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Form 1002 12-12-38 60M" .-...... . ., ..
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California Land Tide Association Standard Form . .
Copyright 1938
Policy No. 1647334
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c:!it/~:Jnsuranc~ and 91ust Company
a corporation of Los Angeles, California, herein
called the Company, for a valuable considera-
tion paid for this policy of title insurance,
does hereby insure
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CITY OF SANTA MONICA, ~',if I
a municipal corporation, '" /
together with each successor in ownership of any indebtedness secured by any mortgage or deed
of trust shown in Schedule B, the owner of which is named as an insured, and any such owner or
successor in ownership of any such indebtedness who acquires the land described in Schedule A,
or any part thereof, by lawful means in satisfaction of said indebtedness or any part thereof, and
any person or corporation deriving an estate or interest in said land, as an heir or devisee of a
named insured, or by reason of the dissolution, merger, or consolidation of a corporate named
insured, against loss or damage not exceeding 1hirty-two Thousand 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 herein stated; or
by reason of unmarketability of the title of any vestee to said land, at the date hereof, unless such un-
marketability exists because of defects, liens, encumbrances, or other matters shown in Schedule B; or
by reason of any defect in, or lien or encumbrance on said title, existing at the date hereof, not shown
in Schedule B; or
by reason of any defect in the execution of any mortgage or deed of trust shown in Schedule B secur-
ing 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
by reason of priority, at the date hereof, over any such mortgage or deed of trust, of any lien or en-
cumbrance upon said land, except as shown in 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, Tide Insurance and Trust Company has caused its corporate name
and seal to be hereunto affixed by its duly authorized officers, this Twenty-second day of
September 1939 at 8:30 A. M.
TITLE INSURANCE AND TRUST COMPANY
by 0tM.6A.\ ~O' ~
PRESIDENT
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Attest -_ ___~ - =:r.
-- ASSISTANT S T
This policy consists of 4 pages which are numbered at the end of each page. -1-
#- 3.30
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Form 1002-A 12-12-38 60M . . - ~
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. SCHEDULE A
[ I.] The title to said land is, at the date hereof, vested in
CITY OF SANTA MONICA,
a municipal corporation.
[2.] Description of the land, title to which is insured by this policy:
Lots 2, 3, 4, and 5 in Block 2 of South Santa Monica,
in the City of Santa Monica, County of Los Angeles, State
of California, as per map recorded in Book 3 Pages 86 and
87, Miscellaneous Records of said County.
Page 2 #: 3.$ 0
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Form loo2-B 12-12-38 60M . . -
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SCHEDULE B
[A] The Company does not, by this policy, insure against loss by reason of:
I, Easements or liens which are not shown by the public records (a) of the District Court of the Federal District,
(b) of the county, or (c) of the city, in which said land or any part thereof is situated.
2. Rights or claims of persons in possession of said land which are not shown by those public records which impart
constructive notice.
3. Any facts, rights, interests, or claims which are not shown by those public records which impart constructive
notice, 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 tide to water,
5. Acts or regulations of any governmental agency regulating the occupancy or use of said land or any building
or structure thereon,
[B] Liens and encumbrances to which said title is subject shown in the order of their priority, and defects
and other matters to which said title is subject:
General and special County and City taxes for the fiscal
year 1939-1940 # a lien# but not yet payable. Levies for
Santa Monica Municipal Improvement District No.1, created
for City Park# may be included therein.
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STIPULATIONS
SCOPE 1. This policy does not insure against, and the Com- SUBROGATION 4. Whenever the Company shall have settled a
OF pany will not be liable for loss or damage created by or UPON PAYMENT claim under this policy, it shall be subrogated
COVERAGE arising out of any of the following: (a) defects, OR SE'ITLEMENT to and be entitled to all rights, securities, and
liens, claims, encumbrances, or other matters which result in no remedies which the insured would have had against any person or
pecuniary loss to the insured; (b) defects, liens, encumbrances, or other property in respect to such claim, had this policy not been issued. If the
matters created or occurring subsequent to the date hereof; (c) defects, payment does not cover the loss of the insured, the Company shall be
liens, encumbrances, or other matters created or suffered by the insured subrogated to such rights, securities, and remedies in the proportion
claiming such loss or damage, or existing at the date of this policy and which said payment bears to the amount of said loss. In either event
known to the insured claiming such loss or damage, either at the date the insured shall transfer, or cause to be transferred, to the Company
of this policy or at the date such insured claimant acquired an estate or such rights, securities, and remedies, and shall permit the Company to
interest insured by this policy, unless such defect, lien, claim, encum- use the name of the insured in any transaction or litigation involving
brance. or other matter shall have been disclosed to the Company in such rights, securities, or remedies.
writing prior to the issuance of this policy. Any rights or defenses of OPTION TO PAY 5. The Company has the right and option, in
the Company against a named insured shall be equally available against
any person or corporation who shall become an insured hereunder as INSURED OWNER case any loss is claimed under this policy by
successor of such named insured. OF INDEBTEDNESS an insured owner of an indebtedness secured
AND BECOME by mortgage or deed of trust, to pay such
DEFENSE OF 2. The Company at its own cost shall defend the in- OWNER OF insured the indebtedness of the mortgagor or
ACTIONS sured in all actions or proceedings against the insured SECURITY trustor under said mortgage or deed of trust,
founded upon a defect, lien, encumbrance, or other matter insured together with all costs which the Company is obligated hereunder to
against by this policy, and may pursue such litigation to fina1 determi. pay, in which case the Company shall become the owner of, and such
nation in the court of last resort, In case any such action or proceeding insured shall at once assign and transfer to the Company said mortgage
shall be begun, or in case knowledge shall come to any insured of any or deed of trust and the indebtedness thereby secured, and such pay-
claim of tide or interest adverse to the title as insured, or which might ment shall terminate all liability under this policy to such insured,
cause loss or damage for which the Company shall or may be liable by 6. A statement in writing of any loss or damage for
NOTICE OF virtue of this policy, such insured shall at once NOTICE OF
ACTIONS notify the Company thereof in writing. If such LOSS which it is claimed the Company is liable under this
OR CLAIMS notice shall not be given to the Company at least policy shall be furnished to the Company within sixty days after such
TO BE five days before the appearance day in any such loss or damage shall have been ascertained. No action or proceeding
GIVEN BY action or proceeding, or if such insured shall not, in UMITATION for the recovery of any such loss or damage shall be
THE INSURED writing, promptly notify the Company of any de- OF ACTION instituted or maintained against the Company until
fect, lien, encumbrance, or other matter insured against, or of any after full compliance by the insured with all the conditions imposed
such adverse claim which shall come to the knowledge of such insured, on the insured by this policy, nor unless commenced within twelve
in respect to which loss or damage is apprehended, then all liability of months after receipt by the Company of such written statement.
the Company as to each insured having such notice in regard to the PAYMENT OF 7. The Company will pay, in addition to any loss
subject of such action, proceeding, or claim shall cease and terminate;
provided, however, that failure to so notify shall in no case prejudice LOSS AND insured against by this policy, all costs imposed
the claim of any insured unless the Company shall be actually preju- COSTS OF upon the insured in litigation carried on by the
diced by such failure. The Company shall have the right to institute LITIGATION. Company for the insured, and in litigation carried
and prosecute any action or proceeding or do any other act which, in INDORSEMENT on by the insured with the written authorization
its opinion, may be necessary or desirable to establish the title, or any OF PAYMENT of the Company, but not otherwise. The liability
insured lien or charge, as insured. In all cases where this policy permits ON POLICY of the Company under this policy shall in no case
or requires the Company to prosecute or defend any action or proceed- exceed, in all, the actual loss of the insured and costs which the Com-
ing, the insured shall secure to it in writing the right to so prosecute pany is obligated hereunder to pay, and in no case shall such total
or defend such action or proceeding, and all appeals therein, and permit liability exceed the amount of this policy and said costs. All payments
it to use, at its option, the name of the insured for such purpose. When- under this policy shall reduce the amount of the insurance pro tanto,
ever requested by the Company the insured shall assist the Company and payment of loss or damage to an insured owner of indebtedness
in any such action or proceeding, in effecting settlement, securing shall reduce, to that extent, the liability of the Company to the insured
evidence, obtaining witnesses, prosecuting or defending such action or owner of said land. No payment can be demanded by any insured
proceeding to such extent and in such manner as is deemed desirable without producing this policy for indorsement of such payment.
by the Company, and the Company shall reimburse the insured for any 8. Loss under this policy shall be payable, first, to
expense so incurred. The Company shall be subrogated to and be en- MANNER OF
titled to all costs and attorney's fees incurred or expended by the Com- PAYMENT OF any insured owner of indebtedness secured by mort-
pany, which may be recoverable by the insured in any litigation carried LOSS TO gage or deed of trust shown in Schedule B, in order
on by the Company on behalf of the insured. The word "knowledge" INSURED of priority therein shown. and if such ownership
in this paragraph means actual knowledge, and does not refer to con- vests in more than one, payment shall be made ratably as their respec-
structive knowledge or notice which may be imputed to the insured by tive interests may appear, and thereafter, any loss shall be payable to
reason of any public record or otherwise. the other insured, and if more than one, then to such insured ratably
OPTION TO 3. The Company reserves the option to pay, settle, as their respective interests may appear. If there be no such insured
owner of indebtedness, any loss shall be payable to the insured, and if
PAY, SETI'LE, OR or compromise for, or in the name of, the insured, more than one. to such insured ratably as their respective interests
COMPROMISE any claim insured against or to pay this policy in may appear.
CLAIMS full at any time. and payment or tender of pay-
ment of the full amount of this policy, together with all accrued costs WRITTEN 9. No provision or condition of this policy can be
which the Company is obligated hereunder to pay, shall terminate all INDORSEMENT waived or changed except by writing indorsed
liability of the Company hereunder, including all obligations of the REQUIRED TO hereon or attached hereto signed by the President,
Company with respect to any litigation pending and subsequent Costs CHANGE a Vice-President, the Secretary, or an Assistant
thereof. POLICY Secretary of the Company.
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SOUTH ~ANTA !10N/CA
BLOCKS / AND 2.
.f300K .3 PAGE5 86.) 87 OF /'1/Sc. RECORD.5
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THIS IS Nor" SUFl'IEY OF THE LAND BUT IS COMF>ILEt,) FOR INFORMATION ONLY FROM DATA SHOWN BY OFFICIAL RECORD5
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___________________________________~.f_~_TI.I__~_mL.~!iQ~QW A ~~C!1{Y~.Q1ffiE}IT C 0 I~IP__~1cr______________________
. . d d h I f h S f California . h . .. 1
a corporation organize un er t e aws 0 t e tate 0 ___________________________________, Wit Its prmClpa
place of business aL______________________~_Q.!L~P.E~.J. e ~ Jli~.f.Ql'.m..fJ._______________________________________
in consideration oL::=_Ren.__,.... . ,..----. ---- --- ------ - -- -------- ----- - __DOLLARS,
to it in hand paid, receipt of which is hereby acknowledged, does hereby grant to
CITY OF SANTA MONICA, a municipal corporation
whose permanent address is________.$..gJ:)._t..~_J\I}_9_~.i0_?::J____9_~_lJ.f.92:"P_j,.EJ___-----------------------------------------------
the real property in the______QJ.,..1Y.._~f___9_~r~1;_~_~Iop_J.2~1,._----------------------------------------.-------------------
~ County oL_________La.s__Angel.e..6______________________State of California, described as :
Lots 2 to 5 incluslve, in Block 2, of South Santa ~
Monica, as shown on map recorded in Book 3, pages
. 86 and g7, of Miscellaneous Records of the County
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, of Los Angeles
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IN WITNESS WHEREOF, said Corporation has caused its corporate name and seal to be affixed l
h d h' 'b db' Vi ce.:]? .
ereto an t IS lnstrument to, e execute y ltS______________________ reSident and__...!.___!____!____!___.!..___!'____
Secretary thereunto duly auth9rized, this..________!_s t_______day of____~m?-1LemQ~_~____________, 19 __3..iL.
FIFTH AND BROADWAY INVESTMENT C OMP ANY
-~~~~~~~:~~:~~~~~~~y;~~;~~;::~~~~~~
_ ____________________________Secretary
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RESOLUTION NO.
RESOLU'llION ACCEI)'llING GRAilIT DEED FaOM FIFTH
Al!D BROADM1Y Il'ZV:?:3TMF1N'T COMPANY, A CORPORA-
TION.
CITY COUl~CIL OF 'IHE CITY SA:::;:TA MONI~A HEREBY HESOtVES:
/
That the annexed Grant Deed fromli'ifth and Broadway In-
Company, a corporction, of' that certain real property in
the City of Santa l'!lonica, County of Los Angeles, State of Ca1if-
described as:
Lots Two (2) to :B'ive(5), inclusive, in Block
Two (2), of South Santa. ;i.onica, as shown on r,;ap
recorded in Book 3," ./:'ae;es 86 and 87 of ivIiscel-'
laneous Records of the County of Los Angeles,
Calif ornia,
the sarne is, hereby accepte,d.
IT IS FURTHER RESOLVED: That the Commissioner of Public
Safety, ex-officio lviayor, be, and he hereby is, authorized and
instructed to execute the annexed Acceptance of Deed,and the Com-
missioner of Public Works, be, and he hereby is, authorized and
instructed to attest the 8rone, and affix the seal of the City of
Santa Monica thereto.
That the Commissioner of Public Safety', ex- officio Mayor
of the City of Santa I;10nica, be, and h~ hereby is, authorized and
instructed to certify to the adoption of t.b.ls resolution, and t}Je
Commissioner of Fublic Works, be, E'nd he hereby is, authorized and i
instructed to attest the same. I
ADOPTED this 13th . day of September, 1939. I
I
/d~safetY' ex- I
I
officio Mayor of the City of Santa
Monica.
A~-r1~ :r:.
.f1s..r ~/
co" sf:~ner of P~~1iC ITl'orks of the
Ci ty of Santa Monica.
day of I
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hereby certify that lam the Deputy
of Santa Monica; that the foregoing is a
copy of that certain resolution adopted
Santa Monica at a regular meet-
13, 1939.
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'ACCEP'I'ANCE OF DEED :-
Deed 1s hereby accepted this l;th day of
CITY OF SM~TA MONICA, a municipal
corporation,
BY~
Coymuissioner of Public Safet:l, ex-
officio illayar of the City of Santa
.; l\ionica.
,rp~mr1 / '
ATllr~
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to Baloner 0 . c liar s of the
City of Santa }lonlca.
this
On this 13 nay 01' Sentember, 193\:;', before me, the un-
dersigned, a notary public in and for tIle COUYlty of Los Angeles,
State of California, residIng therein, duly co:mn'l.ssioned and sworn,
personally appeared E. S. GILLET']'E, known to me to be CommIssioner
of Public Safety, ex-oi'ficio li1ayor of the City of .::;anta Monica, a
municipal corporation, whose name is subscribed to the foregoing
Acceptance of Deed, and he acknowledged to me that he executed. the
same on behalf of s~id City of santa. Monica, pursuaYlt to a Resolu-
tion duly adopted by the City Council of said City, and on said
/' day of September, 1939, personally appeared before we, W. w.
MILLIKEN, knOV'ffi tome to be the Commissioner of Public Works of
the City of Santa Monica, and he. acknowledged to me tr,p, t he attested
said Acceptance of Deed and affixed the seal of the Cit': of Santa
Monica thereto. .
..' 11': WITNESS WHEciEOF, I have and' af-
fixed my official seal ttedayand written.
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