Item F-2 Agenda Report — Beverly Hills City Council, June 27, 2024 (part 4 of 7)

@ExtractStart@ 2UDQJH&RDVW7LWOH&RPSDQ\
2151 E. Convention Center :ay, 6uite 102
Ontario, CA 91764
909-987-5433
35(/,0,1$5<5(3257
Orange Coast Title Company
2151 E. Convention Center :ay, 6uite 102
Ontario, CA 91764
$WWHQWLRQ
Tom .rystkowiak <RXUQR
2370903-T.
3URSHUW\DGGUHVV
129 6outh /inden Drive, %everly Hills, CA 90212 2UGHUQR 140-2370903-20
'DWHG
-une 8, 2023
,n response to the above referenced application for a policy of title insurance, 2UDQJH &RDVW 7LWOH &RPSDQ\ hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title ,nsurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed 6chedules, Conditions and 6tipulations of said Policy forms.

The printed Exceptions and Exclusions from the coverage and /imitations on Covered Risks of said policy or policies are set forth in Exhibit % attached. The policy to be issued may contain an arbitration clause. :hen the Amount of ,nsurance is less than that set forth in the arbitration clause, all arbitrable matters shall be arbitrated at the option of either the Company or the ,nsured as the exclusive remedy of the parties. /imitations on Covered Risks applicable to the C/TA and A/TA Homeowner¶s Policies of Title ,nsurance which establish a Deductible Amount and a Maximum Dollar /imit of /iability for certain coverages are also set forth in Exhibit %.

Copies of the policy forms should be read. They are available from the office which issued this report. 3OHDVH UHDG WKH H[FHSWLRQV VKRZQ RU UHIHUUHG WR EHORZ DQG WKH H[FHSWLRQV DQG H[FOXVLRQV VHW IRUWK LQ ([KLELW % RI WKLV UHSRUW FDUHIXOO\ 7KH H[FHSWLRQV DQG H[FOXVLRQV DUH PHDQW WR SURYLGH \RX ZLWK QRWLFH RI PDWWHUV ZKLFK DUH QRW FRYHUHG XQGHU WKH WHUPVRIWKHWLWOHLQVXUDQFHSROLF\DQGVKRXOGEHFDUHIXOO\FRQVLGHUHG ,W LV LPSRUWDQW WR QRWH WKDW WKLV SUHOLPLQDU\ UHSRUW LV QRW D ZULWWHQ UHSUHVHQWDWLRQ DV WKH FRQGLWLRQ RI WLWOH DQG PD\ QRW OLVW DOO OLHQVGHIHFWVDQGHQFXPEUDQFHVDIIHFWLQJWLWOHWRWKHODQG This report (and any supplements or amendments hereto) is issued solely for the purpose of facilitating the issuance of a policy of title insurance and no liability is assumed hereby. ,f it is desired that liability be assumed prior to the issuance of a policy of title insurance, a %inder or Commitment should be reTuested.

Dated as of May 19, 2023 at 7
30 AM

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
Ranny Harper, Title Officer
Email
rannyh#octitle.com
Ph
909-987-5433
Fax
714-415-7961
Order No. 140-2370903-20

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7KHIRUPRISROLF\RIWLWOHLQVXUDQFHFRQWHPSODWHGE\WKLVUHSRUWLV

A./.T.A. /oan Policy (06-17-06)
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7KHHVWDWHRULQWHUHVWLQWKHODQGKHUHLQDIWHUGHVFULEHGRUUHIHUUHGWRFRYHUHGE\WKLVUHSRUWLV

A Fee
7LWOHWRVDLGHVWDWHRULQWHUHVWDWWKHGDWHKHUHRILVYHVWHGLQ

Ely Dromy and -udy Dromy, Trustees of the Dromy 1995 Family Trust dated December 12, 1995, an undivided 28 percent interest, 9300 :ilshire //C, a Delaware /imited /iability Company, an undivided 10.55 percent interest, 9300 :ilshire Fee, //C, a Delaware /imited /iability Company, an undivided 43.95 percent interest, 1112 ,nvestment Company, //C, a California /imited /iability Company, an undivided 5.00 percent interest, and E.D. Flores, //C, a California /imited /iability Company, an undivided

2.5 percent interest and E-T :ilshire /inden, //C, a California /imited /iability Company, an undivided 10 interest. 7KH ODQG UHIHUUHG WR LQ WKLV UHSRUW LV VLWXDWHG LQ WKH &LW\ RI %HYHUO\ +LOOV WKH &RXQW\ RI /RV $QJHOHV 6WDWH RI &DOLIRUQLD DQG LV GHVFULEHGDVIROORZV

/ot 40 of Tract 1o. 6648, in the City of %everly Hills, County of /os Angeles, 6tate of California, as per Map recorded in %ook 71,

Page 48 ends

Assessor
s Parcel 1umbers(s)
4328-009-007
Order No. 140-2370903-20

Page 3 ends

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1 *eneral and 6pecial taxes for the fiscal year 2023-2024, including any assessments collected with taxes. A lien not yet payable.

First installment due and payable 11012023, delinTuent if not paid by 12102023 6econd installment due and payable 02012024, delinTuent if not paid by 04102024 2 *eneral and 6pecial taxes for the fiscal year 2022-2023, including any assessments collected with current taxes.

Total amount
1st installment
, Paid
Penalty
(after 12122022)
2nd installment
, Paid
Penalty (after 04102023)
Code area 02410 - City of %everly Hills-10
Parcel 1o.

Exemption 1one 6hown
1OTE
Taxes above mentioned have all been paid and are reported for proration purposes only. 3 6upplemental taxes including special assessments andor personal property taxes if any, for the fiscal year 2020-2021. 1st installment

paid
2nd installment

paid
%ill 1o.
1RQH6KRZQ
6upplemental 1o.

4 6upplemental taxes including special assessments andor personal property taxes if any, for the fiscal year 2021-2022. 1st installment

paid
2nd installment

paid
%ill 1o.
1RQH6KRZQ
6upplemental 1o.

5 The /ien of future supplemental taxes, if any, assessed pursuant to the provisions of section 75, et seT of the revenue and taxation code of the 6tate of California
6 An Oil and *as /ease affecting this and other property executed by the owner of said land and by others as owners of other land, for the term and upon the terms, covenants and provisions therein provided Recorded
02101965, as ,nstrument 1o. 4151, Official Records.

Dated
01051965
Term
20 years from date hereof and any other term as provided for therein /essor
9740 :ilshire %uilding, a /imited Partnership
/essee
Occidental Petroleum Corporation, a Corporation
The present ownership of said leasehold and other matters affecting the interest of the lessee are not shown herein. 6aid lease affects that portion of said land lying below a depth of 500 feet from the surface thereof without right of surface entry.

Order No. 140-2370903-20

Page 4 ends

7 A Deed of Trust to secure the indebtedness of
Amount

Trustor
(O\'URP\DQG-XG\'URP\7UXVWHHVRIWKH'URP\

)DPLO\7UXVWGDWHG'HFHPEHU

DQXQGLYLGHGSHUFHQWLQWHUHVW
:LOVKLUH//&D'HODZDUH/LPLWHG
/LDELOLW\&RPSDQ\DQXQGLYLGHGSHUFHQWLQWHUHVW :LOVKLUH)HH//&D
'HODZDUH/LPLWHG/LDELOLW\&RPSDQ\DQXQGLYLGHG
SHUFHQWLQWHUHVW
,QYHVWPHQW&RPSDQ\//&D&DOLIRUQLD/LPLWHG/LDELOLW\&RPSDQ\DQXQGLYLGHG SHUFHQWLQWHUHVWDQG(')ORUHV//&D&DOLIRUQLD/LPLWHG/LDELOLW\&RPSDQ\ DQXQGLYLGHGSHUFHQWLQWHUHVW
Trustee
East :est ,nvestment ,nc., a California Corporation
%eneficiary
East :est %ank
Dated
08082019
Recorded

DV,QVWUXPHQW1R
of Official Records
6aid Deed of Trust contains a provision that the 1OTE secured thereby provides for a variable interest rate and allows periodic adjustments in the rate of interest.
6aid matter affects the herein described land and other land. 8 An instrument, upon the terms and conditions contained therein Entitled
Memorandum of Tenancy-,n-Common Agreement
Dated
12282020
Executed by and between
E-T :ilshire /inden, //C, a California /imited /iability Company, 1112 ,nvestment Company, //C, a California /imited /iability Company, 9300 :ilshire, //C, a Delaware /imited /iability Company, 9300 :ilshire Fee, //C, a Delaware /imited /iability Company, E.D. Flores, //C, a California /imited /iability Company, and Dromy 1995 Family Trust Dated December 12, 1995
Recorded
02032021, as ,nstrument 1o. 2021-189209 of Official Records 9 A lien for unsecured property taxes in favor of the tax collector, County of /os Angeles
Amount

Taxpayer
(')ORUHV//&
<earaccount no.
2249952581
Recorded
as ,nstrument 1o.
, Official Records
10 The reTuirement that we be furnished a copy of the 'URP\

)DPLO\ Trust and any amendments thereto. A certification of said trust may be acceptable if made pursuant to probate code section 18100.5 and Tualified as a trust under section 82 of probate code.
11 This company will reTuire a copy of the Certificate of Registration to transact business in the 6tate of California for 9300 :ilshire //C, a Delaware limited liability company, a copy of the articles of organi]ation certified by authorities of the state of origin, and copies of any management agreements or operating agreements together with a current list of all members of said limited liability company.
12 This company will reTuire a copy of the Certificate of Registration to transact business in the 6tate of California for 9300 :ilshire Fee, //C, a Delaware limited liability company, a copy of the articles of organi]ation certified by authorities of the state of origin, and copies of any management agreements or operating agreements together with a current list of all members of said limited liability company.
13 The reTuirement that we be provided

(1) A copy of the filed articles of organi]ation of 1112 ,nvestment Company, //C, a limited liability company. (2) A current list of the names of said limited liability company members. (3) A copy of said limited liability company
s operating agreement, with a verified certificate that the operating agreement is a true and correct copy of the agreement now in effect.

Order No. 140-2370903-20

Page 5 ends

14 The reTuirement that we be provided

(1) A copy of the filed articles of organi]ation of E.D. Flores, //C, a limited liability company. (2) A current list of the names of said limited liability company members. (3) A copy of said limited liability company
s operating agreement, with a verified certificate that the operating agreement is a true and correct copy of the agreement now in effect. 15 The reTuirement that we be provided

(1) A copy of the filed articles of organi]ation of E-T :ilshire /inden, //C, a limited liability company. (2) A current list of the names of said limited liability company members. (3) A copy of said limited liability company
s operating agreement, with a verified certificate that the operating agreement is a true and correct copy of the agreement now in effect. 16 Rights of parties in possession of said land by reason of unrecorded leases, if any. Please forward said leases for our examination.
17 Any facts, rights, interest or claims which may be shown by an inspection of the land or which may be disclosed by inTuiry of persons in possession of said land.
18 (A) Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records

Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records. (%) Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained by an inspection of the land or which may be asserted by persons in possession thereof. (C) Easements, liens or encumbrances, or claims thereof, which are not shown by the public records. (D) Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by the public records (E) (a) 8npatented mining claims
(b) reservations or exceptions in patents or in Acts authori]ing the issuance thereof (c)
water rights, claims or title to water, whether or not the matters excepted under (a), (b), or (c) are shown by the public records
(F) Any lien or right to a lien for services, labor or material theretofore or hereafter not shown by the public records. ([FHSWLRQV$)ZLOOEHRPLWWHGRQH[WHQGHGFRYHUDJHSROLFLHV (QGRI6FKHGXOH%
Order No. 140-2370903-20

Page 6 ends

³127(6$1'5(48,5(0(1766(&7,21´
127(12
California Revenue and Taxation Code 6ection 18662, effective -anuary 1, 1994 and by amendment effective -anuary 1, 2003, provides that the buyer in all sales of California Real Estate may be reTuired to withhold 3 and 13 of the total sales price as California 6tate ,ncome Tax, subject to the various provisions of the law as therein contained. 127(123$<2)),1)250$7,21

1ote
this company does reTuire current beneficiary demands prior to closing. ,f the demand is expired and a correct demand cannot be obtained, our reTuirements will be as follows

A. ,f this company accepts a verbal update on the demand, we may hold an amount eTual to one monthly mortgage payment.

The amount of this hold will be over and above the verbal hold the lender may have stipulated. %. ,f this company cannot obtain a verbal update on the demand, will either pay off the expired demand or wait for the amended demand, at the discretion of the escrow.

C. ,n the event that a payoff is being made to a servicing agent for the beneficiary, this company will reTuire a complete copy of the servicing agreement prior to close.
127(12
,f this company is reTuested to disburse funds in connection with this transaction, chapter 598, statutes of 1989 mandates hold periods for checks deposited to escrow or sub-escrow accounts. The mandatory hold is one business day after the day deposited. Other checks reTuire a hold period from three to seven business days after the day deposited. 1RWLFH5HJDUGLQJ<RXU'HSRVLWRI)XQGV
California ,nsurance Code 6ections 12413 HW 6HT Regulates the disbursement of escrow and sub-escrow funds by title companies.

The law reTuires that funds be deposited in the title company escrow and sub-escrow accounts and be available for withdrawal prior to disbursement. Funds deposited with the Company by wire transfer may be disbursed upon receipt. Funds deposited with the Company via cashier¶s checks drawn on a California based bank may be disbursed the next business day after the day of deposit. ,f funds are deposited with by other methods, recording or disbursement may be delayed. All escrow and sub-escrow funds received by the Company will be deposited with other funds in one or more non-interest bearing escrow accounts of the Company in a financial institution selected by the Company. The Company andor its parent company may receive certain direct or indirect benefits from the financial institution by reason of the deposit of such funds or the maintenance of such accounts with the financial institution, and the Company shall have no obligation to account to the depositing party in any manner for the value of, or to pay such party, any benefit received by the Company andor its parent Company. Those benefits may include, without limitation, credits allowed by such financial institution on loans to the Company andor its parent company and earnings on investments made on the proceeds of such loans, accounting, reporting and other services and products of such financial institution. 6uch benefits shall be deemed additional compensation of the Company for its services in connection with the escrow or sub-escrow.

Order No. 140-2370903-20

Page 7 ends

2UDQJH&RDVW7LWOH&RPSDQ\
2151 E. Convention Center :ay, 6uite 102
Ontario, CA 91764
909-987-5433
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The above numbered report (including any supplements or amendments thereto) is hereby modified andor supplemented in order to reflect the following additional items relating to the issuance of an A./.T.A. /oan Policy (06-17-06) form as follows

A. This report is preparatory to this issuance of an American /and Title Association loan policy of title insurance. This report discloses nothing, which would preclude the issuance of said American land title association loan policy of title insurance with endorsement no. 100 attached thereto.
%. The improvements on said land are designated as

A commercial property known as
129 6outh /inden Drive, in the City of %everly Hills, County of /os Angeles, 6tate of California.

C. The only conveyance(s) affecting said land recorded within 24 months of the date of this report are as follows

*rantor
1112 ,nvestment Company, //C, a California /imited /iability Company *rantee
E-T :ilshire /inden, //C, a California /imited /iability Company, an undivided 10 interest
Recorded
1262021 as ,nstrument 1o. 2021-138527, Official Records.

Order No. 140-2370903-20

Page 8 ends

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Please note that this preliminary report now has an extra copy of the legal description on a separate sheet of paper. There are no markings on the page. The idea is to provide you with a legal description that can be attached to other documents as needed. That legal description page immediately follows this page.

Thank you for your support of 2UDQJH&RDVW7LWOH&RPSDQ\. :e hope that this makes your job a little easier.

Order No. 140-2370903-20

Page 9 ends

([KLELW³$´
/ot 40 of Tract 1o. 6648, in the City of %everly Hills, County of /os Angeles, 6tate of California, as per Map recorded in %ook 71,

Page 48 ends

Order No. 140-2370903-20

Page 10 ends

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&/7$67$1'$5'&29(5$*(32/,&<±

(;&/86,216)520&29(5$*( The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys fees or expenses which arise by reason of

1. (a) Any law, ordinance or governmental regulation (including but not limited to building or ]oning laws, ordinances, or regulations) restricting, regulating, prohibiting or relating (i) the occupancy, use, or enjoyment of the land (ii) the character, dimensions or location of any improvement now or hereafter erected on the land (iii) a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part or (iv) environmental protection, or the effect of any violation of these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien, or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. (b) Any governmental police power not excluded by (a) above, except to the extent that a notice of the exercise thereof or notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. 2. Rights of eminent domain unless notice of the exercise thereofhas been recordedinthe public records at Date of Policy, but not excluding from coverage any taking whichhas occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge.

3. Defects, liens, encumbrances, adverse claims or other matters (a) whether or not recorded in the public records at Date of Policy, but created, suffered, assumed or agreed to by the insured claimant (b) not known to the
Company, not recorded in the public records at Date of Policy, but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy (c) resulting in no loss or damage to the insured claimant (d) attaching or created subseTuent to Date of Policy
or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the insured mortgage or for the estate or interest insured by this policy.

4. 8nenforceability of the lien of the insured mortgage because of the inability or failure of the insured at Date of Policy, or the inability or failure of any subseTuent owner of the indebtedness, to comply with the applicable doing business laws of the state in which the land is situated.

5. ,nvalidity or unenforceability of the lien of the insured mortgage, or claimthereof,which arises out of the transaction evidencedbythe insured mortgage andis based upon usury or any consumer credit protection or truth in lending law.

6. Any claim, which arises out of the transaction vesting in the insured the estate of interest insured by this policy or the transaction creating the interest of the insured lender, by reason of the operation of federal bankruptcy, state insolvency or similar creditors
rights laws.
(;&(37,216)520&29(5$*(6&+('8/(%3$57, This policy does not insure against loss or damage (and the Company will not pay costs, attorneys fees or expenses) which arise by reason of

1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records. Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the public records. 2. Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained by an inspection of the land or which may be asserted by persons in possession thereof. 3. Easements, liens or encumbrances, or claims thereof, which are not shown by the public records.

4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by the public records.

5. (a) 8npatented mining claims
(b) reservations or exceptions in patents or in Acts authori]ing the issuance thereof (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b) or (c) are shown by the public records.

6. Any lien or right to a lien for services, labor or material not shown by the public records. &/7$$/7$+20(2:1(5
632/,&<2)7,7/(,1685$1&(

(;&/86,216 ,n addition to the Exceptions in 6chedule %, <ou are not insured against loss, costs, attorneys fees, and expenses resulting from

1. *overnmental police power, and the existence or violation of those portions of any law or government regulation concerning a.building, b. ]oning, c.land use d. improvements on the /and, e.land division and ,f.
environmental protection. This Exclusion does not limit the coverage described in Covered Risk 8.a., 14, 15, 16, 18, 19, 20, 23 or 27.

2. The failure of <our existing structures, or any part of them, to be constructed in accordance with applicable building codes. This Exclusion does not limit the coverage described in Covered Risk 14 or 15.

3. The right to take the /and by condemning it. This Exclusion does not limit the coverage described in Covered Risk 17.

4. Risks
a. that are created, allowed, or agreed to by <ou, whether or not they recorded in the Public Records b. that are .nown to <ou at the Policy Date, but not to 8s, unless they are recorded in the Public Records at the Policy Date
c. that result in no loss to <ou
or d. that first occur after the Policy Date - this does not limit the coverage described in Covered Risk 7, 8.e, 25, 26, 27, or 28.

5. Failure to pay value for <our Title.

6. /ack of a right
a. to any land outside the area specifically described and referred to in paragraph 3 of 6chedule A and b. in streets, alleys, or waterways that touch the /and. This Exclusion does not limit the coverage described in Covered Risk 11 or 21.

7. The transfer of the Title to <ou is invalid as a preferential transfer or as a fraudulent transfer or conveyance under federal bankruptcy, state insolvency, or similar creditors¶ rights laws. /,0,7$7,21621&29(5('5,6.6 <our insurance for the following Covered Risks is limited on the Owner¶s Coverage 6tatement as follows For Covered Risk 16, 18, 19, and 21 <our Deductible Amount and Our Maximum Dollar /imit of /iability shown in 6chedule A. The deductible amounts and maximum dollar limits shown on 6chedule A are as follows

<our Deductible Amount Our Maximum Dollar /imit of /iability &RYHUHG5LVN
RI3ROLF\$PRXQWVKRZQLQ6FKHGXOH$RU
ZKLFKHYHULVOHVV

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RI3ROLF\$PRXQWVKRZQLQ6FKHGXOH$RU
ZKLFKHYHULVOHVV

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RI3ROLF\$PRXQWVKRZQLQ6FKHGXOH$RU
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$/7$5(6,'(17,$/7,7/(,1685$1&(32/,&<

(;&/86,216 ,n addition to the Exceptions in 6chedule %, you are not insured against loss, costs, attorneys fees, and expenses resulting from

1. *overnmental police power, and the existence or violation of any law or government regulation. This includes building and ]oning ordinances and also laws and regulations concerning

land use
improvements on the land
land division
environmental protection. This exclusion does not apply to violations or the enforcement of these matters which appear in the public records at Policy Date. This exclusion does not limit the ]oning coverage described in ,tems 12 and 13 of Covered Title Risks. 2. The right to take the land by condemning it, unless

a notice of exercising the right appears in the public records on the Policy Date
the taking happened prior to the Policy Date and is binding on you if you bought the land without knowing of the taking

3. Title Risks

that are created, allowed, or agreed to by you
that are known to you, but not to us, on the Policy Date -- unless they appeared in the public records that result in no loss to you
that first affect your title after the Policy Date -- this does not limit the labor and material lien coverage in ,tem 8 of Covered Title Risks 4. Failure to pay value for your title.

5. /ack of a right

to any land outside the area specifically described and referred to in ,tem 3 of 6chedule A OR in streets, alleys, or waterways that touch your land. This exclusion does not limit the access coverage in ,tem 5 of Covered Title Risks.
$/7$/2$132/,&<

(;&/86,216)520&29(5$*(
The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys fees or expenses which arise by reason of

1. (a) Any law, ordinance or governmental regulation (including those relating to building and ]oning) restricting, regulating, prohibiting or relating to (i) the occupancy, use, or enjoyment of the land (ii) the character,
dimensions or location of any improvement erected on the /and (iii) the subdivision of land
or (iv) environmental protection
or the effect of any violation of these laws, ordinances or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5.

2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.

3. Defects, liens, encumbrances, adverse claims or other matters (a)created, suffered, assumed or agreed to by the ,nsured Claimant (b)not known to the Company, not recorded in the public records at Date of Policy, but known to the ,nsured Claimant and not disclosed in writing to the Company by the ,nsured Claimant prior to the date the ,nsured Claimant became an ,nsured under this policy (c) resulting in no loss or damage to
the ,nsured Claimant
(d) attaching or created subseTuent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 11, 13 or 14) or(e) resulting in loss or damage that would not
have been sustained if the ,nsured Claimant had paid value for the ,nsured Mortgage.

4. 8nenforceability of the lien of the ,nsured Mortgage because of the inability or failure of an ,nsured to comply with applicable doing-business laws of the state in which the /and is situated.

5. ,nvalidity or unenforceability in whole or in part of the lien of the ,nsured Mortgage that arises out of the transaction evidenced by the ,nsured Mortgage and is based upon usury or any consumer credit protection or truth in lending law.

6. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors¶ rights laws, that the transaction creating the lien of the ,nsured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 13(b) of this policy.

7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the ,nsured Mortgage in the Public Records. This Exclusion does not modify or limit the coverage provided under Covered Risk 11(b)

(;&(37,216)520&29(5$*(
This policy does not insure against loss or damage (and the Company will not pay costs, attorneys fees or expenses) that arise by reason of

1.(a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records (b) proceedings by a public agency that may
result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records.

2.Any facts, rights, interests or claims which are not shown by the Public Records but that could be ascertained by an inspection of the /and or that may be asserted by persons in possession of the /and.

3.Easements, liens or encumbrances, or claims thereof, not shown by the Public Records.

4.Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the /and and not shown by the Public Records.

5.(a) 8npatented mining claims
(b) reservations or exceptions in patents or in Acts authori]ing the issuance thereof (c) water rights, claims or title to water, whether or not the matters excepted under (a), (b) or (c) are shown by the Public Records.

6. Any lien or right to a lien for services, labor or material not shown by the public records. $/7$2:1(5¶632/,&<

(;&/86,216)520&29(5$*(
The following matters are expressly excluded from the coverage of this policy, and the Company will not pay loss or damage, costs, attorneys fees, or expenses that arise by reason of

Order No. 140-2370903-20

Page 11 ends

1. (a) Any law, ordinance, permit, or governmental regulation (including those relating to building and ]oning) restricting, regulating, prohibiting, or relating to (i) the occupancy, use, or enjoyment of the /and
(ii)
the character, dimensions, or location of any improvement erected on the /and (iii) the subdivision of land
or (,9) environmental protection
or the effect of any violation of these laws, ordinances, or governmental regulations. This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risk 5. (b) Any governmental police power. This Exclusion 1(b) does not modify or limit the coverage provided under Covered Risk 6.

2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.

3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed, or agreed to by the ,nsured Claimant (b) not .nown to the Company, not recorded in the Public Records at Date of Policy, but .nown to the ,nsured Claimant and not disclosed in writing to the Company by the ,nsured Claimant prior to the date the ,nsured Claimant became an ,nsured under this policy (c) resulting in no loss or
damage to the ,nsured Claimant
(d) attaching or created subseTuent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risk 9 and 10) or (e) resulting in loss or
damage that would not have been sustained if the ,nsured Claimant had paid value for the Title.

4. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors¶ rights laws, that the transaction vesting the Title as shown in 6chedule A, is (a) a fraudulent conveyance or fraudulent transfer
or (b) a preferential transfer for any reason not stated in Covered Risk 9 of this policy.

5. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in 6chedule A.

The above policy form may be issued to afford either 6tandard Coverage or Extended Coverage. ,n addition to the above Exclusions from Coverage, the Exceptions from Coverage in a 6tandard Coverage policy will also include the following Exceptions from Coverage

(;&(37,216)520&29(5$*(
This policy does not insure against loss or damage (and the Company will not pay costs, attorneys¶ fees or expenses) that arise by reason of

1. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the Public Records (b) proceedings by a public agency
that may result in taxes or assessments, or notices of such proceedings, whether or not shown by the records of such agency or by the Public Records.

2. Any facts, rights, interests, or claims that are not shown by the Public Records but that could be ascertained by an inspection of the /and or that may be asserted by persons in possession of the /and.

3. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records.

4. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the /and and that are not shown by the Public Records.

6. Any lien or right to a lien for services, labor or material not shown by the public records. $/7$(;3$1'('&29(5$*(5(6,'(17,$//2$132/,&<

(;&/86,216)520&29(5$*(
The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage, costs, attorneys fees or expenses which arise by reason of

1. (a) Any law, ordinance, permit, or governmental regulation (including but not limited to building and ]oning) restricting, regulating, prohibiting or relating to (i) the occupancy, use, or enjoyment of the /and (ii) the
character, dimensions or location of any improvement erected on the /and (iii) the subdivision of the land
or (iv) environmental protection, or the effect of any violation of these laws, ordinances or governmental regulations This Exclusion 1(a) does not modify or limit the coverage provided under Covered Risks 5, 6, 13(c), 13(d), 14, and 16.(b) Any governmental police power. This Exclusion 1(b)does not modify or limit the coverage provided under Covered Risks 5, 6, 13(c), 13(b), 14, and 16.

2. Rights of eminent domain. This Exclusion does not modify or limit the coverage provided under Covered Risk 7 or 8.

3. Defects, liens, encumbrances, adverse claims or other matters (a) created, suffered, assumed or agreed to by the ,nsured Claimant (b) not .nown to the Company, not recorded in the Public Records at Date of Policy, but .nown to the ,nsured Claimant and not disclosed in writing to the Company by the ,nsured Claimant prior to the date the ,nsured Claimant became an ,nsured under this policy (c) resulting in no loss or
damage to the ,nsured Claimant
(d) attaching or created subseTuent to Date of Policy (however, this does not modify or limit the coverage provided under Covered Risks 11, 16, 17, 18, 19, 20, 21, 22, 23, 24, 27 or 26)

or (e)resulting in loss or damage which would not have been sustained if the ,nsured Claimant had paid value for the ,nsured Mortgage.

4. 8nenforceability of the lien of the ,nsured Mortgage because of the inability or failure of the ,nsured to comply with applicable doing-business laws of the state in which the /and is situated.

5. ,nvalidity or unenforceability in whole or in part of the lien of the ,nsured Mortgage that arises out of the transaction evidenced by the ,nsured Mortgage and is based upon usury, or any consumer credit protection or truth in lending law. This Exclusion does not modify or limit the coverage provided in Covered Risk 26.

6. Any claim of invalidity, unenforceability or lack of priority of the lien of the ,nsured Mortgage as to Advances or modifications made after the ,nsured has .nowledge that the vestee shown in 6chedule A is no longer the owner of the estate or interest covered by this policy. This Exclusion does not modify or limit the coverage provided in Covered Risk 11.

7. Any lien on the Title for real estate taxes or assessments imposed by governmental authority and created or attaching subseTuent to Date of Policy in accordance with applicable building codes. This Exclusion does not modify or limit the coverage provided in Covered Risk 5 or 6..

8. The failure of the residential structure, or any portion of it, to have been constructed before, on or after Date of Policy in accordance with applicable building codes. This Exclusion does not modify or limit the coverage provided in Covered Risk 5 or 6.

9. Any claim, by reason of the operation of federal bankruptcy, state insolvency, or similar creditors¶ rights laws, that the transaction creating the lien of the ,nsured Mortgage, is (a) a fraudulent conveyance or fraudulent transfer, or (b) a preferential transfer for any reason not stated in Covered Risk 27(b) of this policy.

Order No. 140-2370903-20

Page 12 ends

2UDQJH&RDVW7LWOH&RPSDQ\
35,9$&<32/,&<
:H$UH&RPPLWWHGWR6DIHJXDUGLQJ&XVWRPHU,QIRUPDWLRQ
,n order to better serve your needs now and in the future, we may ask you to provide us with certain information. :e understand that you may be concerned about what we will do with such information ± particularly any personal or financial information. :e agree that you have a right to know how we will utili]e the personal information that you provide to us. Therefore, we have adopted this Privacy Policy to govern the use and handling of your personal information. $SSOLFDELOLW\
This Privacy Policy governs our use of the information which you provide to us. ,t does not govern the manner in which we may use information we have obtained from any other source, such as information obtained from a public record or from another person or entity.
7\SHVRI,QIRUPDWLRQ
Depending upon which of our services you are utili]ing, the types of nonpublic personal information that we may collect include

x ,nformation we receive from you on applications, forms and in other communications to us, whether in writing, in person, by telephone or any other means.
x ,nformation we receive from providers of services to us, such as appraisers, appraisal management companies, real estate agents and brokers and insurance agencies (this may include the appraised value, purchase price and other details about the property that is the subject of your transaction with us). x ,nformation about your transactions with us, our Affiliated Companies, or others and
x ,nformation we receive from a consumer reporting agency. <RXU&DOLIRUQLD5LJKWV
LPPHGLDWHO\IROORZLQJWKLV3ULYDF\3ROLF\
RU\RXPD\YLVLWRXUZHEVLWHDW
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2QO\DSSOLHVWR&$

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8VHRI,QIRUPDWLRQ
:e reTuest information from you for our own legitimate business purposes and not for benefit of any nonaffiliated party. Therefore, we will not release your information to nonaffiliated parties except (1) as necessary for us to provide the product or service you have reTuested of us
or (2) as permitted by law. :e may, however, store such information indefinitely, including the period after which any customer relationship has ceased. 6uch information may be used for any internal purpose, such as Tuality control efforts or customer analysis.
)RUPHU&XVWRPHUV
(YHQLI\RXDUHQRORQJHURXUFXVWRPHURXU3ULYDF\3ROLF\ZLOOFRQWLQXHWRDSSO\WR\RX &RQILGHQWLDOLW\DQG6HFXULW\
:e will use our best efforts to ensure that no unauthori]ed parties have access to any of your information. :e restrict access to nonpublic personal information about you to those individuals and entities who need to know that information to provide products or services to you. :e will use our best efforts to train and oversee our employees and agents to ensure that your information will be handled responsibly and in accordance with this Privacy Policy. :e currently maintain physical, electronic, and procedural safeguards that comply with federal regulations to guard your nonpublic personal information. 2WKHU,PSRUWDQW,QIRUPDWLRQ
:e reserve the right to modify or supplement this Privacy Policy at any time. ,f our Privacy Policy changes, we will provide the new Privacy Policy before the new policy becomes effective. /ast Revision 12262019
Effective on 1012020
Order No. 140-2370903-20

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<our California Rights
,I\RXDUHD&DOLIRUQLDUHVLGHQW\RXPD\KDYHFHUWDLQULJKWVXQGHU&DOLIRUQLDODZLQFOXGLQJEXWQRWOLPLWHGWR WKH&DOLIRUQLD&RQVXPHU3ULYDF\$FW
&&3$
$OOSKUDVHVXVHGKHUHLQVKDOOKDYHWKHVDPHPHDQLQJDVWKRVH SKUDVHVXVHGXQGHUUHOHYDQW&DOLIRUQLDODZLQFOXGLQJEXWQRWOLPLWHGWRWKH&&3$ 5LJKWWR.QRZ
<ou have the right to know

x The categories of personal information we have collected about or from you

x The categories of sources from which we collected your personal information

x The business or commercial purpose for collecting or sharing your personal information

x The categories of third parties with whom we have shared your personal information and
x The specific pieces of your personal information we have collected. 3UoFess to 6ubmit a 5eTuest To submit a verified reTuest for this information you may visit our website at https
www.titleadvantage.comprivacypolicy.htm or call toll-free at (866) 241-7373. <ou may also designate an authori]ed agent to submit a reTuest on your behalf by visiting our website https www.titleadvantage.comprivacypolicy.htm or calling toll-free at (866) 241-7373 and then also submitting written proof of such authori]ation via e-mail to dataprivacy#octitle.com. 9eUiIiFation 0ethod ,n order to ensure your personal information is not disclosed to unauthori]ed parties, and to protect against fraud, we will verify your identity before responding to your reTuest. To verify your identity, we will generally match the identifying information provided in your reTuest with the information we have on file about you. Depending on the sensitivity of the personal information reTuested, we may also utili]e more stringent verification methods to verify your identity, including but not limited to reTuesting additional information from you andor reTuiring you to sign a declaration under penalty of perjury. 5LJKWRI'HOHWLRQ
<ou have a right to reTuest that we delete the SHUVRQDOLQIRUPDWLRQ we have collected from or about you. 3UoFess to 6ubmit a 5eTuest To submit a verified reTuest to delete you information you may visit our website at https
www.titleadvantage.comprivacypolicy.htm or call toll-free at (866) 241-7373. <ou may also designate an authori]ed agent to submit a reTuest on your behalf by clicking here or calling toll-free at (866) 241-7373 and then also submitting written proof of such authori]ation via e-mail to dataprivacy#octitle.com.
9eUiIiFation 0ethod ,n order to ensure we do not inadvertently delete your SHUVRQDOLQIRUPDWLRQ based on a fraudulent reTuest, we will verify your identity before we respond to your reTuest. To verify your identity, we will generally match the identifying information provided in your reTuest with the information we have on file about you. Depending on the sensitivity of the SHUVRQDO LQIRUPDWLRQ reTuested to be deleted, we may also utili]e more stringent verification methods to verify your identity, including but not limited to reTuesting additional information from you andor reTuiring you to sign a declaration under penalty of perjury. 5LJKWWR2SW2XW
:e do not sell your SHUVRQDOLQIRUPDWLRQ to third parties, and do not plan to do so in the future. 5LJKWRI1RQ'LVFULPLQDWLRQ
<ou have a right to exercise your rights under the CCPA without suffering discrimination. Accordingly, OC Title family of Companies will not discriminate against you in any way if you choose to exercise your rights under the CCPA. &DOLIRUQLD0LQRUV
,f you are a California resident under the age of 18, California %usiness and Professions Code 22581 permits you to reTuest and obtain removal of content or information you have publicly posted on any of our Applications or :ebsites. To make such a reTuest, please send an email with a detailed description of the specific content or information to dataprivacy#octitle.com. Please be aware that such a reTuest does not ensure complete or comprehensive removal of the content or information you have posted and there may be circumstances in which the law does not reTuire or allow removal even if reTuested. &ROOHFWLRQ1RWLFH
The following is a list of the categories of SHUVRQDOLQIRUPDWLRQ we may have collected about California residents in the twelve months preceding the date this Privacy 1otice was last updated, including the business or commercial purpose for said collection, the Order No. 140-2370903-20

Page 14 ends

categories of sources from which we may have collected the SHUVRQDOLQIRUPDWLRQ, and the categories of third parties with whom we may have shared the SHUVRQDOLQIRUPDWLRQ

&DWHJRULHVRI3HUVRQDO,QIRUPDWLRQ&ROOHFWHG
The categories of SHUVRQDOLQIRUPDWLRQ we have collected include, but may not be limited to

x real name
x 6ignature
x Alias
x 661
x physical characteristics or description,
including protected characteristics
under federal or state law
x address
x telephone number
x passport number
x driver
s license number
x state identification card number
x ,P address
x policy number
x file number
x employment history
x bank account number
x credit card number
x debit card number
x financial account numbers
x commercial information
x professional or employment
information
&DWHJRULHVRI6RXUFHV
Categories of sources from which we
ve collected SHUVRQDOLQIRUPDWLRQ include, but may not be limited to

x the consumer directly
x public records
x governmental entities
x non-affiliated third parties
x affiliated third parties
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The business purposes for which we
ve collected SHUVRQDOLQIRUPDWLRQ include, but may not be limited to

x completing a transaction for our Products
x verifying eligibility for employment
x facilitating employment
x performing services on behalf of affiliated and non-affiliated third parties x protecting against malicious, deceptive, fraudulent, or illegal activity &DWHJRULHVRI7KLUG3DUWLHV6KDUHG
The categories of third parties with whom we
ve shared SHUVRQDOLQIRUPDWLRQ include, but may not be limited to

x service providers
x government entities
x operating systems and platforms x non-affiliated third parties x affiliated third parties
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:e have not sold the SHUVRQDOLQIRUPDWLRQ of California residents to any third party in the twelve months preceding the date this Privacy 1otice was last updated, and we have no plans to sell such information in the future. :e also do not, and will not sell the SHUVRQDOLQIRUPDWLRQ of minors under sixteen years of age without affirmative authori]ation. 'LVFORVXUH1RWLFH
The following is a list of the categories of SHUVRQDOLQIRUPDWLRQ of California residents we may have disclosed for a business purpose in the twelve months preceding the date this Privacy 1otice was last updated. x real name
x 6ignature
x Alias
x 661
x physical characteristics or description,
including protected characteristics
under federal or state law
x telephone number
x passport number
x driver
s license number
x state identification card number
x ,P address
x policy number
x file number
x bank account number
x credit card number
x debit card number
x financial account numbers
x commercial information
x professional or employment
information
Order No. 140-2370903-20

Page 15 ends

x address x employment history
,f you have any Tuestions andor comments you may contact us

&DOO8Vat our toll free number (866) 241-7373
(PDLO8V at dataprivacy#octitle.com
Mail

Orange Coast Title
Attn
Privacy Officer
1551 1. Tustin Ave., 6te. 300
6anta Ana, CA 92705
Effective on 112019
Revised on 12232019 \actEnd@
Order No. 140-2370903-20

Page 16 ends

Orange Coast Title Company
2151 E. Convention Center :ay, 6uite 102
Ontario, CA 91764
909-987-5433
2:1(5¶6$)),'$9,7
6tate of BBBBBBBBBBBBBBBBBB ` 6.6. Order 1o.
140-2370903-20
County of BBBBBBBBBBBBBBBBBBB
The undersigned, BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB, (owner¶s name) being first duly sworn, depose and say as follows

1. That the undersigned isare the owner(s) of certain real property situated in the City of %everly Hills, County of /os Angeles and 6tate of California, commonly known as 129 6outh /inden Drive and more particularly described in 6chedule “A” attached hereto (the “Property”)

2. That within the last ninety (90) days, including the date hereof, no person, firm or corporation has furnished any labor, services or materials in connection with the construction or repair of any buildings, fixtures or improvements on the Property, E;CEPT (if work has been performed or materials furnished within the last (90) days, please explain fully and state whether payment for the same has been made in full)
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB.

3. That there are no present tenants, lessees or other parties in possession or who have a right to possession of said Property, E;CEPT
(if none, state “1one”) BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB.

4. That the undersigned hashave no knowledge of any taxes or special assessments which are not shown as existing liens by the public records other than as follows
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB.

5. That the taxes for ,nstallment BBB of fiscal year BBBBBB are paid. ,nstallment BBB of fiscal year BBBBBB is not yet due.

6. That the undersigned hashave no knowledge of, nor hashave the undersigned created, any violations of any covenants, restrictions, agreements, conditions or ]oning ordinances affecting the Property.

7. That Property is free of all liens, taxes, encumbrances and claims of every kind, nature and description whatsoever, except for the following mortgages or deeds of trust

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB and except for real estate and personal property taxes for ,nstallment BBB of fiscal year BBBBBB and subseTuent years.

8. That there are no mechanic¶s, materialmen¶s or laborer¶s liens against the above described Property, nor is any party entitled to assert any mechanic¶s, materialmen¶s or laborer¶s liens against the Property.

9. That there are no unrecorded leases or agreements affecting the Property, other than the Agreement of 6ale between the undersigned and BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB as purchasers of the Property dated BBBBBBBBBBBBBBB.

10. That there are no open, unexercised options to purchase or rights of first refusal to purchase the Property.

11. That no judgment or decree has been entered in any court of this 6tate or the 8nited 6tates against the undersigned and which remain unsatisfied, E;CEPT BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB.

12. The undersigned further state(s) that heshethey are each familiar with the nature of an oath and with the penalties under the
laws of the state for making false statements in any instruments of this nature. The undersigned further certify(ies) that they have read, this affidavit, or have had it read to them, and understand its context.

13. That ,:E have made this Affidavit for the purpose of inducing Orange Coast Title Company to issue one or more policy(ies) of title insurance insuring interests in the Property, and that said title company is relying on the statements set forth in this Affidavit in issuing said policies, free and harmless from and against any and all actions, causes, of action, loss, cost, expense, or damages that may be brought against or suffered or incurred by Orange Coast Title Company or its underwriters, in relying Order No. 140-2370903-20

Page 17 ends

on the truth and accuracy of the statements contained herein. %y

1ame

A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy or validity of that document. 6tate of BBBBBBBBBBBBBBBBBBB ` 6.6. County of BBBBBBBBBBBBBBB On BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB, before me, BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB, personally appeared BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) isare subscribed to the within instrument and acknowledged to me that heshethey executed the same in hishertheir authori]ed capacity(ies), and that by hishertheir signature(s) on the instrument the person(s) or the entity upon behalf of which the person(s) acted, executed this instrument.
, certify under PE1A/T< OF PER-8R< under the laws of the 6tate of California that the foregoing paragraph is true and correct.
:,T1E66 M< HA1D and OFF,C,A/ 6EA/
6ignature

BBBBBBBBBBBBBBBBBBBBBBBBBBBB
(1otary 6eal)
Order No. 140-2370903-20

Page 18 ends

([KLELW³$´
/ot 40 of Tract 1o. 6648, in the City of %everly Hills, County of /os Angeles, 6tate of California, as per Map recorded in %ook 71,

Page 48 ends

Order No. 140-2370903-20

Page 19 ends

Orange Coast Title Company
2151 E. Convention Center :ay, 6uite 102
Ontario, CA 91764
909-987-5433
'(&/$5$7,212)2&&83$1&<

/RDQ7UDQVDFWLRQ

The undersigned, BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB, (owner¶s name) depose(s) and say(s) as follows

1. The undersigned isare the owner(s) of certain real property situated in the City of %everly Hills, County of /os Angeles and 6tate of California, commonly known as 129 6outh /inden Drive, herein referred to as “Property”

2. The undersigned isare obtaining a loan from BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB to be secured by a Deed of Trust against the Property, which is the subject of this transaction.

3. The undersigned currently occupy the Property as the undersigned¶s principal address, and intend to continue to occupy the same as the undersigned¶s principal residence following the close of this transaction.

4. The undersigned understand(s) that Orange Coast Title Company is relying on this information in calculating the recording fees for all real estate instruments, papers, and notices recorded in connection with this transaction in accordance with &DOLIRUQLD*RYHUQPHQW&RGH D

5. The undersigned agree(s) to indemnify and hold Orange Coast Title Company harmless from and against, and to pay any additional recording fees andor penalties arising out of, or in connection with, the inaccuracy of the information set forth herein.

The undersigned declare(s) under penalty of perjury under the laws of the 6tate of California that the foregoing is true and correct, and that this Declaration was executed on BBBBBBBBBBBBB, at BBBBBBBBBBBBBBBBBBBBBB, BBBBBBBBBBB.
%y
%y

1ame
1ame

Order No. 140-2370903-20

Page 20 ends

CERTIFICATION OF TRUST
38568$1772&$/,)251,$352%$7(&2'(6(&7,21
I (We) BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB , trustee(s) confirm the following facts:

1. The BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB (Name of Trust) is currently in existence and was created on BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB (Date of Creation of Trust).

2. The Trust was amended on BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB (or enter “No Amendments”)

3. The settler(s) of the trust are as follows: BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

4. The currently acting trustee(s) of the trust is (are):

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

5. The power of the trustee(s) includes:
(a) The powers to sell, convey and exchange > @ YES > @ NO (check one) (b) The powers to borrow money and encumber the trust property with a deed of trust or mortgage > @ YES > @ NO (check one)

6. The trust is: (check the applicable box)
(a) revocable > @;
(b) irrevocable > @ and the following party (ies), if any, is (are) identified as having the power to revoke the trust:

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

7. The trust: (check the applicable box)
(a) does have multiple trustees > @;
(b) does not have multiple trustees > @; If the trust has multiple trustees, the signatures of all the trustees or of any BBBBBBBBBBB of the trustees is required to exercise the powers of the trust.

8. The trust identification number is as follows: BBBBBBBBBBBBBBBBBB (Social Security No./Employee ID)

9. Title to trust assets shall be taken in the following fashion:

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB The undersigned trustee(s) hereby declare(s) that the trust has not been revoked, modified, or amended in any manner, which would cause the representations, contained herein to be incorrect. The certification is being signed by all currently acting trustee(s) and is being executed in conformity with the provision of California Probate Code Section 18100.5, Chapter 530, Statutes of 1993.

Document Date: BBBBBBBBBBBBBBBBBBBBBBBBB
by: BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB by: BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy or validity of that document.

State of California
County of BBBBBBBBBBBBBBB ` S.S.

On BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB, before me, BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB, personally appeared BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) isare subscribed to the within instrument and acknowledged to me that heshethey executed the same in hishertheir authori]ed capacity (ies), and that by hishertheir signature(s) on the instrument the person(s) or the entity upon behalf of which the person(s) acted, executed this instrument.
, certify under PE1A/T< OF PER-8R< under the laws of the 6tate of California that the foregoing paragraph is true and correct.
:,T1E66 M< HA1D and OFF,C,A/ 6EA/
6ignature

BBBBBBBBBBBBBBBBBBBBBBBBBBBB
(1otary 6eal)

NOTICE

PLEASE BE ADVISED THAT THE DATA AND

INFORMATION FROM THE PUBLIC RECORDS

CONTAINED HEREIN WILL NEED TO BE

UPDATED PRIOR TO CLOSING AS MANY

COUNTY FACILITIES ARE CLOSED OR HAVE

LIMITED STAFFING AS A RESULT OF THE
CORONAVIRUS PANDEMIC. IF THE

INFORMATION FROM THE COUNTY IS NOT

AVAILABLE THERE WILL BE ADDITIONAL

REQUIREMENTS IN ORDER TO CLOSE AND
INSURE THIS TRANSACTION. PLEASE CONTACT
YOUR LOCAL TITLE OFFICER FOR DETAILS.

Order No. 140-2370902-20

Page 1 ends

@ExtractStart@ 2UDQJH&RDVW7LWOH&RPSDQ\
2151 E. Convention Center :ay, 6uite 102
Ontario, CA 91764
909-987-5433
35(/,0,1$5<5(3257
Orange Coast Title Company
2151 E. Convention Center :ay, 6uite 102
Ontario, CA 91764
$WWHQWLRQ
Tom .rystkowiak <RXUQR
2370902-T.
3URSHUW\DGGUHVV
9744 :ilshire %oulevard, %everly Hills, CA 90212 2UGHUQR 140-2370902-20
'DWHG
-une 8, 2023
,n response to the above referenced application for a policy of title insurance, 2UDQJH &RDVW 7LWOH &RPSDQ\ hereby reports that it is prepared to issue, or cause to be issued, as of the date hereof, a Policy or Policies of Title ,nsurance describing the land and the estate or interest therein hereinafter set forth, insuring against loss which may be sustained by reason of any defect, lien or encumbrance not shown or referred to as an Exception below or not excluded from coverage pursuant to the printed 6chedules, Conditions and 6tipulations of said Policy forms.

Dated as of May 19, 2023 at 7
30 AM

BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
Ranny Harper, Title Officer
Email
rannyh#octitle.com
Ph
909-987-5433
Fax
714-415-7961
Order No. 140-2370902-20

Page 2 ends

7KHIRUPRISROLF\RIWLWOHLQVXUDQFHFRQWHPSODWHGE\WKLVUHSRUWLV

A./.T.A. /oan Policy (06-17-06)
6FKHGXOH³$´
7KHHVWDWHRULQWHUHVWLQWKHODQGKHUHLQDIWHUGHVFULEHGRUUHIHUUHGWRFRYHUHGE\WKLVUHSRUWLV

A Fee
7LWOHWRVDLGHVWDWHRULQWHUHVWDWWKHGDWHKHUHRILVYHVWHGLQ

Ely Dromy and -udy Dromy, Trustees of the Dromy 1995 Family Trust dated December 12, 1995, an undivided 28 percent interest, 9300 :ilshire //C, a Delaware limited liability company, an undivided 10.55 percent interest, 9300 :ilshire Fee, //C, a Delaware limited liability company, an undivided 43.95 percent interest, 1112 ,nvestment Company, //C, a California limited liability company, an undivided 5.00 percent interest, and E.D. Flores, //C, a California limited liability company, an undivided 2.5 percent interest and E-T :ilshire /inden, //C, a California limited liability company, an undivided 10 interest 7KH ODQG UHIHUUHG WR LQ WKLV UHSRUW LV VLWXDWHG LQ WKH &LW\ RI %HYHUO\ +LOOV WKH &RXQW\ RI /RV $QJHOHV 6WDWH RI &DOLIRUQLD DQG LV GHVFULEHGDVIROORZV

/ots 38 and 39 of Tract 1o. 6648, in the City of %everly Hills, in the County of /os Angeles, 6tate of California, as per Map recorded in %ook 71, Page 48 of Maps, in the Office of the County Recorder of said County.

Assessor
s Parcel 1umbers(s)
4328-009-021
Order No. 140-2370902-20

Page 3 ends

6FKHGXOH³%´
$WWKHGDWHKHUHRIH[FHSWLRQVWRFRYHUDJHLQDGGLWLRQWRWKHSULQWHGH[FHSWLRQVDQGH[FOXVLRQVFRQWDLQHGLQVDLGSROLF\IRUP ZRXOGEHDVIROORZV

1 *eneral and 6pecial taxes for the fiscal year 2023-2024, including any assessments collected with taxes. A lien not yet payable.

Total amount

1st installment
, Paid
Penalty
(after 12122022)
2nd installment

, Paid
Penalty
(after 04102023)
Code area 02410 - City of %everly hills - 10
Parcel 1o.

Exemption 1one 6hown
1OTE
Taxes above mentioned have all been paid and are reported for proration purposes only. 3 6upplemental taxes including special assessments andor personal property taxes if any, for the fiscal year 2020-2021. 1st installment

paid
2nd installment

paid
%ill 1o.
1RQH6KRZQ
6upplemental 1o.

4 6upplemental taxes including special assessments andor personal property taxes if any, for the fiscal year 2021-2022. 1st installment
paid
2nd installment
paid
%ill 1o.
1RQH6KRZQ
6upplemental 1o.

5 The /ien of future supplemental taxes, if any, assessed pursuant to the provisions of section 75, et seT of the revenue and taxation code of the 6tate of California
6 An instrument, upon the terms and conditions contained therein Entitled
Covenant (Automobile Parking on /ots 38 and 39 of Tract 6648 for %uilding on /ots 35 and 36 of Tract 6648)
Recorded
12051957, as ,nstrument 1o. 3904, Official Records
Reference is hereby made to the above document for full particulars.

This covenant and agreement shall run with the land and be binding upon any future owners, encumbrances, their successors, heirs or assigns and shall continue in effect until the county or the authority approves its termination. 7 An Oil and *as /ease affecting this and other property executed by the owner of said land and by others as owners of other land, for the term and upon the terms, covenants and provisions therein provided Recorded
02101965, as ,nstrument 1o. 4151, Official Records.

Order No. 140-2370902-20

Page 4 ends

6aid lease affects that portion of said land lying below a depth of 500 feet from the surface thereof without right of surface entry.
8 A Deed of Trust to secure the indebtedness of
Amount

Trustor
(O\'URP\DQG-XG\'URP\7UXVWHHVRIWKH'URP\

)DPLO\7UXVWGDWHG'HFHPEHU

DQXQGLYLGHGSHUFHQWLQWHUHVW
:LOVKLUH//&D'HODZDUHOLPLWHG
OLDELOLW\FRPSDQ\DQXQGLYLGHGSHUFHQWLQWHUHVW :LOVKLUH)HH//&D
'HODZDUHOLPLWHGOLDELOLW\FRPSDQ\DQXQGLYLGHG
SHUFHQWLQWHUHVW
,QYHVWPHQW&RPSDQ\//&D&DOLIRUQLDOLPLWHGOLDELOLW\FRPSDQ\DQXQGLYLGHG SHUFHQWLQWHUHVWDQG(')ORUHV//&D&DOLIRUQLDOLPLWHGOLDELOLW\FRPSDQ\DQ XQGLYLGHGSHUFHQWLQWHUHVW
Trustee
:est ,nvestment ,nc., a California Corporation
%eneficiary
East :est %ank
Dated
08082019
Recorded

DV,QVWUXPHQW1R
of Official Records
6aid Deed of Trust contains a provision that the 1OTE secured thereby provides for a variable interest rate and allows periodic adjustments in the rate of interest.
6aid matter affects the herein described land and other land. 9 An instrument, upon the terms and conditions contained therein Entitled
Memorandum of Teancy-in-Common Agreement
Dated
12282020
Executed by and between
E-T :ilshire /inden, //C, a California limited liability company, 1112 ,nvestment Company, //C, a California limited liability company, 9300 :ilshire //C, a Delaware limited liability company, 9300 :ilshire Fee, //C, a Delaware limited liability company, E.D. Flores, //C, a California limited liability company and Dromy 1995 Family Trust dated December 12, 1995
Recorded
02032021, 2021-189209 of Official Records
10 A lien for unsecured property taxes in favor of the tax collector, County of /os Angeles
Amount

Taxpayer
(')ORUHV//&
<earaccount no.
2249952581
Recorded
as ,nstrument 1o.
, Official Records
11 The reTuirement that we be furnished a copy of the 'URP\

)DPLO\ Trust and any amendments thereto. A certification of said trust may be acceptable if made pursuant to probate code section 18100.5 and Tualified as a trust under section 82 of probate code.
12 This company will reTuire a copy of the Certificate of Registration to transact business in the 6tate of California for 9300 :ilshire //C, a Dleaware limited liaibilty company, a copy of the articles of organi]ation certified by authorities of the state of origin, and copies of any management agreements or operating agreements together with a current list of all members of said limited liability company.
13 This company will reTuire a copy of the Certificate of Registration to transact business in the 6tate of California for 9300 :ilshire Fee, //C, a Delaware limited liability company, a copy of the articles of organi]ation certified by authorities of the state of origin, and copies of any management agreements or operating agreements together with a current list of all members of said limited liability company.

Order No. 140-2370902-20

Page 5 ends

14 The reTuirement that we be provided

(1) A copy of the filed articles of organi]ation of E-T :ilshire /inden, //C, a limited liability company. (2) A current list of the names of said limited liability company members. (3) A copy of said limited liability company
s operating agreement, with a verified certificate that the operating agreement is a true and correct copy of the agreement now in effect. 17 Rights of parties in possession of said land by reason of unrecorded leases, if any. Please forward said leases for our examination.
18 Any facts, rights, interest or claims which may be shown by an inspection of the land or which may be disclosed by inTuiry of persons in possession of said land.
19 (A) Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records

Page 6 ends

1ote
this company does reTuire current beneficiary demands prior to closing. ,f the demand is expired and a correct demand cannot be obtained, our reTuirements will be as follows

A. ,f this company accepts a verbal update on the demand, we may hold an amount eTual to one monthly mortgage payment.

Order No. 140-2370902-20

Page 7 ends

2UDQJH&RDVW7LWOH&RPSDQ\
2151 E. Convention Center :ay, 6uite 102
Ontario, CA 91764
909-987-5433
$WWHQWLRQ

A commercial property known as
9744 :ilshire %oulevard, in the City of %everly Hills, County of /os Angeles, 6tate of California.

C. The only conveyance(s) affecting said land recorded within 24 months of the date of this report are as follows

*rantor
1112 ,nvestment Company, //C, a California limited liability company *rantee
E-T :ilshire /inden, //C, a California limited liability company, an undivided 10 interest
Recorded
1262021 as ,nstrument 1o. 2021-138527, Official Records.

Order No. 140-2370902-20

Page 8 ends

Thank you for your support of 2UDQJH&RDVW7LWOH&RPSDQ\. :e hope that this makes your job a little easier.

Order No. 140-2370902-20

Page 9 ends

([KLELW³$´
/ots 38 and 39 of Tract 1o. 6648, in the City of %everly Hills, in the County of /os Angeles, 6tate of California, as per Map recorded in %ook 71, Page 48 of Maps, in the Office of the County Recorder of said County.