Deed - Dolores Ave - File 193, 1943

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1k, flyq _ I 1VO Willi' V41 June 14, lam► Lir. A. - . lease IIom. Owners' Lean CDrporation Pacific Building 821 Market Street an rrancisco, California Re: Loan 4-8-D-2371 - Hansen Dear Wr. Blease: I have j our letter of June 10 and I blink possibly your under- standing of ti_e situation is slightly incorrect. The fact is that Mr. Hansen acquired his property at 704 Laud Avenue by a geed executr.:d and delivered before the widenin6 of Bancroft Avenue. The Deed correctly described the property by meets and bounds bed inning at a point so many feet east of the latter street. Subsequently, Bancroft Avenue was widened by 30 feet and I am sure you can appreciate ti,at thereupon a correct descrip- tion of the same property could be made only by reducing ._thLe distance betty, -en the point of beLinnint; and Bancroft -Avenue by that 30 feet. After the widening, Mr. Hansen executed mortgage papers to , our corporaAon ;vita the sane description as t:.at in the of i,.;inal geed. This mortgage description was therefore incorrect and in- stead of describing tue property owned '..r. :lansen it failed to describe tie western 30 feet thereof but did include a descrip- tion of the western 30 feet of tiie property adjacent to t:.e east. As a result, tiie neighbors to the east would appreciate a release of tie ilcLC mortgage on t-llcir property so that trey can receive from the title company the money coming, to t:.em from the City' purci:ase of toe rear of t:,eir property for the purpose of extend- ing llolores Avenue. You sug,;est that -Ir. 'Hansen requires a Deed from his neighbor on the west but that neighbor has not executed any documents which en- croach on Mr. Hansen's property and aecordin,_;ly the su;gestion is not in orier. The deed wnich hr. Hansen produced was prepared by me at a time w.,c_n I believed he had personally purported to pa6s title to to