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Home My WebLink About770456.tiff C BOOK i/) � JUN 6197 0.2 Recorded at o'clock M.,7721000 MARY ANN El STEIN �� Reception No �_ I Recorder. ;Jl . - THIS DEED, Made this 3rd day of June , 19 77 between Mary Quintana, an unmarried woman Cr, CD of the 0 O County of Weld and State of Colorado, of the first part, and `-1 The County of Weld, a body corporate and politic 0)2 t - of the County of Weld and State.of Colorado,of the second part: WITNESSETH, That the said part y of the first part,for and in consideration of the sum of ,z' TEN AND NO/100 DOLLARS .-1 to the said part y of the first part in hand paid by said part y of the second part, the receipt whereof is c0 hereby confessed and acknowledged, has granted, bargained,sold and conveyed,and by these presents do _s c' grant, bargain, sell, convey and confirm, unto the said part y of the second part, its heirs and assigns for- s ever, all the following described lot or parcel of land,situate,lying and being in the r-- County of weld and State of Colorado, to wit: t-- V'] I Lot 1, in Block 2, BURGER AND FRY'S SUBDIVISION, being a subdivision of a part ,,i - +, of Lot Four of the Southeast Quarter of the Northeast Quarter of Section Five, J 0 Township Five, N. , Range Sixty-five West of the Sixth Principal Meridian, n- Ai according to the subdivision of lands by the Union Colony of Colorado, Weld "i-' County, Colorado. `f Li -` l,' also known as street and number 0 a- TOGETHER with all and singular the hereditaments and appurtenances thereto belonging, or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof, and all the estate, right, title, interest, claim and demand whatsoever of the said part y of the first part, either in law ,.._ S or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances. r TO HAVE AND TO HOLD the said premises above bargained and described with the appurtenances, unto the a° said part y of the second part, its heirs and assigns forever. And the said part y of the first part, �� for its sel f, its heirs, executors, and administrators, do covenant, grant, bargain, and agree to and with the said part y of the second part, its heirs and assigns, that at the time of the ensealing and delivery of these presents, is well seized of the premises above conveyed, as of good, sure, perfect, absolute and indefeasible estate of inheritance, in law, in fee simple, and ha s good right, full power and lawful authority to grant, bargain, sell and convey the same in manner and form as aforesaid, and that the same are free and clear from all former and other grants, bargains, sales, liens, taxes, assessments and encumbrances of whatever kind or nature soever. Except for 1977 property taxes payable in 1978. an he above p,argaihtl premises in the quiet and peaceable possession of the said part y of the second part, t F")t' its ) heirs and assigns against all and every person or persons lawfully claiming or to claim the whole o - art thereof, the said party of the first part shall and will WARRANT AND FOREVER DEFEND. ' NESS WHEREOF, the said part y of the first part ha s hereunto set its hand ands,efl.,,` the day and year first above written. !, p. 77 , i'/122L-e7/'�ti, (-t-,�-i.4._try?t«% (SEAL) Mary Quintana (SEAL) (SEAL) STATE OF COLORADO, l }ss. County of Weld J The foregoing instrument was acknowledged before m this 3rd day of June 19 77 ,by Mary Quintana, an unmarried worn n ,., -, My commission expires //g 4- `/ 19 7/ ..Witness m " and�of/icial seal. Notary Public. No.932. WARRANTY DEED.—For Photographic Record.Bradford Publishing Co.,1824-46 Stout Street,Denver,Colorado 7 70 4 s 6 I , - a � I j \ , c '7. e \ . ) . } Q . ! w % § ' \ \ < o Q 2 E A H ? ) ~ d : § . rl 11.1 E. ; / \ \ / \ PI \ *i 3 \ j r_ 00 k � � Cic ) • - m ` w ) / \ \ ± � , R . o § 97 « a \ k/� 2f \ \ ,... - a/ - 0 i , 2 ® m e a , *- 2 JUN 9 NN_.� BOOK ae�aV 1.72134056 {JI . nt /9—�o'clock� ll. gi..., AFEU Jai Ltezi,�, REC0RDERDEPUTY.N C7 Filed for record th A. 1). I9_Nr I-1 • KNOW ALL MEN BY THESE PRESENTS, That, Whereas, R0DRIG0 HINOJOSA AND ISABELL HIN0J0SA P of the County of WELD , in the State of Colorado, by A DEED OF TRUST dated the 1ST day of AUGUST , A. D. 19 69 , es and duly recorded in the office of the County Clerk and Recorder of the re) ._r County of WELD , in the State of Colorado, on the 5TH day of AUGUST , ri REC#1535001 t-- A.A. D. 19 69 , in book 613 at page of the records, in said office, conveyed to the ri Public Trustee in said County of WELD , O certain real estate in said Deed of Trust described, in trust to secure the payment of the indebtedness O ,t mentioned therein. 0 ca AND, WHEREAS, Said indebtedness has been paid and the purposes of said trust have been fully satisfied; CANCELLED NOTE EXHIBITEC NOW, THEREFORE, At the request of the legal holder of the indebtedness secured by said Deed c.11 of Trust, and in consideration of the premises, and in further consideration of the sum of Two Dollars, to me in hand paid, the receipt whereof is hereby acknowledged, I, as the Public Trustee in said County of WELD , do hereby remise, release and quit-claim unto the present owner or owners of said real estate and unto the heirs, successors and assigns of said owner or owners forever, all the right, title and interest which I have under and by virtue of said Deed of Trust in and to the said real estate in said Deed of Trust particularly described, reference to which is hereby made for greater certainty. TO HAVE AND TO HOLD THE SAME, Together with all and singular the privileges and appur- , tenances thereunto belonging forever. AND FURTHER, that the said Trust Deed is, by these presents, to be considered as fully and absolutely released, cancelled and forever discharged. 1 Cl 7 WITNESS my hand and seal, this J day of A. D. 1 �/(SEAL. I�', As the Public d rwvstee in said County or Lv Ev -v. The Public Trustee in said County of `%4-ft, Colorado: Please execute this release, the indebtedness secured by the above mentioned Deed of Trust having been fully paid. t I' Ii C F. C. CORPORATION • The legal holde of the indeb dness secured by said Deed of 'feast. STATE OF COLORADO, SS. County of ti,,./Csk'- The foregoing instrument was acknowledged before me this / 7 day of 1 , A. D. 1977 , by git-, a _ XCca� t../ as t) Public Trustee in said County of `e„t„rn imor,r,,) '• la _, Colorado. c1O ........ Witness my hand and Official Seal. , TA �� U; NQ Ry :70 ? My commission expires 5- /L-/- X/ f' ET LAG.'o ,� , V Notary Public. , E,P F OF CON' %•N‘ `•N�� ,,,wn FORM 368 RELEASE OF DEED OF TRUST BY THE PUBLIC TRUSTEE—The C. F. Hoeekel Blank Book A litho.Co.,Denver.Coln. fs CO s O I . I --j,---, F o y. a q y r ! a : j o 1'1 �\ w O g o Y w .ate b II wW o ro o v3 W \ �\CO a3 cia az s. LL I ., pc, ,Q Q � �\f I Ir • Policy of Title Insurance Issued by Transamerica Title Insurance Company SUBJECT TO THE SCHEDULE OF EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS CON- TAINED IN SCHEDULE B AND THE PROVISIONS OF THE CONDITIONS AND STIPULATIONS HEREOF, TRANSAMERICA TITLE INSURANCE COMPANY, a California corporation, herein called the Company,insures, as of Date of Policy shown in Schedule A, against loss or damage, not exceeding the amount of insurance stated in Schedule A, and costs, attorneys'fees and expenses which the Company may become obligated to pay hereunder, sustained or incurred by the insured by reason of: 1. Title to the estate or interest described in Schedule A being vested otherwise than as stated therein; 2. Any defect in or lien or encumbrance on such title; 3. Lack of a right of access to and from the land; or 4. Unmarketability of such title. In Witness Whereof, Transamerica Title Insurance Company has caused this policy to be signed and sealed , by its duly authorized officers as of Date of Policy shown in Schedule A. � I Transamerica Title Insurance Company By t � %� President By Secretary SCHEDULE OF EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy: 1. Any law, ordinance or governmental regulation (including but not limited to building and zoning ordinances) re- stricting or regulating or prohibiting the occupancy, use or enjoyment of the land, or regulating the character, dimensions or location of any improvement now or hereafter erected on the land, or prohibiting a separation in ownership or a reduction in the dimensions or area of the land, or the effect of any violation of any such law, ordi- nance or governmental regulation. 2. Rights of eminent domain or governmental rights of police power unless notice of the exercise of such rights appears in the public records at Date of Policy. 3. Defects, liens, encumbrances, adverse claims, or other matters (a) created, suffered, assumed or agreed to by the insured claimant; (b) not known to the Company and not shown by the public records but known to the insured claimant either at Date of Policy or at the date such claimant acquired an estate or interest insured by this policy and not disclosed in writing by the insured claimant to the Company prior to the date such insured claimant became an insured hereunder; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subse- quent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the insured claim- ant had paid value for the estate or interest insured by this policy. CONDITIONS AND STIPULATIONS 1. DEFINITION OF TERMS (b) The insured shall notify the Company promptly in The following terms when used in this policy mean: writing (i) in case any action or proceeding is begun or de- fense is interposed as set forth in (a) above, (ii) in case knowl- (a) "insured": the insured named in Schedule A, and, edge shall come to an insured hereunder of any claim of title subject to any rights or defenses the Company may have or interest which is adverse to the title to the estate or interest, against the named insured, those who succeed to the interest as insured, and which might cause loss or damage for which of such insured by operation of law as distinguished from the Company may be liable by virtue of this policy, or (iii) if purchase including, but not limited to, heirs, distributees, title to the estate or interest, as insured, is rejected as un- devisees, survivors, personal representatives, next of kin, or marketable. If such prompt notice shall not be given to the corporate or fiduciary successors. Company, then as to such insured all liability of the Company (b) "insured claimant": an insured claiming loss or dam- shall cease and terminate in regard to the matter or matters age hereunder. for which such prompt notice is required; provided, however, that failure to notify shall in no case prejudice the rights of any (c) "knowledge": actual knowledge, not constructive such insured under this policy unless the Company shall be knowledge or notice which may be imputed to an insured by preiudiced by such failure and then only to the extent of reason of any public records. such prejudice. (d) "land": the land described, specifically or by reference (c) The Company shall have the right at its own cost to in Schedule A, and improvements affixed thereto which by law institute and without undue delay prosecute any action or constitute real property; provided, however, the term "land" proceeding or to do any other act which in its opinion may be does not include any property beyond the lines of the area necessary or desirable to establish the title to the estate or specifically described or referred to in Schedule A, nor any right, title, interest, estate or easement in abutting streets, interest as insured, and the Company may take any appro- roads, avenues, alleys, lanes, ways or waterways, but nothing priate action under the terms of this policy, whether or not herein shall modify or limit the extent to which a right of it shall be liable thereunder, and shall not thereby concede access to and from the land is insured by this policy. liability or waive any provision of this policy. (e) "mortgage": mortgage, deed of trust, trust deed, or (d) Whenever the Company shall have brought any action other security instrument. or interposed a defense as required or permitted by the pro- f) "public records": those records which by law impart visions of this policy, the Company may pursue any such constructive notice of matters relating to said land. litigation to final determination by a court of competent juris- diction and expressly reserves the right, in its sole discretion, to appeal from any adverse judgment or order. 2. CONTINUATION OF INSURANCE AFTER CONVEYANCE OF policy permits or requires the TITLE (e) In all cases where this Company to prosecute or provide for the defense of any action The coverage of this policy shall continue in force as of or proceeding, the insured hereunder shall secure to the Date of Policy in favor of an insured so long as such insured Company the right to so prosecute or provide defense in such retains an estate or interest in the land, or holds an indebted- action or proceeding, and all appeals therein, and permit the ness secured by a purchase money mortgage given by a pur- Company to use, at its option, the name of such insured for chaser from such insured, or so long as such insured shall such purpose. Whenever requested by the Company, such have liability by reason of covenants of warranty made by insured shall give the Company all reasonable aid in any such such insured in any transfer or conveyance of such estate or action or proceeding,in effecting settlement,securing evidence, interest; provided, however, this policy shall not continue in obtaining witnesses, or prosecuting or defending such action force in favor of any purchaser from such insured of either or proceeding, and the Company shall reimburse such insured said estate or interest or the indebtedness secured by a pur- for any expense so incurred. chase money mortgage given to such insured. 4. NOTICE OF LOSS—LIMITATION OF ACTION 3. DEFENSE AND PROSECUTION OF ACTIONS—NOTICE OF CLAIM TO BE GIVEN BY AN INSURED CLAIMANT In addition to the notices required under paragraph 3(b) of these Conditions and Stipulations, a statement in writing (a) The Company, at its own cost and without undue of any loss or damage for which it is claimed the Company delay, shall provide for the defense of an insured in all litiga- is liable under this policy shall be furnished to the Company tion consisting of actions or proceedings commenced against within 90 days after such loss or damage shall have been de- such insured, or a defense interposed against an insured in an termined and no right of action shall accrue to an insured action to enforce a contract for a sale of the estate or interest claimant until 30 days after such statement shall have been in said land. to the extent that such litigation is founded upon furnished. Failure to furnish such statement of loss or damage an alleged defect, lien, encumbrance, or other matter insured shall terminate any liability of the Company under this policy against by this policy. as to such loss or damage. Continued on Front of Back Cover • • Continued from Back of Front Cover 5. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS interest covered by this policy and the amount so paid shall be deemed a payment under this policy to said insured owner. The Company shall have the option to pay or otherwise settle for or in the name of an insured claimant any claim in- 10. APPORTIONMENT sured against or to terminate all liability and obligations of the Company hereunder by paying or tendering payment of If the land described in Schedule A consists of two or more the amount of insurance under this policy together with any parcels which are not used as a single site, and a loss is estab- costs, attorneys' fees and expenses incurred up to the time lished affecting one or more of said parcels but not all, the of such payment or tender of payment, by the insured claim- loss shall be computed and settled on a pro rata basis as if ant and authorized by the Company. the amount of insurance under this policy was divided pro rata as to the value on Date of Policy of each separate parcel 6. DETERMINATION AND PAYMENT OF LOSS to the whole, exclusive of any improvements made subsequent to Date of Policy, unless a liability or value has otherwise (a) The liability of the Company under this policy shall been agreed upon as to each such parcel by the Company and in no case exceed the least of: the insured at the time of the issuance of this policy and (i) the actual loss of the insured claimant; or shown by an express statement herein or by an endorsement attached hereto. (ii) the amount of insurance in Schedule A. (b) The Company will pay, in addition to any loss insured 11. SUBROGATION UPON PAYMENT OR SETTLEMENT against by this policy, all costs imposed upon an insured in liti- gation carried on by the Company for such insured, and all Whenever the Company shall have settled a claim under costs, attorneys' fees and expenses in litigation carried on by this policy, all right of subrogation shall vest in the Company such insured with the written authorization of the Company. unaffected by any act of the insured claimant. The Company When has been fixed in accordance shall be subrogated to and be entitled to all rights and reme- (c)with liability this been definitely toe loss or damage isc shall a be dies which such insured claimant would have had against any with payable witnin 3 daofys his policy, person or property in respect to such claim had this policy not been issued, and if requested by the Company, such insured claimant shall transfer to the Company all rights and remedies 7. LIMITATION OF LIABILITY against any person or property necessary in order to perfect such right of subrogation and shall permit the Company to No claim shall arise or be maintained under this policy use the name of such insured claimant in any transaction or (a) if the Company, after having received notice of an alleged litigation involving such rights or remedies. If the payment defect, lien or encumbrance insured against hereunder, by does not cover the loss of such insured claimant, the Company litigation or otherwise, removes such defect, lien or encum- shall be subrogated to such rights and remedies in the pro- brance or establishes the title, as insured, within a reasonable portion which said payment bears to the amount of said loss. time after receipt of such notice; (b) in the event of litigation If loss should result from any act of such insured claimant, until there has been a final determination by a court of corn- such act shall not void this policy, but the Company, in that petent jurisdiction, and disposition of all appeals therefrom, act b not this policy, y t Company, in adverse to the title. as insured, as provided in paragraph 3 event, shall against rehquired to pay only sh that part theof any losses if hereof; or (c) for liability voluntarily assumed by an insured insured h Company by which shall exceed amount, e in settling any claim or suit without prior written consent of any, lost to the Company reason of the impairment of the the Company. right of subrogation. 8. REDUCTION OF LIABILITY 12. LIABILITY LIMITED TO THIS POLICY This instrument together with all endorsements and other All payments under this policy, except payments made for instruments, if any, attached hereto by the Company is the costs, attorneys' fees and expenses, shall reduce the amount entire policy and contract between the insured and the of the insurance pro tanto. No payment shall be made without producing this policy for endorsement of such payment unless Company. the policy be lost or destroyed, in which case proof of such Any claim of loss or damage, whether or not based on loss or destruction shall be furnished to the satisfaction of negligence, and which arises out of the status of the title to the Company. the estate or interest covered hereby or any action asserting such claim, shall be restricted to the provisions and conditions 9. LIABILITY NONCUMULATIVE and stipulations of this policy. No amendment of or endorsement to this policy can be It is expressly understood that the amount of insurance made except by writing endorsed hereon or attached hereto under this policy shall be reduced by any amount the Corn- signed by either the President, a Vice President, the Secretary. pany may pay under policy insuring either (a) a mortgage an Assistant Secretary, or validating officer or authorized shown or referred to in Schedule B hereof which is a lien on signatory of the Company. the estate or interest covered by this policy, or (b) a mortgage hereafter executed by an insured which is a charge or lien on 13. NOTICES, WHERE SENT the estate or interest described or referred to in Schedule A, and the amount so paid shall be deemed a payment under this All notices required to be given the Company and any policy. The Company shall have the option to apply to the pay- statement in writing required to be furnished the Company ment of any such mortgages any amount that otherwise would shall be addressed to Transamerica Title Insurance Company, be payable hereunder to the insured owner of the estate or P. O. Box 605, Denver, Colorado 80201. _ p ------- i e � § I E .!0 _ _ 0 co E °!;� ! - ; _ _ _ _ 1- O O e. , - - e - . Don" // /G§ ea d9 . \7 \; 2R§ 32 32 \) 0 ■ ■ eJ ' /6- • 0aw- g/! ' -/ ' tuu-8- // . y\( . ;/ • !»/ ' / ' 0 E O w/ E - - - z - c c ! , _ a2 _ _ wLop . - -co g S tO 2 �:! . ; ' _ /- - 2S ^ u `� ° s ® ! � c _ 2 ; ` k , / .�. _ . _______________________________ ._________ . � © / c CO co cco— CO C � ism .O= I- k c aa \ ■ U e o min 44 E 0 " co \ I- \ @ se & G r H E lir j k _ ! _ _ 87 5 Z6 0 0 0 q � - Win O \: - - a) kg \ y- 0{» \\ - \ ' \ . ) ri E O ■ q® ' 2 2 = : _ SP \ \ /f ` « i SR g � I- ; . K 0 CO ; _~ 2 �\` _ q oCO Z ' 3 , 03 1.. / t k ` CO �` ! FORM NO.C-5000-1 FOR USE WITH COLORADO REGION AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY-FORM 8- 1970 (AMENDED 10-17.70) SCHEDULE A Amount of Insurance$ 2 , 500. 00 Policy No. 25009613 Date of Policy June 7 , 1978 Sheet I of 8 : 00 A.M. • 1. Name of Insured: WELD COUNTY, a body corporate and politic of the State of Colorado 2. The estate or interest in the land described herein and which is covered by this policy is: IN FEE SIMPLE 3. The estate or interest referred to herein is at Date of Policy vested in: WELD COUNTY, a body corporate and politic of the State of Colorado FORM NO. C-6000-2 FOR USE WITH COLORADO REGION AMERICAN LAND TITLE ASSOCIATION LOAN POLICY 1970 (AMENDED 10-17-70) FOR USE WITH COLORADO REGION AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY-FORM S-1970 (AMENDED 10-17-70) SCHEDULE A—Continued The land referred to in this policy is situated in the State of Colorado, County of Weld , and is described as follows: • Lot 1, in Block 2 , BURGER AND FRY' S SUBDIVISION, a subdivision of WELD COUNTY, COLORADO. FORM NO. C.GOOD-O FOR USE WITH COLORADO REGION AMERICAN LAND TITLE ASSOCIATION LOAN POLICY 1970 (AMENDED 10.17.70) FOR USE WITH COLORADO REGION AMERICAN LAND TITLE ASSOCIATION OWNER'S POLICY-FORM 0-1970 (AMENDED 10.17-70) SCHEDULE B This Policy does not insure against loss or damage by reason of the following: 1. Rights or claims of parties in possession not shown by the public records. 2. Easements, or claims of casements,not shown by the public records. 3. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, and any facts which a cor- rect survey and inspection of the premises would disclose and which are not shown by the public records. 4. Any lien,or right to a lien,for services,labor,or material heretofore or hereafter furnished,imposed by law and not shown by the public records. 5. Taxes due and payable; and any tax, special assessments, charge or lien imposed for water or sewer service, or for any other special taxing district., the 1977 general taxes paid, according to tax certificate dated May 12 , 1978. r GREELEY URBAN RENEWAL AUTHORITY CONTRACT OF PURCHASE The GREELEY URBAN RENEWAL AUTHORITY, a body corporate and politic of the State of Colorado, hereinafter called the "Authority" agrees to purchase and Mary Quintana hereinafter called "Owner" or "Owner-Occupant," agrees to sell the following described real property situated in the City of Greeley, County of Weld, State of Colorado: Lot 1, in Block 2, BURGER AND FRY'S SUBDIVISION, being a subdivision of a part of Lot Four of the Southeast Quarter of the Northeast Quarter of Section Five, Township Five, N , Rnage Sixty-five West of the Sixth Principal Meridian, according to the subdivision of lands by the Union Colony of Colorado, Weld County, Colorado. together with all fixtures and appurtenances, including, but not limited to, all cooling, heating, lighting, plumbing and air conditioning equipment, and fixtures located ther©on or in, and all shelving and partitions attached to the real estate, unless specifically excepted herein, Parcel No. upon the following terms and conditions: 1. The total purchase price to be paid by the Authority for said property, including all improvements and fixtures located thereon, shall be the sum of TWO THOUSAND FIVE HUNDRED AND NO/100 Dollars ($ 2, 500.00 ) , less the adjustments thereto, hereinafter specifically set forth. 2. The Owner agrees to deliver to the Authority within five (5) days from the date of this Contract, evidence of title in the form of a title insurance policy or an abstract of title not certified to date. Thereupon, the Authority shall order a Commitment for Title Insurance Policy to be issued by a title insurance company selected by the Authority. In the event the commitment for title insurance does not show that Owner has a good and merchantable fee simple title to said premises or shows outstanding liens against or encumbrances upon the property, or in the event said commitment or other investigation shows rights of parties in possession other than those listed in Paragraph 8 hereof, the Authority may, at its option, satisfy such liens or encumbrances, or acquire the rights to possession, and subtract from the amount to be paid to the Owner the amount of any consideration paid on account thereof. If Owner is unable to show merchantable title in himself, Owner shall, at the option of the Authority, convey to the Authority such title as he has, and the purchase price shall be abated in an amount equal to the cost to the Authority of whatever curative action is deemed by the Authority to be necessary. 3. On or before June 3, 1977 , Owner agrees to execute and deliver to the Authority a good and sufficient General Warranty Deed conveying the property free and clear of all liens and encumbrances, except existing rights-of-way, easements, reservations, liens of the Northern Colorado Water Conservancy districts, and liens of the current years', taxes. Upon delivery of said Deed, the Authority agrees to deliver or mail a check payable to Owner in the amount of the purchase price for said property, less lien encumbrances , unpaid taxes, pro-rated rents, and water rents, when the title company has notified the Authority that its requirements have been satisfied, and that no intervening instruments affecting title to said property appear of record subsequent to date of title commitment and prior to recording of Deed from Owner to the Authority. General property taxes for 19 77 (based on amount of the previous year's taxes or as assessed) , rents , water rents, and currect assessments, if any, shall be apportioned to the date of vesting title in the Authority or the effective • date of possession of such real property by the Authority, whichever is earlier. All special improvement taxes which are a lien against said property as of the date of delivery of said Deed shall be paid by the Owner. 4. When rents have been collected by the Owner for a period after the • date of vesting title in the Authority or the effective date of possession of such real property by the Authority, whichever is earlier, such pro-rated rent shall be paid to the Authority or deducted from the purchase price at final settlement. 5. Loss or damage to the property from any cause including fire, vandalism, or casualty, from November 29. 1976 , the date of the Authority's appraisal until the Deed from the Owner to the Authority, has been recorded, shall be at the risk of the Owner. 6. Possession of said property shall be delivered to the Authority simul- taneously with delivery of the Deed. The Owner shall deliver possession free and clear of all possessory rights of all parties , and shall vacate said premises on or before the closing date, provided that if the Owner or tenant enters into a new lease with Greeley Urban Renewal Authority, such owner or tenant may continue in possession in accordance with the terms of said lease. 7. It is agreed that time is of the essence, and all covenants and agreements herein contained shall' be binding upon and shall inure to the benefit of the heirs, executors, administrators, personal representatives, successors, and . assigns of the parties. 8. Owner represents that the undersigned are the sole owners of the fee simple title to said premises and that no parts of said premises are occupied by tenants or others except as listed on the attached Exhibit A who occupy as tenants for terms expiring as shown in Exhibit A. The Owner agrees to allow a representative of the Authority to inspect • the property and to determine the status of tl?e parties in possession. 9. If the Owner by deed or otherwise is unable to convey good and merchan— table title free and clear of any interest, then notwithstanding any provision hereof to the contrary, the Authority may, in lieu of completing the purchase of the property at any time prior to closing, proceed to acquire the property by condemnation. In that event, the Owner agrees that this Contract shall continue in full force and effect until the conclusion of the condemnation case. The Owner further agrees to enter into a written stipulation to be filed in the court records, the terms of which shall be that the purchase price above stated is the fair market 'value of the subject property, inclusive of every interest therein. 10. When executed by the parties, this Agreement shall be specifically enforceable by any court of competent jurisdiction. 11. This Contract shall fulfill the requirement in the Authority's Land Acquisition Policy Statement for notice to Owner of the date upon which possession will be required by the Authority. The Owner acknowledges that he was not required to agree to a date less than 90 days after the date of execution of this Contract and that, if the date in Section 3 hereof is less than said period, that date is mutually agreed to. IN WITNESS WHEREOF, the parties have hereunto subscribed their names this 3rd day of June , 197?. / 7Cki AJr� cc- 1 -t Mary Quinhna -G GREELEY URBAN RENEWAL AUTHORITY ATT By C' Ral O7, Chairman ja a 17,E Sac, cry Page Two .--r coo Gt3 Recorded at... 'c11 �._ocloek.. m. AUG 51969 Reception No 1535001 ANN SPOr,�cR Recorder. THIS DEED OF TRUST, Made this 1st day of August 1959 between i RODRIGO HINOJOSA & ISABELL HINOJOSA ' the grantor herein whose address is 2420 W. C St. , Greeley, Colorado 80631 Q' County of Weld ,and State of Colorado,and the PUBLIC TRUSTEE of the O County of Weld , in the State of Colorado, O WITNESSETH: The Grantor to secure his promissory note, bearing even date herewith, for the M Three Hundred Sixty—three & 60/100 principal sum of `-i payable to the order of C.F.C. Corporation Dollars, eit t n i the beneficiary herein whose address is .n after the date thereof, Box 5rom06, theGreeley,thereof Colorado rate 80631 with interest thereon from date at the rate oltXXXX • M principal and interest payable 7Oca@RAK7pllnor of no NI accoring to tenor o.t' note' 0 d 1 pmt. of $363.60 & int due in full on 1-28-70 cr, te. does hereby grant and convey unto said Public Trustee the following described property,r=° County of Weld p party. situate in the �C , State of Colorado, to-wit: Lot One (1) , in Block Two (2) , Burger and Fry's Subdivision, being a subdivision of a part of Lot Four (4) of the Southeast Quarter (SEA) of the Northeast Quarter (NEA) of Section Five (5) , Township Five (5) North, Range Sixty-five (65) West of the Sixth P.M. according to the subdivision of lands by the Union Colony of Colorado . tre w\�:•t (6\a1�r NCCS1%ire- TO HAVE AND TO HOLD the same together with all appurtenance, In trust nevertheless, that in case of default in the payment of said note or any part thereof or interest thereon, or In the performance of any covenants hereinafter set forth, then u filing notice of election and demand for sale, said Public Trustee, after advertising notice of said sale weekly. some newspaper of general circulation in said county, shall sell said property yip e not at the than four ling aid in the manner provided by law in effect at time of filing said notice and demand, at public auction for cash, at the East in said County wherein said property is situate. Out of the front door all of the Court House costs and all money advanced for taxes, insurance and assessments, of said sale said Trustee shall retain or and Interest due on said note, rendering the overplus (if any) or on any prior enpay first fees, charges and shall execute and deliver to the purchaser a ny) unto theencumbrance,expiration with finterest the thereon,ofre and pay the principal sale. deed to the property sold.grantor;Te nefi beneficiary may t purchase saki propertyor any part therreeof at uusus h The grantor covenants that at the time of delivery of these presents, he is seized of said property in fee simple, and that said property is free of encumbrances, except and that he will keep all buildings insured for fire and extended coverage in amount equal to the unpaid balance of said note with lose to the beneficiary, and will pay all taxes and assessments against said property and amounts due on prior encumbrances, and if he shall fail to pay insurance premiums, taxes or amounts due onrance paid shall become additional indebtedness due hereunder; and in ease of forte osure, he willepaycan may the same and all amounts so pay an attorney's fee of shall should the beneficiary hereunder be made a party to any action affecting this deed of trust or the title to said property, the that all court costs and a reasonable attorney's fee paid by the beneficiary shall become additional indebtedness due hereunder; and the does hereby release and waive all claims in saidproperty grantor agree. It is a as a homestead exemption or other exemption now or hereafter grantor greed that in case of default in payment of said principal or interest or a breach of any provided said d law. cipal sum hereby secured and interest thereon may at the option of the beneficiary to the contrary notwithstanding and of the ia covenants, andon failure then said prim possession a of said Y become due and payable at once, anything in note possession the beneficiary shall be entitled toe pfor said property. who roperty will thereupon be delivered to the beneficiary, and mfailure tri deliver such Whenever used herein the singular number shall r include the lural, the plural the be appointed e ngularb and the use of competent jurisdiction. ble to all genders. All of the covenants herein shall be binding upon the respective heirs, personal representatives gender and aassiigns of the parties hereto. Executed the day and year first above written. 'l__.4 / -- d(y. % _ STATE OF COLORADO, IS $ T# Weld 7 The foregoing instrument was acknowledged before me this 1st +• .,lj 1' A day of y • August , A.D. iD 69 , by Rodrigo Hinojosa & ' Isabell Hinojosa - L t p My commission expiresJanuary 14 , 193 . Witness my hand and official seal, - -- -/-12...5—_1_1' Notary Public DA-I037 DEED OF TRUST—Foblie Trustee--Out West Printing --- Colorado Spring.. Colorado ▪ , J• 9 Q ON "VD F 2! J •, q9,• ` EPEE s d5 _ �3d' xx $ O ayd Q -0. .Vsy d�..pp� ^ .. R'S$ $9 z \ 'I 5 _9p S '2 0 6 Mai y i �� . o a a ''qso a9st a„ O a "a ' °C°x7 5 ?96W e3 U ,q.5 n i a y „ ^ 4, z al '> gga�y N t*4ilP? i ' 7.1 9. —I U :!''r!' '� g o. . --. ' z :s d 00 : i i s x x E 7¢ oo �1 cps a o o N 1'•"t q-4q ; "d I 5 v v-' k LI,z 'to v 2 m O s rl 2 c V ▪ 3na cgs r0i G yy .L T d = I I c ° p I 'Z o z d g v .! Bo E m 'C rL d c7_ d8 d F1 3 140 .p g g o e m , S $1 F-101 N Z — O e. .5? 4 dq o Ii o L IllH dCI. •O q y 8 d� n_ pa 3 q5 In. I.,, \D O „ F iS d a m I .5 k M >- Ti : 1 g14 d I §• 16 l 2! ce t'4 W y so g� ' 3d w U O4 r W -SO 0 •o -55 d .., O r v) m gw. ^a do 0 57 d .o bo m o'n i. o, U Ei�n a I P. T. MV t^a�i tl g 5og, H B t I 3 W B b a O c0 C'N5 W a :6 g w as E" o fd lel o { s I r �.y Wi W d 1 ti a � _ W F w o C • 0 x m ,� ! g O U .� .7 — ? :a 1 I CN A ` o N 3 .,J !D V a o f py $ ° y o W + aT,i Ca Z Q x x p. EL F04 8 cm a �y zral c� RI W 6¢ �{ W • F P+ A W W •U ', c4 ri N ,� U h P .5 :I tN_ A w E 40 8 4 ' w O coN A P'. H U C 3 6 p v 0 co W (�// PL► '-IASE ORDER AND VOUCHER . 1 q~ 4E f• � 1d County �� mll� 'ifh• ��: REFER TO THIS NUMBER 7 354 4 _.. P.O. BOX 758 GREELEY;COLO. 80631 ON INVOICES AND IN ,,,# ''r;� _ PHONE(303) 353-2212 CORESPONDENCE. ALL TRANSPORTATION CHARGES MUST BE PREPAID VENDOR NAME AND ADDRESS NO. � SHIP TO . ..;ii j..=-.'ST1'4 _. . _.. ...--'---.___.____..�..— ....._..,_._ -------- -��•-'-'+--ro12y .O1.ft..".,r 4f: tlrh n.RPJIewgi.1 -I3ia'•"20Th!:' !"en'!"erkni-' Grfaa' f R,CISA, n7'1=.4=. FNs F'!1 ROE 13.. )ATE WARRANT NO. SHIP INSTRUCTIONS 1DEPARTMENT May:..1S 1`3%y (`IIAN I ITV UNIT D L S C Fl I I' I ION UNIT rluf:I AMOUNT • Acquisition price of Lot 1, Block Twc, burger and $2,500.00 ' Fry's Subdivision, Weld County, Colorado, • • TOTAL AMOUNT c City ty of -:;re&lay-Department of Urban Renewal • R Vu Director A(:CuIJN I ANT)I;UI)I N111411;r F1', \IUI Ind r • Approved by _� `_* - '�aE ❑ Budget Officer l-Kuthorized Signature And so ordered by Board of Alva County Commissioners. —'� HAIRMAN INITAL INITAL TTEST COUNTY CLERK ANC RECORDER VENDOR COPY Form No.C-W-142 Transai._aricaTitle Insurance hmpany Please address correspondence to 918 TENTH STREET, GREELEY, COLORADO 80631 (303)352-2283 CONDITIONS AND STIPULATIONS Please read carefully 1. This is a Commitment to issue one or more policies of title insurance in our Standard Form when the requirements set forth in the Commitment have been satisfied. The policy is available and should be examined before this Commitment is used if there is any question about coverage. 2. Only the policies shown are committed to. If there are any changes in the transaction, order an amendment from us. 3. The date on this Commitment is important. Nothing after that date has been considered by us. 4. This Commitment is good for 6 months only. Extensions should be ordered from us if they are needed. a = O = Ca= O E 0 O 0n ry a mn r ra O y "° to '- n dm m -o 00 co u me „ Eoa vma =$�n �n `m ascc °v°a soma gym_ gm 2_ -m^ t- om o oa o._ w o. .on ° o.° 'oa [0 „.°°_ 0°c @on J CD ° ooe ao `u'^o ma^oa ,°•a-^ ow°A `'OF:: F:: Na_m ccro— ,":4,1� Ydu_ ry O `e Q'o om ; o^ . n ° uv ton E "-1° ury x a a 7" • 9s or o fun :=_N ° _- UI; s- • DS A-0 �uury aua • °'° • = m°°a • ��°N --^ 0 L9 s o c°.O m u_ _ •O .° ac F °o dw um tutus Nwm 3mu0 — 2 2 O nmm^ `mni - _ _ O E 03-_ Q^, — _3_ Sum _ a6 Q_ rya_ ggot^ pvn �E of _ a n a co E H CA u 3 LL 0 in ~ C - w O a I V o w Ca C C oE. Me CI c E aSF al ti m In Ewa .rF- E ia w ; 01 C F . d V CO c CO 0: C0.1 cS — d C elm ii- i. O a O OW. ° 0 -e a c, o Q �o N N C ry n N „ y C IL o d CL °. d o a .-°m a cr `o o ar o °m o w- 1° °'° V N'-O O `20 O L'.OO CL O �°'..tl O in^ O y'm� mg �D.ap ≥-O L cNn O jR CD IT. iiCt°T °_ IiI O V_On O >2* - a0P •0 E ° W O9°P ,N 13 act d am7 •0 &wry • 0 Eom C 7m C 0,=. NS ae 'Ec. acury vi y9° Nry • g2A' . O. °V� O. `u y°a N ° y . x ea muo • o cuo. • O °a • ° „al.. • O Z O a._ O o p„ O = O 'u1 ≥n °- .c o O FvN u Y -. V as- c no^ Olin `°r 0 36$ O '-'., •:',° - mv- o ho° O f°°- 2 O c c - m an— r a o. C L oi— > r_ if r _ Cam` d ' d -PEa`V Qu O` ad Q ° U ^oV Z °` ns s ryN o 1 ° t . - a N t o , ° yN C 2 �E :"MryIMIL AMOUNT PREMIUM OWNER s 2 , 500 . 00 $ 75 . 00 Greeley Urban Renewal MORTGAGE $ $ 718 15th Street ADDITIONAL CHARGES $ Greeley, CO. 80631 COST OF TAX CERTIFICATE $ 5. 00 L ATTN: Mary Ann J SURVEY COSTS $ TOTALS $ 80. 00 Your Reference CC's To: No. 25 , 009 , 613 C Sheet 1 of . s COMMITMENT TO INSURE Transamerica Title Insurance Company, a California corporation, herein called the Company, for a valuable consideration, hereby commits to issue its policy or policies of title insurance, as identified in Schedule A, in favor of the proposed insured named in Schedule A, as owner or mortgagee of the estate or interest covered hereby in the land described or referred to in Schedule A, upon payment of the premiums and charges therefor; all subject to the provisions of Schedules A and B and to the conditions and stipula- tions shown on the inside of the cover. Customer Contact: By_ At � Phone: _ THORIZE 51 NATURE The effective date of this commitment is May 6 19-.77 at. 7 : 45A_jj. At which time fee title was vested in: MARY QUINTANA SCHEDULE A 1. Policies to be issued: (A) Owners': WELD COUNTY, a body corporate and politic of the State of Colorado (B) Mortgagee's: Form No.C-142.1 Rev.7-1-76 SCHEDULE A—Continued 2. Covering the Land in the State of Colorado, County of WELD Described as: Lot 1, in Block 2 , BURGER AND FRY' S SUBDIVISION, a subdivision of WELD COUNTY, COLORADO. Form No.C-142.2 SCHEDULE A—Continued REQUIREMENTS 3. The following are the requirements to be complied with prior to the issuance of said policy or policies. Any other instrument recorded subsequent to the date hereof may appear as an exception under Schedule B of the policy to be issued. Unless otherwise noted, all documents must be recorded in the office of clerk and recorder of the county in which said property is located. A. Release by the Public Trustee of the La�� '�/ ,4?-)Deed of Trust from Rodrigo Hinojosa and Isabell Hinojosa J .; to the Public Trustee of the County of Weld for the use of C.F.C. Corporation to secure $363. 60 dated August 1 , 1969 recorded August 5 , 1969 in Book 613 as Reception No. 1535001, Weld County Records. B. Release by the Public Trustee of the Deed of Trust from . Albert and Grace Quintana to the Public Trustee of the County of Weld for the use of Sun Finance Company #905 to secure : $2273 . 72 Ci dated March 2 , 1971 recorded March 5, 1971 in Book 641 as Reception No. 1563332 , Weld County Records . C. Release by the Public Trustee of the Deed of Trust from Albert and Grace Quintana to the Public Trustee of the County of Weld for the use of Sun Finance Company #905 to secure $2594 . 61 dated November 2 , 1971 recorded November 9 , 1971 in Book 656 as Reception No. 1578359 , Weld County Records. D. Release by the Public Trustee of the Deed of Trust from Albert Quintana and Grace Quintana to the Public Trustee of the County of Weld for the use of Sun Finance Company #905 to secure $4 ,968. 00 dated September 27 , 1974 recorded November 14 , 1974 in Book 726 as Reception No. 1648482 , Weld County Records . ..—crn4 No.C-142.3 SCHEDULE A - Continued E. Deed from Mary Quintana, and her spouse, with recital in body, signature and acknowledgment that grantors are husband and wife, to Weld County, a body corporate and politic of the State of Colorado. If Mary Quintana is not married, then a recital should be made in the body, signature and acknowledgment that grantor is an unmarried woman. SCHEDULE B THE POLICY OR POLICIES TO BE ISSUED HEREUNDER WILL NOT INSURE AGAINST: 1. Rights or claims of parties in possession not shown by the public records. 2. Easements, or claims of easements, not shown by the public records. '3. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, and any facts which a correct survey and inspection of the premises would disclose and which are not shown by the public records. 4. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, im- posed by law and not shown by the public records. 5. Taxes due and payable; and any tax, special assessments,charge or lien imposed for water or sewer service, or for any other special taxing district. Fuxm Nu.C-142.4 Rev.4-tS-95 AMOUNT PREMIUM Greeley Urban Renewal OWNER $ 2 , 500 . 00 $ 75 . 00 718 15th Street MORTGAGE $ $ Greeley, CO. 80631 ADDITIONAL CHARGES COST OF TAX CERTIFICATE $_ 5. 00 L ATTN: Mary Ann U SURVEY COSTS $ TOTALS $ 80. 00 Your Reference . CC's To: Na. 25 , 009 , 613 C Sheet 1 of 5 COMMITMENT TO INSURE Transamerica Title Insurance Company, a California corporation, herein called the Company, for a valuable consideration, hereby commits to issue its policy or policies of title insurance, as identified in Schedule A, in favor of the proposed insured named in Schedule A, as owner or mortgagee of the estate or interest covered hereby in the land described or referred to in Schedule A, upon payment of the premiums and charges therefor; all subject to the provisions of Schedules A and B and to the conditions and stipula- tions shown on the inside of the cover. Customer Contact: _ By Phone; AU 0RIT.ED S N TUBE The effective date of this commitment is May 6 , 19_7 7 a 7 : 45A M. At which time fee title was vested in: MARY QUINTANA SCHEDULE A 1. Policies to be issued: (A) Owners': WELD COUNTY, a body corporate and politic of the State of Colorado (B) Mortgagee's: Fvm N .C-1:2 1 Re..7-1-7b SCHEDULE A—Continued 2. Covering the Land in the State of Colorado, County of WELD Described as: Lot 1, in Block 2 , BURGER AND FRY' S SUBDIVISION, a subdivision of WELD COUNTY, COLORADO. Form No.C-142.2 SCHEDULE A—Continued REQUIREMENTS 3. The following are the requirements to be complied with prior to the issuance of said policy or policies. Any other instrument recorded subsequent to the date hereof may appear as an exception under Schedule B of the policy to be issued. Unless otherwise noted,all documents must be recorded in the office of clerk and recorder of the county in which said property is located. A. Release by the Public Trustee of the Deed of Trust from Rodrigo Hinojosa and Isabell Hinojosa to the Public Trustee of the County of Weld for the use of C. F.C. Corporation to secure . $363. 60 dated August 1 , 1969 recorded August 5, 1969 in Book 613 as Reception No. 1535001, Weld County Records. B. Release by the Public Trustee of the Deed of Trust from Albert and Grace to the Public Trustee of the County of Weld for the use of Sun Finance Company #905 to secure $2273 . 72 dated March 2 , 1971 recorded March 5, 1971 in Book 641 as Reception No. 1563332, Weld County Records. C. Release by the Public Trustee of the Deed of Trust from Albert and Grace Quintana to the Public Trustee of the County of Weld intana for the use of Sun Finance Company #905 to secure $2594 . 61 dated November 2, 1971 recorded November 9 , 1971 in Book 656 as Reception No. 1578359 , Weld County Records. D. Release by the Public Trustee of the Deed of Trust from Albert Quintana and Grace to the Public Trustee of the County of Weld Quintana for the use of Sun Finance Company #905 to secure $4 ,968. 00 dated September 27 , 1974 recorded November 14 , 1974 in Book 726 as Reception No. 1648482, Weld County Records. Fcrm 1:o.C-142.3 SCHEDULE A - Continued E. Deed from Mary Quintana, and her spouse, with recital in body, signature and acknowledgment that grantors are husband and wife, to Weld County, a body corporate and politic of the State of Colorado. If Mary Quintana is not married, then a recital should be made in the body, signature and acknowledgment that grantor is an unmarried woman. SCHEDULE B THE POLICY OR POLICIES TO BE ISSUED HEREUNDER WILL NOT INSURE AGAINST: 1. Rights or claims of parties in possession not shown by the public records, 2. Easements, or claims of easements, not shown by the public records. 3. Discrepancies, conflicts in boundary lines, shortage in area, encroachments, and any facts which a correct survey and inspection of the premises would disclose and which are not shown by the public records. 4. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, im- posed by law and not shown by the public records. 5. Taxes due and payable; and any tax, special assessments, charge or lien imposed for water or sewer service, or for any other special taxing district. Form No.C-142.4 Rev.448-45 REQUEST FOR •IREAS1.;RERS C:ER11FICATE OF TAXES DIE T-668 Title Co._Transamerica Insurancetrder No. 09613_ _- Date 5-11-77 Seller QUINTANA2_ ar Lender None Buyer WELD COUNTY_ _ Property Address None Schedule No. 40273 Person Ordering Greeley Urban Renewal STATE OF COLORADO, Certificate of Taxes Due and Unredeemed Z County of Weld ss Tax Sales MI, the undersigned, do hereby certify that the entire amount of taxes and assessments due upon the parcels of real estate Odescribed below, and all sales of the same for unpaid taxes or assessments shown by the books in my office,from which the same may still be redeemed, with the amount required for redemption, are as noted herein: See or Year for Amount of Tax AMOU\T T() lwc(:RIPTIoN OF TIfAI'T()R 1.(17' RI.k Top Range tOWN oR CITY which Taxes and Interest Due REDEEM are due J L1 2 BURGER & FRY 1976 3.26 Pai. , W •- - - - — - _ • • Dated -_.. Mar 91E (CJ Treasurer of Weld Cot ii'.Color o CUSTOMER'S COPY iii`^`r �1$'r' !y, �9y + --•.,....,.,,,'Y"`..,,�w...........44_� :p,,r 11 Y +V' t✓df^. . /.i' 1 7 . 1 i i. -_ __ _ ` 1�•��jj9" y - ;.��-. tom''\%, •� --:r.,'� _• .tea 14Yf�WL ' q`^' q`h YWWi•YY:1�Yii:,.Ywi°.��1Y ��w,r.+� .r . �_. I l 'GREELEV CIVIC CENTER ' 5 ' OREELEV, COLORADO • Department ,of: Urban Renewal ' 80031 •' ' I ' j - ' January 25, 1977 Mr. & Mrs. Albert Quintana i.' 205 N. 9th Avenue' s Greeley, CO .80631 Dear Mr. & Mrs. Quintana: The County of Weld proposes to purchase the real property, legally des- cribed on the attached summary, located at the Burger Fry Subdivision. The offer made is the proposed purchase price for the above referenced property for "fee simple title," that is, free and clear of any liens, • taxes, or any other encumbrances which might otherwise cloud the title. The County of Weld's determination of just compensation for the real property to be acquired is based on its inspection of the property and its consideration of two appraisals of the property made independently , by competent professional appraisers as well as the appraisal report prepared by a review appraiser. The purchase price offered by the County for said property is the full amount passed by the local governing body to be just compensation for the property and it is not less than the approved County determination of the fair market value of said property. The term "fair market value" is defined as follows: "The highest price estimated in terms of money which a property will bring if exposed for sale in the open market allowing a reasonable time to find a purchaser who buys with knowledge of all the uses to which it is adopted and for which it is capable of being used." Based on all the foregoing, the City has established the sum of $ 2,500.09 ' . Two Thousand Five Hundred and No/100 DOLLARS as total just compensation for the purchase price of the above referenced • ' real property. "A COMMUNITY OF PROGRESS" In arriving at the foregoing amount as just compensation, the appraisers did not consider any decrease or increase in the fair market value of the real property to be acquired prior to the date of the valuation, caused by the efforts of the Community Development Program, or by the likelihood that your property would be acquired as a part of the Community Development Program, other than that due to physical deterioration which was within the reasonable control of you as the owner. Attached for your information is a compensation summary of the amount estab- lished as just compensation for said property. If the property for which this offer is submitted is a tenant-occupied structure, enclosed is a copy of the document entitled "Agreement as to Ownership of Property Interest" which was signed by the property owner and the tenant prior to appraisal of the real estate and initiation of negotiations. If only a portion of a property is to be acquired, an additional document entitled "Partial Acqui- sition Information" will also be attached. The determination of fair market value does not reflect any consideration for relocation benefits. If you are to be displaced because of this acquisition, you may be eligible for payment for moving expenses and a replacement housing payment, in which case you should have already been contacted by a member of the city's relocation staff to explain these benefits to you. You may rest assured that if you are occupying the property the County will not require you to move before you have recieved all the assistance needed and have had ample opportunity to obtain decent, safe and sanitary housing in your finan- cial means. If any of the buildings, structures, fixtures, or other improvements compris- ing a part of the real property have been identified as being the property of a tenant who has the right or obligation to remove them at the expiration of his term, the total just compensation for the real property, including the property of such tenant, has been apportioned to the tenant so that the amount apportioned to the tenant's improvements and interest in the real property is the greater of: 1. The fair market value of the tenant's leasehold estate in the property. 2. The amount which the tenant's improvements contribute to the fair market value of the real property being acquired.. 3. The fair market value of the tenant's improvement for removal from the property. A Negoitator for the County of Weld will be in contact with you regarding the purchase of said property within ninety days. If you have any questions regarding any of the above or the enclosed Summary of Just Compensation, please call the County of Weld or visit the office at 718 15th Street. Sincerely, Lyle R. Mueller, Director City of Greeley Department of Urban Renewal COMPENSATION SUMMARY Parcel No. . Location:. Burger and Fry Subdivision Owner: Albert and Grace Quintana • .1 Owner's Address: 205 N. 9th Avenue, Greeley Tenant: N/A Tenant's Address: Legal Description: Block Two, Lot 1, Burger and Fry Subdivision. Weld County Land: g 50 {N) 63.88 (S) Frontage x100.96 (E) 100 (W) Depth 5,694 Sq. Ft. Owner's improvements to be left on premises and included in conveyance: Buildings ' Structures, wiring and piping, and all fixtures of every kind, including all lighting and plumbing fixtures, water heaters and all heating and air conditioning equipment. Special Items Included: Owner may remove any fixtures from structures and nrnnerty with the exception of the actual structure within 90 days of the Notice to vacate. Severance Damage (If Applicable) • • Tenant's improvements to be left on premises for which tenant shall receive compensa • — tion: (If Applicable) Tenant's improvements which may be removed (If Applicable) 1 Market Value: , $7.5nn nn 1 kr December 9, 1976 , Valuation Date: Land Value; .$ 1,700.00 ' Improvement Value; $ 800.00 Owners Fixtures: (If Applicable) , ,, $ +' • Total Property Compensation: $ z,500.00 $ Add Tenant's Improvements (If Applicable) The above amounts have been established as just compensation by the Local Governing Body of theCountyof weld and were determined by evaluating all the facts known to ,theCountysuch as age, condition, location and size of the property, l a careful analysis of he 'appraisal (e) and a review of all sales of similar property is the area. 1 •I 1 .1 r II ';.• , ,. • 1 I I I• I , • • .� ' ! r1 II 1 1 ' 1r i ry ry 1 • I'1' ' t" .. it I • li i / 1942 Montview Drive Greeley, CO 80631 November 29, 1976 Miss Marianne LeClair Acquisition Officer City of Greeley Dept. of Urban Renewal 718 15th Street Greeley, CO 80631 Re: Review Appraisals on Block 1, Lots 9 and 10, Block 2, Lots 1, 11 and 12, Burger-Fry. Dear Ms. LeClair: Pursuant to your request,. and based upon the scope of services set forth in the HUD regulations, I have reviewed the above captioned appraisals. My observation and comments regarding these appraisals performed by Mr. Michael C. Marion and Mr. Robert Mitchell are presented in the attached report. Included in this report is my opinion of the values of the subject parcels. I, the undersigned, hereby certify that I have no present or prospective interest in the properties under appraisement, that my employment is not contingent in any way upon the amount of the value reported; that I have personally inspected the property, and, the statements made and the inform- ation contained in this report are true to the best of my knowledge and belief. Respectfully submitted, C. Ray Kiley REVIEW APPRAISER'S REPORT The appraisals reviewed are considered acceptable and in accordance with the standards for Federal Acquisition Appraisals. • Block 2, Lot 11 - Maldonado Marion Appraisal $600.00 Mitchell Appraisal $750.00 Review Appraisal $750.00 Value for structure was not considered as it was completely destroyed by fire. Block 1, Lots 9 and 10 - Mendoza Marion Appraisal $2,200.00 Mitchell Appraisal $2,800.00 Review Appraisal $2,800.00 Block 2, Lot 1 - Quintana • Marion Appraisal $1,350.00 Mitchell Appraisal $2,701.00 Review Appraisal $2,500.00 Block 2, Lot 12 - Barrera Marion Appraisal $1,300.00 Mitchell Appraisal $2,400.00 Review Appraisal $2,000.00 It is my opinion that the appraisals subject to this review are deemed to be acceptable and adequate to support the appraiser's opinion of value. Respectfully submitted, C tf,1c•- C. Ray Kiley 1 ' i. ,ark ,.' ;,' ♦�,,' i{66464 Ali 11 r ;',:'4:7 :""."t `4T "1D 9 j _ w. 4, • •.�t f`...: ` ,~`• .---- •�s\•.. .I.. Y��40•1w wwF...414.4K4.1.�°.rr.i.�r�r.....�a�+�� ir iw Y:i`i,w r........ ..�..»`"" .►.�r�\•Y►I 1111.�r GREELEY CIVIC CENTER Department of Urban Renewal GREELEY, COLORADO 60631 July 20, 1976 Mr. & Mrs. Albert Quintana 205 N. 9th Avenue Greeley, CO 80631 Dear Mr. & Mrs. Quintana: The County of Weld has been awarded a Community Development Discretionary Grant by the Department of Housing and Urban Development. One of the major purposes of the project is to eliminate dilapidated housing within the County of Weld and to relocate families occupying these dwellings into standard, safe housing. To accomplish this objective, your property in Weld County (Block Two, Lot 1) is scheduled to be acquired by Weld County. We will be purchasing your lot and structure. To enable us to establish fair market value of your property, two appraisers will appraise your land and buildings. Before coming to your property, they will contact you and will present to you a letter of introduction from the Urban Renewal Authority. At the time the appraisers contact you, we • would appreciate you notifying your tenants, if any, as to the date of the appraisal. If you have any questions concerning the project or the acquisition of your property, please feel free to contact me at any time. Sincerely, Marianne LeClair Acquisition Officer 356-4550 "A COMMUNITY OF PROGRESS" ) • , • ' 1 —as_ . v- . ,gZ/e ..E.e - ,,ex-5 5lS.e,/i / ei'\ \ L ' 00.0 50.0 on SU, s2 o v � 7 kh A a t C a ~ 0 y O C C v 65 b i .r 6 \•) ne"..O �` it 407. .G o L¢ o a II y_ �Ol� //S Zcro.o m R /Zs as. \J \ LoT 7 .k = L5 = ``i GP�.LE-,' Coz0 /75.a /o9.C- `d S3 Qs = L or a ; = L!o = ki V C 'coo ant- . , 7% : L oT 9 = = L7 ` c� \ /zs•o ea.?? .4477.0 a = L a a .�Q o >as'. • .. : L // a t29 * M 75.a 6795 2/2 Liok 14 6 �T��7' �o sfs . - 36 - Quintana Livestock Shed 21 '8" 32' - 37 - YI LEGAL DESCRIPTION 6 Lot One (1), Block Two (2) , Burger-Fry's Subdivision, r being a subdivision of a part of Lot Four (4) of the Southeast Quarter of the Northeast Quarter (SE/NEI) of Section Five (5) , Township Five (5) North, Range Sixty five (65) West of the Sixth Principal Meridian, according to the subdivision of lands by the Union Colony of Colo- rado, Weld County, Colorado. ISITE DESCRIPTION The subject site is nearly rectangular but slightly trapezoidal in shape II with the north line fronting on the south side of 5th Street being 50 feet in width. De pth th is 100 fee t. The east side fronting the Burger-Fry's access road P is 100.96 feet and the south boundary is 63.88 feet. It therefore contains 5 ,694 II square feet. Fifth Street is a partially improved public thoroughfare with paved III,, driving surface and dirt and gravel curbs and gutters or ditches. The site is f slightly below grade of the fronting street. Topography is practically level and probablyhas slow surface drainage. Soils are light brown, fine sandy loam. No I water, sewer or natural gas is connected to the site. Electricity is available from Home Light and Power Co. via overhead lines. , i L DESCRIPTION OF IMPROVEMENTS Shed 693 square feet. Frame and board construction over 4"x4" vertical post foundation supports . Open east front except for the north 8 feet which has board enclosure part way. Roof sheathing is a combination of partially deteriorated plywood and 1" boards covered with roll composition roofing. Dirt floor. Divi- ' ded into five small sheep corrals by horizontal 2"x6" boards. Fair to poor condition. Hoq Pens Open south front. Low constructed combination board and galvanized iron. One inch board and plywood roof sheathing. Portions of the galvanized iron and roll composition roofing material are missing. Upright creosoted post foundation supports. Poor condition. i - 38 - Robert , Mtb lit II Corrals Approximately 150 lineal feet of combination hog wire and post fencing with peeled cedar and heavy timber vertical posts . Hog wire reinforced by 2"x6" board top and bottom rails. Board and post livestock loading chute - poor condition. Well Although unable to physically inspect the well, it is assumed a dug well is situated under a small shed (as reported by the owner). This well is assumed unfit for human consumption but adequate for livestock if equipped. ZONING Y'. The property is zoned I, Industrial District by Weld County. Uses permitted in this district are found in excerpts from applicable ordinances in the Addenda of Volume I (Basic Data Report) previously submitted for this 1 appraisal project. 6 - Subject Quintana site is barely outside the 100 foot flood zone imposed by the City of Greeley - that is , the southwest corner of the subject site is feet from the center line of the Cache la Poudre River. approximately 200 PA Y ASSESSED VALUE AND TAXES II According to the records of the Weld County Assessor's office, subject Lot 1, Block 2, is assessed at $40.00 for land. The Assessor's records show no improvements therefore the total is $40.00. The applicable mill levy of 91.07 results in general real estate taxes of $3.64. HIGHEST AND BEST USE Present use - as limited livestock holding enterprise, with land as potential for industrial development. Rok,rt J MtIt Ili II - 39 - EVALUATION Sales History of Subject In August, 1969, Rodrigo Hinojosa deeded the property to Albert and Grace Quintana. No consideration was indicated. On September 17, 1975, Albert and Grace Quintana gave a quit claim deed, Reception No. 1670140, to Mary Quintana, their daughter. No consideration was indicated by the deed, a fact which was further confirmed by Mary Quintana. Market Approach (The Cost and Income Approaches are of little value to a proper appraisal of this practically unimproved parcel.) This property is somewhat unique of those being appraised for this general Urban Renewal project due to improvements that provide a limited use mainly for handling livestock. Most of the other improved properties include a low income housing facility or are vacant land. The subject existing improvements are considered to enhance the land value only slightly as an interim use during the relatively short.period when this property would more likely be put to its potential as a part of an industrial site. No sales of similarly improved property were found. Therefore, this property is analyzed on a comparative basis with both minimally improved transactions and purely land sales. The following analysis of seven trans- actions , results in indications of values for the subject on a unit (per square foot) basis , including any enhancement of the land by the existing improvements. , Sale No. 2 which took place in December, 1974 at the rate of $0.42 per square foot, if the total value were for land, is adjusted up for date and down slightly for location resulting in an indication of $0 .44 per square foot for subject land including improvements . Sale No. 4 in May, 1974, at the rate of $0. 18 per square foot, if all for land, is adjusted up for date, for lot size and for location but still only indi- cates $0. 30 per square foot for subject. Sale A at $0. 34 per square foot in May, 1975, is located just 30 feet east of subject. Adjusting up for date, lot size and improvements, and down for assemblage potential, it indicates $0.45 per square foot. - 40 - uw,,,,.! "dLLcnall Sale B included an old house which was demolished. The sale in August of 1975 at the rate of $0. 11 per square foot - if all land, is adjusted up for date and location and indicates only $0. 18 per square foot for subject. Sale C in July, 1975, at the rate of $0. 39 per square foot is adjusted up for date, lot size and down for location and indicates $0. 37 per square foot. Sale D in June of 1973, at $0.48 per square foot is adjusted up rather strongly for date, up slightly for location and indicates $0 .65 per square foot. Sale E in June, 1973, at only $0. 17 per square foot is also adjusted up strongly for date, slightly for lot size and up slightly for location indicating $0.25 per square foot. It is again noted that most of these sales included meager improvements and, in many cases, they were almost immediately razed from the site. Usually the improvements included were poor, low quality residences rather than live- stock facilities . The average of the seven indicators is $0 .38 per square foot. Sales 4 and A, which indicate $0. 30 and $0 .45 per square foot are the best comparables due to location in the Burger-Fry's Subdivision. However, No. 4 transaction took place over two years ago. Sale D, at the relatively high indi- cator of $0. 60 per square foot recognizes some enhancement due to assemblage with adjoining land. This apparently does not exist between the subject and neighboring land. As a result of this study, value of the subject site with contributory value of improvments is estimated to be $0.45 per square foot. 5,694 sq. ft. @ $0.45 p. s.f. = $2 ,562 As previously mentioned, there have been no sales of similarly improved properties . The contributory value of the sheds and corrals is minor. A Cost Approach (Replacement Cost New less depreciation) requires judgment estimates in heavy degrees regarding depreciation. The original general market analysis presented in the Basic Data Report suggests old, poor residential improvements generally to have contributory values of buildings , where utilized - at values in the $1 .00 to $1. 50 bracket. Therefore, the improvements are considered, from a market analysis , to have contributed as follows: Shed - 693 sq. ft. @ $1 . 00 p.s .f. = $ 693 Sheds , corrals and well $ 300 Total $ 993 - 41 - Market Analysis Summary Land -(if unimproved) 5,694 sq. ft. @ $0. 30 p.s.f. = $1 ,708 Improvements - $ 993 [r Total $2 ,701 Say - $2 ,700 Correlation 61 The Income Approach is of no value to this evaluation. It would be highly unusual to be able to rent the shabby livestock improvements. The site could possibly be rented at a low rate for industrial storage. It has been previously pointed out in the Basic Data Report that a Cost Approach is of little value due to the high degree of accrued depreciation which exists in the improvements involved with this type property. The market analysis has been presented by two methods from a practical approach as indicating a proper land value with slight enhancement for the unique improvements . A relatively recent sale (3/75) of Lot 5, Block 1 , Burger-Fry's Subdivision located 100 feet southeast of subject is also given consideration. The $2,000 purchase price is adjusted upward 10% or $200 for date, another $600 for loca- tion and down slightly sli htl for better improvements . Therefore, now indicating a value of $2 ,600. As a result of all of these considerations , value of the subject Mary Quintana ownership, is estimated to be $2,700 .00. - 42 - Quintana Parcel Looking northwesterly Q across street in Burger- - Fry's Subdivision. e Hello