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P-72 (2) . ,. , ~ :.~. ': '. . i ... Booi'::JB342 PAtiE163 llESOttlTION NO. al.l5 '$ C ONTFACT ,NJ.95. DE}~D 72. (Cl'!'!! COUNCIl, SERIES) A RESOLUTION C!,' 'iHB CIffY COUNCIL OF THE C!TY OF SANTA JltOnrCf. AtJTHORIZ!lrQ '1'HE CITY H,.:i.NAGER ere PURCHASE CEFi'L!UN rmAL Pii.0PEB!1''i IN TIre CITY OF SAWI'A l\10NrCA. TftE C~ couuen.. OF r,cm: CITY OF SANTA trl0NICA DOES RESOLVE AS FOLLOWS: SEC'l'ION 1. Tha.t the City Manager be and he hereb7 1s authorized to enter into eacr~~, accept the grant deed~ and do all things necessary to complete thG pm"'ctase by tbe Oity ot Santa Monica of the .follow1ng described 'I"ealproperty for OJ,vie Center purposes t Lot 26, BlOCK 3> Band1n1 Tract, in tile Cit, of Santa. Monica, as J)Elr Map Nool'ded1n Book 55 J Page 55, 01' Miscellaneous Records in. tne office of tne Recorder of LOS A~eleB Oounty. section 2. That the City l<1anager 'be and he here.b:" is authorized to ~e'Ute on behalf of the City of.' Santa Monica a lease of.' aa1d property to SOL Ii. GOLmm and JOSEPH I<lANUS f()}," a te.Z'm of 12 months corr.menc1ng on the dal the escrow is clos~d~ for the consideration of .00. Said leaSe also shall contain a provision per- mitting the Lessees to remove all improvements situated upon said real property if such removal 16 completefi within the term of said lease. Said lease also stwll contain a provision granting an option to I#!ssaes to extend the term of said lease tor a period of 90 days con41tlone4 upon teesees poeting a cash bond of $200.0(), 1 '"-! ./' 72 t\"'~' ~ -. .- .- Boo~.~8342 PAGE164 I a~U.d bond to be.,. forfeited in the event Lesee.ee dQ not ~m,ove the tmprove:m(:mts VIi thin said extended period. SECTION 3. 'l'he CHy Cler-lc 3h(:iJ.1 certify to the adoption of this resolution and thenoeforth and thereatterthe fiJaJlie $hall be 11.1 full torce and etfecif. ADOPTED an.d. APPROVED this 13th. day of 1052 ileb,,'l?ry , ." . , ')'$"/ ~.-~. FL.A' , /." . ' J4,,'r,"'--<j,t ./.' )/,"._ -. .'. ''!f.,' *~~ i,i!riJ..tf.( J:: if~ . ,---r~or . I hereby clitn1ty that the foregoing reaolut:ton was duly adopted the City Council 01' th.e Clt70f Santa Mon1ca at a ... regular meetingtnereof tulld on the . Ut.hday of' february , 1952, 'by the tollow1.ng vote ~t the Council: AYES: Counc1lmen: Barnard. Grubbs. Gueroio. Mahoney. MbCarth . MoDermott, Hart. NOES: Counol1men: None ABSENT: Councilmen.: None .~ A.pproved a$ to tom th.1a 4th day or Pebrua~, 1952. Mark C. Allen, Jr. De~uty Oi ~A ttornev for . i :J. ~t"O,. . in, C!ty Ktt~rney 2 ,1<:,,,,, ./1'72 1. ~ · e~ < . · BO!l~. 38342 fAGE:J.65 Grant Deed 7,1... CC C Affix I. R. S. $.z;ml:..,.~~:.. 398 9-50 THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPAN~ FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, SOL N. GOLDER, a married man, who acquired title as an mnnarried man, and JOSEPH NtANUS, a married man, who acquired title as an unmarried man, , do hereby GRANT to CITY OF SANTA MONICA, a municipal corporation the real property in the city of Santa Monica county of Los Angeles , state of California, described as: tot 26 in Block 3 of the Bandini Tract, in the City of Santa Monica, County of Los Angeles, State of California, as per map recorded in Book 55 Page 56 of Miscellaneous Records, in the office of the county recorder of said county. Dated:....F.!3P.~rY....4.tJ9.5.?..,m.m.....m,..,m.mM:...(h,(m..~m.....m,...., ~~:~:=: Attorney in fact .....h_____.u_________u.___ou___________nu..______..____U_d_~_._______nd___._n_______ STATE OF CALIFORNIA SPACE BELOW FOR RECORDER'S USE ONLY COUNTY OF SS, ..........I&s...,4,ng~lEl$ .... . ........... " On......fEl.l?;J;:1J,li,:r'Y..4,l95? ........... ... ....... .................., *-' before me, the undersigned, a Notary Public in_ - _ . an~..f~~...S.~~~N\~n.~Qal~~;at.e:.~.e~~~.~a.ll~..:p~ear.e.~ ""C~.)~~~",. /~tJr . ~ < . V _., ,-"L 1V11:.1"1:! ~~..k' M__............_............_loii!':,.. .......... .d........... ........................................................... RrlCCf..DED A r REQUEST Ci' ~ ...................................................................n.................. ...... TITLE iNSURA,NCf & TRUST CO. ~~~:~:.;~..;;;~.;~.~~.;~~:.~~~~~:::..::..~~;:~..~~:~:::::::~~::::::::::::: rr'b nr"IJ 952 A'T <> A. M. L subscrIbed to the wIthm Instrument and acknowledged that 1"'&;.1) ;.,;Wi ,n.. ~ ....he.......... ........eXe"'l. fed t.he same. 80D:-.38342 PAGE163 WITNESS tnY~iid and- ollieial seal. IN OFFICIAL RECORDS .,,~,:.. ' >.,. \ County of ~ Angeles. Califumia ll.:.. /: ;;-. rl';\~ \' / Fee $ ~ . 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COUNTY OF . 55. .. ,.......................,~~,...~~~~~....................,....,..,... ~ On .........~~~;cr,..4,),9.5.g...................,.........................., ,., before me, the undersigned, a Notary Public in u and for said County and State, personally appeared ~ ...,......,..,~g.~..~,~...gg.~~.r...h..........................,........,..,.........,- '" .S >- e ....__....._..____..____u.__....__....__..__.__...__.........__.._nn..nn.............--........--...--., .9 known to me to be the person...... whose name..........~~,......, 3 '" subscribed to the within instrument, as the Attorney,........... '1' l"-..in fact oL.__~~~~.P.~...~~~~~...........m.....'.............................. :> ..............................,.,.....,..:.....,........................, and acknowledged ~ to me that ,..,~J;l,~,........:: subscribed the name,............,......of ~ ,.....,...Qq~~.P-})...~~n~:..\..\.................................,..,....,.....,...-- h :. ~~:;.~\ ", d' his t ere!-oes P~(;1 . ...;.. an .........,.........,....own name.................. as Atlorpey.:...... i t. WITN",S ryO d ond .fficid ~L (Seal) ,............."m............... ...........................................,............ . , 1012,1.'0 . . CLTA Standard Coverage Policy Form . . .. Copyright 1950 Fee $ 9.00 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 A 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 and B 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 S lM. 6.1\..\ O'~ PRESIDENT Attest jf;];,../,Y;/, '''~'~ <o,c,"<~;,,.'/,~ l" ,,~'''~:i.-~./ ......-V/ ~'1?dGa~~RY tZ . ~ ;l! /' ..L.e-4' 7...d--- .rap::> . . . . ~ . 1012,. 2,51 eLl,. Standard Coverage Policy SCHEDULE A Amount $ 5 ,000. 00 Date February 2" 1952 at 8 a.m. Policy No, 359060, INSURED CITY OF SANTA MONICA, a municipal corporation. 1. The title to said land is, at the date hereof, vested in: CITY OF SANTA MONICA, a municipal corporation. 2. Description of land in the county of Los Angeles, state of California, title to which is insured by this policy: Lot 26 in block 3 of the Bandini Tract, in the city of Santa Monica, as per map recorded in book 55 page 56 of Miscellaneous Records, in the office of the county recorder of said county. . ~ . . . . . . 10128 4,51 CL TA Standard Coverage Policy 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 page 1 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, hut 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. 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. A sale of an undivided one-half interest in and to said land. to the state of California for county and city taxes for the fiscal year 1950- 1951, Assessment No. 561007. Amount to redeem prior to February 29, 1952, $80.46. 2. ft~ unrecorded lease executed by the city of Santa Monica as lessor and by Sol N. Golder and Joseph Manus as lessees, for the term of 12 months, as disclosed by a resolution attached to the deed to the city of Santa Monica recorded February 27, 1952. Said lease contains a provision permitting lessees to remove the improve- ments on said land during the term of said lease. Said lease also contains an option to extend the term of said lease for a period of 90 days. ..~eo"~:, ~~l) ,S>~, ..: ~ .;..i.. . -\ ,~ \- III ,.,. .~;;J , . . . . . . 1012,C 6,50 STIPULATION S ClTA Standard Caverage Policy Form Copyright 1950 1. SCOPE OF COVERAGE curred or expended by the Company. which m..y be otherwise. The liability of the Company under this recoverahle by the insured in any litigation carried policy shall in no case exceed, in all, the actual Iou This policy does not insure against, and the Company on by the Company on behalf of the in.nred. The of the insured and costs which the Company is obligated will not be liable for J088 or damage created by or word 'lknowledge" in this paragraph means .ctual hereunder to pay. and in no case shall 8uch total arising out of any of the following: <a) defects, lienl, knowledge. and does not refer to constructive lenawl- liability e:uced the amount of this policy and said claims, encumbrances, or other matters which result in edge or notice which may be imputed to the insured COlltS. All payments under this policy shall reduce the no pecuniary loss to the insured; (b) defects, lienl, by the public records. amount of the insurance pro tanto, and payment of Iou encumbrances, or other matters created or occurring or damage to an insured owner of indebtednesl Iball subsequent to the date hereof; (0) defects, lienl, 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 be the insured claiming 8uch 1088 or damage; or (d) A statement in writing of any loss or damage for which demanded by any insured without producin, this policy defects, liens, claims, encumbrances, or other matters it is claimed the Company is liable under thi. policy lor indorsement of such payment. existing at the date of this policy and known to the sball be furnished to the CQmpany within sixty da,. insured claiming such loss or damage, either at the after 8uch los8 or damage sball have been ucertained. date of thi8 policy or at the date such insured claim- No action or proceeding for the recovery 01 any 8uch e. MANNER OF PAYMENT OF LOSS TO INSUIED ant acquired an estate or intere8t insured by tbis policy, I08S or damage sball be instituted or maintained Loss under this policy shall be payable, first, to any unlcss 8uch defect, lien, claim, encumbrance or other again!t lhe Company until alter full compliance by insured owner of indebtedness secured by mortgale or matter shall have been disclosed to the Company in the insured with aU the conditions impoled on the deed of trust sbown in Scbedule B, in order 01 priority writing prior to the issuance of this policy or appeared insured by .bis 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 alter receipt by the Company of such than one, payment .hall be made ratably 8S their rights or defenses of tbe Company against a named written atatement. respective interests may appear, and thereafter any insured shall be equally available against any penon 1088 shall be payable to the other insured, and if more or corporation who sball become an insured hereunder ~. OPTION TO PAY, SETTLE, 01 COMPIOMISE than one, then to such insured ratably a8 their respec. 8S successor of such named insured. CLAIMS live interests may appear. If there be no 8uch insured The Company reservel the option to pay, lettie, or owner of indebtedness, any los. shall be payable to tbe insured. and if more tban one, to sucb insured 2. DEFENSE OF ACTIONS, NOTICE OF ACTIONS compromise for, or in tbe name of, the inlured, any ratably as their respective intere8ts may appear. 01 CLAIMS TO BE GIVEN BY THE INSUIED 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 tbe insured full amount of tbis policy, together with all accrued 9. DEFINITION OF TEIMS in all litigation consisting of actions or proceedinp costs which the Company il obligated hereunder to pay, The following t_erms when used in this policy mean: against the insured, or defenses, restraining ordefl, or shall terminate all liability of the Company here. injunctions interposed against a foreclosure or lale of under, including all obligationl of the Company with (a) "named inlured": the persons and corporationl said land in satisfaction of any indebtedness. the respect to any litigation pending and eubaequent cOIte named aa insured in Schedule A of thi. policy; (b) owner of which ie insured by this policy, which liti,a. thereof. "the insured": such named insured together with (1) tion i8 founded upon a defect, lien, encumbrance. or each successor i. ownership 01 any indebtedncu flIecured by any mortgage or deed of trust shown in other matter insured against by this policy, and may 5. SUBIOGATION UPON PAYMENT 01 SETTLE- Schedule B, the owner of which indebtedlle81 iI punue such litigation to 6nal determination in the MENT named herein aa an insured, (2) any such owner or court of last resort. Id case any flIuch litigation .hall become known to any insured, or in case knowledge Whenever the Company shall have settled a claim successor in ownership of any such indebtedness who shall come to ,any insured of any claim of title or under this policy, it shall be subrogated to and be acquires the land described in Schedule A or any interest which is adverse to the title a8 insured or entitled to all rights, securities, and remedies which part thereof, by lawful means in satisfaction of Mid which micht cause 108s or damage for which tbe the insured would have had againfllt any person or indebtednes8 or any part thereof, (3) any lovernmental Company shan or may be liable by virtue of tbis property in reapecl to 8uch claim, had this policy not agency or instrum.entality acquiring said land under policy, luch insured shall notify tbe Compaoy thereof been issued. If the payment does not cover tbe Ion an insurance contract or guarantee insuring or guar. in writing. If such notice shall not be given to the of the insured, the Company shall be subrogated to aoteeing laid indebtedncss or any part thereol, and Company at least two days before the appearance day such rights, securities, and remedies in the proportion (4) any person or corporation deriving aD estate or in any 8uch litigation. or if sucb insured sball not, in which ..id payment bears to the amount of said )088. interel!lt in said land as an heir or devisee of a named writing, promptly notify the Company of any defect, In either event the insured shall tnn,fer, ot eau"e to insured or by reason of the dissolution" merler, or lien, encumbrance, or other matter inlured against, or be transferred, to the Company luch rights, 8ecurities, consolidation 01 a corporate named ineured; (0) of any lIuch adverse claim whicb shall come to tbe and remedies, and shall permit the Company to ule Uland": the land deffcribed speci6cally or by reference knowledge 01 such insured, in respect to which 1088 the name of the insured in any transaction or litigatiOll in Schedule A and improvements affixed thereto which or damage is apprehended, then all liability of tbe involving such rights, aecurities, or remedial. by law constitute real property; (d) Udate": the Company as to each insund having such lmowledle exact day, hour and minute Ipecified in the first line shall cease and terminate; provided, however, that 6. OPTION TO PAY INSUIED OWNEI OF IN, of Schedule A (uolCh the context clearly require8 a failure to 80 notify the Company Ihall in no case prej- DEBTEDNESS AND BECOME OWNEI OF SECUIITY different meaning); (e) "taxing agency": the State and each county, city and county, city and district udice tbe claim of any insured unless tbe Company The Company has the right and option, in cue any in which said land or 80me part thereof is situated that shall be actually prejudiced by such failure. The Com. 1088 is claimed under this policy by an insured owner levies taxes or assessmentl on real property i (I) pany shall have tbe Tight to. institute and prosecute of an indebtedness secured by mortgage or deed of "public records": thOle public records which, under any action or proceeding or do any other act which, trust, to pay 8uch insured the indebtedness of the the recording laws, impart constructive notice 01 mat. in its opinion, may be necessary or desirable to mortgagor or trustor under said mortgage or deed of ten relating to Hid land. establish the title, or any iOlured lien or charge, al trust, together with all costs which the Company is insured. In all cales where this policy permits or obligated hereunder to pay. in which case the Com. requires lhe Company to prosecute or defend any pany shall become tbe owner of, and luch insured 10. WIITTEN INDORSEMENT REQUIRED TO action or proceeding, the insured shall secure to it in shall at once assign and tran8fer to the Company, eald CHANGE 'OLlCY writing the right to so prosecute or defend such action mortgage or deed of trust and the indebtedncss there. No provision or condition of this policy can be waived or proceeding, and all appeall therein, and permit it by secured, and such payment shall terminate all or changed except by writing indorsed hereon or at. to uee, at its option, the name of the insured for sucb liability under this policy to 8uch insured. tached hereto signed by the President, a Vice Presi. purpose. Whenever requested by the Company the dent, the Secretary, or an Assistant Secretary of the insured shall assist the Company in any such action 7. PAYMENT OF LOSS AND COSTS OF LITIGATION. Compaay. or proceeding, in effecting settlement, securing evi. dence, obtaining witnesses, prosecuting or defending INDOISEMENT OF PAYMENT ON POLICY 8uch action or proceeding, to such eItent and in 8ucb The Company will pay, in addition to any Iou inlured 11. NOTICES, WHERE SENT manner 8S is deemed desirable by the Company, and against by thi. policy, all cost. imposed upon the in- All Doticee nquired to be given the Company and any the Company sball reimburse the insured for any lured 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 in8ured, and in. litigation carried on by the inlured pany shan be addreaaei to it at tbe office whicb issued to and be entitled to all costl and attorney.' fees in. with the written authorization of the Company. but not thil policy. . I. . . . . , , . ~ BRNO/NI TRI1CT ~tJ(;'K" //" ; ttdTJ" 1~/f)81.()t'1(" LJltJ(JK 50S; ~ $1'1)" HR THIS IS NOT A SURVEY OF THE LAND BUT IS COMPILED FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL Rl!Ce8IIS.