HomeMy WebLinkAbout20212220.tiffThe printed portions of this form, except differentiated additions, have been approved by the Colorado Real Estate Commission
(CLB-5-19) (Mandatory 7-19)
THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR
OTHER COUNSEL BEFORE SIGNING.
CLOSING INSTRUCTIONS
Date: July 13, 2021
Escrow No.: H0644773-084-LL9
1. PARTIES, PROPERTY. Greeley Land Fund, LLC,Seller, and WELD COUNTY, COLORADO, A BODY
CORPORATE AND POLITIC, Buyer, engage Heritage Title Company, Inc., Closing Company, who agrees to provide closing
and settlement services in connection with the Closing of the transaction for the sale and purchase of the Property
known as No. TBD. Greeley. CO 80631
Street Address City State Zip
and more fully described in the Contract to Buy and Sell Real Estate, dated May 3, 2021, including any counterproposals and
amendments (Contract). The Buyer's lender may enter into separate closing instructions with the Closing Company regarding
the closing of the Buyer's loan. All terms of the Contract are incorporated herein by reference. In the event of any conflict
between this Agreement and the Contract, this Agreement controls, subject to subsequent amendments to the Contract or this
Agreement.
2. TITLE COMMITMENT, EXCEPTIONS AND POLICY. Closing Company 10 Agrees O Does Not agree that:
upon completion of a satisfactory title search and examination, It will furnish a Title Insurance Commitment; and it will issue a
Title Insurance Policy provided that all requirements have been fulfilled. Closing Company II Agrees O Does Not agree to
furnish copies of Exceptions.
3. INFORMATION, CLOSING, RECORDING. Closing Company is authorized to obtain any information necessary for
the Closing. Closing Company agrees to, deliver and record all documents required or customarily recorded, and disburse all
funds pursuant to the Contract that are necessary to carry out the terms and conditions of the Contract.
4. PREPARATION OF DOCUMENTS. The Closing Company will prepare the necessary documents to carry out the
terms and conditions of the Contract to include:
4.1. Deed. If the deed required in the Contract is a special warranty deed, general warranty deed, bargain and
sale deed (excluding a personal representative's or trustee's deed) or a quit claim deed, the deed will be prepared in
accordance with the Contract by the Closing Company. However, if the Contract requires a different form of deed (e.g.:
personal representative's deed or trustee's deed) or requires that the special warranty deed or general warranty deed
list exceptions other than the "statutory exceptions" as defined In §38-30-113(5)(a), C.R.S., then the Buyer or Seller
must provide the deed or written instructions for preparation of the deed to the Closing Company for Closing. For any
Buyer or Seller provided deed or written instructions for preparation of the deed that requires a list of exceptions other
than the "statutory exceptions", the Buyer and Seller will hold the Closing Company harmless for any causes of action
arising out of the use of such deed. The parties acknowledge that the real estate broker working with either the Buyer
or the Seller is not responsible for reviewing or approving any deed not prepared by the real estate broker.
4.2. Bill of Sale. If the transaction includes the sale of personal property (i.e. within the Contract or a Personal
Property Agreement) from the Seller to the Buyer, Seller and Buyer authorize Closing Company to prepare the bill of
sale conveying the personal property from the Seller to the Buyer as their scrivener. The Buyer and Seller understand
that the bill of sale is a legal document and it is recommended that it be reviewed and approved by their respective
attorneys.
4.3. Closing Statement. Closing Company will prepare and deliver accurate, complete and detailed closing
statements to Buyer, Seller and the real estate brokers working with Buyer and Seller. Closing Statements will be
prepared in accordance with the Contract and written instructions from the Buyer, Seller, lender or real estate brokers
so long as such written instructions are not contrary to the Contract. If the written instructions are contrary to the
Contract, the Buyer and Seller must execute an Agreement to Amend/Extend Contract.
5. CLOSING FEE. Closing Company will receive a fee of $550 for providing closing and settlement services (Closing
Fee).
6. RELEASE, DISBURSEMENT. Closing Company is not authorized to release any signed documents or things of
value prior to receipt and disbursement of Good Funds, except as provided in §§ 10, 11 and 12.
7. DISBURSER. Closing Company must disburse all funds, including real estate commissions, except those funds as
may be separately disclosed in writing to Buyer and Seller by Closing Company or Buyer's lender on or before Closing. All
parties agree that no one other than the disburser can assure that payoff of loans and other disbursements will actually be
made.
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8. SELLER'S NET PROCEEDS. Seller will receive the net proceeds of Closing as indicated: D Cashier's Check, at
Seller's expense ® Funds Electronically Transferred (wire transfer) to an account specified by Seller, at Seller's expense
Closing Company's trust account check.
9. WIRE AND OTHER FRAUDS. Wire and other frauds occur in real estate transactions. Anytime Buyer or Seller is
supplying confidential information, such as social security numbers, bank account numbers, transferring or receiving funds,
Buyer and Seller should provide the information in person or in another secure manner.
10. FAILURE OF CLOSING. If Closing or disbursement does not occur on or before Closing Date set forth in the Contract,
Closing Company, except as provided herein, is authorized and agrees to return all documents, monies, and things of value to
the depositing party, upon which Closing Company will be relieved from any further duty, responsibility or liability in connection
with these Closing Instructions. In addition, any promissory note, deed of trust or other evidence of indebtedness signed by
Buyer shall be voided by Closing Company, with the originals returned to Buyer and a copy to Buyer's lender.
11. RETURN OF EARNEST MONEY. Except as otherwise provided in § 12, (Earnest Money Dispute), if the Earnest
Money is being held by Closing Company and has not already been returned following receipt of a Notice to Terminate or other
written notice of termination, Closing Company must release the Earnest Money as directed by the written mutual instructions
from the Buyer and the Seller. Such release of Earnest Money must be made within five days of Closing Company's receipt of
the written mutual instructions signed by both Buyer and Seller, provided the Earnest Money check has cleared.
12. EARNEST MONEY DISPUTE. In the event of any controversy regarding the Earnest Money (notwithstanding any
termination of the Contract), provided Closing Company is holding the Earnest Money, Closing Company is not required to take
any action. Closing Company, at its option and sole subjective discretion, may: (1) await any proceeding, (2) interplead all
parties and deposit Earnest Money into a court of competent jurisdiction and recover court costs and reasonable attorney and
legal fees, or (3) provide notice to Buyer and Seller that unless Closing Company receives a copy of a Summons and Complaint
or Claim (between Buyer and Seller) containing the case number of the lawsuit (Lawsuit) within one hundred twenty days of
Closing Company's notice to the parties, Closing Company is authorized to return the Earnest Money to Buyer. In the event
Closing Company does receive a copy of the Lawsuit, and has not interpled the monies at the time of any Order, Closing
Company must disburse the Earnest Money pursuant to the Order of the Court.
13. SUBSEQUENT AMENDMENTS. Any amendments to, or termination of, these Closing Instructions must be in writing
and signed by Buyer, Seller and Closing Company.
14. CHANGE IN OWNERSHIP OF WATER WELL: Within sixty days after Closing, Closing Company will submit any
required Change in Ownership form or registration of existing well form to the Division of Water Resources in the Department of
Natural Resources (Division), with as much information as is available. Closing Company is not liable for delaying Closing to
ensure Buyer completes any required form.
15. FIRPTA AND COLORADO WITHHOLDING. The Internal Revenue Service and the Colorado Department of Revenue
may require Closing Company to withhold a substantial portion of the proceeds of this sale when Seller is either of the following:
(a) a foreign person, or (b) will not be a Colorado resident after Closing. Seller should inquire of Seller's tax advisor to determine
if withholding applies or if an exemption exists.
15.1 FIRPTA. Seller agrees to cooperate Buyer and Closing Company to provide any reasonably requested
documents to determine Seller's foreign person status. If withholding is required, Seller authorizes Closing Company
to withhold any required amount from Seller's proceeds and remit it to the Internal Revenue Service.
15.2 Colorado Withholding. Seller agrees to cooperate with Closing Company to provide any reasonably
requested documents to determine Seller's status. If withholding is required under Colorado law, Seller authorizes
Closing Company to withhold any required amount from Seller's proceeds and remit it to the Colorado Department of
Revenue.
16. ADDITIONAL PROVISIONS. (The following additional provisions have not been approved by the Colorado Real Estate
Commission.)
17. COUNTERPARTS. This document may be executed by each party, separately, and when each party has executed a
copy, such copies taken together shall be deemed to be a full and complete contract between the parties.
18. BROKER'S COPIES. Closing Company must provide, to each real estate broker in this transaction, copies of all signed
documents that such brokers are required to maintain pursuant to the rules of the Colorado Real Estate Commission. Closing
Company is authorized by both Buyer and Seller to deliver their respective Closing Statement to one or both real estate brokers
involved in this transaction.
19. NOTICE, DELIVERY AND CHOICE OF LAW.
19.1. Physical Delivery and Notice. Any document, or notice to another party must be in writing, except as
provided in §19.2 and is effective when physically received by such party.
19.2 Electronic Notice. As an alternative to physical delivery, any notice, may be delivered in electronic form to
another party at the electronic address of the recipient by facsimile, email or .
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19.3. Electronic Delivery. Electronic Delivery of documents and notice may be delivered by: (1) email at the email
address of the recipient, (2) a link or access to a website or server, provided the recipient receives the information
necessary to access the documents or (3) facsimile at the facsimile number (Fax No.) of the recipient.
18.4. Choice of Law. These Closing Instructions and all disputes arising hereunder are governed by and construed
in accordance with the laws of the State of Colorado that would be applicable to Colorado Residents who sign a contract
in Colorado for real property located in Colorado.
SELLER:
Gr lie Land Fund, LLC, a QptOrado
limft ®dli'abtltty comps
f
Lrow
by Daloir, LLC, Manager of Greeley
Land fund, LLC, by David Forbes,
Manager
Address:
cA640
86463
Phone No.: - — - ' -. (�oci Phone No.:
Fax No.:
Email Address:
BUYER:
WELD COUNTY, COLORADO, A BODY
CORPOT.E AND POLITIC
e by Steve Moreno, Chair of the Board of
County Commissioners
Date
Address:
Phone No.:
Fax No.:
Email Address:
Closing Company's Name Heritage Title Co pi yk Inc i
�/ (1(
Authorized Signatird
7251 West 20th Street, Building L, Ste 100
Phone No.:
Fax No.:
Email Address:
1300
Address:
/ax
NoNo.:
est Email Address:
Address:
Phone No.:
Fax No.:
Email Address:
Greeley, CO 80634
(970) 330-4522
(866) 828-0844
Title Date
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BILL OF SALE
KNOW ALL PERSONS BY THESE PRESENTS, That Greeley Land Fund, LLC of the County of Weld, State of
COLORADO (Seller), for and in consideration of Ten Dollars and other Valuable Consideration to them in hand paid,
at or before the ensealing or delivery of these presents by WELD COUNTY, COLORADO, A BODY CORPORATE
AND POLITIC of the County of Weld, in the State of Colorado (Buyer), the receipt of which Is hereby acknowledged,
has bargained and sold, and by these presents does grant and convey unto the said Buyer, their personal
representatives, successors and assigns, the following property, goods and chattels, to wit:
Inclusions — Attached. If attached to the property on the date of the Contract, the following items are induded unless
excluded under Exclusions: lighting, heating, plumbing, ventilating, and air conditioning units, TV antennas, inside
telephone wiring, network and coaxial (cable) wiring and connecting blocks/lacks, plants, mirrors, floor coverings,
intercom systems, built-in kitchen appliances, sprinkler systems and controls, built-in vacuum systems (Including
accessories) garage door openers including remote controls if checked, the following are owned by the Seller and
included (leased items should be listed under Due Diligence Documents): 0 None 0 Solar Panels 0 Water Softeners
0 Security Systems 0 Satellite Systems (including satellite dishes). If any additional items are attached to the
Property after the date of the Contract, such additional items are also included in the Purchase Price.
Inclusions — Not Attached. If on the Property, whether attached or not, on the date of the Contract, the following
items are included unless excluded under Exclusions: storm windows, storm doors, window and porch shades,
awnings, blinds, screens, window coverings and treatments, curtain rods, drapery rods, fireplace inserts, fireplace
screens, fireplace grates, heating stoves, storage sheds, carbon monoxide alarms, smoke/fire detectors and all keys.
Personal Property — Conveyance. Any personal property must be conveyed at Closing by Seller free and clear of all
taxes (except personal property taxes for the year of Closing), liens and encumbrances, except .
Other Inclusions. The following items, whether fixtures or personal property, are also included in the Purchase Price:
twenty-six (26) 3" water taps
Exclusions. The following items are excluded (Exclusions):
located at: TBD, Greeley, CO 80631
TO HAVE AND TO HOLD the same unto the said Buyer, his personal representatives, successors and
assigns, forever. The said Seller covenants and agrees to and with the Buyer, his personal representatives, successors
and assigns, to WARRANT AND DEFEND the sale of said property, goods and chattels, against all and every person
or persons whomever. When used herein, the singular shall include the plural, the plural the singular, and the use of
any gender shall be applicable to all genders.
IN WITNESS WHEREOF, the Seller has executed this Bill of Sale July 13, 2021.
SELLER:
Greeley La und, LLC, olorado limited
liabili�compa
by Delo II, LLC, Manager of Greeley Land fund,
LLC, by David Forbes, Manager
Bill of Sale Last Saved: 7/7/2021 12:47 PM by. LL9
BILLSALEi8 (DSI Rev. 04/08/20) Page 1 Escrow No.: 459-H0644773-084-LL9
TD -1000
Confidential Document
This form provides essential market information to the county assessor to ensure accurate, fair and uniform
assessments for all property. This document is not recorded, is kept confidential, and is not available for
public inspection.
This declaration must be completed and signed by either the grantor (seller) or grantee (buyer).
Questions 1, 2, 3, and 4 may be completed (prefilled) by a third party, such as a title company or closing agent,
familiar with details of the transaction. The signatory should confirm accuracy before signing.
This form is required when conveyance documents are presented for recording. If this form is not completed and
submitted, the county assessor may send notice. If the completed and signed form is not returned to the assessor
within 30 days of notice, the assessor may impose a penalty of $25.00 or 0.025% (0.00025) of the sale price,
whichever is greater.
Additional information as to the purpose, requirements, and level of confidentiality regarding this form are outlined
in Colorado Revised Statutes, sections 39-14-102, 39-5-121.5, and 39-13-102.
1. Physical Address and/or legal description of the real property sold: Please do not use P.O. Box numbers.
TBD, Greeley, CO 80631
2. Type of property purchased: x Single Family Residential O Townhome O Condominium O Multi -Unit
Residential
O Commercial O Industrial O Agricultural O Mixed Use O Vacant Land O Other
3. July 13, 2021 May 3, 2021
Date of closing: mm/dd/yyyy Date of contract: mm/dd/yyyy
4. $ 4,113,134.00 $
Total sale price: Include all real and personal property Contracted price (if different from final sale price)
5. List any personal property included in the transaction that materially impacts the total sale price.
Personal property may include, but is not limited to: machinery or equipment, vehicles, exceptional appliances,
electronic devices, furniture, or anything that would not typically transfer with the real property (attach additional
pages if necessary).
Description Approximate Value
Personal Property Total: $
If no personal property is listed, the entire purchase price will be assumed to be for the real property.
6. Did the total sale price include a trade or exchange of additional real or personal property? x No O Yes
If Yes, approximate value of the goods or services as of the date of closing:
If Yes, does this transaction involve a trade under IRS Code Section 1031? O No O Yes
7. Was 100% interest in the real property purchased? O No ID Yes
Mark "No" if only a partial interest is being purchased. If No, interest
purchased
8. Is this a transaction between related parties or acquaintances? This includes persons connected by
blood
or marriage, or business affiliates, or those acquainted prior to the transaction. x No O Yes
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9. Please mark type of sale: O Builder (new constructions) El Public (MLS or Broker Representation)
O Private (For Sale By Owner) O Other (describe)
10. Mark any of the following that apply to the condition of the improvements at the time of purchase.
❑ New O Excellent O Good O Average O Fair O Poor O Salvage.
11. Type of financing: (mark all that apply)
❑ None (all cash or cash equivalent)
❑ New/Mortgage Lender (government -backed or conventional bank loan)
❑ New/Private Third Party (nonconventional lender, e.g., relative, friend, or acquaintance)
❑ Seller (buyer obtained a mortgage directly from the seller)
❑ Assumed (buyer assumed an existing mortgage)
❑ Combination or Other: Please explain
12. Total amount financed $
13. Terms:
❑ Variable; Starting interest rate % O Fixed; Interest rate ok
❑ Length of years
time
❑ Balloon payment? O No O Yes If yes, amount $ Due date:
14. Mark any that apply: 0 Seller assisted down payments 0 Seller concessions O Special terms or
financing
If marked, please specify
terms:
15. Was an independent appraisal obtained in conjunction with this transaction? O No O Yes
For properties OTHER THAN Residential (Residential is defined as: single family detached, townhomes, apartments
and condominiums) please complete questions 16-18, if applicable.
16. Did the purchase price include a franchise or license fee? O No O Yes
If yes, franchise or license fee value
17. Did the purchase price involve an installment land contract? O No O Yes
If yes, date of contract
18. If this is vacant land, was an on -site inspection conducted by the buyer prior to the O No O Yes
closing?
Please include any additional information concerning the transaction and price paid that you feel is important:
BUYER:
WELD COUNTY, COLORADO, A BODY
CORPORATE AND POLITIC
2- /
by Steve Moreno, Chair of the Board of Date
County Commissioners
Buyer Mailing Address: Future correspondence (tax bills, property valuations, etc.) regarding this property
should be mailed to:
//51 S/ l'GAy%`ff o r{ti-e7
Address (mailing) City /
Daytime Phone
Contact information is kept confidential, for County Assessor and Treasurer use only, to contact buyer with
questions regarding this form, property valuation, or property tax information.
State Zip Code
/ /J
Email address
TD -1000 Confidential Document
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Page 2 Escrow No.: I-I0644773-084-LL9
DISCLOSURES
Escrow #: 459-H0644773-084-LL9
PROPERTY ADDRESS: TBD, Greeley, CO 80631
THE UNDERSIGNED, have read and understand the following, and by their signatures below, agree to the
following:
Post Closing Escrows:
Funds may be collected and held in escrow by closing agent to pay items for which the amounts due are
not known at the time of closing or for which the payment of such items cannot be confirmed as of the date
of closing or disbursement. These items may include but are not limited to taxes, recordings, repairs, water,
sewer or utilities and will be listed as an estimate or escrow for said item on the HUD1 or other applicable
settlement statement. Upon confirmation of the amount due by closing agent, said items will be paid In full
in accordance with the contract and or lender's closing Instructions with any refund due to be disbursed to
the depositing party. In the event the new lender's closing instructions prohibit funds be returned to the
borrower, funds will be held until additional instructions are obtained from the lender.
Check Disbursement Procedures:
In the event any check Is later returned to Heritage Title Company, Inc., to be replaced or otherwise
disbursed, Heritage Title Company, Inc. will only be able to disburse said funds after a stop payment has
been placed on the returned check and confirmation of that stop has been received from the issuing bank
the following business day.
Disclosure of Possible Benefits to Closing Company:
As a result of Closing Company maintaining its general escrow accounts with the depositories, Closing
Company may receive certain financial benefits such as an array of bank services, accommodations, loans
or other business transactions from the depositories ("collateral benefits"). All collateral benefits shall accrue
to the sole benefit of Closing Company and Closing Company shall have no obligation to account to the
parties to this escrow for the value of any such collateral benefits. You have the opportunity to earn interest
on your escrowed funds as follows: As an example: the amount of interest you can earn on a deposit of
$1000.00 for a thirty day period at an interest rate of 4% is $3.33. Interest earned is dependent on the
amount of the deposit, length of time of the deposit and the prevailing interest rate. To establish an interest
bearing account, ask for an "Escrow Instruction -Interest Bearing Account," complete the form and return it
to your escrow officer. The charge to set up and service the interest bearing account shall not exceed
$100.00
FIRPTA Waiver Of Settlement Agent Responsibility
Heritage Title Company, Inc. Is released from and shall have no liability, obligation or responsibility with
respect to, (a) withholding of funds pursuant to Section 1445 of the Internal Revenue Code 1986 as
amended, (b) advising the parties as to the requirements of such Section or (c) determining whether the
transferor is a foreign person under such Section or otherwise making any inquiry concerning compliance
with such Section for any party to the transaction.
SELLER:
BUYER:
Greece U nd Fund, LLC orado limited WELD COUNTY, COLORADO, A BODY CORPORATE
liability co ny AND PC) TI
o�A
y Steve Moreno, Chair of the Board of County
Commissioners
owiltw
by Dalo 11, LLC, Manager of Greeley Land fund,
LLC, by David Forbes, Manager
REO Loan #
Disclosures
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Escrow No.: 459-H0644773-084-LL9
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Doc Fee: $411.31 Escrow No.: H0644773-084-LL9
SPECIAL WARRANTY DEED
This Deed, made July 13, 2021
Between GREELEY LAND FUND, LLC, of the County of Weld, State of Colorado the "Grantor" and WELD
COUNTY COLORADO, A BODY CORPORATE AND POLITIC, whose legal address is
\\ST', , O ''ti4 W rte ` % ; the "Grantee."
WITNESSETH, that the Grantor, for an in the consideration of the sum of Ten Dollars ($10.00) and other
valuable consideration, the receipt of sufficiency of which is hereby acknowledged, hereby sells and conveys unto the
Grantee, its successors and assigns forever, all the real property together with improvements, if any, situate, lying, and
being in the County of Weld, State of Colorado, described as follows:
See Exhibit A attached hereto and made a part hereof.
also known by street address as: TBD, Greeley, CO 80631
TOGETHER with all and singular the hereditaments and appurtenances thereunto belonging, or in anywise
appertaining, the reversions, remainders, rents, issues and profits thereof, and all the estate, right, title, interest, claim
and demand whatsoever of the Grantor, either in law or equity, of, in and to the above bargained premises, with the
hereditaments and appurtenances and warrants title against all persons claiming under Grantor, except for and subject
to taxes for the current year, a lien but not yet due and payable, and statutory exceptions as pursuant to CRS
38-30-113, revised, all matters of public record including, but not limited to, those listed on Exhibit B attached hereto
and made a part hereof, all matters that would be shown on an accurate survey and the lease pursuant to the Sixth
Amendment to Farm Lease dated January 1, 2021 by and between Grantor as Landlord and Hungenberg Group Farms,
LLLP and Hungenberg Produce, Inc., as Tenant.
The singular number shall include the plural, the plural the singular, and the use of any gender shall be
applicable to all genders.
IN WITNESS WHEREOF, the Grantor has executed this deed on the date set forth above.
GRANTOR:
GREELEY LAND FUND, LLC,
a Colorado limited liability company
By: DALO II, LLC,
a Colorado li iability companyanager
of Greeley Land Fun , LC
By:
David Forbes, Manager of Dalo II, LLC
STATE OF COLORADO )
C ) ss.
COUNTY OF I. -I PctSp )
The foregoing instrument was acknowledged before me this 8 day of July 2021 by David Forbes, as Manager of
Dalo II, LLC, as Manager of Greeley Land Fund, LLC, the Grantor.
Witness my hand and official seal.
My Commission Expires: a �v/ / 17)o2oa3
ESPERANZA RADLIFF
Notary Public
State of Colorado
Notary ID # 20194022801
My Commission Expires 06-17-2023
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Exhibit A
A parcel of land being a part of the South Half (S112) of Section Thirty (30), Township Six North (T.6N.), Range
Sixty-five West (R.65W.), Sixth Principal Meridian (6th P.M.) County of Weld, State of Colorado, and being more
particularly described as follows:
COMMENCING at the Southeast Corner of said Section 30 and assuming the South line of the Southeast Quarter
of said Section 30 as bearing South 89°33'01" West being a Grid Bearing of the Colorado State Plane Coordinate
System, North Zone, North American Datum 1983/2007, a distance of 2631.29 feet with all bearings contained
herein relative thereto:
THENCE North 00°44'47" West along the East line of the Southeast Quarter (SE1/4) of said Section 30, a distance
of 30.00 feet to the North Right -of -Way line of "O" Street (Weld County Road 64), said North Right of Way line also
being the North line of the North Poudre Third Annexation recorded June 1, 1982 as Reception No. 1893288 of the
Records of Weld County;
THENCE South 89°33'01" West along the North Right -of -Way line of said "O" Street a distance of 1333.65 feet to
the West line of that land referred to as "Parcel 3" in a Special Warranty Deed recorded June 18, 1998 as
Reception No. 2620486 of the Records of Weld County, and to the POINT OF BEGINNING:
THENCE South 89°33'01" West continuing along the North Right -of -Way line of said "O" Street a distance of
1297.49 feet;
THENCE South 89°33'33" West again continuing along the North Right -of -Way line of said "O" Street a distance of
1203.60 feet;
THENCE North 00°26'27" West a distance of 899.75 feet;
THENCE North 89°12'28" East a distance of 1172.10 feet to a Point of Curvature;
THENCE along the arc of a curve concave to the Northwest a distance of 31.54 feet, said curve has a Radius of
20.00 feet, a Delta of 90°20'46" and is subtended by a Chord bearing North 44°02'05" East a distance of 28.37 feet
to a Point of Tangency;
THENCE North 01°08'18" West along the East line of said SE1/4 a distance of 1693.84 feet to the Center Quarter
corner of said Section 30;
THENCE North 89°45'26" East along the North line of said SE1/4 a distance of 1295.25 feet to the Northwest
corner of that land referred to as "Parcel 3" in a Special Warranty Deed recorded June 18, 1998 as Reception No.
2620486 of the Records of Weld County;
THENCE South 01°11'48" East along the West line of said "Parcel 3" a distance of 2616.45 feet to the POINT OF
BEGINNING.
EXHIBIT B
TO SPECIAL WARRANTY DEED
1. Reservations contained in the Patents recorded October 24, 1881 in Book 20 at Page 332 and September 26, 1884
in Book 34 at Page 195 Which among other things recite as follows: Subject to any vested and accrued water rights
for mining, agricultural, manufacturing or other purposes and rights to ditches and reservoirs used in connection with
such water rights, as may be recognized and acknowledged by the local customs, laws and decisions of the courts; and
also subject to the right of the proprietor of a vein or lode to extract and remove his ore therefrom should the same be
found to penetrate or intersect the premises hereby granted, as provided by law.
2. Terms, conditions, provisions, agreements and obligations contained in the Agreement as set forth below:
Recording Date: January 13, 1926.
Recording No.: Book 785 at Page 239.
3. Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Home Light and Power Company.
Purpose: Electric transmission, distribution and service lines.
Recording Date: October 19, 1959.
Recording No: Book 1542 at Page 563.
4. All matters shown on the map of amended Subdivision Exemption No. 43 recorded October 6, 1977 at Reception
Number 1732486.
5. An oil and gas lease for the term therein provided with certain covenants, conditions and provisions, together with
easements, if any, as set forth therein, and any and all assignments thereof or interests therein.
Recording Date: June 1, 1979.
Recording No: 1792317.
6. Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Northern Natural Gas Company.
Purpose: Pipeline.
Recording Date: May 6, 1983.
Recording No: Reception Number 1926095 and Reception Number 1926096.
7. Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Natural Gas Associates, a Colorado Partnership.
Purpose: Pipelines.
Recording Date: February 17, 1984.
Recording No: 1956513.
8. Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Colorado Gathering and Processing Corporation, a Colorado corporation.
Purpose: Pipeline.
Recording Date: August 29, 1985.
Recording No: Reception Number 2022859 and Reception Number 2022861.
9. Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: The City of Greeley.
Purpose: Sanitary sewer line.
Recording Date: April 24, 1992.
Recording No: 2285544.
10. Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Associated Natural Gas, Inc., a Colorado corporation.
Purpose: Pipeline.
Recording Date: April 16, 1993.
Recording No: 2329284.
And Receipt for Additional Pipeline Rights of Way recorded March 29, 2006 at Reception Number
3374202.
11. Terms, conditions, provisions, agreements and obligations contained in the Valve Site Contract as set
forth below:
Recording Date: October 10, 1995.
Recording No.: 2458927.
12. Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Public Service Company of Colorado.
Purpose: Utility lines.
Recording Date: September 20, 2004.
Recording No: 3220308.
13. Reservation of all the royalty interest only under the Oil and Gas lease recorded June 1, 1979 at
Reception Number 1792317, as reserved by document set forth below:
Reserved by: Swift Beef Company, a Delaware corporation, formerly known as Monfort Feed Lots, Inc., a
Delaware corporation and Monfort of Colorado, Inc., a Delaware corporation.
Recording Date: December 20, 2004.
Recording No.: 3245727.
14. Terms, conditions, provisions, agreements and obligations contained in the Directional Drilling,
Facilities Location and Surface Use Agreement as set forth below:
Recording Date: May 3, 2005.
Recording No.: 3282787.
15. Terms, conditions, provisions, agreements and obligations contained in the Ditch Easement Agreement
as set forth below:
Recording Date: June 16, 2006.
Recording No.: 3396647.
16. Terms, conditions, provisions, agreements and obligations contained in the Directional Drilling,
Facilities Location and Surface Use Agreement as set forth below:
Recording Date: July 10, 2006.
Recording No.: 3401929.
17. Terms, conditions, provisions, agreements and obligations contained in the Relinquishment and Deed
of Surface Access Rights as set forth below:
Recording Date: July 10, 2006.
Recording No.: 3401930.
18. Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: Duke Energy Field Services, LP.
Purpose: Pipeline Right -of -Way Grant with Valve Site.
Recording Date: December 6, 2006.
Recording No: 3439898.
19. Terms, conditions, provisions, agreements and obligations contained in the Request for Notification of
Pending Surface Development as set forth below:
Recording Date: August 24, 2007.
Recording No.: 3499549.
20. Terms, conditions, provisions, agreements and obligations contained in the Request for Notification of
Surface Development as set forth below:
Recording Date: October 15, 2007.
Recording No.: 3511023.
21. Terms, conditions, provisions, agreements and obligations contained in the Surface Use Agreement(s)
disclosed by memorandum as set forth below:
Recording Date: May 22, 2008.
Recording No.: 3555948.
Recording Date: June 12, 2008.
Recording No: 3560230.
22. Terms, conditions, provisions, agreements and obligations contained in the Agreement as set forth
below:
Recording Date: February 3, 2009.
Recording No.: 3602970.
23. Easement(s) for the purpose(s) shown below and rights incidental thereto, as granted in a document:
Granted to: DCP Midstream, LP.
Purpose: Pipeline.
Recording Date: February 3, 2009.
Recording No: 3602971.
And Memorandum of Amendment to Nonexclusive Pipeline Easement recorded May 4, 2010 at Reception
Number 3690996 and March 1, 2012 at Reception Number 3828401.
24. Terms, conditions, provisions, agreements and obligations contained in the Ordinance No. 06,2013 as
set forth below:
Recording Date: May 7, 2013.
Recording No.: 3930418.
25. Terms, conditions, provisions, agreements and obligations contained in The Grainery Annexation
Agreement as set forth below:
Recording Date: May 7, 2013.
Recording No.: 3930419.
26. All matters shown on the map of Grainery Annexation to the City of Greeley recorded May 7, 2013 at
3930420.
27. Terms, conditions, provisions, agreements and obligations contained in the Ordinance No. 07, 2013 as
set forth below:
Recording Date: May 7, 2013.
Recording No.: 3930421.
Recording Date: August 7, 2013.
Recording No: Reception Number 3954396.
28. Request for Notification of Application for Development recorded August 2, 2018 at Reception Number
4420477.
29. Any rights, interests, or claims which may exist or arise by reason of the following matters disclosed
by survey recoded August 5, 2020 at Reception No. 4616873, and:
Job No.: 1504-002.
Dated: June 15, 2021.
Prepared by: Northern Engineering.
Matters shown:
a. Right of way for gravel roads along the easterly and northerly property lines.
b. Edge of asphalt roadway crosses the south property line.
c. Note No. 5 regarding Oil/gas wells and production facilities.
TAX, WATER AND ASSESSMENT AGREEMENT
PROPERTY: TBD, Greeley, CO 80631
THE UNDERSIGNED, have read and understand the following, and by their signatures below, agree to the following:
I. REAL AND PERSONAL PROPERTY TAXES AND TAX PRO -RATIONS
Purchaser has received, es of this date July 13. 2021, a credit from seller for the taxes for the current year as disclosed on the
Purchaser and Seller settlement statements. This proration is based on:
Estimate of taxes for the current year based on most current mill levy and assessment.
Seller warrants that the above property IS NOT subject to a pending tax protest or appeal. Seller further warrants that
special assessments, if any, affecting subject property are paid in full, except as reflected on the statement of
settlement.
SELLER AND PURCHASER AGREE THAT THE ABOVE REFERENCED PRORATION SHALL BE CONSIDERED A FINAL
SETTLEMENT, AND AS SUCH, PURCHASER AGREES TO PAY ALL TAXES FOR THE CURRENT YEAR. HERITAGE
TITLE COMPANY, INC. IS HEREBY RELEASED FROM ANY LIABILITY WITH REGARD TO SAID PRORATION.
WATER. SEWER AND STORM DRAINAGE
Entity Name(s) NORTH WELD WATER Water Company. Final Read Date 07-13-21. Sewer Company.
Storm Drainage Company
Closing Agent X has CI has not collected the following to pay the final billing for.
Water and Sewer Charges In the amount of $ 44.76 from the X Seller _ Purchaser.
Any overage with regard to the above items in Section II shall be refunded to the depositing party unless otherwise
stated below In the special instructions.
IN THE EVENT THAT THE FINAL BILL EXCEEDS THE ESCROWED AMOUNT, INCLUDING TRANSFER FEES OR FINAL
READ FEES, ANY ADDITIONAL CHARGES ARE THE RESPONSIBILITY OF THE SELLER ANDIOR BUYER.
III. IRRIGATION WATER: Not Applicable
IV. HOMEOWNER'SICONDOMINIUM ASSOCIATIONIMETRO DISTRICT:
The above referenced property is subject to assessments for the following Associations and/or Metro Districts per the
applicable status letter(s) Included with your closing documents.
Seller and Purchaser hereby agree that there is NO active Homeowners' Association /Metro District. Heritage Title has not
collected or prorated any dues or assessments for this transaction. CLOSING AGENT IS HEREBY RELIEVED OF AND HELD
JIRMLESS FROM ANY LIABILITY WITH REGARD TO SAID ITEMS
All sments due at the time of closing have been collected and prorated per the enclosed Association/Metro
District status letter(s) In accordance with the purchase contract dated May 3, 2021 If applicable, any working
capitaUtransfer fees/statement fees have also been collected as per HOA statement and purchase contract Seller
hereby acknowledges that they are not aware any covenant violations affecting the above referenced property.
V. mmHg: Not Applicable
VI. WEED ABATEMENTITRASH/REFUSE REMOVAL: Not Applicable
With regards to the closing of TBD, Greeley, CO 80631 (Property Address), both the buyer(s) and seller(s) fully understand that the
telephone company, gas, electric, propane and the present hazard insurance agency will not be notified by the escrow agent.
SELLER:
BUYER:
Greeley Lan nd, LLC olorado limited liability WELD COUNTY, COLORADO, A BODY CORPORATE AND
company) // POLITI
by Da lo II, LLC, Manager of Greeley Land fund, LLC, by by Steve Moreno, Chair of the Board of County
David Forbes, Manager Commissioners
Tax, Water and Assessment Agreement Last Saved: 7/7/2021 12:47 PM by LL9
TWSHIC (DSI Rev. 05/05/21) Page 1 Escrow No.: 459-H0644773-084-LL9
CERTIFICATE OF NON -FOREIGN STATUS
Section 1445 of the Internal Revenue Code provides that a transferee (buyer) of a U.S. real property interest must
withhold tax if the transferor (seller) is a foreign person. To inform WELD COUNTY, COLORADO, A BODY
CORPORATE AND POLITIC (the "Transferee") that withholding of tax is not required upon the disposition of a U.S.
real property interest by Greeley Land Fund, LLC (the "Transferor"), the undersigned hereby certifies the following
on behalf of the Transferor
1. That the Transferor is the owner of the following described property, to wit:
See Exhibit A attached hereto and made a part hereof.
2. The Transferor is not a non-resident alien for purposes of the U.S. income taxation (as such term is defined
in the Internal Revenue Code and Income Tax Regulations).
3. The Transferor's U.S. taxpayer identification number (Social Security Number) is
Seller # 1 Z. Co ," /41-13/2..4
Seller # 2
4. The Transferor's address is:
al . AJ& ✓ ye. 1a o
(6 tail c S � S Co Wei X90 8 3
5. The Transferor understands that this certification may be disclosed to the Internal Revenue Service by the
Transferee and that any false statement contained herein could be punishable by fine, imprisonment or both.
UNDER PENALTIES OF PERJURY, I DECLARE THAT I HAVE EXAMINED THIS CERTIFICATION AND TO THE
BEST OF MY KNOWLEDGE AND BELIEF IT IS TRUE, CORRECT AND COMPLETE, AND I FURTHER DECLARE
THAT I HAVE THE AUTHORITY TO SIGN THIS DOCUMENT ON BEHALF OF THE TRANSFEROR.
SELLER:
Greeley�an4,Eund, LLC, a Col do limited liability
compan
by Dalo II, LLC, Manager of Greeley Land fund, LLC,
by David Forbes, Manager
FIRPTA Statement by Qualified Substitute Last Saved: 7/7/2021 12:47 PM by LL9
QSFIRPTA (DSI Rev. 03/16/20) Page 2 Escrow No.: H0644773-084-LL9
•,._—� aR121uiifi��t fgfo �w�:'a�•:�; tai ^"': 'f s>>N� }i!.. :'�i---- ,. • -
RE: Commitment No. 456-H0644773-084-LL9
AFFIDAVIT AND INDEMNITY AGREEMENT
TO HERITAGE TITLE COMPANY, INC., a Colorado Corporation and Commonwealth Land Title Insurance Company, a
Florida Corporation.
1. This is written evidence to you that there are no unpaid bills, and to the extent there may be unpaid bills, that the
undersigned undertakes and agrees to cause the same to be paid such that there shall be no mechanics or
materialmen's liens affecting the property for 'materials or labor furnished for construction and erection, repairs or
improvements contracted by or on behalf of the undersigned on property:
legally described as:
See Exhibit B attached hereto and made a part hereof.
Property Address: TBD, Greeley, CO 80631
2. We further represent that to the actual knowledge and belief of the undersigned there are no public improvements
affecting the property prior to the date of closing that would give rise to a special property tax assessment against the
property after the date of dosing.
3. We further represent that to the actual knowledge and belief of the undersigned there are no pending proceedings or
unsatisfied judgments of record, in any Court, State, or Federal. nor any tax liens filed or taxes assessed against us
which may result in liens, and that if there are judgments, bankruptcies, probate proceedings, state or federal tax liens
of record against parties with same or similar names, that they are not against us.
4. We further represent that there are no unrecorded contracts, leases, easements, or other agreements or interests
relating to said premises of which we have knowledge.
5. We further represent that to the actual knowledge and belief of the undersigned we are in sole possession of the real
property described herein other than leasehold estates reflected as recorded Items under the subject commitment for
title insurance.
8. We further represent that there are no unpaid charges and assessments that could result in a lien in favor of any
association of homeowners which are provided for in any document referred to in Schedule B of Commitment
referenced above.
7. We further understand that any payoff figures shown on the settlement statement have been supplied to Heritage Title
Company, Inc. as settlement agent by the seller's/borrower's lender and are subject to confirmation upon tender of the
payoff to the lender. If the payoff figures are inaccurate, we hereby agree to immediately pay any shortage(s) that
may exist. If applicable as disclosed or referred to on Schedule A of Commitment referenced above.
The undersigned affiant(s) know the matters herein stated are true and indemnifies HERITAGE TITLE COMPANY, INC., a
Colorado Corporation and Commonwealth Land Title Insurance Company, a Florida Corporation against loss, costs,
damages and expenses of every kind incurred by it by reason of its reliance on the statements made herein.
This agreement is executed with and forms a part of the sale and/or financing of the above described premises, and is given in
addition to the conveyance and/or financing of the premises in consideration for the conveyance and/or financing, and forms a
complete agreement by itself for any action thereon.
SELLER:
Greeley La id�nd�LLC, a Colo milted liability
company
by Dalo II, LLC, Manager of Greeley Land fund, LLC,
by David Forbes, Manager
State of CO County of L I iqfk.Sa
The foregoing instrument was acknowledged, subscribed, and sworn to before me July 13, 2021 by David Forbedg Manager
of Dalo II, LLC, Manager of Greeley Land Fund, LLC.
(SEAL)
ESPERANZA RADLIFF
Notary Public
State of Colorado
Notary ID #20194022801
My Commission Expires 06-17-2023
Affidavit and Indemnity Agreement
AFFINDEM (DSI Rev. 08/06/18) - Page 1
?Ait°
Notary Putic /
My Commission Expi O WI 1/01.
Last Saved: 7/7/2021 12:47 PM by LL9
Commitment No. 459.H0644773-084-LL9
REO Loan*
Exhibit B
A parcel of land being a part of the South Half (S1/2) of Section Thirty (30), Township Six North (T.6N.), Range
Sixty-five West (R.65W.), Sixth Principal Meridian (6"' P.M.) County of Weld, State of Colorado, and being more
particularly described as follows:
COMMENCING at the Southeast Corner of said Section 30 and assuming the South line of the Southeast Quarter
of said Section 30 as bearing South 89°33'01" West being a Grld Bearing of the Colorado State Plane Coordinate
System, North Zone, North American Datum 1983(2007, a distance of 2631.29 feet with all bearings contained
herein relative thereto:
THENCE North 00°44'47" West along the East line of the Southeast Quarter (SE1/4) of said Section 30, a
distance of 30.00 feet to the North Right -of -Way line of "O" Street (Weld County Road 64), said North Right of
Way line also being the North line of the North Poudre Third Annexation recorded June 1, 1982 as Reception No.
1893288 of the Records of Weld County;
THENCE South 89°33'01" West along the North Right -of -Way line of said "O" Street a distance of 1333.65 feet to
the West line of that land referred to as Parcel 3° in a Special Warranty Deed recorded June 18, 1998 as
Reception No. 2620486 of the Records of Weld County, and to the POINT OF BEGINNING:
THENCE South 89°33'01" West continuing along the North Right -of -Way line of said "O" Street a distance of
1297.49 feet;
THENCE South 89°33'33" West again continuing along the North Right -of -Way line of said "O" Street a distance
of 1203.60 feet;
THENCE North 00°26'27° West a distance of 899.75 feet;
THENCE North 89°12'28" East a distance of 1172.10 feet to a Point of Curvature;
THENCE along the arc of a curve concave to the Northwest a distance of 31.54 feet, said curve has a Radius of
20.00 feet, a Delta of 90°20'46" and is subtended by a Chord bearing North 44°02'05" East a distance of 28.37
feet to a Point of Tangency;
THENCE North 01°08'18" West along the East line of said SE1/4 a distance of 1693.84 feet to the Center Quarter
corner of said Section 30;
THENCE North 89°45'26° East along the North line of said SE1/4 a distance of 1295.25 feet to the Northwest
corner of that land referred to as "Parcel 3" in a Special Warranty Deed recorded June 18, 1998 as Reception No.
2820486 of the Records of Weld County;
THENCE South 01'11'48" East along the West line of said Parcel 3" a distance of 2818.45 feet to the POINT OF
BEGINNING.
SIXTHAMENDMENT TO FARM LEASE
(Greeley Land Fund, LLC / Hungenberg)
THIS SIXTH AMENDMENT TO FARM LEASE (the "Second Amendment") is made to
be effective the 1st day of January, 2021 (the "Effective Date"), by and between Greeley Land
Fund, LLC, whose address is c/o Petra Financial, 2 North Nevada Avenue, Suite 1300,
Colorado Springs, Colorado 80903 ("Landlord"), and Hungenberg Group Farms, lllp and
Hungenberg Produce, Inc., whose collective address is Hungenberg Produce, Inc., Attn. Jordan
Hungenberg, 976 North Balsam Avenue, Greeley, Colorado 80631 (hereinafter jointly and
severally ("Tenant"). Landlord and Tenant are hereinafter sometimes referred to individually as
a "Party" or collectively as the "Parties".
RECITALS: The following statements are made to aid in the understanding and interpretation of
this SIXTH Amendment:
A. Landlord and Michael B. Hungenberg, Paul D. Hungenberg, Jared Hungenberg, Jason
Hungenberg, Jordan Hungenberg, Donald Hungenberg, Beatrice Hungenberg, and Chris
Jones (collectively, the "Original Tenant") entered into a Farm Lease (the "Lease") dated
January 1, 2015, with respect to property described on Exhibit "A", attached to the
Lease and incorporated herein by this reference (the "Farm Property"). The Farm
Property is located within the City of Greeley, County of Weld, and State of Colorado.
B. The Original Tenant subsequently assigned its rights under the Lease to Tenant.
C. By First Amendment to Farm Lease, the Parties extended the Lease for the 2016 crop
year. By Second Amendment to Farm Lease, the Parties extended the Lease for the 2017
crop year. By Third Amendment to Farm Lease, the Parties extended the Lease for the
2018 crop year. By Fourth Amendment to Farm Lease, the Parties extended the Lease
for the 2019 crop year. By Fifth Amendment to Farm Lease, the Parties extended the
Lease for the 2020 crop year. The Parties now wish to further extend the term of the
Lease.
NOW, THEREFORE, in consideration of the mutual promises contained herein, the Parties
agree as follows:
1. Paragraph 1 of the Lease is hereby amended to read as follows:
"Landlord hereby agrees to lease to Tenant and Tenant hereby agrees to lease from
Landlord the Farm Property for the 2021 crop year commencing on January 1, 2021 and
ending when the final crop is removed from the Farm Property or December 31, 2021,
whichever is earlier.
2. All of the other terms and conditions shall remain in full force and effect.
(signatures on the following page)0
LANDLORD:
Greeley Land Fund, LLC
A Colorado limited liability company
By: Dalo II, LLC, its Manage
By:
David S. Forbes, its Manager
TENANT:
Hungenberg Group Farms, flip
Its ; , e , , o',. (name of office)
AND BY:
Hungenberg Produce, I
(name of office)
2
ASSIGNMENT OF CONTRACT TO BUY AND SELL REAL ESTATE
Waypoint Companies, LLC, a Colorado limited liability company ("Assignor") hereby
assigns to WELD COUNTY, COLORADO, A BODY CORPORATE AND POLITIC ("Assignee"),
all of its right, title and interest in and to that certain Contract to Buy and Sell Real Estate dated May
7th, 2021 between Greeley Land Fund, LLC, a Colorado limited liability company, as Seller, and
Assignor, as Buyer (the "Contract"), concerning that certain real property known as:
A parcel of land being a part of the South Half (S1/2) of Section Thirty (30), Township Six
North (T.6N.), Range Sixty-five West (R.65W.), Sixth Principal Meridian (6th P.M.) County
of Weld, State of Colorado, and being more particularly described as follows:
COMMENCING at the Southeast Corner of said Section 30 and assuming the South line of
the Southeast Quarter of said Section 30 as bearing South 89°33'01" West being a Grid
Bearing of the Colorado State Plane Coordinate System, North Zone, North American Datum
1983/2007, a distance of 2631.29 feet with all bearings contained herein relative thereto:
THENCE North 00°44'47" West along the East line of the Southeast Quarter (SE1/4) of said
Section 30, a distance of 30.00 feet to the North Right -of -Way line of "O" Street (Weld
County Road 64), said North Right of Way line also being the North line of the North Poudre
Third Annexation recorded June 1, 1982 as Reception No. 1893288 of the Records of Weld
County;
THENCE South 89°33'01" West along the North Right -of -Way line of said "O" Street a
distance of 1333.65 feet to the West line of that land referred to as "Parcel 3" in a Special
Warranty Deed recorded June 18, 1998 as Reception No. 2620486 of the Records of Weld
County, and to the POINT OF BEGINNING:
THENCE South 89°33'01" West continuing along the North Right -of -Way line of said "O"
Street a distance of 1297.49 feet;
THENCE South 89°33'33" West again continuing along the North Right -of -Way line of said
"O" Street a distance of 1203.60 feet;
THENCE North 00°26'27" West a distance of 899.75 feet;
THENCE North 89°12'28" East a distance of 1172.10 feet to a Point of Curvature;
THENCE along the arc of a curve concave to the Northwest a distance of 31.54 feet, said
curve has a Radius of 20.00 feet, a Delta of 90°20'46" and is subtended by a Chord bearing
North 44°02'05" East a distance of 28.37 feet to a Point of Tangency;
THENCE North 01°08' 18" West along the East line of said SE1/4 a distance of 1693.84 feet
to the Center Quarter corner of said Section 30;
THENCE North 89°45'26" East along the North line of said SE1/4 a distance of 1295.25 feet
to the Northwest corner of that land referred to as "Parcel 3" in a Special Warranty Deed
recorded June 18, 1998 as Reception No. 2620486 of the Records of Weld County;
THENCE South 01°11'48" East along the West line of said "Parcel 3" a distance of 2616.45
feet to the POINT OF BEGINNING.
2021-1864 (I)
Assignee hereby accepts the assignment of all the Assignor's right, title, interest and
obligations under the Contract.
IN WITNESS WHEREOF, the Parties execute this Assignment on this /C2 day o
ASSIGNOR:
Waypoint Companies, LLC
a Colorado limited liability company
By:
Joshua Diems y, Manage
ASSIGNEE:
WELD COUNTY, COLORADO, A BODY CORPORATE AND POLITIC
By the Board of County Commissioners
for the Co ty of Weld
By:
Steve Moreno, Chair JUL 1 2 2021
, 2021.
0.200v -/S/6",(/
NORTH WELD COUNTY WATER DISTRICT
32825 CR 39 • LUCERNE, CO 80646
P.O. BOX 56 • BUS: 970-356-3020 • FAX: 970-395-0997
WWW.NWCWD.0RG • EMAIL: WATER@NWCWD.0RG
NORTH WELD COUNTY WATER DISTRICT ASSIGNMENT
Premise No.
4208 Premise Addess: 1417 O Street, Greeley
Parcel No. 080330000093
FOR VALUE RECEIVED I/WE hereby sell, transfer and assign to:
a Water Tap with a Water Class of 26 and a Plant Investment Class of 26 , in Latimer and/or Weld County, Colorado.
• WATER RIGHTS
It is further understood that this tap with a Water Class of 2.6...a III2XiMUM amount of 5928 thousand gallons shall be delivered
annually within the water year. If this amount is exceeded on an annual water year basis, the District shall apply any
appropriate fines, fees or surcharges, as determined by North Weld County Water District,
• INFRASTRUCTURE
It is understood that this tap with a Plant Investment Class of 2f ,.a maximum amount of 5928 thousand gallons shall be
delivered annually within the water year. If this amount is exceeded on an annual water year basis, the District shall apply any
appropriate fines, fees or surcharges, as determined by North Weld County Water District.
It is understood that these taps were purchased for the attached described lands and may not be transferred to other lands,
without express written consent, in addition to the below consent of the North Weld County Water District. I/we further
authorize the District Manager or his designee of said District to do any and all things necessary to effectuate this transfer on
the books and records of said District.
It is understood that customer service lines described as being constructed downstream of the North Weld County Water
District meter assembly shall not cross parcel lines, without express written consent of the North Weld County Water District.
I/we understand that the normal operating pressure range for the above listed address is 100 psi to 110 psi. The
maximum operating pressure may be as great as _lapel.
The District has/will install a pressure regulator In the meter pit if the maximum operating pressure is greater than
80 psi. The District strongly recommends that a preventative plumbing device is installed to restrict and/or release
the pressure within the customer's system if maximum operating pressure is greater than 80 psi.
If damage results from excessive pressures, North Weld County Water District claims no liability.
I/we further agree to pay any and all charges hereinafter levied by said District for said taps and to abide by all
regulations adopted by said District.
Agreed and Executed by:
{.�•/ f viS
�vN Datt Buyer Date
Seller
Date Buyer Date
Al. k'ftcvAWE #(3oo //S s/ /O 2k %.S -l9
Current Mailing Address Current Mailin it Address
Cob .99z, Sr ca 3 e.rec6>. f(96.Y
City State Zip City 7 State Tip
-71R-63(2-gaao 72a -w..- yZ,,,o
Phone Number Phone Number
daNie-P__? aC eleiPiCi at 6-0"'"\ /((.,7,,,/ e (,/7 e1,/
Email Address Email Address
CONSENT OF ASSIGNMENT
District Manager or designee of NORTH WELD COUNTY WATER
DISTRICT, hereby consent to the above Assignment of behalf of said District
District Manager or designee
)loth the buyer and seller must sign and date this document. Please attach a copy of the warranty deed.
Doc Fee: $411.31
SPECIAL WARRANTY DEED
This Deed, made July 13, 2021
Between Greeley Land Fund, LLC, of the County Weld, State of Colorado, grantor(s) and WELD COUNTY,
COLORADO, A BODY CORPORATE AND POLITIC, whose legal address is
County of Weld, and State of Colorado, grantee(s)
WITNESSETH, That the grantor(s), for and in the consideration of the sum of FOUR MILLION ONE
HUNDRED THIRTEEN THOUSAND ONE HUNDRED THIRTY-FOUR DOLLARS AND NO/100'S ($4,113,134.00) the
receipt and sufficiency of which is hereby acknowledged, has granted, bargained, sold and conveyed, and by these
presents does grant, bargain, sell, convey and confirm, unto the grantee(s), his heirs and assigns forever, all the real
property together with improvements, if any, situate, lying and being in the County of Weld, State of Colorado described
as follows:
See Exhibit A attached hereto and made a part hereof.
also known by street and number as TBD, Greeley, CO 80631
TOGETHER with all and singular 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 grantor, either in law or equity, of, in and to the above
bargained premises, with the hereditaments and appurtenances except for taxes for the current year, a lien but not
yet due and payable, subject to statutory exceptions as defined in CRS 38-30-113, revised..
TO HAVE AND TO HOLD said premises above bargained and described, with the appurtenances, unto the
grantee, their heirs and assigns forever. The grantor(s), for themselves, their heirs and personal representatives or
successors, does covenant and agree that they shall and will WARRANT AND FOREVER DEFEND the above -
bargained premises in the quiet and peaceable possession of the grantee(s), their heirs and assigns, against all and
every person or persons claiming the whole or any part thereof, by, through or under the grantor(s).
The singular number shall include the plural, the plural the singular, and the use of any gender shall be
applicable to all genders.
IN WITNESS WHEREOF, the grantor has executed this on the date set forth above.
SELLER:
Greeley Land Fund, LLC, a Colorado limited
liability company
by Dalo II, LLC, Manager of Greeley Land fund,
LLC, by David Forbes, Manager
STATE OF COLORADO
COUNTY OF
}ss:
The foregoing instrument was acknowledged before me July 13, 2021 by David Forbest, Manager of Dalo II, LLC,
Manager of Greeley Land Fund, LLC.
Witness my hand and official seal.
Notary Public
My Commission expires:
Exhibit A
A parcel of land being a part of the South Half (S1/2) of Section Thirty (30), Township Six North (T.6N.), Range Sixty-five West
(R.65W.), Sixth Principal Meridian (6t' P.M.) County of Weld, State of Colorado, and being more particularly described as
follows:
COMMENCING at the Southeast Corner of said Section 30 and assuming the South line of the Southeast Quarter of said
Section 30 as bearing South 89°33'01" West being a Grid Bearing of the Colorado State Plane Coordinate System, North Zone,
North American Datum 1983/2007, a distance of 2631.29 feet with all bearings contained herein relative thereto:
THENCE North 00°44'47" West along the East line of the Southeast Quarter (SE1/4) of said Section 30, a distance of 30.00 feet
to the North Right -of -Way line of "O" Street (Weld County Road 64), said North Right of Way line also being the North line of the
North Poudre Third Annexation recorded June 1, 1982 as Reception No. 1893288 of the Records of Weld County;
THENCE South 89°33'01" West along the North Right -of -Way line of said "O" Street a distance of 1333.65 feet to the West line
of that land referred to as "Parcel 3" in a Special Warranty Deed recorded June 18, 1998 as Reception No. 2620486 of the
Records of Weld County, and to the POINT OF BEGINNING:
THENCE South 89°33'01" West continuing along the North Right -of -Way line of said "O" Street a distance of 1297.49 feet;
THENCE South 89°33'33" West again continuing along the North Right -of -Way line of said "O" Street a distance of 1203.60 feet;
THENCE North 00°26'27" West a distance of 899.75 feet;
THENCE North 89°12'28" East a distance of 1172.10 feet to a Point of Curvature;
THENCE along the arc of a curve concave to the Northwest a distance of 31.54 feet, said curve has a Radius of 20.00 feet, a
Delta of 90°20'46" and is subtended by a Chord bearing North 44°02'05" East a distance of 28.37 feet to a Point of Tangency;
THENCE North 01°08'18" West along the East line of said SE1/4 a distance of 1693.84 feet to the Center Quarter corner of said
Section 30;
THENCE North 89°45'26" East along the North line of said SE1/4 a distance of 1295.25 feet to the Northwest corner of that land
referred to as "Parcel 3" in a Special Warranty Deed recorded June 18, 1998 as Reception No, 2620486 of the Records of Weld
County;
THENCE South 01°11'48" East along the West line of said "Parcel 3" a distance of 2616.45 feet to the POINT OF BEGINNING.
HERITAGE TITLE COMPANY, INC.
7251 West 20th Street, Building L, Ste 100, Greeley, CO 80634
Phone: (970) 330-4522 Fax: (866) 828-0844
Buyers/Borrowers Settlement Statement
FINAL
Escrow No: H0644773 - 084 LL9
Close Date: 07/13/2021 Proration Date: 07/13/2021
Buyer(s)/Borrower(s): WELD COUNTY, COLORADO, A BODY CORPORATE AND POLITIC
Seller(s): Greeley Land Fund, LLC
Property:
Brief Legal:
TBD
Greeley, CO 80631
3 parcels in the S2 30-6-65 102 acres +/-
Disbursement Date: 07/13/2021
Description
Debit
Credit
TOTAL CONSIDERATION:
Total Consideration
4,113,134.00
Deposit/Earnest Money _
50,000.00
REAL ESTATE CLOSING CHARGES
Escrow Fee to Heritage Title Company, Inc.
275.00
RECORDING FEES:
Recording Fees to County Clerk and Recorder
18.00
State Tax Stamps to County Clerk and Recorder
411.31
ADDITIONAL CHARGES:
Water Transfer fee to North Weld County Water Distri
25.00
PRORATIONS AND ADJUSTMENTS:
County Taxes from 1/1/2021 to 7/13/2021 based on the Annual amount of
631.23
$1,193.78
FARM LEASE CREDIT
586.85
Sub Totals
4,114,450.16
50,631.23
Balance Due From Buyer /Borrower
4,063,818.93
Totals
4,114,450.16
4,114,450.16
Buyer(s)/Borrower(s):
WELD COUNTY, COLORADO, A BODY CORPORATE AND POLITIC
7-/ 2 /
by Steve Moreno, Chair of the Board of County Commissioners Date
Settlement Agent:
HERITAGE -TITLE Ca' 1P Y, INC.,
i
Date
by Lindy -Miner
Selling Agent:
Waypoint Real Estate, LLC Date
Well have carefully reviewed the Settlement Statement and find it to be a true and accurate statement of all receipts and
disbursements made on my account or by me in this transaction and further certify that I have received a copy of the Settlement
Statement. We/I authorize HERITAGE TITLE COMPANY, INC. to cause the funds to be disbursed in accordance with this statement.
Printed by Lindy Miner on 7/13/2021 - 8:31:09AM Page 1 of 1
HERITAGE TITLE COMPANY, INC.
7251 West 20th Street, Building L, Ste 100, Greeley, CC) 80634
Phone: (970) 330-4522 Fax: (866) 828-0844
Sellers Settlement Statement
FINAL
Escrow No: H0644773 - 084 LLS Close Date: 07/13/2021
Proration Date: 07/13/2021 Disbursement Date: 07/13/2021
Seller(s): Greeley Land Fund, LLC
Buyer(s)/Borrower(s): WELD COUNTY, COLORADO, A BODY CORPORATE AND POLITIC
Property: TBD
Greeley, CO 80631
Brief Legal: 3 parcels in the 52 30-8-85 102 acres +/-
Description
Debit
Credit;
TOTAL CONSIDERATION:
Total Consideration
4,113,134.00
REAL ESTATE CLOSING CHARGES
Escrow Fee to Heritage Tab Company, Inc.
275.00
RECORDING FEES:
Statement of Authority to clerk and recorder
26.00
ADDITIONAL CHARGES:
Water Final to North Wald County Water DIsh1
44.76
PRORATIONS AND ADJUSTMENTS:
County Taxes from 111/2021 10 7/13/2021 based on the Annual amount of
631.23
$1,193.78
FARM LEASE CREDIT
588.85
COMMISSIONS:
Commission
246,788.04
$123,394.02 (0% of $4,113,134.00) to Realtec Commercial Real Estate
$123,394.02 (0% of $4,113,134.00) to Waypoint Real Estate, LLC
PAYOFFS:
Payoff to
0.00
TITLE CHARGES:
Owners Policy $4,113,134.00 to Heritage Title Company, Inc.
3,768.00
Tax Certs (3) to Heritage Title Company, Inc.
41.50
Del 11-3 to Heritage Tide Company, Inc,.
75.00
Sub Totals
251,647.53
4,113,720.85
Proceeds Due Seller
3,862,073.32
Totals
4,113,720.85
4,113,720.85
Seller(s):
Greeley Lan ' • d, LLC, a C . , . . o limited liability company
by Dab II, LLC. Manager of Greeley Land fund, LLC. by David
Forbes, Manager
Settlement Agent:
-HERITAGE TITLE COMPANI'r INC.
Listing Agent:
Date
Realtec Commercial Real Estate Dale
Well have carefully reviewed the Settlement Statement and find It to be a true and accurate statement of all receipts and
disbursements made on my account or by me in this transaction and further certify that I have received a copy of the Settlement
Statement Well authorize HERITAGE TITLE COMPANY, INC. to cause the funds to be disbursed In accordance with this statement.
Printed by Lindy Miner on 7/13/2021 - 8:29:49AM Page 1 of 1
ALTAINSPS LAND TITLE SURVEY
ALTA/NSPS LAND TITLE SURVEY
A PARCEL OF LAND
BEING A PART OF THE SOUTH HALF OF SECTION 3D, TOWNSHIP 6 NORTH, RANGE 65 WEST OF THE 6TH P.M.,
CITY OF GREELEY, COUNTY OF WELD, STATE OF COLORADO
(1417 0 STREET}
NESCRIPTIOS
npvr<I of land Snag aper of, Sm:lla'f;il0:1Sansa lam' (3717 Tonne Nanhcnv:, Re inn, e Null -- S n
COYPI NCINGt R:5,ur:hew Cover 7r said Salon 50 and anosens ens Se a0linecane salaae 'Sarno :° ,:a.1 33 a. dna, di
3 veto isnitiltiu.dllvdiCrmnh'R,ad:415 NNEO.t O1he of!.OO1::K doe beipgu J ,°lanai,Nerth ?vacs, This-n.nlna'wa
renod lm rae: 1.1502 ae Raman Ta ]89J38b or,n, Raey-, 21002 Caen,
THENCF Snub 87, Me. West along LS0 Mon rteia-u d,,,,,,,.113 73.3, 0,,.!ma :r: f assr
s seen.as tliesn ei en a w, .anal ar;k 7aa 1.0 N. a Region Yc2.204E 1..C.a.1so. Vrcld Coors. end, :1'OSTO
EEGf1TTNG
-3 H- -Sean, 04`22;1- :,iO 73Pg' Wy Liu cf amid -0'S too a2isence o 119,n9Oa:
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el -Tam Tan i 303 a 3 ae.eto Ls Los, ,I,,2M..11 .Jva.a 15.sea3.84,4t en as Goner Quarto ticoLcr of said Senior 90:
17-5C.N. Keret 8131532, analog ilice dead5.Cla dtltanie n31.745,3 Oa sn e - - r:ar_d - Fa.
p H„sdiml PLNS am,. or�I.aF,aiJ'3 ad:saanra ail.<5f<a to amaPOLYTOFOLGPNII+G.
Smi
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ALTNNSPS LAND TITLE SURVEY
ALTAINSPS LAND TITLE SURVEY
ALTA/NSPS LAND TITLE SURVEY
A PARCEL OF LAND
BEING A PART OF THE SOUTH HALF OF SECTION 30, TOWNSHIP 6 NORTH,
RANGE 65 WEST OF THE 6TH P.M., CITY OF GREELEY,
COUNTY OF WELD; STATE OF COLORADO
(1417 O STREET)
NORTH
LINE LEGEND
FEWS
8:1
9999 mmathelpro.
Cal.1.�w .�.n.
-
eoolOold
SYMBOL LEGEND
e:991,,0
L rvlE 9993,
0' C OF NF NI) 4F)) FL" NEC)1.11)
REG. NO. 311(725)
O'NNER: HUNCEN3ERG CROLr FAFM5 L_Lr
PARCEL ND 060330200L'19
,N5;45'iL.T5Y.Ff65Mi T
„ FOJNDYBREBAR:WITH
LG 123,4 2004'
V MONUMENT SOX
DETAIL
1
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Celle= 32'20'43'
R.20 CY L.31°'
I
DIr-� 4.029w.E�"a
220'F` 1172 13' / 2. C `.
cF_9999 �'[ 1
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CREELEY
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5 r. -yea 377.w �2]e,00
ro 9090 NLIMAIPIr- 5 2
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LOT C or R[ NO. 33R).53-1-20031-0111
OWNER OJECENBERF GROVY FORMS III P
PARCEL M13. 0Z03392]W19
385,4026E 19525'. _ __
9 CI'Y OFtl:
GpE-Lw',
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SUE'JECT PROPERTY
447,145
102.78/acres 7
I
633'2_ ry_I
ex/ACL .0. 0903%000]63,
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ALTA/NSPS LAND TITLE SURVEY
54,583
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012 Sheets
ALTAINSPS LAND TITLE SURVEY
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