HomeMy WebLinkAboutReso 1988-13853~,~c~ !~ .;~'~7 2279 88 595803
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' ~ ~ B~SO~U~ZO~ O~ ~B C~Y CO~C~ O~ ~EB C~
C-' "j' CHULA VISTA ACCEPTING GRANT OF EASEMENT FROM~ V~-~
~ 'J ROBERT J. COSTELLO FOR STREET PURPOSES AT
' ~ ARIZONA STREET
The City Council of the City of Chula Vista does hereby
resolve as follows:
NOW, THEREFORE, BE IT RESOLVED by the City Council of
the City of Chula Vista that that certain grant of easement
for street purposes at 582 Arizona Street
executed by Robert J. Costello
dated the 19th day of September , 198 8 , a
copy of which is attached hereto and by this reference made a
part hereof as though'fully set forth herein, be and the same is
hereby accepted by the City of Chula Vista. ~
BE IT FURTHER RESOLVED that the City Clerk of the City
of Chula Vista be, and she is hereby authorized and directed to
record said easement in the office of the San Diego County
Recorder.
Presented by Approved as to form by
/
~orks
0362a
~orm
Rev. 2-~6
2280
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
Ct. _A VISTA, CALIFORNIA, this 8th dOy Of November
19 88 , by the following vole, to-wit:
AYES: Councilmembers Malcolm, Cox, Moore, McCandliss, Nader
NAYES: Counci ] members None
ABSTAIN: Councilmembers None
ABSENT: Councilmembers None
~Chulo Vista
/_,/ ci,y c,.k/J
S'. : OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss.
CITY OF CHULA VISTA )
I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chulo Vista, California,
DO HEREBY CERTIFY that the above and foregoing is o full, true and correct copy of
RESOLUTION N0. 13853 ,and that the same has not been amended or repealed
CC-660
W~EN RECORDED, PLEASE MAIL
" 2 81
THIS INSTRUMENT TO:
City Clerk
City of Chula Vista
0. Box
Chula Vista, CA 92012
NO TRANSFER TAX DUE
SPACE ABOVE FOR RECORDER'S USE ONLY
Assessor's Parcel
Easement for Street Pur, poses
Robert J. Costello
do(es) hereby grant, convey and dedicate to the CITY OF CHULAVISTA,
State of California, the right of way and incidents thereto for a public
street upon, over and across that certain real property in the City of
Chula Vista, County of San Diego, State of California, described as
.follows:
The south 2-1/2 feet of the northerly 22-1/2 feet of the westerlv
60 feet of the easterly 360 feet of lot 25, quarter section 146,
Rancho De La Nacion, in the City of Chula Vista, County of San
Diego, State of California, according to the map thereof No. 505 on
file in the office of the Recorder of said San Diego County.
PW-E-77
2284
"' ~ ARIZONA STR. E T
(5~' R/W)
SCALE; I '---20'
LOT LINE'--,~,
~ 60' ~ T ~o~,
k O T 2 5
j
STRE~ DEDICATION:
RANCHO DE ~ NACION, IN THE CI~ OF CHU~ VISTA, COUN~ OF SAN
ASSESSOR PARCEL NO.:
LEGEND
SAN DIEGO LAND SURVEYING
AND ENGINEERING, INC.
2285
When recorded mail to:
BANK OF COMMERCE
ATTN: DORRIE
7980 CLAIREMONT MESA, BLVD.
SAN DIEGO, CA 92111'-1685
SUBORDINATION AGREEMENT
WHEREAS, the owner of that certain property hereinafter described has
granted to the City of Chula Vista, a municipal corporation, in the
County of San Diego, State of California, the permanent easement and
right of way.
The South 2 1/2 feet of the Northerly 22 1/2 feet of the
Westerly 60 feet of the Easterly 360 feet of Lot 25, Quarter
Section 146, RANCHO DE LA NACION, in the City of Chula Vista,
County of San Diego, State of California, according to Map
thereof No. 505 on file in the Office of the County Recorder
of San Diego County.
AND WHEREAS, Bank of Commerce, a California banking corporation, is
hereinafter known as the BENEFICIARY; and Transamerica Title Insurance
Company, a California corporation, is hereinafter known as the TRUSTEE
as of the date of this instrument under that certain deed of trust
executed by Robert J. Costello, a single man, as his sole and separate
property, to secure a note for Seven Hundred Fourteen Thousand, Five
Hundred Dollars and 00/100 DOLLARS ($714,500.00~ with interest, dated
July 6, 1988, and recorded July 8, 1988, in Official Records of the
San Diego County Recorder, covering the property hereinabove
described, as Instrument No. 88-331224.
AND WHEREAS, the BENEFICIARY affirms they are the owner and holder of
the hereinabove described trust deed note, and they hereby direct and
authorize said TRUSTEE to join in the execution of this instrument.
NOW, THEREFORE, for and in consideration of the benefits to accrue to
the above described land by acceptance of said easement by said City
of Chula Vista, the undersigned expressly subordinates all right,
title, and interest in and to that portion of said premises herein
described, covered by said deed of trust, to the interest of said City
of Chula Vista in said easement with the intent that said easement
shall be prior and superior to the lien of the deed of trust
hereinabove described.
IN WITNESS WHEREOF, the BENEFICIARY and the TRUSTEE have caused this
instrument to be executed this 22nd day of September, 1988.
AS TRUSTEE: AS BENEFICIARY:
Transamerica Tit e Insurance Company Bank of~/~
By: ~ By~
' J : ~ZC '~/V.q ~ President
~ ~.' Eric~sd~ ~fCe President
State of California
County of i~t, c2- ] SS
On S~. 3-~ , 19 ~,,~,I before me, the undersigned, a
Notary ~ublic in and for said County and State, personally appeared
personally known to me or proved to me on the basis of satisfactory
evidence to be the person who executed he within instrument as
of the Corporation therein named, and ac ledged to me that such
Corporation executed the within instrument pursuant to its By-laws or
a Resolution of its Board of Directors.
No~ary's Srgnatu~e ' ~ STA';YDPiuE'~'~?;
State of California ]
] SS
0n~Q-b~li(~-( ~ 19Y~ , before me, the undersigned, a
Notary P c in and for sai~ County and State, personally appeared
personally known to me or proved to me on the basis of satisfactory
evidence to be the person ~ who executed he within instrument as
"'President, . V, tc,
of the Corporation therein named, and acknowledged to me that such
Corporation executed the within inst~ment pursuant to its By-laws or
a Resolution of its Board of Directors.
Notary ~ ~ Sig~atgre ~ DIEGO