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HomeMy WebLinkAbout10-00500257- 00075056OWNER'S POLICY OF TITLE INSURANCE (T-1) Issued. by Title Resources Guaranty Company An notice of claim and any other notice or statement in writing required to be given the Company under this Poll must be given to the Company at the address shown in Section 18 of the Conditions. SCHEDULE A N and Address of Title Insurance Company: Titl Resources Guaranty Company 811 -ill Freeway, Suite 1200 Da s, TX 75251 File o.00092367 Policy No. 81143 001685 Reference: Harvey Mitchell Pkwy, College Station, TX 77840 of Insurance: $487,000.00 Premium: $3,346.50 Dat of Policy: February 25, 2010 at 2:01 P.M. 1. ame of Insured: Rex Tucker and Mark Mettauer 2. a estate or interest in the Land that is encumbered by the Insured Mortgage is: Fee Simple 3. itle is insured as vested in: Reg Tucker and Mark Mettauer 4. I¢ he Land referred to in this policy is described as follows- II See e Exhibit A attached hereto and made a part hereoL Un eraity Title Company - Title Resources Guaranty Company Tl Texas Owner's Policy of Title Insurance Exhibit A Metes a d bounds description of all that certain tract or parcel of land lying and being situated in the Crawford Burnett League, A-7, College Station, Brazos County, Texas. Said tract being a portion of a called 4.23 acre tract of land as describ by a deed to Linda Preston-Shepard, recorded in Volume 7043, Page 287 of the Official Public Records of Brazos ounty. Texas. Said trot being more particularly described by metes and bounds as follows: BEG G at a 518 inch iron rod found on the southwest right-of-way line of Harvey Mitchell Parkway South (F.M. 2818) rldng the northeast corner of this herein described tract and the northwest corner of a 43.633 acre tract describ by a deed to Linda Sue Gorzycki, et al, recorded in Volume 672, Page 404 of the Deed Records of Brazos THEN M. S 410 50' 29" W along the northwest line of said Gorzycki tract for a distance of 54437 feet to a 5/8 inch iron rod set. ~fon or reference: a petrified wood rock found on the southwest line of the Crawford Burnett Survey, A-7, marking the com corner of said Gorzycki tract and said 4.23 acre tract bears: S 4115012911 W for a distance of 85.00 feet; THEN N 43° 17' 51" W through said 4.23 acre tract for a distance of 335.64 feet to a 518 inch iron rod set on the southea line of a 6.21 acre tract described by a deed to Ervin M. Williams, Sr. and wife, Mildred VAIllams, recorded in Volume 133, Page 39 of the Deed Records of Brazos County, Texas. For reference, a I/2 inch iron rod found marking the west co er of said 4.23 acre tract and said 6.21 acre tract bears: S 40° 4514411 W for a distance of 115.00 feet; THEN: N 40° 45144 E along the southeast line of said Williams tract for a distance of 326.49 feet to a 1/2 inch iron rod found the southwest right-of-way of said Harvey Mitchell Parkway South marking the common. corner of said Willie tract and this herein described tract; THEN : S 76° 41' 20" E along the southwest right-of-way line of Harvey Mitchell Parkway South for a distance of 339.44 et to a concrete right-of-way marker found; THEN : S 810 01' 54" E along the southwest right-of-way line of Harvey Mitchell Parkway South for a distance of 50.43 fe t to the POINT OF BEGEVNING containing 3.364 acres of land, more or less. NOTE: he Company is prohibited from insuring the area or quantity of the land described herein. Any statement in the above I al description of the area or quantity of land is not a representation that such area or quantity is correct, but is made o y for informational and/or identification purposes and does not override Item 2 of Schedule B hereof. • L-J SCHEDULE B No.: 00092367 Policy No: 81143 001685 EXCEPTIONS FROM COVERAGE s policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or crises) that arise by reason of the terms and conditions of the leases and easements, if any, shown in cdule A, and the following matters: The following restrictive covenants of record itemized below (the Company must either insert specific recording data or delete this exception): Item No. 1, Schedule B, is hereby deleted. Shortages in area. Homestead or community property or survivorship rights, if any, of any spoulse of any Insured. 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 We of vegetation, or the right of access to that area or easement along and across that area Standby fees, taxes and assessments by any taxing authority for the year 2010, 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. The following matters and all terms of the documents creating or offering evidence of the matters (The Company must insert matters or delete this exception): a Rights of Parties in Possession. b. 25' building line on the north side; 7.5' building line on the east and southwest sides; 20' building line on the southwest side; as shown on survey prepared on January 27, 2009, under the supervision of Brad Kerr, R.P.L.S. #4502. c. Fence lies outside the property on the southeast side of the property as shown on survey prepared on January 27, 2009, under the supervision of Brad Kerr, R.P.L.S. #4502. d. 15' Public Utility Easement on the north side: From: Linda Preston-Shepard To: City of Bryan d/b/a Bryan Texas Utilities Dated: November 30, 2005 Recorded: Volume 7044, Page 69, Official Records, Brazos County, Texas. Said Easement being assigned to City of College Station by Assignment: Dated: May 2, 2006 Recorded: Volume 7302, Page 220, Official Records, Brazos County, Texas; as shown on survey prepared on January 27, 2009, under the supervision of Brad Kerr, R.P.L.S. #4502. iversity Title Company Title Resources Guaranty Company - Texas Owner's Policy of Title Insurance - • No.: 00092367 SCHEDULE B • Policy No: 81143 001685 e. Sanitary Sewer Easement (partly on property) in the southwest corner.: From: Linda Preston-Shepard To: City of College Station Dated: August 10, 2007 Recorded: Volume 8169, Page 129, Official Records, Brazos County, Texas; as shown on survey prepared on January 27, 2009, under the supervision of Brad Kerr, R.P.L.S. #4502. f. 40' Electrical Easement on the north side: From: Jean A. Preston To: City of Bryan d1b1a Bryan Texas Utilities Dated: December 9, 2003 Recorded: Volume 5765, Page 221, Official Records, Brazos County, Texas; as shown on survey prepared on January 27, 2009, under the supervision of Brad Kerr, R.P.L.S. #4502. g. 30' Public Utility Easement Awarded in Judgment on the north side: Parties: City of College Station vs. Jane A. Preston, et al Cause 426-CC Dated: August 13, 2003 Recorded: Volume 5542, Page 81, Official Records, Brazos County, Texas; as shown on survey prepared on January 27, 2009, under the supervision of Brad Kerr, R.P.L.S. #4502. h. Blanket Easement: From: Sophrina Rush To: Sinclair Refining Company Dated: April 3,1947 Recorded: Volume 132, Page 18, Deed Records, Brazos County, Texas; as noted on survey prepared on January 27, 2009, under the supervision of Brad Kerr, R.P.L.S. #4502. i. Blanket Easement: From: Alton Williams, et ux To: City of Bryan Dated: August 7, 1950 Recorded: Volume 144, Page 114, Deed Records, Brazos County, Texas; as noted on survey prepared on January 27, 2009, under the supervision of Brad Kerr, R.P.L.S. #4502. j. Terms, Conditions, and Stipulations in the Sewer Easement Agreement partly on property in the southwest 'comer by and between: Parties: Linda Preston-Shepard and Hammond Jones Real Estate Development, L.P. Dated: April 27, 2007 Recorded: Volume 7943, Page 153, Official Records, Brazos County, Texas; as shown on survey prepared on January 27, 2009, under the supervision of Brad Kerr, R.P.L.S. #4502. k. Mineral Reservation in Deed: By. Sophrina Thomeston To: Alton B. Williams, Sr., et ux Dated: June 10, 1950 Recorded: Volume 144, Page 609, Deed Records,.Brazas. County, Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument. 1. Mineral Reservation in Deed: By: Linda Preston-Shepard, a single person To: SR Business Investments, LLC Dated: February 18, 2009 0 • Recorded: Volume 8969, Page 64, Official Records, Brazos County, Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument. m. Oil and On Lease, and all terns, conditions and stipulations therein: Lessor: Charles N. Carter Lessee: Ogden Resources Corporation Dated: February 10, 1996 Recorded: Volume 2541, Page 72, Official Records, Brazos County, Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument. n. Oil and Gas Lease, and all terms, conditions and stipulations therein: Lessor: Floyd Henry Carter Lessee: Ogden Resources Corporation Dated: February 10, 1996 Recorded: Volume 2541, Page 76, Official Records, Brazos County, Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument. o. Oil and Gas Lease, and all terms, conditions and stipulations therein: Lessor. Alvin Ruth Carter Flowers Lessee:. Ogden Resources Corporation Dated: February10,1996 Recorded: Volume 2542, Page 220, Official Records, Brazos County, Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument p. Oil and Gas Lease, and all terms, conditions and stipulations therein: Lessor: Jean A. Preston Lessee: Union Pacific Resources Company Dated: October 9,1996 Recorded: Volume 2704, Page 299, Official Records, Brazos County, Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument. q. OR and Gas Lease, and all terms, conditions and stipulations therein: Lessor: George Henry Montague Lessee: Union Pacific Resources Company Dated: October10,1996 Recorded: Volume 2734, Page 226, Offucial Records, Brazos County, Texas. Title to said interest has not been investigated subsequent to the date of the aforesaid instrument r. Mineral Reservation in Deed: By: SF Business Investments, LLC To: Rex Tucker and Mark Mettauer Dated: February 22, 2010 Recorded: Volume 9513, Page 148, Official Records, Brazos County, Texas. Title to said interest has not been investigated subsequent to the data of the aforesaid instrument. Title Company Authorized Countersignature iversity Title Company Title Resources Guaranty Company - - Texas Owner's Policy of Title Insurance -