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HomeMy WebLinkAboutCC RESO 10,414RE.SOLUT.ION NO.. '10,4 1'4 RESOLUTION AUTHORIZING EXECUTION OF. OPTION TO PURCHASE REAL PROPERTY BE IT RESOLVED by the City Council of the City of National City that the Mayor be authorized to execute that certain option to purchase real property between the City of National City and Charles Dewayne Sims and Rita Carol Sims, a copy of which is attached. BE IT FURTHER RESOLVED that the City Finance Officer is hereby authorized and directed to issue a warrant in the amount of $900 plus escrow fees as required, to cover the cost of this transaction. PASSED AND ADOPTED this 27th day of July, ATTEST: YO 1971. ESCROW INSTRUCTIONS • �FIRST NRTii7NRL SANK PI7112E SIC:r in RETURN BUYER'S ESCROW INSTRUCTIONS __v c._.. CAL r:as.a 32112 National City P. 0, Box "F" Branch Office tscrow No Escrow Officer Telephone No. Dote Joni �Rc ach 294-4745 July 8, 1971 TO: SOUTHERN CALIFORNIA FIRST NATIONAL BANK Upon deman.d, we•will hand you the sum of $900.00 whioh is to be paid to Charles Dewey Sims AAA Charle Dewayne Sims and Rita Carol Sins when they have sign all documents in connection with this transaction. National Citv, California 92050 N. C. Res. No. 10,414 MEMO Paid outside of Escrow ' Cash through Escrow 900 00 Encumbrance of Record New Encumbrances TOTAL CONSIDERATION 900 00 l and any additionalfunds and instruments required from me to enable you to comply with these instructions, which you are to use on or before August 9, _, 19 71 , alter hTfr" errtarr-procuraa-Standasd.Slwo.e s.-or Jeisti-R.ratection pdiay_of-ZitteJasucance-feat when -you -hold -Grant -Grant DeedS__executed__}3 r,ventte g461,:r-s+ewd ofd-o-xc<gt+er a, -and 's+an-s; w441r4i-e1,44rn_- :::_.c-:-g ''.--.. -ow aaal-praspeety.-ia..sh e cit-y-of ,.Eewwy.-eL T-Stets C,eliforr+ie-wrt-. ct ring the following property in the City of National City, County of San Diego, State of a .fornia. viz: P1 ion of the East Half of the Northwest Quarter of the Northwest Quarter of the Southwest 'ter of Section 106 of ,Rancho de is Nacion according to ;lap thereof No. 166 filed in the office of the County Recorder of said San Diego County, May 11, 1869; more particularly escribed on the attached hereto and made a part hereof: ..hawing title vested in THE CITY OF NATIONAL CITY, a Municipal Corporation = ree of encumbrances EXCEPT: NONE TAXES for the fiscal year 19 -19 , including levies for any district such but not limited to drainage, irrigation, road improvement, acquisition and improvement, fire protection, etc. =ONDS - ASSESSMENTS .ith no delinquent payments, and with unpaid balance of principal not to exceed $ NONE .=OVENANTS, conditions, restrictions, reservations, easements, rights, and rights of way of record, including so called zoning ordinances, * any awd-e• .046414-, .ed by r ring-e•rretie-4er-S- , OLleiw-Bewe4eiary SfeMw»w+-sl.awing-inpeid-,rr iire+pel-.aleneebf.S ._r1•eu4d -e:d sieiewrowt sinew31Rie- Ceip 44-elaaee•so-ce•-rwece-ewioecr.-ileac}-soarlerwe.ws; -you-era so-kee.p-tkr-Taiollaas+daretaar-tlw_sotae-oc .ne.ww eve-6y-oefu-s+issk.4brary: -er.o44* -4e-to+rli44-erwl-c-owditi-ews-of-WWw k4�ei44wdebtedwese-ape-kwKvvw-te-rne-oord-4 4er.Ay-aocwetaawd•ep{+ceved It is agreed between the parties hereto that no policy of title insurance be obtained in connectiot --ith this transaction .and you, as escrow holder, are hereby authorized to record said instruments :ithout liability on your part as to the validity or sufficiency of said instruments, or for the _=feet of such recording on the title. - seeet7ng-enaim-f731-Tr -ere-fif-sf,..iyI I rto+ef' -vo4.01. 4+Merev+- -ef+herats-F----4bper rrrro f. fet, o se•inter mmmemce-as-of prirtcfpaf-tmeHrrterest-payabir-im i„et�limentsof$ -ororre- -omthr d , f enefr rnenth4reginning-a 4Ite. dupe{ }9 ---- and eerrtirnirg,rni f _s a memorandum only.sw th,„which escrow holder is in no way concerned, the City will, at no =xpense to the IS , remove present driveway apron and install another driveway apron to the {.�1yydye,yysac.. The City /will/ also ybyriingvdriveway �/yto�grade ytoJ[]m�e/eet�/ccul deysac. y /�(y y ( / [ (yy�/yy /y [�/ :11D./�.t Y.t�JA'Ct'Q/Vd AAAdl�AdA/ti!J-11'LF:d 1�U✓I Xi�YAAxxxxxixUk%Y1A�A3i1\OI agA11YiA�'AMWI\/1.iU1-riAat ` l$A11"LVIAV}L�/�)1Y3 /1934�Y1A.S8A4S0A7m +X' xX +Ii,mula''. i " xx '" -`i Xa ' xxxxxxx ..,16, Mi aaXX-XXXVkalandAXIM cX�iX'�tOUS44iX_pr�i%7i '�.iXX ,t - fees and expenses of this transaction are to be charged to the undersigned Buyer. w holder is authorized and instructed to deliver to the undersigned Buyer the Grant Deed s ver legal description atrove referenced and escrow holder is hereby relieved of any liability responsibility in connection of the delivery of un-recorded deeds. r/ MI IN 4631 2/70 — Page 1 - Escrow 7-2324 July 8, 1971 At close of escrow you are to PRORATE the following: No PTO -Pates =ity, County and any irrigation district taxes to None .rnless parties hereto furnish you with information regarding amounts. Interest on loan of record and F.H.A. Mortgage Insurance Premium to Interest en improvement bonds (if any) to ... . Rentals, on basis of statement furnished by Seller or broker to None Nose None based on the latest information oval;able, -= remiumon fire and other insurance delivered into escrow (or that beneficiaries inform you they hold) to _.. None _l/n buildings and personal property situated on property described above, or known as .... _. _... _..___..___.__.._._._. ...____.... .`ou are to assume that any such policies are in force and that the premiums thereon are fully paid. -n the event any Beneficiary's Statement reveals an impound account for future payment of taxes, insurance etc., you are to charge the Buyer and -relit Seller the amount of said account. re GENERAL PROVISIONS printed on the reverse side of this page of these instructions are by reference thereto incorporated herein and znc apart hereof. Ike disbursements by your check. Mail title policies and fire policies to holder of first encumbrance being recorded herewith, if any, -tf rise to Buyer. Other documents or checks -in my favor to be mailed to my address below. Time is hereby declared to be of the essence hereof. In the event the conditions of this escrow have not been complied with by the time zrovided for herein, you are nevertheless to complete the some as soon as the conditions (except as to time) have been complied with, provided writtendemand to cancel by any party who then shall have fully complied with these instructions is not handed you after the time given to comply. A111 I agree to pay on demander YXIPsXcharges including recording deed, drawing any trust deed executed by me, drawing and recording any -ther documents necessary on my part, and aof escrow fee, and any loan assumption or transfer fee. You are authorized to furnish upon request, copies of these instructions and final settlement statements, to existing or proposed lenders and -,y broker hereunder. _ Seller herein agrees to sell and Buyer herein agrees to buy the property described herein upon the terms hereof. Any amendment of or supplement to any instructions must be in writing. All parties hereto acknowied• heceip UYER'S City o2 al signature b % y• / . by: a --- signature. ,ddress _. a copy of these instructions. Attention: Steve Krenger BUYER'S Signature (dote) Signature date) Address 477-1181 x63 _ (Telephone) (date) (date) (Telephone) SELLER'S ESCROW INSTRUCTIONS fE FOREGOING TERMS AND CONDITIONS AND/OR INSTRUCTIONS ARE HEREBY CONCURRED IN, APPROVED AND ACCEPTED. will hand you all instruments and money necessary for me to comply therewith, including a deed to the property described, which you are -=:thorized to record and deliver when you hold inescrow money and instruments deliverable to me under these instructions. You are instructed z pay any encumbrances necessary to place title in the condition called for herein. - ay demand of None re-wi+ivsnr}-agent-essiy,...„r-fire• orrd-ether-i reererr e--af-rr'rrre-handed-tvyourror-that-berrefic+er+es-+nhne,eu-thiepiteld. rgreelo pay usual7attur''srh'arg'e'Sncluttingthoss#ar-inyttryraf-ttrte•txsarrmre; z91E-fi.4if-afEMe+afier tirawitig-mry-tterrdruer mere-nrettr tr€ar-rtetrrszirrzermplsarr--dtacvmentmy nmarnnet rtre t- carding-arrrtretsrdartitrmpfiavor,--m robrutrrirrga#set e rm,,inli 'fie.Mari €e-sretmwemamehtrif€ttrmt Make check for balance payable to the undersigned —d mail check to (address) . address below LLER'S • runature :`-'a nature =dress -.6 FORM 4632 REV. 1 /69 Cha es Deway Char es Dewayn -3LA Lk �9 /Signature— (date) Rita Carol Sims \ RJQt(� 1411 C t� irna Signature L t (date 2501 East 13th Street National City, California 92050 (telephone) - Page 2- Address :7 -57)/ 6 /3L`A. S / (date) 7-- 4- 7/ (date) 0 9'7cso 77 77-2 3 (telephone) the following described real property in the City of National Citjc/.)., oarC CKU VATS county of San Diego , state of California: That portion of The East Half of the Northwest Quarter of the Northwest Quarter of the Southwest Quarter of Quarter Section 106 of Rancho de la Nacion, in the City of National City, County of San Diego, State of California, according to Map thereof No. 166 made by George S. Nor— rill, filed in the office of the County Recorder of said San Diego County, May.11, 1869, described as follows: Commencing at the Southwesterly corner of that land conveyed to Charles Sims and Rita Sims, by deed recorded as file/page number 218607 of Official Records on December 13, 1968; thence North 18°06'52" West along the Westerly line of said Sims land, 5.52 feet to a point on a 36.00 foot radius curve concave Southerly, the center of which bears South 27°46'22" East; thence along said curve Easterly and Southeasterly, 26.98 feet through a central angle of 42°56'46" to a point on the..$outherly line of said Sims land; thence iSouth 71°36'57" West along said line 25.80 feet to the point of commencement. -....... i.e-v vrY -eri ertri-m.m mJ rt-mer'et -MY.01-4-Meeres4- —at-lireratrt+----- p'erumobr f!endarse•interesHotommemce-osvf }- prfmrfpaf-rmr}irrtereurubie-irrinstaifinenlscf$ tr mare- trr-the- - dvTvf-each- Irrerrfh-begirining-onike- - r-o - - 1-9------and-eoMirroing-un041- r9 a memorandum onlyczin which escrow holder is in no way concerned, the City will, at no xpense to the i:' , remave present driveway apron and install another driveway apron to the v' de sac. The City will also bring driveway to grade to meet cul de sac. ' sXCMXXX(W XX'Xziai XICXXiltXXMAXIM X XIMIX.MX XXVILAAMIXXXXXXIMX -iIXX XX 4 =XXX.TXXa ( XX XUAtX11XXXtXi AXAXXXO X r XAd{X (antaXil aX410S fXCURO AXIWXXXYX X iaXXX ::-ter ;:XB(XaXtXXXX OMX.ItaXX X.WI XXiX SX _al fees and expenses of this transaction are to be charged to the undersigned Buyer. escrow holder is authorized and instructed to deliver to the undersigned Buyer the Grant Deed ._.s per legal description stove referenced and escrow holder is hereby relieved of any liability r responsibility in connection of the delivery of un-recorded deeds. `*= ORM 4631 2/70 - Page 1 -