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R274R X EASMENT THIS INDENTURE made this 4th day of February , 1948, between PACIFIC ELECTRIC RAILWAY COMPANY, a California corporation, party of the first part, and CITY OF EL SEGUNDO, a municipal corporation of the State of California, party of the second part: WITNESSETH: That first party hereby grants to second party (subject to the conditions hereinafter contained) the right to con- struct and maintain a highway upon and across that certain parcel of land situated in the City of E1 Segundo, County of Los Angeles, State of California, and lying within the railroad right of way of first party, and described as follows, to -wit: A parcel of land, being a portion of Lot C, shown on map of Tract No. 1826, recorded in Book 21, page 93, of Maps, in the office of the Recorder of Lea Angeles County, described as follows: Beginning at a point in the northwesterly boundary of said Lot C located South 700 181 41" West thereon 46.55 feet from the northwesterly corner of that certain real property described as Parcel No. 1 in a 1 highway easement fran the Pacific Electric Railway �$ Company to the County of Los Angeles, recorded in V Book 6621, page 93, of Deeds, Los Angeles County Records; thence North 700 18t 41" East along said northwesterly boundary 46.55 feet to said north- westerly corner; thence South 00 06, 34" East along the westerly boundary of said certain real property 20.69 feet to a point in a curve, concave to the southwest and having a radius of 50 feet; thence westerly along the are of said curve 45.67 feet to the point of beginning. Also a parcel of land,bei.ng a portion of Lot D, shown on map of E1 Segundo, Sheet 70 recorded in Book 22, pages 54 and 55, of Maps, in the office of the Recorder of Los Angeles County; described as follows: Beginning at the southwesterly corner of said Lot D; thence North 00 06, 34" West along the westerly boundary of said lot 24.94 feet to a point in a curve, concave to the northeast and having a radius of 115 feet; thence southeasterly along the are of said r$ curve 27.43 feet, more or less, to a point in the y southerly boundary of said Lot D, located North 700 18' 41" East thereon 22.37 feet from said southwesterly corner; thence South 700 18t 41" West along said southerly boundary 22.37 feet to the point of beginning. The above described parcels are shown colored red on - 1 - WO the property adjoining property covered hereby,owned by party of the first part, by condemnation, purchase or otherwise, the party of the first part shall be compensated for the area covered by this easement at the same rate of compensation which the party of the first part would be entitled to for the remainder of the property of the party of the first part at such time as it may be acquired by the party of the second part. This grant is subject and subordinate to the prior and con- tinuing right and obligation of first party and its successors to use and maintain its entire railroad right of way and property in per- formance of its public duty as a common carrier, and is also subject to the right and power of first party and its successors in interest or ownership of the said railroad right of way and property, to con- struct, maintain, use and operate, on the present grade, or such grade as it may establish in the future, existing or additional rail- road tracks and appurtenances thereto, including water and fuel pipe lines and conduits, and telegraph, telephone, signal, power trans- mission and other electric lines, and other railroad facilities and structures of any kind upon, along or across any or all parts of said land above described, all or any of which may be freely done at any time or times by first party or its successors without liability to second party or to any one else for compensation or damage, provided said highway shell not be interfered with except as necessary during work on said railroad and appurtenances. The rights and privileges hereby granted shall lapse and become void if not exercised within one year from the date hereof. Upon the termination of the rights herein granted to the party of the second part, as hereinafter provided, the said party of the second part shall thereupon remove said highway and restore said premises, as nearly as possible, to the same state and condition - 2- M z '' the cost and expense thereof upon demand. OF's-, �h the 'ty of first part for The grant hereby made is upon the further condition subse- quent that the premises aforedescribed shall at all times be used by the party of the second part for highway purposes and none other, and if at any time such use shall be abandoned or discontinued, all rights and privileges hereby granted shall forthwith cease and determine, and the party of the first part, its successors or assigns shall be restored to its former estate in the premises. AND IT IS UNDERSTOOD and agreed that all work in connection with the installation, protection and maintenance of this highway cross- ing shall be done at the sole cost and expense of said party of the second part. This instrument is subject to all valid and existing contracts, leases, liens or encumbrances which may affect the said property, and the word grant as used herein shall not be construed as a covenant against the existence of any thereof. IN WITNESS WHEREOF the parties thereto have caused their respective corporate names and seals to be affixed hereunto and these presents executed by their respective officers thereunto duly authorized, the day and year first above written. PACIFIC ELEC pNp .STATE OF CALIFORNIA, County of Los Angeles ON vs. a Notary Public in and for said County and State, personally 0_ A. SMITH A.D., 19_k , before me, known to me to be the president, and JNO. J. SUMAN known to me tof PACIFIC ELECTRIC RAILWAY COMPANY the Corporation that executed the within Instrument, known to me to be the persons who executed the within Instrument, on behalf of the Corporation herein named, and acknowledged to me that such Corporation executed the same. IN WrrNEss WHEREOF, I have hereunto set my hand and affixed my official seal the day and year in this certificate first above written. �y Notary Public in and for said County an . ACKNOWLEDGMENT —CORP. PRE.. a Sec.— WOLCOTT$ FORM 226 MYCOMMFSSION Fxp'yE6 J4V11'' g0 1950 Vaal' -� Page W. 0. 46003 they were in prior to the construction thereof, failing in which the party of the first part may perform sLrh work, and the said party of the second part agrees to reimburse the party of the first part for the cost and expense thereof upon demand. The grant hereby made is upon the further condition subse- quent that the premises aforedescribed shall at all tines be used by the party of the second part for highway purposes and none other, and if at any time such use shall be abandoned or discontinued, all rights and privileges hereby granted shall forthwith cease and determine, and the party of the first part, its successors or assigns shall be restored to its former estate in the premises. AND IT IS UNDERSTOOD and agreed that all work in connection with the installation, protection and maintenance of this highway cross- ing shall be done at the sole cost and expense of said party of the second part. This instrument is subject to all valid and existing contracts, leases, liens or encumbrances which may affect the said property, and the word grant as used herein shall not be construed as a covenant against the existence of any thereof. IN WITNESS WHEREOF the parties thereto have caused their respective corporate names and seals to be affixed hereunto and these presents executed by their respective officers thereunto duly authorized, the day and year first above written. PACIFIC 111 t 5 1� I i W City Clerk 0 s 0 l .f O Z m O m 3 e 0 N, 4 -P .9 ci Q0 . m C� N. �Z _ 6 tb \ N rn w N.p °pc'3b" `tit 2494 a � FL S o SEFT� EzGs.� �. p a rn e� w a V L m x N W u ! �;, r 'his '�• 2 t I 0 ac , oppp 4z, 'A" 19 1 V� I & 104u�. t At -ri v "IN It— I VZO TT qaA *lIA I it Ir v ail' i RAX ivv 4 1 0 ac , oppp 4z, 'A" 19 1 V� I & 104u�. t At -ri v "IN It— I VZO TT qaA *lIA I it