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D1131040 9.55 California Land Title Association Standard Coverage Easement Policy Form Copyright 1951 Fee $30 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 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 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 easement described in Schedule A being vested, at the date hereof, otherwise than as herein stated; or 2. Any defect in, or lien or encumbrance on, said title, existing at the date hereof, not shown or referred to in Schedule B; or 3. Priority, at the date hereof, over said easement, of any lien or encumbrance upon the land which is subject to said easement, hereinafter called said land, unless such lien or encumbrance is 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 fitness 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 SECRETARY RHS �a 1040A 7.33 Californla Land Title Auadafion Standard Coverage Easement Polity Form Copyright 1951 tM a1= caj SCHEDULE A Amount $ 100.00 Date April 5, 1957 at 8 a.m. Policy No. 4742460 INSURED CITY OF EL SEGUNDO, a municipal corporation. 1. The title to said easement is, at the date hereof, vested in: CITY OF EL SEGUNDO, a municipal corporation. 2. Description of the easement, title to which is insured by this policy: An easement for public street, road, and highway purposes, in, over, and upon the southerly 10 feet of Lot 13 of Tract 2028, in the city of El Segundo, county of Los Angeles, state of California, as per map recorded in book 35 page 37 of Maps, in the office of the county recorder of said county. Also all rights to supervise or control the planting, maintaining, trimming or removing of any trees, shrubs, flowers, grass or other plants within said roadway, and the right to place under, over and across said roadway pipe lines for the transmission of water, gas, and petroleum products, and other equipment commonly used for the maintaining of public utilities. W'p 10d0B 7.53 California Land Tina Aucciation Standard Coy eraae Easement Policy Form Copyright 1951 SCHEDULE B This policy does not insure against loss by reason of the matters shown or referred to in this Schedule. 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 liege 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 or 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 by making inquiry of persons in possession of said land or easement, 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 seeing ordinances, restricting, regulating or prohibiting the occupancy, use or enjoyment of staid land, or soy improvement thereon, or said easement; or the effect of any violation of any such restrictions, regulations or prohibitions. PAST Two: This part of Schedule B shows liens, encumbrances, defects and other matters affecting the title to said land or easement or to which said land is subject: 1. General and special county and city taxes for the fiscal year 1957- 1958, a lien not yet payable. 2. Covenants, conditions and restrictions contained in the deed from Los Angeles Trust and Savings Bank, recorded prior to February 15, 1950 in book 7479 page 26 of Deeds. 3. A community oil and gas lease known as "E1 Segundo Community Lease Number Four -A ", dated March 31, 1937, covering this and other property, executed in various counterparts as hereinafter referred to, in favor of Elsie Oil Company, as lessee, for the term of 3 years from the date hereof, and so long thereafter as lessee in good faith shall conduct drilling operations thereon, as therein provided, or so long as oil or gas or other hydrocarbon substances are produced therefrom in paying quantites upon the terms, conditions and covenants therein provided. A counterpart thereof executed by George F. Beebe and Frances P. Beebe, as owners of said lot of Tract 2028, was recorded January 17, 1938 in book 15472 page 344, Official Records. Assigned to Imperial Corporation, a Nevada corporation, by assignment dated May 23, 1938 and recorded May 25, 1938 in book 15838 page 65, Official Records. The present ownership of said leasehold and other matters affecting the interest of the lessee are not shown by this policy. WY )AOC 533 allfornla tend Tttls Association inndaid Cavera9a A T I O N aGd;i9At;Y5; F «.a g T I P U L conditions imposed on the insured by this Policy, he COMPans of menced within twelve menthe after receipt Y 1. SCOPE OF COVERAGE and the CompaaY will not be Such written statement. or arising cm of any of the OR COMPROMISE CLAIMS This policy does not insure ea created by ox Other mat' 4 OPTION TO PAY, SETTLE, for. liable for loss or damage encumbrances, b defects, lion to pay, aett{e, or comPr°m38° (a) defects, liens, - claims, ❑ avbee- Tye Company reserves the op e18tn1 tnSured egains[ or to en following: ecumary lass to the Insured; ( ) ter. which result in no p matters., created or occarn or other or in the name of, the msalmd' Say i payment or ender °f ed costs liens, encumbrances, or other defects, ens, encumbrances, this 4 in full at any, e, aY ether with ell a °crue hate ❑ such lose w go 101 tog quent to the date hereof; (a) the insured claimi 8 °{ the full amount of this p Including all obligations of claims, encumbrances, or other mat- s❑ is obligated hereunder to pay' amend auyaequent matters created of suHexed by and known to the Insured which the Comp y hereunder,- ding damage; or (d) defects, liens,, ISC or liability of the Company liti ation p tors existing at the date of this Policy the Company with respect to any 6 claiming such loss or dams$ ?. either I . ad nu estates or interest olic7, unless such defect, lien, claim, encttlnbrance coats thereof• at the date such insured clmmani ace in writing insured b y this P have been diacl °sad t o t he ComPariY S SUBROGATION UPON PAYMENT OR SETTLEMENT under this PO and policy or appeared at the date of this shall have settled a Eta, aecurivaa. snd or other matter shall rights hie prior to the issuance of this P or defenses of the Cant- d be entitled to all ril any PPTpOn or policy on the public records. Any g uglly available against Whenever the Company been issued. Perry against a named insured shall be e4 had this juen nut remedies which the Insured would have had against the Company me an insured hereuna it shall be subrogate • to property in respect to such Claim, in the any Person or corPoration�whTe�e shall base If the Payment does not coves thulose , ecutfth'teS' and remedies d logs, as successor of such Sam shall be mbrogated to such rig ACTIONS OR CLAIMS TO BE ant beats to cauu8e °Lonbe transferred, proportion which said Patin and remedies, and shall DEFENSE OF ACTIONS. NOTICE OF A such rights, secmitiee. trans- GIVEN BY THE INSURED which to the Company name of the insured ion at�edieS• red The Company or ether permit the Company- to use the lira, securities, Ira at it. Own coat mceed defend the Man he Insured, Lugs In either event the insureds such rig tion consisting of actions or P lie ❑� encumbrance, litigation Ia founded upon a defect, and may P'tmLLB such litiga- action or litigation involving matter Insured against by this policy, on fn the court of Iasi resort' In case any LOSS AND COSTS OF LITIGATION• INDORSEMEN determination Insured, or In case 6, PAYMENT OF ed against ie tion to final, claim of title or interest OF PAYMENT 8N POLICY 1p5e inliti such litigation shall becom teamed of any Cl ' cause lass or will pay, in addition t° insured knowledge shall come to any insured or which p�able by virtue Of The Company used upon the insured in atfonaccarri d n which is adverse to the tide ea $hall of may olicy, all costa imp and fn oft any thereof in this P the Company for the insured, with the wrtita, authorization of the Company, but damage for which the Company ll notify the Come an at least on by liability of the CompauY under [his Policy this Policy, such Inaur Ven to the Company or if by the insured {t.(T writing. If such notice s hen ce dayvIn any such litigation, not Otherwise. The in all, the actual lass °{ rya i and in pe in anyy n°tiI the Company ed hereunder to I Pas. and two days before the ot,m Ming, P shall in is case exceed, exceed the am such insured shall n ❑r other matter insured againste costs which the Company i. CIO uhcy ,hall re 0. oreetha amount of any detect, lien, encumbrance, come to the kiehemied, case shall such total liability end" this P be demanded by any such adverse claim winch shall ent may or of say Such said casts' All Payers tonic. N° PaYmlicy far indorsement of each of such Insured, in respect to w shoo o °e &ch insured of the insurance pro thin p Slit of the Company ote; PT °Tided, however, that fail• then all liability in no case preJU�Ce the claim ins payment. P knowledge shall cease and ligu ya actually (iced by p Y ere to m notify the Como y xn ahall Imetttute and of any insured unless the Company (a)• ""wed The Cowra tY shall have the phi roact which, in its y, DEFINITION OF TERMS n this pohcy Steen' such failure• or d° any when used to- pmaecnte any action or proceedin8 , vixens the The following terms end corporations aaniuch naswed inausdie opinion, may be necessary or desirable to eStab &oh Teo title as "the insured": - ac pen or proceeding• the insured rye policy; (b) oration de . - an estate or interest Insured In all cases where this Policy p�S prosecute or ale A of this Policy, or eery i❑swad or by reason Company to Prosecute or defend B °the right to w P ether with any P of a Sam car °rate named ,core to It In Iff and all appeal, therein, and g an heir or devisee in hh merger, or consolidation of a • P insured shall action or Pr°Caeding, g d how sad minute pacified - defend arch the name of t e Insured for such in said Sand as a the Company date ": the exact ay' the state and each the insured shall of the dissolus<ion, lass the context clearly requires permit It to nee, at us option, 1, proceeding, in effecting insured; (c) " `taxing agenclo. ye, Whenever req Prosecuting or the first line of Schedule A (un assist the CoinPany in any such action or P nesses, P city and district in which laid anta on seal d =seining evidence, Obtaining, city and county, under t, each extent and in Such different meaning)' settlement, - many, and the Company Come ' ; those Public 1tca' which, defending such action or Proc by the Co 4 art thereµ f is Situated that levies taxes oT of matters xadming -we desirable by Olt` SO incurred. The Come Perry, (e) public recorda" manner as is d-w laws, impart constructive notice ab ran be enInsureed to and be emitted to all vPhroctha meq hap ecordSng shag reimburse the insured for any the Company' the to said land. Carnerte to incurred or expended by • arson carried °>n 1iY TO CNANGE POLICY a[erney' the insured fn any ltug a in this or changed be recoverable by 3 WRITTEN INDORSEMENT REQUIRED cM be waived Company on behalf of the insured. and does not :eferto °onatruc- horew signed by paragraph means actual knowledge, be imputed to the insured No 4rOViaion or. conni"Oused L cry attached Assistant rive knowledge or notice which may except by writing 1. president. the Secretary, or an by the Public records• the Secretary of the Company 3, NOTICE OF LOSS. LIMITATION OF ACTION uh Secretary lose a damage for be tarnish is claimed WHERE SENT and any statement of any shed w the g, NOTICES, erred to be given the Comean�Y shall be addressad A statement fn writing a- this golicy oss or damage shall have All notices rest, shed the Company the CowPany is liable un e{ amp required to be furnished Company within sixty days after such tot the rem BY in Q roceeding gist the which fasued this P been sacertamed, No action Or p • b the insured with all the to it at the office such loss or damage fa all cbomg, -an by to inteinad ag Company until �N 0 so Q W 50 N.&9 °53'52" E. FRANKLIN AVE � N /39.25 h c /39.25 n l v 07 33 m N h� 32 N kn 3 30 4 in 29 /3925 26 V n n 26 139.25 2S 0 ul 5 N n= 24 G 29 22 7 2/ a tn o kA O P 139.25 n ^�' 139.25 N 75 25 25 267 0 0 6,75 2s 25 75 SO h W 0 so a ( EL SEGLINDO BLVD N N.B9° 53'49"E . TRACT N2 2028 THIS IS NOT A SURVEY OF THE LAND BUT IS COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORDS.