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1991-396222 r i -, ~OC ; . " j 91-'1 -O:;%'j';; ,,11 "u LL,- 1598 0, -(\UG-1991 08:19 (;1'1 OFFICIAL. F:ECORDS Sir1 DIEGO [DUNTY flCORDEF:'S :JiICE ANNETTE EUAHS, COUtHY RECCRDER R"', ; t. 00 FEE" 35,00 A ' í6, 00 M": 1. 00 Recording Requested By: ) City of Enclnitas ) 527 Encinitas Blvd- ) Encinitas, Ca 92024 ) ) ) When recorded, mai I to: ) City of Encinitas ) 527 Encinitas Blvd- ) Encinitas, CA 92024 ) SPACE ABOVE FOR RECORDER'S USE ,r PRIVATE ROAD AND PRIVATE DRAINAGE FACILITY MAINTENANCE AGREEMENT FOR TM 88-194 Assessor's Parcel Log No _: TM 88-194 No- 260-073-01,04 Project No_: 0571J THIS AGREEMENT for the maintenance and repair of that certain private road easement and private drainage fac i I i ty, the legal description and/or plat of which is set forth in exhibit A attached hereto and made a part hereof, is entered into by TORRANCE SAVINGS & LOAN ASSOCIATION (hereinafter referred to as "Developer") for the benefit of future subdivision lot owners who wi II use the private road easement and drainage f ac i I i ty (hereinafter referred to as "lot owners", which shall include the Developer to the extent the Developer retains any ownership interest in any lot or lots), WHEREAS, this Agreement is required as a condition of approval by the City of Encinltas of a subdivision project as def i ned in Section 21065 of the Publ ic Resources Code and pursuant to City of Encinitas Municipal Code Section 24,16,060 and Section 24.29.040; and, '~' . . 1 '5 9'9 WHEREAS, Developer Is the owner of certain real property being subdivided and developed as TM 88-194 that wi II use and enjoy the benef i t of said road easement and private drainage fac i I i ty. A complete legal description of said real property is attached, labeled Exhibit B, and incorporated by reference. Said real property is hereinafter referred to as the "property " ; and WHEREAS, it is the desire of the Developer that said private road easement be maintained In a safe and usable condition by the lot owners; and said private drainage fac i I i ty be maintained at a minimum of once every year; and WHEREAS, it is the desire of the Developer to establ ish a method for the maintenance and repair of said private road easement and private drainage fac i I i ty and for the apportionment of the expense of such maintenance and repair among existing and future lot owners; and WHEREAS, it is the intention of the Developer that this Agreement constitute a covenant running with the land, binding upon each successive lot owner of all or any port ion of the property. NOW THEREFORE, IT IS HEREBY AGREED AS FOLLOWS: 1, The property is benef i ted by this Agreement, and present and successive lot owners of all or any portion of the property are expressly bound hereby for the benefit of the land. 2. The cost and expense of maintaining the private road easement and private drainage fac i I i ty sha I I be divided equa I I Y among the subdivided parcels . , 1600 "'- created in Lhc ¡¡ubdivision and paid by the lot owner of the heirs, assigns and successors in interest of each such owner. 3. In tllf' event any of the herein described,p,arcel,~ ,o,f l,and are subdivided Èurther, the lot owners, heirs, assigns and successor,s in j nt<!-rest of each such newli c~eat~dparcel shall be 11,õlb1e under this Agreement for their then pro rata share of expense¡¡ ilnd uuch pro rata ¡¡hare¡¡ of expenses shall be computed to reflect such newly created parcels. 4. 'I'he repairs and maintenance to be performed under this Agreement shall be limited to the following unless the consent for additional work is agreed to by a majority vote of the lot owners ownil1CJ 100% of the number of parcels, including subdivisions thereof as described in Paragraph 3 above: reasonable and norma 1 road improvement and maintenance work to adequately maintain said private road e-asement.. and 'related' drair1age fac'i1itie:; to permit all-weather access. Repairs and ,,- maintenance under this Agreement shall' include, but' i's not limi ted to, filling of chuckholes, repairing cracks, repairing and rt!surfacing of roadbeds, repairing and maintainfng drainage :òtructures,. removing debris, maintaining signs, markers, stdping and lighting, if any, and other work reasonably necessary and proper to repa ir and preserve the ease'men\':' for all-weather road purposes. '" . . 1601 5. If there is a covenant, agreement:, or other obllgiÙ:ion imposed as a condition o[ subdivision approval to make private road and drainage fac i Ii ty improvements ...to the prlvate road eásement, the obligation to repair and máintain the private road easement as h(,rei'n set forth shall commence 'when the private' road and draina'Jo f:ac-i 1 i ty improvements have been completed and approVed by the City. 6. Any extraordinary repair required to correct damage to saId road easement that results from action taken 'or contracted for by lot owners or ,their successors..in...interest,shall be paid.. for by the party taking action or party contracting for work which caused the necessity for the extraordinary repair. The rep<.ir s ha 11 be such as to restore the road ,' eàsernent' 'to the condition existing prior to fJa id damage. 7. It is a<Jreed tha t Developer is initially the agent to contrac,t; and oversee and ,do all acts nece.ssary to.. acco,mp1lsh the repairs and maintenance required and/or authorized under this Agreement. Develop.er further agrees, that the agent may at any time be replaced at the direction of a majority of the lot owners. Repair and maintenance work on I:he private road easement and/or drainage facility shall be commenced when a majority of the lot owners agree in writing that'suchwork is needed. The ..- . . 1602 agent shall, obtain three bids from licensed ,contractors and shall accept the lowe:,;t; of: :3a 1d three bids and shall then ini tiate the work. 'I'he agent shall be paid for all cosb) Incurred includIn<] a reasonable compensation for the agent' fJ services, and such cöst~ ~ha11 be aJdBd-fo~nd pald as a ~a~t of the repair and ínaintenance costs; provided, however, that compensation for the agent's services shall in no event exceèd a~ amount equivalent to 10% of the actua 1 cost of repairs and maintenance performed. In performing his duties, the agent, as he anticipates the need for funds, shall notify the parties and each party shall within forty-flve (45) days pay the agent, who shall maintain a trustee account and ,al,s.o ,malntain accurate, acco~nting records which are to be available for inspection by any party or aÜthor ized agent upon reasona'ble request. All' such records shall be retained by the agent for a period of five years. 8. Should any lot owner fa il to pay the pro rata share of costs and expenses as provided in the Agreement, then the agent or any lot owner Ðr owners shall, be ,entitled ,wlth¿ut further, notice' to institute legal action for the collection of funds advanced on behu1£ of stich lot owner in accordance with the provl:3ions of California civil Code 'Section 845,,' and'eihälT, bè . . . 1603 ,,- enl:lt1ecl to reCOVf)r in such action in ,addition to tl)e funds advanced, i.nterest thereon at the current prime rate of interest, until paid, a]] costs and disbursements of such action, inc1uqing such sum or sums as the Court may fix as and for a reasonable attorney's feef;. 9. Any 1iabiJity of the lot owners for personal, injury to the agent hereunder, or to any worker employed to make repairs or provide maintenance under this òlgreement, or to th'lrd' persons,' as we 11 as any liability of the lot owners for ,damag,e,.. to, the property of c¡gent, or ðnysuth woikei,br of any third persons, as a result of or arising out of repain¡ and maintenance under this Agreement, ßhall be borne, as between the lot owners in the same percentagerj a,¡ they bear the costs and expenses of such " repai¡:s and maintenance. Each lot owner shall be responsible for and maintain his own insurance, if any. By this Agreement, the Developer does not intend to provide for the sharing of liabil i ty with respect to personal injury or property damage other than that attributable to the repairs and maintenance undertaken under this Agreement. Each of the lot owners agrees to indemnify the others from any and all liability for injury to himself or damage ..... """ to his property when such injury or damage results from, arisies out of, or is attributable to any maintenance or repairs "- undertaken pursuant to this Agreement. . . ,1604 10. r,ot owners shall jointly and severally defend and int]emnify and hold harmless Cay, Cìty's engineer and its consultants and each of its officials, directors, officers, a'J"nts and employ"e~3 from and against all liability, claims, damage~;, 10 fH; e r; " expenses, personal injury and other costs, including costs of .defense and attorney's fees, to the agent hereunder to any lot any contractor, " ... or owner, any subcontractor, any user of the road easement, or to any other third persons arising out of or in any way related to the use"'of, repair or' m;¡intènance of, or the failure to repair or maintaln the private road easèinent. Nothing in tho I\greement, the specifications or othèr contract documents or. City's approval of the plans and spec if ic,a t ions or inspection of the work is intended \:0 include ,a review, inspection acknowledgment of a respo,nsibil1ty for any such matter, and City, City's engineer and 4t&.consultants, and each,.....,..., oJ: its official:';, directors, officers, employees ànd agents, shall have no responsibility Dr liability therefore, 11. The Eoreqoing covenants shall run with the land and shall u<: decme<'J to ue for the benefit of the land of each of the lot owners and each and every person who shall at anytime own all or. anypor:tion of tho property rC!fcHred: to. herein.' . . .,,1605- 12. It i:3 understood and agreed that the covenants herein c:ord:ai ned nhal1 be binding on the heirs, 'executors, administrators, successors, and assignees of each of the lot owners. 13. It iB th~ ~urpoBe of the signatories hereto- ~b~t,this instrume'nt be recorded to the end and intent that the obligation hereby created shall be and constitute a covenant running with the land and any subsequent purchaser of all or any portion thereof, by acceptance of delivery of a deed and/or conveyance regardless of form, s ha 11 be deemed to have consented to and become bound by these presents, including without limitation, the right of any person entitled to enforce the terms of this Agreement to institute legal aGtion as provided in Paragraph 0 hereof, such I:emedy to be cumulative and in addition to other remedies provided in this Agreement and to all other remedies at law or in equity. ...... 14. The terms of this Agreement may be amended in writing -- upon majority approval of the lot owners and consent of the City. 15. ~'his Agreement: shall be governed by the laws of the state of Ca 1 i forrlia. In the event that any of the provisions of this Agreement arc held to be unenforceable or invalid by any court of competent jurisdiction, the validity, and enforceability of the remalnin~i provisions sha'l1 not b~' affe~ted thereby. .. -, , , . . 1606 16. IE the Property constitutes a "Common Interest Deve1opement" as defined in California. CiYi1 Code Section ,1~51(c) which will include membership in or ,ownership of an "Association" as defined' in CaUfonda Civil Code Section 1351(a), anything in this. Agreement to the contrary notwithstanding, the. following ...' provisionl3 shall apply at and during such time as ( i) the Property L, encumbered by a "Declaration" (as defined in California Civil Code Section 1351(h), and ( i i) the Common Area of the property (including the private road easement) is managed and controlled by an Association: (,a) Th ~ Association, through its Board of Directors, shall ..., repair and maintain the private road easement and/or drainage facility and shall be deemed the "agent" as 'referred' to ,in Paraç¡raph 7 above. The. As.sQciation, .which shall ,!)ot,)le ,J:ep~aced except by' amnndment tü 'thE! Dec1ara t10n, s ha 11 receive no (:ompensatioll for performing such duties. The costs of such maintenance and repair shall be assessed against each owner and his subdiviBion interest in the Property pursuant to t:he Declaration. 'rhe assessments s ha 11 be deposited in the Association's corporate account. '0'.. .. " 16J~ (b) The Wvisions in the DeclaratW which provide for. 'assessment liens in favor of the Association and enforcement thereof shall sUpersede Paragraph,',a of the Agreement in its entirety. No individual owners shall have the right to alter, maintàin or repair any of the Common Area (as defined in California Civil Code Section 1351(b) ,in th~a.Property except' as maybe allowed by the Declaration. (c) This Agreement shall not be interpret'ed in any manner ,which ,reduces or limits the Association's rights and duties pursuant to its Bylaws and the Declaration'. ".. IN WITNESS WHEREOF, the parties have executed this Agreement on the 8th day of APRIL , 19~. . ,- .... , AsseS'sor I s párcel No. 260-073-01&04' Torrance Savings & Loan Association, a,Californià Co~po~ation as Owner BY: Michael' e President - . . /608 .. .... STATE OF CALIFORNIA ) COUNTX' OF IDS ANGELES ) SS , ON' , 'April 8, 1991 SEFORE ME, THE UNDERSIGNED, A NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEAREDMichael E. Richardson (PERSONALLY KNOWN TO ME) (PROVED ~'O 'ME ON TIm BASI S OF SA~ISFACTORY EVIDENCE) TO BE THE PRESIDENT AND, Ambrose K, Yu (PERSONALLY KNOWN TO ME) (PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE Vice Pres. ~ OF 'rOR~ANC¡¡:' SAVINGS AND LOAN, ASSOCIATION THE CORPORATION THAT EXECUTED THE WITHIN'INS'rRUMENT, (PERSONALLY KNOWN TO ME) (PROVED TO ME ON THE BASIS 'OF SATISFACTORY EVIDENCE) TO BE THE PERSONS WH'O' EXECUTED THE WITHIN INSTRUMENT ON BEHALF OF,THE CORPORATION HEREIN NAMED, AND ACKNOWLEDGED TO ME THAT SUCH CORPORATION ,EXECUTED THE WITHiN INSTRUMENT PURSUANT TO ITS BY-LAWs. OR A R!!:ßOLUTION OF ITS BOARD' OF DI~ECTORS. ' WITNESS MY HAND AND OFFICIAL SEAL. ¿iJi;E,{!:fbp ~ OFFICIAL SEAL BETTY J. O'DEll NOTARY PUBLIC. CALIFORN. ,'lOSANGElESCOUNN NAME:' Bèttv J. O'Dell , M)Comm.EiOi"',""':i9" PRINCIPAL PLACE OF BUSINESS: Torrance, Ca. MY, COMMISSION EXPIRES: 6-3=94 ", OFFICIAL SEAL 8ETTY1.0'DEll NOTARY PUBLIC, CAliFORN. lOSANGELES COUNN ",Comm""""Jo"'3,1994 . 4tEET 1 OF 4 SHEETS 16019 n:XIJIDIT "JI" [,EGAL DESCRIP~'ION 1'HA1' PORTION OF L01' 25 OF RIDGEWAY HEIGHTS IN THE CI'rY OF ENCINITAS, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA ACCORDING TO MAP THEREOF NO, 216.3 RECORDED JULY 3, 1929 IN 1'HE OFFICE O'F THE COUNTY RECORDER OF SAID COUN'l'Y ~'QGE'I'HER WITH 'I'HAT PORTION OF SUMMIT 'AVENUE' AS 'VACATED' PER, CITY COUNCIL R:ESOLUTION NO, 91- 26 RECORDED~~~ AS 1~Ir.g/[>AGE NO. 91-0167385 DESCRIBED AS FOLLOWS: BEGINNING AT TIlE NORTHWEs'r CORNER 01' SAI~ LOT 25; THENCE ALONG 1'HE WESTERLY PROLONGATI ON o~' 'rHE NOR'rIJEIH" Y LINE ~'HEREOF S 89'56'49" W 6,42 FEE'r '1'0 JI POIN~' WIJICH IS 35.00 ¡"EET EASTERLY MEASURED AT RIGHT ANGLES TO THE CENTERLINE OF SUMMIT AVENUE AS SHOWN, ON ROAD SURVEY NO, 1156; ~'HENCE PARALLEL'ro SAID CENTERLINE S 00'23'13" W 42,88 FEET; THENCE N 89'59'57" W 5.00 FEET TO A POINT WHICH IS 30.00 I"EE~' EAS~'E!U,y, MEAS,URED ,A'r H,IGH'I' ANGLES '1'0 SAID CENTERLINE; THENCE PARALLEL TO SAID CENTERLINE S 00'23'13" W 56,45 l~r~E'r 'ro THE TRUE POINT OF BEGINNING, SAID TRUE POINT OF BEGINNING BEING THE BEGINNING OF A NON-TANGENT 30,00 FOOT' RADIUS CURVE' CONCAVE ,N'OwrHEAS'rElU"Y, A RADIAL. LINE '1'0 SAID CURVE DEARS S 42'l1'50"'W; THENCE LEAVING SAID PARALLEL LINE SOUTHEASTERLY AND EAS'rERLY 22,21 F'EE'l' ALONG SAID CURVE THROUGH A CENTRAL ,ANGLE 9F 42'14'29"; THENCE ,N 89'57'30" E '216,39 FEET 'ro 1'HE I1EGr~NING OF A 42,00 F'OOT RADIUS cugVE: CONCAVE TO THE NORTHWEST; THENCE EASTERLY, SOUTHERLY AND, WÅ’STERLY ALONG SAID CURVE 186.10 FEET ~'HROUGH A CEN~'RAL ANGLE OF 253'52'21" TO THE BEGINNING OF A REVERSE CURVE CONCAVE '1'0 TilE SOUTHWEST HAVING A RADIUS, OF 3,0 . 00 FEET, , ARAD I A[, LINE 'I'HROUGH SAID BEGINNING OF REVERSE CUR VE BEARS N 73'49.'51" E;, THENCE NOR'r!lERLY, NORTHWESTERf.,Y AND WEs'rERL Y 38.60 FEE'I' A[,ONG SAI D CURVE THROUGH A CENTRAL ANGLE OF, ,73 '52 ',21"; THENC¡;;S 89'57'30" W 147 . 38, FEET '1'0 ~'HEBEGINNING OF A 30.00 r"oo~' RADIUS CUHVE CONCAVE SOUTIJWES'rERLY; THENCE' WESTERLY AND SOUTHiVESTÅ’RLY 22,20 FEET ALONG SAID CURVE THROUGH A CENTRAL JINGLE 01~ 42'23'41' TO A POINT OF CUSP WITH A ,CURVE, CQNCAVE,1'0 TI.IE EAST HAVPiG ,A RADIUS OF 1970,00 FEET AND ~'O WHICH POINT A RADIAL LINE BEARSS 89'42'00" W; THENCE NORTHERLY 23.62 FEET ALONG ~AID CURVE THROUGH A CENTRAL ANGLE' O~ 00'41'13"; THENCE N 00'23'13" E 24,02 FoEET '1'0 'rHE TRun: POINT Ol~ DEÇHNNING, PE 179F ' , 161 0"":""'" '," l ,,~ '" ( t l1J . ;uJ , "l :r , c tJ) .q. lL -.. i!) la, iN " , , r- :JJJ ';¡- LIJ ,:t N cf) I-, 'I' '/ n ',,' , "'1"1'" "J ~.',,;, '(1) "" ,~.. 'r r-- Ü~IK '<:{ ~ I,~ , ' C\ ...J ::¡ ,( ,", CL ,~,' I'" :~é f:- z, ' +- 0 , "" - ~"" Z !::3, ,..:- W ~ > . -"", ' - " '.',' ,5 .() .r/'loOI ,"',or,IO,PIY, ¿ § -.. ..:. ,; LIJ r-- .11) , , l!f, V) CO:" .... L I '," , "" , « w - ~ ' ,:i I'" '.,.., 0 ..s' '~' '", >< ¡.iJ 'is'' ", '1-..,'-:' « W 0-. "<' , 0 ' :-to" I 1-- Þ\ '...- ' et: .' , , r ~ q, \.. W ~ "" r-- ~ - ,ZO'þ3 ' ;O~~~4$~:~ ('I, ' ' " Q:: " CL 1 ",11/,/1>,°'/1 "':'~ " , ., .. $~- .zÞ'az/ .. ¡',:ru,az.olY . -.. ....--',9r.\¡~'o., ,ooo¡-;'?}' ,;zr,sr: '1'-1- .., (99U s~:) 3nN::JI\\! llrN/I\1'ns ". H;iJ: ' ,~¡ 'J'll ' , .' " ,- , ¡¡I ",I '~I~I P,t f ' , " . . ~i &t r~L' ' .- ~ ~ ',,"Jll..-z "J ~ (om, .. .' , , "~-:--~'~--,_."=--:-,.-_.- -- ,.., . . 1611 SHEET 3 OF 4 SHEETS EXHIBIT "A" LEGAL DESCRIPTION RETENTION BASIN THOSE PORTIONS OF LOTS 25 AND 26 OF RIDGEWAY HEIGHTS IN THE CITY OF ENCINITAS, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA ACCORDING TO MAP THEREOF NO. 2163 RECORDED JULY 3, 1929 IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY DESCRIBED AS FOLLOWS: BEGINNING AT AN ANGLE POINT IN THE EASTERLY BOUNDARY OF SAID LOT 26; THENCE ALONG THE EASTERLY LINES OF SAID LOTS 26 AND 25 N 00'Ol'27" E 260,71 FEET; THENCE LEAVING SAID LINE S 69"53'48" W 152.73 FEET TO A POINT IN THE EASTERLY LINE THE AFORESAID PRIVATE ROAD EASEMENT; SAID POINT BEING ON THE ARC OF A NON-TANGENT 42.00 FOOT RADIUS CURVE CONCAVE WESTERLY A RADIAL LINE TO SAID POINT BEARS N 69"53'48" E; THENCE SOUTHERLY 58.16 FEET ALONG SAID CURVE THROUGH A CENTRAL ANGLE OF 79'20'51" TO A RADIAL LINE OF SAID CURVE WHICH BEARS S 30'45'21" E; THENCE ON THE PROLONGATION OF SAID RADIAL 113.97 FEET¡ THENCE S 00'24'15" W 100.02 FEET¡ THENCE N 84'56'03" E 115.02 FEET TO THE EASTERLY LINE OF SAID LOT 26; THENCE ALONG SAID LINE N 19"49'47" W 32,01 FEET TO THE POINT OF BEGINNING. 5/15/91 PE 179F 1612 ENCINI'A\S TRAC'I8NOG 60-194 TM SI-IE'ET 4 OF 4 -SI-IE:~S ~ itl " ~ -~ <. ",I ~ 1 pi <. ~ ~ - - - - ---.- :::---.-. a:: ZlG, 39' è3 z =rit ~ ROAD) ,~~ z I~~ 0 V~ ~ > õ CD ;:) \I) > ~ 5 34,085 S,F tV) ~,~ (f.< ;: ~ ~'J ;'~~ I¡ 'n'Ì -- <;) >2 \> I.. g ~ '" '"" ,~ I.-: ~'.,: I .~~ ~ ~ > ~ ~ ? ~ ~ .~ !>< ~ ~ 6 ~ - 13,396 SF. :' (':-'" -; ,:.; -~s' - --'" -.'.-, r:.-.- ;00' <;) ,- h-. .- . ' ~ i"'.,'/l::'.!) 5' ,y ~ . ~ LOT 2i SCALE' ¡"=40' \ , ,r' ., 1 ¡:,-) - ')" ~., 11-\ r' ,'.' " .J L.O'! ,.t) , ~ PASCO' ENGINEERING , (SI9) 259-8212 535 NO, HIGHWAY 101 5UITE A SOlANA BEACH, CA 92075 ---- , , , ;, ", ~J EXIIIBIT "ß" PROPERTY DESCRIPTION LO'I' 25' AND A PORTION 0[" LOT Î.G OF IHDGr';WAY BEIGJI'l'iJ, IN 'l'IIE COUNTY OF' SAN DIEGO, S'I'ATE OF' CM.:rF'OHN.1 A, ACCOfmING 1'0 MAP 'l'HFJREOF' NO. 2163, F'ILD:D IN 'I'B);', Ol'I;'l.CE (1[0' '['I'll<; COIJN'I'Y R¡.:cORDER"I)!' SAID SAN DJIWO eOllN'J'Y ,WLY :1, 192'), Mil) M: HIIOWN ON '['1m Awear(/) OF' SlJHVWY 0[' SAID f<IDGJ';WAY IIlèJ: GfI'l'r; , I"IL/';[) I;'OH 'I'm: PURPO~]E OF' COllRE:C'I'ING I':RfWRS IN 'l'BD: ORIGINAL MAP, HE:UIG n¡;;corm (W SlJRVIn:' MAl? NO. .U93, I'ILED IN '['Bfi: OFfo'IC!'; OF' 'I'll/;; rU':corw[;:n 0/" SMD SAN DI1~GO COUN<ry, SEP'I'E:l1DE:n 20, .l.9~~j, , , TOGETHER WITH 'J'HN], POH'I' J ON OF' iJlJMr1I'I' AVENlJE AI! VACA'l'WD BY DOCUMENT RD:COIWIW -~BJ.bJ.:?-,-.l9-n__,__- AS fo'IL[';/PAGfo:__._~-0167385 -- .. . .. 4 .. 1660 ~Q~U~-t~~t-O~~~~~9 AM ., OFFICIAL RECORDS .. ) SAH DI£GO COUNTY RECORDER'S OFFICE ) AHHETTE EVAHS, COUHTY RECORDER R.13.Cû/!PI/'¡r.' ;<ê~¡:.s:TED BY' AND ) RF= 15,00 FEES: 29.00 ) When Recorded Mail To: ) AF= 13,00 HA ) MF: 1. 00 City Clerk ) City of Encinitas ) 527 Encinitas Boulevard ) Encinitas, CA 92û24 ) ) SPACE ABOVE FOR RECORDER I S USE COVENANT REGARDING REAL PROPERTY: t PRIVATE IMPROVEMENTS REQUIRED AS CONDITION ON FINAL APPROVAL OF SUBDIVISION OF REAL PROPERTY. ! ~ i r\ Assessor's Parcel No. 260-073-01, 04 Project No.: T~ 88-194 W.o. 11/0, ; 0571;) Torrance Savings & Loan A. Association (SUBDIVIDER" hereinafter) is the owner of real property which is commonly known as 1301 & 1321 Summit Avenue ("PROPERTY" herf¡!inafter) and which is described as follows: See Exhibit A which is attached hereto and made a part hereof. B, The tentative subdivision of the PROPERTY was approved with the final approval subject to certain conditions requiring the construction of private improvements by SUBDIVIDER. SUBDIVIDER has applied for final approval of the subdivision but has not constructed the required private improvements. In consideration of the final approval of the subdivision of the PROPERTY by the City of I?tcinitas ("CITY" hereinafter), SUBDIVIDER hereby covenants and agrees for the benefit of CITY, to do the following: See Exhibit B which is attached hereto and made a part hereof. 10e15e 9/12/90 . . . 16. " ," C. This Covenant shall run with the land and be binding upon and inure to the benefit of the future owners, encumbrances, successors, heirs, personal representatives, transferees and assigns of the respective parties. D. SUBDIVIDER agrees that SUBDIVIDER's duties and obligations under this Covenant, are a lien upon the PROPERTY. Upon notice and opportunity to respond, CITY may add to the property tax bill of the .PROPERTY any past due financial. obligation owing to CITY by way of this Covenant. E. If either party is required to incur costs to enforce the provisions of this Covenant, the prevailing party shall be entitled to full reimbursement of all costs, including reasonable attorneys' fees, from the other party. F. Failure of SUBDIVIDER to comply with the terms of this Covenant shall constitute consent to the filing by CITY of a Notice of Violation of Covenant. G. Upon SUBDIVIDER's satisfactory completion of SUBDIVIDER's duties and obligations contained herein, SUBDIVIDER may request a~d CITY shall execute a Satisfaction of Covenant. 10e1Se 9/12/90 . .662 , - H. By action of the City Council, CITY may assign to a person or persons impacted by the performance of this Covenant, the right to enforce this Covenant against SUBDIVIDER. ACCEPTED AND AGREED. Dated 4-8-91 . President . Dated 4-8-91 Vice President (Notarization of SUBDIVIDER ttached.) CITY OF ENCINITAS Dated '{- l,.q( by lAjQ~ ~ ~~ . (Notarization not required) City Manager . I, ~~A~~~FoV'LIFO~iAAngeles _\55 INVEsQDQaMPANY . 1991 before me, U U~ APr~l 8, "f r said County and ~: undersigned, a Notary PMt~e'indE~ Richardson FOR NOTARY SEAL OR STAMP State personaiiyappeared d to me on the basis of pers~nailY known to me (or prove President, 0 satisfa,\'~¿Y evide'l{e) ~J'e the personaiiY known to me (or d ""..,rose . "t evidence) to be 0 an the basis of satlsfac ory CL\L SEAL 8 ~~~v~:rs~n :~oo;xecuted the within =n~~sbehaif of the OFJhy J O'Otll RN. . ~ Exec. Vice Pres, cknowledged to me that such N°I'oR;~~~!:;L ¿:,~~~ Corporationtherelnnamed,and~ ' trument pursuant to ItS ",c,mmE""""",,!99' t d the within inS corporation execu ,e f its board of directorS. bylaws or a resolut " ~t" . Signature Dell g ~ lOe15e 9/12/90 ITC 032 . . 1663 1~RR^NCB SAVINGS AND LOAN ASSOCIATION, A DNI'];:[J ----3_::¡¡_7~L.____. "^,""O"",'~M OWNER, . flY: --'--. . .'e" ,--~díàrdson PRESIDENT DA'rED 4-8-91 13Y: - '.(2, -=rtUv~ --'---'---'--'-"--' '-ëönstantine Fánnans J!I.ss~ SECRE1'ARY IDS ANGELES ) COUNTY OF' ) SS 8TATE OF CALIFORNIA ) ON April 8, 1991 HEFORE ME, THE UNDERSIGNED, A NOTARY PlJDI,IC IN AND "'OR SAID S'I'NI'n:, PERSONALLY APPEARED'Michael E. Richardson (PI,RSONAr,[,y KNOWN '1'0 ME) (PROVED TO ME ON THE BASIS OF SA'rJ SFAC'I'ORY IWI DENCE) 'ro BE THE -- PRESIDENT AND Constantine FarnEIls (PERSONALLY KNOWN TO ME) (PIWVED '1'0 ME ON 'rIm BASIS OF SATISFACTORY EVIDENCE) TO HE - SECRE'rARY OF TORRANCE SAVINGS AND LOAN ASSOCIA'l'ION 'I'HE CORPORA'l'ION 1'IINr EXEClJ'I'ED 'rilE WITHIN INSTRUMENT, (PERSONALLY KNOWN '1'0 ME) (PRovr~D 'ro ME ON THE BAS I S OF SATISFACTORY EVIDENCE) TO nETHE PERSONS WHO EXECUTED THE WITHIN INSTRUMENT ON BEIIALF 0[" TI.IE CORPORA'I'ION HEREIN NAMED, AND ACKNOWLEDGED '1'0 ME TIIA1' iaJCH COHPOHA'I'ION EXEClJ'rED THE WITHIN INSTRUMENT PURSUANT TO as BY-LAWS OR A RESOLUTION OF ITS BOARD OF' DI RECTORS. WI'I'NE" MY IIAN~ W-IAl' SF,AL. OFFICIAL SEAL 8fTTy 1. O'DfI! OTARY S 'UR!". - ~-- NOTARY PU'"e. CAlfO". ",,¿~~A~:¡~;:!~~~~~99' NAME: Betty.....r,--ç~~.U_--_._-------- PRINCIPAL PLACE OF BUSINESS: TorrAnce.~- MY COMMISSION ¡;:xr'lRE.~: 6.::3.::9.4_____------_._--_..._----- . . 1664 ATTACHMENT A TO COVENANT REGARDING REAL PROPERTY: IMPROVEMENTS REQUIRED AS CONDITION ON FINAL APPROVAL OF SUBDIVISION OF REAL PROPERTY. PROJECT NO. TM 88-194 PROPERTY DESCRIPTION LOT 25 AND A PORTION OF LOT 26 OF RIDGEWAY HEIGHTS, IN THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO. 2l63, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAID SAN DIEGO COUNTY JULY 3, 1929, AND AS SHOWN ON THE RECORD OF SURVEY OF SAID RIDGEWAY HEIGHTS, FILED FOR THE PURPOSE OF CORRECTING ERRORS IN THE ORIGINAL MAP, BEING RECORD OF SURVEY MAP NO. 1193, FILED IN THE OFFICE OF THE RECORDER OF SAID SAN DIEGO COUNTY, SEPTEMBER 20, 1945. TOGETHER WITH THAT PORTION OF SUMMIT AVENUE AS VACATED BY DOCUMENT RECORDED APRIL 15,1991 AS FILE/PAGE 91-0167385 - . .65 ATTACHMENT B TO COVENANT. REGARDING REAL PROPERTY: PRIVATE IMPROVEMENTS REQUIRED AS CONDITION ON FINAL APPROVAL OF SUBDIVISION OF REAL PROPERTY, PROJECT NO, TM 88-194 SUBDIVIDER'S DUTIES AND OBLIGATIONS Name of. SUBDIVIDER: Torrance Savings & Loan Association Tract or Parcel Map Numbe.r : : 88..1194 TM/MUP Name of SUbdivisi~n: - .-- Resolution of Approval Number: 90-23 Adopted: 5-17-90 Estimated total cost of improvements: $40,791.56. (GRADING) $75, 497.13 1. IMPROVEMENTS REQUIRED .. 1.1 SUBDIVIDER ag¡;ee.s ~:t SUBDIYIDER I sown cos1; and expense to furnish all the labor, equipment and mat:erialsto perform' aJ;1Q complete, in accordance with the plans and specifications and to the satisfaction and approval of the city Engineer, all of the private improvements referred to below: ".. Improvement plans tor 0571 - G,' sheets 1 "through' , . . . 0/-11-9/ ". ' 3 " da tad f ,..ia toe J . and prepared by I' Wayne Pasco. RCE' ~9577 as approved on ~ - 7- 9/ by the City Eng ineer" ,together with any subsequent amendments approved in writing by the City Engineer; on file with CITY in Encinitas and' inc.orporated . herein as though' fully set forth at length. 1.2' Further, SUBDIVIDER agrees to perform the following condi tions: I 4D, 4E, 4F, 4H & 6C 10e1S.. 9/12/90 . tt666 2,0 PROGRESS OF WORK 2.1 Time is of the essence with this Covenant, SUBDIVIDER shall commence substantial construction of the private improvements required by this Covenant not later than Ol-DI-'B and shall complete the private improvements no later than 09-DI-Q3 In the event good cause exists, as determined by the City Engineer, the time for commencement of construction or completion of the private improvements hereunder may be extended. Any such extension may be granted without notice to SUBDIVIDER's Surety or Sureties, if any, and shall in no way affect the validity of this Covenant or release the Surety or Sureties on any security given for the faithful performance of this Covenant. The City Engineer shall be the sole and final judge as to whether or not good cause has been shown to entitle SUBDIVIDER to an extension. As a condition of suèh extensions, the City Engineer may require SUBDIVIDER to furnish new security guaranteeing performance of this Covenant, as extended, in an increased amount as necessary to compensate for any increase in construction costs as determined by the City Engineer. 2.2 If any of the private improvements are to .be constructed or installed on land not owned by SUBDIVIDER, no construction or installation shall be commenced prior to SUBDIVIDER demonstrating to CITY that SUBDIVIDER has acquired the appropriate property interests. 2.3 SUBDIVIDER shall, at SUBDIVIDER's expense, obtain all necessary permits and licenses for the construction of the private 10e1Se 9/12/90 . .67 improvements and give all necessary notices and pay all fees and taxes required by law. 2.4 SUBDIVIDER shall notify the City Engineer in writing at least 15 days prior to the commencement of work hereunder. No construction work shall begin until authorized by CITY. 2.5 SUBDIVIDER shall not be entitled to obtain occupancy permits for the buildings constructed on any lot created by the subdivision until all required improvements have been provided to the satisfaction of the City Engineer. 2.6 SUBDIVIDER shall at all times maintain safe construction facilities, and provide safe access, for inspection CITY, to all parts of the work and to 't.he . shops wherein the work is in. preparation. 2,7 SUBDIVIDER shall give good and adequate warning to the public to each and every existing danger relating to the construction of the private improvements, and shal¡ protect the public from such dangers. 3, INSPECTION/APPROVAL OF IMPROVEMENTS 3.1 The City Engineer or his duly authorized representative, upon request of SUBDIVIDER, shall inspect, at SUBDIVIDER's expense, the private improvements herein agreed to be constructed and installed by SUBDIVIDER. If determined to be in accordance with applicable CITY standards and the other terms of this Covenant, the City Engineer shall approve the improvements. 3.2 SUBDIVIDER agrees to pay for each inspection of the improvements required by the City Engineer, 10e1Se 9/12/90 . 1668 . 3.3 Approval of the private improvements by CITY, shall not constitute a waiver by CITY of any defects in the improvements. 3.4 Until such time as the 'private improvements required by' this Covenant are fully completed by SUBDIVIDER and approved by the City Engineer, SUBDIVIDER will be responsible for the care, maintenance, repair and replacement of such private improvements. 4,0 HOLd HARMLESS 4.1 SUBDIVIDER agrees to indemnify and hold CITY and CITY's officers, officials, employees and agents harmless from, and against any and all liabilities, claims, demands, causes of action, losses; damages and costs, including all costs of defense thereof, arising out of, or in any manner connected directly or indirectly with, any acts or omissions of SUBDIVIDER Or SUBDIVIDER's agents, employees, subcontractors, officials., officers or representatives. Upon demand, SUBDIVIDER shall, at its own expense, defend CITY and 'CITY's officers, officials, employees and agents, from and against any and all such liabilities, cla.ims, demands, causes of action, losses, damages and costs. 4.2 SUBDIVIDER's obligation herein includes, but is not limited to, alleged defects in the plans, specifications and design of the private improvements; but does not extend to liabilities, claims, demands, causes of action, losses, damages or costs that arise out of a defect in the plans, specifications or design that is a result of a change required by CITY to SUBDIVIDER's proposed plans, specifications or desi~n so. long .as such change is objected. 10e1Se 9/12/90 . .69 to, in writing, by SUBDIVIDER, and the writing is filed with the City Engineer more than ten days prior to the commencement of work. 4.3 SUBDIVIDER's obligation herein includes, but is not limited to, alleged defects in the construction of the private improvements; alleged defects in the materials furnished in the construction of the private improvements; alleged injury to persons or property; alleged inverse 'condemnation of property or a consequence of the design, construction, or maintenance of the work or the private improvements; and any accident, loss or damage to the work or the private improvements prior to the approval of the construction of the private improvements by CITY. 4.4 By approving the improvement plans, specifications and design or by inspecting or approving the private improvements, CITY shall not have waived the protections afforded herein to CITY and CITY's officers, officials, employees and agents or diminished the obligation of SUBDIVIDER who sha,ll remain obligated in the same degree to indemnify and hold CITY and CITY's officers, officials, employees and agents, harmless as provided above. 4.5 SUBDIVIDER's obligation herein does not extend to liabilities, claims, demands, causes of action, losses, damages or costs that arise out of CITY's intentional wrongful acts, CITY's violations of law, or CITY's sole active negligence. 5.0 INSURANCE 5.1 SUBDIVIDER shall obtain and maintain a policy of motor vehicle liability, public liability, general liability and 10e1Se 9/12/90 '. . . 1670 . property damage insurance from an insurance company approved by CITY and authorized to do business in the State of California, in an insurable amount of not less than one million dollars ($1,000,000.00) for each occurrence. The insurance policy shall provide that the policy shall remain in force during the life of this COVENANT and shall not be canceled, terminated, or allowed to expire without thirty (30) days 'prior written notice to CITY from the insurance company. 5.2 CITY shall be named as an additional insured on SUBDIVIDER's policies. 5.3 SUBDIVIDER shall furnish certificat~s of said insurance to CITY prior to commencement of work under this AGREEMENT. 6,0 REPAIR. MAINTENANCE AND REPLACEMENT As a condition on the approval by CITY of the satisfactory construction of-the private improvements, SUBDIVIDER shall prepare, have executed, and record a covenant, in a form satisfactory to CITY, whereby property owners who will be served by the private improvements will be obligated to provide for the repair, maintenance and replacement of the private improvements and to indemnify and hold CITY and CITY's officers, officials, employees and agents, harmless. 7,0 NOTICES 7.1 Any notices to be given under this COVENANT, or otherwise, shall be served by certified mail. 10e1Se 9/12/90 '. . . 1671 , .. '. 7,2 For the purposes hereof, unless otherwise provided in writing by the parties hereto, the address of CITY and the proper person to receive any such notice on its behalf is: City of Encinitas Department of Public Works 527 Encinitas Boulevard Encinitas, CA 92024 Attention: Tom Faulkner and the address of SUBDIVIDER and the propèr person to. receive any such notice on its behalf is: Torrance Savings & Loan Association 22759 Hawthorne Boulevard Torrance, CA 90505 Attention: President. 8,0 SUBDIVIDER'S CERTIFICATION OF AWARENESS OF IMMIGRATION REFORM AND CONTROL ACT OF 1986 SUBDIVIDER certifies that SUBDIVIDER is aware of the requirements of the Immigration Reform and Control Act of 1986 (8 USC §§ 1101-1525) and will comply with these requirements, including but not limited to verifying the eligibility for employment of all agents, employees, subcontractors and consultants that are included in, satisfy the duties and.obligations contained herein. 9.0 GENERAL PROVISIONS 9.1 Neither SUBDIVIDER nor any of SUBDIVIDER's agents or contractors are or shall be considered to be agents of CITY in 10e1Se 9/12/90 "'°72 -.' . . .~ f , '. connection with the performance of SUBDIVIDER's duties and obligations under this Covenant. 9.2 Sale or other disposition of the PROPERTY will not relieve SUBDIVIDER from the duties and obligations set forth herein. 9.3 SUBDIVIDER shall provide the improvements as an independent contractor and in pursuit of SUBDIVIDER's independent calling, and not as an employee of CITY. SUBDIVIDER shall not be under control of CITY except as to the result to be accomplished. SUBDIVIDER may confer with CITY as required to, perform this Covenant. 9.4 No verbal agreement or conversation with any officer, official, agent or employee of CITY, either before, during or after the execution of this Covenant, shall effect or modify any of the terms or obligations herein contained. 10e15e 9/12/90 , '¡ . 1644 .OOC " 1991~0396228 ,.,,;~ ".. T 07-AUG-1991 08:19 AM ~ . . I ) OFFICIAL RECORDS , SAH DI£GO COUNTY RECORDER'S OFFICE ) RéG:J/:fJ/lII6, ¡('EQI,Il::STEO BY AND ) AHHETT[ EVANS, COUHTY RECORDER ) RF: IB.OO FEES: 35.00 When Recorded Mail To: ) AF: 16.00 HA ) MF: 1. 00 City Clerk ) City of Encinitas ) 527 Encinitas Boulevard ) Encinitas, CA 92024 ) ) SPACE ABOVE FOR RECORDER I S USE COVENANT REGARDING REAL PROPERTY: f! I IMPROVEMENTS REQUIRED AS CONDITION ON I FINAL APPROVAL OF SUBDIVISION OF REAL PROPERTY, Assessor's Parcel No. 260-073-01, 04 Project No.: TM 88-194 wo'tJo,1 OS7/:T Torrance Savings & Loan A. Association (SUBDIVIDER" hereinafter) is the owner of real property which is commonly known as 1301 and 1321 Summit Avenue ("PROPERTY" hereinafter) and which is described as follows: See Exhibit A which is attached hereto and made a part hereof. B. The tentative subdivision of the PROPERTY was approved with the final approval subject to certain conditions requiring the construction of improvements by SUBDIVIDER. SUBDIVIDER has applied for final approval of the subdivision but has not constructed the required improvements. In considera.tion of the final approval of the subdivision of the PROPERTY by the City of Encinitas CITY" hereinafter), SUBDIVIDER hereby covenants and agrees for the benefit of CITY, to do the following: 10e15a 9/12/90 ,' . 81645 ,',.. See Exhibit B which is attached hereto and made a part hereof. C. This Covenant shall run with the land and be binding upon and inure to the benefit of the future .owners, encumbrances, successors, heirs, personal representatives, transferees and assigns of the respective parties, D. SUBDIVIDER agrees that SUBDIVIDER's duties and obligations under this Covenant are a lien upon the PROPERTY. Upon notice and opportunity to respond, CITY may- add to the property tax bill of the PROPERTY any past due financial obligation owing to CITY by way of this Covenant. E. If either party is required to incur costs to enforce the provisions of this Covenant, the prevailing party shall be entitled to full reimbursement of all costs, including reasonable attorney~' fees, from the other party. F. Failure of SUBDIVIDER to comply with the terms of this Covenant shall constitute consent to the filing by CITY of a Notice of Violation of Covenant. G. Upon SUBDIVIDER's satisfactory completion of SUBDIVIDER's duties and obligations contained herein, SUBDIVIDER may request and CITY shall execute a satisfaction of Covenant. 10e1Sa 9/12/90 . . 1646 H. By action of the City Council, CITY may assign to a person or persons impacted by the performance of this Covenant, the right to enforce this Covenant against SUBDIVIDER. ACCEPTED AND AGREED. '/. Torranc Corporation Dated ' g" ? / ~A-IfIO. E Pod /" \ res1. ent Dated if -y!~ 7/ tAA-~ ~ jJ¡Vlt3t:rc'[ i-. ent (Notarization of SUBDIVIDER signatur CITY OF ENCINITAS . Dated 'i-b.- ql by LJo.---+-1 ~ (Notarization not required) City Manager . " ~ STATE OF CALIFORNIA j D n COUNTY OF Los Angeles SS. ilL j~ On APril 8, 1991 before me. INVESTORS TITLE COMPANY the undersigned, a Notary Public in and for said County and U U ~ State, personally appeared Michael E, Richardson personally known to me (or proved to me on the basis of FOR NOTARY SEAL OR STAMP 0 satisfactory evidence) to be the PresidEnt, ~ and Ambrose K, Yu personally known to me (or ~ proved to me on the basis of satisfactory evidence) to be ~ the person who executed the within Instrument as ;;, Exec. Vice Pres, ~onbehalfofthe OFFICIAL,SEAL corporation therein named, and acknowledged to me that such 8ETTY J. 0 DElL corporation executed the within instrument pursuant to Its NO¡~~Y:"!!',~~;¡~~~N. bylaws ora resolution of Its board~Ofdlr~ Myc'"","",,,"0",3.1994 Signature ~ f7. 6J i ' BettY. ~'Dell - ii5 ITC 032 10e1Sa 9/12/90 . . 1647 ASSOCIATION, A OWNER: DATED 4-8-91 BY: PRESIDENT DATED 4-8-91 BY: PRESIDENT ) COUNTY OF IDS ANGELES ) SS STATE OF CALIFORNIA ) ON April 8, 1991 BEFORE ME, THE UNDERSIGNED, A NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED Michael E. Richardson (PERSONALLY KNOWN TO ME) (PROVED TO ME ON T,HE BASIS OF SATISFACTORY EVIDENCE) TO BE THE PRESIDENT AND Ambrose K, Yu (PERSONALLY KNOWN TO ME) (PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE Exec.VicePres, ~ OF TORRANCE SAVINGS AND LOAN ASSOCIATION THE CORPORATION THAT EXECUTED THE WITHIN INSTRUMENT, (PERSONALLY KNOWN TO ME) (PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE THE PERSONS WHO EXECUTED THE WITHIN INSTRUMENT ON BEHALF OF THE CORPORATION HEREIN . NAMED, AND ACKNOWLEDGED TO ME THAT SUCH CORPORATION EXECUTED THE WITHIN INSTRUMENT PURSUANT TO ITS BY-LAWS OR A RESOLUTION OF ITS BOARD OF DIRECTORS. SEAL. NOTARY G TURE NAME: Betty J. O'Dell PRINCIPAL PLACE OF BUSINESS: Torrance, Ca. MY COMMISSION EXPIRES: 6-3-94 . . 1648 t ATTACHMENT A TO CO ENANT REGARDING REAL PROPERTY: IMPROVEMENTS REQUIRED AS CONDITION ON FINAL APPROVAL OF SUBDIVISION OF REAL PROPERTY. PROJECT NO, TM 88-194 PROPERTY DESCRIPTION LOT 25 AND A PORTION OF LOT 26 OF RIDGEWAY HEIGHTS, IN THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO. 2163, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAID SAN DIEGO COUNTY JULY 3, 1929, AND AS SHOWN ON THE RECORD OF SURVEY OF SAID RIDGEWAY HEIGHTS, FILED FOR THE PURPOSE OF CORRECTING ERRORS IN THE ORIGINAL MAP, BEING RECORD OF SURVEY MAP NO. 1193, FILED IN THE OFFICE OF THE RECORDER OF SAID SAN DIEGO COUNTY, SEPTEMBER 20, 1945. TOGETHER WITH THAT PORTION OF SUMMIT AVENUE AS VACATED BY DOCUMENT RECORDED APRIL 15,1991 AS FILE/PAGE 91-0157385 . . 1649 ATTACHMENT B TO COVENANT REGARDING REAL PROPERTY: IMPROVEMENTS REQUIRED ..AS CONDITION ON FINAL APPROVAL OFSUBDIVIS.ION OF REAL PROPERTY, PROJECT NO, TM 88':'194 SUBDIVIDER'S DUTIES AND OBLIGATIONS Name of SUBDIVIDER: Torrance Savings & Loan Association Tract or Parcel Map Number : 88-194 TM/MUP Name of Subdivision: - Resolution of Approval Number: 90-23 Adopted: 5-17-90 Estimated total cost of improvements: $29,655.17 1. IMPROVEMENTS REQUIRED 1.1. SUBDIVIDER agrees at SUBDIVIDER's own cost and expense to furnish all the labor., equipment and materials to perform and complete, in accordance with the plans and specifications and to the satisfaction and approval of the City Engineer, all of the improvements referred to below: Improvement plans for 0571-.R sheets 1 through t'- 2 , dated O/-I/-q/ and prepared by Wayne Pasco, RCE 29577 as approved on CJ7-0z. -q / by the City .. Engineer together with any subsequent amendmerits approved in .. . writing by the City Engineer; on file with CITY ~ ~o~ Encinitas and incorporated herein as though fully set forth at length. 1.2 Further, SUBDIVIDER agrees to perform the following conditions: 6C. 7D, 7E 10e1Sa 9/12/90 . 1650 . 2,0 PROGRESS OF WORK 2.1 Time is of the essence with this Covenant, SUBDIVIDER shall commence substantial construction of the improvements required by this Covenant not later than 0/-0/-'73 and shall complete the improvements no. later than 0'J-O/-13. In the event good cause exists, as determined by the City Engineer, the time for commencement of construction or completion of the improvements hereunder may be extended. Any such extension may be granted without notice to SUBDIVIDER's Surety or Sureties, if any, and shall in no way affect the validity of this Covenant or release the Surety or Sureties on any security given for th.e faithful performance of this Covenant. The City Engineer shall be the sole and final judge as to whether or not good cause has been shown to entitle SUBDIVIDER to an extension. As a condition of such extensions, the City Engineer may require SUBDIVIDER to furnish new security guaranteeing performance of this Covenant, as extended, in an increased amount as necessary to compensate for any increase in construction costs as determined by the City Engineer, 2.2 If any of the public improvements are to be constructed or installed on land not owned by SUBDIVIDER, no construction or installation shall be commenced prior to the acquisition and acceptance by CITY of appropriate property interests. SUBDIVIDER shall pay the actual costs of acquisition of such property interests. 10e1Sa 9/12/90 . . 1651 2.3 SUBDIVIDER shall, at SUBDIVIDER's expense, obtain all necessary permits and licenses for the construction of the improvements and give all necessary notices and pay all fees and taxes required by law. 2.4 SUBDIVIDER shall notify the City Engineer in writing at least 15 days prior to the commencement .of work hereunder. No construction work shall begin until authorized by CITY. 2,.5 SUBDIVIDER shall not be entitled to obtain occupancy permits for the buildings constructed on any lot created by the subdivision until all required improvements have been provided to the satisfaction of the City Engineer. 2.6 SUBDIVIDER shall at all times maintain safe construction facilities, and provide safe access, for inspection by CITY, to all parts of the work and to the shops wherein the work is i'n preparation. 2.7 SUBDIVIDER shall give good and adequate warning to the public to each and every existing danger relating to the construction of the improvements, and shall protect the public from such dangers. 3, INSPECTION/ACCEPTANCE OF IMPROVEMENTS 3.1 The City Engineer or his duly authorized representative, upon request of SUBDIVIDER, shall inspect, at SUBDIVIDER's expense, the improvements herein agreed. to be constructed and installed by SUBDIVIDER. If determined to be in accordance with applicable CITY standards and the other terms of this Covenant, the 10e1Sa 9/12/90 . . 1652 City Engineer shall approve the improvements and recommend the acceptance of the public improvements by CITY through resolution of the City Council of CITY. 3.2 The SUBDIVIDER agrees to pay for each inspection of the improvements required by the city Engineer. 3.3 Approval of the improvements and acceptance of the public improvements by CITY, shall not constitute a waiver by CITY of any defects in the improvements. 3.4 Until such time as the improvements required by this Covenant are fully completed by SUBDIVIDER, approved by the City Engineer and the public improvements are accepted by CITY, SUBDIVIDER will be responsible for the care, maintenance, repair and replacement of such public improvements. 4, GUARANTEE/WARRANTY 4.1 ONE YEAR. SUBDIVIDER hereby guarantees and warrants the public improvements constructed pursuant to this Covenant for a period of one year after final acceptance of said work to include design, work, labor and materials furnished. If within the one year period, any public improvement or part of. any public improvement furnished, installed or constructed, or caused to be furnished, installed or constructed by SUBDIVIDER, fails to fulfill any of the requirements of this Covenant or otherwise fails to function to the satisfaction of the CITY, SUBDIVIDER shall without delay and without any cost to CITY, repair, replace or reconstruct any failing part or parts of the public improvement. 10e15a 9/12/90 . . 1653 4.2 TEN YEARS. For ten years following the acceptance by CITY of the public improvements, SUBDIVIDER shall remain obligated to cure all identified defects in the design, construction, materials of the public improvements. 5,0 SECURITY 5.1 FOR CONSTRUCTION. A. SUBDIVIDER shall furnish to City good and sufficient security in the form of a cash deposit, a letter of credit or other security as approved by the City Engineer in the amount of 150% of the estimatec;i total costs of. constructing the improyements, to assure faithful performance of this Covenant in regards to the construction of the improvements. B. In the event that changes, alterations or additions to the improvement plans and specifications or to the improvements add 10% or more to the original estimated costs of the . improvements, SUBDIVIDER shall provide additional security in a form satisfactory to CITY in an amount equal to 100% of the total estimated increase in the construction cost of the improvements. , The amount of the additional security may be adjusted by the amount of work completed and any prior, partial releases of security. 5.2 FOR ONE YEAR GUARANTEE/WARRANTY. SUBDIVIDER shall furnish to CITY good and sufficient security, in the form of a cash deposit, letter of credit or other security as_approved by the City Engineer, in the amount of 25% of the estimated total cost of the public improvements, to secure SUBDIVIDER's guarantee and warranty 10e15a 9/12/90 . 81654 specified herein for a period of one year following the acceptance by CITY of the public improvements, 6. CURING OF DEFAULTS 6.1 In the event that SUBDIVIDER fails to perform any duty or obligation imposed by this Covenant, SUBDIVIDER hereby authorizes CITY, at CITY's option, to perform such duty or obligation twenty (20) days after CITY mails written notice of default to SUBDIVIDER and SUBDIVIDER fails to cure such default. SUBDIVIDER agrees to pay the actual costs of such performance by CITY. The security posted by SUBDIVIDER pursuant to this Covenant may be used by CITY for the completion of such performance, but shall not limit SUBDIVIDER's liability. 6.2 In the event of SUBDIVIDER'S uncured default, CITY may take over the work and prosecute the same to completion, by contract or by any other method CITY may deem advisable, for the 'account and at the expense of SUBDIVIDER. SUBDIVIDER shall be liable to CITY for the actual costs or damages occasioned CITY thereby. without liability for so doing, CITY may take possession of the construction site and the work. In completing the work, CITY may utilize such materials, appliances, plants and other property belonging to SUBDIVIDER as may be on the site of the work and necessary therefore. 6.3 Should the exigencies of the case require repairs, replacements, or work to be done before SUBDIVIDER can be notified and given 20 days to perform, CITY may, at CITY I s option and 10e15a 9/12/90 . 1655 .', . , without liability, make the necessary repairs or replacements or perform the necessary work and SUBDIVIDER shall pay to CITY the actual costs of so doing. 7.0 HOLD HARMLESS 7.1 SUBDIVIDER agrees to indemnify and hold CITY and CITY's officers, officials, employees and agents harmless from, and against any and all liabilities, 'claims, demands, causes of action, losses, damages and costs, including all costs of defense thereof, arising out of, or in any manner connected directly or indirectly with, any acts or omissions of SUBDIVIDER or SUBDIVIDER's agents, employees, subcontractors, officials, officers or representatives. Upon demand, SUBDIVIDER shall, at its own expense, defend CITY and CITY's officers, officials, employees and agents, from and against any and all 'such liabilities, claims, demands, causes of action, losses, damages and costs. 7.2 SUBDIVIDER's obligation herein includes, but is not limi ted to, alleged defects in the plans, specifications and design of the improvements; but does not extend to liabilities, claims, demands, causes of action, losses, damages or costs that arise out of a defect in the plans, specifications or design that is a result of a change required by CITY to the SUBDIVIDER's proposed plans, specifications or design so long as such change is objected to, in writing, by the SUBDIVIDER, and the writing is filed with the City Engineer more than ten days prior to the commencement of work. 10e15a 9/12/90 . 81656 7.3 SUBDIVIDER's obligation herein includes, but is not limi ted to, alleged defects in the construction of the improvements; alleged defects in the materials furnished in the construction of the improvements; a¡¡eged.injury to persons or iOe1Sa 9/12/90 . 1657 .'. .' . property; alleged inverse condemnation of property or a consequence of the design, construction, or maintenance of the work or the improvements; and any accident, loss or damage to the work or the improvements prior to the acceptance of same by CITY. 7.4 By approving the improvement plans, specifications and design; by inspecting or approving the improvements; or by accepting the public improvemen~s, CITY shall not have waived the protections afforded herein to CITY and CITY's. officers, officials, employees and agents or diminished the obligation of SUBDIVIDER who shall remain obligated in the same degree to indemnify and hold CITY and CITY's officers, officials, employees and agents, harmless as provided above. 7.5 SUBDIVIDER's obligation herein does not extend to liabilities, claims, demands, causes of action, losses, damages òr costs that ar is.e out.. of CITY's intentional wrongful acts, CITY's violations of law, or CITY's sole active negligence. 8,0 INSURANCE 8.1 The SUBDIVIDER shall obtain and maintain a policy of motor vehicle liability, public liability, general liability and property damage insurance from an insurance company approved by CITY and authorized to do business in the state of California, in an insurable amount of not less than one million dollars ($1,000,000.00) for each occurrence, The insurance policy shall provide that the policy shall remain in force during the life of this COVENANT and shall not be canceled, terminated, 10e15a 9/12/90 . 1658 "-'., .' . '. or allowed to expire without thirty (30) days prior written notice to CITY from the insurance company. 8.2 CITY shall be named as an additional insured on SUBDIVIDER's policies. 8.3 SUBDIVIDER shall furnish certificates of said insurance to CITY prior to commencement of work under this AGREEMENT. 9,0 NOTICES 9.1 Any notices to be given under this COVENANT, or otherwise, shall be served by certified mail. 9.2 For the purposes hereof, unless otherwise provided in writing by the parties hereto, the address of CITY and the proper person to receive any such notice on its behalf is: City of Encinitas Department of Public Works 527 Encinitas Boulevard Encinitas, CA 92024 Attention: Tom Faulkner and the address of SUBDIVIDER and the proper person ,to receive any such notice on its behalf is: Torrance Savings & Loan Association 22759 Hawthorne Boulevard Torrance, CA 90505 Attention: President 10,0 SUBDIVIDER'S CERTIFICATION OF AWARENESS OF IMMIGRATION REFORM AND CONTROL ACT OF 1986 10e15a 9/12/90 . ,'. fI . 1659 , ". SUBDIVIDER certifies that SUBDIVIDER is of the aware '~ requirements of the Immigration Reform and Control Act of 1986 (8 USC §§ 1101-1525) and will comply with these requirements, including but not limited to verifying the eligibility for employment of all agents, employees, subcontractors and consultants that are included in, satisfy the duties and obligations contained herein. 11,0 GENERAL PROVISIONS 11.1 Neither SUBDIVIDER nor any of SUBDIVIDER's agents or contractors are or shall be. c.onsidered to be agents of CITY in. connection with the performance of SUBDIVIDER's duties and obligations under this Covenant. 11. 2 Sale or other disposition of the PROPERTY will not relieve SUBDIVIDER from the duties and obligations set forth herein. 11. 3 SUBDIVIDER shall provide the improvements as an independent contractor and in pursuit of SUBDIVIDER's independent calling, and not as an employee of CITY. SUBDIVIDER shall not be under control of the CITY except as to the result to be accomplished. SUBDIVIDER may confer with CITY as required to perform this Covenant. 11. 4 No verbal agreement or conversation with any officer, official, agent or employee of CITY, either before, during or after the execution of this Covenant, shà11 effect or modify any of the terms or obligations herein contained. 10elSa 9/12/90 . tJc n 1991-0396227 J '- 07~AUG-1991' 08: 19 AM 1639 OFFICIAL RECORDS SAN DIEGO COUNTY RECORDER'S OFfICE AHHETTE EVANS. COUNTY RECORDER RF: 7.00 FEES: 13.00 AF: 5.00 HA MF: 1.00 R~cording RequcDted by: ) ) Torrance Savings & Loan Assoc.) 22759 Hawthorne Boulevard ) 1'orrance, CA 90505 ) When Recorded Mall To: ) ) City Engineer ) City of Encinitas ) 527 Encinitas Blvd. ) Ençinitas, CA 92021 ) , SPACE ABOVE FOR REC'ORDER' S USE </, COVENANT REGARDING REAL PROPERTY '" STORM DRAIN TM 88-194 / t Asses~or'~ Parcel Project No.: No. 260-073-01, 01 W.O. No.: 0571-J Log No.: NIA A. 'I'ORRANCE SAVINGS AND [,OAN ASSOCIATION, A CALIFORNIA CORPORA'I'T ON ("OWNER" hereinafter) is the owner of real property which is commonly known as 88-191 TM - 1301 - 1321 Summit Avenue, LeÜcadia, California 92024 ("PRÒPERTY" hereinafter) ~nd which is described as follows: See Attachment A which is attached hereto and made a part hereof. B. In consideration of approval of 88-194 TM by the City of En,cini tas ("CITY" here ina fte,r), O\\,NER hereby covena,nts and agrees for the benefit of CITY, to do the following: See Att~chment B which is attached herêto and made a part hereof, C. 'rhis Covenant shall run wi th thee land and be binding upon and inure to the bene fi t of the future owners, encumbrancers, successors, heirS, ' per'sonal representatiVes, transferees and assigns of the respective parties. . .. 1640 , ,> D. OWNEH agreEeß that OWNER's dutie~ and obligationa under this Covenant are a lien upon the PHOPEH1'Y. Upon 'notic~ and oppor>tunity to reBpond, CITY may add to the property tax bill of the PROPERTY ~ny past due financial obligation owing to CITY by way of this Covenant. E. If either party is required to incur costs to enforce the provisions of this Covenant, the prevailing party shall be entitled to full reimbursement of all costs, including reasonable attorneys' fees, from the other party. F. Failure of OWNER [:0 comply with the terms of this Covenant shall constitute consent to the filing by'CITY ofa Notice of Violation of Covenant. G. Upon OWNER's satisfaction of 'OWNERS's duties and obligations contained herein, OWNER may request and City shall execute a Satisfaction of Covenant. H. Byaction of. the Ci ty Counc il, CITY may assign to a person ,or persons impacted by the performance of this Covenant, the right to enforce this Covenant èjgi,\.inst OWNER. ACCEPTED AND AGREED: Dated 4-11-CJ1 'J'ORRANCE SAVINGS AND I,OAN ASSOCIATION, A CALIFORNIA CORPORATION AS OWNER: DATED 4-8-91 BY: P~ESI DENT DATEb 4-8-91 BY: VICE PRESIDENT . ~ 1641 ,- ) COUNTY OF IDS ANGELES ) SS STATE OF CALIFORNIA ) ON APRIL 8. 1991 BEFORE ME, THE UNDERSIGNED, A NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED Michap1 R. RirharcìRon (PERSONALLY, KNOWN TO ME) (PROVED TO ME ON THE BASIS OF SATISFACTORY EVI D'ENCE') TO~ BE THE '" PRE:SIDENT AND AmhrnRF> K Yl1 ",,- (PERSONALLY KNOWN TO ME) (PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE Expr, Vi,..", Pr.",s. ~ OF TORRANCE SAVINGS AND LOAN ASSOCIATION THE CORPORATION THAT EXECUTED THE WITHIN INSTRUMENT, (PERSONALLY KNOWN TO ME) (PROVED TO ME ON 1'HE BASIS OF SATISFACTORY EVIDENCE) 1'0 BE THE PERSONS WHO EXECUTED THE WITHIN INSTRUMENT ON BEHALF OF THE CORPORATION HEREIN NAMED, AND ACKNOWLEDGED TO ME THAT SUCH CORPORATION EXECUTED THE WITHIN INSTRUMENT PURSUANT TO ITS BY-LAWS OR A RESOLUTION OF ITS BOARD OF DIRECTORS. SEAL. OFFICIAL SEAL 8ETTY 1. O'DELL NorARY PUBLIC, eALIFORN. NOTARY 'N RE LOS ANG"ES CDUNN NAME: Betty J. O'Dell ",Comm" """"0"'3, 1'" PRINCIPAL PLACE OF BUSINESS: Torrance Ca, MY COMMISSION EXPIRES: "" 6-3-94" CITY OF ENCINITAS Dated "ð~(,,-ql By:LJ~.. ,4-\ ~~~ Warren H.; Sha"fer Ci ty Manager (Notarization not required) I " . . . 1642 ATTACHEMENT A .TO COVENAN1' REGARDING 'REAL PROPERTY PROJECT NO. PROPERTY DESCRIPTION LOT 25 AND A PORTION OF LOT 26 OF' HIDGEWAY HEIGH'rS, IN TilE COUNTY OF SANDIEGOr STATE OF CALIFORNIA, ACCORDING TO MAP ,THEREOF NO. 2163, FILED IN 1'HE OFFICE OF1'IIE COUNTY RECORDER OF SAID SAN DIEGO COUNTY JULY 3, 1929, AND AS SHOWN ON THE RECORD OF SURVEY OF SAID RIDGEWAY HEIGH1'S, FILED FOR THE PURPOSE OF CORRECTING ER~ORS IN THE ORIGINAL MAP, BEING RECORD OF SURVEY MAP. NO. 1193, FILED IN THE OFFICE OF THE RECORDER OF SAID SAN DIEGO COUNTY, SEPTEMBER 20, 1945, TOGETHER " WITH THA'f PORTION OF SUMMI'r AVENUE AS VACATED BY DOCUMENT RECORDED APRIL 15,1991 AS FILE/PAGE 91-0167385 , .- I . . . , I ,. ( . 1613 ATTACHMB;NT B TO COVENANT REGARDING REAt PROþERTY PROJECT NO. 1M 88-/&¡4- OWNER'S DUTIES AND OBLIGATIONS No protest shall be made by the owners to any proceedings for the installation or acquistion of storm drainage faciliti&s and/or improvements, under any special assessment proceedings, whether conducted pursuant to the Improvement Act of 1911" or, the Municipal Improvement Act: of 1913, or any other applicable state or l,oca 1 law, and whether processed by the County of. San Diego or any other governmental entity jurisdiction .in the matter and for the purposes 0'£ dete'rminin<:¡ property own~rs support for, Same. ,-- I 1 1622 .DC ~ 1991~O396224 .~~ .. . ,.. 07-AUG-1991 08019 AM - ". OFFICIAL RECORDS "- SAH DIEGO COUNTY RECORDER'S OFF!Ct ANNETTE E!JAHS, COUHTY RECORDER" 13. 00 -- RF: 7.00 FEES: AF: 5. oe MR: 1. 00 Recording Requested by: ) " " ",) Torrance Savings & Loan Assoc.) 22759 Hawthorne Boulevard ) Torrance, CA 90505 ) When Recorded Ma i 1 'ro: ) ) City Engineer ) City of Encinitas ) 527'.ncinitas Blvd. ) Encinltas, CA, 92021 ) SPACE ABOVE FOR RECORDER'S USE COVENAN'r REGARDING REAL PROPERTY (, Project No',: TM 88-194 Assessor's Parcel No'. 260"'-073'-01,04 A. TORRANCE SAVINGS AND LOAN ASSOCIATION, A CALIFORNIA' CORPORATION ("OWNER" hereinafter) is the owner of real property which is c,ommonly. kno.wn as 88-:-194 TM/MUP - 1301- 1321 Summit Avenue, Leucad i,a" CaHfQ;nÜa 9202.4 '-" C!'PROP.ERTY".- hereinàft"er} and,which is describèclas folìows:: , ' is attached hereto and made See Attachment A which a part hereof. B. In consideration of approya1 of88-l9~ TM/MUP by the, Ci ty. of Encinitas ("CITY" hereinafter), OWNER hereby covenants aï-ïd a'i!!=ees tor 'the benefi,t of- CI'l'Y"t.o"doth_e fo1;Lowi.ng:... See Attachment B which is at tached hereto-and made.a par,t ,hereof,. ..-- C, This Covenant shall run with the land and be binding upon: and inure ,to' ,the bene-fÚ of -the "futur'e"'- owners, encumbrancers, he irs:,: " . successors, personal. .;epresentatlves, transferees and assigns of the respective parties, . e, 1623 D. OWNER a,grees that OWNER's duties and obligations under this Covenant are a lien upon the PROPERTY, Upon notice and opportunity to respond, CITY may add to the property tax bill of the PROPERTY any past due financial obligation owing to CITY by way of this Covenant. E. If either party is required to incur costs to enforce, t~e pr~~lsións of this Covenant, the, pieYailin~ party sha'll be entitled to full reimbursement of all costs, including reasonable attorneys' fees, from the other party, F. Failure of OWNER to comply " with the terms of this .. Covenant shall constitute consent to the UHng by CITY of .it Notice of Violation of Covenant.' ',G" Ul?on OWNE~ '.s satisfacti,on" of "'-- OWNERS,ls, dut,ies ,'nd obligations contained herein, OWNER may request and City shall execute a Satisfaction of Covenant, H. Byaction of the City Council, CITY may assign to a pers,on m: persons im ?acted by the performance of this Covenant, the right to enforce this Covenant aga.inst OWNER., ACCEPrED AND" AGREED:' Dated 4-8-91 'rORHANCE SAVINGS AND LOAN ASSOCIA'I'ION, A ,CAL,IFORNIA ,cgRPORATIO AS OWNER: DATED 4-8-91 BY: PRESIDENT /' DATED 4-8-91 BY: VICE PRESID~ , '" . I .,," ,,2.4 ""-- 1 COUNTY OF LOS ANGELES ) SS STATE OF CALIFORNIA )" ON APRIL 8, 1991 BEFORE ME, THE UNDERSIGNED, A NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED Mié;IJ.<;iel " "" " " R Iii rh.'irn"nn (PERSONALLY KNOWN TO ME) (PROVED TO ME "ON THE BASIS"OF SATISFACTORY EVIDENCE) TO BE THE" PRESI"DENT AND Ambrose K, Yu "JJ?Ji:RSPNAt.LY KNOWN TO ME) (PROVED TO ME ON THE BAS¡S OF.8ATISFACTORY EVIDENCE) TO BE "Exec. Vice Pres.~ OF TORRANCE SAVINGS AND LOAN ASSOCIATION THE CORPORATION THAT EXECUTED THE '" WITHIN INSTRUMENT, (PERSONALL Y 'KNOWN TO ME) (PIWVED '1'0 ME ON ,THE' BAS I S OF SATISFACTORY EviDENCE) 'ro BE THE PERSONS WHO,'EXECU'rED, " THE WITHIN INSTRUMENT ON BEHALF OF THE CORPORATION HEREIN NAMED, AND ACKNOWLEDGED TO ME THAT SUCH CORPORATION, E~ECUTED THE,WITHIN INSTRUMENT PURSUANT 'rO'ITS BY-LAWS" OR-A RESOLUTION OF'ITS BOARD OF DIREC:rORS. SEAL. OFFICIAL SEAL" 8mYJ. O'DELl. , NOTARY pc""" CALI'OR"" , LOS ANGElES COUNN MyComm"',,;,,,'o",3,!'" NOTARY GN URE NAME: Betty J.O'Dell , P"RINCIPAL PLACE OF BUSINESS: Torrance, Ca. . "M¥ èOMMISSION EXPIRES: 6-3-94 CITY OF ENCINITAS Dated 'ß- (,,;-q I By: W~ +\~ Warren H, Shafer Cl ty, Manager. (Notarization not required) ,--. ,_.. ... ': \ . . 1625 .- ATTACHEMENT A TO COVENAN1' REGARDING REAL PROPERTY 'PROJECT NO. .. . '... PROPERTY DESCRIPTION LOT 25 AND A PORTIDN OF LOT 26 OF RIDGEWAX HEIßHTa, I~ THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO. 2163, FILED IN 1'1I¡;; OFFICE OF 1'IIE COUNTY RECORDER OF SAID SAN DIEGO COUNTY JULY 3, 1929, AND AS SHOWN. ON 'rHE RECÓRD OF SURVEY OF 'SAID' RIDGEWAY" HEIGWfS, PILED FOH 'rim PURPOS¡;; OF 'CORRECTING ERRORS IN 'THEORIGINAL MAP, BEING RECORD OF SURVEY MAP. NO....1l93, FILED IN THE OFFICE OF'rHE RECORDER OF SAID SANDIEGq COUNTY, SEP'l'.E.MBER 20, 1945. TOGETHER WITH THA'f POR1'ION OF SUMMI'r. AVENUE AS VACATED BY DOCUMENT RECORDED APRIL 15,1991 AS FILE/PAGE 91-0167385 I. --.. I ~ . . 1626 " "",. ATTACHMENT,S TO COVENANT REGARDING REAL PROPERTY PROJECT NO, 8 8 -19 4 'rM/MUP . ., OWNER'S DUTIES AND OBLIGATIONS THE OWNERS AGREE THAT NONE'OF THE LOTSi INCLUDING THE OPEN SPACE' LOT, WILL BE FURTHER SUBDIVIDED. .- --- " ~'-.~ . 1614 .DoC" 1991:-0396223 . . 07-AUG-1991 08: 19 AM ... Recording Requested By: ) - \ OFFICIAL RECORDS Torrance Sa nngs & Loan Asso), SAH OIEGO COUNTY RECORDER'S OFFICE ) AHHETTE EVAHS, COUNTY RECORDER When Recorded Mail To:) F:F: 10.00 FEES: 19.00 ) AF: 8.00 District Engineer ) MF: 1.00 Cardiff Sanitation District) 527 Encinitas Boulevard) Encinitas, CA 92024 ) ) SPACE ABOVE FOR RECORDER'S USE COVENANT REGARDING READ PROPERTY: PUBLIC IMPROVEMENTS REQUIRED AS CONDITION OF SUBDIVISION OF REAL PROPERTY. Assessor's Parcel Log. No.: No. 260-073-01, 04 Project No.: 88-194 ':£M ' W.O, No,: o.)h-J A. Torrance Savings & Loan Association ("'SUBDIVIDER II hereinafter) is the owner of real property described in Attachment A which is attached hereto and incorporated herein by this reference as though -fullv set forth at length, and which is co11U1\only known as TM 88-194 ("PROPERTY" hereinafter) . In consideration of the final approval of a subdivision of real property ("SUBDIVISION" hereinafter) by the city of Encinitas,SUBDIVIDER hereby"c6venants and agrees tor the benefit of the CARDIFF SANITATION DISTRICT ("DISTRICT" , hereinafter), to do the following: T~S% obligations set forth on Attachment B hereto, dated ! It / and initialed by SUBDIVIDER incorporated here h y this reference as though fully set forth at length, , B. This Covenant shall run-with the land and be binding upon and inure to the benefit of the future owners, encumbrances, successors, heirs, personal representatives, transferees and assigns of the respective parties, C. SUBDIVIDER agrees that SUBDIVIDER's duties and obligations under this Covenánt are a lien upon the PROPERTY. Upon notice and opportunity to respond, the DISTRICT may add to the tax bill for the PROPERTY any past due financial obligation owing to DISTRICT by way of this Covenant. D, If either party is required to incur costs to enforce the provisions of this Covenant, the prevailing party shall be entitled to full reimbursement of all costs, including reasonable ~ttorneys' fees, from the other party, TF/O3/PW1-101WP (1-19-89-2) ~1- '. 4Þ 1615- E, Upon the satisfactory completion of the obligations imposed upon SUBDIVIDER by this Covenant, the SUBDIVIDER may apply for, and upon the application of and DISTRICT will then execute, a satisfaction of lien and release, ret\1rn and endorse to SUBDIVIDER security provided herein" At the option of the DISTRICT, a partial satisfaction of lien can be executed so long as there remains property of sufficient value to secure 150% of the cost of the obligations remaining to be performed by SUBDIVIDER, 1. PROGRESS OF WORK 1,1 SUBDIVIDER. shall furnish .toDistrict good and sufficient security in the form of cash d'eposit, a letter of ci::'editor other security as approved by the District Engineer in the amount of 150% of the estimated costs of impJ;'ovements, .to assure. faithful performance of this Covenant in regards to said improvements, 1,2 Any changes, alterations or additions to the ~mp+ovement plans and specifications or to the improvements, not exceeding 10% of the original estimated cost. of the improvements, which, a+e mutually agreed upon by DISTRICT and SUBDIVIDER, shall not +elieve the improvement security given for faithful performance of the improvements. In the event such changes, alte+ations or additions exceed 10% of the original estimated costs of the imp+ovements, SUBDIVIDER shall provide additional security in a form satisfact,ory to the DISTRICT in an amount equal, to 100% of the total'estimated cost of the improvements, as changed, altered or amended 1 this amount may be adjusted by the amount of work completed and any partial releases already made, 1,3 If any of the public improvements are to be constructed or installed on land not owned by SUBDIVIDER, no construction or installation shall be commenced prior to the dedication, acquisition and, acceptance by DISTRICT of approp+iate prope+ty inte+ests. 1.4 SUBDIVIDER shall, 'at SUBDIVIDER I S expense, obtain all necessary permits and licenses for the-construction of the improvements and give all necessary notices and PaYall.fees and taxes required by law, . 1,5 SUBDIVIDER shall notifY the District Engineer in writing at least 15 days prior to the commencement. of work hereunder. No construction work shall begin until authorizeci. ,by the DISTRICT. 2. INSPECTION/ACCEPTANCE OF IMPROVEMENTS 2.1 The District Engineer or his duly autho+ized representative, upon request of sunDIVIDER¡ shall. inspect, at SUBDIVIDER's expense, the improvements herein agreed to be TF/03/PW1-101WP (1-19-89-2) -2- .' . 16' constructed and installed by SUBDIVIDER,and if determined to be in accordance with applicable DISTRICT standards and the other terms of this Covenant, shall recommend the acceptance of such improvements by District through resolution of the Board of Directors of DJ;STRICT. SUBDIVIDER shall at all times maintain proper facilities, and provide safe 'access for inspection by DISTRICT, to all parts of the work, and to the shops wherein the work is in preparation. 2.2 Until such time as all improvements required by this Covenant are fully completed and accepted by DISTRICT, SUBDIVIDER' will be responsible for the care, maintenance of and any damage to such improvements. SUBDIVIDER shall give good and adequate warning to the traveling public ,to each and every danger existing in said improvements ,and shall pr,otect the traveling public froJU such defective or dangerous conditions, The SUBDIVIDER he~eby agrees to pay for such inspection of such improvements as may be required by the District Engineer, Acceptance of theimproyements by DISTRICT upon the recommendation of the District Engineer, shall not constitute a waiver, ,of improvement defects by DISTRICT, 3. GUARANTEE/WARRANTY 3.1 SUBDIVIDER hereby guarantees and warrants the work done pursuant to this Covenant for a period afone year after final acceptance of said work against any defective design work or labor done or defective materials furnished, If within s'aid period, , any structure or part of any structure furnished and/or installed or constructed, or caused to be installed or constructed by SUBDIVIDER, or any of the work done under this Covenant, fails to fulfill any of the requirements of this Covenant'or the plans and specifications referred to herein, SUBDIVIDER shall without, delay and without any cost to DISTRICT, repair, replace or reconstruct any defective or otherwise unsatisfactory part or parts of the work or structure, Should SUBDIVIDER fail to act promptly or in accordance with this requirement, SUBDIVIDER hereby authorizes DISTRICT, at DI'STRICT's option, to perform the work twenty (20) days after mailing written notice of default to SUBDIVIDER, SUBDIVIDER agrees to pay for all cost¡¡, of such work by DJ¡STRICT, Should the exigencies of the case require repairs" or replacements ,to be done before SUBDIVIDER can be notified, DISTRICT may, at its option, make the necessary repairs or replacement or perform the necessary work and SUBDIVIDER shall pay to DISTRICT the actual cost of such repairs, 3,2 SUBDIVIDER shall furnish t9 DISTRICT good and sufficient security, in the form of cash deposit, letter of c~edit or other security as appr~ve~ by the District Engineer to 'DISTRICT, in the amount of 25% of the estimated total cost of the improvements, to secure SUBDIVIDER's guarantee and warranty for a period of one year following the acceptance by DISTRICT against TF/O3/PW1-1O1WP (1-19-89-2) -3- . 1617. 'any defective design work or labor done or defective materials furnished. 4. GENERAL PROVISIONS 4.1 In the event that SUBDIVIDER fails to perform any obligation hereunder, SUBDIVIDER hereby authorizes DISTRICT to perform such obligations twenty (20) days after DISTRICT mails written notice of default to SUBDIVIDER and SUBDIVIDER fails to cure such default. SUBDIVIDER agrees to pay the entire cost of such performance by DISTRICT. The sums provided for improvement security may be used by DISTRICT for the completion of such work, but shall not limit SUBDIVIDE~'s liability, 4,2 DISTRICT may take over the work and prosecute the same to completion, by contract or by any other method DISTRICT ,may deem advisable, for, the account and at the expense of SUBDIVIDER, and SUBDIVIDER shall .be liable to DISTRICT for any excess costs or damages occasioned DISTRICT thereby, Without liability fOr so doing, DISTRICT may take possession of the improvements and utilize in completing the work such materials, appliances, plants and other property belonging to SUBDIVIDER as may be' on .the, site of the work, and necessary therefore, "'" 4 . 3 Nei ther SUBDIVIDER nor any of SUBDIVIDER I S agents or contracts are or. shall be considered to be agents of DISTRICT in connection with the performance or SUBDIVIDER's obligations under this Covenant. 4,4 DISTRICT or any officer or employee thereof shall not be liable for any injury to persons or property ,occasioned by reason of the acts or omissions'of SUBDIVIDER, its agents or employees in the performance of this Covenant, SUBDIVIDER further agrees to protect and hold 'harmless DISTRICT and District's officials and employees from any and all claims, demands, causes, of action, liability or loss of any sort because of, or arising out of acts or omissions of SUBDIVIDER, its agents or employees in the performance of this Covenan~, including all claims, demands, causes of action, liability, or loss because or, or arising out of, in whole or in part, the design or construction of the improvements; provided, however" that the approved improvement security shall not be required to coverthe,pr~Yisions of this paragraph. Said indemnification and agreement to hold harmless shall extend to injuries to persons and damages or taking of property resUlting from the design or construction of said SUBDIVISION and the public improvements as provided herein, to adjacent property owners as a consequence of the diversion of waters from the design, construction or maintenance of the improvements, Acceptance by DISTRICT of the improvements shall, not constitute an assumption by DI$TRICTofanyresponsibility for any damage or taking covered by this paragraph, DISTRICT shall not be responsible for the design or construction Of the TF/O3/PW1-101WP (1-19-89-2) -4- . 161. subdivision or the improvements pursuant to the approved improvement plans regardless of any action taken by DIS~RIC~ on approval of the plans unless the defect in des~gn is a result of a change required by District to the plans proposed by-, the SUBDIVIDER' when such change is objected to, in writing', - by SUBDIVIDER, filed with the District -Engineer prior to the commencement of work. The SUBDIVIDER shall remain obligateà to eliminate any defect in design or dangerous condition caused by the design, other than routine maintenance, or damage to the improvements by an act of God for the time period specifieà in this Covenant. provisions of this paragraph shall remain in full force and effect for ten years following the acceptance by DISTRICT of the improvements. 4.5 DISTRICT shall not, nor shall- any officer or employee thereof, be -liable or responsible for any accident,' loss or damage happening or occurring to the work or improvements specified in this Covenant prior to the completion and acceptance of same, nor shall DISTRICT, nor any officer or employee thereof, be liable for any persons or property injured by reason of said work or improvements, but an _of - said liabilities shall be assWDed by SUBDIVIDER, except such liability that arises out of the sole negligence or intentional act of DISTRICT, 4.6 Sale or other disposition of the property will not relieve SUBDIVIDER from the obligations set forth herein, 4.7 Time is of the essence of this Covenant. SUBDIVIDER shall commence substantial. construction of the improvements required by this Covenant not later than nine months prior to the time for completion, Provided that in the event gòod cause exists as determined by the District Engineer, the time for commencement of construction or completion of the improvements hereunder may be extended, Any such _extension may be granted without notice to SUBDIVIDER I S Surety and shall in no way affect the validity of this COVenant or rel~ase the Surety or Sureties on any security given for the faithful performance of this Covenant, The District Engineer shall be the sole and final judge as to whether or not good cause has been shown to entitle SUBDIVIDER-to an-extension, As a condition of such extensions, the District Engineer may require SUBDIVIDER to furnish new security guaranteeing performanoe of this Covenant, as extended, in an increased amount as necèssary to compensate for any increase in construction costs as determined by the city Engineer, 4,8 .Failure of SUBDIVIDER to comply with the terms of this Covenant shall constitute consent to the filing by DISTRICT of a Notice of Violation of Covenant. . TF/O3/PW1-1O1WP (1-19-89-2) -5- " . 161 DATED 4-R-q1 & LOAN PRESIDENT DATED 4-8-91 VICE PRESIDENT STATE OF CALIFORNIA ) COUNTY OF IDS ANGELES ) SS ON APRIL 8. 1991 BEFORE ME, THE UNDERSIGNED, A NOTARY PUBLIC IN AND FOR SAID STATE, PERSONALLY APPEARED MIKE RICHARDSON (PERSONALLY KNOWN TO ME) (PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE THE PRESIDENT AND AMBROSE YU (PERSONALf,Y KNOWN '1'0 ME) (PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE THE VICE PRESIDENT OF TORRANCE SAVINGS AND LOAN ASSOCIATION THE CORPORATION THAT EXECUTED THE WITHIN INSTRUMENT, (PERSONALLY KNOWN TO ME) (PROVED TO ME ON THE BASIS OF SATISFACTORY EVIDENCE) TO BE THE PERSONS WHO EXECUTED THE WITHIN INSTRUMENT ON BEHALF OF THE CORPORATION HEREIN NAMED, AND ACKNOWLEDGED TO ME THAT SUCH CORPORATION EXECUTED THE WITHIN INSTRUMENT PURSUANT TO ITS BY-LAWS OR A RESOI,UTION OF ITS BOARD OF DIRECTORS. SEAL. OFFICIAL SEAL BETTY 1 Q'DH! NOT,"" 'UBUC ' CAUfORN. NOTARY TURE 'ü,^NGrLES COUNN '~é"'m"""'J",'3,1994 NAME: Betty J. O'Dell PRINCIPAL PLACE OF BUSINESS: Torrance, Ca. MY COMMISSION EXPIRES: 6-3-94 (f~ . '- " '- ',' . . 1620 ATTACHEMENTA TO COVEN Am' REGARDI!'JG, REAL, PROPERTY ,PROJECT NO. "'" PRopËRíry DESCRÏPÙÒN LOT 25 AND A PORTION OF Lo'r 26 OF' IUDG¡;;Wi'lXIIElç¡¡'J~rs, I~, THE' COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO. 2163-,- FILED !N '~'IIE OFFICE' OF ~'IIE COUNTY RECORDER 'OF SAID SAN DIE'GO COUNTY JULY 3, 1929, AND AS SHOWN ON 'rflE RECÓRDOF SURVE;i OF "SAI D' ¡UDGEWl\:'Y-- 'I-IIn-CHl'j'S, ["I'I,ED FOH'rlll~. PURPOSE OF 'COHRECTING ERRORS IN 'THE"ORIGINAL MAP, BEING RECORD OF SURVEY MAP, NO..--1l9,3, FILED'IN THE OFFICE OF '¡'liE RECORDER OF SAI D SAW DtEGq- COUNTY, ,SEPT,EMBER 20, 1945" -TOGETHER. WITH THA'l' POH~'ION OF SUMMI'r" AVENUE AS VACATED BY DOCUMENT RECORDED APRIL 15, 1991 - AS F ILE/P AGE 91-0167385 "', m " , ' -, , . 16. . " ATTACHMENT.. B to COVEHlillT RE'GARDING REA¡' PROPER'I"i I PUBLIC ¡HPROVE!1EIITS REQUIRED AS CONDITION OP' SUBDIVISION ,OF REAL,PROPER~Y Date: t., -1<-(- 1/ Name of subdiv id0.r: Torrance Savings and Loan Association Tract c¡r Pargel Hap Nwnber: TM 88-1:94 Name of Subdivision: TM 88-194 Resolution of Approval Number,: PC 90-23 Adopted: '-j-j 7-<;0 Estimated total cost of improvemen~s: 27.405;35 A. Condition. Set Forth in Granting ot's~bdivisi~ri¡ .. .. RESOLUTION NO. P.C. 90-'23 ITEM NO. 7A B. Improvements Re~.. SUBDIVIDER agrees at SUBDIVIDER I S own cost and expense to furnish all the labor, equ~pment and Inaterials to, pEirform and oomplete, no later than :::J'VN£:. II. /'1q,J, in aooord- with the plans and specifications -and, to the satisfaction and approval of the Distriot Engineer, all of the public improvamants' ra:ferred to bel~w: " " 1. 'Improvement "pla:n~ for' TM, 88.,.194 I' ,.heats ~,throuqh ~ as 'approved on $/~/ql by' the. Distriot Engineer together with any subsequen~ ~endm8nts &lp~rov.d Þy the Distriot Engineer, 'l'P'/O3/PW1-101WP (1-19-89-2) -8:-