Laserfiche WebLink
<br />FT (11/21/2002) <br /> <br />T-2 Form Prescribed by Texas Department of Insurance (Rev. 5/1/08) <br /> <br />STEWART TITLE GUARANTY COMPANY <br />SCHEDULE B <br />EXCEPTIONS FROM COVERAGE <br /> <br />.Lile No.: 08108647 <br /> <br />Policy No.: M-5952-10735 <br /> <br />~his policy does not insure against loss or <br />attorneys' fees or expenses) that arise by <br />and easements, if any, shown in Schedule A, <br /> <br />damage (and the Company will not pay <br />reason of the terms and conditions of <br />and the following matters: <br /> <br />costs, <br />leases <br /> <br />1. Deleted. <br /> <br />2. Shortages in area. <br /> <br />3. Standby fees, taxes and assessments by any taxing authority for the year 2008, <br />and subsequent years, but not those taxes or assessments for prior years because of an <br />exemption granted to a previous owner of the property under Section 11.13, Texas Tax <br />Code, or because of improvements not assessed for a previous tax year. <br />Company insures that standby fees, taxes and assessments by any taxing authority for <br />the year 2008 are not yet due and payable. <br /> <br />4. Liens and leases that affect the Title, but that are subordinate to the lien of the <br />Insured Mortgage. <br /> <br />5. (Insert here all other specific exceptions as to superior liens, easements, out- <br />standing mineral and royalty interests, etc.) <br /> <br />a. Encroachment <br />north of the <br />dated August <br />No. 5928. <br /> <br />of a <br />subject <br />8, 2008 <br /> <br />portion <br />property <br />prepared <br /> <br />of a 1 Story Metal Building located on the parcel <br />over the north property line as shown by survey <br />by John D. Wiley, Jr. Registered Public Surveyor <br /> <br />b. Deed of Trust and Security Agreement dated October 17, 2007 recorded under <br />Clerk's File No. 20070632972 of the Real Property Records, executed by East A <br />Developments, LP in favor of Frederick B. Cull, Trustee, securing the payment <br />of one note in the principal amount of $110,000.00 bearing interest and <br />payable. as therein provided to the order of Gagle Investments. Together with <br />all indebtedness of whatsoever nature secured or to be secured thereby and the <br />terms, conditions and stipulations contained in such instruments. <br /> <br />c. The lien herein described is also secured by properties not insured under this <br />policy and the liability of the insuring company is limited to the value of the <br />real property described herein, and in no case more than $150,000.00. <br /> <br />d. Unrecorded Lease executed by East A Development, L.P. <br />Economic Development Corporation (Tenant). <br /> <br />(Landlord), and La Porte <br /> <br />"NOTE: FOR INFORMATION ONLY: Lender's File/Loan/Reference Number is N/A." <br /> <br />,.- <br />