HomeMy WebLinkAbout900625.tiff N 0
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q RESOLUTION
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ocx RE: APPROVE PURCHASE OF REAL ESTATE AND AUTHORIZE CHAIRMAN TO
"'W SIGN NECESSARY DOCUMENTS
2
u WHEREAS , the Board of County Commissioners of Weld County,
,i a Colorado, pursuant to Colorado statute and the Weld County Home
-a Rule Charter, is vested with the authority of administering the
in affairs of Weld County, Colorado, and
r.,x
w WHEREAS, the Board of County Commissioners submitted a bid to
m u the Small Business Administration, an agency of the government of
rnz the United States of America, on June 12 , 1990 , to purchase the
NH property described in the attached Exhibit "A, " and
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0 a WHEREAS, the SBA accepted the Board of County Commissioners '
w bid on June 12 , 1990 .
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°04" NOW, THEREFORE, BE IT RESOLVED by the Board of County
No z Commissioners of Weld County, Colorado, that the purchase of the
NZ n property described in the Exhibit "A" for the sum of $150 , 000 .00
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is hereby approved.
U
a BE IT FURTHER RESOLVED by the Board that the Chairman be, and
o,N hereby is , authorized to sign all necessary documents pertaining
N o to said purchase.
No
rir-4
Xi P4 The above and foregoing Resolution was, on motion duly made
and seconded, adopted by the following vote on the 18th day of
July, A.D. , 1990 .In '1 BOARD OF COUNTY COMMISSIONERS
ATTEST: 4 0.11/
/cw�'� WEL OUNTY, COLORADO
`b-
Weld Co_titm CAtzk tithe Board
ir- ene R.44-1Cantner, Chairman
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gy; -�,�_i .t < <' .1,‘ IctK It eorge Kennedy, Pro-Tem
D puty Clerk tolthe Board
APPROVED AS TO FORM: Sance L. Harber
,e- `�'
C.W. Ki b
T County Attorn
f Gotd lL
i
900625
NO
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NO
A EXHIBIT "A"
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c" Lots Eight (8) and Nine (9) ,
A Block Four (4) ,
p CLAYTON' S FIRST SUBDIVISION,
U TOGETHER WITH the West Half (W1/2) of the vacated alley being
coincident with the East line of said Lots 8 and 9 .
.. w
ti x AND
a
O ,4 Lots Six (6) , Seven (7) , Eight (8) , and Ten (10) ,
a' u Block Eight (8) ,
M Z CLAYTON' S SECOND SUBDIVISION,
� W TOGETHER WITH the North Half (N1/2) of the vacated alley being
✓ F coincident wit the South line of said Lots 6 , 7 and 8 ,
0 Cr) TOGETHER WITH the South Half (S1/2) of the vacated alley being
0D coincident with the North line of said Lot 10 ,
'n W TOGETHER WITH the West Half (W1/2) of the vacated alley being
CO 0 w
coincident with the East line of said Lot 10 ,
N
N
Q all in the CITY OF GREELEY, County of Weld , State of Colorado.
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900625
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'Recorded at---- o'clr Recorder.
Reception No. -- - _._
QUIT CLAIM DEED
Jul . Iv 90 ,
20th da of
Y
y
-m,5 n
Made AdminiI. stration inist
THIS D ss Adtn
'nis t stir, Small Business between Administrator,
and State of
of the City and *County of DenverColorado, a body
Colorado, grantor($), and Weld County,
ii corporate and politic of the State of Colorado
II Ii whose legal address is II Greeley, CO 80631
Y Colorado, rxnteepC),
Weld
end State of L g
'ount � •
I I 0of
of the
C
of __ _
_____ — DOLLARS
li WITNESSETH.That the grantor(X), for and m consideration
of($150,000.00)thesum --_
HUNDRED FIFTY THOUSAND AND NO/
ONE ,cd,has remised,released,sold,conveyed and QUIT CLAIMED. and by
which is hereby acknowledged, 'tg heirs, successors end assigns,
the receipt and sufficiency seof w QUIT CLAIM unto the grantee*
convey and Q together with
.. eS remise, release. ,ell,c Y hag in and to the real property,
resents do � the rantor(9j {
hest which ate o t wh g and St P nand an
interest. Maim an
d del
the right, title, ,lying
County of Weld
all 6 C
i forever, being in the y
situate,1 ing and g
'f am. Y
impr
ovements.1
Colorado, described as follows.
Subdivision and
Bloch Four (4) , Clayton' s First Subdivision
Sand
Nine 191 , Block 8, Clayton' s d B1
8) an 10) , ,
Lots Fight ! � ht (g) and Ten ( map or plat
71 . Eight recorded F
Seven l to the r
�' (6) , and (,cording _
Lot.. .,Ix Greeley, a 1 .
II
„ e City of Gt ley in Block
ii
ii all in the vacated al
Subdivision, � of the
Subd that portion 1 th 1 , Subdivision ,together with al Clayton's Second
ii
thereof; � Bloch 8 b •„cat
Chet on and in Blo
'v is t, portion of the v
d So 1 that F
Clayton' s First ether with al , � �� �n.
Cla, so togl di'. �
running North and South; and also
8
South of hots 6, Block 8, Clayton's Second
iLotAi and
ed
alley lying the vacated alley' 1, ,art
all that portion of THEREFROM that 1
of TING
Half EXCEPTING and the South , , Subdivision. E ,,, 9T 1
Clayton' s Second q CLAYTON'S F1H
8 Bloch Lot 10, Block , vacatedalley in said Bl g, } It said East Half of said ofthe
� the South 1/2 of Lot'
e [',aS line of
of the , of the North 1
SUBDIVISION, lying South S.
Block 4, extended Westerly.
B 1270 REC 02221002 07/24/90 15: 46 y0.00 1/001
F 1356 MARY ANN FEUERSTEIN CLERK 6 RECORDER WELD CO, CO
known b in
i also by street and number as:
d singular the appurtenances and privileges thereunto belonging or
to
D the same, together with all an g of the rantor(YJ,either in law or equity,
TO HAVE AND TO HOLD right,title,interest and claim whatsoever, g
anywise thereunto appertaining,and all the estate, g oits heirs and assigns forever.
the only proper use,benefit and behoof of the grante (x), this deed it the date set forth above.
IN WITNESS WHEREOF.The grantor(x)ha S executed
T
•:
SMALL BUSIN ESS ADMINISTRA
-- t
,C,-/-
o /
/
By: k, Chie ,
M A
III lan
il Fran
—� ion Division
Liquidation —
Liqu _—_1
�— l
STATE OF COLORADO, •
I, Sl ss.
County of Denver 1 , 1990 .
City and 0th day of July on.
l' before me this 2 'nl Strati
d ed Administration.
le A
was acknowledged S1neSS
II The foregoing instrument 'pn D1V 1Slon, Small Bll
'data
Li ui
I by M Al
lan Fra
nk,
Chief, 9
I.
,. My.commission expires June 25
l9 91 Witness my hand and official seal.
C _
���fifpTA,? . v
ii _if \\
: Y 721-19th St. Notary Public
1 :upRm. 428 80202
o)0%. B L\G 'o Denver, Co 2
• �,r er insert"City and." in.„
ff M fimcc. u- •
-
::: - - _ - ,•
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No.933•Rev.3-85. QUIT CLAIM DEED
Bradford Publishing,1743 Wazee St,Denver,CO 80202-(303)292-2500-3-90
FORM NO.5000 ALTA Owner's Policy(6-1-87) Amended 10-21-87
Policyof Title
Insurance
ISSUED BY
TRANSAMERICA TITLE INSURANCE COMPkNY
SUBJECT TO THE EXCLUSIONS FROM COVERAGE,THE EXCEPTIONS FROM COVERAGE CONTAINED IN
SCHEDULE B AND THE CONDITIONS AND STIPULATIONS,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,sustained or incurred by the insured
by reason of.
1.Title to the estate or interest described in Schedule A being vested other than as stated therein;
2.Any defect in or lien or encumbrance on the title;
3. Unmarketability of the title;
4. Lack of a right of access to and from the land.
The Company will also pay the costs,attorneys'fees and expenses incurred in defense of the title,as insured,but
only to the extent provided in the Conditions and Stipulations.
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.
� J
Transamerica Title Insurance Company
t'tE iNs4.44.0
9
p�
By -, s Ba t+ , `o J President
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By fi —• Secretary
o R04,
�%.ill ots""
PRono,9, gcv,026
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39VH3AOO WOH3 SNOISf11OX3
Le'lZ-01 PePuawy ILU -91+@pod s i mmp"1 b
SCHEDULE A
Amount of Insurance: $150 , 000 . 00 Policy No. : 80.28945
Date of Policy July 25 , 1990 Order No. : Same
7 : 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
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 :
Lots Eight (8) and Nine ( 9) ,
Block Four (4 ) ,
CLAYTON' S FIRST SUBDIVISION,
TOGETHER WITH the West Half (W1/2 ) of the vacated alley being coincident
with the East line of said Lots 8 and 9 :
AND
Lots Six (6) , Seven ( 7 ) , Eight ( 8) , and Ten ( 10) ,
Block Eight (8) ,
CLAYTON' S SECOND SUBDIVISION,
TOGETHER WITH the North Half (N1/2 ) of the vacated alley being
coincident with the South line of said Lots 6, 7 and 8 ,
TOGETHER WITH the South Half (S1/2 ) of the vacated alley being
coincident with the North line of said Lot 10,
TOGETHER WITH the West Half (W1/2) of the vacated alley being coincident
with the East line of said Lot 10 ,
all in the CITY OF GREELEY, County of Weld, State of Colorado.
PAGE 2 8028945
SCHEDULE B
This Policy does not insure against lose 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 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, 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 1989 General taxes paid, according to tax
certificate dated June 18 , 1990 .
PAGE 3 8028945
TRANSAMERICA Ir,ui+.incric❑
T1Tl E INSURANCE J.dc In,UGInCc G,mp.my
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PURCHASER'S SETTLEMENT STATEMENT
Escrow 90. 60''59y!j
Date of Flotation : July 24, 1990
Date of Settlement : July 24, 1990
Property Address: 104 11th Avenue
Greeley, Colorado 00631
PAGE 1 OF 2
Weld County, a Body Corporate and Politic of the State of Colorado
DEBIT ( (:EDIT
150 ,000.00
SELLING PRICE
37 . 500.00
Deposit Paid to Seller
TITLE CHARGE(S) : 365.00
Owners Policy
RECORDING CHARGE(S) : 13 .00
Release(s) Deed of Trust
MISCELLANEOUS TITLE CHARGE(S) : ]0.00
Ta --
Tax Certificate
ADDITIONAL CHARGE( S) :
---- -- -- - ---
Fire Insurance — POC
CLOSING FEE(S) : 50.00
Closing Fee
112 .a42 .00TOTAL AMOUNT DUE FROM PURCHASER __112
150 , 142' .00 ? 1`r'. 18^ .n(`
TOTALS
.. (1/7, 1
Cv�. )"
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PURCHASER'S SETTLEMENT STATESIENT
Date of Proration : July 24, 1990 Escrow No. 8028945
Date of Settlerient: July 24, 1990
Property Address: 104 11th Avenue
Greeley, Colorado 30631
PAGE 2 OF 2
LEGAL DESCRIPTION:
Lots Eight (8) and Nine (9) ,
Block Four (4) ,
CLAYTON'S FIRST SUBDIVISION,
TOGETHER WITH the West Half (W1/2) of the vacated alley being
coincident with the East line of said Lots 8 and 9:
AND
Lots Six (6) , Seven ( 7) , Eight (8) , and Ten (10) ,
Block Eight (8I ,
CLAYTON'S SECOND SUBDIVISION,
TOGEIHER WITH the North Half (N1/2) of the vacated alley being
coincident with the South line of said Lots 6, 7 and 8,
TOGETHER WITH the South Half (S1/2) of the vacated alley being
coincident with the North line of said Lot 10,
TOGETHER WITH the West Half (W1/2) of the vacated alley being
coincident with the East line of said Lot 10,
all in the CITY OF GREELEY, County of Weld, State of Colorado
The above figures do not include sales or use taxes on personal property .
APPROVED and ACCEPTED
PURCHASER(S) : BROKER(S) :
Weld County, a Body W. John Warren Li Assoc.
C:orpnrate and Politic of the
St te_u€ lolorado _ , ,J
SLI"II.GMENT AGENT:
Transamerica Title Tnsora�e C',
1113 10th Avenue
Greeley, Colorado 80631
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Continued from Back of Front Cover
Conditions and Stipulations have been provided the Company,a proof land,or cures the claim of unmarketability of title,all as insured,in a rea-
of loss or damage signed and sworn to by the insured claimant shall be sonably diligent manner by any method,including litigation and the cem-
furnished to the Company.within 90 days after the insured claimant shall pletion of any appeals therefrom, it shall have fully performed its oblige-
ascertain the facts giving rise to the loss or damage. The proof of loss tions with respect to that matter and shall not be liable for any loss or
or damage shall describe the detect in,or lien or encumbrance on the damage caused thereby.
title,or other matter insured against by this policy which constitutes the (b)In the event of any litigation, including litigation by the Company
basis of loss or damage and shall state,to the extent possible,the basis or with the Company's consent, the Company shall have no liability!or
of calculating the amount of the loss or damage. If the Company is prej- loss or damage until there has been a final determination by a court o'
udiced by the failure of the insured claimant to provide the required proof competent jurisdiction,and disposition of all appeals therefrom,adverse
of loss or damage, the Company's obligations to the insured under the to the title as insured.
policy shall terminate,including any liability or obligation to defend,pros- (c)The Company shall not be liable for loss or damage to any insur so
ecute, or continue any litigation, with regard to the matter or matters for liability voluntarily assumed by the insured ii settling any r iain or
requiring such proof of loss or damage. suit without the prior written consent of the Corn pany.
In addition,the insured claimant may reasonably be required to submit
to eixamination under oath by any authorized representative of the Com- 10. REDUCTION OF INSURANCE;
pany and shall produce for examination,inspection and copying,at such REDUCTION OR TERMINATION OF LIABILITY.
reasonable times and places as may be designated by any authorized rep- All payments under this policy,except payments made for costs,att on
resentative of the Company,all records, books, ledgers,checks,corre- neys'fees and expenses,shall reduce the amou at of the insurance pre
spondence and memoranda,whether bearing a date before or after Date tante).
of Policy, which reasonably pertain to the loss or damage. Further, if
requested by any authorized representative of the Company,the insured 11. LIABILITY NONCUMULATIVE.
claimant shall grant its permission, in writing,for any authorized repre- It is expressly understood that the amount of insurance under this
sentative of the Company to examine,inspect and copy all records,books, policy shall be reduced by any amount the Compemy may pay under any
ledgers,checks,correspondence and memoranda in the custody or con- policy insuring a mortgage to which exception is taken in Schedule B
trol of a third party,which reasonably pertain to the loss or damage All or to which the insured has agreed,assumed,or taken subject,or which
information designated as confidential by the insured claimant provided is hereafter executed by an insured and which is a charge or Tier on the
to the Company pursuant to this Section shall not be disclosed to others estate or interest described or referred to in Schedule A,and the amount
unless,in the reasonable judgment of the Company, it is necessary in the so paid shall be deemed a payment under this policy to the insured owner
administration of the claim.Failure of the insured claimant to submit for
examination under oath,produce other reasonably requested informa- 12. PAYMENT OF LOSS.
tion or grant permission to.secure reasonably necessary information from (a)No payment shall be made without producing this policy for endorse-
third parties as required in this paragraph shall terminate any liability of ment of the payment unless the policy has been lost or destroyed, in
the Company under this policy as to that claim. which case proof of loss or destruction shall be furnished to the sahs-
6. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; faction of the Company
TERMINATION OF LIABILITY. (b)When liability and the extent of loss or damage has been definitely
In case of a claim under this policy, the Company shall have the fol- fixed in accordance with these Conditions and Stipulations,the loss x
lowing additional options: damage shall be payable within 30 days thereafter
(a)To Pay or Tender Payment of the Amount of Insurance.To pay or 13. SUBROGATION UPON PAYMENT OR SETTLEMENT.
tender payment of the amount of insurance under this policy together
with any costs, attorneys'fees and expenses incurred by the insured (a)The Company's Right of Subrogation.Whenever the Company shall
claimant, which were authorized by the Company, up to the time of have settled and paid a claim under this policy, all right of subrogation
payment or tender of payment and which the Company is obligated to shall vest in the Company unaffected by any act of the insured claimant.
pay The Company shall be subrogated to and be entitled to all rights and
Upon the exercise by the Company of this option, all liability and remedies which the insured claimant would have had against any person
obligations to the insured under this policy, other than to make the or property in respect to the claim had this policy not been issued If
payment required,shall terminate, including any liability or obligation to requested by the Company,the insured claimant shall transfer to the Con-
defend, prosecute, or continue any litigation, and the policy shall be pany all rights and remedies against any person or property necessary
surrendered to the Company for cancellation. in order to perfect this right of subrogation.The insured claimant shall
(b)To Pay or Otherwise Settle With Parties Other than the Insured or permit the Company to sue,compromise or settle in the name of tee
With the Insured Claimant. insured claimant and to use the name of the insured claimant in any trans-
(I) to pay or otherwise settle with other parties for or in the name action or litigation involving these rights or remedies.
of an insured claimant any claim insured against under this policy,together If a payment on account of a claim does not fully cover the lost;of t! e
with any costs, attorneys fees and expenses incurred by the insured insured claimant,the Company shall be subrogaled to these rights a, d
claimant which were authorized by the Company up to the time of pay- remedies in the proportion which the Company's payment beard to r e
merit and which the Company is obligated to pay;or whole amount of the loss.
hi)to pay or otherwise settle with the insured claimant the loss or It loss should result from any act of the insured claimant. as stated
damage provided for under this policy,together with any costs,attorneys' above,that act shall not void this policy,but the Company. in that evert.
tees and expenses incurred by the insured claimant which were author-
this be required to pay only that part of any losses insured against❑y
ized by the Company up to the time of payment and which the Company this policy which shall exceed the amount, if am,; lost to the Cower y
is obligated to pay by reason of the impairment by the insured claimant of tile Compamy's
Upon the exercise by the Company of either of the options provided right of subrogation.
for in paragraphs(b)(i)or (ii),the Company's obligations to the insured lb)The Company's Rights Against Non-insured Obligors. The CoNr
under this policy for the claimed loss or damage,other than the payment: Pony's right of subrogation against non-insured obligors;hall exist at d
shall include,without limitation,the rights of the insured to indemnities,
required to be made,shall terminate,including any liability or obligation
to defend,prosecute or continue any litigation. guaranties, other policies of insurance or bonds, notwithstanding al y
7. DETERMINATION, EXTENT OF LIABILITY AND COINSURANCE, terms or conditions contained in those instruments which prowde for
subrogation rights by reason of this policy.
This policy is a contract of indemnity against actual monetary loss or 14 ARBITRATION.
damage sustained or incurred by the insured clairnant who has suffered
loss or damage by reason of matters insured against by this policy and Unless prohibited by applicable law,either the Company or the instils-d
only to the extent herein described. may demand arbitration pursuant to the Title Insurance Arbitration Rules
(a)The liability of the Company under this policy shall not exceed the of the American Arbitration Association.Arbitrable matters may not ud?.
least of. but are not limited to,any controversy or claim between the Company
(i) the Amount of Insurance stated in Schedule A;or and the insured arising out of or relating to this policy,any service of tie
hi)the difference between the value of the insured estate or inter- Company in connection with its issuance or the breach of a policy pr:e
est as insured and the value of the insured estate or interest subject to vision or other obligation.All arbitrable matters when the Amount of Insur-
the defect, lien or encumbrance insured against by this policy. ance is$1,000,000 or less shall be arbitrated at the option of either the
(b)In the event the Amount of Insurance stated in Schedule A at the Company or the insured.All arbitrable matters when the Amount of Insur-
Date of Policy is less tha.n 80 percent of the value of the insured estate ance is in excess of$1,000,000 shall be arbitrated only when agreed to
or interest or the full consideration paid for the land,whichever is less, by both the Company and the insured.Arbitration DU rsuant to this policy
or if subsequent to the Dale of Policy an improvement is erected on the and under the Rules in effect on the date the dernand for arbitration s
land which increases the value of the insured estate or interest by at least made or at the option of the insured,the Rules in effect at Date of Polio.y
20 percent over the Amount of Insurance stated in Schedule A,then this shall be binding upon the parties.The award may include attorneys'fees
Policy is subject to the following. only if the laws of the state in which the land is located permit a court to
(i) where no subsequent improvement has been made.as to any award attorneys'fees to a prevailing party.Judgment upon the award ren-
partial loss, the Company shall only pay the loss pro rata in the propor- dered by the Arbitrator(s)may be entered in any court having jurisd,, -
tion that the amount of insurance at Date of Policy bears to the total value tion thereof.
of the insured estate or interest at Date of Policy, or The law of the situs of the land shall apply to an arbitration under.the
(ii)where a subsequent improvement has been made, as to any Title Insurance Arbitration Rules.
partial loss,the Company shall only pay the loss pro rata in the propor- A copy of the Rules may be obtained from the Company upon reque=_t.
tion that 120 percent of the Amount of Insurance stated in Schedule A 15. LIABILITY LIMITED TO THIS POLICY;
bears to the sum of the Amount of Insurance stated in Schedule A and POLICY ENTIRE CONTRACT.
the amount expended for the improvement.
The provisions of this paragraph shall not apply to costs,attorneys'fees (a)This policy together with all endorsements,if any,attached hereto
and expenses for which the Company is liable under this policy,and shall by the Company is the entire policy and contract between the insured
only apply to that portion of any loss which exceeds, in the aggregate, and the Company. In interpreting any provision of this policy,this policy
'.0 percent of the Amount of Insurance stated in Schedule A. shall be construed as a whole.
(c)The Company will pay only those costs,attorneys'fees and ex- (b)Any claim of loss or damage,whether or not based on negligence,
penses incurred in accordance with Section 4 of these Conditions and and which arises out of the status of the title to the estate or interest coy-
Stipulations ered hereby or by any action asserting such claim,shall be restricted to
this policy.
8. APPORTIONMENT.
(c) No amendment of or endorsement to this policy can be made
If the land described in Schedule A consists of two or more parcels except by a writing endorsed hereon or attached hereto signed by either
which are not used as a single site, and a loss is established affecting the President, a Vice President, the Secretary, an Assistant Secretary,
one or more of the parcels but not all,the loss shall be computed and or validating officer or authorized signatory of the Company.
settled on a pro rata basis as if the amount of insurance under this policy
was divided pro rata as to the value on Date of Policy of each separate 16. SEVERABILITY.
parcel to the whole, exclusive of any improvements made subsequent In the event any provision of the policy is held invalid or unenforceable
to Date of Policy, unless a liability or value has otherwise been agreed under applicable law,the policy shall be deemed riot to include that pro-
upon as to each parcel by the Company and the insured at the time of vision and all other provisions shall remain in full force and effect.
the issuance of this policy and shown by an express statement or by an 17 NOTICES, WHERE SENT.
endorsement attached to this policy.
9. LIMITATION OF LIABILITY. All notices required to be given the Company and any statement in
writing required to be furnished the Company shall include the number
(a)If the Company establishes the title,or removes the alleged defect, of this policy and shall be addressed to the Company at PO. Box 2370,
lien or encumbrance,or cures the lack of a right of access to or from the Dublin,California 94568,or at the Policy Issuing office.
IITnrE of Col.•. DO� CERTIFIC. 2 OF TAXES DUE \K,
COUNTY OF WELD
I, the undersigned, County Treasurer in and for said County,do hereby certify that there are no unpaid tam, or unredaero,d tax sales, a
appears of record in the office,on the following described property,to-wit:
TR NO.
PARCEL 2786186 GR 4247 L6-7-8 BLKB CLAYTONS 2ND ALSO N2 C
NAME 62096105211012 R VAC ALLEY ADJ & L8-9-10 BLK4 CLAITONS 1 .ST
VENDOR HOVEL ROGER L ALSO S2 E—W VAC ALLEY TOGETHER WITH W2 N-S VAC
NO, ALLEY ADJ
TRANSAMERICA TITLE 687
8028945
EXCEPT-
1989 TAXES $4, 037.68
INTEREST DUE $80.75
THIS INTEREST FIGURE IS
GOOD THROUGH JUN, 1990
yI & Z-
TAX SALE CTF. :00486 OF THE ' 89 TAX SALE FOR THE ' 88 REAL ESTATE TAXES
THE AMOUNT NECESSARY TO REDEEM BEING - $2 , 886.88
THE REDEMPTION FIGURE ABOVE IS GOOD THROUGH THE LAST WORKING
DAY OF JUN, 1990. THIS AMOUNT MUST BE PAID BY CASH OR CASHIERS CHECK .
� -� ��f TOTAL AMOUNT DUE FOR THIS PARCEL IS $7 , 005.31
---Fo rn-I c�r z si ` 7 G er„G /
P-QA 2 - -sty
TMs does not Include lard Of krproYsn»nte +a wed seperaletT or %pedal District assessments urges* epecilicilly requested.
JUNE 18, 1990
FRANCIS M.LOUSTALET
T Until
Olt WELD COUNTY
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ii,r."73
REAL ESTATE TAX AGREEMENT
It is hereby understood and agreed between the purchaser(s) and seller(s) of
property known as: 104 11th Avenue
Greeley, Colorado 80631
that taxes for the current year have been adjusted as of this date as fo ll :s:
BASIS FOR PRORATION
Taxes have NOT been prorated. The 1990 taxes have been paid at closing
by the Seller and the Purchaser is exempt from taxes.
AGREEMENT FOR READJUSTMENT
The above tax proration is considered to be final settlement.
ASSESSMENTS
It is further understood and agreed between the purchasers and the sellers
that :
Special improvements now in are paid in full.
OTHER THAN TAX INFORMATION DISCLOSED ON THE CERTIFICATE OF TAXES DUE, THE
INFORMA'T'ION ABOVE WAS OBTAINED BY TELEPHONE FROM THE COUNTY ASSESSOR'S/
TREASURER'S OFFICE AND/OR APPROPRIATE CITY AUTHORITY. WE ACKNOWLEDGE THAT
TRANSAMERICA TITLE INSURANCE COMPANY SHALL NOT BE RESPONSIBLE FOR ANY
READJUSTMENT OF TAXES AFTER CLOSING. WE HEREBY RELEASE TRANSAMERICA TITLE:
INSURANCE COMPANY FROM ANY AND ALL LIABILITY FOR THE ACCURACY OF THE VERBAL OR
WRITTEN INFORMATION RECEIVED.
APPROVED AND ACCEPTED:
PURCHASER(S) : SELLER(S) :
Weld County, a Body Administrator, Small
Corporate and Politic of the Business Administration
Stay—et—Colorado
• c i
BY: zn_ � ' _� BY:
L >�r f
This agreement executed this 4th day of July, 199 .
ESCROW N0. : 8028945
{roam
ESC TOW No. : SO2S945
REAL ESTATE WATER AND SEWER AGREEMENT
It is hereby understood and agreed between the purchasers) and sellers) of
the property known as: 104 I1th Avenue, Greeley, Colorado S0631 , that as of
the date of closing the water and sewer status is:
Per verbal information from City of Greeley - mail .
ACCOUNT IS: METERED WATER and SEWER
Amount DUE : -0-
ACCOUNT IS IN BUYERS NAME.
BASED ON THE ABOVE INFORMATION:
Escrow Agent HAS NOT ADJUSTED FOR WATER AND SEVER, ADJUSTMEAT AS RIQLIKID,
WILL BE MADE BETWEEN PARTIES AND ARE NOT A PART OF THIS ESCROW.
The purchasers will contact the appropriate department(s) within ^_4 hours of
the closing to initiate service in their naves.
11 IS FURTHER UNDERSTOOD AND AGREED BETWEEN THE PURCHASERS AND SELLERS THAI
IRIS IS A FINAL SETTLEMENT AND HEREBY RELIEVE ESCROW AGENT OF ALL FLRIHE.R
LIABILITY AND RESPONSIBILITY.
this Agreenent executed this 24th day of July, 1990.
APPROVED AND ACCEPTED:
PURCHASER(S ) : SELLER(SI :
Feld County, a Body Administrator, Sinai
Co, porate mid Politic of the Busdness Adid nistration
I ile/6f Colorado 7 1 •. C 7 kitc,673
, it
p
TRANSAMERICA Trunsamcrin�
TITLE INSURANCE Tidelnsumrwe(on,p.my
it];Tcnth Avcnuo
Greeley,CO 406;
Telephone 3c; 352 1,83
Pax 3o3 ;52 ¢;iz
Colo ?4 , 1990
Weld County, a Body
Corporate and Politic of the
:;tale of Colorado
115 10th Avenue
Greeley, Colorado 80631
RE: ESCROW NO, SO28945 Administrator, Small Business Administration
'Weld County, a Body Corporate and Politic of the State of Colorado
SUBJECT PROPERTY: ]04 filth Avenue, Greeley, Colorado 80631
COUNTY: Weld,
METES AND BOUNDS: Lots S , o, Block 4 Clayton': First Subdivision --Lot:. n,
8 & 10, Bloch 8 Clayton's Second Subdivision
Gentlemen:
We enclose the following:
settlemeic Statement(sl
Copy of Warranty Deed
Real Estate Tare Agreement
Water and Sewer Agreement.
Prix Certificate
Phe original recorded Warranty Deed and any other recorded documents to which
You may be entitled will be mailed to you from the County Clerk and Recordet '
Office. Please Allow up to eight (5) weeks for delivery.
' our Owner's title Lnsuiar:ce Polio will be forwarded wider separate cover.
.he enclos=ed items should be iet.atned for future reference. If You have Ant;
questions, do not ficsitate to contact us. We thank you for this opportnult,.; o
oive you.
LticeYe y,
n
`IGL.tGee, ? b.-fTt,1exG
.
Rebecca L. Bu,ctgatner
ESCROW OFFICER
:.y
pert
en conveyance documents subject to the documentary fee submitted to the county clerk and recorder for recordation must be accompanied by a real
property transfer declaration.Upon completion,the declaration must be signed by the grantor(seller)or grantee(buyer).Refer to 39-14-102(1)(a),C.R.S.
and instructions on back.
REAL PROPERTY TRANSFER DECLARATION
1. Address or legal description of real property: 104 11th Avenue
Greeley, Colorado 80631
2. Is this a transaction among related parties? Yes ❑ No CI
3. Total sale price: $ 150,000.00
4. What was the cash down payment?$ 150,000.00
5. Did total sale price include a trade or exchange? Yes ❑ No E
6. Did the buyer receive any personal property in the transaction? Yes ❑ No n
If yes, the approximate value: $
7. Were mineral rights included in the sale? Yes 1 No ❑
8. Were water rights included in the sale? Ycs ❑ No
9. If applicable, you may include goodwill for a going business. Approximate value of goodwill?$ 41
10. V./as less than 100`70 interest in (he real property conveyed? Yes ❑ No I:
11. Date of Closing: July 1990
Month Year
12. Was the loan new ❑ or assumed ❑ ? IJ A
•
13. What was the interest rate on the loan?— rJ 4 N
14. What was the term of the loan? N I Y
15. Were any points paid? Yes ❑ No ❑ If yes, how many?
10
16. Signed this _� y day of } 19 4.
I1 V
❑
j C_ r 1 Grantor Grantee U =' r c .< c o
��7 �. / .
Elr
Grantor ❑ Grantee
/ANo. IRO./ R�E:AL PROPERTY TRANSFER DECLARATION 115-UPr-AD FORM TDI000-5 MV1
DP n/A i/Y.- Bradford PuEht Erne. 1741 N1,ree$1 .[Scott.CO WW2—15051 292.2300—949
REAL PROPERTY TRANSFER DECLARATION
GENERAL INFORMATION
Purpose: The real property transfer declaration is used by county assessors to obtain current, accurate information about the market value of real
property.The taxable value of the property being transferred is not based solely upon the specific information declared in the attached form,but upon
analysis of information gathered on all real property sold in the general area.Refer to 39-14-102(4),C.R.S.
Penalty for Noncompliance:Whenever a conveyance document is presented for recordation without the declaration,the clerk and recorder notifies the
county assessor,who will send a written notice to the grantee requesting that the declaration be returned within thirty days.
Failure by the grantee to submit the declaration may result in the assessor imposing a penalty of$25.00 or.025%of the sale price,whichever is greater.
This penalty may be imposed for any subsequent year that the grantee fails to submit the declaration,until the property is conveyed again.All unpaid
penalties are certified to the county treasurer for collection with the property tax.Refer to 39-14-102(1)(6),C.R.S.
Confidentiality:Any information used by the assessor to determine the actual value of real property,including information derived from the real property
transfer declaration is available to any taxpayer or any agent of such taxpayer,subject to confidentiality requirements as provided by law.The assessor is
required to make the declaration available for inspection by the grantee.
INSTRUCTIONS
1. Enter the correct street address or legal description of the real property.Do not use mailing addresses or P.O.box numbers.
2. Indicate whether the buyer or the seller were related.Related parties include persons within the same family,business affiliates or affiliated
corporations.
3. Indicate the total amount paid for all property.purchased. Include land and buildings,personal property(carpeting,drapes,appliances,
inventory,equipment.furniture),mobile homes,sheds,goodwill,water rights,mineral rights,and any other appurtenances.
4. Enter the amount of cash down payment,if any.If a cash sale,enter the total sales price.
5. Indicate whether any other real property was traded or exchanged as part of the transaction. For example,mark"Yes"If a vacant lot was traded
as the down payment,or if the sale price included an amount lilt repair of the roof.
6. Indicate if any personal property(carpeing,drapes,appliances,inventory,equipment,furniture)was included in the total sales price. If yes.
give the approximate value as of the date of the sale.
7. Indicate if any portion of the mineral right was transferred to the grantee.Mineral right is defined as an interest in minerals in and under the land
and all accompanying rights and privileges.
8. Indicate if any water right was transferred to the grantee.Warr right is defined as the right to use the water of a natural stream or water
furnished through a ditch or coral.Ihr such purposes as irrigation,mining,power or domestic use.Water rights are real property which may be
sold and transferred separately front the land.
9. If the sale price included an amount for goodwill of an on-going business,indicate the approximate consideration paid.Gtndwill is defined as the
benclil or advantage of having an established business occupying the property.Goodwill represents the difference between the purchase price and
the value of the net assets.
10. Mark"Yes"if only a partial interest in the property described is being conveyed.Mark"Not'if the grantee is to have the benefit of 1(Xl% interest
in the property.
I I. Enter the date of the dosing,
IF THE PROPERTY IS FINANCED,PLEASE COMPLETE#12-#15
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12. Indicate if the grantee obtained a new loan or assumed an existing loan on the property.
13. Enter the mortgage interest rate to be applied to the loan as stated in the financing agreement 18%. 10.27e.etc.).
14. Enter the length of time that will expire before the loan is fully paid as stated in the financing agreement(10 years,a_0 years,etc.).
15. A paint is defined as a fee or charge equal to one percent of the principal amount of the loan which is collected by the lender at the time the loan is
made. Indicate if any points were paid in securing this loan and if so,how many.
16. Enter the day.month,and year,ehis document is completed.At least one party'to the sale must sign the document. Indicate whethet the signing
party is the grantor(seller)or grantee(buyer).
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