HomeMy WebLinkAboutTitle ReportCOMMITMENT FOR TITLE INSURANCE
Issued By
WFG National Title Insurance Company
SCHEDULE A
Effective Date: July 30, 2013, 8:00 am GF No. BC1300771
Commitment issued July31,2013,
1. The policy or policies to be issued are:
(a) OWNERS POLICY OF TITLE INSURANCE (Form T-1)
(Not applicable for improved one -to -four family residential real estate)
Policy Amount:
PROPOSED INSURED:
(b) TEXAS RESIDENTIAL OWNERS POLICY OF TITLE INSURANCE
- ONE -TO -FOUR FAMILY RESIDENCES (Form T-1 R)
Policy Amount: $265,000.00
PROPOSED INSURED: Donald Keith Sewell
(c) LOAN POLICY OF TITLE INSURANCE (Form T-2)
Policy Amount: $284,000.00
PROPOSED INSURED: Citizens Bank
Proposed Borrower: Donald Keith Sewell
(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:
(t) 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:
Delucia Re Investments, LLC
4. Legal description of the land:
Being all thse certain lots, tracts or parcels of land lying and being situated in Brazos County, Texas and being Lot
Nine (9) and the Seven Feet (T) of Lot Eight (8) adjoining Lot Nine (9), Block Six (6), WEST PARK ADDITION, an
addition to the City of College Station, Texas, according to plat recorded in Volume 102, page 198, Official Records of
Brazos County, Texas.
FORMT-7: Commitment for Title Insurance Page 1
GF# BC1300771
COMMITMENT FOR TITLE INSURANCE
Issued By
WFG 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, 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):
Terms, provisions, covenants, conditions, and restrictions, easements, charges, assessments and liens provided in the
Covenants, Conditions and Restrictions recorded in Volume 102, page 613 and Volume 266, page 505, Deed Records
of Brazos County, Texas, but omitting any covenant, condition or restrictions, if any, based on race, color, religion,
sex, handicap, familial status or national origin unless and only to the extent that the covenant, condition or
restrictions (a) is exempt under Title 42 of the United States Code, or (b) related to handicap, but does not
discriminate against handicapped persons.
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'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 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
(T-211) is issued, that policy will substitute "which become due and payable subsequent to Date of Policy" in lieu of "for the
year 2013 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.)
FORM T-7: Commitment for Title Insurance Page 2
Continuation of Schedule B GFNo. BC1300771
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 (T-
2R). (Applies to Texas Short Form Residential Loan Policy (T-2R) only. Separate exceptions 1 through 8 of this Schedule B
do not apply to the Texas Short Form Residential Loan Policy (T-2R).
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. Rights of Parties in possession. (Owner's Policy Only)
b. Easements, or claims of easements, which are not recorded in the public records. (Owner's Policy Only)
C. Easements as shown on record on plat of West Park Addition, recorded in Volume 102, page 198, Deed
Records of Brazos County, Texas, 25' Building Line along front lot line, 20' Building Line along rear lot fine
and 7.5' Building Line along side lot lines as per City Ordinance and all as shown on survey plat prepared
July 1, 2013 by Adam C. Wallace, Registered Professional Land Surveyor, State of Texas, No. 6132.
d. Pending disbursement of full proceeds of the loan secured by the lien instrument set forth under Schedule A
hereof, this policy insures only to the extent of the amount actually disbursed, but increases as each
disbursement is made in good faith and without knowledge of any defects in, or objections to, the title up to
the face amount of the policy. Nothing contained in this paragraph shall be construed as limiting any
exception under Schedule B, or any printed provision of this policy. (Loan Policy only)
e. Any and all liens arising by reason of unpaid bills or claims for work performed or materials furnished in
connection with improvements placed, or to be placed, upon the subject land. However, the Company does
insure the Insured against loss, if any, sustained by the Insured under this policy if such liens have been filed
with the County Clerk of Brazos County, Texas, prior to the date hereof.
f. Liability hereunder at the date hereof is limited to S . Liability shall increase as
contemplated improvements are made, so that any loss payable hereunder shall be limited to said sum plus
the amount actually expended by the Insured in improvements at the time the loss occurs. Any expenditures
made for improvements, subsequent to the date of this policy, will be deemed made as of the date of this
policy. In no event shall the liability of the Company hereunder exceed the face amount of this policy.
Nothing contained in this paragraph shall be construed as limiting any exception or any printed provision of
this policy.
g. All leases, grants, exceptions or reservations of coal, lignite, oil, gas and other minerals, together with all
rights, privileges and immunities relating thereto, appearing in the Public Records whether listed in Schedule
B or not. There may be leases, grants, exceptions or reservations of mineral interests that are not listed.
It. The tax certificate furnished by the taxing authorities is issued on real estate only. It does not include
minerals and/or personal property, therefore, no liability is assumed herein for the payment of said mineral
and/or personal property tax.
NOTE: FOR INFORMATION ONLY: Lender's File/Loan/Reference Number is To Be Determined.
NOTE: If requested in closing instructions and upon compliance of endorsement requirements, a T-17 and/or T-19
Endorsement will be attached to Loan Title Policy.
FORM T-7: Commitment for Title Insurance Page 3
COMMITMENT FOR TITLE INSURANCE
Issued By
WFG National Title Insurance Company
SCHEDULE A
Effective Date: July 12, 2013, 8:00 am GFNo. BC1300583
Commitmentissued July 15, 2013,
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:
PROPOSED INSURED:
(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: $284,000.00
PROPOSED INSURED: Citizen Bank
Proposed Borrower: Donald Keith Sewell
(d) TEXAS SHORT FORM RESIDENTIAL LOAN POLICY OF TITLE INSURANCE (Form T-211)
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:
DELUCIA RE INVESTMENTS, LLC
4. Legal description of the land:
Being all that certain lot, tract or parcel of land lying and being situated in Brazos County, Texas and being Ten (10),
Block Six (6), WEST PARK ADDITION, an addition in the City of College Station, Texas, according to plat recorded
in Volume 102, page 198, Deed Records of Brazos County, Texas.
FORM T-7: Commitment for Title Insurance Page I
GF# BC1300583
COMMITMENT FOR TITLE INSURANCE
Issued By
WFG 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, attorneys' fees, and expenses
resulting from
The following restrictive covenants of record itemized below (We must either insert specific recording data or delete this
exception):
Terms, provisions, covenants, conditions, and restrictions, easements, charges, assessments and liens provided in the
Covenants, Conditions and Restrictions recorded in Volume 102, page 613 and Volume 266, page 505, Deed Records
of Brazos County, Texas, but omitting any covenant, condition or restrictions, if any, based on race, color, religion,
sex, handicap, familial status or national origin unless and only to the extent that the covenant, condition or
restrictions (a) is exempt under Title 42 of the United States Code, or (b) related to handicap, but does not
discriminate against handicapped persons.
2. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any overlapping
ofimprovements.
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 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
Tag Code, or because of improvements not assessed for a previous tax year. (If Texas Short Form Residential Loan 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 2013 and subsequent years.")
6. The terms and conditions of the documents creating your interest in the land.
Materials famished 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 famished to us before a binder is issued.)
FORM T-7: Commitment for Title Insurance Page 2
Continuation of Schedule B GFNo. BC1300583
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 (T-
2R). (Applies to Texas Short Form Residential Loan Policy (T-2R) only. Separate exceptions I through 8 of this Schedule B
do not apply to the Texas Short Form Residential Loan Policy (T-2R).
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. Any and all liens arising by reason of unpaid bills or claims for work performed or materials furnished in
connection with improvements placed, or to be placed, upon the subject land. However, the Company does
insure the Insured against loss, if any, sustained by the Insured under this policy if such bens have been filed
with the County Clerk of Brazos County, Texas, prior to the date hereoL
b. Pending disbursement of full proceeds of the loan secured by the lien instrument set forth under Schedule A
hereof, this policy insures only to the extent of the amount actually disbursed, but increases as each
disbursement is made in good faith and without knowledge of any defects in, or objections to, the title up to
the face amount of the policy. Nothing contained in this paragraph shall be construed as limiting any
exception under Schedule B, or any printed provision of this policy. (Loan Policy only)
C. All leases, grants, exceptions or reservations of coal, lignite, oil, gas and other minerals, together with all
rights, privileges and immunities relating thereto, appearing in the Public Records whether listed in Schedule
B or not. There may be leases, grants, exceptions or reservations of mineral interests that are not listed.
d. The tax certificate furnished by the taxing authorities is issued on real estate only. It does not include
minerals and/or personal property, therefore, no liability is assumed herein for the payment of said mineral
and/or personal property tax.
FORM T-7: Commitment for Title Insurance Page 3
Du_t_ Ot M= I UMN I V. 01166266 OR 11539 ' 52
BRAZOS CCaNTY ABSTRACT COMP
GF# 6 G 1506-77 f m 12-
NOTICE OF CONFIDENTIALITY RIGHTS: "IF YOU ARE A NATURAL PERSON, YOU MAY
REMOVE OR STRIAE ANY OR ALL OF TEE 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 DRIVERS LICENSE NUMBER."_ '
WARRANTY DEED WITH VENDOR'S LIEN
Date: AUGUSTtr ,2013
Grantor.
Grantor's Mailing Address:
Grantee:
Grantee's Mailing Address:
DELUCIA RE INVESTMENTS, LLC
4607 MIDSUMMER LANE
COLLEGE STATION, TEXAS 77945
DONALD KEITH SEWELL
1113 LANGFORD STREET
COLLEGE STATION, TEXAS 77840
Consideration: TEN AND NO1100 DOLLARS ($10.00) and a Noic of even date herewith in the principal amount of
TWO HUNDRED EIGHTY FOUR THOUSAND AND NO1100 DOLLARS ($284,000.00), said Note being secured
by a Vendors Lien retained in this Deed and by Deed of Trust of even date herewith to DONALD R. BARBER,
TRUSTEE, for dw benefit of CITIZEN BANK.
Property (including improvements):
(208 GROVE STREET, COLLEGE STATION, BRAZOS COUNTY, TEXAS 77840,)
BEING ALL THSE CERTAIN LOTS, TRACTS OR PARCELS OF LAND LYING AND BEING
SITUATED IN BRAZOS COUNTY, TEXAS AND BEING LOT NINE (9) AND THE SEVEN FEET (T)
OF LOT EIGHT (8) ADJOINING LOT NINE (9), BLOCK SIX (6), WEST PARK ADDITION, AN
ADDITION TO THE CITY OF COLLEGE STATION, TEXAS, ACCORDING TO PLAT RECORDED IN
VOLUME 102, PAGE 198, OFFICIAL RECORDS OF BRAZOS COUNTY,TEXAS.
Reservations from and Exceptions to Conveyance and Warranty:
This conveyance is made and accepted subject to any and all covenants, conditions, restrictions, casements, right-of-way,
mineral or royally reservations and/or conveyances, and mineral leases, if any, in Grantors chain of title, applicable to
and enforceable against the above described property, to the extent, and only to the extent, that the same may still be in
force and effect, shown of record in the office of dtc County Clerk of BRAZOS County, Texas, including, but not
limited to the following:
1. Restrictive Covenants appearing of record in Volume 102, page 613 and Volume 266, page 505, Deed
Records of Brazos County, Texas.
2. Easements as shown on record on plat of West Park Addition, recorded in Volume 102, page 198, Deed
Records of Brazos County, Texas, 25' Building Line along front lot line, 20' Building Line along rear lot
line and 7.5' Building Line along side lot lines as per City Ordinance and all as shown on survey plat
prepared July 1, 2013 by Adam C. Wallace, Registered Professional Land Surveyor. State of Texas,
No. 6132.
Grantor, for the consideration and subject to the reservations from and exceptions to conveyance and warranty, grants,
sells, and conveys to Grantee the property, together with all and singular the rights and appurtenances thereto in any wise
belonging, to have and hold it to Grantee, Grantee's heirs, executors, administrators, successors, or assigns forever.
Grantor binds Grantor and Grantor's heirs, executors, administrators, and successors to warrant and forever defend all
and singular lx: property to Grantee and Grantees heirs, executors, administrators, successors, and assigns against every
person whomsoever lawfully claiming or to claim the same or any part thereof, except as to the reservations from and
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exceptions to warranty
The Vendor's Lien against and superior title to the property are retained until each Note described is fully paid according
to its terms, at which time this Deed shall become absolute.
CITIZEN BANK, at Grantee's request, has paid in cash to Grantor that portion of the purchase price of the property that
is evidenced by the Note described. The Vendor's Lien and superior title to the property are retained for the benefit of
CITIZEN BANK, and are transferred to that party without recourse on Grantor.
Ad valorem taxes for the current year have been prorated and paid as of the date of delivery of this Deed, and Grantee by
acceptance hereof, covenants and agrees to pay all ad valorem taxes upon the property from and including taxes for the
year2013.
When the context requires, singular nouns and pronouns include the plural
DELUCIA RE INVESTMENTS, LLC,
A Texas Limited Liability Company
BY:
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THE STATE OF TEXAS
COUNTY OF BRAZOS
This instrument was acknowledged before: me on the ` - day of AUGUST, 2013, by KENNETH
SCOTT DELUCIA, MANAGING MEMBER of DELUCIA RE INVESTMENTS, LLC, a Texas limited liability
company, on behalf of said Limited Liability Company, in die capacity therein stated.
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Ad valorem taxes for the current year have been prorated and paid as of the date of delivery of this Deed, and Grantee by
acceptance hereof, covenants and agrees to pay all ad valorem taxes upon the property from and including taxes for the
year2013.
When the context requires, singular nouns and pronouns include the plural.
DELUCIA RE INVESTMENTS, LLC,
A Texas Limited Liability Company
BY:
KENNETH SCOTT DELUCIA, MANAGING MEMBER
THE STATE OF TEXAS
COUNTY OFBRAZOS §
This instrument was acknowled_ed before me on the --L day of AUGUST, 2013, by KENNETH
SCOTT DELUCIA, MANAGING MEMBER of DELUCIA RE INVESTMENTS, LLC, a Texas limited liability
company, on behalf of said Limited Liability Company, in the capacity therein stated.
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