PSAC, DEVELOPMENT PARTNERS, L.P, A CALIFORNIA LIMITED PARTNERSHIP

Home Browse Search

Attachment "A" Legal Description of the Property All that certain real property situated in the County of Orange, State of California, described as follows: ALL THAT CERTAIN REAL PROPERTY SITUATED IN THE CITY OF SANTA ANA, COUNTY OF ORANGE, STATE OF CALIFORNIA, DESCRIBED AS FOLLOWS: PARCEL A: PARCEL I OF LOT LINE ADJUSTMENT NO. LL98-012, IN THE CITY OF SANTA ANA, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS RECORDED FEBRUARY 24, 1999 AS INSTRUMENT NO. 1999-130744 OF OFFICIAL RECORDS. EXCEPTING THEREFROM, ALL OIL, GAS, PETROLEUM AND OTHER MINERAL OR HYDROCARBON SUBSTANCES IN AND UNDER OR WHICH MAY BE PRODUCED FROM SAID LAND, TOGETHER WITH THE RIGHT TO USE THAT PORTION ONLY OF SAID LAND WHICH UNDERLIES A PLANE PARALLEL TO FIVE HUNDRED FEET (500') BELOW THE PRESENT SURFACE OF SAID LAND FOR THE PURPOSE OF PROSPECTING FOR, DEVELOPING AND/OR EXTRACTING SAID OIL, GAS, PETROLEUM AND OTHER MINERAL OR HYDROCARBON SUBSTANCES FROM SAID LAND, BY MEANS OF WELLS DRILLED INTO SAID SUBSURFACE OF SAID LAND FROM DRILL SITES LOCATED ON OTHER LAND, IT BEING EXPRESSLY UNDERSTOOD AND AGREED THAT SAID BEN F. KENNEDY, HIS HEIRS AND ASSIGNS, SHALL HAVE NO RIGHT TO ENTER UPON THE SURFACE OF SAID LAND, OR TO USE SAID LAND OR ANY PORTION THEREOF, TO SAID DEPTH OF FIVE HUNDRED FEET (500') FOR ANY PURPOSE WIIATSOEVER, AS RESERVED IN DEED FROM BEN F. KENNEDY RECORDED MARCH 31, 1972 IN BOOK 10062, PAGE 40 OF OFFICIAL, RECORDS OF ORANGE COUNTY. PARCEL B: AN EASEMENT FOR ROAD PURPOSES IN THAT CERTAIN "ROAD EASEMENT" RECORDED AUGUST 27, 1999 AS INSTRUMENT NO. 1999-626238 OF OFFICIAL RECORDS, OVER THAT PORTION OF PARCEL 3, IN THE CITY OF SANTA ANA, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS SHOWN ON A MAP FILED IN BOOK 65, PAGE I I OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY, AS MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT THE SOUTHWEST CORNER OF SAID PARCEL 2, AS RECORDED IN ORANGE COUNTY DEED RECORDS; THENCE SOUTH 89° 39' 18" EAST, A DISTANCE OF 150.98 FEET TO A POINT FOR CORNER, THE POINT OF BEGINNING OF SAID EASEMENT; THENCE SOUTH 000 17' 08" WEST, A DISTANCE OF 87.00 FEETTO A POINT FOR CORNER IN TI LE SOUTH PROPERTY LINE OF AN EXISTING SOUTHERN CALIFORNIA EDISON RIGHT OF WAY AND THE NORTH RIGHT OF WAY LINE OF MACARTHUR BOULEVARD; THENCE SOUTH 890 39' 18" EAST, A DISTANCE OF 30.00 FEET TO A POINT FOR CORNER, SAID POIN'r BEING ALSO IN THE PROPERTY LINE FOR SAID PARCEL 2; THENCE NORTH 000 1 T 08" EAST WITH THE PROPERTY LINE OF SAID PARCEL 2, A DISTANCE OF 87.00 FEET TO A POINT FOR CORNER OF SAID PARCEL 2; THENCE NORTH 890 39' 18" WEST, A DISTANCE OF 30.00 FEET TO THE POINT OF BEGINNING. APN: 415-031-31 10