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HomeMy WebLinkAboutDeeds & Easements-6-76 RDA_CCv0001.pdf saga -:x-rs IMPORTANT NOTICE If your escrow closed between March 1st and Movewber 1st, your tax bill may be mailed to the previous owner. If you have not received your tax bill by November loth, contact: THE SAN BERNARDINO COUNTY TAX COLLECTOR Hall of Records 172 West 3rd Street, San Bernardino, California 92401 Your request should contain the legal description of your parcel of property as is indicated in our Title Policy. TITLE INSURANCE AND TRUST "0 Mua W s; •SM MGMAINNa cA-ss.os..rea.ssrs ATKM COMPAW r x € TITLE INSURANCE AND TRUST ={ A'nCOR COMPANY Policy of Me Insurance jtf#j yzs �tg�Ft �ss SUBJECT TO SCHEDULE B AND THE CONDITIONS AND STIPULATIONS HEREOF,TITLE INSURANCE AND TRUST COMPANY, a California corporation, herein called the Company, insures the insured, as of Gate of Policy shown in Schedule A, against loss or damage, not exceeding the amount of insurance stated in Schedule A, and '# s costs, attorneys' fees and expenses which the Company may become obligated to pay hereunder, sustained or f incurred by said Insured by reason of: £4 �i j t, Title to the estate or interest described in Schedule A being vested other than as stated therein; yet �I 2. Any defect in or lien or encumbrance on such title; 3. Unmarketability of such title;or kx 4. Any lack of the ordinary right of an abutting owner for access to at Least one physically open street or highway if � the land,in fact,abuts upon one or more such streets or highways; { and in addition,as to an insured lender only; 5. Invalidity of the lien of the insured mortgage upon said estate or interest except to the extent that such invalidity, or claim thereof, arises out of the transaction evidenced by the insured mortgage and is based upon a. usury,or b. any consumer credit protection or truth intending law', 6. Priority of any lien or encumbrance over the lien of the insured mortgage, said mortgage being shown in Schedule B in the order of its priority;or 7. Invalidity of any assignment of the insured mortgage, provided such assignment is shown in Schedule B. Title Insurance T"6&06# Wpny by � esident Ck Copy of Policy ; , No additional iI 'isif t 's tithed ;, TO 17 TITLE INSURANCE AND TRUST 340 FOURTH STREET-P.O. BOX 921 -SAN BERNARDINO,CALIFORNIA 92403-(714)855-9975 A TiCOR COMPANY JOHN J' BUTL-ER VICE PRESIDENT AND MANAGER NOTE The information below is very important to your future real estate transactions. Read it and retain this letter with your of e va ua e papers re ating to this property. This Policy of Title Insurance is your guarantee of ownership for the new home or other real estate which you have purchased. Title Insurance and Trust Company realizes that its customers want prompt and efficient processing of their transactions. It is for that reason that the number shown below has been assigned to your account in our title plant . . . . to assure that there will be prompt handling of your future title orders involving this property. If you sell or obtain a loan on this property within two years, Title Insurance and Trust Company will reduce the Usual Policy Rate 20 per cent. To be certain that this savings is obtained, you s ould request your escrow officer to forward this letter to us with the title order. We want you to know that we're glad that we had the opportunity to be of service to you in this transaction. urs very truly, e Vice P ident a d Manager �4 JJB:mj A Insurance Policy No, 4-1 Schedule B Part l 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies (jh taxes or assessments on real property or by the public records. Proceedings by a public agency which may result in taxes or assessments,or notices of such proceedings,whether t& or not shown by the records of such agency 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 the land or by making inquiry of persons in possession thereof. `rt z 3. Easements,liens or encumbrances,or claims thereof,which are not shown by the public records. s�r} 3 4. Discrepancies,conflicts in boundary lines,shortage in area,encroachments,or any other facts which a correct survey would disclose,and which are not shown by the public records. 5. (a)Unpatented mining claims,(b)reservations or exceptions in patents or in Acts authorizing the issuance thereof;(c)water rights,claims or title to water. 6. Any right,title,interest,estate or easement inland beyond the lines of the area specifically described or referred to in Schedule C,or in abutting streets,roads,avenues,aileys,lanes,ways or waterways,but nothing in this paragraph shall modify or limit the extent to which the ordinary right of an abutting owner for access to a physically open street or highway is insured by this policy. it 7. Any law,ordinance or governmental regulation(including but not limited to building and zoning ordinances) restricting or regulating or prohibiting the occupancy,use or enjoyment of the land,or regulating the character, dimensions or location of any improvement now or hereafter erected on the land,or prohibiting a separation in t% ownership or a reduction in the dimensions or area of the land,or the effect of any violation of any such law, M ordinance or governmental regulation & Rights of eminent domain or governmental rights of police power unless notice of the exercise of such rights appears in the public records. 9. Defects,liens,encumbrances,adverse claims,or other matters(a)created,suffered,assumed or agreed to by the insured claimant;(b)not shown by the public records and not otherwise excluded from coverage but known to 3' the Insured claimant either at Date of Policy or at the date such claimant acquired an estate or interest insured by this policy or acquired the insured mortgage and not disclosed in writing by the insured claimant to the Company prior to the date such insured claimant became an insured hereunder;(c)resulting in no loss or damage to the insured claimant;(d)attaching or created subsequent to Date of Policy;or(a)resulting in loss or damage which x would not have been sustained if the insured claimant had been a purchaser or encumbrancer for value without knowledge. 10. Any facts, rights,interests or claims which are not shown by the public records but which could be ascertained by making inquiry of the lessors in the lease or leases described or referred to in Schedule A. 1t. The effect of any failure to comply with the terms,covenants and conditions of the lease or leases described or referred to In Schedule A. Conditions and Stipulations I Definition of Terms gmthd Pn paragraph 2(a}of these Conditions and Sholliatifms. 7 ri c following terms when used it,11Ns policy mean; (b)"Insured c lonant:an insiured claiming lass crdamaga {a} o,,,hosi' the insured named in sithodu,e A,and,subject to hereunder. any ughts or demnses the t ornpany n,ay have had against the fe)"insured icnde€":life owner of an Insured mortgage. nameto insured,those who W lf,'C aed fin the interest of such insured by (d)"insured mortgage":a mortgage shown in Schedule 6,the 1 opadilti fr of iaw as drsengusstreff frown Purchase Including,but net owner of which,s named as an insured in Schedule A. 11 niteLEto,hairs,dis hmitaes,devissos,survivors.pert o tai repre- {e.}"keow9edgo"school knowledge not constructive knowledge snr,4ative.S,held of kiss,or Corporate Or HducfatY sucd$ssom-The Cr notice which may be imputed loan insured by reason of any leen lrZm also,nc9udes t,)the uvida r of the indebtedness p bt,,r mccrds. { ser:used by Ire nlun ad oto d age and reach successor in ownership of {i)'iadb the land described sped#+catty or by referenCca,n l n debtedre?s lioSr rroncf na,,wever,all rights and defenses as to ocneduie C,and immravemenc;affixed therein Which by law con- any Udf2^t a t suer wnc nc utrws the in<tebtednsss by operation of ,rtobi heat property,provided,however,the tern,"land'does not law as dt s—bed in the that sentemse of ibis subparagraph(a)that ^clude any area excluded by Paragraph bio.e of Par.I of Schedule ,he Company would have had against the sseneossor's transferor), - a of this Policy, and further includes fit)any governmental agency or instrumentality (g)`mortgage'':mortgage,deed of eost,trust deed,or other wNch is an insurer or flus rantcir under an insurance contract or guar- s cuuty instrarsent. anty Insuring or guaranteeing said indebtedness.or any part thereof. in) poluM records those,¢,cords which by law imoart cpm whether named as an srso,ed herein or mit,and Iiit7 the parties der roi u6tivu notice of,natters slating to the land. (CONDITIONS+AND S'r1PULAT 1ONS ConununC on the i—as of the last caveat Tr4.Po,tn) 1 (CONDITIONS AND STIPULATIONS Continued From Reverse Side of Policy Face) 2. Continuation of Insurance after Acquisition of Title by ecuting or defending such action or proceeding,and(2)in any other act which in the opinion of the Company may be necessary or If this insured Lender icy insures the owner of the indebtedness secured by the desirable to establish the title to the estate or interest or the lien of pol insured mortgage,this policy shall continue in force as of Date of the insured mortgage,as insured,including but not limited to Policy in favor of such insured who acquires all or any part of said executing corrective or other documents, estate or interest in the land described in Schedule C by foreclosure, 4. Proof of Loss or Damage—Limitation of Action trustee's sale,conveyance in lieu of foreclosure,or other legal man- In addition to the notices required under Paragraph 3(b)of these e lien of the insured mortgage,and if such ner which discharges the Conditions and Stipulations,a proof of loss or damage,signed and insured is a corporation,its transferee of the estate or interest so sworn to by the insured claimant shall be furnished to the Company parent or wholly owned acquired,provided the transferee is the within 90 days after the insured claimant shall ascertain or deter- iii subsidiary of such insured;and in favor of any governmental agency or instrumentality which acquires all or any part of the estate or mine the facts giving rise to such loss or damage.Such proof of loss or damage shall describe the defect in,or lien or encumbrance on interest pursuant to a contract of insurance or guaranty insuring or the title,or other matter insured against by this policy which con- guaranteeing the indebtedness secured by the insured mortgage. stitutes the basis of loss or damage,and,when appropriate,state the After any such acquisition the amount of insurance hereunder, basis of calculating the amount of such loss or damage. exclusive of costs,attorneys'fees and expenses which the Company may be obligated to pay,shall not exceed the least of: Should such proof of loss or damage fail to state facts sufficient to (1) the amount of insurance stated in Schedule A; enable the Company to determine its liability hereunder,insured (it)the amount of the unpaid principal of the indebtedness plus claimant,at the written request of the Company,shall furnish such interest thereon,as determined under paragraph 6(a) (III)hereof, additional information as may reasonably be necessary to make such expenses of foreclosure and amounts advanced to protect the lien of determination. IN the insured mortgage and secured by said insured mortgage at the No right of action shall accrue to insured claimant until 30 days time of acquisition of such estate or interest in the land;or after such proof of loss or damage shall have been furnished. (ill)the amount paid by any governmental agency or instrumentality, if such agency or instrumentality is the insured claimant,in Failure to furnish such proof of loss or damage shall terminate any acquisition of such estate or interest in satisfaction of its I insurance liability of the Company under this policy as to such loss or damage, contract or guaranty. S. Options to Pay or Otherwise Settle Claims and Options to (b.)Continuation of Insurance After Conveyance of Title Purchase Indebtedness The coverage of this policy shall continue in force as of Date of The Company shall have the option to pay or otherwise settle for or Policy,in favor of an insured so long as such insured retains an in the name of an insured claimant any claim insured against,or to estate or interest in the land,or owns an indebtedness secured by a terminate all liability and obligations of the Company hereunder by purchase money mortgage given by a purchaser from such insured, paying or tendering payment of the amount of insurance under this or so long as such insured shall have liability by reason of covenants policy together with any costs,attorneys'fees and expenses of warranty made by such insured in any transfer or conveyance of incurred up to the time of such payment or tender of payment by such estate or interest;provided,however,this policy shall not the insured claimant and authorized by the Company. In case loss or continue in force in favor of any purchaser from such insured of damage is claimed under this policy by the owner of the indebted- either said estate or interest or the indebtedness secured by a ness secured by the insured mortgage,the Company shall have the purchase money mortgage given to such insured. further option to purchase such indebtedness for the amount owing 3. Defense and Prosecution of Actions—Notice of Claim to be thereon together with all costs,attorneys'fees and expenses which Given by an Insured Claimant the Company is obligated hereunder to pay.If the Company offers to purchase said indebtedness as herein provided,the owner of such (a.)The Company,at its own cost and without undue delay,shall indebtedness shall transfer and assign said indebtedness and the provide for the defense of an insured in litigation to the extent that mortgage and any collateral securing the same to the Company upon such litigation involves an alleged defect,lien,encumbrance or other payment therefor as herein provided.Upon such offer being made matter insured against by this policy. by the Company,all liability and obligations of the Company here- (b.)The insured shall notify the Company promptly in writing(i)in under to the owner of the indebtedness secured by said insured case of any litigation as set forth in(a)above, (H)in case knowledge mortgage,other than the obligation to purchase said indebtedness shall come to an insured hereunder of any claim of title or interest pursuant to this paragraph,are terminated. which is adverse to the title to the estate or interest or the lien of the insured mortgage,as insured,and which might cause loss or 6. Determination and Payment of Loss damage for which the Company may be liable by virtue of this (a.)The liability of the Company under this policy shall in no case policy,or(Ili)if title to the estate or interest or the lien of the exceed the least of: insured mortgage,as insured,is rejected as unmarketable.If such (I)the actual loss of the insured claimant;or prompt notice shall not be given to the Company,then as to such (it)the amount of insurance stated in Schedule A,or,if applicable, insured all liability of the Company shall cease and terminate in the amount of insurance as defined in paragraph 2(a)hereof;or regard to the matter or matters for which such prompt notice is (iii)if this policy insures the owneit of the indebtedness secured by required:provided,however,that failure to notify shall in no case the insured mortgage,and provided said owner is the insured claim- prejudice the rights of any such insured under this policy unless the ant,the amount of the unpaid prin,cipal of said'indebtedness,plus Company shall be prejudiced by such failure and then only to the interest thereon,,provided such amount shall not include any addi- extent of such prejudice, tional principal indebtedness created subsequent to Date of Policy, (c)The Company shall have the right at its own cost to institute except as to amounts advanced to protect the lien of the insured and without undue delay prosecute any action or proceeding or to mortgage and secured thereby. do any other act which in its opinion may be necessary or desirable (b.)The Company will pay, in addition to any loss insured against to establish the title to the estate or interest or the lien of the by this policy,all costs imposed upon an insured in litigation carried insured mortgage,as insured;and the Company may take any appro- on by the Company for such insured,and all costs,attorneys'fees priate action,whether or not it shall be liable under the terms of and expenses in litigation carried on by such insured with the this policy,and shall not thereby concede liability or waive any written authorization of the Company. provision of this policy, (c)When the amount of loss or damage has been definitely fixed in (d.)Whenever the Company shall have brought any action or inter- accordance with the conditions of this policy,the loss or damage posed a defense as required or permitted by the provisions of this shall be payable within 30 days thereafter. policy,the Company may pursue any such litigation to final deter- mination by a court of competent jurisdiction and expressly reserves 7. Limitation of Liability the right,in its sole discretion,to appeal from any adverse judgment No claim shall arise or be maintainable under this policy(a)if the or order. Company,after having received notice of an alleged defect,lien or (a.)In all cases where this policy permits or requires the Company encumbrance insured against hereunder,.by litigation or otherwise, to prosecute or provide for the defense of any action or proceeding, removes such defect,lien or encumbrance or establishes the title,or the insured hereunder shall secure to the Company the right to so the lien of the insured mortgage,as insured,within a reasonable prosecute or provide defense in such action or proceeding,and all time after receipt of such notice;(b)in the event of litigation until appeals therein,and permit the Company to use,at its option,the there has been a final determination by a court of competent juris- name of such insured for such purpose.Whenever requested by the diction,and disposition of all appeals therefrom,adverse to the title Company,such insured shall give the Company,at the Company's or to the lien of the insured mortgage,as insured,as provided in expense,all reasonable aid(1)in any such action or proceeding in paragraph 3 hereof;or(c)for liability voluntarily admitted or effecting settlement,securing evidence,obtaining witnesses,or pros- assumed by an insured without prior written consent of the Company. (CONDITIONS AND STIPULATIONS Continued and Concluded on Reverse Side of This Page) x �yjS3 tf a�%�listt^r�i „c^�'�Y�a�aa�ms�a"d^ .... uS":�.W4':�..^ss�mrosa_� .,aaN'.r.' •arapssavarn ...;:.am nes i= NO, �rjate cof Policy 700842 JULY 2 ,, 1976 AT -8-.' 00--A.M. ,AITlOUrtt of Insurance ,Prerrnur7� l�, 000, 001I,0.Q y.# 1. P,arne of Insured: ` js7 REDLANDS MALL ASSO IATESp z s aF,f A LIMITED PARTNERSHIP z� z; 2, The estate;Or interest referred to herein is at Date of Policy vested in �x kg RE LANlS MALL ASSO IATESr A LIMITED PARTNERSHIP rs i } i P. -the estate or interest in the land described in Schedule C and which is coveted by this oolwy iss a fee_ �t{t Scl'ieduler r �s This tmf icy (Ines rpt>t: score against loss or clttrnage, nor against costs, attorneys' fees or expenses, any or aH of which �a arise to reason of the following: s4; Y 9� Part 1 't gal All matters set forth in paragraphs nurnl eied 1(one) to 11(eleven) inclusivc, on 11ae inside cover sheet of this policy ic.cy w),'," c � the heading of Schedule B Part 1. xj part 11 1 . GENERAL AND SPECIAL TAXES FOR THE FISCAL YEAR 1976•-77, A LIEN NOT YET PAYABLE. �j t . AFFECTS SAID LAND WITH OTHER PROPERTY ; THE EFFECT OF AN INSTRUMENT ENTITLED "REDEVELOPMENT PLAN REDLANDS REDEVELOPMENT PROJECT" RELATING TO THE DEVELOPMENT OF SAID PROJECT 'a AND RECORDED NOVEMBER 90 1972 IN BOOK € 057, PAGE: 789 OFFICIAL RECORDS. . A LEASE AFFECTING THE PREMISES HEREIN STATED, EXECUTED BY AND BETWEEN THE PARTIES NAMED HEREIN, FOR THE TERM ANIS UPON THE TERMS, COVENANTS AND CONDITIONS THEREIN PROVIDED, DATED MAY 10 1974 LESSOR REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS LESSEE CITY OF° REDLANDS TERM . TERMINATES ON MAY 1, 2399 RECORDED . JUNE IIA 1975 IN BOOK 8697 PAGE 967 OFFICIAL. RECORDS AFFECTS PARCEL NO. 4 AN AMENDMENT OF SAID LEASE WAS RECORDED ON JUNE 30 1975 IN BOOK 8940.. PAGE 768 OFFICIAL RECORDS. 4. AN INSTRUMENT DATED AS OF NOVEMBER 1, 1975 ENTITLED "CONSTRUCTION, OPERATION AND E'ASEME'NT AGREEMENT" EECTUED BY AND BETWEEN REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS, A PUBLIC BODY CORPORATE AND POLITIC,, THE CITY OF REDLANDS, A MUNICIPAL CORPORATION AND REDLANDS MALL ASSOCIATES, A LIMI'TED PARTNERSHIP, WHICH AMONG OTHER THING CONTAINS COVENANTS, CONDITIONS, RESTRICTIONS, AGREEMENTS AND EASEMENTS, RECORDED APRIL 300 1976 IN BOOK 8917, PAGE 1184 OFFICIAL* RECORDS. SAID MATTER AFFECTS THIS AND OTHER PROPERTY. slr Schedule B (Continued) +h+.4, .x-sc . =xAEP' „.. 1^••nr, _ -H3F, _ 2'+',cSY 95"t Pr:`EM.R"+.u'S?tl�k+M'Rfi.... .. ...'as "°'%\:9;'.. R`M§H'...a''.4,'5J� SVS?'"..,. 44A'49:Sd'A _ _ .0"P.,rroR.`a0°' dRZR ".<Ti^*;h£d IN Iti:! . MATTERS SET FORTH IN AN INSTRUMENT ENTITLED "DISPOSITION �# AND DEVELOPMENT AGREEMENT" EXECUTED BY AND BETWEEN THE REDEVELOPMENT AGENCY, CITY OF REDLANDS AND HOWARD E. CONNOR; AND AN INSTRUMENT ENTITLED "IMPLEMENTATION AGREEMENT TO DISPOSITION AND DEVELOPMENT AGREEMENT" BY AND BETWEEN THE REDEVELOPMENT AGENCY t OF THE .CITY OF REDLANDS AND R. J. INVESTMENTS, A CORPORATION, RELATING TO THE DEVELOPMENT OF THE "REDLANDS MALL" SHOPPING CENTER. SITE AND CERTAIN ADJACENT PARCELS, RECORDED APRIL 300 1976 IN z� BOOK 8917;, PAGE 1227, OFFICIAL RECORDS„ 6. AFFECTS PARCELS NO. 11 2 AND 5 ; A DEED OF TRUST TO SECURE AN INDEBTEDNESS OF THE AMOUNT STATED HEREIN DATED JULY 210 1976 AMOUNT $5,. 2500000. 00 TRUSTOR 4 REDLANDS MALL ASSOCIATES,, A LIMITED PARTNERSHIP TRUSTEE CONTINENTAL AUXILIARY COMPANY, A CALIFORNIA CORPORATION BENEFICIARY BANK OF AMERICA NATIONAL TRUST AND SAVINGS ASSOCIATION, A NATIONAL BANKING ASSOCIATION RECORDED JULY 23, 1976 Ownel-'s 1Vicy form B-1970 or California Land-ride A4t,siatriat+on Standard r:�'veraye PolIcy-...1wrts i ) Schedule .1" krfiS �zs The land referred to herein is described as follows: PARCELS NO. 1, 2, 4 AND S OF PARCEL MAP NO. 2998, IN THE CITY OF RE ELANDS, COUNTY OF SAN BERNARDINO,, STATE OF CALIFORNIA, � AS PER MAF" RECORDER IN BOOK 25 OF PARCEL MAPSO PANES 90 �$ THROUGH 92, INCLUSIVEp IN THE OFFICE OF THE COUNTY RECORDER {` OF SAID COUNTY. } ft{ Q t y 3 i f3wi�er'a Frul;cy f UlII1 6-1�iiu ut (:at,tomia La4u5 t ktic f u taltofI o'a'I-- r 3 3`?2 Schedule s' �r1 ti The land referred to herein is described as follows: ' t. ft 1 �E PARCELS NO. 1, 2, 4 AND 5 OF PARCEL MAP NO. 2998, IN THE CITY s OF REDLANDS, COUNTY OF SAN BERNARDINO, STATE OF CALIFORNIA, { AS PER MAP RECORDED IN BOOK 25 OF PARCEL MAPS, PAGES 90 THROUGH 92, INCLUSIVE, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. i TO 1919.x rx as-7s� iNVOR5F81ENT FORM At {.REV. 1) isfl OWNER'S INFLATION PICO"IT"C TION 1a'!DOESE TENT ATTACHEDTO 1101 WY N(). 700842 �{2 x ISSU1-A) fly Title Insurance and Trust Company 1"he Company,recognizing the current effect of inflation on real propertt valuation and intending: to provide additional monetary protection to the Insured 0wrier ri anaed in said Policy, hereby naodi(ae said Policy,as follows: F } I. Notwithstanding anything* contained in s,fid Policy to the contrary, the amount of insurra ace provided by said Policy, as stated in Schedule /y thereof, is suhjeet to cumulative annual �f upward adjustments in the manner and to the extent hereinafter specified. � "' "Adjustment Date" is defined, foe the: purpose' of this lndor'serraent, to be I2:(11 ,i.n). ora the � first January I which occurs nnore that] six. months ,after the Date of Policy, as shOxvra its schedule A of the Policy to which this Indorsenaent is €attached, and on each succeeding � January I. sk` :3._ An upward adjustment will tie made Cara each of ttre Adjaustnrem lags, as defined above, h, increasing the naaxirnurn anaouut of insut<anc:e provided by said policy (as said amount ara,a� have been increw d theretofore under th(, terms of this Indorsc°raaent) by the sanre percentat.e:l if any. by which the tlnrted States lyrapaartraacnt ()f ('(manaerce Composite Construction Co,,t j Index (base period 1967) for tlrc month of SCptenrber inrrraedi,atels preceding exceeds tl)e highest Index number for fire naeanth of SeptcnalVr ill AnY previous ycar which is SubWep.w11t to Date of Police=; provided, ho%ke° ci, that tlac nraxinrtrrn arrrount of insurance in force shall never exceed I5W`(' of the zrr count of, insurance 4t,ated in Sclre-clrrle "! of said Policv. Ic,:s tsar, amount of any claaim paid under said Policy Nvhick. unclear the z<,.rms of the Conditions and Stipulations, reduces the amount of insur,ancc it, force, j f)cre shall he no annual adjustment � in the amount of insurance for ycraars its which there is no increase in said Constr-uctiora Cwt Index. ;J. In the settlement of aaw 0aaina at=ainst file Company under said Policv, the <aniount of insurance- in force shall be (ie�e.raaed to be fire MnMlnt tc'laich is in force as of the date can vO ii fi the insured claimant first learned of the assertion or possible ass,�rticrn of such clatnr, car <a of the date of receipt by tire Company of the first notice of such clams, whiche�er shall first occur. Nothing herein contained shall be construed as extending* or chanf:inga the effecti,,e date of said Policy, This Indorsernent is made a part of said Policy and is subject to the schedules. conditions, araei stipulations therein, except as modified by the provisions hereof'. Title Insurance and Trust Company NOTE: In connection with a future application for title insurance coverinp said land. rciswe cr(•dit on premium charges (if applicable at all) will be allowed only upon the original face amount of insurance as stated in Schedule A of'said Policy. f } {p } TO 1919.f GA {4.75) ; }� / { 1 NtJCJSuvKMEVT iC716iM Al t-REY. OWNER'S INFLATION PRO TI.+CTION INDORSEMENT ATFACHEDTOPOLICY NO( 700842 ISSUED I3Y �} , € Cf� }£ 4 Title Insurance and Trust Company In, }� M11 The Company,recognizing the current effect of inflation on real property valuation and intending. to provide additional monetary protection to the Insured Owner named in said Policy.hereby modifies said Policy,as follows: I. Notwithstanding anything contained in said Policy to the contrary, the araaount of insurance �{ MIN provided by said Policy, as stated in Schedule A thereof, is subject to cumulative annual } upward adjustments in the manner and to the extent hereinafter specified. 2. "Adjustment Date" is defined, for tlae purpose of this fndorscincnt, to be 12:01 a.m. on the first January I which occurs more than six niontlis after the Date cif' Policy, as shown in schedule A of the Policy to which this Indorsement is attached, and on each succeedingf January I. jtti af?s 3. An upward adjustment will be made ori each of the Adjustment Dates, as defined above. by increasing the maximum amount of insurance provided by said Policy (as said amount mai, have been increased theretofore under the terms of this Indorscnaent)by the same percentage-,�j if any, by which the United States Department of Commerce Composite Construction C.`o"t Index {base period.! 1967} for the month of Septcnaber immediately preceding, exceeds the highest Index number for tlae month of September in any previous Near which is subsequent to Date of Policy;provided, however. that the maxiraatnn amount of insurance in force -,hal never exceed 1. 017'x, of the amount (if insurance stated in Schedule A of said Policy. less the amount of any claim paid under said Policy Which, under the terms of the Conditions and Stipulations_ reduces the amount of insurance in force, There shadl be no annual adjustment in the amount of insurance for years in which there is no increase in said Construction Cost j Index. 4. In the settlement of any claim against the _Company under said Policy. the amount of insurance in force shall be deemed to he the amount which is in force as of the date ora which the insured claimant first learned of the assertion or possible assertion of such claim. or as of the slate of receipt by the. Company of the first notice of such claim. whichever shall first occur. Nothing herein contained shall he construed as extending or changing the effective date of sad Policy. This Indorsement is made a part of said Policy and is subject to the schedules. conditions and stipulations therein. except as modified by the provisions hereof. Title Insurance and Trust Company I3y U sem, 007 t t°rc taar°r NOTE: In connection with a future application for title insurance covering said land. ra:is,,ue cry°slit on premium charges (if applicable at all) will be allowed only upon the original face arnount of insurance as stated in Schedule A of said Policy. IN THE CITY OF REDLANDS PARCEL MAW NO. 2998 MINOR SUMMSION NO.3 BEING A SUROMStON Of GLOCx3%4,5,6,768 OF R€OLANOS TOWN PLAT PER M&VIO AND R,S.2916I OF RECOROS OF SAN BERNARDINO COUNTY, CALIFORNIA. �� � nt�M1B a MRt'�viCr,�LTgRNLCR^R'TYVLYO0. OLCLWdBR.NITB E r v 4 scop 4 , ixexnev�nT.-[b?+aa wu..f.w2 W i �'^ _ PnRCHt t d pT�?s AFF+p IN— .s F n o- 4 • 1� `_•..••_.. ••�c��•_ —_u—��> �_M t'r.r3 Vs t > �" suF sM.c ?rKv e4cus£rona nrc.varh to ti 8Mc[HE.lpw E4Ek 8+8.it'i !1 ti t M s b 1 y PARCEL 3 ��� '*"s feHtNa TM#EpNO uo aw ,3 PARCEL 2 i MRML 5 ^d'FtC6XT x� 8Nc4C eHTwHEN MH W� 58 �I ";�1� 'Q MN.4RwHREtCY.YtaRRB- ki {E.YB NHT#CPC91 {S.BB NEi*CR@91 �I """ n �" d'18RA 8A'4Np X81898') al AM1B,BY}Bp IT! ii,,H ) z PAACEL e K Xr �+ _•_�,�_< _crrrtche-"�-.xi T - -- _"-'?��. N—w,iEr✓ene.���__..�. ---,i,_ - Q men z IN T.la Cern OP INCOLANO! PARCEL MAP NO. 2998 BEEN"A SUBDIVISION OF BLOCKS 1.4.5.6.7 6 B OF REDLANDS TO"PLAT W PER S,5/+O AND R.S.24/61 OF RECORDS OF SAN BERNARDINO COUNTY, j CALIFORNIA. :$ vERCEI ! MK%!1 b NwRTw KK.tS+@lHttR-tFiRNC+'OY MCORM'R,tIrS MINOR SUBDIYtSION 140.5 Pnacei 4 It PARCEL 5 � SM1� tf$4ax0 NW at ) ea £gs r»f u na tuv#n�ctfv.orae! aRc€k! x, 9l arlSE.4E' Fb4R M'} ('* { PARCEL 8 a l Sl e®w«A alw dRI. xn 09 M Sh9tE tLt4.@{.i{'9 � SGCM%KNt -.6•+es' Rn N¢rM9nS Yvan Mein M b.lb WMm fit 9 C�. d#plb�e!!.brim d 4pg ✓AMM wRd Edt n 'Y _.•�•_•. a YK: s+fmt zok mRy ae+m 1�x bt p Myd iM hrl.na.nNrwct�an d CAME i PLAN YltW tw:iian.iswRO,••e.».nw.R a.RSNal+ PARCEL 4 RulCCi! T � anNCtl ffi ':Ee"'S'tm S :�P' ✓r.,-s��'t <mix,y _ "_ "� Tii .,a�. a,rr;s w c+ne.x-� I ! s4nc24 5 v iq,Lkj rvtl E -EL � AN"E xiP..Ei MiCfL l � M1asE nNiE l II ELEVATION EL£YAYHIN SECTION A-A SECTION S•B »rn,z.Sa4k S 4T 1 February 16, 1977 MEMO TO: Peggy A. Moseley, Secretary Redlands Redevelopment Agency SUBJECT: GRANS' DEEDS Attached you will find two copies of grant deeds forwarded to ane by Mel McMullen, Title Insurance and Frust. Attachment No. 1 is a copy of the deed from the Redevelopment Agency to the Redlands Mall Associates of Parcels 1, 2, and 5 of Parcel Map No. 2998. Attachment No. 2 is a deed for Parcel No. 4 of Parcel Map No. 2998. Both are provided for placement in the Redevelopment Agency permanent files. I do not see why we would need the original in view of the deed being the property of the Redlands Mall Associates . w BOB MITCHELL Executive Director RSM: l.e Aft. (2) 0 Computed on W11 vatue iess, CITY es remaining thereon at time of sale. STATIC L ............................. ........... ......­­­............................. Signature of declarant or agent determining tax - firm name 0 Unincorporated area 0 City of............................. Corporation Grant Deed L-2 FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged. THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS a corporation organized under the laws of the State of CALIFORNIA hereby GRANT(S) to REDLANDS MALL ASSOCIATES A LIMITED PARTNERSHIP the following described real property in the CITY OF REDLANDS county of SAN BERNARDINO state of California: PARCEL NO. 4 OF PARCEL MAP NO. 2998 , IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, AS PER MAP RECORDED IN BOOK 25, OF PARCEL MAPS, PAGES 90 THROUGH 92, INCLUSIVE, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. The grantee herein convenants by and for himself, his heirs, executors, administrators, and assigns, and all persons claiming under or through them, that there shall be no discrimination against or segregation of, any person or group of persons on account of race, color, creed, national origin, or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure, or enjoyment of the premises herein conveyed, nor shall the grantee himself or any person claiming under or through him, establish or permit any such practice or practices of discrimina- tion or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessees, or vendees in the premises herein conveyed. The foregoing covenants shall run with the land, and are further subject to all covenants contained in instruments No. 779 and 780, Book 8917 pages 1184 and 1227 Records of said County. Dated-- THE REDEVELOPMENT AGENCY OF THE �'ha Arman STATE OF CALIFORNIA. (]OUNTY cal'__ SAN BERNARDINO ss, me, the under- s signed, a Notary Public in and for said County and State,personally appeared -Charles G DeMirjy rma NY SEAL OR STAMP known to me to he h,--Ch-a-'- .­.WR*iff(;fft, and--,— FOR OTAR -- Pg A, Moseley _ known to me to he _. Secretary of the corporation that executed the within Instrument, known to me to be the persons who executed tile within Instrument on behalf of the corporation therein named. and acknowledged to me that such corporation executed the within instrument pursuant to its by-laws or resolution of its board of directors. Signature of Notary -----------Escrow No.- kDoRess U kompuleo on full value CITY & remaining thereon at time of sale. STATS L ............................................... ......................................... z. ignature of declarant or agent determining tax - firm name Unincorporated area 0 City of.................................. Corps-lorratio n Grunt Deed L-2 FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS a corporation organized under the laws of the State of CALIFORNIA hereby GRANT(S) to REDLANDS MALL ASSOCIATES A LIMITED PARTNERSHIP the following described real property in the CITY OF REDLANDS county of SAN BER NARDINO , state of California: PARCELS 1, 2, and 5 of PARCEL MAP NO. 2998, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, AS PER MAP RECORDED IN BOOK 25 , OF PARCEL MAPS, PAGES 90 THROUGH 92, INCLUSIVE, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. The grantee herein convenants by and for himself, his heirs, executors, administrators, and assigns, and all persons claiming- under or through them, that there shall be no discrimination against or segregation of, any person or group of persons on account of race, color, creed, national origin, or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure, or enjoyment of the premises herein conveyed nor shall the grantee himself or any person claiming under or through him, establish or permit any such practice or practices of discrimina- tion or segregation with reference to the selectioni location, number, use or occupancy of tenants, lessees, subtenants, sublessees, or vender in the premises herein conveyed. The foregoing covenants shall run with the land, and are further subject to all covenants contained in instruments No. 779 and 780, Book 8917 pages 1184 and 1227 Records of said County. Dated THE REDEVELOPMENT AGENCY OF THE STATE OF CALIFORNIA, COUNTY OF_SAN BERNARDINOJ ss. —be'fore me, the i under- s s gned, a Notary Public in and for said County and State,i)ersonally appeared _Charles G. DeMir" kFOR NOTARY SEAL OR STAMP Twd4§ye Xbcg6.JhQL eIa§Xa0km)`""' known to me to lie 7—----Secretary of the corporation that exec-toed the within Instrument, known to me to lit the persons who executed the within Instrument on behalf of the corporation therein named, and acknowledged to me that such corporation executed the within instrument pursuant to its by-laws or resolution of its board of director*, Signature of Notary Title Order No.-,,— --,—,--Escrow of a regular meeting of the Redevelopment Agency of the City of Redlands, hold in the Council, Chambers, Safety Hall, 212 Brookside Avenue, on August 17, 1976. at 3 :10 P.M. REN Charles Charles G. Demirjyn, Chairman Chresten M. Knudsen, Vice Chairman Ellsworth E. Mil.ler, Member Bertha Rose Grace, Member Warren R. Elliott, Member ' Robert 11. Mitchell, Acting Executive Director Edward F. Taylor, City Attorney Alice G. Walls, Acting Secretary Erwin S. liein, Redlands Daily Facts Pat Sheeran, San Bernardino Sun ABSENT None The minutes of the regular meeting of August 3, 1976 were approved as submitted. On motion of Member Miller, seconded by Member Knudsen, Grant Deed the Agency unanimously accepted a grant deed from Redlands Parking Mall Associates, with the Acting Executive Director Garage authorized to sign the certificate of acceptance in behalf of the Agency. 11iis grant deed transfers the parking garage to the Agency as outlined in the Disposition and Development Agreement. Mr. Mitchell reported that the assessed valuation of the Redevelopment Area has been received. It had been projected that tax income for the tax date of March 1, 1976 would be $438, 282 .00; due to increased valuation it will be $462, 716.00. He stated that this puts the Agency a little ahead of target for income to retire bonds. There being no further business, the Agency adjourned, on motion, at 3 :15 P.M. Next regular ineeting, September 7, 1976. Respectfully submitted, Acat: n.g secretary Redevelopment Agency Page one - August 17, 1976 rte/ RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO 1 Sheet Add— C=& L J SPACE ABOVE THIS LINE FOR RECORDER'S USE CORPORATION GRANT DEED FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS a corporation organized under the labs of the State of CALIFORNIA does hereby GRANT to REDLANDS MALL ASSOCIATES A LIMITED PARTNERSHIP. the real property in the County of SAN BERNARDINO State of California,described as: PARCELS 1, 2, 4 and 5 of PARCEL MAP NO. 2998, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, AS PER MAP RECORDED IN BOOK 25, OF PARCEL MAPS, PAGES 90 THROUGH 92, INCLUSIVE, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. IN WITNESS WHEREOF, said corporation has caused its corporate name and seat to be affixed hereto and this instrument to be executed by its---------Chai-man-------------I2fas%c nt-and .......................................... Secretary thereunto duly authorized. DATED:......February 26, 1976 T#3E. VELQgM>til ..0F_Til;a.. CITY OFLANDS ., , / Chairman By.� /Y ���_,t�_ ......Secretary STATE OF CALIFORNIA, 1 " V j SS. County of SAN BERNARDINO ) Orr February 26, L976-19—before me,the undersigned,a Notary Public in and for said County and State,personally apoeare t -Jack B r tumm i ngs. known to me to be tha Mayor A,44dA1,t1'Q _ `Pe99Y A, M-0seleY known to me to be the City Clerkj„(„(t(w//d the City of Redlands Redevelopmen Agency thr,Corporation that executed the wi 11n Instrument,known to me to be the[uersons who executed the within Instrument,on behalf of the Corporation herein named, and acknowledged to me that such Corporation executed the within Instrument pur- suant to its by-laws or a resolution of its board of directors. WITNESS my band and official seal. OFFICIAL SEAL (Seg Naltary Public in and for said 06oy and State. tet, LORETTA C. POYZER >>,-�'�' NOTARY PUBLIC-CALIFORNIA ' .� T Itn �e:�No Escrow or Loan No.,,--................................ el I DEED—GRANT—C A o n WOLCO"S FOAM 760 + 5 Pt type or loner �r�' .:}: . - _. .i - • ; � _ . _ � - .�. . � f _ _ _ ._ � _ -. z ! -.. : .. - _ . .. _ � - . . _ ,. i _ Z � ■� 1 - Y � ` �' z } i � ' . `L.:._:�..� .,, , _ r �...� 1 r' s ——------------- RECORDING REQUESTED BY AND W"" IMCOR040 WAIL TO CWy & L SPACE ABOVE THIS UNE FOR RECORDER's USE "I 1AX SFATWOM TO CWf & L -J D.T.T.S Corporation Grant Deed TO 406 CA (7-66) THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, THE REDEVELOPMENT AGENCY OF THE CITY OF REDLANDS a corporation organized under the laws of the state of CALIFORNIA hereby GRANTS-to REDLANDS MALL ASSOCIATES A LIMITED PARTNERSHIP the following described real property in the CITY OF REDLANDS County of SAN BERNARDINO ,State of California: PARCELS 1, 2, 4 and 5 of PARCEL MAP NO. 2998, IN THE CITY OF REDLANDS, COUNTY OF SAN BERNARDINO, AS PER MAP RECORDED IN BOOK 25, OF PARCEL MAPS, PAGES 90 THROUGH 92, INCLUSIVE, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. The grantee herein covenants by and for himself, his heirs, I executors, administrators, and assigns, and all persons claiming under or through them, that there shall be no discrimination against or segregation of, any person or group of persons on account of race, color, creed, national origin, or ancestry in the sale, lease, sublease, transfer, use, occupancy, tenure, or enjoyment of the premises herein conveyed, nor shall the arantee himself or anv person claiming under or through -.ace, color, crud, w or ancestry 1n the sale, Pease, sublease, transfer, use, occupancy, tenure, or enjoyment of the premises herein conveyed, nor shall the grantee himself or any person claiming under or through him., establish or permit any such practice or practices of discrimina- tion or segregation with reference to the selection, location, number, use or occupancy of tenants, lessees, subtenants, sublessees, or vendees in the premises herein conveyed. The foregoing covenants shall run with the land, and are further subject to all covenants contained in instruments No. 779 and 780, Book 8917 pages 11.84 and 1227 Records of said County. In Witness Whereof, said corporation has caused its corporate name and seal to be affixed hereto and this instru. ment to be executed by i Chairman ft'-and Secretary thereunto duly authorized. Dated: . THE REDE'4TELC)1? T AGENCY OF THE CITY OF PEDT,ANDS STATE OF CALIFORNIA Ss. By COUNTY OF SAN BERNARDINt� G al rTtic n— #"t+sitlilic' On before me, the under. By aimed, a Nota r Public in 4nd for said `Mate, personally appeared Secretary Charles G. DeMir 'yn known to me to be the . Cha i0XLa 't'rrxhJr t. and Peggy A. Moseley , known to me to be `+ecretary of the Corporation that executed the within Instrument, known to me to be the persons who executed the within Instrument on behalf of the Corporation therein named, and acknowledged to me that suet) Corporation executed the within Instru went pursuant to its by-laws or a resolution of its board of directors. WITNESS my hand and official seal. signature Name (Typed or Printed) entis arra vw amoat no)arha at) Title Order No. _ Escrow or loan No._. MAIL TAX STATEMENTS AS DIRECTED ABOVE Gfr.,2,: ,//,ir.?'%`r.�u'.S`na� >L✓x"'✓h/(f .�N`.'.frv .*�f"h MEMO: F r tem MEL POER el-�Iollop�~ DA TE ,r� 7 10 go ./ le 7 . T/f-4.s a ,-e' 94 r - e ,' jWer .,., , '� - ,lv*/e e�