borne by the Company as one hundred twenty
sured lie in "the Insu d shall inclade (1) each NOTICE OF LOSS--LIMITATION OF ACTION per centum of the •iniount of this policy hears to the
successor in ownership of such indebtedness (2) any In addition to the noticea required under paragraph sum of the amount of this policy and the amount
such owner or successor in ownership of any such 3(b),a statement in writing of any loss or damage for evpended for the alteration or improvement The fore
indebtedness who scrod c the land described in which it is claimed the Company is liable under this going provisions shall not apply to costa and actor
Schedule C or any part thereof by lawful moons in policy shall be furnished to the. Company within sixty neys feel in tie ed by the Cornpany in prosecuting or
satisfaction of said indebtedness or any part thereof days after ouch loss or damage shall have been deter providing for the defense of actions or proceedings in
and (3) any go criu canal agency or instrumentality mined and no right of action skull accrue 30 the behalf of the Insured pursuant to the terms of thin
acquiring said land under an insurance contract or Inaured under thin policy until thirty days after ouch policy or to costs imposed on the Insured in such
guarantee insuring or guaranteeing said indebtedness statement shall have been furnished and no recovery actions or proceedings and shall not apply t loss
or any part thereof shall be had by the Insured under this policy unless which do not exceed in rho aggregate an amount
2 EXCLUSIONS FROM THE COVERAGE OF TlIlS action shall be commenced thereon within one year equal to one per centum of the face amount of this
after expiration of said thirty day period Failure to policy
POLICY furnish ouch statement of lona or damage or to corn Provided however, that the foregoing coinsurance
This policy does not in against loss or damage teener such action within rite time hereinbefore speci provisions shall not apply to any loss if at the time
by a o of the following: Pied, °hall be a conclusive bar against maintenance by of she occurrence of such loss the then value of the
(a) Any law ordinance or governmental regulation the Insured of any action under this policy premises as is 'mpro ed does not exceed the amount
(ineladint, but not limited to building and zoning of this policy and provided further that the foregoing
ordinane ) estrictmg, regulating or prohibiting the 5 OPTION TO PAY, SETTLE OR COMPROMISE coinsurance provisions shall not apply to an insured
occupancy use or enjoyment of the hand,or the eller CLAIMS owner of an indebtedness secured by a mortgage or
aster dimensions or location of any improvement now deed of trust shown in Schedule B p for to acquisition
or hereafter erected on said land or prohibitinga (a) The Company reserves the option to pay set
of title to said land in satisfaction of said indebted
reduction in the dimensions area or sepa atiou 'n flu or compromise for or in the name of the Ensured mesa or
or any part thereof
ownership of any lot or parcel of land toy claim insured against or to pay the full amount of lb) If the land described or referred to in Seised
(b) Governmental rights of police power or emi this policy and such payment or tender of payment, ale C is divisible into separate and noncontiguous
neat domain mikes notice of judicial action to xe together with all accrued costs which the Company is parcels or if contiguous and such parcels are not
else suer rights appears in the public records at the obligated hereunder to pay shall terminate ail liability used as one single site and a lofts is e,tnhhahed affect
date hereof of the Company hereunder ing one or more of said parcels but not all, the lone
lc) Title to any property beyond rite lines of the (b) In case loss is claimed under this policy by shall he computed and settled on o
premises expressly described in Schedule C or title to an insured owner on an indebtedness secured by a an pro rdiv basis as
ro
t et roads avenues, lanes or ways on which such mortgage or deed of trout the Company at its option ifthe toe te amount of this date policyf t was divided each
premises abut or the right to maintain therein vaultrapa as to the valuedeon tre o of whole,this policy exclusive ve
tunnels ramps or any other structure or improvement may pay such Insured an all Coats
equal to such in s pony independent parcelb the t dateof
deLtednesa together with eosin which the Company of any improvements made ouhsequent to the of or any rights or easements. therein unless this policy is obligated hereunder to pay, in vhieli ease the
specifically provides that such property rights or easebeenees policy, unless a liabilityeor value has otherwise
MOM are insured, except that if the. premises abut mortgageored shall assignand trust and
to the Company saidse and t upon as to elide such parcelfthe issuance the Cam
npoi physically open street or highway this policy or deed of tire iIIteteinatoiese allc pany and the Insured aty the trees iof
n
insures the ordinary rights of abutting owners for a d flier by arid u h payment sly ll tc tins;e this policy and shown by an express statement herein
access thereto unless restricted by governmental cells liability of the Company hereunder ae to such Insured or by an endorsement attached hereto
tenon o otherwise excepted or excluded herein
(d) Defects liens, encumbrances adverse claims 6 PAYMENT OF LOSS 9 SUBROGATION UPON PAYMENT OR
against the title as insured or other matters (I) ere (a) The liability of the Company under this SETTLEMENT
used suffered,assumed or agreed to by the Insured or policy shall in no case exceed, in all, the direct loss Whenever the Company shall have settled a claim
(2) known to the. Inaured chimer at th € to of this of the Insured and coats and attorneys Ices which under this policy,all right of subrogation shall vest in
policy or at the date such Inmirrd acquired an estate the Company may be obligated hereunder to pay the Company unaffected by any act of the Inaured
or interest insured hy this policy and not shown by (b) The Company will pay in addition to any loss and it shall be subrogatod to and be entitled to all
the public records unless disclosure thereof n w sting mitered against by this policy all costa imposed upon
ad
by the Insured shall have been made to the Company the Insured in litigation carried on by the Company againsta s and personenor which the Insured would have ueb
prio to the date of this policy,or (3) resalt€iiy in no for the Insured, and all costs and attorneys fees in any lior property a respect th to such
direct loss to the Insured or (4) attaching o c cater' litigation carried on by the Insured with the written claim had this policy not been Ensued If the paymenty
subsequent to the date hereof does mot cover the lots of the Insured the Company
authorization of the Company shall he subrogated to ouch rights le) Lose or damage which would not have been €a ag ie and the am in the
sustaimcd if the Insured were a hang fide purchase o (c) No this
for dam gas alrafl arise or be main proportion which said payment bears to the amount of
encumbrancer for value tamable under ilns policy (1) if the Company after said loss If loss should result from any act of the
having received notice of an alleged defect lien or Insured, such act shall not void this policy but the
3 DEFENSE AND PROSECUTION OF ACTIONS— encumbrance not excepted or excluded herein reinsure Company in that event shall be required to pay only
NOTICE Of' CLAIM TO BE GIVEN BY THE s elm defect lien or one b mice ithin a easonahle that part of any louses insured against hereunder
INSURED time after receipt of such notice or (2) for liability which shall exceed the amount, if any, lost to the
voluntarily assumed by the Insured in nettling any Company by reason of the impairment of the right of
ta) the Company at its own cost and without claim or suit without written consent of the Company, subrogation The Insured if requested bythe Corn
undue delay shallg q
f provide for this defines of the or (3) in the event the title is rejected as rinmarkrt pany, shall transfer to the Company all tights and
fissured An all litigation consisting of actions or pro able because of a defect lien or encumbrance not remedies against any person or property necessary in
cecdinys commenced against the Insured which hogs excepted or excluded in this policy until there has order to perfect such right of aubrogation and shall
Iron is founded upon a defect lien or encumbrance been a final determination by a court of competent permit the Company to use the name of the Inaured
insured against by this policy and may oiursuc such jurisdiction sumac ning such rejection in any transaction or litigation involving such rights
litigation to final determination in the r urt of last d) Allpayments under this policyexcept a
recurs
( P pay or remedies
(b) In case any ouch action or proceeding shall mints made for casts attorneys fees and expenses
be began or in case knowledge shall come to this shall reduce the ',tan at of the in uranee pro tante 10 POLICY ENTIRE CONTRACT
Insured of any claim of title or interest adverse to the and es payment shall be made without producing this All actions or rrocecdin a a arnst the Company
title.is insured, or which might cause lass or damage policy for coder-,esivoi of such payment unless the must be based on[the. rovisiona of this policypins
for srIiicli file Company shall n may be liable by policy Inc lost or destroyed in which case proof of P Any
virtue ofeh the, policy or in the evens tire. title is itch la or Ieatractian shall he fu niched to the other action or actions or rights of action that the
rejected as unmarketable by one who has leased or ha° satisfaction of the Company provided hosvrver if Insured may have or may bring against the Company
coot r[ed to the owner of .m amdcbte<Incra secured by a mortgage eh all be die led to have merged in this policy and to
purchase lease or lend money ou the or deed of trust shoe be restricted to its terms and conditions
/and described in Schedule C hereof the I aced .n in Schedule B is an Insured
shall nt once notifythe Company theirs€ in writing herein then such payments shall not reduce pro toots
Na provision or condition of this policy can be
b the amount of Iho insurance afforded hereunder ao to waived or changed except by writing endorsed itcreon
If such notice shall not be given to the Company ,ticks hisured e..eep[ torite extent that such payments of attached hereto align d by the President, a Vice
within ten days of the receipt of process or pleadings reduce the ainuu nt ai the indebted neaa secured by President the Secretary an Assistant Secretary or
or if the Ensured shall not in writing promptly rattlysuch neonfalls or ,icesh of trust other validating officer of the Company The Company
the Company of any defect lien or encumbrance in may take anyappropriate action under the terms of
smell spots vs which shall come to the knowledge of InI Then liability has hero definitely fixed in t
the Insured or if the In tired shall not m wriuu t, accordance with tilt cmdilions of this policy the loan his policy whether or not it shall be liable there
promptlyCompany ) E I i S,e' hall he payable within thirty days there fairy andcarousal provision thereby concede liability or waive
notifythe of any such rejection bysitter
reason of ehmnkel unmarketability of the title then all
liability of the Company in regard to the subject mat 7 LIABILITY NONCUMULATIVE 11 NOTICES, WHERE SENT
for of such action proceeding ei matter hall cease
and terminate provided however that failure to It is expressly understood that the amount of this All notices required to be given the Company and
notify shall in no CA A' pre[udice the claim of any praises is reduced by any amount the Company may any statement in writing required to be furnished the
In is ed unless the Company shall be netually preju pay sander any pokey insuring the validity or priority Company shall be addressed to 't at the office winch
diced by each failure and then only to she extent of of any mortgage or demi of trust shown o refer ed to issued this policy
such prejudice in Schedule It hereof or any mortgage or deed of trust
lc I The Company aliali have the eight et its own hereafter ceccuted he the Insured which is a charge 12 THE FEE SPECIFIED IN SCHEDULE A OF THIS
cost to 'n titute and prosecute any action or proceed or lien on the hind described or referred to en Scheel POLICY IS THE TOTAL PEE FOR TITLE
ing or do any other act wdneh in its opinion may be oh. C The provisions of this paragraph numbered 7 SEARCH AND EXAMINATION AND FOR
necessary or desirable to establish the title as insured ..hall not apply to tin Insured oversee of an indebted TITLE INSURANCE
p L, A_ T .
.I
I ,
Showing the ti act of land described in Title Policy No
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iht+I lac s ha coshed for ntformuton only It compiled Iron data .h. h v., I, I , r. b.
aec u ra le but no It 1 t It' is as anmc
cd h� chid Cocompan• to the co,rtn „r of a It 1 t
E._ a,pr..,.:,is Ct 'IF. i^ISI'PANCE.wis Imo ci s i A: