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HomeMy WebLinkAboutADM17-0013 title report.pdf \Ail -0013 Customer Distribution Land Title'tle' Our Order Number: VC50045864-2 GLGAANTEE COMPANY —Since'9ai;— Date: 11-29-2016 Property Address: 380 E LIONSHEAD CIR., VAIL,CO 81657 For Title Assistance VAIL TITLE DEPARTMENT 610 WEST LIONSHEAD CIRCLE#300 VAIL,CO 81657 970-477-4500(phone) 970-476-4534(fax) eaglecountyrequests@ltgc.com PLEASE CONTACT YOUR CLOSER OR CLOSERS ASSISTANT FOR WIRE TRANSFER INSTRUCTIONS GORE RANGE SURVEYING LAND TITLE GUARANTEE COMPANY Attention:SAM ECKER Attention:SARAH DORMAN PO BOX 15 610 WEST LIONSHEAD CIRCLE#300 AVON,CO 81620 VAIL,CO 81657 970-479-8698(work) 970-476-2251(work) 970-479-0055(work fax) 970-476-4534(work fax) sam@gorerange.net sdorman@ltgc.com Delivered via:Electronic Mail Delivered via:Electronic Mail Land Title GUARANTEE COMPANY —Since 19457--- Land 94cLand Title Guarantee Company Estimate of Title Fees Order Number: VC50045864-2 Date: 11-29-2016 Property Address: 380 E LIONSHEAD CIR., VAIL, CO 81657 Buyer/Borrower: A BUYER TO BE DETERMINED Seller: THE INDIVIDUAL VESTED OWNERS OF EACH CONDOMINUM UNIT OF THE LODGE AT LIONSHEAD,ACCORDING TO THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS RECORDED JANAURY 12, 1971 IN BOOK 219 AT PAGE 495 AND THE CONDOMINIUM MAP RECORDED SEPTEMBER 24, 1974 UNDER RECEPTION NO. 132589, IN THE RECORDS OF THE CLERK AND RECORDER OF EAGLE COUNTY, COUNTY OF EAGLE, STATE OF COLORADO. Visit Land Title's website at www.Itgc.com for directions to any of our offices. TBD Commitment $550.00 If Land Title Guarantee Company will be closing this transaction,the fees listed above will be collected at closing. Total $550.00 THANK YOU FOR YOUR ORDER! ALTA COMMITMENT First American Title Insurance Company Schedule A Order Number: VC50045864-2 Customer Ref-Loan No.: Property Address: 380 E LIONSHEAD CIR., VAIL, CO 81657 1. Effective Date: 11-10-2016 At 5:00 P.M. 2. Policy to be Issued and Proposed Insured: "TBD" Commitment $0.00 Proposed Insured: A BUYER TO BE DETERMINED 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: THE INDIVIDUAL VESTED OWNERS OF EACH CONDOMINUM UNIT OF THE LODGE AT LIONSHEAD,ACCORDING TO THE DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTIONS RECORDED JANAURY 12, 1971 IN BOOK 219 AT PAGE 495 AND THE CONDOMINIUM MAP RECORDED SEPTEMBER 24, 1974 UNDER RECEPTION NO. 132589, IN THE RECORDS OF THE CLERK AND RECORDER OF EAGLE COUNTY, COUNTY OF EAGLE, STATE OF COLORADO. 5. The Land referred to in this Commitment is described as follows: ALL OF THE LODGE AT LIONSHEAD ACCORDING TO THE CONDOMINIUM MAP THEREOF RECORDED SEPTEMBER 24, 1974 UNDER RECEPTION NO.132589 AND AMENDED CONDOMINIUM MAP RECORDED JULY 17, 1990 UNDER RECEPTION NO. 429881 AND SECOND AMENDED CONDOMINIUM MAP RECORDED JULY 14, 2009 UNDER RECEPTION NO. 200914585 AND ACCORDING TO THE CONDOMINIUM DECLARATION FOR THE LODGE AT LIONSHEAD THEREOF RECORDED JANUARY 12, 1971 IN BOOK 219 AT PAGE 495 AND SECOND SUPPLEMENT TO THE CONDOMINIUM DECLARATION THEREOF RECORDED MAY 4, 1976 IN BOOK 246 AT PAGE 265,AND THIRD SUPPLEMENT THERETO RECORDED AUGUST 7, 1991 IN BOOK 559 AT PAGE 492,COUNTY OF EAGLE, STATE OF COLORADO. Copyright 2006-2016 American Land Title Association. All Rights Reserved AnORICAN LA.............. ANI)TITI[ 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. ALTA COMMITMENT First American Title Insurance Company Schedule B Section 1 (Requirements) Order Number: VC50045864-2 The following are the requirements to be complied with: Item(a) Payment to or for the account of the grantors or mortgagors of the full consideration for the estate or interest to be insured. Item(b) Proper instrument(s)creating the estate or interest to be insured must be executed and duly filed for record,to-wit: Item (c) Payment of all taxes, charges or assessments levied and assessed against the subject premises which are due and payable. Item(d)Additional requirements,if any disclosed below: 1. RECORD DULY EXECUTED AND ACKNOWLEDGED AMENDED CONDOMINIUM MAP AND AMENDED CONDOMINIUM DECLARATION OF THE LODGE AT LIONSHEAD II. NOTE:A COPY OF SAID CONDOMINIUM MAP AND CONDOMINIUM DECLARATION MUST BE SUBMITTED TO LAND TITLE GUARANTEE COMPANY PRIOR TO RECORDATION. UPON RECEIPT AND REVIEW FURTHER REQUIREMENTS AND/OR EXCEPTIONS MAY BE NECESSARY. 2. SATISFACTION TO LAND TITLE GUARANTEE COMPANY THAT ALL NECESSARY PARTIES HAVE SIGNED IN CONFIRMATION OF THE AFOREMENTIONED AMENDED CONDOMINIUM MAP AND AMENDED CONDOMINIUM DECLARATION. First American Title Insurance Company Schedule B Section 2 (Exceptions) Order Number: VC50045864-2 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. Any and all unpaid taxes, assessments and unredeemed tax sales. 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. EXISTING LEASES AND TENANCIES, IF ANY. 9. (ITEM INTENTIONALLY DELETED) 10. RIGHT OF WAY FOR 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 9$. 11. RESTRICTIVE COVENANTS, WHICH DO NOT CONTAIN A FORFEITURE OR REVERTER CLAUSE, BUT OMITTING ANY COVENANTS OR RESTRICTIONS, IF ANY, BASED UPON RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, FAMILIAL STATUS, MARITAL STATUS, DISABILITY, HANDICAP, NATIONAL ORIGIN,ANCESTRY, OR SOURCE OF INCOME,AS SET FORTH IN APPLICABLE STATE OR FEDERAL LAWS, EXCEPT TO THE EXTENT THAT SAID COVENANT OR RESTRICTION IS PERMITTED BY APPLICABLE LAW,AS CONTAINED IN INSTRUMENT RECORDED MAY 18, 1970, IN BOOK 217 AT PAGE 675 AND AS AMENDED IN INSTRUMENT RECORDED JULY 30, 1970, IN BOOK 218 AT PAGE 334 AND AS AMENDED IN INSTRUMENT RECORDED OCTOBER 15, 1970, IN BOOK 218 AT PAGE 899. 12. THOSE PROVISIONS, COVENANTS AND CONDITIONS, EASEMENTS,AND RESTRICTIONS, WHICH ARE A BURDEN TO THE CONDOMINIUM UNIT DESCRIBED IN SCHEDULE A,AS CONTAINED IN INSTRUMENT RECORDED JANUARY 12, 1971, IN BOOK 219 AT PAGE 495 AND AS AMENDED IN INSTRUMENT RECORDED MAY 04, 1976, IN BOOK 246 AT PAGE 165 AND AS AMENDED IN INSTRUMENT RECORDED AUGUST 07, 1991, IN BOOK 559 AT PAGE 492 AND AS AMENDED IN INSTRUMENT RECORDED OCTOBER 14, 1994 IN BOOK 652 AT PAGE 526 AND AS AMENDED IN INSTRUMENT RECORDED OCTOBER 25, 2001 UNDER RECEPTION NO. 770775.AND AMENDMENT TO THE CONDOMINIUM DECLARATION RECORDED OCTOBER 22, 2004 UNDER RECEPTION NO. 895386 AND AMENDED AND RESTATED DECLARATION FOR THE LODGE AT LIONSHEAD II RECORDED JUNE 2, 2015 UNDER RECEPTION NO. 201509765 AND AMENDED AND RESTATED First American Title Insurance Company Schedule B Section 2 (Exceptions) Order Number: VC50045864-2 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: DECLARATION FOR THE LODGE AT LIONSHEAD I RECORDED JUNE 2, 2015 UNDER RECEPTION NO. 201509766. 13. EASEMENTS, COVENANTS, CONDITIONS, RESTRICTIONS, RESERVATIONS AND NOTES ON THE RECORDED AMENDED CONDOMINIUM MAP OF THE LODGE AT LIONSHEAD RECORDED SEPTEMBER 24, 1974 IN BOOK 247 AT PAGE 107 AND AMENDED CONDOMINIUM MAP RECORDED JULY 17, 1990 UNDER RECEPTION NO. 429881 AND SECOND AMENDED CONDOMINIUM MAP RECORDED JULY 14, 2009 UNDER RECEPTION NO.200914585. 14. TERMS, CONDITIONS AND PROVISIONS OF MDU BROADBAND SERVICES AGREEMENT RECORDED APRIL 24, 2003 AT RECEPTION NO. 831108. 15. LEASE BETWEEN LIONSHEAD PHASE II CONDOMINIUM ASSOCIATION, INC.,A COLORADO NON- PROFIT CORPORATION, LESSOR,AND ANTHONY J. SCIOTTO, JR AND PEGGY C. SCIOTTO, LESSEE,AS SHOWN BY MEMORANDUM OF LEASE RECORDED AUGUST 03, 2006, UNDER RECEPTION NO. 200621049. 16. TERMS, CONDITIONS,AND PROVISIONS CONTAINED IN APPLICATION FOR REVOCABLE PERMIT RECORDED FEBRUARY 05, 2008, UNDER RECEPTION NO. 200802443. 17. TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN GRANT OF EASEMENT RECORDED FEBRUARY 09, 2012 UNDER RECEPTION NO. 201202745. 18. TERMS, CONDITIONS, PROVISIONS, BURDENS, OBLIGATIONS AND EASEMENTS AS SET FORTH AND GRANTED IN GRANT OF EASEMENT RECORDED FEBRUARY 09, 2012 UNDER RECEPTION NO. 201202747. 19. LEASE BETWEEN THE LODGE AT LIONSHEAD II,A COLORADO NON-PROFIT CORPORATION, LESSOR,AND MICHAEL R.AND JANET R. STEELE REVOCABLE TRUST, LESSEE, AS SHOWN BY MEMORANDUM OF LEASE RECORDED FEBRUARY 08, 2016, UNDER RECEPTION NO. 201601807. 20. LEASE BETWEEN THE LODGE AT LIONSHEAD II,A COLORADO NON-PROFIT CORPORATION, LESSOR,AND SHACKELFORD PROPERTIES, INC., LESSEE,AS SHOWN BY MEMORANDUM OF LEASE RECORDED FEBRUARY 08, 2016, UNDER RECEPTION NO. 201601806. 21. ANY AND ALL DEED OF TRUST, MORTGAGES, LIENS, JUDGEMENTS,AND OR ANY OTHER OUTSTANDING OBLIGATIONS ASSOCIATED WITH THE INDIVIDUAL UNITS OWNERSHIP.