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Estate of Virginia Piedmont - Order Confirming Sale of Property LAW OFFICES OF JACOBS Be BIAFORE GILROY, CALIF. TELEPHONE 842-3141 '''[ Ue :<:ns. (~: Tru::;t C)mpany .0. POX 2''1:., Gilrc,y, Ca. 95020 :;Y 016 3p ~~41-3-"7~ A/OF :.'hen rwcordcd HaLl to 4.;197989 iOti 0123 i>;Gt 227 (SPACE BELOW FOR FILING STAMP ONLY) 1 2 3 4 5 6 7 81 I " (ENDORSED) F N(~V !~ ,~Z D OlG.t\ PFEIFLE ,\C"I'G, COUNTY CLERK & RlCDIIDII BY.. J VOl.LMER D~PU1Y JACOBS & BIAFORE PRINCEVALLE AT FIRST P. O. Box 458 GILROY. CALIFORNIA 95020 TELEPHONE: (408) 842-3141 bot> Attorneys for: Co-Administrators IN THE SUPERIOR COURT OF THE STATE OF CALIFORNIA IN AND FOR THE COUNTY OF SANTA CLARA 9 10 11 Estate of 12 VIRGINIA PIEDMONT, also known as VIRGINIA PEDEMONTE, Deceased. ) ) ) ORDER CONFIRMING SALE OF \ REAL PROPERTY ) \ J No. 60812 13 I- i III ' ~ ,I 15 'I I\PIEDMONT and RICHARD PIEDMONT, as Co-Administrators of the estate 16 [of VIRGINIA PIEDMONT. alias. deceased. for confirmation of sale of The verified return of sale and petition of EDMUND H. 17 18 real property hereafter described. BRUCE M. JACOBS, ESQ., appearing for the petitioners, came on regularly for hearing on 9, 1972. The Court, after examining the return and and hearing the evidence, finds that: 1. Notice of the hearing on the return and petition has been prescribed by law. 2. After due publication of notice of sale, the Co- Administrators of the estate of decedent, sold on October 6, 1972, at private sale the real property belonging to the estate described herein to THE CITY OF GILROY, a Mur.tcipal Corporation, for the sum of Forty Thousand ($40,000.00) Dollars cash, subject to confirmation of sale by this Court. Rental, taxes, and insurance on the property are to be prorated as of the date of confirmation of sale, and 19 20 21 22 23 24 25 26 27 28 29 30 31 escrow charges, examinat~on of title, recordi.ng of conveyance, any transfer tax, and any t~7th~ in,'>Lt'lmee policy are to be at the 32 expense of the purchaser. LAW OFFICES OF JACOBS Be BIAFORE GILROY. CALIF. TELEPHONE 842-3141 BOOK .J):t2Jr.\~i 2.28 1 3. The sale was made subject to current taxes, covenants, 2 conditions, restrictions, reservations, rights, rights of way, and 3 easements of record. 4 4. The sale was legally made and fairly conducted, and ndice 5 of the time, place, and terms of sale was given as prescribed by 6 law. Good reason existed for the sale. 7 5. The reol property has been appraised within one year of 8 the sale and the sum offered at the sale is at least 90% of the 9 appraised value and is not disproportionate to thE': value of the 10 property sold. 11 6. A sum exceeding th(~ bi.d by at least 10% on the first 12 13 $10,000 bid and 5% on the amount of the bid in excess of $10,000, exclusive of the expenses of a new sale, COL1ld not be obtained. 7. No real estate broker was employed to secure the purchaser of the property. ~. Petitioners desire to deposit said sale proceeds in the amount of $40,000.00 pursuant to Probate Code Section 541.1 when 14 15 16 17 18 19 received and file a receipt therefor with the Court ~o as to eliminate the necessity of additional bond; that it is to the advantage of the estate to thus reduce the expense of bond premiums 20 21 22 IT IS ORDERED that: 1. The sale so made of all right, tltle and lnterest of the 23 estate in the real property described below to THE CITY OF GILROY, 24 25 26 27 28 29 a Municipal Corporation, is confirmed; and upon receipt of the purchase price the Co-Administrators of decedent's estate are authorized and directed to execute and deliver a deed of conveyance to the purchaser. The real property is described as follows: All that certain real property in the City of Gilroy, County of Santa Clara, State of California, described as follows: 30 31 BEING a portion of Lots 9 and 10 as shown upon that certain mE.p entitled "map of the Subdivision of Las Animas Sub Lot 11 and Las Animas Ranch Lot 39 in the Rancho Las Animas and City of Gilroy, County of Santa Clara, State of California", which map was 32 -2- 11 2 3 4 5 61 7 8 9 10 11 12 13 2. in!);: 01.2:3 h'GE229 filed for record in the office of the recorder of the County of Santa Clara, State of California, on August 12, 1886 in Volume "F1" of Maps, at Page 4. BEGINNING at the point of intersection of the common line between Lot 7 and Lot 10 and the common line between Lot 10 and Lot 11, and running thence N. 700 30' 47" E. 537.77 feet to the point of inter- section with the southwesterly line of that certain 2.415 acre parcel conveyed by grant deed to the State of California, recorded in the office of the said Recorder in Book 9008 of Official Records at page 173 therein; Thence along said southwesterly line S. 230 1+4' 43" E. 317. 89 fee t; The nc e S. 70 0 .3 0 ' 47" \1. 5 61. 3 6 feet more or less to the point of intersection with the said common line between Lots 10 and 11 Thence along the said common line of Lots 10 and 11, N. 190 29' 13" W., 317.05 feet to the point of beginning and containing 4.00 acres of land.:~~ Rentals, taxes, and insurance on the real property shall 14 be prorated as of the date of this order. 15 3. Escrow charges, ~ost of examination of title to the real 16 17 property, recording of the conveyance, transfer taxes, and any titl insurance on the real property shall be borne by the purchaser. 19 18 4. Pursuant to Probate Code Section 541.1, the sale proceeds 20 in the amount of $40,000.00 be depos ited and a receipt therefor be filed with this Court, thus eliminating the necessi.ty of additional 21 bond. 221 23 24 25 26 27 28 29 30 31 32 LAW OFFICES OF JACOBS 8c BIAFORE GILROY. CALIF. TELEPHONE 842.3141 Dated: November 9, 1972 The foregoing instrument is a correct copy of the original on file in this office. ArrEST: NOV 9 -1972 Clerk County Clerk and e.-offlelo Clerk of the Saperlor Court of the State of CaUfornJa fa aud. )~r,the ;.~~ of Sata Clara. Dv. ~' / . f-'{:k::!!f;)t-'. Deputy (./ EDWARD A. PANEW Judge of the Superior Court 439798B. . - ........ BOOK RECORDED AT THE REQUEsr OF Title Insurance and Trust Com an) NO V 2 2 1972 8: 0 AI ,. - -' Recordel r SANTA CLARA COUNTY, OFFICIAL REO itDS -3- OLGA PFEIFLE' ACT/G. COUNTY CU.R!{. & RECOP.n_ ~