D125California land TiNe Association Standard FORM NO. 4WO
Coverage Policy Form -1973 gapEM
EL SEGUNDO
FINANCE
Policy of Title Insurance
Issued by
Transamerica Title Insurance Company
JUL 6 1978
SUBJECT TO SCHEDULE B AND THE CONDITIONS AND STIPULATIONS HEREOF, TRANS-
_ AMERICA TITLE INSURANCE COMPANY, a California corporation, herein called the Company,
insures the insured, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the
amount of insurance stated in Schedule A, and costs, attorneys' fees and expenses which the Company
may become obligated to pay hereunder, sustained or incurred by said insured by reason of:
1. Title to the estate or interest described in Schedule A being vested other than as stated therein;
2. Any defect in or lien or encumbrance on such title;
3. Unmarketability of such title; or
4. Any lack of the ordinary right of an abutting owner for access to at least one physically open street or highway
if the land, in fact, abuts upon one or more such streets or highways;
and in addition, as to an insured lender only:
5. Invalidity of the lien of the insured mortgage upon said estate or interest except to the extent that such invalidity,
or claim thereof, arises out of the transaction evidenced by the insured mortgage and is based upon
a. usury, or
b. any consumer credit protection or truth in lending law;
6. Priority of any lien or encumbrance over the lien of the insured mortgage, said mortgage being shown in Sched-
ule B in the order of its priority; or
7. Invalidity of any assignment of the insured mortgage, provided such assignment is shown in Schedule B.
Transamerica Title Insurance Company
By
President
By
AOL Secretary
/ C1,
/'
FORM NO.810 REVISED 10.79
FOR USE WITH CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY FORM -1579
SCHEDULE A
Amount of Insurance $ 626, 000.00 Charge $ 1,425.00
Date of Policy JULY 2, 1979 AT 8:00 A.M. Order No. 432985
Name of Insured:
THE CITY OF EL SEGUNDO CALIFORNIA, A MUNICIPAL CORPORATION
1. The estate or interest in the land described herein and which is covered by this policy is a fee
2. The estate or interest referred to herein is at Date of Policy vested in:
THE CITY OF EL SEGUNDO CALIFORNIA, A MUNICIPAL CORPORATION
FORM NO. 804 REVISED 10 -73
FOR USE WITH ALTA LOAN POLICY -1970 AND ALTA CONSTRUCTION LOAN POLICY -1975
WITH STREET IMPROVEMENT ASSESSMENT COVERAGE.
FOR USE WITH CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE POLICY FORM -1973
SCHEDULE A— Continued
The land referred to in this policy is situated in the State of California, County of LOS ANGELES,
CITY OF EL SEGUNDO, , and is described as follows:
PARCEL 2, IN THE CITY OF EL SEGUNDO, COUNTY OF LOS ANGELES, STATE
OF CALIFORNIA, AS SHOWN ON PARCEL MAP NO. 7707, FILED IN BOOK 100,
PAGE 78 OF PARCEL MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF
SAID COUNTY.
EXCEPTING THEREFROM ALL MINERALS, OIL, GAS AND OTHER HYDROCARBON
SUBSTANCES WITHIN OR UNDERLYING OR THAT MAY BE PRODUCED FROM
PORTIONS OF THE ABOVE DESCRIBED REAL PROPERTY, TOGETHERWITH.THE
SOLE AND EXCLUSIVE RIGHT TO REMOVE THE SAME THEREFROM AND TOGETHER
ALSO WITH THE RIGHT TO INJECT, STORE, REMOVE AND WITHDRAW OIL OR
GAS, REGARDLESS OF WHERE THE SAME IS PRODUCED IN AND FROM ANY
SUBSURFACE ZONE, FORMATION OR AREA UNDERLYING THE ABOVE DESCRIBED
LAND, PROVIDED, HOWEVER, THAT GRANTOR HEREIN, ITS SUCCESSORS OR
ASSIGNS, SHALL NOT AND DOES NOT HAVE THE RIGHT TO GO UPON SAID
LAND OR ANY PART THEREOF TO CARRY ON DRILLING OR OTHER OPERATIONS
FOR THE DISCOVERY OR PRODUCTION OF OIL„ GAS, OR OTHER HYDROCARBON
SUBSTANCES OR OTHER MINERALS THEREFROM; BUT SAID GRANTOR, ITS
SUCCESSORS AND ASSIGNS SHALL HAVE THE RIGHT TO REMOVE.SAID OIL,
GAS, HYDROCARBON SUBSTANCES AND OTHER MINERALS WITHIN OR UNDERLYING
OR THAT MAY BE PRODUCED FROM BENEATH THE SURFACE OF THE ABOVE
DESCRIBED REAL PROPERTY, BY WHIPSTOCKING, DRILLING, DIRECTIONAL
DRILLING OR OTHER MEANS OR METHODS OF OPERATION CONDUCTED ON SAID
LAND, OTHER THAN THE ABOVE, AS RESERVED IN THE DEED FROM EDLOU COMPANY,
A CALIFORNIA CORPORATION, RECORDED NOVEMBER 2, 1943, IN BOOK 20372,
PAGE 243 OF OFFICIAL RECORDS, AND IN THE DEED FROM EDLOU COMPANY,
A CALIFORNIA CORPORATION, RECORDED JULY 15, 1953, IN BOOK 42213,
PAGE 335, OFFICIAL RECORDS.,
FORM NO. 812 REVISED 5 -74
FOR USE WITH CALIFORNIA LAND TITLE ASSOCIATION STANDARD COVERAGE FOLICY FORM -1673
SCHEDULE B
This policy does not insure against loss or damage, nor against costs, attorneys' fees or expenses, any or till
of which arise by reason of the following:
Part I
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.
Proceedings by a public agency which may result in taxes or assessments, or notices of such proceedings,
whether or not shown by the records of such agency 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 the land or by making inquiry of persons in possession thereof.
3. Easements, liens or encumbrances, or claims thereof, 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. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the
issuance'thereof; (c) water rights, claims or title to water.
6. Any right, title, interest, estate or easement in land beyond the lines of the area specifically described
or referred to in Schedule A, or in abutting streets, roads, avenues, alleys, lanes, ways or waterways, but
nothing in this paragraph shall modify or limit the extent to which the ordinary right of an abutting
owner for access to a physically open street or highway is insured by this policy.
7. Any law, ordinance or governmental regulation (including but not limited to building and zoning ordi-
nances) restricting or regulating or prohibiting the occupancy, use or enjoyment of the land, or regu.
lating the character, dimensions or location of any improvement now or hereafter erected on the land,
or prohibiting a separation in ownership or a reduction in the dimensions or area of the land, or the
effect of any violation of any such law, ordinance or governmental regulation.
8. Rights of eminent domain or governmental rights of police power unless notice of the exercise of such
rights appears in the public records.
9. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed or agreed
to by the insured claimant; (b) not shown by the public records and not otherwise excluded from eov-
erage but known to the insured claimant either at Date of Policy or at the date such claimant acquired
an estate or interest insured by this policy or acquired the insured mortgage and not disclosed in writing
by the insured claimant to the Company prior to the date such insured claimant became an insured
hereunder; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subse-
quent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the
insured claimant had been a purchaser or encumbrancer for value without knowledge.
SEE NEXT PAGE FOR SCHEDULE B PART II
FORM NO. 813 REVISED 5-74- FOR U89 WITH CALIFORNIA LAND TITLE A"OCIATION STANDARD COVERAGE POLICY FORM -1073
SCHEDULE B Part Ii
A. TAXES FOR THE FISCAL YEAR 1979 -1980, A LIEN NOT YET DUE
AND PAYABLE.
1. AN EASEMENT FO
TRANSPORTATION
AND INCIDENTAL
AS GRANTED TO
RECORDED
BOOK
PAGE
2 INGRESS, EGRESS AND PIPE LINES, FOR THE
OF OIL, PETROLEUM, GAS, GASOLINE OR WATER
PURPOSES,
: RICHFIELD OIL CORPORATION
: FEBRUARY 3, 1938, OFFICIAL RECORDS
: 15502
: 382
AFFECTS THE SOUTHERLY 16.5 FEET OF THE
NORTHERLY 20.25 FEET OF SAID LAND.
2. AN EASEMENT FOR POLES AND INCIDENTAL PURPOSES,
AS GRANTED TO : SOUTHERN CALIFORNIA EDISON COMPANY, LTD.
RECORDED : JULY 10, 1944, OFFICIAL RECORDS
BOOK 21122
PAGE : 8
AFFECTS I : A PORTION OF SAID LAND.
3. AN EASEMENT FOR POLE LINES AND INCIDENTAL PURPOSES,
AS GRANTED TO : SOUTHERN CALIFORNIA EDISON COMPANY, LTD.
RECORDED : JULY 10, 1944, OFFICIAL RECORDS
BOOK : 21122
PAGE : 8
AFFECTS : A PORTION OF SAID LAND.
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CONDITIONS AND STIPULATIONS
subject to any rights ,,, clans of the r'_ .
'ed dui - -- -- goatetl in Dar ---I 'cruel named as a
M ten manPh an ins dui Paragraph 2(a) of these Can
deli: the ow 'red g
ed medottgSghedule mortgage an I show.d ratings image hereunder .
cur
ledge' ": actual k ule B, the ow
to an insured b nowledge not c owner of which
ons[ructiv h h
the land d ,reason "any public °knowledge or
ascribed speci(ica Y or beecords. notice which
.ea fa. ' which by law constitute realreferen<e
does not include any area excluded b un Schedule
?!icy. t Pr °g�aY; provide A, and
thel Y Para Ph No, 6 d ,
records gage, deed of [rust, t of Patt I of
the Land" those records whicry bat deed, or other
Y law i security instrument"
ED
ATION OF INSURANCE AFTER mpart constructive notice of
IFNDE
-mo-ot of in
'eases incur,er
claimant and
pollcv by the
mortgage, •other hanunder to the owner the ny�na aj orb litthereld'bi °a rgage
Paragraph, are ter the obligation he and bred y as hel m
minafed. Purchas secured and m hors
E,
DETERMINATION PAYMENT e said indebtedness pursuant cos tfii�
AND PAY
!cast oL liability of OF LOSS
the Company order this polity steal!
(') the actual loss ofine iumred
am m no case exreed the
III, amount of nsurance tlaimaof; or
1 iii) ifrihis i of insurance as defines red n Schedule A °i aPPlic
mortgage P Iny insures the ow d m Paragra
, and provided tai ner of the mdehtedness herenF m able, the own 'i a unpaid Principal ofd I " secured b
d su ubs mounts of ad uddebtedness epov cla +mant,Y ebee Inured
created s hall n to ores Rner n£ r�._ :_, ,
ACQUISITION TITLE Il pComt the lien 'ent pate of Pa any xC dditional Pnn6 pal thereon, Pro
the ow OF it (b) The
.r nave liability � -" oY a Purchaser or ow
sfer y from such in
train, conveyance of such es[a4 raven of m
erect m force in favor interesp arrant;
or the indebtedness secures Purchaser frormv�ded,
EY a Purchase such
OF ACTIONS— money
NOTICE Of CLAIM TO BE GIVEN
cost and without undue delay, sha71 rovide for the
trust ensure that such lirigaHOn
matter insured against by this
he Company poLcy° "' an alleged
(h) in case romp? r' write to
aterest insuredveme to the talm', t case of any
g an insured
y be liable by vim7e and p;hich mi F. the estate or
us i ate asay, then n as to
Provided regard <a the
such however, that
insured under this
re and rhea only to the
to institute and
without
the bestaact which "n Its
ray take re or interest or
is Pwayc ad 'hall no,
or interposed a defense
'+dialer may Pursue any
use juda and expressly
order.
he 8t1co Prosecute or
wh ac i shall secure
_ [ on or ors, -__.,
- -• �'+ as may reasonably be nee 4uest� o1
'sured claimant until Macy- to
isbed. 'D days after such
�nsor damage shall terminate Proof
Or damage. any liabili
NESTLE CLAIMS AND h of the
'NESS
aPay or otherwise settle For
planar, or to terminate ap liability name of
hand obliga.
costs at an will ured mortgage ands as in amounts indebtedness
insured, and all upon an Insaure n add tier to an secured thereby advanced 10
sured with the 71 costs, attorneys' cesnand °un c rrieds onsuredrsKta In,t by this ohs in
(a) WhM xritte�outhorization of heexprnPesn n IitiKat on the C Pant s policy,
with the con i the a unt of toss or yy - y uch
thereafter. d +turns of his petit Ke has b" °n Y su
Y the loss or dam een ad inuely hued in dart
(IMITATION age sh ac(Or ce
No claim OF LIABILITY Payable within 3d days
after having shall arise or be maintainable
de Wish er b+eceired no W' of under this Policy (a) if pan
tua,'es the title, Or the nr otherw alleged defect cs
time htle. r the ice, removes lien or encumbrance ,the coin
ac er receipt of Inc Iran of the insured such dNect )'.
final detetminahon b h noticc (b) t mortgage, as `hen or ° ^cymbra eagainst
therefrom Y a court o n the event of 1IG ''sured, with yrovided ` Pa+a a to the tale OrcomPetent juriadretion Sat+on until the rest nab
bb d es"
rn has b In
Y an insure without 3 hereof; t° the lien of the insured ' and moPOVhon of all aPcats
Poor writtenrconse for liability Iolis ai age, as m
B, REDUCTION OF INSURANCE of the Com uYfarily annulled n sured,
exPelnsesaYments under t1U'RANCF; TERMINATION Pan - r assumed Is
ner shall eedor' the a,, ' ezce t LIABILITY
ow of the deb nt of the insurance nttor'e
then such Pam redness secure made for costs,
Win to Y ants, Prior to a insured t °1 Provided, Ys' fees and
by the Pro tan
Win the amountP F 2(a) of th�eaOriountion of , 1 a1 bag, rs an insured ever' If the the
matt Rnt that such Payments redu a he ehereunderr as to t"a" all if not 1 Pro
he e
Ra e, " _ ce
Payment in full b mouat of he o an,tednh insnot Pro
mortgage shall Y any Person ass sururedeb eAt m
d btedness by the al' liability Initiatory y such
her<o£. Y the the Ctyo satisfaction or release of the insured
'sured mortgage, except asoprovidedrrd owner a the Im
F. LIABILITY NO NC
!t is expressly uMCLPMUod LIVE Paragraph 2(a)
amount the of the esty r Interest he amount of insurance under [h
ruured owner, hat
furred Sch d Y ma y underany poll y this Policy QOI +e' y any
aoliry, Mule B hereof Y policy Y. shall is Y as y the
,a °r o a molt %age berefherd ss a hen o the state )or nesage cherub
haft a estate r inter a t exec he mo
_ be d emrd , _ eat described .,. __._ red by ,,,,, "_
of d -the ,at amount tha o, rt have the
estate or ni t otherwise won;
' A -11'at under in covered by ,his
shall not apply to policy to said
less such insured ac owner oft °sin
loess or any Part quires title tope in
OR SETTLE thereof, said
ny an are ctedd bycan m n °der this p ticy
mss secured by the ins �,.if the insured
Niched In" heretrin, to eu TO THIS POLICY bf rersnn
the Co any by the Cother wall all
mp mPany a the engnte °rsements and other, 'nslru
outtAnf de°^ of loss or polies' and co a incurs, if an
the status damage, whether 'tract between the any aF
interest covered °f the hen of nr not based +'sured and
Provrsrons and co Y. or them d mortRa °n rte ligeoce,
hereb sure g
No amendmentndrtions and Y nchon asserting s QB °{ of the Gel and which r,
douse or endoeserrKOt tro t of this uch Ylanm, shall be i° the estate
d hereon or attach ed P0l'° restnRed to the
Cempgnry, an hereto this policy can be
Aeslstan[ S<cttta signed by other mad
Y' N. or validating o[nh0 President aep[ by writi
dD1n Payment shall be car Lr'°e PresidranR h
esimenf valeta the policy de without Prod'uln or authorized aignato the
shall be f os[ or destr R this policy for rY °� the
Rion be 1
14' NOTICE vrnished to the satisfut on of hd1p endorse
S, A'HERE SENT h case proof of� 'oh 'If such
to be notices require) t t Company, loss or
P anti far the Coo be g. •a the Co p
CalPfornia 9411PanY iha71 be addrossed nil any sfatemenl in m i
13. THE CHARGE SPECIFIED INS t° It 61, Mon[ r tine r
rY Street, fi u +red
i1TlF ELIDE SCHEDULE Rome San
N AND TITLE INS(rRANCE E ENTIRE CHARGE FOR TITLE SEARCH,