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P-143 . e . Res M4J'~ ~CJ) . ~-6~/'f3 ('(S' CONTRACT ------.-- THIS CONTRACT, entered into this day of . lQ11, by and between the CITY OF SANTA MONICA, a municipal corpor~ ation, hereinafter referred to as IIC1tyll, and fIl'W.ZII 0........ tin J]II - .10:..1.11...... ~iIIIW~l. . MI hereinafter referred to as "Seller", WIT N E SSE T H : WHEREAS, the parties have agreed to enter into a con- tract for the sale and purchase of that certain real property herein. after described for public purposes; NOW, THS~\ORE, in consideration of their mutual cov- enants the parties agree as follows: 1. Seller agrees to sell to City and City agrees to buy from Sellel" that certain real property des~ribed as follows: .., ........." ~ Q, II.. A., ::-rJ'..., ...... ....JllI.. .. .._.~ ..'... ., "'1- lf11ln_ _Illll'.. .. ".... ,', _........, .......'H...., '....... ..toU.".. 11,1". .. ... ..... -.. .,..~ ... ,. ......_...." .... ._~.,_ U_ MY Lee '* till ,......._ ..... ..naor. ..... .,......-ra.-_...... I,. of ... LOt, . ..... or.. '... to . ..... ..... ,-,'1'"", ...<~ lIMe..:: . ,~, sa .. .......ldt..-:.-.r:J... ,.tII,=:':"ox, 11:1 ~._ .....'....,_....rtlf .. "'......'.....-'tJJ"'* ....... -:~.,..l4,..., . ' .,' ,_ tit I.. ,.., .. .. . . ., ......D1ii pe.ed ~j'~j , e . .e . " 2~ As consideration for said real property inoluding land and improvements, City agrees to pay to Seller the sum of $-.. - . 3. The consideration herein set forth shall be paid to Seller within ten days after City has received at its expense a policy of title insurance showing title to s~id property vested in the City of Santa Monica, a municipal corporation, free and clear of all liens, encumbrances, assessments, easements and2ases (recorded andlor unrecorded), and taxes, except covenants, conditionE restrictions and reservations Of record, if any. 4. City agrees to pay all escrow, partial reconveyance, and recording fees incurred in this transaction, including documentary stamp tax, if required. 5. Any or all moneys payable under this contract, up to and including the total amount of unpaid principal and interest on note(s) secured by mortgage(s), or deed(s), of trust, if any, together with penalty (if any) for payment in full in advance of maturity, shall, upon demand(s) be made payable to the mortgagee(s) or beneficiary(s), entitled thereunder; said mortgage(s) or beneficiary(s) to furnish Seller with good and sufficient receipt showing said moneys credited against the indebtedness secured by snid mortgage(s) or deed(s) of trust. 6. City agrees at its expense to adjust any existing underground utilities which may be disturbed by the widening and to adjust any presently existing sprinkler system. 7. City agrees at its expense to re.install any existing curb, gutter and sidewalk at the time the street improvement is made and to re-install any existing driveway with Portland cement concrete of the same or of the City's minimum standard width, whichever is greater, and if necessary, to adjust the driveway on Seller's premises to meet the new sidewalk grade for a reasonable 2. e . e. . -, distance from the new property line~ as determined by the City Engineer and Superintendent of streets. 8. Where necessary~ City agrees at its expense to slope the ground at the new property line to meet the new sidewalk grade. Said slope shall not be flatter than 2 to 1. City shall have the right to enter upon Seller's remaining property to perform any necessary work. 9. This contract shall be binding upon and shall inure to the benefit of the successors and assigns of the parties. 10. Seller shall execute a grant deed to the real property described in paragraph I hereof at the time of the execution of this contract. IN WITNESS WHEREOF~ the parties hereto have caused this contract to be executed the day and year first above written. CITY OF SANTA MONICA~ a municipal corporation AT~~ ~ b~~~~/ Y iila age Ci tx e ' A taU.~. __ .CQLOIIIJ) ..... ........ ... fII 1M A'" .~~~.~ c /LC~ a,V~~ t::rt~ ~r. ' ~!j- 02 7 3. , e .e. . . . . . i l .. 81]a~54050 PAGE 79 MlOLVttON 10. 1.724 DUD R08. 143...l44 cca (errY COUI01t aRIIS) A RU~ fit '1"BI Clift' COUIIIL 01 _ CrIY or ... ,llCUCA &lft'BOilDlIO !'.HI ACqQSrnal 01 'lit ruCl1A rJI JlU!Il'ft' f(I\ !II ~. or ftJJIID10 J'OU1tft .~ D fS C1ft' .. ,1AlIfA JIOIICA.. ~, -.. ct.-, counc11 ftafi .,.totoN 8'M1'IIId.NHt .. Id4.f~ ~tftle'tbl tba cs.", ot 8M_ MotU.., ~1:'17 ot' Itoc Bcml.~J ..... ~.. ,.. ba" .... Wds--. tbeNtw; Del ~,.. ~1ft8 ApIlt baa lleeI1 neco't...~ .tor .. ~,~1rI' of tu lWCUt_1"7 pl'"OJIIl'\J' to .ft..... Mf.d wt.cIlIDlnsJ. U4 WDl\us. I'uroba.~ 4Iftt ..pom tUt '. baa -- p1Jt.e4_cot1at1ou M fat ~ 0' .. ., tbt ~ paI'Oela. U&il WI1'IIUI. 1a....ts.on. W1tb .u........ lt 11 ...... .., to eIIDO'Qt8 .. acn~.l... with t1'>>paaton ftlAaUYtt 'kJ .t~ 1 04, ...... i , '~ '.-..._.... CIW ~n.. _ .. tIft fJtI IAftI. raatA..>>C8118 . .....t t' , ~. 1. !he. 01\7 ..... t.a he.....,.a~ to ~tb)lUl'Obue .tr. ....,.Dif.UI.caBL CQUJBD~ ,', UucoaL C1IUMB ., LOa ..... ~ ..-1. ftal propu._ bel'e1l1- after~"''' __" ".00, 111.'....'" a~. .. Ion.._ ...., JIOI'tIla of to, 23, ... 1. Waft8'1'Ut ~; ........ _ ,......... ltl aok 18, Iage lJ9" .,. ....1... I 18......... 10.. ott1M of .. ....,. of .Loa '-1M CrNat7, dM01'1Mc1 '8 hllAllDl ~Idas at tu =at ~Jl'1, GOner of 18.t4 :Lot 1 ISI ___ .'''..17 81-. 1M ~"lr lJ.. fd ...... lA, to .. .... ..."IV .... tbneot'; , '"HI''' _~ rfL tM ......ter1J' U. ,.1: .U tot . ~ ., 6. ...., ., . pout, ~. ~, SA 11 ~ 1" ... . Mlat P .. ~-1F 1_ .t AU ~ .t,...... 8.07 ,., ~ ...... a10D1 b .......1)' l_et'.uLet, __.., ...,J:f..... of .u,Ln, *.. ~17" alOftl tht......t- :'1_ d 8814 Lft$8 ~ ., I.Of ""to .' ' " "~---.,," , , I .,. \\\\ I ',t . , t 8Cnt.'ll 2. Dw C1tr _..... 18 beNbJ' p~ to ~. ,......,.. IARDLCA8JJi~I' tiDt _rtata.-.1 ~'l ...~ ...,.bM M:- .. priM of .1,'*.00, aM ~-, b ..l'l11ed .. f'oUowaa ifba. pAt~u. or ~ '& E.ook 1, ,L'tita ""1 .. ,.. .. ...... ill Book I rt:. III of ...~ ~. t.a .. ~." ~ ~ 1.q AaplQ aovnt;r' ..~.. t011-.. lect.mlbal .t tl'8 .at. ~lt:'~ of aid J;..ot '. ... ~_lt aJ.eftc .......lJ' l1Ae .. -.14 lA, _ __.. . _terlJ" 001.... ~ROtI ~ ~teJ'l1r' 61-. tbe ~~ 1_ of A.ld ~. ...... of 15.89 :r., to a po J ~ ..........1J' m a ~t It.H He & 1:1Id ta the ~1J U.M of .14 Lot tbat Ultent 1$.24 ,., .........11' ~ a1CmI A.t4 ~WrlJ' lthe, ". .. ~ ......1' ..... of a!A Lot 3J ~ -~_ d'-arU tl&'ll'tb.'lMate..1v line 0' 11&14 1Dt . dS4taDoe" of 18.. r., to tb8 Pamt ot ~. a;.aonmJ 3. !be Pl's... abOD In _~ 1. ami 2 aboW aN ... ~ val.. of -14 ,....1.. IIC'fUIf 4. t!Ia 01" _.... Q .\db')~ to a- _lat817 .. Sn NCI'W .. ~ all w~'t. "-.17 ~ 'SMlua.. ......toft ~ _.VaotB ..'MIl be__.tbJ: ~ tm4 .. '01_ ., ..... ~ ~ ... Dttr ....." at 1. ~, .. ,.-..u, ." eai8tt.n; ...... pt...-, aldaa1k .. *1.....,.. GftIQI 5. ......"" ClAnk Pan ael'\u, to .. ......08 .,.tb1a -.lat&R.. ....tw'tb ... ~ .. .... tMU .. t.a tv.U "... ...".... AIOftD ... AI.... 't4da a'- 4_ or F.....,. L " ~.J _l" 1.';':'-':' , <<"'"II ' . ...'.. . .. - -..... /./ ,ifF ,;~., .,,\", ,lit_ .d ,."" i; " '. ~ ,i~'",,-~/: ,,': -, ' . :/ ,'}'~r:.'\ :: ,I:.....~ _t....,......., .....l'*loft.. dUll' '-_<"_;;l;'-::_,,~'~<"'<"-,',',--":~'~,"~:,':',t;i~~':k<,:.,,,'-'-"--:;-- ,,- "" _,':',_'-,_,,--,:- - _', __', -'-':><,,'-, -,-" , ',,:?:' ":i .I"~"_f" ct._ "'U..ot."'""" __ ..... .. a '.-. . - BeTX. a. lftw Cl'" ..... 11 MNW 'au~ to t4wUMlth ~,ftw ~ CAa~ .,. ..1'ta1a Na1 ~I'tr ~,... 6Hw1be4 ,.. tbe ~ 0' .1,400,,00'1 M14 .....'t 1a -..fIllMJd .. tollowal !U.t ~ of ~'. S100k ;111,... !fU:t" .. pi. _~ 1ftJOGkc.. JlQe of.....l.~ ~J 1ft trb8 Oftlce of \be lbICordfto fd 1.08 Anp1u tOUR_ _..nM4 .. .f811"& . I BIg~ at .. _t ......,.,.,. ~ot aH :t..o\ 3, .... ~..17 ~ '*- _....~1,.11De: ot _14 Lot to the ..t __~ oo~....-.otJ tb8ftce ~tel"lJ' $1.0ftS tbe ~"':b' 1m. of aat.d ~ a ..-.. .t 15..89 IMt to . pout, ~ ~...te.1J' in .. catIeotU,_ tG a "tat ill the M~~ line of u2JJ 14t tMt 18 eluteDt 18.24 r.t ~"1J ......4 ~ A14 ~teI'lJ" U...,'" .. ~ ~1J .... ., .-14 Lot 3.1 ~ -~..41.1" Ml4 ~_I"lJ' line,.' _14 Lot a d~ 01 11,,24 teet to .. foli'lt 0.' ~. acn<>>r 3. ''l'bft pt.Ma ahoIm. In ~'tor&e 1 aM a .... .,. .. ~ va1_ 01 ea14 .....U.. Deft. 4. I'M 01\1 ...... u .~ '- a- 1IkUa_1r .... in ~ _ ..,. all 1:natraDelltG ...aU'J71 'tMl1111. the .....1oa ., oat:ftt.eta ., eM 'bItwin tbt gnm,tcn U4 .. Ct." __ ~ ~.. ct.......... at'la......... - ..' . '.- .." _.~ -- to ~ ....~' ..... p-.., at..:uc ......l~. aft1. J." ft.. Olea'..u ~U'I to the ~ ." tbU ...J.1I.t4a .'....tonb _.~.. __ .-u .. fA !'taU .... ..."..". " . ,...."" , ~,_ A.ftIOVD tIIWI _ or n , (I! " " >i,c.i{,<'." '" ,,' " II ,.. , ":"".' .. ,_ ' '. .C,,' _".'" _,'".,',.__ 'C . . --_~,-~<_<:<~,;,:_';:~': :,'T'_'~> ,:///;:-<'''''''::~~.:~':--/'h-; F'-, -,'''_ :_: .- ~; "- -',' -, "..:.,,,.,,U",,,:,...,',,,,' >"':',::"'_ : ,','~;':__,_~'~_'," '--_' ..--' :.--~",;, -:""<, ",-, ' _ ,'.' :-' - J r ;-;' <- ""'>::{:':---': "'..,:' .'..': :,: --~~~,:~~::_~\'~~'< "'-',_." :"".:' '-;' .- -"- -: '" ' ':,';\';< ".1..... ~ ..... ~ YftOlutiotl_ \tUlJ ..,'~~,t}::;~':'&i:--~,:,'~::-;:"__ ,_ '", _ ,', ::;, ", ',,_ ,'-'. _ '",. _ "_'-.. -:.;-~, ....I'tir.. ."tv c....., fit, ._. ., ... ... a'. euoii54050 rAff 81 j ..... ....." .14... ~'" a6$ .,.of r I' .' 1111, __ tM toUWf.as .... fit tbt CoUDOU, .."IIllld.J_, ....j,o,.JlWt. :::.-:a *0.__ "'11.., __., . . ". - _.- . .... ..-.,n.'''AI ... .'It'. . ~ . "., ":, ' , :, . . J . I . C 'A';> wi. . - _'SPACE ABOVE THIS LINE FOR RECORDER'S USE . . - - eaoil540IiO. PAfE ,78 -.:r R E..s. N" !' 17). f/(cqJ PLAt I\;TAMPS IN THIS SPACE '@ lib ~-~"-- ()-ru' Al6 ;'1-3 Corporation Gran Deed :;...-" Affix J. R. S. s._.......~~i____... 398A 10-54 THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, PHILLIP'S CHAPEL COLORED METHODIST EPISCOPAL CHURCH OF LOS P~GELES. a corporation organized under the laws of the slate of California hereby GRANTS 10 CITY OF SANTA MONICA, a municipal corporation the following described real property in the state of California, county of Los Angeles ~ That portion of Lot 23, Block A. Wavecrest Traot, as per map recorded in Book 18, Page 49. of Miscellaneous Records in theofrics of the Recorder of Los Angeles County. described as fo llows: Beginning at the most southerly corner of said Lot 23; thence northwesterly along the southwesterly line of s!dd Lot to the most westerly corner thereot; thence northeasterly along the northwesterly line of said Lot a distance of 6.42 feet to a point; thence southeasterly. in a direct line. to a point in the southeasterly line of said Lot that is distant 8.07 feet northeasterly. measured along the south- easterly line of said Lot. from the most southerly corner of said Lot; thence south- westerly. along the southe~Bterly line of said Lot. a distanoe ot 8.07 feet to the Point of Beginning. "",.,.,188.. 11// // 1///1///(/1111/ 1/ 111/1/1/ 11//1 In ijttne" Whereof, Hid ,~".,,';o. b~ "."" .. '7,Z"" .,m, "d m" ,. b, .ffi,'" b~,o ,.d ::::::;::,u :,:' :~::.=~~it~~i;;~r~:CCLC~~STEPiS'OPALCjjjiiRCii,lfjfl/ Dated:.....__~r.~h-...2....J.~.Rlu....mm.AN.GELES.. a corpg~o21 ~ ~ Trustee ... STATE OF CALIFORNIA ~~'~"~~"'....mm...m.m'''i::::: . r., COUNIT OF ss. :~~;o ...~,Iy'~,: .. :~..:.::,..::m.~r.~:.::::~:~:~7...'..:::..'::':..:::':.........______., By t" .......rF uu '" .. .u.............m..m...r~##1 It before me~ the undersigned, a Notary Public in and for said County and State, personally appeared . ................................. ................... ..-.. ........................--....... ___, known to me to be the....... ...............mh.....President, and . ..........................-......... ...-.........--. ......nn... __un...h..... .........., known to me to he them ................. uu.........Secretary of . the corporation that ex~uled 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 DO~o.____~_~~_ ~ within instrument pursuant to its by.laws or a resolution of its hoard of directors. WITNESS my hand and official seal. RECORDED AT BEQUEST or .,.J TITLE INSURANCE & TRUST CO. (Seal) .... "".___..m........m"",,, m...m..m"""",." .... ."".....mm..__' \ .}J ~bhR~ PUBLIC J _, 1 i MAR 28 1957 AT 8A.M. ~ j WHEN RECORDED MAIL '(0 eoax54050 PAl:[ 78 t~ .u..u~.~t.;'[__~!....~~t.!l....rl()!.~'?~___u__....u.....___.u..___.. ,", '00'" ,QJ:liY.JJ.aU..,....Ma.iu._S:b.rs.e.t__....u______... m'" OFFICIAL RECORDS ,oot~~l~:::i;i~;=\ -- RA Y E. LEE, RECORDER it? d LOS ANGELES COUNTY, CALIF. / 'f . ~ u ~ OJ Z Z ~ 00 ~ 0 ~ -( ___ 0 ~ tiL;J z ~~;}j = ~ -< ~ ~ rJ1~ ~k: : ~ 0 fool; i:~ ::! ~ ~ 1"\' ~~~:~ Eo< e~r.>ZOz= >-l '-l ~ ... ~~E=:Q ~t.Jj>lZ;>t~fool~~m:::5< :i~> ~ ~ ~~~~~t~i~~'~~~~888~~~~~~ ~ ~ _ Oi:l1 ~....::::J.... == Olll Z cI:l ;::J rl'\ Q 0 8 i;'j U i:l is ~ t;j 0 ~ 8.... U..r Z:;;:j .,,.:- i5 ~ 0 ~ lJI.J ;t!: :< 0 i;; U ~ ~ u ~ ~ ~ 0 ~ ~ ~.. ~ ~ u ~ u ~ Z < u ~a ~~ ~~=< es~ ~~ ~~ ~~ ;~ [;j~ ~~ ~ ~~ ~~ ~~:5 ~~ 5~ 00 m&i Q:lc; ~~ ~~ ~ =: ~ ..... ~:: [000 = _ -( z.... -( .a::..., ~ ::e ~ ~~ ~a o~ o~ i:::;=t Z8 j!:3 <S e=~ ~t.J r~' 00 '~.' -~'~ ~a .--'~ ~'~' Vj",,~, -.""'t; ~"~ -.; > ~ .. ~ = =~ z ~ ~ z_ <~ ~ 0 ., ~ """ 0 eo-~ 1.0 M N..( = U'1 E-o 0 0 ~.., Z t-M l"""'1 0 CfJ.t'- 3 e'\1 III ~ = ~ --." ""!-: ~ ~ ~ ~ ~ , Z Q ~ ~ Or.....' U ~ ~ ~~ Z Z es ,~~ <~ ~ ~Q ~ ~,~r<l", ;.I0oI co U .3 .", ~ ~::;:r:' o ~QOOJ~'" O ~ E- 00 Z ,,' ~ 0 E ~ Z<f...)~r<len ~~~ ~~8~~ ~< l ~ 00~:::J5 ~~ ~ ~ ~ O~ Q ~ = ~ U 5 ~ ~ ~ Q ~ ~ ~ >-""., ~ U I"""""' [l o Z Z ~ ~ -< ~ ~ :< ~ ~~r<l", ~ ;.I0oI ~ cou.3 Q ~ ........ b.l ....., ,', Q ~ ~ ia ooQO~~~ 8 ~zU'~o~ ~ ~< ~~en z ~ t:..-~;:!!~ "l ~ <.l 0 - 0: r~' rl'\" ::: re ~ ~ ~J - en ~ ;J 0: ~ = g ~ t:..- en ~ ~ ~ ~ ~ ~ U ~ OJ Z ~ ~ co -< o:a < -<....-l O...:l...:l z N Po": Ill:: '~ 0 z ~~ < - >om:: ::J f'/'4.: ~rn[f fi:.;: -< ~ o~;~<;:! ~ = JIIIIIIIIf = ~ ~ rg,,::2 roo ~ 00 >< ~ ~ ~ z: ::;] ~ ~ ~ ~ ~ ~ ~ ~~ ~ ~ ~ ~,..~ ~ ~ 8 g 8 ~ ~ ~ ~ ~ ~ 0 - 0 ~ z.. ;:J..... 0 0::: -Of/l - Z f.fl '-I ;:J " 00 Q 8:i u'~ S ~ ~ 0 ~ (..)~"' w.tJ' ~;1l -< tf 5; 0 ~ ~ZU ~otiU~~Ut;~~o~~t~tlU~US ~ < . ~.~ ~ ~ ~ ~ 5 ~ es s ~ ~ ~ 0 ~ : ~ '~~ ~ ~ ......... ",,,,,,,,'"I>::. ..-;.,"' -., ...<.,=.,,,,,- _ ~ ~ "'" ~ ~ ~~ ei <:l1l ~ ~ ~ 0 Cf) VJ ~o 1 ~ Eo-< ~ _ ~ '~~,... = - ., Z -:s '" - ..-; '" r~" r" IJ.. ~ ~:;l ~ ~ 0 t .z ~ :;j 8 .3 i:l ~ t;j ~ ~ ~ ~ .... \.I A ~ .3 is < t.J 0 'Oi!' r.n.~ ~ z ~ e= i-< ., """l ~ 0= :..... Z ~ \Xl ~;; -< fa. '::fl ~ ~ ~ ..... ~ rt:~ ~ ~r.nr-if1~ ~ ~ t:...... fI/4,/IIIi 0\""'- 'I::t' ~ r- W ..... ~ t:""""" ~ ~ ('00 \0 :s ~ t:..- '" 1 e ~ ~ ~:i.o;""' . . . . . . , STATE OF CALIFORNIA ( COUN'rY OF ._.........._........,..........~.!L.@~~.l~.fJ..................m............} 88. " 0 On......_.......~.r:Qbm.Q........l~.Q_7...m..............................m.........._........... ~ .. l:l before me, the undersigned, a Notary Public in and for eo said County and State, personally appearedJ;..t~r.~.J!......... 0 8 .c9..~1!.9.!h.,_~.9:._.9_@ll?J?J~.11~..Y{U.li ~,...R.111.~.r.~...., \ ... '" .,;, , k(*"t#t~QqJH~llr.-..i...ILgg.Q.t\~N#vM ... ~ ~~:d~~.k!?......JlL...!~.PJ.~...tLlID.Q,...JY..Q.~...._.....m',;'" known to me to be the......:J:.r.U1I:t.!3.e.tl............../lJIJII of '" tlJ.e C<:m>oration tlJ.at executed the within Instrument, known tq me to be ,the penlOlls who executed the within Instrument -.o~ J:je\}a}f of,U1e Corporation th!lrein named, and ackpowl- e , ~c:I" to rfte,thl!.t such Corporabon executed the withm In- stI'uplent ,plill$uant to its by-laws or a resolution of its board of,qirectors. ' ~T~ES~' ~Y: ~i ._' ._...tR/:l..:....,.................u......................... c in and for said County and State. -- j . . . . . ~ 1012 9-56 . (:'it> California land Title Association Stanclcnd Coverage Policy Form - Copyright 1950 Fee $.zr 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: 1. Title to the land described in Schedule C 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, Band C 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 ~~~"::mENT Attest ~~-~~;r. SECRETARY l jr . . . . . . 1012A-B 9-56 California Land Tille Anoelalion SCHEDULE A Standard Coverave Polley Form Copyrighl 1950 Amount $425.00 Date Ma.rch 28~ 1957, Policy No. 4737254 at 8 a..m. INSURED CITY OF SANTA MONICA, a. municipal corporation. The title to said land is, at the date hereof, vested in: CITY OF SANTA MONICA, a municipal corporation. 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 the :first page 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. 5. 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. .. .... . . . 101l2B Coni. 9-56 California Land Tille Auoeialion SCHEDULE B-(Continued) Standard Coverage Policy form Copyrighl1950 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: 1. General and special county and city taxes for the fiscal ye8,r 1957 -l958, a lien not yet payable. 2. Second installment general and special county and city ta.xes for the fiscal year 1956-1957 ~ amount $42. 4l. Title Company has a.~8e. Us this tax f1cure I .OY.~. all of Lot 23 1a Blo.k n A' J ------ ~_.._-- . . .' e. . . . . , Ol2C 9-56 California land Title A.ssociation SCHEDULE C Standard Coverage Policy Form Copyrighl1950 The land referred to in this policy is situated in the county of Los Angeles, state of California, and is described as follows: That portion of lot 23, block A, Wavecrest Tract, in the city of Santa Monica, county of Los Angeles, state of California, as per map recorded in book l8~ page 49 of Miscellaneous Records, in the office of the recorder of Los Angeles county) described as follows: Beginning at the most southerly corner of said lot 23; thence northwesterly along the southwesterly line of said lot to the most westerly corner thereof; thence northeasterly along the northwesterly line of said lot a distance of 6.42 feet to a point; thence southeasterly, in a direct line, to a. point in the southeasterly line of said lot that is distant 8.07 feet northeasterly, measured along the southeasterly line of said lot, from the most southerly corner of said lot; thence south- westerly, along the southeasterly line of said lot, a distance of 8.07 feet to the Point of Beginning. . . e - . 1012D 9-56 California land Title Association S T I P U LA T I 0 N S Standard Coverage Policy form Copyright 1950 1. SCOPE OF COVERAGE curred or expended by the Company, which may be otherwise. The liability of the Company under this recoverable by the insured in any litigation carried policy shall in no case exceed, in all, the actual loss This policy does not insure against, and the Company on by the Company on behalf of the insured. The of the insured and costs which the Company is obligated will not be liable for loss or damage created by or word "knowledge" in this paragraph means actual hereunder to pay, and in no case shall such total arising out of any of the following: (a) defects, liens, knowledge, and does not refer to constructive know}. liability exceed the amount of this policy and said daim9, encumbrances, or other matters which result in edge or nutice 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; (cJ defects, Hens, 3. NOTICE OF LOSS. LIMITATION OF ACTION reduce, to that extent, the liability of the Company to encumbrances, or other matters created or suffered by the insured owner of said land. No payment may the insured claiming such 10s8 or damage; or (d) A statement in writing of any loss or damage for which be demanded by any insured without producing this defects, liens, claims, encumbrances, or other matters it is claimed the Company is liable under this policy policy for indorsement of such payment. existing at the date of this policy and known to the shall be furnished to the Company within sixty days insured claiming such los!'! or damage, either at the after such loss or damage shall have been ascertained. 8. MANNER OF PAYMENT OF LOSS TO INSURED date of this policy or at the date such insured claim- No action or proceeding for the recovery of any such ant acquired an estate or interest insured by this 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 hy mortgage or matter 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 this 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 as their rights or defenses of the Company against a named written statement. respective interests may appear, and thereafter any insured shall be equally available against any person loss shall be payable to the other insured, and if more or corporation who shall become an insured hereunder 4. OPTION TO PAY, SETTLE, OR COMPROMISE than one, then to such insured ratably as their respec- as successor of such named insured. CLAIMS tive interests may appear. If there be no such insured The Company reserves 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 as their respective interests may appear. OR CLAIMS TO 8E GIVEN 8Y THE INSURED claim insured 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 costs 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 corporations injunctions interposed against a foreclosure or sale of under, including aU obligat,ions of the Company with named as insured in Schedule A of this policy; (b) said land in satisfaction of any indebtedness, the respect 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 any indebtedness 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 5. SUBROGATION UPON PAYMENT OR SETTLE- Schedule B, the owner of which indebtedness i. pursue such litigation to final determination in the ME NT named herein as an in!'!ured, -(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 indebtedness who become known ,~o any insured, or in case knowledge acquires the land described in Schedule C or any shall come to any insured of any claim of title or under this policy, it shall be subrogated to and be pal1; thereof, by lawful means in satisfaction of said interest which is adverse to the title as insured Of entitled to all rights, securities, and remedies which indebtedness or any part thereof, (3) any governmental which might cause loss or damage for which the the in9ured would have had against any person or agency or instrumentality acquiring said land under Company shall or may be liable by virtue of this property in respect to such claim, had this policy not an insurance contract or guarantee insuring or guar- policy, such insured shall notify the Company thereof heen issued. If the payment does not cover the loss anteeing said indebtedness or any part thereof, and in writing. If such notice shall not he ,given to the of the insured, the Company shall be subrogated to (4) any person or corporation deriving an estate or Company at least two days before the appearance day such rights, securities, and remedies in the proportion interest in said land as an heir or devisee of a named in any such litigation, or if such insured shall not, in which said payment bears to the amount of said loss. insared or by reason of the dissolution, merger, or In either event the insured shall transfer, Of cause to writing, pNmptly notify the Company of any defect, be transferred, to the Company such rights, securities, consolidation of a corporate named insured; (cJ lien, encumbrance, or other matter insured against, or "land": the land described specifically or by reference of any such adverse claim which shall come .to the and remedies, and shall permit the Company to use in Schedule C and improvements affixed thereto which knowledge of such insured, in r.espect to which loss the name of the insured in any transaction or litigation by law constitute real property; (d) "date": the or damage is apprehended, then all liability of the involving such rights, securities, or remedies. exact day, hour and minute specified in the first line Company as to each insured having such knowledge PAY INSURED OWNER OF IN- of Schedule A (unless the context clearly requires a shall cease and terminate; provided, however, tbat 6. OPTION TO different meaning); (e) "taxing agency": the State failure to so notify the Company shall in no case prej. DEBTEDNESS AND BECOME OWNER OF SECURITY and each county, city and county, city and district udice the claim of any insured unless the Company The Company has the right and option, in case any in which said land or some part thereof is situated that shall be actually prejudiced by such failure. The Com- loss is claimed under this policy by an insured owner levies taxes or assessments on real property; (f) 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 necessary or desirable to mortgagor or trustor under said mortgage or deed of ters relating to said land. estahlish the title, or any insured Hen 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- 10. WRITTEN INDORSEMENT REQUIRED TO requires the Company to prosecute or defend any pany shall become the owner of, and such insured CHANGE POLICY action or proceeding, the insured shall secure to it in shall at once assign and transfer to the Company, said 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 Prelli- purpose. Whenever requested by the Company the dent, . the Secretary, or an Assistant Secretary of the insured shall a!'!si!'!t 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 loss insured manner as is deemed desirable by the Company, and against by this 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 aurcd in litigation carried. on by the Company for the statement in writing required to be furnished the Com- expense 80 incurred. The Company shall be subrogated immred, and in litigation carried on by the insured pany shall be addressed to it at the office which issued to and he entitled to all costs and attorneys' fees in. with the written authorization of the Company, hut not this policy. ,. e. . ' ... . > WRVE ell E. 5 T T~RCT H,~c. tf's-C"_ /8-4S. BLOCK A. 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