P-294
S,C,B,T,U. F.,ffi l-ll.SIl-IOlf . J. p, Form .
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CC JP
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CAPITAL AND SURPT,US $ ]3,500,000
WILLIAM H.ALLEN,JR"
STU..~;r~:;:~~VENY, TITLE INSURANCE BUn,DING
F"IRST ViCe:: PRESIDeNT
o. F. CLARK!
srem..v Los ANGELES
AInouDtijji4500.00 Number 1229819
t)oUC!, of m;ttlt ]JnfJurantt
~ttle )nf5urance anb ~tUf5t ((ompanp
a corporation, of Los Angeles, California, herein called the Company, for a valuable
consideration, paid for this Policy of Title Insurance,
1.90tf5 ~tttbp )n~Utt
CITY OF SANTA MONICA,
a municipal corporation,
together with any other person or corporation included in the term the Insured as defined in
this Policy, against loss or damage not exceeding Forty-five Hundred -----------
- - - - - - - - - - - - - - - - - - - - - - - dollars, which any Insured shall sustain by reason of title
to the land described in Schedule A being vested at the date hereof otherwise than as therein
stated, or by reason of unmarketability of the title of any vestee to or in said land on account
of defects, liens, encumbrances and other matters not shown in Schedule B, or by reason of
any defect in, or lien or encumbrance on said title, at the date hereof, other than defects,
liens, encumbrances and other matters shown in Schedule B, or by reason of any defect in
the execution of any mortgage or deed of trust securing an indebtedness the owner of which
is insured by this Policy, or by reason of priority thereto of any lien or encumbrance at the
date hereof except as shown in Schedule B, all subject, however, to the exceptions and con-
ditions hereto annexed, which exceptions and conditions together with Schedules A and B
are hereby made a part of this Policy.
IN WITNESS WHEREOF, Title Insurance and Trust Company has caused its cor-
porate name and seal to be hereunto affixed by its duly authorized officers, this
Thirtieth day of January 1931 at 8:30 A. M.
TITLE INSURANCE AND TRUST COMPANY,
By
This Policy consists of 5 pages which lire numbered at the end of each page. -1-
..1>~e 0'" #...:2.? ~
S,C,B.T.U, Form IA-I.31-5M . J.P.'Form .
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SCHEDULE A
1- The title to said land is at the date hereof vested in
HARRY L. MARKOWITZ and RUTH S. ]vIA RK OW I '+'Z ,
his wife, as joint tenants.
2. The land referred to in this Policy is described as follows:
The Northeasterly 25 feet of the Southwesterly
83.70 feet of that portion of the Rancho San Vicente
Y Santa Monica, in the City of Santa Monica, County
of Los Angeles, State of California, described as
follows:
Beginning at a point in the Southeasterly line
of Colorado Avenue (formerly Railroad Avenue) at a
point that would be intersected by the Southerly
prolongation of the Northerly line of Tenth Street,
thence Southerly along the Southeasterly line of
Colorado Avenue, 233.8 feet; thence South 440 45'
East parallel with said prolongation of Tenth Street,
172.4 feet, more or less, to a point in the North-
westerly line of the 30 foot strip conveyed to E. P.
Clark, by deed recorded in Book 2213 Page 244 of
Deeds; thence Northeasterly along said Northwesterly
line 235.9 feet, more or less, to a point in said
line of said 30 foot strip which bears South 440 45'
~ast from the point of beginning; thence North 440
-2- #' -2.7 ~
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SCHEDULE B
(continued)
45' West 140.4 feet, more or less, to the point of
beginning.
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S.C.B.T.U. Form IB-tl-30-10.\[ e 1. P:Form .
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SCHEDULE B
Defects, liens, encumbrances and other matters to which said land is subject in the order
of priority shown:
(l) Second installment of taxes of the fiscal
year 1930-1931, on this and other property, as
follows:
C1 ty , Sixty and 13/100 Dollars ($60.13).
Assessment 2/3146.
County, One Hundred Fifteen and 73/100 Dollars
($115. '7 3) . Assessment 576417.
(2) A reservation of a strip of land 20 feet
wide running through said land in a Southwesterly
direction upon which is situated a spur track connected
with the lines of the Southern Pacific Railroad
Company, as recited in the deed from B.A. Nebecker,
recorded in Book 1982 Page 9 of Deeds.
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S.C.B.T.U. Form lC-IO.30--10M . J. P. Form-LOi; An~eles County. .
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EXCEPTIONS
The Company does not, by this Policy, insure against:
1. Any facts which a correct survey and inspection of said land would show; water rights; mining claims; rights or claims
of parties in possession of any part of said land, easements, liens or encumbrances which are not shown by the official records of
(a) the County of Los Angeles; (b) the Federal Offices at Los Angeles; (c) any City in which, or adjacent to which, said land
is located,
2. Assessments, taxes or obligations levied or created for any public or district improvement or purpose, nnless at the date
hereof the amount of such assessment, tax or obligation has been fixed, is payable and is shown as a lien by the official records of
(a) the County of Los Angeles; or (b) any City in which said land is located,
3. Proceedings for municipal improvement, which, at the date hereof, are shown by the official records of any such city, but
have not resulted in imposition of a lien upon, or establisbment of an easement over, or adjudication of the right to a public use
of, said land or any part thereof.
4, Action by any governmental agency for the purpose of regulating occupancy or use of said land or any building or
structure thereon.
CONDITIONS
1, The term "the Insured" includes all named as insured on the first page of this Policy and as to each insured owner of an
indebtedness secured by mortgage or deed of trust shown in Sehedule B, each successor in ownership of such indebtedness and any
owner thereof, who acquires said land, or any part thereof, by foreclosure, trustee's sale, or other legal manner in satisfaction of said
indebtedness, or any part thereof; and as to each other named Insured, if a person, any person or corporation deriving an estate
or interest in said land as heir or devisee of such person, or if a corporation, any person or corporation deriving an estate or interest
in said land by dissolution, merger or consolidation,
2, The Company at its own cost shall defend the Insured in all actions or proceedings commenced against the Insured
founded upon a defect, lien or encumbrance insured against by this Policy and may pursue such litigation ,to final determination
in the court of last resort. In case any such action or proceeding shall be begun, or in case knowledge shall come to any Insured
of any claim of title or interest adverse to the title as insured, or which might cause loss or damage for which the Company shall
or may be liable by virtu6 of this Policy, such Insured shall at once notify the Company thereof in writing. IT such notice shall not
be given to the Company at least five days before the appearance day in any such action or proceeding, or if such Insured shall not,
in writing, promptly notify the Company of any defect, lien or encumbrance insured against or any such adverse claim which shall
come to the knowledge of such Insured, in respect to which loss or damage is apprehended, then all liability of the Company as
to each Insured having such notice in regard to the subject of such action, proceeding or claim shall cease and terminate, provided,
however, that failure to so notify shall in no case prejudice the claim of any Insured unless the Company shall be actually
prejudiced by such failure, In all cases where this Policy pennits or requires the Company to prosecute or defend any action or
proceeding, the Insured shall secure to it the right to so prosecute or defend such action or proceeding, and all appeals therein,
and pennit it to use, at its option, the name of the Insured for such purpose. The word "knowledge" in this paragraph means
actual knowledge and does not refer to constructive knowledge or notice which may be imputed to the Insured by resson of any
public record or otherwise.
3. The Company reserves the option to pay, settle or compromise for or in the name of the Insured, any claim insured
against or to pay this Policy in full, and payment or tender of payment of the full amount of this Policy together with all costs
which the Company is obligated hereunder to pay shall tenninate all liability of the Company hereunder.
4- Whenever the Company shall have settled a claim under this Policy, it shall he subrogated to aud be entitled to all rights,
securities and remedies which the Insured would have had against any person or property in respect to such claim, had this Policy
not been issued, and the Insured shall transfer or cause to be transferred to the Company such rights, securities and remedies, and
permit it to use the name of the Insured for the recovery, retention or defense thereof. If the payment does not cover the loss
of the Insured, the Company shall be subrogated to such rights, securities and remedies in the proportion which said payment bears
to the amount of said loss,
5, Tbe Company has the right and option, in case any loss is claimed under this Policy by an Insured owner of an indebted.
ness secured by mortgage or deed of trust, to pay such Insured the entire indebtedness of the mortgagor or trustor under said
mortgage or deed of trust, together with all costs which the Company is obligated hereunder to pay, in which case the Company
shall become the owner of, and such Insured shall at once assign and transfer to the Company said mortgage or deed of trust and
the indebtedness thereby secured and such payment shall terminate all liability under this Policy to such Insured,
6. A statement in writing of any loss or damage for which it is claimed tbe Company is liable under this Policy. shall be
furnished to the Company within sixty days after such loss or damage shall have been ascertained, No action or proceeding for
the recovery of any such loss or damage shall be instituted or maintained until after full compliance by the Insured with all the
conditions imposed on the Insured by this Policy nor uuless commenced within twelve months after receipt by the Company of
such written statement,
7. The Company will pay, in addition to any loss insured against by this Policy, all costs imposed upon the Insured in
litigation carried on' by the Company for the Insured, and in litigation carried on by the Insured with the written authorization of
the Company but not otherwise, The Company will not be liable for loss or damage by reason of defects, claims or encumbrances
created subsequent to the date hereof or resulting in no pecuniary loss to the Insured, or for defects, claims or encumbrances
created or suffered by the Insured claiming such loss or damage, or existing at the date of this Policy and known to the Insured
claiming such loss or damage either at the date of this Policy or at the date such Insured claimant acquired an estate or interest
insured by this Policy, The liability of the Company under this Policy shall in no case exceed in all the actual loss of the Insured
and costs which the Company is obligated hereunder to pay and in no case shall such total liability exceed the amount of this Policy
and said costs. All payments under this Policy shall reduce the amount of the insurance pro tanto and payment of loss or damage
to an Insured owner of indebtedness shall reduce to that extent the liability of the Company to the Insured owner of said land. No
payment can be demanded by any Insured without producing this Policy for endorsement of such payment.
8, Loss under this Policy shall be payable, first, to any Insured owner of indebtedness secured by mortgage or deed of trUst
shown in Schedule B, in the order of priority therein shown, and if such ownership vests in more than one, payment shall be made
ratably as their respective interests ,may appear, and thereafter, or if there be no such Insured owner of indebtedness, any loss
shall be payable to the other Insured, ratably as their respective interests may appear.
9. No provision or condition of this Policy can be waived or changed except by writing endorsed hereon or attached hereto
signed by the President, a Vice-President, the Secretary or an Assistant Secretary of the Company,
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1 RESOLUTION ACCEPTING GRAl\1'I' DEED FROM HARRY L. MARKOWITZ
2 I AND RUTH S. MARKOWITZ, HUSBAND AND WIFE.
3 ..........
4 THE CITY COUNCIL OF THE CITY OF SANTA MONICA HEREBY RESOLVES:
5 That the annexed Grant Deed from HARRY L. N~OWITZ and RUTH
S. NUffiKOWITZ, husband and wife, of -
6
The Northeasterly 25 feet of the southwesterly
7 83.70 feet of that portion of the Rancho San Vicente
8 Y Santa Monica, in the City of Santa Monica, county
of Los Angeles, State of California, described as
follows:
9
10 Beginning at a point in the Southeasterly line of
Colorado Avenue (formerly Railroad Avenue( at a
11 point that would be intersected by the Southerly
prolongation of the Northerly line of Tenth Street,
12 thence Southerly along the Southeasterly ling of
Colorado Avenue, 233.8 feet; thence South 44 45'
13 East parellel with said prolongation of Tenth Street,
172.4 feet, more or less, to a point in the North-
Ii westerly line of the 30 foot strip conveyed to E. P.
., 14 Clark, by deed recorded in Book 2213 Page 244 of
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Li: ~ ~ 15 Deeds; thence northeasterly along said northwesterly
.. 0 '" line 235.9 feet, more or less, to a point in sa6d
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00::'0 line of said 30 foot strip which bears South 44 45'
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a: 0 ;: East from the point of beginning; thence North 440
~ Q (/J 45' West 140.4 feet, more or less, to the point of'
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0 be, and the same hereby is accepted.
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19 IT IS FURTHER RESOLVED:
20 That the Commissioner of Public Safety, as ex-officio Mayor,
21 ~nd the Commissioner of Public Works, be and they hereby are
authorized and instruoted to execute the annexed Acceptance of
22 Deed, and that the Commissioner of Finance, as ex-officio City
Clerk of the City of Santa Monica, be and he hereby is authorized
23 and instructed to attest the same and affix the Seal of the City
of Santa Monica thereto.
24 Adopted: February 4th , 1931.
25 ~
26 Comm SS oner of Finance,
27 ex-officio City Clerk,
ex-officio Clerk of the City
28 Council of the City of Santa
Monica.
29
30 .
31
32
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(
1 STATE OF CALIFORNIA, )
(SS.
2 COUNTY OF LOS AlmELES. )
:3 I, F. A. HELTON, hereby oertify that I am Commissioner of
4 Finanoe, ex-offioioCity Clerk of the City of Santa Monioajthat
5 the foregoing is a full, true and oorreot copy of Resolution
6 adopted by the said City Council at a regular meeting of said
7 Council held February 4th , 1~31.
8
9 SUbsorib~nd sworn to before W~
10 ~ot~
11
A
ry ubI c in and for said
12 County and State.
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"O~;' ... aOM- ..00-'" PRIN'WOR" . . -- .
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~rant 1!\ttb
Ht3.RY L 'MARKO-ITZ and RU'I'H S MARKOiTrZ.
husb2.nd :;,n1 wif'e-
in consideration of...ou.ou..ou..'::::.:::...~.~E.__~~.i..!::~/~g.?.:.:::::-.:::-:-.:::::.::..........................................DOLLARS,
to.....~J.1I'Ir, ......ou.in hand paid, receipt of which is hereby acknowledged, do................. .....................hereby
~rant to CITY elF S XNTii I,iCE eL, 0. Eunidp'll Corporation
the real property in the.............ou...?~.~.''f....?t...:.(::~~.'.:..~!.o.:!.~.~!!:~..............................ou......m...m...............,"..............
County oLm...~.!....::~.~..;;.':.~~E................. ......., State of California, described as
(.l?he Nor't;heasterly tS.'Jenty-L'i-v"'e (25) fe'~t of the Sout;h-
westerly 3ighty-thro3 fend seventy hundrocjths (8:'.70) feet
of that port:L::,n of th;') Rr:ltlcho Si::tn Vi~E:'r:..t'~ y :~i8.nt[\. :!:JTonica,,.
Lr.. :;r:(, cit.,~ ;t;.n"::"';~ on.., '10U~1+Y cF' Lc:~, les, It;a" e
of Caliror~ a, describ0~ Pollows:-
~Dginnin;~ B.t print in+~lL; ~j()U.LI1C().:: orly' linc of'
ColoI':J.do "F'~VCll'L';, (f'or-rncrly R::',tilroad !J.t ~l. point -L-'r'~:;f-
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line. ('~. 1,1:",;ntY. ~~,~r(;c:t; l~}v:~nce ~"outt'3rl:r 9,10n,~ the
liu0 ,--:,f G!~'lt,:" do 'cvcrr.::c, t,\tO rm,r.;,rlred tl:j,'1~t\r-thre9 '::t~!1 0i~;ht
Len~~.J:c, (2=37.3) thclV,C"'; ~'\"'.lt:h _T'arf.~'J-f'o;J~' (4.:"1.0) degrees'
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minutes I) '(1St p!'l1.11e1'Tith,said prolongation
oJ' T8n-!~h street, one h'mndrod seventy-t'rtO ~1.nd four tonths
(17;:;.-t) ~-:setJ~u';l".e. 0.... less, D,. poin~ in tn0 Northwesterl;z line of
~~~) 1>~~~::-;;;1~' r~~~:~;<~~':~d:~:~7 '!f~~~;-~~l;,~~~:~~~~:~ ~:::~::~~~;:~~ 9)
i feet. [',cY"; or }/'8'1, "0 ~ ]Y~int in eid line '.1.' 8D.i::1 30 foot
" '-"r\ .,.1.--.-'i ,..1-- ".-v_\;;:, ,--" C ",L~... "....-10 !~ >;:-t -;;',.,.....-1- '...-,._ -1-~, .' r-. '=:'
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deed recorded in book 1982 page 9 of deeds.
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1 -: ACCEPTANCE OF DEED :-
2
3 The annexed Deed is hereby aooepted this ~~,day of
4 February, 1931.
5 THE CITY OF SANTA MONICA,
a municipal oorporation,
6
7 By
8
9
10
ATTEST:
11 oo~~Jrin.no.,
12
ex-officio City Clerk,
13 ex-officio Clerk of the City
II! Counoil of the City of Santa Monica.
., 14
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1 STATE OF CALIFORNIA, )
(SS.
2 COUNTY OF LOS ANGELES. )
:3 On this +~ day ot February, 1931, before me, ORLA1~O H.
4 RHODES, a Notary Public in and for the County of Los Angeles,
5 State of California, residing therein, duly commissioned and
6 sworn, personally appeared H.MICHEL, known to me to be the
7 Commissioner of Public Safety, ex-officio Mayor of the City of
8 Santa Monica, a municipal corporation, and JOHN A. MORTON, known
9 to me to be the Commissioner of Public Works of said City, whose
10 names are subscribed to the foregoing Acceptance ot Deed, and
11 they acknowledged to me that they executed the same on behalf of
12 the said City of Santa Monica, pursuant to a Resolution duly
13 adopted by the City Council of said City, and on said -'1* day
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., of February, 1931, personally appeared before me, F. A. HELTON,
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ii: ~ ~ 15 known to me to be the Commissioner ot Finance, ex-officio City
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..i i ::E 16 Clerk and eX-Officio Clerk of the City Council of said City of
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~ j J 17 Santa Monica, and he acImow.; edged to me that he attested said
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0 Acceptance and affixed the Seal of the City of Santa Monica
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19 thereto.
20 IN WITNESS WHEREOF, I have hereunto set my hand and
21 affixed my Orticial Seal the day and year in this instrument
22 first above written.
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25 Notary Public in and for said County and State.
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