|
<br />"Bement Polle;r-
<br />PnBerlbed b;r State Board of InBuranee .of
<br />
<br />
<br />'"'"'...." """'
<br />
<br />
<br />NUMBER
<br />
<br />Capital, Surplus and Reserves over $3,OOO,OOO.OOCity of LaPorte
<br />Tract "F"
<br />Municipal Airport
<br />
<br />
<br />~~=""~ ~,
<br />i~~~'
<br />j~~~~
<br />
<br />
<br />STEWART TITLE GUARANTY COMPANY, a Corporation of Galveston, Texas, herein called the Company, for value does
<br />hereby insure to CITY OF LA PORTE
<br />
<br />herein styled assured, ~"MIWJnu.,bc...ni~, or its successors that it ha s good
<br />easement in and to the following described property: .
<br />A tract of land containingtwo and 2275/10,000 (2.2275) acres, more or 1es8 out of
<br />LaPorte Outlot Four Hundred Seventy-one (471) in the Enoch Brinson Survey, Harris
<br />County, Texas according to the map thereof recorded in Volume 61, Page 37~ Deed
<br />Records of Harris County, Texas.
<br />
<br />
<br />~
<br />f
<br />t
<br />~
<br />f,
<br />I
<br />
<br />f
<br />f,
<br />~
<br />~
<br />t
<br />~
<br />f,
<br />~
<br />f,
<br />
<br />under that easement agreement between Glynn T. Wall and wife, Verna Wall
<br />
<br />and
<br />
<br />City of LaPorte
<br />
<br />, dated
<br />
<br />and subject to :
<br />
<br />1. Following liens:
<br />NONE
<br />
<br />
<br />2. Restrictive covenants affecting the property above described.
<br />
<br />3. Any discrepancies, conflicts, or shortages in area or boundary lines, or any encroachments or any overlapping of im-
<br />provements which a correct survey would show.
<br />4. Terms and provisions of said easement agreement.
<br />
<br />S. Taxes for theBlllDDtyear. 1919 and subsequent years.
<br />
<br />(CONTINUED ON REVERSE SIDE HEREOF)
<br />Said Company shall not be lIa'bTe In a greater amount than actual monetary loss of aBBured, and In no event shall said Company be
<br />liable for more than -.... - ·
<br />TWO THOUSAND FOUR HUNDRED FIFTY AND NO/IOo----------~($2,450.00)-----
<br />Dollars, and shall, at Its own COBt, defend said assured In every suit or proceedlnll" or any claim against or right to said land, or any part
<br />thereof, allverse to the title hereby guaranteed, provided the party or l,artles entitled to Buch defense Bhall, within a reasonable time after
<br />the commencement of such suit or proceeding and In ample time for defenBe therein, give said Company written notice of the pendenc,' of
<br />the suit or proceedlDlt, and authority to defend, and Bald Company shall not be lIaDle until such adverse claim or right IIhall have been
<br />beld valid b,. a court of lallt resort to which either litigant may apply, and, If such adverBe claim or right so established shall be for
<br />leB. than the wbole of the property, then the liability of the Company shall be only such part of the whole liability limited above.. IIhall
<br />bear the Bame ratio to tbe whole liability that the adverse claim or right eBtabllshed may bear to the whole property. In the abBence of
<br />notice aB aforesaid, the Company Is relieved from all liability with respect to such claim or demand; provided, however, that failure to
<br />notify shall not prejudice the claim of the aBsured, If Buch assured shall not be a party to such Dctlon or procedure, nor be served with
<br />proceSB therein, nor have any knowledge thereof, nor In any case, ullless the Company shall be actually prejudiced by such failure.
<br />Upon payment of any loss hereunder, the Company shall be entitled to be Bubrogated to all rights of
<br />InBured against all other parties.
<br />IN WITNESS WHEREOF, Tbe Stewart Title Guaranty Company bas caused this certificate to be
<br />executed by Its president under seal of said Company: but this certificate shall not be valid unless It
<br />
<br />bears an authorl.ed cOU'llterslgnature, tbls 23rd day of J U L Y, 1970 .
<br />
<br />.: a~ ..:," i:; .,'., 'I .j.' :: '.' .:. ..: I'"j !:,: i; ". > i\~;" ~,. H.~; U. ~. 'J; ! O...N.. .n',' ',. ,~e~~~..: .
<br />
<br />I.,' ;-..... ol~~ .;:i r,l'- !:r-nl.l~;;'.~"r'\H t.,.lf!StE;WARtT.I;rL..~.~..p'~R~r.Y.~p~rA~:Y.
<br />. Countli,ilgaeti:. T." ~
<br />: : ."" !. tY'('.' I..:':: I::rr:, !ll. :"~;"'t?~"'~p.~'~'::;1
<br />
<br />. ....~_ /2j President
<br />':W-PU~~ {~e _....
<br />r..omed Signature
<br />
<br />......... -- ~ ~
<br />
<br />
<br />E
<br />
<br />2125
<br />
<br />A
<br />
<br />~-~~~........
<br />
<br />
|