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HomeMy WebLinkAbout1972-02-15 - Grant STANDARD OIL CO 9314 RECORDED AT REQUEST OF WHEN RECORDED RETURN TO: TITLE INS. & TRUST CO- IN OFFICIAL RECORDS OF This document is solely for the ORANGE COUNTY, CALIF. Official business Of the City Of Huntij-Zllton 8:00 AM FEB j 1 1972 1 P'3 contem— TTY OF HUNTI[JOGTON BEACH Plated Code Office of the Ci-Lv Clerk J.WYLIE CARLYLg'Conq pAco*r See. 6103 and be recoLggd P. 0. Box 190 FREE Huntington Beach, Calif. 92648 01814 STANDARD OIL C0101PAW OF CALMRWA, a Delaware corporation, hereby grants to the CITY OF MWINGTON BEACH, a municipal corporation,, that parcel of land in the County of Orange, State of California, described as follows$ That portion of the East 30.00 acres of the West 60.00 acres of the South half of the Southwest quarter of Section 26,, 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,, County of Orange, State of California, as per map recorded in ry Book 51, Page 13 of Miscellaneous Maps,, in the office of the County Recorder of said county, described as follows: Beginning at the Southwest corner of the Southeast quarter of the Southeast Quarter of the Southwest quarter of said Section as shown on a map filed in Book 53, Page 27 of Record of Surveys in the office of the county recorder of said county, said point also being the intersection of the centerline of Talbert Avenue with the centerline of Gothard Street; thence North 890 431 00" West 751-00 feet along the southerly line of said Southwest quarter being also the center- line of said Talbert Avenue; thence at right angles to said southerly line North 00* 171 00" East 50.00 feet to a point on the northerly IN, line of said Talbert Avenue, said point being the True Point of Beginning; thence continuing North 000 17E 00" East 237.00 feet; thence South 890 43, 00" East 157.00 feet parallel with said southerly line; thence North 001 171 00" East 265-00 feet; thence South 89e 43t 00" East 145-00 feet parallel with said southerly line; thence North 00* 17' 00" East 294.00 feet; thence North 890 431 00" West 93.27 feet parallel with said southerly line; thence South 42* 351 07" West 125.94 feet; thence South 00* 17' 00" West 40.79 feet; thence North 890 43t 00" West 30.00 feet parallel with said southerly line; thence North 001 17' 00" East 33.93 feet; thence North 890 43t 00" West 47.24 feet parallel with said southerly line; thence North 00* 17' 00" East 199.55 feet; thence North 85* 511 47" East 280.00 feet; thence North 610 331 33" East 170-00 feet; thence North 880 54# 46" East 232.41 feet to a point in the westerly line of said Gothard Street; thence North 000 051 00" East 265.06 feet along said westerly line to a point in the northerly line of said South half of the Southwest quarter of Section 26; thence North 890 42t 00" West 951.22 feet along said northerly line to the westerly line of said East 30.00 acres; thence South 00* 05t 00" West 1269.73 feet along said westerly line to a point in the northerly line of said Talbert Avenue; thence south 890 43, oo" East 240.39 feet along said northerly line to the True Point of Beginning. Containing 15.11 acres more or less. Excepting and reserving to Grantor, its successors and assigns, all oil, gas and other hydrocarbons,, geothermal resources as defined in Section 6903 of the California Public Resources Code, and all other minerals, whether similar DOCUMENTARY TRAP'.-FER TAX ............................. Z01PUTaD ON! F:[,L V"_UE Jr 3'P-01"R-Y CONVEYED, ............ ........ I _EFA' I<a"k TITLE 11.,SU Kr A"D Tr"U'ST COMPAN' n"or Agent determWng tax. Firm Name MAIL TAX STATEMENT3 TO ADORL%ABM „ 9998 i�!u399 to those herein specified or not, within or that may be produced from said parcel; provided, however, that the surface of said parcel shall never be used for the exploration, development, extraction, removal or storage of any thereof. Also excepting and reserving to Grantor, its successors and assigns, the sole and exclusive right from time to time to drill and maintain wells or other works into or through said parcel below a depth of 500 feet and to pro- duce, inject, store, and remove from and through such wells or works oil, gas, water and other substances of whatever nature, including the right to perform any and all operations deemed by Grantor necessary or convenient for the exer- vise of such rights. FURTHER EXCEPTING AND RESERVING unto Grantor herein, its successors and assigns, for its and their benefit and for the benefit of its and their present or future subsidiaries and their respective successors and assigns, the right of way from time to time to lay, construct, reconstruct, replace, renew, repair, maintain, operate, change the size of, increase the number of and remove pipe lines and appurtenances thereof for the transportation of oil, petroleum, gas, gasoline, water or other substances, with the right of ingress and egress to and from the sane, over and through, under or along the land conveyed by this deed; provided, however, that all pipe lines and appurtenances thereof which are laid by virtue of this exception and reservation shall be located within strips of land described below: Strip 1: A strip of land 20 feet wide, the centerline of which is described as follows: Beginning at a point in the northerly line of said East 30.00 acres, said point being distant South 890 42t 00” East 19.80 feet from the Northwest corner of said East 30.00 acres; thence South 45* 361 21" East 506.33 feet; thence South 20 21t 47" west 21.75 feet to a point in a line in the hereinabove described 15.11 acre property, said line being described as "North 85° 51t 47" East 280.00 feet", said point being located distant North 85° 51, 47" East 91.00 feet from the westerly terminus of said line. Strip 2: A strip of land 16.50 feet wide, the centerline of which is described as follows: Beginning at the point of intersection of the centerline of Talbert Avenue with the centerline of Gothard Street as shown on a map filed in Book 53, Page 27 of Record of Surveys, on file in the office of the County Recorder of said County, said point of intersection being the Southwest corner of the Southeast quarter of the Southeast quarter of the Southwest quarter of said Section. 26; thence along said centerline of Talbert Avenue North 890 43* 00" West 960.30 feet; thence North 00 llt 05" East 50 feet to the North line of Talbert Avenue and the True Point of Beginning; thence continuing North 00 110 05" East 585.75 feet; thence North 67° 271 35" East 156.75 feet; thence North 820 48, 05" East 160.00 feet, more or less, to a line in the herein- above described 15.11 acre property, said line being described as "North 0. 17' 00" East 33.93 feet". The boundary lines of the above-described strips of land shall be lengthened or shortened at their extremities to conform to the boundary lines of the land conveyed by this deed. 2 - v r� IN FLIRMMANCE OF TIg FOUGOING E7i`CEPTIM AND n=VATION, Grantee herein agrees, for itself and its successors and assigns, that it shall not plant, maintain or grow any tree on said strips of laud, nor erect or main- tain any building or structure thereon, nor do anything inconsistent with * or which impairs the present or prospective exercise of any of the herein- above excepted and reserved rights. 1 This conveyance is subject to all matters appearing of record or that may be ascertained by an inspection of said lands. Dated: STANDARD OIL COMPANY OF CALIFORNIA By vieq APPROVED AS To, FORM Assistant Seardt °.p DON BON City Attorney Send Future Tax Statements To: State of California ) City and County of San Francisco ss On t �r, V1.1 ` , before me, Edmond Lee Kelly, a Notary Public in and for said City and ount and St e, residing a e' , duly commissioned and sworn, personally a. peare known to _ to be Of the described in and that exec ted the with. instMr n and o kno to me%rporation o be the person(s) who executed it on behalf of th saiporation erein named, and acknowledged to me that such Corporation executed the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Official Seal, in the City and County and State aforesaid the day and year in this certificate above EDMOND LEE KELLY NOTA R Y PUBLIC CALIFORNIA CITY AND COUNTY OF 17 $AN -''ANCISCO Notary Public in and for said Cit 4and My Commission Expires January 22, 1972 County of San Francisco, State of California _ 3 _ r v� 9998?�Z 392 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 December 15 , 1971 from STANDARD OIL COMPANY OF CALIFORNIA 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 conferred by resolution of the City Council of the City of Huntington Beach adopted on June 3 , 1968 , and the grantee consents to the recordation thereof by its duly authorized officer. % CITY OF HUNTINGTON BEACH XI.L' 1-> � n < 01P &4a-e-'r'—D. Castle Assistant City Administrator z Dated: February 4 , 1972 v► 1934 9� � 10 134 ?AGE 321. This document is solely for the FREE official business of the City CORDING C2 of Huntington Beach, as contem- REUESTep BY plated under Government Code Sec. 6103 and should be recorded 1 When recorded, please mail free of charge. 2 this instrument to: OFFICE OF THE CITY CLERK 8 City of Huntington Beach Post Office BOX 190 RECORDED IN OFFICIAL RECORDS 4 Huntington Beach, California 92648 OF ORANGE COUNTY, CALIFORNIA .E�'.D /'�"/ 9:07 A.M. MAY 19 1972 6 J.WYLIE CARLYLE,County Recorder 7 NOTICE OF DEED RESTRICTION 8 9 NOTICE IS HEREBY GIVEN that the City of Huntington Beach, 10 a municipal corporation, is the owner of the property described as : 11 That portion of the east 30 . 00, acres of the west 60 . 00 acres of the south half of the southwest quarter 12 of Section 26, Township 5 South, Range 11 West, partly in the Rancho La Bolsa Chica and partly in the Rancho 13 Las Bolsas, in the City of Huntington Beach, County of Orange, State of California, as per map recorded in 14 Book 51, page 13 of Miscellaneous Maps in the office of the County Recorder of said county, described as 15 follows 16 Beginning at the southwest corner of the south- east quarter of the southeast quarter of the south 17 west quarter of said section as shown on a map filed in Book' 53 3 page 27 of Record of Surveys in the 18 office of the County Recorder of said county, said point also being the intersection of the _center line 19 of Talbert Avenue with the center line of Gothard Street; thence north 89°43' 00" west- 751.00 feet along 20 the southerly line of said southwest -quarter being also the center line of said Talbert Avenue; thence 21 at right angles to said southerly line. north 00117100" east 50. 00 feet to. a point on the northerly line of 22 said Talbert Avenue, said point being the true point of beginning; thence continuing north 0001710011 east 23 237. 00, feet; thence south 89043' 00" east 157 . 00 feet parallel with said southerly line; 'thence north 24 00017 ' 00" east 26.5 . 00 feet; thence south 89143'00" east 145 .00 .feet parallel with said southerly line; 25 thence north 00917100" east 294 . 00 feet; thence north 89043 ' 00" west 93 . 27 feet parallel with said southerly 26 line thence south 42°35 ' 07" west 125 .94 feet ; thence south 00017' 00" west 40 . 79 feet; thence north 8904310011 27 west 30 . 00 feet parallel with said southerly line; thence north 00017 ' 00" east 33 . 93 feet; thence north 28 89°43100" west 47. 24 feet parallel with said southerly ' line; thence north 00°17 ' 00" east 199 .55 feet; thence 29 north 85°51147" east 280 . 00 feet; thence north 61033 ' 33" east 170 . 00 feet; thence north 88054 ' 4611 east 232. 41 30 feet to a point in the westerly line of said Gothard Street. thence north 00005 ' 001' east 265 06 feet along 31 said westerly line to a point ,in the northerly line of said south half of the southwest quarter of Section 32 26; thence north 89042100" west 951.22 feet along said 1 . 1 10 134 pw3�2 1 northerly line to the westerly line of said east 30 .00- acres; thence south 00005 ' 00" west 1269 . 73 feet along 2 said westerly line to a__point in the northerly line of said Talbert Avenue; .thence south 89043' 00" east 3 240 . 39 feet alongsaid northerly line to the true point of beginning. 4 Excepting therefrom all oil, gas and other hydro- 5 carbons , geothermal resources as defined in Section 6903 of the California Public Res'ources' Code, and 6 all other minerals, whether similar to those herein specified or not, within or that may be produced from 7 said parcel; provided, however, that the surface of said parcel shallnever be used for the exploration, 8 development, extraction, removal or storage of any thereof. Also excepting therefrom the sole and exclusive 10 right from time to time to .drill and maintain wells or other works into or through said parcel below a 11 depth of 500 feet and to produce, inject , store, and remove from and through such wells or works 12 oil, gas, water and other substances of whatever nature, including the right to perform any and 13 all operations deemed necessary or convenient for the exercise of such rights . 14 15 and that the City of Huntington Beach has been granted funds from 16 the Department of Housing and Urban Development for the develop- 17 ment of the above described property as a park site, and as a 18 condition of obtaining said funds, the city is required to record 19 this notice, to wit 20 The above described property or any interest therein may 21 not be sold, leased or otherwise transferred by the City of Hunt- 22 ington Beach without the prior written approval of the Secretary of 23 Housing and Urban Development, his designee, :or any successor 24 thereto. 25 DATED 1972 . 26 CITY OF HUNTINGTON BEACH, a municipal corporation 27 28 By . . 29 Mayor 30 ATTEST: APPROVED AS TO FORM: 31 32 city C rk City Attorney 2 , 1 STATE OF CALIFORNIA SS 2 COUNTY OF ORANGE ) 3 4 On 1972, before me, the under- 6 signed a notary ic in and for said state personally � y pu l s p y appeared 6 ALVIN M. COEN, known to me to be the Mayor, and PAUL C . JONES, 7 known to me to be the City Clerk of the municipal corporation 8 that executed the within notice of deed restriction, known to me 9 to be the persons who executed the within notice of deed restric 10 tion on behalf of the municipal corporation therein named, and 11 acknowledged to me that such municipal corporation executed the 12 within notice of deed restriction pursuant to its Charter ;and' a 13 resolution of its City Council. 14 WITNESS my hand and official seal OFFICIAL SEAL - 16 .. ,y• ERNESTINA piFAB10 we¢> LLo NOTARY PUBLIC-CALIFORNIA • ORANGE COUNTY - 17 FoaNp My Commission Expires June 25,1973 18 P.0. Box 190, Huntington Reach,Calif.92648 19 20 21 22 23 24 25 26 27 28 29 30 31 82 his document is solely fOr "f7 official Business of the City of Huntington Beach, as contem- plated under Government Code Sec. 6103 and should be recorder free of charge. RESOLUTION NO. 3486 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH AUTHORIZING THE EXECUTION AND RECORDING OF A DEED RESTRICTION ON HUNT- INGTON CENTRAL PARK, PHASE I (CALIF-OSA-375(G) ) WHEREAS, the City of Huntington Beach has acquired the prop- erty hereinafter described, and the Department of Housing and Urban Development has approved a grant of funds for the acquisi- tion and development of such property as a park site; and A condition precedent to the granting of such funds to city is that city record a restriction on the property indi- cating that the property or any interest therein may not be sold, leased or otherwise transferred without the prior written approval of the Secretary of Housing and Urban Development, his designee, or any successor thereto, NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby resolve as follows : The appropriate city officials are hereby authorized to execute a deed restriction document to the property described in Exhibit "A, " attached hereto and by reference made a part hereof. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a meeting thereof held on the 15th day of May, 1972 . e � f May or ATTEST: APPROVED AS TO FORM: City0nerk City A -or GLLK. j 0 r 34 PAGE 325 IVY EXHIBIT "An That portion of the east 30 .00 acres of the west 60 .00 acres of the south half of the southwest quarter of Section 26, 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, County of Orange, State of California, as per map recorded in Book 51, page 13 of Miscellaneous Maps in the office of the County Recorder of said county, described as follows Beginning at the southwest corner of the south- east quarter of the southeast quarter of the south- west quarter of said section as shown on a map filed in Book 53, page 27 of Record of Surveys in the office of the County Recorder of said county, said point also being the intersection of the center line of Talbert Avenue with the center line of Gothard Street; thence north 89043' 00" west 751 . 00 feet along the southerly line of said southwest quarter being also the center line of said Talbert Avenue; thence at right angles to said southerly line north 00017' 00" east 50. 00 feet to a point on the northerly line of said Talbert Avenue, said point being the true point of beginning; thence continuing north 00017100" east 237. 00 feet; thence south 89143' 00" east 157 .00 feet parallel with said southerly line; thence north 00017 ' 00" east 265. 00 feet; thence south 89043 ' 00" east 145. 00 feet parallel with said southerly line; thence north 00017 ' 00" east 294 . 00 feet; thence north 89043 ' 00" west 93. 27 feet parallel with said southerly line; thence south 42°35 ' 07" west 125. 94 feet; thence south 00017 ' 00" west 40 . 79 feet; thence north 89043' 00" west 30 . 00 feet parallel with said southerly line; thence north 00017100" east 33. 93 feet; thence north 89043' 00" west *47 . 24 feet parallel with said southerly line; thence north 00017' 00" east 199. 55 feet; thence north 85051 , 47" east 280 . 00 feet; thence north 61033 ' 33" east 170. 00 feet; thence north 88054 ,46" east 232. 41 feet to a point in the westerly line of said Gothard Street; thence north 00005' 00" east 265 .06 feet along said westerly line to a point in the northerly line of said south half of the southwest quarter of Section 26; thence north 89042100" west 951. 22 feet along said northerly line to the westerly line of said east 30. 00 1 . 10134 PAGE 326 acres; thence south 00005'00" west 1269.73 feet along said westerly line to a point in the northerly line of said Talbert Avenue; thence south 89043' 00" east 240 .39 feet along said northerly line to the true point of beginning. Excepting therefrom all oil, gas and other hydro- carbons , geothermal resources as defined in Section 6903 of. the California Public Resources Code, and all other minerals, whether similar to those herein specified or not, within or that may be produced from said parcel; provided, however, that the surface of said parcel shall never be used for the exploration, development, extraction, removal or storage of any thereof. Also excepting therefrom the sole and exclusive right from time to time to drill and maintain wells or other works into or through said parcel below a depth of 500 feet and to produce, inject , store, and remove from and through such wells or works oil, gas, water and other substances of whatever nature, including the right to perform any and all operations deemed necessary or convenient for the exercise of such rights . 2 . Res. No. 3485 STATE OF CALIFORNIA. COUNTY OF ORANGE` ' s s CITY OF 1IUNTINGTON REACH I-, PAUL C. JONE:S, the duly elected, qualified and acting. City Clerk of the City of Huntington Beach, and ex- officio Clerk 'of the City Council of said City, do hereby : . certify that the whole number of members of the City Council. of the City of 'Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of more than amajority of all the members of said City Council at a regular meeting thereof held on the 15th day of rMaX 1972 by the following vote: AYES-: Councilmen`: Shipley, Bartlett , Tibbs Green Matne Duke Coen NOES, Councilmen: None ABSENT: Councilmen: Nome erk an, of icio Clerk of the City C ncil of the .City of Huntington Beach, California TI ....... TO 1012 FC--DP.(7.71) California Land Title Association Standard Coverage Policy Form Copyright 1963 POLICY OF TITLE INSURANCE ISSUED BY Title Insurance and Trust Company 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; 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 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 encumbrancenot 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 �. �o�' ' Hof Schedules A, B and C and to the Conditions.and Stipulations hereto anne t 1S ereof, Title Insurance and Trust Company has caused its y t a seal to be hereunto affixed by its duly authorized officers tt W Schedule A. _ a Z o Title Insurance and Trust Company 'VGELES, by PRESIDENT Attest SECRETARY CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY SCHEDULE A POLICY NO, 505821 AMOUNT _ $3209250*00. PREMIUM i $949.50. EFFECTIVE DATE ` FEBRUARY 119 1972 AT 8300 A.M. INSURED CITY OF HUNTINGTON BEACH# A MUNICIPAL CORPORATION. 1. TITLE TO THE ESTATE OR INTEREST COVERED BY THIS POLICY AT THE DATE HEREOF IS VESTED IN : CITY OF .:HUNTINGTON BEACHr A MUNICIPAL CORPORATION. 2. THE ESTATE OR INTEREST IN THE LAND DESCRIBED OR REFERRED TO IN SCHEDULE C COVERED BY THI-S POLICY IS A FEE. 505821 PAGE l k CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY SCHEDULE 8 THIS POLICY DOES NOT INSURE AGAINST LOSS OR DAMAGE BY REASON OF THE FOLLOWINGg 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 1. SECOND INSTALLMENT GENERAL AND SPECIAL TAXES FOR THE FISCAL YEAR 1971-19729 COVERING THIS AND OTHER PROPERTY. AMOUNT $21 #481*78, 2. THE RIGHT OF WAY FROM TIME TO TIME TO LAYS CONSTRUCT * RECONSTRUCTS REPLACES RENEWS REPAIR# MAINTAIN# OPERATE# CHANGE THE SIZE OFS INCREASE THE NUMBER OF AND REMOVE PIPE LINES AND APPURTENANCES THEREOF FOR THE TRANSPORTATION OF OIL# PETROLEUMS GASs GASOLINE# WATER OR OTHER SUBSTANCES# WITH THE RIGHT OF INGRESS AND EGRESS TO AND FROM THE SAME# OVER AND THROUGH* UNDER OR ALONG SAID LAND AS RESERVED BY STANDARD OIL COMPANY OF CALIFORNIAs IN DEED RECORDED FEBRUARY 119 1972 ; PROVIDED# HOWEVER# THAT ALL PIPE LINES AND APPURTENANCES THEREOF WHICH ARE LAID BY VIRTUE OF THIS EXCEPTION AND RESERVATION SHALL BE LOCATED WITHIN STRIPS OF LAND DESCRIBED BELOWE STRIP 1 : A STRIP OF LAND 20 FEET WIDE # THE CENTERLINE ,OF WHICH IS DESCRIBED AS FOLLOWS _ BEGINNING AT A POINT IN THE NORTHERLY LINE OF SAID EAST 30.00 ACRES# SAID POINT BEING DISTANT SOUTH 890 42 ' 00" EAST 19.80 FEET FROM THE NORTHWEST CORNER OF SAID EAST 30.00 ACRES ; THENCE SOUTH 450 36 ' 21" EAST 506#33 FEETi THENCE SOUTH Zo 21t 4711 WEST 21.75 FEET TO A POINT IN A LINE IN THE HEREINABOVE DESCRIBED 15 .11 ACRE PROPERTY # SAID LINE BEING DESCRIBED AS "NORTH 850 51 ' 4711 EAST 280.00 FEET" s SAID POINT BEING LOCATED DISTANT NORTH 850 51 ' 4711 ` EAST 91,.00 FEET FROM THE WESTERLY TERMINUS OF SAID MINE. STRIP 2s A STRIP OF LAND 16.50 FEET WIDE # THE CENTERLINE OF WHICH 15 DESCRIBED AS FOLLOWS # BEGINNING AT A POINT OF INTERSECTION OF THE CENTERLINE OF TALBERT AVENUE WITH THE CENTERLINE OF GOTHARD STREET AS SHOWN ON A MAP FILED IN BOOK 539 PAGE 27 OF RECORD OF SURVEYS, ON FILE IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY9 SAID POINT OF INTERSECTION BEING THE SOUTHWEST CORNER OF THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION 26 ; THENCE ALONG SAID CENTERLINE OF TALBERT AVENUE NORTH 890 43 ' 00" WEST 960*30 FEET ; THENCE NORTH 0'11 ' 05" EAST 50 FEET TO THE NORTH LINE OF TALBERT AVENUE AND THE TRUE POINT OF BEGINNING; THENCE CONTINUING NORTH 00 11 ' 05" EAST 585. 75 FEET ; THENCE NORTH 670 27 ' 351, EAST 156*75 FEET ; THENCE NORTH 820 481 05" EAST 160.00 FEET , MORE OR LESS ► TO A LINE IN THE HEREINABOVE DESCRIBED 15. 11 ACRE PROPERTY # SAID LINE BEING DESCRIBED AS "NORTH 0" 17 ' 00" EAST 33.93 FEET". THE BOUNDARY LINES OF THE ABOVE—DESCRIBED STRIPS OF LAND SHALL BE LENGTHENED OR SHORTENED AT THEIR EXTREMITIES TO CONFORM TO THE BOUNDARY LINES OF THE LAND CONVEYED BY THIS DEED. SAID DEED RECITES : "GRANTEE HEREIN AGREES9 FOR ITSELF AND ITS SUCCESSORS AND ASSIGNS+ THAT IT SHALL NOT PLANNt MAINTAIN OR GROW ANY TREE ON SAID STRIPS OF LAND + NOR ERECT OR MAINTAIN ANY BUILDING OR STRUCTURE THEREONo NOR DO ANYTHING INCONSISTENT WITH OR WHICH IMPAIRS THE PRESENT OR PROSPECTIVE EXERCISE OF ANY OF THE HEREINABOVE EXCEPTED AND RESERVED RIGHTS." SCHEDULE C THE LAND REFERRED TO IN THIS POLICY IS DESCRIBED AS FOLLOWS ` THAT PORTION OF THE EAST 30s00 ACRES OF THE WEST 60.00 ACRES OF THE SOUTH HALF OF THE SOUTHWEST QUARTER OF SECTION 26s TOWNSHIP 5 SOUTH9 RANGE 11 WEST * PARTLY IN THE RANCHO LA SOLSA CHICA AND PARTLY IN THE RANCHO LAS BOLSASP IN THE CITY OF HUNTINGTON BEACH , COUNTY OF ORANGE* STATE OF CALIFORNIA , AS PER MAP RECORDED IN BOOK 519 PAGE 13 OF MISCELLANEOUS MAPS , IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY# DESCRIBED AS FOLLOWS , BEGINNING AT THE SOUTHWEST CORNER OF THE SOUTHEAST QUARTER OF THE SOUTHEAST QUARTER OF THE SOUTHWEST QUARTER OF SAID SECTION AS SHOWN ON A MAP FILED IN BOOK 53i PAGE 27 OF RECORD OF SURVEYS IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY # SAID POINT ALSO BEING THE INTERSECTION OF THE CENTERLINE OF TALBERT AVENUE WITH THE CENTERLINE OF GOTHARD STREET ; THENCE NORTH 890 43 ' 00" WEST 751.00 FEET ALONG THE SOUTHERLY LINE OF SAID SOUTHWEST QUARTER BEING ALSO THE CENTERLINE OF SAID TALBERT AVENUE ; THENCE AT RIGHT ANGLES TO SAID SOUTHERLY LINE NORTH 000 17 ' 00" EAST 50.00 FEET TO A POINT ON THE NORTHERLY LINE OF SAID TALBERT AVENUE* SAID POINT BEING THE TRUE POINT OF BEGINNING; THENCE CONTINUING NORTH 000 17 ' 00" EAST 237.00 FEET $ THENCE SOUTH 890 431 .00" EAST 157.00 FEET PARALLEL WITH SAID SOUTHERLY LINEi THENCE NORTH 000 17 ' 00" EAST 265.00 FEET ; THENCE SOUTH 890 43 ' 00" EAST 145.00 FEET PARALLEL WITH SAID SOUTHERLY LINE ; THENCE NORTH 000 17 ' 00" EAST 294.00 FEET ; THENCE NORTH 890 43f 00" WEST 93.27 FEET PARALLEL WITH SAID SOUTHERLY LINE ; THENCE SOUTH 420 35 ' 07" WEST 125.94 FEET ; THENCE SOUTH 000 17 ' 00" WEST 40.79 FEET ; THENCE NORTH 89° 43 ' 00" WEST 30.00 FEET PARALLEL WITH SAID SOUTHERLY LINE * THENCE NORTH 000 17 ' 00" EAS-T 33.93 FEET ; THENCE NORTH 890 43 ' 00" WEST 47. 24 FEET PARALLEL WITH SAID SOUTHERLY LINE1 THENCE NORTH 000 171 00" EAST 199*55 FEETi THENCE NORTH 850 51 ' 47" EAST 280.00 FEET ; THENCE NORTH 610 33 ' 33" EAST 170.00 FEET ; THENCE NORTH 880 54 ' 46" EAST 232.41 FEET TO A POINT IN THE WESTERLY LINE OF SAID GOTHARD STREET ; THENCE NORTH 000 05 ' 00" EAST 2-65.06 FEET ALONG SAID WESTERLY LINE TO A POINT IN THE NORTHERLY LINE OF SAID SOUTH HALF OF THE SOUTHWEST QUARTER OF SECTION 26 ; THENCE NORTH 890 42 ' 00" WEST 951*22 FEET ALONG SAID NORTHERLY LINE TO THE WESTERLY LINE OF SAID EAST 30.00 ACRES ; THENCE SOUTH 000 05 ' 00" WEST 1269. 73 FEET ALONG SAID WESTERLY LINE TO A POINT IN THE NORTHERLY LINE OF SAID TALBERT AVENUE; THENCE SOUTH 890 43 ' 00" EAST 240#39 FEET ALONG SAID NORTHERLY LINE TO THE TRUE POINT OF BEGINNING. EXCEPTING THEREFROM ALL OILo GAS AND OTHER HYDROCARBONS , GEOTHERMAL RESOURCES AS DEFINED IN SECTION 6903 OF THE CALIFORNIA PUBLIC RESOURCES CODE * AND ALL OTHER MINERALSs WHETHER SIMILAR TO THOSE HEREIN SPECIFIED OR NOT ► WITHIN OR THAT MAY BE PRODUCED FROM SAID PARCEL ; PROVIDED , HOWEVER9 THAT THE SURFACE OF SAID PARCEL SHALL NEVER BE USED FOR THE EXPLORATION # DEVELOPMENTS EXTRACTION, REMOVAL OR STORAGE OF ANY THEREOF• • 1 ? lq ALSO EXCEPTING THEREFROM THE SOLE AND EXCLUSIVE RIGHT FROM TIME TO TIME TO DRILL AND MAINTAIN WELLS OR OTHER WORKS INTO OR THROUGH SAID PARCEL BELOW A DEPTH OF 500 FEET AND TO PRODUCEt INJECT # STOREs AND REMOVE FROM AND THROUGH SUCH WELLS OR WORKS OIL# GASo WATER AND OTHER SUBSTANCES OF WHATEVER NATWREt INCLUDING THE RIGHT TO PERFORM ANY AND ALL OPERATIONS DEEMED NECESSARY OR CONVENIENT FOR THE EXERCISE OF SUCH RIGHTS* .......�.......................*.:::::::.::::::::::.:::::::::.:::::::::::::::::::::::::::::: :::::: :::::::::::::::::::::::::::::::::*.:::.:,:::,::::::::::::::.:.::::::::::::::::::::::::::::::::::::XXXXXXX --- - . ....... ......... . ,, -.... �-. ... .......��, �..�:,� ...,.......IlllllllllllllllllllillillillillillilI ..... ..... ...... ------ ---�--- ......... .!Ils.. ...... ....i....... .... ----�:��il!!............. .. ... . ....!I... ...ii.........i��i....i�.....,............iiii��.....- .........m..�..... :-..� m.. 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I . — ,c- - '....."'.....". -----,- .......�.o....-.m...-P...�..,..n 1 111111 ill: ;N��**.......-**....--�......".............*......-.,........*.........-.*,...................*......*.....--*.......-**......--**.......---**......**...-**.......--�.......-**.,......�......*,........--*% .. ;:;i;:;i;:;i;i;i;i;i;i;i;:;i�i;i;i;i;i;!;i;i;i;i;i;i;i;i;i;;;i�����������������������������������������������������������iiiiiii ** ***I���i ..................ii.............".**. .......... .. .... III!I!II!I!I -------------- .......... ,6i.......... �iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii CLTA 1 7.8 (4-10.69) / (y (6-71) / 0 ly ALTA OR STANDARD COVERAGE INDORSEMENT ATTACHED TO POLICY NO. 505821 ISSUED BY Title Insurance and Trust Company P Y 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. AND Otis PL 11 400 O , �` r J Title Insurance and Trust Comfy Jm ByAfG �-- ELF * SECRETARY 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 at its own cost to institute and prosecute this policy shall in no case exceed, in all; 9. SUBROGATION UPON PAYMENT OR 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 mort- rogation shall vest in the Company un- (b) The Company will pay, in addition affected by any act of the Insured, and it gage any insured;p appropriate the action underpthe termany s to any loss insured against by this policy, shall be subrogated to and be entitled to y PP P all costs imposed upon the Insured in liti- of this polity whether or not it. shall be gation carried on by the Company for the all rights and remedies'which the Insured liable thereunder and shall not thereby would have had against any person or prop- Insured, and all costs and attorneys' fees in ' concede liability or waive any provision of litigation carried on by the Insured with erty in respect to such claim had this policy this policy, f e Company. not been issued. If the payment does not (d) In all cases where this policy per the writtenauthorization o the cover the loss of the Insured, the Company mits or requires the Company to prosecute -(c) No claim for damages shallarise 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 sured, 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- pang the Insured shall give the Company the Insured in settling any claim or suit ceed 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 payments under this policy, ex name of the Insured in any tranSremedaction s. ACTION cept payments made for costs, attorneys' litigation involving such rights or remedies. In addition to the notices required under fees and expenses, shall reduce the amount If the Insured is the owner of the in- 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 the estate 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 after such an indebtedness secured by a mortgage lateral security c for the indebtedness, pro- statement shall have been furnished, and shown in Schedule B is an Insured herein vided such act does not result in any loss no recovery shall be had by the Insured then such payments shall not reduce pro of priority of the lien of the mortgage. 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 day 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 an the mortgage covered time hereinbefore specified, shall beacon- voluntary satisfaction or release by the'In- this policy or the title of the estate or by clusive bar against maintenance by the In- sured of a mortgage covered by this policy' by thisest insured herein roust be based on sured of any action under this policy. shall terminate all liability of the Company the provisions of this policy. 6. OPTION TO PAY, SETTLE OR COMPRO. se the insured owner of the indebtedness No provision or condition of this olio MISE CLAIMS secured by such mortgage, except as pro- P policy 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 pay or settle or compromise for or in the (e) When liability has been definitely by the President, a Vice President, the a fixed in accordance with the conditions of name of the Insured any claim insured this policy the loss or damage shall be pay- Secretary, an Assistant Secretary or other against or to pay the full amount of this able within.thirty days thereafter . validating officer of the'Company. . policy, or, in case loss is claimed under this 11. NOTICES, WHERE SENT policy by the owner of the indebtedness secured by a mortgage'covered by this B. LIABILITY NONCUMULATIVE All notices required-to be given the Com- policy,'the Company shall have the option It is expressly understood that the pany and any statement in writing required to purchase said indebtedness; such pur. amount of this policy is reduced by any to be furnished the Company shall be ad- 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,California 90051. which the Company is obligated hereunder Schedule B hereof or any mortgage here- 12. THE PREMIUM "SPECIFIED IN SCHEDULE to pay, shall terminate 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.