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HomeMy WebLinkAbout1988-07-13 - Grant MOLA DEV CORP : `RECORDING REQUESTED BY — S O s RECORDING REQUESTED BY AND WHEN RECORDED MAIL TO FIRST AMERICAN TITLE INS. CO. RECORDED IN OFFICIAL RECORDS r OF ORANGE COUNTY,CALIFORNIA Nome City of Huntington Beach 2000 Main.Street PM NOV 11988 St Huntington Beach, CA 92648 City State L Attn: City Clerk J Q counm State � � / �(,, RECORDER MAIL TAX STATEMENTS TO 7 XEMPT Name Street same as above C'.4 Address City 3 state L_ Fnee Recon.ding requested' pu.n,6uant to Section 6103 1qN01 D - bt3 oA thj,/- EI'�Bt7V'E 'MISQAE•FOR RECORDER'S Corporation Grant Deed 70 1921 CA c l z-gal THIS FORM FURNISHED BY TICOR TITLE INSURERS A P N ID, The undersigned grantor(s) declare(s): Documentary transfer tax is S :Na tax due rpu&zuanx to. P,evenue 6 Taxation Code 11922 . ( ) computed on full value of property conveyed, or ( computed on full value less value of liens and encumbrances remaining at time of sale. ( ) Unincorporated area: ( 4 City of Huntington Beach , and FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, MOLA DEVELOPMENT CORPORATION, a corporation organized under the laws of the State of California hereby GRANTS to sue. THE CITY OF HUNTINGTON BEACH REDEVELOPMENT AGENCY J the following described real property in the City of Huntington Beach County of Orange , State of California: 0 Lots 38 and 39 in Block 403 of Huntington Beach Main Street f\ Section, in the City of Huntington Beach, County of Orange, O as per map recorded in Book 3, Page 43 of Miscellaneous Maps, in the office of County Recorder of said County. Tax-Exempt-Government Agency City Of Huntington Beach This document is solely for the Allais M. ftentworth official business of the City City Clark of Huntington Beach, as contem— APPIE'O,LD IkS TO FORM:! plated under Government Code -------------- n_ GAIL iR TOZI B� Sec. 6103 and should be recorded CITY A" 'OPNEY Deputy ity Clerk free of chn.rne. B yr. D'k atY :ty Attorr.P In Witness Whereof, said corporation has caused its corporate name a d seal to be affixed hereto and this instru- ment to be executed by it president an Secretary thereunto duly authorized. Dated: July 13, 1988 MOLA E LOPMENT ORPORATION STATE OF CALIFORNIA COUNTY OF ORANGE } SS. By uly 13, 19 On J 88 before me, the under- Fra la President signed, a Notary Public in and for said State, personally appeared By eter E. von El ten Secretary Frank J. Mola known to me to be the President, and Peter E. von Elten known to me to be Secretary of the Corporation that executed the within Instrument, known to me to be the persons who executed the E►� OFFICIAL SEAL r within Instru Tit on behalf of the Corporation therein named, and ...... SHIRLEY MYERS acknowledged o me that such Corporation executed the within Instru met pursuan o its by-laws or a resolution of its board of directors. te, " r , NOTARY PUBLIC-CALIFORNIA i>® PRINCIPAL OFFICE IN f ° ' ORANGE COUNTY WITNESS Ity nd`and official se 1. C�1,iORA,T My Commission Exp.July 12, 1991 Signature0 f 1,. (This area for official notarial seal) Title Order No. Escrow or Loan No. MAIL TAX STATEMENTS AS DIRECTED ABOVE $8-562250 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 July 13,1988 from Mola Development Corporation to the City of Huntington Beach., a municipal corporation, is hereby accepted by th undersigned officer or agent on behalf of the City Council of the- CITY OF HUNTINGTON BEACH, pursuant to the authority conferred by Resolution No. 3537 of the City Council of the City of Huntington Beach adopted- on August 7, 1972, and the grantee consents to the recordation thereof by its duly authorized officer. Dated : October 28, 1988 CITY OF HUNTINGTON BEACH Connie Brockway CityClerk' By: �rZ.1 S A M`E R I First American Title Insurance Company b 114 EAST FIFTH STREET, (P. 0. BOX 267)SANTA ANA,CALIFORNIA 92702 (714) 558-3211 I W Insurance Policy No. 1417`41,4 0 NOTE: THIS CONTAINS IMPORTANT INFORMATION ABOUT THE REAL ESTATE TRANSACTION YOU HAVE JUST COMPLETED. READ IT AND RETAIN IT WITH YOUR OTHER VALUABLE PAPERS PERTAINING TO THE PROPERTY. The new home or other real estate you have purchased is pro- tected with a policy of title insurance issued by First American Title Insurance Company. This is your guarantee of ownership. We have assigned the above number to your records to assure prompt processing of future title orders involving the property. If you sell or obtain a loan on this property within two years, FIRST AMERICAN TITLE WILL REDUCE THE USUAL POLICY RATE 20 per cent. To obtain this SAVINGS, it will be necessary for you to inform the real estate agent and/or escrow holder handling further trans- actions that such policies of title insurance as are required should be issued by First American Title, and you must request the escrow officer to forward this letter to us with the order for title insurance. We appreciate the opportunity of serving you and will be glad to assist you in any way, remembering that PROTECTION OF YOUR PROPERTY IS YOUR FIRST CONSIDERATION --- AND OURS. A. W. (Buz) Smith Regional Vice President County Manager No. 1083 Form No.1340(6/87) ALTA Plain Language Policy 4�S 'f A MERIT, ti 9 First American Title Insurance Company RESIDENTIAL TITLE INSURANCE POLICY One-To-Four Family Residences OWNER'S INFORMATION SHEET Your Title Insurance Policy is a legal contract between you and First American Title Insurance Company. It applies only to a one-to-four residential lot or condominium unit.If your land is not either of these, contact us immediately. The Policy insures you against certain risks to your land title.These risks are listed on page one of the Policy.The Policy is limited by: • Exclusions on page 2. • Exceptions on Schedule B • Conditions on pages 2 and 3 You should keep the Policy even if you transfer the title to your land. If you want to make a claim, see Item 3 under Conditions on page 2. You do not owe any more premiums for the Policy. This sheet is not your insurance Policy. It is only a brief outline of some of the important Policy features.The Policy explains in detail your rights and obligations and our rights and obligations. Since the Policy—and not this sheet—is the legal document, YOU SHOULD READ THE POLICY VERY CAREFULLY. If you have any questions about your Policy,contact: First American Title Insurance Company POST OFFICE BOX 267 '� SANTAANA, CALIFORNIA 92702 First American Title Insurance Company RESIDENTIAL TITLE INSURANCE POLICY One-To-Four Family Residences TABLE OF CONTENTS Page OWNER'S wVERAGE STATEMENT 1 COVERED TITLE RISKS 1 COMPANY'S DUTY TO DEFEND AGAINST COURT CASES 1 SCHEDULE A Policy Number, Date and Amount 1. Name of Insured 2. Interest in Land Covered 3. Description of the Land SCHEDULE B—EXCEPTIONS EXCLUSIONS 2 CONDITIONS 1. Definitions 2 2. Continuation of Coverage 2 3. How to Make a Claim 2 4. Our Choices When You Notify Us of a Claim 3 5. Handling a Claim or Court Case 3 6. Limitation of the Company's Liability 3 7. Transfer of Your Rights 3 8. Arbitration 3 9. Our Liability is Limited to This Policy 3 ' 1 S� AMERj xm ALTA PLAIN LANGUAGE OR-1484070 POLICY (RESIDENTIAL) (1987) SCHEDULE A TOTAL FEE FOR TITLE SEARCH, EXAMINATION AND TITLE INSURANCE $817.50 POLICY AMOUNT: $300, 000. 00 POLICY DATE: NOVEMBER 1, 1988 AT 4: 00 P.M. 1. NAME OF INSURED: THE CITY OF HUNTINGTON BEACH REDEVELOPMENT AGENCY. 2 . YOUR INTEREST IN THE LAND COVERED BY THIS POLICY IS: A FEE. 3 . THE LAND REFERRED TO IN THIS POLICY IS DESCRIBED AS FOLLOWS: (SEE ATTACHED EXHIBIT "A") . PAGE Al A M E R a ! x R ALTAAPLAIN LANGUAGE OR-1484070 POLICY (RESIDENTIAL) (1987) SCHEDULE B EXCEPTIONS IN ADDITION TO THE EXCLUSIONS, YOU ARE NOT INSURED AGAINST LOSS, COSTS, ATTORNEYS' FEES, AND EXPENSES RESULTING FROM: PART 1: 1. ANY RIGHTS, INTERESTS, OR CLAIMS OF PARTIES IN POSSESSION OF THE LAND NOT SHOWN BY THE PUBLIC RECORDS. 2. ANY EASEMENTS OR LIENS NOT SHOWN BY THE PUBLIC RECORDS. THIS DOES NOT LIMIT THE LIEN COVERAGE IN ITEM 8 OF COVERED TITLE RISKS. 3 . ANY FACTS ABOUT THE LAND WHICH A CORRECT SURVEY WOULD DISCLOSE AND WHICH ARE NOT SHOWN BY THE PUBLIC RECORDS. THIS DOES NOT LIMIT THE FORCED REMOVAL COVERAGE IN ITEM 12 OF COVERED TITLE RISKS. 4 . ANY WATER RIGHTS OR CLAIMS OR TITLE TO WATER IN OR UNDER THE LAND. PART 2 : 1. SECOND INSTALLMENT GENERAL AND SPECIAL TAXES FOR THE FISCAL YEAR 1988-1989, AMOUNT $1, 675.53; CODE AREA 04-035, A. P. NO. 024-134-02. 2. THE LIEN OF SUPPLEMENTAL TAXES ASSESSED PURSUANT TO CHAPTER 3 .5 COMMENCING WITH SECTION 75 OF THE CALIFORNIA REVENUE AND TAXATION CODE. 3 . AN EASEMENT AS SET FORTH IN AN INSTRUMENT RECORDED MARCH 22, 1974 IN BOOK 11100, PAGE 1998 OF OFFICIAL RECORDS, FOR: AN EASEMENT FOR STREET, PUBLIC UTILITY AND INCIDENTAL PURPOSES. OVER: THE EAST 2.50 FEET OF LOTS 38 AND 39 OF BLOCK 403 OF HUNTINGTON BEACH MAIN STREET SECTION AS SHOWN ON A.MAP RECORDED IN BOOK 3, PAGE 43 MISCELLANEOUS MAPS RECORDS OF SAID COUNTY. PAGE A2 �S C � • ALTA PLAIN LANGUAGE OR-1484070 POLICY (RESIDENTIAL) (1987) 4. AN EASEMENT AS SET FORTH IN AN INSTRUMENT RECORDED JULY 17, 1974 IN BOOK 11197, PAGE 1956 OF OFFICIAL RECORDS, FOR: AN EASEMENT FOR STREET, PUBLIC UTILITY AND INCIDENTAL PURPOSES. OVER: THE EAST 2.50 FEET OF LOTS 38 AND 39 OF BLOCK 403 OF HUNTINGTON BEACH MAIN STREET SECTION AS SHOWN ON A MAP RECORDED IN BOOK 3, PAGE 43 MISCELLANEOUS MAPS, RECORDS OF SAID COUNTY. PAGE A3 S C A N1ER � orcmai ALTA PLAIN LANGUAGE OR-1484070 POLICY (RESIDENTIAL) (1987) EXHIBIT "All- ALL THAT CERTAIN LAND SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF ORANGE, CITY OF HUNTINGTON BEACH, DESCRIBED AS FOLLOWS: LOTS 38 AND 39 IN BLOCK 403 OF HUNTINGTON BEACH, MAIN STREET SECTION, AS SHOWN ON A MAP RECORDED IN BOOK 3, PAGE 43 OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA. MC PAGE A4 09 v f00 � 1 I Fe► 24-13 $ACACIA AVENUE °y �r. q ns.e' u nt A rs' zzzr q4" " M 9 17 19 i y 20 1 h y 21 17 i, .r• 5 C/V/C h�+, 6 505 P A, 8 /"=/00' O CV I (ABAN0. e w Q b PECAN (MA6NOL/A AVE) AO SrI s •q i Q� M1 5 9 • G — b �R 0 CENTER 4 —72 II h , 13 N 405 N 2 g 14 I " --- N iI f• ( iix i' N I q to ---- N 19 .. I I / A 4 15 Z M 75' I f 3 •ti f8' sto' oa' N / h 7s' zs N so' n ORANGE AVEAVE \ NOTE — ASSESSORS BLOCK 9 ASSESSORS MAP MARCH /948 HUNT/IS/GTON BEACH, MAIN sr SEG M. M. 3-43 PARCEL NUMBERS BOOK24 PAGE /3 14 SHOWN /N CIRCLES, COUNTY OF ORANGE � 1 8.7 - a I`list Afflenctll, I lilt 'dUlllpisu• f,,s Map 1s tw information Gnlu and i! Not a Tract of ini Title Eviaenuw ' ; A. � Form No.1341 (6/87) ® - Policy Page 1 ALTA Plain Language Policy = =� s s s POLICY Our TITLE INSURANCE IIAX AMER ,c�41 % ISSUED BY : First American Title Insurance Company p y RESIDENTIAL TITLE INSURANCE One-To-Four Family Residences .e OWNER'S COVERAGE STATEMENT This policy insures yourtitle to the land described in Schedule A We insure you against actual loss resulting from: if that land is a one-to-four family residential lot or con- • any title risks covered by this Policy — up to the dominium unit. Policy Amount Your insurance, as described in this Coverage Statement, is and �,y effective on the Policy Date shown in Schedule A • any costs,attorneys'fees and expenses we have to pay Your insurance is limited by the following: under this Policy tc • Exclusions on page 2 • Exceptions in Schedule B • Conditions on pages 2 and 3 COVERED TITLE RISKS , This Policy covers the following title risks, if they affect your title on the Policy Date. c� 1. Someone else owns an interest in your title. and material furnished before the Policy Date—unless you 2. A document is not properly signed,sealed,acknowledged, agreed to pay for the labor and material. or delivered. 9. Others have rights arising out of leases,contracts,or options. " 3. Forgery, fraud, duress, incompetency, incapacity or 10. Someone else has an easement on your land. " impersonation. 11. Your title is unmarketable, which allows another person to 4. Defective recording of any document. refuse to perform a contract to purchase,to lease or to make a 5. You do not have any legal right of access to and from mortgage loan. the land. 12. You are forced to remove your existing structure— other 6. There are restrictive covenants limiting your use of the land. than a boundary wall or fence— because: it extends on t land r n to an easement 7. There is a lien on your title because of: e e ds o adjoining a d o o y • a mortgage or deed of trust • it violates a restriction shown in Schedule B • a judgment,tax,or special assessment • it violates an existing zoning law • a charge by a homeowner's or condominium 13. You cannot use the land because use as a single-family ° association residence violates a restriction shown in Schedule B or an 8. There are liens on your title,arising now or later,for labor existing zoning law. 14. Other defects, liens, or encumbrances. COMPANY'S DUTY TO DEFEND AGAINST COURT CASES t We will defend your title in any court case as to that part of the case that is based on a Covered Title Risk insured against by this Policy. We will pay the costs, attorneys'fees, and expenses we incur in that defense. We can end this duty to defend your title by exercising any of our options listed in Item 4 of the Conditions. This Policy is not complete without Schedules A and B. First American Title Insurance Company ' � y �qa BY PRESIDENT J 285266 5 n 6 Lbb n ATTEST �,�.,. C. )�,�.r SECRETARY . ' t .F rF,.�v'"Y. fie X?"+'fi 'a. .�; ...e di'vi d y,+r � rre* t.Y�.n,. - 'M1 r,Y fi'F- "rr,•p' , 'r r City g of Huntington Beach INTER-DEPARTMENT COMMMUNICATION HUNTINGTM BEACH TO: Connie Brockway, City Clerk FROM: Amy J. Bodek, Real Estate Services Manager _.. SUBJECT: Policy of Title Insurance—438 Main Street li DATE: June 11, 2002 In accordance with your request for clarification,the Policy of Title Insurance I forwarded to your office on June 3, 2002, should be filed with the original deed (Deed #5011), dated 7/13/1988, as recorded on 11/1/1988 as County Document 88562250. The Policy of Title Insurance should have been provided to your office in 1988 when the property was purchased. In answer to o urquest qu estions: - 1). The file can remain inactive, 2). The property is owned by the Redevelopment Agency (RDA). Typically, a Policy of Title Insurance does not require City Attorney's approval to form. Scott Field confirmed that their office does not approve to form Policy of Title Insurance. 3 There is an existinglease for 438 Main with A-Creative Property Management. That p Y 9 lease expired June 5, 2002. The lease automatically coverts to a month-to-month tenancyonce the lease expires, which does not require City Council action. The tenancy cY p q tY remains on a month-to-month basis until such time as staff either terminates the tenancy or renegotiates a new lease, which would then require City Council authorization. If you have any further questions, please do not hesitate to contact me at extension 5445. Thank you. ill 3/a Z - -� • J� City of Huntington Beach P.O. Box 190 - 2000 Main Street Huntington Beach, California 92648 HUNTINGTON BEACH www.ci.huntington-beach.ca.us From the desk of: Connie Brockway, CMC City Clerk Telephone: (714) 536-5404 Fax: ( 4-1557 `�U� 0 2002 BY: 14 C4�r7 d 1CA G re c ohs ern ,{h e C. / Ct-Uk 3 O ®1d -ej-e !h�'--y ss7e i;c SAcv 4/ lw* 1/r!J e_ 43 1'now h*Le i#4 so 6r �'. , �r dt r�err,.. �fv �►P, c Ci of Huntington Beach INTER-DEPARTMENT COMMMUNICATION HUNTINGTON-BEACH TO: Connie Brockway, City Clerk r FROM: Amy J. Bodek, Real Estate Services Manager tdgA� SUBJECT: Policy of Title Insurance 438 Main Street DATE: June 3, 2002 Please find attached an original copy of the Policy of Title Insurance for 438 Main Street. Please make arrangements to file this Policy of Title in the City's official records as they relate to this address. The following information may assist you in filing this information: Property: 438 Main Street Owner: Redevelopment Agency of the City of Huntington Beach Date Acquired: November 1, 1988 The Real Estate Services Division has retained a copy of the Policy of Title Insurance for its files. if you have any questions, please do not hesitate to contact me at extension 5445. Thank you.