P-296
~ S.C,B,T,U. Form 1-2.31-10M f J, P. ~orm .
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CABLE ADDREstuTITLE TRUST"
CAPITAL AND SURPLUS $13.500,000
WILLIA~E:~;D~~~ENJ ..JR,} TITLE INSURANCE BUILDING
STUART O'ME:LVENY,
rlRST VICE: PRESIOENT
O.P.CLARK,
SECRETARY Los ANGELES
$ 4500.00 No. 1248853
~Olit!, of m:itle 3Jnsu t ante
m:itlt 3lnsurantt anb m:rust (!Companp
a corporation, of Los Angeles, California, herein called the Company, for a valuable
consideration, paid for this Policy of Title Insurance,
:mOts ~trtbp 3lusUrt
CITY OF SAIfIA 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- fi ve 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 encumbIance at the date hereof except as shown in Schedule B, all subject, however, to the exceptions
and conditions hereto annexed, which exceptions and conditions together with Schedules A and Bare
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, this
Eleventh day of June 1931 at 8~OO A. M9
TITLE INSURANCE AND TRUST COMPANY,
By
This policy consists of 5 pages which are numbered at the end of each page, -1-
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S,C,B,T,U, Form IA-2.31-.10M . J. .1'. Form .
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SCHEDULE A
J. The title to said land is at the date hereof vested iu.
HARRY L. IvlAIiKOWITZ and HUTH S. MAP-KOWITZ,
his wife, as joint tenants.
2. The land referred to in this Policy is described as follows:
1'he Northerly 25 feet of the Southwesterly 108.70
feot of t'J.B t po rtion of the Rancho San Vicente y Santa
Honioa, in the City of Santa Monica, County of Los
Angele s, 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 Northe rly line of Tenth street; thence Southerly
along the Southeasterly line of Colorado Avenue 233.8
feet; thence South 440 451 East parallel with said
prolongation of Tenth St reet, 172.4 feet, more or less,
to a point in the Nortmvesterl:YT line of the 30 foot s t ri p
conveyed to E. P. Clark by deed recorded in Book 2213 Page
244 of Deeds; thence Northeasterly along said Nortruvesterly
1 il1e 235.9 feet, more or less, to a point in said line of
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SCHEDULE fl...
(c ont inued)
said 30 foot strip which bears South 440 45' East from the
point of beginning; thence North 440 45' \Iest 140.4 feet,
mO!'G 0:;:-' Ie s s , to the point of beginning.
-3- # .,;:2..9 ~
S.C.B,T.U. Form)B-5.31-2~, e 'J. ~P. Form, - ...
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SCHEDULED
Defects, liens, encumbrances and other matters to which said land is subject in the order of
priority shown:
1. Taxe s of the fiscal year 1931-1932.
\
2. Heservation of D. 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. N'ebecke r, recorded in
Book 1982 Page 9 of Deeds.
-4- #.-2?~
S.C.B.T,U. Form IC-2,SI-IOM . J. P. Form-Loo Angeles County e
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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 P!lrt 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 dislrict improvement or purpose, unless at the date
hereof the amount of such assessment, tax or obligaliion 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 establishment 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 struc-
ture 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 O'f an
indebtedness secured by mortgage or deed of trust shown in Schedule 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 virtue of this Policy, such Insured shall at once notify the Company thereof in writing. If 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 permits 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 permit 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 reason 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 terminate all liability of the Company hereunder.
4. Whenever the Company shall have settled a claim under this Policy, it shall be subrogated to and 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. The 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 indehtedness 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 dama~e for which it is claimed the Company is liable under this Policy shall be
furnished to the Company within sixty days after suc loss or damage shall have been ascertained. No action or proceeding for
the recovery of any such loss or damage shall he instituted or maintained until after full compliance by the Insured with all the
conditions imposed on the Insured by this Policy nor unless commenced within twelve months after receipt by the Company of
such written statement.
7. The Company will pay, in addition to any 1055 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 Cumpany 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 or.der 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 he 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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I . " . .
Form 4-C-19-4.Jjl-l0M .
. 1248853 T
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PART OF 'IHE HANCHO SAN VICENTE Y SANTA MONICA
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THIS IS NOT A SURVEY OF THE LAND BUT IS COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORDS
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1 RESOLUTION ACCEPTING GRANT DEED FROM HARRY L. ~~OWITZ
2 AND RUTH S. MARKOWITZ, HUSBAND AND WIFE.
- 3 . . . . . .
.1'. 4 THE CITY COUNCIL OF THE CITY OF SANTA MONICA HEREBY RESOLVES:
5 That the annexed Grant Deed from HARRY L. MARKOWITZ and
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. tJ ::!l RUTH S. r~OWITZ, husband and wife, of
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- The Northeasterly twenty-five (25) feet of the Southwesterly
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- )0.. 7 one hundred eight and seventy hundredths (108.70) feet of
(Z that portion of the Rancho San Vicente y Santa Monica,
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...~~ 8 described as follows:
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9 Beginning at a point in the Southeasterly line of Colorado
~\ Avenue (formerly Railroad Avenue) at a point that would be
':..'''~ 10 intersected by the Southerly prolongation of the Northerly
,.~ line of Tenth Street; thence Southerly along the Southeast-
"'~.
~ 11 erly line of Colorado Avenue, two hundred thirty-three and
~.,~' eiBht tenths (233.S) feet; thence South forty-fOur degrees
12 (44 ) forty-five minutes (45') East parallel with said pro-
longation of Tenth Street, one hundred seventy-two and four
13 tenths (172.4) feet, more or less, to a point in the North-
westerly line of the 30 foot strip conveyed to E. P. Clark,
14 by deed recorded in book 2213 page 244 of Deeds; . thep.ce
Ii Northeasterly along said Northwesterly line two hundred
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Z t/) >' 15 thirty-five and nine tenths (235.9) feet, m~e or less, to a
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ii: C 0: po~nt in said line of said 30 foot strip, which bears Sou~h
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0111]: Z 16 44 45' East from the point of beginning; thence North 44
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-iex :e 45' West, one hundred forty and four tenths (140.4) feet,
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a:<o J: 17 more or less,to the point of beginning.
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0 IT IS FURTHER RESOLVED:
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20 That the Commissioner of Public Safety, asex-offic1o Mayor,
and the Commissioner of Public Works, be and they hereby are
21 ~uthorized and instructed to exeoute the annexed Acoeptance of
Deed, and the Commissioner of Finance, as ex-officio City Clerk
22 of the City of Santa Monica, be and he hereby is authorized and
instructed to attest the same and affix the Seal of the City of
23 Santa Moni~a thereto. .
", 24 Adopted: June 23rd,1931. coQ2~ance.
25
26 ex-officio City Clerk,
ex-officio Clerk of the City
27 Council of the City of Santa
Monica.
28
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1 -: ACCEPTANCE OF DEED :-
2
3 The annexed Deed is hereby acoep,ted this J S.d day of J"une,
4 1931-
5 ' THE CITY OF SANTA. MONICA,
a municipal oorparatlon,
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7 By
Co . ss .. ubIio Safety,
,.... !; 8 ex-offioio Mayor.
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12 ex-offioio City Clerk,
~ ex-offioio Clerk of the City
~ 13 Council of the City of Santa Monica.
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1 STATE OF CALIFORNIA, )
(S3.
2 COUNTY OF LOS ANGELES. )
3 I, F. A. HELTON, hereby certify that I am Commissioner ot
4 Finance, ex-officio City Clerk of the City of Santa Monioa; that
5 the foregoing is a Resolution adopted by the said City Council at
6 a regular meeting of said Counoil held June 23rd, 1931.
7 G7~
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1 STATE OF CALIFORNIA, )
(SS.
2 COUNTY OF LOS ANGELES. )
3 On this J..~ day of June,
a Notary Publro-fn and for the county of Los Ange e~, Sate
4 California, residing therein, duly commissioned and sworn, per-
sonally appeared H. MICHEL, known to me to be the Commissioner of
5 Public Safety, ex-officio Mayor of the City of Santa Monica, a
municipal corporation, and JOHN A. MORTON, known to me to be the
6 Commissioner of Public Works of said city, whose names are sub-
scribed to the foregoing Acoeptance of Deed, and they acknowledged,
7 to me that they executed the same on behalf of the said City or
Santa Monica, pursuant to a Resolution duly adopted by the City
8 Council of said City, and on said ~~ day of June,l93l,person-
ally appeared before me, F. A. HELTON, known to me to be the
9 Commissioner of Finance, ex-officio City Clerk and ex-officio
Clerk of the City Council of said City ot Santa Monica, and he
10 acknowledged to me that he attested said Acceptance and affixed
the Seal of the City of Santa Monica thereto.
11
IN WITIqESS WHEREOF, I have hereunto set my hand and affixed
12 my Official Seal the day and year in this instrument
first above written.
13 ~ ~unty and Sta.e.
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PO... .....OM "3WORO. , '^ .
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~rant 1Beeb
HARRY L MARKOWITZ and RUTH S MARKOWITZ. his wife.
--~ ~en and no/loo ------------- .DOLLARS.
in consideration of. m...mmmm............. ...,.... m.................m................. . .___n______h_U__
to m m :th8lll .. .in hand paid. receipt of which is hereby acknowledged. do.. m.... . ..hereby
I19rant to the CITY OF SANTA MONICA. a municipal oorporation
the real property in the...(l~~}"..().~..~9:l1.ta.:..~.()ll.i.O'9:.~... ..... ....... .m.........
County of.. Los .~J:l~~1~1S.' .... ......., State of California. described as
The Northeasterly twenty-five (25) feet of the Southwesterly
One hundred.eight and seenty hundredths (108.70) feet of that
portion of the Ranchp SanVioente y Santa Monica, 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 prolongationjOf the Northerly /
! line of Tenth street; thence Southerly al~ng the Southeasterly
.. :? line of Colorado Avenue, two hundred thirty-three and eight
- tenths (233.a) feet; thence South forty~four degrees (440)
;) I forty-five minuted (45') East parallel ~~th said prolongation
.~ ~i of Tenth street. one hundred seventy-two and four tenths (172.4)
- " feet, mOre or less. to a point in the Northwesterly line of the
30 foot strip oonveyed to E P Clark, by deed recorded in book
2213 page 244 of deeds; thenoe Northeasterly along said North-
westerly line two hundred thirty-five and nine tenths (235.9)
feet, more or less, to a point in said line of said 30 foot strip.
which bears South 440 45' East from the point of beginning;
thence North 440 45' West, one hundred forty' and four tenths (140.4)
feet, more or less, to the point of beginning.
Subjeot to taxes 1931-32.
Subject to the reservations of 20 foot str.p running through
said land, of reoord.
m;O 1$abt anb to 1$olb to said Grantee its sucoessors xiu:iltt or assigns
mlitnc55....Clur. ..,.............hand.t!J.............this... .........~.Cl't;?:.........day oL.. June .............................,. 19...3!1
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