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HomeMy WebLinkAboutTitle Report03/28/2003 14:19 FAX 9792603564 MITCHELL and MORGAN Z002/010 11 /1?5 /UZ lu:11'j VAN 4uu flu 1000 J1A1z WLNA LF.'Jvly iiMI /y002 17:45 FAX 9i9 VO ;u76 UNIVERSITY TITLE UNWERSIT'V TITLE COMPANY RUSH - PLEASE DELIVER ASAP!!!! PLEAS DELIVER TIM FOLLOVILNG TELWOPY T0- Im �� NAME: xa wntsan S � r r COMPA]vY OR FIRM NAME: State Bank W, TbZECOPIER NUMBER: 693 - 5862 DATE: Novemb=5,2002 TOTAL NUMBER OF PAGES (including oover): 1F YOU DO NOT RECTE E ALL OF THE ?AGES, OR IF YOU IIAVE ANY Q UE57101v8, PLEAS' CALL (979) 260.9818 AETUP-N FAX (979) 268 -3080 COMNLNTS: tiTC# 00024441 I first Faderai Savings and Loan Aesodation of Bryan fn connectiou with the ahove:ef=ncad file, mclased phase find a copy of the t;1]t commitment. YOUR 4" R)FCLOSER ANI) CONTACT' IS LEO LA 1MAXEY!! T17NlkSj / sr3ST BY: Dana Stricklin CvgfidenrialltyNotlre: The. lr• 6; nia: ?or cor941ned in &S- 1=1ml?e [mr.mV.crton l;.P"419994 anpc0%f1dsrtti4: and lsiiirerded only /arlke asa oJlAd ;ndlvidual cruiY�rltryr:mMd abouee Uthe raalrrdrtetwr ofr?�;s ir. rrryga ?r nor tha infenmedrec you ar ghUtdiyno [ ; Ju�dfFulanydWr�nP JlWrldkr.'1 0tnlon, wr. �pyoftll�strfrropy C;DVkdyprolif6rted. /jyoramsnr:ivtddis rrl xvy in rrror, plmue lmmlwwely nolr(y thmertiV l le Company 0 mkphone (40)) 260 A and Mien the or Z; 41 & i oar ao NS m .P, 0 Dm College Samoa. 7X nank ynu. Celia Goode- Haddoch,President 10,21 Uni•crsityDrive East ?0st Office Drawer DT College Station, Texaa 77841 -5079 TetephMe (979) 260 -9818 Fax--(979)!68-3080 wwW.Lti ttQCai7l tiLetYlfA �'�^,,tiCjtle.COrn 03/28/2003 14:19 FAX 9792603564 MITCHELL and MORGAN 11 /i6/uz iu ;io r AA 4ua f1V 1000 1.alL VA01% 11/05%2002 17:45 Far 079 2r 1076 17:I1 TITLE TEXA$ COMM)ITMENTFOR Tip LE T.` SURAKT SCHEDULE A E:l'_Ct, Date: October 6, 2003 ai 8.00 airs. Commim:ent isFaed October 24, 2402, 3:00 a_rn. 1. The policy or policies to be iss¢ed are: (2) OWNER POLICY OFTITLE INSURANCE (Form T -1) (Not applicable fur improved wiz-to-four Farruly residential real estate) Policy Amount: 5250,000.00 PROPOSED INSURED; Srnte Bank (b1 TEXAS RESIDENTIAL OWNER POLICY OF TITLE INSURANCE - ON - E -TO -FOUR. FAMILY RESIDENCES (Form T -1 R) Policy Amount: a PROPOSEDINSURED: (cl - ,AORTCAGEE POLICY OF T :TL.E TNSURANCE (FORM T.2) *Policy Amount: � PROPOSED rNS'JRED: Proposed RorrOW(0- (d) TEXAS $HORT FORM RESIDENTIAL. MORTGAGEE POLICY (Form T -2 R) PolicyAmount: S PROPOSEDINSURED: Proposed .RcTrowcr Z 003/010 OF No. 00024041 (e) .AGRTGAGER TIT POLICY BINDER ON INTERIM CONSTRUCTION LOAN (Form T -13) Sindcr Amount S PROPOSED INSURED: Proposed Borrower: (f) OTHER: Policy Amount: S PROPOSED INSURED: 'e. The intorest in the land soverad by tlis Comrnitrncnt is: Fga Simple 3. Record Tidc to the land on the EfFee:ivc Cate appears to be vesred in: First Federal Savings and Loan Association of Bryan Universky Tidc Company T�xas Commiimom 7-7 (Rc 1 -1 -:3) - SAQ41,lt.A First Arnericall Title I1Mrancc Compazly Valid nAly if 8chean)c A C, D .:nd Cavar arc an WN I 03/28/2003 14:20 FAX 9792603564 MITCHELL and MORGAN Q004/010 11 /16 /U;. lu:10 r.113 dub flu IDJU 31A11'. bAN11 WJ UlL 11/05/2002 17: 45 FR% 072 2 :076 LNIVERSITY TITIE U001(008 SCHEDGU A, - continued GF Na. 0OOZ4041 �. Lem] de�c.i�san of laad: Lot Five IL t'-mj, Block Fourteen C (14C} Finabdivision Plat of Lots 2R, 4R and IR, )Block 14C Southwood Vallcy Section 19, City of CoLege Station, according to plat thereof recorded in Volpme 1005, Page l55 of the Of6c5Ai Record:; of Brazos County. Tezas. Q� 03/28/2003 14:20 FAX 9792603564 MITCHELL and MORGAN a 005/010 11/18/02 10:16 FAX 409 779 1509 SUAM bAi\h 19j 11/05'200= IT FAX 9T9 2`" 2976 1NIVFRSITY T1TIZ 2004 /000 SCREDULE 1a, C-F -M. 00024041 EXCEPTIONS FROM COVERAGE In edditirm rro ihe Exclusions and Conditions and St4+tttadoas, yourPoldcy w,il aot cover loss, costs, attom.Ys fees, stag exprnses resulting iiam: The fotlowiug restrictive cu%cnants of record itemized bellow (Wc must either lnsert specific raco_ding data, of delete this exception): I tem No. 1, St:nedule B, is hereby deleted. 2. Any ciscxepancies, oenflict,, or shortages m area or boundary lines, or any eacroacbments or ptoteugians, or airy overlapping cf tmproven:ents. 3. Homest;,ad or community propany or survivorship rights, if any, of any spouse of any insured. (Applies it) the Owgc: Potty only.) 4. Arty titles or rights asscrmd by snyono, including, but nut limited to, persons, the public, corporations, govcrorn=cs or otLo entities, a to tidel mds, m lands a up i4in; the shores or beds of rtrgable or pdrtmial rivets and stre. au;s, lakrs, bays, gulfs or oceaw, or b. to lands beyond the line of the harbor or bLlUead lints ea established or ohoaged by any govenunew, cr c, to filled -in lands, or:tiUi - ,ial isluids, or d. to statutory water rights, includiog riparian rights, or c, to the area exkudin_ front the line of m m low tide to the , : n e of vbg W doa, or the riazz of access to that an - rrr eas rec ut along and a:: oss that area. (Applies to the Owner policy only.) 5. SMMIby ire% =09 sill =vssmeats by auy taxing authority for the Year 2003, apd >ubscqu= years, sad mb9cqucnt taxes and acee� -crests by any taxing authority for priot ycbr3 dut io change in land usage or ownership, but riot those tares or asme.naeuts for poor yearn because of an exemption granted to a previous owner of the - property under Section 11.13 Texes Tax Code, or because of improvemeat9 bnt acsess for a previous .ax year. (if :cxss Shoe Form Residential Yvrtgagee Policy rT 2R) is issued that policy will 9tibsti;W '�vhieh baoome doe and payable subsequent to Date of Policy" is lien of "for the year a ad subsequent years. ") 6. - 1hc teams and con1tions of the documents creating your interest in the land. 7- M—t, ials fruaiv ccl v: labor perforated in connection' With planned wmtruetion before signing ilia deiiverin$ the lien docuti ent described in Scbedule A, Lr Ae land is part of rho homestatd of the owoer.(Applias to the Mortgagee i itte Policy Binder on Interim Cotlsnitction Leta only, sad may be dcictod if satisfactury evidetxe is P to us before a binder in issued.) S. Liens and leases th2T aMwr 4us title tD &c LvA but tbat arc Eubord Date to the lien of the immured morrga?e.(Applies M Mortgages Policy T 2 only., 9. Tile Exceptions from Cov�gar, and Express Zasumce in Schedule B of the Texas Short .rotor Residential Mortgagee Policy (T -2R). (Applies to Texas Short Form Rsidmtial Mongagee Policy ( only. Separalo Vniversity Title Company Firn AmLrican Tide InsOrauco Company 7e= Co nmlvnc nx T -7 (Rev.: - : -t3 )- Sftduie B V" 0:11Y 1r sc1Wduta A, C, J and Cov ere s bxA y 03/28/2003 14:21 FAX 9792603564 MITCHELL and MORGAN Q006/010 11 /Ib /UL IU:II 1 -1 U U 'I(U lodv alArn nAOh Wj U14 11:05'2002 17:46 FA% 979 2 ^Q 2076 LN12v2 -R$1 Y TIT:.E Q1005(009 SC.HEDUL S - continued GFNIct, OM4041 exceptionv 1 through E aE this Schedule B do not apply to tht Tees 9hW, Form Residential Morgagcc Policy (T- 2R), 10. The Nflowina tnau,= amd all w= vzf %hs documents creating or ofioring evidence of the TW+tws {wz ,sust in9trS warcr$ or dele¢c thh excep a. Rights of Parties m?ossession. (OW-NER POLICY ONLY) b E ns"+++- r s as shown anplat rc ardcd is Vol�nc 1006, Page 155 of rite Opial Records of Brazos County, Texas. C. Mainiemnce and Use Agft= nt by and betty tn: Parties: Area rrvgms Corporv= and United CSttzens Bank Dated: October 13, 1987 Recorded, Volume 1006, Peer 282, Official Records, Brazos County, Texas. d. Blaaket Vi Prom: To: Dated: Recorded: James B, Goolsby r1ty of College Station March 11, 1994 `lolwne 2918, Page 320, a17 sal Records, Brazos County, Texas e. M-=1 Reservation in Deed: By Area progress Corporation To: United C,tizous Bank, MA, Dated: October 16, 1997 R--tndcd: Volume 1006, parr 219, Official Records, Brazos Comty, T=w. Titre To said intr;esthas not bcen mytstigstcd saosequrmtto dic data of ,he aforesaid insxuzueat f. Royalty Resesvatton m Decd: By! F. G, Loug;Wtst et ux To- Roy W_ Kelly, et us Dated: May 2g, 1961 Recorded: Volume 211, page 645, Dud Records of Hrazm :7.ounry, Texas. Title to said nnterezhas uatbeeu investigated sujsequert0o the date ofthe aforesaid inmumert. g. MiAeral Dee3 By: se udiwaod Valley, Inm To: W. D. Fitch, T rustee Dated: May 5 1979 Recorded: Volume 396, Page 613, Peed Pwourds Brazos County, Texas. Title to said intMm h.2.s 3101'0= investigated subsequent to the date of the aforesaid jusmnienl. E 6.--., O,3/28/2003 14:21 FAX 9792603564 MITCHELL and MORGAN IM 007 /010 11 %lb1 U'L 1V:1b i•:9A 4UU YYU lady olAlh BA1\li Z. ulS 1105 '; .002 17:40 FAX S)79 ? ^ 207t UNIVERSITY TITLE �I`d09 /009 SCHEDULE +C GF No. 00024041 Yon; poling will not cover loss caws..ttomey's fees and eatpeasea scraping front the following requiren>ears t w a appear as Exceptions is Schecbtle B of the Policy, unless you dispose of those matter, to our satisfaction, before the date the Fulicy is issues 1. l7uctrenents orating ymur WIV to interest IIWAt apFrtuved by Li and must be siCnod, notarized and filed farzeoetd, 2. SatFsfactory cvidmct tn1a 1 be pr teal Thar no p-son occupying the laird Claims any interest in ;hat land against the persous aimed is patagraph 3 of Scbedo.:e A, all standby fees, races, assessments and charges against tae pmpersy have been paid, - all imirovc= 3ls Of rcpaits to the property are completed and accepted by tbo ewner, and that all contractor,, sub - contractors, laborers and suppliers have beer fully paid and that rio mecSjmn laborer`s or ma:e:iaha&s Jim; baar'e attached to the ptopcciy, CA= is Icgal night of acccas to =d from the land, (on a i4lortgagec Policy only) _ have not beea and will not be viobned that affect era validity and priority o£tho i'Twured mortgage. You ur.ut gay the seIIcr rr borrower the agreed amount feu your property or imarest 4. Any detect, lien or other matter :hat tray affect t ciry ive date of thus Commitment. 'TIC to the Iand Orr interest ind that arises oA is rived after th 5. Iran No. 2 u- 3cbecttle B L•aeof shall be amended to read "shorruges in area ", upoa our rc eipr of an acceptable survey. (As to Mortgageo Policy Only) 6. lt= No. 5 of -Schedule B hereof shell be amendad to rend "standby fees, taxes and essess== by nay taxing authority for the year 2003 and subsequ=t years, but not Aare taxes or assessrnants fur prior vC=V bteaust of ae axetnptien granted to a p%viovs owrtr of the property under Section 11.13, Te-w Tax Code, or be=Ue of improvements not 0sseceed for a previoa: tax year. ", uponpayment of applicablC premium, (As to - Mortgagee Policy T -2 Only) (:f Texas Short Form Resler -suial Mortgagee Policy (T -2R) is ;slued, that policy null sub33tutc "which become duo ;s id payable subsequent to pate of policy is lieu of "for dic year _and subsequeDt vcata. } ". We will require an Affidavit as to Dehu and Liens be Signed and the original provided to us prior to issusutce of any title policies. 8. We w-- require a Waiver of lnspeodot: (Rights of Parties in Passwiort) be sig by the Purc>aaser and the original provides to ue pro, to umazce wl any title policies. 9. We will regr-irc an original 76c Certificate be provid4 showing all tunes paid cturent, prior to isA:auce of soy title policies, (If this transaction is not closing in our office, let us know if we need to ordtr the tax cerdF,cam) 10. ARBITRATION: The Owner Policy of Title- Insurance (Form T -1) and the 'Mortgagee Policy or Title ;muramm (Foy T -2) contain an arbitration provision. It allows the iesured or the Co=pany to require wblfttion u the amount of blsur,,ncc i5 51,000,000 or less. 1f :ire lru :d ww= zo retain thr right to &u. the C,eaapeay in Cage ofa dispute over a claim, the Jnsared trust regeeit deletion of the arbivatioa pmvi itm before the Pe is issued. The losured may do this by Unlversity Title Company First !Amerle as Title 1asu az" Company 're ;es C.umm,nua, tT-7 (Rcr_ 1-1-93). Schedule C Valid pctIy if Schadule A. B, D 'wd Cover zrc zae licd 1 z 03/28/2003 14:22 FAX 9792603564 MITCHELL and MORGAN [7j008 /010 1111b1 JU:16 !''AA 4UV ( IV LD.)U orarz Dada 11!05%:002 17:47 FA3 979 7 °`r :0% tNIVERSITY TITLE 12 OOif009 SCI MDULE C - continued GF No. 00024041 sig 2 the btletirm of Arbi7adon I rovision faun and rtnL -ning it to tbsc Company at of bdo 6: closing of the ral rstasc tr=acdon or by wr:Psg to lire Company. NOTE I: Ifyou ne the kadcr in the ttansaaloz sad desire deletion of the Arbitration Provision , please inform us dough your IQ= closing instructions. :VOTE 2: This does not apply to Te : - ResideAtial Owne: pokey of Title Insurance -One, to Pouf Family Residences_ If you are the purcba n of non - residential ptopetty ­d desire the caption of fie ,Arbitration Provision, a form will be presented to you ut closial for execution. il. If subject transaction will utilize a prior survcy, vre will require a full sane, legible copy of said Surrey, wjW the surveyor's field notes, if any. Upon receipt of'the auisting survey, we reserve the right to detamine wbethez said survey i, sccepmble for imsuring puaposes according to our uudarwnter guidulines. Fora copy of the rm$crwriiing guidalinas, picric call our olfica NOTE: While a survey maybe acccptablc for inswing pw all su veyS arc subject :o final approval by Icnder. University Title Company Bv: _ ». orizea Conrrasc1�71ar (LBSgrrol OV-/ E 03/28/2003 14:23 FAX 9792603564 11/18 1 02 10:19 FAX 409 779 153V 11105.2002 17:47 FIX 979 " "' 2076 Pursuant to the regeiremcnts ofP :lle? -31, Ba of Texas, the followmg disclamm we made: MITCHELL and MORGAN 1 009/010 STATE; BANK C. u17 UNIVERSITY TIT:E 11008/009 SCHEDULED OF No. 00024041 sic Manual of Rules, Rates and Fomis for the writing of Titrc jasutance in the State 1. VNDERWRITER: First Amer 3n Tiilc Inottrsace Company of Texas, a Texas corporation. SltatehOIdtr o wlin- or controlling, directly ox indirecily, tea per(et or more of the shm of Fitt American IXtle I mrw= Compny of Tex as: First Azeriean Tide ;wu=e Coinpay, a California 4aporadon - :00% Ditootors. Tom E. Black -we11, Chsrlei E, Odom, laci:,M. Waldhe)m Ofjkm: President: Tom E. Blwkwv 9; Senior in:: , President lMuk C, Greeic; SC Vice Presidnt & Secretary: Charles E. Odom; 8rnior Vicc nesidaU & Titaswcr: YaekM.'W'aldbcjm 2. A(ZNT: U- MTY TITLE C0W. A`'Y a 714e names of each shareholder, owner, partner or Other pason having, owning or coatrolllnp one percent ;1l) or more of rho Title Innutauce Agew tha t w;jj receive a pumoo of t11. prrrnutrn ale as follgrs: Celia Goode William C. Lipsey Michzcl R :YceIsGhcr u. Each shareholacr, owner, Palmer or other pu.aa having, owrssg or - nnollmg ten. pern:nt (10Yo) or morn of an cn6ty thathas, owns or controls ow percent (1 %) Or mare of he Title Ins=Ce Agent that will receive a portion of the amnft to ace ae fo1lovvs: not applicable c. Tho fallowmg persons are efficers and directore of la Title Insurmce Agent; QPnca buectors president - ^alis Goode Celia Goode Vice President - .Michael R. Hoelscber -V hml R Hoelscher Sec :cWY /Treasurer -W C.lipsoy "William C. Lipsey Yua — a ttirled to mceive advance cisclosute of settlerntnt rbarges in co7mecuion with the pmpos =d trmsac3on to which &Le cemtaitment relates. Vpon your requeg, such disclosure will ba madt to you, Additionally, tho n=o Of any person, fam or eocporxtioa r-c- -n u any sL= kom the set lem= of this tr23saLTion w:li be disclosed 4ai the closiE�g or settlemear xtammprrt. You are tluthcs advised that the estimatcd tWe prerrdwie is: Owners pohcy S _ 1.s36t Nfartgage Policy $ - Eador;anent Charg $ TOW S 1,934.00 Of t',k total amounc 5 or 15.00% will be paid to the policy issuing Tide Insuranco Cerrp S Or 83.00 will be retuned l�Y the issuing Title ias ua„rcc Agent, and 'Lie tcmaurder of -05 estimated PT UM n wall be paid to o &cr parties a5 follows; Amrnmt 5 S To Whom F or Savice5 A AA 03/28/2003 14:23 FAX 9792603564 MITCHELL and MORGAN Q010/010 11/ 10/ VL 1V1V 1':]A ""•���• •••�•'•• � _..�. 11 ?2002 17148 F-iX 576 268 2!)76 1"NIVER3ITji TITLE [a 009ioo9 SCHEDULE D - continued Gi No. 00024041 * lk estimated premium is based upcn :nf=aad= famished b us as of the dace of this Coummift=t for Tizlc hswA= Final detanninadon of the amount of the prcnium will be anode at closing in accordance wi0: the Rules and Regabhow adopted 'sy th° Space IIoard of Itisurwce. Its 9 11/ lot ur lv. 1.7 rt1A 4vo to —vo .7ltalr, DIUNA li 03/1002 11:45 F.43 9 i8 2V ZU76 X-NIVEt9ITY TITLE UNIVERSITY TITLE COMPANY RUSH — PLEASE DELIVER ASAP!!!! PLEASE DBLdVEIt TIM FOLLOWING TELECOPY TO: NAME: Kay Womou COMPANY OR FIRM NAME. State Bank TELECOPIER NUMBER: 693 -5862 DATE: Novembcr 5, 200"; TOTAL NUMBER OF PAGES (including coves Aviv 00011 V 14+n+`��ph w� IF YOU DO NOT RF.CT"M ALL OF THE PAGES, OR IF "'OU 13AVE ANY Q UEST1014% PLEASE CALL ( 979) 260 -3819. RETURN FAX (979n 268 -3080 CONIM—ENTS; UTC# 00024041 / First Fadaral Savings and Lnan Absociation of Bryan In connection with the above refcmmgd blej endosad phase find a copy of&s gilt eonurtienam FOUR PR&CLOSER AND CONTACT IS LEOLA MAXEY!! Dana St6rjjln Cotfrd )JaaAyNedcc 7 he 1mA6nnarroncOW# wdInfhtfhcOnUerrnnmdcrron y 9 de yidlrirumded for lire eaa ofrhe indrrrduar cm&W Cnd1Y nmmsd ab" , 1lAe ruler er rayhrr of rr.& mwsq� Is mW dre rataretror pN,� you arelk�Ey. rou( rodrtvrenydsy�pyq�adWr. dC �lDraron. orropyofaMSrr leeopylrmkdrp�re;�bdted /rj�lra►= .sci.+edOws rawd rdec off rn error, y r, r meq nor�y V-V— ME CmV—Y 0 mWk NO) 2604DB1 B ma meifum elm or+dsnd w.at 0x1091,0 DrawerDT CollegeSradOe, 77 -5074 vie LWWd$m/aPostarss"jCC 7hnkyou. cclia Gouda- 31addoc14 rreaident 1021 Univcrsity Drive Fast Post Offiioe Drawer DT College Station, Texan. 77641 - 5079 TeTephone: (979) Fax: (979) 268 - 3080 wwwxu dawm titleinfe®utitle_com 11 /L01 VL 1V.LV r AA •Va rra i.,00 �.••.++ ..�.•. 11/05/20C2 17:45 FAX 979 2P 1076 UNItiERSITf TITLE TU AS COMMTrWNt' FOR TrME3NSVRhNCF, SCHEDlZE A Eflcetive Date: October 6, 200: at 6.00 a Commimrert isp. - A October 24, 2p02, 8:00 a =L 1. The policy ar policies to be issued are: (a) OWNER POLICY OF TITLE INSURANCE (Form T -1) (Not applicable for improved uusAo-foar family msidtmtiW roll estate) Policy Amoimt: 5250,000.!0 PROPOSED INSURED: Sate Bank (b) TEXAS RESIDENTIAL OWNER POLICY OF TITLE INSURANCE - ON&TO•FOUR FAMILY RESIDENCES (Form T -1 R) policy Amotmt S PROPOSED INSURED: (c) MORTGAGEE POLICY OF TITLE INSURANCE (FORM T.2) Policy Amosmr T PROPOSED INSURED, Proposed Aurrowrr. (d) TEXAS SHORT FORM RESIDENTIAL MORTGAGEE POLICY (Form T 1R) Policy Amowlt: PROPOSEDINSURED: Prroposed Borrower_ la 002/008 OF Igo. 00024041 (e) 1AOR7'GAGEE TITLE POLICY BINM ON INTERIM CONMUC ION LOAN (Form T -13) Rindor Amount S PROPOSED INSURED: Proposed Borrows. (f) OTHER. Policy Amount: S PROPOSED U SL:RED: 2. The inures in the land covered by this Commirmcnr is Foe Simple 3. Record Titic to the land on the Effectivc Cate appears to be vexed in: First Federal Savings and Loan Association of Bryar Uaiversi y Title Company Texas Conmilmenl 7.7 (R,--. 1 -1.93) - Sahadule A First Arnerieatt Title iMsurance Comps Valid poly if Sehodule8, C. D and Cover ammran li /1V/ VG 1V.iV rAA -*VV 110 LUOV OAn&1 V! Ill 11/05/2002 17:45 F.9I 979 2r 107E LVIVERSITY TITLc SCE EDLIE A. - continued WJ V1G Q 003( 009 OF No. 00024041 4. Leya] damiption of land Lot Five R (Sl), ZBo& Fourteen C (14C), Rm abdis ision Plat of Lots 21t, 4R and 3R, flock 14C Soutbwood VaRcy Section 19, City of College Station, according to plat thereof recorded in Volume I00b, Page 155 of the Otiirisi Tlwor& of Brazos Camtty, Te=as. 11/10/UL lU:lO rAA 4v I t 1.7J arnar; nnivn 11/05.12002 1T: 45 F. 9T9 4P' 2076 lib TITLE SCMDULE S EXCEP'JCIONS FROM COVERAGE W-J V1J 12 004 /006 GF No. 00024041 In ed&ti= to the Exclusions and Condtiow anct St�pak ions ymr Policy will not covet 1=6 costs, attatnc s ices, cad Cq)W seS rr:sniting a0l; 1. The followiug restrictive cuicua= of record itemized below (Ric must either insert specific reco:dmg data or delete this exception): Item No. 1, Schedule B, is hereby deleted. 2- Any discrepancies, ecn$iets, or shortages m aria or bo=d=y lines, or any encaoaebmeats or ptoemmims, or any overlapping afauprovementc. 3- Homestead or community property of 3urviv orshdp tights, if any, of any spotiac of any insane (Applim Lo the 0- 1=Pelicy only.) 4. Any Shies: or rights asserted by anyone, including, but not limited to, persoas. the public, corporations, govcrarpetl[s or oth" entities, a. to tidelands, or lands comprising the shores or beds of rar_gable or p=nniial rivers and etir,ams, lakes, bays, gd& or oceans, or b, to lands beyond the line of the harbor or bu&uead Hn= ea established or ohtiuged by any governmecrt Cr C. to grad -in land% or artificial islands, ur d to statutory water Tights, inaludiog riparian rigb% or V. to die ruea extiading from the line of me= low tide to the lints of vegetation, or the riglm of acuess to that area or easemr-•+r along and across rinds area. (Applies to the Owner Policy only) - Standby flees, taxes and ssse€srneats by any taxing aiirrhority for tlLe ;ear 2003, and eibsxqurar y am. wad snbeaqucut taxes aryl aeceaslmc is by any taxing amhaxity for prior ycw3 due to change, in land usage or ownership, but xaot those tares or assessments for prior years because of an exemption granted to a previous owm of the vtoperCy under Section 11.13, Texas Tax Code, or because of improvements ant assessed for a previous tax year. (If Tc r.< M=t Form Rcmderrtiai Mortgagee Policy Cj .2R) is issued that policy will Substlate which bean doe ead payable subsequent to Date of Policy its lien of " fm tt year and subsequent years. - I 6. The to= and conditions of the documos as creating your interest in the 14nd. ?_ 3liaJmd3ls frnnbLod yr labor perfotmed in cannearon with nlanarsi m astiuction before sib anti dsliverimE the licit document described in Sehednle A, i_F the load is part of the homer lxad of tbA owner.(Applies to the Mortgagee Title Policy Binder on Interim Construction Lena only, and =my be deleted if satisfactory erideace is rimn;shed to us before a binder is issued.) S. Liens and ltast+s that affOUi flue title to ffic bard, but than arc gibordinale to the lice of the instrrd mortgage.(Applies TO Moagagea Policy T 2 only) ?. 71 e Exceptions from Coverage and Express k=reuce in Schedule B of the TMr Short Form Residential Mortgagee Policy (T -2R)- (applies to Tem Short Foy Residential MoTr gee Policy (T -Zg) �Y. g,.p University Title Company 1+irsr American'1"de IMranco Company 74= Commlana:e T -7 (Rev.: - : -93)- Schedule B Valor Ouly if Sebtdula A. C, D and Cover a1�4 it /110 /VL LV.tI rJ%XL yV0 110 110 00 1-- -[11111 11/05 2002 17:46 FPl.1 979 Y °Q 2076 UNIVERSITY TITLE SCHEDUT.E 3 - couldnued W:1 V 1'! la005/009 Or Na, 00024041 - ceptio- 1 through a of rbis Schedule B do nat apply to the Tmcas Sbar, Fo= Residential Mongagcc Policy (T- 2tt), 10. The f• -ine Ma u= and all 0: of the docuD =b -eating or offcriag evidence of the metbm two Em hxm matrc s or delete this excepiioa): a. Rights of Parties in Possession. (07r!'M POLICY ONLY) b Easemears as shows onplatrxordcd is Volmnc 1006, Page 155 oftbe Official Pewrds of Brazos County, Texas. c. Maiateaance aud Use Ag =m=ot by,nd belsrecn; Parties: Area hvgmu Carporawn and United Citizens Beak Dated: October 13, 087 Recorded: Volume 1906, P asc 2282, Offteial Records, Brazos Couxity, Texas. d. Blanket Uary Easement Frain: Jaum B. Goolsby To: City of Couege Station Dated: March 11, 1994 Racorde& Volume 2918, Page 320, OMeM Records, Brazos County, reins. e. Mineral Reservat<on in Deed By Area f rograa Corporation To: United Citizens Bank, N.A. Datcd: Oetobar 16,1987 R=mdcd: V cblme 1006. Pam 2?9, Official Records, Brazos County, T=a& Tittle m said irrt=m has nor bacu m, cstip:tcd mbsaQuentto �e d=z of u nfote---id ins=meat f, Royalty Reservation in Dead; By! P. G. Longmire, et ux T o - Ray W- Reny, et ti- Dated May 25,1961 Recorded; Vob=t 211, page 645, Deed Records of Brazos r miry, Texas_ Title to said interest ha, uat been kvestigatcd subsequent to the date of the atomaid itletrameut. g. Mineral Deed: BY: Sou&wood Valley, Inr- To: W. D. Fitch, Trutce Dated: May S, 1978 Recorded: Volume 396, Page 613, Deed Rrscards, Brazos County, Texas. Title to said interest hag net been it esdSateJ %mbsegww to the dare of the a&resaid =sattsr mL ION 11/ La/ Vt. 1V-" r.-%A 4vv 1 fa 1VJa 01211Z', DK1V 11!03!2.002 1 ?:40 Fel,3 979 2 °Q 204E UNIVERSITY TITLE SCHEDULE C WJ VZJ Q 006 to09 GP No. 00024641 Your policy % not cover loss, costs, attorney's fees, and expeesea realking from the following requae=M= Thar WM appear a Exceptions m Ss hednle B of the Policy, unless you dispose of these tnatteta to our Satisfaction, before he date the Policy is imcd -- 1. Duc—ts prating your wiz or interest must ba approved by w and =at be signed, notsri2--d and filed forreoord. 2- Satist evidd=t mast be provided tbar no pr~sea occupying the land claims any interest in fbat 1mad against the penous named in p2tagaph 3 of Subedstle A, all standby fees, taxes, assessments and Charges against the pm ertyy have been paid, all or repairs to the property are completed and accepted by tbo owner, and that aU contraetore, sub- contracmr 4 labarera and m4n4l= have been fully paidk and that no mechanic's, laborerb or Materialmea's ]leas have attached to the prope ty, there is 1,;Apl right of access to and from the l :nd, (On a Mcr%ageo Policy only) xsti7cbM haYC not bees and w4 n ot be vtobxttd that affec the validity sad priority of the unwed mortgage. 3- You neat Fay the scllcr or boaoacr the agreed amouur for your property or irmresr. 4. Airy defect, lien or o*w mattrr that may affect title to the Iaad or interest insured, chat arises of a Med after the effective date of this Committncat. 5- Jiam No- 2 of Schedule B herrcf shall be aareoded to rcad "shonages in area', upon our rcm„prof an acceptable survey. (As to Mortgageo policy only) 6. lt= No. 5 of Schedulo B bm'Of SIMM be sm=KW to read "standby few, tams end aswm,.,r„w by say trig authority for the year 2003 sad subaequMT. yeas, but not -rose taxes or assessments for prior yc=x bectust of an metoption granted to a previovt owner of the property Under Section 11.13, Tits= Tax Code, or beca use of imptbveameats not asseseed for a previous tax year. ", uponpaymmt of applicable prc=h2 r. (As to Mortgzaee Policy T 2 Only) (If Texas Sh*A Forts 21-cid W am MOt%Ape pplj�, (T -2R) is isssted, that Policy will =lb -amua 'tivbic3r become duo gad paWblc subsequent to Date of Policy" in lieu of "for the yeast _ and subsequent years.' 7. We will require an Affidavit as to Debts and liens be &*ad and the oriond provided to us prior to issaaacn of any title policies. 3, We w-�U require a Wi ivcr of lnspeodon (Rights of Parties in Pbssassion) be signed by the 1 chaser and the originid Provided to - pr-or to issuance of any tide policies. 9. We -4 req=v am M T— Card&=r b pro tided, showing aII taxe9 paid Ctrl M, prior to is6ltattce of any title policies. (1f this tr MCt on is Aot Closing in our office, let as kr►ew ifwe need to order the tax cabFcate.) 10. ARB1TM110K The Owner Policy of T & Insuxance (Form T -1) and the Mortgabme Policy of Title Luau r=e (Fa m T -2) contain as aibi -tiou provision. It allows the Insured cr the Camspany to rcquim arbitration if ttim amosmt of IDtuxmoc i s S 1,000,000 or less. If ;ire h wired wears m retata the r gtu m sue g C is cage Of,, diSpUw over a clAtm, the Jnsmnad must reques drletim of the azbiaatioa provision beiwe the Policy is issued. The 1wured may do this by University Title Company 'rears Cmmfieuo,l T -7 (rev- 1a as) . schedule e First - 4imerican nat Jaseraucc company Valid C r* if Sd Wale A. B, D and Covet are utnbcd (n 11 /10 /vL. iv. iv r'AA '*VV f 10 avvo » -• - --. .••+••.• — -- 11/05/2002 17:47 FAX 979 7 °z 2076 UNIVERSITY 'TITLE laOU7 /009 SCIMDULE C - continned GF No. 00024041 string die Deleuam of .Arbitration 1 town and xe mxniug it to rho Congwy at ar lxinn rho closinz of the teal estatc trwacaon or by writ =ng to *e CoMany. tipTE 1; If You are thr kndcr in the transacdoa snd desire deletion of ttte Arbftmtion Provision, pkasc wMan us dMau➢h your Iona closing mstsweriam. NOTE 2 This does net apply to Te:= Rewdcatisl Owner Policy of Titlt ln, - One to Foot Family Residences_ If you am the purrhams of non- rmidtudaL progeny and desim the deletion of Yoe Arbitrasion Proyision, a form will be praseuted to you at closing for execution, 11. Yf sabjeet tramactiear wiII nb7in a prior ssu vcy, we +vM :egaire i Grl1 eimy leg+ble ropy of said sai*o7, writh the curreyWs bald notes, N any. Upon rec*t of the e!asting survey, we reserve the tight to dens mium whether WA survey is accepmble for lnmmi[ng purposes according to otu underwriter guidelines. For a copy of the rmdmwmtng guidelines, plcasc Gall our osico• NOTE: While a mNcy may be ur:ccptable for inswing pa. all surveys are subject •.0 dial appmval by lender. University Title Company By. _ Covntar7gga►rars ([.7rSQm) -. 6�-/ 11/ 1V/ Vt. iV.lO r1L YVD lip —VV LnLr, DrulU 11/08/2002 17:47 F.&% 978 - 2078 LNIVIMSITY TITLE SCHEDULED la 008"009 GF No, 0007:1041 I'mu t m the ceguirc=nts of P.uie p -21, Basic Matwal of Rules, Razes cad Forms for the uniting of This Luummee is the Sate ofTem, the following diselncorec are made 1. 'tM- E; <tWRrrF,R: F= Amedun reds Inse mce Company cf Terns, a Tmrns cotpornEert Shareholder ovr,Mg m canttolling, &—tly oc: in&Wdy, rem petrC:t or mate of the sharea of Fist American T kIc Jns:>taace Company of Texas: Fist American Tide :osurince Company, a CaliFomia owpmration . 100% Directors: Tom E. Blackwell Chsrlm E, Odom, Jack M. Waidhehn OMAM Pzmdam. Tom 1r. Hlac1`wd4- Servo Vice PRSidanh Marls Q Gteelq 3r. Vise president & Seaemr}r. Chcries E Odom; &miar Vice Pie-idcu & Titmurcr: lack M. Waidhelm 2. AGENT: UNTVER rrY T1Tu coNaA NY L Tm aamea of each sharmholder, owner partsrer or othetperson owning or couWang one peasant (1 ° !o) or awre of rho Title LbmAQM Agent that wM receive a pion of tl= p= sat as fWam'. Celia Goode w8iam C. L#my Michael R. Hcelscl= lx Each s mr1oldar, owner, putmer or other pe m having„ uwr4ng or mmaoIting tea peromt (10%) or mere of an entity t lam, arras or coltrols one paccut (IV.) or mom oftm Tide Inga= co Agent ftat'n71 receive a portion of the premium ere as reposes: ao gViWable C. The following persons are Officom and dreamers of de Tulle Insurance Agent. - .^.elia Goode Cslia Goode Viva president - Vlicbael R Hoelscher 89lebael R Hoelscher SeccemylTrus= - Wi,,,ram C. Iapeey William C. Lipsey You are eznided to mceive advance dUclome of smdement chaises in cumecpOn with the proposed t msncdm to which dw commitment itlaus. Upon your:&quest, mch disc1mut will ba =Ode to you. AdMona4, lie arcs of any pawn, fmm a ccq Ombm rec6 6 Kay sum from the m tria= of tins treataQ&n will be dncbged an lbe closing or sec&meat araM=7A= You are farther advised that the estimated we preati W is: o mespolicy S L934.00 Mastgage Policy S - Endammuent C:hnrgcs S Total S I.,t.Otl Of this total amount S or 15AW1 will be paid to the;3oliey ic� m g Title lusLmce o� be retained by the issui Title h_rA ice " s or 83.00 wM foilowr; ASS, end the . momder of flee P � WM be PE, to other pmtf as A 3 S S To Whom For Saviors is " 11 `o5i2002 17;49 F_ 979 288 2b'8 L�IVERSIn TITLE 12009io0b SCHEDULE D - continued GF No, o0 02I04I s Tbc d premium is sexed upon inf=mdon famided. b us as of do dtte of chic C =mitnecr for m Ias=am Final demtzadon of the mxwsmt of the premium will be ,made M closia6 in Aoeoedame with the Rinse and Regulations adopted by the Smm Bond of Insurance. I RS