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HomeMy WebLinkAboutD-154 Morro St Recorded 03/05/19510 - yr y,n., :n ra: •r 5 .. ,. ea GRANT DEED VOL 602! PALE 69 -,5y IN CONSIDERATION of the Sum of Ten Dollars (;,10.00), TAB KARQUEZ and LOUISE MARQUEZ, husband and wife, do hereby grant to the CITY OF SAN LUIS OBISPO, a municipal corporation of the State of California, the following described real pro- perty: That portion of Lots 2 and 3 in Block 15 of the City of San Luis Obispo, in the City of San Luis Obispo, County of San Luis Obispo, State of California, according to the official map of said City on file in the office of the County Recorder of said County, described as follows: Beginning at a point on the Northeasterly line of said Lot 3 distant thereon South 360 221 East 127.88 feet from the most Northerly corner of said Lot 3; thence South 360 221 East along the said Northeasterly line of Lot 3, 22.12 feet to the most Northerly corner of the property conveyed to Steve Zegar, et ux., by deed dated I::arch 25, 1941, re- corded 1.1arch 31, 1941, in Book 294 of Official Records, at page 74, records of said County; thence along the line of the property conveyed to Steve Zegar, et ux., as aforesaid South 530 38' '.'lest 50 feet and South 360 221 East 24 feet 6 inches to the most Northerly corner of the property con- veyed to the City of San Luis Obispo, a municipal corpora- tion, by deed dated August 21, 1950 recorded September 1 1950, in Book 577 of Official Records, at page 192, records of said County; thence South 530 381 1'lest along the North- westerly line of the property conveyed to the City of San Luis Obispo and the•Southwesterly extension of said line/ 144.25 feet to the Northeasterly line of the property con- veyed to George A. Freitas by deed dated 1�arch 15, 1919, recorded June 10, 1919, in Book 131 of Deeds, at page 215, records of said County; thence North 360 221 'lest along said Northeasterly line 46.62 feet, more or less, to the most Southerly corner of the property conveyed to Charles J. Berkemeyer, et ux., by deed dated February 18, 1941, recorded February 28, 1941, in Book 292 of Official 'records, at page 250, records of said County; thence North 536 38' East along the Southeasterly line of the property so con- veyed 194.25 feet to the point of beginning. FIITNESS our hand this 17 of STATE OF CILIF01MA ) )ss. County of San Luis Obispo ) On this. day of � , 1951, before me GEORGE L.ANDRE the undersigned, a Notary Public in and for said County and State, personally appeared TAB 1,IARQ7EZ and LOUISE, 11ARQUEZ, husband and wife, known to me to be the persons described in and whose names are subscribed to the within instrument, and acknowledged_ =•that they executed the same. '.71MjEd87ty, hand and official seal the day and year in this certificate fit t above written. :`•: Notary blic in and for said •..... _.�' J County and State. :b CC Qn P b�.�'�► d. a 0 .2. w =70 RESOLUTION 1101006 (New Series) A RESOLUTION AUTHORIZI11G CITY CLERK TO ACCEPT AND RECORD DEED OF REAL PROPERTY FRO11,TAB K4RQUEZ AND LOUISE 1:7ARQUEZ, AIM TO PAY FOR SAID PROPERTY. BE IT RESOLVED by the Council of.the City of San Luis Obispo as follows: That the City Clerk be and he is hereby instructed to receive. and record a deed from TAB KARQUEZ and LOUISE, IARQUEZ granting to the City of San Luis Obispo the real property described as follows: That portion of Lots 2 and 3 in Block 15 of the City of San Luis Obispo, in the City of San Luis Obispo, County of San.Luis Obispo, State of California, according to the official map of said City on file in the office -of the County Recorder'of said County, described as follows: Beginning,at a point on th8 Northeasterly line of said Lot 3 distant thereon South 36 221 East 127.88 feet from the most Northerly corner of said Lot 3; thence South 360 22f East along the said Northeasterly line of Lot 3, 22.12 feet to the most Northerly corner of the property conveyed to Steve Zegar, et ux., by deed dated Lurch 25, 1941, re- corded Pflarch 31,1941, in Book 294 of Official Records, at page 74, records of said County; thence along the line of the property,conveyed to Steve Zegar, et ux., as aforesaid South 530 38' hest 50 feet and South 360 229 East 24 feet 6 inches to the most Northerly corner of the property con- veyed to the-City of .San Luis Obispo, a- muhicipral corpora= tion, by deed dated August 21, 1950,.recorded September 1, 1950, in Book 577 of Official Records., at page 192, records of said County; thence South 530 38' West along the North- .westerly line of the property conveyed.to the City of San Luis Obispo and the Southwesterly extension of said line 144.25 feet to the Northeasterly line of the property con - veyed to George A. Freitas by deed dated Idarch 15,.1919, recorded June 10., 1919, in Book 131 of Deeds, at page 215, records of said County; thence North 360,221...West along said Northeasterly line 46.62 feet, more-or less, to the most Southerly corner of the property conveyed to Charles J. Berkemeyer, et ux., by deed dated February 18, 19419 recorded February 28, 1941, in Book 292 of Official Records, at page 2509 records of said County; thence North 530 38' East along the Southeasterly line of the property so con- veyed 194.25 feet to the point of beginning, and to pay to said grantor the-sum of Five Thousand and No /100 (:5000,:00) Dollars for' said property,, provided - .that, there be furnished'to• the :City of San Luis Obispo along with said deed, a policy of title insurance in the ,principal amount of Five Thousand and No /100 ($5000.00) Dollars, showing title in the name of the City of San Luis Obispo, free and clear of all in- cumberances; taxes to be.pro -rated and City to pay for policy of title insurance. -1- 3 a x 1u Q s✓ crI W G: C�� vm 002 ►a . 71 PAaSED AND ADOPTED this 5th day of March 19519 by the following vote: AYES :Wm.0.Ha11,TimothyI.01Reilly, Kline Williams, Frank V.Woods NOES: None ABSENT: D. M. Carpenter Mayor ATTEST: r. CAtj Clerk -2- I, J. E. Brown, the duly elected, qualified and acting City Clerk of the City of San Luis Obispo, do hereby certify that the foregoing is a full, true and correct copy of Reso. lution No. 1006 (New Series), passed and adopted by the Council of the City of San Luis Obispo on the 5th day of March® 1951. WITNESS my hand and the seal of the City of San Luis Obispo this 5th day of March, 1951• 3336 RECORDED AT REQUEST OF SECURITY TITLE g�,6UARANTFF CT AT s M IN. PAST Records p. SAN LUIS OBISPO COUNTY, CALIF. IAR 20 1951 C��� Fee $ - Indexed COMPARED I C ty Clerk MG P -118 (G.S.) Rev. 6-50 9 -1 -50 15M California lid Title Amociation Standard •raga. Copyright 1949 i 51000,00 Charge for Title Insurance and Examinations 40.00 (A -1) No. 34484 -SLO I.NSVR-ANCE AND -SECURIT 1 TATLE GUARANTEE COMPANY a California Corporation, herein called the Company, - fora valuable consideration- paid for this POLICY OF TITLE INSURANCE does hereby insure CITY OF SAN LUIS OBISPO; a Municipal corporation, together with the persons and corporations included in the definition of "the insured" as set forth in the stipulations of this policy, against loss or damage not exceeding -- -FIVE THOUSAND AND N01100--- - - - - -- --------------------------------- dollars, which the insured shall sustain by reason of: 1. Title to the land described in SCHEDULE B being vested, at the date hereof, otherwise than as herein stated; or 2. Unmarketability, at the date hereof, of the title to said land of any vestee named herein, unless such unmarket- ability exists because of defects, liens, encumbrances, or other matters shown or referred to in SCHEDULE C; or 3. Any defect in, or lien or encumbrance on, said title, existing at the date hereof, not shown or referred to in SCHEDULE C; or 4. Any defect in the execution of any mortgage or deed of trust shown in SCHEDULE C securing an indebted- ness, the owner of which is insured by this policy, but only insofar as such defect affects the lien or charge of such mortgage or deed of trust upon said land; or 5. Priority, at the date hereof, over any such mortgage or deed of trust, of any lien or encumbrance upon said land, except as shown in SCHEDULE C, such mortgage or deed of trust being shown in the order of its pri- ority in SCHEDULE C; all subject, however, to SCHEDULES A, B, C, D, and the STIPULATIONS herein, all of which schedules and stip- ulations are hereby made a part of this policy. In witness whereof, Security Title Insurance and Guarantee Company has executed this policy by its authorized officers, as of the date set forth in Schedule A. o� drys Secretary /. President. Attest: G %% Z CL Vice President P- 118 -A -B -C (Bev. 6 -50) 6 -26 -50 14M CLTA Staadard Coverage SCHEDULE A On March 20, 1951 , at 9:05 o'clock am., the title to the land described in Schedule B is vested in CITY OF SAN LUIS OBISPO, a Municipal corporation. The description of the land, title to which is insured by this policy is hereinafter set forth under Schedule B. Liens, encumbrances, defects and other matters affecting the title to said land, or to which said title is subject are hereinafter set forth under Schedule C. This policy does not insure against loss by reason of the matters shown or re- ferred to under Schedule C except to the extent that the owner of any mortgage or deed of trust shown in Schedule C is expressly insured in paragraphs numbered 4 and 5 on first page of this policy. Zm t �I7i IR oi:3 That portion of Lots 2 and 3 in Block 15 of the City of San Luis Obispo, in the City of San Luis Obispo, County of San Luis Obispo, State of California, according to the official map of'said City on file in the office of the County Recorder of said County, described as follows: Beginning at a point on the Northeasterly line of said Lot 3 distant thereon 6outh"361 221 East 127.88 feet from the most Northerly corner of said Lot 3; .thence South 361 221 mast along the said Northeasterly line of Lot 3, 22.12 feet to the most Northerly corner of the property conveyed to Steve Zegar, et ux., by deed dated March 25, 1941, re corded March 31, 1941,-in Book 294 of Official Records, at page 74, records of said County; thence along the line of the property conveyed to Steve Zegar, et ux., as aforesaid South 531 381 West 50 feet and South 361 221 East 24 feet 6 inches to the most Northerly corner of the - property conveyed.to the City of San Luis Obispo, a-municipal corporation, by deed dated August 21; 1950, recorded September 1, 1950, in Book - 577 of Official Records, at page 192, records of said County; thence South 531 381 West along the Northwesterly line of the property conveyed to the City of San Luis Obispo and the Southwesterly extension of said line, 144.25 feet to the Northeasterly line of the property conveyed to George A. Freitas-by deed dated March 15, 1919, recorded June 10, 19190 in Book 131 of Deeds, at page 215, records of said County; thence North 360 221 West along said Northeasterly line, 46.62 feet, more or'less, to the most Southerly corner of the property conveyed to Charles-J. Berkemeyer, et ux., by deed dated February 18, 1941, recorded February 28, 1941, in' Book 292 of Official Records, at page 250, records of said County; thence North 53 0•381 East along the Southeasterly line of the property so con- veyed 194.25 feet to the point of beginning. C 1. General and special taxes of the fiscal year 1951 -52, now a lien, but not yet due and payable. a 1.; r °/ •r .f • f NIP.OMO s 0 n _ I o m m arm t0 e 0 Iriema S a N mm m e• o o A 4 s a V W� D y r C C A� Pm 2 py C N $o N 1 be CC m to 1 N 9 so it 0 a 1 m M rn � 9e leo.5 do Due so O b I I p !!vr• 1 SPIN II' y� O to O I I - O ..e as 9 I le u u 1 I VI!. O i O - ------ - ---ry -- - - - - -- 1 1!9 t„ a m jo II.a "71!•7r -J � O '0 I r.r9 I u9./9 I so I nts9 S NORTH BROAD O IORRO I I I I , Ieqt .0 a r vyor S T. .0 S T. Igo O - io se p ^ O e . m r5e e 0 - S Q s 0 ti ti •° I CT _ � O -� ---� • - to 1. 1 — i—I 1 I ie ° 0 b - -- p !!vr• 1 SPIN II' y� 1 !p t Ter•r 9 O IORRO I I I I , Ieqt .0 a r vyor S T. .0 S T. Igo O - io se p ^ O e . m r5e e 0 - S Q s 0 ti ti •° I CT _ � O -� ---� • - to 1. 1 — i—I 1 I ie ° 0 b - -- u 1 I : e .e 1!9 a o O° jo II.a rl '0 I r.r9 -4 0 e ... v.. r. v. ST. e lub This plat Is inserted as a matter of information only, and while the same is compiled from information which we believe to be correct, no liability is assumed by this Company res to the correctness of said information. SECURITY TITLE suesmssm casauar~aar eo r r N -t so x0 P- I18-1)-ST (G.S.) Rev. 9-50 9 -1-50 15M r CLTA Standard Coverage Copyright ISM *�f SCHEDULE D Thin .policy does not insure against loss by reason of the following matters which, if any such exist, may affect the title to said land, but which are not shown in this policy: 1. Taxes or assessments which are not shown as existing liens by the records of any taxing agency or by the public records; and easements, liens, or encumbrances which are not shown by the public records. 2. Rights or claims of persons in possession of said land which are not shown by the public records. 3. Any facts, rights, interests, or claims which are not shown by the public records, but which could be ascertained by an inspection of I. SCOPE OF COVERAGE This policy does not insure against, and the Company will not be liable for loss or dam- age created by or arising out of any of the following: (a) delecm, liens, claims, oneum- brances, or other matters which result in no pecuniary loss to the insured; (b) defects, liens, encumbrances, or other malters created or occurring subsequent to the date hereof; (c) defects, liens, encumbrances, or other matters created or suffered by the insured claiming such loss or damage; or (d) defects, liens, claims, encumbrances, or other matters existing at the date of this policy and known to the insured claiming such loss or dam- age, either at the date of this policy or at the date such insured claimant acquired an estate or interest insured by this policy, un- less such defect, lien, claim, encumbrance or other matter shall have been disclosed to the Company in writing prior to the issuance of this policy or appeared at the date of this policy on the public records. Any rights or defenses of the Company against a named insured shall be. equally available against any person or corporation who shall become an insured hereunder as successor of such named insured. 2. DEFENSE OF ACTIONS. NOTICE OF AC- TIONS OR CLAIMS TO BE GIVEN BY THE INSURED The Company at its own cost shall defend the insured in all litigation consisting of ac- tions or proceedings against the insured, or defenses, restraining orders, or injunctions interposed against a foreclosure or sale of said land in satisfaction of any indebtedness, the owner of which is insured by this policy, which litigation is founded upon a defect, Lien, encumbrance, or other matter insured against by this policy, and may pursue such litigation to final determination in the court of last resort. In case any such litigation shall become known to any insured, or in case knowledge shall come to any insured of any claim of title or interest which in ad- verse to the title as insured or which might muse loss or damage for which the Com- pany shall or may be liable by virtue of this policy, such insured shall notify the Company thereof iz writing. If such notice shall not be given to the Company at least two days be- fore the appearance day in any such litiga- tion, or if such insured shall not, in writing, Promptly notify the Company of any defect, on, encumbrance, or other matter insured against, or of any such adverse claim which shall come to the knowledge of such in- sured, in respect to which loss or damage is apprehended, then all liability of the Com- pany as to each insured having such knowl- edge shall cease and terminate; provided, however, that failure to so notify the Com- pony shall in no =a prejudice the claim of any insured unless the Comppaanny shall be actually prejudiced by such failure. The Com- pany shall have the right to institute and prosecute any action or proceeding or do any other act which, in its opinion, may bo neces- sary or desirable to establish the title, or any insured lien or charge, as insured. In all cases where this policy permits or requires the Company to prosecute or defend any anion or proceeding, the insured shall secure to it in writing the right to so prosecute or defend such action or proceeding, and all appeals therein, and permit it to use, at its option, the name of the insured for such purpose. Whenever requested by the Company the insured shall assist the Company in any such action or proceeding, in effecting settle- ment, securing evidence, obtaining witnesses, prosecuting or defending such action or pro - ceeding, to such extant and in such manner as is deemed desirable by the Company, and the Company shall reimburse the insured for any expense so incurred. The Company shall be subrogated to and be entitled to all costs and attorneys' fees incurred or ex- pended by the Company, which may be re- coverable by the insured in any litigation carriod on by the Company on behalf of iha said land, o: by making inquiry of persons In possession thereof or by a correct suvey, 4. Mining claims, reservations in patents, water rights, claims or title to water. 5. Any laws, governmental ads or regulations, including but not limited to zoning ordinances, restricting, regulating or prohibiting the occupancy, use or enjoyment of the land or any improvement thereon, or any coning ordinances prohibiting a reduction in the dimensions or area, or separation in ownership, of any lot or parcel of land; or the effect of any violation of any such restriction, regulations or prohibitions. STIPULATIONS insured. The word "knowledge" in this paragraph means actual knowledge, and does not refer to constructive knowledge or notice which may be imputed by the public records. 3. NOTICE OF LOSS. LIMITATION OF AC- TION A statement in writing of any loss or damage for which it is claimed the Company is liable under this policy shall be furnished to the Company within sixty days after such loss or damage shall have been ascertained. No action or proceeding for the recovery of any such loss or damage shall be instituted or maintained against the Company until after full compliance by the insured with all the conditions imposed on the insured by this policy, nor unless commenced within twelve months after receipt by the Company of such written statement. 4. OPTION TO PAY, SETTLE, OR COM- PROMISE CLAIMS The Company reserves the option to pay, settle, or compromise for, or in the name of, the insured, any claim insured against or to pap this policy in full at an time, and pay- ment or tender of payment of the full amount of this policy, together with all accrued costs which the Company is obligated hereunder to pay, shall terminate all liability of the Com- pany hereunder, including all obligations of the Company with respect to any litigation pending and subsequent costs thereof. 5, SUBROGATION UPON PAYMENT OR SETTLEMENT Whenever the Company shall have settled a claim under this policy, it shall be subroga- ted to and be entitled to all rights, securi- ties, and remedies which the insured would have had against any person or property in respect to such claim, had this policy not been issued. If the payment does not cover the loss of the insured, the Company shall be subrogatod to such rights, securities, and romodics in the proportion which said p went bears to the amount of said loss. In either event the insured shall transfer, or cause to be transferred, to the Company such rights, securities, and remedies, and shall permit the Company to use the name of the insured in any transaction or litigation in- volving such rights, securities, or remedies. G. OPTION TO PAY INSURED OWNER OF INDEBTEDNESS AND BECOME OWNER OF SECURITY The Company has the right and option, in case any lose in claimed under this policy by an insured owner of an indebtedness se- cured by mortgage or deed of trust, to pay such insured the indebtedness of the mort- gagor or trustor under said mortgage or dead of trust, together with all coats which the Company is obligated hereunder to pay, in which case the Company shall become the owner of, and such insured shall at once assign and transfer to the Company, said mortgage or deed of trust and the in- debtedness thereby socured, and such pay- ment shall terminate all liability under this policy to such insured. 7. PAYMENT OF LOSS AND COSTS OF LITIGATION. INDORSEMENT OF PAYMENT ON POLICY The Company will pay, in addition to my loss insured against by this policy, all costs imposed upon the insured in litigation car- ried on by the Company for the insured, and in litigation carried on by the insured with the written authorization of the Company, but not otherwise. The liability of the Com. Pon under this policy shall in no case ex- ceed, in all, the actual loss of the insured and costs which the Company is ob- ligated hereunder to pay, and in no ease shall such total liability exceed the amount Of this policy and said costs. All payments under this policy shall reduce the amount of the insurance pro tanto, and payment of loss or damage to an insured owner of indebted - noss shall reduce, to that extent, the liabil- ity of the Company to the insured owner of said land. No payment may be demanded by any insured without producing this policy for indorsement of such payment. 8. MANNER OF PAYMENT OF LOSS TO IN- SURED Loss under this policy shall be payable, first, to ony insured owner of indebtedness secured by mortgage or deed of trust shown in Schedule C in order of priority thorein shown, and if such ownership vests in more than one, payment shall be made rat - ably as their respective interests may appear, and thereafter any loss shall be payable to the other insured, and if more than one, then to such insured ratably as their respective interests may appear. If there be no such in- sured owner of indebtedness, any loss shall be payable to the insured, and if more than one, to such insured ratably as their respec. tive interests may appear. 9. DEFINITION OF TERMS The following terms when used in this policy mean: (a) named insured ": the persons and corporations named as insured on first page of this policy; (b) "the insurod": such named insured together with (1) each successor in owner- ship of any indebtedness' secured by any mortgage or decd of trust shown in Schedule C, the owner of which indebtedness is named herein as an insured, (2) any such owner or successor in ownership of any such indebtedness who acquires the land de- scribed in Schedule B or any part thereof, by lawful means in satisfaction of said in- debtedness or any part thereof, (3) any governmental agency or instrumentality acquiring said land under an insurance can - tract or guarantee insuring or guaranteeing -aid indebtedness or any part thereof, and (4) any person or corporation deriving an estate or interest in said land as an heir or devisee of a named insured or by reason of the dissolution, merger, or consolidation of a corporate named insured; (c) "land ": the land described spoci$- cally or by reference in Schedule B and im- provements affixed thereto which by law constitute real property; (d) "date ": the exact day, hour and minute specified in the first line of Schedule A (unless the context clearly requires a different meaning): (e) "taxing agency": the State and each county, city and county, city and district in which said land of some part thereof is situated that levies taxes or assessments on real propert y; (1) public records ": those public rec- ords which, under the recording laws, im- part constructive notice of matters relating to said land. 18. WRITTEN INDORSEMENT REQUIRED TO CHANGE POLICY No provision or condition of this policy can be waived or changed except by writing in- dorsed hereon or attached hereto signed by the President, a Vice President, the Secretary, or as Assistant Secretary of the Company. 11. NOTICES, WHERE SENT All notices required to be given the Company and any statement in writing required to be furnished the Company shall be addressed to it at its home office at 530 West Sixth Street, Los Angeles 14, California. owe OMAL Wad jml• m n _ In a _. s ] Sc_� > o p a a" z w .". S' .7_ ryw c'< m T_a z _ n" f"° no p]' o ° z ^w> o;,no ] `s7sy� ct T' Ho =� n >n N ooe'c fDi o•'v> 3a• ^; n °SpC [tm o.:atl� p e.riGM oyo> o "z ° n e on oQ�m i Ip > .. .. O 7. m ° ,lam" P . N •• .. ] O d 'J .. m m .. T .� .. 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