HomeMy WebLinkAboutPEC17-0030_Buffehr Creek Lot C Land title 6-26-2017_1498501560.pdf Land Tale
GUARANTEE COMPANY
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Land Tile
Gu,43IANTEE COMPANY
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Land Title Guarantee Company
Estimate of Title Fees
Order Number: V50047885 Date: 06-23-2017
Property Address: 1601 BUFFEHR CREEK ROAD, VAIL, CO 81657
Buyer/Borrower:
Seller: STEVEN J. LINDSTROM REVOCABLE TRUST, DATED DECEMBER 1, 2009 AND
MARGARET FORKEN REVOCABLE TRUST, DATED DECEMBER 1, 2009
Visit Land Title's website at www.ltgc.com for directions to any of our offices.
Estimate of Title Insurance Fees
TBD Commitment $216.00
If Land Title Guarantee Company will be closing this transaction,the fees listed above will be collected at closing.
Total $216.00
THANK YOU FOR YOUR ORDER!
ALTA COMMITMENT
Old Republic National Title Insurance Company
Schedule A
Order Number: V50047885
Customer Ref-Loan No.:
Property Address:
1601 BUFFEHR CREEK ROAD, VAIL, CO 81657
1. Effective Date:
06-20-2017 At 5:00 P.M.
2. Policy to be Issued and Proposed Insured:
"TBD" Commitment $0.00
3. The estate or interest in the land described or referred to in this Commitment and covered
herein is:
A FEE SIMPLE
4. Title to the estate or interest covered herein is at the effective date hereof vested in:
STEVEN J. LINDSTROM REVOCABLE TRUST, DATED DECEMBER 1, 2009 AND MARGARET
FORKEN REVOCABLE TRUST, DATED DECEMBER 1, 2009
5. The Land referred to in this Commitment is described as follows:
LOT C, THE VALLEY-PHASE V,A RESUBDIVISION OF LOTS 3 AND 4,ACCORDING TO THE PLAT
RECORDED AUGUST 27, 1997 IN BOOK 735 AT PAGE 708, COUNTY OF EAGLE, STATE OF COLORADO.
Copyright 2006-2017 American Land Title Association. All Rights Reserved AMS
LAND TITLE
ASSOCIATION
The use of this Form is restricted to ALTA licensees and ALTA members in good standing as of the date ry
of use. All other uses are prohibited.Reprinted under license from the American Land Title Association.
ALTA COMMITMENT
Old Republic National Title Insurance Company
Schedule B-1
(Requirements)
Order Number: V50047885
The following are the requirements to be complied with:
Payment to or for the account of the grantors or mortgagors of the full consideration for the estate or
interest to be insured.
Proper instrument(s) creating the estate or interest to be insured must be executed and duly filed for
record, to-wit:
THIS COMMITMENT IS FOR INFORMATION ONLY, AND NO POLICY WILL BE ISSUED PURSUANT
HERETO.
Old Republic National Title Insurance Company
Schedule B-2
(Exceptions)
Order Number: V50047885
The policy or policies to be issued will contain exceptions to the following unless the same are disposed of to the
satisfaction of the Company:
1. Any facts, rights, interests, or claims thereof, not shown by the Public Records but that could be
ascertained by an inspection of the Land or that may be asserted by persons in possession of the
Land.
2. Easements, liens or encumbrances, or claims thereof, not shown by the Public Records.
3. Any encroachment, encumbrance, violation, variation, or adverse circumstance affecting the Title
that would be disclosed by an accurate and complete land survey of the Land and 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. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the
public records or attaching subsequent to the effective date hereof but prior to the date of the
proposed insured acquires of record for value the estate or interest or mortgage thereon covered by
this Commitment.
6. (a) Taxes or assessments that are not shown as existing liens by the records of any taxing authority
that levies taxes or assessments on real property or by the Public Records; (b) proceedings by a
public agency that may result in taxes or assessments, or notices of such proceedings, whether or
not shown by the records of such agency or by the Public Records.
7. (a) Unpatented mining claims; (b) reservations or exceptions in patents or in Acts authorizing the
issuance thereof; (c)water rights, claims or title to water.
8. RIGHT OF PROPRIETOR OFA 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 DECEMBER 29, 1920, IN BOOK 93 AT PAGE 42 AND
RECORDED AUGUST 16, 1909 IN BOOK 48 AT PAGE 542
9. RIGHT OF WAY FOR DITCHES OR CANALS CONSTRUCTED BY THE AUTHORITY OF THE UNITED
STATES AS RESERVED IN UNITED STATES PATENT RECORDED DECEMBER 29, 1920, IN BOOK 93
AT PAGE 42 AND RECORDED AUGUST 16, 1909 IN BOOK 48 AT PAGE 542
10. RESTRICTIVE COVENANTS, WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE, BUT
OMITTING RESTRICTIONS, IF ANY, BASED ON RACE, COLOR, RELIGION, OR NATIONAL ORIGIN, AS
CONTAINED IN INSTRUMENT RECORDED SEPTEMBER 20, 1972, IN BOOK 225 AT PAGE 443 AND AS
AMENDED IN INSTRUMENT RECORDED SEPTEMBER 29, 1972, IN BOOK 225 AT PAGE 565 AND AS
AMENDED IN INSTRUMENT RECORDED JANUARY 22, 1974, IN BOOK 233 AT PAGE 53 AND
AMENDMENT THERETO RECORDED JULY 1, 1983 IN BOOK 362 AT PAGE 804
11. UTILITY EASEMENT 20 FEET IN WIDTH, 10 FEET ON EACH SIDE OF ALL INTERIOR LOT LINES AND A
15 FOOT UTILITY EASEMENT ALONG AND ABUTTING ALL EXTERIOR LOT LINES AS RESERVED ON
THE PLAT OF LION'S RIDGE SUBDIVISION, FILING NO. 2 RECORDED SEPTEMBER 20, 1972 AT
RECEPTION NO. 121219.
12. AGREEMENT BETWEEN TAYVEL ENVIRONMENTAL LAND COMPANY AND MOUNTAIN TELEPHONE
AND TELEGRAPH COMPANY RECORDED SEPTEMBER 27, 1973 IN BOOK 231 AT PAGE 291.
Old Republic National Title Insurance Company
Schedule B-2
(Exceptions)
Order Number: V50047885
The policy or policies to be issued will contain exceptions to the following unless the same are disposed of to the
satisfaction of the Company:
13. TERMS, PROVISIONS AND CONDITIONS, IN RESOLUTIONS OF THE BOARD OF COUNTY
COMMISSIONERS, COUNTY OF EAGLE, STATE OF COLORADO RECORDED MARCH 27, 1980 IN
BOOK 300 AT PAGE 757 AND MAY 6, 1980 IN BOOK 302 AT PAGE 508.
14. TERMS, PROVISIONS AND CONDITIONS CONTAINED IN PLANNED UNIT DEVELOPMENT AND
DECLARATION OF PROTECTIVE COVENANTS RECORDED MARCH 27, 1980 IN BOOK 300 AT PAGE
758 AND RERECORDED APRIL 10, 1980 IN BOOK 301 AT PAGE 415.
15. TERMS, PROVISIONS, CONDITIONS AND OBLIGATIONS CONTAINED IN EASEMENT AND RIGHT OF
WAY RECORDED MARCH 18, 1980 IN BOOK 300 AT PAGE 290.
16. DRIVEWAY ENVELOPE AS SHOWN ON THE VALLEY- PHASE V PLAT RECORDED NOVEMBER 26,
1980 IN BOOK 313 AT PAGE 854.
17. DWELLING UNITS AS SET FORTH ON THE VALLEY-PHASE V PLAT RECORDED NOVEMBER 26, 1980
IN BOOK 313 AT PAGE 854.
18. PUD PLAN FOR THE VALLEY-PHASE V RECORDED NOVEMBER 26, 1980 IN BOOK 313 AT PAGE 857
AND FIRST AMENDMENT RECORDED AUGUST 17, 1997 IN BOOK 735 AT PAGE 709
19. DECLARATION OF PROTECTIVE COVENANTS FOR THE VALLEY-PHASE V RECORDED NOVEMBER
26, 1980 IN BOOK 313 AT PAGE 856.
20. SUBDIVISION IMPROVEMENT AGREEMENT RECORDED NOVEMBER 26, 1980 IN BOOK 313 AT PAGE
859.
21. TERMS AND PROVISIONS OF CONVEYANCE OF EASEMENT RECORDED AUGUST 16, 1982 IN BOOK
344 AT PAGE 309.
22. EASEMENTS, RESERVATIONS AND RESTRICTIONS AS SHOWN OR RESERVED ON THE
RESUBDIVISION PLAT RECORDED AUGUST 27, 1997 IN BOOK 735 AT PAGE 708.
23. EASEMENTS, CONDITIONS, COVENANTS, RESTRICTIONS, RESERVATIONS AND NOTES ON THE
PLAT OF SAID SUBDIVISION RECORDED MARCH 10, 1999 UNDER RECEPTION NO. 689268.
24. TERMS, CONDITIONS AND PROVISIONS OF JOINT MAINTENANCE AGREEMENT RECORDED JUNE
04, 1999 AT RECEPTION NO. 698739.
25. TERMS, CONDITIONS AND PROVISIONS OF DRIVEWAY EASEMENT AND MAINTENANCE
AGREEMENT RECORDED SEPTEMBER 16, 2005 AT RECEPTION NO. 929743.
PP"
JOINT NOTICE OF PRIVACY POLICY OF
TitleLand LAND TITLE GUARANTEE COMPANY
LAND TITLE GUARANTEE COMPANY OF SUMMIT COUNTY
°"' 'e 1` LAND TITLE INSURANCE CORPORATION AND
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY
This Statement is provided to you as a customer of Land Title Guarantee Company and Meridian Land Title,
LLC, as agents for Land Title Insurance Corporation and Old Republic National Title Insurance Company.
We want you to know that we recognize and respect your privacy expectations and the requirements of federal
and state privacy laws. Information security is one of our highest priorities. We recognize that maintaining your
trust and confidence is the bedrock of our business. We maintain and regularly review internal and external
safeguards against unauthorized access to non-public personal information ("Personal Information").
In the course of our business,we may collect Personal Information about you from:
► applications or other forms we receive from you, including communications sent through TMX, our web-based
transaction management system;
► your transactions with, or from the services being performed by, us, our affiliates, or others;
► a consumer reporting agency, if such information is provided to us in connection with your transaction;
and
► the public records maintained by governmental entities that we either obtain directly from those entities, or from our
affiliates and non-affiliates.
Our policies regarding the protection of the confidentiality and security of your Personal Information are as follows:
► We restrict access to all Personal Information about you to those employees who need to know that information in
order to provide products and services to you.
► We maintain physical, electronic and procedural safeguards that comply with federal standards to protect your
Personal Information from unauthorized access or intrusion.
► Employees who violate our strict policies and procedures regarding privacy are subject to disciplinary action.
► We regularly access security standards and procedures to protect against unauthorized access to Personal
Information.
WE DO NOT DISCLOSE ANY PERSONAL INFORMATION ABOUT YOU WITH ANYONE FOR ANY PURPOSE THAT IS
NOT PERMITTED BY LAW.
Consistent with applicable privacy laws, there are some situations in which Personal Information may be
disclosed. We may disclose your Personal Information when you direct or give us permission; when we are
required by law to do so,for example, if we are served a subpoena; or when we suspect fraudulent or
criminal activities. We also may disclose your Personal Information when otherwise permitted by applicable
privacy laws such as, for example,when disclosure is needed to enforce our rights arising out of any agreement, transaction or
relationship with you.
Our policy regarding dispute resolution is as follows. Any controversy or claim arising out of or relating to our privacy policy, or
the breach thereof, shall be settled by arbitration in accordance with the rules of the American Arbitration Association, and
judgment upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.
Land Title
GUARANTEE COMPANY
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Commitment to Insure
ALTA Commitment-2006 Rev.
*
OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY,a Minnesota 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 Schedule 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 such policy or policies is not
the fault of the Company.
CONDITIONS AND STIPULATIONS
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 acquires 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
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 and Stipulations.
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 policy 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 the Conditions and Stipulations 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 Insurance is$2,000,000 or less 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
www.alta.org.
STANDARD EXCEPTIONS
In addition to the matters contained in the Conditions and Stipulations and Exclusions from Coverage above referred to,this Commitment is also subject to the
following:
1. Rights or claims of parties in possession not shown by the Public Records.
2. Easements,or claims of easements,not shown by the Public Records.
3. Discrepancies,conflicts in boundary lines,shortage in area,encroachments,and any facts which a correct survey or inspection of the Land would
disclose and which are not shown by the Public Records.
4. Any lien,or right to a lien,for services,labor or material theretofore or hereafter furnished,imposed by law and not shown by the Public Records.
5. Defects,liens,encumbrances,adverse claims or other matters,if any,created,first appearing in the Public Records or attaching subsequent to the
effective date hereof but prior to the date the proposed insured acquires of record for value the estate or interest or mortgage thereon covered by this
Commitment.
IN WITNESS WHEREOF,Old Republic National Title Insurance Company has caused its corporate name and seal to be affixed by its duly authorized officers on
the date shown in Schedule A to be valid when countersigned by a validating officer or other authorized signatory.
Issued by: , Old Republic National Title Insurance Company
Land Title Guarantee Company . PL TI ri •,� a Stock Company
3033 East First Avenue • NI, /4, , 400 Second Avenue South
Suite 600 ,,r� * * * S ; Minneapolis,Minnesota 55401
Denver,Colorado 80206 Q * p _ (612)371-1111
303-321-1880 0 * * Z
m . Mark Bilbrey
I r ; * O ; President AMERICAN
�— John E.FI'e'yel',Jr i � * * *J LAND TITLE
President •'Q'O • ).14 ASSOCIATION
Sane Yeager
Secretary