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HomeMy WebLinkAbout1938-09-21 - Grant WARDWELL, GEO. W. and ADA tv Order No...... (..Y3 Q..... Recorder's form `/ *hen recorded please return this —' instrumehgka- GRANT DEED 28343 8 3`�3 s, o �' Q .,. p City• of._iunti-x> ton Beach........... . $untigan Beach-;...California-.-_ G G1_.A.•--VARDN= and.ADA.WAM)- r� G._ WILL 10 N•00 O �1.................•••..... et • P. .« S� (D iw CITY OF 1�TA1TINGTON BEACH = �- -- Ct o39 µ �Dated. - 19... n � cn Is Pi a 6 3 /' Filed for Record at the request of pq N. y a ' co , ct w c-r O n o KD ....................................................•--•-•--•-........ P. CD 0 �, �, `►� CD f.J. 1 of`d 1 � A. D.,l g t Ct Ct m ct (D D , a co Cb b I c+ ;� o a. eb ." ..............minutes past..............o clock---•••-M• .. Q Z O H O N• o m m and Recorded in Book. ° d1;' C+ ;OQ 9 1�1 pC7E — page... of Official Records,' o ~ I N• cD vt �� ° b °• ---- Orange County, California. $- `� © ¢'I m F-• (D I P, ct 4D ct X 1 D T'. T REQUE• ` R Cb E�ORpED A_ . I I (D zZ m Recorder. 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': FORM 91.6 4M•9-97 JOINT PROTECTION FORM Order No. 104320 16B/168 Herein called the Company,for a valuable consideration, paid for this Policy of Title Insurance, Naeo A10TV6V 3IItIowip THE CITY OF HUNTINGTON BEACH, together with any other person or corporation included in the term the Insured as defined in this Policy, against loss or damage not exceeding———————————Two Hundred Fifty--------------- dollars, which any Insured shall sustain by reason of title to the land described in Schedule A being vested at the date hereof otherwise than as therein stated, ,or by reason of unmarketability of the title of any vestee to or in said land on account of defects, liens, encumbrances and other matters existing at the date hereof and not shown in Schedule B, or by reason of any defect in, or lien or encumbrance on said title, at the date hereof, other than defects, liens, encumbrances and other matters shown in Schedule B, or by reason of any defect in the execution, insofar as it affects the lien or charge upon said land, of any mortgage or deed of trust shown in Schedule B securing an indebtedness the owner of which is insured by this Policy, or by reason of priority thereto of any lien or encumbrance upon said land at the date hereof except as shown in Schedule B, all subject, however, to the exceptions and conditions hereto annexed, which exceptions and conditions together with Schedules A and B are hereby made a part of this Policy. inn Gre0mong 70#nvO,Abstract and Title Insurance Company has caused its corporate name and seal to be hereunto affixed by its duly authorized officers, this 15th day Of 0Ctober, 1938 at 9:00 A.M. 'y I President Attes Secretary This Policy consists of 4 pages which are numbered at the end of each page. FORM 926-A 4M-9-97 JOINT PROTECTION FORM 40 SCHEDULE A 1. The title to said land,is at the date hereof, vested in THE CITY OF HUNTINGTON BEACH, a municipal corporation. 2. The land referred to in this Policy is described as follows: A triangular shaped parcel of land described as follows: Beginning; at the Southeast corner of Lot Twenty (20) Block Five Hundred Four (504) , Vlain Street Section of Huntington Beach, in the City of Huntington Beach, County of Orange, State of California, as per map thereof recorded in Book 3, page 43 of Miscellaneous 11aps, records of said Orange County; thence North 12.83 feet to a point on the East line of said Lot 20; thence South ?2" 09' 1011 ¢!est 41.87 feet to a point on the South line of said Lot 20; thence East on said South nine 39.85 feet to the point of beginning. Wage 2 of Policy No. 104320 FORM 327-B 4M-9-97 JOINT PROTECTION FORM - • : SCHEDULE B Defects, liens, encumbrances and other matters to which said title is subject in the order of priority shown: (1) General any Special taxes of the fiscal year 1938-39. (2) Conditions and restrictions contained in the deed from Huntington Beach Company, a corporation, to Emily A. Brown recor-ded in Book 115, page 152 of Deeds, records of said Orange County. Page 3 of Policy No. 104320 FORM 828-C 2M 8.78-86 JOINT PROTECTION FORM EXCEPTIONS The Company does not, by this Policy,insure against loss by reason of: 1. Any facts which a correct survey and,inspection of said land would shorty rights or claims of parties in possession of any part of said land easements; liens,conveyances or encumbrances which are not shown by the official records of(a)the County of Los Angeles, prior to August Ist, 1889, date of the formation of the County of,Orange; (b) the County,of Orange; (c) any City in which, or adjacent to which,said land is located; (d) any local district having jurisdiction over said land which is empowered by law to levy or impose direct assessments or liens thereon; (e) the Federal Offices at Los Angeles. 2. Assessments, taxes or obligations levied or created for any public or district improvement or purpose, unless at the date hereof the amount of such assessment, tax or obligation has been fixed, is payable and is shown as a lien by the official records of such County, City or local district. 3. Proceedings for public improvements, which, at the date hereof, are shown by the official records of said County or of any such City or district, but have not resulted in imposition of a lien upon, or establishment of an easement over, or adjudication of the right to a public use of, said land or any part thereof. 4. Action by any governmental agency for the purpose of regulating occupancy or use of said land or any building or structure thereon. CONDITIONS 1. The term "the Insured" includes aft named as insured on and remedies in the proportion which said payment bears to the the first page of this Policy and as to each insured owner of an amount of said loss. indebtedness secured by mortgage or deed of trust shown in Sched- g, The Company has the right and option, in case any loss ule B, each successor in ownership of such indebtedness and any is claimed under this Policy by an Insured owner of an indebted- owner thereof, who acquires said land, or any part thereof, by ness secured by mortgage or deed of trust, to pay such Insured foreclosure, trustee's sale, or other legal manner in satisfaction of the entire indebtedness of the mortgagor or trustor under said said indebtedness,or any part thereof;and as to each other named mortgage or deed of trust,together with all costs which the Com- Insured, if a person, any person or corporation deriving an pany is obligated hereunder to pay, in which case the Company estate or interest in said land as heir or devisee of such person,or if shall become the owner of, and such Insured shall at once assign I corporation, any person or corporation deriving an estate or and transfer to the Company said mortgage at deed of trust and interest in said land by dissolution, merger or consolidation. the indebtedness thereby secured and such payment shall terminate 2. The Company at its own cost shall defend the Insured in all all liability under this Policy to such Insured. actions or proceedings commenced against the Insured founded 6. A statement in writing of any loss or damage for which it is upon a defect,,lien or encumbrance insured against by this Policy claimed the Company is liable under this Policy shall be furnished and may pursue such litigation to final determination in the court to the Company within sixty days after such loss or damage shall of last resort. In case any such action or proceeding shall be begun, have been ascertained.No action or proceeding for the recovery of or in case knowledge shall come to any Insured of any claim of any such loss or damage shall be instituted or maintained until title or interest adverse to the title as insured, or which might after full compliance b the Insured with all the conditions im- cause loss or damage for which the Company shall or m be P y g pay may posed on the Insured by this Policy nor unless commenced within liable by virtue of this Policy, such Insured shalt at once notify twelve months after receipt by the Company of such written the Company thereof in writing.If such notice shall not be given statement. to the Company at least five days before the appearance day in any 7, The Company will pay, in addition to any loss insured such action or proceeding,or if such Insured shall not,in writing, against by this Policy,all costs imposed upon the Insured in litiga- promptly notify the Company of any defect,lien or encumbrance tion carried on by the Company for the Insured, and in litigation insured against or any such adverse claim which shalt come to the carried on by the Insured with the written authorization of the knowledge of such Insured, in respect to which loss or damage is Company but not otherwise. The Company will not be liable for, apprehended, then all liability of the Company as to each Insured loss or damage by reason of defects,.claims or encumbrances created having such notice in regard to the subject of such action,proceed subsequent to the date hereof or resulting in no pecuniary loss to ing or claim shall cease and terminate, provided, however, that the Insured,or for defects,claims or encumbrances created or suf- failure to so notify shall in no case prejudice the claim of any fered by the Insured claiming such loss or damage, or existing at Insured unless the Company shall be actually prejudiced by such the date of this Policy and known to the Insured claiming such failure. In all cases where this Policy permits or requires the Com- loss or damage either at the date of this Policy or at the date such pany to prosecute or defend any action or proceeding, the Insured Insured claimant acquired an estate or interest insured by this shall secure to it the right to so prosecute or defend such action or Policy. The liability of the Company under this Policy shalt in no proceeding, and all appeals therein, and permit it to use, at its case exceed in all the actual loss of the Insured and costs which the option, the name of the Insured for such purpose. The word Company,is obligated hereunder to pay and in no case shall such "knowledge" in this paragraph means actual knowledge and does total liability exceed the amount of this Policy and said costs. All not refer to constructive knowledge or notice which may be im- puted to the Insured by reason of any public record or:otherwise. ante pro tanto and payment of loss or damage to an Insured owner 3. The Company reserves the option to pay,settle or compro of indebtedness shall reduce to that extent the liability of the mise for or in the name of the Insured,any claim insured against or Company to the Insured owner of said land. No payment can be to a this Policy in full,and meat or tender of payment of the demanded b an Insured without producing this Policy for pay �J payment Pay y y P 9 full amount of this Policy together with all costs which-the Com- indorsement of such payment. 9 pany is obligated hereunder to pay shall terminate all liability of 8. Loss under this Policy shall be payable, first, to any Insured the Company hereunder. owner of indebtedness secured by mortgage or deed of trust shown 4. Whenever the Company shall have settled a claim under this in Schedule B,in the order of priority therein shown,and if such Policy,it shall be subrogated to and be entitled to all tights,securf- ownership vests in more than one,payment shall be made ratably as ties and remedies which the Insured would have had against any their respective interests may appear,and thereafter,or if there be person or property in respect to such claim, had this Policy not no such Insured owner of indebtedness,any loss shall be payable to been issued, and the Insured shall transfer or cause to be trans- the other Insured, ratably as their respective interests may appear. femed to the Company such rights, securities and_remedies, and 9. No provision or condition of this Policy can be waived or permit it to use the name of the Insured for the recovery,retention changed except by writing indorsed hereon or attached hereto or defense thereof. If the payment does not cover the loss of the signed by the President, a Vice-President, the Secretary or an Insured,the Company shall be subrogated to such rights,securities Assistant Secretary of the Company. Page 4 of Policy No. 104320 Nil -s of /.ot zo, Block soa /7ur7tin9ton BCQGh, 170i/7 StrCet 56CtiO17 as P P thereo�per ma recorded in Book j at page -xs of 1-7.sc./'7a,o5 Records of Orange County,, C'aliFornio. r8.`,, K r /6 /4 4 4 6. M 4 n 5�'r