|
74A
<br />California Land Title Association y
<br />Standard Coverage Policy Form M
<br />546223
<br />Fee $ 39.50 p. Number SL/1
<br />ALAMEDA COUNTY -EAST BAY TITLE INSURANCE COMPANY
<br />A CORPORATION OF OAKLAND, CALIFORNIA
<br />AND
<br />TITLE INSURANCE AND TRUST COMPANY
<br />A CORPORATION OF LOS ANGELES, CALIFORNIA
<br />HEREIN CALLED THE COMPANIES, FOR A VALUABLE CONSIDERATION PAID FOR THIS
<br />POLICY OF TITLE INSURANCE
<br />Do Hereby Insure
<br />CITY OF SAN LEANDRO, a municipal corporation,
<br />together with the persons and corporations included in the definition of "the insured" as set forth in the stipulations of this
<br />policy, against loss or damage not exceeding TWO thousand four hundred f if ty-one and
<br />40/100 (2, 451.40) dollars,
<br />which the insured shall sustain by reason of:
<br />1. Title to the land described in SCHEDULE C being vested, at the date hereof, otherwise than as herein stated; or
<br />2. Unmarketability, at the date hereof, of the title to said land of any vestee named herein, unless such unmarketability
<br />exists because of defects, liens, encumbrances, or other matters shown or referred to in SCHEDULE B; or
<br />3. Any defect in, or lien or encumbrance on, said title, existing at the date hereof, not shown or referred to in
<br />SCHEDULE B; or
<br />4. Any defect in the execution of any mortgage or deed of trust shown in Schedule B securing an indebtedness, the
<br />owner of which is insured by this policy, but only insofar as such defect affects the lien or charge of such mortgage
<br />or deed of trust upon said land; or
<br />5. Priority, at the date hereof, over any such mortgage or deed of trust, of any lien or encumbrance upon said land,
<br />except as shown in SCHEDULE B, such mortgage or deed of trust being shown in the order of its priority in
<br />PART TWO of SCHEDULE B;
<br />all subject, however, to SCHEDULES A, B, and C and the STIPULATIONS herein, all of which schedules and stipula-
<br />tions are hereby made a part of this policy.
<br />SCHEDULE A
<br />On May 17, 1957 at $ : 30 o'clock,ca. m., the title to the land described in
<br />SCHEDULE C is vested in:
<br />CITY OF SAN LEANDRO, a municipal corporation.
<br />SCHEDULE B
<br />This policy does not insure against loss by reason of the matters shown or referred to in this Schedule except to the
<br />extent that the owner of any mortgage or deed of trust shown in Part Two is expressly insured in Paragraphs numbered
<br />4 and 5 on the first page of this policy.
<br />PART ONE: This part of Schedule B refers to matters which, if any such exist, may affect the title to said land, but
<br />which are not shown in this policy:
<br />1. Taxes or assessments which are not shown as existing liens by the records of any taxing agency or by the public
<br />records; and easements, liens, or encumbrances which are not shown by the public records.
<br />2. Rights or claims of persons in possession of said land which are not shown by the public records.
<br />3. Any facts, rights, interests, or claims which are not shown by the public records, but which could be ascertained by
<br />an inspection of said land, or by making inquiry of persons in possession thereof or by a correct survey.
<br />4. Mining claims, reservations in patents, water rights, claims or title to water.
<br />5. Any laws, governmental acts or regulations, including but not limited to zoning ordinances, restricting, regulat-
<br />ing or prohibiting the occupancy, use or enjoyment of the land or any improvement thereon, or any zoning
<br />ordinances prohibiting a reduction in the dimensions or area, or separation in ownership, of any lot or parcel of
<br />land; or the effect of any violation of any such restrictions, regulations or prohibitions.
<br />
|