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HomeMy WebLinkAbout1969-07-09 - Grant INCOME PROPERTY SPECIALISTS r RECORDING REQUESTED BY 18062 Boor,9063 PIh[,'L 216 AND WHEN RECORDED MAIL TO RECORDED AT REQUEST OF CITY OF HUNTINGTON BE H F-LOU ANN MARSHALL IN OFFICIAL RECORDS OF �® Name Assistant City Attorney ORANGE COUNTY, CALIF. street City of Huntington Beach FC4 TM AUG 27 1969 Address City 8 Post Office Box 190 �, YLIE CARLYLE,County Recorder state ffuntington Beach, CA. 92648 ] SPACE ABOVE THIS LINE FOR RECORDER'S USE i MAIL TAX STATEMENTS TO - �- -1 (This document is solely for the official busi- Name ness of the City of Huntington Beach, as contem- Street plated under Government Code Section 6103 and Address should be recorded free of charge . ) . MAIL TAX STATEE�7ENTS TO RETIIR;`J ADDRESS ABOVE g ) City a State ORANGE AFFIX I.R.S. $__1 (__'' IN THIS SPACE COUNTY (CONSIDERATION $71 ,765 . 10) 0 2 8 5 6 5. Corporation Grant Deed - THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY s7 9 7 TO 406 CA (5-65) �rrrr� FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, to INCOME PROPERTY SPECIALISTS, INC. , •M+ti a corporation organized under the laws of the state of California, N�j�. hereby GRANTS to THE CITY OF HUNTINGTON BEACH, a Municipal corporation, It 44 the following described real property in the City of Huntington Beach. PV County of Orange , State of California: O 1111111111 tit That portion of the Southwest quarter of the Northeast quarter of the Northeast quarter and the East 270 feet of the Southeast quarter of the Northwest quarter of the Northeast quarter of Section 23, Township 5 South, Range 11 West, partly in the Rancho La Bolsa Chica and partly in the Rancho Las Bolsas , in the City of Huntington Beach, as shown on a map thereof recorded in Book 51, Page 13, Miscellaneous Maps, records of said Orange County described as follows : The Southerly 290.00 feet of said land. EXCEPTING THEREFROM the Easterly 531.5 feet. ALSO EXCEPTING THEREFROM all oil, gas and other hydrocarbon substance in and under said land, but with no right of entry upon the top 500 feet thereof, as reserved in deeds of record. In Witness Whereof, said corporation has caused its corporate name and seal to be affixed hereto and this instru- ment to be executed by its President and Secretary thereunto duly authorized. Dated: July 9 , 1969 INCOME )PROPERTY SPECIALISTS. INC. STATE OF CALIFORNIA ) g } P COUNTY OF ORANGE J SS. resident= On July 9 , 1969 before me, the under- By signed, a Notary Public in and for said State, personally appeared Secreta y David M.Stone , known to me to be the President, and ! Nadine Scott known to me to be O Secretary of the Corporation that executed the _ within Instrument, known to me to be the persons who executed the OFFICIAL SEAL within Instrument on behalf of the Corporation therein,.named, and acknowledged to me that such Corporation executed the within Instru Jane Potter 1 IOIoChWOSt ~ ° 1 O i ment pursuant to its by-laws or a resolution f its board of directors. .` $ „ a NOTARY PU5_IC-CALIFORNIA PRINCIP-'_ Ot=FI'c IN Q WITNES' hand and pffffii'l L ^=•o.�" ORANGE CC)UNTY a r. s. My Commission Expires October 8, 1972 �� Z Signatur Name (Typed or Printed) (This area for official notarial seal) Title Order No. Escrow or Loan No.._ I MAIL TAX STATEMENTS AS DIRECTED ABOVE bOOK9063 PAGE 217 d i�'L-ti a July 1 9, 1969 Income Property Specialists , Inc . - 031 beha' I f Beach pu'',--- City 6 Ity c.on f el-2 c d byv of' the y 1z f t C'i of Hunt i i g, o I I B e ot t A adoptelt-1 oi-f J un 3, J10'68 , and t,--& conlse,,'it,' to .—ecovdu�- L',j its 5 at 'j 2 August 1969 Cu !"Y S. SECURITY TITLE CLTA-1963 STANDARD COVERAGE 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. ✓ " » 0?1 Secretary d `» SAG ,5, 1 ltlllG'¢f� lQ= President An A rized Si ature P-218 (G.S.) ®Saleco fneora,rce Company of America.Aepis,ered Trademark owner. Rev. California Land • Title Association Standard Coverage Policy Form Copyright 1963 SCHEDULE A Effective Amount of liability: 81302000.00 Policy No:348274 Date: September 17, 1969 at 8: 00 A.M. Premium $42.50 INSURED THE CITY OF HUNTINGTON BEACH, 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: THE CITY OF HUNTINGTON BEACH, a municipal corporation. 3. The land referred to in this policy is situated in the State of California, County of Orange and is described as follows: That portion of the Southwest quarter of the Northeast quarter of the Northeast quarter and the East 270 feet of the Southeast quarter of the Northwest quarter of the Northeast quarter of Section 232 Township 5 South, Range 11 West, partly in the Rancho La Bolsa Chica and partly in the Rancho Las Bolsas, in the City of Huntington Beach, as shown on a map thereof recorded in book 51, page 13, Miscellaneous Maps, records of said Orange County, described as follows : The Southerly 290.00 feet of said land. EXCEPTING THEREFROM the Easterly 531.5 feet. EXCEPTING THEREFROM all oil, gas and other hydrocarbon substances in and under said land, but with no right of entry upon the top 500 feet thereof, as reserved in deeds of record. California&B (G S.) Ca Land Title Association Standard Coverage Policy Form Copyright 1963 �t:1lI'.Dl LI: R This policy does not insure against loss or damage by rea► on of III(- foll(m ing: PANT I 1. Taxes or assessments which are not shown as exislin�r liens by the ref-nrds of anv (using :u►thority 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. 1. Discrepancies, conflicts in boundary lines, shortage in area. encroachments, or any other facts whicli it correct survey would disclose, and which are not shown by the public records. 5. Unpatented mining claims; reservations or exceptions in palents or in Acts authorizing the issuance thereof; water rights, claims or title to water. PART II 1. Taxes for the fiscal year 1969-70, a lien, not yet payable. 2. An easement along the Westerly 30 feet of said land for public highway purposes, as granted to the City of Huntington Beach, by deed recorded December 7, 1961 in book 5937, page 35, Official Records. 3. A covenant and agreement by Income Property Specialist 's, Inc. , as owner to the City of Huntington Beach, a municipal corporation, concerning certain improvements and agreements, as therein set forth recorded June 9, 1969 in book 8983, page 217, Official Records. 107.8 INDORSEMENT The following exclusion from coverage under this policy is added as paragraph 3 (f) of the Conditions and Stipulations if this is a CLTA Standard Coverage policy, or as paragraph 3 (g) of the Conditions and Stipulations if this is an ALTA policy: "Any `consumer credit protection,' `truth in lending' or similar law." This indorsement is made a part of said policy and is subject to the schedules, conditions and stipulations therein, except as modified by the provisions hereof. Dated: September 17, 1969 Policy No. 348274 UIR �kkk r►rir� 1j SECURITY TITLE INSURANCE COMPANY 1 RCH B 107.8 Authorized S' nature CLTA Form (G.S.) 4-10-69 ALTA or Standard Coverage FOR, N.lf2, SEC 23, US., R.11 W. TAX CODE AREAS 14 2- 1 E 4-01U r� r3 e ©7 13 ?I k_ J c ¢ EDJN�ER rSlir£t]zERAVEJ IlVENUE aT{�"•— ! i�► E M. 3 .J0 s. , ass', C ! A zm . t 16 k 6A OR I J 33 A N OR { lP 6!At^ 29 Q ♦ t /3.9© Ad e I ca�ss „GClETTE Low DR BLENCOE to 28 0 ALNAMBRA { HEl MARW /962 MARCH 1965-66-67 NOTE-ASSESSOR'S BLOCK ASSESSOR'S MAP 3 LOT NUMBERS BOOK K?-PAGE I I SHOWN IN CIRCLES COUNTY OF ORANGE THIS PLAT IS INSERTED AS A MATTER OF INFORMATION ONLY, AND WHILE THE SAME IS COMPILED FROM INFORMATION WHICH WE BELIEVE TO BE CORRECT, NO LIABILITY IS ASSUMED BY THIS (J i COMPANY AS TO THE CORRECTNE.SS-,.Of.