HomeMy WebLinkAboutB14-0409 title report ���'�,l�����`� ����� Stewart Title - Edwards
� �� 97 Main Street, Ste W-201
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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
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We Appreciate Your Business and Look Forward to Serving You in the Future.
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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:
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Stewart Title- Edwards ���'���o�������'���
97 Main Street, Ste W-201
Edwards, CO 81632 �`�` ��'�� ��
970 926-0230 �" �� `�
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>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 �"'