HomeMy WebLinkAboutD-881 Street Widening-Foothill College Square Recorded 04/17/19720
m:
9
5
C
�m.
t7 �
STATE OF CALIFORtIiA-
COUNTY OF KtKiV SS.
0„--Apri1 14th, 1972 before me,
the undersigned, a Notary Public in and for said County and State,
Carl A. Steiner a
personally apeaa and
nd
Clara N. Steiner
known to me
to be the person S whose na-4 are .,,hyffibed to the
y ted the — execu
within instrument and acknowledged tha* the
aame.
Virginia Cummings
Name (Typed or Printed)
Notary Public in and for said County and State
FOR NOTARY SEAL OR STAMP
4., VIRGINIA CUMMINGS
NOTARY PUBLIC - CAL'FOF.NIA
PRINCIPAL OFFICE IN
KERN COUNTY `
MY COMMISSION EXPIRES JULY 13, 1973
Ou�
t>+M1665 ma 9 b2el
r RECOR6I4G REQUESTED P" -.
Security Title Ins. Co
AND WHEN RECORDED MAIL TO
NAME
City of San Luis Obispo
ADDRESS
Attn: Mr. Shaw
.STATE
Tr
L City Hall,
San Luis Obis o
®OC. NO. 1251
OFFICIAL RECORDS
SAN LUIS OBISPO CO., CALIF.
WILLIAM E. ZIMARIK,
COUNTY RECOROER
1APR241972
COMPAREa AIE /. .74°CA0?
o6344<24r' _--;
000000.00
0 RECR
66344a24P D00000.00ST
SPACE ABOVE THIS LINE FOR RECORDER'S USE -
MAIL TAX STATEMENTS TO
12ocu entary trans er..Wx - $- ..AQne..r-et�uited.. _ - -.
.NAME See above �omputed on full value of property conveyed, or
ADDRESS ❑ Computed on full value less liens & encumbrances
remaining thereon at time of sale.
clTr 8
STATE L I �.e
Signature of declarant or agent determining tax - firm name
❑ Unincorporated area 2<ity .0.
..- d /S ,0C)
L -1
Grant Deed I
THIS FORM FURNISHED BY SECURITY TITLE INSURANCE COMPANY
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
ERNEST J. STEINER, a married man, as his sole and separate property and
CARL A. STEINER and CLARA N. STEINER, husband and wife,
hereby GRANT(S) to CITY OF SAN LUIS OBISPO, a municipal corporation
the following described real property in the City of San Luis Obispo
county of San Luis Obispo , state of California:
Description attached as per EXHIBIT "A ", consisting of one page
Date April 12, 1972
_ STATE OF CALIFORNIA )
COUNTY OF Sacramento } SS.
On April 17, 197E before me, the under.
_ signed, a Notary Public in and for said County and State, personally
appeared
Ernest J. Steiner
v
known to me
to be the person -whose name 1S subscribed to the within
instrument and acknowledged that he executed the same.
Signature of Notary
Nita Coleman
Name (Typed or Printed) of Notary
Ernest t. Steiner
y I - -
Clara N. Steiner
FOR NOTARY SEAL OR STAMP
/ M1•i CG:;I;;;:3. " +t ^�i a -:nti> �'Cf. Ganjgr � "` i
Title Order No Escrow No. _
L -1 (G.S.) (Rev. 5 -67) 8 pt.
MAIL TAX STATEMENTS AS DIRECTED ABOVE - VOL 66S PnGE Q C7
G'►
i
f
W
J>
�Q
�a
}U
� w
0[ Q Ll
Cl
U�
W?
W
J>
�Q.
}o
w
Q Q
UN
?
Ul
W
—jZ
�_
<<
0
a
It
<
m
0
m
1�
[1]
a
r
W
Z
W
J
<
Z
J
O
u
U
W 0
U o
m
0
a
0
0
m
0
0
LL
¢ j
4
wo
<
o
W
J
F-1
U
m a
W U
0 m
O 0
r
J
W
�J`
�i
Q
LL
i S
—
U
_
;
W
J
W
m
0
U
O
m<
W
pZ
z
�..r
?
^
o
3
rrW^^
UJ
N
Z
<
m
o
J
°
z
<
�d
L
W
W
J>
�Q.
}o
w
Q Q
UN
?
Ul
W
J
�— Z
O
ir
A
0
a
_
a
<
<
W
0
0
C
2
W
J
z
0
>
W
J
7
<
-
Z
C
U
0
0
m
0
n
0
0
7F
w
LL
0
w
o
v
U
¢
I =
u
m
U
Z
f
0
m
0
f
m
J
W
Q
0
0
3
W
N
m
Y
<
°
z
<
�d
W
o
Q
m
UJ
ulZ
<
o
J
a
W
J>
�Q.
}o
w
Q Q
UN
?
Ul
LXkJ61 T
That portion of the Southeast Quarter of Section 22 in Township 30 South,
Range 12 East, Mount Diablo Base and Meridian, according to the official
plat of the survey of said land on file in the Bureau of Land Management,
described as follows:
Beginning at a post marked "H.1" said point being the Southeast corner
of the land described in the deed to Christ Steiner, et ux., recorded
in Book 25, Page 425 of Official Records, thence North 000 31' 45"
East, along the East line of the land described in said deed, 15.73
feet; thence North 890 35' 30" West 103.99 feet to a point on the Westerly
line of the land described in document recorded June 9, 1966 in Volume
1399, Page 282 of Official Records; thence South 120 46' 15" East along
said line 17.40 feet to a P oint on the Southerly line of the land
described in the deed to said Steiner; thence North 890 42, 45" East
along said Southerly line a distance of 100.00 feet to the point of
beginning.
r
NO
IL
VOL1665 PACE 10
ti.
U
CERTIFICATE OF ACCEPTANCE
*****srresrssss
THIS IS TO CERTIFY that the merest in real property conveyed
by the deed dated April 12, 1972 ,
19 , from Ernest J. Steiner, a married man, as his sole and
separate property, and Carl 1. Steiner and Clara N. Steiner,
husband and wife,
to the CITY OF SAN LUIS OBISPO, a Political Corporation, is
hereby accepted by the undersigned officer on behalf of the City
Council pursuant to authority conferred by Resolution No. 549
(1959 Series), recorded Ivy 26, 1959, in Volume 1002, Official
Records, Page 292, San Luis Obispo County, California, and the
Grantee consents to recordation thereof by its duly authorized
officer or his agent.
Date; April 17, 1972
ATTE,STf_ a
r
CITY OF SAN LUIS OBISPO
Z
i-�
END Of DOCUMENT LVOL1665 PAGE 11
I
..3" EC U R ITY TITLE
_- INSURANCE COMPANY
aeeuamr
n*� P.O. Box 11+5 San Luis Obispo OFFICE
City of San Luis Obispo
990 Palm Street
San Luis Obispo, Ca. 93401 Date April 25,':19,72
Re: Escrow No. 9184+ —de
Steiner
The above matter has now been completed and we enclose the following:
Escrow Statement
❑ Check in the amount of 8
❑ Copy of Letter of Transmittal on Fire Insurance
Policy of Title Insurance
❑ Trust Deed Note
Any recorded papers to which you are entitled will be mailed to you from the County Recorder's Office.
IF YOU ARE PURCHASING THE PROPERTY INVOLVED IN THIS TRANSACTION, AND THE PROPERTY
WAS PURCHASED SUBJECT TO ANY TAXES, THEY SHOULD BE PAID PRIOR TO DELINQUENCY T0,
AVOID ANY PENALTIES WHICH MIGHT ACCRUE.
We appreciate having been favored with this business. We trust that we may again have the pleasure of serving you, and will be
pleased to have you indicate this office as your preference in future transactions of this nature.
Very truly yours,
SECURITY TITLE
INSURANCE COMPANY
13 y' LG.-t.C.c/
Doris M..E'eckhout,
Certified Senior Escrow Officer
blr.
E -77 (G.S.) 4 -66
SECURITY TITLE INSURANCE COMRANY
aecuwlry i
rrte
STATEMENT OF ESCROW NO. 91844 -de i OFFICE San Luis Obispo
TO CITY OF SAN LUIS OBISPO DATE April 24, 1972
PROPERTY:
CHARGES
CREDITS
C.ommERATrox OR SALES PRICE
$ 8,752.00
S
Paid outside of Escrow
Deposits
,933-75
By First Trust Deed
By Second Trust Deed
PRO - RATIONS MADE AS OF
COMMISSION PAID TO -
i
POLICY OF TITLE INSURANCE
95,75 '
Transfer Tax Stamps
Recording Deed
Recording Trust Deed
Recording
Reconvevance Fee
EscRow FEE
Drawing Deed
Drawing ' t Deed
Balance due
Balance due you for which our check is enclosed
TOTALS _
8
$8,933.75
E -312 (GS)
i
BECUAITY
TILE /
CLTA -1963 STANDARD COVERAGE
AMENDED 1969
POLICY OF TITLE INSURANCE
issued by
SECURITY TITLE INSURANCE COMPANY.
Security. Title Insurance Company, a California corporation, herein called the Company, for a `valuable
consideration paid for this policy, the number, the effective date, and amount of .which are shown in
Schedule A, hereby insures the parties named as Insured in Schedule A, the heirs, devisees; personal,
representatives of such Insured, or if a corporation, its successors by dissolution, merger or consol-
idation, against loss or damage not exceeding the amount stated in Schedule A, together with 'costs,
attorneys' fees. and expenses which the Company may become obligated to. pay as provided in the
Conditions and Stipulations hereof, which the Insured shall sustain by reason of:
1. Any defect in or:lien or encumbrance on the title to the estate or interest covered hereby in the
land described or referred to in Schedule A, existing at the date hereof, not shown or referred. to
in Schedule B or excluded from coverage in Schedule B or in the Conditions and Stipulations;
or
2. Unmarketability of such title; or
3. Any defect in the execution of any mortgage shown in Schedule B securing an indebtedness, the
owner'of which is named as an Insured in Schedule A, but only insofar as such defect affects the
lien or charge of said mortgage upon the estate or interest referred to in this policy; or
4. Priority over said mortgage, at the date hereof, of any lien or encumbrance not shown or referred
to in Schedule B, or excluded from coverage in the Conditions and Stipulations; said mortgage
being shown in Schedule B in the order of its priority; .
all subject, however, to the provisions of Schedules A and B and to the Conditions and Stipulations
hereto annexed.
In fitness Whereof, Security Title Insurance Company has caused its corporate name and seal to he
hereunto affixed by, its duly authorized officers on the date, shown in Schedule A.
44(� A.
Secretary
P -218 (G.S.) ®st «o �nwMC. Canprp a um.¢a apimna rnam.a owMr.
0RgTfDi�
v � �9RCH.5
An I horized Signature
President
(Aagod stay jo aged i6e'I uo popn[auo:) pus panunuo:) suorlglndnS pug suoti!puo:))
aanauaq& •asodind qans aol pamsuj ay
}o aumu all 'uotldo si! In 'asn of ]! 1!m
-lad pun 'uruayl sleadde Ile pun 'gutpaaa
-old io uonae qans of asua}ap aprnoad
ao alnaasoad os of lygla ay a o1 aanoas
lleys pamsul aql 'gu!paamad ao uotlae
Aun }o asualap ayi ao} apreoad ao alrraa
-sold of Auadwo:) ay saatnbaa ao si!uuad
Aarlod stye aiaym sasea [[e uI (p)
•A011od styl. }o uoisrnoid
Aug aA!em ao A1!l!ge!! apaauoa Sgaiagl
IOU llnys pug .aapunwayl olgetl aq llugs
Ix IOU ao aaylagm Aatlod siq] to suual
ay - iapun uotlae aleudoidds Aug ajul
Agin Auedwo:) all pus : paansut se ageg
-110w aq1 10 uag ay] ao Isaaalut ao a]nisa
aqi to app all gsyquisa of ilgaalsap io
Aaassaaau aq Aew uoruldo sl! ur yoigm lue
iayio Aug op io gutpauoad ao u011ae Aug
ainuasoad pus ainipu! of IS03 umo si! is
team ay aney [Ieys kuudtuo:) ayy (a)
•aatpnfaad
vans }o ivaixa ay o] Ajuo uayl pun
am[!e} vans Aq paatpnfaid A[Ienlaa aq
11gys AuedmoD all ssalun paansul Aug
}o wrula all aatpn(aad asea ou u! lleys
-S}pou of aanl!a} lagl 'aanamoq `pap!A
-old :aleuluual pun aseaa lleys aaumm
io gurpaaaoid `uollan qans }o aallem
3aafgns all of panffiaa u! AuedwO:) ay1 }o
Aitl!gnq Ile uagi ,app to Aii[tgelalaswun
pawfela }o uoseai Aq uonaafaa qans Aug
}o Auedwo:) all Alpou Alidwoad 'gu,lum
u! 'IOU I[egs pamsul ay] I! io 'pains
-uI ay }o agpalmou3[ ay of awoa jleys
gatym ]sutsge pamsut aaueigwnaua ao
uarl ']aa}ap Aug )o Auedwo3 aqi A }nou
A-]dwoid 'gumam of 'IOU jlugs pamsul all
}1 ao sgulpeald io ssaaoid }o ]diaaai ay
}O sAep ual ulgl!m Aueduio� aqi o] uam2
aq Iou [lays aapou qans )l 'Junum u!
)Oaaayi AuudwoD ay] A}!lou Ilggs pamsul
aqi 'alyeialaemun se paiaafaa sr lsaaal
-u1 ao alulsa prus of alit] all Juana gans
Aug uu pug asggaand of sasn }u Aatlod
sryl Aq paaanoa agaguow it aapun alas
ainsoliaaol g in aapp!q In}ssuans aqi
}! ao 'awes all ageglaom ao asea[ `llas of
slauiiuoi ao saseal yitg} poop ui pamsul
us }! '10 'Aagod styi Aq paaanoa agey
-iaow a Aq paanaas ssaupaigapui ay pas oI
lasaluoa quel pool ur lleys pamsul aqi I!
ao 'Sal
od sty3 }o anpun Aq a[geq aq Aew
ao Iings AuedwoD aqi yatgm ioj ageuinp
ao ssol asm) 7y2frw gaigm ao 'pamsut se
ageglaom aql }o uaf[ ao lsaaalur ao aielsa
aql }o ally aqi of asaanpg sf yatym lsaaal
-u! ao alln ;o 91=13 Aug to pamsyl all
of awoa llegs agpalmou>t am ut ao ' pasod
-aaluf asua}ap ao 'unSaq aq lleys'gutpaaa
-old ao uotlae qans Aug asua ul (q)
-laosaa isel to unoa ay u! uoileuf
- uualap latu of norlggnrl Aue ansind Am
pue 'Aagod -stet Aq ISUTU29 pamsut aausaq
-mnaua ao uag 'laa}ap paga[[e us uodn
papuno} s, sivana vans }o Aug ui uoim
ao uopegnil gatym 'pamsut se a2u2vow
ay to uag ay] io isaiami ao aleisa ay] }o
alit
l ay ysggeisa o] aisudoidde oq .fain
se uomu vans ao} (Z) io :pual p!ns ut
isaaaluf 10 aleisa ay }o alas u ao Aollod
sly] Aq PQIQA03 ssaupalgapur pun agegliow
aq1 }o ales io amsolaaao} a Isulegg pasod
-aaluf suopaunful ao slaplo Sutu!saisaa
'sasua}ap ao 'paansul ay] isutnga paauaa
woo sgu!paaaoad io suollae to gupsfsuoa
uollegnll Ile ut paansul ay] }o asua}ap aqi
aol.(I) aprAoad llugs Aalap anpun lnogjpA
pug isoo umo 91! In 'Auedwo:) aqy (a)
paansul aqi Aq
uaA!a aq of tumij 3o aanolil - suotl
-ad 3o uo!lnaasoid pug asua3aa •i,
,Mal aeptuls ao „guipual u! ylnil„
',,uopaaload uaaaa iawnsuoo„ Auy (l)
agpa[mou>f ]noylrm
anleA aol iaaugagmnaua io iassyoand g
aaam pamsul ay] }! poutelsns uaaq aney
IOU pinom yafym agewup 10 sso•I (a)
•}oaaaq a]ap aql o] ]uanbasgns paieaaa
ao gu!yanlle ([,) a0 :iuemlel:) paansul
ayi of sso[ ou of dupInsai (£) io :Aollod
sigl }o aiep ay] o1 ioud Auedwo3 ayi of
apgw uaaq aney llsys paansul ay] Aq gut
-]IoM m }oaaayi ainsolasrp ssalun 'spioaai
allgnd ay Aq umogs IOU pue Aoilod sty] Aq
paansut ]saialui io aleisa up paafnbue lug
-w[gl:) paansul qans aiep ay in ao Aatlod
stgi }o aiep ay] in iayi!a mewtalD paansul
ay] o] umouil (Z) 10 :agawgp 10 ssol gut
-wlnla paansul all Aq o1 paaage ao pawns
-se 'paaagns 'paieaaa (l) siamw aay]o
ao pamsut se apl] ayi isulegg smfgja asaaA
-pn 'saauujgmnaua 'suall Swa }au (p)
•utaaay papnlaxa ao paidaa
-xa asrmaaylo ssalun 'sAumgBty ao siaaais
qans }o auo o] ssaaae ao} saaumo 5upinga
}o slygu Aaeulpao ay] saansui Aarlod stgl
sAgmygly ao s]aaais uado AlleafsAyd aiow
ao auo uodn singg puul ay] I! my idaaxa
'pamsut ale s]uawasea ao siygta 'A]aadoid
yans isyl sipleoid A[lgogtoads Aagod
sryl ssalun utaiayi sivawasua .10 siygla Aug
10 :Iuawanoadwt ao aan]anus aayio Aug
ao sduaw 'slauunl 'slingA utaaaq] ufgiu!gw
o] ]yap ay] io 'singg pugl qans yalym
uo sAemaaiem io s6em `sauel `sanuana
'spgoa 'slaaals o1 alip ao 'y alnpayaS
ut paquosap Alssaidxa puel ay] to sauq
ay] puoAaq Auadoid Aug o] ap!,l, (a)
• }oaaaq algp ay in sp1033i oilgnd ay]
ui saeadde s:Ul ti qans }o asroaaxa ay] }o
aauou ssalun urgwop ]uaulwa io aamod
aatlod }o sigiii luivawuaanOf) (q)
•pull 3o [auasd
ao 101 Aug to gain ao suofsuawrp ay] ur
uonanpaa .e io digsaaumo u! uoiivivdas g
gupiRtloid io 'pugl p!es no paieaaa aai}e
-aiay io moo ivawanoadwt Ann JO uollgaol
ao 'suotsuawrp 'ialaemya ayi gu!luingaa ao
'puel aq; to luaw6o111a ao asn `Aousdnoao
all gup!q!goad ao lurlelaw ao gupalnsaa
(saauaurpao gu!um pun gu!p[!nq of pal!
wg lou lnq 2 ronlow) uopelaw Imam
- uaanog ao a3ugufpi0 'maI Auy (g)
:gulmollo} atp }o uosgaa Aq aMump TO
ssol isufege aansur IOU swop Aarlod slq.L
ta!lod styli
3o a9uaaeo3 aqi tuoi j suo!snlaxg •£
•}oaaag suonslndps pun suollfp
-UO3 ay }o Ile of ]aafgns 'Al!lsivawnalsur
ao Aauage 'paansul qans Io cone} ut aaao}
of anutiuoa Ilggs Aatlod s!g7 `loaiay lied
Aug ao `Aatlod slgl Aq paaanoa aggglaow e
Aq paanaas ssaupalgapul ayi yulaalueaeng
ao gutmsut Alueaerrg ao loealuoo aauems
•u! us' }o aauanbasuoa it so 'joaaagl lied
Aue ao 'lsaaalur ao aieisa� p!as salmbag
Aif[eluawnalsut ao Aauagg [eaapa} U I!, ao
'}oaaayl laud Aus ao 'ssaupalgapur p!gs to
uotlae }spas ut aauuew legal aayio io a[es
s,aaisnu 'ainsolaaao} Aq '}owagl ugd Aug
ao `lsaialul ao aleisa pees saalnbas g aln
- payaSItu.paq!aasap.agegliow a Aq palnaas
ssaupalgapur ay }o aaumo pamsut up }j
0111L 30 uoil!smbav aaiju slgauag •y
}oaaay suolstnoid aqi of asim
-aayio laafgns 'IOU io utaaay paansul up
SR paweu aayiaym '}oaaayl lied Aug ao
'ssaupaigapuf ptes gutaaimmu l ao gutinsui
A]uelung ao lasaluoa uuemsur us aapun
ioluviung ao aainsui up si gargm Able]
- uawnilsui ao Aauage Islam Aug (£) pug
'ssaupaigapu! p!us }o uonog}snes ut eau
-uew legal aaglo ao 'ales s aalsml 'ainsola
-ago} Aq Aatlod stye ui o1 paaaa}aa lsaialur
io aleisa all sumbae oym aaumo qans
Aug (Z) `ssaupalgapur gans }o dtgsaaumo
or isaaalut ut aossaaans Yana (l) opnlaut
Ike pamsul ay 'y alnpayaS ut paansul
us sg pauleu sl g alnpayaS ur umogs
agag]aow g Aq pamoas .ssaupaigapu! all
}o aaumo ay1 I! pue 'pamsul se paweu
sailasd ao Aued all :,,pamsut„ (l)
pue !sluaw
- nilsut A]!inaas aayio ao 'poap isnil 'isms
}o paap `agsguow :,agggliom„ (a)
:aiep annaalla ayi :,,algP„ (p)
apioaaa oggnd Ano }o
uoseaa Aq paansul aqi o] paindm! aq Aew
yargm aopou io agpalmoul anrianusuoa IOU
'aepalmornl pintas : ,agpalmouil„ (a)
:puel pigs o] guriglaa seal
-Jew }O 0311OU aAn3U11SU03 Iagdmr garllm
spioaai asoyi spioaaa arlgnd„ (q)
:Alaadoid [gal alnl!lsuoa mul
Aq gotgm omaaagi pax!p s]uauiaeoadwt pue
V alnpayaS ur aauwajal Aq TO AIIBOg!0
-ads 'pagpasap puel all :,,pugl„ (g)
:usaw Aatlod
stye at pasn uagm smia] gutmollOJ aq,L
smaaL 3o uolllug3G •1
SNOI, V IfIdI,LS (INV SNOIIIQNOD
P -218 -A (G.S.) Rev.
California Land Title Association
Standard Coverage Policy Form ,
Copyright 1963 --
1111 4
SCHEDULE A
Effective Amount of liability: $ 8, 75 2. 00
Date: April 24, 1972 at 1:25 p.m.
INSURED
CITY OF SAN LUIS OBISPO
Policy Not 91844 -SLO
Premium $ 98-75 (A-2 -a)
1. The estate or interest in the land described or referred, to in this schedule covered by this policy is:
A fee.
2. Title to the estate or interest covered by this policy at the date hereof is vested in:
CITY OF SAN LUIS OBISPO,
a municipal corporation.
3. The land referred to in this policy is situated in the State of California, County of San Luis Obispo
and is described as follows:
That portion of the Southeast Quarter of Section 22 in Township 30
South, Range 12 East, Mount Diablo Base and Meridian, in the City of
San Luis Obispo, County of San Luis Obispo, State of California,.
according to the official plat of the survey of said land on file in
the Bureau of Land Management, described as follows:
Beginning at a post marked - "H.1" said point being the_Southeast corner of
the land described in the deed to Christ Steiner, et ux., recorded in
Book 25," page 425,of Official Records, thence North 000 311 '45 "'East,
along the East .line of the land described in said deed, 15.73 feet;_thence
North 89° 35' 30" West 103.99 feet to a point on the Westerly line of the
land described in document recorded June 9, 1966 in Volume 1399, page 282
of Official Records; thence South 120 46' 15" East along said line, 17.40
feet to a point.on the - Southerly line of the land described in the deed
to said Steiner; thence North 89° 42''45" East along said Southerly line
a distance of 100.00 feet to the point of beginning.
P -218-S (G.S.)
California Land Title Association
Standard Coverage Policy Form
Copyright 1963 i
I
SCHEDULE B
This policy does not insure against loss'or damage by reason of the following:
PART I
1. Taxes or assessments which are not shown as existing liens by the records of any ,taxing authority that levies
taxes or. assessments on real property or by the public records.
2. Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained
by an inspection of said land or by making inquiry of persons in possession thereof..
3. Easements, claims of easement or encumbrances which are not shown by the public records.
4. Discrepancies, conflicts in boundary lines, shortage in area. encroachments. or anv other facts which a correct
survey would disclose, and which are not shown by the public records.
5. Unpatented mining claims; reservations or exceptions in palenls or in Acts, authorizing the issuance thereof;'
water rights, claims or title to water.
PART If
1. General and special taxes for the fiscal year 1972 -73, now a
lien,'but not yet due and payable.
2.. A Waiver in favor of the State of California of any claims for
damages to said land stated herein, contained in the deed.;
Recorded July 15, 1941 in Book 303 at page 90 of.
Official Records
Executed by Christ Steiner, et ux.
Reason : Location,-construction, landscaping and
maintenance:
Affects That portion of the herein described property
contiguous to said.freeway.
�cn
u)
cn
m
ID
Il
-+
m
z
m_
D
n
r-
Z
m
;K
_
X
r.
to
-t
m
O
O
�LIP)
_n
m
p
-<
z
o
0
Q
�
T
V
to
0
q�
i
j
ti z
7I fE� I
I
I
Il
q�
i
j
ti z
7I fE� I
I
I
ml z
r
1a D .e
N,
OI� a
LA
n
� O O
C.
1 � w
�a
m
z
m
0
w
W
o,
O
(a
:y
68 C)
r
M
Z n
� z =`
m cn Ci
= z
N � N
ITS N
D W
� O
O
2
W
I � N
r-
r
I o
i
R7
ml z
r
1a D .e
N,
OI� a
LA
n
� O O
C.
1 � w
�a
m
z
m
0
w
W
o,
O
(a
:y
68 C)
r
M
Z n
� z =`
m cn Ci
= z
N � N
ITS N
D W
� O
O
2
W
CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face)
requested by the Company the Insured
shall give the Company all reasonable
aid in any such action or proceeding, in
effecting settlement, securing evidence,
obtaining witnesses, or prosecuting or de-
fending such action or proceeding, and
the Company shall reimburse the Insured
for any expense so incurred.
5. Notice of Loss - Limitation of
Action
In addition to the notices required under
paragraph 4(b), 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 dam-
age shall have been determined and no
right of action shall accrue to the Insured
under this policy until thirty days - after
such statement shall have been furnished
and no recovery shall be had by the In-
sured under this policy unless action shall
be commenced thereon within five years
after expiration of said thirty day period.
Failure to furnish such statement of loss
or damage, or to commence such action
within the time ' hereinbefore specified,
shall be a conclusive bar against main-
tenance by the Insured of any action
under this policy.
6. Option to Pay, Settle or Compro-
mise Claims
The Company shall have the option to
pay or settle or compromise for or in the
name of the Insured any claim insured
against or to pay the full amount of this
policy, or, in case loss is claimed under
this policy by the owner of the indebted-
ness secured by a mortgage covered by
this policy, the Company shall have the
option to purchase said indebtedness; such
purchase, payment or tender of payment
of the full amount of this policy, together
with all costs, attorneys' fees and ex-
penses which the Company is obligated
hereunder to pay, shall terminate all
liability of the Company hereunder. In
the event, after notice of claim has been
given to the Company by the Insured, the
Company offers to purchase said indebt-
edness, the owner of such indebtedness
shall transfer and assign said indebtedness
and the mortgage securing the same to the
Company upon payment of the purchase
price.
7. Payment of Loss
(a) The Liability of the Company
under this policy shall in no case exceed,
in all,. the actual loss of the Insured and
costs and attorneys' fees which the Com-
pany may be obligated hereunder to pay.
(b) The Company will pay, in addition
to any loss insured against by this policy,
all costs imposed upon the Insured in
litigation carried on by the Company for
the Insured, and all costs and attorneys'
fees in litigation carried on by the Insured
P -218 (G.S.)
with the written authorization of the
Company.
(c) No claim for damages shall arise
or be maintainable under this policy (1)
if the Company, after having received
notice of an alleged defect, lien or encum-
brance not excepted or excluded here-
in removes such defect, lien or encum-
brance within a reasonable time after
receipt of such notice, or (2) for liability
voluntarily assumed by the Insured in
settling any claim or suit without written
consent of the Company, or (3) in the
event the title is rejected as unmarketable
because of a defect, lien or encumbrance
not excepted or excluded in this policy,
until there has been a final determination
by a court of competent jurisdiction sus.
taining such rejection.
(d) All payments under this policy,
except payments made for costs, attorneys'
fees and expenses, shall reduce the amount
of the insurance pro tanto and no payment
shall be made without producing this
policy for endorsement of such payment
unless the policy be lost or destroyed, in
which case proof of such loss or destruc-
tion shall be furnished to the satisfaction
of the Company; provided, however, if
the owner of an indebtedness secured by
a mortgage shown in Schedule B is an
Insured herein then such payments shall
not reduce pro tanto the amount of the
insurance afforded hereunder as to such
Insured, except to. the extent that such
payments reduce the amount of the in-
debtedness secured by such mortgage.
Payment in full by any person or voluntary
satisfaction or release by the Insured of
a mortgage covered by this policy shall
terminate all liability of the Company to
the insured owner of the indebtedness
secured by such mortgage, except as pro-
vided in paragraph 2 hereof.
(e) When liability has been definitely
fixed in accordance with the conditions
of this policy the loss or damage shall be
payable within thirty days thereafter.
8. Liability Noncumulative
It is expressly understood that the
amount of this policy is reduced by any
amount the Company may pay under any
policy insuring the validity or priority of
any mortgage shown or referred to in
Schedule B hereof or any mortgage here-
after executed by the Insured which is
a charge or lien on the estate or interest
described or referred to in Schedule A,
and the amount so paid.shall be deemed
a payment to the Insured under this policy.
The provisions of this paragraph num-
bered 8 shall not apply to an Insured
owner of an indebtedness secured by a
mortgage shown in Schedule B unless
such Insured acquires title to said estate
or interest in satisfaction of said indebt-
edness or any part thereof.
9. Subrogation upon Payment or
Settlement
Whenever the Company shall have
settled a claim under this policy, all right
of subrogation shall vest in the Company
unaffected by any act of the Insured, and
it shall be subrogated to and be entitled
to all rights 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 pay-
ment does not cover' the loss of the In-
sured, the Company shall be subrogated to
such rights and remedies in the proportion
which said payment bears to the amount
of said loss. If loss should result from
any act of the Insured, such act shall
not void this policy, but the Company, in
that event, shall be required to pay only
that part of any losses insured against
hereunder which shall exceed the amount,
if any, lost to the Company by reason of
the impairment of the right of subrogation.
The Insured, if requested by the Company,
shall transfer to the Company all rights
and remedies against. any person or prop -
ea necessary in order to perfect such
right of subrogation, and shall permit
the Company to use the name of the
Insured in any transaction or litigation
involving such rights or remedies.
If the Insured is the owner of the in-
debtedness secured by a mortgage covered
by this policy, such Insured may release
or substitute the personal liability of any
debtor or guarantor, or extend or other-
wise modify the termi of payment, or
release a portion of the estate or interest
from the lien' of the mortgage, or release
any collateral security for the indebted-
ness, provided such act does not result
in any loss of priority of the lien of the
mortgage.
10. Policy Entire Contract
Any action or actions or rights of action
that the Insured may have or may bring
against the Company arising out of the
status of the lien of the mortgage covered
by this policy or,the title of the estate or
interest insured herein must be based on
the provisions of this policy.
No provision or condition of this policy
can be waived or changed except by
writing endorsed hereon or attached here-
to signed by the President, a Vice Pres-
ident, the Secretary, an Assistant Secre-
tary or other validating officer of the Com-
pany.
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 the office which
issued this policy or to its Home Office.
13640 Roscoe Boulevard, Panorama City,
California 91409.
12. THE PREMIUM SPECIFIED IN
SCHEDULE A IS THE ENTIRE
CHARGE FOR TITLE SEARCH,
TITLE EXAMINATION AND TITLE
INSURANCE.
r
m
s
�
a
s
2
0
A
s
Z
Ql
Z'
T
U
E
m
[ O f'1
D C
ff1'
UJ
O
_
Dm�_
00
A
c
ion
O.c m
o�
7
m'
a°
A
m°
<r
ill
m
_
a
m
m.
cn
zm
�0
DC
Q D
m�
n �
0
D
<r
m
CLTA -1963 STANDARD COVERAGE
AMENDED 1969
POLICY OF TITLE INSURANCE
issued by
I
SECURITY TITLE INSURANCE COMPANY
Security, Title Insurance Company, a California corporation, herein called the Company; for a valuable
consideration. paid for this policy; the number, the effective date, and amount of which are shown in
Schedule A, hereby insures the parties named as Insured in Schedule A, the heirs, devisees, personal..
representatives of such Insured, or if.a corporation, its successors by dissolution, merger or consol-
idation, against loss or damage not exceeding the amount stated in Schedule A, together with costs;
attorneys' fees and expenses which the Company may become obligated to pay as provided • in the "
Conditions and Stipulations hereof, which the Insured shall sustain by reason of:
1. Any defect in or lien or encumbrance on the title to the estate or interest covered hereby in the
land, described or referred to in Schedule A, existing at the date hereof, not shown or referred to
in Schedule B or excluded from coverage in Schedule B or in the Conditions. and Stipulations;
or
2. Unmarketability of such title; or
3. Any defect in the execution of.any mortgage shown in Schedule B securing an indebtedness, the
owner of which is named as an Insured in Schedule A, but only insofar as such defect affects the
lien or charge of said mortgage upon the estate or. interest referred to in this policy; or
4. Priority. over said mortgage, at the date hereof, of any lien or encumbrance not shown or referred
to in Schedule B, or excluded from coverage in the Conditions and Stipulations, said mortgage
being shown in Schedule B in the order of its priority;
all subject, however, to the provisions of Schedules A and B and to the Conditions and Stipulations
hereto annexed.
In Witness Whereof, Security Title Insurance Company has caused its corporate name and seal to be
hereunto affixed by its duly authorized officers on the date shown in Schedule A.
Rome"
P -218 (G.S.) - ®sw «o inurrm. canor�r a A�wu�. Rp�rtrw rnaww� w.r..
%%P08AjE
;Z'-.MARCH. 5. IS%
FOA��
An A;orized Signature
President
( fagod slgj, jo aJpd Iserj no papnlouo:) pup panutiuo:) suotlpindpS pup suoti!Puo:))
aaeauag& 2sodand vans aol paansul ayI
jo Otago atp 'Uorido syt ill •asn of It I!w
-aad pug 'uraaagl sluadde Ile pup 'Jurpiaa
-old ao uotion qans ut asuajap aptnoad
ao ainaasoad os of 1g2u aql 1! of aanaas
hugs pamsul ayi 'JUtpaaaoid io uopae
dug jo asuajap ay aoj ap!Aoid io alma
-said o1 fuedwo:) atp sailnbaz ao sip uad
Aitlod sryi aaagm sasua Ile uI (P)
•Aatlod stye jo uotsteoid
Aug amum ao Algtgeq apaauoa dgaaayl
IOU lleys pug aapunaaayi alge1l aq hugs
it Ion io iayiagm fatlod sigi jo smal
ayi aapun uotiae aleudoiddu Aue a>fel
few Aupdwoo ay pull ! paansur se afts
-t.tow aqi jo uatl aqi ao Isaaatul ao alulso
ay jo app ay gsgqeisa of olgaatsap ao
Aaessaoau iq .Sew uolurdo si! ui yatgm lap
aaylo Aug op ao Jutpaaaoid ao not Aue
ainaasoid pup almpsul of isoa unto st! Ie
igVu ay angq llegs AupdwoD aqy (a)
•aaipnfaad
vans jo wama ay o1 Alm uogl pup
aanl!pj vans Aq paalpnfaad Allenioe aq
lleys Aupdwo:) ayi ssalun paansul Aug
jo wtelo ayI aalpnfwd asea ou u! Ilpys
Ajnou of aanl!ej ipgl 'aaAamoq 'paprA
-Old :aleuluuai pug aSe2a Mugs aanew
to JUtpaaawd 'uoil3a vans jo 1allum
laafgns ay of piuVai u! Augdwo:) ay] jo
fotllqull Ile uayi 'ally jo Aiglqulaluewun
paw!ela jo uoseaa Aq uopaafai vans Ann
jo AuudwoD ay] Alpou Alidwoad 'Jupum
ui 'iou llpys pamsul ayi jr ao 'pains
.ul ay jo aJpalmouil aqi o1 awoa lleys
yarym isuiuJe pamsul aaueagwnaua ao
nail 'laajap Age jo Auudwo:) atp fjpou
A-1dwoid 'Juntam u! 'IOU llegs paansul aqi
ji ao sJutpeald ao ssaaoad jo idlaaaa aqi
jo sAep uai unp!m Auedwo:) ay of uaAlJ
aq iou (legs Oapou qans jl •Jurlum ur
joaaayi AuedwoD ay fjpou lle11s paansul
aqi - alqulailivulun su paioafai si isaial
-Ut ao atelsa pigs of 2pp ayi IuaAa gans
Aug ux pup aspgaand o1 sasnjaa fatlod
stye Aq pazaeoa aft2vow p aapun ales
ainsolaazoj g iv aapp!q lnjssaaans aqi
j! io 'auras aqi aJuJiaow ao aseal .[lag of
siaeatuoa io saseal yuuj pool ut pamsuj
up jr 'ao •Aagod slyi Aq paaa.toa Qftl
-now a Aq painaas ssaupaigaput aqi Ilas of
iaeimoi yltpj pool ui hags pamsul ayi j!
ao ' Aagod sryi jo anulA Aq algeq aq 6gw
ao llpgs Auedwo:) ayi yatgm aoj a9ewep
ao ssol osnea IgJlw gatgm ao •pamsut se
aSpJUOw ayi JO uaq ao 1S21alU1 ao aletsa
aqi jo allp aqi of asaaApe si gatyA iswai
-ut ao app jo swlula Aug jo pamsul ayI
of awoa Ilggs aSpalmowl asea u! ao ' pasod
-aalul asuajap io 'un9aq aq Ilpys.Jurpaaa
-old ao uopas qans fop asea uI (q)
•taosaa Isel jo tanoo ayI ur Uorieu!
uuaiap Isutj of uonaJpg
Any 2nsand Agin
pus ' Aagod srgl fq istnuft pamsut aoupaq
-wnaua ao uall 'loajap paitalle up uodn
papunoj si sivana vans jo fug uu uotla8
io uopBJp!I galgm 'paansut su aivivow
ay jo ua!l ay TO isaaaiui ao alelsa ay jo
app aqi gs!lquisa of aieudoaddp aq fpw
se uopoe Bans aoj (z) io :puul pips ut
isaiaiul ao alulso ayi jo ales B ao Aatlod
sryi Aq PQIOA03 ssaupaigaput pup OuVuow
atp jo ales ao oansojaaaoj B Isuleft pasod
-aalut suopounfur .to 'siapao JUIUIealsaa
' sssuajap ao 'paansul ay isuruft paoaaa
wog sJutpoaaoad ao suopoe jo JUnSisUOa
uolie8pg Ile uu pamsul ay jo asuajap ayi
aoj (l) aptAoid Uugs Aelap anpun inogz!A
pup isoo umo si! m 'Augdwo:) oqy (e)
paansul aqi .(q
uaAtf) aq of wim'D jo aatloN - suoil
-ay jo uollnaasoad pug asuajaQ 3,
•AeI aul!wrs ao •,2uipual ut yinai„
%yopDamd npaaa aawnsuoa,, fug (j)
•a9papmoul Inoyl!A
anIBA aoj iaaunigwnoua ao aaspyaand B
aaam paansul ay j! pauleisns uaaq angq
iou pinom yarym aJewep ao sso-1 (a)
•joaaay aisp ay of ivanbasgns paieaaa
ao Jutgapne (y) io :iuuwtgl:) pamsul
ay of ssol on ur Jupinsai (g) ao :Aogod
stye Io amp aqi of loud fuedwoD ay 01
apew uaaq anpq Ileys paansul ay Aq Jut
-tuA ur joaaayi ainsolostp ssalun ' spaoaaz
atlgnd ay fq umogs iou pup Aatlod s!yi Aq
paansut iswaiut ao atelsa no paambop 1u8
w.IZ) paansul qans aisp ay in io Aatlod
stye jo aipp atp Ill aagi!a wew!8ID paansul
aqi of uAOUiI (z) ao :28ewpp ao ssol JUT
-wtgla paansul ay Aq of paaa8e ao pawns
-se •paaajjns 'paiBaaa (l) saaugw aayio
ao painsur se app ay isurp9B swrpla as.raA
-pe 'saaueagwnaua 'snag 'slag JQU (p)
•Urazay papnlaxa ao paidaa
-xa as!maagio ssalun 'sfemgAtq io siaaiis
gans jo auo of ssaaop aoj saaumo Jupinge
jo s1yJu Aieu!pao ay saansul Aatlod sryi
sfemgJtq ao siaaais uado Alleaisfyd glow
ao auo uodn sing8 pugl atp ji wyi 7daaxa
'paansut ale swawasea ao s1gJu 'Alaadoid
gans wyi sap!Aoad fllpaljtaads fatlod
sty ssalun uraiayt sivawasea io siyJla Aug
ao :ivawanoadwr ao aanlanals aaglo Age
ao sdwpa 'slauum 'silnpA u19121P utpiutew
of lyJra ay ao 'singe pupl gans yargA
UO SABA1018A 10 SABA 'S2U81 'S2nuaAe
'speoa 'staaais m app ao 'y atUPagaS
u! paquasap Alssaadxa pual ay jo saug
ay puofaq fuadoad Age of aptj, (a)
•joaaay amp aqi ill spaoaaa atlgnd ay
ut sapadd8 siyJU qans jo astaaaxa ayi jo
aapou ssalun utewop mauttua ao aamod
aogod jo singe IBluawua2A00 (q)
•puet jo lawnd
ao 101 fur: jo pale ao suolsuawtp ayi u!
uoponpaa a ao dtysaaumo ui uotipapdas p
Juu!gtgoid ao 'puel pigs no paiaaaa aaiju
-aaay ao Aou luawanoadwt Age jo Uopeaol
ao 'suotsuawlp 'aalaeaeya ay Jupelneai ao
'puel ay jo woulAofua ao asn 'Aauedn000
atp Juti!q!goad ao 2ul1eln8aa ao Jupotalsaa
(soaueurpao Jutuoz pup eutpltnq of pal!
-wtI IOU 1nq Jmpnlaut) uopeln8aa Imuaw
- uaaeOJ ao aaueutpao 4AVI Soy (a)
:Julmolloj aqi jo uoseaa fq aeBwep ao
seol lsute8e aansu! iou swop Aogod slgy
Wgod s. p
jo aBeaaAo:) aqi woaj suoisnlaxd 'g
• joaaay suoppindns pue suolllp
-uoa ayI JO Ile oI iaafgns •,iltleluauuujsul
ao AauaBe 'pamsul vans jo JOABJ ul aaao}
ur anupuw lIvgs Aatlod sly 'joaaayl ued
foe ao 'Aatlod slgl Aq paianoo 2ftSwow B
fq Palmas ssaupaigaput aqi JutaaiupapnJ
ao Juunsut f3u8a8nh to ioeamw aauBans
-ut us jo aouanbasuoo a se 'joatayl ued
Aug ao 'isaaaiui to alelsa pies swinbae
filleluawnalsut sO fouaBB I8aapaj B jl ao
'joazaip ued .(ue io 'ssaupaiqapur pies jo
uopapjspps UT Iauuew IBJaI aaylo ao ales
soaisnai 'amsoloaaol Aq •joaaayl ued Aug
io •isaaalut ao aialso pies saarnboe g aln
-payaS u! paquosap a982uow B Aq pumas
ssaupalgapul ay jo aauAo pamsut up jl
slily jo uotitstnbay aaije sigaua8 'y
•joaaay suo!stAoid atp of ostA
-aayio laafgns 'loo io utaaay pamsul up
SR pan= aaglagA 'jowayl iced fug ao
' ssaupaigapu! pies 8ulaaiuBaen2 ao Juunsul
Alueaen9 ao iounuoa Oaueinsui up aapun
aolupaBnJ ao iwnsul u8 st galgm Aigin
- uawnaisut ao AauaSB 1paapaj fug (g) pup
' ssaupaigaput pigs jo uoriaejspes ul aau
-new lBJal aaglo so •alas s aalsnal 'ainsolo
-aioj fq fatlod sup ut of paaaajaa Isaaalui
io at81sa ayI saambae oqm aauAo qans
foe (z) • ssaupaigaput qans jo dlysaaumo
UT Isaaalut u! aossaams yoga (I) apnloui
llegs paansul aqi 'y alnpagaS ui paansul
uu se paweU st g alnpagaS ur umogs
a882uow u Aq Palmas ssaupaigaput atp
jo aaumo aqi jt pup 'paansul se paweu
sapaed ao Aued ayi :,,pamsut„ (j)
Pug :siUaw
-natsat fltmoas aagio ao 'paap lsnal •isnn
jo poop 'aWiaow :,o2v2vow„ . (a)
:step anpaajja aq1 :,QIUP„ (P)
:spiwai atlgnd Age jo
uoseaa Aq pamsul ay o1 palndwt aq few
gotgm aapou ao OVpalmoull aAtlanalsuoa iou
'08p21mOU31 pim39 :,,aJpaIAOUII„ (a)
. puvI pies w 9gpplaa seal
-few jo 2apog 2A!131ulsUOa Iaedwt gotgm
spaoaaa asoyl :,, spaoaaa oggnd„ (q)
:fuadoad lean alnlpsuoa mel
fq yalgm olaaatp paxtye smawanoidwt pup
y alnpagaS w 'amaaajaa Aq ao Alleagta
ads •paquasap PUR1 2111 :..Peel„ (8)
:upaw Aatlod
s!yi ut pasn uagm suual Jutmolloj agj,
pwiay jo uotljugaQ •l
SNOI.LH'IfIdIZS (INV SNOI•LIQNOD
P- 216- A- (G.S.) Rev.
Calitomia land Title Association
Standard Coverage Policy. Form -
Copyright 1963 -
SCHEDULE A
Effective.' Amount of liability: 8 81752*00 Policy No: 91844=
Date: - gppl 24, 1072 at lt25` /
joiU . Premium' 8 98.75 1a -2-+8?
INSURED
�... r1.. 1 d il k #): + is -f
lr'_The estate or interest in the land- described or referred to in 'this.saiedule covered by this policy is-
A :aea.
2. Title to the estate or interest covered by this policy,:,a_„�i the date hereof is vested in:
cmt v. e r a VM . O�a 7i FO, _
a corporatl"4
3. The land referred to in thiep�cy is situated in the State of California, County of, San Z#IU Cajf8po
and is described as follows
TMt parti= *:kkw a Southeast Quarter of SectUn 22 in Zb»aliH 30
scums 'east,: WE�tunt Mablo BM and waridians in the city or
San bail tlbi8po;°. Or San fAde Obispo, State or talifoimia,
according to the aftelalviat or the survey or. said. land on Pile in
the tau or is ant, described as follows:
Spalualva at a post Inked agal° sand poiat being the Southeast corner,or,
the land 408cribed in the deed to grist Stalniee, et us., reed in
Book 23, page 425 or OPPlctal Facords, thence North 00 °'3;• 4511 Bests
along the Bast lime of the land described is said`4eed,.15.73.f9eetj thence
North 690 350 30Q nest IO3.99 Peet to a point on the westerly line or the
land described in document recorded ZUM.9, IM in Volume 3399, page 282
or Official. BecorBsl thence South 320 461 15° Bast along said line, 17.40
Beet to a point on the Southerly line of 'the Sand described in the deed
to said Steiner; thence north 00,420 456 East along said Southerly line
a distance of 100.00 feet to the point oP beglaala&
P -218 -B (G.S.)
California Land Title Association
Standard Coverage Policy Form '
Copyright 1963
M: MOM
This policy does not insure against loss or damage by reason of the following:
PART I
1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies
taxes or assessments on real property or by the public records.
2. Any facts. rights, interests. or claims which are not shown by the public records but which could be ascertained
by an inspection of said land or by making inquiry of persons in possession thereof.
3. Easements, claims of easement or encumbrances which are not shown by the public records.
d. 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. Unpatented mining claims; reservations or exceptions in patents or in Acts authorizing the issuance thereof;
water rights, claims or title to water.
PART 11
1. General and special tames for the fiscal gear 1972 -732 fux e
lien, but not get dw and payable w
29 A raiver in Favor of the state of CaliPornu or ww claims for
damages said land s aa�ig�5il942 in Hook 30 at Paso or
MOW Emecuted by s VhKet Stainerrs et as#j
Reason s La"tions construction, 2wWscaping and
maintenance
APfeets t That portion or the herein described property
antiguous to said Preew*
to
Irn
rn
X
V)
0
u
0
0
N
'4
Io
Ll
ui
In
ry
n
ri
(A)
C)
c
C)
0
rrl
CAD
C>
Cj C
Cr
ry
n
ri
(A)
C)
c
CONDITIONS AND STIPULATIONS ( Continued and Concluded From Reverse Side of Policy Face)
requested by the Company the Insured
shall give the Company all reasonable
aid in any such action or proceeding, in
effecting settlemcnt, securing evidence,
obtaining witnesses, or prosecuting or de-
fending such action or proceeding, and
the Company shall reimburse the Insured
for any expense so incurred.
5. Notice of Loss - Limitation of
Action
In addition to the notices required under
paragraph 4(b), 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 dam-
age shall have been determined and no
right of action shall accrue to the Insured
under this policy until thirty days -after
such statement shall have been famished
and no recovery shall he had by the In-
sured under this policy unless action shall
he commenced thereon within five years
after expiration of said thirty , day period.
Failure to furnish such statement of loss
or damage, or to commence. such action
within the time hereinbefore . specified,
shall be a conclusive bar against main-
tenance by the Insured of any action
under this policy.
6. Option to Pay, Settle or Compro-
mise Claims
The Company shall have the option to
pay or settle or compromise for or in the
name of the Insured any claim insured
against or to pay the full amount of this
policy, or, in case loss is claimed under
this policy by the owner of the indebted-
ness secured by a mortgage covered by
this policy, the Company shall have the
option to purchase said indebtedness: such
purchase, payment or tender of payment
of the full amount of this policy, together
with all costs, attorneys' fees and ex-
penses which the Company is obligated
hereunder to pay, shall terminate all
liability of the Company hereunder. In
the event, after notice of claim has been
given to the Company by the Insured, the
Company offers to purchase said indebt-
edness, the owner of such indebtedness
shall transfer and assign said indebtedness
and the mortgage securing the same to the
Company upon payment of the purchase
price.
7. Payment of Loss
(a) The Liability of the Company
under this policy shall in no case exceed,
in all, the actual loss of the Insured and
costs and attorneys' fees which the Com-
pany may be obligated hereunder to pay.
(b) The Company will pay, in addition
to any loss insured against by this policy,
all costs imposed upon the Insured in
litigation carried on by the Company for
the Insured, and all costs and attorneys'
fees in litigation carried on by the Insured
P -218 (G.S.)
with the . written authorization -of the
Company.
(c) No claim- for damages shall arise
or be maintainable under this policy "(1)
if the Company,, after having received
notice of an alleged defect, lien or encum-
brance not excepted or excluded here-
in removes such defect, lien or encum-
brance within a reasonable time after
receipt of such notice, or (2) for liability
voluntarily assumed by the Insured in
settling any claim or suit without written
consent of the Company, or (3) in the
event the title is rejected as unmarketable
because of a defect, lien or encumbrance
not excepted or excluded in this policy,
until there has been a final determination
by a court of competent jurisdiction sus-
taining such rejection.
(d) All payments under this policy,
except payments made for costs, attorneys'
fees and expenses, shall reduce the amount
of the insurance pro tanto and no payment
shall be made without producing this
policy for endorsement of such payment
unless the policy be lost or destroyed, in
which case proof of such loss or destruc-
tion shall be furnished to the satisfaction
of the Company; provided, however, if
the owner of an indebtedness secured by
a mortgage shown in Schedule B is an
Insured herein then such payments shall
not reduce pro canto the amount of the
insurance afforded hereunder as to such
Insured, except to the extent that such
payments reduce the amount of the in-
debtedness secured by such mortgage.
Payment in full by any person or voluntary
satisfaction or release by the Insured of
a mortgage covered by this policy shall
terminate all liability of the Company to
the insured owner of the indebtedness
secured by such mortgage, except as pro-
vided in paragraph 2 hereof.
(e) When liability has been definitely
fixed in accordance with the conditions
of this policy the loss or damage shall be
payable within thirty days thereafter.
8. Liability Noncumulative
It is expressly understood that the
amount of this policy is reduced by any
amount the Company may pay under any
policy insuring the validity or priority of
any mortgage shown or referred to in
Schedule B hereof or any mortgage here-
after executed by the Insured which is
a charge or lien on the estate or interest
described or referred to in Schedule A,
and the amount so paid shall he deemed
a payment to the Insured under this policy.
The provisions of this paragraph num-
bered 8 shall not apply to an Insured
owner of an indebtedness secured by a
mortgage shown in Schedule B unless
such Insured acquires title to said estate
or interest in satisfaction of said indebt-
edness or any part thereof.
9. Subrogation upon Payment or
Settlement
Whenever the Company shall have
settled a claim under this policy, all right
of subrogation shall vest in the Company
unaffected by any act of the Insured, and
it shall be subrogated to and be entitled
to all rights 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 pay-
ment does not cover' the loss of the In-
sured, the 'Company shall be subrogated to
such rights and remedies in the proportion
which said payment bears to the amount
of said loss. If loss should result from
any act of the Insured, such act shall
not void this policy, but the Company, in
that event, shall be required to pay only
that part of any losses insured against
hereunder which shall exceed the amount,
if any, lost to the Company by reason of
the impairment of the right of subrogation.
The Insured, if requested by the Company,
shall transfer to the Company all rights
and remedies against. any person or prop-
erty necessary in order to perfect such
right of subrogation, and shall permit
the Company to use the name of the
Insured in any transaction or litigation
involving such rights or remedies.
If the Insured is the owner of the in-
debtedness secured by a mortgage covered
by this policy, such Insured may release
or substitute the personal liability of any
debtor or guarantor, or extend or other-
wise modify the terms of payment, or
release a portion of the estate or interest
from the lien of the mortgage, or release
any collateral security for the indebted-
ness, provided such act does not result
in any loss of priority of the lien of the
mortgage.
10. Policy Entire Contract
Any action or actions or rights of action
that the Insured may have or may bring
against the Company arising out of the
status of the lien of the mortgage covered
by this policy or the title of the .estate or
interest insured herein must be based on
the provisions of this policy.
No provision or condition of this policy
can be waived or changed except by
writing endorsed hereon or attached here-
to signed by the President, a .Vice Pres-
ident, the Secretary, an Assistant Secre-
tary or other validating officer of the Com-
pany.
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 the office which
issued this policy or to its Home Office.
13640 Roscoe Boulevard, Panorama City.
California 91409.
12. THE PREMIUM SPECIFIED IN
SCHEDULE A IS THE ENTIRE
CHARGE FOR TITLE SEARCH,
TITLE EXAMINATION AND TITLE
INSURANCE.
9
r ,
Z
a O
zm
m fA P1
y i O O C
oD
D m
m a.'
m
Zm
��
ZD
m .�
n �
0
D�
<r
m
• %.
AGREEMENT
THIS AGREEMENT, executed this A4iAv'� day of Z7eCe,-,w,6et 19719
by and between CARL A. STEINER, and ERNEST J. STEINER, hereinafter called
Grantors, and the CITY OF SAN LUIS OBISPO, a municipal corporation, here-
inafter called City, witnesseth:
1. Grantors shall convey to the City 0.038 acres, more or less
(1667 square feet) lying along Foothill Boulevard, as shown
on the attached sketch, for the sum of $8,752.00.
2. City agrees to remove existing sidewalk, curb and gutter and
driveway ramps and to replace the above mentioned improvements
at the new curb line and to revise the asphalt paving to con-
form to the back edge of the new sidewalk and driveway ramps,
all at no cost to the Grantors or lessee.
3. City will provide engineering, legal work, relocation of
utilities as necessary and pave out the street to the new
gutter.
CARL A. STEINER
ERN ST J. STEINFrR
P
• o
�
to .
CA
- Ln
m
�
L� o'
,c
_ U
`
W
.L`
� m
i
•
15•
•f
'7 1
.
r
IN
Z
i.
rn
cn
I
m
=
z
..
rn
-
�
z
m-
^�
•v
N
r-
Lo
I
Of
N
—►
p
�
i
No
O
m
010
�
C
_
I
1
lac
r-
i
n
Cll
m
I
m.
<
,O
1
P
O�
.is •
• o
�
to .
CA
- Ln
m
�
L� o'
,c
_ U
`
W
.L`
� m
i
O�
.is •