HomeMy WebLinkAboutTitle InsuranceTEXAS COMMITMENT FOR TITLE INSURANCE
SCHEDULE A
Effective Date: September 22, 2011 at 8:00 a.m.
Commitment issued November 15, 2011, 8:00 a.m.
1. The policy or policies to be issued are:
(a) OWNER POLICY OF TITLE INSURANCE (Form T-1)
(Not applicable for improved one -to -four family residential real estate)
Policy Amount: $160,000.00
PROPOSED INSURED:
Guseman Group, LLC and/or Assigns
(b) TEXAS RESIDENTIAL OWNER POLICY OF TITLE INSURANCE
- ONE -TO -FOUR FAMILY RESIDENCES (Form T-1R)
Policy Amount: $
PROPOSED INSURED:
(c) MORTGAGEE POLICY OF TITLE INSURANCE (FORM T-2)
Policy Amount: $120,000.00
PROPOSED INSURED:
Extraco Banks
Proposed Borrower:
Guseman Group, LLC and/or Assigns
(d) TEXAS SHORT FORM RESIDENTIAL MORTGAGEE POLICY (Form T-2R)
Policy Amount: $
PROPOSED INSURED:
Proposed Borrower:
OF No.00112767
(e) MORTGAGEE TITLE POLICY BINDER ON INTERIM CONSTRUCTION LOAN (Form T-13)
Binder Amount: $
PROPOSED INSURED:
(1) OTHER:
Proposed Borrower:
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:
James D. Robison; John Frederick Caldwell; Charles Robison; Patsy Robison; Ricky Robison and Lee Bell
University Title Company
First American Title Insurance Company
Teas Commitment T-7 (Rev. 1-1-93) - Schedule A Valid Only if Schedule B, C, D and Cover are attached
SCHEDULE A - continued
GF No. 00112767
4. Legal description of land:
See Exhibit A attached hereto and made a part hereof.
SCHEDULE B
GF No. 00112767
EXCEPTIONS FROM COVERAGE
In addition to the Exclusions and Conditions and Stipulations, your Policy will not cover loss, costs, attorneys fees, and
expenses resulting from:
1. The following restrictive covenants of record itemized below (We must either insert specific recording data or
delete this exception):
Item No. 1, Schedule B, is hereby deleted.
2. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any
overlapping of improvements.
3. Homestead or community property or survivorship rights, if any, of any spouse of any insured. (Applies to the
Owner 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 Policy only.)
5. Standby fees, taxes and assessments by any taxing authority for the year 2011, 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 Mortgagee Policy (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 Mortgagee
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 Mortgagee Policy T-2 only.)
9. The Exceptions from Coverage and Express Insurance in Schedule B of the Texas Short Form Residential
Mortgagee Policy (T-2R). (Applies to Texas Short Form Residential Mortgagee Policy (T-2R) only. Separate
University Title Company
First American Title Insurance Company
Texas Commitment T-7 (Rev. 1-1-93) - Schedule 13 Valid Only if Schedule A, C, D and Cover are attached
Exhibit A
Being a tract of land containing 0.4954 acres, and being in the Morgan Rector League, A-46, in the City of College
Station, in Brazos County, Texas. Being the same tract of land as recorded in Vol. 2728, Page 230, of the Brazos
County Official Records(B.C.O.R.), and being called to be out of the Richards Addition to the City of College
Station, as recorded in Vol. 137, Page 25, of the Brazos County Deed Records(B.C.D.R.). All bearings of this survey
are referenced to the Texas State Plane Coordinate System, Central Zone, NAD83, and boundary based on found
1/2" iron rods in the said Richard's Addition, to reference said previous deed. This description is also referred to the
plat prepared by ATM Surveying, Project No. 2011-0079-Richards, and being more particularly described as
follows:
COMMENCING at a 5/8" iron rod found for the east corner of the Garland Mcilveen Jr. tract, called Lot 10B,
Block 1, of the Richard's Addition, as recorded in Vol. 3011, Page 93, of the B.C.O.R., also being on the northwest
line of Sterling Street
THENCE S 49022'25" East, a distance of 4.87 feet along the right-of-way line of said Sterling Street to a 1/2" iron
rod with a maroon plastic cap marked "RPLS 6132 - ATM SURV " set for the PLACE OF BEGINNING also being
the south corner of this tract, also being on the northwest line of said Sterling Street, being measured as a 30' R.O.W.
at this corner;
THENCE North 48032'44" West, a distance of 104.50 feet to a 1/2" iron rod with a maroon plastic cap marked
"RPLS 6132 - ATM SURV " set for the west corner of this tract, from which a 5/8" iron rod found bears N
48030'19" W, a distance of 0.73 feet for north corner of said Mcilveen tract, also being on the southeast line of the
Eric T & Patricia C Winkelman tract, being called the east 1/2 of Lot 38, Block 1, of the Richards Addition, deed
being recorded in Vol. 10079, Page 282, of the B.C.O.R.
THENCE North 41027'16" East, a distance of 206.50 feet along the common line between this tract and said
Mcilveen tract, and then passing along the Jan Nichols Hughes tract, called Lot 39, Block 1, of said Richards
Addition, deed being recorded in Vol. 5515, Page 63, of the B.C.O.R., and passing a 1/2" iron rod found in this
property line at a distance of 106.38 feet, and which is the East corner of said Nichols tract, and also the south corner
of the John & George Waller, being called the West 1/2 of Lot 40, of said Block 1, deed recorded in Vol. 8882, Page
153, of the B.C.O.R., and continuing along said Waller tract, and then along the .Joseph A. Mcfall, called the East 1/2
of Lot 50, and 36' of Lot 41, of said Block 1, deed recorded in Vol. 6352, Page 98, of the B.C.O.R., for a distance of
100.12 feet, and for a total distance of 206.50 feet to a 1/2" iron rod with a maroon plastic cap marked "RPLS 6132 -
ATM SURV " set for the north corner of this tract, also being a point on the southeast line of said Mcfall tract, also
being the west corner of the remainder of Willie Mae & Wesley Sterling called I acre tract, as recorded in Vol. 121,
Page 173,ofthe B.C.D.R.;
THENCE South 48032144" East, a distance of 104.50 feet along the common line between this tract and said Sterling
tract to a 1/2" iron rod with a maroon plastic cap marked "RPLS 6132 - ATM SURV " set for the east corner of this
tract, also being the south corner of said Sterling tract, also being on the northwest line of said Sterling Street;
THENCE South 41027'16" West, a distance of 206.50 feet along the common line between this tract and said Sterling
Street to the PLACE OF BEGINNING containing 0.4954 acres.
NOTE: The Company is prohibited from inswing the area or quantity of the land described herein. Any statement
in the above legal description of the area or quantity 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 2 of Schedule B
hereof.
RECORDING PAID FOR BY: UTC00112767 BRL MUTGROBISON.OUSEMAN.112767
Bill & Return to
university Title Company
P.O. Drawer DT .
College
Station, Te*iiw 77841
GF# . 1�� hdnl��P�nf Cf dn�f:.ra..r:A1: a Rights: If you are a natural person, you may
remove or strike any or all of the following information from any
instrument that transfers an interest in real property before it is filed for
record in the public records: your social security number or your
driver's license number.
Doc: Bk 01106166 OR 10426 207
Date: o ii ,r ` I 2011, but with an effective date of
pod _ 2011
Grantor: JANMS D.---ROBISON JOHN-- FREDRiCK-_ CALDWELL
erroneously shown as JOHN FREDERICK CALDWELL in
Affidavit of Heirship, CHARLES ROBISON, PATSY ROBISON,
RICKY ROBISON alk/a RICKY ROBERTSON, and LEE BELL
Grantee: GUSEMAN GROUP, LLC
Grantee's Mailing Address: 3131 I / e`a Q.S-h D/. sill Lc . III
1- 7m � . -
Consideration: TEN AND NO1100 DOLLARS ($10.00) and other good and
valuable consideration, CASH and a note of even date executed by
Grantee and payable to the order of EXTRACO BANKS, N.A., in
the principal amount of ONE HUNDRED TWENTY THOUSAND
AND NO/100 DOLLARS ($120,000.00), The note is secured by a
first and superior vendor's lien and superior title retained in this
deed by Grantor, which is hereby transferred to EXTRACO
BANKS, N.A., and by a first -lien deed of trust of even date from
Grantee to S.o?,o,ywd L' . /=mi1,44a-t.- Trustee.
Property (including any improvements): SEE EXHIBIT "A"
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. !}Q�fl_l1.7l1lll
Warranty Deed with Yondor's Lien Pagel
e
A
EXHIBIT
01106166
OR
10426
?08
Being a tract of land containing 0.4954 acres, and being in the Morgan Rector League, A-46,
in the City of College Station, in Brazos County, Texas. Being the same tract of land as
recorded in Vol. 2728, Page 230, of the Brazos County Official Records(B.C.O.R.), and being
called to be out of the Richards Addition to the City of College Station, as recorded in Vol. 137,
Page 25, of the Brazos County Deed Records(B.C.D.R.). All bearings of this survey are
referenced to the Texas State Plane Coordinate System, Central Zone, NAD83, and boundary
based on found 1/2" iron rods in the said Richard's Addition, to reference said previous deed.
This description is also referred to the plat prepared by ATM Surveying, Project No. 2011-
0079-Richards, and being more particularly described as follows:
COMMENCING at a 5/8" iron rod found for the east comer of the Garland Mcilveen Jr. tract,
called Lot 10B, Block 1, of the Richard's Addition, as recorded in Vol. 3011, Page 93, of the
B.C.O.R., also being on the northwest line of Sterling Street
THENCE S 49022'25" Ent, a distance of 4.87 feet along the right-0fWay line of ia-d-Sterling
Street to a 1/2" iron rod with a maroon plastic cap marked "RPLS 6132 - ATM SURV " set for
the PLACE OF BEGINNING also being the south comer of this tract, also being on the
northwest line of said Sterling Street, being measured as a 30' R.O.W. at this comer,
THENCE North 48032,44" West, a distance of 104.50 feet to a 1/2" iron rod with a maroon.
plastic cap marked "RPLS 6132 - ATM SURV " set for the west corner of this tract, from which
a 5/8" iron rod found bears N 48'30'19" W , a distance of 0.73 feet for north comer of said
Mcilveen tract, also being on the southeast line of the Eric T & Patricia C Winkelman tract,
being called the east 1/2 of Lot 38, Block 1, of the Richards Addition, deed being recorded in
Vol. 10079, Page 282, of the B.C.O.R.
THENCE. North 41 *27'16" East, a distance of 206.50 feet along the common line between this
tract and said Mcilveen tract, and then passing along the Jan Nichols Hughes tract, called Lot
39, Block 1, of said Richards Addition, deed being recorded in Vol. 5515, Page 63, of the
B.C.O.R., and passing a 1/2" iron rod found in this property line at a distance of 106.38 feet,
and which is the East corner of said Nichols tract, and also the south corner of the John &
George Waller, being called the West 1/2 of Lot 40, of said Block 1, deed recorded in Vol.
8882, Page 153, of the B.C.O.R., and continuing along said Waller tract, and then along the
Joseph A. Mcfall, called the East 1/2 of Lot 50, and 36' of Lot 41, of said Block 1, deed
recorded in Vol. 6352, Page 98, of the B.C.O.R., for a distance of 100.12 feet, and for a total
distance of 206.50 feet to a 1/2" Iron rod with a maroon plastic cap marked "RPLS 6132 - ATM
SURV " set for the north comer of this tract, also being a point on the southeast line of said
Mcfall tract, also being the west comer of the remainder of Willie Mae & Wesley Sterling called
1 acre tract, as recorded in Vol. 121, Page 173, of the B.C.D.R.;
THENCE South 48°32'44" East, a distance of 104.50 feet along the common line between this
tract and said Sterling tract to a 1/2" iron rod with a maroon plastic cap marked "RPLS 6132 -
ATM SURV " set for the east comer of this tract, also being the south comer of said Sterling
tract, also being on the northwest line of said Sterling Street;
THENCE South 41'27'16'1 West, a distance of 206.50 feet along the common line between
this tract and said Sterling Street to the PLACE OF BEGINNING containing 0.4954 acres.
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