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HomeMy WebLinkAboutFARKAS, R. BARBARA; TRUSTEE OF THE FARKUS TRUST-2007 " .f e - A-2007 -225 OCT 1 6 2007 O. pwA (2.) . ~ncl.v ub-mfZ" l\eI\'I' \lbfee~URCHASE AND SALE AGREEMENT AND BILATERAL ESCROW INSTRUCTIONS FOR ACQUISITION OF REAL PROPERTY (Residential) THIS AGREEMENT (hereinafter "PSA"), entered into on Od-obev- i ,2007, between the CITY OF SANTA ANA, a charter city and municipal corporation duly organized under the Constitution and laws of the State of California (hereinafter "City" or "B~yer"), and R. Barbara Farkas, Trustee of the Farkas Trust Dated December 20, 198~ 'tRUS T B. ~ (hereinafter "Seller"), regardless of number or gender; THEREFORE, for and in consideration of their mutual promises, covenants and agreements, and subject to the terms, conditions and provisions of this Agreement, Seller agrees to sell to City, and City agrees to purchase from Seller, all that certain real property located in the State of California, County of Orange, City of Santa Ana (hereinafter "Said Real Property") described as follows: SEE EXHIBIT "A" ATTACHED HERETO AND BY THIS REFERENCE MADE A PART HEREOF (Commonly known as 818 S. Bristol Street, Santa Ana, Ca) Said purchase and sale of Said Real Property shall be in accordance with and subject to all of the following terms, conditions, promises, covenants, agreements and provisions, to wit: 1. Conveyance bv Seller. Seller agrees to convey Said Real Property to City, by Grant Deed, at the office of First American Title Insurance Company, located at 2 First American Way, Santa Ana, Ca 92707, within thirty (30) days from and after the date on which the City has approved this PSA. The City acknowledges and confirms that it possesses the power of eminent domain with respect to Said Real Property. The City further acknowledges and confirms that, had seller not agreed to transfer title to Said Real Property to the potential purchaser, it could be expected that the City would have pursued acquisition of Said Real Property by other means, which in proper circumstances could have included the exercise of City's power of eminent domain to acquire Said Real Property by condemnation. 2. Title to be Conveyed. Seller agrees that, except as may hereinafter be expressly provided, Said Real Property shall be conveyed by Seller to City, as aforesaid, free and clear of any and all conditions, restrictions, reservations, exceptions, easements, assessments, profits, limitations, encumbrances (including any and all leases), liens, clouds or defects in title, except those exceptions shown in Paragraph 15 below. Seller hereby warrants that the title to Said Real Property shall be free and clear as provided above. Seller further agrees that acceptance by City of any deed to Said Real Property, with or without knowledge of any condition, restriction, reservation, exception, easement, assessment, profit, limitation, encumbrance (including any and all leases), lien, cloud or defect in title, shall not constitute a waiver by City of its right to the full and clear title hereinabove agreed to be conveyed by Seller to City, nor of any right which might accrue to City because of the failure of Seller to convey title as hereinabove provided. With regard only to the improvements to Said Real Property, City agrees to accept Said Real Property in its "As-Is" condition. Page 1 of? Seller's lnitials ~ 1- <, e e 3. Title Insurance. City shall procure a policy of title insurance to be issued by the above mentioned title insurance company, with the City therein named as the insured, in the amount of Six Hundred Thirty Five Thousand and No/100 ($635,000), insuring that title to Said Real Property is free and clear of any and all conditions, restrictions, reservations, exceptions, easements, assessments, profits, limitations, encumbrances (including any and all leases), liens, clouds or defects in title, excepting those indicated in Paragraph 15. Acceptance by City of any such policy of title insurance, whether such insurance complies with the requirements of this paragraph or not, shall not constitute a waiver by City of its right to such insurance as is herein required, nor a waiver by the City of any rights of action for damages or any other rights which may accrue to City by reason of the failure of Seller to convey marketable title as required in this PSA. 4. Escrow. City agrees to open an escrow at the office of First American Title Insurance Company (hereinafter "Escrow Agent") within five (5) days from and after the date on which the City has approved this PSA. This PSA constitutes the bi-Iateral escrow instructions of the City and the Seller and a duplicate original of this PSA shall be delivered to the Escrow Agent upon the opening of the escrow. Escrow is to close within 90 days of the City's execution of this PSA. The Escrow Agent hereby is empowered to act in accordance with the terms, conditions and provisions of this PSA, and shall carry out its duties as Escrow Agent hereunder upon indicating its written acceptance of this Section 4, and of the General Provisions described in Exhibit "B" attached hereto and incorporated herein by this reference, delivered to the City and to the Seller within five (5) days after delivery of this PSA. City agrees to pay, and Escrow Agent is hereby authorized to charge to the City, the cost of any transfer taxes, recording fees, cost of title insurance, reconveyance fees, document preparation fees, escrow fees and any other closing costs incidental to the conveying of Said Real Property to City. Penalties for prepayment of bona fide obligations secured by any existing deed of trust or mortgage shall be waived pursuant to Civil Code Procedures Section 1265.240. Escrow Agent's liability under this PSA is limited to the performance of obligations imposed upon it under Section 4, Section 6, Section 11 and Exhibit "B" of the General Provisions of this PSA. 5. Property Taxes. Real property taxes, if any, on Said Real Property for the fiscal year in which Said Real Property is conveyed to City, as are unpaid at the time of said conveyance, shall be cleared and/or paid in accordance with the provisions of Section 4986 of the Revenue and Taxation Code of the State of California. Seller shall be eligible for a refund under Section 5096.7 of the Revenue and Taxation Code of the State of California for that portion of property taxes on Said Real Property for said fiscal year which have been paid prior to the date the deed conveying Said Real Property to City is recorded which is allocable to that portion of the fiscal year which begins on the date the deed conveying Said Real Property to City is recorded and made uncollectible if unpaid by reason of Section 4986 of the Revenue and Taxation Code of the State of California. All unpaid taxes on Said Real Property for any and all years prior to the fiscal year within which said conveyance is made shall be paid by Seller before conveyance of Said Real Property to City. 6. Payment of Purchase Price. City agrees to pay to Seller, and Seller agrees to accept from City, as and for the full purchase price for Said Real Property, including improvements to Page 2 of7 Seller's Initials ~ "'1-' " I e e , , Said Real Property, and business goodwill, if any, the total sum of Six Hundred Thirty Five Thousand and No/100 Dollars ($635,000), City agrees to deposit said purchase price in escrow with the Escrow Agent within THIRTY (30) days after the date on which the City has approved this PSA, and the Escrow Agent is hereby authorized to pay the same to Seller upon and after: (a) Conveyance of Said Real Property by Seller to City as hereinabove provided; (b) Acceptance by City of a Grant Deed conveying Said Real Property to City; (c) Procurement by City of the policy of title insurance as hereinabove required; (d) Recordation of the Deed conveying Said Real Property to City. 7. Possession. Seller agrees to deliver to City, on the date the Deed conveying Said Real Property to City is recorded, quiet and peaceful possession of Said Real Property, which shall be made free by Seller of all personal property. City acknowledges that Said Real Property may be transferred with a tenant in possession. 8. Rental and Occupancy by Seller. Seller agrees to execute a complete, current and correct statement of rentals (Seller Estoppels) on a form furnished to Seller by Buyer and to deliver same to Buyer within fifteen (15) days hereof with copies of any written leases or rental agreements attached. All rents will be prorated as of the close of escrow on the basis of a 30- day month / 360-day year consistent with that statement, subject to approval of Buyer. Seller hereby agrees not to rent any units on the premises which are now vacant, or which may be vacated by the present occupants prior to close of escrow. Seller agrees that any and all tenant security deposits pertaining to the subject property collected by or that are in the possession of Seller prior to the close of escrow shall be transferred to and become the property of Buyer during escrow. Seller hereby warrants that the rental statement referred to shall include the terms of all rental agreements, tenancies, and leases (oral or written, recorded, or unrecorded). Buyer agrees to hold Seller harmless from all liability from any such leases or agreements and/or existing tenants in possession at time of sale. 9. Waivers. The waiver by City of any breach of any covenant or agreement herein contained on the part of Seller shall not be deemed or held to be a waiver of any subsequent or other breach of said covenant or agreement nor a waiver of any breach of any other covenants or agreements contained herein. 10. Heirs, Assians, Successors in Interest. This PSA, and all the terms, covenants and conditions hereof, shall apply to and bind the heirs, executors, administrators, successors and assigns of the respective parties hereto. 11. Time is of the Essence. In all matters and things hereunder to be done and in all payments hereunder to be made, time is and shall be of the essence. 12. Permission to Enter on Premises. Seller hereby grants City, and its authorized agents, permission to enter upon Said Real Property at all reasonable times prior to close of escrow for the purpose of making necessary inspections. Page 3 of7 Seller's Initials ",tz :J- e e 13. Just Compensation. Seller acknowledges and agrees that said purchase price is just compensation at fair market value for Said Real Property, including all improvements to Said Real Property, and business goodwill, if any. 14. Notices. The mailing address of the City of Santa Ana is 20 Civic Center Plaza, M-36, P.O. Box 1988, in the City of Santa Ana 92702, County of Orange, State of California. The mailing address of the Seller is: R. Barbara Farkas 18102 Casselle Avenue Santa Ana, California 92705 15. Exceptions. City agrees to accept title to Said Real Property subject to the following: NONE. 16. Entire Aareement. It is mutually agreed that the Parties hereto have set forth herein the whole of their Agreement. Performance of this PSA by City shall lay at rest, each, every, and all issue(s) that were raised or could have been raised in connection with the acquisition' of Said Real Property by City. 20. Continaencv. It is understood and agreed between the parties hereto that the completion of this transaction, and the escrow created hereby, is contingent upon the specific acceptance and approval of the City herein. The execution of these documents and the delivery of same to Escrow Agent shall constitute acceptance and approval. 21. Modification and Amendment. This PSA may not be modified or amended except in writing signed by the Seller and City. 22. Partiallnvaliditv. Any provision of this PSA that is unenforceable or invalid or the conclusion of which would adversely affect the validity, legality, or enforcement of this PSA shall have no effect, but all the remaining provisions of this PSA shall remain in full force. 23. Captions. Captions and headings in this PSA, including the title of this PSA, are for convenience only and are not to be considered in construing this PSA. 24. Governina Law. This PSA shall be governed by and construed in accordance with the laws of the State of California. 25. No Reliance Bv One Party On The Other. Each party has received independent legal advice from its attorneys with respect to the divisibility of executing this PSA and the meaning of the provisions hereof. The provisions of this PSA shall be construed as to their fair meaning, and not for or against any party based upon any attribution to such party as the source of the language in question. 26. No Third Party Beneficiary. This PSA is intended to benefit only the parties hereto and no other person or entity has or shall acquire any rights hereunder. Page 4 of7 Seller's Initials ~ .: e e 27. Duty To Cooperate Further. Each party hereby agrees that it shall, upon request of the other, execute and deliver such further documents (in form and substance reasonably acceptable to the party to be charged) and do such other acts and things as are reasonably necessary and appropriate to effectuate the terms and conditions of this PSA, without cost. 28. Applicability of Aareement To Assianees. This PSA shall be binding upon and shall inure to the benefit of the successors and assigns of the parties to this PSA. 29, Authority to Execute Aareement. Each undersigned represents and warrants that its signature herein below has the power, authority and right to bind their respective parties to each of the terms of this PSA, and shall indemnify City fully. including reasonable costs and attorney's fees, for any injuries or damages to City in the event that such authority or power is not, in fact, held by the signatory or is withdrawn. 30. Incorporation of Exhibits. All Exhibits referenced herein and attached hereto shall be incorporated as if fully set forth in the body of this PSA. The parties have executed this PSA as of the date written below. SELLER: By:!f? glt~'kM::j~ Date~ ~, 2007 R. Barbara Farkas, Trustee of the Farkas Trust Dated December 20, 1988) TR lit S T {3, (!!!J APPROVED AS TO FORM: Joseph W. Fletcher City Attorney ~)f\'"1 , ' ;/ < ) B Date: t)[i: y ,2007 Page 50f7 CITY I BUYER: CITY~.T NA BY:. PtZ- David N. Ream City Manager Date: /6 / I" , 2007 . ATTEST: Date: ~~k, 2007 Seller's Initials ';Jf25 :J- > . , e e EXHIBIT "A" LEGAL DESCRIPTION THE LAND REFERRED TO HEREIN IS SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF ORANGE, CITY OF SANTA ANA, AND IS DESCRIBED AS FOLLOWS: LOT 33 OF TRACT NUMBER 2325, AS PER MAP THEREOF RECORDED IN BOOK 68, PAGES 40 TO 43 INCLUSIVE OF MISCELLANEOUS MAPS, RECORDS OF ORANGE COUNTY, CALIFORNIA. Assessor's Parcel Number: 109-345-13 Page 6 of7 Seller's Initial~ 1- ~ .. . , e e EXHIBIT "B" GENERAL ESCROW PROVISIONS All disbursements shall be made by Escrow's check, electronic funds transfer, or any other manner agreed to in writing by the Parties to this transaction. All funds received in this escrow shall be deposited in one or more of Escrow Agent's general escrow accounts with any bank doing business in the State of California and may be transferred to any other general escrow account or accounts. The expression "close of escrow" means the date on which the transferring instrument(s) referred to herein are filed for recordation with the Office of the Orange County Recorder. All prorations shall be made on the basis of a 3D-day month / 360- day year. Recordation of any instruments delivered through this escrow, if necessary or proper in the issuance of a policy of title insurance, is hereby authorized by the Parties to this transaction. There shall be no prorations of any existing insurance policies in this escrow. Escrow Agent is to furnish a copy of these instructions, including any amendments thereto, closing statements, and/or any other documents deposited in this escrow, to the lender or lenders, the real estate broker or brokers, and/or the attorney or attorneys involved in this transaction upon request of such lenders, brokers or attorneys. Should Escrow Agent, before or after close of escrow, receive or become aware of any conflicting demands or claims with respect to this escrow; or to the rights of any of the parties hereto; or about any money or property deposited herein, then Escrow Agent shall have the right to discontinue any or all further acts on its part until such conflict is resolved to its satisfaction, and Escrow Agent shall have the right to commence or defend any action or proceeding for the resolution of such conflict. The Parties to this escrow jointly and severally agree to pay all costs, damages, judgments and expenses, including reasonable attorney's fees, suffered or incurred by Escrow Agent in connection with, or arising out of, this escrow including, but without limiting the generality of the foregoing, a suit in interpleader initiated by Escrow Agent. In the event Escrow Agent should file a suit in interpleader, Escrow Agent shall be fully released and discharged from all obligations imposed upon it by this escrow. If for any reason funds are retained or remain in escrow, Escrow Agent shall be entitled to deduct therefrom a reasonable monthly charge of not less than $10.00 per month as an administrative fee. Time is of the essence with regard to the execution of these general escrow instructions. If Escrow Agent is unable to comply with these instructions within the time specified herein, and if additional time as is required to make an examination of the official records, Escrow Agent shall return all documents, money, or property to the party entitled thereto upon satisfactory written demand and authorization. Any amendment or supplement to these instructions must be in writing, signed by all Parties to this transaction. These escrow instructions, and any amendments thereto, may be executed in one or more counterparts, each of which independently shall have the same effect as if it were the original, and all of which taken together shall constitute one and the same instruction. Page 7 of7 Seller's Initials~ f C.L. .' ACORDrn CERTIFICATE OF LIABILITY INSURANCE I DATE (MMlDDfYY) 09/05/07 PRODUCER THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION Dealey, Renton & Associates ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR 199 S Los Robles Ave Ste 540 ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW, Pasadena, CA 91101 , J 626 844.3070 INSURERS AFFORDING COVERAGE --~ INSURED INSURER A: Travelers Indemnity Co. of Connectic Elizabeth Maule & Stefanos Polyzoides INSURER B: SI. Paul Protective Insurance Co. 180 E. California Blvd. INSURER c: Evanston Insurance Company Pasadena,CA 91105 ".-- INSURER D: --... ~- INSURER E; Clienl#' 12718 MOULEPOLY COVERAGES THE POLICIES OF INSURANCE LISTED BElOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. AGGREGATE LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS_ I~~: ,- ~~~Y, EFfECTIVE POLICY EXPIRATION ""-- TYPE Of INSURANCE POLICY NUMBER LIMITS A ~NERAL LIABILITY 6802094L798 06/30/07 06/30/08 EACH OCCURRENCE $1 000 000 ~ pMERCIAL GENERAL LIABILITY FIRE OAMAGE (Any one ~r.!1._ 1300,000 - CLAIMS MADE [i] OCCUR i MED EXP (Anyone person) $5000 I PERSONAL & ADV INJURY $1 000000 I ~~NERALAGGREGATE $2 000 000 -- ~-~AGGR.EnE ,LIMIT APASPER: PRODUCTS -COM PlOP AGG $2 000 000 POliCY ~~g: LOC A AUTOMOBILE LIABILITY BA4797L872 06/30/07 06/30/08 COMBINED SINGLE LIMIT ANY AUTO (Eaaccidant) $ t ,000,000 - r ALL OWNED AUTOS BODILY INJURY $ SCHEDULED AUTOS (Per person) ~- ,X HIRED AUTOS BODILY INJURY ~ ! (Peraccidenl) $ ~ NON.OWNED AUTOS '---- ~,._......~_... - - ,\ , " . ~... i , I PROPERTY DAMAGE $ ^ , ^ ., i (Peraccidenl) i":G'LIABILlTY A //3 ! ~~n?ONLY - EAACCIDENT $ ANY AUTO - -,'I OTHER THAN EA ACC $ . .. -_.. ..--. AUTO ONLY: AGG $ EXCESS LIABILITY '.'- ~(, L \.. d\ " EACH OCCURRENCE $ ::J-OCCUR ~ CLAIMS MADE AGGREGATE $ $ =1 ~EDUCTlBLE $ RETENTION $ $ B WORKERS COMPENSATION AND UB7t24Y374 09/01/07 09/01/08 X IT~~3T~1,~::, I _ J~.m~ EMPLOYERS' LIABILITY E.L. EACH ACCIDENT $1,000,000 E.L. DISEASE - EA EMPL aYEE $1,000,000 E.L. DISEASE - POLICY LIMIT $1,000,000 C OTHER Professional AE813423 06/16/07 06/16/08 $2,000,000 per claim iability $2,000,000 annl aggr. , DESCRIPTION OF OPERATIONSILOCATIONSNEHICLES,lEXCLUSIONS ADDED BY ENDORSEMENT/SPECIAL PROVISIONS The City of Santa Ana, 20 Civic Center Plaza, Santa Ana, California 92701; its officers, employees, agents, volunteers, and representatives are named as additional insured as respects general liability for claims arising from the operations of the named insured. CERTIFICATE HOLDER I I ADDmONALlNSUREO-INSURERLETTER: CANCELLATION ' .._".. <._ .J__. ." SHOULD ANYOF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION City of Santa Ana DATE THEREOF, THE ISSUING INSURER WINxfftlDXb TOMAIL3.0.--DAYSWRITTEN Alln: Lucy Llnnaus NOllCE TOTHE CERTIFICATE HOLDER NAMED TOTHE LEFT~k Planning and Building Agency. M20 JIIIl:gw,Ilan~.KX_~d : 0GXa1WUUA1lAWd( 20 Civic Center Plaza Santa Ana, CA 92701 A';;J:ZED R~RESENT~I: c. If) ACORD 25-5 (7/97)1 of 1 #S204740/M203148 TLV @ ACORD CORPORATION 1988 . POLICY NUMBER: 6802094L798 COMMERCIAL GENERAL LIABILITY ISSUE DATE: 09/05/07 THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. ADDITIONAL INSURED (ARCHITECTS, ENGINEERS AND SURVEYORS) This endorsement modifies insurance provided under the following: COMMERCIAL GENERAL LIABILITY COVERAGE PART SCHEDULE NAME OF PERSON(S) OR ORGANIZATION(S): City of Santa Ana Attn: Lucy Linnaus Planning and Building Agency - M20 20 Civic Center Plaza Santa Ana, CA 92701 PROJECT/LOCATION OF COVERED OPERATIONS: All Operations of the Named Insured 1. WHO IS AN INSURED (Section II) is amended to include the person or organization shown in the Schedule above as an additional insured on this Coverage Part, but: a. Only with respect to liability for "bodily injury", "property damage" or "personal injury"; and b. If the injury or damage arises out of the per- formance by you or your subcontractor, of "your work" on or for the project, or at the lo- cation, shown in the Schedule above. Such person or organization does not qualify as an additional insured with respect to their inde- pendent acts or for "bodily injury", "property damage" or "personal injury" for which that person or organization has assumed liability in a contract or agreement This endorsement does not increase the lim- its of insurance stated in the LIMITS OF IN- SURANCE (Section III) for the Coverage Part. 3. The following is added to Paragraph a. of 4. Other Insurance in COMMERCIAL GENERAL LIABILITY CONDITIONS (Section IV): However, if you specifically agree in a "contract or agreement requiring insurance" that, for addi- tional insured shown in the Schedule, the insur- ance provided to that additional insured under this Coverage Part must apply on a primary basis, or a primary and non-contributory basis, this insur- ance is primary to other insurance that is avail- able to such additional insured which covers such additional insured as a named insured, and we will not share with the other insurance, provided that: (1) The "bodily injury" or "property damage" for which coverage is sought occurs; and (2) The "personal injury" for which coverage is sought arises out of an offense committed; after you have entered into that "contract or agreement requiring insurance" for such addi- tional insured. But this insurance still is excess over valid and collectible other insurance, whether primary, excess, contingent or on any 2. The insurance provided to the additional insured by this endorsement is limited as follows: a. This insurance does not apply to the render- ing of or failure to render any "professional services". b. The limits of insurance afforded to the addi- tional insured shall be the limits which you agreed to provide in a "contract or agreement requiring insurance" for that additionai in- sured, or the limits shown in the Declarations for this Coverage Part, whichever are less CG D3 82 09 06 2006, The St. Paul Travefers Insurance Companies, Inc. Includes copyrighted material of Insurance Services Offices, Inc, with its permission Page 1012 . COMMERCIAL GENERAL LIABILITY other basis, that is available to the additional in- sured when the additional insured is also an addi- tional insured under any other insurance. 4. The following is added to Paragraph 8. Transfer Of Rights Of Recovery Against others To Us in COMMERCIAL GENERAL LIABILITY CON- DITIONS (Section IV): We waive any rights of recovery we may have against the additional insured shown in the Schedule above because of payments we make for "bodily injury","property damage" or "personal injury" arising out of "your work" on or for the pro- ject, or at the location, shown in the Schedule above, performed by you, or on your behalf, un- der a "contract or agreement requiring insurance" with that additional insured. We waive these rights only where you have agreed to do so as part of the "contract or agreement requiring insur- ance" with that additional insured entered into by you before, and in effect when, the "bodily injury" or "property damage" occurs, or the "personal in- jury" offense is committed. 5. As respects the insurance provided to the addi- tional insured by this endorsement, the following definition is added to DEFINITIONS (Section V): "contract or agreement requiring insurance" means that part of any contract or agreement un- der which you are required to include the person or organization shown in the Schedule as an ad- ditional insured on this Coverage Part, provided that the "bodily injury" and "property damage" oc- curs, and the "personal injury" is caused by an of- fense committed: a. After you have entered into that contract or agreement; b. While that part of the contract or agreement is in effect; and c. Before the end of the policy period. All other terms of your policy remain the same. The City of Santa Ana, 20 Civic Center Plaza, Santa Ana, California 92701; its officers, employees, agents, volunteers, and representatives are named as additional insured as respects general liability for claims arising from the operations of the named insured. Page2of2 2006, The 81. Paul Travelers Insurance Companies, Inc. Includes copyrighted material of Insurance Services Office, Inc, with ils permission. CG 03 82 09 06