D026. ...... ........_ --
Policy No. 1213661
LE GUARANTEE AND TRUST COMPANY
a Corporation of Los Angeles, California, herein called the Company,
for a valuable consideration paid for this Policy of Title Insurance,
Does Hereby Insure
CITY OF EL SWUNDO
together with each successor in ownership of any indebtedness secured by any mortgage or deed of trust N4
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 in said land, as an heir or devisee of a named insured, or by reason of the dis•
solution, merger, or consolidation of a corporate named insured, against loss or damage not exceeding
----One Hundred Fifty Dollars (6150.00) --
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 unmarket.
ability 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 stipula.
tions are hereby made a part of this policy.
In Witness Whereof, Title Guarantee and Trust Company has caused its corporate name and seal
to be hereunto affixed by its duly authorized officers, this 3rd day of July 1940 at 8:30 A.M.
TITLE GUARANTEE AND TRUST COMPANY
By A_., — e —President.
Attest
Assistant Secretary.
This Policy consists of 4 pages which are numbered at the end of each page. 1
SCHEDULE A
[1.] The title to said land is, at the date hereof, vested in
CITY OF EL SEGUNDO,
a Municipal corporation.
[2.] Description of the land, title to which is insured by this policy:
Lot 39 in Block 42 of El Segundo, Sheet No. 3, in the City
of El Segundo, County of Los Angeles, State of California, as per
map recorded in Book 20 Page 22 of Maps in the office of the County
Recorder of said County.
Page No. 2 of Policy No. 123,3661
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 con-
structive 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:
General and special taxes for the fiscal year 1940 -41.
Page No. 3 of Policy No. 721,3661
f,
scope 1, This STIPLUTIONS
or pan policy does not insure again
(a) dR COMP yy ill not be liable for loan or dal a SUBROGATION q, th
(a) defects eye ated by or arising out of an
result , no liens, claims, Y of the following oR a PAYMENT a � Whenever the Compxn
mbrancesVocumarY Joas to tbea.neuI r other matting Which* ties, gated Lp under this Inli y ahel$beye Settled
to t or other (b) s and re d If °y' it shall subs,
[o the date
ated soft (e matters crliene, encumurrin elects, 4unt not person or pro enymip Lt�e insured twouldohave rights, aeCtiri'
mattms or suffered bete, g aubae b pp wool
dama6 °; or s, liens, insured claiming such Joao er Insured,ntheaCo' If the Peet coos led toaSuch m had gautst
(d) defect y the ' or o payment
existing at the date of this ° °cumbrance or ties, P ny shall be n the loss claiming such loss Policy and Imo or other matte to and remedies in the cover
or at the date such •• °S damage, either wit to the insured to the amount of said Ioss which
insured b insured claimant at the date of this transfer, or cause to be In either sai Pa
o t
Cars
y h s of acquired en estate policy securities, an transferred, to event the y need Kara
other matter unless sue ate or i t d rime the Com insured ell
hrenwce, or shall bane b d °feet lien claim, n iris- the name s, dies, sad ahall Aany such lights
nhng Prior to een disclosed to the .0 eneum- each rights, the insured in a Permit the Company �se
defenses of the ib° isstiance of this mpany g securities, or remedies, IT permit
or litigation invto u
comelan insn insured beret, any Person or co ,drat enured sihalls be INSURED WNER S• The Company lying
DEFENSE OF 2 der as sLLCCegsor of aReh named mall be- OF INDEBTED m cane has the right and spite
ACTIONS • The Co pail aured. AND RECO. Res policy a Icy loan is claimed under n'
Insured fondedn¢ red in all actions p` wn cost shall defend the y an insured owner of this
sece�et'ty eedness rayed b
ter insured a Pon a defect, lle Proceedings against the
Y men an mdebt-
to final determinati nyinhthe ooey' and n>etq Au,a�a�°e such �e�a> BOn said �mn�gaa a or deed of ,trust, �B -her igagoz or -the or deed indundef
action or proceeding shall ° urt of last resort, I lit. Com
Come le any Insure be hegn, or in Case knowle any auch Puny shall becomat'd hereunder toepa in all costs which the
the title ea insured, of any claim of title or f °due shall assign and e the owner of, end y awrced cage the Com.
which Hie Com or which )night cause loss trust ere rider a Company sa d i shall at once
merest adverse to and :h yy
NACTII
ACTIONS P Poylicyalsucb or neared liable by or damage °e shall terminate a71 liability under thi Mortgage and such deed of
secured,
OR oLBEMB COMP hn An c9]i at once notify, the NOTICE OF a Policy Payment
➢ thereof in Y to such insured.
OtvNSU ED shall not be givenneta "g' If such at L�I»a oli 6, A statement in
THE INSURED days before the C °aiPan under for which it is cI filii gLbf an loss aimed shall not such action or anPeara if day .n any days P icy call be famished to the e C Peny is 1ia67e
lien, ' m writing, prom tl Proceeding, or if such ' Y after such loss
encumbrance, P Y notify the Company of an inetired GMIT Tt action damage shall hive hompany within Silly
such adverse claim which er matter insured a ➢ defect, a oN or prooeedin
insured, ' shall come to the kgamat or of an °F ACTION such 1089 or damage shior e Ascertained scertaine .
m respect t° which howled all be f recovery of any en All liabIlfty of the C ch lags or damage is a ge of such Pliance by the iiamed against the Com netitu[ed or ma'
in regard to the a l of such c .usured ay* eudb ohen 'nam d h nsured nor all tb PanY Until after full m• as to
Shall cease ub'e havIn t -hie Polio a conditions c0m•
notify shall and terminate; providedction, Proceed' or cjmm months after nisei y Hie Co unless comma »posed on the
the Cam y $hall be prejudice the, Lowever, that failure to PAY OF Pt b Company of Such star twelve
Comp an Pan actually claim b s° PAYMENT 7. The Pan ch written statement.
y shall have the y Prejudiced ➢ such fared unless OBBB AND lose in Com Y will PAY, in
action or Proceeding right to institute and )lure. The OF aured against b
may he nee g de do an➢ other act Prosecute a LITIGATION imposed upon the i y pan ditfon
an 1ND0 this c& all
au red lien or Charge a dA .rahis to establish is �° its opinion, RBEMEN7 on by the Com ynsure in litigation t Costs
permits or °rang °' as 'Retired, In all casrH,s a title, °r any n- OtNPP YMENT gation carried onnb for the insured, and Tarried
action or Pro eeding the )nev=er prosecute rorTedefis any this OLtcY " authorimtion of to man d n it ih° writ• Shall the right to so prosecute or defend such eeent s, t o n policy ah a w e li abilall, the y but not
and all appeals there' permit it i2 in writing insured and )R no sae exceed, l I Ira ompany under
Rama of the insured for and r proceedin Pa a ,n no y actual Joie of
actionoorppro the insure auc asp rat t�henever trequruon, ire sh ll reduce end se'dal Costs, t�alnliebili bl)tad h hccug d" tto
proceed, eeseIn d Shall the Com a by ce the 1 a Y exceed t mount
obtaining witness g' os cut' or defend in t' p nY n any sun], of loss Lor[hat amount own eats pa
reeding to such �' Pr °eecutfn securing evidence, reduce, damage to anf is uredaSmice pr° an to e8nd is Policy
Able b extent and in $LLCh B Blur action or pro- owner of said land. No a liability r m a debtedness bent
insured yforeanompany. and the Comanner as is deemed desir- sured with Y of the Co
subrogated to an 82 en9C so incurred, shall reimburse Producin Payment maY be dip °y to the insured
{' pen6y mended
incurred d De entitled to el] costae $company call be payment' B this policy for Ind ended by any fn•
able b 0o eAPended by the Company which n18ttorn MANNER OF suer
n behalf o #nsure, in eY'9 foes PAYMENT OF 8' Imes under t
the insured •y Theationd Carried by the Crecover- PAYMENT L t° a his Policy ans actual B To ray insured owner o£ indebtedn Payable, d b'
e graph me know word won ge" ))' RED mortgage knowledge or notice ge, and does not refar t m Hits case- B Be or deed of trust show ass Secure y
reason of an which may biemIm a constredetbo s th , P�vests in Ord" h prleo�nlyy therein sb wlra ag„de Schedule ];
Y Public record on orb se. to the Insu as their r n on
PAY,
OPTION ITTLE 3• The Com y shall be PeII ve interests may Meat shall be me ably the COMPROM[BE R settle, or compromise IR theOption 10 Pay, If such beano su e to atahly ads etheiure d, ands interests more than ono, H1ens
cLamB the this policy in full at shred against or to eta Payable to th - cured, and if m f u ay a
mint or tender of Pay this indebtedn,,,, y Des shall
Pear.
heseuunder to Accrued all r decocts whicbfitheamount of this p LLe� Y as their respeotfve interests may gait one, to soot insured
accrue the
hereunder, includin shall terminate all Company is obi i y IN evRiTrEN 9. PPear,
to an g pending sad C11 y of the C
with 0e P c� REQUIR sTOT doravaly �eonoc8n8 d except{by is Poheq can
Y litigation g of
Data thereof, POLICY President, a y °attached �ritinng in-
heel0 Sl
an Assistant Secretaary ofethe Company Secretary or
of Policy No, X13661
J L- l- -- -.-i I i . 11 . J L
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GRAND AVM PE NO
EL SEGUNOO
BLOCKS 42 TO 44, 57 TO 59
THIS IS NOT A SURVEY OF THE LAND BUT 15 COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORDS