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<br /> <br />" <br />,-=- <br /> <br /> <br /> <br /> <br />T-1 Owner's Pollcy- <br />Form Prescribed by State Board of Insurance of Texa_Revlsed 19116 <br /> <br /> <br />t <br />t <br />t <br />t <br />t <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br /> <br />NUMBER <br /> <br />~ <br />TITLE GUARANTY COMPANY <br /> <br />708-E <br /> <br />STEWART TITLE GUARANTY COMPANY, a corporation of Galveston, 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 /> <br />SUBJECT TO: The Following Liens: NON I <br /> <br />DESCRIPTION OF PROPERTY:, ' <br /> <br />Lots One through Nineteen (1-19), both inclusive, in Block Two Hundred Forty-light <br />(248), of the Town of La Porte, in Harris County, Texas, according to the map or <br />plat thereof recorded in Volume 60, Page 112, Deed 'Records of Harris County, Texas, <br />and being the same property conveyed to the assured herein by' Deed dated February <br />11, 1963, frOm MRS. PAULINI MORGENSTIBN, SARAH H. LICHENGIR~ and LOUIS LECHENGIR, <br />reference to which instrument is here made for all,purposes. <br /> <br />NAME OF ASSURED: <br /> <br />CITY OF'LA PORTI <br /> <br />t <br />I <br />t <br />~ <br />I <br />t <br />~ <br />t <br />I <br />I <br />t <br />~ <br />I <br />I <br />I <br />t <br />I <br /> <br />THIS POLICY IS SUBJECT TO:, <br />1. Restrictive covenants affecting the property above described. <br />2. 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 />3. Taxes for the current year. <br />4. Rights of Parties in possession. <br />5. Any and all Zoning Ordinances affecting the above described property including <br />notice by the town of La Porte. <br />6. Any and all interest owned or claimed by the following: Louis Lobit,. J. H~ <br />Outlaw, Fannie K. Adeue', George Franklin McFarland, John L.. McFarland, Frances <br />Bull wife of John Bull, Katherine Howland, wife of A. H. Howland, William A. <br />McFarland, Dorothy Mae Cook, and husband, J. E. Cook, and La Porte Land Co. <br /> <br />, Said Company Bhall not be llable In a greater amount than actual monetary 10sB 'of assured, and In no event Bhall said Company be <br />liable for more than' , <br />FOUR THOUSAND SIVENHUNDRED FIFTY AND NO/J.Q9~------- L$~,150~QC:.-..::~-:.-. <br /> <br />Dollars, and Bhall, at ItB own COBt, defend Bald aBBured In every BUIt or :proceedlng on any claim agalnBt or right to Bald land or any part <br />thereof, adverBe to 'the title' hereby guaranteed, provided the party or partleB entitled to Buch defenBe Bhall, within a reaBonable time after <br />the commencement of Buch Bult or proceeding, and In ample time for defense therein, give Bald Company written notice of the pendency of <br />~~rdB~~'::~a~,;,cs":~Vrgot~~ rl~~~r~t:tI\o s~~~na'~Iv~~~~ l':.~~i~:sr.n~a,~~~~I7Ig~~t ~tl:W~~V~o ~:e-;' ~eTj~~rlda\,~tsa ot~~:t I~f lf~s~s~~~;'rie~a~:l~g <br />either litigant may apply, and If such adverse Interest, claim, or right so established shall be for less than the whole of the property, then <br />the llabUlty of the Company Bhall be only Buchpart of the whole liability limited above aB Bhall bear the Bame ratio to the who~e lIablUty <br />that th€ adverse' interest, claim, or 'right, established may,bear to the whole property, Buch ratio to be based on respective values deter- <br />minable as of the date of this polley. In the absence of notice as aforesaid, the Company I's'relleved from allllablllty with, respect to such <br />claim or demand; pro\'lded, howe\'er, that failure to notify shall not prejudice the claim of the assured, If such aSBured shall not be a <br />party to such action or procedure, nor be Berved with proceBB therein, nor have any knowledge thereof, nor In any caBe, unleBB the Com- <br />pany shall be actually prejudiced by such faUure. <br />Upon pa)'ment of any lOBS hereunder, the COllll>any shall he entitled to be subrogated to all rights of assured against all other parties. <br />Upon Bale of the property covered hereby, this policy automatically thereupon Bhall become' a warrantor's polley ahd the aSBured, his <br />helrB, executorB and administrators, Bhall for a period of twenty-five years from llate hereof remain fully protect!'(l according to the <br />terms hereof, by reason of the pa)'ment of any lOBS he or the~' ma~' sustain on s,ccount of an~' warrant)' contained In the deed executed b)' <br />assured cOD\'e)'lng said property. The COllll,any to be liable under said warranty onl~' b)' reason of defects, liens or encumbrances existing <br />prior to or at the date hereof (and not excepted aho\'e) such liability not to excee,l the amount abo\'e written. <br />Nothlnjf contained In this policy shall be construed as Insuring against lOBS or damage b)' reason of fraud on the part of the assured; <br />or by reason of clalmB arlBing under any obligation of the assured; or under any act, thing, or trust relationship, done, created, suffered <br />or permitted by the aSBured. <br /> <br />. AA In WltneBB Whereof, the Stewart Title Guaranty Company haB cauBed thlB certificate to be executed <br />'CiJffflPnlJ7/h~ by ItB preBldent under Beal of Bald Company: but thlB certificate Bhall not be valid unleBB It bearB an <br /> <br />,~~~\"'(\:.E GlJ'--1 Kuthorl.ed countersignature, this 11TH day of FIB R U A R Y 196 3 ' at <br /> <br />~~' ~","'''':*;...;!.~ H 0 U S TON, Texas. ~- <br />~~... ~~'1iPO~4 \~~ ,__ fiM'Z . <br />~~:~ -*~ ~'i<:<'~' ~"'~ <br />~~~\ 1908, ;gf Countersigned: TITLE GUARANTY COMPANY <br />~ ... ...: ~ <br />-::. *... .*. .","'* ~ ~~ '-h1~' <br />~- ~.",.",.. ~ <br />, -~~' eX A ':. 'I,I'~ By <br />~h///lII"1111 PreBldent <br />MC:jdh <br /> <br />~ <br />t <br />t <br />t <br /> <br /> <br />~ <br />I <br />t <br />~ <br />t <br />t <br />t <br />~ <br />t <br />t <br /> <br /> <br />t <br />~ <br />t <br />t <br />t <br />I <br />t <br />t <br />I <br />~ <br />t <br />t <br />t <br /> <br /> <br /> <br /> <br />UIM 1-&22 PART <br /> <br />, SERIAL <br />NUMBER <br /> <br />,021393-1 A: <br />