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<br /> <br />J....... <br />t,. <br /> <br />,~ <br />,'"' <br /> <br />Prescribed by Board of Insarance Commission of Te <br /> <br /> <br /> <br /> <br /> <br /> <br />POLICY NUMBER <br />HO- N2 5905 <br /> <br />SOUTHERN TITLE BUILDING <br /> <br />HOUSTON, TEXAS 77002 <br />A Corporation of the State of Texas <br /> <br />GF No.A-23093 jsk: cc <br /> <br />'!ttrtin calltd 1Cht Q:ompanH, for nalnt does hereby guarantee to the <br /> <br />party or parties named below, herein styled assured, the heirs, devisees, executors and administrators of the assured, <br />or if a corporation, its successors by dissolution, merger or consolidation, that as of the date hereof, the assured has <br />good and indefeasible title to the following described land: <br />(See rider attached) <br /> <br />. ~- . -. -.--------.-. -- -- --- <br />. . . . <br /> <br />"This rid~r is attached to and made a part of Policy' HO 5905 <br /> <br />, , <br /> <br />~ A tract of land containing 2.1880 acres, lCore or lessj <br />out of, the'\'Tilliam Jones Survey.; Abstract }~82) in Harris County, Texas, an:l being a' part of, <br />and out of "that certain 333.21~13 acre tract of land as conveyed to '.-1. Harold Sellers, Trustee, <br />' in' deed' recorded in Volu.me 6821~) Page 546, Deed Record's, Harris County, Texas, said 2.1880 " <br />acres, more or less, being more ftUJ.y 4escribed as follows: , <br />CQ1.1MEHCIHG at a concrete monument found at a fence corner for the southHest corner of the <br />said 333.2h13 acre tract, the said C01,r:.fi'1-!Cn-rG POD-i'r being also the intersection ~f the weste,r- <br />l.y boundary line of the sa~d \-1ilH,am l,r. jones Survey \-lith the northerly boundary line of the <br />Fairmont Par~lay 250 foot right-or-way; , <br />THDICE Ii 030 01~ 1 2511 H" 1l~8. 51 feet along the s~d.d \-1ester~. bou.'1dn ry line of the said <br />\1ilJiam ,N. Jones Sux'Vey" the lTesterly boundar;y- line ,of'the sa5.d 333.2413 acre tract and, 1'01.10'\-7 <br />inz t11e ,general line o~ an old fence to a point; , <br />. ,THEnCE N 860 561 00" E, 1{80.oo feet to a 5/8 inch iron rod set for the POD-IT OF BEGINNING' <br />at the north~'Test corner of the tract described herein; , <br />THENCE continuing N 860 561 0011 E" 588.12 feet to a point in the centerline of the . <br />rectified chnnnel of Hillo".'1' Sp~'ine Ba~rou for the nort.heast corner of the tract .described hercirl <br />TH;ENCE S 630 2h 1 1311 H, 3~(~92 feet alonG the centerline of the rectified channel of the <br />said, lUlJ.ovl Spring B-:l.You to the Point of CUl,:~lattt1:'-e of a horizontal 'curve to the left; <br />, THEnCE in a soutll\.rc3terly directi.on 299~22 feet cont5.nuinc; along the centerline of the <br />recti,fied channel of the said Hil1::M SprIng Ilayou follo~'i'inc; the Ul'C of the said horizontal <br />'curve"to the_J.~.f..L.~dn~rad:Lus_o.Lll-l.O_._o.O__f-cct and subte:nc1:!.ng a central angle of 11-101f3'54" <br />to a point' for the southe8st corner of the tr9ct described herein; <br />TH8nCE S 860 561 00" H, 31fl~.hl feet to a 5/8 inch iron rod sel; for the soutln-Test, cOrlicr <br />of the tr.~ct' clescr:tbe:d herein; II, <br />,~'HEHCE H 030 Ol~ I 00" \-1, 220.00 feet to the FOIilT OF BEGImrrNG. <br />~II\ <br /> <br /> <br />2, Restrictive covenants affecting the land described or referred to above, <br />3. Any discrepancies, conflicts, or shorrages in area or boundary lines, or any encroachments, or any overlapping <br />of improvements, <br />4, All taxes for the year 19 69 lInd subsequent years, <br />5. Rights of parties in possession. <br />6. Subject property is a part of College View Municipal utility District, <br />as the boundaries of such district are defined by instrument recorded in Volume <br />7053, Page 1, and in Volume 7380, Page 551, Deed Records, H~ris County, Texas. <br />7. Rights of ingress and egress to and from subject property is nor insured <br />herein nor guarenteed here-unaei' .::: <br /> <br />The Company shall not be liable in a greater amount than the actual monetary loss of assured, and in no event <br />shall said company be liable for more than <br />SEVENTEEN THOUSAND FIVE HUNDRED FOUR AND NO/100--------($17,504.00)-------Dollars, <br />and shall, except as hereinafter stated, at its own cost defend said assured in every suit or proceeding on any claim <br />against or right to said land, or any parr thereof, adverse to the title as hereby guaranteed, but the company shall not <br />be required to defend against any claims based upon matters in any manner excepted or excluded under this policy <br />by the foregoing exceptions or by the General Conditions and Stipulations hereof, The party or parties entitled to <br />such defense shall within a reasonable time after the commencement of such suit or proceeding and in ample time <br />for defense therein, give the Company written notice of the pendency of the suit or proceeding, and authority to <br />defend, and the Company shall not be liable until such adverse interest, claim, or right, shall have been held valid by <br />a courr of last resort to which either litigant may apply, and if such adverse interest, claim, or right so established <br />shall be for less than the whole of the land, then the liability of the Company shall be only stich parr of the whole <br />liability limited above as shall bear the same ratio to the whole liability that the adverse interest, claim, or right estab- <br />lished may bear to the whole land, such ratio to be based on respective values determinable as of the date of this <br />policy, In the absence of notice as aforesaid, the Company is relieved from all liability with respect to any such <br />interest, claim or right; provided, however, that failure to notify shall nor prejudice the rights of the assured if <br />such assured shall not be a party to such action or proceeding, nor be served with process therein, nor have any <br />knowledge thereof, nor in any case, unless the Company shall be actually prejudiced by such failure, <br /> <br />Upon sale of the land this policy automatically thereupon shall become a warrantor's policy and the assured, <br />the heirs, devisees, executors and administrators, of such assured, or if a corporation, its successors by dissolution, <br />merger or consolidation, shall for a period of twenty-five years from date hereof remain fully protected according <br />to the terms hereof, 'by reason of the payment of any loss he, they or it may sustain on account of any warranty of <br />title contained in the deed executed by assured conveying said land, The Company shall be liable under said warranty <br />only by reason of defects, liens or encumbrances existing prior to or at the date hereof and not excluded either by the <br />foregoing exceptions or by the General Conditions and Stipulations hereof, such liability not to exceed the amount <br />of this policy, <br /> <br />~i.B1tcb ~1tbcr ~eltl for the Company, but this policy is to be valid only when it bears an authorized counter- <br />signature, as of the 23rd day of M~ 19 69 , the effective date of this policy, <br />at Houston , , Texas, <br /> <br />SOUTHERN TITLE GUARANTY CO" INC, <br /> <br />By: <br /> <br />Q~~ <br /> <br />President <br /> <br />SOUTHERN TInE COMPANY, INC" Agent, <br /> <br />FORM NO. OP 166 <br /> <br />, <br />