HomeMy WebLinkAboutTitle Insurance COMMITMENT FOR TITLE INSURANCE T-7
ISSUED BY
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
SCHEDULE A
Effective Date: June 9,2014,07:00 am GF No.31423
Commitment issued June 17,2014,08:30 am
1. The policy or policies to be issued are:
a. OWNER'S POLICY OF TITLE INSURANCE(Form T-1)
(Not applicable for improved one-to-four family residential real estate)
Policy Amount:$1,250,000.00
PROPOSED INSURED: David Scarmardo
b. TEXAS RESIDENTIAL OWNER'S POLICY OF TITLE INSURANCE
ONE-TO-FOUR FAMILY RESIDENCES(Form T-1R)
Policy Amount:
PROPOSED INSURED:
c. LOAN POLICY OF TITLE INSURANCE(Form T-2)
Policy Amount:
PROPOSED INSURED:
Proposed Borrower:
d. TEXAS SHORT FORM RESIDENTIAL LOAN POLICY OF TITLE INSURANCE(Form T-2R)
Policy Amount:
PROPOSED INSURED:
Proposed Borrower:
e. LOAN TITLE POLICY BINDER ON INTERIM CONSTRUCTION LOAN(Form T-13)
Binder Amount:
PROPOSED INSURED:
Proposed Borrower:
f. OTHER
Policy Amount:
PROPOSED INSURED:
2. The interest in the land covered by this Commitment is:Fee Simple
3. Record title to the land on the Effective Date appears to be vested in:
Charles I.Turner and Mary E.Turner
4. Legal description of land:
SEE ATTACHED EXHIBIT "A"
Form T-7: Commitment for Title Insurance Page 1
Continuation of Schedule A GF No.31423
EXHIBIT "A"
Metes and bounds description of all that certain tract of land lying and being situated in the CRAWFORD BURNETT
LEAGUE,ABSTRACT No. 7,City of College Station,Brazos County,Texas. Said tract being the remainder of a called 22.97
acre tract as described by a Deed to Charles I. Turner and Mary E. Turner recorded in Volume 3331, page 61 of the Official
Public Records of Brazos County,Texas.
Said tract being more particularly described by metes and bounds as follows:
BEGINNING at a 1/2 inch iron rod found on the Northwest line of Rock Prairie Road marking the South corner of said
remainder of 22.97 acre tract and the East corner of a called 23.00 acre tract as described by a Deed to Henry P. Mayo and
wife,Sandra K.Mayo,recorded in Volume 1253,page 878 of the Official Public Records of Brazos County,Texas.
THENCE: N 47°44' 50" W along the common line of said remainder of 22.97 acre tract and said 23.00 acre tract,at 1592.89
feet pass a 1/2 inch iron rod found, continue on for a total distance of 1593.41 feet to the Southeast line of the remainder of a
called 108.88 acre tract as described by a Deed to Heath Phillips Investments, LLC recorded in Volume 9627, page 73 of the
Official Public Records of Brazos County, Texas, for reference a 1/2 inch iron rod found marking the South corner of said
remainder of 108.88 acre tract bears: S 41°21'39" W for a distance of 60.12 feet:
THENCE: N 41° 21' 39" E along the common line of said remainder of 22.97 acre tract and said remainder of 108.88 acre
tract for a distance of 741.33 feet to the Southwest line of the Barracks II Subdivision, Phase 101, according to the plat
recorded in Volume 11191,page 123 of the Official Public Records of Brazos County,Texas, for reference a 1/2 inch iron rod
found bears N 38°03' 26" E for a distance of 0.13 feet;
THENCE: S 49° 58' 35" E along the common line of said remainder of 22.97 acre tract and said Phase 101 for a distance of
562.09 feet to the Northwest line of Buena Vida Subdivision according to the plat recorded in Volume 10140, page 169 of the
Official Public Records of Brazos County,Texas,for reference a 1/2 inch iron rod found bears: N 00°39' 03"W for a distance
of 0.26 feet;
THENCE: S 41° 27' 23" W along the common line of said remainder of 22.97 acre tract and Buena Vida Subdivision for a
distance of 206.39 feet to a 1/2 inch iron rod found marking the most Westerly corner of Buena Vida Subdivision;
THENCE: S 47° 49' 48" E continuing along the common line of said remainder of 22.97 acre tract and Buena Vida
Subdivision for a distance of 721.01 feet to the North corner of a called 0.5693 acre tract as described by a Deed to Diamond T
Storage,LLC recorded in Volume 7009, page 255 of the Official Public Records of Brazos County,Texas, for reference a 1/2
inch iron rod found bears: S 42°20' 10" W for a distance of 0.45 feet;
THENCE: along the common line of said remainder of 22.97 acre tract and said 0.5693 acre tract for the following calls:
S 42°20' 10" W for a distance of 155.63 feet to a fence corner post found marking the West corner of said 0.5693 acre
tract;
S 47°49' 48" E for a distance of 159.95 feet to a 1/2 inch iron rod found marking the South corner of said 0.5693 acre
tract;
N 42°20' 10" E for a distance of 5.63 feet to a 1/2 inch iron rod set marking the West corner of a called 0.5506 acre
tract as described by said Deed to Diamond T Storage,LLC(7009/255);
THENCE: S 47° 49' 48" E along the common line of said remainder of 22.97 acre tract and said 0.5506 acre tract for a
distance of 160.52 feet to a 1/2 inch iron rod set on the Northwest line of Rock Prairie Road marking the South corner of said
0.5506 acre tract,for reference a 1/2 inch iron rod found on the Northwest line of Rock Prairie Road marking the East corner
of said 0.5506 acre tract bears: N 42°22' 16" E for a distance of 150.00 feet;
THENCE: S 42° 22' 16" W along the Northwest line of Rock Prairie Road for a distance of 408.23 feet to the POINT OF
BEGINNING containing 21.842 acres of land,more or less.
Form T-7: Commitment for Title Insurance Page 2
Continuation of Schedule A GF No.31423
Note: The Company is prohibited from insuring the area or quantity of the land described herein. Any statement in the above
legal description of the area of land is not a representation that such area or quantity is correct, but is made only for
informational and/or identification purposes and does not override Item No.2 of Schedule B.
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Form T-7: Commitment for Title Insurance Page 3
COMMITMENT FOR TITLE INSURANCE T-7
ISSUED BY
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
SCHEDULE B
EXCEPTIONS FROM COVERAGE
In addition to the Exclusions and Conditions and Stipulations, your Policy will not cover loss, costs, attorney's fees, and expenses
resulting from:
1.
exception):
2. Any discrepancies,conflicts,or shortages in area or boundary lines,or any encroachments or protrusions,or any overlapping
of improvements. Company has approved the current land title survey and upon request, and payment of any
promulgated premium,this item will be amended in the policy(ies)to be issued to read: 'shortages in area'.
3. Homestead or community property or survivorship rights, if any of any spouse of any insured. (Applies to the Owner's
Policy only.)
4. Any titles or rights asserted by anyone, including,but not limited to,persons, the public, corporations,governments or other
entities,
a. to tidelands,or lands comprising the shores or beds of navigable or perennial rivers and streams, lakes,bays,gulfs or
oceans,or
b. to lands beyond the line of the harbor or bulkhead lines as established or changed by any government,or
c. to filled-in lands,or artificial islands,or
d. to statutory water rights,including riparian rights,or
e. to the area extending from the line of mean low tide to the line of vegetation, or the rights of access to that area or
easement along and across that area.
(Applies to the Owner's Policy only.)
5. Standby fees,taxes and assessments by any taxing authority for the year 2013, and subsequent years; and subsequent taxes
and assessments by any taxing authority for prior years due to change in land usage or ownership, but not those taxes or
assessments for prior years because of an exemption granted to a previous owner of the property under Section 11.13, Texas
Tax Code, or because of improvements not assessed for a previous tax year. (If Texas Short Form Residential Loan Policy
of Title Insurance(T-2R) is issued,that policy will substitute"which become due and payable subsequent to Date of Policy"
in lieu of"for the year and subsequent years.")
6. The terms and conditions of the documents creating your interest in the land.
7. Materials furnished or labor performed in connection with planned construction before signing and delivering the lien
document described in Schedule A, if the land is part of the homestead of the owner. (Applies to the Loan Title Policy
Binder on Interim Construction Loan only, and may be deleted if satisfactory evidence is furnished to us before a binder is
issued.)
8. Liens and leases that affect the title to the land,but that are subordinate to the lien of the insured mortgage. (Applies to Loan
Policy(T-2)only.)
9. The Exceptions from Coverage and Express Insurance in Schedule B of the Texas Short Form Residential Loan Policy of
Title Insurance (T-2R). (Applies to Texas Short Form Residential Loan Policy of Title Insurance (T-2R) only.) Separate
exceptions 1 through 8 of this Schedule B do not apply to the Texas Short Form Residential Loan Policy of Title Insurance
(T-2R).
Form T-7: Commitment for Title Insurance Page 4
Continuation of Schedule B GF No.31423
10. The following matters and all terms of the documents creating or offering evidence of the matters(We must insert matters or
delete this exception.):
a. Sixteen foot (16') utility easement along Gandy Road (nka Rock Prairie Road) as shown on Final Plat of
Gandy Road recorded in Volume 352, page 555, Official Public Records of Brazos County, Texas, and as
shown on survey dated February 3,2014 prepared under the supervision of Brad Kerr,RPLS No.4502.
b. Aerial electric lines run from the south corner northwest along the property line, then branches out to the
various buildings,as shown on survey dated February 3,2014 prepared under the supervision of Brad Kerr,
RPLS No.4502.
c. Property is fenced and cross-fenced; however the perimeter fencing is not exactly on the property lines in
some places,as shown on survey dated February 3,2014 prepared under the supervision of Brad Kerr,RPLS
No. 4502.
d. This policy does not insure the title to,nor encumbrances against,the mobile homes or manufactured housing
units which are situated on the herein described land. (This exception to be deleted after acceptable evidence
as to the removal of the mobile home(s)from the property.)
e. Easement granted to the City of Bryan,Texas by W.E. Gandy, et ux as set out in instrument dated April 7,
1937, recorded in Volume 98, page 95 of the Deed Records of Brazos County,Texas,and as noted on survey
dated February 3,2014 prepared under the supervision of Brad Kerr,RPLS No.4502.
f. Easement granted to the City of Bryan, Texas by Patsy Graham d/b/a Palomino Enterprises as set out in
instrument dated June 2, 1983, recorded in Volume 589, page 635 of the Deed Records of Brazos County,
Texas,and as noted on survey dated February 3, 2014 prepared under the supervision of Brad Kerr, RPLS
No.4502.
g. Affidavit giving notice of on-site wastewater treatment system, executed by Charles Ivan Turner, dated
October 31,2003 recorded in Volume 5699,page 171 of the Official Public Records of Brazos County,Texas.
h. Mineral Reservation as set out in deed dated May 13,1983 from John C.Schmidt and wife,Suzanne Schmidt,
formerly Suzanne Wheeless to Patsy Graham d/b/a Palomino Enterprises,recorded in Volume 580,page 138,
Deed Records of Brazos County, Texas. Title to this interest not investigated subsequent to date of said
instrument.
i. Mineral Reservation as set out in deed dated November 30, 1998 from Patsy Graham nka Patsy Williamson
to Charles I. Turner and Mary E. Turner, recorded in Volume 3331, page 61, Official Public Records of
Brazos County,Texas.Title to this interest not investigated subsequent to date of said instrument.
j. Affidavit of Non-Production executed by Charles L. Turner and Mary E. Turner dated March 3,2014 and
recorded in Volume 11920,page 9,Official Public Records of Brazos County,Texas.
k. Rights of parties in possession.
Form T-7: Commitment for Title Insurance Page 5
COMMITMENT FOR TITLE INSURANCE T-7
ISSUED BY
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
SCHEDULE C
Your Policy will not cover loss, costs, attorneys' fees, and expenses resulting from the following requirements that will appear as
Exceptions in Schedule B of the Policy,unless you dispose of these matters to our satisfaction,before the date the Policy is issued:
1. Documents creating your title or interest must be approved by us and must be signed,notarized and filed for record,
2. Satisfactory evidence must be provided that:
a. no person occupying the land claims any interest in that land against the persons named in paragraph 3 of Schedule
A,
b. all standby fees,taxes,assessments and charges against the property have been paid,
c. all improvements or repairs to the property are completed and accepted by the owner, and that all contractors,
sub-contractors,laborers and suppliers have been fully paid, and that no mechanic's, laborer's or materialmen's liens
have attached to the property,
d. there is legal right of access to and from the land,
e. (on a Loan Policy only)restrictions have not been and will not be violated that affect the validity and priority of the
insured mortgage.
3. You must pay the seller or borrower the agreed amount for your property or interest.
4. Any defect, lien or other matter that may affect title to the land or interest insured, that arises or is filed after the effective
date of this Commitment.
5. We reserve the right to search buyer name in the real property records and make additional requirements, if any, in
the event that the contract for sale is assigned.
Countersigned
Aggieland Title Compan
Bye
WU&
Form T-7: Commitment for Title Insurance Page 6
COMMITMENT FOR TITLE INSURANCE T-7
SCHEDULE D
GF No.31423 Effective Date:June 9,2014,07:00 am
Pursuant to the requirements of Rule P-21,Basic Manual of Rules,Rates and Forms for the writing of Title Insurance in the State of
Texas,the following disclosures are made:
1. The following individuals are directors and/or officers,as indicated,of the Title Insurance Company issuing this Commitment
DIRECTORS OF OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
HARRINGTON BISCHOF DENNIS P.VAN MIEGHEM
JOHN M.DIXON JAMES A.KELLOGG
JAMES HELLAUER RANDE K.YEAGER
ARNOLD L. STEINER CHARLES F.TITTERTON
A.C.ZUCARO LEO E. KNIGHT,JR.
STEVE R. WALKER FREDERICKA TAUBITZ
OFFICERS OF OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
MARK BILBREY,President RANDE K.YEAGER,Chairman and CEO
GARY J.HORN,Executive Vice President MARK M.BUDZINSKI, Executive Vice President
R.WAYNE SHUPE,Executive Vice President PATRICK A.CONNOR,Executive Vice President
CHERYL JONES,Executive Vice President MIKE TARPEY, Vice President,Treasurer
CHARLES KOVALESKI,Executive Vice President ROBERT J.CHAPMAN,Executive Vice President
STEPHEN C.WILSON, Executive Vice President,Vice DANIEL M. WOLD, Sr. Vice President,Secretary,
Chairman General Council
JOHN A.MAGNESS,Executive Vice President
Shareholders owning,controlling or holding,either personally or beneficially, 10%or more of the shares of Old
Republic National Title Insurance Company as the last day of the year preceding the date herein above set forth are as follows:
Old Republic National Title Insurance Company-100%,a wholly owned subsidiary of Old Republic Title Insurance Group,
Inc.,a wholly owned subsidiary of Old Republic International Corporation.
2. The following disclosures are made by the Title Insurance Agent issuing this Commitment: Aggieland Title Company
Owners Directors Officers
Page D.Thornton Page D.Thornton Page D.Thornton,President,Secretary,Treasurer
J. Fred Bayliss Page D.Thornton,Office Manager
Tebbi S. Mayes,Office Co-Manager
3. You are entitled to receive advance disclosure of settlement charges in connection with the proposed transaction to which this
commitment relates. Upon your request, such disclosure will be made to you. Additionally, the name of any person, firm or
corporation receiving a portion of the premium from the settlement of this transaction will be disclosed on the closing or
settlement statement.
You are further advised that the estimated title premium*is:
Owner's Policy $7,001.00
Loan Policy $0.00
Endorsement Charges $0.00
Other $0.00
Total $7,001.00
Of this total amount: 15%will be paid to the policy issuing Title Insurance Company: 85%will be retained by the issuing Title
Insurance Agent;and the remainder of the estimated premium will be paid to other parties as follows:
Amount To Whom For Services
" 'The estimated premium is based upon information furnished to us as of the date of this Commitment for Title Insurance. Final
determination of the amount of the premium will be made at closing in accordance with the Rules and Regulations adopted by the
Commissioner of Insurance."
Form T-7: Commitment for Title Insurance Page 7
DELETION OF ARBITRATION PROVISION
(Not applicable to the Texas Residential Owner's Policy)
ARBITRATION is a common form of alternative dispute resolution. It can be a quicker and cheaper means to settle a dispute
with your Title Insurance Company. However, if you agree to arbitrate, you give up your right to take the Title Insurance
Company to court and your rights to discovery of evidence may be limited in the arbitration process. In addition, you cannot
usually appeal an arbitrator's award.
Your policy contains an arbitration provision (shown below). It allows you or the Company to require arbitration if the
amount of insurance is $2,000,000 or less. If you want to retain your right to sue the Company in case of a dispute over a
claim,you must request deletion of the arbitration provision before the policy is issued. You can do this by signing this form
and returning it to the Company at or before the closing of your real estate transaction or by writing to the Company.
The arbitration provision in the Policy is as follows:
"Either the Company or the Insured may demand that the claim or controversy shall be submitted to arbitration pursuant to
the Title Insurance Arbitration Rules of the American Land Title Association ("Rules"). Except as provided in the Rules,
there shall be no joinder or consolidation with claims or controversies of other persons. Arbitrable matters may include, but
are not limited to,any controversy or claim between the Company and the Insured arising out of or relating to this policy,any
service in connection with its issuance or the breach of a policy provision,or to any other controversy or claim arising out of
the transaction giving rise to this policy.All arbitrable matters when the Amount of Insurance is $2,000,000 or less shall be
arbitrated at the option of either the Company or the Insured, unless the Insured is an individual person(as distinguished
from an Entity). All arbitrable matters when the Amount of Insurance is in excess of$2,000,000 shall be arbitrated only
when agreed to by both the Company and the Insured. Arbitration pursuant to this policy and under the Rules shall be
binding upon the parties. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court of competent
jurisdiction."
SIGNATURE DATE
Commitment for Title Insurance
* * * Issued by Old Republic National Title Insurance Company
*
* 9t * THE FOLLOWING COMMITMENT FOR TITLE INSURANCE IS NOT VALID UNLESS YOUR NAME AND
* * THE POLICYAMOUNT ARE SHOWN IN SCHEDULE A,AND OUR AUTHORIZED REPRESENTATIVE
*' HAS COUNTERSIGNED BELOW.
** * *
We(Old Republic National Title Insurance Company)will issue our title insurance policy or policies(the Policy)to You(the proposed insured)upon
payment of the premium and other charges due, and compliance with the requirements in Schedule B and Schedule C.Our Policy will be in the
form approved by the Texas Department of Insurance at the date of issuance, and will insure your interest in the land described in Schedule A.The
estimated premium for our Policy and applicable endorsements is shown on Schedule D.There may be additional charges such as recording fees,
and expedited delivery expenses.
This Commitment ends ninety(90)days from the effective date,unless the Policy is issued sooner, or failure to issue the Policy is our fault. Our
liability and obligations to you are under the express terms of this Commitment and end when this Commitment expires.
AGGIELAND TITLE COMPANY OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
3740 Copperfield Dr.,Suite 101 A Stock Company
Bryan,TX 77802 400 Second Avenue South,Minneapolis,Minnesota 55401
979 -/800/41 .
n' (6121371-1191
/ Y / / w i
Authori ed Signatory By _ r ,;11":, President
ORT Form 2067 rr �� •t'te `'
5:•:ot i:II .
Commiwent for Title Insurance :' •' " r,'.
Effective I 1/1/09
Attest d}- '11 Secretary
s..
c".au'asr;e
CONDITIONS AND STIPULATIONS
1.If you have actual knowledge of any matter which may affect the title of mortgage covered by this Commitment,that is not shown in Schedule B,
you must notify us in writing.If you do not notify us in writing,our liability to you is ended or reduced to the extent that your failure to notify us
affects our liability.If you do notify us,or we learn of such matter, we may amend Schedule B,but we will not he relieved of liability already
incurred.
2.Our liability is only to you,and others who are included in the definition of Insured in the Policy to be issued. Our liability is only for actual loss
incurred in your reliance on this Commitment to comply with its requirements or to acquire the interest in the land. Our liability is limited to the
amount shown in Schedule A of this Conunitment and will be subject to the following terms of the Policy:Insuring Provisions,Conditions and
Stipulations, Exceptions and Exclusions.
TEXAS TITLE INSURANCE INFORMATION
Title Insurance insures you against loss resulting fonn certain risks to El seguro de titulo le asegura en relation a perdidas resultantes de
your title. ciertos riesgos que pueden afectar el titulo de su propiedad.
The Commitment for Title Insurance is the title insurance company's El Compromiso para Seguro de Titulo es la promesa de la compaiiia
promise to issue the title insurance policy.The Commitment is a legal aseguradora de titulos de emitir la poliza de seguro de titulo. El
document. You should review it carefully to completely understand it Compromiso es un documento legal. Usted debe leerlo
before your closing date. cuidadosamente y entenderlo completamente antes de la fecha para
finalizar su transaction.
Your Commitment for Title Insurance is a legal contract between you and us.The Commitment is not an opinion or report of your title. It is a contract
to issue you a policy subject to the Commitment's terms and requirements.
Before issuing a Commitment for Title Insurance(the Commitment)or a Title Insurance Policy(the Policy),the Title Insurance Company(the Company)
determines whether the title is insurable. This determination has already been made. Part of that determination involves the Company's decision to
insure the title except for certain risks that will not be covered by the Policy.Some of these risks are listed in Schedule B of the attached Commitment
as Exceptions.Other risks are stated in the Policy as Exclusions.These risks will not be covered by the Policy.The Policy is not an abstract of title nor
does a Company have an obligation to determine the ownership of any mineral interest.
—MINERALS AND MINERAL RIGHTS may not be covered by the Policy.The Company may be unwilling to insure title unless there is
an exclusion or an exception as to Minerals and Mineral Rights in the Policy.Optional endorsements insuring certain risks involving minerals,
and the use of improvements (excluding lawns, shrubbery and trees) and permanent buildings may be available for purchase. If the title
insurer issues the title policy with an exclusion or exception to the minerals and mineral rights, neither this Policy,nor the optional
endorsements,ensure that the purchaser has title to the mineral rights related to the surface estate.
Another part of the determination involves whether the promise to insure is conditioned upon certain requirements being met.Schedule C of the
Commitment lists these requirements that must be satisfied or the Company will refuse to cover them. You may want to discuss any matters shown
in Schedules B and C of the Commitment with an attorney.These matters will affect your title and your use of the land.
When your Policy is issued, the coverage will be limited by the Policy's Exceptions,Exclusions and Conditions,defined below.
—EXCEPTIONS are title risks that a Policy generally covers but does not cover in a particular instance. Exceptions are shown on Schedule
B or discussed in Schedule C of the Commitment. They can also be added if you do not comply with the Conditions section of the
Commitment.When the Policy is issued, all Exceptions will be on Schedule B of the Policy.
—EXCLUSIONS are title risks that a Policy generally does not cover. Exclusions are contained in the Policy but not shown or discussed in
the Commitment.
—CONDITIONS are additional provisions that qualify or limit your coverage. Conditions include your responsibilities and those of the
Company.They are contained in the Policy but not shown or discussed in the Commitment.The Policy Conditions are not the same as the
Commitment Conditions.
You can get a copy of the policy form approved by the Texas Department of Insurance by calling the Title Insurance Company at 1-888-673-1700 or by
calling the title insurance agent that issued the Commitment. The Texas Department of Insurance may revise the policy form from time to time.
You can also get a brochure that explains the policy from the Texas Department of Insurance by calling 1-800-252-3439.
Before the Policy is issued, you may request changes in the policy.Some of the changes to consider arc:
—Request amendment of the"area and boundary"exception(Schedule B,paragraph 2).To get this amendment, you must furnish a survey
and comply with other requirements of the Company. On the Owner Policy,you must pay an additional premium for the amendment.If the
survey is acceptable to the Company and if the Company's other requirements are met, your Policy will insure you against loss because of
discrepancies or conflicts in boundary lines, encroachments or protrusions, or overlapping of improvements. The Company may then decide
not to insure against specific boundary or survey problems by making special exceptions in the Policy. Whether or not you request
amendment of the"area and boundary"exception,you should determine whether you want to purchase and review a survey if a survey is
not being provided to you.
—Allow the Company to add an exception to"rights of parties in possession." If you refuse this exception, the Company or the title
insurance agent may inspect the property. The Company may except to and not insure you against the rights of specific persons, such as
renters, adverse owners or easement holders who occupy the land. The Company may charge you for the inspection. If you want to make
your own inspection, you must sign a Waiver of Inspection form and allow the Company to add this exception to your Policy.
The entire premium for a Policy must be paid when the Policy is issued. You will not owe any additional premiums unless you want to increase your
coverage at a later date and the Company agrees to add an Increased Value Endorsement.
Old Republic National Title Insurance Company
400 Second Avenue South
Minneapolis, Minnesota 55401
Commitment for Title Insurance
Issued through the Office of
* * **
* OLD REPUBLIC NATIONAL TITLE INS URAN CN.COIFll"_ANY
*****
AGGIELAND TITLE COMPANY
3740 Copperfield Dr., Suite 101
Bryan,TX 77802
979/731-8400
* * AGGIELAND TITLE COMPANY
►c * * ** Pnvacy Policy Notice
PURPOSE OF THIS NOTICE
Title V of the Gramm-Leach-Billey Act (GLBA) generally prohibits any financial Institution, directly
or through its affiliates, from sharing nonpublic personal information about you with a
nonaffiliated third party unless the institution provides you with a notice of Its pnvacy policies and
practices, such as the type of information that It collects about you and the categories of persons
or entitles to whom It may be disclosed. In compliance with the GLBA, we are providing you with
this document, which notifies you of the privacy policies and practices of OLD REPUBLIC
NATIONAL TITLE INSURANCE COMPANY AND AGGIELAND TITLE.
We may collect nonpublic personal Information about you from the following sources:
Information we receive from you such as on applications or other forms.
Information about your transactions we secure from our flies, or from our affiliates or
others.
Information we receive from a consumer reporting agency,
Information that we receive from others involved in your transaction, such as the real
estate agent or lender.
Unless It is specifically stated otherwise in an amended Privacy Policy Notice, no additional
nonpublic personal Information will be collected about you,
We may disclose any of the above information that we collect about our customers or former
customers to our affiliates or to nonaffiliated third parties as permitted by law.
We also may disclose this information about our customers or former customers to the following
types of nonaffiliated companies that perform services on our behalf or with whom we have joint
marketing agreements:
Financial service providers such as companies engaged in banking, consumer finance,
securities and Insurance.
Non-financial companies such as envelope stuffers and other fulfillment service providers,
WE DO NOT DISCLOSE ANY NONPUBLIC PERSONAL INFORMATION ABOUT YOU WITH ANYONE
FOR ANY PURPOSE THAT IS NOT SPECIFICALLY PERMITTED BY LAW,
We restrict access to nonpublic personal Information about you to those employees who need to
know that information in order to provide products or services to you. We maintain physical,
electronic, and procedural safeguards that comply with federal regulations to guard your personal
Information.
•
OLD REPUBLIC
4 AN } N.Ibn.l T/.!munuc.company