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`f `� ' t L ` ABTWFEN 3YLVIA b. SHANDRICK, Jt�MES s r%>' , ; , 1, K i 4'r,4
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� . I ` ks. i 't and between OF THB CITY OF HUNTINGTON BEACH, California, a 1 'r, " +ii (aj ;' {� z
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,, 1I.! ,,• 't4 ' , ` .,�+r':' municipal corporation ( "DUXER" ) , anr3 SYTtVIA S. SHANDRICK, JAME5 A. ?" Y;j ` r �'*�t I• �, t t .t>
• �, ;' +, SHANDRICK, SHAAON C. SHANDRICK ( "SELLER" ) , for the purchase by �;t1,'), ,i}`,� - art 'Tf r
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��t(.L; Ii)1 Z' f 6'31 f}, .-s r,l+ ' $DYER of certain real propert . r,' ; �rtr''r�, `r. �zr}{ ,
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!��f f'S dart 1, � i� ,r1 Whereas, SEIJLER is the owner, in fee, of certain real property rr. .I .r r, � 1t .','�
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'• i-!1:!` >- ' -r.,�t! -_ l ,,, d3, a per map er.:, ded in Boo ,, pa ,,� .r j` V.
s Lot it, Black ;t s r r k ,ge fir} r ,
". / ' "'y, ` ; ;� '►�t`�l�t E � , o£ Miscellaneous Maps, in the Office of the County Recorder : . ., z;
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t ,„i � ll��It k r` r ,� 4 , BUYER desires to purchase said property for cash end SELLER .' Vt `"5=
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1� `, i'-,,,I °is 1-<<! `�zt,I I ; desires to sell property f:o the BUYER: 1' ,• 4lr
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'' t� $;mac ' r,'rtif . tr NOW THEREFORE, ':he parti�r� agree as follows: � ,,�'rPrr1'?4ft�'
,,, }' pt(;:J jfrr. r 1. PURCH.1aE P:<ICE. The urLhasp n �•'1
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is one hundred sixty five thousand and no/100 dollars ( 165,000) . �1'
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in conformance therewith as a..tached hereto and iitcorporated�( ,
r%... ' S'ii `h,'i,.(t a M' "�+``��` herein by this reference as a :f.4_ .. ^ �'.' '1•. , '' .,
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1 r r b Delivery of California Land I tle Association (CLTA)
.t�title insurance policy in the amount of the full purchase price , ' ;# <�~
rj i, 1 r t y
t�l�.•a �lr , 1 ,
'rl rrl ls�y, subject only to such �.iens encumbrances clouds or conditions ae
3}59'I-P
writing by the city Attorney. ja�-;', ts;,
may be approved
in
Jr rt r.=r l r'\/a s [ `r\ � JI} t pS
V: �. �: �»i c. Delivery of possession of said grope_ty to BUYER ar ,
s iy H
• i •�VV
its nominee, Immediately on close of escrow, free and clear of all
0 1 1 '
)
tt „,',�+t,r' '+ icy'• uses and occupancies except as BUYER stay agree in writing .
of the cC tditions
Y ,wtlr ♦ , � !!
Q. FAILURE OF CONDITIONS . Should any
v
specified in Paragraph 3 of thin. Agreement fail to occur within
thirty (30) days after the date hereof , BUYER shall have the
=J'},,it'y �•, t`(;.�,° ,�;ft., �tiK• 'Z(>`.i'� power, exercisable by BUYER to give written notice to the escrow
+
,, s ¢ y� •p�,,t"irr f,,_ .,:fj'v holder and''lo BELLER to cancel such iePcro
,x w, terminate this
T.St +C
Jt' S1) r SR�t Y,-C•l y ' rtf t.
p `j�•k� • Agreement and . recover any amounts paid tc escrow holder tan account
�i +a
' of the purchase .!arise of said property .
The escro�t holder shall
r ,ti r r
4, be, and is hereby, irrevocably instructed BY BUYER onany such 1
t., Failure of conditions and receipt of ouch notice From BUYER to
y��lt1l yf Y J tr!�,r1 VJ•
immediately refund to BUYER all monies and instruments deposited
by him in escrow rpursuant t�i this Agreement at BUYER's option only. L
6. PRORATIONS, Insurance, Insurance Premiums, and
Possessory Interest Tax. There shall be prorated between SELLER
and BUYER on the basis of thirty (30) day months as of 12 :00
} t
',•;' aY �� midnight Pacific Standard Time on the date of the close o escrow
}
pursuant to this contract :
Z ri r 1
aA �il.
a. Rea3 property taxes levied or assessed agailzst said
dry.
property ( including any grater tax ar water rate levied against
f4j1�,
{, said property for the furnishing of water thereto) as shown on the
late e b
• } latest available tax bills. The Cou��t.y of Orange y law will
a
refund all tax paid by SELLER covering periods subsequent to title
_2_
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u
,1tpk
vesting in BUYER. "s
L
,w b. Premiums on insurance policies acceptable to BUYER
` t 1,17 11,E _
insurjng the improvemenIs and bui ldinga, if any, on said property
,
vl >
against damage or destruction by fire, theft, or the elements . J tsrS '
-�T,.,r 1r. fy
tt:l t
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Any bonds or improvement
4 7 . BONGS AND ASSESSMENTS .
r,•1� t{ 11,t r ! �' jlj � J� ♦ r' It � r a :t
claAe
assessments which an
a lien on said property shall, an `� y
•'''. _S9jt I-r
escrow, to paid by SELLER, except those liens imposed by, tl City '
= edevelo ment Agency of the C•' ty of � �• „ :"
:''` U` ;luntington Beach or 4he R p
t;
jr tt£ ,: r} Huntington Beach.
t tT N f�•�''Tt7• �.r. \ ' '
8 . BROKER'S COMMISSIONS ATTORNEX 'S FEES. Any and all
�'Gysl t.r�,•tC!'"'f-1s2ff` + '.`� Iif ��' ( .
s_. firide f. es or commissions due to real. estate or other brokers
' + tlr'� r °;'_ r.,>;t5 trl• f this sale of said property.S',.
and all attorney s fees as a reault o
shall be paid by SELLER.
the escrow
g EXPEIZRES OF ESCROW. The fol_ow;,;.g expenses of h
rjlz� E
described in this Article shell be paid by BUYER:
a. The full cost of securing the title insurance policy rf
;r
I ' `' r' described in this Agreement.
he cost of reparing, executing f and acknowledging
b P T
r t. .
.,► .,, any deeds or other inshruments required to convey title to BUYER
'i r deacr ibed in whys Agreement
Or hit nominees -An the taanne •
c. The cost af, recording a grant deed 'required to t
�r{ convey title to said property to BUYER or his nominees as
;' r,.i{�' cry�.a. l+ ^ '. •�..
descrihed in this Agreement.
d. ny escrow fee charged by the escrow balder is
addition to the cost of the title insurance policy.
�
10. - OWNER'S REPRESENTATIONS, COVENANTS AND WARRANTIES. As an
express condition prt,:ed6nt to the Close of Escrow for BUYERS '
7.
t benefit, and in addition to any other representations, covenar.cs
-3_ T;
,',.
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r', '•7•f'{,.7 !r w ia�1K..kt _ w,r��.)• f1r ��.( �.H:I •: :-) 1�� 1 j?,��...Yr S ,•J'µ�.
, Ord Y a{.•. Jr '..�.,.
ra8tx n1 ty•Fhir 3 �J-'A ;�
1,f1 ,ty� nt
Lfl`g�IY1 r.' ,h '•'� L �f,J�''r � � r, ,1•;,i
and warranties contained in A reeirer t, SELLER rakes the
r
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following g representations and warranties, each of which is true in +
all respects as of the date of this tireement, and shall be truE
in all re,gpects as of the closing date (as delini ed in the Escrow,
instructions) :
,
This ,,.n&ig
Authority to Arnement and all the
45 -
r f
q 1 , r, f
documents executed by the SELLER that are to be delivered to the
BUYER at closing are, and aL the closing will be, duly authorized,
• 2r 1 ;•(!
�^ ,. executed and delivered to the AUYERI are, and at the closing will
a p
rsjj4t ..jXFC)
• 4,, , r r,3 �_u, , !}, r be, to _he est of the SELLER'S kn
'' •b 1ALER' orvledg�, st•fficient to convoy _
1tts'7k(;9?ri1
mqtitle i� the y purport to do sol and do not, nd at, the closing
..will not, to the best of SELLER 'S knowledge, violate any
•
tel
„ Provisions of any agreement to which the SELLER is a '�
a •• f... .�,�t�' party• or to
.r k
wJ1o+ �1 �,� r, ; which GELLER is suLject, including without limitations, any prior
,
opt ions,7purchase agreemenL•a anti/or escrow instruc:tiona .
ti ti t r
, af,
`Gy1 It7.1 fi�Z
1 , Sh �.. •(r , 1, �J ti4
c e wil
b. Existing Contracts losing, there l be
s Exist _ - , At the
,c}Atr ,/� �,4�. no outstanding contracts made by the SELLER for any improvements
to the property that have not been fully paid, and the SELLER
shall cause to be dJscharged (in such a planner that the Title '
Company will not show. the .lien( s) as an exception(s) to title
undo r the Title Policy) , all mechanical or mat '
4,A.+t erialmen s liens
arising From any labor or materials iornished to the property '
a o
prior to the closing..
ce Title. SELLER has, and will convey to BUYER, good
and marketable fee simple title to the property free and clear of
• p•",4t i t�..�
1?tit
1,= all liens, encumbrances, claims,, rights, demands, easements,
leases, licenses, agreements, covenants, conditions, and
S restrictions of rn kind or cha`itacter (includingwi hout limitin t
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� ,..: - _, .. ...t .., par .•�', �t'.�•t_<..J,�(�.,= �J` v. �C. 'aa.-G• '•�#}#r-pF,./1 �T.Y� . ly'�t t 'y t�•, .�
7�f^',I��j'� . � t ,. '� rt..,j• �,�.� •.:_:Ll.11r ...1J'!jJ•1::..`�i I�.:��.a 1..r1..!i...i: ..L w..'L�s::+ , -:f
r _
J ��iiTT
��,' �' ' '�;'1a t ,, ;•.+ � � ,act [� !'r1 �'�_�1.t
the generality of the foregoing, liens or claims for taxes,
G t' (". �1+t` �t .� ',rrr4♦ mortgages, conditional sales contracts or other title retention uSt�,, ;
t j1 �raryrr P ,Jar 'c>fr ask tc j,v`
t�?'rsl�yf,'r�� �; agreements, deeds of tru3tr decurity agreements and pledges) „ S
` r '• ,,n .;fir r , except for those exceptions to title shown in the assessor l e
parcel number 024-148-19 Litigation Guarantee as item 3 & 9
ff r .t t' � a },(� rr � r}(S ,:. : 'r , rl. �i#. }c i�r4•:�
attached hereto as Exhibit "B" dated, December 3�„ 1986 which shah
1 = ; , + ;= t ! be replaced by a title insurance as provided hereitiabove during
,.r
ty li1 r.S7 t •1c� V t•,, ay. � Ts, :r �y� i esnrow hereof. SELLER shall not encumber, rlodi£, or diminish
title to all, or any portion of or interest in, the property
gyp}• , Without BUYER'S wrt,tten consent.
vi
d. Litigation . SELLER is not involved in, nor does'
a r�.I j.��i Ali/ �t,tf
»,Gsf . ,_. SELLER have knowledge of , any claim, proceeding or threatened
t� n�{"•'�,Y�,IT<'�,"} tr('�tLr�fr t~'�i ' f
litigation, administrative nr governmental proceeding or
inT/estigation, relating to or otherwise affecting the property or
t- 1�1t3t r ya1�"N
'k, , the ability of SELLER to deliver good and marketable fee sample
title to the property to BUYER.
�rlw`'y'F�1;o °_:!/rU f1.����g7'i'i}kit ., •.0
e. Tenants . There are no tenants on the property
except those apFroved in writing by BUYER,
' �+`:;��►�:' f. Hazardous Waste. Neither SELLER nor, to the best of
SELLER's knowledge, any previous owner, tenant, occupant or user '
of the Property used, generated , released, discharged, stored or
' 1~ dispused of any hazardous waste, toxic substan^es or related
materials ("Hazardous Materials") on, under, in or about the
WW ''THY Property, or tranaported any hazardous Materials to or from the
r
Property . SELLER shall not cause or permit the presence ,
use,generation, relear,^.r discharge, storage or disposal of any .h
Hazardous Materials on, under , in or about, or the transportation
of any Hazardous Materials to or from, the Property. The term
5 t :
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"zazardous Material " shall mean any nubstance, material, or want,e
"W�,. ! which is or becomes regulated by any local governmental author3t� 't,�' �����iiq��
w_- , l 1 • / tiF)Eh E i ,+..r7i: } fr;� it•� t::{ .
the State of California, or the United Statea Government,
rnment,
Ii,x 1
including , but not limited to an naterial or substance which is x, � . ,!
u •:r lr yea. •�1rJ ,,".i�, A r
( i ) defined as a "hazardous waste, " "extremely hazardous waste" or ;t, "�a �y° s • ' . '
�.`� l'�+k`/ �r�` +�;`•. "restricted hazardous waste" under Sections 25115 25117 or
25122 .7 or listed pursuant to section
� p n ?.5140 of the California••i� "a� !J X , is �7 v u 't �1� r;L
r~•';p;t';7�,11 ~t�7 Health and Safety Code, Division 20, Chapter 6.5 (Hazardous Waste
L YA4A it ` } r,, •'t� ,s lix �i Control Law) , (ii) defined as a "hazardous substance" under
1W Section 25316 of the California Health acid Safety Code`, Division
41
•r��o+� 6 "�``` a 20 chapter 6 :
, p a (Carpenter-Presley-Tanner Hazardous Subsctance ►.A;
Account Act), (iii ) defined as a "hazardous masterial," "hazardous
' substance" or "hazardo��� waste" under Section 25501 of t',:e
California Health and safety Code, Division 20, Chapter 6 .95 �1
(Hazardous Materials Release Response Plane and Inventory) , (iv)
,,
defined as a "hazardous substance" n 5�._.�;,r�r �, , ,,;•r.,� ,h under section .2..281 of the
California Health and Safety Code, ^ `vision 20, Chapter 6.7
! (Underground Storage of Hazardous S betances) , (v) petroleum, ( vi)
aobdstos (vii) ,, polychlorinated hyphenyls, (vit'i) listed under
Article 9 or defined as "hazardous" or " ."
"extremely haza' �-
~si' pursuant to Article 11 of Title 22 of the Californiax
Administretiwe Code, Division 4, Chapter 20, (ix) designated a3 a
�'. "hazardous - substance" pursuant to section 311 of t,' e Clean Water
Act, ( 33 U.S.C. 51317) , (x) defined as a "hazardous waste"
pursua;•,t to Section 10A of the Resource Conservation and Recovery
a} Act, 42 U.S. C. S6901 et gel. (42 U.S.C. 56903 ) or (xi ) defined' as
L
a "hazardous substance" pursuant to Section 1.01 of the tt
Comprehensive Enviriumental• Response, Compensation, and Liability
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Act 92 . U.S .C. 55901 et
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5.9
Tk�e Property
Compliance _with Environmental Laws. �y i`{>1�'t!tr ,aMt � �, •,
• ••3LL;v �A: eY.% �,.t�a i7',,�.
' i�•t �iF � �X+ Lint tt tk ' '
z t •�,; _ kf ,�' and its intenders use complies with all applicable laws and .1�,,,
( 4 i, 7 a♦. t y 1
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governmental regulations including, without limitation, all
to air and
`� �► : e'�.L ��•' `' ' applicable federal, +Mate and local laws pertaining i'
t Lim u ft'1 1� 7 t l.r,� ►.
water quality, hazardous waste, waste disposal and other
but not limited to, the clean
environmental matters, including,
• f ,'! }, ' � t ,
1• �{ . /�� Water, Clean Air, Federal Water Pollution Control, Solid Waste
q bJ!S Jt i r i:l` W k t
1 „�t�IAt!`tiu'4ys3y J :ram( t ki r� �!
Disposal , Resource Conse.vation Recovery and Comprehensive
Environmental Response Compensation and Liability Acts, and the' California Environmental Quality Act, and the rules , regulations
1 .' i' ' yLr d x = and ordinances of the CJ.iy of Huntington Beach, the California
Department of Health Services, the Regional Water Quality Control
fate �9ater. Resources Control Hoard, the :w3ronmental I
.� Board, the S
Protection Agency and all applicable federal, state and local
` � r
L ; r,`�a agenc;'er and bureaus.
I
defend and hold '
' Y indemnity. Seller a hall idemnify,
4 ^�
BUYER hirmlese Erom and against any claim, actiion, suit,
proceeding, loss test, damage, liabilit1�, deficiency, Eire,
penalty, Punitive- damage or expense (including. without .
limitation, attorneys ' fees) , resulting from, arising out of, 'or
based upon ( i ) she presence, .,release, user generation, discharge,
storage or disposal of any Hazardous Materials on, under, in or
about, or the transportation of any suchmaterials to or ,from, the
Property, or (ii) the violation, or alleged 'violation, of
order, rule, regulation, permit, Judgment
snystatute. ordinance,
� or license relating to" the use, generation, release, disc liarge,
storage, disposal or transpertati.an of Hazardous Materials on,
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under, in or abc:'at, to ur from, the Property. This indemnity r4 ?strr E #4 1
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property dar,iage, comrensation for lost wages, business income, u
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" � gal. ,wr•�,JJ !. 1 ;. ' ; r�;` � .1 r«' ��'
the environment, nuisancep pollution, contamination, leak, spill, t :•
fJ
releaso 6r other adverse effect on t,-.e environment .
ff,i ''q{ A,TTORNEY'S FEES. In the event of any controversy, claim '
or dispute arising in out of or relating 5 to this Agreement or -the , f
escrow or any breach of either, the prevailing party shall be ►t
entitled to attorney 's fees .
r�rc t
12 . THREAT OF CONDEMNATION. The parties agree that the `1
y;�yt ( r� property being conveyed is under threat of condemnation by the
f• ^a°j? ' '`yS F BUYER. BUYER agrees to supply '9 pply SELLER with a letter evidencing its
,`, ,�^4� /t* yt►� intention to condejoi, f .r
13 NOTICES '
Any and all notices or other camr7unicattons
required or permitted by this Contract or by law to be served on ;fir
or given to either party hereto, BUYER or SELLER, by the other
party hereto, or by the escrow holder shall be in 'writing and
�' ' l .t ti4'• shall be deemed duly served and given when personally delivered to
,' ��� � ' any of the parties, BUYER or SELLER, to whom it is directed, or in
11I i
{^ lieu of such personal service when deposited in the United States
1
.: mail, first-.:lass postage prepaid, addressed to the
� parties at the
address shown below. SELLER may change his address for the
' purposes of this section by
giving written notice of such charge
h to the, BUYER in the manner provided in this section. +
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Sylvia S. Shandrick City of H<ntington Beach
James A. Sh&r.drick c/o Office of the City Attorney
. a1 R J ' Sharon C. Shandrick of the city- of Huntington Beach F!'�i,` �, ;4"
c/o James A. Shandrick P.O. Box 2740 J
#7 Pazzi Huntington Beach, CA 92647
( `F
Irvinej, CA 92714 �
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agreement between BUYER and SELLER respecting said property, And
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set Forth in this instrument isvoid.� r n null and
r 1 xt 7V�l EXECUTED on _CW' , 1968, at Q�sage County, y5 , � 4i
California.
�t�1' Ilrr:
'f1•,!�{ i4itl:rr`, ,# i SELLER:_ �c1�l�LT_ ,�iJ �•sGC-�-j BUYER;
'Xhe CITY OF HUNTINGTON BEACH;
51LV2A Se SHANDR_CK& A, .IA.r,Srrt%r a municipal corporationof the
"M= rrt �'r1�� I1f 0 t a t a of California
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MES . S AN RICK
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WTI EtARON C SHANDRICK Mayo
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AATTEST: APPROVED
' AS TO F `t '
City Clerk Li'City Attorney
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1 ! + RE ND ED: Ih IAT D AND A PR VF.D•
City Administrator Depu City Ad -inis' 'rator/
�Y` t Dire or of Community Devel4ment
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M PARCEL, i�i«16..3)•S�l._.,..,K.�_{.�4.t:Y ; 3� '?fj"��':,}�F,�jr�1�'{`� 1•.'} 1•� t rT �c'
RPORT Na; +s .r #' �,�• "}•,1!�� PRCJCCT; MAIN-PIER REDEVsE.tAP UTJ'A
`'"`!'�t`� hi
>:.,, '�"� AGhF.G1ENT FOR ACQ['XSITION Or REAL PROPERTY
(ESCROW INSTRUCTIONS) ; `} ►Dui 1 ��
day of , 198 by and � ` 1 xt ';• �Y'
'► 111IS AGREFMLIM i.a entered into this Y �
f�TINGTON EFJ►CtI, (hereinafter cane' Duyes"), at,d the
[ between the MY OF itUr
i� ><'': � z; ► � 1 undarsi.gned owner(n) (hereinafter called "Seller") for acquisixirn by Buyer of "* `
� y)� ,t ,
certeln real property hereinafter set forth.
[»,t i4 L
j� 3.7}/,� 1
IT IS t#ERCDY MUTUALLY AGREED II Ti.'EEN TILE P�iP.TIt'S AS FOLLOWS;
r T' 't .'+ Y' b1Yd��•17
1. AGIENP Tt?SELC,�`_AND PURCf#ASE. Senor agrees to sell to D'ayer, and Buyer �:t�F _ ;t!'•; l
a�'t 1 �f
agrees tc+ purchase from.Seller, upon the terse and for ttje consideration net forth �`:�, ?j4 ,,s M ,r'
r' I, Ltt�, %°� �y'�: in this .sgreextcnt, alb that "certain rent oroperty (hereinafter ca
lled �Sl'roperty") n •`t
situated in the City of I#UNTINGTON D County of ORANGE, Stew-. of Ct:lltorttin,
and legally described as follows:
' ` T SM EXHIBIT "A" ATTACHED :IERETO AND BY MIS RL' r-UNCE MADE AIMT ##EFEOF o�� ►{`� ^� - ��
c2 y ( TI
♦ .I..J47 {9L,�� `+ 'r+r{r.,y...�r"�•� _
Excepting and reserving all oil, hydrocarbon substances ana•minerals of every kind
and. character lying more than 500 feet below the surface of 3aid3 land, t•fZOthar
' with tho rigt:t to drill :into, through. and to use wid occupy allAparts of said land
1 !,•
` -t t` jFt lying more then SQO t',^et 6QloW the surface thereoffor any and all purposes
incidinto to the exploration for and production , of oil, ela'..q, hydrocarbon
F ` 1 � ��f`?;° substances or minerals from said or othrr lands but without, howaW�,, any right to
'' 4 use either._,. tlav surface of said land or any pardon of said land within 500 feet pf
J',,,.,•'.,,i` �, r``s}��q+'l i, ` the sui face'for any purpose or purposes uhsttsoovoe.
' '� r" '`"��' `' ` 2 PJRCIASE.- PRICE, The total purchase price, payable in c:.sh through escrow h' .
q,
shn11 be the sum of
" y
r� ONE 111INURED SIXTY FIVE THJUSAND AND NO/100. ... ... ... ....DOL LARS ,($165,009;00)
'M:" 3. CONVEYANCE OF TITLE Seller agrees to convey by Great Deed to Buyer
Ilin " marketable fee simple title to the Property free and clear of all record4d and
s, encumbrances, assessntents, easements, leases and taxes EXCEPT:
>
• �/r worded lien• unrecorded
`I +_ ;+,r '.•� `�� ,A. Tares 2nr1
Fiscal
•,r�, ;,_ A i- ublianlftility. Yeublic8alley, public street casements a ;
nd rights o£ Bay ,
f'w► 3"t► r � II. �Quas p 3 � P alley, P
of 'record
3,k of tl;c abavts numbered title r '
1 •
� 1.
C. Items numbered report '
j •� *� � � issued by FIR AM>+RICAtI 7'_T).1: INSURANCIa C�IPANY dated UCCEMHER`:z4, 1466 ;
D. NONE ,
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! '4. Ty.T'•.E I?#3URANCF POLICY. Escrow Agent shall, following .recording of ,deed:>„o •, •.
Buyer, ,provide Buyer with CLTA Standard Coverage Policy and Title Insuran^e in the
�t Sr amount of $.155 V0,00 _ , Issued by FIRST ME ICAN 1'T� L2 INSURANCE COMPANY
Yshowing the title to the property tested in Buyer, subject only to the exceptions
set fortis in , Paragraph 3 -
b. t p nco vita this Agreement
LSCROW. .' . -IIuyetr� agt�s to open an escrow in accorra
at, FIRST AMERICAN TITLE INSURANCE'COMPANY
#fi't• �' This . Agreement constitutes the joint escrow, instructions of Buyer and Seller, and `
Escrow Agent. to Whom theea instructions are delivered is hereby empowered to set
under 'this Agreement. The parties hereto agree to d►- all. acts necessary to close
i
Chic •es,�row 3n the shortest possible time. lk
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Page 1 of S
EXHIBIT A
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i i• s'.f!;:'- :'I` .r ,.y 'J' •�.,-' r• -1 tL .. f' 44 F�i.S rr. ��•t ;�y� F 'S'?l�t-K t�'•*.,
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" •� r a ' .'. ! .i�-: , r. , ,.,' '`.,,. ` f:; , ., else ,S ;r �,r�,y . : +� -�'• F{ -�/ - 'p
.fR,..;r - o ,r , �. '; ,..., - ••. •j yt t .',r:rl !1 )s) .� '' .i,J .:,. : �f; „ -'r 1- 'L: ` .? . ., .•' ", `C . ? l�/a+, �.
-
4• �•":.. .<. •, �^. H t4, 9L1v.J•'i. �.._'',+s _:._,Y . ....,,li•� f{!. rC.} f-+«�!'Jly' r-... .i tl r •• ',11":� � .,>�., ti. •'�Vl:t' 1`ta�i v`i ,�:a. t•': 'i�`._ ;,,
>,.. <. , lk' .:. ;-w '" ._.. ,..: .:. ri t rt•- L.t�.VM.t:..�..'..�.�1•: -,.j. �r 1., .1.d� 'w'�J�lh'�2..:L2. .....,:i y6 !..:1 �R1.• " 1 }
r1" F ii+ , i��x t ''� ,t :.�r�:a �..:!# t..,. �•,ctil.. ',ir, '�! S_.-:�it" �.�:sfi�l'�`'21...... �..-`7;: ' •«tom '``l::a><:..''�i:i3 t 't a r t t r « �•
1 s1,1r ,.• ' 3 - "S por�itithetsxecutededeed n,,r�. *�•t `4,
t + Seller has execute. banded a dew to Buyer, concu
As su5n us passible a �, opening of escrow, bu rr wil r-; I.
with C::rtificate of Acceptance attached, with Escrow Agent ur: Seller's behalf.
}.tt'�;!``., Buyer ugreer to deposit the purchase price. upon demsnJ of :crow Agent. Buyer may
V�
Seller.' agree to deposit with Escrow Agent any additions.. in..t rumuita as may be
neccorary to complete ibis transaction. � ` >; �rr''' .� '
;t 3tr';j �j ,sr Insurance policies for ftre or casualty ar►� not to be traraf:rred, and Seller will
1
It ;;41a
} }' sy `, cancel ris own policies of ter close of escrow. 4 t
1• . s``�.: r . , . �..
11 , All funds received in this escrow shall be deposited with other s.scrow funds in a t ,zl tr •�r,.r
general escrow account(s) and may be transferred to my other such escrow trust
account in any State or National Dank doing business in the State a t �tz st 5�;. 4 titofCalifornia.
All disbursements shall be made by check from such account.
4
P.SCROW AGEIn' 1S AUTllil"oTll:� AND TS INSTRUCTCIl TO COMPLY WITHTl1E COLIAWING TAX
ADJUS-MENT
it t'ti i1+l' t'r ,r '.;
, ,. `, lt �,., A. Pay and charge Seller for any unpaid delinquent taxes and/or penalties and
n :,,.jyL : `�7 t, )4t'` interest thereon, and for any delinquent or non-delinquent assessments or
�',IV f `t i � 'W i
bonds against the property;
it �,�< y n" i s
B. Escrow is not to be concerned with proration Sellers taxes for the current , j��
fiscal year if t`rie escrow closes between July 1 end Novenber 1 unless 31 `c Yk, *"'�• :a ,� �
current tar information As available from title insurer. In the event said
tt ,J
tax information is svai7,able, Seller's taxes shall be prorated in accordance
t , with Paragraph C below. Frcm July 1 and ensuing period:, when .ax information
i r not: available, Seller's prorate portion of taxes due to close: of escrow, ii • -tie ., ,1i`
' pursuant to provision
of
,d` t s/roll be cleared and paid by Seller, outside escrow, p p
Section 5082 through 5090 of the Revenue and Taxation Code of the State of
i t/•1 Y.�Y 4...� ,ji
California]
�,�{ ,,�'r,t'L+�, A 't ��1 of•1/'. •�',.
�`' ' ,.1''-y, r• t' C. From the data that tax information is available, as per Paragraph B aLavta, r. .
up Lc and including June 30.h, Sellers currant taxes, if unpaid, shall be
r , Itsr, proratod to date of -close of escrow on the basis of a 365 day year in ,,
accordance �iith Tax Collertor's ' proration requirements, together withl -F'
t r�; penalties and interest if said current taxes are unpaid after December 10
and/or April 10. At close of escrow, check payable to the County TOX L
Collector , for Seller's prorata portion of taxes shall be forwarded to Buyer
with closing statement; h R
A. Any taxes which have been paid by Seiler, prior to opening of this escrow, `i
shall not be prorated between Buyer and Seller, but Seller shall have the
;lfi� I r sole right, after close of escrow, to apply, to the County Tax Collector of
said c'uunty for refund. This refund 7rould apply to the period after Guyer's
acquisition, pursuant to Revenue and Taxation Code Section 5096.7. tY
ESCROW AGENT IS AUMORIZBD M, ANU SHALL: .�
.>: E. Pay and eh,rge Seller or any amount necessary to glare title in the
�':c 4 1, t -•.�.
( /
conditio+e necessary to satisfy Paragraph 3 of this. Agreement• /
F. Pay, and charge Buyer and Seller for nny escrow fees, charges and costs •�,
payable under Paragraph 6 of.this Al;rcemen t;
1 t"
G. Dirburse funds and deliver deed when conditions of this escrow have been l„
fulfilled by Buyer and Seller.
r
The terry; "close of escrow", if and where written in:these instructions, shall mean '
�
t r
' „�;. x
t. � 6e .date ' necessary instruments of conveyance are recorded in Che,:office of the.
y Recordation of• instruments delivered through)this escrow is �' r
County:, Recorder.
authorized if necessary or proper i n the issuance 'of said policy of title ; � t
,.
ti All time limits within which any matter herein specified is to be perforrae:d may be "�.
:Se cr extended by mutuzl agreement of the parties t tn. Any amendment of, or
X�R ��'�� ' supplement to, any instructions must be in writing. r
TIME IS OF, THE ESSENCE, IN THESE INSTRUCTIONS AND ESCROW IS TO CWSE AS SOON AS
POSSIEIE. i'i If (except for deposit of money by Buyer, ''which shall be- made by Buyer
1 ow e o 1 'je, f escrow) this' escrow is not' {n condition i'•"'
.�• ,� � upon. Escrow Agent before c oe a c )
to - c;ise uithin�60, days' from date erg these instructions, any party who then shall `f
have '-fully `cra•nplied with his instructions say;"in writing, demand the return of his {y
or property; but if none have complied no demand for return thereof shall y
Page 2 of S
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� , tY L . . .)i _... _. .. •' 1 f''
p} 7` li`,•.F, v. rk _ ,r � :. .'�. �. .. ,. 1 .. r 1 .,,�)f. P •� A + `ii j' ;,rG. x' ,.,{:: � f �ytK
-.=rA . , . _.. 4., n ,;.,s i' .� 1l :.. ..•, . ra, .,. � ,,,.,.,. .!.a:1 ii+_: ., r � ,ti t'i-„�4)) ql ,�> ay��.. 1> "� J.. � �hy �
•• -.�.'•/ 7,,, .t r, ". ♦'•-IZ••n,, rl.: yy,, F .• 1+IppJ �t) 't�. •�...•I,. 1'y�;/
;:,• �: �.-y(�...'i;'y `• t. 1g v .♦ '.. h ..�y` ...r' y„r ....�. .r.,v,Ii 1...i..-.r r�,....... •.��nia1.+.�:::�ai�lr+.�,"�Y3 ' 1 e ttJJhhy��, t!.: .�.
f'+itir.S4+1-4,a �jL7L.fW.• .]L i�•.}T 1� Vi •j `,tf3i`r�,� 'Y,.',/3•�' `f.l
be recognized until f (5) days after Es,row Agent C111 :l
ive mciled� copies of � t•
such demand to a'1 oL:her p �arLies at rha res cetive' addrnasea. shown in thabl6 escrow
p -
instructions, and if any objections are raised within saki five (5) day periods
Escrow Agent is authorized to hold all papers and documents until instructed by a j'•;�s! �?'` '�t'' a'rl ' i
If no demands are r/adu
, l,.ctz;t rx court of competent jurisdiction nr mutual instructions. t. #,
.:.
proceed with closing o. this escrat as soon as possible. �+ 1+.►,, . ; �3, .�
li
�"��;� '�f ti�J�•p t, ,rt�lly-". !
R iponsibility for Escrow Agent under :his Agreement is expressly limited Lo
• �+ ��?�•� /�1A4'' , � Paragraphs,, 1, 2, 3, 4, 5, 6, 7, 9, 10, 17 and to stu liability and.r
any policy of title insurance Issued in regard to this transaction. �fn,• �3,A� �y( � .�j
� F 1
6. CROW FE1:S, CHARGES ANDCOSTS, Buyer agrees to pay all usual foes, cLarges , �, �% � 1 :' , �� .,P
" * t and coote which ari cc in this escrow.
7. RENTAL AND UsC1:UPANCY BY SELLER. Seller agrees to execute a complete, current rr '�«- ,��; ,r, 14
` t 3 and correct statec•..'tt of rentals on term furnished to Seller and deliver same to 4 3� ',9t�'��� � ,, �H r
Buyer within fifteen (15) days hxreof with'ropies of any written leases or rents;
a regiments attached. All rents will be prorated as of the cYostt of escrow on the
�►1",; � r, ' t!,�?! "r i basis of a 30-day month consistent with that SLatement, sabject to approval of
r,4 ,#,T•1 ! _; ' '' Buyer. Sol li.r hereby agrees not to rent any units an the premises which are now
vacant, or which may be vacated by present occupants prior to close of escrow.
Speller Lreby warrants t;tat that rental statement referred to shn11 include the
.r , zi, ? \� r r terms of all rental agreements, tenancies and:-leases (written, unwritten, recorded ` , der�l� 1 l r•� rt� f
a"a' 'i or unrecorded a -i ees to hold Bu Buyer h4rmlr:ss from all liability fram any sue,.' } •.� )r '
) g Y Y ,:'�rcci r1J'i rat•• 3
a r
].eases oi' agreements. Seller also warrants that thane are no oral o. k'ritten � � 1=.•r�',; r����3 ,
leas:is on all or any portion of property exceeding a period of one month, and �•; t+ }, �1; ��, „ ;'r.o
+,
Seller further agrees to hold Buyer harmless and reimburse Buyer for any and all nf
;'• tl ''`air.,•: its losses and expenses occasioned by reason of any lease of ,said property held by
an enant''of Stiller for period exceeding one month except: NO,
� '
Y• p S P ,trX;I�,�r It
8` PERMISSION; !
N TO ENTER ON PREMISES. Seller hereby bratty to Buyer; or its
)'"tyJ ? � �', 4 -" ' authorized agents, permission to enter upon the Property at ell reasonable times
1
, t, ,•;. ,',fir s t• prior to closr. of escrow for the purpose of making necessary or approrriate ,
inspections. Buyer shall coordinate with Seller an such inspection requests.
-`� , •� ' t
•, x r,' �� P Y P 4
9. CQUNTERPARTS. Thin agreement may be executed in ccuttte't•pn•ris, each of. which
p1">r� ty' > aI `rat :
� r tit+y fll �`rt' 1' So executed shall, irrespective of the date of its execution and delivery, be
deemed an original, and all such counterparts together shall constitute one art'a the
same instrument.' µ � '
10. CLOSING STATEMENT'. Seller instructs Escrow Argent to release a copy of +�: ;
Sellers's statement to Buyer; purpose being to ascertaii if any 'eimbursemonts are
4. fi, ;1: due Seller.
j,t�Xf;Its�'j f;. r� ,yr- r•
r ,
r
11. LOSS • OR >'AMAGE TO IMPROVEMENTS. Loss.or damage to the teal prcpe.rty or ap .
` �;r tr tt,t" ' improvements ,thereon, by; lire or other casualty, occurring prior•to the recordation r� r
n. "*r +I� '�' ft'`�' of '.+ the Deed, shall be at tha rink of Seller. In the event of loea or damage to Cho
rrV,r�Il• ..
• '�' Rly r r !1� ,�
,, tr , �;� M¢'r��, >i J`? real property or, any improvements thereon, by fire or other ;casualty, shell occur } r
r;l. 1 •, a x prior to the recordation of the Deed, Buyer may elect to require that the Seller
N','fi�� ay to , Buyer the proceeds of any insurance which may become payable to'Seller by'41—
• ►. ;-.� ;,t::is reason thereof o: • to- permit such proceeds to be used for the restoration of the r^ .
ILK 5{r,t b'
. t� ;, r,;; „ • �.t��41`wN%. damage done,'? or • to reduce the tctal price by an amount Equal to the diminut:[on 'in
3a
t , rt sir; f values '.of ,t3aid prrperty by reason of such loss or damage or the smot+nt of insurance
payable to Seller, whichever is greater.
` �yt >�'►' ! U e0fENT " DOMAIN DISMISSAL. Seller hereby a rees and -consents t4;the diwAssal
or abandonment of any eminent domain action in the Superior Court of the State of
r, , ,� ` f ', California in and for, the County of Ceange wherein the herein described property is I !
;!�pp;�� '; included and also waives any and all claims to any money on d:puait Lin,
n"said 'action ►vrtik
I and further waivers ell. attorne ''s fees, coats, disbursements an4 ex eases incurred _
j.
` in tonnecr*on therewith. � N�
I•
POSSESSION AND DISPOSWION OF SELLER'S FURNITURE Possession of real ro art 13. • P pe Y
shall be given to Buyer : uron the recording of Beeler s deed. All Seller sex
v. S �.• yr / a 'r.
furniture and furnishings shai3 ra.-gain the property of. Seller and ,�t:ller shall have
,. �.
the right., at any` time to remove' or otherwise dispose of all, or 8,y portion of same,
provided that all tenants occupying, thee:premises at the time Seller's deed is
recorded shall be entit7 ed to continue to use the furniture and furnishings then
• ;;41 being used by them until they vacate each of their respective apartments or,living
spaces, and provided that within tens (10) days enter notice from Buyer 'that the-','.,. '' A
Pr'1m;Aes have been vacated, Seller will remove or otherwise dispose of all such
Page 3 of 5 4
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,r ;' a..t';w -t;�;.,Elt �,, ..•• it •,;.- '►• :� 't »'..:-7t., tl r �, f "',,'�
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furniture and ftirnishi("'' . All furtticure-and '.urnishi� rennin+.ng op. the pre:m;ses
after 10 days shall come the property of Buyer a.:-- Buyer tray dispose of same
1 ', ;Is `r t ,•,'; without liability as it alone saes fit. Buyer shall not bo liable for any loss of
or damage to said furpiture or furnishings, regardless of when such 1'099 or damage •; '
J�
iw w occurs, provided however, it is ex}cessly agreed by Buyer anti Seller thou Buyer
} , ,;.1 "� t;r•fr shall pay for mov'ng costs for items awnad by seller and stored or, the property' to
addition to comnensat•dort paid under this purchase agreement.
14. HAZARDOUS WASTE. Neither Seller nor. to the best of Seller's Knowledge, any «�• � '.' }t �?
•• .r t �4i• previous owner, t anant, occupant or user of tht: Property used, generated, released,
dischnrjed, stored or disposed of any hazardous waste, touiu substances or r nlut:ed t•,`; " t: �t !.t ;'? ',r,
mat
erials ("Hazardous Materials") on, under, in or about 0e: Property, of
'{ '` „t}• �`' trans orted an Hazardous P1:tterials to or from the Property. Seller shall not T.
? t' ` J 3 .�3 cause or �t'mi t the presence, use generation, rslens:e discharge, stet age or
I'
p• p , g , i � .,t +;
disposal of airy Hazardous Materials on, under, in or about:, or the transportation
of an Hazardous 1latoriais to or from, the Property. The term "llazardous Hater i.al'' ' � `� c'
o t Y i
shall mean any substance, material, or waste which is or becomes regulated by any `►� r,
local governmental authority, the State of California, or the United States 1
Government, including, but not limited to, any, material or substance which is (i)
x t` defined as a "hazardous waste," "extremely hazardous waste" or "restricted '
�} ;r hazardous; waste" under Section 25115, 25117 or 25122.7, or listed pursuant to
Section 25140 of the California Ucalth and Safcty Code, Division 20, Chapter 6.5
t V Hazardous Waste CORt�01 I.aw it 11
( ), (ii) defined eta hazardous substance under Sectior.
25316 of the California licalth and Safety Code, Division 20, Chapter 6.8
Car inter-Presie Trsnner llazardous Substance Account Act (iii) definer! as a �� {3
y ( P y- ) ..
' "hazr.rdo•is material, " hazardous substance" or "hazardous wasce:" under Section 25501 `v
• � ,'�' of the: California Health and Safety Cade, Division 20. Chapter 6.95 (Hazardous
Materials Release Response flans and .Inventory), (iv) defined as a "hazardous
substance" under Section 25281 of the California 11calth tend Safety Code, Division
!.'. 20 Chapter 6.7 (Underground Storage of ]lazardous Substances (v) petroleum, (vi) •� cr r
.,bestos (vie) ,ol chlorinated b hen ls, .riii) listed :.nder Article: 9 or defined
., L^ t polychlorinated yP Y (-
n a hazardous car n extremely hazardous" pursuant to Article, 11 of Title 22 of the
s t s California Administrative. Code_ Division 4 Ctta te:r 20 (ix) designated as a
11 tl p '
' {• ' '' hazardous substances pursuant eo Section 311 of the Clears Water Act, ( 33 U.S.C. }
1•, 11p J� R
Il i r •`i `n`H ;. 11 II � ( '"fd
.91317), (x) defined es a hazardous waste pursuant to Section 1004 of the Resource 1 r{• T,
Conscrvr lion and Recovery Act, 42 U.S,C. S6901 et seq. (42 U.S.C. S6903) ut• (xi) ��:' + , lyttt,^ ' SOi �'
t/ defined as a "haiardr.us substances" pursuant to Section 101 of the Comprehensive lnti<;
Envirorm!ntal Response_, Compensation, and Liability Act-, 42. U.S.C. S6901 et seg.
(42 U.S.C. S96C1). '
l5. COMPLTiX,.'E WITH EtiVIRONI4I'?J'I' LAWS. The Property and its intended use complies , a• �(( r F•: ,
with all applicable laws and g ,yernmental regulations including, with ,:imitotion, ,,s+` r• ,'v ' ,� `'
a: applJ table federal, state an.. local laws pertaining to air ant water quality,
7 , hazardous taste, waste disposal and other environmental; mutters, including, but not
limited to, the Clean Water, Clean Air, Federal Water Pollution Control, Solid
sdasa:e Disposal, Resource Conservation Recovery and Comprehensive Environmental �c
Response Compensation and Liahili. i Acts, and the California Environmnnt Quality
Act, and the rules, regulations and ordinances of the City of 'iuntington Beach, the t,� ,�•
California Oeptirtment of Health Services, the Regional Water Quality Control Board,
tt. I( „ ' • the State water Resources Con..rol Board the Environmental Protection Agency and �'•`
t ,t•` �Cr (tit t t g y
all applicable federal state and local agencies and bureaus.
, �f1 ty, ;•ill J ,�
�,, a , t ,�I 1� t � 'J; t rl�' t , •.
16, INDEMNITY Seller indemnity, defend and hold Buyer harmless from and against �, rf' ,' '� ••:,ax" {`'
any c3alm action proceeding.roceedin , loss cost, :lama a liability, deficiency,
fine, penalty, punitive dalnage ear expense (including, Withou limitation,
attorneys' fees) resulting from, arising out of, or based upon (i) the presence,
release, use, generation, discharge, storage or disposal of any Hazardous Material
on, tinder, in or about, or the: transportation of any such materials to or front, the
Property, or (ii) the violation, or alleged violation, of any statute, ordinance,
TA, order, rule, regulation, perntit, Judgment or license relating to the use,
generation, release, discharge. storage, disposal or transportation of Hazardous
Materials on, under, in or ab' ut:, to or from, the Property. This indemnity shall I,
�d.". ,, c 1 i•+, include, without i 13tritstion any damage, liability, fine, penalty, punitive damage,cast or expense arisi, q from or oot of any claim, rict_on, suit or prt,%.ucding for
T,� ;�{ . �rt' personal injury (including sickness, disease or death, tangible or intangible 4 t', ' t�P �•
, ,;' property damage, compensation for lost wages, business income, profits or other r, ;i• �, � ' e I
r, t Y
;,{%nomic loss, damage to the natural resource or the environment, nuisanc
_ `
.
t t l
•rkr3���4I'T� , ,' J., pulluLion, cantaraination, lea,;, spill, release ar other at.verse effect on the ry, , y,;;, { •_ s'
envi:onment.
I{� t'�1��, f{ 'r� 't?° j�t11 Tt�'ir 1�1 'r`Yr a'•Y, ,•1�
17. CONTINGEN^'Y. It is understood and agreed between the parties hereto that thee ��� r�>. t�,IJ�t„r•',
T'`i ►N��';', r,r ttf ce,tpletion of this transaction, and the escrow created hexeb.y, Is contingent upon �,•`�' =,�,a� 1 ,x "J,�:
the specific acceptance and approval of the Buyer herein. The execution of these
' '� I-*
documents and the delivery of same to Escrow Agent constitutes said acceptance and r��6' ''" ' �!' ( '�h M.
n �f t •�
�I:`? approval. , R �at /'t �. yb4t �!
1 1 ,
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• executors,
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and bind the. heir., i
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try ent contains the entire agroemetit between both parties, neither pnrty
7t. -,, �l• i ,,�' lilts Agreement
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relies upon and Warranty or representation not contci�ed iu this
da and ( •t' t' f ',}'' ;
"" IN WITN�S 1.9IEREOF, the parties hereto have executed this Agreement the
e .
year set forth bereiant►ove.
SCL .R SY��YA I�INC'tl
Ley „ }y 7�' y�\:' ti 1•.•Y�t� "'G n/1 • /``_
7 ' '
MAILING A*fnRESS OF SFLi.r
;• • -• Y
t; r IRVINE, CA 92714
A. SHAD R CK
1 `+ *'. i� ,t •` : ' ' �,Jr f�� + 7anr a ry,`,
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A IC` -'` fir' „s •_'r t,
a11AkON AND
t
BUYER CTP HL. IN �REACH
1 P�
t FIAII.IKG ADDRESS OF BUYER ---,. tlayor
t
0 MAIN STREET t�r,'
2G0
IJUNTI14GTOIi BEACH, CA 97.G46 ATTEST•
-+r/ft 1Kt j) 1f y
C i tv Clerk
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,, ► LOT 33 :tt ,'.LOCH: 2 INC'IbN COUNTY OF OF-.NGE,
OF HUNTINGTON y ,
CITY
GE �G OF ;IISCELL.1. C,OUS i' z
z ti w; , r' ��1 ► RECORDED IN DQQt* 3 �'A
:4 CA�FQRVII, .� PER :L,P
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CAS, BREA, Agpt�.��.'IUM AI.1+
E.�(CE°'r ALL CRUDE OIl., ��rROI >
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L►tIGATION GUARANTEE r f ,
• is
n�r�. �' * :ut{!t r's`� irf�f -fl it
k { LIABILITY S 5,000.00 ORDER NO. DR-1447613
FEE i 175.00 YOUR REF. 024-140-'19oil
rv, '
SUBJECT TOTHE EXCLUSIONS FRCM COVERAGE,THE :IMITS aF LIABILITY AND OTH'c R PROVISIONS OF
THE CONDITIONS AND STIPULATIONS HERETO ANNEXED AND MADE A PART t)F THIS GUARANTEE,
First American Tide Insurance Company
a corporation,herein called the Company,
{ 11l��y t i, GUARANTEES
_{ 2 tirFf,r `„
City of. Huntington Iri�•#"�Irt,"r�12!
'
t7, y isgton Mach '7 r.?�� , •. ' t+�!+
;'�2�j'�!=` 1�1! ��� rl�rr 'j:'lt �1 Mkt"e{� •.�i
herein called the Assured,against loss nut exceeding the liability amount stated above which the Assured shall sustain
by reason of any incorrectness in the assurance which the Company hereby gives that,according to the public records,
an the date stated bela:v,
1. The title to the herein slescibed estate or interest was vestal in the vlatce namod,subject to the
t �.
mutters shown as Eauptions herein.which Exrortlons are not necessarily shown in the order
of their priority; ' f
!; �,j , t t 2. The.necessary parties defendant in an action to cause,= a�rj lar,(l p'� s��►
r ,: •,tl
h are as herein Stated,
I , •,�
"`;''r,1:'` Y*t'' R-•r�{� rY `` bated: Aecewber 30, 1986 at 7:30 A.H.
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Firit American Title hisurance Coanpurly
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LITIGATION GUARANTEE OR-14-47613
'TITLE TO SAID ESTATE OR INTEREST AT THE DATE HEREOF IS VESTEDINt
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SYLV I A S. SHANDR I CK , A WIDOW BY DEED TO THEM DATED AUGUST 231
''. IY54 FROM EUGEN'E SANDERS AND GRACE GANDERS, RECORDED SEPTEMBER Y tl r+'ti"f
101 1954 AS INSTRUMENT NO, 71963, IN BOOK (NONE SHOWN) , PAGE
(NONE SHOWN) , OF OFFICIAL. RECORDS. STA11PS S3.85.
. fry'1 t'� 7 � �r ., t_ r !L/ ,r•�� iir t.•�"
THE ESTATS OR INTEREST IN THE LAND HEREINAFTER DESCRIBED OR
REFERRED TO COVERED BY THIS GUARANTEE ISI
ti
rr, A FEE.
EXCEPTIONS,
f t 1 . SECOND INSTALLMENT GENERAL AND SPECIAL TAXES FOR THE FISCAL
` l�1
YEAR 1996—•1987, AMOUNT $84. 62; CODE AREA 04-0351 A. P . NO.
024-148-19.
}
2. THE LIEN OF SUPPLEMENTAL TAXES ASSESSED PURSUANT TO CHAPTER
3_5 COMMENCING WITH SECTION 75 OF THE CALIFORNIA REVENUE AND
TAXATION CODE.
,t, J
3 COVENANTS, CONDITIONS AND RESTRICTIONS IN AN '114STRUMENT
,..1 `�.,�5,:'tr� 'Jr�''h�L�. •` +It Iti, };1J�,; ,�, :, i
RECORDED IN BOOK ifs, PAGE 21 OF DEEDS, WHICH PROVIDE THAT A ''�►;'. '�` +�"t ri"TT"� `'
VIOLATION THEREOF SHALL NOT DEFEAT OR RENDER INVALID THE LIEN `R�c3�
OF ANY MORTGAGE OR DEED OF TRUST MADE IN GOOD FAITH AND FOR ♦ ,► ;. �'# 3t
r.A , r `r' ``' VA!LiE, BUT QELETING RESTr�ICTI0N5, 1F ANY, BASED ON RACE, COLOR , '`+-"'�`+� �tr'�' 4 -3
t; t3iir t ,'c t f2ELIG'IUN OR NATIONAL ORIGIN. s < .� ,�'
A COMMUNITY O;L A14D GAS LEASE EXECUTED BY ANDREW E. SHANDRICK `c
AND SYLVIA SHANDRICK , AS LESSOR, AND BY BELOIL CORPORATION,
LTD . , A5 LESSEE, RECORDED JANUARY 211 195S AS INSTRUMENT NO. 7242 f, 1
1 <TJ 1 + rt4 OF OFFICIAL RECORDS, TO WHICH RECORD REFERENCE IS MADE FOR FULL
PARTICULARS.
r
' 1 ' VARIOUS INSTRUMENTS APPEAR OF RECORD AFFECTING OR PURPORTING
TO AFFECT THE INTEREST OF THE LESSORS AND LESSEES UNDER SAID
� ♦3�y,J �)lbi ,y F + � 'a,c. r LEASE, BUT THIS REPORT DOES NOT COVER AN EXAMINATION OF OR INSURANCE
i' r• ""' +` " AS TO THE EFF�.'CT THEREOF, OR THE PRESENT OWNERSHIP OR CONDITIONS
' N t �. OF SAID LEASHOLD.
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Attached to Guarantee No. OR-1447613
issues! by
First American .Title Insi rnrce Company
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>' t� +• , a corporation, herein called the Company,
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attN• � �t ,11 i
j t the Company hereby assurer the Assurccf that, subsequent to !)eetanbeL• 30, 190G ,ilia data of tho Guarantee + t� r jl�
issued under the weave number, no matters are shown by ilia public recards which,would affect the assurances in said , '` s
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Guarantee ether than the following: "
I ' •,i r, ItFsn No, 1 is hexPJV amended to read as fo;lows:
I. Sand Insta _nr_nt Genera a Spec a VUes for the fiscal ycair 1907-19130,
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Annunt $85.87 Code T.rea 04-035 A.P. hb. 024-140-19.
The vesting is herebX ameMcY3 too read as follmis.• 1
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a widow and James A. Sti miricl: an.1 Sharon C. shiuOrick, �`��'
Sylvia Stntxirick,
aid wife as joint: tenants. �Np l t,r,•t:, " ►w,r` �+ r K•
M LTAMLZri-Y 'iliTMELNUER IS HER03Y INCREMM TO: 5120 r 000.00
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i .-� v Lind no chr� a fran our above referetic report.
t Otter. than as ,,Lt Earth abo E rig ` ,
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The total liability of the Company under said Guarwitee and under this Indorser ant thereto shall not exceed, in the rr �', •'�'a ' t,
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a,Aropt-j,the amount stated in said Guarantee. I.` `, �`� ,J
IN
This Indorsement is Trade o part of said Guarantarr and is Abject to the exclusions f rom coverage,the L'mits of liability `.�t+iaM.
arTd the lithe-provi:ionsoff the Conditioas and 5t,putitluns therein,exceTt as mcdifii-d by the pnwhians hlrwf. i • L
t :" z•' `'�` Rated: March 30, 1988 i? 700 AM. �•r4�'!.
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First American. Title Irnsurance Conlprinyfit
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PRESIDENT
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CITY OF NTH
CALIFORNIA 9204E3
r ; r F 20da MAIN STREET CITY CLERK
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OFFICE OF THE CI K
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Sylvia
James A. Shandrick '
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.a C. Shandrick
Sharon
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#7 Pazzl
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Irvine. ,
,r. Enclosed are copies of Agreements for Sale of Rea�nran�CtY
1 b;r; Between Sylvia S. 5handrick, James A. .,hand. Eck
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A. P. 024-143-Oi - 5th Street htn olive and Urange
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` :' REQUECT FOR CITY COUNC ACTION ' i
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ia::! , 'I \ 1�:} Submitted to: I-lonor�iole Mayor • ad City Council Members , J, •
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' �� , r` Subr-,!4ed by: Paul Er Cook, City Administrator ~- + ti'~
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f, I ">; 1 ' •„ , Prepared by: - Douglas N. La Belle, De put Cit Administrator/Community Develo m t
t {_ ' Subject: AUTHORIZE THE ACQUISITION AND APPROVE THE C �x.C1ESALE Q, r
LIVED OUNCIi.'7`�h FOR APN 2�-145--19 (SHAMDRICK PROPCRTY) IiX e.><�x c'�"� k;, f
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'I � Conjistant with Council Policy? X Yes ( I New Policy it Gxcoptio "11�., I,I_1 r r .,- '
+� ( 1s` `— PITY CC J 1, t , t `:
r li\ ) pia • Statement of Issue, Recommendation,Anelyiis, Funding Source,Alternative ALttum,Attimahnien ,, N, >
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' TI'e request for purchase of this property is In accord with City Council/Agency action to Tt ',
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r,� I \ , ft,. work to purchase properties on a willing seller basis in the Main-Pier Project Area. The it,-,,;�,t
R , �;+'. , I`.t + ''''` , attached Agreement of Sale represents the purchase by the City of property owned by Ms. I;' . ; ,"1.,'�'r'.:i'.
{' t '1 +» Shandrick located on Third Street between tYalnut and Olive Avenues to allow for :fit?+ ' '
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as t, ``` construction of a parking structure. " ' t,'k
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, RMOMME Djil ATION: If i�° ;4.l''r
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i . ,t `' {4 Authorize the acquisition of the property owned by Ms. Shandrick (APN 24-148-19), - k� f'.
I, 'f ". approve the attached Agreement of Sale which includes the following points: ii'` i, ti i ,3 '1
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s t , i ,, (x t ' / _ 1. The City will purchase APN 024-�148-19 legally described as lot 23 of tt i, rr'
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l �` i if block 203 of Iiuntington Beach tract and all structure thereon for the .a ` 1'J' `'`
' ? ., , - ,1 }` 't t ne otle,ted urchase rice of $165,000 whirh is 10% above the 4 "` 'D -"A'`
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�) appraised price. ,r <::,''ju""_ ti
'.`� }i r , ', �t, " 2. The Chy will pay all title insurance and escrow fees. 7�t1 i'j �,;, ",
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#j y f`-4,1r� ' ;-�.- .!.,1 f 3. The City will provide a letter to the property owner that the property ,-_,.' r�'t>A' Y`;_3� •f
t7+"! '� 1 ( '1 '' i,t 41 Q is being acquired under threat of condemnation. ;— '�`t,, Lf 11..0
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` ;' r ',,4 -� `1 4. The City agrees to a tl►irty (30) day escrow or less. IT,1, , ' r x.! z,. � i '�+
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-�' , ANALYSIS. > ;`
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` , ` <r fji% , > �" The City Council/,►ger.ry has authorized the appraisals and negotiations for the purchase J�'' �` .tf-r - ��
' ,, , s,r,�it.- r t': of properties to accommodate c.n-:ruction of a parking structure within the Main-Pier `"�� ' i �.
' ' r t 't , Protect Area. Over the pat several months, the ity's property acquisition consultant ��` ` "7 ;` ' "�>. ,'
l 4 ' has negotiated with the• ro ert owner's re rsentative to purchase the parcel and " ',t; , , '1 - i
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° It,t+ 4:' 7� 'ty,; ;tj' improvements. The Uty's appraiser indicated the market value of the property was to be It,;l•i .Y,. ;'
af- ,`° r �';tr '` I, ,', , !1 $150,000. We are reconimending the City approve the acquisition of this parcel at the f {1 c,;�=.A`'
c '' %%'" ' li x negotiated purchase juice of$165,000. /� ,� ' t `t
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