HomeMy WebLinkAbout; South Coast Land Co; 16840; Easement'I ', 'I -
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,: &-%-:; XXJTH COAST LAND COMPANY. a California corporation, having its principal place of business at Ls Ani
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., California, party of the first part, in consideration of Ten Dollars ($10.00) does hereby grant to
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PROVIDED, however, that this conveyance is made and accepted upon each of the following express conditions 2
quent, which are hereby made covenants running with the land and which apply to and are binding upon the part ;V of thl
ond part herein, i ts. ' heirs, devisees, executors, administrators and assigns, to-wit:
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(1) That said premises shall not be used for the purpose of boring for. or pumping, or producing petroleum, or any other oil or oils, ,
other mineral; (2) that the whole, or any part of said property shall never, at any time, be used for the purpose of manufacturing, buying,
or handling intoxicating liquors; (3) that any and all legal water charges or other charges or assessments made by said Oceanside Mutual
Company, or its successors or assigns, shall be paid to said water company, or its successors or assigns, promptly when due, and if the whl
any part, of said charges or assessments are not so paid when due, that the same shall ipso facto, become lawful liens upon said premises.
Upon a breach of any of the foregoing conditions, the title to said property hereby conveyed, and the whole thereof, shall revert and
in the first party, its successors or assigns. No forfeiture shall occur, howcger, under any breach aforesad, unless second part Y shall refuse <
lect for ninety (90) days after written notice thereof (by any person or corporation herein given the right to have said breach abated or reme
to abate and remedy the breach complained of; nor shall such forfeiture operate agaiast a valid mortgage or deed of trust upon said prope
be invoked against a mortgagee or trustee, in good faith thereof; but should title to said property be acquired by foreclosure of any mortg
deed of trust, or otherwise, the title so acquired shall thereafter be and become subject to all the provisions, conditions and covenants hereof,
same manner as though it had been acquired by direct grant from second party .
It is further agreed by the parties hereto that the premises hereby conveyed are a part of a tract, and it is agreed that each of the con(
Numbers 2 and 3, hereinabove recited, are intended and are for the benefit of the land and of the remainder of said tract, and of the owners t1
and that a breach of any one of said conditions may be enjoined by any person owning any property or tract or tracts purchased from first
and served by said Oceanside Mutual Water Company's water system, and adjoining said premises or said tract of which said premises are
but providud, however, it is agreed that Condition No. I, hereinabove recited, is imposed exclusively for the benefit of the party of the fin
and the party of the first part reserves the exclusive right to waive or modify the same, without the consent of any owner of any other PI
or properties in said tract or tracts.
Each and ali of the said conditions, restrictions and covenants are to continue and be in force until January 1, 1940, and no longer.
It is further agreed that each and all of the terms and conditions of this agreement are to be binding upon and inure to the benefit of dt
executors, administrators, successors and assigns, of the respective parties hereto.
TO HAVE AND TO HOLD to the said Grantee , i+s heirs or assigns.
IN WITNESS WHEREOF, South Coast Land Company has caused this deed to be duly executed by its proper of
thereunto duly authorized, this the 31s t day of "E c er?.'L.er, , 1925.
SOUTH COAST LAND COMPANY, %G / .7 ; 5/;,,,/''. By.. ._._.--. ._..__ ...-..-.-.. ~ .......__.._...._____ 1 _______ ~__..__.._.________.__
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