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Home My WebLink AboutDRB160033_Title Report_1455046200.pdf Feb, 8 2016 3:44FM No. 1244 P. ' Land Title Guarantee Company Date: May 10, 1999 PETRUS MANAGEMENT CORPORATION, A TEXAS CORPORATION C/O HUGHES&LUCE 1717 MAIN ST., STE 2800 DALLAS,TX 75201 ZAMMURAD B. PEROZE Enclosed please find the title insurance policy for your property located at LOT 28, ELIC 7, VAIL VILLAGE 1ST FLG Please review this policy in its entirety. In the event that you End any discrepancy, or if you have any questions regarding your final title policy, you may contact Title Department Phone: 970476-2251 Fax: 970-476-4534 - Please refer to our Order No. V265614 Should you decide to sell the property described in this policy, or if you are required to purchase a new title commitment for mortgage purposes, you may be entitled to a credit toward future title insurance premiums. Land Title Guarantee Company will retain a copy of this policy so we will be able to provide future products and services to you quickly and efftctently. Thank you for giving us the opportunity to serve you. Sincerely, Lancs Tide Guarantee Company Feb, 8. 2016 3:44PM No. 1244 P. 2 , I AMERICAN LAND TITLE ASSOCIATION 4 OWNER'S POLICY j (10-17-92) '' • 1 CHICAGO TITLE INSURANCE COMPANYe. N. .I Y1i 0 SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS AND STIPULATIONS, CHICAGO TITLE03 •Q INSURANCE COMPANY,a Missouri corporation,herein called the Company,insures,as of Date of Policy shown 1 in Schedule A,against loss or damage,not exceeding the Amount of Insurance stated'in Schedule A, sustained or Ki td incurred by the insured by reason of: Lx it 1. Title to the estate or interest described in Schedule A being vested other than as stated therein; 2. Any defect in or lien or encumbrance on the title; , `. 3. Unmarketability of the title; lit 4. Lack of a right of access to and from the land. The Company will also pay the costs, attorneys'fees and expenses incurred in defense of the title,as insured,but only to the extent provided in the Conditions and Stipulations. i1 In Witness W7=eri of,CHICAGO TITLE INSURANCE COMPANY has caused this policy to be signed and sealed as , ri of Date of YoIicy shown in Schedule A,the policy to become valid when countersigned by an authorized signatory. im iN I. g ,•.r I 15 ISSUED BY: li CHICAGID TITLE INSURANCE COMPANY g LAND TITLE GUARANTEE COMPANY By - 1,, 108 S. Frontage Rd. W, Suite 203 ' i P.O. Box 357 • v X Vail, Colorado 81658 {,,� (97I]} 475-2253 Fax (9'7Q) 47U-4534 '' - _e II; t'resldent I• ' '_'-4. q..4..•$±,:7-- *.i. ' ''' :,` By, ji 1): , cy .:;.'./ t NI $ Secretary a w • Sier:3V 1' X 'its• r .43aCatIVT•SAI�" - �" AZNIZTNI - ALTA Owner'a Policy(10-17-92) 06 0067 106 2913 Feb. 8. 2016 3:44FM No. 1244 F. 3 .. LAND TITLE GUARANTEE COMPANY Date June 10, 1999 ENDORSEMENT 110.3 Case V2656I4 Policy CTEn265614 Loan 1/ Property Address .LOT 2E, PLX 7, VAIL VILLAGE 1ST PLC Owner =WS WINAGEMENT CARPOT�ATIQN, A TEXAS CORPORATION XTENS 1 THROUGH 4, 6 AND 11 OF THE GENERAL. EXCEPTIONS ARE HEREBY DELETED. ENDORSHENT 103,1 INSURES OVER ITEM e VERSUS ITEM 6. THE SURVEY REVERED TO IN SCHEDULE E IS DATED APRIL 30; 1999. This endorsement is grade a part of the policy or commitment and is subject to all the terms and provisions thereof and of any prior endorsements thereto. Except Co the extent expressly stated, it neither modifies any of the terms and provisions of the policy or commitment and prior endorsements, if any, nor does it extend the effective date of the policy or commitment and prior endorsements or increase the face amount thereof. Countersigned: 2NCL4C641-11-" 401913446-1-4r Authorized Officer or Agent Representing Chicago Title Insurance Company Feb, 8. 2016 3:44PM No, 1244 P. 4 LTG Policy No. CTEH265614 Form AO/CHI Our Order No, V265614 Schedule A Amount $3,000,000.00 Property Address: LOT 28, AL1C 7,VAIL VILLAGE 1ST FLG 1, Policy Date: May 10, 1999 at 5:00 P.M. 2. Name of Insured: FETRUS MANAGEMENT CORPORATION,A TEXAS CORPORATION 3. The estate or interest in the land described or referred to in this Schedule and which is covered by this policy is: A Fee Simple 4. Title to the estate or interest covered by this policy at the date hereof is vested In: FETRUS MANAGEMENT CORPORATION, A TEXAS CORPORATION 5. The land referred to in this policy Is described as Follows: LOT 28, BLOCK 7,VAIL VILLAGE FIRST FILING, ACCORDING TO THE RECORDED PLAT THEREOF, COUNTY OP EAGLE, STATE OF COLORADO_ This Policy valid only if Schedule B is attached. Land Title Guarantee Company Representing Chicago Title Insurance Company Feb, 8. 2016 3:44FM No, 1244 P. 5 t LTG Policy No. CTEH265614 Form AO/CHI Our Order No, V265614 Schedule B This policy does not insure against loss or damage(and the Company will not pay costs,attorneys' fees or expenses) which arise by reason of: General Exceptions! 1. Rights or claims of parties in possession not shown by the public records. 2. Encroachments,overlaps,boundary line disputes,or other matters which would be disclosed by an accurate survey and inspection of the premises. 3. Easements, or claims of easements, not shown by the public records. 4. Any lien, or right to a lien, for services, labor, or material heretofore or hereafter furnished, imposed by law and not shown by the public records. 5. 1999 TAXES NOT YET DUE AND PAYABLE. 6. LIENS FOR UNPAID WATER.AND SEWER CHARGES, IF ANY: 7 RIGHT OF PROPRIETOR OF A VEIN OR LODE TO EXTRACT AND REMOVE HIS ORE THEREFROM SHOULD THE SAME BE FOUND TO PENETRATE OR INTERSECT THE PREMISES AS RESERVED IN UNITED STATES PATENT RECORDED SEPTEMBER 04, 1923, IN BOOK 93 AT PAGE 98. 8. RIGHT OF WAY POR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED STATES AS RESERVED IN UNITED STATES PATENT RECORDED SEPTEMBER 04, 1923, IN BOOK 93 AT PAGE 98. 9, RESTRICTIVE COVENANTS WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE, BUT OMITTING ANY COVENANT OR RESTRICTION BASED ON RACE, COLOR, RELIGION, SEX,HANDICAP, FAMILIAL STATUS OR NATIONAL ORIGIN UNLESS AND ONLY TO THE EXTENT THAT SAID COVENANT(A)IS EXEMPT UNDER CHAPTER 42, SECTION 3607 OF THE UNITED STATES CODE OR(B)RELATES TO HANDICAP BUT DOES NOT DISCRIMINATE AGAINST HANDICAP PERSONS,AS CONTAINED IN INSTRUMENT RECORDED AUGUST 10, 1962, IN BOOK 174 AT PAGE 179. 10. EASEMENTS,RESERVATIONS AND RESTRICTIONS AS SHOWN OR RESERVED ON THE RECORDED PLAT OF VAIL VILLAGE FIRST FILING. 11. EXISTING LEASES AND TENANCIES. . Feb. 3. 2016 3:45FM No, 1244 F 6 _ , LTG Policy No. CTEH265614 Farm AO/CHI -- Our Order No. V265614 Schedule B LAND TITLE IS IN RECEIPT OF AN ALTA/ACSM LAND TITLE SURVEY PREPARED MARCH 31, 1999 BY PEAK LAND SURVEYING, INC.,JOB NO. 692. Feb, 8. 2016 3:45PM No. 1244 P. 7 . LAND TITLE GUARANTEE COMPANY Date May 10, 199.9 ENDORSEMENT 103 .1 Case V265614 Policy CrE.9265614 Loan # Property Address LOT 21, fLKC 7. VAXL VILLAGE ].ST FLG Owner PETRf1S M1iNAGEb ' CORPORATION■ A TEXAS CORPORATXON The Company hereby insures against loss ❑r damage which the Insured shall sustain as a result of any exercise of the right of use or maintenance of the easement referred to in paragraph(s)6 of Schedule fl-I or through said land. The total liability of the Company under said policy and any endorsements therein shall not exceed, in the aggregate, the face amount of said policy and costs which the Company is obligated under the Conditions and Stipulations thereof to pay. This endorsement is made a part of said policy and is subject to the Schedules, Conditions and ,stipulations therein, except as modified by the provisions hereof. Representing Chicago Title Insurance Company Feb. 8. 2016 3:45PM No 1244 P, 8 t LAND TITLE GUARANTEE COMPANY Date May 10, 1999 ENDORSEMENT 1013 .7 Case V265614 Policy CTEH265614 Loan # Property Address LOT 28, SLK 7, VAIL VILLAGE 1ST FLO Owner PETRUS MANAGEMENT CORPORATION, A TSXA,S CORPORATXON • The Company hereby assures the Inured That said land abuts upon a physically open street known as HEAVER DAM ROAD and the Company hereby insures said assured against loss which paid assured shall sustain in the event said assurances herein shall prove to be incorrect. The total liability of the Company under said policy and any endorsements therein shall not exceed, in the aggregate, the face amount of maid policy and costs which the Company is obligated under the Conditions and Stipulations thereof to pay. The endorsement is made a part of said policy and is subject to the. Schedules, Conditions and Stipulations therein, except as modified by the provisions hereof. Representing Chicago Title Insurance Company Feb. 8. 2016 3:45PM No, 1244 P. 9 I LAND TITLE GUARANTEE COMPANY Date May 10, l999 ENDORSEMENT 100. 6 Case V265614 Policy CTEH265f.4 Loan # Property Address LOT 28, HLH 7, VAIL VIZLAGE I5r FLO owner PETROS MANAGEMENT CORPORATION, A TEXAS CORPORAT ON The Company hereby insures the Insured against loss which the Insured shall sustain by reason of any final judgment enforcing the covenants, conditions, and restrictions referred to in Schedule H, paragraph 9 based upon a violation thereof on said land, present or future. The total liability of the Company under said policy and any endorsements therein :hall not exceed, in the aggregate, the face amount of said policy and costs which the Company is obligated under the conditions and stipulations thereof to pay. This endorsement is made a part of said policy and is subject to the schedules, conditions, and stipulations therein, except as modified by the provisions hereof. Representing Chicago Title Insurance Company Feb. 8 2416 3:45PM No. 1244 F. 10 LAND TITLE GUARANTEE COMPANY Date May 20, 1999 ENDORSEMENT 103 .1 Case V265614 Policy CITx265614 Loan # Property Address LOT 28, B. IC 7, VAIL TILLAGE 1ST FLG Owner PETRUS MANAGEMENT CORPORATION, A TEXAS CORPORATION The Company hereby insures against loss or damage which the Insured ehax.l sustain as a result of any exercise of the right of use or maintenance of the easement referred to in ps.rragraph ls&7 of Schedule fl-I or through said land. The total liability of the Company under said policy and any endorsements therein shall .not exceed, in the aggregate, the face amount of said policy and costs which the company is obligated under the Conditions and Stipulations thereof to pay. This endorsement is made a part of said policy and is subject to the Schedules, conditions and Stipulations therein, except as modified by the provisions hereof. Representing Chicago Title Insurance Company