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23 OP ,.,~. , OCEAN PARK BOULEVARD.from I p . t Lincoln Blvd to Neilson Way ef\ rOJ ec .Ii p~rcel 61 ~l 863 T; tIe Rep?rt lie.' L1ndl.olm T1tle ~ Robart L ! Fetra M seller /,j' . . AA~ 171 - :;th at., Bautla Monica e~. EX .Ii 2067 AGREEMENT The following Agreement is entered into, in duplicate, be- ~ 1ft~ IfiiV9t:@fa&frM~rM-.cCRI~)i~cf~c'kl'APyer" and the undersigned owner(s), hereinafter called "Seller". For $ 45,000.00 , to be paid as herein provided, Seller agrees to sell, and Buyer agrees to buy, the following described real property, located in the City of Santa Monica, County of LOS Angeles, State of California: PARCEL I Lots 1, 2, 3 and 4 in Block 2 of Tract No. 7425, as per map reoorded in Book 86 page 63 et seq., of Maps, in the office of the County Recorder of said County PARCEL II Lots 36 (35) 36, 37 and 38 in Block liRlI of Santa Monica Commercial Company's Tract, as per map recorded in Book 52 page 27 of Miscellan- eous Records, in the office of the County Recorder of said County. ** ~r agrees tlhat seuey;s :~t:s presently OX). the pr~~rty, to wit. 0 d..AA~T ~--:{~jl ,~-c ~) , a~ - dLzli ,A.~< t) SHALL --;t ";~~ to remain ont:he prope>>tyat: least un'ti;J. the end of Apri.l, 1966., Buyer agrees to cancel 'the lighting assessment onsai.d propert:y. ** EXCEPTING AND RESERVING to the grantor, his heirs, and assigns, all oil, gas, hydrocarbons and other minerals, and the right thereto, below a depth of 500 feet, without the right to use the surface of said property for any purpose whatsoever. (1) Seller authorizes Buyer to immediately proceed to cause title to said property to be cleared of trust deeds, liens, encumbran- ces, etc., so that upon recordation of the deed hereinafter referred to there may be secured from a reputable title insurance company in Los Angeles County a policy of title insurance, on its standard form, in- s~~ot~V-e to said property to be vested in Buyer, in the sum of $ , . , free and clear of all taxes, assessments, con- ditions, reservations, restrictions, exceptions, defects, easements, -1- )~'~.." c , r . . rights of way, liens and/or encumbrances of whatsoever nature, except: (a) Taxe$ as follows: Current taxes and except such as Buyer may elect to waive. Such waiver shall be ef- fective only when in writing and signed by Buyer's City Manager. The policy of title insurance, all deeds and documents required herein shall be satisfactory to, and approved as to form by, the City Attorney. (2) Coincidentally with the e)cecution and delivery of this Agreement, Seller shall deliver to Buyer a grant deed to the property herein described. (3) Should a preliminary search of title reveal any defects of title, Seller agrees to cooperate with Buyer and with the title company, to the fullest extent of his ability. to correct such defects. (4) When the title, deed and all documents are satisfactory, Buyer may then cause the deed to be recorded with the County Recorder of Los Angeles County. (5) Buyer shall then obtain the policy of title insurance. Furnishing of said policy shall be at the expense of Buyer. (6) The City of Santa Monica claims exemption from payment of Federal Documentary Stamp Tax, but such exemption does not necess- arily extend to the Seller herein. payment of any such stamp tax. if found due, shall be by the Buyer. -2- , . , . (Ga) All city and County taxes shall be computed, pro- rated and paid as provided by law outside of this transaction. (Gb) Buyer shall pay demands for elimination of encum- brances, liens, etc. , and costs in connection therewith and Buyer shall deduct such payments and costs from funds otherwise due Seller. Before such payments are made Seller will present to Buyer for verification the amounts due on such encumbrances, liens, etc. (6c) Buyer represents that it is acquiring the herein described property for an authorized public use and Buyer's purchase thereof is made as a negotiated settlement in lieu of acquisition by condemnation proceedings to expedite construction and completion of the public use and to avoid the delay, uncertainty and expense that a con- demnation action would entail. (6d) Except for oil leases, if any. Seller warrants that there are no oral or written leases on all or any portion of said property exceeding a period of one month and Seller agrees to indemnify, save and keep Buyer free and harmless from and against and to reimburse Buyer for any and all losses and expenses occasioned by reason of any lease of all or any portion of said property held by any tenant of Seller for period exceeding one month. (6e) Seller will deliver possession, together with keys, to Buyer, free of tenants or occupants, upon payment of the amount due Seller hereunder. (6f) This sale does not include furniture, furnishings or other items of personal property, as may be located in or on the premises, provided that any such items remaining at the time of delivery of possession to Buyer shall be deemed to have been abandoned, and Buyer may deal with or dispose of the same as it alone sees fit. -3- ,,~/~." '~ , , (6g) Seller consents to the dismissal of any eminent domain action in the Superior Court of the state of California in and for the County of Los Angeles wherein the herein described property is included and waives all attorney's fees, costs, disbursements, and ex- penses incurred in connection therewith, and waives claim to any de- posit made by Buyer in such action. ( 7) When the above mentioned policy of title insurance has been received, and approved by the City Attorney as aforesaid, Buyer shall immediately cause to be prepared and delivered a check, in the usual form, drawn upon Buyer's City Treasurer in the amount set forth above less any deductions provided for herein. (7a) Rentals will be prorated and adjusted as of the date of payment in accordance with the rental statement executed simultaneously herewith. (7b) Pro-rate taxes based on 2nd half to date of payment. (B) If for any reason Seller's deed is not recorded within one hundred twenty (120) days from the date of this Agreement, then either party hereto may, by written notice, terminate this Agreement. Upon any termination all rights and obligations of the parties shall thereupon be free of and released from all liability hereunder; pro- vided, nevertheless, that Seller shall be entitled to the return of his deed. (9) Any notice to Seller hereunder shall be deemed received and effective either upon personal service or upon deposit in the united States mail in a sealed envelope with postage prepaid and addressed to Seller as follows: -4- . \ . . . . Any notice to Buyer hereunder shall be effective only upon receipt thereof by Buyer's city Manager. Room 205, city Hall, Santa Monica, California. IN WITNESS t~REOF, the parties hereto have caused these presents to be executed with all the formalities required by law on the dates set opposite their respective signatures. 9rL11/LiLtt'J" /~ , 196~ R~Jl L~?--,'-~ I IJ ,~ert L. R1do/, , 1967 ( 1;;::;;; /. j \<.~,,~ . Petra M. Riddle , 1967 , 1967 , 1967 SELLER CITY OF SANTA MONICA, a municipal corporation BY1d]/[1. ~ tftry Scott City Hanager APPROVED AS TO FORM: ~.. ", ~ ..2,,;:r:-_ /?" ~-:;.<. r:2 /" ,-', --'''''''' ~'~' . ".. --. ~-' Assistant City Attorney -5- 134 . , RECORDING REtlUESTED BY , " , .. City of Santa Monica fiK 03908 r G 77 AND WHEN RECORDED MAIL TO c':' t:'1~::'"' !City Attorney I '\"'~EB 8 ID6'; Nome City of Santa Monica ' A:~;:=: 1685 Main Street RiW LEE, County Record"., C~& Santa Monica. Calif~ 90401 5'.'. L 'l i ~o --..\5 -.J lo S 3 ,{ -'\ SPACE ABOVE THIS LINE FOR RECORDER'S USE I MAIL TAX STATEM'HTSlO I OCEAN PARK BOULEVARD from Lincoln Nome Blvd to Neilson Way I 5 Parcel 4 [FR )/ S J Ad~;:=: ~'" T" O'rATEMENr 1"Q EE' ,. j City & 5'0'. L " ," ' "<,.<2, .-J No tax due ~,.. /<(!'.~~...:.... AFFIX I.R.S, $m.. ......m mlN THIS SPACE , I , (.t,t~J<../ State ; '" I 0 1.."".>.0):': ' I Grant Deed I TO 405 C THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, ROBERT L. RIDDLE and PETRA M. RIDDLE, husband and wife hereby GRANT(S) to the CITY OF SANTA MONICA, a municipal corporation FREE RECORDING REQUESTED ESSENTIAL TO ACQUISITION BY City of Santa Monica the following described real property in the City of Santa Monica SEE Gov I t code 6103 County of Los Angeles , State of California: PARCEL I: " Public Agency, No Tax statement Lots 1, 2. 3 and 4 in Block 2 of Tract No. 7425, as per map recorded in Book 86 page 63 et seq.. of Maps. in the office of the County Recorder of said County. PARCEL II: Lots 35. 36. 37 and 38 in Block llR" of Santa Monica Commercial Company's Tract, as per map recorded in Book 52 page 27 of Miscellaneous Records. in the o.f.fice of the County Recorder of said County. EXCEPTING AND RESERVING to the grantor, his heirs, and assigns, all oil, gas, hydrocarbons and other minerals, and the right thereto, below a ~ depth of 500 feet, without the right to use the surface of said property ~ for any purpose whatsoever. o Q/'\ L" f1 ~ JI,./ ". C/.l Dated ~y J'1-~ J9t& " l",1}-, ,i:LJ...GL~ ~ Robe~t L._ ~dle ~ +/ ~_ d77. -<-A/~ STATE OF CALIFORNIA } Petra M. Riddle ~o'< - SS COUNTY OF~ ANGELES ___. c" B. On l."""''''II''L~ l'f~-- before me, the under. signed, a Notary Public in and for said State~ personally appeared P.1 R~hert L. Riddle and Petra M. R:i ddle_______ f = known 10 me " , JA In he the perso~whose name~subseribed to the within ... J' ~," NOr RMES R. LEONARD . ,_.. , ' ,; '4\"'1'1; A Y PUBLIC CAlIFORNIA: _ mstrument and aeknowledged that thp.y exeeuted the same, i'\:;;t i~ PRINCIPAL OfFICE IN i W WITNESS my hand and offieial seal. k\:.~~;;;:' ORANGE C0\}NifY' ~ "''''~'' f:: ~~ ~: · .f) .. -. -"", I'" ~AJV1;~ . ; A Name (Typed or Printed) (This area fo\' offic1al notarial seal) Title Order No, (:,7 51 803 .T ~i rnq Escrow or Loan No, MAIL TAX STATEMENT,S AS DIRECTED ABOVE <;<_j @ ~ ~ Q) ~ ~ ~ i..) Q ~ ,-., @ Q ro Ul.J ~ ro"'" "'~ ::-.. _ ~O ~ ~ ~'""d S ~~ i-;T E:....I Q Q 0 p ~ ~ '---' roC) ",,,, -< ~ ~Z ,n +::l ~ 0 "" r:JJ. Ul:t ~ ':;3::J ~ !: r'" ...-j::-" j~ '-.-I E-l E-l ~ o o ~ ~ Q) ~ ~ ~ i..) Q ~ ~ @ Q ro Ul.J ro ",.J ~ ::-.. 0.. E~ ~ ~ ::J'""d S :~ t::"'""" r:JJ. Q 0 00 Z ~ roC) ~~ .-l1li .." +::l ~ 0 ~ "" r:JJ. Ul:t ~ ':;3::J '" !: ~ ...-j::-" ti ~ ~ E-l E-l ~ o o @ . ~ .... -.. "< ~ A' ..,'. ' ~K 03908 P G 78 CERTIFICATE OF ACCEPT.ANCE This is to certify that the City of Santa Monica, California, a municipal corporation, the grantee herein, by and through its regularly appointed and qualified City Attorney , hereby accepts the real property or interest therein conveyed by the within deed and consents to the recordation thereof by au- thority of a resolution of the City Council of said City, a certi- fied copy of which is recorded in Book D1502, page 621, of Official Records of Los Angeles County, California. IN WITNESS l~EREOF, I have hereunto set my hand this 15th day of January , 19 68 . CITY OF SA~~~ MONICA, a mun, "~,,,;j11al~,C~,"'~' pa ." t~ :'-,'", ,./ ~~' n'~ l , //' -~ -' --,'~ by~ ~ ~ < " ." CITY ATTORNEY ~ W ~ :>';; !r;~O