HomeMy WebLinkAboutD-903 Santa Rosa Street Widening Recorded 10/03/1973I
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
HARRY F. MacDONALD
hereby GRANT(S) to CITY OF SAN LUIS OBISPO, A Municipal Corporation
the following described real property in the
county of San Luis Obispo , state of California:
The Northeasterly 10 feet of Lots 1 and 3 in Block 23 of the Town of San
Luis Obispo in the City of San Luis Obispo, according to the Map filed for
record May 1, 1878 in Book A at Page 168 of Maps.
Dated July 13, 1973
v
STATE OF CALIFORNIA
COUNTY OF / e I SS.
On '� CX t���! -7 before me, the under-
signed, a Notary Public in and for said County and State, personally
appeared Harry F. MacDonald
Harry O. MacDonald
FOR NOTARY SEAL OR STAMP
' known to me
RECORDING REQUESTED
u! /gyp 0' 50 3^ P1000UU 00 RCCR
325619 J5, O r
ta• �• ti
OFFICIAL SEAL ."
instrument and acknowledged that }1e executed the same.
Security Title Insurance Co.
LENORE LATOW
NOTARY PUBLIC- CALIFORNIA
OFFICIAL RECOM - o 5 r-11-55 u o 3 R0C ;0 °.a0 T
LOS ANGELES COUNTY
SAN. LUIS OBISPO CO., CAL.: ,
„�.
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MyComrnission Expires Mar. 12,1977
WILLIAM E. ZIMARIK.
,':
COUNTY OECORDER �757uo 3� 00(JI.009:90ST
AND WHEN RECORDED MAIL TO
OCT3 1973 COMPARED
NAME
City of San Luis Obispo
ADDRESS
c% George R. Robertson
Administrative Assistant
CITY &
STATE
990 Palm St'
.
San Luis Obispo, C8.
SPACE ABOVE THIS LINE FOR RECORDER'S USE
MAIL TAX STATEMENTS TO
- +- i• ° - -_ __ " _.. - ..•... -. Ix., ,,. - , --
transfer tax 8 .... 9.e-90 --------------------- ---------
NAME
- NAME
seine as above.
® Computed on full value of property conveyed, or
ADDRESS
❑ Computed on full value less (lens & encumbrances
remaining thereon at time of sale.
CITY &
STATE L
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Signature of &rlalartt—ar agent determining tax - firm name
❑ Unincorporated area KI City of...San..Luia..IIbis po
Grant heed
L -1
THIS FORM FURNISHED BY SECURITY TITLE INSURANCE COMPANY
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged,
HARRY F. MacDONALD
hereby GRANT(S) to CITY OF SAN LUIS OBISPO, A Municipal Corporation
the following described real property in the
county of San Luis Obispo , state of California:
The Northeasterly 10 feet of Lots 1 and 3 in Block 23 of the Town of San
Luis Obispo in the City of San Luis Obispo, according to the Map filed for
record May 1, 1878 in Book A at Page 168 of Maps.
Dated July 13, 1973
v
STATE OF CALIFORNIA
COUNTY OF / e I SS.
On '� CX t���! -7 before me, the under-
signed, a Notary Public in and for said County and State, personally
appeared Harry F. MacDonald
Harry O. MacDonald
FOR NOTARY SEAL OR STAMP
' known to me
to be the person whose name i s subscribed to the within
ta• �• ti
OFFICIAL SEAL ."
instrument and acknowledged that }1e executed the same.
s
LENORE LATOW
NOTARY PUBLIC- CALIFORNIA
LOS ANGELES COUNTY
„�.
�� °
MyComrnission Expires Mar. 12,1977
_
Sig ature of Notary
,':
/
A) VoWf= ' �tv L'o
Two Palc Al,o Spuare. 9th Fir., Palo Allto. CA: 94394
Name (Typed or Printed) of Notary
t
Title Order No.
L -1 (G.S.) (Rev. 5 -67) 8 pt.
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JERTIFICATE OF ACCEPTANCE
THIS IS TO CERTIFY that the interest in real property conveyed
by the 64MJ'7— � DRE-0 dated 3ULY 1 3
19 73 , from Harry F. MacDonald
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 YAy 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: SU Ly,, a 3,17 -73
END OF DOCUMENT LVOL'1 !.4 (_ PAGE477
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AGREEMENT
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THIS AGREEMENT, executed this .30 vW day of G 1973,
by and between HARRY F. MACDONALD, hereinafter called "Grantor ", and
the CITY OF.SAN LUIS OBISPO, hereinafter called "City ", witnesseth:
1. Grantor shall convey to the City, for street widening purposes,
.051 acres, more or less, lying along Santa Rosa Street, as
shown on the attached sketch, for the sum of $ 8988.00.
2. City agrees to remove the existing curb, gutter and sidewalk,
to construct new curb, gutter and sidewalk at the new line,
relocate fire hydrant, traffic signals.and utilities as necessary,
pave out the street to'the new gutter, grade and pave in back
of the new sidewalk to meet the existing grade, remove a portion
of the pump island, relocate one gas pump,-relocate air and water
hose unit and relocate the gas station sign and yard lights as
necessary.
OF SAN LUIS OBISPO
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43ECURI-TY TITLE*
-� INSURANCE COMPANY
eeeuwrrr
San Taii G Obi G1 n OFFICE
P.O. Box 1145, San Luis Obispo, California 93406
(805) 543 -8211
e
City of San Luis Obispo
c/o George R. Robertson
990 Palm Street Date October 3, 1973
San Luis Obispo, California, 93401
Re: Escrow No. 97018 - j c
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The above, matter has now been completed and we enclose the following:
Escrow Statement
❑ Check in the amount of 8
❑ Copy of Letter of Transmittal on Fire Insurance
)(X Policy of Title.Insurance,
❑ Trust Deed Note
Any recorded papers to which you are entitled will be mailed to you from the County Recorder's Office.
IF YOU ARE PURCHASING THE PROPERTY INVOLVED IN THIS TRANSACTION, AND THE PROPERTY
WAS PURCHASED SUBJECT TO ANY TAXES, THEY SHOULD BE PAID PRIOR TO DELINQUENCY 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
INSURANCE COMPANY
B
J sie Ann Carmichael
Escrow Officer
lmr
E -77 (G.S.) 4 -66
® SAFECO Imo-- Company of A—fl -, rcgis —d -d—A,—.
S
SECURITY TITLE INSURANCE COMPANY
SECURITY
TITLE
STATEMENT OF ESCROW NO. 97018 - j c
TO CITY OF SAN LUIS OBISPO
OFFICE San Luis Obispo
DATE October 3, 1973
PROPERTY: CHARGES CREDITS
CONSIDERATION OR SALES PRICE
Paid outside of Escrow
rust D
Trust
PRO — RATIONS MADE AS OF
O-MMISSION PAID TO
OF TITLE INSURANCE
fer Tax Stamps
-ding Deed
veyance
ESCROW FEE W. UU
Drawing Deed 4.5o
Drawine Trust Deed _
Balance due —
Balance due you for which our check is enclosed
TOTALS S 9,175.15 $ 9,175-15
E-312 (GS) ® SAFECO lasarance Company of Am—, mgrsrerea 11.oemara u mer.
SECURITY
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.
V, �;A.
Secretary
P -218 (G.S.) ®S.f.co in.umnc. Company of Am.riu. R.pul.r.• rr.•.m.rk owner.
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BCH.5,196;
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An Au orized Signature
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President
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SNOI.LV IfldI,LS CINV SNOI,LI(INOD
evz
Rev.
California La nd
Title Association --
Standard Coverage Policy Form
Copyright 1963 -
SCHEDULE A
Effective Amount of liability: $ 8 9 988 *00.
Date: October 3, 1973 at 8:03 a.m.
INSURED
Policy No: 97018 SLO
Premium $ 98.75 (A -2 —a)
CITY OF SAN LUIS OBISPO,
a Municipal Corporation
1. The estate or interest in the land described or referred to in this schedule covered by this policy is:
A fee.
2. Title to the estate or interest covered by this policy at the date hereof is vested in:
CITY OF SAN LUIS OBISPO,
A Municipal Corporation
3. The land referred to in this policy is situated in the State of. California, County of Seri .Luis Obispo
and is described as follows:
The Northeasterly 10 feet of Lots 1 and 3 in Block.23 of the Town of San Luis
Obispo in the City of San Luis Obispo, according to the map filed for record
May 1, 1878 in Book A page. 168 of'Maps.
California La nd •
Title Association
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 showli 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 public records.
5. Unpatented miming claims; reservations or exceptions in patews or in Acts authorizing the issuance thereof;
water rights, claims or title to water.
PART IL
1. General and.special taxes for-the fiscal year 1973 -74, now, a lien, butnot
yet due and payable.
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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 canto and no payment
shall be made without producing this
policy for endorsement of such payment
unless the policy be lost or destroyed, in
which case proof of such loss or destruc-
tion shall be furnished to the satisfaction
of the Company; provided, however, if
the owner of an indebtedness secured by
a mortgage shown in Schedule B is an
Insured herein then such payments shall
not reduce pro_ tanto the amount of the
insurance afforded hereunder as to such
Insured, except to the extent that such
payments reduce the amount of the in-
debtedness secured by such mortgage.
Payment in full by any person or voluntary
satisfaction or release by the Insured of
a mortgage covered by this policy shall
terminate all liability of the Company to
the insured owner of the indebtedness
secured by such mortgage, except as pro -
vided in paragraph 2 hereof.
(e) When liability has been definitely
fixed in accordance with the conditions
of this policy the loss or damage. shall be
payable within thirty days thereafter.
8. Liability Noncumulative
It is expressly understood that the
amount of this policy is reduced by any
amount the Company may pay under any
policy insuring the validity or priority of
any mortgage shown or referred to in
Schedule B hereof or any mortgage here-
after executed by the Insured which is
a charge or lien on the estate or interest
described or referred to in Schedule A,
and the amount so paid shall be deemed
a payment to the Insured under this policy..
The provisions of this paragraph num-
bered 8 shall not apply to an Insured,
owner of an indebtedness secured by a
mortgage shown in Schedule B unless
such Insured acquires title to said estate
or interest in satisfaction of said indebt-
edness or any part thereof.
9. Subrogation upon Payment or
Settlement
Whenever the Company shall have
settled a claim under this policy, all right
of subrogation shall vest in the Company
unaffected by any act of the Insured, and
it shall be subrogated to and be entitled
to all rights and remedies which the
Insured would have had against any person
or property in respect to such claim had
this policy not been issued. If the pay-
ment does not cover the loss of the In-
sured, the Company shall be subrogated to
such rights and remedies in the proportion
which said payment bears to the amount
of said loss. If loss should result from
any act of the Insured, such act shall
not void this policy, but the Company, in
that event, shall be required to pay only
that part of any losses insured against
hereunder which shall exceed the amount,
if any, lost to the Company by reason of
the impairment of the right of subrogation.
The Insured, if requested by the Company,
shall transfer to the Company all rights
and remedies against any person or prop-
erty necessary in order to perfect such
right of subrogation, and shall permit
the Company to use the name of the
Insured in any transaction or litigation
involving such rights or remedies.
If the Insured is the owner of the in-
debtedness secured by a mortgage covered
by this policy, such Insured may release
or substitute the personal liability of any
debtor or guarantor, or extend or other-
wise modify the terms of payment, or
release a portion of the estate or interest
from the lien of the mortgage, or release
any collateral security for the indebted-
ness, provided such act does not result
in any loss of priority of the lien of the
mortgage.
10. Policy Entire Contract
Any action or actions or rights of action
that the Insured may have or may bring
against the Company arising out of the
status of the lien of the mortgage covered
by this policy or the title of the estate or
interest insured herein must be based on
the provisions of this policy.
No provision or condition of this policy
can be waived or changed except by
writing endorsed hereon or attached here-
to signed by the President,.a Vice Pres-
ident, the Secretary, an Assistant Secre-
tary or other validating officer of the Com-
pany.
11. Notices, Where Sent
All notices required to be given the
Company and any statement in writing
required to be furnished the Company
shall be addressed to it at the office which
issued this policy or to its Home Office,
13640 Roscoe Boulevard, Panorama City,
California 91409.
12. THE PREMIUM SPECIFIED IN
SCHEDULE A IS THE ENTIRE
CHARGE FOR TITLE SEARCH,
TITLE EXAMINATION AND TITLE
INSURANCE.
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