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S. $,}$1.:2.9.......... 398 3-52 THIS FORM FURNISHED BY TITLE INSURANCE AND TRUST COMPANY FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, MARIE STEFFEN HUDSON, a married woman hereby GRANT(S) to PARKING AUTHORITY OF Th"E CITY OF SANTA M.ONICA the following described real property in the state of California, county of Los Angeles Lots "S" and "T" in Elock 96 of Santa Mbnica,as per map recorded in Book 3 Pages 80 and 81 and in Book 39 Page 45 et seq. of Miscellaneous Records in the office of the County Recorder of said County. Subject to: Second half General and Special taxes for the fiscal year 1952-53 Conditions, restrictions, reservations, covenants, e~~ements, rights and rights of way, of record, if any. t . ~ t The attached conveyance dated February 6, 1953 executed by Marie Steffen Hudson, a married woman in favor of Parking Authority of the City of Santa Monica is hereby accepted this 25th day of February 1953 under authority of a resolution duly passed by the Parking Authority of the City of Santa Monica on February 13, 1953. ,..~ ;J~ ~//a<?, ~~ Chairman of the Parking Authority of the City of Santa Monica. State of Ca,ifornia County of Los Angeles On February 25, 1953 before me, the undersigned, a Notary Public in and for said County and State, personally arpeared T. C. Mc Mahon Known to me to be the Chairman of the Parking Authority of the City of Santa Monica that executed the within instrument on behalf of Parking Authority of the City of Santa Monica pursuant to a resolution of the committee of Parking Authority of the Ctty of Santa Monica for said / ;Of} ~ U ~ lj '" Z z '" '" w ~~ < ~ 0 < ~ t Z 0 Q ~~ Z ~ ~ ~ p ~ z z ~;: < 0 iil <: :s f" ~ ~ ~ U) ~ ;;; ~ ~ e ~ i: 0 ~ ~ ;j ~! ~ ,..,' '" "''' "'i:l z m ><- Zm ~'" 00 ". I -- ~ ",~ f::z ~';'",,,, ~el ...I=l ;:is ~!;: ",:> "''':- ~ ~ f-o.ti z...... >-<< ~CJ) z;:" zz O~ 0< ~ ~w -~ Zt;;.l ~tf ~lXlJ:Q Zf-o<- ~&i3 ~ci3 Uz utf) ~t ~~ ~ ~zo z....~...o..o o'<ll "'::J~~~ CI) Q 0 o~ u~ S~!:5 8;;a ut; Ulof ~(/) Q3tj O~ 8VJ z ~:; ~~ u~~ w&; ~E 8~ ;tf ~~ u~ ~!; Z ;; ~ CI) ~ ~ ~ ca ~ ~ (I) J5 ~ ~ ~ ~ ~ ~ ,., ~ ....-4 Q: L'?_ Z M co CI)~ rJJ to< ~ 0 ~ ~ ~ ? ~~ ~ g ~ ~ ~ CJ) ~ f!!-<.-I,........... ,...." r- r_' r-I ~ 0\ o:::f< t- - 0 ~ o:::f< \.0...... iooool ~.... 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'" :E '" \\ ~ .g [ ~ +:! ~ !'B \:;I)' ,...., ~ ~ 0 ~ : 1:1 '" '" ~ ,oj, .--L~ j r~., 00 - = J5 o oj .c :r: :~'J ~ :z; .5:::; ~ gp!il~<\'l ~ P ~ .g t; ~ ~ G1 ;i ~ ' ~ ~ z o ~ "E ~'8~(/) iooool t:..... ~ Q.).... 0 (:....Q ~ ~ M :e ~ ~: ~ ~ Eo-< W t:<: ~ U ~::J .., Z z "", Z '"' Q < ~ 0 < =. o o~ z ~ ~ ~ ~ ~ 0 z ~'"' < . ~ ~ < ~ -< Z I>l -- ... 0 l:!:l, ..... - z 00 ~ ~~ < 0 ~ ~o ~~ ~ ~ ~ ~ ~~ ~w ~ W ~ < '" w" ~~ 7 if, ~- 700 Z~< ~ > _ w- ,", >00:: r' "'_ f-< ..... ~ ~~ ~~ ~::.:: ~< e-o~ e-oQ ~~ ::J7i >0> t~ ~ ~ Eo-iJof z.. >-<< Eo-iU) :z:::; ,ZZ Ot-l 0< E-<'" ..~ ~ z::- :;;;J~ fool.~p:j zr-: ;::J~ ~r~ Uz uU) z~ ~~ ~ ~ z 0 ~ z..... ;:J ~ c.. 0 "'. -< ":::;J W - ~ r'" ~ 0 0 t: u ~ :;;J ~ ~ 0 ~ u tJ u ~ ~ en ~ ~ 0 ~ 8 U'J VII~ Z u< oJ) o~~ UJ1 ~~ o~ r!3E-<" <~ UU'J ~ 7 U OtTl Z;tIl u~> r...:.. Cl~ ~w ~~ !XlJ; ~z ~z ~-< Bj~ o~ ~~~ ~~ ~~ ~~ o~ ~< =3 ~5 ~ ~z ~~ ~...~ <:;E ~....; 0.0 ~U) ~o j,..?; ~= ~ ~z 00 ~~~ 0= >~ zz :;;J< <~ ~f-< ~U ~> ~~ ~ W ~ ~~ < 8 ~ ~ fw- t5 ~ ~ :>-:I: ~ CI). r- ~ ~ a~ g ~ (f) J:3 ~ ~ ~ ~ ~ b .., ~ ~ p:; tr..-l Z ro co en;:: ifl f-< ~ 0 ~ _ .-l $ ~~ ~ ~ r- ~ ~ ~ ~!'ViIi ~ '"""'..-I ~ 1'""'1 t- ~ ~ '" ~ .~ E= ~ . ~. " SA 3.52 InsuAnce and"Trust eompany ~ I Title .r I A RECORD OF YOUR TITLE INSURANCE POLICY I 1.1 Its Amount $ 35,,000..00 Its Date P~I!f. 1953. ... 8 ..... Its Numbe~'" Fee $ ;/..?l)j t . PARTIES INSURED pAJKI.'l'(l AUTIlOltrlY . lftIB C%ft . SAftA _BIOA.. '1f.I1'tD ..,. BUDscm OWNER OF LAND AS SHOWN BY POLICY PARiUIIG Aci'f~ft ., DE 011'1' or SAl'fA IIOlfICA Description of land in the county of Los Angeles, state of California, as set forth in the policy: Lotll-Sft and ItTri 1n Block 96 ottbe el tJ' otSaftta Mentoa. I.. the elt7 or ___ 1Ioa1... .. per _, ftC_i_ 1. bMk,'9 ....~ 45 u.d lab.. 3 P*P 80 of ~.el1a_.. leo..... u.t. ott1.ce or the ...., reecr.r6W .,8&14 ...~.. 1 ;.. I This record of your title insurance policy is neither the title insurance policy itself nor a copy thereof, but is sent' for your convenience and information. The title insurance policy is usually held by the lender along with the fire insurance policy, until the loan is paid off. Be sure to keep this record, however, especially if you do not have the policy, for it may be useful to you the next time you deal with this property. Remember that the title insurance policy itself will show incumbrances, if any, against the property, together with all the terms and stipulations. ~ ~ U ~ '" ..: . u 0:: < ~ ~ 00 < N 0 ~ :x:: Q ~~ Z ~ ~ ~ ~ 0 ;Z; ~~ -< ;!; ~ ~ t-o < ~ -- '" 0 >-'" - z ~ z ~ ~~ ..: e ~ ~O >-~ ~ .., ~ cn~ iQ~ E-o ;j ~ r-- :< > Q; '" ~e "'''' Z >-'" >-0 ~'" Z;:; i!l ~ >-~ E=:!i ~~ >-0( ~~ ~ OS::oz >-> t~ ...-Z >-o(<...lIlZ-ZzU...:lC":...>,,,, ~ Z~ ::0": ...~~ Z,.: ::o~:=J< Z UlIl z!:; ~~ .., Q 0 ::0;< C::J (3"'" ::0"'0 - 811l 0< "",": ::o~ cc13 if:) 8~u~c~~8~ue tfe;cr:~::J8chu;. ~ 'Z U -< Olll U '" '" 1Il ~ '" 0 z -;. "'" '" ~;;, {/l >>~ ClE-00~O::w:o::f-o~z.......:z; <( 8", zoifi z-<< <-'>Z _1Il ~> o~ ~1Il ~:;; ~;. IY~ c::: ~ z- en -< -< -< ,...,J'.fJ to-I ~z;?J< ~[;i[:1 -:: >..;; zz9..: "",[:1 2ii; ~U ~ ~ -;;; >-~ "'''' ~.;::"'" <8 -[:1 ~i3"'" >:1: z_ :1::0:: '" olfJ", ;;,z_ ... If) r--"'" - UU 0 "'" 1Il Z ~ < ~ ~ ;J " ~ ......... e 0\ < - lfJ "'" 0 ~ ~ 0::: '-"....... 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Z M rolfJ:I:lfJr;: 0 cl5 .. -- ~ ~~ ~ ~ < ~ ~"... z ~~,....; ;:: r:: t.l ..-4 '- ~ ~ ~ ~ t- \0 ~ to-I ~...... M ~ · e ~ e -----.-_.....- , F~br~~ry 251 1953 ,1 ( ; I I l~l 1: j I"L. C.. , as Chlidral.n o:ttp.a~ inJ.!? }\u:l:.hcr:r:i,tj' L.-----... th~ C San'ta p h~~r~eeC1':"\ ;I~ l:H!;lif~,lrot , /'''', \ i,~,id ,luth(J:rJ:t~t thate.r~.ia ~~a~t deed tl'01~ Ma:rie 19. ."~< // .f Strila:nti Ifarry l;lu~so:n, b~r ~ ,f~:~/ grant deed .1:1. 'ti'tle ~,." ,-" ~,,' ,'. ;:........ ...1.'.1 ..., "'" A if', .~ l' "", "",'~'~ {~,r, -- ~,' ~"",', """',"',;' c: ..""-if-.,, 7'01,','1' .,~,.'''' -~,'~ <>, ,;;I, .....,', "'"t ' "'" .'...,,"~ "".,~ ...,,~ '1,;1 ""' L,! ",...;l\>. 7fV, ... "''' ,.. '\;.'+' ~"..... "" ~ "'" .oWl "". _... Q.. J. .., it\ "'" i 3,S;'F ' ~ai'i1i~)4'; ~t EJeq. j il(i,~Gel1fUliiJOU.S .,,-.- \. ,--,/ ./ .'"' ;?" '" u 1"oa !ift'de~ Golt""ffti, is ~ol".rlfeyed t() t.heParki,ng ( / /\ trl""( ...-{.,l..,,,).....lt- l"j!i1 ';"'''''''''''''~"'''' '''\''G\v......itiJ ''4IJJ ~ '....~-,'"'t-Ji;..,,4.J.-(~...,J~'J;,...~.'..~ \ \ /, '\~-~"""'" ....',,/ ''-~..q.'''''''' j' /. L'- /F, // """]7 .,~ /;,,~ # "/L,"."7..,:; ..-". vII: IfllP ~7.f' ~?/ 'f .'"'(f;' "lliJla1iOir~aUir~'"' l"arking Author i t~~ e1t~r 01" S.nta ltoniea F .'b1:"u.~1"3 2~; ~ 19;$3 /1 F l I ' I \ :r ji ':,L 0 ,,~etijU}1 ~~S ChilldnAanof: th~ t'a~lti:t~~ .A:u:ihority " ' ' / ~ ;)t a S.nta~4oni~jl\ i h~~~~;;';~" ~ 'beialt ot ;iJ~id Autho:rity ,th~t e~n.".t~~t/gr~~ti$$edt+ro:. ht.rie S. -t( '- '>/' .,/ s(:fnH'tuis'I,)'nJ ~l\./g3."tU,'!t iie-ed all title "..-------., \. ,,,'" ,"; ..,,4" "1,,,,.. r"\"'I '<>l:""'U'~ . ,.... "'''''et M.... ,i ,,' '...... ,,i.j/ .,,' ~". ( , ;, '.' " ..:/ ,,", , , " " ", '... _ '" " '11, ~Ul :l;n 39~ (~!I%~)/ 8i11~l q l~a,~H~<<;llfni.o1;~$ \ -.-..-" "'; .,~ :_,' .~--:....~ ~::' :;~:~~~,.>,:_." '1.~~~::;/'!1 ~ _. "~,_,, ~ ,_: ~''':_,~..~. ."''''?- _,_.... ,:, ," ),,'J;;:, ,d1~ d' ,;, i..,~)trl~'"'f.:;.'i ~CO"'1VEk!~ii:I r~rJtli.tQ~ I ' ". .. J ,.\ / ( / \ ~';'l~ f' ~, v. J. j " I '\, ....""'--~.~,."../ p/ . ,,_~;J' ...._~~~.,.,. I' '" "... -...... ~/ /// '1 ~/ /"'-' /_.._' f ,'..il'" /)''/19'' ,,;'...,,/1/ "~ ^ " /..-;, /'''"'> r/ ,;r" r/ /.'-":/;/J <t:-'"-'''{/)../ "':"'lr:"":i'elfiiii7"~o1!ifi_n~~'" ;?a~!id~ A\iithO~;l~~t1 G i tyof' S~nrta li~1e_ L-- ~ ~ e e . . . . CLTA Sta~dard Coverage Policy Form Copyright 1950 1012-1-50 Fee $ ;,"{V( Cr.:) 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 Qwner of which is insured by this policy, bilt 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 he hereunto affixed by its duly authorized officers on the date shown in Schedule A. TITLE INSURANCE AND TRUST COMPANY by 9i'qJ~ CUh-, PRESIDENT 4/ /''? v ~./ -..., Ii, ' -:"A~~'?"'" ~ '. .. / t:iJIl' v,;..-tt:-r../ ~''"'I'' "it' ,?;ll'~'1-"'I1< Attest SECRETARY \\ - - e emg e . . " ft 1012A 2-51 CL T A Standard Coverage Policy SCHEDULE A Amount $ 35,000.00 Date February 27, 1953, at 8 a.m. Policy No. 3801642 INSURED PARKING AUTHORITY OF THE CITY OF SANTA MONICA and MARIE S~FEN HUDSON 1. The title to said land is, at the date hereof, vested in: PARKING AUTHORITY OF THE CITY OF SAN'l'A MONICA 2. Description of land in the county of Los Angeles, state of California, title to which is insured by this policy: Lots ItStI and IlTtl in Block 96 of the city of Santa Monica, in the city of Santa Monica, as per map recorded in book 39 page 45 and in book 3 page 80 of Miscellaneous Records, in the office of the county recorder of said county. . . . ~ e e . '0 . . 1012B 4-51 ell A Standard Coverage Pallcy SCHEDULE B This policy does not insure against loss hy 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 a:lIeet 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 he 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, encumhrances, defects and other matters a:lIeeting the title to said land or to which said title is subject: 1. Second installment general and special county and city taxes for the fiscal ~ear 1952-1953 (Code Area 4788, Parcel Nos. 96-48-21 and 96- 8-22) amount $179.51. 2. Covenants, conditions and restrictions contained in deed from Santa Monica Land and Water compan~, recorded prior to February 15, 1950, in book 2735 page 22 of Deeds and as modified by an instrument recorded prior to February 15, 1950, in book 6628 page 96, Official Records. 3. Any defect in or invalidity of the deed of trust shown in paragraph 4 of part 2 of Schedule "B" arising out of or occassioned by any lack of power of the parking Authority of the city of Santa Monica to purchase property on deferred payments or to executed a deed of trust securing the unpaid balance of the purchase price. 4. A deed of trust dated February 6, 1953, executed by Parking Authority of the city of Santa Monica, to California Trust Company, a corporation, trustee, to secure an indebted- ness of $25,000.00, in favor of Marie Steffen Hudson and any other amounts paya.ble under the terms thereof, recorded Februa.ry 27, 1953. . ... - e e . . . ClTA Standard Coverage Policy Form STIPULATION S Copyright 1950 1012-C 6-50 1, SCOPE OF COVEIlAGE cuned or expended by the Company, which may be otherwise. The liability of the Company under this recoverable by tbe insured in any litigation carried policy sball in 110 case exceed, in all, the actual Ion This policy does not insure against, and the Company on by the Company on behalf of the insured. The of the insured and costs which the Company is obligated will not be liable for 1088 or damage created by or word "knowledge" in this paragraph meana actual hereunder to pay. and in no case shall 8ucb total arising out of any of the following: <.) defects, liens, knowledge. and does not refer to constructive know1. liability e1l:ceed the amount of tbis policy and said claims, encumbrances, or other matters which result in edge or notice which may be imputed to the insured costa. All payments under this policy shall reduce the no pccun iary 1089 to the insured; (b) defects, liens, by tbe 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 indebtedness shall subsequent to the date hereof; (c) defects, liens, 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 such loss or damage; or (d) A statement in writing of any los8 or damage for which demanded by any insured without producing this policy delects, liens, claims, encumbrances, or other matters it is claimed the Company is liable under thil policy for indorsement of such payment. existing at the date of this policy and known to the shall be furnished to the Company within sixty days in!JUred claiming such 1088 or damage, either at the after such loss or damage shall have been ascertained. date of this policy or at the date 8ucb insured claim. No action or proceeding for the recovery of any such I. MANNER OF PAYMENT OF lOSS TO INSURED ant acquired an estate or interest insured by this policy, loss or damage shall be instituted or maintained Loss under this policy shall be payable, first, to an,. unless such defect, lien, claim, encumbrance or other against the Company until after full compliance by insured owner of indebtedness secured by mortgage or matter shall ha,'e been disclosed to the Company in the insured with all the conditions imposed on tbe deed of trust shown in Schedule B, in order of priority writing prior to the issuance of this policy or appeared insured by i.bis policy, nor uole.. commenced witbin therein shown, and if sucb ownership vests in more at the date or thill policy on the public records. Any twelve months after receipt by tbe Company 01 such than one, payment shall be made ratably al their rights or defensell of the Company against a named written Itatemot. respective interests may appear, and thereafter any insured .hall be equally available against any person loss shall be payable to the other insured, and if more or corporation who shall become an insured bereunder 4. OPTION TO PAY. SETTlE. OR COMPROMISE than one, then to such insured ratably as their respec. all successor of such named insured. CLAIMS tive intere8ts may appear. If there be no such insured The Company reservel the option to pay, settle, or owner of iodebtedneM, any loss shall be payable to the insured, and if more than one, to such insured 2. DEFENSE OF ACTIONS. NOTICE OF ACTIONS compromise for, or in the name of, the insured, any ratably as their respective interests may appear. OR CLAIMS TO IE GIVEN IY THE INSURED claim insured against or to pay thil policy in lull at any time, and payment or tender of payment of tbe The Company at its own cost shall defend the insured full amount of this policy, together with all accrued 9. DEFINITION OF TERMS in all litigation consisting of action9 or proceedinp costs whicb tbe Company is obligated hereunder to pay, The following terms when used in this policy mean: against the insured, or defenses, restraining ordell, or shall terminate aU liability of the Company here. injunctions interposed against a foreclosure or sale of under, including all obligations of the Company with (a) "named insured": the pellons and corporations named a. insured in Schedule A of this policy; (b) laid land in satisfaction of any indebtedness, the respect to any litigation pending and lubsequent coats "tbe insured": sucb named insured together with (1) owner of which is insured by thil policy, which litiga. thereof. each luccessor in ownership of any indebtedness tion is founded upon a defect, lien, encumbrance, or secured by any mortgage or deed of trust shown in otber matter insured against by this policy, and may 5. SUIROGATlON UPON PAYMENT OR SETTLE- Schedule B, the owner of which inClebtednell1l io pursue such litigation to 6nal determination ill the MENT named herein as an insured, (2) any luch owner or court of last resort. In case any luch litigation Iball Whenever the Company shall have settled a claim lIucceeaor in ownership of any such indebtednesl _who become known to any insured, or in case knowledge shall come to any insured of any claim of title or under tbis policy, it Ihall be lubrogated to and be acquires the land described in Schedule A or any interest which is adverse to the title as insured or entitled to all rights, securities, and remedies which part thereof, by lawful mean. in .atisfaclion of aid which might cause loss or damage for which the the insured would bave had against any person or indebtedne.. or any part thereof, (3) any governmental Company Iball or may be liable by virtue of thil property in respect to such claim, had this policy not agency or instrumentality acquiring said land under policy, such insured shall notify tbe Company tbereof been issued. If the payment does not cover the losl an insurance contract or guarantee insuring or guar. in writing. If such notice shall not be given to the of tbe iosured, the Company lIhall be subrogated to anteeing said indebtedness or any part thereof~ and Company at least two days before the appearance day .uch rights, securities, and remedies in the proportion (4) any person or corporation deriving an eltate or in any such litigation. or if such insured shall not, in which said payment bearl to the amount of said 108s. interest in said land as an heir or devisee of a named wridng, promptly notify tbe Company of any defect, In either event the insured shall transfer, or cause to insured or by reason of the dislolutio~ merger, or lien, encumbrance, or other matter insured against, or be transferred, to the Company 8uch rights, securities, consolidation 01 a corporate named in.ured; (c) of any luch advelle claim which shall come to the and remedies, and shall permit the Company to ule "land": the land de8cribed Ipeci6cally or by reference knowledge of sucb insured, in respect to which loss the name of the insured in any transaction or litigation in Schedule A and improvements affixed thereto which or damage is apprehended, then all liability of the involving such right., securities, or remedi.. by law constitute real property; (d) "date": the exact day, hour and minute .peci6ed in the firlt line Company as to each insured having such knowledge of Schedule A (unless the context clearly requires a shall ceale and terminate; provided, however, that 6. OPTION TO PAY INSURED OWNER OF IN- failure to so notify the Company shall in no case prej. DElTEDNESS AND IECOME OWNER OF SECURITY different meaning); (e) utu:ing alency": the State and each county, city and (:ounty, city aod district udice the claim of any insured unless the Company The Company bas the right and option, in cue any in which laid land or lome part thereof is lituated that shall be actually prejudiced by such failure. The Com. loss ifl claimed under this policy by an insured owner levies taxes or alSessmeot_ on real property; (I) pany shall have the right to institute and protlecute of an indebtedness secured by mortgage or deed of "public records": those public records which, under any action or proceeding or do any other act which, trust, to pay luch insured the indebtedness of tbe lhe recording laws, impart constructive notice of mat. in its opinion, may be necessary or desirable to mortgagor or trustor under said mortgage or deed of tell relating to .aid land. establish the title, or any insured lien or charge, a. trust, together with all COS18 which the Company is insured. In aU easel where this policy permiti or obligated hereunder to pay, iD which case the Com. requires the Company to prollecute or defend any pany Ihall become the owner of, and luch insured 10. WRITTEN INDORSEMENT REQUIRED TO action or proceeding, the insured .hall secure to it in shall at once assign and transfer to the Company, laid CHANGE POLICY writing the right to so prosecute or defend luch action mortgage or deed of trult and the indebtednels there. No provision or condition of this policy can be waived or proceeding, and all appeals therein, and permit it by secured, and such payment shall terminate all or changed except by writiDJ' indorsed hereon or at. to use, at its option, the Dame of the insured for 8uch liability under thi. policy to luch insured. tached hereto signed by the President, a Vice Preli. purpose. Whenever reque8ted by the Company the dent, the Secretary, or an Assistant Secretary of the insured Ihall assist the Company in any such action 7. PAYMENT OF lOSS AND COSTS OF liTIGATION. Company. 01' proceeding, in effecting settlement, leeuring evi. INDORSEMENT OF PAYMENT ON POLICY dence, obtaining witnesses, prosecuting or defending 8uch action or proceeding, to 8uch extent and in luch The Company will p.y. in addition to any ]088 insured ". NOTICES, WHERE SENT manner as is deemed desirable by the Company, and against by this policy, all costs imposed upon the in. All notices required to be given the Company and any tbe Company shall reimburse the insured for any sured in litigation carried on by the Company for the statement in writing required to be fumi.hed the Com. expense so incurred. The Company shall be subrogated insured, and in litigation canied on by the insured pany shall be addreslea" to it at the office which issued to and be entitled to .11 COlt. and attomey.' feel in. with the written authorization of the Compaoy, but Dot !hill policy. .. . .. e e . . , .. N BLOC K 96 SANTA MONICA MISC. 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