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HomeMy WebLinkAboutLake Friendswood Park - Warranty Deed - TEXAS PARKS AND RECREATION FOUNDATION \ III CORRECTION Q 10 A 3 9 m 0 2 1 1 SPECIAL WARRANTY DEED ��r788 GF# 93020166 Date: April 27, 1993 � Grantor: TEXAS PARKS AND RECREATION FOUNDATION, INC a nonprofit corporation Grantor's Mailing Address (including county) : zz�sa�'�` P.O. Box 830309, Dallas County, Richardson, Texas 75083-0309 Grantee: CITY OF FRIENDSWOOD Grantee' s Mailing Address (including county) : 109 East Willowick, Galveston County, Friendswood, Texas 77546 Consideration: TEN AND NO/100 DOLLARS ($10.00) and other valuable consideration Property (including any improvements) : SEE ATTACHED "A" ATTACHED HERETO AND MADE A PART HEREOF Reservations from and exception to Conveyance and Warranty: This conveyance is made and accepted subject, to the following matters, to the extent same are in effect at this time; Easements, right-of-way, and prescriptive rights, concerning conditions, oil and gas leases, mineral severances, and other instruments, that affect the property. All zoning laws, regulations and ordinances of municipal and/or other governmental authorities, if any, but only to the extent they are still in effect relating to the hereinabove described property. Grantor, for the consideration and subject to the reservations from and exceptions tq conveyance and warranty, grants, sells, and conveys to Grantee the property, together with all and singular the rights and appurtenances thereto in any wise belonging, to have and hold it to Grantee, Grantee's heirs, executors, administrators, successors or assigns forever. Grantor binds Grantor and Grantor's heirs, executors, administrators, and successors to warrant and forever defend all and singular the property to Grantee and Grantee' s heirs, executors, administrators, successors, and assigns against every person whomsoever lawfully claiming or to claim the same or any part thereof, except as to the reservations from and exceptions to conveyance and warranty, when the claim is by, through or under Grantor, but not otherwise. 010- 39 -- 0212 Except for the warranty of title set forth above, Grantor expressly disclaims all warranties of any nature, kind or character, express or implied, regarding the physical and environmental condition of the property or the improvements on the property, including, without limitation, any warranties of habitability, merchantability or fitness for a particular purpose, and Grantee accepts such property and improvements "as is - where is" condition, with all faults. When the context requires, singular nouns and pronouns include the plural. NOTE: This deed is made in place of and to correct a deed from Grantor to Grantee, dated April 27, 1993 and recorded on April 28, 1993 under Galveston County Clerk' s File Number 9316733 in the Official Public Records of Real Property of Galveston County, Texas. By error or mistake that deed incorrectly described the property as a 45.906 acre tract of land when in fact the tract only contained and grantor only owned the 36. 62 acre tract described herein, this correction deed is made by Grantor and accepted by Grantee to correct that mistake, is effective on April 27, 1993, and in all other respects confirms the former deed. Texas Parks And Recreation Foundation, Inc. a Texas non-profit corporation Y: 0"),UA_tAAV� AL JOHNSO ecretary/Treasurer STATE OF TEXAS § ACOUNTY OF DALLAS § y�This instrument was acknowledged before me on the day of 1995, by Al Johnson, Secretary/Treasurer of Texas Parks and Recreation Foundation, Inc. , a Texas non-profit corporation, on behalf of said corporation. 2"4_2��A44 Notary Public, Stldte of Texas Notary' s Name (Printed) : CANDIDA L. HUGHE3 Li y's of xa�`ion xpires: ` COMMIWon EKplrst.,"n, AFTER RECORDING RETURN TO: City of Friendswood 109 E. Willowick Friendswood, Texas 77546 Attn: John Branson E:clMIT "An 010-39- 0213 Being a tract or parcel containing 36.62 acres of ispd situated in the John Dickinson League, Ab- stract Number 9, and the I.&G.N.R.R.'Company Surveys,.Sections 3 4nd'4.'Abstract Numbers 614 and 608, respectively, Galveston County, Texas, and being part of and out of Lots 56 through 62,. inclusive, and all of Lots 63, 64, and"65, SLOWS SECOND SUBDIVISION, a plat of subdivision filed for record, May 23, 1927, In Book 254-A, Pages 12 and 15, office of the County Clerk of Gal, veston County. Texas (O.C.C.G.C.), also tieing part of and out of that certain called 45.906 acres, referred to as the eastern 3/4ths of Lot 56, and all of Lots 57 through 66, inclusive, of said SL6- NE'S-SECOND SUBDIVISION, as described in deed from Texas Parks and Recreation Foundation, Inc. to City of Fdandswood, dated April 27, 1993, and recorded under Galveston County Clerk's File (G.C.C.F.) Number 9316733, said 36.62 acres being more particularly described as follows (bearings are based on the monumented common subdivision line of SLONE SUBDIVISION, a plat of subdivision filed for record. April 11, 1922, in Volume 3, Page 81-A, Deed Records of Galveston County, Texas, and SLONE'S SECOND SUBDIVISION, said common line being oriented to Its record bearing, North 33400'00' East): - BEGINNING at a 1/2-inch iron rod found marking the most westerly corner of RANCHO VIEJO, SECTION TWO, a plat of subdivision riled for record, November 29, 1979, in Volume IS, Page 163, Plat Records of Galveston County, Texas, said iron rod also being in said common subdivision line and the northwest line of said 45.906 acre tract, said iron rod also marking the most northerly corner of the herein described tract; - THENCE, SOUTH 55030'58' East, with the southwest line of said RANCHO VIE O, SECTION TWO, at a distance of 764.56 feet (called 764.46 feet) pass a 1-1/2 Inch iron "pipe found marking the south common corner of lots 24 and 25, Block 1 of said SECTION TWO at a distance of 1,485.00 feet icalled 1,484.82 feet) pass a 1.3/4 Inch Iron pipe found marking the most southerly corner of said SECTION TWO, continuing with the southeasterly extension-of said southwest line, in ail a dis- tance of 1,519.23 feet Icalled 1,514.02 feet) to a 5/84nch Iron rod with plastic cap set in the southeast line of said 45.906 acre tract and the northwest right-of-way IR/W) line of Windemere Road (alk/a 'County Road to Algoa'), based on a 50-foot width, said iron rod also marking the most easterly corner of the herein described tract; - - THENCE, SOUTH 34'30'00' West,,with, said northwest R/W tine and the southeast'lineof the aforesaid 45.906 acre tract, a distance of 360.83 feet to Its intersection with the common survey line of the aforesaid John Dickinson League and the aforesaid I.&G.N.R.R. Company Survey, Section 3, and being In the north line of that certain called 5.366 acres, described in deed from Elizabeth L. Whiteford, at al, to Daniel A. Tostado, and wife, Carmen & Tostado, dated September 30, 1991, as recorded under G.C.C.F. Number 9135047, said intersection also being in the most northerly south line of said 45.906 acre tract and the;aforesaid SLONE'S SECOND SUBDIVISION, and mark- ing the most northerly southeast corner of said 45.906 acre tract and the herein described tract, from which a 2-inch iron pipe found for reference bears South 75'10' West, 1.00 feet; THENCE, SOUTH 88'13'00' West, with said common survey line, said northerly south lines, and the north line of said 5.366 acre tract, at a distance of 70.71 feet pass a 2-inch Iron pipe found for reference on the bank of a lake, at a distance of 841.05 feet pass the northwest corner of said 5.366 acre tract, continuing with said common survey line, said northerly south lines, and the north line of the remainder of that certain called 5 acres, described in deed from J.C. League to Joseph Lobit, dated April 2, 1909, as recorded In.Book,235, Page.81, O.C.C.G.C., in all a distance of 956.04 feet to the northwest comer of said 5 'acre tract, also being an interior corner of said SLO- NE'S SECOND SUBDIVISION, said 46.906 acre tract, and the herein described tract (corner falls in lake andrwas not set); THENCE, SOUTH, with the west common line of said 6 acre tract, said 46.9Q6 acre tract, and said SLONE'S SECOND SUBDIVISION, at a distance of 206.00 feet pass a 5/8-Inch Iron rod with plastic cap set for reference on the bank of a lake, continuing In alve distance of 233.76 Peet Icalled 234 - feet) to the southwest corner of said 5 acre tract and the most southerly southeast corner of said SLONE'S SECOND SUBDIVISION, said.45.906 acre tract.and the herein.described tract;-said corner also being in the north R/W line of the aforesaid 'County Road to MOW, from which a 1.114 inch iron rod found for reference bears SOUTH, 1.40 feet,- THENCE, SOUTH 87049'00' West, with the most southerly south line of acid SLONE'S SECOND SUBDIVISION and said 45.90§.acre tract, and the north R/W line of said '.County Road.to Algol',' at a distance of 307.60 feet(called 309.0 feet) pass a 4-Inch by 21-inch atone monument found for reference, continuing with said southerly south lines and the north line of that certain called 10 acr- es, described in deeds to Jimmie L.,'Rathbum, as recorded under G.GC.F. Numbers 8103024 and 8712908, in all, a distance of 1,041.68 feet(called 1,042.0 feet) to a 2-Inch iron pipe found mark- ing the south common corner of SLONE'S SECOND SUBDIVISION and the aforesaid SLONE SUBDI- VISION, also marking the southwest corner of said 46.906 acre tract and the herein described tract; THENCE, NORTH 33'00'00' East, with the common subdivision line of said SLONE SUBDIVISION and SLONE'S SECOND SUBDIVISION, and the northwest line of said 45.906 acre tract, at a dis- tance of 30.70 feet (called 30.3 feet) pass a 1-Inch galvanized iron pipe found marking the most southerly corner of Lot 160 of said SLONE SUBDIVISION, at a distance.of 293.33 feet (called 291.0 feet) pass the south common survey line of the aforesaid John Dickinson League and the aforesaid I.&G.N.R.R. Company Survey, Section 4, continuing In all, a distance of 1,741.71 feet to the POINT OF BEGINNING and containing 36.62 acres of land. SETTLEMENT AGREEMENT, RELEASE AND ASSIGNMENT This Settlement Agreement is made and entered into this 17th day of October, 1994 by the City of Friendswood, hereinafter referred to as (the "City" ) and Lawyers Title Insurance Corporation, a Virginia corporation, hereinafter referred to as ( "LTIC" ) . WITNESSETH: WHEREAS, On or about April 28, 1993, the City purchased a 45. 906 acre tract or parcel of land being part of the Slones Second Subdivision, a subdivision in the John Dickinson League, Abstract No. 9, Galveston County, Texas, more particularly described on Exhibit "A" attached hereto (the "Land" ) ; and WHEREAS, LTIC owners policy of title insurance no. 134-00- 017809 was issued to the City (the "Policy" ) insuring good and indefeasible title to the Land; and WHEREAS, upon having the Land surveyed, the City discovered that title to 9 .286 acres of the Land is vested other than as insured, resulting in a failure of title to said 9 .286 acres (the "Claim: ) ; and WHEREAS, upon the City' s notifying LTIC of such failure of title, LTIC commenced an investigation and confirmed the failure of title; and WHEREAS, in reviewing the Policy provisions, for purposes of establishing the amount of loss or damage to which the City would be entitled, it was discovered that through mutual mistake or error, the Policy is a Texas Residential Owner Policy of Title Insurance for One-To-Four Family Residences, which the Land is not; and WHEREAS, due to significant difference in the measure of loss on damages under the Policy and the policy which should have been issued, LTIC and the City have entered into extensive negotiation to reach this agreement; and WHEREAS, the City and LTIC desire finally and forever to compromise and settle the differences between them in the regard, thereby avoiding the expense of lengthy, complex and expensive litigation involving issues of law and fact: NOW THEREFORE, the parties hereto agree as follows: 1. That for and in consideration of the sum of FIFTY-FIVE THOUSAND DOLLARS AND NO/100 ($55, 000.00) and other consideration enumerated herein, the receipt, adequacy and sufficiency of which is hereby acknowledged and confessed, the City does hereby release and forever discharge LTIC, its officers, servants, employees and assigns, from any and all claims, demands, actions and causes of action of any nature or character, whether contract, tort, real property, common law, statutory otherwise, which may have accrued to the City as of the date hereof against LTIC, its officers, servants, employees and assigns. The parties understand that this settlement agreement is intended to constitute a complete and final settlement and release of the Claim described herein and that no consideration, other than that described in this agreement is to be paid or received on account of the Claim or any cause of action which may have accrued to the City by reason of such Claim. It is further understood and agreed that LTIC does not admit liability for the incidents giving rise to the Claim and this agreement, but furnishes the aforesaid consideration only for the purpose of compromise and settlement of a disputed claim. 2. The City does hereby grant, convey and assign to LTIC, its successors and assigns, any and all its rights, claims, demands, and causes of action that it may have against any person, firm, corporation or property arising from or related to the aforementioned Claim and incidents giving rise thereto. This grant is given as evidence of and not in lieu of LTIC' s rights contained in the Policy' s Conditions Section 7. 3. The City hereby agrees to promptly surrender the Policy to LTIC for cancellation and the issuance of a Texas Form T-1 policy containing appropriate Schedules A and B, with a specific exception to be added, to Schedule B Exceptions, for that portion of the Land, (the subject of the Claim and this settlement) which overlaps Rancho Viejo, Section Two Subdivision. 4. The City further acknowledges that pursuant to the Policy' s Conditions, Section 6c. and Section 10 of the Conditions and Stipulations of the appropriate Texas Form T-1 Policy, the payment made in settlement of this Claim shall be subtracted from the Policy amount, thereby reducing the amount of insurance pro tanto. 5. This settlement agreement and the attached Exhibit "A" contains the complete agreement of the parties hereto with respect to all matters in connection with this claim. Executed and effective this 17th day of October, 1994. LAWYERS TITLE INSURANCE CORPORATION y Gary A. Holliman CITY OF FRIENDSWOOD�/J By: o�/�.� Print Name: 8velyne, B. Newman Its: Mayor EXHIBIT "A" 3. Legal Description of land: All that- certain 45.906 acre tract of land being out of and a part of the Slones Second Subdivision, a subdivision in the John Dickinson League, Abstract No. 9, Galveston. County, Texas, a plat of said subdivision being recorded in volume 254-A, Pages 12 and 15, in the office of the County Clerk of Galveston County, Texas, said 45.906 acre tract being comprised of the Eastern Three Fourths (3/4ths) of Lot Fifty-six (56) , and all of Lots Fifty-seven (57) through Sixty-five (65) of said referenced Slones Second Subdivision, and as said 45.906 acre tract is described in Deed recorded in Book 2621, Page 278 et. seg. , of the Deed Records of Galveston County, Texas. 600 North Pearl Suite 700 ' Lock Box 182 awyers Title Insurance Corporation Dallas,Texas 75201 (214)720-7600 Fax(214)720-7615 Writer's Direct Dial 720-7664 October 7, 1994 via FEDEX Mr. Mario L. Dell'Osso Olson & Olson Three Allen Center, Suite 3485 333 Clay Street Houston, Texas 77002 Re: Galveston County, Texas Claim C93-1859-000 City of Friendswood - Insured Policy No. Dear Mr. Dell 'Osso: Pursuant to our telephone conversation on October 7, 1994 enclosed you will find: Lawyers Title Insurance Corporation' s ( "LTIC" ) check number 35814, in the amount of $55,000.00, made payable to the City of Friendswood (the "City" ) ; and a Settlement Agreement, Release and Assignment ( "Agreement" ) to be signed by the City. These funds are being delivered to you in trust for purposes of compromising and settling the referenced claim. The check is not to be delivered, deposited, endorsed or otherwise negotiated until such time as the Agreement has been properly executed by the City and faxed to me, with the original Agreement and the referenced Policy being returned to me via FedEx. As we discussed, the referenced Policy will be cancelled and re- issued on the appropriate policy Form T-1 with comparable Schedules A and B, except that an exception e. will be added to except from coverage of the Policy, that portion of the land described in Schedule A which overlaps Rancho Viejo, Section Two Subdivision. October 7, 1994 Page 2 With regard to LTIC' s rights of subrogation and the City' s assignment of those rights, I have reviewed the deeds in the City' s chain of title from the 1986 conveyance by Edwin N. Letzerich, Elizabeth L. Whiteford and Louis Letzerich, Jr. , through the 1993 conveyance by Texas Parks and Recreation Foundation, Inc. and find that all 3 conveyances in that time frame were special warranty conveyances. Therefore, LTIC will not be pursuing recovery from any of those Grantors since no recovery would be anticipated. I£ you have any questions, concerns or problems in this regard please feel free to call me at your convenience. Thank you for your professional attention and cooperation in resolving this matter. Ver Y10truly yours, i A. Holliman Associate Counsel - Claims GAH/srs Enclosures cc: Fred H. Benson, Jr. , w/o enclosures Randall E. Cox, w/o enclosures