Loading...
HomeMy WebLinkAbout1996-077J \WPDOCS\ORD\CURRAY ORD ORDINANCE NO. " 6 r O7 / AN ORDINANCE OF THE CITY OF DENTON, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE A CONTRACT BETWEEN THE CITY AND HAZEL WHITE CURRAY FOR THE PURCHASE OF REAL PROPERTY FOR LANDFILL PURPOSES, AUTHORIZING THE EXPENDITURE OF FUNDS; AND PROVIDING FOR AN EFFECTIVE DATE. THE CITY COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION I. That it approves the attached agreement between the City of Denton and Hazel White Curray for the purchase of real property for landfill purposes and authorizes the City Manager to execute the agreement on behalf of the City SECTION II. That it authorizes the expenditure of funds in accordance with the terms of the agreement SECTION III. That this ordinance shall become effective immediately upon its passage and approval. PASSED AND APPROVED this the ah' day of ao&s-, 1996 ATTEST JENNIFER WALTERS, CITY SECRETARY BY APPROVED AS TO LEGAL FORM: HERBERT L. PROUTY, CITY ATTORNEY BY. REAL ESTATE CONTRACT STATE OF TEXAS COUNTY OF DENTON THIS CONTRACT OF SALE is made by and between Hazel White Curray (hereinafter referred to as "Seller") and CITY OF DENTON, TEXAS, a home rule municipality, of Denton, Denton County, Texas, (hereinaf- ter referred to as "Purchaser"), upon the terms and conditions set forth herein PURCHASE AND SALE Seller hereby sells and agrees to convey, and Purchaser hereby purchases and agrees to pay for, the tract of land containing ap- proximately 1 5 acres of land situated in Denton County, Texas, being more particularly described in Exhibit A attached hereto and incorporated herein by reference for all purposes together with all and singular the rights and appurtenances pertaining to the prop- erty, including any right, title and interest of Seller in and to adjacent streets, alleys or rights -of -way (all of such real prop- erty, rights, and appurtenances being hereinafter referred to as the "Property"), together with any improvements, fixtures, and per- sonal property situated on and attached to the Property, for the consideration and upon and subject to the terms, provisions, and conditions hereinafter set forth PURCHASE PRICE 1 Amount of Purchase Price The purchase price for the Property shall be the sum of One hundred sixteen thousand one hundred dollars and no cents ($116,100 00) 2 Payment of Purchase Price The full amount of the Purchase Price shall be payable in cash at the closing PURCHASER'S OBLIGATIONS The obligations of Purchaser hereunder to consummate the trans- actions contemplated hereby are subject to the satisfaction of each of the following conditions any of which may be waived in whole or in part by Purchaser at or prior to the closing 1 Preliminary Title Report Within twenty (20) days after the date hereof, Seller, at Seller's sole cost and expense, shall have caused the Title Company (hereinafter defined) to issue a pre- liminary title report (the "Title Report") accompanied by copies of -Xhlb Q PAGE 1 all recorded documents relating to easements, rights -of -way, etc , affecting the Property Purchaser shall give Seller written notice on or before the expiration of ten (10) days after Purchaser re- ceives the Title Report that the condition of title as set forth in the title binder is or is not satisfactory, and in the event Pur- chaser states the condition is not satisfactory, Seller shall, at Seller's option, promptly undertake to eliminate or modify all unacceptable matters to the reasonable satisfaction of Purchaser In the event Seller is unable to do so within ten (10) days after receipt of written notice, this Agreement shall thereupon be null and void for all purposes and the Escrow Deposit shall be forthwith returned by the Title Company to Purchaser, otherwise, this con- dition shall be deemed to be acceptable and any objection thereto shall be deemed to have been waived for all purposes 2 Survev Upon written request by Purchaser delivered to Seller contemporaneously with Purchaser's delivery of an executed original of this Agreement, Seller shall within twenty (20) days from the date hereof, at Purchaser's sole cost and expense, deliver to Purchaser a current survey of the Property, prepared by a duly licensed Texas land surveyor acceptable to Purchaser The survey shall be staked on the ground, and shall show the location of all improvements, highways, streets, roads, railroads, rivers, creeks, or other water courses, fences, easements, and rights -of -way on or adjacent to the Property, if any, and shall contain the surveyor's certification that there are no encroachments on the Property and shall set forth the number of total acres comprising the Property, together with a metes and bounds description thereof Purchaser will have ten (10) days after receipt of the survey to review and approve the survey In the event the survey is unacceptable, then Purchaser shall within the ten (10) day period, give Seller written notice of this fact Seller shall, at Seller's option, promptly undertake to eliminate or modify the unacceptable portions of the survey to the reasonable satisfaction of Purchaser In the event Seller is unable to do so within ten (10) days after receipt of written notice, Purchaser may terminate this Agreement, and the Agreement shall thereupon be null and void for all purposes and the Escrow Deposit shall be returned by the Title Company to Purchaser Purchaser's failure to give Seller this written notice shall be deemed to be Purchaser's acceptance of the survey 3 Seller's Compliance Seller shall have performed, ob- served, and complied with all of the covenants, agreements, and conditions required by this Agreement to be performed, observed, and complied with by Seller prior to or as of the closing REPRESENTATIONS AND WARRANTIES OF SELLER Seller hereby represents and warrants to Purchaser as follows, which representations and warranties shall be deemed made by Seller to Purchaser also as of the closing date AE2004FE PAGE 2 Exh-b,� i3 I There are no parties in possession of any portion of the Property as lessees, tenants at sufferance, or trespassers 2 Except for the prior actions of Purchaser, there is no pending or threatened condemnation or similar proceeding or asses- sment affecting the Property, or any part thereof, nor to the best knowledge and belief of Seller is any such proceeding or assessment contemplated by any governmental authority 3 Seller has complied with all applicable laws, ordinances, regulations, statutes, rules and restrictions relating to the Property, or any part thereof 4 (a) There are no toxic or hazardous wastes or materials on or within the Property Such toxic or hazardous wastes or materials include, but are not limited to, hazardous materials or wastes as same are defined by the Resource Conservation and Recovery Act (RCRA), as amended, and the Comprehensive Environmen- tal Response Compensation and Liability Act (CERCLA), as amended (b) The City of Denton assumes the risk of and agrees to indemnify and hold Seller harmless, and to defend Seller against and from all claims, costs, liabilities, expenses (including without limitation court costs and attorney's fees), or demands of whatsoever nature or source for any defects or Environmental Problems, latent or obvious, discovered or undiscovered, in the real and chattel property to be conveyed hereunder, causing per- sonal injury to or death of persons whomsoever (including without limitation employees, agents or contractors of the City of Denton, Seller or any third party), or causing property damage or destruc- tion of whatsoever nature or contamination to the environment (including without limitation property of the City of Denton or Seller, or property in its or their care, custody, or control, and third party property), arising out of acts, omissions or events occurring after Closing (c) Seller assumes the risk of and agrees to indemnify and hold the City of Denton harmless, and to defend the City of Denton against and from all claims, costs, liabilities, expenses (includ- ing without limitation court costs and attorney fees), or demands of whatsoever nature or source for any defects or Environmental Problems, latent or obvious, discovered or undiscovered, in the real and chattel property to be conveyed hereunder, causing per- sonal injury to or death of persons whomsoever (including without limitation employees, agents or contractors of Seller, the City of Denton or any third party), or causing property damage or destruc- tion of whatsoever nature or contamination to the environment (including without limitation property of Seller or the City of Denton, or property in its or their care, custody, or control, and third party property), arising out of acts, omissions or events occurring before Closing AEE004FE PAGE 3 BW, k "Environmental Problems" means any cause or action under the federal Comprehensive Environmental Response Compensation and Liability Act of 1980 (as amended) and any cause or action arising from similar federal, state or local legislation or other rules of law, and private causes of action of whatever nature which arise from environmental damage, toxic wastes or other similar causes MISCELLANEOUS OBLIGATIONS OF PARTIES Seller shall be allowed to occupy the property until closing CLOSING The closing shall be held at the office of Dentex Title Company, Denton, Texas, on or before August 1, 1995, or at such title company, time, date, and place as Seller and Purchaser may mutually agree upon (which date is herein referred to as the "closing date") CLOSING REQUIREMENTS 1 Seller's Reguirements At the closing Seller shall A Deliver to Purchaser a duly executed and acknowledged General Warranty Deed conveying good and marketable title in fee simple to all of the Property, free and clear of any and all liens, encumbrances, conditions, easements, asses- sments, and restrictions, except for the following 1 General real estate taxes for the year of closing and subsequent years not yet due and payable, 2 Any exceptions approved by Purchaser pursuant to Purchaser's Obligations here- of, and 3 Any exceptions approved by Purchaser in writing B Deliver to Purchaser a Texas Owner's Title Policy at Purchaser's sole expense, issued by Dentex Title Company, Denton, Texas, (the "Title Company"), or such title company as Seller and Purchaser may mutually agree upon, in Purch- aser's favor in the full amount of the purchase price, insuring Purchaser's fee simple title to the Property subject only to those title exceptions listed in Closing Reauirements hereof, such other exceptions as may be approved in writing by Purchaser, and the standard printed exceptions contained in the usual form of Texas Owner's Title Policy, provided, however The boundary and survey exceptions AEE004FE Ek I_, �_ n PAGE 4 shall be deleted if required by Purchaser and if so required, the costs associated with same shall be borne by Seller, 2 The exception as to restrictive cove- nants shall be endorsed "None of Record", 3 The exception as to the lien for taxes shall be limited to the year of closing and shall be endorsed "Not Yet Due and Payable", and 4 The exception as to liens encumbering the Property shall be endorsed "None of Record" C Deliver to Purchaser possession of the Property on the day of closing 2 Purchaser's Requirements Purchaser shall pay the full cash purchase price to Seller at Closing in immediately available funds 3 Closing Costs Through the date of Closing, Seller shall pay all taxes assessed by any tax jurisdiction through the date of Closing Any taxes imposed, assessed or arising because of a change of use of the Property after closing shall be paid by Seller All other costs and expenses of closing in consummating the sale and purchase of the Property not specifically allocated herein shall be equally shared by Purchaser and Seller REAL ESTATE COMMISSION Any real estate commissions occasioned by the consummation of this Agreement shall be the sole responsibility of Seller, and Seller agrees to indemnify and hold harmless Purchaser from any and all claims for these commissions BREACH BY SELLER In the event Seller shall fail to fully and timely perform any of its obligations hereunder or shall fail to consummate the sale of the Property except Purchaser's default, Purchaser may either enforce specific performance of this Agreement or terminate this Agreement AEE004FE L t h4- 13 PAGE 5 BREACH BY PURCHASER In the event Purchaser should fail to consummate the purchase of the Property, the conditions to Purchaser's obligations set forth in PURCHASER'S OBLIGATIONS having been satisfied and Purchaser being in default Seller may either enforce specific performance of this Agreement, or terminate this Agreement MISCELLANEOUS 1 Assignment of Agreement This Agreement may not be assigned by Purchaser without the express written consent of Seller 2 Survival of Covenants Any of the representations, war- ranties, covenants, and agreements of the parties, as well as any rights and benefits of the parties, pertaining to a period of time following the closing of the transactions contemplated hereby shall survive the closing and shall not be merged therein 3 Notice Any notice required or permitted to be delivered hereunder shall be deemed received when sent by United States mail, postage prepaid, certified mail, return receipt requested, addres- sed to Seller or Purchaser, as the case may be, at the address set forth beneath the signature of the party 4 Texas Law to Apply This Agreement shall be construed under and in accordance with the laws of the State of Texas, and all obligations of the parties created hereunder are performable in Denton County, Texas 5 Parties Bound This Agreement shall be binding upon and inure to the benefit of the parties and their respective heirs, executors, administrators, legal representatives, successors and assigns where permitted by this Agreement 6 regal Construction In case any one or more of the pro- visions contained in this Agreement shall for any reason be held to be invalid, illegal, or unenforceable in any respect, said in- validity, illegality, or unenforceability shall not affect any other provision hereof, and this Agreement shall be construed as if the invalid, illegal, or unenforceable provision had never been contained herein 7. Prior Agreements Superseded This Agreement constitutes the sole and only agreement of the parties and supersedes any prior understandings or written or oral agreements between the parties respecting the within subDect matter 8 Time of Essence Time is of the essence in this Agreement 9 Gender Words of any gender used in this Agreement shall be held and construed to include any other gender, and words in the AEE004FE PAGE 6 singular number shall be held to include the plural, and vice versa, unless the context requires otherwise 10 Memorandum of Contract Upon request of either party, both parties shall promptly execute a memorandum of this Agreement suitable for filing of record 11 Compliance In accordance with the requirements of the Texas Real Estate License Act, Purchaser is hereby advised that it should be furnished with or obtain a policy of title insurance or Purchaser should have the abstract covering the Property examined by an attorney of Purchaser's own selection 12 Time Limit In the event a fully executed copy of this Agreement has not been returned to Purchaser within five (5) days after Purchaser executes this Agreement and delivers same to Sel- ler, Purchaser shall have the right to terminate this Agreement upon written notice to Seller 13. Subject to approval of the Tarrant County Probate Court. DATED this day of SELLER Clifto ite t BY R b eb, Guardian of a Pe o and Estate of Clifton White, an Incapacitated Person AEE004FE E-Y-ti, b, f 6 SELLER Hazel White Curry -Subject to approval Den n County Probate Court BY es White, Guardian PURCHASER THE CITY OF DENTON, TEXAS By Q"a= Rick Svehla, Acting City Manager 215 E McKinney Street Denton, Texas 76201 PAGE 7 STATE OF TE%A$ � 4 _ 1 COUNTY OF �jK�'(� �� � by T is i�t�atney�as acknowledged before me on �� �� C�� Deborah 1 Robertson Notary y • • Public In and to. the State of Texas My Commission Expires 6 9 98 < M 'ewS45Bp9tled9llBgm9h&Ietl��Ipi5i5oAek§58pMMQA�s �§kSv.4�S STATE OF TEXAS COUNTY OF DENTON This • �•�AND FOR instrument is acknowledged before me, the by Rick Sveh1a,Actin9City Manager, of the City of Denton, a municipal corporation, known to me to be the person and officer whose name is subscribed to the foregoing instrument and acknowledged to me that the same was the act of the said City of Denton, Texas, a municipal corporation, that he was duly authorized to perform the same by appropriate ordinance of the City Council of the City of Denton and that he executed the same as the act of the said City for purpose and consideration therein expressed, and in the capacity therein stated 2 ,�i'^"eyy86 ELIZABETHJ WILLIAMS •p- MY COMMISSION EXPIRES foT ptJBLIC AND FOR TEXAS Nqs 14f: May 16,1997 ATTEST JENNIFER WALTERS, C TY SECRETARY BY 'ZiA AP VED A TO LEGAL FORM tERBERT L.PROUTY, CITY ATTORNEY BY A6�1�` [-X'hb J [� PAGE 8 NO 95-2673-1 IN RE GUARDIANSHIP OF § THE PERSON AND ESTATE OF CLIFTON WHITE, § IN THE PROBATE COURT AN INCAPACITATED PERSON § TARRANT COUNTY, TEXAS DECREE CONFIRMING SALE OF REAL PROPERTY On this day the�?urt heard d considered the Report of Sale of Real Property ("the Report"), filed on LEA '/ or9G The Court finds that five (5) days have expired since a filtng of the Report, that increase in the bond of the Guardian to a total amount of $32,000 00 was necessary, that the sale was for a fair price, was properly made and, was in conformity with the law Such real property is described as follows An undivided one-fourth interest in one and one-half acres of land located in Denton County, Texas, purchased by NEAL C WHITE (deceased) and HAZEL WHITE (Curry) by deed dated March 3, 1957, recorded in Volume 428, Page 20 of the Recording Records of Denton County, Texas. It is, therefore, ORDERED, ADJUDGED, and DECREED that the sale of the above - described real property to the City of Denton, Texas by the Guardian of the Estate of CLIFTON WHITE, an Incapacitated Person, as described in the said Report of Sale, be and is hereby approved and confirmed upon compliance by the purch er with the terms of the sale as set forth in the said Report of Sale SIGNED on this the _ /10 day of Realm comes to. Robert J Oheb Attomoy at Law 614 West let Street Fort Wordt, Tom 76102 336.5681, Stale Bar #07889500 WHITE CLRDECREE RP 199�6a� CAUSE NO. PR-94-178 PERSON AND ESTATE OF HAZEL WHITE CURRY AN INCAPACITATED PERSON X IN THE PROBATE COURT X X OF X X DENTON COUNTY, TEXAS X X 0 AL B.TY On the ,=0?f1996, the Application for Sale of Real Property, filed on White, Guardian of the Person and Estate of Hazel White Curry, was heard and considered by the court, and, after hearing the evidence in support of the application, the Court finds as follows 1 Citation has been issued and served as required by law, and no one contested the application 2 The application is accompanied with an exhibit, verified by affidavit, showing the condition of the estate, and the application and exhibit meet the requirements of section 342 or 821 of the Texas Probate Code 3 The legal description of the real property to be sold is All that certain tract or parcel of land, situated in Denton County, Texas, out of the Gideon Walker Survey and being out of the Southwest corner of 138 acres of land purchased by W A Edwards from John R. Henry, and more particularly described as follows BEGINNING at the Southwest comer of said 138 acre tract, THENCE East along the South boundary line thereof, 112 5 varas more or less to the Southeast corner of a tract conveyed by W A. Edwards to S M Bradley, County Judge of Denton County, Texas, by deed dated March 20, 1886, shown of record in Vol 31, page 109, Deed Records of Denton County, Texas, THENCE North with the East boundary line of said last mentioned tract, 75 13 varas to the Northeast comer thereof, THENCE West 112 5 varas more or less to the Northwest corner of a tract conveyed by W A Edwards to the Trustees of Rippey School by deed dated November 18, 1881, shown of record in Volume S, page 176, Deed Records of Denton County, Texas, Order For Sale Of Real Property Page - 1 THENCE South with the West boundary line of said last mentioned tract 75 13 varas to the place of beginning and containing 1-1/2 acres of land, more or less, being the same property conveyed to Neal C White and Hazel White, his wife by Deed from W H Edwards recorded in Vol 428, Page 50 of the Denton County Deed Records 4 The general bond of Guardian as required by law is sufficient for the present time 5 The sale sought in the foregoing application is necessary and advisable for the following reasons The expense of providing for the support and maintenance of the ward is continuing and the present funds on hand will eventually be exhausted and the funds from the sale of the property will be needed for the support of the ward The ward has become disabled and can no longer use the property for residential purposes and the net rental income from the property does not amount to any substantial sum in excess of the expenses of operating and maintaining the property and the expenses for payment of the real estate taxes and insurance cost And further, the location of the property does not make it desirable or attractive as a private home site because of the City of Denton landfill near the property, and, the court having found that 6 The application should be granted, and the property should be sold IT IS THEREFORE ORDERED, ADJUDGED, AND DECREED that the property described in this order shall be sold at a private sale on the terns as set out in the Real Estate Sale Contract attached as Exhibit B to the Application for Sale of Real Property, which is on file herein IT IS FURTHER ORDERED that no additional bond shall be required of the Guardian at this time, and that after the sale has been made, a report of sale shall be returned in the manner required by law, at which tune an order will be entered requiring that all funds received from such sale be delivered to the Bank of America to be held for safekeeping and invested pursuant to the order dated the 18th day of April 1994 Order For Sale Of Real Propenv Page - 2 sL SIGNED this /o day of 1996 Order For Sale Of Real Property Page - 3 DENTEX TXTLE COMPANY 300 N. ELM, STE. 101 DENTON, TEXAS 76201 817-566-0282 FAX 817-566-6445 City of Denton 215 E McKinney Denton, TX 76201 RE G F # 9ti-1339D POLICY # RO-223251 PROPERTY 1 5 acres, Denton County, Texas Dear Madam or Sir, Cr-__ f .Nl 2 4 W6 Gideon Walker survey, Abstract 1330, Enclosed herewith please find your Owner Policy of Title Insurance on the above referenced transaction Your original Warranty Deed was filed with the County Clerk of Denton County, Texas It will be returned to you by the County Clerk If you require anything further, please do not hesitate to call Thank you for selecting Dentex Title Company to assist you with your title insurance needs It has been our pleasure to do business with you Sincerely, /'l X-� A&'�-ew Kellie Stevens DENTEX TITLE COMPANY encl A10195 TEXAS RESIDENTIAL OWNER POLICY OF TITLE INSURANCE Issued by RO- 223251 Alamo Title Insurance of Texas TABLE OF CONTENTS PAGE OWNER'S COVERAGE STATEMENT 1 COVERED TITLE RISKS 1 OUR DUTY TO DEFEND AGAINST COURT CASES 1 SCHEDULE A 2 POLICY NUMBER, DATE AND AMOUNT 2 1 Name of Insured 2 2 Interest in Land Covered 2 3 Description of the Land 2 SCHEDULE B - EXCEPTIONS 3 EXCLUSIONS 4 CONDITIONS 4 1 Definitions 4 2 Continuation of Coverage 4 3 Your Duties if You Make a Claim 4 4 Our Choices When You Notify Us of a Claim 4 5 Handling a Claim or Court Case 5 6 Limitation of Our Liability 5 7 Transfer of Your Rights 5 8 Arbitration 5 9 Entire Contract Provision 5 10 Complaint Notice 5 Form T 1R Texas Residential Owner Policy of Title Insurance Ettecbve January 1 1993 AS luapwaJd A9 SVX31 dO ]ONVHnSN1 31111 ONVIV Rogod slgi u6peiunoo ism osle lqjed pemoyine uV `QUXW a Pus V selnputnS Ino4Pm sleldwoo lou sl Aollod 9141 q abed ass sumllpuo0 eql to b well ul pelsp suolldo mo 10 Aug Bulslmexe Aq 91111 moA puelap of Alnp awl pus um eM esnea algeuosaw lol AewOwv to emouo lno enaddeslP Agw noA Mau e1111 Pa16AM a Bulnlonul 1ou saw a 10 sped ow lol Aed IOU Illm aM asuelep 1941 ul +noul am legl sesuedxe pus seal sAewoge slsoo eql Aad Illm eM Aogad e141 Aq psenoo A81y e1p1 a BUIMonul saw pnoo g to aped to pad e41 ul elUl 1noA puelap 111m eM 6 6WON1e11101MIIWYK@IIkCEI G_— [_Z�S11 misr.1119 Pus wgl wml pug of seao0e 10 IgBu 196e1 Aug angq 1ou op noA el@ InoA uo saouwgwnoue Io sueq lewo we we41 11 e1111moAulsloelep Iewowewagl % will el4legelepw pus pgoB eneg lou op noA 0 pual moA uo luewesee us say sale suoewoS S suolldo io slogqum seseel to Ino BulsPe will moA ul s146P ene4 81e4* L paste noA law lapelew pue io a Io sue ienmo ou M QM Ienemo slop Am od e 1 woteq uolldeoul eul ene log Aed of q l 1 II 1 III H 1 p 4 4 4o14m lepelew pug Iogel �W epp moA uo sueq seAad l 9 uolleloosee wnwwopuoo 10 s leumoewoq a Aq etrg4o B . io luewssesse laloeds to xw IuowBpnle . laml to peep to ebeBPow a . to esnaoeq will moA uo uell a sl wegl S will moA of Aldde slumismo enpoulsey 0 uopeuosledwl Io Alloadaoul Aoueledwoow sswnp pnwl AIBBIol Io esnaoeq pllenul sl luewnoop V g Bullumw to Arenpep luewBpelmouAou wnlguBls ledwdwl to esnaoeq p11enu1s1-luewn0opV S ellll moA ul 1awelul us sumo ogle euoewoS 1 spsp epp pwenoo we weg111 noA wnsul op eM sgeP pwenoo ou we wetp le41 aslwmd lou op eM e1e0 Aollod w41 uo puel ow of ellll moA bade Awu 11 (6 d) sualsnlox3 pus IS d) suolldeox3 eql of loelgns sASP will Bulmollol aw wenoo Aollod s141 asnaa slgeuossw jol Aewopa p W1040 mo enmddallp of lgBp ow eneq noA Atom of sw6eq Aawope ow wolaq Aewopa ow enwdde isnw 6M A0110d 91411epun Aad CO MCI am sesuedxe pug seal sAewolle slaw AuV pus lunowV AOAod 04101 do A0110d a141 Aq Peleno'u wysu epp AuV . wwl Bulllnsw ssol leniou 1sweBa noA maul eM S pug q seBed uo suolppuoo . S ebed a slnpagoS ul suogdsox3 . q abed uo suolsnlox3 . BuIM01101 e41 Aq pellwp al losiuo0 algl Iepun eausnsul lnoA AeP e1111 Paenoo a ww{ BuMnsw seol a en94 noA p uogog iegio eMw oUo noA Aed of eslwwd a Bulueew /41uwapul to pelluo0 a sl 11 elpl +noA to podw 10 uoluldo us 1ou sl p eouwnsul 91111 sl luewnmp s141 V elnpsgoS ul umogs else Aollod 041 uo enlloete $1 luawelg)S e68Jan00 s141 ul pagp0sep as souemsul moA sun wnlulwopuoo 10 Apedwd lepueplsw Nlwgl cool of euo a el Pusl MCI V elnpagoS ul pequoesp pull e410l epp moA swnsul Aollod 6141 W [3171 R-03 1000. 1127 00 Property Cat&.• R County Code: 121 TEXAS RESIDENTIAL OWNER POLICY OF TITLE INSURANCE PAGE 2 SCHEDULE A G F. No 95-1339D Policy Number: RO-223251 Issued with Policy #• Policy Date: May 20, 1996 at 3:18 P.N. Policy Amount: $116,100.00 Premium. $1, 127. 00 1. Name of Insured. CITY OF DENTON, TEXAS 2. We insure your interest in the land covered by this Policy is- Fee Simple 3. Legal Description of land: ALL THAT CERTAIN 1.5 ACRES OF LAND, MORE OR LESS, SITUATED IN THE GIDEON WALKER SURVEY, ABSTRACT NO. 1330, DENTON COUNTY, TEXAS, MORE PARTICULARLY DESCRIBED ON EXHIBIT "A" ATTACHED HERETO AND MADE A PART HEREOF Dentex Title Company /j� By e 4 4 Alamo Title Insurance of Texas uthorized Countersigna� Form T-1R Texas Residential Owner Policy - Schedule A Effective January 1, 1993 EXHIBIT "A" Al l that certain tract of parcel of land, situated in Denton Cooly, Texas, out of the Gideon Walker Survey and being out of die Southwest comer of 138 acres of land purchased by W. A. Edwards from John R. Henry, and more particularly described as follows: BEGINNING at die Southwest comer of said 138 acre tract; THENCE East along the South boundary line thereof, 112.5 varas more or less to the Southeast comer of a tract conveyed by W. A. Edwards to S. M. Bradley, County .hedge of Denton County, Texas. by deed dated March 209 1886, shown of record in Vol. 319 page 109, Deed Records of Denton County, Texas; THENCE North with die East boundary line of said last mentioned pact, 75.13 varas to die Northeast corner thereof; THENCE West 112.5 vows more or less to die Northwest corner of a tact conveyed by W. A. Edwards to the Trustees of Rippey School by deed dated November 18, 18810 shown of record in Volume S, page 176, Deed Recoils of Denton County, Texas; THENCE Saudi with the West boundary line of said last mentioned tract 75.13 varas to the place of beginning and containing 1-1 /2 acres of land, mom: or less, being the same property conveyed to Neal C. White and Hazel White, his wife by Deed from W. H. Edwards recorded in Vol 428, Page 50 of the Denton County Deed Records. G. F. No . 95-1339D Policy No . RO-223251 TEXAS RESIDENTIAL OWNER POLICY OF TITLE INSURANCE PAGE 3 SCHEDULE B EXCEPTIONS We do not cover loss, costs, attorneys' fees and expenses resulting from. 1 The following restrictive covenants of record itemized below (We must either insert specific recording data or delete this exception.). This exception is hereby deleted in its entirety 2 Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any overlapping of improvements. 3 Homestead or community property or survivorship rights, if any, of any spouse of any insured 4. Any titles or rights asserted by anyone, including, but not limited to, persons, the public, corporations, governments or other entities, a to tidelands, or lands comprising the shores or beds of navigable or perennial rivers and streams, lakes, bays, gulfs or oceans, or b to lands beyond the line of the harbor or bulkhead lines as established or changed by any government, or C. to filled -in lands, or artificial islands, or d to statutory water rights, including riparian rights, or e. to the area extending from the line of mean low tide to the line of vegetation, or the right of access to that area or easement along and across that area 5 Standby fees, taxes and assessments by any taxing authority for the year 1996 and subsequent years, and subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership 6 The following matters and all terms of the documents creating or offering evidence of the matters (We must insert matters or delete this exception.). a Rights of parties in possession. b Any visible and apparent easement$ over and across said property, the existence of which does not appear of record c Any part or portion of the herein described property lying within the boundaries of a public or private road or right of way. d Any outstanding oil, gas and other mineral interest owned by others of record in the office of the County Clerk of Denton County, Texas, including, but not limited to the following: Oil, gas and mineral lease from Neal C White at al to Standard Oil Company of Texas filed July 8, 1957, recorded in Volume 430, Page 456 of the Deed Records of Denton County, Texas. Alamo Title Insurance of Texas Form T-IR Texas Residential Owner Policy - Schedule B Effective Jan 1, 1993 CONTINUATION OF SCHEDULE B G F No.: 95-1339D Policy No.: RO-223251 *Title to said mineral leases/reservations have not been researched subsequent to date of document. e No liability is assumed by reason of location of fences, a portion of the property lying within Foster Road, telephone lines, electric lines, power poles, light poles, and concrete and gravel driveways, as shown on survey dated April 18, 1996 by J.E Thompson RPLS #4857 Alamo Title Insurance of Texas Form T-IR Texas Residential Owner Policy - Schedule B Effective Jan 1, 1993 SOMME POP 0 W z — 7' � * o ,_.j M w — �• p r F•}p h.r. O02 /I� CD CD r x vl O - ® N O V CI OD 01 O O A — � n m OZ£S-M-008-1 :zriva `ZAIId'Idw0a d 21MVw O.L Aollod sI4110 uoglpuoa jo pad a awoaeq lou soop 11 Aluo uogewjolm jol si wnpawjd luleldwoo to aailou s141 9FK-RT-O�1 St 3ONVunSNI HO 1NMiHVd3O SVX313H1 uw H3gWON 33Hd 11013H1 ILLI 9L6(Z 19) ON xed 1606 V"qL XI ugsnV 160661 xOg O d eouejnsul to luewpedaO sexal eql alum Aew Oslo noA wapoud ayl anlosw lou op eM 11 OZEs Z6Z oos L sl tl3sWHN 33tld 1101 tln0 an of alum 10 1ueBe aql loeluoo Pohl eney noA legl wrelo a Inoqe jo wmwajd jnoA Inge ague alndsip Aue pino4S 15115—Ni—NIVTdW05 0l swal Sp of loolgns s1 Pug Ao110d sigl japun aq Isnw sn Isule6e eyew noA wlelp AuV sn pug noA uaamlaq loejluoa ejque 841 aje LIM18 am sluawOSjopu3 Aug Pus AOgod s141 NOISIAOUd1OtlH1N 1N 6 an wal seines oql to Adoo a 196 uea noA polewl si Apadad eql wagm weld e4110 Mel a41 si uogwpgje agj w pasn mel e41 eleO Aogod uo eouelslxe u1 selntl io selnH luenno awogo Aew noA uogeloossV uo11w11gjV ueauawV 04110 sal% uogwpgjV eouwnsul spil 941 japun aq Ilegs uo8ejllgje eq1 pnoo jedmd aye w 1uaw6pnl a as pwalue aq q jo/pun mel alals Aq Pemope 11 seal sAawolle epnlow e Aew pjeme uogejllgje e41 ens of 146u jnoA pus s1g6u tuwoslp ewos do 9m6 Aew noA uo1le ligje asoogo noA B welsAs pnoo e41 eon jo uollelpew to wjol jagloue jsplsu0O of 4sim Aew noA luswepl9s sweep to Isoo pug awn a41 uessel Aew II uogniosw alndsip engewaNe to sueaw euo $1 uonwllgjV sn pue noA uaamlaq alndsip w jallew Aug aploep Aew uollwllgje e41 wlelo a e111 noA ue4m uo,pupcj6 of aw6e Aew am pug noA mel Iwepel jo sexel japun poolwjed sl p ll 491 sl Isym dewy of ll6p a enaq OM Pled lou eneq am ssol jnoA to pad lenalegm Aed Illm am slg6u e9e416wwolue wwl MOM am A9uoW e4l 4UM elgejenwej eq 1461w legl lunowe Aug jenww lou op am 11 jo s1g6u esa41 ensjnd lou op am 11 noA of elgull aq lou II1m eM s146p asegj 6ulwolue u1 ewau jnoA asn an eel Isnw noA slg6u esagl lodge of 6u1g1Aue op lou Isnw noA pug ysa am ue4m an of s146q N041 jelsueN Isnw noA weep ell of peleiej Apedwd jo uosjed Aug IsuleBe peg noA s146u age Ile ene4 OM UIBIO a 01009 GM ue4M SIHOM unaxdO H3ASNVWIL uolioe moA to linsej s se peonpej ejo sesuedxe jno 4o1ym Aq lunowe Aug Apllgell jno of yaeq ppa Isnw am ing asuelep jo 14Bp 1e4110 enjIM e41 peonpou noA 4o14m Aq lunowe all A 11,cB11 jno wwl lowlgns ueo am ene4 Aew noA asuelep jo Ajanooej to 146u Aue IaaHe of BulglAue op noA B a ' lunowe Aollod jnoA wwl peloeNgns eq Ipm pug Aoilud jnoA japun noA of IuewAso a pweplsuoo 61 jep104 80061jow ey1 of pled lunowe e41 noA BulAad to pelsul jeplo4 eBeBpow e41 Aed Aew am ys1H e1111 PeJ$AO0 je4loue senlanw wlelo 04111 smolle AGPI04 e6e6pow 6y1 pug noA usemlaq lueweaj6e uallpm a ue4m noA WIWI to peelsul leplo4 e6e6pow pelnsul us Aed Aew am luewesea ue sl NSltl ellll PwaAOO e4111 P junowV Aoilod moA wojl pelosjlgns eg plm sesuedxe pug seal sRewolle slow jol ldeoxe Aoqod s14V spun ayew am sluewAed pV o 11 jol Allllgell jegpnl ou OA94 lllm am 1110 oolou Bulj4e0ej jells Aollod 9141 japun uo1p918410 eye] jo eoua61l1p olgeuosew qum allll ]noA IsuwBa wlelO 841 enowaj OM B q ssel sl jeAe4Ol4m spew s1 wleio egl uelm eojol w wnowV Aollod a41 jo ssol lenloe jnoA of do Aed 1pm eM e 6ulmollol 941 Aq Pallwll s1 Apllgaq jnO )uninvn uno30 NOLLVIffill 9 Bulpuelep Aq yap elNI PWGAOO a sl je4sw 0411841 Moe IOU op eM poploep Allsu4 s1 eseo jnoA lllun wlelo jnoA Aso al ene4 lou OP aryl pnoo 1se4614 sql of uolsloop Aug leedds ueo BM esneo elgauoaeau jol ABwopa to W1040 jno enaddeslp o114Bu ey1 ene4 noA Aewolle a41 esoogo of lg6u a ane4 am a1111 jnoA jeep 01 ens jo puelep am ue4M aOuanpa ul enwdde eM 1s41 sesuedxe pug seal sAawalle slaw luawel4es esogj jol Aluo noA Aedw Isnw am uollauuo1u11uenelw lie an enlB pug eseo pnoo jo wlela Aug Bwlpue4 ul on ypm aleledow Isnw noA H 9 In addition to the Exceptions In Schedule B we do not insure you against lose costs Star a fees and exppeenses resulting from these Exclusions 1 We do not cover loss caused by the exercise of governmental police power or the enforcement or vlolatlon of any law or government regulation This Includes building and zoning ordinances and laws and regulations concerning a Land use Is Improvements on the land c Land division This exclusion does not apply to notices of violations or notices of enforcement that appear In the public records at Polley Date However there may be an Exception In Schedule B We do not cover the right to take the land by condemning it unless a a notice of exercise of the right appears In the public records on the Policy Date or b the taking happened before the Policy Date and Is binding on you If you bought the land without knowing of the taking We do not cover tide risks a that ere created allowed or agreed to by you Is that ere known to you but not to us on the Policy Date unless they appeared In the public records c that result In no loss to you or d that first affect your title after the Policy Date this does not limit the labor and material Ilan coverage In Item 6 of the Covered Title Risks We do not cover the effect of fallure to pay value for your title We do not cover lack of a right a to any land outside the area specifically described and referred to In Item 3 of Schedule A to In streets alleys or waterways that touch your land This exclusion does not limit the access coverage In the Covered Title Risks We do not cover any claim based upon allegations that your purchase of title (or acquisition of title by gift or otherwise) a was a fraudulent conveyance fraudulent transfer voidable distribution or voidable dividend b should be subordinated or recharactenzed as a result of equitable subordination to was a preferential transfer unless (1) the Company or Its Issuing agent failed to timely file for record the deed to you after delivery or (2) the recordation of the deed to you Is not legal record notice (We do cover the has types of claims described In is (1) and c (2) above) We do not cover the refusal of any parson to buy lease or lend money on your land because of unmarketablllty of the title We do not cover claims concerning the physical condition of your land or of the access to your land CONDITIONS a Actual, LOS This Is the difference between the value of your land without the covered title disk and the value of your lend with the covered title risk These values are the respective values at the time you must furnish proof of your loss Is Qocyslsd( A deed or other conveyance of title to you or a prior owner c F99@ptsW A podlon of your land someone else has the right to use for a special purpose d Govemmem eqI lei tlon Any federal state or local law constitutional provision regulation ordinance, or guideline e Lttd The land or condominium unit described in Schedule A and any improvements on the land that are reel property f Knowledge or known Actual knowledge not constructive knowledge or notice that may be Imputed to an Insured by the public records 9 modest@ A type of lien on the land such as a dead of trust or other security Instrument In Public Records Those records required by Texas law and maintained by public officials In the county where the properly, Is located that give legal notice of matters affecting your title I Ilts The ownership interest in the land as shown in Schedule A We. us or our The title insurance company This Is Alamo Title Insurance of Texas TheFinauredRAGP_ 2 CONTINLI TION OF COVE We Insure you as long as you a own your Title b own a mortgage from anyone who buys your Title or c are liable for any Title warranties you make We insure anyone who receives your title because of your death We do not Insure our transferee or assignee 3 YOUR D TI S IF YOU O MAKE A AIM You must follow this process to make a claim a YOU Must Give Us Notice Of Your Claim If anyone claims a fight against your insured title you must notify us promptly Send the notice to 613 N W Loop 410 Bt 00 San Antonio TX 78216 or call 1 800 292 5320 and ask for a claims attorney If you initially notify us by phone we recommend that you also notify us In writing Please include the Policy number shown In Schedule A and the county where the land is Our obligation to you is reduced or ended if 1) you fail to give prompt notice and 2) your failure affects our ability to dispose of or to defend you against the claim Our obligation Is reduced only to the extent that your laifure affects our ability to dispose of or to defend you against the claim b You Must Give Us Proof of Your Loss d We RecueSt It You must send to us if we request your signed proof of loss within 91 days of our request on a standard form supplied by us Within 15 deya after we receive your notice of claim we must request a signed proof of loss If not we waive our right to require a proof of lose This waiver will not waive our other rights under the policy The statement must have the following information to the best of your knowledge (1) the Covered Title Risks which resulted in your loss (2) the dollar amount of your loss and (3) the method you used to compute the amount of your loss We may require you to show us your records checks letters contracts and other papers that relate to your claim of lose We may make coples of these papers If you tell us this information is confidential we will not disclose it to anyone else unless we reasonably believe the disclosure is necessary to administer the claim d You Must Answer Question Under Oath Our obligation to you reduces or ends if you fail or refuse to (1) (a) provide a statement of loss (b) answer our questions under oath or (c) show us the papers we request and (2), your failure or refusal affects our ability to dispose of or to defend you against the claim a After we receive your claim notice or in any other way learn of a matter for which we are liable we can do one or more of the following (1) Pay the claim against your title (2) Negotiate a settlement (3) Prosecute or defend a court case related to the claim (4) Pay you the amount required by this Policy (5) Take other action under Section 41b (6) Cancel this policy by paying the Policy Amount then in force and only those costs attorneys fees and expenses mourned up to that time that we are obligated to pay We can choose which of these to do b If you report to us that a covered title nsk exists we will promptly investigate to determine if that covered title risk Is valid and not barred by law or statute A covered title risk Is a title risk that this Policy does not exclude or except If we conclude that your claim or any pad of your claim is covered by the policy we will take one or more of the following actions to the extent that it Is covered (1) Institute all necessary legal proceedings to,.lear the title to the property (2) Indemnity you pursuant to the terms of the policy (3) Issue a new title policy without making exception to the covered title risk If another Insurer issues the new title policy to your purchaser lender or other transferee without making exception to the covered title risk we will indemnity the other insurer (4) Secure a release of the covered title risk c If we deny your claim or any pan of your claim not more than 15 days after we deny the claim we wilt �1) notify you in writing and 2) give you the reasons for denlal of your claim In writing PAGE /