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HomeMy WebLinkAbout770459.tiff c ' OQ4- Recorded at. - a o'clock_/3 M., FE.B....1..V-..197 O.2 !.7® Reception No girl .t 27 MARY ANN F TEIN Recorder. ��n I1 THIS DEED, Made this 18th day of February , 19 77 a between Adolph Schafer and Nettie Schafer, husband and wife, 513 35th Avenue, Greeley, CO 80631 of the C 2 County of Weld and State of Colorado, of the first part, and c� The County of Weld, a body corporate and politic tH c--1 of the County of Weld and State of Colorado,of the second part: n WITNESSETH, That the said parties of the first part,for and in consideration of the sum of �'`= TEN AND NO/100 DOLLARS o to the said part ies of the first part in hand paid by said party of the second part, the receipt whereof is `,Z hereby confessed and acknowledged, have granted, bargained,sold and conveyed,and by these presents do grant, bargain, sell, convey and confirm, unto the said part y of the second part, its heirs and assigns for- ever, all the following described lot or parcel of land,situate,lying and being in the County of Weld and State of Colorado, to wit: c1a Lot 9, in Block 2, Burger and Fry's Subdivision, being a subdivision of a part t--, of Lot Four of the Southeast Quarter of the Northeast Quarter of Section Five, w Township Five, N. , Range Sixty-five West of the Sixth Principal Meridian, t..... according to the subdivision of lands by the Union Colony of Colorado, Weld County, Colorado. t TOGETHER with all and singular the hereditamenta and appurtenances thereto belonging, or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof, and all the estate, right, title, interest, claim and demand whatsoever of the said part ies 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 party of the second part, its heirs and assigns forever. And the said part ies of the first part, for them selves heirs, executors, and administrators, do covenant, grant,bargain,and agree to and with the said party of the second part, its heirs and assigns, that at the time of the ensealing and delivery of these presents, are well seized of the premises above conveyed, as of good, sure, perfect, absolute and indefeasible estate of inheritance, in law, in fee simple,and ha ve good right, full power and lawful authority to grant, bargain, sell and convey the same in manner and form as aforesaid, and that the same are free and clear from all former and other grants, bargains, sales, liens, taxes, assessments and encumbrances of whatever kind or naturesoever. Subject to easements, rights of way, restrictions and reservations as now established of record and 1977 taxes payable in 1978. and the above bargained premises in the quiet and peaceable possession of the said part y of the second part, its heirs and assigns against all and every person or persons lawfully claiming or to claim the whole or any p eW f,the said part ies of the first part shall and will WARRANT AND FOREVER DEFEND. \ � 8 aOW)=IEREOF,the said part ies of the first part have hereunto set their hand s ae$I S 'theyday and year first above written. .-a ,..2/ 'S1....F7!% '+ (SEAL) i'GPOG ' Adolph `v (SEAL) cfia er (SEAL) STATE OF COLORADO, Countyaf weld les. The foregoing instrument was acknowledged before this 18th day of February 19 77 ,by Adolph Schafer and Nettie Scha er , . sband and wife My commission expires /�4 /O 4 ,197f . • d f 'dal seal. ----�-' ----......._ota y Public. Publie. No.932. WARRANTY'DEED—For Photographic Iteeerd.—Bradford Publishing Co.,1814-44 Stout Street,Doer,Colorado —11.75 en O. {$ bi / k f'-' H. • g. » Q } / • 5 \ , ® _ ® ° ) m I / / / ( . ! L. kPO 7 . � � co0P0 k \ ( \ \/ N _44® f -4 § \ \ \ 0 % ; ' ( \ ; ■ , a i NI / « • :^ o * I 7 . \ m ` .k. ' Cli ! , ! \ \ c u { ! 0 . 0 c . % • GREELEY URBAN RENEWAL AUTHORITY CONTRACT OF PURCHASE The GREELEY URBAN RENEWAL AUTHORITY, a body corporate and politic of the State of Colorado, hereinafter called the "Authority" agrees to purchase and Adolph Schafer and Nettie Schafer hereinafter called "Owner" or "Owner-Occupant," agrees to sell the following described real property situated in the City of Greeley, County of Weld, . State of Colorado: Lot 9, Block 2, Burger and Fry's Subdivision, being a subdivision of a part of Lot Four of the Southeast Quarter of the Northeast Quarter of Section Five, Township Five, N. , Range Sixty-five West of the Sixth Principal Meridian, according to the subdivision of lands by the Union Colony of Colo- rado, weld County, Colorado. together with all fixtures and appurtenances, including, but not limited to, all cooling, heating, lighting, plumbing and air conditioning equipment, and • fixtures located thereon or in, and all shelving and partitions attached to the real estate, unless specifically excepted herein, Parcel No. upon the following terms and conditions: • • 1. The total purchase price to be paid by the Authority for said property, including all improvements and fixtures located thereon, shall be the sum of FOUR THOUSAND SIX HUNDRED AND NO/100 Dollars ($ 4,600.00 -) , less the adjustments thereto,, hereinafter specifically set forth. 2. The Owner agrees to deliver to the Authority within five (5) days from the date of this Contract, evidence of title in the form of a title insurance policy or an abstract of title not certified to date. Thereupon, the Authority shall order a Commitment for Title Insurance Policy to be issued by a title insurance company selected by the Authority. In the event the commitment for title insurance does not show that Owner has a good and merchantable fee simple title to said premises or shows outstanding liens against or encumbrances upon the property, or in the event said commitment or other investigation shows rights of parties in possession other than those listed in Paragraph 8 hereof, the Authority may, at its option, satisfy such liens or encumbrances, or 'acquire the rights to possession, and subtract from the amount to be paid to the Owner the amount of any consideration paid on account thereof. If Owner is unable to show merchantable title in himself, Owner shall, at the option of the Authority, convey to the Authority such title as he has, and the purchase price shall be abated in an amount equal to the cost to the Authority of whatever curative action is deemed by the Authority to be necessary. 3. On or before February 18, 1977 , Owner agrees to execute and deliver to the Authority a good and sufficient General Warranty Deed conveying the proper free and clear of all liens and encumbrances, except existing rights-of-way, easements, reservations, liens of the Northern Colorado Water Conservancy district and liens of the current years'. taxes. Upon delivery of said Deed, the Authority agrees to deliver or mail a check payable to Owner in the amount of the purchase price for said property, less lien encumbrances, unpaid taxes, pro-rated rents, and water rents, when the title company has notified the Authority that its requirements have been satisfic and that no intervening instruments affecting title to said property appear of record subsequent to date of title commitment and prior to recording of Deed fron Owner to the Authority. General property taxes for 1977 (based on amount of the previous year's taxes or as assessed) , rents, water rents, and currect assessments, if any, shall be apportioned to the date of vesting title in the Authority or the effective • • date of possession of such real property by the Authority, whichever is earlier. All special improvement taxes which are a lien against said property • as of the date of delivery of said Deed shall be paid by the Owner. 4. When rents have been collected by the Owner for a period after the ' date of vesting title in the Authority or the effective date of possession of such real property by the Authority, whichever is earlier, such pro-rated rent shall be paid to the Authority or deducted from the purchase price at final settlement. 5. Loss or damage to the property from any cause including fire, vandalism, • or casualty, from November 17, 1976 , the date of the Authority's appraise until the Deed from the Owner to the Authority, has been recorded, shall be at the risk of the Owner. 6. Possession of said property shall be delivered to the Authority simul- taneously with delivery of the Deed. The Owner shall deliver possession free and clear of all possessory rights of all parties, and shall vacate said premises on or before the closing date, provided that if the Owner or tenant enters into a new lease with Greeley Urban Renewal Authority, such owner or tenant may continue in possession in accordance with the terms of said lease. 7. It is agreed that time is of the essence, and all covenants and agreement herein contained shall be binding upon and shall inure to the benefit of the heirs, executors, administrators, personal representatives, successors, and . assigns of the parties. 8. Owner represents that the undersigned are the sole owners of the fee simple title to said premises and that no parts of said premises are occupied by tenants or others except as listed on the attached Exhibit A who occupy as tenants for terms expiring as shown in Exhibit A. The Owner agrees to allow a representative of the Authority to inspect the property and to determine the status of the parties in possession. • 9. If the Owner by deed or otherwise is unable to convey good and merchan— ' table title free and clear of any interest, then notwithstanding any provision hereof to the contrary, the Authority may, in lieu of completing the purchase of the property at any time prior to closing, proceed to acquire the property by condemnation. In that event, the Owner agrees that this Contract shall continue in full force and effect until the conclusion of the condemnation case. The Owner further agrees to enter into a written stipulation to be filed in the court records, the terms of which shall be that the purchase price above stated is the fair market 'value of the subject property, inclusive of every interest therein. 10. When executed by the parties, this Agreement shall be specifically enforceable by any court of competent jurisdiction. 11. This Contract shall fulfill the requirement in the Authority's Land Acquisition Policy Statement for notice to Owner of the date upon which possession will be required by the Authority. The Owner acknowledges that he was not required to agree to a date less than 90 days after the date of execution of this Contract and'that, if the date in Section 3 hereof is less than said period, that date is mutually agreed to. IN WI E WHEREOF, the parties have hereunto subscribed their names this AL. day of . thIg,e-/ , 19" . Adolph Schafer k A9a-/z '� Nettie Schafer GREELEY URBAN RENEWAL AUTHORITY ATTEST: By C.• °-1_ Chairman Chairman Sec a ary Page Two • • • RESOLUTION NO. 57 • (Series 1975) RESOLUTION ESTABLISHING FAIR MARKET VALUES WHEREAS, the Greeley Urban Renewal Authority (the "Authority") has decided to acquire the land and structures on nine parcels of real estate; WHEREAS, the Authority has caused said structures and land to be appraised in accordance with the guidelines and standards established by the Department of Housing and Urban Development, and WHEREAS, the individual members of the Authority have considered the appraisals, and have been appraised that the written appraisals have in turn been reviewed by the Review Appraiser; NOW, THEREFORE, BE IT RESOLVED BY THE GREELEY URBAN RENEWAL AUTHORITY: 1. That the legal descriptions of the properties from which the structures and land are being purchased are: a. Block Two, Lot 4, Burger and Fry's Subdivision, Weld County, Colorado. b. Block Two, Lot 9, Burger and Fry's Subdivision, Weld County, Colorado. c. Block One, Lot 5, Burger and Fry's Subdivision, Weld County, Colorado. d. Block Two, Lot 11, Burger and Fry's Subdivision, Weld County, Colorado. e. Block One, Lots 9 and 10, Burger and Fry's Subdivision, Weld County, Colorado. f. Block Two, Lot 1, Burger and Fry's Subdivision, Weld County, • Colorado. g. Block Two, Lot 12, Burger and Fry's Subdivision, Weld County, Colorado. h. West 30' of the East 80' of Lot 4, Block 1, Billings and Sylvester Subdivision, Greeley, Weld County, Colorado. 2. Based upon deeds and other instruments recorded in the Weld County records, and upon all other documents which have been brought to the attention of the Authority, it appears that the above-mentioned properties are designated on the records of the Authority and owned by: a. Lloyd Whitledge and Larry Stevens, Block Two, Lot 4. b. Adolph and Nettie Schafer, Block Two, Lot 9. c. Bobby Pearson, Block One, Lot 5. d. Joe Maldonado, Block Two, Lot 11. e. Concepcion Mendoza, Block One, Lots 9 and 10. f. Albert and Grace Quintana, Block Two, Lot 1. g. Arron C. and Agapito Barrera, Jr. , Block Two, Lot 12. h. Mary Gonzales, W30' of the E80' , Block One, Lot 4. 3. The above-named owner or owners of the properties appear to own fee simple title to the property. 4. The fair market values of the properties and improvements are: a. $2,500.00. • b. $4,600.00. c. $2,500.00. d. $750.00. e. $2,800.00. f. $2,500.00. q. $2,000.00. h. $5,500.00. • • 5. It appears to the Authority, based upon all matters brought to the attention of the members thereof, the appraisers who rendered the written appraisals upon which this determination of fair market values have been made, and the Review Appraiser who reviewed those written appraisals, are competent, and the appraisals and the review of those appraisals appear to have been done in accordance with applicable state and federal law and in accordance with the policies and requirements of the Department of Housing and Urban Develop- ment. PASSED AND ADOPTED THIS 91 DAY OF DECEMBER, 1976. GREELEY URBAN RENEWAL AUTHORITY C.. CZ, /.4--e-t-t- Chairman • ATTEST: Secretar Hello