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HomeMy WebLinkAbout; SACHTLEBEN, WILLY; 81-157583; Easement' f3rdel; . B-619080 Escrow pJ dmber .................................. 1Lumbcr...4.z.1-7583 ......... - lJ 0 81L36sr5 .. 1 RKCORDING REQUESTED SF 16-41 1 _ ............................................................................................... AND WHEN RECORDED MAIL THIS DEED AND, UNLESS OTHERWISE SHOWN BELOW, MAIL TAX STATEMENTS TO: City of Carlsbad ................................................................................................ 1200 Elm Avenue ........................ Carlsbad , ....................................................................... CA 92008 ................................................................................................ Attn: William Baldwin Asst. City Manager PARCEL NO. : 156-164-23 - FILEIPAGE NO. e-*-m RECORDED REQUEST SMEW TITLE lNSYRAklCE BOOK 1981 MAY21 &QQ i OFFICIAL RECORDS SAP4 DaEGO COUNTY, CB VERA L, LYLE REMDER SPACE ABOVE THIS LINE FOR RECORDER'S USE City of Carlsbad - (City or "Unincorporated") Grant Deed THE UNDERSIGNED GRANTOR fs) DECLARE(s) lIOCT~.\lEST:\RY TRASSFEX TAX is $- a)/ - - a coml.ultlI 011 full value of property conveyed, or computed on full value less value of liens or encumbrances remaining at time of sale, and WILLY SACHTLEBEN, a single man ................................................................................................................................................................................................. ................................................................................................................................................................................................. For a Valuable Consideration, the receipt of which is hereby acknowledged, hereby GR To CITY OF CARLSBAD, a municipal corporation ............................................................................................................................................................................................ ................................................................................................................................................................................................. all that real property situated in the County of .............................................................. State of California, described ; All that portion of the Northwest one quarter Section 6, Township 12 South, Range 4 Bernardino Meridian, in the Cfty of Carlsbad, County of San Diego, State of Califorr as follows: BEGINNING at a point on the Northerly line of TRACT 117 CARLSBAD LANDS, to Map thereof No. 1661 filed for record in the Office of the Recorder of said San 1 distant thereon North 89O57' West 268.02 feet from the Northeasterly corner of said said point of beginning being also the intersection of the said Northerly line of TI the Southerly prolongation of the Westerly line of that portion of the said Northwer Section 6, Township 12 South, Range 4 West, San Bernardino Merlrdian, as conveyed by Coast Land Company to Louis P. and Annie Hoffman by deed dated April 16, 1930, and 1 Book 1763, Page 258, Record of Deeds; thence along said prolongation and said Weste: the land so conveyed to Hoffman North 0'55' West a distance of 342.18 feet to the Nc corner thereof; thence along the Westerly prolongation of the Northerly line of sail land South 89°52'38" West a distance of 121.01 feet to the Northeasterly corner of ' of the Northwest one quarter Section 6, Township 12 South, 'Range 4 West, San Bernarc as conveyed by the South Coast Land Company to Charles and Eunice Bootes by deed da, the Bootes portion South 0°55' East a distance of 341.82 feet to its intersection w: aforementioned Northerly line of Tract 117, Carlsbad Lands; thence along sard North] Tract 117, Carlsbad Lands, South 89O57' East a distance of 121.01 feet to the POINT San Diego . 1931, and recorded in Book 39, Page 378, of Official Records; thence along the East' CERTIFICATE OF ACCEPTANCE BY THE CITY OF CARLSBAD IS ATTACHED HERETO Dated ........ &%~..~.~..A%.~ .......................... ............................................................................... ~ -. STATE OF C,ILIFO k-7- <- /,e a, )ss. /+/ i' ..... 4' :. (1, ,<,-. .................... COUNTY OF ... i LE,?; .:/:&.<:...;?.:4d; " .............. *Z/,".4< ~"-~~~..~-~~.~~.-~~~~.~..~~~~~~~~~.~~ on^.^^^^^-^^^:.,-_^...,.......,-.^..^^.^.^.. before me, the under- ;" c ., , Will/ Sachtleben ...... signecl, a Notaryr&'ub]ic ./ . in acd for said State, personally appeared ....................................................................................... ....................................................................................................................... Willy Sachtleben ........................................................................................................................................................................................................... ...................................................................................................................... .................................................................................................... known to me to he the person ............ whose name ........ is. ..subscribed to the within instrument and acknowledged that ......... he. ........... executed the same. WITNESS my hand and ogcial seal. "-- -. I " i' ,,' -,' , /' , +*; / Signature ................................. gi ................... L ...-..... -.,. '/, .: ............... j' A-../' ~ - 8."- ,+4:- ,,' ,sz/ / "","5 '/ ,, (This area for official notarial seal) MAIL TAX STATEMENTS TO PARTY SHOWN ON FOLLOWING LINE; IF NO PARTY SHOWN, MAIL AS DIRECTED ABOV (Name) e e % a2 6 8 6 w 0 !+ % 5 c) Y Z 2i 5 2 0 Z 0 0 - u, - s E II: 0 3 a u( ~~ ~ qt*,?d4 . 'i' 5 > > &' ;z ,. I, ,I ' -\ ,! ." " '$ .* -.J- *: .. . :. i' .. . ". ., ' i 0 0 SAFE@O * POLlCV OF TITLE INQURANC€ SAFECO TITLE INSURANCE COMPANY SUBJECT TO SCHEDULE B AND THE CONDITIONS AND STIPULATIONS HEREOF, SAFECO TITLE INSURANCE COMPANY, a California corporation, herein called the Company, insures the insured, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the amount of insurance stated in Schedule A, and costs, attorneys' fees and expenses which the Company may become obligated to pay hereunder, sustained or incurred by said insured by reason of: 1. Title to the estate or interest described in Schedule A being vested other than as 2. Any defect in or lien or encumbrance on such title; 3. Unmarketability of such title; or 4. Any lack of the ordinary right of an abutting owner for access to at least one physically open street or highway if the land, in fact, abuts upon one or more such streets or highways; stated therein; and in addition, as to an insured lender only: 5. Invalidity of the lien of the insured mortgage upon said estate or interest except to the extent that such invalidity, or claim thereof, arises out of the transaction evidenced by the insured mortgage and is based upon a. usury, or b. any consumer credit protection or truth in lending law; mortgage being shown in Schedule E3 in the order of its priority: or shown in Schedule B. 6. Priority of any lien or encumbrance over the lien of the insured mortgage, said 7. Invalidity of any assignment of the insured mortgage, provided such assignment is hq -,;:,' ~,.,:- ':i ,"~.\"~~.~+ ~~~ . ". ~ ., , '~, 2,. '~ . .,_ ",,? " .+~ .- :. '; & ,; ; :: (% a* , , . /. ,, ,, :,, 'Z. r ,'~= I .' I ,. ,-, ,, .. ~, ,, I C' , '" ' ,, WSYd Secretary ,. President ,- ~ I., ~ CLTA STANDARD COVERAGE POLICY - 1973 CAP-218 (Rev. 4-80) 1. Definition of Terms The following terms when used in this policy mean. (a) Insured”: the insured named in Schedule A, and, subject to any rights or defense the Company may have had agarnst the named Insured. those who succeed to the Interest of such Insured by operation of law as distrnguished from purchase Including, but not limited, heirs, dis- tnbutees. devlsees. survivors, personal repre- sentatives, next of kin, or corporate or fiduciary successors. The term “insured” also includes (i) the owner of the indebtedness secured by the insured mortgage and each successor in ownership of such indebtedness (reserving. however. all rights and defenses as to any such successor who acquires the indebtedness by operatron of law as described In the first sentence oi this subparagraph (a) that the Company would have had against the successor’s trans- feror). and further Includes (ii) any govern- mental agency or instrumentality which is an Insurer or guarantor under an Insurance contract or guaranty insuring or guaranteeing said in- debtedness. or any part thereof, whether named as an Insured herern or not, and (Iii) the parties designated in paragraph 2(a) of these Con- ditions and Stlpulatrons. rb) Insured claimant an insured clalmlng loss or damage hereunder CC) Insured lender’ the owner of an Insured mortgage cd) Insured mortgage”, a mortgage shown In Schedule 6. the owner of which IS named as an insured In Schedule A. iei knowledge.’ actual knowledge. not constructive knowledge or notice which may be imputed to an Insured by reason of any publlc records. (0 ‘land”. the land described, speciflcally or by reference In Schedule A. and Improvements aiilxed thereto which by law constitute real property, provided. however. the term land. does not Ir,clude any area excluded by Paragraph No 6 of Part I of Schedule B of this Pohcy (31 mortgage’ mortgage, deed of trust. trust deed, or other security Instrument. (h) pubhc records’. those records which by iaw Impart constructive notice of matters re- lating to the land 2. (a) Continuation of Insurance after Acquisition of Title by Insured Lender If this policy insures the owner of the indebt- edness secured by the Insured mortgage, this policy shall continue in force as of Dateof Policy in favor of such insured who acquires all or any part of the estate or Interest in the land described in Schedule A by foreclosure, trustee’s sale, con- veyance in lieu of foreclosure, or other legal manner which discharges the lien of the insured mortgage. and ii such insured is a corporation, Its transferee of the estate or interest so $&qulred, provided the transferee IS the parent or wholly owned subsidiary of such Insured: and in favor of any governmental agency or instrumentality which acquires ali or any part of the estate or Interest pursuant to a contract of Insurance or CONDITIONS AND STIPULATIONS guaranty Insuring or guaranteeing the indebt- edness secured by the insured mortgage. After any such acquisition the amount of insurance hereunder, exclusive of costs, attorneys‘ fees and expenses which the Company may be obli- gated to pay, shall not exceed the least of: 11) the amount of insurance stated In Scileduie A. III) the amount of the unpaid principal of the Indebtedness plus interest thereon, as determlned under paragraph 6(a) (iii) hereof. expenses of foreclosure and amounts advanced to protect the lien of the insured mortgage and secured by said Insured mortgage at the time of acqulsltlon of such estate or interest in the land; or (III) the amount paid by any governmental agency or Instrumentality, if such agency or Instrumentality IS the Insured claimant in ac- qulsltron of such estate or interest in satisfaction oi its Insurance contract or guaranty. (b) Continuation of Insurance after Con- veyance of Title The coverage of thrs policy shall continue in force as of Date of Policy, in favor of an insured so long as such insured retains an estate or interest in the land. or owns an Indebtedness secured by apurchase money mortgage given by a purchaser from such insured. or so long as such Insured shall have liability by reason of covenants of warranty made by such insured in any transfer or conveyance of such estate or Interest: provided, however. this policy shall not continue in force In favor of any purchaser from such insured of either said estate or interest or the indebtedness secured by a purchase money mortgage given to sucn Insured 3. Defense and Prosecution of Actions Notice of Claim to be Given by an Insured Claimant (a) The Company at its own cost and without undue delay. shall provide for the defense of an Insured in litigation to the extent that such iiti- gatlon Involves an alleged defect, lien, encum- brance or other matter insured against by this policy rb) The Insured shall notify the Company promptly in writing (i) in case of any litigation as set forth In (a) above, (Ii) in case knowledge shall come to an insured hereunder of any claim of title or Interest which IS adverse to the title to the estate or Interest or the lien of the insured mortgage. as Insured. and which might cause loss or damage for which the Company may be liable by virtue of this policy, or (iii) if title to the estate or interest or the lien of the insured mortgage. as Insured. IS rejected as unmarket- able !i such prompt notice shail not be given to the Company. then as to such insured all liability of the Company shall cease and terminate in regard to the matter or matters for which prompt notice IS required: provrded, however, that failure to notliy shall in no case prejudice the rights of any Such Insured under this policy unless the Company shall be prejudiced by such failure and ihen only to the extent of such prejudice ic) The Company shaii have the right at its own cost to institute and wIthout undue delay prosecute any action or proceeding or to do any other act which in its opinion may be necessary or desirable to establish the title to the estate or interest or the lien of the insured mortgage, as Insured: and the Company may take any ap- propnate action, whether or not It shall be liable under the terms of this policy, and shall not thereby concede liability or waive any provision of this policy. (d) Whenever the Company shall have brought any action or Interposed a defense as required or permitted by the provisions of this policy. the Company may pursue any such liti- gation to final determination by a court of com- petent junsdictlon and expressly reserves the right, in its sole discretion, to appeal from any adverse judgment or order. (e) In all cases where this policy permits or requires the Company to prosecute cr provide for t!-,e defense of any actlon or proceeding, the insured hereunder shall secure to the Company the right to so prosecute or provide defense in such action or proceeding, and all appeals and therein. and permit the Company to use, at its own op:lon, the name of such Insured for such purpose. Whenever requested by the Company. such Insured shall give the Company, at the Company’s expense, all reasonable aid (1) In any such action or proceeding ineffecting settle- ment, securing evidence, or prosecuting or de- fending such action or proceeding, and (2) In any other act which In the opinion of the Company may be necessary or desirable to establish the title to the estate or interest or the lien of the insured mortgage, as insured, including but not limited to executing corrective or other documents. 4. Proof of Loss or Damage - Limitation of Action In addition to the notices required under Paragraph 3(b) of these Conditions and Stipulations, a proof of loss or damage, signed and sworn to by the insured claimant shall be furnished to the Company within 90 days after the insured claimant shall ascertain or determine the fact giving rise to such loss or damage. Such proof of loss or damage shall describe the defect In, or lien or encumbrances on the title, or other matter insured against by this policy which constitutes the basis of loss or damage, and, when appropriate, state the basis of calculating the amount of such loss or damage. Should such proof of loss or damage fail to state facts sufficient to enable the Company to determine its liability hereunder, insured claimant, at the written request of the Company, shall furnish such additional information as may reasonably be necessary to make such deter- mlnatlon. No right of action shall accrue to insured ciarmant until 30 days after such proof of loss or damage shall have been furnished. Failure to furnish such proof of loss or damage shall terminate any liability of the Company under this policy as to such loss or damage. tCondit!ons and St!pulations Cortlnued and Conc.,Jed on Last Page oi this Policy) 0 - w SCHEDULE A Policy No. B-619080 Charge $709.50 Amount of Insurance: $210,000.00 Date of Policy: May 21, 1981 at 8;OO a.m. 1. Name of Insured: CITY OF CARLSBAD, a municipal corporation 2. The estate or interest in the land described herein and which is covered by this policy is : A FEE 3. The estate or interest referred to herein is at Date of Policy vested in: CITY OF CARLSBAD, a municipal corporation 4. The land referred to in this policy is situated in the State of California, County of San Diego, and described as follows : SEE EXHIBIT "A" ATTACHED 0 w B-619080 EXHIBIT "A" All that portion of the Northwest one quarter Section 6, Township 12 County of San Diego, State of California, described as follows: Beginn: at a point on the Northerly line of Tract 117 Carlsbad Lands according to Map thereof No. 1661 filed for record in the office of the Recorder of safd San Dfego County, distant thereon North 89'57' West 268.02 feet from the Northeasterly corner of said Tract 117, said point of beginnin, being also the intersection of the said Northerly line of Tract 117 and the Southerly prolongation of the Westerly line of that portion of the said Northwest quarter section 6, Township 12 South, Range 4 West San Bernardino Meridian, as conveyed by the South Coast Land Company to Louis P. and Annie Hoffman by deed dated April 16, 1930, and recorded il Book 1763, Page 258, Record of Deeds; thence along said prolongation anc said Westerly line of the land so conveyed to Hoffman North 0'55' West g distance of 342.18 feet to the Northwesterly corner thereof; thence along the Westerly prolongation of the Northerly line of said Hoffman land South 89°52'38" West a distance of 121.01 feet to the Northeaster1 corner of that portion of the Northwest one quarter section 6, Township 12 South, Range 4 West, San Bernardino Neridian, as conveyed by the South Coast Land Company to Charles and Eunice Bootes by deed dated October 6, 1931, and recorded in Book 39, Page 378, of Official Records thence along the Easterly line of the Bootes portion South 0'55' East a distance of 341.82 feet to its intersection with the aforementioned Northerly line of Tract 117, Carlsbad Lands; thence along said Norther1 line of Tract 117, Carlsbad Lands, South 89'57' East a distance of 121.01 feet to the Point of Beginning. South, Range 4 West, San Bernardino Meridian, in the City of Carlsbad, w w SCHEDULE 6 This policy does not insure against loss or damage, nor against costs, attorneys’ fees or expenses, any or all of arise by reason of the following: PART I 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that I taxes 01 assessments on real property or by the public records. Proceedings by a public agency which may result in taxes or assessments, or notices of such proceec whether or not shown by the records of such agency or by the public records. 2. Any facts, rights, interests or claims which are not shown by the public records but which could be ascertain an inspection of the land or by making inquiry of persons in possession thereof. 3. Easements, liens or encumbrances, or claims thereof, which are not shown by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a c survey would disclose, and which are not shown by the public records. 5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issL thereof; (c) water rights, claims or title to water. 6. Any right, title, interest, estate or easement in land beyond the lines of the area specifically described or refer, in Schedule A, or in abutting streets, roads, avenues, alleys. lanes, ways or waterways, but nothing il paragraph shall modify or limit the extent to which the ordinary right of an abutting owner for acess to a phys open street or highway is insured by this policy. 7. Any law, ordinance or governmental regulation (including but not limited to building and zoning ordinal restricting or regulating or prohibiting the occupancy. use or enjoyment of the land, or regulating the char; dimensions or location of any improvement now or hereafter erected on the land, or prohibiting a separat ownership or a reduction in the dimensions or area of the land, or the effect of any violation of any suct ordinance or governmental regulation. 8. Rights of eminent domain or governmental rights of police power unless notice of the exercise of such r appears in the public records. 9. Defects, liens, encumbrances, adverse claims, or other matters (a) created. suffered, assumed or agreed the insured claimant; (b) not shown by the public records and not otherwise excluded from coverage but kt to the insured claimant either at Date of Policy or at the date such claimant acquired an estate or interest In: by this policy or acquired the insured mortgage and not disclosed in writing by the mured claimant tl Company prior to the date such insured claimant became an insured hereunder; (c) resulting in no lo damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting In IC damage which would not have been sustained if the insured claimant had been a purchaser or encumbranc value without knowledge. (Schedule B continued on next page of this Policy) SCHEDULE B-PART I Califorma Land Title Assoctation CAP-218-B (Rev. 9-79) Standard Coverage Pollcy-1973 L e w w B-619080 PART I1 1. General and special district taxes, a lien not yet payable, for th fiscal year 1981-82. 2. The right of the public to use that portion of the herein describec property lying within Stratford Lane and R. S. 691 (Laguna Drive). 3. A right of way and incidents thereto for public road purposes, as conveyed to the County of San Diego by deed recorded April 28, 1931 in Book 1887 Page 227 and particularly described as the Southerly 40.00 feet . - .I L' ,., . "' L e 0 1442 CERTIFICATION FOR ACCEPTANCE OF DEED This is to certify that the interest in real property conveyed by the deed or grant dated May 5, 1981 from lzlilly Sachtleben, a sinqle man to the City of Carlsbad, California, a municipal corporation, is hereby accepted by the City Council. of the City of Carlsbz California pursuant to resolution No. 6527 , adopted on May 1'9, 1981 , and the grantee consents to the recordation thereof by its duly authorized officer. ,. , , .\ , ' ,.,..., , f:;:::.. . . :, . ___ :. \ . ._x. DATED: May 20, 1981 . \. By : ...>-< :., . .. .,. ,. ~ , .:.. , - .. ' ." "_ . -- '. , '.\ ' . -.:.?, ; , 1 , -, , ,, .. , @ co' z5 2;s: Q -a 0- c, mo 7~ nx 0 07 zv, - CD rn -I- -Lm 5: 5 WJ Dm - 25 0 -. z, v, a- zc2 "9 G: m e @ ww - -7 'B rl 01 ci z k 3) :$ ! 8.. 11' 'i "Yd i " . - . - .". @ 5. ~v..y-ua-ya-c .. q " & .. CONBlTiONS AND STlkJLWTIOXS * fContinued and Concluded From Reverse side o: Policy Face) * 5. Options to Bay or Othemise Settle Claims encumbrance cr establishes the"I?le-oiihe lien oi i!en of the irisured mortgage, and Options to Purchase lndebtedness the !nsurea mortgage. as insured. wlthin a ccilaterai securrty for rhe indebte( The Company shall have the option to pay or otherwlse settle for or in the name of an Insured cialmant any clam insured against, or to ter- rnlnate all iiabllity and obligations of the Company hereunder by paying or tendering payment of the amount of insurance under this pol~cy together wlth any costs, attorneys' fees and expenses curre red up to the trme of 8uGh payment or tender of payment by the Insured claimant and author- [zed by the Company In case loss or damage is cialmed under this policy by the owner of the Indebtedness secured by the insured mortgage, the Company shall have the further option to purchase such indebtedness for the amount owlng thereon together with all costs, attorneys' fees and 8xpenses which the Company is ob- ligated hereunder to pay. If the Company offers to purchase said indebtedness as herein pro- vided, the owner of such indebtedness shali transfer and assign sard indebtedness and the mortgage and any collateral securing the same to the Company upon payment therefor as herein provided. Llpon such offer being made by the Company, all liability and obligations of the Company hereunder to the owner of the In- gage, other than the obligation to purchase said indebtedness pursuant to this paragraph, are terminated. 6. Determination and Payment of Loss debtedness secured by said insured mort- (a) The liability of the Company under this poky shall In no case exceed the least of: [I) the actual loss of the insured claimant; or (11) the amount of Insurance stated in Schedule A. or, if applicable, the amount of In- surance asdeflned in paragraph 2(a) hereof; or (111) If thls policy Insures the owner of the In- debtedness secured by the Insured mortgage, and provlded sald owner IS the insured claimant, the amount of the unpald principal of said In- debtedness. plus interest thereon, provided such amount shail not include any additional principa! Indebtedness created subsequent to Date of Pol~cy. except as to amounts advanced to protect the hen oi the insured mortgage and secured thereby (b) The Company will pay, In addition to any ioss insured against by thls poky, all costs Im- posed upon an insured In lltigation carried on by the Company tor such Insured, and all costs. attorneys fees and expenses in litigation carried on by such Insured wlth the wrltten authorization of the Company. (c) When the amount of loss or damage has been deilnitely fixed in accordance with the condltlons of this policy, the loss or damage shall be payable within 30 days thereafter. 7. Limitation of Liability No clam shall arise or be maintainable under thls policy (a) if the Company, atter havmg recelved notice of an alleged defect, lien or en- cumbrance Insured agalnst hereunder. by liti- gatlon or otherwise, removes such defect, lien or CAP-218 (Rev. 4-80) reasonable me ailei recerpt of such notice: (b) rn the event of iitlgation until there has been a final aetermlnaiion by a court of competent jurlsdic- adverse tc the xle or to the hen of the Insured mortgage, as insured, as provided in paragraph 3 hereof. or IC) for habllity voluntarily admitted or assumed by an Insured without written consent of the Company 8. Reduction ~f Insurance; Termination of Liability All payments under this policy, except payments made for costs, attorneys' fees and expenses. shall reduce the amount of the in- surance pro tanto; provided, however, if the owner of the Indebtedness secured by the Insured mortgage IS an insured hereunder, then such payments. prlor to the acquisition of title to said estate or Interest as provided in paragraph 2(a) of these Condrtions and Stipulations, shall not reduce pro tanto the amount of the insurance afforded hereunder as to any such insured, except to :he extent that such payments reduce the amount of the indebtedness secured by such mortgage. Payment in full by any person or voluntary satlsfactlon or release of the insured mortgage shall termlnate ali lrabllity of the Company to an Insured omner of the indebtedness secured by the Insured mortgage. except as provided in para- graph 2(a) hereof 9. Liability Noncumulative It IS expressly understood that the amount of Insurance under this pol~cy. as to the insured owner of the estate or interest or Interest covered by this pol~cy. shall be reduced by any amount the Company may pay under any policy In- surlng (a) a mortgage shown or referred to In Schedule B hereof whlch IS a lien on the estate or Interest codered by this policy, or (b) a mortgage hereafter axecuted by an insured which IS a charge or :ien on the estate or interest described or referred to In Schedule A, and the amount so pald shali be deemed a payment under this policy. The Company shall have the option to apply to the payment cf any such mortgage any amount that insured owner of the estate or Interest covered by ths polic) and the amount so paid shall be deemed a payment under thls policy to sal0 Insured owner The proiiisrons of thls paragraph 9 shall not apply to ar, owner oi the Indebtedness secured by the Insured mortgage. unless such Insured acqulres title to sald estate or interest In satls- factlon of said Indebtedness or any part thereof. IO. Subrogation Upon Payment or Settle- ment Whenever the Company shall have pard or settied a clam under thls policy, ail right of subrogatlon shall vest In the Company unaffected by any act of the Insured clamant. except that the owner of the indebtedness secured by the insured mortgage may release or substitute the personal llabllrty of any debtor or guarantor. or extend or otherwse modify the terms of payment, or re- lease a portlon of the estate or interest from the tion. and jisposition oi all appeals therefrom. otherwise would be payable hereunder to the such act occurs prior to receipt b nctce of any clam of title or rntc the trtie to the estate or Interest 1. the hen oi the insured mortgagc result In any loss of priority of Insured mortgage. The Compan! rogated to and be entitled to remedJQ3 Wt'llGh SUGh \R5U\f$ ( have had against any person respect to such claim had thls I Issued, and the Company IS her and empowered to sue, compror Its name or In the name of the Ins extent of the loss sustained by tF requested by the Company, the execute any and all documents tc wlthin subrogatlon. If the payment the loss oi such Insured clamant shali be subrogated to such right5 rn the proportion which sald paymc amount of sald loss, but such subrc In subordmatron to an Insured mi shouid result from any act of clamant, such act shall not void 1 the Company, in that event, shi oi the losses insured against he1 shall exceed the amount, ~f an' Company by reason of the impalrn- of subrogation. 11. Liability Limited to this Poli Thls Instrument together with all and other Instruments. ~f any, attac the Company IS the entlre policy between the Insured and the Comp. Any clam oi loss or damage, v based on negligence; and which ar status oi the lien of the insured mor tltie to the estate or Interest cove1 any actlon asserting such clalm. trlcted to the provlsions and conc puiations of this poky. Insured clalmant be requlred to pa No amendment of or endorsemer can be made except by writing end or attached hereto signed by either 1 a Vice President, the Secretary, Secretary, or validating officer c signatory of the Company. No payment shall be made withc thls policy for endorsement of s unless the policy be lost or destro case proof of such loss or destruc furnished to the satisfaction of the C 12. Notices, Where Sent All notices required to be given t and any statement in writing re( furnished the Company shall be add the office which issued this policy or SAFECO Title Insurance Compan Home Office Legal Department 13640 Roscoe Boulevard Panorama City, California 91409 13. THE CHARGE SPECIFIED IN! IS THE ENTIRE CHARGE FOR TIT1 TITLE EXAMINATION AND TITLE II " $ $8 <. a- mO 0 pi Q-l 9- <rn D D fV) Bo g !? an - =-. P 7 D i I grn u) CnB Iflo P IJ T <m $"O 3g400 CAE 0 !? ; EO 3-m E ngg Dr< % i rn gd $s n-l 0 0 mn CD zv, ED 3- 1" 00 "0 0-i 54 0 :: . XI