1994-033b: \pot ter\judgappr .o
AN ORDINANCE OF THE CITY OF DENTON, TEXAS, AUTHORIZING THE CITY
ATTORNEY TO APPROVE THE PROPOSED JUDGMENT IN CITY OF DENTON VS.
JOHN W. PORTER AND WIFE, MARGARET G. PORTER RELATING TO THE
EXTENSION OF THE RUNWAY AT THE DENTON MUNICIPAL AIRPORT;
AUTHORIZING THE EXPENDITURE OF FUNDS; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, John and Margaret Porter have approved the terms of a
proposed judgment to be signed by the Judge of County Court at Law
No. 3 of Denton County if the city of Denton concurs with the terms
of such judgment; and
WHEREAS, the City of Denton desires to extend the runway at the
Denton Municipal Airport and finds that the terms of the proposed
judgment are reasonable and would allow progress on the runway
extension project to continue; NOW, THEREFORE,
THE CITY COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS:
SECTION I. That it authorizes the city Attorney to execute the
proposed Judgment in Cause No. CV-92-00522-C, styled City of Denton
vs. John W. Porter and wife, Marqaret G. Porter, that is attached
hereto and made a part hereof for all purposes, if such judgment is
executed by the attorney for the individuals and lienholders owning
an interest in the property being condemned.
SECTION II. That it authorizes the expenditure of $26,293.00
for the purchase of 9.6 acres in fee simple and such other
expenditures in accordance with the terms of the Judgment at such
time as the Judgment has been signed by the Court.
SECTION III. That this ordinance shall become effective
immediately upon its passage and approval.
PASSED AND APPROVED this the /~ day of ~/~~, 1994.
JENNIFER WALTERS, CITY SECRETARY
DA%B'RAA. DRAYOVITCH, CITY ATTORNEY
NO. CV-92-00522-C
CITY OF DENTON, § CONDEMNATION PROCEEDINGS
Plaintiff § FILED WITH THE JUDGE OF
VS. § THE COUNTY COURT AT LAW
§ NO. 3, IN AND FOR
JOHN W. PORTER, and wife, § DENTON COUNTY, TEXAS
MARGARET E. PORTER, §
Defendants §
JUDGMENT
On this the /~ day of ~A , 1994 in the above
styled proceeding came on to be considered the Award of Commis-
sioners filed with the Judge of the County Court at Law No. 3 of
Denton County, Texas, on the 20th day of January, 1993.
And, it appearing that the parties have agreed and compromised
this matter, and have agreed to waive objections to such award
which are on file in this matter, and acknowledge same by the
signature of their counsel to this judgment.
And, it appearing that the city will pay the sum of Twenty-six
Thousand Two Hundred Ninety-three and Noel00 Dollars ($26,293.00)
for the fee simple title to that certain property situated in the
city of Denton, Denton County, Texas, being heretofore described in
the AWard of Commissioners referenced above which is incorporated
herein and made a part hereof for all purposes.
IT IS THEREFORE ORDERED, ADJUDGED AND DECREED:
1. That the Commissioners' Award in this proceeding, as
modified below, is adopted as the Judgment of this Court;
2. That the city of Denton, Texas does have and recovers from
John W. Porter and wife,.!Margaret G. Porter, the fee simple title
in and to that certain property (9.6 acres) situated in the city of
Denton, Denton County, Texas, being heretofore described in the
incorporated Award of Commissioners, and the same be, and is hereby
vested in the city of Denton, Texas;
3. That Defendants, John W. Porter and wife, Margaret G.
Porter do have and recover from the city of Denton the said sum of
Twenty-six Thousand Two Hundred Ninety-three and No/100 Dollars
($26,293.00);
4. That John W. Porter and wife, Margaret G. Porter will not
be responsible for erecting or maintaining a fence between the 9.6
acres herein vested in the City and the Porters' remaining
property. The City of Denton shall be responsible for erecting and
maintaining a fence to keep livestock pastured on the Porters'
property from roaming out onto city of Denton Municipal Airport
runways or taxiways.
5. It is further ORDERED that all costs of court in this
behalf incurred be and the same are hereby taxed against the party
incurring same, and that the city of Denton may have its Writ of
Possession, if same is necessary, upon payment of the Commis-
sioners' Award into the registry of the Court or to John W. Porter
and wife, Margaret G. Porter directly.
SIGNED this the /0 day of ~A~k , 1994.
JUDGE PRESIDING
COUNTY COURT AT LAW NO. 3
DENTON COUNTY, TEXAS
Judgment/Page 2
APPROVED:
BUCEK
ASSISTANT CITY ATTORNEY
CITY OF DENTON, TEXAS
~IKE GRIFFIN, ATTORNEY F~R
JOHN W. PORTER AND WIFE,
MARGARET G. PORTER
Judgment/Page
AAA010CD
No. CV-92-00522-C
CITY OF DENTON, §
PLAINTIFF § CONDEMNATION PROCEEDINGS
VS. § FILED WITH THE JUDGE OF
§ THE COUNTY cOURT AT LAW
JOHN W. PORTER AND WIFE, § NO. 3 IN AND FOR
MARGARET G. PORTER, § DENTON cOUNTY, TEXAS
DEFENDANTS
AWARD OF SPECIAL COMMISSIONERS
~ .On the day of ~-~:-~.~/_ , 1993 , came to be
considered the above matter, before the Special Commissioners and
freeholders of Denton County, Texas, duly appointed by the Judge of
the County Court at Law No. 3 of Denton County, Texas, upon the
Plaintiffs Original Statement in Condemnation of the City of
Denton, filed on the 21st day of October, 1992, in said Court,
praying for the condemnation of certain parcel(s) of land required
for fee simple interest over lands and premises of Defendants for
the public purpose of expanding the Municipal Airport to provide
for the construction of an extension to the existing runway, said
parcel of land being described more particularly in Exhibit "A"
which is attached hereto and made a part hereof for all purposes.
The said Special Commissioners having given notice, and the
said Defendants having been duly and properly served with notice of
the time of hearing and the place of meeting, all as required by
law; and the city of Denton having appeared through its Attorney of
Record, Mike Bucek, Assistant city Attorney for the City of Denton
and Defendants having appeared through its Attorney of Record, Mike
Griffin, and all having announced ready for trial, all matters
involved in said condemnation were submitted to the said Special
Commissioners and the pleadings and evidence having been heard by
us, the said Special Commissioners, assess the damages resulting
from this proceeding in eminent domain to Defendants as follows:
a. Value of the fee simple interest being condemned:
!
b. Diminution of the value of the remainder by reason of the
severance, if applicable, of $ ~ ~ ;
c. Total damages that will accrue to Defendants as a result
of this condemnation; $ )~,'~ 00
We herein award the above described land and the title to same
as requested by Plaintiff to the Plaintiff for the named public
purposes, with full and complete right, use and possession thereof.
We adjudge the costs in this proceeding which have accrued to
date of $ 7~ (including court filing fees, and the
expense of serving notice upon the Defendants) and the reasonable
i Commissioners to be set by the Court, against
fees of the Spec ~
~.~ ~£~ ~/~ (City of D~n~r Do~ 71)for the
C%~ provided by law. .~A-- ~ / //
reasons
CO~O~R ~ITH ~RSB~
~ ~ ~[SSIONER~ HOLT
CO~ISSIONER D~ T~ELL
The foregoing award was filed with me on the ~x/fJ '- day of
~UDGE PRES lq~ING
EXHIBIT "A"
FI~,n NOTES
ALL ~hat c~%~ein lot, tract, or parcel of land situated in Denton
County, Ta~ae and being part of the William Wilburn Survey A-1419
and also par~ of a tract dated September 27, 1991 from L.R. Downs
and wife Sue Mlngo Downs to John W. Porter and wife Margaret G.
Porter recorded in Volume 3071, page 158 of the Real Property
Records of Denton County Texas and being more particularly
described as follows=
8EGXNNING at the northwest corner of "Tract II" show~ by deed to
the City of Denton, Texas, recorded in VoluLe 871, Page 142 Deed
Recorda~
THENCE north 6' 10' 41" west a distance of 504.41 feet to a point
for a cornar~
THENCE south 88' 35, 51" east a distance of 916.54 feet to the
canter line of Maech Branch Road~
THENCE south 1' 24' 09" wast with the center of Maach Branch Road
100.0 feet to the nor~heaat corner of #Tract III" of said City of
Denton tract~
THENCE north 89' 35' 51" wear with the north line of said "Trac~
III" 50.0 feat to the northweat corner of #Trac~c III#~
THENCE south 1' 24' 09" wast with the loat easterly wear line of
"Tract III" 400.0 feet to the nor~heaat co,nar of said "Tract II#~
THENCE north 88' 35' 51" west with the north line of "Tract II"
900.0 feet to the Point of Beginning and containing 9.679 acres of
land.
AEE00015
Guaranty Company
COMMITMENT FOR TITLE INSURANCE
ISSUED BY
We, Title Resources Guaranty Company, will issue our title insurance policy or policies (the Policy) to You (the
proposed insured) upon payment of the premium and other charges due, and compliance with the requirements in
Schedule B and Schedule C. Our Policy will be in the form approved by the Texas Department of Insurance atthe date
of issuance, and will insure your interest in the land described in Schedule A. The estimated premium for our Policy
and applicable endorsements is shown on Schedule D. There may be additional charges such as recording fees, and
expedited delivery expenses.
This Commitment ends in ninety (90) days from the effective date, unless the Policy is issued sooner, or failure to issue
the Policy is our fault. Our liability and obligations to you are under the express terms of this Commitment and end
when this Commitment expires.
Title Resources Guaranty Company
THE FOLLOWING COMMITMENT FOR TITLE iNSURANCE IS NOT VALID UNLESS YOUR NAME AND THE POLICY
AMOUNT ARE SHOWN IN SCHEDULE A, AND OUR AUTHORIZED REPRESENTATIVE HAS COUNTERSIGNED
BELOW. Revised January 1, 1993
'luewes~opu3 enleA pesee~oul ue ppe ol seeJ§e Xuedwoo eqi pue eiep Jelel e le e§sJe^oo ~noX eseeJou~ ol lue~
noX sse un s~nl~e]d BUOI~IppB ~UB e~O 1OU I~ no~ 'penssl si AO O~ eql ueq~ pled eq lsnm ~OllOd
'XO!lOd JnoX ol uo!ldeoxe slql ppe ol Xued~oo
eql ~Olle pue ~ot uo~ioedsul lo ~eA~e~ e uO~s lsnm noX 'uo~loedsu~ u~o ~noX e~em
Joj no~ eSJeqo ~ Xuedmoo eql 'puel eql ~dnoo~ OqM sJeploq lua~esee Jo sJeu~o esJeApe 'sJelueJ s~ qons 'suosJed
o~j~oeds Jo siqO~J eql lsu e6e noX eJnsum lou pue ol ldeoxa Xe~ ~ued~oo eqi '~edoJd
Jo Xuedmoo eql 'uo~1daoxe s~qi esnja~ noX ~1 ,,'uo{ssassod ul sel~ed to siq6~J,, o1 uo~ldeoxe ue pps
'Xoqod eql u~ suo ldeoxe le oads 6u 4e~ Xq s~a qoJd Xe~ns
eJnsu{ ol ~ou ep!oep ueql Xe~ ~ued~oo eqi 's~ue~eAoJd~l Jo 6umddepeAo ~o 'SUOlSn~oJd ~o slue~qosoJoue ,SeUlI
~epunoq u~ siO,ltUOO Jo se~ouede~os.p Jo esneo~ SSOl lsu~s6e no~ e~nsu~ I1~ XO~lOd ~no~ '~usd~oO eq1 ol elq~deoos
si ~e~ns eql il 'lua~pueme eqi ~ot ~n{~a~d leUOlllppe ue ~ed lsn~ no~ '~O!lOd ~eu~o eql uO 'Xe~ns e qs~u~nj
lsnm no~'lue~pue~e s~qlie5 oi '(~ qds~5eJed '~ elnpeqos) uo!Ideoxe ,,~spunoq pus ee~e,, eql jo luempuemsisenbe~ --
:e~e ~ep~suo3 ol sa6ueqo eq1 Jo e~os '~O~lOd eql u. se6usqo lsenbe~ ~em no~ 'penssl s~ XOllOd eql e~oj~
'6~'~-008- L 5UllleO ~q eoue~nsul ;o luam~sdeo sexei eql ~oJ; ~o!lod eql sUl~ldxe 1~ql e~nqoo~q e la5 osl~ uso noi
1~ ~ued~oo eoue~nsul ell!l eql 5U.llSO ~q eoue~SUl Jo lue~ede~ ssxei eql ~q peAoJdde m~oi ~O{l~d eql jo Xdoo s le6 ueo noA
'suo!l!puoo lUeml~moo eql ss e~es
~o{Iod eqi 'lue~l~m~oo eql u~ pessnos.p ~o u~oqs lou 1hq ~O~lOd eql u. peu,~uoo a~e ~eqi '~ued~oD eql Jo esoql
puesaq~ ~qmuodsa~no~ epnlou~ suo ~ puoo 'eOe~eAoo ~noX 1~ I~o~ enbleql suom~o~d leUO~l~PPe e~e SNOIIlaNOO
'lUe~l~moo eql ul pessnos~p ~o
u~oqs lou Inq ~oqod eql u~ peu~eluoo e~e suo~snlox~ 'JeAoo lou seop ~lle~aue5 ~o4od e 1sql s~sl~ ell~l
'XO!lOd eql Jo ~ alnpeqoS uo eq II!~ suo!ldeoxa lie 'penss~ s! ~O~lOd eql uaq~ 'luam$ ~moo
ql~ ~ldmoo lou op no~ t~ pepps eq osls uso ~eqi 'lueml~mmoo eqlto O elnpeqos Ul passnos~p ~o ~ elnpeqoS uo u~oqs
a~s suo~ldeox~ 'eouelsu~ ~elno ~ed e u~ JeAoo lou seop lnq s~eAoo ~1 ~eue5 ~OllOd e leql sHsu ell 1 e~e ~NOlid~OX~ --
'~°leq peu!Jep'su°~l~Pu°O PUe su° sn °x~ 'su°~lde°x~ s ~°~ °d eql~q Pel~m4 eq ~ eSsJeAoo eql'pensm si ~o iOd ~no~ ueq~
'PUel eql to esn ~no~ pus ellll
~noX loewe II~ s~e~em eseqi '~euJo~e ue ql~ lueml ~ aoo eql lo O Pue B sa ln peqos u~ u~oqs
noA *~eql ~e~oo ol esnie~ ~ ~uedm°o eql ~o Pe~isqes eq lsn~ leql slue~e~mbe~ eseql slsq lueml~mmoo eq1 jo O elnpeqoS
· lam 6u~eq slueme~nba~ u e~eo uodn peuo~l~puoo s e~nsu o~ es ~oJd eql ~eqleq~ SeAIOAU~ UOllSU~elep eql lo Msd Jeqlouv
'~OllOd eql ~q pa~e~oo aq lou II!~ s~sp eseqi 'suo!snlox~
ss ~o~ Od eql u~ pelelS e~e s~su ~eqlo 'suoqdeox~ s~ luem~l~oo peqosae sql Jo ~ e npaqos ul pelSli e~s s~su eseql ;o e~os
· ~ollod eql ~q pe~eAoo eq lou I~ leqi s~su um~eo ~ot ldeoxe ell~l eql e~nsu oi uo s oep s ~ued~oo sql seAIoAul uo~lsu ~elap
seq uo~leu!m~elep s!qi 'elqmnsu! s! e11!1 aql ~eqleq~ seu~elep (~uedmoo eql),~usd~oo
eous~nsul ellli eql '(~O~lOd eql) ~o~1od eoue~nsul ellli ~o (lue~l~mmoo eql) eous~nsul ell~i ~oj lUeal~aoo s 6ulnss~ e~oiea
'sluema~lnba~ pue sm~el s lueml!~moo eql ol loe[qns ~o!lod
~no~ ~o ~ode~ ~o uo~u~do ue lou s~ lue~l m~oD eqi 'sn pue no~ uee~eq los~luoo ese s s~ eoue~nsu
'uglooesus~l
ns ~eZ!lSUlJ s~ed eqoet el ep selue elue~sleld~oo
opepuelue ~ eluemesopep!no opeal eqap pelsR 'l~Sel 'eisp 5u!solo
oluemnoop un se os!~o~dmoo I~ 'oln1~1 ep o~n6es ep Jno~ e~oteq l~ puels~epun Xleleld~OO
SZllgd el ~!l!me ep solniJl ep eJope~n6ese e~edmoo ~e~Ae~ Plnoqs noA 'lue~noop ISSel s si luemll~mOO eqi
slepesemoJdelseo nlieps~nOese~ed os~moJd~ool~ 'XO!lOd eoue~nsu~ elll
'pepe~do~d ns ep eous~nsu~ e11,1 eql s, eoue~nsul ellli ~oj luemll~Oo eqi
olnljl le ~eloeje uepend enb so6sep sopelo ap seluellnse~ 'e1111 ~no~ ol s~sp Ul~eO
sepjp~d e ugloele~ ue e~n6ese el oln1~1 ep oJn6es i~ moji 5u{llnse~ SSOl lsuls6s noX se~nsul eous~nsul
Title Resources Guaranty Company
COMMITMENT FOR TITLE INSURANCE
SCHEDULE A
GF NO. OR FILE NO.: 94101189
Effective Date: September 6, 1994 at 8:00 AM
1. Policy or Policies to be issued:
(a) OWNER POLICY OF TITLE INSUIL4.NCE (Form T-i) Policy Amount $13,793.00
(Not applicable for improved one-to-four family residential real estate)
Proposed Insured:
CITY OF DENTON
(b) TEXAS RESIDENTIAL OWNER POLICY OF TITLE INSURANCE Policy Amount $
ONE-TO-FOUR FAMILY RESIDENCES (Form T-1R)
Proposed Insured:
(e) MORTGAGEE POLICY OF TITLE INSURANCE Policy Amount $
Proposed Insured:
Proposed Borrower:
(d) MORTGAGEE POLICY OF TITLE INSURANCE ON INTERIM CONSTRUCTION LOAN Binder Amount $
(Form T-13)
Proposed Insured:
Proposed Borrower:
2. The interest in the land covered by this Commitment is:
FEE SIMPLE
3. Record title to the land on the effective date appears to be vested in:
JOHN W. PORTER and wife MARGARET G. PORTER and EAGLE FARMS, INC.
4. Legal description of land:
Being 9.679 acres out of the WILLIAM WILBURN SURVEY, Abstract No. 1419, ,t,~,,the
City of Denton, Texas, and being more particularly described on Exhibit
attached hereto and made a part hereof for all purposes.
This Commitment valid only if Insuring Provisions Page of Pages
Revised J an uary--~'~;[', 1993
Commitment to Insure
For Use in the State of Texas and Schedules A, B, C and D are attached.
Title Resources Guaranty Company
COMMITMENT FOR TITLE INSURANCE
SCHEDULE B
EXCEPTIONS FROM COVERAGE
GF NO. OR FILE NO.: 94101189
In addition to the Exclusions and Conditions and Stipulations, the Policy will not insure you against loss, costs, attorney s fee
and expenses resulting from:
1. Intentionally Deleted.
2. Any discrepancies conflicts, Or shortages in area or boundary lines, or any encroachments, or protrusions or
overlapping of improvements.
3. Homestead or community property or survivorship rights, if any, of any spouse of any insured (Owner Policy only).
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 perinnlal 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 rights of access to that area
or easement along and across that area. (Exception 4 applies to the Owner Policy only.)
5. Standby fees, taxes and assessments by any taxing authority for the year 1994 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 terms and conditions of the documents creating your interest in the land.
7. Materials furnished or labor performed in connection with planned construction before signing and delivering
the lien document described in SCHEDULE A if the land is part of the homestead of the owner. (Applies to Mortgagee
Title Policy Binder on Interim Construction Loan and may be deleted if satisfactory evidence is furnished to the Company
before a binder is issued.)
8. Liens and leases that affect the title to the land, but that are subordinate to the lien of the insured mortgage.
(Applies to Mortgagee Policy only.)
9. 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. All visible and apparent easements or uses and all underground easements or
uses, the existence of which may arise by unrecorded grant or by use.
Ri hts of third parties, if any, with respect to any portion of the subject
b, n~g~n~rtv which lies within the boundaries of a public or private road. (May
~v~l~e~"~r"d~leted upon approval of current survey.)
This Commitment valid only if insuring Provisions Page of~ Pages
Revised January 1, 1993
Commitment to Insure
For Use in the State of Texas and Schedules A, B, C and D are attached.
Title Resources Guaranty Company
COMMITMENT FOR TITLE INSURANCE
SCHEDULE B (Continued)
NUMBER: 94101189
c. Easement to TEXAS POWER AND LIGHT COMPANY, filed November 10, 1944, recorded
in Volume 208, Page 595, Deed Records of Denton County, Texas.
d. Lis Pendens filed October 21, 1992 recorded in Volume 3354, Page 714, Real
Property Records of Denton County, Texas. in suit cause no. CV-92-00522-C,
styled CITY OF DENTON vs. JOHN W. PORTER etux.
e. Undivided 1/2 interest in Oil, Gas, and other Minerals described in
instrument filed January 31, 1982 recorded in Volume 1191, Page 521, Deed
Records of Denton County, Texas.
This Commitment valid only if Insuring Provisions Page of~ Pages
Revised January 1, 1993
Commitment to Insure
For Use in the State of Texas and Schedules A, B, C and D are attached.
Title Resources Guaranty Company
COMMITMENT FOR TITLE INSURANCE
SCHEDULE C
GF NO. OR FILE NO.: 94101189
Your policy will not cover you against loss, costs, attorneys fees, and expenses resulting from the following requirements
that will appear as Exceptions in Schedule B of the Policy, unless you dispose of these matters to our satisfaction, before the
date the Policy is issued.
1. Documents creating your title or interest must be approved by us and must be signed, notarized and filed for record.
2. Satisfactory evidence must be provided that:
no person occupying the land claims any interest in that land against the persons named in paragraph 3 of Schedule A,
all standby fees, taxes assessments and charges against the property, have been paid,
all improvements or repairs to the property are completed and accepted by the owner, and that all contractors,
subcontractors, laborers and suppliers have been fully paid, and that no mechanic's, laborer's or materialmen's
liens have attached to the property,
there is legal right of access to and from the land,
(on a Mortgagee Policy only) restrictions have not been violated that affect the validity and priority
of the insured mortgage.
3. You must pay the seller or borrower the agreed amount for your property or interest.
4. Any defect, lien or other matter that may affect title to the land or interest insured, that arises or is filed after
the effective date of this Commitment.
5. Deed of trust from JOHN W. PORTER and wife MARGARET G. PORTER to DONALD R.
HOGGE, Trustee, dated September 20, 1991, filed October 1, 1991,, recorded in
Volume 2071, Page 164, Real Property Records of Denton County, Texas, securing a
vendor's lien note in the sum of $376,000.00, payable to FARM CREDIT BANK OF
TEXAS, and securing other indebtedness as described therein, if any.
6. With respect to item 2 of Schedule C above, the Company will not except in any
policies to be issued pursuant to this commitment to "Lack of a right of access
to and from the land."
7. Require examination of appropriate corporate resolutions of EAGLE FARMS, INC.
authori zing this transaction.
This Commitment valid only if Insuring Provisions Page of Pages
Revised 3anua~"~-, 1993
Commitment to Insure
For Use in the State of Texas and Schedules A, B, C and D are attached.
Title Resources Guaranty Company
SCHEDULE D
GF NO. OR FILE NO.: 94101189
Pursuant to the requirements of Rule P-21, Basic Manual of Rules, Rates and Forms for the writing of Title
Insurance in the State of Texas, the following disclosures are made:
You are entitled to receive advance disclosure of settlement charges in connection with the proposed transaction
to which this Commitment relates. Upon your request, such disclosure will be made to you. Additionally, the name
of any person, firm or corporation receiving any sum from the settlement of this transaction will be disclosed on the
closing or settlemen~ statement.
You are further advised that the estimated title premium* is:
Owner Policy $ 311.00
Mortgagee Policy $
Endorsement Charges $
Total $ 311.00
Of this total amount: $59.09 will be paid to the policy issuing Title insurance Company; $155.50
will be retained by the issuing Title Insurance Agent; and the remainder of the estimated premium will be paid to
other parties as follows:
Amount To Whom For Services
$ 96.41 TITLE RESOURCES GUARANTY COMPANY TITLE SERVICES
$
$
*The estimated premium is based upon information furnished to us as of the date of this Commitment for Title
Insurance. Final determination of the amount of the premium will be made at closing in accordance with the
Rules and Regulations adopted by the State Board of Insurance.
The issuing Title Insurance Agent, Title Resources of Denton County, L.L.C., d/b/a Title Resources, is a
company directly owned or controlled by Gary H. Kirchoff.
The issuing Title insurance Company, Title Resources Guaranty Company, is a corporation whose shareholders
owning or controlling, directly or indirectly, 10% of said corporation, directors and officers are listed below:
SHAREHOLDERS:Security Title Agency; Lyda Bunker Hunt AIIred
DIRECTORS: Robert E. Philo, Jr.; Lyda Bunker Hunt AIIred; Alfred L. AIIred; Leroy J. Schneider; Kathy A. Schneider;
Phillip Wise; Ned Fajkowski; Vincent George
OFFICERS: President-Robert E. Philo, Jr.; Exec. Vice President/Secretary-E. Paul McNutt; Controller-Raymond Reece
This Commitment valid only if Insuring Provisions Page of Pages
Revised J an ua-"'~'~'~, 1993
Commitment to Insure
For Use in the State of Texas and Schedules A, B, C and D are attached.
Exhibit A
Ail that certain lot, tract., or parcel of land situated in Denton County, Texas and
being part of the WILLIAM WILBURN SURVEY A-1419 and also part of a tract dated
September 27, 1991 from L.R. DOWNE and wife SUE MINGO DOWNE to JOtIN W. PORTER and
wife MARGARET G. PORTER recorded in Volume 3071, page 158 of the Real Property
Records of Denton County Texas and being more particularly described as follows:
BEGINNING at the northwest corner of "Tract II" shown by deed to the City of Denton,
Texas, recorded in Volume 871, Page 142 Deed Records;
THENCE north 6 degrees 10 minutes 41 seconds west a distance of 504.41 feet to e
point for a corner;
THENCE south 88 degrees 35 minutes 51 seconds east a distance of 916.54 feet to the
center line of Masch Branch Road;
THENCE south il degrees 24 minutes 09 seconds west with the center of Masch Branch
Road 100.0 feet to the northeast corner of "Tract III" of said City of Denton tract;
THENCE north 88 degrees 35 minutes 51 seconds west with the north line of said
"Tract III" 50.0 feet to the northwest corner of "Tract III";
THENCE south 1 degrees 24 minutes 09 seconds west with the most easterly west line
of "Tract III" 400.0 feet to the northeast corner of said "Tract II";
THENCE north 88 degrees 35 minutes 51 seconds west with the north line of "Tract II"
800.0 feet to the POINT OF BEGINNING and containing 9.679 acres of land.
~0zgL XJ~ uoluofi
s.xoj~ 'uo~uofi jO'A~!D
CONDITIONS AND STIPULATIONS
1. If you have actual knowledge of any matter which may affect the title or mortgage covered by this Commitment,
that is not shown in Schedule B, you must notify us in writing. If you do not notify us in writihg, our liability to you is
ended or reduced to the extent that your failure to notify us affects our liability. If you do notify us, or we learn of such
matter, we may amend Schedule B, but we will not be relieved of liability already incurred,
2. Our liability is only to you, and others who are included in the definition of Insured in the Policy to be issued. Our
liability is only for actual loss incurred in reliance on this Commitment. Our liability is limited to the amount shown in
Schedule A of the Commitment and will be subject to the following terms of the Policy: Insuring Provisions; Conditions
and Stipulations; and, Exceptions from coverage.
IMPORTANT NOTICE AVISO IMPORTANTE
FOR INFORMATION, OR PARA INFORMACl0N, O
TO MAKE A COMPLAINT PARA SOMETER UNA QUEJA
CALL OUR TOLL-FREE TELEPHONE NUMBER LLAME AL NUMERO GRATIS
1-800-526-8018 1-800-526-8018
ALSO TAMBIEN
YOU MAY CONTACT PUEDE COMUNICARSE CON
THE TEXAS DEPARTMENT EL DEPARTAMENTO DE SEGUROS
OF INSURANCE AT DE TEXAS AL
1-800-252-3439 1-800-252-3439
to obtain information on: para obtener informacibn sobre:
1. filing a complaint against an insurance 1. como someter una queja en contra de una
company or agent, compahla de seguros o agente de seguros,
2. whether an insurance company or agent 2. si una compahia de seguros o agente de
is licensed, seguros tiene licencia,
3. complaints received against an insurance 3. quejas recibidas en contra de una compahla
company or agent, de seguros o agente de seguros,
4. policyholder rights, and 4. los derechos del asegurado, y
5. a list of consumer publications and services 5. una lista de publicaci6nes y servicios para
available through the Department. consumidores disponibles a trav~s del
Departmento.
YOU MAY ALSO WRITE TO TAMBIEN PUEDE ESCRIBIR AL
THE TEXAS DEPARTMENT OF INSURANCE DEPARTAMENTO DE SEGUROS DE TEXAS
P.O. BOX 149104 P.O. BOX 149104
AUSTIN, TEXAS 78714-9104 AUSTIN, TEXAS 78714-9104
FAX NO. (512) 475-1771 FAX NO. (512) 475-1771