Deed - California St, Civic Center - File 274, 1954

Home

1n v Total Fee for Title Seerell Policy Title Iswrenee Mmw 506691 SL-185 sndEscrsirs 204.00 nmsunt3 38,950.00 OAKLAND TITLE INSURANCE COMPANY a corporation of California, herein called the Company, for a valuable consideration paid for this POLICY OF TITLE INSURANCE DOES HEREBY INSURE CITY OF SAN LEANDRO 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 THIRTY-EIGHT THOUSAND NINE HUNDRED FIFTY AND N0/100 ($38,950.00) dollars, which the insured shall sustain by reason of: 1. Title to the land described in SCHEDULE C 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; ALI. SUBJECT, HOWEVER, TO SCHEDULES A, B, AND C AND THE STIPULATIONS HEREIN, ALL OF WHICH SCHEDULES AND STIPU- LATIONS ARE HEREBY MADE A PART OF THIS POLICY. IN WITNESS WHEREOF, Oakland Title Insurance Company has caused its corporate name and seal to be hereunto affixed by its duly authorized officers the day and hour set forth in SCHEDULE A hereof. OAKLAND TITLE INSURANCE COMPANY By A4;7v,�a Its President. And Its Assistant Secretary. SCHEDULE A On October 4, 1954 the land described in SCHEDULE C is vested in: at 2 2 30 o'clock, p . m., the title to CITY OF SAN LEANDRO (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 Page 1 of this policy. Page 1 FORM 402 CLTA STANDARD COVSRAOS POLICY FORM -COPYRIGHT 1950