HomeMy WebLinkAboutDeed of Trust and Security Agreement (2) W/V lWn''J 1W\( ia SA, 1 Lad Y a •
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• Marry NATIONAL IfitE JULIE RO C ' D MEL
San Luis Obispo spo CDIy— ClerklRecorder 11/1/
22/2006
Recorded at the request of 3:02 PM
Fidelity Title Company
Complimentary Recording Requested
Pursuant To Government Code D oc # : 2006083466 Titles: 3 Pages: 9
Sections 6103 And 27383
Taxes
0.00
When Recorded Mail To: 1111 111111 11111111111111111 Others 0.00
City of Arroyo Grande PAID 50.00
P. O. Box 550
Arroyo Grande, CA 93421
Attn: City Clerk
DEED OF TRUST
** wife and husband as co unii t y D p r ope r t yT it R i g p
urt is of survivorship (--t't2' Z2
THIS DEED OF TRUST AND SECURITY AGREEMENT ( "Deed of Trust ") made this
17 day of November, 2006, among the Trustor, Darcy L. Ryan and Christopher G. Ryan **
( "Owners "), whose address is 468 Bakeman Lane, Arroyo Grande, and City of Arroyo Grande
( "Trustee "), and the City of Arroyo Grande, a municipal (the "City ") as Beneficiary.
The Owner, in consideration of the promises herein recited and the trust herein created,
irrevocably grants, transfers, conveys and assigns to Trustee, in trust, with power of sale, the
property located in the City of Arroyo Grande, San Luis Obispo County, State of California,
described in the attached Exhibit A and more commonly known as Parkside Village LLC.
TOGETHER with all the improvements now or hereafter erected on the property,
and all easements, rights, appurtenances, and all fixtures now or hereafter attached to the property,
all of which, including replacements and additions thereto, shall be deemed to be and remain a part
of the property covered by this Deed of Trust; and
TOGETHER with all articles of personal property or fixtures now or hereafter attached to
or used in and about the building or buildings now erected or hereafter to be erected on the
Property which are necessary to the complete and comfortable use and occupancy of such building
or buildings for the purposes for which they were or are to be erected, including all other goods
and chattels and personal property as are ever used or furnished in operating a building, or the
activities conducted therein, similar to the one herein described and referred to, and all renewals or
replacements thereof or articles in substitution therefore, whether or not the same are, or shall be
attached to said building or buildings in any manner; and all of the foregoing, together with the
Property, is herein referred to as the "Security ";
To have and to hold the Security together with a acquittances to the Trustee, its successors
and assigns forever;
TO SECURE to the City the performance of the covenants and agreements of Owner
contained in that certain Buyer's Occupancy and Resale Agreement with Option to Purchase
executed by and between the Owner and the City of even date herewith (the "Resale Agreement ")
and to secure the payment of Excess Sales Proceeds (as defined in the Resale Agreement) that may
become due by Owner to City.
TO SECURE the payment of all other sums, with interest thereon, advanced in accordance
herewith to protect the security of this Deed of Trust; and the performance of the covenants and
agreements of Owner herein contained.
OWNER AND CITY COVENANT AND AGREE AS FOLLOWS:
1. Owner's Estate. That Owner is lawfully seized of the estate hereby conveyed and has the
right to grant and convey the Security, that other than this Deed of Trust, the Security is
encumbered only by: (a) that deed of trust executed by Owner in connection with a loan made to
Owner by Touchstone Home Mortgage (the "First Lender "), and N/A (second Lender "), securing a
promissory note executed by Owner in favor of the First Lender ( "First Lender Note ") and Second
Lender, Wells Fargo Bank ( "Second Lender Note "), to assist in the purchase of the Property and
(b) the Resale Agreement. Owner agrees to warrant and defend generally the title to the Security
against all claims and demands, subject to any declarations, easements or restrictions listed in a
schedule of exceptions to coverage in any title insurance policy insuring the City's interest in the
Security. (As used in this Deed of Trust, the term "First Lender" shall include all successors and
assigns of the First Lender and the term "Second Lender" shall include all successors and assigns
of the Second Lender).
2. Payment of Excess Sales Proceeds. Owner will promptly pay to the City, when and if due
pursuant to the Resale Agreement, the Excess Sales Proceeds (as defined in the Resale
Agreement).
3. Resale Agreement. Owner will observe and perform all of the covenants and agreements
of the Resale Agreement.
4. Charges; Liens. Owner will pay all taxes, assessments and other charges, fines and
impositions attributable to the Security which may attain a priority over this Deed of Trust, by
Owner making any payment, when due, directly to the payee thereof. Upon request by the City,
Owner will promptly furnish to the City all notices of amounts due under this paragraph. In the
event Owner makes payment directly, Owner will promptly discharge any lien which has priority
over this Deed of Trust; provided, that Owner will not be required to discharge the lien of the Deed
of Trust securing the First or Second Lender Note (the "First Lender Deed of Trust" or "Second
Lender Deed of Trust ") or any other lien described in this paragraph so long as Owner will agree
in writing to the payment of the obligation secured by such lien in a manner acceptable to the City,
or will, in good faith, contest such lien by, or defend enforcement of such lien in, legal proceedings
which operate to prevent the enforcement of the lien or forfeiture of the Security or any part
thereof.
5. Hazard Insurance. Owner will keep the Security insured by a standard all risk property
insurance policy equal to the replacement value of the Security (adjusted every five (5) years by
appraisal, if requested by the City). If the Security is located in a flood plain, Owner shall also
flood insurance. The insurance carrier providing this insurance shall be licensed to do business in
the State of California and be chosen by Owner subject to approval by the City.
All insurance policies and renewals thereof will be in a form acceptable to the City and will
include a standard mortgagee clause with standard lender's endorsement in favor of the holder of
the First and Second Lender Note and the City as their interests may appear and in a form
acceptable to the City. The City shall have the right to hold, or cause its designated agent to hold,
the policies and renewals thereof, and Owner shall promptly furnish to the City, or its designated
agent, the original insurance policies or certificates of insurance, all renewal notices and all
receipts of paid premiums. In the event of loss, Owner will give prompt notice to the insurance
carrier and the City or its designated agent. The City, or its designated agent, may make proof of
loss if not made promptly by Owner. The City shall receive thirty (30) days advance notice of
cancellation of any insurance policies required under this section.
Unless the City and Owner otherwise agree in writing, insurance proceeds, subject to the
rights of the First Lender, will be applied to restoration or repair of the Security damaged, provided
such restoration or repair is economically feasible and the security of this Deed of Trust is not
thereby impaired. If such restoration or repair is not economically feasible or if the security of this
Deed of Trust would be impaired, the insurance proceeds will be used to repay any amounts due
under the Resale Agreement, with the excess, if any, paid to Owner. If the Security is abandoned
by Owner, or if Owner fails to respond to the City, or its designated agent, within thirty (30) days
from the date notice is mailed by either of them to Owner that the insurance carrier offers to settle
a claim for insurance benefits, the City, or its designated agent, is authorized to collect and apply
the insurance proceeds at the City's option either to restoration or repair of the Security or to pay
amounts due under the Resale Agreement.
If the Security is acquired by the City, all right, title and interest of Owner in and to any
insurance policy and in and to the proceeds thereof resulting from damage to the Security prior to
the sale or acquisition will pass to the City to the extent of the sums secured by this Deed of Trust
immediate prior to such sale or acquisition, subject to the rights of the First Lender.
6. Preservation and Maintenance of Security. Owner will keep the Security in good repair
and in a neat, clean, and orderly condition and will not commit waste or permit impairment or
deterioration of the Security. If there arises a condition in contravention of this Section 5, and if
the Owner has not cured such condition within thirty (30) days after receiving a City notice of such
a condition, then in addition to any other rights available to the City, the City shall have the right
(but not the obligation) to perform all acts necessary to cure such condition, and to establish or
enforce a lien or other encumbrance against the Security to recover its cost of curing.
7. Protection of the City's Security. If Owner fails to perform the covenants and agreements
contained in this Deed of Trust or if any action or proceeding is commenced which materially
affects the City's interest in the Security, including, but not limited to, default under the First
Lender Deed of Trust, eminent domain, insolvency, code enforcement, or arrangements or
proceedings involving a bankrupt or decedent, then the City, at the City's option, upon notice to
Owner, may make such appearances, disburse such sums and take such action as it determines
necessary to protect the City's interest, including but not limited to, disbursement of reasonable
attorney's fees and entry upon the Security to make repairs.
Any amounts disbursed by the City pursuant to this paragraph, with interest thereon, will
become an indebtedness of Owner secured by this Deed of Trust. Unless Owner and City agree to
other terms of payment, such amount will be payable upon notice from the City to Owner
requesting payment thereof, and will bear interest from the date of disbursement at the lesser of (i)
ten percent (10 %); or (ii) the highest rate permissible under applicable law. Nothing contained in
this paragraph will require the City to incur any expense or take any action hereunder.
8. Inspection. The City may make or cause to be made reasonable entries upon and
inspections of the Security; provided that the City will give Owner reasonable notice of inspection.
9. Forbearance by the City Not a Waiver. Any forbearance by the City in exercising any right
or remedy will not be a waiver of the exercise of any such right or remedy. The procurement of
insurance or the payment of taxes or other liens or charges by the City will not be a waiver of the
City's right to require payment of any amounts secured by this Deed of Trust.
10. Remedies Cumulative. All remedies provided in this Deed of Trust are distinct and
cumulative to any other right or remedy under this Deed of Trust or any other document, or
afforded by law or equity, and may be exercised concurrently, independently or successively.
11. Successors and Assigns Bound. The covenants and agreements herein contained shall
bind, and the rights hereunder shall inure to, the respective successors and assigns of the City and
Owner subject to the provisions of this Deed of Trust.
12. Joint and Several Liability. All covenants and agreements of Owner shall be joint and
several.
13. Notice. Except for any notice required under applicable law to be given in another manner,
(a) any notice to Owner provided for in this Deed of Trust will be given by certified mail,
addressed to Owner at the address shown in the first paragraph of this Deed of Trust or such other
address as Owner may designate by notice to the City as provided herein, and (b) any notice to the
City will be given by express delivery, return receipt requested, to the City of Arroyo Grande at
P.O. Box 550, Arroyo Grande, California, 93421, Attention: City Manager, or to such other
address as the City may designate by notice to Owner as provided above. Notice shall be effective
as of the date received by City as shown on the return receipt.
14. Governing Law. This Deed of Trust shall be governed by the laws of the State of
California.
15. Severability. In the event that any provision or clause of this Deed of Trust or the Resale
Agreement conflicts with applicable law, such conflict will not affect other provisions of this Deed
of Trust or the Resale Agreement which can be given effect without the conflicting provision, and
to this end the provisions of the Deed of Trust and the Resale Agreement are declared to be
severable.
16. Captions. The captions and headings in this Deed of Trust are for convenience only and
are not to be used to interpret or define the provisions hereof.
17. Nondiscrimination. The Owner covenants by and for itself and its successors and assigns
that there shall be no discrimination against or segregation of a person or of a group of persons on
account of race, color, religion, creed, age, disability, sex, sexual orientation, marital status,
ancestry or national origin in the sale, transfer, use, occupancy, tenure or enjoyment of the
Property, nor shall the Owner or any person claiming under or through the Owner establish or
permit any such practice or practices of discrimination or segregation with reference to the use,
occupancy, or transfer of the Home. The foregoing covenant shall run with the land.
18. Nonliability for Negligence, Loss, or Damage. Owner acknowledges, understands and
agrees that the relationship between Owner and City is solely that of an owner and an
administrator of a City density bonus program, and that City neither undertakes nor assumes any
responsibility for or duty to Owner to select, review, inspect, supervise, pass judgment on, or
inform Owner of the quality, adequacy or suitability of the Security or any other matter. City owes
no duty of care to protect Owner against negligent, faulty, inadequate or defective building or
construction or any condition of the Security and Owner agrees that neither Owner, or Owner's
heirs, successors or assigns shall ever claim, have or assert any right or action against City for any
loss, damage or other matter arising out of or resulting from any condition of the Security and will
hold City harmless from any liability, loss or damage for these things.
19. Indemnity. Owner agrees to defend, indemnify, and hold City and Agency harmless from
all losses, damages, liabilities, claims, actions, judgments, costs, and reasonable attorneys fees that
City and Agency may incur as a direct or indirect consequence of:
A. Owner's failure to perform any obligations as and when required by the Resale
Agreement and this Deed of Trust; or
B. the failure at any time of any of Owner's representations or warranties to be true and
correct.
20. Acceleration; Remedies. Upon Owner's breach of any covenant or agreement of Owner in
this Deed of Trust, including, but not limited to, the covenants to pay, when due, any sums secured
by this Deed of Trust, the City, prior to acceleration, will mail by express delivery, return receipt
requested notice to Owner specifying; (1) the breach; (2) the action required to cure such breach;
(3) a date, not less than thirty (30) days from the date the notice is received by Owner as shown on
the return receipt, by which such breach is to be cured; and (4) that failure to cure such breach on
or before the date specified in the notice may result in acceleration of the sums secured by this
Deed of Trust and sale of the Security. The notice will also inform Owner of Owner's right to
reinstate after acceleration and the right to bring a court action to assert the nonexistence of default
or any other defense of Owner to acceleration and sale. If the breach is not cured on or before the
date specified in the notice, the City, at the City's option, may: (a) declare all of the sums secured
by this Deed of Trust to be immediately due and payable without further demand and may invoke
the power of sale and any other remedies permitted by California law. (b) either in person or by
agent, with or without bringing any action or proceeding, or by a receiver appointed by a court,
and without regard to the adequacy of its security, enter upon the Security and take possession
thereof (or any part thereof) and of any of the Security, in its own name or in the name of Trustee,
and do any acts which it deems necessary or desirable to preserve the value or marketability of the
Property, or part thereof or interest therein, increase the income there from or protect the security
thereof. The entering upon and taking possession of the Security shall not cure or waive any
breach hereunder or invalidate any act done in response to such breach and, notwithstanding the
continuance in possession of the Security, the City shall be entitled to exercise every right
provided for in this Deed of Trust, or by law upon occurrence of any uncured breach, including the
right to exercise the power of sale; (c) commence an action to foreclose this Deed of Trust as a
mortgage, appoint a receiver, or specifically enforce any of the covenants hereof; (d) deliver to
Trustee a written declaration of default and demand for sale, pursuant to the provisions for notice
of sale found at California Civil Code Sections 2924, et seq., as amended from time to time; or (e)
exercise all other rights and remedies provided herein, in the instruments by which the Owner
acquires title to any Security, or in any other document or agreement now or hereafter evidencing,
creating or securing all or any portion of the obligations secured hereby, or provided by law.
The City shall be entitled to collect all reasonable costs and expenses incurred in pursuing
the remedies provided in this paragraph, including, but not limited to, reasonable attorney's fees.
21. Owner's Right to Reinstate. Notwithstanding the City's acceleration of the sums secured by
this Deed of Trust, Owner will have the right to have any proceedings begun by the City to enforce
this Deed of Trust discontinued at any time prior to five (5) days before sale of the Security
pursuant to the power of sale contained in this Deed of Trust or at any time prior to entry of a
judgment enforcing this Deed of Trust if: (a) Owner pays City all sums which would be then due
under this Deed of Trust and no acceleration under this Deed of Trust or the Resale Agreement has
occurred; (b) Owner cures all breaches of any other covenants or agreements of Owner contained
in the Resale Agreement or this Deed of Trust; (c) Owner pays all reasonable expenses incurred by
City and Trustee in enforcing the covenants and agreements of Owner contained in the Resale
Agreement or this Deed of Trust, and in enforcing the City's and Trustee's remedies, including, but
not limited to, reasonable attorney's fees; and (d) Owner takes such action as City may reasonably
require to assure that the lien of this Deed of Trust, City's interest in the Security and Owner's
obligation to pay the sums secured by this Deed of Trust shall continue unimpaired. Upon such
payment and cure by Owner, this Deed of Trust and the obligations secured hereby will remain in
full force and effect as if no acceleration had occurred.
22. Due on Transfer of the Property. Upon a Transfer (as defined in the Resale Agreement) of
the Property or any interest in it, the City shall require immediate payment in full of all sums
secured by this Deed of Trust.
23. Reconveyance. Upon payment of all sums secured by this Deed of Trust, the City will
request Trustee to reconvey the Security and will surrender this Deed of Trust and the Resale
Agreement to Trustee. Trustee will reconvey the Security without warranty and without charge to
the person or persons legally entitled thereto. Such person or persons will pay all costs of
recordation, if any.
24. Substitute Trustee. The City, at the City's option, may from time to time remove Trustee
and appoint a successor trustee to any Trustee appointed hereunder. The successor trustee will
succeed to all the title, power and duties conferred upon the Trustee herein and by applicable law.
25. Superiority of First Lender Documents. Notwithstanding any provision herein, this Deed
of Trust shall not diminish or affect the rights of the First Lender under the First Lender Deed of
Trust or any subsequent First Lender deeds of trust hereafter recorded against the Security in
compliance with the requirements of Section 24 of the Resale Agreement. City agrees to promptly
upon request execute and deliver any documents reasonably requested to subordinate this Deed of
Trust to any subsequent First Lender Deed of Trust permitted by Section 24 of the Resale
Agreement.
Notwithstanding any other provision hereof, the provisions of this Deed of Trust shall be
subordinate to the lien of the First Lender Deed of Trust and shall not impair the rights of the First
Lender, or such lender's assignee or successor in interest, to exercise its remedies under the First
Lender Deed of Trust in the event of default under the First Lender Deed of Trust by the Owner.
Such remedies under the First Lender Deed of Trust include the right of foreclosure or acceptance
of a deed or assignment in lieu of foreclosure. After such foreclosure or acceptance of a deed in
lieu of foreclosure, this Deed of Trust shall be forever terminated and shall have no further effect
as to the Property or any transferee thereafter; provided, however, if the holder of such First
Lender Deed of Trust acquired title to the Property pursuant to a deed or assignment in lieu of
foreclosure, this Deed of Trust shall automatically terminate upon such acquisition of title by First
Lender, provided that (i) the City has been given written notice of default under such First Lender
Deed of Trust with a sixty (60) -day cure period and (ii) the City shall not have cured or
commenced to cure the default within such sixty (60) -day period or commenced to cure and given
its firm commitment to complete the cure in form and substance acceptable to the First Lender; or
(iii) the City shall not have exercised its option to purchase the Property pursuant to Section 17 of
the Resale Agreement and then proceeded diligently to cure the default within such sixty (60) -day
period.
26. Request for Notice. Owner requests that copies of the notice of default and notice of sale
be sent to Owner at the address set forth in Section 13 above.
1N WITNESS WHEREOF, Owner has executed this Deed of Trust as of the date first
written above.
CITY: OWNER(S):
6 -r
topher G i ' an
By: �.'�l'.. C
•
IT ANAGER Darcy L. hp an
STATE OF CALIFORNIA )
) ss
COUNTY OF SAN LUIS OBISPO )
On I■OVEJn6L2 AD , 2006, before me, KC2 GDE7rnogC, No7f}cy tog &c lc ,
personally appeared S TjVEt✓ A'o vru , personally known
to me (. • • • • • • • • • • ) to be the person(s) whose name(s)
is /are subscribed to the within instrument and acknowledged to me that he /ske,they executed the
same in his/heritheip authorized capacity(ies), and that by his/beet-their signature(e) on the
instrument the person(e) or the entity upon behalf of which the persons) acted, executed the
instrument.
WITNESS my hand and official seal. -
Kr •
/ 1831.9 WETMORE
- .' r ComnWsbn 018/9739
-st rio wr Obispo County
My Coma RS 3.
STATE OF CALIFORNIA )
ss
COUNTY OF SAN LUIS OBISPO )
On AN - 21 , 2006, before me, kr; I h • l el i1 pe appeared
Chr' yr :fi5 414 r,.,, [3cru / 1. RI./ e ve. , p (or proved to
me on the basis oftatisfactory evidende) to bee person(s) whose name(s) istar� Subscribed to
the wi instrument and acknowledged to me that he /she€i 7) execute the same in
his/her hei authorized capacity(ies), and that by his/her/ rei signature(s) on the instrument the
person(s) or the entity upon behalf of which the person(s) acted, executed the instrument.
WITNESS my hand and official seal.
APRIL a cower
_ M81�
I1 2` T /
Escrow No.: 06- 312000 -SK
Locate No.: CAENT0940- 0940-0035- 0000312000
Title No.: 06- 312000-LM
EXHIBIT "A"
THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE CITY OF ARROYO GRANDE, COUNTY OF SAN LUIS
OBISPO, STATE OF CALIFORNIA AND IS DESCRIBED AS FOLLOWS:
Lot 16 of Tract No. 2310 -2, in the City of Arroyo Grande, County of San Luis Obispo, State of California, according to the
map recorded May 23, 2006 in Book 28, Page 45 of Maps, in the office of the County Recorder of said County.
END OF DOCUMENT
orb F National Title Company
300 James Way, Suite 120, Pismo Beach, CA 93449
805 773 -7499 • FAX 805 7737489
ATTN: City Clerk DATE: November 22, 2006
City of Arroy Grande ESCROW NO.: 06- 312000 -SK
P.O. Box 550 LOCATE NO.: CAFNT0940 -0940- 0035- 0000312000
Arroyo Grande, CA 93420 TITLE NO.: 06- 312000 -LM
PROPERTY ADDRESS:
468 Bakeman Lane, Arroyo Grande, CA 93420
Enclosed:
Copies of executed docs
Copy of Evidence of insurance
Sincerely,
, / Stephanie Schaefer / Kim MacDonald
Branch Manager
805 773 -7499
KC
enclosure(s)
i
` blank Letter (letter)(06-06)
t ?lv 22 2006 9:02AM Stele Hogge Agency 8054813287 p.3
■/
PO BOX 45126 POLICY NUMBER
SIFIDELITY JACKSONVILLE FL 32232 -5126 NMI 48984
NATIONAL INSURANCE COMPANY 1- 800 - 849 -6140
HOMEOWNERS 3 SPECIAL FORM
COVERAGE C1ialt ID 000000598578
DECLARATION
VESTING INFORMATION: EFFECTIVE DATE 11121/2006
DARCY L RYAN AND CHRISTOPHER 0 RYAN, W FE AND HUSBAND AS COMMUNITY EXPIRATION DATE 11
PROPERTY WITH RIGHTS OF
SURVIVORSHIP
NAMED INSURED: AGENT:
DARCY L RYAN 8 CHRISTOPHER G RYAN
488 BAKEMAN LANE STEPHEN JENNINGS HOGGE
775 W GRAND AVE STE A
ARROYO GRANDE CA 93420 GROVER BEACH CA 93433
(805)481 -6484
LOCATION OF RESIDENCE PREMISES 468 BAKEMAN LANE ARROYO GRANDE CA 93420
EFFECTIVE TIIv4E IS 12:01 A.M. STANDARD TIME AT YOUR RESIDENCE
SECTION I
PROPERTY COVERAGES
COVERAGE A COVERAGE B COVERAGE C COVERAGE D DEDUCTIBLE
DWELLING OTHER STRUCTURES PERSONAL PROPERTY LOSS OF USE
$ 185,000 $ 18,500 $ 138750 5 74,000 $ 500
SECTION II LIABILITY COVERAGES
COVERAGE E - PERSONAL LIABILITY COVERAGE F - MBD FAX TO OTHERS
$ 300,000 EACH OCCURRENCE $ 2.000 EACH PERSON/$25,000 EACH OCCURRENCE
PREMIUM / CREDIT
COVERAGE A - DWELLING 349.00
COV E - PERSONAL LUBLITY 25.00
COV F - MED PAY TO OTHERS 3.00
BACK -UP OF SEWERS OR DRAINS 20.00
BUSINESS PROPERTY -ADD'l $5,000 1800
MOD FUNCTIONAL REPLACE COST -83.00
COV A-50% EXTENDED REPLACEMENT
AN MAL UABLRY BUY BACK 27.00
PERSONAL INJURY COVERAGE 13.00
INCLUDED COVERAGES : COV 8; COV C; COV D: HOME ALERT PROT; CONTENTS COV
DISCOUNTS : ACCREDITED BUILDER DISCOUNT. UTILITIES RATING PLAN
TOTAL POLICY PREMRJM $ 420.00
NO COVERAGE IS PROVIDED UNDER THIS POLICY FOR LOSS CAUSED BY EARTHQUAKE.
MORTGAGEE(S):
WELL FARGO BANK N.A. ITS SUCCESSORS AND/OR ASSIGNS WELLS FARGO *ACM
PO BOX 5708 PO BOX 31878
SPRINGFIELD OH 45501.5708 BILLINGS MT 59107
LOAN N 0086843998 20082494900188
SEE REVERSE SIDE FOR POLICY FORMS AND ENDORSEMENTS
1 2008 FRAME 01 •• 015 <1000 <5
INSURED GA IIStSH(08 -03) II21/2006 FNT006 IND5435 OP %110419 PAGE 1 OF 2
Version200N615
ttov 22 2006 9: 03811 Steve Hogge Agency 8054813287 p.4
\• �./
AMENDMENT PROVISION
If the Declarations indicates your policy is amended, it will be effective on the date shown, and will provide the indicated insurance.
Such amended Declarations replaces all prior Declarations. All other terns, conditions, agreements or limitations of the policy, other
than contained on the Declarations shall remain the same.
FORMS AND ENDORSEMENTS
NO 0003 1000 HOMEOWNERS 3 SPECIAL FORM
• AA 00 06 10 03 TABLE OF CONTENTS
-
ANIMAL EXCL 07 05 IMPORTANT NOTICE - IDTlUSIO11
• 411120 CA 0506 PRIVACY AND ITS PROTECTION
• M121 CA 0505 SATELLITE DISH EXCLUSION
• M122 CA 0806 OCCUPANCY ENOORaaJec
• M125 CA 0505 MORTGAGE CLAUSE
AS138 GA 0505 MOLD. FUNGUS, ROT DAMAGE 62000
•
A6130 CA 0500 SECTOR UEA0TI MOVEMENT EXCL
M140 CA 05 06 AMENDATORY T310ORREMEW
• A6142 CA 0605 PETS PROP REPL COST AMENDATORY
• 45154 CA 0505 A11I4AL LIABILITY ENDOPBBAENT
• CA RNOOIIF OS OB CA RACE, NATL ORION 6 GENDER
• WM ON CA 0106 CAIFONIIR 1315CL SURE NOTICE
• RI1194 0606 MPORTNR INFO - CAOGA
•
' FNI197 0606 CA RESIDENTIAL PROP MB COOL
• ROW 0606 CA RESIDENTIAL PROP INS TILL
NO 0100 0006 SPECIAL PROVISION -C LIFORl A
' Ho 0407 1206 PERS PROP REPLACEMENT COST
NO 04 06 1206 MOO FUNCTIONAL REPLACEMNT COST
• HOW 12 1004 SUSREBB PROPERTY Y -IOCR LIWT
• 1400416 1000 PREMISES AWOVFRE PW1ECTON
• NOW M6 10 00 INFUTION COMMIX
• 1 004 95 10 00 WATER SACK UP SUMP DBOMRDE
• I/001 al 1000 NO COVERAGE NOME DAYCARE SUS
• 14023 SO 12 05 SPEC AmL AMT OF 148 C W A
• HO 2152 10 00 PERSONA MURY
• 140 24 00 0601 RM:NMEPB COMP RES ENPL • CA
• 11.41016 05 W CALFORNIA FRAUD STATEMENT
• INSPECT NOTICE 0006 IIPQRINT NmtSPR050TY 14SP
' PRIVACY U 0706 PRIVACY STATEMENT
• 220101 06 03 SIC *TUIE PAGE
' a WU NB 06 42 LENDERS L055 PAYABLE
DATE: /1-249- COUNTERSIGNED BY g
qCOREY EVIDENCE OF PERSONAL PROPERTY INSURANCE f 11/2 z 2006
THIS IS EVIDENCE THAT INSURANCE AS IDENTIFIED BELOW HAS BEEN ISSUED, IS IN FORCE, AND CONVEYS ALL TH
RIGHTS AND PRIVILEGES AFFORDED UNDER THE POLICY.
SSW 1 a (905) 481 - 5484 COONWS
3TEVE BOGGE AGENCY Fidelity National Insurance Company
775 W Grand Ave NA
;rover Beach, CA 93433
)c4573B
„"` (805) 481 -3287 I at
ooc ns COS
SKY
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Darcy L. Ryan and Christopher G Ryan 0068643998 NP6 46984
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CONTINUED TAM
468 Bakeman Lane 11 -21 -06 11 -21 -07 1 ITERNALKIEDFCHEC3aa3
ARROYO GRANDE, CA 93420 DS nRACe MOD. ..WDtCI DAncm
'ROPERTY INFORMATION
SCASOMIEICSINTESI
468 Bakeman Lane
Arroyo Grande Ca 93420
COVERAGE IW0RMATION
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Dwelling 185,000 500
Other Structures 18,500
Personal Property 138,750
Loss of Use 74,000
REMARKS (Indus nu SoadN1 Conditions)
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THE POLICY IS SUBJECT TO THE PREMIUMS, FORMS, AND RULES IN EFFECT FOR EACH POLICY PERIOD. SHOULD THE
POLICY BE TERMINATED, THE COMPANY WILL GIVE THE ADDITIONAL INTEREST IDENTIFIED BELOW DAYS
WRITTEN NOTICE, ANO WILL SEND NOTIFICATION OF ANY CHANGES TO THE POLICY THAT WOULD AFFECT THAT
INTEREST, IN ACCORDANCE WITH THE POLICY PROVISIONS OR AS REQUIRED BY LAW.
ADDITIONAL INTEREST
10•541310 ACMES' _ MORTGAGEE I I AoonorAL.+sun®
City Of Arroyo Grande Loss PAYEE
P.O.Box 550 LOAN*
Arroyo Grande CA 93420
ACORDZ712004/941
p ACORD CORPORATION 1993
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