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D069TITLE GUARANTEE AND TRUST COMPANY OF LOS ANGELES, CALIFORNIA a California Corporation, herein called the Company, for a valuable consideration paid for its Standard form of Policy of Title Insurance Number 1299504 Does Hereby Insure CITY OF EL SEGUNDO, together with each successor in ownership of any indebtedness secured by any mortgage or deed of trust shown in Schedule C, 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 B, 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 dissolution, merger, or consolidation of a corporate named insured, against loss or damage which the insured shall sustain, not exceeding the face amount of this policy, to-wit:— Five Hundred ($500.00) — — — — — dollars, by reason of title to the land described in Schedule B 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 C; or by reason of any defect in, or lien or encumbrance on said title, existing at the date hereof, not shown in Schedule C; or by reason of any defect in the execu. tion of any mortgage or deed of trust shown in Schedule C 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 (a said land, except as shown in Schedule C; all subject, however, to Schedules A, B, C and D and the stipulations herein, all of which schedules and stipulations 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 at 8:30 A.M. on May 20, 1942 TITLE GUARANTEE Awn TRUST COMPANY By 0� President. Attest 1 7 Assistant Secretary. SCHEDULE A The title to said land is at the date hereof vested in CITY OF EL SEGUNDO, a municipal corporation. SCHEDULES B and C Description of the land, title to which is insured by this policy; designated hereafter as `B." Liens and encumbrances to which said title is subject, shown in the order of their priority, and and other matters to which said title is subject; designated hereafter as "C." «B„ Lots 6 and 7 in Block 67 of El Segundo, in the City of E1 Segundo, County of Los Angeles, State of California, as per map recorded in Book 22 Pages 54 and 55 of Maps, in the office of the County Recorder of said County. EXCEPTING all minerals and rights in relation thereto, and all oil, gas or other hydro- carbon substances, but with no right of surface entry, but reserving the right to remove all oil, gas, etc., by : ^whipstock drilling, slant drilling or any other means conducted on property other than the real property herein mentioned, as reserved by Edlou Company, a corporation, by deed recorded May 20, 1942• uGn 1. General and special taxes for the fiscal year 1942 -43 2. Rights of Bray for pipe lines, sewers, pole lines, power lines, conduits and inci- dental,purposes, in streets, avenues and alleys, as reserved in the dedication by Los Angeles Trust & Savings Bank on the map of El Segundo, Sheet No. 7, recorded in Book 22 Pages 54 and 55 of Maps. 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