commonly known as: DEPAUW STREET, PACIFIC PALISADES, CALIFORNIA 90272

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1 Approved as to form by City Attorney RECORDING REQUESTED BY The City of Los Angeles When Recorded Mail to and Mail Tax Statements to: David Rabizadeh Buenaventura Street Woodland Hills Ca 9!3 64 DOC. TRANS. TAX: $!, L.A. County (80) $6, L.A. City (44) COMPUTED ON FULL VALUE OF THE PROPERTY DEPARTMENT OF GENERAL SERVICES GRANT DEED Asset Management Division APN: THE CITY OF LOS ANGELE ""a municipal corporation, in consideration of ONE MILLION FIVE HUNDRED FORTY THOUSAI'w DOLLA.RS ($1,540,000.00) paid, the receipt of which is hereby acknowledged, does hereby GRANT TO DAVID RABIZADEH, A MARRIED MAN AS HIS SOLE AND SEPARATE PROPERTY The real property in the City of Los Angeles, County of Los Angeles, State of California, described as: LEGAL DESCRIPTION: See attached EXHIBIT "A" commonly known as: DEPAUW STREET, PACIFIC PALISADES, CALIFORNIA EXCEPTING AND RESERVING unto the City of Los Angeles, all oil, gas, water, and mineral rights now vested in the City of Los Angeles without, however, the right to use the surface of said land or any portion thereof to a depth of 500 feet below the surface, for the extraction of such oil, gas, water and minerals. SUBJECT to covenants, conditions, restrictions, reservations, easements, encroachments, rights and rights-of-way of record or which are apparent from a visual inspection of the real property. SUBJECT property is sold in an "AS IS" condition, and without any warranty as to fitness for use, fitness for a particular use, or condition of the property, and that the seller has no obligation to correct any condition of the property, whether known before or after the date of sale. SUBJECT to the terms and conditions of the California Coastal Commission Permit No A9, and NOTICE that the park created by the restoration program identified in the Permit is deeded for public purposes in perpetuity. This deed is made in accordance with provisions of Ordinance No of the City of Los Angeles.

2 IN WITNESS WHEREOF, City of Los Angeles, a Municipal Corporation, by its City Council, has caused this Grant Deed to be executed on its behalf, by its Mayor, and its corporate seal to be thereto affixed by its City Clerk, this 2-1 ~.:t day of 1-.:..~or..._.._"Y, Attest: JUNE LAGMA Y, City Clerk "'n e '!1-t=--- By _ lr--..jl. ' lj

3 STATE OF CALIFORNIA} SS COUNTY OF LOS ANGELES } On Fe bc<.<v '( Z.l, 2o IS before me, Ma ",('( M<::>f«te.S personally appeared, A"-to~;" R. V~d... ra\ j" s"- who proved to me on the basis of satisfactory evidence to be the person(.g1" whose name, 0 is/f)~'(> subscribed to the within instrument and acknowledged to me that he/s)te/they executed the same in hisihp/th.e'!r authorized capacity(ies'), and that by his/h,of/th\(!r signatur~ on the instrument the personvj, or the entity upon behalf of which the perso;j &) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature /]1~ ~ My Commission expires A"'-j 'f, ;a, I 5 THIS AREA FOR OFFICIAL NOTARIAL SEAL

4 JOB TITLE: Auction Sale of Surplus Property DePauw Street Pacific Palisades CA APN: THE CITY OF LOS ANGELES, a municipal corporation GRANTS TO DAVID RABIZADEH, A Married Man as his sole and separate property GRANT DEED CADASTRAL MAP: "'-'l2""6""b""12""5'----- Approved as to Authority Date::J./.!~/~ojJ. Executed in Accordance with Ordinance No.l82258 Approved as to Description Approved as to Form & Legality Date:,.. J.,?.()if.. CARMEN A. TRUTANICH, City Attorney Council File No

5 EXHIBIT "A" Lot 22 in Block 19 of Tract No. 9300, in the City of Los Angeles, County of Los Angeles, State of California, as per map recorded in Book 125 Pages 55 through 78 inclusive of Maps, in the office of the Los Angeles County Recorder. EXCEPT THEREFROM all oil, gas, minerals and other hydrocarbon substances below a depth of 500 feet, without the right of surface entry, as reserved in an instrument recorded June 28, 1985 as Instrument No , Official Records.

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