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HomeMy WebLinkAboutD-411 Richard Street Recorded 10/28/1957W TOO 915 PACE,493 X11, 7TED STAPES LRTEItW,REV�� EDWARD J. RHYME and LILLIAN E. RHYME, husband and wife, For A Valuable Consideration, receipt of Which is hereby acknowledged, Do Hereby Grant To CITY OF SAN LUIS OBISPO, in the City of San Luis Obispo a municipal corporation, the real property /in the County of San Luis Obispo, State of California, described as follows: That portion of the South 1/2 of Section 36 in Township 30 South, Range 12 East, Mount Diablo Base- and Meridian, according to the official plat or plats of the survey of said lands returned to the General Land Office by the Surveyor General, described as follows: Beginning at a point on the Northwesterly line of County Road No. 321, as conveyed to the County of San Luis Obispo by deed dated September 5, 1946, and recorded in Book 424 at page 179 of Official Records which is distant South 300 411 West 633.71 feet, from the intersection of said Northwesterly line with the Southerly line of County Road No. 257 as shown on map recorded in Book 3, at page 34 of Record of Surveys; thence North 72° 001 Pest along the Southwesterly line of the land described as Parcel 2 in deed to the City of San Luis Obispo dated June 12, 1956 and recorded October 3, 1956 in Book 861 at page 498 of Official Records, 100 feet to the true point of beginning, said point also being the most Northerly corner of the land described as Parcel 2 in the deed to the City of San Luis Obispo dated July 26, 1956, and recorded July 30, 1956, in Book 856 at page 317 of Official Records; thence South 4- 30° 1 West along the Northwesterly line of the land last so described 232.50 feet; thence North 72° 001 West 23 feet; thence North 30° 411 East 232.50 feet to South- westerly line of the land described in the deed to the City of San Luis Obispo recorded in Book 861 at page 498 of Official Records as aforesaid; thence South 72° 001 East along said Southwesterly line 23 feet to the true point of beginning. Dated October 4, 1957 STATE OF (CALIFORNIA ) ( ss. COUNTY CF SAN LUIS OBISPO ) on Qntn'hr_r h- lQr,7 _ , before me, Jo Ann Neal a Notary Public in and for said County and State, personally appeared Edward J. Rhyne and Lillian E. Rhyne known to me to be the persons whose names subscribed to the within instrument and acknowledged that � t P o b c executed the same. WITNESS my hand and official seal. P� o ry eUblie in an r said oun y and Mare' r My Commission Expires Jund 2, 1958 �r so ) von 915 PAGE 494 `,MLUctCJ�Vy7LLyZ1 A�hMm yU IHij L7L,M'Z4i1N!G �Tl dt�c{SYag PU tHCHASE OF +'.'�- -ND a k3.h 4 BE IT RFsoLjTM by tits Cow.iui o.e tha City of San Luis MISPo e-0 fo110V0 u 1, Tl� t the .City Cleo k Jo h -,ruby authorized to purchase c+s - t,ain landa nd 111gL , �� Ze for the total p���i�:e 3 fs kt r d sctibe' faEdward d„ e prisms of 31.05,00.1-L. 2 o I'hAt the City Clerk is 3uur -,her authcrize to execcut a escrou mt;truc- tioajs nsee� ay to roc txi said land &nd is farther authoriza:d to recoi =d Board on bra&,,, of said City said deed. 3� Said land is described as followsc That portion of tba South 3,/2 of Section 36 in Tcrmship 30 Snathy Range East'. 11cunt Diablo Brien and Meridian., according to the official plat or plats of the sure of said lands returned to the General land Office by the Surveyor General described as follwa s Beginning at a poir_t on thee Vor�hwesterly line of Wmty Road No, 324 9 as coz.xeyed to the County of San Luis Obispo by deed dated September 5, 194+6., ound recorded in Book 424-at page 179 of official Records which is distant South 3& � asst 633 0 ; l feet fr m the intersection of said Northwesterly M-ze with the Southerly line of County Road Do. 257 as shown on map recorded An Book 3, aat pags 34 of Record of Suaveys; thence Forth 72 DOO West a10147 the SouthwevUr7ly Uns of the land described as Farrel 2 in deed to the City of San Luis Obispo dated June 12, 1956 and recorded October 3m 1956 In Book 864 at pace 498 of official Hecords, IM feet to the true point of beginnings said point 0.so being. tae most Norther)y corner of the lend described. as Parcel 2 in the deed to the City of Sun Luis Obispo dated July 26s 1956, rind recorded July 30p 1956., in Book 856 at page 317 of Official Recorda; thence South 300 41, West along the Worth-westerly line of the land last so described 232.50 .feat; the=e Worth 7e OOa West 23 feat; thence North 300 4118 Bast 2J2.50 feet to SoutImstorly line of the land described In the deed to the City of Sass luls Obispo recorded in Book 864 at page 498 of Official Records as aforesaid; thence South 720 008 Fast along said South - westerly Line 23 feet to the true point of beginnIngo PASSED ABED AD()pTM this 28th day of October v 1957, by fide roliowing moll call dote a AYES; Nels Beck, Kenneth W. Jones, Richard G. Sleight, J. Barry Smith, Fred H. Lucksinger 140F.39 None ABSU i s None _LsL Fred H. Lucksin�er Cr . 1. s AVEST _ZsL J. H. FitzR trick 0 ZE C `11 �3 tt� IVOL 915 PAGE495. rT„ H. Fitzpatrick, the duly ale ,- ted, qualified arc y ; .Ws City- Clarks of the City WE do seer -abyf certify that the foregoin.,g eor e,ct Copy of Resolution No.. 3D3.__ p=assed and adopter' by the Ccuncil of Obispo on the 28th day of Saar Luis Obispo � is a full., true and —t1957 Series) o the City of Nara Aber _ F '1957 WITNESS my hand and the flea' of ':,he City of Sen Luis Obispo this � 7th day of N�owember 9 1957 Document 14-1 3 T REQUEST ()F AT sE3 1�91fi1, PAST ANY �VOf� -Official Records P. 3 SAM LUIS OBISPO COUNTY# CALIF, NOV 12 1951 II_ wt- ndexed d OQt4r A f al P -118 (G.S.) (Rev. 3 -56) 6 -22 -56 Charge for Title Examination and Insurance $40.00 (A -1 • No. 50653 -SLO SECURITY TITLE INSURANCE COMPANY a California corporation, herein called the Company, for a 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 8 1, 500.00 , which the insured shall sustain by reason of: 1. Title to the land described in Schedule A being vested, at the date hereof, otherwise than as herein stated; or 2. Unmarketab'ility, at the date hereof, of the title to said land of any vestee named herein, unless such un- marketability exists because of defects, liens, encumbrances, or other matters shown or referred to in Schedule B; or 3. Any defect in, or lien or encumbrance on, said title, existing at the date hereof, not shown or referred to in Schedule B; or 4. Any 'defect in the execution of any mortgage or deed of trust shown in Schedule B securing an indebt- edness, 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 B, such mortgage or deed of trust being shown in the order of its priority in Part Two of Schedule B; all subject, however, to Schedules A, and B, and the Stipulations herein, all of which schedules and stipulations are hereby made a part of this policy. In witness whereof, Security Title Insurance Company has executed this policy by its author- ized officers as of the date set forth in Schedule A. Secretary President An Authorized Signature CLTA Standard Coverage Copyright 1950 P -118 -A (G.S.) (Rev. 3 -56) 6 -22 -56 SCHEDULE A 0 1. On November 12, 1957 at 8: 50 o'clock a..m., the title to said land is vested in CITY OF SAN LUIS OBISPO, a municipal corporation. Description of the land, title to which is insured by this policy, in the state of California, county of San Luis Obispo, That portion of the South half of Section 36 in Township 30 South, Range 12 East, Mount Diablo Base and Meridian, in the City of San Luis Obispo, according to the official plat or plats of the survey of said lands returned to the General Land Office by the Surveyor General described as follows: Beginning.at a point on the Northwesterly line of County Road No. 324 as conveyed to the County of San Luis Obispo by deed dated. September 5, 1946 and recorded in Book 424,, at page 179 of Official Records which is distant South 300 41' West 633.71 feet from the intersection of said Northwesterly line with the Southerly line of County Road No. 257 as shown on map recorded in Book 3, at page 34 of Record of Surveys; thence North 720 00' West along the Southwesterly line of the land described as Parcel 2 in.Deed to the City of San Luis Obispo dated June 12, 1956 and recorded October 3, 1956 in-Book 864, at page 498 of Official Records 100 feet to the true.point of beginning, said point also being the most Northerly corner of the land described as Parcel 2 in the deed to the City of San Luis Obispo, dated July 26, 1956 and recorded July 30, 1956-in Book 856,'at page 317 of Official Records, thence South 30° 41, West along the Northwesterly line of the land last so described 232.50 feet; thence North 720 00' West 23 feet; thence North 30 41, East 232.50 feet to the Southwesterly line of the land described in the deed to the City of San Luis Obispo recorded in Book 864, at page 498 of Official Records as aforesaid; thence.South 72* OW East along said.Southwesterly line 23 feet to the.true point of beginning. CLTA Standard Coverage Copyright 1950 P -118 =B (G.S.) (Rev. 3 -56) 6 -22 -56 SCHEDULE B • This policy does not insure against loss by reason of the matters shown or referred to in this Schedule except to the extent that the owner of any mortgage or deed of trust shown in Part Two is expressly insured in Para- graphs numbered 4 and 5 . on Page 1 of this Policy. PART ONE: This part of Schedule B refers to 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 said land, or by making inquiry of persons in possession thereof or by a correct survey. 4. Mining claims, reservations in patents, water rights, claims or title to water. 5. Any laws, governmental acts 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 zoning 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 restrictions, regulations or pro- hibitions. PART TWO: This part of Schedule B shows liens, encumbrances, defects and other matters affecting the title to said land or to which said title is subject: 1. General and special- County taxes of the fiscal year 1957 -58, covering property herein described and other property. Amount of first installment $24.86. Amount of second installment.$24.86.. Assessment No. .7225. 2. General and special City taxes of the fiscal year 1957 -58, covering property herein described and other property. Amount of first installment $9.00: Amount of.second installment $9.00. Assessment No. 4035. . . 3. A lien to secure a bond covering property herein described and other property, for Johnson Street et al., Project S -56 -1. Annual installments thereon are payable with the City Taxes. Amount due for the fiscal year 1957 758.. First installment $38.72. Second installment $38.72. 4. Rights -of way or easements for public or private roads or high ways across said property as the same now exist. 5. Any title or claim of interest.of the United States of America or the State of California or claimants thereunder based on the charge that said land was known to be mineral in character on March 10, 1890 the date the survey thereof was approved by the Surveyor General. CLTA Standard Coverage r _ C� y _ y 1 n a z > 9 X a o �.z d O C K7 � s � y t.� r v� CO 0o co � . a ..• C a �� cnO cn o cn co E� �o cs � N�� a cn �� �. °�M r.rri 05 (f yn M, "' O m"w�zc�omv CD k C. R w �O °w a�� w CCD �°aR-� ° n ° O 0 CD c'n� m S �� z 0 CJd Cd r: � � - -c - ` . 0 � z CD CD CD 0 CD S' fin io O O fP CO) a b� CO) CO) O ER rA co ' a C) bD v o 2c b � ~ 2E to z 00 rri �. o 2c go qzb. Cc CO2 CM CA C2 w O R1 Sn' O O A p O y� n N a w H R o C a CjG.O ,� T CD ��O CR vp'O O :34 !7 <O a,C� 0 i L C ., ., '+ w m O C° O O R .�. z C O O' n -4 ° CD C CD s S �^ n a z > 9 X a o �.z d O C K7 � s � y n I C c� � C z a d 3�� O O -3 n O :z C�+7 z z a 9 � . 0 � z n I C c� ,P- 118 -ST (G.S.) Rev. 8 -54 1. 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) defects, liens, claims, encum- brances, or other matters which result in no pecuniary loss to the insured; (b) defects,, liens, encumbrances, or other matters 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; (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 is ad- verse to the title as insured or which might cause 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 in 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, lien, 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- pany shall in no case prejudice the claim of any insured unless the Company 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 be 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 action 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 extent 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 carried on by the Company on behalf of the CLTA Standard Coverage Copyright 1950 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 pay this policy in full at any 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 subrogated to such rights, securities, and remedies in the proportion which said pay- ment 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. S. OPTION TO PAY INSURED OWNER OF INDEBTEDNESS AND BECOME OWNER OF SECURITY The Company has the right and option, in case any loss is 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 deed of trust, together with all costs 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 secured, 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 any 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- pany under this policy shall in no case ex- ceed, in all, the actual loss of the insured and posts which the Company is ob- ligated hereunder to pay, and in no case 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- ness 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 any insured owner of indebtedness secured by mortgage or deed of trust shown in Schedule B in order of priority therein 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 insured ": such named insured together with (1) each successor in owner- ship of any indebtedness secured by any mortgage or deed -of trust shown in Schedule B, 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 A 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 con- tract or guarantee insuring or guaranteeing said 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 specifi- cally or by reference in Schedule A 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 or some part thereof is situ- ated that levies taxes or assessments on real property; (f) "public records ": those public rec- ords which, under the recording laws, im- part constructive notice of matters relating to said land. 10. 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 an 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. o� _ __ _y �— ______ -®_ °I � �• of I v� I d L " I w r. Cam �0 !NI ��. =•_•_ r < mo ��jj n to Q -i N rr p of e I m /� F "This plat is for your aid in locating your land with reference to streets and other parcels It is not a survey. While this plat is believed to be correct, the Company assumes no liability for any loss occurring by reason of reliance thereon." SECURITY TITLE INSURANCE COMPANY i�/Ipr