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D015
Form 1012 9 -14 60M California Land Title Association Standard Form Copyright 1938 (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 J6 b� 6 -` l PRESIDENT Attest----- -- - ° ....... .........- ---------- - ------ --- -- ---- - SECRETARY Form 1012 -A 9 -44 80M SCHEDULE A 'ti'n Amount $ Date oecenib -r 1(, 1q!L, at 8:9C A. M. Policy No. 21C2g97 INSURED CITY. OF EL oL�ly�,C u municipal cornor�tion. 1. The title to said land is, at the date hereof, vested in CITY !F PL FGliNOO, a cornnration. 2. Description of land in the County of Los Angeles, State of California, title to which is insured by this policy: Lots 11, i2 and 1_" in B1oe', !,2 of cl SeFun)o, in the CtT,- of El SePVndo as ner - an recorded in Book 2O Pay- %? of Mpns, in the office of the County R,cnrder of saic County. Said Lot 13 is reF!- stered under the Laud. Title La,,. Form 1002 -13-1 B -¢4 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. General em snecial Counts* and City taxes for the fiscal year 1944- 1945. Amount 123.2$, First Tnstallment 011.64, and penalty. P. Covenants, conditions and restrictions, affecting Lot 11, contained in deed from Los 07-les Trust & SeVnus Bank, now Pacific — Southwest Trust & Savings Bank, a corporation, recorded in Book 4803 Page 74 of Deeds, which conditions provide that s violation thereof shall not defeat nor render invalia the lien of any mortuage mane in wood faith and for value. 3. Covenants, ccniitior_s and restrictions, affecting Lot 12, contained in deed from Los Anneles Trust. & Savings Bank, recorded in Book 5786 Page 2, Official Records, which conditions provide that a -violation thereof shall not Gefest -nor renag r invalid the lien of any mort7age made in Food, faith and for value. Covenants, conniti.ors ana restrictions, affecting Lot 13, contained in en unrecorded deed from Los An_eles Trust & Savings Ban, a corporation, which deed was filed in L. R. 135 nroeeedines as Exhibit 11 saia deed being- dated June. 13, 1913, which Provide that a violation thereof shall not defeat nor render inveli, the lien of anv mortnafe made in Food faith and for value. Page mlooaoa s-aa Bald S PIPULATIONS Company shall have set_ his SUBROGATION q Whenever the policy, it $hill be t, and the UPON PAYM ated to and be entitled to all rig ENT tied a ated under this 'would have does not insure again OR SETTLEMENT subro, , claim, bad 1• This P°li<Y and remedies which the insu to such Ct SCOPE will not be liable for loss or damage is reupe Company out of any of the follow• aecurities, er ertY such or other matters against any person issueaP If the payment does not tort < OF Or by or arising b defects' not been said COVERAGE licna, claims, Onto the insured; �) this policy the Compa °Y shall broaortion which lag (a) defects, ttRgiary loss to the or occurring loss of the insured, In either evenCom- result in no P matters created encumbrances, tights, seeericies, and remedieosf 'said loss• p to the which other the amount transferred, Permit c defects, liens, or Payineot bears to or reuse to be ahall p liens, encumbrances, °r ffered by the insured claiming' shall transfer, transaction subsequent to the date her or �sv) liens, encumbrances, loured lies, aecuTit and remedies, and or other matters eteatd (d) defects, hcy and known to any such rig the insured t ov remedies. or damage; at the date of this P, Icy at the date P to use the nam=i hts, securities, such loss the CompagY, such g R such loss or damagclaimant ac qui ae or litigation mvolvin6 has the right and e h other matters existing ate such insured unless sac Company loss is claimed the insured lorr at he d this policy, been d'a' S' The of this policy is OPTION OWiAER option, in case any -neared insured owner or other matter shall have andet this Policy by or interest insured by the issuance of th rt' Pay estate encumbrance nor to against a INSURED NESS smeb lien, claim, ice' company in writing P ComPagY of as indebtedness use, o the e SOS of t a'mst anp Person OF INDEBTEDNESS BE CO gage or deed of trust' the inns'' closed to the rights or defually available ag beteundec as AN indebtedness of trust, to Policy. Any insured OWNER OF insured the or deed named insured shall shall become as SECURITY under said mortgage is obligated here - or corporation Ramad insure d. gagor or trustor which the Comp y shall become an the shalt defend Comp and transfer the any successor of such Company at its own cost other g wsth all costs rase ssi n the iadebt- ether shall at once a g DEFENSE OF 2. The or Preece or> against under tof pand such insured of trust and the insured in all actions P mbrance, owner a e or deed shall terminate all ACTIONS on a de feet, olicnl and may Pursue Company acid mo R g a meat the insured founded up this Polley' to the secured, and such insured. ainst by court of last or9Diin case edneas thereby olicp to such insured. matter insured ag rocon shall be begun, of title or liability under this P of any loss or damage litigation to final determination in t c of any clam' cause riting fa liable case any such action or p inured 6 A statement in w the Company within e shall came to any or which migbe liable NOTICE OF company knowledg the title Re Company as r shall or may LOSS £ot which it is nished been ascer- interest adverse to he this policy, in whiting• Policy shall be furnished sbtall have for the r <' I... or damage by vi hue of olic suther ofred shall g. under this P such loss or 'Proceeding a shall be NOTICE OF the Company iven to the core- sixty days after action or P or damage ACTIONS once notify earance LIMITATION tained• I such lose I£ such notice shall not the app or f4 OF AC'PION covery oa any until after full OR CLAIMS Parry at least five day r°ceed,ng, conditions imp TO BE promptly instituted or maintained against all Company used on day m any such seeing a writing, P commenced within GIVEN BY shall not, or other comp] +Race by the insured nor unless of such written such insured lien, encumbrance, this policy, the Company THE INSURED defect, such adverse claim which the insured by notify the ComPacy, of ao[ o£ any onths after receipt by against, of such insured, m respect he twelve m led a o£ the statement. IR addition all matter insure to the know grehended, then all babil'r rand to the Company will pay. this policy, all shall come a is app such notice in re8 and ter- PAYMENT OF 7. The slant by litigation which loss or damag os claim shall cease shall rn any Ioss gee upon the insured in is Company as to each a inge prod a mg,g to so notify LOSS AND costs imp the Company fort he insured, subject of such act" let that failure Company COSTS OF carried on bp, the insured rovided, of any insured urtlesa the Company LITIGATION. litigation cattle, den of the Com - minate; Pro" ce the claim auto failure. The and in action or DORSEMENT of no case P actually pr <judiced by roecuto any be INOF PAYMENT with the Witten Ruth shall be institute and Pin ita opinion, may pa, but not otherwise. The liability shall have the right other act which, title, or any insured ON POLICY Policy shall in no cast excompa ytfs proceeding establish the where this Policy P n the Company wader this a no case shall such total insured and costs which < necesaary or desirable t° all cases defend any and i° no and said costs. All as insured. I° to prosecute or the actual leas of the of this Policy at of the fn- lien or charge, the Company obligated hereon ilia amount the union wits or tee r roeeeding, liability exceed obey shalt reduce damage to as rn- roteeding, the insured shall 98acton ort it writing or defend such 9C at its option, a meats under this Policy Payment of loss or to thlf said land. t e action °r P rosecute and P <rm I rt to u uest- P Y ro tanto, and P Y ° ssi the right to ens P one Whenever request- surance p indebtedness shall ured owner roduc- and all appeals there' °'for auch purp asst the ComPa °y, sured owner °f Company to the insur insured With p o the msurede insured shall a settlement, aecunng of then be demanded by any the name in effecting such liability ent of such Pay1°ent• ed by the Company roceeding, or defending a meat may such action or Y s rosecutingn such manner as is lug phis Policy for indorsem shalt be Payable, gap obtaining wrmease extent and shall re- olicy of indebtedness evidence, roceeding to such and the Company 8• Loss under this P °caner the ComParry, rry -The Com- MANNER OOFF to any insured action °r P, ense so Inca first, or deed of ttuat�eren deemed desirable by entitled to all coats and secured by B, Ingerder of priority be subrogated t° and ded by the Company, Which PAYMENT on payment imburae the insured for any <x in Schedule B, is ° parry shall fees intuited or ezP litigatioPnhe°aord NSURED vests in Igo nterests may , appear, attorney' b the roared i° atinsure and if sueh ownerthei respective other tnaured, may be recoverable on behalf of the sI knowledge and shows, a able to the as their on by the Company par Is means acts loss th it be P y insured ratably or notice which or and thereafter, anyo < to such Re such insured "knowledge" in this P ve knowledge ublic recd app <aI If there ben able to the in- reason of any P and if more than as their does not refer to constructi zespective interesxa may loss shall be P yratably aced to the insured by to such insured be imp, e option to owner of indebtedness, °one, otherwise. g. The ComPa °Y reserves f far ur in the aad if more than ear. OPTION TO aY, settle or compromise claim insured respective interests may app of this policy PAY, SETTLE, OR name of, the insured, any in full at any q No provision or condition of by wrcd by COMPROMISE against or to pay then P WRITTEN waived ar ehaoge a meat of the full amount °f IN can be CLAIMS Company the Secretary, and Payment rued costa na shall liability °£ gEQU1RED TO indocieshl or , aVice- Preside fC the ComPa °Y• time, a ment owah tender acne y the P tfcy, together shall term• of the Core' ssistant Secretary this pa all obhg uent POLICY or an A is Obligated hereunder toip luding aaoand subsea CHANGE the Company heat to any litigation pending party with respect costs thereof. —T P /NE 6VE.4T 1 50 4) /40 A 29 / n N co MT—/ 14o 42e u,7 36 140 N h h 0 ` 0 ` A r, n J So ° 6o GRAND AVf- ° m h I L A VIA-' h co r rA al © �e A m m m A h � 1 a 60 po /40 6 2/ M N Z2 N 80 pie. GRAND INV P E v DI% 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. /-/0/- /. Y 20 N 36 ii o /� 0 3i 3i 3G 3 = 4 5 25 2E 6 7 Q = 26 y ' 2: O V 9 4 = 23 2c' i9 H 12 h V 18 /7 ieo /5 h 0 ` 0 ` A r, n J So ° 6o GRAND AVf- ° m h I L A VIA-' h co r rA al © �e A m m m A h � 1 a 60 po /40 6 2/ M N Z2 N 80 pie. GRAND INV P E v DI% 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.