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870, Lot line adjustment. Property , Miscellaneous, OtherCLTA Preliminary Report Form (Rev. 11/06) a� ♦MER+ p Customer Reference: Order Number: 1 First American Tithe Order Number: 4813011 Page Number: 1 First A , ericaan Title Co p 3858 Carson Street, Suite 100 Torrance, CA 90503 4813011 (TO) Title Officer: Joe Mansueto Phone: (310)750-2147 Fax No.: (866)878-7968 E-Mail: jmansueto@firstam.com Property: 3 Georgeff Road Rolling Hills, CA 90274 PRELIMINARY REPORT y FEB 1 7 2015 City of Rolling Hills By In response;to the above referenced application for a policy of title insurance, this company hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against toss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said policy or policies are set forth in Exhibit A attached. The policy to be Issued may contain an arbitration dause, When theAmount of Insurance /s less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner's Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A. Copies of the policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report Fs not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the Issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title Page 1 of 14 Order Number: 4813011 Page Number: 2 Dated as of January 23, 2015 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: ALTA/CLTA Homeowner's (EAGLE) Policy of Title Insurance (2010) and ALTA Ext Loan Policy 1056.06 (06-17-06) if the land described is an improved residential lot or condominium unit on which there is located a one -to -four family residence; or ALTA Standard Owner's Policy 2006 (WRE 06-17-06) and the ALTA Loan Policy 2006 (06-17-06) if the land described is an unimproved residential lot or condominium unit A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: FRANK D. ROBINSON, TRUSTEE OF THE FRANK D. ROBINSON TRUST DATED MARCH 25, 1998 The estate or interest in the land hereinafter described or referred to covered by this Report is: The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows: 1. General and special taxes and assessments for the fiscal year 2015-2016, a lien not yet due or payable. 2. The lien of supplemental taxes, if any, assessed pursuant to Chapter 3.5 commencing with Section 75 of the California Revenue and Taxation Code. 3. The Terms, Provisions and Easement(s) contained in the document entitled "AN AGREEMENT AND DECLARATION OF ESTABLISHMENT OF CONDITIONS AND RESTRICTIONS" recorded June 29, 1945 as BOOK 22103, PAGE 83 of Official Records. 4. An easement for ROAD, PUBLIC UTILITIES, BRIDLE TRAIL and incidental purposes in the document recorded September 05, 1945 as BOOK 21868, PAGE 437 of Official Records. First American Title Page 2 of 14 Order Number: 4813011 Page Number: 3 5. Covenants, conditions, restrictions and easements in the document recorded June 11, 1956 as BOOK 51618, PAGE 181 of Official Records, which provide that a violation thereof shall not defeat or render invalid the lien of any first mortgage or deed of trust made in good faith and for value, but deleting any covenant, condition, or restriction indicating a preference, limitation or discrimination based on race, color, religion, sex, sexual orientation, familial status, disability, handicap, national origin, genetic information, gender, gender identity, gender expression, source of income (as defined in California Government Code § 12955(p)) or ancestry, to the extent such covenants, conditions or restrictions violation 42 U.S.C. § 3604(c) or California Government Code §12955. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status. 6. An easement for PIPE LINES and incidental purposes in the document recorded July 06, 1956 as BOOK, 51666, PAGE 148 of Official Records. 7. An easement for LIGHT AND VENTILATION, UPON WHICH NO STRUCTURES MAY BE ERECTED EXCEPT FENCES AND DRIVEWAYS and incidental purposes in the document recorded July 07, 1964 as BOOK D-2536, PAGE 605 of Official Records. 8. An easement for POLE LINES, CONDUITS and incidental purposes in the document recorded July 01, 1965 as INSTRUMENT NO. 65-5358 of Official Records. 9. The terms and provisions contained in the document entitled "AGREEMENT FOR JOINT USE AND MAINTENANCE OF A PRIVATE DRIVEWAY" recorded April 25, 1969 as BOOK D-4350, PAGE 603 of Official Records. 10. A Deed of Trust to secure an original indebtedness of $160,000.00 recorded April 29, 1966 as INSTRUMENT NO. 66-1492 of Official Records. Dated: April 19, 1966 Trustor: EARLE L HENDRICKS AND MYRA L HENDRICKS, HUSBAND AND WIFE Trustee: SECURITY TITLE INSURANCE COMPANY, A CALIFORNIA CORPORATION Beneficiary: AETNA LIFE INSURANCE COMPANY, A CONNECTICUT CORPORATION 11. Any defects, liens, encumbrances or other matters which name parties with the same or similar names as FRANK D. ROBINSON (ELEVEN + MATTERS). The name search necessary to ascertain the existence of such matters has not been completed. In order to complete this preliminary report or commitment, we will require a statement of information. 12. Rights of the public in and to that portion of the land lying within any Road, Street, Alley or Highway. 13. Water rights, claims or title to water, whether or not shown by the public records. Prior to the issuance of any policy of title insurance, the Company will require: 14. With respect to the trust referred to in the vesting: a. A certification pursuant to Section 18100.5 of the California Probate Code in a form satisfactory to the Company. First American Title Page 3 of 14 Order Number: 4813011 Page Number: 4 b. Copies of those excerpts from the original trust documents and amendments thereto which designate the trustee and confer upon the trustee the power to act in the pending transaction. c. Other requirements which the Company may impose following its review of the material required herein and other information which the Company may require. First American Title Page 4 of 14 Order Number: 4813011 Page Number: 5 INFORMATIONAL NOTES Note: The policy to be issued may contain an arbitration dause. When the Amount of Insurance is less than the certain dollar amount set forth in any applicable arbitration dause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exdusive remedy of the parties. If you desire to review the terms of the policy, induding any arbitration clause that may be included, contact the office that issued this Commitment or Report to obtain a sample of the, policy jacket for the policy that is to be issued in connection with your transaction. 1. General and special taxes and assessments, for the fiscal year 2014-2015. First Installment: $6,999.29, PAID Penalty: $0.00 Second Installment: $6,999.28, PAID Penalty: $0.00 Tax Rate Area: 60-07084 A. P. No.: 7567-015-022 2. The property covered by this report is vacant land. 3. According to the public records, there has been no conveyance of the land within a period of twenty-four months prior to the date of this report, except as follows: None NOTE to proposed insured lender only: No Private transfer fee covenant, as defined in Federal Housing Finance Agency Final Rule 12 CFR Part 1228, that was created and first appears in the Public Records on or after February 8, 2011, encumbers the Title except as follows: None The map attached, if any, may or may not be a survey of the land depicted hereon. First American expressly disclaims any liability for loss or damage which may result from reliance on this map except to the extent coverage for such loss or damage is expressly provided by the terms and provisions of the title insurance policy, if any, to which this map is attached. FirstAmerican Title Page 5 of 14 Order Number: 4813011 Page Number: 6 LEGAL DESCRIPTION Real property in the City of Rolling Hills, County of Los Angeles, State of California, described as follows: THOSE PORTIONS OF LOT "H" OF THE RANCHO LOS PALOS VERDES, IN THE CITY OF ROLLING HILLS, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL. VS. BENT, ET AL." CASE NO. 2374, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4, PAGE 57 OF JUDGMENTS, IN SUPERIOR COURT OF SAID COUNTY; DESCRIBED AS FOLLOWS: BEGINNING AT THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL NO. 1 OF DEED TO 3. M. TOWNSEND AND WIFE, RECORDED IN BOOK 21078 PAGE 391 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE EASTERLY LINE OF THE LAND DESCRIBED IN PARCEL NO. 1 OF DEED TO CARL R. ERICKSON, RECORDED IN BOOK 20812, PAGE 286 OF SAID OFFICIAL RECORDS, NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST 266.57 FEET TO AN ANGLE POINT THEREIN; THENCE CONTINUING ALONG SAID LAST MENTIONED LINE NORTH 31 DEGREES 42 MINUTES 10 SECONDS EAST 120.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 43 DEGREES 09 MINUTES 25 SECONDS EAST 102.41 FEET; THENCE NORTH 66 DEGREE 40 MINUTES 20 SECONDS EAST 190.10 FEET; THENCE SOUTH 22 DEGREES 12 MINUTES 10 SECONDS EAST 106.61 FEET; THENCE SOUTH 41 DEGREES 11 MINUTES 25 SECONDS EAST 323.94 FEET TO A POINT IN THE SOUTHEASTERLY BOUNDARY OF THE LAND DESCRIBED AS PARCEL NO. 1 IN DEED TO ELWOOD COMPTON, RECORDED IN BOOK 21868 PAGE 437 OF OFFICIAL RECORDS DISTANT THEREON SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 218.56 FEET FROM AN ANGLE POINT THEREIN; THENCE ALONG THE EXTERIOR BOUNDARY OF SAID PARCEL THE FOLLOWING COURSES AND DISTANCES; NORTH 36 DEGREES 47 MINUTES 20 SECONDS EAST 218.56 FEET, NORTH 46 DEGREES 23 MINUTES 00 SECONDS WEST 124.08 FEET, NORTH 11 DEGREES 12 MINUTES 20 SECONDS EAST 351.56 FEET, NORTH 79 DEGREES 02 MINUTES 50 SECONDS WEST 271.30 FEET, SOUTH 59 DEGREES 28 MINUTES 10 SECONDS WEST 267.73 FEET, AND SOUTH 31 DEGREES 42 MINUTES 10 SECONDS WEST 210.52 FEET TO THE TRUE POINT OF BEGINNING. APN: 7567-015-022 First American Title Page 6 of 14 Order NuratteC. 461:301.1 Page %umber, 7 4 - , ÷.74r 3 4::.‘...„ •4:- tot s's'ts .1 ..,- ,,, • :. 2. ..."%k ' e V 0,0 . i ` :?' •••• - 7: - ^ - - - - • '15,`,' i. ..._ ".1 ''''`;',/,..1.443 •,,,.",.. 4. t4, '`' il'' ....t. v:;ii,..- -4.::\ '4'+= ..".04-• -7•211t '''.-: 'V rSkt4 7..., 4' eV S -1! ".... ..... ..,.,% 4' 4, ..., V.t. ' ...tg'!..,•iN 1..,, r , .1/4•:-%' t =,' i • rat-44._ ..... /;,,,, . t rir 7. r ..... t 74 0 vl %Vi 3/ 74.4 * .4.', i First American Title Page7 14 Order Number: 4813011 Page Number: B NOTICE Section 12413.1 of the California Insurance Code, effective January 1, 1990, requires that any title insurance company, underwritten title company, or controlled escrow company handling funds in an escrow or sub -escrow capacity, wait a specified number of days after depositing funds, before recording any documents in connection with the transaction or disbursing funds. This statute allows for funds deposited by wire transfer to be disbursed the same day as deposit. In the case of cashier's checks or certified checks, funds may be disbursed the next day after deposit. In order to avoid unnecessary delays of three to seven days, or more, please use wire transfer, cashier's checks, or certified checks whenever possible. First American Title Page 8 of 14 Order Number: 4813011 Page Number: 9 WIRE INSTRUCTIONS for First American Title Company, Demand/Draft Sub -Escrow Deposits Los Angeles County, California PAYABLE TO: BANK: ADDRESS: ACCOUNT NO: ROUTING NUMBER: First American Title Company First American Trust, FSB 5 First American Way, Santa Ana, CA 92707 3013510000 122241255 PLEASE REFERENCE THE FOLLOWING: PROPERTY: 3 Georgeff Road, Rolling Hills, CA 90274 FILE NUMBER: 4813011 (TO) ATTENTION: Joe Mansueto PLEASE USE THE ABOVE INFORMATION WHEN WIRING FUNDS TO First American Title Company, FUNDS MUST BE WIRED FROM A BANK WITHIN THE UNITED STATES. PLEASE NOTIFY Joe Mansueto AT (310)750- 2147 OR jmansueto@firstam.com WHEN YOU HAVE TRANSMITTED YOUR WIRE. IF YOUR FUNDS ARE BEING WIRED FROM A NON-U.S. BANK. ADDITIONAL CHARGES MAY APPLY. PLEASE CONTACT YOUR ESCROW OFFICER/CLOSER FOR INTERNATIONAL WIRING INSTRUCTIONS. AN ACH TRANSFER CANNOT BE ACCEPTED FOR CLOSING, BECAUSE IT IS NOT THE SAME AS A WIRE, AND REOUIRES ADDITIONAL TIME FOR CLEARANCE., FIRST AMERICAN TRUST CONTACT INFO: Banking Services 1-877-600-9473 ALL WIRES WILL BE RETURNED IF THE FILE NUMBER AND/OR PROPERTY REFERENCE ARE NOT INCLUDED With cyber crimes on the increase, it is important to be ever vigilant. If you receive an e-mail or any other communication that appears to be generated from a First American employee that contains new, revised or altered bank wire instructions, consider it suspect and call our office at a number you trust. Our bank wire instructions seldom change. First American Title Page 9 of 14 Order Number: 4813011 Page Number: 10 EXHIBIT A LIST OF PRINTED EXCEPTIONS AND EXCLUSIONS (BY POLICY TYPE) CLTA/ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE (02-03-10) EXCLUSIONS In addition to the Exceptions in Schedule B, You are not insured against loss, costs, attorneys' fees, and expenses resulting from: 1. Governmental police power, and the existence or violation of those portions of any law or government regulation concerning: (a) building; (d) improvements on the Land; (b) zoning; (e) land division; and (c) land use; (f) environmental protection. This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27. 2. The failure of Your existing structures, or any part of them, to be constructed in accordance with applicable building codes. This Exclusion does not limit the coverage described in Covered Risk 14 or 15. 3. The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17. 4. Risks: (a) that are created, allowed, or agreed to by You, whether or not they are recorded in the Public Records; (b) that are Known to You at the Policy Date, but not to Us, unless they are recorded in the Public Records at the Policy Date; (c) that result In no loss to You; or (d) that first occur after the Policy Date - this does not limit the coverage described In Covered Risk 7, 8.e., 25, 26, 27 or 28. 5. Failure to pay value for Your Tide. 6. Lack of a right: (a) to any land outside the area specifically described and referred to in paragraph 3 of Schedule A; and (b) in streets, alleys, or waterways that touch the Land. This Exclusion does not limit the coverage described in Covered Risk 11 or 21. 7. The transfer of the Title to You is Invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy, state insolvency, or similar creditors' rights laws. LIMITATIONS ON COVERED RISKS Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows: For Covered Risk 16, 18, 19, and 21 Your Deductible Amount and Our Maximum Dollar Limit of liability shown in Schedule A. Your Deductible Amount Covered Risk 16: 1% of Policy Amount or $2,500.00 (whichever is less) Covered Risk 18: 1% of Policy Amount or $5,000.00 (whichever Is less) Covered Risk 19:1% of Policy Amount or $5,000.00 (whichever is less) Covered Risk 21: 1% of Policy Amount or $2,500.00 (whichever is less) Our Maximum Dollar Limit of Liability $10,000.00 $25,000.00 $25,000.00 $5,000.00 ALTA RESIDENTIAL TITLE INSURANCE POLICY (6-1.87) EXCLUSIONS In addition to the Exceptions in Schedule B, you are not Insured against loss, costs, attorneys' fees, and expenses resulting from: 1. Governmental police power, and the existence or violation of any law or government regulation. This includes building and zoning ordinances and also laws and regulations concerning: (a) and use (b) improvements on the land (c) and division (d) environmental protection This exclusion does not apply to violations or the enforcement of these matters which appear in the public records at Policy Date. This exclusion does not limit the zoning coverage described in Items 12 and 13 of Covered Title Risks. 2. The right to take the land by condemning it, unless: First American Title Page 10 of 14 Order Number: 4813011 Page Number: 11 (a) a notice of exercising the right appears in the public records on the Policy Date (b) the taking happened prior to the Policy Date and is binding on you if you bought the land without knowing of the taking 3. Title Risks: (a) that are created, allowed, or agreed to by you (b) that are known to you, but not to us, on the Policy Date -- unless they appeared in the public records (c) that result in no loss to you (d) that first affect your title after the Policy Date -- this does not limit the labor and material lien coverage in Item 8 of Covered Title Risks 4. Failure to pay value for your title. 5. Lack of a right: (a) to any land outside the area specifically described and referred to in Item 3 of Schedule A OR (b) in streets, alleys, or waterways that touch your land This exdusion does not limit the access coverage in Item 5 of Covered Title Risks. 2006 ALTA LOAN POLICY (06-17-06) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law; ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exdusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created; suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 13, or 14); or (e) resulting in loss or damage that would not have been sustained If the Insured Claimant had paid value for the Insured Mortgage. 4. Unenforceability of the lien of the Insured Mortgage because of the Inability or failure of an Insured to comply with applicable doing - business laws of the state where the Land is situated. 5. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and Is based upon usury or any consumer credit protection or truth -in -lending law. 6. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy. 7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b). The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also indude the following Exceptions from Coverage: EXCEPTIONS FROM COVERAGE This policy does not insure aganst loss or damage (and the Company will not pay costs, attorneys' fees or expenses) that arise by reason of: 1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. First American Title Page 11 of 14 Order Number: 4813011 Page Number: 12 4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disdosed by an accurate and complete land survey of the Land and not shown by the Public Records. 5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, daims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. 6. Any lien or right to a lien for services, labor or material not shown by the public records. 2006 ALTA OWNER'S POLICY (06-17-06) EXCLUSIONS FROM COVERAGE The following matters are expressly exduded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law; ordinance, permit, or governmental regulation (induding those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the Land; (Ii) the character, dimensions, or location of any improvement erected on the Land; (lii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental ponce power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3, Defects, liens, encumbrances, adverse daims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 9 or 10); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title. 4. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction vesting the Title as:shown in Schedule A, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy. 5. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. The above policy form may be Issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage: EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) that arise by reason of: 1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 3. Easements, liens or encumbrances, or daims thereof, not shown by the Public Records. 4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, daims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. 6. Any lien or right to a lien for services, labor or material not shown by the public records. ALTA EXPANDED COVERAGE RESIDENTIAL LOAN POLICY (07-26-10) EXCLUSIONS FROM COVERAGE The following matters are expressly exduded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: First American Tide Page 12 of 14 Order Number: 4813011 Page Number: 13 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (I) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (Ili) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16. 2. Rights of eminent domain. This Exdusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting In no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 16, 17, 18, 19, 20, 21, 22, 23, 24, 27 or 28); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing - business laws of the state where the Land Is situated. 5. Invalidity or unenforceabiiity in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth -in -lending law. This Exclusion does not modify or limit the coverage provided in Covered Risk 26. 6. Any claim of invalidity, unenforceability or lack of priority of the lien of the Insured Mortgage as to Advances or modifications made after the Insured has Knowledge that the vestee shown in Schedule A is no longer the owner of the estate or interest covered by this policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11. 7. Any lien on the Tale for real estate taxes or assessments imposed by governmental authority and created or attaching subsequent to Date of Policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11(b) or 25. 8. The failure of the residential structure, or any portion of it, to have been constructed before, on or after Date of Policy in accordance with applicable building codes. This Exclusion does not modify or limit the coverage provided in Covered Risk 5 or 6. 9. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 27(b) of this policy. First American Title Page 13 of 14 CLTA Preliminary Report Form Order Number: 4813010 (Rev. 11/06) Page Number: 1 First American Title First American Title Company 3858 Carson Street, Suite 100 Torrance, CA 90503 Customer Reference: Order Number: 4813010 (TO) Title Officer: Joe Mansueto Phone: (310)750-2147 Fax No.: (866)878-7968 E-Mail: jmansueto@firstam.com Property: 1 Georgeff Road Rolling Hills, CA 90274 PRELIMINARY REPORT FEB 1 7 2015 City of Rolling Hills By__ In response to the above referenced application for a policy of title Insurance, this company hereby reports that it Is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said policy or policies are set forth in Exhibit A attached. The policy to be Issued may contain an arbitration clause. When the Amount of Insurance Is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner's Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A. Copies of the policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth In Exhibit A of this report carefully. The exceptions and exdusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is important to note that this preliminary report is not a written representation as to the condition of title and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. If it Is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title Page 1 of 14 Order Number: 4813010 Page Number: 2 Dated as of January 20, 2015 at 7:30 A.M. The form of Policy of title insurance contemplated by this report is: ALTA/CLTA Homeowner's (EAGLE) Policy of Title Insurance (2010) and ALTA Ext Loan Policy 1056.06 (06-17-06) if the land described is an improved residential lot or condominium unit on which there is located a one -to -four family residence; or ALTA Standard Owner's Policy 2006 (WRE 06-17-06) and the ALTA Loan Policy 2006 (06-17-06) if the land described is an unimproved residential lot or condominium unit A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: FRANK D. ROBINSON, TRUSTEE OF THE FRANK D. ROBINSON TRUST DATED MARCH 25, 1998 The estate or interest in the land hereinafter described or referred to covered by this Report is: A FEE AS TO PARCEL 1; AN EASEMENT AS TO PARCEL(S) 2, 3 AND 4 The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows: 1. General and special taxes and assessments for the fiscal year 2015-2016, a lien not yet due or payable. 2. The lien of supplemental taxes, if any, assessed pursuant to Chapter 3.5 commencing with Section 75 of the California Revenue and Taxation Code. 3. Any and all offers of dedications, conditions, restrictions, easements, notes and/or provisions shown or disclosed by the filed or recorded map referred to in the legal description. 4. An easement for POLE LINES and incidental purposes in the document recorded November 24, 1952 as BOOK 40371, PAGE 288 of Official Records. 5. The terms and provisions contained in the document entitled "AGREEMENT" recorded April 25, 1969 as INSTRUMENT NO. 69-3122 of Official Records. 6. ANY FACTS, RIGHTS, INTEREST OR CLAIMS WHICH MAY EXIST OR ARISE BY REASON OF THE FOLLOWING MATTERS DISCLOSED BY AN INSPECTION OF SURVEY: BRIDLE TRAIL, UTILITIES 7. Any irregularity in the foreclosure proceedings leading up to the Trustee's Deed recorded February 16, 1993 as INSTRUMENT NO. 93-290505 of Official Records. First American Title Page 2 of 14 Order Number: 4813010 Page Number: 3 8. Any easements and/or servitudes affecting easement parcel(s) 2, 3 AND 4 herein described. 9. Rights of the public in and to that portion of the land lying within any Road, Street, Alley or Highway. 10. Rights of parties in possession and rights of tenant(s) in the Land, including rights of all parties claiming by, through or under said tenant(s). We will require an approved declaration signed by the seller/seller's authorized agent and the buyer prior to close of this transaction. 11. Any defects, liens, encumbrances or other matters which name parties with the same or similar names as FRANK D. ROBINSON (ELEVEN+ MATTERS); FRANKLIN D. ROBINSON (ELEVEN+ MATTERS). The name search necessary to ascertain the existence of such matters has not been completed. In order to complete this preliminary report or commitment, we will require a statement of information. 12. Water rights, claims or title to water, whether or not shown by the public records. Prior to the issuance of any policy of title insurance, the Company will require: 13. With respect to the trust referred to in the vesting: a. A certification pursuant to Section 18100.5 of the California Probate Code in a form satisfactory to the Company. b. Copies of those excerpts from the original trust documents and amendments thereto which designate the trustee and confer upon the trustee the power to act in the pending transaction. c. Other requirements which the Company may impose following its review of the material required herein and other information which the Company may require. First American Title Page 3 of 14 Order Number: 4813010 Page Number: 4 INFORMATIONAL NOTES Note: The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than the certain dollar amount set forth in any applicable arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. If you desire to review the terms of the policy, including any arbitration clause that may be included, contact the office that issued this Commitment or Report to obtain a sample of the policy jacket for the policy that is to be issued in connection with your transaction. 1. General and special taxes and assessments for the fiscal year 2014-2015. First Installment: $23,715.91, PAID Penalty: $0.00 Second Installment: $23,715.90, PAID Penalty: $0.00 Tax Rate Area: 60-07084 A. P. No.: 7567-015-023 2. This report is preparatory to the issuance of an ALTA Loan Policy. We have no knowledge of any fact which would preclude the issuance of the policy with CLTA endorsement forms 100 and 116 and if applicable, 115 and 116.2 attached. When issued, the CLTA endorsement form 116 or 116.2, if applicable will reference a(n) Single Family Residence known as 1 GEORGEFF ROAD, ROLLING HILLS, CA. 3. According to the public records, there has been no conveyance of the land within a period of twenty-four months prior to the date of this report, except as follows: None 4. We find no open deeds of trust. Escrow please confirm before closing. NOTE to proposed insured lender only: No Private transfer fee covenant, as defined in Federal Housing Finance Agency Final Rule 12 CFR Part 1228, that was created and first appears in the Public Records on or after February 8, 2011, encumbers the Title except as follows: None The map attached, if any, may or may not be a survey of the land depicted hereon. First American expressly disclaims any liability for loss or damage which may result from reliance on this map except to the extent coverage for such loss or damage is expressly provided by the terms and provisions of the title insurance policy, if any, to which this map is attached. FirstAmerican Title Page 4 of 14 Order Number: 4813010 Page Number: 5 LEGAL DESCRIPTION Real property in the City of Rolling Hills, County of Los Angeles, State of California, described as follows: PARCEL 1: THOSE PORTIONS OF LOTS 56 AND 57 AND L.A.C.A. NO. 51, IN THE CITY OF ROLLING HILLS, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA AS PER MAP RECORDED IN BOOK 1, PAGE 1 OF ASSESSOR MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS A WHOLE AS FOLLOWS: BEGINNING AT THE SOUTHERLY TERMINUS OF THAT CERTAIN COURSE IN THE WESTERLY BOUNDARY OF SAID LOT 56 SHOWN ON SAID MAP AS HAVING A BEARING OF NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST AND A LENGTH OF 266.57 FEET AND BEING ALSO THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL 1 IN THE DEED TO J.M. TOWNSEND AND WIFE, RECORDED IN BOOK 21078, PAGE 391 OF OFFICIAL RECORDS, IN THE OFFICE OF SAID COUNTY RECORDER, THENCE ALONG SAID WESTERLY BOUNDARY, NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST 266.57 FEET TO AN ANGLE POINT THEREIN; THENCE CONTINUING ALONG SAID WESTERLY BOUNDARY, NORTH 31 DEGREES 42 MINUTES 10 SECONDS EAST 102.41 FEET; THENCE NORTH 66 DEGREES 41 MINUTES 20 SECONDS EAST 190.10 FEET; THENCE SOUTH 22 DEGREES 12 MINUTES 10 SECONDS EAST 106.61 FEET; THENCE SOUTH 41 DEGREES 11 MINUTES 25 SECONDS EAST 323.94 FEET TO A POINT IN THE SOUTHEASTERLY LINE OF THE LAND DESCRIBED AS PARCEL 1 IN THE DEED TO ELWOOD COMPTON, RECORDED IN BOOK 21868 PAGE 437, OF OFFICIAL RECORDS, THAT IS DISTANT THEREON SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 218.56 FEET FROM AN ANGLE POINT THEREIN, THENCE ALONG THE EXTERIOR BOUNDARY OF SAID LAST MENTIONED LAND, SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 292.16 FEET AND NORTH 64 DEGREES 26 MINUTES 50 SECONDS WEST 497.83 FEET TO THE POINT OF BEGINNING. PARCEL 2: AN EASEMENT IN THE CITY OF ROLLING HILLS, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, FOR ROAD PURPOSES OVER A STRIP OF LAND 100.00 FEET WIDE, 50.00 FEET MEASURED AT RIGHT ANGLES OR RADIALLY, ON EACH SIDE OF THE FOLLOWING DESCRIBED CENTER LINE: BEGINNING AT THE SOUTHWESTERLY CORNER OF LOT 125 OF ROLLING HILLS, AS PER MAP RECORDED IN BOOK 201, PAGE 29 ET SEQ., OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY; THENCE ALONG THE SOUTHERLY PROLONGATION OF THE WESTERLY LINE OF SAID LOT 125 SOUTH 2 DEGREES 17 MINUTES 10 SECONDS WEST 55.99 FEET TO A POINT IN A LINE PARALLEL WITH AND 50.00 FEET, MEASURED AT RIGHT ANGLES SOUTHWESTERLY FROM THE SOUTHWESTERLY LINE OF SAID ROLLING HILLS; THENCE ALONG SAID PARALLEL LINE SOUTH 60 DEGREES 58 MINUTES 10 SECONDS EAST 376.28 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 600.00 FEET; THENCE SOUTHEASTERLY ALONG SAID CURVE 479.97 FEET; THENCE SOUTH 15 DEGREES 08 MINUTES 10 SECONDS EAST 235.13 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE TO THE NORTHEAST HAVING A RADIUS OF 750.00 FEET; THENCE SOUTHEASTERLY ALONG SAID CURVE 740.13 FEET, THE SIDE LINES OF SAID 100 FOOT STRIP OF LAND TO BE EXTENDED OR SHORTENED TO FORM A CONTINUOUS LINE AND TO TERMINATE IN THE SOUTHWESTERLY LINE OF SAID ROLLING HILLS. PARCEL 3: First American Title Page 5 of 14 Order Number: 4813010 Page Number: 6 EASEMENTS FOR ROAD PURPOSES OVER THE LAND IN THE CITY OF ROLLING HILLS, DESCRIBED IN ROADS NO. 1 AND NO. 2 AND PARCELS A, B, C, D AND E IN SECTION 6 "A" ARTICLE V OF DECLARATION OF RESTRICTIONS RECORDED IN BOOK 14065, PAGE 345 OF OFFICIAL RECORDS OF SAID COUNTY, AND AS AMENDED IN DESCRIPTION OF THE MODIFICATION OF SAID DECLARATION, RECORDED IN BOOK 14311, PAGE 58 OF SAID OFFICIAL RECORDS AND OVER THE LAND DESCRIBED IN ROAD NO. 3 IN DECLARATION OF RESTRICTIONS RECORDED IN BOOK 14710, PAGE 166 OF SAID OFFICIAL RECORDS. PARCEL 4: AN EASEMENT FOR INGRESS AND EGRESS OVER THOSE PORTIONS OF LOT "H" OF THE RANCHO LOS PALOS VERDES, IN THE CITY OF ROLLING HILLS, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL V. BENT, ET AL.," CASE NO. 2373 IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4 PAGE 57 OF JUDGMENTS, IN SUPERIOR COURT OF SAID COUNTY, INCLUDED WITHIN A STRIP OF LAND 15 FEET WIDE, THE SIDE LINES OF WHICH ARE 7.50 FEET ON EACH SIDE OF THE FOLLOWING DESCRIBED CENTER LINE: COMMENCING AT THE SOUTHERLY TERMINUS OF THAT CERTAIN COURSE IN THE WESTERLY BOUNDARY OF LOT 56 OF L.A.C.A. NO. 51 AS PER MAP RECORDED IN BOOK 1 PAGE 1 OF ASSESSOR'S MAP SHOWN ON SAID MAP AS HAVING A BEARING OF NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST AND A LENGTH OF 266.47 FEET, AND BEING ALSO THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL 1 IN DEED TO J.M. TOWNSEND AND WIFE, RECORDED IN BOOK 21078, PAGE 391 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG SAID WESTERLY BOUNDARY, NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST 266.57 FEET TO AN ANGLE POINT THEREIN, THENCE CONTINUING ALONG SAID WESTERLY BOUNDARY, NORTH 31 DEGREES 52 MINUTES 10 SECONDS 120.00 FEET; THENCE LEAVING SAID BOUNDARY, SOUTH 43 DEGREES 09 MINUTES 25 SECONDS EAST 18.12 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 31 DEGREES 42 MINUTES 10 SECONDS EAST PARALLEL WITH AND 17.50 FEET SOUTHEASTERLY OF THE WESTERLY BOUNDARY OF SAID LOT 56, A DISTANCE OF 144.00 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE WESTERLY AND HAVING A RADIUS OF 30.00 FEET; THENCE NORTHERLY ALONG SAID CURVE, AN ARC DISTANCE OF 21.47 FEET THROUGH A CENTRAL ANGLE OF 41 DEGREES 00 MINUTES 00 SECONDS; THENCE NORTH 0 DEGREES 17 MINUTES 50 SECONDS WEST ALONG A TANGENT LINE TO SAID CURVE 49 FEET, MORE OR LESS, TO THE CENTER LINE OF THE ROAD EASEMENT RECORDED MARCH 15, 1950 IN BOOK 32575, PAGE 385 OF OFFICIAL RECORDS. THE SIDE LINES OF SAID 15 FOOT WIDE STRIP SHALL BE PROLONGED OR SHORTENED TO TERMINATE IN SAID COURSE OF SOUTH 43 DEGREES 09 MINUTES 25 SECONDS EAST 18.12 FEET AND PROLONGATION AND TO TERMINATE IN THE SOUTHERLY LINE OF THE 50 FOOT WIDE STRIP OF LAND DESCRIBED IN SAID EASEMENT RECORDED IN BOOK 32575, PAGE 385 OF OFFICIAL RECORDS. APN: 7567-015-023 First American Title Page 6 of 14 U or 0 3� O �! @+}A «. 9§ 0 f y .wi $_. -�0 0 \ 7 z� 9 40 .4.40.1.4e. 01 % k ilij, li k � » o � 0 � �> � cnftl First Page/ oI : 4 \ 3 Order Number: 4813010 Page Number: 8 NOTICE Section 12413.1 of the California Insurance Code, effective January 1, 1990, requires that any title insurance company, underwritten title company, or controlled escrow company handling funds in an escrow or sub -escrow capacity, wait a specified number of days after depositing funds, before recording any documents in connection with the transaction or disbursing funds. This statute allows for funds deposited by wire transfer to be disbursed the same day as deposit. In the case of cashier's checks or certified checks, funds may be disbursed the next day after deposit. In order to avoid unnecessary delays of three to seven days, or more, please use wire transfer, cashier's checks, or certified checks whenever possible. First American Title Page 8 of 14 Order Number: 4813010 Page Number: 9 WIRE INSTRUCTIONS for First American Title Company, Demand/Draft Sub -Escrow Deposits Los Angeles County, California PAYABLE TO: First American Title Company BANK: First American Trust, FSB ADDRESS: 5 First American Way, Santa Ana, CA 92707 ACCOUNT NO: 3013510000 ROUTING NUMBER: 122241255 PLEASE REFERENCE THE FOLLOWING: PROPERTY: 1 Georgeff Road, Rolling Hills, CA 90274 FILE NUMBER: 4813010 (TO) ATTENTION: Joe Mansueto PLEASE USE THE ABOVE INFORMATION WHEN WIRING FUNDS TO First American Title Company. FUNDS MUST BE WIRED FROM A BANK WITHIN THE UNITED STATES. PLEASE NOTIFY Joe Mansueto AT (310)750- 2147 OR jmansueto@firstam.com WHEN YOU HAVE TRANSMITTED YOUR WIRE. IF YOUR FUNDS ARE BEING WIRED FROM A NON-U.S. BANK, ADDITIONAL CHARGES MAY APPLY. PLEASE CONTACT YOUR ESCROW OFFICER/CLOSER FOR INTERNATIONAL WIRING INSTRUCTIONS. AN ACH TRANSFER CANNOT BE ACCEPTED FOR CLOSING, BECAUSE IT IS NOT THE SAME AS A WIRE AND REOUIRES ADDITIONAL TIME FOR CLEARANCE. FIRST AMERICAN TRUST CONTACT INFO: Banking Services 1-877-600-9473 ALL WIRES WILL BE RETURNED IF THE FILE NUMBER AND/OR PROPERTY REFERENCE ARE NOT INCLUDED With cyber crimes on the increase, it is important to be ever vigilant. If you receive an e-mail or any other communication that appears to be generated from a First American employee that contains new, revised or altered bank wire instructions, consider it suspect and call our office at a number you trust. Our bank wire instructions seldom change. First American Title Page 9 of 14 Order Number: 4813010 Page Number: 10 EXHIBIT A LIST OF PRINTED EXCEPTIONS AND EXCLUSIONS (BY POLICY TYPE) CLTA/ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE (02-03-10) EXCLUSIONS In addition to the Exceptions in Schedule B, You are not insured against loss, costs, attorneys' fees, and expenses resulting from: 1. Governmental police power, and the existence or violation of those portions of any law or government regulation concerning: (a) building; (d) improvements on the Land; (b) zoning; (e) land division; and (c) land use; (f) environmental protection. This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27. 2. The failure of Your existing structures, or any part of them, to be constructed In accordance with applicable building codes. This Exclusion does not limit the coverage described in Covered Risk 14 or 15. 3. The right to take the Land by condemning it. This Exdusion does not limit the coverage described In Covered Risk 17. 4. Risks: (a) that are created, allowed, or agreed to by You, whether or not they are recorded in the Public Records; (b) that are Known to You at the Policy Date, but not to Us, unless they are recorded in the Public Records at the Policy Date; (c) that result In no loss to You; or (d) that first occur after the Policy Date - this does not limit the coverage described In Covered Risk 7, 8.e., 25, 26, 27 or 28. 5. Failure to pay value for Your Title. 6. Lack of a right: (a) to any land outside the area specifically described and referred to in paragraph 3 of Schedule A; and (b) In streets, alleys, or waterways that touch the Land. This Exclusion does not limit the coverage described in Covered Risk 11 or 21. 7. The transfer of the Title to You is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy, state insolvency, or similar creditors' rights laws. LIMITATIONS ON COVERED RISKS Your insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows: For Covered Risk 16, 18, 19, and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown In Schedule A. Your Deductible Amount Covered Risk 16: 1% of Policy Amount or $2,500.00 (whichever is less) Covered Risk 18: 1% of Policy Amount or $5,000.00 (whichever is less) Covered Risk 19: 1% of Policy Amount or $5,000.00 (whichever is less) Covered Risk 21: 1% of Policy Amount or $2,500.00 (whichever is less) Our Maximum Dollar Limit of Liability $10,000.00 $25,000.00 $25,000.00 $5,000.00 ALTA RESIDENTIAL TITLE INSURANCE POLICY (6-1-87) EXCLUSIONS In addition to the Exceptions In Schedule B, you are not Insured against loss, costs, attorneys' fees, and expenses resulting from: 1. Governmental police power, and the existence or violation of any law or government regulation. This includes building and zoning ordinances and also laws and regulations concerning: (a) and use (b) improvements on the land (c) and division (d) environmental protection This exclusion does not apply to violations or the enforcement of these matters which appear in the public records at Policy Date. This exclusion does not limit the zoning coverage described in Items 12 and 13 of Covered Title Risks. 2. The right to take the land by condemning It, unless: First American Title Page 10 of 14 Order Number: 4813010 Page Number: 11 (a) a notice of exercising the right appears in the public records on the Policy Date (b) the taking happened prior to the Policy Date and is binding on you if you bought the land without knowing of the taking 3. Title Risks: (a) that are created, allowed, or agreed to by you (b) that are known to you, but not to us, on the Policy Date -- unless they appeared in the public records (c) that result in no loss to you (d) that first affect your title after the Policy Date -- this does not limit the labor and material lien coverage in Item 8 of Covered Title Risks 4. Failure to pay value for your title. 5. Lack of a right: (a) to any land outside the area specifically described and referred to in Item 3 of Schedule A OR (b) in streets, alleys, or waterways that touch your land This exclusion does not limit the access coverage in Item 5 of Covered Title Risks. 2006 ALTA LOAN POLICY (06-17-06) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or govemmental regulations. This Excusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 13, or 14); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing - business laws of the state where the Land is situated. 5. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth -in -lending law. 6. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy. 7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b). The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage: EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) that arise by reason of: 1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an First American Title Page 11 of 14 Order Number: 4813010 Page Number: 12 inspection of the Land or that may be asserted by persons in possession of the Land. 3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 5. (a) Unpatented mining claims; (b) reservations or exceptions In patents or In Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. 6. Any lien or right to a lien for services, labor or material not shown by the public records. 2006 ALTA OWNER'S POLICY (06-17-06) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any Improvement erected on the Land; (Ill) the subdivision of land; or (Iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exdusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 9 or 10); or (e) resulting In loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title. 4. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction vesting the Title as shown in Schedule A, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy. 5. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer In the Public Records that vests Title as shown in Schedule A. The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage: EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) that arise by reason of: 1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an Inspection of the Land or that may be asserted by persons in possession of the Land. 3. Easements, liens or encumbrances, or daims thereof, not shown by the Public Records. 4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. 6. Any lien or right to a lien for services, labor or material not shown by the public records. First American Title Page 12 of 14 Order Number: 4813010 Page Number: 13 ALTA EXPANDED COVERAGE RESIDENTIAL LOAN POLICY (07-26-10) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (I) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16. 2. Rights of eminent domain. This Exdusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting In no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 16, 17, 18, 19, 20, 21, 22, 23, 24, 27 or 28); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing - business laws of the state where the Land is situated. 5. Invalidity or unenforceability in whole or In part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth -in -lending law. This Exclusion does not modify or limit the coverage provided in Covered Risk 26. 6. Any claim of Invalidity, unenforceability or lack of priority of the lien of the Insured Mortgage as to Advances or modifications made after the Insured has Knowledge that the vestee shown In Schedule A is no longer the owner of the estate or interest covered by this policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11. 7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching subsequent to Date of Policy. This Exdusion does not modify or limit the coverage provided in Covered Risk 11(b) or 25. 8. The failure of the residential structure, or any portion of it, to have been constructed before, on or after Date of Policy in accordance with applicable building codes. This Exclusion does not modify or limit the coverage provided in Covered Risk 5 or 6. 9. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated In Covered Risk 27(b) of this policy. FirstAmerican Title Page 13 of 14 Order Number: 4813010 Page Number: 14 • Privacy Information We Are Committed to Safeguarding Customer Information In order to better serve your needs now and in the future, we may ask you to provide us with certain information. We understand that you may be concerned about what we will do with such Information - particularly any personal or financial Information. We agree that you have a right to know how we will utilize the personal information you provide to us. Therefore, together with our subsidiaries we have adopted this Privacy Policy to govern the use and handling of your personal Information. Applicability This Privacy Policy governs our use of the Information that you provide to us. It does not govern the manner In which we may use information we have obtained from any other source, such as Information obtained from a public record or from another person or entity. First American has also adopted broader guidelines that govern our use of personal information regardless of its source. First American calls these guidelines Its Fair Information Values. Types of Information Depending upon which of our services you are utilizing, the types of nonpublic personal Information that we may collect Include: • Information we receive from you on applications, forms and in other communications to us, whether in writing, in person, by telephone or any other means; • Information about your transactions with us, our affiliated companies, or others; and • Information we receive from a consumer reporting agency. Use of Information We request Information from you for our own legitimate business purposes and not for the benefit of any nonaffiliated party. Therefore, we will not release your Information to nonaffiliated parties except: (1) as necessary for us to provide the product or service you have requested of us; or (2) as permitted by law. We may, however, store such information indefinitely, including the period after which any customer relationship has ceased. Such Information may be used for any Internal purpose, such as quality control efforts or customer analysis. We may also provide all of the types of nonpublic personal Information listed above to one or more of our affiliated companies. Such affiliated companies include financial service providers, such as tide Insurers, property and casualty Insurers, and trust and investment advisory companies, or companies involved in real estate services, such as appraisal companies, home warranty companies and escrow companies. Furthermore, we may also provide all the Information we collect, as described above, to companies that perform marketing services on our behalf, on behalf of our affiliated companies or to other financial institutions with whom we or our affiliated companies have joint marketing agreements. First American Title Former Customers Even if you are no longer our customer, our Privacy Policy will continue to apply to you. Confidentiality and Security We will use our best efforts to ensure that no unauthorized parties have access to any of your information. We restrict access to nonpublic personal information about you to those individuals and entities who need to know that Information to provide products or services to you. We will use our best efforts to train and oversee our employees and agents to ensure that your Information will be handled responsibly and in accordance with this Privacy Policy and First American's Fair Information Values. We currently maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal Information. Information Obtained Through Our Web Site First American Financial Corporation Is sensitive to privacy issues on the Internet. We believe it Is Important you know how we treat the information about you we receive on the Internet. In general, you can visit First American or its affiliates' Web sites on the World Wide Web without telling us who you are or revealing any information about yourself. Our Web servers collect the domain names, not the e-mail addresses, of visitors. This Information is aggregated to measure the number of visits, average time spent on the site, pages viewed and similar Information. First American uses this Information to measure the use of our site and to develop Ideas to Improve the content of our site. There are times, however, when we may need Information from you, such as your name and email address. When information is needed, we will use our best efforts to let you know at the time of collection how we will use the personal Information. Usually, the personal Information we collect Is used only by us to respond to your Inquiry, process an order or allow you to access specific account/profile information. If you choose to share any personal Information with us, we will only use It In accordance with the policies outlined above. Business Relationships First American Financial Corporation's site and Its affiliates' sites may contain links to other Web sites. While we try to link only to sites that share our high standards and respect for privacy, we are not responsible for the content or the privacy practices employed by other sites. Cookies Some of First American's Web sites may make use of "cookie" technology to measure site activity and to customize Information to your personal tastes. A cookie Is an element of data that a Web site can send to your browser, which may then store the cookie on your hard drive. FirstAr.cgm uses stored cookies. The goal of this technology is to better serve you when visiting our site, save you time when you are here and to provide you with a more meaningful and productive Web site experience. -------------------------------------- Fair Information Values Fairness We consider consumer expectations about their privacy in all our businesses. We only offer products and services that assure a favorable balance between consumer benefits and consumer privacy. Public Record We believe that an open public record creates significant value for society, enhances consumer choice and creates consumer opportunity. We actively support an open public record and emphasize its importance and contribution to our economy. Use We believe we should behave responsibly when we use information about a consumer in our business. We will obey the laws governing the collection, use and dissemination of data. Accuracy We will take reasonable steps to help assure the accuracy of the data we collect, use and disseminate. Where possible, we will take reasonable steps to correct Inaccurate information. When, as with the public record, we cannot correct Inaccurate Information, we will take all reasonable steps to assist consumers In identifying the source of the erroneous data so that the consumer can secure the required corrections. Education We endeavor to educate the users of our products and services, our employees and others In our Industry about the Importance of consumer privacy. We will Instruct our employees on our fair Information values and on the responsible collection and use of data. We will encourage others in our Industry to collect and use information in a responsible manner. Security We will maintain appropriate facilities and systems to protect against unauthorized access to and corruption of the data we maintain. Form 50-PRIVACY (9/1/10) Page 1 of 1 Privacy Information (2001-2010 First American Financial Corporation) First American Title Page 14 of 14 CLTA Preliminary Report Form (Rev. 11/06) First American Title Order Number: 4813009 Page Number: 1 First American Title Company 3858 Carson Street, Suite 100 Torrance, CA 90503 Customer Reference: Order Number: 4813009 (TO) Title Officer: Joe Mansueto Phone: (310)750-2147 Fax No.: (866)878-7968 E-Mail: jmansueto@firstam.com Property: 1 Buckboard Lane Rolling Hills, CA 90274 PRELIMINARY REPORT FEB1 7 2015 City of Rolling Hills By In response to the above referenced application for a policy of title Insurance, this company hereby reports that It is prepared to Issue, or cause to be Issued, as of the date hereof, a Policy or Policies of Title Insurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed Schedules, Conditions and Stipulations of said Policy forms. The printed Exceptions and Exclusions from the coverage and Limitations on Covered Risks of said policy or policies are set forth in Exhibit A attached. The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties Limitations on Covered Risks applicable to the CLTA and ALTA Homeowner's Policies of Title Insurance which establish a Deductible Amount and a Maximum Dollar Limit of Liability for certain coverages are also set forth in Exhibit A. Copies of the policy forms should be read. They are available from the office which issued this report. Please read the exceptions shown or referred to below and the exceptions and exclusions set forth in Exhibit A of this report carefully. The exceptions and exclusions are meant to provide you with notice of matters which are not covered under the terms of the title insurance policy and should be carefully considered. It is Important to note that this preliminary report is not a written representation as to the condition of tide and may not list all liens, defects, and encumbrances affecting title to the land. This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the Issuance of a policy of title insurance and no liability is assumed hereby. If it is desired that liability be assumed prior to the issuance of a policy of title insurance, a Binder or Commitment should be requested. First American Title Page 1of15 Order Number: 4813009 Page Number: 2 Dated as of January 20, 2015 at 7:30 A.M. The form of Policy of title Insurance contemplated by this report is: ALTA/CLTA Homeowner's (EAGLE) Policy of Title Insurance (2010) and ALTA Ext Loan Policy 1056.06 (06-17-06) if the land described is an improved residential lot or condominium unit on which there is located a one -to -four family residence; or ALTA Standard Owner's Policy 2006 (WRE 06-17-06) and the ALTA Loan Policy 2006 (06-17-06) if the land described is an unimproved residential lot or condominium unit A specific request should be made if another form or additional coverage is desired. Title to said estate or interest at the date hereof is vested in: FRANK D. ROBINSON, TRUSTEE OF THE FRANK D. ROBINSON TRUST DATED MARCH 25, 1998 The estate or interest in the land hereinafter described or referred to covered by this Report is: A FEE AS TO PARCEL(S) 1, AN EASEMENT AS TO PARCEL(S) 2, 3 AND 4 The Land referred to herein is described as follows: (See attached Legal Description) At the date hereof exceptions to coverage in addition to the printed Exceptions and Exclusions in said policy form would be as follows: 1. General and special taxes and assessments for the fiscal year 2015-2016, a lien not yet due or payable. 2. The lien of supplemental taxes, if any, assessed pursuant to Chapter 3.5 commencing with Section 75 of the California Revenue and Taxation Code. 3. Any easements or servitudes appearing in the public records. Affects: Common Area. 4. Any and all offers of dedications, conditions, restrictions, easements, notes and/or provisions shown or disclosed by the filed or recorded map referred to in the legal description including but not limited to: PRIVATE STREET and incidental purposes affecting said land. 5. An easement for PIPE LINES AND POLE LINES and incidental purposes in the document recorded as BOOK 14607, PAGE 207 of Official Records. 6. Covenants, conditions, restrictions, easements, assessments, liens, charges, terms and provisions in the document recorded as BOOK 14065, PAGE 345 of Official Records, which provide that a violation thereof shall not defeat or render invalid the lien of any first mortgage or deed of trust made in good faith and for value, but deleting any covenant, condition, or restriction indicating a First American Title Page 2 of 15 Order Number: 4813009 Page Number: 3 preference, limitation or discrimination based on race, color, religion, sex, sexual orientation, familial status, disability, handicap, national origin, genetic information, gender, gender identity, gender expression, source of income (as defined in California Government Code § 12955(p)) or ancestry, to the extent such covenants, conditions or restrictions violation 42 U.S.C. § 3604(c) or California Government Code § 12955. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status. Note: You may wish to contact the homeowners association referred to in the above document for information regarding assessments, transfer requirements or other matters. ROLLING HILLS COMMUNITY ASSOCIATION OF RANCHO PALOS VERDES is referenced in the above mentioned document. Document(s) declaring modifications thereof recorded as BOOK 14311, PAGE 58; IN BOOK 14710, PAGE 166; IN BOOK 18153, PAGE 218; IN BOOK 20553, PAGE 301; IN BOOK 20812, PAGE 286; IN BOOK 21868, PAGE 437; IN BOOK 22103, PAGE 83 AND IN BOOK 23400, PAGE 74, ALL of Official Records. 7. An easement for POLE LINES and incidental purposes in the document recorded as BOOK 49072, PAGE 357 of Official Records. 8. An easement for ROAD and incidental purposes in the document recorded March 03, 1947 as INSTRUMENT NO. 426, IN BOOK 24309, PAGE 120 of Official Records. 9. Covenants, conditions, restrictions and easements in the document recorded February 02, 1950 as INSTRUMENT NO. 2512, IN BOOK 32160, PAGE 26 of Official Records, which provide that a violation thereof shall not defeat or render invalid the lien of any first mortgage or deed of trust made in good faith and for value, but deleting any covenant, condition, or restriction indicating a preference, limitation or discrimination based on race, color, religion, sex, sexual orientation, familial status, disability, handicap, national origin, genetic information, gender, gender identity, gender expression, source of income (as defined in California Government Code § 12955(p)) or ancestry, to the extent such covenants, conditions or restrictions violation 42 U.S.C. § 3604(c) or California Government Code § 12955. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status. 10. Covenants, conditions, restrictions, easements, assessments, liens, charges, terms and provisions in the document recorded April 04, 1956 as BOOK 50785, PAGE 28 of Official Records, which provide that a violation thereof shall not defeat or render invalid the lien of any first mortgage or deed of trust made in good faith and for value, but deleting any covenant, condition, or restriction indicating a preference, limitation or discrimination based on race, color, religion, sex, sexual orientation, familial status, disability, handicap, national origin, genetic information, gender, gender identity, gender expression, source of income (as defined in California Government Code § 12955(p)) or ancestry, to the extent such covenants, conditions or restrictions violation 42 U.S.C. § 3604(c) or California Government Code § 12955. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status. Note: You may wish to contact the homeowners association referred to in the above document for information regarding assessments, transfer requirements or other matters. First American Title Page 3 of 15 Order Number: 4813009 Page Number: 4 ROLLING HILLS COMMUNITY ASSOCIATION OF RANCHO PALOS VERDES is referenced in the above mentioned document. 11. Covenants, conditions, restrictions, easements, assessments, liens, charges, terms and provisions in the document recorded as BOOK 50785, PAGE 271 of Official Records, which provide that a violation thereof shall not defeat or render invalid the lien of any first mortgage or deed of trust made in good faith and for value, but deleting any covenant, condition, or restriction indicating a preference, limitation or discrimination based on race, color, religion, sex, sexual orientation, familial status, disability, handicap, national origin, genetic information, gender, gender identity, gender expression, source of income (as defined in California Government Code § 12955(p)) or ancestry, to the extent such covenants, conditions or restrictions violation 42 U.S.C. § 3604(c) or California Government Code § 12955. Lawful restrictions under state and federal law on the age of occupants in senior housing or housing for older persons shall not be construed as restrictions based on familial status. Note: You may wish to contact the homeowners association referred to in the above document for information regarding assessments, transfer requirements or other matters. ROLLING HILLS COMMUNITY ASSOCIATION OF RANCHO PALOS VERDES is referenced in the above mentioned document. 12. An easement for UTILITIES AND PIPE LINES and incidental purposes in the document recorded July 02, 1956 as BOOK 51624, PAGE 16; JULY 6, 1956 AS INSTRUMENT NO. 4601, IN BOOK 51666, PAGE 148 AND IN BOOK 51666, PAGE 152, ALL of Official Records. 13. An easement for ROAD, UTILITIES, TRAILS AND DRAINAGE and incidental purposes in the document recorded August 14, 1956 as INSTRUMENT NO. 1831 of Official Records. 14. An easement for ROAD and incidental purposes in the document recorded as BOOK 32575, PAGE 385 of Official Records. 15. Rights of the public in and to that portion of the land lying within any Road, Street, Alley or Highway. 16. Any easements and/or servitudes affecting easement parcel(s) 2, 3 AND 4 herein described. 17. Water rights, claims or title to water, whether or not shown by the public records. 18. Any defects, liens, encumbrances or other matters which name parties with the same or similar names as FRANK D. ROBINSON (ELEVEN + MATTERS). The name search necessary to ascertain the existence of such matters has not been completed. In order to complete this preliminary report or commitment, we will require a statement of information. Prior to the issuance of any policy of title insurance, the Company will require: 19. With respect to the trust referred to in the vesting: a. A certification pursuant to Section 18100.5 of the California Probate Code in a form satisfactory to the Company. b. Copies of those excerpts from the original trust documents and amendments thereto which designate the trustee and confer upon the trustee the power to act in the pending transaction. c. Other requirements which the Company may impose following its review of the material required herein and other information which the Company may require. First American Title Page 4 of 15 Order Number: 4813009 Page Number: 5 INFORMATIONAL NOTES Note: The policy to be issued may contain an arbitration clause. When the Amount of Insurance is less than the certain dollar amount set forth in any applicable arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. If you desire to review the terms of the policy, including any arbitration clause that may be included, contact the office that issued this Commitment or Report to obtain a sample of the policy jacket for the policy that is to be issued in connection with your transaction. 1. General and special taxes and assessments for the fiscal year 2014-2015. First Installment: $9,689.11, PAID Penalty: $0.00 Second Installment: $9,689.10, PAID Penalty: $0.00 Tax Rate Area: 60-07084 A. P. No.: 7567-015-021 2. This report is preparatory to the issuance of an ALTA Loan Policy. We have no knowledge of any fact which would preclude the issuance of the policy with CLTA endorsement forms 100 and 116 and if applicable, 115 and 116.2 attached. When issued, the CLTA endorsement form 116 or 116.2, if applicable will reference a Single Family Residence lying within a Planned Unit Development known as 1 BUCKBOARD LANE, ROLLING HILLS, CA. 3. According to the public records, there has been no conveyance of the land within a period of twenty-four months prior to the date of this report, except as follows: None 4. We find no open deeds of trust. Escrow please confirm before closing. 5. Note: Please contact the ROLLING HILLS COMMUNITY ASSOCIATION OF RANCHO PALOS VERDES and/or their successors and assigns or any other appropriate entity regarding assessments, transfer fees and other requirements that may be due or imposed upon the contemplated transaction pursuant to the above document(s). Reference is made to the recorded document(s) for full particulars. NOTE to proposed insured lender only: No Private transfer fee covenant, as defined in Federal Housing Finance Agency Final Rule 12 CFR Part 1228, that was created and first appears in the Public Records on or after February 8, 2011, encumbers the Title except as follows: None The map attached, if any, may or may not be a survey of the land depicted hereon. First American expressly disclaims any liability for loss or damage which may result from reliance on this map except to the extent coverage for such loss or damage is expressly provided by the terms and provisions of the title insurance policy, if any, to which this map is attached. First American Title Page 5 of 15 Order Number: 4813009 Page Number: 6 LEGAL DESCRIPTION Real property in the City of Rolling Hills, County of Los Angeles, State of California, described as follows: PARCEL 1: LOT 37 OF TRACT NO. 19040, IN THE CITY OF ROLLING HILLS, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 592, PAGES 28 TO 30 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. PARCEL 2: AN EASEMENT FOR ROAD PURPOSES OVER THOSE CERTAIN STRIPS OF LAND DESIGNATED "PRIVATE STREET" ON MAP OF TRACT NO. 19040, IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 592, PAGES 23 TO 30 INCLUSIVE OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. PARCEL 3: A NON-EXCLUSIVE EASEMENT FOR ROAD PURPOSES AND UTILITY PURPOSES, OVER THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, IN THE COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN THE ACTION "BIXBY ET AL., VS. BENT ET AL", CASE NO. 2373, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE OF CALIFORNIA, IN AND FOR THE COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4, PAGE 57 OF JUDGMENTS, IN THE SUPERIOR COURT, COUNTY OF LOS ANGELES, DESCRIBED AS FOLLOWS: A STRIP OF LAND 50.00 FEET WIDE, 25.00 FEET MEASURED AT RIGHT ANGLES OR RADIALLY ON EACH SIDE OF THE FOLLOWING DESCRIBED CENTER LINE: BEGINNING AT THE MOST WESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL NO. 1 OF DEED TO CARL R. ERICKSON, RECORDED IN BOOK 20812, PAGE 286, OFFICIAL RECORDS; THENCE ALONG THE NORTHWESTERLY BOUNDARY OF SAID LAND, NORTH 29° 01' 50" EAST 50.00 FEET AND NORTH 38° 00' 35" EAST 106.07 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE SOUTHEASTERLY AND HAVING A RADIUS OF 200.00 FEET; THENCE LEAVING SAID NORTHWESTERLY BOUNDARY, NORTHEASTERLY ALONG SAID CURVE 114.62 FEET; THENCE NORTH 70° 50' 50" EAST 132.61 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE SOUTHERLY AND HAVING A RADIUS OF 150.00 FEET; THENCE EASTERLY ALONG SAID LAST MENTIONED CURVE 94.26 FEET; THENCE SOUTH 73° 08' 55" EAST 203.85 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE NORTHERLY AND HAVING A RADIUS OF 350.00 FEET; THENCE EASTERLY ALONG SAID LAST MENTIONED CURVE 115.89 FEET; THENCE NORTH 87° 52' 50" EAST 215.50 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE NORTHWESTERLY AND HAVING A RADIUS OF 100.00 FEET; THENCE NORTHEASTERLY ALONG SAID LAST MENTIONED CURVE 42.59 FEET TO A POINT IN THE EASTERLY BOUNDARY OF SAID PARCEL NO. 1, DISTANT THEREON NORTH 24° 31' 10" WEST 9.66 FEET FROM THE SOUTHERLY TERMINUS OF A STRAIGHT LINE IN SAID EASTERLY BOUNDARY, HAVING A BEARING OF NORTH 24° 31' 10" WEST; THENCE CONTINUING ALONG SAID LAST MENTIONED CURVE NORTHEASTERLY 41.98 FEET; THENCE TANGENT TO SAID CURVE NORTHEASTERLY 44.58 FEET. EXCEPTING THEREFROM THAT PORTION OF THE ABOVE DESCRIBED STRIP OF LAND 50 FEET WIDE, INCLUDED WITH THE BOUNDARIES OF TRACT NO. 19040, AS PER MAP RECORDED IN First American Title Page 6 of 15 Order Number: 4813009 Page Number: 7 BOOK 592, PAGES 28, 29 AND 30 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER. ALSO EXCEPT THAT PORTION OF SAID PARCEL 3, INCLUDED WITHIN THE LINES OF CREST ROAD, 100 FEET WIDE, AS SHOWN ON LOS ANGELES COUNTY ASSESSOR'S MAP NO. 51, RECORDED IN BOOK 1, PAGE 1 OF ASSESSOR'S MAP, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY. PARCEL 4: NON-EXCLUSIVE EASEMENTS FOR ROAD PURPOSES OVER AND ALONG THE PRIVATE ROADS SHOWN ON THE FOLLOWING DESCRIBED MAPS, WITH THE RIGHT TO GRANT THE SAME TO OTHERS: (A) ROLLING HILLS TRACT, AS PER MAP RECORDED IN BOOK 201, PAGES 29 TO 35 OF MAPS, RECORDS OF SAID COUNTY. (B) MAP FILED IN BOOK 58, PAGES 6 TO 10, RECORD OF SURVEYS, IN THE OFFICE OF THE RECORDER OF SAID COUNTY, LOCALLY KNOWN AS EASTFIELD. (C) THAT PORTION OF CREST ROAD, A PRIVATE ROAD 100.00 FEET WIDE, AS SHOWN ON COUNTY SURVEYOR'S MAP B 886, FILED IN THE OFFICE OF THE SURVEYOR OF SAID COUNTY, EXTENDING FROM THE EASTERLY LINE AND ITS SOUTHERLY PROLONGATION OF THE LAND SHOWN ON MAP FILED IN BOOK 58, PAGES 6 TO 10 OF SAID RECORD OF SURVEYS, IN A WESTERLY DIRECTION 11,321 FEET, MORE OR LESS, TO A LINE WHICH IS AT RIGHT ANGLES TO THE CENTER LINE OF SAID CREST ROAD AND DISTANT THEREON NORTH 37° 04' 40" WEST 166.73 FEET FROM THE NORTHWESTERLY END OF A CURVE THEREON WHICH IS CONCAVE NORTHWESTERLY END OF A CURVE THEREON WHICH IS CONCAVE NORTHEASTERLY HAS A RADIUS OF 700.00 FEET AND A LENGTH OF 403.27 FEET. APN: 7567-015-021 First American Title Page 7 of 15 CD 3009 Order Number :. 4$ i Page Number wee y; 3.r. . ”e r M'•ra�tc . «; zroW. r•w N Pd✓ oW' �� S� *• X^•R4! first A e $ jan i title ?age 3 1 Order Number: 4813009 Page Number: 9 NOTICE Section 12413.1 of the California Insurance Code, effective January 1, 1990, requires that any title insurance company, underwritten title company, or controlled escrow company handling funds in an escrow or sub -escrow capacity, wait a specified number of days after depositing funds, before recording any documents in connection with the transaction or disbursing funds. This statute allows for funds deposited by wire transfer to be disbursed the same day as deposit. In the case of cashier's checks or certified checks, funds may be disbursed the next day after deposit. In order to avoid unnecessary delays of three to seven days, or more, please use wire transfer, cashier's checks, or certified checks whenever possible. First American Title Page 9 of 15 Order Number: 4813009 Page Number: 10 WIRE INSTRUCTIONS for First American Title Company, Demand/Draft Sub -Escrow Deposits Los Angeles County, California PAYABLE TO: First American Title Company BANK: First American Trust, FSB ADDRESS: 5 First American Way, Santa Ana, CA 92707 ACCOUNT NO: 3013510000 ROUTING NUMBER: 122241255 PLEASE REFERENCE THE FOLLOWING: PROPERTY: 1 Buckboard Lane, Rolling Hills, CA 90274 FILE NUMBER: 4813009 (TO) ATTENTION: Joe Mansueto PLEASE USE THE ABOVE INFORMATION WHEN WIRING FUNDS TO First American Title Company. FUNDS MUST BE WIRED FROM A BANK WITHIN THE UNITED STATES. PLEASE NOTIFY Joe Mansueto AT (310)750- 2147 OR jmansueto@firstam.com WHEN YOU HAVE TRANSMITTED YOUR WIRE. IF YOUR FUNDS ARE BEING WIRED FROM A NON-U.S. BANK. ADDITIONAL CHARGES MAY APPLY. PLEASE CONTACT YOUR ESCROW OFFICER/CLOSER FOR INTERNATIONAL WIRING INSTRUCTIONS. AN ACH TRANSFER CANNOT BE ACCEPTED FOR CLOSING. BECAUSE IT IS NOT THE SAME AS A WIRE AND REOUIRES ADDITIONAL TIME FOR CLEARANCE. FIRST AMERICAN TRUST CONTACT INFO: Banking Services 1-877-600-9473 ALL WIRES WILL BE RETURNED IF THE FILE NUMBER AND/OR PROPERTY REFERENCE ARE NOT INCLUDED With cyber crimes on the increase, it is important to be ever vigilant. If you receive an e-mail or any other communication that appears to be generated from a First American employee that contains new, revised or altered bank wire instructions, consider it suspect and call our office at a number you trust. Our bank wire instructions seldom change. First American Title Page 10 of 15 Order Number: 4813009 Page Number: 11 EXHIBIT A LIST OF PRINTED EXCEPTIONS AND EXCLUSIONS (BY POLICY TYPE) CLTA/ALTA HOMEOWNER'S POLICY OF TITLE INSURANCE (02-03-10) EXCLUSIONS In addition to the Exceptions in Schedule B, You are not insured against loss, costs, attorneys' fees, and expenses resulting from: 1. Governmental police power, and the existence or violation of those portions of any law or government regulation concerning: (a) building; (b) zoning; (c) land use; (d) improvements on the Land; (e) land division; and (f) environmental protection. This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27. 2. The failure of Your existing structures, or any part of them, to be constructed in accordance with applicable building codes. This Exclusion does not limit the coverage described in Covered Risk 14 or 15. 3. The right to take the Land by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17. 4. Risks: (a) that are created, allowed, or agreed to by You, whether or not they are recorded in the Public Records; (b) that are Known to You at the Policy Date, but not to Us, unless they are recorded in the Public Records at the Policy Date; (C) that result In no loss to You; or (d) that first occur after the Policy Date - this does not limit the coverage described In Covered Risk 7, 8.e., 25, 26, 27 or 28. 5. Failure to pay value for Your Title. 6. Lack of a right: (a) to any land outside the area specifically described and referred to in paragraph 3 of Schedule A; and (b) In streets, alleys, or waterways that touch the Land. This Exclusion does not limit the coverage described in Covered Risk 11 or 21. 7. The transfer of the Title to You is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy, state insolvency, or similar creditors' rights laws. LIMITATIONS ON COVERED RISKS Your Insurance for the following Covered Risks is limited on the Owner's Coverage Statement as follows: For Covered Risk 16, 18, 19, and 21 Your Deductible Amount and Our Maximum Dollar Limit of Liability shown in Schedule A. Your Deductible Amount Covered Risk 16: 1% of Policy Amount or $2,500.00 (whichever is less) Covered Risk 18: 1% of Policy Amount or $5,000.00 (whichever is less) Covered Risk 19: 1% of Policy Amount or $5,000.00 (whichever is less) Covered Risk 21: 1% of Policy Amount or $2,500.00 (whichever is less) Our Maximum Dollar Limit of Liabiliti $10,000.00 $25,000.00 $25,000.00 $5,000.00 ALTA RESIDENTIAL TITLE INSURANCE POLICY (6-1-87) EXCLUSIONS In addition to the Exceptions in Schedule B, you are not Insured against loss, costs, attorneys' fees, and expenses resulting from: 1. Governmental police power, and the existence or violation of any law or government regulation. This Includes building and zoning ordinances and also laws and regulations concerning: (a) and use (b) improvements on the land (c) and division (d) environmental protection This exclusion does not apply to violations or the enforcement of these matters which appear in the public records at Policy Date. This exclusion does not limit the zoning coverage described in Items 12 and 13 of Covered Title Risks. 2. The right to take the land by condemning it, unless: First American Title Page 11 of 15 Order Number: 4813009 Page Number: 12 (a) a notice of exercising the right appears in the public records on the Policy Date (b) the taking happened prior to the Policy Date and is binding on you if you bought the land without knowing of the taking 3. Title Risks: (a) that are created, allowed, or agreed to by you (b) that are known to you, but not to us, on the Policy Date -- unless they appeared in the public records (c) that result in no loss to you (d) that first affect your title after the Policy Date -- this does not limit the labor and material lien coverage in Item 8 of Covered Title Risks 4. Failure to pay value for your title. 5. Lack of a right: (a) to any land outside the area specifically described and referred to In Item 3 of Schedule A OR (b) In streets, alleys, or waterways that touch your land This exclusion does not limit the access coverage in Item 5 of Covered Title Risks. 2006 ALTA LOAN POLICY (06-17-06) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (iii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse daims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 13, or 14); or (e) resulting In loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing - business laws of the state where the Land is situated. 5. Invalidity or unenforceabllity In whole or In part of the Ilen of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth -in -lending law. 6. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy. 7. Any lien on the Title for real estate taxes or assessments Imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the Insured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b). The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage in a Standard Coverage policy will also include the following Exceptions from Coverage: EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) that arise by reason of: 1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. First American Title Page 12 of 15 Order Number: 4813009 Page Number: 13 4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or In Acts authorizing the Issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. 6. Any lien or right to a lien for services, labor or material not shown by the public records. 2006 ALTA OWNER'S POLICY (06-17-06) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (I) the occupancy, use, or enjoyment of the Land; (II) the character, dimensions, or location of any improvement erected on the Land; (lii) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting in no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 9 or 10); or (e) resulting in loss or damage that would not have been sustained if the Insured Claimant had paid value for the Title. 4. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction vesting the Title as shown in Schedule A, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated In Covered Risk 9 of this policy. 5. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. The above policy form may be issued to afford either Standard Coverage or Extended Coverage. In addition to the above Exclusions from Coverage, the Exceptions from Coverage In a Standard Coverage policy will also include the following Exceptions from Coverage: EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses) that arise by reason of: 1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a public agency that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. 2. Any facts, rights, Interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the Land or that may be asserted by persons in possession of the Land. 3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records. 4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land and not shown by the Public Records. 5. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the issuance thereof; (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the Public Records. 6. Any lien or right to a lien for services, labor or material not shown by the public records. ALTA EXPANDED COVERAGE RESIDENTIAL LOAN POLICY (07-26-10) EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys' fees, or expenses that arise by reason of: First American Title Page 13 of 15 Order Number: 4813009 Page Number: 15 First American Title Privacy Information We Are Committed to Safeguarding Customer Information In order to better serve your needs now and in the future, we may ask you to provide us with certain information. We understand that you may be concerned about what we will do with such Information - particularly any personal or financial Information. We agree that you have a right to know how we will utilize the personal Information you provide to us. Therefore, together with our subsidiaries we have adopted this Privacy Policy to govern the use and handling of your personal information. Applicability This Privacy Policy governs our use of the Information that you provide to us. It does not govern the manner In which we may use information we have obtained from any other source, such as information obtained from a public record or from another person or entity. First American has also adopted broader guidelines that govern our use of personal information regardless of Its source. First American calls these guidelines Its Fair Information Values. Types of Information Depending upon which of our services you are utilizing, the types of nonpublic personal Information that we may collect include: • Information we receive from you on applications, forms and In other communications to us, whether In writing, in person, by telephone or any other means; • Information about your transactions with us, our affiliated companies, or others; and • Information we receive from a consumer reporting agency. Use of Information We request information from you for our own legitimate business purposes and not for the benefit of any nonaffiliated party. Therefore, we will not release your Information to nonaffiliated parties except: (1) as necessary for us to provide the product or service you have requested of us; or (2) as permitted by law. We may, however, store such information indefinitely, including the period after which any customer relationship has ceased. Such information may be used for any Internal purpose, such as quality control efforts or customer analysis. We may also provide all of the types of nonpublic personal Information listed above to one or more of our affiliated companies. Such affiliated companies include financial service providers, such as tide insurers, property and casualty Insurers, and trust and investment advisory companies, or companies involved In real estate services, such as appraisal companies, home warranty companies and escrow companies. Furthermore, we may also provide all the Information we collect, as described above, to companies that perform marketing services on our behalf, on behalf of our affiliated companies or to other financial institutions with whom we or our affiliated companies have Joint marketing agreements. Former Customers Even if you are no longer our customer, our Privacy Policy will continue to apply to you. Confidentiality and Security We will use our best efforts to ensure that no unauthorized parties have access to any of your Information. We restrict access to nonpublic personal information about you to those individuals and entitles who need to know that Information to provide products or services to you. We will use our best efforts to train and oversee our employees and agents to ensure that your information will be handled responsibly and in accordance with this Privacy Policy and First American's Fair Information Values. We currently maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal Information. Information Obtained Through Our Web Site First American Financial Corporation Is sensitive to privacy Issues on the Internet. We believe It Is Important you know how we treat the Information about you we receive on the Internet. In general, you can visit First American or its affiliates' Web sites on the World Wide Web without telling us who you are or revealing any information about yourself. Our Web servers collect the domain names, not the a -mall addresses, of visitors. This Information Is aggregated to measure the number of visits, average time spent on the site, pages viewed and similar information. First American uses this information to measure the use of our site and to develop ideas to Improve the content of our site. There are times, however, when we may need information from you, such as your name and email address. When information is needed, we will use our best efforts to let you know at the time of collection how we will use the personal information. Usually, the personal information we collect is used only by us to respond to your Inquiry, process an order or allow you to access specific account/profile Information. If you choose to share any personal Information with us, we will only use it in accordance with the policies outlined above. Business Relationships First American Financial Corporation's site and its affiliates' sites may contain links to other Web sites. While we try to link only to sites that share our high standards and respect for privacy, we are not responsible for the content or the privacy practices employed by other sites. Cookies Some of First American's Web sites may make use of "cookie" technology to measure site activity and to customize Information to your personal tastes. A cookie Is an element of data that a Web site can send to your browser, which may then store the cookie on your hard drive. FirstAm.com uses stored cookies. The goal of this technology is to better serve you when visiting our site, save you time when you are here and to provide you with a more meaningful and productive Web site experience. Fair Information Values ~M Y Fairness We consider consumer expectations about their privacy in all our businesses. We only offer products and services that assure a favorable balance between consumer benefits and consumer privacy. Public Record We believe that an open public record creates significant value for society, enhances consumer choice and creates consumer opportunity. We actively support an open public record and emphasize its importance and contribution to our economy. Use We believe we should behave responsibly when we use information about a consumer in our business. We will obey the laws governing the collection, use and dissemination of data. Accuracy We will take reasonable steps to help assure the accuracy of the data we collect, use and disseminate. Where possible, we will take reasonable steps to correct Inaccurate Information. When, as with the public record, we cannot correct inaccurate information, we will take all reasonable steps to assist consumers in identifying the source of the erroneous data so that the consumer can secure the required corrections. Education We endeavor to educate the users of our products and services, our employees and others in our Industry about the importance of consumer privacy. We will Instruct our employees on our fair information values and on the responsible collection and use of data. We will encourage others in our Industry to collect and use Information in a responsible manner. Security We will maintain appropriate facilities and systems to protect against unauthorized access to and corruption of the data we maintain. Form 50-PRIVACY (9/1/10) Page 1 of 1 Privacy Information (2001-2010 First American Financial Corporation) First American Title Page 15 of 15 Order Number: 4813009 Page Number: 14 1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the Land; (ii) the character, dimensions, or location of any improvement erected on the Land; (ill) the subdivision of land; or (iv) environmental protection; or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 5, 6, 13(c), 13(d), 14 or 16. 2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the Insured Claimant; (b) not Known to the Company, not recorded in the Public Records at Date of Policy, but Known to the Insured Claimant and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an Insured under this policy; (c) resulting In no loss or damage to the Insured Claimant; (d) attaching or created subsequent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 16, 17, 18, 19, 20, 21, 22, 23, 24, 27 or 28); or (e) resulting In loss or damage that would not have been sustained if the Insured Claimant had paid value for the Insured Mortgage. 4. Unenforceability of the lien of the Insured Mortgage because of the inability or failure of an Insured to comply with applicable doing - business laws of the state where the Land is situated. 5. Invalidity or unenforceability in whole or in part of the lien of the Insured Mortgage that arises out of the transaction evidenced by the Insured Mortgage and is based upon usury or any consumer credit protection or truth -in -lending law. This Exdusion does not modify or limit the coverage provided in Covered Risk 26. 6. Any claim of invalidity, unenforceability or lack of priority of the lien of the Insured Mortgage as to Advances or modifications made after the Insured has Knowledge that the vestee shown in Schedule A is no longer the owner of the estate or interest covered by this policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11. 7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching subsequent to Date of Policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11(b) or 25. 8. The failure of the residential structure, or any portion of it, to have been constructed before, on or after Date of Policy in accordance with applicable building codes. This Exclusion does not modify or limit the coverage provided in Covered Risk 5 or 6. 9. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors' rights laws, that the transaction creating the lien of the Insured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated In Covered Risk 27(b) of this policy. First American Title Page 14 of 15 FIRST LOT LINE ADJUSTMENT ROBINSON =- 1 BUCKBOARD LANE AND 3 GEORGEFF ROAD, APN 7567-015-021,022 LEGAL DESCRIPTIONS PRIOR TO LOT LINE ADJUSTMENT THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF LOS ANGELES, CITY OF ROLLING HILLS, DESCRIBED AS FOLLOWS: PARCEL 1: ( 1 BUCKBOARD LANE) LOT 37 OF TRACT NO, 19040 AS PER MAP RECORDED IN BOOK 592, PAGES 23 TO 30, INCLUSIVE, OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, SUBJECT TO AND BENEFITTING FROM ALL EASEMENTS OF RECORD. PARCEL 2: ( 3 GEORGEFF ROAD) THOSE PORTIONS OF LOTS 56 AND 57, L.A,C.A. MAP NO. 51, AS PER MAP RECORDED IN BOOK 1, PAGE 1 OF ASSESSOR'S MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, DESCRIBED AS A WHOLE AS FOLLOWS: THOSE PORTIONS OF LOT "H" OF THE RANCHO LOS PALOS VERDES, IN THE CITY OF ROLLING HILLS. COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL VS, BENT, ET AL." CASE NO. 2374, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4, PAGE 57 OF JUDGMENTS, IN SUPERIOR COURT OFSAID COUNTY; DESCRIBED AS FOLLOWS; BEGINNING AT THE NORTHWESTERLY CORNER OF THELAND DESCRIBED IN PARCEL NO.1 OF DEED TO J. M. TOWNSEND AND WIFE, RECORDED IN BOOK 21078 PAGE 391 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE EASTERLY LINE OF THE LAND DESCRIBED IN PARCEL NO. 1. OF DEED TO CARL R. ERICKSON, RECORDED IN BOOK 20812, PAGE 286 OF SAID OFFICIAL RECORDS, NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST 266.57 FEET TO AN ANGLE POINT THEREIN; THENCE CONTINUING ALONG SAID LAST MENTIONED LINE NORTH 31 DEGREES 42 MINUTES 10 SECONDS EAST 120.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 43 DEGREES 09 MINUTES 25 SECONDS EAST 102.41 FEET; THENCE NORTH 66 DEGREES 40 MINUTES 20 SECONDS EAST 190.10 FEET; THENCE SOUTH 22 DEGREES 12 MINUTES 10 SECONDS EAST 106.61; THENCE SOUTH 41 DEGREES 11 MINUTES 25 SECONDS EAST 323.94 FEET TO A POINT IN THE SOUTHEASTERLY BOUNDARY OF THE LAND DESCRIBED AS PARCEL NO. 1. IN DEED TO ELWOOD COMPTON, RECORDED IN BOOK 21868 PAGE 437 OF OFFICIAL RECORDS; DISTANT THEREON SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 218.56 FEET FROM AN ANGLE POINT THEREIN; THENCE ALONG THE EXTERIOR BOUNDARY OF SAID PARCEL THE FOLLOWING COURSES AND DISTANCES; NORTH 36 DEGREES 47 MINUTES 20 SECONDS EAST 218.56 FEET, NORTH 46 DEGREES 23 MINUTES 00 SECONDS WEST 124.08 FEET, NORTH 11 DEGREES 12 MINUTES 20 SECONDS EAST 351.56 FEET, NORTH 79 DEGREES 02 MINUTES 50 SECONDS WEST 271.30 FEET, SOUTH 59 DEGREES 28 MINUTES 10 SECONDS WEST 267.73 FEET, AND SOUTH 31 DEGREES 42 MINUTES 10 SECONDS WEST 210.52 FEET TO THE TRUE POINT OF BEGINNING. SUBJECT TO AND BENEFITTING FROM ALL EASEMENTS OF RECORD. LEGAL DESCRIPTIONS AFTER LOT LINE ADJUSTMENT THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF LOS ANGELES, CITY OF ROLLING HILLS, DESCRIBED AS FOLLOWS: PARCEL 1 ( 1 BUCKBOARD LANE) : BEING A PORTION OF LOT 37 OF TRACT NO.19040 AS PER MAP RECORDED IN BOOK 592, PAGES 23 TO 30, INCLUSIVE, OF MAPS, AND A PORTION OF LOT 56, L.A.C.A. MAP NO. 51, AS PER MAP RECORDED ON BOOK 1, PAGE 1 OF ASSESSOR'S MAPS, BOTH IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, MORE PARTICULARLY DESCRIBED AS: BEGINNING AT THE MOST WESTERLY CORNER OF SAID LOT 37, THENCE ALONG THE NORTHERLY LINE OF SAID LOT 37 BEING A CURVE CONCAVE NORTHWESTERLY HAVING A RADIUS OF 100.00 FEET AND A LENGTH OF 41.98 FEET MORE OR LESS TO A TANGENT LINE HAVING A BEARING OF NORTH 39 DEGREES 22 MINUTES 00 SECONDS AND A LENGTH OF 44.58 FEET TO A TANGENT CURVE CONCAVE NORTHWESTERLY HAVING A RADIUS OF 130.00 FEET AND AN ARC LENGTH OF 63.44 FEET TO THE TRUE POINT OF BEGINNING BEING A POINT IN SAID CURVE THAT IS 150.00 FEET FROM THE POINT OF BEGINNING MEASURED ALONG SAID NORTHERLY LINE; THENCE SOUTHEASTERLY ALONG A LINE BEING PERPENDICULAR TO THE SOUTHERLY LINE OF SAID LOT 37 A DISTANCE OF 95.46 FEET; THENCE NORTHEASTERLY ALONG A LINE PARALLEL TO SAID SOUTHERLY LINE 165.06 FEET MORE OR LESS TO A POINT OF INTERSECTION WITH THE SOUTHERLY LINE OF SAID LOT 37; THENCE EASTERLY ALONG SAID SOUTHERLY LINE TO THE MOST EASTERLY CORNER OF SAID LOT 37; THENCE NORTHWESTERLY ALONG THE NORTHEASTERLY LINE OF SAID LOT TO THE MOST NORTHERLY CORNER OF SAID LOT; THENCE ALONG THE NORTHERLY AND EASTERLY LINES TO THE TRUE POINT OF BEGINNING. SUBJECT TO AND BENEFITTING FROM ALL EASEMENTS OF RECORD. PARCEL 2: (3 GEORGEFF ROAD) BEING A PORTION OF LOT 37, TRACT NO. 19040 AS PER MAP RECORDED IN BOOK 592, PAGES 23 TO 30, INCLUSIVE, OF MAPS, AND THOSE PORTIONS OF LOTS 56 AND 57, L.A.C.A. MAP NO. 51, AS PER MAP RECORDED IN BOOK 1, PAGE 1 OF ASSESSOR'S MAPS, IN THE OFFICE OF THE COUNTY RECQRDER OF SAID COUNTY,DESCRIBED AS A WHOLE AS FOLLOWS: THOSE PORTIONS OF LOT "H" OF THE RANCHO LOS PALOS VERDES, IN THE CITY OF ROLLING HILLS. COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL VS. BENT, ET AL." CASE NO. 2374, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4, PAGE 57 OF JUDGMENTS, IN SUPERIOR COURT OFSAID COUNTY; DESCRIBED AS FOLLOWS; BEGINNING AT THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL NO.1 OF DEED TO J. M. TOWNSEND AND WIFE, RECORDED IN BOOK 21078 PAGE 391 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE EASTERLY LINE OF THE LAND DESCRIBED IN PARCEL NO. 1. OF DEED TO CARL R. ERICKSON, RECORDED IN BOOK 20812, PAGE 286 OF SAID OFFICIAL RECORDS, NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST 266.57 FEET TO AN ANGLE POINT THEREIN; THENCE CONTINUING ALONG SAID LAST MENTIONED LINE NORTH 31 DEGREES 42 MINUTES 10 SECONDS EAST 120.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 43 DEGREES 09 MINUTES 25 SECONDS EAST 102.41 FEET; THENCE NORTH 66 DEGREES 40 MINUTES 20 SECONDS EAST 190.10 FEET; THENCE SOUTH 22 DEGREES 12 MINUTES 10 SECONDS EAST 106.61; THENCE SOUTH 41 DEGREES 11 MINUTES 25 SECONDS EAST 323.94 FEET TO A POINT IN THE SOUTHEASTERLY BOUNDARY OF THE LAND DESCRIBED AS PARCEL NO. 1. IN DEED TO ELWOOD COMPTON, RECORDED IN BOOK 21868 PAGE 437 OF OFFICIAL RECORDS; DISTANT 7567 15 200' E1.- C0 7084. u1 7587-14 T017 & 24 -RIDING 8. HIKING TRAIL 3.IJ�Ade. 6 TRACT NO. I9040 M.B. 592 —28 30 L_A.C.A. MAP NO. 51 ^ A.M. I —I DETAIL NO SCALE • • 6D D. as... . GSr ;z • • SECOND LOT LINE ADJUSTMENT ROBINSON -- 3 GEORGEFF ROAD AND 1 GEORGEFF ROAD, APN 7567-015-022,023 LEGAL DESCRIPTIONS PRIOR TO LOT LINE ADJUSTMENT THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF LOS ANGELES, CITY OF ROLLING HILLS, DESCRIBED AS FOLLOWS: PARCEL 2: ( 3 GEORGEFF ROAD) BEING A PORTION OF LOT 37, TRACT NO. 19040 AS PER MAP RECORDED IN BOOK 592, PAGES 23 TO 30, INCLUSIVE, OF MAPS, AND THOSE PORTIONS OF LOTS 56 AND 57, L.A.C.A. MAP NO. 51, AS PER MAP RECORDED IN BOOK 1, PAGE 1 OF ASSESSOR'S MAPS, IN THE OFFICE OF THE COUNTY RECQRDER OF SAID COUNTY,DESCRIBED AS A WHOLE AS FOLLOWS: THOSE PORTIONS OF LOT "H" OF THE RANCHO LOS PALOS VERDES, IN THE CITY OF ROLLING HILLS. COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL VS. BENT, ET AL." CASE NO. 2374, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4, PAGE 57 OF JUDGMENTS, IN SUPERIOR COURT OFSAID COUNTY; DESCRIBED AS FOLLOWS; BEGINNING AT THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL NO.1 OF DEED TO J. M. TOWNSEND AND WIFE, RECORDED IN BOOK 21078 PAGE 391 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE EASTERLY LINE OF THE LAND DESCRIBED IN PARCEL NO. 1. OF DEED TO CARL R. ERICKSON, RECORDED IN BOOK 20812, PAGE 286 OF SAID OFFICIAL RECORDS, NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST 266.57 FEET TO AN ANGLE POINT THEREIN; THENCE CONTINUING ALONG SAID LAST MENTIONED LINE NORTH 31 DEGREES 42 MINUTES 10 SECONDS EAST 120.00 FEET TO THE TRUE POINT OF BEGINNING; THENCE SOUTH 43 DEGREES 09 MINUTES 25 SECONDS EAST 102.41 FEET; THENCE NORTH 66 DEGREES 40 MINUTES 20 SECONDS EAST 190.10 FEET; THENCE SOUTH 22 DEGREES 12 MINUTES 10 SECONDS EAST 106.61; THENCE SOUTH 41 DEGREES 11 MINUTES 25 SECONDS EAST 323.94 FEET TO A POINT IN THE SOUTHEASTERLY BOUNDARY OF THE LAND DESCRIBED AS PARCEL NO. 1. IN DEED TO ELWOOD COMPTON, RECORDED IN BOOK 21868 PAGE 437 OF OFFICIAL RECORDS; DISTANT THEREON SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 218.56 FEET FROM AN ANGLE POINT THEREIN; THENCE ALONG THE EXTERIOR BOUNDARY OF SAID PARCEL THE FOLLOWING COURSES AND DISTANCES; NORTH 36 DEGREES 47 MINUTES 20 SECONDS EAST 218.56 FEET, NORTH 46 DEGREES 23 MINUTES 00 SECONDS WEST 124.08 FEET, NORTH 11 DEGREES 12 MINUTES 20 SECONDS EAST 351.56 FEET, NORTH 79 DEGREES 02 MINUTES 50 SECONDS WEST 226.52 FEET TO A POINT OF INTERSECTION WITH A LINE THAT IS PARALLEL WITH THE NORTHWESTERLY LINE OF SAID PARCEL, THENCE SOUTHWESTERLY ALONG SAID PARALLEL LINE 165.06 FEET MORE OR LESS TO A POINT OF INTERSECTION WITH A LINE PERPENDICULAR TO THE PREVIOUS COURSE, THENCE NORTHWESTERLY ALONG SAID PERPENDICULAR LINE 95.46 FEET MORE OR LESS TO A POINT OF INTERSECTION WITH THE NORTHWESTERLY LINE OF SAID LOT 37, THENCE SOUTHWESTERLY ALONG SAID NORTHWESTERLY LINE ALONG A CURVE CONCAVE NORTHWESTERLY HAVING A RADIUS OF 130.00 FEET AN ARC LENGTH OF 63.44 FEET TO A TANGENT LINE HAVING A BEARING OF SOUTH 39 DEGREES 22 MINUTES 00 SECONDS WEST AND A LENGTH OF 44.58 FEET TO A TANGENT CURVE CONCAVE NORTHWESTERLY HAVING A RADIUS OF 100 FEET AND A ARC LENGTH OF 41.98 FEET TO THE MOST WESTERLY CORNER OF SAID LOT 37, THENCE SOUTHEASTERLY ALONG THE WESTERLY LINE OF SAID LOT 37 9.66 FEET TO THE MOST SOUTHERLY CORNER OF SAID LOT 37, THENCE SOUTH 31 DEGREES 42 MINUTES 10 SECONDS WEST 210.52 FEET TO THE TRUE POINT OF BEGINNING. SUBJECT TO AND BENEF1TTING FROM ALL EASEMENTS OF RECORD. • • PARCEL 3 (1 GEORGEFF ROAD) THOSE PORTIONS OF LOTS 56 AND 57, L.A.C.A. MAP NO. 51, AS PER MAP RECORDED IN BOOK 1, PAGE 1 OF ASSESSOR'S MAPS, IN THE OFFICE OF THE COUNTY RECQRDER OF SAID COUNTY, BEGINNING AT THE SOUTHERLY TERMINUS OF THAT CERTAIN COURSE IN THE WESTERLY BOUNDARY OF SAID LOT 56 SHOWN ON SAID MAP AS HAVING A BEARING OF NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST AND A LENGTH OF 266.57 FEET AND BEING ALSO THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL 1 IN THE DEED TO J.M. TOWNSEND AND WIFE, RECORDED IN BOOK 21078, PAGE 391 OF OFFICIAL RECORDS, IN THE OFFICE OF SAID COUNTY RECORDER, THENCE ALONG SAID WESTERLY BOUNDARY, NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST 266.57 FEET TO AN ANGLE POINT THEREIN; THENCE CONTINUING ALONG SAID WESTERLY BOUNDARY, NORTH 31 DEGREES 42 MINUTES 10 SECONDS EAST 102.41 FEET; THENCE NORTH 66 DEGREES 41 MINUTES 20 SECONDS EAST 190.10 FEET; THENCE SOUTH 22 DEGREES 12 MINUTES 10 SECONDS EAST 106.61 THENCE SOUTH 41 DEGREES 11 MINUTES 25 SECONDS EAST 323.94 FEET TO A POINT IN THE SOUTHEASTERLY LINE OF THE LAND DESCRIBED AS PARCEL 1 IN THE DEED TO ELWOOD COMPTON, RECORDED IN BOOK 21868 PAGE 437, OF OFFICIAL RECORDS, THAT IS DISTANT THEREON SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 218.56 FEET FROM AN ANGLE POINT THEREIN, THENCE ALONG THE EXTERIOR BOUNDARY OF SAID LAST MENTIONED LAND, SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 292.16 FEET AND NORTH 64 DEGREES 26 MINUTES 50 SECONDS WEST 497.83 FEET TO THE POINT OF BEGINNING. SUBJECT TO AND BENEFITTING FROM ALL EASEMENTS OF RECORD. LEGAL DESCRIPTIONS AFTER LOT LINE ADJUSTMENT THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF LOS ANGELES, CITY OF ROLLING HILLS, DESCRIBED AS FOLLOWS: PARCEL 2: (3 GEORGEFF ROAD) BEING A PORTION OF LOT 37, TRACT NO. 19040 AS PER MAP RECORDED IN BOOK 592, PAGES 23 TO 30, INCLUSIVE, OF MAPS, AND THOSE PORTIONS OF LOTS 56 AND 57, L.A.C.A. MAP NO. 51, AS PER MAP RECORDED IN BOOK 1, PAGE 1 OF ASSESSOR'S MAPS, IN THE OFFICE OF THE COUNTY RECQRDER OF SAID COUNTY,DESCRIBED AS A WHOLE AS FOLLOWS: THOSE PORTIONS OF LOT "H" OF THE RANCHO LOS PALOS VERDES, IN THE CITY OF ROLLING HILLS. COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, ALLOTTED TO JOTHAM BIXBY BY DECREE OF PARTITION IN ACTION "BIXBY, ET AL VS. BENT, ET AL." CASE NO. 2374, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE, IN AND FOR SAID COUNTY OF LOS ANGELES, AND ENTERED IN BOOK 4, PAGE 57 OF JUDGMENTS, IN SUPERIOR COURT OFSAID COUNTY; DESCRIBED AS FOLLOWS; BEGINNING AT THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL NO.1 OF DEED TO J. M. TOWNSEND AND WIFE, RECORDED IN BOOK 21078 PAGE 391 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE ALONG THE EASTERLY LINE OF THE LAND DESCRIBED IN PARCEL NO. 1.OF DEED TO CARL R. ERICKSON, RECORDED IN BOOK 20812, PAGE 286 OF SAID OFFICIAL RECORDS, NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST 266.57 FEET TO AN ANGLE POINT THEREIN; THENCE CONTINUING ALONG SAID LAST MENTIONED LINE NORTH 31 DEGREES 42 MINUTES 10 SECONDS EAST 120.00 FEET; THENCE SOUTH 43 DEGREES 09 MINUTES 25 SECONDS EAST 102.41 FEET TO THE TRUE POINT OF BEGINNING; THENCE NORTH 66 DEGREES 40 MINUTES 20 SECONDS EAST 190.10 FEET; THENCE SOUTH 22 DEGREES 12 MINUTES 10 SECONDS EAST 106.61; THENCE SOUTH 41 DEGREES 11 MINUTES 25 SECONDS EAST 323.94 FEET TO A POINT IN THE SOUTHEASTERLY BOUNDARY OF THE LAND DESCRIBED AS PARCEL NO. 1. IN DEED TO ELWOOD COMPTON, RECORDED IN BOOK 21868 PAGE 437 OF OFFICIAL RECORDS; DISTANT • • THEREON SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 218.56 FEET FROM AN ANGLE POINT THEREIN; THENCE ALONG THE EXTERIOR BOUNDARY OF SAID PARCEL THE FOLLOWING COURSES AND DISTANCES; NORTH 36 DEGREES 47 MINUTES 20 SECONDS EAST 218.56 FEET, NORTH 46 DEGREES 23 MINUTES 00 SECONDS WEST 124.08 FEET, NORTH 11 DEGREES 12 MINUTES 20 SECONDS EAST 351.56 FEET, NORTH 79 DEGREES 02 MINUTES 50 SECONDS WEST 226.52 FEET TO A POINT OF INTERSECTION WITH A LINE THAT IS PARALLEL WITH THE NORTHWESTERLY LINE OF SAID PARCEL, THENCE SOUTHWESTERLY ALONG SAID PARALLEL LINE 165.06 FEET MORE OR LESS TO A POINT OF INTERSECTION WITH A LINE PERPENDICULAR TO THE PREVIOUS COURSE, THENCE NORTHWESTERLY ALONG SAID PERPENDICULAR LINE 95.46 FEET MORE OR LESS TO A POINT OF INTERSECTION WITH THE NORTHWESTERLY LINE OF SAID LOT 37, THENCE SOUTHWESTERLY ALONG SAID NOUTHWESTERLY LINE ALONG A CURVE CONCAVE NORTHWESTERLY HAVING A RADIUS OF 130.00 FEET AN ARC LENGTH OF 63.44 FEET TO A TANGENT LINE HAVING A BEARING OF SOUTH 39 DEGREES 22 MINUTES 00 SECONDS WEST AND A LENGTH OF 44.58 FEET TO A TANGENT CURVE CONCAVE NORTHWESTERLY HAVING A RADIUS OF 100 FEET AND A ARC LENGTH OF 41.98 FEET TO THE MOST WESTERLY CORNER OF SAID LOT 37, THENCE SOUTHEASTERLY ALONG THE WESTERLY LINE OF SAID LOT 37 9.66 FEET TO THE MOST SOUTHERLY CORNER OF SAID LOT 37, THENCE SOUTH 24 DEGREES 27 MINUTES 40 SECONDS EAST 65.57 FEET, THENCE 205.61 FEET MORE OR LESS TO THE TRUE POINT OF BEGINNING. SUBJECT TO AND BENEFITTING FROM ALL EASEMENTS OF RECORD. PARCEL 3 (1 GEORGEFF ROAD) THOSE PORTIONS OF LOTS 56 AND 57, L.A.C.A. MAP NO. 51, AS PER MAP RECORDED IN BOOK 1, PAGE 1 OF ASSESSOR'S MAPS, IN THE OFFICE OF THE COUNTY RECQRDER OF SAID COUNTY, BEGINNING AT THE SOUTHERLY TERMINUS OF THAT CERTAIN COURSE IN THE WESTERLY BOUNDARY OF SAID LOT 56 SHOWN ON SAID MAP AS HAVING A BEARING OF NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST AND A LENGTH OF 266.57 FEET AND BEING ALSO THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL 1 IN THE DEED TO J.M. TOWNSEND AND WIFE, RECORDED IN BOOK 21078, PAGE 391 OF OFFICIAL RECORDS, IN THE OFFICE OF SAID COUNTY RECORDER, THENCE ALONG SAID WESTERLY BOUNDARY, NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST 266.57 FEET TO AN ANGLE POINT THEREIN; THENCE CONTINUING ALONG SAID WESTERLY BOUNDARY, NORTH 31 DEGREES 42 MINUTES 10 SECONDS EAST 210.52 FEET TO THE MOST SOUTHERLY CORNER OF LOT 37, TRACT NO. 19040 AS PER MAP RECORDED IN BOOK 592, PAGES 23 TO 30, INCLUSIVE, OF MAPS IN THE OFFICE OF THE RECORDER OF SAID COUNTY;THENCE SOUTH 24 DEGREES 27 MINUTES 40 SECONDS EAST 65.57 FEET, THENCE 205.61 FEET MORE OR LESS TO AN ANGLE POINT; THENCE NORTH 66 DEGREES 41 MINUTES 20 SECONDS EAST 190.10 FEET; THENCE SOUTH 22 DEGREES 12 MINUTES 10 SECONDS EAST 106.61 THENCE SOUTH 41 DEGREES 11 MINUTES 25 SECONDS EAST 323.94 FEET TO A POINT IN THE SOUTHEASTERLY LINE OF THE LAND DESCRIBED AS PARCEL 1 IN THE DEED TO ELWOOD COMPTON, RECORDED IN BOOK 21868 PAGE 437, OF OFFICIAL RECORDS, THAT IS DISTANT THEREON SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 218.56 FEET FROM AN ANGLE POINT THEREIN, THENCE ALONG THE EXTERIOR BOUNDARY OF SAID LAST MENTIONED LAND, SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 292.16 FEET AND NORTH 64 DEGREES 26 MINUTES 50 SECONDS WEST 497.83 FEET TO THE POINT OF BEGINNING. SUBJECT TO AND BENEFITTING FROM ALL EASEMENTS OF RECORD. • i THIRD LOT LINE ADJUSTMENT ROBINSON AND TU-- 1 GEORGEFF ROAD AND 8 CREST ROAD EAST, APN 7567-015.023,025 LEGAL DESCRIPTIONS PRIOR TO LOT LINE ADJUSTMENT THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF LOS ANGELES, CITY OF ROLLING HILLS, DESCRIBED AS FOLLOWS: PARCEL 3: (1 GEORGEFF ROAD) THOSE PORTIONS OF LOTS 56 AND 57, L.A.C.A. MAP NO. 51, AS PER MAP RECORDED IN BOOK 1, PAGE 1 OF ASSESSOR'S MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, BEGINNING AT THE SOUTHERLY TERMINUS OF THAT CERTAIN COURSE IN THE WESTERLY BOUNDARY OF SAID LOT 56 SHOWN ON SAID MAP AS HAVING A BEARING OF NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST AND A LENGTH OF 266.57 FEET AND BEING ALSO THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL 1 IN THE DEED TO J.M. TOWNSEND AND WIFE, RECORDED IN BOOK 21078, PAGE 391 OF OFFICIAL RECORDS, IN THE OFFICE OF SAID COUNTY RECORDER, THENCE ALONG SAID WESTERLY BOUNDARY, NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST 266.57 FEET TO AN ANGLE POINT THEREIN; THENCE CONTINUING ALONG SAID WESTERLY BOUNDARY, NORTH 31 DEGREES 42 MINUTES 10 SECONDS EAST 210.52 FEET TO THE MOST SOUTHERLY CORNER OF LOT 37, TRACT NO. 19040 AS PER MAP RECORDED IN BOOK 592, PAGES 23 TO 30, INCLUSIVE, OF MAPS IN THE OFFICE OF THE RECORDER OF SAID COUNTY;THENCE SOUTH 24 DEGREES 27 MINUTES 40 SECONDS EAST 65.57 FEET, THENCE SOUTHWESTERLY 205,61 FEET MORE OR LESS TO AN ANGLE POINT; THENCE NORTH 66 DEGREES 41 MINUTES 20 SECONDS EAST 190.10 FEET; THENCE SOUTH 22 DEGREES 12 MINUTES 10 SECONDS EAST 106.61 THENCE SOUTH 41 DEGREES 11 MINUTES 25 SECONDS EAST 323.94 FEET TO A POINT IN THE SOUTHEASTERLY LINE OF THE LAND DESCRIBED AS PARCEL 1 IN THE DEED TO ELW00D COMPTON, RECORDED IN BOOK 21868 PAGE 437, OF OFFICIAL RECORDS, THAT IS DISTANT THEREON SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 218.56 FEET FROM AN ANGLE POINT THEREIN, THENCE ALONG THE EXTERIOR BOUNDARY OF SAID LAST. MENTIONED LAND, SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 292.16 FEET AND NORTH 64 DEGREES 26 MINUTES 50 SECONDS WEST 497.83 FEET TO THE POINT OF BEGINNING. SUBJECT TO AND BENEFITTING FROM ALL EASEMENTS OF RECORD. PARCEL 4: (8 CREST ROAD EAST) ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE CITY OF ROLLING HILLS, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO LATHAM BIXBY BY DECREE OF PARTITION IN THE ACTION "BIXBY, ET AL, VS, BENT, ET AL.", CASE NO. 2373, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE OF CALIFORNIA, IN THE CITY OF ROLLING HILLS, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AND ENTERED IN BOOK 4, PAGE 57 OF JUDGMENTS, IN THE SUPERIOR COURT OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE MOST WESTERLY CORNER OF THE LAND DESCRIBED AS PARCEL 1 IN DEED TO CARL R. ERICKSON, RECORDED IN BOOK 20812 PAGE 286 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE SOUTHEASTERLY ALONG THE SOUTHWESTERLY. BOUNDARY THEREOF, BEING A CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 600.00 FEET, A DISTANCE OF 184.63 FEET; THENCE ALONG A LINE RADIAL TO SAID CURVE, NORTH 46° 39'40'.l EAST 100.00 FEET: THENCE SOUTH 63° 10' 00" EAST 346.67 FEET; THENCE SOUTH 70° 27' 00" EAST 240.00 FEET TO A POINT IN THE • • EASTERLY BOUNDARY OF SAID LAND WHICH IS DISTANT SOUTHWESTERLY THEREON 179.02 FEET FROM AN ANGLE POINT IN SAID BOUNDARY; THENCE ALONG THE EXTERIOR BOUNDARY OF SAID LAND, NORTH 13°37' 50" EAST 179.02 FEET AND NORTH 31°42' 10" EAST 330.52 FEET TO THE MOST EASTERLY CORNER THEREOF; THENCE ALONG THE SOUTHERLY BOUNDARY OF LAND DESCRIBED IN DEED TO CORNELIUS E. SHINN AND WIFE, RECORDED ON MARCH 3, 1947 AS INSTRUMENT NO. 426, IN BOOK 24309, PAGE 120 OF OFFICIAL RECORDS, THE FOLLOWING COURSES AND. DISTANCES: SOUTH 17° 14' 401'WEST 234.18 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE NORTHERLY AND HAVING AT RADIUS OF 100.00 FEET; WESTERLY ALONG SAID CURVE 84.68 FEET; NORTH 54° 14' 10" WEST 94.21 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE SOUTHERLY AND HAVING A RADIUS OF 350.00 FEET; WESTERLY ALONG SAID LAST MENTIONED CURVE 300.39 FEET; SOUTH 76° 35' 20" WEST 72.08 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 200.00 FEET; SOUTHWESTERLY ALONG SAID LAST MENTIONED CURVE 134.67 FEET TO THE MOST SOUTHERLY CORNER THEREOF; THENCE ALONG THE NORTHWESTERLY BOUNDARY OF SAID PARCEL 1, SOUTH 38° 00' 35" WEST 150.47 FEET AND SOUTH 29° 01' 50" WEST 50.00 FEET TO THE POINT OF BEGINNING. SUBJECT TO AND BENEFITTING FROM ALL EASEMENTS OF RECORD. A • LEGAL DESCRIPTIONS AFTER LOT LINE ADJUSTMENT THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF LOS ANGELES, CITY OF ROLLING HILLS, DESCRIBED AS FOLLOWS: PARCEL 3: (1 GEORGEFF ROAD) THOSE PORTIONS OF LOTS 56 AND 57, L.A.C.A, MAP NO. 51, AS PER MAP RECORDED IN BOOK 1, PAGE 1 OF ASSESSOR'S MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, BEGINNING AT THE SOUTHERLY TERMINUS OF THAT CERTAIN COURSE IN THE WESTERLY BOUNDARY OF SAID LOT 56 SHOWN ON SAID MAP AS HAVING A BEARING OF NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST AND A LENGTH OF 266.57 FEET AND BEING ALSO THE NORTHWESTERLY CORNER OF THE LAND DESCRIBED IN PARCEL 1 IN THE DEED TO J.M. TOWNSEND AND WIFE, RECORDED IN BOOK 21078, PAGE 391 OF OFFICIAL RECORDS, IN THE OFFICE OF SAID COUNTY RECORDER, THENCE ALONG SAID WESTERLY BOUNDARY, NORTH 13 DEGREES 37 MINUTES 50 SECONDS EAST 266.57 FEET TO AN ANGLE POINT THEREIN; THENCE CONTINUING ALONG SAID WESTERLY BOUNDARY, NORTH 31 DEGREES 42 MINUTES 10 SECONDS EAST 147.25 FEET, THENCE TO A POINT OF PERPENDICULAR INTERSECTION WITH THE CENTERLINE OF GEORGEFF ROAD, A PRIVATE STREET, THENCE NORTHEASTERLY ALONG SAID CENTERLINE TO THE MOST SOUTHERLY CORNER OF LOT 37, TRACT NO, 19040 AS PER MAP RECORDED IN BOOK 592, PAGES 23 TO 30, INCLUSIVE, OF MAPS IN THE OFFICE OF THE RECORDER OF SAID COUNTY;THENCE SOUTH 24 DEGREES 27 MINUTES 40 SECONDS EAST 65.57 FEET, THENCE SOUTHWESTERLY 205.61 FEET MORE OR LESS TO AN ANGLE POINT; THENCE NORTH 66 DEGREES 41 MINUTES 20 SECONDS EAST 190.10 FEET; THENCE SOUTH 22 DEGREES 12 MINUTES 10 SECONDS EAST 106.61 THENCE SOUTH 41 DEGREES 11 MINUTES 25 SECONDS EAST 323.94 FEET TO A POINT IN THE SOUTHEASTERLY LINE OF THE LAND DESCRIBED AS PARCEL 1 IN THE DEED TO ELWOOD COMPTON, RECORDED IN BOOK 21868 PAGE 437, OF OFFICIAL RECORDS, THAT IS DISTANT THEREON SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 218.56 FEET FROM AN ANGLE POINT THEREIN, THENCE ALONG THE EXTERIOR BOUNDARY OF SAID LAST MENTIONED LAND, SOUTH 36 DEGREES 47 MINUTES 20 SECONDS WEST 292.16 FEET AND NORTH 64 DEGREES 26 MINUTES 50 SECONDS WEST 497.83 FEET TO THE POINT OF BEGINNING. SUBJECT TO AND BENEFITTING FROM ALL EASEMENTS OF RECORD. PARCEL 4: (8 CREST ROAD EAST) ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE CITY OF ROLLING HILLS, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: THAT PORTION OF LOT "H" OF THE RANCHO LOS PALOS VERDES, ALLOTTED TO LATHAM BIXBY BY DECREE OF PARTITION IN THE ACTION "BIXBY, ET AL., VS, BENT, ET AL.", CASE NO. 2373, IN THE DISTRICT COURT OF THE 17TH JUDICIAL DISTRICT OF SAID STATE OF CALIFORNIA, IN THE CITY OF ROLLING HILLS, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AND ENTERED IN BOOK 4, PAGE 57 OF JUDGMENTS, IN THE SUPERIOR COURT OF SAID COUNTY, DESCRIBED AS FOLLOWS: BEGINNING AT THE MOST WESTERLY CORNER OF THE LAND DESCRIBED AS PARCEL 1 IN DEED TO CARL R. ERICKSON, RECORDED IN BOOK 20812 PAGE 286 OF OFFICIAL RECORDS OF SAID COUNTY; THENCE SOUTHEASTERLY ALONG THE SOUTHWESTERLY BOUNDARY THEREOF, BEING A CURVE CONCAVE SOUTHWESTERLY AND HAVING A RADIUS OF 600.00 FEET, A DISTANCE OF 184.63 FEET; THENCE ALONG A LINE RADIAL TO SAID CURVE, NORTH 46° 39'40" EAST 100.00 FEET: THENCE SOUTH 63° 10' 00" EAST 346.67 FEET; THENCE SOUTH 70° 27' 00" EAST 240.00 FEET TO A POINT IN THE EASTERLY BOUNDARY OF SAID LAND WHICH IS DISTANT SOUTHWESTERLY THEREON 179.02 FEET FROM AN ANGLE POINT IN SAID BOUNDARY; THENCE ALONG THE EXTERIOR BOUNDARY OF SAID LAND, NORTH 13°37' 50" EAST 179.02 FEET AND NORTH 41°42' 10" EAST 277.25 FEET, THENCE TO A POINT OF PERPENDICULAR INTERSECTION WITH THE SOUTHERLY BOUNDARY OF LAND DESCRIBED IN DEED TO CORNELIUS E. SHINN AND WIFE, RECORDED ON MARCH 3, 1947 AS INSTRUMENT NO. 426, IN BOOK 24309, PAGE 120 OF OFFICIAL RECORDS, THE FOLLOWING COURSES AND DISTANCES: SOUTH 17° 14' 40" WEST 189.87 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE NORTHERLY AND HAVING AT RADIUS OF 100.00 FEET; WESTERLY ALONG SAID CURVE 84.68 FEET; NORTH 54° 14' 10" WEST 94.21 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE SOUTHERLY AND HAVING A RADIUS OF 350.00 FEET; WESTERLY ALONG SAID LAST MENTIONED CURVE 300.39 FEET; SOUTH 76° 35' 20" WEST 72.08 FEET TO THE BEGINNING OF A TANGENT CURVE CONCAVE SOUTHEASTERLY HAVING A RADIUS OF 200.00 FEET; SOUTHWESTERLY ALONG SAID LAST MENTIONED CURVE 134.67 FEET TO THE MOST SOUTHERLY CORNER THEREOF; THENCE ALONG THE NORTHWESTERLY BOUNDARY OF SAID PARCEL 1, SOUTH 38° 00' 35" WEST 150.47 FEET AND SOUTH 29° 01' 50" WEST 50.00 FEET TO THE POINT OF BEGINNING. SUBJECT TO AND BENEFITTING FROM ALL EASEMENTS OF RECORD. 7567 15 200' 28 ® i; 47,024 A,/tit rre. bl r 7a EL C0 7023, 7,47-14 7017b24 RIDING 8. HIKING TRAIL let r • :\ TRACT NO. 19040 M. B. 592 -28 30 L.A.C.A. MAP _NO. 5! A.M. I -I ,.e.zA<. 0421 Yr/.31. 1.43 rk. ( '= . 0 GX-ro; Ns s. ib 26 .L i UE SCALE 504:Ab. nttAe, I.eta••ram/. $J sro;Ar, a :r. 3.19r•k. ZI �' BEING AN ADJUSTMENT OF PORTIONS OF LOT 56, 57, & 192, L.A.C.A. MAP NO. 51, A.M. 1-1 SCALE 1.•.70' O 70 140 N NORri S SO✓1N • EAST l> W WxlTLy LT LEAD,TAOK. AND AND TAC#... TA6 �) P+6't SPIia AND WA9tLR IP IRON. FIFE PC PROPERTY CORh.R U FL PROPERTY WI .y PROD. PROOK,ED 0/6 Bit SEEN MARK SW SACK OF WALK TOFL OP OFNE OURS TW % TOP OF WALLOM CF X FF/PPS FINISiED FLOORKJ.IZ- AGE T/SOS TOP/BOTTOM OF STAIRS 6S SRAOE SNEAK IVES XXE Q TOP/BOTTOM IOF ON SLOPE XXXX PS ELEVATION EP EZSE OF PAVc-hENT OLP CHAIN LINK FENCE FCOfi.G. CONCRETE OLIO FL -431tAILECALZ 1' ACM AREA P ADJ. POST- ADJ. PRE- ADJ. SAME GROSS POST- ADO. R.H. AOJ, POT- AOJ. PARCEL 3 PARCEL 4 2sa, 740 SQ. FT. so° M. T.Si'., 374$2. 57 73 22. FT. S SQ. FT.SQ. $2. PT. 60 PT. S FT. 4a oa Pr.' ..• PAR0 .4 PARCELL w t r�, SHEET 3 OF 3 OLP PL FRANK D. ROBINSON TRUST TU FAMILY TRUST T I/S SURVEYING P 6 VIA TEJON P.V.E. 90274 310 791 0904 7567 15 200' Et- CO 7084 ci 7567 - I4 7017 S 24 RIDING 8. HIKING TRAIL z j 3..1r1At- 29 s, rr:!: 4 7'Ji 3 JO -Ad NO C ti 3.9l1'M It .i 0en 3 323 s TRACT NO. 19040 M.B. 592 -28 30 1..A.C.A. MAP NO. 51 _ A.M. 1-1 TA NO SCAIL LE 3.89.4c. .0" P � 11.6p/pol, . Ji: ; .(;S