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D118T Iww ae4t. n TO 1012 -1 F C FOUNDED IN 1893 California Land Title Association Standard Coverage Policy Form Copyright 1963 POLICY OF TITLE INSURANCE ISSUED BY Title Insurance and Trust Company Title Insurance and Trust Company, a California corporation, herein called the Company, for a valuable consideration paid for this policy, the number, the effective date, and amount of which are shown in Schedule A, hereby insures the parties named as Insured in Schedule A, the heirs, devisees, personal representatives of such Insured, or if a corporation, its successors by dissolution, merger or consolidation, against loss or damage not exceeding the amount stated in Schedule A, together with costs, attorneys' fees and expenses which the Company may become obligated to pay as provided in the Conditions and Stipulations hereof, which the Insured shall sustain by reason of: 1. Any defect in or lien or encumbrance on the title to the estate or interest covered hereby in the land described or referred to in Schedule C, existing at the date hereof, not shown or referred to in Schedule B or excluded from coverage in Schedule B or in the Conditions and Stipulations; or 2. Unmarketability of such title; or 3. Any defect in the execution of any mortgage shown in Schedule B securing an indebtedness, the owner of which is named as an Insured in Schedule A, but only insofar as such defect affects the lien or charge of said mortgage upon the estate or interest referred to in this policy; or 4. Priority over said mortgage, at the dare hereof, of any lien or encumbrance not shown or referred to in Schedule B, or excluded from coverage in the Conditions and Stipulations, said mortgage being shown in Schedule B in the order of its priority; all subject, however, to the provisions of Schedules A, B and C and to the Conditions and Stipulations hereto annexed. 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 �v PRESIDENT Attest GL ZL SECRETARY es TO 101 &1 AB C California Land rile Assodatlon Standard Coverage Policy -1963 SCHEDULE A 'S C iF Premium $ / '? 0 , 0 d Effective Amount $ 3,500.00 Date February 16, 1965 at 8 a, m. Policy No. 6385765 INSURED CITY OF EL SEGUNDO, CALIFORNIA, a municipal corporation. 1. Title to the estate or interest covered by this policy at the date hereof is vested in: CITY OF EL SEGUNDO, CALIFORNIA, a municipal corporation. 2. The estate or interest in the land described or referred to in Schedule C covered by this policy is _'� a fee. CP SCHEDULE This policy does not insure against loss or damage by reason of the following: PART 1 1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that levies taxes or assessments on real property or by the public records. 2. 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. 3. Easements, claims of easement or encumbrances which are not shown by the public records. 4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, or any other facts which a correct survey would disclose, and which are not shown by the public records. 5. Unpatented mining claims; reservations or exceptions in patents or in Acts authorizing the issuance thereof; water rights, claims or title to water. TO IM -111 Cont. C California Land Title Association Standard Coverage Pelic,4963 SCHEDULE B— (Continued) PART II C 1. An easement over the southerly 3 feet of lot 4 for poles, conduits and incidental purposes, as granted to The Pacific Telephone and Telegraph Company, a corporation, by deed recorded April 6, 1954, in book 44262 page 94, Official Records. Said deed recites: Grantor covenants for himself, his successors and assigns, not to place or maintain any building or structure on said easement. 2. An easement over the easterly 3 feet of the north 41.8 feet of lot 5, for poles, conduits and incidental purposes, as granted to The Pacific Telephone and Telegraph Company, a corporation, by deed recorded November 4, 1953, in book 43090 page 266, Official Records. 3. An easement over the east 3 feet of the south 41.5 feet of the north 83.3 feet of lot 5, for poles, conduits and incidental purposes, as granted to The Pacific Telephone and Telegraph Company, a corporation, by deed recorded November 4, 1953, in book 43090 page 264, Official Records. Said deed recites that the grantor covenants for himself, his successors and assigns not to place or maintain any building or structure on said easement. 4. An easement over the east 3 feet of the south 41.5 feet of the north 124.8 feet of lot 5, for poles, conduits and incidental purposes, as granted to The Pacific Telephone and Telegraph Company, a corporation, by deed recorded in book 43090 page 265, Official Records. ilk TO 1012 -1- 1056 -iC C American Land Title Association Loan Policy Additional Coverage -1962 SCHEDULE C or California Land Title Association Standard Coverage Policy -1963 The land referred to in this policy is situated in the county of Los Angeles, state of California, and is described as follows: Lot 4 and the north 89.56 feet of lot 5 in block 123, E1 Segundo, in the city of E1 Segundo, county of Los Angeles, state of California, as per map recorded in book 22 pages 106 and 107 of Maps, in the office of the county recorder of said county. A�414 �N TO 236 VC CALirORN /A ST TIThis is not a survey of the /and but is compiled for information by the Title Insurance and Trust Company from data shown by the official records. ee N" 690 52 50 'E 150 I MAR/POJA AV,6 60 140,56 164.25: 16425 164.25 164,25 164.25 1 1 164. t5 164 Z5 IZIg'TO _-r O 35251 f5 5 5 5 IQ t, JEPULVEDA / 56 57 112 1 113 167 1 /68 2/9 Iti (aLVA /00'W /OE 140.71 125 251 114 /40.99 //O 1 1 115 165 1 170 Zt7 I ! I_ I L h 164.25 164.25 _I _ %66.25 —1— %6a.2� 7 6 a.25 /6425 t A AVE h viNE : , i 60 ..f(8' 1r6.#. j G'` 171 i t' e N 52 ' ".* °�fOB �hm� ff7 /63 , r 172 1 TIThis is not a survey of the /and but is compiled for information by the Title Insurance and Trust Company from data shown by the official records. ee CONDITIONS AND STIPULATIONS (Continued and Concluded From Reverse Side of policy Voce) h, Id result from the full amount of this policy together ' fees a ah all costs, attorneysnd expenses which the Company Is obligated hereunder the o, pay, shall terminate ail liability of after Company hCoam r. In the event, notice of claim has been given to n e o fees pang by the Insured, the company to purchase said indebtedness, Che owner of said indebtedness and I'hermodgagesecur'ing the same to the Company upon payment of the purchase price. T. PAYMENT OF LOSS under (a) The liability no the exceed, to all. his pliry al loss of the Insure d an costs an an indebtedness secured by a mortgage shown in Schedule zyments ahallnnlots reduce such p canto the amount of the insurance afforded except Ed hereunder as to Such los reduce be amount extent that such pay d by such murt- of the indebtedness secure arson or gage. payment in full by any Person 0' In- voluntary satisfaction or release by of is cured of a mortgage covered by this p Y Shall terminate all liability of the Company m the insured owner of e h indebtedness Except as pro- secured by such mortgage, vided in paragraph 2 hereof. (e) When liability has been definitely fixed n accordance los orw damage Conditions shaltbe pay- this put Y able within thirty days thereafter the aan :rtmrneys' fees which the company m y obligated hereunder to Pay- in addition (b) The Company will pay, otioa to any loss insured against In this p all costs imposed upon the Insured for )the gation carved on by the company. Insured, and all Costs and heofnsuced fees litigation tarried nn by the written authorizatlon of the Company. (c) No claim for damages shall arise or be maintainable under this policy (1) if [he Company, after having received notice If an alleged defect, lien or encumbrance such defeda lien ortencumbrance within ea reasonabloer time 2 rvolunaily assumed )by tic (2) claim or suit the Insured in sconsent n any 4z without in event tbe titlethis ejectednas or (3) lien or �� unmarketable because of a defect not excepted or excluded in this Policy, until coon ofa<nmPeten[ final there determination by such rejection. diction sustaining Way' o ex- (d) All Payments until this Wes cep[ payments made for costs, fees and expenses, shall reduce the amount ment of the insurance pro tanto and no P Y shall be made without producing this policy for endorsement of such payment unless d, the policy be lost or destroy" m which case proof of such lass or destruction shall be furnished to the Satisfaction lief n.neoof party; Provided, however, g LIABILITY NONCUMULATIVE It is expressly uadetsmod that the any amount of this policy is ,educed ounder any amount the Company may pay priority of policy insuring the validity or F Y h wn °f any mortgage so mortgage t here- Schedule B hereof or any after by then ettae Which merest described or referred to in Schedule A, and all aid thenamo the slnsurEdsu der th sepacy Tah' the provisions of this paragraph numbered 1 shall not apply to So show owner of a indebtedness secured by a mortgage show in schedule B unless such Insured acquit' , to said till said in aid or or tanyt Part lhefeof�o GATION UPON PAYMENT C any act of the In- loss 5 to void Chis Policy, cured, such act shall shat event, shall be but the Compny, required to pay only that pan of any losses ex against hereunder uany.r l'shtta the fCom- pany by reason of the impairment of the right of subrogation. The Ensured, If re- quested by the Company, shall transfer es the Company all rights and remedies against any person or property necessary in order to perfect such to of s to use the and shall permit the any action or name of the Insured in any Iiti icon involving such rights or temedies. IE the Insured is rhea mortgage covered debtedness secured by by this Policy, such Insured may release tic substitute the persons lextendilor Otherwise debtor or guarantor, a men[, or release modify the terms of Payment, a portion of the estate or ineerest from the lien of the mortgage, or ¢tease any Pro - lateral security for the indebtedness, toss vided such of the l result in any mortgage. of Priority /. SUBRO SETTLEMENT Whenever the Company sal`Ilh of [sub a Claim under this poheY, right rogation shall ves of the insured, nand nit in affected by any aced to and be entitled to shall be subrog all rights and remedies which erson or proP- would have had against any P icy erty in respect m such Claim had payment •does Inot not been issued. If the Q y shallc be loss snbrogated Insure rSuch cighrsnpand remedies in the proportion which said PaY- meut bears to the amount nE said Inns. If Title Insurance FOiJNDED IN ,BB3 10. POLICY ENTIRE CONTRACT Any action or actions or rights of action that the Insured may 11". ve or out, bring the against the Company arising status of the lien 0 the of mortgage he estate r d by [his Policy interest insured herein must be based on the Pravisioas of this polity- olic No provision or condatexcept byswriting can be waived or cha1A endorsed hereon or attached hereto signed the President, a vice PreaidentI the Se an Assistant Secretary or other Secretary. validating officer of the Company- . NOTICES, WHERE SENT All notices required to be given the Coal- All and any statement in won ha required to be furnished the Company shall be ad- to dressed or to at i's "am, office. 4i3 spring Spring Street, Los Angeles 54, California. 12. THE PREMIUM SPECIFIED IN SCHEDULE A IS THE ENTIRE CHARGE FOR TITLE SEARCH, TITLE EXAMINATION AND TITLE INSURANCE. TI and Trust Company tw