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P-172 "I' ~ , Incorporated October 28!h1895 P.&U!D; ~p &1<Pl!'I1'iu.., $500~<<IJJOO1~ SJlIIRIPmoIlTS at 1ITh"'DR"'IIDIil:D PRi01J1llliT8 . 4o,<<IJJO. GOO OLD OF~ICERS a DiRECTORS IRViNG H, HELLMAN W. H,HOLUDAY, PRESIDENT MERCHANTS NATION^L 6...1'11<. W. L. GRAVES, V'CI';";PRE51 UE'HMt:R,-HANIS N"'T1QrlAL BAN" LOU IS VI, COLE J.B8ROKAW E, W.SARGENT, V'CE PRESIDENT MARCO T. K, HULM E, TRU5T OrFICER L.C BRAND, ..JAMES EDMONDSON DANIEL McPEAK,VICE PRE<;,Oli:NT A. F MORLAN,5ECRETAflY & M....NAGER LEGAL DEPARTMENT E. W,SARGENT CONSULTING ATTY'S W,G. COOKE TAN Nf'R, o'DEl.L, O'DELL 8. TAFT M,L.WtirTE C..J.WllLETT, PASADENA 5/{/ % d, ~~ c, ~ /a:i~;/'71?-e/'8ij; 'aaY. 120/387 ~Uttrttutrr 320066 ; After a careful examina#on of the OjJicial Records of tlte County of Los Angeles, State of California, atld of the records of the Federal OjJices located at Los Angeles, i~l relaHon to the title of that certain real property hereinafter described, the IDttlr ~Uttrttutrr ttU~ IDruat Clrnmptttty A corp<lra.tion. ba"ing its principal place of business in the City ~nd County (If I..<I~ Angeles. State of California hereby GUARANTEES that tIle title to said property as it appears from said records, is vested in o I T Y o F SANTA M 0 N lOA. a municipal oorporation. Free of Inoumbrances. EXCEPT: 1st-The seoond installment of Taxes on all of Lots 16 and 17 for the fiscal year 1917-18. Amount $33.57. Assessment No. 175366. 2nd-An easement three (3 ) feet wide for sewer. water, gas . eleotric and telephone poles and garbage oans over the Northerly portion of said lots as reoited on the map hereinafter referred to. DESCRIPTION. That portion of Lots Sixteen (16 ) and Seventeen (17) of the Carl F. Sohader Seaside Terrace. in the City of santa Monica, Oounty of Los Angeles, state of Oa1ifornia. as per map recorded .., '!;. .;,':' ^f .be: eel .::;tt=. /72- J4D 320066 -2- in Book 17. Pages 10 and 11 of Maps. in the office of the County Recorder of said County, described as follows:- Beginning at a point in the South East line of said Lot Sixteen (16), said point being eight and one hundredth (8.01) feet North Easterly from the most Southerly corner of said Lot Sixteen (16); thence North forty-five degrees (450) forty-one minutes (41') East forty-six and seven hundredths (46.07) feet; thence North forty-one degrees (410) eleven minutes (11') West sixty-eight and eighty-eight hundredths (68.88) feet; thenoe South forty- five degrees (450) thirty-eight minutes (38') West forty-six and seven hundredths (46.07) feet; thence South forty-one degrees (410) eleven minutes (11') East sixty-eight and eighty-five hundredths (68.85) feet to the point of beginning. NOTE I-The deed from Carl F. Schader "SeaSide Terrace." a oorporation. to the City of Santa Monioa. dated January 24th. 1918. filed for reoord February 15th, 1918. oonveying the herein- before described property recites:- "This conveyance is made in further consideration that the City of Santa Monica agrees to immediately pave. sidewalk and ourb the lands so conveyed by the Carl F. Schader "Seaside Terrace," a California corporation, and the City of Santa Monica, agrees further to immediately oil and grade the road- way space eo oonveyed by said Carl F. Schader "Seaside Terraoe." a California oorporation, and the City of santa Monica further agrees. within one year from the date hereof, to pave the lands conveyed by the said Carl F. Sohader "Seaside Terrace." a California corporation. for roadway purposes with four (4) inch oonorete payvement. all of said improvements to be so constructed by said City of Santa Monica without any cost to n'1.. . . MD 320066 -3- any property in the said Carl F. Schader "Seaside Terrace." and without any cost to the said Carl F. Schader "Seaside Terrace." oorporation. Upon failure on the part of the City of santa Monica either directly or under Bome evasive guise to fully comply with the conditione and terms herein set forth the title to all of the property herein conveyed shall revert to and be vested in the party of the first part. its successors or assigns. and it or they shall be entitled to the immediate possession thereof." 2-No examination has been made as to franchise tax assessed by the state of California against Carl F. Schader Seaside Terrace, a corporation. for the fiscal year 1917-18. nor as to license tax aBsessed by said State against said corporation for the year 1918 in ~uarautrr born unt iudubr au r.xamiuatiou of: First: Municipal Records and Liens created by the act of any city, other than the City of Los Angeles. Second: Proceedings to construct sewers, improve and open streets and alleys, in the City of Los Angeles, until said streets or alleys are established, and the amounts of the benefits or liabilities assessed are determined, and by notice of record, become a lien under the statute. Third: Irrigation, Drainage, Reclamation, Protection, Sanitary and Levee District Records. Fourth: Mining Locations, Existing Roads, Reservoir Sites, Easements for Water Locations and Rights reserved in U. S. Patents. 11u mtsttmnuy 'IIlrtrtnf the mtttt o;uatauttt nub mtust Clrnmpauy has caw;ed these presents to be duly signed by its President, and attested by its__Secretary under its Corporate Seal this 15th day of Feb~ry. 1916. At A:~. M. mUlr ~uarnlttrr nub mrunt OJompnul1 814/266 BY~ e . 03~~ President Passed by ~!~ Attest a r !?z~-'> Attorney _ Secretary L 2'1/ t Pial--" C5 hoPl/0.5' ~f- 1.01.:;; /6Qr;q' /7 -,,' (01"/ r CJc17roder c5 eo cyde Terroce:--- os per map recorded In CBooJc /7 j:J~e:5 /0 -j j ----..1 Mop:5 :__ L.:., CI Gh-Ca J Ii'! -::l C ~ ~ 100 C ~ <..::> 0 .' .,1 J1~ . ,." II ( . . i I 1 jl THIS IlmENTUHE, Hade this 24th day of January, 1910, be... 2) tween CARL F. SCHADF.B "SF..A,SIDE TJl'..RRACE", a corporatinrl organized 5 Ij and existing under the la-we of the state of California, arin" hav- 4 lng its principal pla.ce of businesB in the City of Santa Monica, 51 County of Loa Angeles, state of california, party of the first - ~ :1 part J and the CITY OF SANTA MONICA, a municipal corporation of' the state of California, party of the second part, WITNESSETH: 811 That the said party of the first part, for &din consld- -, 91 eration of' the sum of' Ten Dollars ($10.00) lawful money of the ~ 10 I, united state. of Americ.. to it in hand paid by the part of the ,> 11 II second part, the receipt whereof is herel)y acknowledged, and 12 II other valuable considerations, does by these presents grant and 13 convey unto the said party ot the second part tor use QS a pub" 14 lie street, subject to the reservations and excepticns hereln- 15 after set fartll, all that certain parcel at land situate, lying 16 and being :in the City of Santa ]'[onica, County of 1.08 Angeles, ~ 17 state of California particularly ~eecribed as folloWB1 to-wit: 18 Beginning at a point in the B01.l.theast line of Lot 16, Carl 19 I F. Schader "Seaaide Terrace", as recorded in Book l'?, Pages 10 20 I and 11, of Uaps, Records of LOB Angelea County, aaid point being \ 21 Eight and 1/100 (8.01) feet northeasterly from the most so~therly 22 I corner of Lot 16, said Carl F. Schader "Seaside Terrace"; thence 231, north 45 degrees 41 minu.tes East Forty Six and 7/100 (46.0?) 2411 feet; thence lIorth 41 degree. 11 minute. We.t gixty Eight and 25 II B8/100 (68.80) feet; thenc e south 45 degrees 38 minutes West ,"'.......,""'.-f611 Forty Six and '1/100 (46.0'7) feet; thence South 41 degrees 11 271 ,I minutes F.sat Sixty Eight and 85/100 (68.85) feet to the point of ...' 28 I, II beginning. 8.S per plat hereto attached and made a part hereot". 29[ This conveyance is made in further consideration that the 30 I City of Santa Monica a.grees to iMuediately pave, sidewalk and I 31 curb the lands so conveyed by the Carl F. Schader "Seaside Ter- I 3211 race", a California cOl'poration, and the city of Sa,nta }roanies I II 4m I ---------- r ,'I, II ,~ , r . I Ii I I I! i 1 II agreee further to immediately oil and grade the roadway .pace .0 I I I 211 conveyed by said Carl F. Schader "Seaside Terrace", a California I ::; i corporation, and the City of santa lItonica further agrees, within' ! I 4 one year from the date hereof, to pave the lands conveyed by 5 I[ the said Carl F. Schader "Seaside Terrace", a California corpore,- a I tion for roadway purposes with four (4) inch concrete pavement, 7 I all of said improvements to be so constructed by said City of I 8 ,I San ta Monica wi thout any cost to any property in the said Carl II I' rold without any cost to the said 9 Ii F. Schader "Geaside Terrace", Ii lOtarl F. Schader "SeaBide Terrace" corporation. -+ II! f. The par\, of the first part al,so grants to the party Qf the I' ., 12 I second part all easement for sidewalk purposes over and along an I I 13 I eight (8) foot strip abutting and fronting on either side of the I I 14 : premises hereinbefore conveyed, reserving the ri~lt for the party i I 15 I of the first part. or its ass it;.ll S , to build, erect or maintain I I 16 I (8) foot strip, structures not lees than nine (9) I over said eight I 17 I feet in the clear abo~e the official grade, and to erect, bui Id I 18 I . and maintain columns 01' pillars to support the structures so 19 erected over said eight (8) foot strip, aaid columns or pillara 20 to be erected so that no part of them shall extend more than two 21 (2) feet from the curb line inside of said eight (8) foot strip. 22 The party of the first part a.lso grants to the party Oi' the 23 second part an easement for municipal and public utility purposes 24 over the easterly eight (8) foot strip of land one (1) foot in 25 width, being parallel to and two (2) feet distant from the north~ 26 easterly line of the property conveyed to the City of Santa Honica 27 by the Carl F. Schader "Seaside Terrace" corporation thiB date, , ,.. 28 and an easement giving the right to construct and IIlainta1n meter 29 boxes and fire hydranta on the eight (8) foot Rid/!Wslk strip 30 I adjoining the westerly and easterly curbs of' the lands conveyed. .:::.. 31 il Nothing herein shall be eo construed as to give to the Cit'y of 3211 Santa ,ronica any right to er.ect Dr maintain any pOle. on any cf I (2) . ,'" I. ~'f . f I - 'I II I 'I I' II 111 sai4 lands. I 211 "'f Upon failure on the part of the City of santa Uon1ca, either I I I 3 directly or under some eva~ive guise, to fully comply with the I I 4 conditions wld terms herein Bet forth, the title to all the prop- I 1 i 5 erty herein conveyed shall revert to and be vested in the party 6 pf the first part, its successors or assigns, fin,l it ot' they I 7 shall be entitled to the immediate possession thereof. I i 8 TO HAVE Alm TO HOLD all and singular the said premises unto i I 1 1 91 the said party of the second part, for the purposes hereinbefore ... 10 [ particularly described, subject to the reservations and exceptions 1111 hereinbefore set forth. 12 I IN WITNESS WHF.REOF the said party of the first part haa 13 [[ hereunto caused ita corporatemame and seal to be affixed by its 14 I President and Secretary thereunto duly authorized the day and I I 15 year in this instrument first above written. I i ! 16 CARL F. SCHADEll "SEASIDE TERRACE" J I B::'-~~~_ - 17 i I I , 18 i I 1 19 4L~ i By 20 ~ /- C / _ - Seare A.l"Y. 21 22 23 i ] I 24 I I 25 I 26 27 , ,I I i 28 i , ! 29 30 , I 31 I 32 (3) l~~ 1 I . fl/tate of Oa1ifornia ~ -. ss County of Los Angeles) Oh this 24th day of JanuarYI 19181 before me, B. Sues a Notary Public in and for the said County and State, residing therein, duly commi~sioned and sworn, personally appeared Carl F. Schader, kno~ to me to be President and C. E. Wellsl f, known to me to be Secretary of the Carl F. Schader " Seaside Terrace ", the Company that executed the within and foregoing ~ instrument, known to me to be the persons who exeouted the within and foregoing instrumentl on behalf of the Corporation therein named, and acknowledged to me that such Corporation exec_ted the same. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. (jJ~ -if ~ Notary Public in and for the County of Los Angeles, State of California. *' , ~ 1 .{ i 11 11''V' " I .", . . 5c 1'1,L,e /"=-.50' ~.~ /8 ~ 68. 8/ . ~ l. \j. ~ ~ ~? 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