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P-182 (2) , · ~.: 0 .. I . .. '.! .. ' I' ~ .Affix United S'l;ates I~ternal lievenue Stai rps the amount Df ,50 I . · I 0,/11/., (}46' BDOl\ D340 FAGf518 , - ..11 'I ,J ' I ' i IV I . I " /' ! . f'l . . , . ' . VGeO -#- I ~'J.. (( j Gi{j.~l{T :0EED ~..l.( l'fl!lJlr.__~'m 1"O:i AND IN CONSIDEHATION of the sum of 750.00, receipt of \';hicn ls hereby aCl{nOl1111edged J HYD.30-Y>;IILL GO., a limited partnership~ does grant and conve~.r to the CITY OF SANTA MONICA, a municipaJ. corporation, that certaill real property in the C-l, of Santa ifJoniea, Gaun of Los Ange~es, State of California, more particuJ.arly descri~e(j as ~ folloVJ:3: ,,)~~,'t", -~:~ · .....,.......1 B~G IliN ING : t the ffiO s t rWl t h ~ r 1, "'>rne PO j Lot., ...... . Block 30. ~rkenbrecner lcate ~anta hon~ca ~ract 1. '. as Del' -maD r'ccoj:,ded in Book 6. 26 and of Ma'lJ,ci ~ [" .. - ,.:....,. ..,' j i t1 tn' e' (', "'J,' " en ") D "^e )', ("f" ">0""" o'P La" 1" "r, ('0" '1" t-,. ,':',' _ '.__':.A.'- ",..1., v.ll..l............l. 1,...';",1.,. J,,,c....',,)... t::-J.. ..I., - i;;J .......:;) ...... 1....1. J.v;r'~, - ---~ thence southerly the easterly line of saId Loi; 1 . , a distance of . feet to a point; thence South , . 15' 45 West a distance of 69. feet to a point; thence North 150 20r 32 East a distance of .13 fee t r:101-'"oG 01-' les S ::'0 "i:L18 rlor)ther 1 i n8 of na.:lti :-~~o t ~. > thence easterl~ said line an arc d:Lstance of 16. I n1:JPC OP less to the Point of ion , Dat(-:~d this _da? C)f' __ _, '1 ~ __{YD_i'-;~O-IvIILL CO_, , a l'J'mi~eo- nQ~~ne~s111D '\. ..':........ v .. :."".......... vI. ..... .. .......(... ~ ~. ,,~- General Partner ~ 1. . :Pre. e.c{ ~ cI'" 0( ... 1 ! .' . .-,..- BOOK D340 PAGE~19 STATE OF CAUFORNIA COUNTY OF . S5. _.__.__._..1.~"'!li~~~?.--_._--_._.} n........l?~5~.~~!?_~.!..J.D.J_..J..9 2_~..--_._~--_..- efore me, the undersigned, a Notarli Public In and for said County and State, persona Iy appeared _.._.__.LIlBA....M...__WEILl .8"" ...kn.Q.WLj;;_Q._.m.~. .D....D.e.;_:t.b.e...,..G.e.n.e.ra.l-Ear.:t.ne.I'_....._....._.. '\;~.i4.._.._~---:-...--._~_......~,....__._...._-_._...__........_.....-.................... ~l!" ,"''', of the ',:..~a~FefP.~tbat~ClCute.d the wi~. instnunent, and 'ae' 'i~,;i Jio,~e .ge4 t~'me~at,suehpilrtileIShip executed the same. ~"" ,.....,,',' " , . '.' TNESSmYh~di,nd.ofticialseal. : i:~~~l'''; ... . ;,.(~,~:.~:..:.:'. >' \,;'^',:' ~'.', ' . "'1'\"' ~ dJfl "" tr i1 ..' ,'I' .. -'",' . "',' . (Seal) .,:_....,O";"jl;~_.....~' ...... .. ..:.. ..... ....:_.. ..-........- . otarJ Public: III for said CoUllty and State. tN r.nmm.i!;sian txr:ire.~ Acr. R. 19fi1.' I I I - ~ ,l ~ ~e e e t ) '/.. "', . I .# ; - ~ . . . '< CERTIFICATE 8iJD~ D3.10 PAGfS20 . . This is to certify that the interest in real property conveyed by grant deed # 182 (CCS) dated December 10,1958 from Hydro-Mill Co., a limited partnership to the City of Santa Monica, a political corporation and/or governmental agency is hereby accepted by order of the City Council of the City of Santa Monica on October 30, 1958, and the grantee consents to recordation thereof by its duly authorized officer. CITY OF SANTA MONICA, a municipal corporation ~..-./ lty anager '" ~ ee e . . II.f "J. . r c,-' J, . 't' . . .. - . . DEED 182 (cas) .. SOOK D340 PAGE521 USOL111'tON NO. ao;~ , (CITY COWClL SERtIS) . A RESOLUTION or 'ftIEelft COUNelIi OF 'tHE CITY . OF SANTA _lOA AtnHORI2:ING TH1t ACQUISITION or A P ARCELOF PROPERTY POR THE PmtPOSE OF EXTENDING TWINTY-SIl'1'll S!'UET :rROM COIiORADO AVENUE '1'0 CIiOWRJ'IIL.D BOULIVARI> AT MICHIGAN AVENUE IN '1'HI CITY or SANTA MONICA.. AND DtREO'J.'ING ftI Clft JlfANA(JER TO DO ALL THINGS NBQESSAlY '1'0 ACQUIrut SAID PROPERTY Am> RECORD THE DiD THlBETO. I WHlRIU.S.. ~heCity Council has heretofore determined to I extend Twenty-sixth Street t~ Colorado Avenue to Cloverfield Boulevard at M1ch1ga.nAvenue in the Oity of Santa Monica; and WltIUAS.. tunds have been bUdgeted theretoI'; and WHlREAS, a condemnation aotion bas been tiled for the purohase 0,17 the neo".tlaary property to effectua~e sald extension} and WHEliIAS.. the Clty Attorney reports tha~ he ba$ completed negotiations tor one ot tne necessary parcels ~n said condemnation sUit; NOW, fHDEli'OU.. '1'RB OITY OOUNCIL or TIm CIft OF SANTA MONICA DOSS Rl$OLVBAS POLLOWS: SECTION 1. The Oity Manager is hereby authorized to 17orth.. wi ~h purohase trom HYDRO-JlllILLOO.. a l:tm1 ted partnership, that oer.. tain realproperiy hereinafter described for ~he price of ,4.750,00. Said property is described as tollows: 1>aroe1.4: Beginning at the most northerly corner ot Lot 1.. f5:r~k 30.." :&rkenbrecher Syndiq.ate Santa Monica Tract as per map recorded 1.n Book 6" Pages 26 and 27 Of Maps in the Of- floeof the,)Ilecorder of Loa Angeles County, thence southerly "lengthe east,rly 11ne of said Lot la distance ot 43.87 t~ettoa point; thence South 45- 15' 45" West a distance ,of 69.71 feet to a point; thenoe North 15- 201 32" last a distance Of 88.1~ ,teet mo~ or 1e88 to the northerly line <ilt 88.14 Lot l..thence easterly along said northerly line an arcdistanoe of 16.60' more or le88 to the Point ot' Bel1nnjmg. 81ftION 2. The price shown in Section 1 abOve 1.$ the C1ty's apPra..1sed value. -1- J ~/~ '. e e _'. . .. -.."... ~'," .... If .. ...-: ,,' :. . ... 11 . . BOOK 0340 PAGt522 ~ SEmON 3. -rhe City Jlanager i8 instNcted to immediately open an ,esQrOw and execute all inetruments necessary and ,do all other thinsI' necessary to effectuate the transfer of the above described -. property. and on the aCQ,uisition of the necessary deed to said property, to record the eame. SlClfION' 4. The City Clerk shall certify to the adoption of this resolution and thenceforth and thereafter the same shall be in tull force and effect. ADO''fBI) and APPltOVJD,) this 30th day of Octobor , //',/ ", / ,".v / ,.,' . l/ I\~i v/\, " j .1l.( let ljct,." /.:, , '. , Mayor certifY that the foregoing resolution was duly Council 01' the CU, ty 01' Santa Monica at a ~",'J.~ meeting th.ereof, held on the ~h day 01' OtItoQ'~ ,1958,by the ,tollowing vote of the Council: Am: Councilmen: Drooniok, Hille,. Kinter, fhornbury, Hart NelS: Councilmen: No.he '''1'''' dS1D1T: Councilmen: trantz, JUdson ~,> 'it<"~',,, . ,";;:.;" , ,i:." "C/ ...-, <', . ,. '..'1. /' ::X./'- , '~ ' f.." 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", " "< 0 0 - 0 , 0 , "' eo", · . . <" 0 o~ ,......, ~ "'i '" ~ ,~~ '" ::g:;; :>-< '" Z :t 0 g Z 8 ro -<: u m... <'I <Il u> -'" ......~"'......oz:t ole; z.......: 8m:;:;: <Il "" ...... .".~ ~~ O-e ._ 0 ~"'~ _ _: ~ r....' rl'. O............~ ~ "'0 ....~ 0 ~ ,......; ... "" -- ~ ;..~ ~ ~, ....;! ~ ~ - ; -- ~. E-o =: - ,l . E:E-o _ .. ' .- . . e e . . 4 ~ ~ . . LOTS 1 AND 2, BLOCK '0, ERltENBRECBER SYNDICATB ALIO ID1' 1 III I\LClCIt 29 1~.\P, )0 THIS IS NOT A SURVEY Of THE LAND BUT IS COMPILED fOR INfORMATION ONLY FROM DATA SHOWN BY OfflCI4L RECORDS . . . . . . . " . - . 1012D 9-56 California land Title Association S T I P U LA T I 0 N S Standard Coverage Policy Form Copyrigh! 1950 1. SCOPE OF COVERAGE curred Of expended by the Company, which may be otherwise. The liability of the Company under this recoverable by the insured in any litigation carried policy shall in no case exceed, in aU, the actual loss 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 loss or damage created by or word "knowledge" in this paragraph means actual hereunder to pay. and in no case shall such total arising out of any of the following: (a) defects, liens, knowledge, and doc$ not refer to constructive knowl- liability exceed 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 costs_ All payments under this policy shall reduce the no pecuniary loss to the insured; (b) defects, liens, by the public records. amount of the insurance pro tanto, and payment of loss encumbrances, or other matters created or occurring or damage to an insureq owner of indebtedness shall subsequent to the date hereof; (e) 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 the insured claiming such loss or damage; or (d) A statement in writing of any loss or damage for which be demanded by any insured without producing this defects, liens, claims, encumbrances, or other matters it is claimed the Company is Hable under this policy 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 insured claiming such loss or damage, either at the after such Joss or damage shall have been ascertained. 8. MANNER OF PAYMENT OF LOSS TO INSURED date of this policy or at the date such insured claim- No action or proceeding for the recovery of any such 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 any 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 have been disclosed to the Company in the insured with all the conditions imposed on the deed of trust shown in Schedule B, in order of priority writing prior to the issuance of this policy or appeared insured by this 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 after receipt by the Company of such than one, payment shall be made ratably as their rights or defenses of the Company against a named written statement. respective interests may appear, and thereafter any insured shall be equally available against any person loss shall be payable to the other insured, and if more or corporation who shall become an insured hereunder 4. OPTION TO PAY, SETTLE, OR COMPROMISE than one, then to such insured ratably as their respec- as successor of such named insured. CLAIMS tive interests may appear. If there be no such insured The Company reserves the option to pay, settle or owner of indebtedness, 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 8E GIVEN 8Y THE INSURED 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 the insured full amount of this policy, together with all accrued 9. DEFINITION OF TERMS in all litigation consisting of actions or proceedings costs which the Company is obligated hereunder to pay, The following terms when used in this policy mean: against the insured, or defenses, restraining orders, or shaH terminate all liability of the Company here. (a) "named insured": the persons and corporations injunctions interposed against a foreclosure or sale of under, including all obligations of the Company with named as insured in Schedule A of this policy; (b) said land in satisfaction of any indebtedness, the respect to any litigation pending and subsequent costs "the insured": such named insured together with (1) owner of which is insured by this policy, which liti.ga- thereof. each successor in ownership of any indebtedness tion is founded upon a defect, lien, encumbrance, or secured by any mortgage or deed of trust shown in other matter insured against by this policy, and may 5. SU8ROGATION UPON PAYMENT OR SETTLE- Schedule B, the owner of which indebtedness is pursue $uch litigation to final determination in the MENT named herein as an insured, '(2) any such owner or court of last resort. In case any such litigation shall Whenever the Company shall have settled a claim successor in ownership of any such indebtedness who become known to any insured, or in case knowledge acquires the land described in Schedule C or any shall come to any insured of any claim of title or under this policy, it shall be subrogated to and be part thereof, by lawful means in satisfaction of said interest which is adverse to the title as insured or entitled to all rights, securities, and remedies which indebtedness or any part thereof, (3) any governmental which might cause loss or damage for which the the insured would have had against any person or agency or instrumentality acquiring said land under Company shall or may be liable by virtue of this property in respect to such claim, had this policy not an insurance contract or guarantee insuring or guar- policy, such insured shall notify the Company thereof been issued. If the payment does not cover the loss anteeing said indebtedness or any part thereof, and in writing. If such notice shall not be given to the of the insured, the Company shall be subrogated to (4) any person or corporation deriving an estate or Company at least two days before the appearance day such rights, securities, and remedies in the proportion interest in said land as an heir or devisee of a named in any such litigation, or if such insured shall not, in which said payment bears to the amount of said loss. insured or by reason of the dissolution, merger, or In either event the insured shall transfer, or cause to writing, promptly notify the Company of any defect, be transferred, to the Company such rights, securities, consolidation of a corporate named insured; (e) I lien, encumbrance, or other matter insured against, or "land" : the land described specifically or by reference of any such adverse claim which shall come to the and remedies, and shall permit the Company to use in Schedule C and improvements affixed thereto which knowledge of such insured, in respect to which loss the name of the insured in any transaction or litigation by law constitute real property; (d) "date": the or damage is apprehended, then all liability of the involving such rights, securities, or remedies. exact day, hour and minute specified in the first line Company as to each insured having such knowledge TO PAY INSURED OWNER OF IN. of Schedule A (unless the context clearly requires a shall cease and terminate; provided, however, that 6. OPTION different meaning); (e) "taxing agency": the State failure to so notify the Company shall in no case prej- DE8TEDNESS AND BECOME OWNER OF SECURITY and each county, city and county, city and district udice the claim of any insured unless the Company The Company has the right and option, in case any in which said land or some part thereof is situated that shall be actually prejudiced by such failure. The Com. loss is claimed under this policy by an insured owner levies taxes or assessments on real property; (f) paoy shall have the right to institute and prosecute 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 such insured the indebtedness of the the 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 tera relating to said land. establish the title, or any insured lien or charge, as trust, together with all costs which the Company is insured. In all cases where this policy permits or obligated hereunder to pay, in which case the Com- 10. WRITTEN INDORSEMENT REQUIRED TO requires the Company to prosecute or defend any pany shall become the owner of~ and such insured CHANGE POLICY action or proceeding, the insured shall secure to it in shall at once assign and transfer to the Company, said writin.g the right to so prosecute or defend such action mortgage or deed of trust and the indebtedness 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 writing indorsed hereon or at. to use, at its option, the name of the insured for sllch liability under this policy to such insured. tached hereto signed by the President, a Vice Prcsi- 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. Company. or proceeding, in effecting settlement, securing evi. INDORSEMENT OF PAYMENT ON POLICY dence, obtaining witnesses, prosecuting or defending 11. NOTICES, WHERE SENT such action or proceeding, to such extent and in such The Company will pay, in addition to any loss insured 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 the Company shall reimburse the insured for any sured in litigation carried on by the Company for the statement in writing required to he furnished the Com- expense 80 incurred. The Company shall be subrogated insured, and in litigation carried on by the insured paoy shall be addressed to it at the office which issued to and be entitled to all costs and attorneys' fees in- with the written authorization of the Company, hut not this policy. . e - e . . . . , 1012C 9.56 California land Title Association SCHEDULE C Standard Coverage Policy Form Copyright 1950 The land referred to in this policy is situated in the county of Los Angeles, state of California, and is described as follows: That certain real property in the city of Santa Monica, county of Los Angeles, state of California, more particularly described as follows: Beginning at the most northerly corner of Lot 1, Block 30, Erkenbrecher Syndicate Santa Monica Tr.ct, as per map recorded in book 6 pages 26 and 27 of Maps, in the office of the county recorder of said county; thence southerly along the easterly line of said Lot 1, a distance of 43.87 feet to a point; thence south 45015'4511 West, a distance of 69.71 feet to a point; thence North 15020'3211 East, a dlstance of 88.13 feet, more or less, to the northerly line of said Lot 1; thence easterly along said northerly line an arc distance of 16.60' more or less, to the point of beginning. EXCEPT any portion lying southeasterly of a line bearing North 45015' East from a ~oint in the southwesterly line of said lot, distant North ~. 045' West 434.33 feet from the most southerly corner of Lot 2 in said block 30. . . .e . e . . . . . - 10128 Coni. 9.56 Cdltfornia land Title Association S C H E D U L,E B - (Continued) Standard Coverage Policy form Copyright 1950 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. Second installment general and special county and city taxes covering this and other property, ror the fiscal year 1958-1959, (Code Area 8610 Parcel No. 4268-14-1) amount $2,606.58. Also personal property tax for trade fixtures, of Lura M. Weels, Assessment 754996, amount $1,927.71, second installment. 2. A lease agreement, executed by D. A. Financial Services Co., Inc., dated July 10, 1957, recorded in book 55049 page 338, Official Records, in which D. A. Financial Services Co., Inc., rents and leases to Hydro-Mill Co. and/or Wells Aircraft Parts Company, jointly and separately limited partnerShip, machinery and equipment to be located on property in question. Said agreement shows an assignment of said lease to Commercial Credit Corporation. Attached to said agreement is a waiver and subordination agreement in which New England Mutual Life Insurance Company subordinates its mortgage recorded August 25, 1955 in book 48760 page 138, Orficial Records, to a chattel mortgage to be executed by Hydro-Mills Company and Wells Aircraft Parts Company, in favor of Commercial Credit Corporation, located at 1707 Cloverfield Boulevard, Santa Monica, on property in question. 3. An actlon commenced January 10, 1958, entitled City or Santa Monica, vs. Hlgg1ns Brick & Tile Co., et al., to condemn said land therein designated as Parcel 4, for the widening of 26th Street, Superior Court of Los Angeles County, Case No. SMc-6063. Notice of the pendency of said action was recorded July 31, 1958 in book M-80 page 334, Official Records. ~~ " ~ -.. .} \ \ .. --- . e caj e . . . . . . . 1012A.B 9.56 California Land Title Association SCHEDULE A Standard Coverage Policy Form Capyri ght 1950 Amount $4..750.00 Date January 22.. 1959 at 8 a.m. Policy NoJ.+795633 INSURED CITY OF SANTA MONICA, a municipal corporatlon. The title to said land is, at the date hereof, vested in: C I"l'TOF SANTA MONICA, a municipal corporation. 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 the first page 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, but 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. . e . . e . , - . . 1012 9-56 'alifornia land Title Association Standard Coverage Policy Form Copyright 1950 Fee $ L 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. I 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 C being vested, at the date hereof, otherwise I than as herein stated; or I 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 I upon said land; or i 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, Band C 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 /'y ~~~~ENT ~' ~~ "r ~L I ~r~=t"'<:"t,..;J.y ~~. ,:?"""'i~' .f.':.~ Attest ," ,; ('",:,"" SECnETARY