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P-109E~~ __ . .. ~t , , ~ Bt~l~c~t3~"al ~RGE ~~ ' . ~ ~ ~ ~ ~ ~ ,~ ' ~~~~-~°,~ r ~ - -l DEEI3 ~~1:J.~ 1~9~C~~S r--- ~saLUfiza~ rrc~. ,.;~c~.~-.... ~c ~m~ ~~vN~~ sE~~~ ~ A ~s~SL~72I(~N (3F °I~ CITY cauNCU, 0~' T,H~ CITY OF aANTA M~NI~A ACCEPTINQ A 3}E~~ TO CFRTA~~3 REAI~, PR{3P~RTY ?;k~i' ~ C ~TY t~' ~AI~i'~A MCtNIC~ AND AU'~H~RI~IN~ '.i~ TI~`L~s ~~'SURANCE A~T~ "TRIIST CflMPAI~ it3 R~CORI~ ~AID ~I). R~AS, pur~ua:nt ~r~ ~he au~hari~y contalned it~ Resc~lution Na. 1.102 4city caune~l serie~) the ~ity Mana~r has ~n'~~ac~d intcz E~cro~t Ns~. 38$5~2~ at the Titl~ Inaurance snc9; 2rust Co~pany ~tc~ ~cquire t~,~le tQ cer~air~ r~al property in th~ ~~.~y of ~anta Monica; NO'i~, `~'I~REFOI~:, °I'~iE C~TY CiJUNC~+ OF TI3E CITY (~F ~~.N'1"A ~ft3ATTCA I~~~ RESt?T~V~ AS~ ~'C1LLC~'f~~: SEGTIUI~ l. ~~ Cit~t Cou~cil oF the City of Sa~a'~a M~n~.~s~ d~re~ ace~pt th~-t certa,in ~uitclaim de~d ~~ecute3 , the l~th day aP 3~nuary, 195~, by th~ ~aliPornia Trust Company q~.t.tcl~imin~ ~ portio~ af ~h~ prgperty cleserib~d 3.n Resolutian Nv. 117~ (City Cou~cil S~rie,a) an~ a~x~Y~arizes th~* Title In- sur~nc~ and Tru~t Cc~mpanY '~O recard s~aid de~d wh+~n ~hey are pregared ~-.o issue s gQl3.cy c~~` °~it1e ~.n~ura.nc~ i~ favc~r c~f the ~i~y oF Sant~ Mc~niea 3.z~ the asr-oun~ ~rf $7~,~~~,c3t7 upon ' °~h~ prop~rt~ der~~r9,bect in Rr~~ol~tion 13~. 11~'8 {City Cauncil seri+es~ . . ~, . .. . . . . . ~ i71~4t 1J: Wii G r lii~ ~ V ~~~ ~~~rX6 ~~~~i ,ri~.~~~~~ ~ #he ~~.op'~ion of thia resal.~,~~~~, anst th~a~c~forth and there- ~.~"t~r the e~ sha7:1 k~ ir~ t~l t`arce ar~d ~ff ee~. A3~p:~~ and A~"PFt€a~~7 thi~ ~,>E,t:h _,,~ ~3~ of ~anuarY~ ~ i~~~* ~ ~."~"~~~: ~ ~;~ : s , `~ ~ `, t;'a y.~, '~ ~%L°t'''y'v'~..t;..,~ °l~~..G~.~.,~'l,z{,~C.~ '~ ""~ ~ ~`t?3' @, ~ U - I h~re'by c~rtif'y that the foregning resolu.tion ~. ; :r ; ,, ~ : .- . ~. ,. ,~,. ~ ,,~,,,_ _ ; . . . M.. ~ '~ . ~ ~ ~ . . . • .. . ~.. , . . . . ~ .. . . . ~ ~ ~ ~~ ~~ r .. ~)QK~ ~S~i~~ !~ :~"~ ~raa ac~captet3 by th~ City Coune3l ~~ #:h~ Cite~ of S~nts Monica , ~;~ ~ regular ~eetit~g th~~°e4f held an the 26th ~,a,y of Januar~ ,~-95~, bY the followirig ' vat.e c~~' th~ Gouneil: AY~S: Caun6ilm~tl: t3arnard, Grubbs, Guercio, ;iahoney, 1~~eCarthy, i'~~I~.s, P~eDermott NOE~; Courtcilmert: Nane A~~NT: Counc~,lmen:Non~ , '` -. ~-~p ~~ _,~, ~`'` -r f ~-...t ~:~ y 4.;:~t,BY" J, ,* 2 I ~t <' (' L( ~ ~. 1 I i a .~~ ~~ ,~~ ~ ~ ;. ~o~ t~ ~~ '~ yt ~ ~~~ ~ ~ ~ ~ ~~~~ :~ ~ ~~ ~ ,~ ~~ ~ ~ ~ U~ ~~~ ~ ~c~s ti~ ~~ ° ' :~ ,~; •~,~ `~~ , J ~ ;~: ~~ ; ~a~ h~' `~Y 1 ~ A ~ -~~...r - . . , - r ~.~~ . • -~. ^ - ~ ~ - . J ..~` ~ F^ +G` . -' fi' y' ~,~~ ~i ~~ As the c~nsideratian Por this d eed does '° ~~ not exceed $100, Iso Internal Revexiue Stamps are attached. t~UI`f`CLAI~i I?EED >~. ~. 53036 ~, E~~ i~ I~l~ , l~' ~~ ~~~ ~ IN GONSIIIER~ITON dF ~ DOL...ARS ($10.~~), receipt of t~hich is hereby acknowledg~d~ CALI~ORNIA iRUST vOT~%PANI~, a California corporation, as '?rustes of the Estate of Herbert Richmond G,age, also known as H. ~:. Gage, deceased, does hereby re~ise, release and forever quitclaim to the CI`t'Y OF S.11NTA hIONICA~ a municipal carpnration of the ~tate of California, all its right, title and i~terest i:^. and to a11_ th~.t real Froperty situated in the City of Santa Nionica, Caunty of Los iar:~eles, State of California, deserib~d as follotvsr The northeasterly 30 feet o~ Lots L~3 and $k of the ~Jcean Wave Tract, as' per map recorded in Baok 8t~., vaga 1 of Miscell.aneous Hecords in the offiee of the eounty recorder of Los Angeles County. ALSO that portion of Grand Avenue' !~0 £eet wide~ as shown on said map and that p~,rtion of the 20-,faot a],ley lyir~ between said lots, as showr~ on said map which adjoins those portions of the above described lots, ALSO: That pox~ion of the R.ar~cho La Ballona, desaribed as follows: Z'hat portion of the 30-fcot strip o: land r~.arked "Los '~,nbeles ~acifi~ ELectric R. R. Right of Wa~~~ ~n the map of the Crescent Bay Tract, recorded in Book 2, pa~es 13 ~nd J.t~. of Iviaps, in the oPfice of the county recorder of Las Angeles County~ exien ding from the nartheasterly pro- lon~ation of the n~rthwesterl;~ line of Pier Avernze, as ~own on said map, to the northeasterly pralongation of the center line of the 2(~foot sll.ey adjoining Block 2 of said Crescent Bay Tract on t he n~rthwest. f EXCE~TING therefrom those portions thereof now inclucied within the lines af ~rf Street, Hill ~Street and Ashl:.and Avenue, as described in the deed from ~,os ~el.es Pacific Company, to ~he City= of Santa iaionica, recorded Qn Febrczar~ 15, 1909 as Znstr~unent No. 215 in ~ok 36~,8, page 22 ~f ' Deeds. v l~LSO ~XC~PTIl~iG th~t portion includad ~rithin Fier ~.venue, con- demned for the ~vi.dening Qf Pier Avern~e by final deeree of condetnnatio:~ entered in Case Na. $4~26, ~zpericr Court, a eertifiad copy thereof beia~ recorded in 3ook ;5bg, page 139 of Deeds. '' AL9C r'~CCs.L'TING tha.t portian included within Kinn~ Auer~ue conde~riraed by final decree of condemnation enter~d in Cas~ I~a. 29222'7 Sup~rior Co~art' a certi,fied copy thsreaf being recorde:i in Book 11la3S pa;~ 259~ Official Recc,rds of Los lingeles Co~nty. AI~SO: That portion of the Rancho ;~a Ball.on~,, clescr3iaed as fallows: r=: _ 1 _ .x ~ , ..~ _ ~,. ~ ' •. •_ ~ ` :: BaDK'~3~J1 k~G~ 59 C~. ~ . 53o~b `Phat portic~n of t~e 30-foat strip c~f l~nd marked "I.os An;eles & Fac~.fic E~ectric Cots Right of ~la~'s o:~ the map of the Replat af'the ~3~y Vi.e~ Tr~c~, recorde~ in Boek 1' Pa~es 1 and 2 of N~aps, in the o~'ficP of ~he count3r recorder of Los ~SnCeles Gounty, e~:tendi~n; £rc~ud the southea~terly boundary line of th~ City of Santa ~Tonica ta the north- easterly pr4longata.~n of the southeastsr.l~ line of Pier Averrue, as shown on said maF. EXCEP`L'Ii~G therefrom that portion thereof now include~i rrithin the lines o~ ~'.arine Strset as r~escribeci ?n thedeed from Los Angeles Pacific R?ilroad Catnpany to the Ci'ty ~f Sant~ Monica, recorded on 5ep~teu~ber 2F3~ 1903 as Instrument AIo. I06 in Baok 19~1, ~a~e ~53 ~f lleeds. AL,80 EXCEPTIr~G that pc~rtion inclu.ded, w3thin Dier AvenuP, eond~^aned for the ~~.~l.eni,ng pf : ier :~venue b~r rinal ~lecree of cond~nnation ~nter~~ in Ca.se No. ~.826 Superior Caurt, a certified copy- thereof being r~cordPCi in Baok ~568, ra~e z39 0#' Deeds. EXCEP~ING and reservino~ howeve.r~ t4 tn? Yr~.n±or' its s~~,ccessoxs ~~ assign~} ForPver, the tit~e and excl~lsive ri~ht to all ~f tk~R micierals and m:irer~:l, ores ~!f avery~ kind anc3 character n~:v !sn~wn to exi.~t or i:Qreafter dasrov~;red uPon, withi.n c~r un~er];ling said l~nd or that May be produce~ therefrom invl~zdin;, withc~~.it limitin~ the oeneralit~r `o£ the foreooin;, all petroleum, oi.l, r.at~axal aYs and other hydrocarbon ~~b~tances and prodizcts derived therePic~m, t,ndethPr w~.th the earclizsive and ~~rpe :~aal r~.ght o~ said Grantor9 i~s successors a:~i assi~ns, ef i.n~ress and e~ress beneatrs ~hs ~izrface of sa~a land ta explare fory extract~ mine and r~nove the same, and to rnalc~ such tz,c. of t)ze ~~.id lar.d beneath the ~~~f~c~ ~.s ~~ necess~.ry~ or ci~Af~il in conne~tis~n ther~vrith, :~rh~.ch use ma~T i.nclnde latera7. or s.Ia.nt driLin,;, di~;~in6, ~*orin~;, or ;,3,nking of wel? s, shafts or tunatels;provit~ed hawever, that said u?^~?'1t~a"~ i:ts ~uccessors snd a~si.gn~, shall not use the surface of said 1~,nd in tl:e exerca se of an;~ ~a.f said ri~hts and sha].l not cl~.sturb the s~.~rface af e aid lar~ or ~sny i.,~,~~rov~,men;•s ~hereen c~r remr,vs or arepair t~he lateral. c~r subjacent .~up~;~art, ^~' Jz.id 1ar~? or any i.n:~amv~~nts thereon. 4rantars axe ressrv~r_~; fror,ta~;e ri_Uhts #~ ~aid pmrer#.y ~r~thin tk±e prol.on~a- ,, tion of Grand Averiue, Grand P1a~e, ~.irf St,r~at, Kinneg ~'lace ar.ci Mar~ne Place, r_ort;~- wi easter7.y. ~ DA`~'En thi s 7.1.tth d~y of January ,].954. x ~ i r ~' , ( tl iti i -:~; ~ ~ N;J r~f , ..,.. ~f::rii - ---°--- ~`~-n--`- L 5°°-°---... 23_ i's~'... `~~~.~ ~~-:~~~_.... GYY Et.GI ER ~ C<kT.,T~C?R?'.IA 'i'R,TI=;T ~Ie;.PANP Tru.stee n t~e E.~tate cf yH~~e.rb~a~t~i]'chm~Jond G~ a, .~c, CL/.1~~~f 1's• I;• .rd~.f~ s~ ~ t ~,~~ ,.~ °.~ . r ~~+. a ~~ ~ ~SS.Sti~3,T1~'i SS.'CX'P•t. Z°y% = ;r~`~/~?~~~. - ` ~, , ,. . / ~ ~ ~ ~~ Si~ii'~ (}i+' Cr1LI1~ ~RP11:A ) . ~ SS• COUI~`I'Y J~` L~S 1~1`?G~L" ~S ) s, # ~ ~ '.~ ~ : ~ ~ ~ ~~ ~ ~ Y - . ~ ~,~ - ~ , * i ~ 1012 6-53 ~ ~ ~( l,1 California land Tifle Association Standard Covera9e Policy Fo~m Copyri9hf 1950 ~ Fee ~f ~-'~~ 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 : L 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 unmarketahility 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 show~n or referred to in Schedule B; or 4. An}' defect in the execution of any mortgage or deed of trust shown in Schedule B securina an indebtedness, the owner of which is insured by this policy, but only insofar as ~uch defect affects the lien or charge of such mort;age or deed of trust upon said land; or , 5. Priority, at the date hereof, o~~er any such mort~a~e or deed of trust, of any lien or encumbrance u~on said land, except as shown in Schedule B, such mortgage or deed of trust bein~ ~ho~ti-n in the order of its priority in Fart Two of Sched~le B; all ~ubject, hoH•ever, to Sched~les A and B and the Stipulations herein, all of which schedules and stipulations are hereby made a part of this policy. In T~itness l~hereof, Title Insurance and Trust Company has caused its corporate name and seal to be hereunto afi'ixed by its duly authorized officers on the date shown in Schedule A. ~ TITLE INSURANCE AND TRUST COMAANY hY /~• 71~,~UK. PRESIDENT ~~ ~.~:^"";,,~~,~' ;~~;~~ .a«es~ SECRETARY ,'/"~ ~ , r" - , >.. t :~ < _..,.. . . , meb • , .. ', ~ • 1012A 8-53 Catifornia Lartd Tifle Assetiafiian Standard Coverc9e Policy Form Copyright 1950 SCHEDULE A Amount ~i65 ~ 000 . 40 Date February 17, 19~j~F ~.~ 8~., m. INSURED C ITY 4F SANTA M4AIICA, a rnunic ipal. cor porat 3.on . 1. The title to said Iand is, at the date hereof, vested in: C ITY OF SAn1TA MONICA, a munic 1pa1, a orporat ion . Policy No. 38854~3-B 2. Description of land in the county of Los Angeles, state of California, title to which is insured by this policq: PARCEL 1. The sou~hwest~rly 20 feet of ].ots 2 and 2~},~ ,~~__, ~" block "~" of the Cen~ral Beaeh T~aet, in ~he ai~y of Santa Monica, county of Los Angeles, s~a~e of Californ3a, as per map recorded 3n book 78 page ?7 of Miscellaneous Records, in the oPfiee of ~he caunty reco~der of said eounty. ALSO that portion of ~he northwest half of Grand Avenue as shown on said map whieh ad~oins said southwe~terly 20 feet of said lot 2~+. ~ v''EXGEP~IATG the title and exelusive ~ight to ail of the m3.nerals and mineral ores of every kind and eharaeter now kr~own to exisic or thereafter discovered upon, with3n or underlying said ].and or that ma.y be prod~ced therefrom, includir~g w3.thout 1~.m3.ting the generality of the fore~oing, all petroleurn, oil, na.tural $as and oth~r hydrocarbon sub- atanees and productss derived the~efrom, but without the right of surface entry, as exeep~~d and reser~red by the gran'~ors in various deeds reeo~ded Februa.ry 17, i~5~. PARGEL 2. The northeasterly 5 feet of ].ots 3 and 25 in block "~" in ~he Cen~ral Beach Traet, in the eity of Santa _2- .~. ' ~ Monica, cvunty of per map recorded neous Records, in eounty. ~ Los Angeles, s~at~ of California, as in book 78 pag;es 77 and 7$ of 1~3.sEella- ~he office of the county recorder of said ALSO that portion of the nor~Gh~resterl.y half of Grand Avenue a~ shown on said map whieh ad~oint~ said northea~terly 5 fee~ of said lot 25, ~XCEPTING the title and exclusiv~ right ~o all of ~he mineral.s and min~ral ores of ~very k3.nd ~d eharaeter now kno~,rn to exi~~ or thereaf~er di~QOVered upon, within or ur~derlyir~~; said land or that ma.y be produced therefrom, ~ncluding wi~hout lim3.ting the general.~ty of the fo~egoin~, all petrole~m, c~il, nat~~.1 gas and o~~e~ hydroca~bon sub- stances and prod~cts deri~ed ~herefrom, but withou~ the right of surface entry, as excep'~ed and reserved by the grantors in varioua deeds recorded February 17, 195~. ~,, PARCEL 3. The northeast~rly 30 feet of lo~s 43 and 5~ of the Ocean Wave Tract, in the city of Santa Moniea, county of Los Angeles, ~tate of California., as per map r~corded in book 84 page 1 of Misce7.laneat~s Reeorda, in the offi~e of the eo~aanty recorder of a~.id coun~y. AISO tha~ portion of f~rand Avenue, 40 fee~ wide, as shown on said map and that por'~ion of ~he 20 foot alley lying between said lots, as shown on said r~.p which ad~o3n those port3.on~ of the above de~cp3.bed lots. /EXC~PTING ~he title and exelus3.ve ri~ht to a11 of th~ ~inerals and mineral ores of everg kind and charaeter now known ~o e~ist or thereaf~er discovered upon, wi~hin o~ und~rlying said land or that may be produeed therefrom, including withou~ lirn3.ting ~he generality of ~he fore~;oi.ng, all petroleum, oi1, natural gas and other hydrocarbon sub- stanees and produc~Ga der3.ved ~herefrom, but without the ri~ht of surface entry, as excepted and rese~ved by the grantors in va~ious deeds reeorded Februa,ry 17, 195~• PARCEL ~, TY~e nort~ea~t~rly 15 fee~ of lots ~1 and 52 and ~ the sotathw~s~erly 14 fee~ of lo~s ~43 a.~d 5~ of ~he 4eean Wave Tr~.ct, in ~he ci~ty of Sar3~a Mon3.ca, county of Los Angeles, s~a~e of Cal3fornia, as per ma.p reeorded in book 8~F page 1 of Miscellaneous Rec~ord~, ~.n the off'~.ce of the county recorder of said county. ALSO that port3.on of the sou~heaste~°ly half of Grand Avenue and that portion of the 20 foot alley lyi~g between said 3ots as sho~+vn on said map whi~h ad~oin those por~ions of the above described ].ot~. . -3- , ~ . ~ . ~ ,,~XGEF"~INC# the tit].e a.Md ex~1u~#,ve ~3.~h~ to a11 of ~he min~rals arid ~ine~a7. ores of every kind and charaeter r~ow knocam to ex3.~t or there~.f~er d~.sco~e~ed upon, w3.thin or ~nd~riying ~a~.d l~nd or that may be prod~,ced therefrom, incl~dirzg wi~ho~t lir~iting the generality of ~he Fore~oing, all pe~roleum, o~l, na~ural gas and other hydrocarbon ~ub- stances a.r~d produ~ts derived theref'rom, but r~ithout ~he rigY~t of surface entr9, as excepted ~d reserved by the ~ra~~ors in various deeds recorded February 17, 195~• PARCEL 5. Lo~s 29, 28 and the northeas~erly 15 f'~et of lo~ 27 of 4cean Park Trset, ~.n ~he ~3.ty of Santa Monica, eounty of Los An~ele~, state af California, as per map r~corded 3.r~ book 72 page 18 of Miscellaneaus Records, 3.n th~ office of the c~un'~y r~corder of s~,id county. EX~EPTING from lot 29, that portion included w3.~hin ~he land de~cribed in th~ deed from Los An~eles Pac3.fic Compan3r, tp the Gity of Santa l~onica, recorded on February --~ 15, 1949.~as Instrumer~t No. ~15 in book 36~F8 page 22 of Deeds, for th~ extension of Surf S~reet and Hill Street. ~ISO EXCEPTZNG ~he title and excluaive r~.ght to all of ~he minerals and mineral vres of ev~ery kind and charaeter now known to exis~ or thereafter discovered upon, within or underlying said land or that ma~r be produced ~herefrom, incl~ding without lirnitin~ the ~en~rality of the fore~oing, a].l petrole~m~, oi7,, na~~ral gas and other hydrocarbon sub- s~anaes and produ~ta derived therefrom, bu~ w3.thout the ri~ht of su~f8ce entry, as excepted and re~erved by ~he gr~.n~ors in v~.rious deeds recorded February 17, 395~. ~- PARCEL 6, That portior~ of ~he Ran~ho La Ballona, ~.n ~he ci~y of Sar.n.ta Monica, eounty of Los An~ele~, state of C~.liforn3.a, descr3.bed as follows: That por~~.on of the 30 foo~ str3.p of Zand marked "Los Angeles Pae~.fic Electric R. R. Right of Way" on the map of the Cr~seent Bay Traet, reeorded 3.n book 2 pages 13 and 14 of Maps, in i~he office of the coun~y recorder of said eounty, extending from tY~e northeasterly prolon~ation of ~he nor~h~reste~ly line of Pier Avenue, as shown on said map ~o the no~theast~rly prolon~ation of the eenter line of th~ 20 foo~ aliey ad~oin~.ng block 2 of ~aid Cres~ent Bay Traet, on the northwest. EXCEPTING therefrom those portions thereof now ineluded within the lines of Surf Str~et, Hill S~reet and Ashland Avenue, as deaer~.bed in the deed from Lvs Angeles Pacif~.e Company, to ~he City of Santa Mon~ca, recorded on F~bruary -~+- ~ ~ 15, 1909 a~ Instrurnen'~ No. 215 in book 36~8 page ~2 of D~eds. AIS~ EXCEPTING that por~ion included withir~ Pier Avenue, condemned for the w3.den3.n~ of Pier Avenue by final decree of condemnation entered in Case No. 8~826, Superior Court, a cer~ified copy thereof being recorded in book 5568 pa~e 139 of Deeda. ALSO EXCEPTING that portion included wi~h3.n Kinney Avent~e condemned by Pinal deeree of condemnation en~ered in Case No. 292227 Superior Cou~t, a certified copy thereof being reeorded in book 11~}35 pa$e 25~, Offieial Records of said Coun~y. ~LSO EXCEPTINC~ the ~~.~le ar~d ~xclus3.~v~ r3.ght to all of the minerals and mineral ore~ of every kind and charactc~r now knovan to e~is~ or thereafter di~eov~red upon, w~.thin or und~rlyir~g said land or ~ha~ may be produeed ~therefrom, 3.ncluding w3.~hout limitin~ the generalit~r of ~he fo~egoing, all petrol~um, oil, natural gas and other hydroearbon sub- a~ances and products derived the~efrorn, bt~~ witho~t the r3.ght of su~face en~ry, as excep~ed and reserved by the ~rantor~ 3.n various deeds reeorded February l7, i95~. PARCEL 7. A strip of land 25 fee~ in width im~diately ad~oining ~he right oF way of the Los Angeles & Pacific Railra~.d Company of California, recorded ~.n book 15~4 page 11~ of I)e~ds, ~.n th~ office of ~he county r~corder of said cour~~y, on the we~terly or ocean aide '~her~;of, being a str3.p ~hrough the Crescent Bay Tract, in tMe city of Santa Manica, county of IAS Angeles, state of California, as per r~ap reeorded in book 2 pages 13 and 1~ of P~apa, in the offiee of the eoun~y reeorder of said courity, and being 1ot 5~ in bloek ~, lats 53 and 5~F in block 3, lots ~4~ and 55 ir~ block 4, lots ~F3 and ~1~ in bloek 5 and lot ~45 i.n block 6 of sa3.d Crescent Ba.y ~ract. ALS~ that portioM of the southeasterly 10 fee~ of ~urf Plac~, as~d those po~tions of Hill Stree~, Hill Place, Raymond Avenue, Ragmor~d Pl.aee ~,nd Ashland P1ace and Kinney Pla~e~ as shoxn on ~aid map whi~h ad~oin sa~.d lots. ~XCEPTINq~ ~he ti~le and ~xelusive r~ght to all of the minerals and mineral ores of every kind and charac~er now known to exist o~ thereafter discov~red upon, within or und~rlying ss~.d land or tha.t ma.y be produced therefrom, i.ncludin~ wi~hout limit~.ng; th~ ~enerali~y of the fo~e~o3ng, all pe~ro3eum, oi1, na~ural ~as and other l~ydroearbon sub- stanees and products der~.ved theref~am, bu~ wi~hout the right of surface en~ry, as excepted and re~erved by the g;rantors in var ious deeds recorded February 17, 195~+- -5- ~ ! ..~-~--~ PARCEL 8. That portion of the R~ncho La Ballana, in the eity of S~.nta ~Ionica, county of Lfl~ Angeles, sta~e of Califarnia, de~cribed as follo~rs: Th~.~ por~ion of the 3~ foot strip of land marked "Los Ar~~eles & Pacific Electrie Co's Ri~ht of Way`~ on ~he map of ~he R~plat of ~Me Ba,y Vie~r Traet, r~corded in book 1 p~.ges 1 and ~ of A~ia.ps, in ~he o~fiee of t~e eoun~y re~order of s~.id county, extending f~om the southeasterly boundary line of the City of Santa ~ionic~. to the northeas~erly pro- lon~ation of the southea~terly line of Pier Avc~nue, a.s shown on said map. E~CEPTIN(~ ~herefrom that portion ~hereof now included within the linea of Ma.rine Street as desc~ibed in the deed from Lc~a Angel~s Pacific Rail~oad Company, to th~ City of ~anta Monica, reeord~d on Sep~ember 28, 1943, as Insstrum~nt Ato. 106 in book 1941 pa~e 153 of Deeda. ALSO EXCEPTIN4 that portion included ~ithin Pier Avenuc, cond~mned for ~h~ wid~n~.ng of Pier Avenue by final deere~ of eondemnat3on entered in Case Ato. 848~6 Superior Court, a cert3.fied copy thereof being recorded in book 5568 page 139 of I3eeds , ~`'AI3S4 EXCEPTING the ~itle and ~xelusive right to all af the mine~als arid mineral ores of every kind and charaeter now kno~ tt~ ex3.st or ~her~:after di~cavered upon, with3n, or underlyin~ said 1~.nd or that may be produeed th~refrom, inclt~din~ w3.thout lim~.ting the generality of the foregoing, all petroleum, oil, natural ~as and other hydroearbon sub- ~tances and produet~ de~rived the~efrorn, but without the r3ght of surface entr~r, as excep~ed and reeerved by the grantora in va.rious deeds reeorded February 17, 195~• PARCEL 9. Tha~ por~ion of the 25 foot strip of land marked ~ "Res~rved S'~rip" on the map of the Replat of the Bay View Traet, in ~h~ aity of Sar~ta Monica, eounty of Los Angeles, state of California, as per ma.p recorded in book 1 pages 1 and 2 of Maps, in ~h~: office of th~ county reeorder oP said county, extending from the southeast~rly boundary line of the C3.~y of S~.nta Mon3.ca, to the northeast~:rl.~ prolonga- t3.on of ~he no~th~resterly line of 10~ ~~+ in bloek 9 of saici traet. EXCEPTING theref rom tha'~ portion thereof now included w3.thin the lines of P~arine Stree~, as describ~:d in ~he deed from Los Angeles, Ocean Park and Santa I~on3.ca Ra.ilway Co~pany, to ~he Citg of Sa.n~a Moniem, recorded on September 28, 1903 as Iastrument No. 105 in book 1897 page 14~ of ~eeds. AL~SO EXCEPTING that por~ior~ included wi~hin Pie~ Avenue ~ondemned ~o~ ~he w3.dening of Pie~ Avenue, by final -6- ~ ~ i decree of eor~demna~~.on entered in Case No, 848~6, Superior Court, a certified copy t~ereof being recorded ~.n bool~ 5568 p~.ge 139 of ~eed~. ~L54 EXCEPTINQ~ the ti~le a.Md excl~sive ~ight to a11 of th~ m3.z~erals and miMeral ores of every kir~d and character now kno~n ~o e~3.st or thereafter diseovered upon, within, or underly3.n~; said land or tha~ ma~ be produced therefro~, includ3.ng without l.imi~in~ t~e generalit9 of t~ie fore~;o3.n~, all petroleum, oil, natural gas and other hydrocarbon ~ub- stanees a~d prod~~ts derived therefrom, bu~ ~itho~t ~he right of surface entry, as excepted and res~rved by the grantors in various de~ds r~e~rded Febr~ary 17, 195~. -7- ~ . ~ 10128 8-53 California Land Tiile Association STandord Coverage Policy Form coPY~:anr ~sso SCHEDULE B This policy does not insure against loss by reason of the matters shown or referred to itt this Schedul.e except to the eatent that the owner of any mortgage or deed of trust shown in Part Two is expressly insured in paragraphs numbered 4~nd 5 on page 1 of this policy. PART ONE: This part of Schedule B refers to matters which, if any such eaist, may a$ect the tide to said land, but which are not shown in this policy: 1. Tases or assessments wluch are nat shown sa eaisting liens by the records of any tasing agency or by the pnblic records; and easements, fiens or encumbrances which are not ahown by the public records. 2. Rights or claima of persons in possession of said land which are not shown bp the public recorda 3. Anp facts, rights, interests, or claima which are not ahown by the public records bui which could be ascertained by an inspection of said land, or by makin~ inquiry of persons in possession thereof, or by a correct survey. 4. Mining clsims, reservations in patenta, water righta, claims or title to water. S. Any laws, governmental acts or regulations, including but not limited to zoniag ordinances, restrictin~, regulating or prohibiting the occupancy, use or enjoyment of the land or any imgrovement thereon, or anq zoning ordinances prohibiting a redaction in the dimensions or area, or separation in ownership, of anq lot or parcel of land; or the effect of any violation of any such iestrictions, regulations or prohibitions. PnxT Two: This part of Schedute B shows liens, encumbrances, defects and other matters a$ecting the tide to said land or to which said title is subjeet: l. Seeond installment of general and special ~ounty and eity taxes fQr the fiscal year 1953-195~+, ~overing this and othe~ property, Code Area ~#7~2, Pare~l No. 128-~3-X, amount ~2~F51.81, Included are leviea for San~a Monica Mvnicipal Improvement D3.striet No. 1, created for C3.ty Park. 2. A sale eovering ~his and other property, ~o the State of ~alifornias for county and city ~axes for the fiscal 3~~~' 195~-195~~ Assessm~n~ No. 70g413, and subsequent delinquene3.es. Amoun~ to ~edeem p~ior to February ~~3, 195~#, ~10,367.83. 3. (Affeeting Pareels 3, 6 and 8). The ri~ht to lay water and gas pipes alon~ or across said land for the purpose of supplying water and ~as to reaidents o~ th~ ne3.~;hbo~hood, ar reserved by ~,bbot Kinney and Margaret ~hornton K~.nney, his wife, and Ma.~ilda Dud].ey, in deed recorded in book 15~0 pag~ 11~# of Deed~, 4. (Affeeting Pareel 1}. The effect of the provisian that lo~ Cen~ral ~each ~ract, ~.s per map reco~ded and 78 of ~tiseellaneous Records, "3.s and for public use as a street and for right railway", as recited ~.n the deed from G. Har~, husband and wife, to Thomas S, ~dad~ ~d book 1~~4~ page 21~ of Ueeds, 2 3.n block ~ of in bc~ok 78 pages 77 shall remain dedicated of way for electric A. Hart and Ida M. 3worth, recorded in 5, (Affeeting Pa~ee1 1). ° Covenants, eonditions and res~rictions contal.ned 3.n the -8- +' ~ • • ~ • .. deed from G. A. Hart and 2da M. H~.rt, h~sband and wife, ~ecorded in book 7.~~4 pag;~ ~l~ of Deeda . 6. (Affec~in~ Pareei 2). Covenanta, ~anditions and restric'~ions can~ained in deeds from G. A. H~t and Id~. M. Har~, husband and wife, recorded 1n book 16~7 pa~e 139 of Deeds, affec~in~ 1ot 3 ir~ bloek "D" and in book 1~445 pa~;e 21.8 of ~eeds, affecting lot 2~3 i23 blo~k t'Da ~ 7. (Affeetin$ a11 parcels). The ex~lusive and perpetual righ.t of ingress a.r~d egress beneath the surface of said land to explore for, extraet, mine and rearove the minerals and mineral ores of every kind ar~d charaeter incl.ud3.n~ a11. pe~roleum, oil, natural gas and other hydrocarbaM substances, and to make su~h u~e of ~h~ said land benea~h th~ aurface as is nece~sary or useful in connection therewith, which u~e ~a.y inelude lateral or slan~ drillin~, dig~in~, boring or ~3.nking of we11s, shaf'~s, or ~unnel.s; provided however ~ha~ the gran~or, its successors and ass~.gns sha11. not use the surface of said Zar~d ~.n the exercise of any of said rights and ~hall not dis~urb the surface of sa3d land o~ any ~.mprovement~ thereon or reraove or impair the 1ate~al o~ sub~acent support of sa3.d land or impro~ements the~eon, as reserved in ~ario~s deeda recorded February 17, 195~4. 8. The effe~t of ~h~ followin~ reci~al: "Granto~s are ~ee~erv~.ng fron~age right~ ~o ~aid proper~y with3.n the pro- 1on~ation of Grand Avenue, 4~and Plaee, Surf Street, Kinney Place and Marine Place, northeasterly", ~s con~ained in ~he de~ds covering this and other property, from The Pacifie Elec~~ic Railway Company, a corpora~ion, and frorn Galifornia Tru~t eompany, a corporation, a~ Trus~ee of the Fs~ate of Herbert Richmond Gage, al~o knov~m as H. R. G~.~,~, deeeased, recorded February 17, 195~#. -9- ~ 1012-C 8-53 California Land Title AssotiaTion Standard Coverage Policy Form Copyrighti950 1. SCOPE OF COVERAGE Thia poGcy doea not insure againat,. and the Compsny will no[~ be liable~ for loaa or damage created by ur arieing out of any of the.Eollowing: (a) defects, liens, tlaima, encumbrancea, or other mattera which result in no pccuniary loee to the ineured; (b) defecb, liena,~ encnmbrancea, or other ~ mattere created or cecurring eubaequent to the date hereol; (c) defecte, - liene, encumbrancea, or ot6er mattera created.or euHered by the ineured claiming euch loes or damage;. or (d) de(ecta, liena, claime, encumbrbncea, or~other mattere ezieting at the date of t6is policy and Icnown to the ineured claiming euch loea or damage, either at tbe date of t6ia~policy or at the date euc6 ineured claim- ant acquired an eetate or intereet inaured by this policy, unlees euc6 defect, lien, claim, encumbrance or other matter e6a11 hare~been diacloeed to the Company in writing prior to the iasuance of thie policy or appeered at the dste of t6ie policy on the public recorde. Any righte oz de(enaea oE the Company againat e named inaured ahall be equally available againet eny penon or corporation.who ehall become an ioeured hereunder ae eucceasor of auc6 named inaured._ ~ 2. DEFENSE OF ACTIONS. NOTICE OF ACTIONS OR CLAIMS TO 6E GIVEN BY THE INSUREO The Company at ite own coat ehall defend the insured in all litigation conaieting of actione or proeeedinge againet the inaured, or defenees, restraining orden; or iojunctiona interposed againat a-[orocloeuro or eale of ~sid lend in satiefactiou oE any indebtednese, the owner of whic6 ie ineured by thie policy, which litiga- tion ia tounded upoo a defect, lien,~encumbrance,~or other matcer inaured agaiast by tLis policy, and mty punue euch litigstion to final determination in tLe court of laat reaort. In caee any auch litigation ehall become known to any inaured, or in caee knowledge shall come to any ineured oE any claim of title or incereet w6ich is advene ro the tide aa inaurod or which might cauaE lose or damage for which the Company s6a11 or may be liable by virtue of thie policy, euch inaured ehall~notify the Company tbereoE in writing. If euch notice shall not be given to t6e Company at least two daye before t6e appearance dey in any euch litigation, or if euch insured eLall not, in writing, prompdy notify the Company of any defect, lien, encumbrance, or other matter inaured againet, or of any euch adveree claim which eLall come to the knowledge of ~auch inaured, in reepect to whicL losa or damage ie apprehended, then all liatility of the Company ea to eacL ina~red having auch knowledge e6a11~ cease and terminate; provided, however, that failure to eo notify the Company ehall in no caee prej• udice the claim oE any inaured unlesa the Company ehall be actually prejudiced by euch Eailure. The Com• pany eLall have the right to institute aud proeecute any action. or proceeding or do any other act which, iu ite opinion, may be neceaeary or deeirable to eetablish the title, or any ineured lien or charge, ae ineured. In all casee where thie policy permite or requirea t6e Cbmpany to prosecut~e or defend any action or proceeding, the ineured e6a11 eecure to it in writiag t6e right to eo prosecute or defead auch action or proceediag, ~aad all appeals therein, and permit it to use, st ita option, the aame of the insured Eor euch purpoee. W6enever requeeted by tLe Company the ineured ehall assist the Company in any euc6 actiou or~ proceediug, in eRecting eetHemen[, eecuring evi- dence, obtaining witneesee, proeecuting or defending suc6 action or proceeding, to euch eztent and in euch manner ae ie deemed deairable by the ~ Company, and t6e Compaay ~ ehall reimbune t6e ineured for any expense eo incurred. The Company e6a11 be eubrogated to and be entitled to ~ll coete and attorney~' fed in- STIPULATIONS curred or expended by the Compsny,~w6ich mey be recovereble by the. insurcd in any litigstion carried on by t6e Company on 6ehalE of the insured. T6e word "knowledge" in thie pangraph meane ectual knowledge,~ and doea not reter to conatructive knowL edge or notice which may be imputed to t6e ineured by the public recorde. 3. NOTICE OP LOSS. IIMITATION OF ACTION A etatement in writing ot any loee or damage for which it is claimed the Company ie liable under this policy s6a11 be furniahed to the Company within ei:ty daye etter euch loae or damage shall have been sacerained. No action or proceeding for t6e recovery of any euc6 loae or damage e6all be inatimted or meintained egainat the Compsny until after full compliance by t6e ineured with all the conditions impoeed on t6e insureJ by this policy, nor unlese commenced within twelve mont6s aiter receipt by tLe Company ot euch written ~qtement. •. OPTION TO ~AY, SETSIE, OR COM~ROMISE CLAIMS T6e Compenq reeerves the option to pay, setde, or compromise Eor, or in the mme oE, the ineured, sny claim iqaund sgainat or to pay t6ia policy in tull ~t any time, and payment or tender of payment oE the fu^ amount of thie policy, together with sll accrued coete which tLe Company ie obligated Lereunder to psy, s6a11 terminate all liability of the Company Lere- under, including all obligatione of the Compmy wit6 reapect to any litigation pmding md ~ubsequent coets thereoE. S. SU6ROGATION UION -AYMENT OR SETiIE• MENT Whenever~ the Compsny ahall Lave eettled a clsim undez thie policy, it e6all be eu6rogated to and be entitled to all righte, eecuritiee, and remediee whic6 t6e inaured would have had againet sny pereon or property iu reepect to euch cl~im, had thie policy not been ieeued. If t6e payment does not cover the loee of the inaured, t6e Company s6a4 be eubrogated to euc6 righte, eecnritiea, and remediee in the proyortion which said payment beare to the amount oI eaid loee. In either event the insured shall traneEer, or eauae to be tranaferred, to the Company euch rights, eecuritiee, and remedies, and shall permit tLe Compauy to ose the name of tLe inaured in any uanuction or ]itigatim involving such rig6d, securities, or remedia. 6. OPTION TO IAY INSURED OWNER OF IN- DE6TEDNE55 ANO 6ECOME OWNER OF SECURITY The Company Lae the right and option, in cue sn7 losa.ie claimed under thie policy by an inaured owner of an indebtedneae eecured by mortgage or deed of truet, to pay euch inaured t6e indebtednew of tLe mortgagor or truator under eaid mortgage or deed of truet, togetLer with all coeb which the Company is obligated hereunder to pay, in. which caee t6e Com- pany ehall become the owner of, and euch ineured ehall nt once seeign aud tranefer to tLe Company, said mortgage or deed o[ truet and t6e inde6tedneee tLere- by eewred, snd euch payment ehall terminate all liebility under thie policy to eucL imured. 7. PAYMENT OF LOSS AND COSTS OF LITIGATION. INDORSEMENT OF ~AYMENT ON ~OLICY The. Company will pay, in addition to any lae~ iqsured againet by thie policy, all coste imposed upon the in- eured in litigation carried on b~ the Comp~ny tor the ineured, and in Iitigstion urried on by the insured witL the written authoriaation of the Comp~n~, but not ~ other~riee. The liability of ~he Company under t6u policy e6a11 in ~m case e:ceed, in all, the actual loe~ of t6e ineured and coats which the Company is obiigated hereunder to pay, and ~ in no caee ehell eucL tonl liability ezceed t6e amount of thia policy and esid costa. All peymenta under t6ia policy ehall reduce t6e amount of tAe inaurance pro tanto, and payment of loas or damage to an inaured owner oE indebtedness ahall reduce, to that eztent, the liability of the Compsny to the ineured owner oE eaid land. No payment mey be demanded bq any ineured without producing t6is polity for indoreement oI auch payment. B. MANNER OF PAYMENT OF LOSS TO INSURED Losa under thie policy shall be payaEle, firat, to any ineured owner of indebtednesa eecurod by mortgage or deed of truet ahown in Schedule B, in order o( priorit~ t6erein e6own, and if euch ownerehip veete in more t6ao one, payment shall be made utably se their respective intereete may appear, and thereafter any loae ehall be payable to the other inaured, aod if more t6an one, then to auch inaured ratably as their reapec- tive intereeta may sppear. IE t6ero be no sucL ineured owner of~indebtedneee, any lose ehall be payable to the ineured, snd if ~more than one, to euch imured ntably aa t6eiz reapective intezests may eppear. 9. DEFINITION Of TERMS T6e following terms when ueed in t6ia policy mean: (a) "named ineured": the pereona and corpozations named rs inaured in Schedule A oi thia policy; (b) "t6e insured": euch named inaured together with (1) each succeesor in ownerehip of any indebtednese eecured by any mortgage or deed of ~truet ehoMn in Schedule B, the owner o[ which indebtedaees ii named herein aa an insured, (2) sny euch owner or eucceesor in ownerehip of any eucb indebtedneas who acquires the land deecribed in Schedule A or any part t6ereof, by lewful meane in eatiafaction oE eaid indebtednese or any part thereof, (3) any goveznmental egency or iuetzumentslity sequiring eaid ]snd, under an ineurance contract or guarmtee insuring or guar- anteeing eaid indebtedneea or sny part thereof, aod (4) any pereon or corporation deriving an estate or intereet in eaid~ laud aa an heir or devisee of a aamed ineured or by reaeon of the diaaolution, mergeq or conaolidation oE s corporate named insured; (c) "land": tLe land dencribed epeci6cslly or by referenee in Sc6edule A and improvemente all'ized thereto which by lsw conatitute real property; (d) "date^: t6e exact day, hour and minute speci6ed in the Hrot line of Schedule A(unlese the contezt clearly requiree s diHerent meaning) ;(e) "taxing agency°: the State end uch county, city and county, city and,dietrict in which said land or eome part thereof ie eituated that leviee uzes or aseesamenta on real property; (f) "Dublic recorda": thoae public recorde wLich, under the recording lawa, impart conatructive potice of mab tero relating to said lend. 10. WRITTEN INDORSEMENT REpUIRED TO CHANGE POIICY No proviaion or condition o[ tLie policy can be wsived or changed ezcept by writing indoroed hereon or ab tac6ed hereto eigned by ~tLe Preaident, a Vice Preei• dent, the Secretary, or an Aaeietmt Secretsry of the Company. 11. NOTICES, WHERE SENT All notices required to be given the Compaoy and any ehtement in writing required to be fumie6ed t6e Com- pany s6a11 be addreesed to it at the office wLich iesued thi~ polic~.