HomeMy WebLinkAbout1971-03-25 - Grant WILLIAMM LYON DEV CO RECORDING REQUESTED BY*
220 18 E �i� 9622 rwa 64
CITY OF HUNTINGTON BEACH t
RECORDED AT REQUEST OF
TITLE INS. & TRUST CO.
IN OFFIC"Ai. FECtd?3a OF
AND WHEN RECORDED MAIL TO ' ORANGE COUNTY, CALIF.
8:00AM APR 29 1971
(— City Clerk
� ).WYlIE CARLYLE County RecorderName City of Huntington Beach r
Street P .O . Box 190 FREE
Addfefs Huntington Beach, Calif .
City a
Slats. I
L SPACE ABOVE THIS LINE FOR RECORDER'S USE
This document is solely for the
MAIL TAX STATEMENTS TO ✓^`
� --'Pale
7 -� official business of the City of
Name le _ Huntington Beach, as contemplated
Street Same under Government Code Section 6103
Address NO TAX DUE and shouldbe recorded free of
c' °
State I AFFIX I.R.S. $ IN THIS SR&
St ¢ �
Corporation Grant Deed `"
TO 406 C THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY
FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged.
Wm, Lyon Development Co. , Inc.
a corporation organized under the laws of the state of California
hereby GRANTS to City of Huntington Beach , a municipal corporation
the following described real property in the City of Huntington Beach
County of Orange , State of California:
f
Lot B of Tract 7330 as shown on a
map recorded in Book 276, pages 25
through 27 inclusive, of Miscellaneous
Maps, records of Orange County, California.
5
i�44R Y• � � �
,ka
Joe
In Witness Whereof, said corporation has caused its corporate name and seal to be affixed hereto and-thi§' instru-
ment to be executed by its Vice President and -SecrIetary
thereunto duly authorized. ,
Dated:
1dMe Lyolq NT G e In�.
STATE OF CALIFORNIA By
,
SS. D. L 1o' : z PresW6nt
COUNTY OF
*'.� g
I
On 2*.t 7� before me, the under- By
signe , a Notary Pu_Wic in and for said State, personally appeared Will Dean Russell, e, tetarV
d iC c 9 - known
to me to be theme President, and
known to me to be
Secretary of the Corporation that executed the
within Instrument, known to me to be the persons who executed the OrFk'!Al 11
within Instrument on behalf of the Corporation therein named, and i�l 9 #, C '°�
'ry
acknowledged to me that such Corporation executed the within Instru ' �C ''
ment pursuant to its by-laws or a resolution of its board of directors.
WITNESS my hand and official seal.
� ORANGE C+✓fiRSTY
My. Commission Expires Aug. 30, 1974 �a
Signature
Name (Typed or Printed) (This area for official notarial seal)
Title Order No. Escrow or Loan No.—
MAIL TS AS DIRECTED ABOVE
• U;,� 9622 F,E 05
J� fe City of . Huntington Beach
* � P.O. BOX 190 CALIFORNIA 92648
DEED CERTIFICATION
This is to certify that the interest in real property conveyed
by the deed dated March 25 , 1971
from Wm. Lyon Development Co. , Inc. to the City
of Huntington Beach, a municipal corporation, is hereby accepted
by the undersigned officer or agent on behalf of the City Council
of the CITY OF HUNTINGTON BEACH pursuant to the authority con-
by resolution of the City Council of the City of Huntington
to ch,,`adopted on June 3, 1968, and the grantee consents to the
—recordation thereof by its duly authorized officer.
April 20 , 1971 CITY OF HUNTINGTON BEACH
Dated.
' nder castle
0 Assistant City Administrator
115
TI WIN W-MM---
California Land Title Association
Standard Coverage Policy Form
Copyright 1963
1654
POLICY OF TITLE INSURANCE y
` ISSUED BY
F Title Insurance and Trust Company
P
Title Insurance and Trust 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 consolidation,
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:
F
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 C 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 a
r
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 polity; 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, how ; toe ro f Schedules A, B and C and to the Conditions and Stipulations
hereto annexed.' �
p
4 0 '$ k
` la
s ereof, Title Insurance and Trust Company has caused its
' rt. rai d seal to be hereunto affixed by its duly authorized officers
or _ ateh Schedule A.
y;
' >" d
Title Insurance and Trust Company
r
` G E L ES by
^
PRESIDENT
Attest �"��✓"'�W
SECRETARY
CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY m 1963
SCHEDULE A
POLICY NO. e 499501
AMOUNT $90a1$4,00.
PREMIUM _ $295,60,
EFFECTIVE DATES ' 1 71 AT 8 29 APR IL 9 # 00 A,M,
I
INSURED
CITY OF HUNTINGTON BEACHa A MUNICIPAL CORPORATI
ON*
1® TITLE TO THE ESTATE OR INTEREST COVERED BY THIS POLICY AT THE DATE
HEREOF IS VESTED INS
HERB MOONo TITLE OFFICERS A MUNICIPAL CORPORATION,
2, THE ESTATE OR INTEREST IN THE LAND DESCRIBED OR REFERRED TO IN
SCHEDULE C COVERED BY THIS POLICY IS A FEE,
'I
499501 PAGE 1
CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY `° 1963
SCHEDULE B
THIS POLICY DOES NOT INSURE AGAINST LOSS OR DAMAGE BY REASON OF THE
FOLLOWINGS
PART I
ALL MATTERS SET FORTH IN PARAGRAPHS NUMBERED 1 TO 5 INCLUSIVE ON
THE INSIDE COVER SHEET OF THIS POLICY UNDER THE HEADING SCHEDULE B
PART ONE.
PART II
Is GENERAL AND SPECIAL TAXES FOR THE `FISCAL YEAR 1971-1972 # A
LIEN NOT YET PAYABLE.
2® AN EASEMENT OVER THE MOST WESTERLY 20 FEET OF SAID LAND
FOR ROAD AND PUBLIC UTILITY PURPOSES4 AS GRANTED TO OCEAN VIEW
SCHOOL DISTRICT OF ORANGE COUNTY# CALIFORNIA BY DEED RECORDED
OCTOBER 22 ► 1968 IN BOOK 8762 PAGE 715 OFFICIAL RECORDS.
3e THE RECITAL ON THE MAP OF TRACT NO. 7330 ► THAT LOT B WAS
GRANTED TO THE CITY OF HUNTINGTON BEACH FOR A PARK SITE.
499501 PAGE 2
SCHEDULE C
THE LAND REFERRED TO IN THIS POLICY IS DESCRIBED AS FOLLOWSa
LOT B OF TRACT NO. 7330s CITY OF HUNTINGTON BEACH# COUNTY OF
ORANGES STATE OF CALIFORNIA' AS PER MAP RECORDED IN BOOK 276
PAGES 25f 26 AND 27 OF MISCELLANEOUS MAPSP IN THE OFFICE OF
THE COUNTY RECORDER OF SAID COUNTY,
H HYDROCARBON
EXCEPT ALL MINERAL5s OILS GASs PETROLEUM AND OTHER H OCA BON
SUBSTANCES IN OR UNDER OR WHICH MAY BE PRODUCED FROM SAID LAND
l; WHICH UNDERLIES A PLANE PARALLEL TO AND 500 FEET BELOW THE
PRESENT SURFACE OF SAID LAND FOR THE PURPOSE OF PROSPECTINGs
FOR THE EXPLORATION # DEVELOPMENTS PRODUCTIONs EXTRACTION# AND
TAKING OF SAID MINERALS % OIL* GAS► PETROLEUM AND OTHER HYDROCARBON
SUBSTANCES FROM SAID LAND BY MEANS OF MINES' WELL.Ss DERRICKSs
AND/OR OTHER EQUIPMENT FROM SURFACE LOCATIONS ON ADJOINING
OR NEIGHBORING LAND OR LYING OUTSIDE OF THE ABOVE—DESCRIBED
LAND # IT BEING UNDERSTOOD THAT THE OWNER OF SUCH MINERALS OILe
GAS* PETROLEUM# AND OTHER HYDROCARBON SUBSTANCES AS SET FORTH
ABOVE SHALL HAVE NO RIGHT TO ENTER UPON THE SURFACE OF THE
ABOVE—DESCRIBED LAND NOR TO USE ANY OF THE SAID LAND OR ANY
PORTION THEREOF ABOVE SAID PLANE PARALLEL TO AND 500 FEET BELOW
THE PRESENT SURFACE OF THE SAID LAND FOR ANY PURPOSES WHATSOEVER:
AS RESERVED BY FRANK YORIMASA CHIKASAWA ET UX IN THE DEED RECORDED
MARCH It 1971 IN BOOK 9557 PAGE 4944 OFFICIAL RECORDS.
499501 PAGE 3
CLTA 107.8 (4-10-69) �../.
(5-69 d V✓✓✓ ((t
ALTA OR STANDARD.COVERAGE—
INDORSEMENT
ATTACHED TO POLICY NO. 499501
ISSUED BY
Title Insurance and Trust Company
The following exclusion from coverage under this policy is added to Paragraph 3 of the
Conditions and Stipulations:
"Consumer credit protection, truth in lending or similar law."
The total liability of the Company under said policy and any indorsements therein shall not
exceed, in the aggregate, the face amount of said policy and costs which the Company is obligated
under the conditions and stipulations thereof to pay.
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.
N
iS PRO
w ` Title Insurance and Trust Company
B
SECRETARY
•TO 231 VC
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�aTRAC'' ` No'. 7330
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This is not a survey of the land but is compiled for information ,by the
Title Insurance and Trust Company from data shown by the official records.
CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of Policy Face)
the Company in regard to the subject matter pany by the Insured, the Company offers the amount so paid shall be deemed a pay.
of such action, proceeding or matter shall to purchase said indebtedness, the owner of ment to the Insured under this policy. The
cease and terminate; provided, however, such indebtedness shall transfer and assign provisions of this paragraph numbered 8
that failure to notify shall in no case said indebtedness and the mortgage securing shall not apply to an Insured owner of an
prejudice the claim of any Insured unless the same to the Company upon payment of indebtedness secured by a mortgage shown
the Company shall be actually prejudiced the purchase price. in Schedule B unless such Insured acquires
by such failure and then only to the extent title to said estate or interest in satisfaction
of such prejudice. 7. PAYMENT OF LOSS of said indebtedness or any part thereof.
(c)_The Company shall have the right (a) The liability of the Company under 9. SUBROGATION UPON PAYMENT OR
at its own cost to institute and prosecute this policy shall in no case exceed, in all;
any action or proceeding or do any other the actual loss of the Insured and costs and SETTLEMENT
act which in its opinion may be necessary attorneys' fees which the Company may be Whenever the Company shall have settled
or desirable to establish the title of the obligated hereunder to pay. a claim under this policy, all right of sub-
estate or interest or the lien of the wort- rogation shall vest in the Company un-
a e as insured; and the Company may (b) The Company will pay, in addition affected by any act of the Insured, and it
$ g p y y to any loss insured against by this policy,
take any appropriate action under the terms all costs imposed upon the Insured in liti- shalt be subrogated to and be entitled to
of this policy whether or not it:shall be all rights and remedies which'the Insured
gation carried on by the Company for the would have had a ainst an person or ro
liable thereunder and shall not thereby Insured, and all costs and attorneys' fees in g y p P p
concede liability or waive any provision of litigation carried-on by the Insured with eery in respect to such claim had this policy
this policy. the written authorization of the Company. not been issued. If the payment does not
(d) In all cases where this policy per- cover the loss of the Insured the Company
mits or requires the Company to prosecute (c) No claim for damages shall arise or shall be subrogated to such rights and
or provide for the defense of any action be maintainable under this policy (1) if remedies in the proportion which said pay-
or proceeding, the Insured shall secure to the Company, after having received notice ment bears to the amount of said loss. If
it the right to so prosecute or provide de- of an alleged defect, lien or encumbrance loss should'result from any act of the In-
fense in such action or proceeding, and all not excepted or excluded herein removes cured, such act shall not void this policy,
appeals therein, and permit it to use, at its such defect, lien or encumbrance' within a but the Company, in that event. shall be
option, the name of the Insured for such reasonable time after receipt of such notice, required to pay only that part of any losses
purpose. Whenever requested by the Com- or (2) for liability voluntarily assumed by insured against Hereunder which shall ex-
pany the Insured shall give the Company the Insured in settling any claim or suit need the amount, if any, lost to the Com-
all reasonable aid in any such action'or without written consent of the Company, pany by reason of the impairment of the
proceeding, in effecting settlement, securing or (3) in the event the title is rejected as right of subrogation. The Insured, if re-
evidence, obtaining witnesses, or prosecu- unmarketable because of a defect, lien or quested by the Company, shall transfer to
ting or defending,such action or proceed- encumbrance not excepted or excluded in the Company all rights and remedies
ing, and the Company shall reimburse the this policy, until there has been a 'final' against any person or property necessary in
Insured for any expense so incurred. determination by a court of competent juris- order to perfect such right of subrogation,
diction sustaining such rejection. and shall permit the Company to use the
5. NOTICE OF LOSS — LIMITATION OF (d) All name of the Insured in any transaction or
ACTION payments under this policy, ex- litigation involving such rights or remedies.
ceps payments made for costs, .attorneys'. .
In addition to the notices required under fees and expenses, shall reduce the amount in-
If the Insured is the owner of the
paragraph 4(b), a statement in writing of of the insurance pro tanto and no payment debtedness secured by;a mortgage covered
any loss or damage for which it is claimed shall be made without producing this policy by this policy, such Insured may release or
the Company is liable under this policy for endorsement of such payment unless substitute the personal liability of any
shall be furnished to the Company within the policy be lost or destroyed, in which debtor or guarantor, or extend or otherwise
sixty days after such loss or damage shall case proof of such loss or destruction shall modify the terms of payment, or release
have been determined, and no .right of be furnished to the satisfaction of the Com a portion of theestate or interest from the
action shall accrue to the Insured under pany; provided, however, if the owner of lien of the mortgage, or release any col-
this policy until thirty days aft an indebtedness secured b a mortgage lateral security for the indebtedness, pro-
statement such P cY e y yvided such act does not result in any loss
statement shall have been furnished, and shown.in Schedule B is an Insured.herein of priority of the.lien of the mortgage.
no recovery shall be had by the Insured then such payments shall not reduce pro p y
under this policy unless action shall be tanto the amount of the insurance afforded 10. POLICY ENTIRE CONTRACT
commenced thereon within five years after hereunder as to such Insured, except to the Any action or actions or rights of action
expiration of said thirty dap period. Failure extent that such payments reduce the amount that the Insured may have or may bring
to furnish such statement of loss or damage, of the indebtedness secured by such mort against the Company arising out of the
or to commence such action within the gage. Payment in full by any person or status of the lien of the mortgage covered
time hereinbefore specified, shall be a con- voluntary satisfaction or release by the In- st this policy of the title. of the estate or
elusive bar against maintenance by the In- sured of a mortgage covered by this policy by interest insured herein must be based or
cured of any action under this policy. shall terminate all liability of the Company the provisions of this policy.
to the insured owner of the indebtedness
6. OPTION TO PAY, SETTLE OR COMPRO- secured by such mortgage, except as pro- No provision'or condition of this policy
MISE CLAIMS vided in paragraph 2 hereof. can be waived or changed except by writing
The Company shall have the option to endorsed hereon or attached hereto signed
a or settle or compromise for or in the fixed
When liability has been definitely by the President, a Vice President, the
name of the Insured any claim insured fixed in accordance with the conditions of Secretary, an Assistant Secretary or other -
against or to pay the full amount of this this policy the loss dayor s
thereafter.
shall be pay- validating officer of the Company.
able within thirty days thereafter.
Policy, or, in case loss is claimed under this 11. NOTICES, WHERE SENT
Policy by the owner of the indebtednesssecure B LIABILITY NONCUMULATIVE All notices required to be given the Com-
policyd by a mortgage covered by this an and an statement in writing required
policy, the Company shall have the option It is expressly understood that the to be furnished the Company shall be ad-
to purchase said indebtedness; such pur- amount of this policy is reduced by any P y
chase, payment or tender of payment of amount the Company may pay under any dressed to it at the office which issued this
the full amount of this policy, together policy insuring the validity or priority of policy or to its Home Office; 433 South
with all costs, attorneys' fees and expenses any mortgage shown or referred to in Spring Street, Los Angeles 54, California.
which the Company is obligated hereunder Schedule B hereof or any mortgage here- 12. THE PREMIUM SPECIFIED IN SCHEDULE
to pay, shall terminal! all liability of the after executed by the Insured which is a
Company hereunder. In the event, after charge or lien on the estate or interest A IS THE ENTIRE CHARGE FOR TITLE SEARCH,
notice of claim has been given to the Com- described or referred to in Schedule A,and TITLE EXAMINATION AND TITLE INSURANCE.
c