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P-334Form iooz iz-iz-38 6oM ~ .F. K California Land Tide Association Standard Form Copyrig6t 1938 - .DT'. . __ ~~ Policy No. 1652868 . Z~l e. 12SZ1 ~'1,11'LC~ a~cd ~'ZISt 0~~2 ~lYl~1 ~ a corporation of Los Angeles, Califomia, herein called the Company, for a valuable considera- tion paid for this policy of title insurance, does hereby insure Tre, CITY "~JF' ~l~;,,;m,~ ~;~nT~~TCA~ 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 lass or damage not exceeding i~ine 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- mazketability exists because of defects,l'aens, encumbrances, or ather matters shown in Schedule B; or by reason af 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 dcfect in the execution of any mortgagc or deed of trust shown in Schedule B secur- ing an indebtedness, the owncr of which is insurcd by this policp, but only insofar as such defect affects the lien or charge of such mortgage or decd of trust upon said ]and; or by reason of prioritq, 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 Schcdule B; all subject, however, to Schedules A and B and the stipulations herein, a11 of which schedules and stipulations are hereby made a paxt of this policy. In Witness Whereof, Tide Insurance and Trust Company has caused its corporate narne and seal to be hereunto affixed by its duly author'ized officers, this F i r s t day o f ~~overnber I939 at 8:30 A. i;i, TITLE INSURANCE AND TRUST COMPANY by ~~~ ~' PRESIDENT ~ Attest ~ _~._ - ASSIS T CRETARY This policy consists of 4 pages which are numbered at the end o f each page. _ j.,.. ~ ,~,ee e/ ~ 3.3 3~ Sorm 1002-A 9-22-38' 62M • ~ ' . +~ • ,c ,c . ~ . '- _ +i,R SCHEDULE A [1.] The title to said land is, at the date hereof, vested in THE CITY Qi wAi~'TA I'i:flivTC.~,~ a municipal cor~or~.t3.on. [2.] Description of the land, title to which is insured by this policy: Lot 1 in nlock 2 of South Santa ~~~~onica, 3n the City of Santa I~:~onica, County of Los :~ngeles, State of Californi~, as per rr.ap recorded in Book 3 Pa~;es 86 and 8'7, ~~riscellaneous Records of said County. Page 2 ~33 ~ . • ` , ~' • Forxu 1002-$-1. ~9-22-39 *66M • ~ y ~ SCHEDULE B [A] The Company does not, by this policy, insure against loss by reason of : 1. 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 construc- tive 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 title to water. 5. Any governmental acts or regulations restricting, regulating, or prohibiting 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 snecial County and City taxes for the fiscal year i939-1~40, not e.xamined. L•ev~es for Santa i;''onica T~~unicipal Improvement District ~~o. l, created for CitS Par?~, may be inelvded therein. - Pa9~ 3 ~5.~ ~ ~ . '. Form 1002=C-1 3-22-89 6~M STIPULATIONS SCOPE . 1. This policy does not insure against, and the OF Company will not be liable for loss or damage COVERAGE created by or arising out of any of the follow- ing: (a) defects, liens, claims, encumbrances, or other matters which result in no pecuniary loss to the insured; (b) detects, liens, encumbrances, or other matters created or occurring subsequent to the date hereof; (c) defects, liens, encumbrances, or other matters created or suffered by the insured claiming such loss or' damage; or (d) defects, liens, encumbrances, or other matters esisting at the date of this palicy 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, unleas such defect, lien, claim, encumbrance, or other matter s6a11 have been dis- closed to the Company in writing prior to the issuance of this policy. Any rights or defenses of thg Company against a named insured shall be equally available against any person or corporation who shall become an insured hereunder as suc- cessor of such named insured. DEFENSE OF 2. The Company at its own cost shall defend ACTIONS the insured in all actions or proceedings against the insured founded upon a defect, lien, encumbrance, or other matter insured against bp t6is 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 NOTICE OF by virtue of this policy, such insured ehafl at ACTIONS once notify the Company thereof in writing. OR CLAIMS If such notice shall not be given to the Com- TO BE pany at least five days before the appearance GIVEN BY day in any such action or proceeding, or if THE INSURED such insured shall not, in writiag, promptly notify the Company of any defect, lien, encumbrance, or other matter insured against, or of any such adverse claim which shall come to the knowledge of soch 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 ter- minate; provided, however, that failure to so notify shal] in no case prejudice the claim of any insured unless the Company shall he actually prejudiced by such failure. The Company shall have the ri~ht to institute and prosecute any action or proceeding or do any other act which, in its opinion, may be necessary or desirable to establish the title, or any insured lien or charge, as insured. In all cases where this po(icy per- mits or requires the Company to prosecute or defend any action or proceeding, the insured shall secure to it in writing the ri~ht 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. Whenever request- ed by the Company the insured shall assist the Company in any such action or proceeding, in effecting settlement, securing evidence, obtaining witnesses, prosecuting or defending such action or proceeding to sach eatent and in such manner as is deemed desirable by the Company, and the Company shall re- imburse the insured for any eapense so incurred. The Com- pany shall be subro~ated to and be entitled to all costs and attorney's fees incurred or expended by the Company, which may be recoverable by the insured in any litigation carried on by the Company on behalf of the insured. The word "knowledge" ip this paragraph means actual knowledge, and does not refer to constructive knowled~e or notice which may be imputed ta the insured by reason of any public record or otherwise. OPTION TO 3. The Company reserves the option to PAY, SETTLE, OR pay, settle, or compromise for, or in the COMPROMISE name of, the insured, any claim insured CLAIMS against or to pay this policy in full at any time, and payment or tender of payment of the full amount of this policy, together with all accrued costs which the Company is obli~ated hereunder to pay, shall terminate all liability of the Company hereunder, including all obligations of the Com- pany with respect to any litigation pendin~ and subsequent costs thereof. • i . t SUBROGATION 4. Whenever the Company shall have set- UPON PAYMENT tled a claim under this policy, it shall be OR SETTLEMENT subrogated to and be entitled to all rights, securities, and remedies which the insured would have had against any person or property in respecc to such claim, had this policy not been issued. If the payment does not cover the loss of the insured, the Company shall be subrogated to such rights, securitiea, and remedies in the proportion which said payment bears to the amount of said loss. In either event the insured shall transfer, or cause to be transferred, to the Com- pany such rights, secarities, and remedies, and shall permit the Company to use the name of the insured in any traas- action or litigation involving such rights, securities, or remedies. OPTION TO PAY 5. The Company has the right and INSURED OWNER option, in case any loss is ciaimed OF'INDEBTEDNESS under this policy by an insured owner ~ AND BECOME of an indebtedness secured by mort- OWNER OF gage or deed of trust, to pay such SECURITY insured the indebtedness of the mort- gagor or trustor under said mortgage or deed of trusi, together with all coats which the Company is obligated here- under to pay, in which case the Company shall become the owner of, and such insured ahall at ance assign and transfer to the Company said mortgage or deed of trust and the indebt- edness thereby secured, and such payment shall terminate all liability under this policy to such insured. NOTICE OF 6. A statement in writing of any loss or damage LOSS for, which it is claimed the Company is liable under this policy shall be furnished to the Company within sixty days after such loss or damage shall have been ascer- LIMITATION tained. No action or proceeding for the re- OF ACTION covery of any such loss or damage shall be instituted or maintained against the Company until after fu-1 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. PAYMENT OF 7. The Company will pay, in addition to LOSS AND any loss insured against by this policy, all COSTS OF costs imposed upon the insured in litigation LITIGATION. carried on by the Company for the insured, INDORSEMENT and in litigation carried on by the insured OF PAYMENT with the written authorization of the Com- ON POLICY pany, but not otherwise. The liability of the Company under this policy shall in nq case exceed, in all, the actual loss of the insured and costs which the Company is obli~ated hereunder to pay, and in no case shall such total liability exceed the amount of this policy and said eosts. All payments under this policy shall reduce the amount of the in- surance pro tanto, and payment of loss or damage to an in- sured owner of indebtedness shall reduce, to that extent, the liability of the Company ta the insured owner of said land. No payment may be demanded by any insured without produc- in~ this policy for indorsement of such payment. MANNER OF 8. Loss under this policy shall be payable, PAYMENT OF first, to any insured owner of indebtedness LOSS TO sewred by mortgage or deed of trust shown INSURED in Schedule B, in order of priority therein shown, and if such ownership aests in more than one, payment shall be made ratably as their respective interests may appear, and thereafter, any loss shall be payable to the other insured, and if more than one, then to such insured ratably as their respective interests may appear. If there be no such insured owner of indebtedness, any (oss shall be payable to the in- sured, and if more than one, to such insured ratably as their respective interests may appear. WRIT'TEN 9. No provision or condition of this policy INDORSEMENT can be waived or changed eacept by writing REQUIRED TO indorsed hereon or attached hereto signed by CHANGE the President, a Vice-President, the Secretary, POLICY or an Assistant Secretary of the Company. Page t~ ,~,,,3.~ ~ ~ ~ ~ , +. ~i ~ ~ " • . ,~ i . ~ , '- . -J . • . ~ . 50U~H SA NTA /70/YICA BL OCKS / A ~VD ~ BOOK ,3 PAGE,S B6, 87 OF /~/1SC'. F2ECO~pS m~ ~~~ J O 00 ~~~ ~~ o ~~ ~ \ \p0 ~~` R ~o Z ~ ~ P~ PP\P~ ~~'~ a o ~ ~ , ~, ~, r ~V ~5~ ,( ~ \GY ~ m~ \ Th9iS I$ NUt 4 SUf-{~/EY OF TME LAND BUT IS f:OMPILED FOR INFORMATION ONLY FROM DATA 9HOWN BY OFFIGAL RECORLS ~`.~3 ~ ~ ~ ~tle, .~nsu ran ceJ . ° ~ ~ and ~ . . .~ ~r~u.rt ~om any ~ 1 • KERN COUNTY ' 171~ CHESTER AVENUE BAKERSFIF.LD RIVERSIDE COUNTY 3(~¢O MAW STREE'C, RlVERSIDE SAN DIEGO COUNTY I02H SECOND STREET, SAN DIEGO , SAN LUIS OBISPO COUNTY ']']~ HIGliF.RA STREET~ SAN LUIS OHISPO SANTA BARSARA COUNTY 920 STATE STREET SAUTA BARBARA ~ TULARE COUNTY 204 WtiST MAIN STREET~ VISALIA . VENTURA~COUNTY . 4'71 MAIN STREET, VENTURA ~ . 0 ZC~I 0 . Zt ~ nsu~~nce~ fITLEIVSURANCE BUILDING TITLE INSURANCE AND TRUST COMPAI~IY ~ I N C O R P O R A T E D I S 9 3 433 SOUTH SPRING STREET, I.OS ANGELES U. S. A. ~~tle~ .~nsu r~n ~e~ and ~r;u.~t ~om any 1~ KERN COUNTY . 1~15 CHESTER AVENUE ~. BAKERSFIELD ~~~ RIVERSIDE COUNTY 3940 MAIN STAEET~ RNERSiDE ~ . SAN DIEGO COUNTY ~ I02S SECOND STREET~ SAN DIEGO SAN LUIS OSISPO COUNTY ']'J'J HIGUERA STREET~ SAN LUIS OBISPO SANTA BARSARA COUNTY ()20 STATE STREET SANT.4 SARBARA . TULARE COUNTY 204 WEST MAIN STREET~ VISALI.4 VENTURA~COUNTY , 4'~l~ MAIN STRBET, VENTURA ' ~ ~ . ~ ! ~' 1 a. . . , i, , ' RESO~UTZaN rTO. ~365 f~ R~?S~LU'j'~`OP~ AGC~;."TZP:C C'z::~!~1~:'I' DEi;L ~+'HOIai i~~:i!1~ s:~. CATES, A ?;ll;c~i~7. ~li:~ CI`C'Y CQ~(Tl`~CIL 0'i '1'Y~: GI`1'Y'~~" 5~=1,iA ~;.0?`.I~;,':. r~.it~:tsY ~ti.~~,i)LVFS: 2'hat tne' ~nnExed Grarzt I1eec f'rom i;iary ~. Cates, a ti~Ti~ow, af' th~.t ce~t~in re~.i property i:n the City of Sarit~ ~.=onic~, Countj~ of ?os tan~eles, Stat~ oY Ca.la.=ornia, aescri~e~ as: T,ot l in Block 2 o:z ~outh Sant~~ ~~':onic~, in tne ~ity. of Santa :;_~nicu, ~ount~ o~` Los An- ~;eles, Stat~e of C~.liiornia, as per r,~ap recor- ~ed in,Boak ~ Fa~;es ~6 arc 87, ~:<i~cell~:ne- aus i~ec~r~s of said ~ounty, Qe,, ~.nd ;the s~me is, hereb~; _:cce~ted.. IT ;~; .G~CJ'rc`i'F~_~~ ~~.i-SJL~,T~:1~: ThS.L tlze Cor:~i:lission~r ~f ruUlic Sa~e~y, ;ex-officio :,~avor, pe, and i1e here~,y~ is, ~.ut'~io~ized ar~d instruct:~~ to execute the annexed ~.ccept~.n ce of `Leec, ar_ci tl.e Go~~- m~:ssione~ of ~ublic ~WOrks, oe, ~:nd he' nereby is, autnor•ized ana ~nstruct~a ~o attest 'the sam~ and affix the seal oi the Citv of Sarita itiionic~ t~ler~~a. That the Comr,iissioner of F~u~lic Saiet:v, ex-a! ficio .~`_a,yor of the Gity of' Santa s_onic~:.,' be, and lie ~.ereby is, , aut~iorized and instructe~ to certiS'~T to the ~c:.o~tion of this res~luticn, ancl the Commissioner of ~`ui~lic `t~r'or:~s, bE,_ ^na he hereb~~ is, ~_uthorized and instructed `to attESt the s~iie. 1!~OP`~'±~D this 25th d~sr of uctober, 193G, b,y the fallow- in~; vo ~ e • AYES: ~Sllilsen, Gillette nTOES: None . ABS~T;T:; t~one ~ vommiss oner of 1ublic S~f'et~,~, e._- , oflicio i+-a.;Tor oi t~~e C;t~r oi' Sarita > , .onica. t ~T 1 k~~T ~ ,,:~--~ ~~ ~ ~~ ~ ~ " ~ ~f ~ ammiss oner of uplic v orks oi the Citv of' Santa I+~oriica. Approvect as to f'orm this ,~`.~ da~~ oF : Oc.~o~ r, 193~. !~U• ~ ~ ` ' ` ~;ar~.el.ius v~.` ~rlclnerr_5r,: - r ~it~ :' Attorney. , ; ~ . ~ ', ~.~3 s~ ~ . ;; ., ,. . _ , . ~ * ~ , ; ~ . ;, i ~ . ~ ~.~ilii,J~r~ i.ilN LL ~i~ ~.~L,i,~ . . . ~ ~ ~ . ~ ..~ . . . ~ . . . . ~~~~.w . ~ . .. ~ . . ~~ . The ; anne:~ed ~eeci is her~by ~:cceptEd this 25t~t ~=~j:r nf _ (3etaber, lU~~. `. CIT~ 0~' Sx'; ~ 1'~ ~,"OI~Ti+;l_, a municitial ~ corpor u tion,. , $y - Gornmissioner of rublic ~~fet~r, ex- ' . o~f'icio .«_~t,-or oi tn.e C:i~; of' S anta ,,,;.oni c ~:. ,' p~~*` :- ~''~, ~ .~~/ `~ ;;~' ` ~' I ~~ C r.~missic~ner of t'u~lic ~'tor~s o.P the' _ Citti o~' Sa.nta ::.~nica. . I Appravee~ as to i'orriz this ,,~5` d y flf . Octobe ,'`1~3~, ,I t /„ !/l/, ~ ornelius :~T. i~c nern~~, ':Jr., C7 Attornev.' , ~ S`F#~:2~ OP C~LI~~O~~~~1~`~, .}SS. ~~ COI7I`:`t'Y 4F` LJS l.T~ u~.~L~S. ~) ~ ~ ~ On thi~ 26th a~_~r af ~ ctober, 193~, before rie, the un- aersi~nscz, a rotar~y ~~~blic in ~ c1 ~or the County of Los nn~~el~s, St'~~e of California, resi~in~, t ierein, duly commissioned ~.nd sv~~c~rri, pervonall~* ~~pearea. :~~. S. rTIi~L TE, Kno~^,r~ to r~~E 'to 'oe Comtr?.issior.er• of 'Publie SafEtj~, ex.-offici~ i}=2 :~r o£ the C-ity oi Santa i.'_onic~, a muni~.i~~l. cor~or<<~ion, cvY~ose- na ~e is suUSCribed to t_r,e fcrn :•~3.~~ ~lccentance of Deed, arc~ ?~e ae~n wled~*ed to r.~e that he axecuted the same on beh~lf. of saici City oi ~nta L;oni.ca, pursu~nt- to a Resolu- ti~n dul;~ ac:opted by the Cit;~ C uncil of s=iie Cit~~, ar~d on swid ~5th d~y oi ~ctoi~er, 193~., p r5ona11~ a.pp°ared before :re, '~J. ~1J. '_,RILT~IK.H~.`~, kn~ti~rr t~ :~:~ t~ ~`~e :ti~e Coanrais~ion~r ~i ~'u~lic '~'•'or~is of the. ~ity o.f -Sar.ta i~.onicn, anc~ h ~ckno~vled~ed to ~n~ that l~e ~ttestea saicl Aceeptaz ee oi' T3eec1 anc~ af'f'i:~ed t~ie seal of the Cit~ of Santa iw:oriica thereto. ' I~' `~a1.~1'1:LSS Z~urT~~ ~F;G~ t II haTae nereurnto sst 7::y l~~r_d wnd a~`- t'ixed my official seal the aav }..nc1 ye~r ?'irst hereina'~ove ~vritten. '.,. o c_ ~?~~ rot rJ l'ublic in ana for s~ Count~ ax~d Stat~.' ~., ~ , ~ - ~- ~ ~33 ~ ~ ~~ ~ Form 398-8-83 ~ ~ ~ A~ ~: R: ~s. ~-. i - ~._` .. ~ . . ~ , . F .. . ~ . . (~x~~t~t~ ~~e~e~ . _ .. In consideration of $_.~~~Q__________________ receipt of which is acknowledged, ; ;~ ~ARY E. CATES , a widow ; ~ ~~ ~ ~ ,y` ~i ~ whose permanent address is --------------------------------•--------------------------------------------------------------------------- ~ ~ do--~~->--•--hereby grant to --------------------------------------------------•--------------------------------_---------- ' ~ 5 ~i`~ ~ ~~: : ~~`" ~he ~ity oY 58nta A~onica, a municipal corporation ~ wliose permanent address is ------------------------------------------------------------•---------------------------------------------------------------------- , the real property in the ______________ y ______ il -----------------------•--•-•--•----------------Count of------ Lo s__ 1~;?gel es-------------- -, i~ State of Californ' , described as : Y ~i i~ Lot 1, $l+~~k ~, of ~outh Santa B~oaica, as showg an map recordad in ;; Boo~C ?, page~ 86 and 87, of ~isc611aneous xecords oP the County oP 'I Lc~s Angel es Dated this___________11~h._______..day of ---- 0 c t_ c~ier --------------------------- --- ~9 ' ' ~ ~ ii , -- --- - ---- - ~ --•-/---- ----- ------------------- ------------------------------------------------- I! 'I -~`-33 SL _ , -~ . ,-: _~ '. ~~ttte af ~Stt~ifnrni~, i' Cituttntg nf..__ Los._ ~ng~.le_~..------~---~---- }~,~ , ~ On this--------------11th.--------day of.------- --Q_~ t_ab_~r_----------------------------> 19----~~---, before me, ~~ ----------------------------------------~-I,~lD~~---]~~---S~I~-----------------------------------a Notary Public in and for said ~~ ~ County, personally appeared _._~~.X__.F'Y~R__.~6.~51____________________ -------- ------------------------------------------------------------- ; , -------------------------------------------------------•----------------------------------•--~..---------------------------- -----------------•-------------------------------------- ~ ----------------------------------------------------------------------------------------------~--- f--------------------------------------------------------------------------------- known to me to be the person_________.__whose name___.._~.~ ___________________________________subscribed to the foregoing instrument and acknowledged that____..__.__s_~~___._._....executed the same. ~i~1tP~ my hand and official seal. r------.. J , ------------ - -------------- ------- - - ------- -- `-- - -- - - ------------- ~! . tary Public in d for said County and State li'Iy Commissior_ ~xr,.res ;, ~.. , "c, ,, , b ~ M C'J z y ~ e ~ r ~ h"+ y ~"'~ ~ ~ ~ ~ z I ~ a H [ ~ f~ ~ ~~/1 a ~] I~ ~ ~ O ~ ~ ~ ° ~ d ~~ ~~~ ~ z~ ~ ~~ ~ .~ _ . ~ , __.______. _ . _ _ _ __._ _ ____..________ ~, ~~ wy ~ y ~~ fi ~ p ~ j ~ C ~ C ~~ y ~z ~ » n~ r z 2 g . ~ v~y, ~''' . ',.,I.,,~ C A 9 A y N ~ yy ~ ~ ~ry"y'~ . . . ... . . C . ~ f~if I~+f ~ ~ 7.7 ~ x I`~-a F M `~' ~9 . ~ ' x C) ~a ~y Mpy w ~ Z ~ z~ g~ x~ z'~ K"p ~'A c"'iD 0 '~ ~I xz yy~~~777 °~ ~~< ~ y o 1v-T' z ,. y C" H r] L~y ~ m`Ii H M x , ~ ' Vi O Y~ ~ h~'f ~'j f~ H ~' ti 10 ~~ CD ~ . ~ C n y ai t~n H ~ ~ m'" y G. ~ ~ ~ H:~. x': ~ a y s ~"~y o~ "a ~p dn qa"~ w~ a, ~ ~ ~y ro a~ int~ o a^ `.°~.H ~ ~ "0 ~ a ro ~ ~ y~ z O~ m W~ ,^ ~ ~ C1 !I O 'Q ~ ~ h ~ ti ~ . „ oti y y 7 ~ . . . ... . ......._ _,_ ." ...y. . ..... . .. ,.. • . ~._. . . . . .._. y. i7 1 ~ ~~~~~~ . x t