HomeMy WebLinkAbout20160520.tiff UNIFIED TITLE COMPANY OF NORTHERN COLORADO, LLC
1275 58th Avenue,Unit C
Greeley,CO 80634
Phone: 970-356-3551 Fax: 970-356-2063
January 08,2016
County of Weld, a body corporate and politic of the State of Colorado
bchoate@weldgov.com
PROPERTY ADDRESS: 23769 County Road 49,La Salle, CO 80645
ORDER NO:1002 1UTG
DEAR CUSTOMER:
ENCLOSED IS YOUR POLICY OF TITLE INSURANCE. THIS POLICY CONTAINS IMPORTANT
INFORMATION ABOUT THE REAL ESTATE TRANSACTION YOU HAVE JUST COMPLETED
AND IS YOUR GUARANTEE OF OWNERSHIP. PLEASE READ IT CAREFULLY AND RETAIN IT
WITH YOUR OTHER VALUABLE PAPERS.
A COMPLETE AND PERMANENT FILE OF THE RECORDS CONCERNING YOUR TRANSACTION
WILL BE MAINTAINED IN OUR OFFICE. THESE RECORDS WILL ASSURE PROMPT
PROCESSING OF FUTURE TITLE ORDERS AND SAVE MUCH VALUABLE TIME SHOULD YOU
WISH TO SELL OR OBTAIN A LOAN ON YOUR PROPERTY. VISIT OR CALL OUR OFFICE AND
SIMPLY GIVE US YOUR PERSONAL POLICY FILE NUMBER SHOWN ABOVE.
WE APPRECIATE THE OPPORTUNITY TO SERVE YOU AND WILL BE HAPPY TO ASSIST YOU
IN ANY WAY WITH YOUR FUTURE TITLE SERVICE NEEDS.
SINCERELY,
UNIFIED TITLE COMPANY OF NORTHERN COLORADO, LLC
2016-0520
C ) p2 0051-1
POLICY NO. OP-3-4148895
WESTCOR
LAND TiTLE INSURANCE COMPANY
ALTA RESIDENTIAL TITLE INSURANCE POLICY
ONE-TO-FOUR FAMILY RESIDENCES (6-1-87)
ISSUED BY
WESTCOR LAND TITLE INSURANCE COMPANY
OWNER'S INFORMATION SHEET
Your Title Insurance Policy is a legal contract between you and Westcor Land Title Insurance Company.
It applies only to a one-to-four family residential lot or condominium unit. If your land is not either of these, contact us
immediately.
The Policy insures you against certain risks to your land title. These risks are listed on page one of the Policy. The Policy is
limited by:
• Exclusions on page 2
• Exceptions on Schedule B
• Conditions on page 3
You should keep the Policy even if you transfer the title to your land.
If you want to make a claim,see Item 3 under Conditions on page 3.
You do not owe any more premiums for the Policy.
This sheet is not your insurance Policy. It is only a brief outline of some of the important Policy features. The Policy explains in
detail your rights and obligations and our rights and obligations. Since the Policy--and not this sheet--is the legal document,YOU
SHOULD READ THE POLICY VERY CAREFULLY.
If you have any questions about your Policy,contact:
Westcor Land Title Insurance Company
875 Concourse Parkway South, Suite 200, Maitland, FL 32751
IN WITNESS WHEREOF, WESTCOR LAND TITLE INSURANCE COMPANY has caused this policy to be signed and
sealed as of the Date of Policy shown in Schedule A.
WESTCOR LAND TITLE INSURANCE COMPANY
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TABLE OF CONTENTS mortgage loan.
12. You are forced to remove your existing structure—other than
OWNER'S INFORMATION SHEET 1 a boundary wall or fence—because:
COVERED TITLE RISKS 2 • it extends on to adjoining land or on to any easement
COMPANY'S DUTY TO DEFEND AGAINST COURT • it violates a restriction shown in Schedule B
CASES 2 • it violates an existing zoning law
SCHEDULE
D EA
insert
13. You cannot use the land because use as a
Policy Number,Date and Amount residence violates a restriction shown in Schedule B or an
1. Name of Insured existing zoning law.
2. Interest in Land Covered 14. Other defects,liens,or encumbrances
3. Description of the Land
SCHEDULE B-EXCEPTIONS insert EXCLUSIONS
EXCLUSIONS 2
CONDITIONS 3 In addition to the Exceptions in Schedule B,you are not insured
1.Definitions 3 against loss,costs,attorneys' fees,and expenses resulting from:
2.Continuation of Coverage 3
3.How to Make a Claim 3 1. Governmental police power,and the existence or violation of
4.Our Choices When You Notify Us of a Claim 3 any law or government regulation.This includes building and
5.Handling a Claim or Court Case 3 zoning ordinances and also laws and regulations concerning:
6.Limitation of the Company's Liability 3 • land use
7.Transfer of Your Rights 3 • improvements on the land
8.Arbitration 4 • land division
9.Our Liability is Limited to This Policy 4 • environmental protection
OWNER'S COVERAGE STATEMENT This exclusion does not apply to violations or the enforcement of
these matters which appear in the public records at Policy Date.
This policy insures your title to the land described in Schedule
A--if that land is a one-to-four family residential lot or This exclusion does not limit the zoning coverage described in
condominium unit. Items 12 and 13 of Covered Title Risks.
Your insurance, as described in this Coverage Statement, is 2. The right to take the land by condemning it unless:
effective on the Policy Date shown in Schedule A. • a notice of exercising the right appears in the public
records on the Policy Date
Your insurance is limited by the following: • the taking happened prior to the Policy Date and is
binding on you if you bought the land without knowing of
• Exclusions on page 2 the taking
• Exceptions in Schedule B 3. Title Risks:
• Conditions on page 3 • that are created,allowed,or agreed to by you
We insure you against actual loss resulting from: • that are known to you, but not to us, on the Policy
• any title risks covered by this Policy--up to the Policy Date—unless they appeared in the public records
Amount and • that result in no loss to you
• any costs, attorneys ' fees and expenses we have to pay • that first affect your title after the Policy Date—this
under this Policy does not limit the labor and material lien coverage in Item
8 of Covered Title Risks
COVERED TITLE RISKS
4. Failure to pay value for your title.
This Policy covers the following title risks,if they affect your title
on the Policy Date. 5. Lack of a right:
• to any land outside the area specifically described
1. Someone else owns an interest in your title. and referred to in Item 3 of Schedule A;or
2. A document is not properly signed, sealed, acknowledged, or • in streets,alleys,or waterways that touch your land
delivered.
3. Forgery, fraud, duress, incompetency, incapacity or This exclusion does not limit the access coverage in Item 5 of
impersonation Covered Title Risks.
4. Defective recording of any document.
5. You do not have any legal right of access to and from the land. COMPANY'S DUTY TO DEFEND
6. There are restrictive covenants limiting your use of the land. AGAINST COURT CASES
7. There is a lien on your title because of:
• a mortgage or deed of trust We will defend your title in any court case as to that part of the
• a judgment,tax,or special assessment case that is based on a Covered Title Risk insured against by this
• a charge by a homeowner's or condominium association Policy. We will pay the costs, attorneys' fees, and expenses we
8. There are liens on your title,arising now or later, for labor and incur in that defense.
material furnished before the Policy Date--unless you agreed
to pay for the labor and material. We can end this duty to defend your title by exercising any of our
9. Others have rights arising out of leases,contracts or options. options listed in Item 4 of the Conditions.
10.Someone else has an easement on your land.
11. Your title is unmarketable,which allows another person This policy is not complete without Schedules A and B.
to refuse to perform a contract to purchase,to lease or to make
CONDITIONS
1.DEFINITIONS We may require you to answer questions under oath.
a.Easement —the right of someone else to use your land for a
special purpose. Our obligation to you could be reduced if you fail or refuse to:
b.Land —the land or condominium unit described in Schedule • provide a statement of loss;or
A and any improvements on the land which are real property. • answer our questions under oath;or
c.Mortgage — a mortgage, deed of trust, trust deed or other • show us the papers we request,and
security instrument. • your failure or refusal affects our ability to dispose of
d.Public Records—title records that give constructive notice of or to defend you against the claim.
matters affecting your title —according to the state statutes
where your land is located. 4.OUR CHOICES WHEN YOU NOTIFY US OF A CLAIM
e.Title—the ownership of your interest in the land,as shown in After we receive your claim notice or in any other way learn of
Schedule A. a matter for which we are liable, we can do one or more of the
following:
2.CONTINUATION OF COVERAGE a.Pay the claim against your title.
This Policy protects you as long as you: b.Negotiate a settlement.
• own your title;or c.Prosecute or defend a court case related to the claim.
• own a mortgage from anyone who buys your land; or d.Pay you the amount required by this Policy.
are liable for any title warranties you make e.Take other action which will protect you.
f. Cancel this policy by paying the Policy Amount, then in
This Policy protects anyone who receives your title because of force, and only those costs, attorneys ' fees and expenses
your death. incurred up to that time which we are obligated to pay.
3.HOW TO MAKE A CLAIM 5.HANDLING A CLAIM OR COURT CASE
a.You Must Give The Company Notice Of Your Claim You must cooperate with us in handling any claim or court case
If anyone claims a right against your insured title,you must and give us all relevant information.
notify us promptly in writing. Send the notice to:
Westcor Land Title Insurance Company, Attn: Claims We are required to repay you only for those settlement costs
Department, 201 N. New York Avenue, Ste. 200, Winter attorneys' fees and expenses that we approve in advance.
Park, FL 32789. Please include the Policy number shown in
Schedule A and the county and state where the land is When we defend your title, we have a right ht to choose the
located. attorney.
Our obligation to you could be reduced if: We can appeal any decision to the highest court. We do not
• you fail to give prompt notice;and have to pay your claim until your case is finally decided.
• your failure affects our ability to dispose of or to
defend you against the claim. 6.LIMITATION OF THE COMPANY'S LIABILITY
b.Proof Of Your Loss Must Be Given To The Company a.We will pay up to your actual loss or the Policy Amount in
You must give us a written statement to prove your claim of force when the claim is made—whichever is less.
loss. This statement must be given to us not later than 90 b.If we remove the claim against your title within a reasonable
days after you know the facts which will let you establish the time after receiving notice of it, we will have no further
amount of your loss. liability for it.If you cannot use any of your land because of a
claim against your title, and you rent reasonable substitute
The statement must have the following facts: land or facilities,we will repay you for your actual rent until:
• the Covered Title Risks which resulted in your loss • the cause of the claim is removed;or
• the dollar amount of your loss • we settle your claim
• the method you used to compute the amount of your loss c.The Policy Amount will be reduced by all payments made
under this policy—except for costs,attorneys ' fees and
You may want to provide us with an appraisal of your loss by a expenses.
professional appraiser as a part of your statement of loss. d.The Policy Amount will be reduced by any amount we pay to
our insured holder of any mortgage shown in this Policy or a
We may require you to show us your records, checks, letters, later mortgage given by you.
contracts,and other papers which relate to your claim of loss. e.If you do anything to affect any right of recovery you may
We may make copies of these papers. have,we can subtract from our liability the amount by which
you reduced the value of that right.
7.TRANSFER OF YOUR RIGHTS
When we settle a claim, we have all the rights you had against
any person or property related to the claim. You must transfer
these rights to us when we ask,and you must not do anything to
affect these rights. You must let us use your name in enforcing
these rights.
We will not be liable to you if we do not pursue these rights or
if we do not recover any amount that might be recoverable.
With the money we recover from enforcing these rights,we will
pay whatever part of your loss we have not paid. We have a
right to keep what is left.
8.ARBITRATION
If it is permitted in your state,you or the Company may demand
arbitration.
The arbitration shall be binding on both you and the Company.
The arbitration shall decide any matter in dispute between you
and the Company.
The arbitration award may:
• include attorneys' fees if allowed by state law
• be entered as a judgment in the proper court.
The arbitration shall be under the Title Insurance Arbitration
Rules of the American Arbitration Association. You may
choose current Rules or Rules in existence on Policy Date.
The law used in the arbitration is the law of the place where the
property is located.
You can get a copy of the Rules from the Company.
9.OUR LIABILITY IS LIMITED TO THIS POLICY
This Policy, plus any endorsements, is the entire contract
between you and the Company.Any claim you make against us
must be made under this Policy and is subject to its terms.
PLAIN LANGUAGE OWNER'S POLICY OF TITLE INSURANCE
Issued by
Westcor Land Title Insurance Company
SCHEDULE A
Name and Address of Title Insurance Company:
WESTCOR LAND TITLE INSURANCE COMPANY
2000 S.Colorado Blvd.
#1-3100,Denver,Colorado 80222
File No.: 10021UTG Policy No.: OP-3-4148895
Address Reference: 23769 County Road 49,La Salle,CO 80645
Amount of Insurance: $350,000.00
Date of Policy: December 10,2015 at the exact time of recording.
1. Name of Insured:
County of Weld,a body corporate and politic of the State of Colorado
2. The estate or interest in the Land that is insured by this policy is:
Fee Simple
3. Title is vested in:
County of Weld,a body corporate and politic of the State of Colorado
4. The Land referred to in this policy is described as follows:
Lot A of Recorded Exemption No. 1055-01-1-RE 2035,recorded June 20, 1997 in Book 1612 at Reception No.
2554136.being a part of the North 1/2 of the Northeast 1/4 of Section 1,Township 4 North,Range 65 West of the 6th
P.M.,County of Weld,State of Colorado.
Countersigned
Unified Title Company of Northern Colorado,
LLC
13y. J
Authorized Officer or Agent
Note:This policy consists of insert pages labeled Schedule A and B.This policy is of no force and effect unless all pages are included
along with any added pages incorporated by reference.
ALTA Plain Language Owner's Policy(6-17-06) Page 1
Schedule A
Policy No.: OP-3-4148895
Note:This policy consists of insert pages labeled Schedule A and B.This policy is of no force and effect unless all pages are included
along with any added pages incorporated by reference.
ALTA Plain Language Owner's Policy(6-17-06) Page 2
Schedule A
PLAIN LANGUAGE OWNER'S POLICY OF TITLE INSURANCE
Issued by
Westcor Land Title Insurance Company
SCHEDULE B
File No.: 10021UTG Policy No.: OP-3-4148895
EXCEPTIONS FROM COVERAGE
This policy does not insure against loss or damage,and the Company will not pay costs,attorneys'fees,or expenses that arise by
reason of:
1. Unpatented mining claims;reservations or exceptions in patents or in Acts authorizing the issuance thereof.
2. Any water rights or claims or title to water,in or under the land,whether or not shown by the public records.
3. Taxes and assessments for the year 2015,and subsequent years,a lien not yet due and payable.
4. Mineral reservations as set forth in the Patent from the United States of America to the Union Pacific Railway
Company recorded as follows: "Excluding and excepting from the transfer by these presents All Mineral Lands
should any such be found to exist in the tracts described exception,according to the terms of the Statute,shall not be
construed to include coal and iron land".
5. Right of way for a public highway granted to Weld County,Colorado in Deed recorded June 7, 1939 in Book 1046 at
Page 30.
6. Oil and gas lease between Ruben Schissler and Dale L.Schissler and Buckeye Energy Corporation recorded July 17,
1981 at Reception No. 1863652 in Book 942,and any interests therein or rights thereunder.
7. Easement(s)and rights of way including its terms and conditions for a pipe line and incidental purposes,as granted to
Panhandle Eastern Pipe Line Company in instrument recorded December 14, 1983 at Reception No. 1950015 in Book
1015.
8. Easement(s)and rights of way including its terms and conditions for a pipeline or pipelines and incidental purposes,as
granted to Natural Gas Associates in instrument recorded January 19,1984 at Reception No. 1953538 in Book 1018.
9. Notice of general description of area serviced by Panhandle Eastern Pipe Line Company concerning underground
facilities recorded June 26,1986 in Book 1117 at Reception No.2058722.
10. Notes,right of way for Weld County Road 49 and all other matters as shown on the map of Recorded Exemption No.
1055-01-1-RE 2035,recorded June 20, 1997 at Reception No.2554136 in Book 1612.
11. Easement(s)and rights of way including its terms and conditions for irrigation and incidental purposes,as granted to
Michael B.Smith in instrument recorded June 26, 1997 at Reception No.2555097 in Book 1613.
12. Request For Notification,excecuted by Prima Oil&Gas Company,recorded April 1,2002 at Reception No.2938204.
13. Mineral reservations made by Ruben Schissler and Ruby B.Schissler,as described in Warranty Deed recorded
March 17,2004 at Reception No.3162369,and any interests therein or rights thereunder.
14. Easement(s)and rights of way including its terms and conditions for an electric line or system and incidental purposes,
as granted to Poudre Valley Rural Electric Association in instrument recorded September 7,2004 at Reception No.
3216408.
Note: This policy consists of insert pages labeled Schedule A and B.This policy is of no force and effect unless all pages are included
along with any added pages incorporated by reference.
ALTA Plain Language Owner's Policy(6-17-06) Page 3
Schedule B g
Anti-Fraud Statement
NOTE: Pursuant to CRS 10-1-128(6)(a), It is unlawful to knowingly provide false,
incomplete, or misleading facts or information to an insurance company for the purpose of
defrauding or attempting to defraud the company. Penalties may include imprisonment,
fines, denial of insurance and civil damages.Any insurance company or agent of an
insurance company who knowingly provides false, incomplete, or misleading facts or
information to a policyholder or claimant for the purpose of defrauding or attempting to
defraud the policyholder or claimant with regard to a settlement or award payable from
insurance proceeds shall be reported to the Colorado division of insurance within the
department of regulatory agencies.
This anti-fraud statement is affixed to and made a part of this policy.
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