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D-902 Broad St. At Freeway Stenner Creek-Old Garden Recorded 09/19/1973
RECORDING REQUESTED B` Sec.. Title Ins. Co. AND WHEN RECORDED MAIL TO F NAME City of San Luis Obispo ADDRESS c/o Art Shaw, City Attorney CITY & City Hall STATE San Luis Obispo, Ca. 93401 t--- MAIL TAX STATEMENTS TO I NAME ADDRESS CITY & ��- STATE L- L -1 J INIM AIL 3076310 L, RBWM XN CUTS OBISPO CO., CALIF. WILLIAM E. ZIMARIK. . COUNTY RECORDER SEPI 91973 COMPARED •Mv*n 0383019" P.00000.0O JECIF ,,3930"f') 19" P001Q24.75 TAX 03830;' 19' 60 0007�.75ST SPACE ABOVE THIS LINE "FOR RECORDER'S USE Documentary transfer tax 8-.- 2.4,75 ..... ...... .............. . .. ® Computed on full value of property conveyed, or ❑ Computed on full value less liens & encumbranc s remaining there at tit o sale. --------------- � Signature of declarant or agent determining tax - firm name ❑ Unincorporated area KI City of ... San. -Lu s.- [Obispo Grant Deed THIS FORM FURNISHED BY SECURITY TITLE INSURANCE COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, OTTO W. KOEPHEN, a widower .hereby GRANT(S) to CITY OF SAN LUIS OBISPO, a municipal corporation the following described real property in the City of San Luis Obispo county of San Luis Obispo , state of California: SEE DESCRIPTION ATTACHED AS EXHIBIT "A" CONSISTING OF ONE PAGE Dated_ September 11, 1973 STATE OF CALIFORNIA l COUNTY OF SAn. Luis. Obispo } SS. On September 11, 1973 before me, the under- signed, a Notary Public in and for said County and State, personally appeared Otto W. Koethen known to me to be the person whose name is subscribed to the within r. rument and acknowledged that hp executed the same. /j. � __)'21 —i _ _ 2 � /) 4 Signature of Notary Name (Typed or Printed) of Notary Title Order No I (GS ) rRo„ s_a7i 9 nt o W. ltoeznen,,_� FOR NOTARY SEAL OR STAMP DOR1S M. EECKHOUT� -m NOTARY PUBLIC SAN LUIS OBISPO COUNTY CALIFORNIA My Commission Expires June 2, 1974 1 \Tp 7f W -de LVOL 17`#5. PAGE; 5 MAIL TAX STATEMENTS AS DIRECTED ABOVE D G () 7 Jz I— a � CL 0 U �- w Q Cl U N ILW? W JZ �a �a 0 Q Q u wZ Ul _ WN J Z . ¢ 0 _j Q L .LL r 2 W J Z y J 7 Z C W '� W 7 e O U u 0 m LL - 0 m O LL J a W ]F W mF U LL O 0 W u; Q O W J u W u x m m a: Z 0 i Q 0 y Y _ x y Q '�,° u O a s W W ? U (n ma m m 0 vQ O W Z J O 0 a P1 y IL U) U) z a 0 J a W JZ �a �a 0 Q Q u wZ Ul _ W a v _ N O _j Q ; a 0 W a 1,,.•a F W '� W 7 Z O 0 J Z 7 C e i O U LL m J m LL J 31 w OF — U W O 0 W u ° W u x Z li 0 0 0 O 0 Y u y �' W U N '�,° a a O a s W ? 0 m m 0 rn �JJ Z a J IL W JZ �a �a 0 Q Q u wZ Ul _ MA ME That part d the Northeast Quarter of the Southeast Quarter of Section 27, Township 30 Soupy FAnge 12 East, Mount Diablo Base and Meridian, in the City of San Luis Obispo, County of San Luis Obispo, State of California, according to the official pot or plats of the survey of said lands returned to the General Land Office, by the Surveyor General, described as follows: Begimming at a point on the Westerly line of North Broad Street Distant South 34° 50' East along said Westerly line, 34.1 feet from the intersection of said Westerly line with the Southerly line of Lincoln Avenue as said Street and Avenue are shown on the map of the Anholm Addition to the City of San Luis Obispo, recorded in Book 3, at Page 91 of Maps, records of said County; thence South 25° 22' West 98.3 feet; thence South 11° 30' West 117 feet; thence South -45° 121 Bast 215 feet; bore or less, to the Westerly line of the land conveyed to P. H. Dallidet, Senior, by Deed dated September 26, 1887 and recorded in Book.")° of Deeds, at Page 494, records of said County; thence Northerly along said Westerly line, 152.1 feet, more or less, to the Westerly line of North Braced Street; thence along said Westerly line of said Street, forth 360 24' West 53.5 feet, North 55° 10' East 5 feet and North 340 50' West 204 feet to the place of beginning. Said propety is shown on a map recorded October 2, 1944 in Book 3 at Page 36 of Record of Surveys. LVOL17.45 PAGES -. 6 W 09 W 0 0 CERTIFICATE OF ACCEPTANCE � *assssses «ssss THIS IS TO CERTIFY that the interest in real property conveyed by the Grant Deed dated September 11 , 19 73 from Otto W. Koethen to the CITY OF SAN LUIS OBISPO, a Political Corporation, is hereby accepted by the undersigned officer on behalf of the City Council pursuant to authority conferred by Resolution No. 549 (1959 Series), recorded May 26, 1959, in Volume 1002, Official Records, Page 292, San Luis Obispo County, California, and the Grantee consents to recordation thereof by its duly authorized officer or his agent. Date; September 12, 1973 CITY OF SAN LUIS OBISPO 0 AT'f MT;, END 'OF DOCUMENT yor r LYOL1 1 `t5 PAGE+ C4 END 'OF DOCUMENT yor r LYOL1 1 `t5 PAGE+ C4 i City of San. Luis- Obispo _ cc California . PURCHASE ORDER To Security Title Date 9 /13/73 SLO, CA 93401 Deliver to Department Address venue Sharing (UNLESS OTHERWISE STATED ALL PRICES F.O.B. DESTINATION) QUANTITY UNIT DESCRIPTION ACCOUNT TO UNIT AMOUNT BE CHARGED PRICE. Boethen.property purchase. 22,375.00 Escrow fees 219.50 302.1 CONFIRMING RECEIVED �' Total Amount $ 22,594.50 SUBJECT TO CONDITIONS PRINTED BELOW. DO NOT ACCEPT THIS ORDER UNLESS IT IS SIGNED BELOW. I hereby certify that this order is authorized by a properly executed and approved requisition. Request of Sbaw Purchasing Agent TERMS and CONDITIONS 1. Mail your invoice'to the Purchasing Office, City .Hall;_ San Luis Obispo. INVOICE MUST INCLUDE PURCHASE ORDER NUMBER. .2. All packages, cartons; or other containers must be plainly marked with the Purchase Order Number. �S\ SECURITY TITLE INSURANCE COMPANY SECURITY 1043 MARSH ST., P.O. BOX 1145, SAN LUIS OBISPO, CALIFORNIA. 93406 • (805) 543 -8211 TITLE LE PRELIMINARY REPORT Art Shaw City Attorney City Hall San Luis Obispo, Ca. 93401 Your No. Attention: Our No. 97604 Dated as of August 30 19 73 at 7:30 A.M. In response to the above referenced application for a policy of title insurance, SECURITY TITLE INSURANCE COMPANY hereby reports that it is prepared to issue, as of the date hereof, a California Land Title Association Standard. Coverage Form Policy' of Title Insurance describing the land and the estate or interest, therein hereinafter'set forth in Schedule A, insuring against loss which may be sustained-by reason, of, any defect, lien or encumbrance not shown or re- ferred to as an Exception in Schedule B or not _excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said policy form. This report (and any supplements or amendments thereto) is issued solely for the pur- pose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired. that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. JohnWilson Title Officer P -116 Rev. 1 -70 CLTA Preliminary Report Form SCHEDULE A 'The estate or interest in the land described or referred to in this schedule covered by this report is: A fee. Title to said-estate. or interest at the date hereof is vested in:, OTTO W. KOETHEN., a widower. The land referred to in this report is situated in the, State of California, County of.. San Luis Obispo .and is described as follows: ti See description attached. P -116 -C (G.S.) CLTA Preliminary Report Form Ch's ,.t."�_y 'C.�y .I: {r' ...�.T�-'lL M.t� .'.,_ .: ff -"�f •�,:� +.L:iyvx •'� ...: 7.. ..t- r' e. rl.'�`.7 _ - �.Sr J.'a That part of the'Northea.st quarter of the Southeast quarter of Section 272 Township 30 South, Range 12 East, Mount Diablo Base and Meridian, in the City of San Luis Obispo, County of San Luis Obispo, State of California, according to the official plat or plats of the survey of said lands returned to the General Land Office, by the Surveyor General, described as follows; Beginning at a ppooint on the Westerly line of North Broad Street distant South 34° 50' East along said Westerly line, 34.1 feet from the intersection of said Westerly line with the Southerly line of Lincoln Avenue as said Street and Avenue are shown on the map of. the Anholm Addition to the City of San Luis Obispo, recorded in wok 3, at page 91 of Maps, records of said County; thence South � D 221 West 98.3 feet; thence South ll° 30' West 117 feet; thence - South 45° 12' East 215 feet; more or less, to the Westerly line .of the land conveyed to P. H. Dallidet, Senior, by Deed dated Septekber 26,-1887 and recorded in Book "X" of Deeds, at page 494, records of said County; thence Northerly along said Westerly line, 152.1 feet, more or less, to the Westerly line of North Broad Street; thence along said Westerly line of said Street, North 360 24' West 53.5 feet, North 550 10' East 5 feet and North 340 5V West 204 feet to the place of beginning. Said property is shown on a map recorded October 2, 1944 in Book 3 at page 36 of Record of Surveys. SCHEDULE B At the date hereof Exceptions to coverage in addition to the printed exceptions and exclusions contained in said policy form would be as follows: 1. General and special taxes for the fiscal year 1973 -74, now a - -l.ien,' but not yet due and payable. _ Note: General and special taxes for the fiscal year 1972 -73, for proration purposes; First installment 1232.98 Paid Second -installment : 232.98 Paid - Far.c.el number : 1- 181 -06 Code area : 3 -00 Exemption $750.00. 9 -7 -73 , mf d _. P -116 -D (G.S.) CLTA Preliminary Report Form. ®s A e 0 v?t t 4-- h N Nil 1 -4 3N 1 y sv � ►/ tG07 i CZ 735 ob �,/•sr+v' �iia '°p! Z1 or IPA \_ w l e y ` r 60 1 04 "Z6 O T tl Ro k q� w�\ 4 0 A 6 sr i rn a { O� Q� x Ge O m d a 0 4\ Y O 414d Me h O q� log tl , o Sy- � �r J � o `� � 9 „a -�, Sp CL, ti 0 ` b 4� \ ` q �R�fn,\ a •t. ° i�4tl, 7 O41 o °\ �l0 ilry sr 0 O ar d X ov 4oOo°/ /V p eL ° 6O e° a'� o C2 0 Z s / s��• q� fp�p •n m C _ / 0\ b {s Z O T 0 z O = D O N e 5 Q 0 0 ° •y FS W Z 0 O lip /S\ SECURITY TITLE INSURANCE COMPANY SECURITY .,. P.O. X_ 1145, SAN LUIS OBISPO, CALIFORNIA 93406 • TITLE LE 1043 MARSH ST BO - (805) 543 -6211 PRELIMINARY REPORT • Art Shaw • City Attorney • City Hall San Luis Obispo, Ca. 93401 Your No. Attention: Our No. 97604 Dated as of August 30 19-73— at 7:30 A.M. In response to the above referenced application for a policy of title insurance, SECURITY TITLE INSURANCE COMPANY hereby reports that it is prepared to issue, as of the date hereof, a California Land Title Association Standard Coverage Form Policy of Title Insurance describing the land and the estate or interest therein hereinafter set forth in Schedule A, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or re- ferred to as an Exception in Schedule B or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said policy form. This report (and any supplements or amendments thereto) is issued solely for the pur- pose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired. that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. JohnWilson Title Officer P -116 Rev. 1 -70 CLTA Preliminary Report Form ® SA/6Y mr.r mMn d..�,ln, nY.un! i�ri. ewn. SCHEDULE A The estate or interest in the land described or` referred -to in this .schedule covered by this report is: A fee . Title to said estate or interest at the -date hereof is- vested in:- OTTO W. KOET HEN o - a widower The land referred to in this. report is situated in the State. of .California, County of. San Luis Obispo and is described as follows: See description attached. • P -116 -C (G.S.) CLTA Preliminary Report Form es That part of the Northeast quarter of the Southeast quarter of Section 270 Township 30 South, Range 12 East, fount Diablo Base and Meridian, in the City of San Luis Obispo, County of San Luis Obispo, State of California, according to the official plat or plats of the survey of said lands returned to the General Land Office, by the Surveyor General, described as follows; Beginning at a ppooint on the Westerly line of North Broad Street distant South 34° 50' East along said Westerly line, 34.1 feet from the intersection of said Westerly line with the Southerly line of Lincoln Avenue as said Street and Avenue are shown on the map of the Anholm Addition to the City of San Luis Obispo, recorded in ok 3, at page 91 of Maps, records of said County; thence South 22.' West 98.3 feet; thence South 110 30' West 117 feet; thence 9o-uth 45° 12' East 215 feet; more or less, to the Westerly line .Of the .land conveyed to P. H. Dallidet, Senior, by Deed dated September •26, '1887 and recorded in Book "X" of Deeds, at page 494, records of said County; thence Northerly along said Westerly line, 152.1 feet, more or less, to the Westerly line of North Broad Street; thence along said Westerly line of said Street.. North 360 24' lry!est 53.5 feet, North 550 10' East 5 feet and North 34° 50' West 204 feet to the place of beginning. Said property is shown on a map recorded October 20 1944 in Book 3 at page 36 of Record of Surveys "0 SCHEDULE B At the.date hereof Exceptions to coverage in addition to the printed exceptions and exclusions contained in said policy form would be as follows: 1. General and special taxes fore the fiscal year 1973 -74, now a lien, but not yet due and payable. Note: General and-special taxes for the fiscal year, 1972-73., for proration purposes; First installment 232.98 Faid Second installment : 1232.98 Paid Parcel number 1- 181 -06 Code area : -00 Exemption 750.0.0. • P -116 -D (G.S.) CLTA Preliminary Report Form ®s �1 t ° N h y N N`nL1i ♦4 d \ o m \J \ v y4 d 4 0. ti CA 4\ °, o 0 ei co O m d v b py �all 4 6� Ooy' ° / 1� �n .a � 9\ s \mow• \\ Q�1 d sys /s // L � O "'CCCiii „'i \ m0 Is ?4.R A' Zd � � rO / Fi 90 ` a\ya oll << , s arm y �Y\0� eb�°' iAC�dei °Z ° �° Z ° 5.c � Sp i ,2Z• O ` o ss � v CO p a , s °� • ��i777 T rz M n N 11 Or g � ♦ OO d O D D ; ` y O 0 w = O y Z O C a iI O °m_ Z `z t0 4 0 O 1� That part of the Northeast quarter of the Southeast quarter of Section 27, Township 30 South, Range 12 East, Mount Diablo Base and Meridian, in the City of San Luis Obispo, County of San Luis ptispo, State of California, according to the official plat or plats of the survey of said lands returned to the General Land Office, by the Surveyor General, described as follows; Beginning at a ppooint on the Westerly line of North Broad Street distant South 34° 50' East along said Westerly line, 34,1 feet from the intersection of said Westerly line with the Southerly line of Lincoln Avenue as said Street and Avenue are shown on the map of the -Anholm Addition to the City of San Luis Obispo, recorded in $ook 3, at page 91 of Naps, records of said County; thence South ° 22' West 98.3 feet; thence South 110 30' West 117 feet; thence - . 06uth 45° 12' East 215 feet; more or less, to the Westerly line .of the land conveyed to P. H. Dallidet, Senior, by Deed dated September - 26,"1887 and recorded in Book "X" of Deeds, at page 494, records of said County; thence Northerly along said Westerly line, 152.1 feet, more or less, to the Westerly line of North Broad Street; thence along said Westerly line of said Street, North 360 24' West 53.5 feet, North 550 10' East 5 feet and North 340 5;0' West 204 feet to the place of beginning. Said property is shown on a map recorded October 2, 1944 in Book 3 at page 36 of Record of Surveys. That part of the Northeast quarter of the Southeast quarter of Section 27, Township 30 South, Range 12 East, Mount Diablo Base and Meridian, in the City of San Luis Obispo, County of San Luis Obispo, State of California, according to the official plat or plats of the survey of said lands returned to the General Land Office, by the Surveyor General, described as follows; Beginning at a point on the Westerly line of North Broad Street distant South 340 50' East along said Westerly line, 34.1 feet from the intersection of said Westerly line with the Southerly line of Lincoln Avenue as said Street and Avenue are shown on the map of the Anholm Addition to the City of San Luis Obispo, recorded in nook 3, at page 91 of Maps, records of said County; thence South "!° 22' West 98.3 feet; thence South 11° 30' West 117 feet; thence South 45° 12' East 215 feet; more or less, to the Westerly line of the land conveyed to P. H. Dallidet, Senior, by Deed dated Septeirber 26, 1887 and recorded in Book "X" of Deeds, at page 494, records of said County; thence Northerly along said Westerly line, 152.1 feet, more or less, to the Westerly line of North Broad Street; thence along said Westerly line of said Street, North 360 24' West 53.5 feet, North 55° 10' East 5 feet and North 34° 5.0' West 204 feet to the place of beginning. Said property is shown on a map recorded October 2, 1944 in Book 3 at page 36 of Record of Surveys. San Luiea Obispo City Couneil City Fall Re: Property at 533 North Bread Street Pakael No, 01- 181 -06 -000 Gentlemen. February 24r 1973 My property at 533 North Broad Streets, where I had lived for 41 years, was severely damaged by the January 18 flood. It is located next to the South bound ramp to 1019 with Garden ereek on one side and Sterner ®reek on the other, these two oreeks in fact are the boundry lines of air property. Both ®reek® were so clogged with debris they overflowed and I had as much as 8 feet of water throughout ny entire property with three to four feet of water in the house, more in'some planes. The house was torn from its foundation and moved 15 to 20 feet away. All sever, gas and eleetrie lines and pipes were torn loose. The inside is eompleteiy damaged, floors buckleds walls craeked, etc. Upon Consulting with a loeal eontraet®r for his recommendation to resetre or rebuild the house on the same location' and in talking to a realtor in reference to selling the property, I understand there have been rumore that the house and/or property are to be sendemned; I are without a home and eannet sell or reloeate until a final decision has been made on this. A prompt reply would be appreciated. I am enclosing a oegy of the eantraoter's letter to me and a picture ®f the house showing how it was shifted. Your inspection is inviteds a key is available by calling 544 -5632. Sineerelay, r � M . ` then T.� I I) LN I I A I.. Cr"M rA ERC: i A L I N r) t J `,-, P I A I- CND- 1 N I`. f- F? I t,J C, T r L r- o� i m-; r 5 4 R 28Q0 13ROAD $ nwc. L MAILING ADDRESS P O. BOX 537 SAN LUIS OBISPO i. Febriiary ?2, 1973- Otto Kopthen 573 13-oad Areet L,ctn Lul Obl!;pr), Cali f o rnj,.-A, 93401 "e: Flood damn 533 Broad St. San Lills Obispo Call f. D e---i r Mr. Koethen: J Pon examining; damage to your residence, It Is my op-. inion the cost 3f restorin.-,! the house would be in ex- cess of i.ts,,ralue upon completion, also would not re- comimend rebuilding at its present elevation, f6r the -�asor of ra-occurri.ng floods could very easily happen. Ynu In Jery CALIFORNIA 0 "Cl ., sY Tt'01 Mr. 0. W. Koethen 208 Almond Street San Luis Obispo., CA 93401 Dear Mr. Koethen: SAN ]LbO�IS 031STO C I T Y A T T 0 R N E Y 990 PALM STREET 543'= -8-666 July 3, 1973 I have discussed your offer of $32,500 in executive session with the City Council. Frankly, two Councilmen objected to paying any more than the $22,375 recommended by the City's appraiser and the other Councilmen felt that at the present time there was just too much difference between your figure and the City's appraisal to enter into serious negotiations. I would be glad to discuss the problem further with you at your convenience. Sincerely, J A. Shaw, Jr. City Attorney AJS:ktm 1 MR. O. W. KOETHEN '��, JUL 11i9739� X93 N. BROAD ST. c� HLL ;L Yf �U w ='•�4 LL'fS 03i.SP3, CA. 93401 N OFFICE OF CITY ATTORNEY San Luis Obispo City Council Gentlemenl- Mr. Sham has informed me of the appraisal of my property by Mr. Gist, hired by the City. I have also hired an appraiser Mr. Vrooman and find a great discrepanc'et in the two opinions. my appraiser quoted as the mininum filsure $359000 to $42,000 as the high figure, while your appraiser quoted $22,375. The two local appraisers should know the land values in this area so it doesn't seem logical to have such a vast difference as to the value. I have been looking for property to relocate and find Mr. Vrooman's findings more accurate consid- er.ating the total square feet. I am most anxious to settle my property and willconsider $5,000 less than my original quotation and accept $32,500 for which I may or may not be able .to relocate to a suitable location, Please give this your sincere consideration and advise me. Yours truly, O.W. Ko en MR. O. W. KOETHEN 533 N. BROAD ST. 14AN LUIS 061SP0, CA. 53401 San Luis Obispo,Calif. 6 -4 -7.3 S.L.O. City Council 990 Palm St. San Luis Obispo,Calif. Gentl.emenl- I am writing with reference to the Certified letter Eeceived in regards to the Drainage Channel Obstructions. Due to the fRct that the City is negotiating for the property at 533 N. Broad St. I think I should be granted an extention of time until a final decision has been reached or even reconsideration of the notification due to the extensive damage and .loss I have already experienced. Mr. A. Shaw can con- firm our conservations concerning the property. Mr. Paul Landell of the City Engineers office suo_oested that I write to the council for this request. Thankino you for your favorable action. M 0.W,Koeth Temporary address 208 Almond St. Phone 54+4 -5632 ,r. MR. O. W. KOETHEN 533 N. BROAD ST. 14AN LUIS 061SP0, CA. 53401 San Luis Obispo,Calif. 6 -4 -7.3 S.L.O. City Council 990 Palm St. San Luis Obispo,Calif. Gentl.emenl- I am writing with reference to the Certified letter Eeceived in regards to the Drainage Channel Obstructions. Due to the fRct that the City is negotiating for the property at 533 N. Broad St. I think I should be granted an extention of time until a final decision has been reached or even reconsideration of the notification due to the extensive damage and .loss I have already experienced. Mr. A. Shaw can con- firm our conservations concerning the property. Mr. Paul Landell of the City Engineers office suo_oested that I write to the council for this request. Thankino you for your favorable action. M 0.W,Koeth Temporary address 208 Almond St. Phone 54+4 -5632 /1� CITY 01F SAN zUzs amsno CALIFORNIA 9 Q401 C I T Y A T T 0 R N E Y 990 PALM STREET 543 -8666 May 31, 1973 Mr. Fred Gist Real Estate Appraiser 1305 Marsh Street San Luis Obispo, CA 93401 Re: Appraisal of Koethen Property, 533 North Broad Street. Dear Mr. Gist: In accordance with our conversation of yesterday afternoon, you are hereby authorized to conduct an appraisal for the City of the property known as the 0. W. Koethen property at 533 North. Broad Street in San Luis.Obispo. This is the property near the North Broad entrance to the freeway. The house on the property was recently damaged in the January flood and'most of the property was innundated during that flood. As you point out, the property is bounded on three sides by creeks. If this provides considerable difficulty in estimating the total value of the property, you may wish to separate a value for the creek property from the value of the level part of the property. We will also need some evaluation of the house in its present condition either as salvage value or its net value after the cost of restoring it to its original condition. The City hereby agrees to pay you $250.00 for your services in preparing this appraisal. Sincerely, A J . .Shaw, J ty Attorne AJS:ktm 6 MR. O. W. KOETHEN 533 N. BROAD ST. SAN LUIS OBISPO. CA. 93401 San Luis Obispo, Calif. April 26th 1973 S.L. City Council City Hall San Luis Obispo Calif. 93401 Gentl.emenl- Over a month ago you asked for a appraisal of my property located at 533 North Broad St. So I employed an ap- praisor to give me a fair market value of the property. This information was given to mr. Art Shaw and I have been waiting for your decision. I have been looking for property to relocate since the flood and find that the apprais- al_ given was low and not out of Line. I will wait for-your decision a reasonable length of time and if not favorable will make other plans for the property. Awaiting your reply, R E C E I V E D" APR. 2 71973 CITY CLERIC SAN LUIS ©BISPO, CAA Sincerely, O.W. K ethe 208 Almond St. S. L.O. 00, NV -ie so o< �-_z co �,- sow 2.49 NOTE— SSESSOR'S OCK Nul-1:1E.RS shloW it r 7 \ j i 4.SJtj�v�0 �O ti 26 `e p� s o% 1603 B7 0� :. v \ � b � .. •sue •fie'' � p `� ``� ,� l -7� h -L JO T` /y � 5 `� • 'A � 1 6 SK.2 NC?lr-- AS5EY�OR'S tECURITY TITLE -�'- INSURANCE COMPANY aeeuwrrr rrrLE P.O. R= 11+5 San Luis Obispo OFFICE City of San Luis Obispo San Luis Obispop Ca. 93401 Attention: Art Shaw Date September 19, 1973 Re: Escrow No. 97604 —de • 0 Koethen property The above matter has now been completed and we enclose the following: lk Escrow Statement ❑ Check in the amount of S 324 25Z6� ❑ Copy of Letter of Transmittal on Fire Insurance SFP 1973 XX Policy of Title Insurance D Trust Deed. Note s 0 r CE OF C1rY AT'-ft4EY Any recorded papers to which you are entitled will be mailed to you from the County Recorder's OfficeRecorded Sept. 19, 1973 IF YOU ARE PURCHASING THE PROPERTY INVOLVED IN THIS TRANSACTION, AND THE PROPERTY WAS PURCHASED SUBJECT TO ANY TAXES, THEY SHOULD BE PAID PRIOR TO DELINQUENCY TO AVOID ANY PENALTIES WHICH MIGHT ACCRUE. We appreciate having been favored with this business. We trust that we may again have the pleasure of .serving you, and will be pleased to have you indicate this office as your preference in future transactions of this nature. Very truly yours, SECURITY TITLE IN COMPANY B Y i 2 , Doris M. Eeckhout, Certified Senior Escrow Officer blr. E -77 (G. S.) 4-66 ® SAFECO Insurance Company d America, r,&ist —d trademark owes. SECURITY TITLE INSURANCE COMPANY S SECURITY TITLE STATEMENT OF ESCROW NO. 97604 -de OFFICE San Luis Obispo TO 0ITy OF SAN LUIS OBISpO DATE September 19, 1973 PROPERTY: CHARGES CREDITS CONSIDERATION OR SALES PRICE $ •00 Paid outside of Escrow rust ll Trust TIONS MADE AS OF MISSION PAID TO POLICY OF TITLE INSURANCE Transfer Tax Stamps Recording Deed Recording Trust Deed Recordine ce tee Drawing Deed Drawing Trust Balance due you for which our check is enclosed _ TOTALS S 5 •50 22,594-50 E -312 (GS) ® SAFECO i-1— Compel, 11 Am1111. mel=d o «�o�m .1 -1. 2 6ECURITr TITLE CLTA -1963 STANDARD COVERAGE AMENDED 1969 POLICY OF TITLE INSURANCE issued by SECURITY TITLE INSURANCE COMPANY Security Title Insurance Company, a California corporation, herein called the Company, for a valuable consideration paid for this policy, the number, the effective date, and amount of which are shown in Schedule A, hereby insures the parties named as Insured in Schedule A, the heirs, devisees, personal representatives of such Insured, or if a corporation, its successors by dissolution, merger or consol- idation, against loss or damage not exceeding the amount stated in Schedule A, together with costs, attorneys fees and expenses which the Company may become obligated to pay as provided in the Conditions and Stipulations hereof, which the Insured shall sustain by reason of: 1. Any defect in or lien or encumbrance on the title to the estate or interest covered hereby in the land described or referred to in Schedule A, existing at the date hereof, not shown or referred to in Schedule B or excluded from coverage in Schedule B or in the Conditions and Stipulations; or 2. Unmarketability of such title; or 3. Any defect in the execution of any mortgage shown in Schedule B securing an indebtedness, the owner of which is named as an Insured in Schedule A, but only insofar as such defect affects the lien or charge of said mortgage upon the estate or interest referred to in this policy; or 4. Priority over said mortgage, at the date hereof, of any lien or encumbrance not shown or referred to in Schedule B, or excluded from coverage in the Conditions and Stipulations, said mortgage being shown in Schedule B in the order of its priority; all subject, however, to the provisions of Schedules A and B and to the Conditions and Stipulations hereto annexed. In Witness Whereof, Security Title Insurance Company has caused its corporate name and seal to be hereunto affixed by its duly authorized officers on the date shown in Schedule A. Secretary P -218 (G.S.) 6S.f.co In.uranc. Company of America. 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UatUnilsul 10 ADUa28 leiapaj Aug (E) pug ` ssaupafyapur p!LS jo Uotjaejsrjrs ar Jail -Uew ,legal laglo to `ales s aaisnli 'alnsolD -a.loj Aq ADTIod Sly up of pallajal Isalalul io alelsa Dili salrnbDe oym laumo gans Aug (Z) ' ssaupafgapur yons jo digslaumo Ur isaialut ur lossaDans goua (I) apniDUr llrgs painsul ayf 'd alnpayDS ur painsul lit, se pamu sr g alnpayDS uI umogs afr2ilow a Aq palnaas ssaupafgapul Dill jo laumo Dill ji pue `painsul se paweu Sallied io Ailed ayj :«painsur„ (j) pus `.sluaw - nilsur AilinoDs laglo io 'paap isnlf 'knit jo paap 102r27iow :,a2011ow,- (a) '.ajPp annaajja agl :,algp„ (p) '.spl000i D!lgnd Aug jo uosrai Aq painsul Dill of paindwp all Agw go!gm aDrlou i0 92palmou3l anrjDnljsuoD IOU 'a2palmouil ienjae :,,a2palmoU3l„ (D) purl pres 01 2urlglai SIDS -few jo aDpoU annonlisuoo jiedwr yDrgm spioaal asogi :,,spiooai Drlgnd„ (q) tiliadold leas ainipsuoD mel Aq gDTym ooalayl paxlyt, stuawanoidwr put, V alnpagaS ur 'aoualajai Aq 10 AllgDgtD -ads 'pagtlosap purl Dill :,,puss., (r) : ueaw ADrlod scgl ur pasn uagm swlal 2Urmoll0j allL sulja,L jo uo!1!u1j4a •Z SmOIlvlifIdIZS (INV SMIDIII(INOD P -218 -A (G.S.) Rev. •` F California Land Title Association Standard Coverage Policy Form Copyright 1963 SCHEDULE A Effective Amount of liability: 8 22, 375.00 Date: September 1.9, 1973 at 8 :00 a .m. INSURED CITY OF SAN LUIS OBIS PO, a Municipal Corporation. Policy No: 9760+ -SLO Premium 8 160.00 (A -2-a ) 1. The estate or interest in the land described or referred to in this schedule covered by this policy is: A fee. 2. Title to the estate or interest covered by this policy at the dale" hereof is vested in: CITY OF SAN LUIS OBISPO, a Municipal Corporation. 3. The land referred to in this policy is situated in the State of. California, County of San Luis Obispo and is described as follows: SEE DESCRIPTION ATTACHED CONSISTING OF ONE PAGE 0 lJ That part d the Northeast Quarter of the Southeast Quarter of Section 27, ('lbvnship 30 Soutg Range 12 fit, Mount Diablo Base and Meridian, in the City of San Luis Obispo, County of San Luis Obispo, State of California, according to the official plat or plats of the survey of said lands returned to the General Land Office, by the Surveyor General, described as follows: Beginning at a point on the Westerly line of North Broad Street Distant South 340 50' East along said Westerly line, 34.1 feet from the intersection of said Westerly line with the Southerly line of Lincoln Avenue as said Street and Avenue are shown on the map of the Anholm Addition to the City of San Luis Obispo, recorded in Book 3, at Page 91 of Maps, records of said County; thence South 29° 22' West 98.3 feet; thence South 110 30' West 117 feet; thence South 45° 12' East 215 feet; tore or less, to the Westerly line of the land conveyed to P. R. Dallidet, Senior, by Deed dated September 26; 1887 and recorded in Book IT, of Deeds, at Page 494, records of said County; thence Northerly along said Westerly line, 152.1 feet, more or less, to the Westerly line of North Broad Street; thence along said Westerly line of said Street, North 360 24' West 53.5 feet, North 550 10' East 5 feet and North 340 50' West 204 feet to the place of beginning. Said property is shown on a map recorded October 2, 1944 in Book 3 at Page 36 of Record of Surveys. 6i P -218 -B (G.S.) California Land Ti11e .Association � 1. Standard Coverage Policy Form Copyright 1963 SCHEDULE B This policy does not insure against loss or damage by reason of the following: PART I 1. Taxes or assessments which are not shown as existing liens by the records of. any taxing authority that levies taxes or assessments on real property or by the public records. 2. Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained by an inspection of said land or by making inquiry of persons in possession thereof. 3. Easements, claims of easement or encumbrances which are not shown by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area. encroachments. or any other facts which a correct survey would disclose, and which are not shown by the liublic records. 5. Unpatented mining claims; reservations or exceptions in palenis or in Acts authorizing the issuance thereof; water rights, claims or title to water. PART II 1. General and special taxes for the fiscal year 1973 -74, now a lien, but not yet due and payable. A + N O 11 Vt V �' ' • o V 1 4 ra �\ p w e� ss <�' 1 � by s� O ti A� o�' So (o • N \ O N y .Y 60 m 0 p4 so p u ri s 0 ` y O 'Y O m Z O P CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face) requested by the Company the Insured shall give the Company all reasonable aid in any such action or proceeding, in effecting settlement, securing evidence, obtaining witnesses, or prosecuting or de- fending such action or proceeding, and the Company shall reimburse the Insured for any expense so incurred. 5. Notice of Loss - Limitation of Action In addition to the notices required under paragraph 4(b), a statement in writing of any loss or damage for which it is claimed the Company is liable under this policy shall be furnished to the Company within sixty days after such loss or dam- age shall have been determined and no right of action shall accrue to the Insured under this policy until thirty days after such statement shall have been furnished and no recovery shall be had by the In- sured under this policy unless action shall be commenced thereon within five years after expiration of said thirty day period. Failure to furnish such statement of loss or damage, or to commence such action within the time hereinbefore specified, shall be a conclusive bar against main- tenance by the Insured of any action under this policy. 6. Option to Pay, Settle or Compro- mise Claims The Company shall have the option to pay or settle or compromise for or in the name of the Insured any claim insured against or to pay the full amount of this policy, or, in case loss is claimed under this policy by the owner of the indebted- ness secured by a mortgage covered by this policy, the Company shall have the option to purchase said indebtedness; such purchase, payment or tender of payment of the full amount of this policy, together with all costs, attorneys' fees and ex- penses which the Company is obligated hereunder to pay, shall terminate all liability of the Company hereunder. In the event, after notice of claim has been given to the Company by the Insured, the Company offers to purchase said indebt- edness, the owner of such indebtedness shall transfer and assign said indebtedness and the mortgage securing the same to the Company upon payment of the purchase price. 7. Payment of Loss (a) The Liability of the Company under this policy shall in no case exceed, in all, the actual loss of the Insured and costs and attorneys' fees which the Com- pany may be obligated hereunder to pay. (b) The Company will pay, in addition to any loss insured against by this policy, all costs imposed upon the Insured in litigation carried on by the Company for the Insured, and all costs and attorneys' fees in litigation carried on by the Insured P -218 (G.S.) with the written authorization of the Company. (c) No claim for damages shall arise or be maintainable under this policy (1) if the Company, after having received notice of an alleged defect, lien or encum- brance not excepted or excluded here- in removes such defect, lien or encum- brance within a reasonable time after receipt of such notice, or (2) for liability voluntarily assumed by the Insured in settling any claim or suit without written consent of the Company, or (3) in the event the title is rejected as unmarketable because of a defect, lien or encumbrance not excepted or excluded in this policy, until there has been a final determination by a court of competent jurisdiction sus- taining such rejection. (d) All payments under this policy, except payments made for costs, attorneys' fees and expenses, shall reduce the amount of the insurance pro tanto and no payment shall be made without producing this policy for endorsement of such payment unless the policy be lost or destroyed, in which case proof of such loss or destruc- tion shall be furnished to the satisfaction of the Company; provided, however, if the owner of an indebtedness secured by a mortgage shown in Schedule B is an Insured herein then such payments shall not reduce pro tanto the amount of the insurance afforded hereunder as to such Insured, except to- the extent that such payments reduce the amount of the in- debtedness secured by such mortgage. Payment in full by any person or voluntary satisfaction or release by the Insured of a mortgage covered by this policy shall terminate all liability of the Company to the insured owner of the indebtedness secured by such mortgage, except as pro- vided in paragraph 2 hereof. (e) When liability has been definitely fixed in accordance with the conditions of this policy the loss or damage shall be payable within thirty days thereafter. a. Liability Noncumulative It is expressly understood that the amount of this policy is reduced by any amount the Company. may pay under any Policy insuring the validity or priority of any mortgage shown or referred to in Schedule B hereof or any mortgage here- after executed by the Insured which is a charge or lien on the estate or interest described or referred to in Schedule A, and the amount so paid shall be deemed a payment to the Insured under this policy. The provisions of this paragraph num- bered 8 shall not apply to an Insured owner of an indebtedness secured by a . mortgage shown in Schedule B unless.. such Insured acquires title to said estate or interest in satisfaction of said indebt- edness or any part thereof. - 9. Subrogation upon Payment or Settlement Whenever the Company shall have settled a claim under this policy, all right of subrogation shall vest in the Company unaffected by any act of the Insured, and it shall be subrogated to and be entitled to all rights and remedies which the Insured would have had against any person or property in respect to such claim had this policy not been issued. If the pay- ment does not cover the loss of the In- sured, the Company shall be subrogated to such rights and remedies in the proportion which said payment bears to the amount of said loss. If loss should result from any act of the Insured, such act shall not void this policy, but the Company, in that event, shall be required to pay only that part of any losses insured against hereunder which shall exceed the amount, if any, lost to the Company by reason of the impairment of the right of subrogation. The Insured, if requested by the Company, shall transfer to the Company all rights and remedies against any person or prop- erty necessary in order to perfect such right of subrogation, and shall permit the Company to use the name of the Insured in any transaction or litigation involving such rights or remedies. If the Insured is the owner of the in- debtedness secured by a mortgage covered by this policy, such Insured may release or substitute the personal liability of any debtor or guarantor, or extend or other- wise modify the terms of payment, or release. a portion of the estate or interest from the lien of the mortgage, or release any collateral security for the indebted- ness, provided such act does not result in any loss of priority of the lien of the mortgage. 10. Policy Entire Contract Any action or actions or rights of action that the Insured may have or may bring against the Company arising out of the status of the lien of the mortgage covered by this policy or the title of the estate or interest insured herein must be based on the provisions of this policy. No provision or condition of this policy can be waived or changed except by writing endorsed hereon or attached here- to signed by the President, a Vice _Pres- ident, the Secretary, an Assistant Secre- tary or other validating officer of the Com- pany. 11. Notices, Where Sent All notices required to. be given the Company and any statement in writing required to he furnished the Company shall be addressed to it at the office which issued this policy or to its Home Office, 13640 Roscoe Boulevard, Panorama City, California 91409. 12. THE PREMIUM SPECIFIED IN SCHEDULE A IS THE ENTIRE CHARGE FOR TITLE SEARCH, TITLE EXAMINATION AND TITLE INSURANCE. ti I� D C D n — m 0 D <r m r o z z rn UJ �W D z � A A� D 3 � m zm N n z m f r n o = o [ " D C Z � m O D _ A < n 0 3 n m m o n m � C � 1 r m m a n m =� o o 1 0 mn r rn 0 z z 0 c r m o a z n c m r m III O ro > A > z Z R r 111 m L o m.. to UJ zm c� [ D C D n — m n 0 'U D < F, m ESCROW INSTRUCTIONS. -'` - RETAIN COPY TO: S CURITY WE INSURANCE.Com T R SF: �- I MY TITLE P.O. B= 3.145 San Luis Obisvo California -------------------------------------------- - ---- - -- ----------- Escrow No.. --97604-de ----------- Escrow Off icer.---IMAA-M�--am ------------- -------- Date.---S--,P --Us--1973 1. I uM hand you the sun of 2. to complete a total p�= prize of 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 1.3. 14. 15. 16. 17. 18. 19. 20. which ybu are instructed to use when you can obtain a tLtA standard coverage 21. 22.t375-00 $22o375.00 22. form policy of title insurance containing the insuring clauses, exceptions, exclusions, provisions and stipulations 23. customarily contained in the printed provisionsof such form with liability not less than S-22oV.5.00 --------------------- 1 24. describing the land in the-----Clty-4f -&m-Luis- AbIspo ----------------------------------------------------------------------- 25. County of-SM-LUIS-0bifIRM --------------------- State of California described as: 26.- 27. 29. 29. See Description attacheed comisting of ow pale. 301. 31. 32. 33. 34. 35. showing the fee title 36. 37. in said land vested in: MIZ OP SAN LUIS OBIMP 38. a mmicipal corporation 39. 40. Subject to: 41- 1. mineral and special taxes for the. fiscal year 1973-74., nm a 11en,,, but nest 42. yet dae ema psWable. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66. 67. 68. 69. E-323 (G.S.) (Page 1) 6 9 'ghat part aP the Northeast Quarter of the Southeast Quarter of Section 27, 3bvaship 30 Soupy Range 12 Bast, Mount Diablo Base and Meridian, in the City of San Luis Obispo, County of San Luis Obispo, State of California, according to the official plat or plats of the survey of said lands returned to the General Land Office, by the Surveyor General, described as follows: Beginning at a point on the Westerly line of North Broad Street Distant South 34° 501 Bast along said Westerly line, 34.1 feet from the intersection of said Westerly line with the Southerly line of Lincoln Avenue as said Street and Avenue are shown on the map of the Anholm Addition to the City of San Luis Obispo, recorded in Book 3, at Page 91 of Maps, records of said County; thence South 25P 22' West 98.3 feet; thence South 110 30' West 117 feet; thence South 45° 12' Bast 215 feet; tore or less, to the Westerly line of the land conveyed to P. H. Da]lidet, Senior, by Deed dated September 26, 1887 and recorded in Book "Y" of Deeds, at Page 494, records of said County; thence Northerly along said Westerly line, 152.1 feet, more or less, to the Westerly lime of North Broad Street; thence along said Westerly line of said Street, North 36° 24, West 53.5 feet, North 55° 10' Bast 5 feet and North 340 50' West 204 feet to the place of beginning. Said property is shown on a map recorded October 2, 1944 in Book 3 at Page 36 of Record of Surveys. TO: SECURITY TITLE *URANCE COMPANY 1. PRORATE as of ---3211M- ----- --- - - - - -- the following: -- - ------------------------------------------------------ 2 - ------------- - - - - -- - -- ---------------------------- ------------- --------------------------------------------------------- 3. Assume a 30 day month in any prorate herein provided, and unless the parties otherwise instruct you, you are to 4. use the information contained in the last available tax statement; rental statement as provided by the.seller, beneficiary's 5. statement, and fire insurance policies delivered into escrow for the prorates provided above. In the event any beneficiary's 6. statement reveals a deposit, account or funds for a future payment of taxes, insurance or other future payment obligations of the 7. loan, You are to -- - �C JVA - ------------ -------- ----- - - - --- ------------------------------------------------------------ 8. Your agency as escrow holder shall terminate six months following the date set forth next below, and shall be subject to 9. earlier revocation by receipt by you prior to close of escrow,00f written notice signed,.. (1) in case this escrow has not been 10. placed in a condition to close by__ -_ .__'�_-_ i: LW3--- .- __- _________- by any party hereto, or (2) if received prior 11. to said date, but after (there shall have been) a failure of a condition or performance to be complied with or performed on 12. or before a date, or within a period, stated herein, then by any party other than a party responsible for such compliance or 13. performance. Any such revocation shal I be effective upon receipt of such notice, but you shall not return the documents or 14. deposits of the revoking party prior to ten days after you have mailed a copy of such notice to each of the other parties. 15. Your knowledge of matters affecting the property, provided such facts do not prevent compliance with these instructions, 16. does not create any liability or duty in addition to your responsibility under these instructions. No notice, demand or change 17. of instructions, except a demand for revocation made in accordance with the foregoing paragraph, shall be of any effect in 18. this escrow unless given in writing by all parties affected thereby. 19. Proceeds of this escrow may be disbursed by your check payab!;- to the parties as their names are signed hereon, and your 20. checks and documents may be mailed to the addresses set forth in these instructions. 21. You are instructed to furnish to any broker or lender identified with this transaction or anyone acting on behalf of such lender, 22. any information concerning this escrow, copies of all instructions, amendments and statements upon request. 23. Indicate on the deed to file, all future tax statements are to be mailed to 24- ----------------------------------- - - - - -- - - -- - - - - - - -- - -- -- -- - - - -- ---------------------------------------------------------- 25. 1 agree to pay: AU Utz .Vol& UWW is Uft-� � 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. C _QF_ - -fit- a- - - - -- - - -- 38. UnIDSCSW1 1 m1plp 017 1atl 39.E -- - - - - - - -- - - - -- - -- 40. 41. - - -- - - -- - - - - -- ----- - - - - -- --------- - - - - -- 42: 43. ------------------------------------------------------------ 44. ADDRESS ---------- C QjLft- ftM---------- - - - - -- a - - --------------------- - - - � - - ----------------------- &W L4"0 0bim, Ca. 93401 ---------------- - - - - -- Phone No. - - - -- ------ - - - - -- -- 45. 1 will hand you the instruments, documents and money required to comply with these instructions, which you may use, and 46. pay such costs, taxes, assessments and demands to insure title as set forth herein when you can comply with these 47. instructions and deliver the net proceeds to the order of the undersigned. 48. Pay a commission in accordance with the instructions contained in a separate commission order.. 49. Pay Documentary Transfer Tax. If the documentary tax declaration has not been furnished in connection with the Deed from 50: __'r: i____________________________to 1W__ _____________,A_,_t�_,,__________, you are instructed to complete and sign the 51. declaration on such Deed as follows: Documentary Transfer Tax S_A5i- 075 --------------- �V Computed on full value of property 52. conveyed, or ❑ Computed on full value less liens and encumbrances remaining thereon at time of sale. 53. 1 agree to pay: UID #.SUe Wd . CbSI'm St tbft III 3=,WUM 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. - - - - -- - -- - - -- - - - -- ADDRESS - -- - - - - -- -- - - - -- - - - -- - - -- - ----- - - - - -- 67. ---------------------------------------------------- - - - - -- ------------------------------------------------------------------ 68. 69. ------------------------------------------------------------ ------------- ---------------------------------------------------- 70. 71. ---------------------------------------------- ---- - - - - -- -- - - - - ----- -- - -- - - -- Phone N o. %--+ -- %v-------------------- 72. Page 2 ) Escrow No E -324 (G.S.)