Deed - Marina Blvd & Merced St - File 821, 1972 pt1

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■ 12-78495 POLICY OF TITLE INSURANCE CHICAGO TITLE INSURANCE A STOCK COMPANY 05 006 03 05332 J:3154 IM-604 COMPANY BY this Policy of Title Insurance, CHICAGO TITLE INSURANCE COMPANY, a corporation of Missouri, herein called the Company, does Hereby Insure those persons or parties named as IN- SURED in Schedule A hereof, hereinafter called the Insured, the heirs, devisees, personal representa- tives of said Insured, or if a corporation, any person or corporation deriving an interest or estate in said land by dissolution, merger or consolidation, together with any other person or corporation included in the term Insured as defined 'in this Policy, against loss or damage not exceeding the amount stated in Schedule A hereof, together with costs, attorneys' fees and expenses which the Company may become obligated to pay as provided in the Conditions and Stipulations hereof, which the Insured shall sustain by reason of: 1. Any defect in or lien or encumbrance on the title to the estate or interest covered hereby in the land described or referred to in Schedule A, existing at the date hereof, not shown or referred to in Schedule B or ex�lufied from coverage in Schedule B or in the Conditions and Stipulations; or 2. Unmarketability of such title; or 3. Any defect in the execution of any mortgage or deed of trust, shown in Schedule B, securing an indebtedness the owner of which is named as an Insured in this Policy, but only insofar as such defect affects the lien or charge of such mortgage or deed of trust upon the estate or interest covered hereby; or 4. Priority, at the date hereof, over any such mortgage or deed of trust, of any encumbrance upon such estate or interest, except as shown in Schedule B, such mortgage or deed of trust being there shown in the order of its priority; all subject, however, to the Conditions and Stipulations annexed hereto, which Conditions and Stip- ulations, together with Schedules A and B, are hereby made a part of this policy; all as of the time and date shown in Schedule A, being the effective date of this policy. In Witness Whereof, CHICAGO TITLE INSURANCE COMPANY has caused this policy to be signed and sealed as of the date of policy shown in Schedule A, the policy to become valid when countersigned by an authorized signatory. Issued by: FIRST CALIFORNIA TITLE COMPANY 125 12th Street Oakland, California 94607 (415) 834-2742 20930 Mission Boulevard Hayward, California 94541 (415) 276-7000 CHICAGO TITLE INSURANCE COMPANY EXHIBIT "B_" to AGREEMENT * between 1, President ATTEST: Secretary City of San Leandro .and Marc 1I. Jlonheimer. and Bruce M. Cowan, as Trustees of the B/K/San Leandro Trust