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HomeMy WebLinkAbout20042498.tiff a s s r ,;,,, ,/„.,.. . ,,, ,!” Y . Y r, i s r , _.'.. :•%Fw { all r +' .aS u6OOK a k0 Weld COuntY, Colorado Tut N 918 Rrrorded .t o41eck OCT 3 1 to a 1810401 _Recorder. %♦ IIILL-N-PARK, INC. o. - • i a corporation duly organised and existing under and by virtue of Stale Documentary Fee I - M:'. • . the laws of the State of Colorado OCT 31 • - a D,w. whose address la P 0 BOX 929 i 3. n0 • County of WELD and Stale of • ° 7j • COLORADO , for the con.)derafion of TEN AND NO/100--- dollars, •- • • 0'- in hand paid•hereby sell(s) and convey(s) to 3 E R , A. PARTNERSHIP ca v. a r re c e whose address is P 0 BOX 632 •County of o v c f; WELD ,and State of COLORADO ,the following real property la the $ . c r+ County of WELD ,and State of Colorado,to-wit: M _ r' LOT 'B`, HILL-i7-PT RK FIRST FILING, County of Veld, v a} N State of Colorado, as per map recorded April 20, 1966, 'a Book ten (10) of maps, Page 128. 4 c e . t I . v y with all its appurtenances,and warrant(e) the title to the suns,subjectto the lien of general property taxes due in 1980 and payable in 1981. Subject to - any exceptions, conditions, restrictions and reservations of record Signed this 30th day,or October •1980 . / , ' 111 Ji—fls N,.. NC. "" • • .- . p / John L. Shupe seneterr. y Lu vall _ . . >e i0 STATE OF COLORADO, Ch. • • County of..._WELD ^ The foreedng instrutnent was acknowledged before me this 30th du of October • a80,b7,. Roy Lundva1l ea the President and I \\ .L l_ John L. Shupe es Secretary of �. `4 o n rn `~'; •••'��IyQfj:"D�RE,INC. commission ,atmrporatbs,. r t:c o f— ti!? ' ,)(y 'Meal 76, I9gl .t .• .`�.j'. .. �. ,r �1tae�em• Nd and.of awl ..11 ' ,,t,...,o_..,.......u..,,_,....tc.... .,a,, ,, .. .. ..... . C 7 .• 1 Kerry Nimbi N\arrc.waaaaNT!sea•-�.e t�1044440.4),III' a 2004-2498 • WELD COUNTY TITLE COMPANY 1221 8th Avenue Greeley, CO 80631 MIKE THOMAS 1317 15TH AVENUE GREELEY, CO 80631 Order No . LX69428 August 01, 2003 RE: TBD/J E R PARTNERSHIP TBD In connection with the above matter, we are enclosing herewith the following: Title Insurance Commitment Certificate of Taxes Due Exceptions Covenants Plat We are pleased to have the opportunity to be of service . If you have any questions or changes, please contact our title department at 970-356-3232 . cc:] J E R PARTNERSHIP COMMITMENT FOR T. .LE INSURANCE Issued by Lawyers Title Insurance Corporation LandAmerica Lawyers Title Insurance Corporation is a member of the LandAmerica family of title insurance undenvrders. Lawyers Title LAWYERS TITLE INSURANCE CORPORATION, a Virginia corporation, herein called the Company,for 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 Stipulations hereof. This Commitment shall be effective only when the identity of the proposed Insured and the amount of the policy or policies committed for have been inserted in Schedule A hereof by the Company, either at the time of the issuance of this Commitment or by subsequent endorsement. This Commitment is preliminary to the issuance of such policy or policies of title insurance and all liability and obligations hereunder shall cease and terminate six (6) months after the effective date hereof or when the policy or policies committed for shall issue, whichever first occurs, provided that the failure to issue such policy or policies is not the fault of the Company. This Commitment shall not be valid or binding until countersigned by an authorized officer or agent. IN WITNESS WHEREOF, LAWYERS TITLE INSURANCE CORPORATION has caused its corporate name and seal to be hereunto affixed by its duly authorized officers, the Commitment to become valid when countersigned by an authorized officer or agent of the Company. LAWYERS TITLE INSURANCE CORPORATION lll .- r"` Attest: di L✓NG� S E A L :i By: ?f_a/L1-t- V Secretary 4i`.. 1925 ;.f President rl'` 9''MM''''' Conditions and Stipulations 1. The term "mortgage,"when used herein, shall include deed of trust, trust deed,or other security instrument. 2. If the proposed Insured has or acquires actual knowledge of any defect, lien, encumbrance, adverse claim or other matter affecting the estate or interest or mortgage thereon covered by this Commitment other than those shown in Schedule B hereof, and shall fail to disclose such knowledge to the Company in writing, the Company shall be relieved from liability for any loss or damage resulting from any act of reliance hereon to the extent the Company is prejudiced by failure to so disclose such knowledge. If the proposed Insured shall disclose such knowledge to the Company, or if the Company otherwise acquires actual knowledge of any such defect, lien, encumbrance, adverse claim or other matter,the Company at its option may amend Schedule B of this Commitment accordingly, but such amendment shall not relieve the Company from liability previously incurred pursuant to paragraph 3 of these Conditions and Stipulations. 3. Liability of the Company under this Commitment shall be only to the named proposed Insured and such parties included under the definition of Insured in the form of policy or policies committed for and only for actual loss incurred in reliance hereon in under taking in good faith (a) to comply with the requirements hereof, or (b) to eliminate exceptions shown in Schedule B, or(c) to acquire or create the estate or interest or mortgage thereon covered by this Commitment. In no event shall such liability exceed the amount stated in Schedule A for the policy or policies committed for and such liability is subject to the insuring provisions and Conditions and Stipulations and the Exclusions from Coverage of the form of policy or policies committed for in favor of the proposed Insured which are hereby incorporated by reference and are made a part of this Commitment except as expressly modified herein. es, 4. Any action or actions or rights of action that the proposed Insured may have or may bring against the Company arising out of the status of the title to the estate or interest or the status of the mortgage thereon covered by this Commitment must be based on and are subject to the provisions of this Commitment. ALTA Commitment- 1966 Cover Page Form 1004-268 ORIGINAL rit COMMITMENT FOR TITLE INSURANCE American Land Title Association(1966) Issued by Lawyers Title Insurance Corporation Lawyers Title Insurance Corporation is a member of the LandAmerica family of title insurance underwriters. LandAmerica Lawyers Title LandAmerica Financial Group,Inc. 101 Gateway Centre Parkway Richmond,Virginia 23235-5153 Form B 1004-268 telephone,toll free: 800 446-7086 www.landam.com �'.' its ��. S rft WELD COUNTY TITLE COMPANY COMMITMENT FOR TITLE INSURANCE SCHEDULE A Commitment No. : LX69428 1 . Effective Date : July 17, 2003 @ 7 : 00 A.M. 2 . Policy or policies to be issued: Amount Premium A. ALTA Owner' s Policy $TBD $350 . 00 Proposed Insured: TO BE DETERMINED B. ALTA Loan Policy $ $ Proposed Insured: 3 . The estate or interest in the land described or referred to in this commitment and covered herein is fee simple and title thereto at the effective date hereof vested in: J E R, A PARTNERSHIP 4 . The land referred to in this commitment is described as follows : Lot B, Hill-N-Park, Weld County, Colorado. WELD COUNTY TITLE COMPANY By Kathy Olson Authorized Signature Issued: August 01, 2003 KAO/KAW • WELD COUNTY TITLE COMPANY Commitment No. : LX69428 SCHEDULE A - Continued REQUIREMENTS 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 the clerk and recorder of the county in which said property is located. NOTE: PURSUANT TO SENATE BILL 91-14 (CRS 10-11-122) THE COMPANY WILL NOT ISSUE ITS POLICY OR POLICIES OF TITLE INSURANCE CONTEMPLATED BY THIS COMMITMENT UNTIL IT HAS BEEN PROVIDED A CERTIFICATE OF TAXES DUE OR OTHER EQUIVALENT DOCUMENTATION FROM THE COUNTY TREASURER OR THE COUNTY TREASURER'S AUTHORIZED AGENT; OR UNTIL THE PROPOSED INSURED HAS NOTIFIED OR INSTRUCTED THE COMPANY IN WRITING TO THE CONTRARY. NOTE: IF THIS TRANSACTION INCLUDES A SALE OF THE PROPERTY AND THE SALES PRICE EXCEEDS $100, 000 . 00, THE SELLER MUST COMPLY WITH THE DISCLOSURE/WITHHOLDING PROVISIONS OF C.R.S. 39-22-604 .5 (NONRESIDENT WITHHOLDING) . NOTE: EFFECTIVE SEPTEMBER 1, 1997, CRS 30-10-406 REQUIRES THAT ALL DOCUMENTS RECEIVED FOR RECORDING OR FILING IN THE CLERK AND RECORDER'S OFFICE SHALL CONTAIN A TOP MARGIN OF AT LEAST ONE INCH AND A LEFT, RIGHT AND BOTTOM MARGIN OF AT LEAST ONE-HALF INCH. THE CLERK AND RECORDER MAY REFUSE TO RECORD OR FILE ANY DOCUMENT THAT DOES NOT CONFORM. A. Deed from J E R, A PARTNERSHIP to TO BE DETERMINED. NOTE : Certificate of Limited Partnership, relating to J E R, recorded November 21, 1977 in Book 814 as Reception No . 1736452 , discloses the following General Partners : John L. Shupe, Elmer E. Lundvall, and Roy Lundvall Page 2 • WELD COUNTY TITLE COMPANY Commitment No. : LX69428 SCHEDULE B EXCEPTIONS The policy or policies to be issued will contain exceptions to the following unless the same are disposed of to the satisfaction of the Company: 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 theretofore or hereafter furnished, imposed by law and not shown by the public records . 5 . Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires of record for value the estate or interest or mortgage thereon covered by this Commitment . Note: The above exception will not appear on policies where closing and settlement has been performed by the company. 6 . a. 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 . b. Any and all unredeemed tax sales, if any. Note :Upon receipt of a Certificate of Taxes Due evidencing that there are no existing open tax sales, the above exception 6b will not appear on the policy to be issued hereunder. Note: PURSUANT TO CRS 10-11-122 NOTICE IS HEREBY GIVEN THAT: (A) THE SUBJECT PROPERTY MAY BE LOCATED IN A SPECIAL TAXING DISTRICT; (B) A CERTIFICATE OF TAXES DUE LISTING EACH TAXING JURISDICTION MAY BE OBTAINED FROM THE COUNTY TREASURER OR THE COUNTY TREASURER'S AUTHORIZED AGENT; (C) INFORMATION REGARDING SPECIAL DISTRICTS AND THE BOUNDARIES OF SUCH DISTRICTS MAY BE OBTAINED FROM THE BOARD OF COUNTY COMMISSIONERS, THE COUNTY CLERK AND RECORDER, OR THE COUNTY ASSESSOR. Page 3 • WELD COUNTY TITLE COMPANY Commitment No. : LX69428 SCHEDULE B - Continued EXCEPTIONS 7 . Except right of way for Walters and Rogers Seepage and Waste Water Ditches and the Erickson Seepage and Waste Water Ditch, insofar as the same may affect the above described property. 8 . Undivided 1/2 grantors interest in all oil, gas and other mineral rights, as reserved by Lester and Walter Axel in the Deed to Anthony and Jessie Aranci recorded April 6 , 1955 in Book 1415 at Page 606, and any interest therein or rights thereunder. Page 4 NOTICE Colorado Division of Insurance Regulations 3-5-1,Paragraph C of Articles that "Every title entity shall be responsible for all matters which appearof record prior to-the time of recording whenever the title entity conducts the closing and is responsible for recording or filing of legal documents resulting from the transaction which was closed." Provided - - -that Weld County Title Company conducts the closing of the insured transaction and is responsible for recording the legal documents from the transaction, Item (a), under Schedule B, Section 2 will not appear on the Owner's Title Policy and the Lender's Policy when issued. Owner's Extended Coverage The Plain Language Owner's Policy (O.E.C.) is available on one-to-four family residence properties only,which includes residential condominium units. The policy provides owner's policy extended coverage, as well as other coverages, which include: -- Survey Coverage: Including loss from forced removal of existing structure, other than boundary wall or fence. NOTE: Adverse matters shown on survey will be excepted from coverage. -- Mechanic's Lien Protection: (Property must qualify) -- Insurance against actual loss because the insured cannot use the land for single-family residence on the basis that such a use violates a restriction or an existing zoning law. Upon receipt of the applicable premium, "Extended Coverage" will be afforded the Proposed Owner in the form of: Deletion of exceptions 1-4 under Schedule B, Section 2; and Issuance of ALTA 1987 Plain Language Policy, upon receipt of the following items satisfactory to the Company: 1) Final Affidavit and Agreement indemnifying the Company against unfiled Mechanic's and Materialmen's Liens; 2) Receipt and approval of an Improvement Location Certificate. Notice of Potential Mineral Severance If Schedule B of your commitment for an owner's title policy reflects an exception for mineral interests or leases, pursuant to CRS 10-11-123 (HB 01-1088), this is to-advise: — - (a) That there is recorded evidence that a mineral estate has been severed, leased or otherwise conveyed from the surface estate and that there is a substantial likelihood that a third party holds some or all interest in oil, gas, other minerals or geothermal energy in the property; and (b) That such mineral estate may include the right to enter and use property with out the surface owner's permission. • • NOTICE Affirmative mechanic's lien protection for the Owner may be available (typically by deletion of Exception No. 4 of Schedule B, Section-2 of the Commitment from the Owner's Policy to be issued) upon compliance with the following conditions: A. The land described in Schedule A of this commitment must be single family residence which includes a condominium or townhouse unit; B. No labor or materials have been furnished by mechanics or matieralmen for purposes of construction on the land described in Schedule A of the Commitment within the past 6 months; C. The Company must receive an appropriate affidavit indemnifying the Company against unified mechanic's and materialmen's liens; D. The Company must receive payment of the appropriate premium; E. If there has been construction, improvements or major repairs undertaken on the property to be purchased within 6 months prior to the Date of the Commitment, the requirements to obtain coverage for unrecorded liens will include: disclosure of certain construction information; financial information as to the seller, the builder and/or the contractor; payment of the appropriate premium; fully executed Indemnity Agreements satisfactory to the Company and.any additional requirements as may be necessary after an examination of the aforesaid information by the Company. LandAmerica PRIVACY POLICY NOTICE Dear Lawyers Title Customer, The Financial Services Modernization Act, known as the Gramm-Leach-Bliley Act, requires us to explain to our customers the ways in which we collect and use customer information. The statement attached to or on the reverse side of this letter is the privacy policy of the LandAmerica family of companies. The three largest members of the family — Commonwealth Land Title Insurance Company, Lawyers Title Insurance Corporation, and Transnation Title Insurance Company — may issue policies and handle real estate closings in virtually every part of the country. Some companies in the family provide other real estate services, and some operate more locally. You may review a list of LandAmerica companies on our web site (http://www.landam.com). You may also visit our web site for an explanation of our privacy practices relating to electronic communication. Our concern with the protection of your information has been a part of our business since 1876, when the company that is now Commonwealth Land Title Insurance Company issued its first policy. We will continue to protect the privacy, accuracy, and security of customer information given to us. No response to this notice is required, but if you have questions, please write to us: LandAmerica Privacy P.O. Box 27567 Richmond, VA 23261-7567. LandAmerica Insurance Companies: Commonwealth Land Title Insurance Company, Commonwealth Land Title Insurance Company of New Jersey, Industrial Valley Title Insurance Company, Land Title Insurance Company. Lawyers Title Insurance Corporation, Title Insurance Company of America, Transnation Title Insurance Company, Transnation Title Insurance Company of New York LandAmerica Title Agents (wholly-owned): American Title Company of Dallas and Fort Worth, Austin Title Company, ATACO, Inc., Albuquerque Title Company, Atlantic Title &Abstract Company, Capitol City Title Services, Inc., Commercial Settlements, Inc., Commonwealth Land Title Company; Commonwealth Land Title Company of Austin, Dallas, Fort Worth, Houston, Puget Sound, and Washington; Congress Abstract Corp., Gulf Atlantic, Lawyers Title Company; Lawyers Title of Arizona, El Paso, Nevada, and San Antonio; New Mexico Title Co., Partners Title Company, Pikes Peak Title Services, Property Title Ins. Co., Rainier Title Company, Texas OneStop, Texas Title Company, Title Transfer Service, Inc., Transnation Title&Escrow,Wilson Title Company LandAmerica Title Agents (partially owned): Bankers Alliance Title Agency, Biltmore Abstract, CFS Title Insurance Agency, Charleston Title Agency, Charter Title Company of Fort Bend, Chatham Settlement, E. Title Agency, First Growth- Commonwealth Title Agency, First Title & Escrow, Inc., Four Star Title Agency, HL Title Agency, Jones & Tatom Title & Trust, Land Canada LTD., Land Title Associates, Lawyers Title Galveston, Lion Abstract, Longworth Insured, M/I Title Agency, M and M Title Services, National Land Transfer(NJ and PA), NIA/ Lawyers Title Agency, RE/Affirm Title Agency, Residential Abstract, Residential Title, Sibcy Cline Title Agency, Title Affiliates of Central Florida, Naples, Clearwater, Graham, Indian River, Orlando, Polk County, Tampa Bay, and West Central Florida; TransOhio Residential Title Agency, TRI Title Agency,TRI-County Title Agency-Michigan,Tri-State Title Agency, University Title Services, Inspections, Appraisals, Mortgage Servicing, and Ancillary Services: lnspectech, Inc., LandAmerica OneStop, Inc., LandAmerica Account Servicing, Inc., LandAmerica Default Service Co., REalitics,TransAccount Services, Inc. • LANDAMERICA PRIVACY POLICY What kinds of information we collect. Most of LandAmerica's business is title insurance, but there are companies in our family that provide other real estate services to consumers. We collect information about you, (for instance, your name, address, telephone number), and information about your transaction, including the identity of the real property that you are buying or financing. We obtain a copy of any deeds, notes, or mortgages that are involved in the transaction. We may get this information from you or from the lender, attorney, or real estate broker that you have chosen. Our title insurance companies then obtain information from the public records about the property so that we can prepare a title insurance policy. When we provide closing, escrow, or settlement services, mortgage lending, or mortgage loan servicing, we may get your social security number, and we may receive additional information from third parties including appraisals, credit reports, land surveys, escrow account balances, and sometimes bank account numbers to facilitate the transaction. If you are concerned about the information we have collected, please write to us. How we use this information. The company giving or specifically adopting this notice does not share your information with marketers outside its own family. There's no need to tell us to keep your information to ourselves because we share your information only to provide the service requested by you or your lender, or in other ways permitted by law. The privacy laws permit some sharing without your approval. We may share internally and with nonaffiliated third parties in order to carry out and service your transaction, to protect against fraud or unauthorized transactions, for institutional risk control, and to provide information to government and law enforcement agencies. Companies within a family may share certain information among themselves in order to identify and market their own products that they think may be useful to you. Credit information about you is shared only to facilitate your transaction or for some other purpose permitted by law. How we protect your information. We restrict access to nonpublic personal information about you to those employees who need the information to provide products or services to you. We maintain physical, electronic, and procedural safeguards that comply with law to guard your nonpublic personal information. We reinforce the company's privacy policy with our employees. Agents that may be covered by this policy. Often, your transaction goes through a title insurance agent. Agents that are part of the LandAmerica family are covered by this policy. Agents that are not part of the LandAmerica family may specifically, in writing, adopt our policy statement. Hello