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HomeMy WebLinkAboutD-1220 City Owned Property 1330 Buchon (Water Yd) Recorded 10/02/1985;i.. i ,I- , „ . .aitiiaB0 1 0 10 P.1, P / 0 �-.' 1 4- . ` TICOR TITLE INSURANCE COMPANY AND WHEN RECORDED MAIL TO r-City of San Luis Obispo Name Attention: Anne M. Russell Street P.O. Box 8100 Address San Luis Obispo, CA 93403 -8100 City a .J l_ State OJ6� :J9 DOC. NO OFFICIAL RECORDS SAN LUIS OBISPO CO., CAL OCT 2 1985 FRANCIS M. COONEY County Clerk- Recorder TIME 9-e 15 AM -SPACE ABOVE THIS LINE FOR RECORDER'S USE CAT. NO. NNO0618 SHORT FORM DEED OF TRUST.AND ASSIGNMENT OF RENTS (INDIVIDUAL) TO 21939 CA (8 -82) (OPEN END) This Deed of Trust, made this 19th . day of September, 1985 , between MARK .E GODFREY, a single man herein called Trustor, whose address is 1769 San Luis Drive, San Luis Obispo CA 93401 (number and street) (cityf (state) (zip) Ticor Title Insurance Company of California, a California corporation, herein called Trustee, and CITY OF SAN LUIS OBISPO, A MUNICIAPL CORPORATION , herein called Beneficiary, Witnesseth: That Trustor IRREVOCABLY GRANTS, TRANSFERS AND ASSIGNS to TRUSTEE IN TRUST, WITH POWER OF SALE, that property in the City of San Luis Obispo San Luis Obispo County, California, described as: LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS.EXHIBIT "A" In the event the herein described property, or any part hereof or any interest therein, is sold, conveyed or alienated by trustor or any operation of law or otherwise,. all obligations secured by this instrument, regardless of the maturity dates expressed therein, at the option of the holder thereof shall immediately become due and payable. TOGETHER WITH the rents, issues and profits thereof, SUBJECT, HOWEVER, to the right, power and authority given to and conferred upon Beneficiary by paragraph (10) of the provisions incorporated herein by reference to collect and apply such rents, issues and profits. For the Purpose of Securing: 1. Performance of each agreement of Trustor incorporated by reference or contained herein. 2. Pay- ment of the indebt ess evidenced by one promissory note of even date herewith, and any extension or renewal thereof, in the principal sum of $ W,107. 50 executed by Trustor in favor of Beneficiary or order. 3. Payment of such further sums as the then record owner of said property hereafter may borrow from Beneficiary, when evidenced by another note (or notes) reciting it is so secured. To Protect the Security of This Deed of Trust, Trustor Agrees: By the execution and delivery of this Deed of Trust and the note secured hereby, that provisions (1) to (14), inclusive, of the fictitious deed of trust recorded in Santa Barbara County and Sonoma County October 18, 1961, and in all other counties October 23, 1961, in the book and at the page of Official Records in the office of the county recorder of the county where said property is located, noted below opposite the name of such county, viz: COUNTY BOOK PAGE COUNTY BOOK PAGE COUNTY BOOK PAGE COUNTY BOOK PAGE Alameda 435 684 Kings 792 833 Placer 895 301 Sierra 29 335 Alpine 1 250 Lake 362 39 Plumes 151 5 Siskiyou 468 181 Amador 104 348 Lassen 171 471 Riverside 3005 523 Solano 1105 182 Butte 1145 1 Los Angeles T2055 899 Sacramento 4331 62 Sonoma 1851 689 Calaveras 145 152 Madera 810 170 San Benito 271 383 Stanislaus 1715 456 Colusa 296 617 Merin 1508 _ 339 San Bernardino 5567 61 Sutter 572 297 Contra Costa 3978 47 Mariposa 77 292 San Francisco A332 905 Tehama 401 289 Del Norte 78 414 Mendocino 579 530 San Joaquin 2470 311 Trinity 93. 366 El Dorado 568 456 Merced 1547 538 San Luis Obispo 1151 12 Tulare 2294 275 Fresno 4626 572 Modoc 184 851 San Mateo 4078 420 Tuolumne 135 47 Glenn 422 184 Mono 52 429 Santa Barbara 1878 860 Ventura 2062 386 Humboldt 657 527 Monterey 2194 538 Santa Clara 5336 341 Yolo 653 245 Imperial 1091 501 Napa 639 86 Santa Cruz 1431 494 Yuba 334 486 Inyo 147 598 Nevada 305 320 Shasta 684 528 Korn 3427 ` 60 Orange 5889 611 San Diego Series 2 Book 1961, Page 183887 (which provisions, identical in all counties, are printed on the reverse hereof) hereby are adopted and incorporated herein and made a part hereof as fully as though set forth herein at length; that he will observe and perform said provisions; and that the references to property, obligations, and parties in said provisions shall be construed to refer to the property, obligations, and parties set forth in this Deed of Trust. The undersigned Trustor requests that a copy of any Notice of Default and of any Notice of Sale hereunder be mailed to him at his address hereinbefore set forth. Sigr;atur of rustor STATE OF CALIFORNIA } SS' COUNT F - .1 / / 'e, // On -,a before Mark .. Godfrey me, the ndersigned, a Notary Public in and for said State, personally appeared Mark E. Godfrey Personally known to me or proved to me on the basis of sat- isfactory evidence to be the person whose name is subsc� m bed to the within instruent and acknow�ged that a executed the same. WI NESS my d and officia al. Signature L-Z- i a Hampton wJ „)9 OFFICIAL, �::AI, ALITA HAftA TC!�I NnTARV PUBLIC . C1%'_IF0 [7NIA 1 PRINCIPAL OFFIr I" rs SAN LUIS OSISPO COUNTY 111 ..-. 1 MyCommissionczp`•resfeb Z/, 1537 '- IIIli 1111114' 101 Illllllllllill�llllll „I!:IIIIIIIiI,11�iIIlI II'I1,11',1 "li',11,.11I ��I t i area for official notarial seal) Escrow or Loan No. 150245-LW E RECORDING REQUESTED BY J . TTCOR TITLE INSURANCE COMPANY AND WHEN RECORDED MAIL TO City of San Luis Obispo Attention: Anne M. Russell zL P.O. Box 8100 _= San -Luis Obispo, CA 93403 -8100 L J DOC. NO 056259 -OFFICIAL RECORDS SAN LUIS OBISPO CO., CAL OCT 2 1985 FRANCIS M. COONEY County Clerk- Recorder TIME 19%.15 AM '06 57 DOC. NO. 6!)dq OFFICIAL RECORDS SAN LUIS 0816PO'CO., CA FEB 5 1986 FRANCIS M. COONEY County Clerk- Recorder TIME 8:00 AM I SPACE ABOVE THIS LINE FOR RECORDER'S USE CAT. NO. NNO0618 SHORT FORM DEED OF TRUST AND ASSIGNMENT OF RENTS (INDIVIDUAL) TO 21939 CA (8 -82) (OPEN END) This Deed of Trust, made this 19th day of September, 1985 between MARK Z GODFREY, a single man herein called Trustor, whose address is 1769 San Luis Drive, San Luis Obispo, CA 93101 (number and street) (crty) (state) (zip) Ticor Title Insurance Company of California, a California corporation, herein called Trustee, and CITY OF SAN LUIS OBISPO, A MUNICIAPL CORPORATION , herein called Beneficiary, Witnesseth: That Trustor IRREVOCABLY GRANTS, TRANSFERS AND ASSIGNS to TRUSTEE INTRUST, WITH POWER OF SALE, that property in the City of San Luis Obispo San Luis Obispo County, California, described as: LEGAL DESCRIPTION ATTACHED HERETO AND MADE A PART HEREOF AS EXHIBIT "A" The legal description contained in Parcel 2 E 3 are changed as to ref re points c ntained therein, on Exhibit IIB'r Ticor Title Insurance Company(b ) In the event the herein described property, or any part hereor or ny in ere therein, is sold, conveyed or alienated by trustor or any operation of law oll otherwise, all obligations secured by this instrument, regardless of the maturity dates expressed therein, at the option of the holder thereofshall immediately become due and payable. TOGETHER WITH the rents, issues and profits thereof, SUBJECT, HOWEVER, to the right, power and authority given to and conferred upon Beneficiary by paragraph (10) of the provisions incorporated herein by reference to collect and apply such rents, issues and profits. For the Purpose of Securing: 1. Performance of each agreement of Trustor incorporated by reference or contained herein. 2. Pay- ment of the indebt ess evidenced by one promissory note of even date herewith,, and any extension or renewal thereof, in the c�, principal sum of $ �ti ,107.50 executed by Trustor in favor of Beneficiary or order. 3. Payment of such further sums as the then record owner of said property hereafter may borrow from Beneficiary, when evidenced by another note (or notes) reciting it is so secured. To Protect the Security of This Deed of Trust, Trustor Agrees: By the execution and delivery of this Deed of Trust and the note secured hereby, that provisions (1) to (14), inclusive, of the fictitious deed of trust recorded in Santa Barbara County and Sonoma County October 18, 1961, and in all other counties October 23, 1961, in the book and at the page of Official Records in the office of the county recorder of the county where said property is located, noted below opposite the name of such county, viz: COUNTY BOOK PAGE COUNTY BOOK PAGE COUNTY BOOK PAGE COUNTY BOOK PAGE Alameda 435 684 Kings 792 833 Placer 895 301 Sierra 29 335 Alpine 1 250 Lalce 362 39 Plumas 151 5 Siskiyou 468 181 Amador 104 348 Lassen 171 471 Riverside 3005 523 Solano 1105 182 Butte 1145 1 Los Angeles T2055 899 Sacramento 4331 62 Sonoma 1851 689 Calaveras 145 152 Madera 810 170 San Benito 271 383 Stanislaus 1715 456 Colusa 296 617 Morin 1508 339 San Bernardino 5567 _ 61 Sutter 572 297 Contra Costa 3978 47 Mariposa 77 292 San Francisco A332 905 Tehama 401 289 Del Norte 78 414 Mendocino 579 530 San Joaquin 2470 311 Trinity 93 366 El Dorado 568 456 Merced 1547 538 San Luis Obispo 1151 12 Tulare 2294 275 Fresno 4626 572 Modoc 184 851 San Mateo 4078 420 Tuolumne 135 47 Glenn 422 184 Mono 52 429 Santa Barbara 1878 860 Ventura 2062 386 Humboldt 657 527 Monterey 2194 538 Santa Clara 5336 341 Yolo 653 245 Imperial 1091 501 Napa 639 86 Santa Cruz 1431 494 Yuba 334 486 Inyo 147 598 Nevada 305 320 Shasta 684 528 Kern 3427 60 Orange 5889 611 San Diego Series 2 Book 1961, Page 183887 (which provisions, identical in all counties, are printed on the reverse hereof) hereby are made a hereof as fully as though set forth herein length; he adopted and incorporated herein and part at that will observe and perform said provisions; and that the references to property, obligations, and parties forth in said provisions shall be construed to refer - to the property, obligations, and parties set in this Deed of Trust. Tile undersigned Th4stor requests that a copy of any Notice of Default and of any Notice of Sale hereunder be mailed to him at his address hereinbefore set forth. STATE OF CALIFORNIA COUNT , SS' On li S before Ine, the endersigned, a Notary Pub (s in and for said State, personally appeared Mark E. Godfrey personally known to me or proved to me on the basis of sat- isfactory evidence to be the person _whose name is subscribed to the within instrument and acknow a ged that he executed the same. WITNESS my d and officia al. Signature - ni a tialu.p Gun Title Order No. F, I - VUL Sig lure of rustor Mark E.' Godfrey nnnmm�mm�lnmmmlmmtmlmlmlrmtmlrmm�nunnnmmunmalnunnnnnn i mmmumnmmmml OFFICIAL SEAL ANITA HAMPTON NOTARY PUBLIC • CALIFORNIA PRINCIPAL OFFIrt IN 0 SAN LUIS OSISP0 COUNTY „L ,•� '''� "' "• MyL''onlmissionExp , res ` eb.27.1987 �aim;uaan, �: rrnnuu, yl, Iglalx;ral�::n��,rc:uurur.,:� . u:u;,c::nal:wsuawcwluuwuwwwrnu ; r` , l his area for official notarial seal) ;crow or Loam No. 150245 -LW 7"���1 1y ram%,n►, L. EXHIBIT "A" DESCRIPTION 15u24; -D` •- P- AG-E -�" (DT1) LOT 5 OF BLOCK 19, AS SHOWN ON THE MAP OF CENTRAL ADDITION, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, RECORDED JULY 27, 1894 IN BOOK A, PAGE 54 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. PARCEL 2: ALL THAT CERTAIN LOT, PIECE OR PARCEL OF LAND SITUATED IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AND BOUNDED AND DESCRIBED AS FOLLOWS., TO WIT: COMMENCING AT A POINT WHICH BEARS NORTH 40° 15' WEST 129.9 FEET; THENCE NORTH 49° 45' EAST 295.0 FEET FROM THE MOST SOUTHERLY CORNER OF BLOCK 19, CENTRAL ADDITION TO THE CITY OF SAN LUIS OBISPO, AS PER MAP RECORDED IN BOOK A, PAGE 54 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE RUNNING FROM SAID POINT OF BEGINNING SOUTH 400 15' EAST 87.2 FEET TO A POINT ON THE WESTERLY BOUNDARY LINE OF THE SOUTHERN PACIFIC RAILWAY COMPANY'S RIGHT OF WAY, AS CONVEYED BY DEED RECORDED DECEMBER 29, 1890 IN BOOK 9 , PAGE 583 OF DEEDS; THENCE ALONG THE SAID WESTERLY BOUNDARY LINE 'OF THE SOUTHERN PACIFIC COMPANY'S RIGHT OF WAY NORTH 40 01' EAST 121.8 FEET TO A POINT; THENCE SOUTH 490 45' WEST 85.0 FEET TO THE ABOVE MENTIONED POINT OF BEGINNING. EXCEPT THEREFROM THAT PORTION OF SAID LAND AS CONVEYED TO SOUTHERN PACIFIC RAILWAY COMPANY, BY DEED RECORDED AUGUST 2, 1920 IN BOOK 92, PAGE 129 OF DEEDS. PARCEL 3: ALL THAT CERTAIN LOT, PIECE OR PARCEL OF LAND SITUATED, LYING AND BEING IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AND BOUNDED AND PARTICULARLY DESCRIBED AS FOLLOWS, TO WIT: BEGINNING AT THE EAST CORNER OF LOT 5, BLOCK 19 OF THE CENTRAL ADDITION TO THE CITY OF SAN LUIS OBISPO, AS PER MAP RECORDED IN BOOK A. PAGE 54 OF MAPS AND RUNNING THENCE EAST 40° 15' WEST 139.9 FEET; THENCE NORTH 490 45' EAST, 100 FEET; THENCE SOUTH 40° 15' EAST, 87.2 FEET TO THE WESTERLY LINE OF THE RIGHT OF WAY OF THE SOUTHERN PACIFIC RAILROAD, AS CONVEYED BY DEED RECORDED DECEMBER 29, 1890 IN BOOK 9 , PAGE 5830F DEEDS; THENCE ALONG THE SAID RIGHT OF WAY LINE BY A RIGHT CURVE, SOUTHERLY 99.03 FEET; THENCE NORTH 580 34' WEST 16.3 FEET; VOL 2798 PAGE 206 VGL 2756 PAGE 150245 -DT (DTI) THENCE SOUTH 490 45' WEST 22 FEET TO THE POINT OF BEGINNING. EXCEPT THEREFROM THAT PORTION OF SAID LAND AS CONVEYED TO SOUTHERN PACIFIC.RAILWAY COMPANY BY DEED RECORDED AUGUST 2, 1920 IN BOOR 92, PAGE 129 OF DEEDS. (END OF DESCRIPTION) .l END OF DOCUMENT I 7• VOL. 2 796 PAGF 207 von "J6 PAGE t " I 7• VOL. 2 796 PAGF 207 von "J6 PAGE PARCEL 1: EXHIBIT "B" LOT 5 OF BLOCK 19, AS SHOWN ON THE MAP OF CENTRAL ADDITION, IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, RECORDED JULY 27, 1894 IN BOOK A, PAGE 54 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. PARCEL 2: ALL THAT CERTAIN LOT, PIECE OR PARCEL OF LAND SITUATED IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AND BOUNDED AND DESCRIBED AS FOLLOWS, TO WIT: BEGINNING AT THE MOST SOUTHERLY CORNER OF BLOCK 19, CENTRAL ADDITION TO THE CITY OF SAN LUIS OBISPO, AS PER MAP RECORDED IN BOOK A, PAGE 54 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. THENCE NORTH 400 15' WEST 139.9 FEET; THENCE NORTH 490 45' EAST 295.0 FEET TO THE TRUE POINT OF BEGINNING. THENCE RUNNING FROM SAID TRUE POINT OF BEGINNING SOUTH 400 15' EAST 87.2 FEET TO A POINT ON THE WESTERLY BOUNDARY LINE OF THE SOUTHERN PACIFIC RAILWAY COMPANY'S RIGHT OF WAY, AS CONVEYED BY DEED RECORDED DECEMBER 29, 1890 IN BOOK 9, PAGE 583 OF DEEDS; THENCE ALONG THE SAID WESTERLY BOUNDARY LINE OF THE SOUTHERN PACIFIC COMPANY'S RIGHT OF WAY NORTH 40 01' EAST 121.8 FEET TO A POINT; THENCE SOUTH 490 45' WEST 85.0 FEET TO THE TRUE POINT OF BEGINNING. r EXCEPT THEREFROM THAT PORTION OF SAID LAND AS CONVEYED TO SOUTHERN PACIFIC RAILWAY COMPANY, BY DEED RECORDED AUGUST 2, 1920 IN BOOK 92, PAGE 129 OF DEEDS, PARCEL 3: ALL THAT CERTAIN LOT, PIECE OR PARCEL OF LAND SITUATED, LYING AND BEING IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AND BOUNDED AND PARTICULARLY DESCRIBED AS FOLLOWS, TO WIT: BEGINNING AT THE EAST CORNER OF LOT 5, BLOCK 19 OF THE CENTRAL ADDITION TO THE CITY OF SAN LUIS OBISPO, AS PER MAP RECORDED IN BOOK A, PAGE 54 OF MAPS AND RUNNING THENCE NORTH 400 15' WEST 139.9 FEET; THENCE NORTH 490 45' EAST, 100 FEET; THENCE SOUTH 400 15' EAST, 87.2 FEET TO THE WESTERLY LINE. OF THE RIGHT OF WAY OF THE SOUTHERN PACIFIC RAILROAD, AS CONVEYED BY DEED RECORDED DECEMBER 29, 1890.IN BOOK 9, PAGE 583 OF DEEDS; THENCE ALONG THE SAID RIGHT OF WAY LINE BY A RIGHT CURVE, SOUTHERLY 99.03 FEET; THENCE NORTH 580 34' WEST 16.3 FEET; VOL 2 798 PACE 208 0 • � ,� 150.245 -DT (DTI) THENCE SOUTH 49° 45' WEST 22 FEET TO THE POINT OF BEGINNING. EXCEPT THEREFROM THAT PORTION OF SAID, LAND AS CONVEYED TO SOUTHERN PACIFIC RAILWAY COMPANY BY DEED RECORDED AUGUST 2, 1920 IN BOOK 92, PAGE 129 OF DEEDS. (END OF DESCRIPTION) [-END-- OF DOCUMENT VOL 2798 PAGE207 VOL 27v6 PAGE to VOL 2798 PAGE207 VOL 27v6 PAGE x.01 i 11 -.a. hJ iCl(:Iailj l bulul L' I A. . ------- NOTE SECURED BY DEED OF TRUST (STRAIGHT NOTE) 88 107.50 San Luis Obispo California, September 19 , 19 85_ _DUE ON OR BEFORE Octnbpr 2, 1990 a(tl464&1 for value received, I /we promise to pay to CITY OF s,.jq LUIS OBISPO A MUNICIPAL CORPORATION __... - -' - -- -- NI or order at_Sa,n Luis Obispo, CA -- THOUSAND ONE HUNDRED the sum of EIGHTY EIGHT NDRED SEVEN AND 50/100=-------- - - - - =DOLLARS, with interest on the unpaid principal amount from Qctober 2 1,985 at the rate of Ten (10%) percent per annum, interest payable monthly, commencing November 2. 1905 The within note may be paid in part or in full at an i-me W t,i,vu� =••ate�� In the event the herein described property, or any part hereof or any interest therein is sold conveyed or alienated by trustor or by operation of law or otherwise all obligations secured by this instrument regardless of-the—maturity dates expressed herein at the option of the holder thereof shall immediately become due and payable. Should default be made in payment of interest when due the whole sum of principal and interest shall become immediately due at the option of the holder of this note. Principal and interest payable in lawful money of the United States. If action be instituted on this note I /we promise to pay such sum as the Court may fix as attorney's fees. This note is.secured by DEED OF TRUST to TICOR TITLE INSURANCE COMPANY OF CALIFORNIA, a California corpo- ration, as Trustee. 14aark 4---. Godfrey nl � CAT. NO. NN0108' J TO 1931 CA (64�41 THIS FORM FURNISHED BY' TICOR TITLE INSURANCE DO NOT DESTROY THIS NOTE FAKGEL 1: • • 150245 -�,. (DT 1) EXHIBIT "A" DESCRIPTION LOT 5 OF BLOCK 19, AS SHOWN ON THE MAP OF CENTRAL ADDITION, IN CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, RECORDED JULY 27, 1894 IN BOOK A. PAGE 54 OF MAPS. OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. PARCEL 2: THE IN THE ALL THAT CERTAIN LOT, PIECE OR PARCEL OF LAND SITUATED IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AND BOUNDED AND DESCRIBED AS FOLLOWS, TO WIT: COMMENCING AT A POINT WHICH BEARS NORTH 400 1.5' WEST 1.29.9 FEET; THENCE NORTH 490 45' EAST 295.0 FEET FROM THE MOST, SOUTHERLY CORNER OF BLOCK .19, CENTRAL ADDITION TO THE CITY OF SAN LUIS OBISPO, AS PER MAP RECORDED IN BOOK A, PAGE 54 OF MAPS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE RUNNING FROM SAID POINT OF BEGINNING SOUTH 400 15' EAST 87.2 FEET TO A POINT ON THE WESTERLY BOUNDARY LINE OF THE SOUTHERN PACIFIC RAILWAY COMPANY'S RIGHT OF WAY, AS CONVEYED BY DEED RECORDED DECEMBER 29, 1890 IN BOOK 9 , PAGE S83 OF DEEDS; THENCE ALONG THE SAID WESTERLY BOUNDARY LINE-OF THE SOUTHERN PACIFIC COMPANY'S RIGHT OF WAY NORTH 40 01' EAST 12.1.8 FEET TO A POINT; THENCE SOUTH 490 45' WEST 85.0 FEET TO THE ABOVE MENTIONED POINT OF BEGINNING. EXCEPT THEREFROM THAT PORTION OF SAID LAND AS CONVEYED TO SOUTHERN PACIFIC RAILWAY COMPANY, BY DEED RECORDED AUGUST 2, 1920 IN BOOK 92, PAGE 129 OF DEEDS. PARCEL 3: ALL THAT CERTAIN LOT, PIECE OR PARCEL OF LAND SITUATED, LYING AND BEING IN THE CITY OF SAN LUIS OBISPO, COUNTY OF SAN LUIS OBISPO, STATE OF CALIFORNIA, AND BOUNDED AND PARTICULARLY DESCRIBED AS FOLLOWS, TO WIT: BEGINNING AT THE EAST CORNER OF LOT 5, BLOCK 19 OF ADDITION TO THE CITY OF SAN LUIS OBISPO, AS PER MAP A, PAGE 54 OF MAPS AND RUNNING THENCE EAST 400 15' THENCE NORTH 49° 45' EAST, 100 FEET; - THE CENTRAL RECORDED IN -BOOK WEST 1.39.9 FEET; THENCE SOUTH 409 15' EAST, 87.2 FEET TO THE WESTERLY LINE RIGHT OF WAY OF THE SOUTHERN PACIFIC RAILROAD, AS CONVEYED RECORDED DECEMBER 29, 1890 IN BOOK 9 , PAGE S830F DEEDS; THENCE ALONG THE SAID RIGHT OF WAY LINE BY A RIGHT CURVE, 99.03 FEET; THENCE NORTH 580 34' WEST 16.3 FEET; OF THE BY DEED SOUTHERLY VOL 2 7% PACE • 150245 -DT (DT1) THENCE SOUTH 49° 45' WEST. 22 FEET TO THE POINT OF BEGINNING. EXCEPT THEREFROM THAT PORTION OF SAID LAND AS CONVEYED TO SOUTHERN PACIFIC RAILWAY COMPANY BY DEED RECORDED AUGUST 2, 1920 IN BOOK 92, PAGE 129 OF DEEDS. (END OF DESCRIPTION) rikin nr nnr„iknrMT vii, 27 r3pur 4 No. 4-S 87 69.29 *4,nce 11194 NEW RENEWAL OR BINDER NO. '.'. O R EG O N MUTUAL Insured's Name and Mailing Address' INSURANCE COMPANY . MARK E. GODFREY, A SINGLE MAN OF 1760 SAN LUIS DRIVE McMINNVILLE, OREGON 97128 SAN LUIS OBISP10, CALIFORNIA 93401 9/3L8 ONE (CtONTINUOUS), mutual company o /an /us; - Inception ( o. ay Yr.) Expiret on o. ey Yr.) Years Non- Assessable Policy It is important that the written portions of all policies covering the same property read exactly alike. If they do not, they should be made uniform at on INSURANCE IS PROVIDED AGAINST ONLY THOSE PERILS AND FOR ONLY THOSE COVERAGES INDICATED BELOW BY A PREMIUM CHARGE AND AGAINST OTHER PERILS AND FOR OTHER COVERAGES ONLY WHEN ENDORSED HEREON OR ADDED HERETO. PREPAID TERM ANNUAL PAYMENT PERILS) Insured Against and Cover - AMOUNT RATE PREMIUM DUE DUE UNDER DEF. a e(s) Provided (Insert Name of Each) AT INCEPTION PREM. PAY. PLAN 0 a $ , $ . 263 $ 232. $ FIRE AND LIGHTNING x x x x x x x $ • 057 $ 5O • $ EXTENDED COVERAGE $ .008 $ 7. $ V &MM . .060 $ 53.. $ SPECIAL ECE $ TOTAL PREMIUM TOTAL(S) $ 10. $ AUTOMATIC, INCREASE FOR POLICY TERM UNDER D. P. P. P. 352 Item Amount Fire or Fire Per Cent of DESCRIPTION AND LOCATION OF PROPERTY COVERED and Extended Cov- Co- IRfuraece show eonstrueflon, type of roof and occupancy of building(s) covered or No. lerage, or Other Peril Applicable containing the pro pery covered. If occupied as a dwelling state number of families. 1. -$ 35,280. 90%. ON FRAME BUILDING OCCUPIED AS CONTRACTORS STORAGE 2. 52,920..; 90% ON FRAME BUILDING,OCCUPIED AS.POOL SUPPLY LOCATED: 1330 BUCHON STREET,-SAN LUIS OBISPO, CALIFORNIA Subject to Form No(s). CF0013 (10/83) ,OMG249 (5/84) :LCF0124N(12/791, CF1215 (4/77) ,438BFUNS (5 /42)ttached hereto. Mortgage Clause: Subject to the provisions of the mortgage clause attached hereto, loss, if any, on .building items, shall be payable to: CITY OF,SAN LUIS OBISPO, A MUNICIPAL CORP. C/0 ANN RUSSELL,' P.O. BOX 810,(NeeRT NAMa(el OF MORTGAGO9101 AND MAILING ADORase(asII SAN LUIS OBISPO, CALIFORNIA �9J3403 -8100 Agency at ARROYO ' G :CALIFORNIA Countersignature Date 9/30/85 sh - gent IN CONSIDERATION OF THE PROVISIONS AND STIPULATIONS HEREIN OR ADDED HERETO AND OF the above specified dollars premium, this Company, for the term of.years specified above from inception date shown above At 12:01 A.M. (Standard Time) to expiration date shown above At 12:01 A.M. (Standard Time) at location of property involved, to an amount not exceeding the above specified dollars, does insure the insured named above and legal representatives, to the extent of the actual cash value of the property at the time of loss, but not exceeding the amount which it would cost to repair or replace the property with material of like kind and quality within a reasonable time after such loss, without allowance for any increased cost of repair or reconstruction by reason of any ordinance or law regulating construction or repair, and without compensation for loss resulting from interruption of business or manufacture, nor in any event for more than the interest of the insured, against all LOSS BY FIRE, LIGHTNING AND BY REMOVAL FROM PREMISES ENDANGERED BY THE PERILS INSURED AGAINST IN THIS POLICY, FofCEPT AS HEREINAFTER PROVIDED, to the property described herein while located or contained as described in this policy, or pro rata for five cl.iy; al c,ch pr--per place to which any of the property shall necessarily be removed for preservation from the perils insured against in this policy, but not elsewhere. Assignment of this policy shall not be valid except with the written consent of this Company. This policy is made and accepted subject to the foregoing provisions and stipulations and those hereinafter stated, which are hereby made a part of this policy, together with such other provisions, stipulations and agreements as may be added hereto, as provided in this policy.