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HomeMy WebLinkAboutD-1996A Guidetti Conservation Easementa a I $ LN ..s t') cn \ Recording Requested by: CHICAGO TITIJE COMPAN:T When Recorded MaiL to: CITY OF SAN LUIS OBISPO 990 PALM ST sAlI LUIS OBISPO, CA 93401_ Doc No: 1996-057490 Rec No: O0032188 NF 0.00 i TOTAL 0.00 of San Ju fic Lu l ie R ial Records'is Obi spo Co.L, Rodewa'ld ecorder Nov 07, 1 996 Time: 1 1 :07 [ 24] DEED OF CONSERVATION EASEMENT RLED FEE PAID \ OUT OF STAT€ t \1qq\ DEED OF' CONSERVATION EASEMENT John Guidetti and the City of San Luis Obispo THIS GRANT DEED OF CONSERVATION EASEMENT is made ttrrs fllaay of October, 1996, by John Guidetti, having an address at P.o. Box 185, San Luis obispo, CA 93406 ("Grantor"), in favor of the City of San Luis Obispo, a chartered municipal corporation of the State of California, having an address at990 Palm Street, San Luis Obispo, CA 93401 ("Grantee"). WITNESSETH: WHEREAS, Grantor is the sole owner in fee simple of certain real property consisting of five separate parcels in San Luis Obispo County, California, more particularly described in Attachment A attached hereto and incorporated by this reference (the "Property"); and WHEREAS, the Property possesses agricultural, natural resource values including wildlife and plant resources, and scenic open space values (collectively, conservation values) ofgreat importance to Grantor, the people of the City of San Luis Obispo, and the p"opi. of the State of California; and WHEREAS, both Grantor and Grantee desire to preserve and conserve these conservation values for the public benefit; and WHEREAS, the specific conservation values of the Property are documented in a report called the Baseline Report that is on file at the offices of Grantee and incorporated by this reference, and this Report consists of maps, photographs, and other documentation that the parties agree provide, collectively, an accurate representation of the Property at the time of this grant and which is intended to serve as an objective information baseline for monitoring compliance with the terms of this grant; and WHEREAS, Grantor and Grantee intend that the conservation values of the Property be preserved and rnaintained by the continuation of currently existing land use patterns, including, without limitation, those relating to farming and ranching; and Conservation Easement between John Guidetti and the City of San Luis Obispo WHEREAS, Grantor and Grantee recognize the Property is classified as Agriculture in the General Plan for the County of San Luis Obispo and this carries with it permitted activities that are acknowledged by the Grantee that include the construction of single family residential homes; and WHEREAS, Grantor and Grantee agree to work cooperatively as a joint effort to plan for and locate those permitted activities specifically related to single family residential homes in such a way that will protect the conservation values of the Property; and WHEREAS, Grantor reserves all oil, mineral, gas and other hydrocarbon resources below the surface of the Property subject, however, to the reserved rights of Grantee to reasonably review and approve all aspects of development related to the exploration or extraction of these resources; and WHEREAS, Grantor and Grantee agree to work cooperatively as a joint effort to plan for and locate all support facilities that may be necessary to develop these oil, mineral, gas and other hydrocarbon resources in a way that protects the conservation values of the Property; and WHEREAS, Grantor further intends, as owner of the Property, to convey to Grantee the right to preserve and protect the conservation values of the Property in perpetuity; and WHEREAS, Grantee is a chartered municipal corporation of the State of California that is authorized to accept Conservation Easements; and WHEREAS, Grantee agrees by accepting this grant to honor the intentions of Grantor stated herein and to preserve and protect in perpetuity the conservation values of the Property for the benefit of this generation and the generations to come; NOW, THEREFORE, in consideration of the above and the mutual covenants, terms, conditions, and restrictions contained herein, and pursuant to the laws of California and in particular sections 815 and 816 of the Civil Code - Conservation Easements, Grantor hereby voluntarily grants and conveys to the Grantee a Conservation Easement in gross in perpetuity over the Property described in Attachment A and referred to hereinafter as the Property. 1. Purpose. It is the purpose of this Easement to assure that the Property, subject to the existing uses described herein, will be retained forever in its predominantly natural, scenic, and open space condition and to prevent any use of the Property that will significantly impair or interfere with the conservation values of the Property. The conservation values of particular importance include the oak woodland plant community, the understory of shrubbery the oak Page 2 of 13 Conservation Easement between John Guidetti and the City of San Luis Obispo woodlands contain and its importance to wildlife. The values also include the scenic quality of the undeveloped land that is visible from the surrounding community, the values the land supports in its native plant communities, the value of the land in the existing and potential production of agricultural crops that includes cattle grazing,vineyard development, the value of the land as a watershed and the benefits provided with the prevention to erosion, and protection of water quality, the values of the land as it supports riparian vegetation along its drainage ways and creeks. Grantee recognizes that farming and ranching consistent with the Grantor's current practices is consistent with the protection of these values and the construction of single family homes on the existing parcels as authorized by existing County plans and ordinances can be accommodated with proper planning in such away that these values among others can be protected. Grantor and Grantee also recognize that it is the purpose of this Easement to establish a cooperative working relationship that would extend through all stages of project planning, as described in Paragraph 7, with regard to the adjustment of property lines between existing legal parcels, the construction of single family residential structures and support facilities as well as with regard to all aspects of oil or mineral development, to protect the conservation values of the Property and ensure the design of such projects includes reasonable measures to minimize the environmental impact of these projects to the maximum extent reasonably feasible. 2. Rights of Grantee. To accomplish the pu{pose of this Easement, the following rights are conveyed to Grantee by this Easement: (a)To enter upon the Property at reasonable times in order to monitor Grantor's compliance with and otherwise enforce the terms of this Easement; provided that such entry shall be upon prior reasonable notice to Grantor, and Grantee shall not unreasonably interfere with Grantor's use and quiet enjoyment of the Property; and (b) To prevent any activity on or use of the Property that is inconsistent with the purpose of this Easement and to require the restoration of such areas or features of the Property that may be damaged by any inconsistent activity or use. 3. Prohibited Activities. Any activity on or use of the Property inconsistent with the purpose of this Easement is prohibited. Without limiting the generality of the foregoing, the following activities and uses are prohibited from being established: (a) (b) Subdivision of the land pursuant to the Califomia Subdivision Map Act. Amending the General Plan to a land use category that would allow a higher density of development than that which is currently allowed based on the General Plan of Page 3 of 13 Conservation Easement between John Guidetti and the City of San Luis Obispo San Luis Obispo County in effect as of the date ofthis Easement. A certified copy of this General Plan will be maintained in the offices of the Grantee. (c)Advertising signs or billboards unless related to an on-site activity related to a Reserved Right. (d)Cutting or removal of trees or clearing of shrub land for the commercial sale of firewood. (e) All activities (also called'ouses " by the General Plan of the County of San Luis Obispo) that are not permitted under the General Plan of the Courty of San Luis Obispo, in the Framework for Planning Table 'O' and including its Land Use Ordinances related to property classified as Agriculture as of the date this Conservation Easement is executed are prohibited. A certified copy of the Framework for Planning Table "O" and the Land Use Ordinance related to property; classified as Agriculture as ofthe date of the Conservation Easement, shall be kept on file with the Clerk of the City of San Luis Obispo for reference. In addition, the following activities that are defured and authorized in land classified as Agriculture by the County General Plan are prohibited. (1) (2) (3) (4) (s) (6) (7) (8) (e) (10) (1 1) (t2) Airfields and Landing Strips except as may be necessary in support of agricultural activities Bed and Breakfast Facilities. Caretaker Residence except as may be necessary in support of agricultural activities. Churches. Concrete, Gypsum, and Plaster Products. Electric Generating engaged in the generation and distribution of electrical energy for sale (power plants) from oil, gas, coal or nuclear fuels. Food and Kindred Products (food processing and manufacturing establishments). Indoor Amusement and recreation facilities. Libraries and museums. Membership organization facilities. Mining, surface Mobile homes unless necessary as a caretaker's residence for agricultural purposes. Paving materials(1 3) Page 4 of 13 Conservation Easement between John Guidetti and the City of San Luis Obispo (14) (1s) (16) (r7) (1 8) (1e) (20) (2r) (22) Public safety facilities such as prisons. Recycling collection stations. Recycling and scrap Residential care facilities Schools Small scale manufacturing Warehousing. Waste Disposal Sites such as public sanitary land fills. Wholesaling and Distribution. 4. Reserved Rights. Grantor reserves to himself and to his personal representatives, heirs, successors, and assigns, all rights accruing from their ownership of the Property, including the right to engage in or permit or invite others to engage in all uses of the Property that are not expressly prohibited herein and are not inconsistent with the purpose of this Easement. These Reserved Rights may be exercised without permission or review by the Grantee and include such activities as the harvesting or cutting of trees for personal use, fencing and other improvements or maintenance necessary for ongoing agricultural activities such as fences, roads, water troughs and agricultural water development, and reconstruction of existing strucfures, or the sale or leasing of underground mineral rights. 5. Notice of Intention to Undertake Certain Reserved Rights. Grantor shall notify Grantee prior to undertaking any of the following activities. Whenever notice is required, Grantor shall notify Grantee in writing not less than 60 days prior to the date Grantor intends to undertake the activity in question. The notice shall describe the nature, scope, design, location, timetable, and any other material aspect of the proposed activity in sufficient detail to permit Grantee to make an informed judgment as to its consistency with the purpose of this Easement. This excludes any activities that are necessary due to an emergency that requires immediate repair or construction of facilities. An emergency would be limited to any event that could threaten injury to a person or could result in immediate threat to real property or the potential for impacts on the conservation values of the Property. (a)The intensification of agricultural practices for grazing purposes or the introduction of new crops such as installation of vineyards, that could require removal of substantial amounts of shrubbery in the understory of the existing oak woodlands. (b) The construction of new agricultural structures such as bams including access and other improvements necessary to support such structures. Page 5 of 13 Conservation Easement between John Guidetti and the City of San Luis Obispo 6. Grantee's Objection to Construction. For a period of 15 days after Grantee receives the notice provided in Paragraph 5 above, Grantee may, in a notice in writing (the "Objection Notice"), set forth its reasonable objections to Grantor's proposed construction, such objections to state the reasons why the construction would be inconsistent with the purpose of or violate the provisions of this Easement. Within ten days after Grantor receives the Grantee's objections, if any, Grantor and Grantee shall meet to resolve these objections. In the event that the parties cannot resolve the objections to their mutual satisfaction within such ten day period, either of the parties may refer the dispute to arbitration under Paragraph 9 of this Agreement. In the event Grantee does not give to Grantor the Objection Notice within the above described 15 day period, Grantee shall be deemed to have waived any right to object to such activities. 7. Requirement for Undertake Cooperative Planning for Certain Reserved Rights. Grantor shall notifu Grantee prior to undertaking any of the following activities. Whenever notice is required, Grantor shall notiff Grantee in writing that he intends to undertake one or more of the following activities and request that a cooperative planning process be initiated. This planning and process is to include cooperation on the location of activities, the intensity of such activities, and the physical nature of improvements into or on the land necessary to support these activities. The Grantor will work with the Grantee to establish a mutually agreed time table for completion of this planning process. If the Grantor and Grantee can not reach an agreed upon time table within a reasonable period of time within 30 days, a time period of 180 days will be set as the maximum amount of time allocated for the completion of this process. The rights of the Grantee shall include reasonable review, modifications to (including, but not limited to redesign) and approval of activities proposed by the Grantor. Such review and approval shall not be considered an official action by the Grantee under the California Environmental Quality Act and such review and approval shall not unreasonably restrict the rights of the Grantor reserved by this Easement. No formal submittal of an application to the County of San Luis Obispo, however, for any such activities shall be submitted by the Grantor without formal notice in writing from the Grantee that the rights conveyed by this Paragraph to the Grantee, including the rights of arbitration, have been completed. The activities subject to this requirement for cooperative planning include: (a) The construction of single family homes including mobile homes and any access or other facilities and structures necessary to support the construction or installation of such homes except as follows: where the location of such construction is within the area marked as "Potential Development Area" on Attachment B to this Easement, the Grantor is only obligated t0 provide notice as required under Paragraph 5. Page 6 of 13 Conservation Easement between John Guidetti and the City of San Luis Obispo (b) The adjustment or modification of lot lines between existing legal lots (c) The exploration or extraction of subsurface minerals except as provided for in Paragraph 8. 8. Approval of areas Proposed for Exploration or Extraction of Subsurface Mineral Rights, Ridgetop Exclusion from Such Activities. If Grantor proposes exploration or extraction of mineral rights on the Property conducted (1) from sites off the Property, or (2) from the area marked as "Potential Subsurface Mineral Exploration and Extraction Areas" on Attachment C to this Easement, the Grantor is only obligated to provide notice as required under Paragraph 5. If such exploration or extraction is proposed elsewhere on the Property, the Grantor shall notiff the Grantee as provided under Paragraph 7. The cooperative planning process defined under Paragraph 7, in the case of mineral exploration and extraction, shall include a preliminary environmental analysis which will address issues of concern to Grantee, including but not limited to impacts on natural vegetation and the scenic character of the area that may be caused by road access and other infrastructure needs, and closure or abandonment requirements. In no case, however, shall Grantor propose to conduct such activities from the ridgetop areas of Indian Knob, said areas being identified as those lands on the Property above 600 feet above sea level and shown on Attachment C to this easement. 9. Arbitration. Any controversy arising from this Easement or its breach related to the definition of activites defined as Rights of Grantee, Prohibited Activities, Reserved Rights, activities subject to Notice of Intention to Undertake Certain Reserved Rights, or activities subject to Requirements for Undertaking Cooperative Planning for Certain Reserved Rights shall be determined by three arbitrators appointed as set out below: (a)Within thirty (30) days after a notice by either party to the other requesting arbitration and stating the basis of the party's claim, one arbitrator shall be appointed by each pafiy. Notice of the appointment shall be given be each party to the other party when made. (b) The two arbitrators shall immediately choose a third arbitrator to act with them. If apafty fails to select an arbitrator within the time allowed or if the two arbitrators fail to select a third arbitrator within 14 days after their appointment, on application by either party the third arbitrator shall be promptly appointed by the then presiding judge of the Superior Court of the State of California in and for the County of San Luis Obispo acting as an individual within 14 days. The party Page 7 of 13 Conservation Easement between John Guidetti and the City of San Luis Obispo making the application shall give the other party 14 day's notice of the application. The arbitration shall be conducted under the Code of Civil Procedures (Section 1280-1294.2). Hearings shall be held in San Luis obispo county califomia Both parties agree by signing this Easement that they are agreeing to have any dispute arising from the matters included in the Arbitration provisions of this Easement decided by neutral arbitration as provided by California law and that each party is giving up any rights to have the dispute litigated in a court or by a jury trial. By signing this Easement, each party is giving up their judicial rights to discovery and appeal unless such rights are specially requested in the notice requesting Arbitration or as permitted by CCP 1280 et.seq. If either party refuses to submit to arbitration, they may be compelled to arbitrate under the authority of the Califomia Code of Civil Procedure. 10. Grantee's Remedies. If Grantee determines that Grantor is in violation of the terms of this Easement or that a violation is threatened, Grantee shall give written notice to Grantor of such violation and demand corrective action sufficient to cure the violation and, where the violation involves injury to the Property resulting from any use or activity inconsistent with the purpose of this Easement, to restore the portion of the Property so injured. If Grantor fails to cure the violation within a thirty (30) days after receipt of notice thereof from Grantee, or under circumstances where the violation cannot reasonably be cured within a thirty (30)-day period, fails to begin curing such violation within the thirty (30)-day period, or fails to continue diligently to cure such violation until finally cured, Grantee may bring an action at law or in equity in a court of competent jurisdiction to enforce the terms of this Easement, to enjoin the violation, ex parte as necessary, by temporary $ permanent injunction, to recover any damages to which it may be entitled for violation of the terms of this Easement or injury to any conservation values protected by this Easement, including damages for the loss of scenic, aesthetic, or environmental values, and to require the restoration of the Property to the condition that existed prior to any such injury. Without limiting Grantor's liability therefor, Grantee, in its sole discretion, may apply any damages recovered to the cost of undertaking any corrective action on the Property. If Grantee, in its sole discretion, determines that circumstances require immediate action to prevent or mitigate significant damage to the conservation values of the Property, Grantee may pursue its remedies under this Paragraph without prior notice to Grantor or without waiting for the period provided for cure to expire. Grantee's rights under this Paragraph apply equally in the event of either actual or threatened violations of the terms of this Easement, and Grantor agrees that Grantee's remedies at law for any violation of the terms of this Easement are inadequate and that Grantee shall be entitled to the injunctive relief described in Page 8 of 13 Conservation Easement between John Guidetti and the City of San Luis Obispo this Paragraph, both prohibitive and mandatory, in addition to such other relief to which Grantee may be entitled, including specific performance of the terms of this Easement, without the necessary of proving either actual damages or the inadequacy of otherwise available legal remedies. Grantee's remedies described in this Paragraph shall be cumulative and shall be in addition to all remedies now or hereafter existing at law or in equity. I 1. Costs of Enforcement. Any costs incurred by Grantee in enforcing the terms of this Easement against Grantor, including, without limitation, costs of suit and attorneys' fees, and any costs of restoration necessitated by Grantor's violation of the terms of this Easement shall be borne by Grantor. If Grantor prevails in any action to enforce the terms of this Easement, Grantor's costs of suit, including, without limitation, attorneys' fees, shall be borne by Grantee. If Grantee prevails in any action to enforce the terms of this Easement, Grantee's costs of suit, including, without limitation, attorneys' fees, shall be borne by Grantor. 12. Grantee's Discretion. Enforcement of the terms of this Easement shall be at the discretion of Grantee, and any forbearance by Grantee to exercise its rights under this Easement in the event of any breach of any term of this Easement by Grantor shall not be deemed or construed to be a waiver by Grantee of such term or of any of Grantee's rights under this Easement. No delay or omission by Grantee in the exercise of any right or remedy upon any breach by Grantor shall impair such right or remedy or be construed as a waiver. 13. Waiver of Certain Defenses. Grantor hereby waives any defense of laches, estoppel, or prescription. 14. Acts Beyond Grantor's Control. Nothing contained in this Easement shall be construed to entitle Grantee to bring any action against Grantor for any injury to or change in the Property resulting from causes beyond Grantor's control, including, without limitation, fire, flood, storm, and earth movement, or from any prudent action taken by Grantor under emergency conditions to prevent, abate, or mitigate significant injury to the Properly resulting from such causes. 15. Access. No right of access by the general public to any portion of the Properfy is conveyed by this Easement without specific written authority from Grantor describing places, trails, and other conditions. 16. Taxes. Grantor shall pay all taxes, assessments, fees, and charges of whatever description levied on or assessed against the Property by competent authority (collectively "taxes"), Page 9 of 13 Conservation Easement between John Guidetti and the City of San Luis Obispo including any taxes imposed upon, or incurred as a result of, this Easement, and shall furnish Grantee with satisfactory evidence of payment upon request subject to the right to contest any such taxes. 17. Hold Harmless. Grantor shall hold harmless, indemniff, and defend Grantee and its members, directors, officers, employees, agents, and contractors and their heirs, personal representatives, successors and assigns of each of them (collectively "Indemnified Parties") from and against all liabilities, penalties, costs, losses, damages, expenses, causes of action, claims, demands, or judgments, including, without limitation, reasonable attorney's fees, arising from or in any way connected with: (1) injury to or death of any person, (2) physical damage to any property, resulting from any act, omission, condition, or other matter related to or occurring on or about the Property, regardless of cause, unless due to the sole negligence of any of the Indemnified Parties; (3) the obligations specified in Paragraph 16; or (4) the existence of this Easement. 18. Extinguishment. If circumstances arise in the future such as render the purpose of this Easement impossible to accomplish, this Easement can only be terminated or extinguished, whether in whole or in part, by judicial proceedings in a court of competent jurisdiction, and the amount of the proceeds to which Grantee shall be entitled, after the satisfaction or prior claims, from any sale, exchange, or involuntary conversion of all or any portion of the Property subsequent to such termination or extinguishment, shall be determined, unless otherwise provided by Califomia law at the time, in accordance with Paragraph 19. Grantee shall use all such proceeds in a manner consistent with the conservation purposes of this grant. 19. Proceeds. This Easement constitutes a real properly interest immediately vested in Grantee, which, for the purposes of Paragraph 18, the parties stipulate to have a fair market value offour hundred thousand dollars ($400,000). 20. Condemnation. If the Easement is taken, in whole or in part, by exercise of the power of eminent domain, Grantee shall be entitled to compensation in accordance with applicable law. 21. Assignment. This Easement is transferable, but Grantee may assign its rights and obligations under this Easement only to an organizationthat is a qualified organization at the time of transfer under Section 170(h) of the Internal Revenue Code of 1954, as amended (or any successor provision then applicable), and the applicable regulations promulgated thereunder, and authorized to acquire and hold conservation easements under state statute (or any successor provision then applicable). As a condition of such transfer, Grantee shall require that the conservation purposes ofthis grant is intended to advance continue to be carried out. Page 10 of 13 Conservation Easement between John Guidetti and the City of San Luis Obispo 22. Subsequent Transfers. Grantor agrees to incorporate the terms of this Easement in any deed or other legal instrument by which they divest themselves of any interest in all or a portion of the Property, including, without limitation, a leasehold interest. Grantor further agrees to give written notice to Grantee of the transfer of any interest at least twenty (20) days prior to the date of such transfer. The failure of Grantor to perform any act required by this Paragraph shall not impair the validity of this Easement or limit its enforceability in any way. 23. Certificates. Upon request by Grantor, Grantee shall within twenty (20)days execute and deliver to Grantor any document, including an estoppel certificate, which certifies Grantor's compliance with any obligation of Grantor contained in this Easement and otherwise evidences the status of this Easement as may be requested by Grantor. 24. Notices. Any notice, demand, request, consent, approval, or communication that either party desires or is required to give to the other shall be in writing and either served personally or sent by first class mail, postage prepaid, addressed as follows: To Grantor: John Guidetti P.O. Box 185 San Luis Obispo, CA 93406 To Grantee:Mr. John Dunn City of San Luis Obispo 990 Palm Street San Luis Obispo, CA 93401 or to such other address as either party from time to time shall designate by written notice to the other. 25. Recordation. Grantee shall record this instrument in timely fashion in the official records of San Luis Obispo County, California, and may re-record it at any time as may be required to preserve its rights in this Easement. 26. Monitoring. The Grantee or its designee shall conduct annual monitoring of the conservation values within the Property. Such monitoring shall be done in accordance with a systematic and routine checklist designed to facilitate the identification of trends and changes of Page 11 of13 Conservation Easement between John Guidetti and the City of San Luis Obispo the conservation values over time. A copy of each monitoring report shall be given to the Grantor. 27. Subordination. At the time of the conveyance of this Easement, the Property is subject to mortgage. The holder of this mortgage agrees by execution of this Easement to subordinate its rights in the Property to this Easement to the extent necessary to permit the Grantee to enforce the purpose of this Easement in perpetuity and to prevent any modification or extinguishment of this Easement by the exercise of any rights of the mortgage holder. The priority of the existing mortgage with respect to any valid claim on the part of the existing mortgage holder to the proceeds of any sale, condemnation proceedings, or insurance or to the leases, rents, and profits of the Property shall not be affected thereby, and any lien that may be created by Grantee's exercise of any of its rights under this Easement shall be junior to the existing mortgage. Upon request, Grantee agrees to subordinate his rights under this Easement to the rights of any future mortgage holders or beneficiaries of deeds of trust to the proceeds, leases, rents, and profits described above and likewise to subordinate its rights under any such lien and to execute any document required with respect to such subordination provided any such subordination by the Grantee shall not result in the extinguishment of this Easement. 28. General Provisions. (a) Controlling Law. The interpretation and performance of this Easement shall be governed by the laws of the State of California. (b) Liberal Construction. Any general rule of construction to the contrary notwithstanding, this Easement shall be liberally construed in favor of the grant to effect the purpose of this Easement and the policy and purpose of the Conservation Act of 1979 as described in sections 815 through 816 of the Califomia Civil Code. If any provision in this instrument is found to be ambiguous, an interpretation consistent with the purpose of this Easement that would render the provision valid shall be favored over any interpretation that would render it invalid. (c) Severability. If any provision of this Easement, or the application thereof to any person or circumstance, is found to be invalid, the remainder of the provisions of this Easement, or the application of such provision to persons or circumstances other than those as to which it is found to be invalid, as the case may be, shall not be affected thereby. Page 12 of 13 Conservation Easement between John Guidetti and the City of San Luis Obispo (d) Entire Agreement. This instrument sets forth the entire agreement of the parties with respect to the Easement and superseded all prior discussions, negotiations, understandings, or agreements relating to the Easement, all of which are merged herein. (e)Successors. The covenants, terms, conditions, and restrictions of this Easement shall be binding upon, and inure to the benefit of the parties hereto and their respective personal representatives, heirs, successors, and assigns and shall continue as a servitude running perpetually with the Property. (f)Captions. The captions in this instrument have been inserted solely for convenience of reference and are not apart of this instrument and shall have no effect upon construction or interpretation. (g) Counterparts. The parties may execute this instrument in two or more counterparts, which shall, in the aggregate, be signed by both parties; each counterpart shall be deemed an original instrument as against any party who has signed it. In the event of any disparity between the counterparts produced, the recorded counterpart shall be controlling. TO HAVE AND TO HOLD unto Grantee, its successors, and assigns forever. IN WITNESS WHEREOF Grantor and Grantee have set their hands on the day and year first written above. For the Grantor: ohn Guidetti For the Grantee: Mayor For Deed of Trust Holder Centr Bank Associatlon, FLCA John . Boyes,Vice President Central IP Credit Associatlon €Sr I era (Acknowledgments)By John C Page 13 of 13 or President State of .4--r ,'€-r-'- i a* County of -9*- L+-L'4'E' al-t'g'rc gn ia/-Zt / q befOre me, Z-ir----. v Pt l=-r-z-l-,,-+2tP:-Ht'<-, Date Name {nd Titl6 of Officer (s.9., "Jane Doe, Notary Public") personally appeared A*t le-n €ea--+b.- Name(s) of Signe(s) ffirsonally known to me - OR - n proved to me on the basis of satisfactory evidence to be the person{A{ CINDY PILG Commhlon # l09l3tn Nolcry tubilc -CdttombSon Luls Oblspo Couniy My Cornm. Explres trior 17,2m whose nameHGm subscribed to the within instrument and acknowledged to me tha@t&/thQy executed the saqe i(@nt'rltfiir authorized capacityffis), and that by ftlglhYr/tlffr signature'ff) on the instrument the personft"), or the entity upon behalf of which the personfQ acted, executed the instrument. WITNESS my hand and officialseal Signature of Notary Public OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attached Document Title or Type of Document: A:*s*t -'F *r->*+-*-a-f iar- .*-*+-^e.rr* Document Date e7 n/e Number of Pages ^2. I Signer(s) Other Than Named Above: %L--r.-> g-*;Je#) _F r'- r--e-/e>>Ve-E Capacity(ies) Claimed by Signer(s) Signer's Name:aa:t b-7'> <a-1*7*/e*'sig Name n lndividual! Corporate Officer I lndivid n Corporate Title(s)Title(s): n Partner-n Limited n General n Partner-n Li Il General n Attorney-in-Fact n Trustee I Guardian or Conservator n Attorney-in-Fact n Trustee n Guardian or Con E-Other rr-v=4at*n Other: Signer ls Representing:Signer ls Representing: nF .*t- l-.-aCi ek>t Top of thumb here BIGHT THUMBPRINT OF SIGNER Top of thumb here BIGHT THUMBPRINT OF SIGNER \ 1 CALIFORNIA ALL.PURPOSE ACKNOWLEDGMENT ) @ 1995 National Notary Association . 8236 Remmet Ave., PO. Box 7184 . Canoga Park, CA 91309-7184 Prod. No. 5907 Reorder: Call Toll-Free 1 -800-876-0827 STATE OF CALIFORNIA COUNTY OF SAN LUIS OBISPO On October 29,1996, before me, Tracey L. Romero, the undersigned Notary Public in and for said County and State, personally appeared John C. Boyes, personally known to me to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. TRACEV L, ROMERO Commlsslon #1091395 Nolory tubllc - Collfomlo Son Lub Oblspo County My Comm. Explres Moy 13,2m0 Notary Pu of California Attached to Deed of Conservation Easement STATE OF CALIFORNIA, SS ) ) ) )s.s COUNTY OF San Luis Obispo appeared On October 29, 1996 before me,Rosanna M. Medeiros a Notary Public in and for said County and State, personally JOHN H. GUIDETTI / / / / / / /-/ / / / / / / / / / / / / / / / / / / / / / / / I / / / / / / / I / / / / / / / I ///////////////t//////////////t////////////////////////////////////////u/////////// personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS sig FOR NOTARY SEAL OR STAMP @ Ro q c anna M, It' Med i 025 Pubt 6;i"'omm. Noia '.!.tl 'i cCalorniaSAN LU IS OB ISPO COUNTYCom.res I'lay b 1 COA TE 160 Legal (2-94) and official seal This form is furnished by Chicago Title Company Attachment A. Legal Description of Property Subject to Easement DESCRIPTIONPage 1 PARCEL 1: Order No. 235615 NH Lot 13 and those portions of Lots 16 and 17 of the subdivision of the Ranchos San Miguelito, in the County of San Luis Obispo, state of California, accordingto the map made by R.R. Harris in 1875, and recorded Augrrst 20, 1875 in Book A, Page 39 of Maps, in the office of the County Recorder of said County, includedwithin the land described as follows: Beginning at the most wesEerly corner of said. Lot 17,. lhence North 1go 15, Eastalong the Northwest,erly line of said Lot 17, a dist,ance of 2g.7 chains to themost Northerly corner of said Lot,' thence North 160 30, West along the westerlyline of Lot 13,. a distance of 86.25 chains to the Northeast, corner of Lot L0, as shown on the map above referred to; thence south 59o 46, zgil East, 9460.26 feetto a point on the East line of Lot L5 which bears South oo 30, East along saidEast Iine, L250 feet from stake SM-4; thence South Oo 30, East along the Eastline of Lots 15 and 15, a distance of 23.46 chains to stake SM-14,- thence South13o 15' west along the Easterl-y line of said Lot 16, a distance of :-9.27 chainsto a stake .I .S.9; thence North 84o West, !.4! chains to stake ,J.S.g; thence South 6o- 45' west, 4.53 chains to stake 17.S.7; thence South 2o 45' west, Z chains tostake 'J.S.5; thence South 4.89 chains to stake,I .S.5; thence South 8o 45, West,, 2chains to Etake rl .s.4; thence south 90 East, 3.33 chians to stake,J.s.3; thenceSouth 19o 15'East, 4 chains to stake,I .S.2,. thence South 30 05, East, 3.52 chainsto stake J.S.l-; thence South 60 05'West, 8 chains t,o stake S.M.j.1 ae the mostSoutherly corner of said Lot l-6; thence South 3Oo 45, West along the Easterlyline of Lot 17, a dist,ance of 8.1-l- chains to stake S.M.1O; thence continuingalong said East,erly line, South 12o west, 8.27 chains to the Northeast corner ofLot 1 of the subdivisions of the Ranchos EI Pismo and San Miguetito according tomap recorded April 30, 1886 in Book A, Page 157 of Maps; thence North 55o Westalong the Northerly line of said Lot 1, a distance of 35.5 chains to an anglepoint therein,' thence continuing along said. Northerly line North 29o West, 33.gchains to a coast survey station at the most Northerly corner of said Lot 1,said poinL also being the Northeast corner of Lot 2, as shown on map 1ast. abovereferred to; thence North 7L0 l-5' west, along the Northerly line of said LoE 2, adistance of l-8.75 chains to an angle point therein; thence continuing alongsaid Northerly line, South 79o West, 24.5 chains to an angle point thereinlthence South 29o 30 ' west along the westerly line of said r,oE 2, a distance of1094.4L feet, more or less, to the Southwest,erly line of Lot,17 as strown on themap recorded in Book A, Page 39 of Maps above referred to,- thence North 72o 30,west along said Southwesterly Iine, 8.9 chains, more or less, to the point ofBeginning. Except from that portion of Lot 13 lying Northerly of the line commencing at, theNortheast corner of Lot 10 as shown on the map above referred to and runningSouth 50o 51' 4ot East across said Lot 13, a distance of 9i..05 chains to theNorthwest corner of Lot 16 as shown on said, map, 38? of all the minerals, gds,oils, petroleum, napht,ha and other hydrocarbon substances in, in or under saidland for ten years from ,JuIy 14, 194L and so long thereafter as there is anycommercial development of any of said minerars, gas, oiIs, petrol_eum, naphthaand other hydrocarbon substances in, on or under, said 1and, as reserved in thedeed from Goldt,ree Investments Company, a corporation, and Margaretha EIsaMendel to ,John A. Guidetti, dated rluly J.4, L94t and recorded Augrust 15, 194j_ inBook 300, Page 432 of Official Records. Also except from that port,ion of Lot, 13 lying Northerly of the 1ine commencingat the Northeast corner of Lot 10 as shown on the map above referred to and DESCRIPTION Page 2 Order No. 235615 NH running South 600 51' 40rr East across said lot 13, a distance of 91.05 chains tothe Northwest corner of Lot 16 as shown on said map, t2* of all the minerals, 9as, oils, petroleum, naphtha and other hydrocarbon substances in, oD, or under eaid land for t,en years from August L3, LgA! and so long thereafter as there is any commercial development of any minerals, gds, oils, petroleum, naphtha and other hydrocarbon substances in, o[, or under said landf as reserved. in the deed from Wilhelm Straus and Morris Lowenthal, the duly appointed, gualified and act,ing administrators with the will annexed of the Estate of Helen Goldtree Nee Helene Lieber, deceased, to,John Guidetti, dated -A,ugust 13, 1941 and recorded August, 15, 194L in Book 300, Page 429 of Official Records. PARCEL 2 That portion of Lot 16 of the subdivisions of the Rancho San Miguelito, in the County of San Luis Obispo, State of California, according to the map made by R.R. Harris in L875, recorded, August 20, 1875 in Book A, page 39 of Maps, in theoffice of che county Recorder of said county, described as forrows: Commencing at a stake marked S.M.LL ats the Southeast corner of said Lot,15; thence North 60 5'East, 8 chains to a stake marked,J.S.l; thence North 30 5, West, 3.52 chains to a stake marked,f.S.2; thence North 19o 15, West, 4 chains to stake marked J.S.3; thence North 90 west,, 3.33 chains to a st,ake marked.I .S.4; thence North 8o 45' East, 2 chains to a stake marked,l.S.5; thence North 4.89 chains to stake marked J.S.6; thence North 2o 45' East, 7 chains to stake marked,J.S.7; thence North 6o 45' East, 4.53 chains to fence post marked rT.S.8; thence along fence South 84o East, 1-.41 chains t,o a stake marked,J.S.9, on the East lineof said Lot 16; thence South 13o 15' west,, 1.93 chains to stake marked S.M.L3; thence South 10 East, 23.40 chains to stake marked, S.M.L2; thence South 60 30' West, 11.37 chains to the Point of Beginning. Conservation Easement between John Guidetti and the City of San Luis Obispo Attachment B. Potential Development Area \7//o o \\ $ -21(i o h il ll )€ $ol- c co(I),{-, tr q6- Ec) -cocl(U rr <E co o CL )) \ I ll rl ll o l"i,. \\{ t A )), O s ' t-i D aa Conservation Easement between John Guidetti and the City of San Luis Obispo Attachment C. Potential Subsurface Mineral Exploration and Extraction Areas ease_g-6.doc 1",r. \7 o';i' ll o la ll ll + lf-o co +t C)ogg E,XpAw (vFE*(- I- CU7\(U!-6cPE n.!<*> o E-Xtu ( l\-'z (1 )) ll rl ll ll eO Ot) la- lv saEIbE o-c ttall tl tl ll { t A )l(t, ))- Gtyo[sanluls oBtspo 990 Palm Street, San Luis Obispo, CA 93401-3249 CERTIF'ICATE OF' ACCEPTANCE {< {< *. rl. !f, ,fi *. tl. !k * rk t THIS IS TO CERTIFY that the interest in real property conveyed by the DEED OF CONSERVATION EASEMENT dated October 29,Igg6,by and between John Guidetti and 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 confered by Resolution No. 5370 (1984 Series), recorded June 15, 1984, in Volume 2604, Official Records, Page 878, San Luis Obispo County, California, and the Grantee consents to recordation thereof by its duly authorized officer or his agent. Date: November 7. 1996 CITY OF SAN LUIS OBISPO Allen K. Settle, Mayor The City of San Luis Obispo is committed to include the disabled in all of its services, programs and activities. Glecommunications Device for the Deaf (805) 781-7410. k END 0F PCICu$u$Hi{'9. CHICAGO TIft COMPANY L2L2 Marsh Street, P.O. Box 810, San Luis Obispo, CA (805) s43-2900 Fax (80s) 543-89s6 November 7, ]-996 93406 ATTN: LINDA ASPRION CITY OF SAN I,UIS OBISPO ADMINISTRATION DEPT., 990 sAN r,Urs oBrsPo, cA 93401_ PALM Escrow No. 235615 - RM Close of Escrow Date: September 27, L996 The above matter has been completed and we enclose the following: L. Buyer/Borrower's Settlement and HUD Statements. 2. Refund check in the amount of $289.00. Any recorded document to which you are entitled will be maited uo you directly from the County Recorder's Office. Any Policy of Title Insurance to which you are entitled will be mailed to you under separate cover. We appreciate having been favored with your business. We trust that we may agai-n have the pleasure of serving you, and we will be pleased to have you indicate this office as your preference in future Lransactions of this nature. Sincerely, CHICAGO TITIJE COMPAI\TY V Tfu-tut'tw ROSAI\rNA MEDEIROS Escrow Officer BUYCLOS --o6l23l96bk cE' )ac O TITLE COMPANY ESCROW NUMBER CLOSING DATE: BUYER: SELLER: PROPERTY: TOTALS BITYER' S/BORROWER' S SETTLEMEIVT STATEMEMT 0L330-00023561-5-001 ORDER NUMBER: 01-330-000235615 09 /2'7 /96 CIOSER: ROSAIiINA MEDEIROS CITY OF SAN IJUIS OBTSPO ,JOHN GUIDETTI , 'JR. PAGE: 0L CREDIT BIIYER $ CIARGE BUYER 400, 000 . 00 $Sa1es Price Deposit,s Received tL/06/96 WIRE OF FUNDS TO CLOSE TOTAI RECEIPTS Settlement or Closing Fee To CHICAGO TITLE COMPANYTitIe Insurance Funds Due To Buyer At Closing 40L,907.50 462.50 1, 156 . 00 289 - 00 $ 401, 907 .50 $ 401-, 907 .50 401,907.50 A. CHICAGO TITLE COii;:P.ANY CLOSER: ROSANNA I4EDEIROS DATE OF PRrNTrNc L1,/07 /96 TIME OF PRIM|ING: 13:40 OMB No. 2s02-O26s (Exp. 12-31-86)Page 1 B. TYPE OF LOAN FmHA 3. f] CO],JV. UNINS. [] VA 5. n COi.iV. lNSo SETTLEMENT STATEMENT U.S. DEPARTMENT OF HOUSING AND URBAN DE i. Gross amt due trcrn borrower (line 120) Less amts paid by r borrower ine 22O) s33. CASH(n FROM) (E TO) BORROWER 2i8. 217 zto. 220. TOTAL PAID BY/FOR BORROWER a t+. 212. Assessments to to21 1. County taxes 210. City/town taxes to 2i7 tn< 203. Existing loan(s) taken subjeci io 202. Principal amount of new loan(s) 201. Deposit or earnest money 120. GROSS AMT DUE FFTOM BORROWER 112. rtt 1 10. 109" 1gg. Assessments to 107. Countytaxes to 196. City/town taxes to 1 C5. 1 03. Settlement charges to borrower (line 1400) 162. Personal Property 101 . Contract sales price 401.907.50 401 61.q qO sco. CASfi ,\T SETTLEivifi.iT i:iiOi.4 rrn nn Fn^rriFr\/ I \J D\Ji-ii.tuuvLn 4ci.,3,J7.50 ustments msu sellerr 4Ct,907.50 2OO, AMOUNTS PAID BY OR IN BEHALF OF BORROWER 401.618_50 ustmenis for items seller in I . 618 - 50 400.000.00 AMOUNT DUE FROM BORROWER: ON 100 J MMARY B 403 I H, SETTLEMEI]T AGEI'-.IT: ADDRESS: PLACE OF SETTLEMENT: ADDRESS: CHICAGO TITLE COMPANY - SAN LUIS OBISPO L2l-2 Marsh Street.San Luis Obispo CAl2I2 NIarsh St.reet San Luis Obispo CA 93406 93406 28s.ooloos. CASH(I TO) ( [) SELLER 602. Less raductions in amt due seller (line 520) 420, GROSS AMT DUE TO SELLER 412. 411 410. 409. 408. Assessments to to407. Countvtaxes 406. Cityltown taxes to (line a20)601. Gross amt due to seller 520. TO'|AL REDUCTIONS AMT DUE SELLI R 3 tv. 51 8. 5t/ c lb. EIE 514. 51 3. 512. Assessments to to511. Countytaxes 510. City/town taxes to 509. 508. 507 s06. 505. Payoff of second mortgage loan 504. Payoff of first mortgage loan 503. Existing loan(s) taken subjecr to 502. Settlement chargesto seller (line 140'D) 501. Excess deposit (see instructions) 405 404. 402. Personal Property 401. Contract sales price 600. CASi-i AT SITTLEiv'iEi'iT TC,'FliOivi iiELLEil ustments MS UN er 5OO. REDUCTIONS IN AMOUNT DUE TO SELLER: u items vance K. SUMMARY OF SELLER'S 400. GRO I. SETTLEMENT DATE: September 27, L996 G. PROPERW LOCATION: F. NAMEOFLENDER ADDRESS N/A E. NAME OF SELLER ADDRESS JOHN GUIDETTT, 'JRP.O. BOX 185 SAN LUIS OBTSPO 93406CA ADDRESS: ADMINISTRATION DEPT., 990 PALM SAN LUIS OBISPO CA p to an are shown here for informational purposes and are not included in the totals" were paid outside the closi S ent agent areyou aOTE costs.me 93401 D. NAMEOFBOR CITY OF SAN LUIS OBTSPO Mortgage lnsurance Num 000235615-001 RM SLC 235515 NH IJUD-1 (3/86) RLSIIA. t{U.130-s.2 r4OO. TOTAL SETTLEMENT CHARGES on lines 103, Section J and 502, Section K) ,5UO. , JU'. A.SSOIIAT IOi'Ii304' g1'1q1p.r-i coAsi PRoD'uarr nli t-RFnTT 'i303. CEI\IRAI C0A,cT FEDEML LAND BANK i302. Pestinspection to toi301. Survey ',205. ',204. i 203. State tax/stamps Deed $Morigage $ i 202. City / county tax/stamPs:Deed $Mortgage $ ''i201. Recordingfees: Deed $; Mortgage $Release $ 1113. 1112. i111 1,156.00:110. Owner'scoverage $ qJl,C00.;: S b"109. Lender'scoverage $C.CC (includes above items numbers:) to chi.cago Title Comoanyi 108. Title insurance i 107. Attorney's fee to to:106. Notaryfees ior 105. Document preparation 1 104. Title insurance binder to i 103. Title examination to i 102. Abstract or title search to to CHICAGO TITLE C0MPAM1 101 ' ggttlsrnsnt or Closing Fee 1008. Aqqreoate Accountino Adiuslment 1 007 0.00 month @$per month 1 006.0 00 month @$per month 1 OO5. Annual assessments per month6 p,6 monih @g per month1004. County property taxes 0 .00 month @$ 1003. City property iaxes per month0.00 month @g 1 002. Mortgage insurance per month0.00 month @$ jOO1. Hazard insurance per month0.00 month @$ 904. 0 00 years to963. Hazard Insurance Premium for 0 00 months to902. Mortgage lnsurance Premium for to @$901. lnterestfrom /day f.or 6 days 812. 811 6 tu. 809. 803. 837. Assumption Fee to 8r5, Mortgage lnsurance Application Fee to 805. Lender's lnspection Fee to 804. Credit Report to 803. Appraisal Fee to ?802. Loan Discount ?801. Loan Origination Fee $to7O5. Additional commission 704. Other sales agent charges: 703. Commission paid at Settlement (Money retained by broker applied to commission $) S to702. SB: $to701. LB: Division o{ Commission (line 700) as follows: 700. TOTAL SALES/tsROKER'S COMr'4lSSION based on prices@+= 1, 618 .50 1,155.00 462.s0 0.00 PAID FROM BORROWER'S FUNDS AT SETTLEMENT 1300. ADDITIONAL SETTLFMENT CHARGES 1200. GOVERNMENT RECCRDING AND TRANSFER CHARGES 1100. TITLE CHARGES I 1OOO. RESERVES DEPOSITED WITH LENDER 9OO. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE 8OO. ITEMS PAYABLE IN CONNECTION WITH LOAN PAID FROM SELLER'S FUNDS AT SETTLEMENT F-2857-01 4/80 ORD#/ABS* ESC* 23551s 00023561.5 N}. Page 2 OMB No.2502-0265 (Exp. 12-31-86) L. SETTLEMENTCHARGES TIME OF PRIIffING:13:40 1F HUD-1 (3/86) RESPA. HB 430s.2 ! ADDEND U M TO HUD-1 RESPA Pils hTrrmfer: 2356Ls LoanNumber: RM The items indicated by "P.O.C." on this Settlement Statement have been included at the direction of the lender for disclosure purposes only. The settlement agent has no direct information concerning these expenditures, other than what has been provided by the lender, nor any obligation to authenticate "P.O.C." charges. No representation is made by the settlement agent regarding the validity or accuracy thereof. ADDEN-8/93lrc THE GUIDETTI RANCH (WEST RANCH PORTTON) BASELINE REPORT Prepared for: City of San Luis Obispo 990 Palm Street San Luis Obispo, CA9340I-3249 (80s) 781- 7170 FAX: (80s) 78t- 7109 Prepared by: The Land Conservancy of San Luis Obispo County P.O. Box 12206 San Luis Obispo, CA93406 TABLE OF CONTENTS Acknowledgment of Conditions Baseline Summary Introduction Summary of S ignificance Conservation Purpose Physical Setting and Hydrology Soils and Erosion Vegetation Improvements Land Use References Exhibits Exhibit I Location Map Exhibit 2 Soils Map Exhibit 3 Topographic Map Exhibit 4 Baseline Map Exhibit 5 Photographic Record Attachments Attachment I Permitted and Prohibited Uses Attachment 2 Applicable ZoningRegulations Attachment 3 Soil Desuiptions 1 2 J J J 4 4 4 5 5 6 BASELINE DOCUMBNTATION The Guidetti Ranch - West Ranch Portion Conservation Easement ACKNOWLEDGMENT OF' CONDITION This document, including the attached photographs, and other exhibits and attachments, referenced as the Baseline Report within the Conservation Easement is an accurate representation of the Property at the time of the conservation easement grant. Mr. John A. Guidetti, Grantor Date: John A. Guidetti City of San Luis Obispo, Grantee I)afe Allen Settle, Mayor Baseline Summary Property Name:The Guidetti Ranch - West Ranch Portion Property Owners:Mr. John A. Guidetti Contact Person:Mr. John A.Guidetti Phone Number: Address:P.O. Box 185 San Luis Obispo, CA93406 Easement Date:Recorded Document No.: Assessors Parcel Numbers 076-14l-001,002 and Acreage: 076-14l-007,008 076-271-009 076-271-0t0 Zoningz Location: 981 acres 365 acres 46 acres 96 acres 1,488 acres Agriculture The Guidetti West Ranch is located in San Luis Obispo, on Jesperson Road, about 2.5 miles south of the San Luis Obispo City limits with the southernmost part of the ranch about 2 miles northeast of the Pacific Palisades section of Pismo Beach. general location map INTRODUCTION The purpose of this Base Line Report is to establish the existing conditions on the property specifically related to the purpose of the easement. If there is some concern, for example, at a future date that some proposed activity could be inconsistent with the conservation values of the easement, this Base Line Report provides a point of reference. This report provides general background information on the property as well as information on each of the resources collectively described as the conservation values of the property. The conservation values of the easement are described in the intent section of the easements (within the "Whereas" clauses) and within the Purpose statement of the easement. The intent section, for example, refers generally to the "agricultural, natural resource values including wildlife and plant resources, and scenic open space values". The intent section also recognizes that the existing pattern of land uses. These include, without limitation, "those relating to farming and ranching;". The purpose section of the easement provides more detail on what is included within the conservation values and existing uses. It is the recitation of resources within this section that has been used to collect information for this report. The following is a consolidated list of those resources as they are recognized and discussed in this Report. 1. The value of the value of the land as a watershed and the benefits provided with the prevention to erosion, and protection of water quality. 2. The native plant communities, with a special emphasis on:. oak woodlands, o the associated understory of oak woodlands, o sensitive species, and o riparian vegetation along the streams. 3. The value of wildlife associated with the plant communities. 4. The scenic values of the property, particularly as seen from the surrounding community, 5. The existing Uses that include the potential production of agricultural crops for cattle grazing and vineyard development, I. WATERSHED VALUES A. General overview. The Guidetti Ranch lies within the northeasterly portion of the rugged coastal range which rises sharply above the San Luis Creek corridor, east of Highway 101. The topography ranges from gently rolling land in the valley area, south of Davenport Creek to very rugged terrain along the southerly portion of the ranch. The hillsides on the ranch are very gently rolling along the valley and become steeper with increases in elevation. Approximately 40 acres of the property along Davenport Creek is level/undulating land. There are additional significant level/gently rolling valleys. Portions of the lower valley appear to have a high water table and significant natural springs. The southeasterly portion of the ranch includes a picturesque alluvial valley with a small creek running along the southerly edge. Elevations of the valley floor are about 200 feet, ranging up to 887 feet along the southerly parks at Indian Knob Point. Slopes on the steeper hillsides range from 30oh to 75Vo slope. topo map B. Soils and Erosion There are thirteen different soil map units on the Guidetti Ranch, according to the USDA Soil Survey map of San Luis Obispo County, Coastal Part. These map units are comprised of the Elder, Lodo, Salinas, Briones, Gaviota, Lodo, Pismo and Xerortherts associations. The Elder sandy loam and the Salinas silty clay loam soils are designated as prime farmland soils when inigated. There are about 40 acres of Salinas silty clay loam near the farmstead, which is well suited to dry farm and irrigated farming. The Elder sandy loam soils have a high water table due to drainage problems. A tile drainage system may be suitable for improving drainage on these soils. The Briones, Gaviota, and Pismo have an erosion hazard associated with the map units due to the steep slope and sandy texture. Soils on the Guidetti Ranch were interpreted for wildlife habitat and agricultural potential. The ranch was found to include over 100 acres of land with soils rating high for "prime farmland". In addition, considerable acreage is considered to be valuable "open-land" and "rangeland" wildlife habitat. Definitions of these terms can be found in "Saving Special Places The erosion... Soil Classification Table Soil Classificatio n Number Soil Type Slope Location Storie Index Comments 135 Elder sandy loam 2o/oto 5% Level Land in Central Valley Level Land in Southeast Valley Alluvial Valley 90 69 Very fertile soil t39 Elder sandy loam Occasionally Flooded 2o/o to 9% High Water Table 148 Lodo clay loam 15% to 30% Salinas silty clay loam }Voto 2% T7 86 77 JJ 27 15 Erosion and Fertility Problems Very Fertile Soil t97 Davenport Creek Valley Davenport Creek Valley Southeast Foothills Central Foothills 198 Salinas Silty Clay Loam 2%oto 9% Very Fertile Soil 109 Briones-Pismo Loamy Sands Briones-Tierra Complex 9Yoto 30% t5% to 50% t5% to s0% 30% to 75% 30% to 75% 30% to t00% Erosion Hazard Erosion Hazard 110 142 Gaviota Fine Sandy Loam Northwest Portion of Ranch Northwest Hills Erosion Hazard 152 Lodo Rock Outcrop Complex 4 Very Steep 190 Pismo Rock Outcrop Southeast Hills 5 Erosion Hazard 222 Xerortherts - Eroded Hillsides around Indian Knob Northwest Portion of Ranch 4 Rocky Outcropping 50% to 750 5 Erosion Hazard t4l Gaviota Sandy Loam SOIL MAP II. PLANT COMMUNITIES A. Vegetation The vegetation over most of the Guidetti Ranch area is undisturbed and relatively pristine. Coast live oaks are the most dominant tree. oak trees are found scattered throughout the property. On the steep, north facing slopes and in the canyons it forms a dense, closed canopy forest which often grades into the riparian woodland. In other areas where the exposed slopes are not as steep and the soil deeper, the coastal live oak grades into grassland and sometimes forms a savanna type community with a grassland understory and a few shrubs. on the steep slopes that have a more shallow, rocky soil and often a southern exposure, the coastal live oak woodland grades into coastal scrubichaparral. There are often coast live oak trees scattered amongst patches of the brushy vegetation. The shrubs here are California sagebrush, black sage, chamise and manzanita. However, in some areas there are distinct chaparral patches, comprised dominantly of manzanita. This manzanita is the Edna or wells manzanita, a species recognized as sensitive by the Califomia Native Plant Society (CNPS). B. Sensitive plants Indian Knob mountainbalm which is listed by the Federal Government and the State of Califomia as Endangered also occurs on the Ranch scattered within the coastal scrub/chaparral and oak woodland communities. Other sensitive plant species which have the potential to occur on the property include: Hoover's bentgrass, Pismo clarkia, San Luis Obispo serpentine dudleya, the San Luis mariposa lily and black-flowered figwort. veg map picture of vegetation more pix of vegetation C. Summary of Biological significance of the property. The unique quality of the Guidetti Ranch is in its combination of plant communities and the size of these communities in one large parcel. The springs provide a relatively constant source of water. The oaks, riparian woodland and coastal/scrub communities all provide both food and shelter for a host of wildlife species. The Guidetti Ranch also lies in the Davenport Hills area which serves as a wildlife migration corridor. According to criteria established by biologists to evaluate the conservation potential of property, the Guidetti Ranch ranks very high for the following reasons. It contains: In summary the biological significance of the property is considered high as a result of the following factors: o Federal and State listed species are known to currently occur on site;o CEQA defined or CNPS Species are known to occur on site;. The Property has a mosaic of plant communities or species associations increasing the overall diversity of the site. Non-native plant species do not form a dominant component of the communities; . There is little or very low disturbance; o The contiguous size is greater than200 acres; ando Three sides or at least 75Yo of the edge of the site has a200 foot buffer of native vegetation or natural habitat. III. WILDLIFE Besides providing an important open space and visual resource for the residents of the City of San Luis Obispo, the Guidetti Ranch provides excellent wildlife habitat. The springs provide a relatively constant source of water. The oaks, riparian woodland and coastal/scrub communities all provide both food and shelter for a host of wildlife species. The Guidetti Ranch also lies in the Davenport Hills area which serves as a wildlife migration corridor. Although no listed or sensitive animal species are known to occur on the property, several have the potential to occur: western pond turtle, two-striped garter snake, and the recently listed red legged frog. Two sensitive bird species which may be seasonal residents are the yellow warbler and Cooper's hawk. 1V. SCENIC RESOURCES The scenic qualrty of the ranch lies primarily in that portion that is visible from San Luis Obispo. This is recognized in the San Luis Obispo Area Plan to the County General Plan that identifies the scenic qualrty of this area through its designation of the hillsides facing the city as a Sensitive Resource Area. The Guidetti Ranch includes scenic ridges and hillsides which are visible from the southern edges of the City, and encompasses most of an undeveloped sub-watershed that feeds Davenport Creek. As annexation of the airport area proceeds, development pressnres in this areaare likely to grow. There are already three subdivisions in the immediate area. The property is currently under an agricultural preservation contract (Williamson Act), so immediate development pressure is absent. Protection now, however, would be significantly less expensive that waiting until the contract is discontinued. Other scenic resources... pix of hillsides pix of distant ridges etc V. EXISTING USES A. Improvements. Residence. A very old 1200 square foot house which has been remodeled over the years. Equipment Shed. There are two equipment storage buildings located on the property, These buildings are2,666 square feet and 1,596 square feet. Barn. There is a large 75x100 foot structure, wood frame structure with walls Storage Units and a Granary. There are several storage units and a granary on the property. Corrals. A set of wood working corrals are located adjacent to the barn. There is an additional set ofsteel pipe corrals adjacentto the barn. Picnic Area. There is an improved picnic area with associated facilities in the southern end of the primary canyon. B. Land Uses. Grazins. General ranch maintenance REF'ERENCES Hickman, J.C. (ed.). 1993. The Jepson Manual; Higher Plants of California. University of California Press, Berkeley, California. 1,400 p. Laudenslayer,'W., K.E. Mayer and D.C. Zeiner.1988. California's Wildlife. Amphibians and Reptiles. The State of California, Resource Agency. Sacramento , CA.272 p. Skinner M.W. and Pavlik B.lgg4.Inventory of Rare and Endangered Vascular Plants of California. California Native Plant Society . 33 6 p. Schenberger, Taylor, McCormick and Jecker Inc.l996.Appraisal report of the Guidetti Ranch (West Ranch Portion) Encumbering 1,488 acres at 5151 Jesperson Road, San Luis Obispo, CA . Prepared for Dr. Neil Havlick, City of San Luis Obispo. 172 p. USDA, Soil Conservation Service. 1984. Soil Survey of San Luis Obispo County, California, Coastal Part.265 p. base r CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY ]990 CHICAGO TITLE INSURANCE COMPANY SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, CHICAGO TITLE INSURANCE COMPANY, a Missouri corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the Amount of Insurance stated in Schedule A, sustained or incurred by the insured by reason of: l. Title to the estate or interest described in Schedule A being vested other than as stated therein; 2. Any defect in or lien or encumbrance on the title; 3. Unmarketability of the title; 4. Lack of a right of access to and from the land; and in addition, as to an insured lender only: 5. The invalidity or unenforceability of the lien of the insured mortgage upon the title; 6. The priority of any lien or encumbrance over the lien of the insured mortgage, said mortgage being shown in Schedule B in the order of its priority; 7. The invalidity or unenforceability of any assignment of the insured mortgage, provided the assignment is shown in Schedule B, or the failure of the assignment shown in Schedule B to vest title to the insured mortgage in the named insured assignee free and clear of all liens. The Company will also pay the costs, attorneys' fees and expenses incurred in defense of the title or the lien of the insured mortgage, as insured, but only to the extent provided in the Conditions and Stipulations. InWitness Whereof, CHICAGO TITLE INSURANCE COMPANY has caused this policy to be signed and sealed as of Date of Policy shown in Schedule A, the policy to become valid when countersigned by an authorized signatory. CHICAGO TITLE INSURANCE COMPANY By:Issued by: CHICAGO TITLE COMPAI{Y l2I2 Marsh Street San Luis Obispo, CA 9340f (805) 543-2900 lr'ra By {l-r*./6Jt^,-i- Secretary EXCLUSIONS FROM COVERAGE The following matters are expressly excluded lrom the coverage of this policy and the Company will not pay loss or damage, costs, attorneys' fees or expenses which arise by reason of: 1. (a) Any law, ordinance or governmental regulation (including but not limited to building and zoning laws, ordinances, or regulations) restrict- ing, regulating, prohibiting or relating to (i) the occupancy, use, or enjoyment of the land; (ii) the character, dimensions or location ol any improvement now or hereafter erected on the land; (iii) a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part; or (iv) environmental protection, or the effect ol any violation of these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereol or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation altecting the land has been recorded in the public records at Date of Policy. (b) Any governmental police power not excluded by (a) above, except to the extent thal a notice of the exercise thereol or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. 2. Rights of eminent domain unless notice of the exercise thereol has been recorded in the public records at Date of Policy, but not excluding from coverage any taking which has occurred prior to Date ot Policy which would be binding on the rights of a purchaser for value without knowledge. 3. Defects, liens, encumbrances, adverse claims or other matters: (a) whether or not recorded in the public records at Date of Policy, but created, suffered, assumed or agreed to by the insured claimant; (b) not known to the Company, not recorded in the public records at Date of Policy, but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value lor the insured mortgage or the estate or interest insured by this policy. 4. Unenforceability of the lien ol the insured mortgage because of the inability or failure of the insured at Date of Policy, or the inability or failure ol any subsequent owner of the indebtedness, to comply with applicable doing business laws of the state in which the land is situated. 5. lnvalidity or unenforceability of the lien of the insured mortgage, or claim thereof, which arises out of the transaction evidenced by the insured mortgage and is based upon usury or any consumer credit protection or truth in lending law 6. Any claim, which arises out ol the transaction vesting in the insured the estate or interest insured by this policy or the transaction creating the interest ol the insured lender, by reason of the operation of federal bankruptc% state insolvency, or similar creditor' rights laws. CONDITIONS AND STIPULATIONS 1. DEFINITION OF TERMS The following terms when used in this policy mean: (a) "insured": the insured named in Schedule A, and, subject to any rights or defenses the Company would have had against the named insured, lhose who succeed to the interest of the named insured by operation of law as distinguished from purchase including, but not limited to, heirs, distributees, devisees, survivors, personal representatives, next of kin, or corporate or liduciary successors. The term "insured" also includes (i) the owner of the indebtedness secured by the insured mortgage and each successor in ownership of the indebtedness except a successor who is an obligor under the provisions of Section 12(c) ol these Conditions and Stipulations (reserving, however, all rights and defenses as to any successor that the Company would have had against any predecessor insured, unless the successor acquired the indebtedness as a purchaser for value without knowledge of the asserted defect, lien, encumbrance, adverse claim or other matter insured against by this policy as affecting title to the estate or interest in the land); (ii) any governmental agency or governmental instrumentality which is an insurer or guarantor under an insurance contract or guaranty insuring or guaranteeing the indebtedness secured by the insured mortgage, or any part thereol, whether named as an insured herein or not; (iii) the parties designated in Section 2(a) of these Conditions and Stipula- tions. (b) "insured claimant": an insured claiming loss or damage. (c) "insured lender": the owner of an insured mortgage. (d) "insured mortgage": a mortgage shown in Schedule B, the owner of which is named as an insured in Schedule A. (e) "knowledge" or "known": actual knowledge, not constructive knowF edge or notice which may be imputed to an insured by reason of the public records as defined in this policy or any other records which impart construc- tive notice of matters affecting the land. (f) "land": the land described or referred to in Schedule A, and improve- ments affixed thereto which by law constitute real property. The term "land" does not include any property beyond the lines of the area described or referred to in Schedule A, nor any right, title, interest, estate or easement in abutting slreets, roads, avenues, alleys, lanes, ways or waterways, but noth- ing herein shall modify or limit the extent to which a right of access to and f rom the land is insured by this policy. (g) "mortgage": mortgage, deed of trust, trust deed, or other security instrument. (h) "public records": records established under state statutes at Date of Policy for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without knowledge. (i) "unmarketability of the title": an alleged or apparent matter aftecting the title to the land, not excluded or excepted f rom coverage, which would entitle a purchaser of the estate or interest describe{ 'chedule A or the insured mortgage to be released f rom the obligation to purchase by virtue of a contrac- tual condition requiring the delivery of marketable title. 2. CONTINUATION OF INSURANCE (a) Alter Acquisition of Title by lnsured Lender. lf this policy insures the owner of the indebtedness secured by the insured mortgage, the coverage of this policy shall continue in force as of Date of Policy in favor of (i) such insured who acquires all or any part of the estate or interest in the land by foreclosure, truslee's sale, conveyance in lieu of foreclosure, or other legal manner which discharges the lien of the insured mortgage; (ii) a transferee of the estate or interest so acquired from an insured corporation, provided the transferee is the parent or wholly-owned subsidiary of the insured corporation, and their corporate successors by operation of law and not by purchase, subject to any rights or defenses the Company may have against any predecessor insureds; and (iii) any governmental agency or governmental instrumentality which acquires all or any part of the estate or interest pursuant to a conlract of insurance or guaranty insuring or guaranteeing the indebtedness secured by the insured mortgage. (b) After Conveyance of Title by an lnsured. The coverage of this policy shall continue in force as of Date of Policy in favor of an insured only so long as the insured retains an estate or interest in the land, or holds an indebtedness secured by a purchase money mortgage given by a purchaser from the insured, or only so long as the insured shall have liability by reason of cove- nants of warranty made by the insured in any transfer or conveyance of the estate or interest. This policy shall not continue in force in favor of any pur- chaser lrom an insured of either (i) an estate or interest in the land, or (ii) an indebtedness secured by a purchase money mortgage given to an insured. (c) Amount of lnsurance, The amount of insurance afterthe acquisition or after the conveyance by an insured lender shall in neither event exceed the least of: (i) the amount of insurance stated in Schedule A; (ii) the amount of the principal of the indebtedness secured by the insured mortgage as of Date of Policy, interest thereon, expenses of foreclosure, amounts advanced pursuant to the insured mortgage to assure compliance with laws or to protect the lien of the insured mortgage prior to the time of acquisition of the estate or interest in the land and secured thereby and reasonable amounts expended to prevent deterioration of improvements, but reduced by the amount of all payments made; or (iii) the amount paid by any governmental agency or governmental instru- mentality, if the agency or instrumentality is the insured claimant, in the acqui- sition of the estate or interest in satisfaction of its insurance contract or guar- anty. 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT An insured shall notify the Company promptly in writing (i) in case of any litigation as set forth in Section 4(a) below, (ii) in case knowledge shall come to an insured hereu4der of any claim ol title or interesl which is adverse to the title to the estate or int( )r the lien of the insured mortgage, as insured, and which might cause los.$ or damage for which ompany may be liable by virtue of this policy, or (iii) if title lo the estatt. . interest or the lien of the insured mortgage, as insured, is rejected as unmarketable. lf prompt notice shall not be given to the Company, then as to that insured all liability of the Company shall terminate with regard to the matter or matters for which prompt notice is required; provided, however, that failure to notify the Company shall in no case prejudice the rights of any insured under this policy unless the Company shall be prejudiced by the failure and then only to the extent of the prejudice. 4. DEFENSE AND PROSECUTION OF ACTIONS; DUTY OF INSURED CLAIMANT TO COOPERATE (a) Upon written request by an insured and subject to the options contained in Section 6 of these Conditions and Stipulations, the Company, at its own cosl and without unreasonable delay, shall provide for the defense of such insured in litigation in which any third party asserts a claim adverse to the title or interest as insured, but only as to those stated causes of action alleging a defect, lien or encumbrance or other matter insured against bythis policy. The Company shall have the right to select counsel of its choice (subject to the right of such insured to object for reasonable cause) to represent the insured as to those stated causes of action and shall not be liable for and will not pay the fees of any other counsel. The Company will not pay any fees, costs or expenses incurred by the insured in the defense of those causes of action which allege matters not insured against by this policy. (b) The Company shall have the right, at its own cost, to institute and prosecute any action or proceeding or to do any other act which in its opinion may be necessary or desirable to establish the title to the estate or interest or the lien of the insured mortgage, as insured, or to prevent or reduce loss or damage to the insured. The Company may take any appropriate action under the terms of this policy, whether or not it shall be liable hereunder, and shall not thereby concede liability or waive any provision of this policy. lf the Company shall exercise its rights under this paragraph, it shall do so diligently. (c) Whenever the Company shall have brought an action or interposed a defense as required or permitted bythe provisions of this policy, the Company may pursue any litigation to final determination by a court of competent juris- diction and expressly reserves the right, in its sole discretion, to appeal from any adverse judgment or order. (d) ln all cases where this policy permits or requires the Company to prose- cute or provide for the defense of any action or proceeding, an insured shall secure to the Company the right to so prosecute or provide defense in the action or proceeding, and all appeals therein, and permit the Company to use, at its option, the name of such insured for this purpose. Whenever requested by the Company, an insured, at the Company's expense, shall give the Com- pany all reasonable aid (i) in any action or proceeding, securing evidence, obtaining witnesses, prosecuting or defending the action or proceeding, or effecting settlement, and (ii) in any other lawful act which in the opinion of the Company may be necessary or desirable to establish the title to the estate or interest or the lien of the insured mortgage, as insured. lf the Company is preludiced by the failure of an insured to furnish the required cooperation, the Company's obligations to the insured under the policy shall terminate, includ- ing any liability or obligation to defend, prosecute, or continue any litigation, with regard to the matter or matters requiring such cooperation. 5. PROOF OF LOSS OR DAMAGE ln addition to and after the notices required under Section 3 of these Condi- tions and Stipulations have been provided the Company, a proof of loss or damage signed and sworn to by the insured claimant shall be f urnished to the Company within 90 days after the insured claimant shall ascerlain the facts giving rise to the loss or damage. The proof of loss or damage shall describe the defect in, or lien or encumbrance on the title, or other matter insured against by this policy which constitutes the basis of loss or damage and shall state, to the extent possible, the basis of calculating the amount of the loss or damage. lf the Company is prejudiced by the failure of an insured claimant to provide the required proof of loss or damage, the Company's obligations to such insured under the policy shall terminate, including any liability or obliga- tion to defend, prosecute, or continue any litigation, with regard to the matter or matters requiring such prool ol loss or damage. ln addition, an insured claimant may reasonably be required to submit to examination under oath by any authorized representative of the Company and shall produce for examination, inspection and copying, at such reason- able times.and places as may be designated by any authorized representative ol the Company, all records, books, ledgers, checks, correspondence and memoranda, whether bearing a date before or after Date of Policy, which reasonably pertain to the loss or damage. Further, if requested by any author- ized representative of the Company, the insured claimant shall grant its per- mission, in writing, for any authorized representative of the Company to exam- ine, inspect and copy all records, books, ledgers, checks, correspondence and memoranda in the custody or control of a third party, which reasonably pertain to the loss or damage. All information designated as confidential by an insured claimant provided to the Company pursuant to this Section shall not be disclosed to others unless, in the reasonable iudgment ol the Company, it is necessary in the administration of the claim. Failure ol an insured claimant to submit for examination under oath, produce other reasonably requested information or grant permission to secure reasonably necessary information from third parties as r gd in this paragraph, unless prohibited by law or governmental regulatiu ;hall terminate any liability of the Company under this policy as to that insured for that claim. 6. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; TERMINATION OF LIABILITY ln case of a claim under this policy, the Company shall have the following additional options: (a) To Pay or Tender Payment ol the Amount of lnsurance or to Purchase the lndebtedness. (i) to pay or tender payment of the amount of insurance under this policy together with any costs, attorneys' fees and expenses incurred by the insured claimant, which were authorized bythe Company, upto thetime of paymentor tender of payment and which the Company is obligated to pay; or (ii) in case loss or damage is claimed under this policy by the owner of the indebtedness secured by the insured mortgage, to purchase the indebted- ness secured by the insured mortgage for the amount owing thereon together with any costs, attorneys' lees and expenses incurred by the insured claimant which were authorized by the Company up to the time of purchase and which the Company is obligated to pay. lf the Company offers to purchase the indebtedness as herein provided, the owner of the indebtedness shall transfer, assign, and convey the indebted- ness and the insured mortgage, together with any collateral security, to the Company upon payment therefor. Uponthe exercise by the Company of the option provided for in paragraph a(i), all liability and obligations to the insured under this policy, other than to make the payment required in that paragraph, shall terminate, including any liability or obligation to defend, prosecute, or continue any litigation, and lhe policy shall be surrendered to the Company for cancellation. Upon the exercise by the Company of the option provided for in paragraph a(ii) the Company's obligation to an insured lender under this policy for the claimed loss or damage, other than the payment required to be made, shall ' terminate, including any liability or obligation to defend, prosecute or continue any litigation. (b) To Pay or Otherwise Settle With Parties Other than the lnsured or With the Insured Claimant. (i) to pay or otherwise settle with other parties for or in the name of an insured claimant any claim insured against underthis policy, together with any costs, attorneys' fees and expenses incurred by the insured claimant which were authorized by the Company up to the time of payment and which the Company is obligated to pay; or (ii) to pay or otherwise settle with the insured claimant the loss or damage provided for under this policy, together with any costs, attorneys' fees and expenses incurred by the insured claimant which were authorized by the Company up to the time of payment and which the Company is obligated to pay. Upon the exercise by the Company of either of the options provided for in paragraphs (b)(i) or b(ii), the Company's obligations to the insured under this policy for the claimed loss or damage, other than the payments required to be made, shall terminate, including any liability or obligation to defend, prose- cute or continue any litigation. 7. DETERMINATION AND EXTENT OF LIABILITY This policy is a contract of indemnity against actual monetary loss or dam- age sustained or incurred by the insured claimant who has suffered loss or damage by reason of matters insured against by this policy and only to the extent herein described. (a) The liability ol the Company under this policy to an insured lender shall not exceed the least of: (i) the Amount of lnsurance stated in Schedule A, or, if applicable, the amount of insurance as defined in Section 2 (c) of these Conditions and Stipulations; (ii) the amount of the unpaid principal indebtedness secured by the insured mortgage as limited or provided under Section 8 of these Conditions and Stipulations or as reduced under Section I ol these Conditions and Stipulations, at the time the loss or damage insured against by this policy occurs, together with interest thereon; or (iii) the difference between the value of the insured estate or interest as insured and the value of the insured estate or interest subject to the defect, lien or encumbrance insured against by this policy. (b) ln the event the insured lender has acquired the estate or interest in the manner described in Section 2(a) of these Conditions and Stipulations or has conveyed the title, then the liability of the Company shall continue as set forth in Section 7(a) of these Conditions and Stipulations. (c) The liability of the Company under this policy to an insured owner of the estate or interest in the land described in Schedule A shall not exceed the least of: (i) the Amount of lnsurance stated in Schedule A; or, (ii) the difference between the value of the insured estate or interest as insured and the value of the insured estate or interest subject to the defect, lien or encumbrance insured against by this policy. (d) The Company will pay only those costs, attorneys' lees and expenses incurred in accordance with Section 4 of these Conditions and Stipulations. 8, LIMITATION OF LIABILITY (a) lf the Company establishes the title, or removes the alleged defect, lien or encumbrance, or cures the lack of a right of access to or from the land, or cures the claim of unmarketability of title, or otherwise establishes the lien of the insured mortgage, all as insured, in a reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom, it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused thereby. (b) ln the event of any litigation, including litigation by the Company or with the Company's consent, the Company shall have no liability for loss or dam- age until there has been a final determination by a court of competent jurisdic- tion, and disposition of all appeals therefrom, adverse to the title or, if applica- ble, to the lien of the insured mortgage, as insured. (c) The Company shall not be liable for loss or damage to any insured for liability voluntarily assumed by the insured in settling any claim or suit without the prior wrilten consent of the Company. (d) The Company shall not be liable to an insured lender for: (i) any indebt edness created subsequent to Date of Policy except for advances made to protect the lien of the insured mortgage and secured thereby and reasonable amounts expended to prevent deterioration of improvements; or (ii) construc- tion loan advances made subsequent to Date of Policy, except construction loan advances made subsequent to Date of Policy forthe purpose of financing in whole or in part the construction of an improvement to the land which at Date of Policy were secured by the insured mortgage and which the insured was and continued to be obligated to advance at and after Date of Policy. 9. REDUCTION OF INSURANGE; REDUCTION OR TERMTNATTON OF LIABILITY (a) All payments under this policy, except payments made for costs, attor- neys' fees and expenses, shall reduce the amount of the insurance pro tanto. However, as to an insured lender, any payments made prior to the acquisition of title to the estate or interest as provided in Section 2(a) of these Conditions and Stipulations shall not reduce pro tanto the amount of the insurance afforded under this policy as to any such insured except to the extent that the payments reduce the amount of the indebtedness secured by the insured mortgage. (b) Payment in part by any person of the principal of the indebtedness, or any other obligation secured by the insured mortgage, or any voluntary partial satisfaction or release of the insured mortgage, to the extent of the payment, satisfaction or release, shall reduce the amount of insurance pro tanto. The amounl of insurance may thereafter be increased by accruing interest and advances made to protect the lien of the insured mortgage and secured thereby, with interest thereon, provided in no event shall the amount of insur- ance be greater than the Amount of lnsurance stated in Schedule A. (c) Payment in full by any person or the voluntary satisfaction or release of the insured mortgage shall terminate all liability of the Company to an insured lender except as provided in Section 2(a) of these Conditions and Stipula- tions. 10. LIABILITY NONCUMULATIVE . lt is expressly understood that the amount of insurance under this policy shall be reduced by any amount the Company may pay under any policy insuring a mortgage to which exception is taken in Schedule B or to which the insured has agreed, assumed, or taken subject, or which is hereafter exe- cuted by an insured and 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 under this policy to the insured owner. The provisions of this Section shall not apply to an insured lender, unless such insured acquires title to said estate or interest in satisfaction of the indebtedness secured by an insured mortgage. 11. PAYMENT OF LOSS (a) No payment shall be made without producing this policy for endorse- menl of the payment unless the policy has been lost or destroyed, in which case proof of loss or destruction shall be furnished to the satisfaction of the Company. (b) When liability and the extent of loss or damage has been definitely fixed in accordance with these Conditions and Stipulations, the loss or damage shall be payable within 30 days thereatter. 12. SUBROGATION UPON PAYMENT OR SETTLEMENT (a) The Company's Right ol Subrogation. Whenever the Company shall have settled and paid a claim under this policy, all right of subrogation shallvest in the Company unalfected by any act of the insured claimant. The Company shall be subrogated to and be entitled to all rights and remedies which the insured claimant would have had against any person or prop_erty in respect to the claim had this policy not been issued. lf requested by the Company, the insured claimant shall transfer to the Company all right6 and remedies against any person or property necessary in ordeito perfect this right of subrogation. The insured claimant shall permit the Comfany to sue, compromise or settle in the name of the insured claimant and to use the name of the insured claimant in any transaction or litigation involving these rights or remedies. lf a payment on account of a claim does not fully cover the loss of the I_,/ Reorder Form No. 8223 insured claimant, the Company shall be subrogated (i) as to an insured owner, to all rights and remedies in the proportion which the Company's payment bears to the whole amount of loss; and (ii) as to an insured lender, to all rights and remedies of the insured claimant after the insured claimant shall have recovered its principal, interest, and costs of collection. lf loss should result from any act of the insured claimant, as stated above, that 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 by this policy which shall exceed the amount, if any, lost to the Company by reason of the impair- ment by the insured claimant of the Company's right of subrogation. (b) The lnsured's Rights and Limitations. Notwithstanding the foregoing, the owner of the indebtedness secured by an insured mortgage, provided the priority of the lien of the insured mortgage or its enforceability is not affected, may release or substitute the personal liability of any debtor or guarantor, or extend or otherwise modify the terms of payment, or release a portion of the estate or interest from the lien of the insured mortgage, or release any collateral security for the indebtedness. When the permitted acts of the insured claimant occur and the insured has knowledge of any claim of title or interest adverse to the title to the estate or interest or the priority or enforceability of the lien of the insured mortgage, as insured, the Company shall be required to pay only that part of any losses insured against by this policy which shall exceed the amount, if any, lost to the Company by reason of the impairment by the insured claimant of the Compa- ny's right of subrogation. (c) The Company's Rights Against Non-insured Obligors. The Company's right of subrogation against non-insured obligors shall exist and shall include, without limitation, the rights of the insured to indem- nities, guaranties, other policies of insurance or bonds, notwithstanding any terms or conditions contained in those instruments which provide for subroga- tion rights by reason of this policy. The Company's right of subrogation shall not be avoided by acquisition of an insured mortgage by an obligor (except an obligor described in Section 1(a)(ii) of these Conditions and Stipulations) who acquires the insured mort- gage as a result of an indemnity, guarantee, other policy of insurance, or bond and the obligor will not be an insured under this policy, notwithstanding Sec- tion 1(axi) of these Conditions and Stipulations. 13. ARBITRATION Unless prohibited by applicable law, eitherthe Company or the insured may demand arbitration pursuant to the Title lnsurance Arbitration Rules of the American Arbitration Association. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the insured arising out of or relating to this policy, any service of the Company in connec- tion with its issuance or the breach of a policy provision or other obligation. All arbitrable matters when the Amount of lnsurance is 91,000,000 or less shall be arbitrated at the option of either the Company or the insured. All arbitrable matters when the Amount of lnsurance is in excess of 91,000,000 shall be arbitrated only when agreed to by both the Company and the insured. Arbitra- tion pursuant to this policy and under the Rules in effect on the date the demand for arbitration is made or, at the option ol the insured, the Rules in effect at Date of Policy shall be binding upon the parties. The award may include attorneys' fees only if the laws of the state in which the land is located permit a court to award attorneys' fees to a prevailing party. Judgment upon the award rendered by the Arbitrato(s) may be entered in any court having jurisdiction thereof. The law of the situs of the land shall apply to an arbitration under the Tiile lnsurance Arbitration Rules. A copy of the Bules may be obtained from the Company upon request. 14. LIABILITY LIMITED TO THIS POLICY; POLICY ENTTRE CONTRACT (a) This policy together with all endorsements, if any, attached hereto by the Company is the entire policy and contract between the insured and the Com- pany. ln interpreting any provision of this policy, this policy shall be construed as a whole. (b) Any claim of loss or damage, whether or not based on negligence, and which arises out of the status of the lien of the insured mortgage, or of the title to the estate or interest covered hereby, or by any action asserting such claim shall be restricted to this policy. (c) No amendment of or endorsement to this policy can be made except by a writing endorsed hereon or attached hereto signed by either the President, a Vice President, the Secretary an Assistant Secretary or validating officer or authorized signatory of the Company. 15, SEVERABILITY ln the event any provision of this policy is held invalid or unenforceable under applicable law, the policy shall be deemed not to include that provision and all other provisions shall remain in full force and effect. 16. NOTICES, WHERE SENT All notices required to be given the Company and any statement in writing required to be furnished the Company shall include the number of this policy and shall be addressed to the Company at the issuing oftice or to: CHICAG( LE INSURANCE COMPANY Claims Dc.-,{menl 171 North Clark Street Chicago, lL 60601-3294 -l ,-) SCHEDULE A Policy No: Premium: 2356r-5 - NH $l_, 156 . 00 Amount of Insurance: g4OO, OOO. OO Dateof Policy: November 6, t9g6 at l-l-:07am 1. Name of Insured: City of San Luis Obispo, a chartered munieipal corporation 2. The estate or interest in the land which is covered by this policy is: An Easement more ful}y described bel-ow 3. Title to the estate or interest in the land is vested in: CiLy of San Luis Obispo, a chartered municipal corporat,ion 4. The land referred to in this policy is situated in the State of California, County of san Luis obispo and is described as follows: SEE ATTACHED DESCRIPTION This Policy valid only if Schedule B is attached. Policy No. Page 1 23561-5 - NH DESCRIPTION A conservation easemenU, in gross, over the following described property PARCEL 1: Lot 1-3 and those porLions of Lot.s 16 and 1,7 of the subdivision of the Ranchos San Miguetito, in the County of San Luis Obispo, State of California, according to the map made by R.R. Harris in L875, and recorded August 20, 1875 in Book A, Page 39 of Maps, in the Office of the County Recorder of said County, included within the land described as folfows: Beginning at the most Westerly corner of said Lot 17,' thence Nort,h 19o 15' East along the Northwesterly line of said Lot L7, a distance of 28.7 chains to the most Northerly corner of said Lot,' thence North 160 30' West along the Westerly line of Lot 13, a distance of 86.25 chains to the Northeast corner of Lot 1-0, as shown on the map above referred Lo; thence South 690 46' 28n East, 9460.26 feeL to a point on the East line of Lot 15 which bears South 0o 30' East along said East Iine, 1250 feet from sLake SM-4; thence South 0o 30'East along the East line of Lot,s 15 and 15, a distance of 23.45 chains to stake SM-14,.thence South 13o L5'West along the Easterly line of said Lot 15, a distance of 19.27 chains to a stake J.S.9; thence North 84o WesL, 1-.41- chains to stake ,f .S.8; thence South 60 45' West, 4.53 chains to stake ,J.S.7; thence South 20 45'West, 7 chains to stake rT.S.5; thence South 4.89 chains to stake,J.S.5; Lhence South 8o 45'West, 2 chains to stake,f.S.4; thence SouLh 90 East, 3.33 chians to stake J.S.3; thence South l-9o 15'East, 4 chains to stake.T.S.2; Lhence South 30 05' East, 3.52 chains to stake,J.S.1; thence SouLh 60 05'West, 8 chains to stake S.M.11 at the most Southerly corner of said Lot l-5; thence South 30o 45' West along t,he Easterly line of Lot 17, a distance of 8.1-1 chains to stake S.M.10; thence continuing along said Easterly line, South L2o West, 8.27 chains to the Northeast corner of Lot 1 of the subdivisions of the Ranchos El Pismo and San Miguelito according to map recorded'Aprit 30, 1885 in Book A, Page 157 of Maps,' thence North 560 West along the Northerly line of said Lot L, a distance of 35.5 chains to an angle point therein; t,hence continuing along said NorLherly line Nort.h 29o West, 33.8 chains Lo a coasL survey station at the most Northerly corner of said Lot 1, said point a1so being the Northeast corner of Lot 2, as shown on map last above referred to; thence North 7l-o l-5'West along the Northerly line of said Lot 2, a disLance of 18.75 chains to an angle point, therein; thence continuing along said Northerly line, Sout,h 79o West, 24.5 chains to an angle point ttrerein; thence South 29o 30' West along the Westerly l-ine of said Lot 2, a distance of L094.41 feet, more or l-ess, to the Southwesterly l-ine of Lot 17 as shown on the map recorded in Book A, Page 39 of Maps above referred to; t.hence North 72o 30' West along said Southwesterly line, 8.9 chains, more or less, Lo Lhe Point of Beginning. Except from that portion of Lot 13 lying Northerly of the line commencing at the Nort,heast. corner of Lot l-0 as shown on the map above referred to and running South 50o 51' 40" East across said Lot 13, a distance of 91.05 chains to the Northwest corner of Lot 16 as shown on said map, 38? of all the minerals, !fas, oils, petroleum, naphtha and other hydrocarbon substances in, in or under said land for ten years from .fu1y 14, 1-94t and so long thereafter as there is any commercial development of any of said minerals, 9ds, oils, petroleum, naphtha and other hydrocarbon substances in, on or under, said l-and, as reserved in t.he deed from Goldtree fnvestmenUs Company, a corporaLion, and Margaretha EIsa Mendel to 'John A. Guidetti, dated.fuly 1-4, 1-941 and recorded August 1-5, 1941 in Book 300, Page 432 of Official Records. Al-so except from that portion of Lot 13 lying Northerly of the line commencing at the Northeast corner of Lot 10 as shown on the map above referred to and running South 50o Policy No. Page 2 2:sers' - NH DESCRIPTION 5l-' 40" East across said lot J-3, a distance of 91.05 chains to the Northwest corner of Lot 15 as shown on said map, 12? of all- the minerals, gds, oils, petroleum, naphtha and other hydrocarbon substances in, oD, or under said l-and for ten years from August 13, a94L and so long thereafter as there is any commercial development of any minerals, 9ds, oils, petroleum, naphtha and other hydrocarbon substances in, oD, or under said land, as reserved in the deed from Wilhelm Straus and Morris Lowenthal, the duly appointed, qualified and acting administrators with the will annexed of the Estate of Helen Gol-dtree Nee Hel-ene Lieber, deceased, to .fohn Guidetti, dated August 13, 1941- and recorded August 15, 1941- in Book 300, Page 429 of Official Records. ALSO EXCEPTING therefrom an undivj-ded L/2 interest in all oil, mineral-, gds and other substances lying under the real property, as conveyed to ,Joseph S. Guidetti, as Trustee under the will of,fanice A. Guidetti, deceased, etal., in Quitclaim Deed recorded November 7, l-995 under Recorder's Series Number :-.996-057489. ALSO EXCEPTING therefrom any remal-ning interest in aLl- oil-, mineral, gas and other hydrocarbon resources below the surface of said property, as reserved by .fohn Guidetti in Deed recorded November 7, l-996 under Recorder's Series Number L996-0s7490. PARCEL 2 That portion of Lot 16 of the subdivisions of the Rancho San Miguelito, in the County of San Luis Obispo, State of California, according to the map made by R.R. Harris in 1875, recorded August,20, L875 in Book A, Page 39 of Maps, in Lhe Office of the County Recorder of said County, described as follows: Commencing at a stake marked S.M.l-l- at the Southeast corner of said Lot l-5; thence North 60 5'East, 8 chains to a stake marked,f.S.1,- thence North 30 5'WesL, 3.52 chains to a stake marked.t.S.2; thence North 19o 15' West, 4 chains to stake marked 'J.S.3,'Lhence North 90 West, 3.33 chains to a stake marked,J.S.4; thence North 80 45' East, 2 chains to a stake marked J.S.5,'thence North 4.89 chains to stake marked .f.S.5; thence North 20 45' East, 7 chains to stake marked,J.S.7; thence North 60 45' East, 4.53 chains to fence post marked.f.S.8; thence along fence South 84o EasU, L.4! chains to a stake marked.l .S.9, on the East line of said Lot l-6; thence South 13o l-5' West, 1.93 chains to stake marked S.M.l-3,- thence South 10 East, 23.40 chains to stake marked S.M.l-2; thence South 50 30' West, LL.37 chains to the Point of Beginning. EXCEPTING therefrom an undivided 1,/2 interest in aII oiI, mineralr gds and ottrer substances lying under the real property, as conveyed to,Joseph S. Guidetti, as Trustee under t.he wilL of 'Janice A. Guidetti, deceased, etal ., in Quitclaim Deed recorded November 7, l-996 under Recorder's Series Number L996-057489. ALSO EXCEPTING therefrom any remaining interest in all oil, mineral, gds and other hydrocarbon resources below the surface of said property, as reserved by ,Tohn Guidetti in Deed recorded November 7, l-995 under Recorder's Series Number L996-057490. PolicyNo. 23561s - NH SCHEDULE B EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys'fees or e4penses) which arise by reason of: 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. Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the public records. 2. Any facts, rights, interests or claims which are not shown by the public records but which could be ascertained by an inspection of the land or which may be asserted by persons in possession thereof. 3. Easements, liens or encumbrances, or claims thereof, which are not shown by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by the public records. 5. (u) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the public records. PART II AD 1. Property taxes, incl-uding any personal property taxes and any assessments coll-ected with taxes, for the fiscal year 1996-97. 1st Installment: 2nd Instal-l-ment: Irand: Code Area: Assessment No: 1st Instal-lment: 2nd Installment: Land: Improvements: Code Area: Assessment, No: l-st Installment: 2nd Installment: Land: Code Area: Assessment No: 1st Installment 2nd Instafl-ment Land: Code Area: Assessment No: $123.06 $l_23.06 $22 ,098 1l_2 - 03 0 076 ,t4L, OO]. #372.ss $372. ss $43,655 $23 ,243 1r-2 - 03 0 o76,LAL,OO2 $1r-7 . 16 $117 . 16 $21,039 r-12 - 03 0 076,t4L,OO7 $4.18 $4.18 i7s2 112-030 075, l_41, 008 Policy No. Page 2 2355r-5 - NH SCHEDULE B (continued) B 2. The Ij-en of supplemental taxes, if any, assessed pursuant to the provisions of Chapter 3.5 (commencing wit,h Sect.ion 75) of the Revenue and Taxatj-on Code of the State of California. C 3. Any adverse cl-aim based upon the assertion that: A. some portion of said land has been created by artificiaL means or has accreted to such portion so creaLed. B. Some portion of said land has been brought within t,he boundaries thereof by an avulsive movement of Arroyo DeI Corral de Piedra or has been formed by accretion to any such portion. ]-st Installment: 2nd InstallmenL: Land: Code Area: AssessmenL No: 1sL Installment: 2nd Insta]lment: Land: Code Area: Assessment No: In favor of Recorded: Purpose: Af fect,s: fn favor of: Recorded: $r-o .24 $t0.24 $2 ,037 052-08r_ 076,27L,009 #2L.37 $2]-.37 i4 ,249 052 - 081 076,271,0r0 Pacific Gas & Electric Company April 7, !942 in Book 321 at page 78 of Official Records a line of poles Lot 13 of Parcel l- Pacific Gas & Electric Company May 1-5, L964 in Book t297 at page 578 of Official Records E 4 Such rights and easements for navigation and fishery which may exist over that portion of said land lying beneath the waters of Arroyo De1 Corral de Piedra. 5. An easement for the purpose shown be1ow and rights incidental thereto as set forth in a document (No representation is made as to the present ownership of said easemenL. ) F 6. An easement for the purpose shown below and rights incidental thereto as set forth in a document (No representation is made as to the present ownership of said easement. ) SCHEDBC Policy No. Page 3 2356L5 - NIT SCHEDULE B (continued) (t n 7 Among other things, said document provides: Said decree further provides that no building or other strucLure be erected or placed on said land and from hereafter locating, drilling or operating any well within said 1and. An easement for the purpose shown below and rights incidental thereto as set forth in a document (No representation is made as Lo the present ownership of said easemenL.) Purpose Affects In favor of: Recorded: Purpose: Affects: Executed by Recorded: transmission lines over two st,rips of land L00 feet wide and 20 feet wide portions of Parcel- l- with other property Union Oi1 Company of California September 1-3, l-966 in Book 1409, Records A pipe line or pipe lines Property herein described Page 522 of Official ,fohn A. Guidetti OcLober 19, 1955 in Book L4l-3, Page 504 of Official Records Among other things, said document provides The right Lo instal-l- and maintain and airview marker or markers and test wires or wires in the l-ocation or locations deemed necessary and as modified by an instrument J By an instrumenL recorded May 1-8, L967 in Book 1435, Page L74 of OfficiaL Records, the location of said right of way was est,ablished as a strip of land one (1) rod in width, the cent,erline of which is described as follows: Commeneing at corner shown as rrTrr on record of survey fil-ed in Book 14, Page 1-05 of record of Surveys, in the office of said County recorder, and running North 64o t4' 48n West, 25.08 feet al-ong the South tine of Lot 17, as shown on said record of survey map to the True Point of Beginning; thence (1) North L3o 26' 30', East, 553.06 feet; thence (2) North 3l-o 19' 00rr East, 547.29 feeL; thence (3) North 10o 49' 45r East, 501.96 feet; thence (4) North l-o 40' 15 tr West, 231 . LO f eet; thence ( 5 ) North 18 o 11' 15 rr West, 262 .67 f eet ,. thence (6) North 7o 54' 15rr West, 222.3t feet,. thence (7) North 30 4t' 15rr EasL, 454.67 feet,. thence (8) North 40 02' l-5rt East, 461-.92 feet,. thence (9) North 70 5L' 45t East, 299.62 feet; thence (10) North I7o 46' 15" EasL, L279.87 feet, to a point which bears North 88o L2' 45t West, 25.00 feet from corner SM 1-4; SCHEDBC Policy No. Page 4 235615 -NH SCHEDULE B (continued) thence (11) North 0o thence (L2) North l-9o thence (13) North 55o thence (14) North 49o thence (15) North 44o feet from and para11el thence (16) North 5l-o thence (17) North 59o thence (18) North 45o thence (19) Nort,h 48o thence (20) North 32o thence (2L) North 45o tlrence (22) North l-3o thence (23) North 10 existing creek; thence continuing (24\ 47', 25' L4' 06, 01' to 05' L3, 29' 48' 55', 13', L9' 46' 15 rl 30rl 15 rl 00 rl 00 rl aP 00rl 30rl 30il 15 rl 45r 15 rl 00r, 30[ East, West, West, West, West, G.&E. WeST, West, West, West, West, West, WeSL, East, t278.67 feeru; 707.05 feet; 659.\4 feet; 181-3.80 feet; 458.85 feet to a point which is 459.50 Tower ]ine at Tower 572; 1155.52 feeL; 410.05 feeL; 1065 .48 f eet,' 373.84 feet,' 6 0L . 06 f eet,' 916.60 feet; 788.35 feeL; 226.45 feet to the centerline of an ^ Nort,h 7.o 46 ' 30'r East, 200.00 feet. EXCEPTING therefrom any portion lying Northerly of the various courses j-n the Northerly boundary line of Lot 13 of Rancho San Miguel-ito. 8. Discrepancies between the record dimensions of said Land and the ground measurements thereof as disclosed by licensed surveyors maps recorded in Book 14, Page 84 and in Book 14, Page 105 of Record of Surveys. Covenants and restrictions imposed by a Land Conservation ContracL executed pursuant to Section 5l-200 et seq. CaLifornia Government Code M l-0. Covenants and restrictions imposed by a Land ConservaLion Contract executed pursuant to Section 5l-200 et seq. California Government Code L 9 AG L2 Dated: Executed by Recorded: Affects: Dated: Executed by Recorded: Affects: January 1-7, L975 ,Joseph S. GuideEti and ,John H. Guidetti February 26, 1975 in Book 1820, Page 105 of Official Records Parcel 2 with other property rTanuary 17, 1,975 .fohn A. Guidetti February 26, l-975 in Book L820 at page !42 of Official Records and recorded April 28, 1975 in Book 1830 at page 40 of Official Records said land AF 11. Such rights as the owners of al-l oil, mineral, 9ds and ot.her substances, in, under or upon the land underlying the easemenL herein described may have in and to Lhe use of surface of said land. Covenant,s, conditions and restrictions but "omitting any covenant or restrict,ion based on race, color, religion, sex, handicap, fami1ial- sLaLus, SCHEDBC PolicyNo. Page 5 23561_5 - NH SCHEDULE B (continued) or national origin, " as set forth in t.he document Recorded November 6, l-996 under Recorder's Series Number L996-0s7490. 3 F{R I I EATH t4 t-l I I I 3 a.j;i L:.u*rrl. ri .\ FOR \ THIS PLAT !S FOE YOUR AID iN LO.Cfi'.|hG YOUtr LA}ID WITH REF€REttcE r" .r*=tifi fiinrin pascFll: ffi tlE ri'ii s PLAr i s BEUEI/ED ro BE coRRsS' ilJb;"PAh:Y-1T;ufrES No Li;-f,ii-irY on axv rsss occu*;il;;;EAsoN * *ffif""t#33: .t ' , " r'-li:{: ze-14'ii . i;'.TAX AREA COD: NO. tcsee*tzn *o.(aa') uorc: Prcrl: loll? CoFsiF(D:71?{Aa \171,i,1,,',*.'",. RANCHO SAN I.IIIGUELITO sAN iurs oglsPo couNrY CAL'FORNJA @oo { (4, I I -t,, sl caa97 SURYEY 5 13! -; 5.62 t5 3t4.59AC NOK 44 NOr;-AsssssoR's ElocK & LOT NUtlSrRs sHov" lN clRctEs ,_ .:-: - .-\s' .o l-,t l6 l- w79 s-al1 ,l \274: PTN. LOTS i7 & IB RHO.'SAN MIGIJLETO /:-\\z/1r I 76-27 5!O OUIRE (, a)., 7HS mP (slstcitst€r7 reHR€DFoF Pr.nFoS€s o^rLYc!t, .?ce r/t/bt DEfAIL '' ?" toar .s 72\col57 SUFyEY Srttor SJJ -(, /,,6tr\ i l> l \18_,, \_/I .cr \ s. ,€9 'DEtAtL" A" SCALE: r" = eaa' 5 11.9 ,0 THiS PLAT IS Fo.FI YOUR AID IN LOffNiG YOIJFI I.ANO wlT}I BEFEE€i{CE TC STREET AND O?HER PAfiCEtS. !.,,hILE TH{S PLg, IS.BEL|E./€D TO EE CCRRECT. TH= CCMPANY ASSUMES h,f, ir,rO.irrY OR ANY LOSS OCCUAHNG BY AEASCN OF RELIANCE :HEFEOH. AHTAGOTTIE Co. -:: -7:. PTN. 17 27t Prrt l?'7) PTN. 18 o-6r(I\ \ -/\r , iJ3-i€;:- ^Assessorl Mop tsk.76_pg.27tCounty of Son Luis Obispo, Cotif CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY 1990 CHICAGO TITLE INSURANCE COMPANY SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, CHICAGO TITLE INSURANCE COMPANY, a Missouri corporation, herein called the Company, insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the Amount of Insurance stated in Schedule A, sustained or incurred by the insured by reason of: than as stated thereinl. Title to the estate or interest described in Schedule A being vested other 2. Any defect in or lien or encumbrance on the title; 3. Unmarketability of the title; 4. Lack of a right of access to and from the land; sured mortgage of the insured and in addition, as to an insured lender only 5. The invalidity or unenforceability of the lien of the in upon the title; 6. The priority of any lien or encumbrance over the lien mortgage, said mortgage being shown in Schedule B in the order of its 7. The invalidity or unenforceability of any of the insured mortgage, provided the assignment Issued by; CHICACO TITLE COMPAI.'{Y 1212 Marsh Street San Luis Obispo, CA 93401 (805) 543-2900 CHICAGO TITLE INSURANCE COMPANY By: Secretary 4/,-.-/fv-a Pr"rid"yr/ W-*rr/,U"*u By l SCHEDULE A PolicyNo: Premium: 235615 - NH $1_, l_55 . 00 Amount of Insurance: g4OO, OOO . OO Dateof Policy: November 5, t996 at l-l- : 07am 1. Name of Insured: City of San Luis Obispo, a chartered municipal corporation 2. The estate or interest in the land which is covered by this policy is: An Easement more fully described below 3. Title to the estate or interest in the land is vested in: City of San Luis Obispo, a chartered municipal corporation 4. ThelandreferredtointhispolicyissituatedintheStateof California,Countyof san Luis obispo and is described as follows: SEE ATTACHED DESCRIPTION This Policy valid only if Schedule B is attached. PolicyNo. Page 1 2356L5 - NH DESCRIPTION A conservation easement, in gross, over the following described property: PARCEL ]- Lot 13 and those portions of Lots l-5 and t7 of the subdivision of the Ranchos San Miguelito, in the County of San Luis Obispo, State of California, according to the map made by R.R. Harris in 1875, and recorded August 20, 1875 in Book A, Page 39 of Maps, in the Office of the County Recorder of said County, included within the l-and described as follows: Beginning at Lhe most, Westerly corner of said Lot l-7; thence North 19o 15' East along the Northwesterly line of said Lot 17, a distance of 28.7 chains to the most Northerly corner of said Lot; thence North l-60 30' West along the Westerly line of Lot L3, a distance of 86.25 chains to the Northeast corner of Lot 10, as shown on Lhe map above referred to,. thence South 690 46' 28r East, 9460.26 feeL to a point on the East ]ine of Lot l-5 which bears South 0o 30' East along said East. Iine, l-250 feet from stake SM-4; thence South 0o 30'East along the EasL line of Lots 15 and L5, a distance of 23.45 chains to stake SM-l-4; thence South L3o 15'West along the Easterly line of saj-d Lot 15, a distance of 1-9.27 chains to a stake .1 .S.9; t,hence North 84o West, !.4L chains to stake ,f .S.8,. thence South 60 45' West, 4.53 chains to stake J.S.7; thence South 20 45' West, 7 chains to stake J.S.5; thence South 4.89 chains to stake J.S.5,' thence South 80 45'West, 2 chains to stake 'f.S.4; thence South 90 East, 3.33 chians to stake J.S.3,.thence South L9o l-5'East, 4 chains to stake.f.S.2; thence South 30 05' East, 3.52 chains to stake J.S.1; thence South 50 05'West, 8 chains to stake S.M.l-1 at the most Southerly corner of said Lot 16,'thence South 30o 45' West along the Easterly l-ine of LoU l-7, a distance of 8.1-l- chains to stake S.M.l-0; thence conLinuing along said Easterly line, Sout,h l-2o west, 8.27 chains to the Northeast corner of Lot 1 of Lhe subdivisions of the Ranchos E1 Pismo and San Miguelito according to map recorded April 30, l-886 in Book A, Page l-57 of Maps; thence North 660 West along the Northerly line of said Lot 1, a distance of 35.5 chains to an angle point therein; thence continuing along said Northerly l-ine North 29o West, 33.8 chains to a coast survey station at the most Northerly corner of said Lot L, said point also being t,he Northeast corner of LoL 2, as shown on map last above referred to; thence North 7l-o 15'West along the Northerly line of said Lot,2, a distance of 18.75 chains to an angle point therein; thence continuing along said Northerly Iine, South 79o West, 24-5 cinairns Lo an angle point therein; thence South 29o 30' West along the Westerly line of said Lot 2, a distance of 1094.41- feet., more or less, to the Southwesterly line of Lot L7 as shown on the map recorded in Book A, Page 39 of Maps above referred to; thence North 72o 30'west along said Southwesterly 1ine, 8.9 chains, more or less, to the Point of Beginning. Except from that portion of Lot 13 lying Northerly of the Line commencing at the NortheasL corner of Lot 10 as shown on the map above referred to and running South 50o 51' 40" EasL across said Lot 13, a distance of 9l-.05 chains to the Northwest corner of Lot 16 as shown on said map, 38? of all the mineral-s, !fds, oils, petroleum, naphtha and other hydrocarbon substances in, in or under said land for ten years from JuIy 14, L94t and so long thereafter as there is any commercial development of any of said minerals, gas, oils, petroleum, naphtha and other hydrocarbon substances in, on or under, said land, as reserved in the deed from Goldtree InvesLmenLs Company, a corporation, and Margaretha Elsa Mendel to .fohn A. GuidetLi, dated .fuly 14, L94L arrd recorded August 1-5, l-941- in Book 300, Page 432 of Official Records. Also except from thaL portion of Lot 13 lying Northerly of the Line commencing at the Northeast corner of Lot l-0 as shown on the map above referred to and running South 600 PolicyNo. 23sG.L5 Page 2 -NH DESCRIPTION 51' 40" East across said 1ot 13, a distance of 91.05 chaj-ns to the Nort,hwest corner of Lot l-6 as shown on said map, 12% of all the minerals, gds, oils, petroleum, naphtha and other hydrocarbon substances in, of,, or under said Land for ten years from August 13, L94L and so long thereafter as there is any commercial development of any minerals, 94s, oils, petroleum, naphtha and other hydrocarbon substances in, oo, or under said l-and, as reserved in the deed from Wilhelm Straus and Morris Lowenthal, the duly appoinLed, qualified and acting administrators with the will- annexed of the Estate of HeLen Goldtree Nee Helene Lieber, deceased, to ,fohn Guidetti, dated August 13, 1941 and recorded August 15, 1-941 in Book 300, Pag'e 429 of Officiaf Records. ALSO EXCEPTING therefrom an undivided I/2 interest in aII oil, mineral, gErs and other substances lying under the reaL property, as conveyed to,foseph S. Guidetti, as Trustee under the will of,fanice A. Guidetti, deceased, etal., in Quitclaim Deed recorded November 7, 1996 under Recorder's Series Number t996-057489. ALSO EXCEPTING therefrom any remaining interest in al-l- oiL, mineral, gas and other hydrocarbon resources below the surface of said property, as reserved by .Tohn Guidetti in,Deed recorded November 7, 1995 under Recorder's Series Number L995-O57490. PARCEL 2: That portion of Lot l-5 of the subdivisions of the Rancho San Miguelito, in the County of San Luis Obispo, State of Cal-ifornia, according to the map made by R.R. Harris in L875, recorded August,20, l-875 in Book A, Page 39 of Maps, in the Office of the County Recorder of said County, described as follows: Commencing aL a stake marked S.M.1-1 at the Southeast, corner of said Lot,16; thence North 6o 5' East, 8 chains to a stake marked.I .S.l-; thence North 30 5' West, 3.52 chains to a stake marked,f.S.2; thence North 19o 15'West, 4 chains to stake marked J.S.3,' Lhence North 90 West, 3.33 chains to a stake marked.f.S.4; thence North 8o 45' East, 2 chains to a stake marked.I.S.5; thence North 4.89 chains to sLake marked .1 .5.6,' thence North 20 45' East, 7 chains to sLake marked,J.S.7; thence North 60 45' East, 4.53 chains to fence post marked,J.S.8; Lhence along fence South 84o East, L.4L chains to a stake marked,l.S.9, on the East line of said Lot l-6; thence South 13o 15' West, 1.93 chains to stake marked S.M.l-3; thence South 10 East, 23.40 chains to sLake marked S.M.12; thence South 50 30'West, 11.37 chains to the Point of Beginning. EXCEPTING therefrom an undivided L/2 interest in all oil, mineral, gas and other substances lying under the real property, as conveyed to,foseph S. Guidetti, as Trustee under the will of ,fanice A. Guj-detti, deceased, etal ., in Quitclaim Deed recorded November 7, 1995 under Recorder's Series Number L996-057489. ALSO EXCEPTING therefrom any remaining interest in all oil, mineral, gas and other hydrocarbon resources below the surface of said property/ as reserved by ,John Guidetti in Deed recorded November 7, L995 under Recorder's Series Number L996-Os1490 - PolicyNo. 23s51-s.-NH SCHEDULE B EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys'fees or expenses) which arise by reason of: PART I l-. 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. Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the public records. 2. Any facts, rights, interests or claims which are not shown by the public records but which could be ascertained by an inspection of the land or which may be asserted by persons in possession thereof. 3. Easements, liens or encumbrances, or claims thereof, which are not shown by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by the public records. 5. (u) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the public records. PART II l-. ProperLy taxes, including any personal property taxes and any assessments collected with taxes, for the fiscal year 1996-97. AD 1st Installment: 2nd Instal-l-ment: Irand: Code Area: Assessment No: 1st Installment: 2nd Installment: Land: Improvements: Code Area: Assessment No: 1st Instal-l-ment: 2nd Instal-l-ment: Land: Code Area: Assessment No: 1st Instal-l-menL: 2nd Install-ment: Land: Code Area: Assessment No: $r.23.05 $123.06 #22 ,098 112-030 076,L4L,00]-. $372.ss $372. ss $43,655 fi23 ,243 1L2-030 o76,t4L,O02 $r-L7.16 $L17.15 $21, 039 1_12-030 o76,L4L,OO7 $4.18 $4 . l_8 $7s2 Lr-2-030 075, 1_4L, 008 I Policy No Page 2 23 5615 NIT SCHEDULE B (continued) 1st Insta]Lment: 2nd Installment: Land: Code Area: Assessment No: $r-0.24 $L0.24 $2,037 0s2 - 08r_ 076,27r,009 ]-st Instal-l-ment: 2nd InstaLlment: Land: Code Area: AssessmenL No: #21-.37 #2]-.37 $4 ,249 0s2 - 08r_ o76,27r,OLO B 2. The l-ien of supplemental taxes, if any, assessed pursuant to the provisions of Chapter 3.5 (commencing with Section 75) of the Revenue and Taxation Code of the state of California. C 3. Any adverse cl-aim based upon the assertion that: A. Some portion of said land has been created by artificial means or has accreted to such portion so created. B. Some portion of said land has been broughE wiuhin the boundaries thereof by an avulsive movement of Arroyo Del Corral de Piedra or has been formed by accretion to any such portion. D 4. Such rights and easements for navigation and fishery which may exist over that portion of said l-and tying beneath the waters of Arroyo Del Corral de Piedra. F 5. An easement for the purpose shown below and rights incidental- thereLo as set forLh in a document (No representation is made as to Ehe present ownership of said easement.) fn favor of: Recorded: Pacific cas & El-ectric Company April 7, t942 in Book 321 at page 78 of Official Records a l-ine of poles Lot l-3 of Parcel 1 Purpose: Affects: F 5. An easement. for t,he purpose shown below and right,s incidental thereto as set forth in a document (No representation is made as to the present ownership of said easement.) In favor of Recorded: Pacific Gas & Electric Company May 1-5, t964 in Book L297 aE page 578 of Official Records SCHEDBC Policy No. 23s6L5 Page 3 SCHEDULE B (continued) -NH Purpose: Affects: transmission lines over two strips of 1and L00 feet wide and 20 feet wide portions of Parcel 1 with other property G I Among other t,hings, said document provides: Said decree further provides that no building or other structure be erected or placed on said land and from hereafter locating, drilling or operating any well within said l-and. n 7 An easement for the purpose shown below and righLs set forth in a document. (No representation is made ownership of said easement.) incidenLal t,hereto as as to the present, In favor of Recorded: Purpose: Affects: Executed by: Recorded: Among other things, said document provides The right to instal-l- and maintain and airview marker or markers and test wires or wires in t.he locaEion or locations deemed necessary and as modified by an instrument Union Oil Company of California September 1-3, 1965 in Book L409, Records A pipe line or pipe lines Property herein described Page 522 of OfficiaL 'John A. Guidetti October 19, 1966 in Book l-413, Pag'e 504 of Official- Records J By an instrument recorded May 18, 1-967 rn Book 1435, Page I74 of Official- Records, the locaEion of said right of way was established as a strip of land one (1) rod in width, the centerl-ine of which is described as foll-ows Commencing aE corner shown as rrTrr on record of survey fil-ed in.Book 14, Page l-05 of record of Surveys, in the office of said County recorder, and running North 640 L4' 48n West, 25.08 feet along the South line of Lot 17, as shown on said record of survey map to t,he True Point of Beginning; thence (l-) North t3o 26 ' 30rr East, 553.06 feet; thence (2) North 31o 19' 00rr East, 547.29 feet,. Lhence (3) Nort,h L00 49' 45r East, 501.95 feet,. thence (4) North l-o 40' 15rr West, 23L.LO feet; thence (5) North 18o l-1' 15rt West, 262.67 feet; thence (5) North 7o 54' 15rt West, 222.31 feeL,. Lhence (7) North 30 41, ' l-5 rr East, 454 .57 f eet,. thence (8) North 40 02' l-5rr East, 46L.92 feet; thence (9) North 7o 5:-' 45r East, 299.62 feet; thence (10) North t1o 46 ' 15rt EasL, 1,279.87 feet to a point which bears North 88o L2' 45tt West, 25.00 feet from corner SM L4; SCHEDEC PotcyNo. Page 4 2356r5 -NH SCHEDULE B (continued) thence (1-l-) North 0o thence (]-zI North 19o thence (13) North 560 thence (14) NorLh 49o thence (15) Noruh 44o feet from and para1lel thence (16) North 5l-o thence (1,7) North 59o thence (18) North 45o thence (19) North 48o thence (20) North 32o thence (2a) North 45o thence (22) North 13o thence (23) North 10 existing creek; thence continuing (24) 47', 25' L4' 06' 0l- ' to 06' r_3, 29', 48' 55', r_3, L9' 46' 15 rl 30rl 15n 00tr 00fl aP 00 rl 30rl 30rl l_5 rl 45v 15 rl 00 rt 30rr East, West, West, West, WesL, G.&E. West, West, WesL, West, West, West, West, East, L278.67 feet; 7O7.OS feet; 659.L4 feet; 18L3 . 80 feet; 458.85 feet to a point which is 459.50 Tower line at Tower #72; 1l-55. 62 feet ; 4L0.05 feet; L065 .48 feet; 373.84 feet; 501 . 06 feet; 915 .50 feet; 788.35 feet,' 226.45 feet to the centerline of an K North Lo 461 30rr East, 200.00 feet EXCEPTING therefrom any portion lying Northerly of the various courses in the Northerly boundary line of Lot l-3 of Rancho San Miguelit,o. 8. Discrepancies between the record dimensions of said land and the ground measurements t.hereof as disclosed by licensed surveyors maps recorded in Book L4, Pagie 84 and in Book L4, Page l-05 of Record of Surveys. Covenants and resLrict,ions imposed by a Land Conservation Contract executed pursuant Lo Section 5L200 et seq. California Government Code L 9 M l-0. Covenants and restrictions imposed by a Land Conservation Contract executed pursuant to Section 5l-200 et seq. CaLifornia Government Code Dated: Execut,ed by: Recorded: Affects Dated: Executed by Recorded: Affects ,fanuary 17, L975 'Joseph S . Guidetti and ,fohn H. Guidetti February 25, 1-975 in Book 1820, Page 105 of OfficiaL Records Parcel 2 with other property ilanuary L7 , 1,97 5 .Iohn A. Guidetti February 26, 1975 in Book 1820 at page L42 of Official- Records and recorded April 28, 1975 in Book 1830 at page 40 of Official- Records said land AF AG LL. Such rights as the olrners of all oil, mineral, gas and other substances, in, under or upon the land underlying the easement herein described may have in and to the use of surface of said land. L2 Covenants, conditions and restrictions but "omitting any covenant or restriction based on race, co1or, religion, sex, handicap, familial status, 'l PolicyNo. Page s 2356]-5 - NH SCHEDULE B (continued) or national origin, " as set forth in the document Recorded:November 6, l-996 under Recorder's Series Number 1996-0s7490. THS ruiT IS FOE YOUR AID IN-LO.CATThG YOSF LAITD WITH REFaRElffcE r" ,r*=*ifffJrHin pnncELs' u't*:t€ rliis PL'\r is aEuB/ED ro BE coRRe&'-rIJ Ccuenxv- 1.ry"x*s No Li;'-.!'i- iTY on nxv t-oss occuR*t [fa-E'ric* ot "gg"$ti'iT3l: .. : raa-r ,-. ze-14'li tIAX AREA CODF NO. J€IPEA'EN tD'(ea') N6'a: P."'lt lo ll? CDio,Fro t 7) ?raAc '-!.i,!'lJ.''='' '"' RANCHO SAN \'/)\GIJEL\TO sAN iuls ogtsPo couNrY CAT'FORNIA aoo- l6a') I I ^nJ _./ s. 13 I -i ,:' aoa9; suersY .-\s''..-.\ o. 3;f; /:\./ i t5,-., r5 3r4.59AC ---:A\- €/-rcoK 44 NOTi-ASSESSOR',S stOCK e lol" NUMSERS SHOY" IN CIRCI.ES I I I I AR I t a EA 26.t4 ac z FOR 3 f.r3t r.. t4 l'1 I \/ IHT g5 42 rs M79 s.n.B s.t-11 PTN. LOTS i7 & IB RHO. SAN MIGULETO 76-27 THS KP 15 rePlR€D FErss€.ssr€vr F(rFosi€s oAa_y a 274, q 5!o 4p 5.O: ?G' I e)t4)\:_/ / ".\ D ETAlL '' E" toc s.!e SJJ a G.l CgaSf 5URVEy f:trot a G,>\ -./ i t<t' 79 E ,ecu u /t /bc -:: -r:- /./.2e. * s_ le9 :.. E 'DETatL" A'scrls: /'= eoc s r'.9 ,0 s-6f THiS PLAT IS FOR YOUF AID IN IOffNIG YOIJR LqNO wlTTIBEFEeENCa TC STREET tNO oTHER p,qRcELS. ltHiLE I I irs pLqT tS-BELiEVED To BE ccp.FrEcr. TH= ccMpAr\"/ ASSuMES No LrAFiLrryOR ANY LOSS OCCURRING BY AEASON OF RELIANCE'IHEFEON. CHGAGO TI]LECo. 27t PTN. 17 z 27t Pn4 t5- 3t PTN. IB os9 ^Assessor! Mop tsk.76 _pg.27l vounty of Son Lui s Obispo, Coti.f .