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<br />uwner'B polley-
<br />,~ , erlbed by 8~~ Board of InBOl'BDell of Texa_Bevlaed lU8, ,
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<br />NUMBER
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<br />TITLE' GUARANTY COMPANY'
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<br />STEWART TITLE GUARANTY COMPANY, a Corporation of Galvel!ton,Texas, herein,called the Company, for value, does
<br />hereby guarantee to Party or, Parties named 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: ',,: ,'.., . ' ' "
<br />SUB]ECT TO: The Following Liens: 'N 0 N E
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<br />DESCRIPTION OF PROPERTY:
<br />Lots One (1) to 'lbirty-two (32), both inclusive, in Block Eighty-one (81), (being
<br />all of said Block), in the TOWN OF IA PORTE, in Harris County, Texas, according to
<br />the Mlp or Plat thereof, recorded in volume 83, Page 345, Deed Records of Barris
<br />County, Texas, and being the saDe property conveyed to the as.sured herein by deed
<br />dated February 15, 1960, from LEON ROBms and GUS Rom, reference to tich instrument
<br />is here mde for all purposes.
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<br />NAME OF ASSURED:
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<br />CITY OF IA PORTE
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<br />THIS POLICY IS SUB]ECT TO:
<br />1. Restrictive covenants affecting the property above described,
<br />2, Any discrepancies, conflicts, or shQrtages in area or boundary lines, or any encroachments, or 'any 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.' ..
<br />5. Suit No. 502736, filed Mlrch 3, 1958, Jessie L. KeDlP et al vs. B. B. Harrison
<br />et al, and being subject to all of the terms, conditions ,and stipulations con-
<br />tained in any Decree that nay be entered in connection therewith.
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<br />'Said Company Bhall not be liable in a greater amount than actual monetary 10BB of aliBored,' and in no event Bhall Bald Company be
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<br />liable for more than ,I 00 '$8' 000 00) ,
<br />_ _ EIGHT T.H~ .Al'ij) 1'10,1 ~, _. -------.:.---.-:------------------------
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<br />DollarB, and BhaII, at ItB own COBt, defend Bald aBBured In every suit or proceeding on any claim agalnot or right to Bald IBnd, or any
<br />part thereof, adverse to the title hereby guaranteed, provided the pal'ty or partleB entitled to Buch (lefenBe BhaIl, within a reaBonable time
<br />after the commencement of such Bult or proceeding and In ample tlllle for defense therein, Irlve said Company written notice of the pendency
<br />of the Bult or proceeding, and authority to defend, and said Company shaII not be liable until Bueh adver~e Interest, claim, or right shall
<br />.....VA h....n hl'M VAlIlI _hv.. A <'ourt of. last resort to which ,Il!!her Iltlgant Illay apply, and If such adverae Interest, claim, or right BO estab-
<br />UBJU:!tI"I!r.uBd" a)e un: l1:BIi ...nu] Ult: '".uUJ.t: VI: \.In: pruper.t.y tlu~n tllt: 1I8h111t,): of the CODIDsny shan b~ only 8ueh-pal"t-'.of--'the "":hole Ilablllty
<br />.llmlte,d abov~as ,Ahall_b.ear._the_aame..zatlo_to_tJ1e-~oie:..ua6iut_ji:.tJiiit,::the:;-a-d,"eF_-I'i.tfft'8tl""elii-lm~or-rlght-'estabIlBhed ma)' boar to the
<br />whole propertl', Buch ratio to be based on respecth'e values det..rmlnable as of the date of lhl8 poU"y In the absence of notice aB aforesaid,
<br />the Company IB reIleved from all liability with respect to such claim or demand; provlde(l, however, tllat failure to notify shall not
<br />prejUdice the claim of the a~sured, If such aBsured shall not be a party to such action or procedure, nor be served with process therein,
<br />nor have any knOWledge thereof, nor In any case, unleNs the Company Bhall be actuaIIY prejudiced by s,uch failure. '
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<br />Upon payment of any 10BB hereunder, the Company shalI be entitled to be sub~ogated to all rights of assured agalnBt all otber partleB,
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<br />Upon sale of ,the property covered hereb~', thlB pollc)' automatically thereupon shall become a warrantor's polley and the assured, his
<br />helrB, executors and admlnlBtrators, shall for a period of tw..nty.f1ve years from date hpreof remain fully protectpd according to the
<br />terms bereof, by reason of the payment of any loss hI', or they may sustain on account of any warranty contalnpd In the deed executed b)'
<br />assnred convel'lng said property. The Company to be I'lallle nilCler 'Bald warranty only by reason of defects, liens or encumbrances existing
<br />prior to or at tbe date hereof (and not excepted above) Bueh ilability not to exceed'the amount above written,
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<br />Nothlnlr contained In this policy BhaIl he construed as iusurlng agalnst,loBB or damage by reason of fraud on the part of the assured'
<br />or by reason of claims arising under any obligation of the aSBured; or under any act, thing, or trust relationship, done, created, suffered
<br />or permitted by the aBBured,
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<br />!l{i/'ilV ~"l:E., On .~ ' In Witness Whereof, the Stewart Title Guaranty Company has cauled thlB certificate to be executed
<br />~\~l r~)...~.',oie'f4~~ by Its president under seal of said Company: but this certificate shall not be vaIld unlesB It bearB an
<br />~~~f;...:;~ ttf;:~ ':t. 8lhorlzed counters!gnature,...,thls 15th da~.....of_ ~J _ JIL 60 ......$
<br />~~:"~(jw-,. i... -- -+ - _ _ _ BOUSTONJTexas,
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<br />,~~~~ft.~"" ~ STEWART TITLE GUARANTY COMPANY
<br />4-:;:' ~. .. J: is, 1'iS,. 1f.-,fCl) Countersigned : ~
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<br />l.a~* ~.~.... '., "" ,..!1ttJt~~li. By-"'"
<br />..--.;, ~ ..-r;..,..... 'S~ Ji. al\ r r r -.,
<br />&r;:-~ ..o.t".A.lc ~'llll President
<br />1J'f//Q///liJl"~'4
<br />M::, mrv V v.v "# , Ignature
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<br />97148
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<br />12M 11-59
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