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<br />
<br />, GF#10158/15026
<br />r;l AM~~NT ')1
<br />[ $2,000.00]
<br />L,~~
<br />
<br />Stewart Title Guaranty Company
<br />[of Texas]
<br />
<br />L .
<br />
<br />~~~~~~'\.~~~~~a--~~~~~~P1,.,~tm
<br />1-30-3 - . ": '
<br />
<br />(herein called the Company) for value does hereby guarantee to
<br />
<br />CITY OF LA. PORTE
<br />-~-~,
<br />
<br />HARRIS COUNTY, TEXAS, ~........ -""'-...........................""'-...,..,...."..........
<br />'- ,,-"""------..........~~~~~~~~
<br />
<br />-~---~~- ~~-~
<br />
<br />it
<br />herein ~tyled insured, ~~b(Ill':zbl1l~l<lhat m ha S good and indefeasible
<br />title to the following described real property: Tract, Lot, or Parcel of land known
<br />and described as Lots Numbered Seventeen (17) and Eighteen (18) in
<br />Block Thirty-nine (59), Town of La Porte, Harris County, Texas,
<br />according to the plat of said Townsite recorded in the office of the
<br />County Clerk of Harris County, Texas, and being the same property'
<br />conveyed to' Insured by Mrs. Lillian Nelson and husband, John Nelson,
<br />by deed of even -date herewith, reference to which ~ap and De~dis~her
<br />made for all purposes, together. wi.th' all improvemen'ts' thereoh.
<br />
<br />-.., ....
<br />
<br />subject to:
<br />.' 1. ,Following liens:
<br />
<br />~----
<br />
<br />2. Restrictive covenants affecting the property above described, ~~~
<br />3. Any discrepancies in area and boundaries which a correct survey would show. - -
<br />4. Taxes for the current year, ------~~~~ -
<br />50 Rights of parties in posses~-io~. _~ cr ~ ·
<br />
<br />- ----- - - -
<br />
<br />
<br />---.S;id c~ ~n ~ gr~ater amount than actual monetary loss of insured, and in no event shall said
<br />Company be liable for more than ' --.,
<br />
<br />-- -- - -............- ----- TWO THOUSAND AND NO 10 2 000.00)
<br />Dollars, and shall, at its own cost, e e al I s re 0' v ry s It or proc e mg on n aim against or right to said
<br />land, or any part thereof, adverse to the title hereby guaranteed, pro..vided ,the-par~parties entitled to stlch defense shall,
<br />within a reasonable time after the commencement of such suit or proceeding and in ample time for defense therein, give said
<br />Company written notice of the pendency of the suit or proceeding, and authority to defend, and said Company shall not be
<br />liable until such adverse claim or right shall have been held valid by a court of last resort to which either litigant may ap-
<br />ply, and if such adverse claim or right so established shall be for le:s than the whole of the property, then the liability of
<br />tile Corftpany.'shall be-Obly sucirpart'-of-the whole-liabi1ity~limitedabove-as shall' bear the sameC'ratio-to the whole liability-
<br />that the adverse claim or right established may bear to the whole property. In the absence of notice as aforesaid, the Com-
<br />pany is relieved from all liability with respect to such claim or demand; provided, however, that failure to notify shall not
<br />prej udice the claim of the assured,. if such assu1:e~ sh~ll not be a party to such action or procedure, n.or ~e served with. pro-
<br />cess therein, or have any knowledge,thereof, nor many case"unless the Company shall be actually prejudiced by such failure.
<br />Upon payment of any loss hereunder, the Company shall be entitled to be subrogated to all rights of insured against all
<br />other parties. ~~ -'""-'......~ --.;... -~~ - -- -~
<br />Upon a sale of the property cov.er~d h~reby, this policy automatically thereupon shall become a warrantor's policy anli
<br />the insured his heirs, executors and 'admin:i'Strators, shall for a period of twe,!1ty-five years from date hereof remain fully pro-
<br />tected acco~ding to the terms here~f, .oy., ~eason of the ~ayme1'! t of any los: hl\ or they may sustai.n on account <;,f any war-
<br />ranty contained in the deed executed, py msured conveymg said property. The Company to be hable under said warranty
<br />only by reason of defects, liens or enc~mbrances existing prior to or at the date hereof (and not excepted above) such liabil-
<br />ity not to exceed the amount above written. ~___~~ ~-""'-..........~- -""'---
<br />IN WITNESS WHEREOF, the Stewart Title Guaranty Company has caused this certificate to be executed by
<br />its President under the seal of said Company; but this certifi,cate shall not be valid unless countersigned by the
<br />
<br />Company's Attorney, this 21st day of October, A. D. 1930. ...-~--.-~ ~-P"'_ -~
<br />.r STEWART TITLE GUARANTY COMPANY
<br />--.:.- ~, ,:
<br />
<br />:"
<br />
<br />By
<br />
<br />~~
<br />
<br />
<br />President.
<br />
<br />'"'.JIII'
<br />
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