P-310
S.CB.T.U. Form 1-9-35-30114 4 . ~p. ., ,
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[Joint Protection Form]
TITLE INSURANCE N.o.1408520
AND TRUST COMPANY
a California Corporation, herein called the Company, for a valuable
consideration paid for this Policy of Title Insurance,
J)Otj .trtbp .Jngurt
CITY OF SANTA MONICA
together with any other person or corporation included in the term the Insured as defined in
this Policy, against loss or damage not exceeding Twenty-three Thousand Do11ars~
which any Insured shall sustain
by reason of title to the land described in 5cHEoULEAbeing 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 Hen 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 s:curing an indebted.
ness, the owner of which is insured by this Policy, but only insofar as such defect affects the lien or
charge upon said land,
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 conditions hereto annexed, which exceptions and
conditions together with SCHEDULES A and B are hereby made a part of this Policy.
In Witness Whereof, Tide Insurance and Trust Company has caused its corporate name and
seal to be hereunto affixed by its duly authorized officers, this Twenty-third day of'
December 1935 at 8:30 A. M.
TITLE INSURANCE AND TRUST COMPANY,
S lM. bA.\ T f3~
hy
PAJISlDENT
.Attest: /r: c.dk (2dA/
ASSISTANT SJtCJl.ETAItY
R This policy consists.of 4 pages wh,ch are numhered tit the end of eac~ fJtIge. -1- ~i 3/4>
a.C.B.T.U. Fclrm lA-13-34-20M . J. P. Fonn . . I .
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SCHEDULE A
[1.] The title to said land is at the date hereof vested in
CITY OF SANTA MONICA
[2.] The land referred to in this Policy is described as follows:
Lot itA" of the George 'l'ract, in the Ci ty of Los Angeles"
County of Los Angeles, State of California, as per map re-
corded in Book 16 Page 21 of Maps" in the office of the County
Recorder of said County.
EXCEPT the South 30 feet of the East 1.42 feet of the
Vlest 173.74 feet thereof" included within the limits of the
land conveyed by John C. Davia and wifeJl to Carrie L. Wood"
by deed dated September 14th 1909, recorded in Book 3854 Page
64 of Deeds.
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S.C.B:T.U. Porm IB-9-35-10M . J. 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:
1. General and special County and City taxes 1935-361
Assessments 178671 and 3357991 amount $365.46# first install-
ment $182.74 and penalties.
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S.C.Il,'f.lL J'orm J-C-20M-;-3; . J. P. Form .
,Los Angeles . ..
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EXCEPTIONS
THE COMPANY does not, by this Policy, insure against:
[L] Any facts which a correct survey and inspection of said land [3.] Proceedings for municipal improvement, which, at the date
would show; water rights; mining claims; rights or claims of parties hereof, are shown by the official records of any such city, but have not
in possession of any part of said land, easements, liens or encum- resulted in imposition of a lien upon, or establishment of an easement
brances which are not shown by the official records of (a) the County over, or adjudication of the right to a public use of, said land or any
of Los Angeles; (b) the Federal Offices at Los Angeles; (c) any City part thereof.
in which, or adjacent to which, said land is located. [4.] Action by any governmental agency for the purpose of regu.
[2.] Assessments, taxes or obligations levied or created for any lating occupancy or use of said land or any building or structure
public or district improvement or purpose, unless at the date hereof thereon.
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.
CONDITIONS
[L] The term "the Insured" includes all named as insured on the be subrogated to such rights, securities and remedies in the proportion
first page of this Policy and as to each insured owner of an indebted. which said payment bears to the amount of said loss.
ness secured by mortgage or deed of trust shown in Schedule B, each [5.] TIle Company has the right and option, in case any loss is
successor in ownership of such indebtedness and any owner thereof, claimed under this Policy by an insured owner of an indebtedness
who acquires said land. or any part thereof, by foreclosure, trustee's secured by mortgage or deed of trust, to pay such Insured the entire
sale, or other legal manner in satisfaction of said indebtedness, or any indebtedness of the mortgagor or trustor under said mortgage or deed
part thereof; and as to each other named Insured, if a person, any per- of trust, together with all costs which the Company is obligated here.
son or corporation deriving an estate or interest in said land as heir or under to pay, in which case the Company shall become the owner of,
devisee of such person, or if a corporation, any person or corporation and such Insured shall at once assign and transfer to the Company said
deriving an estate or interest in said land by dissolution, merger or mortgage or deed of trust and the indebtedness thereby secured and
consolidation. such payment shall terminate all liability under this Policy to such
[2.] The Company at its own cost shall defend the Insured in all Insured.
actions or proceedings commenced against the Insured founded upon [6.] A statement in writing of any loss or damage for which it is
a defect, lien or encumbrance insured against by this Policy and may claimed the Company is liable under this Policy shall be furnished to
pursue such litigation to final determination in the court of last resort. the Company within sixty days after such loss or damage shall have
In case any such action or proceeding shall be begun, or in case knowl. been ascertained. No action or proceeding for the recovery of any such
edge shall come to any Insured of any claim of title or interest adverse loss or damage shall be instituted or maintained until after full com-
to the title as insured, or which might cause loss or damage for which pliance by the Insured with all the conditions imposed on the Insured
the Company shall or may be liable by virtue of this Policy, such by this Policy nor unless commenced within twelve months after re-
Insured shall at once notify the Company thereof in writing If such ceipt by the Company of such written statement.
notice shall not be given to the Company at least five days before the [7.] The Company will pay, in addition to any loss insured against
appearance day in any such action or proceeding, or if such Insured
shall not, in writing, promptly notify the Company of any defect, hen by this Policy, all costs imposed upon the Insured in litigation carried
or encumbrance insured against or any such adverse claim which shall on by the Company for the Insured, and in litigation carried on by the
come to the knowledge of such Insured, in respcct to which loss or Insured with the written authorization of the Company but not other-
damage is apprehended, then all liability of the Company as to each wise. The Company will not be liable for loss or damage by reason of
Insured having such notice in regard to th, subject of such action, pro- defects, claims or encumbrances created subsequent to the date hereof
or resulting in no pecuniary loss to the Insured, or for defects, claims
ceeding or claim shall cease and terminate, provided, however, that or encumbrances created or suffered by the Insured claiming such loss
failure to so notilY shall in no case prejudice the claim of any Insured or damage, or existing at the date of this Policy and known to the
unless the Company shall be actually prejudiced by such failure. In all Insured claiming such loss or damage either at the date of this Policy
cases where this Policy permits or requires the Company to prosecute or at the date such insured claimant acquired an estate or interest in.
or defend any action or proceeding, the Insured shall secure to it the sured by this Policy. The liability of the Company under this Policy
right to so prosecute or defend such action or proceeding, and all shall in no case exceed in all the actual loss of the Insured and costs
appeals therein, and permit it to use, at its option, the name of the which the Company is obligated hereunder to pay and in no case shall
Insured for such purpose. The word "knowledge" in this paragraph such total liability exceed the amount of this Policy and said costs. All
means actual knowledge and does not refer to constructive knowledge payments under this Policy shaH reduce the amount of the insurance
or notice which may be imputed to the Insured by reason of any public pro tanto and payment of loss or damage to an insured owner of in-
record or otherwise. debtedness shaH reduce to that extent the liability of the Company to
[3.] The Company reserves the option to pay, settle or compromise the insured owner of said land. No payment can be demanded by any
for or in the name of the Insured, any claim insured against or to pay Insured without producing this Policy for endorsement of such pay-
this Policy in full, and payment or tender of payment of the full ment.
amount of this Policy together with all costs which the Company is [8.] Loss under this Policy shall be payable, first, to any insured
obligated hereunder to pay shall terminate allliabi]ity of the Company owner of indebtedness secured by mortgage or deed of trust shown in
hereunder. Schedule B, in the order of priority therein shown, and if such owner.
[4.] Whenever the Company shall have settled a claim under this ship vests in more than one, payment shall be made ratably as their
Policy, it shall be subrogated to and be entitled to all rights, securities respective interests may appear, and thereafter, or if there be no such
and remedies which the Insured would have had against any person insured owner of indebtedness, any loss shall be payable to the other
or property in respect to such claim, had this Policy not been issued, Insured, ratably as their respective interests may appear.
and the Insured shall transfer or cause to be transferred to the Com. [9.] No provision or condition of this Policy can be waived or
pany such rights, securities and remedies, and permit it to use the changed except by writing endorsed hereon or attached hereto signed
name of the Insured for the recovery, retention or defense thereof. If by the President, a Vice-President, the Secretary or an Assistant Seqe-
the payment does not cover the loss of the Insured, the Company shall tary of the Company.
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R. T. S. 167
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LOT "A" OF THE GEORGE TRACT
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lHIS IS Nor A Sl,JRVEY OF THE LAND 6l,JT 1$ COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL REeORDS.
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':"'i DOUGLAS AIRCRAFT COMPANY. INO.,. '" ::'.
_......m.............u.u.............uooo_...m___............m.................k...__.........................................-..---.........-.-.-..........JL,...................... !/
a corporation organized under the laws of the State oL.. D.~.A.~W.~.El.,.........m.......__.... .____.._......, with 'i~ principal II
" place of business at...:tl.h.e...Gi.tf-...Of..3Y.ilm.1Dib.'ttOO......s.t.a:t.e....a.t:...De.1.a.W.ar.S.,................................... II
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il in consideration oL_______._~~.~....(..9..~....m....................................................._.............................................DO LLARS,
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to it in hand paid, receipt of which is hereby acknowleged, does hereby
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i ~raut to CITY OF SANTA 1~NICA,
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the real property in th e.u.._ 00'" ..... 00.. 00 00"'" ._00 ......_.............. .. 00...................................................... _:.. _ ___.... u. ......_ 00 u. _........
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I' County of._.....Lo.8.._...A..osB.1.ElS.._._u___..mu......................State of California, described as
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ii Lot "A- of the George Tract, in the City of Los
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II Angeles, county of Los Angeles, state of California, as per
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Ii County Recorder of said County.
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EXCEPT the south 30 feet of the east 1.42 feet of the
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to Carrie L. Wpod, ,by ~eed
:! dated September ~4th, 1909, recorded in book 3854, page 6~ of I
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Ii IN WITNESS WHEREOF, said Corporation has caused its corporate name and seal to be affixed hereto
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i: thereunto duly authorized, thiL-.m_fm.~u__u.muday of._.....u_<tctoberu.____mmuu.____........_____..u______, 19..__3.5..
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