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39 CCS BGOK34738 PA1If;e ~> . PLACE INTERNAL REVENUE STAMPS IN THIS SPACE '2 (~ t~ J ( Corporation Grant Deed Affix 1. R. S. $..mi.~..--. Form i98-A 1-48 THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, - - - -- - - - - -- -- - -- - - - - - - - - -- - -JANSS INVESTMENT CORPORATION, - -- -- - -- - - -- - -- -- - - a corporation organized nnder the laws of the State of Delaware , does hereby GRANTto CITY OF SANTA MONICA, a municipal corporation, - -- -- -- - - -- - - - - - - the real property in the City of Santa Monica County of Los Angeles , State of California, described as: The southwesterly fifteen (15) feet of Lots 2, 3, 4, 5, 6 and 7, of Elliott's Addition to the City of Santa Monica, as per map recorded in Book 22, at Page 11, of Miscellaneous Records of said County, for road purposes; Provided that the title to the above mentioned parcel of land shall revert to and re-vest in the grantor, its successors and assigns, upon abandonment of the use of same for street purposes. SUBJECT TO all taxes and assessments which are now or which may hereafter become a lien on said property, and to all conditions, restrictions, reservations, ease- ments and rights of way of record. In Witness Whereof, said corporation bas caused its corporate name and sea! to.be'affi~~ 'ller~to ~nd this instrument to be executed by its...__................__..........___President and_........Assis:t.ant::.:__.;..........;cr;Se;,..ftary thcrcunto duly authorized. ! ,. "'. . . . . - . . " . Datcd : .......---Ocwbex..2'J.,---J.950-..._...--.._.... 'ION.....;......J..... ,.., STATE OF CALIFORNIA ) COUNTY OF ( 55. nnn.mn. n mI,9snAng~1.~.S...n .n....n...............) ! On ...nQctob.er...27-,m.1950.. n...mnnmnmmnn...mm........ before me, the undersigned, a Notary Public in and for said County and State, personally appeared ummH~rQJgu..;:r.?-ns.~.u. ..mumuumuuu....unum. known to me to be the...... __mum..............m .__President, and uumuA....C....J.ohnson . ..m.m....u.m...u..... known to me to be the...1\.s.sis.tant. ........Secretary of the cQrporation that executed the within instrument, and known to me to he the persons who executed the within instrument on behalf of the corporation therein named, and acknowledged to me that such corporation executed the same. ~rr:N1~& ''''Yo hand and ollicial seaL . . . .... ...... . - - ,- -:;. - - - ~. '- ':'::;~~.;~i:#j ~ fi ~ ($e~i)u:~k~i.:I~ .\ _ '~''JI:;'j:'{) ./.. . 'obry Public in and for IIi ClIunty and State. 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'" q :E:io >----j - _.....:I Il:i 0 ~ ~ ' .. ,,~.:. t<'\ 1iJ 0 :P>o:li" lf1QO~~i:l<: rcr ~ ~ ~ ~f~~ ~~C,,)~~J1~ '" ~ 1:l r10cni'E ~ r:......:::::s",::J ~ -5 =~::; ,0 ~ e 0 ~ ......:1 ~ j:l: ~<~::e: ,,1\ z :I: Il< >'8 ..;; no< 0\ 'JI.J ~ Cfl " '"1 ..... ..J. III >----j :Il "0 : .... !,""_f+l .. .. 8 ~+l.p;s:: -- '" (.) H~~ III .. 0 ~" <I e"10 Qen r:...... Cfl !:C: :: ~ M . . M ""' '< ..;- r ~ e ,. . . ;.,.~ . .. 8 . ELLIOTT'S ADDIT ION TO SAN TA MONICA AS PER MISC.REC. 22 -II .I '90 ) ~}, VO 0 U ~O (j:)O ~~ ~ ~~ c(p THIS ISNOT A SURVEY OF THE LAND BUT IS COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORDS. e . . . . ""' LUDh34738 PAIl36S 566 . RESOI..l!'IlriN H('. ----- (OIT"! COUNCIL E)~mlE8) DEED NUMaE R f. 40, 39 and l.l A Rr:SOLU'IION OI<' THE CITY GullNelL Of THE respeotively CITY OF 8AgTA ioilO;ilCA ACGlia:>>'.fI',Q Cr:R.'tAIN --, CHI.AltT DEEDS R!:LA'11VE To 'fE":wmEN!I~G OF FOUH'ffl STREET. 'tHE Cl'r~: GOItNGlL J.' 'fHt: G 1'fY ,..t' BANTA MO~n CA DOES RESOLVE: A5 Jl'OLUJWf) : Sr;C'l'ION 1. 'fhut thOEl~ oertilln gr,::nt de8ds from Jalll~,s 1... Snyder. JanDe lnvf"~tt'lpnt GorporR.tlon Bnd 5ontl'1Pl'n P9clt1a Railroad Gor-many dated rf!f!neot 1 ve1y October 20. 1'-/50. October 27. 1950, and October 6, 1 (, SO, whereby the grlHltore ~ranted to the '<;1 ty o! l-'8flta Honi eEl for street nurOOflea oertain nronerty described 1n Raid deeds wh10h said pronerty abut8 upon thd portion of Fourth Street lying between Ol)'.mp1c Boulevard and Go10rado ~v.,nt1e. be and the 8ame hereby arfl anproved and accented. Sr~U'I'ION 2. The City ,i;a.nager hereby t5 authorlred to ent"r into an flncrow for the purchase af thf' "T"operty deeortbed in RAid l'tlUto8 and to do 1'"l11 thinj:\fJ neCl'!FAar)' to oonsummate thA oonveyanoe of the title to 8ald oroperty. BlWTION ;. That the (';1. ty <;l.,rk shall certi fy to the Ildoutlon ofthlf'l r~tHllut1on and thenoeforth anti thereafter the eame Ahal1 be 1n full toroe And effeot. ADOPTED and APPMVFJ> this .sls!. day or October 1950. ---' A!'1',oAp.t MARK.'L..Jl.ATES /..s/ ..,'4 &. l;~ ::'~~. - Mayor _--L.._M. - '~ O~ 1 'l}i \~-~\'-\: " c#3rt1fy th: t th@ fore-g()~ ng l"~twlut1on 'WaS afit5~~er~Y.tl\'(tG1ty counon ,r the City of Ant,;, :'cmlca <It /l resu16~"'.",<,;:", (' . . 31st October ___'::,..~~. _U..4~.:1:;\$',.!"t1ng thfllrl'?of tleld on tilf' _._ t!ny of __. , "" ~ , " 1950, by the tolloltln<< Vat. of the Council: 1 ,,~fetti ~ "fv e .. ~ . ~.. e ~ . BO()t{34738 PAliE3G9 AYES: Coun(~ \ lllletl : Barnard,,1)lcklnaon, GuercIo, Hart, McCarthy, Nellson, Gates None t1OES: Counotlmftn: ABSENt': Gounc111nen: noue ~',;:"; ,< ,,': -";;, I~ APl>M'tvl'ld ItS to form this }\Ob:-~'~,;i:;r:o~'f:~ber, 1950. --rrtr., . ',' ,R0fA~.~. U(}fH,imM" lJ,ofI!tV')(. Horene'ell (;1 ty AttornflY '" ,,-., '\. <I' \.:; ,1 ~ ,., < ~ [ , . f ~. t;. i, I, K. O. Grubb, Ci-\;yClefk c1;the City of C:'lnt" ,,'on' ,,<> C~.1-f*d+.ri~ ~[., b _ we.__.:.... :lv~, /c,-_!,,;,;,";~,I:Fe y tiO ccrcJ.::'ycD3..t te.~'~___ ~. ~ 18 0.. tr'-l.O copy'o:E' theorie:"flal.Z wk~c', i3 en :LL~..e in the offic~,' of tho City '>;irk. .~ NOll 11950 ~ '......, ' . . 8t,'~erk .. DOCUMENT Nti.__.1.a24..... "", RECORDED AT REQUEST OF '0. TITLE INSURANCE & TRUST CO. ~.~\ ~\ .NOV 6 1950 AT 8 A. W. f.,' \ ! \ Ii \ BOOK34738 PAGE36'1 \ IN OFFIClALRECORDS ~ I Co\:1nty of Los Angeles, Caltfornia ~ Fee "$ 1-1f JLR. Of .tMMf frATIY. County Recorder 8y' -kf-~ 2 . '-ti ",.- ::fY.';'( . .J 'f . . . . 1012-1.50 . .. CLTA StaDdard Coverage Policy form ~ Copyrigbt 19S0 . .. . .. .. . Fee $ 70. 00 tb>-/31 . . POLICY TITLE OF INSURANC 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 tbe 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 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 INSURANCE AND TRUST COMPANY by S lM. 6A\ e'~ PRESIDENT Attest SECRETARY /I'~ ,( ,_~ ...- md . . . . e 1012A.l.50 . , . . . SCHEDULE A . AmountS 15,000.00 Date November 6, 1950, at 8: 00 A. M. Policy No. 3335632 INSURED CITY OF SANTA MONICA, a municipal corporation. 1. The title to said land is, at the date hereof, vested in: CITY OF SANTA MONICA, a municipal corporation. 2. Description of land in the county of Los Angeles, state of California, title to which is insured by this policy: The southwesterly 15 feet of lots 2, 3, 4, 5, 6, and 7 of Elliott's Addition to Santa Monica, in the city of Santa Monica, as per map recorded in book 22 page 11 of Miscellaneous Records, in the office of the county recorder of said county. , 1cr128 6.50. . . . . . ~ . . 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 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. S. Any laws, governmental acts or regulations, including but not limited to zoning ordinances, restricting, regulating or prohibiting the occupancy, 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: l. General and special county and city taxes for the fiscal year 1950 - 1951. 2. An easement over the north 2 feet of said lot 7 for the construction and maintenance of a lateral sewer together with the right of ingress for necessary repairs as granted to city of Santa Monica by deed recorded in book 5541 page 185 of Deeds. 3. The effect of a provision set forth in the deed from Janss Investment Corporation to the city of Santa Monica recorded November 6, 1950 that said land shall be used for street purposes and the condition that the title to said land shall revert to and revest in said grantor, its successors or assigns upon abandonment of the use of same for street purposes. . .A . lO12.C;6.SO . . . . . . . STIPULATION S t. SCOPE OF COVERAGE curred or expended by the Company. which may be othel'l';ise. The liability of the Company under this recoverable by the insured ;n any litigation carried policy shall in no case exceed. in all, tbe actual los8 This policy does not insure against, Bod the Company on by the Company on bebalf of the insured. The o( the insured and costs which tbe Company is obligated will not be liable for loss or damage created by or word "knowledgeH in this paragraph means actual hereunder to pay, and in no case shall 8uch total arising out of any of the following: (8) defects, liens. knowledge. and does not refer to constructive knowl. liability exceed the amount of this policy and said claims. encumbrances, or other matters which result in edge or notice which may be imputed to the insured costs. All payments under this policy shall reduce the no pecuniary loss to the insured; (b) defects, liens, by the public records. amount of the insurance pro tanto, and payment of loss encumbrances, or other matters created or occurring or damage to an insured owner of indebtedness shall subsequent to the date hereof; (c) defects, liens, 3. NOTICE OF LOSS. LIMITATION OF ACTION retluee, to that extent. the liability of the Company to encumbrances. or other matters created or suffered by the insured owner of said land. No paymcnt may be the insured claiming such los8 or damage; or (d) A statement in writing of any loss or damage for which demanded by any insured without producing this policy defects, liens, claims, encumbrlmces, or other matters it is claimed the Company is liable under this policy for indorsement of such payment. existing at the date of this policy and known to tbe shall be furnished to the Company within sixty days insured claiming such loss or damage. either at the after such loss or damage shall have been ascertained. date of this policy or at the date such insured claim~ No action or proceeding for the recovery of any such 8. MANNER OF PAYMENT OF LOSS TO INSURED ant acquired an estate or interest insured by tbis policy, loss or damage shall be instituted or maintained Loss under this policy shall be payable. first, to any unless such defect, lien, claim, encumbrance or other against the Company until after full compliance by insured owner of indebtedness secured by mortgage or maUer shall have been disclosed to the Company in the insured with all the conditions imposed on the deed of trust shown in Schedule B, in order of priority writing prior to the issuance of this policy or appeared insured by .his policy. nor unless commenced within therein shown. and if such ownership vests in more at the date of this policy on the public records. Any twelve months after receipt by the Company of such than one, payment shall be made ratably 88 their rights or defenses of the Company against a named written Itatement. respective interests may appear, and thereafter any insured shall be equally available against any person loss shall he payable to the other imlUred. and if more or corporation who shall become an insured hereunder 4. OPTION TO PAY, SETTLE, OR COMPROMISE than cne. then to such insured ratably as their res pec- as successor of such named insured. CLAIMS tive interests may appear. If there be no 8uch insured The Company resenes the option to pay, settle, or owner of indebtedness. any loss shall be payable to the insured. and if more than one. to such insured 2. DEFENSE OF ACTIONS. NOTICE OF ACTIONS compromise for, or in the name of, the insured, any ratably &8 their respective interests may .ppear. OR CLAIMS TO 8E GIVEN BY THE INSURED claim in,sured against or to pay this policy in full at any time, and payment or tender of payment of the The Company at its own cost shall defend the insured full amount of this policy. together with all accrued 9. DEFINITION OF TERMS in all litigation consisting of actions or proceedings co91s which the Company is obligated hereunder to pay, The following terms when used in this policy mean: against the insured. or defenses, restraining orders, or shall terminate all liability of the Company here. (a) "named insured": the persons and corporation! injunctions interposed against a foreclosure or sale of under. inchlding all obligations of the Company with named as insured in Schedule A of this policy; (b) said land in satisfaction of any indebtedness, the rellpect to any litigation pending and subsequent costs "the insured": such named insured together with (1) owner of which is insured by this policy, which litiga~ thereof. each successor in ownership of indebtedness any tion is founded upon a defect, lien. encumbrance, or secured by any mortgage or deed of trust shown in other matter insured against by this policy, and may S. SUBROGATION UPON PAYMENT OR SEnLE- Schedule B, the owner of which indebtedness i. pursue such litigation to final determination in the MENT named herein as an insured. (2) any such owner or court of last resort, In case any such litigation shall Whenever the Company shall have settled a claim successor in ownership of any such inde.btedness who hecome known to any insured. or in case knowledge under this policy, it shall be subrogated to and be acquires the land described in Schedule A or any shall come to any insured of any claim of title or entitled to all rights. securities, and remedies which part thereof, by lawful means in satisfaction of said interest which is adverse to the title allJ insured or the insured would ha..'e had against any person or indebtedness or any part thereof. (3) any governmental which might cause loss or damage for which the property in respect to such claim, had this policy not agency or instrumentality acquiring said land under Company shall or may be liable by virtue of this been issued. 1f the payment does not cover the 1088 an insurance contract or guarantee insuring or guar~ policy, such insured shall notify the Company thereof of the insured. the Company shall be subrogated to an teeing said indebtedness or any part thereof. and in writing. If such notice shall not he given to the such rights. llecurities. and remedies in the proportion (4) any person or corporation deriving an estate or Company at least two days before the appearance day which said payment bears to the amount of said loss. interest in said land as. an heir or devisee of a named in any such litigation. or if such insured shall not. in In either event the insured shall transfer. or eause to insured or by reason of the dissolution, merger, Or writing, promptly notify the Company of any defect, be transferred, to the Company such rights, securities, consolidation of a corporate named insured; (c) lien, encumbrance, or other matter insured against, .or~.~ and remedies, and shall permit the Company to use "land": the land delScribed specifically or by reference of any such adverse claim which shall come to th~e } the name of the insured in any transaction or litigation in Schedule A and improvements affixed thereto which knowledge of such insured. in respect to which loss involving such rights, securities, or remedies. by la",- constitute real property; (d) &'date": the or damage is apprehended, then all liability of the exact day. hour and minute specified in the first line Company as to each insured having such knowledge 6. OPTION TO PAY INSURED OWNER OF IN- of Schedule A (unless the context clearly requires a shall cease and terminate; provided. however. that different meaning); (e) "taxing agency": the State failure to so notify the Company shall in no case prej- DEBTEDNESS AND 8ECOME OWNER OF SECURITY and each county. city and county, city and district udicc the claim of any insured unless the Company The Company has the right and option, in case any in which said land or flome part thereof ifl situated that shall be actually prejudiced by such (aHure. The Com- loss is claimed under this policy by an insured owner levies taxes or assessments on real property; (I) pany shall have the right to institute and prosecute of an indebtedness secured by mortgage or deed of "public records": those public records which, under any action or proceeding or do any other act which, trust, to pay such insured the indebtedness of the the recording laws, impart constructive notice of mat. in its opinion,may be neeeuary or desirable to mortgagor or trustor under said mortgage or deed of ters relating to said land. establish the title, or any insured lien or charge, as trust, together with all costs which the Company is insured. In all cases where this policy permits or obligated hereunder to pay, in which case the Com~ requires the Company to prosecute or defend any pany shall become the owner of. and such insured 10. WRITTEN INDORSEMENT REQUIRED TO action or proceeding, the insured shall secure to it in shall at once assign andtransier to the Company, said CHANGE 'OLlCY writing the right to so prosecute or defend such action mortgage or deed of trust 'and the indebtedness there- No provision or condition of thiS' policy can be waived or proceeding. and all appeals therein, and permit it by secured, and such payment shall terminate all or changed except by writing indorsed hereon or at- to use, at its option. the name of the insured for such liability under this policy to such insured. tached hereto signed by the President, a Vice Pre8i~ purpose. Whenever requested by the Company the dent, the Secretary. or an Assistant Secretary of the insured shall assist the Company in any such action 7. PAYMENT OF LOSS AND COSTS OF LITIGATION. Company. or proceeding, in effecting settlement, securing evi. INDORSEMENT OF PAYMENT ON POLICY dence. obtaining witnesses, prosecuting or defending 11. NOTICES, WHeRE SENT such action or proceeding, to such extent and in such The Company will pay, in addition to any 1088 insured manner as is deemed desirable by th~ Company. and against by tbis policy, all costs imposed upon the in- All notices required to be given the Company and any the Company shall reimburse the insured for any sured in litigation carried on by the Company for tbe statement in writing required to be furnished the Com. expense so incurred. The Company shall be subrogated insured. and in litigation carried on by the insured pany shall be addressed to it at the office whicb issued to and be entitled to all costs and attorneys' feee in- with the written authorization of the Company, but not this policy. --.----