D090CITA'Standard Cowraaa FN and Ea,ament Form
Copy,fght 7952
1069 2.52
Fee $ 2 ,5.00
POLICY OF TITLE INSURANCE
ISSUED BY
TITLE INSURANCE AND TRUST COMPANY
OF L O S A N G E L E S
Title Insurance and Trust Company, a corporation, of Los Angeles, California, herein called the Com-
pany, 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 the persons and corporations included in the definition of "the insured" as set forth in the
stipulations of this policy, against loss or damage not exceeding the amount stated in Schedule A which
the insured shall sustain by reason of:
1. Title to the land and easement described in Schedule A being vested, at the date hereof, otherwise than as herein
stated; or
2. Unmarketability, at the date hereof, of the title to said land and easement of any vestee named herein, unless such
unmarketability exists because of defects, liens, encumbrances, or other matters shown or referred to in
Schedule B; or
a� O
3. Any defect in, or lien or encumbrance on, said title, existing at the date hereof, not shown or referred to in
Schedule B; or
4. Priority, at the date hereof, over said easement, of any lien or encumbrance upon the land which is subject to
said easement, unless such lien or encumbrance is shown in Schedule B; or
5. 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 and easement; or
6. Priority, at the date hereof, over any such mortgage or deed of trust, of any lien or encumbrance upon said land
and easement, except as shown in Schedule B, such mortgage or deed of trust being shown in the order of its
priority in Part Two of 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 �U� t b' A&kA4t"
PRESIDENT
Attes
M
SECRETARY
1069A (2 -52)
CLTA Smnd.rd Co,er.9e Fee ..d Eo..ment Form
Copyright 1952
PC
SCHEDULE A
Amount$ 1,000.00 Date May 12, 1953, at 8 a.m. Policy No. 3828855
INSURED
CITY OF EL SEGUNDO, a municipal corporation.
1. The title to said land and easement is, at the date hereof, vested in:
CITY OF EL SEGUNDO, a municipal corporation.
2. Description of land in the county of Los Angeles , state of
California, and the easement affecting land in said county and state, title to which is insured
by this policy:
PARCEL 1: The south 50 feet of the west 30 feet of lot 11
in block 111 of E1 Segundo, in the city of E1 Segundo, as
per map recorded in book 20 pages 114 and 115 of Maps, in
the office of the county recorder of said county.
PARCEL 2: An easement and right of way in,
the westerly 15 feet of lot 11 block 111 of
the city of E1 Segundo, as per map recorded
114 and 115 of Maps, in the office of the a
said county for sanitary and /or storm drain
thereof included in parcel 1 above.
under and along
E1 Segundo, in
In book 20 pages
>unty recorder of
except any portion
A1�1
0
1
CLTA awadnd Cove Fee and Eteeweat Form
copyright 1957
10599 7-57
SCHEDULE B
This policy does not insure against loss by reason of the matters shown or referred to in this Schedule
except to the extent that the owner of any mortgage or deed of trust shown in Part Two is expressly
insured in paragraphs numbered 5 and 6 on page 1 of this policy.
PART ONE: This part of Schedule B refers to matters which, if any such exist, may affect the title to
said land or easement, but which are not shown in this policy:
1. Taxes or assessments which are not shown as existing liens by the records of any taxing agency or by the public
records; and easements, liens or encumbrances which are not shown by the public records.
2. Rights or claims of persons in possession of said land and easement, or of the land subject to said easement,
which are not shown by the public records; and termination or impairment of said easement occasioned by facts
not disclosed by the public records.
3. Any facts, rights, interests, or claims which are not shown by the public records but which could be ascertained
by an inspection of said land or of the land subject to said easement, or by making inquiry of persona in
possession of said land and easement, or of the land subject to said easement, or by a correct survey.
4. Mining claims, reservations in patents, water rights, claims or title to water.
S. Any laws, governmental acts or regulations, including but not limited to toning ordinances, restricting, regu-
lating or prohibiting the occupancy, use or enjoyment of said land or the land subject to said easement, or
any improvement thereon, or said easement, or my wang ordinances prohibiting a reduction in the dimensions
or area, or separation in ownership, of my lot or parcel of land; or the effect of my violation of my such
restrictions, regulations or prohibitions.
PART Two: This part of Schedule B shows liens, encumbrances, defects and other matters affecting the
title to said land and easement, or the land subject to said easement, or to which said title is subject:
1. General and special county and city taxes for the fiscal
year 1953 -1954, a lien not yet payable.
a1� 2. Covenants, conditions and restrictions contained in the
`� deed from Los Angeles Trust & Savings Bank, a corporation, \
recorded prior to February 15, 1950, in book 6406 page 266 -�
of Deeds.
0
L
CLTA Standard Coverage Fee and Easement Farm
Copyright 1952
1069C 2 -52
1. SCOPE OF COVERAGE
This policy does not insure against, and the Company
will not be liable for lose or damage created by or
'sing out of any of the following: (a) defects, liens,
claim., encumbraace., or other mothers which result I.
no pecu fiery foe. to the insured; (b) defect., lien.,
encumbrances, or other matters created or occurring
subsequent to the data hereof; (c) defae:s, liens,
arcurnly, o a other matter. created or suffered by
the iv ..ad claiming much loss or damage; or (d)
defects, liens, clafna, encumbrances, or .,her matter.
existing at the date of this policy and known to the
insured claiming each loss or damage, either at the
date of this policy or at the date such insured claim.
ant acquired an estate o interest insured by thin
policy, ..Is.. each defect, lien, claim, a e umbrance
or other matter shall have been disclosed to the Core.
pany in writing prior to the issuance of this policy or
appeared at the data of this policy on the public
cords. Any right. or defenses of the Company
against a med insured shall be equally available
against any person or corporation who shall become an
ensured hereunder as successor of such named insured.
2. DEFENSE OF ACTIONS. NOTICE OF ACTIONS
OR CLAIMS TO BE GIVEN BY THE INSURED
The Company at fu own cost shall defend the insured
in all litigation con.imtmg of actions or proceedings
against the i s ured, or defenses, restraining orders,
or injunction interposed against a foreclosure o r sale
s
of the land and easement described in ScheduleA in
satisfaction of any indebtedness, the o of which
is insured by thin policy, which litigatio are, of
founded
upon a defect, lien, encumbrance, or other matter
insured again.[ by this policy, aad may puns., each
litigation to final determination in the court of last
sort. In came any such litigation shall become known
to any insured, or se knowledge shell came to
any insured of any claim of title at interest which is
adverse to the title an insured or which might cause
lose or damage for which the Company shall o r may
be liable by virtue of this policy, such insured shall
notify the Company thereof in writing. If such notice
shall not be given to the Company at least two days
before the appearance day in any such litigation, or
if such insured shall not, in writing, promptly notify
the Company of any defect, lien, encumbrance, or
other matter insured .,!.a,, or of any each adverse
claim which shall .... to the knowledge of each
insured, 1. respect to which In.. or damage e appre.
handed, then all liability of the Company as on each
insured having much knowledge .hall eea.e and fermi.
sate; provided, however, that failure to so notify the
Company .hall in n rte prejudice the claim of any
insured unless the Company shall be actually preju-
diced by such failure. The Company shall have the
right to institute and prosecute any action or pro.
reeding or do any other act which, in its opinion,
may he ary or desirable to establish the title,
or may insured lien or charge, as med. in all cos
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 e
Prosecute or defend such action or proceeding, and
all appeal% therein, and permit it to use, at in option,
the name of the insured for such purpose. Whatever
requested by the Company the insured shall a e ier the
Company in any such action or proceeding, i edect.
ing settlement, securing evidence, obtaining witnesses,
prosecuting or defending such action or proceeding,
to such extent and in such m n m
,. deeed
desirable by the Company, end the Company shall
reimburse the insured for any expense red.
The Company shall be sub rogeted t. end be entitled
to all costs and attorneys' fees incurred o expended
by the Company, which may be
recoverable by the
insured fn may litigation carried an by the Company
STIPULATIONS
n behalf of the insured. The word "knowledge" to
this paragraph means actual knowledge, and does not
refer to constructive knowledge or notice which may
be imputed to the insured by the public records.
3. NOTICE OF LOSS. LIMITATION OF ACTION
A statement in writing of any loss or damage for
which it is claimed the Company is liable under this
policy shall be furnished to the Company within sixty
days after each loss or damage shall have been ..car.
tafned. No action or proceeding for the recovery of
any such loss or damage shall be instituted or main.
twined 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 month. after receipt by the Company of much
written statement.
4. OPTION TO PAY, SETTLE, OR COMPROMISE
CLAIMS
The Company reserves the option to pay, settle, or
compromise for, or o the .e of, the insured, any
claim insured against or to pay this policy fn 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 here-
under, including all obligations of the Company with
respect to any litigation pending and subsequent caste
thereof.
5. SUBROGATION UPON PAYMENT OR SETTLE.
MENT
Whenever the Company shall bete settled a claim
under this policy, it sbull be sub rogeted to and be
entitled to all rights, securities, end remedies which
the insured would have had against any person or
Property in respect to each claim, had Ibis policy not
been . n ued. If the payment does not c er the lam.
of the red, the Company shall be submgated to
such rights, securities, and remedies in the proportion
which said payment Learn to the amount of said loam.
1. either ei,em the insured abull vnn.fer ., ..as m
be cmum er,,d, to the Company such rights, securities,
and remedies, and shall permit the Company to use
the name of the insured fn any Imnsaetion or litigation
involving such right., • .uritiee, or remedie..
6. OPTION TO PAY INSURED OWNER OF IN-
DEBTEDNESS AND BECOME OWNER OF SECURITY
The Company has the right and option, fn s any
]see is claimed under This policy by me insured a e
of an indebtedness secured by mortgage or deed of
trust, to pay such insured the indebtedness of the
mortgagor or truster under maid mortgage or deed of
trust, together with all costs which the Company fm
obligated hereunder to pay, in which ca a the Co-
Pa., shall become the owner of, and much inured
shall at once assign and transfer to the Company, said
mortgage or deed of trust and the indebtedness thereby
secured, and such payment shall terminate all liability
under thin policy m such insured.
T. PAYMENT OF LOSS AND COSTS OF LITIGATION
INDORSEMENT OF PAYMENT ON POLICY
The Company will Dmy, he addition m any lee. insured
against by this policy, all costs imposed upon the
insured in litigation carried on by the Company for
the insured, end is litigation carried on by the insured
with the written authorivtioa of the Company, but
not otherwise. The liability of the Company undo
,him policy shall in an . exceed, in all, the actual
lose of the insured and cast. which the Company is
obligated hereunder m pay, and in vo case shall much
total liability exceed the amount of this policy and
.aid costa. All payment. order this Policy shall reduce
the .mount of the insurance pro fuels, and payment
of loss or damage to an insured owner of indebtednen
.hall reduce, to that extent, the liability of the Co..
Deny to the insured owner of said land. No payment
may be demanded by say insured without producing
this policy for indoreement of such payment.
E. MANNER OF PAYMENT OF LOSS TO INSURED
Lose under this policy .ball be payable, first, to say
insured owner of indebtedness secured by mortgage or
deed of trust shown in Schedule B, in order of priority
therein shown, and if such ownership vests in more
then one, payment shall be made ratably as their re
.pective interest. may appear, and thereafter any lose
shall be payable to the other insured, and if more
than one, then to such insured ratably as their reaper.
Live 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.
9. DEFINITION OF TERMS
The following terms when used in this policy mean;
(a) n med insured": the persons and corporations
earned me insured fn Schedule A of this policy; (b)
"the imured"; each named fn ured together with (1)
each successor in ownership of any indebtedness me.
cured by any mortgage or deed of trust shown in
Schedule B, the owner of which indebtedness is named
herein ae an insured, (2) any such owner or nueee. -
in ownership of any such indebtedness who acquits
the lend aad easement described in Schedule A at
any part thereof, aby lawful means i n satisfaction of
said indebtedness or any pert thereof, (3) any govern.
mental agency or nstrumentality acquiring said land
and easement under a contract or guarantee
insuring or guaranteeing said insurance
or any
part thereof, and (4) any person or corporation deriv.
ing an estate or interest in said had and easement
as an heir or d.si.ee of a named in .red or by reason
of the dissolution, merger, or consolidation of a
porate named insured ; (c) "land": the ]and described
specifically or by reference in Schedule A (but not
including the land subject to the easement described
in said schedule) and improvements affixed thereto
which by law constitute real property; (d) "date ":
the exact day, hour and minute specified fn the first
line of Schedule A (unless the context clearly requite
differe.t meaning); (e) "taxing agency ": the State
and each county, city and county, city and district in
which said land or the land subject to said consensus
or memo part thereof fa situated that Ieviee taxes am
assessments on real property; (f) "public records":
those public records which, under the recording laws,
import c ..tractive ..tics of matters relating to said
lend and easement; (g) the word "easement," when
used in the printed text of thin policy, includes the
plural as well as the singular.
10. WRITTEN INDORSEMENT REQUIRED TO
CHANGE POLICY
No provision or condition of this policy can be waived
or changed except by waiting unburned hereon or at-
tached hereto signed by the President, a Vice Presl.
dent, the Secretary, or m A.miannt Secretary of the
Company.
11. NOTICES, WHERE SENT
All notices required to be given ?be Company me any
statement in writing required to be furnished the
Company .hall be addressed to it at the office which
issued this policy.
ICY f
A} o
Blocks ffl and 114
EL 5EGUNDO
Book 20 ,Poges 114 and 115 of Maps
I ( N. 89 °58 "50 "W I L—
h
QI
J
N
131.49
124.46
124.46
12446
124.46
124.46
131.49
7
6
5
4
3
2
/
a
N
0
N
N7
8
9
�l0
NI/
8
9
/0
11
12
13
14
131.49
124.46
1124.46
1 12446
1 124..46
1124.46
11,31.43
R Del! M AtIr 1
70
h
116.48
163.08
163.06
163.08
163.08
116.48
5
4
3
2
l
06
a
N
N
N7
8
9
�l0
NI/
�12N
116.48
1 163.08
1 163.08
1 163.08
1 163.08
116.48
5.89 c 50 "55 "f.
THIS IS NOT A SURVEY OF THE LAND BUT IS COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORDS.
d