Chicago Title Insurance Company

Transcription

1 SCHEDULE A 1. Commitment Date: April 27, 2011 at 08: Policy (or Policies) to be issued: (a) Owner's Policy (ALTA Owners Policy (10/17/92) with Florida Modifications) Proposed Insured: To Be Determined Amount (b) Loan Policy Proposed Insured: (ALTA Loan Policy (10/17/92) with Florida Modifications) 3. Fee Simple interest in the land described in this Commitment is owned, at the Commitment Date, by: The Gordon Bank 4. The land referred to in this Commitment is described as follows: Nine and one-half (9 1/2) chains square in the Southwest corner of the Southeast 1/4 of Section 12, Township 14 South, Range 19 East, Marion County, Florida, except the West 210 feet, and except road right-of-way, and except the East 210 feet of the West 420 feet of the North 207 feet of the South 627 feet of the Southwest 1/4 of the Southeast 1/4, and except acre square in the Northeast corner of said nine and one-half (9 1/2) chains square. NORTH AMERICAN TITLE COMPANY By: Authorized Officer or Agent Schedule A S1FLOTC.0659 Rev. 6/13/01 Valid Only if Schedule B and Cover are Attached

2 SCHEDULE B - SECTION I REQUIREMENTS The following requirements must be met: 1. Payment to or for the account of the grantors or mortgagors of the full consideration for the estate or interest to be insured. 2. Instrument(s) creating the estate or interest to be insured must be properly executed, delivered and filed for record. a. Duly authorized Warranty Deed from The Gordon Bank, to To Be Determined, together with evidence satisfactory to the Company of the corporation's good standing under the laws of its domicile state and a satisfactory resolution from its Board of Directors specifying the officer who are authorized to execute said deed. 3. Evidence satisfactory to the Company must be furnished showing that an RP tag has been obtained for the mobile home pursuant to Florida Statute Section , and that the seller/owner/borrower is in possession of the Certificate of Title or a duplicate thereof for the mobile home. 4. The name(s) of the proposed insured under the policy must be furnished and this commitment is subject to such further exceptions and/or requirements as may then be deemed necessary. 5. When the Company has been provided the amount of the full insurable value of the land and the Company has agreed to that value, Schedule A will be amended accordingly. 6. Proof of payment, satisfactory to the Company, of taxes for the year(s) 2010 in the gross amount of $ under Tax Folio Number: R Proof of payment, satisfactory to the Company, of taxes for the year(s) 2010 in the gross amount of $3, under Tax Folio Number: R Property Address 8143 NW 145 Ave Road, Morriston, FL Payment of all outstanding taxes, charges, assessments, levied and assessed against subject premises, which are due and payable. A. Proof of payment of any outstanding assessments in favor of Marion County, Florida, any special taxing district and any municipality. NOTE: If this requirement is not satisfied the following exception will appear on Schedule B: Any outstanding assessments in favor of Marion County, Florida, any special taxing district and any municipality. B. Proof of payment of service charges for water, sewer, waste and gas, if any, through the date of closing. NOTE: If this requirement is not met the following exception will appear on Schedule B: Any lien provided for by Florida Statutes in favor of any city, town, village or port authority for unpaid service charges for service by any water, sewer, waste or gas system supplying the insured land or service facilitates. The following note is incorporated herein for informational purposes only and is not part of the exception from coverage: All deeds conveying the subject property within the last 36 months are attached hereto. NOTE: Check your municipality/county for any ordinance relating to the registration, inspection and/or certification required on foreclosures and short sales. Schedule B - Section I (10/17/92)

3 SCHEDULE B - SECTION II EXCEPTIONS Any policy we issue will have the following exceptions unless they are taken care of to our satisfaction. 1. Defects, liens, encumbrances, adverse claims or other matters, if any, created, first appearing in the public records or attaching subsequent to the effective date hereof but prior to the date the proposed insured acquires for value of record the estate or interest or mortgage thereon covered by this Commitment. 2. Taxes and assessments for the year 2011 and subsequent years, which are not yet due and payable. 3. Standard Exceptions: a. Easements, claims of easements, boundary line disputes, overlaps, encroachments or other matters not shown by the public records which would be disclosed by an accurate survey of the land. b. Rights or claims of parties in possession not shown by the public records. c. Any lien, or right to a lien, for services, labor, or materials heretofore or hereafter furnished, imposed by law and not shown by the public records. d. Taxes or assessments which are not shown as existing liens in the public records. 4. Any claim that any portion of the insured land is sovereign lands of the State of Florida, including submerged, filled or artificially exposed lands accreted to such land. 5. Any lien provided by Chapter 159, Florida Statutes, in favor of any city, town, village or port authority for unpaid service charges for service by any water, sewer or gas system supplying the insured land. NOTE: The Company reserves the right to make further requirements and/or exceptions upon its review of the proposed documents creating the estate or interest to be insured or otherwise ascertaining details of the transaction. NOTE: If the proceeds of the loan to be secured by the insured mortgage are deposited with the Company or its authorized agent, Item 1 above shall be deemed deleted as of the time such funds are disbursed to or for the account of the borrower. Neither the Company nor its agent shall, however, be under any duty to disburse any sum except upon a determination that no such adverse intervening matters have appeared of record or occurred. NOTES ON STANDARD EXCEPTIONS: Item 3A will be deleted from the policy upon receipt of an accurate survey of the land acceptable to the Company. Items 3B, 3C, and 3D will be deleted from the policy upon receipt of an affidavit-indemnity acceptable to the Company, stating (i) who is in possession of the land, (ii) whether improvements to the land have been made or are contemplated to commence prior to the date of closing, which improvements will not have been paid for in full prior to the closing, and (iii) that there are no taxes or assessments which are not shown as existing liens in the public records. 6. The improvements located on said land consist of a mobile home. So long as said mobile home retains its characteristics as personal property, this binder/policy does not insure the mobile home located on the property as described in Schedule "A", but explicitly excluded such personal property from the coverage hereof. In the event, as of the date hereof, said mobile home is affixed to said land as to be part of the realty under the terms and provisions of this binder/policy and under the laws of the State of Florida, this binder/policy does insure the mortgage as a lien on said land improvements. The burden of proof to establish that said mobile home is a fixture shall be on the insured hereunder. Schedule B - Section II (10/17/92)

4 SCHEDULE B - SECTION II EXCEPTIONS (Continued) 7. The rights of tenants in possession under bona fide leases pursuant to the provisions of the Federal "Helping Families Save Their Homes Act" of NOTE: All recording references in this commitment/policy shall refer to the public records of Marion County, Florida, unless otherwise noted. Schedule B - Section II (10/17/92)

5 , Ticor Title Insurance Company Fidelity National Financial Group of Companies' Privacy Statement July 1, 2001 We recognize and respect the privacy expectations of today's consumers and the requirements of applicable federal and state privacy laws. We believe that making you aware of how we use your non-public personal information ("Personal Information"), and to whom it is disclosed, will form the basis for a relationship of trust between us and the public that we serve. This Privacy Statement provides that explanation. We reserve the right to change this Privacy Statement from time to time consistent with applicable privacy laws. In the course of our business, we may collect Personal Information about you from the following sources: From applications or other forms we receive from you or your authorized representative; From your transactions with, or from the services being performed by us, our affiliates, or others; From our internet web sites; From the public records maintained by governmental entities that we either obtain directly from those entities, or from our affiliates or others; and From consumer or other reporting agencies. Our Policies Regarding the Protection of the Confidentiality and Security of Your Personal Information. We maintain physical, electronic and procedural safeguards to protect your Personal Information from unauthorized access or intrusion. We limit access to the Personal Information only to those employees who need such access in connection with providing products or services to you or for other legitimate business purposes. Our Policies and Practices Regarding the Sharing of Your Personal Information We may share your Personal Information with our affiliates, such as insurance companies, agents, and other real estate settlement service providers. We also may disclose your Personal Information: to agents, brokers or representatives to provide you with services you have requested; to third-party contractors or service providers who provide services or perform marketing or other functions on our behalf; and to others with whom we enter into joint marketing agreements for products or services that we believe you may find of interest. In addition, we will disclose your Personal Information when you direct or give us permission, when we are required by law to do so, or when we suspect fraudulent or criminal activities. We also may disclose your Personal Information when otherwise permitted by applicable privacy laws such as, for example, when disclosure is needed to enforce our rights arising out of any agreement, transaction or relationship with you. One of the important responsibilities of some of our affiliated companies is to record documents in the public domain. Such documents may contain your Personal Information. Right to Access Your personal Information and Ability To Correct Errors Or Request Changes Or Deletion Certain states afford you the right to access your Personal Information and, under certain circumstances, to find out to whom your Personal Information has been disclosed. Also, certain states afford you the right to request correction, amendment or deletion of your Personal Information. We reserve the right, where permitted by law, to charge a reasonable fee to cover the costs incurred in responding to such requests. All requests must be made in writing to the following address: Privacy Compliance Officer Fidelity National Financial, Inc Calle Real, Suite 220 Santa Barbara, CA 93110