HomeMy WebLinkAbout; South Coast Land Co; 49806; Easementr 7 ,:. 4,’ . -..
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SOUTH COAST LAND COMPANY, a California corporation, ha* its principal place of business at Loo Am
California, party of the first part, i~ consideration of Ten Dollars ($10.00) does hereby grant to
OCEAKSiDE: iVITJTUAL $vATEh COWAITY, a. Califcmia Corporation.
part N of the second part, ail that real property situated in the County of San Diego, State af California, described as follow
Lots A end B of North Carlabad as per Kap thereof No. 1807 filed in tl of’fice of the Eecorder of said San Liego County,
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nveyance is made and accepted upon each of the following express conditions I
quent; which are hereby made covenants running with the land and which apply to and are binding upon the part y of tb
ond part herein, 1 ts a&C- 1. .. and assigns, to-wit:
(1) That raid premim shall not be used for the pu~poae 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 hall never, at any time, be used for the purpose of manufdeturing, buJrina
or handling intoxicating liquors; (3) that any and all legal water eharges or other charges or aasesments made by said Oceanside Mutual
Company. or its successon or assigns, shall be paid to said water company, or its succesaon or assigns, promptly when due, and if the wh
any part, of said chargea or assessments are not so paid when due, that the same shall ipso facto, become lawfd liens upon said premises.
Upon a breach of any of the foregoing conditions, the title to taid property hereby conveyed, and the whole thereof, shall revert anc
in the first party, its successors or assigns. No forfeiture shalt occur, however, under any breach aforesaid, unless second party shall refuse
lect for ninety (90) days after written notice thereof (by any penw or corporation herein given the right to have said breach abated or rem
to abate and remedy the breach complained of; nor shall such forfeitrue operate against a valid mortgage or deed of hut upon said prop
be invoked against a mortgagee or trustee, in good faith thereof; but should title to said property be acquired by foreclosure of any mom
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 part Y .
It ia 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 COI
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 I
and that a breach of any one of said conditions may be enjoined by any penon 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 raid traet of which said premises are
but provided, however, it is agreed that Condition No. 1. hereinabove recited, ia imposed exclusively for the benefit of the party of the fin
and the party of the 6nt part reserves the exclusive right to waive or modify the same, without the consent of any owner of any other p
or properties in said tract or tracts.
Each and all 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 tetma and conditions of thi agreement are to be binding upon and inure to the beaefit of &
urecuton, adminitraton, successon and assigns. of the respective partia hereto.
TO HAVE AND TO HOLD to the said Grantee s/ , Its ~xucxs~~ghs. successo::s
IN WITNESS WHEREOF, South Coast Land Company has caused this deed to be duly executed by its proper 01
thereunto duly authorized, this the 14th day of November. s 19 24
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SOUTH COAST LAND COMPANY,
By ____.___ _._. ” -. ___ - - - ___ -. - ___ - __ __. - - - .. . . -. - - -. . __. -. -. - - -. - .”_ _.._”. Preri
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