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HomeMy WebLinkAboutB14-0409 title report ���'�,l�����`� ����� Stewart Title - Edwards � �� 97 Main Street, Ste W-201 View your transaction progress 24/7 via Stewart�nline Edwards, CO 81632 Ask us about your login today! Date: September 10, 2014 File Number: 01330-47056 Property: 595 Vail Valley Drive,A11, Vail, CO 81657 Please direct all Closing inquiries to: Please direct all Title inquiries to: Cindy Denney Linda Williams Phone: (970)766-0232 Fax: (970) 926-0235 Phone: (970) 766-0234 Email Address: cdenney@stewart.com Email Address: Iwilliam3@stewart.com SELLER: BUYER: Steven T. Nelligan and Melissa H. Nelligan Robert K. De Veer Jr. �` Delivery Method: Emailed Delivery Method: Emailed Listing Agent: Selling Agent: Berkshire Hathaway HomeServices Colorado Properties Sonnenalp Real Estate, LLC 511 Lionshead Mall 242 E Meadow Dr Vail, CO 81657 Ste D Contact: Alida Zwaan Vail, CO 81657 Phone: (970)476-2482 Contact: Tyra Rudrud Fax: (970)476-6499 Phone: (970)477-5300 Email: alidaz@vail.net Fax: (970)477-5301 Email: tyra@srevail.com Delivery Method: Emailed Delivery Method: Emailed ���-� � � � � � � We Appreciate Your Business and Look Forward to Serving You in the Future. ��� ��� ����'� Stewart Title - Edwards 97 Main Street, Ste W-201 Edwards, CO 81632 (970) 926-0230 Escrow Number: 01330-47056 WIRING INSTRUCTIONS US Bank 535 Westminster Mall Westminster, CA 92683 Beneficiary: STEWART TITLE ACCOUNT #: 153910695060 Routing/Transit#: 123000848 PLEASE REFERENCE: Escrow Number: 01330-47056 Escrow Officer: Cindy Denney Property Address: 595 Vail Valley Drive A11 Vail, CO 81657 Buyer/Borrower: Robert K. De Veer Jr. "Please be aware Stewart Title cannot accept ACH'S to our Escrow AccounY' File No.: 01330-47056 Page 1 of 1 . ALTA Commitment(6/17/06) ALTA Commitment Form COMMITMENT FOR TITLE INSURANCE Issued by STEWART TITLE GUARANTY COMPANY STEWART TITLE GUARANTY COMPANY, a Texas Corporation ("Company"), for a valuable consideration, commits to issue its policy or policies of title insurance, as identified in Schedule A, in favor of the Proposed Insured named in Schedule A, as owner or mortgagee of the estate or interest in the land described or referred to in Schedule A, upon payment of the premiums and charges and compliance with the Requirements; all subject to the provisions of Schedules A and B and to the Conditions of this Commitment. This Commitment shall be effective only when the identity of the Proposed Insured and the amount of the policy or policies committed for have been inserted in Schedule A by the Company. All liability and obligation under this Commitment shall cease and terminate six months after the Effective Date or when the policy or policies committed for shall issue,whichever first occurs, provided that the failure to issue the policy or policies is not the fault of the Company. The Company will provide a sample of the policy form upon request. This Commitment shall not be valid or binding until countersigned by a validating officer or authorized signatory. IN WITNESS WHEREOF, Stewart Title Guaranty Company has caused its corporate name and seal to be affixed by its duly authorized officers on the date shown in Schedule A. Countersigned by: �1 ��� ��, � . �G` ` ; t�tl+� guaran�y campar°�y v'�'�; .�. �rixeet Cc�€�ntersir��ture °°° M�ti Mcsrri� t '�����, Pr��icie�+t and C�{� Stewart Title- Edwards ���'���o�������'��� 97 Main Street, Ste W-201 Edwards, CO 81632 �`�` ��'�� �� 970 926-0230 �" �� `� � ) � ��`"������ C7eni�e� rra�u�;x >ecretary Copyright 2006-2009 America�Land Title Association. Ail rights reserved. � The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. "�',''.'..'`..":.'.`' All other uses are prohibited. Reprinted under license from the American Land Title Association. � "��� File No.01330-47056 004-UN ALTA Commitment(6/17/06) CONDITIONS 1. The term mortgage,when used herein, shall include deed of trust,trust deed, or other security instrument. 2. If the proposed Insured has or acquired actual knowledge of any defect, lien, encumbrance, adverse claim or other matter affecting the estate or interest or mortgage thereon covered by this Commitment other than those shown in Schedule B hereof, and shall fail to disclose such knowledge to the Company in writing,the Company shall be relieved from liability for any loss or damage resulting from any act of reliance hereon to the extent the Company is prejudiced by failure to so disclose such knowledge. If the proposed Insured shall disclose such knowledge to the Company, or if the Company otherwise acquires actual knowledge of any such defect, lien, encumbrance, adverse claim or other matter, the Company at its option may amend Schedule B of this Commitment accordingly, but such amendment shall not relieve the Company from liability previously incurred pursuant to paragraph 3 of these Conditions. 3. Liability of the Company under this Commitment shall be only to the named proposed Insured and such parties included under the definition of Insured in the form of poli�y or policies committed for and only for actual loss incurred in reliance hereon in undertaking in good faith (a) to comply with the requirements hereof, or (b) to eliminate exceptions shown in Schedule B, or (c) to acquire or create the estate or interest or mortgage thereon covered by this Commitment. In no event shall such liability exceed the amount stated in Schedule A for the policy or policies committed for and such liability is subject to the insuring provisions and Conditions and the Exclusions from Coverage of the form of policy or policies committed for in favor of the proposed Insured which are hereby incorporated by reference and are made a part of this Commitment except as expressly modified herein. 4. This Commitment is a contract to issue one or more title insurance policies and is not an abstract of title or a report of the condition of title. Any action or actions or rights of action that the proposed Insured may have or may bring against the Company arising out of the status of the title to the estate or interest or the status of the mortgage thereon covered by this Commitment must be based on and are subject to the provisions of this Commitment. 5. The policy to be issued contains an arbitration clause. All arbitrable matters when the Amount of/nsurance is $2,000,000 or/ess shall be arbitrated at the option of either the Company or the Insured as the exclusive remedy of the parties. You may review a copy of the arbitration rules at<itttp://www.atfa.orc„�h. All notices required to be given the Company and any statement in writing required to be furnished the Company shall be addressed to it at P.O. Box 2029, Houston,Texas 77252. Copyright 2006-2009 American Land Title Association. All rights reserved. � The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. }"'-`���"'�'-��'��'° All other uses are prohibited. Reprinted under license from the American Land Title Associa[ion. ���°'�� '��`���� File No.01330-47056 004-UN ALTA Commitment(6/17/06) #��. . _ . _. _ COMMITMENT FOR TITLE INSURANCE SCHEDULE A File No.: 01330-47056 1. Effective Date: September 03, 2014, at 8:00 A.M. 2. Policy or Policies to be issued: Amount of insurance (a)A.L.T.A. Owner's Policy 2006 (Extended) $1,547,500.00 Proposed Insured: Robert K. De Veer Jr. (b)A.L.T.A. Loan Policy Proposed Insured: 3. The estate or interest in the land described or referred to in this Commitment and covered herein is: Fee Simple 4. Title to the said estate or interest in said land is at the effective date hereof vested in: Steven T Nelligan and Melissa H. Nelligan 5. The land referred to in this Commitment is described as follows: Unit 11, Building A, MANOR VAIL,A CONDOMINIUM, According to the Condominium Map recorded as Reception No. 104836 and the Amended Condominium Map recorded July 19, 2006 as Reception No. 200619319 and the Amended Condominium Declaration for Manor Vail recorded July 1, 1974 in Book 235 at Page 346 as Reception No. 131285 and all amendments thereto. COUNTY OF EAGLE, STATE OF COLORADO. Purported Address: STATEMENT OF CHARGES 595 Vail Valley Drive These charges are due and payable A11 before a policy can be issued Vail, CO 81657 Basic Rate 2006 Owner's Policy: $3222.00 Owner's Extended Coverage: $65.00 Tax Certificate: $20.00 Copyright 2006-2009 American Land Title Association. All rights reserved. � The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. ";'•:°�:.`� All other uses are prohibited. Reprinted under iicense from the American Land TiUe Association. ��"' � ��""� File No.01330-47056 Page 1 of 1 STEWART TITLE � CO STG ALTA Commitment Sch A STO GUARANTY COMPANY �"'