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,
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. .
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.
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.
(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.
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(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:
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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:
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Assistant City Attorney
-5-
134 .
, RECORDING REtlUESTED BY , " ,
..
City of Santa Monica fiK 03908 r G 77
AND WHEN RECORDED MAIL TO
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!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
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State ; '"
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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.
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Dated ~y J'1-~ J9t& " l",1}-, ,i:LJ...GL~ ~
Robe~t L._ ~dle ~
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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'"
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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
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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
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by~ ~ ~ <
" ." CITY ATTORNEY
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