D0951013 6.53
California land Title A .... Wion
Standard Coverage Policy form
Copyright 1950
Fee $ 41,
POLICY OF TITLE INSURANCE
ISSUED BY
TITLE INSURANCE AND TRUST COMPANY
OF LOS ANGELES
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 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 of any vestee named _ f ,
fl�„ herein, unless such unmarketability exists because of defects, liens, encumbrances, (^r
or other matters shown or referred to in Schedule B; or
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. 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
5. 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, 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 INSU,R.,AINCE AND TRUST �
ST�COOMPANY
by PRESIDENT
Attest
SECRETARY
1012A 8 -53
California land Title Aaodmiao
Standard Coverage Policy Form
Copyright 1950
pio-
mjk
SCHEDULE A
Amount $9,250.00 Date February 28, 1955 at 8 a.m
INSURED
CITY OF EL SEGUNDO, a municipal corporation.
1. The title to said land is, at the date hereof, vested in:
CITY OF EL SEGUNDO, a municipal corporation.
Policy No. 4248004
2. Description of land in the county of Los Angeles, state of California, title to which is
insured by this policy:
Lots 42 and 43 in block 62, of El Segundo, in the city of E1
Segundo, county of Los Angeles, state of California, as per
map recorded in book 22 page 54 of Maps, in the office of the
county recorder of said county.
s 1
� Et
1012B 8 -53
Wifo..Ta land MI. Avedatien
Sbnda,d C...,aga Policy Form
C."i'M 1950 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 4 and 5 on page 1 of this policy.
PART ONF: This part of Schedule B refers to matters which, if any such exist, may affect the title to said
land, 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 which are not shown 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 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 laws, governmental acts or regulations, including but not limited to zoning ordinances, restricting, regulating
or prohibiting the occupany, use or enjoyment of the land or any improvement thereon, or any zoning ordinances
prohibiting a reduction in the dimensions or area, or separation in ownership, of any lot or parcel of land; or the
effect of any violation of any 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 or to which said title is subject:
1. Second installment of general and special county and city
taxes for the fiscal year 1954 -1955, amount $46.37.
2. Covenants, conditions and restrictions contained in deeds
from Los Angeles Trust and Savings Bank, recorded prior to t
February 15, 1950 in book 6079 page 76 of Deeds, which con- JQ` Q
ditions provide that a violation thereof shall not defeat or h
render invalid the lien of any mortgage or deed of trust made
in good faith and for value.
1012-C 9.53
Calirernia Land I" it(. Ae
Standard Coverage P
Copyright 1950 olaocfofion icy Farm
1, SCOPE OF COVERAGE
Ihn Policy doe. not ineu
will nor be liable for Ise ogalne, sad the Compny
.,!.I.g out of en r damage crested by or
claim°, eeemmbra em three (allow;.,; (a) defect., lien.,
other matters which result in
no pecuniary Iox to he
e.m+utbxnae. or .,her iaaured; mrttere c (b) defect, if...,
subeequen' m tae date berm(; (sated o o «urcrag
eneumbrancee, or albs( maven < (c) defer,., I;en',
the I... ad <labning ouch 1 created or fuller., by
defects, liens, claims, a Om or damage; or (d)
e.ntln °um6rancn, or other marten
e at the deal of this Policy and known to the
date of ehf n +mini nab lone or damage, either at the
policy ° It the data Inch i red claim.
sat eequi+ed m 11-11 Or interx' :esurcd by Ihis policy,
unless suet date", lien, claim, encumbrance a other
meter .hell Moe been disel
writing prior to t old to the Company fn
If, Its of this policy or appeared
ar be dare of this policy on the public regrda. A.,
light or defenses of the Coapa., again•[ a named
insured (hall be equal(, eveflLble sgalnst , Penal
as eorpoe -itov who 'hall became m I°emed her
tee eucal.or of such named I ..red. A• OPTION
CLAIMS 70 PAY, SETTLE, OE COMPROMISE
The Company Imerres the option in wy. settle, or
comyI... (or, or fn 'he name of, the Y, wall, any
claim balanced -gain., or to
any lime, pY this Policy iv full at
foil and Pgmevt or leader of Payment d he
amount d this policy, togn6er with
cat° which the Com .ii .caned
•ball terminate ell lnbsl obligated It Is seemed
to Pay,
+b o! h
STIPULATIONS
called or erpended by the C°mpaey, which may be
r by (be by rtre :nxred fn an lsriptiov serried
^ by the Com y behalf y
word pan °" h d the b ored. The
"ge, a edge" in this paragraph mmne armed
knowledge, lad dole n., refer eo constructive knowl-
bdge or uonc< which may be imputed a the insured
Y the public recerdn.
3. NOTICE OF LOSS, LIMITATION OF ACTION
A etatemmt fn .'"b" of any Ins or damage (or which
Il L )aimed the Compny n liable under this palfcy
Ill"' be fnrniahed to the Company within en'Y drys
after tiob tae or damage ,beg have been a cenaineI
No action or proceeding for the rmoe on of any such
lac or Jamage .hall he snWmt, or mesvtsiv
the he CohPuy until after full In maince by
the iavurcd with all the conditions fmpaed on the
Lwelve by this policy, nor "loo commenced withfe
mmetba after receipt by the Company of suctr
written antemaar.
3. DEFENSE OF ACTIONS, NOTICE OF ACTIONS
OR CLAIMS TO se GIVEN NY THE INSURED
The Compare a,
�� in ail i It owe coati -bull dI I.d the insured
litigation consnn.g of actions or proe<edfvp
against 'he Insured, or union eatnf -1 olden, o
anti+. .,tea imerpaeed against tie foreclosure or ael< of
said Jared m setisremio° of any inde -tedat sa ,b1
owner of sell n insueea b
lion I. founded u y this policy, which li".
other matter fv Pav I defect, ben, encum6n.ce, or
.red tgvioet by the Dolie end
Pursue h
.,herwns. The liability of Lbe Company under this
P°I:cY hall in no ...r a coed, in all, the .stud las
of loo s°aured end rare which the Company t obligated
lmh I er m NY, and ;v no c such toted
lie6ahy e.eeed the amain, ale he)]
coats, All pymints under tbn f thin policy aad lid
amoem of the fmoran'e Pe ley -hall reduce rte
or damage to an Jna pro rev I., and payment of lax
reduce, m that .."a, the ..or 1 indebted me ,hail 11 rise inturcd owner, of xld tend. Ffa at ptthe Company to
demanded by any insured ymevt me, 6e
for indo:umenr of without platinum, this polio
each P.Yme °t. Y
S. MANNER OF PAYMENT OF LOSS TO INSURED
Lou under MI. Policy shell be Payable, Fear, ro any
insured owner v( indebtedness secured by monpege or
decd of neat shown in. Schedule g, fe order of priority
therein show °, and if such nor , a p dean in
,ban one, payment shall he made .ably o Iheie
rxpuerile fammta rosy appear. and l.bly as bey
leer shall be Payable to 'he 'the' laloold, and it more
the° aq then m each insured (entry as 16dr reape-
'ive imago may -Ppeae 11 there be eo each ID
'weer or i, .., ncm, any Ian shall be Payable to
rtre insured, end it morn Ill.. o , ,° stall i
ratably x the;( respective fnterestee may ap mrasured
9. DEFINITION OF FEEME
u °der i r a Company here. Th. folfnwip
adnding .g obggertaa of the cam 8 arms «ban ..ad m 'bn
rape f ro any lineation pay with la) ^°awed fneured eh< palfcy men.;
teereoL pending and subsequent oaa persona and
named ma insured ' eml oxtfo
u Imgsnon ro final determfatiov rte pe
coon of Wt ...... In anal
S, SUB10007hON WON PAYMENT
.a
became know. I Y such litigation shall
MENT OE SETTLE.
-hall c ° "> ins°+ed, or iv case knowledge
e . me, fneured of aeY slim
Interest
Whenever t6a Company shell
of tins or
able, n salve a Lo the ripe a
which a ins
under lore have .Ittl�
4 stall be
might canna lo.. or damage for red or
Compaoy ,hail r the
subrogurd I
entitled m all .fiat., eecuritlrs, and
all ,
the insured and remedies
y �h of
Policy. such he lie be liable b this
- ehaU aonfy the Comp
would 6'c4
Pro have had �a
In total, tae gisao, say Penns '
uch
re writing, if . a y rm(
v We
ml, notice .hall not be
been slim, bad 'ht Policy mot
een issued, If Ibe payment
given a ,be
Coompaay at lax, qo days before the
does le., e
insured, the the Ian
Coal
apDearaece day
any each litfgatioa or if each farurad
Pinny ,hurt be .v J,
•uchhright aealhia, aad °Fated 1.
p r Hoff the sisal[ sat, a
,a. o, promptly Y Company °(
)fen encum6rame, any defer,,
remedies i. the p,oponims
which xld payment been to the
° .,be, mane, fneured
of any Inch age
In either event the insured eO1pum of said lore.
be bull ,re.a(Or.
be
adver•er claim or
knowledge of whit, e6 +I1 come se the
each Insured,
transferred, 'o , or, qua to
h° Company eurh r'
and emedix, Kht a. tie
i
or damage ie apprehended, ° respect to which Jon
the°
and .half orities
the name v permit the Compe.y to tee
(the (...red is
all liabintr or the
Company In to each insured Nevi
(,all c °g Inch knowledge
nay In mxclfoa
ievolv:og tech rights, m litigation
g , securnix, or
failure ro .o notify theCO Prodded, however, that
y the Company
remedix.
A. OPTION
udice the shall in ao ax prof-
ct. of an -.less
TO
OPTIO PAY INSURED
NESS AND OF IM.
'he CO.,.,
shall he actually Prejudicedebr aucb 6gale. The con.
paaY shall here
BECOME OWNER
The Company NFR OF SECURITT
the right to iaetiN4
yib `oPfmoOprmeYdrLe
> bile the right aad
say
w oar do my .,herdecr tallith
this . Policy by ineurcd o
of de °m lnde6ted vela
vof
...blab 'he tlJe, or ecesxry or drabable to
+p. red lie.
insured,
deed
tr °etv to Pay such ineurcd the .deb
mortgagor oa
1. all cellar
or eh,,,I ter
this
require the
,deem of the
'r Irnslor ue
trust, t said mortgage
ogether
Compaq in c'pullrY permits ' r
or defend sell- I
or d
with dl casts which the Com seed a(
Dana
writ1- the right to 8. the fneured .hell e,1,. to Il i.
E se pmeecut
NObligated or half became( to Pay, in tablet
u
Ne owns ca °C tbG CO1"-
"the mauled" each in Schedule A of this - I.I : b
each named insured together will, (,)
euby as, in ow °evil" of
scared by aeY mortpge o any indebtedness
Schedule 8, the or of trust ,haw° in
owner of which ;ndafindaaa u
cured herein as tee im°red,
...senor is oweenhip d (z) any such 'wv<r a,
acquires 'he nly such s.debtednae who 1p�1 L
e land described ;n Schedule A �iq It
Pan 'hermf, by lawful m or aeY {yv r
indebtedness ar erns in selu(°otroo of
°gene, or i nay per[ thereof, (3) nay govegmeeted
a- insurance vstmmevtality acqufefng said
a inchat aid indebted em ¢uanaee balling land
or guar'
b
(4) aeY Penn. 'r c a or any part thereof, ad
im.rex i° °rP'rarion derfvfvg an xtn at
said lend as an heir or devisee of •named
.,-.red o, by reason
"Iolld.tion of of the destitution, merger or
knd ":'he land de corporate aamed f °cured; (g)
eoribed specifically or by reference
in gcbedule A teed improvc°rma- mfild Ihere,. which
by 4w constitute teal property: d the
.1 sc day, boor end minute sPmffind I. be fir., lie°
at event nlsI A ("be" the context cleeg9 require, n
different g)
.ad Inch couetY, oil, te11 , agency'•; the state
in whist said land r y and 0...... city and ill I,Ot
Ix or a n, per' Hereof fs situ.,, 'het
lee team or .Ill —1. ° Ill
"public recede "; [hose public nr,I,. all. It . (f)
she recording laws, import w6fch, under,
ten eelaf.g to said coastmr,"a .Orion of mar.
lead.
or prop -din . m defend each sell
¢. end an appeals Ihere(n,
Io use,
°hall °t .ace xei r °f. aad each ivmrsd
mar ¢" and transfer to the
lD• WRITTEN 1 HDORgEMPNT
and
at fm option, Ihcorals of 0a totaled n pnsit
Purpose-
Cam en
gage or deed of Ira, and P L xid
by the fadebted.en
CHANGE POLICY REOU UED TO
Whenever requested
incur, abeH 6y rise Compny
secured, and there.
°YCIt payment abeH terminate
liahflfry undo,
NO Provic/on or rie ditfoe
assin the the
ter Proceeding, in Compel in say action
his tll
m Policy to such
of lhie pot'
'r changed °abed except b r °Y can be walled
egeeUs. aettlemeny
dace, ohtaivivs witnxeIn, maturing sobs
proseeunn
Y, PAYMENT OF LOSS AND
.abed hereto > writing Indorsed bmmm
signed by the president or ao
d ° °t,
ouch Orion ° or proceed;. B or durbadiv ¢
¢, eo such
COSTS OF
INDORSEMENT OF F,L LITIGATION,
YMFNT
the gmnnr a Yfce Proud.
Com y or an Amu, al Secreary
e-lear
manner as ;. demand desirable by be Camp Qv each
.he CO.NeY
ON POLICY
The Company
pay, of the
°hall reimhuree the iv Y, aad
antrum. eo incurred. The insured fo 'aeY
Ibe ° Campety
will py, f" addition to as
agafnei by bass policy. age > lose insured
cured ate imposed
i 1• NOTICES, WHERE SENT
In +red -ball be
ea Aged s. (ism o)
,o all cons
in u
carried oa b pea the m.
insured, la, the C"July
All notice°
ova .tome ye. fax ion
i (or toe
and ire to:ptiole carried a
r! qu;red to be
.tat pace be C
with the areas's authorfratloe, tai u. by Ibe hatmd ,meat m writing required m be fu O-N- the Com, ad e Company, but alt Pa °y •bell be addressed to it I, the I" which
this policy. board
I
45/ock5 3e, 391 and 62
,EL 6EG UNDO
cook 22 Pages 54 and 55 of Maps
9
J
4
60
h'OLLY
►U
$ PINE AvE. $
1501 y— 4-- ---- I 50
h
2
Q
so
AVE, h
°o GQAND
to
t
h
So
AVE. � r
1
THIS 13 NOT A SURVEY OF THE LAND BUT IS COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORDS.
H