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HomeMy WebLinkAboutCentennial Park - General Warranty Deed - Irene L. Hatfield - 2102 S FRIENDSWOOD DR - STEWAr(c TITLE HOUSTON DiVISION [II 2001052571 3 Pgs 016 - 13 -0494 GENERAL WARRANTY DEED Date: OCTOBER 3 , 2001 Grantor: IRENE L. HATFIELD, not joined by her husband as the property is out of her separate estate and forms no part of their business or residential homestead Grantor's Mailing Address: P. O. BOX 752169 Houston, Harris County, Texas 77275-2169 Grantee: CITY OF FRIENDSWOOD 910 South Friendswood, Friendswood, Galveston County, Tx 77546 Grantee's Mailing Address: 910 SOUTH FRIENDSWOOD FRIENDSWOOD, TX. 77546, GALVESTON COUNTY Consideration: TEN AND NO/100 DOLLARS($10.00)and other good and valuable consideration. Property (including any improvements): Part of Lots Forty-one (41) and Forty-two (42) of SLONE'S SUBDIVISION, a subdivision in Galveston County, Texas, according to the map or plat thereof recorded in Volume 254, Page 54, in the Office of the County Clerk of Galveston County, Texas, and being more particularly described by metes and bounds as follows: COMMENCING at the South corner of Lot 42; THENCE North 25° 02' 40" East along the Southeast line of Lot 42, a distance of 609.79 feet; THENCE North 28° 12' 20" West a distance of 386.96 feet to the PLACE OF BEGINNING of the tract hereinafter described; THENCE from said beginning corner continuing North 28° 12'20" West a distance of 131.00 feet to a point for corner; 016 - 13 -0495 THENCE North 43° 35' 00" East a distance of 400.00 feet to a point for corner; THENCE South 28° 12' 20" East a distance of 131.00 feet to a point for corner; THENCE South 43° 35' 00" West a distance of 400.00 feet to the PLACE OF BEGINNING. Reservations from Conveyance: NONE. Exceptions to Conveyance and Warranty: Liens described as part of the Consideration and any other liens described in this deed as being either assumed by Grantee or subject to which title is taken by Grantee; validly existing restrictive covenants common to the platted subdivision in which the Property is located; standby fees, taxes, and assessments by any taxing authority for the year 2001 and subsequent years, and subsequent taxes and assessments by any taxing authority for prior years due to change in land usage or ownership; validly existing utility easements created by the dedication deed or plat of the subdivision in which the Property is located; validly existing reservations or exceptions approved in writing by Grantee and, if applicable, described in Schedule B of the Owner Policy for Title Insurance issued to Grantee as part of this transaction; any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or protrusions, or any overlapping of improvements; homestead or community property or survivorship rights, if any,of any spouse of Grantee; and any validly existing titles or rights asserted by anyone, including but not limited to persons,the public, corporations, governments, or other entities,to (a)tidelands or lands comprising the shores or beds of navigable or perennial rivers and streams, lakes,bays,gulfs,or oceans, (b)lands beyond the line of the harbor or bulkhead lines as established or changed by any government, (c) filled-in lands or artificial islands, (d) statutory water rights, including riparian rights, or(e) 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. Grantor, for the Consideration and subject to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty,grants,sells,and conveys to Grantee the Property,together with all and singular the rights and appurtenances thereto in any way belonging, to have and to hold it to Grantee and Grantee's heirs, successors, and assigns forever. Grantor binds Grantor and Grantor's heirs and successors to warrant and forever defend all and singular the Property to Grantee and Grantee's heirs, successors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, except as to the Reservations from Conveyance and the Exceptions to Conveyance and Warranty. 2 016 - 13 -0496 When the context requires, singular nouns and pro s inc u e lur • 7 IRENE-L:HAT D STATE OF TEXAS COUNTY OF HARRIS This instrument was acknowledged before me on the day of October, 2001,by IRENE L. HATFIELD. Notary Public - State of Texas Notary's Print RETURN TO CITY OF FRIENDSWOOD SY � ±-�Af BiDDL: 910 SOUTH FRIENDSWOOD My Commis s: Notary. podia,Stzte of Texas FRIENDSWOOD, TX. 77546 Commission iEresCr122005 ATTN: JOHN BRANSON FILED ADD RECORDED OFFICIAL PUBLIC RECORDS OF REAL PROPERTY 2001 OCT 08 04:37 PM 2001052571 DETABL_R $13.00 Patricia Ritchie ,COUNTY CLERK GALVESTON, TEXAS 3 as.�ssz9216 ST wpiTim-E HOUSTON DIVISION .:57pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.09/11 F-503 NOTICE TO PYIRCRASERS OF REAL.PROPERTY c--� Gx' No. , v12,D0631 f-J The real property, described below,that you are about CO purchase is located in the CLEAR CREEK DRAINAGE DISTRICT District. The district has taxing authority separate from any other taxing c 1 authority and may, subject to voter approval. issue an unlimited amount of bonds and levy an unlimited rate of tax in payment of such r bonds. As of this date, the rate of taxes levied by the district on real property located in the district is$ o.15 r j ra on each S 100 of.assessed valuation. If the district has not yet levied taxes, the most recent projected rate of tax. as of this date,r-2s is$ -.--__ on each$100 of assessed valuation. The total amount of bonds, excluding refunding bonds and any r bonds c.:tea; c or.ion of bonds issued that are payable solely from revenues received or expected to be received under a contract with . a gove:=renttil aatity. approved by the voters and which have been or may, at this date, be issued is$_175,00C,.00 and the s,r a:e,;a:e initial principal amounts of all bonds issued for one or more of the specified facilites of the district and payable ins whole c_.;pa- from property taxes is $ 175,000_00 _ The district has the authority to adopt and impose a standbyfee on roe p p property rty in the district that has water, sanitary sewer, or drainage facilities and services available but not connected and which does not have a house, building, or other improvement located thereon Q` and does not substantially utilize the utility capaciry available to the property. The district may exercise the authority without holding an election on the matter. As of this date, the most recent amount of the standby fee is$ _ An unpaid standby fee is a personal obligation of the person that owned the property at the time of imposition and is secured by a lien on the property. Any person may request a certificate from the district stating the amount, if any, of unpaid standby fees on a tract of ( . property in the district. The purpose of this disuict is to provide water, sewer, drainage, or flood control facil:tLIZEanE=92 m;*ricmc7 through the issna' of bonds payable in whole or in part from property taxes. The cost of these utility facilities is not included in the purchase of your property; and these utiltry tacilties are owned or to be owned by the district. The legal description of the property you arc acquiring, ::i as :Follows: Parr :7., 1. cs Forty-one (41) and Forty-two (42) of SLONE'S SUED. -Otl, a subdivision in Galveston County, Texas, accc. to the map or plat thereof recorded in volume 254, Pages i the Office of the County Clerk of Galveston County, .,-_d being more particularly described by metes and bounds as COMNt.NCI G at the South corner of Lot 42; - £ NCE North 25° 02' 40" East along the Southeast line of Lot 42, a distance of 609.79 feet; TFT. NC2 North 28° 12' 20" West a distance of 386.96 feet to the PLACE OF BEGINNING of the tract hereinafter described; TF?P.I7: c;-am said beginning corner continuing North 28' 12' 20" West 2:seance of 131.00 feet to a point for corner; u 35' 00" East a distance of 400.00 feet: to a Continued on next page ale: Seo 5 200 s. HP-TFIELD - - RECORDER'S MEMORANDUM --At the time of recordation, this instrument was found to be inadequate for the best photographic reproduction because of il- • - legibility, carbon or photo copy, discolored paper, etc. All blockouts, additions and changes were present at the time the instru • - ment was filed and recorded. S14882906 Oct-01-01 12:57pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.10/11 F-503 Continu Lion of Notice to Purchasers of Real Property 01 U L _ 1 7_O A n GF No: 01200631 J (Jf y CONTINUATION OF SELLER SIGNATURES (Seller Acialowiedgment) Stile of Texas County of GALVESTON This utsmlment was acltnowl t° pzi ; ._. -� ,_by IRENE L.- HATFIE.T.D- IC ,w PAT �'� �� �tatsryPu�liC, •e of Tsxese. Notsry Public. of Tesca..s".,.,, sty Cammissloci cr s 6-12-2005 PURCHASFA T ADVISED THAT THE INFORMATION SHOWN ON THIS FORM IS SUBJECT TO CHANGE BY THE DISTRICT - 'NY TIME- THE DISTRICT ROUTINELY ESTABLISHES TAX RATES DURING THE MONTHS OF SEPT i4E:2-:: Ti: OUGH DECEMBER OF EACH YEAR, EFFECTIVE FOR THE YEAR IN WHICH THE TAX RATES ARE APPRO VEL. .C.1 TiaE DISTRICT. PURCHASER IS ADVISED TO CONTACT THE DISTRICT TO DETERMINE THE STATUS OF ANY CT..R 7._i_NT OR PROPOSED CHANGES TO THE INFORMATION SHOWN ON THIS FORM The u.-ldersiP.zed ?urchaser hereby acl nowledges receipt of the foregoing notice at or prior to execution of a binding contract for the purchase of the-re-a property described in such notice or at closing of purchase of the real property. Date- Septa r 25 2001 CIT_ OF FRIENDSWOOD Harold Le Whitaker —. Mayor CBuyer.vcknowledganrnt) SLlte of Texas ..',<' :.. �.. County of GALV STON {� 4,, n /`: / .This ttlstrur:lcnt was acicnowlodged before me oa ern A fly L AJ by L/✓ !/V t T�/42. - 1/)r) Li CVr of CITY OF FRIENDSWO//O//i�, on beh if of saia do ration_ c,. • � c / Notary Public.Sire o cxxar^•,z�J• ,..,/`.'t ./.-= (Note: Correct District name, tax rate, bond amounts, arenaby fee amount, and legal description are to be placed in use appropriate apace. Except for notices included as rn adcicnaum or paragraph of a purchase coturact,me Notice shall be executed by the seller and purchaicr, as tndtcarcd If the District does not propose to provide 0-.1,7. or r:ore of the specified facikac;and services, Me appropriate purpose may be ellm;natcd- lithe District has not yet levied taus.a a*aascanr. ,f any. t::to CC plaC :,In c,- •npropr=ate apace. if the District does not have approval front the couraai»ion to adopt and impose a standby fee,the.second paragraph raph of the Noce ma: t e.._bxu! For the putpcs ca of the Notice form regaircd to be given to the prosp cove purchaacr prior to execution of a landing contract of sale and purchase,rchase, i.e•Jer_cal any Wilt, reptcsentarsve, or person aeons on has behalf may modify the Nonce by subsisiunon of the words^Sawn,. y 1. -for the words•dti.: .s.,-' •.tit'place the correct caked=year in the appropriate space.) 44,0/V.V 40 ', Q I o 5 . P r0{5 (504 FILED NE RECOR ' .:• .„'.:::`• ,7f75} fP OFFICIAL PUBLIC RECORDS.:.DF:;REAL PROPERTY 0 -�en: :gin . - 2001 OCT 08 04:37•.FU401052572 • . • DETABL_R $11:i00..:: Patricia Ritchie ,COUi R. CLERK GALVESTON, TEXia:5 814882506 • Oct--L1••:` :2:54pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.02/11 F-503 •,�-- -- I 1. C 3 FHA 2. C 1FMNA 3. C )CONV. UNIN5_ 14. C 1VA 5_ C )CONY. INS_ _ e. FILE NUMBER: I 7. LOAN NUMBER: 01200631 •. ,- _L8. MTG. INS. CASE NO.: :NOTE. This form is fartaWied to Sxve you a statement of Actual settlement coats.Amounts pail to and by the settlement agent are shown. kerns=Aced ("p.o.e.")were_aid oussi4c the closing:wry,are shown here for information purposes ana src not iaeludcd in the totals. 1. NAME OF BORROWER: CITY OF FRIENDSW000 ADDRESS; - I NAME OF SELLER: IRENE L. HATFIELD ADDRESS• SELLER TIN. NAME OF LENDER ADDP FSS: - a "3.PROPERTY LOCATION: PT OF LOTS 41 & 42 OF SLONES SUBDIVISION 2102 SOUTtL FRIENDSWO00 77546 El.SE3TLElE T ,GENT: STEWART TITLE COMPANY CLOSER: PAT BIDDLE PHONE NUMBER: (713) 627-1310 ADDRISSa 1980 POST OAK BLVD. ttOySTON, TEXAS 7705b _ SETTLEMENT AGENT TLN 74-0923770 PLACE OF',.: 1--rT F•MENT STEWART TITLE COMPANY TI I SETTLEMENT DATE ADDRESS. 2625 BAY AREA BLVD., STE. 100 I CLo-ine date: 10/03/01 noUSTON, TEXAS 77058 Proration date: 10/04/01 I.SUMMARY OF BORROWER'S TRANSACTION IC.SUMMARY OF SF) I ER'STRANSACTION 100.GROSS AMOUNT DUE FROM BORROWER: 400.GROSS AMOUNT DUE TO SELLER. 101.Contract sales price I 90.000.00 401. Contract sales pncc ; 90,000.00 102.Personal property ! 402 Personal pronerty 103.Settlement charges to borrower{Lne 1400) 1,720.25 403 104. 404 105. I 405. 1 ^ AQjustmene,for items paid by seller in advance- Aejusrments for iteras paid for seller in advance: 106.C5y/town races to 406.City/town mac. to - 107.County taxes to 407.County rases to 108.Aaac men. to 408.Asses rota to 109.Mauitrtutnce to 409-Maintenance to k 1l0 SchoolfTaxrs to 410 School/Taxes to � 1111_ �411 112. 412_ _ - 120 GROSS A MOUNT_DLLE._FROM BORROWER: 420.GROSS AMOUNT DUE TO SELLER 91.720_25 90,000.00 200.AMOUNTS PAID BY OR IN BEHALF OF BORROWER 1500.REDUCTIONS TN AMOUNT DUE TO SEDER: E201.Deposit or earneas roonev J sal.Execaa deoosn(acc iiastrueaona) 202 Principal :mount of new loan(a) I !502 Settlement cnarxes to sellcraine 1400) 1203 Exrstmg ioan(s)taken aub}ear to 1 503.Eai,•rm2 loan(a)rakes subject to 204. Commitment Fee 1 504.Payoff of first mortgage loan _205- -_ -_ -- SOS Payoff of second mort i$e loan 206 _ 506. __ ^207_ TAX kA Ce BY SELLER 15,000.00 507 TAx DONATION BY SELLER 15,000_00 208. 508 209. _ 509- - Aaxun:me:4.LI::s.rrs.,hoard by seller: Adivatmrnts for items unpaid by seller. 210. City/:3,-o s.ca 01/01/01 to 10/04/01 318.41 510. City/town taxes 01/01/01 to 10/04/01 318.41 211 County rares 01/01/01 to 10/04/01 271.79 1511.Counry nixes 01/01/01 to 10/04/01 f 271.79 { L212.Assasmencs to 512 Assessments to 1 213.School/Taxes 01/01/01 to 10/04/01 1 790_43 513.Schou1/Taxcs 01/01/01 to 10/04/01 790.43 I 214. 514.Maier entice to 215. 515. 1 216.DRAINAGE DISTRIC 01/01/01 to 10/04/01 77.30 1516. DRAINAGE DISTRIC 01/01/01 to 10/04/01 77.30 217. t ! 517. I 218. 518. 219. - -- 519. _ -f- 220 TOTAL PAID BY/FOR BORROWER: 16.457.93 520.TOTAL REDUCTION IN AMOUNT. i 76,457.93 300. CASE AT SETTLEMENT FROM/TO BORROWER: 600 CASH AT SETTLEMENT TO/FROM SELLER. - 1 1 301.Gross aara due from oorrowex(hnc 120) 4 91,720.25 m i 601.Gross amount clue to sellcr(hne 420) _90,000.00 302.Less z::onnts pa,d by/for borrower(hne 220) 16,457.93 L 602 Less total reductions in amount dsc,seller(Ilne 520_ 16,457,93 303. CASH IX .FROM j TO]BORROWER: 603.CASH rX TOL r FROMI SELLER: 75_262.32 73,542.07 814882906 - Oct-Oi-i;i 12;54pm From-STEWART TITLE CLEAR LAKE 81488290E T-551 P.03/11 F-503 !i t e m-UOa_1 L. SETTLEMENT CHARGES BORROWER'S SELLER'S FUNDS FUNLBS 700.TOTAL SAT pS/BROL R'S COMMISION Basco on S a %= AT SETTLEMENT AT SETTLEMENT Division of Coizuni lion(line 700)as follows: 701_S to 702,5 - to 703. Commission paid at settlement _ I 704. I I 800 ITEMS PAYABLE IN CONNECTION WITH LOAN. S^1. Loan O.Yinanon fee ;o T _ 802_Loan.Dscount % I f ' 803. Appr:.-:s1 fee to } I 804. Crcar.R=zCrr. to 805.L.-:. r-%;.:::oceto:fee to 806. ;tier^t•_�7:e :c n.-_annlrcanon Ice to .807. Ls�: 2,,.:,:Fee _ to I 808.Coo_n:tcur Fee to J I 809. 1'NMA r..^r_casing Fee - to 810. Picture, to f I_ 811. CO I f S12 to I 1 900.ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE. I 001 Interc..t from to CO /day } -I - f 902 Mortgage insurance premium for mo.to I I I 903. Hazard insurance premium for yrs.ro - I II 004.Flood fasvrancc yrs.to r 005. 1000 RESERVES DEPOSITED WITH LENDER 1001 Hazard Ie.,uraace mo.®S Oct too .-_ 1002.Murrgagc uuLuearuc mo.c $ per too. 1003. Ciry aroperty uses mo OS per mo. 1004.County property taxes mo.fBi$ per mo. 1005.Annual ai5es,meM3(M iot.Z tO.d08 per too_ 1006 School Property Taxes mo CS per mo. 1007.Water Dist.Prop Tax mo.CS per mo. 1008.Flood Insurance mo.<QS per mo 1009_Aggregate Accaninnns Adjustment 1100.TITLE CHARGES: 1101.Settlement or caosint feet_ to 1102.Abstract Or title scaarch to 1103-Tide Pasll.7unanon to _ 1104 Title msuncc Di0Lcr to 1105. DxtAerr_prepvreraoa WARRANTY DEED to GREGORY G. BESs 75.00 - } 1106 N^n:v fie to 1.107... .. v': :Cr to to on:nu test'aOot a a:ctaa No.: - i. 1108. ^'i:ie ire::trice to STEWART TITLE COMPANY _ 912.00 ^'ttt:.Ces ab0'c:recto No.: 1 1109. Lc:=e:'a:Average $ �_- I 1110 Owner's coverage 90.000.00 $ 912.00 _ _ p1111. Escrowfee to STEWART TITLE COMPANY 150.00 1112.Restrictions to _ _ 1 1113.Messenger Service to STEWART TITLE COMPANY 15.00 1 1 1114 to _ 1200. GOVERNMENT RECORDING AND TRANSFER CHARGES , 1_1201 Recording fees: Deed S 15.00 Mite S Rel.$ NTP 12_00 27.00 III - fr 1202 Caty/cOuno,tax/StaaODi. Deed$ Mrts S 1 1 11203.State rau/srsmns: Deed S Mrtg S I E 1204 Tax corn'cater ro _ I 1205. __ to . .- - 1206. to 11300.ADDITIONAL SETTLEMENT CHARGES . .1 1301_Survey to GULLETT $ ASSOCIATES j 541.25T I 11302 Pest -enoa to 1 I I 1303. to I 1305. to - - I 1 1305 to I I 1406.TOTAL SETTLEMENT CHAAGFS(entered on unea 103.Section 1 sea 502.Section IC) I _ 1.720.25 I CE 1'IFr=CATION.I nave carefully reviewed the HUD-1 Settlement nt.nd to the best of my laowledre-^^Mt'-f rt s e true wad accurate staterneat of all receipts and dnabursemenr made on my account or by me m . I ha-then certify that I have received a copy of HIID-I Setdement Su SSt Borrowers ,.cc:. SclicrS `G The HLID-1 SeilemeOr Statement which, t���nrcd is a true and accurate account of this transacuua. I pave caused o ve tiae'e(uncle to be disbursed as __accordance with statement. \Yt. '� P �"�. S� Settlement Agent2-4Z ate O `� SEE PAGE 3 FOR SIGNATURES, IF APPLICABLE w.4=2, 1: 4 crane to Imowant$ly maze tape statements to the United States on this or aay other similar tntm. Pcn:slues upon conviction can wc1a4c a fine anG in:p_:,Z;;-:::::. ;",:-:127.t.ls see: Title 18•U.S Code Section 1001 and Secnon 1010. 814882936 Oct-01-01 12:.54pm From-STEWART TITLE CLEAR LAKE 814882905 T-551 P.04/11 F-503 Page 3 to be affixed to iiuD-1 Setueme nt Statement GFP-: 01230631 CERTIFICATION Seder's and Purchaser's signature hereon acknowledges hisrrheir approval of tax prorations and s.gnifies their understanding that prorations were based on taxes for the preceding year or ..s:irnates for the current year, and in the event of any change for the current year. all necessary adjustments must be made between Seller and Purchaser; likewise any default in delinquent taxes wilt be reimbursed to Title Company by the Seller. Title Company, in its capacity as Escrow Agent, is and has been authorized to deposit all funds it receives in this transaction in any financial institution, whether affiliated or not. Title Company shall not be liable for any interest or other charges on the earnest money and shall be under no duty to invest or reinvest funds held by it at any time. Seller and Purchasers hereby acknowledge and consent to the deposit of the escrow money in financial institutions with which Title Company has or may have other banking relationships and further consent to the retention by Title Company and/or its affiliates of any and all benefits (including advantageous interest rates on loans) Title Company and/or its affiliates may receive from such financial institutions by reason of their maintenance of said escrow accounts. The parties have read the above sentences, recognize that the recitations herein are material, agree to same, and recognize Title Company is relying on the same. nave carefully reviewed the HUD-1 Settlement Statement and to the best of my Knowledge and atief, it ,s a true and accurate statement of ail receipts and disbursements made on my account or .y me in this transaction. 1 further certify that I have received a copy of the HUD-1 Settlement Statement. CITY Purer) (s)/13orr r( Sellers) urchaser(s)/Borro wer(s) Seller(s) Harold L. Whitaker MdYQg. To the best of my knowledge, the HUD-1 Settlement Statement which I have prepared is a true and accurate account of the funds which were received and have been or will be disbursed by the undersigned as part of the settlement of this transaction. Settlement Agent Date WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties upon conviction can include a fine and imprisonment_ For details see: Title 18 U.S. Code Section 1001 and Section 1010. S14882906 Oct-)1-01 12:55pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.05/11 F-503 TITLE COMPANY DISCLOSU1U.s GUARANTY FILE NO.: 01200631 SELLER(whether one or more): IRENE L. HATFIELD BUYER (wbetber one or mare): CITY OF FRIENDSWOOD represented by Harold L. Whitaker Mayor LENDER: f ROPERTY: Part of Lots Forty-one (41) and Forty-two (42) of SLONE'S SUBDIVISION, a subdivision in Galveston County, Texas, according to the map or plat thereof recorded in Volume 254. Page 54, in the Office of the County clerk of Galveston County. By in=t aling some or all of the following items as may be appropriate for this transaction, each .____.. ER and/or BUYER acknowledges their understanding of the disclosures being made by STUFAIIT ' TLE CDMFANY (hereinafter called "TITLE COMPANY") . Each disclosure is being made to Buyer yeller on behalf of both TITLE COMPANY and its title insurance underwriter_ Buyer's I) WAIVER OF INSPECTION. In consideration of the issuance Initi by TITLE COMPA33Y to BtTrER, of either an owner Policy of Title Insurance (T-1) or a Residential Policy of Title Insurance (T-1R) - (in this document either such policy, unless specifically referred to otherwise, is referred to as the "Owner Title Policy") insuring good and indefeasible title to the Property, except as to be shown in Schedule B of the Owner Title Policy and subject to the terms and conditions of such Owner Title Policy, BUYER hereby waives any obligation on the part of TITLE COMPANY to inspect the Property. Buyer agrees to accept an Owner Title Policy containing the Schedule B exception for "RIGHTS OF PARTIES IN POSSESSION" . "Rights of Parties in Possession" shall mean one or more persons or entities who are themselves actually physically occupying the property or a portion thereof under a claim or right adverse to the insured owner of the Property as shown on Schedule A of the Owner Title Policy. Within the meaning of this exception, -possession" includes open acts or visible evidence of occupancy and any visible and appaienc roadway or easement on or across all or any part of the Property, but this exception does not extend to any right, claim, or interest evidenced by a document recorded in the real estate records maintained by the county Clerk of the county in which the Property is located. However, if the BUYER does not initial this paragraph, the BUYER is indicating the BUYER'S refusal to accept an Owner Title Policy containing an exception as to "RIGHTS Of PARTIES IN POSSESSION" . The TITLE COMPANY may then require an inspection of the Property and additional charges may be assessed for the reasonable and actual costs of such an inspection_ TITLE COMPANY may make additional exceptions in Schedule B of the Owner Title Policy for matters as revealed by such inspection. Buyer's 2) RECEIPT OF COMMITMENT. BUYER hereby acknowledges having Initia s received and reviewed a copy of the Commitment for Title Insurance issued in connection with the above referenced transaction and any copies of the documents described therein requested by BUYER. BUYER understands that the Owner Title Policy will contain the exceptions set forth in Schedule B of the Commitment for Title Insurance, together with any additional exceptions to title resulting from the final downdate search of the public records and from the documents involved in this transaction and any additional exceptions for items shown on Schedule C of the Commitment for Title Insurance which have not been resolved. Buyer's 3) 'CJNSURVEYED PROPERTY. BUYER understands that no up-to-daze Inicia survey of the Property has been done in connection with this transac- tion and that the Owner Policy to be issued to BUYER will not provide title insurance coverage against encroachments and/or protrusions of improvements, boundary conflicts, or other matters that would be found by a current survey_ TITLE COMPANY has not attempted to determine if the Property lies in a special flood hazard area, and TITLE COMPANY has not made any representation concerning proximity of the Property in relation to any flood-plain or flood hazard area. BUYER is advised that information concerning special flood hazard areas may be available from county or municipal offices, a qualified surveyor or land-enc_ineersng company, or a private flood-plain consultant. 814382906 • Cct•-[', ?:-55pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.06/11 F-503 E.iver's 4(A) ACCEPTANCE OF SURVEY. BUYER has received and reviewed a copy I_ ti s of the survey of the Property made in connection with this transaction_ I Buyer's 4(B) BOUNDARY COVERAGE. As proposed to be issued, BUYER's Owner In.itiaIs Policy will contain a general exception to any discrepancies or con- 40i , flicts in area or boundary lines, and any encroachments. protrusions, 7/� / or overlapping of improvements. On payment of an additional 15% of the Owner Policy premium, policy coverage against these matters is avail- able, subject to TIT3.E COMPANY'S approval of a current survey of the Property and without limiting specific exceptions to matters disclosed by the survey_ BUYER DECLINES TO OBTAIN THIS ADDITIONAL COVERAGE. Seller's Buyer's 5) PROPERTY TAX PRORATIONS_ Property taxes for the current year Initials Initial have been prorated between BUYER and SELLER, who each acknowledge and understand that these prorations are based upon (a) the sales price or the most current appraised value available and the most current tax rate available or (b) some other common method of estimation. SELLER warrants and represents that there arc no oast due taxes owed on the Property and if such warranty and representation is untrue, the SELLER shall reimburse Title Company, on demand, for any sums paid by the Title Company to pay such taxes, and any related penalty and interest. BUYER and SELLER each agree that, when amounts of the current year's taxes become known and payable (on or about October 1st), they will adjust any changes of the proration and reimbursement between them- selves and that TITLE COMPANY shall have no liability or obligation with respect to these prorations. Buyer's 6) TAX RENDITION AND EXEMPTIONS. Although the Central Appraisal Initi District (CAD) may independently determine BUYER's new ownership and billing address, BUYER is still obligated by law to -render" the Prop- erty for taxation by notifying the CAD of the change in the Property's ownership and of BUYER'S proper address for tax billing. BUYER is advised that current year' s taxes may have been assessed on the basis of various exemptions obtained by SELLER (e_g., homestead or over-65) . It is the BUYER'S responsibility to quality for BUYER'S own tax exemptions and to meet any requirements prescribed by the taxing authorities. BUYER acknowledges and understands these obligations and the fact that TITLE COMPANY assumes no responsibility for future accuracy of CAD records concerning ownership, tax-billing address, or status of exemptions. Buyer' s 7) HOMEOWNER'S ASSOCIATION. BUYER acknowledges that ownership Initi is of the Property involves membership in a Homeowner's, Condominium or other Property Owner's Association, to which monthly or annual dues or assessments may be owed. These dues or assessments may be enforceable by a lien against the Property. BUYER understands that the Association (or its managing agent) should be contacted by BUYER immediately to ascertain the exact amount of future dues or assessments. TITLE COMPANY has made no representations with respect to, such Association's annual budget, pending repairs or deferred maintenance, if any, or other debts of the Association. BUYER accepts sole respon- sibility to obtain such information and verify its accuracy to BUYER's satisfaction. Seller' 1.1yer.s 8) CLOSING DISCLAIMER. SELLER and BUYER each acknowledge and Initials :nit' s understand that the above referenced transaction has not yet "closed" . Any change in possession of the Property takes place AT BUYER'S AND SELLER'S OWN RISE. THIS TRANSACTION IS NOT "CLOSED" UNTIL: A) ALL TITLE REQUIREMENTS ARE COMPLETED TO THE SATISFACTION OF TITLE COMPANY; B) ALL NECESSARY DOCUMENTS ARE PROPERLY EXECUTED, REVIEWED, AND ACCEPTED BY THE PARTIES TO THIS TRANSACTION AND BY TITLE COMPANY; AND, C) ALL FUNDS ARE COLLECTED AND DELIVERED TO AND ACCEPTED BY THE PARTIES TO W'...I-OM THEY ARE DUE. B14662906 Oct-01-01 12:•56pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.07/11 F-503 Buyer's 9) ARBITRATION. This paragraph does not apply to the Residential Initia - Owner Policy (T-1R) - The Parties may later agree to arbitrate under the Residential Owner Policy CT-1R) . You may require deletion of the arbitration provision of the Owner Policy. If you do not delete this provision, either you or the Company may require arbitration, if the law allows. There is no charge to delete this provision_ IP YOUR POLICY IS NOT A TEXAS RESIDENTIAL OWNER POLICY (T-1R) . YOU MAY REOU RE DELETION_OB ARBITRATION PROVISION BY MARKING OUT THIS PARAGRAPH 9. Seller's 10) IRS REPORTING. SELLER acknowledges having received at closing Initia s a copy of the HUD-1 Settlement Statement as a Substitute Form 1099-S. In_ accordance with federal tax regulations, information from the HUD-1 Statement will be furnished to the Internal Revenue Service_ Seller :. =;uy_-r• s 11) ERRORS AND OMISSIONS. In the event tnet any of the Initic" - _ s documents prepared in connection with the closing of this transaction contain errors which misstate or inaccurately reflect the true and correct terms, conditions and provisions of this closing, and the inaccuracy or misstatement is due to a clerical error or to a unilateral mistake on the part of the TITLE COMPANY, or to a mutual mistake on the part of the TITLE COMPANY and/or the . SELLER and/or the BUYER, the undersigned agree to execute, in a timely manner, such correction documents as TITLE COMPANY may deem necessary to remedy such inaccuracy or misstatement. Buyer's 12) ATTORNEY REPRESENTATION AND NOTICE. BUYER may wish to Initia s consult an attorney to discuss the matters shown on Schedule B or C of the Commitment for Title Insurance that was issued in connection with this transaction. These matters will affect the title and use of the Property_ The Title Insurance Policy will be a legal contract between BUYER and the underwriter. Neither the Commitment for Title Insurance nor the Title Insurance Policy are abstracts of title, title reports or representations of title. They are contracts of indemnity. No representation is made that your intended use of the Property is allowed under law or under the restrictions or exceptions affecting the property. SELLER SIGNATURE IRENE L. HATFIELD St..^.tom T'e.,_as ) ) ) Tr_s :.._:srt-.ment was acknowledged before me on the 3rd day of October - 2001 by I=r='}'1E I . t TFIELD. Notary Public, State of Texas BUYER SIGNATURE : OF FRI WOOD Harold T. Whitaker Mayor Stays C:,..=. of HARRIS )This i:zst_^.:ment was acknowledged before me on the yo[AJd. day of October _2001_, by CITY OF FRIENDSWOOD represented by ili7 L() L4,1 41--tTfileaz �/ _ rT any p�,b ;c-- 1 �r r�:�f�exas S14SS2905 Oct-C1-i:1 12.:56pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.08/11 F-503 TITLE COMPANY DISCLOSURES CON'T: G.F. No. : 01200631 LEGAL DESCRIPTION CON'T; Texas, and being more particularly described by metes and bounds as follows: COMMENCING at the South corner of Lot 42; THENCE North 25° 02' 40" East along the Southeast line of Lot 42, a distance of 609.79 feet; TEENCE North 28° 12' 20" West a distance of 386.96 feet to the PLACE OF BEGINNING of the tract hereinafter described; THENCE from said beginning corner continuing North 28° 12' 20" West a distance of 131.00 feet to a point for corner; THENCE North 43° 35' 00" East a distance of 400.00 feet to a point for corner; THENCE South 28° 12' 20- East a distance of 131.00 feet to a point for corner; THENCE South 43° 35' 00" West a distance of 400.00 feet to the PLACE OF BEGINNING. S 149929215 Oct-01-01 12:•5Tpm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.10/11 F-503 Conrinuazion of Notice to Purchasers of Real Property GF No: 01200631 CONTINUATION OF SELLER SIGNATURES (Seller Acfmowiedgnent) Start ofTexas County of GALVESTON This instrument was aclmowleosed before me on by IRENE L. EIATFIELID- Notary Public.Stars of Toes PURCHTASER IS ADVISED THAT THE INFORMATION SHOWN ON THIS FORM IS SUBJECT TO CHANGE BY THE DIS.RICT .:;2,TY TIME. THE DISTRICT ROUTINELY ESTABLISHES TAX RATES DURING THE MONTHS OF SEPTEMBE:: 71-2ROUGH DECEMEER OF EACH YEAR, EFFECTIVE FOR THE YEAR IN WI-UCH THE TAX RATES ARS 'T• a--7 DISTRICT. PURCHASER IS ADVISED TO CONTACT THE DISTRICT TO DETERMINE THE STATUS OP ANY CI`I <_NT OR PROPOSED CHANGES TO THE INFORMATION SHOWN ON THIS FORM_ Tke uzdersigzed purchaser hereby acknowledges receipt of the foregoing notice at or prior to execution of a binding contract for the purchase of the r.a1 property described in such notice*r at closing of purchase of the real property. Date: Septa r 25 2a13 1 cIT OF FRIENDSWOOD Harold L. Whitaker . _mayor CBayer Acl:nowledscincnt) Share of Texas County of GALVESTON This inscrinamt was acialowledged before the on .Zl�{�t �` tt, CL by 4-4, D l/OX`J" /4 Gam[. .// A 7 CV? of CITY OF FRIEL3DSWOOD, on beb. if of said co ppration_ Notary Public.Spa o caaa (Note: Correct D-smct name, tax rue. bond:mounts. standby fee amount, and legal aesrnpuon are to be placed to the appropriate apace. Except for notes included as en addcreura or paragraph of a purchase nomuaer,TOG Nones sbau be executed by the seller and purchaser. as Indicated If the I]iantct does not propose to provide oat or rare_of the specified facilities and services, the appropriate purpose may be elnminated. litho District has not yet levied taxes.a anaccaenr.if any. is TO Sc phic:0:3 r-•t r..ppropriate apace. 3f the District does not have approval from the commission to adopt and impose a standby fee.the second paragraph of tie Nonce may o, L_red For the purposes of the Notice form required to be gica to me prospecrive purchaser prior to es ocunon of a binding contract of sale and purchase, .e 1cr and any agent, reponicilintave, or person acnag on his behalf may modify the Nonce by subsiatunon of the words^Jana-ry 1. 'for the words d at_':ia,:7;i:acc the correct calendar year in the appropriate space.) • • S14882905 • Oct-C1-01 12•:57am From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.11/11 F-503 NOTICE TO PURCHASERS OF REAL.PROPERTY GF No. : • :L200631 The real prcp`r_y, described below, that you are about to purchase is located in the_CLEAR CREEK DRAINAGE LISTRICT District. The district has taxing authority separate from any other taxing authority a~d may, subject to voter approval, issue an n,>;mitrd amount of bonds and levy an rtnlimited rate of tax in payment of such bonds_ As of this carp, the rate of taxes levied by the district on real property located to the district is$ o .15 on each$100 of assessed valu r.tion. If the district has not yet levied taxes, the most recent projected rate of tax, as of this date, is$-mot- on each$100 of assessed valuation. The total amount of bonds, excluding refunding bonds and any bonds or any portion of bonds issued that are payable solely from revenues received or expected to be received under a contract with a governmental entity, approved by the voters and which have been or may, at this date,be issued is$ 17 5,0 0 0 .00 and the aggregate initial principal amounts of all bonds issued for one or more of the specified facilites of the district and payable in whole or in part from property taus is $ 175. 000.00 . The disc c_ the authority to adopt and impose a standby fee on property is the district that has water, sanitary sewer, or drainage facilities ''n services available but not connected and which does not have a house, building, or other improvement located thereon and does not substantially utilize the utility capacity available to the property. The district may exercise the authority without holding an election on the matter. As of this date, the most recent amount of the standby fee is$ - An unpaid stan.t'by nee is a personal obligation of the person that owned the property at the tirrie of imposition and is secured by a lieu on the property. Any person may request a certificate from the district staring the amount, if any, of unpaid standby fees on a tract of properly in the district. The purpose of this district is to provide water, sewer, drainage, or flood control faciliricwaulteitSUMnratitliiintanlistrict through the issuance of bonds payable in whole or in part from property taxes. The cost of these utility facilities is not included in the purchase of your property, and these utility facilties are owned or to be owned by the district. The legal description of the property you are acquiring is as follows: Part of Lots Forty-one (41) and Forty-two (42) of SLONE'S SUBDIVISION, a subdivision in Galveston County, Texas. according to the map or plat thereof recorded in volume 254, Page 54, in the Office of the County Clerk of Galveston County, Texas, and being more particularly described by metes and bounds as follows: COD"^^''.. G at the South corner of Lot 42; TEEN., North 25' on' 40" East along the Southeast line of Lot 42, a distance of 609.79 feet; THENCE North 28' 12' 20" West a distance of 386_96 feet to the PLACE OF BEGINNING of the tract hereinafter described; THENCE from said beginning corner continuing North 28' 12 ' 20" West, a distance of 131.00 feet to a point for corner; THENCE North 43' 35' 00" East a distance of 400.00 feet to a Continued on next page Date: Sentember 25, 2001 IRENE L. HATFIELD tins O,c•(tl,i e,.0.4,: :a:: .,. ,i a• inn awl' 0 G 12f) stolid akin,le in Ilsoreece rate rasp zone X, o a pee goode5Q660'J05£ F^`"�"'•,.'"• 1 rs rt Doted 9•-22-D9 ,r 1 this detumesnlion to be used for flood nsuronce rote plows Bede. 1 ' 4l) ONLY and is ri01 (0 or relied upon for ANY olhtr purpose, o 5utweiw hos NDT determined whether property lien In a tI.ODOWAY ores and makes ITO representation as to whether o propeily Iles within o FL00DWAY area f'l1C m _...fi. cr, Inticn i'.--0.19' l' 5/B'IR. ;0c I afIJAlkN11 Cr LO1 42 H 'Or 2b!,p8' N28'12'2D'PI a r } en m r-d r S a3° a5' 00" - �S0o.00' �;A�tit. 5/13'TR. •e. -s -1 0 el m O > 5 P.N a i l U R I Y W b Y,\ O �r t Pj R. D xi p �, r ,r f m .4, „ • ; W 1-14 1IllB.C,c.F.110 9133255 i0 j� AO o. N 4'y,' ' ro eIN a j, r ti al ,O 11/ ei 41.2' I Slay Nome o4 I Slot),trams l . 11t02 } ino 6a' co Fad. 03 03 fod mi-Ad orng 8 (dam embed wire 15/B'Ln, k/e'IR , 1 N 4:t° Ob' 00" E - 400.00' r '' / , ,�4 / t 1 i 1 ,�.•. ; 010AI10EF,Or 101 -II I :mac may P a0pr;r- cm c:H,l;`_,1'' • Parl of Lots 91 and 42 of Slone't Subdivision and being o) e •f more particularly described by metes and bounds attached. pI hereon fealty to The Lender,Purchaser, and liUe Comron) (um Iva. ra.a0xsrzt saar+ to - named hereon ORLY Ihol this survey war mode under my Votes_ e s J SLONE'S N 1•11 mot/data of IO-1-➢I complies wet. current -Donis 1 p eeodngs: Steles and Bounds c,1rs , UM. WA, w etsndards of the T essionol Stomas, -Dis(onces Rhoen ore groun0 fasteners. VOL. 254, PG, 54 OF PIAT 0.C,C.G,C. + GALVESTON' TEXAS '0 i - Al.absrrocang done by 1 tie compose I OW I�/CA F 'I — an D.r.'s Zr UE': token Tam IecotCed pia oleo 01hs wise ueie6' 2 02 SOUTH PEIENDSRODDIPR1f3NDSW00D rl _ - Al Irnces are 6'„seer unless erhrw+st noted r - en • J - This srnsey certified lac this Imnsallion ONLY. r.rousa MI oonrAr Le I JOHN . H if, R.p,LS. No. 5099 Dole - sum)us NOT to br rerrd upon Ion ANY MAINMAINFtepese .CIl9' OF PRIENp5110oD Cfi'Y SIEWART TITLE CO, 01200691 Y• - Come lies horn irgeoae•nents to proanly er.ts ale ccin,loled A ' JIIY{� mini Yp ew°fg.1 i ROIr,d"L 0•/ and should NOI be relied open let e (rurrion :/d or remornl el ••!^•'4 rTa:.�„nw,H 4 Postaz'to Awrrejd1u.wrirhlMorq L.... any i1Flosymen mls it:dregplimes WI1LLETT U BOX 13OIpTn,'ES, ANC.BOUSTIK, TM 1124a OUAMl I!.,n 0111 Rre.ae,a°TAy r71] Le•-A5Ln 814882906 Oct-02-01 S:55am From-STEWART TITLE CLEAR LAKE 814882906 T-596 P.03/03 F-551 S.EPTkMBER 26,2001 STATE OF TE i�AS GALVESTON COUNTY METES AND BOUNDS DESCRIPTION 2102 S. FRIFNDSWOOD FRIENDSwooD,TEXAS Part of Lots 4 and. 42 of Slone's Subdivision, a subdivision in Galveston County, Texas, according to th t.map or plat thereof recorded in Volume 254, page 54, in the Office of the County Clerk of Galve_ton County,Texas, and being more particularly described by metes and bounds as follows: COMMENCV.IG at the South corner of Lot 42; THENCE 'Korth 25° 02 Min. 40 Sec. East, along the Southeast line of.Lot 42, a distance of 609.79 feet; THENCE North 28° 12 Min 20 Sec_ West,a distance of 386.96 feet to a found 5/8 inch diameter iron rod for the PLACE OF BEGINNING.of the tract herein described; THENCE cons arming North 28° 12 Min_20 Sec. West, a distance of 131.00 feet to a found 5/8 inch diameter :.ron rod; THENCE Noith 43°35 Min. 00 Sec. East,a distance of 400.00 feet to a found 5/8 inch diameter iron rod; THENCE Sot.:.h 28° 12 Min. 20 Sec. East, a distance of 131.00 feet to a found 5/8 diameter iron rod- THENCE So..zh 43° 35 Min. 00 Sec. West, a distance of 400.00 fcct to the PLACE OF. BEGINNING. OP r ksr .fit -JOHN P.Ht?RTdE... John P. Home R_P.L.S. #5099 Ey ti'y A:sssvzse" st:Rvs' CULLFrT Se ASSC)CIAT5S,!NC W C>Rou3OCS‘SUI:F)\MRW l 09O6U3.M azi3. ■ 4,5 Sanctity of Contract ' STEWART TITLE HOUSTON DIVISION March 21, 2002 CITY OF FRIENDSWOOD 910 S . Friendswood Friendswood, Texas 77546 Re : GF No. 01200631 Policy 0-5890-000100840 Amount $90, 000 . 00 Gentlemen: In connection with your purchase of property recently handled by us, enclosed you will find your Owner Title Policy. Your Deed has been filed for record with the County Clerk and will be mailed to you after recording. A special file has been set up on your property. Should you have any questions concerning your purchase in the future, we are in a position to give you excellent service. If the taxes for the current year were not paid at the time your, transaction was closed, you should pay them at the end of the year. Also, in order to have the tax rolls changed to reflect your name, you should contact the Central Appraisal District located at 600 Gulf Freeway, Texas City, Texas . They will require a copy of your recorded Deed in order to make this change . We appreciate your business and we are looking forward to serving you again. Cordially, PAT BIDDLE Escrow Officer kb Enc. 2625 BAY AREA BLVD., SUITE 100 HOUSTON, TEXAS 77058 (281)488-6683 FAX: (281)488-7575 IMPORTANT NOTICE TO OBTAIN INFORMATION OR MAKE A COMPLAINT: YOU MAY CALL STEWART TITLE GUARANTY COMPANY'S TOLL FREE TELEPHONE NUMBER FOR INFORMATION OR TO MAKE A COMPLAINT AT: 1-800-729-1902 YOU MAY ALSO WRITE TO STEWART TITLE GUARANTY COMPANY AT: P.O. BOX 2029 HOUSTON, TEXAS 77252-2029 YOU MAY CONTACT THE TEXAS DEPARTMENT OF INSURANCE TO OBTAIN INFORMATION ON COMPANIES, COVERAGES, RIGHTS OR COMPLAINTS AT: 1-800-252-3439 YOU MAY WRITE THE TEXAS DEPARTMENT OF INSURANCE AT: P.O.BOX 149104 AUSTIN, TEXAS 78714-9104 FAX# (512)475-1771 PREMIUM OR CLAIM DISPUTES: SHOULD YOU HAVE A DISPUTE CONCERNING YOUR PREMIUM OR ABOUT A CLAIM, YOU SHOULD CONTACT THE COMPANY FIRST. IF THE DISPUTE IS NOT RESOLVED, YOU MAY CONTACT THE TEXAS DEPARTMENT OF INSURANCE. ATTACH THIS NOTICE TO YOUR POLICY: THIS NOTICE IS FOR INFORMATION ONLY AND DOES NOT BECOME A PART OF CONDITION OF THE ATTACHED DOCUMENT. Note: Attach this notice as the first, second or third page of the policy. • -- - OWNER'S INFORMATION SHEET STEWART TITLE STEWART TITLE Your Title Insurance Policy is a legal contract between you and Stewart Title Guaranty Company. GUARANTY COMPANY GUARANTY COMPANY This policy is not an opinion or report of your title. II is a contract of indemnity,meaning a promise to pay you or to take other action if you have a lossI resulting from a covered title risk. P.O.Box 2029 I Houston,Texas 77252 It applies only to an improved one-to-four family TEXAS RESIDENTIAL OWNER POLICY residential properly or condominium unit. If your land is not either of these, contact us immediately. OF TITLE INSURANCE Su Poliza de Seguro de Titulo es un contracto ONE-TO-FOUR FAMILY RESIDENCES legal entre usted y Stewart Title Guaranty Company. Esta poliza noes una opinion o reporte en relation a su titulo de propiedad. Es un contracto de indemnification, esto es, las promesa de A NAME TABLE OF CONTENTS PAGE recmbolsarle o de tomar cualquier otro Iipo de RECOGNIZED NATIONALLY action Si usted sufre una perdida como resullado de OWNER'S COVERAGE 1 cualquier riesgo cubierto por la poliza. AS BEINGI STATEMENT I SYNONYMOUS WITH Esta forma de poliza ha sido designada para ser utilizada exclusivamente en los casos de COVERED TITLE RISKS I propiedades en las cuales hay construidas viviendas para no mas de cuatro familias o en los casos de OUR DUTY TO DEFEND 1 unidades en condominios. Si su propiedad no es QUALITY AGAINST COURT CASES ninguna de las anteriores, por favor, notiliquenos inmediatamente. I SCHEDULE A 3 We insure you against certain risks to your land title. Policy Number, Date and Amount 3 We list these risks on page 1. The following limit your 1. Name Of Insured 3 coverage: 2. Interest in Land Covered 3 • Exclusions on page 2. 3. Description of the Land 3 • Exceptions on Schedule B. • Conditions on page 2 and 5. SCHEDULE B-EXCEPTIONS 4 You should keep the policy even if you transfer the title to your land. If you want to make a claim,see EXCLUSIONS 2 section 3 under Conditions on page 2. You do not owe any more premiums for the Policy. CONDITIONS 2 and 5 INCORPORATED 1908 1. Definitions 2 This sheet is not your insurance Policy. It is only a 2. Continuation of Coverage 2 brief outline of some of the important Policy features. I 3. Your Duties if You Make a Claim 2 The Policy explains in detail your rights and obligations and our rights and obligations. The Policy--and not 4. Our Choices When You Notify Us 5 this sheet--is the legal document. of a Claim YOU SIIOULD READ TIIE POLICY VERY CARE- POLICY FULLY. 5. Handling a Claim or Court Case 5 OF 6. Limitations of Our.Liability 5 TIIE TOLL-FREE NUMBER OF STEWART TITLE 7. Transfer of Your Rights 5 MAY GUARANTY CALL THIS COMPANYNUMBER IS 1 HSPNUMBERI-800-729-TO D SCUSS THIS 2. YOU J TITLE 8. Arbitration 5 POLICY OR TO MAKE A COMPLAINT. YOU MAY 9. Entire Contract Provision 5 WRITE TO STEWART TITLE GUARANTY COM- INSURANCE 10. Complaint Notice 5 PANY AT THE ADDRESS IN SECTION 3 UNDER CONDITIONS ON PAGE 2. 8148829[l6 Oct-Gi-:' 12:54pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.02/11 F-503 - 1- C 3 FHA 2. C 1 FMNA 3. C )LONv. UN IN . 4_ C IvA 5. I )CONY. INS. r _ o. FILE NUrtBER: 1 7. LOAN NU$ESER: 01200631 •. 8. MTG. INS. CASE NO.: _ 'NOTE. This form is furnieho4 to 81ve you a sratemcnt of actual sealetnent cos:_Ainounn paul to and by the settlement agent are shown. lawn,tnarKed (-p.o.e.")*arc paid outside the closing,They arc shown here far.nformagon purposes an0 are nut Included in the totals. ). NAME OF BORROWER: CITY OF FRIENPS1tO00 ADDRESS: I NAME OF SELLER: IRENE I.- tiAT F I ELD ADDRESS. SELLER TIN. F NAME OF LENDER- �- ADDRESS: ..PROPERTY LOCATION: PT OF LOTS 41 Y 42 OF SCONES SUBDIVISION _ 2102 SOUTH FRIENDSWOCC 77546 _ Ii.SETTLEMENT AGENT: STEWART TITLE COMPANY CLOSER: PAT BIDDLE PHONE NUMBER: (713) 627-1310 ADDP.CS'. 1980 POST OAK BLVD. tiOUSTON, TEXAS 77056 SETTLEMENT AGENT TIN 74-0923770 PLACE OF SETTLEMENT. STEWART TITLE COMPANY I SETTLRMENTDATE ADDRESS. 2625 BAY AREA BLVD_, STE- 100 Clocin8 date: 10/03/01 nOUSTON, TEXAS 77058 Proration date: 10/04/01 I.SUMMARY OF BORROWER'S TRANSACTION K.SUMMARY OF SF(t FR2'S TRANSACTION 100.GROSS AMOUNT DUE FROM BORROWER: 400.GROSS AMOUNT DUE TO SELLER-. 101. Contract sales pn.:e - 90.000.00 401. Contract sales price 90,000.00 102. Personal Propetty 403 Personal property I 103.Sag:Iement charges to bonnwer(lute 1400) 1,720-25 403 104. - _ - 404 105_ 405. AttjunDneno.for It ms paid by seller in advance- Anjusimcats for items paid for seller to advance: 1106.City/rown taxes to 406.Crry/lawn taxa to _ 107. County raxe> to 407.Count?•cars to 108.A>aessments to 40S.Assessmews to 109.Mautrc u nee to _ •409-l+da.nten ru:e to - 110 School/Taxcs to _ 410 School/Taxes to 111. 411 112. 412. 120 GROSS AMOUNT DUE FROM BORROWER: 91,720.25 420.GROSS AMOUNT DUE TO� R FLTE 1 90,000.00 200.AMOUNTS PAID BY OR IN BEHALF'OF BORROWER _ 500.REDUCTIONS IN AMOUNT DUE TO SELLER: 201.Deposit or earsmez money 501. Exec»deposu(>ce tastrucnoru) T 202 Pnnclpat amCUt s of now loan(,) 502 Sealemrnt mares to scUerCtnc 1400) 203 £><tstmw Ioanl:)nl en nub)eet t0 -1 503.Exlsittag loan(..)Oaken subject to 204. Commirment Fcc 5.4_Payoff of rust mor4:age loan -_ _ _ 205. _ 505 Payoff of second mortgage loan _ 206 506- .- 207- TAX GUt;A:10' BY SELLER 15,000.00 507 TAX DONATION BY SELLER 15,000.00 208. 508 1 Adjusvne::A ro:Iccros.anpald by seller: Adta,tments for items unpaid by seller- If 210. Cay/ro..xtt ,.es 01/01/01 to 10/04/01 318.41 510.City/iownraxes 01/01/01 to 10/04/01 318.41 _ 211 Coo170y taxes 01/01/01 TO 10/04/01 271.79 511.County taxes 01/01/01 m 10/04/01 271.79 212. Assasroencs to 512 Assessmcnrs to _ 213.School/Ta.cs _ 01/01/01 to 10/04/01 _790_43 513.School/Taxes 01/01/01 to 10/04/01 790.43 214. _ 514.Mamtensace _ to _ 215. 515. _� 216. DRAINAGE DISTRIC 01/01/01 to 10/04/01 77-30 516. DRAINAGE DISTRIC 01/01/01 to 10/04/01 77.30 217. _ _ 517. 218. 518. ' 219. 519. 220 TOTAL PAID BY/FOR BORROWER: 520_TOTAL.REDUCTION IN AMOUNT. 7b,457.43 L 16.457.93 300. CASH AT SETTLEMENT FROM/TO BORROWER: 600 CASH AT SETTLEMENT TO/FROM SELLER: 301. Gross ar crit duc from borruwer(11rtc 120) 91,720.25 _ 601.Gross amount cue to sellcr(Rne 420) 90,000.00 - 302.Less amount,paid by/for borrower(ltne 220) 16,4L 7-93 602 Less tons reductions an amount due.eller0inc 520; 16 457.93 303. CASH ix FROM_]_L TO}BORROWER: 7S 202.32 603.CASH Ex TO],( FROM]SELLER: 73,542.07 21428290E Cct-Gi-CI 12:54pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.03/11 F-503 t t to a tetrunn i L_ SETTLEMENT CI-IARGEs BORROWER'S SFt T t=A'S FUNDS FUNDS 700-TOTAL SALF_S/BROI:ER'S COMMISION Basco on 5 Ot. %= AT SETTLEMENT AT SETTLEMENT Divas,on of Cotrunissioo(hoe 700)aa:follows: 701.S to I 1I 702.S to I 1 703. Comeaus,on paid at settlement } 704. 800 ITEMS PAYABLE IN CONNECTION WITH LOAN. 80I. Loan Origination fcc _ 5b 802.Loan Dscouna % 803. Appre,::.a!fee _ to 804. C:an Repot to 805 Lcncl:r's•..;tpec0on fee to - 806.MottFr.-t Insurance appl1canon Ice to - 807.Assurnpuosa Fee to . 808.Comdurnent Fee to 809. 1=NMA Processing Fee - to _ _ 810.?tcntra to 811. to • 812 to I I _ 900.ITEMS REQUIRED BY LENDER TO BE PAID LN ADVANCE. 001 Inures from to . ®$ /day - 902 Mortgage insurance ore-mium for mo.co 903.Hazard insurance presmum for yrs.To I 904..Flood Insurance yrs.to 005. _- 1000 RESERVES DEPOSITED WITH LENDER 1001 Hazard Insurance mo.®S Der tap 1002-Moro age uur+raate rno..11)3 Der too. 1003. City property ryes mo®S _ per mo. _ 1004-County prOperry lanes mo.go$ per mo. 1005.Annual e5 c+aments(Maio[.? mo.0S Per mo. 1006 School Prosy Taxes mo®S per mo. 1007.Water Dist.Prop Tax mo.Q@S ocr mo._ 1003.Flood Iiisarance _ mo.a7S •• r mo _ 1009-Aggregate Accounting Adjustment I 1100.TSILE CHARGES: 1.101.Scalcment or closing fee to - 1102.Abstract or lade scaren _ TO 1103.Tine exams/mama to 1104 Title.nsurancc oirulcr to it 1105.Documentpreparanon NARRANTY DEED to GREGORY C. bESS 75.00 1106 Nontry fcc_ so ' . __1107.:tn.to.v's tee Co TO (L^.ciutes abode:terns No.: 1108.7.):te lnsurtr%cc, to STEWART T}TLE COMPANY . 912.001- __ !:-..::.Qa above stems No.- ) _ y -a 1109. Leitc:er•s covcra c 5 _ - 1110 Owner's coverage 90 000 00 S 912 00 1111. Escrow fee to STEWAR7 TITLE COMPANY 150.00 1112. Rescrictaoas _ to 1113.Messenger Ser•v%cc to STEWART T I T t.E COMPANY 15.00 � _ 1114 to - _ _ 1 1200.GOVERNMENT RECORDING AND TRANSFER CHARGES 1201 Recording fees: Deed 5 15.00 Mrtg 5 _ Rel.b _ _ NIP 12.00 27-00 1202 Cary/colony G.x/stJmo . Deed$ MrtR S 1 - 1203-Sere rax/s1ampa: Deed S Mrtt:S __ 1204 Tax certificates to _ 1205. to - 1206. to _1300. ADDITIONAL SETTLEMENT CHARGES C 1301.Survey TO GULLETT & AS:30C1ATES ! _ 541.25 _ _1303 Pcst anspeVUOO to 1303. to _ 1304. to 1305 to . 1400.TOTAL SETTLEMENT CHARGES(entered on Unto 103.Sce0on I and 502. Section IQ 1 1.720.25 r CERTIFICATION. !have carefully reviewed the HUD-1 Sr*tle.sa r r•r,r..,,n..•rn.. bor of my 2020wlcdgc and belief,it a a tn,c ua4 accurate sr remear of all receipts and dish asements made on my account or by rrte`� - I ri,nher certify that I have reeeavcd a copy of HUD-! Seatemen�Ssa{trfq�t Borrowers � - Sellers r,GG •{{``U�1� The HUD-1 Sesel^aaent Statement which red as a true and accU'ratc account of Ous crarisacood. I nave caused o f '6,, fi,nrt.to be disbursed as accordance with this sratemcnt_ � ��3_ __ ������,```""'''"''� Cerrir rrt•nr_ pent G Date ;�;Q SEE PAGE 3 FOR SIGNATURES, IF APPLICABLE wARz;LNL: I: :crane to l:now.nsly[unlit false statements to the United States on this in any other sun.Llr rotor.Penalaes upon eonvlelioO.:an include a fine and uDprasae:1:c..: i•or details see: Tate 18-U.S Code Socuon 1001 coo'Section 2010 814882906 Oct-01-01 12:54pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.04/11 F-503 Page 3 to be att,xod to huD-1 Sereement Statement GFrr: 01200631 CERTIFICATION 13eiler's and Purchaser's signature hereon acknowledges his/their approval of tax prorations and s gnifies their understanding that prorations were based on taxes for the preceding year or estimates for the current year, and in the event of any change for the current year. all necessary adjustments must be made between Seller and Purchaser; likewise any default in delinquent taxes will be reimbursed to Title Company by the Seller. Title Company, in its capacity as Escrow Agent, is and has been authorized to deposit all funds it receives in this transaction in any financial institution, whether affiliated or not. Title Company shall not be liable for any interest or other charges on the earnest money and shall be under no duty to invest or reinvest funds held by at at any time. Seller and Purchasers hereby acknowledge and consent to the deposit of the escrow money in financial institutions with which Title Company has or may have other banking relationships and further consent to the retention by Title Company and/or its affiliates of any and all benefits (including advantageous interest-rates on loans) Title Company and/or its affiliates may receive from such financial institutions by reason of their maintenance of said escrow accounts. The parties have read the above sentences, recognize that the recitations Herein are: material. agree to same, and recognize Title Company is relying on the same. ', nave carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and r.,imef, it is a true and accurate statement of ail receipts and disbursements mad an my account or by me in this transaction. I further certify that I have received a cow. HUI5 1 Settlement Statement. CITY • Purch (s)/Sorr r( eller(s urchaser(s)/13 rrower(s) eller(s) Harold L. Whitaker Maya ' To the best of my knowledge. the HUD-1 Settlement Statement which I have prepared is a true and acc ate account of the funds which were received and have been or will be disbursed by the under- •.ed as part of the settlement of this transaction. of‘Aa/ Settlement Agent Date WARNING: It is a crime to knowingly make false statements to the United States on this or any other similar form. Penalties upon conviction can include a fine and imprisonment_ For details see: Title 18 U.S. Code Section 1001 and Section 1010. 814882906 - - :::57pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.09/11 F-503 NOTICE TO PURCHASERS OF REAL.PROPERTY GF No. _ vs2v0631 The real property, described below, that you are about to purchase is located in the_CLEAR CREEK DRAINAGE DISTRICT District. The district has taxing authority separate from any other'taxing authority and may, subject to voter approval. issue an unlimited amount of bonds and levy an unlimited rate of tax in payment of such bonds. As of this date, the rate of taxes levied by the dustnct on real property locatri in the district is $ 0-15 on each$100 of,assessed valuation. If the district has not yet levied taxes. the most recent projected rate of tax, as of this date, is$ - - on each$100 of assessed valuation. The total amount of bonds, excluding refunding bonds and any bonds or any,anon of bonds issued that are payable solely from revenues received or expected to be received under a contract with a goveturYxntai entity, approved by the voters and which have been or may, at this date,be issued is$ 175 000.00 and the so..grega:e initial principal amounts of all bonds issued for one or more of the specified facilites of the district and payable in whole or in parr from property taxes is$ 175,o00_0 0 The district has the authority to adopt and impose a standby fee on property in the district that has water, sanitary sewer, or drainage facilities aad servic:cs available but not connected and which does not have a house, building, or other improvement located thereon and does not substantially utilize the utility capacity available to the property. The district may exercise the authority without holding an election on the matter. As of this date, the most recent amount of the standby fee is$ _ An unpaid standby fee is a personal obligation of the person that owned the property at the time of imposition and is secured by a lien on the property. Any person may request a certificate from the district stating the amount, if any, of unpaid standby fees on a tract of property in the district. The purpose of this district is to provide water, sewer, drainage, or flood control facilitie Ama-lectuwqrarkirDn[nnaW-4iirrrirr through the issuance of bonds payable in whole or in part from property taxes. The cost of these utility facilities is not included in the purchase of your property, and these utility facilties are owned or to be owned by the district. The legal description of the property you arc acquiring is as follows: Parr. :.,f Lots Forty-one (41) and Forty-two (42) of SLONE'S St '.''.STOpt, a subdivision in Galveston County, Texas, acccl.:a_: _j to the man or plat thereof recorded in Volume 254, Page ,n the office of the County Clerk of Galveston County, Texas. .:::d being more particularly described by metes and bounds as COMMENCING at the South corner of Lot 42; THENCE North 25' 02' 40" East along the Southeast line of Lot 42, a distance of 609.79 feet; THENCE North 28° 12' 20" west a distance of 386.96 feet to the PLACE OF BEGINNING of the tract hereinafter described; TlEl;'i:: from said beginning corner continuing North 28° 12' 20" west .stance of 131.00 feet to a point for corner; mENCL ° 35' 00" East a distance of 400.00 feet to a Continued on next page are: Se 5 200 IR HRTFIELD 81488290E 0ct- 1•'01 12:5Tpm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.10/11 F-503 Continuation of Notice CO Purchasers of Real Property GF NO: 01200631 CONTINUATION OF SELLER SIGNATURES (Seller Acimowteos nenr) Stare of Tesas County of GALVESTON This instrument was acknowloagcd before me on 0_c/ ✓ / / n_by IRENE I.. RATFIEI.0 Notary Public.S ofTe.:a.s PURCHASE 2 IS ADVISED THAT THE INFORMATION SHOWN ON THIS FORM IS SUBJECT TO CHANGE BY THE DISTRICT AT ..T:Y TIME. THE DISTRICT ROUTINELY ESTABLISHES TAX RATES DURING THE MONTHS OF SEP<'EivIBER 'THROUGH DECEMBER OF EACH YEAR, EFFECTIVE FOR THE YEAR IN WHICH THE TAX RATES ARE APPROVE€. r \. THE DISTRICT. PURCHASER IS ADVISED TO CONTACT THE DISTRICT TO DETERMINE THE STATUS OF ANY CURRENT OR PROPOSED CHANGES TO THE INFORMATION SHOWN ON THIS FOR_tvI_ The undersi;ne i ..urthaser hereby acknowledges receipt of the foregoing notice at or prior to execution of a binding contract for the purchase of the seal property described in such notice or at closing of purchase of the real property. Dare_ Se e r 25 200 CI OF r IENDSWoo1 Harold L. Whitakor . _maynr Buyer Acknowledgement) So.w of Taus County of GALVESTON • A (� nn L ///t /,/ I�j This tostzun nt was aci-nowledged before me ma --OCT?)A-el _ Al by /!N ^� [/v}'" Tn/k A 7 n of CITY OF FRI2NDSWOOD, on beh?1f of said co ration_ Notary Public.State IGI s (Noce: Correct Auffict name, tax rate. bowl anoounrs. standby fee amotmt, and legal acacitpuou are to be placed TEL ttte approprurc apace. Except for nonees menden as an adcienauna or paragraph of a purchase contract,me Notts shall be esec ted by the seller and purchnsar. as ufdicarod If the District does not propose to provide one or riore of the specified facilitica and services, the appropriate purpose may be eliminated. if the District has not yet levied taxes.a az4talenr,,f any. es to cc p .c:r :r,r..c rpproprtatc space. if the District does not b ve approval from the commis,oe to adopt and impose a standby fcc.the second pars yraph of the Nonce ma.:, .!_),!cat For the purposes of the Nonce form required to be gavot to me prospective purchaser prior to esocutiot of'a braiding contract of sale and purchase. a.,-':er anu any agent. representative. or person acting on his behalf may r*.(virfy the Nonce by subsatunon of the words"January 1. .for the words "this ct *r'.ia t place the correct calendar year in the appropriate space.) • • a. • • • s"' 814882906 Oct-01-01 12:55pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.05/11 F-503 TITLE COMPANY DISCLOSux.E' CU R_ANTY FILE NO.: 01200631 SELLER (whether one or more): IRENE L. HATFIELD BUYER (whether one or more): CITY OF FRIENDSWOOD represented by Harold L. WhitakeY_ Mavoj LENDER: ?ROPER`YY: Part of Lots Forty-one (41) and Forty-two (42) of SLONE'S SUBDIVISION, a subdivision in Galveston County, Texas, according to the map or plat thereof recorded in Volume 254, Page 54, in the Office of the County Clerk of Galveston County, By initialing some or all of the following items as may be appropriate for this transaction, each 3FLLER and/or BUYER acknowledges their understanding of the disclosures being made by STBW*K::: :'TLE COMPANY (hereinafter called "TITLE COMPANY") . Each disclosure is being made to Buyer :-::d Seller on behalf of both TITLE COMPANY and its title insurance underwriter- Buyer's 1) WAIVER OF INSPECTION. In consideration of the issuance Initi by TITLE COMPANY to BUYER of either an owner Policy of Title Insurance (T-1) or a Residential Policy of Title Insurance (T-1R) - (in this l� document either such policy, unless specifically referred to otherwise, is referred to as the "Owner Title Policy") insuring good and indefeasible title to the Property, except as to be shown in Schedule B of the Owner Title Policy and subject to the terms and conditions of such Owner Title Policy, BUYER hereby waives any obligation on the part of TITLE COMPANY to inspect the Property. Buyer agrees to accept an Owner Title Policy containing the Schedule B exception for "RIGHTS OF PARTIES IN POSSESSION" . "Rights of Parties in Possession" shall mean one or more persons or entities who are themselves actually physically occupying the property or a portion thereof under a claim or right adverse to the insured owner of the Property as shown on Schedule A of the Owner Title Policy. Within the meaning of this exception, -possession' includes open acts or visible evidence of occupancy and any visible and apparent roadway or easement on or across all or any part of the Property, but this exception does not extend to any right, claim, or interest evidenced by a document recorded in the real estate records maintained by the County Clerk of the county in which the Property is located. However, if the BUYER does not Initial this paragraph, the BUYER is indicating the BUYER'S refusal to accept an Owner Title Policy containing an exception as to "RIGHTS OF PARTIES IN POSSESSION" . The TITLE COMPANY may then require an inspection of the Property and additional charges may be assessed for the reasonable and actual costs of such an inspection. TITLE COMPANY may make additional exceptions in Schedule B of the Owner Title Policy for matters as revealed by such inspection. Buyer' s 2) RECEIPT OF COMMITMENT. BUYER hereby acknowledges having Initia s received and reviewed a copy of the Commitment for Title Insurance issued in connection with the above referenced transaction and any copies of the documents described therein requested by BUYER. BUYER understands that the Owner Title Policy will contain the exceptions set forth in Schedule B of the Commitment for Title Insurance, together with any additional exceptions to title resulting from the final downdate search of the public records and from the documents involved in this transaction and any additional exceptions for items shown on Schedule C of the Commitment for Title Insurance which have not been resolved. Buyer' s 3) UNSURVEYED ]PROPERTY. BUYER understands that no up-to-date Initia survey of the Property has been done in connection with this transac- tion and that the Owrier Policy to be issued to BUYER will not provide title insurance coveirage against encroachments and/or protrusions of improvements. bc,undaary conflicts, or other matters that would be found by a cuu:rent. survey. TITLE COMPANY has not attempted to determine if the Property lies in a special flood hazard area, and TITLE COMPANY has not made any representation concerning proximity of the Property in relation to any flood-plain or flood hazard area_ BUYER is advised chat information concerning special flood hazard areas may be av:silabl,e from county or municipal offices, a qualified surveyor or land-engineering company, or a private flood-plain consultant. 8143323@C C'ct - <' 55pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.06/11 F-503 �c+xyer s 4(A) ACCEPTANCE OF SURVEY. BUYER has received and reviewed a copy Ina�zi s of the survey of the Property made in connection with this transaction_ Buyer's 4(B) BOUNDARY COVERAGE. As proposed to be issued, BUYER's Owner Initia s Policy will contain a general exception to any discrepancies or con- flicts in area or boundary lines, and any encroachments. protrusions, or overlapping of improvements. On payment of an additional 15% of the Owner Policy premium, policy coverage against these matters is avail- able, subject to TITLE COMPANY'S approval of a current survey of the Property and without limiting specific exceptions to matters disclosed by the survey_ BUYER DECLINES TO OBTAIN THIS ADDITIONAL COVERAGE. Se s Buyer's 5) PROPERTY TAX PRORATIONS_ Property taxes for the current year AgLVIDA- Initial= have been prorated between BUYER and SELLER, who each acknowledge and understand that these prorations are based upon (a) the sales price or ��� ' the most current appraised value available and the most current tax rate available or (b) some other common method of estimation_ SELLER warrants and represents that rbere are no past due taxes owed on the Property and if such warranty and representation is untrue, the SELLER shall reimburse Title Company, on demand, for any sums paid by the Title company to pay such taxes, and any related penalty and interest. BUYER and SELLER each agree that, when amounts of the current year's taxes become known and payable (on or about October 1st), they will adjust any changes of the proration and reimbursement between them- selves and that TITLE COMPANY shall have no liability or obligation with respect to these prorati.ons. Buyer's 6) TAX RENDITION AND EXEMPTIONS. Although the Central Appraisal Initi District (CAD) may independently determine BUYER's new ownership and billing address, BUYER is still obligated by law to -render" the Prop- arty for taxation by notifying the CAD of the change in the Property's ownership and of BUYER'S proper address for tax billing. BUYER is advised that current year's taxes may have been assessed on the basis of various exemptions obtained by SELLER (e.g., homestead or over-65) . It is the BUYER'S responsibility to qualify for BUYER'S own tax exemptions and to meet any requirea►euts prescribed by the taxing authorities. BUYER acknowledges and understands these obligations and the fact that TITLE COMPANY assumes no responsibility for future accuracy of CAD records concerning ownership, tax-billing address, or status of exemptions. Buyer's 7) HOMEOWNER'S ASSOCIATION_ BUYER acknowledges that ownership Initi is of the Property involves membership in a Homeowner's, Condominium or other Property Owner's Association, to which monthly or annual dues or assessments may be owed. These dues or assessments may be enforceable by a lien against the Property. BUYER understands that the Association (or its managing agent) should be contacted by BUYER immediately to ascertain the exact amount of future dues or assessments. TITLE COMPANY has made no representations with respect to, such Association's annual budget, pending repairs or deferred maintenance, if any, or other debts of the Association. BUYER accepts sole respon- sibility to obtain such information and verify its accuracy to BUYER's satisfaction. Se lr-- 3uyer•s 8) CLOSING DISCLAIMER. SELLER and BUYER each acknowledge and Init s understand that the above referenced transaction has not yet "closed" . M� �� Any change in possession of the Property takes place Al BUYER'S AND SELLER'S OWN RISK. THIS TRANSACTION IS NOT "CLOSED" UNTIL: A) ALL TITLE REQUIREMENTS ARE COMPLETED TO THE SATISFACTION OF TITLE COMPANY; B) ALL NECESSARY DOCUMENTS ARE PROPERLY EXECUTED, REVIEWED, AND ACCEPTED BY THE PARTIES TO THIS TRANSACTION AND BY TITLE COMPANY; AND, C) ALL FUNDS ARE COLLECTED AND DELIVERED TO AND ACCEPTED SY THE PARTIES TO WHOM THEY ARE DUE. 814882906 Oct-01-01 12:56pm From-STEWART TITLE CLEAR LAKE 8148 2906 T-551 P.07/11 F-503 Buyer's 9) ARBITRATION.. This paragraph does not apply to the Residential T-nitia Owner Policy (T-1R) _ The Parties may later agree to arbitrate under the Residential Owner Policy (T-1R) . You may require deletion of the arbitration provisiorc of the Owner Policy. If you do not delete this provision, either you or the Company may require arbitration, if the law allows. There is no charge to delete this provision. IF YOUR POLICY IS NOT A._TEXAS RESIDENTIAL. OWNER POLICY (T-1R) . YOU MAY REQUIRE DELETION OF rn£ ARBITRATION PROVISION BY MARKING 0 IS PARAGRAPH 9. Seller's 10) IRS REPORTING. SELLER acknowledges having received at closing Initia s a copy of the HUD-1 Settlement Statement as a Substitute Form 1099-S. In accordance with federal tax regulations, information from the HUD-1 Statement will be furnished to the Internal Revenue Service_ Belle :. Puyer s 11) ERRORS AND OMISSIONS. In the event tnat any of the documents prepared in connection with the closing of this transaction contain errors which misstate or inaccurately reflect the true and correct terms, conditions and provisions of this closing, and the inaccuracy or misstatement is due to a clerical error or to a unilateral mistake on the part of the TITLE COMPANY, or to a mutual mistake on the part of the TITLE COMPANY and/or the SELLER and/or the BUYER, the undersigned agree to execute, in a timely manner, such correction documents as TITLE COMPANY may deem necessary to remedy such inaccuracy or misstatement. Buyer's 12) ATTORNEY REPRESENTATION AND NOTICE.. BUYER may wish to Initia s consult an attorney to discuss the matters shown on Schedule B or C of the Commitment for Title Insurance that was issued in connection with this transaction. These matters will affect the title and use of the Property_ The Title Insurance Policy will be a legal contract between BUYER and the underwriter. Neither the Commitment for Title Insurance nor the Title Insurance Policy are abstracts of title, title reports or representations of title. They are contracts of i ity_ No representation is made that your intended use of the ray i.s allowed under law or under the restrictions or exceptions f£ec \ng t erty. R SIGNA IRENE L. EATFI St8L F- or Texas ) Ccur: _ NARRIS l Tl _ instu ert was acknowledged before me on the 3rd _ of October 2001 , by I2 :L•;F_ L . F ATFI_ELD. Notary Public, State of Texas BUYER SIGNATURE By OF FRI SWOOA Harold T,_ Whi l- kPr Mayor Stag of Texas ) ) Co-Inn i r,f HRRRIS ) This instrument was acknowledged before me on the%(/UCI._ day of October 2001 , by CITY OF FRIENDSWOOD represented by /-j ii L1) ll� L2,f'Q�L��/" r N Cary Public, ate f Texas 814882906 Oct O1-01 12:56pm From-STEWART TITLE CLEAR LAKE 814882906 T-551 P.08/11 F-503 TITLE COMPANY DISCLOSURES CON'T: G.F. No. : 01200631 LEGAL DESCRIPTION CON'T: Texas, and being more particularly described by metes and bounds as follows: COMMENCING at the South corner of Lot 42; THENCE North 25* 02' 40" East along the Southeast line of Lot 42, a distance of 609.79 feet; THENCE North 28* 12' 20" West a distance of 386.96 feet to the PLACE OF BEGINNING of the tract hereinafter described; THENCE from said beginning corner continuing North 28* 12' 20" West a distance of 131.00 feet to a point for corner; THENCE North 43* 35. 00" East a distance of 400.00 feet to a point for corner; THENCE South 28* 12' 20- East a distance of 131.00 feet to a point for corner; THENCE South 43* 35' 00" West a distance of 400.00 feet to the PLACE OF BEGINNING. FEE $61 . 68 ****** TAX CERTIFICATE ****** PAGE 1 OF 3 UPDATE DATA TRACE 1415 N. LOOP WEST-SUITE #800 HOUSTON, TEXAS 77008 (713) 869-2220 FAX (713) 869-6639 OUST STEWART TITLE - HOUSTON BRANCH 151 BIDDLE, CLEAR LAKE GF# 01200631 CLOSER PXB ppDER TYPE A- 1 SUBTYPE R DATE 10/01/01 ******************** ** ** ******,*** * ********************************** GGA C37 S12 D05 CAD# 6570-0000-0041-001- TR3/SDR DESC ABST 9 PAGE 13 & 16 PT OF LOTS 41 & 42 (41-1) SLONES SUB ABST/SUB ID S 6570 ACREAGE 1 .203 SITUS 2102 FRIENDSWOOD DR FRI MAIL PO BOX 752169 HOUSTON TX 77275-2169 ASSESSED OWNER (S) 2001 ASSESSED VALUES HATFIELD IRENE L LAND 18, 050 IMPROVEMENT 47, 900 TOTAL VALUE 65, 950 TAX ENTITY INFORMATION GALVESTON COUNTY PAYMENTS AS OF 08/22/01 P 0 BOX 1169 GALVESTON, TX 77553 01 TAX RATE 0 . 5654000 PHONE 409-766-2481 W/O EXEMPT 372 . 88 EXEMPTIONS NONE YR BASE TAX BASE DUE DUE 10/01 DUE 11/01 00 359 .43 0 . 00 ** PAID ** SUBTOTAL 359 .43 0 . 00 0 . 00 0 . 00 CITY OF FRIENDSWOOD PAYMENTS AS OF 09/24/01 P 0 BOX 31 FRIENDSWOOD, TX 77546 108 E SHADOWBEND 01 TAX RATE 0 . 6385000 PHONE 281-482-1198 W/O EXEMPT 421 . 09 EXEMPTIONS NONE YR BASE TAX BASE DUE DUE 10/01 DUE 11/01 AC# R146650 00 421 . 09 0 . 00 ** PAID 12/31/00 ** SUBTOTAL 421 . 09 0 . 00 0 . 00 0 . 00 FRIENDSWOOD ISD PAYMENTS AS OF 09/24/01 P. 0. BOX 31 FRIENDSWOOD, TX 77546 108 E SHADOWBEN 01 TAX RATE 1 . 6170000 PHONE 281-482-1198 W/0 EXEMPT 1, 066 .41 EXEMPTIONS NONE YR BASE TAX BASE DUE DUE 10/01 DUE 11/01 AC# R146650 00 1, 045 . 31 0 . 00 ** PAID 12/31/00 ** SUBTOTAL 1, 045 . 31 0 . 00 0 . 00 0 . 00 ****** TAX CERTIFICATE ****** PAGE 2 OF 3 DATA TRACE 1415 N. LOOP WEST-SUITE #800 HOUSTON, TEXAS 77008 (713) 869-2220 FAX (713) 869-6639 CUST STEWART TITLE - HOUSTON BRANCH 151 BIDDLE, CLEAR LAKE GF# 01200631 CLOSER PXB ORDER TYPE A- 1 SUBTYPE R DATE 10/01/01 CLEAR CREEK DRAINAGE DISTRICT PAYMENTS AS OF 09/24/01 P . 0. BOX 31 FRIENDSWOOD, TX 77546 108 E SHADOWBEN 01 TAX RATE 0 . 1550000 PHONE 281-482-1198 W/O EXEMPT 102 . 22 EXEMPTIONS NONE YR BASE TAX BASE DUE DUE 10/01 DUE 11/01 AC# R146650 00 102 .22 0 . 00 ** PAID 12/31/00 ** SUBTOTAL 102 .22 0 . 00 0 . 00 0 . 00 ******************************************************************************* COMMENTS GALVESTON COUNTY - **** EXMP: HM 20%; 065 60, 000; DIS 60, 000 TAX RATE INCLUDES ROAD/FLD. CITY OF FRIENDSWOOD - **** EXMP: HM 20% ; 065 25, 000 ; DIS 25, 000 FRIENDSWOOD ISD - **** EXMP: HM 15, 000 ;065 20, 000 DIS 20, 000 CLEAR CREEK DRAINAGE DISTR - DOES NOT ASSESS STAND BY FEES . BONDS APPROVED 175, 000-BONDS ISSUED 175, 000 EXMP: HM 0 ; 065 25, 000; DIS 25, 000 ******************************************************************************* SUMMARY OF CURRENT YEAR * SUMMARY OF TAXES DUE TAX YEAR BASE TAX * DUE 10/01 DUE 11/01 GALVESTON COUNTY 2000 359 .43 * 0 . 00 0 . 00 CITY OF FRIENDSWOOD 2000 421 . 09 * 0 . 00 0 . 00 FRIENDSWOOD ISD 2000 1, 045 .31 * 0 . 00 0 . 00 CLEAR CREEK DRAINAGE DIS 2000 102 .22 * 0 . 00 0 . 00 TOTAL TAX 1, 928 . 05 * 0 . 00 0 . 00 ******************************************************************************* CAD ACCOUNT NUMBER SUMMARY 6570-0000-0041-001- ****** TAX CERTIFICATE ****** PAGE 3 OF 3 DATA TRACE 1415 N. LOOP WEST-SUITE #800 HOUSTON, TEXAS 77008 (713) 869-2220 FAX (713) 869-6639 CUST STEWART TITLE - HOUSTON BRANCH 151 BIDDLE, CLEAR LAKE GF# 01200631 CLOSER PXB ORDER TYPE A- 1 SUBTYPE R DATE 10/01/01 ******************************************************************************* CERTIFICATION, CONDITIONS AND EXCLUSIONS THIS CERTIFIES THAT ALL AD VALOREM TAXES APPLICABLE TO THE ABOVE REFERENCED PROPERTY HAVE BEEN CHECKED AND FOUND TO HAVE THE STATUS INDICATED. 1 . THIS CERTIFICATION DOES NOT COVER ANY CHANGES MADE TO TAX ROLLS OR RECORDS AFTER THE "PAYMENTS AS OF" DATES LISTED ABOVE. 2 . THIS DOCUMENT DOES NOT CONSTITUTE A REPORT ON OR CERTIFICATION OF MINERAL (PRODUCTIVE AND NON-PRODUCTIVE) TAXES, LEASES, PERSONAL PROPERTY TAXES OR OTHER NON AD VALOREM TAXES (SUCH AS PAVING LIENS, STAND-BY CHARGES OR MAINTENANCE ASSESSMENTS) . THESE ITEMS MAY BE INCLUDED FOR CONVENIENCE PURPOSES ONLY. 3 . THIS CERTIFICATE IS NOT TRANSFERRABLE AND IS ENFORCEABLE ONLY BY THE PARTY TO WHICH IT HAS BEEN ISSUED. PRINTED BY SWH/CL2 ****** HOA CERTIFICATE ****** PAGE 1 OF 1 DATA TRACE 1415 N. LOOP WEST-SUITE #800 HOUSTON, TEXAS 77008 (713) 869-2220 FAX (713) 869-6639 CUST STEWART TITLE - HOUSTON BRANCH 151 BIDDLE, CLEAR LAKE GF# 01200631 CLOSER PXB ORDER TYPE A- 1 SUBTYPE R DATE 10/01/01 ******************************************************************************* SELLER HATFIELD IRENE L BUYER CITY OF LEAGUE CITY PROP ADDR 2102 FRIENDSWOOD DR LEGAL DESC ABST 9 PAGE 13 & 16 PT OF LOTS 41 & 42 (41-1) SLON ES SUB ABST/SUB ID S6570 COUNTY GALVESTON ******************************************************************************* NO MAINTENANCE ASSESSED *** THIS SUBDIVISION IS NOT ASSESSED BY AN HOA *** • • SEPTEMBER 26, 2001 STATE OF TEXAS GALVESTON COUNTY METES AND BOUNDS DESCRIPTION 2102 S. FRIENDSWOOD FRIENDSWOOD, TEXAS Part of Lots 41 and 42 of Slone's Subdivision, a subdivision in Galveston County, Texas, according to the map or plat thereof recorded in Volume 254,page 54, in the Office of the County Clerk of Galveston County, Texas, and being more particularly described by metes and bounds as follows: COMMENCING at the South corner of Lot 42; THENCE North 25° 02 Min. 40 Sec. East, along the Southeast line of Lot 42, a distance of 609.79 feet; THENCE North 28° 12 Min.20 Sec. West,a distance of 386.96 feet to a found 5/8 inch diameter iron rod for the PLACE OF BEGINNING of the tract herein described; THENCE continuing North 28° 12 Min. 20 Sec. West, a distance of 131.00 feet to a found 5/8 inch diameter iron rod; THENCE North 43° 35 Min. 00 Sec. East, a distance of 400.00 feet to a found 5/8 inch diameter iron rod; THENCE South 28° 12 Min. 20 Sec. East, a distance of 131.00 feet to a found 5/8 diameter iron rod; THENCE South 43° 35 Min. 00 Sec. West, a distance of 400.00 feet to the PLACE OF BEGINNING. i ' 1� ,,TF+ A / co/�G1S TF,o a.� ................. JOHN)P HORME... John P. Horne R.P.L.S. #5099 ... • 5a99 Va. SURVE GULLETT&ASSOCIATES,INC. WORD\DOCS\SUB D\MR\01092603.M&B. This property appears to be out of the 100 year 0 40 80 120 flood plain, & in insurance rate map zone X, . as per mop 4854680005E I Dated 9-22-99 This determination to be used for flood insurance rote purposes . co,e: 1" = 40' ONLY and is NOT to be relied upon for ANY other purpose. Surveyor has NOT determined whether property lies in a FLOODWAY area and makes NO representation as to whether property lies within a FLOODWAY area. P.O.C. Fnd. 7 I g09 79' 5/8" I.R. q0 E — REMAINDER OF LOT 42 14 25. O2 N 28' 12' 20" W 263.98' 386.96' S 43* 35' 00" W - 400.00' Fnd. Fnd. P 0 5/8" I.R. 5/8" I.R. y 1 Q O i •O O ;^ S :P H AL:: T:.. oR1E;DRIVEWAY . 0 "5 • ,-// • ... ° i C10j = Water Well O u :' •..' 14.8' G.C.C.F.NO. 9133255 i.; Cl,) 4� 23.1'b1 r OCI 94.8' „� 44.2' 1 Story Frame CO J Ln 1 Story Frame o #2102 b r o 1 "• 67.3' '� . Fnd. Fnd. meandoring & fallen barbed wire �} 5/8" I.R. 5/8" I.R. I N 43* 35' 00" E - 400.00' • -; tic= ; .~:� / rjr LcSF.�k JY REMAINDER OF LOT 41 ta.�y% "'_".•'.',�%' * Part of Lots 41 and 42 of Slone's Subdivision and being -`,•v -,1 7- more particularly described by metes and bounds attached. I hereby certify to the Lender, Purchaser, and Title Company LOT: BLOIX: weal+4suNc SECTION: named hereon ONLY that this survey was made under my Notes - s * SLONE'S supervision on 10-1 91 ArpcV9 f fji3all complies•with current — Basis for Bearings: Metes and Bounds RECORDATION: COUNTY: STATE: standards of tlefptF' ' , sessional Surveyors. — Distances shown are ground distances. VOL. 254, PG. 54 OF PLAT O.C.C.G.C. GALVESTON, TEXAS / i — All abstracting done by title company. % /� )/ - All B.L.'s & u.E.'s taken from recorded plat unless otherwise noted. 2102 SOUTH FRIENDSWOOD FRIENDSWOOD — All fences are 6' wood unless otherwise noted. — This survey certified far this transaction ONLY. ADDRESS an: v�ocx: �+0+ TIME coupulr: Cf. H .P.L.S. No. 5099 Date - Survey is NOT to be relied upon for ANY other purpose. CITY OF FRIENDSWOOD CITY STEWART TITLE CO. 01200631 Dimension ties from improvements to property lines are calculated Mdwent accvvroq To r a I 1 ose ease'pothole d.' °�) and should NOT be relied upon far construction and/or removal of GULLETT & ASSOCIATES. INC. s,,.. Motes No Rpr.senlwlio,AI To Whether Property Lid MPhil inoot.oY Are.* any improvements including fences. P.O. BOX 230187 HOUSTON, TEXAS 77223 DRANK BY: r13 (713) 644-3219 . FAX (713) 644-4945 DRAWING NO.:01092603 ,