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HomeMy WebLinkAbout600-030-010 Chin Family - Lit Guarantee 02-26-18 Lawyers Title Company 3480 Vine Street Suite 300 Riverside, CA 92507 Phone: (951) 774-0825 Fax: ( ) March 5, 2018 OVERLAND, PACIFIC & CUTLER, INC 2280 MARKET STREET # 200 RIVERSIDE, CA 92501 YOUR REF: CHIN FAMILY LTD OUR NO.: 618650059 Attached is your Litigation Guarantee policy of title insurance, per your instructions. CLTA Guarantee Face Page (06-05-14) Page 2 © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. Commonwealth Land Title Insurance Company LLIITTIIGGAATTIIOONN GGUUAARRAANNTTEEEE SUBJECT TO THE LIMITATIONS CONTAINED HEREIN, THE EXCLUSIONS FROM COVERAGE, THE LIMITS OF LIABILITY AND OTHER PROVISIONS OF THE CONDITIONS AND STIPULATIONS HERETO ANNEXED AND MADE A PART OF THIS GUARANTEE Commonwealth Land Title Insurance Company a corporation, herein called the Company GUARANTEES the Assured named in Schedule A against loss not exceeding the liability amount stated in Schedule A which the Assured shall sustain by reason of any incorrectness in the assurance which the Company hereby gives that, according to the public records, as of Date of Guarantee shown in Schedule A: 1. The title to the herein described estate or interest is vested in the vestee named in Schedule A. 2. Except for the matters shown in Schedule B, there are no defects, liens, encumbrances or other matters affecting title to the estate or interest in the land shown in Schedule A, which matters are not necessarily shown in the order of their priority. 3. (a) The current interest holders claiming some right, title or interest by reason of the matters shown in Part II of Schedule B are shown therein. The vestee named in Schedule A and parties claiming to have some right, title or interest by reason of the matters shown in Part II of Schedule B may be necessary parties defendant in an action, the nature of which is referred to in Schedule A. (b) The current interest holders claiming some right, title or interest by reason of the matters shown in Part I of Schedule B may also be necessary parties defendant in an action, the nature of which is referred to in Schedule A. However, no assurance is given hereby as to those current interest holders. 4. The return address for mailing after recording, if any, as shown on each and every document referred to in Part II of Schedule B by specific recording information, and as shown on the document(s) vesting title as shown in Schedule A are as shown in Schedule C. THIS LITIGATION GUARANTEE IS FURNISHED SOLELY FOR THE PURPOSE OF FACILITATING THE FILING OF THE ACTION REFERRED TO IN SCHEDULE A. IT SHALL NOT BE USED OR RELIED UPON FOR ANY OTHER PURPOSE. IN WITNESS WHEREOF, Commonwealth Land Title Insurance Company has caused this Guarantee to be signed and sealed as of the date of policy shown in Schedule A, the Guarantee to become valid when countersigned by an authorized signatory. Commonwealth Land Title Insurance Company Countersigned: By: Authorized Officer or Agent By: President ATTEST Secretary Order No. 618650059-132-SPH CLTA Guarantee Exclusions and Conditions (06-05-14) © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. GUARANTEE EXCLUSIONS AND CONDITIONS (06-05-14) EXCLUSIONS FROM COVERAGE Except as expressly provided by the assurances in Schedule A, the Company assumes no liability for loss or damage by reason of the following: (a) Defects, liens, encumbrances, adverse claims or other matters affecting the title to any property beyond the lines of the Land. (b) Defects, liens, encumbrances, adverse claims or other matters, whether or not shown by the Public Records (1) that are created, suffered, assumed or agreed to by one or more of the Assureds; or (2) that result in no loss to the Assured. (c) Defects, liens, encumbrances, adverse claims or other matters not shown by the Public Records. (d) The identity of any party shown or referred to in any of the schedules of this Guarantee. (e) The validity, legal effect or priority of any matter shown or referred to in any of the schedules of this Guarantee. (f) (1) Taxes or assessments of any taxing authority that levies taxes or assessments on real property; or, (2) proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not the matters excluded under (1) or (2) are shown by the records of the taxing authority or by the Public Records. (g) (1) Unpatented mining claims; (2) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (3) water rights, claims or title to water, whether or not the matters excluded under (1), (2) or (3) are shown by the Public Records. GUARANTEE CONDITIONS 1. Definition of Terms. The following terms when used in the Guarantee mean: (a) the "Assured": the party or parties named as the Assured in Schedule A, or on a supplemental writing executed by the Company. (b) "Land": the Land described or referred to in Schedule A, and improvements affixed thereto which by law constitute real property. The term "Land" does not include any property beyond the lines of the area described or referred to in Schedule A, nor any right, title, interest, estate or easement in abutting streets, roads, avenues, alleys, lanes, ways or waterways. (c) "Mortgage": mortgage, deed of trust, trust deed, or other security instrument. (d) "Public Records": those records established under California statutes at Date of Guarantee for the purpose of imparting constructive notice of matters relating to real property to purchasers for value and without knowledge. (e) "Date of Guarantee": the Date of Guarantee set forth in Schedule A. (f) “Amount of Liability”: the Amount of Liability as stated in Schedule A. 2. Notice of Claim to be Given by Assured. The Assured shall notify the Company promptly in writing in case knowledge shall come to the Assured of any assertion of facts, or claim of title or interest that is contrary to the assurances set forth in Schedule A and that might cause loss or damage for which the Company may be liable under this Guarantee. If prompt notice shall not be given to the Company, then all liability of the Company shall terminate with regard to the matter or matters for which prompt notice is required; provided, however, that failure to notify the Company shall in no case prejudice the rights of the Assured under this Guarantee unless the Company shall be prejudiced by the failure and then only to the extent of the prejudice. 3. No Duty to Defend or Prosecute. The Company shall have no duty to defend or prosecute any action or proceeding to which the Assured is a party, notwithstanding the nature of any allegation in such action or proceeding. 4. Company's Option to Defend or Prosecute Actions; Duty of Assured to Cooperate. Even though the Company has no duty to defend or prosecute as set forth in Paragraph 3 above: (a) The Company shall have the right, at its sole option and cost, to institute and prosecute any action or proceeding, interpose a defense, as limited in Paragraph 4 (b), or to do any other act which in its opinion may be necessary or desirable to establish the correctness of the assurances set forth in Schedule A or to prevent or reduce loss or damage to the Assured. The Company may take any appropriate action under the terms of this Guarantee, whether or not it shall be liable hereunder, and shall not thereby concede liability or waive any provision of this Guarantee. If the Company shall exercise its rights under this paragraph, it shall do so diligently. (b) If the Company elects to exercise its options as stated in Paragraph 4(a) the Company shall have the right to select counsel of its choice (subject to the right of the Assured to object for reasonable cause) to represent the Assured and shall not be liable for and will not pay the fees of any other counsel, nor will the Company pay any fees, costs or expenses incurred by an Assured in the defense of those causes of action which allege matters not covered by this Guarantee. (c) Whenever the Company shall have brought an action or interposed a defense as permitted by the provisions of this Guarantee, the Company may pursue any litigation to final determination by a court of competent jurisdiction and expressly reserves the right, in its sole discretion, to appeal from an adverse judgment or order. (d) In all cases where this Guarantee permits the Company to prosecute or provide for the defense of any action or proceeding, the Assured shall secure to the Company the right to so prosecute or provide for the defense of any action or proceeding, and all appeals therein, and permit the Company to use, at its option, the name of the Assured for this purpose. Whenever requested by the Company, the Assured, at the Company's expense, shall give the Company all reasonable aid in any action or proceeding, securing evidence, obtaining witnesses, prosecuting or defending the action or lawful act which in the opinion of the Company may be necessary or desirable to establish the correctness of the assurances set forth in Schedule A or to prevent or reduce loss or damage to the Assured. If the Company is prejudiced by the failure of the Assured to furnish the required cooperation, the Company's obligations to the Assured under the Guarantee shall terminate. 5. Proof of Loss or Damage. (a) In the event the Company is unable to determine the amount of loss or damage, the Company may, at its option, require as a condition of payment that the Assured furnish a Order No. 618650059-132-SPH CLTA Guarantee Exclusions and Conditions (06-05-14) © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. signed proof of loss. The proof of loss must describe the defect, lien, encumbrance, or other matter that constitutes the basis of loss or damage and shall state, to the extent possible, the basis of calculating the amount of the loss or damage. (b) In addition, the Assured may reasonably be required to submit to examination under oath by any authorized representative of the Company and shall produce for examination, inspection and copying, at such reasonable times and places as may be designated by any authorized representative of the Company, all records, books, ledgers, checks, correspondence and memoranda, whether bearing a date before or after Date of Guarantee, which reasonably pertain to the loss or damage. Further, if requested by any authorized representative of the Company, the Assured shall grant its permission, in writing, for any authorized representative of the Company to examine, inspect and copy all records, books, ledgers, checks, correspondence and memoranda in the custody or control of a third party, which reasonably pertain to the loss or damage. All information designated as confidential by the Assured provided to the Company pursuant to this paragraph shall not be disclosed to others unless, in the reasonable judgment of the Company, it is necessary in the administration of the claim. Failure of the Assured to submit for examination under oath, produce other reasonably requested information or grant permission to secure reasonably necessary information from third parties as required in the above paragraph, unless prohibited by law or governmental regulation, shall terminate any liability of the Company under this Guarantee to the Assured for that claim. 6. Options to Pay or Otherwise Settle Claims: Termination of Liability. In case of a claim under this Guarantee, the Company shall have the following additional options: (a) To pay or tender payment of the Amount of Liability together with any costs, attorneys’ fees, and expenses incurred by the Assured that were authorized by the Company up to the time of payment or tender of payment and that the Company is obligated to pay. (b) To pay or otherwise settle with the Assured any claim assured against under this Guarantee. In addition, the Company will pay any costs, attorneys' fees, and expenses incurred by the Assured that were authorized by the Company up to the time of payment or tender of payment and that that the Company is obligated to pay; or (c) To pay or otherwise settle with other parties for the loss or damage provided for under this Guarantee, together with any costs, attorneys' fees, and expenses incurred by the Assured that were authorized by the Company up to the time of payment and that the Company is obligated to pay. Upon the exercise by the Company of either of the options provided for in 6 (a), (b) or (c) of this paragraph the Company’s obligations to the Assured under this Guarantee for the claimed loss or damage, other than the payments required to be made, shall terminate, including any duty to continue any and all litigation initiated by the Company pursuant to Paragraph 4. 7. Limitation of Liability. (a) This Guarantee is a contract of Indemnity against actual monetary loss or damage sustained or incurred by the Assured claimant who has suffered loss or damage by reason of reliance upon the assurances set forth in Schedule A and only to the extent herein described, and subject to the Exclusions From Coverage of this Guarantee. (b) If the Company, or the Assured under the direction of the Company at the Company’s expense, removes the alleged defect, lien or, encumbrance or cures any other matter assured against by this Guarantee in a reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom, it shall have fully performed its obligations with respect to that matter and shall not be liable for any loss or damage caused thereby. (c) In the event of any litigation by the Company or with the Company’s consent, the Company shall have no liability for loss or damage until there has been a final determination by a court of competent jurisdiction, and disposition of all appeals therefrom. (d) The Company shall not be liable for loss or damage to the Assured for liability voluntarily assumed by the Assured in settling any claim or suit without the prior written consent of the Company. 8. Reduction of Liability or Termination of Liability. All payments under this Guarantee, except payments made for costs, attorneys' fees and expenses pursuant to Paragraph 4 shall reduce the Amount of Liability under this Guarantee pro tanto. 9. Payment of Loss. (a) No payment shall be made without producing this Guarantee for endorsement of the payment unless the Guarantee has been lost or destroyed, in which case proof of loss or destruction shall be furnished to the satisfaction of the Company. (b) When liability and the extent of loss or damage has been definitely fixed in accordance with these Conditions, the loss or damage shall be payable within thirty (30) days thereafter. 10. Subrogation Upon Payment or Settlement. Whenever the Company shall have settled and paid a claim under this Guarantee, all right of subrogation shall vest in the Company unaffected by any act of the Assured. The Company shall be subrogated to and be entitled to all rights and remedies which the Assured would have had against any person or property in respect to the claim had this Guarantee not been issued. If requested by the Company, the Assured shall transfer to the Company all rights and remedies against any person or property necessary in order to perfect this right of subrogation. The Assured shall permit the Company to sue, compromise or settle in the name of the Assured and to use the name of the Assured in any transaction or litigation involving these rights or remedies. If a payment on account of a claim does not fully cover the loss of the Assured the Company shall be subrogated to all rights and remedies of the Assured after the Assured shall have recovered its principal, interest, and costs of collection. 11. Arbitration. Either the Company or the Assured may demand that the claim or controversy shall be submitted to arbitration pursuant to the Title Insurance Arbitration Rules of the American Land Title Association (“Rules”). Except as provided in the Rules, there shall be no joinder or consolidation with claims or controversies of other persons. Arbitrable matters may include, but are not limited to, any controversy or claim between the Company and the Assured arising out of or relating to this Guarantee, any service of the Company in connection with its issuance or the breach of a Guarantee provision, or to any other controversy or claim arising out of the transaction giving rise to this Guarantee. All arbitrable matters when the amount of liability is $2,000,000 or less shall be arbitrated at the option of either the Company or the Assured. All arbitrable matters when the amount of liability is in excess of $2,000,000 shall be arbitrated only when agreed to by both the Company and the Assured. Arbitration pursuant to this Guarantee and under the Order No. 618650059-132-SPH CLTA Guarantee Exclusions and Conditions (06-05-14) © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. Rules shall be binding upon the parties. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court of competent jurisdiction. 12. Liability Limited to This Guarantee; Guarantee Entire Contract. (a) This Guarantee together with all endorsements, if any, attached hereto by the Company is the entire Guarantee and contract between the Assured and the Company. In interpreting any provision of this Guarantee, this Guarantee shall be construed as a whole. (b) Any claim of loss or damage, whether or not based on negligence, or any action asserting such claim, shall be restricted to this Guarantee. (c) No amendment of or endorsement to this Guarantee can be made except by a writing endorsed hereon or attached hereto signed by either the President, a Vice President, the Secretary, an Assistant Secretary, or validating officer or authorized signatory of the Company. 13. Severability In the event any provision of this Guarantee, in whole or in part, is held invalid or unenforceable under applicable law, the Guarantee shall be deemed not to include that provision or such part held to be invalid, but all other provisions shall remain in full force and effect. 14. Choice of Law; Forum (a) Choice of Law: The Assured acknowledges the Company has underwritten the risks covered by this Guarantee and determined the premium charged therefor in reliance upon the law affecting interests in real property and applicable to the interpretation, rights, remedies, or enforcement of Guaranties of the jurisdiction where the Land is located. Therefore, the court or an arbitrator shall apply the law of the jurisdiction where the Land is located to determine the validity of claims that are adverse to the Assured and to interpret and enforce the terms of this Guarantee. In neither case shall the court or arbitrator apply its conflicts of law principles to determine the applicable law. (b) Choice of Forum: Any litigation or other proceeding brought by the Assured against the Company must be filed only in a state or federal court within the United States of America or its territories having appropriate jurisdiction. 15. Notices, Where Sent. All notices required to be given the Company and any statement in writing required to be furnished the Company shall include the number of this Guarantee and shall be addressed to the Company at Commonwealth Land Title Insurance Company, Attn: Claims Department, P.O. Box 45023, Jacksonville, FL 32232-5023. Order No. 618650059-132-SPH CLTA Guarantee Form No. 1 (06-05-14) Litigation Guarantee © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. LITIGATION GUARANTEE SCHEDULE A Order No.: 618650059-132-SPH Amount of Liability: $301,000.00 Date of Guarantee: February 26, 2018 Fee: $1,003.00 1. Name of Assured: CITY of LA QUINTA 2. The estate or interest in the Land that is the subject of this Guarantee is: A FEE 3. This Land referred to in this Guarantee is situated in the State of CALIFORNIA, County of Riverside, and is described as follows: See Exhibit A attached hereto and made a part hereof. 4. This Litigation Guarantee is furnished solely for the purpose of facilitating the filing of an action to PUBLIC STREET IMPROVEMENT. It shall not be used or relied upon for any other purpose. 5. ASSURANCES: According to the Public Records as of the Date of Guarantee, a. Title to the estate or interest is vested in: CHIN FAMILY PROPERTIES LIMITED PARTNERSHIP, A CALIFORNIA LIMITED PARTNERSHIP b. Except for the matters shown in Schedule B, there are no defects, liens, encumbrances or other matters affecting title to the estate or interest in the land shown in Schedule A, which matters are not necessarily shown in the order of their priority. c. The current interest holders claiming some right, title or interest by reason of the matters shown in Part II of Schedule B are as shown therein. The vestee named herein and parties claiming to have some right, title or interest by reason of the matters shown in Part II of Schedule B may be necessary parties defendant in an action, the nature of which is referred to above in paragraph 4. d. The current interest holders claiming some right, title or interest by reason of the matters shown in Part I of Schedule B may also be necessary parties defendant in an action, the nature of which is referred to above in paragraph 4. However, no return address for mailing after recording is shown in Schedule C as to those current interest holders. 6. The return address for mailing after recording, if any, as shown on each document referred to in Part II of Schedule B by specific recording information, and as shown on the document(s) vesting title as shown above in paragraph 5(a), are as shown in Schedule C. Order No. 618650059-132-SPH CLTA Guarantee Form No. 1 (06-05-14) Litigation Guarantee © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. EXHIBIT A LEGAL DESCRIPTION All that certain real property situated in the County of Riverside, State of California, described as follows: Parcel 1: Beginning at a point 660 feet South of the Northwest corner of the Northeast Quarter of Section 29, Township 5 South, Range 7 East, San Bernardino Base and Meridian; thence South 660 feet; thence East 660 feet to a point 1320 feet South of the Northerly boundary line of said Section; thence North 660 feet to a point 660 feet South of the said Northerly boundary line; thence 660 feet West to the point of beginning. Excepting therefrom the right of way of the Coachella Valley Storm Water District, as acquired by the District by Decree of Condemnation, recorded October 6, 1923 in Book 591, Page 223 of Deeds, in the Office of the County Recorder of the County of Riverside, State of California. Also excepting therefrom a right of way for public highway and public utility purposes over, the Westerly rectangular 30 feet of said property, as conveyed to the County of Riverside, by deed recorded May 24, 1933 in Book 122, Page 374 of Official Records in the Office of the county Recorder of the County of Riverside, State of California, said property is also shown by map of Record of Survey on file in Book 8, Page 14 of Records of Survey, in the Office of the County Recorder of said County, in the Office of the County Recorder of Riverside, State of California. Also except that portion as described in the deed to the County of Riverside, recorded July 1, 1969 as Instrument No. 66907, of Official Records. Parcel 2: The West half of the Southwest Quarter of the Northeast Quarter of Section 29, Township 5 South, Range 7 East, San Bernardino Base and Meridian, lying North of the Coachella Valley Storm Water District right of way, containing five acres or less and described as follows: Beginning 1320 feet South of the Northwest corner of the West Quarter of the Northeast Quarter of Section 29, Township 5 South, Range 7 East, San Bernardino Base and Meridian, thence South 330 feet; thence 660 feet East; thence 330 feet North to a point 1320 feet South of the North boundary of said Section; thence West 660 feet to the point of beginning; Excepting therefrom a right of way for public highway and public utilities purposes over the Westerly rectangular 30 feet of said property, as conveyed to the County of Riverside, by deed recorded May 24, 1933 in Book 122, Page 374 of Official Records. Also excepting therefrom any portion included in the Coachella Valley Storm Water District as acquired by said District by Decree of Condemnation recorded October 6, 1923, in Book 591, Page 223 of Deeds, and more particularly described by metes and bounds as follows: That portion of the North half of Section 29, Township 5 South, Range 7 West, San Bernardino Base and Meridian, that is bounded as follows: Beginning t a point in the West line of the Northwest Quarter of said Section distant South 0°1’30” East 386.48 feet from the Northwest corner of said Section; thence South 71°25’ East 3143.51 feet; thence Easterly along a curve concave to the North; to which said last described line is tangent, and having a radius of 2664.93 feet, a distance of 1409.54 feet; thence North 78°18’ East tangent to said curve 947.52 feet to a point in the East line of said Section 29; thence South 0°98’ East along the East line of said Section 408.30 feet; thence South 78°18’ West, 856.66 feet; thence Westerly along a curve concave to the North to which Order No. 618650059-132-SPH EXHIBIT A (Continued) 81021 CLTA Guarantee Form No. 1 (06-05-14) Page 3 Litigation Guarantee © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. said last described line is tangent and having a radius of 3064.93 feet, a distance of 1619.95 feet; thence North 71°25’ West 3008.83 feet to a point in the West line of said Section 29; thence North 0°01’30” West along the West line of said Section 422.06 feet to the point of beginning. EXCEPTING there from the mobile home or manufactured housing unit and appurtenances, if any, located on said land. APN: 600-030-010 Order No. 618650059-132-SPH CLTA Guarantee Form No. 1 (06-05-14) Litigation Guarantee © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. SCHEDULE B Defects, liens, encumbrances or other matters affecting title: Part I A. Property taxes, which are a lien not yet due and payable, including any assessments collected with taxes to be levied for the fiscal year 2018-2019. B. Property taxes, including any personal property taxes and any assessments collected with taxes, are as follows: Tax Identification No.: 600-030-010-8 Fiscal Year: 2017-2018 1st Installment: $9,041.37, paid. 2nd Installment: $9,041.37, UNPAID (Delinquent after April 10) Penalty and Cost: $942.76 Homeowners Exemption: NONE Code Area: 020-026 C. Escaped taxes for the year 2017 Bill No.: 930012 Total Tax: $79.30 1st Installment: $39.65 PAID 2nd Installment: $39.65 Must be paid by: April 10, 2018 Supplemental Bill #: 008535646-3 D. Escaped taxes for the year 2017 Bill No.: 930013 Total Tax: $77.44 1st Installment: $38.72 PAID 2nd Installment: $38.72 Must be paid by: April 10, 2018 Supplemental Bill #: 008535647-4 E. Escaped taxes for the year 2017 Bill No.: 930014 Total Tax: $79.10 1st Installment: $39.55 PAID 2nd Installment: $39.55 Must be paid by: April 10, 2018 Supplemental Bill #: 008535648-5 F. The lien of supplemental or escaped assessments of property taxes, if any, made pursuant to the provisions of Chapter 3.5 (commencing with Section 75) or Part 2, Chapter 3, Articles 3 and 4, respectively, of the Revenue and Taxation Code of the State of California as a result of the transfer of title to the vestee named in Schedule A; or as a result of changes in ownership or new construction occurring prior to date of policy. 1. Water rights, claims or title to water, whether or not disclosed by the public records. 2. Easement(s) in favor of the public over any existing roads lying within said Land. Order No. 618650059-132-SPH SCHEDULE B – Part I (Continued) 81021 CLTA Guarantee Form No. 1 (06-05-14) Page 5 Litigation Guarantee © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. 3. Easement(s) for the purpose(s) shown below and rights incidental thereto as set forth in a document: In favor of: General Telephone Company of California, a Corporation Purpose: transmission of electric energy for communication Recording Date: February 16, 1970 Recording No: as Instrument No. 18029 of Official Records Affects: Portion of said land 4. Matters contained in that certain document Entitled: Domestic Water and/or Sanitation Systems Installation Agreement Dated: July 1, 1995 Executed by: Coachella Valley County Water District and Dune Palms Mobile Estates Recording Date: February 23, 1996 Recording No: as Instrument No. 1996-063213 of Official Records Reference is hereby made to said document for full particulars. 5. The Land described herein is included within a project area of the Redevelopment Agency shown below, and that proceedings for the redevelopment of said project have been instituted under the Redevelopment Law (such redevelopment to proceed only after the adoption of the Redevelopment Plan) as disclosed by a document. Redevelopment Agency: La Quinta Redevelopment Agency Recording Date: October 4, 2007 Recording No: as Instrument No. 2007-619749 of Official Records 6. The search did not disclose any open mortgages or deeds of trust of record, therefore the Company reserves the right to require further evidence to confirm that the property is unencumbered, and further reserves the right to make additional requirements or add additional items or exceptions upon receipt of the requested evidence. Order No. 618650059-132-SPH CLTA Guarantee Form No. 1 (06-05-14) Litigation Guarantee © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. SCHEDULE B Part II 1. An unrecorded lease with certain terms, covenants, conditions and provisions set forth therein as disclosed by the document Entitled: Laundry Room Lease Lessor: H.S. Chin Lessee: Web Service Company, Inc. Recording Date: September 10, 1976 Recording No: as Instrument No. 134765 of Official Records and Recording Date: January 18, 1988 and Recording No: as Instrument No. 1988-5058 of Official Records The present ownership of the leasehold created by said lease and other matters affecting the interest of the lessee are not shown herein. Order No. 618650059-132-SPH CLTA Guarantee Form No. 1 (06-05-14) Litigation Guarantee © California Land Title Association. All rights reserved. The use of this Form is restricted to CLTA subscribers in good standing as of the date of use. All other uses are prohibited. Reprinted under license or express permission from the California Land Title Association. SCHEDULE C Addresses Chin Family Properties Limited Partnership 46400 Dune Palms Road La Quinta, California (OWNERS of Record) Chin Family Properties Limited Partnership 3487 Rowena Avenue Los Angeles, California 90027 (OWNERS of Record) Chin Family Properties Limited Partnership c/o: Greenwald, Hoffman, Meyer & Montes, LLP 500 N. Brand Boulevard, Suite 920 Glendale, California 91203 (OWNERS of Record) Web Service Company, Inc. 3690 Freeman Boulevard Redondo Beach, California 90278 (LESSEE under Item 1, Part II) 2. Any and all parties known to the plaintiff to have or claim any interest in said land, or whose interest could be ascertained by an inspection of said land or by making inquiry of persons in possession thereof, should also be named as parties defendant.