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<br />15M 9-64 2 PART
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<br />Own..r's Policy-Form Prescribed by State Boanl of ,Insurance of Texa_Redsed 19116
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<br />NUMBER
<br />6760-G
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<br />TITLE GUARANTY ,COMPANY
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<br />STEWART TITLE GUARANTY,COMPANY, a corporation of Galveston, Texas, herein called the Company, for value, does
<br />hereby guarantee to Party or Parties riamed below herein styled assured, the heirs, executors and administrators, or in case
<br />of a corporation, the. corporate successor or successors, of the assured, that the assured has good and indefeasible title to the
<br />following described real property:
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<br />SUBJECT TO: The Following Liens: NON E
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<br />DESCRIPTION OF PROPERTY:
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<br />Lots One (1) through Four (4), all inclusive, Block One Hundred Seventy-Seven (177)
<br />TOWN OF LA PORTE, Harris County, Texas, according to the map thereof recorded in
<br />Volume 855, Page 383, of the Deed Records of Harris County, Texas, and being the
<br />same property conveyed to the assured herein by Deed dated October 4, 1965, from
<br />BONNIE LEE FRY and wife, SYBIL FRY, reference to which instrument is here made.
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<br />NAME OF ASSURED:
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<br />CITY OF LA PORTE
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<br />THIS POLICY IS SUBJECT TO:
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<br />1. Restrictive covenants affecting the property above described.
<br />2, ,Any discrepancies, conflicts,. or shortages in area or boundary .lines, or any encroachments, ,or at:ly overlapping of im-
<br />provements which a correct survey would show.-
<br />:3. Taxes for the current year.
<br />4. Rights of Parties in possession.
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<br />5. Any and all Zoning Ordinances, or proposed Zoning Ordinance~
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<br />Sold Company shall not be liable in a greater amount than actual monetary loss of assured, ,and in no e",ent shall said Company be
<br />liable for more than / $)
<br />TWO THOUSAND FIVE HUNDRED AND NO 100----------( 2,500,00 ----------------
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<br />Dollars, ami shall, at its own cost, defend sald assured in' every suit or proceeding on any claim against or right to .sald land, or any part
<br />thereof. advene to the title hereby guaranteed., provided the party or partills entitled t.o such defense shall, within a reasollable time after
<br />the commencement of such suit or proceeding, and In ample time for defense therein, give saitl Company written notice of the IICllllenc)' of
<br />the suit or proceeding, and authority to defend, such notice and authority to be given to the Conl)lony at P. .0. Box 2029, Houston, Texas
<br />'77001, and Identify t.hls pollc)' by Its printed POLICY SERIAL NUl\IBER which oPllears at the bottom of this polie)', and sold Compan)'
<br />shall not be liable until such a,h'erse Interest, claim, or right shall ha"e been hehl valid b)" a court of last resort to which either litigant
<br />mB)p appl~p, and If sllch adverse interest, claim, or right 80 established shall be for less than the whole of the propert).., then the liability of
<br />the Company sholl he only such part of the whole liability limited above as shall bear.the same ratio to the wllole liability that the adverse
<br />Interest, claim, or ri!\'ht established may bear to the whole propert)', such ratio to he based on resllectl,.c values determinable as of the date
<br />of tlllfl polley. In the absence of notice as aforesaid, the Conl\lany Is relieved' from allllabilit)' with reslleet to such claim or demand; pro-
<br />_",.(1_,,<1. however. that failure to notify sllall not prejudice the elalm of the assured, If such assured shall not be a party to such action or
<br />-"'--p'i'oeedure; nOr -he. ser,'eaWlt1i-process-thcreln', 'nor-ha,'e. a.n.y knowledge- thereof, nor In any:case.._unless the Compan.y .shall ,be aetuall)'
<br />Ilrejudleed by such failure. '
<br />Upon IlR)'ment of a-n)' loss hereuuder, the CompallY shall be entitled to be subrogated to nil rights of assured against all other partie".
<br />Upon sale of the prollerty eovere(l herehy, this polic)' automntieally thereupo\l shall become a warrantor's policy and the assured, his
<br />heirs, executors 0\1(1 administrators, sllall for a period of twenty-rh'e )'cars from date hereof remain fully 'Protected according to the
<br />'terms-hereof, by reason of the payment of any loss he or they mal' snstaln on account of any warranty, contained in the deed executed by
<br />assured conveying said property. The Company to be liable under said warranty only by re.ason of defects, liens or encumbrances existing
<br />prior to or at the date hereof (and not excellte,l above) such liability \lot. to exceed the amount above written.
<br />Nothing contained In this polley shaH be construed as Insuring against loss or damage by reason of fraud on the part of the assured;
<br />or by reason of claims arising under any ohllgatlon of the assured; or under an)' act, thing, or trust relatio\lshlp, done, created, suff"red
<br />or permitted by the assured. . .
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<br />In Witness. Whereof, the Stewart Title Guaranty Company has caused this certificate to be executed
<br />by its ,president under seal of said Company; but this certificate shall not be valid unless It bears an
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<br />authorized countersignature, this 4TH day of 0 C T 0 B E R, 1965, at
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<br />H 0 U S TON,
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<br />Texas,
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<br />. Countersigned:
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<br />TITLE ,GUARANTY COMPANY
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<br />President
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<br />By
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<br />..A
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