HomeMy WebLinkAbout; VAUGHN, ALEATHA W.; 7073; Easement.- Order
\ ~~.?,*b~~...~.~~~.~o~ ............ Numbe .z 613 ......
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RECORDING REQUESTED BY n ,>,,,-. ;a? ,_. . ".
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WHEN RECORDED, PLEASE MAIL TO
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smES 5 BWK 1% OFFiClbll. RErnRS SAbll DiEGGo sounw, WE .. &... .... J~hn...sl.ater?,...C.it~....~er ........... ..(=~t~..aff...~.~.l.~~aa ................................................ &e; ". u AS w, Em= ..?96Q..?iQ...Pi.CQ ......................................................... "5 Carlsbad, California
SPACE ABOVE THIS LINE FOR RECORDER'S USE
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Grant Deed
.........................................................................................................................................................................................................
..Aleat~a.w....v~~ ............................................................................................................................................................
For a Valuable Consideration, the receipt of which is hereby acknowledged, do ........ hc
GRANT to .......... City..af..Carlsbad,..~~-~c~.Slar.pora~on .........................................................................
........................................................................................................................................................................................................
all that real property situated in the County of ................... ......-.. Diego ............ ".-, State of California, described as fc
The West 126.50 feet of the East 176.75 feet of the North 80.20 feet of Lot 15 of
the Optimo Tract in the City of Carlsbad, County of San Diego, State of California
according to WP thereof No. 1805, f ilea in
of San Diego County, September 4, 1924. ....
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........................................................ - CXRTIFIC.eOF B.CCEPTbBCT __.
-This fs to certify that the interest in real properiy ........................................................ conveyed by Grant Deed
dated December 20, 198 $yo% ALETHEA W, VAUGHN , to th.~! C<:':y of :%-Iscba3., a xqltttzal c~rp-
oration ana/or go-.v?mmsn".al eGgcr;oy, is ~ZYC'CJ z?c~?.' c 7 by order of '&e City CoUlCfl Of the c?.';:? Of C?.ZL:LSb2:!. nil for ................................................ Santa Cmz
the 7th day of January,, 196.4 and ,thz grantsa conzents .......................................................
to recordation therec$ .by -i%s duly- authorlzed officer. .......................................................
.... subscribed to the within instru:
DATED: January 9, 19 64.
CITY-OF CAKLSEAD
BE -,pwA fl -F6&
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3423
ESC 2564 4-62* P,S.
A. R. MORGAN, NCITARY watm
STATE OF CAiiFORNlA
PRINCIPAL OFFICE, SANTA CRUP cGu
MY COMMISSION EXPIRES MAY I.% 13-
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!. 5rn.Q; - _. "--* - u - " - :+. s - 9- =a1 -$ UMSURANCE xu ~FF,li4-E 0' T,TLF ,Y*,>.RANCE COMPANY ais -pu*T COhlp;,.y OUR NO.:. 741600 ......... T
JJ'il5 0. F"**jRZ. JP. 220 "i STREST - SECOND TO THIRD iVEhlr~*
SAN DIEGO :2. CAL'FORN!A . BtLMONT 9.5081 * i. ..is 3: ,- DATE:.. .?O.!! e.mbSP...&?
.......... PRELIMINARY REPORT YOUR NO.: Vaug~~~.....
Issued for the sole use of: r Security 2'i.rst L;ationai _- 3ank
Po 0. 'Box 158
Carlsbad, CalifDrflia
L 2r. ScLoamver
NOTE:
This order billed on estimatc
s ................................................
Policy will be issued for not If
value, when value is ascertain
-.
We have completed our preliminary examination, as of. .. " -'I.DVe.DlbS .6 + ..196..1 .............................. at 8:OO 1
record title to:
See i+ttached
Provided there is no change since the date of said examination, we can issue our ............................................................................. (. .............. Policy of Title Insurance, showing title vested in:
;Ilea tha w . Ya u-ghn ..
S u b j e c t to : The standard exceptions shswn in our regular policies; and
10 Taxes of Sarl iliego County and the City of Carlsbad for the fiscal year 1961-62, including ally special district levies, the first installment of which is now due and payable, the second installlcet of which is riohr payable and will be due February 1, 1962.
' I ;,, . , prelimi.:i* re2or 2
741600 e
page 2
2. r1 axes of San 3ieg;o and tne City of Carlsbad for the
c ome . ~ fiscal.*year 1960-61, ;LOW cie1i:querLt. Estimate to
3. bard Eo. i Series lj7 report to come.
e 4. iissessment _';OS. 1 and 2, report to cone.
35. The fact that the owi?,ersLip of Said land does :-lot inClL access rights to the land acqaired by the State of Ca11 for highway purposes, as entered in tie fin21 order of
co~ldemnacion, recorded 5ovember 12, 15152 in Book 4652, page 35 of Offici21 Zccords.
riffects €"ercels il asci Yn.
6. ii 2eed of Trust dated Znly 20, l953? executed by deati Vaugh:l 2:ld Fatricita K. Vrugh;i, mother and daughter, &:
joint temnts, to Security Trust 6c Savings Ea& of Sac
3iego, Trustee, to secure az isdebLedness of $6,600.0(; favor of La Zolla Federal Savings a~d' Loar, &sociation,
a corporation, aad x?y other aciouats payable uader the terms thereof, recorded hugust 3, 1953 ia dook 4941, page 192 of Officizl Hecords.
"ax Figuses for ti;e fisc'al year 1961-62 as follows: Z'irst irlstalllrent 5143.58 due, Second Irlsta1lmea.t $143.56 payable, Land Valuation L3,230.09 improvement: &940.00, cd,~ ,rea 900, E:xenptiDil $l,oaG.od.
U;,:IO;; .TITL''
jfl
Compared by----- 11/10/61
,._ "-6, ..
% '91:s R Q P. E R i Y it s c R i P T I Q N I ;( I %" DESCRIPTION BY R b Johnson ..................................................................................
This description-was prepared by REFERENCE ............................................................................................ 41600 ...
UNION TITLE INSUFPANCE COMPANY
from iiformation furnished this Company and should be approved by all ...................................... ......................................................................
interested parties.
DETACH THIS PORTION DATE ....................... 11/6/61 ' ............................................................................
Parcel "A" :
Lots 15 and 16 of the Optimo Tract, in the City of Carlsbad, County of San Diego, State of California, according to map thereof No. 1805, fi-led in the office of the County Recorder
of San Diego County September 4, 1724.
Excepting therefrom that portion thereof lying SoGthwesterly- of the following described lines:
Commencing at a point on the center line of Chestnut Avenue according to map thereof No. 1805, distant thereon North 89O09145" West 57.01 feet from a 2 inch capped iron pipe set for the intersection of said center line and the center line of Eureka Place, as shown on said map; thence North 16043128t1 West 31.47 feet to the Northerly line of said Chestnut Avenue; thence North 63"49r30" West 42.05 feet; thence North 37°001451t West 78.82 feet; thence North ~3~08~50~~ West 870.00 feet.
Also excepting that portion of said Lots 15 and 16 which lie Westerly of the West line of the East 50.25 feet of said Lots, and lying North of a line which is parallel with and 180.20 feet Southerly from the North line of said Lot 15.
Parcel ltBrr :
The West 103.35 feet of the East 15'3.60 feet of Lots 15 and 16 of the Optimo Tract, in the City of Carlsbad, County of San Diego, State of California, according to map thereof No. 1805, filed in the office of the County Recorder of San Diego County September 4, 1924.
Excepting that portion lying within the North 80.20 feet of said Lot 15.
Also excepting that .portion lying South of a line which is parallel with and 180.20 feet South of the North line of said Lot 15.
.-.
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1) 741600 Page 2 * -
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Parcel r'C" :
" The 'West 126.50 feet of the East 176.75 feet of the North 80.20 feet of Lot 15 of the Optimo Tract, in the City of Carlsbad, County of SanODiego, State of California, according to map thereof No. 1805, filed in the offfce of the Count7 Recorder of San Diego County September 4, 1924.
Parcel "D":
Lots 15 2nd 16 or" the Optirno Tract, in the City of CaslsSad, County of San Diego, State of California, according to map thereof 130- 1805 y filed in the ~fflce of the County Recorder of 3an D:lego Co.unty Septenber 4, 1324,
e r
ExceptLng therefron that portior, thereof lying Southwesterly of the. f oll.owing described lines:
Comencing at a point on the center line of Chestnut Avenue according to nap thereof 140. 1605, distsnt thereon North 69*09*45'' Vest 57.01 feet from a 2 inch capped iron pipe set for the intersection of said center line and the ce&ter line of Eureka PIAce, as shown on said map; thence Rrorth 16*&,j'2et' \:Jest 31.4-7 feet to the SJorth,eplg kine of said Chestnut Avenue; thence North 63O4g"3Ott %+?st 42,05 feet; thence Nrtrth 37000'45l' ?!est 78.62 feet,; thence l{orth 23008tE: /o *I West 670.00 feet .
_. Axso excepting that portion lying South of a line which is
parallel with and South 180.20 feet from the North line of
said Lot 15.
Also excepting that portion Tying within the East 153.60 feet of said Lots 15 and 16.
Also excepting that portion lying within the West 126.50 feet of the East 176.75 feet qf the North 80.20 feet of
said Lot 15.
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FORM 609 (OULfD) 1-81
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P I. AT * ihowing location of the land described in the attached policy.
4
OP7ZMO %ACT
MAP NO. /Bo!
i
This plat is not a survey of the land and is furnished for information only. No liability is assumed by this company as to the accuracy thereof. UNION Title Insu
and Trust I Inme, D. Fwd. P*tu.den:
SECOND AVENUE at BROAC
SAN DIEfa I?. CALIFORNIA
Ttlcphont Franklin %is51
TO 1012-1 F C California land Title Association FOUNDED IN 1893
POLICY OF TITLE INSURANCE
ISSUED BY
Title Insurance and Trust Company
TitIe 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, devisess, 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 encumbrance not 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, however, to the provisions of Schedules A, B and C and to the Conditions and Stipulations
hereto annexed.
h Whze-r.f WhePeof, Title Insurance and Trust Company has caused its
corporate name and seal to be hereunto affixed by its duly authorized officers
on the date shown in Schedule A.
Title Insurance and Trust Company
bY "FESIDENT
Attest u @eu SECRETARY
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TO 1012-1 AB C California Land Title Association Standard Coverage Policy-1963 SCHEDULE A
Premium $ 6 0.0
Amount 9 5,659.65 ate January 14, 1961, at 9: 00 A .M. PA~~Y No. vBQ EEfective
INSURED
City of Carlsbad, a Municipal Corporation
1. Title to the estate or iuterest covered by this policy at the date hereof is vested in:
City of Carlsbad,
a Munlcipal Corporation
2. The estate or interest in the land described or referred to in Schedule C covered by this polic:
a fee.
SCHEDULE B
This policy does not insure against loss or damage by reason of the following:
PART 1
1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records.
2. Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained by an inspection of said land or by making inquiry of persons in possession thereof.
3. Easements, claims of easement or encumbrances which are not shown by the public records.
4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a
5. Unpatented mining claims; reservations or exceptions in patents or in Acts authorizing the issuanct
correct survey would disclose, and which are not shown by the public records.
thereof; water rights, claims or title to water.
I' . 0 , v,-vv
. I.
.<
TO 10128 Cont. C Colifornia Land Title Association
Copyriaht 1961 Standard Coverage Policy Form S C H E D U L E B - (Continued)
PART I1
1. The fact that the ownership of said land does not include access rights to the land acquired by the State of
California for highway purposes, as entered in the final order of condemnation, recorded November 12, 1952, in
Book 4652, page 34 of Official Records.
-3-
” ”_ , - . . ” - -~ - . a m. I
American Trtle Assoclatlon Loan Policy TO lOl2C OC1056C PC C
Addifional Coveroge-October, 1960 or California Land Title Association Standard Coverage Policy-1961
SCHEDULE C
The land referred to in this policy is described as follows:
The West 126.50 feet of the East 176.75 feet of the North 80.20 feet of Lot 15, of Optino Tract, in the City of
Carlsbad, County of San Diego, State of California, according to Map 1805 filed in the Office of the County Recorder of San Diego County, September 4, 1924.
-4-
e
.\ . .
, TO 238'KC , *. 1. * 0;. ..
@ This is not a survey of the land but is compiled for information by the
Title Insurance and Trust Company from data shown by the Official records.
2% mor
H
0
\,*. \. .. . .* . a .*..-
CONDlTlON!i AND STIPULATIONS (Continued and Concluded From Reverse Side 6f Policy Face)
the full amount of this policy, together with all costs, attorneys' fees and expenses which the Company is obligated hereunder to pay, shall terminate all liability of the Company hereunder. In the event, after
pany by the Insured, the Company offers notice of claim has been given to the Com-
to purchase said indebtedness, the owner of such indebtedness shall transfer and assign
the same to the Company upon payment of said indebtedness and the mortgage securing
the purchase price.
7. PAYMENT OF LOSS
(a) The liability of the Company under this policy shall in no case exceed, in all, the actual loss of the Insured and costs and attorneys' fees which the Company may be obligated hereunder to pay.
(b) The Company will pay, in addition to any loss insured against by this policy,
gation carried on by the Company for the dl costs imposed upon the Insured in liti-
Insured, and all costs and attorneys' fees in litigation carried on by the Insured with the written authorization of the Company.
(c) No claim for damages shall arise or be maintainable under this policy (1) if the Company, after having received notice of an alleged defect, lien 01: encumbrance not excepted or excluded herein removes such defect, lien or encumbrance within a
or (2) for liability voluntarily assumed by reasonable time after receipt of such notice.
the Insured in settling any claim or suit without written consent of the Company, or (3) in the event the title is rejected as unmarketable because of a defect, lien or
this policy, until there has been a final encumbrance not excepted or excluded in
determination by a court of competent juris- diction sustaining such rejection.
(d) All payments under this policy, ex- cept payments made for costs, attorneys' fees and expenses, shall reduce the amount of the insurance pro tanto and no payment shall be made without producing this policy for endorsement of such payment unless the policy be lost or destroyed, in which case proof of such loss or destruction shall be furnished to the satisfaction of the Com- pany; provided, however, if the owner of
shown in Schedule B is an Insured herein an indebtedness secured by a mortgage
then such payments shall not reduce pro
hereunder as to such Insured, except to the tanto the amount of the insurance afforded
extent that such payments reduce the amount of the indebtedness secured by such mort- gage. Payment in full by any person or voluntary satisfaction or release by the In- sured of a mortgage covered by this policy shall terminate all liability of the Company to the insured owner of the indebtedness secured by such mortgage, except as pro- vided in paragraph 2 hereof.
(e) When liability has been definitely fixed in accordance with the conditions of this policy the loss or damage shall be pay- able within thirty days thereafter.
8. LIABILITY NONCUMULATIVE
It is expressly understood that the amount of this policy is reduced by any amounr the Company may pay under any policy insuring the validity or priority of any mortgage shown or referred to in Schedule B hereof or any mortgage here- after executed by the Insured which is a charge or lien on the estate or interest described or referred to in Schedule A, and the amount so paid shall be deemed a pay-
provisions of this paragraph numbered 8 ment to the Insured under this policy. The
shall not apply to an Insured owner of an indebtedness secured by a mortgage shown in Schedule B unless such Insured acquires title to said estate or interest in satisfaction of said indebtedness or any part thereof.
9. SUBROGATION UPON PAYMENT OR
SETTLEMENT
Whenever the Company shall have settled
rogation shall vest in the Company un- a claim under this poky, all right of sub-
shall be subrogated to and be enjtitled to affected by any act of the Insured, and it
all rights and remedies which the Insured would have had against any person or prop- erty in respect to such claim had this policy not been issued. If the payment does not.
shall be subrogated to such rights and cover the loss of the Insured, the Company
ment bears to the amount of said loss. If remedies in the proportion which said pay-
loss should result from any act of the sured, such act shall not void this pol but the Company, in that event, shall required to pay only that part of any lo: insured against hereunder which shall ceed the amount, if any, lost to the CI pany by reason of the impairment of right of subrogation. The Insured, if quested by the Company, shall transfef the Company all rights and reme1 against any person or property necessar)
and shalI permit the Company to use order to pc-rfect such right of subrogati
name of the Insured in any transaction litigation involving such rights or renlec
If the Insured is the owner of the debtedness secured by a mortgage cov by this policy, such Insured may releas substitute.-Sfie personal liability of
debtor or guarantor, or extend or other modify the terms of payment, or re1 a portion of the estate or interest from lien of the mortgage, or release any lateral security for the indebtedness, vided such act des not result in any of priority of the lien of the mortgage
10. POLICY ENTIRE CONTRACT
Any action or actions or rights of ac that the Insured may have or may b against the .Company arising out OF status of the lien of the mortgage cov
interest insured herein must be based by this policy or the title of the estatl
the provisions of this policy.
can be waived or changed except by wr~ No provision or condition of this PI
endorsed hereon or attached hereto sir by the President, a Vice President, Secretary, an Assistant Secretary or ' validating officer of the Company.
11. NOTICES, WHERE SENT
All notices required to be.given the 1 pany and any statement in writing req to be furnished the Company shall bt dressed to it at the office which issuec policy or to its Home Office, 433 : Spring Street, Los Angeles 54, Califc
12. THE PREMIUM SPECIFIED IN SCHE
A IS THE ENTIRE CHARGE FOR TITLE SEA
TITLE EXAMINATION AND TITLE INSURA
8
Title Insurance and Trust Company
FOUNDED IN 1893
68.
69.
70.
71.
72.
73.
74.
75.
76.
71.
78.
79.
80.
81.
82.
83.
If the conditions of this escrow have not been complied with prior to the date set out on line 1, or any extension thereof, you are nevertheless I
complete the escrow as soon as the conditions, except as to time, have been complied with, unless written demand shall have been made upon you nc
to complete it.
ASx $ ...... 89.8 fz... U. S. R. Stamps on deed, to be paid by SELLER ......................................................................................................................................
The following adjustments are required in this escrow:
Interest on Mortgages and/or Trust Deeds of record, and F. 13. A. Mortgage Insurance Premium to ............................. xzk)EzQ .....................................
and funds shown impounded for future payment of taxes, insurance, etc. ; all based on Beneficiary's statement.
Interest on new encumbrances by endorsements on notes to ...............................................................................................................................................
Taxes, including all tax bill items except taxes on personal property not conveyed through this escrow to ..................... $k?~...d...~~.~~~ .....
hosed on current year's tnxes, or, between July 1st land Nbvember' 10th of ;rich ye& based on immediateIy pr'eceding year's taxes. In each case, U!
the figures from the tax hill handed you' by the seller or figures furnished you by title company, without liability on your part as to their correctner
Seller agrees to pay prior to delinquency, any taxes on real and personal property not being sold herein, which tax is a lien on the real proper'
being conveyed. You are not LO be concerned with same.
Rentals on basis of statement furnished by seller, to ........................................... %@!e ............................. : ......, and you are to consider on basis of said re
statement, that seller will collect all rents which fall due prior to the close of this escrow, unless he instructs you in writing to the contrary. No adjur
ment against buyer on uncollected rentals .....................................................................................................................................................................................
84. ....................................................................... ~ ..................................................................................................................................................... 1 ................................
85. _______: ......................................................................................................................................................................................................................................................
86. ............................................................................................................................................................................................................................................... : .............
87. Premium on .................................................... Fire Insurance Policies to .......... mm .... "h...%%%&&a .... @x-..$?%..ilding .....................................
08. situated either on property described above or on premises known as No .....................................................................................................................................
89. ........................................................... You may,assume that premiums, on said polici,es have been paid and that the policies have not been hypothecate
Make prorations on basis 30-day month. "Close of escrow" shall mean the clay papers are filed for record. Make disbursements by your check: chec not presented for payment within six months after date are subject to service charges in accordance Gith Bank's schedule in effect from time to time. Mr be and other insurance policies to holder of first encumbrance, if any. Mail title policy to holder of existing encumbrance, provided there is to be a subs tution of liability; otherwise to the holder of the prior encumbrance recorded concurrcntly with documents herein; but if there is no such encumbranc then to the buyer. Other documents and checks in my favor to be mailed to my address below. If title policy is to be obtained,'procure it from any title COI pany operating in county where property is located, subject to exceptions and conditions contained in said company's regular printed form. I agree to pay on demand for recording deed, mortgage clause on insurance, filling in, notarizing and recording Trust Deed and other documen
necessary on my part,'and buyer's escrow fee as charged.: ......... 1 ...................... : ............ L ........................................................................................................................
edge, even though same concern the property described herein,, provided they do not prevent your compliance with these instructions, nor shall you be liah You shall be under no obligation or liability for failure to inform me regarding any sale, loan, exchange, or other transaction, or facts within your knor
for the sufficiency or correctness as to form, manner of execution, or validity of any instrument deposited, nor as to identity, authority, or rights of any persc executing the same. Your liability as escrow holder shall be confined to the things specifically provided for in my written instructions in this escrowi
of the parties hereto, or any money.or.property deposited herein or affected hereby, you shall have the right to discontinue any or all further acts on yo1 Should you before or after close of escrow receive or become aware. of any conflicting demands or claims with respect to this escrow or the rights of al
part until such conflict is resolved to your satisfaction, and you shall have the further right to commence or defend any action or roceedings for the detr mination of such conflict. The parties hereto jointly and severally agree to pay all costs, damages, judgments and expenses, incluJng reasonable attorneq fees, suffered or incurred by you in connection with, or afising out of this escrow, including, ,but without limitink the'generality of the foregoing, a suit interpleader brought by you. In the event you file a suit in interpleader, you shall. ipso facto be fully released and discharged from all obligations further perform any and all duties or obligations imposed upon you in this escrow.
Buyer's , .. Buyer's Signature ...................................................................................................................... Signature ................................................................................................................. ma
...................................................................................................................................... Address ................................ ~&..~&Ci.~-%EQ..&&YE? ...............................
Brn @ C83LW
,. ... .. , .AI .a, , ' Street
-. I . .i_
.........
90.
91.
92.
93.
94.
.95.
96.
., City .......................................................................... ~...~ ................. 2 zone.: ................................ ~~~~~~~~...~ 1.. ........................ .I
......................................................................, 19 ... 63
.....
.. (Telephone?
SELLER
I HEREBY APPROVE AND AGREE TO BE BOUND BY THE FOREGOING INSTRUCTIONS AND PROVISIONS. PRIOR TO the date set o
on line l,herein, I will hand you all instruments and money necessary for me to comply therewith, including a deed of the property described, executc
by .................................... a@,ufi&..&..3W?@ ............................ ~ ....................................... ~ ................................................................................... ~ ............
which, you are authorized to deliver provided you hold in this escrow for the account of the parties executing said deed .......................................... ~ ......
........................................................................................................................................................................................... the money .................................................
and instruments deliverable to me under these instructions. When property being conveyed is held in Joint Tenancy any cash derived therefrom in th
escrow shall be Joint.Tenancy funds. Pay any liens and encumbrances necessary to place title in the condition called for and the following:
..
.. ..
.. ., .
(Use thiu spncb only if money is to be payable to others than graniors)
108. .............................................................................................................................................................................................................................................................. ... ,.
109. .............................................................................................................................................................................................................................................................
110. You will, as my agent, assign any fire and other insurance of mine handed you or that Beneficiaries inform you they.hold.
111. I agree to pay on demand charges and expenses incurred by you for me, including chnrges for title policy, offset statements and beneficiaries' stal
112. ments and/or demands, filling in, notarizing and recording any documents necessary on my part, transfer of fire insurance if prorated, and:se]lel
113. escrow fee as charged ..........................................................................................................................................................................................................................
114. Credit balance to Check/ng/Savings Account No ...................... ;..:r....in name of ............................................................................................................................
115. or .............................................................................................................. in your. ...................................................................................................................... Bran
Seller's Signature ...................................................................................................................... ... Signature Se11er's .................... cx3ee
Street ................................................................................. ............................................ ............................ ... a,." Address .. , ,.I.*. .
' , .,> .. '' City .............................................................................................................. zone .......................... ..
./ t,
L *
*
'?
* 4 9
............ .... ....-. _,.. I ." .., . . ........... .
. " - .......
,"" - ........ ."_ "-. ._-_ 1^ " ."" .. .~ .. .- . . ~. . "~ -
Parcel l1 At' :
Lots 15 and 16 of the Optimo Trzct, in the City of Carlsbad, County of San Diego, State of California, according to map thereof No. 1805, fi.led in the office of the County Recorder of ;an Diego County September 4, 1924.
Excepting therefrom that portion thereof lying Southwesterly of the following described lines:.
Commencing at a point on the center line of Chestnut Avenue according to map thereof Eo. 1805, distant thereon North 89°0(jf4511 West 57.01 feet frorr, a 2 inch capped iron pipe set for the intersection of said center line and the center line of Eureka Flace, as shown on said nap; thence North 16043128tr West 31.47 feet to the Northerly line of said
Chestnut Avenue; thence North 63°49t30" Ifjest 42.05 feet; thence North ~7000145" Vest 78.82 feet; thence Eorth 23°08'50" West 870.00 feet.
Also excepting that portion of said Lots 15 and 16 which lie Westerly of the West line of the East 50.25 feet of said Lots, and lying North of a line which is parallel with and 180.20 feet Southerly from the North line of said Lot 15.
. ""._ .I '9. STATE~EP~~: .' ' t * 3ECURITY P'IRST 1YATIONAL BANK e ESCROW NO. __ 4: ..
TO Citv of Carlsbad Carlsbad
Legal Description: ion of T,ot 15 of mtimo Tract DOCUMENTS RECORDED 1.
Debits
Deposits - Cash
Total Consideration for - Deed Note
Paid Outside of Escrow (as indicated in escrow instructions)
~ Unpaid Principal Balance - Trust Deed of Record
New Note and Trust Deed
@ o/o from to
1 p. horn to
PRO-
mo. from to
RATA mo. from to
Ins. $ Prem. (d -yr. from to
Commission
IO IL
Payoffs H4E I1 1" -BE I1 ILL I= !I I II Beneficiary's Fee for Furnishing Demand and/or Statement
Water Stock Transfer Fee
Impounds: FHA Mortgage Insurance, Taxes & Assessments and Fire Insurance
Title Company's Charge for Title Policy
Reconveyance Fee
Revenue Stamps
Recording Deed X Trust Deed Reconveyance 2 80
Recording E K Bldg. A/C Recording Notice of Completion
~~ -0 1- Taxes Assessments
Tax Service
Insurance Additional Insurance
Real Estate Loan Fee
Escrow Fee on Sale Purchase X Loan Exch. "-- { Extended Coverage
Transfer and/or Mortgage Clause
II'IL Drawing Deed Trust Deed
Drawing
Notary Fees
Deposited to the Account of
Check Herewith Balance Due This Bank -I::
KEEP THIS STATEMENT FOR INCOME TAX PURPOSES TOTAL 95 $ 5,684 18
2368
ESC 2536 11-60* too IQY The County Recorder has been advised of the address to which you wish your recorded documents mailed.
r';
.*
7. ., q;'~ , ,. I . .: . ,) , ",: , e:/,.
., ,.
.. ,. ,... . d . ., . . , , . , i; ~. ,. :
SECURITY FIRST NATIONAL BANK
Carlsbad
Carlsbad. Address P. 0. Box 158
Date Januars 11, 1963 r 1 Escrow No. 422-2394
City of Carlsbad
2960 pi0 Pic0
Carlsbad, California
L _I
In connection with the above numbered escrow, the items indicated below are enclosed herewith:
Note for $ Title Policy No. 766209
Duplicate Deposit Slip for $g Fire Policy No. ford
Escrow Statement (X ) Fire Policy No. for $b
Check for $ Receipt for
Recorded documents to which you are entitled will be mailed to you by the County Recorder. Any other docun
to which you are entitled, will be sent you as soon as they are available. Title and Fire Insurance Policies, if any
usually held by the party holding the first encumbrance. Paid Notes and Trust Deeds are held by the Trustee.
COUNTY TAXES ON REAL PROPERTY BECOME DELINQUENT AS FOLLOW§: First Instalment
December 10, and Second Instalment after the following April 10. If Buyer does not receive a Tax Bill one n prior to the delinquency date, a written request for same should be made to the County Tax Collector; include
description. Where Lenders impound funds for payment of taxes they usually secure the Tax Bill. Some cities
districts collect their own taxes, which may have different delinquency dates.
Our files indicate the following: A payment on the loan (s) of record is due as shown below:
AMOUNT DATE DUE IN FAVOR OF (or held for collection by) ADDRESS
insurance Company Policy No. Amount of Coverage Expiration.
Please accept our thanks for this opportunity to serve you. We trust that we may continue to be of service to you.
Received the enclosures:
Yours very truly
SECURITY FIRST NATIONAL BANK
Date
IF A COPY of this letter is enclosed, please receipt for the enclosures on the copy and return it to us.
21 37
ESC 2550 3.ez* 100 IOY Transmittal letter
..,Additipnal. . . a Escrow No. ...?.. t22 ____ z 2226 _________.
* Eicrow Instructions , ~CURITY FIRST NATIONAL BAN 72-,>
..*"...e& "".. "..._._ ______-.-__ _."
To: SECURITY FIRST NATIONAL BANK
Cs.7" Branch
My previous instructions in the above numbered escrow are hereby modified-supplemented in the
particulars only :
Title fs tu be vesk?d %s %he Ci%y of Carlsbad, a !~Wiici~ Corgora%ion, batear?
of 8E; Origwy ilnstrplcted.
CITY OF CaRLSisAD
Signature ...-..-....~~-~~~-.-~~.....~~~.--~.~.~.~~~~~~~~.~.~~~-~~~.~~.~.~~~~~~~~~~~~.~.~~~~~~~~~~~~~ S~~atu~e ""~~~.-~-. B~~: ..........................................................
Signature -....-.--..~~~~~~--~-~~.-.-.-.-.-.~.~~~~~~~~.-.-~~.~~~---~~~~.~.~~~~.~~~~~~~~~~~~~.~~~~~.~.- Signatu~e ~~~~~~~~~~~~~~~~~.~.~.~.~~..~.~~.-.~.~...~~~~-~.--~~~~~~~.~~-.~~~~~.~~~~~~..
AL'IjlATEA I$. VAZK;EX
Address _____________________ ______ ___________ ~ ____________________----.---- ~ _______________ ______ ___- Address. __.__._.-._ ~ _._- __ -_______ ____ .___ __.____.__ .-..-. ~ .-.-.-. _-_ .---- _-_ -.-.-. _-.
(CITY) , (ZONE) (CITY ) (21
Phone. _____ ~ _.____ ~ ________ _____ ____ _____ ._________ ______________~_____~_________________.-............ Phone ... _____ __ _._..__ ____ _.__._. ~ ____._ ____ __....___. _._____.___._.-__ -.___. ~ --.---. _.
2165
ESC 2523 3-60* SO IOY
, .-Additlgnal ' .
' Ekerow InStrUdORS 1 ~CURITY FIRST NATIONAL BAN a Escrow No .......b2&222
..."."..S~~~~~~"~~~""--
To: SECURITY FIRST NATIONAL BANK
;"" I Branch
My previous instructions in the above numbered escrow are hereby modified-supplemented in the
particulars only :
The contingent right regaxdfrig cancellation of the a'uove-numbered escrow is herewii
released and you are instructed .to record the grant deed from Vaughn mediately.
., \
Signature .............................................................................. Si~ature-~-.~.BY.:~.- ?Yprn* i, .\ /
/
~ __ "__" __ ___" ___________""___~-.~.""---"-.
Signature ........................................................................................ Si~ature .......................................................................
Address-. ____ ________ ______ _____ ______ ~ _________ _______ _______ ________._____________._______........-Address. _____..____ ~ ____ ___________.______.___ ______. _._____ ----___.--- ___-____ --...
Phone.. _____________ ~ _____ ~ _______________________ ~ ____ ___ ___________ phone ________ ~ _.__ ____ ______________. ____ _____________._. __________ __.__ _____ ---.---.
,!~ /
(CITY) (ZONE) ('CITY) ' (
ESC 2523 3-60* SO 10Y
2165
*.. - .' ' 7
''Em
'II I.
",-,. a T4IT 4PPR4IWL COO INDUSTRIAL
Appraisers an3 VaCuafion 6ngineers
TAlT BLDG. - 1544 WEST BTH STREET
LOS ANGELES 17, .CALIFORNIA m COMMERCIAL
RESIDENTIAL
r DUNKIRK 5-1663 FINE ARTS
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. August' 3, 1961 APPRAISALS
LAND AND TAX
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ECONOMIC AND
INTANGIBLE
City of Carlsbad
2960 Pi0 Pic0 Drive
Carlsbad, California
Gentlemen:
SURVEYS
Re: Order #9359
File #8712
We submit herewlth our appraisal of the real property known as 3366 Pi0 Plco Drive, Carlsbad, California, and legally described as
being Lots 15 and 16 of Optfmo Tract, in the City of Carlsbad,
accordlng to Map #I805 filed in the Offlce of the Recorder of San Dlego
County, September 4, 1925. Title to the property Is in the nyne of
Aleatha W, Vaughn.
It Is our understanding that you desire a "Letter" type report and that
you do not deslre that the appralser spend the time necessary to make a
thorough and comprehensive search of records for comparable sales and
cost breakdown. We understand that this appralsal is to estimate the
Fair Market Value of this subject property for the purpose of purchase
only.
No responsibi 1 ity is assumed by the appralser for matters which are legal
in nature, nor is any oplnion on the title rendered herewith, This
appraisal assume$ good title. Any liens or encumbrances, which may now
exlst have been disregarded and the property has been appraised as though
free of indebtedness and as though no deilnquency In the payment of
general taxes or speclal assessments exIsts.
The subject property consists of approximately 1.66 acres or 73,120 square
feet. There is approximately 1.11 acres in Lot li.6 and .56 acres in Lot 15.
The property Is improved with a two bedroom arid one bath home of approxi-
mately 1,120 square feet. The home is of frame constructlon with a composi-
tion shlngle roof. The interior is of dry-wall constructlon, and only fair
quality of constructlon throughout. The home was built by the present
owner approximately 18 years ago and has not been kept in complete repalr.
The property has streets on three sides. There is approxlmately 460 feet
of froctage on PI0 PIco Drive, 428 feet on Eureka and 35.41 feet on
Chestnut Avenue. Thls area has recently been zoned R-3. The property may
be divlded into eight (8) lots, elther for single family homes or multiple
dwellings. There is no sewer into thls property at the present time, but
will be installed at city expense, In the near future. The completion of
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the sewer line will increase the value of this property, Most realtors, buyers and sellers contacted, indicated that a lot in this area would
have a value of $4,000.00 to $5,000.00. Sales in similar areas indicated
that this price was substantially correct.
Our report establishes a Fair Market Value, which we interpret to mean
the highest price in terms of money which property will bring if exposed
for sale in the open market, with a reasonable time to find a purchaser,
buying with a full knowledge of all the uses and purposes to which it
is adapted and for which it is capable of being used.
Al'though this property would lend itself to the building of single or
multiple dweliings, in our opinion the highest and best use for this
property is for a Church or other pub1 ic use,
Considering the fact that the sewer line will soon be available; the
great amount of frontage and the ease-of dividing this property into
building lots; and its location, necessitates the valuation of this
property from a ~fLot" value rather than l%zrel' value.
After analyzing the New Replacement Cost and Depreciation of the present
tmprovernents; the added value of the shade and ornamental trees and
shrubs and other aspects of this property, it is our opinion that the
herein described property, as of August 3, 1961, has an estimated Fair
Market Value of: Forty Thousand .Dollars, ($40,OOO,OO).
The appra?ser herein certiiles that hls employment to appraise this
property was nct contingent upon the amount of value involved and that
he has no present or contemplated interest in this property.
Very truly yours,
TAlT APPRAISAL COMPANY
SCT:gj ,j
Appraiser: V, R. Day presid?!