D102101] 6 -53
California Land Title Association
Standard Coverage Policy Form
Copyright 1950
Fee $��,
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 Y
q, herein, unless such unmarketability exists because of defects, liens, encumbrances,
` 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 INSURRANCE AND TRUST COMPANY
by C3KT L�� ale .
PRESIDENT
Attest
SECRETARY
L141)
1012A 8.53
California land Title A ...lotion
Standard Caymaga Policy Form
Copyright 1950
4
Amount $10,500.00
caj
SCHEDULE A
Date July 1, 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. 4292762
2. Description of land in the county of Los Angeles, state of California, title to which is
insured by this policy:
Lots 1 and 2 in block 61 of El Segundo, in the city of E1
Segundo, county of Los Angeles, state of California, as per
map recorded in book 20 pages 22 and 23 of Maps, in the
office of the county recorder of said county.
10129 9 -53
California Land Tit[* Association
Standard COVarnga Policy Form
Copyright 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 ONE: 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 malting 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. General and special county and city taxes for the fiscal
year 1955 -1956, a lien not yet payable.
0
2. Covenants, conditions and restrictions contained in deeds
from Los Angeles Trust and Savings Bank, its successors,
affecting said lots, recorded in book 6105 page 45 of Deeds,
prior to February 15, 1950, which provide that a violation
thereof shall not defeat nor render invalid the lien of any
mortgage or deed of trust made in good faith and for value.
T'�
1012.c 8 -58
California load TWA Assaciolion
Standard Coverage Policy Form
C- O),69ht 1950
" SCOPE OF COVERAGE
This Policy does our insure egaimt. ad the Company
Will not be liable for loo or damage canted by or
arising our of any of the following: (a) dreams, liens,
c !aims, encumbrancer, O other manes which eeault in
o Pecuniary loo to the m.ared; (b) de(aa,
curebrw ce, or tube, mmem c teas,
ubsequent to the date hareoq nand or occurring
mcumb"Area, o other mauers crated oeleme, hens,
the insured claiming such lose ¢ r -offered by
dafec t, liana, claim., encombnncer dosage; o, (d)
eaie,ing at the date Of this other mourn
insured claiming ouch lava o Oltc mage. either at the
der, of his policy o at the data -such inwred
ant acquired en ee -le I interest imured by this p.licy,
°nfese such dafeee. lien, claim, a umbnnce or other
matter shell here her' disclosed In the Company in
w,inng Prior in the inuence of tht. policy r appeared
ar the data of this policy on the public records. ray
rights or defenses Of the Company ag.ina a named
ivaa,,d shall be equally available apit,et any yearn
Or rarinumioo who shell bee a insured hereunder
ae euccenor of such named insured,
S. DEFENSE OF ACTIONS. NOTICE OF ACTIONS
OR CLAIMS TO EE GIVEN eY THE INSURED
The Company at its own coat ahAll defend the insured
eg•in11 re
it..... coesieNng of actions or proceedings
cured, or debacent raI .cuing rrdme. °
fmidn land ie<erpoeed ageinet a funclmure o r
mid land i- eatufaction sal` e
owner of which fe insured by any mdebte which I the
�s tin° is founded Y this polieY. witch htige-
uPon - defect, Tien, e°rumbr¢
other meter insured ageinet by thin policy, and may
P---, such UHeaUov to fine) detmmiv-tiov in the
became eo( Ina :ewrz. 1. case any such litigation shell
Gnome know° to any lueured, or to c.se knowledge
shall come - A insured Ot
interest which k ° °Y claim f
adverse title title or
s the ti
e a I ... lad o
Which might cause lose -1 damage for which the
Company sbull or me be liable by sins of thta
Policy, each insured -ball artily the uCompany thereof
in writing,
If such notice shall not be give° to the
Company at lea, two day. before the app glen to day
in any such litigation, or it such inevred .ball nor, in
wriring. larbmaY notify the Company of any defect,
lien ysuc hnd-I, or .,her manor in ABaiaer, r
of my such edam- claim Which r
knowledge vt .act in stall come to rbe
or damage i. epprebended, ttbenepvm m which toes
Compan • I IteEiliry of the
-hell renal ro each insured he ring such knowledge
e and nrmimre; provided, however, that
failure 1... notify the Company shelf in no ceee Pre}
-duce that claim of any Iva. red anima she Company
-tail be actually Prejudiced by such fell
Party us'. The Co..
sty slat! ire the right to institute and prosecute
any action or proceeding oe do mr otter act which,
establish il opinion, may be v eery Or de.trable to
ineed to sDNc, es any i cored lie. M, °here, . a
men where this policy Perrin
aequtrn the Company in proaec le end any
action or prmadias, the insured r doe m it in
writiae the eight to so prmecu,e Or such
or proceeding, and ell amiaa
m ua, at its oP,inu the mute ofitbe insured (or it it
Porpme. Whenever reqrear, b the i
meured -bell exist the Com y Company the
° pmcerdi Pf°> in soy such artist,
de °$' in egectieg eenlement, securiae sale y
nc<, ion O tag witnaeee, p"necuting or defending
web A<ttoa Or proceeding, m euci car .1 end to -uch
manner ate is deemed dnbebie 6y the Company, and ai
the Company shell nimbune the toau red for Any
npenee eo incmrcd. The Company stall b< eubropteJ vu
I' and be entitled to all caste and Alto a,' fern ire In
STIPULATIONS
'unedree1eabpended by the Compeey, Which may be
ecov y the !neared in anY litiptim <srcied
on by be Compmy on behalf of the i... sed. The
word "knowledge" in thin paragraph morn actual
knowledge, end does not refer to c mnumi,e know!
edge or °mice which May be imputed m the insured
by the public ea,orde.
S. NOME OF LOSS, LIMITATION OF ACTION
A statement in w,ilmg of any lose or Jamege for which
it is claimed the Company is liable under this policy
shell be furnished to the Company wirbm siaq days
after such loo or damage -ball have been acertsined.
No oafs. or proneding fm the recovery of any such
Ins o dam -ge shall be instituted or Wommined
- "laser the Company until -(ter full eompli .ce by
the I .... M with All the conditions imposed on the
insured by this pnliry, nor anise
twelve months after Pol rc "Ore need Within
written statement. ceipt by the Gomp' -y Of surb
4, OPTION TO FAY, $ ETTLE, OR COMPROMISE
CLAIMS
The Company reserve- the option to pay, Bert!¢, or
compeamh, for, or in the name of, sic imured, any
any claim e. a insured ageinet or to pay thin policy in full m
any rumen and payment or tender of Pay.,., of the
full amamr of tints policy, Icahn, with ail Accrued
cents which the Coca in obligated hereunder s pay,
-hall rermunue .11 try of tic Comps»
liAbat The fallow
under, including Y here- lag rerms when used i
respect to rag all obGgnim• of the Company with (•) "named insured the n Wis policy mean;
.ray lipgatim gentling and tuba u named Persona and corporations
thereof. 4 ant cats a insured in Schedule A of this polity: (b
"she inwred ": each named inaund together with (1)
each ...crosoe n Wnarnhip of any indebtedness
Schedule by any mortg-ge or deed of true. Ab °wv is
B, the owner Of which indebmdaess L
named barrio ate en imured, (2) any euci ow
uncesso wnenhtp of any such bad ebtedaA.. who
acquire. the olaad If III in Schedule A o+ my
Part thereof, by fawlui occurs in se.ie(aniot, of
indebtedness or any Par tha, at {3 o said
-geney or m-trumeut•liry e ) A . goveremmtal
w iaaarmce °Qtl1t1ag std land under
contrem or guarantee loan I, or
wteeive said indebred.mA or any part thereof and
(-) Aunt-
any Person or corporattrn deriving An to r
interest is aid tend a An hair ' m of a armed
insured Or by reason of the rdissulbtiov, no., or
eonsolidatiov of corporate ...ad imu,ed; (e)
"land"; tie lead described'Dedfial), or by reference
in Schedule A end i ...... mem• aMaed thereto which
by few c mtitute real Pr.,A,,,; (d
asset day. be., and ) "date' the
of Schedule A minute specified in the fine )ice
dig (unless tie content clearly require a
anent memin8) °mxiv
and each co 11 necro ': the Ste'a
in which said land arty and ...at,, city And district
levies teaea or ar some Wn Hereof ie dtmted but
a eemeen real property; (f)
Public records "; tbos Public nIro ed. which, trader
the recording law,, impart conetromire vutice of mat
sera relative to said land.
Policys a the Itebtliq of the Company under this
Policy shall in no ceee coed, in ell, the aetvd Iwo
of the insured And coon which the Company is obligated
hereunder in pay, sad to nor a shall such total
li•bilitY exceed the •mourn of this Policy and said
rents, All payment. under ,his
• ant of the ine.'A -- Policy shall reduce the
lode pro auto, and payment of I.A.
° ^age to an insured own of indebtedness
reduce, m that stem, the !lability of the Compappl
the insured edb owner of said land, No payment may be
demanded 6y any insured whhou, producing this 'Otte,
far indonemrnt of such Payment.
R. MANNER OF PAYMENT OF LOSS TO INSURED
Loa. under this policy shell p< paye6le, first, to any
insured owner of indehtedness secured by mangep ar
deed of trust shown in Schedule D, in order of priorieq
Herein shown, and if such oW.arshlp vma in more
lbw one, payment .hell be made nobly a their
respective interests may appear, and theraniler -any
loan shall be payable to the other insured, and fl more
than may than to each insured raubly a theft respect
rive ibter - may appear, If there be ao such in end
er of indebeednea, any Ina .bell Ea Payable to
the insured, end ff "Is than ..a, to such insured
tanbly As their emplelise tubers... MAY appear,
9, DEFINITION OF TERMS
S, SUBROGATION UPON PAYMENT OR SETTLE.
*ENT
Whenever the COm,.O, shall hove
under this Policy ettled A claim
>. a .hall be eubro8sted to and he
entitled to all dsh,A, see - ,idea, and r which
the insured would b.ve had °mediae
Property in res such claim,
a »Y pecan or
pare to m, had this
been issued. if the r he oot
of the insured, ,be had
does not saver the lose
slate, a Company shall be ropred to
such «uric lee, And re sub
which std Payment bean to the lee inn the proportion
(n either event rbe in Amount of said Joan.
be transferred, to the Cored anal) transfer , -1 1... rein
and rat p y such rf hat, e
mediae end shall permit the Compeny to use
the --me of the insured to my nenaacHm M, litj"bm
volung such righta, eecuritia, or remedim.
d. OPTION TO PAY INSURED OWNER OF IN-
DEBTEDNESS AND BECOME OWNER OF $OF ON.
The Company has the right sad optim, in c y
claimed undo, this ae< m
of en mdebeda,e- policy 6y au iveured owner
trust. to -cured by mrrrgnga or deed
Day such 'cured the indebtedness Of the
mortgagor or trustee under said mortgage
suet, together A ghee or deed of
Oblfg•ted 6o-e,rnder w costa Which the Company is
Paul -hall become the P -Y. in which ease be Co.,
owner of, end such I...ad
shell n once esAge had:...for to she Company, -aid
mortgage or deed of trust and the ith' CIdvna there.
i.htiit, and end aer6 y-yment 'ball rermimte
y ceder ibis psifcy to such all
insured.
. PAYMENT OF LOSS AND COSTS OF LITIGATION.
INDORSEMENT OF PAYMENT ON POLICY
hs Company will Pay, to addition to any loo insured
g`ta t by this policy, all cones imposed o o h ,
10, WRITTEN INDORSEMENT REQUIRED TO
CHANGE POLICY
No PoviAon or condition of this policy can be waived
or changed except by writing indorsed has... or At.
Cached harm signed by the Preetdoor, A Vice P ... i,
debt, the Secrstary, or ev Asetatant SeeretarY of the
Company.
11, NOTICES, WHERE SENT
e In linpnoo '.steal v P e t ere. All notices
sated, ° by the Company fm she required m be given the COmp.ny and
and in litigation carried statement in writing squired w be luni.bed the
tb the Wrtete.'ulhotlatloa O° 6y the imured piny shell I, addressed to it at the o1Tme
of fit but not " Policy, wbirb awed
AV
J
J
1
h PINE
60 314 N 2 N 3 3 v �� 60
Q
Z
6
•
_a
>, = 29
/
Zs
_4
!3
/
23
15
l6
N IB O ry
I% HOLLY
22
= 2l
20 N I ,1¢° n
AVE. ti
zz
�JJ
= 3
L I
AVE
'^ ° 20 N 3614 5o 2a so f
Q
W
' 6
g
/40
= /7
Z
Q
W
60
i2
14
NME 5 N
=
3
5 =
32
'44
ZZ
31
_ 6
.
21
7
30
Ui
=
7 •
Z
20
9
_ /0 +
W
= 27 •
l0 =
N
l7
11
v
201
• z6 =
_
=
_
h
sl
/ _
/3
/ :
/5 =
16 #
/40
m
/3
. z4
Zq •
Q
(L
Q
S,°
/5
2Z .
16
2/
/
/40
N
/¢0
N
Q
W
' 6
g
=
= /7
Z
Q
W
60
i2
14
NME 5 N
0
fo
f/OLL Y
GRAND AVE
-
F—
EL SEGUNDO
BLOCKS 41, 60 TO 62
k.
co
W
THIS IS NOT A SURVEY OF THE LAND BUT IS COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORDS,