D082F..1012.1 648
Ccllfomis Lmd Title AseodcHon Smndud Form
Copyri`At J 94 (T. L AerW= 4 -44)
Premium $...:34 --
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, any federal agency or instrumentality acquiring said
land under an insurance contract or guaranty insuring or guaranteeing 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 cor-
porate 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
A
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, T'
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 S ��
FRUMENT
G� t aJ yW+{ y G� ✓yi � t 9
._........ ..... .. rs ------------
SECRETARY
4�r.
Po*m 1012 -A 11 -48
akw
95
SCHEDULE A
Amount$3500.00 Date July 8, 1949 at 8:00 A. M. Policy No. 3053838
INSURED
CITY OF EL SEGUNDO, A Municipal Corporation of Los Angeles
County, State of California
1. The title to said land is, at the date hereof, vested in
CITY OF EL SEGUNDO, A Municipal Corporation of Los Angeles
County, State of California
2. Description of land in the county of Los Angeles, state of California, title to which
is insured by this policy:
Lot 8 in block 67 of E1 Segundo, in the city of El Segundo, as id
per map recorded in book 22 pages 54 and 55 of Maps, in the
office of the county recorder of said county.
Fm I0I2-0 648
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 and special county and city taxes for the fiscal
A� year 1919 -1950, a lien not yet payable.
2. Covenants, conditions and restrictions contained in deeds
from Los Angeles Trust and Savings Bank, recorded in book 6793 1„
page 259 of Deeds, which provide that a violation thereof shall t+
not defeat or render invalid the lien of any mortgage or deed
of trust made in good faith and for value.
onn tola-C-t 6.48
STIPULATIONS shall have set -
SUBROGATION 4. Whenever the r this Policy, it shall be
1. This policy does not insure against, and the UPON PAYMENT tied a claim under this i d t
SCOPE s will not be liable for loos the damage we OR SETTLEMENT subrogated to and be endued d all tigers,
OF Come Y out of any ro er in respect to such claim, had
created by it arising securities, and remedies which tee insured would have had
COVERAGE b defeMS, against any person or P P tY
ingp (a) defects, liens, clatma,loo W bhe ins insured-, ot(e) matters this p ,y shall be subrogated to such d
pecuniary oli not been Issued. If the paying
does not cover e
which result in no pen loss of the insured, the company ro opion which
c defects,rliens, earn claiming rights, securities, and remedies in the P P
liens, encumbrances, or other matters created or occurring nces, a meat bears to the amount of said loss. Io either event the
subsequent to
the date hereof; O and shall permit
or other matters crea
Policy and known to insure shall transfer, or cause to be transferred, to the om-
¢; or (d) defects, liens, encumbrances, or P Y
red oz suffered y
aucb lost or damage; at the date of this p cY party such rights, securities, and remedies,
Other matters existing ante loss a damage, either at the date he ompany to use the name o£ tit he insured remed esaction
the insured claiming or litigation involving such Thies +Company has the right and
Of this policy this policy, unless such defect, loss is claimed
or at the date such insured claimant acquire an option is case any
estate o, interest insured by INSURED OWNER an insured owner
lien, claim, encumbrance, or other mattterrosehelligsuance of dthis OPTION TO Ply
under this Policy by mort-
lien, C to the Company in writing prior against a OF INDEBTEDNESS o4 an indebtedness secureo P y such
Any rights or defenses of the company ag organ AND BECOME gage or deed of trust,
policy uall available against any p insured the indebtedness of the 'or
t-
named insured ,hall be eq Y SECURITY
is obligated here-
on trusmr under said mortgage or deed of trust, to-
ot corporation who shall become as inauzed hereunder an OWNER shall become the
successor of such named insured. proceedings against sorbet will all costs hich the Company
DEFENSE OF 2. The Company at its own cost shall defend geth,
ACTIONS Ile insured in all actions or P pursue such owner of, and such Insured slap at once assign and transfer
the insure founded upon a defect, lien, encumbrance, or other under to Pay, said mortgage or dedorshalln terminate all
tint by this Policy, and may P and such Payment
matter insured ag urt o4 last resort. ase edness thereby secured.
litigation to final determi °octeedingtshall be begun,
case any such action or F insured of any 6. A statement in writing of any lo r damage le
claim of title or liability under this policy to such insure
ht cause NOTICE OF for which it is claimed the company
knowledge verse come to any be liable LOSS Company within
e for which the Company ,ball or may alit shall be furnished to the Co P Y
interest adverse to the title as insured, ° u which
n mod shall at under this p y for the re'
Ions or damage virtue o£ this Policy, roceeding
NOTICE OF by an thereof in writing• sixty days after tainedsNoracti na or pall have been asce -
OTTIONS once notify the Company Y iven to tee Com- LIMITATION cove - of any such loss or damage shall be
OR CLAIMS If such notice shall not beg earance OF ACTION against the Company until after full
or if osed on
,FO BE patty at least five days before the apP nor unless commenced Within
day in any such action or proceeding, instituted or m het insu need With all the ss commie imp
GIVEN BY Y romptly compliance lY this Policy, of such Written
lien, encumbrance, or other the insured by tit¢ Company
TAE INSUAEDany Of defect, I not, in encumbrance, pro
twelve months after receipt by
notify the Comp against, or of any such adverse alarm which statement. an wip pay, in addition to
matter insured ag snub insured, in tespeM to OF q, The Como y
shall come to the knowledgreherided, then all liability of the PAYMENT any loss insured against by this Policy, all
which loss or damage is aPP LOSS AND used u on the insured in litigation notice COSTS OF costs Trop P an for the insured,
Company as to each insured having 9"
claim shall crag and ter- carried on by the Company y the insured
subject of such action, PTUCeedingr LITIGATION.
insured unless the Company INDORSEMENT and in litigation carried on y
urinate; provided, however, that failure to so notify shall m with the written authorization of the Cam -
no case prejudice the claim of any OF PAYMENT an but not otherwise. The liability o4
oc a actually prejudiced by such toyecute any action or ON POLICY P, Y+
in.y may be an under this Policy shall m no case exceed, z ails
shall have the right tother iacewhchPm its oP insured the Comp Y
proceeding or do any the actual loss o£ the insuced and feno Case shall such total
oli er- obligated hereunder to pay, y, and said costs. All
necessary or desirable snsured. Inaalll scasesewhete this P P Liability exceed the a olunt shall reduce the amouat of the fn-
lien or charge, an to prosecute or defend any
miss or requires
the Comp Y pay
utter this nd p Y
roceeding, pro canto, a ment of loss or damage xt an the
the insured shall secure to it in writing p
action or p surance p
permit it to use, at its option, the cured owner of fndeb81d °tog the insured ed reduce, ownerh of said extent, land.
the right to so prosecute or defend such action or r reritiestz liability of the Company y insured without produc-
and all appeals therein, and such Wbenever requested be demanded by any
name of the insured for such purpose. a° in No payment may payment-
by
the Company the insured stall assist ing ettles to securing ing this policy for indorsement of is policy shall be PaYable,
any such action or Proceeding, in effecting g, Loss under this
prosecuting or defending such MANNER OF first, to any insured owner of indebtedness
evidence, obtaining witnesses, P seals re- PAYMENT OF
LOSS TO secured by mortgage or deed If trusts own
action or proceeding to 3n,.mpany land the Company shall l is is Schedule B, in order of priority therein
deemed desirable by ease so incurted. The Com- INSURED pay-eat
imburse the insured for any exp which shown, and if such ownership vests in more than one,
Parry shall be subrogated to and be entitled the Compay, and a able t° the other insured,
attorneys' fees incurred or expended by stall be made ratably s s their
hall be p payable interests may appear,
and thereafter, any then to such insured ratably as their The word may be recoverable by the insured in any litigation carried tad if more than otter a ear. If there ed no such insured
on by the Company on beahabffineans actual knowledge' and respective interests may appear. a able to the in-
"knowledge" in this parag P owner of indebtedness, any lossauhhal'nsured ratably as their
reason of any Public record or cured, and if mote than one, to
does not refer to Constructive knowledge or notice which may a ear.
be imputed to the insured by respective interests may PP
otherwise. reserves the option to DEFINITION 9. The term "Land+• when used herein shall be
OPTION TO 3. The Company compromise for, or fn the OF LAND construed a include improvements the land herein described
PO settle, or comp claim insured specifically or by reference and improvements affixed thereto
pAy, SETTLE, OR name of, the insured, alit in full at any property.
COMPROMISE Against or ro Pay this P Y which by law constitute real alit
CLAIMS a meat of the full amount o£ WRITTEN 10. No provision of condition o£ this p Y
time, and payment or tender of p Y
this Policy, together with all accrue teim,aa terminate liability of INDORSEMENT indorsed hereon or attached hereto eto signed by
REQUIRED TO
I, obligated hereunder to P y, CHANGE the President, a Vice - President, the Secretary,
the Company hereunder, me u! Penlding nand £subsequent POLICY or an Assistant Secretary of the Company.
pany with respect to any
costs thereof.
Blocks 67, 68, 69, 117, 119, 120, and /2l
EL S,EGUNDO
cook 22 P4,7e5 54 Ono/ 55 of Map✓'
P. 6:7.56 //7
ado v IQ5.38 b I�l .31 // 0i /,q p9 a�j LOT I
50 1 0�1 3.1210 a 50 1 �� "'B8 �'
� 1°r 9 �° 2 /�o.
110.13
3 41
s
3 °vl ° 8 °v�°3 / w8 o406a �� ro
�a
If Ql ° 7 °h°4 7 °� l I �,sor
143 / 6 ° ° 5 uo l7. uQ.,3 6 a o so° 311P.0
o PINE AVE. h
e
0
J
50
h
1
13.11°
h
h IB
h
h
2
h
h
17
h
h
3
h
h
16
h
h
4
h
h
15
h
h
5
46
°
14
h
h
6
h
h
13
/4
h
7
h
h
t2
h
h
8
h
h
//
h
E19
/0
°
2
Ck
a
50
a / /10.17.
l /o/22
v
/07. 0,21 rr°
3
/06.9520 C°
°2
21
a 5
106 so 18 a
P 6 6
9 17
43
20
B
l5
°9
/4°
4
/9
v l/ 1/0
5
/8
a 6 66
/7
°
a 7
/6
8
J5
9
/4
°
Flo
l3°
� 11 /w!2
1/01312
�
3
0
e
3.0
I�
1 /110
1070622
2
/07. 0,21 rr°
3
/06.9520 C°
°V 4
/06.90/9 °v
a 5
106 so 18 a
P 6 6
9 17
°7
B
l5
°9
/4°
l0
v l/ 1/0
106.4812
Ce
Zt
U
60
M
H
0
HOLLY AVE, h
1
THIS IS NOT A SURVEY OF THE LAND BUT IS COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORDS.
Y