HomeMy WebLinkAboutDevelopment Application - Supplemental InformationDGC -20 -1999 MON 05:02 PM
FAX N0.
P. 02/05
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� A d ��[ A R I Cf F L Y LAND T,L T L j, If S.TO IA TI COQ Pi MI7 I ENT ---- 1966
Issued by;
' 111
330 Second Avenue Sou S uite 820
M i fill eapolls, MN 55401
CHICAGO TITLE JNSUIZANCIE COMPANY
FILE NO 14807
C OMMITMENT FOR TITLE INSURANCE
CHICAGO TITLE INS URANCE COMPANY, a Corporation of M isso u ri Jwrcin cal led the
valuable consi d eration, hereb commits to iss • p(.)]' . � Company, f cy or policies of title 111surdUCC!, as identified in Schedule
r ill favor of the proposad Insured nanw in Schedule A. as owner or molt �� � o f t he ate O • 4
�reby in tie land described car referred to ` � e � � e � est . � � an t��est Co ver ed
iIn dido A, Upon pa yment of thy, p remiums an chines th ere f or;
! subject to the provislorls of Schedules A and B and tQ the Conditions and Stip ulati ons i
hereof,
a
This C017nrnittllen t shall b e effective only when the Identity 'of the ro posed Insored kind the h
)4 Y Or pol ities cor�irnirted for have h8e�� inserte i here � �e a�c.�ut�t c�i the
n Schodtiie .A h ereo f by the Coinp ether -t tile. 61110. of
e issuan e of this C0111rnitilten t or by mibsepent endorsement.
""his COMMI.tmellt is Prelirnil7(iry to th issuance of sue poiley or po licies of tide ir�su �� 4 � • F .
d ohlxgations tiere�tnder s hall cease and terminate s ix ly t . ��7 r 1�.�. a��d ��li lra��.��ty
six r� oaths aft the eftective slate liereoi^` or when the policy
policies committed for sli issue, whiehev(•r first omi provided that the fiii liire ' - � �.�
lieies is not file fault of the Company, a � , to iss e such pol��y ()I
IN WITNESS wII E EO F, Chicago Title Insura Company h as c aused this Comm
fed as of tine effective date of orr1n1it1�en ���v �x��trn ��t to he signed and sl n in SelIedule A the C ommitment 10 become valid when
411tersigned by an authorized. signatory,
'reed by:
)MMERCIA I, PARTNERS U,rj .,Ea ��I�� ` 1�s� �-
D SECON D .AVPNTJE . � SUITE 820
NhIE
2)337-2470
r
t orizA i r V, 06 �.
CHICAGO TIT ID'S U RAN ( %F,11omp,
11Y M
ddd 1
President
IL
B
6AC41-�It�
Secrcf'4 ry
.. t' +++ — — .........- i $#*' �� ai ' .. 5•t K15�Mr
DEC -20 -1999 MON 05:03 PM FAX N0, P. 03/05
CHICAGO TITLE INSURANCE COMPA
CQ11Q'MITMET
Reference Name: Valley ,Se n i or Services Alliance
SHEDULIE A
Effective Tare. December 10, 1999 at 7 :00 AM 1411o. No.: 14807
2= Policy or Policies Lo be is,�ucd;
A. AL,TA Own is Policy (104 -92) Amount $
Proposod Insurod9
13. A LTA Loan Policy (10 -17- 92) Amou ni $10,000
Proposed Insurod
Riefi field Bank and Trust Compa
C . Amount
'1 "I �� � t or 1t r r in the laird described or rof :erred to i11 die CojjjjnjLnjejjt an � s
o�r��� stn. I5 fee
simple, qind titl tlIMLO is Rt the e ffective date hereof vested ill;
Valley Senior Services Alliance, ft Mi non- ,profit corporation
4. The land referred to In the ConunimcNnt is aoscribed ,-cls follows
1,0t 1 Bloch 2, Boutwells L anding, seconding t o the recorded rat thereof, Washington .
]� � '��hrxx�t�n ou���� g
innewta,
Torrens Property
"I'ormns Cerfiflieatc No. (`gut Yet availa (prior Certiricate No. .52774
CONTACTS FOR TH FS - FILE ARE;
1�Naniiner; Tim Thrush (612 -2494)
Closes: ► harori Roane (612 -337 -2472)
To re(Itiest 4copi cs Of Schedule B docurnerat,s Please call otir I roduction Department at (612) 337
CZrWP1'1f 11 k' h
DEC-20-1999 MON 05:03 PM FAX N0.
CHICAGO TITLIE INSIER-,ANCE COMPANY
C-OMMITMIENT
Case No.: 14807 SCHEDVLE 1B
P. 04/05
Uj)on Payment of the fall considoration it), or I for the acc of , the g raintors or mort and recordili Of th
deeds and/or inort the form and execulbn of Which is satisfactor to [he Compan ilie polic or policies to
be issued containin exceptions in. Schedule B thereof to the followin nianers (unless the same. are. dispose
s d of the
nisf '�Iction of the C0111
7
I. If an owner's polic is to be issued LqS p of the pUy0fi
i the Mortgage mumbrance, if any, crca ,
ted
transaction,
2, DufecTs, Bens, encumbrances, advorse claims or other niaiters, if any, created, first appearin fn [ho public
rn,cords or aitachin stibse to the effecilive daie hereof but prior to die date the proposed Insured
�Icqlilres for value of record the estate or interest or inort thereon covered b this comnj'
3. Ri ts Of cl al"nis o C parties
In POSSession riot shomi b tho public records.
4. Fncroaclit-nents, Overlaps, boundar line disputes, and an other niatters whk�h would be diqclosed b (an
accurato surve aid IMP= OT1 Of tho premikes.
5. E or claims Of Casements not shown b die public, records.
6. An lion, or ri to lien, for services, labor or inaterlill heretofore or hererifto furnisficd) imposed b law
a id 10t shown b 1.110 public record
Taxes Of Special ft8sessmcnts Wfiloh are not sliown as existin lWns b the, public records,
8. General and special taxes quid 4-Issessrivnts as hereafter listed, if an ( - cUjj()tjTjtS Sll()Wn bein exclusive of
intcrcst penalties an(I costs
A) Real estate taxes PaY2111C in 1999 are pall.
Propert Idenji Ifleafl ion No. 05-029-20-13-0003
Propert Ideotificat'lon No. 05-029-20-24-0002
Propert Identification N 05-029-20-31-0003
NOTE: 7)"here are no delin taxeq of record.
NOTH: New Propert Identification No. for subject premises ri()t yet issued.
B) Levied or pendin asses,�mentj of record if an
NOTE; An assessniont search has been re and an endorsement wi follow with tile
results of that search,
9.
lZights Or claims- of tenants, as tenants 0111Y, ill POS-qesslon under unrecorded leases.
0, F,
("ombination Mort Securit Agreerneilt and Fixture Financin Statement and Assi of
Leases and Rents dated December 1, 1998, filed Decernber 31, 1998, as Document No. 1076191,
executed b Valle Senior $ervices Alliance, a Nflinnesota non-profit corporation, as niort ill
favor of The CitY Of Oalc Park Relights, aq m0r(949cc, in the ori amoullt of $8
Assigned to Firstar Banl� of Miuriesota, NA, as Trwqtee b Assi of Mort dated
December 1, 1998, filed December 31, 1998, as Document No. 10761924
01'UC11-,1 il r- n
DEC -20 -1999 MON 0504 PM FAX N01
CHICAGO TI1`LE INSURANCE COMPANY
COMMITMENT
Cass No A 14807 S CHEDULE B
P, 05/05
Y Second Combination Mortgage, Security Agreement and Fixt Pi � t
�aneYri� �tatena�.tZt and As si gnment
Of LcaAe5 and Rents dated June 1 1999 Filed bly 7, 1999, a
, as D ocumen t No
Valley Senior S ervices Alliance, � non-profit 1 ������, executed by Minnesota non- profit corporation, as mortgagor, in flavor of The
City of Oak Bark Heights, as m ortgagee, in th e on inal amount of 8 o00
� g0oo.o0
Assignod to 1 "irstar Bank of Minne,�ota, N, A., as Trustee, h As.0 nment of I
1999, filed July 7 19993 ai Document No. g Mortgage dated June 1�
o. 1082393.
12. )Easements for utilities and drainage as shown on the recorded l
p at,
13. "Terms and conditions of Developer's Agreement h and between Vall f Services •
file fit of �a� ��a� °� Heights.
�' r�� Senior er�v��.e� �ii��a��ee and ght �o
L ND OF SCHEDUL E B EXCEPTIONS
O7 E'AIS FOR INFORMATION
A. upon our reeelpt alad review of a standard for.na of affidavit Item
N os. 3, 6and 7 of Schedule 13 may
be deleted from the fi policy, Mena No. 9 will he modified to reflect th
A eurrent surtife � ��rtified to �orn�aerei Ti 0e Ch � uat � of �p�e��e I���aY�t��
, ll he required to delete Item Nos. 4 and 5 of Schedule 13 from t �' Commercial Mariners 'it�e, L�L� and Chicago X 1tle lr�.quranee Como .joy,
gti ' � l � Comp
. final policy,
1), The owner's Duplicate Certificate of Title is nnt el.
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