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D014Form 1012 9-.44 '60M Calitorn(a I.9.nd Title Association Standard Form Copyright 1988 (T.I. Revision 4 -44) Policy No. Title Insurance and Trust Company a corporation of Los Angeles, California, herein called the Company, for a valuable consideration paid for this policy of title insurance, the number, date, and amount of which are shown in Schedule A, does hereby insure the parties named as Insured in Schedule A, together with each successor in ownership of any indebtedness secured by any mortgage or deed of trust shown in Schedule B, the owner of which is named as an insured, and any such owner or successor in ownership of any such indebtedness who acquires the land described in Schedule A, or any part thereof, by lawful means in satisfac- tion of said indebtedness or any part thereof, and any person or corporation deriving an estate or interest in said land, as an heir or devisee of a named insured, or by reason of the dissolution, merger, or consolidation of a corporate named insured, against loss or damage not exceeding the amount stated in Schedule A which any insured shall sustain by reason of title to the land described in Schedule A being vested, at the date hereof, otherwise than as herein stated; or by reason of unmarketability of the title of any vestee to said land, at the date hereof, unless such unmarketability exists because of defects, liens, encumbrances, or other matters shown in Schedule B; or by reason of any defect in, or lien or encumbrance on said title, existing at the date hereof, not shown in Schedule B; or by reason of any defect in the execution of any mortgage or deed of trust shown in Schedule B securing an indebtedness, the owner of which is insured by this policy, but only insofar as such defect affects the lien or charge of such mortgage or deed of trust upon said land; or by reason of priority, at the date hereof, over any such mortgage or deed of trust, of any lien or encumbrance upon said land, except as shown in Schedule B; all subject, however, to Schedules A and B and the stipulations herein, all of which schedules and stipulations are hereby made a part of this policy. In Witness Whereof, Title Insurance and Trust Company has caused its corporate name and seal to be hereunto affixed by its duly authorized officers, on the date shown in Schedule A. TITLE INSURANCE AND TRUST COMPANY by �' ^� l PRUSIDENT Attest - --V ...... ..... SECRETARY Form 1019 -A 9 -44 80M Amount $ 550.00 CC SCHEDULE A Date Feb. 28,1945 at 8:00 A. M. Policy No. 2131561 INSURED CITY OF EL SEGUNDO, a municipal corporation of the State of Califor- nia. 1. The title to said land is, at the date hereof, vested in CITY OF EL SEGUNDO, a municipal corporation of the State of Cali- fornia. 2. Description of land in the County of Los Angeles, State of California, title to which is insured by this policy: Lot 10 in Block 42 of El Segundo, in the City of El Segundo, as per mare recorded in Book 20 Pages 22 and 23 of Maps in the office of the County Recorder of said County. Form 1002 -7 -1 8 =4t 90M SCHEDULE B [A] The Company does not, by this policy, insure against loss by reason of: 1. Easements or liens which are not shown by the public records (a) of the District Court of the Federal District, (b) of the county, or (c) of the city, in which said land or any part thereof is situated; 2. Rights or claims of persons in possession of said land which are not shown by those public records which impart constructive notice; 3. Any facts, rights, interests, or claims which are not shown by those public records which impart construc- tive notice, but which could be ascertained by an inspection of said land, or by making inquiry of persons in possession thereof, or by a correct survey; 4. Mining claims, reservations in patents, water rights, claims or title to water; 5. Any governmental acts or regulations restricting, regulating, or prohibiting the occupancy or use of said land or any building or structure thereon. [B] Liens and encumbrances to which said title is subject shown in the order of their priority, and defects and other matters to which said title is subject: 1. Second installment general and special County and City taxes for the fiscal year 1944 -1945, in the amount of $3.88. 2. Covenants and restrictions imposed by the deed from Los Angel- es Trust &: Savings Bank, a corporation recorded in Book 5515 Page 268 of Deeds. Page Form 1002 -Cs.1 9 -44 466 , STIPULATIONS the SCOPE Company will does not be insure or damage UPON PAYMENT led a claimrunder thiissapolicy, it h hall be OF and remedies which the insured would have had COVERAGE created by or arising out of any of the follow- OR SETTLEMENT subrogated to and be entitled to al rights, ing: (a) defects, liens, claims, encumbrances, or other matters securities, bench encumbrance pecuniary iarry loss to the ensured ;orb)ccurring this, policy no person been issuedp If the payment tdoes cnet cover claim, r e subsequent to the date hereof; (c) defects, liens, encumbrances, loss of the insured, the Company shalt be subrogated to such to or other matters created Or suffered by encumbrances claiming o paymentebearseto the amountt of in said loss. proper either event the such loss or damage; (d) other matters existing at the date o4 this policy and known to insured shall transfer, or cause tO be transferred, to the om- thetinspolcy claiming the d loss da damage, either acquired t the ate to Companygotuse thername of therensured in any nytralnsaction estate or interest insured by this policy, unless such defect, or litigation involving such rights, securities, or remedies. lien, claim, encumbrance, or other matter shall have been dis- OPTION TO PAY 5. The Company has the right and closed to the Company in writing prior to the issuance of this policy. Any rights or defenses of the Company against a INSURED OWNER option, is case any loss is claimed named insured shall be equally available against any person OF INDEBTEDNESS under this poky by se insured owner or corporation who shall become an insured hereunder as AND BECOME of an indebtedness secured by each OWNER OF gage or deed of tmst, to pap successor of such named insured. SECURITY insured the indebtedness of the mott- DEFENSE OF 2. The Company at its own cost shall defend gagor or trustor under said mortgage or deed of trust, to- ACTIONS the insured in all actions or proceedings against gether with all costs which the Company is obligated here- under to pay, in which case the Company shall become the the insured founded upon a defect, lien, encumbrance, other and such insured shall at once assign and transfer matter insured against by this policy, and may p owner of, litigation to final determination in the court of last resort. In t the Company said mortgage or deed of nt and the all case any such action or proceeding shall be begun, or in case edness thereby secured, and such paym knowledge shall come to any insured of any claim of title or liability under this policy to such insured. interest adverse to the title as insured, or which might cause NOTICE OF 6. A statement in writing of any leas or damage loss or damage for which the 'Company �hall uch insured shall at for wfiich it is claimed the Company is liable NOTICE OF by virtue of this policy, LOSS ACTIONS once notify the Company thereof in writing. under this policy shall be furnished to the Company within OR CLAIMS If such notice shall not be given to the Com- sixty days after such loss or damage shall have been ascer- TO BE puny at least five days before the appearance LIMITATION tained. No action or proceeding for the re- GIVEN BY day in any such action or proceeding, or if OF ACTION covery of any such loss or damage shall be THE INSURED such insured shall not, in writing, promptly instituted or maintained against the Company until after full on notify the Company of any defect, lien, encumbrance, or other compliance by the insured with all the condiicommenced o ows hit matter insured against, or of any such adverse claim which the insured by this poliy, shall come to the knowledge of such insured, in respect to twelve months after receipt by nor the Company of such written which Ions or damage is apprehended, then all liability of the statement. Company as to each insured having claim tics in regard to tthe subject of such action, proceeding, no case prejudice,the aim however, any insured unless a. the shall in PAYMENT LOS AND F any loss insur insured against pay, y this policy, all shall be actually prejudiced by such failure. The Company COSTS OF costs imposed upon the insured in litigation proceeding ore dog¢y other act which, P in its top'inion,cmay be INDORSEMENT and carried in litigation carried tnfby the the [insured an but not otherwise. The liability of necessary o desirable t establish the title, pi any insured OF PAYMENT with the written authorization of the Com or charge, as insured. In all cases where this policy per- ON POLICY p Y, mits or requires the Company to prosecute or defend any the Company under this Policy shall in no case exceed, in a0, and in no case shall such total action or proceeding, the insured shall secure to it in writing the actual loss of the insured and costs which the Company is the right to so prosecute or defend such action or proceeding, obligated hereunder to pay, and all appeals therein, and permit it to use, at its option, liability exceed the amount of this olicy and said costs. All red by 6e Come insured y the insured hall as. Whenever request- y in payments pro der anto tandlp payment of floss the or damage t the an in- any such action or proceeding, in effecting settlement, securing ured owner of indebtedness sha11 reduce, to that extent, the action ce, obtaining witnesses sucesextent andain suchemamegr as is No payment may be demanded by t any insured ewithoutiproduc- deemed desirable by the Company, and the Company shall re- ing this Policy for indorsement of such payment. imburse the insured for any expense so incurred. The Com- OF S. Loss under this policy shall be payable, pany shall be subrogated to and be entitled to all costs and MANNER attorneys' fees incurred or expended by the Company, which PAYMENT OF first, to any insured owner of indebtedness may be recoverable by the insured in any litigation carried LOSS TO secured by mortgage or deed of trust shown on by the Company on behalf of the insured. The word INSURED in Schedule B, in order of priority therein "knowledge" in this paragraph means actual knowledge, and shown, and if such ownership vests i¢ more than one, payment does not refer to construct knowledge or notice which may shall be made ratably as their respective interests may appear, be imputed to the insured by reason of any public record or sad thereafter, any loss shall be payable to the other insured, otherwise. and if more than one, then to such insured ratably as their respective interests may appear. If [ere be able to the in TO 3. The Company reserves the option to owner of i¢deb[edaess, any loss shall be pay PAY, SETTLE, OR pay, settle, or compromise for, or in the sured, and if more than one, to such insured ratably as their COMPROMISE name of, the insured, any claim insured respective interests may appear. CLAIMS against or to pay this policy in full at any time, and payment or tender of payment of the full amount of WRITTEN 9. No provision or condition of this policy this policy, together with all accrued costs which the Company is obligated hereunder to pay, shall terminate all liability Of INDORSEMENT can be waived or changed except by witting the Company hereunder, including all obligations of the Com- REQUI O the President a Vice - President, the Sec a arY puny with respect to any litigation pending and subsequent POLICY or an Assistant Secretary of the Company. costs thereof. I I L- i i I I — 150 F4)— /40 In W Fn 2-9 /--le— N 60 o L Vf- M L --------------- ----J 1. ev AVE. k% 14, N N 42 14o 40 4 .37 -7 = 36 Zt /3 J �4' g 29 /6 Ze fn 16 17 25 49 z 60 20 140 o/ ULj 80 AV CiPANO RI'"' Y /yo EL SEGUNDO BLOCKS 42 TO 44, 57 TO 59 THIS IS NOT A SURVEY OF THE LAND BUT IS COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORDS. 50 h ROL L L Y Q B 140 2 20 N 36 140 35 7 4 45 4 3 5 4 44 31 6 L L43 30 7 7 a a Z-9 Q B 1 1 28 9 9 4 40 �,j 36 3-5 22 3 .33 zi . zo / /7 3 32 lm9 3 31 t7 2 20 2 29 (J) 140 1 /6 z Z Z/ 15 2 22 = 2 27 h 1 14 N e e 23 140 N 24 140 " "a in '? GRAND A hwsr M L --------------- ----J 1. ev AVE. k% 14, N N 42 14o 40 4 .37 -7 = 36 Zt /3 J �4' g 29 /6 Ze fn 16 17 25 49 z 60 20 140 o/ ULj 80 AV CiPANO RI'"' Y /yo EL SEGUNDO BLOCKS 42 TO 44, 57 TO 59 THIS IS NOT A SURVEY OF THE LAND BUT IS COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORDS. EL SEGUNDO BLOCKS 42 TO 44, 57 TO 59 THIS IS NOT A SURVEY OF THE LAND BUT IS COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORDS.