HomeMy WebLinkAbout09-00500232- 00074869
TEXAS COMMITMENT FOR TITLE INSURANCE
SCHEDULE A
Effective Date: October 1, 2009 at 8:00 a.m. OF No. 00092498
Conmi tment issued October 20, 2009, 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: $117,500.00
PROPOSED INSURED:
Terra Rentals,.LLC
(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: S
PROPOSED INSURED:
Proposed Borrower:
(d) TEXAS SHORT FORM RESIDENTIAL MORTGAGEE POLICY (Form T-2R)
Policy Amount: $
PROPOSED INSURED:
Proposed Borrower:
(c) MORTGAGEE TITLE POLICY BINDER ON INTERIM CONSTRUCTION LOAN (Form T-13)
Binder Amount;
PROPOSED INST D:
Proposed Borrower:
(f) OT~MR:
Policy Amount: $
PROPOSED IivSURi3D:
2. The interest in the land covered by this Commitment is:
Fee simple estate, subject to, and the Company does not insure title to, and excepts from the description of the land,
coal, lignite, oil, gas and other minerals in, under and that may be produced from the land, together with all rights,
privileges, and immunities relating thereto.
University Title Company First American Title Insurance Company
Texas Commirmeet T-7 (Rev. 1-1.93) - Schedule. A Valid Only if Schedule 13, C, D and Corcr are attached
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SCHEDULE A. - continued
O No.00092498
3. Record Title to the land on the Effective Date appears to be vested in;
Trenton Van Harris; Tovia Harris; Dollene Harris Wk/a Dollene Harris Ray; Mary Jean Harris; Jessie Mae
Turner; Roosevelt Harris; Earnest Harris; James Lee Harris; Ocie Lee Manley; and Linder Marie Jones,
Individually and as Independent Executrix of the Estate of Thelmon Harris aWa Thelmon Hargis, Sr., Deceased
Subject to Schedule "C" requirement.
4. Legal description of land:
'T'ract One!
Lots Sixty-one-A (61A); Sixty-two-A (62A) and Sixty-two-13 (62)3), Replat of Lots 61, 62 and a portion of Lot 63,
Richards Subdivision, City of College Station, according to plat thereof recorded in Volume 7095, Page 212 of the
Official Records of 13razos County, Texas.
Tract Two;
Southwest 50 feet of Lot Fifty-five (55), Richards Subdivision, City of College Station, according to plat thereof
recorded in Volume 137, Page 25 of the need Records of Brazos County, Texas.
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SCHEDULE IB
GF No. 00092498
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-
I. The following restrictive covenants of record itemized below (We must either insert specific recording data or delete
this exception):
Item No. 1, Schedule 11, is hereby deleted.
2. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any
overlapping of iaxi rovements_
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 2009, and subsequent years, and subsequent
taxes and assessments by any taxing aurhority 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. 11, 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 coudirions 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.(A,pplies 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 i-nortgage.(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-212). (Applies to Texas Short Form Residential Mortgagee Policy (T-212) only. Separate
exceptions 1 through 8 of this Schedule B do not apply to the Texas Short Form Residential Mortgagee Policy (T-
21t).
University Title Company First American Title Insurance Company
Texas Commitment T-7 (Rev. 1-1-93) - Schedule R Valid Only if Schedule A, C, D and Cover are attached
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SCHEDULE B continued
Gk' No_ 00092499
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 POLICY ONLY)
b. Visible and apparent easements.
c. Portion of the property within any roadway.
d. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting title that would be
disclosed by an accurate and complete land survey of the Iand,
e. Easements and Building Lines as shown on plat recorded in Volume 7095, Page 212 of the Official Records of
Brazos County, Texas,
f. Blanket Easement:
Prom: Samuel Richardson, et al
To., City of Bryan
Dated: April 14,1937
Recorded: Volume 98, Page 214, need Records, Brazos County, Texas.
` g. Oil and Gas Lease, and all terms, conditions and stipulations therein:
~
d Lessor: Thelmon Harris, et ax
C► a' Lessee: Inca Oil Corporation
Dated: March 25 X992
Recorded: Volume 1506, Page 35, Official Records, Brazos County, Texas. Title to said interest has not
been investigated subsequent to the date of the aforesaid instrument. (Tract One)
h. Oil and Gas Lease, and all terms, conditions and stipulations therein:
Lessor: Annie Mae Barris, et al
Lessee: Inca Oil Corporation
Dated- March 25,1992
Recorded: Volume 1506, Page 32, Official Records, Brazos County, Texas. Title to said interest has not
been investigated subsequent to the date of the aforesaid instrument. ('tract Two)
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