D020c. a: -8 -44 -.nisi. ro.,, I.A I.ucr
OW14ERS PbL W MW
ISSUED FROM THE OFFICE OF
Ca erg llifll
FRED A. BALLIN. JR., PRESIDENT
LAWYERS TITLE BLDG., 145 NO. BROADWAY, LOS ANGELES, CALIFORNIA
ORDER NUMBER POLICY NUMBER
63166 National Title Insurance Company, a California corporation herein 104031
called the Company, for a valuable consideration paid for this
141 irg of 19dir fitsurttnre
DOES HEREBY INSURE
CITY OF EL SEGUVDO
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 satisfaction of said
indebtedness or any part thereof; and any person or corporation deriving an estate or interest
0 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
$100.00,
10114411 ttnJ ittaurrA sllttil sttslttitt
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,
National Title Insurance Company has caused its corporate name and seal to be hereunto
affixed by its duly authorized officers, this MARCH 14, 1945 AT 6:00 A. M.
N A T I O N A L T I T L E I N S U R A N C E C O M P A N Y
By
ATTEST q �..�
/f •aesm.nr
AUNT SECRETARY
THIS POLICY CONSISTS OF 4 PAGES WHICH ARE NUMBERED AT THE END OF EACH PAGE
/.O. ..Lwm ION. IA "Lm WO .Masi
SCHEDULE A
[1.] The title to said land is, at the date hereof, vested in
CITY OF EL SEGINDO, A MUNICIPAL CORPORATION OF LOS ANGELES COUNTY, CALIFORNIA.
[2.] Description of the land, title to which is insured by this policy:
LOT 28, BLOCK 42, EL SEGUNDO, IN THE CITY OF EL SEGUNDO, SHEET No. 3, IN THE
COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 20 PAGES
22 AND 23 OF MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.
PAGE 2
R.O. lM —TORY .DiF 8- { {•R.Y...11m r,., I. policy &R0 RH[RT
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 dis-
trict, (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. a
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 AND SPECIAL COUNTY AND CITY TAXES FOR THE F16CAL YEAR 1945 -1946,
A LIEN NOT YET'. PAYABLE.
2. GENERAL AND SPECIAL COUNTY AND CITY TAXES FOR THE FISCAL YEAR 1944 -1945,
ASSESSMENT N0. 381- 13 -21, AMOUNT $3.44, FIRST INSTALLMENT $1.72 PLUS PENALTY.
3. A SALE TO THE STATE OF CALIFORNIA FOR COUNTY AND CITY TAXES FOR THE FISCAL
YEAR 1942 -1943, ASSESSMENT 293032 AND SUBSEQUENT DELINQUENCIES. AMOUNT TO PAY
PRIOR TO JANUARY 31, 1945, $8.20.
4. COVENANTS, CONDITIONS AND RESTRICTIONS IMP06ED BY DEED FROM LOS ANGELES
TRUST AND SAVINGS BANK, A CORPORATION, RECORDED MAY 13, 1914 IN BOOK 5787 PAGE
246 OF DEEDS, WHICH PROVIDE AMONG OTHER THINGS THAT A VIOLATION THEREOF. SHALL
NOT DEFEAT NOR RENDER INVALID THE LIEN OF ANY MORTGAGE MADE IN GOOD FAITH AND
FOR VALUE.
PAGE 3
r.o. za, —roan aaoo- 8.44 -w.r. awu,a roaa a roucv rnu sery
STIPULATIONS
SCOPE OF 1. This policy does not insure against, and
COVERAGE the Company will not be liable for loss or
damage created by or arising out of any of the following:
(A) defects, liens, claims, encumbrances, or other matters
which result in no pecuniary lose to the insured; (B) defects,
liens, encumbrances, or other matters created or occurring
subsequent to the date hereof; (C) defects, liens, encum-
brances, or other matters created or suffered by the insured
claiming such loss or damage, or existing at the date of this
policy and known to the insured claiming such loss or damage,
either at the date of this policy or at the date such insured
claimant acquired an estate or interest insured by this policy,
unless such defect, lien, claim, encumbrance, or other matter
shall have been disclosed to the Company in writing prior to the
issuance of this policy. Any rights or defenses of the Company
against a named insured shall be equally available against any
person or corporation who shall become an insured hereunder as
successor of such named insured.
DEFENSE OF 2. The Company at its own cost shall defend
ACTIONS the insured in all actions or proceedings
against the insured founded upon a defect, lien, encumbrance,
or other matter insured against by this policy, and may pursue
such litigation to final determination in the court of last
resort In case any such action or proceeding shall be begun,
or in case knowledge shall come to any insured of any claim
of title or interest adverse to the title as insured, or which
might cause loss or damage for which the Company shall or
may be liable by virtue of this policy, such insured shall at
NOTICE OF once notify the Company thereof in writ.
A CTIONS OR ing. If such notice shall not be given to
CLAIMS TO the Company at least five days before
BE GIVEN BY the appearance day in any such action
or proceeding, or if such insured shall
THE INSURED not, in writing, promptly notify the Com-
pany of any defect, lien, encumbrance, or other matter insured
against, or of any such adverse claim which shall come to
the knowledge of such insured, in respect to which lose or
damage is apprehended, then all liability of the Company as to
each insured having such notice in regard to the subject of
such action, proceeding, or claim shall cease and terminate;
provided, however, that failure to so notify shall in no case
prejudice the claim of any insured unless the Company shall
be actually prejudiced by such failure. The Company shall have
the right to institute and prosecute any action or proceeding
or do any other act which, in its opinion, may be necessary
or desirable to establish the title, or any insured lien or charge,
as insured. In all cases where this policy permits or requires
the Company to prosecute or defend any action or proceeding,
the insured shall secure to it in writing the right to so proso-
cute or defend such action or proceeding, and all appeals there.
in, and permit it to use, at its option, the name of the insured
for such purpose. Whenever requested by the Company the
insured shall assist the Company in any such action or proceed-
ing, in effecting settlement, securing evidence, obtaining wit-
nesses, prosecuting or defending such action or proceeding to
such extent and in such manner as is deemed desirable by the
Company, and the Company shall reimburse the insured for
any expense so incurred. The Company shall be subrogated to
and be entitled to all costs and attorney's fees incurred or
expended by the Company, which may be recoverable by the
insured in any litigation carried on by the Company on behalf
of the insured. The word "knowledge" in this paragraph means
actual knowledge, and does not refer to constructive knowledge
or notice which may be imputed to the insured by reason of
any public record or otherwise.
OPTION TO 3. The Company reserves the option to
PAY, SETTLE OR pay, settle, or compromise for, or in the
COMPROMISE name of, the insured, any claim insured
CLAIMS against or to pay this policy in full at
any time, and payment or tender of
payment of the full amount of this policy, together with all
accrued costs which the Company is obligated hereunder to
pay, shall terminate all liability of the Company hereunder,
including all obligations of the Company with respect to any
litigation pending and subsequent costs thereof.
PAGE 4
SUBROGATION 4. Whenever the Company shall have
UPON PAYMENT settled a claim under this policy, it
OR SETTLEMENT shall be subrogated to and be entitled
to all rights, securities, and remedies
which the insured would have had against any person or
property in respect to such claim, had this policy not been
issued. If the payment does not cover the loss of the insured,
the Company shall be subrogated to such rights, securities,
and remedies in the proportion which said payment bears to the
amount oT said loss. In either event the insured shall transfer,
or cause to be transferred, to the Company such rights, recur.
ities, and remedies, and shall permit the Company to use the
name of the insured in any transaction or litigation involving
such rights, securities, or remedies.
OPTION TO PAY 5. The Company has the right and
INSURED OWNER option, in case any loss is claimed
OF INDEBTEDNESS under this policy by an insured owner
AND BECOME of indebtedness secured by mortgage
or deed of trust, to pay such insured
OWNER OF the indebtedness of the mortgagor or
SECURITY trustor under said mortgage or deed
of trust, together with all costs which
the Company is obligated hereunder to pay, in which case the
Company shall become the owner of, and such insured shall at
once assign and transfer to the Company said mortgage or deed
of trust and the indebtedness thereby secured, and such pay.
ment shall terminate all liability under this policy to such
insured.
NOTICE OF 6. A statement in writing of any loss or
LOSS damage for which it is claimed the Company
is liable under this policy shall be furnished to the Company
within sixty days after such loss or damage shall have been
ascertained. No action or proceeding for the recovery of
LIMITATION any such lose or damage shall be instituted
OF ACTION or maintained against the Company until
after full compliance by the insured with all
the conditions imposed on the insured by this policy, nor unless
commenced within twelve months after receipt by the Com-
pany of such written statement
PAYMENT OF 7. The Company will pay, in addition to
LOSS AND any loan insured against by this policy,
COST$ OF all costs imposed upon the insured in liti-
LITIGATION. gation carried on by the Company for the
insured, and in litigation carried on by the
INDORSEMENT insured with the written authorization of
OF PAYMENT the Company, but not otherwise. The
ON POLICY liability of the Company under this policy
shall in no case exceed, in all, the actual
loss of the insured and costs which the Company is obligated
hereunder to pay, and in no case shall such total liability ex-
ceed the amount of this policy and said costs. All payments
under this policy shall reduce the amount of the insurance pro
tanto, and payment of loss or damage to an insured owner of
indebtedness shall reduce, to that extent, the liability of the
Company to the insured owner of said land. No payment can
be demanded by any insured without producing this policy
for indorsement of Such payment
MANNER OF g- Loan under this policy shall be payable,
PAYMENT OF first, to any insured owner of indebtedness
LOSS TO secured by mortgage or deed of trust shown
INSURED in Schedule B, in order of priority therein
shown, and if such ownership vests in more
than one, payment shall be made ratably as their respective
interests may appear, and thereafter, any loss shall be payable
to the other insured, and if more than one, then to such insured
ratably as their respective interests may appear. If there be no
such insured owner of indebtedness, any loss shall be payable
to the insured, and if more than one, to such insured ratably
as their respective interests may appear.
WRITTEN 9. No provision or condition of this policy
INDORSEMENT can be waived or changed except by writ.
REQUIRED TO ing indorsed hereon or attached hereto
CHANGE signed by the President, a Vice - President.
POLICY the Secretary, or an Assistant Secretary of
the Company.
I I l—__ I
—1 5o H 140 � o n 29 w H 6o
h
h ROLL Y
140 O 20 N 36140 N
a 2 V 33
= 3 t 32 =
= 4 3i
3a
5 Z9
6 2
27 7
Q = 7 _ = 26 =
V 25
B A At � z =
O .9 e = z3
• 22 , t
20 rk
(Oj h i2 h i�
-
O N 14 N
So "� 1 140 60
GRAND AVE
h
AVE.
80 N l ta° N 3 140 N 60
2 3
3
= 4 � = 33 ••
5 32
7
9
/0
/21
■
0
D
A
A
AVE.
A
9
9
A
0
a
9
A
A
m■
G
B
0 1
0
0
A
Zo 140 G 60
m
' 21
80 iao Alle'
m &90
R
IB"
,RAND E. a
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.
L