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HomeMy WebLinkAbout910339.tiff RESOLUTION RE: APPROVE AGREEMENT FOR EXCHANGE OF REAL ESTATE INCLUDING LAND AND ANY AND ALL IMPROVEMENTS WITH THE BRIGGSDALE FIRE PROTECTION DISTRICT AND AUTHORIZE CHAIRMAN TO SIGN WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to Colorado statute and the Weld County Home Rule Charter, is vested with the authority of administering the affairs of Weld County, Colorado, and WHEREAS, the Board has been presented with an Agreement for Exchange of Real Estate including Land and any and all Improvements with The Briggsdale Fire Protection District, with the terms and conditions being as stated in said Agreement, and WHEREAS, after review, the Board deems it advisable to approve said Agreement, a copy of which is attached hereto and incorporated herein by reference. NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld County, Colorado, that the Agreement for Exchange of Real Estate including Land and any and all Improvements with The Briggsdale Fire Protection District be, and hereby is, approved. BE IT FURTHER RESOLVED by the Board that the Chairman be, and hereby is, authorized to sign said Agreement. The above and foregoing Resolution was, on motion duly made and seconded, adopted by the following vote on the 17th day of April, A.D. , 1991. Jl�^��111� / BOARD OF COUNTY COMMISSIONERS ATTEST: /i Il C4LN(•R�/!�4 WELD CO ' COyOR@]j9. Weld County Clerk to the Board (%7�� Gordon E. Lacy, Chairman Deputy Cark to the Board rGe ge Kenne y, Pro-Tem APPROVED AS 0 FORM: Constance L. Harbert Gir County Attorney C. W. Kirby ( ' W. ( s er -121111;1:1:2 910339 AR2248080 AGREEMENT FOR EXCHANGE OF REAL ESTATE INCLUDING LAND AND ANY AND ALL IMPROVEMENTS THIS AGREEMENT, made at Greeley, Colorado, this /�Jfh day of April, 1991, by and between WELD COUNTY, COLORADO, a body corporate and politic of the State of Colorado, by and through the Board of County Commissioners of Weld County, Colorado, hereinafter referred c o to as "Weld County" and THE BRIGGSDALE FIRE PROTECTION DISTRICT, a o Special District organized according to the laws of the State of r p Colorado, hereinafter referred to as "Fire District. " o q WITNESSETH: a 0 3 In consideration of the mutual promises and covenants o x contained herein and in consideration of the respective values of "q the real properties which are the subject of this Agreement, Weld x County agrees to exchange properties with Fire District as follows : v Weld County shall receive title to the property which is described ,_ c4• in the attached Exhibit "A" which is currently owned by Lloyd N Washburn. Mr. Washburn plans to convey all right, title, and interest in said property to Fire District. Fire District then � x shall convey said property to Weld County. In exchange for said aproperty, Fire District shall receive the property described in the rn o attached Exhibit "B. " Said property is currently owned by Weld 4:r z County, Colorado, and is used for the housing of a motor grader at NH Briggsdale, Colorado. The properties as exchanged shall include � Ew+ any and all improvements currently located thereon. o cn w The agreement for the exchange of said properties is subject o w to the following conditions : or7 00 az N 1 . The exchange of the properties shall be on an even basis o • and shall not require the exchange of further consideration, with x the exception of those items agreed to in this Agreement. w x Lc) M rn d' 2 . Fire District shall furnish to Weld County a Warranty rl N Deed for the property described in Exhibit "A. " Weld County shall w w contemporaneously furnish to Fire District a Warranty Deed for the Page 1 of 4 Pages Ji3J49 /PIV1la property described in Exhibit "B. " Weld County shall purchase title insurance only on the property described in Exhibit "A. " Each property shall be surface interests only (excluding mineral interests) . The property transferred to Weld County (see o Exhibit "A" ) shall be subject to a thirty (30) foot access easement reserved unto Lloyd Washburn and located on the east thirty ( 30) i0 feet of the property. V 4 o w 3 . General taxes on the properties described in Exhibits "A" o and "B" for the year 1991, if any, shall be apportioned to the date o w of delivery of the Deeds, based upon the most recent levy and the o most recent assessment . x O V a 4 . The properties described in Exhibits "A" and "B" shall be - free and clear of all liens for special improvements installed as w a' of the date of the parties ' signatures hereon, whether assessed or ~ a not; free and clear of all liens and encumbrances, and except the ri recorded and/or apparent easements ; subject to all applicable m u building and zoning regulations; and shall exclude all minerals . c z Title for each property shall be merchantable in the respective w owners prior to the date of the exchange. E o cn a o a 5 . The date of exchange of the properties described in ow Exhibits "A" and "B" shall be the date of delivery of the Deeds . co The hour and place of closing shall be agreed to by each party. �r z N Z N a' o r 6 . Possession of the properties described in Exhibits "A" C.) C4 and "B" shall be delivered to the respective new owners upon a £ closing and shall not be subject to any leases or tenancies . io c al Tr N+ N 7 . The parties hereto represent and warrant as of the date w w hereof and as of the date of the closing that neither the execution of this Agreement nor the consummation of the transaction provided for herein constitutes , or will result in, any breach of any of the terms, conditions, or provisions, or constitute a default under any indenture, charter, by-law, mortgage, loan agreement, lien, lease, Page 2 of 4 Pages n1.0739 license, judgment, decree, order, instrument, or other verbal or written agreement to which the seller is a party of or is subject to, or to which the property is subject to, except as provided herein. co o o U 0 M . 8 . All of the conditions stated herein shall be in full U force and effect, notwithstanding the conveyance of the said A parcels by Warranty Deeds, and shall not merge with said Warranty o w Deeds . 0 3 o x 9 • Fire District agrees to pay for, solely at its own �s1 expense, a line extension and hook-up for water to the property odescribed in Exhibit "A. " The parties estimate the cost to be U approximately $350 . 00, with an additional cost for plastic pipe to also be paid for by Fire District. Weld County shall dig the N necessary trench for the pipeline on WCR 392 . a 10 . The parties agree that all of the improvements which are W currently located on the property described in Exhibit "B" shall u remain, including the propane tank currently sitting on the property and hooked into the existing structure. Fire District NH agrees to purchase and provide to Weld County at the property F described in Exhibit "A" a propane tank of equal quality as that which currently exists on the property described in Exhibit "B, " • a solely at Fire District ' s own expense. Fire District shall provide • w the tank to the site on the date and time established by Weld o w County. Weld County shall pay for the installation and hookup of vi z the propane tank once it is delivered to the site. N .Z, N r.C 11 . A fuel storage tank is currently buried on the property U a described in Exhibit "A. " Weld County shall excavate the fuel w tank, remove the same, and temporarily store the tank next to the a pit from which it was removed. Weld County will ask for an VD rn � inspection by the Weld County Health Department to determine if any H ry contamination has occurred in the soil in and around the fuel tank w in its buried state. This excavation shall take place prior to the date of closing. If the Weld County Health Department detects contamination of said soil, Weld County will then pay up to $2, 000 . 00 for any required independent evaluation and mitigation of contamination at the site. The cost of the evaluation and the mitigation beyond the $2 ,000 . 00 provided by Weld County shall solely be the responsibility of Fire District. In the event that Page 3 of 4 Pages -' , 03o oV O v• ' O U a contamination is detected, Weld County will have the option of o w declaring this Agreement void and of no effect. O3 O w 12 . The parties agree that Fire District and Lloyd Washburn w will provide Weld County a temporary access easement to the o property described in Exhibit "A" for the purpose of excavating w said buried fuel storage tank and for the purpose of removing any , a improvements and/or debris and leveling the property. Weld County shall contact Fire District and Mr. Washburn prior to commencing x these activities . a w IN WITNESS WHEREOF, the parties hereto have subscribed their rn a names this Olt day of April, 1991 . �• z `" H ATTEST: WELD COUNTY, COLORADO, by and ▪ F ; through the Board of County o z Weld CouOty Clerk . 'the Board Commissioners of Weld County, O ;�,.,,. Colorado co p /1 (�( y 0O0 BY:_x_V tl c . J By: Deputy Cl�k to the Board G , Chairman N Q O C.) a BRIGGSDALE FIRE PROTECTION a DISTRICT, a Special District 1/4O43 me N BY: ,4*, ‘' i'c:,, co w K Washburn, President luSUBSCRIBED AND SWORN to before me this J 3-L.C-- day of , 1991 . WITNESS my hand and official seal . \i'U d 1 G r J /j� I -1/1/77. .4%,$ Notary Public /T,''fiIark ssion expires : NIY COM-P'CION EXPIRES JUNE 8, 1994 abriggsd. ssa Page 4 of 4 Pages p qJ 0'7:31 PROPERTY DESCRIPTION TRACT #1 as indicated on that Land Survey Plat as recorded March 12 , 1991 in Book 1292 , as Reception Number 02243672 of the records of the Weld County Clerk and Recorder (WCCR) and being part of the North Half of the Northwest Quarter (N/12 NW1/4) of Section Twenty- eight ( 28) , Township Eight (8) North, Range Sixty-two (62 ) West of 00O the Sixth Principal Meridian (6th P.M. ) , County of Weld, State of o u Colorado and being more particularly described as follows: in BEGINNING at the Section Corner common to Sections 20/21/28/29 , p T. 8N. , R. 62W. as monumented by a found PK nail and assuming the O w North line of said Section 28 to bear North 89°40'52" East as O 3 indicated on Recorded Exemption No. 0545-28-2-RE643 as recorded o x January 30 , 1984 in Book 1019 as Reception Number 01954533 of the " w records of the WCCR with all other bearings contained herein a relative thereto. The Section Corner common to Sections 0 21/22/27/28 , T. 8N. , R. 62W. is monumented by a found carriage bolt: w � x N #1 : THENCE North 89°40'52" East along said North line, 734 .69 feet to the point of intersection with the Westerly Right-of-Way " z (ROW) line of the abandoned Union Pacific Railroad (UPRR) . a Said point also being the Easterly line of Weld County Road rn v (WCR) #392 extended Northerly. Said point being the TRUE c z POINT OF BEGINNING. Said point is calculated only and is not N H monumented: • W a F O z #2 : THENCE continuing North 89°40 '52" East along said North line O of Section 28 , 250 . 15 feet to the point of intersection of w w the Easterly ROW of the abandoned UPRR. Said point is o oo calculated only and is not monumented. Said point also being N• z the Northwest Corner (NW Cor) of Lot `B' of Amended Recorded N Exemption 0545-28-2-RE971 : O >4 #3 : THENCE South 01°40 '09" West along the Easterly line of said u x abandoned ROW of the UPRR and the Westerly line of said Lot a `B' of Amended Recorded Exemption, 30 .02 feet to a point on 1/4Or. the Southerly ROW line of the County Road ROW. Said point NCI' being monumented by a set #4 rebar 18" in length with yellow r-I N plastic cap stamped JONES #22098 : A w #4 : THENCE continuing South 01°40'09" West, 590 . 66 feet to a point being the Northeast Corner (NE Cor) of Lot `A' of Recorded Exemption No. 0545-28-2-RE971 as recorded January 23 , 1987 in Book 1143 , as Reception Number 02085834 of the records of the WCCR. Said point being monumented by a found #4 rebar with yellow plastic cap stamped M & S #7242 : #5: THENCE North 88°19' 51" West, 250 .00 feet along the North line of said Lot `A' , also being the North line of Parcel #1 and the North line of said Parcel #1 as extended Easterly as indicated on that Land Survey Plat as recorded December 6 , 1984 in Book 1094 , as Reception Number 02035037 to a point being the Northwest Corner (NW Cor) of said Lot `A' and also Parcel #1 . Said point also being on the Westerly ROW line of the abandoned ROW of the UPRR, and also being on the Easterly ROW line of WCR #392 . Said point being monumented by a found Exhibit "A" ` #4 rebar with broken yellow cap stamped JONES #22098 : #6 : THENCE North O1°40' 09" East along said Westerly ROW line of the abandoned UPRR and the Easterly ROW line of WCR #392 , a distance of 581 . 98 feet to a point on the Southerly line of the County Road ROW. Said point being monumented by a set #4 rebar 18" in length with yellow plastic cap stamped JONES #22098 : #7 : THENCE continuing North O1°40'09" East along the said Westerly w o ROW line of the abandoned UPRR and the Easterly ROW line of CD WCR #392 extended Northerly, 30 . 02 feet to the TRUE POINT OF BEGINNING. LO o Said described parcel of land contains 3 .537 acres, more or less w (±) , and is subject to any rights-of-way or other easements as 0 O3 granted or reserved by instruments of records of as now existing o x on said described parcel of land. nw A x SURVEYOR'S CERTIFICATE W � a N Z , Charles B. Jones, a Colorado Registered Professional Land Surveyor do hereby state to: Weld County 915 10th Street ON 0 Greeley, Colorado 80631 � & 41. z N H Transamerica Title Insurance Company_ ✓ F 1113 10th Avenue 0 a Greeley, Colorado 80631 w that this Property Description was prepared under my personal co w supervision from an actual and accurate survey of TRACT #1 as c w indicated on the Land Survey Plat as indicated hereon and that this Property Description is true and correct to the best of my cN" knowledge, information, belief , and in my professional opinion. 0 >4 I further state that this certificate does not extend to any w unnamed parties or the successors and/or assigns of Weld County. KC x I further state that this certificate is for the use of 1/40 co Transamerica Title Insurance Company only for the purposes of on N v. completing work necessary for the issuance of a title insurance N policy. w w ea; tiREGisi_ ✓ `cO O•; Charles B. Jones :T .r 2 Colorado Registere Pr mt sional Po Land Surveyor #22098 AF,pi,,*••.......•'SJ�G' ANAL LPND Project Number: 1991-3-A ';.4 y9j`3+4 APE- 2-91 TUE 1526 WE' " 0GUNTY E:3R EI RING FAX N0, 3IP "`6 4000 4779 P. 01 '6 Li i wmU a a i • .}.r w a w _8 4 v) H cr •J.C `/ 2 O • • • �� I -� . M9--•'. 1 h a ♦ , rn 114 l� IT W , r �? W L .- G mW 2 .. •• ;- P L. C ..__ _.`_ q_ X--•— _ _ _ • d J .s - ,p Oa a� X C _ �9 q. mo a3a s s. �Y o c....) to • U , CI.W .1 3Y .a• Y KR I ♦'. !a ^-TI ill•� x!' ? .p L • a .r oW d �� 211Nu4W. J `, oa • r 1 • .• ,_,,` ,.1y ni �z� : • I-3_y°° °"b _J .0 s3 ha -y z � �ti: S.Y l: a • µ U • ti a -Yr3;�. • �-^v 1,y- '+'irY� rr•;.s.. ,' .F:,,•w, • ,Ii JI x \vrzh•.,. �, .k 4.'..1<1‘. a`•J• r y', i.' '. ,. r�t �� 7 � µ 11 . O U] f,:+:,!! 7 ..a . .. u; M ! . ♦.i a'�un♦...m. ►.r..d3, .r..w, ..MP, .rw n U� la Mr El : 01 d W iq ^cY�r �:Yv;:r'-"im;j.p,.;. •J:•.',17.,)‘•21.;. ;,.t' -ire x,70 •0700 - :3;-..i :.`c•ij '�!'F,`�t ' •-?;•%�'A... . ] .. `�1r' t..l• . 1, Pelt;(n lii.. ;• >J u=co 14 CV z N zi A r v:,•.,• .... S .. q < ♦ •1` t?.-•• C .:' 0it* w U W .1 fit.•-• ,`YQr , P n 2..< tL. t,-..?i.� b l.i''.41 rt t}tA� • J r r r r _ W \ t a�r`l r . 6 i .s.z.H .. J yptt;{)'V+; , 0• N "� 1Q( k���"f1"'� r •^ J ri ,0 12 ,�a. T U��P�. -, Y "..Y.'-‘,-'�'' ; 1re X �yt (../.. h =Y N ,--r ')4 1C..J r C`i Cit'. }j 7 /'.t i w•� s-pets,,,;`�•Y{ b�U� 'f� • . � � 1 s „e+ue r-1 N I:C( 1 >-,� 4C.+° 1.p�{:.�S�t •„a Y rh ......:)......-e.-.-2...„-:.-,••... , 3�' .. 1 r r {,r f , -•�F9 t `4d la♦:,�`��1 11:1',1.1t V. F ?f`r�.�l-Lx` ` r��LL�• _2' •. 1 !17 k' .i 3y 2'l G` r.k. ,+i. 4,,,' J ��. ti !`r..,1,11 +, al S/� t(a J y .Ct /!1 F — r•' ;,:.,.,:,?•!4.,,,..:.•••,,� di';1�� ti � ... n +.. �. c v. ti•:� 1-ty'p.�l`u4y'� _^, ' Y....� r ., EXHIBIT " n .c.. ;if f`; t,. iv`i11 `141, ;ti `0� . f ' . �;,i: r r7 s ill N i r i I. �; 4T —...�...� t ) APR -2 ' 91 13726 - -- - a':9.�e- '3�,.'_3.,.'i�`• '�303 356 4000 4779 PAGE . 001 GRANT OF EASEMENT THE UNDERSIGNED FEE OWNER of the real estate described in the attached Exhibit "A" (the "property" ) , as "Grantor" , hereby grants and conveys to the County of Weld, a political subdivision of the State of Colorado, as "Grantee" a temporary construction easement oo o over, across, and under the property for the purpose of excavating o a buried gasoline tank, removing certain personal property and/or co o improvements, and leveling the property. This temporary construction easement is for a term of thirty days . The grant and conveyance is made without warranties of title, but is irrevocable q o w and is binding upon the Grantor, his personal representatives, 0 3 heirs, devisees, and assigns . This grant does not include any o w rights and interest in and to the oil, gas, and other minerals, in, O on, and under the property. Grantor understands that Grantee ' s a work on the property is pursuant to the Agreement between the • County of Weld and the Briggsdale Fire Protection District, a copy ,._, z of which is attached hereto as Exhibit "B. " N xDATED: April /6 , 1991 . a a GRANTOR: rn U .41Z 1-4 � \ i1/ �/`t3/1 �i�Zrevn i eF Lloyd Washburn o m 0 5 F.SUBSCRIBED AND SWORN to before me this /h day of April, 0o w I :.......- o w � ;.� 0f,'. i, ; d' z ,F1S.TNESiS, my hand and official seal . N z (.1 <c ; o l) CCIGI tD o otary Publi rn LC) N r1 ri N pq e, My commission expires : MY COMMISSION EXPIRES JUNE 8, 1994 AWAHBUR. SSA z oci:3 AF221,221$ l B 1310 REC 02262218 09/05/91 15: 30 $0 . 00 1/002 h `F 0691 MARY ANN FF,UERSTEIN CLERK & RECORDER WELD CO, CO RECORDER'S STAMPTHIS DEED, Made this 2th day of August '8 19 91 ,between Briggsdale Fire Protection District, A Special District of the County of Weld and State of Colo- rado,of the first part, and County of Weld, a body corporate and politic of the State of Colorado whose legal address is 915 10th Street, Greeley, Colorado 80631 of the County of Weld and State of Colorado,of the second part; WITNESSETH,That the said part of the first part, for and in consideration of the sum of good and valuable consideration to the said part y of the first part, in hand paid by the said part y of the second part, the I receipt whereof is hereby confessed and acknowledged, has granted, bargained, sold and con- veyed, and by these presents does grant, bargain, sell, convey and confirm unto the said part y of the second part, its heirs and assigns forever, all the following described ! lot or parcel of land, situate, lying and being in the County of Weld I and State of Colorado,to wit: The property described in the attached j Exhibit A. I aK tildieWtXXXsIti XXX1:31 11151₹K Together with ail and singular the hereditaments and appurtenances thereunto 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 lacy or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances; TO HAVE AND TO HOLD the said premises above bargained and described, with the appurtenances, unto the said part y of the second part, its heirs and assigns forever. And the said part y of the first part,for it sel f its heirs,executors and i administrators, do covenant,grant,bargain and agree to and with the said party of the ! second part, its heirs and assigns, the above bargained premises in the quiet and peaceable possession of said party of the second part, its heirs and assigns, against all and every person or persons lawfully claiming or to claim the whole or any part thereof, by, through or under the said part y of the first part to WARRANT AND FOREVER DEFEND. IN WITNESS WHEREOF,The said party of the first part ha s hereunto set its hand and seal the day and year first above written. Briggsdale Fire Protection !I Signed, Se and Deliv in t e prgsence of District, A Special Dist�tkLJ ATTEST: -p o � � By:IS �,�y7 IP4� [SEAL] a A. Washburn, President :I, [SEAL] !I STATE OF COLORADO, 1 ss. County of Weld . The foregoing instrument was acknowledged before me this 28th day of AUTISt 19 91 ,by Kay A. Washburn, President. r , ' �W cibmrh;tirr expires /9fLc., G ,19 '7/ .Witness my hand and official seal. v / — v2 1 r rj � 0 1 AI? 1' .tta � "/ ' ,? Notary Public. ��� i U Y L F n��,a. Ge OO� .4. N 7� ,,. I/ N0.16 SPECIAL WARRANTY DEED.—Rudfordf'uoiinL:ngCo.1621.16 Stout Street.P.neer.Colorndo(673 r.011112-77 B 1310 REC 02262218 09/05/91 15: 30 $0 . 00 2/002 F 0692 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO EXHIBIT A LEGAL DESCRIPTION All that part of Lot B of Recorded Exemption No. 0545-28-2-RE971, recorded January 23, 1987 in Book 1143 as Reception No. 2085834, being a part of the N1/2 of the NW1/4 of Section 28, Township 8 North, Range 62 West of the 6th P.M. , County of Weld, State of Colorado, being more particularly described as follows : Beginning at the Northwest corner of said Section 28, and assuming the North line of said Section 28 to bear North 89 degrees 40 minutes 52 seconds East, with all other bearings contained herein being relative thereto; thence North 89 degrees 40 minutes 52 seconds East 734 . 69 feet along said North line to the point of intersection with the Easterly right-of-way line of Weld County Road No. 392, said point also being the Westerly right-of-way line of the abandoned Union Pacific Railroad right-of-way; thence South 01 degrees 40 minutes 09 seconds West 612 . 00 feet along the Westerly right-of-way line of said abandoned Union Pacific Railroad right-of-way to the Northwest corner of Lot A of said Recorded Exemption; thence South 88 degrees 19 minutes 51 seconds East along the North line of said Lot A, 250 . 00 feet to the Northeast corner of said Lot A, said Point also being the Easterly right-of-way line of the abandoned Union Pacific Railroad right-of-way; thence North 01 degrees 40 minutes 09 seconds East along the Easterly line of said abandoned right of way 620 . 68 feet more or less to the North line of the N1/2 of the NW1/4 of said Section 28; thence South 89 degrees 40 minutes 52 seconds West along said North line 250 . 15 feet more or less to the Point of Beginning; excluding the easement comprising the East thirty (30) feet of said parcel and all oil, gas, and other minerals located thereunder, as reserved unto J. Lloyd ashburn by deed recorded at Book 3 /J> , Reception Number-22172.1.44r exwasbrn.bap A8226221,9 B 1310 REC 02262219 09/05/91 15 : 30 $0 .00 1/002 xecc F 0693 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Recepil,,.....,. _ RECORDER'S STAMP THIS DEED,Made this 28th day of August 1991 ,between J. Lloyd Washburn of the County of Weld and State of Colo- rado, of the first part, and Briggsdale Fire Protection District, a Special District whose legal address is Briggs dale, CO 80611 of the County of Weld and State of Colorado, of the second part; WITNESSETH,That the said party of the first part,for and in consideration of the sum of Good and valuable consideration araisg] to the said party of the first part,in hand paid by the said party of the second part,the receipt whereof is hereby confessed and acknowledged, has granted, bargained, sold and con- veyed, and by these presents does grant, bargain, sell, convey and confirm unto the said I party of the second part, its heirs and assigns forever, all the following described lot or parcel of land, situate,lying and being in the County of Weld and State of Colorado,to wit: The property described in the attached "Exhibit A. " Lit4ndiffaXMXIIMt RigtatikiX11}5S fi Together with all and singular the hereditaments and appurtenances thereunto 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 party of the first part, either in law or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances; TO HAVE AND TO HOLD the said premises above bargained and described,with the appurtenances,unto the said part y of the second part, its heirs and assigns forever. And the said party of the first part,for himself his heirs,executors and administrators,do es covenant,grant,bargain and agree to and with the said party of the j second part, its heirs and assigns, the above bargained premises in the quiet and peaceable I possession of said party of the second part, its heirs and assigns, against all and every person or persons lawfully claiming or to claim the whole or any part thereof, by, through or under the said party of the first part to WARRANT AND FOREVER DEFEND. IN WITNESS WHEREOF,The said party of the first part ha s hereunto set his hand and seal the day and year first above written. r Signed, Sealed and Delivered in the presence of / rr'z [SAL] J, Lloyd Washburn [SEAL] [SEAL] STATE OF COLORADO, ss. County of Weld The foregoing instrument was acknowledged before me this 28th day of August, 19 91 ,by J. Lloyd Washburn My commission/expires ,19 .Witness my hand and official seal. / Notary Public. • p1A � Yt• l • • ,P • tar rr �l • , `�r&pi SPECIAL wARRAMfY DEED.—Bradford Publishing Co.,1824-46 Stout Street,Denver,Colorado(573-6011)1277 B 1310 REC 02262219 09/05/91 15 : 30 $0 . 00 2/002 F 0694 MARY ANN FEUERSTF.IN CLERK & RECORDER WELD CO, CO EXHIBIT A LEGAL DESCRIPTION All that part of Lot B of Recorded Exemption No. 0545-28-2-Re971, recorded January 23, 1987 in Book 1143 as Reception No. 2085834 , being a part of the N1/2 of the NW1/4 of Section 28, Township 8 North, Range 62 West of the 6th P.M. , County of Weld, State of Colorado, being more particularly described as follows : Beginning at the Northwest corner of said Section 28, and assuming the North line of said Section 28 to bear North 89 degrees 40 minutes 52 seconds East, with all other bearings contained herein being relative thereto; thence North 89 degrees 40 minutes 52 seconds East 734 . 69 feet along said North line to the point of intersection with the Easterly right of way line of Weld County Road No. 392 , said point also being the Westerly right-of-way line of the abandoned Union Pacific Railroad right-of-way; thence South 01 degrees 40 minutes 09 seconds West 612 . 00 feet along the Westerly right of way line of said abandoned Union Pacific railroad right of way to the Northwest corner of Lot A of said Recorded Exemption; thence South 88 degrees 19 minutes 51 seconds East along the North line of said Lot A, 250 . 00 feet to the Northeast corner of said Lot A, said Point also being the Easterly right-of-way line of the abandoned Union Pacific Railroad right-of-way; thence North 01 degrees 40 minutes 09 seconds East along the Easterly line of said abandoned right of way 620 . 68 feet more or less to the North line of the N1/2 of the NW1/4 of said Section 28; thence South 89 degrees 40 minutes 52 seconds West along said North line 250 . 15 feet more or less to the Point of Beginning, reserving unto the grantor, J. Lloyd Washburn, the east thirty ( 30) feet as a farm easement which shall be appurtenant to Lot B of Amended Recorded Exemption No. 0545-28-2-RE971, recordecflp a° 5(1991, in Book 1_'W c2 as Reception No.)44-.2. - , and reserving unto the grantor, J. Lloyd Washburn, all oil, gas, and other minerals located thereunder. awashbrn.mlh RF2262220 1 B 1310 REC 02262220 09/05/91 15 : 30 F 0695 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO Receptawtsrm. RECORDER'S STAMP THIS DEED,Made this 28th day of August , 19 91 ,between County of Weld, a body corporate and politic of the State of Colorado of the County of Weld and State of Colo- rado,of the first part, and Briggsdale Fire Protection District, A Special District whose legal address is Briggsdale, Colorado 80611 of the County of Weld and State of Colorado, of the second part; WITNESSETH,That the said part of the first part, for and in consideration of the sum of good and valuable consideration =MIMIC to the said part y of the first part, in hand paid by the said part y of the second part, the receipt whereof is hereby confessed and acknowledged, ha s granted, bargained, sold and con- veyed, and by these presents do es grant, bargain, sell, convey and confirm unto the said I part y of the second part, its heirs and assigns forever, all the following described lot or parcel of land, situate, lying and being in the County of Weld and State of Colorado, to wit: The property described in the attached Exhibit A. I I, ,! li xkici mmwmaxx4m€4armkimmk mX I Together with all and singular the hereditaments and appurtenances thereunto belonging, or in I, 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 or equity, of, in and to the above bargained premises, with the hereditaments and appurtenances; TO HAVE AND TO HOLD the said 'I premises above bargained and described,with the appurtenances, unto the said part y of the second part, its I heirs and assigns forever. And the said part y of the first part, for itsel f its heirs,executors and I administrators,do es covenant,grant, bargain and agree to and with the said part y of the II second part, its heirs and assigns, the above bargained premises in the quiet and peaceable j possession of said part y of the second part, its heirs and assigns, against all and every I person or persons lawfully claiming or to claim the whole or any part thereof, by, through or under the said part y of the first part to WARRANT AND FOREVER DEFEND. IN WITNESS WHEREOF,The said part y of the first part ha s hereunto set its hand and seal the day and year first above written. County of Weld, a body corporate and politicsgfJJ Signed, Sealed d Delivered i�sence of the Stat o Color.dc� I [! AL] ATTEST: 1� 1 " B n "Eal E. o:yl airMan- I `� Cif e_p1. � `frY�.i 0 OM ) .�. _ �', ate] V STATE Ca'COLORADO, :� gs. r �*- County of Weld t The foregoing instrument was acknowledged before me this 28th day of August 19 91 ,by Gordon E. Lacy, Chairman. ,b1 omi vlss gi'Es ires My Commission Expires January 10 199b . �''( l�g. -P ,lg .Witness my hand and official seal. i' O TA c__//el/4 te_ Notary Public. r I _ • s $ • 1 0, \ ..,, No.16 SPECIAL WARRANTY DEED.—Srsdford Publishing Co.1824-16 Stout Street,Dram.Colon 1519-601D 12'11 ' B 1310 REC 02262220 09/05/91 15: 30 $0 . 00 2/003 F 0696 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO EXHIBIT A A parcel of land and all improvements thereon located in the SW1/4 of the NW1/4 of Section 28, Township 08 North, Range 62 West of the 6th P.M. , Weld County, Colorado, being more particularly described as follows : Beginning at the Northeast corner of the SW1/4 of the NW1/4 of Section 28 , Township 08 North, Range 62 West of the 6th P.M. , Weld County, Colorado; Thence South 00 degrees, 20 minutes, 10 seconds East 150 . 00 feet; Thence North 90 degrees, 00 minutes, 00 seconds West 145 . 00 feet; Thence North 00 degrees, 20 minutes, 10 seconds West 150 . 00 feet; Thence North 90 degrees, 00 minutes, 00 seconds East 145 . 00 feet to the Point of Beginning, said parcel containing .49 acres, more or less . exsec28 .bap B 1310 REC 02262220 09/05/91 15 : 30 $0 . 00 3/003 F 0697 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO REF. t.I. W . CoRrAf_a. of F59,, c,c>5on._f_ FcN.c Cr 14.E. Conc.iER S.w '/e. oc• Two parcels of lane • °° _ ta.W. Va SEC. 28 'CSn1iR,bw Quarter (NW1/4) of -5-5-' Principal Meridian '° as follows: h 373` P°NE Q �(,` t Fold. Considering the Nor Quarter (NW1/4) of all bearinge herein °' ''"c �I 9.. POlwlt 04 BECa IAININ ° / N C. EoaNE°. co�N.`ta of Beginning at the Nc rtAw '/a OnEc. 7.8.8 67- Northwest Quarter ( Q c.c.o N Ml. Co0.NE0. Of 'IHE. • • t totIN oc 00. t�(°(>5oaE Pccom.0 Northwest Corner of \ \Nu to tNE REt_o0.0f.o e at recorded Plat there \ Thence South 00° 20 150.00 •feet to the • 900°0o oo"E.. - 311.3 1450' -♦-�' -- -� -- Hilton Street as pl �� - I- -- Thence North 90° 00 yJ 4iLbt LVJL of iNL ,Ec.tNN,..“4 _ • a .0• ,:— • tow., Inc 6v`.„c.-304.i Thence North 00° 2G o O a.- oNon• u.. ,c , J I o y y 44 Thence North 90 00 e,r `^(9 .. .._ s, Z Low o - .. ,rl d w o •to , 7 ,. a 0� i 596 .. LL Q � . `;I its C encing at the t; Ltb ea — . — n '^ '“ " — n No hwest Quarto n 90.0r 9' r.l Iat.aa - — no—Fc+ iii.b _{ /• Northw� Connor of — Y= J j nigh Y,.,% CAI. "' Rio ( ` io thereof; r\\\.-toa “ic' l Thence North 90 0 ' EV.LY E.atEM5to.J oc to,...L. Lug% W1tM FENct' AO,ItN ,l n W. L1K1f. 00 SE1 w K OSLO So CALE Gore fn., Thence South 00° 20 ' n., St0.EEt p0.o° L,,,c, [--.- - --.- - BrLggedale, 150.00 : Coil.'° �� Way line of Milton E °t S.,°. 1:17.-------- \ Thence North 90° 00' / \' s? c° to the Basted Ri a -Yr 6o,.°., � Y 8'•11 ^\• ^o I 't" Thence North 01° 24 ' •° feet; ,_ i \ � ... Thence North 90° 00 %1 "• l.at., a f'abl I hereby certify thL f.E ,- pc-_ _ O2.LiEf2. nG the request of Mr. ^_nllNti S'RnvER1 t the purpose of local • adjacent to and west • I further certify th that existing improv road tract and Right of the "subject prope I further certify th. ` 1oo properly represents true to the beat of OWNER'S POLICY OF TITLE INSURANCE ISSUED BY TRANSAMERICA 1'1'I LE INSURANCE COMPANY 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 Compa- ny,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: I. 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 its corporate name and seal to be hereunto affixed by its duly authorized officers,the Policy to become valid when countersigned by an authorized officer or agent of the Company. TRANSAMERICA TITLE INSURANCECOMPANY �1S\lE IMJ'��� /% G e f�v y�� BY By: /iyyl/Iryi: V�1FC��G)i-� J fa", ocoRPORyte Authorized Countersignature >NE a� President �6 40 I3, t9" i + .� Attest: � � // �Allf0 i� � Secretary EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy and the Company will not pay loss or damage,costs,attorneys' fees or expenses which arise by reason of: 1. (a) Any law, ordinance or governmental regulation (including but not limited to building and zoning laws, ordinances, or regulations) restricting, regulating, prohibiting or relating to(i) the occupancy, use, or enjoyment of the land; (ii) the character,dimensions or location of any improvement now or hereafter erected on the land; (iii)a separation in ownership or a change in the dimensions or area of the land or any parcel of which the land is or was a part; or (iv) environmental protection, or the effect of any violation of these laws, ordinances or governmental regulations, except to the extent that a notice of the enforcement thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. (b) Any governmental police power not excluded by (a) above, except to the extent that a notice of the exercise thereof or a notice of a defect, lien or encumbrance resulting from a violation or alleged violation affecting the land has been recorded in the public records at Date of Policy. 2. Rights of eminent domain unless notice of the exercise thereof has been recorded in the public records at Date of Policy, but not excluding from coverage any taking which has occurred prior to Date of Policy which would be binding on the rights of a purchaser for value without knowledge. • 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, not recorded in the public records at Date of Policy, but known to the insured claimant and not disclosed in writing to the Company by the insured claimant prior to the date the insured claimant became an insured under this policy; (c) resulting in no loss or damage to the insured claimant; (d) attaching or created subsequent to Date of Policy; or (e) resulting in loss or damage which would not have been sustained if the insured claimant had paid value for the estate or interest insured by this policy. z American Land Title Association Owner's Policy (6-1-87) 1,1 Face Page Valid Only if Schedule A. B and Cover AreGt4aoh d.-o �- Form 1141-41 .-, {' C'.w CONDI1IONS AN.D s ?iPLLA[IONS 1. DEFINITION OF TERMS. (c) Whenever the Company shall have brought ad'ictlon or interposed a defense as required or permitted by the provisions of this policy, the Company may pursue any litigation [o final determination by a court of The following terms when used in this policy mean: competent junsdiction and expressly reserves the right, in its sole discretion, (a) "insured": the insured named in Schedule A, and, subject to any to appeal from any adverse judgment or order. rights or defenses the Company would have had against the named insured, those who succeed to the interest of the named insured by operation of law (d) In all cases where this policy permits or requires the Company to as distinguished from purchase including, but not limited to, heirs, prosecute or provide for the defense of any action or proceeding, the distributees, devisees, survivors, personal representatives, next of kin, or insured shall secure to the Company the right to so prosecute or provide corporate or fiduciary successors. defense in the action or proceeding, and all appeals therein, and permit the (b) "insured claimant": an insured claiming loss or damage. Company to use, at its option, the name of the insured for this purpose. Whenever requested by the Company, the insured, at the Company's (c) "knowledge" or "known": actual knowledge, not constructive expense, shall give the Company all reasonable aid (i) in any action or knowledge or notice which may be imputed to an insured by reason of the proceeding, securing evidence, obtaining witnesses, prosecuting or public records as defined in this policy or any other records which impart defending the action or proceeding, or effecting settlement, and (ii) in any constructive notice of matters affecting the land. other lawful act which in the opinion of the Company may be necessary or (d) "land": the land described or referred to in Schedule A, and desirable to establish the title to the estate or interest as insured. If the improvements affixed thereto which by law constitute real property. The Company is prejudiced by the failure of the insured to furnish the required term "land" does not include any property beyond the lines of the area cooperation, the Company's obligations to the insured under the policy described or referred to in Schedule A, nor any right , title, interest, estate shall terminate, including any liability or obligation to defend, prosecute.or or easement in abutting streets, roads, avenues, alleys, lanes, ways or continue any litigation, with regard to the matter or matters requiring such waterways, but nothing herein shall modify or limit the extent to which a cooperation. right of access to and from the land is insured by this policy. 5. PROOF OF LOSS OR DAMAGE. (e) "mortgage": mortgage, deed of trust, trust deed, or other security In addition to and after the notices required under Section 3 of these instrument. Conditions and Stipulations have been provided the Company, a proof of (f) "public records": records established under state statutes at Date of loss or damage signed and sworn to by the insured claimant shall be Policy for the purpose of imparting constructive notice of matters relating furnished , the Company within 90 days after the insured claimant shall to real property to purchasers for value and without knowledge. With ascertain the facts giving rise to the loss or damage. The proof of loss or damage shall describe the defect in, or lien or encumbrance on the title, or respect to Section 1(a) (iv) of the Exclusions From Coverage, "public other matter insured against by this policy which constitutes the basis of records" shall also include environmental protection liens filed in the records of the clerk of the United States district court for the district in loss or damage and shall state, to the extent possible, the basis of which the land is located. calculating the amount of the loss or damage. If the Company is prejudiced (g) "unmarketabili[ of the title': an alleged or apparent matter affecting by the failure of the insured claimant to provide the required proof of loss y g pP g or damage, the Company's obligations to the insured under the policy shall the title to the land, not excluded or excepted from coverage, which would terminate, including any liability or obligation to defend, prosecute, or entitle a purchaser of the estate or interest described in Schedule A to be continue any litigation, with regard to the matter or matters requiring such released from the obligation to purchase by virtue of a contractual proof of loss or damage. condition requiring the delivery of marketable title. In addition, the insured claimant may reasonably be required to submit 2. CONTINUATION OF INSURANCE AFTER CONVEYANCE to examination under oath by any authorized representative of the OF TITLE. Company and shall produce for examination, inspection and copying, at such reasonable times and places as may be designated by any authorized The coverage of this policy shall continue in force as of Date of Policy in representative of the Company, all records, books, ledgers, checks, favor of an insured only so long as the insured retains an estate or interest correspondence and memoranda, whether bearing a date before or after in the land, or holds an indebtedness secured by a purchase money Date of Policy, which reasonably pertain to the loss or damage. Further, if mortgage given by a purchaser from the insured, or only so long as the requested by any authorized representative of the Company , the insured insured shall have liability by reason of covenants of warranty made by the claimant shall grant its permission, in writing, for any authorized insured in any transfer or conveyance of the estate or interest. This policy representative of the Company to examine , inspect and copy all records, shall not continue in force in favor of any purchaser from the insured of books, ledgers, checks, correspondence and memoranda in the custody or either(i)an estate or interest in the land, or(ii)an indebtedness secured by control of a third party, which reasonably pertain to the loss or damage. a purchase money mortgage given to the insured. All information designated as confidential by the insured claimant provided to the Company pursuant to this Section shall not be disclosed to others 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT. unless, in the reasonable judgement of the Company, it is necessary in the The insured shall motif the Com an administration of the claim. Failure of the insured claimant to submit for y p' y promptly in writing (i) in case of examination under oath, produce other reasonably requested information any litigation as set forth in Section 4(a)below, (it) in case knowledge shall or grant permission to secure reasonably necessary information from third come to an insured hereunder of any claim of title or interest which is parties as required in this paragraph shall terminate any liability of the adverse to the title to the estate or interest, as insured, and which might Company under this policy as to that claim. cause loss or damage for which the Company may be liable by virtue of this policy, or (iii) if title to the estate or interest, as insured, is rejected as 6. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; unmarketable. If prompt notice shall not be given to the Company, then as TERMINATION OF LIABILITY. to the insured all liability of the Company shall terminate with regard to the matter or matters for which prompt notice is required; provided, In case of a claim under this policy, the Company shall have the however, that failure to notify the Company shall in no case prejudice the following options: rights of any insured under this policy unless the Company shall be (a)To Pay or Tender Payment of the Amount of Insurance. prejudiced by the failure and then only to the extent of the prejudice. To pay or tender payment of the amount of insurance under this policy together with any costs, attorneys' fees and expenses incurred by 4. DEFENSE AND PROSECUTION OF ACTIONS; DUTY OF the insured claimant, which were authorized by the Company, up to the INSURED CLAIMANT TO COOPERATE. time of paymant or tender of payment and which the Company is obliga- ted to pay. (a) Upon written request by the insured and subject to the options Upon the exercise by the Company of this option, all liability and contained in Section 6 of these Conditions and Stipulations, the Company, obligations to the insured under this policy, other than to make the at its own cost and without unreasonable delay, shall provide for the payment required, shall terminate, including any liability or obligation to defense of an insured in litigation in which any third party asserts a claim defend, prosecute, or continue any litigation, and the policy shall be adverse to the title or interest as insured, but only as to those stated causes surrendered to the Company for cancellation. of action alleging a defect, lien or encumbrance or other matter insured (b)To Pay or Otherwise Settle With Parties Other than the Insured or against by this policy. The Company shall have the right to select counsel With the Insured Claimant. of its choice (subject to the right of the insured to object for reasonable (i) to pay or otherwise settle with other parties for or in the name cause) to represent the insured as to those stated causes of action and shall of an insured claimant any claim insured against under this policy, together not be liable for and will not pay the fees of any other counsel. The with any costs, attorneys' fees and expenses incurred by the insured Company will not pay any fees, costs or expenses incurred by the insured claimant which were authorized by the Company up to time of payment in the defense of those causes of action which allege matters not insured and which the Company is obligated to pay; or against by this policy. (ii) to pay or otherwise settle with the insured claimant the loss or damage provided for under this policy, together with any costs, attorneys' (b) The Company shall have the right, at its own cost, to institute and fees and expenses incurred by the insured claimant which were authorized prosecute any action or proceeding or to do any other act which in its by the Company up to the time of payment and which the Company is opinion may be necessary or desirable to establish the title to the estate or obligated to pay. interest, as insured, or to prevent or reduce loss or damage to the insured. Upon the exercise by the Company of either of the options provided for The Company may take any appropriate action under the terms of this in paragraphs (b)(i) or (ii), the Company's obligations to the insured under policy, whether or not it shall be liable hereunder, and shall not thereby this policy for the claimed loss or damage, other than the payments concede liability or waive any provision of this policy. If the Company required to be made, shall terminate, including any liability or obligation to shall exercise its rights under this paragraph, it shall do so diligently. defend, prosecute or continue any litigation. ( bons and Stipulations Continued Inside Cover B1141-41 CONTROI NO 1 L; , . id. TRANSAMERICA TITLE INSURANCE COMPANY POLICY OF TITLE INSURANCE SCHEDULE A Amount of Insurance: $ 5, 000.00 Policy No. : 8029746 Date of Policy: September 6, 1991 at 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: 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 4 . The land referred to in this Policy is described as follows: (SEE ATTACHED PAGE FOR LEGAL DESCRIPTION) X10:139 TRANSAMERICA TITLE INSURANCE COMPANY Policy No. : 8029746 LEGAL DESCRIPTION All that part of Lot B of Recorded Exemption No. 0545-28-2-RE971, recorded January 23, 1987 in Book 1143 as Reception No. 2085834, being a part of the N1/2 of the NW1/4 of Section 28, Township 8 North, Range 62 West of the 6th P.M. , County of Weld, State of Colorado, being more particularly described as follows: Beginning at the Northwest corner of said Section 28, and assuming the North line of said Section 28 to bear North 89 degrees 40 minutes 52 seconds East, with all other bearings contained herein being relative thereto; thence North 89 degrees 40 minutes 52 seconds East 734 . 69 feet along said North line to the point of intersection with the Easterly right of way line of Weld County Road No. 392, said point also being the Westerly right-of-way line of the abandoned Union Pacific Railroad right-of-way; thence South 01 degrees 40 minutes 09 seconds West 612 .00 feet along the Westerly right of way line of said abandoned Union Pacific Railroad right of way to the Northwest corner of Lot A of said Recorded Exemption; thence South 88 degrees 19 minutes 51 seconds East along the North line of said Lot A, 250. 00 feet to the Northeast corner of said Lot A, said Point also being the Easterly right-of-way line of the abandoned Union Pacific Railroad right-of-way; thence North 01 degrees 40 minutes 09 seconds East along the Easterly line of said abandoned right of way 620. 68 feet more or less to the North line of the N1/2 of the NW1/4 of said Section 28; thence South 89 degrees 40 minutes 52 seconds West along said North line 250. 15 feet more or less to the Point of Beginning. Page 2 a ( -; ^'A TRANSAMERICA TITLE INSURANCE COMPANY Policy No. : 8029746 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 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. 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. 6. Rights of way for county roads 30 feet wide on each side of section and township lines as established by Order of the Board of County Commissioners for Weld County, recorded October 14, 1889 in Book 86 at Page 273. 7 . Reservation of right of way for any ditches or canals constructed by authority of the United States, in U.S. Patent recorded August 27, 1947 in Book 1210 at Page 247 . 8. Reservation by the Union Pacific Railroad Company of (1) all coal and other minerals underlying subject property (2) the exclusive right to prospect for, mine and remove coal and other minerals, and (3) the right of ingress and egress and regress to prospect for, mine and remove coal and other minerals, all as contained in deed recorded September 3, 1970, in Book 632 as Reception No. 1554152, and any interests therein or rights thereunder. Page 3 _tt`ta R.: 2 TRANSAMERICA TITLE INSURANCE COMPANY Policy No. : 8029746 SCHEDULE B - continued 9. Right of way for public road, as granted to Weld County, Colorado by instrument recorded November 4 , 1939 in Book 1052, at Page 294, being more particularly described as follows: A parcel of land 50 feet wide along a portion of the North side of the NS/2 of Section 28, and more particularly described as follows: Beginning at the Northwest Corner of said Section 28; thence North 89 degrees 35 minutes East 736. 35 feet; thence South 1 degrees 8 minutes West 50.01 feet; thence South 89 degrees 35 minutes West 735 feet, thence North 50 feet to point of beginning, Also a parcel of land 50 feet wide along a portion of the North side of Section 28, and more particularly described as follows: Commencing at the Northwest Corner of said Section 28; thence North 89 degrees 35 minutes East 946.42 feet to point of beginning; thence continuing North 89 degrees 35 minutes East, 4351.58 feet, thence South 50 feet; thence South 89 degrees 35 minutes West, 4 , 352.93 feet, thence North 1 degree 8 minutes East 50. 01 feet to point of beginning. 10. State Highway No. 14 , and any and all rights of way therefore, as evidenced by Plat of Survey recorded December 6, 1985, in Book 1094, as reception No. 02035037 and as further evidenced by Recorded Exemption No. O545-28-2-RE971, recorded January 23, 1987 in Book 1143, as Reception No. 02085834. 11. The effect of Land Survey Plat recorded March 12 1991 in Book 1292, as Reception No. 02243672. 12. Access easement along the South 30 feet of subject property as shown on the Plat of Subdivision Exemption No. 407 recorded September 5, 1991 in Book 1310 as Reception No. 02262217 . 13 . Farm easement along the East 30 feet of subject property as reserved by J. Loyd Washburn in deed recorded September 5, 1991 in Book 1310 as Reception No. 02262219. 14. Grantor's interest in all oil, gas and other mineral rights as _ reserved by J. Lloyd Washburn in a deed recorded September 5, 1991 in Book 1310 as Reception No. 02262219 and any interest therein or rights thereunder. NOTE: The following notices pursuant to CRS 9-1. 5-103 concerning underground facilities have been filed with the Clerk and Recorder. These statements are general and do not necessarily give notice of underground facilities within the property. Page 4 TRANSAMERICA TITLE INSURANCE COMPANY Policy No. : 8029746 SCHEDULE B - continued (a) Mountain Bell Telephone Company, recorded October 1, 1981 in Book 949 as Reception No. 1870705. (b) Colorado Interstate Gas Company, recorded August 31, 1984 in Book 1041 as Reception No. 1979784 . (c) Associated Natural Gas, Inc. , recorded April 50, 1989 in Book 1229 as Reception No. 2175917. Page 5 t,O :I k9VS AINO SIIPCLAF1ONS (Continued) 7. DETERMINATION, EXTENT OF LIABILITY AND COINSURANCE. (b) When liability and the extent of loss or damage has been definitely This policy is a contract of indemnity against actual monetary loss or fixed in accordance with these Conditions and Stipulations, the loss or damage sustained or incurred by the insured claimant who has suffered loss damage shall be payable within 30 days thereafter. or damage by reason of matters insured against by this policy and only to 13. SUBROGATION UPON PAYMENT OR SETTLEMENT. the extent herein described. (a) The liability of the Company under this policy shall not exceed the (a) The Company's Right of Subrogation. least of: Whenever the Company shall have settled and paid a claim under this (i) the Amount of Insurance stated in Schedule A; or, policy, all right of subrogation shall vest in the Company unaffected by any act of the insured claimant. (ii) the difference between the value of the insured estate or interest as The Company shall be subrogated to and be entitled to all rights and insured and the value of the insured estate or interest subject to the defect, remedies which the insured claimant would have had against any person or lien or encumbrance insured against by this policy. property in respect to the claim had this policy not been issued. If (b) In the event the Amount of Insurance stated in Schedule A at the requested by the Company, the insured claimant shall transfer to the Date of Policy is less than 80 percent of the value of the insured estate or Company all rights and remedies against any person or property necessary interest or the full consideration paid for the land, whichever is less, or if in order to perfect this right of subrogation. The insured claimant shall subsequent to the Date of Policy an improvement is erected on the land permit the Company to sue, compromise or settle in the name of the which increases the value of the insured estate or interest by at least 20 insured claimant and to use the name of the insured claimant in any percent over the Amount of Insurance stated in Schedule A, then this transaction or litigation involving these rights or remedies. Policy is subject to the following: If a payment on account of a claim does not fully cover the loss of the (i) where no subsequent improvement has been made, as to any partial insured claimant, the Company shall be subrogated to these rights and loss, the Company shall only pay the loss pro rata in the proportion that remedies in the proportion which the Company's payment bears to the the amount of insurance at Date of Policy bears to the total value of the whole amount of the loss. insured estate or interest at Dale of Policy; or If loss should result from any act of the insured claimant, as stated (ii) where a subsequent improvement has been made, as to any partial above, that act shall not void this policy, but the Company, in that event, loss, the Company shall only pay the loss pro rata in the proportion that shall be required to pay only that part of any losses insured against by this 120 percent of the Amount of Insurance stated in Schedule A bears to the policy which shall exceed the amount, if any, lost to the Company by sum of the Amount of Insurance stated in Schedule A and the amount reason of the impairment by the insured claimant of the Company's right expended for the improvement. of subrogation. The provisions of this paragraph shall not apply to costs, attorneys' fees (b) The Company's Rights Against Non-insured Obligors. and expenses for which the Company is liable under this policy, and shall The Company's right of subrogation against non-insured obligors shall only apply to that portion of any loss which exceeds, in the aggregate, 10 exist and shall include, without limitation, the rights of the insured to percent of the Amount of Insurance stated in Schedule A. indemnities, guaranties, other policies of insurance or bonds, (c) The Company will pay only those costs, attorneys' fees and expenses notwithstanding any terms or conditions contained in those instruments incurred in accordance with Section 4 of these Conditions and Stipulations. which provide for subrogation rights by reason of this policy. 8. APPORTIONMENT. 14. ARBITRATION If the land described in Schedule A consists of two or more parcels which are not used as a single site, and a loss is established affecting one or Unless prohibited by applicable law, either the Company or the insured more of the parcels but not all, the loss shall be computed and settled on a may demand arbitration pursuant to the Title Insurance Arbitration Rules pro rata basis as if the amount of insurance under this policy was divided oC the American Arbitration Association. Arbitrable matters may include, pro rata as to the value on Date of Policy of each separate parcel to the but are not limited to, any controversy or claim between the Company and the insured arising out of or relating to this policy, any service of the whole, exclusive of any improvements made subsequent to Date of Policy, unless a liability or value has otherwise-been agreed upon as to each parcel Company in connection with its issuance or the breach of a policy provision and of by he shown by and the insured at the Y an endorsement attachedmc of the issuance of toth policy Insurance sr$I h000,000 orer ttless halldbeiarbitrattrable ed at the option s when eof either tthe y an express statement or by Company or the insured. All arbitrable matters when the Amount of Insurance is in excess of$1,000,000 shall be arbitrated only when agreed to 9. LIMITATION OF LIABILITY. by both the Company and the insured. Arbitration pursuant to this policy (a) If the Company establishes the title, or removes the alleged defect, and under the Rules in effect on the date the demand for arbitration is lien or encumbrance, or cures the lack of a right of access to or from the made or, at the option of the insured, the Rules in effect at Date of Policy land, or cures the claim of unmarketability of title, all as insured, in a shall be binding upon the parties. The award may include attorneys' fees only if the laws of the state in which the land is located permit a court m reasonably diligent manner by any method, including litigation and the completion of any appeals therefrom, it shall have fully performed its award attorneys' fees to a prevailing party. Judgment upon the award obligations with respect to that matter and shall not be liable for any loss rendered by the Arbitrator(s) may be entered in any court having or damage caused thereby. jurisdiction thereof. (b) In the event of an litigation, including litigation b the Company .The law of the situs of the land shall apply to an arbitration under the y g g g y Title Insurance Arbitration Rules. or with the Company's consent, the Company shall have no liability for loss or damage until there has been a final determination by a court of A copy of the Rules may be obtained from the Company upon request. competent jurisdiction, and disposition of all appeals therefrom, adverse to 16. LIABILITY LIMITED TO THIS POLICY; POLICY ENTIRE the title as insured. (c)The Company shall not be liable for loss or damage to any insured CONTRACT. for liability voluntarily assumed by the insured in settling any claim or suit (a) This policy together with all endorsements, if any, attached hereto without the prior written consent of the Company. by the Company is the entire policy and contract between the insured and 10. REDUCTION OF INSURANCE; REDUCTION OR TERMINATION the Company. In interpreting any provision of this policy, this policy shall be construed as a whole. OF LIABILITY. (b) Any claim of loss or damage, whether or not based on negligence, All payments under this policy, except payments made for costs, and which arises out of the status of the title to the estate or interest attorneys' fees and expenses, shall reduce the amount of the insurance pro covered hereby or by any action asserting such claim, shall be restricted to tanto. this policy. 11. LIABILITY NONCUMULATIVE. (c) No amendment of or endorsement to this policy can be made except by a writing endorsed hereon or attached hereto signed by either the It is expressly understood that the amount of insurance under this policy President, a Vice President, the Secretary, an Assistant Secretary, or shall be reduced by any amount the Company may pay under any policy validating officer or authorized signatory of the Company. insuring a mortgage to which exception is taken in Schedule B or to which the insured has agreed, assumed, or taken subject, or which is hereafter 16. SEVERABILITY. executed by an insured and which is a charge or lien on the estate or In the event any provision of the policy is held invalid or unenforceable interest deemed aribed or referred to in Schedule A, and the amount so paid shall under applicable law, the policy shall be deemed not to include that provi- payment under this policy to the insured owner. sion and all other provisions shall remain in full force and effect. 12. PAYMENT OF LOSS. 17. NOTICES, WHERE SENT. (a) No payment shall be made without producing this policy for All notices required to be given the Company and any statement in writing endorsement of the payment unless the policy has been lost or destroyed, in required to be furnished the Company shall include the number of this policy which case proof of loss or destruction shall be furnished to the satisfaction and shall be addressed to TRANSAMERICA TITLE INSURANCE COMPA- of the Company. NY,6670 AMADOR PLAZA, DUBLIN,CALIFORNIA 94568-2930. NM 1 American Land Title Association Owner's Policy(10-21-87) c.., as 1 C' ;) Cover Page - Valid Only If Fare a .,,,n n A.,, A.,...,�..., Hello