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1 CLAYTON STRAUB .. i'Kf)/01Q f?fG?f
5901 \</est Thi;;.'d St. f,. 77.4 I . '.. ......~1...................
2 Las Angeles 30, Calif. . 'I: .',:, .
WEbster 0-1181 '
3
Attorney for Petitioner
4
5
. 6 ijt~,'.'....'.
(/Y'.
. 7
8 IN THE SUPERIOR COURT OF THE STATE OF CALIFORN1A
9 IN AND FOR THE COUNTY OF LOS ANGELES
10
11 In the Matter of the Estate and )
12 Guardianship of CATHERINE LEONE ) No. .276,207
13 EBERTS, also known as KAY LEONE ) GUARDIAN'S DEED
14 EBERTS, )
15 Incompetent. )
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161
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171 ELEANOR L. EBERTS, as guardian of theper$on and estate
18 II of CATHERINE LEONE EBERTS, also known as KAY LEONE EBERTS, an
1911 incompetent person, pursuant to order approving compromise and
20 i directing guardian to convey real property to the City Of Santa
21 I rIJonica, heretofore filed vJith the Clerk of the Superior Court of
221 the State of California, in and for the County of Los Angeles,
23 Ii in the matter of the Estate and Guardianship of CATHERINE LEONE
24 II EBERTS, also known as KAY LEONE EBERTS, an incompetent person,
II
25/1 in consideration of the sum of $80,000.00, in cash, receipt of
26 II which is hereby acknm~ledged, does hereby grant, and convey to the
2711 City of Santa Monica, a mt).nicipal corporation, all of the right,
II
28 I title and interest of saidCA'rHERINE LEONE EBERTS, also lmown as
29 I KAY J~EONE EBERrrs, an incompetent person, in and to the real property
30 in the City of Santa Nonica, ~o.unty of IDS ..Q.ngeles, State of
.. . .. .... .
31 calif~~n~~, de~cribed :as fOlloi'J~:. ~ .
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FORMI~
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BKDI019pc935
1 Lots l7, 18, 19 and 20 of the South Santa Nonica
2 Wharf Property, as per map recorded in Book 26,
3 Page 56, Miscellaneous Records of said Cdunty
4 Excepting from said Lots 17, 18, and 19 that
5 part deeded to the Los Angeles Pacific Company, by
6 deed recorded in Book 2703, page 167 of Deeds,
7 described as follows:
I
8 ,I Commencing at the South corner of said Lot 19;
II
911 thence Northwest along the Southwest line of Lots I
10 I l7, 18 and lC), 129.70 feet to the West corner of
11 Lot l7; thence Northeast 3.95 feet along the North-
12 west line of said Lot 17; thence Southeast 129.8
13 feet to a point in the Southeast line of said
14 Lot 19, said point being also the most West corner
15 of the 100 foot reserved strip formerly of the
16 Southern California Railway; thence Southwest 9.69
17 feet to the beginning. Also excepting that portion
18 of I~t 17 conveyed to the City of Santa Nonica for
19 ::treet purposes, (being a strip of .land 2 feet in
20 width, being parallel with the Southeasterly line of
21 Strand Street and lying along the Northwesterly line
22 of Lot 17), by deed recorded in Book 6088, Page 257
23 of Deeds.
24 reserving unto said CATHERINE LEONE EBERTS, also known as KAY
25 LEONE EBERTS, an incompetent person, and to her guardianship
26 e s ta t e , all oil and mineral rights 500 feet below the surface of
27 said property, without the right of surface entry; subject to taxes
28 for the fiscal year 1960-6l, and subject to all conditions,
29 restrictions, reservations, easements and/or rights of way of record.
30 To have and to hold the above described property with the
31 appurtenances unto said City of Santa Monica, a municipal corpo-
32 !I ration, its successors and assigns forever.
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FORM lZ It e
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BkOlO79PG936
1 IN WITNESS WHEREOF, this instrument is executed this
2 24th day of December, 1960.
3
4
5
. 6 Guardian of the estate of Catherine Leone
Eberts, alSo known as Kay Leone Eberts,
7 an incompetent person.
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23 II
2411
251
261
27
28
29
30
31 ..-
32
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FORM.12 Ii
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1 I STATE OF CALIFORNIA 1 ss: BkD 1 o 79rc931
21 COUNTY OF LOS ANGELES
3 I
4 On this 24th day of ,December in the year 1960, .before me
5 CLAYTON STRAUB, a Notary Public, personally appeared ELEANOR L.
, 6 EBERTS, known to me to be the person whose name is subscribed to the
7 within instrument and acknowledge that she executed the same.
8 WITNESS my hand and official seal.
9
10
11
12
13
14 . ,'ll;",
15
16
17
18
19
20
21
22
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23 I
24
25
26
27
26
29
30 I
31
32
I
:,It, "'._.........i
'~ 'i>>'<;"~
>....i.._
:(.. .'t;..,.L
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USOL1D1O!1JO. au ~ (Ies)
(eft'! COWOXL.81BI.U)
AalSOE/mON .. ~. at,", COUNCIL or.. (g;'.I'f
OJ' i~ _teA AU2S0iUZlllQ ftI fl.J1l.CllASB"
CBR7A1J$ ,aO'IItTY AQ mue'ItNtJ 1111 elft.....
0Elt TO DO .ALL mDll$ dCUSAltY " ~.
SAID ~IE.
.. THE ClftCOUNCtL 0'1 m CIft or SAN'l'A PlOtaCA. DOU DSOLlI AS fOI..I..OWS:
"
) SICTXON 1. '!'he City JCanapr iahereby autbQt'1.ed to
f'orthW1 th purobaBe trom.the estate of' lay Leone EMtts,P
incompetent person, through herprdian, Eleanor L.ill>ert...
the :realp1'Ope1'tl hereinaf'te~ deiJex-lbed tol'the PI''!-,'',. ot
$80,000.00, "8e"ins \I1'1to the ~tOI' the _lienl ripta below
500 teet without the right ot Burface acceaa, andautho:r;olzlne
oocupancy of' the prendaea 'by .t1\e ~antoror her gwa,rdIan at the
rate of $35..00 per month, wi ththe P1"OV180that tl'le PHm1tUll$. be
vacated upon receipt of' 15 da;Y.iwrItten notice of' the 0.1t1*.
intention to rem.ove the buildings prluJently loqated on the
premiaes. Said pt"O,.rty 18 d..cribedu f'olloW81
Lots 17, 18, 19, a~ 20, South 'ant.. Monica
Wharf' Property, as Mcordlid in look 26, .p&~
56, of Miscellaneous Ree-ords, 1n'heott1ce
otthe County Recorder ot Los Angelea Coun'y.
SECTION 2. !be 01 ty-Manager lsiNItructedtOdO ",11
things necessary to ef'tect_te. the tranarex-or the abov...deaer1l>$d
property, and upon tM acq\lisition of' the dee4 to 8a1d pvoperty,
to record the same.
SEC'l'ION 3. fte 01 ty Clerk ahall certify to the adoptIon
of this resoluti<:>n, and theneet<:>rth and thereattei" the SaM shall
be in full torce and effect.
AOOP'rlm and APPROVEl). tlU$ 27th da:y ot S.Pt..~.l' ,
1960.
ATTEST: ~..
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\"'..)/1,-/'.,,
Cit1/0terk:
or
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I,.8~ oenity tbat the toregQ:1nc ".ol.tlOJ1".~
adopted l)y tbe Oi ty Counoil ot .beOl ty of' SMta .meaat a
r.gular ..tin,. tn.nof', ite14 on the ~it" -1 of'
Sept.lIbel:' # 1960}> by. the ..following voteot ..'..Counoil:
AUSt aounoilmen~ Bohn, Dropnick, Frantz,
McCarthy, Minter. ~ill.
, .U.t Councilmen: None
AB$m~'1' : Councilmen: Thornbury
/C)<7 . .7
/~~rd
" C1 . Clerk
Approved ae ,t~ 1"0" this /j
22 day of' Sept _# 1960.
~, G. C~S
Ci~Y' Attorney
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541 9~58 tJif: 'J rr '. /
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Or{ AIToRk-:t't
Title Insurance and Trust Company JAN 5 1SCl
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FOUNDED 1893 .i.A;.." AlC:./C4
433 SOUTH SPRING STREET. LOS ANGELES 54
MADISON 6-2411
W, HERBERT ALLEN ERNESTJ,LOEBBECKE
CHAIRMAN OF THE BOARD PRESIDENT
January 4, 1961
In reply please
refer to Es crow
No. 5422147 FJL
CITY OF SANTA MONICA
Ofn ce of the Ci t;y Attorney
City Hall
Santa Monica, California
Attn: Mr. Robert D. Ogle,
Assistant City Attorney
Re: Escrow witr~leanor L. Eberts, Guardian
Gentlemen:
In connection with the above numbered escrow, we enclose
original poHcy of title insurance, in the amount of
$80,000.00, dated as of January 3, 1961.
If we may be of any fu.rther send, ce to you, please do not
hesitate to call upon us.
Yours very truly,
FREDERICK J. WRD,
Escrow Officer
FJL: ss
Encl.
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1012 4.60
California Land Title Association
Standard Coverage Policy Form
Copyright 1960 Fee $
POLICY OF TITLE INSURANCE
ISSUED BY · 1&0:::/7 21j ((- ')
TITLE INSURANCE AND TRUST
COMPANY _~~J
OF LOS ANGELES
Title Insurance and Trust Company, a corporation, of Los Angeles, California, herein called the
Company, for a valuable consideration paid for this policy, the number, the effective date, and
amount of which are shown in Schedule A, does hereby insure the parties named as Insured in
Schedule A, the heirs, devisees, personal representatives of such Insured, or if a corporation, its suc-
cessors by dissolution, merger or consolidation, against direct loss or damage not exceeding the
amount stated in Schedule A, together with costs, attorneys' fees and expenses which the Company
may be obligated to pay as provided in the Conditions and Stipulations hereof, which the Insured
shall sustain by reason of:
1. Any defect in or lien or encumbrance on the title to the estate or interest covered
hereby in the land described or referred to in Schedule C, existing at the date
hereof, not shown or referred to in Schedule B or excluded from coverage in
Schedule B or in the Conditions and Stipulations; or
2. Unmarketability of such title; or
3. Any defect in the execution of any mortgage or deed of trust shown in Schedule B
securing an indebtedness, the owner of which is named as an Insured in this
policy, but only insofar as such defect affects the lien or charge of such mortgage
or deed of trust upon the estate or interest covered hereby; or
4. Priority, at the date hereof, over any such mortgage or deed of trust, of any
encumbrance upon such estate or interest, except as shown in Schedule B, such
mortgage or deed of trust being there shown in the order of its priority;
all subject, however, to the Conditions and Stipulations hereto annexed, which Conditions and
Stipulations, together with Schedules A, Band C, 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 ~~.{"'~ENT
Attest J4~
MVS
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J012A,B 4-60
California Land Title Association
Standard Coverage Policy Form SCHEDULE A
Copyrig hI 1960
Effective
Amount $80,000.00 Date January 3, 1961, at 8 a.m Policy No. 5422147
INSURED
CITY OF SANTA MONICA, a municipal corporation.
1. Title to the estate or interest covered by this policy at the date hereof is vested in:
CITY OF SANTA MONICA, a municipal corporation.
2. The es:tJate or interest in the land described or referred to in Schedule C covered by this policy is
a fee.
SCHEDULE B
This policy does not insure against loss or damage by reason of the following:
PART I
1. Taxes or assessments which are not shown as existing liens by the records of any taxing authority that
levies taxes or assessments on real property or by the public records.
2.. Any facts, rights, interests, or claims which are not shown by the public records but which could be
ascertained by an inspection of said land or by making inquiry of persons in possession thereof.
3. Easements, claims of easement or encumbrances which are not shown by the public records.
4. Discrepancies, conflicts in boundary lines, shortage in area, encroachments or any other facts which a
correct survey would disclose.
5. Unpatented mining claims; reservations or exceptions in patents or in Acts authorizing the issuance
thereof; water rights, claims or tide to water.
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10126 Cont. 4,60
California land Title Association
Standard Coverage Policy Form SCHEDULE B - (Continued)
Copyrig nt. 1960
PART II
1. General and special county and city taxes for the fiscal year, 1960-1961,
amount $931.39, which includes personal property tax of E. Eberts, amounting
to $12.56. First Installment $466.97, plus penalty in the amount of $28.00.
0
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I012e., 9,56
California land Title Association SCHEDULE C
Standard 'Coverage Policy Form
Copyright 1950
The land referred to in this policy is situated in the county of Los Angeles, state of California,
and is described as follows:
Lots 17 to 20 inclusive of the South Santa Monica Wharf Property, in the
city of Santa Monica, county of Los Angeles, state of California, as per
map recorded in book 26 page 56 of Miscellaneous Records, in the office
of the county recorder of said county.
EXCEPrING from said Lots, 17, 18, and 19, that :part deeded to the Los
Angeles Pacific Company by deed recorded in book 2703 page 167 of reeds,
described as follows:
Commencing at the South corner of said Lot 19; thence Northwest along the
Southwest line of Lots 17, 18 and 19, 129.70 feet to the West corner of
Lot 17; thence Northeast 3.95 feet along the Northwest line of said Lot 17;
thence Southeast 129.8 feet to a point in the Southeast line of said Lot
19, said point being also the most West corner of the 100 foot reserved
strip formerly of the Southern California Railway; thence Southwest 9.69
feet to the beginning.
ALSO EXCEPrING that portion of Lot 17 conveyed to the City of Santa Monica
for street purposes, (being a strip of land 2 feet in width, being para-
llel with the Southeasterly line of Strand Street and lying along the
Northwesterly line of Lot 17), by deed recorded in book 6088 page 257 of
reeds.
ALSO EXCEPrING all oil and mineral rights 500 feet below the surface of
said property, without the right of surface entry, as reserved by Catherine
Leone Eberts, also known as Kay Leone Eberts, an incompetent person, and
her guardianship estate by deed recorded January 3, 1961-
.
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SOUTH SANTA /10NICfI WHARF
PROPERTY
L OT.f /7 To 33
BOOK 26 PAGE 56 OF fV//SC.REC
/
0"/
THIS IS NOT A SURVEY OF THE LAND BUT IS COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORDS.
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10120 4,60 . eONDITIONS AND STIPULA TIONS. .
Calff~rnia land Title Association
Standard Coverage Policy Form (Includes those in the
Copyright 1 ~60
American Title Association-Owner's Additional Coverage Policy)
1. DEFINITION OF TERMS (d) In all cases where this policy permits or reo ness secured by a mortgage or deed of trust shown in
The following terms when used in this policy mean: quires the Company to pr0gecute or provide for the Schedule B unless such Insured acquires title to said
(a) "land": the land described, specifically or by defense of any action or proceeding, the Insured shall land in satisfaction of said indebtedness or any part
reference, in Schedule C and improvements affixed secure to it the right to so prosecute or provide de- thereof.
thereto which by law constitute real property; fense in such action or proceeding, and all appeals
(b) "public records": those records which impart therein. and permit it to use, at its option, the Dame 8. COINSURANCE AND APPORTIONMENT
constructive notice of matters relating to said land; of the Insured for such purpose. Whenever requested (a) In the event that a partial loss occurs after
(c) "knowledge": actual knowledge, not construc- by the Company the Insured shall give the Company an alteration or improvement subsequent to the date
tive knowledge or notice which may be imputed to the all assistance in any such action or proceeding, in of this policy, and only in that event, the Insured
Insured by reason of any public records; effecting settlement, securing evidence, obtaining wit- becomes a coinsurer to the extent hereinafter set forth.
(d) "date": the effective date; and nesses, or prosecuting or defending such action or
(e) "the insured": if a named Insured is the owner proceeding, and the Company shall reimburse the If the cost of the alteration or improvement ex-
of the indebtedness secured by a mortgage or deed of Insured for any expense so incurred. ceeds twenty per centum of the amount of this policy,
trust shown in Schedule B, then, in addition to the such proportion only of any partial loss established
parties named as Insured or referred to as "the In- 4. NOTICE OF LOSS- LIMITATION OF ACTION shall he borne by the Company as one hundred twenty
sured" herein, "the Insured" shall include (1) each per centum of the amount of this policy hears to the
successor in ownership of such indebtedness, (2) any In addition to the notices required under paragraph sum of the amount of this policy and the amount
such owner or successor in ownership of any such 3(h), a statement in writing of any loss or damage for expended for the alteration or improvement. The fore-
indebtedness who acquires the land described in which it is claimed the Company is liable under this going provisions shall not apply to costs and attor-
Schedule C or any part thereof, by lawful means in policy shall be furnished to the Company within sixty neys' fees incurred by the Company in prosecuting or
satisfaction of said indebtedness or any part thereof, days after such loss or damage shall have been deter- providing for the defense of actions or proceedings in
and (3) any governmental agency or instrumentality mined and no right of action shall accrue to the behalf of the Insured pursuant to the terms of this
acquiring said land under an insurance contract or Insured under this policy until thirty days after such policy or to costs imposed on the Insured in such
guarantee insuring or guaranteeing said indebtedness statement shall have been furnished, and no recovery actions or proceedings, and shall not apply to losses
or any part thereof. shall be had by the Insured under this policy unless which do not exceed, in the aggregate, an amount
2. EXCLUSIONS FROM THE COVERAGE OF THIS action shall be commenced thereon within one year equal to one per centum of the face amount of this
after expiration of said thirty day period. Failure to policy.
POLICY furnish such statement of loss or damage, or to com- Provided, however, that the foregoing coinsurance
This policy does not insure against loss or damage mence such action within the time hereinbefore speci- provisions shall not apply to any loss if, at the time
by reason of the following: fied, shall be a conclusive bar against maintenance by of the, occurrence of such ]oss, the then value of the
(a) Any law, ordinance or governmental regulation the Insured of any action under this policy. premises, as so improved, does not exceed the amount
(including but not limited to building and zoning of this policy, and provided further that the foregoing
ordinances) restricting, regulating or prohibiting the 5. OPTION TO PAY, SETTLE OR COMPROMISE coinsurance provisions shall not apply to an insured
occupancy, use or enjoyment of the land. or the char- CLAIMS owner of an indebtedness secured by a mortgage or
acler, dimensions or location of any improvement now (a) The Company re~erves the option to pay. set. deed of trust shown in Schedule B prior to acquisition
or hereafter erected on said land, or prohibiting a of title to said land in satisfaction of said indebted-
reduction in the dimen~ions, area or separation in tIe or compromise for or in the name of the Insured, ness or any part thereof.
ownership, of any lot or parcel of land. any claim insureq against or to pay the full amount of (b) If the land described or referred to in Sched-
(b) Governmental rig~ts of police power or emi- this policy and ,ueh payment or tender of payment, ule C is divisible into separate and noncontiguous
nent domain unless notice of judicial action to exer. together with all accrued costs which the Company is parcels, or if contiguous and such parcels are not
cise such rights appears in tbe public records at the obligated hereunder to pay, shall terminate all liability used as one single site, and a loss is established affect-
date hereof. of the Company hereunder.
(c) Title to any property beyond the lines of the (b) In case loss is claimed under this policy by ing one or more of said parcels hut not all, the 10!!1I'
shall be computed and settled on a pro rata basis as
premises expressly described in Schedule C, or title to an insured owner of an indebtedness secured by a if the face amount of this policy was divided pro
streets, roads, avenues, lanes or ways on which such mortgage or deed of trust the Company at its option
premises abut, or the right to maintain therein vaults, may pay such Insured an amount equal to such in. rata as to the value on the date of this policy of each
tunnels, ramps or any other structure or improvement, dehtedness, together with all costs which the Company separate independent parcel to the whole, exclusive
or any rights or easements therein unless this policy is obligated hereunder to pay. in which case the of any improvements made subsequent to the date of
specifically provides that such property, rights or ease- Insured shall assign and transfer to the Company said this policy, unless a liability or value has otherwise
ments are insured, except that if the premises abut mortgage or deed of trust and the indebtedness se- been agreed upon as to each such parcel by the Com-
upon a physically Open .'ltrcct or highway this policy pany and the Insured at the time of the issuance of
insures the ordinary rights of abutting owners for cured thereby, and such payment shall terminate all this policy and shown by an express statement herein
acceu thereto unless restricted by governmental regu- liability of the Company hereunder as to such Insured. or by an endorsement attached hereto.
lations or otherwise excepted or excluded herein. 6. PAYMENT OF LOSS
(d) Defects, liens, encumbrances, adverse claims 9. SUBROGATION UPON PAYMENT OR
against the title as insured or other matters (1) cre- (a) The liability of the Company under this SETTLEMENT
ated, suffered, assumed or agreed to by the Insured, or policy shall in no case exceed, in all, the direct I0>8S Whenever the Company shall have settled a claim
(2) known to the Insured either at the date of this of the Insured and costs and attorneys' fees which under this policy, all right of subrogation shall vest in
policy or at the date such Insured acquired an estate the Company may he obligated here~nder to pay. the Company unaffected by any act of the Insured,
or interest insured by this policy and not shown by (b) The Company will pay, in addition to any loss
the public records, unless disclosure thereof in writing insured against by this policy, all costs imposed upon and it shall be subrogated to and be entitled to all
by the Insured shall have been made to the Company the Insured in litigation carried on by the Company rights amI remedies which the Insured would have had
prior to the date of this policy. or (3) resulting in no for the Insured, and all costs and attorneys' fees in against any person or property in respect to such
direct loss to the Insured, or (4) attaching or created litigation carried on by the Insured with the written claim had this policy not been issued. If the payment
subsequent to the date hereof. does not cover the loss of the Insured. the Company
(e) Loss or damage which would not have heen authorization of the Company. shalf be subrogated to such rights and remedies in the
sustained if the Insured were a bona fide purchaser or (c) No claim for damages shall arise or be main. proportion which said payment bears to the amount of
encumbrancer for yalue. tainable under this policy (1) if the Company, after said loss. If loss should result from any act of the
having received notice of an alleged defect, lien or Insured, such act shall not void this policy, but the
3. DEF~NSE AND PROSECUTION OF ACTIONS- encumbrance not excepted or excluded herein removes Company, in that event. shall be required to pay only
NOTICE OF CLAIM TO BE GIVEN 8Y THE such defect, lien or encumbrance within a reasonable that part of any losses insured against hereunder
INSURED time after receipt of such notice, or (2) for liability which shall exceed the amount, if any, lost to the
(a) The Company, at its own cost and without voluntarily assumed by the Insured in settling any Company by reason of the impairment of the right of
claim or suit without written consent of the Company,
undue delay, shall provide for the defense of the or (3) in the event the title is rejected as unmarket- subrogation. The Insured, if requested by the Com-
Insured in all litigation consisting of actions or pro_ able because of a defect, lien or encumbrance Dot pany, shall transfer to the Company all rights and
ceedings commenced against the Insured, which litiga- excepted or excluded in this policy, until there has remedies against any persc.n or property necessary in
tion is founded upon a defect, lien or encumbrance order to perfect such right of subrogation, and shall
insured against by this policy, and may pursue such been a final determination by a court of competent permit the Company to use the name of the Insured
litigation to final determination in the court of last jurisdiction sustaining such rejection. in any transaction or litigation involving such rights
resort. (d) AU payments under this policy, ex.cept pay. or remedies.
(b) In case any such action or proceeding shall ments made for costs, attorneys' fees and expenses,
be begun. or in case knowledge shall come to the shall reduce the amount of the insurance pro tanto 10. POLICY ENTIRE CONTRACT
Insured of any claim of title or interest adverse to the" and no payment shall be made without producing this All actions or proceedings against the Company
title as insured, or which might cause loss or damage policy for endorsement of such payment unless the
for which the Company shall or may be liable by policy be lost or destroyed, in which case proof of must be based on. the provisions of this policy. Any
virtue of this policy, or in the event the title is such loss or destruction shall be furnished to the other action or actions or rights of action that the
rejected as unmarketable by one who has leased or has satisfaction of the Company j provided, however, if Insured may have or may bring against the Company
contracted to purchase, lease or lend money on the the owner of an indebtedness secured by a mortgage shall be deemed to have merged in this policy and tu
land described in Schedule C hereof, the Insured or deed of trust shown in Schedule B is an Insured be restricted to its terms and conditions.
shall at once notify the Company thereof in writing. herein then such payments shall not reduce pro tanto No provisiO'n or condition of this policy can be
If such notice shall not be given to the Company the amount of the insurance afforded hereunder as to waived or changed except by writing endorsed hereon
such Insured, except to the extent that such payments or attached hereto signed by the President, a Vice
within ten days of the receipt of process or pleadings reduce the amount o-f the indebtedness secured by President, the Secretary) an Assistant Secretary or
or if the Insured shall not, in writing, promptly notify such mortgage or deed of trust_ other validating officer of the Company. The Company
the Company of any defect, lien or encumbrance in-
sured against which shall come to the knowledge of (e) When liability has heen definitely fixed in may take any appropriate action under the terms of
the Insured, or if the Insured shall not, in writing, accordance with the conditions of this policy tbe loss this policy whether or not it shall be liable there-
promptly notify the Company of any such rejection by or damage shall be payable within thirty days there~ under and shall not thereby concede liability or waive
reason of claimed unmarketabi1ity oE the tide, then all after. any provil!lion of this policy.
liability of the Company in regard to the subject mat_ 7. LIABILITY NONCUMULATIVE 11. NOTICES, WHERE SENT
ter of such action, proceeding or matter shall cease
and terminate j provided, however, that failure to It is expressly understood that the amount of this All notices required to be given the Company and
notify shall in no case prejudice the claim of any policy is reduced by any amount the Company ma, any statement in writing required to be furnished the
Insured unless the Company shall be actually preju- pay under any policy insuring the validity or priority Company shall be addressed to it at the office which
diced by such failure and then only to the extent of of any mortgage or deed of trust shown or referred to issued this policy.
such prejudice. in Schedule B hereo~ or any mortgage or deed of trust
(c) The Company shall have the right at its own hereafter executed by the Insured which is a charge 12, THE FEE SPECIFIED ON THE FACE OF THIS
cost to institute and prosecute any action or proceed- or lien on the land described or referred to in Sched- POLICY IS THE TOTAL FEE FOR TITLE SEARCH
ing or do any other act which in its opinion may be ule C. The provisions of this paragraph numbered 7 AND EXAMINATION AND FOR TITLE
necessary or desirable to establish the title as insured. shall not apply to an Insured owner of an indebted- INSURANCE
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COU,NTY,Q,F LOS ANGELES
DEPARTMENT OF AUDITOR-CONTROLLER WILLIAM H. BARBOUR, JR.
CHIEF DEPUTY
153 HALL OF ADMINISTRATION
J,R,PASSARELLA,CHIEF
LOS ANGELES 12. CALIFORNIA TAX DIVISION
1 r\ MADISON 5.3611
ROSCOE HOLLINGER
AUDITOR-CONTROLLER March 31. 1961
Attn: Nicholas Bertrand
Tax Cancellations
~$ c6~j
City of Santa Monica '. .' ,~/(
City Hall
Santa Monica, California
Attention: K. o. Grubb,
City Clerk
Re: Lots 17, 18, 19 and 20 of the South Santa
Monica Wharf Property. Book D-I079, Pages 934,
935 and 936. Property acquired from Catherine
Leone Eberts, also known as Kay Leone Eberts.
Dear Sir:
Pursuant to your letter of February 2, 1961 and
upon order of the Honorable Board of Supervisors dated
March 14, 1961 taxes were cancelled, according to
Section 4986 of the Revenue and Taxation Code by our
Authorization No. 50485.
Very truly yours,
ROSCOE HOLLINGER, AUDITOR-CONTROLLER
....) :J /)
BY>>/\" 1t!L.~~, ,tU..L~
J. R. Passarella, Chief
Tax Division
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