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R328\IMF G R A N T D E E D IN CONSIDERATION of $1,500, receipt of which is acknowledged, EMANUEL JENSEN and ALMA M. JENSEN, his wife, both of whom reside in the City of El Segundo, County of Los Angeles, State of California, do hereby grant to the CITY OF EL SEGUMDO, a Municipal Corporation of the sixth class, located in the County of Los Angeles, State of California, the real property in the City of E1 Segundo, County of Los Angeles, State of California, described as: Lot 9, in Block 108 of E1 Segundo, Sheet No. 60 as per Map recorded in Book 20, pages 114 and 115 of Maps, in the office of the County Recorder of said County; free and clear of all encumbrances, except conditions, restrictions and reservations oommon to all real property in said Block 108, and the reservation by Grantors of all oil and mineral rights in and under said real property, provided however, that the Grantors, their representatives, successors and assigns, as owners of such oil and mineral rights so reserved, shall have no right, power or authority to occupy or use the surface of said land in prospecting for, or in mining, developing or producing from said land, any of such oil or minerals so reserved, but must recover the same if recovery is had without in any manner disturbing or interfering with the use of the surface of said land by said City, its successors and assigns. Said property at the present time is subject to a lease and notice of lease, dated as of the 12th day of November, 1943, -1- executed by Grantors herein, as Lessors, and by Standard 011 Company of California, a Corporation, as Lessee, recorded March 29, 1945 as Document No. 922, in the office of the County Recorder of Los Angeles County, California, and it is agreed that If the City of E1 Segundo acoapts the said property, subject to said existing lease, that such acceptance shall in no manner operate as, or be construed as, a waiver by the Grantee, its successors or assigns, of the restriction against the use of the surface of said land hereinabove set forth. Said Grantee shall have the further right, without any payment or obligation on its part to the undersigned Grantors, or any person, firm or corporation claim- ing under, by or through them, to procure a release of said land from said lease at any time. Dated this day of June, 1945. STATE OF CALIFORNIA, j) S$. COUNTY OF LOS ANGELES, On this day of June, 1945, before me, the undersigned, personally appeared EMANUEL JENSEN and ALMA M. JENSEN, his wife, known to me to be the persons whose names are subscribed to the foregoing instrument and acknowledged that they executed the same. WITNESS my hand and official seal. Notary Public in and for said County and State. -2.. •. A.O. J A"o f9FM 'R'. 'F, - fS5U E0 FROM THE OFFICE OF THE -- 145 NORTH BROADWAY LOS ANGELES TELEPHONE MUTUAL 4174 FRED A. DAW X. M.. PRE5WCRi PRELIMINARY REPORT June 1, 1945 Issued for Sole Use of r 7 City Clerk City of E1 Segundo E1 Segundo, California. In connection with Order No ............ 8;,60.7 ................... Your No .......... ... ---- - -------------- the Company will endeavor to procure a ---------------- _..-.....__-.. ._..__.Ozmera. ----------------- Policy of Title Insurance in a usual form showing title as herein set forth, provided no chailge occurs subsequent to_ ..............M3y..25,... _---.....----194$- ---...at__.._. 7: 30 ........ a.rl. Preliminary examination may include matters not shown of record and report thereof is accordingly issued only as an ac- commodation without liability, and without obligation to cause said Policy to be issued in connection with said order. Statement of charges will be rendered when policy is issued or sixty days from entry of order, if policy is not issued prior to that time. IN Description: Lot 9 in Block 108 of E1 Segundo, Sheet No. 5, in the City of E1 Segundo, as per map recorded in Book 20 Pages 114 and 115 of Maps, in the office of the County Recorder of said Cou #ty. Vestee: EMMML JENSEN and AIM& M. JENSEN, his wife, as joint tenants. Subject to: 1. General and special County taxes for the fiscal year 1945 -1946 a lien not yet payable,Levies for E1 Segundo Municipal Improvement District No. I created for Arizona Drive may be i}zcluded thersinp 2. A lease and notice of lease dated as of the 12 day of November 1943, executed by Emanuel Jensen and Alma M. Jensen, his wife, as lessors, and by Standard Oil Company of California, a corporation, as lessee, for the term of 20 years from Date thereof, and as long thereafter as the lessee in good faith shall conduct drilling operations thereon , and as long as oil, gas, asphaltum or other hydrocarbons are produced therefrom, upon the terms thereof, conditions and covenants contained in that certain unrecorded oil and gas lease of even date executed by said lessors and said lessee and therein referred to, recorded March 29, 1945 at 8:00 A.M. as Document No. 922. OFFER TO SELL REAL PROPERTY. The undersigned, the owner of Lot, Block 108, E1 Segundo Sheet No. 5, as per Map Book 20, Pages 114 and 115 of Maps, records of Los Angeles County, on file in the office of the County Recorder of said County, does hereby offer to sell the said parcel of real property to the City of El 00 Segundo for the sum of cash, provided this offer is accepted by the City Council of the City of E1 Segundo on or before midnight, May 3rd, 1945, and notice of such acceptance posted in the United States Post Office, addressed to the undersigned, on or before said hour of said date. Provided further, that the undersigned owner will furnish good and sufficient deed, vesting title to said real property in the City of E1 Segundo, a municipal corporation of Los Angeles County, California ,*and in addition will furnish a title insurance policy, showing title thereto in the City of E1 Segundo, free and clear of all encumbrances except conditions, restrictions and reservations common to all real property in said �Block ��108 Owner acknowledges receipt of $25.00 as a deposit on the before mentioned purchase price and agrees that the balance due him will be considered as cash payment if paid within three days after the before mentioned title insurance policy is received by the City of El Segundo.